Pacemaker Awards to honor businessman, outstanding UT students

March 22, 2012 | Events, UToday
By Bob Mackowiak

The University of Toledo College of Business and Innovation and the Business Engagement and Leadership Council will recognize business and academic excellence during their annual Pacemaker Awards Friday, March 23, at 6:30 p.m. at the Inverness Country Club.


Each year the prestigious Pacemaker Award recognizes an individual for outstanding achievement in business as well as contributions to the community and the University. The 2012 recipient of the Business Pacemaker Award is William J. Carroll, a member of the Board of Directors of Graco Inc. and former president and chief operating officer of Dana Corp.

“William Carroll’s highly successful career, community involvement, and outstanding integrity and leadership in the regional business arena make him the ideal business professional to receive this year’s Pacemaker Award, the college’s highest honor,” said Dr. Thomas G. Gutteridge, dean of the UT College of Business and Innovation. “As a UT College of Business alumnus, current member and a former chair of the UT Business Engagement and Leadership Council, Bill continues to live his deep personal commitment to the college and its important activities within the business community.”

Carroll, a member of the United States Marine Corps Reserve for six years, obtained his bachelor’s degree in accounting at UT and completed an advanced management program at Harvard Business School. At Dana Corp., he held several key positions, including president and chief operating officer from 2003 to 2004.

Carroll also has been director of economic and community development for the city of Toledo; chief executive officer of Limo-Reid Inc.; and principal of Highland Jebco LLC, where he is a consultant.

In addition to his involvement with the UT Business Engagement and Leadership Council, Carroll is a trustee of Lourdes College, chair of the Lucas County Port Authority, and a member of the Toledo-Lucas County Convention and Visitors Bureau. He and his wife, Cathy, have four children.

Academic Excellence Pacemaker Awards are presented to UT College of Business and Innovation graduate and undergraduate students for their outstanding academic achievement, University and community service, and leadership.

The 2012 student Pacemakers are: Accounting — Shane Sobczak and Lauren Stuck; Finance — John Doncaster and Colin McHugh; Information Operations Technology Management — Stephen James and Lindsay Vollmar; Marketing and International Business — Adam Covault and Rachael Kravitz; Management — Michael Schaffer and Sydney Smith; MBA — Kyle Kickbusch; Executive MBA — Eric Benington; PhD — Vafa Saboorideilami; Dean’s Office — Frank Lindsay-Pangalos (MIB) and Thomas Schwann (EMBA).

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