David Raymond Ph.D. ’08 has been named associate vice president and chief information security officer effective July 1, following the retirement of Randy Marchany, who had served as the university IT security officer since 2010.
As the founder of Appaloosa Management, David Tepper built his reputation through a keen eye for distressed assets, including debt instruments trading at steep discounts, and deep-value stocks that most other investors overlooked amid temporary turmoil.
Tepper’s complete exit from SNDK and GLW has been validated by subsequent price action, with both stocks dropping 28% and 35% respectively since his Q2 close.