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Cory Nettles

BizTimes Staff
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Cory Nettles

Founder and managing director
Generation Growth Capital  |  Milwaukee

Cory Nettles is founder and managing director of Generation Growth Capital Inc., a Milwaukee-based private equity fund focused on buyouts and providing growth capital to small businesses and lower-middle market companies in the upper Midwest. In his role, he oversees all fund strategy, marketing, transaction execution and portfolio management activity.

Prior to founding GGC in 2007, Nettles was a partner with Quarles & Brady LLP and served as secretary for the Wisconsin Department of Commerce under former Gov. Jim Doyle. Outside of his role with GGC, Nettles has been involved in several key business deals in the state. When former Sen. Herb Kohl sold the Milwaukee Bucks to an ownership group from New York, Nettles helped assemble a group of five local African American families to invest in the team. He also played an influential role in garnering local and statewide support for the $500 million Fiserv Forum project.

Nettles currently serves on the boards of Weyco Group Inc., Robert W. Baird’s Baird Funds Inc., the Greater Milwaukee Foundation and Associated Bank. He is also board chair of Royal Capital Group and Black Arts MKE, which hosts the Milwaukee Black Theater Festival. He previously chaired the board of Lawrence University, his alma mater, from 2021 to 2024.

He and his wife, Michelle Nettles (chief people and culture officer at ManpowerGroup), are supporters of K-12 education in Milwaukee, especially the Dr. Howard Fuller Collegiate Academy Charter School in Milwaukee.

Education: Bachelor’s, Lawrence University; J.D., University of Wisconsin-Madison
Law School

2022 Wisconsin 275 Profile

Banking and Finance
Founder and managing director 
Generation Growth Capital |  Milwaukee

Cory Nettles is managing director of Generation Growth Capital, a private equity fund focused on buyouts and providing growth capital to small businesses and lower-middle market companies in the upper Midwest. He founded the company in 2007.

Its recent acquisitions include Michigan-based Killer Instinct Inc., Connecticut-based AutoShine of New England LLC and Indianapolis-based Harrell’s Car Wash Systems Inc.

Nettles previously was a partner with Quarles & Brady LLP and served as secretary for the Wisconsin Department of Commerce. While working as commerce secretary under former Gov. Jim Doyle, Nettles is credited with helping negotiate a $500 million venture capital package, along with banking and commercial lending legislation.

Nettles is board chair of Black Arts MKE, which hosts the Milwaukee Black Theater Festival. He and his wife, Michelle Nettles (chief people and culture officer at ManpowerGroup), this year made a $50,000 matching gift in support of Milwaukee Film. The couple has previously supported Milwaukee Film’s Black Lens initiative.

Nettles’s current board service also includes Weyco Group Inc., Robert W. Baird’s Baird Funds Inc., the Greater Milwaukee Foundation and Associated Bank. He’s recently served on the boards of the United Way of Greater Milwaukee, Boys & Girls Clubs of Greater Milwaukee, Milwaukee World Festival, Teach for America, the Medical College of Wisconsin, the University of Wisconsin Foundation, City Forward Collective Inc. and Usher’s New Look Foundation Inc.

Education: Bachelor’s, Lawrence University; J.D., University of Wisconsin-Madison Law School

Stephen Marcus

BizTimes Staff
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Stephen Marcus

Chairman
The Marcus Corp. | Milwaukee

After 60 years of working for and leading The Marcus Corp., Stephen Marcus was appointed chairman emeritus and special advisor to the company in 2023. He previously served as chairman of the board since 1991, chief executive officer from 1988 to 2009 and as president from 1988 until 2008.

Founded in 1935 by his father, Ben Marcus, today the Marcus Corp.’s movie theater division is the fourth largest in the U.S. It owns or operates 995 screens at 79 locations in 17 states. While leading the company, Stephen oversaw its expansion into the hospitality industry, playing an influential role in the acquisition of The Pfister Hotel and the Milwaukee Hilton City Center hotel and construction of the tower expansion to the Pfister.

A prominent community leader, Marcus has chaired the Greater Milwaukee Committee and co-chaired annual campaigns for the United Way of Greater Milwaukee & Waukesha County and the United Performing Arts Fund. He served as chair of Summerfest in the 1970s, helping grow the annual festival by bringing in a variety of food vendors.

In 2017, he led the launch of Sculpture Milwaukee, an annual public art display in downtown Milwaukee, in an effort to help revitalize Wisconsin Avenue.

He is also former chair of The Marcus Corp.’s philanthropic arm. The Marcus Performing Arts Center in Milwaukee is named in recognition of a naming rights contribution from The Marcus Corp. Foundation, which funded the renovation and expansion of the downtown venue. The Marcus family also donated the Warner Grand Theatre to the Milwaukee Symphony Orchestra, which is now the Bradley Symphony Center.

Education: Bachelor’s, University of Wisconsin-Madison; J.D., University of Michigan Law School

2022 Wisconsin 275 Profile

Chairman
The Marcus Corp.  |  Milwaukee

In 1962, Stephen Marcus joined the movie theater business his father, Ben Marcus, founded 27 years  earlier. Stephen went on to serve as president from 1980 to 2008 and as chief executive officer from 1988 to 2009, overseeing its growth in the movie theater and hospitality industry. He was instrumental in its acquisition of The Pfister Hotel and the Milwaukee Hilton and construction of the tower expansion to the Pfister. He was elected chairman of the board in 1991 and today continues to serve as chairman.

A civic leader, Marcus has chaired the Greater Milwaukee Committee and co-chaired annual campaigns for the United Way of Greater Milwaukee & Waukesha County and the United Performing Arts Fund. As chair of Summerfest in the 1970s, he is credited with helping grow the annual festival by bringing in a variety of food vendors.

He is also former chair of the Marcus Corp. Foundation, which has contributed to many projects and causes in the region. The Marcus Performing Arts Center in Milwaukee is named in recognition of a naming rights contribution from The Marcus Corp. Foundation more than 25 years ago, which provided funds to renovate and expand the facility. The Marcus family also previously was naming rights sponsor of the amphitheater on the Summerfest grounds.

In partnership with the University of Wisconsin-Milwaukee School of Architecture and Urban Planning, the foundation created the Marcus Prize, which is offered every two years in recognition of emerging talent in the world of architecture.

The Marcus family also donated the Warner Grand Theatre (a former Marcus theater) to the Milwaukee Symphony Orchestra, which converted the venue into the Bradley Symphony Center. In total, the Marcus Corp. Foundation has donated more than $10 million to nonprofit organizations

In 2017, Stephen Marcus spearheaded the launch of Sculpture Milwaukee, an annual public art display in downtown Milwaukee, in an effort to help revitalize Wisconsin Avenue.

Education: Bachelor’s, UW-Madison; J.D., University of Michigan Law School

Sheldon Lubar

BizTimes Staff
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Sheldon Lubar

Founder and Chairman
Lubar & Co. | Milwaukee

Sheldon Lubar is founder and chairman of Lubar & Co., a Milwaukee-based private investment and wealth management firm. He is currently a director of several public companies, including Star Gas and Hallador Energy. He’s held governmental appointments under presidents Carter, Nixon and Ford and was past president of the University of Wisconsin System Board of Regents. Lubar has made significant gifts to support higher education in Milwaukee. His $10 million gift to UW-Milwaukee in 2015 established the Lubar Center for Entrepreneurship. In 2006, he gave $10 million to support the UWM business school, now known as the Lubar College of Business. His $5.5 million gift to Marquette University Law School established the Lubar Center for Public Policy Research and Civic Education. Lubar also co-founded and served as president of the Wisconsin Policy Research Institute.

Education: Bachelor’s and J.D., University of Wisconsin-Madison

What would you like to change about Wisconsin: “Lower the cost of tuition for in-state students so that all who seek a college education can earn it without taking on huge debt.”

One decision to do over: “If I could go back and start over, I would do the same thing again. I have no regrets or thoughts that I could’ve done better.”

Favorite Wisconsin destination: “My home.”

Traits you seek for new hires: “Integrity, schooling, character, intelligence, experience and hard worker – simply put, character.”

2022 Wisconsin 275 Profile

Chairman and founder
Lubar & Co.  |  Milwaukee

Sheldon Lubar is founder and chairman of Lubar & Co., a family-owned, Milwaukee-based private investment and wealth management office. He was chairman and chief executive officer of the Christiana Companies Inc. until its merger with Weatherford International in 1999 and chairman of Total Logistics Inc. until its acquisition in 2005 by SuperValu Inc. He’s held federal governmental appointments under presidents Carter, Nixon and Ford, and was past president of the University of Wisconsin System Board of Regents. His $10 million gift to University of Wisconsin-Milwaukee established the Lubar School for Entrepreneurship, and its home, the Lubar Entrepreneurship Center. He also co-founded and served as president of the Wisconsin Policy Research Institute.

Education: Bachelor’s and J.D., UW-Madison

What was your first job and what did you learn from it? “Marine National Exchange Bank. I learned everything about banking: estate planning, lending, investing and management.”

What piece of advice has had the most significant impact on your career? “Don’t let go of one trapeze until you have a firm hand on the other.”

If you could have dinner with any two business leaders, who would you choose and why? “Warren Buffet, he is the best investor in America. David Rubenstein, he says he knows who the best investors in America are.”

What are some of your favorite destinations/places to visit? “Aspen, Colorado; Switzerland; our home in River Hills.”

What is one book you think everyone should read and why? “‘Jews, God and History,’ by Max I. Dimont. Because of the importance of understanding the broadest sector of the world’s population.”

What’s your hobby/passion? “Sports: Swimming, Skiing (formerly), mountain climbing and now reading.”

What is your favorite Wisconsin restaurant and what do you order there? “I don’t like restaurants. I prefer my wife’s cooking. Second choice, Milwaukee Country Club.”

What would people be surprised to learn about you (fun fact)? “Nothing. I am an open book that sometimes does the unexpected.”

What was your first car? “The Ford my wife drove when we were married.”

If you could take a one-year sabbatical, what would you do? “We already did it. Our family (4 children, Marianne and me) moved to Switzerland for one year and traveled the world.”

What’s the toughest business challenge you’ve had to overcome? “Financing my first acquisition.”

What advice would you give to a young professional? “1. Buy a home and with your spouse, fill it with children. 2. Always tell the truth. 3. Money is no objective. All you need is enough.”

What has been your/your company’s most significant success over the last 12 months? “All our companies are at their peak and expanding. We have great teams and we all work together and share. It is what I call Professional Ownership.”

What would make Wisconsin better: “Very low college tuition.”

As you enter your office, what would you choose to be your walk-up or theme song and why? “‘On Wisconsin’ because it is the best in most respects.”

Is there a nonprofit cause that has special meaning to you? “Education. Knowledge is the pathway to success and a better life.”

What is the biggest risk you have ever taken? “My first acquisition that I did on my own.”

Top of your bucket list: “Living past 100.”

What has you most excited about the future? “Everything.”

Ted Kellner

BizTimes Staff
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Ted Kellner

Founder
Fiduciary Management Inc. | Milwaukee

Prominent business executive and philanthropist Ted Kellner is the retired founder and portfolio manager of Fiduciary Management Inc., a Milwaukee-based investment management firm he established in 1980. The firm currently manages approximately $16.3 billion in assets. Kellner also founded and serves as chairman of Milwaukee-based Fiduciary Real Estate Development Inc.

Kellner has served on the boards of many corporate, charitable and civic organizations, including American Family Mutual Insurance Co., Park Bank, BMO Harris Bradley Center, Lakeview Equity Partners LLC, Children’s Wisconsin, Chipstone Foundation, Fund for Wisconsin Scholars, Milwaukee World Festival Inc. (past chairman), Greater Milwaukee Committee (past chairman), Medical College of Wisconsin, Metropolitan Milwaukee Association of Commerce (past chairman), University of Wisconsin Foundation and University of Wisconsin National Alumni Association.

He and his wife, Mary, are major donors to the University of Wisconsin-Madison, their shared alma mater. Portions of the campus’s two major sports venues bear the couple’s last name: Kellner Hall at Camp Randall Stadium and Kellner Club in the Kohl Center.

Kellner served as the chief executive officer of the 2024 Republican National Convention host committee, which raised $85 million for the event.

He received the Harvard Business School of Wisconsin Business Leader of the Year Award in 2016, the Woodrow Wilson Award for Public Service and Wisconsin Business Hall of Fame Distinguished Executive Award in 2011, as well as distinguished alumni awards from UW-Madison.

Education: Bachelor’s, University of Wisconsin-Madison

2022 Wisconsin 275 Profile

Founder
Fiduciary Management Inc.  |  Milwaukee

Ted Kellner is the co-founder, former chairman and former chief executive officer of Fiduciary Management Inc. in Milwaukee. He is also co-founder and executive chairman of Fiduciary Real Estate Development Inc.

Following his early career at Nicholas Co., Kellner founded Fiduciary Management in 1980. Today, FMI is one of the largest investment management firms in the Milwaukee area, with about $17 billion in assets under management.

Kellner also founded and continues to serve as executive chairman and majority shareholder of Fiduciary Real Estate Development, which owns and manages more than $750 million in multi-family residential units.

Outside of business, Kellner is perhaps equally known in the community for his civic contributions. He and his wife, Mary, are major supporters of the University of Wisconsin-Madison, their shared alma mater. The couple has given millions of dollars to the school’s athletic programs and facilities and scholarship opportunities. Portions of the campus’s two major sports venues bear the couple’s last name: Kellner Hall in Camp Randall and Kellner Club in the Kohl Center. In 2017, the couple committed $25 million toward UW-Madison’s $3.2 billion comprehensive campaign.

The couple also gave $5 million to UW-Milwaukee in support of scholarships and faculty and staff in its business, education and entrepreneurship schools.

Kellner has served on the nonprofit boards of Children’s Wisconsin, the Greater Milwaukee Committee (past chair), Medical College of Wisconsin, Metropolitan Milwaukee Association of Commerce (past chair), Milwaukee School of Engineering, Milwaukee World Festival Inc., and United Way of Greater Milwaukee and Waukesha County. He is also past chair of the University of Wisconsin Foundation, past president of the Wisconsin Alumni Association and past president of the Wisconsin School of Business Board of Visitors.

Education: Bachelor’s, UW-Madison

David Lubar

BizTimes Staff
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David Lubar

President and CEO
Lubar & Co.  |  Milwaukee

David Lubar leads Lubar & Co., a Milwaukee-based family-owned private investment firm that invests in middle-market operating companies with a focus on long-term growth. He joined the business in 1983, six years after it was founded by his father, Sheldon Lubar, and has served as lead investor to more than 20 companies in various industries and stages of development. Lubar is chairman of the Ixonia Bank board and serves on the board of the Milwaukee Brewers. He is a former director of BMO Financial Corp. and Northwestern Mutual.

Education: Bachelor’s, Bowdoin College; MBA, University of Minnesota

Definition of success: “Raising happy, confident children.”

Advice for first-time leaders: “Be curious, be bold, develop relationships with mentors, have confidence in your own judgement, and be willing to change your decisions with changes in knowledge and circumstances.”

Highlights from the past 12 months: “Management decisions and actions taken in connection with formal strategic planning processes implemented over the past several years have enabled our businesses to weather the 2024 economic slowdown with minimal impact.”

Favorite movie: “‘Casablanca.’ I am a fan of the wartime storyline as well as the memorable lines and acting of Humphrey Bogart and Ingrid Bergman.”

2022 Wisconsin 275 Profile

Banking and Finance
President and CEO
Lubar & Co.  |  Milwaukee

David Lubar leads Lubar & Co., the Milwaukee-based private investment firm his father, Sheldon Lubar, founded in 1977. David has been with the business, which invests in middle-market operating companies, since 1983. In 2021, he was named chairman of Ixonia Bancshares, the holding company for Ixonia Bank. Lubar has sat on the boards of Northwestern Mutual Life Insurance, BMO Financial Corp., Baird Funds Inc., the Milwaukee Brewers, Froedtert Health, and other nonprofit organizations.

Education: Bachelor’s, Bowdoin College; MBA, University of Minnesota

What piece of advice has had the most significant impact on your career?
“The advice was ‘Think for yourself and trust your own judgement.’ You need to gather input and advice from others, but don’t hesitate to make your own decisions.”

What are some of your favorite destinations/places to visit?
“Hanging out on the shore of Lake Michigan in Oostburg, just 40 minutes north of Milwaukee. We read, relax, play games and have outdoor fires.”

What’s your hobby/passion?
“I love to hike in the mountains with my wife and family. We enjoy the beautiful views, being out in nature and the sense of accomplishment after a long day.”

What’s the toughest business challenge you’ve had to overcome?
“I have been involved in the start-up of several businesses, beginning with writing the business plan. It is far more challenging to start a company that has no history, no employees, customers, suppliers, infrastructure, than it is to take a going concern and double or triple its revenues. I have had successes like Lake Express ferry and failures which are no longer in business. The experience of the CEO and management team is a major determinant of success.”

What advice would you give to a young professional?
“Be curious. Ask questions. Every day is a good day to learn”

What is one thing you would change about Wisconsin to make it better?
“Wisconsin does not have a statewide initiative or referendum process which, with the signed support of a sufficient number of Wisconsin citizens, would allow for a statewide vote to determine passage of a new law or repeal of an existing law.”

Is there a nonprofit cause that has special meaning to you?
“I’ve had a very longstanding relationship as a director of Froedtert Heath and more recently also with the Medical College of Wisconsin. It’s gratifying to be part of the success of both organizations which has resulted in tremendous growth in the number of skilled physicians available to provide quality care to more and more patients in our community. Additionally, MCW is educating and graduating more Wisconsin physicians than any other medical school and continually increasing the amount of groundbreaking medical research.”

What has you most excited about the future?
“Yes, the speed of change is increasing and the number and complexity of the social, economic, environmental, political issues impacting our city, state, country and world is also increasing. Rather than be overwhelmed and depressed, it is an opportunity to make the world a better place. It begins with being kind and respectful to others, and then volunteering to help a friend, a relative or a stranger.”

Nina Johnson

BizTimes Staff
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Nina Johnson

Senior vice president & Wisconsin consumer and business banking market leader
U.S. Bank  |  Milwaukee

With 40 years of banking industry experience, Nina Johnson has held several leadership roles throughout her career, ranging from computer operations and consumer lending to regulatory compliance and loss mitigation. Johnson has also served on more than 40 nonprofit boards, along with several national committees supporting the growth and modernization of low- and moderate-income geographies in the U.S. She is the executive advisor of U.S. Bank’s global Black Heritage business resource group, national chair of the bank’s political action committee board, local executive advisor of the Nosotros Latinos Milwaukee BRG and the bank’s Wisconsin Market Leader Advisory Board chair. She’s appeared on many media platforms, including WTMJ 4’s “The Morning Blend”, WITI Fox 6’s “Real Milwaukee,” as well as Milwaukee and Chicago radio programs.

Education: Bachelor’s and MBA, University of Phoenix; CBA Executive Banking School graduate, Furman University

Your secret talent: “I enjoy creating recipes and cooking, so I have a great time during the holiday season hosting family members.”

Favorite Wisconsin destination: “Our Wisconsin lakes are one of my favorite topics of discussion, especially when speaking to someone from Minnesota, because we actually have more bodies of water. Wisconsin is really the ‘Land of Lakes.’”

Definition of success: “Enjoying the role that you have been assigned for the purpose of making a positive impact at work and home.”

Traits you seek for new hires: “Is the candidate willing to be collaborative, considerate of others, open to learning new things and shift as needed?”

Franklyn Gimbel

BizTimes Staff
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Franklyn Gimbel

Founding Partner
Gimbel, Reilly, Guerin & Brown LLP | Milwaukee

Frank Gimbel started practicing law in 1960 after graduating from Marquette University Law School and soon became one of four assistant U.S. attorneys in Milwaukee. A successful trial attorney, Gimbel made a name for himself early in his career by winning a case against mob boss Frank Balistreri.

In 1968, Gimbel established Gimbel, Reilly, Guerin & Brown LLP, one of the state’s leading trial and litigation firms, and has tried 200 jury cases over his legal career. He also served as the lawyer for the Milwaukee Deputy Sheriff’s Association for over 30 years.

Gimbel was appointed to serve on the Wisconsin Center District board of directors in the 1990s by then Gov. Tommy Thompson. Gimbel was elected chairperson at its first meeting and served in that capacity until 2015. Under his guidance, the district completed the construction, renovation and financing of the Wisconsin Center (now the Baird Center), UW-Milwaukee Panther Arena and Miller High Life Theatre.

He’s also served on the board of the Greater Milwaukee Foundation, as president of the Downtown Rotary Club and as vice chairman of the Milwaukee Fire and Police Commission, among other appointments.

Gimbel was recognized with a Lifetime Achievement Award from Marquette University and a Lifetime Achievement Award from the Milwaukee Bar Association.

Education: Bachelor’s, University of Wisconsin-Madison; J.D., Marquette University

2022 Wisconsin 275 Profile

Founding partner
Gimbel, Reilly, Guerin & Brown LLP  |  Milwaukee

After serving as an assistant U.S. attorney earlier in his career, Franklyn Gimbel founded Milwaukee-based law firm Gimbel, Reilly, Guerin & Brown LLP in 1968.  Gimbel has expanded his practice over the years into civil litigation, including complex business, employment, communications and First Amendment cases.

Outside of the firm, Gimbel’s community service has been extensive. He served as chairman of the Wisconsin Center District board of directors from 1994 to 2015, a period that included construction and renovation of the Wisconsin Center, the UW-Milwaukee Panther Arena and the Miller High Life Theatre.

He is past president of the Milwaukee Bar Association, past chairman of the State Bar of Wisconsin board of governors and past president of the State Bar of Wisconsin. He received a Lifetime Achievement Award from Marquette University in 2015.

Gimbel previously served on the Greater Milwaukee Foundation board, the Greater Milwaukee Committee and Marquette Law School Advisory Board and is past president of the Downtown Rotary Club.

Education: Bachelor’s, University of Wisconsin-Madison; J.D., Marquette University Law School

First job: “Jac F. Donges Gloves, a men’s clothing store owned by my great-uncle. I learned that when you are selling services/products, it is essential to create a friendly relationship with the prospective customer.”

Biggest risk you’ve ever taken: “Leaving the U.S. Attorney’s office and opening my own law practice. Fortunately, 55 years later, it was the right thing to do!”

Valerie Daniels-Carter

BizTimes Staff
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Valerie Daniels-Carter

President and CEO
V&J Holding Companies | Milwaukee

Valerie Daniels-Carter opened a single Burger King restaurant in Milwaukee in 1982 with her brother, John Daniels, as the sole investor. Over the next 16 years, she grew her business, V&J Holding Companies, into a multi-brand, quick-service restaurant enterprise, with 132 locations in eight states employing 4,500 people. Today, V&J is the largest female-owned franchise organization and among the largest restaurant franchise companies in the country. Daniels-Carter serves on the board of the Green Bay Packers and is a minority owner of the Milwaukee Bucks. She has also served as president of Milwaukee World Festival Inc. and as chair of the Automobile Association of America.

Education: Bachelor’s, Lincoln University; master’s, Cardinal Stritch University

One decision to do over: “I would reconsider the decision to expand in one of the national brands we invested in. I learned to always research both the brand and its parent.”

What would you like to change about Wisconsin: “Wisconsin must become better at embracing diversity.”

Thing to learn this year: “How to better assist emerging leaders.”

Your sport if you could be an Olympian: “Women’s basketball.”

2022 Wisconsin 275 Profile

President and CEO
V&J Holding Companies  |  Milwaukee

Valerie Daniels-Carter and her brother, John Daniels Jr., launched Milwaukee-based V&J Foods with a single Burger King restaurant in 1982. Daniels-Carter went on to grow the company into V&J Holding Companies Inc., the largest female-owned restaurant franchise organization – and one of the largest restaurant franchise companies – in the U.S. Within 16 years, Daniels-Carter grew the company into a 137-unit, multi-brand operation. Daniels-Carter joined the Green Bay Packers board in 2011, and in 2014, she was among a small group of business leaders to purchase a minority stake in the Milwaukee Bucks. Her civic and corporate board service is extensive. She served as the chair of the AAA board of directors from 2017-19.

Education: Bachelor’s degree, Lincoln University; MBA and Doctorate of Humane Letter, Cardinal Stritch University.

First job: “Walking children to school when I was 6 years old. I learned early on that I had an entrepreneurial spirit.”

What piece of advice has had the most significant impact on your career? “Maintain a high level of integrity and respect other’s values and opinions.”

If you could have dinner with any two business leaders, who would you choose and why? “Steve Jobs and Ervin ‘Magic’ Johnson. To learn of their business acumen and their abilities to use untraditional methods to successfully reach their objectives.”

What are some of your favorite destinations/places to visit? “Dubai and Kenya.”

What is one book you think everyone should read and why? “‘Your Business is His Business’ – written by Valerie Daniels-Carter – It’s where destiny takes you.”

What’s your hobby/passion? “Love sports.”

Favorite restaurant and dish: “Five O’Clock Steakhouse, prime rib.”

What would people be surprised to learn about you (fun fact)? “That I am shy by nature.”

What was your first car? “Pontiac Ventura.”

If you could take a one-year sabbatical, what would you do? “Mission work.”

What’s the toughest business challenge you’ve had to overcome? “Instilling value of vision into others.”

What advice would you give to a young professional? “My company moto ‘YATSE.’ You Are the Standard of Excellence.”

What has been your/your company’s most significant success over the last 12 months? “Maintaining and to continue to manage during this usual economic environment.”

What is one thing you would change about Wisconsin to make it even better? “To embrace diversity of others and the uniqueness of people.”

As you enter your office, what would you choose to be your walk-up or theme song? “‘I Live in My Destiny’ – written by Valerie Daniels-Carter. It’s empowering the listener.”

Nonprofit cause that has special meaning to you: “Institute for the Preservation of African American Music and Arts. The mission of IPAMA is to accurately present a holistic account of African American contributions to society while empowering communities through cultural and educational awareness. (And) Kenya East Africa First Jurisdiction Church of God in Christ (COGIC) Department of Women – supporting the communities in Kenya by launching three significant programs: orphanage development and enchantments, medical assistance and sustainability empowerment for ministries and women.”

What’s at the top of your bucket list? “Accessing enough capital for 10,000 emerging leaders/entrepreneurs into business.”

What has you most excited about the future? “The ability to transition lives and empower employees.”

Andy Harmening

BizTimes Staff
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Andy Harmening

President and CEO
Associated Bank | Green bay

Andy Harmening leads Green Bay-based Associated Bank, the largest Wisconsin-based bank holding company, with $41 billion in assets and about 200 banking locations throughout Wisconsin, Illinois and Minnesota. Outside of its headquarters, the bank has corporate operations in Milwaukee. Harmening serves on Associated Bank’s board of directors and as president of Associated Trust Co., N.A. Previously, Harmening was senior executive vice president, consumer and business banking director for Huntington Bank and vice chairman of the consumer banking division of Bank of the West.

Education: Bachelor’s, DePauw University; MBA, University of Cincinnati

Advice for first-time leaders: “You don’t have to come up with every great idea. Listen, then take action.”

Your secret talent: “I love ping-pong. We had a ping-pong table in our house, and we played a lot of ping-pong. There’s a rhythm to it. And the beauty is anyone can play it.”

Traits you seek for new hires: “Start with what’s not teachable. Find high achievers who like people and can connect. If you can get that along with subject matter expertise, you have a fantastic employee.”

If you could time travel: “Growing up in the 1980s was an amazing time. While I like and embrace tech, there’s a simplicity to that time, and human interaction was pure.”

2022 Wisconsin 275 Profile

Banking and Finance
President and CEO
Associated Bank  |  Green Bay

Andrew Harmening joined Green Bay-based Associated Bank in 2021 as its president and chief executive officer. The largest bank based in Wisconsin, Associated Bank has 4,100 employees with more than 200 banking locations in over 120 communities throughout Wisconsin, Illinois and Minnesota, and commercial financial services in Indiana, Michigan, Missouri, Ohio and Texas. Outside of its Green Bay headquarters, the bank has corporate operations in Milwaukee; the bank purchased its downtown Milwaukee office tower in 2016.

The company reported $38 billion in assets, $29.2 billion in deposits, and $93 million in net income in the third quarter of 2022. Associated has grown through acquisition in recent years, purchasing Bank Mutual Corp., branches of The Huntington National Bank, and First Staunton Bancshares Inc., all since 2018.

Prior to joining Associated, Harmening was senior executive vice president, consumer and business banking director for Huntington Bank. Earlier, he was vice chairman of the consumer banking division of Bank of the West. He also spent nine years with U.S. Bank in roles within its small business and commercial banking divisions. He serves on the boards of Metropolitan Milwaukee Association of Commerce and Boys & Girls Clubs of Greater Milwaukee. He previously served on the board of directors of the Consumer Bankers Association for 12 years.

Education: Bachelor’s, DePauw University; MBA, University of Cincinnati

John Daniels Jr.

BizTimes Staff
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John Daniels Jr.

Chair emeritus
Quarles | Milwaukee

As chair emeritus of Quarles, John Daniels Jr. serves as a thought leader and strategic business advisor to clients of the Milwaukee law firm. Daniels joined Quarles & Brady in 1974, was named partner in 1981 and joined its management committee in 1994. He was named chairman and managing partner in 2007 and went on to lead the firm through the Great Recession, growing its team of attorneys, practice specialties and locations. In 2011, he founded the MKE Fellows program to provide scholarships and mentorship for young men who have demonstrated academic talent. He is widely recognized for championing diversity, equity and inclusion, entrepreneurialism and high-quality education access for Milwaukee youth.

Education: Bachelor’s, North Central College; master’s, University of Wisconsin-Madison; J.D., Harvard Law School

What would you do if you could choose another career: “Although I know it’s challenging, I might choose a career in public service. The issues of our day are complicated and require people who know and understand that success is a combination of things that include bringing as many people to alignment to drive to a common and worthy goal.”

One decision to do over: “I had an opportunity to acquire an interest in what turned out to be a remarkable company that has had enormous growth in the last 35 years. My legal instincts, unfortunately, made me a little too cautious about an expanding industry. I learned that the future involves uncharted territory and if you want to experience the remarkable things that occur in the future there is an element of risk – take it!”

Historical figures you admire: “Jackie Robinson and Sandra Day O’Connor. Both demonstrated that even if your remarkable abilities are restricted by others, when you get the chance, you can do remarkable things and have an impact well beyond what anyone could imagine.”

Definition of success: “The most important thing is to make sure that those things which are not measured in financial terms stay aligned. Support for the family, the community and having aspiration for the notion that the next day may be the best is important.”

2022 Wisconsin 275 Profile

Chair emeritus
Quarles & Brady | Milwaukee

John Daniels Jr. joined Quarles & Brady LLP in 1974, becoming the first African American employee hired by the Milwaukee-based law firm. Daniels was named partner at Quarles in 1981 and joined its management committee in 1994.

In 2007, he was named chairman and managing partner and went on to lead the firm through the Great Recession. Amid economic headwinds, Quarles managed to add new lawyers and locations across the firm under his leadership. He is credited with “fundamentally transforming Quarles from its traditional legal industry structure to a model of a 21st-century professional services business,” according to a company bio.

A former national president of the American College of Real Estate Lawyers, he’s counted corporate household names among his clients, including General Electric, Kraft Foods and Xerox. As chair emeritus, he continues to serve as a strategic business advisor to many of the firm’s major clients.

Daniels has been a major player in Milwaukee civic life for decades. An advocate for high-quality education, Daniel founded the MKE Fellows program in 2011 to provide scholarships and mentorship for the young men who have demonstrated academic talent. His board service has focused primarily on the areas of education, financial services, health care and real estate. He has chaired the boards of the Greater Milwaukee Committee, Advocate Aurora Health and the Greater Milwaukee Foundation.

Education: Bachelor’s, North Central College; master’s, University of Wisconsin-Madison; J.D., Harvard Law School

What two business leaders would you want to have dinner with: “Jamie Dimon (CEO of JPMorgan Chase) because he has an enormous capacity for seeing ahead of the curve and he had experiences in his career where he had to learn from a challenge. Ken Chenault, former CEO of American Express and a former law school classmate of mine. Not only did he do an incredible job at American Express, but in the second phase of his career, he’s had a major impact on the development of incredible new companies.”

Fun fact: “The fact that I’m from Alabama and have put up with Wisconsin winters for almost 50 years.”

Chris Goller

BizTimes Staff
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Chris Goller

Executive vice president, head of corporate banking Midwest region
PNC Bank  |  Milwaukee

Christopher Goller is executive vice president and head of corporate banking for the Midwest region for Pittsburgh-based PNC Bank, where he is responsible for leading a team of senior bankers providing financing, capital markets services, treasury management, asset management services and corporate advisory services. Goller sits on the boards of the United Community Center, United Performing Arts Fund, Metropolitan Milwaukee Association of Commerce and the Greater Milwaukee Committee.

Education: Bachelor’s and MBA, Marquette University; graduate of the Pacific Coast Banking School, University of Washington in Seattle

Playlist for commute/run: “I love listening to the BBC podcast ‘In Our Time,’ which provides storytelling in an easy, simple format that allows me to just sit, listen and absorb stimulating topics on history and life.”

If you could time travel: “If I could, I would love to be transported to the Ice Bowl, one of the most iconic games in NFL history, played between the Green Bay Packers and the Dallas Cowboys on December 31, 1967, at Lambeau Field in Green Bay, Wisconsin.”

Thing to learn this year: “I would like to expand my travel to a new, unfamiliar destination and learn more about their way of life and culture. Croatia is on the top of the list.”

Favorite movie: “One that I watch every Christmas is ‘The Bishop’s Wife,’ a classic from 1947 starring Cary Grant, Loretta Young and David Niven.”

2022 Wisconsin 275 Profile

Banking and Finance
Executive vice president and co-head of middle market and large corporate banking
PNC Bank   |  Milwaukee

In 2021, Chris Goller took over corporate banking for PNC Bank’s Midwest Region, a six-state territory. Previously, he was PNC’s regional president for Wisconsin for nearly a decade. One of the largest financial services institutions nationally, PNC is among the top 10 largest banks in the state by deposit market share. Goller is immediate past chair of the Froedtert Hospital Foundation board and a member of the United Community Center and United Performing Arts Fund boards.

Education: Bachelor’s and MBA, Marquette University; graduate of the Pacific Coast Banking School, University of Washington in Seattle

What piece of advice has had the most significant impact on your career?
“My first job was having an early morning paper route delivering the Milwaukee Sentinel in Waukesha County. I was 14 and would wake up at 5:30 a.m., rain, snow or sleet, and walk the route hoisting the carrying tote on one shoulder. I had 45 minutes to get the job done and then come back home, eat and go to school. While I had to dodge a few barking dogs, I would try to either land the paper on a front porch or drop it inside the mailbox. This job taught me to find value in being an early riser and getting things done – ultimately – to appreciate that the early bird gets the worm.

“I think there have been several people along my journey who shared long-lasting advice, but the most impactful are my father’s words. There are several nuggets he would impart, but most often I can hear him telling me ‘Be willing to sacrifice some things to build the career you want,’ and ‘Live your life, not someone else’s.’ Those have resonated most with me as I often remind myself during career milestones and in trying to juggle work-life balance.”

If you could have dinner with any two business leaders, who would you choose and why?
“Warren Buffett. I admire his career as a long-term, visionary investor and an active philanthropist who gives away his wealth. Winston Churchill. He was a great leader under fire.”

What is one book you think everyone should read (or podcast everyone should listen to) and why?
“I love listening to the BBC podcast “In Our Time”, which provides storytelling in an easy, simple format that allows me to just sit, listen and absorb stimulating topics on history and life. Certainly, a welcome break to a busy life surrounded by smart phones and emails.”

What is your favorite Wisconsin restaurant and what do you order there?
“I love going to Zarletti‘s downtown (Milwaukee) and ordering my favorite dish, Bolognese with homemade pasta. Hands down the best.”

What was your first car? How long did you drive it for?
“A 1977 Malibu station wagon, which I shared with my twin brother. It had no air conditioning, the grill was duct-taped together and the heat sometimes worked. We had it for three years until it died.”

What advice would you give to a young professional?
“Work hard and play hard – you need both in the long term. Find ways to continue nurturing personal relationships – because in the end – all that really matters are people. And people do business with people they know.”

Is there a nonprofit cause that has special meaning to you?
“I have a special place in my heart for The United Community Center. I’ve been honored to serve on their board over the years and get to know the leaders, the hard-working teachers and families who benefit from the critical services they provide. The commitment to our community and helping people from birth through old age is truly remarkable.”

What’s at the top of your bucket list?
“I would like to see the Milwaukee Brewers win a World Series.”

What has you most excited about the future?
“There is a lot to be excited about the future, especially when I think of the future in financial services. COVID-19 accelerated the virtual experience and ushered in a new way to conduct business, but we know that forming and nurturing relationships away from technology really does matter. I think that blockchain, has and will transform the way that our financial institutions operate, creating better, faster, easier, and less costly results for consumers and businesses. It will be a win-win.”

Pat English

BizTimes Staff
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Pat English

Executive chairman
Fiduciary Management Inc.  |  Milwaukee

Pat English is executive chairman of Fiduciary Management Inc., a Milwaukee-based investment advisor with approximately $15 billion in assets under management. In his role, English analyzes stocks, markets and macro conditions, working with analysts and the senior leadership team. He previously was chief investment officer from 1989 to 2022, president from 2001 to 2010 and CEO from 2010 to 2022. English is chairman of the Lynde & Harry Bradley Foundation, a Milwaukee-based grant-making organization that promotes principles and institutions of American exceptionalism. He is also on the board of Encounter for Culture and Education, a nonprofit corporation focused on strengthening the marketplace of ideas and preserving democratic culture.

Education: Bachelor’s, Stanford University

What would you like to change about Wisconsin: “Change how we tax. Move to a 0% state income tax or 2.5% flat. The states that are most successful have done that and it makes economic sense not to tax the thing you want (income). There are other ways to tax fairly that make more economic sense.”

Definition of success: “Husband, father, grandfather, productive citizen, and making life better or more enjoyable for others.”

Historical figure you look up to: “Calvin Coolidge. Most underrated president. He believed in limited government and free markets.”

If you could time travel: “Philadelphia Constitutional Convention, 1787.”

2022 Wisconsin 275 Profile

Banking and Finance
Chairman, CEO and chief investment officer
Fiduciary Management Inc. | Milwaukee

Pat English is chairman, chief executive officer and chief investment officer of Milwaukee-based money management firm Fiduciary Management Inc. He is also a partner and member of its portfolio management committee. With about $17 billion in assets under management, FMI is one of the largest investment management firms in the Milwaukee area.

English joined the firm in 1986. He has been the CIO since 1989, CEO since 2010, and chairman since 2017. He was president from 2001 to 2010 under the leadership of founder and then-CEO Ted Kellner.

English co-manages the $1 billion FMI Large Cap fund; some of its top holdings include Dollar General Corp., Dollar Tree Inc., Charles Schwab Corp., UnitedHealth Group Inc. and Berkshire Hathaway Inc.

Prior to joining FMI, English was a research analyst with Dodge & Cox. English is a member of the Milwaukee Analyst Society and is a chartered financial analyst. He is vice-chairman of the Bradley Foundation, a Milwaukee-based grant-making institution with about $850 million in net assets. He’s also served on the board of one of the Bradley Foundation’s grantees, Encounter Books. The book publisher is part of Encounter for Culture and Education and is focused on engaging in educational activities to “help preserve democratic culture.”

Education: Bachelor’s, Stanford University

What was your first job, and what did you learn from it?
“Worked at a driving range from age 12-18. Learned to work hard and to be tough. We had to hand pick the range and I got hit by golf balls at least 150 times! Also learned to fix things, work in the pro shop and restaurant. Then there was free golf!”

What piece of advice has had the most significant impact on your career?
“Make yourself valuable to the firm and the rest will take care of itself.”

If you could have dinner with any two business leaders, who would you choose and why?
“Chris Koch, Carlisle Cos. CEO. He gets that companies that focus on their core business and shed non-essential ones win in the stock market. And I understand he is a great guy who is a lot of fun. Rick Dreiling, chairman of Dollar Tree. Rick is considered one of the best retail executives of the past 30 years. He, along with an activist, took on an entrenched team at Dollar Tree, through them out and now is turning the company around.”

What are some of your favorite destinations/places to visit?
“Puerto Vallarta, Mexico. Arizona.”

What is one book you think everyone should read (or podcast everyone should listen to) and why?
“Not exactly what you are asking, but everyone should read the declaration of independence and the constitution of the United States.”

What’s your hobby/passion?
“Golf, sports, reading, running with my dog.”

What is your favorite Wisconsin restaurant and what do you order there?
“Culvers. Double butter burger with cheese, fried onions. Fries. Butterfinger concrete mixer.”

What would people be surprised to learn about you (fun fact)?
“I like to sing but I am terrible, so I sing alone!”

What was your first car? How long did you drive it for?
“’68 VW. It was 15 years old when I got it and I milked it for another two!”

If you could take a one-year sabbatical, what would you do?
“I love my life. I wouldn’t really want to check out for a year.”

What’s the toughest business challenge you’ve had to overcome?
“Bad markets and tough stretches cause some customers to flee. That is tough because I take it personally. Our strategy always comes back but the money rarely comes back, forcing us to find new customers. It is a silly treadmill but I’ve seen it for almost 40 years.”

What advice would you give to a young professional?
“Keep your head down and work!”

What has been your/your company’s most significant success over the last 12 months?
“Navigating the bear market!”

What is one thing you would change about Wisconsin to make it even better?
“Eliminate the state income tax. There are much better ways to raise funds.”

As you enter your office, what would you choose to be your walk-up or theme song?
“Theme from Rocky!”

Is there a nonprofit cause that has special meaning to you?
“Bradley Foundation. It is committed to the fidelity of the constitution, free enterprise, informed citizens and civil society.”

What is the biggest risk you have ever taken?
“Moving to Wisconsin from California in 1986.”

What’s at the top of your bucket list?
“More grandchildren.”

What has you most excited about the future?
“We are building a house on a lake. I’m excited to enjoy lake living.”

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