Chuck Ehrlich has been elected chairman of Sausalito, Calif.-based Angel Capital Network Inc. He was teaching e-business and entrepreneurship at the University of San Francisco Graduate School of Management since 1999.

Jeff Bede was named a principal with Chessiecap Inc., a new technology I-bank in the mid-Atlantic region. Bede previously was as a co-founder and principal at Capital Run LLC, a Seattle-based boutique investment bank.

Paul Wythes, a founding partner of Sutter Hill Ventures, was named the 30th Distinguished Alumnus of the U.S. Navy Supply Corps.