Timothy Stabosz, with a bachelor’s degree in accounting from DePaul University in Chicago, is a former federal financial institution examiner. He makes his living as a private investor, and has taken “activist” positions in small publicly traded companies, in order to compel executives to put fiduciary duty to shareholders first.
In 2003 and again in 2015, he was elected to the city council in his hometown of La Porte, Indiana.
Late last year, he was a candidate for mayor of La Porte, in a caucus held to fill the remaining term of departing mayor Blair Milo. Stabosz is currently the Vice President of People Engaged in Preservation, a 501(c)(3) whose mission is to advance historic preservation in La Porte, and has served as a past president of the City of La Porte’s Historic Preservation Commission.