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A public bond sale is like the Super Bowl of finance.
But Erica Tillery is no stranger to tackling big challenges. After all, she quit a high-powered accounting job to move to China without knowing a word of the language to coordinate educational grants for poor Chinese children. Later, she moved to Southwest Florida without a job, eventually landing at Hodges University.
Tillery, who has been the chief financial officer at Hodges University for three years, raised $28.9 million in a public bond sale for the Naples-based university last year. She refinanced existing privately held bonds and arranged for the purchase of a new building by taking advantage of the current low-interest rate environment.
“It’s an ungodly amount of work,” says Tillery. That included dealing with attorneys, bankers, institutional investors, bond underwriters and a maze of regulatory issues. “If the first thing you have to do is hire five separate law firms, you’re in trouble,” she laughs.
In the world of accounting, a public bond sale is a huge accomplishment given the complexity of issues. “It is a very big deal,” Tillery acknowledges.
— Jean Gruss
City of residence: Estero
Birthplace: Quincy, Ill.
Years on the Gulf Coast: Five
Marital status/children: Married to Chad Tillery, six-pound miniature dachshund Trinka
Alma mater: University of Missouri
The most important business lesson I’ve learned: Hire good people and take good care of them. The success you will achieve is directly linked to the quality of your supporting team.
Favorite off-hours activity: Home renovation
What’s at the top of your bucket list: Visit Normandy invasion beaches.
Best place to network: Hodges University events. Thelma Hodges not only knows everyone, she has a good story to share about them as well.
Coolest business experience: University’s first public bond issue.
One website that makes your job easier: IRS.gov
One community group you’re most involved with: Summit Church in Estero
Two people, dead or alive, you’d like to have dinner with: Winston Churchill, Sheryl Sandberg
Best award you ever received: Poem written by my sister (who has since passed) when she was in second grade naming me as her hero.
Most adventurous thing you’ve ever done: Moved to China with two suitcases, speaking one word of Chinese and not knowing a single person.
What new skill would you like to learn: I would like to continue learning new languages.
Who would play you in a movie about your life: My friends say Renée Zellweger because they think she looks a little like me. I don’t see it, though.
If I had a magic wand I’d: Widen Corkscrew Road in Lee County.
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