RUTGERS BUSINESS SCHOOL – NEWARK AND NEW BRUNSWICK Rutgers Business School–Newark and New Brunswick Rutgers, The State University of New Jersey 111 Washington Street Newark, New Jersey 07102-1813 business.rutgers.edu Dean’s Report • 2 0 0 4 – 2 0 0 5 RBS AT SEVENTY-FIVE 75-Year Retrospective • 1 9 2 9 – 2 0 0 4 Rutgers Business School NEWARK AND NEW BRUNSWICK RUTGERS, THE STATE UNIVERSITY OF NEW JERSEY School of Many Names Over the past 75 years, Rutgers Business School–Newark and New Brunswick, in whole or part, has been known by the following names: n Seth Boyden School of Business • 1929–1934 n School of Business Administration • University of Newark, 1934–1946 n School of Business Administration • Rutgers University, 1946–1966 n Graduate School of Business Administration • 1966–1977 n Graduate School of Management • 1977–2001 n School of Business–New Brunswick • 1986–2001 n School of Management • 1993–2001 n Faculty of Management • 1993–2001 n Rutgers Business School–Newark and New Brunswick • 2001–present It is the policy of Rutgers, The State University of New Jersey, to make the benefits and services of its educational programs available to students, and to provide equal employment opportunity to all employees and applicants for employment, regardless of race, religion, color, national origin, ancestry, age, sex, sexual orientation, disability, marital status, or veteran status. (Douglass College, as a traditionally and continuously single-sex institution, may, under federal law, continue to restrict college admission to women.) Questions concerning student rights violations should be addressed to Brian T. Rose, Associate Vice President for Student Affairs (732/932-7312). Questions concerning harassment or employment discrimination should be directed to Jayne M. Grandes, Director, University Harassment Compliance and Equity (732/445-3020, ext. 626). Produced by: Rutgers Business School–Newark and New Brunswick, Office of Communications and Rutgers’ Department of University Relations “This Just In” stock printers frequently fell enabled a single employee at experimental telegraphic shop. behind the transmitter by one or the main office to synchronize In 1874, just three years after stock printer (pictured on front more letters, exchange compa- all of the machines so that they the universal stock printer’s cover) is symbolic of Rutgers nies had to send employees to printed the same information introduction, Western Union had Business School–Newark and various offices to reset printers simultaneously. over 3,600 of them in service. New Brunswick’s 75-year tradi- that were running out of “uni- tion of innovation and excel- son.” Edison solved this problem n Thomas A. Edison’s universal lence in business education. Edison developed this device for a subsidiary of Western Union in 1871. Because existing The machine was produced in Newark, New Jersey—a major with one of his key contributions center for business and industry to printing telegraphy. Edison’s and birthplace of RBS—at screw-thread unison device Edison’s manufacturing and Information and photo courtesy of the Thomas A. Edison Papers, Rutgers, The State University of New Jersey. Historical Research: Dr. Carter Daniel Written by: Sandy Crisafulli, Carter Daniel, David Muha, Stacey Todd Peters, Mary Jane Steimer, Amy Vames Principal Photography by: Peter Byron (p. 16), Dennis Connors (pp. 8, 12, 20, 26, 32, 36), Nick Romanenko (pp. 2, 7) Support Photography by: Fabian Bachrach, Peter Byron, Citywide Corporate Photography, Nat Clymer, Dennis Connors, Alan Goldsmith, Roy Groething, Don Hamerman, Arthur Paxton, The Picture Desk Photo Communications, Nick Romanenko, Reginald M. Ward RU-0405-0039/30M Rutgers Business School – Newark and New Brunswick Rutgers, The State University of New Jersey Dean’s Report • 2 0 0 4 – 2 0 0 5 RBS AT SEVENTY-FIVE 75-Year Retrospective • 1 9 2 9 – 2 0 0 4 Contents Message from the Dean . . . . . . . . . . . . . . . . . . . . . . . 2 History . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 The “First” Dean . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 The First Alumnus . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 Women in Business . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 Alumni Association . . . . . . . . . . . . . . . . . . . . . . . . . . 12 Corporate Connections . . . . . . . . . . . . . . . . . . . . . . 16 Community Outreach . . . . . . . . . . . . . . . . . . . . . . . . 20 Faculty Excellence . . . . . . . . . . . . . . . . . . . . . . . . . . . 26 Global Enterprise . . . . . . . . . . . . . . . . . . . . . . . . . . . . 32 Theory and Practice . . . . . . . . . . . . . . . . . . . . . . . . . 36 The Fourth Quarter Century . . . . . . . . . . . . . . . . . . 40 Investing in RBS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 44 List of Donors . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 47 Corporate Boards . . . . . . . . . . . . . . . . . . . . . . . . . . . . 60 RBS at a Glance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 62 2 | Message from the Dean The story of Rutgers Business School–Newark and New Brunswick belongs to many. It has been written by dedicated alumni, faculty, staff, students, and community members over the last seven-and-a-half decades. Dozens gave their time and recounted their experiences to bring this anniversary retrospective to life. Beyond their ties to the school, the contributors shared in common a tremendous sense of pride in the institution and enthusiasm for what has been accomplished. Like any great success story, ours begins modestly. We were established in Newark in 1929 by Richard D. Currier, who initially envisioned us as a prelegal program for the New Jersey Law School. Our doors opened at the onset of the Great Depression, a period when many questioned the very economic principles we were teaching. World War II presented further challenges when the school saw declining enrollments as many students were called to serve their country as soldiers. We emerged from this difficult period and spread our wings. In response to changing times, conferences sponsored by the school dealing with a wide range of issues emerged in the late ’40s and helped develop synergies with the state’s business community. An alumni association was formed to serve as a professional network for the school’s growing number of graduates and to provide them with a forum to stay involved with their alma mater. And our students grew in quantity and quality. Master’s programs—which later became our sole focus for several decades— were added in the early ’50s and quickly flourished. In the ’60s, the curriculum was revised, placing strong emphasis on the mastery of modern theories and their application to specific business problems. During the ’70s, the faculty made the difficult transition from descriptive and service-oriented research to disciplined scholarly inquiry. In the process, a new PhD in management program was added that put us in the league of other nationally recognized research institutions. RBS continued to grow throughout the ’80s and ’90s. As it sought to acquire an international reputation and a diverse student body, it extended its reach around the globe. The hiring of top faculty from many countries, the growth of programs in Asia, and the development of conferences and collaborations throughout the world gave RBS an international dimension long before other business schools understood the importance and value of globally oriented education. These elements—a rigorous academic program, cutting-edge research, an international orientation, strong ties to business, excellent students, and active alumni—are the hallmarks of the RBS of today and the cornerstone of our future. As we build for tomorrow, we do so with great pride in all that has been accomplished. Much remains to be done and we are well positioned for the successes that will far surpass the exciting achievements of our first 75 years. RBS AT SEVENTY-FIVE | History The Roaring ’20s. A period of American history marked by unprecedented economic growth and optimism. can understand the social implications of business Demand for business education was strong, and decisions and the intricate interrelationships of Rutgers Business School was conceived to meet the modern world.” the need. Richard Currier, the school’s founder and presi- The business school opened its doors in September 1929, the close of a decade that fatefully coincid- the fact that the capitalistic system as we know it is ed with the end of its prosperity. on trial for its very existence.” But he was confident A month later the stock market that capitalism would survive and be made stronger crashed, marking the onset of a by the struggle. depression that would last The same would prove true for his nascent another 10 years. The need for business school. Through the Depression and the a quality business school had war years that followed, dedicated students and never been greater. faculty banded together to build the school and The point was not lost on Herbert C. Hunsaker dent, added: “We cannot fail … to face very frankly establish a solid foundation for what has become Dean Herbert Hunsaker, who told Rutgers Business School–Newark and New the school’s first graduating class Brunswick. Seventy-five years later, RBS is recog- that the challenges of the day demanded a new type nized as one of the best institutions of its kind in of businessperson. “We desperately need men and the country. women of broad training—men and women who 1929 Founding a bachelor of science in secretarial work, the dis- President Currier’s initial business administration and tinction of having created vision was modest: to cre- a bachelor of science in for it a scholastic degree. ate a prelegal program that secretarial studies, and to The proposed bachelor of would support the New call the proposed school science program in secre- Jersey Law School, which the New Jersey School of tarial studies consequently he founded in 1908. It was Business Administration. was not approved. becoming common in the His application was mid-’20s for law schools to require entering students to have at least two years of college work, if not full Richard D. Currier Currier soon realized, But the board did grant partly successful. The legis- the right to offer a bachelor lature had recently passed of science degree in busi- a law forbidding any private ness administration, and on school from thenceforth May 18, 1929, the future undergraduate degrees. however, that there was a using the words “New Rutgers Business School– Since no other college in real demand for business Jersey” or “State” in its title, Newark and New Brunswick the Newark area was filling courses. Accordingly, the so the proposed name had was born. this need, the law school entrepreneurial-minded to be changed. Second, the started offering a year of New York lawyer petitioned board had adopted a policy prelegal courses. the State Board of Educa- of not granting any “occu- tion for permission to offer pation or calling,” such as 3 4 | DEAN’S REPORT • 2004–2005 1929 Seth Boyden School of Business 40 Rector Street, with the ence, psychology, secretar- New Jersey Law School and ial studies, and sociology. When the proposed Dana College. Tuition and fees for a full- name, the New Jersey The four-year program time student amounted to School of Business Adminis- featured courses in $283 for two semesters, or tration, was forbidden, the accounting, business law, $191 for part-time evening alternate chosen was that economics, English, finance, students. The school of a distinguished Newark geology, history, insurance, attracted well over 500 citizen—inventor Seth management, marketing, students by 1933. Boyden. The school shared modern foreign languages, its first home, the former Seth Boyden philosophy, political sci- Ballantine Brewery at 1934 School of Business Administration Business Administration. The Great Depression George Esterly, a professor a steady decline in which it was not the school’s only of accounting at the school, lost more than 40 percent major challenge. In January became its first true dean. of its students. Part of the 1933, Rutgers President He took the reins from decline was a deliberate Robert Clothier proposed Herbert Hunsaker, a pro- result of raised admission that his school—then a fessor of English and drama standards. Part was due to medium-sized private insti- who had held the position the increased number of tution based in New until a suitable replacement Brunswick—annex Currier’s was found. Newark colleges. While the increase in enrollment in The following year, Under Esterly’s leader- 1937–38, the school began George R. Esterly competitor institutions in the area, several with lower so recognized. Accredi- tuition costs. And still merger did not take place, ship, the school rose in tation by the American another part was the sharp the smaller schools realized prominence. In 1937, Delta Association of Collegiate drop in the number of they were vulnerable to Sigma Pi, one of two na- Schools of Business was women students, from takeover and competition, tional honorary business granted in May 1941. When more than 16 percent of and so immediately began societies, acknowledged the the accounting program enrollment in 1937–38 to planning to band together school’s quality by estab- received full recognition a less than 3 percent in to gain strength. In 1934, lishing a chapter at the few years later, the school 1940–41. (For more on the Seth Boyden School of University of Newark. Four became the only fully women at RBS, see accom- Business became part of years later, in February accredited business school panying story starting on the newly formed University 1942, the other, Beta in New Jersey. page 8.) of Newark and was Gamma Sigma, did likewise, renamed the School of making the university only Despite the rising quality of the program and a strong the 46th in the nation to be 1941 The World War II Years faculty had to double some courses on location their teaching and at Fort Dix, and even World War II produced activity loads. granted degrees to senior- Like the rest of further hardships for year students who were the struggling school. the university, the called into service before Enrollment was shattered, school taught some the end of the semester. the faculty was cut nearly special wartime in half as professors served courses, offered its provisions, including the regular courses to special courses offered for students in the mili- the army and the navy, tary by correspon- brought revenue to the uni- in various capacities in Washington, D.C., course offerings were greatly From 1929 to 1948, 40 Rector Street was home to RBS. None of the wartime reduced, and all plans for Price Administration, Civil dence, accelerated some versity, and the result was the future were set aside. Service Commission, and courses in order to fit constant financial crisis. With professors serving in Bureau of the Census, the tighter schedules, taught the Treasury Department, remaining members of the State Department, Office of HISTORY 1946 Merger with Rutgers University of the State of along with the rest of the The struggles during the New Jersey and a State University of Newark, Depression and war years University of Northern New became part of Rutgers eventually led university Jersey. The possible merger University. administrators to realize with Rutgers was revisited that things could not go on and eventually emerged as they had. Proposals as the favored plan. On were floated for a July 1, 1946, the School of From 1948 to 1973, 18 Washington Place was home to RBS. Business Administration, 1950 Establishing the MBA Program favorably to the proposal, but war inter- immediate success. By Freed from the day-to- vened and the plan 1952, the year the first MBA day struggle for financial was shelved. In degrees were awarded, survival, RBS could set 1948, both an MBA there were more than 225 longer-term goals. Key and an MSB—a graduate students in the among them was establish- shorter program for program. It grew fast, ing a graduate program. students who had and by 1957, it awarded studied business as one-fifth of the master’s undergraduates— degrees in the entire uni- were proposed. The versity and had become This was not the first time the idea had surfaced. First MBA students It was first discussed in The program was an September 1941, when a to study the feasibility of a latter degree was soon the 11th largest MBA pro- committee was appointed graduate program in taxa- dropped, but the MBA sur- gram in the nation. tion. The state had reacted vived. The first students were enrolled in 1950. 1954 MBA in Professional Accounting studied it at the undergrad- backgrounds and were uate level. This was a way better equipped to relate Four years after launch- for liberal arts students to to people on a variety of ing the MBA, the school learn a profession, like levels. added a second graduate medicine or law, at the program—a master’s in pro- graduate level. The business school earned national recognition Von Minden made for the program. Ten years sor William von Minden, a recruiting trips to leading after its founding, the pres- practicing accountant highly colleges and universities tigious Journal of Account- esteemed in the metropol- throughout the region, itan area accounting com- attracting quality students munity, devised the degree who wanted an alternative Professor Louis German, about individual schools, for students with a liberal route to an accounting who assisted von Minden made an exception. In arts background. career. The program also with student recruitment, 1964, it ran a glowing quickly became popular remembers that employers account of RBS’s program first of its kind in the United with accounting firms who appreciated the fact that that recognized von States. Colleges had taught recognized its quality. liberal arts graduates from Minden’s accomplishments. fessional accounting. Profes- The program was the accounting since the 19th | ancy, which had a policy William J. von Minden against publishing articles top institutions had broad century, but most students History Continues Learn more about RBS’s growth and achievements during its 75-year history throughout this report. 5 6 | The “First” Dean For nearly 40 years, Dean George Roberts Esterly and the School of Business Administration were inseparable. In the 1936 year- most effective means of evaluating both the applicants book, students said of him, “The faculty consisted of for admission and the students once admitted, and the one man.” Those who knew him say that he was the optimal allocation of faculty effort. He was planning school. Many consider him to be Rutgers Business for a master’s degree program a full decade before it School’s first true dean. materialized, and for a doctoral program nearly two Esterly was described in the yearbooks as a “devoted friend to every student of business within the university,” as well as a model professor and a valued adviser. The impact that Esterly had on people is typified by the story of a disillusioned young textbook salesman Students affectionately who visited him in 1927. In conversation with Esterly, referred to him as “Uncle who was then a new instructor at the University of George” and, in turn, he Pittsburgh, the man unburdened his despair about knew them all by name. the tediousness and hopelessness of his job. Esterly, Despite his genial seeing promise, took the young man to lunch and nature, Esterly insisted on encouraged him to stick with his work. The man— the highest academic and whose name was Richard Irwin—did, and went on to deportment standards. In become the world’s largest publisher of business several reports, he pointed books. In his memoirs, Irwin specifically points to out to the faculty that they his lunch with Esterly as the turnaround moment in were getting too lenient in his career. their grading and urged George R. Esterly decades in advance. Despite his many accomplishments, Esterly them to maintain strict remained humble. In his writing, he never referred to standards. In one typical himself as the leader or the head of the school; he was letter to a student’s parent simply “your coordinating officer.” He believed it was in 1939, he praised the student, but pointed out that his “a true privilege” to serve with the university’s distin- grade-point average fell just short of what would have guished faculty and took pride in a student body that been required for financial aid. When the Business had “excellent organizational ability and fine values.” Luncheon Conferences began in 1946, he insisted that “Though the days do not have hours enough for the the students wear coats and ties—legend has it that a work to be done,” he wrote, “so long as a belief exists student who dared to come in with a battery-operated that the job is worthwhile, that its services are valuable, light-up bow tie was unceremoniously evicted. and that all engaged in the activity are giving their Esterly possessed a clear vision of what he would fullest and finest efforts, honestly, unselfishly, and loy- like his fledgling business school to become. His annual ally to the task, then the hours of work are hours of reports contain thoughtful discourses on the ultimate sheer joy.” purposes of the school, the most appropriate governance structures to help it achieve those purposes, the RBS AT SEVENTY-FIVE The First Alumnus “Bernie is the original ‘A’ student of the college, the pilot of his class.” That’s how Zients was the first in his family to seek a college classmates of Bernard Zients (BS ’33) described their education. “Like everybody else at that time, we were class president in the 1933 school yearbook. One of poor,” he remembers today. “I applied to Michigan eight students in RBS’s first graduating class, Zients and Maryland, but I couldn’t get there because I didn’t played an active role in building the school. He was have any money. They founder and president of Pi Mu Epsilon honor frater- were starting this school nity, editor of the yearbook and school newspaper, and since I lived here, I and an outstanding student. went here.” He worked in area department stores by day and played piano in a dance band at night to pay his tuition. After graduating summa cum laude, Zients Bernard B. Zients in 1933 decided to continue his education. “I applied to Columbia’s MBA program and didn’t get in. So Dean George Esterly said, ‘I’ll get you into Harvard,’ and he sure did.” Comparing the two schools, Zients says, “The students here were more enthusiastic and dedicated than at Harvard. The classmates I had here helped me throughout my career.” Zients went on to have a long and distinguished career in the retail industry, eventually serving for nine years as president of Gimbels New York and as a director of numerous corporations. Seventy-five years after first coming to Rutgers, he hints that he might be ready to return. “What I regret most was that when I was graduated from Harvard I had more than enough credits to get my degree. I could have stayed on and got a doctorate. Now I’m looking to where I can get a PhD in short order.” He adds with a laugh, “Do you know a place?” Return to Rector Street • On December 16, 2004, Bernard Zients returned to 40 Rector Street, the original home of RBS, for the first time in almost 70 years. “It doesn’t smell anymore,” he observed. Many early alumni remember the building, which was originally a brewery, having a lingering aroma of beer. | 7 8 | DEAN’S REPORT • 2004–2005 Prescription for Success • Jennifer Flynn Uptegrove, pictured at Hoffmann-La Roche in Nutley, New Jersey, is an industry scholar in the RBS pharmaceutical management MBA program. As part of a summer internship, she completed a thorough analysis of opportunities for one of Roche’s existing products in new disease areas. Uptegrove plans to accept a position in the company’s Leadership Development Program after graduation in spring 2005. RBS AT SEVENTY-FIVE | Women in Business “For the ambitious, capable girl, it is evident that there is hardly a better opportunity in business than that which is found at the side of the chief executive.” wrote about her intention to work in business and So said a promotion for the secretarial studies pro- travel worldwide. Her professor quickly commented, gram, Rutgers’ first business education option for “nice dream.” For Johnson, it was not a dream; it was women. Women are such an integral part of the an attainable goal. 21st-century business world that it is hard to imagine To reach that goal, Johnson returned to New Jersey a time when this statement might have been consid- and, in September 1949, walked into the business ered an effective marketing pitch. Rutgers Business school orientation. Only when Dean Esterly greeted School in the early ’30s did, unfortunately, reflect soci- her with, “You must be Beverly,” did she realize she etal biases. Men enrolled in the bachelor’s program; was the only female in a class of 120 students. women earned a secretarial certificate. Men partici- “My classmates welcomed me and treated me pated in honor fraternities and rubbed elbows with equally and fairly,” shares Johnson. “I worked hard and area business leaders; women had a “Girls’ never expected leniency. They respected that, and I was Association,” which was known for its annual event, part of their brotherhood—in and out of the classroom. the February Fashion Review. I remember one time they even invited me to the By the 1937–38 academic year, the outlook was improving. Women made up an impressive 16 percent Majestic Theater to see a burlesque show.” In 1951, with her bachelor’s degree in hand, of the student body and were starting to enroll in the Johnson embarked on a remarkable career in market- bachelor’s program. But these advances were short- ing that spanned five decades. She not only met the lived. The percentage sharply declined to only 3 per- challenge of succeeding in a business world dominated cent by 1940–41. According to Dean George Esterly, by men, she did so in highly technical industries—from families forced to choose between educating a son or a petroleum and electronics to aerospace and comput- daughter were choosing the son, since he would ensure ers. As the director of advertising and public relations a better return on their investment. for Century Data Systems, she launched the ad campaign that introduced the first floppy disk to the mar- Breaking New Ground ketplace. With her reputation for innovation and While the shift from the secretarial pool to the board- success, businessmen began calling on Johnson to room evolved slowly, tenacious and determined promote their companies and help them launch new women made strides each decade. During the ’30s and computer-related products. What began as a sideline ’40s, when the first females began striving for educa- business quickly grew into a full-time enterprise. In tional equality, Beverly Johnson (BS ’51) was growing 1972, she established BJ Johnson and Associates. up in nearby Roselle Park, New Jersey. After graduating For the next 20 years, Johnson specialized in getting from high school in 1947, Johnson began pursuing a small and medium-sized companies opportunities to journalism degree at a liberal arts college in meet with decision makers. In 1975, as a way to gain Pennsylvania. For a creative writing assignment, she exposure for her clients, she created one-day technical 9 | DEAN’S REPORT • 2004–2005 seminars and exhibitions—at that time a revolutionary exchange, she became a global presence and worked way to bring together buyers and sellers. These semi- with industry executives and government officials nars, known as Invitational Computer Conferences, worldwide. Yet, during a visit to Houston to meet with expanded to Europe and Asia and established Johnson an oil company executive, she was greeted with, “What as a worldwide leader in business-to-business marketing. can I do for you, little lady?” McFadden overcame such biases and went on to Fighting for Equality lead the exchange for six years, during which time it Twenty years after Beverly Johnson walked the halls of was the first exchange invited into Moscow after the RBS, women were still an uncommon sight. The fall of the Berlin Wall. She remained a force in the women’s movement of the ’60s and ’70s laid the foun- expansion of global financial markets throughout her dation for today’s businesswomen. But in the early career. As the director of global business development ’70s, when Rosemary McFadden for DLJ (now CSFBdirect), an online brokerage firm (BA ’70, MBA ’73) pursued her MBA that is part of Credit Suisse First Boston, she led the at Rutgers, fewer than 5 percent of company’s first-ever international expansion strategy MBAs nationwide were awarded to females. McFadden recalls that 10 to 15 percent of her Rutgers class were women, a noticeable improvement There is a definite mindset among female students that we can do over Beverly Johnson’s experience, Beverly J. Johnson in 1951, one of only two women in that year’s graduating class. but discouraging compared to today’s nearly 50-50 balance. When she began her career, women played a role in the business world—most often as sec- anything we want—and Rutgers supports that attitude. retaries, rarely as members of the managerial staff. Despite facing limited opportunities and discrimi- 1964 and launched online trading in Japan—despite the nation, McFadden set a new benchmark for female nation’s notorious gender discrimination. She dupli- business executives. She became the first woman to cated her efforts and initiated online trading in head any U.S. stock exchange when she was elected London, Hong Kong, and the Middle East. president of the New York Mercantile Exchange in 1984. History 10 While McFadden acknowledges that the past 30 As the leader of the world’s largest energy futures years have brought new opportunities, fostered more Graduate School of Business Administration/ Graduate School of Management Those in favor of this obligation to teach students during the four years from change pointed out that whatever subjects they 1961–64, sending future institutions such as Harvard, wanted to study and that bachelor’s students to the Dartmouth, Chicago, and elitism was incompatible Newark College of Arts and Stanford had only graduate with its public mission. Sciences. The School of The school increasingly programs, and that Rutgers Research supported that Business Administration emphasized its graduate would be joining an elite contention and showed then became the Graduate programs—and with good group if it followed suit. A that only four state univer- School of Business Adminis- reason. Since near the major report from American sities in the nation did not tration. (It was renamed beginning of the MBA pro- Association of Collegiate have undergraduate busi- the Graduate School of gram in 1950, graduate Schools of Business further ness programs. Management in 1977.) More enrollment had exceeded showed that many other undergraduate. By 1954, the suggestion had been made After considerable than three decades would business schools were con- debate, the school went pass before it would again sidering that direction. ahead with the plan, despite have an undergraduate division. that the school should dis- Opponents, however, controversy. It phased out continue its undergraduate pointed out that Rutgers, as its undergraduate program program and become exclu- the state university, had an sively an MBA school. WOMEN IN BUSINESS confidence, and created a better culture for women, there are still not enough women in top-level positions. “We must increase the number of women in the pipeline and encourage them to seek the corner office,” she proclaims. “The keys to succeeding in business are the same for men and women—be openminded, be flexible, and always be willing to learn.” While the shift from the secretarial pool to the boardroom evolved slowly, tenacious and determined women made strides each decade. The 1932–33 Girls’ Association To pursue her MBA, she relocated from North Carolina to New Jersey, the premier location for the U.S. pharmaceutical industry, and enrolled at Rutgers. She was accepted into the Industry Scholars Program, a prestigious program offered to no more than 16 students each year. During her MBA studies, Uptegrove Representing Today’s Generation completed internships at Bristol-Myers Squibb and Rosemary McFadden also believes that today’s genera- Hoffmann-La Roche. After graduation, she intends to tion of women has no hesitations about attending work for a pharmaceutical company. “My goal is a business school and that they fully expect to succeed position in a public policy department where I can alongside men in the workplace. Jennifer Flynn influence our country’s approach to health care and Uptegrove, a second-year student in Rutgers’ MBA drug coverage,” she says. program, certainly fits this profile. While she sees wide open doors right now, she “There is a definite mindset among female stu- does contemplate future choices. “I think the biggest dents that we can do anything we want—and Rutgers concern facing women of my generation is ensuring supports that attitude,” shares Uptegrove. “Although a work-life balance,” she explains. “We’ve worked there is a Women in Business club, diligently to establish fulfilling careers, but we want we concentrate on more general fulfilling personal lives, too. We wonder if taking time business issues and how we can off for a family will hamper our climb up the corpo- reach our goals. We’re not focused rate ladder.” on potential roadblocks due to gender.” Uptegrove, who is concentrating Rosemary T. McFadden Each generation has faced a new set of challenges. But as business programs and corporate attitudes continue evolving to meet the changing marketplace, the in pharmaceutical management, goal continues to be a fair, balanced, and welcoming has built a solid foundation of workplace for all workers. professional experience and is confident about her career oppor- tunities. After completing her undergraduate degree in social psychology at the University of North Carolina– Chapel Hill, she accepted an outcomes research job in the pharmaceutical industry. She soon realized an MBA would give her more career options and better opportunities for advancement. | 11 12 | DEAN’S REPORT • 2004–2005 Benefit of Experience • MBA candidate Anurag Thakore (left) has a background in information technology and the desire to pursue a career in the pharmaceutical industry, and alumni mentor Mike Williamson (MBA ’01), a sales automation service manager at Bristol-Myers Squibb, is helping him chart the way. RBS AT SEVENTY-FIVE Alumni Association World War II had scattered Rutgers’ School of Business Administration graduates around the globe, and Dean George Esterly was determined to bring them back together. less, we always wore a jacket and tie. As Dean Esterly To fulfill his resolution, he asked a group of Delta always said, ‘you act the way you dress.’” Sigma Pi brothers to charter an alumni association Two of the alumni association’s initial milestones for the school. That alumni organization’s core mission occurred under Graf’s presidency. In 1954, the organi- remains steadfast more than a half-century later. As zation awarded its first student scholarship in the today’s business world dictates busy schedules and amount of $200. Later that year, it transformed one of uncountable priorities, the Rutgers Business School its routine meetings into a professional gathering that Alumni Association facilitates connections for its featured a debate on social security. The event met members—to each other, their alma mater, and with great enthusiasm and initiated a lasting tradition. RBS students. A Time of Progress and Change The Early Years The energy displayed by the alumni association’s April 26, 1947 • Dinner organization meeting of the founders continually drew new members throughout alumni is held in the Rutgers Room of the Military Park the next decade. The Spring Dinner Dance, a lavish Hotel in Newark: 116 graduates and guests attend; affair, evolved as a highlight of its activities, serving as 82 paid memberships are secured. Gilbert Georgeston an annual meeting with officer elections, awards, and is elected president. — From the official minutes of honors. The scholarship fund increased in value while the Rutgers Business School Alumni Association. networking meetings and business events brought The alumni association’s early mission, as defined in its 1948 constitution, sought “to advance the cause of members together on a consistent basis. “When I became involved in the early ’60s, a small, higher education, to promote the welfare of Rutgers stalwart group of founding members was guiding the University School of Business Administration and indi- alumni association,” recalled Michael Tuosto (BS ’62, vidual alumni, and to foster the interests and friendship MBA ’65), who today serves as general manager of of the members … to aid the university and extend its public affairs for PSEG. “They were quite serious about influence.” Simply stated by Herman Graf (BS ’41), an what they wanted to achieve as representatives of the association founding member, past president, and cur- Rutgers School of Business Administration.” rent trustee, the group worked to give back to the school. When the school phased out its undergraduate The alumni association’s fraternal roots established program in the mid-’60s, the character of the alumni an atmosphere of professionalism and dignity that was association also began to change. “Many old-timers reflected in all its activities. Meetings took on a strict were first-generation college students, while all of business format, and country clubs served as the set- the new members were MBA graduates,” Tuosto ting for the group’s formal Spring Dinner Dance. explained. “This created a bit of a generation gap.” “We would hold meetings anywhere—on a front porch, in a hallway at the school,” Graf said. “Regard- Still, the older alumni respected the young people and recognized them as the future of the association. | 13 | DEAN’S REPORT • 2004–2005 “But they were tough,” Tuosto noted. “They had stan- progress, societal transformations, and changes in the dards, and if you accepted a task you were expected to business world. Today, the association serves graduate do it right. They were executives with families and and undergraduate alumni from multiple campuses other commitments, but they never missed a meeting. and is active in the Rutgers Alumni Federation, an These seasoned business people were mentoring us Homecoming circa 1972: The RBS table was always the “best of the best.” affiliation of 19 Rutgers alumni associations. The Rutgers Business School Alumni Association informally by teaching us life Board includes some 50 trustees elected by the 2,000 lessons about the profes- alumni that comprise its membership. Reflecting New sional world.” Jersey’s rich diversity, the group represents many cul- During the ’70s, Tuosto tural backgrounds. From a professional perspective, served as alumni association the number of entrepreneurs and small business own- homecoming chairman. He ers has increased significantly in recent years. They recalls that event as a prime join a varied group of executives, middle management, example of the organization and recent graduates in a wide range of industries. upholding these high stan- “The scope of our membership mirrors the business dards. “Alumni groups from the different schools would school, the university, and the professional world set up refreshment tables on the president’s lawn today,” said current association president Jacquelyn S. before the homecoming game,” he said. “It was very Freedman (MBA ’92), a small business owner. “It is casual, with the exception of our table. We had an wonderful because it generates an array of opinions expansive spread and a full bar with a selection like and valuable input.” none I’d ever seen before. Word soon got around, and Social and business programming continues as the business school alumni association became a main avenue for bringing RBS alumni together. famous—or maybe infamous. We wanted people to From cultural outings and networking events to pro- view us as the best of the best.” fessional development programs, many opportunities throughout the year are met with strong attendance Building Strength with Growth and Diversity While professionalism, quality, and pride remain cen- 1966 History 14 and praise. In addition, growing emphasis has been placed on tral in the alumni association’s activities, the nature of members’ connections with the business school and its the organization has evolved commensurate with RBS’s students. The alumni association supports groups like Charting a New Course the country. After a two- pate in graduate admissions year search, the task fell to events across the country. The discontinuation of the Horace DePodwin. The result was a steady, undergraduate program was DePodwin, who had accompanied in 1961 by the served on the White House including graduates in the inauguration of a full-time, staff of President John F. top third of some of the day MBA program. This new Kennedy, worked as a finest colleges and universi- emphasis on graduate edu- chief economist at General ties in the nation. cation wasn’t the only major Electric, and had taught at change. In 1964, George Rutgers both in the eco- Esterly retired after serving nomics department and at nearly 30 years as dean. the business school, saw the inception of the full- faculty from leading busi- Rutgers President two priorities as essential time program. In its first five ness schools such as Mason Gross set an ambi- to achieving this aspiration: years, the number of stu- Harvard and the University tious goal for Esterly’s suc- attracting a critical mass of dents fluctuated between of Chicago. (For more on cessor. He wanted the new full-time students and hiring as few as two dozen and faculty excellence at RBS, dean to transform the faculty qualified to teach at as many as 88. An intense see story starting on school into one of the lead- the graduate level. recruitment effort was page 26.) ing graduate programs in Enrollment had been an issue for the school since dramatic influx of students, The growth and stature Horace J. DePodwin initiated that called for the dean and faculty to partici- of the full-time program later helped RBS recruit ALUMNI ASSOCIATION the Career Services Board, and in 2004 sponsored Squibb. “Mentoring is a great opportunity to help tuition for two participants in Camp Start-Up, a week- students increase their probability of success through long summer program for young women. career coaching, counseling, and feedback.” Association members also actively participate | Williamson’s skills set, which combines technology in a popular mentoring program run by the school. and pharmaceutical industry experience, presented a Financial support for students has grown as well. In perfect mentoring match for Anurag Thakore. A current 2004, the alumni association awarded its own scholarships and contributed additional monies to other established scholarships at Rutgers. Like the early alumni association board, the current leadership recognizes the importance of the next generation. “We are working to show students how we can help them and how they can become involved even before they graduate,” Freedman said. “To that end, last year we added four student positions to our board.” With its far-reaching These seasoned business people were mentoring us informally by teaching us life lessons about the professional world. involvement, the alumni May 9, 1964: The Alumni Association’s Spring Dinner Dance was a formal affair. association has become an MBA candidate on the New Brunswick/Piscataway increasingly vital component campus, Thakore entered the business school with five of the Rutgers Business years of IT experience, an interest in the pharmaceuti- School. In 2003, an open cal industry, and a strong desire to enhance his core invitation to attend Dean competency. “I wanted to open doors for senior man- Tuckman’s Board of Advisers agement positions in the future, yet I did not have a meetings was extended to clear picture of where I should be heading,” Thakore the group. “We are pleased said. “Through the mentoring program, I have been and honored by this inclusion,” Freedman noted. “It able to leverage Mike’s experience as an alumnus and a shows us that Rutgers recognizes how serious we are in successful businessperson. He has guided me to con- our commitment to the business school. And it pro- centrate on aspects I might have missed if I were on vides us with yet another avenue to connect our mem- my own,” he added. “This has given me immense con- bership with this great institution—its current activities fidence and also broadened my horizon. If I have any and its future progress.” concerns about a situation and need a third-party opinion, he is available. Our rapport enables a free • Mentoring Program Highlights exchange of ideas and interests, and that kind of inter- Alumni-Student Connections action is of great value to me.” The desire to give back and stay involved represents Recently, Thakore won an internship at a major a common thread in every Rutgers Business School pharmaceutical company, an achievement that he Alumni Association endeavor. It comes as no surprise, credits to Williamson’s support. As for the future, then, that the association quickly embraced a formal Thakore is looking forward to his own opportunity to mentoring program launched by the school in 2003. serve as an alumni mentor. Today, 100 association members are mentoring under- “I want to provide the same type of value-added graduate and graduate students on the Newark and guidance that I have received,” he said. “As a future New Brunswick/Piscataway campuses. mentor, I will draw upon my experience with Mike “So much of what I have achieved thus far in my career has stemmed from asking questions of experienced people,” said Trustee Mike Williamson (MBA ’01), a sales automation service manager at Bristol-Myers to help someone else discover and achieve their career objectives.” 15 16 | DEAN’S REPORT • 2004–2005 Career Connections • New Brunswick/Piscataway undergraduate Sujata Rachakonda will join Merrill Lynch as an analyst in the company’s CFO program following graduation in spring 2005. She first met her future employer at the RBS Internship Fair. That event, organized by students for students, turns the school’s corporate and alumni connections into careers. RBS AT SEVENTY-FIVE | Corporate Connections On December 23, 1932, a group of enterprising students approached Dean Herbert Hunsaker with an idea to establish a Business Forum. York Governor Averell Harriman, and distinguished The forum would provide contact with area executives pharmaceutical CEO Robert Wood Johnson. and serve as a contrast to the theory learned in the In 1949, Esterly teamed with two prominent execu- classroom. Twenty-five students signed up for what tives—Peter Bove of New Jersey Bell and Frank Pesvic of was one of the school’s first efforts to involve the cor- New Jersey Gas & Electric—to stage an event that had porate community. two purposes: to promote New Jersey business and gen- Today, Business Forum is a formal part of the cur- erate proceeds for a scholarship fund. For more than riculum for RBS undergraduates. More than 600 take half a century, the annual New Jersey Business Lunch- the two-semester course each year. “It prepares them eon Conference was the state’s premier business event. to pursue careers and provides a perspective on differ- “It was intended to be top grade, and it always was,” ent industries as seen by leaders in those industries,” recalls Esterly’s successor, Dean Horace DePodwin. “If says Associate Dean Martin Markowitz. you read the programs from over the years, you’d see Business Forum has grown over the years as have the names of some of the most distinguished individ- RBS’s corporate connections. The resulting relation- uals in America.” Speakers included President Gerald ships have helped the school elevate its stature and Ford, then-Arkansas Governor Bill Clinton, Disney enrich its curricula, while benefiting students, faculty, Chairman Michael Eisner, Nobel Laureate Arno Penzias, and the companies that participate. NBC newsman Tim Russert, U.S. Army General H. Norman Schwarzkopf, and every Garden State governor Early Efforts who served during the conference’s 52-year run. In September 1946, Dean George Esterly inaugurated a Business Luncheon Conference series at Newark’s Corporate Boards Robert Treat Hotel. These events, which were held reg- At the time of the merger with Rutgers in 1946, Esterly ularly for more than two decades, allowed students to was denied the right to have an advisory council of interact with business leaders in a formal setting. “Each prominent business executives out of fear that such a table had a student host and a member of the business council might interfere with the governance structures community,” recalls Howard Neu (BS ’51). “It gave us in place at the university. Today, per Dean Howard an opportunity to ask questions and practice proper Tuckman’s initiative, the school has six boards—a main etiquette. It was also good public relations for the Board of Advisers and programmatic boards for school because the executives got to see the quality of accounting, finance, supply chain management, phar- our students.” The luncheons drew top executives from maceutical management, and career management— Prudential, General Motors, General Foods, and other each providing practical support and leadership. leading companies. Guest speakers included New York Several additional boards are planned. Federal Reserve Chairman Beardsley Ruml, Studebaker President Paul Hoffman, ambassador and future New “Northern New Jersey has a wealth of companies and talent,” says RBS Board of Advisers Chairman 17 | DEAN’S REPORT • 2004–2005 Jim Courter, IDT vice chairman and CEO. “The boards have allowed Rutgers to tap this resource effectively. Members contribute in their own ways—sharing their knowledge with students, offering advice on how to keep the curriculum alive and vital, helping the school to expand its contacts, and providing jobs and internships.” Faculty Collaboration Len DeCandia (MBA ’87), chair of the school’s supply February 29, 1956: Business Luncheon Conference head table chain management advisory board and a senior vice president at AmerisourceBergen, is collaborating with can get you into serious trouble.” Lei is confident that Professor Lei Lei on a unique textbook for MBA stu- their book will help students succeed in the fast-paced dents. “Most textbooks are written by faculty,” notes Lei. business world. “If the book captures DeCandia’s first- “But supply chain management is a field where practice hand experience and my academic knowledge, we will is way ahead of academic research. Industry is moving be offering our students the best,” she says. so fast it keeps generating new problems.” That creates 1967 a gap between theory and practice that their text will Building Programs attempt to fill. “We have complementary skills and In January 1999, Clyde Rush, senior vice president for knowledge bases, which make for a pretty powerful strategic staffing at Bristol-Myers Squibb approached combination,” says DeCandia, an experienced supply Dean Tuckman about creating a specialized MBA in chain professional. “Lei validates with numbers what is pharmaceutical management. With the active partici- intuitively right to me. Sometimes there’s a natural ten- pation of an advisory board representing 10 industry dency in business to be overreliant on intuition, which leaders and the HealthCare Institute of New Jersey Increasing Minority Enrollment that allowed them to see country. The effort was led tion for graduating better the campus and learn about by Alfreda Robinson, the than 95 percent of the Outside the campus walls, Rutgers’ business programs. school’s dean of admissions, African-American MBA can- economic and social condi- In addition, RBS representa- and resulted in strong rela- didates who enrolled—a tions in Newark had been tives—faculty, staff, and tions with each of these statistic that further aided deteriorating for some time. students—recruited at his- schools. recruitment. The riots of July 1967 were torically black colleges and the community’s response. universities across the Later that year, RBS Once enrolled, minority These efforts led to students found an environ- a dramatic and lasting ment that fostered success. increase in minority enroll- administrators met with African-American alumni ment. By the 30th anniver- minority students to hear played an important role, sary of the riots, RBS their concerns. The discus- helping tutor students to earned the distinction of sion underscored the reality ensure they were prepared having graduated more that RBS had very few black for exams. Alumni also African-American MBAs students, so a major recruit- organized career fairs and than any other graduate ment effort followed. provided candid feedback school of management in on employers. Rutgers the country. The school brought educators from southern col- History 18 quickly developed a reputa- leges to Newark for visits Louis T. German and student Entrepreneurship and Community Outreach the business skills and sup- Many entrepreneurs who community outreach and port needed to rebuild their went through them estab- entrepreneurship. (For more The school also respond- communities. These pro- lished businesses that con- on RBS’s outreach efforts ed to the 1967 riots with a grams had a lasting impact tinue to prosper. At the see accompanying article powerful set of initiatives on the city and the school. school, these programs cre- starting on page 20.) aimed at giving residents ated a lasting tradition of CORPORATE CONNECTIONS (HINJ), RBS crafted a program that capitalized on a number of studies, and looked at best practices at geographic advantage. “Because the industry is con- other schools. “It was clear to us that the New centrated in New Jersey, we were able to create an Brunswick undergraduates were underserved,” says enduring partnership,” says Professor Mahmud committee member and Distinguished Executive-in- Hassan, the program’s director. “Our Residence Dick Romano, former corporate vice presi- sponsors provide scholarship sup- dent of AT&T. The committee’s recommendations led port, host monthly seminars, and to the creation of a position for a dedicated placement offer valuable internship opportu- person to meet the needs of the business students nities; their executives helped located there as well as a change in focus and leader- shape the curriculum, teach in the ship in the MBA Office of Career Management. program, and interview every schol- September 26, 2003: Merck Chairman, President, and CEO Raymond V. Gilmartin addresses RBS pharmaceutical management students as part of a series of industry-hosted seminars. Distinguished Executive-in-Residence Dexter Earle, arship candidate.” The industry a retired partner with Goldman Sachs, has also lent a benefits as well. “This program was hand, helping the MBA career management office intended to attract senior manage- implement a new résumé format, improve connections ment candidates to the industry with alumni, and build credibility with key Fortune 100 and we believe that it is meeting its purpose,” says Bill Healey, HINJ’s executive vice president. “Many graduates have already been placed with our member companies.” These alumni will play a prominent role in evaluating the program and fine-tuning the curriculum for the future. Distinguished Executive-in-Residence John Reck, former area managing partner with Ernst & Young and chair of the RBS accounting advisory board, is helping to shape the accounting curriculum. In order We’re helping students realize their potential as well as ensuring that industry leaders recognize Rutgers as a top business school. to deliver the 30 additional credits needed to meet the profession’s new 150-credit requirement, Reck companies. “It’s critical for students to interact with helped the faculty design an interim industry leaders—not simply in interviews, but in set- solution that allows students to tings where they can relax and ask candid questions,” take additional liberal arts classes says Earle. “We’re helping students realize their poten- that will help them improve their tial as well as ensuring that industry leaders recognize reasoning and writing skills. The Rutgers as a top business school.” department is working with Reck September 24, 2004: Tomer Yosef-Or (BS ’02) recruits for Bear Stearns at the RBS career fair. | Alumni are playing a prominent role in developing and other members of the advisory career options for students as well. Rutgers is not board to develop a better long- currently a core school where Bear, Stearns & Co. Inc. term solution to this problem that recruits for investment banking, notes Tomer Yosef-Or may include a new master’s program in accounting (BS ’02), who was able to independently land a position that will be offered to Newark and New Brunswick/ in that division at the Wall Street firm. He is determined Piscataway students. to change that. “I want to build a Rutgers alumni network within Bear Stearns to spotlight the talent that is Career Connections represented in the business school’s students.” Yosef-Or The academic programs committee of the RBS Board personally represents the company at the school’s of Advisers has been engaged in shaping career place- annual career fair. “We were able to place three RBS ment, particularly at the undergraduate level. With rep- graduates with Bear Stearns’ Investment Banking resentation from several major employers, it met with Division this year. We are well on our way.” placement directors and students on both the Newark and New Brunswick/Piscataway campuses, reviewed a 19 20 | DEAN’S REPORT • 2004–2005 Burning Bright • Newark youth create glass art and develop entrepreneurial and life skills at the GlassRoots studio at 10 Bleeker Street in Newark. The GlassRoots program, developed by Professor Pat Kettenring as an extension of the school’s Business and the Arts and entrepreneurship programs, has served more than 550 students since 2001. (Read more about GlassRoots on page 24.) RBS AT SEVENTY-FIVE | Community Outreach The riots of July 1967 called attention to the urgent need to improve economic conditions for Newark’s minority population. Business Administration (SBA) loans. The popularity Rutgers Business School quickly responded with new of the lecture series also helped RMBP attract support initiatives aimed at fostering entrepreneurship and from the Interracial Council for Business Opportunity minority small business ownership. Those early com- (ICBO), a New York-based not-for-profit organization. munity outreach efforts have grown over the years, contributing to the city’s renaissance, as well as boost- • Accurate Set ing economic development throughout the state. When Cornell Adams sought funding from the SBA to start a dental manufacturing company, a banker Rutgers Minority Business Program referred him to RMBP. Adams was educated as a Several months after the riots, the school established chemist, but lacked practical business experience. the Rutgers Minority Business Program (RMBP) to As a novice, he needed more assistance than money “help ensure that minority groups had an opportunity would allow. “I had Lou German’s full support. It was to participate in the mainstream of American eco- Lou and Hayford Alile (MBA ’69), a student of his from nomic life.” Initially, RMBP offered free weekly seminars. Nigeria, who sat with me at my kitchen table to draw “We discussed basic business information such as pay- up the first set of plans.” roll taxes, record keeping, government and legal At a time when other businesses were leaving requirements, pension plans, and sales promotion,” Newark, Adams’s company, Accurate Set, moved into remembers accounting Professor Louis German, the an 11,000-square-foot space he had purchased. “Lou series’ organizer. encouraged me to buy a place instead of renting,” The school then added an academic component to Adams comments. “Today, we have quite a little nest the program. Professor German implemented a course here. Lou German gave us the courage to be in Newark. that was modeled along the lines of a consulting com- He’s about business—how you grow a business.” A for- pany. Dispensing with textbooks, German and his mer president of the Dental Manufacturers of America, assistant, Russ Mass, assigned MBA students to work Adams sums up his business career this way: “I could with individual clients. The students delivered needed not have done it without Rutgers.” expertise in everything from marketing and sales to business plans, and met regularly with their clients. Rutgers Minority Investment Company Grades for the course were based upon the accuracy of In 1969, while Congress was passing the Minority the students’ records and their progress reports and Enterprise Small Business Investment Company class presentations. (MESBIC) Act, International Telephone and Telegraph In 1970, RMBP received grants from the Ford Corporation (ITT) was surveying what was being done Foundation, DuPont Corporation, and General Electric nationally in the area of minority entrepreneurship. Company to assist 40 new minority businesses, which The company wanted to see what corporations and quickly qualified for more than $450,000 in Small colleges were doing to assist minority businesspeople. 21 | DEAN’S REPORT • 2004–2005 RBS was one of the schools they visited. “ITT had heard of our work with the ICBO,” said leverage $18 million in additional investments by banks, the SBA, and others. German. “They sent a fellow named Charles Sherwood, “[RMIC has] succeeded beyond our greatest expec- who was a special assistant to ITT President and Board tations in effectively carrying out the MESBIC program Chairman Harold S. Geneen to learn what we were and in providing practical training of graduate students doing to help after the Newark riots.” in the development of viable businesses by people who Sherwood was impressed by what he saw. After ana- never had the chance to enter and succeed in busi- lyzing the program, he suggested that Rutgers request ness,” said ITT Executive Vice President Francis J. funding from ITT to create a MESBIC to be managed Dunleavy in November 1971. by RMBP. ITT approved the school’s proposal and “I’m very proud of what we accomplished,” adds made an equity contribution of $200,000. The Rutgers German today. “The students gained a great deal, and Minority Investment Company (RMIC), which was we helped to encourage minority members of the com- later renamed University Ventures, was incorporated in munity to become entrepreneurs. Whether they were July 1970, and was licensed concurrently by the SBA. successful or not, RMIC gave them a spirit that it was “We were the only university to have a minority small doable. Dollar for dollar it was a bargain.” business investment company,” notes German. RMIC operated as neither a profit center nor a charitable institution. Its mission was to “promote, stimu- Malachia Brantley, Sr. 1968 • Brantley Brothers Moving and Storage Malachia Brantley is the type of enterprising individual late, and assist the owners and for whom Rutgers’ Minority Investment Program was operators of minority business designed: an entrepreneur who was willing to place his enterprises” and it supported those hopes upon Newark’s uncertain future at a desperate ventures that demonstrated a rea- time in the city’s life. Brantley began with a modest sonable chance of success while $35 worth of credit from Sears and a truck that he boosting local employment and describes as “ride a little, push a little.” Today, Brantley providing economic and social ben- Brothers Moving and Storage owns the former Sears efit to the community. Investment building in Newark where it occupies 140,000 square- decisions were made by a commit- feet of warehouse space. tee, whose members included faculty of the business school, officers “I saw Newark go through all the tribulations and riots, but I am still here,” comments Brantley, who of local financial institutions, area executives, and started his business in 1967. Five years later, he went to MBA candidates. the SBA for a loan of $60,000. That’s where he met In its first eight years, RMIC made 126 business Rutgers’ Professor Lou German and his assistant, Russ investments in minority enterprises. It provided initial Mass. “They were there to support me,” says Brantley. capital of approximately $2 million, which was used to The investment program helped Brantley Brothers Moving on Campus Engelhard’s gift.) The com- The tremendous growth pletion of the building in in programs and enrollment 1973 enabled the business put constant pressure on school to take a prominent, RBS’s facilities. With the sup- exclusive space on the port of Orville Beal (BA ’37, Rutgers–Newark campus MBA ’54), president of for the first time in its his- Prudential and a university trustee, plans were drawn History 22 tory and provided state-ofthe-art facilities that Rendering of Engelhard Hall for a modern building to brought its operations house the school. An ambi- tary of the treasury, chaired $2.8 million, including a tious campaign was initiated the effort. $1.25 million naming gift to fund construction. John T. Launched on October 8, Connor, chairman of Allied 1968, the four-month cam- Chemical and former secre- paign raised in excess of from Charles Engelhard. (See page 44 for more on under one roof. COMMUNITY OUTREACH expand its client base, design marketing plans, and The center continues a greatly expanded version of navigate choppy political waters. “If I made a decision,” the school’s early entrepreneurial program by providing says Brantley, “Lou, Russ, and the MBA students were real-world experiences to both undergraduate and grad- open-minded and wanted to hear my ideas when I’d uate students, and by offering training and assistance to say ‘I think this can work.’” small businesses throughout the state. In addition to its Brantley Brothers not only has remained in Newark, | headquarters, the center today comprises 11 regional it has flourished and expanded its scope. According to centers and 18 affiliate offices where established enter- its slogan, the business handles moves “around the prises and promising new start-ups can explore their block and around the world,” and also provides docu- business ideas with NJSBDC management consultants ment storage services. Brantley says that he began with a staff of “Me, myself, and I.” Today he employs 50 people, many of whom have been with the company for over 30 years. “If it wasn’t for Rutgers reaching out to corporate America—to businesses such as mine— and helping us expand, we could never have stayed here. Rutgers is one of my jewels.” New Jersey Small Business Development Center When Congress established the national Small Business Development Center concept in 1977, it chose Rutgers Business School to be among the first Since its inception in 1977, the NJSBDC has provided direct assistance to over 275,000 established businesses and start-ups. eight pilot programs in the United States. The school’s history as an incubator for entrepreneurship provided as well as faculty. Through free one-on-one meetings or the groundwork for the connection. at numerous seminars, clients can learn business basics Brenda Hopper (MBA ’76), statewide director of the New Jersey Small Business Development Center or investigate new ventures. The center’s specialty programs include ecommerce, government procurement, (NJSBDC), understands well the international trade, school construction contracting, association between the school and and technology commercialization. the center. She was on the frontlines Since its inception in 1977, the NJSBDC has pro- when Rutgers began working with vided direct assistance to over 275,000 established small businesses. “Right after the businesses and start-ups. In 2003, NJSBDC served riots in Newark, I enrolled in Lou 24,666 clients, providing free counseling to 7,255 small German’s course where we worked businesses and training events for 17,411 clients. It with small businesses. I met weekly also helped clients obtain contracts, loans, and grants with my clients, doing such things worth a total of $40,887,362. as developing business and marketRutgers Minority Business Program client Robert C. Martin, founder of RCM Laundromat, with student consultant Brenda Hopper (MBA '76) ing plans, giving them advice on • Canyon Spring Water hiring, and then reporting back to Darrell McQueen, president and CEO of Canyon class. Each of the students would Spring Water, devised an innovative delivery system follow up with class presentations that allows for more efficient loading of water bottles. and invite clients to participate in the discussion.” After receiving her MBA from Rutgers, Hopper’s With advice and assistance from Charles Jackson, NJSBDC’s emerging markets/special projects director, career brought her full circle. She worked with and armed with a marketing plan written by a team of Philadelphia’s economic development office and then students in Professor Bernadette Tiernan’s marketing with Jersey City’s affordable housing and small busi- class, McQueen is on the road to success. Since found- ness divisions. Returning to the school in 1991, she ing the company, he has increased his customer base became the statewide director of NJSBDC at its head- and established new locations for the company, which quarters on the school’s Newark campus. necessitated additional hiring of sales and delivery 23 | DEAN’S REPORT • 2004–2005 people. His is one of only two minority-owned and that will be used to construct a hot shop on the prem- operated spring water distribution companies in ises. It reflects the community’s recognition of the the country. value that GlassRoots has brought to the downtown arts district. • InMat, LLC For Kettenring, it’s been very rewarding to see the Entrepreneur Harris Goldberg has his eye on the ball— school and community come together in support of a tennis ball, to be exact. Air D-Fense 2000 is a special coating on the official tennis ball of the Davis Cup and one of several InMat products. The company develops, manufactures, markets, and sells proprietary nanocomposite coatings targeted to the sporting goods, automotive, and personal protection markets. InMat, an NJSBDC award-winner, received guidance through the NJSBDC’s technology commercialization center, resulting in a $1.5 million first round of financing. The center assists New Jersey entrepreneurs by helping them turn their science and technology know-how into successful commercial enterprises. It’s wonderful to witness the incredible excitement of young people as they create something with their newfound talents and realize it has a value to others. GlassRoots the program and to see the students respond. “It’s won- Rutgers MBA students are discovering beautiful ways derful to witness the incredible excitement of the young to encourage budding entrepreneurs through people as they create something with their newfound GlassRoots, a multidimensional arts program for talents and realize it has a value to others,” she says. youngsters in the Newark area. At the 10 Bleeker Street Before GlassRoots opened its doors, Rutgers busi- studio, children are learning glass casting, glass bead ness students developed budgets, designed business making, and graphic design, and gaining experience and marketing plans, sought links to potential com- with basic business concepts. Founded in 1999 by Pat munity partners, and were involved in fund-raising. Kettenring, director of the school’s graduate arts man- Today, business students who want to learn about agement concentration, GlassRoots is a clear example career opportunities in nonprofit arts administration of the school’s commitment to community outreach. can accrue firsthand training at GlassRoots. In a few short years, the program has forged successful creative partnerships with numerous area nonprofits, individuals, and corporations. This year, a local businessperson issued a significant challenge grant 1970 History 24 Curriculum Changes and “Interfunc” also began administering an bridge theory and practice, for major companies in English proficiency exam, and give students a sense the region. In the late ’60s, the and those who didn’t meet of the complex elements school also began a thor- standards were required to involved in corporate Rutgers in the vanguard of ough modernization of its take a writing course, which decision making. Launched graduate business schools. curriculum. The effort, later developed into a for- in 1970–71, the Inter- “Interfunc” has since been spearheaded by Professor mal business communica- functional Management widely copied—professors Arthur Schoenwald, resulted tion program, a required Program, a fieldwork course and administrators from in the inclusion of more part of the curriculum for sequence implemented by universities around the mathematics-oriented all students directed by Dr. S. George Walters, nation have come to the courses. Basic proficiency in Dr. Carter Daniel. brought teams of student- Newark campus to learn consultants together to from its example. college-level math became a requirement. The school The school also devised a program to break down walls between departments, work on real problems These innovations put HISTORY 1978 Creating a Doctoral Program earnest in 1974, and the tually all the initial students have taken positions at program was instituted were part-timers. It wasn’t dozens of major corpora- By the mid-’70s, the one in 1978. until the ’80s that financial tions including General aid materialized and the Electric, Kraft, Daimler thing that separated RBS Administered by Rutgers from other leading business and taught in conjunction program became primarily Chrysler, Moody’s, Johnson schools was its lack of a with the New Jersey full time. & Johnson, J.P. Morgan, PhD program. The idea of Institute of Technology, the The Rutgers–NJIT PhD in offering a doctoral degree program has strengthened management program was Standard & Poor’s. Still oth- surfaced as far back as faculty research and helped immediately successful. ers hold prominent govern- 1962, but only now did the translate that research into Some graduates have gone ment positions around school have the faculty and curricular advances in all of on to teach at quality the world. resources to seriously con- the school’s research areas. universities in the United sider it. Planning began in Since financial aid was not States and abroad. Others | Pfizer, U.S. Airways, and available at the outset, vir- 1980 Executive MBA ment scene and brought months while continuing to academic rigor with a During the ’70s, the much attention to the work full time. The students, deep understanding of the school extended its reach school and the university. all of whom have at least applied aspects of business 10 years of work experience, management. It consis- with off-campus and execu- It was soon clear that tive training programs. A strong demand existed for study subjects at a higher tently attracts high quality series of courses at AT&T’s such training among people level and more intensively students. The program also Long Lines division was met who wanted an MBA than is possible in regular has a reputation for build- with such enthusiasm that degree but could not take MBA courses. The program ing strong and binding the school decided to offer time off to attend regular has educated executives class ties, a reality that them to mid-level managers course offerings. Thus in from virtually all of the was underscored in 2001 from other corporations as 1980, again, well ahead of Fortune 500 companies in when BusinessWeek well. Starting in 1971, highly most other universities that the area as well as success- ranked it fourth in the successful one-week resi- now offer the degree, ful engineers, scientists, nation for the sense of dency programs—mixing Rutgers inaugurated its doctors, lawyers, artists, community fostered among liberal arts and manage- Executive MBA program. and other professionals. its participants. The Executive MBA pro- ment courses—were held The program offers an several times a year. The accelerated course of study gram has earned a reputa- Rutgers Advanced Manage- that allows participants to tion for quality teaching ment Program (RAMP) earn their degree in 20 and a continuously updated curriculum that combines became a staple of New Jersey’s executive develop- 1982 Investing in the Future school in a major capital Services and the Technology Dean Horace DePodwin campaign, which provided Management Research retired in 1982, after 17 for the construction of the Center. In the six short years of service. The reins Management Education years of his tenure, of RBS, which now had Center; established the 1983–89, he increased the more than 1,500 students William von Minden school’s endowment from and a faculty that included endowed chair in account- $500,000 to $4.4 million. scholars of international ing and the First Fidelity renown, were passed to He also engaged the David A. Blake Bank research professor in finance; and endowed the David Blake. Blake, originally a political scientist who business, invested signifi- later transformed into an cantly in faculty, scholarships, authority on international and classroom technology. New Jersey Center for Research in Financial 25 26 | DEAN’S REPORT • 2004–2005 Beatles For Sale • Professor Elizabeth Hirschman visits the Ed Sullivan Theater, site of the Beatles’ landmark first American performance in 1964. Three decades later, Capitol Records asked Dr. Hirschman, one of the school’s leading scholars, to help market the Fab Four to a new generation. RBS AT SEVENTY-FIVE | Faculty Excellence The fact that Rutgers has a highly regarded and influential business faculty has been borne out in numerous studies over the last decade. writing of Professor Paul Nadler were also common. A December 1995 report published in the Journal of These were popular in tone and gained widespread Finance ranked Rutgers’ finance faculty 14th in the visibility for the school. nation for research productivity and influence. A simi- In the mid-’60s, RBS made a concerted effort to lar study published in the December 2000 issue of the recruit faculty from leading business schools. Academy of Management Journal placed Rutgers 34th Throughout the ’70s and early ’80s, research became out of more than 700 accredited programs reviewed. In more quantitative in nature and the rate of faculty 2003, researchers at the University of Missouri listed publication significantly increased. In 1983, for two RBS marketing professors—Elizabeth Hirschman instance, the faculty (which then consisted of only 54 and Barbara Stern—among the top 50 scholars in their people) produced 15 books, 43 refereed articles, and 66 field, based on the annual average of citations in lead- other articles, despite heavy teaching loads and a high ing journals. And, in 2004, a study published in the student-faculty ratio. Journal of Product Innovation Management ranked In the late ’70s and ’80s, the university’s maturing RBS in the top five nationally in the area of technology research focus led to the creation of academic centers management. But, it hasn’t always been this way. as a means of furthering scholarship in specialized areas. The Center for Research in Regulated Industries Research and the Technology Management Research Center at For its first 20 years, RBS was primarily a teaching insti- RBS in Newark and the Rutgers Center for Operations tution. At the time of the merger with Rutgers in 1946, Research in New Brunswick (now part of RBS) were an effort was made to change that and, over the next among the first to be created. Today, centers are an decade, the number of publications by faculty began to integral part of intellectual life at the school, conduct- rise. This early research took the form of magazine arti- ing cutting-edge research, organizing international cles for and about the state’s business community. The conferences, and editing and publishing scholarly jour- Review of New Jersey Business, a publication by the nals. Many, such as the Whitcomb Center for Research New Jersey Department of Economic Development, in Financial Services and the Prudential Business was entirely edited and largely written by faculty mem- Ethics Center, have taken on valuable service-oriented bers at RBS, although usually without attribution. In missions as well. addition, several professors worked with the state’s In the ’90s, the faculty focused on publishing in Municipal Research Committee “to aid municipalities top-tier journals. Their success is reflected in the strong in carrying out their work.” In 1956, eight members of Rutgers showing in top-tier journals and rankings. the faculty served on a team to survey the New Jersey This record of achievement will undoubtedly continue. economy. The result was a 637-page book that listed Under Dean Howard Tuckman, RBS redoubled its Professor Salomon Flink as the chief author. Policy- efforts to attain faculty excellent in research. Funding oriented commentary and articles typified by the has been secured that enables the school to offer the 27 | DEAN’S REPORT • 2004–2005 salaries needed to attract top candidates and fund- pilers of the CRSP tapes universally used to record raising has increased the dollars available to foster top the history of prices, dividends, and returns of every quality research. The following are just a few of the dis- stock on the New York Stock Exchange, the American tinguished researchers—past and present—who, along Stock Exchange, and NASDAQ. He has an extensive with their colleagues, have contributed to our legacy of background in portfolio theory and stock and bond scholarly achievement. (Year denotes date hired.) market behavior. David Whitcomb 1975 • One of the top 100 George Farris 1980 • Cited by the American researchers in financial economics, he is among the Association for the Advancement of Science, the first to examine the microstructure of securities mar- world’s largest general scientific society for “seminal kets—a field that examines the way these markets oper- contributions to the understanding of organizations ate. Whitcomb has successfully put his theories into and personnel practices in the furtherance of techno- practice in Automated Trading logical innovation and the management of technology,” Desk, the first expert system Farris’s research interests also include motivation and for fully automated limit order performance of scientists and engineers at various trading of common stocks. career stages—technology-based strategic alliances— Michael Crew 1977 • Crew The Review of New Jersey Business was written almost entirely by members of the RBS faculty. John Dunning 1986 • An influential scholar in the for Research in Regulated field of industrial and regional economics and the Industries (CRRI). Under his economics of international direct investment and direction, the center has pro- the multinational enterprise, Dunning has authored, duced 179 conferences and coauthored, or edited 42 books and is the New Jersey workshops around the globe Emeritus Professor of International Business at since 1977. Its programs have Rutgers University. interests include regulatory economics, peak-load pricing, and the theory of monopoly. He is the editor of the Journal of Regulatory Economics. 1991 and the creation of technological breakthroughs. is the founder of the Center resulted in three books and 26 edited volumes. Crew’s David Shanno 1986 • Shanno has published more than 70 papers on mathematical methods for optimization problems and their use in applications. Application areas include scheduling, auctions, market Lawrence Fisher 1978 • A pioneer in the area of pricing, options pricing, and numerous engineering empirical finance, Fisher was one of the original com- applications. He has more than 1,000 citations in the Reorganization A joint faculty commit- tician with 16 years’ experi- When Professor George tee, appointed in 1991 to ence at the University of Farris was appointed acting examine the issue, recom- Minnesota, as the school’s dean in 1989, everyone mended unification of the fifth dean. assumed the interim would graduate and undergradu- be short, but problems ate business faculties on several entities: the Faculty postponed the selection of the Rutgers–Newark cam- of Management, the name a permanent successor for pus and the creation of an given to the unified facul- more than three years. upper-division undergradu- ties; the Graduate School ate school in Newark. of Management, which Rutgers–Newark Provost continued to offer advanced The graduate versus George F. Farris undergraduate dilemma— History 28 RBS now encompassed which was thought to have to accreditation pressures. Norman Samuels completed business degrees; and the been settled back in 1964 AACSB announced that the reorganization in 1993, newly created undergrad- when RBS turned under- accreditation of the MBA clearing the way for the uate School of Management. graduate business educa- program would be in jeop- appointment of P. George tion over to the Newark ardy if the school did not Benson, a business statis- College of Arts and also control the undergrad- Sciences—resurfaced due uate program. FACULTY EXCELLENCE | Science Citation Index and was part of the team that books and contributed to other books. He is coeditor of developed the popular CPLEX mathematical program- an academic journal on advances in environmental ming software. accounting and management and is considered to be Elizabeth Hirschman 1988 • Rated by the Institute for Scientific Information as one of the most frequently the third most prolific author in the International Journal of Accounting from 1965–1988. cited scholars in marketing, Hirschman is the author of 10 books and more than 200 articles on a variety of topics including consumer behavior, sociology, psychology, and semiotics. She has consulted for a wide range of companies, including Capitol Records, who asked for her advice on how to market the Beatles to a younger generation. Cheng-Few Lee 1988 • Editor of two scholarly journals and author of more than 160 refereed articles and six books on corporate finance, portfolio management, business statistics, and urban econometrics, Lee is the director of the Conference on Financial Economics and Accounting, and the Conference on Pacific Basin Business, Economics, and Finance, both organizations that draw scholars from around the globe. Today, centers are an integral part of intellectual life at the school, conducting cutting-edge research, organizing international conferences, and editing and publishing scholarly journals. J. Douglas Carroll 1990 • Carroll is one of the principal researchers and methodological experts in the field of Multidimensional Scaling (MDS), as well as clustering and other areas of psychometrics and multivariate research that are applicable to marketing, psychology, and other social and behavioral sciences. He is especially known for his development of the INDSCAL model and method for individual differences MDS, as well as of PREFMAP and other methods of multidimensional analysis The Journal of Regulatory Economics is published by CRRI, RBS’s first research center. Glenn Shafer 1992 • Author of A Mathematical Theory of Evidence (1976), which launched the Dempster-Shafer theory of uncertain reasoning, Shafer is the school’s most frequently cited faculty member and has contributed to the fields of probability and statistics, artificial intelligence, and philosophy. His current interests include game-theoretic probability and finance theory, causal modeling, and uncertain reasoning. He continues his collaboration with Vladimir Vovk, coauthor of his 2001 book, Probability and Finance: It’s Only a Game! of individual differences prefer- Zachary G. Stoumbos 1994 • Stoumbos is the 2004 ence data, all of which are Jack Youden Prize recipient. This prestigious award is especially applicable to devel- given by the American Statistical Association and the oping parsimonious spatial American Society for Quality for the best research representations of similarity, dissimilarity, and/or pref- paper in the physical, chemical, and engineering sci- erential choice data provided by (or derived from) two ences. Stoumbos is a widely published scholar whose or more human subjects or other sources of data— interests encompass statistical process control, experi- models and methods especially relevant to quantitative mental design, time series analysis and forecasting, marketing analysis. decision theory, data mining, sequential analysis, and Bikki Jaggi 1992 • Author or coauthor of 81 articles supply chain management. on such topics as environmental, international, and Deborah Dougherty 1998 • An influential researcher human resources accounting; earnings forecasts and in the area of interpretive and institutional barriers to management; and market reaction to accounting infor- innovation and building organizational capacities for mation, Jaggi has also authored or coauthored three sustained innovation, Dougherty’s current work looks 29 | DEAN’S REPORT • 2004–2005 at the ways in which different factors—the nature of He said, “I don’t know.” I said, “What have you done the knowledge, sophistication of the customer, and for three months?” He said, “I’ve been to Detroit 67 structure of the industry (regulation, intellectual prop- times.” It turns out they were giving him a satchel erty protection)—affect innovation. Teaching For 45 years, Paul Nadler was one of the most popular with $100 million worth of checks at $222 per million in one day’s interest. It was worth $22,000 for Bankers I always looked at myself professors at RBS. Part lecturer, part stand-up comedian, as the link between the he managed to bring the arcane world of finance to life in a way that left a lasting impression on students. Professor Nadler, who authored more than 3,000 articles for the American Banker, retired from Rutgers in 2003. He reflects on his 45-year teaching career at the university: When I came to Rutgers in 1958, they told me, “Paul, theories and the real world. Just about everything I used, I got from talking to people… you’re going to teach a course in credits and collections.” I said, “I don’t know a thing about credits and collections.” They said, “Here’s the textbook that we used last year.” Now, I’m not lying. I opened the textbook and read, “Chapter One: The Credit File. The credit file should be kept in a manila envelope. If, however, it is a very active account, it should be kept in two manila envelopes… .” We’ve come such a long way in terms of rigor and professionalism since then. I always looked at myself as the Paul S. Nadler link between the theories and the real world. Just about everything I used, I got from talking to people in business or from what I read in the paper. Trust to send Benedetti to Detroit so they could get their money back one day earlier. I used that to explain the time value of money to the class. I hope I helped students realize that they should enjoy what they’re doing. If not, they should switch and do something else. I brought a speaker to class who was making $3–4 million a year. I said, “Five years from now, what do you see Wall Street looking like?” He said, “Five years from now I hope I’m not in it. I just hate it.” I believe that education has to be fun, and I often used jokes as a means of getting ideas across. Some students didn’t take me seriously because of it. I remember being on a train to New York and meeting a former student. I asked him, “Did Rutgers let you down?” and he comes back to me with something like, “I thought you were a horse’s ass until I got I once had a student named Benedetti. I asked him, “Mr. Benedetti, where do you work?” He out into the real world and found that what you were saying was exactly what happens.” said, “Bankers Trust.” I said, “What do you do?” 1993 School of Management 2004—to students who program accessible to part- are broadly educated in the time students. This is one of The School of liberal arts.” In keeping with several factors that have Management was estab- the traditions of the cam- prompted enrollment to lished in Newark as a two- pus, its mission included more than double in the year upper-division school preparing graduates to “lead last five years to a record offering, as its mission pro- rich lives, appreciative of 1,750 in 2004. Astonishingly, claimed, “contemporary their cultural heritage.” 102 countries are repre- programs in accounting, History 30 The management school sented in its student body. finance, management, and became a four-year program marketing—Management in 2001. This allowed stu- Science and Information dents to pursue business scheduling—including Friday Systems was added in curriculum along with gener- evening, Saturday, and al studies throughout their Sunday classes—made the college careers. Flexible P. George Benson HISTORY 1994 Expanding In-State and Overseas allow employees larity of the Merrill Lynch from neighboring program encouraged RBS While RBS consolidated companies to par- to open a second off-site operations in Newark, it ticipate. Classes campus in Morristown in extended its reach with new began in 1995— 1997—an area of the state off-campus programs. In the first time since that had seen significant 1994, it established a pres- special courses growth and was home to ence in Asia, offering an were offered for more than 10 percent of MBA in China in partnership servicemen during the Fortune 500. Similar World War II that development in Jersey City with Dalian University in 1995 Shanghai the school was engaged in in the late ’90s and early off-campus programs. 21st century brought the | Beijing. Executive MBA pro- That same year, John grams in Singapore, Beijing, Launny Steffens, chairman and Shanghai followed. The of Merrill Lynch’s U.S. Private latter two programs earned Clients Group, invited the perfect for working profes- waterfront in 2004. These distinction in 2003 when school to deliver an MBA sionals who had to squeeze three satellite campuses Financial Times recognized program at his company’s a part-time education into a now account for approxi- Rutgers as one of the Top 10 facility in Plainsboro, New full-time life, and the dense mately 20 percent of the Executive MBA programs in Jersey. The school agreed to concentration of businesses school’s part-time MBA China. (For more on RBS offer its core curriculum in the area ensured its enrollment. abroad, see story starting over a two-year period, and success. The instant popu- on page 32.) Merrill Lynch agreed to Merger and the School of Business– New Brunswick June 1984, SAS was reor- two decades, demonstrat- ganized into the School of ing that one school could Business, which began effectively serve both cam- Two years after taking operation as a distinct unit puses. Combining the two the helm of the merged on September 1, 1986. schools also would increase Newark operation, Dean The new campus was school to the Hudson the quality and quantity of Under the leadership of George Benson was given its dean, Arthur Kraft, the course offerings, simplify an additional responsi- School of Business capital- fund-raising, offer signifi- bility—the upper-division ized on the strength of its cant economies of scale in undergraduate School of respected and well- Business–New Brunswick. published faculty and strong Business education demand for business edu- Arthur Kraft board management and school governance, and As the school grew, so vastly increase the services had been offered in New cation to develop a solid did questions about the that RBS could provide to Brunswick since 1934 student base. The school efficiency of competing faculty, students, and the through the economics was especially noted for its Rutgers business schools public. Particularly note- departments of the liberal outstanding accounting pro- serving overlapping audi- worthy was the ability the arts colleges of Rutgers, gram, which continues to ences. The idea of integrat- combined programs would and the management, mar- produce graduates that reg- ing the programs on the have to expand the range keting, and accounting ularly achieve the highest two campuses was dis- of career placements and departments of University scores in the country on the cussed in 1991 during the internships. The merger was College. In 1981, the Uniform CPA Examination. Newark graduate and announced in 1995 and University College depart- In 1990, a naming gift from undergraduate merger completed the following ments were reorganized Janice H. Levin allowed for talks. Among many reasons year, and all these benefits into the School of Adminis- the construction of faculty to proceed, the Newark were realized. trative Sciences (SAS). In and administrative offices program had been filling the on the Livingston campus, need for MBA classes in the school’s first permanent New Brunswick for close to home in New Brunswick. 31 32 | DEAN’S REPORT • 2004–2005 Educational Export • May Tsui-Cohen (MBA ’03) learned from some of the business school’s top faculty and earned a full Rutgers degree, but she didn’t have to leave native China to do it thanks to RBS’s Far East export—the International Executive MBA. The school has been operating in China on a continuous basis since 1994, longer than any other American business school. RBS AT SEVENTY-FIVE | Global Enterprise Rutgers Business School’s international programs promote the mutual exchange of ideas that opens minds and borders. followed by a similar venture in Romania. Although Starting in 1994, RBS established itself as a leader in the government in Bucharest was “very rigid,” says business education in the Far East. It conducts one of Blakeslee, “we arranged for Romanian business stu- the oldest and most prestigious Western graduate busi- dents to come to Rutgers where we introduced them to ness programs in China, which earned distinction in our students and faculty.” The school can take pride 2003 as one of the 10 best Executive MBA (EMBA) pro- that in a small way it was an agent of change in Eastern grams in that country. Under Dean Howard Tuckman, Europe. Today, Bucharest is a center for world trade. the school has increased its programs in China and is exploring other partnerships with schools in Europe. Arriving in Asia In the early ’80s, China signaled it was becoming more Exporting Expertise open to the West. Business executives there soon real- The school embarked on its first foray into educational ized that they needed to learn Western accounting exporting in the late ’60s and early ’70s when faculty and business principles. The U.S. Department of Com- teams from Rutgers were invited to advise industries and merce stepped up and began a program dubbed “the universities in several countries. One of the most Chinese Harvard” in which professors from American intriguing invitations came from Yugoslavia: to teach universities were sent to teach in China. Western management and marketing practices in an economy that was experimenting with market socialism. Responding to the challenge, Dean Horace Although that program eventually lapsed, the need for Western business knowledge remained. Thus, a decade later, Dalian University of Technology prepared DePodwin organized a small group of business experts to launch a joint MBA program with an American uni- to plan an intensive one-week training program that versity. The goal initially was to train executives of was aimed at people who were earmarked for advance- Sinopec, one of China’s wealthiest companies, in ment within their companies. In addition to DePodwin, Western-style management theory and practice. the faculty team included Assistant Dean David Serendipitously, Dalian, located in one of China’s most Blakeslee, Professor William Dyszma, and Jiggs Weldy important port cities, also is where one of RBS’s most of General Electric. popular teachers had family ties. Professor Lei Lei “It was a very good experience for everyone,” heard about Dalian’s interest in an MBA program comments Blakeslee. “Yugoslavian educational organi- through her father, Tian Yue Lei, who was senior vice zations were supportive because they had their govern- president for academics there. She persuaded the dele- ment’s backing—as a matter of fact, the government gation from Dalian to include Rutgers on its itinerary actually initiated the programs. We realized that what when it visited five potential partner universities in we were teaching here could be adapted to their cir- the United States. cumstances. In turn, we encouraged them to pursue international trade.” The program in Yugoslavia was Exporting the MBA program to the other side of the world was a tantalizing prospect to Professor Allan 33 | DEAN’S REPORT • 2004–2005 Roth. He was among the key group of professors that the-job experience. Two of the interns worked on began planning a program that would retain the essen- developing joint ventures between China and the tial graduate business curriculum, but be tailored to American power industry. In 1996, the first class of the needs of middle managers in China and meet the Rutgers–Dalian MBAs graduated. Chinese government’s rigorous standards. Rutgers’ proposal was accepted; the program would RBS’s presence in Asia expanded when its administra- by Dalian. In 1994, Dean George Benson and Professors tion was asked by contacts in Singapore to establish an Lei and Roth traveled to China to sign the formal EMBA program for busy corporate managers there. October 14, 2001: Members of the Rutgers International Executive MBA class in front of Beijing’s Temple of Heaven. 1999 Singapore be taught by Rutgers professors and the degree awarded agreement. In July of that Modeled along the lines of the intense 20 months of same year, Professors course work offered in New Jersey, RBS launched a Robert Rothberg and condensed 12-month version of the EMBA in 1997. Philip Hartley led the first “In Asia, executives are subject to frequent transfers courses in accounting and throughout the Pacific Rim and to extensive overseas marketing. Four thousand travel,” says finance Professor Farrokh Langdana. people applied for the 42 “Since the pulse of business is more intensive, even seats available in the class. 20 months is too long a commitment.” As part of the educa- Singapore presented some challenges to the Rutgers tional process, Sinopec faculty. The professors had to coordinate their material sent 19 of its employees— with each other in a more systematic way in order to selected from its thou- accomplish their goals within the condensed schedule. sands of managers—to Learning was definitely a two-way proposition. “Our intern with several New Jersey-based companies. The first group of students gave us a lot of insight into the students first immersed themselves in an intensive way we taught. We learned to streamline our teaching English-language course, then departed for the United techniques while making sure that we met our peda- States where they studied and gained invaluable on- gogical standards,” says Roth. “It was a revelation for At the Turn of the Century He immediately began to refine promising entrepre- modernize RBS’s technology neurial ideas. And courses The end of the millennium infrastructure. A state-of- like the capstone Applied saw another change in the-art financial research Portfolio Management leadership at RBS. Howard and stock trading room turned students into invest- Tuckman, a distinguished was constructed. Wireless ment managers for a economist and consultant networking was deployed $100,000 portfolio. who had served as dean at throughout the school’s Virginia Commonwealth Uni- buildings on the Newark versity and the University of and New Brunswick/ Memphis, was hired in 1998 Piscataway campuses. to lead the school into the Equipment in computing to the real world. The phar- kind MBA in pharmaceutical new century. labs was upgraded and maceutical management management, a multifac- Blackboard, a web-based program, for instance, took eted program in supply recruiting top quality faculty, teaching aid, was deployed. students behind the scenes chain management, and a creating a new home for the The school’s use of wireless at leading pharmaceutical well-positioned board of growing institution, and rais- Internet and Blackboard companies and allowed advisers and programmatic ing its profile in international was a first for the Rutgers– them to learn from promi- boards were among the rankings. He also put strong Newark campus. nent executives. A universi- dividends of this effort. (For tywide business plan more on the school’s ties Tuckman set priorities of History 34 emphasis on technology The curriculum began There was a push to strengthen ties between Howard P. Tuckman the school and the business community. The first-of-its- and improving the strategic to focus on the school’s competition challenged to business, see the related focus of the school. competitive advantages and students to develop and story starting on page 16.) took on a closer resemblance GOING GLOBAL us. For example, I developed my own textbooks, which matriculated in the Shanghai program. The school is I could email to the students.” planning to start a new program with Dalian in 2005, The first EMBA class, which included 15 Americans, which will be taught in Mandarin. A joint program with 20 Singaporeans, and six Europeans, graduated in 1998. Graduate School of Business Administration Zurich is Unlike the Dalian program, International EMBA stu- also being examined. dents earned full Rutgers degrees. • Alumni Perspective The school has been operating in China on a continuous basis since 1994, longer than any other American business school. Although Larry W. Kessler (MBA ’98) had undergraduate degrees in business and accounting, he often thought about pursuing graduate education. “Getting an MBA was something I had wanted to do for many years.” Therefore, despite the considerable demands of his career, Kessler decided to enroll in Rutgers’ International EMBA program. “I was living in Singapore when I heard about the Rutgers program. It had an excellent reputation, which met my criteria. I liked the fact that Rutgers brought professors from New Jersey to teach in Singapore and also that I could Beijing, Shanghai, and Beyond With the Dalian and Singapore programs well estab- complete the program in 12 months.” “All the professors from New Jersey had a lot of lished, Rutgers launched EMBA programs in Beijing in energy, which I appreciated. They each contributed the summer of 1998 and Shanghai in June 2001. Martin something different to the curriculum from their vari- Markowitz, associate dean and director of international ous disciplines. Respectful student-professor relation- programs, notes that the government of the People’s ships developed among us, as well as some enduring Republic of China was building up Shanghai “as the friendships. Still, it was a juggling act. I was traveling financial capital of China. Given most of the time. After the weekend class, I’d hop on that a lot of companies are moving an airplane for a business meeting somewhere on in, we thought it presented an Monday, and then fly back for the next class on excellent opportunity.” Tuesday. The schedule was very intense, but good. Our These two 14-month programs have been a great success, educating executives who represent a vari- Great Wall of China professors understood the need for brevity but never sacrificed the program’s integrity.” The former president of VeriFone Asia-Pacific and ety of multinational companies current chairman of CyberNet, Kessler spends as including Boeing (China), Ford, much as 40 percent of his time in Asia, but calls General Electric, General Motors, Colorado home. “With an international airport nearby, Hewlett-Packard, Johnson & it is easy to commute anywhere in the world.” Clearly Johnson Medical (China), Maersk (China), and at ease as a global businessperson, Kessler is equally Motorola, among others. comfortable talking about the value of Rutgers’ inter- RBS has maintained high standards for its interna- national program. “Since completing the International tional business programs in Asia through good times EMBA program, I have recommended it to other busi- and bad. It weathered the economic crisis that began nesspeople. In fact, I would like to see the university in Thailand in 1997, persevered through the effects of expand its presence in Asia. As a pioneer of MBA pro- September 11, and most recently emerged healthier grams in Asia, Rutgers has a great opportunity to grow than ever after the SARS epidemic. Since 1998, 125 stu- in the Far East.” dents have graduated from the program in Singapore; since 1999, 180 students have graduated from the program in Beijing; and since 2002, 72 students have | 35 36 | DEAN’S REPORT • 2004–2005 Industry Consultants • “Interfunc” teammates Michele Carvale (seated), David Kanarek, Tiffany Ross-Mitchell, and Anik Roy (left to right, all MBA ’01) put theory into practice measuring the economic impact of the biotech industry in New Jersey. Their findings were cited by former Governor James E. McGreevey and the New York Times. Not pictured are teammates Cindy Dominguez, Pete Irizarry, Shazib Jamil, and Oded Schneider. RBS AT SEVENTY-FIVE | Theory and Practice When Rutgers Business School established its Interfunctional Management Consulting, or “Interfunc,” program, in the early 1970s, it set an academic benchmark for bridging classroom theory with real-world practice. Biotechnology Council. “We helped to define the goals, Since that time, and especially in the last five years, nearly but they worked wonderfully as an independent team.” every facet of RBS has incorporated a real-world flavor. From state-of-the-art classrooms and “reality-based” Ross-Mitchell contends that Hart enabled their success. “After two years of learning marketing, research, course work, to the practical teaching approach of and financial theory, we had an opportunity to apply skilled academics, RBS provides a clear advantage for our knowledge,” she said. “The most eye-opening part undergraduate and graduate students preparing to of the experience was how much we learned from the enter the business world. Biotechnology Council’s members and staff. They were living in the biotech world, and we were not. Their Applying Theory While Creating Value insight made our theories work. We didn’t realize at the More than 30 years after its genesis, the Interfunc field- time what a valuable lesson that was.” work course sequence has engendered 1,500 projects for Fortune 50 companies, privately held firms, not-for- Investing “Real Money” Raises the Stakes profits, state agencies, municipalities, and entrepre- Investing on paper may be a practical way to teach neurs. In turn, the MBA candidates involved have finance students, but nothing compares to the experi- gained invaluable, practical experience. ence of working with real money. To that end, RBS One prime example involves a benchmarking and economic impact study completed in 2001 for the Biotechnology Council of New Jersey. “The organization provides two unique opportunities for students to do just that. At the graduate level, Applied Portfolio Manage- wanted to grow the industry in New Jersey, and our ment is a capstone finance elective built around a group was intrigued by the chance to work within an portfolio created in 2000 with a gift from Professor emerging industry,” said Tiffany Ross-Mitchell (MBA ’01), Emeritus David Whitcomb. Eight student analysts a member of the eight-person project team. “We knew selected each semester create in-depth stock reports that our research would make a real impact, especially that generate buy and sell recommendations for in their ability to market and provide financial incen- the fund. tives for biotech firms outside of the state.” The study thoroughly profiled the state’s biotech According to John Longo (MBA ’95, PhD ’95), who teaches the class with Basu Mullick, many students industry, including the number of companies and have used these stock reports to secure jobs on Wall employees, research areas, and future projections. Street. However, the best success story is the portfolio Former Governor James E. McGreevey in 2002 cited itself, which has outperformed the S&P 500 Index the findings in a New York Times article discussing the since its inception in June 2000. By the fall of 2004, it promise of biotechnology in New Jersey. was up 18 percent, while the S&P 500 Index was down “The Rutgers group handled the project from concept to completion,” said Debbie Hart, president of the 16 percent, and the S&P 500 BARRA Value Index was up only 3 percent. 37 | DEAN’S REPORT • 2004–2005 “Applied Portfolio Management is different from tions as MIT, Harvard, NYU, and Columbia in a group other courses at Rutgers,” Longo said. “The students interview with Michael Dell and several Dell Inc. vice are very serious because they appreciate that some- presidents. He credits his success during that meeting thing real is at stake.” to the influence of marketing professor Sharan Jagpal. At the undergraduate level, the Little Investment “Michael Dell asked for my thoughts on how his Bankers of Rutgers (LIBOR) also provides an opportunity company could optimize sales performance,” recalled for students to influence a real-life McKenzie. “Dr. Jagpal taught me about applying mar- investment. Each semester, mem- keting theory to sales force management. I talked about bers of the student-run organiza- recognizing different levels of risk aversion among sales tion develop research equity people and devising a new compensation program to reports under the guidance of suit them. It was a bit radical, but I took a chance.” Rutgers alumnus and professional Rohit Shyam (MBA ’00) picked utility stocks for the Whitcomb Fund as part of a capstone finance elective. Dell created a position for McKenzie, placing him in portfolio manager Greg Francfort. charge of sales support for the firm’s Public Organization “Greg uses information from customer base in June 2003. He developed a pilot to test our reports when making decisions his idea. During the first six weeks, his team achieved for a special fund—the Bender an 18 percent sales increase. McKenzie has since been Trust—that he manages,” said appointed senior services brand manager for Dell’s Neil Motwani, LIBOR president. $2.4 billion Consumer Service Offering portfolio. “So while the overall focus is learning, we want to do things correctly. It is an extremely valuable experience.” Dr. Jagpal advocates an analytical approach to marketing. But he adds, “I believe that theoretical models that cannot be implemented in practical situations are 2001 History 38 Practical Teaching at Work at Dell empty. I encourage students to get to the core of a Shortly before he graduated from the RBS Executive problem and develop an analytical foundation for solv- MBA program, Anthony McKenzie (MBA ’03) joined ing it. When students like Anthony do this successfully, 13 other MBA candidates from such notable institu- it is highly gratifying.” Creating the Future Today first time in its prestigious ranking of top MBA pro- RBS publicly launched in which concluded in 2004, The millennium war- grams. The following year, 2001 a successful multi- raised $20.3 million for RBS. ranted new pride in an through the vision and gen- year capital campaign that The contributions provide institution that had evolved erosity of Executive-in-Resi- dwarfed all prior fund- much needed support for as a full-service business dence Richard Romano, a raising. The previous high faculty research, financial school providing a high- wall of honor was erected water mark was the 1984–90 aid, and instruction. (We quality education on multi- in Engelhard Hall to cele- campaign that raised just gratefully recognize those ple campuses in New Jersey brate the successes of the over $8 million for the who supported the “Creating and in Asia. In the fall of school’s alumni and inspire Newark and New Brunswick the Future Today” campaign, 2000, BusinessWeek maga- current students. business programs. The beginning on page 47.) Against this backdrop, universitywide campaign, zine recognized RBS for the “Creating the Future Today” Rutgers Business School–Newark and New Brunswick schools—which caused and New Brunswick in much confusion. October 2001. This enabled The mergers of the mid- identity that would unify gle institution known for ’90s succeeded in creating students, faculty, and staff. high-quality business a unified institution but left Through the strong leader- research, education, and the school with a fractured ship of Rutgers–Newark training. identity. It had four different Provost Norman Samuels, it The school needed an was renamed Rutgers names—one for its faculty and administration and three others for individual Norman Samuels Business School–Newark RBS to brand itself as a sin- THEORY AND PRACTICE According to Farrokh Langdana, director of the has yielded a number of innovative, viable business EMBA program, Dr. Jagpal’s approach reflects the models. Among them, Icelus Pharmaceuticals won emphasis on practical teaching at RBS. “We have posi- top prize in 2004 for its plan to develop a fast-dissolve tioned our program to give executives skills they can drug-delivery technology for pediatric over-the- immediately apply in the workplace,” he said. “This counter medicines. focus on providing tools for the real world distinguishes Rutgers Business School among its competition.” | Dr. Alvarez noted that the success of the winning plans is measured by whether they launch, rather than if they prosper. “We hope that they will succeed, but that is not our emphasis,” he said. “Just getting to the The focus on providing tools for the real world distinguishes Rutgers Business School among its competition. start-up phase is a wonderful experience.” Students Benefit from High-Tech Classroom Setting If having hands-on Wall Street trading and research experience is a key advantage in landing a job, finance students at RBS’s Newark campus have a leg up on their competition. The school’s Global Financial Market Center (GFMC), a $1.2 million high-tech class- Competition Encourages True Start-Ups room designed to simulate the work environment of Many leading business schools host business plan the nation’s leading brokerage houses, provides an competitions, but few have raised the bar for winning unparalleled resource for students to learn by doing. like Rutgers. According to Fernando Alvarez, director of the RBS Entrepreneurship Program, the Annual Rutgers Business Plan exchanges, as well as an abundance of corporate finan- Competition differentiates itself cial and accounting data including stock pricing histo- by encouraging plans that turn ries, news histories, and Securities and Exchange into real commercial ventures. Commission filings. “Our competition is geared at April 20, 2004: Trish Hunter and Tom Wright (MBA ’04) presented the winning concept at the annual Rutgers Business Plan Competition. The GFMC features 40 workstations with access to real-time and delayed market feeds for U.S. and foreign In addition to the data feeds and financial informa- promoting and polishing plans tion available at the workstations, the room also fea- that have a real chance,” he tures an electronic stock ticker, two large data panels said. With $30,000 in sponsor- that flash live market data and news headlines, and a contributed prize money at stake, pair of flat-screen television monitors that display graduate and undergraduate news analysis from CNBC and Bloomberg News. students across disciplines are eligible to compete. Contestant teams that reach “The setting and services simulate an actual trading room,” said Ivan Brick, chair of the RBS finance department. “Our students become accustomed to research- the semifinal round of the three-phase process have ing financial information electronically and using the access to workshops and other resources to help them industry’s major statistical tools. This gives them a clear get ready for the finals. Practicing entrepreneurs, pro- advantage during a job interview because they can fessional services providers, angel investors, and ven- speak the same language as the professionals.” ture capitalists comprise the judging panel. “In the screening process, we select only those Currently, all RBS introductory finance courses hold at least one class session in the GFMC, and a number teams to compete as finalists that truly intend to move of investment and other related courses use the space forward with their plans,” Dr. Alvarez said. “The stu- on a regular basis. Efforts toward using the room dents must propose an idea and show us that they can widely across the curriculum and as a tool for inde- carry it out.” pendent study are ongoing. From entertainment to consumer goods and medical innovations, the Rutgers Business Plan Competition 39 40 | DEAN’S REPORT • 2004–2005 Chain Reaction • Albert R. Gamper, Jr., a 1966 University College–Newark economics major, and Nubia Castro, who plans to graduate in 2007 with a degree in accounting, represent the link between two generations of Rutgers–Newark business students. Gamper recently made a personal investment in Rutgers Business School–Newark and New Brunswick to help the school attract top scholars and students for generations to come. RBS AT SEVENTY-FIVE | The Fourth Quarter Century At 75 years old, Rutgers Business School–Newark and New Brunswick is as vibrant and energetic as a freshly minted MBA candidate, full of ideas, ambition, motivation, and pluck. new facility in Newark; increasing the number of stu- And its leaders and other university officials know dents; and breaking into the top 50 nationally ranked the time is right for the school to build on its legacy business schools. and break through as one of the country’s top business schools. Diner believes that bringing in greater funding for faculty research and endowed chairs to enable the school to hire more top professors will be the piston Great Expectations driving the other goals. “The most important thing is “We have a unique opportunity,” says Dean Howard the caliber of the faculty we attract here,” he says. Tuckman. “We are very fortunate. We are close to New “Everything else follows from that.” Top-notch faculty York City, the financial capital of the world. We are will attract even more of the best students to the in the wealthiest state in the nation. We have some school, the school’s reputation will grow, and higher of the largest corporations here and we have a crop rankings will be the result. of very, very bright students. RBS can, and will, move to the top among business schools.” With a foundation of strong faculty, outstanding Of course, attracting all those faculty members and students will necessitate a new facility. The current student population is about 4,000, and Tuckman would students, and a good reputation, the school has solid like to see it continue to grow. “We have a comprehen- partnerships with both small and large businesses in sive blueprint for a new business school building,” he the state. Says Newark Provost Steven Diner, “New says. “It would include an executive education facility; Jersey’s industries rely upon the expertise the business we would incorporate the centers and other affiliated school can provide. The state also has a tremendous entities, such as the New Jersey Small Business need for small business development. RBS is a critical Development Center. The new building will be more entity for New Jersey.” user-friendly; it will have lots of spaces where students The school represents a core discipline for the state can talk and work on their projects, a high level of university. According to President Richard L. McCormick, technology, and possibly a cafeteria and library.” The “The business school connects the university to the challenge will be finding resources for construction, business community. There are many Rutgers students, given the state’s budget constraints, he adds. both graduate and undergraduate, who want to study business, and we must be strong in that area.” The school also aims to enhance its programs in three fields that have a strong presence in the state’s industry base: pharmaceutical-biotech management, The Mission Continues financial management, and supply chain management. Along with the primary missions of research, teaching, and service, RBS leaders have set a high bar in terms of A Global Presence specific goals for the next decade. Those goals include Other academic priorities include enhancing the increasing external funding for research; building a already strong areas of international business and 41 | DEAN’S REPORT • 2004–2005 business ethics, says Tuckman. In addition, the school’s recalls the recently retired chairman of CIT and the international programs will continue to expand, with chairman of the Rutgers Board of Governors. “I looked new programs planned in Dalian, China, and Zurich, around and said, ‘It’s hard to believe that I went to Switzerland. school at night for six years and now I’m lucky enough “This really plays into our idea that if you’re going to be a truly great business school, you have to be a to be elected chairman of the Board of Governors of this massive institution.’” Of course, as with most suc- global player,” Tuckman says. “In the next five or 10 years, I see more of a focus on our international curriculum while developing students who can exercise their skills in multiple countries.” A business school is an appropriate investment Tuckman, Diner, and McCormick all say they are committed to increasing two of the most important components of strengthening the school—fund-raising for a business leader. and state support. All say they will If it encourages others to maintain strong ties with the busi- put their money into … ness community and work to create new partnerships, both with business leaders and with state officials. the school,… it could make Tuckman believes that the a big difference. school can break into the upper echelon of business schools within the next few years. “When you Steven J. Diner realize there are more than 1,200 cess stories, Gamper’s achievements had more to do business schools in the country, the competition for with perseverance than luck. While taking evening the top 50 is enormous,” he adds. “We have had a courses in accounting, finance, and economics at very successful capital campaign and we’ve used that University College, Gamper worked full time in the money wisely, such as for career placement and to credit department of Manufacturers Hanover Trust finance high-quality faculty research. I think that over Company in New York City. He worked his way up the time, this will be recognized and put us in the top 50.” corporate ladder and eventually was tapped to run the bank’s spin-off company, CIT, beginning in 1987. In A Business Leader Knows a Good Investment July 2004, he stepped down as its CEO and retired as Nearly 40 years after his graduation, Albert R. Gamper, the company’s board chairman on December 31 of that Jr., still seems a bit amazed at where his degree in eco- year, completing 42 years with the two companies. nomics from Rutgers–Newark has taken him. “I came down here with my wife to an event this past summer,” 2004 History 42 “It was an unusual education,” he says of his time at Rutgers, “but it was a valuable one. I never went to a The Past as Prologue that comes from which to build. With an out- In May 2004, Dean mastering difficult standing and diverse stu- Howard Tuckman addressed subjects … are dent body, a highly graduates at the school’s characteristic of regarded faculty, a commit- annual commencement. Rutgers in the ted alumni base, and strong “The RBS emphasis on pro- new millenium,” support from the business viding a rigorous education; he observed. community, RBS will the excellence of our fac- As Rutgers ulty and their contribution Business School– grow, innovate, and be rec- Newark and New ognized as one of the fore- undoubtedly continue to to knowledge; the bonds Rutgers Business School Commencement and friendships that have tion with the faculty and Brunswick looks ahead to most schools of business in grown out of your interac- each other; and the devel- its fourth quarter century, it the United States. opment and self-confidence has a solid foundation upon THE FOURTH QUARTER CENTURY football game, never joined a fraternity, made no net- and New Brunswick. Sood and Moran sought to estab- work of friends in college, had no college life,” he adds lish traditions and programs that would bring the two with a laugh. “But I do have something that says ‘bach- campuses closer together. elor of arts, Rutgers University.’ That degree opened | In the past year, they initiated an array of activities doors for me and I’ve always been very appreciative of and programs to “develop a cohesive community with- that. If I didn’t have it, I don’t know where I’d be.” in the Rutgers Business School,” Sood says. “We started Gamper recently translated his gratitude into a million social and networking events that brought in a lot of dollar gift, matched by CIT, to endow a chair at Rutgers alumni and executive MBAs.” They organized a coat Business School, although his degree is from Rutgers’ drive for both the Newark and New Brunswick/ University College–Newark. Piscataway campuses and sponsored a speaker series, “People ask me, ‘Why are you putting your money into the business school?’ It has to do with who I am as a business leader. I feel that a business school is an appropriate investment for a business leader. If it encourages others to put their money into a chair for the school, I think it could make a big difference.” That difference could mean attracting even more outstanding faculty to the business school, which would result in even better research, more top students, and, ultimately, better rankings, he says. He adds that he will Along with its primary missions of research, teaching, and service, RBS leaders have set a high bar in terms of specific goals reach out to other business leaders in the state and for the next decade. urge them to support Rutgers Business School “so that we don’t have to export students to get their degrees at Stanford or Harvard. We should capture a Halloween party, and an international food festival. them here.” Filling a need for food service in the business school’s facilities, Sood and Moran guided the government • A Student’s Perspective association to provide seed money to the Black MBA An institution with three-quarters of a century under Association to start a small café in Engelhard Hall. its belt like the Rutgers Business School is bound to have at least a few traditions. But one MBA candidate at the school felt it was time to start ence in the business world, from a stint at Salomon some new traditions for a new Brothers where he managed market data operations, generation of students. Rohit Sood, to one at Bond Technologies’ Chicago office, where who served as copresident of the he led a staff of 64 employees. A few years ago he school’s Student Government decided he wanted to get his MBA so that he could Association, wanted to get more learn the frameworks for strategic decision making business students involved in the and parlay his skills into a general management role life of the school. in the pharmaceutical industry. In the meantime, “One of the challenges the busiRohit Sood Sood is no stranger to organizing people, setting goals, and realizing them. He has several years experi- ness school faced was a lack of continuity,” says Sood. “It seemed that while there was a he’s also editing a quarterly online newsletter about that industry. Although Sood’s copresidency ended in fall 2004 vision in place, every class would try to invent its own and he expects to get his degree in spring 2005, he wheel.” So when he and fellow student Brian Moran plans to stay active with the organization. “I think the were elected copresidents, they made a presentation best way to show you care is to be involved. If you feel about their goals to the school’s board of advisers. “Our something needs to be changed, you make it happen.” mission was to create a Rutgers community,” Sood notes, “a community of students, faculty, staff, executives in industry, alumni, and people living in Newark 43 44 | Investing in RBS Much of Rutgers Business School–Newark and New Brunswick’s success is rooted in the generosity of its alumni and friends. Gifts—large and small—have helped us to grow, provide assistance to bright and deserving students, and advance the knowledge of management theory and practice. We extend our sincere thanks to everyone who has supported us over the past 75 years. Following are just a few examples of the countless benefactors who have touched the RBS community. Charles Engelhard By the mid-’60s, it was apparent that the former Eagle Fire Insurance building could no longer accommodate a business school that was growing in both size and stature. RBS launched a drive to raise the $5 million needed for a new home. Half of the money was to be provided by the state. Half of the balance—which was to be raised from private sources—came from Newark industrialist Charles Engelhard. “It is the best way to demonstrate how [much] Newark has meant to my family and to me over the years,” Engelhard said. His generosity helped RBS fulfill the campaign goal and provided for a modern, permanent residence for the school on the Rutgers–Newark campus. Today, Engelhard Hall remains the Newark home of the school’s undergraduate and MBA programs. January 21, 1969: Charles W. Engelhard, Jr., (second from left) with Rutgers President Dr. Mason W. Gross; John T. Connor, chairman of Allied Chemical Corporation and chair of the building campaign; and Orville E. Beal (BA ’37, MBA ’54), president of Prudential and vice chair of the building campaign, at a press conference announcing Engelhard’s $1.25 million gift. New Jersey Sales Executive Foundation In the early ’50s, as the school’s fledgling MBA program was taking flight, the New Jersey Sales Executive Club established a foundation to support deserving students who were chosen based on their academic ability, high character, leadership potential, and financial need. In addition to helping countless MBA candidates, over the years the foundation has supported other major initiatives at the school including the renovation of Bove Auditorium (now one of the premier lecture halls on the Newark campus) and the annual Rutgers Business Plan Competition. The foundation has Bove Auditorium given more than $1 million to the school to date. Its scholarship support and commitment to the Business Plan Competition are ongoing. Judith Faye Ross Judith Faye Ross worked at RBS from 1973–78 as a principal clerk/ stenographer and as a faculty secretarial-group supervisor. She came to Rutgers after a number of years as an executive secretary, editor, and bookkeeper for various New Jersey firms. This is not the background you would expect of a major benefactor, which makes her quiet act of philanthropy all the more dramatic: she left close to $1 million in her estate for undergraduate business scholarships at Rutgers. Each year approximately 40 students benefit from her generosity. May 18, 2004: Dean Howard Tuckman and some of the 2004–2005 Judith Faye Ross Scholarship recipients. INVESTING IN RBS Edmund L. Houston Foundation | Edmund L. Houston was a police officer with entrepreneurial aspirations. In 1973, he turned to the Rutgers Interfunctional Management Program to help design a funding package for a new catering business. After successfully launching the company, Houston was tragically killed in a boating accident. The members of the Interfunctional team, moved by his death, established a foundation in his name. Since the mid-’70s, the Edmund L. Houston Foundation has supported countless African-American MBA students who have demonstrated great academic and entrepreneurial achievement. The award is made in the name of Houston and Alfreda P. Robinson, former assistant dean for graduate admissions, who was instrumental in increasing minority enrollment at RBS. May 18, 2004: Quincy J. Jones (second from left) receives the Edmund L. Houston–Alfreda P. Robinson Award. Also pictured are Daniel Eatman (MBA ’74), a member of Houston’s Interfunctional team; Dean Howard Tuckman; and Alfreda P. Robinson. The Prudential Foundation Throughout the summer of 2002, reports of Enron, Tyco, and other accounting scandals made the case for greater focus on ethics in business schools as well as in corporate America. Thanks to a gift from The Prudential Foundation that led to the creation of the Prudential Business Ethics Center at Rutgers, RBS was already integrating ethics across its curriculum and developing programs for the community at large. The center, directed by Professor Edwin Hartman, has partnered with industry for a range of topical conferences; presented speakers such as Sherron Watkins, the Enron whistleblower, and former Federal Reserve Chairman Paul Volcker; inaugurated an annual award to recognize student achievement; and hosted the twice-yearly Prudential Lectures at Rutgers, a forum featuring leading young scholars in the field, which engages them in conversation with students, faculty, and others in the business community. February 14, 2002: Arthur F. Ryan, chairman and CEO of Prudential Financial; Rutgers–Newark Provost Norman Samuels; and Professor Edwin Hartman at the press conference announcing the creation of the Prudential Business Ethics Center. Thomas A. Renyi The discipline of banking has a rich history at Rutgers. In 1935, the Stonier Graduate School of Banking was founded at, and for decades was affiliated with, the university. Although it was never officially part of the business school, several generations of bankers have Rutgers to thank for their education. Countless students also have been influenced by Professor Paul Nadler, a well-known and sought-after commentator on the banking industry, who was RBS’s preeminent faculty member in the field for 45 years. Now, future work in banking at the school will be shaped by a gift from Thomas A. Renyi (BA ’67, MBA ’68), chairman and CEO of The Bank of New York, who created a Senior Faculty Scholar position Thomas A. Renyi that, through the eventual proceeds from a testamentary gift, will be converted into a chair. Professor Darius Palia, an internationally known scholar in the field of banking and corporate governance, is the first member of the faculty to hold the position. His research examines the credit channel of monetary policy, loan pricing, corporate governance issues in banking, and bank mergers. He has taught at Columbia, Chicago, and UCLA. IDT, Sun Microsystems, and Individual Donors Students at Rutgers Business School in Newark need not leave campus to gain authentic Wall Street trading and research experience. The Global Financial Market Center, a $1.2 million high-tech classroom, simulates the work environment of the nation’s leading brokerage houses. It was made possible by major gifts from IDT Corporation and Sun Microsystems, whose servers and workstations form the technological backbone of the facility, as well as by individual gifts from Andy Melnick (MBA ’70), Greg Ostroff (BS ’83), Jeffrey D. Serkes (MBA ’82), and Josh Weston. October 29, 2001: Rutgers President Francis Lawrence, IDT President Jim Courter, Sun Microsystems Northeast Education District Technology Manager Casey Palowitch, Rutgers–Newark Provost Norman Samuels, and Dean Howard Tuckman cut the ribbon to open the Global Financial Market Center. 45 46 | DEAN’S REPORT • 2004–2005 Alumni Scholarships “There are various factors that affect your career over the long term,” says Robert E. Campbell (MBA ’62), retired vice chairman of Johnson & Johnson. “For me, my MBA experience at Rutgers was of special significance. I am grateful that I can give back and, in doing so, provide opportunities for others to pursue their hopes and goals.” This was Campbell’s motivation to endow a fellowship fund to assist Newark and New Brunswick MBA students. Other alumni share his desire to give back to the school and have established named scholarships. They include Thomas A. Bartlett (MBA ’81), Gary M. Cohen (MBA ’83), William Freeman (MBA ’83), Mark Goldman (BS ’64), Leslie Goodman (MBA ’70), Mary Jo Robert E. Campbell Green (MBA ’70), Sidney Handler (BS ’54), John F. Ruffle (MBA ’63), and Jeffrey D. Serkes (MBA ’82). Their generosity will help future generations of RBS students succeed. The Family of Robert J. Boutillier Robert J. Boutillier (BS ’48) spent his career at the accounting firm of Peat Marwick, including 15 years as the company’s vice chairman for the Northeast Region. A member of the Rutgers Board of Trustees and the Rutgers Foundation Board of Overseers, Boutillier was actively involved at the university throughout his life. His legacy at the business school lives on in many ways, most notably in the endowed faculty professorship in accounting that bears his name. Created by family and friends, the position benefits junior faculty members with strong potential to be nationally or internationally recognized in the field of accounting. Dr. Elizabeth A. Gordon, the first scholar to hold this Robert J. Boutillier position, fits the bill. Experienced in both the private and public sectors, Professor Gordon specializes in the areas of international accounting and corporate governance and regularly publishes in top journals in her field. Her most recent work focuses on the positive relationship between the strength of a company’s disclosure system and its market liquidity, and the negative impact related-party transactions have on a firm’s value. Blanche and Irwin Lerner The pharmaceutical industry is vital to New Jersey’s economy and to Rutgers Business School, an established leader in the field of pharmaceutical management. RBS’s unique MBA program, offered in partnership with eight industry leaders, applies its global reach to attract top students. The school’s research efforts in this area are also world class, thanks to the Blanche and Irwin Lerner Center for Pharmaceutical Management, established in 2004 with a gift from the couple. Irwin Lerner (BS ’51, MBA ’58), the former chairman, president, and CEO of Hoffmann-La Roche, is a highly regarded industry pioneer. He led industry reforms that streamlined Federal Drug Administration (FDA) drug Blanche and Irwin Lerner approvals; oversaw passage of the Prescription Drug User Fee legislation, which expedited the approval process by increasing resources available to the FDA; and is credited with originating the concept of copromotion, whereby two companies join forces to market a drug. The center, directed by Professor Mahmud Hassan, sponsors research and programs in keeping with the high standards he set throughout his career. David and Henrietta Whitcomb As an emeritus professor of finance and founder of Automated Trading Desk, a company that trades an average of 65 million shares of stock per day, David Whitcomb knows that there’s a big difference between buying and selling “on paper” versus using real money. To give students hands-on experience as fund managers, he and his wife, Henrietta, gave $100,000 to RBS for students to invest as part of a capstone class in finance. The Whitcombs also have endowed the Whitcomb Center for Research in Financial Services, codirected by Professors Ivan Brick and Michael Long, which allows RBS to continue conducting the type of cutting-edge research for which Whitcomb was known. David and Henrietta Whitcomb RBS AT SEVENTY-FIVE | List of Donors Thanks to 3,000-plus members of the Rutgers Business School–Newark and New Brunswick family, the future is looking very bright indeed. By the June 2004 conclusion of the universitywide “Creating the Future Today” capital campaign, Rutgers Business School had raised $20.4 million, surpassing its goal by 66 percent and dwarfing all previous fund-raising efforts at the school. We gratefully recognize those who contributed and thank them for the generous support that will cultivate new ideas and a future generation of business leaders. $2,000,000 or more ASA Corp. Mr. Thomas A. Renyi $1,000,000–$1,999,999 Mr. Robert E. Campbell CIT Group, Inc. Mr. Albert R. Gamper, Jr. Mr. Irwin M. Lerner SAP America, Inc. Professor and Mrs. David K. Whitcomb $500,000–$999,999 Mr. Sidney Handler Mr. James H. McGordy The Prudential Foundation $250,000–$499,999 Mrs. Marie Boutillier Mr. Vito Alfonso Cardace IDT Corporation Mr. John F. Ruffle Russell Sage Foundation Sun Microsystems, Inc. $100,000–$249,999 Automated Data Processing, Inc. Bank of New York Company, Inc. Bristol-Myers Squibb Company Eisai, Inc. General Electric Foundation Ms. Joyce Fischler Goodman Mr. Leslie E. Goodman, Esq. Hoffmann-La Roche, Inc. IDT Charitable Foundation Mr. Robert Kaplan KPMG Foundation Merck & Co., Inc. Novartis Pharmaceuticals Division Organon Pharmaceuticals USA, Inc. Ortho Biotech Products, LP Mr. Julius L. Pericola Pfizer, Inc. PricewaterhouseCoopers Mrs. Judith Fay Ross Mr. Jeffrey D. Serkes Mr. Josh S. Weston Mr. Benjamin S. Wolfe $50,000–$99,999 The Ayco Charitable Foundation Mrs. Beverly P. Beill Mr. Gary M. Cohen Mr. Joseph D. Coughlan Mr. Robert K. Elliott Fleet Boston Financial Fleet National Bank Johnson & Johnson KPMG Peat Marwick, LLP Mr. Morton Levine George Link, Jr., Foundation Mr. Leonard Littman Mr. C. Thomas Mallos Pharmacia Public Service Electric & Gas Company RGK Foundation Mr. Richard A. Romano Rutgers School of Business Management Alumni Assoc. The Sales Executives Club of New Jersey Foundation SO Charitable Trust Dr. Ronald V. Trense $10,000–$49,999 Ms. Beverly Walker Aisenbrey AstraZeneca LP Mr. Alfred J. Battaglia Mrs. Teresa J. Battaglia Bayer Healthcare AG Becton, Dickinson and Company Mr. Adrian Benjamin Mr. Jeffrey P. Bolson Mr. Robert A. Boutillier Mr. Ken Boxley Mr. William N. Britton Mrs. Claire L. Calandra, Esq. Mr. Kevin K. Carton Mr. Norman Cogliati The Community Foundation of New Jersey Mr. Thomas Crawford Geraldine R. Dodge Foundation Mr. Robert N. Duelks S.R. Ehrlich Family Foundation, Inc. Mr. Stephen Roger Ehrlich Elberon Development Co. Ernst & Young Foundation Ernst & Young, LLP Ms. Anne E. Estabrook Fidelity Charitable Gift Fund Mr. William M. Freeman General Chemical Corporation Mr. Kenneth L. Gentner Mr. Richard D. Gilpin Mr. Mark M. Goldman Dr. Thomas M. Gorrie Ms. Kathryn E. Gourlay Mr. Stephen Guidette Mr. Robert L. Guyett Mr. Walter E. Hanson IBM Corporation Institute for Private Investors Mr. Harold F. Jaeger Jewish Community Foundation of Los Angeles Johnson & Johnson Sales and Logistics Co. Ms. Eve Kaplan Mr. Ronald J. Kozich The Herbert J. and Dianne J. Lerner Foundation Mr. Herbert L. Lipman Mr. John M. Longo Lucent Technologies 47 48 | DEAN’S REPORT • 2004–2005 Ms. Natalie Mark Mr. Andrew J. Melnick MFG Systems Corp. Mr. Frederic R. Miller Ms. Irene Miller Mr. Joel E. Miller Mr. James A. Morgan Dr. Paul S. Nadler New Jersey Society of Certified Public Accountants New York Stock Exchange, Inc. Mr. Harold F. Oberkfell, Jr. Mr. Gregory M. Ostroff Pacific Interactive Development Association Palo Alto Software, Inc. Mrs. Dorothy A. Pericola Mr. John M. Pietruski The PNC Financial Services Group, Inc. Mr. Joseph E. Pompeo Mr. A. Donald Pray Mr. Paul V. Profeta Prudential Financial, Inc. Joseph W. Rebovich, C.P.A. Mr. John J. Reck Mr. Harold T. Redding Schering Corp. Spear, Leeds & Kellogg, LP Mr. Jared Specthrie Ms. Jeanette K. Specthrie T.R. Winston & Company, Inc. Treasury Management Association of New Jersey United Parcel Service of America, Inc. Mr. Daniel S. Van Riper Vanguard Charitable Endowment Program Wachovia Foundation Warner-Lambert Co. Mr. Solomon M. Weiss Mr. Donald J. Wolff Ms. Doreen Wright Mr. Bryan J. Zoffinger Ms. Christine M. Zoffinger Mr. George R. Zoffinger Ms. Judith A. Zoffinger Mr. Richard G. Zoffinger $5,000-$9,999 Accountants on Call Mr. John H.C. Anderson Mr. Howard Baker Mr. Thomas A. Bartlett Mr. Eric A. Beck Mr. John R. Berger Mr. Robert E. Butler C.R. Bard Foundation, Inc. Dr. Thomas D. Calandra The Thomas and Agnes Carvel Foundation Mr. James G. Cassino Ms. Lori D. Cohen Mr. James A. Courter Mr. Frederick D. D’Alessio Deloitte & Touche Mr. George A. DeMartino Mr. Richard W. Ellis Engelhard Corp. Mr. William J. Federici The William and Ellen Freeman Family Fund Mr. Egon Fromm Mr. Claude E. Fusco, Jr. Mr. Frank R. Gatti Mr. Eugene F. Gaughan Mr. Brian J. Geiger Ms. Claudia A. Gentner Professor Louis T. German Mr. Michael J. Greaney Mr. David C. Green Ms. Mary-Jo Abate Green Mr. Harold Haddock, Jr. Mr. John Haldi Ms. Mary Haldi Mr. George C. Hanley Mr. John F. Hanley Gary J. Horowitz, Esq. Mr. Richard G. Horvath Institute of Management Accountants, Inc. International Council of Shopping Centers Educational Foundation, Inc. Jewish Community Foundation of MetroWest New Jersey The Kiplinger Foundation Walter L. Leib, Esq. Mr. Herbert J. Lerner Mr. Jack C. Liddie Mr. Craig B. Lindsay Mr. Jerome Lowengrub Mr. Howard C. Luks Mr. Peter J. McNamara Mid-Jersey Chapter-HFTP Mr. Chris E. Morris Mr. James W. Nall Dr. Rosa Oppenheim Mr. Robert A. Orben Dean J. Paranicas, Esq. Mr. William C. Pezzano Anthony M. Pilipie, C.P.A. Mr. Anthony S. Piszel Ms. Penelope Bragg Pray Sanford C. Bernstein & Co., LLC Mr. Paul J. Schmitt Mrs. Sharon Schmitt Mr. Dean H. Secord Mr. Bernard M. Simon Mr. James A. Skidmore, Jr. Mrs. Carolyn J. Slaski Samuel and Helen Soref Foundation Mr. John Southwick, Jr. Mr. Michael A. Sperduto Mr. Fred L. Stone Mr. Toby Torrey Dean Howard P. Tuckman Tyco International Ltd. TyCom Business Systems, Ltd. UPS Freight Services Mr. Nicholas Valeriani Vineyard Productions, LLC Wachovia National Bank Mr. Edward C. Walch Mr. D. Bruce Wheeler Mr. Corbin McCue Wilkes Mr. Michael J. Zarra $2,500-$4,999 Accenture American International Group, Inc. Mr. Philip E. Arnold Mr. Alec G. Arons AT&T Automated Trading Desk, Inc. Mr. James Balog Bank of America Securities Ms. Joanna Barnish Mr. Theodore J. Bassman, Jr. Mr. Fred F. Beatty Mr. Steven P. Beck Mr. Robert D. Blair Mr. John M. Brotherton Mr. Graham R. Brough Mr. Robert P. Brownlie Mr. Alan Adams Burgess Mr. James F. Callahan, Jr. Chubb Group of Insurance Companies CLC Group, LLC Mr. Fred L. Cohen Ms. Lori R. Cohen Mr. Terry F. Culpepper Dr. Fariborz Damanpour Mr. Edward DiYanni Mr. Donald L. Drakeman Mr. Eric P. Edelstein Ms. Susan E. Ellison Mr. Jose E. Genuino Ms. Carol Gershaw Ms. Maryella M. Gockel Ms. Lillian A. Gola Mr. Joseph E. Gonzalez, Jr. Mr. Herman W. Graf Mr. Steven J. Green Mr. Vincent K. Grieco Mr. John W. Gruner GSP International Mr. George B. Hallock Mr. Robert Harris Mr. Robert E. Hayes, Jr. Mr. Thomas B. Hogan Dr. T. Edward Hollander Mr. Peter M. Holloway Mr. Gordon Holmes Robert B. Jackson, C.P.A. Ms. Dorinda Y. Jenkins Ms. Beverly J. Johnson Johnson & Johnson Services, Inc. Mr. Rajaram Kaushik Mr. John A. Kirkpatrick Mr. Russell O. LaValla Ms. Annie H. Lo Ms. Karen Sweeney Mactas Mr. Michael L. Mason Mr. James F. Matthews Mr. Bryant M. McCarthy Medarex, Inc. Mr. John C. Meditz Mrs. Kathleen Shea Mendes Mr. Robert Mendes Mr. Charles R. Miannay Mr. Bernard J. Milano Mr. Milo A. Moore Paul S. Nadler Family Charitable Trust Mr. Howard P. Neu The Northern Trust Company Novo Nordisk Pharmaceuticals, Inc. Mrs. Helen M. Paranicas PDI, Inc. Mr. John Pennett PNC Foundation Mr. Alan J. Reece Mr. Aavo Reinfeldt Mr. Daniel C. Reinhardt Mr. Kenneth M. Reiss Ronald L. and Cinda S. Roudebush Foundation Mr. Alan L. Rubino Ryan Beck & Company, Inc. Samuel Klein & Company SBLI USA Mutual Life Insurance Company, Inc. Mr. John A. Scherzo Mr. Peter J. Schild The Schwab Fund for Charitable Giving Mr. Andrew M. Senchak Mr. Leonard J. Sichel Ms. Carole B. Snyder Mr. Kurt W. Stoffel Summit Bank Mr. Jay Suskind Mr. Robert J. Symon Mr. Thomas W. Synnott, III Taipei Economic and Cultural Office in New York Mr. Louis T. Terlizzi Mr. Patrick H. Terry Mr. Richard W. Tkach Mr. William P. Tully Mr. Joseph H. Umansky United National Bank United Trust Mr. Andre Van Hoek The Videre Group, LLP Mr. Edward F. Vogel Mr. Jack R. Wehrly LIST OF DONORS Wilkin & Guttenplan, P.C. Mr. David R. Wilson Mr. Paul Zaffaroni Mr. James R. Zalinski Ms. Jacquelyn Zehner The Jacquelyn and Gregory Zehner Foundation Mr. Bernard B. Zients $1,000–$2,499 Academy of Accounting Historians Mr. William B. Adams Mr. Kent E. Allison Mr. Daniel Altman American Accounting Association Mr. David K. Andres Arthur Andersen, LLP Ms. Lori E. Arvonio Ms. Phyllis Baker The James and Alvina Bartos Balog Foundation Mr. Ellis M. Balsam, C.P.A. Ms. Heidi E. Barnes Ms. Jennifer E. Bates Mr. Marshall M. Bazar Mr. Alexander H. Beard Mr. John W. Bettenhausen Mr. William E. Bixler Boardroom Inc. Mrs. Dolores A. Boblick Mr. William E. Boblick Mr. Mark Borofsky Dr. Ivan E. Brick Mr. James G. Brocksmith, Jr. Mr. Raymond J. Broek Mr. John R. Bryan Ms. Karen N. Bryan Mr. John Newman Carey Carpenter, Shackleton & Company Mr. Joseph R. Chiesa Mr. J. Anthony Clancy Cogliati Charitable Trust Mr. Allan H. Cohen Brad J. Cohen, M.D. Mr. Michael L. Cohen Mr. Dominic A. Colannino Mr. Donald R. Conklin Mr. John O. Cronk Mr. Kevin Cummings Ms. Kristen L. Cunningham Cyborg Capital Management LLC Mr. David D’Alessio Professor Michael F. D’Amico Robert D’ Augustine, Esq. Ms. Mary Grace Davenport Mr. Robert B. Davidson Mrs. Janet M. Davis Mr. John L. Del Monaco Dendrite International, Inc. Mr. Francois M. DeVisscher Mr. John H. Donelik Mr. Richard A. Druckman Mr. Kevin W. Duffy Mr. Martin Edelston Mr. Archibald B. Edgar Mr. William J. Edmunds Educational Testing Service Mr. Edward E. Ehrenkrantz Mr. Gregory S. Erman Mr. Thomas F. Faimali Dr. and Mrs. George Farris Mr. Martin Paul Feeney Mr. Ronald M. Feinberg Miss Juliet J. Feravolo Mr. Joseph Fleisch Mr. Frederick Florschutz Mr. Jules Frankel Mr. Richard B. Frost Mr. Karl Gabriel, Jr. Mr. Dagon L. Garris, Jr. Mr. John C. Gazlay III Ms. Ann M. German Mr. James A. Giannella Mr. Lee Thomas Gilbert Mr. Donald R. Ginty, Jr. Mr. Gerald J. Goldenfarb Mr. Lee Goldstein Mr. Robert C. Gordan Mr. Luke D. Graham Greater Newark Chapter Society of Professional Financial Planners Ms. Camille D. Gutmore Mr. Peter C. Haas, Jr. James Hannan, C.P.A. Mr. Herbert R. Hansen, Jr. Mr. Theodore Hanson Professor Edwin M. Hartman Professor Mahmud Hassan Mr. William F. Heitmann Mr. Edward A. Hlavach Annette Hollander, M.D. Hyatt Regency New Brunswick The Institute of Internal Auditors, Inc. Ms. Davida G. Isaacson Mr. Ralph Izzo J.H. Cohn, LLP John Scherzo and Company Beverly J. Johnson Foundation Mr. Donald A. Johnson Mr. John E. Johnson Mr. Donald F. Jones Ms. Cynthia Dale JonesHundley Mr. Richard E. Kameros Mrs. Frances R. Kaplan M.M. Kaplan Foundation Mr. Myron M. Kaplan Mr. Thomas J. Kelly Mr. Louis J. Kilian Mr. John G. Kimberlin III Mr. Robert C. King The Kiplinger Foundation Ms. Jeanne H. Klein Mr. Samuel Klein Samuel and Mildred Klein Foundation Ms. Larainne Koehler Mr. Alan W. Koppes Mr. John Edwin Kraker Mr. Laurence W. Kramer Mr. John P. Kropke Mr. William L. Kufta Mr. Lawrence W. Kull Mr. Demetrios D. Lappas Mr. Richard J. Lashley Mr. Alfred C. Latimer Ms. Noelle A. Lohmeyer Mr. Edward J. Ludwig Ms. Kathleen W. Ludwig Mr. Tobias A. Lustig Mr. Mark D. Lutchen Ms. Peni MacMeekin Mr. William Magerkurth, P.E. Raymond E. Makul, Esq. Mr. Michael J. Manley Mr. Jed L. Marcus Mr. Michael J. Mardy Colonel Herman S. Marmon Ms. Cathy-Ann Martine Mr. Mark Carney Mazzatta Mr. W. Peter McBride Professor Donald L. McCabe Ms. Elizabeth C. McCarthy Ms. Rosanne L. McGraw Mr. Thomas J. McParland Mr. Anthony P. Meli Mr. Frank A. Mikorski Mr. David F. Miller Mr. William J. Miller Ms. Yvonne C. Miner Dr. Paul J. Miranti, Jr. Mr. Daniel D. Mistichelli Mr. William R. Mitchell Monmouth/Ocean Chapter of CLU and ChFC Ms. Kerin J. Montgomery Mr. and Mrs. Robert Morris Mr. W. Wallace Murray Mr. Anthony M. Natelli Ms. Marthy L. Natsis Ms. Leslie A. Neve New Jersey Business & Industry Assoc. New Jersey Small Business Development Center Mr. Chandler D. Nims Ms. Deborah R. Norkin Mr. Dennis J. Nugent Mr. Robert J. Oberlander, Jr. Mr. Thomas M. O’Gorman Mr. Michael T. O’Kane Mr. Raymond H. Olinger Ms. Carol A. Overcash Mrs. Violeta Bermudez Pardo Mr. Robert S. Paris Mr. J. David Parkinson Mr. Charles T. Parton Mrs. Gertrude B. Parton Mr. Lewis A. Patterson III Mr. Richard E. Patton Mrs. Joann Tanora Paupe Mr. Brian Peoples Mr. Satya M. Peri Ms. Nadya A. Perry Marvel S. Platoff Foundation Mr. Richard B. Platoff Mr. John C. Ponticello PRSoft, Inc. Mr. Babur Rafiq Ms. Elizabeth L. Randall Mr. Mark W. Ravera Mr. Howard W. Ray Reckitt Benckiser, PLC Ms. Virginia R. Ritter Mr. Daniel D. Robinson Mr. Thomas J. Romeo Mrs. Caroline Rosen Mr. Daniel Rosen Mr. Mark A. Ross Ms. Elizabeth B. Roswell Mr. Robert A. Roth Mr. Howard V. Rothman Mr. Peter N. Rudy Mr. John C. Ruebush Rutgers University Alumni Federation Mr. Christopher R. Ryan Mr. Charles A. Sabino Dr. Michael D. Santoro Mr. Raymond F. Sasso Ms. Latanya R. Savage Mr. Robert G. Savage Sax Macy Fromm & Co., PC Mr. Edwin S. Schiffer Mr. Lawrence C. Schlegel Mr. Arthur J. Schmidt Mr. Edwin J. Schnell, Jr. Mr. Heinrich M. Schoening Sealed Air Corp. Mr. Roy W. Shear Mr. John F. Silton Mr. Richard E. Simon Mr. Bryan J. Slotkin Ms. Isabel H. Smith Mr. Donald H. Snyder Society of Financial Service Professionals Mr. Andrew Spellman Ms. Patricia M. Steele Mr. J. Dieter Stein Mr. William L. Stenger, Jr. Barbara B. Stern, Ph.D. Mr. Jonathan Stern Mr. Michael Stocker Mr. Vishnu Swarup Mrs. Elizabeth Symon Mr. Alan T. Taber Mr. David S. Talesnick TD Waterhouse Investor Services, Inc. Mr. Nessim Tiano Mr. Victor S. Traeger, C.P.A. Mr. John E. Turton Mr. Donald W. Van Hook | 49 50 | DEAN’S REPORT • 2004–2005 Verizon Mr. Mark R. Ward Ms. Heather L. Weber Mr. Marvin Wertheimer West Pharmaceutical Services Mr. Richard D. Whitehead Ms. Robin L. Whitely Mr. Allen Williams Mr. James R. Williams Ms. Eva M. Wisemark WithumSmith + Brown Mr. David W. Wohlfarth Mr. Paul Yatcko Mr. David Young IV Mr. Eric T. Yu $500-$999 Mr. Ronald G. Achter Ms. Elizabeth Koch Adams Mr. Joseph A. Adetayo Mr. Rajendra Agarwal Mr. John H. Ahrens Ms. Catherine G. Allison Ms. Lorraine A. Ambrosio Mr. W. Robin Amesbury Mr. Ronald D. Anderson Mr. Edgar L. Andlauer Mr. George E. Aninwene Mr. Matthew W. Appel Mr. Stephen V. Ardia Mr. James L. Barbarito Mr. Edward P. Barrett Mr. James F. Begans Mr. Karl A. Behrend Mr. Alexander T. Beranek, Jr. Mr. Elliot M. Berger Ms. Jacqueline A. Bergman Mr. Morton Berlan Ms. Robin B. Berman Ms. Jane Hooban Bird Dr. David H. Blake Mr. George G. Bloom Blueberry Health, Inc. Ms. Diana M. Bolick Mr. Lawrence J. Bolick Mr. Dennis M. Bone Mr. John A. Boswick Mr. Ward C. Bourn Mr. William H. M. Branagan Mr. Robert H. Brand Robert A. Braunstein, M.D. Mr. Arnold Brief Ms. Linda Jackson Bright Mr. Michal W. Bristol Mr. John W. Browning Mr. Anthony G. Brucha Mr. David M. Bujese Jeffrey H. Bunin, B.Ch.E., MBA Mr. Francis Jack Byrnes California Community Foundation Mr. Jack D. Cameron Mr. Jorge L. Cardenas Carol Realty and Development Co. Mr. Max Carratura Mr. Robert J. Carroll Mr. Thomas E. Carroll Chase Manhattan Bank Ms. Frances S. Chow Ms. Lisa B. Cintron Ms. Eileen J. Cleary Ms. Laura A. Cohen Mr. Joseph T. Columbo Consumers Mortgage Corporation Mr. Hugh T. Conway Mr. Edwin E. Cornell Ms. Martha L. Cowles Mr. William C. Craine Mr. Edward J. Crowe Mr. Thomas Cunningham Mr. Neil W. Currie Mr. Park S. Curry Mr. Joseph S. Daurio Davidson Brothers Management Company, Inc. Ms. Frances E. Davis Mr. James R. Davis, Jr. Ms. Patricia H. Deans Mr. Glenn A. DeBlock Mr. Deke A. Dening Mr. Raymond V. DePillo Ms. Natalie C. Devlin Mr. William A. Diaz Mr. Kenneth W. Dick Professor Nancy DiTomaso Mr. Joseph P. Donlan Professor Deborah J. Dougherty Mr. John C. D’Urso Dr. Hal Eastman Mr. Henry H. Eng Ms. Inkyung K. Englehart Mr. Harry N. Epple Ms. Maureen A. Erwin Mr. Brian R. Fagen Mr. William Y. Fellenberg Mr. Robert L. Ferris, Jr. Mr. Archibald Fort Fortunoff, The Source Ms. Kathryn L. Fredell Mr. Robert P. Freeman Mr. Harry B. Friggle Mr. Alon N. Frumer Mr. James J. Gallagher III Mr. Dominick J. Genovese Mr. Jay K. Ghosh Mr. John M. Giacoppo Mr. Elmer F. Gibbs Mr. Ronald G. Glaessgen Mr. Morton M. Goldberg Stephen M. Golden, M.D. Mr. Harvey L. Golubock Mr. David Goodrich Mr. Bernard M. Gordon Mr. Gary W. Greendale Mr. Richard J. Greisch Mr. Donald Guerin, Jr. Mr. Steven W. Hackett Mr. Lester V. Hankes, Jr. Mr. Paul W. Hansen Ms. Marjorie J. Han-us Mr. S. Philip Harris Ms. Margaret DePodwin Harwood Ms. Leslie Hellenack Mr. John P. Herndon Mr. Erich H. Herz Ms. Maureen Higgins Mr. Frederick E. Hiller Mr. George C. Hillman, Jr. Professor L. Richard Hoffman Mr. Francis E. Hoh Mr. Harry E. Hooley, Jr. Mr. Theodore Horoschak Mr. Thomas Horton Mr. Yuen T. Hsu Mr. Kirk J. Hunt Mr. Adenola A. Igun Mr. Lothar Jacobsen Mr. Clifford J. Jeger Ms. Randi Jermansen John Scherzo & Co. Mr. Merrill Joslin, Jr. Mr. John Kalamar Ms. Cheryl M. Kallem Kaltenbacher Family Foundation, Inc. Mr. Patrick E. Kaminski Ms. Carol Kaplan Seymour Katz, C.P.A. Keefe, Bruyette & Woods, Inc. Mr. Juri Keerdoja Mr. James P. Kelly, Jr. Mr. Robert M. Kelly, Jr. Ms. Georgia Keresty Mr. James M. Kiefer, Jr. Mr. John G. Kimberlin Ms. Dorothy S. King Mr. William Kirschner Mr. Raymond R. Klacik, Jr. Richard S. Kleiman, M.D. Ms. Thelma Klein Mr. Jon I. Klippel Mr. Alan S. Kluger Mr. Warren M. Knight Mr. Leonard M. Knudsen Mr. John F. Kolibachuk Mr. Henry Kopacki Mr. Keith Korley Mr. James C. Kort Mr. Garry O. Kosteck Mr. Steven F. Kovacs Mr. Frank E. Kranetz Mr. Aivars E. Krumins Ms. Gail K. Kurz Mr. Marek A. Kuzdra Labchem, Inc. Ms. Susan B. Lambeth Mr. Marvin D. Lando Mr. Frederick W. Lark Mr. Robert M. Lear Mr. Richard F. Leaver Mr. Craig Lee Mr. Joseph J. Lemanowicz Mr. Joseph M. Leone Dr. Roland Leong Mr. Bruce R. Levin Mr. Michael Levine Mr. and Mrs. Louis E. Levy Mr. Lyman R. Lewis Mr. Martin E. Lewis Mr. Robert F. Lewis II Mr. Craig J. Little Mr. Richard W. Locke Ms. Jennifer C. Loftus Mr. Ariel Lopez Mr. Michael A. Lucia Mr. John Robson Lutz Ms. Sharon K. Lydon Mr. Frederick A. Lynk III Lyons Lavey Nickel Swift, Inc. Mr. Mark Mactas Ms. Emily H. Mahon Mr. Theodore E. Makowski Mr. Arthur E. Malcarney Mr. Rocco Marotti, Jr. Mr. Edward Jay Martin Mr. Soichi Matsuno Mr. Richard P. Mayer Mr. Eric J. Mayerson Ms. Kathy M. Mazewski Ms. Nancy C. McAvey-Costello Mr. Kenneth McCartney Ms. Kelly A. McGuire Mr. David J. McKittrick Ms. Florence A. McLean Ms. Fran Melton-Levine Mr. Martin F. Mertz Ms. Martha Reed Michelsen Mr. Steven D. Miller Ms. Mary Jane Milton Mr. Richard V. Mingoia Mr. Arnold A. Mirsky Mr. Edwin J. Mitchell, Jr. Ms. Margaret Monaghan Moon Machinery Company Ms. Fay E. Moore Mr. Kevin M. Moriarty Ms. Laurie R. Morison Mr. James J. Mount Mr. Wesley R. Moy Mr. James L. Mullin Mr. Glenn T. Murphy Ms. Marilyn M. Murray Ms. Carol W. Nasr Mr. Robert G. Nelson Ms. E. Rose Nestor New England Financial of North Jersey LLC Mr. Thomas R. Newman Mr. Leon A. Nolting Mr. Donald K. O’Brien Mr. Donald E. O’Connell Mr. Jerry Oehm Mr. George W. Olsen, Jr. Mr. Martin F. O’Reilly Mr. Joseph S. Ort LIST OF DONORS Ms. Kimberly A. Osborne Dr. Michael S. Pagano Mr. David D. Paich Mr. George N. Papadakis Mr. Harish C. Parekh Ms. Susan E. Parent Mr. William Parfitt, Jr. Mr. John T. Parker, Jr. Ms. Michele Case Pawlak Mrs. Lisa M. Penza Ms. Connie C. Perla Mrs. Harriet PerlmutterPilchik Mr. Richard Perna, Jr. Ms. Sophia Petrou Mr. Lawrence Petzing Mr. David A. Pezzutti Mr. Ludwig P. Pietz Mrs. Belle Podems Mr. Raymond A. Pruszkowski Mr. Matthew R. Purcell Mr. Anthony T. Rastelli Mr. Lawrence J. Rehm Mr. Douglas C. Reilly Mr. Robert T. Reilly Mrs. Judith Reiss Dr. Norman Reitman Mr. Gary J. Resnick Mr. Michael K. Reyburn Mr. Martin A. Reynolds Mr. Saul I. Ring Robert Rothberg and Joan Rothberg Foundation Robert Sellery Associates, LTD Mr. Gregory C. Robinson Mr. Gabriel Rodriguez Mr. Frederick A. Roessle Mr. John O. Rogers, Jr. Mr. Jon Randy Rosen Mr. Max S. Rosenblatt Mrs. Joan Rothberg Mr. Robert R. Rothberg Ms. Melinda Luz Royall Mr. Robert Rynkiewicz Mr. Kenneth R. Saloway Mr. Richard J. Salus Mr. Perry Samuels Mr. Eric F. Sannella Mr. Steven B. Saperstein Ms. Susan H. Schreiber Mr. Leonard S. Schwartz Mr. George Scott, Jr. Mr. Robert A. Sellery, Jr. Mr. Michael A. Semeraro, Jr. Mr. Charles Senick III Professor Philip C. Shaak Mr. George M. Shackleton Mr. Glenn D. Shaffer Mr. Milan R. Shah Mr. Nelson Shaw Mr. Adam N. Sheiner Shell Oil Company Ms. Shannon M. Sheridan Mr. Mikhail Shir Mr. Peter W. Shoemaker Mr. Nicholas Skimbo Mr. Alexander Skorupsky Mr. David N. Slater Ms. Gail Slobodien Mr. William B. Smith, Jr. Snowden Publications, Inc. Mr. Ed Snyder Dr. Tae-Won Sohn Mr. Noel A. Spillane State Farm Companies Foundation Mr. Robert P. Statile Mr. Terence A. Stevick Ms. Cynthia B. Stone Mr. Kevin P. Sullivan Ms. Lael G. Summer Mr. Charles J. Supko Mr. Andrew G. Trackenberg Mr. John C. Trimble Mr. Gerald N. Tuch Mrs. Marlene Martin Tuch Mr. Michael R. Tuosto Mr. Eric J. Tveter United Way of Tri-State Venture Assistance Verizon Network Integration The Videre Foundation, Inc. Mr. Michael J. Viera Villa Enterprises Management Limited, Inc. Ms. Julia A. Warren Mr. George T. Washburn Mr. Terence J. Wassum Ms. Sara H. Waters Mr. Donald P. Weber Mr. William A. Welcher Mr. Perry L. Wheaton Mr. Richard A. White Mr. Eckart C. Wieske Mr. Leroy J. Wilde Mr. Thurland T. Wilkinson William H. Yeomans, Inc. Mr. A. Douglas Woelfel Mr. Michael S. Wolff Ms. Rachel S. Wong Mr. Thomas L. Woodward Mr. Marshall H. Wright Dr. David A. Yamoah Mr. Vincent J. Yannuzzi Mr. Michael C. Yeager Mr. Anthony J. Yim Sidney J. Zimmy, Esq. $250-$499 Ms. Beata J. Abbs Ms. Gay L. Adams Mr. Richard P. Adams Mrs. Carole B. Addison Alai Associates Mr. George James Alai Ms. Aslihan Arikan Anda Mr. Raffaele W. Annonio Mr. Loren S. Archibald Mr. Andrew B. Auerbach Mr. Warren D. Bagatelle Ms. Lillian M. Bahamonde Mr. Michael F. Ballanco Mr. James W. Bancker, Jr. Ms. Susan E. Barkalow Ms. Carol E. Barker Ms. Petra R. Barone Mr. Harry C. Becker Ms. Myrtha P. Becker Mr. John F. Beckmann Ms. Diane R. Behrens Mr. Otto K. Behrens, Jr. Mr. David A. Berkman Mr. Nazmuddin Bhimji Mr. Mitchell Andrew Billek Mr. Paul D. Bisio Mr. Stephen G. Bond-Nelson Mr. Peter B. Bornholm Ms. Nancy Brady Mr. Steven J. Braynock Mr. John D. Brefach Mr. Ronald Alfred Brickett Mr. Louis Brief Mr. Raymond J. Brienza Mr. Ronald G. Brodeur Mr. Colin MacLeod Brown Mr. Marvin Burock Mr. Robert J. Butvilla Mr. Robert M. Byrne Mr. Robert S. Caldwell Mr. Fernando M. Camacho Mr. Thomas L. Cambria Mr. Nicholas Y. Campbell Mr. Cosimo Cancelliere Ms. Rochelle L. Capule Mr. Richard P. Carlson Dr. J. Douglas Carroll Dr. James J. Carroll, CPA Mr. Richard C. Carter Mr. Daniel P. Cary Mr. Robert W. Cassaday, Jr. Mr. Raymond A. Cassetta Professor Mark Castelino Mr. John B. Caswell Mr. David V. Cavagnero Mr. Robert H. Chankalian, Jr. Ms. Cheryl C. Chapman Mr. James A. Chapman Mr. Frederick Chen Mr. Jeffrey A. Cherchia Dr. Edward W. Christensen Mr. Allan J. Clelland Ms. Geraldine E. Clifford Ms. Monique R. Coates Mr. Albert E. Cook, Jr. Ms. Laura J. Coppola Ms. Anna L. Crino Ms. Margaret F. Crowe Ms. Sandra Cupac Mr. John M. Cuprzinski Ms. Gail A. Davis Mr. John F. Davis, Jr. Mr. Thomas S. Davis Ms. Gilda De Mayo De Samek Mr. Patrick E. Dean The De’Gater Foundation Mr. Anthony DeGregorio Ronald DeMaria, Esq. Mr. Clifford M. Denker Mr. Aris D. Despo Ms. Kathy E. Dettloff Mr. James J. Devine Mr. John F. Devlin, Jr. Ms. Linda J. DeWitt Mr. George H. Dickert Mr. Walter J. DiGiusto Mr. John R. Dilyard Mr. Charles Leonard Doktor Mr. Alfredo H. Dores Mr. R. Gregory Douglas Dover Fund, Inc. Dow Jones & Company, Inc. Mr. Edmund R. Drosdick Ms. Coleen A. Drucker Mr. Burton C. Dukes, C.P.A. Ms. Joan M. D’Uva Mr. Robert E. Dyke Mr. Gerald N. Eckstein Mr. Barry M. Edelman Ms. Andrea L. Eisenson Ms. Joan E. Ellen Endowment Foundation of North Jersey and Ms. Elizabeth Ann English Mr. Robert F. Eydt Dr. Timothy G. Fawcett Mr. Philip Feldmesser Mr. Anthony C. Ferreri Mr. Anthony A. Festa Mr. William A. Finelli Mr. Kerry Brian Flowers Ms. Jacquelyn Freedman Mr. David C. Freeland Mrs. Joan Fromm Ms. Peggy A. Fujimoto Mr. Joseph M. Gadino Mr. Geoffrey P. Gaebe, Sr. Mr. Henry E. Gaillard, Jr. Mr. David H. Gaither Ms. Amy P. Gallagher, C.P.A. Ms. Alice Gatti Mr. Jack J. Giordano Vincent J. Giovinazzo, Ph.D. Mr. Frank L. Glien, Jr. Mr. Irwin Goldman Mr. Robert D. Goldy Dr. Leonard Goodman Mrs. Olivia T. Goodman Mr. Alan G. Gordon Ms. Rita Gotfried Mr. Paul H. Grajek Ms. Janet E. Gregorovic Mr. Keith A. Grover Mr. Robert J. Guarnieri Mr. Eric J. Gulotta Mr. Nitin M. Gupta Joseph N. Guterl, Esq. Ms. Deborah L. HamiltonManz | 51 52 | DEAN’S REPORT • 2004–2005 Mr. Todd W. Hanus Ms. Sandra L. Harris Miss Valerie E. Harris Mr. Alfred J. Hart Mr. Kenneth Hartsaw Mr. Glenn H. Hascher Mr. Joseph Hauser Mr. Kenneth A. Heaslip, C.P.A. Mr. Kenneth E. Heberer Mr. David Hein Ms. Martha A. Heinze Ms. Sandra Henry-Soltau Ms. Jaclyn M. Herzlinger Mr. Richard M. Hildreth Mr. Mark J. Hirschhorn Mr. Frederick W. Hoag, Jr. Ms. Kimberly J. Hoey Mr. Woodrow C. Holmes Ms. Elsa L. Honma Mr. Timothy F. Horgan Mr. William A. Howe Mr. Peter B. Hughes Human Services Consultants Mr. Emmanuel Ibrahim Mr. Gabriel Jacinto Mr. William Jacobs Mr. Philippe C. Jakimowicz Mr. Edwin W. Jamieson, Jr. Ms. Cecelia Jankowski Mr. James L. Jarvis Mr. Robert K. Jaworski Mr. Mark A. Jennings John Scherzo & Company Ms. Rosalyn Johnson Ms. Vanessa B. Johnson Mr. Tiby Joseph Mr. Barry Karafin Mr. Ralph O. Kaufman, Jr. Mr. Michael J. Kawas Mr. Richard W. Keelty Ms. Virginia L. Keith Mrs. Carol Jeanne Kelleher Mr. Kevin M. Kelleher Ms. Kathleen V. Kelly Lewis Kerman, Esq. Mr. Jon R. Kettenring Mrs. Patricia F. Kettenring Mr. Manish J. Khadepau Mrs. Melinda M. Kirby Mr. Edward M. Kirchgessner Ms. Harriet S. Kirschner Mr. Marvin L. Klein Mr. Jeffrey S. Koblenz Edward Thomas Kolb, Esq. Mr. Brian L. Kolber Mr. John W. Kondracki Mr. George H. Kumler Ms. Kyoko Kurosawa Ms. Hilary Kurzer Mr. Robert A. Ladig Mr. Robert W. Landley Mr. Joseph T. LaPaglia Mr. Richard A. Laporte Mrs. Judy Latinsky Mr. Johnnie Lawrence, Jr. Mr. Odell Lee, Jr. Mr. David Lejfer Mr. Raymond C. Lender Ms. Grace T. Leong Dr. Sanjay H. Lillaney Mr. Clifford F. Lindholm III Ms. Maureen M. Locke Mr. Herbert A. Lovit Ms. Daria M. MacDonald Mr. Edward V. Mahon Mr. Carlos M. Maldonado Mr. Anthony M. Mankus Ms. Mary E. Marsjanik Mr. Russell C. Mass Mr. Clifford M. Mastrangelo Mrs. Nancy McCorry Mr. Paul J. McDonald Mrs. Elsie McGordy Mr. James M. McGrath Ms. M. Kathleen McGuire Mr. J. Cronin McTigue Omotayo F. Mebude, Esq. Mega Concentrate, LLC Ms. Joyce Gail Mendelsohn Merrill Lynch & Co., Inc. Merrill Lynch, Pierce, Fenner & Smith, Inc. Mr. David K. Metzler Mr. Barry A. Meyers Ms. Alyson B. Miller Mr. John M. Mills Mr. Theodore W. Millspaugh, Jr. Mindworks II, Inc. Mr. John E. Mintz Mr. Omieri E. Mitoko Mr. Walter A. Molawka, Jr. Mr. David T. Molowa Ms. Heidi A. Fleischer Moltner Mr. David G. Moran Mr. John J. Morreale Mr. Andrew W. Moss Mr. David W. Muha Mr. Leni N. Muscarella Ms. Mary Anne Muslovski National Philanthropic Trust, Inc. Mr. Lawrence Neceskas Mrs. Arlene M. Neivert Barbara K. Newman, Esq. Ms. Chau Nguyen Ms. Carol L. Nicolai Mr. Alan A. Nicoll, C.P.A. Niksun, Ltd. Mr. Scott A. Norwell Mr. Norman E. Oakley Mrs. Rosemary O’Brien Mr. Stephen M. O’Brien Mr. James C. O’Connell Mrs. Margaret A. O’Connor, C.P.A. Mr. Barry J. O’Donnell Ms. Beverly G. O’Grady Dr. Christian U. Ohaeri Ms. Ann C. Olsen Ms. Alexandra Ong Ms. Gretchen Marie Opicka Mrs. Pamela A. Orel Mr. James A. O’Rourke Mr. Luther B. Orr Mr. Richard John Orr Mr. George T. O’Shaughnessy, Jr. Mr. Oded Palmon Mr. Alan Gribben Parke Mr. Hitesh R. Patel Mr. Douglas J. Peebles Mr. Dennis R. Peoples, Sr. Mr. John Peoples Mr. Robert H. Petersen Ms. Sarah R. Petit Ms. Catherine M. Petrello Miss Grace A. Petrone Ms. Leslie Jean Weaver Petzing Mr. Donald M. Phillips The Pietz Family Living Trust Dr. Michael A. Pilla Mr. Frederick J. Pinkney Mr. Frank J. Pinon Mr. Robert H. Podems Mr. Norman J. Politziner Ms. Kathleen T. Quinn Mr. Richard J. Raczynski Mr. Ernest A. Rall Ms. Catherine C. Randazzo Mr. Roderick Reber, Jr. Mr. Richard C. Reilly Mr. Doug Reinstein Mr. Andrew M. Repoza Miss Nadine E. Resnick Ms. Hyona Revere Mr. Craig A. Richmond Mr. Steven J. Riecker Mr. Louis W. Rissland Mr. George H. Rittersbach Mr. Robert L. Rivers Mr. Grant A. Robbennolt Dr. Elizabeth Roberts Mr. Randall R. Roberts Mr. James P. Robinson Mr. Richard J. Robinson Dr. Joel J. Rock Mr. Frederick J. Roe Mr. Stanley P. Rogacki Mr. Thomas E. Rollins Mr. Robert C. Rosenberg Mr. Andrew J. Roth Mr. Richard C. Rumsey Ms. Laura Menza Rutkin Mrs. Kimberly A. San Fillippo Mr. Michael L. Sanyour, Jr. Mr. Robert S. Sasala Mr. Robert M. Saunders Mr. Irving Scheps Mr. Robert P. Schmidt, Jr. Mr. Jules L. Schneider Ms. Sara E. Schneider Mr. David Schneiderman Mr. William Schoenhut, Jr. Mr. George A. Schuetz, Jr. Mrs. Norma A. Schulze Mr. Scott Sedlazek Dr. Martin B. Selzer Mr. Irving S. Shaffer Mr. John A. Shapanus Samuel J. Sirota, Esq. Mr. Richard M. Skolits Mr. Stanley Thomas Skuta Mr. Howard L. Smith, Jr. Mr. Robert Gorman Smith Robert A. Sochor, Esq. Amy H. Soled, Esq. Professor Jay A. Soled Dr. Venkataramaniah Srinivasa Mr. Michael R. Stack James E. Stahl, Esq. Mr. Isaac R. States Ms. Seena D. Stein Mr. Harold I. Steinberg Mr. Russell L. Stephan Dr. Philip E. Stevenson Mr. Donald C. Stracke Mr. Robert J. Stratton Mr. Fred Strauss Mr. James M. Sturdevant Mr. William M. Sutphen Ms. Clementine B. Tabor Mr. Francis Tabor Mr. Loren T. Taylor Mr. Milton Teltser Mr. Harry W. Tenney, Jr. Mr. Peter M. Tevebaugh Mr. Carl H. Thieme Mr. Richard E. Thompson Ms. Bernadette B. Tiernan Mr. Michael H. Tomasco Michael Toscano, C.P.A. Mr. Louis Trentacoste, Jr. Mr. Richard F. Tushingham Mr. Herbert Tuteur Mr. Russel Uhrenholdt United Way of Central Jersey, Inc. Mr. Joseph J. Urbanczyk Mr. Richard F. Valera Mr. Thomas Valva Ms. Susan M. Van Ackooy Mr. Roger E. Van Ausdal Mr. Frederick W. Van Ness Ms. Joselynn D. Van Siclen Mr. Frank L. Verde Ms. Carol M. Vilsack Mr. Joseph M. Vislocky Mr. Philip Walguarnery Mr. Paul S. Walstad Mr. Norman M. Wellen Mr. Roger Wellington, Jr., C.P.A. Mr. Thomas B. White Mr. John Wilcha Mrs. Patricia Wilcha Mr. Richard D. Wilson Ms. Wendy P. Wilson Mr. Gerald Woulfin Mr. Stephen L. Wright Mr. Robert E. Ziemba, Jr. LIST OF DONORS Up to $249 Ms. Lauren S. Aaron Mr. Jerome L. Ablon Mr. Elchanan Abramowitz Ms. Lisa Abramson Mr. John David Accardi Professor Grant R. Ackerman Jacqueline Adams Agents Advantage, Inc. Mr. Richard D. Aginian Mr. Stephen E. Albrecht Mr. Steven Albrecht Mr. George N. Alexiades Mr. Mehmet Alkan Mr. Srinivas Alladi Mr. Jacques W. F. Allen Ms. Jeanne M. Allen Mr. Antonio P. Almeida Mr. Frederick C. Althen Ms. Diane L. Altmix Mr. David J. Alverson Mr. Michael F. Ambrose Ms. Tracey M. Ambrose Ambrosio Group, LLC Mr. Rami M. Ammari Ms. Anne G. Ammons Ms. Robin B. Amster Ms. Amy J. Anderson Mr. Donald F. Anderson Mr. Jeffrey M. Anderson The Andersson Group Mr. Mario F. Andrade Andrews & Associates, Inc. Mr. Dwight L. Andrews Mr. Gary A. Angyal Mr. Joel B. Anker Mr. Thomas J. Appicelli Mr. Franklin A. Applegate Mr. Michael F. Applegate Mr. Phipps Arabie Mr. Michael N. Arlea Ms. Karen S. Armstrong Mr. Eric L. Asbeck Mr. John J. Askin Ms. Ronnie B. Astor Ms. Peggy A. Austin Mr. Anthony M. Azevedo Mr. Jay M. Babich Ms. Fawn B. Baird Mr. Harry J. Baird Mr. Robert F. Baker Mr. Russell G. Baker Mr. Stephen D. Baksa Ms. Rebecca M. Baldino Thomas J. Balkan, Esq. Mr. Paul J. Ballantine Mr. John Wright Ballard III Mr. Timothy A. Ballesteros Mr. Malay Bansal Ms. Daniel Bar Jerald D. Baranoff, Esq. Ms. Corinne Kahn Baratta Mr. Leonard R. Barbato Mr. Ziad E. Barghash Mr. Taposh Bari Mr. John F. Barna Mr. Michael R. Baron, Sr. Dr. Morton L. Barr Ms. Kathleen M. Barrese Ms. Laura A. Bartels Mr. John Basalyga Mr. Guyora Bashi Mr. Raymond Bateman Ms. Angela L. Batson Ms. Lorena Battaglia Ms. Sue Battig Mrs. Anita V. Baxter Mr. Stephen L. Beal Mr. David D. Beard Ms. Lois Platz Beck Mr. Gregory A. Bedard Ms. Patricia F. Beer Mr. Harry Patrick Befumo Ms. Heather Behal Mr. Christopher A. Behnke Mr. Raymond W. Behrens Mr. Thomas C. Beitel Mr. Robert Bellasalma Mr. Aaron J. Bellish Ms. Milca Beltre Ms. Ann M. Belzner Ms. Raquel Benbunan Mr. Peter Folger Benedict Benedict-Miller Foundation Benefit Options Resource Mrs. Gladys Berger Mrs. Heather L. Berger Mr. Joseph E. Berger, Jr. Mr. Benjamin S. Bergman Mr. Jacob Bergman Mr. William E. Bergtold Ms. Marjorie S. Berk Mr. Stanley M. Berk Mr. Max H. Berlin Mr. Daniel A. Berman Mr. Scott J. Berns Sidney J. Bernstein, Esq. Mr. Joel N. Berry Mr. Patrick Kevin Berry Barry M. Bertiger, C.P.A. Mr. and Mrs. Jerrold Bertner Ms. Ellen M. Bezpa Mr. Satish S. Bhalerao Mr. Pratapsingh U. Bhatt Mr. Rohit N. Bhatt Mrs. Julie Bhimji Meyer A. Biddelman, C.P.A. Mr. Edward M. Bien Bike & Fitness Co., Inc. Mr. Leonard G. Birnbaum Mr. Louis Bisgay Mr. Chris M. Bishop Mr. James B. Bishop Ms. Nykema N. Bishop Mr. Allen E. Black Ms. Kathryn A. Blackstone Professor David W. Blakeslee Ms. Linda K. Blazier Ms. Lisa F. Blocher Dr. Fred Block Mr. Edward L. Bloomer Ms. Lydia O. Boakye Ms. Janet Bober Mr. Edward F. Bock Mr. John P. Bodmer Mr. Erik M. Bodow Mr. Kenneth I. Bonn Mr. Robert G. Bonstein, Jr. Mr. Aaron R. Bookman Mr. Leonard C. Bopf Mr. James Sutphen Bowers Ms. Marta L. Boyer Mrs. Emilie M. Bradley Mr. William P. Bradley, Jr. Ms. Alexandra Bradshaw Ms. Deirdre G. Bradway Ms. M. Carole Brady Mr. Richard P. Brady Mr. Floyd H. Bragg Mr. Ronald E. Brandt Mr. Henry M. Brasch, C.P.A. Mr. David H. Brask Mr. Scott J. Brecker Ms. Deborah R. Breien Mrs. Kathleen Smith Breiten Mr. Eric P. Breitweiser Ms. Nancy L. Breitweiser Ms. Patricia R. Bremer Mr. Timothy A. Brennan Mr. William T. Brennan Mr. Richard Craig Brief Mrs. Una M. Brienza Ms. Madeline Roizman Britman Mr. Gregory C. Britton Mr. James W. Brockardt Mr. Donald Brodie Mr. David L. Brooks Brooks Promotions Mr. Edward C. Brown Mr. Bernhard F. Bruder Mr. John C. Brulato Dr. Thomas A. Brunell Mr. Brian J. Bruno Mr. Michael E. Bruno Mr. Joseph C. Bucci Mr. William C.R. Budd Ms. Patricia Farrell Bueb Mr. Bruce Harold Buening Mr. William Buffalino Bunin Management Advisors, LLC Mrs. Willa R. Bunker Mr. David J. Burke Ms. Ellen S. Burke Mr. Francis J. Burke Mrs. Lee Ann Burke Ms. Mary K. Burke-Brown Mr. Shaun Burrell Mr. Miroslaw Burzynski Mr. Robert F. Bush Mr. Robert G. Busse Ms. Denise Butvilla Mr. Homi Byramji Mr. Albert J. Calabrese Mr. Michael Calabrese Mr. Guy Calcerano Ms. Robin A. Callaghan Ms. Kristen H. Callahan Mrs. Tara Campbell Mr. W. Robert Campbell Mr. Chris Campos Ms. Hilda Canas Ms. Barbara Canfield Mr. Steven Caniano Mr. John A. Cannilla Mr. Harry A. Capers, Jr., P.E. Mrs. Jean Ann Capozzi Mr. John J. Capozzi Mr. Michael J. Caravello Mr. James H. Carberry III Mr. Steven D. Caretsky Mr. Vincent M. Carini Mr. William A. Carnegie Mr. Anthony Carnevale Mr. Craig S. Carnevale Mr. John V. Carney Dr. Dodd S. Carr Carrier Corporation Sylvia B. Carroll Ms. Kathleen Anne Carson Mr. Robert C. Carter Mr. Edward S. Cartier Mr. Alex Carvellas Ms. Viannette C. Carvellas Mr. Lance J. Caspersen Mr. Peter E. Castellano, Esq. Mrs. Karen M. Castor Captain Louis A. Cavaliere, U.S.N.R. Arthur B. Ceconi, Jr., Esq. Mr. Patrick A. Cefalo Century Small Business Solutions Mr. Angelo C. Certo Mr. Alexander D. Ceruzzi Ms. Iveth M. Cestona Ms. Debra Challoner Mr. Carlton J. Chambliss Ms. Melanie Sulzman Chan Ms. Susan Chan Mr. Raymond J. Chaneski Mr. James S. Chardos Ms. Deborah T. Charles Mr. Richard T. Charles Charles W. Dickerson Accounting Services Mr. David S. Charney Mr. Vishal S. Chawla Dr. Chao-Chuan Chen Mr. Chun Nan Chen Mr. Liangzhong Chen Mr. Paul Chen Ms. Tammy L. Cheney Mr. Daniel H. Cheng Mr. Bernard Chetkin Ms. Eleanor A. Chichioco Ms. Prabha Chidambaran Mr. Fred E. Chilkowitz Ms. Melissa Chiu Mr. Seung A. Cho Ms. Shu-Hua Chou | 53 54 | DEAN’S REPORT • 2004–2005 Ms. Alice Christathakis Mr. H. Alan Christenson Ms. Elizabeth S. Christian Mr. Chun-Young Chu Ms. Kara D. Chubrik Mr. Richard H. Chun Mr. Raymond Joe-Yee Chung Mr. Michael S. Chunko Mr. Kenneth L. Chute Mr. Dominic Ciabattari Ciba Specialty Chemicals Corp. Mr. David A. Cicalese Mr. Angelo R. Ciccone, Jr. Mr. John J. Cicconi, Jr. Citicorp/Citibank, N.A. Mr. Thomas E. Clancy Ms. Jennifer M. Clark Mr. Kenneth Clark Mr. Leo G. Clarke III Mr. Guy L. Clemente Mr. Stephen H. Clevett Ms. Anne D. Clewell Ms. Mary Ann C. Closterman Mr. Sean P. Coakley Mr. Andrew M. Cobb Ms. Sharon A. Cochran Mr. Ted M. Cockram Ms. Lisa S. Coderre Mr. Shawn P. Cody Ms. Jeremia L. Cognetta Mr. David A. Cohen Mr. Howard Cohen Ms. Maxine Cohen Mr. Ryan Cole Mr. Harold V. Coleman Ms. Victoria L Collier Mr. George Collins Columbine Property Management Mr. Joseph Columbo Ms. Cynthia L. Colvin Mr. Roy E. Combs Mr. Dennis J. Conlon Ms. Susan B. Conlon Mr. Kevin E. Connolly Constellation Capital Corp. Continental-Aero Mr. Edward N. Cooper Mr. Garry D. Cooper Mr. Jesse H. Cooper Mr. Robert Wendell Copp Ms. Linda Mae Coppa Mr. Stephen T. Corby Mr. Mark F. Corgan Mr. Mario Cornacchia Ms. Alison A. Cornell Mr. Michael J. Cornetto Ms. Katherine M. Corr Richard F. Corsetto, Esq. Mr. Frank A. Corso, Jr. Mr. Joseph J. Cortese Mr. Allan J. Costantin Mr. Kevin L. Costello Dr. Marie L. Cote Mr. Christopher W. Cotnoir Ms. Theresa A. Cotter Couse & Bolten Co. Belting & Hose Mr. Edgar Coussette Ms. Carol D. Cowley Mr. Jeffrey C. Cramer Mr. Peter J. Crerand, Jr. Ms. Frances J. Crocco Ms. Elizabeth G. Croft Ms. Lisa R. Cronin Ms. Sharon R. Cross Crown Travel Service, Ltd. Mr. Ervin Cruce Mr. Hernando V. Cruz Mr. John R. Csatlos Mr. Raymond Cuneo, Jr., C.P.A. Mr. David E. Cuozzo, Jr. Ms. Deana T. Curcione Mr. James G. Cusson Mr. Martin Joel Cutler D. Cohen Associates, Inc. D.A.L.S., Inc. Mr. Alan E. Dages Mr. Zhisheng Dai Mr. Lyman Dally Ms. Shardona Daneshvari Dr. Carter A. Daniel Mr. Craig C. Daniels Ms. Michele C. Dannatt Mr. Francis Dascoli Mr. Kiran M. Dasgupta Dr. Joseph F. Dash Ms. Maria DaSilva Ms. Rose S. DaSilva Mr. Deepak A. Daswani Mr. Y. Douglas Davidian Ms. Elisa S. De Jesus Ms. Deborah J. DeBourg-Brown Ms. Katherine J. Decker Mr. Alfred Bart DeFuria-Yanni Mrs. Adria L. DeGregorio Ms. Maria E. Deisasi Mr. Jose Claudio del Castillo Ms. Andrea L. Del Grosso Ms. Jennilee A. DeLeon Mr. Christopher B. Dell Mr. Donald Paul DeLuca Mr. Richard J. DeMarco Mr. Robert J. D’emilio-Van Liere Mr. Thomas J. Dempsey Mr. Kirk R. DeNee Mrs. Roberta Dening Ms. Linda M. Denivo Ms. Sylvia J. Dennison Mr. Steven Charles DeRienzo Mr. Rohitkumar N. Desai Ms. Ishita Deshmukh Mr. Joseph Desmond Mr. Stephen G. DeTommaso Mr. Frank Devito Mr. Anuj Dhanda Mr. Louis C. Diani Mr. David F. Dias Mr. Charles W. Dickerson Mr. Roy M. Dickinson Mr. F. Lawrence Dickt Mr. Stephen J. DiPaolo Mr. Patrick J. DiSanto Mr. Robert W. Dodds Mr. David P. Doelger Mr. Philip H. Dohn, Jr. Mr. Joseph P. Dolan Ellen L. Dollard Mr. David Martin Dondershine Ms. Ellen Donnelly Ms. Virginia A. Doren Mr. W. Jay Dorn Mr. James F. Dougherty, Jr. Ms. Lynne M. Douglas The Dow Chemical Company Ms. Barbara Lyn Dowd Mr. Edward J. Dowling Theodore and Nancy DownesLe Guin Judith Drasin, Esq. Mr. George Drelich Mr. John M. Drennan Professor James V. Drew Mr. Robert L. Dreyfus Mr. Edward J. Dubiel, Sr. Ms. Jennifer Sharp Dudley Mr. Robert B. Duncan Mr. Michael J. Dunleavy Mr. Peter J. Dunn Mr. Cameron S. Dunnan Mrs. Ruth E. Dunnan Mr. Nicholas F. Durante Ms. Janet W. Dwork E.T. Consulting Mr. Dennis C. Earle Mrs. Elizabeth Earle-Wolff Mr. Charles C. Easton III Mr. Carl H. Eckert Ms. Grace Edelstein Edgerton Enterprises, Inc. Mr. Paul T. Edgerton Mr. Robert M. Edwards Ms. Stacia M. Edwards Ms. Erika L. Egan Ms. Roberta A. Eggert Ms. Sandra H. Egizi Dr. Jerry S. Ehrlich Ms. Robin A. Ehrlich Mr. Michael R. Ehrmann Mr. Henry E. Elkhoury Ms. Jill A. Ellermeyer Mr. Edward G. Ellis Mr. William W. Ellis, C.M.A. Ms. Kristi A. Ellsworth Mr. Wael M. El-Nagar Mr. Barry D. Emin Mr. Herman K. Eng Mr. Leo Eng Mr. William S. England Paul J. Englert Ms. Christine A. English Ms. Lori A. Eppel Mr. Edward M. Epstein Mr. Thomas E. Ercolano Eric A. Beck and Associates, Inc. Ms. Mary Eriksson Mr. Paul V. Esposito Mr. Ivan A. Estrada Exxon Mobil Corporation Ms. Anna B. Ezrokhi Fabulous Handprints, Inc. Mr. William H. Faetz Mr. William F. Faherty, Jr. Ms. Debra L. Faigen Ms. Laura D. Falk Mr. L. Joseph Fallon Mr. John J. Farmer Mr. Gregory D. Farrell Ms. Raquel J. Fasciani Mr. Jeffrey M. Fass Mr. Patrick M. Faughnan Mr. Robert J. Fechter Mr. Gregory E. Feder The Honorable Julius A. Feinberg Mr. Mark A. Feinberg, C.P.A. Mr. Matthew Feiner Ms. Wendy Feiner Mr. Charles A. Feitner Mr. Gerald R. Feldman Mr. Steven Eric Feldman Ms. Susan A. Feldman Mr. Ihor W. Ferencevych Mr. Frank Ferrandino Mr. David A. Ferrante Mr. Johan A. Ferreira Ms. Lisa A. Ferrigno Mr. R. William Ferris Ms. Debra Lee Fey Ms. Danielle Fidurski Ms. Anne M. Fifick Mr. Felismino A. Figueira Mr. Robert J. Fillinich Mr. James G. Finfinis Miriam Fink Mr. Steven H. Fink Mr. Robert E. Fiorentino Mr. Sanford Firsichbaum Ms. Brenda J. Fischer Mr. Aharon A. Fischman Mr. Stephen F. Fisher Mr. Ronald B. Fishman Ms. Patricia A. Fitton Mr. Kevin F. Fitzgibbon Mr. Michael H. Fleischner Ms. Eileen Flora Ms. Martha A. Flynn Mr. Timothy Paul Foley Mr. Michael Thomas Folkman Mr. Raymond S. Folkman Mr. Gregory J. Forbes Mr. Christopher R. Ford Mr. Thomas M. Ford, Jr. Ms. Beth R. Forman Mr. Michael A. Fortunato Foster-Orben Charitable Trust Ms. Heidi E. Fox Mr. Neil A. Fox LIST OF DONORS Ms. Lisa F. Fraites-Dworkin Mr. Derven P. Francis Mr. Louis J. Francis Mr. William H. Francisco Mr. Joseph H. Frank Ms. Donna L. Franklin Mr. Robert A. Franks Ms. Tirza R. Freeman Ms. Susan M. Freese Ms. Janet Fiedler French Mr. Alexander D. Fried Mr. Allan Jay Frischman Ms. Roberta Frishman Mr. Jerome S. Frommer Ms. Jill Anne Frost Mr. John A. Frost, Jr. Ms. Georgiana I. Frostick Fully Awake, Inc. Ms. Helen Fung Mr. Ralph A. Fylstra Marcia and Charles Gabbe Dr. Sandra Gabriel Mr. Peter Gadek Mr. Christopher G. Gaeta Mr. Krzysztof J. Gajda Ms. Kathy Galanty Mr. Bart P. Galella Ms. Francis W. Gallent Mr. John W. Galuchie Mr. Alejo Gamolo Ms. Asuncion Gamolo Mr. Dennis P. Gannon Mr. William N. Garbarini Ms. Marie E. Garbin Ms. Nury M. Garcia Mr. Thomas P. Garrihy Ms. Catherine E. Garrity Mr. Matthew Garson Mr. P. Fredric Gastrock Mr. James M. Gavigan Mr. Kodzo Gbewonyo Mr. Adam George Gebauer Ms. Julie A. Geffke Mr. Harry L. Gelman Mr. Richard J. Gelmetti Mrs. Michele A. Gementgis Mr. John C. General Mr. Richard A. George Professor Varghese P. George Ms. Roksolana T. Geramita Ms. Ilene M. Gerber Mr. Michael Germinario Dr. Geetha R. Ghai Mrs. Marcy C. Ghirardi Ms. Anne M. Ghosh Mr. Ronald W. Giaconia Mr. Harry E. Giberson Ms. Sharon Gifford Mr. George Gilbert Mr. G. Bruce Gillie Mr. Ronald F. Gilrain Mr. Thomas H. Glanfield Mr. Russell J. Glapion Mr. Andrew R. Glassman Alfred W. Glauner, Esq. Ms. Ann M. Glendenning Mr. Donald A. Glendenning Ms. Marivic Go Mr. Earl R. Gochey Mr. David Lee Godfrey Mr. Barry G. Goldberg Mr. David Goldberg Mr. Mannie Goldberg Ms. Belle Goldklang Mr. Michael Goldman Stanley D. Goldman, Esq. Mr. Leonard J. Goldner Dr. Aida Goldstein Mr. Eric Goldstein, C.P.A. Mr. Marc S. Goldstein Mr. Mitchell P. Goldstein Mrs. Salma M. Goldstein Mr. Theodore P. Goldt Mr. Arnold Golieb Ms. Yvette Gomez Ms. Sandra N. Goncalves Mr. Manuel C. Gonclaves Ms. Adelia D. Gonzales Mr. Pramod Gopalakrishnan Ms. Margaret Gorman Ms. Wendy L. Gottlieb Mr. David M. Green Mr. James J. Green Ms. Joana V. Greene Mr. Steven C. Greenfield Mr. James A. Gregoire Mr. Kenneth J. Greico Mr. Michael D. Gribin Mr. Karn W. Griffen Ms. Patricia E. Griffin Ms. Carol P. Griffiths Ms. Diana Kiozpeoplou Grina Mr. James R. Groden Mr. John P. Gross Ms. Michele A. Grossman Ms. Christine Grotz Mr. Mark C. Gruensfelder Mr. Barry Paul Grummer Mr. John Joseph Grygiel Mr. James J. Guardino Mr. Jeremy T. Guenter Mrs. Doris M. Guerrasio Mr. Michael E. Guerrasio Mr. Eric S. Guether Mr. Gary W. Gulden Ms. Hwey-Hwey Guo Ms. Ilene A. Hadler Mr. Raymond H. Hakim Mr. John A. Hall Ms. Maureen G. Hall Mr. Henry Hallerman Mr. Kevin J. Halloran Mr. Jeffrey A. Halpern Mr. Arthur H. Hamlin Dr. Peggy A. Hanaver Ms. Maxine A. Hanson Dr. Homer R. Harding Mr. William H. Harle Mr. Sherman Harmelin Mr. David J. Harris, Jr. Ms. J. Gail Harris Jack S. Harris, C.P.A. Jill A. Harris Ms. Maryann M. Hartel Hartford Life Insurance Company Mr. Gordon Hartley Mrs. Jennifer A. Hartman Ms. Patricia M. Hartnett Mr. John H. Hastings Mr. Francois P. Hatte Mr. Gerald M. Haupt Mr. Kenneth C. Hausser David A. Haworth, Esq. Ms. Nia D. Haynes Mr. Richard L. Hearne Ms. Judith Heaton Mr. Andrew H. Heiden Mr. Robert L. Height Mr. Ray E. Heiney, Jr. Mr. Ernest J. Heinly, Jr. Mr. Frederick M. Held, Jr. Mr. and Mrs. Richard Helm Mr. Brian J. Helmlinger Ms. Patricia A. Henderson Mr. Robert J. Hennessy Mr. Carl E. Henry Mr. Robert B. Herington Ms. Rosalyna Hermawati Ms. Theresa A. Heroux Mr. Michael Herzlinger Ms. Laura A. Herzog Mr. David W. Hess Mr. David D. Heyman Mr. Norman Samuel Heyman Mr. Simon D.J. Hibberson Ms. Shalawn R. Hilliard Ms. Nina M. Hilyard Mrs. M. Frances Himpele Mr. Robert T. Hinderliter Ms. Cynthia Hinson-Gardner Mr. Gerard F. Hische Ms. Cynthia A. Hitzman Ms. Carol C. Ho Mr. Emman Ho Mr. Howard Hoch Barry M. Hoffman Ms. Elaine K. Hoffman Mr. Jeffrey A. Hollowniczky Ms. Lori Ann Holly Mrs. Laurie Latham Holt Mr. Daniel J. Hope Horizon Media, Inc. Mr. David C. Horowitz Mr. Zoltan P. Horvath Rodney N. Houghton, Esq. Ms. Janet S. Howard Ms. Mary Ann Hoydal Dr. Andrew K. Hrechak Ms. Shih-Ying L. Huang Mr. John B. Hughes, C.P.A. Mr. Mark J. Hughes Mr. James R. Hulsmann Mr. Frank B. Hundley Mr. Robert J. Hurley | Ms. Mary Huston Mr. John M. Hutchins Mr. John B. Huttlinger, Jr. Mr. Herbert J. Hymanson Mr. Thomas P. Iadevaia Miss Marie V. Iadipaoli Mr. Mark J. Iannini Mr. Thomas M. Iezzi International Financial Services Associates, LLC Mr. Ronald F. Iovino Mr. Andrew W. Ip Mr. Richard A. Isaac Ms. Diane I. Ives J. Carney Business Communications Miss Mary F. Jackson Mr. Albert Jacobs Ms. Deborah S. Jacobs Mr. Richard M. Jacobs Ms. Sue Luckman Jacobs Ms. H. Susan Jacobson Mr. Ronald P. Jacobson Mr. Herzel Jacoby Mr. Melvin M. Jacoby Ms. Debra L. Jaeger Mr. Rajiv Jain Mr. David W. James James M. Sears Associates Mrs. Ilene B. Janofsky Ms. Janis T. Jardiniano Jaro System Associates, Inc. Mr. James M. Jay Mr. Buddy E. Jedd Mr. Albertus Jenkins Mr. Louis J. Jensen The Johnson Agency, Inc. Mr. Alvin D. Johnson Mr. Laurance D. Johnson, Jr. Mr. Mark E. Johnson Mr. Roy E. Johnson Mr. William T. Johnson Mrs. Elyse G. Jonas Mr. Negorie Jones Mr. Raymond E. Jones Mr. Jeffrey L. Josephson Josephson Venture/Marketing, Inc. Mr. Bryan C. Joslin Mr. Joseph E. Junda Mr. Arthur W. Jurema Ms. Terri G. Juszynski K. Hovnanian Enterprises, Inc. Mr. Saqib Kadri Mr. Joseph M. Kairen Professor Stanley Kaish Mr. Venkat E. Kakani Mr. Jairam N. Kamath Mr. Robert C. Kampe, Jr. Ms. Miriam Milchman Kane Mr. Gregory S. Kaplan Ms. Cindy D. Karasick Mr. Daniel H. Karp Ms. Helaine Karp-Giorgio Ms. Caryn S. Kasmanoff Mr. Morton R. Kaufman 55 56 | DEAN’S REPORT • 2004–2005 Mr. David M. Kavula Ms. Raquel M. Kay Mr. Joseph F. Kearns, Jr. Mrs. Kathleen Brown Kelley Mr. Paul J. Kelley Mr. David N. Kelly Mr. William R. Kelting III Mr. Zoltan Kemeny Ms. Barbara K. Kennedy Ms. Denise D. Kennedy Mr. Joseph F. Kennedy Mr. Philip J. Kenny Mr. George H. Kerner Mr. William A. Kersten Mr. Fred B. Kesselman Mr. William R. Kesting Dr. Abu T. Khan Mr. Pramod K. Khanna Mr. Mohammad Khurshid Mr. Bruce Kim Mr. Fred C. Kimler Mr. Francis J. Kimlicka Mr. Dennis A. King Mr. Jason F. King Mr. Raymond A. King Ms. Beth D. Kinney Mr. Edwin Allen Kirch Mr. Thomas Kirschenbaum Mrs. Lynn M. Kirshner Mr. Tadeusz J. Klas Ms. Terri F. Klass Mr. Herman I. Klayman Mr. Robert J. Klecanda Mr. Brian S. Klein Mrs. Donna L. Klein Mr. Richard I. Klein Mr. Paul S. Klick III Mr. Robert D. Knapp, Jr. Ms. Veronica Knauss Ms. Barbara Knobler Ms. Bindu M. Koduri Mr. Frank E. Koehl, Jr. Mr. Alan L. Koerner Mr. Edward J. Kohere Mr. Robert S. Kolker Ms. Elaine Koong Ms. Liat Korchak Mr. H. George Kornbluth Mr. Herbert W. Korte Ms. Andrea Koskulics Mr. George E. Koutsopetras Mr. Randy L. Kovach Mr. Isidor E. Kraemer Mr. Arthur R. Kramer Ms. Judith Rebecca Kramer Mr. Talbot B. Kramer Mr. John T. Kratunis Mr. Gary R. Kraus Mr. Shawn P. Kremus Mr. Albert Krupnick Mr. John F. Kuhn Mr. Raymond Kunz Mr. Walter G. Kunz Ms. Terri R. Kurtzberg Mr. David S. Kuznick Ms. Robin B. Baker Kwestel Mr. John F. Kwiatek Mr. Steven B. LaBold Mr. Walter Lacz, Jr. Mr. Domenick Lagaipa Ms. Jennifer Spiegelman Lakind Mr. Rocco Anthony LaManna Mr. Louis Arnold Lamedica Ms. Deborah T. Lampf Mr. James P. Langan Ms. Adriana A. Lange Mr. Craig A. Lange Mr. Joseph F. Lanzetta Ms. Kathleen M. Larkin Ms. Patricia A. LaRoss Ms. Debra A. LaSala Mr. Arnold I. Lasner Mr. Umar Latif Mr. Tony Man Kay Lau Mr. Robert F. Lauzeckas Mr. Lawrence P. Lavelle Mr. Daniel P. Lavery Mrs. Doris E. Lavery LDP Associates Mr. Gabriel P. Ledesma Alan M. Lee, D.D.S. Ms. Allison W. Lee Mr. Jefferson J. Lee Mr. Kaiping D. Lee Mr. Roderick G. Lee Mr. Michael E. Leeds Mr. Charles Lees Mr. Daniel Leffel Mr. Erich J. Lehmann Ms. Cheryl S. Lejfer Ms. Marilyn T. Lelek Mr. Joseph B. Leopold Ms. Wendy J. Lereah Ms. Elycia L. Lerman Richard F. Lert, Esq. Ms. Julia Levich Professor Daniel Z. Levin Ms. Mariette Facq Levine Mr. Yitzchok G. Levine Ms. Lisa B. Levy Mr. Benjamin C. Liao Mr. Irving Licht Life Planning Institute, LLC Ms. Lorraine Limaldi Mr. Allen William Lindstrom Mr. David S. Lindstrom Ms. Elizabeth H. Liou Mrs. Carla Lipari Ms. Qing Liu Ms. Yao Liu Mr. John J. Lomash Mr. Nicholas Lordi, Jr. Mr. Douglas G. Lovell Mr. Alan H. Lovich Ms. Angela M. Lowe Dr. Robert Lowenstein Ms. Lilia A. Lozarito Mr. Gary J. Luciano Mrs. Mary E. Ludeking Mr. William R. Ludeking Ludeking & Associates, P.A. Mr. John J. Lupinski Mr. John G. Lynch Mrs. Georgette M. Lyons Mr. Yongkang Ma Mr. Brian S. MacConnell Mr. Lawrence J. MacDowell Mr. Michael S. MacFarland Mr. James R. Mackesy Mr. Laird L. Macomber Ms. Deborah L. Macon Mr. Rocco J. Magliozzi Ms. Ketaki Mahajan Mr. Rajesh K. Maheshwari Mr. Kenneth J. Mahon Mr. Robert W. Maidt, Jr. Mr. Allan Maitlin Ms. Anna M. Majeranowski Mrs. Shirley Malamut Mr. Anthony J. Malanga Dr. Richard E. Malecz Professor Ayesha Malhotra Ms. Eileen J. Malimban Mr. Dorka P. Maloon Mr. Franklin T. Manasso Mr. Elliott Mandl Mr. George E. Mangarelli Mr. Karamjeet Mangat Mr. Philip L. Mangone Mr. James H. Manifold Mrs. Judith U. Mann Mr. William R. Mann Ms. Sharon M. Manning P. Scott Mantone, Esq. Mr. Albert N. Marchio II Mr. Evan L. Marcus Ms. Jean K. Marcus Ms. Elena Marell Mr. Jack Marias Mr. David E. Markiewicz Mr. Eugene C. Marotta Mr. Christopher W. Marra Ms. Teresa Marron Ms. Barbara Ann MarshallZank Mrs. Carol Lee Martancik Mrs. Catherine S. Martin Mr. James A. Martin Ms. Andrea R. Martinez Ms. Sherry E. Martini Ms. Susan C. Martini Ms. Mary L. Mascarin Mr. William J. Mason, Jr. Ms. Cassie A. Masone Mr. Louis P. Massa Mr. M. Michael Massa Mr. Curtis A. Massey Ms. Victoria Massulli-Lesser Ms. Stacy A. Mastrolia Mr. Benjamin Masutomi Mr. John C. Matera Mr. and Mrs. Robert Joseph Materna Mr. Amit P. Mathai Mr. James F. Matthiessen Mr. Peter T. Matzek Mr. Peter B. Maulbeck Ms. Christine C. Mayer Mrs. Linda Maynard Mr. Lawrence A. Mazza Mr. Joseph F. Mazzilli Ms. A. Rockwell McBride Mrs. Eleonore B. McCabe Mr. Brian P. McCarthy Mr. John J. McCarthy Ms. Margaret Mary McCarthy Mr. Thomas M. McDermott Mr. John A. McDonald Mr. Thomas McDonald Mr. Christopher McGuigan Mr. Sean T. McHugh Mr. Lloyd D. McJunkin Mr. William Stephen McKinnon Ms. Margaret M. McMahon Mr. John M. McMeekan Ms. Joyce S. McNeeley Mrs. Catherine M. McTigue Mr. James A. McVea Mr. Thomas R. McVeigh Steven A. Meetre, Esq. Mr. Dipakkumar M. Mehta Mr. Shimul N. Mehta Ms. Lisa Myhren Mehthoff Mr. Christian Mekarzel Howard J. Menaker, Esq. Mrs. Peggy G. Menaker Mr. Serafin G. Menocal Ms. Monica E. Merel Mr. Peter Merriken Mr. Irwin W. Messer Metrotemp Services Company, Inc. Ms. Nicole E. Metzger Mr. Jeff Meyer Mr. Milton Meyerson MGM Properties, Inc. Ms. Padmalatha Mikkilineni Ms. Karen S. Mikula Ms. Andrea Tunis Miller Mr. Charles M. Miller Mr. Charles W. Miller Jerome R. Miller, Esq. Mr. Leigh S. Miller Mr. Ralph Joseph Miller Mr. Scott C. Miller Mr. Stephan C. Miller Mr. David R. Millison Mr. Paul F. Milora James Milton, Jr., Esq. Mr. Michael Mina Mr. David A. Minchala Mr. Jeffrey M. Minick Ms. Catherine W. Minnihan Mr. Marvin L. Mintz Mr. Wayne S. Mircoff Mr. Stephen P. Miritello Ms. Nuzhat Mirza Mr. Zain Mirza LIST OF DONORS Mr. Vipul B. Mistry Mr. Howard C. Mitchell Ms. Maxine Mitchell Mr. Robert C. Mittnight Ms. Lorraine C. Mnich Mr. Steven Moccio III Mr. Brij R. Mohal Mr. Gary L. Monroe Mr. Andrew E. Montgomery Mr. John R. Mooney Ms. Susan Giese Moore Mr. Angel L. Morales Mr. John V. Moran IV Mr. Raymond F. Moran Mr. Joseph R. Morlino Mr. James O. Morrison Mr. Jeffrey C. Morse Mr. Andrew J. Mortenson Mr. Timothy J. Mortenson Mr. Louis Mosesof Mrs. Rhoda Appel Mosesof Mr. Al Moskowitz Mrs. Barbara K. Moskowitz Mr. Russell L. Moskowitz Mr. Stanley J. Moskowitz Ms. Iveth P. Mosquera Mr. Richard H. Mount Mr. Timothy I. Mountford Mr. David C. Moynihan Mr. Ernest C. Mueller Ms. Denise E. Muglia Ms. Elizabeth Mulholland Mr. James Mullen, Jr. Ms. Denise E. Mulligan Mr. Edward A. Mungiole, Jr. Ms. Shyamala Muralikrishnan Ms. Tracey A. Murch Mrs. Carol F. Murfitt-Kassay Ms. Denise Barton Murphy Mr. Francis M. Murphy Mr. James H. Murphy Mr. Edwin P. Murray Mr. Anantha R. Muscu Mr. Moses S. Musoke Ms. Robin Alecia Muth Mr. Myles J. Mutnick Mrs. Lynn Bennett Myers Mr. Max I. Naggar Ms. Audrey Nagler Mr. Bruno Nagler Ms. Nancy A. Nakamura Mr. James F. Naklicki Mr. Anan Natarajan Mr. David S. Natelli Mrs. Nancy S. Natelli Natexis Banque Populaire National Association of Home Builders Ms. Margaret T. Natter Ms. Frances Neceskas Ms. Mahima Negi Mr. and Mrs. Charles H. Negraval Mr. Cort A. Neimark Mr. Sean A. Nelson Mr. Bryan C. Nemeth Dr. John V. Nevers New Jersey Builders Association Mr. William E. Newburry Ms. Elaine L. Newby Mr. Ed Newman Mr. Ray L. Newman Mr. Mitchell A. Newmark Mr. Matthew R. Nichols Mr. John Nicol Mr. John J. Nicola Mr. Martin T. Nicoll Ms. Carol R. Nielsen Mr. Mark D. Nienstedt Mr. Alexander Nimako-Mintah Mr. Gaston E.N. Njume Mr. Stephen O. Noble Mr. John J. Noonan, Jr. Mr. Thomas B. Noonan Mr. Michael J. Norcia Mr. Richard J. North North Brunswick Pharmacy, Inc. Ms. Susan G. Norton Mr. Thomas S. Novak Dr. Jerome H. Nozick Mr. James D. Nuber Mr. Frederick L. Nuttall Mr. Michael D. Oakley Mr. Siddhartha Oberoi Ms. Ngozi O. Obi Abili Ms. Elissa B. Obolsky Mr. Lawrence P. O’Brien Thomas A. O’Brien, Ph.D. Dr. Liam J. O’Callaghan Mr. Greg A. Ochojski Mr. Edward W. O’Connell Mr. Scott C. O’Connell Mr. Robert M. O’Connor Mrs. Cynthia A. O’Donnell Mr. Michael Oehme, C.P.A. Mr. Kurt A. Ogg Dean D.T. Ogilvie Mr. Shinji Ogino Mr. John A. O’Grady Mr. Stephen C. O’Hara Mr. Paul C. Okafor Mr. Ejiofor Okoye Mr. Walter Olearczyk Mr. Anthony J. Oliva Mr. Gregory S. Olsen Ms. Isimeme Omogbai Mr. Dennis J. O’Neill Ms. Carol C. Ors Mr. Alfred R. Orsini Mr. Michael G. O’Shea Mr. Eric W. Ostrageo Ms. Gail Anne Ostrove Mr. Jeremiah J. O’Sullivan Ms. Antoinette Outwater Mr. Savas S. Ovadias Ms. Joy Ovedia Mr. Gary C. Overstreet Ms. Lori Michelle Pachter Mr. Michael J. Pachter Mr. Curt L. Palatsky Mr. Mark T. Palinski Ms. Joan Palladino Ms. Carolyn Pallitto Mr. Vincent Pallitto Mr. John S. Palma Mr. Jack Pan Ms. Sarah Pancer Mr. Theodore Panis Ms. Katherine R. Pantages Paparone Housing Co., Inc. Mr. Anthony John Parenti, Sr. Mr. Charles G. Partington Mr. Danilo Buraga Pascual Mr. Edward P. Pasino, Jr. Mr. Peter J. Passalacqua Mr. Timothy M. Pastorino Mr. Perry W. Patterson Mrs. Sharon Whitman Paul Mr. Michael S. Pawelczak Pearson Business Services Ltd. Mr. Edward Pec Mr. Fred Peloso Mr. Michael Peluso Mr. Robert S. Perelman Mr. Michael J. Peretz Ms. Ivette Perez Ms. Ann L. Perkins Mr. Robert Perlman Mr. Milton Peskin Mr. William C. Petersen Mr. Michael John Petruzziello Mr. Calvin M. Pettigrew Ms. Catherine E. Petzinger Mr. Robert F. Pfister Mr. Tinh V. Pham Mr. William B. Philipbar Mr. Michael W. Phillips Ms. Jacqueline L. Picciano Mr. Noel C. Pick Mr. David W. Pickett Mr. Seweryn Pietruszewski Mr. Jerome Pill Pill, Dear & Company Mr. Richard H. Pilsbury Mr. John E. Pinto, Jr. Ms. Catherine M. Pluchino Mr. Bruce R. Pohlig Mr. L. Frederick Polakoff Mr. Adam J. Pollock Mrs. Mariane Drygas Pope Mr. John W. Popp Mr. Albert S. Porter, Jr. Mrs. Patrici Postoll Mr. Gregory Pouliot Ms. Juliet Sampson Powdar Mr. Paul G. Power Mr. William Lawrence Powers Mr. William C. Pratt III Ms. Ruth B. Preis Mr. Louis E. Prezeau Mr. Ronald F. Price Mr. Vineet Pruthi Mr. George Purcell Mr. Daniel G. Pursley Mr. Kenneth Pushko Mr. James E. Putnam Mr. Edward K. Pyne Mr. Keith Quarles Ms. Lisa M. Quartarolo Mr. Mark L. Quinn R.A. Kohnen & P.A. Wacker Mr. Eduardo Rabadan Mr. Michael Raddie Ms. Dorothy Z. Radlicz Mr. Vincent S. Raguseo Mr. Ramesh Ramachandran Mr. S. Abraham Ravid Mr. Ramu G. Raykar Mr. George R. Rayner Mr. Carl Razza Ms. Margaret M. Reale Ms. Constance Reber Mr. Donald A. Redding Mr. Jon H. Rehnberg Mr. Joel I. Reichbart Mr. Adelbert W. Reickord Mr. Hans F. Reiss Mrs. Syril Strauss Reitman Mr. Frederick A. Reker Ms. Rose Remmett Ms. Phyllis Lieberman Remolador Mrs. Irma Remstein Ms. Martha L. Rennie Mr. David A. Reynolds Ms. Karen S. Reynolds Ms. Suzanne E. Reynolds Mr. Lenny J. Reznik Ms. Paula J. Rice Ms. Terri Rich Mr. David A. Richardson Mr. Marvin S. Riesenbach Ms. Renee Riga Mrs. Cynthia Riggs Mr. Joseph Riggs Mr. David G. Rissmiller Mr. Marc J. Ritenhouse, C.P.A. Ms. Francine Rizzuto Mr. Kriangsak Roajphlastien Mr. Leonard Robinowitz Mr. Craig Robinson, C.P.A. Devon J. Robinson II Mr. Gary T. Robison Mr. Gary W. Rodgers Mr. Richard Rodrigues Mr. Jose L. Rodriguez, Jr. Judith Martinez Rodriguez, R.Ph.D. Mr. Jonas P. Rome Mrs. Barbara Rood Mr. Howard Rood Ms. Jane H. Rooney Ms. Sally A. Rosen Dr. Jerry M. Rosenberg Mr. David R. Rosenfeld Mr. William Rosengarten Mr. Leslie M. Rosenthal Mr. Alan Rosenzweig Ms. Donna I. Rosenzweig | 57 58 | DEAN’S REPORT • 2004–2005 Ms. Rachel D. Rosner Mr. Carl Rossi Mr. David Z. Rossi Ms. Louise T. Rossi Mr. Mark J. Rotariu Mr. Jeffrey S. Roth Ms. Judith E. Rothbard Mr. David M. Rotter Ms. Cheryl Rovello Ms. Anik Roy Mr. Stephen Royall Mr. Robert E. Royes, Jr. Mr. Samuel H. Roznitsky Mr. Richard John Ruban Mr. Frank J. Rubino Mrs. Marilyn Y. Rubinstein Mr. William A. Rudowitz Ms. Tonya A. Rufus Russell-Stanley Corporation Mr. Daniel G. Russo Rutgers University Foundation Mr. James M. Rutledge Ms. Christina D. Ryan Ms. Lori A. Ryan Mr. Richard J. Rychlik Ms. Karen W. Sabella Mr. Douglas Q. Sachtleben Mr. Samuel Safran Mr. Rajesh Sahni Dr. Clifford M. Sales Mr. Eugene A. Sales Mr. Philip Salimbene, Jr. Professor William Salowe Mr. Christopher A. Salvaggio Mr. Harvey M. Samachson Ms. Rebecca Lapid Samson Ms. Estrella Sanchez Mr. Richard A. Sander Mr. Jerome H. Sanders Mr. Darrin J. SanFillippo Mr. Alexander Sannella Mr. Richard A. Santa Dr. Robert C. Sarajian Mr. Stanley N. Sarama Mr. Stephen E. Sass Mr. Paul J. Sauerland Ms. Irene M. Saulino Mr. Joseph V. Saxton Mr. John M. Scansaroli Mr. Kenneth Karl Schaefer Mr. Russell D. Schenk Mr. Steven C. Schinella Mr. Louis A. Schlager Mr. Mark J. Schmieder Mr. Earl F. Schneider Ms. Gina Schneider Ms. Rachel S. Schneider Mr. James V. Schnurr Mr. Melvin J. Schoem Mr. John R. Schoemer Mr. Jonathan G. Schraft Mr. John E. Schramm, Jr. Mr. John P. Schreiber Mr. Henry T. Schreyer, Jr. Ms. Amanda M. Schubel Mr. Joseph C. Schuh Mr. Carl A. Schulz III Ms. Alice Schwartz Mr. Bernard A. Schwartz Ms. Brenda L. Schwartz Ms. Carol E. Schwartz Mrs. Iris D. Schwartz Mr. Matthew Schwartz Mr. Seymour B. Schwartz Mr. Sidney G. Schwartz Mr. Stanley Schwartz Mrs. Barbara Scibetta Ms. Amy B. Scott Ms. Eileen M. Scott Mr. Leonard Scrudato, Jr. Mr. Michael J. Scrudato III Ms. Mary Kay Scucci Mr. Arthur M. Scutro, Jr. Jennifer S. Scutti Mr. Jeffry Seid Mrs. Karen Seid Mr. Mark L. Seiden Mr. Scott Eliot Seidman Mr. David Sejda Ms. Shelly A. Selesky Mrs. Jocelyn D. Sell Shirley and Morton Seltzer Mrs. Frances M. Sentner Service Corps of Retired Executives Charles F. Seymour, C.P.A. Mr. Nicholas C. Sfiris Mr. Glenn R. Shafer Mr. Sandip Shah Mr. Kevin F. Shalit Anita and Irving Shapiro Mr. Mark D. Shapiro Mr. Roy L. Shapiro Mrs. Toby H. Shapiro Ms. Anindita M. Sharma Mr. William J. Shatynski Mr. Robert J. Shaw, Jr. Meghan M. Shea Mr. Robert James Sheehan Ms. Yongmei Shen Ms. Linda H. Shepard Ms. Rebecca A. Shepherd Mr. Peter H. Sherlock Mr. Roger W. Sherman Ms. Catherine K. Sheu Dr. Eun S. Shim, C.P.A., C.M.A. Mr. Taikoo Shing Mr. Joshua Ernest Shockley III Ms. Marissa M. Shollenberger Ms. Martha Shorte Mr. Raymond R. Showfety Mr. Lloyd A. Shuke Mr. Alan R. Siegel Mr. Harold Siegel Dr. Phyllis A. Siegel Ms. Sheri Siegelbaum Mr. Ian A. Silverman Mr. Jeffrey J. Silverman Mr. Francis J. Simone Mr. Yusuf Simsek Ms. Cynthia O. Siu Mr. Mark J. Sivilich Mr. Michael A. Skalski Ms. Trudy Sklans Mr. Robert G. Slawek Mr. Steven E. Slawson Mr. Stanley M. Slobodien Mr. Michael S. Slomsky Dr. David Leroy Smart Mr. Lee A. Smeriglio Mr. Lawrance B. Smerin Mr. Bryan L. Smith Mr. Charles T. Smith, Jr. Mr. Christian V. Smith Mr. David S. Smith, C.P.A. Mrs. Donna K. Smith Mr. Joseph Stephen Smith Ms. Margaret O. Smith Ms. Susan N. Smith Mr. Michael D. Sneden Mr. Ethan B. Snyder Ms. Lisa A. Snyder Ms. Roselyn Soares Mr. Steven T. Sobieski Ms. Taraneh Sohrab Mr. Robert S. Sokol Soldier Hill Mr. Ernesto M. Soler Mr. Steven R. Solomon Mr. John Allen Soltis Mr. William Sorenson Mr. Philip H. Sorg Mr. Anthony R. Soviero Spectrum Automation Corporation Mr. Allen Louis Spergel Mr. Howard S. Spergel Mr. Robert M. Spielman Mr. Paul F. Spraggs Mr. K. Mark Sproul Mr. Calvin M. Sprung Ms. Linda W. Sprung Mr. T.V. Sriram Mr. Paul S. St. Amour Mr. John Henry Stachowicz Mr. Ronald G. Stamm Mr. Andrew Stanger Mr. Gregory J. Stasiuk Mr. Jeremy J. Staunton Mr. Randall K. Steen Mr. Herbert T. Steinberg Ms. Ruth M. Steisel Mr. Kirk F. Stephen Arnold B. Sterman, M.D. Mr. Paul K. Sternal Mr. Scott F. Stevens Ms. Kathleen M. Stewart Ms. Doris Caudle Stigge Mr. Jack M. Stillman Mr. Jonathan N. Stine Mr. Mark A. Stinson Mr. Michael A. Stivala Ms. Irene M. Stojko Stone Surfaces of Central New Jersey, Inc. Mr. Janusz J. Stopa Mr. Stephen P. Strait Ms. Joanna G. Strauss Mr. Marvin H. Strauss Mrs. Joan O. Strickler Mr. Joel D. Stroz Mrs. Angela Stuehler Mr. H. Carl Sturcke Dr. Ramesh Subramanian Mr. Brian Sudano Ms. Joan M. Suk Ms. Jill A. Sullivan Mr. William E. Summers Mr. Jeffery K. Sumner Mr. Elmer G. Sunday Mrs. Dorothy Sundheimer Mr. Walter Sundheimer Mr. Tse Sung Mrs. Wai Cheung Sung Mr. Frank J. Supple, Jr. Ms. Gladys K. Sussman Mr. Sidney Everette Sutherland III Mr. Ben Lars Swanson, Jr. Mr. Dwight J. Swanson Mr. Morris L. Sweet Mr. Walter Syzonenko Mr. George T. Szabo Mr. Kenneth Szigety Mrs. Lorraine A. Szigety Robin Berg Tabakin, Esq. Mr. Mark A. Tabs Ms. Vanessa E. Taliaferro-Jones Mr. William R. Tamke, Jr. Mr. Tzi Ee Tan Mr. Steven S. Tanis Mr. Peter J. Tardy Ms. Suzanne Auletto Tardy Mr. Craig A. Tashjian Mr. Arthur L. Taub Mr. Walter S. Taxis Technirvana, Inc. Mr. John P. Teevan III Mr. Douglas B. Templeton Ms. Janice H. Ten Braak Mrs. Kristin M. Tencza Mr. Louis R. Terraneo Ms. Christine D. Terry Dr. Rajiv Tewari Mr. Thanh H. Thai Mr. Aakash R. Thakkar Mr. Pradip P. Thakore Mr. Alan R. Theesfeld Mr. Anand K. Thiagarajan Mr. Aaron R. Thomas Mr. Aldwyn C. Thomas Ms. Melissa Thomas Ms. Cornelia G. Thompson Mr. David N. Thompson Mrs. Jane M. Thompson Ms. Lauren R. Thompson Mr. Thomas A. Thompson Mr. Lynn A. Thorn Ms. Elizabeth R. Thornton LIST OF DONORS Ms. Christine L. Thorsen Mr. Shripad B. Tilak Ms. Rita Luen-Yee Ting Mr. Edward J. Tobiasson Mr. Andrew J. Tolep Mr. Vitaly Tonkonog Ms. Jennifer O. Tooley Mr. Jose O. Torres Mr. Frank M. Toscano III Mr. Edward R. Tozzi Mrs. Lynn D. Trackenberg Mr. Edward P. Traina Mr. Irwin Traurig Ms. Kerry L. Tremayne Ms. Colleen M. Trenery Mr. Shane Triano Mr. Scott I. Tribucher Mr. Sherman H. Trimm Mr. Raymond A. Tripodi Mr. Mark G. Tronco Mr. Vincent Truncellito Dr. Harley Y. Tse Mr. Joseph E. Tully Mr. James J. Tumminello Ms. Barbara G. Turner Mr. David Zev Twersky Tyco Electronics The Tyrus Group Ms. Tamaki Uchida Ms. Nancy Uddin Mr. Robert John Uhl Mr. Hamilton Ulerio Ms. Victoria G. Ungureanu United Way of Bergen County Mr. Javier R. Urioste Mr. Richard A. Urquhart, Jr. Ms. Maria Urso Ms. Teresita J. Valcarcel Mr. Roger K. Van Buskirk Mr. Scott L. Vanarsdale Mr. John B. Vande Creek III Vander Sterre Brothers Construction Mr. Willen E. Vandooijeweert Mr. Eric C. Vanrens Mr. Amir Vardi Mr. Peter Michael Varous Mr. John M. Vaughan Mr. Wayland E. Vaughan Mr. David C. Veazey Ms. Regina A. Vegliante Mr. John J. Veltri Mr. William M. Venetis Mr. Emilio Venezian Mr. Vincent R. Vento, Sr. Mr. David B. Verderami Mr. Scott L. Verrelli Mr. Frank W. Viggiano Mr. Santiago C. Villa Mr. Mario L. Villalobos Mr. Bert L. Villanueva Mr. Brian J. Vincent Mr. Anthony P. Viola Mr. Christopher J. Von Der Lieth Mr. Theodore R. Von Toerne Mr. Constantine Vovakes W.N. Garbarini & Associates W.T. Johnson & Co., Inc. Mr. Michael C. Wagner Mr. Abdul Wahab Miranda M. Wai, Ph.D. Mr. and Mrs. Alfred Walden Mr. Joseph L. Waldman Mr. Edward Walker Mr. Edward V. Walker Mr. Michael W. Walker Stephen H. Walker, R.N. Walnut Foundation Ms. Donna M. Walsh Mr. Harvey R. Waltersdorf, Jr. Mr. Robert L. Walton Ms. Karen Wang Mr. Don E. Ward Ms. Donna A. Ward Ms. Stephanie Ware Mr. Gary Jay Warner Mr. Robert Marc Washburn Mr. Craig S. Washington Dr. Elmer E. Waters Mr. Eric J. Waters Mr. Donald B. Watson Ms. Martha A. WaysWaltersdorf Mr. Richard A. Webber Mr. Harold Weber Mr. Nicholas F. Weber Ms. Carol A. Webster Mr. Donald Webster, Jr. Ms. Robin S. Webster Mrs. Edna J. Wechsler Mr. Leonard S. Weil Ms. Ronda T. Weinberg Mr. and Mrs. Emanuel Weinberger Mr. Gerald J. Weinfeld Ms. Louise M. Weinstein Mr. Mark I. Weis Mr. David L. Weisbrod Mr. Paul Weisman Mr. Charles J. Weiss Mr. Philip H. Weiss Ms. Annette G. Weissbach Ms. Linda M. Weissman Mr. Michael E. Welfeld Dr. Stanley M. Welland Mr. Christopher J. Weller Ms. Sally B. Wellman Ms. Michele Wells Alan G. Werner, Sr., C.P.A. Mr. Neville D. West Mr. Todd K. West Ms. Marion Wetzel James and Nellie White Mr. Frank G. Wiener Mr. Louis Wiener Ms. Courteney L. Wilds Ms. Dawn E. Willan Ms. Eileen Daly Williams Mr. James T. Williams Mr. Richard E. Williams Mr. Matthew C. Wilson Mr. William A. Wineburgh Mr. Alan N. Wink Ms. Jacquetta N. Winters Mr. Gregory J. Wiske Laura and Ron Wiss Mr. Irwin M. Wistreich Mr. John D. Wiswall Dr. Der-Jin Woan Mrs. Lauren Wojtowicz Mr. Peter T. Wolf Mr. William M. Wolf Mr. Jay S. Wolfeiler Mr. Alan M. Wolfers Mr. Thomas Wollman Mrs. Jacqueline B. Wolpert Ms. Anita M. Womack Mr. Arthur C. Wong Mr. Stephen K. Wong Mr. Thomas J. Woods Ms. Allette F. Wooley World Reach, Inc. Ms. Sharon W. Worthy Mr. Thomas G. Wourgiotis Mr. William M. Wrocklage Ms. Angela Wu Marc C. Wuensch, C.P.A. Mr. Frank J. Wuertz Frank and Rita Xavier Mr. John G. Xenakis Mr. John Yalley Ms. Tetsuko Yamashita Ms. Yumiko Yasuda Ms. Vivian Yee Mr. John Yeh Yim Resources, Inc. Ms. Judith Malamut Yogman Mr. George Young Mr. John M. Young, Jr. Mr. Stephen K. Yu Mr. Stephen J. Yusko Mr. Alvin Zack Mr. Alexander Zaliznyak Mr. Gary B. Zanazzi Ms. Ann J. Zar Ms. Karen A. Zebro Ms. Cecilia Zegar Mr. Michael Zegar Mr. John C. Zeglarski Mr. Carl W. Zellner Ms. Michelle Eileen Zeman Mr. Arkadi A. Zernitsky Mr. Charles A. Zezza Ms. Liang Zhang Mr. Michael S. Zheng Ms. Dawn Zhu Mr. Jeffrey M. Ziering Ms. Audrey L. Zilli Mr. Eugene K. Zimmermann Lt. Col. Mary-Lou Zimmerman, U.S.A., Ret. Mr. Franco D. Zisa Mr. Darren M. Zito Ms. Betty Zoe Dr. Gustave L. Zoecklein Zoubek Modulars Unlimited, Inc. Mr. Arty C. Zulawski Ms. Cathy C. Zychowski | 59 60 | Corporate Boards Board of Advisers James A. Courter, Chair Vice Chairman and CEO IDT Corporation Beverly W. Aisenbrey Managing Director Frederic W. Cook & Co., Inc. Thomas A. Bartlett Senior Vice President – Investor Relations Verizon Marc E. Berson Chairman The Fidelco Group William N. Britton TD AIM Ruthi Zinn Byrne President Zinn, Graves, & Field Claire Calandra President The CLC Group, LLC Robert E. Campbell Vice Chairman (retired) Johnson & Johnson Gary M. Cohen President BD Medical Donald L. Drakeman President and CEO Medarex, Inc. Robert Duelks Managing Partner, North America Financial Services Accenture LLP Stephen R. Ehrlich President Windemere Associates Robert Elliott Partner (retired) KPMG Peat Marwick, LLP Anne E. Estabrook Owner Elberon Development Co. William F. Faherty, Jr. Consultant, Government Banking Wachovia Bank Claude E. Fusco, Jr. Office Managing Partner, New Jersey Ernst & Young Mitchell P. Goldstein Senior Vice President and CFO The Great Atlantic & Pacific Tea Company, Inc. Thomas M. Gorrie Corporate Vice President, Government Affairs and Policy Johnson & Johnson James A. Skidmore, Jr. Chairman and CEO Science Management Company, LLC Thomas C. Gregor President, Central/Northern New Jersey PNC Bank Michael Sperduto Vice President and CFO Engelhard Corporation John F. Hanley Managing Partner Lucent Venture Partners George M. Taber President NJBIZ Ralph B. Izzo President and COO PSE&G Daniel Van Riper Senior Vice President and CFO (retired) Sealed Air Corp. Philip Kirschner President New Jersey Business and Industry Association Joan C. Verplanck President New Jersey Chamber of Commerce Walter L. Leib Of Counsel Leib, Kraus, Grispin, & Roth Josh S. Weston Honorary Chairman Automatic Data Processing Irwin Lerner President and CEO (retired) Hoffmann-La Roche Inc. Donald Wolff Senior Vice President – Community Investment Services (retired) Federal Home Loan Bank–New York Gerald Lipkin Chairman, President and CEO Valley National Bancorp Helen Martin President HNM Associates Ltd. Cathy-Ann Martine Senior Vice President, Internet Telephony AT&T Thomas A. Renyi Chairman and CEO The Bank of New York Ron Rickles Managing Partner, New Jersey Deloitte & Touche LLP Richard Romano Corporate Vice President (retired) AT&T Alan L. Rubino Executive Vice President and General Manager PDI, Inc. Paul Schmitt Managing Director PA Early Stage Partners Jeffrey Serkes Senior Vice President and CFO Allegheny Energy, Inc. Paul Zaffaroni President and COO Dendrite International George R. Zoffinger President and CEO New Jersey Sports & Exposition Authority Emeritus Felix M. Beck Board Chairman and CEO (retired) Margaretten and Co. Albert R. Gamper, Jr. Chairman, President, and CEO (retired) CIT Group, Inc. Accounting Advisory Board Michael Cohen Partner J.H. Cohn LLP William Federici Vice President and CFO West Pharmaceutical Services Jules Frankel Partner Wilkin & Guttenplan, P.C. Lillian Gola Director, Research Finance Hoffmann-La Roche Inc. James Hannan CPA, Shareholder WithumSmith+Brown Edward Hlavach First Vice President – Internal Audit TD Waterhouse Peter Holloway Partner Ernst & Young Paul Krieger Audit Partner Deloitte Lisa Mastronardi Vice President Prudential Financial Peter McNamara Partner, Assurance/Business Advisory Services PricewaterhouseCoopers John Pennett Partner Grant Thornton John Reck Area Managing Partner (retired) Ernst & Young Ralph Thomas Executive Director New Jersey Society of Certified Public Accountants Andre Van Hoek Director, Financial Compliance & Procedures Johnson & Johnson Career Management Advisory Board Brian Clark Vice President PNC Bank Victor Gonzalez Manager, University Relations Hoffmann-La Roche Inc. Morgan Huo Senior Analyst – Global Market Analytics Aventis Peter Karpiak Senior Vice President, Human Resources Cendant Corp CORPORATE BOARDS Virginia Littell Partner Brazer & Littell, LLC Richard Lashley Principal PL Capital, LLC John Mintz Senior Director – Finance Kraft Foods Annie Lo Vice President, Consumer and Personal Care, Finance Division Johnson & Johnson Milo Moore Vice President JP Morgan Chase Ray Pirre Partner GSP International Brian Power Vice President, Private Client Group Merrill Lynch Finance Advisory Board Steve Ball Managing Director Merrill Lynch Mortgage Lending Allan Campbell Senior Vice President Chief Investment Officer Daiwa Asset Management Arthur Certosimo Executive Vice President The Bank of New York Robert Contri Partner Deloitte & Touche Consulting Group Dexter Earle Partner (retired) Goldman Sachs Mitchell D. Eichen CEO The MDE Group Matthew Fisher Rockbay Capital Advisors, Inc. Frank Gatti Senior Vice President and CFO Educational Testing Service George Hanley Senior Vice President Prudential Insurance William Heitmann Senior Vice President and Treasurer Verizon Elizabeth Randall Randall, Randall & Stevens Aavo Reinfeldt Senior Vice President and New Jersey Territory Manager for Business Banking PNC Bank Bryan Slotkin Investment Banking Vice President, Mergers and Acquisition Group Banc of America Securities LLC Jerald Collins Vice President, Human Resources Ortho Biotech Products, L.P. Alexia C. Etsios Manager, Strategic Talent Acquisition Pfizer Corporate Human Resources | Supply Chain Management Advisory Board Ken Blankenhorn Global Supply Chain Director Bayer HealthCare Leonardo DeCandia Senior Vice President AmerisourceBergen Victor Gonzalez Manager, University Relations Hoffmann-La Roche Inc. Jeff Struble Director, Global Sourcing Pfizer Inc. William R. Healey Executive Vice President HealthCare Institute of New Jersey Lisa Martin Vice President, Global Sourcing Pfizer Inc. Michael T. Kahrer Vice President, Human Resources and General Affairs Organon Inc. Kenneth Frawley Vice President, Information Management Time Inc. Jay Suskind Executive Vice President and Director of Trading Ryan, Beck & Company Angela D. Knight Corporate Director, University Relations – Human Resources Merck & Co, Inc. Jerry A. Martino Vice President, Materials Management Schering-Plough Technical Operations Tom Synnott Chief Economist, Emeritus and Consultant U.S. Trust Company Chris Martin Executive Director, Staffing Services Novartis Pharmaceuticals Corporation William D. McLaury Executive Director, U.S. Supply Chain Management Novartis Pharmaceuticals Corporation Tom McGrory Recruiting Strategies Manager Ortho Biotech Products, L.P. Kathy Monday Vice President, Customer and Technical Operations AstraZeneca Louis Terlizzi Managing Director – Equity Operations Banc of America Securities LLC Joseph H. Umansky Senior Vice President American International Group, Inc. Margan Mulvaney Senior Director, Human Resources Organon Inc. David Whitcomb Founder & Chairman Automated Trading Desk, Inc Solade E. Rowe Manager, University Relations and Recruitment – Corporate Human Resources Pfizer Pharmaceutical Group Gordon Smouther Manager, Strategic Commodity Procurement PSEG Laura Sandak Staffing Services Novartis Pharmaceuticals Corporation Duane E. Sizemore Vice President Business Development UPS Supply Chain Solutions Bradley T. Smith Director, Human Resources Hoffmann-La Roche Inc. John Trush Partner IBM Business Consulting Services James F. Topor Director, Global Talent Acquisition Human Resources Pfizer Pharmaceutical Group William Buchanan Managing Consultant IBM Corporation Allen Williams Managing Director – Head of Capital Markets i-Deal LLC Benjamin Wolfe Director Merrill Lynch Earl White Senior Vice President U.S. Trust Company of New York Pharmaceutical Advisory Board John Kraker Director, Finance – Credit and Receivables Hoffmann-La Roche Inc. Gregory M. Altamura Director, Retention and Recruitment Eisai, Inc. John Kropke Vice President, Acquisitions Mack-Cali Reality Corporation Caryn Blemenfeld Assistant Director, University Relations Bristol-Myers Squibb Paul Pandiscio Worldwide Vice President, Global Supply Chain Johnson & Johnson Joseph T. Morrissey, Jr. Vice President, Supply Chain Management Merck & Co., Inc. 61 62 | RBS at a Glance Administration Enrollment Howard P. Tuckman, Dean Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4,116 Associate Deans Douglas H. Jones, Academic Programs Lewis H. Kerman, Undergraduate Program–Newark Martin S. Markowitz, Undergraduate Program–New Brunswick Rosa Oppenheim, Faculty and Research Bernadette B. Tiernan, Administration and External Affairs Bachelor of Science . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,500 Newark . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,757 New Brunswick . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 743 Program Directors Mark Castelino, Master of Quantitative Finance Mahmud Hassan, MBA in Pharmaceutical Management Farrokh K. Langdana, Executive MBA Martin S. Markowitz, International Executive MBA Robert R. Rothberg, Full- and Part-time MBA Alexander J. Sannella and Dan Palmon, MBA in Professional Accounting Glenn R. Shafer, PhD in Management Jay A. Soled, Master of Accountancy in Taxation Robert H. Werner, Master of Accountancy in Governmental Accounting Assistant Deans Glenn S. Berman, Graduate Admissions Kathleen Connelly Harmon, Special MBA Programs Wanda C. Mendez, MBA Career Management Staff Directors Glenn S. Berman, MBA Student Services Lisa R. English, Alumni Relations David W. Muha, Communications Martin F. O’Reilly, Computing Services Hyona Revere, Development Degree Programs Bachelor of Science • Master of Business Administration (MBA) • Executive MBA • International Executive MBA • MBA in Professional Accounting • Master of Accountancy in Taxation • Master of Accountancy in Governmental Accounting • Master of Quantitative Finance • PhD in Management Dual Degree Programs Bachelor of Arts/MBA • Bachelor of Science/MBA • Juris Doctor/MBA • Doctor of Medicine/MBA • Master of City and Regional Planning/MBA • Master of Public Health/MBA • Master of Public Policy/MBA • Master of Biomedical Sciences/MBA Specialized Fields of Study Accounting • Applied Statistics • Arts Management • Biotechnology Commercialization • E-commerce • Economics • Entrepreneurship • Finance • Global Business • Information Technology • Management and Business Strategy • Marketing • Nonprofit • Pharmaceutical Management • Security Management • Supply Chain Management Master’s Programs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,538 Full-time MBA . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 145 Part-time MBA . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,122 MBA in Professional Accounting . . . . . . . . . . . . . . . . . . . . . . . 52 Executive MBA . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 74 International Executive MBA . . . . . . . . . . . . . . . . . . . . . . . . . . 56 Other Master’s Programs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 89 Doctoral Program . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 78 Faculty Full-time: 130 • Part-time: 82 Academic Departments Accounting and Information Systems • Business Environment • Finance and Economics • Management and Global Business • Management Science and Information Systems • Marketing Academic Centers Blanche and Irwin Lerner Center for Pharmaceutical Management Studies • Center for Entrepreneurship • Center for Governmental Accounting Education and Research • Center for Nonprofit and Philanthropic Leadership • Center for Research in Regulated Industries • Center For Supply Chain Management • Prudential Business Ethics Center • Rutgers Accounting Research Center • Rutgers Center for Operations Research • Rutgers Financial Institutions Center • Technology Management Research Center • Whitcomb Center for Research in Financial Services External Outreach Center for Management Development • New Jersey Small Business Development Center • Rutgers University Technical Assistance Program Campus Locations New Jersey Newark • New Brunswick • Hopewell • Jersey City • Morristown China Beijing • Shanghai School of Many Names Over the past 75 years, Rutgers Business School–Newark and New Brunswick, in whole or part, has been known by the following names: n Seth Boyden School of Business • 1929–1934 n School of Business Administration • University of Newark, 1934–1946 n School of Business Administration • Rutgers University, 1946–1966 n Graduate School of Business Administration • 1966–1977 n Graduate School of Management • 1977–2001 n School of Business–New Brunswick • 1986–2001 n School of Management • 1993–2001 n Faculty of Management • 1993–2001 n Rutgers Business School–Newark and New Brunswick • 2001–present It is the policy of Rutgers, The State University of New Jersey, to make the benefits and services of its educational programs available to students, and to provide equal employment opportunity to all employees and applicants for employment, regardless of race, religion, color, national origin, ancestry, age, sex, sexual orientation, disability, marital status, or veteran status. (Douglass College, as a traditionally and continuously single-sex institution, may, under federal law, continue to restrict college admission to women.) Questions concerning student rights violations should be addressed to Brian T. Rose, Associate Vice President for Student Affairs (732/932-7312). Questions concerning harassment or employment discrimination should be directed to Jayne M. Grandes, Director, University Harassment Compliance and Equity (732/445-3020, ext. 626). Produced by: Rutgers Business School–Newark and New Brunswick, Office of Communications and Rutgers’ Department of University Relations “This Just In” stock printers frequently fell enabled a single employee at experimental telegraphic shop. behind the transmitter by one or the main office to synchronize In 1874, just three years after stock printer (pictured on front more letters, exchange compa- all of the machines so that they the universal stock printer’s cover) is symbolic of Rutgers nies had to send employees to printed the same information introduction, Western Union had Business School–Newark and various offices to reset printers simultaneously. over 3,600 of them in service. New Brunswick’s 75-year tradi- that were running out of “uni- tion of innovation and excel- son.” Edison solved this problem n Thomas A. Edison’s universal lence in business education. Edison developed this device for a subsidiary of Western Union in 1871. Because existing The machine was produced in Newark, New Jersey—a major with one of his key contributions center for business and industry to printing telegraphy. Edison’s and birthplace of RBS—at screw-thread unison device Edison’s manufacturing and Information and photo courtesy of the Thomas A. Edison Papers, Rutgers, The State University of New Jersey. Historical Research: Dr. Carter Daniel Written by: Sandy Crisafulli, Carter Daniel, David Muha, Stacey Todd Peters, Mary Jane Steimer, Amy Vames Principal Photography by: Peter Byron (p. 16), Dennis Connors (pp. 8, 12, 20, 26, 32, 36), Nick Romanenko (pp. 2, 7) Support Photography by: Fabian Bachrach, Peter Byron, Citywide Corporate Photography, Nat Clymer, Dennis Connors, Alan Goldsmith, Roy Groething, Don Hamerman, Arthur Paxton, The Picture Desk Photo Communications, Nick Romanenko, Reginald M. Ward RU-0405-0039/30M RUTGERS BUSINESS SCHOOL – NEWARK AND NEW BRUNSWICK Rutgers Business School–Newark and New Brunswick Rutgers, The State University of New Jersey 111 Washington Street Newark, New Jersey 07102-1813 business.rutgers.edu Dean’s Report • 2 0 0 4 – 2 0 0 5 RBS AT SEVENTY-FIVE 75-Year Retrospective • 1 9 2 9 – 2 0 0 4 Rutgers Business School NEWARK AND NEW BRUNSWICK RUTGERS, THE STATE UNIVERSITY OF NEW JERSEY