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Wednesday AM Daily | August 28, 2019
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2020 Book of Lists calendar submissions due Sept. 20
By John Retzlaff | Operations Manager Our 2020 Book of Lists is just around the corner. Featured in the Book of Lists is a curated calendar of key business, nonprofit and cultural events of interest to the Greater Des Moines business community. In preparation for this publication, we are asking for your organization’s major events by Sept. 20. Events can be submitted for consideration at: www.businessrecord.com/calendar.
We know some of you might still be in the planning stages for your event, so if the details of the event are unknown or still evolving at this time, feel free to submit just the event name and date. Think of this as staking your claim with a "Save the Date."
Once your final details are known, you can simply submit the event along with complete details online via our calendar tool or send an email with the requested changes.
We hope that you will use the calendar as a tool for
planning your event to prevent competing with other major events. Also, it will help us to more efficiently and prominently feature your events in our products and ultimately let readers better plan their weeks.
View our full calendar to see the latest curated business and community events, or suggest an event.
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Stelter Co. announces succession plans
The Stelter Co. in Des Moines has named two third-generation family members to lead the company, with support from a newly appointed executive leadership team as part of a succession plan. The company’s owners, Larry Stelter and Peggy Fisher, announced their plans to retire in June 2020. Next year will mark Stelter’s 50th year with the company; Fisher marks her 25th year next month.
Founded in 1962, the Stelter Co. specializes in working as a strategic partner with nonprofit organizations to create multichannel marketing to cultivate donor relationships. The company employs more than 100 workers and has nearly 1,500 clients.
In 1991, Larry Stelter purchased the company from his father, Paul Stelter, becoming the second generation at the helm. Fisher joined the company in 1994 as creative director after a successful career as art director at Country Home magazine. Fisher was the chief operating officer before being named CEO in 2013.
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Nathan Stelter, Larry’s oldest son, has been named president of the company. Jeremy Stelter, Larry’s second son, has assumed the role of executive vice president. Bev Hutney has been promoted to CEO, taking over for Fisher. The company further outlined new executive roles in a news release.
"I can’t tell you how proud I am," said Larry Stelter. "Watching my boys grow up in and around the business, I hoped this day would come. To hand over my life’s work — and my dad’s life’s work — to them. … I’ve always told them: If you don’t love what you’re doing, do something else. But they kept showing up every day. And not just that — they have the talent, vision and passion to take the company to places I can’t even dream of."
Hutney, currently in her 21st year with the company, has held several critical positions, most recently as chief operating officer. As creative director, she played a major role in shifting the trajectory of the company, taking it from a direct mail vendor to a strategic partner providing custom multichannel marketing services.
In her role as director of innovation and research, Hutney oversaw the commission and release of the first-ever national scientific study on the topic of bequest giving. Under Hutney’s guidance as COO for the last six years, the company has continued its double-digit growth trajectory.
In preparation for their retirement, Stelter and Fisher have assumed new roles to assist the executive team during the transition. Stelter will act as chairman of the board, with Fisher serving as strategic adviser.
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United Way of Central Iowa names nine new board members
By Business Record Staff United Way of Central Iowa announced Tuesday that its board of directors has approved the addition of nine members for two-year terms. Nora Everett, retired president of Retirement and Income Solutions at Principal Financial Group, stepped into the role of board chair and will serve a two-year term. Each two-year term began in July.
"United Way of Central Iowa is leading the charge for the health, education, and financial stability of all central Iowans," Everett said in a statement. "With a committed and talented team serving on our board, committees, and cabinets, we’re working together to enable more high school graduates, more financially self-sufficient neighbors, and a healthier community for
all of us," said Everett. "I am extremely privileged to be working alongside so many others on this life-changing journey."
The following people have joined the board:
- Rob Barron, special assistant, government and community relations, Grand View University.
- Jem Gong-Browne, director of Enterprise Strategy, Principal.
- Janice Lane-Schroeder, CEO, Children & Families of
Iowa.
- Heidi Mason, community volunteer.
- Joel Nelson, president and CEO, LCS.
- Renee Schaaf, president, Retirement and Income Solutions, Principal.
- Jeremy Staun, regional vice president, Nationwide.
- Brent Vander Waal, president and chief operating officer, ITA Group Inc.
- Sean Vicente, office managing partner, KPMG LLP.
At its June board meeting, United Way of Central Iowa also honored several board members whose term on the board has expired: Tom Ahart with Des Moines Public
Schools, Marta Codina with Wells Fargo, Claudia Henning with the Youth Justice Initiative, Ed Kenny with Life Care Services, Tom Mahoney with ITA Group, Joyce Pingel with Kum & Go, and Maria Volante with Dardis Communications. To see a complete list of board members, click here.
The Business Record’s 2019 Book of Lists ranked United Way as one of the most influential boards in Central Iowa.
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MEMBERSHIP EXCLUSIVE CONTENT
A Closer Look: Dr. Rebecca Lundquist
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Two years ago, Dr. Rebecca Lundquist stepped down as director of outpatient psychiatry at the University of Massachusetts so she could focus more of her time on training newly minted physicians in the Boston area to be psychiatrists. Lundquist, who has 25 years of medical education experience paired with her work as an outpatient psychiatrist, was hired in February by Broadlawns Medical Center and UnityPoint Health to lead the jointly administered psychiatry residency program that was launched last year. Read more
MORE INSIDER CONTENT: See all Business Record Insider content and become an Insider.
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NEWS BRIEFS
Hawkeye Hotels expands portfolio with Pittsburgh acquisition
Corridor Business Journal: Coralville-based Hawkeye Hotels has closed on the acquisition of a Hampton Inn & Suites by Hilton near Pittsburgh, in a move that expands its footprint in the northeastern United States. Hawkeye Hotels is also developing a 150-room Holiday Inn in Erie, Pa., which is under construction and expected to open in 2020.
Pound plunges as Johnson’s bid to suspend Parliament raises no-deal Brexit fears
MarketWatch: The pound plummeted today as British Prime Minister Boris Johnson set out plans to suspend Parliament, slashing Parliament members’ hopes of blocking a no-deal Brexit. The move would see Parliament suspended for five weeks before returning on Oct. 14 — less than three weeks before Britain’s scheduled departure from the EU on Oct. 31. Sterling plunged 0.7% to $1.2201 and was the world’s worst-performing currency this morning. See also: Can he really do that? (Spoiler: Yes, probably.)
Today’s extra briefs:
- Facebook tightens rules on verifying political advertisers (New York Times)
- Costco limits shoppers in first China store after opening-day
crowd fiasco (Reuters)
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ONE GOOD READ
Self-driving cars get test in rain BY PERRY BEEMAN: Waymo is testing its self-driving cars in Florida’s substantial rain, engadget reports. The
Chrysler Pacificas and Jaguar I-Paces will have their cameras, radar and other guidance systems checked. "Heavy rain can create a lot of noise for our sensors. Wet roads also may result in other road users behaving differently. Testing allows us to understand the unique driving conditions, and get a better handle on how rain affects our own vehicle movements, too," wrote Waymo in a blog post. The tests will be in a closed course in Naples before humans ride in them during test runs on public roads in Miami.
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That's Entertainment! But Not a Deduction.
JOE KRISTAN, EIDE BAILLY
CPA, PARTNER
It’s the fourth quarter. Your team is down five touchdowns on the way to their fourth straight loss. It’s 35 degrees and raining. You aren’t having any fun. But…but you are being entertained. That’s what the tax law says, anyway. And if you are being entertained, forget the tax deduction.
FULL ARTICLE
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KCCI TOP STORIES
City to fill 180 miles of gaps in Des Moines' sidewalk system
Work is underway in Des Moines on a project to fill nearly 200 miles of gaps in the city sidewalk system. The 20-year project will fill in 180 miles' worth of gaps across the city, with a focus on bus stops and schools. For some, streets without sidewalks make daily travel dangerous. The plan is to have sidewalks on at least one side of the neighborhood streets that really need them. The project will cost around $60 million over two decades. Read more
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Today:
Abundant sunshine. High 79. Winds WNW at 10 to 20 mph.
Tonight:
Clear to partly cloudy. Low 61. Winds SSW at 5 to 10 mph.
Get the latest KCCI weather.
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MOBILE SPEED UNIT LOCATIONSToday:
4200 block of South Union Street
5900 block of University Avenue
3900 block of Sixth Avenue
Tomorrow:
2800 block of Southeast 22nd Street
300 block of 37th Street
1400 block of 19th Street
See the full week's listing on the Des Moines Police Department's Facebook page.
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BUSINESS RECORD IOWA INDEXThe Iowa Index is an unweighted average of all 21 Iowa-based public companies. Below is a live look at those 21, plus 15 additional companies with large operations in Iowa.
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