July 2012 Vol. 3 • Issue 4
Lucas Institute and Appraisal
Institute Host Career Forum
The Lucas Institute for Real Estate Development and Finance and the Florida Gulf
Coast Chapter of the Appraisal Institute
hosted a Career Forum on April 10, 2012.
The Appraisal Institute hosts similar events
around the state, but we are pleased that the
only two such events held on a college campus have been here at FGCU. The Career
Forum is an integral part of the Lucas Institute, which serves as the primary linkage
between FGCU and the real estate industry.
The Forum focused on careers in real estate
valuation and consulting, but also addressed
other opportunities in the real estate industry,
as well as forecasts of the southwest Florida
housing and commercial property markets.
L to R: Rachel M. Zucchi, MAI, David C. Lemonde, SRA, RAA, (president, Florida Gulf Coast
An enthusiastic group of around 50 students
Chapter of the Appraisal Institute), Daniel E. Ceilley, Carlton J. Lloyd, Jr., MAI, Michael P. Jonas,
had the opportunity to meet and network
Nathan R. Chouinard, (back row), J. Bruce Cumming, Jr.
with industry panelists before the panel presentation, and afterward at the reception.
The event was organized by our Lutgert College of Business
We are grateful to our panelists for spending an evening with us
faculty and by Mr. Bruce Cumming of Hettema Saba Valuato share their knowledge and insights. Events like the Career
tion Advisory Services, who serves as the University Liaison for
Forum provide students and faculty with a critical marketplace
the Appraisal Institute. Our distinguished group of panelists
perspective, and provide the margin of excellence needed to
included Mr. Dan Ceilley of Stephan, Cole and Associates, Nadistinguish our programs. This is particularly important as we
than Chouinard, also with Stephan, Cole and Associates, Mr.
anticipate the launch of our real estate major in the Fall semesMichael Jonas of Integra Realty Resources, Mr. David Lemonde
ter of 2013. For information on the new major, as well as our
of Lemonde Valuation Services, Mr. Carlton Lloyd of Integra
existing minor, contact Professor Ken Lusht (klusht@fgcu.edu)
Realty Resources, and Ms. Rachel Zucchi of RKL Appraisal and
or Professor Shelton Weeks (sweeks@fgcu.edu).
Consulting. We are particularly proud of the fact that Mr. Chouinard, Mr. Ceilley, and Ms. Zucchi are FGCU graduates.
Lutgert Exchange • The Quarterly Newsletter of the Lutgert College of Business
Page 1
From Dean
the
It is hard to believe that 2012-2013 marks a decade since the Lutgert College of Business
(LCOB) was initially granted AACSB accreditation. As we move into summer 2012, I want to
take this opportunity to thank everyone, past and present, for the effort put into moving the
LCOB forward. The last academic year, AY 2011-2012 was an important one for us as it marked
the year of our AACSB self-study. The draft report will be completed this summer, with the
goal of having it reviewed and finalized by late October 2012. We hope to have the chair of
our accreditation committee come to our campus in late September or early October 2012 for a
preliminary visit and discussions with faculty and the LCOB leadership.
Unlike the initial accreditation visit, AACSB reaffirmation focuses on continuous improvement. Therefore, an overriding focus of the February 2013 visit will be the extent to which we have, in relation to the various standards, been
able to improve our operations over the last ten years. Ahead of the site visit, the Team therefore starts by reviewing
our last self-study report, our intermediate/annual reports and our latest self-study report. Our goal will be to demonstrate that we have, over time, systematically monitored and improved our processes or introduced new process
where applicable. As we develop plans for the upcoming academic year, 2012-2013, it is important to remember that
those will also be included in the review process.
Over the last few years, the level of state funding has being steadily declining. The University has moved from being
state supported (more than 50% funding received directly from the state) to being state assisted (a majority of the
funding derived from student tuition). This continues to place tremendous pressure on how we conduct business. In
this environment faculty and administrators are expected to continue to improve processes and services to students
with fewer resources.
Given the scope of risks associated with dwindling resources and the need for continuous improvement, colleges
of business must monitor the changing landscape, assess emerging risks, and determine the tools and approaches
required to remain relevant and effective. A key element of this is that leadership must address emerging risks rather
than rest on the college’s laurels and believe that the college is owed resources simply because of its successes.
In the context of today’s economic environment risk management is not a mere academic pursuit and must be connected to strategic decision making and timely action. Risk assessment requires an evaluation of the core enterprise.
For the LCOB this means making timely identification of the key factors related to continuous improvement:
• What are we really about – that is, what is our core business;
• Attention to process orientation – what are we doing and how best should we do it and measure and control
quality; and
• How best can we fund the core business of the College in the face of declining support from the State?
During the coming year, it is my intention to engage our stakeholders, internal and external, in a conversation centered around the notion of continuous improvement and the development of strategies for preserving and growing what we do best. This, no doubt, will involve questions about every facet of our operation. It will require us to
explore questions related to what we are doing or ought to be doing, and how best to fund the initiatives we seek to
undertake. These are indeed extraordinary times. The decisions we make in the next twelve months will help shape
to LCOB for the next ten years. I am confident that we are up to the task. Together we can write the history of the
LCOB’s next ten years that will be as bright as the last fifteen years.
Sincerely,
Hudson Rogers, DBA
Dean, Lutgert College of Business
Lutgert Exchange • The Quarterly Newsletter of the Lutgert College of Business
Page 2
IN THIS ISSUE
Students Inducted Into Honor Society . . . . . . . . . . . . . . . . . . . . . . 3
International Students For Liberty Conference . . . . . . . . . . . . . . . . . 4
Research You Can Use . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4
Faculty, Staff and Student Awards . . . . . . . . . . . . . . . . . . . . . . . . 5
Regional Economic Research Institute News . . . . . . . . . . . . . . . . . . 5
Kudos . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6-7
Real Estate Investment Society Scholarships . . . . . . . . . . . . . . . . . . . 8
Noted Speaker Addresses Students . . . . . . . . . . . . . . . . . . . . . . . 8
SBDC News and Events . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9
Alumni Highlights . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10-11
Students Inducted Into Honor Society
Each year, the top ten percent of students in AACSB accredited business schools are invited to join Beta Gamma Sigma, the
National Business Honor Society. During the spring semester,
Florida Gulf Coast University’s Lutgert College of Business recognized these outstanding scholars by inviting them to join. A
tapping ceremony was conducted in business classes. Seventy one
undergraduate and graduate students were honored and recognized during their classes and presented with an official letter of
invitation. Dr. Hudson Rogers, Dean of the College of Business
and Dr. Ronald L. Coccari, Chapter Advisor took part in these
tapping ceremonies.
Founded in 1913, Beta Gamma Sigma is an international honor
society that provides the highest recognition to business students
anywhere in the world. In order to qualify, a business school must
be accredited by AACSB International (The Association to Advance Collegiate Schools of Business). The Lutgert College of
Business Administration at FGCU is accredited by AACSB and
is part of an elite group of schools (only 22% of the business
schools in the U.S.) to receive this certification.
The mission of Beta Gamma Sigma is to encourage and honor
Jeffrey Aaron
Allison Bacigalupi
Jean-Charles Dervieux
Chetankumar Dihenia
Tatiana Gust
Ann Jones
Darina Nikolov
Mary Rice
Paul Sikkenga
Melanie Thomas
Brent Ely
Jennifer Garcia
Laura Linchenat
Kelsey Markovich
Rachel McFalls
Melissa Narzissenfeld
Tessa Ostertag
Jilian Simon-Bower
Deida Valladares
Erin Will
academic achievement in the study
of business, to
foster
personal
and professional
excellence, to advance the values
of the Society, and
to serve its lifelong L to R – Beta Gamma Sigma Faculty Advimembers. One of sor Dr. Ron Coccari, Dean Hudson Rogits key objectives is
ers, and Darina Nikolov, MBA
to foster in members an enduring commitment to the founding principles and
values of the Society: honor and integrity, pursuit of wisdom,
and earnestness.
The Lutgert College of Business welcomed these deserving students as lifetime members in Beta Gamma Sigma during the 2012
Spring Induction Ceremony which was held on Friday, April 20th
at 5:30 pm in Lutgert Hall. Students and their family or friends
celebrated this event. The following 49 undergraduate and graduate students were inducted into Beta Gamma Sigma:
Anita Ash
Bogdan Blach
Irina Fedina
Stephanie Finck
Sarah Fitzsimmons
Scott Fraser
Mara Gamble
Derek Gilbert
Alexander Gleason
Susan Grattan
James Greer
Ashley Jankowski
Brittany Lamb
Valerie Luciani
Tracy Meiners
Ryan Miller
Clayton Moore
Marina Nassif
Viet Thaison Nguyen
Chadwick Nykiel
Eric Pateidl
Jake Proudfoot
Mariela Roman
Alexey Sednev
Mayahr Shriati
Joshua Siegel
Maria Sloboda
Cole Watkins
Jesse Winslow
Congratulations to all!
Lutgert Exchange • The Quarterly Newsletter of the Lutgert College of Business
Page 3
International Students For Liberty Conference
participating university at the conference.
Eagles for Liberty represented the LuThe students and faculty participated in
tgert College of Business (LCOB)
at the fifth annual International Stuthree days of breakout sessions on topics
such as: “What is Austrian Economics”,
dents For Liberty Conference. Twenty-four students and faculty traveled
“Austro-Virginian Political Economy”
and, “Knowledge Problems and Market
to Washington D.C. to participate in
Solutions.” With a total of 57 breakout
seminars at the Grand Hyatt Hotel during the weekend of February 17-19.
sessions available, participants collaborated with over 1,000 attendees from all
Keynote speakers included Peter Thiel,
co-founder of PayPal, as
well as a special live taping
of the STOSSEL show with
conference attendees. During the special live taping of
the STOSSEL show Eagles
for Liberty President Stephanie Cifuentes appeared on
live TV questioning the panel of guest speakers on the
effects of the “entitlement
mentality” on freedom.
Eagles for Liberty were the
largest contingent of any LCOB Faculty and Students at Students for Liberty Conference
over the world to discuss the ideas of
freedom, liberty and free markets. Students also had the opportunity to speak
with representatives from national proliberty organizations that had exhibits
at the conference. The knowledge and
friendships gained from attending the
International Students For Liberty Conference will assist students as they continue to pursue their passion for liberty.
FGCU student Stephanie Cifuentes
Research You Can Use
Faculty scholarship is critical to the LCOB’s mission and strategic
plan. In this column, recent faculty research that may be of interest or use to readers is summarized. This month, Dr. Carrie Kerekes summarizes the research for which she won the 2011-2012
Lutgert College of Business’ Best Paper Award.
For more than two hundred years, individuals have pondered the
question of why some countries are rich while others are poor.
Research and interest in economic development has dramatically
increased over the past several decades. Explanations for poverty
range from factors such as geography and climate to culture and
attitudes. Solutions to eradicate poverty are likewise on opposite
ends of the spectrum. While some economists view free markets
and institutions that secure property rights as fundamental for
growth; others advocate government intervention and increases
in foreign aid.
Dr. Kerekes’ current research examines the role of institutions
in economic development, with an emphasis on private property
rights. She recently published a paper, “Securing Private Property:
Formal versus Informal Institutions”, in the Journal of Law and
Economics (August 2011, Vol. 52, No. 2) with coauthor Claudia
Williamson of New York University. Their paper examines
how secure property rights are
achieved using advanced statistical methods that establish
causality.
The paper distinguishes between formal and informal
mechanisms that secure private property. Formal mechaDr. Carrie Kerekes
nisms include government
rules and methods of enforcement, such as constitutions and
public courts. Informal mechanisms capture privately devised
constraints that secure property, such as norms, attitudes, and beliefs. Kerekes and Williamson find that once both measures are
included in the analysis, the impact of formal constraints is greatly
diminished, while informal constraints are highly significant. This
paper is an important contribution because current development
policies focus on formal institutions to promote growth, while
this research suggests that informal mechanisms may be more
important.
Lutgert Exchange • The Quarterly Newsletter of the Lutgert College of Business
Page 4
Faculty, Staff and
Student Awards
Through development activities in 2008, Dean Emeritus Richard Pegnetter and former Interim Dean Howard Finch established the LCOB
Excellence Fund. The College held its first awards ceremony on April
19, 2012. During that ceremony, staff and faculty were recognized
for excellence with a plaque and $1,000.00 professional development
funding for 2012-2013. Several students were also recognized for excellence.
After breakfast in the Lutgert Hall atrium, Dean Hudson Rogers presented the following awards:
• Outstanding Undergraduate Student – Ms. Stephanie Cifuentes
• Outstanding Graduate Student – Ms. Megan Clipse
• Distinguished Staff Award – Ms. Sigrid Davidson
• Distinguished Teaching Award – Ms. Jackie Conrecode
• Best Paper Award – Dr. Carrie Kerekes
Melissa Narzissenfeld with Jesse Bouchard
The inaugural Glenn and Angela Black (Northwestern Mutual) Scholarship was then awarded to Ms. Melissa Narzissenfeld by Jesse Bouchard on behalf of the Blacks. Ms. Narzissenfeld, a member of the FGCU
Women’s tennis team, is a Management major, concentrating in Sports
Management and will receive $1,000.00 during the 2012-2013 academic year.
Applications and nominations for awards were vetted by LCOB committees.
Sigrid Davidson with Hudson Rogers
Regional Economic Research Institute News
The April 2012 Horizon Council FGCU
Executive Business Climate Survey was
completed and provided some good
news for the overall local economy. The
overall economic outlook index improved
from 66 in January 2012 to 69 in April.
Business leaders continue to be cautious
and identified key challenges for the next
year including the need to hire a qualified
workforce, control costs, expand markets,
create growth, finance hurdles, regulatory
limitations, and incorporate new technology. The report is available on our website: www.FGCU/COB/RERI.
Work continues on the RERI spon-
sored research project to summarize the
2010 Census information on the role of
women in Southwest Florida. The project is sponsored by The Womens Fund
of Southwest Florida with a report is to
be complete this summer. Four student
research associates are assisting with the
project.
RERI develops a monthly report, Southwest Florida Regional Economic Report,
that provides a commentary on the national and regional economies. It includes 28 charts showing trends for our
local economy. The report is available on
www.FGCU/COB/RERI.
Lutgert Exchange • The Quarterly Newsletter of the Lutgert College of Business
Dr. Gary Jackson, Director of the Regional Economic Research Institute (RERI),
was a guest speaker for the Harry Chapin
Food Bank advisory group and the Lee
County Commission. Dr. Jackson also
attended a quarterly regional economic
roundtable in West Palm Beach to discuss
current economic trends with a group of
business economists from South Florida.
The institute currently has four student
research associates who gain experience
working on the various research projects
and reports.
Page 5
Kudos
Peer Reviewed Journals
Travis Jones and Howard Finch (2012). Time Decay Anomalies in S&P 500 Index Options, Journal of Index Investing, Summer
2012.
Daniel Borgia, Arthur Rubens, and Travis Jones (2012). Using Reverse Mergers to take Chinese Companies Public on U.S.
Securities Markets: The Case of China AutoStar, Journal of Financial Education, Vol.28, No.1/2.
Gerry Segal and Stephen Drew. A service-learning consulting project for undergraduate business sustainability education.
Journal of Sustainability and Green Business (in press).
Raj Srivastava,T. Clottey and W.C. Benton (2012). “Forecasting Product Returns for Remanufacturing Operations”, Decision Sciences, Vol. 43 , No. 4 (forthcoming).
Hulya (Julie) Yazici (2012). Buyer perceptions on the buyer-supplier collaborative relationship and performance: a service
example, International Journal of Services and Operations Management, 12(2), 165-187.
Conferences
Raymond Placid, Shelton Weeks and Wayne Cecil, “Real Property Cost Segregation: A Case Study”, presented at the
American Real Estate Society 28th annual meeting, St. Petersburg, FL, 2012.
Raj Srivastava and W.C. Benton, “A Comparison of External and Internal GPOs in Healthcare”, presented at the POMS
National Meeting, Chicago, April 2012.
Shelton Weeks, Stephen Fraser, and Howard Finch (2012). “The Impact of Insurance Availability on Residential Property
Values”, presented at the American Real Estate Society 28th annual meeting, St. Petersburg, FL.
Raj Srivastava and Elias Kirche, “Real-Time versus Batch Order Management Policies in an Integrated Supply Chain”, presented at the POMS National Meeting, Chicago, April 2012.
Raj Srivastava ,“Measurement and Assessment of Learning”, presented at the Forty-second National DSI Conference, Boston,
November 2011.
Dean Stansel, “An Economic Freedom Index for U.S. Metropolitan Areas,” “Measuring Industrial Diversity in U.S. Metropolitan
Areas,” and “Eminent Domain and Tax Revenue Growth” (with Carrie Kerekes), Association of Private Enterprise Education,
37th Annual International Conference, Las Vegas, April 1-3, 2012.
Raj Srivastava and Elias Kirche, “Order Management with Renegotiated Customer Due Dates and Penalty Costs in an
Integrated Supply Chain”, Proceedings of the Forty-second National DSI Conference, Boston, November 2011.
Raj Srivastava, A. Agarwal, and V. Jayaraman, “Minimizing Risk in Emergency Response Service Operations with Multiple
Types of Equipment”, presented at the POMS National Meeting, Chicago, April 2012.
Lutgert Exchange • The Quarterly Newsletter of the Lutgert College of Business
Page 6
Kudos continued
Awards, Honors and Appointments
Dr. Ken Lusht received the Richard Ratcliff Award from the American Real Estate Society in recognition of
his singular and innovative stream of research in the area of valuation at the society’s 28th Annual Meeting in
April in St. Petersburg, FL.
Dr. Raj Srivastava, Professor of Operations Management, was appointed for a three year term to the
Committee for Development of Excellence in Decision Sciences by the Decision Sciences Institute board.
Suzanne Specht, SBDC Assistant Director was named one of 29 most powerful women in SW FL by
Gulfshore Business magazine.
Suzanne Specht
Faculty in the News
Dr. Shelton Weeks, Lucas Professor of Real Estate, is quoted in a Naples Daily News article (April 3. 2012) on the southwest
Florida economy (http://www.naplesnews.com/news/2012/apr/03/economy-boomed-red-light-loomed-horizon-lighthouse/).
Dr. Dean Stansel, Associate Professor of Economics, was recently interviewed on economic freedom and other economic
policy issues on three radio stations in West Virginia (Martinsburg, Parkersburg, and Charleston). He also continues to appear as
a regular weekly guest on the Bob Harden Show in Naples (internet radio, http://www.bobharden.com/) on Friday mornings.
Lutgert Exchange • The Quarterly Newsletter of the Lutgert College of Business
Page 7
Real Estate Investment Society Scholarships
The Real Estate Investment Society (REIS) awarded scholarships
to three FGCU students. REIS awarded its annual Paul Sands
Memorial – REIS Scholarship to finance major Charles Shiels.
FGCU MBA student Andres Boral and engineering student Misael Garcia and Ave Maria marketing major Nate Sehgal also received scholarships. Each scholarship provides $1,000 toward
tuition and books.
In addition, each scholar receives honorary membership in REIS
for one year where they may attend meetings on a complimentary basis. “We welcome these outstanding scholars to join us,
to learn about the area’s commercial real estate industry, and develop relationships with members of the business community,”
explained REIS President Kim Donnelly. “The REIS scholarship
programs represent our commitment to our profession and our
community. We support student interest in business by providing financial assistance for their higher education and welcoming
them to participate in our meetings and educational programs.
Our goal is to promote the professionalism of our future business leaders and thereby the economic vitality of our community.”
Applicants for REIS scholarships must be graduates of a South-
L to R: Matt Simmons, Kim Donnelly and Lisa Sands of the Real Estate
Investment Society; Nitin (Nate) Sehgal of Ave Maria University, Misael
Garcia, Charles Shiels, and Andres Boral of Florida Gulf Coast University;
and FGCU Trustee Doug St. Cerny.
west Florida high school, have completed the freshman year of
college, and be business majors. Students interested in applying
for scholarships may do so by contacting the Financial Aid and
Scholarship Office (FASO) of Florida Gulf Coast University.
Qualified applicants are reviewed by the university scholarship
committee and the REIS Board of Governors.
Noted Speaker Addresses Students
In conjunction with Dr. Steve Fraser’s Security Analysis class, the
Lucas Institute for Real Estate Development and Finance hosted a
special lecture on March 27th by Dr. Stuart Schweitzer, the Managing Director and Global Markets Strategist for JPMorgan Private
Bank and JPMorgan Asset Management. He is responsible for analysis of global financial markets and economies with an emphasis
on asset allocation and market strategy. He is a senior voice of the
firm on the economy, investment outlook, and portfolio strategy
and a frequent speaker at investment conferences, a frequent guest
on CNBC, Bloomberg TV, and PBS Nightly Business Report, and
is quoted regularly in the Financial Times, Wall Street Journal and
other business periodicals. Dr. Schweitzer holds a Ph.D. in Economics from the University of Minnesota.
The lecture was open to all finance majors.
Left to Right: Dr. Fraser, Dr. Schweitzer, Dr. Travis Jones, Dean
Hudson Rogers, Dr. Shelton Weeks
Lutgert Exchange • The Quarterly Newsletter of the Lutgert College of Business
Page 8
SBDC News and Events
SBDC at FGCU kicked off National Small Business Week May 20-25th with several
celebrations throughout the five county areas, including receiving several proclamations
from various city, county and state officials.
• National Small Business Week Kick-off: Over 100 small business owners helped
the SBDC and Small Business Resource Network kick-off National Small Business
Week with a mini tradeshow and networking event on May 17th at the Hilton Garden Inn- Airport.
• Distinguished Entrepreneur of the Year Awards Dinner May 23rd The Small
Business Development Center hosted a sellout event to honor local small business
owners and entrepreneurs at the Inaugural Distinguished Entrepreneur of the Year
Awards Dinner, May 23 at FGCU Cohen Center. Carl Gould author of The 7
Stages of Small Business Success was the featured speaker. Visit www.sbdcawards.
com for award winners and photos.
• Small Business Appreciation Luncheon May 24th SBDC Glades County certified
business analyst, Janice Groves, celebrated Small Business Week with a mini tradeshow and luncheon, to honor the two small businesses that were nominated for the
Distinguished Entrepreneur of the Year Awards. Community leaders were also
invited to take part by presenting a proclamation.
Amanda Stirn, SBDC business analyst, Cape
Coral Office
Community Outreach
• SBDC and Department of Environmental Services (DEP) held a half day workshop for small business owners to build awareness with the DEP and other governmental agencies for a friendlier business environment. Attendees also toured FGCU solar
fields.
• Mille Class certified business consultant and MBE coordinator, held a two hour workshop in Cape Coral to assist minority business how to get their minority certification.
• Julio Estremera, certified business analyst, held a two-hour workshop with Cape
City leaders discussing issues facing small business owners. This roundtable is an
excellent way to keep open dialog between city and the SBDC.
• Dan Regelski, Director of the SBDC was a featured panelist at two Above Board
Chamber luncheon meetings speaking to over 40 business leaders in the community.
• Susanne Specht, Assistant Director, addressed the Catholic Chamber of Commerce
membership about the SBDC’s services and programs that are available to small
business owners.
Milestones
• Harry Looknanan, Jr., certified business analyst, attended the Governor’s Conference on Hurricane preparedness. Governor Scott spoke at the conference which
was attended by over 1000 emergency management operations personal, fire districts and other emergency personal.
• Trish Leonard, SBDC Marketing - Community Outreach Director, has completed
the ten-week Kaufmann Foundation FastTrac program, sponsored by Wells Fargo
and Naples Chamber of Commerce.
• Amanda Stirn was hired as the new certified business analyst for the SBDC Cape
Coral Office.
Lutgert Exchange • The Quarterly Newsletter of the Lutgert College of Business
Julio Estremera, SBDS business analyst
Page 9
FGCU Alumni Association
Learn the latest FGCU Alumni news.
Receive @FGCU Updates when
you update your e-mail online at
www.fgcu.edu/alumni.
Stay Connected at:
alumnirelations@fgcu.edu | www.fgcu.edu/alumni | (239) 590-1087
Alumni Highlights:
Wedding, engagements and births
Jesse Bouchard, (Marketing, 2007), and Victoria Coppard have announced their engagement. They will be getting married in April. Bouchard is the operations manager for Northwestern Mutual Financial Network: The Glenn Black Group in Fort Myers.
K. Jacob Hutchings, (Finance, 2007), and Lindsay (Fritz) Hutchings, (Marketing, 2007),
had a daughter, Delaney Grace Hutchings, on October 23. Hutchings is an associate appraiser
at Maxwell & Hendry Valuation Services, Inc. The family lives in Fort Myers.
Darina Nikolov (MBA, 2012) and husband Teo had a son Boyan Nikolov on May 30. Darina
is the Office Manager for the SBDC at LCOB.
Boyan Nikolov
Newsmakers
Kevin Gaffney, (Accounting, 2001), is celebrating his business, KPG Accounting Services,
Inc. 10 year anniversary.
Braxton Rhone, (Management, 2006), was appointed by Governor Rick Scott to the District Board of Trustees at Edison State College. Rhone is a financial advisor at Merrill Lynch.
Shane Drake, CPA (Master’s, Accounting and Taxation, 2010), is employed with
Wilshire, Whitley, Richardson and English in Fort Myers. He recently received The American
Institute of CPA’s 2010 Elijah Watt Sells Award. It is presented to candidates who obtained the
10 highest cumulative scores on all four sections of the computerized Uniform CPA Examination. Nineteen accountants were recognized. These candidates completed testing during 2010
and passed each exam section on their first attempt. More than 103,000 candidates sat for the
exam in 2010.
Lutgert Exchange • The Quarterly Newsletter of the Lutgert College of Business
Shane Drake
Page 10
Alumni Association Calendar
For a complete listing of events and details, please visit www.fgcu.edu/alumni
Summer Soiree
Thursday, June 14 | 6 p.m. 475 Seagate Drive Naples, FL
The Waldorf Astoria Naples has created a special area for us to celebrate the beginning of summer and you’re invited. Alumni and friends will enjoy an evening of networking while sampling a selection of delicious appetizers at the Chill Out Lounge. Be sure to bring your
business card for a chance to win Eagle prizes.
Eagles at the Ballpark
Saturday, August 4 | 7:10 p.m. | Tropicana Field, 1 Tropicana Dr, St. Petersburg
Celebrate summer in full swing as the Tampa Bay Rays take on the Baltimore Orioles. Tickets are available at a discounted rate.
Day of National Service
Saturday, August 4 | 7:10 p.m. | Tropicana Field, 1 Tropicana Dr, St. Petersburg
Celebrate summer in full swing as the Tampa Bay Rays take on the Baltimore Orioles. Tickets are available at a discounted rate.
Day of National Service
Saturday, August 25| 9:00 a.m. | Barefoot Beach
Local alumni, students, faculty/staff and community members will be kicking off FGCU Week of Welcome with a beach cleanup.Volunteers are needed to help maintain this area. Materials and drinks will be provided.
Dollars for FGCU Scholars
Saturday, September 15 | 6:00 p.m. | Beacon Bowl, 5400 Tamiami Trl, Naples
Have a ball bowling for a good cause at the sixth annual fundraiser benefiting the Alumni Association Scholarship Fund. Register a team of
five or sign up as an individual for an evening of glow bowling, fun, food and Eagle giveaways. Members are invited to a behind-the-scenes
tour of Beacon Bowl. Companies interested in sponsoring a lane may call (239) 590-1087.
Lutgert Exchange • The Quarterly Newsletter of the Lutgert College of Business
Page 11
Undergraduate Programs of Study
Bachelor of Science in
Business Administration
Majors
Accounting
Computer Information Systems
Economics
Finance
Management
Marketing
Graduate Programs of Study
Master of
Business Administration
Concentrations
Finance
General Management
Information Systems
Marketing
Interdisciplinary
Master of Science
Accounting and Taxation
Computer Information Systems
Lutgert
College of Business
Contact Us
Lutgert College of Business
http://www.fgcu.edu/cob
239.590.7308
Lutgert Exchange
Managing Editor: Judy Wynekoop
Graphic Designer: Bob Klein
Contributors:
Ron Coccari
Barbara Gray
Brad Hobbs
Gary Jackson
Phil Josberger
Carrie Kerekes
Trish Leonard
Rosemary Meza
Ara Volkan
Shelton Weeks
Kimberly Williams
Please contribute to the Lutgert Exchange
by sending your articles and news items
to jwynekoo@fgcu.edu. Deadline for the
next issue is September 1.
Lutgert Exchange • The Quarterly Newsletter of the Lutgert College of Business
Page 12