2006-07 - College of Business

Transcription

M i z zo uBusin ess
A magazine for alumni and friends of the University of Missouri–Columbia College of Business ■ 2006
College Develops Game Plan
for the Future
Welcome from the Dean
Alumni and friends of the College of Business,
Photos on front cover, from top to bottom
Fall is an exciting time at Mizzou. Cornell Hall is filled with students,
and faculty members are busy with teaching and research. And many
alumni return to campus, some of whom give guest lectures to our
students. Of course, we also hope that our MU Tigers football team
continues to have a winning game plan for the season!
From left, Roger and Sandy Vasey, founders of
the Vasey Academy; Scott CEO Forum Speaker
and TD Ameritrade CEO, Joe Moglia; and Betty
and Tom Scott, the sponsors of the college’s
CEO Forum.
Alumnus Jeff Smith at the announcement
of the establishment of the Jeffrey E. Smith
Institute of Real Estate.
Warren Buffett, center, with MBA and
undergraduate finance students who met
with him in Omaha.
Michael Roberts, CEO of The Roberts
Companies, presenting at a Scott CEO Forum.
Alumnus Daryl Smith, SVP of human resources
at ESPN, with Executive Luncheon student
participants, from top, Ashley O’Neal, Nakoya
Moss, and Jennifer Graves.
Jim Turley, CEO of Ernst & Young, talking with
a student as part of the Scott CEO Forum.
Dean Walker and Governor Matt Blunt at the
annual banquet of the college’s Davenport
Society.
Photos on back cover, from top to bottom
Ratti Ratneshwar, Bailey K. Howard World
Book Chair of Marketing and chair of the
Department of Marketing, voting on priorities
at a college strategic-planning session.
Mark Houston, David and Judy O’Neal
MBA Professor and associate professor of
marketing, teaching an MBA class.
Phyllis Moore, senior academic advisor, with
accountancy major Todd Castagno.
Undergraduate students, Aaron Rinehart
and Cleve Wilson, in a strategic management
course.
From left, MBA students Huei-Chun “June”
Lu, Matt Pufall, Yanki Ukyab, and Liz Carter
making their winning presentation during the
college’s Integrated Functional Perspectives
case competition.
Speaking of game plans, my faculty and staff colleagues, students,
alumni, and I have updated and refined our college’s strategic plan.
Our aim is to be recognized as one of the nation’s top 20 public business schools. Key
strategic priorities have been established through an intensive 12-month process. The
story beginning on page 8 contains more details about the plan.
We have already begun to make significant progress in relation to key priorities in the
plan. Recent highlights include:
• The newly established Jeffrey E. Smith Institute of Real Estate will benefit both our
students and the real estate industry through varied educational programs.
• As a result of added support from Harry and Ann Cornell, the remaining debt
on the college’s building will be paid off, the interior will be enhanced both
functionally and aesthetically, and 7,400 square feet of shell space in the lower level
of the building will be converted into classrooms and meeting space for students.
• Thanks to the generosity of Bill Caldwell, professional-development opportunities
for our students will expand, with the possibility that it will become a required part
of the undergraduate curriculum.
• Added support from the Cornells has also made it possible to create the Cornell
Leadership Program, which will serve up to 100 top-caliber undergraduate students.
• The School of Accountancy continues to shine among its peers, ranked #14 in the
nation in the 2005 Public Accounting Report.
• The Crosby MBA Program rose to higher levels in U.S. News and World Report’s
annual ranking, now up to #59, and our undergraduate business program
maintained a strong ranking, #51, in the magazine’s survey.
• More than 135 guest speakers, both successful business executives and renowned
faculty members from other universities, came to campus to share their knowledge
and insights with our students and faculty.
Reading about all that was achieved during the past year should fill you with pride.
Our College of Business is fortunate to have so many dedicated team members who, in
various ways, help us fulfill our educational mission. I am very grateful for the expertise, time, and financial support that our alumni, faculty members, staff, and students
provide to the college.
I am excited, as I hope you are, to see what is ahead for the college. I am confident that
the strategic plan we have developed builds on what we have accomplished and will allow us to fulfill our ambition of being a world-class business school.
Sincerely,
Bruce J. Walker
Lansford Professor of Leadership and Dean
MizzouBusiness ■ 2006
M i z zo uBusin ess
A magazine for alumni and friends of the University of Missouri–Columbia College of Business ■ 2006
Contents
Feature Story........................................................ 8
College Updates.. ........................................... 2
p.2
The Herbert J. Davenport Society................ 15
Crosby MBA Program Updates.. .................... 18
Student News.. ............................................. 19
Faculty News................................................ 23
Alumni Profiles............................................ 26
Alumni News.. .............................................. 30
p.21
Class Notes.. ................................................. 33
In Memoriam............................................... 37
Strategic Development Board and
College of Business Directories.................... 40
p.30
MizzouBusiness is published by the University of Missouri-Columbia
College of Business, 408 Cornell Hall, Columbia, MO 65211.
Please contact the Office of Advancement with any questions regarding
MizzouBusiness.
Phone: 573.882.6768 Fax: 573.884.1675 E-mail: mizzoubiz@missouri.edu
Dean: Bruce Walker, Lansford Professor of Leadership
Executive Director of Advancement: Tom O’Neal
Managing Editor: Laura Harris
Contributing Writers: Teressa Gilbreth; D’Arcy Haeusser; Priya Ratneshwar
Photography: Gene Royer, MU Academic Support Center; Stella Studios
Design: Jan Wagner, MU Academic Support Center
© Copyright 2006 University of Missouri-Columbia College of Business. All rights reserved.
AACSB accreditation represents the
highest standard of achievement for
business schools worldwide. Institutions
that earn accreditation confirm their
commitment to quality and continuous
improvement through a rigorous and
comprehensive peer review. College Updates
College of Business Establishes Real Estate Institute
Enabled by gifts with a total impact of $3 million from alumnus Jeff Smith
“I’m pleased to provide
financial resources in
order to build upon the
already strong real estate
curriculum at MU. Wellprepared MU graduates
will continue to make
excellent employees for a
variety of firms in the real
estate industry.”
Jeff Smith
BS BA ’72
T
he College of Business established the Jeffrey E. Smith Institute of Real Estate in January
2006 as part of the Department
of Finance. The new institute
will support the expansion of educational
offerings at both the undergraduate and
master’s levels, increase the array of professional-development opportunities for
students, and facilitate research focused
on real estate and other financial services.
The institute will conduct an annual na- Smith talks with Ray Lansford, one of his
tional conference for the real estate indus- former instructors in the College of Business. In
Smith’s remarks at the gift announcement, Smith
try. Smith’s generosity also will help to said the retired assistant dean inspired him.
fund more guest lecturers in real estate;
the national student organization, Rho
Epsilon; and internships for students in real estate.
Smith’s donation for the institute, combined with his gifts for a related professorship
that includes state matching funds and a faculty scholars program, has a total impact of
$3 million. His support will provide operating funds for the institute and also will start
an endowment that is intended to assure that the institute becomes a permanent part of
the college. Smith is the founder and president of Jeffrey E. Smith Cos., a family of real
estate development, construction, and management companies.
In conjunction with the announcement of Smith’s gift, the first lecture under the banner of the Jeffrey E. Smith Institute of Real Estate was held on January 24, 2006. David
Stockert, president and CEO of Post Properties Inc., spoke about “The State of Real
Estate.” Founded more than 30 years ago
and based in Atlanta, Post Properties is
one of the largest developers and operators of upscale multi-family housing communities in the United
States.
The first Jeffrey E. Smith
Institute of Real Estate
Conference is scheduled for
April 27, 2007. For more information, call the director
of the institute, Sam Goldman, at 573-882-2371.
From left: Jeff Smith, BS BA
’72; Dan French, chair of the
Department of Finance; and
Bruce Walker, dean, with
Smith’s portrait that now
hangs in Cornell Hall.
Business Beyond Borders
T
o supplement MU’s initiatives related to international education, the college started its own study abroad program four years ago. The program has
grown steadily, with multiple locations throughout Europe and Asia. More
than 174 students studied abroad in one of three four-week summer and
three two-week intersession programs that took place during the past academic year. For 2006–07, students will be able to choose among programs in Austria,
China, Prague, Hungary, Ireland, Italy, Korea, Spain, and Vietnam.
By taking a study abroad course, students gain insight into key aspects of international
business, develop an appreciation for cultural diversity, and obtain an understanding of
how travel can enrich one’s life and career. “Considering that most businesses have to
be concerned about international factors in order to be successful, I really valued being
able to learn about global business issues firsthand,” says Ryan Kuryla, BS BA ’05. Now
a student in the Crosby MBA Program, Kuryla studied in Paris and London as part of
an international marketing class.
Both the summer and intersession courses begin with pre-departure classes to discuss
the fundamentals of international business and cultural differences that students will
encounter. Activities during the overseas portions of study abroad courses include corporate visits, an opportunity to take classes with students from the host country, and
some free time to explore the region and experience arts, culture, and social activities.
“Students tell me how much the experience changes their attitude and understanding of
other people’s culture and values,” says Charles Franz, associate professor of management, who has directed the College of Business’ study abroad program since its inception.
Further growth is expected as more students discover how the study abroad program
can shape their perceptions of business in other parts of the world. The number of programs in existing locations also may increase.
Warren Buffett offers MU
finance doctoral student Andy
Kern some confidential advice. In
October 2005, 45 finance students
along with some alumni and
faculty members went to Omaha,
Neb. to meet with the “Oracle
of Omaha.” Read more about
their trip and other collaborative
endeavors on page 13.
Advising Office Welcomes New Staff
Five new advisors joined the Undergraduate Advising Office this year. All have prior experience working with students.
The new additions are:
Marvin Burns completed his master’s degree in agricultural education from MU this past summer. Prior to becoming a
business advisor, he was a graduate assistant with Academic Retention Services and was the first minority student recruiter for the College of Agriculture, Food and Natural Resources. Burns will advise students and also serve as the co-advisor
for the Black Business Student Association and the College of Business Ambassadors.
Aaron Cook earned a BS BA degree in 1999 and an MBA degree in 2006, both from Rockhurst University. He comes to the
College of Business from the School of Medicine, where he was the student services coordinator for the health management and informatics master’s degree program.
Teresa Mitchell recently completed her master’s degree in educational leadership and policy analysis. While obtaining
her degree, she was a graduate assistant with Greek Life. Mitchell will be advising general business students as well as
accounting students.
Angie Rataj’s most recent position before the College of Business was as academic advisor with the College of Education.
She earned her master’s degree in educational leadership and policy analysis from MU in 2003.
Sue Yun earned her bachelor’s degree in 1995 from the MU School of Journalism followed by a master’s in journalism in
1997. She comes to the College of Business from an advising position with the Student Success Center. Yun serves as the
coordinator of diversity programs and also advises students.
College Updates
The Cornells Continue Their Generosity
Harry and Ann Cornell, two of the college’s greatest supporters, recently pledged an
additional $4 million for “people and programs” as well as “bricks and mortar.”
“The College of Business is one of Missouri’s centers of excellence in education. It needs
and deserves to have programs and a facility that attract and develop Missouri’s top students,” says Harry Cornell (BS BA ’50, LLD ’03). “Ann and I are blessed and pleased
to be able to provide additional support. These funds will give students the opportunity
to receive top-quality preparation in business and accounting.”
Director Appointed for Smith
Institute of Real Estate
Of the gift, $1.4 million will endow a new leadership program for high-ability undergraduate students. The Cornell Leadership Program will consist of a series of honorstype courses and extracurricular activities
aimed at developing leadership capabilities.
The program is planned to serve 50 students
initially and grow to 100 students. Admission
will be highly selective, based on academic
achievement and community involvement.
Samuel Goldman is the new director of the
Jeffrey E. Smith Institute of Real Estate at
the University of Missouri-Columbia College of Business. Goldman has been a pro- The other $2.6 million will be directed tofessor at the University of Massachusetts ward completion and enhancement of Corand New Mexico State University and was nell Hall. Part of these funds will be used
the head of NMSU’s Department of Fi- to pay off the balance remaining from the
nance from 1999 to 2002.
construction and furnishing of the building,
Goldman’s business experience in real completed in 2002. The majority of the $2.6
estate and financial services is extensive, million will enable finishing 7,400 square feet
including serving as president of Union in the lower level of the building and making
Square Associates, Banana Belt Cinemas, both functional and aesthetic enhancements
and Delaware Hotel Inc. He is currently to the building’s interior.
a director of Mesilla Valley Bank, in Las
Harry and Ann Cornell, long-time
The Cornells have supported the college for
Cruces, N.M.
supporters of the college, after
participating in a Distinguished
many years, with both personal involvement
“I am honored to be the first director of the
Alumni Forum.
Jeffrey E. Smith Institute of Real Estate,” and financial gifts. The Cornell’s leadership
Goldman says. “With the resources pro- gift of $1.5 million in 1995, augmented by an equal gift from Leggett & Platt Inc.,
vided by Mr. Smith and other alumni, we provided the impetus for the college’s successful capital campaign that raised $31 milhave the ability to do great things for the lion to support students, faculty and programs, and also for the construction of Harry
growing number of students interested in and Ann Cornell Hall.
the field and also for the real estate industry at large.”
Goldman earned his bachelor’s degree
from the University of Michigan in 1960
and completed his MBA degree at the
Wharton School of Business at the University of Pennsylvania in 1962. He received
a juris doctorate from Northwestern University in 1965.
“I am extremely pleased we were able to
attract someone with Mr. Goldman’s
combination of academic experience and
business expertise,” said Dan French, chair
of the Department of Finance. Read more
about the institute on page 2.
Cornell Leadership Program
The Harry and Ann Cornell Leadership Program began this semester with a group
of 30 freshmen and 20 upperclassmen who have exceptional academic records
and community involvement. Plans for the program include a leadership seminar
for the freshmen; discussions of the book, The World Is Flat; a community service
project; luncheons with executives; and potentially a study tour to New York City.
The program is expected to expand to 100 students in the coming years.
Honor Roll 2005-06
National, State and Local Awards
Academy of Marketing Science
Outstanding Teacher Award
Mark Houston
David and Judy O’Neal MBA Professor
Governor’s Award for Teaching
Excellence
Dan Turban
Stephen Furbacher Professor
of Organizational Change
Participant in Chamber of Commerce’s
Leadership Columbia program
Mike Haggas
Director of Development
National Association of Workforce
Development Professionals Outstanding
Professional Development Award
Dewey Thompson
Business Trainer and Consultant,
Missouri Training Institute
MU Awards
MUAA Faculty–Alumni Award
Ken Evans
Pinkney C. Walker Professor
in Teaching Excellence and
Associate Dean
Provost’s Outstanding
Junior Faculty Teaching Award
Mark Houston
Excellence in Teaching
with Technology Award
Vairam Arunachalam
PricewaterhouseCoopers/Joseph A.
Silvoso Distinguished Professor
in Accountancy
Graduate Student Support Staff
Appreciation Award
Robyn Ridgway
Senior Academic Advisor
Crosby MBA Program
Most Inspiring Professor
(selected by MU student-athletes)
Jim Wall
Curators’ Teaching Professor
in Management
College of Business Awards
Distinguished Research Achievement
Award
Steve Ferris
James Harvey Rogers Chair of Money,
Credit and Banking
Faculty Research Development Award
Shaoming Zou
Associate Professor of Marketing
Raymond and Mary Ann O’Brien
Excellence in Teaching Award
Billie Cunningham
Adjunct Associate Professor
of Accountancy
Outstanding Faculty Service Award
Dan Turban
Outstanding Staff Service Award
Sharon Reed
Director of External Relations
Outstanding Staff Service Award
Jim Sharrock
Director of Undergraduate Advising
Student Council’s Faculty Member
of the Year
John Bennett
Adjunct Assistant Professor
of Marketing
Harry Hall Trice, Jr. Faculty Research
Awards
Jere Francis
Curators’ Professor and KPMG/Joseph
A. Silvoso Distinguished Research
Professor of Accountancy
Inder Khurana
Deloitte Professor of Accountancy
Raynolde Pereira
Assistant Professor of Accountancy
Marketing Sales
Conference Attracts
International Scholars
In many industries where personal
selling is a primary form of marketing, the quality, quantity, deployment, and motivation of sales-force
efforts significantly affect company
success. As the management of customer relationships becomes more
complex and demanding, businesses
are putting renewed emphasis on
optimizing the productivity of their
sales-force investments.
To stimulate research and exchanges
on issues related to sales force management, the college’s Department
of Marketing hosted an international conference on “Enhancing Sales
Force Productivity” in April 2006.
The conference was sponsored by the
department, the Marketing Science
Institute, and the Journal of Personal
Selling and Sales Management.
The conference featured a plenary
session and 28 research presentations
by leading scholars. Nearly 70 faculty
members and industry participants
attended from schools such as Boston University, Harvard University,
Northwestern University, University
of Minnesota, and UCLA. Scholars
from highly regarded universities
in Australia, Canada, France, Germany, and the U.K. were also in attendance. The conference received
support from Anheuser-Busch, Shelter Insurance Companies, the Direct
Selling Education Foundation, and
Pi Sigma Epsilon.
The conference was co-chaired by
three professors: Murali Mantrala,
MU; Sönke Albers, Christian-Albrechts-University at Kiel; and Kissan
Joseph, University of Kansas. The
next conference to cover sales force
issues will be hosted by the University of Kiel in Germany.
College Updates
Private Gifts Fund Educational Excellence
MU’s For All We Call Mizzou campaign
was so successful that the University decided in September 2005 to continue this
historic fundraising endeavor until the
end of 2008. The goal of $600 million,
met by the end of 2005, increased to $1
billion. This ambitious new goal places
MU among an elite group of 25 public
universities that have conducted a $1 billion campaign.
The College of Business is now aiming
to raise $70 million by December 2008.
Thanks to the generous support of alumni,
faculty, staff, and friends of the college,
the campaign total as of September 30,
2006 was $63.5 million, or nearly 91 percent of the goal.
Private support is particularly important
to the college in recruiting high-ability
students, making MU more accessible
to students with financial need, attracting and retaining top-caliber faculty, introducing new programs, and sustaining
the high level of quality in its educational
activities.
■
The late Brigadier General Arthur
Friedman (BS BA ’35) and his late
wife, Josephine, provided a $3 million
trust from their estate.
■
The college received a $2 million gift
from an undisclosed donor. The ways
in which the funds will be applied are
under discussion with the donor.
■
A combined estate and cash gift of
$1.9 million from Bill Caldwell (BS
BA ’56) will establish the C. William
Caldwell Fund for Professional
Development. Caldwell’s generosity
will allow the college to launch a new
professional development program for
undergraduate students. The program
will consist of a new course, practicum
experience, and other outside-theclassroom activities.
■
Leadership Gifts
The College of Business is thankful for
many major gifts received recently, including:
■
Geraldine Trulaske, widow of the late
Robert J. Trulaske, Sr. (BS BA ’40)
made a leadership gift that will fund
six named faculty positions. The gift
also will provide MU scholarships,
some designated for students with
high financial need.
■
Harry Cornell (BS BA ’50, LLD, ’03)
and his wife, Ann, made a generous
gift of $4 million. See story on page 4.
■
Jeffrey Smith (BS BA ’72) made a gift
of $1.8 million to establish the Jeffrey
E. Smith Institute of Real Estate, the
first real estate center in the state. See
story on page 2.
BKD, LLP made the commitment
to increase its annual giving from
partners and employees from $50,000
to $70,000. This added support will
elevate BKD’s named faculty position
from a fellowship to a professorship.
Elaine Mauldin, associate professor of
accountancy, is the BKD Professor.
■
Richard Miller (AB ’70), president and
CEO of Miller’s Professional Imaging,
made a gift of $1.1 million. The gift
supports a named chair position but
also stipulates that the award can
be made for more than one named
position, such as two professorships,
based on the needs of the college.
■
Ed Kendig and his wife, Sandra
remembered the college with a
$300,000 unrestricted estate gift. The
gift was made in honor of Ed’s father,
the late Andrew Kendig, who was
a 1916 graduate of the first class of
what was then known as the School of
Commerce at MU.
■
Ernst & Young, one of the county’s
leading accounting firms and a major
employer of the college’s graduates,
raised more than $100,000 from
its partners and employees who are
Mizzou alumni. This successful effort,
which surpassed $100,000 for the
first time, will support the college’s
nationally renowned School of
Accountancy.
Faculty and Staff Contribute
to Campaign
To date, more than 50 percent of the College of Business’s faculty and staff members have given to the campaign. Dean
Bruce Walker says, “The level of participation by my faculty and staff colleagues
underscores our shared commitment to
the mission and future success of Mizzou’s
business school.”
The campuswide participation rate is 29
percent for faculty and staff members.
Since January 2005, MU faculty, staff,
and retirees have donated more than $1.4
million to the campaign.
New Recognition Plan
Established
Gifts of at least $25,000 to the college’s new
Strategic Priorities Fund or unrestricted
gifts that meet that threshold will be recognized through an appropriate naming
opportunity in Cornell Hall. Donors will
be honored by having an office, classroom,
or department suite named in their honor.
Such gifts provide the college with flexibility in meeting current challenges and opportunities.
“Recognizing donors through naming opportunities has dual benefits,” says Tom
O’Neal, executive director of advancement.
“It provides a way to say thank you to donors, plus having the names of our highly
successful alumni and friends on the walls
of Cornell Hall adds to the prestige of the
business school.”
Business Career Services Expands Services
and Augments Staff
B
usiness Career Services (BCS) in the College of Business is strengthening
its commitment to prepare students for their postgraduation careers by
developing new initiatives and adding staff members. Also, the office added
“Business” to its name to differentiate the College of Business’ unit from the
Campus Career Services Office.
“We want to provide business and accounting students
with even more opportunities to network with
recruiters, apply for internships and learn about which
career choices are best for them,” says Matt Reiske, who
became the new director of Business Career Services in
October 2005. Reiske previously served for six years as
director of recruitment and career services for MU’s
College of Engineering.
Accountancy student John Hall
participates in a mock interview,
which is one of the services BCS
provides to upcoming graduates.
BCS’ primary initiative will focus on expanding its
student base and encouraging more freshmen and
sophomores to use the resources the office offers.
Nearly 1,500 students are registered with BCS, but
Reiske wants more of these students to use the office
earlier in their college careers to more fully incorporate
professional skills into their education.
BCS plans to increase the quantity and variety of
employers that recruit at MU by bringing in recruiters
from a more diverse array of industries and from a wider range of geographic regions
so students will have more opportunities to seek employment nationwide. Some of
the expanded activities for BCS include: larger Career Fairs; business-dress etiquette
seminars; a Professional Development Day, which allows students to participate
in mock-interview sessions with recruiters; résumé and cover letter seminars; and
Field Trip Fridays to network with executives and learn about corporate culture in
companies across Missouri.
BCS has also hired new staff members – Lynsie Tottleben-Steinley has joined the office
as an assistant director and Traci Scardina is a career specialist and admissions adviser
for the Crosby MBA Program.
Training Missouri’s
Work Force
The Missouri Training Institute
(MTI), an outreach program
affiliated with the College of
Business, provides training and
professional development services to customers in business and
industry, government and nonprofit organizations, and educational organizations. MTI offers
customized training, specializing
in the areas of customer service,
human resources, leadership,
management and supervision,
teamwork, training design and
delivery, and work force development.
MTI had a successful fall and
winter with more than $545,000
awarded in contracts and grants
from a variety of companies and
government agencies in Missouri.
To find out more about MTI’s
services, call 573-882-2860 or
e-mail mti@missouri.edu.
21st Annual Missouri Business Week a Success
Nearly 200 high school sophomore and juniors were introduced to the world of business during a unique learning experience
sponsored by the Missouri Association of REALTORS®, in partnership with the College of Business. Missouri Business Week
(MBW), which was held in June 2006, helps Missouri high school students learn about business education and careers. They
also gain experience in making business decisions using team-based business simulation exercises. Aided by volunteer business leaders and professional workshop facilitators, the five-day program focuses on helping students
learn and understand the basics of teamwork, leadership styles, and business ethics. Recommended by their high school teachers and counselors, students attend MBW on scholarships provided by Missouri’s REALTORS® and other Missouri businesses
and organizations.
For more information or to sponsor students, contact Jacki Langworthy, director of the Center for Education and Private Enterprise, at jackilangworthy@morealtor.com.
College Develops Game
Plan for the Future
By Teressa Tignor Gilbreth
“Any organization … needs
a good ‘game plan’ with
regards to its purpose, what
it wants to accomplish, and
how it intends to do that.”
Dean Bruce Walker
As president and CEO of Colliers Turley
Martin Tucker, a large commercial real
estate firm with headquarters in St. Louis,
Mark Burkhart (BS BA ’76) is executing a
business plan that sets a course for future
growth. . . It’s safe to say that Ralph Babb
(BS BA ’71), chairman, president, and CEO
of Comerica Inc., a huge bank holding company based in Detroit, Michigan, is guided
by a well-crafted plan to sustain and build
profitability in an intensely competitive environment.
Likewise, Sue Cejka (BS BA ’72) has a
blueprint for continuing to build on the
success that she and her partners have experienced since buying the St. Louis-based
Grant Cooper & Associates, an executive
search firm focused on the healthcare industry, . . . And Dan Henry (BS BA ’88),
the co-founder of Euronet Worldwide in
Leawood, Kansas, had a global business
plan in seeking to place automated teller
machines and point-of-sales terminals in
numerous countries around the globe.
Closer to home, the MU football team–
with leadership from coach Gary Pinkel,
and record-setting quarterback Brad Smith
(BS BA ’05) carried out a game plan that
took the Mizzou football team to bowl
games in two of the past three years. And
their new game plan seems to working well
in the early part of the 2006 season.
More than 350 students gathered to hear the CEO of Macy’s Midwest, Bill
McNamara, speak during a program arranged by the college’s two business
fraternities, Alpha Kappa Psi and Delta Sigma Pi.
“Any organization – start-up enterprise, Fortune 500 company, football team, or collegiate business school – needs a good ‘game
plan’ with regards to its purpose, what it
wants to accomplish, and how it intends to
do that,” Dean Bruce Walker says.
The mission of the MU College of Business is to prepare our students to
succeed in the world of business and to advance the body of knowledge
about the world of business.
The vision of the college is to be one of the top 20 public business schools
in the nation.
“Having input from our varied constituents was a prerequisite for an effective planning process,” Walker states. With that in mind, he established a 34-person committee
to update the college’s five-year-old strategic plan. According to Walker, the planning
group was sizable in order to assure that there was ample representation from not only
the college’s faculty and staff but also from students and alumni.
Academic Research
“Developing a strategic plan helps everyone involved with an organization to focus and
agree on where their energy and finances should be spent,” says MU alumnus Gene
Gerke, president of Gerke & Associates, Inc., a management consulting firm the college
retained to facilitate the planning process.
The work of MU finance professors Steve
Ferris and Sterling Yan was reported in
national media last year. According to
their research, regulations passed by the
Securities and Exchange Commission
with a goal of improving mutual fund
governance may not be as effective as intended.
The planning team began by reviewing MU’s and the college’s existing plans, including the mission, vision, and values statements. It then conducted a SWOT (Strengths,
Weaknesses, Opportunities, Threats) analysis, focused on the college.
To a great extent, the group concentrated on building the college’s strengths, such as
the School of Accountancy and collaboration efforts with the business community. According to Assistant Dean Mary Beth Marrs, who was a member of the planning team,
“The college cannot afford to be weak in key areas. At the same time, the college has
the opportunity to excel – to serve students and the business community – in a number
of areas, some of which represent long-standing programs and others of which are new
initiatives.”
During meetings over a six-month period ending in 2005, the committee confirmed
the college’s mission, and refined its values and vision statement. After extensive background research and much spirited discussion, the committee agreed upon a set of 11
strategic priorities for the college.
The committee agreed to renew four priorities from the previous plan and also identified
seven new priorities. During a subsequent six-month period, objectives and strategies
were determined for each of the priorities. Implementation of the plan is underway.
Each of the priorities has a task force to expedite progress with regards to implementation of strategies and, in turn, achievement of primary objectives by the 2010-11 academic year or sooner.
Walker acknowledges that having 11 strategic priorities is unusual and challenging but,
at least for the College of Business, necessary and exciting as well. “Groups of stakeholders made vigorous and compelling cases for each of the priorities. Ultimately, it
was agreed that our college would be best served through a very ambitious agenda built
around the 11 priorities,” Walker observes.
The following sections describe each of the priorities and provide examples of related
activities.
Renewed Priorities:
• Academic Research
• Collaboration
• Crosby MBA Program
•Information Technology
Increase publications by faculty
and PhD students in highquality, peer-reviewed journals.
“Faculty members who engage in cutting-edge research add to the body of
knowledge related to a specific subject.
In addition, I believe their research adds
to their effectiveness in the classroom
by keeping them up-to-date on key issues and trends in their field,” Ferris says.
“Through their research, they contribute
to what is being taught in classrooms
and what is being written in textbooks
around the world.”
Fundamentally, research is integral to the
mission of a major university such as MU.
A major trend in recent years, at least in
the MU College of Business, is that more
and more research is focused on topics
that are very relevant to business practices or public policy.
The research activities of the college’s
faculty improve the quality of education
the college provides to its students and
often has a positive impact in the business community. In addition, an active
research agenda helps the college attract
and retain top-caliber faculty members
and doctoral students who are interested
in examining and answering interesting,
significant questions in their disciplines.
Crosby MBA Program
Enhance the quality and, as a
result, the national reputation of
the Crosby MBA Program.
According to recent graduates, some of
the strengths of the college’s Crosby MBA
program are a rigorous and innovative curriculum, including the team-building consulting classes, and numerous networking
annual
programs,
such
as
the
Vaughan
opportunities.
In that vein, during the past
Collaboration
Executive-in-Residence Program, Scott year, 33 MBA teams were involved in conBuild the college’s collaborative
CEO Forum, Schram Lecture in Inter- sulting projects with varied organizations
activities with alumni,
national Business, Dean’s Distinguished such as Suzuki of Columbia, IconoPsych
Lecture, and Professors-for-a-Day. The LLC, and the Missouri Film Commission
businesses, and other academic
wisdom, guidance, exposure, and inspira- (see page 18).
colleagues to enhance
tion that the speakers bring to the students
instruction, research, and
The college is pleased and very proud that
are exceedingly valuable.
student placement.
the Crosby MBA Program has steadily inCollaboration also occurs in other ways creased in national rankings over the past
The college’s Speakers Series gives students
within the college. For example, students five years, moving up from #81 in 2003
multiple opportunities to meet role modfrom different disciplines team up to work to #59 in the 2007 rankings compiled by
els, potential mentors, and – in some cases
on course projects, faculty contribute to U.S. News & World Report. (See page 18.)
– future employers. In addition, visiting
multidisciplinary programs and projects
executives, entrepreneurs, and scholars alacross campus, and MBA classes carry out The MBA program was the college’s top
low students and faculty members to learn
consulting projects to help businesses solve priority in its prior plan and is one of the
about trends, issues, and practices in the
renewed priorities in the new plan. To susproblems and seize opportunities.
business world.
tain quality and hopefully enhance qualThe college has made tremendous strides ity in the program, a curriculum review is
Jimmy Bereolos, a finance major, says that
in the area of collaboration. The task force underway. The new curriculum is likely to
his participation in an Executive Luncheon
believes the college, especially the edu- emphasize interdisciplinary problem-solvhelped him secure a place in a competitive
cational experience for students, will be ing approaches, more elective courses, and
summer internship program. Bereolos sat
strengthened by renewing this priority an enhanced professional development
by Jean Baird, a VP of operations at State
and staying focused on collaboration.
component.
Farm Insurance Companies. She told him
about her career, her employer’s great work
culture and the potential for advancement,
and even about the hobbies they shared,
like running. In summer 2006, Bereolos
interned at State Farm in fire underwrit- As part of her coning, which included opportunities to learn sulting class, Anna
Trefz, Crosby MBA
about other positions in the company.
student, presJohn Schram (BS BA ’58) hosted an Executive Luncheon, an initiative that adds to the professional
development of students through informal interaction with successful business people.
The number of speakers and Executive Luncheons grows each year. Last year, the college hosted more than 130 speakers. Many
of them are invited as a part of established
10
ents some of her
team’s findings to
the client, while
Pi-Hao “Howard”
Hsiao and the others on the team
await their turn.
Information Technology
Increase the incorporation of information technology in the
college’s curricula, so that graduates, faculty members, and staff
members are known for their IT expertise.
Amy Rold (BS BA ’00, MBA ’03) says her IT learning experiences in the Crosby MBA
Program gave her a head start in a successful career. “The management information
systems emphasis is what helped me get a position with Deloitte in IT Audit. I was
able to start working with a general base of IT knowledge and learned the auditing
concepts quickly,” Rold says. A recipient of a “30 under 30” award from the St. Louis
Business Journal, Rold recently left Deloitte to become an internal audit manager at
Express Scripts Inc.
This spring, Vairam Arunachalam, PricewaterhouseCoopers/Joseph A. Silvoso Professor
of Accountancy, received an Excellence in Teaching with Technology Award from MU.
With the help of several grants and collaborations with software companies, Arunachalam has taught his students a number of applications relevant to the field of accounting,
ranging from enterprise resource planning to data mining.
In a specific example of IT in the classroom, Doug Moesel, associate professor of management, developed a course with Cerner Corporation and a professor from Kansas
State University that uses videoconferencing technology. This fall, undergraduate students from MU and Kansas State University have weekly class sessions with Cerner’s
training managers and consultants, using both direct videoconferencing and Live
Meeting software. At the end of the semester, student teams will make presentations to
Cerner’s management describing their IT solutions to problems that hospitals face in
delivering health care efficiently and effectively to their patients.
“Videoconferencing enables students to benefit from the expertise of real consultants
and get access to feedback on their day-to-day experiences with clients in hospitals and
clinics around the world,” Moesel says. “Technologies like this give our students exposure to a wider range of expertise and access to more executives.”
New Priorities:
• Accountancy
• Diversity
• Doctoral Programs
•Entrepreneurship
•Economic Development
• Financial Services
• Professional Development
• Quality Learning
In a management course, videoconferencing
technology is used to connect MU students to
Cerner executives who provide instruction during the class.
Accountancy
Improve the national reputation
of the School of Accountancy.
Established in the late 1970s as the first
school of accountancy at a major university, MU’s School of Accountancy remains
a leader nationally and aspires to greater
prominence. The graduate accountancy
program is ranked 14th nationally according to the Public Accounting Report’s
annual survey of accounting professors.
In the past five years, MU graduates have
received both the highest and the third
highest scores in the nation on the CPA
exam out of 50,000 test takers. In 2003,
MU students led the nation with regards
to first-time pass rate on the CPA exam.
This evidence of quality explains why MU
accountancy graduates are highly sought
by the best firms in the nation, with nearly 100 percent placed in jobs by graduation. “I expect we could place most of
them two or three times each,” proclaims
Tom Howard, Joseph A. Silvoso Director
11
Diversity
Enhance diversity in the
composition of the college’s
students, faculty, and staff, and
in the college’s educational
programming.
Rickey Lee attended an etiquette dinner given by
the Black Business Student Association.
of the School of Accountancy. Howard
says that graduates are actively recruited
by the “Big Four” CPA firms and some
students take positions with local and regional firms.
Mark Gingrich (BS BA ’06, M Acc ’06),
who is attending law school at the University of Iowa, says he had two elite internships with BDO Seidman LLP – an audit
internship in London, and a tax internship
in New York City. “Most of my friends
had internships, and all who wanted positions had offers by December of their final
year,” Gingrich says.
“Being designated as a strategic priority of
the college is a validation of what we have
been doing for many years and certainly
is a motivation to do even better in the
future,” Howard says. The school’s objectives focus on continuing excellence in
faculty teaching and research, placement
of graduates, student performance on professional examinations, and controlled expansion of the master’s program.
12
The college believes that a diverse student
body, faculty, and staff are essential to
the complete education of business students. As with many other priorities, the
accomplishment of diversity objectives is
interwoven with objectives related to other priorities. For example, when alumnus
Daryl Smith, who is the senior vice president of human resources at ESPN Inc.,
met with three business students at an Executive Luncheon last fall, the college was
making strides with both its diversity and
collaboration priorities.
efforts to create a more diverse atmosphere. Guest speakers who are minorities
definitely influence our students’ lives and
perspectives,” says Sue Yun, coordinator
of student diversity programs. “I think the
college will continue to strengthen its efforts with diversity, and I intend to provide leadership in that regard.”
Doctoral Programs
Strengthen the quality of the
college’s two doctoral programs.
Recent graduates of the college’s doctoral
programs in accountancy and business administration give highly positive reviews
of the doctoral faculty. They identify their
working relationships and research collaborations with MU faculty mentors as
a benefit to their career development and
“The luncheons are a great forum for dis- an advantage over their colleagues at other
cussion and interaction with the students,” universities.
says Smith. “But even more than that, I’m
happy to be involved because I think it is Dana Haggard (PhD ’06), who served on
important as a person of color that I share the college’s strategic planning committee,
thinks her doctoral program prepared her
a message of success with students.”
well for her position as assistant professor
The Speakers Series also provides business of management at the University of Southstudents an opportunity to hear from mi- ern Mississippi, which she began this fall.
nority business leaders such as Michael She especially appreciated the encourageRoberts, who founded The Roberts Com- ment she received from the college’s facpanies. The St. Louis-based firm has wide- ulty members in starting her own research
ranging ownership interests, including and the advice they provided on teaching
telecommunications, real estate, consult- issues.
ing, aviation, and television.
The “interaction effects” across the priOther diversity-focused programs include orities is clearly evident in relation to the
the Vasey Academy, a program that helps college’s PhD programs. These doctoral
minority students learn about careers in programs are directly related to the pribusiness, and student-organized activi- orities of academic research and quality
ties, such as the Diversity Conference. “I learning. In addition, with their highlyam strongly encouraged by the college’s qualified and energetic students, the doc-
A team from an
entrepreneurship
class made it to
the “Final Four”
in the Big 12
New Venture
Championship;
from left, Maria
Ines MiroQuesada, Paul
Pattison, Chris
Bradshaw, and
John Pelikan (read
more on page 22).
toral programs are crucial in helping the
college attract and keep faculty members
who are not only effective instructors but
also productive researchers.
Entrepreneurship and
Economic Development
Establish an entrepreneurship
initiative to stimulate
instruction, research, and
collaborative activities within
and beyond campus and
thereby advance economic
development.
Mike Hutchison, a senior, says his urge to
innovate and lead is a part of his personality – he says he’s always just been that
way. At age 16, he started a power-washing
business in his hometown of St. Charles
that has doubled in size every year.
Hutchison is a member of inaugural class
of students in the Flegel-Source Interlink
Academy for Aspiring Entrepreneurs in
the MU College of Business. Pilot-tested
in spring 2006 and launched this fall, the
academy prepares students to embark on
entrepreneurial ventures armed with both
skills and confidence. The academy is underwritten by a gift from Leslie Flegel (BA
’59) and his wife, Elynor.
shown me a completely different area of the business world than most business schools
present,” he says.
The college believes entrepreneurship and new-enterprise creation drive economic development. Its objectives in this area range from expanding course offerings and providing
related professional development activities to offering vital assistance in commercializing the university’s scientific discoveries.
Financial Services
Enhance education and augment collaborative efforts with
professionals in the areas of financial services, including real estate,
risk management, banking, and investment management.
Last fall, 45 undergraduate, MBA, and PhD students in the College of Business took
a very memorable field trip to Omaha, Nebraska. During a 90-minute session in late
morning as well as at lunch, students had the opportunity to pose investing questions
and receive direct, and sometimes humorous, answers from legendary investor Warren
Buffett. As part of the trip, the students also had the chance to tour the Nebraska Furniture Mart and Borsheim’s, two retail enterprises owned by Berkshire Hathaway, the
company headed by Buffett.
The trip was arranged by Harvey Eisen (BS BA ’64), who has known Buffett for 20
years. In 1997, Eisen agreed to provide the funding for a stand-alone course, Investment
Strategies of Warren Buffett, and most of the students on the field trip were taking or
had completed this course. During the Q&A session, Buffett talked to students about
several of his investing guidelines, including the importance of thinking of stocks as
“part of a business” rather than “things that wiggle around or split two for one” and of
letting the market “serve, not instruct you.”
Jake Halliday, adjunct assistant professor
of management and CEO of the Missouri
Innovation Center, teaches an MBA course
in entrepreneurship in which students divide into teams and develop business plans
to launch high-growth companies. One of
the teams in Halliday’s course last spring
made it to the “Final Four” of the first Big
12 New Venture Championship in Dallas.
(Read more about this entry, PictureCloud,
and other competitions in which business
students have been involved on page 22).
MBA student John Pelikan, who was on
the PictureCloud team, says the college’s
commitment to entrepreneurship sets
it apart. “It has given me a tremendous
amount of practical knowledge and
Warren Buffett (center) gathered with MU students, faculty, and alumni after meeting with them in
Omaha, Neb., where he discussed various aspects of investing.
13
Thanks to the generosity of donors, the
College of Business has been rapidly expanding its educational activities in the
financial services arena. For example, the
Jeffrey E. Smith Institute of Real Estate
was established by alumnus Jeffrey E.
Smith (BS BA ’72). Read about the institute on page 2.
Other companies and donors have also
funded real estate and financial services
initiatives. With the help of some of the
firm’s partners, Colliers Turley Martin
Tucker (CTMT), a commercial real estate
firm, established the CTMT Scholar position. David West, professor of finance,
is the college’s first CTMT Scholar. A
gift from Duncan Matteson (BS BA ’56)
and his wife, Shirley (Arts ’55), created a
named position, the Matteson Professor
of Financial Services, and the Matteson
Financial Services Excellence Fund.
classes but also participate actively in the
college’s educational activities. Likewise,
this effort includes assuring that all of the
college’s instructors, including doctoral
students and part-time faculty members,
are well prepared for their teaching responsibilities.
Danielle Touchon read the book, The World is Flat,
as part of the Cornell Leadership Program course.
A class discussion followed, led by Bill Little (BS
BA ’64), president of Quam-Nichols Co.
Of course, the college’s curricula and
other educational programs are integral to
quality learning. In that regard, teaching
methods and class sizes are varied to meet
the needs of different groups of students,
stretching from freshmen to PhD students.
In addition, new programs are designed to
serve selected students. A prime example
is the new Cornell Leadership Program,
which is intended to attract the “best and
brightest” students to the College of Business and to provide them with distinctive,
challenging, and stimulating learning experiences. (See page 4 for more details.)
Professional Development
Quality Learning
A Winning Score
Enhance the breadth and depth
of professional development experiences of undergraduate business students.
Enhance the quality of learning
throughout the College of
Business.
Just like well-managed businesses and the
MU football Tigers, the College of Business aspires to achieve results at a high
national level. In order to advance the
Strategic Plan, the college has created a
Strategic Priorities Fund and a new donor recognition plan to generate private
support for the 11 priorities (see page 6).
According to Walker, “I’m confident that
our new game plan will allow us to build
and sustain productivity and excellence in
the college’s educational activities. If we do
that, we will deserve and – I think – will
earn a reputation as one of America’s ‘Top
20’ public business schools.”
Melody Marcks (BS BA ’83), VP and
director of human resources and training for Boone County National Bank in
Columbia, served on the planning committee. “Working in human resources,
I understand the value of students’ not
only acquiring knowledge through their
coursework, but also a large measure of
professionalism through extracurricular
activities,” Marcks says. “The combination makes graduates more attractive to
prospective employers.”
This fall, to better prepare its students, the
college launched a broader, more formal
Professional Development Program for
undergraduate business students. Beginning in their freshman year, students will
be placed in situations that help them
shape their personal values and develop
the professional skills that are needed to
be successful in the business world. According to the college’s plan, and subject
to faculty approval, the Professional Development Program will become a graduation requirement for all undergraduate
business students.
14
2006
MU’s business school has always emphasized effective – in fact, excellent – teaching
because it is essential to quality learning. Faculty members in the college have
earned 20 university-wide or state-level
teaching and advising awards since 2000.
“Excellent teaching and, more broadly,
quality learning are at the core of what
we do,” says Dean Bruce Walker. Quality learning requires a broad-based effort
that extends to developing a mindset in
students to not only be prepared for their
“Whether through leadership training, case
competitions, job-shadow opportunities,
mentoring, or other professional development
activities, we want of our students to be ready
to contribute immediately when they start their
first post-graduation job.”
Mary Beth Marrs, assistant dean
The Herbert J. Davenport Society
New members and Dean Walker at the annual banquet: seated (from left) are Linda Maloney, Betty Bluedorn, Joanne Cable, Phyllis Bascomb, Patricia
Shelton, Carol Bender, Jackie Gingrich, Penny Walli, Shuba Ratneshwar, and Mitzi Foster. Standing (from left) are Betsey Kimes, Brian Kimes, Joe Maloney,
Allen Bluedorn, Gene Cable, Stuart Bascomb, Terry Shelton, Rick Bender, Andrew Gingrich, Bruce Walker, Steve Walli, Ratti Ratneshwar, Mark Foster, Will
Markel, and Amy Markel.
Davenport Society Celebrates New Members
“The Davenport Society
celebration offered an
enjoyable opportunity to
meet alumni and other
supporters of Mizzou’s
business school. It was also
inspiring to speak with
current students. They are
the primary reason why
my wife, Phyllis, and I stay
involved with Mizzou.”
Stuart Bascomb (M Acc ’65), a new
member who is chairman of Amerisight,
Inc. and serves on the college’s Strategic
Development Board
T
welcomed 21 new members and
honored current members’ recent
donations to the College of Business at its 2005 annual banquet. Held on
Homecoming weekend, the event provided
the college’s alumni with a special opportunity to return to Mizzou and meet with
leaders, students, faculty members, and fellow alumni.
Dean Bruce Walker opened the banquet
with an enthusiastic report on College of
Business successes during the past year. He
also expressed the college’s commitment to
the state’s and the university’s initiatives
related to economic development and entrepreneurship.
Bill Linnenbringer (BS Acc ’70), the 2005
chair of the Davenport Society, praised all
of the couples and individuals who have
contributed to the success of the college
by making donations in support of faculty,
students, programs, and also Cornell Hall.
He then brought the audience to their feet
by announcing that the College of Business
had raised $54 million, exceeding its goal
of $40 million, during the first five years of
the For All We Call Mizzou campaign.
Missouri governor Matt Blunt was the keynote speaker. He summarized various economic development programs in the state
and explained how research activities at
universities contribute to the prosperity of
the state. Blunt said that MU, as Missouri’s
flagship university, plays an essential role in
shaping Missouri’s social, economic, and
cultural future.
Tom O’Neal, the college’s executive director of advancement, recognized advancing
members of the Society. He also explained
that each of the 21 new members had
qualified for the Society by making a gift
or pledge of at least $25,000 in support of
the college. New members were introduced
to the banquet audience by College of Business students while Dean Walker and MU
Chancellor Brady Deaton presented them
with Davenport Society medallions.
The celebration concluded with the energetic music of Marching Mizzou, led into the
banquet room by the Homecoming grand
marshal and legendary basketball coach
Norm Stewart. The event ended with cheers
for Coach Stewart, Marching Mizzou, and
the prospect of a victory over Iowa State
in the Homecoming football game (which
was accomplished).
15
Advancing Members
Distinguished Patron Level
Roger and Sandra Vasey
Patron Level
Kenneth and Carolyn Brown
Harvey Eisen and Andrea Herron
William and Christine Linnenbringer
Benefactor Level
Leslie and Elynor Flegel
C. Ray and Cheryl Holman
David and Jane West
Sponsor Level
William Franklin
Thomas and Camille Frogge
Timothy and Sally Snavely
New Members
Stuart and Phyllis Bascomb
Stuart Bascomb (M Acc ’65) is chairman
of Amerisight, Inc., one of the nation’s first
ophthalmologic surgery benefits management companies. He was also one of the
founders of Express Scripts and retired
as executive vice president and director.
Phyllis Bascomb received her bachelor’s
degree in history in 1964 from MU. The
Bascombs reside in St. Louis. See profile
on page 26.
Rick and Carol Bender
Rick Bender (BS BA ’73) retired in 2002
as senior vice president of operations and
administration for Spectrum Brands
Corporation. He is currently a member
of the college’s Management Advisory
Board. Carol Bender serves on the board
of directors of 100 Neediest Cases, an
agency of the United Way of Greater St.
Louis. The Benders reside in Manchester,
Mo.
Allen and Betty Bluedorn
Allen Bluedorn is the Emma S. Hibbs
Distinguished Professor of Management
and chair of the Department of Management at the MU College of Business.
Betty Bluedorn recently retired from the
Missouri Department of Mental Health,
where she worked for 20 years as a nursing supervisor with the Supported Community Living Program.
Lowell “Gene” and Joanne Cable
Gene Cable (BS BA ’49) founded Gene
Cable Chevrolet in Independence, Mo.
in 1956. Joanne Cable is a member of the
Independence Junior Service League and
has served on the boards of the University
of Missouri-Kansas City Truman campus
and the Music Arts Institute. The Cables
live in Lee’s Summit, Mo.
Mark and Mitzi Foster
Mark Foster (BS ’70) received a law degree from Duke University in 1973 and
is an attorney and managing partner at
Stinson Morrison Hecker LLP in Kansas City. Mitzi Foster, a freelance artist,
received a bachelor’s degree in education
from the University of North CarolinaChapel Hill and has taught school in several states. The Fosters reside in Kansas
City.
Arthur and Josephine Friedman
The Friedmans were inducted into the Society posthumously. Arthur (BS BA ’35)
earned his MBA and PhD degrees from
Northwestern University; served overseas
in World War II, the Korean War, and
Vietnam; and retired as a brigadier general. Josephine Friedman received her
bachelor’s degree from Central Missouri
State University and did postgraduate
studies at MU. Their last place of residence was San Antonio.
Andrew and Jacqueline Gingrich
Andy Gingrich (BS Acc ’78) is the chief
financial officer of MBS Textbook Exchange, Inc.. Jacky Gingrich (BS Acc ’78)
works part-time with the profit-sharing
plan of MBS Textbook Exchange, Inc.
The Gingriches reside in Columbia.
Dean Henderson
Dean Henderson (BS BA ’70) had a successful career with KPMG and is now the
founder and president of Henderson &
Associates, CPA’s, P.A., a tax CPA practice. He is also president and owner of
Blue Ridge Spring Water, Misty Mountain Development, and DRH Acquisition
Company. Dean resides in Tampa.
Brian and Elizabeth Kimes
Brian Kimes (BS BA ’99) is director of
acquisitions at Affordable Equity Partners, Inc., an affiliate of Jeffrey E. Smith
Companies in Columbia. Betsey Kimes
(B Ed ’99, M Ed ’00) is a teacher for the
Columbia Public Schools.
Thomas and Barbara Laco
Tom Laco (BS BA ’51) retired in 1989
as vice chairman of the board of Procter
& Gamble. Barbara Laco studied art at
Connecticut College for Women at MU.
She has volunteered for over 30 years as a
teacher of nature subjects to grade-school
children. The Lacos reside in Okatie, S.C.
Bill Linnenbringer (BS Acc ‘70)
led a toast to celebrate the
college’s success in raising $54
million during the first stage
of the For All We Call Mizzou
campaign.
16
Joe and Linda Maloney
Joe Maloney (BS Acc ’83, M Acc ’84)
is an audit partner at KPMG LLP in St.
Louis and is actively involved in KPMG’s
recruiting efforts at MU. Linda Maloney
(BS Acc ’83) formerly worked in internal
audit and currently enjoys being a homemaker and volunteering. The Maloneys
reside in St. Louis.
Woody and Donna Simmons
Woody Simmons (BS BA ’89) is vice president of governmental affairs for Verizon
in Tallahassee, Fla. Having previously
served as chief of staff to the president
of the Missouri senate, Donna Simmons
is currently the Florida Private Industry
chairman on the American Legislative
Exchange Council.
Will and Amy Markel
Will Markel (BS BA ’97) is vice-president
and COO of Affordable Equity Partners,
Inc., an affiliate of Jeffrey E. Smith Companies in Columbia. Amy Markel (AB
’96, JD ’99) is an attorney and owner of
Markel Law Offices LLC in Columbia.
Christopher Vincent
Christopher Vincent (BS BA ’78) is a
principal and head of fixed income (investment management) at William Blair
& Company LLC. He earned an MBA
degree from Saint Louis University in
1984 and was awarded the Chartered Financial Analyst designation in 1990. He
lives in Chicago.
Richard Miller
Richard Miller (AB ’70) has been president and CEO of Miller’s Professional
Imaging since 1976. He was awarded the
honorary degree of doctor of humane letters by MU in 2000 and currently serves
as chair of the campaign steering committee for the College of Arts and Science. Richard and his wife, Nancy, reside
in Pittsburg, Kan.
Ratti and Shuba Ratneshwar
Ratti Ratneshwar is the Bailey K. Howard World Book Chair of Marketing and
chair of the Department of Marketing
at the MU College of Business. Shuba
Ratneshwar earned her bachelor’s degree
from Delhi University and is involved in
numerous cultural activities organized by
the local Indian-American community.
Edward Vincent
Ed Vincent (BS BA ’42) retired in 1985
as manager of the Quaker Oats Company’s Los Angeles Distribution Center. Ed
moved back to his hometown of St. Joseph, Missouri in 1990.
Steven and Penny Walli
Steve Walli (BS BA ’82) is the president
and CEO of UnitedHealthcare of the
Midwest. Penny Walli volunteers with
the Parent Teachers Organization and is
secretary of the New Neighbors League.
The Wallis reside in Chesterfield, Mo.
Governor Matt Blunt, shown with Dean Bruce
Walker, gave the keynote address.
Craig and Meta Wendt
Craig Wendt (BS Acc ’92) and Meta
Wendt (BS Acc ’93) are both partners at
PricewaterhouseCoopers in Los Angeles.
The Wendts reside in Pasadena, Calif.
Felix Wright
Felix Wright is the chairman and former CEO of Leggett & Platt, Inc. in
Carthage, Mo. He earned his bachelor’s
degree from East Texas State University.
Felix resides in Carthage.
Society Names Chair for 2006
Terry and Patricia Shelton
Terry Shelton (BS BA ’73) earned an MBA
degree from the Harvard Business School.
Now retired, he served as vice president
of business development for both Aventis
Pharmaceuticals and Pharmion Corporation. Patricia Shelton, also retired, earned
her bachelor’s degree from Friends University and was director of human resources
for Transportation.com. The Sheltons reside in Independence, Mo.
Jeff Smith (BS BA ’72)
Jeff Smith, president and founder of Jeffrey E. Smith
Companies (JES), is a member of both the college’s Strategic Development Board and the steering committee
for MU’s For All We Call Mizzou campaign. Generous
financial support from Smith enabled the college to
establish the Jeffrey E. Smith Institute of Real Estate
in January 2006 (see page 2). Smith has more than 30
years of experience in the real estate industry. Founded
in the early 1980s, JES has developed more than 4,000
multi-family and senior properties with investments in
another 10,000 housing units.
17
Crosby MBA Program Updates
Education through Consulting
S
ome important business skills cannot be learned by reading a book or
listening to a lecture. Accepting that axiom, the Crosby MBA Program
gives students the opportunity to apply practical knowledge in a way that
requires creative thinking.
MBA Program Rises
in the Rankings
The College of Business has a vision of
being a top 20 public business school.
For that to happen, the reputation of
the Crosby MBA Program must continue
to improve on a national basis.
In U.S. News & World Report‘s 2007 rankings of MBA programs, the Crosby MBA
Program moved up to #59. This position
keeps the program in the top quintile of
MBA programs nationally among the 399
master’s programs in business accredited by AACSB (Association to Advance
Collegiate Schools of Business). Over the
past five years, the program has moved
up from #81 to its current stature of
#59. Schools ranked among the top 80
programs may promote themselves as
being among “America’s Best Graduate
Schools.”
“This ranking places the Crosby MBA Program within a group of highly respected
institutions,” says Michael Christy, director of the Crosby MBA Program. “Hopefully this very favorable trend will attract
more interest from prospective applicants and recruiting companies.”
According to Christy, the Crosby MBA
Program has been rising in the rankings
as a result of higher student GMAT scores,
now at a median of 625, and the improving recruiter assessment score that is indicative of a high regard for Crosby MBA
graduates among corporate recruiters.
18
In a consulting project course, teams of students analyze situations associated
with a client organization. The classroom lessons in the course go hand-in-hand
with corporate collaboration. Teams work on consulting projects throughout the
semester and manage meetings with their clients and a faculty coordinator.
A second course entailing a team case project is also required in the MBA program. These courses are integral to the curriculum, stressing hands-on learning
and collaboration with companies and other organizations.
During the past year, 33 teams were involved in designing assessments, doing research, and creating marketing strategies for various organizations. MBA students
worked with a wide range of organizations from Columbia and elsewhere in Missouri. A sampling of projects include:
The owner of Suzuki of Columbia, a recently opened car dealership, sought help
in developing a marketing project. Students assisted by identifying the dealership’s
target market, customer demographics, and potential media outlets to promote its
products.
A start-up, IconoPsych LLC will provide a secure Internet network for psychiatrists and counselors to meet with patients via webcams, a practice sometimes
referred to as “telepsychiatry.” MBA students helped the company, started by the
chief psychiatry resident for the University of Missouri Hospital and Clinics, establish the basis of such a network for University Hospitals.
Several teams joined a task force of community members to examine why the
Columbia Regional Airport has experienced declining usage in the past decade
and what resources are available for its revitalization.
Titan Consulting provides outsourced information technology services to businesses around mid-Missouri. The MBA team helped to identify which IT services
mid-Missourians need most and to create more focused marketing materials for
Titan.
An MBA team assisted the Missouri Film Commission in pinpointing potential
decision makers in the film, television, video, and cable industry; determining
how best to reach them; and discovering how to sell Missouri as a viable location
for their projects.
Russelville Bank, located in Russelville, Mo., just south of Jefferson City, expected competition that could disrupt its stable business. Team members collaborated
with the bank’s management to outline the most important strategies banks use to
compete in the financial-services industry and recommended how the bank could
employ these methods.
For more information about potential MBA consulting projects, please contact
Gregg Martin, adjunct assistant professor of management, at 573-884-5257 or email martingd@missouri.edu or call the Crosby MBA office at 573-882-2750.
Student News
Preparing Future Business Leaders Beyond the Classroom
P
rofessional development opportunities for students continue
to grow through a number of
organizations and extracurricular opportunities offered in the college.
During the past year, students learned
from alumni speakers, participated in
conferences aimed at building real-world
knowledge or skills, and served the community through projects.
During 2005-06, the number of student
organizations increased. At the same time,
the types of programs offered by these
groups expanded to cover a
wider range of topics:
Texas for its Corporate Trip in 2005. The
group discussed with Frito-Lay employees the activities of the corporation and
potential employment opportunities for
MU students. Along with the chance to
network, the students on the trip also received career-planning and interviewing
tips.
conference in Austin, Texas, and hosted
speakers from companies such as Famous
Barr, Deloitte, and Monsanto. Delta Sigma Pi also placed second in its first year
of participation in Mizzou’s Homecoming Week and won the annual “Pigskin
Classic,” a flag football game against rival business fraternity Alpha Kappa Psi.
The Black Business Students Association and the College of Business Student Council sponsored a Diversity
Conference at the Reynolds Alumni Center. The one-day conference consisted of
The Marketing Forum members benefited this year from many marketing
professionals who shared their experiences and advice at the group’s meetings.
Speakers came from a variety of companies, including Target, The
Richards Group, E. & J. Gallo,
and Pfizer.
Alpha Kappa Psi, an MU
business fraternity, competThe National Association of
ed against other business
Black Accountants (NABA)
student organizations in a
completed the year with its anvariety of activities, such
nual spring membership drive.
as a Knowledge Bowl and
The NABA welcomed Byron
Mini-Golf
Tournament
Marshal, general manager of
during Business Week. AKJones Lang LaSalle in St. LouPsi was awarded the most
is, as the keynote speaker at its
points of any college orgaluncheon. Marshall spoke about
nization leading to their
public accounting and altereighth consecutive win of
native careers to the group of
the annual competition.
NABA students.
The fraternity also took
The 2005 Excellence through Leadership Conference brought together
Five members of Rho Epsilon,
first place in the campus or- 120 student leaders to develop leadership skills, listen to motivational
the professional real estate fraganizations’ Homecoming speakers, and interact with corporate sponsors. Boeing served as the
corporate facilitator of the event. The company provided keynote speaker
ternity, received awards and
division and received the Sam Jenkins, vice president of ethics for Boeing Integrated Defense Systems,
scholarships for their academic
Pinnacle Award from Alpha and the facilitator for the Leadership Conference, Robert Portney (pictured
achievements. Joe Neely reKappa Psi National. AK- above), ethics advisor for Boeing.
ceived the SIOR Scholarship
Psi also sponsored a Faculty
from
the
St. Louis Chapter of the SoMentorship Award, hosted guest speakers
icebreakers; a visit from representatives
ciety
of
Industrial
and Office Realtors,
from Cintas and Hallmark, and gave its
of the May Company, one of the BBSA’s
Kate
Moore
earned
the Eicon Properties
members an opportunity to mingle with
corporate sponsors; and numerous opScholarship,
Beth
Lawrence
was honexecutives as part of a Mini-Corporation
portunities to discuss diversity within the
ored
by
the
CoreNet
Global
Corporate
Night. Members of Alpha Kappa Psi also
realm of business.
Real Estate Network-St. Louis Chapter,
did extensive fundraising, collecting more
Erin Smith received the MU Outstandthan $13,000 in about 2,900 hours of
Delta Sigma Pi, an MU business fratering Student Award from the Kansas City
selling concessions at MU football, MU
nity, co-sponsored a professional developChapter of Financial Executives Instibasketball, high school basketball, and St.
ment day with Business Career Services,
tute, and Beth Lawrence earned the EarLouis Cardinal games.
sent fraternity members to the Grand
le G. and Ottoline N. Spragg Memorial
Chapter Congress in Orlando, Fla. and
The Black Business Student AssociaScholarship.
the annual Provincial LEAD (Leadership
tion (BBSA) visited Frito-Lay in Dallas,
and Excellence Academies for Delta Sigs)
19
Student News
Sharing Successes
Among Student Councils
The College of Business Student Council
exhibited leadership by hosting the first
annual Big 12 Student Council Conference in September 2005. Representatives
from most of the conference’s business
schools convened in Cornell Hall to discuss fundraising, student orientation,
professional development, and other important council activities. The conference
organizers thought the meeting produced
the desired results, namely meeting student leaders from other schools and sharing information about “best practices” for
Student Council activities.
“Even though there is a healthy degree of
competition among our universities, this
conference provided an opportunity to cooperate. By sharing experiences and ideas,
we can help strengthen our councils and
the quality of business students throughout the Big 12,” says Greg Westrich (BS
BA ’05), former College of Business Student Council president.
Plans are underway for the next conference, which will be held at the
University of Kansas.
LaToya Bond, Christelle N’Garsanet, and Brad Smith
Business Student-Athletes Go Pro
A
fter having performed well in both academics and athletics,
three College of Business students will pursue professional
sport careers. Brad Smith (BS BA ’05), arguably the greatest
quarterback in Missouri history, was drafted by the New York Jets in the
2006 National Football League draft. Although most Mizzou students
and fans recognized Smith as a talented athlete, many of his classmates
and professors also knew him for his serious attitude toward his studies.
The quarterback was part of a team of four business students who won
the Chancellor’s Award for Excellence in Undergraduate Research and
Creative Achievements in 2005. Smith also earned the Big 12 Conference
Scholar-Athlete Medal, an award that honors a male or female athlete in
his/her final year of eligibility for achievements in athletics and academics.
LaToya Bond, a management student, was selected in the second
round of the Women’s National Basketball Association (WNBA) draft
by the Charlotte Sting. Bond was named the Most Valuable Tiger for
MU women’s basketball team for 2005-06. Bond’s teammate and
fellow College of Business student, Christelle N’Garsanet, was chosen
in the third round of the WNBA draft by the New York Liberty. An
accounting major with an internship offer from a Big Four accounting
MU College of Business Student Council members
take their guests, representatives from other Big
12 schools, on a tour of Cornell Hall.
20
firm, N’Garsanet also earned a 2005 Total Person Program Academic
Achievement Award.
From the College to the Community
Mike Christy,
director of the
Crosby MBA
Program, plants
a wet one on
the pig while
Al Bluedorn,
professor of
management,
and Loren
Nikolai,
professor of
accountancy,
wait their
turns.
C
Shannon Breske of the Undergraduate Programs Office
lets a pie fly at Jim Sharrock.
ollege of Business students serve the campus and the broader community
well — and have some fun while doing it:
The MBA Association’s 2005 Relay for Life team raised $6,000, more
than any other team on the MU campus. The funds raised benefit the American
Cancer Society. This achievement earned the team Silver Level recognition nationally.
The Delta Sigma Pi business fraternity continued to participate in community
service projects such as Adopt-a-Highway, Supportive Tigers Riding in Pursuit
of Ensuring Safety (STRIPES), Habitat for Humanity, Tiger Night of Fun, and
Adopt-a-Family.
A college-wide service event brought business students to the Central Missouri
Food Bank. The participating students packed 326 boxes of food in two hours.
Marketing Forum, the student chapter of the American Marketing Association,
participated in promotional projects aimed at building awareness of several nonprofit organizations. They also assisted in boosting attendance at MU volleyball
matches and gymnastic meets, collecting food for the Central Missouri Food
Bank, and promoting Black Business Student Association events.
Faculty and staff members also lent a hand, or face or lips, to help raise money for
two great causes. Jim Sharrock, director of undergraduate advising, and finance
professor John Stansfield allowed themselves to get “pied in the face” to benefit
victims of Hurricane Katrina. The event, sponsored by the Business Ambassadors, raised $580 from faculty members, staff, and students who paid for a chance
to hit Sharrock or Stansfield with a creamy confection.
Representatives from the college’s student organizations
packed more than 320 boxes of food during a collegewide service event at the Central Missouri Food Bank.
Three members of the college’s faculty and staff puckered up to kiss a pig to benefit the Central Missouri Food Bank. Everyone in
the college is invited to vote with donations to select which faculty and staff members will have to smooch the pig. This year, a tie
resulted in three “winners:” Allen Bluedorn, Emma S. Hibbs Distinguished Professor and Department of Management chair; Mike
Christy, director of the Crosby MBA Program; and Loren Nikolai, Ernst & Young Distinguished Professor and director of the 150hour accountancy program. All “won” the kiss and gave the pig a peck on the snout. The event raised nearly $3,000 for the Central
Missouri Food Bank.
21
Student News
Students Excel in Competition
C
ollege of Business students tested
– as well as proved and improved –
themselves through various competitions during the 2005–06
academic year.
Members of MU’s Phi Beta Lambda
(PBL) chapter excelled in the Missouri
PBL State Conference in Jefferson City.
The 10 participating students had nine
top-five finishes. First-place finishes
were earned by senior Keith Strack in
Financial Concepts and freshman Katie
Nibarger in Business Plan and Multimedia Presentation. Four students attended and competed in the national
conference in Nashville, Tenn. Strack,
who graduated in May, brought home
the prestigious award of first place in
the nation in the Financial Concepts
competition. He topped the best two
contestants from every state to win this
award and the $300 prize. Strack’s victory in the national competition is a first
for MU’s PBL chapter in the Finance
Concepts competition. PBL is the college division of Future Business Leaders of America, a national organization
that encourages active preparation for
careers in business.
A team of four MU students made it to
the “Final Four” of the first Big 12 New
Venture Championship in Dallas. The
competition simulates the process of
entrepreneurs soliciting start-up funds
from investors, with the winning team
being eligible for $100,000 in prizes.
The MU team included MBA students
Chris Bradshaw and John Pelikan; Maria Ines Miro-Quesada, a master’s student in journalism; and Paul Pattison,
a master’s engineering graduate. The
team presented its entry, Picture Cloud
LLC, a new enterprise created by Pattison that provides an easy-to-use service
for creating enhanced 360-degree images via the Internet.
Teams of students demonstrated their
entrepreneurial spirit in the First Annual MU Venture Competition. Students in graduate, undergraduate, and
Freshman Interest Group (FIG) divisions entered their original venture
ideas. Prizes for the winning team included lunch with the judges as well
as cash. With a goal of stimulating
entrepreneurial thinking and activities
at MU, the competition was managed
by faculty members Alan Skouby and
Greg Bier, the co-directors of the FlegelSource Interlink Companies Academy
for Aspiring Entrepreneurs in the College of Business.
Seeking to capture a $5,000 top prize,
students participating in the Show
Me Business Plan Competition presented their business models to investors. Three teams of four MBA students
competed in the inaugural competition
this year, which was held in conjunc-
tion with a business-planning course
taught by Jake Halliday, president and
CEO of the Missouri Innovation Center. Isodys LLC, a biomedical venture,
was the winning entry from a team that
included Scott Meier, Anna Trefz, Joseph Muelleman, and Jennifer Ward.
The group was recognized at the University of Missouri Technology Showcase the evening after the competition
concluded.
An MU team competing in the fourth
annual Deloitte Tax Case Study Regional Competition was one of eight
teams to be recognized with an honorable mention in the graduate division.
Fifty-four teams representing 40 colleges and universities competed in the
national competition for undergraduates and graduate tax students.
PricewaterhouseCoopers (PwC) also
sponsors a case competition at selected
campuses around the country. Representatives from PwC come to campus
and give the case to the teams who
then have approximately two weeks
to prepare their report. Among the
10 teams that competed this year, the
team of Ryan Bosworth, Mike Degen,
Marie Findley, Debra Keim, and Jennifer McDonald won the campus-level
event. Their presentation was taped and
sent to compete nationally in New York.
Bosworth and Degen are both now employed by PwC.
Reaching Across Borders
Some of the work of College of Business students extends beyond the college, campus, and even the United States. During her last year at MU, Jordan Smith (BS BA ’06) began MUnity, an organization dedicated to sending children in
Africa to primary school. The impetus for the organization came when Smith learned that for only $16, a child in Africa
can attend school for an entire year.
The organization raised $10,000 during the 2005–06 academic year, enough money to send 100 students through all
six years of primary school. MUnity has used creative methods to collect funds, including trick-or-treating for donations and holding a benefit wine-tasting in downtown Columbia. Thanks to Smith and other MUnity supporters, the
organization is now an official student organization at MU and will continue to raise awareness and funds for primary
education in Africa.
22
Faculty News
Evans Accepts Deanship at Oklahoma
After 15½ years at the MU College of Business, Ken Evans, associate dean for graduate
programs and research and the Pinkney C. Walker Professor of Teaching Excellence,
will leave MU soon to become dean of the Price College of Business at the University of
Oklahoma. His appointment at OU is effective at the beginning of 2007.
“Leaving MU is bittersweet for me,” Evans says. “I have a high regard for my colleagues, have
thoroughly enjoyed working with our students, and have many wonderful memories from my
time at Mizzou.”
Evans has made significant contributions to the college and to MU, both as a faculty
member and as an administrator. He is an award-winning teacher, a mentor to many
PhD students, and a widely published researcher. In addition to his current position,
he previously served as chair of the Department of Marketing, associate dean for undergraduate programs, and doctoral coordinator for marketing – sometimes in tandem.
Evans has also been active on campus in international initiatives, graduate programs,
and in the marketing profession, notably as editor of a journal.
New Faculty
Appointments for
2005–06 and 2006–07
John Bennett, adjunct assistant
professor of marketing
Greg Bier, adjunct assistant
professor of management
Sandra Crews, adjunct assistant
Michael Dorigan, adjunct assistant
professor of finance
“Considering that Ken and I have worked together for 25 years, at Arizona State and
MU, I will miss him greatly as a trusted and productive colleague,” says Dean Bruce
Walker. “Nonetheless, I congratulate him on this wonderful professional opportunity
and am proud that such an important deanship is being filled from the MU College of
Business.”
Dave Farber, assistant professor of
accountancy
Bluedorn Named Associate Dean
Rick Johnson, Emma S. Hibbs/
Frederick A. Middlebush Chair
of Entrepreneurship and professor
of management
Al Bluedorn will succeed Ken Evans as the college’s associate dean for graduate studies and research, effective January 1, 2007. Bluedorn has been a faculty member with
the College of Business for nearly 26 years and has been chair of the Department of
Management since 2003. He also holds, and will continue to hold, the Emma S. Hibbs
Distinguished Professorship.
Bluedorn’s has earned numerous teaching awards at MU, and his research has resulted
in 40 journal articles, a number of which have been in the leading academic journals.
He has substantial expertise in organizations and time. His scholarly book, The Human
Organization of Time: Temporal Realities and Experience, was published by the Stanford
University Press in 2002.
An internal search to fill Bluedorn’s position as department chair has begun.
Marrs to Move into New Role
Mary Beth Marrs will be the first assistant dean for strategic initiatives, a position that
will help to advance a number of the college’s top priorities, including business and academic collaborations, international initiatives, professional development initiatives for
undergraduate students, and the college’s facilities. She was a member of the business
faculty at Idaho State University prior to joining the college in 2000. She became the
college’s assistant dean for undergraduate programs in July 2003.
Grace Hao, assistant professor of
finance
Bill Moser, assistant professor
of accountancy
Andy Puckett, assistant professor
of finance
Karen Schnatterly, assistant
Chris Tuggle, assistant professor
of management
Tim Waid, adjunct assistant
May Zhang, assistant professor
of accountancy
Marrs has been involved with many student organizations and also the college’s Recent
Alumni Advisory Board. She was chosen by the college’s students as Faculty Member
of the Year on three different occasions, has received an Excellence in Education Award
at the campus level, and was named Teacher of the Year by the Kansas City Business
Alumni Chapter.
Marrs will begin her new position when her successor is chosen following an internal search.
23
Faculty News
Vairam Arunachalam,
PricewaterhouseCoopers/Joseph A. Silvoso
Distinguished Professor
in Accountancy, spent
four weeks in summer
2005 in a faculty internArunachalam
ship with the forensics
and investigations group at PricewaterhouseCoopers in Chicago.
Bennett
Bluedorn
John Bennett, adjunct
assistant professor of
marketing, was appointed in spring 2006 to a
three-year term on the
board of directors for
the Marketing Management Association.
Allen Bluedorn, chair of
the Department of Management and Emma
S. Hibbs Distinguished
Professor, served as chair
of the MU Council of
Chairs during the 2005–
06 academic year.
Ken Evans, Pinkney
C. Walker Professor of
Teaching Excellence,
was the keynote speaker
at the First Annual Institute for Knowledge
Service and Innovation
Evans
International Symposium on Service Innovation in Taipei,
Taiwan. He also served a one-year term
as president of the Academic Division of
the American Marketing Association.
Stephen Ferris, James
Harvey Rogers Chair
of Money, Credit and
Banking was appointed
president of the Eastern
Finance Association in
April 2006 for a oneFerris
year term. In July 2005,
earned a master’s degree in strategic studies from the U.S. Army War College.
24
Jake Halliday, adjunct
assistant professor of
management, wrote a
proposal resulting in a
grant of $2.5 million to
MU and the Missouri
Halliday
Innovation Center from
the U.S. Economic Development Administration to be used for
construction of the Business Incubation
Center.
Mark Houston, David
and Judy O’Neal MBA
Professor and associate
professor of marketing,
co-chaired the AmeriHouston
can Marketing Association Summer Educators’
Conference in San Francisco in August
2005.
Murali Mantrala, Sam
M. Walton Distinguished Professor
of Marketing, was a
speaker at the METRO
Management Meeting in
Mantrala
October 2005 in Poland
and at the International Conference
on Entrepreneurship and Management
at The University of Hyderabad in July
2005. He is also serving as guest editor
for a special issue on enhancing sales
force productivity in the Journal of Personal Selling and Sales Management.
Prather-Kinsey
Jenice Prather-Kinsey,
associate professor of
accountancy, served a sixmonth term in 2006 as
an Administrative Faculty Fellow in the office
of the Vice Provost for
International Programs.
Ratti Ratneshwar, chair
of the Department of
Marketing and Bailey
K. Howard World Book
Chair in Marketing,
spent two weeks in summer 2005 and then again
Ratneshwar
in 2006 as a visiting professor of marketing at the University of
Mannheim, Germany.
Ton Stam, Leggett & Platt
Distinguished Professor
of Information Systems, is
a member of a multidisciplinary team that received
a $3.8 million grant from
the
National Institute of
Stam
Health. His role directly
involves his management information systems expertise.
Tim Waid, adjunct assistant professor of management, earned a doctoral
degree from MU in career and technical education in May 2006.
Waid
For the past 18 months,
Bruce Walker, Lansford
Professor of Leadership
and dean, has been a
member of a Chamber
of Commerce task force
that has created a new
Walker
venture-capital program,
Centennial Investors, for mid-Missouri.
Shaoming Zou, associate professor of
marketing, received
the Most Downloaded
Articles-Top 200 Award
from Emerald Literati
Network
in the United
Zou
Kingdom. He was chosen by the Academy of International
Business to serve as the Departmental
Editor of International Marketing for the
Journal of International Business Studies.
Johnson Returns to MU to Serve
in Named Chair Position
Symposium on Economic
Development Draws
Missouri Bankers
Richard “Rick” Johnson has returned to the College of Business as the
Emma S. Hibbs/Frederick A. Middlebush Chair of Entrepreneurship.
Johnson taught in the college’s Department of Management from 1991
to 2003 before leaving to serve as the Puterbaugh Chair in American
Enterprise at the University of Oklahoma. His new position as the
Hibbs/Middlebush Chair will allow him to provide guidance to college and campuslevel entrepreneurship initiatives.
In a symposium at MU in March 2006,
about 50 executives and directors of
Missouri banks had a timely discussion
about economic development. Attendees included bank executives, board
members, regulators, and state employees.
“I am so pleased to be back at MU, especially in this esteemed position,” said Johnson.
“The spirit of entrepreneurship is so essential in business today. With that in mind, I
think it will be rewarding for our students and also my faculty colleagues to become
more and more involved in entrepreneurship education.”
“The purpose of this symposium was
to provide bankers with information
about state programs focused on economic development,” said John Howe,
Missouri Bankers Chair and MU professor of finance. Howe organized the
annual event along with the Missouri
Bankers Chair Advisory Board and Stephen Ferris, the college’s J.H. Rogers
Chair of Money, Credit and Banking.
Johnson’s research has been published in numerous journals, including the Academy of
Management Journal, Strategic Management Journal, Journal of Management, and Business and Society. He was honored on multiple occasions during his prior service at MU.
The college awarded him the John A. Riggs, Jr. Excellence in MBA Teaching Award, the
Raymond F. and Mary A. O’Brien Teaching Award, and the Harry Hall Trice Faculty
Research Award four times.
“Through the generosity of Mr. Hibbs, the college was able to establish six new named
positions, including the Hibbs/Middlebush Chair of Entrepreneurship,” said Dean
Bruce Walker. “Thus these named positions are helping MU’s College of Business retain
our best faculty members and also to attract new talent, like Rick.”
The Hibbs/Middlebush Chair of Entrepreneurship was established through the generosity of the late Sherlock Hibbs (BS BA ’26). The intent of this named position is to provide
recognition and support for an outstanding faculty member in the College of Business
whose work relates to the Austrian School of Economics and entrepreneurship.
Books Published
Billie Cunningham, Loren Nikolai, and John Bazley, Accounting Information for Business
Decisions, 3rd edition, South-Western Publishing Company, 2007.
Dan French, Introduction to Personal Financial Planning and Investing, Kendall/Hunt Publishing, 2006.
Robert M. Doroghazi with Dan French (consulting editor), The Physician’s Guide to Investing:
A Practical Approach to Building Wealth, Humana Press, 2006.
Manfred Krafft and Murali Mantrala (editors), Retailing in the 21st Century: Current and
Future Trends, Springer Publishing, 2006.
Loren Nikolai, John Bazley, and Jefferson Jones, Intermediate Accounting, 10th
edition, South-Western Publishing Company, 2007.
S. “Ratti” Ratneshwar and David Glen
Mick (editors), Inside Consumption: Consumer Motives, Goals, and Desires, Routledge, 2005.
Michael J. Etzel, Bruce J. Walker, and
William J. Stanton, Marketing, 14th edition, McGraw-Hill/Irwin, 2007.
Speakers at the symposium included
the deputy director for the Missouri
Department of Economic Development,
Mike Mills, who discussed the leadership roles of bankers in economic development. Sallie Hemenway, director
of operations for business and community services in the same department,
spoke about economic development
resources available to bankers.
The afternoon speakers were George
Kahn, vice president and associate
director of research at the Federal
Reserve Bank in Kansas City, and Eric
McClure commissioner of finance for
Missouri. Kahn provided economic outlooks for both the nation and Missouri,
and McClure gave a regulator’s view on
economic development.
“This is an extremely timely topic given
the political and economic climate in
the state. Bankers certainly benefit
from economic development, but they
also can be key drivers of economic development,” Howe stated.
The next Missouri Banking Symposium
will be held on Thursday, April 12, 2007.
A planning process to select the symposium theme is underway. For information, call 573-882-3800.
25
Alumni Profiles
Accounting Alumnus Takes
Part in a Revolution
S
tuart Bascomb is very familiar with the transformations that revolutionized the
pharmaceutical industry. In fact, millions of people might say they have been
affected by his career choices.
After graduating from MU and passing the CPA exam with flying colors, Bascomb
began his career in public accounting. Eventually he became a group controller for Pet
Incorporated, where he provided financial support for six operating divisions including
a retail drug division, and later became chief financial officer of Medicare-Glaser, a
publicly held chain of 90 drug stores with sales of more than $100 million.
Stuart L. Bascomb ■ M Acc ’65
Chairman
Amerisight Inc.
At Medicare-Glaser, Bascomb supervised the development of one of the first online
pharmacy systems. This led to his integral role in founding Express Scripts, Inc. As a
leading pharmacy benefits manager (PBM), Express Scripts now serves more than 50
million people in the U.S. and Canada, grosses $16 billion in sales annually, and is
ranked No. 134 in the Fortune 500.
Bascomb was instrumental in the rapid development of Express Scripts from 1989 until
early 2004, during which time he served as executive vice president and director. Except for a three-year period as CFO when the company went public, he was responsible
for sales and account management and its pharmacy network of more than 50,000
pharmacies. He led the effort to build sales from $15 million in 1989 to more than $13
billion in 2003.
“Get a good
education like the
one you can get at
MU. Look for the
right opportunities
and make sure you
enjoy the career
you’ve chosen.”
“When I started in this business in the ’80s, it cost $3 to $4 to process a prescription,”
Bascomb says. “We totally automated it, and it costs pennies now.”
He explains part of his success as being in a dynamic industry experiencing rapid growth.
As drug costs rose, companies were looking to reduce the expense of employee benefits.
PBMs such as Express Scripts provided a solution by contracting with pharmacies to
get volume discounts and by providing cost effective mail order pharmacy services for
maintenance medications.
“Every year we were reinventing our organization,” Bascomb says, noting that in most
years they had more than 50 percent growth in sales, helped in part by an annual 10
percent increase in the overall market for prescription drugs. “It was a pretty exciting
time to be in the PBM business.”
In 2004, Bascomb retired from Express Scripts and organized a start-up company, Amerisight, Inc., one of the nation’s first ophthalmologic surgery benefits management
companies. Today he is chairman of Amerisight, where he works with his son, Linck.
Married 42 years, Bascomb and his wife Phyllis (AB ’64), have three children — Linck,
Christy, and Neal — and six granddaughters.
In 2005, Bascomb visited Mizzou as a Professor-for-a-Day and spoke to business students about strategic management and what it takes to grow a company. He currently
serves on the college’s Strategic Development Board, and Phyllis and he are members of
The Herbert J. Davenport Society.
Bascomb gives sage advice to the college’s business students: “Get a good education like
the one you can get at MU. Look for the right opportunities and make sure you enjoy
the career you’ve chosen. And finally, if you work for a company, act as though it’s your
business — like it’s your own money on the line.”
26
—Teressa Tignor Gilbreth
Columbia Business Owner
Leads National Organization
B
eing part of a second-generation family business has offered Brad Eiffert one
exciting opportunity after another. As vice president and general manager, Eiffert sees Boone County Lumber Company in Columbia as a lab where he can
make discoveries and chart new territory. These experiences have prepared
him well for being the leader of the largest advocacy group for small and independent
businesses.
In January, Eiffert became chairman of the 11-member board of directors for the
National Federation of Independent Business. With 600,000 members, NFIB is the
nation’s most influential business lobby, according to a survey conducted by Fortune
magazine. An NFIB board member since 2003, Eiffert began serving a second threeyear term this year.
“It’s easy for me to get excited about working to protect the freedom to start small businesses and keep regulatory burdens down,” Eiffert says. “I believe in the opportunities
we have in this country because I’ve seen them lived out in front of me.”
Brad Eiffert
BS BA ‘81, MBA ‘84
Vice President and
General Manager
Boone County Lumber Company
Eiffert’s father, Howard, started Boone County Lumber Company in 1965. Eiffert began working for his father’s company after eight years of active duty in the U.S. Air
Force as an aircraft commander and instructor pilot, some of which was spent in the
Persian Gulf during Operation Desert Shield. Eiffert’s brother, Greg, also joined the
business and is now president.
“As a family facing succession issues, we realized the tremendous impact of the ‘death
tax’ and wanted to make sure our legislators knew how difficult it is to pass on a family
business,” Eiffert says. He agreed to take on the family business’ public-policy role.
“I believe in the
In order to increase understanding, Eiffert allowed his family’s story to be published in
national media such as U.S. News & World Report, Time, and CNN Financial News.
He also participated in various forums and made personal visits to U.S. congressmen
and senators to raise awareness and lobby for repeal of the “death tax.” He took part in
the national press conferences when the repeal act was introduced.
we have in this
Since his step into the national public-policy arena, Eiffert was invited to host a “town
hall” meeting at a division of Boone County Lumber when Vice President Dick Cheney
visited in 2004. He also participated in President George W. Bush’s Economic Summit
and in a Small Business and Regulatory Reform session with Cheney.
lived out in front
opportunities
country because
I’ve seen them
of me.”
Today, the Eifferts’ company employs more than 40 people and has added two divisions,
Boone County Millwork and Boone County Installs. The brothers work together on a
daily basis to effectively coordinate sales and operations.
Eiffert lives in Columbia with his wife, Kristin, and their three children Ryan, William, and Benjamin. Since 1999, he has been a member of The Callaway Bank Advisory
Board.
Eiffert highly values his upbringing and the intense entrepreneurial spirit his father
instilled in him. “If you have a good idea, really believe in it and work for it. You can
make it happen,” says Eiffert.
— Teressa Tignor Gilbreth
27
Alumni Profiles
A Journey to Success From Spain
Through Mizzou to Texas
W
hen José Gutiérrez arrived at MU on a freezing day in January 1982, he knew
he was taking the first step into a new frontier of his life. Deciding to leave
his native Spain to study at a university 5,000 miles from home began the
journey that would lead him to his current position as president and CEO of
AT&T Southwest.
The MU School of Accountancy’s excellent reputation and thoughtful counseling by
College of Business professors and staff motivated Gutiérrez’s decision to pursue both
his bachelor’s and master’s degrees in accountancy. He credits his Mizzou education not
only with preparing him to pass the CPA exam on his first try, but also with educating
him about the ethical issues surrounding the field of accountancy.
José M. Gutiérrez
BS Acc ’84, M Acc ’85
President and CEO
AT&T Southwest
“It’s humbling and
very satisfying to
share what I hope
is valuable insight
from my career in
business with new
generations of
students.”
Gutiérrez still heeds the advice he received from the MU School of Accountancy’s
founder, Joseph A. Silvoso. “I will always remember Dr. Silvoso telling us that our reputations are the most valuable assets we would ever own as professionals,” Gutiérrez says.
“Years later, as I now read about cases of corporate and political corruption, I recall Dr.
Silvoso and his guidance.”
Gutiérrez’s success as a student earned him a position at Peat Marwick (now KPMG)
one year before he graduated. The company agreed to hold a position for him until he
earned his master’s degree.
“I was lucky to attend a university with one of the top-ranked schools of accountancy,”
Gutiérrez says. “Mizzou also provided me the fertile ground I needed for my overall
growth and development as a person.”
Gutiérrez went on to earn an MBA degree from Northwestern University and held positions in strategic planning, consulting, and auditing at KPMG Peat Marwick before
joining SBC Communications in 1991. As SBC’s executive director of international
business development and director of mergers and acquisitions, he was responsible for
negotiating and executing domestic and international transactions and alliances.
In 1999, SBC appointed Gutiérrez to be VP and general manager for the greater Texas
region of Southwestern Bell Wireless. In 2000, he was head of investor relations for
SBC Communications. In 2001 he became senior VP of sales for SBC Directory Operations. In 2004, Gutiérrez became president of wholesale, operator services, public
communications, messaging, paging, and video services in SBC’s 13-state territory.
He was appointed to his current position in December 2005, following SBC’s acquisition of AT&T. As president and CEO of AT&T Southwest, Gutiérrez has direct responsibility for all regional operations, including network, and consumer and business
sales.
Gutiérrez maintains close ties with his alma mater. He worked with the college’s MBA
students on a project for SBC, and now serves on the advisory board for the Crosby
MBA Program. According to Gutiérrez, he looks forward to interacting with more students when he spends a day on campus this fall as an “Executive-in-Residence.”
Gutiérrez, who lives in Dallas with his wife, Diane, and two children, has come a long
way since his days as a Mizzou undergraduate. Now he enjoys contributing to the education of students about to embark on their own professional journeys.
— Priya Ratneshwar
28
In the Business of Education
N
ikki Krawitz’s adventurous spirit together with her unwavering belief in the
importance of education has led her from being a teacher of learning disabled
children to serving as the University of Missouri System’s vice president of
finance and administration. Krawitz received a BA degree in elementary education from Washington University and, in 1967, a master’s in special education from
Columbia University. She earned a master’s degree in accountancy from MU several
years later.
During the early part of her career, Krawitz diagnosed and taught children with learning and language problems. She took a break from teaching when her son Adam was
born. When Krawitz decided to reenter the workforce, she pursued other interests. An
economics class at Rice University whetted her appetite for business.
In the early 1980s, Krawitz moved to Columbia when her husband, Aaron, was hired
by the MU College of Engineering; they continue to reside in Columbia. She read
about the accounting program in the MU College of Business and called the School
of Accountancy.
Natalie “Nikki” M. Krawitz
M Acc ’82
Vice President
of Finance & Administration
University of Missouri System
“If the accounting program at MU hadn’t been so supportive and welcoming, I probably wouldn’t be where I am today,” Krawitz says. “It gave me the foundation that I
needed to pursue all of these opportunities.”
After receiving her master’s degree in accountancy in 1982, Krawitz joined Stephens
College to teach accounting and finance. Subsequently, she held various academic and
administrative positions there, including vice president of finance and business.
“It’s the mission
In 1996, Krawitz joined the UM System as consultant to the executive vice president
of finance and administration. She then became controller for the entire System and,
in 2002, was appointed to the position she holds now. As vice president for finance and
administration, Krawitz oversees treasury operations including the management of the
University’s endowment and retirement trust funds; financial accounting; system-wide
budgeting; risk and insurance management; procurement; institutional research; and
facilities planning and design.
institution that
“This position comes with enormous rewards and challenges, one of which is providing
leadership during a time when state support for higher education has been reduced and
continues to be under serious pressure,” Krawitz says.
To help meet this challenge, Krawitz tries to maximize System resources so the university is not overly dependent on tuition or state appropriations. For example, in order
to help minimize tuition increases, Krawitz strives to increase returns on the System’s
cash investments, endowment and retirement funds, and minimize the cost of capital.
of an educational
attracts me. I had
the opportunity to
go to the business
sector, but I really
am committed to
higher education.”
Although she is a CFO, Krawitz continues to educate in many ways. Until 2003, she
co-wrote the study guide for every edition of a textbook by Loren Nikolai, the Ernst &
Young Distinguished Professor in Accountancy. Krawitz conducts workshops for faculty on higher-education finance and budgeting for the American Council on Education, and she works with Missouri ACE-Net, an organization that promotes leadership
positions for women in higher education.
“It’s the mission of an educational institution that attracts me. I had the opportunity to
go to the business sector, but I really am committed to higher education.”
— Priya Ratneshwar
29
Alumni News
Vasey Receives Honorary Degree
Dean Bruce Walker and Assistant Dean
Mary Beth Marrs with Roger Vasey (center)
at MU’s Honors Convocation in May.
Kenneth Dean Day, left, and Bill
Dahlin at the May 12 convocation.
Senior Seniors Receive
Their Degrees
At the College of Business convocation on May 12, most of the graduates
crossed the stage with eager anticipation of the careers that await them.
However, earning their degrees was a
finishing touch to already distinguished
careers for two graduates — Bill Dahlin
and Kenneth Dean Day.
Dahlin came to MU as a World War II veteran in 1947, attending classes through
benefits received from the GI Bill. When
the benefits ran out in 1950, Dahlin left
school six hours short of earning his degree to open his own business and get
married.
After running a successful business for
nearly 40 years, Dahlin now works as
a special accounts manager for Wiese
Planning & Engineering Inc. in St. Louis.
Recently, his children urged him to return to school to finish his bachelor’s
degree with an emphasis in marketing.
With special permission, Dahlin took
the remaining classes at University of
Missouri–St. Louis and received his wellearned diploma.
Day’s path was similar to Dahlin’s. He
too served in the military during World
War II and then attended MU from 1946
to 1950. He was recalled to active duty
in the U.S. Corps of Engineers during
the Korean Conflict.
Roger Vasey (BS BA ’58) received an honorary doctor of humane letters degree for
his contributions to business, education,
the University of Missouri-Columbia, and
its College of Business. MU Chancellor
Brady Deaton conferred the degree upon
Vasey at the Honors Convocation on May
13, 2006.
After graduating in 1958, Vasey completed three years of service in the U.S. Navy.
Then he began his career in the investment banking industry, holding positions
with several major firms. In 1979, he joined Merrill Lynch & Co. Inc., one of the
largest investment banking firms in the world. He eventually became head of the
debt markets group and later was promoted to executive vice president. According to an article in The Wall Street Journal, Vasey was “credited with building the
firm’s worldwide bond business.” After retirement, he remained a special advisor
to the chairman of this world-renowned financial corporation.
Vasey and his wife, Sandy, have done much work to create better opportunities for
minority students. In 1997, he and Sandy established the Vasey Academy in the
MU College of Business to expose minority freshmen and sophomores to potential careers in business. Through this program, over 300 students have received
scholarships as well as opportunities to attend lectures, discussions, and field trips
to broaden their career perspectives and benefit from professional development.
Based on the success of the Academy’s first eight years, the Vaseys made an additional gift of $1 million in April 2005. As a result of the Vaseys’ latest generosity,
the number of students in the program will grow from 30 to 60 and the future of
the Academy is assured for another 12 years.
Vasey has earned numerous honors including an MU Human Rights and Diversity Enhancement Award (2001), an MU Faculty-Alumni Award (2000), a College of Business Student Council Award (1999), and a Citation of Merit from the
college (1997). He and Sandy are members of The Herbert J. Davenport Society at
the Distinguished Patron Level. Vasey serves on the college’s Campaign Steering
Committee and the Strategic Development Board.
After that, Day spent many years working as an industrial engineer in Colorado and Missouri, and was also involved
in real estate investments in several
states. Now retired and living in Cottonwood, Ariz., Day was awarded his
bachelor’s degree with a management
area of emphasis.
30
Roger and Sandra Vasey enjoy an opportunity to meet the 2005 Vasey Academy students.
MU Alumni Association
Honors Business Alumnus
College of Business students and alumni, all Delta Sigma Pi members, celebrated
together at a Mizzou football tailgate during the business fraternity’s reunion weekend.
Alumni and Friends of the College Honored
T
he College of Business bestows
the Alumni Citation of Merit,
the college’s highest honor, to
a select group of alumni annually. Deserving individuals who are not
graduates of the college receive a Special
Citation of Merit. At the Honors Luncheon in April 2006, the college awarded six Alumni Citations and two Special
Citations.
Recipients are selected by a vote of the
entire faculty from a pool of nominees.
The award is based on career accomplishments and support of the college
through service on an advisory board,
presenting guest lectures, assisting with
placement of the college’s graduates,
and/or financial contributions.
2006 Alumni Citations of Merit
William Hancock (BS Acc ’75):
President and National Attest Practice
Leader, Mayer Hoffman McCann
PC, and director, CBIZ Accounting,
Tax and Advisory Services Division,
Leawood, Kan.
Joseph Hegger (BS BA ’87): Senior
Vice President, Corporate Operations,
Colliers Turley Martin Tucker, St. Louis.
David Johnson (BS BA ’78): Chairman,
Maxus Realty Trust, Inc., Kansas City,
Mo.
Barbara Kieffer (BS BA ’87):
Senior Manager, Finance Employee
Development, The Boeing Company, St.
Louis.
John Rogers (BS BA ’57): Bank
Consultant, E.L. Burch and Associates,
Platte City, Mo.
Dan Schuppan (BS BA ’67; MBA ’69):
President, MBS Textbook Exchange, Inc.,
Columbia.
2006 Special Citations of Merit
Cynthia Brinkley, President, AT&T
Missouri, St. Louis.
Donald Meyer, Director, International
Marketing, Anheuser-Busch, Inc., St.
Louis.
Two alumni also received a Recent
Alumni Achievement Award at the April
luncheon. This tribute recognizes outstanding volunteer support of the college
as well as the professional accomplishments of alumni who received their degree 15 or fewer years ago.
2006 Recent Alumni
Achievement Awards
Toby Stock (BS BA ’98): Assistant Dean
for Admissions, Harvard Law School,
Cambridge, Mass.
Brian Ungles (BS BA ’96; MBA ’98):
Vice President, Colliers Turley Martin
Tucker, St. Louis.
M
ark Burkhart (BS BA ’76)
received a Faculty-Alumni
Award for 2005. Burkhart
was one of 18 MU alumni
and faculty members to receive the
award, which recognizes individuals for
their professional achievements, community involvement, and service to the
university. This annual awards program
is carried out by the MU Alumni Association.
Burkhart is the president and CEO of
Colliers Turley Martin Tucker (CTMT),
an international commercial real estate
firm with headquarters in St. Louis. He
joined CTMT in 1977 as a property administrator and was named vice president in 1981. Burkhart has been in his
current position since 1993. He has been
commended for his work with CTMT, as
he has assisted in developing the company into a leader in commercial real
estate management in the Midwest.
CTMT is also one of the largest recruiters of MU business students.
Burkhart was crucial in establishing the
college’s CTMT Scholar position, which
is held by David West, professor of finance. Burkhart remains involved with
the college as a member of the Strategic Development Board. He is a member
of the Davenport Society and received
a Citation of Merit from the college in
1998. Burkhart was also a convocation
speaker in 1994 and participated as an
Executive-in-Residence in 1998.
“Being able to give back to the college
and the university throughout my career has been incredibly rewarding,”
says Burkhart. “I am honored that MU
values my contributions as much as I
enjoy continuing to be involved with
my alma mater.”
31
Alumni News
Alumni Donate Time and Talent
M
any College of Business silent auction was also held to benefit
alumni come to the col- the scholarship endowment fund.
lege to speak to classes,
The St. Louis College of Business Alumoffer business advice, or
ni Chapter held its first scholarship
recruit graduates for their companies.
banquet in several years. Two students
Other alumni stay active with the col– Shannon Ferguson and Andrew Frailege through participating in various
ley – received $1,000 scholarships from
alumni groups. These organizations
the chapter. Most of the funds for the
keep graduates connected, provide
scholarships came from a Trivia Night
scholarships, and bring programs to
held in the fall and a silent auction feathe college that greatly benefit stuturing items such as Cardinals tickets
dents. Some examples follow:
and Mizzou mementos.
The MU Business School Alumni of
The St. Louis chapter also started a
Greater Kansas City hosted scholarmonthly dinner club to provide netship recipients, representatives from
working opportunities to alumni and,
the college, and fellow alumni for an
almost as important, to try new restauannual scholarship banquet. James
rants. If you would like to join members
Bereolos, Lauren Houlihan, and Amy
of the St. Louis chapter for a night out,
Sarver received scholarships worth
please e-mail Lisa Rotert at lrotert@
$1,000 each. Terry Shelton (BS BA
ctmt.com.
’73) was named the “KC Alumnus of
the Year.” John Swenson, adjunct as- Among other activities, the Recent
sistant professor of finance, received Alumni Advisory Board (RAAB) advises
the “Teacher of the Year” award. A the college regarding its academic activities, supports programs and events,
32
and helps students make the transition from school to work. More
than 300 alumni volunteered their
time to critique about 300 student
résumés through a RAAB program
this past year. The program is facilitated through e-mail, so alumni
from around the globe were able to
participate. Many informal mentorships were formed as a result of this
program, some of which resulted in
interviews, internships, and job offers for the college’s students.
Alumni participation is essential in
continuing to advance the college.
You are invited to become involved
with a College of Business alumni chapter. For more information
about the St. Louis chapter, contact
Janell Soucie-Pittman at janell_ls@
yahoo.com. If you are from the Kansas City area, contact Angie Burnes
at angela.l.burns@us.pwc.com. For
more information about RAAB, contact Adam Stoverink at adams@AvalaMarketing.com.
Class Notes
1940s
Sheldon Turk (BS BA ’42) of Palm Beach Gardens, Fla. is president of the board of directors
of Golf Villas, a 340-unit condominium development.
Ralph Hook, Jr. (BS BA ’46) of Honolulu, Hi.
was elected director emeritus, ML of Macadamia Orchards, LP-1. He was also a New York
Stock Exchange founding director from 1986
to 2005.
Eloise Clifford Ellis (BS BA ’48) of Fort Worth,
Tex. celebrated her 56th wedding anniversary
with husband Bob in 2005.
Robert Neel (BS BA ’48) of Orlando, Fla. was
inducted into the Hall of Fame at the National
Museum of Funeral History in Houston. He is
chairman emeritus of the board of Woodlawn
Memoriam Memorial Park and Funeral Home
in Gotha, Fla. and past president of the International Cemetery and Funeral Association.
1950s
Robert Zamen (BS BA ’52) of Austin, Tex.
recently retired from his position of VP of the
Texas Hospital Association. He was the
first man to be elected president of the
Texas Association of Healthcare Volunteers.
Bob Pugh (BS BA ’63) of Columbia received
the Community Service Award from the Voluntary Action Center at its “Spring into Action”
fundraiser.
James Estes (BS Acc ’64) of Columbia was
named the 2005 Realtor of the Year by the Columbia Board of Realtors.
James Glascock (BS BA ’65, MBA ’69) of
Columbia has been elected as a director of the
Bank of Missouri.
Noel Shull (BS BA ’70) of Kansas City, Mo.
was appointed to the Missouri Gaming Commission.
Laurence Harkness (MS ’71) of Dayton, Ohio
was honored as the 2004 Montgomery County
Citizen of the Year. The annual award recognizes individuals who have shared their time and
expertise to improve the quality of life of the
community’s citizens.
Jim Spieler (BS BA ’65) of Columbia was honored by the Columbia Lodging Association
with an endowment in his name at the MU
College of Agriculture, Food and Natural Resources. The fund will benefit hotel and restaurant management students.
Larry Jensen (BS Acc ’71) of Englewood, Col.
was appointed president of Leprino Foods.
Charles Brown (BS BA ’67) of Lawton, Okla.
is a Cameron University Foundation Senior
President’s Partner.
Donald Epley (PhD ’72) of Mobile, Al. is director of the Center for Real Estate Studies and
the Ben May Distinguished Professor at the
University of Southern Alabama.
Rodger Riney (BS CiE ’68, MBA ’69) of St.
Louis is president and CEO of Scottrade Inc.,
one of the top 150 privately held companies
in St. Louis according to the St. Louis Business
Journal.
Mark Smith (BS BA ’71) of Jefferson City is
the president and CEO of the Missouri Hospital Association.
William French (BS BA ’72) of Chesterfield,
Mo. is the president of French Gerleman Electric Company, one of the top 150 privately held
companies in St. Louis according to the St. Louis Business Journal.
Larry Downey (BS Acc ’74) of Harrisonville, Mo. is the CEO of Teva Neuroscience, a company named as one of the
“Best Places to Work” by the Kansas City
Business Journal.
Gilbert Shanley, Jr. (BS BA ’55) of
Shreveport, La. was honored by the
American Heart Association in June for
his work as a two-term president of the
Caddo-Bossier Chapter of the AHA and
his five years as a member of the five-state
AHA Southeast Regional Board.
Martha Carpenter Smith (BS BA ’74)
of Overland Park, Kan. rejoined Bank
of America as senior VP and senior client
manager. She was previously CFO of the
United Methodist Church of the Resurrection in Leawood, Kan.
Melvyn Lefkowitz (BS BA ’57) of St.
Louis is the president of Federal International, Inc., one of the top 150 privately
held companies in St. Louis according to
the St. Louis Business Journal.
Edward Kohler (BS BA ’59) of Huntsville, Mo. was elected as the 2005-2006
district governor of Lions Club International for Missouri district 26-C.
1970s
From left, John Hillhouse (BS BA ’69) and his wife, Nancy
(BS Ed ’69, M Ed ’73), and Paul Vogel (BS Acc ’89, M Acc ’90,
JD ’93) mingled while also visiting with other College of
Business alumni at a St. Louis Cardinals game.
James Dierberg (BS BA ’59) of St. Louis
is chairman of First Banks, Inc., one of the top
150 privately held companies in St. Louis according to the St. Louis Business Journal.
1960s
Robert Dierberg (BS BA ’61) of Chesterfield,
Mo. is chairman, president, and CEO of Dierbergs Markets, Inc., one of the top 150 privately
held companies in St. Louis according to the St.
Louis Business Journal.
Michael Stanfield (BS BA ’68) of Leawood,
Kan. is president of VSR Financial Services,
Inc., one of the fastest-growing companies in
Kansas City as featured in Ingram’s “Corporate
Report 100.”
Hugh Williamson (MBA ’69, PhD ’74) of
Colfax, Wis. is director of the Business Administration Program at the University of Wisconsin-Stout in Menomonie.
Homer Duvall III (BS BA ’75) of St. Petersburg, Fla. was appointed chairman
of the Title Insurance Committee of the
Florida Bar Real Property, Probate and
Trust Law Section.
William Gibson (BS BA ’75) of Chesterfield, Mo. is an officer of Arthur Wells
Holdings, Inc., one of the top 150 privately held companies in St. Louis according
to the St. Louis Business Journal.
Steve Hargrave (BS BA ’75, MBA ’78) of
Olathe, Kan. became the chairman of the board
for the Women’s Christian Association, the oldest charity in Kansas City.
Marilyn Ann Teague Tromans (BS Acc ’75)
of Kansas City, Mo. is the CFO of Blue Cross
& Blue Shield of Kansas City, one of the fastest-growing companies in Kansas City in the
“Corporate Report 100” section of Ingram’s
magazine.
33
Class Notes
David Winney (BS BA ’75) of Wichita Falls,
Tex. serves as the city’s human resources and
civil services director.
George Fisher (BS BA ’76) of Plano, Tex. was
recently named VP, franchise sales of PepsiCo,
Inc. Prior to this assignment, he founded the
Pepsi Wal-Mart team and led it to $1 billion in
annual sales.
Steve Lumpkin (BS Acc ’77) of Shawnee Mission, Kan. is the CFO and treasurer of Applebee’s International, which was listed among the
fastest-growing companies in Kansas City in
the “Corporate Report 100” section of Ingram’s
magazine.
Patty Menown Wolfe (BS Ed ’77, AB ’77,
MBA ’80) of Houston, Tex. was promoted to
the position of U.S. business change management consultant on a global SAP system implementation project for Shell Oil.
Dawn Stringfield (BS BA ’80) of St. Louis received the Community Leadership Award from
the Coro Leadership Center. She is the executive director of Lydia’s House, the largest transitional housing program for abused women
and children in Missouri.
Hilton Kahn (BS BA ’81) of St. Charles, Mo.
is a principal of Arthur Wells Holdings, Inc.,
one of the top 150 privately held companies
in St. Louis according to the St. Louis Business
Journal.
Melody Weaver Marcks (BS BA ’83) of Columbia was appointed VP and director of human resources of Boone County National
Bank.
Susan Mitchell Smith (BS BA ’81) of Fairway, Kan. was elected as treasurer of the CCIM
board of directors.
Ann Marie Wamser Schlueter (BS BA ’83, BJ
’83) of Eagan, Minn. is VP of demand planning
for Best Buy Corp.
Daryl Smith (BS BA ’83) of Bristol, Conn.
joined ESPN as senior VP of human resources in January 2006.
Craig Campbell (BS Acc ’84) of Chesterfield, Mo. was appointed to the regional
advisory board of the Midwest BankCentre in Clayton.
Douglas Rau (BS BA ’78) of Kirkwood,
Mo. was promoted to VP of human resources at Sigma-Aldrich.
Maureen Ullrich Davis (BS Acc ’84) of
Bloomington, Ill. is currently the assistant
vice president of information technology
at State Farm Insurance Cos.
Mark Eckhardt (BS BA ’79) of St. Louis
was named an “MS Corporate Achiever”
by the St. Louis Business Journal. Mark
is a VP with Grubb & Ellis | Gundaker
Commercial.
Brian Zimmerman (BS BA ’79) of Atlanta, Ga. was named southeast region
ad sales manager for Real Cities Network.
Three generations of Mizzou fans enjoyed a Thanksgiving
tailgate during the last home game in 2005. From the front,
Randy Oberdiek (BS Acc ‘84); Randy’s mother-in-law, Helen
Coldren; Helen’s mother, Hazel Reed; Randy’s wife, Pam
Oberdiek (Bus ‘84); and Randy’s father-in-law, J.P. Coldren.
1980s
P. Stephen Appelbaum (BS Acc ’80) of St.
Louis was hired as CFO of Cass Information
Systems, Inc.
Jeffrey Comotto (BS BA ’80, JD ’83) of St.
Charles, Mo. was named an “MS Corporate
Achiever” by the St. Louis Business Journal. Jeffrey is the director of federal tax operations with
Anheuser-Busch Companies, Inc.
Sara Brown Humphrey (BS Acc ’80) of Shawnee Mission, Kan. was named by the Kansas
City Business Journal as one of the “Women
Who Mean Business” in 2006.
34
Sheldon Adler (BS BA ’83) of Eden Prarie,
Minn. is director of supply chain management
for the Minneapolis-based Rimage Corporation, a leading manufacturer of CD and DVD
duplicating systems.
George Robinson (MBA ’81) and wife Lobelia
of Alvin, Tex. announced the birth of their son,
Anthony William, on August 18, 2005.
Jeffrey Yount (BS Acc ’77) of St. Louis
was named by the St. Louis Business Journal as an “MS Corporate Achiever.”
Daniel Renz (BS Acc ’79) of St. Louis is
chairman and CEO of Summit Marketing Group, one of the top 150 privately
held companies in St. Louis according to
the St. Louis Business Journal.
Randal Reiners (BS BA ’82), recent president,
CEO and director of The Professional Directors Institute with SEC Commissioner Isaac
Hunt, is now serving as chairman and CEO of
R. Holdings, Inc.
David Caffrey (BS BA ’82) of Leawood, Kan.
is the president of Premier Bancorp, a company
named one of the fastest growing companies in
Kansas City in the “Corporate Report 100” of
Ingram’s magazine.
Mike Helmuth (BS BA ’82) of Prairie Village,
Mo. is a principal at RED Brokerage, a company named as one of the “Best Places to Work”
by the Kansas City Business Journal.
Natalie Rosenfeld Krawitz (MS Acc ’82) of
Columbia was included in Inside Columbia’s
list of “Women of Influence” in the March
2006 issue. (See profile on page 29.)
Brian Nagel (BS Acc ’82) of Great Falls, Va.
was promoted to deputy director of the U.S.
Secret Service.
W. David Myers (BS Acc ’84) of Rogersville, Mo. was appointed to the Firm
Management Committee with PKF North
American Network.
David Putnam (BS BA ’84) of Columbia
was hired by Premier Bank as a senior VP
and chief lending officer.
Barbara Katz Rummerfield (BS BA ’84)
of Chesterfield, Mo. is married to Pat
Rummerfield, the world’s first quadriplegic
patient to recover his fully-functional status.
Pat completed a 155-mile adventure foot race
in the Gobi Desert to raise awareness of spinal
cord injury.
Cathy Miller Behnen (BS Acc ’85) of St. Louis
is a partner with RubinBrown in the internal
audit services group.
Lisa Capshaw Cushing (BS Acc ’85, JD ’88)
of St. Louis and husband Kevin Cushing announced the birth of their third child, son
Keegan Michael Capshaw Cushing, on May 2,
2005.
Frank Sanfilippo (BS Acc ’85) of Sunset Hills,
Mo. was promoted to executive VP at Enterprise Financial Services Corporation.
Sheryl Shannahan White (BS BA ’85) of Kansas City, Mo. was named one of the Kansas City
Business Journal’s “Women Who Mean Business” for 2006.
Nancy Dippell Wahrenbrock (BS BA ’89, JD
’92) and husband Mark of Columbia announced
the birth of their son Clark David on December,
31, 2004.
Jim Dilley (M Acc ’93) of Sapulpa, Okla. is the
corporate controller for Webco Industries Inc.,
a large steel tubing manufacturer with headquarters in Tulsa.
Barbara Keiffer (BS BA ’87) of St. Paul, Mo. is
currently a member of the MU College of Business Management Advisory Board, and she is
also the Mizzou “business focal” for the Boeing
company.
1990s
Todd Sheerman (BS BA ’93, MBA ’94) and
Lori Worth Sheerman (BS BA ’94) welcomed
their daughter Claire Elizabeth on February 22,
2006.
Marilyn Waide Lake (MPA ’87, MA ’94, PhD
’03) of Hutchinson, Kan. recently judged an annual writing competition sponsored by a unit of
the Missouri Writers Guild.
Phil Owen (BS BA ’87) of Kansas City, Mo.
was named a principal with Edward Jones’
holding company.
Lori Garcia Caster (BS Acc ’88) of St. Louis
was promoted to group VP overseeing grocery,
dairy, and frozen foods at Schnucks.
Tom Duvall (BS Acc ’88, BS BA ’88, MBA ’90)
of Independence, Mo. is the CEO of Truckmovers.com, one of the fastest-growing companies
in Kansas City according to Ingram’s magazine.
Dan Henry (BS BA ’88) of Overland Park, Kan.
is president and CEO of Euronet Worldwide,
Inc., one of Ingram’s fastest-growing companies
in Kansas City.
Christy Harris Lemak (MBA ’88, MS ’88) of
Gainesville, Fla. holds the Bice Professorship
in Health Services Research, Management and
Policy at the University of Florida.
Michael Stannard (BS Acc ’88) of Wildwood,
Mo. is executive director of the Missouri Health
and Educational Facilities Authority in Chesterfield, Mo.
Douglas Worley (BS Acc ’88, JD ’97) of Ellisville, Mo. is a partner with law firm Blackwell
Sanders Peper Martin.
Bruce Allen (MBA ’89) of Kansas City, Mo.
is a managing director of MarketSphere Consulting, a company that was named one of the
“Best Places to Work” by the Kansas City Business Journal and one of the fastest growing companies in Kansas City in the “Corporate Report
100” section of Ingram’s magazine.
Christa Cosner Krumm (BS BA ’89) of
Leawood, Mo. was elected to the education
committee of the CCIM board of directors.
William Lawson (BS BA ’89) of St. Louis, Mo.
has joined the law firm of Greensfelder, Hemker & Gale, P.C. as an officer in the Labor and
Employment Practice Group.
Paul Brennan (BS Acc ’90) of St. Louis was
appointed corporate controller of Mullenix
Companies.
Gregory Power (BS BA ’90) of Chesterfield,
Mo. was recognized in the St. Louis Business
Journal as an “MS Corporate Achiever.”
Trishia Watson (BS BA ’90) and family moved
to Douglas, Ga., where she is now involved with
the local school district’s PTO and serves as the
director of her church’s women’s ministry.
Carl Yost (BS BA ’90) of Warrensburg, Mo. is
VP of MarketSphere Consulting, featured in
Ingram’s as one of the fastest-growing companies in Kansas City.
Lyle Rosburg (BS Acc ’91) of Jefferson City,
Mo. is the CFO of the Jefferson City Medical
Group. He married Lori Detjen of Rolla, Mo.
on May 28, 2005.
Bryan Dehner (BS BA ’92) of Kansas City, Mo.
was named one of the “40 under 40 Class of
2006” in the April issue of Ingram’s.
Bradley DeMarea (BS BA ’92) and Christina
Deaton of Chicago, Ill. were married on October 8, 2005.
Karen Johnson (BS BA ’92) of Springfield, Mo.
has joined the worker’s compensation practice
group of Evans & Dixon, L.L.C. as a senior associate.
Steven Gerard Lanham (BS Acc ’92, M Acc
’93) of St. Charles, Mo. is manager of IT Financial Systems for Metro in St. Louis.
Thomas Leritz (BS BA ’92) of St. Louis was
named to the St. Louis Business Journal’s “40
under 40 Class of 2006.”
Timothy Oetting (MBA ’92) of Springfield,
Mo. was named to the “40 under 40 Class of
2006” in the Springfield Business Journal.
Sharon Bragg Wilder (BS BA ’92) of Florissant, Mo. is currently an Edward Jones’ branch
office manager for investment representatives in
parts of Kentucky, Tennessee, and Virginia.
Jason Becking (BS BA ’93, MBA ’95) and wife
Sarah Messer Becking of Columbia announced
the birth of Jack Thayer on June 9, 2005.
Theresa Murray Swisher (BS BA ’94) of Columbia joined Boone County Bank as a consumer banking operations officer.
Nichole Wilson (BS BA ’94) of Chicago, Ill. is
a finance project manager working in the controller’s office of the Chicago Public Schools.
Bryan Pratt (BS BA ’95, JD ’99) of Blue Springs,
Mo. was recognized with the “2006 Legislative
Award” in the St. Louis Business Journal. Bryan
has served as a state representative since 2002.
David Sides (MBA ’95, MHA ’95) of Kansas
City, Mo. is VP of Cerner Corporation, one of
Ingram’s fastest-growing companies in Kansas
City in their “Corporate Report 100.”
Angela Marchbanks Cunninghman (M Acc
’97) of Columbia has become a principal at
Marberry Miller & Bales.
Yong Kim (PhD ’95) was named to the position
of visiting assistant professor at the University
of Southern Indiana after spending a semester
with the Department of Finance at MU as a visiting international scholar.
Matthew Volkert (BS BA ’95) of Columbia
is now a partner in the law firm of Van Matre,
Harrison, and Volkert P.C.
Robert Sprague
Leawood, Kan. is
listed among the
in Kansas City in
100.”
(BS BA ’96, JD ’00) of
VP of Lockton Companies,
fastest growing companies
Ingram’s “Corporate Report
David Stamm (BS BA ’96) of St. Louis is a systems analyst at a privately held company in the
heating, ventilation, and air conditioning products wholesale industry.
Travis Barr (BS BA ’97) of Centralia, Mo. is
Midwest Block and Brick’s dealer sales representative for northern Missouri.
Shane Flater (MBA ’97) of Houston, Tex. wed
Kassie Robbins on March 18, 2006.
Michael Haverty (BS BA ’97) of Mission, Kan.
was named one of Ingram’s “40 under 40 Class
of 2006.”
Marcia Machens (M Acc ’97) of Columbia is
serving on the advisory board for Columbia’s
Speaking of Women’s Health 2006.
35
Class Notes
Doug Best (BS BA ’98) of Belleville, Ill. was
named an “MS Corporate Achiever” by the St.
Louis Business Journal. Doug is the VP of corporate banking with Commerce Bank of St. Louis.
Lindsay Cohen (BS BA ’98, JD ’01) of Ballwin,
Mo. was named one of the “30 under 30 Class of
2006” in the St. Louis Business Journal.
Paul Hinojosa (BS BA ’98) of St. Louis was promoted to manager at RubinBrown.
Jeff Milam (BS BA ’98) of St. Louis has earned
the accredited senior appraiser designation in
business valuation from the American Society of
Appraisers.
Mark Mannion (BS BA ’01) of Ballwin, Mo.
was promoted to be an internal SAP enterprise
resource planning software trainer at Ryerson,
the leading distributor and processor of metals
in North America.
Andrew Miedler (MA Acc ’01) of Ballwin, Mo.
was named one of the “30 under 30 Class of
2006” in the St. Louis Business Journal.
Kate Souerdyke Best (BS BA ’02) of Omaha,
Neb. married Benjamin Best on June 17, 2005.
Jeremy Patty (BS BA ’03) of Columbia was
named managing director of the Columbia district office of Northwestern Mutual Financial
Network.
Jaret Gordon (BS BA ‘04) of Columbia was recently awarded Vice President’s Club and Rookie
of the Year for the Kansas City District for Merck & Co. Inc.
2000s
Robyn Handel (MBA ’04, JD ’04) of O’Fallon,
Mo. took a leave of absence from her position
with Protiviti to work for the Disaster Recovery
Division of the Small Business Administration to
assist Hurricane Katrina and Rita victims with
business and home loans.
Brian Arbuckle (BS BA ’00) of Kansas City, Mo.
and wife Marly announced the birth of their son
Colin William Arbuckle, who was born on April
14, 2006.
Ryan Bross (BS BA ’00) of Wooldridge, Mo. has
been promoted to commercial lender at Boone
National Savings.
Liz Harper (BS BA ’O4, BJ ’04) of Coral Gables,
Fla. is content manager at Crispin Porter + Bogusky where she works on national MINI Cooper advertising campaigns.
John Gamble (M Acc ’00) of Ashland, Mo. was
promoted to audit supervisor at William-Keepers.
Joshua Henggeler (M Acc ’04) of Columbia was
promoted to tax senior at William-Keepers.
Robert Heater (BS BA ’00) of Bluffton, S.C. is
an F/A-18 Hornet pilot in the U.S. Navy.
Jeff Samson (BS BA ’00) of O’Fallon, Mo. and
wife Sharon welcomed their first child, Carter
Alan Samson, on May 25, 2006.
Thomas McGrath (BS BA ’03) and wife Natalie
McGrath of Bear, Del. announced the birth of
son Logan Riley on August 17, 2005. Thomas
is currently a securities compliance examiner
with the Securities and Exchange Commission
in Philadelphia.
Lisa Chall (BS BA ’04) of Wentzville, Mo. is
a financial analyst with TALX Corporation located in St. Louis.
Heidi Ann Huenemann (BS BA ’99) of White
Plains, N.Y. works in global financial consolidation for IBM Global Services in Westchester
County, N.Y.
Amy Rold (BS BA ’00, MBA ’03) of St. Louis
was recognized as one of the “30 under 30 Class
of 2006” by the St. Louis Business Journal.
Amy Skaggs Gregory (M Acc ’03) of St. Louis
was married in 2005 and is a staff internal auditor for A.G. Edwards.
Lori Linderer (BS BA ‘05) and Kory Drury at their
June 2006 wedding.
Jennifer Davis (M Acc ’02) of Columbia joined
Moeller Williams Endington to work on individual, non-profit, and trust tax returns.
Kourtney Osborn-Vallee (BS BA ’04) of Harrisonville, Mo. recently opened her own business,
Scrapbook-N-Memories.
James Price (BS BA ’04) of St. Louis works for a
small community bank in St. Louis.
Ted Stipanovich (BS BA ’04) and Erin Kerwin
of Liberty, Mo. were married on July 23, 2005.
The couple is expecting their first child in September.
James Tighe III (BS BA ’00) of St. Louis was
named an “MS Corporate Achiever” by the St.
Louis Business Journal. James is the assistant VP
of commercial lending with Enterprise Bank and
Trust.
Allison McCulloch (BS BA ’02) of O’Fallon,
Mo. and her husband, Jay McCulloch (BS BA
’00), welcomed their first child, Alexander Matthew on January 22, 2006.
Bryan Darnell Bullock (BS BA ’01) of Greenville, S.C. is a graduate student at the Kellogg
School of Management.
Jaime Stickler (MBA ’02) of Weymouth, Mass.
and husband Alan announced the birth of their
son Eliott on September 2, 2005.
Lori Linderer (BS BA ’05) of Columbia married Kory Drury on June 3, 2006. Lori currently
works for the College of Business.
Sothana Chittratanawat (PhD ’01) of Bangkok,
Thailand is currently working for Philip Morris
Limited (Thailand) as manager of regional sales.
Elisa Brenneke (M Acc ’03) of Jefferson City,
Mo. was promoted to tax senior at WilliamKeepers.
Jonathan Jarvis (BS BA ’01) of Overland Park,
Kan. is working as a financial education consultant for J.P. Morgan Chase and Company.
Amanda Gaither (M Acc ’03) of Springfield,
Mo. was promoted to audit senior at WilliamKeepers.
Emily Smith (BS BA ’05) of Columbia has
joined the J. Patty Financial Group of the Northwestern Mutual Financial network as a financial
representative.
36
Donald Lee (BS BA ’05) of St. Louis, is the assistant buyer for Famous-Barr’s gift, trim-a-home,
and stationery area.
Eric Haeusser (BS BA ’06) of Columbia wed
D’Arcy Rapp on August 12, 2006.
In Memoriam
1920s
Harold H. Reed (BS BA ’28) of Ardmore,
Okla., August 2005.
Mary Prunty Johnston (BS BA ’42) of Columbia, Mo., January 2005.
Raymond H. Thompson (BS BA ’28) of Peoria, Ariz., January 2006.
Mary Jane McDonnell Mendenhall (BS BA
’42) of Columbia, Mo., November 2005. See
this page.
1930s
Evelyn Lowe Frohock Chenoweth (BS BA
’32) of Dunedin, Fla., July 2005.
Ivan M. West (BS BA ’32) of Wichita, Kan.,
October 2005.
Edgar M. Goodman (BS PA ’34) of Tulsa,
Okla., August 2005.
Ben Ruben (BS BA ’34) of Overland Park,
Kan., February 2006.
James L. Fidler (BS BA ’35) of Oklahoma
City, Okla., August 2005.
Richard Briell (BS BA ’36) of Seguin, Tex.,
February 2005.
George V. Childress (BS BA ’36) of Tulsa,
Okla., August 2005.
James Lee Edwards (BS BA ’36) of Butler,
Mo., October 2005.
J. Layton Pickard (BS BA ’36) of Charleston,
Mo., September 2005.
Henry Ford Eads (BS BA ’37) of Bedford,
Tex., August 2005.
Mervin Kohn (BS BA ’37) of Point Charlotte,
Fla., December 2005.
David H. Lichtenfeld (BS BA ’38) of St.
Louis, August 2005.
Laura Maxwell Riggs (BS BA ’39) of Peoria,
Ariz., January 2006.
Col. Samuel A. Zwanzig (Ret) (BS BA ’39) of
Grand Terrace, Calif., March 2006.
Donald B. Smith, Jr. (BS BA ’42) of Kokomo,
Ind., October 2005.
Helen Lee Wood (BS BA ’42) of St. Joseph,
Mo., October 2005.
Thomas D. Cairns, Jr. (BS BA ’43) of Independence, Mo., May 2006.
Maree Farquhar Keller (BS BA ’43) of Austin,
Tex., August 2005.
John Lister (BS BA ’43) of Columbia, Mo.,
August 2005.
Marjorie E. Partridge (BS BA ’43) of Kirksville, Mo., September 2005.
Ottis J. R. Reser (BS BA ’43) of Osceola, Mo.,
June 2006.
Harvey Sherman (BS BA ’43) of Chesterfield,
Mo., October 2005.
Barbara Darling Davis (BS BA ’45, BS PA
’45) of Sanibel, Fla., June 2006.
William R. Etheridge (MA ’46) of Missoula,
Mont., September 2005.
Max Shemwell (BS BA ’46) of Doniphan,
Mo., May 2005.
Perry Lavern Wilson (BS BA ’46) of Valencia,
Pa., November 2005.
Mary Jane McDonnell Mendenhall (BS BA ’42) of Columbia, Mo.,
November, 2005.
Successful business owner and Columbia philanthropist Mary Jane
Mendenhall passed away November
16, 2005.
Mendenhall earned her degree from
MU’s College of Business. She joined
with her husband, Hirst, and her father, Ira, to form Boone Realty Corporation, which today is known as
RE/MAX Boone Realty, the largest
real estate firm in Columbia.
Mendenhall was well-recognized in
the world of real estate. She was inducted into the Phi Chi Theta business fraternity for women, served as
president of the Columbia Board of
Realtors and the Missouri Women’s
Council of Realtors, and was honored in Who’s Who for American
Women in 1966, among many other
distinctions. Mendenhall was also a
prominent community figure, giving
much support to MU, Rock Bridge
Memorial State Park, and the Boone
County Historical Society.
Donald R. Miller (BS BA ’47) of Shawnee
Mission, Kan., March 2006.
Leo G. Wetherill (BS BA ’47) of Kansas City,
Mo., December 2005.
Edward F. Brodie (BS BA ’48) of Houston,
Tex., July 2005.
Forrest F. Crane (BS BA ’49) of Cape Coral,
Fla., October 2005.
Funston Eudy (BS BA ’40) Russellville, Ariz.,
December 2005.
Norman E. Hill (BS BA ’48) of Sedalia, Mo.,
May 2006.
Orville L. Hiles (BS BA ’49) of Lamoni, Iowa,
November 2005.
Waldemar A. Nielsen (MA ’40) of New York,
N.Y., November 2005.
Gerald Kreeon Morgan (BS BA’48) of St.
Charles, Mo., February 2006.
Howell H. Heck (BS BA ’49) of Conway,
Ariz., June 2006.
Stanley B. Cartwright (BS BA ’41) of St.
Louis, July 2005.
Robert R. Pierce (BS BA ’48) of Mesa, Ariz.,
August 2005.
Leslie B. Kueck (BS BA ’49) of Columbia,
Mo., February 2006.
Lawrence J. Shaw (BS BA ’41) of Arlington,
Va., January 2006.
Alan James Robertson (BS PA ’48) of Tampa,
Fla., November 2005.
Norman Paul Matthews (BS BA ’49) of Lee’s
Summit, Mo., September 2005.
James F. Watkins (BS BA ’48) of Kearney,
Mo., December 2005.
Howard Strickland (BS BA ’49) of Grandview,
Mo., April, 2005.
1940s
37
In Memoriam
1950s
C. Ray Holman (BS BA ’64) of St.
Louis, Mo., November 2005.
Civic leader and former CEO Ray
Holman died in a motorcycle accident
near Meramec State Park on November 4, 2005.
After Holman received his bachelor’s
degree in business administration
from MU in 1964, he served three
years in the Army and then worked
as an accountant. Holman began
work at medical supply manufacturer
Mallinckrodt Inc. in 1976. He became
CEO of the company in 1992 and
chairman in 1994. Holman helped
develop Mallinckrodt into a corporation that sold for $4.2 billion when
acquired by Tyco in 2000.
Throughout his career and in his retirement, Holman made significant
donations to universities and charitable organizations. In April 2005,
Holman made a gift of $100,000 to
the college, with the proceeds used for
an endowed scholarship as well as the
college’s new building. In a statement
about the scholarship fund for students
with substantial financial need, Holman said, “Earning my undergraduate degree at MU was one of the most
important developmental times of my
life and provided a springboard for me
to be successful in my career. I wanted
to make a gift to provide resources for
under-privileged students so they can
become educated and increase their
chances of enjoying the same kind of
career success.”
James A. McKinney (BS BA ’50) of Columbia,
Mo., May 2006.
Darold Dean Aldridge (MS ’55) of Chincoteague, Va., November 2005.
Kenneth Wendell Pratte (BS BA ’50) of Chesterfield, Mo., July 2005.
Gerald D. Rapp (BS BA ’55) of Brutus, Ohio,
November 2005.
Jewell A. Province (BS BA ’50) of Warrensburg,
Mo., August 2005.
William E. Reynolds (BS PA ’55) of Haymarket, Va., August 2005.
Thomas Martin Pruitt (BS BA ’49, MA ’50) of
Pilot Knob, Mo., December 2005.
Lee Roy Shadrach (BS BA ’55) of O’Fallon,
Mo., October 2005.
William G. Ruble (BS BA ’50) of Baltimore,
Md., July 2005.
Leroy J. Taube (BS BA ’55) of Costa Mesa, Calif., May 2006.
Robert Glenn Seay (BS BA ’50) of Metairie,
La., April 2006.
Ronald N. Frueh (BS BA ’56) of Chesterfield,
Mo., December 2005.
Robert F. Stockhausen (BS BA ’50) of Atlanta,
Ga., September 2005.
Richard Earl Oliver (BS BA ’56) of Columbia,
Mo., March 2006.
Don F. Truscott (BS BA ’50) of Sarasota, Fla.,
January 2006.
A. Frederick Schult (BS BA ’56) of St. Paul,
Minn., August 2005.
Guy A. Wilson (BS BA ’50) of Laguna Woods,
Calif., September 2005.
Robert F. Nolte, Jr. (BS BA ’57) of Burlington,
Iowa, November 2005.
Herbert Stanley Wolf (BS BA ’50) of Cherry
Hill, N.J., September 2005.
Frank Lee Meeds (BS BA ’58) of Prairie Village, Kan., June 2006.
Robert Carl Ebinger (BS BA ’51) of Ballwin,
Mo., August 2005.
S. Robert Eisen (BS BA ’58) of Shawnee Mission, Kan., March 2006.
Richard R. Erbschloe, Ph.D. (MA ’51) of
Colorado Springs, Colo., October 2005.
Philip L. Ehrnman (BS BA ’59) of The Villages, Fla., September 2005.
B. J. Isenhower (BS BA ’51) of Reeds Spring,
Mo., November 2005.
John Joseph Robbins (BS PA ’51) of Stuart,
Fla., March 2006.
James H. Johnson (BS BA ’52) of Independence, Mo., August 2005.
John S. Schweitzer (BS BA ’52) of Overland
Park, Kan., September 2006.
John M. Tipping (BS BA ’52) of Onalaska,
Wash., November 2005.
Hartley G. Banks (BS BA ’54) Columbia, Mo.,
November 2005.
Barry Hirsch (BS BA ’54) of New York, N.Y.,
July 2006
Herman H. Hoelzel, Jr. (BS PA ’54) of Prairie
Village, Kan., August 2005.
Clifford Frank Terry (BS BA ’54) of Fairfax,
Va., August 2005.
38
1960s
Alois John Boes (BS BA ’60) of Chesterfield,
Mo., October 2005.
John Dillon (BS BA ’60) of Scottsdale, Ariz.,
April 2005.
Robert Dean Moore (BS BA ’60) of Shawnee
Mission, Kan., August 2005.
Joseph M. Newlin (BS BA ’60, MS ’61) of Henderson, Nev., October 2005.
David L. Poole (BS BA ’60) of Sun City, Ariz.
John V. Garvey (BS BA ’61) of St. Joseph, Mo.,
September 2002.
Clarence F. Reimer (BS BA ’61) of Overland
Park, Kan., November 2005.
Gerald Hansen (PhD ’62) of Rexburg, Idaho,
July 2006.
1990s
E. Allen Slusher III (BS ENGR ’64)
of Columbia, Mo., October 2005
Former MU College of Business professor Allen Slusher passed away on
Oct., 19, 2005 after an extended battle
with Alzheimer’s.
Slusher was a faculty member of the
Department of Management for 20
years. He also held several administrative appointments, including serving
as department chairman from 1984 to
1988 and associate dean of the college
from 1990 to 1992. His distinguished
career at MU concluded in 1995.
“Those of us in the Management Department feel we lost a good friend”
said Allen Bluedorn, Emma S. Hibbs
Distinguished Professor of Management and Department of Management
Chair after the passing of Slusher. “We
feel we lost him twice: first when he
retired due to Alzheimer’s, and again
when he passed away. We have all
missed him tremendously.”
A Missouri native, Slusher earned a
bachelor’s degree in chemical engineering from MU. He went on to earn his
MBA from the University of MissouriKansas City in 1969 and his PhD from
the University of Iowa in 1972.
The family and friends of Allen Slusher
have made a generous gift of $10,000
to endow the E. Allen Slusher Business
Scholarship for Graduate International Studies. This scholarship is designed
to allow graduate students to develop
professionally through an international experience and share what they
learn from the experience with their
fellow College of Business students.
Jack R. Leonard (BS BA ’62) of St. Louis,
Mo., October 2005.
Charles B. Burk (BS BA ’90) of St. Louis,
November 2005.
Jack Lilburn King (BS BA ’59, MS ’63) of
Glendale, Ariz., September 2005.
James Robert Latteman (MPA ’91) of
Parkville, Mo., May 2006.
Milton F. Morales (MS ’63) of Raymore, Mo.,
November 2005.
Kimberly Marek Adam (BS Acc ’92) of Columbia, Mo., October 2005.
C. Ray Holman (BS BA ’64) of St. Louis, Mo.,
November 2005. See this page.
Douglas A. Hembrough (BS BA ’93) of
Springfield, Ill., September 2005.
Robert K. Scott (BS BA ’64) of Greer, S.C.,
June 2006.
James Huesgen (MPA ’95) of Hartsburg, Mo.,
October 2005.
Ben Riley (BS BA ’65) of Hallsville, Mo., August 2005.
Roland P. Walker (BS BA ’61, JD ’65) of
Hartsburg, Mo., November 2005.
John Anthony Long (PhD ’67) of Lethbridge,
Alberta, Canada, May 2006.
2000s
Arin Marcos (BS BA ’06) of St. Charles, Mo.,
July 2005.
Joseph L. Finkelstein (BS BA ’68) of Longwood, Fla., October 2005.
Bernard Hale Zick (BS BA ’68) of Kingwood,
Tex., July 2005.
Gerald R. Krisch (BS BA ’69) of San Antonio,
Tex., July 2005.
Don F. Hoehle of Columbia, Mo.,
November 2005.
1970s
Don Hoehle, former assistant dean
for the College of Business and Public
Administration, passed away November 12, 2005.
Gary Burns (BS BA ’70) of Columbia, Mo.,
June 2006.
Charles C. Statham (BS BA ’76) of Overland
Park, Kan., October 2005.
Robert E. Swearingen (MA ’76) of Columbia,
Mo., April 2006.
Mark A. Carlton (BS BA ’77) of Columbia,
Mo., November 2005.
Mary Beth Staponski (MS PA ’78) of Harrisburg, Mo., October 2005.
1980s
Kathleen A. Moyer (MA ’85) of Columbia,
Mo., August 2005.
Timothy L. Baker (MBA ’87) of Burlington,
Iowa, September 2005.
Hoehle earned his bachelor’s degree
from St. Louis University before making his way to MU where he held the
positions of internal auditor, fiscal
operations officer, and assistant dean.
Even in his retirement in 1988, Hoehle was an active supporter of the college, often attending events such as
the Staff Recognition Luncheon and
the college’s Honors Luncheon.
Hoehle was also a veteran of World
War II, a member of the Military Order of the Purple Heart, and a lifetime
member of VFW Post 280.
Mark E. Coffman (BS BA ’87) of Kansas City,
Mo., September 2005.
39
Strategic Development Board Directory
The overall purpose of the Strategic Development Board (SDB) is to assist the dean in fulfilling the college’s mission. The SDB advises
the college about business trends and academic activities, communicates with campus administrators and off-campus constituents to
further the interests of the college, and assists with the college’s financial development efforts.
Denny H. Alberts
President and COO
Crescent Real Estate Equities
Ft. Worth, Texas
Susan A. Cejka
Managing Partner
Grant Cooper & Associates
St. Louis, Missouri
Glenda D. Kemple
President
Kemple Capital, LLC
Dallas, Texas
Anne L. Raymond
Managing Director
Crow Holdings
Dallas, Texas
Ronald B. Ashworth
President and CEO
Sisters of Mercy Health
System
St. Louis, Missouri
Ralph W. Clark
Vice President (Retired)
IBM Corp.
Sanibel, Florida
William A. Linnenbringer
Senior Client Service Partner
(Retired)
PricewaterhouseCoopers, LLP
St. Louis, Missouri
Dan M. Schuppan
President
MBS Textbook Exchange
Columbia, Missouri
Malcolm (Mick) Aslin
Director
Marshall and Ilsley Corp.
Leawood, Kansas
Stuart L. Bascomb
Chairman and CEO
Amerisight, Inc.
Chicago, Illinois
Harry M. Cornell, Jr.
Chairman Emeritus
Leggett & Platt, Inc.
Carthage, Missouri
Harvey P. Eisen
Chairman
Bedford Oak Advisors, LLC
Mt. Kisco, New York
Cynthia J. Brinkley
President
AT&T– Missouri
St. Louis, Missouri
Stephen P. Ferris
Professor of Finance,
and Director
Financial Research Institute
MU College of Business
Mark E. Burkhart
President and CEO
Colliers Turley Martin
Tucker
St. Louis, Missouri
S. Leslie Flegel
Chairman and CEO
Source Interlink Companies
Bonita Springs, Florida
Jack E. Bush
Chairman
Raintree Partners
Dallas, Texas
P. Gregory Garrison
Managing Director,
U.S. Operations
PricewaterhouseCoopers, LLP
New York, New York
Samuel A. Hamacher
Executive Vice President
Harbour Group Industries, Inc.
St. Louis, Missouri
William G. Little
President
Quam-Nichols Co.
Chicago, Illinois
Chad M. Smith
Senior Managing Director
Bear Stearns and Company
Chicago, Illinois
Mary Beth Marrs
Assistant Dean
Jeffrey E. Smith
President
Jeffrey E. Smith Companies
Columbia, Missouri
Duncan L. Matteson
Chairman
Matteson Realty Services, Inc.
Redwood City, California
Robert J. Trulaske, Jr.
President
True Manufacturing Co.
O’Fallon, Missouri
W. Mark Meierhoffer
Senior Vice President (Retired)
Rival, Inc.
Leawood, Kansas Roger M. Vasey
Executive Vice President
(Retired)
Merrill Lynch & Co., Inc.
New York, New York David T. O’Neal, Jr.
President
First San Francisco Corp.
Hillsborough, California
Bruce J. Walker
Dean
Tom W. O’Neal
Don O. Walsworth
Executive Director, Advancement President and CEO
Walsworth Publishing Co.
Marceline, Missouri
College Directory
Bruce Walker, Dean...............................................................................................................................................573.882.6688
Kenneth Evans, Associate Dean............................................................................................................................. 573.882.1039
Mary Beth Marrs, Assistant Dean......................................................................................................................... 573.882.6350
Allen Bluedorn, Chair, Department of Management............................................................................................. 573.882.3089
Dan French, Chair, Department of Finance.......................................................................................................... 573.882.4300
Tom Howard, Director, School of Accountancy.................................................................................................... 573.882.3225
Srinivasan “Ratti” Ratneshwar, Chair, Department of Marketing......................................................................... 573.882.4829
Michael Christy, Director, MBA Program.............................................................................................................573.884.0700
Steve Ferris, Director, Financial Research Institute................................................................................................ 573.882.9905
Michael Holden, Director, Technology Services....................................................................................................573.884.6859
Loren Nikolai, Director, 150-Hour Accountancy Program.................................................................................... 573.882.2869
Tom O’Neal, Executive Director, Advancement....................................................................................................573.882.0865
Matt Reiske, Director, Career Services Office........................................................................................................573.882.6898
Jim Sharrock, Director, Undergraduate Advising...................................................................................................573.882.7073
Alan St. John, Director, Missouri Training Institute.............................................................................................573.882.2860
Doug Tarwater, Director, Administration.............................................................................................................573.882.7474
40
Gifts to the MU College of Business
make more than just headlines...
They create opportunities for our students.
rted for Students
New Professional Development Program Sta
ge’s major profes-
fund the first part of the colle
Gifts from William Caldwell of $1.9 million
sional development initiative.
ents’ Honor
Alumnus Establishes Scholarship in Par
allowing for an
Y.D. and Gladys Adair Scholarship Fund,
Doug and Kathy Adair established the
to a College of Business student.
annual $1,000 scholarship to be awarded
rities Fund
Vogel Gift Helps Launch Strategic Prio
college
ort Society with a gift that will help the
Jeff and Julie Vogel joined the Davenp
.
ning
lear
lity
qua
to
neurship education
advance initiatives ranging from entrepre
Smith Institute of Real Estate
Established at MU
Gifts from alumnus Jeffrey E.
Smith with a total impact of
more than $3 million establish
endowment enabling the ins
ed an
titute to become a permanen
t part of the college.
New Leadership
P
rogram Started
The additional
with a Gift from
gifts of more th
the Cornells
an $4 million fr
new leadership
o
program for st
udents and enh m Harry and Ann Cornell are
funding a
ancements to C
ornell Hall.
The financial support of our alumni advances the MU College of Business toward its vision of becoming a
top 20 public business school. Gifts like those noted here have already enabled major initiatives within the
college. Donations of all levels support broader opportunities for our students.
Find out how you can make a difference during the For All We Call Mizzou campaign. Call our
Advancement Office at 573.882.6768 or e-mail umcbusinessdev@missouri.edu.
What’s inside M i z z o uBusi n e s s
Davenport Society Update.............. Page 15
Student News Section...................... Page 19
Alumni News Section....................... Page 30
Non-Profit
U.S. Postage
408 Cornell Hall
Columbia, MO 65211-2600
PAID
University of Missouri

2006-07 - College of Business

Transcription

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