Two business college alumni to be inducted into CBA Hall of Fame


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Two alumni of the College of Business Administration will be inducted into the CBA Hall of Fame Nov. 18. 

According to a press release from the university, Dave Underwood and the late Doug Iles will be honored for their contributions to the fields of business and entrepreneurship in their communities. Both are being recognized for their donations to the university and determination to share their experience and expertise with those they worked with.

"While at the top of their fields, (they) took time to share their successes, lessons and advice with the next generation of business leaders and the greater university community," the press release states. 

Dave Underwood founded Integral Technologies and Exacq Technologies in 1994. Both companies have been listed on Inc. Magazine's list of the 500 fastest growing private companies in America.

Selling Exacq Technologies in 2013, Underwood currently works as vice president and general manager of Tyco International's video surveillance business.

Iles, who passed away on May 30, 2016, began working for Merrill Lynch as a wealth management adviser in 1981, and formed The Iles Group seven years later. He was consistently listed as one of Barron’s top financial advisors.

During his time at Central Michigan University, Iles helped the university’s financial planning program secure certification from the Certified Financial Planning Board, making one of only three bachelor’s degree program in Michigan to be certified by the Board. As a professor, Iles was both friend and mentor to his colleagues and students.

Dan Ingles, a 2015 alumnus, was one student who fondly remembers the late professor.

“He was an incredible man,” he said. "Not only did he see value in me and decide he was willing to spend time mentoring me, he carved out so much time for all of his students.”

Iles’ son will be accepting the award on his behalf.



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