The John and Mabel Ringling Museum of Art Foundation, Inc. Board of Directors named Darrel Flanel and Jeffery Hotchkiss to the Board at their June 13 meeting.
A lifelong Sarasota resident, Flanel is a Managing Director at Bank of America Merrill Lynch in the healthcare investment banking group. He has more than 30 years of investment banking experience primarily serving non-profit hospitals, universities and cultural organizations. He has completed transactions aggregating in excess of $30 million as well as advising on mergers and acquisitions in excess of $5 billion.
Flanel has served on the board of the New York Drama League. In February 2011, the Secretary of the Air Force selected Flanel for the Air Force National Security Forum at the Air War College. In 2008, The Secretary of Defense selected Flanel for the JCOC-76 program that included study at the Pentagon followed by travel throughout the US European Command.
Flanel is also a board member of the Kaplan Service Organization, which provides a forum for education of civilian leaders on current defense topics and support of active duty military personnel. He holds a Bachelor of Science and a Master of Business Administration from Florida State University.
Hotchkiss is a retired President of Teradyne, a Boston based manufacturer of systems for the testing of electronic products. During his 38- year career at Teradyne, he has held roles in various sales, marketing, and division management positions, including Chief Financial Officer from 1997-1999.
In 2000, he founded Empirix Inc. and served as the President and Chief Executive Officer for four years, before returning to Teradyne as President of the Systems Test Group. He retired from Teradyne in July of 2012.
Hotchkiss is currently on the Board of Overseers for the Beth Israel Deaconess Medical Center and serves on the Research Oversight Committee. He is also on the board of the National Association of Corporate Directors New England Chapter and serves as the Chairman of the Audit Committee.
Hotchkiss also served on the Advisory Board for the International Master of Business Administration Program at Suffolk University and lectures at the Suffolk Graduate School of Finance. Hotchkiss has a Bachelor of Science in Mechanical Engineering from Bucknell University and a Masters in Management Science from The Sloan School at the Massachusetts Institute of Technology.