Business at Iowa, Winter 2010-11

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Winter 2010-2011

description

Business at Iowa is a semiannual publication for alumni and friends of the Henry B. Tippie College of Business made possible through the generosity of private donors.

Transcript of Business at Iowa, Winter 2010-11

Page 1: Business at Iowa, Winter 2010-11

Winter 2010-2011

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John Pappajohn Receives Honorary DoctorateJohn Pappajohn, who moved to Iowa from Greece as an infant and went on to become one of The University of Iowa’s most accomplished alumni and one of Iowa’s most influential entrepreneurs and philanthropists, received an honorarydoctoral degree during spring commencement ceremonies.At 16, after his father’s death, he began running his family’s grocery store in Mason City, Iowa, with his brothers. He earned a bachelor’s degree in business from the UI in 1952. He employed his entrepreneurial skills more immediately after graduating, starting an insurance agency, and by 1962 had organized the Guardsman Life Insurance Company. Pappajohn served as chairman of the board for Guardsman until 1969.In 1969 Pappajohn founded Equity Dynamics Inc., a financial consulting entity, for which he continues to serve as president.Through Pappajohn Capital Resources, the venture capital firm he also created in 1969, he has been involved in financingmore than 100 business start-ups, many in the health care field. In 1996 he was named to the Iowa Business Hall of Fame, and he is a 1995 recipient of the Horatio Alger Award. Pappajohnserves on the College’s Board of Visitors.

Above: John Pappajohn is flanked by Tippie Dean William C. (Curt) Hunter and UI President Sally Mason.

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contents

SectionsConsider This . . . . . . . . . . . 2Media Clips . . . . . . . . . . . . .3Development News . . . . . 11

College News . . . . . . . . . . 14Faculty News . . . . . . . . . . 15Student News . . . . . . . . . .16

Alumni News . . . . . . . . . . 18In Memoriam . . . . . . . . . . 24

Wi n t e r 2 0 1 0 - 2 0 1 1

Business at Iowa correspondence should be directed to Lesanne B. Fliehler, Editor, Business at Iowa,

Henry B. Tippie College of Business, 108 John Pappajohn Business Building,

Iowa City, IA 52242-1994.

Visit the Tippie College of Business web site at tippie.uiowa.edu

Copyright © 2010. Henry B. Tippie College of Business,

The University of Iowa. All rights reserved.

PublisherWilliam C. (Curt) Hunter, Dean

[email protected]

Director of Communication and External Relations

Barbara [email protected]

EditorLesanne B. Fliehler

[email protected]

Magazine DesignWDG Communications Inc.

www.wdgcom.com

WritersLesanne B. Fliehler

Ruth PaarmannTom Snee

PhotographyGreg Frieden

Impact Photo/Joe PhotoLinda Knowling

Tom Langdon/UI FoundationSusan McClellen

Mike SchlotterbackTim Schoon

Cover IllustrationWilliam Ersland

Alumni RelationsVicki Wittenberg

[email protected]

Executive Director of DevelopmentTami Baumann

[email protected]

Director of DevelopmentJana Michael

[email protected]

Cover Story — Teaching Excellence: In Words and In Deeds 4Students in the Tippie College of Business learn from outstanding faculty members, including these three top teachers: Nancy Hauserman, Matt Billett, and Joyce Berg.

Mentoring: Another Layer of Learning 8The Vaughan Institute’s mentoring program connects students to the business world while it draws professionals closer to the College.

A Man’s Legacy Lives on Through New Professorship 11Dan Kovenock is named the first J. Edward Lundy Professor of Economics, a professorship made possible through a gift to memorialize Ford Motor Company “Whiz Kid” J. Edward Lundy (BA36).

Henry B. Tippie College of Business Honor Roll of Contributors 12Special thanks to our friends and alumni for their support.

Alumni Feature: Lilja Mósesdóttir, BBA84 17Iceland’s Financial Crisis: Tippie Alum Helps Piece Economy Back TogetherIceland native and Tippie alum Lilja Mósesdóttir returned to campus to deliver the Howard R. Bowen Lecture.

To Keep Receiving B@IBusiness at Iowa, a semiannual

publication for alumni and friends of the Henry B. Tippie College of Business, is made

possible through the generosity of private donors. A complimentary subscription is provided to those who make an annual gift of $25 or more to the College via the

University of Iowa Foundation. Online giftsmay be made at www.givetoiowa.org/business,

or you may mail your gift specifically marked for the Tippie College to the

University of Iowa Foundation, Levitt Center for University Advancement, P.O. Box 4550,

Iowa City, IA 52244-4550.

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consider this

Comments from the DeanWilliam C. (Curt) Hunter, Dean

This past summer, ten student finalists were busy rewriting theiressays in the third annual MaryThomas Prappas Business EthicsEssay Competition. Initially, almost1,000 students submitted essays in this contest. Three members of the Tippie College’s Board ofVisitors served as judges of the final round of the competition. The contest was extremely close and the scores of the winning essays were separated by only one point(see story, page 16).

I’m extremely proud of the waysthe College embraces ethics and cultivates a commitment to our core values of Integrity, Innovation,and Impact among our studentsand across the curriculum at bothundergraduate and graduate levels. I was very delighted when I couldshare the various ways we do thatwith other leading business schooldeans who attended the Partners in Business Ethics Symposium in New York City in September.

The new academic year is well under way and with it, somechanges are happening in the Tippie College of Business.

Staff members are working hard to expand the LondonInternship Program, which nowincludes a full spring semester session. The 14-week program offers students academic coursework that examines the U.K. and Europe from the cultural,

historical, and businessenvironment perspectives,and an internship placement in a Londonbusiness or organization inwhich students apply anddevelop the skills relevant to their career goals.

In addition,Undergraduate Programstaff members have developed the Tippie Roadmap, a professional development tool that helps undergraduates get started on articulating their skills and abilities, and then develops a “roadmap” of ways to become marketable candidates for internships and full-time positionsafter graduation. You can learn moreabout it online at tippie.uiowa.edu/undergraduate/roadmap.

Recruiting for the Full-time MBAProgram resulted in enrollment bytop students from across the UnitedStates and from eight countries. Our Full-time MBA Program and the MBA for Professionals and Managerspart-time program both receivednational recognition for their excellence. The Full-time Programrose to a ranking of 42, while the PM Program was ranked at number31 by U.S. News & World Report.

The Tippie School of Managementis finalizing plans for offering a Des Moines option for obtaining the Executive MBA degree. The accelerated program provides the

same outstanding business curriculum as is offered in theExecutive MBA Program in IowaCity, plus the same top-notch Tippie faculty. More information isavailable online at tippie.uiowa.edu/execmba/desmoines/index.html.

If you flip to the inside back cover,you’ll note that we have increased the number of members on ourBoard of Visitors. These successfulbusinesspeople help us in so manyways, including consulting with us on ways to build our programs andhelping place our students in a variety of business positions.

Just remember, no matter the season, there’s always something new happening in the College. We hope to see you in the Collegesomeday soon.

Sincerely,

William C. (Curt) Hunter

Henry B. Tippie Dean

or many, summer is a time to kick

back and relax, but for those of us in

the Tippie College of Business, it is

anything but that.

F

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ippie students, faculty, and alumni are making

headlines — they are having an impact on the

business world, and they are sought after by the

media to comment on current business issues.

T

media clips

Tippie in the Newstippie.uiowa.edu/news

J. Tyler LevertyTRISTAR Risk ManagementFellow and assistant professor of finance, pegging poor leadership by CEOs as the reason why some businesses fail (Business News

Daily, Aug. 30):

“We found that managers of failedfirms are less skilled than their peers and the consequences of their incompetence are economically significant. Since our measure was outcome-based, it does account formanagerial characteristics that allowmanagers to more effectively use the firm’s resources…perhaps morecharismatic CEOs are better able to utilize the firm’s resources (capital, labor).”

Todd Hougelecturer in finance and Curt and Carol Lane Research Fellow, contending that in the 20+ years since the movieWall Street first came out, the inner workings

of Wall Street haven’t changed much, as shown in director Oliver Stone’s sequel, Wall Street: Money Never Sleeps(TheStreet, Sept. 24):

“There are regulations that reacted to situations and events, but the coreof what the first movie was about,greed in the sense of chasing returns,that’s still what the investment world is about — trying to find higher returns while managing risk.”

Frank SchmidtGary C. Fethke Chair inLeadership and professor of management and organizations, addressingthis chicken-or-egg question — do engagedemployees drive an

organization’s performance, or does successinspire engagement? (Gallup ManagementJournal, Sept. 2):

“We knew from previous studies that perception and performance were associated…since both were measured at the same time, it was possible that organizations that weredoing well were paying more attentionto employee engagement and doingthe things managers need to do to have a high level of employeeengagement. In other words, becausethey had the resources, perhaps these organizations were able to spur engagement in a way that lessprosperous companies could not.”

John Solowassociate professor of economics and JusticeInternational BusinessFellow, seeing an opportunityfor entrepreneurs after Iowa City residents upheldthe 21-only bar admittance

age (Iowa City Press-Citizen, Oct. 19):

“There’s an awful lot of economicactivity that goes on in this townbetween eight in the morning and six at night that’s not drinking alcohol.People are buying clothes and shoesand ice cream cones and gasoline and renting apartments.”

Dawn Bowlusdirector of the JacobsonInstitute for YouthEntrepreneurship, explaining how youngsters design a new ice cream flavor during a weeklongYouth Entrepreneur

Camp (Iowa City Press-Citizen, July 14):

“Part of this activity is selling the restof your team on your ice cream flavor.This is an exercise in persuasion.”

Tom GrucaHenry B. Tippie Professor of Marketing, explaining the business value behindthe “planned obsolescence”strategy of designing products that will becomeobsolete or nonfunctional

sooner than necessary (The Gazette, July 11):

“It’s a strategic competition betweencompanies to make the latest andgreatest of something. You’re trying to make the other guy’s product obsolete.”

Charles Whitemanprofessor of economics,Leonard A. Hadley Chair in Leadership, senior associate dean, and interimdirector of the Institute for Economic Research, commenting on the state

of the economy (Des Moines Register, Sept. 22):

“Iowa went into this recession late, and we’re coming out late.”

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Great teachers. No doubt, you remember at least one from your high school years and probably several more who had a large impact on you while in college. They were experts in their fields, they set high expectations,and encouraged you along the way. They may have frustrated you becausethey were demanding, but they listened to you, made you feel that yourideas were important, and were inspiring.

According to a 2010 ING Foundationsurvey of 1,000 people across the nation, 98 percent believe that a goodteacher can change the course of a student’s life and 88 percent had a teacher who made a “significant, positive impact” on them. Faculty members in the Tippie College ofBusiness are outstanding educators and researchers from both the academicand business sectors. Through theirteaching, they are changing the lives of Tippie students.

Nancy HausermanFor the 2009-10 academic year, Nancy Hauserman was one of three UI faculty members to receive theUniversity’s top award — the President

and Provost Award for TeachingExcellence — in recognition of her years of outstanding teaching.

Hauserman, professor of managementand organizations and law and theCollege’s Williams Teaching Professor,has taught in the College since 1977. A leader in educational innovation within the Tippie College of Business,she has been an early and successfuladopter of new teaching technologies,and she was one of the University’s first and most passionate advocates of service learning. She was instrumental in the establishment of the College’s Judith R. Frank BusinessCommunications Center, which nowserves more than 400 students eachsemester, and as an associate dean, started the Tippie Young Alumni Board.

Nancy Hauserman (left) continually explores new ways to teach students.

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In Words“It takes passion to be at the top of yourteaching game. Once you start gettingbored, not caring about whether studentslearn, once you stop being open to learning from them, once you don’t have knots in your stomach going in (at least in some of your classes), then it’s probably time to stop. You have toconstantly look for ways to keep your class not just updated but alive — a living entity is really what it is. Once it’s a piece of furniture, it’s notenough. It has to be living.”

In DeedsAs part of a business ethics assignment in Nancy Hauserman’s class, MBA students learned how ethical decisionmaking is an important part of a successfulcareer, and they provided real financialsupport for nonprofit organizations.

Students wrote extensive researchreports about a nonprofit organizationand made the case for why they want to donate a hypothetical $1,000 to thegroup. The assignment required, amongother things, a background of the group,its business model, and what kind ofchange it seeks to make.

“This philanthropy assignment broadens their view of what constitutesan ethical situation by allowing them tosee the world from another’s viewpoint.That’s what great leaders do, after all.They bring a broad vision and an awareness of others.”

The assignment also showed studentshow leadership ties together business,philanthropy, and ethical behavior. The project also has a practical side, as it requires that students use the complex analytical skills needed to make any business decision.

While the students aren’t required to donate any money, Hauserman agreedto donate some of her own money toeach of the organizations selected, andother Tippie faculty and staff signed on to make donations of their own.

The point of it all, she says, was tosharpen the students’ critical and ethicalthinking capabilities, something whichtoo many business leaders have not practiced in the last decade, with economically ruinous results.

“We don’t often think deeply and critically about our ethics or values.

We say we rely on our‘gut’ for decisions but,regrettably, our gutsoften aren’t very goodresources,” she says.

Hauserman continually exploresnew ways to reachstudents.

“Every student is different; each generation of students comes to education with adifferent perspective.We have to listen anddiscover how best to present the materialso that it resonates in their world.”

Matt BillettAs professor of finance and faculty director of the MBA Finance CareerAcademy, Matt Billett has received theMBA Core Teacher of the Year Award the last three years, as well as a CollegiateTeaching Award in 2008, and theExecutive MBA Elective Teacher of the Year three times since 2004.

Billett, who is also a Henry B. TippieResearch Fellow, focuses his work on corporate finance, banking, and financialinstitutions. He brings that knowledgeand research results into his MBA managerial finance course, emphasizingfundamental valuation concepts andtheir applications.

In Words“One year, I had the treasurer of Rockwell Collins in my corporate financeclass and when Rockwell announcedshare repurchases, he gave us the down-low about the process, how andwhy they did it. It’s a vulnerable spot tobe in if you’re purporting to be the expert.As a teacher today, I realize I’m not themaster but the orchestra leader.”

In DeedsTeaching is a work-in-progress for MattBillett. With an undergraduate degree in mathematical economics from ColgateUniversity in hand, Billett enrolled at the University of Florida where he earned his Ph.D. in finance in 1993.

His original plan was to take hisresearch skills to a research group with

the FDIC or make it to Wall Street, not to become a professor as his fellowgraduate classmates were doing.

“I had no intentions of teaching,” he says. “I didn’t think I was going intoacademics because I was unsure of mypassion and ability to do academicresearch.”

But, while working with the FDIC,Billett continued his research and foundhe really enjoyed that, so he shiftedcareers and joined the faculty at theUniversity of Miami, eventually joiningthe Tippie faculty at Iowa in 1998.

At first, Billett says he fell into the practice of lecturing to the students,using slides provided from the textbookthat students were assigned to read. He was “a very controlling teacher early on,” he says.

“Teaching isn’t a one-way street,” he says. “I now provide a variety of waysto learn about a topic,” he says.

Today, in addition to teaching and serving as the faculty director of thefinance academy, Billett spends timelearning about successful ways of teachingand identifying learning outcomes. For the past four years, he served on theUniversity’s Council on Student Learning,which was formed by the Provost’s Officeto study what undergraduate students are learning and to help departmentsdevelop learning outcome objectives and assessments for their students.

“The goal of outcomes assessment is to look systematically at what studentsare learning across the courses they takein their major,” he says. “At Tippie, the

Matt Billet serves as the faculty director of the MBA Finance Career Academy (shown here withCatherine Zaharis, the academy’s business director).

TEACHING EXCELLENCE: IN WORDS AND IN DEEDS

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faculty discussed the characteristics we hoped to see in our graduates, theknowledge and problem-solving skills we wanted them to develop.”

One trend that Billett is excited about is TILE classrooms. TILE (Transform,Interact, Learns Engage) classrooms, hesays, better support student engagement,interaction, and collaboration. The classrooms feature round tables, aninstructor’s station in the center of theroom, flat-panel monitors for displayingstudent work, white boards on each wall for collaboration, and broadbandconnectivity for every student. (A recent$50,000 gift from State Farm will supporta TILE classroom within the TippieCollege.)

“These are very technologically developed classrooms where active learning happens. Individual participationis important in a TILE classroom, so eachstudent is actively learning, not sittingback and absorbing lecture material. By offering a portfolio of ways to learn,students can choose what way works best for them,” he says.

Joyce BergProfessor of Accounting Joyce Berg wearsmany hats. As course supervisor for ninesections of Managerial Accounting, she isresponsible for mentoring and overseeingthe teaching effectiveness of six teachingassistants. She is the Pioneer Hi-BredResearch Fellow and serves as the director of the Iowa Electronic Markets.Berg received the Students’ Choice forFaculty Excellence in Core-TeachingAward from the Undergraduate Programin 2009 and the Gil Maynard Award for Teaching Excellence from theDepartment of Accounting in 2008.

In Words“I love working with students in settings outside the classroom. They’resmart and compassionate people who like working hard and contributing to improving the community around them. That’s inspiring to me.”

In DeedsWhat do Tippie Build, Beta Alpha Psi,and the VITA Program have in common?Joyce Berg. In the College, Berg is knownas much for her activities outside the

classroom as in. As faculty advisor for the last five years for Beta Alpha Psi and the Volunteer Income TaxAssistance (VITA) program, she spendsmany hours outside of the typical work-day mentoring and assisting students.

With the Volunteer Income TaxAssistance (VITA) program, approximately100 students — most of them accountingmajors — prepare 1040 tax returns forqualified persons who live in JohnsonCounty. Many of the taxpayers face somelevel of economic disadvantage in orderto qualify for VITA help — low income,single parent, full-time students — mostcan’t afford to hire a professional, andcan’t navigate the complex tax maze on their own.

But the accounting students have studied hard and are well-prepared to help, Berg says.

“It’s a teachable moment,” Berg says.“There are no easy returns for the taxpayer base we work with,” Berg says.“They have the Earned Income Credit,child tax credit, sometimes an ex-husbandthey split tax benefits with, or it’s a grandmother who is the primary caregiver for grandchildren, which has tax implications.”

For future accountants, the program is more than a chance to practice real-lifenumber crunching. VITA also teachesthem the “soft skills” of building a relationship with clients, which Berg sayscan’t easily be taught in a classroom.

“A large part of an accountant’s job is communicating with other people,especially people who don’t speak thesame financial language, and studentslearn how to do that,” Berg says. “Many of the clients alsocome from differentbackgrounds thanthe students, so thishelps them appreciatethe diversity in ourcommunity.”

Since becoming the advisor for VITAin 2005, she hasincreased marketing,partnered with various JohnsonCounty social servicesagencies to spread theword, and expandedits reach by adding

satellite operations around Iowa City,Coralville, and North Liberty areas. She introduced electronic filing, too,making it easier for students to work on more complex returns.

The work has paid off. In her first year,VITA served 129 clients, most of them UI students, from its primary location in the Iowa City Public Library. Last year,the students prepared 1,023 returns fromits multiple sites around the county.Clients received more than $1.6 millionin refunds last year, “a lot of it is moneythey might not have gotten back if they’d prepared their own returns.”

She’s also the faculty advisor for TippieBuild, a partnership between the TippieCollege students and Iowa Valley Habitatfor Humanity. Berg and her studentshave organized dozens of fundraisers in the Tippie College that have raisedmore than $150,000 for home building,worked with student groups and departments across the College to findvolunteers, and recruited accountingfirms to let their employees volunteer at the build site.

As a result, hundreds of Tippie students, faculty, and staff and other volunteers have built three new homes in Iowa City for low-income families,and ground is broken for a fourth home to be built in the spring.

“It’s great when we finish and we can see the results of our work, whether it’s a happy family moving into a house oran excited VITA client seeing how muchof a refund she’ll receive,” Berg says. ▪

Joyce Berg’s teaching extends beyond a typical workday.

TEACHING EXCELLENCE: IN WORDS AND IN DEEDS

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Vaughan Institute of Risk Management and Insurance

asked Rockel about risk managementprofessionals mentoring students at his alma mater.

“The big advantage of this type of mentoring is that it gives students a firsthand picture of what’s happening in the professional world,” Larson says.Mentoring also connects companies to a future employee base.

Shaping the ExperienceTo initiate the program, the VaughanInstitute assembled a steering committeeincluding Rockel, Larson, and the V.P. of Mentoring from Tippie’s GammaIota Sigma student organization. Theypaired eight risk management studentswith professionals and encouraged the pairs to pursue activities and ideas.

In 2008, based on feedback from mentors and students, they decided toformalize the program and open it up to all Vaughan Institute students. Theseefforts resulted in greater educationalvalue and credibility.

“We asked, ‘How do we give enrichingexperiences to everyone in such a broad

For Risk Management and InsuranceCertificate juniors and seniors, there’s a one-of-a-kind layer between the classroom and the internship — it’s the mentoring program.

For the Emmett J. Vaughan Institute of Risk Management and Insurance,mentoring between industry professionalsand students is the glue that brings professionalism together with technicalknowledge and hands-on application.

“Our mentoring program takes whatthe students are learning in class andgives them an opportunity to observe itin real life,” says Viana Rockel, associatedirector in the Vaughan Institute. “The students can have experiences they wouldn’t get through internships,such as job shadowing and sitting in on corporate insurance reviews.”

The mentoring program began in 2007 at the suggestion of alumnus Hal Larson (BBA70), a member of theGreater Quad Cities Risk and InsuranceManagement Society (RIMS). RIMSsponsors a mentoring program for college students in association with its national conference, and Larson

industry?’ ” Rockel says. “So we decided to interview potential mentors and students and to match them based on professional interests as well as personality whenever possible.”

Better matches help build better relationships, which is one of the primary goals of mentoring. More guidance also helps, and the VaughanInstitute mentoring web site — a product of student input — clearly outlines what mentors and students can do together.

Peter Berg (BBA07), a steering committee member and three-year mentor, credits the students for developing the guidelines.

“They recognized the opportunity to add value by simplifying the processand articulating the expectations,” Berg says. “The impressive manual they produced eases anxieties for both parties.”

Structured, Yet FlexibleA combination of planned events andactivities for all and many ideas for

Mentoring connects students to the business world withoutthe internship while it draws professionals closer to the UI.

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mentors and mentees creates structure,yet is flexible enough to accommodatethe pair’s interests.

Three events on campus help studentswork on networking skills: a kickoff, an etiquette-themed winter event, and a mentor appreciation event in the spring. Potential mentors are invitedto the events.

Rockel organizes the annual fall kickoff events. At the 2010 event, Bergintroduced a Strengths Finder 2.0/UniqueAbilities activity that ties into an onlinediscussion board. He will lead this career development activity throughoutthe year.

Ashley Schulz, this year’s Gamma Iota Sigma V.P. of Mentoring, will manage the spring events with otherRMI students.

“The spring kickoff will be a mocktailevent focusing on how to handle foodwhile networking and shaking people’shands,” says Schulz, noting that last year’s event was an etiquette dinner. “It’s a chance to practice networking with assigned mentors as well as all the other mentors in the program.”

The interactions are beneficial to students, says Jon Raftis (BBA10), whowas paired with Hal Larson in 2009.

“The most important thing I gainedfrom the program was a heightened aptitude for interpersonal business relations,” Raftis says. “I interacted not only with Hal, but also with otherprofessionals. This will likely pay dividends later on.”

Broad ExperiencesBeyond the events, students can experience a wide range of professionalactivities. Many RMI students, includingSchulz, want to learn more in generalabout the insurance industry and theirmentor’s career path. Last year, her mentor included her in a meeting to provide additional insight.

“I went to an actual sales pitch with my mentor to see how the company presents itself to another company,” she says.

The Vaughan Institute likes its students to get feedback to prepare themselves for job interviews. Résumé,cover letter, and mock interview critiques are common, and the programguides students to useful resources, such as the Judith R. Frank BusinessCommunications Center and PomerantzCareer Center. At the latter, students can use Perfect Interview, a computerprogram that records video while

MENTORING: ANOTHER LAYER OF LEARNING

Hal Larson (BBA70) is matched with Tippie student Ashley Schulz. Together they met with attorney Edward Rose during a worker’s compensation mediation meeting.

“The big advantage of this type of mentoring is that it gives students a firsthand picture ofwhat’s happening in theprofessional world.”

– Hal Larson, BBA70

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10

a student responds to an automatedinterviewer. The video resides online, and mentors and others can providefeedback.

In-person activities are encouraged,including job shadowing, lunches, dinners, and fun activities. Telephoneconferences help the mentors andmentees connect. Larson also points outthat practice is important in developinggood phone manners. But he believes the most beneficial activities are the“hands-on, in-the-job” experiences.

“Seniors are so close to graduating, but they may never have seen inside their chosen field,” Larson says. “Withinthe mentoring experience, the studentcan live the life and experience what they think they want to do. This can help them find a job that suits them in this very broad industry.”

In addition to providing job-preparationadvice and mock interviews, Larson takeshis students on tours of the Muscatine Foods plant floor and discusses the

risk issues associated with operations.“This program is very impressive.

I was afforded many unique perspectivesof the insurance industry,” says T.J. Anderson (BBA10), who also hadLarson as a mentor. “Most importantly, I learned how to incorporate professionalism into all facets of life.”

A Two-Way StreetThe Vaughan Institute views mentoringas a two-way street. In return for the valuable business insights mentors provide, students are encouraged toengage in “reverse mentoring.” This innovative concept enables students toshare their current business knowledge

with their mentors.“For me, a lesson in social

communication technology was the key,” Larson says. His 2009 students gave him an overview of Twitter,Skype, and other usefulbusiness technologies. Healso attended a class, whichprovided him insight into

today’s insurance curriculum.Because he is a recent

graduate himself, Berg appreciates the opportunity

to learn alongside the students.

Would You Like to Become a Mentor?Only a few mentors are needed each year for the nine-month mentoring program; however, the Vaughan Institute would like to expand its network of mentors. A student may be interested in moving to your area after graduation or may be relocating for an internship or a full-time job. If you are interested in placing your name on a list ofpotential mentors for an expandedprogram that will provide mentors during the summer months or aftergraduation, please send an e-mail to Associate Director Viana Rockel at [email protected].

MENTORING: ANOTHER LAYER OF LEARNING

“As a young professional, I’m alwayslooking for opportunities to learn more about the industry,” he says. “A company like TrueNorth offersdynamic opportunities to see differentfunctions at work, and it encompasses a lot of the practices of most companies.”

Each year, Rockel and the steering committee review and refine the mentoring program. According toRockel, it will continue to draw professionals closer to the College and to the certificate program.

“The mentoring program is a hugeopportunity to build goodwill with lotsof people in the industry,” Rockel says. “It gives them more knowledge of theVaughan Institute and what we do to set students up for success.

“Other opportunities can grow out of this,” she notes. “By enhancing our network with professionals, we’llhave what we need to come up withadditional innovative programs.”

“After they graduate, I want these students to become mentors,” Berg says. “This program differentiates themas they seek jobs. If they get positions in innovative companies, I want them to come back and share that with others so the next set of graduates are better prepared.” ▪

Hal Larson, Viana Rockel, and Ashley Schulz interview Tippie student Austin Duke in order to match him with an industry mentor.

Business at Iowa � Henry B. Tippie College of Business

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Iowa native J. Edward Lundy (1915-2007)was a man who:

▪ graduated from Iowa with high honors and a B.A. in economics in 1936 and then studied economics at Princeton;

▪ became a graduate instructor at Princeton (1938-42) and was voted most popular instructor on campus his final two years;

▪ rose to the rank of major in the U.S. Army, serving on the Army Air Force Statistical Analysis Team where, with the help of rudimentary computers, he analyzed nightly data from air sorties in Europe to plan the next day’s attacks;

▪ wanted to return to teaching after the war but was prevailed upon by his commanding officer, Charles B. “Tex” Thornton, to become part of a 10-man team (the “Whiz Kids”) that joined Henry Ford II’s beleaguered Ford Motor Company in 1946; and

▪ developed a financial planning system that became a model for the auto industry, eventually retiring as CFO at Ford in 1979.

When Lundy passed away in 2007, his friends and colleagues thought there no better way to memorialize him than establish a professorship in his name. Now, that endowed professorship has become a reality,

thanks to $750,000 in gifts received to fund the J. Edward LundyProfessorship at the UI Foundation.

“Ed Lundy recruited, mentored, and inspired a generation of talentedfinancial executives at Ford,” says Oscar “Bud” Marx III, of Laguna Beach,Calif., who spent 32 years at Ford. “He will be remembered by all thosewhose lives he touched for his lifelong allegiance to Ford, his deepcommitment to excellence, and his interest in and support of the financeprofessionals he brought to Ford.”

This fall, DanKovenock, professor of economics andpolitical science, was appointed thefirst J. Edward Lundy Professor of Economics in the Tippie College.“The professorship

recognizes Dan’s talents and contributionsto his field of study,” says William C.(Curt) Hunter, dean of the College.“Professorships like this are critical to our success. They help us to attractand retain talented faculty.”

Kovenock, who came to the College in 2008, was previously a professor of economics and political science at Purdue University. Kovenock received a Ph.D. in economics from

the University of Wisconsin-Madison in 1983 and a B.Sc. in mathematics and economics from the HebrewUniversity of Jerusalem in 1977.

Kovenock’s research has contributed to the study of theoretical models ofrank-order contests, which can be usedto examine such topics as defending networks of targets from terrorist attackand optimally allocating presidentialcampaign expenditures across states.

He currently serves as the associate editor of Social Choice and Welfare, editorial board member of Games and Economic Behavior, associate editorof European Economic Review, and co-editor of Economic Theory. ▪

Daniel J. Kovenock

Need Additional Information?To learn more about giving to the Tippie College of Business, contact:

Tami BaumannExecutive Director of DevelopmentHenry B. Tippie College of BusinessThe University of Iowa Foundation [email protected]

Jana MichaelDirector of DevelopmentHenry B. Tippie College of Business The University of Iowa [email protected]

Phone: (319)335-3305 or (800)648-6973Online: givetoiowa.org/business

j. edward lundy

Page 14: Business at Iowa, Winter 2010-11

News from the Tippie College of Business

collegenews

Economics RankedAmong Top Third in NationThe National Research Council (NRC) rated Tippie’sdoctoral program in economicsand eight other UI doctoral programs in the top third in the country. They were economics, electrical and computer engineering, freeradical and radiation biology,industrial engineering,mechanical engineering,molecular physiology,

psychology, Spanish, and sociology. The assessment took into account more than20 program characteristics,including faculty research productivity (publications and grants), diversity of facultyand students, financial supportfor students, number of doctoral graduates, rates ofdegree completion, time todegree, and post-graduationemployment. Faculty ratedhow important each factor was in determining the qualityof a program in their field.

Thirst StationsThe Tippie College has the first Thirst Station on campus, a vending machine that provides buyers with clean,

chilled water, dispersed intotheir own reusable water bottle. The station filters andUV purifies the water and uses flash cooling technologyto chill on demand, whichreduces the amount of energyneeded to cool beverages intraditional vending machines.

The Thirst Stations are the brainchild of GretchenSwan, who participated in a FastTrac entrepreneurialtraining program offered by the John PappajohnEntrepreneurial Center. Theseven-session series is designedfor aspiring entrepreneurs and early-stage ventures.

Vaughan Institute Receives $1 MillionThe AEGON Transamerica Foundation has committed $1 million over the next two years to support the Emmett J. VaughanInstitute of Risk Management and Insurance. The gift, madethrough the UI Foundation, will create the AEGON TransamericaFund for Excellence, which will provide for faculty development;research projects; support for student internships, scholarships,and conference attendance; and leadership development opportunities.

The Vaughan Institute is named for longtime UI professorEmmett J. Vaughan (who died in 2004). It provides leadership and partnership with industry in key areas of risk managementand insurance, including credit risk, enterprise risk management,corporate risk, catastrophic and technology risks, cash management, and financial risk management.

ant up-to-date news about the research, programs,

students, faculty, and staff at the College? Subscribe to

our monthly e-newsletter at [email protected]

Business at Iowa � Henry B. Tippie College of Business14

Tippie Dean William C. (Curt) Hunter, AEGON CFO Darryl Button, and UI President Sally Mason. Leadership Award

The leadership team of Nationwide/Allied Insurance, led by CEO and UI alumnus Stephen S. Rasmussen, received the 2010 Oscar C. Schmidt Iowa Business Leadership Awardfrom the College. Rasmussen received a BBA degree in marketing and insurance in 1974 and joined Allied Insurancelater that same year. He worked in numerous capacities forAllied/Nationwide prior to becoming Nationwide CEO in 2009.

The event also recognized the College’s Vaughan Institute of Risk Management and Insurance, a center dedicated tostudying issues in the insurance industry that was started in part with a grant from Nationwide.

The Schmidt Business Leadership Award was established in 1980 to recognize outstanding Iowa business leaders.

Page 15: Business at Iowa, Winter 2010-11

an assistant professor of economics at Hong KongUniversity of Science andTechnology. His expertise is in applied economic theoryand game theory.

C. Wei Li,assistant professor of finance,received his Ph.D. infinance fromIowa in 2006.

His expertise includes agencytheory, asset pricing, andfinancial intermediaries.

RobRouwenhorst,lecturer anddirector of the MarketingInstitute,received his Ph.D.

in marketing from Iowa in2009. His expertise includesadvertising effectiveness, consumer behavior, and judgment and decision making.

MaryWeideman,lecturer inmanagementand organizations,received a B.A. in political

science and English from Iowain 1979 and a J.D. from Iowain 1982. She is a partner with Stein, Moore, Edgerton & Weideman in Iowa City.

facultynews

Business at Iowa � Henry B. Tippie College of Business 15

State Farm GrantThe Tippie College received a $50,000 Good NeighborCitizenship Grant from StateFarm Insurance to provide support for the ManagementInformation Systems degreeprogram. The grant will provide support to establish a Transform, Interact, Learn,Engage (TILE) classroom for the program — a speciallydesigned space that featuresround tables, an instructor’sstation in the center of theroom, flat-panel monitors for displaying student work,white boards on each wall forcollaboration, and broadbandconnectivity for every student.The University is building several of these classrooms as part of a broad effort to support active learning, collaborative teamwork, andincreased student retention.

CIMBA ClassGraduatesThe second class of studentsgraduated in July from theTippie School of Management’sInternational MBA Program.The 24 graduates completedtheir course work through the Consortium Institute ofManagement and BusinessAnalysis (CIMBA) program that the College coordinates at its campus in Paderno del Grappa and Asolo, Italy.Fifteen degrees were awardedto international students,including students from Italy,Jamaica, Canada, Taiwan, and India. Prior to the Julygraduation, held in Iowa City,the graduates visited severalIowa businesses, includingMeredith Publishing and

Pioneer Hi-Bred in Des Moinesand J&P Cyclesin Anamosa.

Video on DemandThe Tippie College recentlyunveiled two videos regardingthe College and its programsfor undergraduate students. In one video, you’ll discoverwhat it’s like to study businesshere, and the other video is an exploration of thePappajohn Business Building.To see the videos, log on to tippie.uiowa.edu/undergraduate, and click on the appropriate link in theright-hand boxes. The videoswere filmed and produced by Hawk City Productions, a student start-up companycurrently located in the BedellEntrepreneurship LearningLaboratory (BELL).

EntrepreneurialManagement TrackBeginning in spring 2011,three new tracks will be available for undergraduatemanagement majors:Entrepreneurial Management,Human Resource Management,and Leadership andManagement. Each track helps guide students who have a particular career interest with required and recommended elective courses. These new tracks align with the competitiveneeds and core expectationsorganizations have for managers and organizationaldevelopment professionals in the workplace today.

UI Degree Available in Western IowaThe University of Iowa will soonoffer educational opportunitiesto students in southwest Iowa through an agreementwith Iowa Western CommunityCollege in Council Bluffs.Students first complete an

associate’s degree at IowaWestern and will then be able to take UI distance education course work to earn a bachelor’s degree.Students can choose from five career tracks at Iowa:entrepreneurial management,general studies, human relations,nonprofit management, andpolitical science.

FACULTY NEWS

New FacultyMichaelColbert, lecturer inmanagementsciences, previously was anadjunct

instructor at the University of Notre Dame. His wife, Amy Colbert, is an associateprofessor in managementand organizations.

Antonio F. Galvao Jr.,assistant professor ofeconomics,received his Ph.D. in economics

from the University of Illinois in 2009. He previously was an assistant professor of economics at the University of Wisconsin-Milwaukee. Hisexpertise is in econometrics.

KyungminKim, assistantprofessor of economics,received his Ph.D. in economicsfrom the

University of Pennsylvania in 2009. Previously, he was

Michael Colbert

Antonio F. Galvao Jr.

Kyungmin Kim

C. Wei Li

Rob Rouwenhorst

Mary Weideman

Page 16: Business at Iowa, Winter 2010-11

Business at Iowa � Henry B. Tippie College of Business16

studentnews

UI Team Wins DataMining CompetitionA UI team took home firstplace in one of two challengeswithin the 2009-10 OMOPCup: Methods Competition. The team developed agroundbreaking approach to ensure the safety of prescription drugs, which could protect the lives of patients worldwide.Participants included: Nick Street, professor of management sciences; Lian Duan and MohammadKhoshneshin, management sciences Ph.D. students; and Si-Chi Chin, a Ph.D. student in information science.Participants had access to alarge dataset that resemblesobservational data that can be extracted from insuranceclaims or electronic medicalrecords. The team identifiedrelationships in the databetween drugs and medicaloutcomes in order to developmethods that correctly identifytrue drug-event associations.Their winning entry in thetime-dependent second challenge won the $5,000 firstprize; they also finished secondin the cumulative challenge.

Beta Gamma Sigma MembershipBeta Gamma Sigma, the international business honorsociety that has had a chapterat Iowa since 1920, inducted85 new members in October.Seniors and juniors ranking in the top 10% of their class are invited to join thisprestigious honor society.Seventy percent of the students offered membershipaccepted the honor, up from 55% in 2009.

Little Lessons Make Big ImpactArmed with black and gold paint, puppets, and personality, the full-time MBA class of 2012 took to the streets of Iowa Cityfor Tippie Philanthropy Day. Sixty-nine first-year students visited12 elementary schools with a simple task: to bring importantcharacter values to life during short skits presented to kindergarten, first-, and second-graders.

The inaugural outreach effort, spearheaded by second-yearMBA candidate Tracy Suits, aimed to tap into students’ creativityand diverse backgrounds. With the class of 2012 representing 21 states and eight countries, Philanthropy Day provided animmediate opportunity for immersion into the local community.

STUDENT NEWS

Tippie Build 4Plans are well under way for a fourth home to be built byTippie students, faculty, andstaff in conjunction with IowaValley Habitat for Humanity.This semester has been busy as the Tippie community worksto raise the $50,000 needed.

▪ Ten teams of second-year MBA students raised more than $13,000 during a 72-hour leadership challenge in their Leadership, Professionalism, and Ethics (LEAP) course. The team that raised the most money (Tracy Suits, Jayme Reynolds, Faizal McBride, Tara From, Matt Hareldson,and Cary Richey) were invited to have dinner with UI President Sally Mason.

▪ A kickoff BBQ sponsored by the Tippie Build SteeringCommittee raised more than $1,000.

▪ Tippie Scholars, I-Envision, and the steering committeesold Tippie Build 4 water bottles and t-shirts, which raised more than $700.

▪ A Faculty Grill-Offsponsored by Delta Sigma Piraised more than $500.

▪ Beta Alpha Psi scheduled Personal Services Days where the group offered up their services to Iowa City homeowners for a voluntary donation.

Since 2007, Tippie Build has raised $150,000 for IowaValley Habitat for Humanityand built three homes thathave placed three low-incomefamilies into safe, securehomes of their own.

Ethics Essay WinnersHeather Fomon (third from left), a finance major from IowaCity, won first prize of $3,000 in this year’s Mary ThomasPrappas Business Ethics Essay Competition. Second- and third-place winners were Abram Carls, BBA10 (Managementand Organizations) and a current first-year law student at The University of Iowa from Tipton, and Shannon Scott(second from left), an economics major from Perry, Iowa. They received $2,000 and $1,000 respectively. (Read the essaysonline at tippie.uiowa.edu/bizcomm/essay-contest.cfm.) Funded through a generous contribution by business alum Mary Thomas Prappas, BSC49, the competition is open to all Tippie undergraduate business students.

Frank Business Communications Center director Pam Bourjaily (left) and Tippie DeanWilliam C. (Curt) Hunter (right) with two of the ethics essay winners.

Page 17: Business at Iowa, Winter 2010-11

When Iceland native Lilja Mósesdóttir(BBA84 in economics) returned to campus to deliver the Howard R. BowenLecture in August, it was the first timeshe had been back to her alma matersince graduation.

“I had forgotten how friendly this community is,” she said. “Iowans havethis positive attitude and politeness to them, even more friendly thanIcelanders.”

Mósesdóttir, currently a member of Iceland’s Parliament, is a formereconomist at Iceland’s Bifrost School of Business. During her lecture, “IcebergTips Over: What Are the Implications of the Icelandic Financial Crisis?”, shediscussed the facts behind the country’srecent economic collapse.

In 2008, when the banks were so deep in international debt that they failed and the country’s economy collapsed, Mósesdóttir decided to play a role in putting the economy backtogether. She ran for and won election to the Althing, Iceland’s parliament, in2009. Among the Left-Green Movementparty member’s committee assignmentsis the Business and Banking Committee,of which she serves as chair, and whichgives her a primary role in the historicrebuilding of the country’s economy.

Prior to the collapse, Mósesdóttir was a harsh critic of

Iceland’s loose bankingrules that allowedunfettered lending and high debt loads for banks. She had

argued that the banks were deeply in debt to foreign lenders and would be vulnerable in a global economic slowdown. According to Mósesdóttir,that lack of regulation enabled the owners of the Icelandic banks to rob them from the inside through Ponzi-style schemes.

“After the three main banks collapsed,Iceland took out loans from theInternational Monetary Fund (IMF),” she says.

“I was the only economist in Icelandwho was against signing an agreementwith the IMF,” she says, “because it’s not a temporary thing. They were to be here for two years, but that hasbeen extended now, and this historically happens when they are brought in tohelp a country recover.”

In addition, she says, the IMF raisedinterest rates from 12% to 18%, whichmade the crisis even worse.

“You have to have low interest rates to stimulate investments when people are having difficulties making endsmeet,” she says. “I warned the people of Iceland that if they accepted the IMF this would happen, and the day after I said it publicly on the nationalradio, they raised rates.”

Today, Iceland is struggling undermountains of debt, government austerity, and a depressed economy. In October, growing social unrestbrought thousands of people to demonstrate outside Parliament to show how angry they are about the country’s current economic situation.

Mósesdóttir admits she has differentideas and solutions to the country’s current problems.

“Americans are open to new ideas, and while I was at The University of Iowa, I saw that innovation is encouraged. I know my years at Iowa put their mark on me,” she says. ▪

Business at Iowa � Henry B. Tippie College of Business 17

alumni feature

Iceland’sFinancial Crisis: Tippie Alum Helps Piece Economy Back Together

Lilja Mósesdóttir, BBA84

EDITOR’S NOTE

The Howard R. Bowen Lecture Series wasestablished in 1986 by the Tippie College to honor former UI president and renownedeconomist Howard R. Bowen. The series isdesigned to provide a platform for individualswho demonstrate the distinction, thoughtfulness,and originality of Howard Bowen to addressimportant issues facing society. Mósesdóttir’slecture is available on the Tippie web site at tippie.uiowa.edu/speakers.

Lilja Mósesdóttir

Page 18: Business at Iowa, Winter 2010-11

AlumniNews

An online information update form is available at tippie.uiowa.edu/alumni/update, or you can send a note to Vicki Wittenberg, Director of Alumni Relations, Tippie College of Business, 108 John Pappajohn Business Building, The University of Iowa, Iowa City, IA 52242-1994 (or e-mail [email protected]).

ost track of a classmate? Looking to connect with alumni in your area? Check

out the career moves, professional accomplishments, and personal achievements

of Tippie alumni and classmates below, and then send us your news. LEditor’s Note: Alumni News are submitted by alumni and are not verified by the editors. While we welcomealumni news, Business at Iowa is not responsible for information contained in these submissions.

18 Business at Iowa � Henry B. Tippie College of Business

2000sEthan Astor, BBA10, is an assurance associatewith PricewaterhouseCoopers LLP in Minneapolis.

David A. Beal, MBA04, of Mount Pleasant, is president of MetroGroup Marketing Services, a direct marketing solutions company.

Melinda Billingsley, MBA10, is a customer insight manager with Bridgestone Bandag TireSolutions in Muscatine. She lives in Eldridge.

Eric Bochtler, MBA10, is a research analyst with Ipsos Vantis of San Ramon, Calif. He lives in Livermore, Calif.

Kunal Bonsra, MBA10, is an area manager with Amazon.com in Lexington, Ky.

Kate Brennan, BBA02, is the business development manager for SurveyMonkey in the San Francisco area.

Christopher Buckner, MBA10, is a pricing analyst with Delta Airlines in Atlanta, Ga.

Tom Burke, BBA09, is an IBM Global BusinessServices strategy and transformation consultant in Chicago.

Jonathan Chaparro, EntrepreneurshipCertificate 08, is an analyst with Katten MuchinRosenman in Chicago.

Richard (Rick) Collins, BBA08, MAc09, is withDeloitte Tax LLP in Chicago.

Tara J. Aitchison Cooper, BBA03, ofMarshalltown, is an optometrist for Eyecare

Associates.

Mark Correll, EMBA06, is vice president of manufacturing at Rockwell Collins in Cedar Rapids.

Benjamin Davis, BBA09, is a staff auditor with Brown andBrown Inc. in Daytona Beach, Fla.

Joseph Demmer, BBA10, is a corporate tax accountant withAEGON in Cedar Rapids.

Ryan DeVoe, BBA09, MAc10, is a financial management analyst with Accenture in Chicago. He lives in Elm Grove, Wis.

Caitlin Dolphin, Entrepreneurship Certificate 10, is a recruiting assistant at Northwestern Mutual in Cedar Rapids.

Jane L. Driscoll, MBA06, of Iowa City, is an office manager for VJ Engineering.

Nadia I. Stamp Dwight, BBA02, of North Liberty,is director of MBA Student Services for the TippieSchool of Management.

Casey Farrier, BBA10, is a financial analyst withMercy Clinics Inc. in Des Moines.

Jordan Fife, MBA10, works for AmericanGreetings in Cleveland, Ohio.

Katie Funk, MBA10, is an innovation marketinganalyst with Nestlé Purina in St. Louis, Mo.

Jared M. Garfield, BBA09, cofounder of J&J Solutions, a medical device manufacturer, has received a 2010 Prometheus Award from the Technology Association of Iowa and LWBJFinancial for outstanding start-up company of the year. He lives in Deerfield, Ill.

Holly (Olson) Garner, EMBA09, gave birth to a daughter, Alleta Elizabeth Garner, on Oct. 22, 2009.

Cristy Geilenfeld, BBA03, MBA09, is an investment accountant with Principal GlobalInvestors in Des Moines.

Amy Glass, BBA07, is an associate wealth advisor with McGladrey in Pasadena, Calif. She lives in Los Angeles.

Evan Grzelak, BBA09, is traveling the world and currently teaching English in Ho Chi Mihn City, Vietnam.

Eric T. Hanson, MBA03, is communications director for the Iowa City Area DevelopmentGroup, and Shannon E. Reno Hanson,

BBA03, is marketing and membership director for the YMCA in Cedar Rapids.

Kyle Hougham, BBA06, is an associate attorney with Gallivan, White & Boyd of Greenville, S.C.

Ethan Astor

Melinda Billingsley

Eric Bochtler

Kunal Bonsra

Christopher Buckner

Nadia I. StampDwight

Jordan Fife

Katie Funk

Alleta Garner

Amy Glass

Page 19: Business at Iowa, Winter 2010-11

Business at Iowa � Henry B. Tippie College of Business 19

alumninews

Jennifer Leistikow Jaschen, BBA10,is a law student at Drake University in Des Moines. She married Jon Jaschen on Aug. 7.

Caitlin Johnson, BBA10, is an associate accountant with Northern Trust in Chicago. She lives in Park Ridge, Ill.

Dustin Johnson, BBA08, MAc09, is an audit assistant with Deloitte in Davenport.

Nicole M. Worker Kennedy, BBA02, of CrystalLake, Ill., is a senior accountant in purchasing forthe Magnetic Inspection Laboratory in Elk GroveVillage, Ill.

Kari J. Kuefler, BBA00, of Oswego, Ill., is an account managerfor the Marketing Werks firm in Chicago.

Austin Ladd, BBA10, is a leadership developmentrotation associate with Principal Financial Group in Des Moines.

Luke J. Lammer, MAc07, an assurance associatefor the McGladrey & Pullen certified public accounting firm in Cedar Rapids, received the third-highest score worldwide on his CertifiedInternal Auditor exam.

Carlos E. Macias-Castillo, EMBA04, is an investment representative with USAA in SanAntonio, Texas.

Jamesina McLeod, MBA03, is a controller withMetro Nashville Airport Authority in Nashville, Tenn. She lives in College Grove, Tenn.

Tina McPherson, MBA10, is a project managerwith Pearson in Iowa City.

Becca Meyer, BBA09, works for The HONCompany in the sales and marketing department as a solutions account associate for the southwestterritory (Hawaii, Southern California, Las Vegas,Phoenix, and New Mexico).

Aimee Munson, MBA09, is education and WEAmarketing manager with Northern Clay Center of Minneapolis. She lives in St. Louis Park, Minn.

David Murphy, BBA07, is an AdWords accountstrategist with Google Inc. in Mountain View, Calif. He lives inCastro Valley, Calif.

James Nachman, MBA05, is a senior engineering manager for Proline Fusion EICAS Software in Commercial Systems at Rockwell Collins, Cedar Rapids.

Michelle R. Norton, BBA03, of Chicago, is a group accountmanager for the Marketing Werks firm.

Sarah Raaii, BBA10, is a leadership developmentrotation associate with Principal Financial Group in Des Moines. She lives in Ames.

Philip Randall, BBA01, MAc02, is a senior manager with Ernst & Young LLP in Des Moines.

Andy Recker, BBA01, and wife Betsy, MBA09,have a new baby girl, Caroline Mabel Recker, bornAug. 11, 2010.

Julie A. Revell, BBA05, MAc06, of Des Moines, is a certified public accountant for the KPMG professional services firm.

Katy Schuler, BBA02, is a sales associate with Arlington Park. She lives in Chicago.

Carl Schumacher, BBA03, MBA10, is a seniorfinancial analyst and LDP candidate with Johnson & Johnson. He lives in Yardley, Pa.

Dave Sheppard, MBA04, was promoted to marketing manager-practice development withSidley Austin LLP in Downers Grove, Ill.

Ashley R. Benjamin Sherwood, BBA05, ofChicago, is an audit senior at McGladrey & Pullencertified public accounting firm in Schaumburg, Ill.

Kacie Sires, MBA04, is a recruiting manager with Principal Financial Group in Des Moines.

John R. Slump, BBA09, cofounder of J&J Solutions, a medicaldevice manufacturer, has received a 2010 Prometheus Awardfrom the Technology Association of Iowa and LWBJ Financial foroutstanding start-up company of the year. He lives in Iowa City.

Colin Stamler, BBA07, is an IT security analyst with State Farmin Bloomington, Ill.

Shelby Strempke, BBA09, is a mechanical design engineer with Rockwell Collins of Cedar Rapids.

Jennifer Donohue Talbott, MBA04, is the executive director of regional operations with the McFarland Clinic in Ames and was elected to the UI Health Management & Policy Alumni Board.

Whitney Thorsheim, BBA09,worked with Camp Adventure in Illesheim, Germany, for fivemonths. The program providescare for children on U.S. militarybases. On a weekend hiking trip to Cinque Terre (a ruggedcoastal section on the ItalianRiviera), she ran into NancyHauserman, professor of management and organizations.

Hauserman had just finished teaching in Asolo, Italy, as part of the Consortium of Universities for International Study (CUIS).

Jennifer Jaschen

Dustin Johnson

Austin Ladd

Carlos Macias-Castillo

Tina McPherson

Becca Meyer

Sarah Raaii

Caroline Recker

Carl Schumacher

Dave Sheppard

Whitney Thorsheim and Professor Nancy Hauserman

Page 20: Business at Iowa, Winter 2010-11

Business at Iowa � Henry B. Tippie College of Business20

alumninews

Rajasekhar Vankayala, MBA09, is a lead integrator withPearson in Iowa City.

Amanda R. Weaver, Entrepreneurship Certificate 08, is a senior administrative specialist with Principal Financial Group.

Reyna L. Wilkens, BBA02, of Fort Madison, is a self-employedattorney.

Genevra Williams, BBA01, graduated cum laudefrom the SMU Dedman School of Law and works in Dallas, Texas, for the 5th District Court ofAppeals as a briefing attorney.

Su Zhang, MBA10, is a consultant with Accenturein Shanghai, China.

1990sKathryn E. Zore Beiser, BBA93, of Mequon, Wis., is a pharmaceutical sales representative for ScheringPlough in Milwaukee.

Edward Bishop, MBA95, is a consultant withFujitsu America. He lives in Madison, Wis.

Curtis W. Davison, BBA90, of Muntinlupa, Philippines, is director of finance and treasury for Asia at Schweitzer-MauduitInternational, a paper supplier to the tobacco industry.

Amy Jo Eckrich, BBA97, is a project assistant for the UI ElectronMicroscopy Facility in Iowa City.

David Foell, BBA99, is a technology manager with Wells Fargoin Des Moines.

Sherri A. Patterson Furman, BBA94, is vice president, chieffinancial officer, and treasurer of the University of IowaFoundation in Iowa City.

Anne Garreans, BBA90, is an assistant professor at Briar CliffUniversity in Sioux City.

Geri M. Wandrey Harris, MBA98, of Fort Collins, Colo., is a senior equity analyst for Tributary Capital Management.

Chase Hendrix, BBA99, is president and CEO of AdEasel, which recently celebrated its 11th anniversary. The company provides integrated web and marketing solutions

to corporate and nonprofit clients, and it got its start in the John Pappajohn Entrepreneurial Center. He lives in Racine, Wis.

Craig Howser, BBA95, is senior vice president of ProQuest (a division of Alliant), in Chicago. He lives in Wheaton, Ill.

Thomas A. Johnson, BBA92, of Dubuque, is a banker withPremier Bank.

Phillip J. Leonard, MBA99, of Santa Monica, Calif., is director of business analytics and intelligence at the Amgenbiotechnology company in Thousand Oaks, Calif.

Mark A. Lietz, BBA99, of Roscoe, Ill., is vice president of AMJIndustries, a can-making equipment company in Rockford, Ill.

Sheila (Severs) Loveland, BBA96, has been promoted to manager, operations performance for Nestlé Purina PetCare Co.in Davenport.

Michael Lowenberg, MBA93, is principal field clinical engineerwith Cardiac Concepts Inc. of Minnetonka, Minn. He lives in Pine Springs, Minn.

Matthew Osborne, BBA90, is a trust portfolio manager withState Bank in Fargo, N.Dak.

Arvind Saxena, EMBA97, is general manager of Insultec Ltd. of West Drayton, United Kingdom.

Vickie L. Shavers, BBA90, an epidemiologist and project officer in the Division of Cancer Control and Population Sciencesat the National Cancer Institute in Rockville, Md., received a UI College of Public Health 2009 Outstanding Alumni Award.

Steve L. Showalter, MBA99, of Waukee, is a consultant for Hewlett-Packard.

Matthew Jamie Syrek, BBA96, of Chicago, is a senior application developer for the National Futures Association, a derivative markets regulatory services provider.

Ronald L. Troester, BBA90, is a local site administrator for Vangent, a global information management and business process outsourcing services in Coralville. He lives in North Liberty.

Chris J. Vaske, BBA92, of Peru, Ill., is vice president of commercial banking at Citizens First National Bank.

Kristen M. Bromann Vitek, BBA96, of Sugar Grove, Ill., is human resources director for In the Swim, a pool supplies store in West Chicago, Ill.

John P. Wilder, BBA98, of Chicago, is a financial analysis manager in commercial lending with the auto division forJPMorgan Chase.

1980sRobert Arzbaecher, BBA82, marked the centennial and 10-year anniversary of the Actuant Corporation and its spin-offby ringing the closing bell of the New York Stock Exchange onAug. 2. The company was founded in Milwaukee in 1910 as the American Grinder Manufacturing Company, was BlackhawkManufacturing in 1925, Applied Power Industries in 1961, and ultimately Actuant in 2000.

Lisa A. Birley Baronio, BBA83, of Denton, Texas, is theUniversity of North Texas vice president for advancement and director of development for the UNT Foundation.

Julie Behounek, BBA89, of Jersey City, N.J., is a managing director for the Bank of New York Mellon in New York City.

Su Zhang

Genevra Williams

Page 21: Business at Iowa, Winter 2010-11

Business at Iowa � Henry B. Tippie College of Business 21

alumninews

Carol Brockway, BBA81, is a merchant services consultant with TriSource Solutions in Bettendorf.

Mark B. Chingren, BBA80, of Fort Dodge, is a financial advisor for the Chingren Agency insurance company.

Elizabeth A. Sierk Corridan, BBA83, of Zionsville, Ind., is executive director of the Kappa Alpha Theta fraternity inIndianapolis and is chair of the Indiana Commission for Women.

Todd A. Crandall, BBA85, of Minnetonka, Minn., is vice president and relationship manager at Wells Fargo Bank inMinneapolis.

Arthur Darrow, PhD82, is a senior lecturer at the University of the South Pacific, Suva, Fiji.

Ron Dickel, BBA82, is vice president of financeand director of global tax and trade with IntelCorp. in Santa Clara, Calif.

Myron R. Hammes, BBA81, of Paradise Valley,Ariz., is president and founder of G.P.S. FleetManagement in Phoenix.

Frank B. Harty, BBA81, is an attorney with Nyemaster, Goode, West, Hansell & O’Brien in Des Moines. He recently won a landmark employment case before the U.S. Supreme Court.

Chris R. Iiams, BBA85, of Ankeny, is an operations planningmanager for Alcan Packaging in Des Moines.

Jeffry A. Kunkel, BBA85, of Coral Springs, Fla., is the chiefexecutive officer and owner of Weblink Solutions, an e-commercesolutions provider.

Matthew D. Kunzler, BBA86, of Downers Grove, Ill., is districtsales manager for WW Grainger, a facilities maintenance productssupplier in Arlington Heights, Ill.

Stacy S. Liljeberg, BBA81, of Sarasota, Fla., is a realtor forMichael Saunders & Company.

Scott Long, BBA84, is a lawyer with the Law Office of Scott L. Long in Des Moines.

Jeffrey Lorenger, BBA87, MBA01, is president of Allsteel Inc. in Muscatine. He lives in Iowa City.

Michael Luthy, MBA87, has been awarded the Fulbright Enders Visiting Chair in Canada-U.S. Relations by the Council for International Exchange of Scholars. For his research, he will be interviewing ambassadors stationed in Canada and nationalgovernment officials, exploring the role of embassies in fosteringinvestment, trade, and entrepreneurship in their home countries.Luthy is a professor of marketing at Bellarmine University inLouisville, Ky.

Ashley Lye, MBA81, is president of Kaleo Consulting Inc. of Newmarket, Ontario, Canada.

Jill P. Northey Otte, BBA87, MA93, of Fortville, Ind., is anaccountant with the Defense Finance and Accounting Service in Indianapolis.

Sang Ik Paik, MBA89, is president of Poong Won Ind. Col. Ltd. in Seoul, South Korea.

Michael D. Pierson, BBA88, of Burlington, is a developer and farmer for his companies Pierson and Pierson Farms.

Jacqueline S. Quinn, BBA82, of Johnston, is a senior vice president at Wells Fargo Home Mortgage in West Des Moines.

Mark M. Quinn, MBA82, of Naperville, Ill., is a bond trader and author of The Chairman: A Novel of Big City Politics.

Daniel T. Smith, BBA82, of Grayslake, Ill., is vice president and controller for the Oil-Dri Corporation of America, a sorbentmanufacturer in Chicago.

David W. Smith, MBA84, of Wayzata, Minn., is a self-employedcorporate director, board chair, and private investor.

Kenneth Strait, BBA81, is a prosecutor with K. Strait and Associates of Montclair, N.J.

Michael T. Weiner, BBA88, of Freeport, Ill., is statemanagement director for MetLife Auto & Home.

Chris Welp, BBA82, is the new executive vice president of insurance operations for Aviva USA.

In this role, Welp oversees all insurance operations and helps leadcompany initiatives, such as customer services, life and annuitynew business, underwriting, agency services, and administrationshared services. Previously, he led tax, finance, and support services for Equitable of Iowa Companies prior to its acquisitionby ING. In addition, Welp has served on the ProfessionalAccounting Council in Tippie’s Department of Accounting.

Kathleen F. Sargent Williams, BBA81, of Grand Prairie, Texas, is quality assurance manager for Usability Sciences, a web site testing company in Irving, Texas.

1970sAlan A. Daedlow, BBA72, of Tipton, is a certified publicaccountant for the Latta, Harris, Hanon & Penningroth accounting and consulting firm.

Gerald Edgar, BBA75, environmental health and safety manager with POET Ethanol in Ashton. He lives in Garner.

James D. Jensen, BBA72, MBA74, of Arnolds Park, is a realtor sales associate for Re/Max Spirit Lake and the Okobojis in Spirit Lake.

John McKillip, BBA72, is treasurer of Merschman Seeds Inc. of West Point. He lives in Fort Madison.

John P. Meineke, BBA79, of Muscatine, is director of marketingand public relations for Black Hawk College in Moline, Ill.

Kenneth Strait

Ron Dickel

Page 22: Business at Iowa, Winter 2010-11

Business at Iowa � Henry B. Tippie College of Business22

alumninews

Brian Pobanz, BBA70, retired from Unilever. He lives in BonitaSprings, Fla.

Mark J. Smith, BBA76, of Castle Rock, Colo., has been named to Research Magazine’s AdvisorHall of Fame. He is president of the M.J. Smith and Associates investment advisory firm inEnglewood, Colo.

Mark Steil, BBA70, is a consultant with Harrington& King of Chicago, Ill. He lives in Fontana, Wis.

Robert J. Storck, BBA70, of Solon, is a sales representative for Newton Manufacturing in Newton.

Kenneth Wall, BBA75, is a certified financial planner with BDF Investments in Coralville.

Robert D. Wehler, BBA72, of Centennial, Colo., is a financialadvisor and first vice president for Morgan Stanley Smith Barney.

1960sJon Broers, BBA68, retired from Sears, Roebuck and Co. in 2004 as director of stores. He lives in Tucson with wife Patricia J. Larsen Broers (UI grad 1968).

Charles H. Disselhorst, BBA66, of Naples, Fla., has retired as a manager from Burlington Produce in Burlington.

Rick Echternacht, BBA68, of Chanhassen, Minn., is generalmanager of National Home Security in Edina, Minn.

Jerry N. Ellis, BBA60, MBA62, of Pella, is a self-employed corporate governance consultant.

Gary R. Gottschalk, BBA68, of Somerville, N.J., is vice president of sales for Foremost Groups, a home furnishing company in East Hanover, N.J.

David C. Ott, BBA66, of Cedar Rapids, works in the salesdepartment at Immersive Engineering.

Richard Peterson, MBA65, retired from Bank One in Chicago.He lives in Barrington, Ill.

Gene C. Wunder, BBA69, of Topeka, Kan., retired fromWashburn University as a marketing professor, associate dean for the School of Business, and special assistant to the president.

1950sWilliam J. Ambrisco, BSC58, retired president of Welt-Ambrisco Insurance of Iowa City, wasinducted into the Iowa Insurance Hall of Fame.

John Scott Davenport, PhD52, is retired and lives in Charles Town, W.Va.

Tippie Gear AvailableShow your Tippie pride by ordering apparel through the Tippie Gear web site at Tippiegear.com. Products include jackets, sweatshirts, T-shirts, caps, water bottles, and bags. You may choose from Tippie College of Business or Tippie School of Management logos. The store is a nonprofit endeavor.

Mark J. Smith

William J. Ambrisco

hats/caps

men’s jackets

ladies’ jack

ets

ladies’ polos

men’s p

olos

bags

scarves & more! Tippiegear.com

Page 23: Business at Iowa, Winter 2010-11

Business at Iowa � Henry B. Tippie College of Business

Helping Small Businesses to Go GreenInspired by her grandparents’ conservation ethic and by engaging UI business and geography courses,Paige Finnegan, BBA01, broadened her original career goal of finance into the green economy. As COO of e-One LLC in Chicago, she focuses on engaging small- to medium-sized organizations in sustainability, both financial and environmental.

Paige bolstered her economics studies with a master’s degree in sustainable agriculture. Her research on the economic impact of agriculture on women in western Africa incorporated all of her education into one project.

In 2004, she entered the green nonprofit world with a job at Chicago Midwest Energy EfficiencyAlliance. Next, she ran the Chicagoland Green Collar Jobs Initiative before being recruited into for-profit work by e-One in 2009.

“The misconception is that green is expensive,” Paige says. “We’re working to identify economicallycompelling ‘green’ business practices that can be replicated in smaller businesses. We aggregate purchasing power topackage green options that create a great impact at theright price for small business.”

One such package converts emergency exit signs from incandescent bulbs to LED light sources.

“The conversion of 1,000 signs to LEDs reduces carbon dioxide emissions by three million pounds and ensures years of continuous operation,” says Paige. “Plus, the return on investment for LED exit signs can be as little as 10 months. It’s a no-brainer.”

The company’s activities include coordinating a green restaurant crawl for theBusiness Alliance for a Sustainable Evanston to promote restaurants focusing onsustainable food.

“In the green economy, you can be really creative,” Paige notes.Outside of work, Paige stays involved in green nonprofits, such as the Illinois

chapter of the U.S. Green Building Council. In 2011, she will become the youngestchair in the 1,600-member organization’s history.

A Passion for Renewable Energy After more than 20 years in various businesses in California and Iowa, Mike Carberry, BBA83,turned the buzz about global climate change into a career change.

“Global climate change could be the defining moment and challenge of our generation,” Mike says. “I felt destined to use my education and natural talents to do something about it.”

About 10 years ago, Mike began reading about global climate change and volunteering with organizations like Sierra Club. In 2005, he took the leap into consulting and began Green StateSolutions in Iowa City, his hometown.

“I learned a lot about salesmanship in the business school,” he says. “Everything I’ve done has been related to sales — selling coins, antiques, radio, telecommunications — and now, ideas.”

Mike organizes outreach for renewable energy policy, climate change, and sustainable food and agriculture. Every week, Mike heads to Des Moines for meetings and to lobby for these issues, and once a year, he visits Washington, D.C.

For 18 months, Mike also served as executive director of Iowa Renewable Energy Association, or I-Renew for short.

This educational nonprofit promotes sustainable energy production and use. Through a training facility located in Hiawatha, I-Renew teaches solar and wind energy site assessment and installation for residential, small business, and agricultural applications.

“I-Renew offers a training program for small wind turbines, photovoltaic solar, and solar thermal energy solutions. The solar training facility was added in 2010,” Mike states.

“There has to be a market for green jobs, so I will continue my efforts to shape policy to improve the market for renewable energy.”

Mike is proud to note that the UI contributes to the green-collar economy.“The UI has been integral in the green jobs equation by offering business degrees,

engineering degrees, and now a sustainability certificate.”

Paige (Knutsen) Finnegan, BBA01

Mike Carberry, BBA83

alumninews

23

Page 24: Business at Iowa, Winter 2010-11

Business at Iowa � Henry B. Tippie College of Business24

In Memoriam

Robert M.SoldofskyAugust 12, 1920 –August 4, 2010

Robert M. Soldofsky, a long-time member of the finance faculty and formerholder of the John F.Murray Professorshipin Finance, passed away on August 4at the age of 89 after battling Parkinson’s and congestive heart disease.

Bob joined the faculty at Iowa in 1954 after having worked for the United States Wage Stabilization Board in Kansas City,Mo., and the Ford Motor Company. He was well known for his books, Institutional Holdings of Common Stock, 1900-2000,and a textbook widely used in the field of finance, FinancialManagement (coauthored by Garnett Olive). He was also coeditor of Frontiers of Financial Management (with WilliamSerration and Surendra Singhvi).

He was the founder and first director of the FinancialManagement Association, past president of the Midwest Financial Association, and the editor of the Journal of the Midwest Financial Association in the mid-1980s.

Before retiring from teaching in 1990, Bob became one of the chief architects of The University of Iowa’s retirement system, serving on the Funded Retirement and InsuranceCommittee from 1978 to 1990. He was frequently sought out as a consultant to business and government institutions on retirement and investment issues. He was an expert witness in the 1985 Labor Department ERISA (Employment, Retirement,Insurance Security Act) hearings.

He is survived by his wife, Marcella (Micki) Soldofsky, of IowaCity; a son, Alan D. Soldofsky, of San José, Calif.; and a daughter,Sue Anne Schmuck, of Albuquerque, N.Mex.

inmemoriam

1930sRaymond F. Boettcher, BSC37Hermina G. Brandt, BSC39Orlo A. Bush, BSC31Elizabeth H. (Hall) Condon,

BA35Jane (Stoddard) Conkling,

BSC35Robert A. Hitz, BSC38Marian (Frahm) Parsons, BA32Virginia (Shadle) Phelps, BSC33William E. Roberts, BA39Sidney Thomashower, BA39

1940sDonald E. Beadle, MA49Betty J. (Kelloway) Bell, BSC41Don C. Benson, BSC47Robert W. Briggs, BSC44Robert Dewayne Brown,

BSC47John F. Connor, BSC49Michael H. Cryder, BSC49Clifford L. Dunston, BSC47Elizabeth S. (Stevens) Estey,

BSC42Lois M. (Hughes) Gochenour,

BSC41Samuel J. Heeger, BSC48Ralph M. Katz, BA48Floyd C. Mann, BA40Charles W. McKinley, BA49Fay R. (Rovner) Micon, BSC44Jim Mitchell, BA49William L. Mull, BSC47Ned R. Nelson, BSC46Oliver E. Niebruegge, BSC43Barbara (Henry) Phillips, BSC44Peter A. Seip, BSC43Eleanor K. (Mitter) Sorrells,

BA45Lillian Locher Strittmatter,

BA40James L. Thomas, BSC49Jane E. (Davis) Watters, BSC40Donale E. Wolfe, BA40

1950sFrederic C. Bohlken, BSC56Carla J. (Proehl) Case, BSC54,

MA70Marvin J. Christiansen, BA51David N. Cohen, BSC54George M. Cormack, BSC56George E. Davis, BSC57William E. Davis, BSC51David A. Dunlop, BSC52John T. Hanrahan, BSC55John R. Harlan, BSC51Max E. Hasbrouck, MA50

Robert J. Head, BSC57Keith P. Hecox, BSC50Robert L. Heggen, BSC59William B. Jepson, BSC53Arthur V. Joerger, BSC57Cyril L. Kauffman, BA50Robert G. Koons, MA50Donald D. Krug, BSC56Reynold W. Larson, BSC50,

MA51Gordon F. Lee, BSC52John P. Mugge, BSC56Lee Y. Murphy, BBA59Kevin E. Nelson, BSC51Donald L. Peterson, BSC50Jack E. Rebec, BSC58Gerald W. Reed, BSC57Robert D. Schabacker, BSC59William J. Tandy, BA50Richard E. Tharp, BSC50Dean B. VanHorn, BSC50Ralph D. Wilson, PhD54

1960sJohn T. Blong, BBA67Floyd A. French, BBA62Calvin J. Krebs, MA69Stephen T. Mashek, BBA66Robert L. Moore, BBA60James C. Parr, BBA60Fredrick R. Reynolds, BBA61E.J. Woolums, BBA67

1970sTimothy L. Fredrickson, BBA78William J. Givens, BBA79Dean W. Jackson, BBA77Jason M. Lancial, BBA79Ellen (Henry) Pugh, BBA78Paul L. Rouse, MBA72Larry J. Schaapveld, BBA70Keith C. Sippy, BBA86James C. Smittkamp, BBA75

1980sPeter J. Kampine, BBA85Gregory H. Meyer, MBA88Timothy P. Prignitz, BBA83

1990sDiane L. Brandt, MBA91Jody A. (Michael) Kraninger,

BBA95Emerson C. Martin, BBA90John H. Ruth III, BBA93Richard L. Soucy, BBA98

2000sDuWayne A. Jilek, EMBA05

Gregory Meyer, BA79, MBA88Dec. 3, 1954 – July 1, 2010

Gregory H. Meyer, of Waukesha, Wis., passed away on July 1, 2010. He was born in Pasadena, Calif., the son of Herbert and Viola (Fruendt) Meyer. He married Ludalle (Lou) Weih on May 19, 1990. Greg was an account executive forFederal Express Corp. in Brookfield, Wis. He was committed to ethics, loved mentoring students, and valued excellent writing. His family has given a gift to the UI Foundation in his honor for use by the Undergraduate Program at Tippie.

Page 25: Business at Iowa, Winter 2010-11

College Leadership

AdministrationWilliam C. (Curt) HunterDean

Charles H. WhitemanSenior Associate Dean

Jay Sa-AaduAssociate Dean

Lon MoellerAssociate Dean

Barbara ThomasDirector of Communication and External Relations

Tami BaumannExecutive Director of Developmentfor the Tippie College of Business

The University of Iowa Foundation

Jana MichaelDirector of Developmentfor the Tippie College of Business

The University of Iowa Foundation

Board of VisitorsWilliam L. BolsterChairman and CEO (Retired)CNBC International

Douglas D. CalvinManaging Partner (Retired)PricewaterhouseCoopers LLP

Steven L. CavesPresidentU.S. Bank, Iowa

Joe CrookhamPresident Musco Lighting

Kathleen A. DoreSenior AdvisorProteus International

David J. FisherChairman and PresidentOnthank Company

Leonard A. HadleyChairman and CEO (Retired)Maytag Corporation

Ruth HarkinSenior Vice President and Chair (Former)International Affairs and Government Relations Chair

United Technologies International

James E. HoffmanChairman of the BoardIowa Health System

Kevin HoltSenior Portfolio Manager and Managing Director

Invesco Ltd.

Frederick S. HubbellExecutive Board (Former)ING Group

Clayton M. JonesChairman, President, and CEORockwell Collins

David J. KirkpatrickManaging Partner (Retired)KPMG Peat Marwick LLP

Thomas A. KloetCEOTMX Group

W.A. KrausePresidentKrause Gentle Foundation

Curtis K. LanePortfolio ManagerConcordant Partners

Claudia T. Marban, ex officioSenior Financial AdvisorClaudia Marban & Associates/Ameriprise

Thomas E. McCartySenior Partner (Retired)Accenture

Daniel E. McLeanPresident and CEOMCL Companies

Kathleen A. MinetteSenior Vice PresidentAssessment and InformationPearson

Terrence J. MulliganVice ChairmanMedAssets Inc.

John PappajohnPresidentEquity Dynamics Inc.

Charles M. PetersPresident and CEOGazette Communications Inc.

Rogelio M. RebolledoPresident and CEO (Former)Frito-Lay International

G. Joseph ReddingtonCEO (Retired)Breuner’s Home Furnishings Corporation

Soumyo SarkarFounding PrincipalSumit Capital

Andrew H. SassinePortfolio ManagerFidelity Investments

Robert D. ShermanSenior Vice President and Eastern Sales Director (Retired)

Merrill Lynch Private Client Group

Chris SimpsonSenior Vice President Marketing and SalesPella Corporation

Jerre L. SteadCEO and ChairmanIHS Inc.

Teresa WahlertPresident and COO (Former)The Mid-America Group

Marie Z. ZieglerVice President, Investor RelationsDeere & Company

The University of Iowa

prohibits discrimination

in employment,

educational programs,

and activities on the basis

of race, national origin,

color, creed, religion, sex,

age, disability, veteran

status, sexual orientation,

gender identity, or

associational preference.

The University also

affirms its commitment

to providing equal

opportunities and equal

access to University

facilities. For additional

information contact

the Office of Equal

Opportunity and

Diversity, (319)335-0705.

Page 26: Business at Iowa, Winter 2010-11

Nonprofit

Organization

U.S. Postage

P A I DPermit No. 45

Iowa City IA108 John Pappajohn Business Building, Iowa City, Iowa 52242-1994

Blue skies, a 75-degree day, and a cool breeze helped make Homecoming 2010 asuccess at Tippie. More than 200 alumni were in “A Hawkeye State of Mind” as theyenjoyed the annual BBQ in the courtyard prior to the Homecoming parade, and the eventwas more “green” this year — all tableware (including the cups and silverware) weremade of material that is easily composted, so less waste was sent to the landfill. The College hopes this starts a tradition of sustainability at its events.Three student organizations — Women in Business, Alpha Kappa Psi, and Delta Sigma Pi — entered floats in the parade. Lisa Gillette, an economics and finance doublemajor from Ottawa, Ill., was one of 12 students named to the Homecoming Court, and John Pappajohn (BSC52) was this year’s honored guest.On Saturday, more than 60 former and current members of Delta Sigma Pi gathered for lunch to celebrate the organization’s 90th anniversary on campus, and several 50-year class members were honored at an intimate luncheon. Last, but not least, the Hawkeyesbeat Penn State, 24-3, in a night game. ▪

Homecoming 2010