Ingrams September 2023
Terry Dunn FOUNDER, DD RANCH LEAWOOD
Peggy Dunn MAYOR, CITY OF LEAWOOD
Dunn starts his days investing in his faith life, beginning at 4:20 a.m. with prayer, followed by daily Mass. Then it’s on to looking after the businesses he has put his faith in as an investor (he foresees several of those investments growing very fast in 2024). His DD Ranch Leawood provides a business home for senior execs like himself who have retired from major companies and are actively engaged as investors, directors and entrepreneurs in corporate, civic and charitable initiatives.
Mayor of Leawood since 1997—and counting down the days of that tenure—Peggy Dunn is proud to be celebrating Leawood’s 75th anni versary of incorporation. She wants everyone to know the celebration year isn’t over. “Although there have been a number of initiatives to commemorate this monumental event, there will be an entire weekend celebration beginning on Oct. 6 with the Leawood Chamber’s Taste of Leawood, followed by two days of family-friendly activities on Oct. 7-8.”
COLLEGE: B.A., University of Missouri-Kansas City RECESSION ODDS: “As an eternal optimist, I’ve become increasingly more of the opinion that there will not be a recession between now and the end of 2024.” KC’S NEXT BIG THING?: “It’s time to stop talking about a new Downtown baseball stadium for the Royals and actually move forward. I can’t think of a better Next Big Thing!” ON THE NEW KCI: “My entire family had the pleasure of flying out of KCI early this summer. It was just as awesome as I’d been told. Lunch at Meat Mitch before our flight departed was an added bonus. Absolutely loved all of the public art! Upon return, our airport pickup was smooth and without a hiccup!” SALUTING MENTORS: “One lady with whom I had the pleasure of serving on a number of boards was Adele Hall. Her grace, humility, and wisdom were always inspirational and taught me a great deal.” LEADERSHIP: “I think that being an attentive listener should comprise 90 percent of communicating.”
RECENT ACHIEVEMENTS: “Many of my entrepreneurial investments in smaller businesses are focused on managing risks and surviving in a difficult environment. Capital investment is difficult in 2023.” RECESSION ODDS: “We will continue to see a correction in inflation in 2024. The risk of a major recession has been reduced. The potential for a recession has been reduced to 25 percent.” NEXT BIG THING?: “We have to build our image to be a safe and secure community for all citizens of Greater KC. We have much to do. This issue is holding back our potential as a great place to live and work.” ON THE NEW KCI: “I am very proud to have KCI as the Front Door to our community.” SALUTING MENTORS: “I have had four great mentors in my life. Bill Dunn, construction manage ment mentor. Bob Long, finance and corporate governance. Woody Overton, governmental affairs and politics. And Peggy Dunn, my wife and lifetime coach.” LEADERSHIP MUST-HAVES: “Strong moral compass. Empathy, integrity, trust and persistence.”
Timothy Dunn CHAIRMAN/CHIEF INVESTMENT OFFICER, JE DUNN CONSTRUCTION The past year has been one of record growth and some large proj ect wins nationwide but in true Dunn fashion, Tim Dunn focuses on the people who make it all happen. “It’s what we continue to foster around people and culture at JE Dunn,” he said, “that retains and attracts some of the most talented people in the industry.” Keeping that atmosphere alive is something Dunn is very proud to accomplish.
Melinda Estes PRESIDENT/CEO, SAINT LUKE’S HEALTH SYSTEM
One of the highlights of the past year for Melinda Estes happened outside Saint Luke’s walls. “Our launch and expansion of ‘Saint Luke’s Hospital In Your Home’ has been a game-changer,” she said. “We’re treating certain patients at home with a hybrid model of 24/7 virtual care and daily in-home visits. Calling it an exciting step for ward, Estes added, “Our patients have been thrilled to be able to receive high-quality care in the comfort of their homes.”
2022 REVENUES: $5.83 billion COLLEGE: B.S.B.A, Accounting, University of Richmond; M.A., Entrepreneurial Real Estate, UMKC RECESSION ODDS: “Probably around 50 percent on a recession, but appears that a soft landing is more likely, or a shallow recession.” KC’S NEXT BIG THING: “The South Loop project park will be a game-changer for Downtown, and a great attraction to the live/work/play Central Business District and the Crossroads. There’s also Downtown baseball and the impact to the city.” ON THE NEW KCI: “Excellent. Very positive impression as a front door for our city.” SALUTING MENTORS: “I try to have several mentors and learn from them all. Being authentic, always curious/learning, be humble are some of the key lessons I continue to see as consistent traits from my mentors.” MORNING READ: “ The Wall Street Journal or CNBC.”
2022 REVENUES: $9.14 billion COLLEGE: B.S., Sam Houston Univ; M.D., University of Texas Medical Branch; MBA, Case Western Reserve Univ. MENTOR: “I had an early mentor—the CEO of the hospital where I was serving as a senior VP for clinical affairs and CMO—who shared two pieces of advice that I continue to pass along to others as valuable life lessons: ‘Hug the thing that scares you the most. Get close to it. Embrace it until it’s not so scary any more.’ The second piece was, ‘Don’t let the perfect be the enemy of the good.’ Both have served me well.” LEADERSHIP: “First, good leaders come from good people. Period. That’s essential. Beyond that, I look for those who have embraced opportunities to learn, whether it’s being placed on the smallest committee in an organization or chairing a multifaceted, cross-functional strategic task force. They’re the ones who don’t wait for the ‘perfect’ opportunity but, instead, recognize that careers are made through a series of opportunities and roles that—when done well with integrity, skill, and kindness— will lead to more responsibility, more opportunities, and more success.”
Bill Ferguson PRESIDENT/CEO, CENTRAL BANK OF THE MIDWEST Bill Ferguson has found the sweet spot any banking executive would rel ish: Being small enough to brand yourself as a community bank, all the while enjoying the financial muscle you’d expect from one of Missouri’s biggest banking enterprises, Central Bancompany. His Central Bank of the Midwest is the third-largest locally based bank in this region, with $3.25 billion in assets, and recently, a signature achievement has been the inclusion in Newsweek’s Best Customer-Service Bank lineup.
Dan Funk CEO-DESIGNATE, ASSOCIATED WHOLESALE GROCERS With David Smith’s planned exodus at the end of the year, Dan Funk will climb behind the wheel at AWG, which is coming off a record- setting year—revenues were up nearly 13 percent last year for the nation’s largest retailer-owned grocery cooperative and the region’s third-largest company. The company is a pillar of the regional agri business sector, supplying more than 1,100 member companies with more than 3,400 retail locations in 31 states.
COLLEGE: B.S., Finance, University of Nebraska-Lincoln; Executive MBA, Entrepreneurship/Finance, UMKC RECESSION ODDS: “I think we have more than a 50 percent-plus chance of a recession by the end of 2024.” KC’S NEXT BIG THING: “Continue to promote Downtown as a safe and vibrant environment in an ticipation of the World Cup.” ON THE NEW KCI: “It is very impressive and easy to use. I am also proud of our region for making this happen. … KC really grew up with the opening on the new KCI.” LEADERSHIP HIRING TRAITS: “A proven ability to collaborate up/down/and side to side.” WHAT CHARITY WOULD YOU START?: “Better services for adults with Down syndrome.” EMPLOYEES: 450 in the Kansas City area, more than 3,000 with parent Central Bancompany, and “at this time, we are planning to increase staffing levels,” Ferguson says.
COLLEGE: B.A., Marketing, University of North Dakota; Cornell Johnson Graduate School of Management NEXT BIG THING: “Continued focus on building KC as a growing and thriving business community. Several larger companies have moved, downsized, or, in some cases, sold or stopped doing business. The impact within the region is significant in attracting and retaining families, team members, and future talent to the region.” SALUTING A MENTOR: “At various stages of my career, leaders have invested their time and talent in me. As a young team member, the president of my business unit came to meet me in my cube, and we discussed a business opportunity. The fact he came to see me in my workspace and genuinely was seeking my input, advice and feedback was a leadership lesson I have not forgotten. That single visit and outreach by Mike Jackson led to a career-long mentorship, which I have always cherished.” MOST-ADMIRED: “Indra Nooyi, former CEO of PepsiCo. She built an amazing team and company all while being approachable to the customers she served.” BEST BUSINESS BOOK: “ Good to Great , by Jim Collins.” LEADERSHIP: “Building strong working relationships grounded in integrity and trust are so important.”
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I n g r am ’ s
September 2023
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