Pete Kadens to speak at Joseph Magliochetti Leadership Summit
Entrepreneur & philanthropist recently pledged to cover tuition costs
for Scott High School students

Lourdes University’s College of Business & Leadership presents the 8th annual Joseph M. Magliochetti Leadership Summit – Business as a Noble Profession: “Northwest Ohio Community Change – Improving Our Region Requires US to Improve the Condition of Our Youth” on Wednesday, March 18, 2020 at 11:30 a.m. at the Sylvania Country Club, 5201 Corey Rd. This year’s speaker is Pete Kadens who recently pledged to cover tuition costs for Scott High School students. Lourdes University is the only private higher education institution included in Mr. Kadens pledge.

The event features a seated lunch, networking opportunities and remarks from guest speaker Pete Kadens. Tickets are $50 per person. Sponsorships and VIP tickets are available. Tickets can be purchased online at https://events.idonate.com/jmmls20. Individuals can also reserve tickets with Abbie Hall, Advancement Events Coordinator, at 419-824-3751 or ahall@lourdes.edu.


The Magliochetti Leadership Summit serves as a catalyst for the region’s businesses to engage and encourage leaders to accept the challenge of leading in a socially responsible manner. The Leadership Summit honors the work of former Chairman and CEO of the Dana Corporation, Joseph M. Magliochetti. The Magliochetti family established the Endowed Chair of Business & Finance which helps provide a values-centered education to Lourdes’ business majors.


Peter Kadens

A serial entrepreneur and dedicated philanthropist, Pete Kadens currently serves as the chairman of The Kadens Family Foundation, a charitable organization dedicated to closing the pervasive wealth and education gaps in the US. In January 2020, he pledged to cover the cost of college tuition, room, board and fees for graduating Scott seniors seeking to attend Lourdes University or public universities or trade schools and to extend the same offer to one parent or legal guardian of each graduating student.


Mr. Kadens retired in August 2018 as CEO of Green Thumb Industries, one of the largest publicly-traded, legal cannabis operators in the US with a current market capitalization of over $2 billion. Prior to Green Thumb Industries, in 2008, he started one of the largest commercial solar companies in the US, SoCore Energy. Under his leadership, SoCore expanded operations into 17 states and was named one of Chicago’s most innovative businesses by Chicago Innovation Awards.


In 2013, Kadens sold SoCore Energy to Edison International, a Fortune 500 energy holding company. He employed over 4,000 people and created billions in shareholder value over his 16-year career as a CEO. Believing and actively leading organizations that seek to transform lives and strengthen communities, Mr. Kadens served as a chairman of StreetWise (2009 – 2018), one of the largest homeless aid organizations in Chicago.


The Ottawa Hills native who now resides in Chicago was awarded the Trailblazer Chicago Award by The Cara Program in 2019; The Catalyst Man of the Year by Streetwise in 2015; and The Distinguished Alumnus for Citizenship in 2010 by his college alma mater - Bucknell University - where he earned his Bachelor of Arts in political science. He was also named one of the 40 Under 40 by Crain’s Chicago Business in 2012.


In 2019, Mr. Kadens was named a Henry Crown Fellow of the Aspen Institute, a fellowship that accepts roughly 20 individuals from around the world each year who have been identified as having the capacity to create ventures that solve society’s intractable problems.


Lourdes University

Rooted in the Catholic and Franciscan tradition, Lourdes University is sponsored by the Sisters of St. Francis, and offers baccalaureate degrees in a variety of academic majors as well as graduate degrees in business, education, nursing, organizational leadership, social work, and theology. Community outreach programs include the Appold Planetarium and Lifelong Learning. A member of the National Association of Intercollegiate Athletics, Lourdes students can also compete in a variety of men’s and women’s sports. Named a “Best in the Midwest” college by the Princeton Review, Lourdes University is a nationally accredited, veteran and transfer-friendly institution offering a variety of student scholarships. Explore the possibilities online at www.lourdes.edu or by phone at 419-885-3211. 

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