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Master of Science in Risk and Insurance
Master of Science in Risk and Insurance

MSRI Faculty

Learn from the Best

A defining characteristic of Butler’s Master of Risk and Insurance is our experienced faculty, who bring years of real-world experience to the topics they are teaching both on-campus and online.

Zach Finn

Zach FinnZach Finn is Clinical Professor and Director of the Davey Risk Management and Insurance Program at the Butler University College of Business. Previously, he was Risk Manager for The J.M. Smucker Company in Orrville, Ohio, where he managed the Corporation’s risk management program, including global insurance program design and placement, successfully settled several large claims (largest $17M+), and oversaw insurance due diligence and integration for nine major mergers and acquisitions, including the $3.3 billion acquisition of Folgers Coffee.

Leveraging his experience at Smucker, Zach continues to provide Product Recall Crisis Response and Pre-Incident Training Services for numerous small, medium, and Fortune 500 food and beverage clients across the United States and Canada.

Prior to joining Smucker, Zach worked in the Risk Management Departments at NCR Corporation in Dayton, Ohio and Hillenbrand Industries (Hill-Rom) in Batesville, Indiana (including a successful rotation as Hillenbrand’s benefits manger).

Zach has published articles on several topics, including product contamination risk, protecting corporate goodwill and brand equity, enterprise risk management, and risk management consulting.

Zach received his bachelor’s degree in Insurance and Risk Management from Indiana State University, a master’s in Risk Management and Insurance from Florida State University, and the Associate in General Insurance (AINS) and Associate in Risk Management (ARM) professional designations from the American Institute for Chartered Property Casualty Underwriters.

Victor Puleo

Victor PuleoVictor Puleo is the Davey Chair of Risk Management and Insurance in the Lacy School of Business at Butler University. He earned a doctorate in Risk Management and Insurance at Florida State University. Victor has articles published in the Journal of Insurance Issues, Risk Management and Insurance Review, Managerial Finance, and Best's Review.

Victor is a Certified Insurance Counselor (CIC) and Certified Financial Planner™ Certificant. He is an Educational Consultant (1994) and National Faculty Member (2008) for the Society of Certified Insurance Counselors. Victor is a member of the Board of Directors and Chair of The National Alliance Research Academy.

Prior to being named the Davey Chair of Risk Management and Insurance, Victor was an Associate Professor of the nationally ranked Insurance and Risk Management program at the University of Central Arkansas (UCA). Students from UCA were the first in the country to be conferred the University Associate Certified Insurance Counselor (UACIC) designation. The UACIC designation was created to give college students pursuing an Insurance and Risk Management undergraduate degree the opportunity to attain a new level of professionalism through advanced practical education while in college. This designation is a program of the National Alliance Research Academy.

Craig Caldwell

Craig CaldwellSince 2007, Craig has served as an Associate Professor of Management in the Lacy School of Business at Butler University. He is currently the Associate Dean of Graduate and Professional Programs. He teaches MBA and undergraduate courses in Strategy, Leadership, and Organizational Change. Craig has won six teaching awards and two advising awards. He is the Chair of Graduate Council and his past roles include the Faculty Annual Evaluation Committee and Department Chair for Marketing and Management.

Craig’s consulting and executive education activities focus on strategy development, leadership, and organizational change. He has worked with client firms in logistics, manufacturing, food service, life-sciences, and architecture. In addition to strategy development, Craig's leadership works include human capital strategy, employee engagement, and building high-performance teams.

Craig's research includes academic articles in Business and Society, Journal of Leadership and Organizational Studies, The Monitor, Business and Society Review, Management Accounting Quarterly, and Journal of Corporate Citizenship.

Craig holds a doctorate from University of Pittsburgh, an MBA from Virginia Tech, and a bachelor’s degree from Anderson University.

Kevin Thompson

Kevin ThompsonKevin Thompson is currently an Adjunct Professor with the Davey Insurance and Risk Management Program at Butler University. Kevin serves as CEO and CFO of Butler’s MJ Student-Run Insurance Company Ltd., domiciled in Bermuda. Kevin also instructs our insurance law curriculum.

Kevin was previously of counsel to Plews Shadley Racher & Braun LLP, and President of Insurance and Risk Management Services LLC.

Prior to joining Plews Shadley Racher & Braun, Kevin served as Director of Corporate Risk Management for Eli Lilly & Company at its corporate headquarters. Kevin’s experience prior to Lilly included risk management responsibilities for Mayflower Group Inc., a global transportation company; Chief Financial Officer and Treasurer for Monroe Guaranty Insurance Company; and financial and budget analyst responsibilities for Chrysler Corporation.

Kevin received his undergraduate and MBA degrees from Indiana University in Bloomington, Indiana, and his juris doctor from the Indiana University McKinney School of Law in Indianapolis and is licensed to practice in Indiana.

Thomas A. Hanson

Tom HansonTom Hanson primarily teaches courses in corporate finance, investments, and valuation. He is also the faculty advisor for the Financial Management Association (FMA). He received his doctorate from Kent State University, an MBA from the University of St. Thomas, a master’s degree in Applied Statistics from North Dakota State University, and a bachelor’s degree in Math and Economics from St. Olaf College. He is also a CFA charter holder.

Tom previously taught at Minnesota State University Moorhead and Cleveland State University. His research interests include market microstructure, high frequency trading, and quantitative methodology. He often publishes cross-disciplinary, co-authored work, including the book Quantitative Research Methods in Translation and Interpreting Studies (Routledge) with Dr. Christopher Mellinger.

Mauricio Melgarejo

Mauricio MelgarejoMauricio Melgarejo has a doctorate in Management with a specialization in Accounting from Purdue University, and an MBA from INCAE Business School. Before joining Butler, Mauricio worked as an Assistant Professor at INCAE Business School in Nicaragua and Costa Rica. He also did several consulting business jobs in Latin America. At Butler, Mauricio teaches Accounting Information Systems and Managerial Accounting in the undergraduate program and the MPAcc, MBA, and MSRI programs. His empirical research focuses on the impact of accounting information on capital markets in emerging economies with a focus on Latin America. He is also interested in applied analysis in accounting. His research has been published in the Journal of World Business, Journal of Contemporary Accounting and Economics, Journal of Business Research, Investment Analysts Journal, and the Journal of Accounting in Emerging Economies. In 2018, Mauricio received the LSB Dean Research Award for outstanding contributions to the advancement of Excellence in Research. Mauricio enjoys traveling around the world with his family and watching international soccer games.

Tom Faulconer

Tom Faulconer, JD, CFP®, CLU, ChFC, CPCU, CASLTom Faulconer is a lecturer of Business and of Risk Management and Insurance at Butler University and has served as a Personal Financial Counselor for active military personnel through Zeiders Enterprises, a large military contractor. He is also the owner of Transitions Financial LLC, a financial planning and advisory company primarily helping those who are in job transition, divorce, or moving into retirement.

Tom is a 1985 graduate of Butler University and a 1988 graduate of the Indiana University School of Law at Indianapolis. 

He began his career at Indiana Farm Bureau Insurance as Advanced Sales Counsel, was promoted to Manager of Agent Training, Director of Agent Development, and was named Senior Vice President and Chief Marketing Officer in 2010. Among other notable achievements during Tom’s tenure as SVP and CMO was the creation of the “Stop Knocking on Wood” branding campaign as well as securing the rights to the classic television commercials Farm Bureau ran during Indiana University and Purdue University basketball games featuring the singing janitor (IU) and the tuba player (PU).

While at Indiana Farm Bureau Insurance, in addition to continuing his legal work and education, Tom earned several professional designations including the Certified Financial Planner®, Chartered Life Underwriter, Chartered Financial Consultant, Chartered Advisor for Senior Living, and the Chartered Property and Casualty Underwriter. He also earned Series 6, 7, 63 and 26 securities registrations, served as the Office of Supervisory Jurisdiction in Indiana for EquiTrust Marketing Services (Broker-dealer), and introduced variable products to the company’s field force.

After leaving Farm Bureau, Tom formed a joint venture insurance agency and registered investment advisory firm with his former employer.

Tom is the author of two books—In The Eyes of the Law and Surviving and Thriving in the Job Search.