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Peter Jones
CEO
Peter Jones joined Prime Advantage as CEO in May of 2002. Peter has helped direct small to midsize companies in the training, consumer electronics, e-commerce software and services, healthcare, and distance learning industries. Most recently, Peter was CEO of Stratys Learning and a Trustee of its sister company, National Technological University. Together, the companies were the nation's largest distance learning university with a focus on graduate level technical education.
Peter has also consulted to top management of companies in industries including financial information, lumber, software, trucking and pharmaceuticals. He has taught in the executive education programs of Duke (Fuqua) and Dartmouth (Tuck) Business Schools. Peter has an MA in Mathematics from Oxford University and an MBA from Harvard Business School.
In his spare time, Peter is an avid competitor in field hockey. He plays at the International level and captained the USA team for the Indoor Field Hockey World Cup.
Louise O'Sullivan
President & Founder
Louise O’Sullivan founded Prime Advantage in 1997, following a 22-year management career in industrial manufacturing. Prime Advantage is a manufacturer's buying consortium. Prior to Prime Advantage, she was president of Groen / A Dover Industries Company, a manufacturer of commercial food service and industrial processing equipment, a position she held for more than 12 years. A former elementary school teacher, she joined Groen in 1975 as a part-time writer in their advertising department. During the next 10 years she rose rapidly through the ranks, serving as Vice-President of Sales, Marketing and Engineering immediately before being appointed President in 1985.
O’Sullivan has a distinguished history as an industry leader. She is past President of NAFEM (the North American Association of Food Equipment Manufacturers) - a national trade association with over 700 corporate Members, and past member of the Illinois Racing Board. Louise is the 2005 winner of NAFEM’s highest honor, the William W. Carpenter Award, Louise currently serves on the boards of Taylor Capital Holdings, the parent company of Cole Taylor Bank, and The Entrepreneurial Advisory Board for the University of Chicago’s Graduate School of Business. She was Vice President of the University of Chicago’s Executive Program Alumni Club, and a recipient of the “Pacesetter of the Year” award for Women in Marketing.
O’Sullivan and her career are referenced in General Managers in Action, 1992, by Harvard Professor Frank Aquilar. She is also noted in Managing Corporate Ethics, published in 1994 by Oxford University Press, and in Lessons in Leadership by Charles Bernstein, 1993. In 1987, Harvard Business School published a case study on O’Sullivan and her management challenges at Groen. The study is currently in use at U.S. universities.
She holds an MBA from the University of Chicago; an MA from Northeastern Illinois University; and a BA from the College of St. Teresa in Winona, MN.
Terry
Rice Vice
President, Finance
Terry Rice was promoted to V.P. Finance in August 2002. He joined Prime Advantage in January 2000 as Treasurer/Controller and has been instrumental in setting up systems and procedures for the company's financial operations.
Terry brings over 20 years of financial management experience in industrial manufacturing, construction and engineering, retailing and service industries to Prime Advantage. His manufacturing background includes 13 years of experience in foodservice equipment manufacturing.
He graduated from Northern Illinois University with a BS in Finance/Accountancy.
Dan
Grant
Vice President,
Sales
Daniel Grant joined Prime Advantage in March 2000 as Regional Account Manager, and was promoted to Vice President, Sales in 2006. Since coming on-board, Dan has played a large part in the ongoing recruitment of high quality Members and Suppliers to Prime Advantage. Prior to Prime Advantage, Dan worked as Sales Manager for a boutique consulting firm servicing trade associations and computer user-groups. His manufacturing background includes two years as Assistant Marketing Manager for Groen / A Dover Industries Company.
He graduated with a BS in Consumer & Family Science from Purdue University. Dan is currently pursuing his MBA from Lake Forest Graduate School of Management in Lake Forest, IL.
Sheila
McDonald
Vice President, Business Development
Sheila McDonald joined Prime Advantage in 2001 as Director of Business Development, and was promoted to Vice President in 2006. Sheila's responsibilities include new business development, overseeing Supplier Development, recruiting new Members in the Western United States and overseeing Member & Supplier Services. Prior to joining Prime Advantage Sheila was an Associate at Lehman Brothers in New York in the High Yield Syndicated Loans division. She was also an Associate at Donaldson, Lufkin & Jenrette in the High Yield Loan Syndications and Trading Group.
Sheila received her AB in Government from Georgetown University and her MBA in Finance from the Leonard N. Stern School of Business at New York University.
Mike
McDonald
Director, Member
Recruitment
Mike McDonald joined Prime Advantage in 2000 as a Regional Account Manager responsible for the Southeastern region of the United States. As Director of Member Recruitment, Mike has played a large role in the quality and growth of new Members in the buying group. Mike's responsibilities include overseeing the entire recruiting process, new business development, and creating, implementing and monitoring specific marketing strategies. Prior to joining Prime Advantage, Mike was a Regional Sales Manager for Welded Tube Company of America. He also spent 4 years in sales and management positions with the financial services division of Bank One.
Mike received his BBA in Marketing and Business from Grand Valley State University and his MBA from the Mendoza College of Business at the University of Notre Dame.
Derrick
Peavy
Director, Supplier Development
Derrick Peavy started with Prime Advantage in the Supplier Development department in 2000. His responsibilities as Supplier Development Director include recruiting suppliers, maintaining and strengthening supplier relationships, and negotiating contracts. Prior to Prime Advantage, Derrick served as the Manager of Chapter Relations with the Turnaround Management Association and as the Director of State and Affiliate Relations with the National Roofing Contractors Association.
Derrick also has an extensive background in politics and state government. He worked for five years for Illinois Speaker of the House, Michael Madigan as a member of the Issues Development Staff and also for the Democratic Party of Illinois. He also has run numerous political campaigns which included overseeing state representative and local campaigns directing and providing support to campaign managers in designated regions of the state.
Derrick has a BA in Communications Studies from the University of Iowa.
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