MizzouBusiness A magazine for alumni and friends of the University of Missouri Trulaske College of Business • 2009-10 At the Intersection of Theory and Practice: Professional Development in the Trulaske College of Business p. 5 WELCOME Alumni and friends of MU’s Trulaske College of Business, “Our college prides itself on being at the intersection of rigorous academic programs and extensive contact with the business world. We believe this intersection represents the distinctive hallmark of an MU business and accounting education.” 1 2 4 5 3 6 ON THE COVER 1 J.T. Tiller, a student in the college, is a standout on and off the court. 2 A s part of Tigers on Wall Street, alumnus Harvey Eisen arranged for students to meet with Jamie Dimon, CEO and chairman of JPMorgan Chase. 3 Gov. Jay Nixon gave the keynote address at the Davenport Society banquet. 4 During a four-week study abroad program in China, students learned about Asian business culture and practices and also visited the Great Wall. 5 MU alumnus David Herzog, EVP and CFO of AIG, spoke at the college and provided some “perspectives on the financial crisis.” 6 Rukhmini (Ruku) Pandhare, along with 26 other undergraduate and MBA students, went to Omaha for a Q&A session with Warren Buffett. After thinking about the college’s and my future, I informed Chancellor Brady Deaton and Provost Brian Foster on October 9 that at the end of summer 2010, I will conclude my service as dean. At that time, I will have completed 20 years in the role of dean of MU’s business school. I am not retiring, but will transition to be a marketing faculty member. In my new role, I will strive to help my successor get off to a strong start, teach some courses, work with students outside the classroom, and carry out special projects. Several reasons underlie my decision. I want the transition to occur when the Trulaske College is strong and making progress. Also, I need more time for personal activities and responsibilities. Finally, I think the college will benefit from new leadership with regards to vision, ideas, and a different voice talking to stakeholders. I believe the college has made remarkable progress during the past two decades. The size of the college, in terms of enrollments, has increased substantially, and the quality of both “people and programs” and “bricks and mortar” has been enhanced markedly. We – emphasis on we – can be very proud of the many dimensions of Mizzou’s business school, including: »» Top-caliber faculty, staff, and students, »» A high level of research productivity by faculty members and PhD students, »» Rigorous, forward-looking degree programs, »» Wide-ranging, outside-the-classroom professional-development activities for students, »» A remarkably high level of engagement of alumni and business firms in the college’s educational and professional-development activities, »» Educational services that units of the college provide to the business community, »» Our college’s home, the world-class Cornell Hall, and »» The extraordinary generosity of donors, without which the college could not build and sustain excellence in accounting and business education. We can also be very proud and grateful that our college is graced with the name of Robert J. Trulaske, Sr. I know I speak for everyone associated with MU’s business school in saying that we are very appreciative of the ongoing support provided by Geraldine Trulaske and her family. Accomplishments during my time as dean have been the result of a fantastic team effort. During the past nineteen-plus years, the college surely has benefited from the efforts and support of faculty and staff members, students, alumni, generous donors, business partners, campus-level administrators, and certainly my wife Pam. Thanks to everyone who has helped the college fulfill its mission, especially with regards to how well our students are being served. The search for my successor is now underway; check the college’s website for particulars. The goal is to have a new dean in place by the start of fall semester. Meantime, I have much to do, including personally saying thanks to as many of you as possible. It has truly been a privilege to serve as dean of the Trulaske College of Business. I appreciate very much your support of Mizzou’s business school and of me personally. Gratefully, Bruce J. Walker Lansford Professor of Leadership and Dean MizzouBusiness A magazine for alumni and friends of the University of Missouri Trulaske College of Business • 2009-10 MizzouBusiness is published by the University of Missouri Robert J. Trulaske, Sr. College of Business, 408 Cornell Hall Columbia, MO 65211. Contents Please contact the Office of Advancement with any questions regarding MizzouBusiness. Phone: 573-882-6768 Fax: 573-884-1675 E-mail: mizzoubiz@missouri.edu Web site: business.missouri.edu Dean Bruce Walker Lansford Professor of Leadership College Updates Executive Director of Advancement Tom O’Neal Feature Managing Editor Laura Harris Contributing Writers Nadia Afifi Teressa Gilbreath Vicki Hodder Photography Tony Brown Mike Haggas Shahn Hogan L.G. Patterson, Recess, Inc. Design Printing Services 2800 Maguire Blvd. University of Missouri Columbia, Missouri 65211-3230 © Copyright 2010 University of Missouri Robert J. Trulaske, Sr. College of Business. All rights reserved. AACSB accreditation represents the highest standard of achievement for business schools worldwide. Institutions that earn accreditation confirm their commitment to quality and continuous improvement through a rigorous and comprehensive peer review. 2 5 Advisory Board 10 The Herbert J. Davenport Society Crosby MBA Program 22 Student News 26 Alumni News 29 Alumni Profiles 32 Class Notes 36 In Memoriam 38 Faculty News 20 16 COLLEGE UPDATES Staff Updates Development Director Receives MU Excellence in Education Award Mike Haggas, a director of development in the Trulaske College of Business, was awarded a 2009 Excellence in Education award. The honor is presented by the Division of Student Affairs to recognize faculty members, advisors, and administrators who have made significant contributions to the outside-the-classroom learning experiences of MU students. As a member of the college’s advancement staff, Haggas facilitates various activities that contribute to the breadth and quality of students’ educational experiences. For example, he developed a relationship with alumnus Bill Caldwell who – with Haggas’ encouragement – provided funds for the college’s new Professional Development Program (PDP). Other activities and programs have directly benefitted from Haggas’ efforts, such as students’ field trips to Wall Street and Dallas/Ft. Worth. St. Louis Executive Named Director of Smith Institute of Real Estate Joe Hegger joined the college as director of the Jeffrey E. Smith Institute of Real Estate in November 2008. Hegger succeeded the institute’s first director, Sam Goldman, who retired. The institute’s mission is to provide educational opportunities in real estate to students of the college and 2 MizzouBusiness to real-estate professionals. Hegger was employed by the commercial real estate firm of Colliers Turley Martin Tucker in St. for 18 years. Most recently, as a principal and senior VP of the firm, he supervised the Corporate Operations Group. In addition, Hegger was responsible for the operation of the Real Estate Management Services Group, the largest third-party provider of management services in the central U.S. Hegger received his BS BA degree from MU, and maintained strong ties to the college by serving on the Crosby MBA Program Advisory Board and previously on the college’s Strategic Planning Team. In April 2009, Hegger was appointed to the Real Estate Industry Council of the Federal Reserve Bank of St. Louis. MBA Career Services Hires Assistant Director In June, Susan Douglas became the assistant director of MBA Career Services in the Crosby MBA Program. She oversees MBA operations in the Business Career Services office, career planning programs, and facilitates professional opportunities for MBA students by serving as a liaison with corporate employers. Previously, Douglas ran recruitment planning and processes for the Edward Jones Company in St. Louis. Subsequently, she was promoted to manager of hiring, training, and development, leading a team that coordinated global recruiting and hiring programs for 11,000 branch locations. Sue earned a BS BA degree in management and organizational behavior from the University of Missouri-St. Louis (UMSL) and then an MBA degree at Webster University. She has been involved with UMSL as an advisory committee member and as a mentor for female students in its business school. New Director Leads Vasey Academy Marvin Burns, a Trulaske College of Business senior academic advisor, is the college’s first director of the Vasey Academy. Previously, the academy was led by the coordinator of student diversity. Burns officially took the academy’s helm on Oct. 1, while continuing to serve as an advisor. Having joined the college as an academic advisor in 2006, he has been helping organize and run Vasey Academy programs since 2007. “There’s always a need to encourage and motivate goodquality students—regardless of color—to pursue specific areas of business and specific business opportunities,” Burns said. “I believe wholeheartedly this is one way to do it.” Burns has sought to recruit and inspire minority students through several educational programs over the years. In 2008, he helped launch a weeklong summer program for high school minority students called the Trulaske Business Academy, and he currently serves as lead coordinator for the Trulaske Business Ambassadors as well as acts as an advisor to the Black Business Students Association. Previously, Burns was a graduate research assistant and the recruiter for the College of Agriculture, Food and Natural Resources from 2003-2006. He was also a graduate assis- tant with Academic Retention Services from 2005-2006 for the Map Program and the Summer Transition Program. He graduated with a bachelor’s degree in environmental science from Alabama A&M University and a master’s degree in agricultural education from Mizzou. As director, Burns plans to reach out to alumni of the program with the hope of encouraging them to become involved with current students. Feedback from academy graduates also would help determine how the academy’s programming has affected the lives of the students. The college established the Vasey Academy in 1997 to expose minority freshmen and sophomores to business career paths and opportunities. Funded by donations from Roger and Sandy Vasey, the program provides $1,000 scholarships and has introduced more than 530 minority students to the business world through an introductory lecture course, seminars, and corporate visits. Mary Beth Marrs, the assistant dean for undergraduate programs and strategic initiatives, said program growth and increased student interest prompted college administrators to hire a director for the academy. Burns won the post due to his proven commitment, ideas and “contagious enthusiasm,” she said. The Vasey Academy also will receive support from Susan Klusmeier, an academic advisor and the college’s coordinator of student diversity. Klusmeier will help teach academy courses, while developing diversity programs that support the academy’s goals, Marrs said. Study Abroad PRAGUE ITALY CHINA Italy: The four-week program in Italy with more than 60 participating students, was held at the University of Bergamo about 20 miles east of Milan. A truly cross-cultural experience, classes for MU and Italian students and were taught by American and European professors. China: Jen Moore and Connor Kasser show their enthusiasm for the Study Abroad program at the Great Wall. In addition to some amazing site seeing, students also visited multiple Chinese and international companies to better understand how business is conducted in China. Prague: Prachovske scaly, or Czech Paradise, is a protected area located outside of Prague. Hiking up the rock formations and to the tops of the large hills allowed the group to see a panoramic view of the Czech landscape. Mack Arrives in Cornell Hall A gift from Harry and Ann Cornell to the college, Mack is a cast bronze tiger sculpture created by North Carolina artist Steven Bennett. Named in honor of business school alumnus and benefactor Harry Mack Cornell (BS BA ’50, LLD ’03), the sculpture arrived on the MU campus in February 2008. After making his first public appearance during the college’s Honors Luncheon in April 2008, Mack was placed on a new artistic base and was permanently installed earlier this year in the foyer outside the Bush Auditorium in Cornell Hall. The base, created by Carthage, Mo. artistan Larry Glaze, was crafted from the trunk of a 400 year-old Osage orange tree that was a survivor of the 1861 Battle of Carthage and includes a cannonball from the battle embedded in the wood. Honor Roll Trulaske College of Business Awards Outstanding Staff Service Award Dewey Thompson Senior Business Trainer and Consultant Missouri Training Institute Michael Holden Director of Technology Services Professional Leadership Activities and Awards Member, Conference Planning Committee and Panelist Graduate Business Student Services Association’s National Conference Graduate, University of Missouri System’s Administrative Leadership Development Program Robyn Ridgway Director of Advising and Student Services Crosby MBA Program Robert J. Trulaske, Sr. College of Business University of Missouri business.missouri.edu 3 COLLEGE UPDATES Accountancy Alumnus Establishes Forensic Accounting and Fraud Examination Speaker Series Jim Ratley, president of the Association of Certified Fraud Examiners, spoke at the inaugural Dawdy Lecture Series. MU alumnus Jay Dawdy (BS Acc ’89) has provided funding for a new lecture series that focuses on forensic accounting and fraud examination. The new lecture series coincides with the School of Accountancy’s courses in fraud detection and accounting analysis. The periodic lectures augment the classroom experience by creating an opportunity for accountancy students and faculty members to collaborate with professionals. “Bringing these professionals to campus exposes our students to the intricacies of the profession and the options for future careers in the field,” Vairam Arunachalam, director of the School of Accountancy said. “The opportunity to complement our program with this commitment to engage guest speakers in the area of forensic accounting and fraud examination greatly benefits our students.” The School of Accountancy and Dawdy invited Jim Ratley, president of the Association of Certified Fraud Examiners (ACFE), to be the speaker at the inaugural lecture this fall. At least three will be scheduled each year. In conjunction with the speaker series, the School of Accountancy is also plan- ning to establish a student chapter of the ACFE. “The MU School of Accountancy has a great reputation. Providing added resources to enhance the forensic accounting and fraud examination focus is necessary to maintain its excellence,” said Dawdy, a certified fraud examiner, certified management accountant, experienced fraud investigator, and president of Gryphon Investigations in New York. “Forensic accounting and fraud examination comprise a growing profession. The need for students to gain an understanding of our industry is critical, and this speaker series is another way to help prepare them for their careers. It also presents an opportunity for other MU accountancy alumni in the profession to come back to campus and collaborate with these talented students.” Rankings Recap Undergraduate Program • Ranked among America’s Best Colleges 2010 by U.S. News & World Report at #48, placing it in the top 5% of undergraduate programs in the U.S. BUSINESS WEEK • Moved up from #84 to #74 in BusinessWeek • #33 among public universities, fourth among Big 12 business schools • Operations management specialty ranked #10 • Marketing specialty ranked #6 4 MizzouBusiness School of Accountancy • Graduate (master’s) and doctoral programs both nationally ranked in the top 20 by Public Accounting Report (2009 Annual Professors survey). • Accountancy is No. 9 in the nation in faculty research productivity according to Academic Analytics. Crosby MBA Program • Ranked among America’s Best Graduate Schools 2010 by U.S. News & World Report at #55, placing it in the top 15% of all AACSB-accredited MBA programs. • Ranked in the top 15 for marketing concentration in The Princeton Review’s “Student Opinion Honors for Business Schools.” Department of Management • Ranked #43 in a study published in the Journal of Management (2008) for research productivity and citations, placing it in the top 3% of more than 1,600 institutions analyzed worldwide. • Two management faculty members, Tom Dougherty and Rick Johnson, identified as a top-150 author based on the number of citations received for articles published during specific time periods within the study. At the Intersection of Theory and Practice: Students were hosted at the headquarters of BNSF in Dallas by alumnus Matt Rose, chairman, president and CEO. Professional Development at the Trulaske College of Business H ow many undergraduate business students have numerous chances during a semester to personally ask a question of a top corporate executive or a successful entrepreneur? Or have received mentoring by an alumnus? Or have the opportunity to learn about leadership skills directly from business leaders? Students in the MU Trulaske College of Business do. Indeed, the college is committed to preparing students for their future by providing them with many, diverse opportunities for professional development. Ed Rapp, group president at Caterpiller, spoke to a packed audience in Bush Auditorium at a Schram Lecture in International Business. Robert J. Trulaske, Sr. College of Business University of Missouri business.missouri.edu 5 At the Intersection of Theory and Practice: The corporate visit to AT&T headquarters, which was arranged by MU alumnus Cindy Brinkley and hosted by Mark Kiehl (BS BA ’83), included this “photo op” and the chance to interact with executives. Underpinnings of Excellence Three years ago, the college surveyed alumni, students, and recruiters to obtain their perceptions and opinions about the educational experience provided in business and accountancy. The responses showed that alumni and students believe the education furnished by MU’s business school is rigorous and comprehensive. This view is not limited to those who have an affiliation with the college, either. In peer evaluations, such as reported in U.S. News & World Report, the college is held in high esteem. Out of approximately 1,400 undergraduate business programs in the United States, the college BS BA program ranks in the top 5 percent in the nation (see page 4). “The education I have received at MU has been challenging and thorough, and provided me with the necessary tools to be successful during my internship,” says Brenna Noble, a senior in finance and banking. Noble completed an internship at Goldman Sachs in New York City during summer 2009. So why is professional development important if students are already learning what they need to know about business and accounting? The answer is found in the mission of the Trulaske College of Business, which in part is to “prepare our students to succeed in the world of business.” All of the initiatives related to professional development are part of that preparation, which not only seeks to provide students with a competitive advantage in their searches for a post-graduation job but also with the ability to be effective right away with a new employer. This combination of academic rigor and out-of-the-classroom experiences is powerful, effective, and distinctive. Students have myriad opportunities to take part in professional development activities that will enhance their educational experience. Many of these activities are elective and, while they may include an application process, students choose whether or not to participate. The list is long, including being a member of Student Council, taking part in a study abroad program, joining the Flegel Academy of Aspiring Entrepreneurs, or being in the Cornell Leadership Program. These programs are in-depth and highly beneficial, but none of them are mandatory. The Transition from Campus to Business World As of fall semester 2008, however, all incoming business students are required to participate in a new Professional Development Program (PDP) in order to graduate. By 2012, all of the nearly 4,000 business undergraduates will participate in the PDP. The Trulaske College’s Professional Development Program was launched using funds provided by business alumnus, Bill Caldwell (BS BA ‘56). It has been expanded through a grant from the Strategic Priorities Fund, which was created following the naming gift made by Mrs. Robert J. Trulaske, Sr. to the college. Dean Bruce Walker believes the PDP is a vital component in the preparation of students for success in their careers. “In the classroom, students gain valuable, essential knowledge about the world of business,” Walker says. “But we also want to assure that students develop professional skills, acquire needed values, and apply the knowledge gained in courses prior to graduation.” Six specific competencies needed to succeed in the business world are the program’s focal points. These competencies focus on managing both businesses and people, and skills such as building and executing business plans, communication, leading and motivating others, and selfmanagement. “The education I have received at MU has been challenging and thorough, and provided me with the necessary tools to be successful during my internship...” 6 MizzouBusiness PROFESSIONAL DEVELOPMENT AT THE TRULASKE COLLEGE OF BUSINESS Tell Me, Show Me… and Then I’ll Show You “Asking a Fortune 500 CEO about leadership was a rare glimpse into the characteristics of a successful business executive.” “Besides describing and developing competencies, the course discusses a way of thinking in order to develop a professional mindset prior to starting a post-graduation job.” A student can either complete an internship with a business firm or, individually or as a member of a team, carry out a service learning project for a non-profit organization. The PDP consists of three components: 1 Lectures and workshops Attending lectures and workshops each semester to obtain added knowledge about business trends, issues, and practices. Students can choose from an array of outsidethe-classroom activities in order to meet this requirement. Examples include Speakers Series talks, a résumé preparation workshop, and business etiquette events. The Speaker Series features a mix of executives, entrepreneurs, and government officials. Recent speakers have included retired Sen. Paul Sarbanes and David Novak, chairman and CEO of YUM! Brands, Inc. After reading Novak’s book, The Education of an Accidental CEO, students had the opportunity to ask him questions. Kyle Cleeton, a student participating in the forum with Novak, commented, “Asking a Fortune 500 CEO about leadership was a rare glimpse into the characteristics of a successful business executive.” 2 Professional development course Taking a professional development course to strengthen skills such as leadership, networking, and time management. Once students are admitted to the upper level as juniors or seniors in business, they will be automatically enrolled in the professional development course. This new class focuses on professional competencies as well as many facets of the job search process and the transition from being a student to being a professional following graduation. While the emphasis in this course may appear to be on practical experience, Daniel Turban, chair of the Department of Management, emphasizes the conceptual approach embedded in the course content. “Besides describing and developing competencies, the course discusses a way of thinking in order to develop a professional mindset prior to starting a post-graduation job,” said Turban. “We’re trying to prepare students to succeed by equipping them with values and skills, and knowledge of course, which we believe are prerequisites for success in the business world.” 3 INTERNSHIP Participating in an internship to apply business knowledge and sharpen professional skills. After students complete the professional development course, they are ready to tackle a full-scale internship. A student can either complete an internship with a business firm or, individually or as a member of a team, carry out a service learning project for a non-profit organization. “Our intent with the practicum is that students develop or polish their abilities to communicate effectively with others, conduct themselves in a professional manner, and, most importantly, apply knowledge and practice skills in the context of an actual company or social-service organization,” said Lynsie Steinley, PDP director. “We believe the required professional development program will differentiate our students in a very favorable way…They should be well prepared to succeed in their professional careers and their personal lives as well.” Robert J. Trulaske, Sr. College of Business University of Missouri business.missouri.edu 7 At the Intersection of Theory and Practice: Voices of Experience The college’s alumni, as well as corporate recruiters, have endorsed and supported the creation of the PDP. They were particularly enthusiastic about the potential of the PDP to enhance the educational experience for students by providing them with more real-world exposure. Some alumni and recruiters even shared best practices from the career development programs in their own companies. Barbara Kieffer, a 1987 MU alumna working as a senior manager in Boeing’s learning, training, and development organization, provided a list of competencies that Boeing recruiters look for when assessing prospective hires. The list includes effective team building skills, business acumen, and an ability to manage diverse people. Input such as this was critical in the development of the set of competencies covered in the PDP. Feedback from recruiters and students also validates the PDP concept. “The college’s long-standing emphasis on professional development has made a noticeable difference in how Mizzou students interact with recruiters and then their new employers,” said Claudia Coleman, a recruiter and director of network operations at AT&T. “The added emphasis to professional development should be very beneficial for both students and employers.” A Distinct Competitive Advantage Most collegiate business schools in the U.S. pay attention to professional development of students, albeit to differing degrees. The Trulaske College of Business believes that the amount and type of attention it pays to professional development is distinctive, if not unique, among business schools. Distinguishing features are the breadth and depth of activities and the fact that it is mandatory, i.e. a requirement for graduation, for all business undergraduates. “This program requires me to get out of my comfort zone and start preparing for my future,” said Katie Abbet, who was part of the inaugural PDP class. “Through listening to first-hand advice from visiting speakers to participating in the professional workshops, I am more confident of my abilities. Overall, I have grown not only as a student but also as a person, and I think I’m better prepared for the business world.” As employers expect a wider range of skills and competencies from new graduates who join their organizations, the college’s challenging, innovative professional development program and other outside-the-classroom activities provide soon-to-be graduates with experiences not found elsewhere. As a result, new graduates will not have to build a bridge between what they learned in the classroom and what is expected and required in the business world. Instead, Trulaske College graduates should be able to begin contributing to their new employers sooner rather than later. ALUMNI CAN HELP Alumni are important in making the PDP successful. How can you be involved? »»Lead a Life Skills Presentation »»Be a panelist in the professional development course »»Provide an internship Contact: Lynsie Steinley, Director Professional Development Program 573-884-2007 mubuspdp@missouri.edu 8 MizzouBusiness PROFESSIONAL DEVELOPMENT AT THE TRULASKE COLLEGE OF BUSINESS Behind the scenes: PDP staff After serving as assistant director of the college’s Business Career Services Office, Lynsie Steinley became the inaugural director of the Professional Development Program (PDP). As director, she manages PDP programming and oversees the tracking system to ensure that students are meeting the necessary requirements. Steinley also focuses on maintaining strong relationships with hiring companies and organizations to help identify internship opportunities. An MU graduate with a BA degree in psychology, Steinley also earned a master’s degree in human resource management from the University of Illinois-Champaign. She is an active member of the Society of Human Resources Management and the National Association of Colleges and Employers (NACE). She came to MU from Anheuser-Busch, where she was a corporate recruiter. Rebecca Wolfe joined the PDP team recently as coordinator of career planning and placement. In this role, she assists in arranging practicum opportunities for students seeking a BS BA degree. Wolfe will also promote the external visibility of the PDP to corporate and community partners. Wolfe, who graduated from MU with dual BA degrees in communication and psychology, has a background in student services. She started her career as an academic coordinator in the MU Total Person Program for student athletes. Most recently, Wolfe was a campus-level development officer. Mizzou Tigers to Cities Program New York City, Dallas/Ft. Worth, Omaha, St. Louis, Kansas City, and Carthage. What do these cities have in common? Many students in the Trulaske College of Business have the opportunity to go to one or more of these cities to learn about leading companies and to hear the perspectives of executives and business owners. For example, during 2009 Trulaske College students visited JPMorgan Chase and AIG in New York City; Burlington Northern Santa Fe in Ft. Worth; Berkshire Hathaway in Omaha; Scottrade, True Manufacturing, and Nestle Purina in the St. Louis area; Hallmark, Cerner Corp., and YRC Worldwide in the Kansas City area; and Leggett & Platt in Carthage, Mo. Although vastly different, all of these companies are vital to the economies of our state and/or nation. In addition, they allow students to observe and learn about different industries as well as wide-ranging business challenges, opportunities, approaches, and practices. Not only do students tour companies’ facilities, but they have an opportunity to interact with executives, some of whom are alumni of the college. Trips also may incorporate a job shadow component, special Q&A sessions, or lunch, such as when students went to Piccolo Pete’s in Omaha with Warren Buffett. A field trip, one type of professional development experience, provides Trulaske College students with insights about the business world while also giving them a chance connect with potential employers. Professional Development in Missouri’s MBA Program The college’s Crosby MBA Program launched its Professional Development Seminar as well as two consulting courses nearly 10 years ago. All MBA students are required to engage in a variety of activities, including career planning, community service, international language partnerships, and meetings with business executives from a range of industries. Many Crosby MBA students also have the opportunity to participate in graduate assistantships, which provide real-world experience along with a stipend and tuition waivers in most cases. For example, a Crosby MBA student team developed comprehensive training plans for Subways of Central Missouri in order to ensure service and quality were maintained during a planned expansion. The team evaluated the labor market and made recommendations for concise, effective training that could be implemented by the employees and managers. This set of developmental activities helps MBA students develop vital skills, ranging from how to thoughtfully and respectfully ask questions to how to analyze unstructured problems. Through professional development experiences, they acquire positive values and favorable habits that prepare them for the world beyond the Mizzou campus. As a result, Crosby MBA graduates join their new employers as well-rounded professionals. If your organization could benefit from a project carried out by a student consulting team, please contact Gregg Martin, associate teaching professor of management, at martingd@missouri.edu for more information. Robert J. Trulaske, Sr. College of Business University of Missouri business.missouri.edu 9 Advisory Boards Enhance Academic Excellence through Alumni Involvement The Making Me Marketable (MMM) conference included a session on identifying career opportunities and the skills needed to find employment. As part of MMM, a panel of business executives took questions from students. More than 150 students gathered in Cornell Hall on a Friday morning last October, signing in and sitting down for a continental breakfast. Joining them were business executives and employees from more than 25 companies, including Anheuser-Busch, Hallmark Cards, and Target. Breakfast was followed by skill-building sessions, a networking luncheon, and the chance for students to explore career opportunities – all part of an annual event called Making Me Marketable that is one of the Department of Marketing Advisory Board’s main activities. “Part of the board’s role is to provide feedback and guidance on what sessions are worthwhile and what needs to be changed,” said Srinivasan “Ratti” Ratneshwar, chair of the Department of Marketing. Many board members also participate in the event, interacting with and providing guidance to students. The Making Me Marketable Conference is just one of many examples of how the Trulaske College of Business’ advisory boards contribute to the educational and professional development of business students. The boards enable alumni and friends of the college to provide advice and enhance a variety of programs. 10 MizzouBusiness The Strategic Development Board (SDB) assists the dean in three ways: providing advice about academic matters based on members’ business experience and expertise; advocating on behalf of the college with outside parties (e.g., MU leadership); and assisting with financial development. According to Dean Walker, “The SDB, as well as the other boards, is vital to the continued strengthening and ongoing success of the college. The members’ collective efforts have been abundant and effective.” Advisory boards also exist for all four of the college’s academic units, as well as for the Crosby MBA Program; the Smith Institute of Real Estate; the Business Career Services Office; and the Vasey Academy, which is focused on exposing minority students to opportunities in the world of business. In addition, the Recent Alumni Advisory Board provides relatively recent graduates a way to remain engaged with and advise the Trulaske College. Besides providing input about curriculum, all of the boards assist with a variety of initiatives ranging from internships to mentoring programs. The college benefits greatly from the involvement of many dedicated supporters. We would like to recognize the efforts of advisory board members, as we highlight one project from each board. Strategic Development Board Current project Helping to sustain the college’s quality and momentum. “As an alumnus of MU and a member of the SDB for 19 years, I think I can speak for my fellow members about our involvement with the college. Executive members of the SDB are tightly linked to the world of business and also to Mizzou and especially to Trulaske College students. Dean Walker has involved the SDB in many aspects of the college, which is gratifying to members and, I think, beneficial to the college. For example, we assisted in securing approval and then funding for a new building for MU’s business school. Cornell Hall is a point of pride for all of us. Other SDB activities have included participating in strategic planning, assisting with MBA program enhancements, raising money for scholarships and programs, and teaching and mentoring the college’s terrific students. In addition, SDB members and spouses have become good friends. All in all, it has been a great ride.” Ralph Clark, IBM Corp. (retired), Sanibel, Florida School of Accountancy Advisory Board Current project The members of the Smith Institute of Real Estate Advisory Board are dedicated to providing a high-caliber annual forum. The 2009 event included a presentation by Ronald Pressman, president and CEO of GE Real Estate. Crosby MBA Program Advisory Board Current project Assessment of eight-week module courses “The MBA Advisory Board has worked closely with Business Career Services and other parts of the college to implement steps that expand collaboration with companies throughout the region. This corporate collaboration ultimately increases awareness of the Crosby MBA Program and the likelihood of successful job placement for graduating MBA students.” Andrew Slusher, YRC Worldwide, Inc., Overland Park, Kan. Department of Finance Advisory Board Team-taught course “Serving on the School of Accountancy’s advisory board provides me an excellent opportunity to stay current with matters facing Mizzou students and faculty members while also re-connecting with old friends and colleagues. The board includes outstanding representatives from many areas of the business community. All are committed to the goal of continuing to build on the strong tradition of top-flight accounting students graduating from Mizzou.” Mike Hickenbotham, Ernst & Young, St. Louis, Mo. Current project Annual Business Address with guest speaker “I have enjoyed meeting fellow MU alums who are interested in the Department of Finance and are willing to support it in various ways. In addition, I appreciate the departmental update we get at each meeting. I also value the opportunity to talk with other advisory board members who are in my field of commercial real estate between FAB meetings; we have even referred potential business back and forth. I have also enjoyed being a Professor-for-a-Day and having direct contact with students.” Susan Smith, Centerline Capital Group, Overland Park, Kan. Robert J. Trulaske, Sr. College of Business University of Missouri business.missouri.edu 11 ADVISORY BOARDS Department of Management Advisory Board Vasey Academy Advisory Board Current project Current project Expansion of new student mentorship program Developing alumni outreach “My motivation to become an advisory board member was to work closely with the college to communicate the desires of the business world with regard to skills and experiences needed from graduates. As a human resources professional, I have found that MU provides some of the finest individuals for the future of successful businesses.” Melody Marcks, Boone County National Bank, Columbia, Mo. “I have stayed involved because the college’s staff takes our input seriously and, whenever possible, acts on it. This leads to a high-quality program with strong students who will become great interns and associates.” Rashel Kelly, Cerner Corporation, Kansas City, Mo. Department of Marketing Advisory Board Current project Making Me Marketable Conference Business Career Services Advisory Board Current project Identify additional internship opportunities to help students meet Professional Development Program internship requirement “I like interacting with the students and letting them know that they really can have great careers in business. I enjoy letting them know that I was sitting in a classroom in 1978 just like they are, and I have had professional opportunities during my career that I never would have imagined at the time.” Donald Meyer, St. Louis Regional Chamber and Growth Association, St. Louis, Mo. “I find it very rewarding to serve on an advisory board as an avenue to give back to Mizzou, my alma mater. As a professional in the business world, it is reassuring to me to see the business school, particularly the Career Services team, reach out to the business community on behalf of Trulaske College students.” Shann Sievers, Missouri Employers Mutual, Columbia, Mo. Jeffrey E. Smith Institute of Real Estate Advisory Board Current project Current project Assistance in producing an annual Real Estate Forum “As a business school graduate with an emphasis in real estate, I want to help in any way possible to continue to improve the student’s education and exposure to the real estate industry. In that regard, I’m particularly excited to see the increasing commitment to the institute.” Brian Ungles, Colliers Turley Martin Tucker, St. Louis, Mo. 12 MizzouBusiness Recent Alumni Advisory Board (RAAB) Provide guidance and feedback with regard to the new Professional Development Program “RAAB provides an avenue for recent graduates to have an impact on current and future students. For me, joining this board gave me a way to stay in touch with all the great things that are going on at Mizzou and the Trulaske College of Business and, along with other RAAB members, make suggestions regarding possible enhancements.” Jonathan Jarvis, AT&T, Chicago, Ill. Advisory Board Members STRATEGIC DEVELOPMENT BOARD Ronald Ashworth Chairman of the Board Sisters of Mercy Health System St. Louis, Mo. Malcolm (Mick) Aslin Former CEO Gold Banc Corporation Kansas City, Mo. Stuart Bascomb Chairman and CEO QualSight, Inc. Chicago, Ill. Cynthia Brinkley Senior Vice PresidentTalent Development and Chief Diversity Officer AT&T Dallas, Texas Mark Burkhart President and CEO Colliers Turley Martin Tucker St. Louis, Mo. Jack Bush Chairman Raintree Partners Dallas, Texas Gerald Carlson Managing Partner KPMG St. Louis, Mo. Harvey Eisen Chairman Bedford Oak Advisors, LLC Mount Kisco, N.Y. William Little President Quam-Nichols Company Chicago, Ill. Anne Raymond Managing Director Crow Holdings Dallas, Texas Mark Feldman Managing Partner (retired) BKD, LLP St. Louis, Mo. Mary Beth Marrs Assistant Dean for Undergraduate Programs and Strategic Initiatives Trulaske College of Business Columbia, Mo. Dan Schuppan President MBS Textbook Exchange Columbia, Mo. Matthew Flanigan Senior Vice President and CFO Leggett and Platt Carthage, Mo. Leslie Flegel Partner, Co-Managing Director The Huck Group Naples, Fla. Gregory Garrison Managing Partner – U.S. Operations PricewaterhouseCoopers New York, N.Y. Sam Hamacher President Harbour Group Industries St. Louis, Mo. David Herzog Executive Vice President and CFO American International Group New York, N.Y. Susan Cejka Managing Partner Grant Cooper & Associates St. Louis, Mo. John Howe Professor of Finance and Missouri Bankers Chair Trulaske College of Business Columbia, Mo. Ralph Clark Vice President (retired) IBM Corporation Sanibel Island, Fla. Glenda Kemple President Kemple Capital, LLC Dallas, Texas Harry Cornell, Jr. Chairman Emeritus Leggett and Platt Carthage, Mo. William Linnenbringer Senior Client Service Partner (retired) PricewaterhouseCoopers St. Louis, Mo. Duncan Matteson Chairman The Matteson Companies Redwood City, Calif. Mark Meierhoffer Principal Meierhoffer Business Advisors Leawood, Kan. Andy Miller Partner Ernst & Young Clayton, Mo. David Moore President and CEO Shelter Insurance Companies Columbia, Mo. David O’Neal, Jr. President First San Francisco Corporation Hillsborough, Calif. Tom O’Neal Executive Director of Advancement Trulaske College of Business Columbia, Mo. Chad Smith Executive Director Morgan Stanley Chicago, Ill. Jeffrey Smith Founder and President JES Holdings, LLC Columbia, Mo. Lynsie Steinley Director of Professional Development Trulaske College of Business Columbia, Mo. Roger Vasey Executive Vice President (retired) Merrill Lynch & Company Greenwich, Conn. Bruce Walker Lansford Professor and Dean Trulaske College of Business Columbia, Mo. Don Walsworth CEO Walsworth Publishing Company Marceline, Mo. Scott Picker Partner Deloitte & Touche Kansas City, Mo. Edward Rapp Group President Caterpillar, Inc. Peoria, Ill. Robert J. Trulaske, Sr. College of Business University of Missouri business.missouri.edu 13 ADVISORY BOARDS SCHOOL OF ACCOUNTANCY Beth Adair CooperVision Inc. Kevin Boyer Ernst & Young LLP Lori Caster Schnucks Markets, Inc. Jeffrey Comotto Anheuser Busch Companies Julie Cubbage Colliers Turley Martin Tucker Jay Dawdy Gryphon Investigations Robert Duckworth Deloitte Jeff Gray PricewaterhouseCoopers William Hancock CBIZ/Mayer Hoffman McCann Mike Hart Isle of Capri Casinos, Inc. Steven Hays RubinBrown FrederickHelfrich BKD Michael Hickenbotham Ernst & Young David Johnson Maxus Properties, Inc. Nikki Krawitz University of Missouri System Jack Lay Reinsurance Group of America, Inc. Brett Lewis Grant Thornton Joseph Maloney KPMG Robert Maus Monsanto Company James Morris KPMG David Myers The Whitlock Co. Randy Oberdiek BKD Janine Orf Patriot Coal Jon Poulin Cannon Wright Blount Brad Richmond Darden Greg Rottjakob Deloitte Russ Starr Williams-Keepers Steve Sutton University of Central Florida 14 MizzouBusiness Marilyn Tromans Blue Cross & Blue Shield of KC Paul Vogel Argos Partners, LLC CROSBY MBA PROGRAM Gene Bates Electrorep Energy Products Lance Beshore Leggett & Platt Timothy Cassilly Emerson Motors and Appliance Components Dana Chamblee Accenture Jim Cooper Thompson Street Capital Partners, LLC Emily Detwiler Daymon Worldwide Jennifer Fischer Resource Strategies, Inc. Steven Fox Quest Capital Alliance Ronald Frazier CIBER, Inc. Thomas Granneman Ralcorp Holdings Inc. José Gutiérrez AT&T Operations, Inc. Jacqueline Kelly University of Missouri System Rhiana Luaders Bryan Cave, LLP Brandon Mann Colliers Turley Martin Tucker Cathe Pence Starbucks Coffee Company Matt Ronken Nestle Purina Petcare Randy Sebastian US AGBank Terry Shelton Pharmion Corporation (retired) David Sides Cerner UK Ltd Andrew Slusher YRC Worldwide, Inc. Jack Sutherland Equity Bank Joseph Vukcevich Silgan Plastics Corporation Douglas Waltman Kansas City Leadership Institute Michael Williamson Empire Bank DEPARTMENT OF FINANCE Bruce Allen MarketSphere Consulting, LLC Bob Bell Steelville Manufacturing Co. Sandra Boillot Marsh Robert Bratcher Bank of America Healthcare & Institutions Christopher Carman Exegy, Inc. Tom Clough FINRA Jeff Davis Perficient Shirley DeJarnette CFA Institute Traci Dodson Fifth Third Bank Charles Edwards Waud Capital Partners, LLC Robert Ehrhart Goldman Sachs Asset Management Kevin Gibbens Landmark Bank Lori Gregory Lewis, Rice, and Fingersh Randall Grigg DecisionPoint International, LLC Steve Hargrave Smith Barney Citigroup Mike Hejna Gundaker Commercial Group Inc. Robert Holmes Private Bank Kevin Howard Charter Communications Katie Hughes Colliers Turley Martin Tucker Steve Kay Kay Concrete Lanny Maness PrintLynx Craig Markham MetLife Curt Morget US Bank Steven Purvis Luther King Capital Management Kenneth Rechtien Telcobuy.com Peter Roman Capgemini Greg Schuster CTMT Susan Smith Centerline Capital Group Scott Ward Draper and Kramer Inc. John Zimmerman Echelon Capital Group DEPARTMENT OF MANAGEMENT Lyle Brizendine Bank of America John Conrad J. D. Conrad & Associates, Inc. James Erbar Erbar Consulting Group Don Fitzgerald Mass Mutual Financial Group Jerry Harman Epsilon Charles Hunter Commerce Bank Barbara Kieffer The Boeing Company Amy Klinge Colliers Turley Martin Tucker Melody Marcks Boone County National Bank Jerome Rader MBS Textbook Exchange, Inc. Douglas Rau Sigma-Aldrich Corporation Daniel Scherder Scherder and Associates Daryl Smith Aramark Corporation Janell Soucie Pittman Meredith Corporation Stacy Wilshusen Anheuser-Busch, Inc. Paul Wright Missouri Department of Education Tricia Zimmer Ferguson Kaldi’s Coffee Roasting Company DEPARTMENT OF MARKETING John Abshear Glaceau VitaminWater Catherine Atkins Awareness Management Systems Ty Bailey Shelter Insurance Companies Robert Baker Dell, Inc. William Bollinger Smith-Bollinger & Company, Inc. Jeff Brandt Maritz Loyalty Marketing John Brase Procter & Gamble Gary Coles University of Missouri Katie Essing General Growth Management, Inc. Mark Johnson Valassis Sales & Marketing Services, Inc. Rajeeve Kaul Cardinal Health Mark Kiehl AT&T Signature Client Accounts Donald Meyer St. Louis Regional Chamber and Growth Association Lisa Montgomery Target Sarah Royalty Tredo Takeda Pharmaceuticals North America Eric Schupp Accredo Health Group Jared Spader Osborn & Barr Kemp Strickler Hallmark Cards Tom Wells, Jr. Leggett & Platt Wade Wheeler State Farm Insurance Companies Mary Wilkerson Boone County National Bank Jeffrey E. Smith Institute of Real Estate Ginger Bryant SARES-REGIS Group of Northern California John Diehl Armstrong Teasdale LLP Jerry Fogel Kessinger/Hunter Daniel Jensen Kessinger/Hunter Bill Linnenbringer PricewaterhouseCoopers (retired) Brian McAuliffe RREEF Otto Maly Maly Commercial Realty, Inc. Barry Mansur Mansur & Co. Jennifer Marler Sonnenschein Nath & Rosenthal LLP O. Bruce Mills Mills Properties, Inc. Naci Napoli St. Louis Title, LLC Scott Picker Deloitte & Touche Joshua Rogers Walmart Stores, Inc Monica Swoboda Jeffrey E. Smith Companies Brian Ungles Colliers, Turley, Martin Tucker Joel Yoest KeyBank VASEY ACADEMY Melissa Amaya INROADS Midwest Region Rashel Kelly Cerner Corporation Mary Beth Marrs Trulaske College of Business Shahzad Qalbani JASHQ Inc. Cassandra Ray St. Louis Zoo Sharisse Summers AT&T Dale Wright Trulaske College of Business BUSINESS CAREER SERVICES Mathew Apodaca Lockton Melissa Azar Edward Jones Shawn Barnes Williams Keepers KC Baugh Ernst & Young Rebekah Bloomer Target Scott Buresh Buckle Kirby Cameron Shelter Insurance Stephen Cox US Cellular Matt Denney Tradebot Lisa Hailstone Monsanto Jan Hester True Manufacturing Charles Hunter Commerce Bank Jim McCarthy Altria Sales & Distributions Stacy Minnick State Farm Mandy Nickell Cerner Corporation Pam Oberdiek Hallmark Patrick Quinn Major Brands Shann Sievers Missouri Employers Mutual Jennifer Shappley Express Scripts Brenda Shipwright Target Scott Snyder Boeing Shannon Spiess Colliers Turley Martin Tucker Brian White Payless ShoeSource Julie Wille Hallmark Matt Wideman Save-A-Lot RECENT ALUMNI ADVISORY BOARD Jon Jarvis AT&T Jennifer Kohlbrecher Cerner Coporation Erica Lindner The Boeing Company Jamie Lunsford Cerner Coporation Jill McIntosh MU College of Engineering Mark Miller Embarq Stacey Nagel Altria Group, Inc. Lainey Puglisi Cerner Coporation Chad Reed PriceWaterhouseCoopers Jason Quinn Ernst & Young Kelly Stewart Sprint Roy Sundermeyer PriceWaterhouseCoopers Greg Westrich Fiduciary Asset Management Lauren Young Freshly Baked Communications Patrick Alfonsi Hallmark Leah Avila Boeing Kristen Basala Rolwes Homes Adam Basala Major Brands, Inc. Alicia Busse CBIZ Michael Cantu U.S. Trust Claudia Coleman AT&T Darin Cox Colliers Turley Martin Tucker Justin Diller Edward Jones Lori Drury Colliers Corporate Solutions Travis Flandermeyer Mass Financial Group Joseph Gauer Morgan Stanley Smith Barney Daniel Grzina The Boeing Company Carrie Halker Marketsphere Katie Hunzinger Abercrombie & Fitch Robert J. Trulaske, Sr. College of Business University of Missouri business.missouri.edu 15 the DAVENPORT SOCIETY “On behalf of the college, I am grateful for the large number of gifts... Private support makes a difference in the lives of both students and faculty members.” Dean Bruce Walker 2008 BANQUET Looking Forward to the Future the year 2008 marked the twentieth anniversary of The Herbert J. Davenport Society in the business school and the successful end of the For All We Call Mizzou capital campaign for the university. Established in 1989, the Society has more than 400 members, and total giving by members is now more than $100 million. The Trulaske College of Business was pleased to report that it surpassed its $70 million campaign goal. Alumni, friends, faculty, staff, and business partners donated more than $83 million to the college since the campaign began in 1999. “On behalf of the college, I am 16 MizzouBusiness grateful for the large number of gifts made to the college during MU’s campaign – and, of course, before it,” says Dean Bruce Walker. “Private support makes a difference in the lives of both students and faculty members.” In this difficult economic climate, private support is extremely important. For example, only 5 percent of all business and accounting students are granted scholarships through the business school, leaving many worthy students without assistance. “Although the college has experienced great success in obtaining private support, the need for funding beyond state support remains,” says Leslie Flegel, chair of the 2009 Davenport Society banquet. “My wife and I established a scholarship in 1996 and, more recently, provided funding for a program that helps students’ develop their interests in entrepreneurship. Thus I have seen how our gifts have benefited many students in the college.” Going forward, the college will continue to focus on increasing the number of Davenport Society members, funding new scholarships, and developing and funding programs that will enhance the Mizzou business and accounting educational experience. The Society is named in honor of the first dean of the college, Herbert J. Davenport, who was known for striving for excellence in all facets of business education. Members of the Society provide support for the Trulaske College of Business through direct contributions and estate gifts. Six levels of recognition are available, starting at gifts of $25,000 that can be paid over five years. IN RECOGNITION 2009 BANQUET The college gratefully acknowledges the involvement of the chairs of the Davenport Society banquets. 2009 Chair Leslie Flegel Partner, Co-Managing Director The Huck Group 3 1 2 4 2008 BANQUET 1 Chuck Stucke (right) established a scholarship as a result of being a recipient of a scholarship that was endowed in 1987 by Chad Smith (left). John Lothman (center) was awarded the first Stucke Family Scholarship last fall. 2 Barbara Slusher holds her Davenport medallion while standing between Dean Walker and Chancellor Deaton. Slusher, one of 26 new members in 2008, established a scholarship in honor of her late husband, Allen Slusher, who was a professor and associate dean in the business school. 2009 BANQUET 3 New members Tracy and Allan Bridgford share an interest in business – and bass fishing – with their student host, Matt Polsky. 4 Gov. Jay Nixon gave the keynote address at the 2009 banquet held on October 23. 2010 Chair Anne Raymond Managing Director Crow Holdings Robert J. Trulaske, Sr. College of Business University of Missouri business.missouri.edu 17 DAVENPORT SOCIETY 2008 New Members Andrew and Sandra Arrick Anthony Bohnert Kevin and Erin Boyer Jeff and Patty Brandt Bradley and Stephanie Buechler Mark and Megan Crouser Steven and Kathy Hays Howard and Rosalyn Jacobson Rodney Jones Randall Kob David and Patti Moore Doug and Sherrie Propeck Brad and Nancy Richmond Matthew and Lisa Rose Greg and Leah Schuster Gary Silberg Alan and Yvonne Skouby Barbara Slusher and Allen Slusher (posthumously) Brian and Lynn Sprick Allen and Joyce Strain Charles and KaisaLeena Stucke Roy Sundermeyer Mark and Rhonda Sweeney David and Katherine Swiney Bess Wells Paris John and Mary Zimmerman Advancing Members Benefactor Level Stuart and Phyllis Bascomb Mark Burkhart Scott and Bobbye Picker Thomas and Mary Granneman Stephen and Joan Harlan David and Elizabeth Hayob Jack and Deborah Lay Selden and Ellen Martin Mark and Kathy Volker Sponsor Level David Forsee and Deanne Stedem L-R Greg Garrison, Leslie Flegel, and Bill Linnenbringer with Chancellor Brady Deaton New members were inducted into the Society at the annual banquet on October 24, 2008. 18 MizzouBusiness 2009 Advancing Members New Members Ronald Adams David and Mary Anderson Vairam and Alagu Arunachalam Mike and Jacqueline Avery Matthew and Mindi Bret Allan and Tracy Bridgford Jay Dawdy Jeffrey Dritley and Sandra Naftzger Phillip and Linda Ellis Stephen and Madonna Ferris Tod and Tracy Hammond C. Gerald and Mary Jane James Bret and Angela Kimes Robert and Leslie Maus Jean McKenzie William Merryfield Steve and Jean Moore David and Jeannie Price Ed and Ann Rapp Woody and Peggy Rash Judson and Cara Snyder Patron Level Leslie and Elynor Flegel Andrew and Denise Miller Benefactor Level Malcolm and Kathy Aslin Mark and Marilyn Feldman F. David and Jacklyn Fowler Gregory and Kathy Garrison Shaun and Kelly Hayes Sponsor Level Philip and Lori Caster James and Stephanie Gegg Robert and Mimi King (posthumously) Robert and Michelle Maher Terrill Menzel and Nancy Valley Richard and Denise Mills Michael and Beth Wiskirchen In keeping with tradition, the 2009 banquet came to a celebratory end with Marching Mizzou, Truman and the MU cheerleaders. The banquet on October 23, 2009 included induction of new members (above) and a talk by Gov. Jay Nixon. Robert J. Trulaske, Sr. College of Business University of Missouri business.missouri.edu 19 CROSBY MBA PROGRAM The 2009 MBA Relay for Life Team raised nearly $1000 for the American Cancer Society. L-R Sara Coe, Alaine Arnott, Elizabeth Roberts, and Laura Rudolphi. MBA students took part in a Chili Cook-off to raise money for the Boys & Girls Club. L-R Shatari Wesson, Yitina Liao, Elliot McClelland, and Keith Abkemeier. The Business of Giving Back MBA Students Receive Recognition for Community Service Despite their often hectic schedules, students in the Crosby MBA Program use their time, skills, and initiative to give back to the community. In fact, during the fall 2009 semester, they participated in more than 200 hours of service. “I think many MBA students like to contribute to something outside of their normal realm of activities,” said Sara Coe, president of the MBA Association. “I’ve also noticed that the larger the number of people who get involved, the more others join in.” Responding to requests from its own members to expand its philan- 20 MizzouBusiness thropic activities, the MBAA significantly increased its community service efforts in the last year. Recent events include cleaning up part of the Hinkson Creek and participating in Moving Ahead, a weekly mentoring program for underprivileged, at-risk youth. The MBAA is also developing a new education program with a non-profit organization for local employees who lack the technological skills needed in today’s work force, providing lessons on software such as Microsoft Excel and PowerPoint. The MBAA received recognition for its philanthropic activities at the 2009 Team MBA Awards conference, an initiative sponsored by the Graduate Management Admission Council. The Crosby Program team was one of several MBA programs acknowledged for its community work during the conference’s awards presentation. “It is just incredible to see so much selfless giving,” said Jeff McMullen, the MBAA’s vice president of philanthropy. “It’s fulfilling to help someone else.” MBA STATS Eight-week MBA Classes Applauded by Students Students entering the MU Crosby MBA Program are top-notch with Graduate Management Admissions Crosby MBA Program students are praising both the variety and the flexibility provided by new eight-week courses. “You have more opportunity with eight-week courses,” said Katie Bibens, a second-year MBA student. “You can get your feet wet in a lot more areas.” The new format for many MBA courses launched in August 2008, splitting and reshaping the MBA program’s 16-week, 3-credit courses into eightweek, 1.5-credit classes. The change was intended to accelerate the pace of some courses and also to allow for new courses that fit well into the shorter timeframe. About one-half of the college’s curriculum remains in the 16week format, said Joe Stephens, director of the Crosby MBA Program. According to Stephens, MBA students gave favorable reviews to the eight-week courses during three focus groups held last March. The participants in the focus groups, about 20 students in total, said the eight-week classes offered them the opportunity to take more classes in a fast-paced environment. A general survey of the entire MBA student body elicited similar comments. MBA students also described the shorter courses as more intense than traditional 16-week classes. It’s a distinction noted with approval by Keith Abkemeier, a second-year MBA student who served as a student representative on the MBA program’s policy committee until he graduated in December. “I enjoyed the new format; it made the class more challenging,” Abkemeier said. The new shorter-length courses also broadened the MBA program’s offerings. Between 2000 and 2008, the program offered about 30 different courses per semester, Stephens said. Since the eight-week format took effect, Stephens said the MBA program has made available an average of 46 courses, several of which are new to the college. “In the past, faculty members may not have had enough material about a particular subject to fill 16 weeks, and therefore would not have proposed a new course,” Stephens said. “With the eight-week format, more and different courses are being offered.” Topics for new courses include data analysis for managers using spreadsheets and marketing engineering, which focuses on statistical approaches to marketing problems. The college offered a course on using the best of popular business literature and another on ethics and standards in financial practice for the first time last spring, Stephens said. “This is a positive change for the MBA program,” Stephens said. “I’m pleased that the feedback about the new format from faculty members and also from students has been positive.” Test (GMAT) scores and undergraduate grade point averages that are higher than ever before. Below is a statistical snapshot of the 106 new students admitted in fall 2009. Average GMAT score 648 Average undergraduate GPA 3.53 Female 40 percent Underrepresented minority 8 percent One year or more work experience 45 percent International 17 percent Robert J. Trulaske, Sr. College of Business University of Missouri business.missouri.edu 21 FACULTY NEWS FACULTY PROFILE: Jere Francis Robert J. Trulaske, Sr. Chair of Accountancy and the college’s first Curators’ Professor “I’ve been international by virtue of my life experiences and long before internationally oriented research came to forefront...” Accountancy Professor’s Approach Reflects International Background Jere Francis, the Robert J. Trulaske, Sr. Chair of Accountancy and the college’s first Curators’ Professor, has a natural inclination to think globally. After earning a doctorate in the faculty of Economic Studies at the University of New England, Francis launched his academic research endeavors during the 1970s while teaching at Deakin University and University of New England, both in Australia. He sustained the global view he acquired during six years of economic research in Australia by attending international conferences such as the European Accounting Association. Francis’ influential research into the effects of auditing and accounting on capital markets and economic decision making bears clear marks of his global perspective. Not only does Francis examine accounting environments in different countries, he 22 MizzouBusiness particularly studies how differences in national legal and regulatory institutions affect the quality of accounting reports. “I’ve been international by virtue of my life experiences and long before internationally oriented research came to forefront,” Francis commented. As director of MU’s doctoral program in accounting, Francis also takes an international approach in the doctoral and master’s courses he teaches. Globalization issues naturally filter into discussion of accounting issues and business strategy in Francis’ master’s capstone course. His doctoral students study the factors that drive quality in accounting and institutional differences that affect international financial environments. “It’s becoming a part of mainstream scholarship,” Francis said. While his academic approach is global, Francis has strong roots in the American Midwest. Born in Creston, Iowa, he worked for two years as an auditor in Minnesota at Haskins and Sells, a legacy firm of the professional services giant Deloitte. Francis served as an assistant professor at MU’s business school between 1983 and 1985 before joining the University of Iowa for several years. Since returning to MU in 1994, Francis has worked to uncover the relationship between the quality of auditing and accounting information and their effects on economic growth. Most recently, Francis co-authored a paper examining whether the quality of accounting information and its dissemination through the media and analysts relates to general economic growth. The paper, published this past fall in the Journal of Accounting Research, reports that a country’s information environment improves growth rates by channeling resources to industries with good growth opportunities and away from those with poorer prospects. Factors like these become more apparent when researchers work with data from more than just one country, Francis explained. “When you look across countries, you can start to understand how systematic differences in institutions and regulatory systems affect accounting practices and the quality of accounting reports,” said Francis. FACULTY PROFILE: Detelina Marinova Assistant professor of marketing “I’m drawn to understanding how people operate in certain organizations...” Marketing Faculty Member Is a “People Person” Detelina Marinova , an assistant professor of marketing in the college since 2007, combines her interest in people with a strong background in statistical analysis to examine how employee psychology can affect a company’s strategic direction and bottom line. “I’m drawn to understanding how people operate in certain organizations,” Marinova said. “I also like to try and figure out peoples’ motivations.” As co-author of a recent Journal of Marketing paper, she studied the ways in which frontline employees – workers in direct contact with customers – can help solve the longstanding conflict between better productivity and consistent quality. That translates into bottom-line advantages, Mari- nova stated. “Frontline autonomy, cohesion, and feedback make a difference between acceptable and excellent customer satisfaction resulting from organizational service quality initiatives” she said. Marinova strives to incorporate such human elements into her teaching, as well. Her undergraduate and graduate level marketing management courses use lessons based in analytical thinking. However, she also teaches her students to consider how personal decisions can affect a product line by using interactive computer programs that respond to their actions to simulate a real marketplace. “I try to combine both elements,” she says. Marinova believes taking both econometric modeling and human psychology into account allows for deeper understanding. It also represents her personal evolution from an interest that was strictly statistical in orientation to one that is more peoplefocused. Born and raised by two physicians in Sofia, Bulgaria, Marinova came to the United States in 1991 to earn a college degree in chemistry. Yet Marinova’s allergies to chemicals steered her toward another field, prompting her to obtain a bachelor’s degree in marketing as well as in chemistry from West Virginia Wesleyan College in 1995. Marinova went on to earn a master’s degree in quantitative analysis and a doctorate in marketing in 1999 from the University of Cincinnati. Prior to joining the Trulaske College faculty, Marinova was an assistant professor of marketing at Case Western Reserve University’s Weatherhead School of Management. Faculty Awards Dougherty Gopalakrishna Scheer Tuggle Yan Distinguished Research Achievement Award Jeffrey E. Smith Summer Scholars Award Jere Francis Curators’ Professor and Robert J. Trulaske, Sr. Chair of Accountancy Jere Francis Sterling Yan Richard G. Miller Professor of Finance Faculty Member of the Year Award (selected by the college’s Student Council) Teacher of the Year (selected by the Kansas City Alumni chapter) Billie Cunningham Associate Teaching Professor of Accountancy Chris Prestigiacomo Associate Teaching Professor of Accountancy Faculty Research Development Award Bruce and Pam Walker Outstanding Faculty Service Award Karen Schnatterly Assistant Professor of Management Richard G. Miller Summer Scholars Award Chris Robert Associate Professor of Management Lisa Scheer Emma S. Hibbs Distinguished Professor of Marketing Shaoming Zou Robert J. Trulaske, Sr. Professor of Marketing Raymond and Mary Ann O’Brien Excellence in Teaching Award Chris Tuggle Assistant Professor of Management Zou Tom Dougherty Emma S. Hibbs/Harry Gunnison Brown Chair of Business and Economics Williams-Keepers Teaching Excellence Awards in Accountancy Inder Khurana KPMG/Joseph A. Silvoso Distinguished Professor Penny Kleen Assistant Teaching Professor of Accountancy Ryan Peterson Doctoral Student Jim Whitworth Doctoral Student Provost Outstanding Junior Faculty Teaching Award John Bennett Associate Teaching Professor of Marketing Shelter Insurance Companies Teaching Excellence Award in Marketing Srinath Gopalakrishna David and Judy O’ Neal MBA Professor of Marketing Robert J. Trulaske, Sr. College of Business University of Missouri business.missouri.edu 23 FACULTY NEWS Mary Beth Marrs Assistant Dean of Undergraduate Programs and Strategic Initiatives Kemper Award David A. West Professor Emeritus of Finance Business Professor Receives Kemper Award Professor West Honored Last April , MU Chancellor Brady Deaton and Commerce Bank Chairman Jim Schatz, along with several faculty and staff members, interrupted a class being taught by Mary Beth Marrs, associate teaching professor of management and the college’s assistant dean of undergraduate programs and strategic initiatives. As soon as she learned why her class was interrupted, she was pleased rather than irritated. During the surprise visit to her classroom, Marrs was told she has earned a William T. Kemper Fellowship for Teaching Excellence in 2009. This award is presented to only five faculty members across the entire MU campus annually. The Fellowship also includes a $10,000 stipend. Marrs, who received her bachelor’s and master’s degrees as well as her doctorate at MU, joined the MU business faculty in 2000 after serving on the faculty at Idaho State University. Marrs primary teaching assignment is operations management. She is known for her commitment to helping students excel in the classroom and have professional-development opportunities outside the classroom. Marrs is the faculty advisor for the Alpha Kappa Psi Professional Business Fraternity and the college’s Student Council, as well as the co-director for the Cornell Leadership Program and co-facilitator for a Freshmen Interest Group. “Professor Marrs demonstrates remarkable energy and talent as a mentor, counselor, and role model for students,” said Tom Dougherty, the Hibbs/Brown Chair of Business and Economics and professor of management. “Students know Mary Beth cares about each individual student. She has spent countless extra hours with students, discussing not only course material, issues and problems, but also discussing their lives as students at Mizzou and their career opportunities.” The William T. Kemper Fellowships for Teaching Excellence were established in 1991 with a $500,000 gift from the Kemper Foundation. A 1926 graduate of MU, Kemper was a well-known civic leader in Kansas City until his death in 1989. His 52-year career in banking included top positions at banks in Missouri, Kansas, and Oklahoma. Commerce Bank manages the trust fund. A portion of Cornell Hall now bears the name of longtime Professor David A. West, who will teach the final course of his 44-year career at the college this spring. The college’s Department of Finance Suite, which includes offices for the department chairman and support staff as well as a conference room, was officially renamed the “Dr. West Finance Suite” last April, said Mike Haggas, development director for the college. The suite’s new name recognizes donations in West’s honor totaling more than $175,000. “I think it’s a very nice gesture,” West said. “I was very much honored.” After joining MU as an associate professor in 1966, West became a full professor in 1969. He served both as director of doctoral finance programs and as department chair during his tenure, garnering research and MU teaching awards along the way. In 2005, West became the college’s Colliers Turley Martin Tucker (CTMT) Scholar, a position that recognizes exceptional finance faculty members. The named position is underwritten by the CTMT commercial real-estate firm. Since his retirement in 2007, West has continued to teach real estate courses on a parttime basis. Upon hearing of West’s retirement, some of his former students conferred to determine how they could honor their professor. In turn, a fund-raising drive was launched to raise funds in honor of West. Alumni donations totaled more than the $150,000 required to name the departmental suite for West, Haggas said. Donor Woody Simmons, a 1979 MU business alumnus now working as Verizon Communications’ VP of governmental affairs in its southeast region, said he welcomed the opportunity to give back to the college that helped him succeed in business. West was a teacher who clearly cared about his students and their success, Simmons said. “He was a tremendous teacher,” Simmons stated. “That type of excellence should be rewarded.” West’s commitment to his students can be seen in his clear recollection of alumni who graduated decades ago. “I remember each one of you from both inside and outside our classrooms in Middlebush, even where you sat in my classes,” West wrote in an e-mail thanking the donors. West said he will “enjoy retired life” in Columbia after he teaches his final Trulaske College of Business course this spring. 24 MizzouBusiness Finance department suite named after longtime faculty member * If you are interested in donating to the Dr. West initiative, please contact Mike Haggas at 573‑882‑6768 or haggasm@missouri.edu. We proudly acknowledge all donors who give more than $1,000 on the college’s Donor Recognition Wall in Cornell Hall. Faculty Highlights John Bennett John Bennett, associate teaching professor of marketing, was reappointed to a threeyear term on the board of directors for the Marketing Management Association. of Melbourne and Bond University, both in Australia, Catholic University in Belgium, HEC Paris School of Management, and was an invited plenary speaker at the International Symposium on Audit Research held at Maastricht University in Holland. Jim Cali, adjunct instructor in accounting, was elected to the board of directors of the National Forensic Science Technology Center. Todd Chiles, associate professor of management, was invited to present his research to the PhD seminar in entrepreneurship, Lundquist College of Business, University of Oregon. The title of his presentation was “Austrian Economics in Entrepreneurship Research.” Billie Cunningham, associate teaching professor of accountancy, was the keynote and plenary-session speaker at the Maryville Billie Cunningham University Scholarship of Teaching and Learning Seminar. The title of her presentation was “Well, That Didn’t Work…” Dave Farber, assistant professor of accountancy, was appointed to the editorial advisory and review board of The Accounting Review. Dave Farber Jere Francis, Curators’ Professor and Robert J. Trulaske, Sr. Chair of Accountancy, presented papers at research conferences Jere Francis sponsored by the journals Contemporary Accounting Research and Journal of Accounting and Economics. In addition, Professor Francis made invited research presentations at University Elaine Mauldin tion (AAA). Elaine Mauldin, BKD Professor in Accountancy, served a one-year term as president of the Information Systems Section of the American Accounting Associa- Jenice PratherKinsey, associate professor of accountancy, spoke about international financial reporting standards at Jenice Pratherboth Temple UniverKinsey sity in Philadelphia, Pa. and the Missouri Association of Accounting Educators Conference in Osage Beach, Mo. Ratti Ratneshwar, Bailey K. Howard World Book Chair in Marketing, was invited to join the editorial review board of the Journal of MarRatti Ratneshwar keting. For the fifth consecutive year, he spent a week as a visiting professor at the University of Mannheim, Germany. He also served on the faculty at the 44th AMA Sheth Foundation Doctoral Consortium, hosted by Georgia State University. Bruce Walker, Lansford Professor of Leadership and Dean, was selected to serve on the first Tax Increment Financing Commission for the City Bruce Walker of Columbia. The commission is charged with reviewing applications for TIF and submitting recommendations to the City Council. Accountancy Faculty Members Awarded Named Positions Three faculty members in the School of Accountancy have been appointed to named positions in recognition of their teaching and research contributions. Named positions reward exceptional faculty members with both prestige and financial backing, providing additional salary and other resources for professional development. Inder Khurana, professor of accountancy, received the KPMG/Joseph A. Silvoso Distinguished Professorship. An award-winning researcher and teacher, Khurana examines financial reporting and auditing with a focus on the role of accounting rules and auditing across countries. Previously, Khurana held the Deloitte Professorship. Ken Shaw, associate professor of accountancy, received the Deloitte Professorship. Shaw teaches financial accounting, and focuses his research on such aspects of financial accounting as financial disclosures, market microstructure, and corporate governance. Patrick Wheeler, associate professor of accountancy, received the CBIZ/ Mayer Hoffman McCann(MHM) Scholar position. Besides teaching accounting information systems, Wheeler conducts research about behavioral issues related to information systems such as the impact computer aids have on business decision making. Robert J. Trulaske, Sr. College of Business University of Missouri business.missouri.edu 25 STUDENT NEWS “The Trulaske College of Business really is helping give me a sense of direction in my career goals...”—J.T. Tiller “I am fortunate to be in the business school’s Cornell Leadership Program and the Flegel Academy of Aspiring Entrepreneurs.”— Kelsey Meyer Photos courtesy of Mizzou Athletics Media Relations While Mizzou sports fans cheer the athletic feats of many Trulaske College of Business students, the academic achievements of the business school’s nearly 110 student-athletes have drawn a different type of applause. Trulaske College student-athletes have earned various scholastic honors such as membership on the Big 12 Conference’s all-academic teams. Student-athletes credit MU’s business school and faculty members for providing the guidance and the opportunities they need to excel off as well as on the field or court. For example, upon 26 MizzouBusiness receiving a Scholar-Athlete Award from the National Football Foundation, Trulaske College student, now alumnus, Chase Daniel, stated, “I’m grateful for the opportunities I’ve been given here at Mizzou. We have a world-class business school with incredible professors.” Here are the perspectives of other Trulaske College student-athletes as well as a recap of some of the honors they have earned for athletic and/or academic performance. BARROWS COX HAMILTON MELNYCHUK Michael Barrows Track and Field 2nd Year MBA Selected Honors ✭✭ First-Team Academic All-Big 12, 2009 ✭✭ Big 12 Commissioner’s Honor Roll, 2009 ✭✭ Academic All American, 2009 ✭✭ All Big 12, 2009 “The Trulaske College of Business has given me the skills and knowledge I need to feel confident about my future.” I’m most inspired by: Barbara Downey, associate teaching professor in management. “She made classes enjoyable, and ensured that everyone not only learned the material but would retain it for the future.” lauren Cox Swimming and Diving Senior In Marketing Selected Honors ✭✭ Big 12 Commissioner’s Honor Roll, 2009 “I have found the academic advisors in the Trulaske College to be very helpful in guiding my course selection over the last few years. I also used their help in establishing my study-abroad program and my summer internship.” I’m most inspired by: Sue Yun Fowler, former coordinator of diversity programs and academic advisor. She “helped me reach all my collegiate academic goals and instilled a passion in me for my future business career.” LEVI HAMILTON Football Senior in Management Selected Honors ✭✭ Big 12 Commissioner’s Honor Roll, 2008 “The Trulaske College has definitely helped me define a more solid path with regards to what I want to do in my future. I no longer feel like I’m just going through college to get it done; I’m doing something positive and am involved in areas that truly interest me.” I’m most inspired by: Wayne Keene, adjunct instructor in marketing. “He kept me thinking and interested.” KENDRA MELNYCHUK Swimming and Diving Senior in Marketing Selected Honors ✭✭ First-Team Academic All-Big 12, 2009 ✭✭ Big 12 Commissioner’s Honor Roll, 2009 “The best part about the Trulaske College is that every step of the way, professors in every course force you to think about how the concepts you are learning in the classroom will apply later in the business world. This makes me feel like I’m preparing MEYER SCHOLLE SENNE myself for a successful future, and not just going to class to keep up my GPA.” I’m most inspired by: Ratti Ratneshwar, Bailey K. Howard World Book Chair of Marketing. “He has the students’ best interests in mind at all times.” Kelsey Meyer Golf Junior in Marketing Selected Honors ✭✭ Big 12 Commissioner’s Honor Roll, 2008 and 2009 “I’m fortunate to be in the business school’s Cornell Leadership Program and the Flegel Academy of Aspiring Entrepreneurs. Both organizations have made me more confident in my talents as a student and have presented me with amazing opportunities outside the classroom.” I’m most inspired by: Mary Beth Marrs, assistant dean of undergraduate programs and strategic initiatives. “She is so helpful and encouraging. She makes me want to succeed as both a student and an athlete, which is the type of support every student-athlete needs.” BECKY SCHOLLE Gymnastics Senior in Management Selected Honors ✭✭ First-Team Academic All-Big 12, 2009 ✭✭ Big 12 Commissioner’s Honor Roll, 2009 “The business school has taught me many things about leadership and different ways to work in teams, which is relevant to many aspects of my life, including my athletic career.” I’m most inspired by: Frank Seibert, adjunct instructor in management. “He always comes to class with a positive attitude and seems very willing to help students.” AARON SENNE Baseball Senior in Finance And Banking Selected Honors ✭✭ First-Team Academic All-Big 12, 2009 ✭✭ Big 12 Commissioner’s Honor Roll, 2009 ✭✭ All-Big 12 Conference First Team, 2008 ✭✭ All-NCAA Regional Team, 2007 “The professors I have had in the Trulaske College over the past few years have been extremely knowledgeable and passionate about all of the different aspects of business. Their enthusiasm and wisdom rub off on their students.” I’m most inspired by: Joel Poor, associate teaching professor in marketing. “He has been involved with business for a long time, so he has so many experiences to share and make it easier for us to understand each concept.” SHOCK TILLER VOCK FORREST SHOCK Football Senior in Finance and Banking Selected Honors ✭✭ Big 12 Commissioner’s Honor Roll, 2008 and 2009 ✭✭ 2nd Team Academic All-Big 12 ✭✭ Team Walk-0n Player of the Year “The Trulaske College has opened my eyes to the many great career choices there are in the business world and has prepared me to take on the mighty challenges of Fortune 500 companies.” I’m most inspired by: Greg Bier, associate teaching professor in management. He has shown me “how through certain techniques, challenges that could be seen as too big and complicated can be broken down and dealt with effectively.” J.T. Tiller Basketball Senior in Management Selected Honors ✭✭ Big 12 Conference’s Co-Defensive Player of the Year, 2009 ✭✭ NCAA All-West Regional, 2009 ✭✭ Big 12 Commissioner’s Honor Roll, 2009 ✭✭ Unsung Hero Basketball Team Award, 2009 “The Trulaske College of Business really is helping give me a sense of direction in my career goals. It is helping me find the area in which I’m really interested, and providing the right opportunities to find internships, jobs and other tools to help me get ready for the real world beyond MU.” I’m most inspired by: Chris Prestigiacomo, associate teaching professor in accountancy. “I believe that my most influential experience has come from ‘Dr. P.’ I can talk to him on a personal level – inside or outside of the classroom.” Abby Vock Softball Junior in Accounting Selected Honors ✭✭ First-Team Academic All-Big 12, 2009 ✭✭ Big 12 Commissioner’s Honor Roll, 2009 “The college has a great environment where learning is a priority and where faculty members encourage students to get involved.” I’m most inspired by: Billie Cunningham, associate teaching professor in accountancy. “She loves her job, is a great and enthusiastic accounting teacher, and cares about her students. She will do anything to help them learn.” Robert J. Trulaske, Sr. College of Business University of Missouri business.missouri.edu 27 STUDENT NEWS Accountancy Student Selected as Rotary Scholar at MU Erik Elfrink , a graduate student in the School of Accountancy, was selected as the Rotary Ambassadorial Scholar for the Eastern Missouri District. A $25,000 scholarship accompanies this honor. During the 2010-11 academic year, Elfrink will study at a university in Sweden or the Netherlands, where he also will serve as a goodwill ambassador for Rotary. The mission of The Rotary Foundation, which conducts the Ambassadorial Scholars program, is to advance world understanding, goodwill, and peace through the improvement of health, the support of education and the alleviation of poverty. To promote the foundation’s mission, students in the program complete service projects, give presentations about their homelands to Rotary clubs abroad, and share their experiences upon returning home. “Knowing Erik’s activities, interests, and goals, I believe he is an excellent choice to be an ambassador of goodwill,” said Phyllis Moore, director of the 150-hour and master of accountancy programs at MU. “Erik’s participation in this prestigious program will bring international exposure to the high-quality education students receive at MU and in the nationallyranked School of Accountancy.” Students Take Part in Unique Summer Program in Chicago Three students in the Trulaske Col- lege’s Vasey Academy participated in a summer program at the University of Chicago’s Booth School of Business last summer, thanks to grants from the Vasey Academy and the Booth School. Carletha Johnson, a senior in finance, Jessica Winston, a senior in management, and Alicen Irby, a junior in accountancy, were selected to take part in the program based on academic standing and performance in the Vasey Academy. Incorporating elements of the Chicago MBA program, the three-week, intensive Summer Business Scholars Program provided students with lectures, tours of Chicago-area corporations, and professional development workshops. The program also included academic coursework, enabling students to expand their knowledge of several areas, including accounting, marketing, and financial analysis. “Participation in this program provided Vasey Academy students with tremendous professional development activities, rewarding social interaction with business students from around the world, and a chance to learn in a rigorous business curriculum taught by faculty at a world-renowned business school,” said Marvin Burns, director of the Vasey Academy and senior academic advisor in the Trulaske College. The Vasey Academy was established in 1997 by Roger and Sandy Vasey to provide minority students in the Trulaske College of Business with the opportunity to learn more about various fields of study and careers in business. STUDENT ENTREPRENEURS MU Business Students Win Top Spots in Entrepreneurship Contest Novel ideas and compelling presentations earned two Trulaske College of Business students high honors in a North American entrepreneurial competition in October. Maria Holt, a senior in management, won second place with her proposal for a double-sided nail polish pen at this year’s annual Collegiate Entrepreneurs’ Organization (CEO) Elevator Pitch Competition. Meghan Orbe, a junior studying marketing, placed fourth in the contest for her presentation on a frozenmeal delivery service geared toward college students. Meghan Orbe and Maria Holt Both students have taken steps to realize at the competition. their business plans. “I would like to have a working prototype by next summer,” Holt said. With sponsorship from MU’s Flegel Academy for Aspiring Entrepreneurs, five business students attended this year’s CEO 28 MizzouBusiness contest, competing against students from across the U.S. as well as Canada and Puerto Rico. The MU students, who are all in the Academy, condensed their business ideas into presentations that could be completed during a 90-second elevator ride. They made the presentations to a panel of judges who scored each proposal for content and delivery. MU’s Flegel Academy has sponsored student entries in the CEO competition for the last four years, aiming to encourage presentation skills that business people consider vital for success, said Greg Bier, director of the academy and an MU associate teaching professor. The academy is matching the $2,000 Holt won and the $1,000 Orbe received from the CEO for their top finishes in the contest, Bier said. ALUMNI NEWS Alumni and Friends Receive College Honors The Trulaske College of Business bestows the Alumni Citation of Merit, the college’s highest honor, to a select group of alumni annually. Deserving individuals who are not graduates of the college may receive a Special Citation. The Citation award is based on career accomplishments and support of the college through service on an advisory board, presenting guest lectures, assisting with placement of the college’s graduates, and/or financial contributions. Nine individuals received citations in 2009: Daryl Smith (BS BA ’83): VP of human resources and training, Galls, Inc./An ARAMARK Company, Lexington, Ky. Alumni Citations of Merit Up to two alumni may receive a Recent Alumni Achievement Award at the college’s annual Honors Luncheon in April. This tribute recognizes outstanding volunteer support of the college as well as the professional accomplishments of alumni who received their degree 15 or fewer years ago. The recipients in 2009 were: Dennis Alberts (BS BA ’71, MBA ’72): president and CEO, Silverstone Capital Group, LLC., Dallas, Texas Robert Duckworth (BS BA ’73): partner, audit and enterprise risk services, Deloitte, Kansas City, Mo. Alan (Ace) Greenberg (BS BA ’49): vice chairman emeritus, JPMorgan Chase, New York, N.Y. Samuel Hamacher (BS BA ’74): president, Harbour Group, St. Louis. Michael Hickenbotham (BS Acc ’92): audit partner, Ernst & Young, St. Louis. Melody Marcks (BS BA ’83): senior VP of human resources, Boone County National Bank, Columbia. Special Citations of Merit Warren Buffett: chairman of the board and CEO, Berkshire Hathaway Inc., Omaha, Neb. Mrs. Robert J. Trulaske, Sr.: philanthropist, St. Louis. Business Alumni Receive MAA Award In October, three business school graduates were among 10 alumni who received a FacultyAlumni Award from the Mizzou Alumni Association. The award, presented annually for 42 years, recognizes professional accomplishments, community service, and support of the university. A committee consisting of alumni, faculty members, and students selected the recipients. The award recipients from the Trulaske College of Business in 2009 were: Lyle Brizendine (BS BA ’74), of Chesterfield, Mo., senior vice president and director of philanthropic management for Bank of America. Recent Alumni Achievement Awards Meredith Aslin (BS BA ’02): finance and investor relations associate, Apollo Global Management, LLC, New York, N.Y. Kemyell Rieves (BS BA ’05): category development manager, Procter & Gamble, St. Louis. Lyle Brizendine Jeffrey Smith (BS BA ’72), of Columbia, Mo., founder and president of JES Holdings, LLC. Jeffrey Smith Barney Whitlock (BS BA ’63), of Springfield, Mo., founding partner of The Whitlock Co., a CPA firm. Barney Whitlock Robert J. Trulaske, Sr. College of Business University of Missouri business.missouri.edu 29 alumni news At several events around the country, alumni reconnected with fellow business and accountancy graduates and also received updates about the Trulaske College. Breakfast with the Deans Kansas City The alumni chapter awarded scholarships to three Trulaske College students: Laura Eisenbeis, Kyle Kilroy, and Christina Rapken. Michelle and Bob Maher were honored as Alumni of the Year. Other events held by the chapter included Trivia Night and Networking Happy Hours. Scholarship banquet Dean Walker quizzed alumni about their knowledge of the college ALUMNI RECEPTION L-R Chapter president Kelly Hodges, scholarship recipient Kyle Kilroy, and Dean Bruce Walker L-R Jack Sutherland, Mark and Mitzi Foster, and Michael Braude L-R Terry Shelton, Bruce and Sandy Allen, and Trish Shelton at the reception hosted by Bob and Michelle Maher 30 MizzouBusiness St. Louis Besides its annual banquet, the college’s alumni chapter hosted other events such as Networking Happy Hours and Night at the Ballpark. SCHOLARSHIP BANQUET L-R Lori Drury, scholarship recipient John Martin, and Dr. Mary Beth Marrs L-R Chapter president Lori Drury, scholarship recipient Shanna Seagraves, and Assistant Dean Mary Beth Marrs Loren Nikolai, former director of the School of Accountancy’s 150-hour program, was the banquet’s keynote speaker. Dallas ALUMNI RECEPTION L-R Dean Walker, Pam Walker, and Jack and Mary Bush Trulaske College alumnus Denny Alberts and his wife, Cynthia Comparin hosted the reception at their home. Robert J. Trulaske, Sr. College of Business University of Missouri business.missouri.edu 31 alumni profiles From Hollywood to Manhattan Greg Garrison BS BA ’76 (Accy) Managing Partner U.S. Operations PricewaterhouseCoopers New York “The college is providing a high-quality education that is relevant and responsive to changes in the field – even in an era of difficult budgets.” 32 MizzouBusiness Greg Garrison is an auditor, and he has served as one on TV. He is a top executive for Pricewaterhouse Coopers (PwC), the accounting, tax and advisory firm that is well known for managing the Academy Awards ballot counting for more than 80 years. From 1996 to 2005, Garrison was one of two PwC partners who attended the annual awards event and stood backstage – dressed in tuxedo, of course – holding the briefcase containing the top-secret results. Indeed, he once had to decline a plea from Julia Roberts to reveal the award for Best Actor before she was to present the results. Although it was fun to rub elbows with the stars, Garrison said the process was quite complicated, involving two PwC executives memorizing the results, riding in separate cars, and being escorted on the red carpet by armed guards. He says his firm has been trusted with the job because it is known for keeping information confidential and getting it right the first time. PwC has been recognized by Fortune magazine as a “Great Place to Work” for the last six years. Garrison joined PwC in 1976, after his graduation from MU. The St. Louis native was planning to attend law school, but an internship at PwC during the summer between his junior and senior years of business school showed him another career path. He has held a number of roles with the firm during his 33-year career, providing audit, accounting, and business advisory services to a diverse group of clients, including a number of Fortune 500 companies. From 2002 to 2006, he was head of the Assurance and Business Advisory Services Practice. Currently as COO and managing partner of the U.S. firm, Garrison leads 2,200 partners and 30,000 employees in over 50 offices across the U.S. Garrison’s education at MU has been an advantage for him in relating with PwC’s diverse partners, according to friends and colleagues, such as Chet Gerdts, PwC’s general counsel, who has worked closely with him for seven years. “We have a firm that is really spread out across the U.S. Greg is highly intelligent, and he also understands people – which enables him to handle complicated situations.” In 2001, Garrison was presented an Alumni Citation of Merit by the college. He also serves on the college’s Strategic Development Board. Garrison and his wife of 28 years, Kathy, are members of the college’s donor-recognition organization, the Davenport Society. “It’s rewarding to serve on the college’s Strategic Development Board and help drive the growth,” Garrison says. “The college is providing a high-quality education that is relevant and responsive to changes in the field – even in an era of difficult budgets.” Remembering the time he spent tending bar at Harpo’s and rooting for the Tigers at football games, Garrison advises students to have fun, too. “Mizzou is a great institution, and the education you get will be of value anywhere you go.” Even in Los Angeles at the Academy Awards. Recent Grad Is Brewing Success Owner of an award-winning fam- ily business, Tricia Zimmer Ferguson, may have entrepreneurship – and perhaps coffee – in her veins. But as a Mizzou alumna and supporter, she definitely bleeds black and gold. Having grown up in a family of entrepreneurs, she never doubted her plan to attend the MU Trulaske College of Business and become an entrepreneur herself. Her grandfather started one of the first allcountry radio stations in the U.S. in the 1950s, and today her family owns nine radio stations in mid-Missouri. As a student, Ferguson was involved in a multitude of activities and was selected to be the student speaker at the dedication of Cornell Hall. After graduation, she joined the Rotational Development Program at Edward Jones. A couple of years later, she was able to fulfill her dream of running her own business when her family discovered a coffee shop in a historic neighborhood in St. Louis that they believed was a concept with substantial potential for expansion. “When we crossed paths with Kaldi’s Coffee, we had an instant vision for the company and the deal just made sense,” she says. “As a family we always had some of our best business talks together over coffee or at a restaurant.” In 2005, Ferguson, along with her family, purchased Kaldi’s Coffee Roasting Company. Since then, new retail locations have been added in St. Louis, Springfield, and Columbia. Kaldi's was selected as one of the “Top 10 places to get your daily fix of coffee” by GQ magazine in November 2009. She and her family have expanded wholesale operations, invested in another coffee venture in Hawaii, and their plans include owning a coffee farm. Promoting education and awareness of specialty coffee is very important to Ferguson and is one of the company’s main missions. For example, baristas have a three-level certification and in-store “cuppings” (like wine tastings) are held almost weekly. Fellow alumna Susan Conrad (BS BA ’87), president of EICON Properties, says, “Tricia’s passion for the business and energetic approach are contagious. She is an excellent communicator and team builder. She encourages others to think big and take risks.” Ferguson has used her management background and passion for entrepreneurship to jump-start several charitable initiatives, both at Mizzou and in her community. For example, in 2007 she and her husband, Josh, started a $25,000 endowment in the Trulaske College of Business to provide scholarships and professional development for female students with leadership potential. Ferguson has served on the Recent Alumni Advisory Board and as a member of the college’s Management Advisory Board, she helped implement a new mentoring program. She is also a member in the Griffiths Leadership Society for Women at Mizzou. In St. Louis, Ferguson launched her company’s support of Urban Future Organization, and Variety, The Children’s Charity. She recently received the St. Louis Business Journal’s “30 under 30” recognition, which is given to outstanding young business people. Of all her accomplishments, the one about which Ferguson is most proud is being involved in a family business in an industry they are very passionate about. Her husband, Josh (BS ’03), and her brother, Tyler Zimmer (BS ’08), are part of the company. “There is nothing more fulfilling than working alongside the people you love and respect most, while doing something you enjoy,” Ferguson says. Tricia Zimmer Ferguson BS BA ’03 Owner Kaldi’s Coffee Roasting Company “Tricia’s passion for the business and energetic approach are contagious. She is an excellent communicator and team builder. She encourages others to think big and take risks.” Robert J. Trulaske, Sr. College of Business University of Missouri business.missouri.edu 33 alumni profiles A Lifetime of Student, Business, Alumni, and Community Leadership Duncan L. Matteson BS BA ’56 Chairman Matteson Realty Services, Inc. “It’s been one of the highlights of my life to see what’s happened at Mizzou’s business school, and how it is continually advancing.” 34 MizzouBusiness As a student at Mizzou’s business school, Duncan Matteson was president of his fraternity, Sigma Chi; a member of the student council; and played on both the varsity basketball and golf teams. He was named Intramural Athlete of the Year in 1955. Matteson has been in the investment business on the San Francisco peninsula since 1959, successfully acquiring, developing, and managing high-quality apartment buildings, commercial office buildings, and retail centers in five western states. He first established Matteson Investment Corporation in 1978 and in 1994 founded Matteson Realty Services, Inc. and Matteson Real Estate Equities, Inc., where he serves as chairman. He was also the founding chairman of the board of Mid-Peninsula Bank in Palo Alto in 1987 and subsequently acquired 10 more banks and a major national insurance brokerage firm. He merged that consortium as Greater Bay Bancorp into Wells Fargo Bank in 2007. “On the job, respect is paramount to success.” Matteson says. “Be respectful of everyone and their opinions along the way. It is possible to disagree in a professional and friendly manner so that you never burn a bridge.” He emphasizes that in his four companies disrespect is not tolerated. His family members also share his philosophy. Matteson’s wife, Shirley, studied accounting at Mizzou and handled facilities management as a partner in the business for 22 years until she retired three years ago. Their son, Matt, is president of their companies. As an alumnus, Matteson is still a Mizzou leader. He was chair of The Herbert J. Davenport Society in 1989, the year the college’s donorrecognition organization was founded. In that role, he helped to form the donor-recognition organization that encourages and recognizes private support for the business school. Currently, Matteson serves on the Trulaske College of Business Strategic Development Board and its Executive Committee. Throughout the For All We Call Mizzou campaign, he was a member of the college’s campaign steering committee. He received an Alumni Citation of Merit Award from the college in 1991 and a FacultyAlumni Award from MU in 1994. “It’s been one of the highlights of my life to see what’s happened at Mizzou’s business school, and how it is continually advancing,” says Matteson. He has been continuously involved within several organizations, including serving as chairman of both Stanford Heart Council at Stanford Medical Center and the Palo Alto Medical Foundation. Mizzou also remains a priority. Besides returning to campus for meetings, the Mattesons have made major gifts to support Cornell Hall and to establish the Matteson Professor of Financial Services and the Matteson Financial Services Excellence Fund. They are Distinguished Patrons of the Davenport Society with gifts totaling more than $800,000. Keeping in touch with today’s students helps him keep his perspective, says Matteson. Conversely, students benefit from wisdom he’s gained over his exemplary career. Matteson advises students to “Find the area in business – such as finance and real estate are for me – that really interests you to the extent that you don’t watch the clock. When your work becomes your passion, everything falls into place, and you’re very likely to be successful in that endeavor.” Partners Make Their Mark on the Book Industry Dan Schuppan and Bob Pugh have been friends and business partners for several decades. With Schuppan as president and Pugh as CEO, they have made strategic decisions that have propelled MBS Textbook Exchange, Inc., to become the largest used textbook wholesaler, bookstore systems provider, and distance learning distribution service in the United States. “Together, we create better than we do alone,” Schuppan says. “Our differences blend to a uniqueness that cannot be matched.” Pugh describes Schuppan as a hard charger with lots of energy. “He gets in the middle of things quickly.” Schuppan says that as a leader, Pugh “plays it straight and keeps no personal animosities.” What they have in common is a penchant for perfection and focus on what lies ahead, says Pugh. Schuppan adds that Pugh is creative. “The demands for creativity are 10-fold what they were when I was in school,” Schuppan says, pointing out how the internet shortens the lifespan of a good idea. “It puts tremendous demands on leadership to be ahead of the competition.” Indeed, what started out in 1909 as The Missouri Store Company, which sold classroom furniture and teaching supplies, has gone through several changes and evolved to become an industry leader now called MBS Textbook Exchange. Pugh joined the business in 1967 as assistant controller, and Schuppan became manager in 1973. MBS CFO Andy Gingrich, (BS BA ’78), has worked with the pair for 25 years. He says that when you combine “Dan’s high-energy personality from the background of being an football player for MU and Bob’s critically focused personality from being a former mayor of Columbia, you get a leadership team that is charging full speed ahead.” A major turning point for MBS was in 1979 when its leaders made a risky decision to invest in computer automation. “Our competitors said it could not be done but we did it, and it turned out to be the right thing to do,” Pugh says. Through one of its three operating divisions, MBS Systems, the company has now developed the industry’s most comprehensive and innovative line of bookstore management systems, including in-store and online solutions. The other two operating divisions are MBS Wholesale and MBS Direct. Both executives have been very supportive of their alma mater. Since 2004, MBS has provided textbook scholarships to selected students in the business school. Individually, the two alumni have made generous donations to the Trulaske College as well as Intercollegiate Athletics. Pugh’s donations helped to establish the Pinkney Walker and Raymond Lansford Professorships and to build Cornell Hall. Schuppan has funded a scholarship in honor of his father and uncle and also has supported the Walker Professorship. Schuppan is a current member and Pugh is a former member of the college’s Strategic Development Board. Together, they served as Executive-in-Residence. Both alumni have received the college’s Citation of Merit, and Pugh was also presented a Faculty-Alumni Award by the Mizzou Alumni Association. Every day Pugh and Schuppan face new challenges at MBS as the technological and educational environments change. As they tackle issues related to distance education and digital textbooks, they intend to be a player in shaping the future. “Over the years, we’ve made a lot of important decisions jointly,” Pugh says. Robert K. Pugh BS BA ’63 Chief Executive Officer MBS Textbook Exchange, Inc. Dan M. Schuppan BS BA ’67, MBA ’69 President MBS Textbook Exchange, Inc. “Together we create better than we do alone. Our differences blend into a uniqueness that cannot be matched.” Robert J. Trulaske, Sr. College of Business University of Missouri business.missouri.edu 35 CLASS NOTES 1940s Robert Huddleston (BS PA ’49) of Carolina Meadows, N.C. entered government service and in 1965 attended the Industrial College of the Armed Forces within the National Defense University and was awarded an MS degree from George Washington University. Leaving government service in 1975, Huddleston became a freelance journalist. Now retired, he has taught two courses at the Duke Institute for Learning in Retirement. He is the author of the biography, Edmundo: From Chiapas, Mexico to Park Avenue (2007). He is married to Pepita Lassalle. 1950s William Franklin (BS BA ’54) of Seattle, Wash. was decorated by His Majesty the Emperor of Japan in April 2009, receiving The Order of the Rising Sun in recognition of his contribution to the strengthening of political and economic relations between Japan and the U.S. and to the development of Japan’s wood products industry. Franklin is a former president of Weyerhaeuser Far East and also the former president of American Chamber of Commerce in Japan. Michael Braude (BS BA ’57) of Kansas City, Mo. was selected as a Legend in the January 2009 issue of Ingram’s magazine. Thomas Atkins III (BS BA ‘59) of Columbia, Mo. was selected to receive the Columbia Business Times’ Titan Award for Philanthropy in August 2009. Jim Dierberg (BS BA ‘59) of St. Peters, Mo. was recognized as one of the Most Influential St. Louisans by St. Louis Business Journal in February 2009. 1960s Bruce Mills (BS BA ‘63) of Clayton, Mo. was recognized as one of the Most Influential St. Louisans by St. Louis Business Journal in February 2009. Jack Sutherland (BS BA ’65, MBA ’71) of Overland Park, Kan. was named regional president of Equity Bank in February 2009. Douglas Prior (BS BA ’66) of Fenton, Mo. retired from grocery retailing management in 2008. Prior also had careers in public accounting and in IT at the U.S. Department of Defense. 36 MizzouBusiness Max Goolsby (BS BA ‘67) of Marietta, Ga. was selected to receive the Special Governor’s Award from the National Solid Wastes Management Association in 2009. Rodger Riney (BS CIE ’68, MBA ‘69) of Crystal Lake Park, Mo. was recognized as one of the Most Influential St. Louisans by St. Louis Business Journal in February 2009. Jerome Taylor (BS BA ‘69) of Columbia, Mo. was selected to receive the Columbia Business Times’ Titan Award for Philanthropy in August 2009. 1970s Stanley Kroenke (BS BA ’71, MBA ‘73) of Columbia, Mo. was added to the Missouri Sports Hall of Fame of 2009. He was also recognized as one of the Most Influential St. Louisans by St. Louis Business Journal in February 2009. Mark von Wehrden (BS PA ’71, M A ’75) of Springfield, Va. is a photo editor for the Defense Imagery Management Operations Center at the Pentagon in Arlington, Virginia. Dennis Allen (BS BA ’74) of Hendersonville, Tenn. is the director of internal audits for the Dollar General Corporation. Daniel Burkhardt (MBA ‘75) of St. Louis, Mo. was recognized as one of the Most Influential St. Louisans by St. Louis Business Journal in February 2009. Sue Engelhardt (BS BA ’75, MBA ’77) of St. Louis, Mo. has been selected by The Friends of Epworth for the 2010 Pillar of Strength Award for tireless commitment to the underserved in the community. She will be honored at a gala in February 2010. Chris Barbee (BS Acc ’76) is now the global head of forensics at PricewaterhouseCoopers. Mark Burkhart (BS BA ‘76) of St. Louis, Mo. was recognized as one of the Most Influential St. Louisans by St. Louis Business Journal in February 2009. Robert Grubbs (BS BA ‘78) of New York, N.Y. was appointed advisor at Irving Place Capital. Brent Bradshaw (BS BA ’79) of Moberly, Mo. was elected to the Commerce Bank’s Advisory Board of Directors. Bradshaw is vice president of human resources for Orscheln Management Company. He currently serves as vice president, Moberly Public Schools Foundation Board of Directors and board vice president and treasurer, Heart of America - Chapter of Industrial & Commercial Ministries, Inc. Gary Wilberg (BS BA ’79), of Aurora, Ill. is an insurance agent of Northwestern Mutual and a registered representative of Northwestern Mutual Investment Services, LLC, Effner Financial Group. 1980s Jerry Carlson (BS BA ’80, MA ‘81) of St. Louis, Mo. was recognized as one of the Most Influential St. Louisans by St. Louis Business Journal in February 2009. Ann Marie Baker (BS BA ‘82) of Springfield, Mo. was selected to receive the UMB Financial Corporation’s inaugural UMB Leadership Award in 2009. Shaun Hayes (BS BA ‘82) of St. Peters, Mo. was recognized as one of the Most Influential St. Louisans by St. Louis Business Journal in February 2009. Michael Kenneally (MBA ’83) of St. Louis, Mo. was elected to the Fidelity Funds Board of Trustees. He retired in 2005 as the global chief executive of Credit Suisse Asset Management. Kenneally was formerly chief investment officer for Bank of America. Ann Wagner (BS BA ’84), former chairwoman of the Missouri Republican Party and the Republican National Committee, will serve as chairwoman of Roy Blunt’s U.S. Senate campaign. Kimberly Brightwell (BS Acc ‘85) of Lee’s Summit, Mo. was selected by the Kansas City Business Journal to receive recognition in the publication’s annual salute to chief financial officers in 2009. Bobby Medlin (BS Acc ’85) of Latham, Mo. founded his CPA practice in 1987 and now has three locations in Missouri: Tipton, California, and Lake of the Ozarks. Eric Pickett (BS BA ’85) of Lee’s Summit, Mo. is VP of sales and marketing for United Sign Corporation. Eric and wife Darlene have a seven-year-old daughter, Paige. Kathryn Wood (BS BA ’85) of Affton, Mo. serves on the board of directors of the Affton Community Betterment Association. She helps with fundraising for the organization and serves on the finance committee. Scott Joffe (BS Acc ’89) of San Jose, Calif. is the father of twin girls. 1990s Douglas Bahr (BS Acc ‘90) of Grover, Mo. was selected to receive a Greater St. Louis Top 50 Award in 2009. Craig Rosenthal (BS Acc ‘94) of St. Louis, Mo. was selected to receive the “40 under 40” award by St. Louis Business Journal in 2009. James Ashley (M Acc ‘04) of Springfield, Mo. was promoted to supervisor for BKD in 2009. Sumber Salim (BS BA ’90) of Tangerang, Indonesia, received his MBA from Fontbonne University in St Louis in 1992. Sumber is married and has three daughters and one son. Lori Drury (BS BA ’05) of St. Louis, Mo. received a promotion to senior associate at Colliers Turley Martin Tucker in March 2009. Catherine Bradley (BS BA ’91) of New York, N.Y. is the executive director of the Baseball Tomorrow Fund for Major League Baseball. Keith Politte (BS Acc ’91) of St. Louis, Mo. is now the vice president - sales and marketing at Reinsurance Group of America, Inc. Greg Jones (BS BA ’92) of Columbia, Mo. earned a JD in 2000 from Washington University. He is a partner with Jones & Watkins, LLC and a board member of the City of Columbia New Century Fund, Inc. Tim Kacich (BS Acc ’92) of Boston, Mass. and Jill Nichols Kacich (BS Acc ’93) had their first child, Clayton Thomas, in February, 2008. Jill works as a compliance manager for Wellington Management, and Tim is a director at PricewaterhouseCoopers in the State and Local tax group, where he has been for 13 years. Steve Allgeyer (BS BA ’95) of St. Louis, Mo. and Kristy Scherer Allgeyer (BHS ’96) of Benton, Mo. have six children. Steve is VP of Life Teen Ministry Development, a Catholic teen program. Bruce Barringer (PhD ’95) is now the Johnny D. Pope Chair of Entrepreneurship in the Department of Entrepreneurship at Oklahoma State University. Greg Bailey (BS BA ’96) and Ali Bailey welcomed Hudson Wright Bailey on October 14, 2009. Jay Murchison (BS BA ’97) and wife Rochelle of O’Fallon, Mo. celebrated the birth of their son, Coleman James, on February 12, 2009. Jason Becking (BS BA ’93, MBA ‘95) of Columbia, Mo. was recognized as one of the “20 under 40” leaders by Columbia Business Times in 2009. John Cleek, Jr. (BS BA ‘93) of Columbia, Mo. was featured in the Association of Progressive Rental Organizations’ newsletter, RTO Today in 2009. He was also selected to serve a third term as Missouri Rental Dealers Association president in 2009. Jim Dilley (M Acc ’93) of Sapulpa, Ok. is a CPA and has been named executive vice president of American Heritage Bank, assisting in the oversight on bank operations and strategy development. Jim and his wife, Jennifer, have two boys, ages 10 and 13. Tony Mayfield (MBA ‘94) of Columbia, Mo. was promoted to president of UMB Bank in 2009. Gregory McCracken CPA (BS Acc ‘94, M Acc ‘96) obtained an MBA degree from Rice University in 1998 and has earned his CFA designation. He and his wife, Ritu, live in Houston, TX. Tricia Zimmer Ferguson (BS BA ‘03) of St. Louis, Mo. was selected to receive the “30 under 30” award by St. Louis Business Journal in 2009. Mark Sonnenberg (BS BA ‘98) of Kansas City, Mo. was recognized as one of the “40 under Forty” by Ingram’s in 2009. Wendy Harrington (MBA ‘99) of Shelbyville, Mo. was appointed president of the Hannibal Regional Hospital Foundation in 2009. 2000s Sean Murphy (BS BA ’02) of St. Louis, Mo. is a full-time MBA student at Washington University in St. Louis, focusing on marketing and brand management. He is the business school’s representative on the Graduate Professional Council. David Biales (BS BA ‘03) of St. Louis, Mo. was selected to receive the “30 under 30” award by St. Louis Business Journal in 2009. Sharisse Summers (BS BA ’03) of Chicago, Ill. has completed the Leadership Development Program at AT&T. Scott Winton (BS BA ’05) of Arlington, Va. was sworn into the U.S. Foreign Service (Diplomatic Corp) and will serve as a political officer in the U.S. Embassy in Skopje, Macedonia. Prior to joining the Foreign Service, he served as a Pickering Fellow in the Bureau of Legislative Affairs and in the Economic Section at the U.S. Embassy-Madrid, Spain. Ryan Bohrer (BS BA ’06) of Kansas City, Mo. is sitting for exams through the Society of Actuaries and will soon be an Associate of the Society. James Lutkewitte (BS BA ’06) of St. Louis, Mo. is an account executive for a communications software company. Chad Sneed (BS BA ‘06) of Kansas City, Mo. was recognized as one of the “20 in Their Twenties” by Ingram’s in 2009. Craig Seidelman (BS BA ’06) of Lee’s Summit, Mo. is a commercial real estate loan officer for Bank Midwest, N.A. and married Alisa Baker in July 2009. Let your fellow alumni know what’s new with you! www.business.missouri.edu/UpdateMyProfile We’ll include your update in a future issue of Mizzou Business magazine, and you can also sign up for Mizzou Business Online, the college’s online newsletter. Don’t forget to send in a photo, too! Robert J. Trulaske, Sr. College of Business University of Missouri business.missouri.edu 37 IN MEMORIAM Beryl Sprinkel (BS PA ’47) of Beecher, Ill. 1930s Renowned economist Beryl Sprinkel died Aug. 22, 2009 following a career that frequently placed him in the national spotlight. Born near Richmond, Mo., Sprinkel received his bachelor’s degree from MU’s business school and master’s and doctoral degrees in finance and economics from the University of Chicago. He subsequently worked as an economist for nearly 30 years at the Harris Trust and Savings Bank in Chicago, Ill. Sprinkel joined the federal government in 1981, serving in President Ronald Reagan’s administration as the Undersecretary of Treasury for Monetary Policy. He became chairman of the Council of Economic Advisers in 1985, energetically championing his belief that undue growth in the money supply triggered inflation. Sprinkel is also remembered for providing leadership following the October 1987 stock market crash. H. Hall Trice (BS BA ’34) of Columbia, Mo., April 12, 2009. Alan Skouby (BS EE ’58) of Columbia, Mo. Edward Horton, Jr. (BS BA ’39) of Charlotte, N.C., August 15, 2008. Alan Skouby, assistant teaching professor in the college, died July 26, 2009. Having received a bachelor’s degree in electrical engineering from MU and a master’s degree in economics from Stanford University, Skouby enjoyed successful careers in both business and education. During his nearly 40-year business career, Skouby worked at such companies as Exxon-Mobil, Monsanto, Cummins Engine Co., Dekalb Genetics Co., and Roadway Global Air. After retiring from corporate life, Skouby embarked on his second career – as an educator – a dozen years ago. He began teaching at Butler University in 1997, and then joined MU’s business school as an adjunct faculty member in 2004. Besides teaching undergraduate entrepreneurship courses, Skouby helped with the Crosby MBA Program consulting course and served as co-director of the college’s Flegel Academy for Aspiring Entrepreneurs. In 2007, he received an Outstanding Faculty Service Award from the college. He and his wife Yvonne became members of the college’s Davenport Society in 2008. Stephen Smith (BS BA ’68) of Columbia, Mo. Steve Smith, who grew up in Columbia and earned his BS BA degree with an emphasis in accountancy from MU, died on August 1, 2009. He won the Missouri Gold Medal for the highest grade on the November 1968 Uniform CPA Examination, and then joined the Williams Keepers accounting firm in Columbia in 1974, becoming a member owner in 1976. He had a distinguished career at Williams Keepers and was designated one of the nation’s outstanding experts in the areas of lost profits, employment damages, and business valuation in Naifeh & Smith’s The Best Lawyers in America. In 2008, Smith earned one of the first Certified in Financial Forensics credentials awarded by the American Institute of Certified Public Accountants (AICPA). He also served as an invited witness to the U.S. House of Representatives Ways and Means Committee on the overhaul of the Income Tax Code. Smith was a member of the AICPA and the Missouri Society of Certified Public Accountants. His involvement in the Columbia community included serving on the board of directors of the United Way and the Columbia Chamber of Commerce. Helen Mutti (BS PA ’36) of Sedalia, Mo., October 2, 2008. Darrell Seltsam (BS BA ’36, M Acc ’36) of Columbia, Mo., October 19, 2008. Colonel T.R. Bruce Jr. USA Ret (BS BA ’37) of West Lafayette, Ind., October 31, 2008. Ray Bezoni (BS BA ’38) of Georgetown, Colo., August 24, 2008. Fred Brown, Jr. (BS BA ’38) of Kansas City, Mo., March 1, 2009. Sidney Lefkovitz (BS BA ’38) of Shawnee Mission, Kan., August 21, 2009. Royal Schwendinger (BS BA ’39) of Encino, Calif., March 14, 2009. 1940s Lester Einbender (BA ’40, BSBA ’40) of St. Joseph, Mo., September 7, 2008. Robert Hussman (BS BA ’41) of St. Louis, Mo., August 16, 2008. Frank Justus, Jr. (BS BA ’41) of Smithville, Mo., February 10, 2009. David Eisenstein (BS BA ’42) of Jefferson City, Mo., April 18, 2009. Harry Fields (BS BA ’42) of Columbia, Mo., November 8, 2008. Melbern Robinson (BS BA ’42) of St. Louis, Mo., April 21, 2009. Robert Smarr, Jr. (BS BA ’42) of Columbia, Mo., August 21, 2008. Thomas Fitz (BS BA ’43) of Farmington, Mo., September 9, 2008. Edward Hurley II (BS BA ’44) of Sedalia, Mo., October 20, 2008. Geraldine Peterson (BS PA ’45) of Perry, Mo., November 12, 2008. Elizabeth Habecost (BS BA ’46) of Gurnee, Ill., February 2, 2009. George Carrier, Jr. (BS BA ’47) of Redmond, Wash., November 20, 2008. Charles Fuqua (BS BA ’47) of New London, Mo., August 23, 2008. James Austin (BS BA ’48) of Joplin, Mo., March 13, 2009. Waymon Baker (BS BA ’48) of Prairie Village, Kan., May 14, 2009. Carvel Cole, Jr. (BS PA ’48) of Eugene, Ore., October 17, 2008. Daniel Finney (BS BA ’48) of St. Louis, Mo., September 01, 2008. 38 MizzouBusiness Loren Gale Hoffman (BS BA ’48) of Scottsdale, Ariz., October 18, 2008. Donald Studer (BS BA ’50) of Des Moines, Iowa, January 16, 2009. Charles Rich (BS BA ’57) of Independence, Mo., August 31, 2008. Robert King (BS BA ’48) of Kansas City, Mo., September 15, 2009. Roger Gale (BS BA ’51) of Scottsdale, Ariz., August 2, 2008. James Garrett (BS BA ’58) of Brandon, Miss., of March 21, 2009. Robert Menzel (BS BA ’48) of Columbia, Mo., March 01, 2009. Vernon Heltzell Gill (BS BA ’51) of Idaho Falls, Idaho, July 12, 2009. Donald Kammerer (BS BA ’58) of Columbia, Mo., October 20, 2009. Carlyle “C.K.” Odor, Jr. (BS BA ’48) of Columbia, Mo., May 15, 2008. James Gross (BS BA ’51) of Maryland Heights, Mo., August 08, 2008. Sam Wahlen (BS BA ’59) of Tallahassee, Fla. October 21, 2008. Claude Pauley, Jr. (BS BA ’48) of Columbia, Mo., October 16, 2009. Donald Schmoll (BS BA ’51) of St. Louis, Mo., May 17, 2009. 1960s Truman Sloan (BS BA ’48, M A ’49) of Lenexa, Kan., May 07, 2009. Robert Trotter (BS BA ’51) of Prairie Village, Kan., June 1, 2009. George Anglen (BS BA ’49) of Columbia Mo., July 12, 2009. Howard Watts (BS BA ’51) of Quincy, Ill., January 20, 2009. Charles Bade (BA BA ’49) of Owensville, Mo., March 16, 2009. Paul Weisman (BS PA ’51) of St. Louis, Mo., January 18, 2009. Darrell Chronister (BS BA ’49) of Holts Summit, Mo., October 11, 2008. Gerald Braznell (BS BA ’52) of St. Louis, Mo., December 7, 2009. Homer Ellis (BS BA ’49) of Nevada, Mo., November 21, 2008. William Peter Riley (BS PA ’52) of Lexington, Ky., November 3, 2009. Richard Ferguson (BS BA ’49) of Carthage, Mo., November 11, 2008. Virginia Schaefer (BS BA ’52) of Sacramento, Calif., March 11, 2009. Richard Favour (BS BA ’49) of Stoughton, Wis., November 27, 2008. Marvin Silver (BS BA ’52) of Charlotte, N.C., February 8, 2009. Melvin Gardner, Jr. (BS BA ’49) of Lee’s Summit, Mo., July 9, 2008. William Weber (BS PA ’52) of St. Charles, Mo., September 18, 2008. Everett Jarchow (BS BA ’49) of Tillamook, Ore., July 21, 2009. Lee Wells (BS BA ’52) of Kansas City, Mo., October 31, 2008. Joseph Scott (BS BA ’49) of Tipton, Mo., September 14, 2009. Albert Garrison (BS BA ’53) of Rancho Palos Verdes, Calif., November 17, 2008. 1950s Francis Anderson (BS BA ’54) of Sun City Center, Fla., October 14, 2008. Dale Cordes (BS BA ’50) of Memphis, Tenn., January 23, 2009. Robert Garrett (BS BA ’50) of St. Louis, Mo., August 9, 2009. Robert Huffine (BS BA ’50) of Columbia, Mo., August 22, 2008. Richard Jones (BS BA ’50) of Leawood, Kan., February 11, 2009. James King (BS BA ’50) of Jefferson City, Mo., April 25, 2009. Monte Montgomery (BS BA ’50) of Tucson, Ariz., October 24, 2008. John Mosher (BS BA ’50) of Carnegie, Pa., November 08, 2008. Bob Moss (BS BA ’50) of Chillicothe, Mo., June 6, 2009. Alan Payne (BS BA ’50) of Taos, N.M., May 20, 2009. Olen Proctor (BS BA ’50) of Trenton, Mo., December 15, 2008. Don Rice Richards (BS BA ’50, MBA ’68) of Bridgewater, Va., January 14, 2009. George Stevens (BS BA ’50) of Belleville, Ill., May 29, 2009. George Hull (BS BA ’54) of Boerne, Texas, October 25, 2008. Nelson Blohm (BS BA ’55) of Jenks, Okla., March 9, 2009. J. Roger Guffey (BS BA ’55) of Shawnee Mission, Kan., April 5, 2009. James Hollrah (BS BA ’55) of Chesterfield, Mo., July 29, 2009. Robert Spoeneman (BS BA ’55) of Cedar Glen, Calif., July 3, 2008. F. Keith Brown (BS PA ’56) of Nevada, Mo., August 30, 2009. Charles Chalender (BS BA ’56) of Springfield, Mo. October 7, 2008. George Haydon, Jr. (BS BA ’56) of Leawood, Kan., July 19, 2009. Edward Mills (BS BA ’56) of Camdenton, Mo., February 11, 2009. Owen Overton (BS BA ’56) of Columbia, Mo., April 4, 2009. Forrest Ayer (BS BA ’57) of Lake Quivira, Kan., December 28, 2008. James Green, Jr. (BS BA ’60) of Naples, Fla., April 9, 2009. Joan Florida (BS BA ’60) of Columbia, Ill., November 11, 2009. Richard Fischer (BS BA ’61) of Boise, Idaho, June 15, 2009. Max Moyer (BS BA ’61) of Camdenton, Mo., July 14, 2008. John Brockschmidt (BS BA ’62) of Springfield, Mo., March 29, 2009. Gerald Fallert (BS BA ’62) of Perryville, Mo., January 29, 2009. Ralph Gilchrist (BS BA ’62) of Bolivar, Mo., December 15, 2008. Daniel Grobe (BS BA ’62) of St. Louis, Mo., September 6, 2009. William Weishar (BS BA ’62) of Overland Park, Kan., February 2, 2009. Joanne Lynes (BS BA ’63) of Lakewood, Colo., August 7, 2009. Raymond Shane (BS BA ’63) of St. Louis, Mo., August 15, 2008. Mary Azar Allison (BS BA ’64) of Clarksville, Mo., February 20, 2009. Marvin Burnett (BS BA ’64) of Troy, Mo., September 16, 2008. Terry Nunley (BS BA ’64, MA ’70) of Wilmington, N.C., March 27, 2009. Joseph Smith (BS BA ’66) of Ashland, Mo., October 19, 2009. Floyd Dowell (BS BA ’67) of Troy, Mo., September, 2009. Stephen Smith (BS BA ’68) of Columbia, Mo., August 1, 2009. 1970s Robert Pritchard (BS PA ’70) of Springfield, Mo., July, 2009. Duane Randall (BS BA ’70) of Alton, Ill., June 9, 2009. Roger Egeling (BS PA ’71) of St. Louis, Mo., September 28, 2009. William Ketterlin (BS BA ’72) of Armstrong, Mo., December 1, 2008. Michael Pernikoff (BS BA ’72) of Chesterfield, Mo., July 8, 2009. Robert J. Trulaske, Sr. College of Business University of Missouri business.missouri.edu 39 Carl Bergmann (BS BA ’73) of Wentzville, Mo., October 14, 2008. David Callahan (BS BA ’74) of Bridgeton, Mo., March 22, 2009. Debra Boennighausen (BS BA ’77) of Lyons, Colo., December 11, 2008. William Burkhart (BS BA ’77) of Winston Salem, N.C., August 16, 2008. Delbert Wood (BS BA ’78) of St. Joseph, Mo., May 1, 2009. 1980s David Bueker (BS BA ’81) of Manhattan, Kan., April 14, 2009. Gregory Eisenhauer (BS BA ’81) of Alpharetta, Ga., November 29, 2008. Gerard Frye (BS BA ’81) of St. Louis, Mo., October 12, 2008. Tina Heimbaugh (BS Acc ’83) of Flint, Texas, November 5, 2008. Barbara Loveland (BS BA ’85) of Chesterfield, Mo., April 25, 2009. 1990s Jeffrey Hefele (BS Acc ’92) of Manchester, Mo., October 7, 2008. Cory Bryan (BS Acc ’96) of St. Louis County, Mo., November 9, 2009. 2000s Veneie Kea (BS BA ’08) of Kansas City, Mo., October 13, 2008. Sarah Prewitt (BS BA ’09) of Thayer, Mo., September 6, 2009. 1 2 ON THE BACK COVER 1 Aaron Stinnett, co-chair, at a Job Shadow Program event provided welcoming remarks. 2 Billie Cunningham is an associate teaching professor of Accountancy. 40 MizzouBusiness Business Leaders Enhance Students’ Education More than 150 executives taught and met with Trulaske College of Business students during the 2008-09 academic year. In doing so, they contributed significantly to the education of students. Our college prides itself on being at the intersection of rigorous academic programs and contact with the business world. We believe this intersection represents the distinctive hallmark of an MU business and accounting education. On behalf of our students, I extend appreciation to the business leaders listed below. – Bruce J. Walker, Dean Distinguished Alumni Lecture Scott CEO Forum Cy Harvey (BA ‘62) President and COO The Anschutz Company Denver, Colorado Jim Weddle Managing Partner Edward Jones St. Louis, Missouri Tom Lamming (BS BA ‘75) Advisor Telstra Englewood, Colorado Bill Zollars Chairman, President, CEO YRC Worldwide, Inc. Leawood, Kansas Jean McKenzie (BS BA ‘82) Senior VP of Learning Walt Disney Company Burbank, California David Novak (BJ ‘74)* Chairman and CEO YUM! Brands Louisville, Kentucky *via videoconference Edward Rapp (BS BA ‘79) Group President Caterpillar, Inc. Peoria, Illinois Jeffrey E. Smith Institute of Real Estate Fifth Annual Forum Vaughan Executive-in-Residence Howard Jacobson (BS BA ’62) President Paragon Capital Management Overland Park, Kansas Matt Ronken (BS BA ’92) Director of Marketing - North America Nestle Purina PetCare St. Louis, Missouri Orin Ethics Symposium Paul Sarbanes Former Senator U.S. Senate Baltimore, Maryland Schram Lecture in International Business View Past Talks Online For more information about the college’s Speaker Series and to watch previous lectures, visit business.missouri.edu/speakervideos Dennis Alberts (BS BA ‘71, MBA ‘72) President and CEO Silverstone Capital Group Dallas, Texas Bill Emmons Assistant VP and Economist, Division of Banking Supervision and Regulation Federal Reserve Bank of St. Louis St. Louis, Missouri Gov. Jay Nixon (BA ‘78, JD ‘81) Governor State of Missouri Jefferson City, Missouri Ronald Pressman President & CEO GE Real Estate Norwalk, Connecticut For information about the college’s programs or to recruit our graduates, contact us at 573.882.6768. Trulaske College of Business • University of Missouri • Cornell Hall • Columbia, MO • business.missouri.edu Versions of this ad ran in the St. Louis Business Journal and in the Kansas City Business Journal featuring area executives who served as guest speakers. NONPROFIT ORG U.S. POSTAGE PAID COLUMBIA, MO PERMIT NO. 319 408 Cornell Hall Columbia, MO 65211-2600 CONTACT INFORMATION Bruce Walker Dean 573-882-6688 Allen Bluedorn Associate Dean 573-882-0181 Mary Beth Marrs Assistant Dean 573-882-4562 Vairam Arunachalam Director School of Accountancy 573-882-3225 Dan French Chair Department of Finance 573-882-4300 Chuck Franz Director Study Abroad Program 573-882-7637 Tom O’Neal Executive Director Advancement 573-882-0865 Ratti Ratneshwar Chair Department of Marketing 573-882-3748 Joseph Hegger Director Smith Institute of Real Estate 573-884-9545 Matt Reiske Director Business Career Services 573-882-6574 Dan Turban Chair Department of Management 573-882-0305 Michael Holden Director Technology Services 573-884-6859 Alan St. John Director Missouri Training Institute 573-882-2864 Steve Ferris Director Financial Research Institute 573-882-9905 Phyllis Moore Director 150-Hour Accountancy Program 573-882-4463 Lynsie Steinley Director Professional Development Program 573-884-2004 Joe Stephens Director Crosby MBA Program 573-884-0700 Doug Tarwater Director Administration 573-882-7474