Congratulations to the inaugural winners of prizes awarded to two graduating Kalamazoo College seniors majoring in business based on achievement of select criteria established by the Rhoa family and administered by the faculty of K’s Department of Economics and Business.

The winner of The Robert and Karen Rhoa Prize in Business for 2016 is Olivia Cares ’16, a Dexter, Mich., native who majored in business and minored in French. Her Senior Individualized Project, or SIP, evaluated the contribution to the legal concept of crimes against humanity by the 1990s trials of René Bousquet, Paul Touvier and Maurice Papon, three French officials tried retroactively for their involvement with the Final Solution in Vichy France during World War II. Olivia will attend law school at the University of Michigan this fall.

The winner of The Robert and Karen Rhoa Prize for Outstanding Senior Individualized Project in Business for 2016 is Christopher Monsour ’16, a St. Clair Shores, Mich., native who majored in business at K. His SIP, titled “Measuring Value: Underwriting Distressed Real Estate,” is a direct reflection of his experience working at a real estate private equity firm during his junior year at K. His work there included an in-depth analysis of the traditional valuation theories and methodologies used in the real estate asset class that he then applied to the valuations of two differing properties located in Colorado and Michigan. Christopher has taken a job as an analyst for Bloomfield Capital, a real estate private equity firm located in Birmingham, Mich.

The Rhoa family are founders, owners and operators of Lake Michigan Mailers, Inc., a Kalamazoo-based company offering a complete menu of document creation, mail assembly, mail processing, presorting, data management, digital marketing, and distribution solutions to companies, schools, colleges and universities, health care providers, governmental entities and organizations throughout the world since 1977. David Rhoa ’90, president, is a K alumnus and a visiting instructor in K’s Department of Economics and Business.

Congrats, Olivia and Christopher! Thank you, Rhoa family!