How to Build a Growth Business in a No-Growth World

Description

Vernon Hill, founder of Commerce Bank, will give a talk titled "How to Build a Growth Business in a No-Growth World" for the Johns Hopkins Institute for Applied Economics, Global Health, and the Study of Business Enterprise.

Hill founded Commerce in 1973 and it became the fastest growing bank in the U.S. He led the growth of Commerce Bank from one to 440 branches. He sold it in 2007 for $8.5 billion, yielding investors a thirty-year, 23% per year compounded shareholder return. Then, Hill founded Metro Bank U.K. in 2010.

Hill's entrepreneurial magic is highlighted in two case studies: Francis X. Frei's Harvard Business School case study on Commerce Bancorp and Andrew T. Stephen's Oxford University case study on Metro Bank.

Hill is a graduate of the Wharton School at the University of Pennsylvania and an honorary visiting professor at Cass Business School, City University London. He lives in Moorestown, New Jersey, with his wife, Shirley (the founder and president of InterArch, an architecture and design firm in Mt. Laurel, New Jersey), and their dog.