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Joseph M. Magliochetti Leadership Summit

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CEO of Mainstreet Ventures and Co-Founder of Balance Pan-Asian Grille to present on ‘Innovative Entrepreneurship’

Lourdes University’s College of Business and Leadership is pleased to host the 7th annual Joseph M. Magliochetti Leadership Summit, on Wednesday, March 20 at 11:30 AM, at the Sylvania Country Club, 5201 Corey Rd, Sylvania. Featured speakers, Michael Gibbons, President & CEO of Mainstreet Ventures Inc., and Prakash Karamchandani, Co-Founder of Balance Pan-Asian Grille, will speak on Innovative Leadership.

The Joseph M. Magliochetti Leadership Summit honors the work of the former CEO of the Dana Corporation. In 2010, his family established the summit as well as the Lourdes University Endowed Chair of Business and Finance in his memory. Today, the Leadership Summit is recognized as the Toledo region’s foremost event dedicated to realizing “Business as a Noble Profession.” Previous events have featured CEOs and administrators from local, national and international businesses and organizations.

Tickets are $30 per person/$300 per table for regular seating or $50 per person/$500 per table for preferred seating. Tables include seating for (10) people. Sponsorship opportunities are still available. To purchase tickets, please visit or call 419-824-3751.


Michael C. Gibbons

Michael C. Gibbons co-founded Mainstreet Ventures Inc., along with Dennis Serras and Dieter Boehm in 1981. Mainstreet Ventures (MSV) owns and operates 22 distinctive eateries in 14 cities across five states including Real Seafood Co., Ciao, and The Chop House. MSV seeks to exceed guest expectations by “providing memorable dining experiences in creative and distinctive restaurants.” Along with excellent customer experiences and food, MSV enhances the community by providing over $50,000 in scholarships to employees annually, and over $2 million per year to local charities. The former chair of the National Restaurant Association earned a Bachelor of Arts degree in Political Science and Government from Xavier University. 


Prakash Karamchandani

Prakash Karamchandani is the Co-Founder/CEO of Balance Pan-Asian Grille. With multiple locations, over 120 employees, and $8 million-plus in revenue, his business utilizes thousands of pounds of locally grown produce for its operations. A respected and well-known professional, Karamchandani has received several awards including being named one of’s Top 24 Fast Casual Executives. Balance Grille is ranked 33rd on the Top 100 Movers and Shakers list. He has presented at national forums including the Restaurant Leadership Conference and the Multi-Unit Restaurant Technology Conference. Karamchandani attended The University of Toledo, where he earned a Bachelor of Business Administration degree in Finance and met his business partner for Balance Grille.