Executive Alert is a regular report on career moves, awards and recognition and other news about top executives from across the Show-Me State.
Gov. Jay Nixon has tapped Former state Sen. Maida Coleman to serve as commissioner on the Public Service Commission, replacing Robert Kenney, who is leaving at the end of the year due to the six-year term limit. If the nomination is approved by the Senate, Coleman will serve on the PSC until 2021. Coleman won a state Senate seat in 2001, and later became the Senate’s minority leader. After the Ferguson unrest, she was appointed by the governor to run the Office of Community Engagement, where she was responsible for reaching out to low-income communities throughout the state. Coleman worked at the Public Service Commission as a clerk in the 1980s.
Cultivation Capital has added two principals to its startup funds. Allison Carmen was named as a principal for its Tech Fund II, and Matt Stranz was appointed as a principal for its Life Sciences Fund. Carmen, a St. Louis entrepreneur who founded Material Mix, will be responsible for the deal flow pipeline at Cultivation’s Tech Fund II and manage due diligence efforts for the fund. Stranz, who has worked with Cultivation as a portfolio services manager for several months, will help oversee all investment activity. He previously served as an assurance manager with PricewaterhouseCoopers.
Sarah Roe Sise has been added as a partner in Armstrong Teasdale’s Corporate Services practice group. Sise, who has more than 17 years of experience in the industry, previously worked as a partner at Bryan Cave. In her new position, she will oversee employee benefits and executive compensation.
Keith Ebling, general counsel and executive vice president of Express Scripts, is stepping down after working at the company for 19 years. The St. Louis-based pharmacy benefits manager said Ebling will remain employed for an indeterminate period of time to facilitate transition, and a search for his successor is underway.
Dean Oskvig will retire from his role as president and CEO of Black & Veatch’s energy business at the end of this year. Oskvig, who joined the Overland Park, Kan.-based engineering firm in 1975, has held numerous leadership positions in the past 40 years. Before starting to lead the energy business in 2006, he was the division’s chief operating officer, and previously the president of the power delivery division. The company has named Hoe Wai Cheong as the new president of its oil and gas division, and Ed Walsh will become president of its power division.
In the news
The Kansas City Business Hall of Fame has named three business leaders as this year’s inductees. The laureates include Jeanette Prenger, CEO of ECCO Select; Dave Cummings, founder and chairman of Tradebot Systems; and Ann Dickinson and family, founder and chairwoman of Dickinson Financial Corp. The inductees were chosen by a committee formed by past laureates and business leaders. An award ceremony will take place on Nov. 5 at the Westin Crown Center in Kansas City.
UMB Financial Corp. has been laying off executives as it consolidates divisions. UMB Financial Chairman Mariner Kemper said the moves, which should save the company about $3.6 million a year, will be an ongoing process and help the company become more efficient. Kemper declined to disclose the number of executives that have been laid off, and he said Marquette Financial is not involved in the cuts.