Forty under 40
by Linda Kennedy and Sarah Ryther Francom
03 February 2009—
Utah’s business community is rich
with a youthful and energetic workforce. This year’s lineup is an
assemblage of serial entrepreneurs, technology innovators and finance
gurus—each bringing something unique to Utah’s dynamic business
community. For some, the path to success was paved with bumps along the
way. For others, it seems success was written in the stars. One thing
that our Forty under 40 prove is that the sky’s the limit when you work
hard and are determined to succeed. Join us as we honor the business
leaders of today and legends of tomorrow.
By Sarah Ryther-Francom and Linda T. Kennedy
Photo Location Courtesy The Summit Group
Dave Chase | Chief Financial Officer, Provo Craft | Age: 37
“100 percent of the shots you don’t take, don’t go in.” —Wayne Gretzky
Often referred to as a bridge between
the executive and non-executive at Provo Craft, co-workers say Dave
Chase doesn’t color within the lines of his job description. “A
philosophy Dave likes to apply to business and life is that of
diversity in all things,” says nominator Alex Koritz. “He encourages
trying new things.”
In addition to being assigned a customer account that he services
regularly, Chase fathered the idea for an upcoming product after being
inspired by an automated tape dispenser at a tradeshow. Chase’s
explorations extend to the Congo where he contributes his time and
talents to Trifie Humanitarian, a non-profit organization that helps
job development in impoverished areas.
Robert Vandenberg | President, Lingotek | Age: 37 | “One good thing about music, when it hits - you feel no pain.” —Bob Marley
As company after company closed up
shop during the dot-com bust, Robert Vandenberg managed his software
company to profitability—an undertaking he describes as one of his
biggest challenges and successes.
Today, Vandenberg serves as president of Lingotek and has positioned
the company to soar. “Start-ups are awesome,” he says. “Being able to
dream up new uses for technology, work with talented engineers to build
the dream, pitch the dream, sell the dream and see the technology in
use.”
A self-proclaimed “momma’s boy,” Vandenberg says what keeps his
entrepreneurial spirit healthy are the simplicities of life. “I
appreciate each day and want to make the most of each of them.”
David R. Parkinson | Partner,
Holme Roberts & Owen, LLP | Age:
38 | “Out of clutter, find Simplicity. From discord, find Harmony.
In the middle of difficulty lies Opportunity.” —Albert Einstein
David Parkinson has a growing
reputation as being one of Utah’s top young attorneys, responsible for
multiple matters involving hundreds of millions of dollars. “I thrive
on opportunities to bring people with similar visions together to
resolve differences and to reach resolutions to difficult problems,” he
says.
Outside of the courtroom, Parkinson says he’s most passionate about his
family and his work as president of the Cystic Fibrosis
Foundation-Utah/Idaho Chapter. “My work with the Cystic Fibrosis
Foundation allows me to go on offense against CF by raising money to
fund research that will eventually put an end to this tragic disease.
In both my law practice and my work with the Cystic Fibrosis
Foundation, I relish my role in guiding, protecting and advocating for
those I serve.”
Drew Peterson | President and CEO, Veracity Communications | Age: 38 | “The cream always rises to the top.”
Since Drew Peterson became president
and CEO of Veracity Communications in 2006, the company experienced
more than 200 percent growth and he attributes that growth to the fact
that the company considers its customers neighbors and friends.
He adds that what he enjoys most about his work are the company’s great
employees. “We spend most of our life at work and I am fortunate to
have great people I get to associate with at Veracity which have
created long lasting friendships.”
His biggest challenge is not spending every waking moment at work. “It
is easy to spend 24 hours a day on work, but what I have found is
you’ve got to balance personal life with work.” So, when he’s not
leading the company to success, you can catch Peterson boating with his
family on Lake Powell.
Carin L. Maurer | CFO/Vice President, Family First Federal Credit Union | Age: 39
“I find the great thing in this world is not so much where we stand as in what direction we are moving” —Oliver Wendell Holmes
As CFO of Family First Federal Credit
Union, Carin L. Maurer admits that the nation’s economic turmoil has
been a challenge, but she says that it’s a challenge she’s facing head
on. What keeps her smiling on the job, even under such strenuous times,
is her desire to make a difference in people’s lives. “I want to make
sure our employees and members know that we will be here for them in
each stage of their life.”
And when times get tough, Maurer says she looks to her mother, Carol
Gaskill. “She showed me how to balance a career and a family. She
worked 40 or more hours a week, volunteered in the community and still
never missed one of my school functions. She showed me the value
of education and the power of determination.”
Darren Jensen | International
President, Agel Enterprises Age: 39 | “The heights by great men reached
and kept, were not obtained by sudden flight. But they, while their
companions slept, were toiling upward in the night.” —Henry Wadsworth
Longfellow
Darren Jensen has fulfilled high
profile positions in some of the largest and most successful direct
selling companies in the world, yet not without a cost. “One day as I
sat in yet another board meeting, I finally realized that I was unhappy
because I had become a workaholic,” says Jensen. “From that moment
forward I resolved to balance my life.”
Even though Jensen says achieving balance is still a challenge, he’s
found more balance in his current roles from managing Agel’s operations
in 50 countries to being a volunteer firefighter for Salem City to
serving on the board of the Agel Cares Foundation. “Changing people’s
lives for the better, that is truly what gets me out of bed each
morning.”
David Utrilla | President, U.S. Translation Company
Age: 38 | “With courage you will dare
to take risks, have the strength to be compassionate, and the wisdom to
be humble. Courage is the foundation of integrity.” —Keshavan Nair
Born and raised in Peru, David
Utrilla took one of his biggest challenges—learning English—and turned
it into a true success story when he founded U.S. Translation Company
in 1995. “When I first came to the United States, I spoke very little
English. I knew that the only way to be successful here in this country
was to speak the language well,” he says. “Despite very discouraging
remarks made to me, I still kept my dream of being a successful
business person in the United States.”
Today, Utrilla and his company have received numerous accolades. And
even in today’s rough economic times, he anticipates the company to
grow five times its current size during the next five years.
Juliana Freire | Associate Professor, University of Utah;
Co-Founder and Chief Technical Officer, VisTrails, Inc. | Age: 37
“Inspiration exists, but it has to find us working.” —Pablo Picasso
At age 14, Juliana Freire was
teaching English in Brazil, so it’s no wonder that academia is an
important part of her life. She has since created and led new degree
tracks at the University of Utah’s School of Computing, and is
spearheading new initiatives targeted at increasing the enrollment and
retention of women in computer science degrees. Add obtaining four
patents and starting a company that is developing technology to
capture, explore and maintain provenance for computational tasks and
you can say Freire has a bit to juggle.
“I have met several challenges in my life, and my approach to dealing
with challenges is to not make a big deal out of them,” she says. “I
just do my best.”
Cory R. Moore | Vice President, Big-D Construction
Age: 31 | “Action is the true measure of intelligence.” —Napoleon Hill
Cory Moore says he enjoys building
structures from the ground up, literally. “I thrive on the idea of
creation—of raising a building from a sketched idea on a napkin to a
structure customers can be proud of,” he says. “In construction, we are
literally able to see, feel and touch the fruits of our labors.”
Moore attributes his success to the “amazingly talented people and
partners at Big-D. Together, we have developed and implemented a
marketing plan that has increased company growth by more than 200
percent in the last five years.”
Beyond his work and family, Moore spends much of his time helping the
community—his list of volunteer work extends from the National Kidney
Foundation to the National Association for Shaken Babies and the
America West Heritage Center.
Brandon Mackay | President/Chief Executive Officer, SnugZ USA | Age: 33
“If you can dream it, you can do it.” —Walt Disney
Brandon Mackay doesn’t count stress
as a hazard, as a matter of fact, he says he actually enjoys that
aspect of his work. “I love it, and I operate best with a little
chaos,” he says. Maybe that’s why he initially set his sights on
becoming a firefighter and paramedic, until he discovered a passion for
SnugZ and eventually stepped up to lead the company after his boss,
died unexpectedly.
Now, MacKay still serves in industry and community roles with
memberships on various boards including the Utah Chapter Trust for
Public Land, and is the youngest board member on the Promotional
Products Association International.
David R. Werner | President/CEO, vLender.Com | Age: 39
“Life is like a flavor. Too much salt
and it tastes bitter, too much sugar and it can make you sick. You have
to have just the right balance to make it good.” —David Werner
Though he has more than 15 years in
the real estate and mortgage industry, David Werner brings more than
experience to the table at vLender.com—he brings passion. “Every new
day is a new opportunity to make something happen,” he says. “It is
very rewarding to know that reaching a goal is just a matter of setting
it, then allowing yourself to believe that you can obtain it, then
creating a plan to do it.
His passion has led vLender.com to success; the company has transacted
more than 60 billion online loan productions and has a network of more
than 2,500 mortgage companies.
“Anyone can be successful in business, he says. “Stick to correct and
sound principals and the hard lessons you learn will make you a better
person and leader.”
Mike Sumsion | President & CEO, iTransact, Inc. | Age: 38
“The customer is always right. Some of the time.”
While the bubble burst for many
Internet-based companies in 2001, Mike Sumsion worked to keep iTransact
moving ahead—even though it meant drastically changing the company. “In
2002, iTransact essentially had to start over,” he says. “With the help
of great people around me, iTransact was able to diversify into
providing services to all types of business owners.”
Today, the company has proven its success, and Sumsion credits his
employees. “We have been very fortunate over the years to have been
able to hire some wonderful people, most of whom are family and friends
of family. The few that didn’t fit into either category at the time
they were hired quickly became family.”
Donna Lifsey Foster |
Co-Owner/Partner, FUEL Marketing Age: 38 | “Never fight a man exceptin’
you have a weapon handy—like a crow-bar or a gun-rifle or a
harrow-tooth…” —My Great Grandmother, Aunt Becky, Louisville Courier
For Donna Lifsey Foster, diamonds are
not only a girl’s best friend but also a reminder to her that hard work
pays off. After more than 20 years since purchasing diamond earrings as
her first “big” credit purchase after getting her first job, Foster
says she still wears them almost every day to remind her of how at such
an early age, she was able to pay for her earrings with her own
hard-earned money.
Those days might have included the day she left her radio career as a
sales manager to help kick-start FUEL marketing, the day she secured
the agency’s first client and the days she works with clients, vendors
and employees helping the company maintain annual billings of $6
million.
Aaron Y. Peterson | Executive VP of Sales – Satellite Offices & Owner, Prosper, Inc. | Age: 33
“I would rather wake up in the middle of nowhere than in any city in the world” —Steve McQueen
Aaron Y. Peterson learned to work
from sunrise to sunset while growing up on a farm in Idaho. And he’s
applied that work ethic to every aspect of his life, knowing that a
challenge can be defeated with a little hard work. “I think any
challenge can be made into a great opportunity to learn and grow.”
As EVP of Prosper, Inc., Peterson raised the company’s revenue from
$25,000 to $1.5 million in less than 5 years. In the same time frame,
he grew the company’s staff from 15 sales representatives to nearly
200. “Aaron strives to provide a clear direction and vision…he has a
track record of solid results,” says Jason Russell of Prosper.
When Peterson’s not working or spending time with his family, you’ll
find him casting a line on one of the state’s pristine rivers.
H. Eric Smith | First Vice President, CB Richard Ellis (CBRE) | Age: 37 | “Do It.” —Spencer W. Kimball
H. Eric Smith says that one of the
best parts of his job is knowing that he’s had a hand in helping
companies like Six Continents Hotels and Mozy secure their landing spot
along the Wasatch Front. “I enjoy working with clients to improve their
business by helping them achieve value through making good real estate
decisions,” he says.
Smith says that he’s always followed a customer-comes-first philosophy,
even during his first job shining shoes. “I would pick up shoes from
businessmen in my neighborhood, shine the shoes at my home and then
return the shoes to them later that day… I shined over 500 pairs of
shoes.”
Smith’s co-workers agree that he’s got what it takes to make clients
happy. “Eric has achieved tremendous success professionally and is
highly respected as one of the top professionals within the real estate
sector,” says Mark Bourchard, senior managing director of CBRE.
Matt Aaron | Chief Financial Officer/Vice President of Globalization, ACULIS, Inc. | Age: 34
Aside from starting a software
development company that supplies internationalization and localization
services, Aaron is at work in happenstance, not just behind the ACULIS
desk. “It wasn’t until a recent trip through Europe that the G11N
imperative hit a humorous note,” he says about an experience he had on
a Denmark-bound train. “When some Americans tried to exit the train
without their pack, a German man stopped them, exclaiming something
about a body bag. The wary Americans moved quickly around him. I tried
to explain that he meant only to warn them about leaving their pack
behind; that some German knapsack manufacturers had started calling
their products body bags!”
Aaron calls this a non-work related experience in localization, which
is addressing regional nuances to prevent contextual misunderstandings.
Allan Hwang | Chief Marketing Officer,
1-800 CONTACTS | Age: 38
Amid an extensive list of descriptive
accomplishments on Allan Hwang’s resume is a to-the-point business
philosophy: create sound vision strategies that are carefully and
thoroughly designed, developed and tested before launched; take
responsibility for what you do; and motivate from a place of respect
not fear.
Adhering to this philosophy is probably what led Hwang to accomplish a
number of industry firsts, such as leading a team to develop new
consumer products and product demonstration programs, including a
program utilizing lifestyle insights targeting young adults. Besides
the visibility he’s brought to 1-800 CONTACTS, Hwang launched
comm-unity initiatives that have raised thousands of dollars for
organizations such as Friends for Sight and the Steve Young Forever
Young Foundation.
David Entwistle | Chief Executive
Officer, University of Utah Hospitals and Clinics | Age: 40 | “You can
get anywhere you want in this life if you help enough other people
achieve what they are striving for.”
It’s not surprising that the last
book David Entwistle read was “Critical,” a look at what America can do
about the health care crisis. As a leader in a center that treats
approximately 723,000 patients a year (impatient and outpatient), the
challenges facing health care are always on his mind.
But Entwistle says that even then, the industry’s purpose to help
people overcome illness and relieve suffering motivates him to reach
his goals. “Through a great management team and a group of dedicated
staff and physicians, we are able to create daily miracles for our
patients.”
Hayden Thomas Hartland |
President/Chief Executive Officer, Spearstone, LLC | Age: 39 | “Actions
speak louder than words, but not nearly as often.” —Mark Twain
Hayden Hartland’s stance to succeed
is evident in every sector of his life. “I truly believe that
overcoming disappointing news and facing failure with faith and a
tenacious expectant attitude is critical to overcoming most of life’s
challenges,” says Hartland, who was told he and his wife could not have
children early on in their marriage.
Twenty years and five kids later, Hartland defied the odds on the home
front and battlefield, becoming a decorated Navy officer for his
service in the Arabian Gulf during Operation Desert Storm. Now you
could say Hartland is fighting a war on information theft, leading a
team to develop software that extends data protection beyond back up to
locating lost or stolen computers and smartphones and remotely
disabling them.
Jacob C. Heugly | Senior Vice President/Manager of Sales and Marketing, Treasury Management, Zions Bank | Age: 31
“The best executive is the one who
has sense enough to pick good men to do what he wants done, and
self-restraint to keep from meddling with them while they do it.”
—Theodore Roosevelt
When Zions Bank President Scott
Anderson has a challenge, he calls in his “green berets,” a name he
gave Heugly’s team after Heugly chose the color green to brand his
department. Anderson noticed how swiftly Heugly could assemble and
deploy his 70-member workforce when given a goal. And Heugly’s
department not only consolidated six departments within the bank, but
changed Zions’ culture and the way the bank offers non-lending services
to its clients.
“A year after becoming the department head, his team increased
treasury management sales 32 percent over the prior year in an industry
where this type of growth is unheard of,” says Anderson. Today, Heugly
is the youngest senior vice president in the bank’s history.
Brad Plowman | Co-owner, Partner, FUEL Marketing
Age: 38 | “Attitude determines altitude.”
Brad Plowman says that one of the
biggest life lessons he’s learned is to keep business and personal
relationships separate. After devoting his career to a friend’s
business endeavor, Plowman discovered that he, alone, was responsible
for his success.
Today, he is co-partner of FUEL Marketing—one of Utah’s fastest growing
companies. And what he enjoys most about his role is being responsible
for the company’s success—and its failures. “The outcome of business is
a direct reflection of the effort I exude, the people I hire and the
example I provide. I cannot blame others if things do not turn out as
planned.”
And his employees agree. “The staff works hard not only because we want
to make the agency an even greater success, but because we see Brad
work hard every day,” says Jasmine Pourpak of Fuel Marketing.
Chris Finken | Executive Vice President of Research & Development/Co-founder, OrangeSoda, Inc. | Age: 28
“Be ye doers of word and not hearers only…” James 1:22
Chris Finken says learning how to
work with different personalities, skills and management styles has
been challenging, but is his constant pursuit. “I think people in
general assume they are right and that’s usually what causes most of
the issues that can become bigger problems in life and in business,”
says Finken, who works with all the departments of OrangeSoda. “As
we’ve grown, it’s been a great experience to learn more about how we
all work as a team to make OrangeSoda better.”
So what’s his favorite diversion from the day’s stresses? “Crown
Burger, JCW’s, Astro Burger, Burger Supreme or Apollo
Burger.” Chris: What kind of soda do you drink with all of that?
Andrew K. Smith | President, AxisPointe, Inc. | Age: 33
“The best way to predict the future is to create it”
Andrew Smith says that anyone can be
an entrepreneur—and he’s dedicated to helping others’ businesses take
flight. “I am very intrigued by the amount of people that have
wonderful ideas but not the first clue as to how to get them off the
ground. I have dedicated myself to providing advice, consulting,
financial direction and hands-on experience to many start-up ventures.”
AxisPointe has experienced year-over-year growth since 2004, but Smith
admits 2008 has been a little rocky. He says the key to getting through
hard times is to follow the advice of those who’ve been through ups and
downs before. “I feel like I overcame the challenge by searching for
other solutions by talking to others I respected and loved. Everyone
needs a ‘reset’ every once in a while to put things into perspective.”
Greg Ellis | Entrepreneur, Sharp English/Carefit | Age: 37
“The greatest undeveloped territory in the world lies under your hat.”
Greg Ellis says he always knew he
wanted to be his own boss. Today, his resume of entrepreneurialism and
accomplishments is lengthy—he has started multiple companies, served as
an advisor to Governor Jon Huntsman, received innovation awards, taught
at Beijing University and has offices extending from Utah to Tokyo to
Dubai.
Ellis says what keeps him motivated day after day is knowing that he’s
paving his own path. “We are all in our own future’s past,” he says.
“The things I get to do today influence the future of those I work
with, those I serve, and influence where I can be in 10 years.”
He advises others to move beyond their weaknesses to discover their
strengths. “I was born with a speech impediment, but with the help of a
great speech therapist and many years of practice, I made speaking a
strength.”
Matthew Schneck | President/COO, Simplicity Group
Age: 38 | “There is always a way…if you’re committed.”
An avid entrepreneur, Matthew Schneck
says what he enjoys most is helping other entrepreneurs get their ideas
off the ground. “I love working with young, energetic business owners
and helping them make the most of their ideas.”
Schneck says that one of his strengths is respecting differences in
others. “One of the toughest challenges was as a young man, I was
beaten and ridiculed because of my beliefs and what I would and would
not do. [That experience] taught me incredible lessons in accepting
others regardless of their backgrounds and beliefs.”
He credits his family for seeing him through life’s ups and downs.
“Staying motivated is easy when you have a family that loves you and
you realize that the end goal provides opportunity to experience and
share what life has to offer.”
Sam Peterson | Senior Vice President of Technology, Overstock.com | Age: 33 | “Do or do not. There is no try.” —Yoda
Sam Peterson says that finding a
work/life balance is key to happiness—and success. “My biggest
challenge has been finding balance in my life. This last year I’ve
really focused on balance and I can easily say 2008 has been the
happiest year of my life.” But you won’t find him relaxing with his
feet up—when he’s not working, he’s training for the Ironman marathon.
And while most people dread going to work each day, Peterson says he
loves every minute of his time on the clock. “I have my dream job. I
spend my days solving tough technical problems,” he says, adding that
his role model is his father. “He has taught me more about life and
business than I think I can ever absorb. The greatest thing he taught
me though was that happiness is a state of mind.”
John R. E. Redd | Financial Advisor, AAMS , Edward Jones
Age: 38 | “Popcorn is a cheap form of entertainment.”
John R. E. Redd says that what keeps
him smiling during the nine-to-five grind is the fact that he’s helping
people reach financial freedom. “I love helping people. I know that
what I do makes a difference in their lives.”
According to Lane Beattie, president of the Salt Lake Chamber, what
makes Redd unique among financial advisors is his “never guess”
philosophy. “John takes the time to know and understand his clients
before he makes recommendations…Above all else, he always tempers his
advise against a gut check: would I invest my money in this?”
Beyond leading the Edward Jones’ Salt Lake branch, Redd stays committed
to building Utah’s business community. He is a member of the Salt Lake
Chamber and has served on several committees and boards. He now serves
on the Board of Governors.
Jason Mathis | Executive Director, Downtown Alliance
Age: 37 | “When a person really
desires something, all the universe conspires to help that person to
realize his dream.” —Paulo Coelho
It’s one thing to enjoy your job, but
it’s another thing to have real passion for it. Jason Mathis says
that’s just how he feels about his position as executive director of
Downtown Alliance. “I am lucky to live in a community that I love, and
feel very grateful that I get paid to promote it to the world.”
He brings that spirit of passion and devotion to Salt Lake City in to
his personal life as well. “My wife and I have committed to raising our
family near the city center. A passionate advocate for Salt Lake,
I have a broad vision for our community. This vision includes
landmark events and attractions that define Salt Lake City as Utah’s
capital and the headquarters of a world religion.”
“Jason is a leader who brings people together,” says Tom Vitelli of
Intermountain Healthcare. “He is frank, interested in others, an
excellent listener and can bring people to agreement,” says Tom Vitelli
of Intermountain Healthcare.
Zach Anderson | Principal, NAI Utah Commercial Real Estate, Inc. | Age: 38 | “If you don’t do it, someone else will.”
Suffering from dyslexia as a child,
Zach Anderson says he had to be creative in school to keep up with
everyone else. “It showed me I could do anything I set my mind to.” He
set his mind to being the top producer in a real estate firm and in 10
years he’s handled more than $500 million in sale and lease
transactions for NAI, including some of the state’s most recognized
distribution centers in Utah.
Anderson says people don’t realize that industrial real estate is still
an active market in Utah, carrying the commercial real estate industry
through it’s tough times. “You have to not only know where you want to
be, but the path that’s going to get you there.”
Nathan Gardner | Chief Executive Officer, Costa Vida
Age: 32 | “As we are liberated from our own fear, our presence automatically liberates others.” —Marianne Williamson
Follow Nathan Gardner around for a
while and you might learn the secret to his success: don’t leave the
room without shaking everyone’s hand. “I am a firm believer in the
intrinsic value of every living soul,” he says, adding that he can
credit his parents for giving him a real-world perspective through
optimistic lens.
The perspective probably served the company well when early in its
growth, it faced a competitor’s lawsuit. Gardener says, though, fiscal
discipline established systems they’re still using now and helped Costa
Vida grow from three to 20 stores in two years. “As a big cheerleader,
I get great fulfillment seeing individuals change their mindset and
take steps to be more committed to greatness.”
Mike Herring | Chief Financial Officer, Omniture | Age: 40
“Calm must prevail” —Ward Herring
Although many people feel anxious
about today’s rocky financial industry, you can’t count Mike Herring as
one of them. He says he’s constantly remembering his father’s
mantra—calm must prevail—written on his office white board.
As a matter of fact, Herring says working in a challenging market
environment is what he enjoys most about his position. He considers
helping small technology companies successfully grow in chaotic up and
down markets among his biggest accomplishments, including taking
Omniture from a $20 million business to a $300 million company with
more than 1,200 employees in less than four years, and from a private
company to a public company in 2006.
Seth Bailey | Vice President, Consumer Division,
DirectPointe | Age: 32
“It is never too late to be what you might have been.” —George Elliot
Since Seth Bailey was 17, he’s
created lists of things to accomplish by his 25th and 35th birthdays.
But when he founded his company iTOK, he didn’t plan on inventing the
“kabath” for his office space that worked as an apartment too. “There
just happened to be a shower head attached to the kitchen sink,” he
says. “That meant one of us could take our shower while the other made
his toast in the morning.”
Four years later, DirectPointe acquired iTOK, which now has a customer
base in all 50 states and multiple countries, with tripling revenues.
Today, on his second list of what to accomplish by age 35, Bailey helps
other entrepreneurs navigate through their strategic business
decisions.
Kate Maloney | Chief Executive Officer, Costume Craze, LLC Age: 27 | “If you can’t beat them, join them.”
What does the nation’s health care
crisis and Halloween costumes have in common? Kate Malony. First, she
started one of Utah’s fastest growing companies which pays 100 percent
of it’s employee’s and families health care premiums. On top of that,
she has submitted her “Double Tax Benefit Plan” to the federal
government in hopes it will help employers provide health care benefits
to their employees.
If she used the same approach in starting her business, she might
succeed. “I said to the loan officer, ‘we don’t want a loan right
now. We just want to start a relationship with you so you can get to
know us, and we can get to know you,’” she says. “The next thing we
knew, we were being offered $100,000.”
Spencer Ferguson | Founder/President,
Wasatch Software Age: 29 | “All you need in this life is ignorance and
confidence, and then success is sure.” —Mark Twain
A self-taught success story, Spencer
Fergusen didn’t know Web design, search engine optimization or business
finance when he started home-based Wasatch Software company six years
ago. But sticking to his belief that he could accomplish what he put
his mind to, Wasatch Software is now a multi-million dollar supplier of
information technology products and services to more than 2,000
organizations nationwide.
Now, Fergusen says even though he had to learn every aspect required to
start his company, he looks forward to relying on his team member’s
expertise to continue the company’s growth. “I love working with
people!” says Fergusen. “I enjoy interacting with customers, employees,
colleagues and vendors on a daily basis.”
Leslie Morton | Vice
President/Regional Office Manager, Psomas | Age: 39 | “Life is like a
box of chocolates…you never know what you’re going to get”
From the South Towne Exposition
Center to the Collina Tinta, Leslie Morton, regional manager of Psomas,
has helped build Utah from the ground up. One of her most challenging
projects was the Utah Olympic Oval. “The Olympics were coming in
February 2002 whether we were finished or not,” she recalls. “My team
and I spent many late nights working out our designs, and we delivered
a timely, quality product that helped achieve a successful Olympics.”
Morton says that what she enjoys most about her job is the diversity
she experiences. “I not only manage a region of 50 great people, but I
get to be involved with great development projects occurring throughout
the state of Utah. Each day is unique, each project is unique and each
person I come in contact with is unique.”
Jeremy D. Hafen | Vice President of Administration, Clyde Companies, Inc. | Age: 34 | “Knowledge is Power.” —Sir Francis Bacon
Jeremy Hafen enjoys the personal
satisfaction of taking on a project and seeing the results when it’s
successfully completed. And he’s had some practice at it. In four years
with Clyde Companies, Inc., he’s directed the planning, design and
construction of the company’s new corporate headquarters; negotiated
and managed $100 million in business and real estate acquisitions; and
launched a learning management system known as clydeinstitute.com; and
started the company’s aviation division. That’s coming a ways since
mowing lawns as a teen. “In a company run by primarily older men,
Jeremy is seen as the icon of the younger generation,” says Jake White,
director of learning and development at Clyde Companies. “He represents
change in the very best sense of the word.”
Sean Michael Slatter | CEO, Logistic
Specialties, Inc. (LSI), Shipley Associates | Age: 39 | “If you advance
confidently in the direction of your dreams, and endeavor to live the
life which you have imagined, you will meet with a success unexpected
in common hours.” —Henry David Thoreau
While most top CEOs say hard work,
endurance and an MBA led to their success, Sean Michael Slatter says he
learned what it takes to lead a company while working as an EMT during
his college years. “I have often reflected as to how much it prepared
me for my future as the CEO of my company,” he says. “I learned how to
listen, quickly assess a problem, build strategies and plans, work in a
team and remain calm during a crisis.”
Since joining LSI in 1992, the company has grown to more than 800
employees with 25 locations around the world. The company has also had
many notable acquisitions, including Kendall & Associates (K&A)
in 2003; Aerospace Support Technologies (AST) in 2004; Howe Associates
and Eagle Aerospace in 2005; and Shipley Associates in 2006.
Teegan Clark | President, Nexeo LLC | Age: 33 | “Whether you believe you can do a thing or not, you are right.” —Henry Ford
Teegan Clark probably doesn’t see
himself in the same combative role that his grandfather and role model,
Burt MacIntyre, had during World War II when he invented the “Belly
Turret,” protecting allies from being shot down by German planes. But,
he can definitely connect to it.
Clark invented Nexeo six years ago when his engineering firm, Paradigm
Solutions, needed to solve staffing problems; Nexeo became a viable
second business as an HR company. “Very often we stand between a client
and a $40 million lawsuit when it comes to hiring-related risk,” says
Clark, whose firm provides staffing for IS, IT and engineering firms,
and helps companies troubleshoot their vulnerable spots associated with
worker’s compensation and other employee-related issues.
Stuart Farmer | Founder/President,
Open Air Cinema LLC | Age: 29 | “Happiness is eating good food with good friends.” —Epicurious
It’s not common to find someone who,
with an iPhone in hand, can show you how his or her work is educating
people in countries such as Uganda. But pull up a seat next to Stuart
Farmer and you will see photos of tribes watching films on one of his
company’s huge, inflatable outdoor cinema screens. In his other hand
might be one of his favorite Winston Churchill biographies. “His
tirelessness lifted an entire nation during its darkest times,” says
Farmer of Churchill.
Now, Farmer’s company is creating a worldwide impact with the first
major outdoor cinema donation to UN refugee camps and is the world’s
largest supplier of outdoor cinema equipment. “A lot of countries have
no voice because they have no film industry,” says Farmer.
Luke Sorenson | Managing Director,
Sorenson Capital Partners | Age: 34 | “It’s amazing what you can get
done when you don’t care who gets the credit.”
If one word could sum up Luke
Sorenson’s position as managing director of Sorenson Capital Partners,
he would say it’s “exciting!”
“We get to work with companies and management teams in all kinds of
industries that are true leaders in their markets. We’re able to make
an impact in those businesses and by the work that we do. And, we’re
able to add a lot of value to our investors, communities and employees
when we do well. Who wouldn’t be excited for that?” he says. “I also
cannot overemphasize the motivating effect of working with a great
team. When you’re part of a great team, the successes are sweeter and
the tough times are more manageable.”
Sorenson says that anyone looking for a new endeavor should simply go
for it. “The key for me has been to just dive in and have the belief
that I could add value and be successful.”