Arizona State University’s W.P. Carey School of Business induced five new members into its alumni hall of fame this month, including Frederick Van Etten, president of Midland Equipment Finance, a division of Midland States Bank.

A graduate of the class of 1977, Van Etten he has been instrumental in financing billions of dollars of equipment for commercial and industrial users. His leadership and expertise have earned him recognition from the Equipment Leasing and Finance Association. In the past, Van Etten lobbied members of Congress on matters involving the equipment finance industry. Throughout his career, he has founded and co-founded four companies, taking one public in an initial public offering in 1997 before selling it to American Express in 2001. He was honored in the Sun Devil 100 Class of 2022 by the ASU Alumni Association.

Along with Van Etten, other inductees included Chuck Michaels, who recently retired as vice president of the private wealth management division at Goldman Sachs; Dallas Tanner, the founder and CEO of Invitation Homes; Ning Zhang, who is the founder of Shanghai Red Avenue Chemical and chairman of the board of Red Avenue New Materials Group; and Josh Elizetxe, a serial entrepreneur and investor.

“Honoring the new alumni hall of fame inductees is a privilege; they are exceptional leaders and individuals who have each embarked on unique journeys to incredible success” Ohad Kadan, Charles J. Robel dean and W. P. Carey distinguished chair in business at Arizona State, said. “As members of a celebrated group of 105 hall of fame inductees, they demonstrate the enduring impact of alumni who have made significant contributions to their professions, the community and the W. P. Carey School of Business.”