Fall06_Cover 1/2/07 2:53 PM Page 5 SimonFall 2006 BUSINESS SIMON GRADUATE SCHOOL OF BUSINESS • UNIVERSITY OF ROCHESTER

Simon at 20 His Sons Envision Its Future

Also Inside: Simon Rises in the Rankings • First Simon School Credo • E.M.B.A. Program Turns 40 • New F.A.Ct.-Based Curriculum • 2005–2006 Report on Giving Fall06_Cover 1/2/07 2:52 PM Page 2

Simon Spirit Shines

Simon students in the Class of 2007 showed their enthusiasm during a recent photo shoot for a forthcoming BusinessWeek online article about B-school spirit. Top photo shows (from left) Dan Baker, Andrew Chang, Ghazaleh Kermaani, Rob Bircher, Lauren Galletta, Raymond Wilcox, Benita Kapadia literally supporting Dean Mark Zupan. Bottom left photo (from left) Ghazaleh Kermaani and Andrew Chang, with unnamed friend. Bottom right photo (above) Rob Bircher and (below) Raymond Wilcox, with friends. Fall06 1/2/07 2:49 PM Page 1

Fall 2006

03 Upfront 04 • Recent Rankings •Wanted: Simon Early Leaders™ • Simon Launches New General Management Master’s • Simon Receives Major Gift for Scholarship Support • Simon Enters the Online Blogosphere •Lessons in Leadership 03 • Simon School Appointments and Promotions 10 Research Leadership Highlights • Coordination in Medical Office Practices —by Sally Parker • Simon in Top 10 for Frequency of Downloaded Research • New Faculty Join the Simon School 16

12 E.M.B.A. Program 40th Anniversary The Simon School’s Executive M.B.A. Program marks 40 years of excellence. —by Kathryn Quinn Thomas 16 I Solemnly Swear . . . Simon becomes one of the first top-tier business schools to institute a student-authored credo.

18 A Matter of F.A.Ct. New curricular approach at Simon emphasizes how to solve complex business problems. —by Kathryn Quinn Thomas 19 Cover Story Simon at 20: His Sons Envision Its Future As the Simon School celebrates the 20th anniversary of the School’s naming for William E. Simon, 19 his sons reflect on their father, his legacy and the School that bears his name. —by Hilary Appelman 27 2005–2006 Report on Giving 27 •Class Lists • Matching Gift Corporations • Corporate and Foundation Support

36 Alumni News • Dean’s Corner •Alumni Gatherings • Mergers and Acquisitions • Class Notes • Alumni Leader Profiles: Gary P. Johnson ’83, John MacDonald ’86, Gail Evans ’94,* Stefan Bodenstab ’01* and Cory Fasold ’05 and Lyndie Siff ’05 N E BUSINESS Fall 2006 L SIMON On the cover: O U T E William E. Simon Jr. (at left) and J. Peter Simon, in the Seward Room in V R 01 Rush Rhees Library on the University of Rochester River Campus. 39 Simon Admissions Is Coming to You Fall06 1/2/07 2:49 PM Page 2

Dean Mark Zupan Executive Advisory Committee Robert O. Hudson, M.B.A. ’80* Charles R. Hughes, M.B.A. ’70 Admissions and Financial Aid J. Peter Simon, Chairman Rene F. Jones, M.B.A. ’92 Gregory V. MacDonald Vineet Kapur, M.B.A. ’99 Executive Director of M.B.A. Admissions and Mark S. Ain, M.B.A. ’67 David T. Kearns, B.A. ’52 Administration John W. Anderson, M.B.A. ’80 Robert J. Keegan, M.B.A. ’72 Matthew S. Aroesty, M.B.A. ’90 John M. Kelly Alumni Relations and Development Ajay Asija, M.B.A. ’96 Dennis Kessler John-Paul Roczniak Neil A. Augustine, B.A. ’88, M.B.A. ’89 Ronald B. Knight, M.B.A. ’61 Executive Director of Alumni Relations and Michael J. Behrman, M.B.A. ’92 Robert B. Koegel Development Joseph M. Bell Evans Y. Lam, B.A. ’83, M.B.A. ’84 Daniel G. Lazarek, M.B.A. ’91 Career Management Center Jay S. Benet, M.B.A. ’76 Taj S. Bindra, M.B.A. ’86 Rohtash Mal Patricia Phillips Paul A. Brands, M.B.A. ’66 Jeff E. Margolis, M.B.A. ’78 Executive Director of Career Management Steven P. Brigham, M.B.A. ’99* Donna L. Matheson, M.B.A. ’79 Brad Mills Executive M.B.A. Programs David J. Burns, M.B.A. ’78 Andrew M. Carter Carlos P. Naudon, M.B.A. ’74 George J. Andrews III ’03* Steffen W. Parratt, B.S. ’85, M.B.A. ’87 Executive Director of E.M.B.A. Programs Eduardo Centola, M.B.A. ’93 Kevin P. Collins, M.B.A. ’82 James Piereson External Relations and M.B.A. Donald L. (Skip) Conover, M.B.A. ’79* David Reh, M.B.A. ’67 Robert E. Rich Jr., M.B.A. ’69* Administration W. Michael Corkran, M.B.A. ’77 José J. Coronas, M.B.A. ’75* Efrain Rivera, M.B.A. ’89 Hollis S. Budd Stephen E. Rogers, M.B.A. ’90 Associate Dean for External Relations and Clifford J. Corrall, M.B.A. ’87 Richard G. Couch, M.B.A. ’79* Michael P. Ryan, B.S. ’81, M.B.A. ’84 M.B.A. Administration Frank G. Creamer Jr., M.B.A. ’70 William D. Ryan, B.A. ’49 Faculty and Research Carol A. (John) Davidson, M.B.A. ’88 Richard Sands John L. (Jack) Davies, M.B.A. ’73 Leonard Schutzman, M.B.A. ’69 Ronald W. Hansen Joel Seligman (ex officio) Senior Associate Dean for Faculty and Research Harindra de Silva, M.B.A. ’84 Joseph G. Doody, M.B.A. ’75 George J. Sella Jr. Information Technologies Christopher T. Dunstan, B.S. ’77, M.B.A. ’81 William E. Simon Jr., Esq. Patrick S. Miller Ronald H. Fielding, M.B.A. ’76 Gregg M. Steinberg Executive Director of Information Technologies Barry W. Florescue, B.S. ’66 Joel M. Stern Philip G. Fraher, M.B.A. ’93 Michael C. Stone, M.B.A. ’95* Marketing and Communications Roger B. Friedlander, B.S. ’56 Amy Leenhouts Tait, M.B.A. ’85* Dawn S. McWilliams W. Barry Gilbert, M.B.A. ’82 Andrew J. Thomas, M.B.A. ’91 Executive Director of Marketing and James S. Gleason, M.B.A. ’68* Jon Van Duyne, M.B.A. ’85 Communications Robert B. Goergen, B.A. ’60 Kathy N. Waller, M.B.A. ’83 Bruce M. Greenwald, M.B.A. ’69 Ralph R. Whitney Jr., M.B.A. ’73* M.B.A. Programs Mark B. Grier, M.B.A. ’80 Janice M. Willett, M.B.A. ’78 Steven S. Posavac Janet Hanson Joseph T. Willett, M.B.A. ’75 Associate Dean for M.B.A. Programs Jeff Hanson Timothy W. Williams, M.B.A. ’86* Joseph Honick Ph.D. Program Rajiv M. Dewan Chairman, Ph.D. Program

Editor www.simon.rochester.edu Charla Stevens Kucko Contributing Writers Hilary Appelman, Gregory V. MacDonald, Sally Parker, Andreas Schwander, Kathryn Quinn Thomas Art Director/Designer Geri McCormick Production Manager John M. Robortella SIMONBUSINESS, Vol. 20, No. 3 © 2006. ISSN 1077-5323 Copy Editors Published three times per year by the University of Rochester, William E. Ceil Goldman, Dawn S. McWilliams Simon Graduate School of Business Administration, Carol G. Simon Hall, Box 270100, Rochester, New York 14627-0100. Photography Annette Dragon, John Smillie Office of Marketing and Communications: (585) 275-3736 (phone), (585) 275-9331 (fax), [email protected].

Simon Alumni News Postmaster: Send address changes to the William E. Simon Graduate School of Business Administration, Carol G. Simon Hall, Box 270100, University of Contributing Writers Rochester, Rochester, New York 14627-0100. Shelly Jansen, Joy Underhill

BUSINESS Fall 2006 © 2006 William E. Simon Graduate School of Business Administration, University of Rochester SIMON

02 *Executive M.B.A. graduate Fall06 1/2/07 2:50 PM Page 3

WILLIAM E. SIMON GRADUATE SCHOOL OF BUSINESS ADMINISTRATION

UPFRONT Recent Rankings

During an online Webcast counting down with more targeted corporate relations ef- the nation’s top business schools on forts to effectively match our students with October 12, 2006, BusinessWeek editors the corporations that recruit at the Simon cited Simon as one of the ranked schools School, has contributed to our rise in The whose graduates recouped their investment Wall Street Journal/Harris Interactive rank- in M.B.A. education in five years or less, ing,” says Zupan. ahead of several of the highest ranked busi- Simon is tied for ness schools in the survey. 26th with the University of Toronto’s Rotman School of Management among Simon is 6th on the regional list of 51 of the world’s top 50 the nation’s top business schools in an an- business schools for nual survey published in the September 20, Mexican managers in 2006, issue of The Wall Street Journal, up an inaugural survey, from 17th last year. “The Best Global The Wall Street Journal/Harris Interactive M.B.A.’s 2006,” by 2006 “Business School Year 6” survey ranks Expansión magazine. In the Simon School 7th in both accounting its August 23, 2006, and finance, and 8th in the ranking by in- issue, Expansión ranked the Simon School The Simon School is again ranked among dustry for financial services among all of 19th among U.S. business schools. the best business schools in the world in re- the 264 surveyed business schools. In addi- Stanford University’s Graduate School of cent national and international rankings. tion, the Simon School is featured promi- Business tops the global list. Simon is ranked 28th among the nation’s nently in a sidebar article, “Is Less The survey of managers from 105 of top 30 graduate business schools by Enough?,” about its specialized master’s Mexico’s Expansión 500 largest companies BusinessWeek magazine in its “Best Business programs in Accountancy, Marketing, measures the market value and educational Schools of 2006” ranking in the October Medical Management, and new this year, experience for a Mexican manager of a full- 23, 2006, issue. The Simon School ranked General Management (see p. 5). time M.B.A. in a foreign business school. 29th in 2004 in the biennial survey. The published rankings are based on a Market value is determined by the aca- Graduates and corporate recruiters who survey of 4,125 corporate recruiters regard- demic quality of schools’ average G.M.A.T. were surveyed gave the Simon School high ing 185 leading U.S. business schools and scores and rankings of publications by busi- marks in the ranking’s three main cate- 79 non-U.S. schools. Three categories (na- ness school faculty members by the gories: student satisfaction (45 percent of tional, regional and international) are used Financial Times of London, as well as by re- the overall ranking), recruiter satisfaction by The Wall Street Journal/Harris turn on global investment based on schools’ (45 percent of the overall ranking) and in- Interactive to rank the schools. In all, 85 immediate post-M.B.A. salary levels. Other tellectual capital (10 percent of the overall schools were featured (19 in the national criteria include the experience factor based ranking). The Simon School earned “A’s” category, 51 in the regional category and on the percentage of foreign students in the from corporate recruiters for the quality of 24 in the international category). The fac- full-time M.B.A. program as well as the students’ communication, teamwork and tors that distinguish national from regional number of countries those students repre- analytic skills, and graduates gave Simon an categories are recruiting reach as well as sent; and perceived value in the Mexican “A” for teaching quality. overall student enrollment. All but one of market reflected by the opinions of top “We can take just pride in this recogni- the national schools had at least 400 full- Mexican headhunters and human relations tion of our teaching quality and our recent time students. directors surveyed in Expansión’s “500 Most efforts to match corporate recruiters with Overall, the survey found that the top Important Companies in Mexico.” the best possible candidates for their posi- five attributes (of 21 total) recruiters valued “Moving forward, our long-run tions,” says Simon School Dean Mark most in M.B.A. students were: 1) commu- objective is to play at the highest levels Zupan. nication and interpersonal skills, 2) ability nationally and internationally,” says Zupan. In terms of return on investment, the to work well within a team, 3) personal “We are committed to providing a first- Simon School ranked 7th for the value ethics and integrity, 4) analytical and prob- rate management education while remain- added by the M.B.A. degree to earning

lem-solving skills, and 5) work ethic. ing focused on a process of continuous BUSINESS Fall 2006 potential as measured (in 2004) by “The quality of our student body and re- improvement.” SB BusinessWeek 10 years post-graduation. cent curricular enhancements, combined SIMON

03 Fall06 1/2/07 2:50 PM Page 4

WILLIAM E. SIMON GRADUATE SCHOOL OF BUSINESS ADMINISTRATION

UPFRONT Wanted: Simon Early Leaders™ —by Gregory V. MacDonald

side effects of this practice was a In today’s highly competitive M.B.A. decrease in gender diversity as admissions market, we have to become M.B.A. programs became viewed more assertive in promoting our history of as a less viable option for some attracting the best young M.B.A. talent. women reaching their late 20’s. In January 2006, we officially launched Without a delayed-start expecta- the Simon Early Leaders™ award and tion, many law and medical scholarship program. Under the direction schools have been more successful of Jacqueline Thomas, who previously at maintaining gender balance in managed the corporate awards program in their programs. the University of Rochester’s College of As our alumni know so well, the Arts, Sciences and Engineering, we have cross-functional, economics-based developed a database of key influencers curriculum featured at Simon is (e.g., alumni, faculty members, college geared toward students who are coaches) from whom we annually seek seeking a rigorous program based nominations for this award. Nominations on business principles in the major for the Early Leaders award are based business disciplines: finance, ac- upon a candidate’s demonstrated leader- counting, marketing and opera- ship potential and interest in graduate tions. To be a successful student business training. The majority of the 200 within this environment, educa- nominees received thus far have been cur- tional background is deemed to be rent college juniors and seniors. Simon just as important as previous work Early Leaders award recipients receive a Brad Grattan (at right), a Simon Early Leader award recipient, meets Ed Hajim, experience. Simon commemorative marble statue, a B.S. ’58, chairman and C.E.O. of MLH Capital L.L.C., University trustee and While most business schools fee-waived application, and a minimum generous supporter of programs for younger sources of M.B.A. talent, including turned their attention to older of $5,000 per year in merit scholarship the Summer Business Institute @ Simon. candidates, the Simon School has support if admitted to a degree program. always been open to considering There have been media reports that In the spring and summer of 2005, senior younger sources of talent, and many of other top business schools (namely, faculty and leadership within the Simon our prominent alumni took advantage of Stanford and Harvard) are becoming School began to explore the reasons, for this access. Among them, for example, are more open to younger applicants. As our the previous quarter century, that top Andrew J. Thomas ’91, president and goal is to “own the market,” we are in the business schools had been gravitating C.E.O. of Heineken USA; Joan Lavis ’83, process of registering the trademark for toward older students to fill their full- global head of strategic planning and the Early Leaders initiative. time M.B.A. classes. After much discus- business development at UBS; Deborah Overall, our goal is to attract students sion and debate, it was agreed that this Majewski ’89, senior vice president at who are best suited to take advantage of was due in part to the advent of national Bank of America; Harindra de Silva ’84, the distinctive qualities of our world-class media rankings of M.B.A. programs be- president of Analytic Investors Inc.; program. While maintaining our focus on ginning in the mid 1980’s, and attempts Joseph T. Willett ’75, former C.F.O. of admission quality, we can still increase to bolster the average starting salaries be- Merrill Lynch and Co. Inc. and retired our enrollment and remain the right size cause of the weight they carry in the C.O.O. of Merrill’s European region; and to provide a truly personalized business ranking formulas. Janice M. Willett ’78, director of business school experience. Unlike other professional schools, such communication at Simon, former senior To learn more about the Simon Early as medicine or law, top business schools manuscript editor for the Journal of Leaders initiative, or to become active in were, in effect, telling potential applicants Financial Economics and associate editor the nomination process, please e-mail me to go to work for five to seven years be- of the Journal of Applied Corporate at [email protected]. SB fore submitting applications. One of the Finance. BUSINESS Fall 2006 SIMON

04 Fall06 1/2/072:50PMPage5 search.” method ofmanagementeducationandre- us toofferanintegratedandinnovative and highlypersonalized approach allows notes Dean Mark Zupan. “Our rightsize become effective managersandleaders,” standing individualswhoare prepared to strategic plantorecruit andteachout- discipline ofeconomics. program isgrounded inthefoundational M A School haslaunchedmaster’s programs in is alsoavailable.) courseofstudy tion topursueapart-time op- time frameonafull-timebasis.(The general managementskillsinaone-year working professionals togainnecessary M with aconcentrationinGeneral M.S. degree inbusiness administration The Simon Schoolisnow offeringanew Master’s General Management Simon LaunchesNew .rochester.edu. at (585)275-3533oradmissions@simon of M.B.A.admissionsandadministration, Gr F @simon.rochester.edu or(585)275-7386. M.B.A. programs, atsteve.posavac S ther informationaboutthedegree, contact School M.S.admissionscriteria.For fur- the M.S.program mustmeetSimon ILA .SMNGAUT COLO UIESADMINISTRATION BUSINESS OF SCHOOL WILLIAM E. SIMON GRADUATE teven S.Posavac, associatedeanfor or admissionsinformation,contact ccountancy, Marketing andMedical anagement. The Simon School’s M.S. anagement. Pr “ D The master’s program willallow busy egory V.egory MacDonald, executive director This new program coincideswithour This new uring thepasttwoyears, theSimon ospective studentswishingtoapply SB Leader Profile onp. 42. ate about. B M tosave openspaceinsouthern in efforts to pursueanM.B.A.education.” beable students whomightnototherwise to help ustoofferscholarshipsupport School,” saysDean Mark Zupan. “It will for thisgenerous gifttotheSimon M.B.A. possibleforothers. forSimonarship support students. School $250,000toprovide generalschol- Ga Scholarship Support Major Giftfor Simon Receives No career infinance possible,” saysJohnson. M career ininvestment managementwith Gary P.Gary Johnson’83 uzzards Bay—causes thatheispassion- ellon Bank. assachusetts and to preserve Maine’sassachusetts andtopreserve F These days,Johnson isheavilyinvolved “W J ry w, ohnson recently retired following a or more onJohnson, see theAlumni

e are very grateful to Gary Johnson gratefultoGary e are very P. he wantstohelpmakeaSimon

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S imon M.B.A.mademy is givingtheSimon SB the ABCaffiliateinRochester, N.Y. former reporter andanchorat TV news r communications anddirector ofmedia S trends inM.B.A. education.” ers intheglobalmarketplace aswell as courage dialogueaboutissuesfacinglead- D cation onthe Web,” saysSimon School v acon- top-ranked businessschoolstostart so itisfittingthatwe are amongthefirst place “where thinkersbecomeleaders M.B.A. education. andissuesin ness topicsinthenews students around theworldtodiscussbusi- as current andprospective businessschool formediaaswell a communicationforum /communicationsblog/, isintendedtobe simonschool.typepad.com B to launchanonlinecommunicationsblog. top-rankednationalbusinessschools few The Simon Schoolisoneofonlyaselect Online Blogosphere Simon Entersthe elations attheSimon School.Kucko isa ersation aboutbusinessandedu- tevens Kucko, director of marketing and log, locatedonthe Web athttp:// ean Mark Zupan. “We inviteanden- The blogisbeingwrittenby Charla “ The Simon SchoolCommunications The Simon Schoolisknown asthe SB ™ ,” 05 SIMONBUSINESS Fall 2006 Fall06 1/2/072:50PMPage6 06 SIMONBUSINESS Fall 2006 a “backtobasics”strategyforfinancialgoals. author ofseveralbooksonmutualfundsandinvesting,Bogleadvocates it becamethesecondlargest mutualfundcompanyintheworld.The up tochairman.HefoundedVanguard in1974,andunderhisdirection, began hiscareer atWellingtonManagementCompany, working hisway first S&P500indexfund,theVanguard 500Index,in1976.Bogle J. Barclay. studentsmoderatedbyProfessor executive chatwithE.M.B.A. Group, spokeattheSimonSchoolonSeptember12,2006,an John C.(Jack)Bogle, India withanannualturnoverof$100million. leadership, thefirmhasexpandedtomore than36citiesin broadband andfixed-linetelecomservicesinDelhi.Underhis pany becomethefirstprivateplayertosuccessfullyimplement icals, paper, exportsandtelecommunicationstohelphiscom- years ofexperienceinindustriesincludingautomobiles,chem- 27, 2006.Inhiscurrent role, Malbuiltonhismore than25 and Challenges,”duringaKalmbachLecture onSeptember the topic,“DoingBusinessinIndia21stCentury:Pitfalls of theSimonSchoolExecutiveAdvisoryCommittee,discussed Rohtash Mal, ILA .SMNGAUT COLO UIESADMINISTRATION BUSINESS OF SCHOOL WILLIAM E. SIMON GRADUATE students abouttheircareers andcurrent challenges.Recent speakershave included: The Simon Schoolhostedanotherimpressive group ofnationalexecutives thispastfalltospeak T A pioneerinthemutualfundindustry, Bogleintroduced the UPFRONT op NationalBusinessLeadersVisit Simon founder andretired C.E.O. ofTheVanguard C.E.O. ofBhartiTeleventures Ltd.andmember Michael r “ Glidden, Nabisco,Burger KingandWendy’s,forwhomhisteamdevelopedthe City, Mack’sclientsincludedGeneralMills,SaraLee, Procter &Gamble, years withSaatchi&(previously DancerFitzgerald Sample)inNewYork L L trustee, talkedabouthiscareer inmarketingandadvertisingduringaKalmbach Advertising, president ofMTDevelopmentCo.,andUniversityRochester Joseph P. ’55, Mack,B.A. eal estatedevelopmentfirmontheNewJerseyshore. ecture Series and the student-run SimonMarketingAssociation. During his35 ecture Seriesandthestudent-run ecture onOctober4,2006,inconjunctionwiththeSimonBrandManagement Where’s theBeef?”campaign.Sincehisretirement in1993,hehascreated a r etired chairmanandC.E.O. ofSaatchi& Fall06 1/2/072:50PMPage7 and Loffredi through Insigniam andby and organizationsworldwideby Zaffron effectively appliedinover 200companies Scherr andtheirassociates,ithasbeen plication by Jensen, Zaffron, Loffredi and course comesfrom years ofresearch andap- ment forInsigniam inSan Francisco, Calif. C.E.O. andchiefoftechnologydevelop- based EMCCorp.; andSteve Zaffron is software engineering, forMassachusetts- Fe J School attheFederal University ofRiode College ofEducation andtheBusiness projects andaformerprofessor atthe company, aglobalconsultantforInsigniam Latin AmericaforInsigniam, aconsulting I man ofSocial ScienceElectronic Publishing Mo organizational strategypractice,for The E S Ha is personal andorganizationalperformance, the chancetobenefitfrom theresearch. students, alumni,facultyandstaff—have intheSimoneveryone community— course duringorientationtoensure that The Schooloptedtoofferthenon-credit Loffredi, AllanScherr andSteve Zaffron. designed andtaughtby Jensen, Olga inaugurated atSimon inSeptember 2005, r turned toJensen, whohasdoneextensive missing from theeducation,hesays.He W learning toplaygolfby watching Tiger study methodwastoopassive—a bitlike learning leadershipby thetraditionalcase- nology forgeneratingleadership. other consultantsutilizingauniquetech- faculty memberMichael C.Jensen and taught by formerlongtimeSimon School of thattrainingisaleadershipseminar powerful leaders.One valuable component other disciplinestohelpstudentsbecome rigorous traininginfinance,economicsand Lesson inLeadership ADMINISTRATION BUSINESS OF SCHOOL WILLIAM E. SIMON GRADUATE The Simon Schooliscommittedtousing aneiro; AllanScherrisaconsultant,I.B.M. esearch onthestudyofleadership. nc. traus Professor ofBusiness Administration meritus. He isalsothemanagingdirector, oods on television—something crucial is oods ontelevision—somethingcrucial llow andformerseniorvicepresident, The leadershipmodeltaughtinthe O J What evolved wasaleadershipseminar, D rv ensen, aresearcher intothescienceof nitor Group andco-founderchair- ean Mark Zupan wasconcernedthat lga Loffredi ishead ofoperationsin ard Business School’s Jesse Isidor sional, formanyparticipants. immediate benefits,personalandprofes- B economics andmanagementoffinance. of Business Administration, professor of Br and economicseducation,says complementtotraditionalfinance portant as apositive changeagent.” have tohave breakdowns andlookatthem “ leadership untilyou graspthatconcept. done,” Flaherty says.“You can’t understand president, solution strategies, for ITX Corp.president, solution strategies,forITX management,” says learn thedifference between leadershipand ers. and integrityare key values forgreat lead- offering saytheylearnedthatvision,focus zational architecture. legged stool” economicapproach toorgani- a coursethatwastheseedfor“three- M former Simon SchoolDean William H. ing theprincipal-agentmodelwithlate theorist, Jensen isresponsible fordevelop- r leadership, sothatstudentsare notsimply done istocreate a setoftoolstodevelop Mike andhiscolleagueshave says. “What their waythrough presented problems,” he cases, withthestudentslearningby working ership. “Most schoolslookatindividual scienceoflead- graduates steepedinanew resource for School tobecometheprimary formance. downs toaccomplishbreakthroughs inper- learn how tocreate andmanagebreak- lyze systemfailure tocatalyze visionandto ership encouragesleaderstostudyandana- systemic improvement, oflead- thistheory success, thetraditionalbusinessmodelfor business education:Ratherthanmeasuring the generalpublicinover 21countries. Landmark Education initsprograms for And inorder to have breakthroughs, you einventing wheels.” rickley saystheseminarcanofferalmost eckling. While atSimon, Jensen designed ickley, F The Jensen-Insigniam courseisanim- “It’s breakthrough thinking,”henotes. “A “In thecourse,forexample,students intheinaugural Those whoparticipated A financialeconomistandorganizational Z isagroundbreaking onein The theory or example,studentslookatwayspeo- upan’s eventual aimisfortheSimon

leader creates; amanager getsit Si mon SchoolGleason Professor S ean Flaherty ’06,* J ames A. vice seminar. question duringtheSeptember2006leadership F one.” solution,notadestructive a constructive at thatkindofsituationandcomeupwith says. “In thecourse,you gettotakealook cular patternthatfeedsonitself,” Brickley to work ashard anymore, itbecomesacir- don’t appreciate mywork, soI’m notgoing y tions withcircular thinking. ple getthemselves intounproductive situa- people problems inorganizationsandour and Mark Zupan andIwere talkingabout a year agoinMay, IwasspeakingatSimon venturesome,”not very Jensen says.“About School forthecourse’s inauguralhome. Ha S J course wasagaindesignedandtaughtby Leadership andPerformance.” The unique Ontological Foundationscalled “The of annual leadershipseminarinSeptember, leaders,theSchooloffered itssecond nary components inplacetobecomeextraordi- ulty, staffandalumnihave allthelearning ormer SimonProfessor MichaelC.Jensenfieldsa ensen, Olga Loffredi, AllanScherrand ou begintothinktheguysaround here teve Zaffron. To “If you getyourself intoasituationwhere “Most schools,includingHarvard, are D rv espite hislong-timerelationship with ard, Jensen says,hechose theSimon

make sure thatSimon students,fac- * Ex ecutive M.B.A.graduate 07 SIMONBUSINESS Fall 2006 Fall06 1/2/072:50PMPage8 08 SIMONBUSINESS Fall 2006 the Simon School. that helpsguidethestrategicdirection of leaders from thepublicandprivate sectors cess—Mike’s coursemore thandelivered.” around it,”Zupan says.“It wasabigsuc- subject likeleadershipandputaframework ILA .SMNGAUT COLO UIESADMINISTRATION BUSINESS OF SCHOOL WILLIAM E. SIMON GRADUATE r E. Rogers ’90, founder, I troller andchiefaccountingofficer, D C.F.O., executive vicepresident, finance,and ate inRochester. 13 (now 13 theABCaffili- WHAM-TV), reporter andanchorat news WOKR TV- managed mediarelations. She isaformer N of marketing andcommunicationsat B ternal publications,including audience, andeditingallinternalex- and distinctionstoaninternationalmedia School, itstop-rankedprograms, faculty sibilities focusonpromoting theSimon at theSimon respon- School.Her primary nications anddirector ofmediarelations of marketing andcommu- been promoted todirector Charla Stevens Kucko Promotions and Appointments Simon School are: bers. They mem- Committee iswelcoming fournew The Simon SchoolExecutive Advisory Committee Members Executive Advisory Simon Welcomes New me tocreate thecourse. ther conversation, whichledtohisinviting experiences inthedomain. That ledtofur- U communication from St. Bonaventure elations group, nternational Ltd.; nternational usiness. UPFRONT niversity. azareth Collegeof Rochester, where she avidson ’88, Pr The E.A.C.isadistinguishedgroup of “W K ucko holdsaB.A.degree inmass eviously, Kucko wasassociatedirector e wantedtotakeanhistoricallysoft Charlotte Bobcats; GMA International; senior vicepresident, con- managing director, client M Ba —Kathryn Quinn —Kathryn Thomas ichael J.Behrman ’92, r SB J clays Global Investors. oseph Honick, has Ca r and S ol (John) imon S Tyco tephen SB and outplacementfirm. human resources consulting with Drake Beam Morin, a career includes10years as acareer consultant. His Career Management Center J traditional employment opportunities. business enterpriseordirecting thembackto seling andeducationforeitherlaunchinga ing entrepreneurs withentrepreneurial coun- r B ness advisorfortheNew York State Small P N.Y., aneconomicdevelopment agency. Local Development Corporationin Victor, tive director forthe Victor M ucation. Previously, r ment Centerasassistantdi- joins theCareer Manage- G each officeatS.U.N.Y. Brockport, provid- ector ofcounselinganded- ames Monte rior to that, she served as a certified busi- asacertified rior tothat,sheserved usiness Development Centerintheirout- ina Marie Mangiamele angiamele wastheexecu- promise tohelprealize Anthony’sdream ofequality. Dean MarkZupan,honorsaRochesterwomanwhosecareer, leadership,energy andwisdom of Anthony’slife,theaward, presented byNoraBredes (center),director oftheAnthonyCenter, and tion spaceandoffersartclassesforyouthsadults.Establishedinhonorofthe100thanniversary Studios&Gallery redFISH Art Products Corp.,Bausch&Lomb andFisher-Price, andbecamepresident Harrisco-founded of L.P.G.A. acareer inmarketingconsumerproducts luncheononJune21,2006.After forRich annual SusanB.AnthonyPromise Award to The SimonSchoolandtheSusanB.AnthonyCenterforWomen’s Leadership presented thefirst Susan B.AnthonyPromiseAward Heather Harris’92ReceivesFirstAnnual also joinsthe in East Aurora, N.Y.,in EastAurora, whichprovides artistswithstudioandexhibi- Heather Harris ’92 izational Strategy. O A and E.M.B.A.studentsconcentratingin S riculum, andmanagestheconsultingteam. develops jobsearch-related educationalcur- ing andeducation.Royer counselsstudents, sistant director of counsel- Pr M in theSimon SchoolCareer counseling andeducation promoted todirector of H search principles,issuesandstrategies. students onafullrangeofcareer andjob Company. Monte counselsSimon School sources executive withEastmanKodak P he works withfull-timeM.B.A.students rior tothat,hewasaseniorhumanre- ccounting, Health SciencesManagement, perations, andCompetitive andOrgan- arriette Royer eviously, asas- sheserved anagement Center. (at left) duringtheWegmans (at left) SB has been Fall06 1/2/072:50PMPage9 Insurance DayatSimon Simon StudentsInterpretatL.P.G.A. ILA .SMNGAUT COLO UIESADMINISTRATION BUSINESS OF SCHOOL WILLIAM E. SIMON GRADUATE Sangwoo Shin help theprofessional AsiangolfersonthetourfeelathomeinRochester. SimonSchoolPh.D.candidate tion ofL.P.G.A. Tournament Director LindaHampton,whofeltthatZuroski’s Asianstudents,inparticular, would held atLocust HillCountryClub.Zuroski andtheE.L.U.S.C.program, nowinits11thyear, attractedtheatten- (E.L.U.S.C.), toprovide studentnativeinterpreters foritsAsiangolfersduringtheWegmansL.P.G.A. Pro-Am Association (L.P.G.A.) approached The SimonSchoolreceived internationalrecognition thispastJunewhentheLadiesProfessional Golf ’07 (left photo, at left) walksthePro-Am withgolferAiMiyazatoofJapan. photo,atleft) (left (above, at left) greets professional(above, atleft) golferIlMiChungofSouthKorea. Ellen Zuroski, campus tonetworkwithstudents. bringing senior-level insuranceexecutivesandrecruiters to Center helditsfirstannualInsuranceDayonOctober13,2006, Insurance Day2006 surance industryandcareer strategieswith at TheHartford Financial ServicesGroup Inc.,discussedthein- insurance. LissaAlberto-Calma (below, staffingconsultant atleft), International Underwritersshared hisperspectiveonacareer in center), seniormanager, financeandriskmanagement,atLiberty director oftheEnglishLanguageandU.S.Culture Program —The SimonSchoolCareer Management Bryan Gavini’01 Bryan Sayaka Watanabe Meghal Desai’08 (left photo, (left . 09 SIMONBUSINESS Fall 2006 Fall06 1/2/072:50PMPage10 Gregory Dobson 10 SIMONBUSINESS Fall 2006 Edieal J.Pinker C Coordination inMedicalOfficePractices fessors find in a new paper.fessors findinanew P staff memberscanindeedhave apositive effectonincomeby free- theywrite. practice performance,” output from alargerstaff, andadditionallaborinputswilldegrade sufficiently large,eventually thiseffectwilldominateincreases in care, billing,reporting andadministration. greater reliance staffforscheduling,simplemedical onsupport increasing thenumber ofpatientvisits. With thathascomea many physicianshave responded by forminggroup practicesand have shown thattocompensateforconstrainedreimbursements, ractices,” In The authors’ dataanalysisshows thatinsomeoffices,adding “If thecoordination staffis timeaddedby expandingsupport Leadership

“Division ofLaborandCoordination inMedical Office than theirpeerswithnoorlimitedstaff, twoSimon pro- doctor tasksdonotnecessarilyfunctionmore effectively fices thatemploy stafftohandlenon- alargesupport ontrary to accepted wisdom, primary care physicians’ toacceptedwisdom,primary ontrary of- Gr egory Dobson, egory placed ondoctors’ timeandincomes.Studies 1980’s, theynote,more pressure hasbeen tients. of higherrevenue realized by seeingmore pa- costs, theauthorsfind,overtake thebenefits costs ofcoordinating staff. support These in adoctor’s officeincrease, sotoodothe management, and N.Y. care physicianpracticesinRochester,primary division oflaborandresulting profitability of V tems, withR.Lawrence Van Horn of professor ofcomputersandinformationsys- anderbilt University, examinethestaffing, S As thenumberandtypesofstaffpositions ince theonsetofmanagedcare inthe associate professor ofoperations Highlights Research E dieal J.Pinker, associate nurse, inturn,consultswiththedoctor. by goesthrough anumberoflayers beforethe inquiry itcanbeanswered paid seven timesasmuch,”Dobson says. to handlethecallasdoctordoesalone,andyet thedoctorisnot (Research Paper CIS05-03) spending lesstimewitheachpatient,”theyconclude. staffgainlittlefinanciallywhile a largefractionofthework tosupport r School working papers. The sitealsoincludesawiderange ofother N.Y. Logontowww.SSRN.com todownload copiesofrecent Simon B ity benefitsofadditionalstaff, theauthorsnote. bigger dragyou get,”Pinker says. is running oncourse. is running nating responsibilities, refereeing conflictsandensuringthepractice staff. Doctors withlargerstaffspendtimebeingmanagers—coordi- The articles forthe“ResearchThe articles LeadershipHighlights” sectionof money. process theinquiry. directly, dramaticallydiminishingtheamountoftimeneededto patients,thedoctorcananswertice withnostaffandfewer thecall drain oneffectiveness. staff memberrepresents ing upthedoctor’s timeforpatientcontact.However, whenthenew the workflow. esearch papers. usiness

The costsofstaffcoordination caneasilyoutweigh theproductiv- “Physicians whoattempttoincrease practiceoutputby delegating “ There isanother reason effectiveness issacrificedwith additional S O a doctor. fieldsthecallandthentalkstonurse. Asecretary The The more complex you maketheoperationofpractice, urprisingly, shiftingwork tothedoctorcansave thepractice ne reason isthat additional typesofstaffaddtothehandoffsin “Staff membersmayspend,forexample,seven timesaslong we re

written by Sally Parker, afreelance writer inRochester, F or example,ifapatientcallswithmedicalquestion, additional divisionoflabor, thiscreates a WILLIAM E. SIMON RDAESCHOOL GRADUATE On ADMINISTRATION

the otherhand,inaprac- FBUSINESS OF SB S imon Fall06 1/2/072:50PMPage11 company amongleadingbusinessschools.” search. This studyplacesusinprestigious be soprolific intermsofcutting-edgere- “It isremarkable foraschoolofoursize to past three decades,” saysDean Mark Zupan. faculty hashadonbusinessresearch over the cant impactthattheSimon School’s premier multinational companyinLisbon,Portugal. marketing managerata product managerandtrade his Ph.D., heworked asa keting. Prior topursuing assistant professor ofmar- the Simon Schoolfacultyas and firmsacross geographicmarkets. heterogeneity inthebehaviorofconsumers brands usingmultimarket information,and spatial andtemporaldiffusionofnew product introductions,the studyofnew sumer switching patterns to new brands sumer switchingpatternstonew www.ssrn.com. The fulllistofrankingsisavailable at business schoolswere rankedinthestudy. Pa the SimonSchool New Faculty Join No ahead ofbusinessschoolsatCornell,Duke, the SSRNeLibrary, placesSimon 10th— schools by downloads offacultypapersfrom the top20U.S.andinternationalbusiness (SSRN). The study, whichseparatelyranks study by theSocial ScienceResearch Network during thepastyear, according toarecent for frequency ofdownloaded facultyresearch among thenation’s premier businessschools The Simon Schoolranksinthetop10 Downloaded Research F Simon inTop 10for total downloads perauthor. downloads perresearch paper and5thfor S U U the University ofCaliforniaatBerkeley, the U ILA .SMNGAUT COLO UIESADMINISTRATION BUSINESS OF SCHOOL WILLIAM E. SIMON GRADUATE imon Schoolranked1stoverall fortotal RESEARCH NEWS niversity of Texas atAustin. Per capita,the niversity ofSouthern Californiaandthe niversity ofIllinois atUrbana-Champaign, requency of H Mo “ ulo Albuquerque Albuquerque’s research interests include r This rankingisevidenceofthesignifi- thwestern, Ohio State, Stanford, the is current research focusesoncon- re

than 800U.S.andinternational SB joins R.O.T.C. Unit attheUniversity ofRochester. N attaché. Prior tohisretirement from the commander, publicaffairsofficerandnaval cer, financialspecialist,helicoptersquadron tor, jointstaffandcongressional liaisonoffi- with toursasahelicopterpilot,flightinstruc- was acareer naval officer the Simon Schoolfaculty, he nication. Prior tojoining tor ofmanagementcommu- nication andarea coordina- lecturer inbusinesscommu- D and finance)from theUniversity ofArizona. and aPh.D. inmanagement(accounting v ness economicsfrom EasternOregon Uni- z Case WesternReserve School ofManagement at ment atthe Weatherhead taught operationsmanage- agement. Previously, she fessor ofoperationsman- W and anM.B.A.from theUniversity of gree inbiologyfrom CornellUniversity training anddelivery. He earnedaB.A.de- ership andexecutive communications and assetprices. the effectoftaxes onbusinessdecisions incentives inmergersandacquisitions r U S countant fortheOffice of he wasaseniorfundac- ing atSimon. Previously, tant professor ofaccount- S U Anderson SchoolofManagement atthe U management atPortuguese Catholic across localmarkets intheUnited States. that have beenprogressively introduced V ole ofaccountinginformation,taxes and ona, Heitzman holdsaB.S.degree inbusi- ersity, andaMaster ofAccountancy degree ponsored Projects atthe hane Heitzman era Tilson niversity ofArizona. niversity ofCalifornia,LosAngeles. niversity andaPh.D. inmarketing at avy in2006,hewaschargeoftheNaval aniel H.Struble est Florida. St PublicA Certified Accountant inAri- H Albuquerque earnedaB.A.degree in r eitzman’s research interests includethe uble hasextensive experienceinlead- is assistantpro- is assis- is senior Chase &Co.). M ment from Case Western University. Reserve M mathematics from theColoradoSchoolof T gineering from Massachusetts Institute of from Tsinghua University inChina. B.S. degree inbusinessadministration est isinfinancialaccounting. agerial compensation.Her teachinginter- management, financialanalysisandman- interests are inearnings counting, Zang’s research she earnedaPh.D. inac- of Duke University where S professor ofaccountingat Amy Y.Zang the University ofMichigan. earned aB.A.degree ineconomicsfrom and accountingattheSimon School,she and healthcare operations. chain management,stochasticscheduling E J manuscript editorwiththe W ness communication. faculty asdirector ofbusi- joining theSimon School J and J with Simon Schoolfacultymembers Cr laborated on by of Applied Corporate Finance S ournal ofFinancialournal anice M. Willett ’78 ames A.Brickley, Clifford W. Smith Jr. imon. Arecent graduate he wastheassociateeditorof echnology, anM.S.degree inapplied conomics financial industries. supplychainsoftwareinstrumentation, and manager intelecommunications,medical perience asasoftware engineerandproject U natnBn nwJ P. Morgananhattan Bank (now J. ines, andaPh.D. inoperationsmanage-

eate Value: From Strategy toStructure illett isasenior In In W S T M niversity. She has18years ofindustrialex- he holdsanS.B.degree inelectricalen- ilson’s research interests are insupply Je

illett beganhercareer atChase addition toherPh.D., Zang holdsa addition toherM.B.A.infinance organ Stanley) forfive years, andcol- r old L.Zimmerman. and afreelance financial editor. D is assistant esigning Organizations to is (now owned J ournal SB 11 SIMONBUSINESS Fall 2006 Fall06 1/2/072:50PMPage12

12 SIMONBUSINESS Fall 2006 ILA .SMNGAUT COLO UIESADMINISTRATION BUSINESS OF SCHOOL WILLIAM E. SIMON GRADUATE

E.M.B.A. Program

40th Anniversary U I M O

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S G I V R

Executive M.B.A. A

E D — R U 40 Yearsof

by S A

Education I

Kathryn Quinn Kathryn Thomas

T T Y E

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E S I S N S R E Fall06 1/2/072:50PMPage13 I A Epsteinand Henry Professor ofBusiness classes,” says Chicago hadonethatinvolved night in theworldattime—theUniversity of ter educatetheirworkers. strategy ofworking withemployers tobet- that doesnotemulatetheSimon School’s pressed tofinda business schoolanywhere and Australia. Andonewouldbehard R nearly 2,500E.M.B.A.studentsin cept, theSimon Schoolhasgraduated wider geographicalmarket. appeals toamore diverse audienceanda skilled businessleaders,theprogram now up theregion’s economywithhighly F Pr now calledtheExecutive M.B.A. Pr Ad istration’s (thentheCollegeofBusiness G M attend classes,thenDean William H. tiveness by givingthemregular timeoffto help theirmanagersenhanceeffec- cept thatemployers wouldbewillingto ecutive education.Gambling onthecon- become theinternationalstandard inex- faculty andcurriculum.” measure ofthequality ofourworld-class ates around theworld. Their successisa accomplishments ofourE.M.B.A.gradu- Ne smaller localandregional firmsinupstate agers from majorglobalcorporationsto duced someofthefinestsenior-level man- A in as well asourformerpartnerships in Rochester, N.Y., andBern, Switzerland, Z around theworld,”saysDean impact onthewaybusinessisconducted Pr ILA .SMNGAUT COLO UIESADMINISTRATION BUSINESS OF SCHOOL WILLIAM E. SIMON GRADUATE riday fourdecadeslater. While pumping dministration andprofessor offinance ustralia andtheNetherlands, haspro- upan. ochester, Switzerland, theNetherlands raduate SchoolofBusiness Admin- ogram hashadastrong andsignificant ogram, continuestohostclasseseach ogram (E.D.P.). eckling created the William E.Simon “ S The Executive Development Program, “Ours wasthesecondE.M.B.A.program ministration) Executive Development w York. We canbejustlyproud ofthe The Simon School’s Executive M.B.A. ince Meckling inauguratedthecon- “Our current E.M.B.A.program school thatpioneered whathas R 40 years agoby theUniversity of t wasacriticalroll ofthedice ochester’s fledglingbusiness Clifford W. Smith Jr., Mark Louise a seriesofsuccessstoriestopointto.” the size ofthealumnipopulation,andhave goalwastoincrease horses,” hesays.“The would belikeplacingstrategicbetsonfaster careers before optingtopursueanM.B.A.,it peal toagroup ofmanagerswhohadsolid successful alumnitopointto,Smith says. only thebestfaculty, butalsoapoolof uate school,Meckling heneedednot knew ate students. To becomeatop-notchgrad- andundergradu- with afocusonpart-time business school,theprogram wassmall, R here.”model we started allofthemusethe such programs, virtually “Now, ifyou lookat abroad landscapeof r such awaythatcompaniescouldprovide of Rochester’s 140-year-old was story tive development cohort. G gear-making equipmentandsoftware. which develops, manufactures andsells “ elease timetotheiremployees,” hesays. E.M.B.A. Program. appointed by Meckling tooversee the 1974, wasthefirstchairmanofacommittee who hasbeenontheSimon facultysince and economicsattheSimon School.Smith, ochester in1964tobuildafirst-class leason wasamemberofthefirstexecu- O “Bill Meckling thought,ifwe couldap- When thelateDean Meckling cameto “Ours wasthefirstonescheduledin ne suchfasthorseandeventual success —James S.Gleason’68 we I tellpeoplethere the SimonSchool. and my timeat sixth grade . kindergarten through most crucial— e my xperience thatwere J re ames S.Gleason ’68,

educational

two periodsof G leason Corp., ” chairman petencies ifhewere tohelpgrow thefirm. but hefeltneededsomeadditionalcom- topurchasing, salesandfinance— foundry from working inthe pany—everything ence inmanyfacetsofthetoolingcom- the mid-1960’s, hehadhands-onexperi- in 1959asaproduction control clerk. By began hiscareer withthefamilycompany intelligenceintheFaritary East,Gleason P perspective onpublicpolicy.” lutions,” hesays.“It alsogave mealotof w for parsingproblems inanybusiness,as wanted—a broad arrayofanalyticalskills nal Executive Development Program. jumped atthechancetoentergermi- enrolled inacoupleofnightcourses,but offer himby wayofeducation.Gleason to findoutwhattheSimon Schoolcould the University ofRochester’s Faculty Club quiver ofarrows, sotospeak.” G we worldwide. globe, withmore than2,500workers company now hasfacilitiesallover the and C.E.O.ofthefirmby 1981. The companies were happytomakethedouble ment training,”Smith says.“The agement positionswithoutanymanage- grounds, whowere promoted intoman- managers withstrong technicalback- with theirrisingstars. S Corp., andBausch &LombInc., keptthe employers, EastmanKodak Co., Xerox the Rochester area’s former“Big Three” course, sinceitsfirstdays.For manyyears the Simon School,”Gleason says. where Ilearnedthe basics,andmytimeat through sixthgrade, crucial—kindergarten my educationalexperiencethatwere most R imon Schoolexecutive program filled rinceton University andexperienceinmil- ochester Business Hall ofFame. ell astheabilitytogetatbestofso- leason says.“Ineededtofleshoutmy G “A He “I hadreached a point where Ifeltthere Armed withadegree inphilosophyfrom In “ The E.M.B.A.program hasevolved, of “I tellpeoplethere were twoperiodsof re Those companiesthenhadlotsof leason went ontobecomepresident

nd itprovided mewithexactlywhatI some analyticaltoolsIneeded,” 2001, Gleason wasinductedintothe

met withMeckling over lunchat 13 SIMONBUSINESS Fall 2006 Fall06 1/2/072:50PMPage14

14 SIMONBUSINESS Fall 2006 among thebestoncontinent.Faculty R on thetopfacultyofUniversity of professors. In theUnited States, we build We M.B.A. programs? y What are thethree main aspectsthatset business strategies. mentation andmanagementofsuccessful fortheanalysis,design,imple- necessary methods ofdataanalysis—i.e.,thetools agement, capitalmarkets andquantitative of managerialeconomics,financialman- problem solving.It stresses theimportance emphasis onquantitative methodsand the principlesofeconomics,withstrong management educationdeeplyanchored in O R What are thecharacteristicsof and foroneweek inShanghai. study fornineweeks inRochester, N.Y., Sw I to Advance CollegiateSchoolsofBusiness S the bestbusinessschoolsinUnited U Si business schoolwithatopreputation. The “We’ll changethewayyouthink.” P country. Duringarecent interview, Program Director S The Simon School’s Rochester-Bern Executive M.B.A.Program inBern, nternational. In additiontoclassesin our program apart fromour program otherExecutive apart tates andisaccredited by theAssociation ochester-Bern E.M.B.A.Program?ochester-Bern ochester. In Europe, we canchoose witzerland, wasoneofthefirstexecutive M.B.A.programs offered inthat niversity ofRochester isrankedamong mon Graduate SchoolofBusiness atthe ur program offersahigh-qualitygeneral h.D. The coursesare taught by outstanding itzerland, studentsgetthechanceto

offer aUnited States degree from a has becomemore dependentonsmall sands ofemployees. Asthelocaleconomy the “Big Three” have lostmultiplethou- turned awayfrom manufacturing,though, ition costs.” w them from theirjobcommitmentsoncea commitment toeducatethem—release eek tocomehere, aswell aspaythetu- As theregional economyhasinexorably (at right)discussestheadvantages oftheRochester-Bern experience. struction continuesinSwitzerlandstruction from nine weeks inRochester. Thereafter, in- attend anintensive summerresidency of early June inSwitzerland. Participants then biweekly onFridays andSaturdays until The program beginsinJanuary andmeets Ho and writinginEnglish. have noproblem communicating,reading classes are heldin English, studentsshould ance family, jobandeducation.Since candidates shouldhave theabilitytobal- perience, possiblyabroad. Moreover, our ground andatleastfive years’ working ex- date hasanacademicorequivalent back- increased responsibilities. The idealcandi- senior-level managerswiththepotentialfor O What istheprofile ofyour participants? networking. in theprogram, namelylearningand students canfocusonthereasons theyare We students andcloselymonitortheirprogress. homework. homework. teaching, casestudies,teamprojects and interactive andprovide anoptimalmixof well.incentives toperform The lectures are the studentsandshouldhave theright are paidonthebasisofevaluations by ur targetgroup ispromising middle-and Mo w istheprogram structured?

solve alllogisticalaspectssothat way intheprogram, says dents whoare willing topaytheirown upswing inthenumbersofE.M.B.A.stu- business, theSimon Schoolhasseenan myriad ofothercompaniessendusoneor business owners, entrepreneurs—and a E.M.B.A. Programs. Andrews III’03, re “W ov er, goodcare we ofour takevery e now have alotofstudentswhoare Claudio Loderer ’83 —by Andreas Schwander executive director of G eorge J. We E-mail: [email protected] P 3012 Bern, Switzerland E M Dr R Mo tions. We’ll changethewayyou think. implement thoughtfulandeffective solu- r agers betterdefinetheissues,develop more M.B.A. Program willhelptalentedman- through theRochester-Bern Executive their organizations. The educationprovided able topredict, the impactofchangeson ness willnotalwaysknow inadvance, orbe Ex obust strategiesformanagingthem,and of your program inthree sentences? Ho tion degree. awards theMaster ofBusiness Administra- program, theUniversity ofRochester successful completionofthe18-month oftheeducationalexperience.Uponpart S the following year. Astudyweek in late September untilgraduationinJune of hone: +41316314533 ngehaldenstrasse 4 ochester-Bern Executive M.B.A.Program hanghai inMarch inthesecondyear is anaging Director ecutives intoday’s worldofglobalbusi- . Petra Joerg b site:www.executive-mba.ch re w would you summarize theadvantages w wouldyou summarize of theGraduate Management Admission says David Wilson, president andC.E.O. business tomake.” big investment foranindividualorsmall self-sponsored. “Now ourclassesare about50percent two oftheirkeypeople,”Andrews says.

information: B “It saysalotfortheprogram—it isa ut theinvestment doeshave payback, Fall06 1/2/07 2:50 PM Page 15

WILLIAM E. SIMON GRADUATE SCHOOL OF BUSINESS ADMINISTRATION

Council (G.M.A.C.) in McLean, Va. The program is tough. When a team business units at Xerox, there would be G.M.A.C. is a national organization of bonds, the members help each other learn. some commonality—human resources, ac- graduate business schools and administers “They rise through the program together,” counting practices. the Graduate Management Admission Test. Andrews says. “You really get to know each “If you have three people doing similar “We have long referred to the M.B.A. as other meeting every Friday. There is a great activities but at three different companies, a global currency—a degree that symbol- sense of bonding, of being part of a team.” there are more differences you can point to izes value all over the world,” Wilson says. In the first year, students take 33 credits and discuss in class.” According to the Financial Times of in such core subjects as accounting, data Having an M.B.A. is fast becoming as London’s annual ranking of E.M.B.A. pro- analysis and economics. Since most stu- much of a prerequisite to advancing in the grams, the Simon School’s E.M.B.A. Class dents in the program have been away from workplace as a high school diploma or un- of 2003 saw their salaries increase an aver- higher education for a number of years, dergraduate degree, Andrews says. Following age of 48 percent over three years. that belief, the Simon School is looking to And students often see some major or expand its marketplace. minor payback in their workplaces even “We are looking at opportunities to while in the program, Andrews says. “One The success of our grow the program outside the bounds of of the best things about the program is just Rochester,” he says. “We’re looking at that in almost every class you would talk E.M.B.A. graduates is how you bring people here from Buffalo, about something that applied to your “ Syracuse and Toronto for a strengthened a measure of the work. I’d think, ‘Wow, I see how I could enrollment. And if you do it, how does it use that.’ ” quality of our change the program.” Recently, one Xerox Corp. purchasing As a start, the Simon School has part- official in the program applied a regression world-class faculty nered with Greater Rochester Enterprise model learned in class to his interaction and curriculum. Inc. (G.R.E.) and the Greater Syracuse with his suppliers. “He was able to drop Chamber of Commerce to offer E.M.B.A. $2 million in costs for the company,” scholarships to members of small busi- Andrews says. —Mark Zupan ” nesses and non-profits in both regions. Numerous E.M.B.A. alumni have gone Dean The scholarships help those economic on to become national business successes: development agencies encourage en- Robert E. Rich Jr. ’69 is president of Rich trepreneurship in their areas, while the Products Corp., a frozen food firm with most consider this to be the toughest of Simon School tests the waters outside its annual sales of some $2.5 billion; Lance the studies, Andrews says. immediate region. Drummond ’85 is now a senior vice presi- At this point, teams rely on the expertise No matter where the students come dent for Bank of America N.A.; and of their left-brain powered members to from, however, they will undoubtedly con- Melissa Long ’04 is a news anchor for help them stay on track. tinue to be among the most motivated CNN in Atlanta, Ga. In the second year, courses include learners anywhere, Smith says. “They will Locally, some well-known alumni in- human resource and marketing studies, accept the challenge—not take the chal- clude Kenneth Syme ’06, vice president, along with information systems and other lenge lightly. non-production purchasing at Xerox specific management issues. For the stu- “Because, for the last 40 years, this has Corp.; and Louise McDonald ’99, senior dents who find comfort in the concrete been the most expensive program on cam- vice president at Welch Allyn Inc. nature of the first year’s math-oriented pus. I’m not referring simply to tuition. Currently, the E.M.B.A. Program has 27 courses, the second year can be difficult. But by taking very successful people out of first-year students and 35 in their second For most of the last 25 years, Professor the workplace every week, the real cost is year. Each cohort is divided into teams of Cliff Smith has sat on a committee that what they would be accomplishing if you five students, who are matched via a com- oversees the Executive M.B.A. Program hadn’t removed them from their job.” mittee’s assessment of their backgrounds, and has also taught classes in the program. The Simon E.M.B.A. Program will be personalities and skills. The classes are much richer now, from his celebrating its 40-year anniversary with a Nearly four years after graduation, perspective, than they were in the heyday calendar of events over the next year. Andrews, an E.M.B.A. graduate himself, of Kodak and Xerox. Watch the Web site (www.simon still meets monthly with his E.M.B.A. “You see more diversity in the experi- .rochester.edu) for details. SB group. A good team is key to students’ ences people across the class have to con- success in the program, he says. tribute to the various discussions,” Smith Kathryn Quinn Thomas is a freelance writer says. “In the old days, even if you ended based in Rochester, N.Y. up with three people from three different BUSINESS Fall 2006 SIMON

15 Fall06 1/2/072:50PMPage16

16 SIMONBUSINESS Fall 2006 I Solemnly Swear . Student-Authored Credo Business SchoolstoAdopt Simon AmongFirst Fall06 1/2/072:50PMPage17 ILA .SMNGAUT COLO UIESADMINISTRATION BUSINESS OF SCHOOL WILLIAM E. SIMON GRADUATE S credo states: now required tobestatedandsignedby allincomingstudents. The and omissionsatalltimes. good nameamongmycolleaguesandtheworldatlarge. center ofmydeeds.It ismyresponsibility toupholdits member oftheSimon community. N O M I S promises, tosaywhatImean,andmeansay. r itwiththemasadaily member oftheSimon communitycancarry build abettercareer over thelongterm.” help membersofSimon communitydemonstrategoodcharacterand people work togethertobuildafuture Simon School,butitwillalso and onanindividuallevel,” saysOkun. “Its values willnotonlyhelp of thosestudentteams,ledby ideas toenhancetheSchool’s existingcurriculumandcommunity. One the Simon School” course.Student teamswere chargedwithgenerating pleted lastyear duringDean Mark Zupan’s “Improving and inpublicatalltimes. Septe nity. The credo studentsarrived wasintroduced in whennew and toimprove attitudesandinvolvement withintheSimon commu- credo toensure oftheSchool thatstudents,facultyandstafffeelapart Andrew Chang’07 Sign here—JoyAkinyemiOkun’06 eminder ofthevalues andprinciplesitrepresents. ntegrity ismywatchword. Iwillendeavor tofulfillmy imon Graduate SchoolofBusiness represents the The Simon SchoolCredo—a setofcarefully-crafted principles—is The credo hasbeen printedonbusiness-size cards sothatevery “ The credo isthe result ofastudentteamproject com- obility. Iwillconductmyselfwithnobilityinprivate wnership. Iwilltakeresponsibility formyactions The Simon Credo offerslong-termadvantages bothtotheSchool embership. Irecognize thatIamanimportant mber 2006. school credos. by imon studentsare takingtheirM.B.A.educationseriously

creating oneofthenation’s firststudent-authored business (at left) andherson,Ladi(atright),lookon. (at left) Jo (center) signstheSimoncredo as y Akinyemi Okun ’06, SB created the 17 SIMONBUSINESS Fall 2006 Fall06 1/2/07 2:50 PM Page 18

WILLIAM E. SIMON GRADUATE SCHOOL OF BUSINESS ADMINISTRATION

ales are down at A.B.C. Corp. in A talented problem-solver would gener- a given quarter. The board asks, ate a series of the most logical hypotheses, “Why? What should happen search for data to discover which hypothe- next?” sis is most likely, then make a successful SCorporate recruiters are looking to hire recommendation to the A.B.C. board on managers who can analyze just such an un- how to stop the decline and bring revenues structured problem and present a workable up again. solution. This fall, the Simon School is pre- Simon School faculty in all full-time miering an augmented curriculum that will M.B.A. studies will now use this blueprint equip full-time M.B.A. students with ex- as a teaching method. actly those skills. F.A.Ct. is essentially based on the sports A Matter The Frame, Analyze and Communicate, coach adage, “You play like you practice.” or F.A.Ct., management paradigm was rec- If problem-solving skills are valued in the ommended by a faculty committee that workplace, then students need to drill those extensively researched what skills the corpo- skills in all their business studies. rate, academic and non-profit sectors found Courses will now be more interactive, Of F.A.Ct. most compelling in an employee. with instructors in all areas presenting stu- “We found that the optimal traits for dents with real-world business problems, Simon M.B.A.’s are having a structured/sci- while leading them through the F.A.Ct. —by Kathryn Quinn Thomas entific approach to business problems, with a paradigm to come to a solution. strong empirical focus, a healthy skepticism, “With more student-active classes, we are a willingness to change one’s opinion and the expecting they will have more facility in ability to communicate their own analyses,” solving problems,” Posavac says. “And the says committee member Steven S. Posavac, more real-world problems they are exposed associate professor of marketing and associate to, the more institutional knowledge they dean for M.B.A. programs. “The three-step can bring to their careers.” F.A.Ct. focus will arm our students to do The M.B.A. program has added two new what the market wants them to do.” core courses, Framing & Analyzing The three components of the F.A.Ct. Business Problems 1 & 2, replacing the blueprint for solving business problems are: program’s traditional statistics studies. Frame the problem—Break down the “One of the most important steps going large, unfocussed question into several forward is for us [to use F.A.Ct.] to focus subproblems; on the purpose of statistics as a tool to inform strategic decision making,” Posavac Analyze and research each problem— says. Find relevant data, form and test hy- To underscore the relevance and impor- potheses, then come to a conclusion and tance of the F.A.Ct. initiatives, the Simon make a recommendation; School also instituted an annual school- Communicate the implications of the wide case competition in the spring of analysis—Persuade others of the benefit 2006 for all first-year full-time M.B.A stu- of the conclusion. dents. The students have the opportunity In the case of the aforementioned A.B.C. to solve a problem, then present their con- Corp., using the F.A.Ct. method, a man- clusions to a panel of experts. ager would first consider all the possible Another benefit of the redesigned cur- reasons sales are down. riculum is that it will encourage even more “It could be so many things—the mar- positive feedback from recruiters on the ket, not enough inventory, new competi- high caliber of Simon School alumni. But tion, who knows,” Posavac says. “The most important, Posavac says, is that stu- problem, of course, is to discover the right dents with a Simon School M.B.A. will SB reason.” have solid skills to serve them for a lifetime. BUSINESS Fall 2006 SIMON

18 Fall06 1/2/072:50PMPage19 ILA .SMNGAUT COLO UIESADMINISTRATION BUSINESS OF SCHOOL WILLIAM E. SIMON GRADUATE Simon’s sons— H S Tr School isnotoneofthem,saysasonthelate William E.Simon, U.S. There are businessschoolsthattaketheroad more traveled. The Simon easury Secretary,easury financialentrepreneur andtheSchool’s namesake. J. Peter Simon (at left) and William E.SimonJr.J. Peter andWilliam Simon(atleft) posewiththestatueoftheirfather, E.Simon,duringarecent visit William is SonsEnvision Its Future imon at20 —by Hilary Appelman—by Hilary

to theSimonSchool. 19 SIMONBUSINESS Fall 2006 Fall06 1/2/072:50PMPage20 20 SIMONBUSINESS Fall 2006 ILA .SMNGAUT COLO UIESADMINISTRATION BUSINESS OF SCHOOL WILLIAM E. SIMON GRADUATE in theSchool’s History 1986—A Turning Point The SimonFamily Julie SimonMunro andKatieSimonMorris. Mary SimonStreep, Leigh SimonPorges, AimeeSimonBloom, A School of Business William E.Simon Graduate The School isrenamed the 1986 dministration. —(from left) BillSimonJr.,—(from left) J.Peter Simon, O what’s tohisfather’s ahead.”Andthatfocusistrue entrepreneurial vision. which Peter haschaired sincehisfather’s deathin2000. ontheSimoners alsoserve School’s Executive Committee, Advisory father in1988,aswell asthe William E.Simon Foundation. The broth- W values. servative The twooldest,Bill, 55,andJ.Peter Simon, 53,co-chair have keptalive theirfather’s legacy of leadership, philanthropy andcon- the ultimateentrepreneur.” tive andnegative. trepreneurial trailistheroad lesstraveled, fullofsurprisesbothposi- been well traveled, andthosewhoenjoy theroad lesstraveled. The en- says Bill. are “There somepeoplewhoenjoy goingdown apaththat’s illiam E.Simon &Sons, theprivate investment firmfoundedby their W “By definition,entrepreneurs are leaders,”henotes.“Dad wasreally “Entrepreneurship perspective inbusinessandlife,” isaparticular illiam E.Simon Sr.’s seven children—two sonsandfive daughters— S 1986 imon School,by contrast,“spends mostofitstimelookingat ther business schools “look in the rearview mirror and see ther businessschools“lookintherearview what’s worked,” notes William E.(Bill) Simon Jr., Esq. The School’s history. Salary offers made to graduates are the highest inthe Applications surge by 40percent. schools inthe nation. BusinessWeek Netherlands. The School launches anExecutive M.B.A. Program inthe $30 millionfund-raising campaign. William E.Simon and DeanPaul MacAvoy head a lists the School among the top 20business curriculum. introduced into the management teams is The concept of student 1988 Fall06 1/2/07 2:50 PM Page 21

WILLIAM E. SIMON GRADUATE SCHOOL OF BUSINESS ADMINISTRATION

Hard work and giving back have always been an integral part tions, Peter says. “I do believe of their lives, the Simon children recall. “My father wasn’t really that the School wants to hear into handing out money,” says Peter, who got his first job in what its alumni—its family— third grade helping the janitors at his school sweep floors. “You have to say.” had to ask him, and he’d say no if it wasn’t something you Strengthening alumni relations needed. Or, he’d tell you to get a job.” is crucial to graduate placement, The Simon children feel close to the Simon School, the broth- he adds. “In the end, the most ers say, and take an active interest in its welfare. Both brothers important job is getting jobs. have high praise for Dean Mark Zupan and his efforts to im- Once you do that, you’re going to prove the School’s visibility and rankings and attract high-caliber find yourself very popular.” students. “Dad was always someone who wanted to go further, to Peter says he expects the average J. Peter Simon improve, to set a new standard,” says Bill. “I think the standard age of M.B.A. students to continue to be lower, with growing he would be setting is the one we’re pursuing.” numbers of students entering business school right out of college. Peter credits Zupan with reaching out to graduates and revital- He is enthusiastic about the growth in flexible M.B.A. programs izing the School’s alumni network. “The response has been ter- and programs tailored to specific companies that accommodate rific,” he says. One result: expanded participation in Executive students who continue working while they pursue a business de- Advisory Committee meetings. While the committee is a non- gree. “I think that’s really where we—and all business schools—are governing advisory board, the School is receptive to its sugges- growing,” he says. “People ask me, should I go back to business

1990 U.S. News & World Report 1991 magazine ranks the School among the top 25 1991 The School launches an graduate business schools The Simon School’s Freedom Prize is executive program in Australia, in the United States. awarded to Dr. Henry A. Kissinger. the Australian Simon University.

1989 1991 A $16 million con- Schlegel Hall is dedicated. struction project is announced that in- cludes Schlegel Hall,

the renovation of BUSINESS Fall 2006 Dewey Hall, and the renaming of a school building as Carol G. SIMON Simon Hall. 21 Fall06 1/2/072:50PMPage22 22

SIMONBUSINESS Fall 2006 1992 and the AlumniAdvisory Council are formed. The Faculty CommitteeonTeaching Excellence participate inforeign exchange programs. International Management, enabling students to The faculty approves anew concentration in ILA .SMNGAUT COLO UIESADMINISTRATION BUSINESS OF SCHOOL WILLIAM E. SIMON GRADUATE during arecent visittocampus. Three’s company appointed dean. national distinction, is an economist of inter- Charles I.Plosser, 1993 — The Simonbrothers andDeanMarkZupan(farright) plemented. Program isdeveloped and im- The student-run VISION 1993 1994 Finance iscreated. The M.S.Program in Seminar Seriesbegins. The MaxFarash their parents toCovenant House inNew York Citytoserve have thosesinkin.” ofourlives,” saysPeter.part values—you can’t “Those helpbut and togive backtotheircommunity. “That’s alwaysbeenabig ofthefreeextolling thevirtues market—to begoodCatholics we worked on Wall Street, sethighstandards forhisoffspring. They was 30years ago,hesays. is “much, muchmore demanding” ofgraduatedegrees thanit Butone—just ascollegeisnotforeveryone.” thebusinessworld y y different pathsthat you cantravel, andbusinessschoolcangive believers are inthevalue ofabusinesseducation.“There alotof hours won’t kill school fulltime?Isay, absolutelynot—goatnight. The extrafour ou choose,”saysBill. ofwhatever path ou afoundationtodealwiththeuncertainties N On The Simon children grew upinSummit, N.J.Simon Sr., who While neitherSimon brother holdsanM.B.A.,theyare strong re otes Peter: “Idobelieve thatgraduateschoolisnotforevery-

expected towork hard—Peter saysheoftenheard hisfather

Christmas Day, theSimon children wouldaccompany y ou.” W The first Simon School 1995 eb siteislaunched. M.B.A. programs. (Switzerland) executive the Rochester-Bern (the Netherlands) and Ro The School opens the 1995 chester-Nyenrode Fall06 1/2/07 2:50 PM Page 23

WILLIAM E. SIMON GRADUATE SCHOOL OF BUSINESS ADMINISTRATION

meals to homeless and runaway children, remembers sibling, very hard and made a good buck. It was a very positive experi- Leigh Porges. Simon Sr. talked “all the time” about “how impor- ence. When I came back for my senior year, I was ready to go to tant it was to give back, and how fortunate we were,” she says. Wall Street. I wanted to go to work.” After graduating, he Bill was a serious student and athlete, a top tennis and squash worked at Kidder, Peabody & Co., where he became a specialist player. “Billy was always an excellent student,” says Peter. “He in convertible securities, warrants and options. spoke two languages fluently before he got out of high school, he Bill graduated from Williams College and Boston College Law was an honor roll student, Williams College early decision, cap- School, then worked as an assistant U.S. attorney in the tain of the tennis team—and he always deserved it. Southern District of New York under then-U.S. Attorney “In contrast, I was all over the place. I sang, acted, played foot- Rudolph Giuliani. ball. I was always into having fun.” But Peter also liked to work, Bill’s next stop was Wall Street, where he worked as a foreign he recalls. As a child, he started his own snow-shoveling business. exchange trader and manager at Morgan Guaranty Trust Co., “I always enjoyed having money in my pocket—and unless you now J. P. Morgan Chase & Co. In 1988, the brothers joined steal it, you’ve got to earn it.” William E. Simon & Sons. Working with their father was a chal- Peter studied psychology and religion at Lafayette College, his fa- lenge, Peter says. “My father was very volatile. He was tough to ther’s alma mater. “My attitude was: ‘I don’t want to take any busi- everybody. From doormen to presidents, he never hesitated to ness,’ ” he remembers. “I took a full year of economics and decided express himself or his opinions.” it was the singlehandledly most boring thing I’d ever been part of.” But, he says, “It was quite an education to work for my father. The summer before he graduated, Peter worked door to door He had his principles and he stuck to them. He did not suffer selling prerecorded cassette tapes. “I loved it!” he says. “I worked fools gladly, as anybody can tell you.” For his part, Simon Sr. was

1996 Carol G. Simon Hall is dedicated. 1996 William E. Simon deliv- The School is again 1998 ers the 10th anniversary ranked among the top The Kauffman Entrepreneurial commencement address. 25 schools of business Internship Program is by BusinessWeek. established.

1996 1997 1997 The Florescue-von Manstein Former Xerox C.E.O. David T. Kearns The School receives Plaza is dedicated. receives the inaugural David T. Kearns the Templeton Award Medal of Distinction. for Distinction in Curriculum and Faculty (Templeton Honor Rolls). BUSINESS Fall 2006 SIMON

23 Fall06 1/2/072:51PMPage24 P his strategic plan,“The Dean Plosser announces 1999 24 SIMONBUSINESS Fall 2006 ath to Excellence.” W illiam E.SimonJr. quickly.” look inthemirror andsaywe’ve allowed government togrow too dials, government stillgrows atanunacceptablepace. We have to get more. Even whenwe Republicans control allthebuttonsand “ that anyone couldwant.” I’ve gotPete—I cancomeinandout.He’s thebestpartner Godand outoftheprivate andpublicworlds,Bill says.“Thank ILA .SMNGAUT COLO UIESADMINISTRATION BUSINESS OF SCHOOL WILLIAM E. SIMON GRADUATE The role ofgovernment never seemstogetless;italways Wo r king withhisbrother allows himthefreedom tomove in Gleason Hall. begin James S. ’68* J le A $4million 2000 ames S.Gleason ad He California governor’s racein2002. father’s footsteps,enteringthe P and Ford. Bill, wholives inPacific S pansion ofgovernment, hesays. the tradedeficitandconstantex- P ve ership giftfrom ecretary underPresidentsecretary Nixon alisades, Calif., hasfollowed inhis eter notes.“He saidthatoften.” is announced to ry Si

is concernedaboutthegrowth of

mon Sr. asU.S. served Treasury proud towork withhissons, 2000 planning, islaunched. with afocus on career Orientation Program The Pre-Term William E.Simon dies. d James S.Gleason Hall is 2001 edicated. family hascreated the William E.Simon Family ScholarshipFund. withtheUniversityinterview of Vermont, heralmamater, where the daughter Julie Munro, wholives inSan Francisco, saidinapublished make adifference intheworldandgive backtoyour community,” kids canbefitanddevelop self-respect.” team; it’s forthekidswhodoP.E.,” hesays.“It’s aprogram where “ nology andteachertrainingtoLosAngelespublichighschools. physical fitnessprogram thatprovides exercise equipmentandtech- S gram sheco-foundedthatfulfillswishesforadultswithcancer. S television andothermedia,saysPeter. LeighPorges, wholives in live inNew Vernon, N.J.Bloom isactive inherchurch andwith in arangeoftheirown philanthropic activities. This particular program isnotforkidsonthefootballorbasketball This particular imon Jr. Foundation, whichfunds“Sound Body, Sound Mind,” a hort Hills,hort Happiness Unlimited, N.J.,runs anon-profit pro- The youngest Simon siblings,AimeeBloom andKatieMorris, Si Ma In B ill andhiswifehave alsofoundedtheCynthia L.and William E. mon Sr. earlythatit’s “impressed onallofusvery to important

addition toraisingfamilies,theSimon children are involved ry

St r eep, theoldestsister, isinvolved tocleanup inefforts d Nasdaq’s Frank Zarb 2001 Me William E.Simon elivers the inaugural m orial Lecture. Alumni 2001 and New York City. on the World Trade Center in in the 9/11 attacks Zhe (Zack) Zeng ’98 J effrey R.Smith ’88 perish h Fall06 1/2/072:51PMPage25 is announced. areas of concentration Program, withfive The Certificate 2002 where, allofasudden,thedonor’s intentwasnotbeingobserved.” underlying purpose,”saysBill. “He sawtoomanyfoundations thatthereportant beatermonanyfoundation,regardless ofthe the lifetimeofseven Simon children. Simon Sr. “felt it’s im- through whichtheymayhelpthemselves.” mission isto“assist thoseinneedby providing themeans tions, aswell astotheSimon School. The foundation’s stated hospitals, schools,universities, churches andfaith-basedorganiza- Si philanthropy thatachieves “genuine results.” P awards created by thefoundation, William E.Simon Prizes in paid tooutcomesandhow themoneyisbeingspent.” Two often lackinginthephilanthropic world.“Too littleattentionis know we’ve gotabigobligation.” M ADMINISTRATION BUSINESS OF SCHOOL WILLIAM E. SIMON GRADUATE hilanthropic LeadershipandSocial Entrepreneurship, encourage mon Foundation, whichgives about$10millioneachyear to eals-on-Wheels, andMorris isbusywiththree smallchildren. The Simon children are allactively involved the inrunning The foundation is run likeabusiness,saysBill,The foundationisrun something As aresult, hesays, “we operatewithasenseofurgency. We The foundationischargedwithgivingawayallitsmoneyover Plosser. Arizona, succeeds Dean at the University of College of Management d Mark Zupan, 2004 ean of the Eller f ormer Aw Contributions to Accounting Literature American Accounting Association’s Seminal f Professor 2004 ormer Professor Ross L.Watts receive the ard, the field’s highest honor. Jer statue inGleasonHall. Fo r give me,Dad old L.Zimmerman — The Simonbrothers share alightheartedmomentattheirfather’s and anniversary. celebrates its 40th The Ph.D.Program 2005 *Executive M.B.A.graduate initiative islaunched. The 2005 Early Leaders ™ 25 SIMONBUSINESS Fall 2006 Fall06 1/2/072:51PMPage26 26 SIMONBUSINESS Fall 2006 ILA .SMNGAUT COLO UIESADMINISTRATION BUSINESS OF SCHOOL WILLIAM E. SIMON GRADUATE Re ma in aninterest as well performance as professional and based uponoutstanding academic candidates of group awarded are toaselect School. The fellowships the benefactor andnamesake of Simon, generous by have beenestablished Simon Leadership Fellowships Simon LeadershipFellowships C C C Salwan, Guodong Wang V Cr V Ozalp, Malati Patil, Jai Ramachandran, Lilyana My Romajas. c h io onaini oo fthelate William E. the Simon Foundation inhonorof las asof lass las ki pet are: ipients ihvMahajan, BoQi,Matthew JohnRice, Rishi aibhav alcheva omwell, Feng Ge,Mihaela Giurca, Hassan B.Javaid, ng ko so so

la infcn matintheworld around them. impact a significant f f

2006: 2007: 2008: (Nick) Krasnokut, Opeyemi Omo-Ettu, Murat and Jason Walters. ailBkr ae Reeder Baker, James Daniel Somendu Chakraborty, Matthew W. rcAllen, Ryan Freeman, Jason Hall, Eric scholarship begins. of tion withatop prize Scholarship competi- Business Simulation The first Online 2005

a full-tuition and Ma r tin O. Wodi. le graduates of liberal arts col- juniors, seniors and recent Institute @Simon for college The Summer Business 2006 of of (B.S.), chairmanand C.E.O. support of g MLH CapitalL.L.C. es islaunched withthe and Jason Ed Hajim’58 an area thatanybusinessschoolwouldbewisetofocuson.” said it’s harder togive awaymoneythantomakeit.Idothinkit’s it’s inthesocialarea,” alsoimportant saysBill. “Many peoplehave freelance writerinRochester, N.Y. H that’s agoodenoughlegacyforme.” cause theywantto,notbecausehave to,”saysPeter. “And others—be- ontheSimon familytraditionofserving and carry see where Icanbe helpful.” totakemyselfoutofthemixand else willfallintoplace.Itry andeverything tothinkofwayswhere Icanbeofservice, try ilary Appelman, Press Associated aformer ilary correspondent, isa “I’d likemyfourchildren tobehappy, stableandproductive Asked whathehopeshisown legacywillbe,Bill says:“Ijust “Entrepreneurship inthebusinessarea, isnotonlyimportant Philadelphia. Fe is appointed president of the F 2006 ormer DeanCharles I.Plosser de ra l Reserve Bankof posted onthe Web. The School’s first blog is 2006 SB Fall06 1/2/07 2:51 PM Page 27

WILLIAM E. SIMON GRADUATE SCHOOL OF BUSINESS ADMINISTRATION Report On Giving

Message from Andrew Chang ’07

As president of the Graduate Business Council students that might not otherwise have come to (G.B.C.), it is my great honor to lead a group of Rochester had it not been for the scholarship sup- students, elected by their peers to represent the port that the School was able to offer. Simon community, whose aim is to enhance and Simply put, your support of the Annual Fund expand the academic, social and career opportuni- makes the School better each day, and has an im- ties available to all Simon students. Our group pact in some way on all Simon students in all of seeks to build interdisciplinary partnerships across our programs: full- and part-time M.B.A., M.S., the University of Rochester campus, foster a forum Ph.D., executive M.B.A. and certificate. for the free and open exchange of ideas on both On behalf of the G.B.C., I thank you for your curriculum and extracurricular activities, and in- past support of the Annual Fund and encourage crease meaningful interaction between Simon fac- you to either renew your support or give for the ulty and students and between Simon students and first time. We see each day how crucial annual giv- students from other areas of the campus. ing is to our School, and we thank you in advance In short, the G.B.C. takes as its primary respon- for your generous support. sibility the education of Simon students beyond Regards, the classroom. These extracurricular educational opportunities are among the key examples of what your support Andrew Chang ’07 of the Simon School Annual Fund makes possible. President, Graduate Business Council For instance, during the 2005–2006 academic year, the Annual Fund made it possible for the School P.S. Don’t forget that the value of your gift can be to send a team of students to the prestigious doubled, or even tripled, if you or your spouse Thunderbird Innovation Challenge, where the works for a matching gift company. Check with Simon team finished second in the nation. Simon’s your appropriate HR or benefits department for Annual Fund also directly helped the School attract more information. Alumni Annual Giving 2005–2006 This report lists all gifts made to the Simon School between July 1, Giving Levels (includes matching gift pledges) 2005, and June 30, 2006. Every effort has been made to include the Simon Founders $1,000,000+ names of all our donors and to ensure the accuracy of their names and giving levels. If you are aware of any errors or oversights, we apologize in Simon Benefactors $100,000 to $999,999 advance and ask you to call the Office of Alumni Relations and Simon Patrons $50,000 to $99,999 Development at (585) 275-7563. The corrections will be included in the next issue of Simon Business. Simon Directors $25,000 to $49,999 Simon Executives $10,000 to $24,999 All degrees listed are Simon School degrees only; other University of Rochester degrees are not noted. Executive M.B.A. Program graduates are indicated by (*). Simon Leaders $5,000 to $9,999 Deceased donors are indicated by (†). Simon Society $2,500 to $4,999 Simon Partners $1,000 to $2,499 Simon Fellows $500 to $999 Simon Associates $250 to $499

Simon Hundred Club $100 to $249 BUSINESS Fall 2006 Simon Donors $1 to $99 SIMON

27 Fall06 1/2/072:51PMPage28 28 SIMONBUSINESS Fall 2006 nomn upr amns$383,000 $1,082,000 $865,000 foundations thatsupportscholarships,facultyandfacilities Endowment paymentsfrom individuals,corporationsand Payments Endowment Support curriculumdevelopment,researchprevious andseminars classgifts; Includes studentactivities,clubsandinitiatives;paymentson Other OperatingSupport Includes corporatematchinggifts Annual GivingFund Payments2005–2006 OperatingSupport Simon SchoolFund Year 2006 Expenses 17% Operating Expenses 21% Administration University Central Income 29% Endowment Misc. Income6% Gifts, Grantsand prtn xess$ ,5,0 17% $4,251,000 62% $15,608,000 21% 29% 65% $5,325,000 $7,180,000 T 6% $16,388,000 Operating Expenses University CentralAdministrationExpenses $1,616,000 Salaries andBenefits T Gifts, GrantsandMiscellaneousIncome Endowment Income Net Tuition andFees tlEpne 2,8,0 100% $25,184,000 100% $25,184,000 otal Expenses otal Revenue ILA .SMNGAUT COLO UIESADMINISTRATION BUSINESS OF SCHOOL WILLIAM E. SIMON GRADUATE T T otal Expenses otal Revenue Benefits 62% Salaries and Fees 65% Net Tuition and G. Robert WitmerJr. Marian Stamm L Jack F.RatcliffeII Cathleen Paprocki Monica Nehra Mandeep K.Nehra Stephen C.Lynn Margaret Hubbard Betsey K.Haas Glennen Greer Mary P Charles Goodenough Dennis J.Gniewosz Anne Farnham Michele Romance Crain Chrissie Copoulos,R.N. Hollis S.Budd L Simon Partners R Joel Seligman Friederike Seligman Mariko Sakita-Mozeson Plosser Janet Schwert Charles I.Plosser Kimberly E.Pidherny L Carolyn MacDonald William I.Kohn Janis F.HicksGleason Simon Society L George J.SellaJr. P E.Messinger Martin L Simon Leaders Joel M.Stern J. Peter Simon Barbara Sassano Sue Reh Steffan W. Parratt Julene Gilbert Kimberley Fraher Donna MayCarlsonFielding Mark Fasold Andrew M.Carter Mary Bell Joseph M.Bell Simon Executives Mark Zupan Carol Shuherk Richard Sands Edmund A.Hajim Carolyn Ain Simon Directors Whitney Fay Wadsworth Suzanne S.Suter L.Suter Martin Marilyn SueRosen Simon Patrons The WilliamE.SimonFamily Colleen M.Anderson Agnes VanBranteghem Ackley Simon Benefactors Fr eslie HopeBraun eeAnn Miller eslie Zemsky ynda Rosen aurence H.Bloch atricia H.Phelps obert C.Taitobert II iends . Goodenough Jerold L.Zimmerman Dodie Zimmerman Cheryl Lynn Yawman P David L.Walbaum R CeCilia K.Urland Michal Spivak Igor Spivak John-Paul Roczniak Christian L.Meininger Amy Meininger Angela K.Lowder Diane Lerner Victor Laties FisherLatiesMartha Jeffrey P L R Stacey Gordon Felton M.Davis Diane E.Butler Simon Fellows Philip Prinzi Cem Ozkum Dawn S.McWilliams Gregory V. MacDonald Jacqueline Lewis-Kemp David Lewis Erin W. G.Lehmann R Michael Douglas Melissa DeBolt P Heidi Baer Sabrina Aldridge Simon Donors Kristy B.Zabrodsky John Zabrodsky III Zoe Wilmot Diana ChapmanWalsh Susan J.Streng Vineeta Salvi R Diane M.Romance Erik C.Rausch James P Cheryl AnnMoss George W. Luckey Doris Waring Luckey Donald J.Harter R James C.Eaton William A.Dowd Sarah Dowd Ralph Calabrese R Michael T. Armstrong Simon HundredClub Susan R.Wilkens Margaret MaryHerrmannTanner Sarah Paganelli Pickhardt Kathleen O’DonnellNewcomb Gary D.Minsavage Alan R.McGarry Heidi Lind Susie Dare Simon Associates oudes R.Kernin aulette Weinstein-Butler atricia S.Criticos enee M.Romance ebecca N.Austin obert S.Urland obert onald W. Hansen onald F.Dow W.obert Gibson . Prinzi . Knapp Fall06 1/2/07 2:51 PM Page 29

WILLIAM E. SIMON GRADUATE SCHOOL OF BUSINESS ADMINISTRATION

John R. Romance Simon Hundred Club Simon Donors Simon Associates Bernard S. Kahn, M.S. Ronald M. Schmidt Vaughan C. Judd, M.S. Kevin J. Donnelly, M.B.A. John J. Ekelund, M.B.A. John T. Long, M.B.A. Kristin A. Short William E. Lucey, M.B.A. Robert F. Witzel, M.S. Carl U. Foucht, M.B.A. Simon Hundred Club Andrea Smith Gary L. Grahn, M.B.A. Terrence J. Meyer, M.B.A. Simon Donors Arthur J. Bernstein, M.B.A. Charles R. Spencer Lewis F. Mayer Jr., M.B.A. William C. Schmidt III, M.B.A.* Vincent J. Ciulla, B.S. Ward W. DeGroot III, M.B.A. Diane H. Spencer Brian E. Pecon, M.B.A. Paul J. Turek Jr., M.B.A. Keith C. Herms, B.S. Theodore M. Edson, M.S. Eleanor Ann Koestner Weinstein John E. Potter, B.S. Eugene O. Wilson, M.B.A. Theodore F. Horvath, M.S. George E. Hedstrom, M.B.A. Steven J. Weinstein Daniel A. Lupiani, M.B.A. David S. Wiesner Class of 1968 Class of 1973 Class of 1964 Ray S. Messenger, M.B.A. Simon Society Jack W. Morrissey, M.B.A. Simon Patrons Class of 1959 Simon Benefactors James S. Gleason, M.B.A.* Eugene C. Murkison, M.B.A. Ralph R. (Roy) Whitney Jr., Edward J. Ackley, M.S. Simon Society M.B.A.* Simon Fellows Joseph D. Patton Jr., M.B.A. Richard A. Leibner, B.S. Simon Fellows Howard W. Vogt, M.B.A.* Timothy J. Leach, M.B.A. Simon Executives Donald M. Bay, M.S. Simon Associates John M. Sweeney, M.B.A. Simon Donors John L. Davies, M.B.A. David K. Clark, B.S. John R. Lanz, M.S. Earl N. Dunn, M.B.A. Mark A. Goldstein, B.S. Simon Hundred Club Simon Leaders Peter J. Mermagen, B.S. Richard S. Fitts, M.B.A.* Carl P. Foos, M.B.A. W. Barry Phelps, M.B.A. Simon Associates James S. Hutchinson, M.B.A. Simon Hundred Club Robert J. Hesselberth, M.B.A. Leonard L. Ciufo, B.S. Simon Society Daniel J. Flanagan, B.S. Thomas J. Keegan, M.B.A. John P. Reynolds, M.B.A. Larry Aiello Jr., M.B.A. Curtiss R. Hill, B.S. Simon Hundred Club Charles W. Miersch, M.B.A. Simon Donors Ramachandra Bhagavatula, Nelson P. Maracle, B.S. Peter J. Rossi, B.S. Peter T. Stubenvoll, M.B.A. Albert L. Burnett, B.S. M.B.A. James B. Watt, M.S. Simon Donors William G. Erwin, M.S. Class of 1971 Simon Partners Robert T. Burns, B.S. Simon Donors John M. Ferguson, M.B.A. Simon Associates Lawrence S. Hershoff, M.B.A. Donald W. Lewis, M.S. Adolf B. Zuch, B.S. Arthur M. Ferrance Jr., M.B.A. Richard T. Bourns, M.B.A.* Dennis S. Soter, M.B.A. Charles H. Kimball, M.B.A. Timothy J. Downs, M.B.A. Class of 1960 Class of 1965 Michael S. Terry, M.B.A. Simon Associates Stephen E. Golden II, B.S. James V. Finniss, M.B.A. Simon Associates Simon Fellows Class of 1969 Dana H. Hooper, M.B.A. Francis F. Roach, M.S. Evan M. Lebson, B.S. Thomas D. Lunt, M.B.A.* Simon Hundred Club Charles F. Bellavia, M.B.A. Simon Hundred Club Simon Hundred Club Simon Executives Kevin P. Wright, M.B.A. Dennis M. Peel, M.B.A.* Donald H. Heim, M.S. Robert J. Blossom, B.S. Leonard Schutzman, M.B.A. Simon Hundred Club Lynne Rogerson, M.B.A. Gene G. Hoff, M.B.A. Simon Donors Simon Partners Robert C. Bartlett, M.S. Joseph H. Safier, B.S., M.B.A. Pieter Punt, M.B.A. John S. Vangellow, B.S. Nicholas D. Trbovich, M.B.A.* Kenneth E. DiSanto, M.B.A.* Robert B. Seebach, M.B.A. Robert E. Waite, B.S. Simon Donors Peter L. Waasdorp, B.S., M.S. Terry L. Fraser, M.B.A. James H. Shear, M.B.A. James F. Taylor, M.B.A.* Roland J. Zavada, M.S. Robert R. Perry, M.B.A. Simon Fellows Simon Donors Charles A. Dowd Jr., M.B.A. Simon Donors Class of 1961 Class of 1966 Clifton R. Largess Jr., M.B.A.* Simon Hundred Club Douglas R. Amos, M.B.A.* Leonard J. Lyons, M.B.A. Simon Hundred Club Simon Benefactors Albert C. Crofton, M.B.A.* Edward P. Hart, M.S. Edward A. Meltzer, M.B.A. Joel H. Garson, B.S. Barry W. Florescue, B.S. Richard L. Dehm, M.B.A.* John M. Toler, M.S. Calvin A. Miller, M.B.A.* Russell L. Hatch, B.S. Simon Fellows George R. Michaels, M.B.A. Patricia O. Ross, B.S., M.B.A. David W. Petko, B.S. Class of 1972 Thomas L. Quinn, M.B.A. Albert W. Miller Sr., M.B.A.* Robert M. Weinstein, B.S., Simon Society Class of 1974 Simon Donors Simon Associates Joseph F. Hammele, M.S. M.B.A. Robert J. Keegan, M.B.A. Simon Executives David C. Heiligman, B.S., M.S. Wilmer P. O’Connell, B.S. Arthur P. Soter, M.B.A. Carlos P. Naudon, M.B.A. Kevin J. McCabe, M.B.A. Simon Donors Ted H. Schmidt, B.S. Benjamin S. Blanchard Jr., Simon Partners Simon Society Simon Hundred Club M.B.A.* Michael A. Braun, M.B.A. Alan J. Heuer, M.B.A.* Class of 1962 Thomas S. Foulkes, M.B.A. Glenn P. Meade, M.B.A. Sherman Farnham Jr., M.B.A. John J. Higgins, M.B.A. Simon Fellows Simon Hundred Club Joseph R. Nunn, M.B.A. Arthur L. Purinton II, M.B.A. Simon Fellows Elizabeth S. Hansen, M.S. Manfred Bayer, B.S. Peter B. Stock, M.B.A. Norman Siegler, M.B.A. Richard O. Bollam, M.B.A. John B. Robbins, M.B.A. Glenn O. Brown, M.S. Charles L. Smithers, M.B.A. Kenneth R. Kimbrough, M.B.A. Sharon G. Malcolm, B.S. Class of 1970 Simon Associates Parker L. Weld, M.B.A. Brian T. Ratchford, M.B.A., Ph.D. Phillip L. Schwartz, B.S. Simon Executives William E. Bond, M.B.A. Simon Donors Simon Associates Paresh J. Davda, M.B.A. Simon Donors Francis G. Creamer Jr., M.B.A. Jack L. Bartlett, M.S. Sidney L. McAllister, M.B.A. Daniel T. Drewek, M.B.A. Richard H. Arfman, M.B.A. Stuart F. Platt, M.B.A. Ridley M. Ruth, M.B.A. Walter C. (Terry) Newcomb II, Milton R. Long Jr., M.B.A. Robert H. Conn, U.S.N., M.S. William F. Schmitt, B.S. Simon Leaders M.B.A. Gerald E. Douglass, M.S. Bruce M. Greenwald, B.S., Simon Hundred Club Bernard M. Sencer, B.S. Simon Hundred Club Richard T. Gates, B.S. M.B.A. Charles E. Dewitte, B.S., M.B.A. Edward D. Johnson, B.S. Keith A. Barnes, M.B.A. Richard H. Franke, Ph.D. Class of 1967 Simon Partners Harold A. Sargeant, B.S. Michael N. Copanas, B.S. Jay H. Goldstein, M.B.A. Simon Directors Charles R. Hughes, M.B.A. Reuben T. Harris Jr., M.B.A. Steven W. Graham, M.B.A. Class of 1963 Mark S. Ain, M.B.A. Rajendra K. Khanna, M.B.A. Ralph J. Ullman, M.B.A. Alan C. Hasselwander, M.B.A.* Simon Fellows Thomas R. Watson, M.B.A. Michael L. Kehoe, M.B.A. Simon Associates Simon Executives James E. Eden, M.B.A.* Edward M. Rice, M.B.A. BUSINESS Fall 2006 Bruce A. Hopkins, B.S. David Reh, M.B.A. Simon Donors Louis M. Morrell, M.B.A. Thomas A. Terry, M.B.A. Freeman C. Lewis, M.S. Alan R. Hickok, M.B.A.* Simon Associates Steven A. Rothschild, B.S., Richard C. Johnson, M.B.A. William K. Whitworth, M.B.A. Don J. Cushing, M.S. M.B.A. SIMON

*Executive M.B.A. graduate 29 Fall06 1/2/072:51PMPage30 30 SIMONBUSINESS Fall 2006 Gary H.Smith,M.B.A. M.B.A. Gary J.Hilkert, Richard S.Herlich,M.B.A. L Carol D.Foster, M.B.A. Eric R.Bennett,M.B.A. Simon Donors David N.Thrope, M.B.A. Arlene D.Thrope, M.B.A. Barbara AmdurRosenbaum, Richard D.McGavern,M.B.A.* Mark A.Maxim,M.B.A. Frederick V. Krumm,M.B.A. Richard J.Kievit,M.B.A.* Susan Yurash Close,M.B.A. Simon HundredClub James C.Witzel,M.B.A. Simon Associates P P Simon Fellows R Simon Partners R Jay StevenBenet,M.B.A. Simon Executives Class of1976 T John M.Kuebel,M.B.A.* R S. DavidCoriale,M.B.A. R Simon Donors Alan R.Skupp,M.B.A. Frank J.Greco Jr., M.B.A. Michael A.Douglass,M.B.A. L Simon HundredClub Fredric M.Zinn,M.B.A. Richard N.Skuse,M.B.A. John R.Henrie,M.B.A. M.B.A. Randall K.Bart, M.B.A. Barbara D.Bart, Simon Associates R P Simon Fellows Carl C.Williams,M.B.A.* Carl E.SassanoII,M.B.A. Joseph T. Willett,M.B.A. Simon Executives Francis L.Price,M.B.A. Simon Directors Class of1975 David L.Wilson,M.B.A. James R.Unckless,M.B.A. Michael C.Margolis, M.B.A. P Jerome M.Alvermann,M.B.A.* Simon Donors eunis J.Ott,M.S.,Ph.D. aurie MitchellGarbarino,M.B.A. awrence D.Brown, Ph.D. eter H.Durant,M.B.A. aul A.Tasca, M.B.A. aul S.Goldberg, M.B.A. aul A.Langlois, M.B.A. obert J.Castellani,M.B.A.* obert onald H.Fielding,M.B.A. odney L.Grigg,M.B.A. R.Cooper,obert M.B.A. J.O’Brien,M.B.A.* obert M.B.A. ILA .SMNGAUT COLO UIESADMINISTRATION BUSINESS OF SCHOOL WILLIAM E. SIMON GRADUATE Simon Associates William J.Strassburg, M.B.A. Stephen W. Shepard, M.B.A. R Simon Fellows Stephen C.Graves,M.S.,Ph.D. Simon Partners Marla J.Williams,M.B.A. David J.Burns,M.B.A. Simon Society R Simon Leaders Jeff E.Margolis, M.B.A. Janice M.Willett,M.B.A. Simon Executives Class of1978 John G.Yingling,M.B.A. William E.Williams,M.B.A. Melinda MoyerWhitbeck,M.B.A. L M.B.A. Jeffry A.Schwartz, George J.McLoughlin, M.B.A. Gregory W. Matthes,M.S. Mona S.Klahn,M.B.A. Simon Donors Jan M.Shack,M.B.A. John F.Hill,M.B.A. John B.Henderson,M.B.A. Richard W. Grilli,M.B.A. Gary S.Connors,M.B.A. Craig R.Chormann,M.B.A. Simon HundredClub Raymond V. Malpocher, M.B.A. Frank J.BellaviaJr., M.B.A. David G.Anderson,M.B.A. Simon Associates Class of1977 Bruce B.Wyner, M.B.A. Richard M.Wise,M.B.A. R Simon Donors Fred W. Thomas,M.S. L Vincent A.Renzi Jr., M.B.A. Thomas G.Phelps,M.B.A. Richard J.Oparowski, M.B.A. Edward K.Mettelman,M.B.A. Jack A.Karet, M.B.A.* Frank S.Karbel,M.B.A. Fujio Hayashi,M.B.A. E. JoyceGrant,M.B.A. Shirley J.Edwards, M.B.A.* Arlene M.Carroll, M.B.A. Scott W. Abercrombie, M.B.A. Simon HundredClub David K.Young, M.B.A. John J.Mahar, M.B.A. R Hannelore Woodin Hess,M.B.A. Kathleen AnnColliflower, M.B.A. ynne M.Taylor, M.B.A. awrence G.Smith,M.B.A.* ebecca BankenBrindle,M.B.A. obert C.Lerner,obert M.B.A. M.Osieski,M.B.A. obert obert M.Hess,M.B.A. obert Neal F.Herman,M.B.A. Carolyn Perry Grow, M.B.A. Marianela R.DelPino-Rivera, Sanjai Bhagat,M.B.A. Simon HundredClub Thomas C.Vance, M.B.A. Donald H.Paston, M.B.A. R William D.Jones,M.B.A. K R Simon Associates Steven S.Levinn, M.B.A. Lin-Mei HsuKravis,M.B.A. Harvey L.Kravis,M.B.A. Michael W. Kernin, M.B.A. Prem C.Jain,M.S.,Ph.D. Simon Fellows Chavis AliceWilliams,M.B.A. L.Stern,M.B.A. Martin Simon Partners M.B.A. Thomas J.Hartman, Simon Leaders R Simon Executives John W. Anderson,M.B.A. Simon Benefactors Class of1980 Michael M.Wagner, M.B.A. Stephen E.Townsend, M.B.A. Howard Sammann,M.B.A.* Richard A.Biegun,M.B.A. Simon Donors R Barbara AnnSeneca,M.B.A. Gary P Nancy E.MellenHerbrand, Donald W. Haller, M.B.A.* John A.Foster, M.B.A. Richard S.Bloss,M.B.A. Simon HundredClub Sandra B.Schiffman,M.B.A. Mark R.Garrison,M.B.A. Brown,J. Burton M.B.A.* Simon Associates Steven L.Hofler, M.B.A. Jack H.Chernus,M.B.A. Simon Fellows Avner Kalay, M.S.,Ph.D. Samuel T. Hubbard Jr., M.B.A. Jeffrey G.Anderson,M.B.A. Simon Partners Donald H.ChewJr., M.B.A. Simon Society Donna L.Matheson,M.B.A. Donald L.(Skip)Conover, Simon Executives Class of1979 eith E.Harrison,M.B.A. obert D.Lorenz,obert M.B.A.* Carberry,obert M.B.A. O.obert Hudson,M.B.A.* onna Y. Treier, M.B.A.* M.B.A. M.B.A. M.B.A.* . Knoblach,M.B.A. R Linda L.Wittmershaus-Macik, Richard C.Wilson,M.B.A.* Karen JuddThomas,M.B.A. Stanley J.Refermat, M.B.A. William J.Reddy, M.B.A.* W Thomas E.McCullough,M.B.A. Mary KatherineMacNeil,M.B.A. obert W.obert Holthausen,M.B.A., Christine A.Goodenough Thomas Lys, M.S.,Ph.D. Russell P Simon Partners W. P K Simon Executives Class of1982 John K.Secker, M.B.A.* P O’Donnell,M.B.A. Jane Stewart Michael J.Kroeger, M.B.A. Jeannine SchmidtGambrel, William O. Cranshaw,M.B.A. Simon Donors R John B.O’Connor, M.B.A. David B.Meister, M.B.A. R Gary Lisy, M.B.A. Edward S.Hollshwandner, M.B.A. Allen D.Gundlach,M.B.A. Simon HundredClub Om P David J.Oliveiri,M.B.A.* Simon Associates Andrew S.Feld,M.B.A. Nickolas A.Backscheider, Simon Fellows P Simon Society Christopher T. Dunstan,M.B.A. Simon Executives Class of1981 M. KatherineWhipple,M.B.A. P Uchila N.Umesh,M.B.A. John L.Rusnak,M.B.A. Craig K.MacVittie,M.B.A. Susan DianaJohnsonLandis, Cynthia Lebel Kahn,M.B.A. David C.Johnson,M.B.A. Virendra K.Gupta,M.B.A.* Nancy L.Boswell,M.B.A. Simon Donors ayne H.Mikkelson,M.S.,Ph.D. eggy GraessleWier, M.B.A., amela T. Collins,M.B.A. aul F.Schneider, M.B.A. aul S.Wayland-Smith, M.B.A. M.B.A. M.S., Ph.D. evin P obert J.Whitbeck,M.B.A. obert C.Maddamma,M.B.A.* obert

R M.B.A. M.B.A.,* Ph.D. M.S., Ph.D. M.B.A. Barry Gilbert, M.B.A. Barry Gilbert, oberts, M.B.A. oberts, . Popli, M.B.A.* . Collins,M.B.A. . Beyer, M.B.A. Class of1983 Janet Webster, M.B.A. Norman A.Karsten,M.B.A.* Harvey H.Jacobson,M.B.A. M.B.A. Bernt D.Hoppert, W P David C.Dennett,M.B.A. Simon HundredClub Frank P Kristine AnnZabinski Simon Associates Ty Simon Fellows James J.Malvaso,M.B.A.* Simon Fellows Thomas M.Pianko, M.B.A. Simon Partners Evans Y. Lam, M.B.A. Simon Society Michael P Simon Executives Class of1984 Thomas E.Thaney, M.B.A. Richard G.Schiavo,M.B.A.* William M.Prohn, M.B.A. K John C.Buttrill,M.B.A.* Simon Donors Anthony G.Wilson,M.B.A. E.Weisenbeck, M.B.A. Kurt Anthony J.Tangires, M.B.A. Craig T. Sheetz,M.B.A. P Raymond J.Parker, M.B.A.* Helen KatherineNegus,M.B.A. R Rachel A.Heisler, M.B.A. P P R K Simon HundredClub R Scott M.Blum,M.B.A. Simon Associates Barbara J.Purvis, M.B.A. Simon Fellows Judson A.Utley, M.B.A. Scott D.Pomerantz, M.B.A. Brenton D.Anderson,M.B.A. Simon Partners Kathy NadineWaller, M.B.A. Gary P Simon Leaders Michael S.Rosen, M.B.A. Simon Patrons Andrew M.Butler, M.B.A. eter Rumrill,M.B.A. eter Greaves-Tunnell, M.B.A. aul M.Dougherty, M.B.A. atricia F.Habben,M.B.A. enneth C.Favata,M.B.A. evin M.Burns,M.B.A. obert J.Leonard,obert M.B.A. C.Cordes,obert M.B.A. H.Parkerobert Jr., M.B.A. endy Ainsworth Harter, M.B.A. endy Ainsworth r one Austin,M.B.A. Birmingham, M.B.A. . Johnson,M.B.A. . ChristianIII,M.B.A. . Ryan,M.B.A. Fall06 1/2/07 2:51 PM Page 31

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Simon Associates Robert F. Habig II, M.B.A. Simon Society Ho Young Kim, M.B.A. Scott K. Dunnihoo, M.B.A. Arthur L. Nesslage, M.B.A. Lawrence E. Kozlowski, M.B.A. John C. MacDonald, M.B.A. Mark A. Redline, M.B.A. Asher Flint VII, M.B.A. Mary Ann Grad, M.B.A. Martha M. Osowski, M.B.A. Charles S. Scully, M.B.A. Simon Partners Simon Fellows Patrice D. Scully, M.B.A. Carol S. Plantz Guerrette, M.B.A. Simon Hundred Club John P. Adams, M.B.A. Roger W. Bredder, M.B.A. Clifford R. Thumma, M.B.A. Stephen J. Khederian, M.B.A. Roland A. Caputo, M.B.A. William C. Frank, M.B.A. Rajiv M. Dewan, M.B.A., Ph.D. Kotaro Tomino, M.B.A. Mitchell K. Long, M.B.A. Jean H. Carnavos, M.B.A. Ronald J. Paprocki, M.B.A.* Ellen M. Willand, M.B.A. Sharon M. Puccio Phillips, William T. Evans, M.B.A. Simon Hundred Club Simon Fellows Simon Associates M.B.A. Eric E. Fredericksen, M.B.A. Saligrama R. Agnihothri, M.S., Robert J. Thompson Jr., M.B.A. Kathie A. Keller, M.B.A.* Steven J. Romocki, M.B.A. Michael J. Gedzelman, M.B.A. Ph.D. Jonathan B. Polansky, M.B.A. Scott D. Shira, M.B.A. Gerald S. Johnson Jr., M.B.A. Elizabeth D. Bishop, M.B.A. Simon Associates Josephine S. Trubek, M.B.A.* Janet Towne Spencer, M.B.A. Samuel R. King, M.B.A. John R. Cherry, B.S., M.B.A.* Amit Basu, M.S., Ph.D. Simon Hundred Club Thomas H. McLain, M.B.A. Tracy Heimburg Costanzo, M.B.A. Cathleen Margarete Frank, M.B.A. Class of 1989 Dion C. Smith-Dyke, M.B.A. Andrew D. Fornarola, M.B.A. Thomas B. Hambury, M.B.A.* Donna Marie Verso Berzolla, Beth G. Tallman, M.B.A. Rhonda D. Cunningham Holmes, Kenneth W. Moore, M.B.A. M.B.A. Simon Society Suzanne Williams Vary, M.B.A. M.B.A. Li-Wei Ko Chiang, M.B.A. Efrain Rivera, M.B.A. Simon Hundred Club Janet L. Dobbs, M.B.A. Bruce E. Wandelmaier, M.B.A. Robert S. Karz, M.B.A.* Craig Ashinoff, M.B.A. Simon Partners Dennis P. MacMahon, M.B.A. Edwin M. Erickson, M.B.A. Simon Donors Douglas P. Connolly, M.B.A.* Peter L. Gaylord, M.B.A. Mark D. Moskowitz, M.B.A. Cynthia L. Kershner Harper, Edward D. Kress, M.B.A. Alan R. Durie, M.B.A. Linda T. Hollembaek, M.B.A.* José A. Piazza, M.B.A. M.B.A. Frank R. Maston Jr., M.B.A.* Kathleen S. Larsen, M.B.A. Nicholas Jenkins, M.B.A. Bernard L. Salamone, M.B.A. Thomas P. Nescot, M.B.A. David N. Richardson, M.B.A. Mickey J. Orr, M.B.A.* Loic P. Meston, M.B.A. Nancy Warren-Oliver, M.B.A. Douglas K. Robinson, M.B.A.* Christine Ann Stocker Surette, Helen D. Newman, M.B.A.* Linda C. Fillingham Weitzel, Simon Donors Judith E. Szustakowski, M.B.A. M.B.A. Sanjay Vatsa, M.B.A. M.B.A. Judy Cuthbert Babbitt, M.B.A. Simon Donors Linda Christine Hornik Bailey, Karen L. Bernhardt, M.B.A.* Simon Fellows Class of 1985 Simon Donors M.B.A. Craig I. Mondschein, M.B.A. Steven G. Austin, M.B.A. Karen Lee Bresnahan-Uthman, Simon Executives Michael J. Elwood, M.B.A.* Ronald G. Tomaszewski, M.B.A. Charles F. Beck, M.B.A.* M.B.A. Mark D. Quinlan, M.B.A. Robert B. Hall, M.B.A.* Philip H. Yawman, M.B.A. Andrew S. Blake, M.B.A. Michael L. DeMaria, M.B.A. Lisa M. Love Hopkins, M.B.A. William A. DiCesare, M.B.A. Simon Associates Simon Leaders Beth A. Fahy, M.B.A.† Betsy L. Nichols Joynt, M.B.A. Timothy J. Kindler, M.B.A. Barbara L. Consler, M.B.A. Lance F. Drummond, M.B.A.* Paul D. Harjung, M.B.A. Elizabeth Anne Shrier, M.B.A. Amy Dunham McHale, M.B.A. John K. Leister, M.B.A. Simon Society Peter M. James, M.B.A. Thomas C. Strasenburgh, M.B.A. Joseph P. Kent, M.B.A. Walter N. Nelson, M.B.A.* Dana K. Miller, M.B.A.* Mark H. Mozeson, M.B.A. Eric J. Vangellow, M.B.A.* Anthony C. Mazzullo, M.B.A. Linda B. Pirollo, M.B.A. Jeffrey L. Rummel, M.S., Ph.D. Brian T. Rhame, M.B.A. Mary Ann Oppenheimer, M.B.A. Elizabeth A. Sager, M.B.A. Samuel H. Ticknor, M.B.A. Amy L. Tait, M.B.A.* Class of 1987 Thomas R. Shone, M.B.A. Joel F. Potter, M.B.A. Simon Hundred Club Simon Executives Robert H. White, M.B.A. Simon Partners Sara R. Salloum, M.B.A. Mark A. Anderson, M.B.A. Randall A. Krolewicz, M.B.A. James C. Weaver, M.B.A.* Clifford J. Corrall, M.B.A. Class of 1988 Steffler Newlin Balsley, M.B.A. Simon Fellows Simon Leaders David J. Cole, M.B.A. Scott J. Gordon, M.B.A. Class of 1986 Alan S. Zekelman, M.S. Simon Partners Robert B. Klie, M.B.A. Ebrahim Busheri, M.B.A. Kumaravelan Thillairajah, M.B.A. Simon Executives Simon Society Edmund L. Luzine Jr., M.B.A. Juan C. Jones, M.B.A. John F. Maloy, M.B.A. Jon D. Van Duyne, M.B.A. Timothy W. Williams, M.B.A.* Dennis M. Pidherny, M.B.A. Kristine Ellen Lemke, M.B.A. William G. McNeice, M.B.A. Simon Associates Simon Leaders Simon Partners Rita L. Ratcliffe, M.B.A.* Brian P. Meath, M.B.A. Sondra C. Franzen, M.B.A.* Taj S. Bindra, M.B.A. Michael C. Eberhard, M.B.A. Alan R. Rosen, M.B.A.* Elizabeth A. Pollard, M.B.A. W. Scott Gould, M.B.A.* Howard A. Zemsky, M.B.A.* Suzanne Cupolo Eberhard, M.B.A. Dean G. Tucker, M.B.A. Gregory P. Quintana, M.B.A. Diane Zavacki Tucker, M.B.A. John P. Wickson, M.B.A. Deborah L. Stolz Whitehead, Simon T. Wu, M.B.A. M.B.A. Simon Donors Simon Fellows Frank M. Diorio, M.B.A.* Robert E. Butler, M.B.A.* James G. Dole, M.B.A. James C. Schwartz, M.B.A.* Debra K. Goldberg, M.B.A. Alice Lee Calabrese Smith, M.B.A. Randall M. Hoes, M.B.A. Peter L. VonNordheim, M.B.A.* John S. Mooney, M.B.A. Simon Associates Christopher A. Moore, M.B.A. James R. McConeghy Jr., M.B.A. Mary Ann Moore, M.B.A. Timothy D. Smith, M.B.A. Ann Shipper Oates, M.B.A. Nicholas T. Voulgaris, M.B.A. J. Theodore Smith, M.B.A. Stephen J. Wydysh, M.B.A. Simon Hundred Club Alphonse T. Alaimo, M.B.A. Class of 1990 George O. Bergantz, M.B.A.* Rocco Colangelo Jr., M.B.A. Simon Partners Alan S. Gellman, M.B.A. James V. Hemenway, M.B.A. Craig A. Keefer, M.B.A. Simon Fellows At Commencement ceremonies in June 2006, E.M.B.A. graduates showed their support for Ana M. Macía Patricia A. St. Leger, M.B.A. Theodore A. Fagenson, M.B.A. BUSINESS Fall 2006 Castillo, their classmate battling cancer, by wearing lung cancer awareness pins on their academic regalia. Simon Donors Christopher M. Karr, M.B.A. Pictured (from left): Lisa Davenport, Joseph Wilson, Nora Pasono, James Syrett, Ken Syme, Ragni Panjala, Vithal Sanapala and Paul Mayer. Ana passed away on September 19, 2006. Michael J. Degenhart, M.B.A. SIMON

*Executive M.B.A. graduate 31 Fall06 1/2/072:51PMPage32 32 SIMONBUSINESS Fall 2006 Christopher C.Schiavo,M.B.A. L Rajnish Garg, M.B.A. William J.Eva,M.B.A. Simon Associates David E.MacLean, M.B.A. Simon Fellows David R.Dobies,M.B.A. Simon Partners Richard T. Miller, M.B.A. Simon Society Daniel G.Lazarek, M.B.A. Simon Executives Class of1991 Margaret C.Walters, M.B.A. Marjorie M.Stell,M.B.A. Charles G.Ross, M.B.A. Stephen G.LeBlanc, M.B.A.* P R A.Grage,M.B.A. Kurtis Elliot S.Foo,M.B.A. Donald L.Flick,M.B.A.* Charles F.Fitter, M.B.A. Scott R.Chambery, M.B.A. P Mauro Canori,M.B.A. Simon Donors Lo Nicola F.D’Annunzio,M.S. Charles J.Avallone,M.B.A. Nicholas V. V. Angle,M.B.A. Michael W. Andrews, M.B.A. Simon HundredClub Anthony A.Tanner, M.B.A. P R. MarkRust,M.B.A. Richard C.Pohland, M.B.A. P K Simon Associates orrie J.Pownall Savas,M.B.A. eter A.Henderson,M.B.A. eter Ploumidis,M.B.A. atrick S.Capuano,M.B.A. aul J.Seguin,M.S.,Ph.D. evin M.Pickhardt, M.B.A.* obert Grassi,M.B.A. obert rna JeanneCialdella Morehead, M.B.A. ILA .SMNGAUT COLO UIESADMINISTRATION BUSINESS OF SCHOOL WILLIAM E. SIMON GRADUATE Richard G.Sloan,M.S.,Ph.D. Bruce W. Parks, M.B.A. Simon Partners Gerald A.AltilioJr., M.B.A. Simon Society Class of1992 John F.Wenderlich, M.B.A. Bruce H.Watkins, M.B.A.* Jeananne Thomas,M.B.A. Carl J.Salatino,M.B.A. P Steven J.Meyers,M.B.A. A. Leigh Harrington,M.B.A.* K Margaret S.Champlin,M.B.A. John A.Borrelli, M.B.A. Donna M.Bachand,M.B.A. Simon Donors T P Rudolf L.Santbulte,M.B.A.* David A.Rothstein, M.B.A. Jill Vallandingham Roman, Donald G.Rackl,M.B.A. James M.Quinn,M.B.A. Susan E.Koerner Pearson, P Michael J.O’Brien,M.B.A.* Suzanne GrayMurphy, M.B.A. Bruce A.Leichtman, M.B.A. Juhani J.Haikala,M.B.A. Anju Gupta,M.B.A. Charles W. Goodman,M.B.A. Joseph J.Gerber, M.B.A.* Betty JeanF.Dean,M.B.A.* John C.Casper, M.B.A. Maysa Perez Antonio,M.B.A. Simon HundredClub imothy W. Smith,M.B.A. eggy Y. Wang Palamar, M.B.A. atrick J.Rogers, M.B.A. aula L.Siviy, M.B.A.* enneth W. Hammill,M.B.A. K Judith S.Paniccia Ricker, M.B.A. R P Denise K.Gutstein,M.B.A. eter A.Hawkins,M.B.A. M.B.A. M.B.A. evin J.Zielinski,M.B.A. enee V. Hawkins,M.B.A. Stuart W.Stuart Marsh,M.B.A. N. RickyGray, M.B.A. Thomas J.Grant,M.B.A.* P L R Simon Donors Richard T. Wahl, M.B.A. T L R Mike D.Prestidge, M.B.A. M.B.A. Donna C.PhippsMartin, David A.Lyons, M.B.A. Juliana C.Janson,M.B.A. Nancy R.Horn,M.B.A.* Joseph G.Eckl,M.B.A. Hsiang-Li Chiang,M.S.,Ph.D. P Mark J.Adams,M.B.A.* Simon HundredClub Anuradha Venkataraman, M.B.A. David C.Uhazie,M.B.A. Susan E.Rossetti, M.B.A. Smriti L.Popenoe, M.B.A. John W. Lind,M.B.A. Cynthia M.HouldDuley, M.B.A. Steven C.Bussey, M.B.A. Simon Associates T L Elizabeth A.Cesarano,M.B.A. Simon Fellows David M.Khani,M.B.A. P Simon Partners Philip G.Fraher, M.B.A. Simon Executives Class of1993 Julie L.Scott,M.B.A. Ernest W. Sax,M.B.A.* Jeffrey W. Politte, M.B.A. Gregg D.Layer, M.B.A. John W. Gatsios,M.B.A. Simon Donors Sree SudhaYerneni, M.B.A. Johannes J.Van DenBiesen, James R.Root, M.B.A.* Carla A.Romney, M.B.A. Christian B.Modesti,M.B.A. Mark E.Maring,M.B.A. Karin C.Manning,M.B.A. Michael J.Mahoney, M.B.A. Gregory S.Hayt,M.S. Phillip Dipietro, M.B.A. Steven A.DeBalso,M.B.A. R. Todd Barber, M.B.A. Jay W. Allen,M.B.A. Simon HundredClub Judy M.Pribe,M.B.A.* R Anwer S.Ahmed,M.S.,Ph.D. Simon Associates odd Rubiano,M.B.A. imothy W. McHugh,M.B.A. aurence C.DavisIII,M.B.A. aura J.Reitter, M.B.A. awrence A.Halliday, M.B.A. eter W. Diamond,M.B.A. atricia L. Barton, M.B.A.* atricia L.Barton, atricia MaryDechow,M.S., obert T.obert Brunner, M.B.A. W.obert Reardon, M.B.A. T.obert Kingsley, M.B.A. Ph.D. M.B.A.* Jack C.Pranzo,M.B.A. R R John C.Hill,M.B.A. J. RussellGriffee,M.B.A. Stephen G.Down,M.B.A. Carlos J.Barrionuevo,M.B.A. Simon Associates Carlos Rodriguez, M.B.A. P Lisa DaneluttiKapitan,M.B.A. John J.Kapitan,M.B.A. Simon Fellows M.B.A. Mark D.Unferth, Marc C.Castellani,M.B.A. Simon Partners R Simon Society Michael Stone,M.B.A.* Simon Executives Class of1995 Memet M.Yazici, M.B.A. Jon H.Wendt, M.B.A. Gregory J.Vangellow, M.B.A. Philip W. Simplicio,M.B.A. Scott I.St.John,M.B.A. T Joseph Kurzweil,M.B.A. Jeremy P Jan Daermann,M.B.A. R Donald A.Brydges,M.B.A. James A.Black,M.B.A. Eric A.Bessette,M.B.A. Simon Donors Eric Tyler, M.B.A.* P Neil M.Protter, M.B.A. Howard J.Mulcahey, M.B.A. Joseph Levy, M.B.A.* Edouard E.Langlois, M.B.A.* Michael J.Knapp,M.B.A. Michael J.Fagnant,M.B.A. Alan D.Dobbins,M.B.A. Seth C.Diamond,M.B.A. T Scott S.Biggar, M.B.A. Simon HundredClub Jerry P Alejandro Jaramillo,M.B.A. T. Shaun G.Buckley, M.B.A. Simon Associates Mark S.Greenstein, M.B.A. Brian D.Arsenault,M.B.A. Simon Fellows Lisa A.Myers,M.B.A. James M.Molloy, M.B.A. W Simon Partners Class of1994 ascha Davis,M.B.A. imothy Mack,M.B.A.* aul H.McAfee,M.B.A.* aul Turpin, M.B.A. obert J.Morrison,M.B.A. obert W.obert Jones,M.B.A. H.Balk,M.B.A. obert osemary J.Chengson,M.B.A.

Virginia S.Potter, M.B.A.* Jeffrey B.Parker, M.B.A. ayne D.FranceIII,M.B.A. Hunter Dare, M.B.A. . Reddy, M.B.A. . Hawk,M.B.A. Simon Donors Christopher Weiler, M.B.A. Katherine GallSveen,M.B.A. Andrew N.Sveen,M.B.A. Anthony J.Sciarabba,M.B.A. Michele M.Lawrence, M.B.A. Dwayne D.Jarrell, M.S. Dorothy B.HunterGordon, Jane McMahonEvan,M.B.A. Mark DiFelice,M.B.A. Philip J.Castrodale, M.B.A. K Rachel Adonis,M.B.A.* Simon HundredClub Jonathan D.Wagner, M.B.A. Debabrata Talukdar, M.S.,Ph.D. Charles Spiteri,M.B.A. Janice R.Schillaci,M.B.A. Ramona K.Vaughn Rene, M.B.A. Sanjeev K.Popli, M.B.A. K Michael S.Greenberg, M.B.A. Simon Donors Claire Z.Van Arsdale,M.B.A. Daniel S.Richter, M.B.A. R L Douglas D.Neff, M.B.A. Daniel B.Morchower, M.B.A. Maura T. McGinnity, M.B.A.* James Joy, M.S. Linda Palmeri Jacobson,M.B.A. Jennifer C.Henry, M.B.A. Daniel J.Enright,M.B.A. John A.Detweiler, M.B.A. P Simon HundredClub P William H.Kelly Jr., M.B.A. Audelle R.Harvey, M.B.A. Ayan D.Gupta,M.B.A. M.B.A. Michael Folkerts, Simon Associates Daniel J.Gisser, M.B.A. Simon Fellows R Philippe R.Schwob,M.B.A.* Putsch,Martin M.B.A. P Simon Partners David S.Perkins, M.B.A. Simon Society Class of1996 K John Witzel,M.B.A.* Edward L.Vaczy, M.B.A.* Jacquelyn Marchand, M.B.A. Merle N.Drake,M.B.A.* Elly S.KangChiariello,M.B.A. ynn K.Neff, M.B.A.* eter W. Alpern,M.B.A. eter M.Palermo III,M.B.A.* aul D.Woolf, M.B.A.* enneth B.Babineau,M.B.A. evin D.Lance, M.B.A. enneth J.Zablotny, M.B.A.* onald B.Ransom,M.B.A.* oger A.Stamm,M.B.A. P R aul Wilkens,M.B.A.* M.B.A. oger L.Smith,M.B.A. Fall06 1/2/072:51PMPage33 Simon Fellows Michael A.Orr, M.B.A. R Simon Partners Class of1997 W Thomas C.Benson,M.B.A. Simon Donors George E.Siviy, M.B.A.* Shannon B.Silsby, M.B.A. T Hanson Hsu,M.B.A. Dale E.Heims,M.B.A. Brian K.Gallipeau,M.B.A. Felicisimo G.FalconJr., M.B.A. William R.Doolittle,M.B.A. Michael J.Dashnaw,M.B.A. Bruce A.Collier, M.B.A. Michael K.Chan,M.B.A. S.Canning,M.B.A.* Martin James B.Boffardi, M.B.A. P Simon HundredClub L James C.Stevens,M.B.A. Marcus Perry, M.B.A. Casey L.Kurz,M.B.A. R Adam J.Fleischhacker, M.B.A. Daniel N.Chai,M.B.A. Glenn I.ButlerJr., M.B.A. Simon Associates Ashley G.Shemain,M.B.A. Joel J.Levesque, M.B.A. Maureen A.Fallon,M.B.A. Simon Fellows Class of1998 R M.B.A.* Charles N.Stewart, Sudarshan Setlur, M.B.A. Sergey V. Rosolovsky, M.B.A. Vicki P Gail EstherPollack Pogal, Daniel J.Harrison,M.B.A.* Thomas W. Jr., Burt M.B.A. Simon Donors Andrew M.Williams,M.B.A. Ian H.Turvill, M.B.A. Frank T. Meleca,M.B.A. Colleen D.McVeigh, M.B.A.* Earl R.Lewis, M.B.A. Anne M.Hunt,M.B.A. Jason R.Bribitzer-Stull, M.B.A. Te Gary E.BischopingJr., M.B.A. Simon HundredClub Susie Truesdell, M.B.A.* Michael O. Baldauf, M.B.A. Simon Associates K S.Suri,M.B.A. Siddharth J. Greg M.B.A. Hart, ILA .SMNGAUT COLO UIESADMINISTRATION BUSINESS OF SCHOOL WILLIAM E. SIMON GRADUATE imothy R.Klembczyk,M.B.A. aura Whitby, M.B.A.* elin Aylangan,M.B.A. ejian Wang, M.B.A. obert B.Dorr,obert M.B.A. obert M.Grimm,M.B.A. obert W.obert Wensley, M.B.A. ayne R.Guay, M.S.,Ph.D. r esa C.Blake,M.B.A. M.B.A.* . Redman, M.B.A. K Joseph F.Janinek,M.B.A.* Kathleen E.Jacobs,M.B.A. W. Scott G.Gibbs,M.B.A. Dan Curry, M.B.A.* James C.Christie,M.B.A. Simon Donors Jonathan E.Silsby, M.B.A. James S.Senall,M.B.A. Ellen LiZhangRoss, M.B.A.* Syed A.Mustafa,M.B.A.* Michael T. Minor, M.B.A. L Maxime Lecoin, M.B.A. M.B.A. Kristopher A.Kohrt, R T Jayesh A.Gandhi,M.B.A. Daniel Forrester, M.B.A. John W. DowerII,M.B.A. M.B.A.* Eleanor G.Collinsworth, L Simon HundredClub Jeffery H.Sokol,M.B.A.* J. MichaelReed, M.B.A. Sara Plasky-Sachdev, M.B.A.* Barbara C.McIver, M.B.A. Simon Associates Brian Donaldson,M.B.A.* Simon Fellows Helen A.Zamboni,M.B.A.* Simon Partners Steven P Simon Executives Class of1999 V Colleen J.Wegman O’Donnell, Christopher C.O’Donnell,M.B.A. Marc J.Haas,M.B.A. Simon Partners Class of2000 Michael P Brian M.Wirsig,M.B.A. Deborah Bordynski Vangellow, P Steven M.Small,M.B.A. Allan D.Shafer, M.B.A.* Jeffrey Rubenstein,M.B.A.* John D.Quinzi,M.B.A. Ann T. Melville,M.B.A.* Mark A.Lozina, M.B.A. Steven M.Lalonde, M.B.A. ouise McDonald,M.B.A.* imothy I.Henkel,M.B.A. awrence S.Brennan, M.B.A. amela Barrett Spiteri,M.B.A.* en Swaminathan,M.B.A. enneth N.Kotz, M.S. obert J.Holzhauer,obert M.B.A. L Ta R Thomas K.Schmidt,M.B.A. L Geoffrey C.Laughlin, M.B.A. Nissa RuthMcCumberKnight,

uigi B.Limentani,M.B.A. andon T. Wilson,M.B.A.* M.B.A. M.B.A. obert F.Sile,M.S. obert Allen HarrisonIV, M.B.A. ro M.B.A.

T anaka, M.B.A. . Brigham,M.B.A.* . Wiseman,M.B.A. George R.Robertson Jr., M.B.A. Matthew W. Reifsteck, M.B.A. Jeffrey S.Meteyer, M.B.A.* Dennis Lee, M.B.A. William T. HuntJr., M.B.A. Simon Donors Samuel R.Ogie,M.B.A. Mike S.Nichting,M.B.A. Jeffrey G.Mosca,M.B.A. P Ranjit A.Khanolkar, M.B.A. Matthew S.Jaffe,M.B.A. P Simon HundredClub Viatcheslav Smolianinov, M.B.A. Serguei Netessine,M.S.,Ph.D. M.B.A. Philip J.Bartlett, Judith GraceAlexander-Wasley, Simon Associates P Deborah Lynn Musinger, M.B.A. Daniel J.Burnside,M.B.A. Simon Fellows Suge Luo, M.B.A. Simon Partners P Simon Leaders Class of2001 V. Simon Donors K Gerard C.Walter, M.B.A.* Elad Nafshi,M.B.A. Nancy A.Mueller, M.B.A. Brendan E.Lynch, M.B.A. Jon E.Lindstrom, M.B.A. Hiroshi Komada, M.B.A. Masafumi Kobayashi, M.B.A. Karen K.WishauHogan,M.B.A. Jennifer EileenHenion,M.B.A. Rafael S.DePaoli, M.B.A. Andrew M.Campbell,M.B.A. Charles E.Aldridge,M.B.A.* Simon HundredClub Jeffrey D.Sorensen, M.B.A.* M.B.A. Schockaert, Bart Irina Netessina,M.B.A. T Scott P Simon Associates Jennifer A.Huse,M.B.A. T R Antonio Caram-Neto,M.B.A. Simon Fellows Christopher E.Wheeler, M.B.A. Bryan A.Smith,M.B.A. L Richard N.Klein,M.B.A. James M.Croop, M.B.A.* David C.Carr, M.B.A. Marsha A.Booth,M.B.A. racy M. Herbert, M.B.A.* racy M.Herbert, imothy F.Jones,M.B.A.* aura J.Piccolo, M.B.A. eter B.Shephard, M.B.A. atrick C.Krenzer, M.B.A. atricia A.Calkins,M.B.A.* aul O. Staeheli,M.B.A.* evin R.Wilmot,M.B.A. obert S.Genter,obert M.B.A.

Daniel Barth, M.B.A. Daniel Barth, M.B.A. . Gucciardi, M.B.A.* L T Carl Nielsen,M.B.A.* Edward A.Mills,M.B.A. Christopher J.Herrmann,M.B.A. Josh Z.Goldberg, M.B.A. Michael A.Cirami,M.B.A. Cindy L.Casper, M.B.A.* Christopher W. Busch,M.B.A. George J.Andrews, M.B.A.* Simon HundredClub P M.B.A. Sean R.Murtagh, Caroline Perkowski Minsavage, M.B.A. Michael C.Curtis, Simon Associates Y Simon Partners Class of2003 Philip A.Wong, M.B.A. Megan RaeVolhejn, M.B.A. Mark K.Tyson, M.B.A. Marilyn Spunar, M.B.A.* Steven Sandidge,M.B.A. Sandra Rowland, M.B.A.* Scott E.Nolen,M.B.A. Christopher Liucci,M.B.A.* Andrew R.Hurysz,M.B.A. P Denise MarieFitzgerald,M.B.A.* Anirudh Chowdhry, M.S.,M.B.A. James L.Canessa,M.B.A. Philip M.Byrne,M.B.A. Simon Donors Rick S.Tadokoro, M.B.A. Sarah E.Ryan,M.B.A. L Kyoko Matsuba,M.B.A. P Darius M.Koenig, M.B.A. Richard A.Gammons,M.B.A.* Ke Daniel R.Corral,M.B.A. Sheraun Y. Britton-Parris, M.B.A. P Simon HundredClub Gary Meeks,M.B.A.* James S.Dispenza,M.B.A. Scott M.DeTraglia, M.B.A. Sean M.Carroll, M.B.A. Simon Associates Douglas J.Witter, M.B.A. Ryan J.Hwang,M.B.A. Simon Fellows P Tr Simon Partners Class of2002 . Peter Nguyen,M.B.A. errence O’Grady, M.B.A.* ouis M.Orsini,M.B.A.* uis A. Ortiz, M.B.A. uis A.Ortiz, unfei Zhou,M.B.A. eter J.Opdam,M.B.A. atrick G.Haughton,M.B.A. ablo A.Mastandrea, M.B.A. atrick J.Bachmann,M.B.A. evor A.Lloyd,M.B.A. R Jeffrey J.Sigel,M.B.A. John P Jeannine A.Rossignol, M.B.A. nt J.Evans,M.B.A.* M.B.A. onald D.WilleJr., M.B.A. . Scanlon,M.B.A. *Executive M.B.A.graduate Alberto Q.Uy,Alberto M.B.A.* Cynthia ClusenSherwood, Ilya Shekhter, M.B.A. Carolyn FinchSchmidt,M.S. Susan Lynn Scarlato,M.B.A. Brent J.Ring,M.B.A. Thomas A.Richardson, M.B.A.* Anthony T. Ricci,M.B.A. John J.Polidori, M.B.A.* Susan L.BloodJones,M.B.A. P Heath E.Gebell,M.B.A. José Diaz,M.B.A.* John Blanchard, M.B.A. Heather DescioraAgnello, Simon Donors R T Janice HohlSvec,M.B.A. Blaine Streisand, M.B.A. Heather Sisley, M.B.A. K Jeffrey Scheer, M.B.A. Maurice Raichelson,M.B.A. Shaheen Paydar, M.B.A. P Le Suzanne M.Ley, M.B.A. Bradley King,M.B.A. K W Federico Kalnicki,M.B.A. Gabriela Gutierrez, M.B.A. T Marcelo A.Fama,M.B.A. John Currie,M.B.A. David Crotty, M.B.A. Gilad Biegacz,M.B.A. David F.Bassett,M.B.A.* Douglas J.Austin,M.B.A. Giuseppe Arpino,M.B.A. Andrew A.Adachi,M.B.A. Simon HundredClub Jinnan Yang, M.B.A. Annie Wu,M.B.A. Christopher R.Seitz,M.B.A. Monica EveRyszytiwskyj,M.B.A. Arturo Picicci, M.B.A. Michelle F.Mattick,M.B.A.* Debra Trueger Maddow,M.B.A. Zhyong Li,M.B.A. Jaeman Kim,M.B.A. Brian DeRosa, M.B.A. Gregory J.Butera,M.B.A. Simon Associates K Marisol Rodriguez, M.B.A. Gang Ji,M.B.A. Stephanie Hogue,M.B.A. Simon Fellows Class of2004 ania Genel,M.B.A. ock SiongTan, M.B.A. eter E.Neuburger, M.B.A. aul J.Hurley, M.B.A. evin Sheldon,M.B.A. evin Kepner, M.B.A.* enneth J.Weliczka, M.B.A. onnie Tao, M.B.A. Nihar S.Shah,M.B.A. Jason Rice,M.B.A. olfgang Karbe,M.B.A. e McNeer, M.B.A. M.B.A. M.B.A. 33 SIMONBUSINESS Fall 2006 Fall06 1/2/072:51PMPage34 34 SIMONBUSINESS Fall 2006 Raquel Marquez, M.B.A. Rajeev K.Malik,M.B.A. Anjiang Liu,M.B.A. Y Daniel Lander, M.B.A. Rameet S.Kohli, M.B.A. Jonathan C.Kalmanoff, M.B.A. Ryan W. Kaiser, M.B.A. Eugene P Kathryn AnnDudek,M.B.A. Javier A.Diaz,M.B.A. Mihir S.Desai,M.B.A. Jerrold A.Cline,M.B.A. Jeffrey A.Case,M.B.A. Christopher B.Berger, M.B.A. F.Barrios,M.B.A. Kurt Christopher A.Antola,M.B.A. Shagufta KhanAhmed,M.B.A. Simon HundredClub Hong Zhang,M.B.A. Mercedes IsabelFalcon Azara UsmanTuraki, M.B.A. Seiichiro Takahashi, M.B.A. Goncalo N.Souto,M.B.A. Whitney ElizabethSlavinskas, M.B.A. Michelle LisaSchwartz, Xiaopeng Ren, M.B.A. Rajat K.Padhi, M.B.A. Ibukun Ogunbekun,M.S. Ning Muk,M.B.A. P M.B.A. Seth B.Martin, Arun Manhapra,M.B.A. Austin M.Manengu,M.B.A. Jonathan H.Lay, M.B.A. Anuka SaraKakkasseril,M.B.A. Maxwell D.JeaneJr., M.B.A. Adam B.Frisicaro, M.B.A. Cory B.Fasold,M.B.A. Jill ChristineGullaceBane, Simon Associates Naomi SarahCohen,M.B.A. Jing Chen,M.B.A. Simon Fellows Jefferson S.Svengsouk,M.B.A. Simon Partners Ti Simon Directors Class of2005 Nicole Wong, M.B.A. Lisa R.Wells, M.B.A. R S. Brooks Moore, M.B.A. Sharon Markowitz,M.B.A. Chris Gudmastad,M.B.A. Cesar Garcia-Brena, M.B.A. David DiSanto,M.B.A. Simon Donors Yichao Yu, M.B.A. C. NicklasWeich, M.B.A. James Tsantes, M.B.A. oung Yoon Lee, M.B.A. aul G.McGlyn,M.B.A. obert P obert mothy P Urdaneta, M.B.A. M.B.A. M.B.A. . Trimaldi Jr., M.B.A. . Hsu,M.B.A. ILA .SMNGAUT COLO UIESADMINISTRATION BUSINESS OF SCHOOL WILLIAM E. SIMON GRADUATE . Wilmot,M.B.A. K Chung-Chieh Huang,M.B.A. Rudelle J.Francis,M.B.A.* Michael J.Duggan,M.B.A.* Hanpeng Dong,M.B.A. Simon Associates Sang ChulHan,M.B.A. T Simon Fellows K Anne KristenFitzpatrick,M.B.A. Simon Partners Class of2006 Kristine Theresa Wiederhold L T P Ann Marvin,M.B.A.* R Daniel J.Keating, M.B.A.* Ann M.Hitchcock-Schwab, Arun K.Dabas,M.B.A. Gretchen Leigh Benko,M.B.A. Simon Donors George I.Wei, M.B.A. Ahmet C.Ulsoy, M.B.A. Mustafa Saya,M.B.A. Vithal P R P Charles A.Maxwell,M.B.A.* Jeffrey Luchetti, M.B.A. Dai L.Liu,M.B.A. Christopher Johnston,M.B.A. Chad A.Jividen,M.B.A.* Thomas H.Greenwood, M.B.A.* Michael F.Cutaia,M.B.A.* Frederico C.Cruvinel,M.B.A. Mark C.Craven,M.B.A.* P Benjamin M.Bickel,M.B.A.* Kathleen A.Azzario,M.B.A.* Lisa B.Altman,M.B.A.* Simon HundredClub Daisuke Wakura, M.B.A. Vikram Vekre, M.B.A. Nora L.Pasono, M.B.A.* T Da-Zen P Garth R.Snyder,Garth M.B.A. Charles R.Smith,M.B.A. Sandeep S.Singh,M.B.A. Manu Sikka,M.B.A. Dominic A.Seiterle,M.B.A. Monika Saxena,M.B.A. akao Miyamoto,M.B.A. ucia Perez, M.B.A.* imothy D.Elder, M.B.A. imothy A.Montbach,M.B.A. edro GrauMonjo,M.B.A. eter W. Crane,M.B.A.* aul F.Mayer, M.B.A.* enji Ikeda,M.B.A. evin J.Potempa, M.B.A. obert W.obert Kirsch,M.B.A. obert E.Reinerman,obert M.B.A. Doron Weber, M.B.A. Aaron L.Wagner, M.B.A. L W David C.Mruk,M.B.A. M.B.A. Ryan C.Martin, M.B.A. Sean R.Martell, yndie BethSiff, M.B.A. R M.B.A.* alter J.Olshanski,M.B.A. obertson, M.B.A. obertson, . Sanapala,M.B.A.* . Jean,M.B.A. Barclays Capital(Barclays Bank The BankofTokyo-Mitsubishi The BankofNewYork Company Bank ofAmerica Automatic DataProcessing Inc. AMBAC Inc. Altria Group Inc. Alcoa Foundation/Aluminum Akzo AmericaInc. Aetna FoundationInc. Corporations Matching Gift Dongli Zheng,M.B.A. Jingyi Zhao,M.B.A. Yingxuan Zhang,M.S. T Montique V. Williams,M.B.A. Suresh A.Vadakathu, M.B.A. P Zhaohui Qin,M.B.A. Shannon MarieOzkum,M.B.A. Gregory E.Osier, M.B.A. Y Matthew J.Mazzaferro, M.B.A. Ray K.Maung,M.B.A. Jigang Li,M.B.A. Haidong Huang,M.B.A. Prakash Goswami,M.B.A. Sushant G.Gaonkar, M.B.A. Alexander N.Dyakov, M.B.A. Matthew W. Cromwell, M.B.A. Ya Chen Chang,M.B.A. Christopher M.Cannucciari, K Simon Donors J. P I.B.M. Corporation HSBC Bank–USA Harris Foundation Gleason Foundation The GilletteCompany General MotorsCorporation General ElectricCompany GartnerGroup CharityFund Fifth Third Bank Fidelity CharitableGiftFund Federated Dept.Stores ExxonMobil Foundation Ernst &Young Foundation Eli Lilly&Company Eaton Vance Management Dow JonesCompanyInc. Deloitte &Touche USAL.L.P Corning Inc. ConAgra Foundation Coca-Cola EnterprisesBottling The Clorox Company Citigroup Foundation Chicago Tribune Charities Cadence DesignSystemsInc. The BoeingCo. Becton Dickinson&Co. ao Zhang,M.B.A. ukte Oberoi, M.B.A. avel K.Romanov, M.B.A. enyatta J.Andrews, M.B.A. -T . Morgan Chase&Company P. Inc. M.B.A. Co. ing Chang,M.B.A. L.C.) . Broadstone Real EstateL.L.C. Atlas Tube USAInc. AOL L.L.C. John W. andColleenM. American MarketingAssociation, Aetna FoundationInc. Adirondack CapitalManagement Support F Corporate and The UPSFoundationInc./United United Technologies Corporation Thomson West SunGard BSRInc. Square DCompany Sprint Foundation Siemens MedicalSolutionsUSA Science ApplicationsInternational Sara Lee Foundation Sanofi-aventis Raytheon Company Qualcomm Incorporated The Procter &GambleCompany Phoenix HomeLifeMutual Philips Electronics Pfizer CorporationInc. P P Oracle Corportation N.Y.S.E./New York Stock Nielsen MediaResearch National Grid The Moody’sFoundation Mitretek Systems Microsoft Corporation Merrill Lynch &CompanyInc. Merck &Co.Inc. McKesson Foundation The McGraw-Hill Foundation Marsh &McLennan Companies L L L Kraft FoodsInc. KPMG Foundation K S. C.JohnsonFundInc. Johnson & W W W V The Vanguard Group Inc. The Xerox Foundation/Xerox W W oundation ockheed Martin Corporation ockheed Martin exmark InternationalInc. ehman Brothers erry Capital activ Corporation erizon Communications Anderson FamilyFoundation R Inc. ey Foundation ellington Management ashington MutualInc. achovia Foundation ells Fargo CommunitySupport ells Fargo Bank ochester Chapter Pa Inc. Corp. Exchange FoundationInc. Inc. Company L.L.P Corporation r cel Service . Zemsky FamilyFoundation W United Way ofGreater Rochester Union Leasing Corporation T Sun StateInternationalTrucks William E.SimonFoundation Siemens MedicalSolutionsUSA St. Paul Travelers Foundation Michael S.Rosen Foundation R Rich Products Corp. Ravenwood GolfClub Q3 StampedMetalInc. Princeton BusinessSolutionsInc PAETEC CommunicationsInc. OppenheimerFunds Inc. CapitalGroupNorthern Inc. National Philanthropic Trust Morgan StanleyDeanWitter Mitretek Systems Microsoft Corporation Mendon CapitalAdvisorsCorp. Medco HealthSolutions KPMG Foundation KCL International Johnson & Jewish CommunalFund J.C. Jones&AssociatesL.L.C. International Truck &EngineCorp. Honeywell Inc. Hidden Pond Foundation Heineken USA Hajim FamilyFoundation Gleason Foundation The GeneseeValley Trust Genencor International The FoundationforJewish Florescue FamilyFoundation Fidelity Foundation Fidelity CharitableGiftFund The FarashCorporation Exubrio L.L.C. Excellus HealthPlan Ewing MarionKauffman ERM ThermalTechnologies Inc. Element KDelaware Inc. Eastman Kodak Company Foundation Davenport-Hatch CooperVision Inc. forGraduateStudyin Consortium Clover CapitalManagement The Clorox Company Civic ServicesInc. Citizens FinancialGroup Citigroup Foundation The CentralNewYork Community Canandaigua NationalBank& abarin Productivity Systems ochester Area Community ells Fargo CommunitySupport Inc. Company Philanthropies Foundation Management Foundation T Foundation rust Fall06 1/2/072:51PMPage35 *Executive M.B.A.graduate Memet (Matt)Yazici, M.B.A.’94 John P Ian H.Turvill, M.B.A.’97 Deniz Tunca, M.B.A.’00 Samuel H.Ticknor, M.B.A.’89 James P Anthony A.Tanner, M.B.A.’90 L.Stern,M.B.A.’80 Martin L Shannon B.Silsby, M.B.A.’98 Jeremy L.Seligman,M.B.A.’84 M.B.A.’88* James C.Schwartz, Miyako N.Schanely, M.B.A.’95 Ebon W. Robinson, M.B.A.’01 Rita L.Ratcliffe,M.B.A.’88* Maurice Raichelson,M.B.A.’04 Judy M.Pribe,M.B.A.’92* Angelo J.Ponticello, M.B.A.’97 Russell B.Pleasants,M.B.A.’81 P W Douglas D.Neff, M.B.A.’96 Mark H.Mozeson,M.B.A.’85 Christian B.Modesti,M.B.A.’92 Brian P Maura T. McGinnity, M.B.A.’96* M.B.A.’93 Michael A.McCourt, P Edmund L.Luzine, M.B.A.’89 Gregg A.Lederman, M.B.A.’00 Michele M.Lawrence, M.B.A.’94 Geoffrey C.Laughlin, M.B.A.’98 P Frank H.Lallos, M.B.A.’93 Zdenek C.Kratky, M.B.A.’00 David M.Khani,M.B.A.’93 Mary BennettKellmanson, M.B.A.’94 P Glenn G.Jackling,M.B.A.’97* Anne M.Hunt,M.B.A.’97 W Hellweg,M.B.A.’93 Martin Mark S.Greenstein, M.B.A.’94 Scott J.Gordon, M.B.A.’85 Elliot S.Foo,M.B.A.’90 Denise M.Fitzgerald,M.B.A.’02* W R T. Aaron Chan,M.B.A.’02 Daniel N.Chai,M.B.A.’98 P Sean M.Carroll, M.B.A.’02 Steven C.Bussey, M.B.A.’93 Ebrahim Busheri,M.B.A.’88 Michael K.Burkeen,M.B.A.’98 Charles F.Bellavia,M.B.A.’73 Carlos J.Barrionuevo,M.B.A.’95 Diane F.Austin,M.B.A.’85 Nicholas V. V. Angle,M.B.A.’90 ’88, Timothy D.Smith,M.B.A. Sarah Plasky-Sachdev, ’99,* M.B.A. Alumni AdvisoryCouncil ILA .SMNGAUT COLO UIESADMINISTRATION BUSINESS OF SCHOOL WILLIAM E. SIMON GRADUATE ynn A.Siverd, M.B.A.’91 eter M.Palermo III,M.B.A.’96* eter F.Lallos Jr., M.B.A.’90 eter P aul H.McAfee,M.B.A.’95* aul D.Caseiras,M.B.A.’90 obert B.Dorr,obert M.B.A.’97

alter (Terry) NewcombII,M.B.A.’72 anda A.Humphrey, M.B.A.’92 endy Eber-Morris, M.B.A.’95 Hunter Dare, M.B.A.’94 . Wickson,M.B.A.’89 . Jones,M.B.A.’82 . Meath,M.B.A.’89 . Thielen,M.B.A.’89* Co-chair Co-chair becoming president oftheUniversityRochester. University President JoelSeligmanpresided overtheSimonSchoolCommencementonJune11,2006,hisfirstsince Commencement 2006 June 4–22,2007 Summer BusinessInstitute@Simon Enrollment islimited.Applynow!ApplicationDeadline:April14,2007 5 graduatesoftheSimonSchool’s 35 graduateswhowere awarded the 9 graduateswhoreceived theM.S. 29 graduatesoftheExecutiveM.B.A. 38 graduatesofthefull-timeandpart- 197 Simon Classof2006Statistics service andfulfillment,at Lance F. Drummond ’85,* James S.Gleason’68,* achievements inbusiness,publicserviceandeducation. Rochester history, received theDavidT. Kearns MedalofDistinction.TheKearns Medalhonorsthosewhoexhibitsignificant Max M.Farash, founderofTheFarash Corporation,oneofthemostsuccessfulreal estatedevelopmentcompaniesin Alumnus Award. community, stateornation. highest honorgivenbytheUniversitytoanalumnus,recognizing outstandingachievementsandnotableservicetothe F oundation, received theUniversityofRochester’sCharlesForce HutchisonandMarjorieSmithMedal,the Switzerland Program inBern, Executive M.B.A. Ph.D. inBusinessAdministration degree inBusinessAdministration Program and 44part-time) programs (153full-time time M.B.A. For moreinformation,contactusat(585)275-3533orgoto $250 tuitiondiscount,ifapplyingbeforeMarch22,2007 www.simon.rochester.edu/summerinstitute Bank ofAmerica, chairman oftheboard ofdirectors of senior vicepresident andservicefulfillmentoperationsexecutiveinglobaltechnology, Opportunities to network and learn fromareaCEOs tonetworkandlearn Opportunities general management,marketing,andaccountingfinance Three-week programincludescoursesinthreeareas: onyourcareerpath Get aheadstart four credits inbusiness,whileearning Discover excitingopportunities delivered theCommencementAddress andreceived theDistinguished ’85,* r Medal ofDistinctiononbehalfherfather, MaxM.Farash; Commencement 2006 ecipient oftheHutchisonMedal;President JoelSeligman;and Distinguished AlumnusAward recipient andcommencementspeaker. Gleason Corporation —(from left) Lynn—(from Farash, left) acceptingtheDavidT. Kearns and chairmanoftheGleason James S.Gleason’68,* Lance F. Drummond 35 SIMONBUSINESS Fall 2006 Fall06 1/2/07 2:51 PM Page 36

WILLIAM E. SIMON GRADUATE SCHOOL OF BUSINESS ADMINISTRATION

are also on track to exceed our ALUMNI news 2005–2006 Annual Giving Share Your News! goal of $800,000. If you have news you would Dean’s Corner Some of the most notable re- cent gifts from fellow alumni like to share with fellow alumni, As we begin Curriculum and foundations include: James e-mail your personal and profes- this academic This fall, we implemented the S. Gleason ’68* for student sional updates to the Alumni Re- season, I am Frame, Analyze and Communi- scholarship support; the lations and Development Office pleased to an- cate (F.A.Ct.) curriculum across William E. Simon Foundation at [email protected] nounce that the various programs (see page for student scholarship support; or mail them to 2-217 Carol G. we are taking 18). With F.A.Ct., students Colleen and John Anderson Simon Hall, University of the Strategic learn how to approach any busi- ’80 to support alumni inter- Rochester, Box 270100, Plan on the ness problem using a common viewing, student scholarships, Rochester, N.Y. 14627-0100. road. As we present the plan to framework. As part of this new and Early Leaders recruiting; a Simon alumni in small-group curriculum, we have introduced five-year commitment from lunches and dinners, we are col- two new required courses, Excellus BlueCross BlueShield Regional Events lecting feedback to help Framing and Analyzing Business in support of our Institute for strengthen this plan. Our hope Problems 1 and 2, and are ask- Health Care Management; and and Alumni is that this road map will lead us ing faculty to implement F.A.Ct. a charitable remainder trust Networks to new levels of success. I wel- throughout their courses. They commitment from Suzanne and For the most up-to-date list of come your continued feedback. will be evaluated on the success Marty Suter B.S. ’59 to sup- Simon alumni events taking place Meanwhile, I would like to of their efforts. port our Part-Time M.B.A. around the globe, visit www update you on the progress we Program. .simon.rochester.edu/alumni have made at the Simon School Faculty Recruiting And we continue to work /events.aspx. this year. and Development hard to reach our goals as we I am delighted to welcome four continue to implement our Admissions For information from networks new full-time faculty members Strategic Plan. We will guide that have Web pages, visit We are on target in terms of to our 10-year tenure-eligible our course using the Univer- www.simon.rochester.edu both the quantity and quality of ranks: Paulo Albuquerque, sity’s motto, Meliora, or “Ever /alumni/regional_clubs.aspx. our newly admitted students. University of California–Los Better.” And we will always For example, full-time M.B.A. Angeles; Shane Heitzman, keep in mind the watchwords If you have additional questions admissions for 2008 (including University of Arizona; Vera of University President Joel about events or networks, call the the January cohort) will exceed Tilson, Case Western Reserve Seligman—“Aim High.” Office of Alumni Relations and last year’s figure by 20 percent. University; and Amy Zang, Development at (585) 275-7563. The quality of the class, as mea- Duke University. sured by G.P.A. and G.M.A.T. Additionally, the Simon com- Mark Zupan scores, is the best in the School’s munity has welcomed a number Dean history. of accomplished alumni and We are also bringing to the friends to the campus this year class 40 students as part of our including: Joe Mack, retired Join the Ranks! Be a ™ Early Leaders Award and C.E.O., Saatchi & Saatchi; Ed Class Correspondent! Scholarship Program. Early Hajim, B.S. ’58, chairman and Leaders (0–3 years of work C.E.O., MLH Capital L.L.C.; Stay connected experience) are recent college Rohtash Mal, C.E.O., Bharti Reconnect graduates who have the aptitude Televentures Ltd.; and Michael Make new friends and attitude for future success. C. Jensen, internationally This innovative program has re- renowned finance scholar and The Office of Alumni Relations and Development is looking for ceived international media atten- former Simon School professor. alumni interested in becoming class correspondents for the “Alumni tion. And we continue to News” section of Simon Business. Scribes will receive and organize strengthen the pipeline with our Advancement personal and professional information about classmates for inclu- partner colleges and universities We are in the quiet phase of a sion in the Class Notes and Mergers and Acquisitions sections of to attract even more such new campaign, focusing on the magazine. Those interested should e-mail the Alumni Relations and Development Office at [email protected]. promising students to Simon. building intellectual capital. We BUSINESS Fall 2006 SIMON

36 Fall06 1/2/072:51PMPage37 •T A ofcampuslife. part to remain avital, even ifvirtual, There are manywaysforalumni donating orcareer networking. formation aboutvolunteer roles, an updateform,alongwithin- tion archives, jobpostingsand ture regional listings,publica- pages oftheSimon Web sitefea- y we ities andacademicachievements, y than justyour diploma. To keep deep connectioninmore ways S oftheextended comes part gram attheSimon Schoolbe- Ev •E •S information: U •N Keep usapprisedofdevelop- • Alumni OverviewofServices ILA .SMNGAUT COLO UIESADMINISTRATION BUSINESS OF SCHOOL WILLIAM E. SIMON GRADUATE ou. The AlumniRelations activ- ou updatedonournews, imon community, astrong and lumni OnlineCommunity: pdating your contact _community.aspx /alumni/alumni_online www.simon.rochester.edu area ofour Web site,goto button. and thenclickonthesubmit or call(585)275-7563. [email protected], call us. is aproblem, pleasee-mailor weeks youa few thinkthere we online databaserightaway, don’t findthechangesin the University’s system.If you y Si Alumni News sectionof mates, toappearinthe andthatofyour class- news, and watchforyour own ments inyour lifeandcareer eryone whocompletesapro- eryone

need toknow how toreach our record toupdatewithin end e-mailupdatesto o accessthealumni-only nter thelockword “zupan” mon Business ote thatitcantaketimefor

ask foryour patience.If in magazine. A N • •Y Ca (585) 275-7563 De Alumni Relations and (585) 275-3533 S (585) 275-2428 P (585) 275-4482 M (585) 275-3736 Ma (585) 275-3439 Ex (585) 275-3316 D (585) 275-4881 •T E-mail accounts: tudent Services h.D. Program dmissions, Registrar and umbers tokeephandy: ean’s Office anagement Library [email protected]. address. it toyour designatede-mail not store mail,butforwards S dress you designate. The tothee-mailad- forwarded indefinitely, butthemailis keep thesameSimon address E-mail forLifeallows you to account). work oryour personale-mail account directed (e.g., your which you wouldlikethat a valid e-mailaddress to .edu, andthenpleaseindicate [email protected] Si ecutive M.B.A.Program r v by tify theSimon ITdepartment no- service, e-mail forwarding [email protected]. S r eer Management Center imon e-mailaccountdoes ou canrequest that your elopment keting andCommunications mon address befirstname end your news to end your news o setuptheSimon Alumni

sending arequest to About “WhoYou Are”inLatin And Now, aLittleReminder lmu malegraduate,singular = Alumnus lma pluralforgroup offemalegraduates = Alumnae lma=femalegraduate,singular = Alumna lmi=pluralforgroup ofmale graduates;also = Alumni (585) 275-7563. Development [email protected] or gram, contacttheOfficeofAlumniRelationsand submission. For moreinformationonthispro- .edu/outside2003/honor_professor.asp fordirect is availableathttps://secure.simon.rochester lope enclosedinthisissue.Anelectronicversion professor inyourlife,completethereplyenve- tween SchlegelandGleasonHalls. Pr $13,000 bytheendoffiscalyear. AnHonora ognized. Theprogramrealizedmorethan of whomwerenamedmorethanonce,rec- tion of$250,17emeritusandcurrentfaculty, six lives and/orcareers.Requiringaminimumdona- professors whohadasignificantimpactontheir tunity tomakedonationsinthenamesofSimon Business was introducedinthewintereditionof 2005,theHonoraProfessor ProgramIn February Honor aProfessor ofessor displayislocatedinthewalkwaybe- If youwishtoacknowledgeaspecialSimon used forpluralmixed-gender group magazine, providingalumnitheoppor- Simon 37 SIMONBUSINESS Fall 2006 Fall06 1/2/072:51PMPage39 family lives inNew York City. M oftheirdaughter,the birth band, Mayur Patel, welcomed the arrival oftheirson, M J M LECG L.L.C. business development at D W 2006. Christophjoinsbrothers O third son,Christoph Breitfeld w K D 1998 D 1997 B officer at president andchiefexecutive on May 26,2006.Philip is of theirdaughter, LilahGrace, Ka Ph 1995 ILA .SMNGAUT COLO UIESADMINISTRATION BUSINESS OF SCHOOL WILLIAM E. SIMON GRADUATE Mergers effrey Fagnan ank elcomed thearrival oftheir ara-Anne Osselmann Chai, aniel isassociatedirector of aniel Chai eepali Nangia sselmann Chai,onJune 8, alaika, inMay 2006. The ass. aureen Fallon, ilhelm, 4,andRainer, 2. ilip Pecora r in ’96, in Rochester, N.Y. Ge w nesee Regional elcomed thearrival and hiswife, and hiswife, in Cambridge, and hiswife, and herhus- announced and acquisitions D 2000 M T management at Andrew isdirector ofproduct E of theirdaughter, Eliana Bonnie, announcedthearrival Andrew Strauch* E opment at ing director ofbusiness devel- and Talia, 3.James ismanag- siblings, Tyler, 5;Madeline, 4; J of theirdaughter, Alyssa,on M J 1999 M Atla 2006. Jeffrey at isapartner Z C D D their firstchild,daughterKaya I F M group marketing managerat une 12,2006.Alyssajoins pek, ames Senall rancisco, Calif. echnologies nterprise lizabeth, onJuly 17,2006. achary Denali, onMarchachary 9, isco Systems, eniz isseniormanagerat eniz, onApril 15,2006. eniz Tunca icrosoft Corporation d. elissa, celebratedthearrival ass. s Venture celebrated thearrival of in Rochester, N.Y. Gr in Columbia, and hiswife, eater Rochester and hiswife, in Waltham, and Ipek is P eak and hiswife, in San V Note: Datesaretentativeandsubjecttoconfirmation. the followingcities: volunteers toconductadmissioninterviewsin The SimonAdmissionsteamisseekingalumni To CandidateInterviews 1:00–4:30 p.m. and followthisbasicagenda: typically heldinballroomsofwell-knownhotels missions selectionprocess.Theseeventsare time makingavaluablecontributiontothead- Simon alumniinyourregion,whileatthesame This isawonderfulopportunitytoreconnectwith [email protected]. associate directorofadmissions,at date, pleasecontactJacquelineThomas, to conductinterviewsonyourownatalater Simon Admissions O Is ComingtoYou

volunteer fortheseevents,orto 03 ..AdmissionInterviewTraining 10:30 a.m. a rnic January20,2007 San Francisco e okCt January20,2007 New York City L N e eh January25–26,2007 New Delhi hnhiFebruary 2–3,2007 Shanghai oon ubiJanuary27–28,2007 Mumbai ejn February 4–5,2007 Beijing U Catered Lunch/RésuméReview N *Executive M.B.A.graduate T E E R 39 SIMONBUSINESS Fall 2006 Fall06 1/2/072:51PMPage40 40 SIMONBUSINESS Fall 2006 ILA .SMNGAUT COLO UIESADMINISTRATION BUSINESS OF SCHOOL WILLIAM E. SIMON GRADUATE W 13, 2006. The familylives in daughter LilyEvelyn, onApril oftheirfirstchild, birth Lan Nguyen, celebratedthe wife, Scott McEwan Bryant 2002 D 2001 nancial analystat M sisters, Ruth Evelyn and J their daughter, Deborah, on ’94, 7, 2004,andcelebratedthe Ta H Dunton E A une 17,2006.Deborah joins lizabeth works at sset Management, oug Divine ans Labeeuw* oodbridge, Va. adeline Sydney. Scottisafi- mara, were marriedonMay w E elcomed thearrival of lizabeth CohenBryant in Short Hills, N.J. and hiswife, and hiswife, W. W. Bulk and R. Hoff and his ley in Rochester, N.Y. Ex implementation managerat 17, 2005.Daniel isprogram K daughters, KateDanielle and w D Chicago, Ill. at V Y 1, 2006,attheBitter End Carrie, were marriedonJuly K 2003 Co financial officerat H M oftheirdaughter,birth B acht Clubin Virgin Gorda, .I. Kevin isaseniorspecialist elgium. elcomed thearrival oftheir elsey Grace, onNovember evin Teborek aniel Vermilyea ans isanassistantchief argaux, onMarch 28,2005. M cellus BlueCross BlueShield mponents International errill Lynch Capital and hiswife, and hiswife BC in in Ma S S S 2006. Christophworks for S oftheirson,Felixthe birth his wife,Regula, announced Christoph Egger Halbeis Cincinnati, Ohio. at is anassistantbrandmanager E oftheirson, brated thebirth her husband,David, cele- Cincinnati, Ohio, onMay 6, Ev A at theUniversity of Texas McCombs SchoolofBusiness r S M R oftheirson,Matthew birth wife, Jennifer, welcomed the Sa 2004 esource development atthe tanford, Calif. ebastian, onMarch 25, amuel isassistantdirector of tephanie Hogue tanford Medical Center than, inMarch 2005.Evelyn ustin, Tex. obert, onJanuaryobert, 25,2006. atthew joinssister,atthew Emily, 2. muel Coronado elyn Fleider Ehrlich Pr r tin ’05 octer &Gamble we re

married in and and his in S and eth in in and *Executive M.B.A.graduate Hi B Oc in their secondson,Haruki, J S F of marketing at P son, Mattia, onJuly 10,2006. announced thearrival oftheir at S UBS 2006. Seth isanassociatefor Yo No their daughter, Sophia, in M Ro corporate management. J P 2005 business consultantat N.Y. Ma work analystat B Caroline, onJune 24,2006. their daughter, Eliana J B in Hartford, Conn. unko, announced the birth of unko, announcedthebirth uli, welcomed the birth of uli, welcomed thebirth apan asgeneralmanagerof witzerland. tephanie isaseniorassociate irst Boston hilipp isassistanttothehead hilipp Merkt* enjamin isadistributionnet- itway Company enjamin Wise aria, welcomed thearrival of rk D r berto Vazquezberto tober 2005.Hiroto joined ve r oto Ooka kets Inc. eloitte & Touche

City. mber 2005.Roberto isa in Stamford, Conn.,and in Solothurn, in Rochester, and hiswife, W Cr and hiswife, and hiswife and hiswife, egmans Food in Tokyo, edit Suisse in New A etna Fall06 1/2/072:51PMPage41 ILA .SMNGAUT COLO UIESADMINISTRATION BUSINESS OF SCHOOL WILLIAM E. SIMON GRADUATE 41 SIMONBUSINESS Fall 2006 Fall06 1/2/072:51PMPage42 42 SIMONBUSINESS Fall 2006 ILA .SMNGAUT COLO UIESADMINISTRATION BUSINESS OF SCHOOL WILLIAM E. SIMON GRADUATE nity. School gave himthatopportu- and reputation of theSimon better living. The flexibility decided itwastimetomakea Pr R to concentrateinOperations lowed metofinishupsooner.” system,whichal- to aquarter the Schoolwasabouttoswitch tive analysis,”saysGary, “but than itsemphasisonquantita- much abouttheprogram other garten, came ‘whiskey assets.’ ” pecially when‘riskyassets’ be- things lively,” recalls Gary, “es- Fr change. “Professor Stulz’s R and formerSimon Professor “It inriskanal- gotmestarted Capital Markets department. futures forMellon Bank’s analyzing optionsonbond Class W esearch, Finance courseswith ene Stulz convincedhimto Gary P. Johnson’83 Alumni LeaderProfile ench-Swiss accentkept ofessor “A Although hehadintended Ga t thetime,Ididn’t know ry ’s Ga

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in kinder- J notes ith adaughter ohnson ’83 boat forsailing. and riggingaNorwegian row- bike, woodworking, fishing enjoys photography, ridinghis summers inNorway, where he B Maine’schusetts andpreserve space insouthernMassa- tosave open unteers inefforts agement in1999,andnow vol- r contact withthefacultywasa nance possible,andtheclose M.B.A. mademycareer infi- hesays.“Aexpertise,” Simon ysis, whichbecamemyarea of eal asset.” uzzards Bay. He alsospends Ga ry

left investment man- SB of S Class Correspondent: Sameer 1982 I officer at Ro 1981 F Ky 1980 Charlestown, Ind. at president ofacute care service J 1978 D 1977 Pr Tr E the Year Award asco-author of the H.I.M.S.S.2005Bookof S 1974 .rochester.edu. J R dents, contactJohn-Paul plete listingofClassCorrespon- Class Correspondent. For acom- where indicated,contactyour [email protected] or, and Development Office at e-mail totheAlumni Relations To P SAFRAN USAInc. and generalcounselat president ofadministration ohn-Paul.Roczniak@simon ames Wesp nc. hah, [email protected] teven Lazarus inland. laines, Ill. lectronic Health Records: oczniak at avid Anderson ansforming Youransforming Medical actice

R S osti Anttonen bert Behl* bert submit aclassnote,sendan tartrail Ltd. tartrail enaissance Hospital in Mountain View, Calif. . Pe rc is seniorvice utaneous Systems is chiefexecutive was awarded in Parikkala, is seniorvice is president in Des in Ir president ofengineering in Z T 1984 C of pointed chiefexecutive officer W 1983 o M W forecasting at D 1991 J tions managerfor L Ne G to theboard ofdirectors of S 1989 Lake City, Utah. Fi the board ofdirectors of Eri [email protected] J Class Correspondent: 1988 S Arlington, Va. analysis at dent offinancialplanningand B eff Durbin, ohnson wner of ystems hane Coppola ynn Kachurak ynn Kachurak omlinson Rauscher* etera Corporation enjamin Seto ompany vine, Calif. lobal TrafficInc.Network avid Arvan avid Arvan rst National Bank ichael Monteith ilmington, Del. illiam Hartman* The Micromanipulator w YorkCity. c Leavitt in Sugar Land, Tex. in Rochester, N.Y. S in CarsonCity, Nev. AES Corporation trategic Estimating was appointedto is director of A straZeneca is vicepresi- was appointed is salesopera- J ohnson & is the as vice was ap- in Salt joined Z ions in in in Fall06 1/2/072:51PMPage43 of pointed chiefoperatingofficer R at r Thomas Marten R L brokerage salesat America’s fixed incomeprime S R D strategic marketing of can Society ofAppraisers. designation from theAmeri- an accredited senior appraiser N.Y., earned in Rochester, at tions analyst senior valua- J W M keting managerat G Ka in San Diego, Calif. ficer at dent andchiefinformationof- R 1993 R M [email protected] E Class Correspondent: 1992 ILA .SMNGAUT COLO UIESADMINISTRATION BUSINESS OF SCHOOL WILLIAM E. SIMON GRADUATE ector, Gamunex U.S.market, effrey Markin* teven Bussey ynch ric Suitos, esearch TrianglePark,N.C. ochester, N.Y. ochester, N.Y. obert Bernstein obert utecki, loria Jeffers elta Resources L.L.C. organ Chase&Co. aureen ilmington, Del. T EFP Group Vi ri elecris Biotherapeutics

r B tualScopics Inc. in New York City. ittner N a ewland Communities is director of is aseniormar- is headof was ap- is deputydi- M is vicepresi- J. P. errill in in V in olt in Diagnostics opment at worldwide learninganddevel- Kr T keting officer. Carlsbad, Calif., aschiefmar- ment SciencesCorporation H 1995 ating officerof Br .smurfitgroup.com A A Class Correspondent: 1994 Gr ations at oper- dent ofproduct category M 1996 consultant at L De operating officer. in Frederick, Md., aschief Ea M Angeles, Calif. ogy specialist. B in Munich, Germany. ing director of Christoph Rommel I nstitute igand Pharmaceuticals igand Pharmaceuticals akeshi Hattori ndres.Marein@mx ndrew Marein, altimore, Md., asanoncol- akan Akbas ichael Folkerts axime Elbaz* ian Archibald isty Swistak r oup W thData International Inc. ayne Wilcher in Maryville, in Maryville, Tenn. in Tokyo,Japan. Br Ortho-Clinical unswick Boat in Rochester, N.Y. N joined S is director of Lexicon Lexicon omura Research ymeo GmbH joined is asenior is chiefoper- is vicepresi- joined is manag- D ocu- in Los in in W John MacDonald’86 Alumni LeaderProfile R factors inhismove to M.B.A. Program were deciding and flexibilityofthePart-Time there. In fact,thereputation to theSimon Schooltoget neering intofinance,helooked decided tomove from engi- St J in myfuture career.” J age difficultpeople,”notes Lederer lems, andProfessor how toexaminebusinessprob- G “[Former Simon] Professor broader, more abstractissues. needed traininginlookingat demanded linearthought,he good fit. optiona found thepart-time Eastman Kodak Company, he years inengineeringat few says John. Afterspendinga banking associateprograms,” prerequisite forinvestment ohn spent15years on Wall ohn—“both skillsIwoulduse ochester. eorge McIsaac taughtme r “ After receiving his M.B.A., Coming from acareer that eet withvarious bulge- An M.B.A.isessentiallya gave metoolstoman- M hen acDonald ’86 J P ohn hilip actions. merger andacquisitiontrans- assists clientswithcomplex market and and ITservices companies inthesoftware maintains relationships with F Flat,The WorldIs ing. He’s currently reading ties suchasskiingandgolf- dren, enjoying outdooractivi- Carolyn, andtheirtwochil- time hehaswithhiswife, partner at partner Lehman Brothers. Now, asa as managingdirector at bracket investment banksand riedman. J *Executive M.B.A.graduate ohn spendsthelittlefree U SB pdata Capital, by

Thomas he 43 SIMONBUSINESS Fall 2006 Fall06 1/2/072:52PMPage44 44 SIMONBUSINESS Fall 2006 A ILA .SMNGAUT COLO UIESADMINISTRATION BUSINESS OF SCHOOL WILLIAM E. SIMON GRADUATE Gail Evans’94* Alumni LeaderProfile boundaries. tal inreaching beyond her tional studentswasinstrumen- lieves thatcontactwithinterna- teams,” shesays.She alsobe- and how tobuildsuccessful data tomakebusinessdecisions sues. “Ilearnedhow tousehard more broadly aboutbusinessis- fessors withhelpingherthink ofherSimonand expertise pro- ing What’s Next: Using Theories imaging software, C ware for petitive edge.” ness educationgave meacom- notes Gail. “So, gettingabusi- littleaboutbusiness,” but very alotabouttechnology knew and businessskillscanbe. tant amarriageoftechnical ’94* Class ompany G G “Before IgotmyM.B.A., ail iscurrently reading ail credits thededication has learnedhow impor- E ’s astman Kodak

EasyShare digital ager ofdesktop s generalman- and clientsoft- notes G ail Evans See- such opportunities.” and learnhow torecognize Change, of Innovation toPredict Industry product, suchastheiPod for thenext‘game changer’ “Rather, we shouldbelooking incremental changes,” shesays. understand thatwe don’t need and Anthony. “It helpsmeto tual aspectsofnature. ing andappreciating thespiri- community activities,garden- G ail enjoys church and by

Christensen, Roth SB ® , De City. director at R P M F ing project managerat J A marketing at W P chief medicalofficerof executive vicepresident and B F of B 1998 sales associate. P G of businessdevelopment. Br ating officerandinNorth J 1997 Cleveland, Ohio. at strategic businessintelligence D Po Theresa Stockdale picture services. general managerofmotion Calif., asvicepresident and C LaserPacific Media ason Bribitzer-Stull ennifer Bacci rancisco, Calif. argo Bank a., asabusinessdevelopment eter Gregory harmaceuticals harmaceuticals gencies autMedia Inc. arrett Katz* Huttonarry orporation lenn Kennel* aniel Gisser ashington, D.C. inn. unswick, N.J.,vicepresident r E A r etta &Orr ek Schaffner aton Corporation shton Partners in Rochester, N.Y. Diligence L.L.C. in Minneapolis, in LosAngeles, H was appointed is director of is vicepresident is director of joined in Doylestown, illside Family of joined as chiefoper- in New York is amanaging joined in San is market- in W Fovea ells in B.V. of externalrelations at Thomas Vereijken* Costa Rica. C American operationsat sales andmarketing forLatin G ment. as director ofproduct manage- N I East andAfricaat director ofEurope, Middle vice president and managing Louise McDonald* NCO Inc. Dr J director. M Br [email protected] Sa Class Correspondent: 1999 Ti Bu tor of Atov Marin 2000 in Ogden, Utah. director of J J V Asian salesandoperationsat apan. oseph Giglio oseph Dallimore nc. isual Numerics aterpillar Inc. etworks ustavo Vallejo arsal r m Attwood ian Ayash ew Mullin lgaria. ah Plasky-Sachdev,* in Dublin, Ireland. in Balk, The Netherlands. SAMEX in London,England as in Rochester, N.Y., in Denver, Colo. Ma is managingdirec- joined joined is president of r is director of in Sofia, ketStar Corp. in San José, is director of in Tokyo, W is marketing Alvar is manager is group elch Allyn F ibertech P aques ez & Fall06 1/2/072:52PMPage45 S Ja officer at Alan XiangNi managing director. in Rochester, N.Y. foods at keting manageroffrozen J E at r Asif Khan Asif Khan W dent at R 2001 of M C client managerat H R & Napier Advisors Inc. M project managerat Christopher Helton S J agement analystat Amanda Kish H P nior e-publisherat Akiko Inubushi-Molessa R ILA .SMNGAUT COLO UIESADMINISTRATION BUSINESS OF SCHOOL WILLIAM E. SIMON GRADUATE ector ofenergyandresources apan L.L.C. osh Weinstein lobodanka Novakovic ecurities ngland. harmaceuticals Corp. harmaceuticals ochester, N.Y. ochester, N.Y. obert Kamins Kamins obert orporation r eather Pelosi anover, N.J. edical Laboratory edical Laboratory asatomo Zaizen itter ABN AMRO karta, Indonesia.karta, S trategic ValuePartners in New York City. M Bi G organ Stanley Dean in New York Cityas r joined eneral Electric ds Eye Foods Inc. in Paramus, N.J. in Tokyo,Japan. is ariskman- is chiefrisk is associate is seniormar- in London, is avicepresi- AC W is director Nova M ACM achovia in is senior N anning ielsen in East in is di- r tis is se- in Ma manager. ology salesandmarketing Aires, Argentina as immun- A F S T J in Westport,Conn. W business valuation analystat L [email protected] Do Class Correspondent: 2002 J N H controller. accounting officerandglobal Gr G Christopher Liucci* M C vice president of Scott Markowitz W G of globalbusinessanalysisat ager at of P City. to vicepresident ofsalesfor apan. avier Bautista tamford, Conn. ederico Fascetto uis LlontopBarahona rasad Kancharla rasad Kancharla bbott Laboratories ime WarnerCable arlos Sanchez enesee & Wyoming Inc. eneral Electric Healthcare ew YorkCo. unaid Lookman alter C. King Associates P.C.alter C.KingAssociates aukesha, Wis. umbai, India. eenwich, Conn.,aschief S uglas Witter, r outh Management tha Galvan C itigroup in Tokyo, is adirector at was promoted is riskman- The Bank of in New York is assistant joined is director is manager in in Buenos joined in is a in in S Stefan Bodenstab’01* Alumni LeaderProfile B Ex K T ment attheNestlé Product r growth. Currently, Stefan isdi- and sustainitsworldwide keep thecompanycompetitive ucts andtechnologiesthatwill for creating innovative prod- where hisgroup isresponsible N complete hisM.B.A.through S offeredexpertise atSimon, by M T fore finishinghis doctorateat ofhisPh.D. be- practical part 1991, where hecompleted the T nutrition products. cialties andinfantclinical powdered milks,dieteticspe- shelf-stable products suchas ing enhancementsfor cesses, packagingandengineer- v Pr N ector ofresearch anddevelop- elops manufacturingpro- tefan jumpedatthechanceto echnology Centre in echnical University in echnology Research Centre in ern, Switzerland] greatly en- onolfingen, Switzerland. estlé’s sponsorshipprogram. estlé withchocolate,the oduct Technology Centre de- unich, Germany. Attracted

“ S Although mostofusequate ecutive M.B.A.Program [in the financeandmanagerial The Rochester-Bern tefan beganattheProduct y ’01* ears with tefan Bodenstab has spent15 N estlé, F [University ofBern] Professor taughtbystrategy coursework great value inthecorporate ture,” notesStefan. He found and organizationalarchitec- hanced myskillsinfinance can. a round ofgolfwhenever he with hisfamilyandgettingin that helpedhimmost. two skillshelearnedatSimon asthe organizational theory ject valuation (CAPEX) and in Egypt, Stefan credits pro- manager andlogistics quent assignmentsasafactory r S program, Nestlé assigned esearch initiative. In subse- tefan toacompetitive market ilip Caldries. H S *Executive M.B.A.graduate tefan enjoys spendingtime alfway through theSimon SB 45 SIMONBUSINESS Fall 2006 Fall06 1/2/072:52PMPage46 46 SIMONBUSINESS Fall 2006 C ILA .SMNGAUT COLO UIESADMINISTRATION BUSINESS OF SCHOOL WILLIAM E. SIMON GRADUATE Cory Fasold ’05andLyndie Siff’05 Alumni LeaderProfile experiences andbeliefs. people ofdiverse backgrounds, ing herlearnhow towork with emphasis onteamwork forhelp- ship skills.She values Simon’s company anddevelop leader- ous roles tolearnaboutthe group, where shetakesonvari- y S tion financeassociateat isanacquisi- solid future. Cory M.B.A. waskeytobuildinga associate at human resources management bank likeBear, Stearns. with atop-tierinvestment obtain hiscurrent position never wouldhave beenableto believes he his M.B.A.,Cory economic growth.” Without andfiscalpoliciesaffect tary Charles I.Plosser “Plus, Ilearnedfrom Professor icy decisions,”notesCory. v grounding abouttheeffectsof an outstandingtheoretical F Class ear rotation program atCiti- arious corporatefinancialpol- tearns &Co., tearns inance coursework gaveinance coursework me L “Professor yndie isenrolled inatwo- found thataSimon L ory Fasoldory ’05 yndie Siff ’05 C Cliff Smith itigroup. and Lyndie isa notes how mone- Bear, ’s each and Si the teamsIworked onat “ leadership roles,” saysLyndie, totakeon the opportunity dents andfacultyalike.“Ihad ships theyfostered withstu- S efited from thesmallsize of Yo time forsincemoving toNew Cory, anactivityhehasn’t had ing golfinRochester,” says tended family. “Idomissplay- and visitingwithnearby ex- their October 2006wedding their leisure timeplanning and usebestpracticesfrom imon andthecloserelation- mon.” Both Cory andLyndieBoth Cory ben- Cory andLyndieCory have spent rk

City. SB N M tions at manager ofEuropean opera- Lawrence Surace* ager in Warren, N.J. C Chubb Group ofInsurance Br Yo dent at Xiaofeng Guan in Singapore. ing director of Den Hartog*Aart in New York City. manager of W Class Correspondent: Karen 2004 M [email protected] J Class Correspondent: 2003 Yo cation divisionofthe terpretation and member edu- in- special counselintherule D Bolivia. B ture economistat Ma N.Y. Laboratories Inc. the Americasat Yo ustin Bownds,* ank Group ompanies etherlands. ouglas Witter alker, [email protected] edical atthew Barrett rk rk rk yan McAllister r cos Tapia

S City. City. tock Exchange De S in Den Haag, the ensis Health and utsche Bank as apricingman- Am in LaPaz, is aninfrastruc- ING Bank Asia erican Express REDCOM is avicepresi- is asenior in Victor, is afinance The World joined is general is manag- in New New in New L R L prevention consultantat V City. A J N.Y. K formation systemsat trial managerofhealthcare in- Christine Banker ra R Class Correspondent: 2005 D H ate at CarrenoAlberto group inNew York City. capital markets origination W K B ager for J manager at U director ofdevelopment atthe in Rochester, N.Y. N.J. Benckiser Inc. aged goodsat manager ofconsumerpack- B R onathan Lin asmin Attia* iberty Mutualiberty Group ucia Perez* asilios Mihalitsas* ameet Kohli, merican Express each Gardens, Fla. laine Streisand oseland, N.J. ochester, N.Y. odak Company evin Brillhart niversity ofRochester [email protected] ebra Maddow ouston, Tex. achovia Securities Cr Office Depot edit Suisse Xe is aproduct is amanagerat ro R is aseniorman- in Parsippany, eckitt joined x Corporation is associate is brand is anassoci- in Rochester, is thetrade in New York in in the is aloss E in Palm astman in in Fall06 1/2/072:52PMPage47 B tionship managerat Lara Chamberlain O C associate at D O C C analystat support V F T associate at Scot Anderson Chicago, Ill. associate at Y 2006 board. member ofthemanagement and marketing managerand B Fr E tive associateat Ta City. Ba risk managementassociateat Zhanglan Cheng Boston, Mass. St tive research analystat Alejandro Gaba Amherst, N.Y. ILA .SMNGAUT COLO UIESADMINISTRATION BUSINESS OF SCHOOL WILLIAM E. SIMON GRADUATE armington, Conn. echnologies Corporation uliya Akselrod olkan Bagci lisabeth Schoch* aden, Switzerland asasales ank orporation orporation Financial ountrywide anielle Beyer r hio. aks, Calif. edy’s Backwaren A.G. y r eet Global Advisors eb Fanaswala clays Capital in Lockport, N.Y.in Lockport, N U P in Cleveland, in Thousand epsiCo nited ational City is aproduction is aleadership is acorporate M&T Bank is astrategy is aquantita- in New York is anexecu- is afinancial joined is arela- in M&T in S tate in in in P C agement associateat Yijun Pan R S brand managerat Liz Perkins B P Gr Yo associate at F Bir manager at internal audit promoted to O S Arlington, Va. S in Seoul, South Korea. global businessat J H agement associateat H B Wi Fr ager ofbusinessplanningat J Jo economics specialistat M ong AhMin ill Eysaman Michel oup Company hannon aiprakash Nadar oods Inc. hiladelphia, Pa. ricewaterhouseCoopers ucharest, Romania. ell, Pa. ochester, NY. onsumer Healthcare hnson &Johnson zkum omburg, Germany. ans Horn esenius Medical Care ihaela Giurca rk eg Osier r ds Eye eless

City. was in Ellicott City, Md. in is afinancialman- KPMG is astaffauditorat is anassociate is aproduct man- is managerof in is ahealth SK Telecom C is asenior in in New ampbell McNeil V is man- erizon in Blue in Bad in Lifetime Gift ofa www.simon.rochester.edu/alumni/ planned_giving.aspx V [email protected] or (585) 273-1756or Executive DirectorofAlumniRelationsandDevelopment John-Paul Roczniak planned giving,contact: For moreinformationontheseandotherformsof today. Types ofgiftsinclude: Simon School’stomorrow throughyour plannedgift included theSchoolintheirestateplans.Beapartof honorsdonorswhohave The PhilipT. Meyers Society isit therelatedWeb siteat Gifts oflifeinsurance Gifts ofretirementplanbenefits Life-income gifts Gifts bywill Gifts ofassets *Executive M.B.A.graduate 47 SIMONBUSINESS Fall 2006 Fall06 1/2/07 2:52 PM Page 48

WILLIAM E. SIMON GRADUATE SCHOOL OF BUSINESS ADMINISTRATION

Brett Rawlings is an executive Rishi Salwan is an associate Meredith Wilf joined Ann Tao Zhang joined J. P. associate of commercial bank- analyst at Moody’s Investors Taylor in New York City as a Morgan Chase & Co. in New ing at M&T Bank in Service in New York City. risk management associate. York City as a senior financial Rochester, N.Y. associate. Kenji Shundo is an associate at Martin Winkelmann* is a se- Rob Reinerman is an associate Deutsche Bank in Tokyo, nior consultant at Comit A.G. brand manager at Procter & Japan. in Zurich, Switzerland. Gamble in Cincinnati, Ohio. Scott Stewart is a financial an- Jennifer Reitz is a financial an- alyst at Intel in San Francisco, IN MEMORIAM alyst at Xerox Corporation in Calif. 1985 Rochester, N.Y. Beth Fahy passed away on June 4, 2006, from complications Jack Voorhees is an analyst at of lung cancer. She worked as a project manager at Xerox Matt Rice is a senior business BNP Paribas in New York Corporation in Rochester, N.Y. analyst at Constellation Brands City. in Rochester, N.Y. *Executive M.B.A. graduate

Visit the “Simon School Virtual Store” www.simon.rochester.edu/virtualstore We carry over 25 Simon branded products! You will find Nike golf umbrellas, polo shirts, clocks and more!

Simply go to the Web site, www.simon.rochester.edu/virtualstore, indicate which product(s) you want, and order through the secure server. BUSINESS Fall 2006 You can also fax your order to: (585) 383-8417. Items will be shipped within 48 hours! International delivery is also available. SIMON SCHOOL SIMON

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Simon School of Business Virtual Store ORDER FORM

Please print clearly in black or blue ink.

Name Date

Address City State/Country Zip/Country code ( ) ( ) Phone (daytime) Fax: E-Mail All sizes listed are Adult sizes. Mail to: Simon School Virtual Store Since items are embroidered c/o Cooley Group, Inc. or silk screened there are no 806 Linden Ave., Suite 500 returns or exchanges. Please Rochester, New York 14625 size your wearables accordingly. Fax to: (585) 383-8417 Outside United States (011)-(585) 383-8417 * Price Total Item # Item DescriptionSize Qty. per unit Cost

XXL Sizes add $3.00 for Each Item $3.00 *Merchandise Subject to Manufacturer’s Availability. Order Processing Fee $6.75 $6.75 Order Total (Minimum $15.00) Shipping (see below) Sub Total TOTAL AMOUNT DUE Logo

Payment Method: ❑ Visa ❑ MC ❑ AE ❑ Discover ❑ Money Order Domestic Shipping

AMERICAN EXPRESS ® $1.00 to $30.00 $5.00 VISA Credit Card Orders: $31.00 to $75.00 $8.00 Acct # VC # $76.00 to $150.00 $12.00 over $150.00 No Visa and MC have a three/four digit code on back of credit card. Charge Signature:______Please allow up to Exp. Date:______5 days for delivery. International order (3 weeks) Shipping to be quoted. Fall06_Cover 1/2/07 2:53 PM Page 4

SIMON IN THE CITY 2006–2007 WWW.SIMON.ROCHESTER.EDU The Simon Graduate School of Business spearheaded the first regional Off-campus M.B.A. recruiting event over 25 years ago. recruiting events in New York City We are proud to be a leader in the development of innovative and effective off-campus recruiting and Boston, Mass. programs. For over 25 years, we have hosted a successful recruiting event in New York City, and have recently expanded to two events in that city. In 2005, we added Boston, Mass., to the list of cities where we host off-campus events, and are exploring additional venues.

Dates for off-campus recruiting in 2006–2007: To learn more about or register for these events, contact: In a New York Minute (N.Y.M.) New York Recruiting Program (N.Y.R.P.) Friday, January 19, 2007 Laura Mills-Lewis Doubletree Guest Suites, Times Square Director of Corporate Relations Boston Recruiting Connection (B.R.C.) Career Management Center Friday, February 16, 2007 Sheraton Boston Hotel, Back Bay Simon Graduate School of Business University of Rochester Schedule for all events: 7:00–9:00 a.m. Continental Breakfast (585) 275-3648 8:30 a.m.–4:30 p.m. Interviewing Program [email protected] Noon–1:00 p.m. Recruiter Luncheon

William E. Simon Graduate School of Business Administration Rochester, New York 14627

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