Jim Jarocki

Jarocki, a 1980 graduate of Saint John's with a degree in accounting, also earned a master's of business administration degree from Harvard Business School. In 1992, he founded Stolat Partners, an investment management firm based in Duluth, Minnesota, which invests in distressed assets, mortgage-backed securities, real estate and a variety of financial derivatives. Jarocki is also chairman of the National Bank of Commerce, the largest community bank in the Duluth-Superior, Wisconsin, market.