Posted on Mar 8, 2005

Three Union grads named to '40 Under Forty' list of
top execs in region

Three Union
College alumni – Ted Eveleth '87, Kate Hedgeman '96, and John Vero '97 – have
been selected as young area business leaders in the annual “40 Under Forty”
recognition contest.

The program,
now in its fifth year, recognizes outstanding members of the business community
under the age of 40. The list of winners includes entrepreneurs, CEOs, bankers
and small business owners from companies throughout the Capital Region.

 Selections
were made by a panel of area business leaders from nearly 200 nominations.

Ted Eveleth

Eveleth is
president and chief executive officer of Cyclics Corp., an innovative
manufacturer of plastic products based in Schenectady and Schwarzheide, Germany. After graduating from Union with a degree in economics, Eveleth received an MBA from Cornell University and worked for companies in Boston and Washington, D.C. Upon returning to
the Capital Region, he founded Cyclics with former Union classmate (and 40
Under Forty recipient) John Ciovacco.

Cyclics has
grown from a 5-person company to one with nearly 100 employees on two
continents and a $40 million production plant. It was named The Business
Review's
Most Promising New Enterprise in 2003 and the Schenectady Chamber
of Commerce's Outstanding New Enterprise in 2002. Eveleth has encouraged
employee involvement in the community through participation in United Way and with Junior Achievement.

Kate Hedgeman

Hedgeman, a
native of Albany, graduated magna cum laude from Union with a degree in
political science. After working for a year in Washington, D.C. in government
relations, she returned to attend Albany Law School. She received a Juris
Doctorate degree in 2000 from Albany Law, where she was an associate editor of The
Albany Law Review
and awarded the Dominick Gabrielli award for excellence
in Appellate Moot Court.

Hedgeman is currently
an associate attorney with the Albany law firm of Hiscock & Barclay, LLP,
where she practices in the areas of commercial and civil litigation municipal
law and government relations. She is a recipient of the 2004 New York State
Multiple Sclerosis Society Corporate Achievers award for excellence in
community service. She also founded GenNEXT, a business council of the
Albany-Colonie Regional Chamber of Commerce for business professionals ages
23-40.

John Vero

Vero graduated
from Union with a degree in political science and went on to receive a Juris
Doctor from Albany Law School. He is currently an associate at Whiteman
Osterman & Hanna in Albany as a member of the firm's corporate practice
group, commercial real estate practice group, heathcare practice group and
governmental relations practice group. While at Albany Law, Vero was a member
of the National Moot Court Appellate Team and managing editor of research and
writing for the Albany Law Journal of Science and Technology. He is also a
former member of the School's board of trustees (2000-2003).

Vero is currently
a member of the board of associates at The College of Saint Rose in Albany and a member of the Union College Alumni Council. In addition, he is vice chair and
steering committee member of the GenNEXT Council and a member of the Board of
Managers of the Albany YMCA.

40 Under Forty
is sponsored by the Capital District Business Review, Fox 23 News and Key Bank.
Winners will be recognized at a luncheon on May 5 at the Crowne Plaza in Albany.