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Club News in Brief
The Wharton Club of Houston
(WCH) has been a hotbed of connections
and deals lately. At the WCH’s
UBS Speakers’ Forum Luncheon featuring
Frontier Oil CFO Michael
Jennings, Wharton School alumnus Bill Fraser, WG’93, was introduced
to Chris Krummel, WG’03, by Club
President Evan Betzer, WG’99. Fraser’s
description of his risk management
software business known as Spectrum-Prime Solutions, LP, soon led to a discussion
of the need for marketing and
sales talent. Krummel recognized the
opportunity to make an introduction
to a talented individual named David
Pierce, W’50, who had just the right
kind of professional experience to assist
Fraser. Pierce and Fraser met and
Pierce is now working full-time for the
Spectrum-Prime Solutions.
Former Board Member Alvin
Rucker, WG’98, was looking for a
business to acquire when he volunteered
on the WCH’s Entrepreneurship
Committee. Through the club’s activities,
he met Charles Boyd, WG’91,
and began evaluating franchise opportunities.
After considering several opportunities,
the pair acquired a group of
ten Popeye’s restaurants—and found
funding for the deal from a fund managed
by another WCH member.
– Evan Betzer, WG’99
Wharton Club of the Middle East members welcomed prospective students
in Kuwait when Wharton’s Director of
MBA Admissions and Financial Aid, Thomas Caleel, WG’03, held an information
session for the second year in a
row in Kuwait’s Four Points Sheraton
Hotel. Speaking to a diverse group
of approximately 50 prospective students, Mohammed Alshaya, WG’84,
Chairman of MH Alshaya Co Retail,
began the information session by urging
the young audience to show passion
and zeal, and later spoke about his personal
experiences as a Wharton alumnus.
Next, Caleel detailed the admissions process
and emphasized its transparency.
– Hassan El Houry, WG’07
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