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Fund Advisors

Robert C. Salisbury, MBA, Fund AdvisorRobert C. Salisbury, MBA
Fund Advisor

From 1995 to 1998, Robert C. Salisbury was Executive Vice President and Chief Financial Officer of Pharmacia & Upjohn, Inc., then headquartered near London. In addition to a full range of financial responsibilities, he directed corporate strategy, investor relations, public affairs and human resources.

From 1988 to 1995, Mr. Salisbury was Chief Financial Officer of The Upjohn Company in Kalamazoo, Michigan. He was involved in a number of acquisitions and divestitures, was responsible for $2.5 billion in employee benefit and tax advantaged investment portfolios, participated in the negotiation of a joint venture in Portugal and served on the boards of directors of a joint venture in Japan and insurance companies in Bermuda.

Bob's work experience includes 24 years in various financial positions with an S&P 500 pharmaceutical company and two years as a corporate lending officer at a large regional bank. He earned Bachelor of Science and Master of Business Administration degrees and was a member of Beta Gamma Sigma, the national business honorary society. He also was an officer in the United States Air Force serving six years on active duty and fourteen years of reserve service.

Bob is a member of the Financial Executives Institute, the National Association of Corporate Directors, and the National Investor Relations Institute. He serves on the Board of Directors of Viragen, Inc. and is a past director of the Allendale Insurance Company, the Kalamazoo Institute of Arts, and the Greater Kalamazoo United Way.

Christine Gibbons, MBA, Fund AdvisorChristine Gibbons, MBA
Fund Advisor

M. Christine Gibbons, currently serves as Chief Financial Officer of Sensicore, Inc., an applied technology company with lab-on-a-chip sensor products. Ms. Gibbons was formerly Vice President of Finance for Sensicore's primary investor, Ardesta, LLC, an investor focused on bringing small tech products to the global marketplace.

Prior to joining Ardesta, Chris was a Partner and CFO of Seaflower Ventures, an early stage biomedical venture capital firm. With several years of experience working with emerging companies in Michigan and Massachusetts, Chris specializes in developing high growth businesses. As an investor and venture catalyst, she has provided hands-on operating support to several portfolio companies in financial modeling and reporting, financial management and controls, human resources, administration and risk management. Over the past eight years, she has been an integral part of a team that launched thirteen new companies, raising over $45 million in start-up capital for these ventures.

Prior to joining Seaflower in 1996, Chris served as CFO and Director of Finance for five years at MBI International (formerly the Michigan Biotechnology Institute). Prior to MBI, she spent six years at Nucleus Corp., a firm which engineers and builds test equipment, and two years at Ernst & Young. She holds an MBA from Wayne State University and a BA from Michigan State University.

Steven J. Aschleman, MBA, Fund AdvisorSteven J. Aschleman, MBA
Fund Advisor

Steve most recently held the position of Vice President Corporate Services for Pharmacia Corporation (now Pfizer) headquartered in Peapack, New Jersey. His responsibilities included oversight of the global real estate and facility infrastructure and the management of internal services including aviation, travel, conferencing, health and safety and engineering.

Steve began his career with The Upjohn Company in 1977 as part of the Treasurer's Development program. Following various US and international financial management assignments he was appointed Corporate Treasurer in 1994. Following the merger between Upjohn and Pharmacia he was appointed Vice president of Finance for the Pharma Product Center headquartered in Kalamazoo Michigan. His responsibilities included P&L planning and control for R&D, manufacturing, and strategic marketing and oversight of financial shared services for the U.S.

Steve received his BS degree in Business Administration and Finance from Indiana University in 1975 and his MBA from Indiana in 1977. Within the Kalamazoo community, Steve is a Trustee of Arcadia Institute and past board member of Community Advocates and the Local Initiatives Support Corporation (LISC).

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