Tepper School of Business | Carnegie Mellon University FALL / WINTER 2020

Isabelle Bajeux-Besnainou

10th Dean of the Tepper School of Business Eduardo Tobon (MBA 2000) ADMINISTRATION Leadership Advisor Isabelle Bajeux-Besnainou, Ph.D. Spencer Stuart Dean and M AGAZIN E Pradeep UN (MBA 2003) Linda Argote, Ph.D. Director, Customer & Field Experiences Senior Associate Dean, Faculty and Research Microsoft Corp. FEATURES

TEPPER SCHOOL ALUMNI RELATIONS Willem-Jan van Hoeve, Ph.D. John M. Sengenberger Sr. BUSINESS BOARD OF ADVISORS Senior Associate Dean, Education Executive Director, Alumni Relations CONTENTS Homaira Akbari (MSIA 1996) President and CEO Jonathan S. Stern ALUMNI BOARD AKnowledge Partners LLC Associate Dean, Advancement Michelle Crottier (MBA 2014) Finance Integration Darryl Britt (MSIA 1990) John Gasper, Ph.D. Google President and CEO Assistant Dean, Strategic Initiatives COVER FEATURE Apprio Inc. Robert DeAngelis (MSIA 1985) Rhonda D. Fischer Retired Eric L. Butler (E 1981, MSIA 1986) Chief Operating Officer KeyBank 10 CEO Winds of Change Aswani-Butler Investment Associates LLC Lynda W. Oliver Lyenda Simpson Delp (MSIA 1997) Chief Marketing and Communications Officer The Tepper School of Business welcomes Deputy Head of Client Relationship Management, Mark A. Coblitz (MSIA 1982) FIG Americas Senior Vice President, Nicola Secomandi, Ph.D. new Dean Isabelle Bajeux-Besnainou. BlackRock Strategic Planning (retired) Head, Ph.D. Program Comcast Corporation Cyanne Demchak (MBA 2009, MSHC 2009) Kathryn Barraclough, Ph.D. Chief Innovation Officer David A. Coulter (BSIM 1971, MSIA 1971, Trustee) Head, MBA Program Cigna Medical Group, Cigna Corp. Special Limited Partner Warburg Pincus Burton Hollifield, Ph.D. John Dischner (MSIA 1994) Head, Undergraduate Business Administration Program Managing Director Christine DeFilippo (BSE 1990, MSIA 1994) AlixPartners LLP Director of Operations Christopher I. Telmer, Ph.D. Apple Head, Economics Russell C.B. Ewing II (MSIA 1996) 14 8 Retired Stephanie Ercegovic (BSIM 1982, MSIA 1983) Duane J. Seppi, Ph.D. Goldman Sachs Asset Management President Head, Master of Science in Computational VERSATILE Discovery Capital Management Finance Program 3 18 Lori Heinel (MSIA 1992) Executive Vice President, Donald Heberle (MSIA 1994) Nicholas Hamilton-Archer TRENDING PATHFINDER Deputy Global Chief Investment Officer Head, Wealth Management Executive Director, Executive Education TE PP E R enterprising State Street Global Advisors The PNC Financial Services Group A PRECISE ODYSSEY MAGAZINE STAFF Tal Heppenstall (MSIA 1985) DIGEST TOPICS Amit Sachdev l e a d e r s Keishi Hotsuki (MSIA 1989) EDITOR President Chief Risk Officer Lynda W. Oliver (BSIM 1990) discusses 20 UPMC Enterprises Recent news from TEPPER EXPERTS FIND Morgan Stanley his journey to change Three intrepid alumni the Tepper School. POSITIVE WAYS TO CREATIVE DIRECTOR health care at Vertex tell the remarkable Michael Hermeston (MBA 2008) Zach Beresh LOOK TOWARD A Claudia Jury (BSIM 1988) Pharmaceuticals. stories of their individual SERVICE Director of Production Operations – Communication, Managing Director, POST-COVID FUTURE Photos and Cloud Products journeys through the Co-Head Global Currencies & Emerging Markets SENIOR DESIGNER The unprecedented LEADERSHIP Google JP Morgan Alex Hess entrepreneurial process. COVID-19 pandemic Jertez Hunter (MBA 2013) LEADING AND SERVING Gunjan Kedia (MSIA 1994) PRODUCTION has stalled and shifted BY EXAMPLE Lead Product Development Vice Chairman of Wealth Management Karen Boucher priorities in every industry. Union Pacific and Securities Services 24 Mary Beth Green U.S. Bank COVER STORY (MBA 2004) expresses Scott Jubeck (BS 2003, MBA 2008) Seb Murray the value of leading and Vice President, Product 32 Jon R. Kinol (MSIA 1992) COLLABORATIVE 37 serving others. TeleTracking Founder WRITERS Zenik Capital, LLC Aubrey Buberniak, Nicholas Ducassi, Tricia Miller PARTNER Kalpesh Kapadia (MSIA 1999) Klapheke, Debbi Gardiner McCullough, 28 DONOR C L A S S Chief Executive Officer William M. Lambert (MSIA 1990) Courtney Ryan, Melissa Silmore BUILDING Deserve Inc. IMPACT Chairman of the Board (retired) CONNECTIONS EMERGING NOTES MSA Safety CONTRIBUTORS Justin Kaufman (MBA 2004) Ted Decker (MSIA 1995) is Alex Hess, Justin Jakovac, Kara Pasquinelli, Kevin Sprouls Participation highlights Updates, Highlights, Awards, Pittsburgh Office Managing Partner, applying lessons learned INSIGHTS Jack E. McGrath (MSIA 1961, Trustee) and three stories of how and Accolades. Midwest Advisory Market Leader Senior Vice President (retired) PHOTOGRAPHY at the Tepper School to PricewaterhouseCoopers LLP, PwC Advisory Services Learn about recent together we can make Booz, Allen & Hamilton Zach Beresh, Ryan Connolly, Alex Hess, The Home Depot. an impact. Howard Korn, Erica Johnson, Anthony Musmanno, research from three Krista Markert (MSIA 1997) Brian Olsavsky (MSIA 1989) Derek White, Michael Williams Tepper School Project Management Consultant Senior Vice President and faculty members. Chief Financial Officer COVER ILLUSTRATION Jennifer Milacci (BSIM 1995) Amazon Alex Hess Managing Director, Head of Client Services Renaissance Institutional Management Marc A. Onetto (MSIA 1975) Tepper Magazine is published for alumni, students, Principal faculty, staff, and friends of the business school. Brittany Mithra (MBA 2013) Leadership From The Mind And The Heart LLC ©2020 Carnegie Mellon University. All rights reserved. Sr. Manager, Operations and Supply Chain Amazon Cindy Padnos (MSIA 1980) Please send letters to the Founder and Managing Director editor and address changes to: Rob Rice (MBA 2000) Illuminate Ventures Office of Advancement Affiliate Finance Manager Tepper School of Business ExxonMobil Corporation James E. Rohr (Trustee) Carnegie Mellon University Chair, CMU Board of Trustees 5000 Forbes Avenue Aurobind Satpathy (MSIA 1996) Chairman and CEO (retired) Pittsburgh, PA 15213 Senior Partner The PNC Financial Services Group 412-268-2268 McKinsey & Company [email protected] Manoj P. Singh (MSIA 1976, Trustee) Sujal Shah (MBA 2004) Chief Operating Officer (retired) President & CEO Deloitte Touche Tohmatsu Ltd. CymaBay Therapeutics Inc. David A. Tepper (MSIA 1982, Trustee) Ranjit Singh (MSIA 1999) President and Founder Principal, Pricing and Profitability, Appaloosa Management LP Management Practice Leader Deloitte Kevin D. Willsey (MSIA 1989) Chairman of Global Investment Banking Susan Smith (MSIA 1996) J.P. Morgan Securities Inc. Management Consultant FORCE Consulting Group LLC NEWS FROM THE TEPPER SCHOOL OF BUSINESS READ MORE @TEPPER D I G I T A L TE PP E R MAGAZINE DIGEST Class of 2020 Dean’s Full-Time MBA Letter Employment Highlights % % MSBA Program 89 87 Names Alan Received offers by three Accepted offers by three I begin my journey as the 10th Dean of the Tepper School of Business, I am Montgomery months after graduation months after graduation As leading on behalf of our community: students, faculty, staff, our Carnegie New Faculty Head Mellon colleagues, and our alumni. It is difficult to walk through the doors of our impressive but sparsely populated Tepper Quad and witness how our community has been impacted by The online Master of Science in Business the events of the past year. From the effects of the coronavirus pandemic to our unrelenting Analytics (MSBA) named Professor of mission to end systemic racism within our community, we are indeed living through a Median salary Marketing Alan Montgomery as its new challenging time. How do I lead Tepper into brighter days? faculty head. He succeeds Professor per year Willem-Jan van Hoeve, who was recently named Senior Associate Dean One thing I know is that innovation is born of challenge, and uncertainty is a foundation $136K of Education. from which we grow, thrive, and create monumental change that can impact the world. Montgomery will lead the program in For the better. Mid-Atlantic 15.9% bringing leading-edge techniques in Midwest 12.7% data analytics into a business context, As Dean, I am emboldened to take on these challenges, because I know that we will come Northeast 27.0% occupying a niche space on the spectrum between an MBA and a data science out stronger and smarter on the other side. I am committed to the success, health, safety, South 2.6% Southwest 6.3% degree. He has been teaching the and happiness of our entire Tepper community. I am confident that our powerful, collective West 28.0% Analytical Marketing course in the MSBA expertise in technology, science, entrepreneurship, and leadership will continue to build a program since the program launched in December 2017. culture of excellence that will propel us to new heights. Asia 4.8% Latin America & the Caribbean 2.6%

It is my mission to help grow and strengthen the Tepper School community and show the world all that we can accomplish when we work together. I thank you for this opportunity and look forward to serving as your Dean.

With gratitude and excitement, 34.6% Consulting 33.0% Consulting 23.0% Marketing 31.4% Technology 20.9% Finance 13.1% Finance Function 13.1% General Management Industry 7.3% Manufacturing 5.8% Operations 6.8% Biotechnology/Health/Pharmaceuticals 2.6% Technology 3.1% Energy/Petroleum/Utilities Isabelle Bajeux-Besnainou 2.6% Other

Tepper School of Business University Mellon | Carnegie 1.0% Consumer Products cmu.edu/tepper Dean, Tepper School of Business 1.0% Media/Entertainment 0.5% Real Estate 2 3 TE PP E R NEWS FROM THE TEPPER SCHOOL OF BUSINESS DIGEST TE PP E R DIGEST

U.S. News & World Report Tepper Economists The Tepper Undergraduate Receive King Mellon Taya Cohen Business Administration Receives $4.4 program placed #7 on Million Grant From the U.S. News & World Foundation Grant the John Templeton Report list of 2021 Best Foundation # Research aimed at understanding the economics research project, “Developing Undergraduate Business effects of the coronavirus pandemic a Pandemic Consumption Expenditure Alumni 7 on consumer behavior received a Index,” aim to identify and categorize School Programs. Taya Cohen, Associate Professor of $50,000 grant from the Richard King emerging patterns of consumer behavior. Donors Mellon Foundation. Organizational Behavior and Theory, is TEPPER SCHOOL SPECIALTY RANKINGS serving as a science of honesty project The Richard King Mellon Foundation Support leader on a research team that is Laurence Ales, Associate Professor primarily funds projects relating to Nicholas Muller exploring scientific and philosophical of Economics; Rebecca Lessem, regional economic development and questions about honesty. The John # # # # # # Associate Professor of Economics; conservation, along with education in Developing a Templeton Foundation is sponsoring 2 2 2 2 7 9 Chris Telmer, Associate Professor and human services and nonprofit this project with a $4.4 million grant. of Financial Economics and Head of capacity building throughout New ESG Index Information Analytics Quantitative Production Finance Supply Chain Economics; and Ariel Zetlin-Jones, southwestern Pennsylvania. Systems Analysis and Operations Management Along with Cohen, the Honesty Project Associate Professor of Economics, Management and Logistics A sustainability initiative directed by includes three psychology professors through their micro- and macro- Nicholas Z. Muller, Lester and Judith from Wake Forest University and is led Lave Associate Professor of Economics by A.C. Reid Professor of Philosophy Engineering & Public Policy, has received and Principal Investigator Christian B. funding from two alumni donors. Miller, also of Wake Forest University. Christopher A. Potter (MSIA 1973) and The research team will use a mix of Dokyun Lee Wins Kathleen O. Potter, John Levinson field studies, surveys, laboratory Sponsorship from Emily Stark Joins Health Professions (MSIA 1980) and Ellen Levinson, along and online experiments, and coding with the Levinson family, recently made of qualitative data to study honesty. McKinsey & Co. Program Advisory Board contributions to this important initiative. Cohen—who conducts research on honesty, moral behavior, negotiation, In a first for CMU, McKinsey & Company announced V. Emily Stark, Assistant Teaching Professor of Business Led by Muller, the Tepper School and conflict, and is known in particular research sponsorship for Dokyun Lee, Assistant Communication, was invited to join the advisory board for Sustainability Initiative offers students for her research on moral character Professor of Business Analytics, and Ph.D. students Carnegie Mellon’s Health Professions Program (HPP). an opportunity to pursue scholarship, in the workplace—will lead research Emaad Manzoor and Mao Chengfeng. The McKinsey coursework, and career opportunities in on honesty in difficult conversations & Co. sponsorship is in applying AI in The HPP is a university-wide advising resource that is the ever-growing field of sustainability. where people must deliver critical marketing promotion. available to all CMU students and alumni. Composed The initiative encompasses a wide feedback to mentees and teammates. of a diverse group of colleagues from MCS, DC, CIT, range of topics, including energy, Lee founded and co-directs ENAiBLE, a CMU Retail & SCS, Tepper, and the Center for Student Diversity and natural resources, the environment, Services Collaborative, which is a forum for industry Inclusion, the advisory board works with the HPP director health and social well-being, leaders to share their challenges with academic on policy review, resource development, programmatic engineering, and architecture. experts at the forefront of new technology. ENAiBLE, enhancements, and alumni engagement. This year, the Tepper School’s Ph.D. program whose mission is to create more humane, efficient, and positive retail and service experiences, recently Stark has a background in biology and alumni relationships has welcomed 14 new students. Due to the held its first roundtable to address the use of AI and has helped to bring greater awareness of the HPP and pandemic and travel restrictions, five of the during the COVID-19 pandemic. its valuable resource to the Tepper community.

Tepper School of Business University Mellon | Carnegie students began the year remotely with the goal cmu.edu/tepper of joining in-person beginning January 2021. 4 14 5 In August, the American NEWS FROM THE TEPPER SCHOOL OF BUSINESS TE PP E R Accounting Association DIGEST inducted Shyam Sunder Accelerate (Ph.D. 1974) into the TE PP E R Accounting Hall of Leadership Fame. The Accounting DIGEST Hall of Fame honors Center Invites accountants who have Marketing Science made, or are making, MBA Students Institute Names significant contributions to the advancement of to Enroll in Jeff Galak 2020 accounting since the beginning of the Ilker Baybars MSI Scholar 20th century. the Curiosity Project Celebrates 50 The Marketing Science Institute announced its 2020 class of MSI Scholars, naming Associate Years at Tepper The Accelerate Leadership Center announced that all first-year Professor of Marketing Jeff Galak a 2020 full-time MBA students can enroll in the Curiosity Project. Scholar. The MSI Scholars Program was developed Ilker Baybars, George Leland Bach Chair, Professor An entirely optional program, the Curiosity Project is a curated to recognize excellence in marketing scholarship, develop of Operations Management, and Dean and CEO Emeritus student-to-student networking action plan focused on a cohort across marketing disciplines, and strengthen ties Erina Ytsma of the Qatar campus of CMU, is celebrating an impressive expanding key leadership skills, such as asking questions and between scholars and MSI. milestone of 50 years at Tepper. Joins the World listening with curiosity, as well as allowing students to share their lived experiences with peers. Galak specializes in behavioral psychology, behavioral Economic Baybars came to CMU in late August of 1970 as a student and experimentation, consumer behavior, decision-making, joined the faculty in 1978, eventually serving as Associate Forum’s Global Intended to be loose and fun, as well as insightful and personal, and marketing research. Dean in 1985, Deputy Dean in 1992, and Acting President the goal of the Curiosity Project is to help increase empathy Future Council of the Carnegie Bosch Institute for Applied International for others and awareness of oneself by practicing the art of Studies in 1997. He was director of the Tepper School’s MBA Fellows Program conversation with someone new. It also aims to help students program from 1984 to 1997, oversaw the Undergraduate strengthen their curiosity muscle so that they can use it with Business Administration program from 1990 to 1994, and ease when needed in professional settings. The World Economic Forum’s Global Future Councils (GFC) served for six years as the Dean and CEO of the Qatar named Erina Ytsma, Assistant Professor of Accounting, a campus of CMU. fellow for the council on the New Agenda for Work, Wages and Job Creation. GFC Fellows are postdoctoral scholars Sunkee Lee Awarded MK-AKMS at leading universities with a future-looking and systems- Ilker Baybars played a central role in oriented mindset. Fellows play a crucial role in councils by being Young Scholar Award responsible for capturing, synthesizing, and disseminating growing a small, innovative master’s INFORMS Awards knowledge and insights from the councils’ deliberations. Assistant Professor of Organizational program to one from which, each year, Theory and Strategy Sunkee Lee was hundreds of graduates assume leadership Nicola Secomandi Best Ytma’s research focuses on topics in organizational and labor honored with the MK-AKMS Young Scholar roles in prominent companies throughout Publication Award economics and the economics of digitization and innovation. Award. The award was launched three She is particularly interested in incentive systems and the years ago by Maekyung Media Group, the world. Having witnessed this organization of work in the digital age and in the context of owner of South Korea’s largest business The Institute for Management; and transformation, I am still in awe of Ilker’s knowledge work and innovation. newspaper, Maeil Business Newspaper, and Operations Research and Stephen Smith, Research the Association of Korean Management vision for what the school could become, the Management Sciences Professor at CMU’s Scholars (AKMS) to contribute to the career and his skillful management of the honored Professor of Robotics Institute. development of young Korean scholars Operations Management transformation that realized his vision. Matthew Denes, Assistant in the global academic community. Lee’s and Ph.D. Program Head The ENRE Best Publication Professor of Finance, research focuses on organization design, Dennis Epple, Nicola Secomandi with Award in Environment received a gift from The Annie E. Casey Foundation organizational learning, exploration and Thomas Lord Professor of Economics a Best Publication and Sustainability is for his paper, “Securing the exploitation, incentives, spatial design, and Award in Environment given annually to the best Gig: Youth Employment, microfoundations of strategy. and Sustainability. refereed journal article in Entrepreneurship, and the Rise the areas of interest for of the Platform Economy.” Secomandi’s paper, Energy, Natural Resources, The Annie E. Casey Foundation “Managing Wind-Based and the Environment invests in innovative ideas, Electricity Generation in (ENRE) Section. The practices, and policies that Brianna Agyemang awarded Executive of the Year Award the Presence of Storage objective of the award is to help build a brighter future for children who face significant and Transmission recognize the contributions Brianna Agyemang (B.A. in Economics, Class of 2010) and Jamila Thomas of Atlantic Capacity,” was co-authored of ENRE members to the obstacles on the road to adulthood. Denes researches Records, who led ‘The Show Must Be Paused’ campaign in response to the deaths of by Yangfang (Helen) Zhou field of environment empirical corporate finance, George Floyd, Breonna Taylor and Ahmaud Arbery earlier this year, will receive the

Tepper School of Business University Mellon | Carnegie (Ph.D. 2012); Alan Scheller- and sustainability in private equity, venture capital, Executive of the Year Award at Billboard’s 2020 Women in Music Event. cmu.edu/tepper Wolf, Richard M. Cyert Operations Research and entrepreneurship, and Professor of Operations Management Science. political economy. 6 7 TEPPER EXPERTS FIND POSITIVE WAYS TO LOOK TOWARD A POST-COVID FUTURE BY COURTNEY RYAN TRENDING TOPICS

the expected premature deaths due to air Yet while employers contend with where transparency, and visibility across digital supply pollution from personal vehicle travel and and how their employees physically work, a networks, and this ultimately increases the electricity use are estimated to have declined by new workforce option continues to emerge. adaptability and strength of digital approximately 360 deaths per month, or about Automation in manufacturing has long been supply networks. 25 percent of the baseline of 1,500 deaths. The underway as the Fourth Industrial Revolution, study also estimated that social distancing likely also known as Industry 4.0, has continued to “In the short term, basic AI technologies can resulted in a loss of roughly 46 million metric push for innovations in AI and smart technology keep the lights on in the factories, enable tons of carbon dioxide emissions per month — in order to improve production while lessening remote control of the shop floor activities essentially a 19 percent decline. reliance on human intervention. despite potentially large numbers of sick or quarantined employees and required social Further, by assuming a value of statistical life — In a recent study published in Social Science distancing measured,” concludes the study. a common measure of the value of reductions Research Network, Professor Sridhar Tayur, in the risk of mortality — of $9 million and a Ford Distinguished Research Chair; University Finally, Carnegie Mellon Associate Professor social cost of carbon of $50 per ton, the study Professor of Operations Management, along of Marketing Jeff Galak co-authored a paper estimated the environmental benefit of stay- with researchers from West Virginia University, with fellow behavioral scientists to help firms at-home and social distancing measures in the University of Iowa, and Johns Hopkins address how an era marked by uncertainty, United States is $5.5 billion per month. University’s Carey Business School, analyzed isolation, and excess information has how COVID-19 is improving the case for an affected consumers. While this study offers a silver lining for the AI-inspired digital transformation in current pandemic climate, it also suggests that manufacturing and supply networks. In the paper, the authors explain that in the institutions that promote remote work and context of high uncertainty, consumers are retail delivery opportunities will continue to The researchers observed that even as some more likely to seek control either by digging be necessary for societal health following the strapped organizations are abandoning “non- into the hobbies and interests where they feel pandemic. This in turn has sent researchers essential” plans to implement AI technology most like experts or, adversely, by adopting a digging for clarity and finding a few in an effort to concentrate all efforts on changed mindset and exploring new territories. positive results. responding to the immediate impact of the In either case, brands will benefit by pandemic in the short term, there is evidence remaining consistent in messaging and As companies continue to both embrace and that embracing AI could help manufacturers scruple with the effects of working remotely, combat uncertainty and become more resilient Anita Williams Woolley, Associate Professor to disasters. of Organizational Behavior and Theory at the Tepper School of Business, offers The team recognized that since job losses suggestions to ultimately minimize stress and in the U.S. exceeded 33.5 million by early communication issues while still promoting May 2020, it’s understandable that many are The authors warn that brands should also successful collaboration. concerned with the implications of a “jobless expect customers to appear less satisfied future” and are therefore hesitant to further with their purchases since uncertainty blunts In an op-ed titled “Best Practices for Working reduce human jobs by adopting AI technology. our ability to consider the consequences of Remotely,” Woolley draws from her research However, the study determined that the vast our actions. For this, the authors suggest that to posit that remote work opens the doors for majority of COVID-related job losses have brands adopt more flexible return policies to greater diversity. been concentrated in sectors with low AI, restore loyalty and trust. Additionally, since which suggests that an AI-inspired digital consumers are inundated with information transformation might have actually helped to these days, they are more likely to view a brand mitigate job losses. favorably if said brand can offer a simple and clear purchasing process. And finally, all firms he unprecedented COVID-19 pandemic A new study conducted by Professor Using cell phone data to measure changes Throughout the study, the researchers observe can benefit by leveraging any social benefits has stalled and shifted priorities in Nicholas Muller, Lester and Judith in mobility from February to April 2020, the where and how AI technology is implemented, gained by using their products during this every industry, and uncertainty still Lave Associate Professor of Economics, researchers connected emissions from travel finding that AI-driven transformation can time of isolation. Ultimately, any brand that looms large on the horizon. While many Engineering, and Public Policy — along with and electricity use to changes in ambient address product lifecycle issues such as design, addresses some of these stressors among its of the pandemic’s direct consequences researchers at the University of Chicago, the fine particulate matter and manufacturing, sustainability, and resilience. consumer base is likely to build a more solid have been catastrophic, such as rising University of North Carolina, Greensboro, evaluated the associated she writes, explaining that diversity of surface- In turn, the adoption of such technologies has foundation post-pandemic. unemployment rates and a staggering loss of Dartmouth College, and the University of reductions in expected level characteristics among team members actually resulted in increased connectivity, human life, other consequences — including North Carolina at Chapel Hill — found that adverse health effects from tends to prime a heightened sense of attention While no study or theory may completely grasp the swift transition to remote work and stay-at-home policies have not only reduced exposure to pollution. The and concentration between members, which the entirety of the COVID-19 pandemic, it is learning — pose unexpected opportunities toxic emissions and energy use, but have results are promising: For a in turn promotes collective attention and clear that the crisis will eventually end and that for growth. likely prevented premature deaths. month of social distancing, satisfaction. “If time zones and technology organizations that make thoughtful decisions

Tepper School of Business University Mellon | Carnegie allow, people from all over the world can today may come out ahead in a different, and cmu.edu/tepper work together.” possibly better, future. ― 8 9 COVER STORY WINDS OF CHANGE // DEAN ISABELLE BAJEUX-BESNAINOU BY SEB MURRAY READ MORE @TEPPER D I G I T A L MAGAZINE

“The timing is not ideal; I was not actively She spotlights data analytics as being Evelyn Pierce, Teaching Professor of on the job market, but I was chased by a of special importance to this dynamic Business Management Communication and very persistent headhunter,” recalls Bajeux- environment; business leaders need to a member of the hiring committee, says Besnainou, 56. “And the more I learnt about analyze information in real time and use the Bajeux-Besnainou was distinctive because the Tepper School, the more I could see insight gleaned to make quick and effective she did not submit a strategic plan in the that it has all of the right ingredients to be a decisions. And recruiters find such abilities interview process; she wanted to speak to very top business school. It was an amazing to be invaluable. the key stakeholders first. of opportunity that I could not pass up.” Winds “Tepper is a top business school already, but “It wasn’t that she hadn’t done her research; She highlights the close collaboration I think it can become greater still because it’s she wanted to lead by relationship-building between world-leading faculty across at the center of a world-leading university — that was refreshing,” says Pierce. “It made Carnegie Mellon, from the School of that focuses on technology, data, and her the unanimous first choice of all the Computer Science to the College of Fine Arts. analytics,” says Bajeux-Besnainou. “This is deans at other CMU schools. They saw her Bajeux-Besnainou says cross-disciplinary the DNA of CMU.” as someone who will be their partner, learning is fertile ground for innovation and not a competitor.” creativity that will be crucial for companies And when it comes to cultivating data Change as they emerge from the pandemic. literacy and many other specialist abilities, This perspective of Bajeux-Besnainou is the experiential, skills-based learning that echoed by Gunjan Kedia, who serves on the *** She believes a wide array of perspectives is the Tepper School’s hallmark is the gold Tepper School’s Business Board of Advisors. also enriches the learning experience of standard. What’s more, cross-campus “Isabelle is likeable, relatable, empathetic, students through group discussion. And collaboration is at the heart of this approach. very easy to talk to,” says Kedia, who met Isabelle Bajeux-Besnainou fresh infrastructure at the Tepper School “Practical learning forces us to think about the new dean for the first time after her is the conduit through which this diverse the future, not only what happened in the appointment. “She asked me about the role Dean, Tepper School of Business academic knowledge flows, embodied by the past,” Bajeux-Besnainou says. “It pioneers a of the Business Board, what the other CMU new $201 million David A. Tepper Quadrangle new way of teaching and addressing schools needed, and what I think should be (Dammon’s legacy). The state-of-the-art business problems.” on her priority list.” teaching facilities connect all seven campus colleges and reimagine the purpose of a business school. ***

t was not exactly a warm welcome. Those who were involved in hiring Isabelle Bajeux-Besnainou was on the “I don’t think of Bajeux-Besnainou recall being endeared by long drive from Montreal to Pittsburgh, her balance of confidence and humility. Her to become the 10th Dean of the business as a siloed inclusive style of “servant leadership” made ITepper School of Business, when she was discipline,” says her an instant favorite with the faculty, who struck by a visual reminder of what would praise her empathy, listening, persuasion, become the toughest test of her tenure to Bajeux-Besnainou. and foresight. date. The closed border between Canada “To solve problems, and the U.S. underscores the challenges “She recognizes that — alone — she is not of the coronavirus pandemic and resulting you need to going to make anything happen,” says economic fallout. Anita Williams Woolley, Associate Professor build bridges of Organizational Behavior and Theory, and However, Bajeux-Besnainou, an academic between academic co-chair of the search committee. “She is lifer, relishes the trials to come. She joined committed to the idea of building a vision the Tepper School from McGill University’s disciplines. Because for the future together with the faculty. That quickly made her the frontrunner.” Desautels Faculty of Management on otherwise business Oct. 15 (taking over from Robert Dammon) and believes the business school is just doesn’t work. strategically positioned to succeed in the current age of upheaval. There is no other way to reinvent business in a post- COVID-19 world.” cmu.edu/tepper

11 COVER STORY DEAN ISABELLE BAJEUX-BESNAINOU WINDS OF CHANGE

Jim Rohr, Chairman of the Board of After 21 years at George Washington, she study method of teaching that has among our professors, that does not bode Yet the closure of campuses nationwide in Trustees of Carnegie Mellon, highlights was headhunted for the dean’s job at McGill, underpinned graduate business education well with prospective students. We need to the spring, including Carnegie Mellon, and Bajeux-Besnainou’s strong track record as joining in 2015. She would spend five years for decades. “I would not say the case be incredibly supportive in making sure that coronavirus restrictions on their reopening “There is a huge effort an innovator. “She invented a number of new in Montreal raising research excellence, method is not useful, but it only looks at when we hire more diverse faculty, we offer have forced more investment in technology we have to make in programs when she was at McGill, and her financial sustainability, and community the past,” she says. “With the current crisis, the support they need to be successful. It’s to keep classes running remotely. The Tepper ability to integrate other disciplines into a impact through experiential and there is no blueprint about how to handle about intentionality.” School’s experience with its long-established communicating to business school is extremely important,” interdisciplinary learning. She also a pandemic. We need to invent different Part-Time Online Hybrid MBA meant the the business world he says. oversaw the expansion of teaching methods to solve business problems.” Change is required in the curriculum itself, transition for faculty was relatively smooth. facilities at the business school. she adds, noting that relatively few case and to prospective “We are a very forward-looking institution, Meanwhile, the standout success of studies feature a black or other minority And Bajeux-Besnainou expects online uniquely positioned with a focus on AI, Perhaps the crowning achievement of her specialized master’s programs across ethnic protagonist — a problem that is not learning to proliferate even after the students everywhere robotics, and big data. For Isabelle to be tenure, though, was the creation of the subject areas has convinced her that the unique to the Tepper School. pandemic. Yet the coronavirus has also that we have the able to incorporate these developments, so Bensadoun School of Retail Management MBA, long the flagship graduate business highlighted a craving for human interaction. crucial to the future of business, into various in collaboration with Circle K, the Canadian degree, will be diminished in prominence in “I have never thought that 100 percent online right positioning and management courses, would be terrific for convenience store. This is in addition to a the years ahead. “We need to ensure the programs are the way to go,” she says. strengths. I want the our students.” Retail Innovation Lab where students work with employers to define the future of retail. “In no way do I think the MBA is dead, but it professors are teaching “Teaching on these courses can be world to know that *** will become a slimmer market — it already about why diversity frustrating because you feel like you don’t Tepper is the business Former colleagues describe her as has become one, with some schools closing know the students well enough. The hybrid highly imaginative and collaborative. their programs,” she says. “I believe there version is a very powerful model as it Born and raised in Paris, Bajeux-Besnainou matters and how you school of the future.” Mark Michaud, Director of Administration will be more balance between MBAs and provides students with flexibility, but also the attended the École Normale Supérieure, at McGill’s Desautels Faculty of Management, specialist master’s degrees, which are improve businesses opportunity to network in person and have one of the most selective and prestigious says, “She liked to solicit ideas. She was becoming very important and in ever higher a stronger sense of community.” graduate schools in France. She went on and society when you forward-looking, whether it was designing demand. We will need to think carefully to earn a doctorate in mathematics from new programs or infrastructure. She was about this balance at Tepper.” bring diverse points Bajeux-Besnainou’s colleagues are hoping Université Paris-Dauphine-PSL, writing her fearless, never backed down, but yet was she will innovate at the Tepper School, which thesis on applying mathematical models to of view to problem- very warm. She always gave people the Like other deans across America, she is primed for continued success with its financial markets. opportunity to speak up. Her door was pledges to renew her institution’s focus solving,” says Bajeux- new building, its technology expertise, and always open.” on racial justice following the Black Lives its world-leading, online delivery capacity. From there, she was hired by France’s ESSEC Besnainou. “It’s not just Matter protests that erupted in response to “Isabelle’s job is to put all these ingredients Business School as a finance professor. Liette Lapointe, Vice-Dean of Programs the police killing of George Floyd. Diversity together and take us to the next level. I don’t After four years, she moved to New Jersey about social justice. at Desautels, says that Bajeux-Besnainou and inclusion have always been important know what that will look like, but boy am I in the U.S. with her husband and young son is one of the most driven people she has to Bajeux-Besnainou, who is one of Yes, that is crucial, excited to find out,” says Pierce. (“it was as close to New York as we could ever worked with. “She has tons of ideas relatively few female deans of top business afford”), and worked as a visiting professor but diversity is better and is very energetic. I know she has schools. “I’ve always been in a heavily male “The education landscape is changing so in Montreal. After having her second child grand ambitions and I’m sure she will push dominated environment,” she says, adding for both society quickly that there are many opportunities (she has three kids now) the family moved to forwards tons of new projects at the Tepper that she was the only woman in the for us to do something different. I believe Washington, D.C., where Bajeux-Besnainou and business.” School. They are lucky to have her.” finance department when she joined students want institutions that don’t just landed a job at George Washington George Washington. maintain the status quo, but are making University’s School of Business. Henry Mintzberg, a professor in the business education more relevant.” Desautels Faculty of Management, adds: Diversity and inclusion have long been Passionate about research and teaching, “I found Isabelle to be very supportive and priorities at the Tepper School, giving Bajeux- *** True to form, Bajeux-Besnainou says that she she became Chair of the Finance very helpful with my sometimes challenging Besnainou a solid foundation to build on. will not impose her vision. “During the first Department. After discovering a love of requests. Managing a management school, “This is definitely a huge challenge,” she Looking ahead, one priority and challenge month as a dean, it’s incredibly important to leadership, she became Associate Dean with so many professors who think they says. “I think it’s incredibly important too. will be to continue to draw international listen and to learn, not to rush into changes,” for Undergraduate Programs. One key know so much about management, is no There’s an awakening right now in the U.S., students to the Tepper School amid a she says. “You need to grasp the aspiration achievement was reforming the bachelor’s easy task. Isabelle pulled it off.” and we need to take a very proactive, not clampdown on immigration in the U.S., as of all the constituents — professors, staff, degree in business administration, making reactive, approach to effect significant well as travel restrictions around the world students, alumni. Everyone has been it compulsory for students to select a positive change. The good thing is that and the temporary closure of embassies incredibly generous with their time.” double major outside the business school. *** there is recognition from the whole Tepper that issue visas. “The strength of the U.S. “Wall Street came to Washington to hire my community that this issue needs to has been and always will be thanks to Long-term, her goal is to raise awareness of students because they had a breadth and Outlining her vision for the future of business be addressed.” immigration, and in particular the ability the unique strengths of the Tepper School depth of knowledge, and could broaden education, Bajeux-Besnainou says she’s keen to bring top brains from so many different that drew her south from Montreal. the horizons of the banks,” she says. to develop closer links with industry so that She spotlights the dearth of black faculty at countries. I am quite optimistic this flow of students at the Tepper School develop skills the business school as being one of the key talent will continue after COVID-19,” says

Tepper School of Business University Mellon | Carnegie that make them ready for the job market. challenges. “If there is very little diversity Bajeux-Besnainou. cmu.edu/tepper She envisions a pivot away from the case Isabelle Bajeux-Besnainou, 10th Dean of Carnegie Mellon 3 University’s Tepper School of Business 13 VP VERSATILE PATHFINDER // AMIT SACHDEV (BSIM 1990) BY NICHOLAS DUCASSI READ MORE @TEPPER D I G I T A L A PRECISE MAGAZINE

I REALIZED PRETTY QUICKLY I WANTED TO DO SOMETHING DYSSEY THAT I FELT MORE PURPOSEFUL ABOUT “I WANT THE COUNTRY THAT ELIMINATED For Tepper alumnus and current Vertex EVP and Chief Patient — SOMETHING LESS POLIO AND MAPPED THE HUMAN GENOME TO Officer Amit Sachdev, the State of the Union represented a highlight of nearly a decade of tireless work. Having helped ABOUT INVESTING AND LEAD A NEW ERA OF MEDICINE ... TO BRING shepherd the Boston-based company to multiple breakthrough THE COUNTRY CLOSER TO CURING DISEASES medical treatments, ten-fold growth, and R&D sites and offices MORE ABOUT PUBLIC LIKE CANCER AND DIABETES,” PROCLAIMED across four continents, the presidential mention further validated POLICY AND HELPING IN PRESIDENT OBAMA IN HIS 2015 STATE OF THE his decision to join Vertex when the company had just one office, no commercial operations, and no profit. OTHER WAYS. UNION ADDRESS. As Obama announced the launch of a new precision medicine initiative, the Capitol building erupted in “Precision medicine,” also known as “personalized medicine,” applause. 27-year-old cystic fibrosis patient Bill Elder, a guest that targets a disease’s genetic roots to modify the course of a disease night of First Lady Michelle Obama, listened live as the president or even prevent it. “That’s what Vertex does,” says Sachdev. “We explained the catalyst: “In some patients with cystic fibrosis,” a use different approaches — small molecules, cell therapies, gene rare, life-threatening genetic lung disease, “this approach has therapies — to create innovative, transformative medicine for reversed a disease once thought unstoppable.” serious diseases.”

That approach is Kalydeco, a breakthrough treatment developed But the journey from research to market can be decades-long, by Vertex Pharmaceuticals that targets the genetic roots of the laden with setbacks, and require serial rounds of massive financial disease, earning it the distinction from Forbes as “The Most investment. Sachdev’s odyssey from finance and data analysis Important New Drug Of 2012” and winning the First Annual Forbes classes at Carnegie Mellon to helping bring hepatitis C, cystic Breakthrough Drug Award for “dramatically improving the lives fibrosis, and hopefully Type 1 diabetes and sickle cell disease of patients and conquering a scientific challenge that had vexed treatments to the world was similarly winding, carrying him researchers for decades.” over a million miles across numerous international borders with stopovers at law school, Wall Street, and Capitol Hill. Over the last “I’m so lucky to be a living, breathing example of how precision two years, this has led to the creation of a new MBA track in health medicine can work,” Elder told the Cystic Fibrosis Foundation care at the Tepper School of Business. shortly after the State of the Union. “I started taking a breakthrough treatment for cystic fibrosis a few years ago, and it has changed my life. This new treatment is allowing me to pursue Amit Sachdev (BSIM 1990) my dreams. Without Kalydeco, I know I would get sick a lot more EVP and Chief Patient Officer Tepper School of Business | Carnegie Mellon University often, but since taking the drug, I haven’t had a flare-up.” cmu.edu/tepper Vertex Pharmaceuticals

14 15

VP VERSATILE PATHFINDER AMIT SACHDEV (BSIM 1990) TEPPER’S NATURE MEETS NURTURE medicines sent to Africa, further sharpened number of patients who were diagnosed. While it was initially approved to treat exposure to different types of problems and CURRICULUM As a child, Sachdev spent countless hours his skills. “I was problem-solving from the Within two years, Sachdev also led the around 4 percent of CF patients, Vertex risks, but I still apply the same set of skills inside the science labs at Louisiana State time I walked in to the time I left,” says opening of Vertex’s first ex-U.S. offices, has continued to develop Kalydeco since its I learned at Tepper to develop solutions to GAVE ME University, where his parents conducted Sachdev. “Problem solving, data analysis, including its commercial operations, sales, 2012 introduction to bring it to more eligible those problems.” SKILLS AND research as chemistry and botany and assessing and managing risk are what and marketing, in Canada. patients around the globe, including its professors. His genetic predisposition to I most took away from Tepper, and what I 2020 approval to treat babies as young as 4 And while Sachdev is working on bringing CAPABILITIES scientific curiosity met a love of computers, come back to every time.” But as Incivek advanced through clinical months old. Today, Vertex has four approved those medical therapies to the greater THAT I’VE which he nurtured in his teens when he trials and awareness of hepatitis C medicines that have the potential to treat population, he’s also working hard on began programming in Basic, Cobalt, A BLOSSOMING IN BIOTECH increased, so did the pressure on Vertex. up to 90 percent of CF patients in the future. bringing a special segment of the population APPLIED and Fortran. By 2004, a D.C. colleague called to gauge “Leading up to Incivek’s approval, we had “We’re not done; there’s still 10 percent to Vertex: Tepper alumni. “We have as much THROUGHOUT his interest in joining BIO, the life sciences raised $4.5 billion in public markets without of patients that probably need some sort need, want, and capability in innovative life Drawn to Carnegie Mellon for its prowess trade association that represents large generating a return for our shareholders. of gene therapy or cell therapy that we’re sciences as the Silicon Valley companies or MY WHOLE in technology, he had two predominant companies like Celgene ($15B) and smaller It took us four years of working with the working on,” cautions Sachdev. “But we feel Wall Street banks for those with analytical CAREER. career goals in mind as he chose his major: venture-backed, innovative biotech government, philanthropy, foundation, and good about what we’ve done.” capabilities, data scientists, and the other purposeful work and entrepreneurship. companies. “I wanted to experience the peer companies to set up a framework to skills that make Tepper graduates so special.” He decided to major in business: “Tepper’s private sector. I had done almost a decade enable the funding for treatment.” A DEEP COMMITMENT TO ITS PATIENTS curriculum gave me skills and capabilities in public service, which I found really But Vertex’s and its Chief Patient Officer’s To that end, he’s worked closely with Tepper that I’ve applied throughout my whole meaningful, but I didn’t know which part to After 15 years of development, Incivek hit missions have always been about more faculty and staff, including former Dean career,” says Sachdev. enter — hospitals, insurance, innovation. I the market in 2011, and by 2012, for the than just treating the disease: “We’re deeply Robert Dammon, to design and develop a thought going to BIO would give me a first time in its 23-year history, Vertex committed to the patients we serve, and our new MBA Health Care track in data analytics After graduating, he became an investment taste of that.” was profitable. “It was the fastest drug in responsibility goes beyond medicine. We that will include artificial intelligence for advisor for a large Wall Street brokerage the industry to reach a billion dollars in spend a lot of time thinking about what kind life sciences. house. It was short-lived: “I realized pretty At BIO, Sachdev met Joshua Boger, a doctor revenue,” says Sachdev. of outcomes patients have in terms of quality quickly I wanted to do something that I felt of organic chemistry who founded Vertex of life and how we can engage with them to The partnership between the Tepper School more purposeful about — something less in 1989 to pioneer work in structure-based It didn’t last. “It was also the fastest drug ensure we’re meeting their needs to make of Business Health Care Initiative and Vertex about investing and more about public drug design to treat serious diseases. By off the market. Within two years, it was sure their voice is heard.” will create an MBA curriculum for health care policy and helping in other ways.” 2007, nearly twenty years into its existence, replaced by a competitive product. After analytics and support the related research of the company had no commercial wing and Vertex went through a major investment That work also includes philanthropy — the faculty and doctoral students. He pivoted from business to Emory no profit. It had devoted all of its resources over many years to be the pioneer in Sachdev oversees The Vertex Foundation University’s law school and soon landed an to its founding mission. But it was on the hepatitis C treatment — to not win in the — to running programs that help patients “Our vision is to offer a comprehensive internship at the Department of Justice in verge of making history. strategy game of making sure you didn’t connect directly with the company. “We have deep dive into the study of health care Environmental Litigation and Defense. He just have the first treatment, but also the patients who show up on their vacations analytics,” says Soo-Haeng Cho, Professor eventually found his way to writing laws, Its antiviral treatment for hepatitis C, a best ... was tough.” and want to come meet our scientists,” so of Operations Management and Strategy running hearings, and negotiating bills in disease that killed more U.S. citizens in Sachdev built a program that allows patients at Tepper. The curriculum will draw from cybersecurity and critical infrastructure 2007 than HIV, was in clinical trials. Using THE VERTEX VORTEX to tour Vertex’s Boston labs, not unlike how Tepper School’s health care analytics courses as Senior Counsel for a senior a technique called protease-inhibition, “We had to pivot to a different disease Sachdev himself toured his parents’ labs and related courses in health care policies congressional committee. Vertex’s treatment, called Incivek, showed area. We had cystic fibrosis in mind, but the when he was a child. and AI applications to health care from the promise to stop the replication of the virus research was in an earlier stage, so we had Heinz School and the School of Computer Law school helped him get to Capitol Hill, that caused the disease. “If we succeeded, it to figure out how to stay alive through the Sachdev says he’s gained an extended family Science. Touching on everything from but Sachdev says the business negotiation would essentially be a cure. You would treat ‘divot’ period.” in the CF community. “When you have a rare hospital management, insurance policies, skills he learned in his undergraduate each patient once, and you would move disease, it’s a very small number of people, and patient records to medicine, diagnoses, Mergers and Acquisitions class helped on,” says Sachdev. While rare — only around 35,000 Americans unlike the larger systemic diseases that and treatment, the track will culminate in him excel there: “I learned how to work are affected — cystic fibrosis is brutal to affect large swaths of the population. I know a capstone project course that exposes with other people and how to negotiate. But bringing that dream to fruition would those it afflicts: The life-threatening genetic them by name, know their family members, students to a real business problem in the Whether I was negotiating legislation in require help from someone with vast disease causes persistent lung infections know their communities ... that’s a privilege health care and life science industry. “The a bipartisan way or in a business experience in multiple sectors, including and limits the ability to breathe over time. that we have doing this work.” potential is limitless,” says Professor Cho. negotiation — the skills I learned at Tepper business, government, and policy — Vertex’s personalized treatment, known as really applied forward in my career.” someone like Sachdev. The opportunity to Kalydeco, was the first medicine to treat the On the horizon, Vertex has therapies in While the program is currently in simultaneously do good and help shape a underlying cause of the disease. various stages of research and development, development — like a cutting-edge Before long, he became Deputy company was the perfect marriage of the including potential treatments for Type 1 personalized medicine in a clinical trial — Commissioner of the Food and Drug career goals that pushed him to study Kalydeco exceeded expectations in its diabetes, beta thalassemia, and sickle cell the fall 2020 semester featured the first- Administration (FDA), which oversees at Tepper. clinical trials. “We were surprised. Not disease. Issues are sure to arise as they work ever Health Care concentration to build up nearly 25 percent of the U.S. consumer only could you get a modification in the to introduce them to the world, but Sachdev momentum and excitement for the track. economy. The breadth and diversity of his Sachdev came on as Vertex’s SVP of slope of the decline in lung function,” says his journey has equipped him to tackle “There’s no reason we shouldn’t connect workload from implementing key elements Corporate Affairs and Public Policy. He recalls Sachdev, “we also began to see any hiccups: “My career path — and it was these dots and help recruit more Tepper

Tepper School of Business University Mellon | Carnegie of the Medicare Modernization Act to led its market shaping, including raising improvement in lung function as well.” definitely a winding road, just gave me graduates to life sciences,” says Sachdev. ― cmu.edu/tepper ensuring the efficacy and safety of HIV awareness of hepatitis C and increasing the 16 17 EL ALUMNI STARTUPS // enterprising l e a d e r s Beginnings and Backstories

BY AUBREY BUBERNIAK AUBREY BY Watch.

ASHA BANKS (MBA 2020) BRENDEN VAN BUREN (MBA 2017) KATE XIONG (MBA 2004) Listen. FOUNDER AND CEO, CHEERNOTES FOUNDER AND OPERATOR-IN-RESIDENCE, GTE CO-FOUNDER AND CEO OF PATCH, INC. GLOBAL HARRISBURG, PENNSYLVANIA PRESIDENT, PRO MAX FENCE SYSTEMS, LLC HONG KONG, CHINA, NORTH AMERICA WYOMISSING, PENNSYLVANIA sha Banks (MBA 2020) has considered herself riven by an adventure-seeking spirit since she was an entrepreneur since grade school, identifying efore earning his MBA and founding his own young, Kate Xiong (MBA 2004) has made a career Learn. gaps in the marketplace and creating her company, Brenden Van Buren (MBA 2017) out of chasing new pathways to success. As a young first products — hair and skincare products spent his summers during and after undergrad girl growing up in China, she dreamed of becoming Amade of natural ingredients and formulated specifically working at his family’s highway construction Da pilot. After receiving her primary education in China, she to address black people’s beauty needs — while still in Band materials business, New Enterprise Stone and Lime moved to the United States to attend the Tepper School, and junior high. Curious as to how products were made at Company. He then continued to innovate in the industry, then became a hedge fund manager for Goldman Sachs. While The Tepper Alumni scale, she drew on this experience to pursue a career in working with his father’s acquired company, PennStress, she loved chasing the heat, she decided to make a career switch, chemical engineering. While earning her MBA, she felt the a pre-cast concrete manufacturing facility. From creating which ultimately led her down the path to co-founding Patch, Webinar Series entrepreneurial spirit strike again, leading her to create new markets for commercial construction materials to Inc., a medical tech company. Kate now gets her thrills from CheerNotes, a greeting card company that is making the managing his own search fund platform, Brenden has investing her time and energy into applications that have a simple and kind act of sending a card to a loved one a more continued to put family first while connecting businesses global impact and provide necessary medical care to those inclusive experience. ― in the industry, large and small, with business pros ready in need. ― Stay up-to-date on business to take on and manage the companies’ future successes. ― trends and developments Q Q What is your elevator pitch? What is your elevator pitch? Q What is your elevator pitch? through virtual learning with A A Using tech platforms to help people become who they CheerNotes is a marketplace that makes it easy to A topics ranging from discover and share intentionally inclusive greeting cards. Generational Transfer Entrepreneurs (GTE) is a search want to be and achieve what they want, that is something I We do this through our own collection and partnerships fund platform for MBAs. We help MBAs that have an wanted to carry on and do. I pursued that direction by investing managing your career to with diverse artists who are inspired by their culture, operational or management background search for and in technology companies that were in the early stages of experiences, and love of self-expression. connect with retiring business owners who do not have a development, and then I co-founded Patch, Inc., where we quantum computing. succession plan. Once the match is made, we then help to developed affordable, accessible, wearable tech that can acquire the business as efficiently as possible and connect provide cardiac care in under a few minutes. This tech can Q Why CMU? the MBAs with the capital to acquire that business. detect electrocardiogram (ECG) signals and give you a report in less than five minutes, which helps to screen for early detection A I wanted an environment that supported Q of heart disease and can ultimately lead to prevention. entrepreneurial thinking and entrepreneurs. Before even Why CMU? stepping on campus, I spoke with five current students and A Q alumni who built businesses while at Tepper and even had I am a math guy, and I grew up a couple hours outside Why CMU? an exchange with Dave Mawhinney, Executive Director, of Pittsburgh. I applied to CMU hoping that with their A Swartz Center for Entrepreneurship. I could see the analytical program, I would fit in well with the culture. I I wanted to make a career switch, so I began applying evidence of the environment that I could both grow within wanted to be an entrepreneur, and everyone that I talked to business schools, and CMU was able to show me how to and give back to right away. to about entrepreneurship, including on my visit to CMU, demonstrate my capabilities. The rigorous fundamentals and seemed excited about the program at Tepper. hands-on study were important to me.

Tepper School of Business University Mellon | Carnegie WHY IS IT IMPORTANT TO FUND HOW DO YOU CREATE YOUR HOW DO YOU SUCCESSFULLY PIVOT WHEN cmu.edu/tepper/alumni/events/webinars.html cmu.edu/tepper BUSINESS IDEAS WITH PASSION? OWN SUCCESS? A BUSINESS VENTURE DOESN’T CATCH ON LIKE YOU PLANNED? 18 19 SLIT SERVICE LEADERSHIP // MARY BETH GREEN (MBA 2004) BY DEBBI GARDINER McCOLLOUGH

READ MORE @TEPPER D I G I T A L MAGAZINE Mary Beth Green LEADING (MBA 2004) always

had a desire to

help others

“to do their

best” and “to AND

make a unique

difference,”

beginning at an

early age. SERVING .

Her family moved frequently due to her father’s work — she experienced living in six different BUILDING ECONOMIES Midwestern cities before age 12 — and she funded her own high school summer exchange program AND BUSINESSES in Germany. Through these experiences, Green learned a powerful lesson: Travel is the best teacher, THROUGH SERVING especially when you have to put yourself in others’ shoes. OTHERS BY

Green won a prestigious civil leadership award when graduating among the top of her class from high school in Decatur, Illinois, and was elected by the student body to speak at graduation. She then earned a degree in economics from the University of Illinois. While studying at university, the same passion for service leadership that she had growing up continued to inspire her. She was her sorority’s president, learning early in her career how to build a strong ecosystem of networks that included trusted colleagues and advisors across the campus. And she EXAMPLE became a student ambassador, helping international students wrangle visa issues and adjust to Illinois’ Tepper School of Business University Mellon | Carnegie cmu.edu/tepper famously crisp winters.

20 21 SL SERVICE LEADERSHIP MARY BETH GREEN (MBA 2004) “That these students GROWING took themselves out

“That these students took themselves out develop solutions in complex sourcing and of 412 Food Rescue, an organization that of their own world, of their own world, their own groove, was supply chains. Green then became a Senior directly transfers food to nonprofit partners their own groove, was inspiring,” she said. “I admired their courage Marketing Leader at Philips-Respironics who serve those who need it. She is also THROUGH and learned as much from them as they before starting her own consultancy to help a founding board member of inspiring,” she said. “I learned from me.” build up idea-stage startups. Throughout ProductCamp Pittsburgh. these transitions, Green relied on the training admired their courage INNOVATION A POWERFUL PIVOT she received from the Tepper School to guide COMBINING A LOVE OF TEACHING and learned as much After graduating from college, Green enjoyed her in helping and serving others. WITH SERVICE LEADERSHIP working for companies that invested in Mary Beth Green (MBA 2004) Green enjoys how her job at Sheetz from them as they scientific research and were committed Chief Innovation Officer A PERFECTLY-ALIGNED ROLE combines her business experience with her We asked Green to share her top Sheetz learned from me.” to applying technology in new, useful While Green found something to love in all love of teaching. For three years, Green has tips for innovators — or anyone — ways. She held several roles within Bayer of her work successes, her current role as educated students as an adjunct professor in who wants to make their mark. and throughout her career, and enjoyed Chief Innovation Officer for Sheetz, a leading the MSPM program, a joint graduate degree “We’re exploring what convenience means launching new products that helped solve “I feel like $7.2 billion customer-focused convenience program offered by the Tepper School of for you,” Green said. problems and grow the economy. chain with 600-plus locations across six Business and the School of an Olympic states, is perfectly aligned with her goals. Computer Science. Green, on behalf of Sheetz, also is Restless to continue learning, Tepper School When Demmler read the job description that exploring additional capstone sponsorship alumni and friends guided Green on which Green shared with him, he said, “This job was She enriches the student experience by opportunities at Carnegie Mellon within soccer coach, Build a diverse team for business program might complement her written for you!” bringing real business challenges and other disciplines and departments, including different points of view. background and experience thus far. She bringing out problems to the classroom. “It becomes a the Department of Statistics and Data learned that the Tepper School’s strong Indeed. Entering her second year as Chief valuable way of gaining a fresh perspective,” Science at the Dietrich College of Humanities Create a compass based on foundation in STEM offered ways to explore the best in Innovation Officer, Green leads a fast-paced, she said. and Social Sciences; the Corporate Startup values to navigate and find and develop her own brand of technical forward-thinking team on a mission to make Lab, a Swartz Center for Entrepreneurship your territory. expertise. Green earned her MBA from the everyone. a difference in peoples’ daily lives. One of the first steps that Green took in her initiative; and the Master of Integrated Tepper School in 2004. role at Sheetz was to sponsor a capstone Innovation for Products and Ask questions before seeking answers. It’s a joy She and her team study the environment course project with the MSPM program. Services program. Her studies and the partnerships she around them and explore ways to improve it. Green hears from former students, like Never stop learning on developed at the Tepper School inspired her Together, they analyze disruption strategies, Ashwin Rao (MSPM 2019) that the capstone With her second year underway at Sheetz, and privilege your journey. to look at the power of new businesses on new market segmentation, product experience became a “game-changer” that Green feels optimistic for the future (even strengthening economies and ecosystems. seeing the differentiation, and how Sheetz might shape challenged students to think differently and while the coronavirus pandemic continues). Inspire. In Green’s home office, “That was how I realized I wanted to make my and serve lifestyles of the future. to think at a higher level. “Urgency and chaos drive innovation,” on the wall behind her desk, is mark,” Green said. magic, knowing she said. a simple plaque with the word Technology and new customer growth is a “As a leader in your organization, you can “inspire.” To her, this message is The Tepper School did more than that the core theme for Green’s team. “Sheetz’s focus give back and learn through the capstone Green continues to have a glass-half-full bold and means two very specific complement Green’s growing tapestry on enhancing how customers experience courses, too,” Green said. approach to business and innovation by things: She should inspire others of skills. She gained credibility working expertise convenience,” she said. “We are the following her long-ago developed Innovation to become the best they can be alongside accomplished scientists, spearhead in transforming Sheetz over the Engaging with the university becomes a Framework, which spans the entire spectrum and then continue to be inspired innovators, and investors. Green learned next ten years.” great way to add to the overall ecosystem of innovative thinking and her Innovation by others. This dual outlook I’ve gathered grounds her as she looks to how to leverage her networks, identify her of innovation, in her experience. One of the Compass. Both accelerate the innovation shape the lifestyles of strengths, and tackle complex problems in For Green, success means having a process key sparks for innovation is being connected function. Her team performs customer as an the future. a disciplined but collaborative way through that builds ideas into working business to vibrant networks of entrepreneurs and discovery, defines customer targets, and organizational behavior courses, a core entrepreneur concepts and having a team that models a established corporations that have been creates compelling value propositions to fill focus of the MBA curriculum. The knowledge learning culture through exploration innovating for years. “A lot of magic can clear market needs. she gained from Frank Demmler, Adjunct and innovator and experimentation. happen when all of these forces come Teaching Professor of Entrepreneurship together and interact,” she said. To turn ideas into actions, Green and in the Donald H. Jones Center for helped to Alongside her role (and within the spirit of her team must understand the lifestyles Entrepreneurship at the Tepper School, continued learning and service leadership), REAL MANAGEMENT CHALLENGES of current and future customers — to still helps her today — especially as she is accelerate Green also speaks at conferences and WITH REAL COMPANIES understand their perspective, their why. This now an adjunct professor at the Tepper events on the topics of innovation, strategy, Green finds partnering with the MSPM understanding — standing in another’s shoes School herself. their success. technology, culture, ecosystems, and product program through her role at Sheetz as a — is how Green leads her team to develop management. She serves as a mentor and capstone course project sponsor to be a and experiment with solutions that help After earning her MBA, Green transitioned And then, I judge for innovation events, including the win-win. A globally and professionally diverse customers become part of Sheetz’s product from being a new technology strategy National Science Foundation’s Innovation student body from scientific, technical, and pipeline. That, of course, is Green’s mission specialist at Bayer to the Director of get to be part Corps program, the McGinness Venture financial backgrounds brings rich, outside as Chief Innovation Officer: to shape the Professional Services. She later worked in Competition, and the Founder Institute. To perspectives to collaboration. Sheetz gains lifestyles of the future. ― Tepper School of Business University Mellon | Carnegie Account Management at CombineNet (a of it.” remain true to her commitment to serving fresh insights into broader ways to define cmu.edu/tepper startup with Carnegie Mellon roots) to others, Green volunteers as a board member convenient service from their student 22 project engagement. 23 CP COLLABORATIVE PARTNER // TED DECKER (MSIA 1993) BY TRICIA MILLER KLAPHEKE READ MORE @TEPPER D I G I T A L MAGAZINE

dward “Ted” Decker (MSIA 1993) had never set foot inside The Home Depot before a recruiter called him about a job at the home improvement retailer’s BUILDING headquarters in Atlanta, Georgia, in early 2000. But Decker found the company to Ebe a great fit for him, given that it had an entrepreneurial, problem-solving culture similar to the one he loved as a graduate student at the Tepper School of Business. Twenty years later, he’s forging connections between his employer and his alma mater, looking for ways The Home Depot can benefit from the expertise and collaborative spirit of Tepper School students, alumni, and faculty.

Decker, an Erie, Pennsylvania native, began his career in finance, working for PNC Bank in the United States and abroad before he moved to Pittsburgh, Pennsylvania. Instead of looking elsewhere to start business school, he applied to the Tepper School and was impressed by how rigorous the education was. He appreciated the small class sizes, close relationships with professors, and the intensity of the course load.

Tepper School of Business | Carnegie Mellon University cmu.edu/tepper

24 CONNECTIONS 25 CP COLLABORATIVE PARTNER Crisis Management

Decker and his colleagues at The Home Depot faced a unique Decker said the experience has led a business that was already agile challenge as the spread of COVID-19 closed down communities and to become even more so very quickly. The Home Depot did not have businesses across North America this spring. Deemed essential early curbside pickup before the pandemic, for example, but within a on, The Home Depot was one of the few retailers that never closed few weeks began to offer the service as Decker and his colleagues its doors. Staff at The Home Depot’s headquarters shifted to working recognized that customers wanted a safer, contactless from home and the executive team began daily meetings planning out shopping experience. how to comply with evolving regulations and protocols in more than 2,500 state and local jurisdictions where The Home Depot has stores. As the pandemic wore on, Decker said he faced the constant challenge of maintaining the supply chain, as a factory would close unexpectedly In keeping with its values, The Home Depot first instituted price in one country or there would be an outbreak domestically. He said in- freezes on anything to do with safety or sanitation to avoid price stock levels were still lower than the previous year over the summer, gouging local communities and donated all N95 masks it had in stock but that his goal was to provide a close alternative if a certain product to first responders and hospitals, Decker recalled. It added benefits is not in stock. for its employees, including more paid time off and weekly bonuses and double overtime pay. It cut back on store hours to allow more Ted Decker (MSIA 1993) time for cleaning and stocking shelves, and it canceled promotional President and Chief Operating Officer events that would have been intended to drive traffic to the stores. The Home Depot

“It’s one of the best things that ever happened to me because it’s Atlanta, Georgia, Alumni Chapter, he has become involved in other ways Decker said that the students who work with The Home Depot such an incredibly good school,” he said. “To me that is the basis that support business engagement over the last few years. exemplify the culture that both the school and the company embrace. They’re open-minded people who are interested in partnering with He also loved the way the school emphasizes interdisciplinary work: for a Carnegie Mellon The Home Depot has begun hiring graduates, mostly as a result of the those from other disciplines, such as computer science, in order to pushing business students to learn from and partner with students work students have done and relationships that they have established solve big problems. from other programs, and not pitting deans and schools against University education. with the company through capstone projects. each other in competing fiefdoms. He said that that collaborative, “The world today is a cross-functional interdisciplinary project world,” entrepreneurial culture has a lot in common with the culture at The No problem seems too The Home Depot has partnered with Tepper students through two he said. “You can’t get anything done without people from all different Home Depot. different capstone courses over three years. The first course, Strategic facets of the organization.” big, because you know Management of the Enterprise, is a collaboration between graduate and The Home Depot uses two symbols to illustrate how it makes undergraduate students in the Tepper School and the Heinz College of Decker has also hosted — on several occasions — a summer reception decisions as a company: a values wheel showing eight guiding Information Systems and Public Policy. The Home Depot was a partner at his home for Tepper School students who are interning in Atlanta, principles, and an inverted pyramid showing its CEO at the smallest you tackled those company in the course for the first time in 2018 and has since invited Georgia, and local alumni. He likes hosting the gathering in order to bottom layer, supporting frontline workers and customers at the students to make an executive briefing at its headquarters. The teams hear what students are learning and working on and to reminisce about biggest top layer. Decker said there’s a lot of overlap between those enormous problems at have helped the home improvement retailer strategize bulk pricing the challenges of graduate school with fellow alumni. Decker extends values, especially entrepreneurial spirit, and the ones he learned in and quantity discounts. In the first year of partnership, The Home an open invitation to interns to join him for lunch at The Home Depot graduate school. Carnegie Mellon.” Depot team scored the highest ranking during the portion of the headquarters and talk about their careers. When they ask for advice, he course in which company executives judge the class participants on recommends they look for work they want to do at a company they like Decker has advanced at The Home Depot multiple times since he analysis, presentation style, and innovative ideas. More importantly, working for with people they want to work alongside. ― started in 2000. Six years ago, when Craig Menear took over as The Home Depot implemented the group’s recommendations. CEO, Decker was promoted to his role as Executive Vice President of Merchandising. He oversees all online merchandising and marketing The company’s second course partnership is with the Master of Science “If you can get the work, the in the United States. It’s a complicated job that involves finding and in Product Management (MSPM) program. The degree — which was stocking items that are as diverse as lumber, washing machines, offered for the first time in 2018, the year that The Home Depot first company, and the people, wow, tractors, and tiny screws, across nearly 2,000 stores in the United sponsored an MSPM project — is a joint degree program offered that’s a trifecta,” he said. “That’s States. Decker said he uses the problem-solving skills he learned at through the Tepper School and the School of Computer Science. One the Tepper School, such as operations research and optimization group analyzed the shopping experience on The Home Depot’s website why I’ve been at The Home Depot principles, every day. and provided staff with 89 ideas to help customers find what they want for 20 years.” to buy. The company renewed sponsorship for a third time in 2020. WORKING WITH TEPPER SCHOOL STUDENTS Effective Oct. 5, 2020, Ted Decker was named President and Chief The Home Depot was founded in 1979 and has not historically done Operating Officer of The Home Depot. He assumes additional a lot of recruiting at colleges and graduate schools, but Decker hopes responsibility for global store operations, global supply chain, to change that. A longtime donor to the school who’s active in the and outside sales and service in his new role. Tepper School of Business University Mellon | Carnegie cmu.edu/tepper

26 27 EI BY COURTNEY RYAN COURTNEY BY

DEEKSHA GUPTA, Assistant Professor of Finance ZACHARY CHASE LIPTON, SELMAN EROL, Assistant Professor of Economics TETIANA DAVYDIUK, Assistant Professor of Finance Assistant Professor of Operations Research and Machine Learning.

SOCIAL AND epidemic. However, social INCOME The paper hypothesizes that REAL-TIME COVID-19 The data visualizer forecasting ECONOMIC distancing implies economic INEQUALITY, low-income individuals with INDICATORS AND tool draws from a variety of distancing since these safety high debt burdens face large sources, including surveys run DISTANCING DEBT BURDEN, TIME-TO-EVENT measures prevent workers costs when choosing whether by Google and Facebook, feeds from working side-by-side and AND COVID-19 to reduce mobility and stay at MODELING from diagnostic equipment, The COVID-19 pandemic has limit contact between clients home to protect themselves data on doctor’s visits and highlighted the critical role and providers. While new There have been stark from infection, leading to Who is most at risk of contracting hospital admissions, and official social distancing must play to technologies have allowed differences in the ability of heightened vulnerability during the COVID-19 virus and how can reports pertaining to cases and avoid contagion and deaths. some in-person activities to be low-income and high-income pandemics. Drawing from pandemic forecasting better deaths. The data also helps Yet, as people have adopted substituted with at-distance individuals to protect themselves data on mobility patterns of inform decision makers at the to analyze and demonstrate social distancing measures to activities, the network reaction during the COVID-19 pandemic. individuals, the researchers use federal, state, and local levels of how governments’ mitigation prevent the spread of COVID-19, to this behavior is unclear. a triple difference specification government and in the health measures have affected their new technologies that allow In the paper “Income Inequality, to document that low-income care sector? These questions population’s mobility and

EMERGING INSIGHTS replacing in-person for at- In this model, three conceptual Debt Burden, and COVID-19,” individuals with high debt are at the crux of two research distancing behavior. distance activities have blurred insights become apparent. Deeksha Gupta, Assistant burdens are 6 percent more projects involving Zachary the mapping between social and First, economic distancing and Professor of Finance, and mobile than less constrained Chase Lipton, Assistant For the project Time-to-event economic distancing. economic networking reactions co-author Tetiana Davydiuk, high-income individuals Professor of Operations Modeling, Lipton and co-authors to social distancing practices Assistant Professor of Finance, following the spread of Research and Machine Learning. analyze issues surrounding the In “Social and Economic may have an important role demonstrate that debt burdens coronavirus in the United States. COVID-19 pandemic by tackling Distancing,” Selman Erol, in buffering their economic contribute to this inequity by This effect is further exacerbated “Real-time COVID-19 Indicators” a complication that sometimes Assistant Professor of impact. Second, individuals not disproportionately increasing for African-American borrowers, is an online COVIDcast arises from the coronavirus: Economics, and co-author only react to social distancing the cost of reducing mobility highlighting a concerning racial project that aims to increase pneumonia. For this study, the Guillermo Ordoñez of the guidelines by rearranging their during pandemics to low-income aspect of debt burdens coronavirus awareness by team developed a risk score University of Pennsylvania economic activities by moving individuals, particularly African- during pandemics. providing comprehensive, based on viral pneumonia model how individuals react to in-distance operations, but American individuals. geographically detailed, and patients for survival analysis. to social distancing guidelines also by cutting some operations The paper also provides continuously updated indicators The overall goal is to provide by changing their network of and who they interact with. Across the United States, suggestive evidence that this of the pandemic’s activity and scores for different modes of economic relations. Specifically, Third, the shock induced by wealthier individuals have been debt burden channel could have its impact. The hope is that the decompensation in respiratory they look at how individuals’ social distancing restrictions able to cut their mobility more contributed to 2.16 percent more COVIDcast will help decision illness, including both changing their network of may speed up the adoption of than the low-income population COVID-19 cases. Additionally, the makers at all levels find clear needing ventilator support economic relations affects total superior technologies, leading because they benefit from paper finds that at the state- meaning out of the current and mortality. ― output, wealth inequality, and to a positive long-term effect on more flexibility to stay at home. level, a higher mobility inequality information deluge by providing long-term growth. economic activity after the shock Thus, poorer communities have gap is associated with a higher validated, verifiable, localized, has passed. ― experienced higher rates of number of COVID-19 deaths per short-term forecasts of epidemic Historical and recent data have infection and death from the capita among African-Americans spread and health care demand, shown that social distancing coronavirus. For example, some relative to Caucasians. ― under any assumed level of the practices, both voluntary and low-income neighborhoods in local population’s mobility and mandated, prevent disease Los Angeles have experienced distancing behavior. transmission by reducing mortality rates four times higher contact rates between infected than the national rate. and susceptible individuals, Tepper School of Business | Carnegie Mellon University cmu.edu/tepper minimizing the extent of the SEE THE SEE THE SEE THE RESEARCH RESEARCH RESEARCH 28 29 EXECUTIVE EDUCATION Get Started With a Program in 2021

Leadership and Negotiation Academy for Women Jan. 25–Feb. 25, 2021 | online | 6 TEUs What if your team You’re a proven and successful leader — hard-working, goal-oriented, effective. That’s just the beginning. Executive Presence: Communicating With Impact Jan. 28–29, 2021 | online | 2 TEUs thought like you? Elevate your executive presence and perform effectively at the highest levels.

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Communicating Complexity April 15–16, 2021 | online | 2 TEUs

Learn strategies to communicate technical information in a way that is clear, compelling, and actionable. Drive decision- making by bringing technical information to life.

Your Tepper Experience has prepared you to create the solutions needed to address the increasingly Custom Programs complex challenges within your organization. Tepper Executive Education seamlessly and effectively delivers complex programs to address your business need(s). We work hand-in-hand to reach your team’s desired development goals — through program development in a variety of Executive Education at the Tepper School of Business partners modalities (in-person, online, hybrid/blended), dynamic application and experiential experiences, and implementation with our alumni to create programming that leverages the to realize continuous improvement. dynamic classroom learning and experiences for their teams and greater organizations.

Blending faculty and content from the Tepper School of Business and the greater Carnegie Mellon community, we welcome an opportunity to discuss your team’s and/or organization’s training and For more information or to discuss your training needs, development needs. please contact: Alumni may participate in any of our Open Enrollment programs using their discounted rate, or they can send three or more members Nicholas Hamilton-Archer of their team for a group rate. Our Open Enrollment programs Executive Director for Executive Education address topics in strategic leadership, innovation, emerging Tepper School of Business technology, and advanced analytics, immersing participants in the [email protected] case studies, exercises, and tools to develop skills vital to success — Tepper School of Business University Mellon | Carnegie today and in the future. +1 (412) 268-5178 cmu.edu/tepper

30 Register online at tepper.cmu.edu/ExecutiveEducation 31 DONOR IMPACT

ennifer (Haylor) Milacci (BSIM 1995) is a multi-talented J businesswoman, grateful that her Carnegie Mellon experience allowed “First, I met my first husband at Carnegie her to make the most of her diverse Full-CircleMellon, which was very pivotal,” she talents. She expresses that gratitude explains. “Also, some of my closest through her generous support of the friends are those I made at CMU. They’ve Tepper School. really provided a great support network for me both personally and professionally Milacci arrived at Carnegie Mellon over the years, and continue to do so, in 1991 from Columbus, Ohio, as a particularly the network of women that I T hank You freshman architecture major, but within developed there.” a semester, switched to business with a concentration in graphic communications Milacci also notes the positive work ethic and an architecture minor. she absorbed while at school. “Over the years of working outside of school, I “A great thing about Carnegie Mellon is came to the realization that CMU really that it’s so strong in so many different helped foster the work ethic that I had, majors that it allowed me to make that and that my college experience there pivot,” she says. “It was unknown to might have been very different than that me what was out there, and Tepper of some of my peers,” she says. gave me an opening to broad business understanding while also keeping my Accordingly, she not only is a consistent creative outlet.” contributor to the Annual Fund, but also hank you to our alumni, faculty, staff, and friends who To the more than 3,400 individuals and companies that support the named a bench in the new Tepper Quad contributed this past year to the Tepper School. It has been an Tepper School, thank you again for your ongoing dedication. Our After graduation, she accepted a and established a scholarship, both in extraordinary time, and we are incredibly appreciative of those students and faculty greatly appreciate your investment! marketing position with Putnam memory of her late husband, Robert Twho have invested in the school. Not only are your gifts hard at work, Investments and within a few years, Milacci, a 1995 ECE graduate. segued into the business side of supporting the academic enterprise and faculty research, but they Best regards, have also been instrumental in helping the school to pivot to new marketing to institutional investors. “Regarding the scholarship, I was very modes of educational delivery. Now more than ever, your generosity Looking to then shift further into dependent on financial aid to attend is essential to Tepper remaining at the forefront of innovation in investment, Milacci and her husband and so wanted to give back in some business education. moved to New York to earn their MBAs way so others who also struggled could Bob DeAngelis (MSIA 1985) Jonathan Stern at NYU’s Stern School. Less than a year hopefully make their educational choice Tepper School Annual Giving Chair Associate Dean, Advancement into her post-graduation Bank of America without finances being the main driver.” We also want to thank our hundreds of volunteers who help shape Securities research associate position, strategic initiatives, encourage their peers to engage with the school, a colleague from her Putnam days She adds that she contributed to the new help Admissions recruit an exceptional and diverse applicant pool, called. Would she consider coming to building not only to honor her husband, mentor current students, and recruit on behalf of their companies. Renaissance Institutional Management to but also to support a new, dedicated We look forward to continuing to work together. market their new institutional offerings? space for the Tepper community It was ironically a full circle back to that included everyone, especially marketing — and clearly a very good one. undergraduates such as herself. PARTICIPATION HIGHLIGHTS Today, Milacci is a Managing Director and Milacci gives similarly of her time, hosting Head of Client Service at Renaissance, a various alumni events and, last year, I’ve given to the annual fund subsidiary of Renaissance Technologies, joining the Alumni Board. “I felt that because over time, I grew responsible for a team that handles it was a more direct way to make an increasingly proud that I marketing, business development, and impact, as opposed to writing a check,” “ the client services function for their she says. “I’m still new and learning graduated from Carnegie 90% 100% 923 Mellon and I’ve wanted external funds. how I can best contribute, but I am very GIVING $ CMU DAY impressed with the composition of the to see the school and its She looks back with appreciation to board, and the chance to work with the graduates succeed. 660 3.3M Carnegie Mellon, highlighting her Tepper community has just been ALL-MBA PROGRAMS CLASS PART-TIME ONLINE TOTAL W.L. MELLON 923 OVERALL DONORS — CONTRIBUTIONS TOWARD invaluable network. really great.”

Tepper School of Business University Mellon | Carnegie GIFT PARTICIPATION HYBRID CLASS GIFT SOCIETY MEMBERS HIGHEST EVER ANNUAL GIVING PROGRAM JENNIFER MILACCI (BSIM 1995) cmu.edu/tepper PARTICIPATION MANAGING DIRECTOR AND “ HEAD OF CLIENT SERVICE, RENAISSANCE 32 NEW YORK 33 DONOR IMPACT BUTLER FELLOWSHIP RECIPIENTS Butler highlights a few memorable individuals from his Tepper School RONALD STRADFORD (MBA 2021) CORY WEEKS (MBA 2022) years, such as then-professor Srikant Datar, whose class was his first eye-opening experience. Then there was Edward Mosier, the encouraging placement director who begged Butler to “please take that interview” with Union Pacific Railroad’s finance department — in Omaha. Butler reluctantly agreed, despite his 10 job offers and very A Legacy of Compassion firm decision to return to 1) the East Coast, 2) a manufacturing or operations company, and 3) definitely not in finance. ric Butler’s (E 1981, MSIA 1986) parents instilled altruism in their children, stressing, “Wherever you go, whatever you do, The alumnus interviewer’s first question: “Why do you want to work E leave every place better than you found it.” Their son has lived for Union Pacific?” The unfailingly honest Butler answered, “I’m not his entire life by this philosophy — and did just that for his sure I do … but I’d like to hear more.” After a surprisingly enlightening alma mater. back and forth, his mind was made up.

“Giving back is my heritage, my family legacy,” he notes. “We’ve been Following 32 illustrious years at Union Pacific Railroad, Butler retired Freedom to blessed beyond measure, and I honestly believe that we’re all here on in 2018 as Executive Vice President, Chief Administrative Officer, A Leg Up this earth to make a difference.” and Corporate Secretary, responsible for six major business units producing nearly $20 billion in annual revenue. But he never forgot Make an Impact He adds, “I’m not even close yet to the giving things my how he got there, giving back with both his time and support. “I’m onald Stradford (MBA 2021) was eager to attend the ory Weeks (MBA 2022) was thrilled and honored to learn he parents accomplished.” such a strong supporter because Tepper opened a world to me that I Tepper School — a highly-ranked institution with cutting- had been awarded the Butler Fellowship. “It gives me that leg would have never understood, through the classes and training, but R edge quantitative expertise — and more certain after his C up and makes me want to work even harder to be successful,” That honorable legacy — his lawyer father’s generous pro bono also through the students and network,” he says. admissions weekend visit. he stresses. “It’s a great honor, and I’m so appreciative.” work and anthropologist mother’s active mission work — also meant, however, that college funds weren’t plentiful. Young Eric “I consider Carnegie Mellon a large part of my success in business. I “Carnegie Mellon and Tepper are known for being leading After earning an electrical engineering degree from the University came from inner-city New York to graduate from Carnegie Mellon’s credit Tepper with many things I learned, including problem-solving technology institutions, and going into the future, I feel that will be of Florida, the Orlando native began his career at Eaton, mechanical engineering program and returned to earn his Tepper techniques; analytical approaches; a balanced, holistic way of dealing even more important,” he explains, adding, “I was blown away by completing their two-year Engineering Leadership program. School degree through the generosity of scholarship support. That with leadership; the culture; and the value of just getting the job how friendly everyone was and how smart, and I loved the campus With the opportunity to experience numerous functional areas, help is a gift he never forgot. In 2011, Butler and his wife established done with understatement.” and new building.” But what made all the difference was the Butler Weeks discovered he enjoyed marketing, soon becoming Product the Eric and Cynthia Butler Fellowship Fund, dedicated to supporting Fellowship. “It’s a big reason I was able to attend,” he says. “It would Manager of their marina products division. He describes a “terrific, underrepresented Tepper MBA students. In addition to their generous scholarship, Butler and his wife are have been very difficult otherwise.” challenging, and rewarding” experience, where he could also lead regular Annual Fund donors, named the dean’s conference room and mentor other engineers. in the new Tepper School building, and contributed to the CMU He successfully served as a business analyst, systems engineer, and Black Alumni Association Endowment. Butler serves on the Tepper technology product manager. At General Dynamics, Stradford was Looking to round out his skill set with greater finance knowledge, Business Board of Advisors, as well as returning to speak (most named operations team lead during a particularly high-stakes year. he turned to Tepper, drawn by the school’s quantitative focus and recently at the MBA graduation ceremony), recruit, and mentor. He His team earned the customer’s highest-ever satisfaction rating particularly excited to work with the Accelerate Leadership Center. was honored with the 2019 CMU Alumni Achievement Award. and, consequently, the renewal of a five-year, $150 million contract. “I had led teams and individuals but that was ‘figuring it out as I went along,’” he explains. “I knew that gaining more leadership Hardly “retired,” Butler sits on the boards of the Federal Reserve Looking for more well-rounded business process knowledge skills and one-on-one coaching would be invaluable to me.” He Bank of Kansas City – Omaha Branch, the Omaha Airport Authority, and hoping to explore different sectors, Stradford enrolled at was also excited to return to Pittsburgh, where he’d coincidentally and NiSource; serves as his church’s senior pastor; provides capital Tepper. “It may sound cliché,” he says, “but there are honestly so started when joining Eaton. “I really love it here,” he exclaims. for startups and community micro-loans; and established local many memorable experiences, it’s hard to pinpoint one.” But he scholarships for disadvantaged youth — among numerous describes the excitement of leading the team that scored Tepper’s Weeks comments on the positive relationships he’s been able to other activities. His greatest joy, however, remains family, including first win at Deloitte’s Technology Innovation Challenge 2019 build with his classmates, impressed that the faculty and staff have his newest delight — spoiling his four grandchildren. (from a field of 66). Along with clubs and activities, Stradford has so successfully facilitated this despite the challenges of a pandemic. particularly enjoyed his classmates. “Just listening to classmates “My classmates are such smart people,” he says, “humble, and Butler never stops striving to leave this world a better place. “I from different industries, functions, walks of life, there’s always as also really motived to be successful. Just engaging with them encourage international travel, for example, because it really helps much learning from them as the classroom,” he notes. is so exciting.” build your perspective that we are one world, that people are much the same, that people want the same things everywhere. We can He hopes to ultimately combine his technology experience with Already active in a number of “fantastic” student organizations, he make the world better.” finance and is grateful for the freedom to choose. notes the Latin American Business Club’s ability to “pull everyone Tepper opened a world to me in and get them assimilated,” and the Business & Technology and Operations & General Management Clubs’ “great speakers that I didn’t realize existed. And “I’ve seen students with large financial burdens get forced into specific, high-income-yielding and presentations.” Hoping to enter the tech industry, Weeks it was scholarship opportunities emulates a noteworthy role model. “ careers,” he says. “Thanks to the Butler Fellowship, that allowed me to go to school. I was freed from those concerns and could explore “Eric Butler is an extraordinary individual,” he Cynthia and I said that if we have everything available at Tepper. I’m able to choose says. “I aspire to one day, just like him, lead large cmu.edu/tepper the resources at our disposal, a position that will be most rewarding and where I teams and make a significant impact.” ERIC (E 1981, MSIA 1986) we’ve got to pay that forward. can make the most positive impact.” AND CYNTHIA BUTLER “ 35 CLASS NOTES Simple Strategies to MAXIMIZE Your Giving

IMMUNOGENESIS NAMES JIM BARLOW AS CEO

5 JIM BARLOW (MBA 2005) was named CEO of ImmunoGenesis in April 2020. Prior to joining Dear Alumni, ImmunoGenesis, Jim was Vice President of Operations and Business While we collectively The Tepper School Alumni Board Development for Geneos Therapeutics. search for our “new has spent the last several months Jim played an integral role in the normal,” I take discussing inequality issues affecting company formation of Geneos, a comfort in knowing faculty, students and staff, especially personalized neoantigen-targeting that students have concerning Black and Hispanic 1 ESTABLISH A GIFT 2 GIVE GIFTS OF STOCK, cancer vaccine company that is a resumed their studies, representation. We are in the early that pays you income, some MARKETABLE SECURITIES, spinoff from Inovio Pharmaceuticals. of which might be tax-free. REAL ESTATE, or other appreciated professors are teaching stages of developing and implementing classes, and alumni are as active as a core set of initiatives that are assets to maximize the impact and tax Before joining Geneos, Jim drove ever. While 2020 will be remembered as meaningful, impactful, and will help put benefits of your gift. the development of Inovio’s Immuno- the year of COVID-19, I will remember our community on a better path as we Oncology (IO) product strategy. Prior to this as a year of resilience and growth. move forward. For those who want to Inovio, Jim was at Bristol-Myers Squibb, 3 MAKE A GIFT Companies are successfully adapting get involved, please email where he was the Payer Marketing Lead TODAY to make while showing compassion and grace [email protected]. for YERVOY®, the pioneering cancer a difference in 2020 for challenges in a WFH environment. immunotherapy whose approval set off and beyond. If you Individuals are developing techniques Finally, a special welcome to Dr. Isabelle the current wave of immunotherapy are 70 1/2 or older, a to remain productive and social, Bajeux-Besnainou as she joins our development in Oncology. While despite the battles for bandwidth and community as the 10th Dean of the qualified charitable at BMS, Jim also worked on the uninterrupted home office space. This Tepper School of Business. Her focus distribution from overall IO franchise commercial may be the new normal, but I know on fostering collaborative academic your IRA may be strategy, including the development that there is no better business school and research opportunities across the best way to of communication planning for the to prepare students for these future the university will help to bolster the support innovation groundbreaking immunotherapy challenges than the Tepper School. knowledge our students will need as and ingenuity at the OPDIVO®. Prior to BMS, Jim spent they enter the workforce in Tepper School, while 8 years at Merck working in 4 EVALUATE DONOR- 5 REVIEW YOUR IRA & 401(k ) We continue to build up our library of this new normal. commercial leadership roles with ADVISED FUND ACCOUNTS to ensure your family, also reducing your relevant faculty and alumni webinars. increasing responsibility for the OPTIONS as you may the Tepper School of Business, and your tax obligation. Tepper alumnus DR. AMESH ADALJA On behalf of the Tepper Alumni Board, oncology franchise. ― be able to name the Tepper other favorite charities are appropriately (BSIM 1995) shared lessons learned we encourage you to stay safe and stay School as the remainder noted as beneficiaries. from COVID-19 and future impacts to connected with our Tepper family. beneficiary of your fund. our health systems, Professor Chris Telmer hosted an alumni panel on Rob Rice (MSIA 2000) reopening the U.S. economy, and President, Tepper School Alumni Board Professors Denise Rosseau and Brandy Aven discussed how society and FOR MORE INFORMATION, CONTACT business are adapting to the pandemic. If you missed any of these sessions, visit Mick Koster | [email protected] | 412-268-3047 Jonathan Stern | [email protected] | 412-268-2942 the Tepper website to access the entire Tepper School of Business University Mellon | Carnegie library of webinars. cmu.edu/tepper

36 37 NEW ALUMNI BOARD MEMBERS CHAPTER HIGHLIGHTS, AWARDS, AND ACCOLADES CLASS NOTES CHAPTER HIGHLIGHTS, AWARDS AND ACCOLADES

PRADEEP U.N. (MBA 2003) is Director at Microsoft Corporation and runs Microsoft’s Services Executive Board, a high-touch program that brings together a global group of CEOs and CIOs for collaborative exploration of critical business challenges. Over an 11- year career with Microsoft spread over two stints, he has held a number SCOTT JUBECK (MBA 2008, BSBA 2003) of leadership roles for first generation innovations in collaborative, data, analytics, serves as the Vice President of Product CYANNE DEMCHAK (MBA 2009, MSHCPM entertainment, and AI technologies. at TeleTracking, a health care technology 2009) is a member of Cigna Medical Group’s company with a mission to ensure that leadership team and has over 15 years of Outside Microsoft, Pradeep had a career of more than 10 years founding startups and no patient waits for the health care experience in the health services industry, innovating on transformative experiences like the first dual screen phone (yota), first they need. He has more than 15 years with a focus on Medicare and Medicaid, from STEPHANIE SAPP RIDEAU organization’s stress testing program. apps for Tizen (Samsung), Gear Watch, first luxury smartphone (Vertu), and smart of experience in product development, both a business and policy perspective. LEADS COMCAST IN THE She also led the Cultural Agility Team car experiences for Mercedes & Jaguar. He also has several war stories to share from product management, and marketing. MOUNTAIN WEST REGION AS for IMPACT, BNY Mellon’s multicultural founding startups to bring cinematic storytelling to business, creating movies with AI in At TeleTracking, Scott is responsible for She currently leads the Innovation Hub SENIOR DIRECTOR, BUSINESS business resource group. Previously, under 90 seconds. His corporate adventures have also traversed names like Unisys and growing the existing product portfolio for Cigna Medical Group (CMG), a multi- DEVELOPMENT Stephanie served as an Industry Director Computer Associates. and accelerating growth in new specialty group serving over 100k patients in at Thermo Fisher Scientific, where she product development. Maricopa County, Arizona. She and her team led commercial operations and channel In addition to earning an MBA, Pradeep holds a Bachelor of Engineering in electrical and STEPHANIE SAPP RIDEAU (MBA 2010) is are responsible for ideating, piloting, and delivery. Stephanie also spent eight electronic engineering from the Nanyang Technological University, Singapore. ― the Sr. Director, Business Development Before joining TeleTracking, Scott served executing innovations in the Arizona market for Comcast in the Mountain West years at pharma giant Merck, where she in various leadership roles at LegalSifter, and developing a pathway to scalability to Region. She leads the newly formed progressed from sales representative Industrial Scientific, Thermo Fisher other markets. Additionally, Cyanne leads Business Development organization, to district sales manager, launching two Scientific, and Deloitte. strategic planning for CMG, developing the which is the integration of the Residential novel blockbuster diabetes products and six new indications. BRITTANY In addition to her MBA, Brittany holds a vision of the future of health care delivery, and Comcast Business Market and Scott is a proud dual Tepper School WILLIAMS MITHRA Bachelor of Science degree in chemical in collaboration with her clinical and Business Development teams. In her alumnus, having earned his MBA in Stephanie holds a Bachelor of Science (MBA 2013) is engineering and after graduation worked operational partners. role, she focuses on accelerating growth 2008 with concentrations in Marketing, in Chemical Engineering with a minor in a Sr. Manager in engineering and operations for opportunities for Comcast Business and Communications, and Strategy and a BS BioEngineering from the University of of Supply Chain Williams-Sonoma before expanding her Most recently, Cyanne led Strategic Residential Sales by driving effectiveness in 2003 with a focus in Manufacturing, Pittsburgh, an MBA from Carnegie Mellon and Operations expertise at Tepper with a concentration Planning and Business Development for in network expansion and Management, and Consulting. As an University’s Tepper School of Business, for Amazon. Brittany in operations management. Cigna Seniors, within Cigna’s Government external partnerships. undergrad student, he fought for the glory and a Master of Science in Leadership joined Amazon as part of the Retail Business segment. In this role, she led a of Carnegie as a member of the football from Duquesne University. Stephanie is Leadership Development program after Brittany has been an active member of team responsible for strategic planning In her previous role, Stephanie was and track and field teams. also a graduate of the Coro Pittsburgh’s graduating from Tepper. In her seven the Seattle alumni community for the and business development, including new the Director, Business Operations Women in Leadership program. years at Amazon, she held several roles last seven years, where she has been market and product expansion. In her time at for the Keystone Region. In this role, Scott and his wife Julie reside in Pittsburgh throughout Amazon’s retail business and involved in chapter events, alumni Cigna, Cyanne also held Medicare leadership she managed Sales Operations, Sales and are raising their three children (ages 8, An active community member, Stephanie is currently working to support and grow engagement, and corporate recruiting. positions in the Chicago and Mid-Atlantic/ Support, and Sales Engineering. She 4, and 1) to be proud Tartans one day. ― volunteers with Junior Achievement and the physical stores for Amazon. Brittany also served as co-president Pennsylvania markets. created the Sales Support team for the Strong Women, Strong Girls, and she is an from 2015 to 2019 of the Seattle Tepper Comcast Business SMB sales channel; Executive Member of the United Way of Alumni Board. ― Cyanne splits her time between Nashville and launched Frictionless; which contributed Phoenix, and is enjoying running, hiking, and to the Keystone Region reaching number Pittsburgh’s Women’s Leadership Council. biking in both warm weather locations. She one in the North East Division; and She is a Board Member for Allegheny is an avid Cubs fan and enjoys spending her developed the first-in-class regional Youth Development and the Pittsburgh down-time reading, cooking, and traveling. Keystone Technology Center, which Women’s Alliance. She is in the midst of JACK O’MALLEY (MBA 2007) is a Vice President & Jack joined PNC in 2007 and has been part of the Financial Cyanne is an active member of Oiselle Volée, supports ActiveCore and CB relocating to Denver with her husband Managing Director for PNC Capital Markets within Institutions Group for that entire tenure. Prior to joining PNC, Jack an international running team that supports product demos. and daughter. In her spare time, she the banking vertical of the Financial Institutions had worked as a Senior Internal Wholesaler for Federated Investors women’s rights, equality and girls staying loves to visit wineries, scout new places Group. Jack is a Relationship Manager and for five years. involved in sports. Prior to joining Comcast, Stephanie to travel, and visit cupcake stores around Team Leader for the Mid-South region, which was Director, Risk Capital Adequacy at the nation. ― encompasses seven states across the Midwest Jack earned his Bachelor of Science degree in Accounting from Cyanne is a graduate of Rhodes College, with BNY Mellon, where she was responsible and South. The Financial Institutions Group Boston College in 1999, and his Master of Business Administration a B.A. in Political Science. She also earned an for overseeing the governance, CCAR/ delivers PNC’s capabilities in Capital Markets and from the Tepper School of Business at Carnegie Mellon University MBA from the Tepper School of Business, and DFAST disclosures, and the CCAR Treasury Management to depository institution partners, in December of 2006. He currently serves as a Pittsburgh Chapter a Master of Science in Health Care Policy and Industrialization Project for the and Jack serves as the primary point of client contact. Alumni Volunteer for the Tepper School. Jack also volunteers his time Management from Heinz College, at Carnegie

Tepper School of Business University Mellon | Carnegie as a coach for Pittsburgh Dynamo youth soccer and Etna Youth Deck Mellon University. ― cmu.edu/tepper Hockey. Jack has served as a mentor, most recently with the Holy Family Institute in Pittsburgh, PA. ― 38 39 CLASS NOTES CHAPTER HIGHLIGHTS, AWARDS, AND ACCOLADES CLASS NOTES CHAPTER HIGHLIGHTS, AWARDS AND ACCOLADES

CLASS OF 1954 CLASS OF 1968

AB Alumni Board AL KUEHN (Ph.D. 1958, MSIA 1954) would JEFF KALLIS (BSIM 1968) retired as a full BSIM Bachelor of Science in appreciate a chance to correspond with professor of business from San Jose State Industrial Management classmates from his 1954 class of mostly University in 2018 and is about to retire from PLYMOUTH ROCK ASSURANCE NAMES IWM International Wealth Management World War II and Korean War veterans. Kuehn his civil rights law firm where he represented JEFF BRIGLIA AS PRESIDENT AND CHIEF MBA Master of Business Administration was second-year chemical engineer at Gulf individuals whose constitutional rights had EXECUTIVE OFFICER OF THE PLYMOUTH R&D while studying at CIT when Dean Bach been violated. He now lives with his wife Heide MSCF Master of Science in ROCK MANAGEMENT COMPANY encouraged him to join the Class of 1954 to and two German Shepherds on Bainbridge Computational Finance

CARRIER NAMES AJAY earn a Bachelor of Science. He continued his Island WA, which is about six miles west Plymouth Rock Assurance has named JEFF BRIGLIA (MSIA 2000) as President MSEC Master of Science in AGRAWAL AS CHIEF STRATEGY studies with GSIA, earning a Ph.D. As part of of Seattle. and Chief Executive Officer of the Plymouth Rock Management Company of Electronic Commerce OFFICER AND SVP SERVICES a Ph.D. course taught by Herb Simon, Kuehn New Jersey. In his new role, he oversees Plymouth Rock’s direct-to-consumer MSIA Master of Science in developed a model of marketing behavior that and exclusive agent auto insurance division, based out of its Woodbridge, Industrial Administration AJAY AGRAWAL (MSIA 1998) was named ultimately led to his joining GSIA faculty. He has CLASS OF 1970 New Jersey, office. Jeff joins Plymouth Rock from Metromile Insurance, where Chief Strategy Officer and SVP Services MSQE Master of Science in had an impactful career, designing a marketing he most recently held the dual positions of Chief Insurance Officer and Chief Quantitative Economics for Carrier. He is responsible for defining game used by CIT students from 1960-95 KEN DEROW’S (MSIA 1970, BSIM 1969) book, Operating Officer. He was responsible for overseeing all the core insurance- and executing Carrier’s strategic vision PFE Program for Executives and consulted with GSIA students on the “Take 5: A Transformative Diet Lifestyle in the related functions and worked closely with the technology teams that focused (Executive Education) and priorities and working closely with the computerization of research and development. Era of the Coronavirus” is now available on on delivering digital innovations to customers. business unit presidents to develop and Ph.D. Doctor of Philosophy Through his research and expertise, Kuehn Amazon. At its core is the Take 5 technique that implement a compelling and executable founded Management Science Associates, Inc., can defuse the physical-emotional impulses Prior to Metromile, Jeff worked at Allstate in various executive positions in services and aftermarket strategy. He spoke (MSA) in 1963 with classmates PAT FLANNERY that drive overeating and high-sugar, high- claims and product, most recently as their Senior Vice President of Product W.L. Mellon Society Members to the Tepper Part-Time Online Hybrid (MSIA 1960, BSIM 1958) and JON ZOLER (MSIA calorie snacking. Strategy & Transformation. Prior to Allstate, Jeff spent over 14 years at a tepper.cmu.edu/wlms MBA program as part of their August 2020 1963, BSIM 1962) being hired as its first two Progressive in several leadership roles, including special lines, customer Access Weekend. employees. MSA’s headquarters is located a

relationship management leadership, and product. ― few miles from the Tepper School and has a CLASS OF 1971 Carnegie Mellon College Codes Prior to joining Carrier, he served as long history of using data science to creatively Vice President, Aftermarket Services, A College of Fine Arts solve problems in industries such as steel,

for Collins Aerospace, leading the CS Computer Science pharmaceutical, data, and government. MSA is worldwide commercial and military currently engaging with the cannabis industry in DC Dietrich College of Humanities the U.S. and Canada and analyzing COVID-19 to aftermarket business and customer and Social Sciences

service organizations, including long-term aid in the development of a vaccine. E College of Engineering aftermarket programs, spares, part repairs, asset management, and technical support. Rimmo was formerly Citi’s Regional HNZ H. John Heinz III College (Public Policy & Ajay brings a unique ability to partner CLASS OF 1960 Head of ETF and Index Sales and Information Systems) with customers to find creative business Business Development, Asia Pacific & solutions and has a history of driving Japan. He has also served as Senior S Mellon College of Science STAN ZIONTS (Ph.D. 1966, MSIA 1960) and his results leading to strong, trust-based Relationship Manager for the Markets wife, Terri, sold their second home in Park City, customer relationships. He has extensive business, focusing on Citi’s strategic UT and are now in Boynton Beach, Florida The Board of the Production and Operations experience in developing and implementing partners including hedge fund and full time. Management Society (POMS) has approved the practical business strategies, with traditional asset managers, across SURESH SETHI (Ph.D. 1972, MSIA 1971) Best previous roles in UTC Corporate Strategy. all products. In addition, Rimmo had Interdisciplinary Paper Award. The award will be He joined UTC’s Corporate Strategy and BLACKROCK NAMES RIMMO previously held senior positions in Citi’s CLASS OF 1963 given beginning in 2022 for the best paper by Development team in 2005 and held a JOLLY AS THEIR HEAD OF Prime Finance Group in Hong Kong and the following departments: Industry Studies & variety of roles of increasing responsibility i SHARES ASIA PACIFIC San Francisco. Prior to that, he worked CYRUS FREIDHEIM (MSIA 1963) began a new Public Policy, POM-Accounting Interface, POM- at the UTC corporate office, Hamilton for Deutsche Bank’s Equity Structured career at 80 as an author. He has written three Economics Interface, POM-Finance Interface, BlackRock named RIMMO JOLLY Sundstrand, Pratt & Whitney, and UTC Products Group, where he was involved books: “Notes from Grampa — The story of my POM-Marketing Interface, POM Forum, and (MSIA 1995) as their Head of iShares Aerospace Systems. Prior to joining UTC, in the delivery of solutions for hedge life and career with the lessons I learned along POM Practice. Suresh was also awarded the Asia Pacific. Based in Hong Kong, he he worked with Bain & Company, a leading funds, pensions, and endowments. the way,” “Commit&Deliver — From the Front 2020 Sushil K Gupta POMS Distinguished is responsible for growing iShares ETF consulting firm, in positions of increasing Rimmo is also a Tepper School Alumni Lines of Management Consulting,” and “The Star Service Award. The award carries a prize money, market share and driving ETF adoptions responsibility from 1998 to 2005. Board Ambassador and received the of Africa — Operation Wildcat.” a lifetime POMS membership, and a plaque. among investors in the region. He will 2016 Tepper Alumni Service Award. ― In addition to his MBA, Ajay holds a work closely with their regional and JON ZOLER (MSIA 1963, BSIM 1962) has written doctorate in engineering from the global iShares network in creating a book The Art of the Car Mascot. It contains University of Missouri. ― innovative local product offerings and descriptions and photos of 150 American, facilitate ETF ecosystem enhancements British and European car mascots and hood

Tepper School of Business University Mellon | Carnegie across the region. ornaments from the 1920s and 1930s. Jon took cmu.edu/tepper the photos, and the mascots came from 40 his collection. 41 CLASS NOTES CHAPTER HIGHLIGHTS, AWARDS AND ACCOLADES

CLASS OF 1974 ED MOTTER (BSIM 1977) is a member of the CLASS OF 1986 This summer JEN SHERER JANISCH (BSIM 1992) CLASS OF 1993 CAPRICE THORSEN (MSIA 1994) recently Saratoga Springs consortium which owns moved to trade the rush-rush of Silicon Valley published a book, “Instead of Schooling: MARTIN COHN (MSIA 1974) is living with his the racehorse Tiz The Law. After winning the PAUL WELLENER (MSIA 1986) was elected to for the slower pace of a small mountain town, RAHEL ROSNER (MSIA 1993) created a startup Educating for Creativity, Resilience, & wife, Lorraine, in Wilmington, Delaware, and Belmont Stakes back in the spring, Tiz The Law the Deloitte Foundation Board of Directors. but between being evacuated for a major forest company, Pandemic Analytics LLC., with her son Happiness.” The book invites parents and they are now retired. finished second in the rescheduled Kentucky The primary role of a Foundation Director is fire and temporarily closing the small shop she to help schools across the country and abroad educators to create a living educational Derby on Sept. 5. Racehorses are highly risky to provide input and make decisions regarding opened with her mom due to shelter-in-place, figure out safe physical distancing in any network that evolves human consciousness and ELAINE MITTLEMAN (MSIA 1974) recently wrote investments, but the second-place purse at the Foundation’s investments in education in it’s been anything but relaxing. She’s hoping size room. unleashes the wisdom and creativity of young an opinion piece for the Evansville Courier & Churchill Downs was a tidy $600,000. alignment with Foundation strategy as well others are finding ways to thrive in spite of the people to innovate in an increasingly Press discussing the appeals court ruling in as serve as an advocate for the Foundation’s pandemic and all the other tumultuous things AJMAL NOORANI (MSIA 1993) was promoted to complex world. Boston about the death penalty in the Boston mission. Additionally, Paul was appointed to going on in the world. senior vice president at Cognizant Technology Marathon bombing case. One of the landmark CLASS OF 1979 the Manufacturers Alliance for Productivity and Solutions (Nasdaq: CTSH), a Fortune 200 cases about pretrial publicity is from the Innovation (MAPI) Foundation’s Advisory Board. company headquartered in New Jersey. CLASS OF 1997 Evansville, Indiana, area, and there is a 1961 MAX BAZERMAN (Ph.D. 1979) just published Supreme Court opinion about that case. It was “Better, Not Perfect: A Realist’s Guide to VICKI (MARKS) MORGENSTEIN (MSIA 1986) In addition to owning Senior Helpers Boston KUSHAGRA NAYAN BAJAJ (BSIM 1997) fascinating to compare the cases. Maximum Sustainable Goodness.” joined Prudential Financial as Technology and South Shore, a leading private duty home has completed 23 eventful years of being a Strategy and Transformation Executive. Vicki care agency, MARK FRIEDMAN (MSIA 1993) Tepper alumnus, and 21 years of marriage to continues to live in Manhattan with her joined Assured Allies, a data analytics and Vasavadatta. His 13-year-old son, Vishwarupe, CLASS OF 1976 CLASS OF 1980 16-year- old boy/girl twins and their two cats. longevity management company serving the has been selected to play junior nationals in long-term care industry as VP of services and horse riding polo. His 18-year-old daughter, KEITH CORNELL (MSIA 1980) entered lockdown operations. In March, Mark published his first Anandamayi, is applying to universities in the in the UK on March 23. On the personal side, all CLASS OF 1987 book, “A Guide to Excellent (and Successful) U.S. to pursue economics and mathematics for is wonderful. His wine consumption has been Aging.” The book is a guide for family caregivers undergrad. His elder son, Yugadikrit, is 16 up, but his weight has been able to go down GARY SENDER (MSIA 1987) joined the Board and professionals based on 11 years of work in and will be following in his sister’s slightly. On the professional side, he just re- of Directors of Schrodinger (NASDAQ:SDGR) Help a the industry. Mark lives in Boston with his wife, footsteps soon. commenced his search for another turnaround/ and Harmony BioSciences (NASDAQ:HRMY). He Carolyn, and two adult children, Lee and Dora. transformational CEO job. In the meantime, chairs both company’s audit committees and colleague Keith remains working with BySide in Portugal Schrodinger’s compensation committee. CLASS OF 1999 as Chairman. take their CLASS OF 1994 RENATO CESAR DE ALVARENGA FILHO’S CLASS OF 1989 first step KEVIN BOYLE (BSIM 1994) has been promoted (MSIA 1999) twins, Tito and Caio, were born in MANUEL AMAYA (MSIA 1976) and his entire CLASS OF 1982 to Chief Executive Officer of Kuur Therapeutics. February 2020, doubling the size of the family have been able to weather the pandemic DAVID BYRD (MSIA 1989) has published toward a Kuur is a clinical-stage immunotherapy Renato family. by working from home and following the CDC SHANTHA MOHAN (Ph.D. 1985, MSIA 1982) was a new book. “Get Your Truth Back” is an company researching novel cancer cures. guidelines. They took a vacation to Lake Tahoe chosen as a Distinguished Alumnus 2020 by the interactive digital workbook designed to Tepper MBA. where they enjoyed the beautiful scenery, fresh alumni association of her undergraduate alma help you create a system for change. It is lake water, hiking, and delicious food. Manuel mater, College of Engineering, Guindy, India. written in an invitational, conversation style has been working from home since March and This year, she also became a Distinguished utilizing challenging, engaging, and compelling expects to continue doing so until the end of the Toastmaster (DTM). This required 40+ speeches questions to understand your story, position year. Manuel and his wife consider themselves and leadership activities. She continues to the problem in the foreground, and then show Enter the lucky to be living in San Diego and being close to be involved in CMU through the Integrated you how to overcome it. their three children and six grandchildren. Innovation Institute’s Silicon Valley campus as a Tartan code mentor and project guide. RAFAM2021 CLASS OF 1991 CLASS OF 1977 at the website CLASS OF 1984 PETER PAPAGIANAKIS (BSIM 1991), a business ALBERT IP (MSIA 1977) was appointed transactions attorney, represented Benefit below to have Independent Nonexecutive Director and After calculating a Net Present Value, LOUISA Concepts Systems, Inc. in connection with its Audit Committee Chairman of Hutchison WUNDER (MSIA 1984) and her husband moved acquisition by a private-equity-owned portfolio the $200 Telecommunications Hong Kong. to Oxford, Maryland, from New York. Travel company, Blue Ridge ESOP Associates. costs to their kids swayed the decision beyond application After 38 years with IBM, BOB LENARD (BSIM taxes and utilities. They are comfortable. 1977) has spent the last three years enjoying the CLASS OF 1992 fee waived. miracle of biotechnology with both knee and hip replacements. Now, he is diligently facing the RICHARD MCINTYRE (MSIA 1992) recently challenge of lowering his golf handicap! He is formed a group to buy operating businesses tepper.cmu.edu/referafriend Tepper School of Business University Mellon | Carnegie enjoying retirement in Mooresville, NC. out of bankruptcy. They just acquired home cmu.edu/tepper health and durable medical equipment 42 companies and are looking for 43 new opportunities. CLASS NOTES CHAPTER HIGHLIGHTS, AWARDS AND ACCOLADES CLASS NOTES CHAPTER HIGHLIGHTS, AWARDS AND ACCOLADES

AMIT JAIPURIA (BSIM 1999) launched his CLASS OF 2002 JONATHAN LEVINE (MBA 2005) will be startup Postcard — Travel Bucket Lists. You can continuing at Marriott International as Senior collect postcards from travel experts and build ISRAEL WEISSER (MBA 2002) attended a Director on the data strategy and management bucket lists. Tepper Latin American Business Club 2002 team, with a focus on customer, loyalty, alumni virtual reunion on July 12. It was great marketing, co-brand, and partner data. He looks Tepper AlumniHub to see everyone, spread across eight different forward to continuing to execute their data countries, share updates, and remember strategy, build out their Modern Data Platform, NEW LOOK, NEW FEATURES, SAME POWERFUL ALUMNI NETWORK old times. There were a few surprise video and explore opportunities for data sharing and appearances from professors and staff. improved customer experience. The exclusive online community for Tepper alumni, the AlumniHub, has been upgraded and redesigned, and relaunched with more features to enhance your alumni experience than ever before, bringing in the resources CLASS OF 2003 GREG SHUMAVON (MBA 2005) and family of the broad Carnegie Mellon University alumni community to strengthen your Tepper alumni network. relocated to Erlangen, Germany, in search of OmniCyte, a company founded by PETER new trails. LEONARDI, Ph.D. (MBA 2003), is making a vaccine to prevent COVID-19, which promises Benjamin March Wong was born to ANDREW to be safer and more effective than current CLASS OF 2006 WONG (MSIA 1999) and Sharon Wong on August vaccine candidates. The company is advised by 12, 2020. He joins twin siblings Sabrina May and Jeffrey Meckler (MSIA 1990, BSIM 1989). WILBUR BRIONES (MBA 2006) and family Daniel August, who offer him daily hugs celebrated the birth of their second child, and kisses. Michael, in June. Wilbur, his wife, Liz, and big Log in with CLASS OF 2004 brother Matthew (age 7) could not be prouder! your AndrewID, email, or social CLASS OF 2000 PALAK JAIN (MBA 2004) started a new job media profile to: as Global Head of Revenue Strategy and CLASS OF 2007 ERIC STRAFEL (MSIA 2000) launched SUMMi7, Operations at Amazon Advertising. > Network within the comprising seven methodologies to educate GENE NATALI (MBA 2007) is co-founder and new Tepper alumni business leaders and entrepreneurs on MEG (ROTHEY) BEROL (BSBA 2004) has recently CEO of Troutwood, a financial technology directory and developing purpose-driven, sustainable started a new role as a Senior Manager in the company based in Pittsburgh. Founded in 2019 customizable personal pages. businesses. The program is designed to be Project Management Office at PlayStation, out of Carnegie Mellon University’s Swartz delivered as an on-demand course dedicated to based in the San Francisco office. Center for Entrepreneurship, the company > Read up on the building an inclusive ecosystem that improves designs and develops financial planning latest news and lives and enriches teams by promoting applications and educational tools. The release happenings from the authentic leadership. Also, Eric will release his CLASS OF 2005 of Gene’s second book, “The Missing Second Tepper School. first book, tentatively named “The Frontline Semester,” will accompany the launch of > Find out about the CEO,” detailing how collaborative leadership Troutwood’s flagship financial next alumni event in enables companies to reach higher peaks while planning application. your area. increasing work-life harmony. CHRISTOPHER RUSCITTI (MBA 2007) recently returned to PNC Bank as Senior Vice President, CLASS OF 2001 Solutions Advisor within their Corporate & Institutional Banking – Treasury Management PAMELA BARNHILL (MBA 2001) joined Unified area. Chris loves being able to consult with Safe Guard LLC. as a principal to provide FDA clients and prospects while bringing solutions to > Join groups to keep up with classmates products to combat the spread and contraction their business challenges. and friends in your area and across of COVID-19. She also published “Hello, Health LOURDES GARCIA-CALDERON (BSBA 2005) and the globe. — Navigating and Winning Better Cognitive and her husband, Brian Quinn, welcomed their baby JOSEPH ARMAH’S (MBA 2007) daughters are > Connect with the Masters Career Center Immune Function: A Guidebook for Saving 21st boy, Callen Marcus Quinn, on June 5, 2020. in fourth and first grade and are undertaking for tips on resumes, networking, Century Families,” now available on Audible. distance learning. His wife has been focused on interviewing, and more. DEVANG MEHTA (MBA 2005) is now a Partner delivering medical care to her patients through HIDENORI “HARRY” HAYASHI (MBA 2001) is at Anthill Ventures and founding member at telemedicine. Joseph has been growing his still working for Itochu, a Japanese international Lumos Health Advisory. He invests in and helps financial services practice. If there is one thing trading firm. He just returned to Tokyo, Japan, scale early stage companies in health care with that he gained from the COVID experience, after two years in Singapore. a focus on oncology and adjacencies. it is the value of family. He is grateful for the opportunity to service his clients from home

Tepper School of Business University Mellon | Carnegie and to watch his kids grow. ALUMNIHUB.TEPPER.CMU.EDU cmu.edu/tepper

44 45 CLASS NOTES CHAPTER HIGHLIGHTS, AWARDS AND ACCOLADES

CLASS OF 2010 CLASS OF 2012 As Chief Marketing Officer, KEITH CHANEY CLASS OF 2015 HALLIE MORRIS (MBA 2017) and Drew Morris CLASS OF 2018 (MBA 2013) is excited to announce the launch are moving to Massachusetts. DR. CANAN GUNES CORLU (Ph.D. 2010, MICHAEL MORGAN (MBA 2012) recently of Quartz Water Source, a company committed CHITRA RAJAGOPALAN (MBA 2015) started BOBBY KANIA (MBA 2018) married Jen MSIA 2008) has been promoted to Associate transitioned from an individual contributor role to expanding global access to clean water. a new job as a senior brand manager on Throughout the coronavirus pandemic, Breeze in a small ceremony on June 6, 2020. Professor at Metropolitan College, Boston to a people manager role within Amazon. This Founded by natives of Flint, Michigan, and Columbus Craft Meats with Hormel. AEDAN MARTY’S (BSBA 2017) subscription University. Her research focuses on the is his first position as a people manager, and he inspired by the ongoing water crisis, they rideshare service RubyRide, headquartered in development of business system simulations is excited to pursue this as the next step in his are committed to ensuring that clean water Pittsburgh, has been working with the Greater to support data-driven decision-making career progression. In three years at Amazon, is a right, not a privilege. Through their CLASS OF 2016 Pittsburgh Community Food Bank and 412 under uncertainty with applications in he has had the opportunity to work in Canada partnership with WaterGen, Quartz offers Food Rescue to use our drivers for contactless operations management. Retail, AWS, and Amazon Business. He looks the best Atmospheric Water Generation In August 2020, JOEL SUEN (MBA 2016) founded home deliveries of food resources to vulnerable forward to returning to AWS for this new role. (AWG) technology on the market, generating Allegheny Direct Logistics, a final-mile package residents. Following a suspension of passenger STUTI SUREKA (MBA 2010) was promoted to unprecedented, high quality water for those delivery company for Amazon. services earlier this year due to the pandemic, Director of Cloud and Technology Alliances at GEMMA AND STEFANO GRIDELLI (MBA 2012) who need it most. RubyRide has resumed operations and is set to TIBCO Software, INC. got married at Aspinwall Marina on Sept. 5 with close a seed stage round of funding by the end a few friends and family and many others CLASS OF 2017 of 2020. PAWAN KAPOOR (MBA 2010) is excited to on Zoom. be admitted to a Partnership at Deloitte YANG LIANG (MBA 2017) recently switched Consulting, LLP. roles at Google and is now a product marketing manager for cloud artificial intelligence and CHRISTINE MOONEY (MBA 2010) has been machine learning solutions. Yang’s new job is TOM GAFFNEY (MBA 2018) and Dana Haymon named Vice President of Procurement for to build world-class marketing that inspires (MBA 2018) got engaged in New York City on Arconic Corporation. Arconic is a leading customers and drives awareness of Google March 7, 2020. They are planning for their provider of aluminum sheet, plate, and Cloud’s AI/ML solutions. wedding to be held in Washington, D.C. extrusions, as well as innovative architectural products, that advance the automotive, aerospace, commercial transportation, ROSS WOODWORTH (MDP 2013) is head of industrial, and building and SAMEER KARIM (MBA 2012) and Mahwesh play at Studio Koh, a Stealth startup in the construction markets. Hansraj were married in San Diego, California. telepresence space. He is also still working at WE CAN Fellow Tepper 2012 alumni who came to Applifting, a software studio, in Prague, celebrate were SHAUN ALI (MBA 2012), UMAR Czech Republic. MAKE CLASS OF 2011 CHAUDHARY (MBA 2012), JENNY MINOTT (MBA 2012), ADELINE DOUGHERTY (MBA SOM SREEDHAR (MSIA 2013) joined Amazon in A BOLD FUTURE SALLY JACQUEMIN (MBA 2011) was promoted 2012), BABAK BAFANDEH (MBA 2012), BONNIE June and is excited to lead the launch of a new to Associate Vice President of the distribution MAJUMDAR (MBA 2012), MICHAEL MUELLER delivery station (DAU7) in Round Rock, Texas. and smart grid business unit at Open Systems (MBA 2012), JIM HODGSON (MBA 2012), ANOOP International. Sally is responsible for strategic SHAH (MBA 2012), ADAM SCHARNKE (MBA POSSIBLE initiatives, sales growth, and product strategy 2012), and JESSE ALLEYNE (MBA 2012). Sameer CLASS OF 2014 for OSI’s operational technology software and Mahwesh currently reside in San Francisco solutions serving electric distribution and are expecting baby girl Karim in early 2021! MADISON WARNER (BSBA 2014) accepted a utilities worldwide. role as Manager of Energy Solutions at Lucido Group, a specialist solution provider, serving together. MICHAEL SRIPRASERT (MBA 2011) became CLASS OF 2013 capital markets and energy participants, president of the Pittsburgh History & primarily using Allegro’s ETRM trading system Landmarks Foundation. AMY K. (JANOCSKO) BODLE (MBA 2013) was and Openlink Findur. promoted to Manager of Nuclear Financial JONATHAN ZACHARIAS (MBA 2011) is now Planning & Analysis at Exelon, with a focus After five years in the Delivering Deal Value VP of RV Strategy at Sun Communities, on valuation of Exelon’s nuclear plants and (M&A) team at PricewaterhouseCoopers, overseeing strategy for about 150 RV resorts strategic initiatives. Amy relocated to Exelon’s PRASHANTH NATARAJ (MBA 2015) joined and campgrounds across the U.S. and Canada. Nuclear Headquarters outside of Chicago, Facebook’s corporate strategy team and moved He, Erinn, and Isabella moved to Birmingham, Illinois, for the role and now resides with her to the Bay Area. At Facebook, Prashanth works Michigan, and can almost see Canada husband, Brian, in Naperville, Illinois. on the broader go-to-market strategy with a from there. special focus on Emerging Markets, such MAKEPOSSIBLE.CMU.EDU/TEPPER as India. For more information on the Tepper School priorities, please contact Jonathan Stern at [email protected] or 412-268-2942. Tepper School of Business University Mellon | Carnegie cmu.edu/tepper

46 47 CLASS NOTES CHAPTER HIGHLIGHTS, AWARDS AND ACCOLADES IN MEMORIUM welcome to As of Aug. 27, 2020, KeelBoat Capital acquired ERIC POGUE (MBA 2020) is excited to have KENNETH LAMBERT (MSIA 1983) JDXpert by HRTMS. JDXpert is a SaaS platform begun working at Jefferies as an investment Kenneth Lambert, of Apex, North uniquely aimed at helping HR more effectively banking associate. He hopes to continue to Carolina, and formerly of Miami, Florida, write, approve, store, and update job build the Tepper/Jefferies IB pipeline. died Tuesday, Sept. 29 in Durham, North descriptions. ANDREW ELLERHORST (MBA Carolina. He was 59. PITTSBURGH 2018) is humbled, honored, and excited to take This summer, Michelle Madlansacay, a on the role of President & CEO of the business CMU alumna from Dietrich, and HARSHINI Kenneth was born July 3, 1961 in Miami, there' s something happening in pittsburgh! and looks forward to the company’s continued MALLI (BSBA 2020) launched PassionNet, Florida. He was a graduate of LaSalle growth and success. an organization that they hope will grow to High School in Miami, Florida; received become a network of virtual clubs that can help a Master of Science in Industrial young students discover their passions and Administration from Carnegie Mellon; CLASS OF 2019 motivations to learn. By offering a variety of and continued his studies, receiving clubs to explore, they hope that students can degrees from the California Institute of PITTSBURGH ANDREW WOODWARD (MBA 2019) started learn more about academic and Technology and Pepperdine University. $141M Annual computer & LinkedIn names Pittsburgh Fast Company named a new role as a Principal Financial Analyst at career opportunities. information science R&D. the 7th best city to launch Pittsburgh International Airport as Raytheon Technologies. He was a recognized leader of technology 3rd highest in the U.S. your career. one of the most innovative in the field of software development, companies in the world. working with various organizations throughout his career — most notably, Jet Propulsion Laboratory, Cisco, Sensus, SevOne, and Unitas Global. Kenneth was a devoted husband, son, father, and brother who will be dearly remembered by his family and friends for The Economist ranks Pittsburgh BBC Good Food named Pittsburgh UPMC Children’s Hospital of his extraordinary intelligence, diligence, 3rd most livable city in the to its 2019 list of top destinations Pittsburgh ranked No. 9 on the generosity, and steadfast loyalty. Continental U.S. for foodies — the only American 2020-21 U.S. News & World Report. city to make the cut.

REMI POPOOLA (MBA 2019) celebrated the APURVA BIRALA (MSPM 2020) is interning with ANGEL HOLLIS VACCARO (MBA 2004) birth of a son, Elijah Okubanjo, on July 7, 2020, Acronis as a product management intern this Angel Hollis Vaccaro passed away on Oct. weighing 7 pounds, 7 ounces. summer. Apurva is grateful to have the Tepper 9, 2020, after a short illness surrounded community experiences and learnings to carry by family at home. Angel was 44 and on this new journey. Heartfelt congratulations is survived by husband and People for Bikes, one of the nation’s TripAdvisor’s readers rated WalletHub says Pittsburgh CLASS OF 2020 to the Class of 2020 at Tepper. classmate Damon. leading organizations dedicated to Pittsburgh’s view from is the 5th best city for making bicycling safer, named Mt. Washington as one of the STEM professionals. Pittsburgh among the top 20 cities most Instagram-worthy views KARTIK JOSHI (MBA 2020) joined Amazon She graduated from Virginia Tech in the United States for people on in the nation. Pathways as an Operations Manager. (Bachelor of Science in Business/ bicycles. Go green! Psychology) before attending the Tepper JEFFREY DEBOER (MBA 2020) started a role as a School, where she was a passionate global business manager at Wipro this August. student leader. Angel excelled in her It will allow him to gain consulting, sales, and career in Digital Marketing Consulting product management experience, all of which at Deloitte for 22 years, achieving Tepper has prepared him well to excel in! He Partnership in 2011, an impressive hopes everyone reading this is doing well. accomplishment at her age. She also served as a board member for Kid Power, Two years ago, four core team members, where she promoted the importance of including SUMMER XIA (MBA 2020), met youth education. at the Lean Entrepreneurship class at CMU Tepper School of Business and decided to Angel embraced every challenge with build LittleMoochi, an AI-powered digital pet resilience, creativity, collaboration, and to encourage children to eat healthy food. Two joy while never missing an opportunity years later, they all graduated from Tepper and to celebrate. She will forever be are still working on LittleMoochi! This summer remembered by her family, friends, and they are very excited to announce that they clients for her intensity in everything that Tepper School of Business University Mellon | Carnegie launched LittleMoochi V2.0 with more features she set out to accomplish. for kids and parents! 48 Tepper School of Business William Larimer Mellon, Founder

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