The Towson University Foundation board of directors has primary fiduciary responsibility
for the foundation. The men and women who serve on the foundation board are volunteers
who have extensive experience and expertise in the field of investing and business
operations. Our board of directors govern the Towson University Foundation with integrity
and fiscal responsibility.
J. William Murray President
After a 35 year career in commercial banking in Baltimore and Chicago, Bill Murray
decided to change direction and pursue his passion in jazz along with being a community
volunteer. Before the banking career, he obtained a B.S. (Bus) with Special Honors
from the University of Colorado, Boulder, and an MBA with Honors from the Kellogg
School of Management at Northwestern University. In his banking career, Bill was a
recognized national expert in the areas of cash management, treasury management, electronic
commerce, U.S. payment systems, and Internet banking.
In pursuing his music passion, Bill enrolled at Towson University to study jazz piano
and received a B.S. (Music) in 2008 and a M.M. (Music) in 2011. He and his late wife
established an endowment to bring jazz artists to campus and support a jazz residency
program. Bill received the distinguished alumni award from TU’s College of Fine Arts
and Communication. While studying music, he also taught e-Marketing in TU’s College
of Business and Economics. Bill has been a member of the Towson University Foundation
for over 10 years and currently serves as President of this organization.
An active community volunteer, Bill has been a trustee of Baltimore Center Stage for
over 30 years, the president of the Baltimore Chamber Jazz Society, and past president
of the GBMC Volunteer Auxiliary. Currently at GBMC, he serves on several committees
which raise funds for the health care organization. In pursuing his passion for jazz,
he plays several times a week as a volunteer pianist in GBMC’s main lobby, is part
of several jazz ensembles, and composes music. He has recorded four CDs of his own
music. He lives in Timonium where he enjoys playing music, adding to his collections
of miniature pianos, jazz books and jazz CDs, gardening, walking, and visiting with
children, grandchildren, and friends.
Kim Fabian Vice President
Kim Fabian is executive director for the Greenville Center for Creative Arts in South
Carolina. A seasoned non-profit executive with more than 25 years of experience, Kim
is a leader who brings the essential elements of a mission together to achieve meaningful
outcomes. Before joining GCCA, she was senior vice president for Junior Achievement
of Central Maryland, where she managed internal operations, marketing communications,
and led record-breaking program growth for more than 47,000 K-12 students each year.
Prior to this role, she served as director of the Maryland Metabolic Institute at
St. Agnes Hospital.
For much of her career, Kim operated a consulting firm that helped organizations maximize
the impact of internal and external communications and build collaborative, high performance
teams. A published author, Kim has made more than 100 appearances to a variety of
audiences and appeared on radio, TV and print outlets across the country.
She received her B.S. in mass communication from the College of Fine Arts and Communication
at Towson University, where in addition to serving on the TU Foundation board of directors,
she is a past president of the Alumni Association board of directors.
John A. Hayden, III Vice President
Mr. Hayden is a partner resident in the Towson office of the law firm of Whiteford,
Taylor & Preston, L.L.P., where he concentrates in corporate law and succession planning,
estate planning and business organization, sales, mergers and acquisitions.
Mr. Hayden’s professional career includes service as an adjunct faculty member at
Essex Community College and Stevenson University (then Villa Julie College), where
he taught courses on the legal aspects of the formation and operation of small business
enterprises and business organizations to paralegal students.
He currently serves on the boards of the Baltimore County Chamber of Commerce, the
Baltimore County Small Business Resource Center, Leadership-Baltimore County and on
other community and regional non-profit boards and committees.
Edna Primrose Vice President
Ms. Primrose is the deputy administrator for Operations and Management at the U.S.
Department of Agriculture Rural Development Agency. As deputy administrator, Ms. Primrose
is responsible for all administrative programs for nearly 5,000 employees nationwide.
With over 20 years of executive leadership experience in the public and private sectors
that includes serving as national director of the U.S. Department of Labor’s Office
of Job Corps, Ms. Primrose has successfully managed both large scale and local public-private
partnerships. She is a recipient of multiple United States Secretary Honor Awards.
Ms. Primrose credits her extensive labor expertise to the International Union of Operating
Engineers, where she held senior positions. She is also founder and president of Differenza,
an education and training consulting firm. Ms. Primrose is a member of the DC Chapter
of the Society for International Development and has served on distinguished governance
boards and councils that includes the National Forum on Youth Violence Prevention,
a White House initiative, and advisor for the United States Federal Committee on Apprenticeship.
Ms. Primrose earned her degree in business administration in 1984 from Towson University.
David M. Vahos Vice President
David M. Vahos was named interim chief financial officer and treasurer of BGE in May
2014. In this role, Mr. Vahos oversees the treasury, financial planning and analysis,
operational finance and accounting functions for the company.
Mr. Vahos joined BGE in May 1998. During his 16 year BGE tenure, he has been responsible
for establishing accounting practices related to the deregulation of the electric
generation portion of the company and has served in supervisory capacities in both
general and regulatory accounting. In May 2006, Mr. Vahos was appointed director,
financial planning and analysis with responsibility for detailed operations, maintenance
and capital budgeting, as well as playing an active role in regulatory filing and
rate case strategy. In October 2010, Mr. Vahos was appointed executive director, corporate
audit for Constellation Energy responsible for directing internal audit and consulting
engagements for Constellation New Energy and BGE. In February 2012, he was named vice
president and controller and was responsible for financial accounting and reporting
for BGE, performance of controls, and preparation of financial reports for management,
shareholders and regulatory agencies.
Prior to joining BGE, Mr. Vahos served as senior accountant at KPMG Peat Marwick,
LLP focusing on assurance and consulting services, as well as compliance and financial
Mr. Vahos is married with three children.
Mr. Vahos earned a bachelor’s degree in accountancy, cum laude from Villanova University,
and a master’s degree in business administration from Johns Hopkins University.
Christopher Evans Treasurer
Mr. Evans is the business banking manager and Senior Vice President of Wells Fargo
for Greater Baltimore. Mr. Evans is responsible for managing, coaching and developing
a team of tenured business banking relationship managers. His other responsibilities
include maximizing the division’s profitability through the maintenance of a high
quality loan portfolio. He is accountable for operational excellence, loss mitigation
and reduced fraud risk through awareness, escalation and preventative measures. Mr.
Evans networks with centers of influence to develop business, including accountants,
attorneys and other referral sources. His career in banking and finance spans 22 years.
He serves as a board member for the Academy of Finance Advisory Board and the Towson
University Foundation, Inc.
Mr. Evans received a Bachelor of Science in Interdisciplinary Studies from Towson
University in May 1993.
He and his family reside in Forest Hill, MD.
Salvatore Correnti Secretary
Sal is a retired senior executive with over 35 years of achievement and success in
investment and financial management. Selected areas of expertise include leadership
and management, investment strategy, asset allocation, asset liability management,
risk and capital management and all major areas of insurance.
Sal served as the CEO for Conning from 2003 until 2012. Conning is a global provider
of institutional asset management, risks and capital management services. Prior to
his role as CEO, he served as COO from 2001 to 2003. He served as a non-executive
vice chair and board member from 2012 until 2017. Prior to Conning, Sal held executive
management positions at Swiss Re, a leading global reinsurance company and USF&G insurance
Sal serves on the Board of Directors of Builders Insurance (a Mutual Captive Company)
based in Atlanta, GA; Oil Casualty Investment Corporation Ltd in Bermuda and Erie
Indemnity Company in Erie, PA.
Sal has Master of Business Administration from the University of Baltimore and received
his Bachelor of Arts with a dual major in Business Administration and Economics at
Towson University where he graduated magna cum laude.
Sal is active in community service. In addition to his current role on the board of
the Towson University Foundation, he served on the board of the North Central Connecticut
American Heart Association, and was chair of the American Heart Association’s 2011
and 2012 Hartford Heart Walks. He is also a past board member of the Hartford, CT
based non-profit, Family Life Education.
Raymond J. Brusca Director
Mr. Brusca is retired from Techtronic Co. Ltd., a Hong Kong based $4 billion global
manufacturer of power tools, outdoor equipment and floor care products where he served
as Group Vice President Human Resources for. Mr. Brusca had responsibility for all
human resources functions globally covering 20,000 employees. He is a nationally recognized
expert in human resources, employee benefits, executive compensation and mergers and
Mr. Brusca received a Bachelor of Science in Political Science from Towson University
in 1980 and a Juris Doctorate from the University of Baltimore School of Law in 1984.
Mr. Brusca and his family reside in Hunt Valley, Maryland.
Christopher J. Cavallaro Director
Christopher Cavallaro is the Senior Manager, Business Banking at SECU, Maryland’s
largest credit union. Bringing 19 years of experience in both retail and small business
banking, Christopher leads the efforts of a team of Business Relationship Managers
who develop relationships with business members and prospects within the state of
Christopher is a graduate of Leadership Baltimore County’s class of 2015 and recognized
by the Maryland Banker’s Association as a 2015 Next Leader in Banking. A graduate
of Towson University and Maryland native, Christopher lives with his wife, Carol in
Baltimore County. In their spare time, they love to run, attend live music concerts
and spend time with family both in Philadelphia, PA and here in Maryland.
Thomas Coard Director
Ira W. Cox Director
Mr. Cox is a consultant with Morgan Stanley where he builds trust with investment
advisor partners. Relationships take time and ongoing communication. His goal is to
understand an advisors business model and team structure in order to address current
opportunities and concerns to help deliver consistent outcomes for retail clients.
Morgan Stanley is a globally diversified investment manager that has been redefining
the meaning of financial services since our founding in 1935. The Morgan Stanley Investment
Management Division was established in 1975 and has over $600 Billion in AUM across
17 countries (combined worldwide AUM as of June 2014).
Mr. Cox received a Bachelor of Science in Business Administration and Finance from
Towson University in 1998.
Douglas Erdman Director
Douglas Erdman is co-owner and president of Community Realty Co., Inc., a full service
property management, leasing and sales organization specializing in office, retail
and multifamily real estate assets. Douglas is also a principal in Renaissance Centro,
LLC and RMJ Development Group, both renowned real estate development entities having
produced many notable apartment, condominium, retail and office projects in the Washington,
Mr. Erdman holds a Bachelor of Science degree in Business Administration from Towson
University and has completed numerous post graduate courses and programs in real estate
and urban development.
Douglas founded and provided the initial funding for the Hussman Center for Adults
with Autism located at the Wellness Center of Towson University. He is active in several
philanthropic and professional organizations as well as numerous athletic endeavors.
Douglas resides in Ellicott City, MD with his wife Therese and two sons.
Paul-Sean Gray Director
Paul-Sean Gray joined Mind Over Machines in 2007. Paul-Sean is responsible for overall
operations and financial management of the company. He brings more than 20 years of
business and financial management experience to his role.
Previously, Paul-Sean served as vice president of operations at Detica, Inc. and Operations
Manager for Raytheon, Inc. Earlier positions included department manager at Performance
Engineering Corporation, and Financial Analyst at Trident Data Systems, both government
Paul-Sean earned a Master of Business Administration from the University of Maryland
and a bachelor of finance and economics from Towson University. Post-graduate training
includes coursework at American Graduate University and USDA Graduate School.
Paul-Sean serves on the Parish Council for St. Veronica’s Catholic Church, past board
member of the Howard County Terps football organization and Baltimore Lady Panthers.
He is a member of the Omega Psi Phi Fraternity, Inc. Past professional affiliations
have included American Society of Military Comptrollers, National Contract Management
Association and the Maryland Board of Realtors.
Anthony Hamlett, Sr. Director
Mr. Hamlett is a client-focused, results oriented financial services and small business
financing executive specializing in small business financing / growth strategies,
including real estate acquisition and equipment financing; and an expert in faith-based
niche market financial services, and faith-based real estate financing strategies.
He has a passion for the faith based community, and has lead numerous projects for
faith-based entities including construction financing, equipment financing, property
acquisition, and debt restructuring.
Upon completing undergraduate studies in 1976 with a B.S. degree in education from
Towson University, Mr. Hamlett accepted a management position at M&T Bank (predecessor),
and provided oversight of the Funds Management Group, leading to enhanced interest
income through overnight investments for the bank.
Subsequently, Mr. Hamlett served as a bank operations executive for two additional
financial institutions in the Maryland / D.C. / N. Virginia market, including Bank
of America (predecessor), and SunTrust Bank (predecessor). He provided leadership
for the Federal Reserve Pricing Group, managing the strategic relationship between
B of A and the Federal Reserve Bank, along with the multi-million dollar operating
budget, and delivered 10% to 12% direct cost reductions for B of A.
As vice president, Electronic Banking (for SunTrust Bank predecessor), Mr. Hamlett
restructured, restaffed and re-trained team members to more efficiently and cost-effectively
service bank customers through the three Electronic Banking Departments, which included
the Telephone Banking Group, Automated Clearinghouse Department (ACH) and the ATM
Department (manage 250 ATMs in the MD/DC/N.VA region). Electronic Banking customer
satisfaction increased by 15% following departmental improvements.
Following Mr. Hamlett’s tenure at three banking institutions over an eighteen year
period, he accepted an opportunity to become one of two principals in a faith-based
consulting firm, providing professional advisory services to Churches and other non-profit
organizations across the United States. Primary services included accounting / audit,
tax compliance, business development strategies with local and non-local commercial
lenders in connection with client construction / real estate acquisition financing
and debt restructuring. Notable transactions include:
Mt. Pleasant Ministries' acquisition and re-development of the City Line Shopping
Center in Baltimore, MD
Faithful Central Bible Church acquisition of the Great Western Forum in Los Angeles,
After ten years of successful faith-based consulting around the United States, Mr.
Hamlett accepted a position with a Maryland SBA (Small Business Administration) lender,
Mid-Atlantic Business Finance, becoming president and CEO. After developing and implementing
a turnaround strategy for the company (including staffing changes / upgrades and training),
loan production increased, loan defaults decreased and budgetary deficits were eliminated.
Following a four year tenure (2006 - 2010) with this SBA lender, the economic impact
of the 2008-2009 recession on the credit markets, and capital markets, it became difficult
to structure profitable SBA loans over the short term, and Mr. Hamlett separated from
the company to start his own consulting practice, and complete his graduate studies
for his MBA degree.
Mr. Hamlett started FBA Consulting, LLC (Faith Based Analytics) in 2015 to return
to the faith-based market that he previously serviced. He continues to build his client
base, to expand beyond the Mid-Atlantic region, re-focusing on professional services
to include tax compliance, accounting/audit, real estate acquisition financing, construction
financing, equipment financing and debt restructuring.
Stephanie Johnson Director
Eric Kruk Director
Eric M. Kruk is a sales director at Legg Mason serving the Mid-Atlantic region for
the Independent Advisor channel. Eric started his career at Legg Mason and in the
16 years since has worked tirelessly to be the first phone call an advisor makes when
an opportunity arises. Having been a resource to advisory firms in all states from
Maine to Florida in the course of his career, his goal is to provide sound investment
solutions by acting as a knowledgeable conduit to the eight investment managers that
are owned and distributed through Legg Mason. He differentiates himself by helping
advisors increase revenue through practice-management tools, imparting his own knowledge
of prospecting, and sharing what has worked for other premier practices.
A native of Fallston, Maryland, Eric graduated from Towson University in 1996 with
a major in pre-med and a minor in finance. He participated in Kappa Sigma fraternity
and the student government associations. He holds FINRA Series 7 and 66 licenses.
Eric lives in Hydes, Maryland with his wife of 11 years and their three children.
Theresa A. Lawler Director
Theresa Lawler served as a judge on the Orphan’s Court for Baltimore County from 1998
through 2014 (Chief Judge from 1999 to 2007).
Judge Lawler was admitted to the Maryland Bar in 1978 and is a member of the Maryland
Association of Judges of the Orphans’ Courts (having served as president, treasurer
and board member), the National College of Probate Judges, and the National Association
of Women Judges. She also served as chair and vice-chair of the Conference of Orphans’
Court Judges and on the boards of the Judicial Institute and St. Thomas More Society.
She received her B.A. from Northwestern University and J.D. with honors from the University
of Maryland School of Law.
She has received numerous awards and honors including the Daily Record’s “Leadership
in Law” award and was selected three times by the Daily Record as one of “Maryland’s
Top 100 Women” resulting in her induction into the “Circle of Excellence” in 2013.
Judge Lawler’s community service encompasses the Boards of Downtown Baltimore Child
Care, Inc., Hunt Ridge Community Association, and the Towson University Foundation.
Rosemary Meyer Director
Ms. Meyer is a partner with KPMG LLP, serving as a regional leader for in its higher
education and other not for profit practice. She has more than 20 years of experience
providing audit, financial reporting, and other related services to institutions of
all sizes and public and private companies. Her experience includes assisting clients
with complex accounting and financial reporting issues, investments, improving internal
controls, assisting with tax-exempt bond issuances, assisting with acquisitions and
dispositions, providing single audit compliance audit services, and sharing industry-related
topics and developments.
Ms. Meyer is a member of the American Institute of Certified Public Accountants and
the Maryland Association of Certified Public Accountants, and serves as a Finance
Committee Member for United Way Worldwide and coaching volunteer for the Bel Air,
Maryland youth sports programs.
Ms. Meyer earned her BS degree from West Virginia University, Summa Cum Laude, and
is a licensed CPA in Maryland.
Kelly A. Powers Director
Howard J. Rosen Director
Howard J. Rosen, CPA, is a shareholder and president of Rosen, Sapperstein & Friedlander,
Chartered, a certified public accounting and management consulting firm. Mr. Rosen
is in charge of the firm’s management consulting division. Throughout his career,
Mr. Rosen has been responsible for developing many successful business plans for companies
throughout the Mid Atlantic region of the United States. His responsibilities include
strategic business plans, merger and acquisitions, marketing studies, capital formation,
human resource studies, organizational structure, and operation reviews.
Mr. Rosen’s primary area of expertise is consulting to middle market commercial businesses.
Throughout his career, Mr. Rosen has been active in consulting with growth oriented
concerns, identifying strategic alternatives which ultimately enhance asset value.
He has consulted with many companies that ultimately positioned themselves for purchase
by publicly traded companies. In the area of capital formation, Mr. Rosen also is
active in helping clients prepare forecasted projections for the purpose of raising
capital through private placement memorandum.
Mr. Rosen received his undergraduate degree from the Merrick School of Business at
the University of Baltimore. He also earned a certificate as a Certified Valuation
Analyst from the National Association of Certified Valuation Analyst.
Mr. Rosen is a member of the American Institute of Certified Public Accountants, Maryland
Association of Certified Public Accountants and CPA Associates International, Inc.
He is currently involved with the following: Associated Jewish Charities, The Dyslexia
Tutoring Foundation’ Jewish National Fund Executive Committee, Beth Tfiloh Community
High School Academic Support Program, Associated Jewish Charities and is a Board Member
for Maryland Public Television.
Mary F. Shock Director
Mary (Molly) Fulton Shock grew up in Salisbury, Maryland. Following her graduation
from James M. Bennett Senior High School in Salisbury, she enrolled in Towson State
University. She received a BS in Elementary Education from Towson State.
Molly and her sons, William and Richard established the Stephen K. Shock Memorial
Scholarship at Towson University after Stephen’s death in January 2002. This scholarship
is awarded by the College of Business and Economics. In 2007, she established the
Catherine O’Malley Scholarship, which is awarded by the College of Liberal Arts at
Molly currently serves as director for the Towson University Foundation Board of Directors.
She is a member of the Towson University Board of Visitors and was the working chair
of the recently completed Capital Campaign. She is also the secretary for the Baltimore
County Public Schools Education Foundation. She and her sons have established two
scholarships through the BCPSEF. She is the immediate past Chair of the Central Scholarship
Bureau Board of Directors where she has endowed a scholarship in her sons’ names.
She has also endowed two scholarships at the Gilman School to honor William and Richard’s
In 2008, Molly was named one of Maryland’s Top 100 Women.
Jeffrey J. Smith Director
Mr. Smith is currently the Greater Washington Complex manager and a financial advisor
for Janney Montgomery Scott. He is responsible for approximately 40 financial advisors
and staff and has a goal of growing the Janney “footprint” in the greater Washington
D.C. area. His career in the finance arena spans 24 years. Mr. Smith is responsible
for over $2bb in assets under management and revenue of over $10mm.
He serves as a board member for the Towson University Foundation. Mr. Smith earned
an economics degree from Towson University in January 1990. He and his family reside
in Frederick, MD.
Bryan M. Thaler Director
Mr. Thaler is an investment counselor with the fee-only firm of Van Sant & Mewshaw,
Inc., Registered Investment Advisors. He is responsible for helping families protect
and grow their financial assets as well as providing assistance with various financial
planning and estate planning techniques. Mr. Thaler holds a Bachelor of Science in
business administration from Towson University. He is married with three children,
a son and twin daughters.
Shanna N. Warburton-Barnes Director
Kim E. Schatzel President, Towson University
The University System of Maryland Board of Regents appointed Kim E. Schatzel as the
14th president of Towson University in December 2015. Dr. Schatzel officially began
her term on January 25, 2016.
Prior to joining Towson University, Schatzel served as interim president for six months
at Eastern Michigan University while continuing her responsibilities as provost and
executive vice president of academic and student affairs, a position she held since
2012. President Schatzel began her career in higher education in 2000 and held several
positions in the College of Business at the University of Michigan-Dearborn, beginning
as an assistant professor of marketing and rising to interim dean and dean. President
Schatzel also brings more than 20 years of corporate, new venture, and start-up experience
to the Towson University presidency, including serving as founding president and chief
operating officer, and later as chief executive officer of a multinational industrial
firm employing more than 1,500 people on four continents.
Shohreh Kaynama Dean, College of Business & Economics
Since 2002, Shohreh A. Kaynama has been Dean of the Towson University College of Business
and Economics. In her position, she oversees six departments offering undergraduate
majors in accounting, business administration, e-business, and economics as well as
graduate programs including the M.S. in Accounting and Business Advisory Services,
the UB/Towson MBA, and the M.S. in Supply Chain Management. As the chief academic
and administrative officer of the college, Dr. Kaynama manages two outreach and research
centers, more than 100 full-time and part-time faculty, and 20 staff members. Her
primary responsibilities include maintaining AACSB accreditation for both the accounting
and business administration programs, establishing the vision and strategic direction
for the college, working with faculty and staff on programs and curriculum, managing
the budget, and developing and fostering external relations with the community, alumni,
and other constituents of the college.
Dr. Kaynama holds a Ph.D. in marketing and decision support systems from The George
Washington University, an MBA in marketing from the University of Baltimore, and a
B.S. in marketing from Towson University.
Benjamin Lowenthal Vice President for Administration and Finance & Chief Fiscal Officer
John J. Mease, Jr. Vice President & Chief Financial Officer, Towson University Foundation
John J. Mease, Jr., C.P.A., graduated from Shippensburg University, with a Bachelor
of Science degree in business administration with a focus in accounting.
Mr. Mease has been with Towson University Foundation, Inc., a not-for-profit 501(c)(3)
corporation since March 1999. He was named vice president / chief financial officer
of the foundation by the board of directors. He is responsible for the day to day
operations of the foundation, as well as for the preparation of the annual operating
budget, management of the relationship with the foundation’s the investment advisor,
and coordination of all aspects of the annual financial statement audit.
Among his many duties, he also acts as liaison to the board of directors and is responsible
for the implementation of board approved policies and procedures.
Mr. Mease passed his C.P.A. exam in May 1986. He is married with three children, two
of whom graduated from Towson University.
Brian J. DeFilippis Vice President, University Advancement Executive Vice President, Towson University Foundation
Mr. DeFilippis joined Towson University on January 16, 2017 as the vice president
of University Advancement and as executive vice president of the Towson University
Mr. DeFilippis served as the associate dean and the chief development officer of the
University of Maryland School of Medicine for Development. In this role, Mr. DeFilippis
led a 32-person fundraising team and directed the last four years of the capital campaign.
He also served as special assistant to the dean, assistant vice chancellor, medical
alumni and development programs and as executive director of development and campaign
Todd Langenberg Associate Vice President for Development
Mr. Langenberg is the associate vice president for development of Towson University.
He is responsible for all annual and capital fundraising programs including individual
giving, corporate and foundation relations and planned giving. This includes the management
of the staff to engage donors to support Towson University’s annual giving programs,
athletic initiatives, and the educational offerings within the eight colleges. Mr.
Langenberg has 21 years’ experience in educational and non-profit fundraising, as
well as business development and risk management. He currently serves as president
of the Hampden Family Center, vice-president of the Towson Recreation Council and
a board member of Leadership Baltimore County. Mr. Langenberg and his family have
resided in Towson for over twenty years.