Who's Who in Banking and Finance - 2011

April 2, 2011

Every business sector has influential players, whether they are in the public eye or wield their influence behind the scenes. In a monthly feature that runs in the first issue of the month through October, IBJ is identifying those people in eight different categories.

This is the second installment in the series and features women and men who are key members of the city’s banking and finance sector. 


Jeffrey H. Thomasson, 52
CEO and Managing Director
Oxford Financial Group Ltd.

Jeff Thomasson founded Carmel’s Oxford Financial Group Ltd. as a sole proprietorship in 1981, right out of school. He incorporated Oxford in 1983. Today it is a registered investment advisory firm, with oversight of more than $15 billion in assets for approximately 700 clients in 35 states. Focused on success for his firm and its clientele, Thomasson devotes a significant amount of his time and expertise to the coordination and overall strategic direction of the firm.

Thomasson earned his undergraduate degree from Ball State University and then entered Indiana University’s School of Business, where he specialized in investments and taxation and was named outstanding MBA. He obtained his Certified Financial Planner designation through post-graduate study. In 2000, he received the Indiana University Kelley School of Business Distinguished Entrepreneur Award.

Beyond his work with Oxford, Thomasson enjoys his involvement with charitable organizations, as well as being a member of the Young Presidents’ Organization, World Presidents’ Organization and Chief Executives Organization. He sits on the boards of Ontario Systems in Muncie and Parkway Co. in Cincinnati. He has previously served on the boards of the Leadership Network, Union Federal Bank, Waterfield Mortgage Corp. and the Hudson Institute.

Through the Thomasson Foundation, he and his family have awarded hundreds of scholarships to students who are children of missionary families around the world.


John R. Thornburgh, 56
Ice Miller

An Indianapolis native, John Thornburgh graduated from DePauw University and obtained his law degree from the University of Illinois College of Law. He joined the local law firm Ice Miller after graduating. Today Thornburgh serves as co-chairman of the Business Group and chairman of the Sports and Entertainment Group. He represents colleges and universities in connection with collegiate sports matters, as well as businesses and individuals involved in sports and entertainment.

He regularly works with professional investors, including venture-capital funds, private-equity funds, hedge funds, mezzanine capital funds, fund-of-funds, public and private pension funds, private foundations, as well as investment advisers and angel investors.

Thornburgh has served on the boards of directors and boards of advisers for a variety of companies, including CID Equity Partners, Major Tool and Machine Inc., Pellegrino and Associates LLC and Western Reserve Partners. He speaks on topics relating to equity funds, general corporate matters and investment transactions and has had several legal articles published.

Thornburgh is chairman of Indianapolis Symphony Orchestra. He has been a member of the board of the Indianapolis Rowing Center and chairman of the DePauw University Board of Fraternal Affairs. Thornburgh is an avid boater and an enthusiastic reader and biker. He holds a second-degree Black Belt certification in Tae Kwon Do. He is married and has three children.


Jean L. Wojtowicz, 53
President and Founder
Cambridge Capital Management Corp.

When Jean Wojtowicz graduated from the University of Wisconsin, she had a choice of going home to run one of the family-owned businesses or striking out on her own. Entrepreneurial and adventuresome, like most of her family, she chose the latter and headed to Muncie to work in economic development. She moved to Indianapolis to become a partner in a mergers-and-acquisitions firm, which “seemed like a normal transition since most of the companies I was working with needed financing,” she explains.

In 1983, Wojtowicz founded Indianapolis-based Cambridge Capital Management Corp., a company that manages nontraditional sources of capital and has provided more than $494 million to more than 1,100 Indiana businesses. Cambridge currently manages the Indiana Statewide Certified Development Corp., Indiana Community Business Credit Corp., Lynx Capital Corp. and serves as the co-general partner for Cambridge Ventures LP.

Wojtowicz serves on the boards of the National Association of Development Cos., National Association of Business Development Cos. and the Indiana Department of Financial Institutions. She is president of the boards of both NADCO and NABDC.

Beyond her professional associations, Wojtowicz serves on many community boards, including Goodwill Industries of Central Indiana Inc., the Indiana Chamber of Commerce, the Greater Indianapolis Chamber of Commerce, the Venture Club of Indiana and the Indianapolis Airport Authority. She is married with one daughter and two stepsons.


David C. Worrell, 59
Baker and Daniels

David Worrell joined Baker and Daniels following his graduation from law school and has been with the firm ever since. A member of the business and corporate finance team, his expertise falls into four categories: financial institutions, securities, corporate governance and executive compensation.

Worrell has represented banks and thrifts on strategic transactions, including formation of financial institutions and their holding companies and mergers and acquisitions. He gives counsel to boards of management of financial institutions on their responsibilities under banking laws and regulations, among other things. Worrell has acted as issuer’s and underwriter’s counsel in numerous offerings of securities, private placements and venture-capital transactions. He represents companies, compensation committees and executives on executive compensation arrangements, including stock-based or performance-based compensation.

Worrell has authored seminar materials and articles on securities laws, limited liability companies, banking law, legal opinions and other subjects. He speaks at seminars on corporate governance, financial institutions and legal opinions. He has been named to “The Best Lawyers in America—Banking Law and Corporate Law from 1995 through 2011 and is in Chambers USA, a guide to leading business lawyers.

Worrell grew up in Indianapolis, attended Cathedral High School, went on to receive his bachelor’s, summa cum laude, from Wabash College and his law degree from the University of Chicago. In his spare time, he chases a 2-year-old granddaughter and makes furniture.•


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