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Executives in Residence

The University of Dayton is pleased to have renowned executives assisting in the learning process.

Karl Balbach
Jack Cartwright
Bob Dean
Richard T. Flaute
Dennis Kairis
Ray Lane
Peter A. Luongo
Tom Winning

Karl Balbach

Karl Balbach retired as President and owner of ProMatch Inc., a digital printer and a software database developer for the real estate industry. ProMatch developed MLS software for Realtor Associations and provided a wide variety of electronic printing.

Prior to ProMatch, Mr. Balbach worked as an officer for WinWholesale, a large wholesale distributor in the plumbing, electrical, HVAC, water works and electronic industries. Additionally, he has started a precision brass and bronze foundry, owned a precision aluminum foundry servicing the defense industry and operated iron and steel foundries for the automotive industry. After serving in the U.S. Army, Karl started his career at General Motors as a line foreman and a design and test engineer for the first disc brakes on American cars.

Mr. Balbach graduated from Massachusetts Institute of Technology with a B.S. in engineering and business administration. He also serves on several boards of directors including the board of advisors for Flyer Enterprises.

Richard T. Flaute

Richard T. Flaute (Dick) is an executive-in-residence in the School of Business Administration. Dick works with Dr. Joseph A. Schenk in graduate and undergraduate level capstone courses since January of 2001. During the prior year, Dick served as a business consultant with the Dayton Area Chamber of Commerce and consulted with more than 20 small businesses in the Dayton area on management, marketing, finance and strategic issues.

Before joining the Dayton Area Chamber of Commerce, Dick served for 35 years as the Chairman, CEO and owner of Supply One Corporation. After acquiring Supply One in 1965, he managed the company through four acquisitions and two divestitures, and saw the company grow by 4,100 percent.

Dick received a Bachelor's degree in Aeronautical Engineering from the University of Notre Dame in 1958 and served for six years as an Aeronautical Engineer at General Dynamics Corporation, during which time he attended night school at the University of San Diego School of Law for two years.

He is also very active in the community and has served on more than 30 corporate and community boards. Included in his board service is 25 years of service with bank and venture capital boards. He has served in leadership positions on many boards and is credited with establishing several organizations or projects that continue today. In 1982, he started the Strategic Planning Course at the Dayton Area Chamber of Commerce and served as chairperson of that project for 12 years. He is also credited with establishing and serving as founding chairperson of the Ohio Small Business Coalition, the Miami Valley Catholic Education Council, the Dayton Area Small Business Council and the Board 4A Day program.

Among the positions he has served are: delegate to Ohio Conference on Small Business (1980), delegate to Governor's Conference on Small Business (1984), vice chair to Governor's Steering Committee on Small Business (1984) and delegate to White House Conference on Small Business (1986).

Among the honors he has received are: Small Business Person of the Year (1985) from the U.S. Small Business Administration, Entrepreneurial Spirit Award (1987) from DP&L, Outstanding Service Club member (1991 and 1999) from Dayton Presidents Club, Entrepreneur of the Year (1998) from Ernst and Young, Rotarian of the Year (1998-1999) from Rotary International District 6670, Volunteer of the Year (2000) from Dayton Area Chamber of Commerce.

Ray Lane

Ray Lane retired as Executive Vice-President of MeadWestvaco, a global packaging company and a leader in school and home office products.  In that capacity, Mr. Lane was responsible for the company's four U.S. paperboard mills, their 50 packaging converting plants located around the world and the company's Brazilian corrugated business.

During his 30-year career at Mead and then MeadWestvaco, Ray's experience covered a broad spectrum of business functional areas, including sales management, finance, corporate strategy, operations management, operating division president and corporate officer.
 
Ray serves on the board of trustees for the Dayton Philharmonic Orchestra and the endowment committee of the Dayton Art Institute.  He also serves on the board of advisors for Flyer Enterprises.  Ray supports students pursuing their undergraduate degrees through his leadership of the Moraine Caddy Scholarship Fund and chair of the Notre Dame Club of Dayton scholarship committee.

He graduated from the University of Notre Dame with a B.S. in aerospace engineering and received his MBA in accounting and finance from the University of Chicago.

Peter A. Luongo

Peter A. Luongo retired as President and CEO of The Berry Company in August 2003. His career at The Berry Company spanned more than 33 years. During his last nine years with the company, Peter was instrumental in guiding Berry through a period of record sales growth, numerous contract acquisitions and the perpetuation of the nearly 100-year-old company as an industry leader and “a great place to work.”

While Peter's career was dedicated to finding a better way, no initiative was more profound or had a greater impact than the development of Berry's Management Creed—which was subsequently installed as the operating philosophy inside The Berry Company.

Since he was appointed Executive Vice President of The Berry Company in 1994, Peter made it his mission to make certain all employees understood how the model was developed. He traveled the country and the world, meeting with employees, customers and industry partners to share his unique approach with an unrelenting sense of purpose. His presentation takes the audience back to 1981 in Buffalo, New York, where he and several fellow managers began this philosophical transformation.

Since retirement, Peter has dedicated himself to sharing this unique approach with audiences all over the world. His powerful message transcends business transformation, emerging technology, product innovation, corporate vision statements and strategic imperatives. While exceeding revenue income and customer expectations has been the hallmark of The Berry Company since 1910, Peter shares with his audience how his behavior-driven model not only ensures long-term growth but also creates an environment where employees feel valued, respected and part of something special.

Tom Winning

Tom is an Executive-in-Residence in the School of Business Administration, taking this position in August 1999. Tom develops and delivers capstone courses at the graduate and undergraduate level. Additionally Tom participates in a number of case presentations focusing primarily on strategy and business policy.

Prior to joining the School of Business Administration, Tom was a 28-year employee of Bank One Corporation, where he served in numerous management and senior management positions. He served as president and chief executive officer of Bank One Private Label Credit Services, the retailer credit card subsidiary which he founded for Bank One in 1984. In this capacity he directed all private label credit activities and management decisions from its inception through the formation of a $3 billion joint venture with GE Capital in March of 1999. Prior to the joint venture formation, the subsidiary had $2.3 billion in assets, 6 million cardholders, employed 1,100 people, and provided credit services to 38,000 retailer locations across the country.

Tom has a bachelor's degree in finance from The Ohio State and an MBA from the University of Dayton.