February 9, 2015

Cover Story

Forty under 40

Each year, Utah Business magazine honors 40 of the state’s most tale...Read More

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Article

Forty under 40

Utah’s Rising Stars

By Utah Business editors

February 9, 2015


Each year, Utah Business magazine honors 40 of the state’s most talented, ambitious and innovative business leaders in our annual Forty Under 40 program. Some are serial entrepreneurs, others are leading established companies to continued success, and more still are helping their companies reach unprecedented growth. Regardless of their positions within their companies, the 2015 Forty Under 40 exemplify a group of standout leaders who are shaping the future of Utah and the world. Join us in celebrating these deserving honorees and their accomplishments.

Burke Alder 36
Vice President of Marketing
Lendio

Burke Alder joined Lendio in early 2012, after helping AtTask (now Workfront) grow from a 20-person startup to a global player with 250 employees in just five short years. Already, Alder is generating similar results for Lendio. Under his marketing leadership, revenue has grown 1,150 percent over the past three years. He decreased Lendio’s marketing spend by 50 percent in 2014 while simultaneously driving 50 percent improvement in month-over-month revenue.

In addition to these hard numbers, Alder has been instrumental in developing employee-training programs that help develop future leadership for the company. In early 2014, he was tasked with introducing Lendio’s software-as-a-service (SaaS) business loan process management tool to banks and other lenders. The program saw a 250 percent revenue growth under his leadership.

“Watching team members step out of their comfort zones and succeed makes me happy,” he says. “My goal is to help build the greatest marketers and business leaders in the world.”

 “Greatness is not just for the few or the outliers—achieving greatness is possible for all of us. The first step to greatness is found in aligning our talents with our passions.”

Brett Allred 32
Chief Operating Officer
NUVI

Brett Allred worked in a few different fields—manufacturing, imports, real estate—but didn’t find his niche until he began to work with computers and information systems. He rose to lead engineer at MoneyDesktop (now MX), and in less than a year joined the executive team as the vice president of marketing. Soon afterward, Allred was invited to move to NUVI to become chief operating officer.

“Brett’s impact was felt immediately after joining,” says Devin Gagon, a colleague of Allred’s at NUVI. “[His] hands-on approach and personal involvement has had a tremendous impact on NUVI’s bottom line and culture.”

Allred oversees NUVI’s individual departments and works to unify them. He organizes weekly company-wide meetings, recruits talent to the company and mentors employees. “What I enjoy most about work are the challenges,” says Allred. “Challenges require me to become more—more educated, more disciplined, more focused and more patient.”

“Successful businesses are not the result of a lone warrior founder or CEO. Successful businesses are the result of organized effort—people working together in a spirit of harmony. That is how companies do impossible things.”

Nate Ballard 39
General Manager
Wadsworth Development Group

Nate Ballard has served as general manager at Wadsworth Development Group since 2007, and under his leadership the company has experienced tremendous growth. From 2008 to 2014, WDG’s topline revenue increased by 275 percent to more than $11 million, and its gross asset value increased by 285 percent to over $200 million. The company also created three new divisions: property management, brokerage and preferred development. On top of all that, Ballard has been personally involved in the development of more than 50 projects in the Intermountain region.

Kip Wadsworth, CEO of WDG, says Ballard “has led the organization to seek out and participate in various community organizations and charities.” For example, the company participates in a semi-annual service project for the Children’s Justice Center, as well as quarterly projects for the Sandy Boys and Girls Club.

Ballard says he enjoys the tangible nature of his work. “I can drive around with my kids and point out different projects/developments that I have played a key role in,” he says.

“Eleven years ago, I was hired and given an amazing opportunity to help mold and grow this company. I am motivated every day to take full advantage of this opportunity.”

Miranda Barnard 35
Vice President of Communications
Children’s Miracle Network Hospitals

Miranda Barnard spent several years working for various marketing agencies, though she knows now her true calling is working for Children’s Miracle Network Hospitals. In addition to moving up the organization’s ladder to vice president of communications, in early 2013 she was also tapped to serve on a small committee of senior managers.

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