Have you recently been promoted, moved to a new company or have other business related news you would like to share with your fellow FEAT members? Please send your news release to us at to be included in next month's newsletter.

May 2017  

Welcome New Members

Welcome to our newest FEAT member, Paul Zaman, Vice President of Finance at SynCardia Systems, LLC.

Paul Zaman leads the finance and accounting team at SynCardia and brings more than 11 years of experience in financial services. Over the last five years, he has held significant financial planning & analysis (FP&A) roles in both SynCardia and Springleaf Financial Services (currently OneMain Financial). Mr. Zaman has led his FP&A teams on several private equity raises totaling over $20 million as well as helping to secure multiple debt instruments of over $30 million in his career. Recently, Mr. Zaman has led his team through an asset purchase and acquisition of the company by Versa Capital Management, LLC. Mr. Zaman received a BS degree in finance from Metropolitan State University of Denver in 2005 and an MBA from the Eller College of Management at the University of Arizona in 2011.

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Member News

Andrea Randall and her family will be moving to the Scottsdale area in the coming months. She has accepted a position as the CFO for Desert Mountain Club. Named a Platinum Club of America by Club Leaders Forum and ranked among the top 10 private clubs in the country, Desert Mountain is the only private club in the world with six Jack Nicklaus Signature Golf Courses.

After nearly eleven years as the CFO/COO, Andrea is saying goodbye to Tucson and The Lodge At Ventana Canyon Golf Racquet Club.

Please join us in congratulating Andrea and wishing her all the best!

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Calendar of Events

Economic Outlook

Please Join Us

Tucson is well positioned to grow next year, but what risks lurk beneath the surface that might cause a downturn? What are the opportunities for faster gains? 

Join us for breakfast with George W. Hammond, Ph.D., Director and Research Professor, Eller Economic and Business Research Center, and Gary Wagner, Ph.D., Vice President and Senior Regional Officer, Federal Reserve Bank of Cleveland, as they offer analysis and insights on what to expect for Arizona and Tucson in the future.

Event Date: Wednesday, May 31, 2017 - 6:30 amto 8:30 am

Location: Westin La Paloma Resort & Spa 3800 East Sunrise Drive Tucson, AZ


George Hammond
George W. Hammond, Ph.D.
Director and Research Professor,
Economic and Business Research Center

Gary Wagner
Gary Wagner, Ph.D.
Vice President and Senior Regional Officer, Cincinnati Branch
Federal Reserve Bank of Cleveland

Event Details

Wednesday, May 31, 2017
Registration: 6:30 a.m.
Breakfast: 7:00-8:30 a.m.

Westin La Paloma Resort & Spa 
3800 East Sunrise Drive 
Tucson, Arizona

Cost: $40 per person on or before May 17( $45 after May 17) 
or $400 for a table of ten on or before May 17 ($450 after May 17)

Tucson’s job growth accelerated last year, hitting its fastest pace in four years. While that is great news, overall economic gains remain slow compared to the state and the nation. Nationally, uncertainty has ratcheted up in recent months, with the new federal administration taking strong stands on trade, immigration, taxes, and regulatory policy. In addition, the state of Arizona has begun a series of substantial increases in the minimum wage. What do these changes mean for national, state, and local growth? 

The U.S. dollar rocketed up against the Mexican peso after the election, hitting a new all-time high. The strong dollar has contributed to reduced state merchandise exports and perhaps less Mexican visitor spending in Arizona. Where is the U.S. dollar/peso exchange rate headed next and what will it mean for our economy? 

Housing construction rebounded last year, driven in part by modest population gains. Housing prices continued to rise at a solid pace. Will Tucson population growth accelerate next year? Or is reduced residential mobility here to stay? 

The Federal Reserve has begun to raise interest rates. Where are rates headed next and what will that mean for the economy and your business? 


Register by May 17, 2017 for the early bird rates of $40 per person or $400 for a table of ten.

Please note that no portion of your individual ticket or table payment qualifies as a charitable contribution. There will be no refunds after May 19, 2017. Refunds are not available for no-shows.


For more information, please contact us at 520.626.9137 or

Sponsored by

JPMorgan Chase & Co.

The Eller College Breakfast with the Economists is made possible through the generosity of JPMorgan Chase.

Additionally, JPMorgan Chase provides support for the award-winning website, the premier source for information on Arizona's economy. There you will find measures of the economy's performance, analysis by the Eller College Economic and Business Research Center, and links to important studies.

View our award-winning Arizona's Economy magazine at

Visit for the latest indicators on Southern Arizona.

Visit for the latest Arizona-Mexico economic indicators.


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