Todd Parchman, Co-Founder and Investment Banker in the firm of Parchman, Vaughan & Co, LLC was recently elected to the Board of Trustees of the University of Maryland Baltimore Foundation, Inc. Prior to his current role, Parchman managed investment banking and served on the board of directors at Ferris, Baker Watts in Baltimore.
A Chicago native, Parchman began his career at First National Bank of Chicago’s First Scholar program and later joined Norwest Corporation as the manager of the firm’s energy banking practice. After Norwest, he founded Signet Investment Banking Company, where he served as senior managing director. A graduate of the University of North Carolina where he was a Morehead Scholar, Parchman earned an MBA from the University of Chicago.
The University of Maryland, Baltimore (UMB) was founded in 1807 and has a current enrollment of more than 6,700 students. UMB is the University of Maryland System’s professional education hub where students pursue advanced degrees from the highly ranked schools of Law, Medicine, Dentistry, Nursing, Pharmacy, and Social Work, along with the Graduate School. UMB’s 85,000 alumni serve Maryland, the nation and the world.
Garnering more than $550 million in grants and contracts annually, UMB generates 18,000 jobs and yields more than $13 in economic activity for each $1 of general fund appropriations. Together with its affiliate, the University of Maryland Medical Center and affiliated physician practices, UMB generates more than $6 billion in annual economic activity.
The UMB Foundation seeks philanthropy to support education, research, clinical care, and community engagement and is currently conducting the $750 million Catalyst Campaign. The UMBF Board is currently comprised of 31 business, professional, and community leaders from Baltimore and Central Maryland.
Parchman, Vaughan, & Company, LLC is a boutique investment banking firm and has served the education industry for 21 years. We have extensive experience in the fields of mergers, acquisitions, divestitures, and financings. We look forward to having the opportunity to discuss your future plans.