An overarching goal of the J.P. Morgan Center for Commodities is to provide students with knowledge of commodity market fundamentals and quantitative skills such that they may successfully enter into and advance careers across the commodity sector.  To accomplish this objective, 90% of the Center’s faculty are currently working in industry or have recently retired following extensive business careers.  This experience feeds directly into the commodity courses offered by the Center.  All of the faculty have held senior executive commodity-related positions that have allowed for challenging and exciting careers, along with the ability to work and travel abroad.  We are here to help students do the same! 


Wayne Ackerman - CMDT 6582: Commodity Supply Chain Management

Wayne has more than 30 years of experience in the upstream exploration and production sector and major capital project development, including LNG. He worked as an exploration geologist (sub-Sahara Africa, onshore Gulf Coast) with Phillips Petroleum Company where he was an early developer of tight gas assets.  He spent five years with Schlumberger where he developed a new product line based on 3D speculative seismic data. He then joined Shell where he held a wide range of global assignments focused on LNG in supply chain and commercial project development. In 2014 he joined Saudi Aramco, where he developed the  International Gas Strategy which was sanctioned by the Board. He then completed global opportunity screening and led the North American LNG commercial efforts and negotiations. 

With Wayne's deep experience in the LNG value chain, from upstream feed gas to project development and execution, coupled with his extensive global network, he seeks to assist clients with their unique challenges in the gas arena.  He has worked on projects across six continents. He is the founder and president of Ackerman and Associates Global Consulting, LLC. and a Partner in W2 Consulting. Wayne has a B.A. in Geology from the University of Colorado Boulder and an M.S. in Geology from The University of Tulsa.

Tom Brady - CMDT 6802: Foundations of Commodities

Prior to being named the Executive Director of the J.P. Morgan Center for Commodities at the University of Colorado Denver Business School, Dr. Thomas Brady was the Chief Economist at Newmont Mining Corporation where he was responsible for generating key commodity price, foreign exchange, and other financial assumptions used throughout the company. In this role, Dr. Brady also developed methods to effectively quantify and communicate the economic impact of Newmont’s operations to host communities and countries. Prior to this position, Dr. Brady led Newmont’s Strategic Planning function that developed and implemented portfolio modeling analytics. Before Newmont, Dr. Brady was a Senior Manager at Risk Capital Management, a consultancy that advised energy and natural resource companies on financial risk, valuation, and commodity hedging. He has also worked with CQG, Inc. where he developed a suite of automated trading systems for commodity futures contracts using the company’s short-term, price, and volume charting methods. Dr. Brady is also a member of the J.P. Morgan Center for Commodities’ Research Council at the University of Colorado Denver Business School. He holds a Ph.D. in Mineral Economics with research emphases in commodity markets from the Colorado School of Mines. In addition, Dr. Brady holds a Master’s degree in Mathematics, also from the Colorado School of Mines.

Wouter Jacobs - CMDT 6582: Commodity Supply Chain Management

Wouter Jacobs (PhD, 2007) is the academic director of the Leadership in Commodity Trade and Supply Networks program at Erasmus University Rotterdam, the Netherlands. Wouter initiated and developed this program in close cooperation with industry partners. Wouter is also involved as a senior fellow at the Erasmus Centre for Urban Port and Transport Economics (Erasmus UPT) with a focus on applied research and strategic policy interventions regarding port economics. In addition, Wouter is the program director at Erasmus University for the Maritime Studies Abroad program of Nanyang Technological University from Singapore.

As a lecturer Wouter coordinates the MSc seminar program Disruptive Scenarios in Global Logistics at the Erasmus School of Economics and the MSc elective Commodity Trade & Supply Networks at the Rotterdam School of Management and serves as a course instructor in the executive program Maritime Economics & Logistics. Wouter publishes regularly in international peer-reviewed journals with a focus on economic geography and (location) strategies of multinationals in trade and shipping. He has international research and teaching experience in Europe, Asia, and the US. Wouter has a MA in Spatial Planning and a PhD in Management from Radboud University. 

Daniel Jerrett - CMDT 6782: Commodity Data Analysis

Dr. Daniel Jerrett is Co-Founder and Chief Investment Officer at Strategy Capital LP, a global alternative investment management firm. His responsibilities include portfolio construction and management, as well as quantitative research.  He holds a Ph.D. in Mineral and Energy Economics from the Colorado School of Mines with an emphasis in econometrics and forecasting. Dr. Jerrett is also a member of the J.P. Morgan Center for Commodities’ Advisory Council.

Mike Miller - CMDT 6802: Foundations of Commodities

Mike Miller is Vice President of Trading and Risk Management at Ardent Mills, the independent joint venture of owners Cargill, Conagra Brands, and CHS. In his role, Mike leads Ardent Mills’ price risk management for wheat and millfeed. Additionally, he leads the company’s Customer Risk Management team which helps customers of Ardent Mills manage their flour price risk. With over 25 years of experience, Mike has held various trading and leadership roles with Cargill, and Horizon Milling, along with his current role with Ardent Mills. Mike also serves on the Board of Directors of the Minneapolis Grain Exchange in which he Chairs the Contract Committee as well as the Cash Committee. Mike is a member of the Advisory Council for the JP Morgan Center for Commodities at the University of Colorado Denver. Mike graduated from the University of Nebraska in 1990 with a degree in Agribusiness. In his spare time, he enjoys the outdoors with his sons.

Farhana Morales - CMDT 6240: ESG in Energy and Commodities

As a dynamic ESG and sustainability professional, Farhana Morales focuses on improving sustainability factors in the companies she works at. She has 14 years of experience in the oil and gas industry, including three years in Algeria, North Africa. Most recently she transitioned to the retail industry where she currently works at Target Corporation as Sr Manager of Corporate Responsibility, ESG. Her focuses lie in ESG disclosures, peer analysis, and gap analysis. She has advised several times via various mediums on how to navigate the ESG landscape and the challenges it poses.  

Being a woman of color, she has experienced the struggles and challenges that people of color face. She is a strong proponent of diversity, equity, and inclusion and always tries to ensure everyone feels represented. Farhana is also a board director at Habitat for Humanity of Metro Denver where she exhibits her passion and dedication to helping ensure affordable housing can be enjoyed by all. Farhana graduated with a bachelor's degree in Information Technology with a minor in Communications from the University of Denver and a master’s in Finance with a minor in Business Analytics from Colorado State University, Global Campus. Combining her IT background with Finance has proven to be quite fruitful in uncovering sustainability solutions.   

Dominick Paoloni - CMDT 6682: Commodity Hedging

Dominick Paoloni is the Managing Principal and Chief Investment Officer of IPS Strategic Capital and has served the investment community for over 35 years. Dominick received his Certified Investment Management Analyst (CIMA®) through the Wharton School of Business and completed the College for Financial Planning’s CFP certification program. An Adjunct Professor at the University of Denver, he frequently lectures in Denver and internationally on the real-world use of derivatives in risk-defined money management. Dominick is a nationally known writer, facilitator, radio host, and commentator.  In 2009, he was recognized by Morningstar Advisor Magazine for successfully protecting his clients against the disastrous 2008 meltdown with innovative portfolios which weathered the storm with only a small fraction of the market’s losses.  He has also been featured in numerous other publications, including EQ Derivatives Magazine, Financial Planning Magazine, the Denver Post, and the Journal of Investment Consulting, which published one of his white papers.  His life’s work is striving to deliver a risk management solution that doesn’t rely on market timing or asset allocation.

Joel Rubano - CMDT 6490: Commodity Trading

Joel Rubano is a commodity trader with twenty years of energy trading experience. He has hedged the financial exposures of multi-billion dollar asset portfolios and managed speculative trading books at six different firms in power, natural gas, oil, and coal. Mr. Rubano founded Instradev, LLC, a consultancy that presents multi-day trader development and risk management programs for energy & financial firms and lectures to MBA/Masters classes at leading universities. He is the author of Trader Construction Kit, a practical guide to developing the skills and techniques employed by professional traders, currently in its second edition. Joel currently teaches a professional education courses for CU Denver, Masterclass in Commodity Hedging and Trading, along with a graduate-level course on the same subject.

Deb Ryan - CMDT 6710 Carbon Markets: Navigating the Future of Business

Deb Ryan is the Head of Low Carbon Commodities for S&P Global Commodity Insights, a division of S&P Global and the leading provider of information and benchmarks for the energy and commodities markets.

Based in Denver, Deb leads the Low Carbon Commodities team, which focuses on analytics that underpins carbon and methane emissions, as well as the market mechanisms for carbon and low-carbon commodities. Deb brings almost 20 years of upstream oil industry experience, having worked as a Petroleum Engineer for both oil and gas operators, and in consulting.

Deb is a Professional Engineer in Colorado and Texas with a Bachelor's degree in Chemical Engineering and Masters's degree in Petroleum Engineering, both from Curtin University in Australia, and an MBA from Penn State, US. Deb serves on the International Board of the Society of Petroleum Engineers (SPE) and previously served as the Treasurer for the Women’s Energy Network Foundation.

Lance Titus - CMDT 6802: Foundations of Commodities

Mr. Lance Titus serves as Managing Director of Business Development, Origination, and Structured Transactions at Uniper Global Commodities. He has over twenty years of commodities trading, structuring, and risk management experience. Having held senior leadership roles from Wall Street to the energy industry, working for an investment bank, as well as for leading utilities, unregulated entities, and merchant energy firms. He has transacted over $15 Billion in deals across the energy and environmental commodity markets with a sector focus on electricity, natural gas, renewables, carbon, and emissions.

Mr. Titus has been a featured panelist at Bloomberg's "The Future of Energy Summit" in New York, and also serves as an adjunct professor for the course, "Foundations of Commodities" at the University of Colorado Denver. Mr. Titus holds an MBA from the University of Denver, Daniels College of Business. and a B.S. degree in Finance and Marketing from Clarion University. He serves on the Advisory Board of cQuant.io,  is a member of the J.P. Morgan Center for Commodities Advisory Council, serves on its Research Council, and is a member of the Global Commodities Applied Research Digest Editorial Advisory Board.