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McHenry County News DISPLAY ADVERTISING & CLASSIFIEDS: 815-654-4850 • CIRCULATION: 815-654-4854 • E-MAIL: McHenryNews@RVPublishing.com
VOLUME 8 • ISSUE 34
11512 N. 2nd ST. • MACHESNEY PARK, IL 61115
THURSDAY, AUGUST 16, 2018
Historical Society welcomed school teacher re-enactor Guests experienced what school life was like in 1870 when “Miss Hoffman” conducted a witty and interactive “review” of the lessons her students have learned. “Teachers would have to step forward every year and prove themselves,” said living history actress and historian Elizabeth Carlson of Chicago. “Parents and the school board would come in and review the teacher, and the students were very much reviewed. The closest thing we have to that today are standardized test results.” “Little Schoolhouse on the Prairie,” took place on Sunday, Aug. 12, and provided a realistic look at life in a one-room school. “Students” will showcase their reading, writing, arithmetic and spelling skills – followed by a recess and a demonstration of old-fashioned games. “Base ball” was a popular pastime in front of the McHenry County Historical Society’s Pringle School, which hosted Sunday’s event. “I wanted to take the audience back in time. I wanted them to know what it smelled like, tasted like and felt like to be there,” Carlson said. “Everything I do is as close as I can make it. I make my own costumes. My shoes are as close as I can make them. … I want people to feel like they are really walking into a different world.” Located just west of Route 23, at 21596 River Road in Marengo, Pringle School was built in 1867 from limestone quarried at Garden Prairie and transported by wagon to land donated by the
Patterson Pringles. It operated until 1947 as an independent district, and then until 1951 as part of Hawthorn School District 17. The McHenry County Historical Society acquired Pringle School from the DiBona family of Marengo in November 2002. Donations and volunteer efforts are being utilized to restore and preserve this building, as well as include it on the National Register of Historic Places. Carlson is a historian and a performer with concentration in the domestic arts. For more than 30 years she worked as a curator in small to midsized museums. She earned a bachelor’s degree in history from Roosevelt University in Chicago and a master’s degree in historical administration and museum studies from the University of Kansas. This passion for history, melded with a theater background, enables her to have nine different female characters in her repertoire. They include Isabella Hoffman – a compilation of one-room schoolteachers. “The reason I’m able to do her at my advanced age, 56, is that she has to have been a spinster,” Carlson said with a laugh. “You weren’t allowed to be a married woman if you were a teacher, up until the 1930s. … When I started doing this character I was 27 years old. She has grown with me.” All proceeds benefited Pringle School Restoration Fund. For information visit www.gothistory. org or call 815-923-2267.
Jeff Fedorchak to retire from Brake Parts Jeff Fedorchak, vice president of global operations, will retire from Brake Parts Inc (BPI) as of Sept. 30, 2018, it was announced today by David Overbeeke, president and CEO of Brake Parts Inc. “Jeff has been instrumental in shaping BPI’s global operations footprint for over 20 years,” said Overbeeke. Jeff Fedorchak ”His manufacturing expertise and exceptional leadership allowed him to effectively manage BPI’s multiple plant operations across the globe and his extensive experience in implementing lean manufacturing techniques has provided us with a competitive advantage in the markets where we compete.” Fedorchak joined BPI in 1994 as the manufacturing manager at the former McHenry, Illinois rotor and drum manufacturing plant. In 1997, he was promoted to plant manager in the Cuba, Missouri stamping and disc pad manufacturing plant. In 2004, Fedorchak assumed the responsibilities of the director of friction manufacturing in McHenry. He was promoted to his current position in 2013 and, with the acquisition of Remy Power Products
in 2016, the North American rotating electrical manufacturing operations were added to Fedorchak’s responsibilities. Prior to joining BPI, Fedorchak worked for 15 years in the roller bearing industry serving the automotive, commercial and military aircraft and industrial markets. “Jeff’s hard work, commitment and dedication to BPI is much appreciated and will be felt for years to come,” said Overbeeke. “On behalf of all the employees at Brake Parts Inc, I would like to thank Jeff for his many contributions to our company and wish him all the best that retirement has to offer.” About Brake Parts Inc Brake Parts Inc (BPI) is committed to leading the global automotive aftermarket as the premier manufacturer and supplier of brake system components, including its respected flagship Raybestos® brand. The company’s primary focus is the growth and profitability of its customers through a collaborative platform of quality, innovation, dedication and integrity. A supplier to major auto parts organizations, BPI has a demonstrated commitment to research, development and testing of its entire product offering, including friction, rotors, drums, calipers and hydraulic products, ensuring that they meet or exceed original equipment fit, form and function requirements.
MCHENRY COUNTY HISTORICAL SOCIETY PHOTO McHenry County News
Historical re-enactor Ellie Carlson recently played the part of a teacher from the 1800s at the Pringle School. McHenry County Historical hosted the event in Cary.
Former financial analyst for north suburban medical waste management company charged with insider trading A former financial analyst for a north suburban medical waste management company used insider information to trade shares of the company ahead of an earnings report, according to a federal criminal charge filed today by the U.S. Attorney’s Office in Chicago. In April 2016, Matthew C. Brunstrum earned $158,707 in profits and avoided losses of $1,194 from the purchase and sale of securities in Lake Forest-based Stericycle Inc., where he worked as a financial analyst, according to a criminal information filed in federal court in Chicago. Brunstrum used material, non-public information to make the trades ahead of a public announcement by Stericycle regarding its lower-than-projected earnings for the first quarter of 2016, the information states. Brunstrum also directed or encouraged a relative to make similar trades ahead of the earnings announcement, the information alleges. The relative allegedly made profits of $146,028, and avoided losses of $24,224. The information charges Brunstrum, 26, of Chicago, with one count of securities fraud by insider trading. The
charge was filed by the Securities and Commodities Fraud Section of the U.S. Attorney’s Office in Chicago. During the investigation, authorities seized $328,959 in illegal profits. The charge was announced by John R. Lausch, Jr., United States Attorney for the Northern District of Illinois; and Jeffrey S. Sallet, Special Agent-in-Charge of the Chicago Office of the Federal Bureau of Investigation. The U.S. Securities and Exchange Commission, which today filed a civil enforcement action against Brunstrum, provided valuable assistance. The charge alleges that certain Stericycle personnel, including Brunstrum, became aware of the company’s first quarter earnings results in mid-April 2016. When trading on the Nasdaq Stock Market closed on April 28, 2016, Stericycle’s share price was $121.74. After the close of trading that day, Stericycle publicly announced the earnings results and its executives participated in a conference call with outside analysts. During the call, Stericycle’s chief financial officer acknowledged that earnings per share were approximately 5% lower than the company had projected.
The following trading day, Stericycle’s stock price fell more than 20%, closing at approximately $95.56 per share. The charge alleges that Brunstrum and his relative sold nearly 1,050 shares of Stericyle stock prior to the public earnings announcement. The pair also purchased more than 180 near-term, out-of-the-money put options for Stericycle shortly before the earnings announcement, and then sold those options at a profit after Stericycle’s stock declined, the information states. The public is reminded that an information is not evidence of guilt. The defendant is presumed innocent and entitled to a fair trial at which the government has the burden of proving guilt beyond a reasonable doubt. Arraignment is set for Aug. 2, 2018, at 1:30 p.m., before U.S. Magistrate Judge Jeffrey T. Gilbert. Securities fraud by insider trading is punishable by up to 20 years in prison. If convicted, the Court must impose a reasonable sentence under federal statutes and the advisory U.S. Sentencing Guidelines. Assistant U.S. Attorney Paul H. Tzur represents the government in the criminal case.