KRANNERT ';iiAi.Ai>Ai.
- - - HONORARY DOCTORATE BURTON MORGAN HONORAR MORGAN COMPETITION BURTON
MOTOROLA
PACIFIC RIM
TEACHER AWARDS
BOB JOHNSON
STUDENT AWARDS & ACHIEVEMENTS
BEST IN CLASS ...™K,&C0MM«NmAcTm™s '^.-J [ , J1 . Krannert Portfolio, Fall 1992 published by Krannert School of Management, Purdue University Purdue University, West Lafayette, Indiana
This digital edition was produced by the Digital Initiatives group of the Purdue Libraries Archives and Special Collections Department The original text was scanned at 400 ppi, 24 bit color and stored as uncompressed TIFF images
Digital Initiatives Purdue University Libraries Archives and Special Collections http://e-archives.lib.purdue.edu June 2007 FROM THE OFFICE OF THE DEAN
We are excited about the initiatives the Krannert Graduate School of Manage ment and the School of Management have undertaken within the past few months. Two events in particular-a visit to the Pacific Rim and participation in Motorola's quality program-highlight our major leadership programs.
This year, for the first time, the Krannert School hosted two international alumni receptions. In May, Professor Carolyn Woo and I visited Singapore and met a loyal group of Krannert alumni. These alumni shared with us their international experiences, and learned about Krannert's new activities. Alumni from as far as Taipei and Brunei joined the group. We were honored to have Ambassador Robert Orr, former governor of Indiana, present the welcoming remarks. Carrier Corporation played a key role by hosting this reception.
Following this, we visited Hong Kong for our second Pacific Rim reception. An enthusiastic group of alumni attended, shared experiences, and renewed friendships with their fellow Krannert alumni. These alumni heard about the Krannert School's new programs and Purdue University's Vision 21 campaign. We were pleased to visit Yokohama, Japan, to participate in the first international MBA forum. Krannert and other leading business schools recruit students through MBA forums which are receptions sponsored by the Graduate Manage ment Admission Council and, traditionally, have been held in major U.S. cities. , ^ Representatives from the schools organize displays which prospective students IflSlClC j\. TCI YlTtCTl ^^^^* ^^^ ^^^ purpose of learning more about the schools and their programs. Six loyal Japanese alumni. Professor Carolyn Woo, and I met prospective students interested in pursuing Krannert master's degrees. The attendance by prospective students from Japan, clearly demonstrates that Krannert's interna tional reputation is strong and that our international initiatives are moving us ahead rapidly! A second major event occurred during the first week of June, Purdue University's Krannert School in conjunction with the Schools of Engineering, School of Technology, and representatives from several other Purdue University areas, participated in a week long quality program sponsored by Motorola. The conference was held at Motorola University. We attended a series of intensive presentations, plant visits, and participated in group discussions focusing on: • incorporating total quality concepts into our curriculum A utilizing total quality concepts in the administration of the university management • encouraging collaborative research relationships between Purdue faculty and Motorola It was an intensive week. We left invigorated and revitalized. We learned much from Motorola, and we believe that Motorola learned much about Purdue. We are committed to incorporating a number of the quality concepts into the Krannert School-its curriculum, its programs, and its administration.
This year. Homecoming Weekend, October 2 and 3, will be a special event. Our first MS in management class, the MSIM Class of '57, will return to celebrate its 35th reunion. At the same time, the MSIA '67 Class will return to celebrate its 25th reunion. An alumni banquet to honor these classes, as well as all returning Krannert alumni, is being organized. We encourage you to make your plans today—and return to Purdue and the Krannert School to celebrate homecoming. We are sure that this will be the biggest and the best homecoming weekend yet! KRANNERT PORTFOLIO
Krarmert Portfolio is published three times a year by the CONTENTS Krannert School of Management, Purdue University, 1310 Krannert Building, West Lafayette, • KRANNERT HONORS AND ACHIEVEMENTS Indiana 47907-1310. Telephone: (317) 494-9700. Burton Morgan Receives Honorary Doctorate of Management...2 Objective of the Krannert Burton Morgan Competition...3 Portfolio 1. To cultivate alumni involve PEOPLE AND EVENTS ment in the Krannert School Alumni Association, Krannert Faculty and Administration Take the Motorola Challenge...4 the Krannert School, and the Krannert Portfolio. Internationalization-Exploring the Pacific Rim...6 2. To recognize the achieve ments of Krannert alumni, AWARDS AND RECOGNITION faculty, staff, students, and friends. Krannert Faculty Recognized for Achievement...8 3. To promote awareness of news about Krannert Robert Johnson Professor Emeritus...!0 alumni, management edu cation, and current topics of William Deihl Speaks to MSIA Graduating Class... 11 interest to Krannert alumni and friends. Student Achievements...12 Dennis Weidenaar, Dean Best in Class...13 James Dworkin, Associate Dean G. Logan Jordan, Assistant Dean Alumni Recognized for Service...14 for Administration Program Highlights...16 Administrative Directors Kae Moore, Director of Krannert Kudos...18 Development Bettina McConnell, Associate Krannert Clips... 19 Director of Development Alan Ferrell, Director of Calendar...20 Management Placement Sheryl Jones, Director of Upcoming Speakers...21 Management Publications Tamyra Gibson, Director of Faculty in the News...22 Public Relations Gerard McCartney, Director of ALUMNI ASSOCIATION Krannert Computer Center Outstanding Alumni Nominations...23 Program Directors Michael Campion, Director of KSAA Board of Directors Election BalIot...24 Master of Science in Human Resource Management KSAA Report to Members...25 John Hatcher, Director of Undergraduate Programs Alumni Host Receptions...26 Wilbur Lewellen, Director of Executive Education Programs ANNUAL GIVING John McConnell, Director of Doctoral Programs 1991-1992 Krannert Annual Fund...27 Robert Plante, Director of Professional Master's Programs Partners for Progress...28 Editor: Sheryl Jones, Director of Krannert Associates Program-Continuing Corporate Partnerships...29 Management Publications Cover: John Underwood, Center ALUMNI NEWS for Instructional Services, Purdue University Undergraduates.. .30 Printer: Krieger-Ragsdale & Co., Evansville, Indiana Graduates...37 Burton D. Morgan Receives Honorary Doctorate
The Krannert School and Purdue University conferred its highest form of recognition for lifetime and career accomplishments, through the Honorary Doctorate of Management Degree presented to Burton D. Morgan, BSME, '38
Bom in New York City, Morgan earned his bachelor's degree in mechanical engineering from Purdue in 1938. Over the next several Burton D. Morgan receives the Honorary years, he demonstrated a flair for product and process innovation Doctorate of Management Degree during the May 1992 commencement exercises. that has been the hallmark of his career. In 1955, he founded Fasson Products, which has become a world leader in self-adhesive label stock. Four years later, he founded Morgan Adhesives Co., which also has grown into a leading manufacturing company. Over the years, Morgan launched several successful entrepre neurial businesses. In addition to his wide-ranging business inter ests, he sponsors many activities that encourage shidents and new entrepreneurs. He founded Basic Search Inc. to foster this activity He also founded the Burton D. Morgan Foundation to provide financial assistance to entrepreneurs. At Purdue, he has been an Old Master and a member of the Dean's Advisory Council of the Krannert School of Management. Both the Burton D. Morgan Chair Steven Beering (left), president, Purdue University, and of Private Enterprise and the annual Burton D. Morgan Entrepre presenter of the honorary doctorate, congratulates Burton D. neurial Competition are his way of assuring that future genera Morgan (center), along with Dennis Weidenaar, dean, tions become educated to the values of the entrepreneurial spirit Krannert School.
"i^.. '^^ Oilk *^ Plan for "Svansson Bradbury Burton D. Morgan Water Co.," Takes Competition Named Recipient of The strategy of marketing and dis tributing bottled Icelandic spring wa The Beta Gamma ter in the United States was the winning entry in Purdue University's fifth annual Burton D. Morgan Sigma Medallion for Entrepreneurial Competition. The winning plan, "Svansson Entrepreneurship Bradbury Water Co.," earned first prize of $4,000 for Holmar Svansson, The Beta Gamma Sigma Medallion for Akuregri, Iceland, and Judd Burton D.Morgan (right),BSME'38and Entrepreneurship was established to pro Bradbury, Garland, Texas. Their HDRM '92, presents Holmar Svansson, vide appropriate recognition to those strategy included distributing the MSM '92 (left), and Judd Bradbury, MSH individuals and firms which contribute water in containers that resembled '92, with their award. significantly to the vitality and strength chunks of ice. The winning entry was selected by a panel of judges from oral of the economy, combining innovative presentations followed by question sessions for the four finalists. business achievement with service to A Second prize of $2,000 went to "HIO Bolf Advertisements," submitted humanity. by Scott Seidle, Lafayette, Ind., and Sharon Wall, Peru, 111. • Third prize of $1,000 was awarded to "Contamination Studies Labora tories Inc.," submitted by Joseph Swartz, Kokomo, Ind. A Fourth prize of $500, was "Indiana Lean Company Inc.," submitted by Leslie McCIintock, Alexandria, Va; Theresa Mellon, Lafayette, Ind.; and Timm Ortman, Kokomo, Ind. The goal for Morgan, through this competition, is that students will appreciate the free market system and the role of the entrepreneur in a market economy. Morgan personally awarded the winners with their prizes at the March 21 banquet. Judges for the competition were: Bruce Flohr, MSIA '65, president, Railtex; Jon Holt, MSIA '71, president. Super Radiator Coils; and Archie Leslie, Burton D. Morgan, BSME, '38 and HDRM '92 general partner, CID. (right), accepts the Beta Gamma Sigma Medallion from Phillip Scaletta, professor of management, and secretary for the Purdue Chapter of Beta Gamma Sigma.
Holmar Svansson, MSM '92 (left), and ]udd Bradbury, MSIT '92, explain their strategy for marketing and distributing bottled Icelandic spring water. ualitMaking y a Culture
PURDUE TAKES THE MOTOROLA CHALLENGE TO LEAD THE WAY IN TOTAL QUALITY MANAGEMENT INTEGRATION
Purdue University and the Krannert School have been given the challenge to rethink ways to integrate TQM into curriculum, administration, teaching and research. More than 100 Purdue faculty and administrators were the exclusive guests of Motorola and spent six days participating in the Motorola University Challenge program, held at Motorola University in June. Among the Purdue constituency, were 25 Krannert School faculty and administrators. The ultimate aim of this partnership is to increase the competitive position of American-based companies in the world market by improving the quality of business education. TQM principles are based on the belief that everyone IS responsible forquality improvement but the leadership and motivation begin at the top. ^ The four essential elements of TQM are: A A strong customer focus A Continual improvement based on continuous learning A Active involvement of everyone in the enterprise A Interdepartmental teams • ^u^u7 °^ *^^ ^"^"ding faculty agreed, "the concepts are not new," but the way m which the principles were presented was very valuable. The ability for such a large organization to apply vast cultural changes of this magnitude was very impressive to all those participating. Several of the participants responded to questions about the program.
Krannert Portfolio Fall 1992 PEOPLE AND EVENTS AAAAAAAAAAAAAAAAAAAAA
Herbert Moskowitz, Alok Chaturvedi, Ward Hanson, Lewis B. Cullman assistant professor, assistant professor, Distinguished (management in (marketing) Professor of Manu formation systems) What observa facturing Manage- How will you in tions did you ^^« l^^T ment and Director, corporate team make at Motorola? ^^B jHI^^^ Center for the work into your "AtMotorola, ^^B mM ^^M Manufacturing classroom? the issue of lead Enterprises "Team com ership is aggres How will this interaction enhance petition will be incorporated with sively being pushed in the context of Purdue and Krannert School? multimedia presentations to help stu consensus and teams. It reinforces the "This is a great opportunity for a dents explore new vehicles of com fact that everyone must be able to com world class university to form a part munication. municate. Krannert is very good at nership with a world class company I will ask for feedback from students focusing on communication, through (Motorola) to work collectively in after each session and focus on changes presentations and small group projects. achieving U.S.global competitiveness needed to improve the sessions. A sum The state of the art companies will in manufacturing and service." mary of the responses will be given, appreciate this." followed by the process for implement ing changes from the comments."
leff Arthur, Kent Miller, fim Ward, assistant professor, assistant professor, associate professor, (human resource (strategic manage (operations man management) ment) agement) What impressed How did the What is the most you most about Motorola sessions important lesson Motorola? pertain to your we can learn from "Motorola area of strategic Motorola? is able to take management? "Thekey thing very specific, reaching goals and both "The central concerns that we have we can learn from Motorola is the im apply and communicate them organi are how to create competitive advan portance of a culture where everyone zation-wide." tage, and how to sustain competitive involved in the process is concerned advantage. These ideas are particularly about continual improvement. We need important in environments that have to get students more involved in the rapidly changing technology. In the learning process. The way to teach stu context of looking at Motorola, we see dents about quality is to make their an example of a company that is able to education of a higher quality." implement TQM practices in such a way as to compete very effectively in global markets."
Krannert Portfolio Fall 1992 AAAAAAAAAAAAAAAAAAAAA
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Dennis Weidenaar and Carolyn W/iflt was the purpose of your trip? Woo recently returned from a visit to the Pacific Rim. The pur Your goals? pose was to meet with current 1. To cultivate and develop alumni rela and potential business partners, tionships in Hong Kong, Japan, and Krannert alumni, and provide Singapore. And to let our alumni in the Far prospective graduate students East know they are very important to us, to with information about the our successes as a school, and to our future Krannert School's management achievements. programs. During their 14 day 2. To develop and identify opportunities for trip, Weidenaar and Woo met exchange for both faculty and students. We with representatives from Car discussed exchange opportunities with rier Corp., IBM, and Credit Re these universities: search Association of Japan, A Nanyang Technological University, hosted two alumni receptions, Singapore, where Associate Professor and attended two MBA forums. Patrick McCarthy was spending his Portfolio asked them to summa 1991-1992 sabbatical year. rize their goals and observations A The Hong Kong University of Science based on their experiences in and Technology Hong Kong, Japan, and Singapore. A Keio University, Japan. Krannert Portfolio Fall 1992 PEOPLE AND EVENTS AAAAAAAAAAAAAAAAAAAAA through dtrong International Relationships Also, exchanging students through the efforts and programs are," asserts Executive Master's Program is being explored Weidenaar. "We can't underestimate the at these English-speaking institutions. importance of the Pacific Rim. Many of us 3. To cultivate businesses in the Far East. For come from Western European origins and example, in Singapore, we spent time with traditions, we were brought up thinking Carrier Corporation executives and alumni. that the world revolved around Western 4. To attend the Japan MBA Forum to recruit Europe. This simply isn't true anymore. In prospective graduate students, and to raise fact, over the last 5-10 years, the momen the recognition of the Krannert School of tum has shifted to the Pacific Rim. Any Management in Japan and the Pacific Rim. one who underestimates the importance 5. To host alumni receptions in Hong Kong Professor Carolyn Woo and Krannert alumni at the of the Pacific Rim will be left in the dust." and Singapore which celebrate alumni suc Japan MBA Forum. From left to right, Kyoji cesses in a public venue. Murakami, MS(M) '90, Carolyn Woo, professor of Any other comments? management, Hisashi lijima, MS(M) '88, and The trip helped to foster understand How did this trip help to build and Koichi Nakamura MS(M) '89. ing and to access the options within strengthen international relationships? Wiat message do you bring back? facilities and in people available to 'Tt is hard to recognize the success of "The Krannert School must be, and is assist Krannert in the future. "It places others if you are not in their space," states becoming, global. This is not an issue of us in a position to more fully understand Woo. "How else do you celebrate their choice, it's an issue of how successful your the economic development, the aggres successes? As a group, they have siveness and career tracks of achieved a lot. We have also given our alumni and friends in the them a vehicle to contribute Pacific Rim," says Woo. "We through summer internships and were able to recognize the im the Executive Master's Program." portance of their education Both Woo and Weidenaar and the seriousness and inter believe that face to face contact is est which go into their deci very important in building long- sions." lasting relationships. Weidenaar "The people are so willing states, "Our alumni and business and committed to helping us contacts know we are real, and that in any way," states Weidenaar. we are serious about our interest "The groups at the forums in them. We also could exploit, in were modest in size, but this a positive sense, the fine reputa is the first step," and adds, tion Purdue University has in the "The trip was absolutely es Krannert alumni and Carrier International Corporation Asia Pacific Operations Far East. It is easier to do that in sential for building strong re staff, gather in Singapore at one of the two alumni receptions. Carrier Corporation lationships." person." played a key role by hosting the reception. Robert Orr (center-back), former governor of Indiana and now Ambassador to Singapore, presented the welcoming remarks. Krannert Portfolio Fall 1992 AAAAAAAAAAAAAAAAAAAAA THE KRANNERT SCHOOL AND PURDUE UNIVERSITY RECOGNIZE FOUR FACULTY MEMBERS FOR EXCELLENCE IN THE CLASSROOM. R.B. and Mary Stewart Salgo-Noren Krannert Outstanding Excellence in Teaching Award Outstanding Teacher Award Undergraduate Teaching Award Professor Manohar Kalwani has been Stephen Green, professor of management Stuart H.Smith,assistantprofessorofman- named the recipient of the first R.B. and in human resources, received the Salgo- agement, received the Krannert Outstand Mary Stewart Excellence in Teaching Noren Teacher Award for 1991-1992. The ing Undergraduate Teaching Award. Smith Award. The award was established to award is based upon the input of current stimulate, recognize and reward excel master's students and recent graduates. joined the Krannert School faculty in 1990. lence in teaching in the areas of economics Green has been a member of the Krannert "The course I teach, MGMT 306, and management. The award was pre School faculty since 1987. covers Quantitative Decision Making, sented in recognition of Professor "I want the students to see the value Kalwani's efforts to redesign MGMT 623, a topic which is usually unfamiliar to "Marketing of Industrial and Technologi and relevance in the subject matter I most of the students . I therefore con cal Products." Professor Kalwani received teach. This means that I work very sider this class to be a unique opportu a $1500 cash award and a $1000 school hard to ground theory and abstract nity to introduce an entirely new account. Kalwani joined the Krannert understandings in the day-to-day sub methodology to my students which can School faculty in 1980. stance of the students' lives. I con be used to aid decision making in many "My goal in each class is to stimu stantly try to draw on cases, personal of the functional areas of management. late students to think about the subject experiences, and examples to help the My main goal is to teach a fundamental matter of the course. I like to take students see these are not empty ideas understanding of the underlying con material to class which is relevant, or an academic exercise. Rather, they cepts, not just to encourage rote memo challenging and stimulating. Inclu are the grist of living and working rization." sion of such material ensures that ev together." ery time I teach I learn something that excites me, and I hope that excitement transfers to my students." Krannert Portfolio Fall 1992 CONGRATULATIONS AAAAAAAAAAAAAAAAAAAAA OUTSTANDING GRADUATE STUDENTS Each year the Krannert School selects from its graduate instructor teaching staff, individuals who have performed their teaching responsibilities with excellence. Jeffrey Allen, a doctoral student in Finance and an instructor in financial management, and Pareena Gupta, a doctoral student in Economics and an instructor in microeconomics, each received a $250 cash award for being the Outstanding Graduate Student Instructors. Receiving honorable mention in this year's selection were Sam Florance, a doctoral student in Strategic Management and an instructor in managerial policy; Kissan Joseph, a doctoral student in Marketing and an instructor in marketing management; Peter Lam, a doctoral student in Management Science and an instructor in business statistics; Edith Schmidt, a doctoral student in Operations Man agement and an instructor in operations management; and Laura Charles B. Murphy Swanson, a doctoral student in Operations Management and an Undergraduate Teaching Award instructor in operations management. These five students will Purdue University's Outstanding Under each receive a cash award of $100. graduate Teaching Award, given in honor of Purdue history Professor Emeritus Charles B. Murphy, was presented to John Hatcher, assistant professor of manage^ ment. Hatcher was selected as one of three recipients from across many disciplines in theuniversity.Hatcherjoined the Krannert School faculty in 1976. "/// have used any guideline in my teaching career, it has been to help students learn how to think. I have observed that a successful accountant, or anyone in management, needs not only technical training but a broader university experience. I have enjoyed helping accounting students develop an extensive and broad based program Front and center: Pareena Gupta. Second roivfrom left: Edith Schmidt, Laura Swanson, of activities. The students become mem Peter Lam. Back row from left: Kissan Joseph, Jeffrey Allen, Sam Florance, G. Logan Jordan, bers of the accounting profession rather assistant dean for administration, and James Dworkin, associate dean. than just takers of accounting courses." Krannert Portfolio Fall 1992 FAREWELL AAAAAAAAAAAAAAAAAAAAA ^OT AN END, BUT A NEW BEGINNING; The Krannert School W;^ Salutes Robert Johnson After 28 years of service to the Krannert School, Robert Johnson, senior research associate of the Credit Research Center (CRC)-which he helped establish and served as its first director-and professor of management (finance) announced his retirement. For Professor Johnson, however, retirement is another step on his academic career path; it's a new phase, "part of an ongoing process," as he puts it. "While I am now to be classified as 'professor emeritus,' I still plan to be very active with the CRC and in teaching. As a matter of fact, I'll be participating in the AT&T executive master's class this summer," he adds. Having received his MBA from Harvard in 1946 and a Ph.D. in finance from Northwestern in 1952, Professor Johnson had over 15 years of teaching and research experience before coming to the Krannert School in 1964. "I was part of a recruiting drive initiated by John Day and Dean Em Weiler in the early days of the Krannert School," Johnson says. "It was an exciting time to be here," he adds, "at the ground floor of a new beginning in management education and research." "Bob's research in the Credit Research Center has had more impact on the field of consumer credit than that of any individual in the country over the last 20 years. Boh is a valuable colleague. In finance and in all respects, he is a role model for younger faculty." -Bill Lewellen Professor Johnson's research activities and publications are extensive-he was the Friends, former students, and associates, gathered firsto t director of the CRC, has authored two path-breaking books on finance, one of honor Bob Johnson upon his retirement. From leftwhic to h is in its fifth edition, and has participated in numerous governmental right: Dean Weidenaar, Mrs. Johnson, Bob Johnson,commissions—bu t such activities did not get in the way of his commitment to professor of management, John McConnell, professorteaching of . Indeed, he received the first Salgo-Noren Foundation prize for best management, Gary Chandler, MSIA '68, PhD '73, graduate teacher in 1968 and has been recognized for his excellent teaching numer executive vice president. The MDS Group, Atlanta, and Bill Lewellen, professor of management. ous times since. Says Johnson, "My activities outside the classroom-advising policy makers in government and business on credit issues-have given me a marvelous opportunity to expose students to the practical side of financial theory." In a reception honoring Professor Johnson's service to the Krannert School, Dean Weidenaar applauded his contributions to the School's quality and reputa tion. "You have made your mark in the world of finance in many ways," said Weidenaar. "Your research, your textbooks, your classroom performance, your activities in professional societies, and your impact through the Credit Research Center have sculpted you as a giant in your field." We honor Robert Johnson and recognize his distinguished career. Join us as we wish him well in his new beginning. Story by John Leland Director of Managerial Communications 10 Krannert Portfolio Va\\'i992 CONGRATULATIONS AAAAAAAAAAAAAAAAAAAAA S William Deihl Receives Distinguished Alumnus Award William Deihl, MSIA '64, president Mobil Land Development Corporation, received the Distinguished Alumnus Award presented jointly by the school and the Krannert School Alumni Association. Deihl spoke to the 1992 Master of Science in Industrial Administra tion (MSIA) graduating class on July 5. In the following excerpt from his speech on the entrepreneurial mind set, Deihl encourages graduates to commit themselves to being individuals who are independent, self-reliant, and risk-takers. "... to not risk is a great risk! So, as you walk away today, commit yourself to walk away as a risk-taker, a performer, an entrepreneur " William Deihl, MSIA '64 (left), president, Mobil Land —William Deihl Development Corp. and Kae Moore (center), Krannert School Director of Development, speak with Oda Myklebust,MSIA'92. Worldwide competition and focus on value has forced management to focus on change. It's not enough just to step things up a notch, you must be willing to change. An environment of change is associated with traits such as flexibility, innovation, and a problem-solving, action orientation. These are traits associated with an entrepreneur. Challenging times hke this have always provided fertile ground for the entrepreneurial mind set. Each of you has an ability to develop that entrepreneurial mind set and a responsibiUty to yourself and your work to do that. Students have questioned me about the ability to apply entrepreneurial concepts in environments not appearing to want someone blazing new trails. If you start your own business, it's a given that you can be as innovative as you'll let yourself be. If you're with a small company, the chances for flexibility still seem reasonable. But, what about the big corporation? Obviously, the answer is not uniform. Companies like 3-M encourage entrepreneurs and have a system Dean Weidenaar congratulates Neil Davidoff, MSIA set up to support innovative ideas. Others are less flexible and less willing to '92, on his award as Krannert Scholar. Krannert risk. You need to understand the environment you are working in and establish Scholars for May 1992 were: Grant Fitz, MSIA '92, losefNorsworthy, MS(M) '92, Lee Sherry, MS(M) '92, an entrepreneurial mind set for that environment. The small innovative suc Chad Reardon, MS(M) '92, Timothy Lawrence, cesses that you have at the start will allow you to have larger innovative MS(M) '92, Paula Obert, MSIA '92, and Catherine successes as you move forward. In my case, I found I was gradually allowed to Kowalski,MS(M)'92. take risks others were not allowed to take because it had become my M.O.- my method of operation. I did it because I believe the quote that says, 'The person who risks nothing-does nothing-is nothing.' In a play on words-to not risk is a great risk! So, as you walk away today, commit yourself to walk away as a risk- taker, a performer, an entrepreneur. Deihl, the 1992-1993 president of the Krannert School Alumni Association, encourages students to become active alumni, "To get involved with the Krannert School." Through his active participation, he has renewed friendships, built relationships through common interests with other alumni, and has had the opportunity to share his knowledge and experience while interfacing with stu dents. Deihl encourages all alumni to find an avenue for participation and reap the rewards of this fulfilling experience. Krannert Portfolio Fall 1992 11 CONGRATULATIONS AAAAAAAAAAAAAAAAAAAAA S tme^fft^ /\6n^/e'(}'&fnet(t^ School of Management Outstanding Senior in Economics: Recognition Program for 1992 Scott Meckert, BS(Acct) '92 Cornell A. Bell Award: AAUW Senior Award: Debra Brown, BS(Acct)'92 Robin Wise, BS(M) '92 H.H. Gregg Scholarship: Delta Sigma Pi Scholarship Key: Kimberley Boehm, BS(F) '93 Robert Huber, BSIM '92 Mobil Scholars: Wall Street Journal Lisa Burnham, BS(ECON) '93 and Student Achievement Award: Christopher Martin, BS(M) '94 Jennifer Adams, BS(ACCT) '92 Manufacturing Management Emanuel T. Weiler Scholars: Outstanding Student Award: Leon Bailey James McGee Jennifer Adams, BS(ACCT) '92 and Kevin Flynn Forrest Merriam Tracy Schmidt, BS(F) '92 Troy Fields Steven Painter Jefferson Haines Craig Powlen James Kalish Jean Rutter Ronald Lewis Dawn Wilson Outstanding Seniors in the School of Management pictured above: Front row (from left): Robin Wise, Jennifer Adams, Gretchen Bayer, and Noel Abat. Second row (from left): LuraThompson, and Christina Jenkins. Robert Huber, BSIM '92, was Third row (from Left): Diana Miller, Michelle Marcjuis, presented with the Delta Sigma and Debra Brown. Back row (from left): Leah Mawbey, Pi Scholarship Key. This honor Tracy Schmidt, and Mitchell Wright. Not pictured: is given to the management Damon Auer, Natalie Chavis, David Omholt, Patrick student with the higliest grade- Seiffert, and Carson Woods. point average. Debra Brown, BS(ACCT) '92, recipient of the Cornell A. Bell Award, is congratulated by Professor Bell for whom the award is named. 12 Krannert Portfolio Fall 1992 CONGRATULATIONS AAAAAAAAAAAAAAAAAAAAA Dentin ufas'S' Record Number of Krannert Class of '37 Scholarship are very important because they recog School Phi Beta Kappas. Awarded to Krannert Student. nize more than just academics." Barber, a systems consultant for AT&T Phi Beta Kappa, a national honor society Derek Barber, in Chicago, spent his fifth summer in recognizing academic excellence in the BSIM'93 (In ternship with the company on system liberal arts, named 21 undergraduate formation migration and configuration within their management students with this distinc Systems), was Business Communication Systems group. tion. These students were honored for awarded one their exceptional contributions and aca of 10 Purdue Students Receive Awards at demic accomplishments. University Accounting Club/Beta Alpha Psi Class of '37 Kuo-Chen Tom Chu Peter Dalianis scholarships. Spring Banquet. Mary Beth Dant April Dohm For two Crowe Chizek Outstanding Junior years Barber Juliann Dyson Monica Ehrhardt Accounting Student - Kathleen Reiland, has been pres BS (ACCT) '93 Christopher Francke Angela Fu ident of Pro Geo S. Olive Outstanding Junior gressive Innovative Entrepreneurs Group Tanya Hanesworth Kurt Hartmann Accounting Student - Lisa Anliker, (The PIE Group), a student based organi BS (ACCT) '93 Arthur Jepson Pamela King zation which promotes the entrepreneurial spirit and provides financial and motiva Financial Executive Institute Outstanding William Kusnierz Brett Lubenow tional support needed for ventures. Barber Accounting Junior - William Liacone, Timothy Martin Scott Meckert was instrumental in founding the first BS (ACCT) '93 chapter of PIE Group at the Purdue cam Christine Riley Allen Seifert Financial Executive Institute Outstanding pus. Since then he has organized and Accounting Senior - Gretchen Bayer, Surya Sen Jason Whiting founded four more chapters at other col BS (ACCT) '92 leges and universities. Gretchen Wortman Indiana CPA Society Outstanding He has been very active in the Alpha Accounting Senior - Jennifer Adams, Phi Alpha Fraternity and is currently BS (ACCT) '92 serving as the chapter president. Barber serves as student ambassador chairperson to the National Society of Black Engineers, and is involved in IN ROADS, a national organization geared towards preparing minority students for leadership roles in the corporate envi ronment. Barber also chaired many of the activi ties for the Ebony and Ivory Unification Week, an event with week long functions geared towards motivating the unifica Kathleen Reiland, BS (ACCT) '93, the Crowe tion of various ethnic groups on campus. Chizek Outstanding Junior Accounting Student, Thomas Porter presents the Geo S. Olive Barber is very grateful for this schol is presented with the award by John Holdeman, Outstanding Junior Accounting Student Award Crowe Chizek, & Co. arship and states, "Scholarships like this to Lisa Anliker, BS (ACCT) '93. Krannert Portfolio Fall 1992 13 ALUMNI PROFILE AAAAAAAAAAAAAAAAAAAAA, INVESTING IN THE FUTURE THROUGH GIRL SCOUTING The Girl Scout National Board of Di SUSAN BUI KI.HY BUTI.FR (BSIM '63) rectors is a policy making board that over sees all aspects of the Girl Scouting MEMBER OF THE NATIONAL BOARD program. Butler has been active on the OF DIRECTORS OF GSUSA Finance Committee, and most recendy, on the Program Committee which is re viewing the needs of the Girl Scout pro grams in the 21st century. "Investing time and resources in the future is important for everyone to do," explained Butler. Developing challenging and meaningful programs for future gen erations of girls means that the Girl Scouts will continue to help shape the women "I have always been interested in helping leaders of tomorrow. KRANNERT ALUMNI others, particularly women," said Susan One of the Board's challenges is raising FLAY IMPORTANT ROLES Butler, a partner at Andersen Consulting funds for Scouting programs. Butler was and a member of the National Board of instrumental in creating the endowment IN COMMUNITY SERVICE Directors of the Girl Scouts of the U.S.A. fund Horizons Unlimited for Girl Scouts ORGANIZATIONS "Everyone should look for opportunities (HUGS). The fund provides scholarship The Krannert School appre to help and mentor others just as each of us monies for girls throughout the U.S. to hasbeenhelped and mentored inour hves." ciates the very active role attend "Wider Opporhmity" events. In As a young girl, Ms. Butler was active in creasing the HUGS fund is one of Butler's alunini take in Krannert the Girl Scouts. That activity was one of the annual development activities. projects and programs. We first times she had the opportunity to work As a corporate citizen, Andersen Con also recognize that many of with and build trust relations with other sulting believes it is important to contrib our alumni are important women. ute time and resources to community "Looking back," she said, "I realize that organizations. Skills and talents used volunteers within their com the Girl Scouts was one of my first woman's in business are needed by community munities and for national networks, and my troop leaders, some of organizations. and local organizations. my first mentors. Knowing the importance "Often boards look for specific skills or Two alumni, Susan Butler that a female organization has in the growth knowledge when seeking members. Vol of women helped me make the decision to (BSIM '65) and Francis unteering is a form of networking and a devote time to Girl Scouting as an adult." way to broaden your contacts in the com Olmstead (MSIA '62), who After moving to Connecticut in 1987, munity," Butler explained. have served on the Krannert Butler began exploring opportunities in "Working with local council boards or School Alumni Association Girl Scouting. Other adults she knew ac national boards are ways to invest in the tively participated in Girl Scouts, and a board, have been president future, build business skills, meet new business associate had been on the Na people, and feel good about what you are of that board, and are now tional Board. Butler was contacted by the contributing to the leaders of tomorrow." on the Dean's Advisory National Nominating Committee, and in Council, shared with us 1987, she became a member of the Board of Directors. In 1990, Butler was re-elected their roles as volunteers and for a second term. —story by Ann Caddy, BSM '84 community leaders. 14 Krannert Portfolio Fall 1992 ALUMNI PROFILE AAAAAAAAAAAAAAAAAAAAA VOLUNTEER MAKE A DIFFERENCE FRANCIS OLMSTEAD JR. (MSIA 62) NATIONAL BOARD MEMBER OF THE BOY SCOUTS OF AMERICA Fran Olmstead Jr., MSIA '62, is congratu lated by David Hayes, Troop 197, for his exemplary service to youth within a region of Boy Scouts of America. Olmstead was presented with the Boy Scouts of America Silver Antelope Award. Sometimes the lessons you learn as a child stay with you to share with my own family," Olmstead said. "The scout oath throughout your life and become guides for the decisions you and law have always been a way of life for me." make as an adult. The Boy Scout oath that Fran Olmstead, Olmstead has served the Boy Scouts in many capacities at Chairman and CEO of Anchor Advanced Products, learned as both local and national levels. In addition to his membership on an adolescent helped focus both his career and family life on the the national board, he is Southeast Region President. It is his importance of his duty to God, family, and country. As a responsibility to make sure that more than 750,000 members of member of the National Board of the Boy Scouts of America, the nine state Southeast Region have a quality Boy Scout pro Olmstead has made a commitment to serve Boy Scouting so that gram. It is also important to Olmstead that every boy in the future generations of boys have the opportunity to learn these region have an opportunity to participate in scouting. Olmstead important lessons. estimates that he spends the equivalent of two to three working According to Olmstead, Boy Scouts of America faces the days a month on Boy Scout activities. He has received the Silver same issues of total quality management, cost containment, Beaver, Silver Antelope, and St. George Catholic Award for his adequate capital funding, and societal change that corporations continued service to Boy Scouting. In addition, Anchor Ad deal with daily. The skills that business leaders develop in the vanced Products is a major financial supporter of the Great corporate world to deal effectively with these issues, can be Smoky Mountain Boy Scout Council in Tennessee. extremely beneficial to non-profit organizations. Olmstead feels that management executives have a respon "Every single person has a unique talent or gift, and it is his sibility to share their talents by participating in volunteer or her responsibility to share it with others. An excellent way to activities. do this is to be active in service organizations," explained "Our forefathers blessed us with the most powerful docu Olmstead. "Too many times we are critical about certain aspects ment of all time, the United States Constitution. This instrument of our political system and do nothing when we could contrib ensures the many freedoms and equal opportunity we enjoy ute to the solution of the problem." everyday. Our participation and volunteer spirit in any service Scouting provides boys with an opportunity to develop new organization can only strengthen our political system, preserve skills and leadership potential. The Boy Scouts' mission and our freedom, and ensure that our children will always live in the values have remained unchanged throughout periods of con rich tradition of our great country. 'Volunteer, share your siderable upheaval in society. Despite this upheaval, the Boy talents, make a difference.'" Scout program continues to challenge boys to live up to high moral and ethical standards. "The opportunity for leadership and skills training, coupled with a lot of fun made the scouting experience one I just wanted —story by Ann Caddy, BSM '84 Krannert Portfolio Fall 1992 15 AAAAAAAAAAAAAAAAAAAAA PROGRAM HIGHLIGHTS series continues as he is a mem OBHR ACCOUNTING ber of the planning committee ECONOMICS • John Hannon, assistant • Professor Robert Eskew and for the 1992 conference. Eskew A Professor John Carlson professor, received one of 175 Professor Daniel Jensen, a has been named associate edi recently discussed "Teaching postdoctoral fellowships for former Krannert faculty mem tor of Research in Accounting Technical Material in Interna foreign researchers from the ber now at Ohio State, pub Regulations, Vols. 7, 8, and 9. tional Economics Using Japan Society for Promotion of lished the fourth edition of their Cases," at the Canadian Eco Science. His study, "Designing textbook Financial Accounting nomics Association Meetings. Japanese and U.S. Compensa for McGraw-Hill. In addition Carlson made a similar pre tion Systems for Optimal Indi to the regular hardcover ver sentation at meetings of the vidual and Organizational Per sion, the text will be available International Studies Associa formance," was conducted in on McGraw-Hill's Primus cus tion. Carlson's paper, "Some conjunction with Yoko Sano, tom electronic publishing sys Evidence on Lump Sum ver Dean of the School of Business tem. This permits users to se sus Convex Costs of Chang and Commerce at Keio Univer lect and print in soft cover, those ing Prices," appeared in sity in Tokyo. portions of text needed for their Economic Inquiry. A Professor Stephen Green delivered an invited address at the recent Center for Innova tion Management Conference at Lehigh University. Green Murugappa Krishnan reported on his longitudinal research on the management A Professor Murugappa of R&D new product develop Krishnan presented the paper ment projects. Green received "Cheap Talk and the Suspicion the Salgo-Noren Teacher Effect: A Test," at the Annual Award for 1991-1992. Meetings of the American Ac • Professors Jeff Arthur, counting Association in Wash Stephen Green, and John ington, D.C. Krishnan also Hannon attended the week- presented "Preemptive In vest ment with Resalable Capacity," long conference on total qual Robert Eskew Marie Thursby at the World Congress of the ity management sponsored by course. Eskew chaired two ses International Economic Asso A Associate Professor Patrick Motorola. This conference was sions at the first annual Finan ciation in Moscow. McCarthy spent a sabbatical an interdisciplinary effort with cial Reporting Research Con A Associate Professor William year at Nanyang Technological faculty from Management, En ference jointly sponsored by the Kross chaired a session on Em University in Singapore. gineering, and Technology. American Accounting Associa pirical Research in Financial McCarthy completed studies on tion and the Financial Account Reporting at the Midwest Re the highway safety effects of al ing Standards Board. The con gional Meetings of the Ameri ternative government regula ference was held at the Harvard can Accounting Association. tions. McCarthy presented two Business School. Eskew's in papers at the 6th World Confer volvement with the conference ence on Transport Research, 16 Krannert Portfolio Fail 1992 CONGRATULATIONS AAAAAAAAAAAAAAAAAAAAA KRANNERT PROFESSOR VISITS RUSSIA John Hannon, assistant professor of organizational behav ior and human resource management, recentiy returned from a two week stay in St. Petersburg, Russia, were he was the guest of the "Highway Safety Implications riculum in the U.S. Attending World Laboratory, an off of Expanded Use of Longer the conference were represen shoot of the Soviet Acad Combination Vehicles (LCVs)" tatives from many Russian uni emy of Sciences. While in and "Road Pricing in Singapore: versities. Watts toured the Mos St. Petersburg, Hannon Too Much of a Good Thing?" cow school system to observe spoke to faculty, adminis co-authored with Richard Tay, and to meet with chief adminis trators, and students on (PhD'90). trators to discuss economic edu American human re cation programs. source management poli cies and practices at St. FINANCE Petersburg State Univer sity. He also made a pre A Professor John McConnell sentation on the free was appointed to the editorial enterprise system to the John Hannon, assistant professor board of the Journal of Empirical of organizational behavior and managers of private and human resource management Finance. state controlled businesses A Professor Keith Smith pre stands in tlie City Council Chambers at the Palace of Culture. in St. Petersburg. sented an invited talk, "Activ One of the professional ity-Based Costing," at the highlights of the trip was a meeting Hannon had vdth manufacturing conference of members of the city council to discuss the economic re the Indiana CPA Society. forms that are being attempted. Of special interest were the discussions pertaining to the role of entrepreneurs and, Michael Watts MARKETING in particular, the role young capitahsts can and should play in this transition. A Professor Marie Thursby at A Professor Manu Kalwani has tended the European Research been reappointed to the Edito Hannon, who has done research on the topic of em Workshop in International rial Board of the Journal of Mar ployee compensation, surveyed faculty members, stu Trade (ERWIT) in Lisbon, Por keting Research. He previously dents, and employees of a joint venture regarding their tugal. The workshop was served on J MR's Editorial board aftinity for "pay jointiy sponsored by Centre for from 1979-1985. for performance" Economic Policy Research A Professor Manu Kalwani programs. He (CEPR) and the Faculadade de was the recipient of the first R.B. hopes to publish Economia, Universidade Nova and Mary Stewart Distinguished survey results in de Lisboa. Thursby presented Teaching Award in recognition the near future. "Patent Races, Product Stan of his efforts in the redesign of the Next, Hannon dards, and International Com course, "Marketing of Indushial will leave for petition," written jointly with Japan, where he and Technological Products." Professor John Hannon talks with students at will continue to Professor Richard Jenses, Uni The award includes a $2500 St. Petersburg State University. versity of Kentucky. prize. Kalwani won the Salgo- add to his interna A Professor Michael Watts Noren Outstanding Teacher tional management expertise through a one year appoint spent a week at Moscow State Award the last two years and this ment as a visiting scholar and researcher at Keio University, University and spoke on the year received Honorable one of Japan's elite institutions. undergraduate economics cur Mention. Krannert Portfolio Fall 1992 17 CONGRATULATIONS AAAAAAAAAAAAAAAAAAAAA KRfmNERT KUDOS Gordon Wright Deb Donley Mike Hope Sheryl Jones Gordon Wright, the Basil Alan Ferrell has joined Economic Education. The Na Kappa Alpha Fraternity who Sidney Turner Professor of the staff of the Krannert tional Council recognized the excels in leadership on cam Management, published sev School as director of place Indiana Council and its 10 re pus and in the community. eral articles (with Professor ment. Ferrell has extensive ex gional university affiliates Elizabeth Bricker, MSM '92, Pat McCarthy of the econom perience in human resources, with a plaque for expanding Cincinnati, wasawarded second ics faculty and Ph.D. students) organizational development and enhancing economic edu place in the Shident Leadership in management Science and and professional staffing. Be cation in elementary and sec Award contestatthe 1992Gradu- marketing science in the area of fore coming to Krannert, ondary schools through the ate Business Conference at Indi consumer choice behavior. Ferrell was manager of hu Developmental Economic ana University. Bricker was Wright has written several man resources at Himont, Education Program (DEEP). recogiuzed for her innovation papers on OR/SM (Oracle/ Wilmington, Delaware. Wilbur Lewellen, Herman and leadership in organizing the Structured Modeling), a pro Mike Hope has been pro C. Krannert Distinguished Management Volunteer Pro totype model management moted to the position of Professor of Management and gram, which encourages system, and has presented associate director, Krannert Director of Executive Educa Krannert students to volunteer papers on his research at the Executive Education Pro tion Programs, was elected to time for charity partnerships, University of Berlin, Univer grams. the USF&G Corporation Board outreach programs and tutori sity of Karlsrhule, University Sheryl Jones was ap of Directors. The Baltimore- als in the Greater Lafayette of Barcelona, and the market pointed director of manage based USF&G Corporation, community. ing science meetings in Dela ment publications in May. with assets of $14.0 billion, is The Sycamore Girl Scout ware and London. The responsibilities for Jones composed of subsidiaries en Council donated $500 to the Deb Donley has been include, writing and design gaged in the writing of prop "Excellence in Marketing" pro named to the new position of ing all internal and external erty/casualty andlifeinsurance. gram in appreciation for mar coordinator of student devel Krannert publications. Jones Eric Snyder, a junior in the keting assistance offered by opment. Donley, formerly the replaces Barbara Cooper who School of Management, has Narakesari Narayandas. He assistant director of admission resigned in May. been selected for the Arthur assisted the group by assess at Drake University, assumed The Indiana Council for Bowes Memorial Leadership ing their decline in enrollment the position in January. Economic Education, directed Award by the Pi Kappa Alpha in the older age category and by Peter Harrington, was hon Educational Foundation. The by improving the utilization ored for the seventh consecu scholarship is offered to an of existing campsites. A plan tive year by the Joint Council on undergraduate member of Pi was formulated for these areas. 18 Krannert Portfolio Fall 1992 STUDENT NOTES AAAAAAAAAAAAAAAAAAAAA KRANNERT CLIPS TEXAS A&M VISITING PROFESSOR PRESENTS SEMINAR Jyrki Wallenius, visiting professor, Texas A&M from Helsinki School of Economics and Business, pre sented a seminar on "Multiple Criteria Decision Sup- port-a Review," to Herb Moskowitz's class. ALUMNUS BRINGS CASE STUDY TO THE CLASSROOM Thomas Page, MSIA '63, Chairman, CEO, and Presi dent of San Diego Gas & Electric, returned to campus last Spring. Page brought with him an actual case study of his company written specifically for John McConnell's MGMT 611 class. Page is a member of the Dean's Advisory Board. DAY ON CAMPUS Students and parents listen as Barbara Doster, asso 1 i ciate director. Undergraduate Programs, discusses registration procedures for incoming freshmen. More than 288 Fall '92 freshmen attended the Day on Campus program held June 9-19 for management students. %4J mt^'^^'< j9^^^H||lr y ••S BOP DAY ON CAMPUS The Business Opportunity Program welcomed 29 select students for the summer session. Pictured above are 20 of those students representing seven states from Maryland to California. Krannert Portfolio Fall 1992 19 AAAAAAAAAAAAAAAAAAAAA CALENDAR August 18 - 23 Professional Master's Student Orientation and Distinguished Executive Lecture August 21 Distinguished Executive Lecture Max DePree, Chairman of the Board, Herman Miller, "Leadership as a Marriage of Competence and Moral Purpose" August 23 Host-a-Freshman Orientation Program new freshmen meet current management students who have been their "summer pen pals" August 23 Dean's Reception for Master's Orientation September 10 Krannert Career Forum sponsored by the School of Management Council and the Industrial Management Student Association September 10 Center for the Management of Manufacturing Enterprises (CMME) Partners' Steering Committee Meeting September 10 -11Fift h Annual Conference on Manufacturing Management "Quality Management—Perspectives, Problems, and Directions" September 13 -16TQ M Conference - Breaking Barriers: A Program to Revive Stalled Total Quality Efforts September 16 Meet the Employers Night: Career Fair for Accounting and Finance Students September 19 Undergraduate Parents Reception and Fall Scholarship Convocation Mark your October 1 - 3 Krannert School Alumni Association Directors Meeting October 2 - 4 Homecoming: Special Activities and Pre-game Tailgater. Check this calendars for issue of Krannert Portfolio for additional information. October 4 Alumni/Student Accounting Recognition Banquet October 5 Society of Minority Managers Career Conference Homecoming... October 6 Master's Student Job Fair: Professional Master's Student Career Day October 29 - 30 Dean's Advisory Council October 2nd - December 5 Golden Honors Day—top admitted high school students meet v^ith Krannert School representatives 4th! December 20 Purdue University Winter Commencement and reception February 15 Internship Fair for Bachelor's and Master's Degree Students February 16 Practice Interview Day—Corporate representatives help students polish their interview skills March 21 - 23 Occupational Outlook Mid-March Burton D. Morgan Entrepreneurial Competition Aprill-2 Dean's Advisory Council April 17 Krannert School Distinguished Student Reception and Spring Schol arship Convocation, sponsored by Undergraduate Advising Office April 22-24 Krannert School Alumni Association Directors Meeting April 24 Purdue University Grand Prix May 15'16 Purdue University Spring Commencement 20 Krannert Portfolio Fall 1992 LOOKING AHEAD AAAAAAAAAAAAAAAAAAAAA UPCOMING FORUM SPEAKERS 1992-1993 KRANNERT EXECUTIVE FORUM John Hatcher James M. Frische Professor of Management Chairman and Chief COAST GUARD Purdue University Executive Officer Sept. 4,1992 Digital Audio Disc COMMANDANT Corporation Delmont A. Davis Oct. 23,1992 President and To VISIT KRANNERT Chief Executive Officer Charles M. Harper United States Coast Guard Comman Ball Corporation Chairman and Chief dant Admiral J. William Kime will Sept. 11,1992 Executive Officer speak on "Management Challenges ConAgra, Incorporated In Today's Coast Guard" in the Andre de Bruin Oct. 30,1992 Krannert Executive Forum October Chairman, President, and 9. The Krannert School's long rela Chief Executive Officer J. Patrick Rooney tionship with the U.S. Coast Guard Boehringer Mannheim Chairman now includes 43 alumni. Corporation Golden Rule Insurance Admiral Kime became the 19th Sept. 18,1992 Nov. 6,1992 Commandant of the Coast Guard on May 31,1990. He has served in various L. Gene Tanner Edward B. Brandon assignments both afloat and ashore. Chairman of the Board Chairman and Chief He has headed U.S. delegations to Admiral J. William Kime, Raffensperger, Hughes & Co. Executive Officer the Maritime Safety Committee and MS(M) '77, will speak on Sept. 25,1992 National City Corporation the Marine Environmental Protection Management Challenges in Nov. 13,1992 today's Coast Guard in the Committee at the International Mari Katherine M. Hudson Krannert Executive Forum on time Organization in London and was Vice President and Director - Joseph Temple Oct. 9,1992. in charge of the structural design of Printing and Publishing Chairman of the Board the Coast Guard's Polar Star class icebreakers. He has com Imaging Marion Merrell Dow, Inc. manded the Coast Guard Marine Safety Office in Baltimore and Eastman Kodak Nov. 20,1992 was in charge of all Coast Guard drug interdiction operations in Oct. 2,1992 the Caribbean in the early 80's. Since his promotion to flag rank Edward B. Rust, Jr. in 1984, he has headed the Coast Guard Office of Marine Safety, Admiral J. William Kime President Security, and Environmental Protection in addition to command Commandant (G-C) State Farm Insurance ing the Eleventh Coast Guard District in California. United States Coast Guard Dec. 4,1992 Admiral Kime is a graduate of Baltimore City College, the Oct. 9,1992 Coast Guard Academy, M.I.T., and the Industrial College of the Armed Forces. He is a registered Professional Engineer and a Robert P. Bringer Fellow of the Society of Naval Architects and Marine Engineers. Staff Vice President - The Commandant has received many awards including the Environmental Engineering Coast Guard Distinguished Service Medal, Defense Superior 3M Company Service Medal, and the Legion of Merit. Oct. 16,1992 — story by Tamyra Gibson, director of public relations Krannert Portfolio Fall 1992 21 OFF THE PRESS FACULTY IN THE NEWS ?frtuJjork§mne5 SEAULE TIMES that tax incentives attract businesses to BALTIMORE SUN February 5,1992 communities. Papke's study was also used May 13,1992 as an illustration in an IZSA Today, May 15, "Bank Credit Cards Lure Many Who Can't 1992, article, "Use Caution In Weighing "Stiidy Urges Cut In Credit-Card Rates" Or Won't Pay" and in so doing can be just 'Enterprise Zone' Ideas." That paper has discusses two very diverse opinions. A as irresponsible as the people who abuse taken the position that federal enterprise drop of 2 percentage points in credit-card them. Eager for the high interest rates credit zones won't offer any magic cures for de interest rates would unleash an extra $7 cards carry, banks and other card issuers pressed urban areas. billion in spending, an American Express are flooding the market with plastic. There Company study said. But some analysts are more than 1 billion credit cards in CHRISTIAN SCIENCE MONITOR criticized the study as self-serving. The circulation. By the mid-'80s, said Charlene April 9,1992 study said consumers paid more than $33 Sullivan, associate professor of manage billion in credit-card interest in 1991 and if "Cards, Caps, and Royalties Pushed Play ment (finance), the groups picking up new credit-card rates dropped 2 percent an in ers to Strike" explores the reasons behind cards the fastest were the young and the crease in new jobs and sales tax revenue the first strike in the National Hockey poor. From 1977 to 1986, Federal Reserve would be realized. Robert Johnson, senior League's 75-year history. Trading cards surveys show that the percentage of bank research associate. Credit Research Cen and other sports memorabilia have be credit-card holders among people earning ter, said a rate cut could have an adverse come a booming business in the past five less than $10,000 almost doubled from 11 effect on banks, with lower revenues lead years. Licensing fees fund The National percent to 21 percent, outpacing gains by ing to cuts in rates on savings accounts and Hockey League Players' Association, but every other income group. These people dividends for shareholders. some team owners want to retain these were attractive customers, Sullivan said, licensing fees and not give them to the because they were often unable to pay THE WALL STREET JOURNAL players' association. Nahirally, the union their balances each month. Michael Staten, May 26,1992 is baulking. Ostensibly, the strike is about director of Krannert's Credit Research the freedom of players to move from team In "Labor Letter—A Special News Report Center, said many of the largest card issu to team and the league's forecast deficit on People and Their Jobs in Offices, Fields ers don't check the financial information over the next two years. Or the real issue and Factories" Chris Berger, associate pro on applications they receive, because it is may be a test of resolve between a league fessor of organizational behavior and hu difficult and expensive to track down em long used to quiet labor relations and a man resource management, explained that ployers and verify salaries. new union leadership out to prove itself. executives who survived retrenchment are SACRAMENTO BEE The players voted 560 to 4 to strike—a expected to work more. "Sometimes com March 14,1992 stunning vote of confidence for the union's panies will say, 'let's work smarter,' but new executive director. "It looks like the what they really mean is 'do more better,'" "Tax Breaks Meant To Lure Businesses players are solidly behind their union," he reports. Some managers face a grim Hurt Public Schools" was written by Sen. says Jim Dworkin, associate dean and post-recession job climate. Howard Metzenbaum, D-Ohio, for Chris professor of organizational behavior and tian Science Monitor and papers that sub human resource management. scribe to its news service, including the - 22 Krannert Portfolio Fall 1992 ALUMNI ASSOCIATION The Krannert School Alumni Association Invites Nominations for Alumni Awards The Krannert School Alumni Association is looking for outstand ing alumni. We invite you to nominate qualified candidates for the following awards. This award has been presented at MSIA graduations and Krannert Distinguished convocations. Beginning in 1989, the Krannert School began awarding Distinguished Alumni Awards at the Homecom Alumni Awards ing Reunion Banquet. These awards will be presented to Krannert alumni who have demonstrated success in their profession, community service, and service to Purdue Uni versity and the Krannert School of Management. Jnhfl Q T^mi Arnrlpwir TMS award, named for former DeanJohnS. Day, recognizes jUrLiL O» LyiiU i~±UUiiC 11L Lv an outstanding Krannert alumnus or alumna whose service . - , . J in the academic community reflects the spirit and service of AlUTUHl AlVUTU Johi^ Day to Purdue University and the Krannert School of Management. At the Homecoming Reunion Banquet on Oct. 2,1992, the Krannert School Krannert School will present the Krannert School Distin guished Service Award. This award will honor an indi vidual who has given distinguished service to enhance the Distinguished visibility of the Krannert School of Management. Service Award All nominations for 1993 alumni awards should be received by Dec. 1, 1992. Please refer to the particular award and criteria when nominating Krannert alumni. Mail nominations to Krannert School of Management, Krannert Alumni Awards, Purdue University, 1310 Krannert Bldg., West Lafayette, IN 47907-1310. Nominations for all awards are welcome throughout the year. Krannert Portfolio Fall 1992 23 ALUMNI ASSOCIATION AAAAAAAAAAAAAAAAAAAAA ELECTION KRANNERT SCHOOL Aiuimi ASSOCIATION BOARD OF DIRECTORS The six alumni listed below have been nominated to directorships on the Krannert School Alumni Association board of directors. Each director is nominated to a four-year term beginning fall 1992. Information about each nominee is presented below. Please mark the ballot, cUp, and return it to the Krannert School. Nelson Gibbs, MSIA '62, vice president and controller, Melanie Armstrong Moody, MSM '86, project manager, Northrup Corporation, Los Angeles, CA. Management Systems Division, Procter & Gamble, Cincinnati, OH. Gary Lehman, BSIM '74, director of worldwide marketing, Federal-Mogul, Detroit, MI. Andrew Oreffice0reffi( , BSIM '83, national account executive, Northern Telecom, Research Triangle Park, NC. Barry Maners, BSM '73, vice president, cHent services, The Walker Research Group, Indianapolis, IN. Andy Wihtol, BSIM '66, president. Murphy, Symonds & Stowell Executive Search Firm, Portland, OR. Alumni Board Ballot The slate of alumni nominated to the Krannert School Alumni Association Board of Directors is Usted be low. Please indicate with a check mark those alumni you would like to elect. Please vote for as many alumni board representatives as you wish. For four-year term beginning fall 1992: • Nelson Gibbs, MSIA '62 • Melanie Armstrong Moody, MSM '86 Q Gary Lehman, BSIM '74 • Andrew Oreffice, BSIM '83 • Barry Maners, BSM '73 • Andy Wihtol, BSIM '66 If you have any suggestions for fuhire KSAA board of directors members, please list them below. Retiim this ballot by Oct. 15,1992, to D. J. Weidenaar, dean, Purdue University, 1310 Krannert Building, West Lafayette, IN 47907-1310. ^^ Krannert Portfolio ¥ii\n992 ALUMNI ASSOCIATION AAAAAAAAAAAAAAAAAAAAA KRANNERT SCHOOL ALUMNI ASSOCIATION BOARD REPORT TO MEMBERS The Krannert School Alumni Association Friday and Saturday were reserved for the Board of Directors met April 23-25. Eric Croson board's business meeting. Directors were (BSIM 70), vice president and controller, updated on Krannert's programs and new Frito-Lay and KSAA Board President, chaired directions for the future, heard student pre the meetings. The format was revised from sentations, and previewed a unique manufac previous meetings and included significant turing management software program opportunities for board members to visit with designed for classroom instruction. undergraduate and graduate students. Board members agreed that the focus for Board members who returned early the future would be on developing local net Thursday afternoon, April 23, held informal work alumni teams. Alumni on local teams round table discussions with students which would serve as resource persons by providing focussed on strategic planning issues, venture career related information. Board members capital concerns, funding entrepreneurial will begin developing alumni resource net activities, human resource issues, and encour works within their geographic areas. aging the entrepreneurial spirit within For Croson's term as president ended with tune 500 companies. this meeting. Directors elected William For Thursday evening's dinner, each board Deihl (MSIA '64), president, Mobil Land member hosted a management topic theme Development Corporation, and general table. Students selected tables based on top manager. Real Estate and Land Development, ics to be discussed. More than 80 graduate to serve as KSAA President beginning and undergraduate students attended. Board July 1, 1992. Several alumni were recom members offered students insights on con mended for directorship positions beginning temporary management issues and career Fall 1992. opportunities. Board members Lorna Utley, BSIM '76, MSIR '76 (left), and Barbara Pagan, BSIM '76, MS(M) '78, return to campus to talk with students about career opportunities. Krannert Portfolio Fall 1992 25 ALUMNI ASSOCIATION AAAAAAAAAAAAAAAAAAAAA ALUMNI CORDINATE RECEPTION SECOND MINNEAPOLIS RECEPTION WOODSTOCK CLUB SITE OF INDIANAPOLIS RECEPTION HELD AS PRE-GAME BUFFET R. J. Rudolph (BSM 77) and Robert Lazard (BSM '76), hosted and Krannert alumni in the greater Minneapolis area met on March 7 emceed, respectively, the April 29 Indianapolis reception. Sev to reminisce about their Krannert experiences and share in a pre- enty Krannert alumni from throughout Indianapolis attended basketball game buffet. More than thirty Krannert alumni and the reception to renew acquaintances and learn more about friends attended the buffet luncheon that was held at the Radisson Krannert's new programs. Alumni viewed Purdue University's Hotel Metrodome, University of Minnesota. Dean D. J. Weidenaar Vision 21 video and the Krannert School's undergraduate video. shared his perspectives on Krannert's new initiatives in the areas The Business School for the Business World. of globalizing the curriculum, total quality management, and In addition to Rudolph and Lazard, Kim Antcliff (BSM '90), applications of technology to management education and deci Ken Bergren (BSIM '74), Steve Cosier (BSIM '77), Rick Gilbert sion-making processes. (BSM '78), Deborah B. Johnson (BSM '80), and John Patterson (BSIM '91) served on the reception committee. Special guests mcluded Larry Bradford (BSIM '70), past KSAA director, and KRANNERT ALUMNI MEET Barry Maners (BSIM '73) newly nominated to a KSAA directorship. FOR THE FIRST FT. WAYNE AREA RECEPTION C. B. Huesing (MSIA '64) served as host for the Krannert School's BILL DEIHL HOSTED DINNER first Ft. Wayne area reception. More than 300 alumni were in FOR WASHINGTON AREA KRANNERT STUDENTS vited. Huesing asked alumni who attended the reception to share their favorite Krannert experiences. Dean D. J. Weidenaar talked Six management graduate and undergraduate stiidents attended with alumni and showed two videos-Purdue University's Vision an mformal dinner hosted by William (MSIA '64) and Joyce Ann 21 video which highlights Purdue's capital campaign initiatives Delhi on June 27. The students were in the Washington, D.C. area and the Krannert School's undergraduate recruiting video. The on summer internships, co-op experiences, or as participants in Business School for the Business World. These videos brought alumnthi e Washington Campus Program. Bill and Joyce Ann offered up to date on campus activities and gave a perspective on students this special opportunity to meet informally and network students, programs, and futijre projects. with other Krannert alumni including Beth Brooke (BSIM '81). Huesing worked with Jim Abbott (BSM '86), Keith Flexsenhar Students who attended included Doug Crawford (MSM '93), Ana (BSM '91), Jim Hanrahan (MSIA '68), Jennifer (MSM '86) and Vern Dan (MSM '93), Bill Hayes (BSM '92), Marc Hochman (MSM '93), Pitcher (BSM '81 and MSIR '86), Julie Pope (BSM '74), and Sally Scott Speedy (MSM '93), and Drew Workman (MSM '93). Rish (BSM '80) to coordinate the reception. UPCOMING RECEPTIONS Fall 1992 - Chicago Area Krannert alumni to meet Fall 1992 - Houston Area Krannert alumni to meet for their second reception 26 Krannert Portfolio Fall 1992 ANNUAL GIVING AAAAAAAAAAAAAAAAAAAAA 1991-92 KRANNERT ANNUAL FUND SETTING NEW RECORDS Alumni, friends, and corporate and foundation donors continued their support of the Krannert Annual Fund. During the 1991 -1992 year, they invested $994,644 in the fund. Highlights include: • Individual gifts from alumni and friends and the corporate matching gifts they generated totalled $529,395. This is an increase of $117,040 over last year. A 3,055 Krannert alumni (16 percent of all Krannert alumni) contributed a record of $330,447 in gifts—this is an increase of 215 alumni donors and $57,576 in alumni gifts. The Krannert School of Management is proud of the outstanding support alumni and corporate donors provide to the annual fund. These gifts ensure that Krannert continues to advance its mission of providing an excellent management and economics education by • supporting financial aid programs for top-quality students; A expanding the school's computer hardware and software capabilities to ensure that students use equipment which is on the cutting-edge; and A providing funds for faculty development and research programs so that contemporary management issues are presented to students in their classes. ALUMNI GIFTS: 1987-1991 ALUMNI DONORS: 1987-1991 Dollars (Thousands) Number of Donors 0 1987-88 1988-89 1989-90 1990-91 1991-92 0 1987-88 1988-89 1989-90 1990-91 1991-92 Krannert Portfolio Fall 1992 27 ANNUAL GIVING AAAAAAAAAAAAAAAAAAAAA KRANNERT'S PARTNERS FOR PROGRESS MAJOR GIFT PARTNERS Caterpillar Foundation continued its major grant support by investing in several high-priority areas including the Center for the Management of Manufacturing Enterprises (CMME), the Business Opportunity Program (BOP), and the "Caterpillar Foundation Young Faculty Scholar" award designated to support research activities of a Krannert assistant or associate professor. General Motors Foundation presented Krannert with the second grant on its five-year major gifi commitment. The grant supports the Business Opportunity Program, graduate student fellowships designated for "General Motors Foundation Fellows," and high-priority projects Krannert initiates. Dean D. J. Weidenaar says of this grant, "General Motors' support demonstrates the confidence the corporation has in our programs. We are pleased to receive the Foundation's support and to recognize General Motors among our valued investors." KRANNERT ASSOCIATE INVESTORS DuPont Company continued to support Krannert's management and economics programs by renewing its Business Opportunity Program and management area grants. The Krannert School received renewed annual support from Mobil Corporation. At a reception hosted by Mobil representatives, the corporation presented Krannert with a gift designated to advance Krannert's minority program and support high-priority areas within the school. On accepting the award. Dean D. J. Weidenaar said, "The Krannert School's mission is to provide excellence in management and economics education. We are proud to recognize Mobil's partnership in this mission as demonstrated by their support of our projects and programs." Procter & Gamble continued its annual support of several Krannert programs including the marketing and accounting program areas and the Business Opportunity Program. 28 Krannert Portfolio Fall 1992 ANNUAL GIVING AAAAAAAAAAAAAAAAAAAAA KRANNERT ASSOCIATES PROGRAM CONTINUING CORPORATE PARTNERSHIPS Center for the Management The Krannert School is proud to ac of Manufacturing Enterprises knowledge corporate and foundation CMME—RECEIVES SUPPORT partners who make unrestricted grants Seven CMME investors continued their leadership support. which allow Krannert to continue to Alcoa Foundation provided the third gift on a five-year pledge to support teaching, research, and partner activities. invest in leadership management and Ameritech Foundation presented Krannert with a grant representing Ameritech's renewed support for the manufac economics programs turing program. The Foundation's grant will support fac Carrier Corporation, Chrysler Corporation ulty scholarship and research activities and builds on the Fund, and Ford Motor Company Fund renewed Foundation's initial $500,000 grant which was the catalyst their investments in Krannert and its programs for Krannert's CMME program and center. through their Krannert Associate support. Chrysler Corporation Fund continued support on its Designated grants from corporate and founda five-year $1 million commitment by awarding Krannert the fourth gift designated for computer hardware and software tion partners allow Krannert to invest in specific purchases. projects. Several corporate sponsors recently pro R. R. Donnelley & Sons presented their fourth grant on vided scholarship grant awards. Included among a five-year $25,000 pledge to manufacturing excellence. these special partners are Alcoa Foundation, Eastman Kodak Company and Eastman Kodak Chari Crowe Chizek & Company, and Mutual of table Trust provided Krannert with a second gifi on a Omaha. $500,000 CMME grant. The Business Opportunity Program (BOP) re Ford Motor Company Fund awarded Krannert its final ceives significant support from corporate and foun gift on two CMME pledges which supported manufacturing dation investors. EDS initiated support with a initiatives in the Krannert School and collaborative projects new BOP grant. Ford Motor Company, General with the Schools of Engineering. Mills, Eastman Kodak Company and Eastman United Technologies continued to support CMME ac tivities by awarding the Krannert School a second grant Kodak Charitable Trust, and IBM continued their designated for scholarship, curriculum development, and BOP support. research initiatives. Krannert Portfolio Fall 1992 29 ALUMNI NEWS AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA UNDERGRADUATES munity College, and announces the birth 1957 1960 1965 of his first grandchild, Amanda. Patrick Kelly, BS(ECON), is vice Leo Scholl, BS(ECON), is senior prin David Baker, BSIM, is an inventory Thomas Fulton, BSIM, is engineer president, sales and marketing. Haws cipal systems analyst, USG, Data Service specialist, accounting. General Electric ing director. Wells Aluminum, Parch Drinking Faucet Co., Berkeley, Calif. Division, NCR Corp., Dayton, Ohio. Co., Fort Wayne, Ind, ment, Mich. Burton Masepohl, BS(ECON), is an Alfred Cabral, BSIM, is president, Jack Johnson, BSIM, is a technical agent with State Farm Insurance, High Naska Pharmaceutical, Rugby Darby advisor, Pharmaseal Division, Baxter land, Ind. Masepohl is past president of 1961 Cos., Lincolnton, N.C. Cabral is on the Healthcare Corp., Valencia, Calif. the Highland Chamber of Commerce, Kenneth Dawson, BSIM, is a profes board of the Charlotte Repertory The Richard Kelbaugh, BSIM, is process and past president and current vice presi sor. Center for Business Management, ater, is adjunct professor at Gaston Com improvement manager. General Electric dent of the Highland Board of School Milwaukee School of Engineering. "The Trustees. students elected me to be the recipient of James Skeoch, BS(ECON), retired as the Oscar Werwath Teacher of the Year the general supervisor of labs and techni award in 1990. 1 am also the program cal services on Sept. 1, 1991, from the director of the BS Management Systems Delco Remy Division of General Motors, Department." Anderson, Ind. Skeoch is presently a sales Eston Hupp, BS(ECON), is first vice consultant for Stanley Chevrolet- president and regional manager, CB Oldsmobile-Geo in Fortville, Ind. He is Commercial Appraisal Services, Hous past commander of the Anderson Power ton. Hupp is a member of the Appraisal Squadron, program chairman for the Institute and was Manager of the Year at Optimist Club, and a member of 'SCORE,' CB Commercial Appraisal Group. a group of retired executives who assist with small businesses. 11962 I Richard Ncal, BSIM, is human re 1958 sources manager. Space Systems Division, William Barter, BS(ECON), is an Super Conductor Super Collider Facility, COUPLE ATTENDS LAW SCHOOL TOGETHER associate faculty member, business General Dynamics, Hammond, La. management. Ivy Tech College, Colum bus, Ind. "1 took advantage of early re Gregory Cagnassola, BSM '84, and wife Carolyn Cagnassola, (Phar tirement after 30 years with Cummins 1963 macy) '86, graduated from the law school of Indiana University- Engine Co. in accounting and financial Nolan Bottorff, BSIM, is senior engi Purdue University at Indianapolis. The Cagnassolas started the night management. I am now teaching vari neer, Seymour Manufacturing, Seymour, ous business management courses at Ivy Ind. school program together in 1988, as a support unit for one another. Tech." Walter Gibson, BSIM, is senior de Carolyn is a pharmacist at Eli Lilly and Greg is a certified public signer, U.S. Steel, Gary, Ind. accountant with Inland Container Corp. Featured in an Indianapolis Star 1959 article, the Cagnassolas stated that one professor's reaction was, "I've Thomas Keefer, BS(ECON), is sec 1964 heard of, 'Let's go catch a movie,' but never 'Let's go to law school ond vice president and director, Charles Marshall, BSIM, is president, together.' That's a big date." reinsurance, Lincoln National Life Insur Grismer Tire, Dayton, Ohio. ance Co., San Francisco. Scott McAdamis, BSIM, is employed They both agree it was a unique experience and are at it again, as with Enamel Products and Plating, they prepare to take the bar exam in late July. McKeesport, Pa. 30 Krannert Portfolio Fall 1992 ALUMNI NEWS AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA Appliances, Louisville, Ky. He is past tion Engineering Nuclear Fuel, a subsid Center, Penn State University, Univer president of the Greater Louisville Chap 11971 iary of Asea Brown Boveri, Windsor, Conn. sity Park, Pa. "I was recently promoted ter AQP, AQP Quality Champion June ' Donald Berger, BSIM, is an attorney Stewart Rariden, BSIM, is president. to the position of conference coordina 1991, ASQC Certified Quality Engineer, and partner, Patrick, Warter & Berger, Stone City Products, Bedford, Ind. tor and have relocated my family to and had an article published in the AQP South Bend, Ind. "I am now a partner in Norman Rowe, BSIM, is vice presi State College, Pa. I am also pursuing my Journal in December 1991. the firm specializing in personal injury, dent. Technical Division, William Leman doctorate in Adult and Continuing Edu criminal, and domestic relations litiga Inc., Bremen, Ind. cation at Penn State." tion. I also serve on many civic and chari Carl Sarof f, BSIM, is manager of ac Scott Smale, BS(M), is treasurer. 1966 table organizations including Rotary and counting and operations analysis. Gen Laboratory Equipment Corp., James Hoke, BSIM, is president and the local Boys and Girls Club Board of eral Electric Computer Service, Norcross, Mooresville, Ind. owner, Med-Call Health Care, Chicago. Directors." Ga. He announces the birth of Kelly Eliza William Super, BSIM, has been re "I currently own and manage a health Aleksander Kuprewicz, BSIM, is a beth on March 31,1992. cently promoted to vice president of care contracting company—two offices commercial insurance agent, property Richard Sayers II, BSIM; see Gradu manufacturing for Snappy Air Distri in Chicago area. Daughter Laurie and and casualty, Patti Insurance Agency, ates, 1985. bution Products, Detroit Lakes, Minn., son David are both in college." Richmond, Ind. Susan Wiggenhom, BSIM, is vice presi a division of Standex International, Sa David Mason, BSIM, is a commer Jerald Moore, BSIM, is employed dent, INB National Bank, Indianapolis. lem, N.H. Super joined Snappy in 1988 cial fisherman on the F/V Pursuit out of with Oak Park Steel Corp., Oak Park, III. Allan Zoeller, BSIM, is operations as manufacturing manager, leaving his New Harbor, Maine. David Murray, BSIM, is president, manager, finance systems, BellSouth previous position as industrial engi Critikon Inc., Tampa, Fla. He is also a Corp., Atlanta. neering manager at Sheller-Globe in board member of United Way and the Iowa City, Iowa. Super's responsibili 1967 Chamber of Commerce. ties include all production, engineer ing, maintenance, purchasing and ship Larry Holt, BSIM, is sales adminis Tommy Sutton, BSIM; see Gradu 11974 ping and receiving functions of the com tration manager. Mead Johnson Nutri ates, 1975. I Steven Foldenauer, BS(M), is an air pany. He is also responsible for the tional Division, Bristol-Myers Squibb, Robert Swhier, BSIM, has been ap craft maintenance scheduler. Federal Ex operations of a sister company in Evansville, Ind. pointed Special Counsel by Mayor press, Memphis. Thornton, Colo. Super resides in De Ken Luedtke, BSIM, is a special agent Stephen Goldsmith, Indianapolis. Swhier Dan Grass, BS(M), is vice president. troit Lakes with wife Terrie and chil with Northwestern Mutual Life Insur has been an attorney for 17 years, most Commercial Lending, Centier Bank, dren Emilee and Nicholas. ance, Danbury, Conn. recently with Barnes & Thornburg. Merrillville, Ind. Jay Jones, BSIM, is computer opera tions manger, Offutt Air Force Base, Neb. 1968 1972 Norman Jones, BS(ECON), is an at 1976 Harvey Eich, BSIM, is chief engineer. Gerald Bender, BSIM, is director of torney in Indianapolis. Jones received Sally Becker, BS(M), is an account Arrow Door, Grand Rapids, Mich. finance, commercial and government an LLM from the University of Florida associate. Walker Research, Indianapolis. Stephen Lee, BSIM, is owner of Para systems, Alcatel Network Systems, in 1990 and J.D. from William Mitchell Stephen Boston, BS(M), is vice presi gon Products, Warrenton, Mo. Richardson, Texas. "1 was promoted to College of Law in 1989. He was admit dent, marketing. Intaglio Group, Schiller director of the finance of business group ted to the Indiana Bar in October 1991 Park, 111. to address U.S. cellular, private, and gov and opened his own practice on May 1, James Dunn, BSIM, is senior buyer, fl969 ernment telecommunications markets." 1992. GE Aircraft Engines, Lynn, Maine. Donald Leigeber, BSIM, is park man Michael Hagan, BSIM, is senior vice I Robert Hail, BSIM, is a colonel and Eric Eaton, BSIM, is plant manager, ager. Crab Orchard Lake Mobil Home president. Computer Intelligence Corp., deputy commander, Robins Air Force Mallory Controls Division, Emerson Elec Park, Carbondale, III. La Jolla, Calif. "The 'Executive in the Base, Ga. He is presently at aircraft pro tric, Sparta, Tenn. Kenneth Reinhardt, BSIM, is Classroom' program started by Fred curement school in Washington. Dwight Hall, BSIM, is a brokerage president and owner of Midstates McLimore was the jump start to my ca Dennis Pettigrew, BS(ECON), is vice manager. Business Insurance Resources, Marketing, Indianapolis. "In addition reer with IBM and the computer indus president of finance and chief financial Indianapolis. to selling electronic components, com try. It helped build my vision of what I officer, Lee Memorial Hospital, Ft. Myers, Dennis Kinney, BSIM, is vice presi puter products, and sound equip wanted to be. I would like to share my Fla. He was honored in April by Modern dent and commercial banking manager. ment, our manufacturers' represen vision with others, because current stu Healthcare as chief financial officer of the First Union National Bank, Asheville, tative firm is strong in the clean room dents need a vision in today's economic year. N.C. Duane Miller, BSIM, is plant super products field. The sales agency is condition. 1 have developed some unique intendent, Kingsley Furniture Co., now moving more aggressively into talents in the computer industry, and I 1970 LaPorte, Ind. the industrial automation field, such also coach industry executives on their James Steele, BSIM, has been ap as robots, workstations, tools, and market directions." David Clarke, BSIM, was promoted pointed City Controller by Mayor other equipment." Stephen Kelly, BS(M), is employed to director, business information, Shaklee Stephen Goldsmith, Indianapolis. Steele James Serpe, BS(M), is senior super by Coldwell Banker Real Estate, Atlanta. U.S., San Francisco. He is responsible for was retained from the previous adminis visor, Allen-Bradley Co., a subsidiary of Stephanie Londwehr Koke, BSIM; sales forecasting, market research, ana tration and was formerly executive di Rockwell International, Milwaukee. see Graduates, 1977. lytical services, and end user computer rector of the Indiana Bond Bank. Arlene Mithosef er Snedeker, BSIM, support. Steven Vance, BS(ECON), is regional is a homemaker in Indianapolis. She has Daniel Eaton, BSIM, is senior vice account manager, BellSouth Communi two children: Jill Diane, age 11; and John 1977 president, finance and administration. cations, Tampa, Fla. Scott, age 8. I Mark Banias, BS(M), is regional sales Grant TFW, Houston. manager, Axon Communications, Rex James, BSIM, is director of busi Hobham, Pa. ness development, Telamon Corp., In 1973 1975 Gerald Bieber, BSIM, is a support dianapolis. Bonnie Craycraft Hobbs, BS(M), is associate, Toledo ScaleCo.,Worthington, Lee Ryan, BS(ECON), is an actor in Gregory Grzesk, BSIM, is a quality assurance engineer. Guardian Industries vice president, INB National Bank North Ohio. Los Angeles. He appeared in the ABC west, Lafayette, Ind. Kendall Bradford, BSIM, is an ac Corp., Ligonier Automotive Group, television show "FBI, The Untold Story" John Lynch, BS(M), is a consultant, count manager, Hitchcock Industries, Ligonier, Ind. in May as well as the NBC series "Walter Hewitt Associates, Pittsburgh. Bloomington, Minn. Barbara Scott Krawczyk, BSIM, is a & Emily" with Chloris Leachman. Roger Maclean, BS(M), is confer Diane Ohlman Cibulskis, BS(M), communications manager, ABB Combus ence coordinator, Keller Conference prepares financial statements for small Krannert Portfolio Fall 1992 31 ALUMNI NEWS AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA business and has been teaching com nies in High Point, N.C, and the archi Richard Couch, BS(M), is national Kelcy Mullins Whitman, BS(M), is puter and accounting courses at a local tectural millwork for a law firm in Lex account manager, Midland-Grau Heavy senior tax manager, Crowe Chizek & college in Spartanburg, S.C. She an ington, N.C." Duty Systems, Kansas City, Mo. Couch Co., Indianapolis. nounces the birth of Rebecca on March 5, received his MBA from the University of 1992, who joins Michael, age 3 and 1/2. Akron in 1985. Jane Wilhelm Curdes, BS(M), is a 1978 Juan Fraiz, BS(M), is vice president 1981 day care provider in Indianapolis. I Janine Du Bois Janssen, BS(M), is a and chief financial officer, Woburn Na Michael Duda, BSIM, is commodity Denise Cisowski Hallett, BS(M), is homemaker in New Castle, Ind. tional Bank, Woburn, Maine. He an manager. Engine Division, Caterpillar, an attorney, shareholder, and director at Donald Kitchell, BS(M), is vice presi nounces the birth of Thomas on May 2, Mossville, 111. Duda and his wife are ex Bowman, Heintz, Boscia and McPhee, dent and commercial loans officer, Calu 1992. pecting their second child in July 1992. Merrillville, Ind. met National Bank, Hammond, Ind. John Freeland, BS(M), is vice presi Yee Yee Hammond Kuhn, BS(M), is Ira Hogan Jr., BS(M), is employed Jeffrey Leach, BS(M), is executive dent, Senesac Inc., Otterbein, Ind. provider relations coordinator, Indiana with MidAmerica Computer, Carmel, vice president, Passaic Rubber Co., Janet Graham, BS(M), is a program University Department of Medicine, In Ind. Wayne, N.J. mer/analyst, Lincoln National Corp., dianapolis. Sarah Mullikin, BSIM; see Gradu Daniel Marburger, BS(M), is assis Fort Wayne, Ind. Donna Martz, BS(M), is president ates, 1979. tant professor of economics, Arkansas George Lumm, BS(M), is chief of the and consultant. Energize Aerobics & Martha Silver, BS(M), was recently State University. "I had a chapter en San Mateo County Controller's Office, Exercise, Indianapolis. Martz was a cer appointed Director of Audits at Purdue titled 'Bargaining Power and Baseball' Belmont, Calif. tified public accountant in 1983, stock University, West Lafayette, Ind. published in the book Diamonds Are For Diane Hale Murphy, BS(M), is a staff broker in 1987, Shape magazine reader Barry Smith, BS(M), is partner and ever: The Business of Baseball from the accountant, Reese Henry & Company, model in July 1987, the Pan Am aerobic vice president, Fulton Armstrong Asso Brookings Institution. Also, my wife Aspen, Colo. coordinator in August 1987, the National ciates, Nashville, Tenn. Carleen and I announce the birth of Jeffrey Sides, BSIM, is program man Employee Health and Fitness chairper Thomas Ullman, BS(M), is presi Kathlyn Elizabeth on April 14,1992." ager. General Research Corp., Fairborn, son for Indianapolis in 1990 and 1991, dent and owner of Ullmanique Inc., Marcia Sutherlin McHie, BS(M), is Ohio. and owner of Energize Inc. from July High Point, N.C. "After gaining 15 years director, end user computing, American Maria Cross Thames, (M), is an em 1985 to present. of valuable experience in both residen United Life, Indianapolis. ployee relations supervisor, Allied- Scott Ritchie, BS(M), is senior market- tial and office furniture, I recently de Bendix, Summter, S.C. ingrepresentative,J.D.Edwards,St. Louis. cided to start my own custom wood Julie Goonewardene Wallin, BS(M), working business. With specialization 1979 is a principal, TSC, Chicago. "TSC went in architectural millwork and contem James Chinworth, BSIM, is associate 1980 public in September. We completed a porary furniture, we are presently mak pastor, Mountville Church of the Breth Michael Blessing, BSIM, is manager, secondary offering in January. I am also ing custom furniture for three compa ren, Mountville, Pa. Merrillville Tent & Awning, Merrillville, on the board of directors of Unisource, a Ind. telecommunications consulting firm." Michael Fitzpatrick, BS(M), is south ern group controller, Aircap Industries, TIMOTHY DUKE Tupelo, Miss. 1982 NAMED VICE PRESIDENT OF Patrick Gammon, BS(M), is director of Mark Bacher, BSIM, is senior pro training, Morrison Custom Management, duction buyer. Automotive Group, Rob SPECIAL MARKETS Mobile, Ala. He announces his marriage to ert Bosch, Charleston, S.C. Bacher and Patricia in Novemb)er 1990 and the birth of wife Nancy announce the birth of Alyssa a daughter in September 1991. on Sept. 4,1991. Witco Corporahon has named Timothy Charles Hudson, BS(M), is technical Thomas Costakis, BS(M), was re Duke, BSIM '72, vice president of support manager. Advanced Manufac cently named a partner in the law firm of turing Technology, Roswell, Ga. Richardson Battery Parts Division, in Krieg DeVault Alexander & Capehart, Nancy Mahon, BS(M), is vice presi Indianapolis. charge of special markets. Duke is re dent, Robert A. Stanger & Co. Consult Gregg Dittman, BSIM, is vice presi sponsible for the development of prod ing Services, Shrewsbury, N.J. dent. Corporate Lending, First Florida Michael O'Connell, BS(M), is mar Bank N.A., Melbourne, Fla. ucts other than battery containers and keting manager, Thermadyne Industries, Timothy Gland, BSIM, is purchas the expansion of the reprocessed material customer base. St. Louis. ing manager. Aerospace Products Divi Duke joins Witco with a strong background of twenty years in sales David Prafka, BSIM, is employed as sion, Lord Corp., Erie, Pa. a public educator within North Carolina, Anthony Gregory, BS(M), is branch and marketing for injection molded products. Most recently he has educating the state's youth in the area of manager. Bank One, Indianapolis. been the marketing manager for Security Plastics in Florida. He has manufacturing. He returned to this posi Rebecca Nettles Mansmann, BS(M), relocated from Miami to Indianapolis, Indiana, where the division is tion upon completion of active duty with is a homemaker in McAllen, Texas. She the U.S. Marine Corps in southwest Asia announces the birth of Erin on April 19, headquartered. serving as a line company officer during 1988, and Jay on March 12,1990. Eric Myers, the division's vice president and general manager, said, Desert Storm and Desert Shield. He has Mike Olsen, BS(M), is account man been accepted into North Carolina State "We can apply our nearly 30 years of experience in the plastics injection ager. Exhibit Group Chicago, Elk Grove University School of Adult Education Village, 111. Olsen is working on a mas molding business to a wealth of new market opportunities which we masters program targeting training and ters in marketing communications at have given Duke a charter to develop. He will be exploring growth development. Roosevelt University, Chicago. opportunities not only through the development of new business but Thomas Sharp, BSIM, is a training/ Richard Sinclair, BS(M), is an agent testing coordinator. North American Co. with State Farm Insurance, Salem, 111. He also through the acquisition of plastics injection molding companies." for Life & Health Insurance, Chicago. is president of the Keep Salem Beautiful Witco Corporation, based in New York City, is a worldwide David Stanton, BS(ECON), was pro organization, a member of the Salem manufacturer of specialty chemical and petroleum products and engi moted to special claims representative. Chamber of Commerce Board of Direc Farmers Insurance Group, Lafayette, Ind. tors, on the Kaskaskia College Business neered materials with annual sales of more than $1.6 billion. Jeffrey Thorson, BSIM, is vice presi Council, and a member of the Elks, Ma dent, Trammali Corp., Tampa, Fla. sonic Lodge, Shriners, and Rotary. 32 Krannert Portfolio Fall 1992 ALUMNI NEWS AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA Lisa Stackhouse, BS(M), is a human cialist. Family Restaurant Division, Res excited to report the sale of a home to one of nior programmer/analyst, American resource information systems analyst, taurant Enterprises Group, Irvine, Calif. his fellow management classmates. United Life Insurance, Indianapolis. corporate human resources, Amoco She recently started a home-based busi Timothy Moman, BSIM, is manager, Roger Van Wazer, BSIM, is a special Corp., Chicago. ness Laughter-N-Lace with husband and Kimball International, Dale, Ind. agent, Hoopis Financial Group, North Maridell Thompson, BS(M), is mar co-partner Billie. She is also a volunteer Thomas Montalbano, BS(ACCT), is western Mutual Life, Northfield, III. "On ket manager, Taco Bell Corp./Pepsi Co., naturalist for the Upper Newport Bay assistant controller. Technology Solu May 1, 1992, I attained the Chartered Gulf Breeze, Fla. Ecological Reserve. tions, Chicago. Montalbano is on the Financial Consultant (ChFC) designa Pamela Ross Todd, BS(M), is man Lisa Evans, BSIM, is a purchasing agent, board of directors and treasurer for tion." He announces his marriage to ager of account development, American Kimberly-Clark Corp., Lexington, N.C. Homeowners Association. Therese Kantzler on July 26,1992. Express TRS Co., Atlanta. Cathy Hamlin, BS(M); see Gradu Karen Fruth Nannet, BS(M), is a sys Daniel Wilson, BS(ACCT), is senior Michael Woronof f, BSIM; see Gradu ates, 1986. tems engineer. Electronic Data Systems, staff accountant, Subaru-Isuzu Automo ates, 1982. Karel Homrig, BS(M), is associate a subsidiary of General Motors, Lombard, tive, Lafayette, Ind. Lynn Yates, BS(M), is banking man director. Planning and Development, III. ager, Adria Laboratories, a subsidiary of Prevention Resource Center, Springfield, Joseph Noonan, BS( ACCT), is a semi III. Erbamont Inc., Columbus, Ohio. narian, Mundelein Seminary, Mundelein, "1991 PROMOTION Frank Johnson, BSIM, is regional III. "I worked as a CPA for two years training instructor, Toshiba America, before becoming a financial controller AGENCY OF THE YEAR" Chicago. for a small company. 1 held that position 1983 LED BY VICTOR IMBIMBO Lisa Davis, BS(M), is director of fi James Kapps, BSIM, is senior com for three years before entering the semi nance. Corporate Division, Samaritan modity manager, Allison Transmission nary full time to pursue a religious voca Health Services, Phoenix. She received Division, General Motors, Indianapolis. tion. I'm currently in my second year and an MBA from Arizona State University Kapps received an MBA from Butler plan to be ordained a Roman Catholic in May 1992. University on May 9,1992. priest in May 1995." Gordon Helms, BS(ACCT), is con Charles Lindsay, BS(M), is assistant Julie Hummel Reimers, BS(M), was troller, Carmel Care Center, Carmel, Ind. director of development, WHYY, Phila promoted in March 1992 to business He announces the birth of Jennifer Lee delphia. manager, Andersen Consulting, Phoe on March 7,1992. Linda Petro, BS(M), is an inside sales nix. She announces the birth of Katelyn Mark McClure, BS(M), is a sales rep representative. Plastics Division, Ryerson Rose on Jan. 30,1992. resentative, Landis Gyr Powers, Buffalo Plastics, Chicago. Michael Schultheis, BS(M), is man Grove, 111. Lisa Puckett, BSIM, is an engineer, ager of financial planning and analysis, Kristin Frank McGarey, BSIM, is an Indiana Bell, Indianapolis. GE Aerospace, General Electric, Daytona account representative. The Analytic Sci Delois Spivy-Green, BS(ACCT), is Beach, Ha. He transferred from GE Power ences Corp., New York. seniorsystemsstaff analyst. Dean Witter, Generation, Denver, to GE Aerospace in Janet Moore, BSIM, is a data analyst, a subsidiary of Sears Roebuck & Co., May 1991 and is working toward the fi Advertising Age named The informations systems, Dow Chemical Riverwoods, 111. nancial conversion/consolidation of two Co., Midland, Mich. "I was elected to the Margaret WeschlerWacIawik, BSIM, aerospace departments by Jan. 1,1993. Hadley Group of Stamford, Gregory Velisek, BSIM, is a ware board of directors of the Bay City Row is working out of her home as a computer Connecticut, "The 1991 Promo ing Club and promoted to Lieutenant consultant. She announces the birth of house supervisor, Kraft, Denver. tion Agency of the Year." The Junior Grade in the U.S. Naval Reserve. Cari Matthew on Dec. 18,1991. In August 1991,1 graduated with a sec Margaret Forsythe Wood, BS(M), is announcement cited The Had ond BS in computer technology and was vice president of accounting. The Bodner 1986 ley Group's innovative tactics selected as one of the 100 Outstanding Cos., Indianapolis. I Joseph Brown, BS(ACCT), trans and strong marketing strate Purdue Seniors." ferred from KPMG Peat Marwick in Fort Michele McCune Rose, BS(M), is Lauderdale, Fla., to Senior U.S. Tax Con gies as reasons why the agency medical staff secretary, administration 1985 sultant at KPMG Peat Marwick in Hong won the title. department. Memorial Hospital and Brenda Roberts Bocek, BS(ACCT), Kong for 18 months. Health Care Center, Jasper, Ind. She was has just moved from Pittsburgh to New John Ferguson Jr., BSIM, is senior Victor Imbimbo, BS(M) '76, married in August 1991. Jersey with her husband and son. They business analyst, Kraft General Foods, founder and president of The Northfield, III. Colleen Shank, BS(M), is a house are expecting a child in October. Hadley Group, commented, wife in Fort Wayne, Ind. She announces Diane Dysert, BSIM, is continuous Catherine Gart, BS(M), is a sales en the birth of Amber Jean on Sept. 17,1991. improvement specialist. Electronic Con gineer, Molex Inc., Lisle, 111. "The honor really l)elongs to our Daryl Spindler, BSIM, is plant man trols, United Technologies, Huntington, Steve Hoffmeyer, BSIM, is a staff clients. They allow us to pro programmer. Personal Property and ager. General Magnaplate Wisconsin, Ind. duce untraditional programs Racine, Wis. Kathleen Kinder, BS(M), is a phar Casualty Systems, Allstate Insurance, and to try new tactics never be Delois Spivy-Green, BSIM; see Un maceutical sales representative. Prescrip Northbrook, 111. He and wife Jenni Stritof, dergraduates, 1984. tions Product Division, Marion Merrill BSIM '86, announce the birth of Alex fore used in the industry." William on April 3,1992. Dow, Kansas City, Mo. The seven-year-old Hadley Ronald Kruger, BS(M), is assistant Laurence Neuman, BSIM, is a sales 1984 vice president, Peoples State Bank, representative, Intercraf t Industries, Tay Group reports capitalized lor, Texas. Michael Berry, BSIM, is production Francesville, Ind. Heannounces the birth revenue of $13 million and has Lynne Van Matre Pattison, BSIM, is manager, Trostel Packings, Lake Geneva, of Lance Benjamin on March 25,1992. manager, Treehouse Tales Bookstore, 13 employees. Currently, the Wis. Elizabeth Martin, BS(ACCT); see Indianapolis. agency services a broad Donna Bunch, BS( ACCT), completed Graduates, 1987. Timothy Shaw, BSIM, was promoted her law degree at the University of Wis Stuart McDougall, BSIM, is an in range of clients including the to facility planner, Jenks Facility, Kim- consin-Madison, on May 15, 1992. Her dustrial engineer, Western Wheel, a di beriy-Clark, Jenks, Okla. "The Jenks Fa E & J Gallo Winery, Parker specialization is tax law and she is em vision of Kelsey-Hayes, Huntington, Ind. cility produces Kleenex Premium Bath ployed in the Tax Consulting Division of Pens USA, DriBeck Importers, Steve Meeker, BSIM, is a realtor with Tissue." Shaw announces the birth of Arthur Andersen & Co., Chicago. NutraSweet, and NYNEX. Price Realtors, Highland, Ind. Heannounces Anne Katherine in December 1991. Stephanie Puncochar Ennis, (M), the birth of Adam Alexander on Feb. 23, Kimberly Stegemiller, BSIM, is se was promoted to employee relations spe 1992. He purchased a new home and is Krannert Portfolio Fall 1992 33 ALUMNI NEWS AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA see Graduates, 1990. Joni Burton, BSIM, is an industrial THOMAS COSTAKIS John Brasch, BSIM, is account man engineer, Ingersoll-Rand, Indianapolis. ager, financial systems. Software 2000, Vincent Carahaly, BSIM, is an ana NAMED PARTNER Oak Brook Terrace, 111. "I left Ernst & lyst with Bell Atlantic, Philadelphia. Young on April 8, and started at Soft Anthony Garrett, BSIM, is a quality ware 2000 on April 20.1 wanted to get control manager. Shaver Division, BIC Thomas Costakis, BS(M) '82, has been further into higher level application con Corp., Milford, Conn. "I was promoted named a partner of the Indianapolis law sulting instead of technical consulting." to this position on Dec. 1,1991. Our facil Cynthia Chen, BS(M), is group man ity is the sole manufacturer of all BIC firm of Krieg DeVault Alexander & ager. Pentagon City, Macy's East, Ar single blade shavers sold in North and Capehart. lington, Va. She will marry Jeff Basalik in South America. We produce over 3 mil Krieg DeVault Alexander & June 1993. lion shavers daily." Rola Muwakki Dajani, BSIM, is an Ron Graffis, BS(M), is a technical Capehart is a diversified law firm of inventory control analyst, Racal Datacom, sales representative. Quantum Chemi more than 40 lawyers representing a Sunrise, Fla. cal, Cincinnati. "My wife and 1 have re v^de variety of local, regional, and na Susan Fleet, BS(M), is assistant port cently relocated from Chicago down to folio manager, Shearson Lehman, New the Dallas-Fort Worth area. I am still tional clients. The tirm's areas of practice include: general corporate York. Fleet was recently made an assis representing Quantum Chemical and my law, securities regulation, public and private offerings, commercial tant vice president at Shearson Lehman. wife has taken a new job with Smith banking, bank holding company regulation and transactions, mergers Linda Garberick Krathwohl, Kline Beechan." BS(ACCT), is assistant controller. Greg Grulikowski, BS(M); see and acquisitions, trial and appellate litigation, federal and state taxa Railroadmen's Federal Savings & Loan Graduates, 1991. tion, employee benefits, administrative law, estate planning and trust Association, Indianapolis. Andrea Deaton Hammond, BS(M), administration, real estate, environmental, health law, family law, Theata Lambert-Tennon, BSIM, is is a mortgage loan officer. Home Federal production supervisor, Harrison Divi Savings Bank, Columbus, Ind. government relations, creditors rights, antitiiist and secured lending. sion, General Motors, Dayton, Ohio. Kathleen Henderson, BS(M), is ad Costakis, also a graduate of the Indiana University School of Law, "There are many Buckeye fans at my ministrative assistant manager. Photo primarily devotes his practice to litigation, including commercial plant so I'm constantly defending the Finishing Division, Fuji Photo Film Ha Boilermakers." Lambert-Tennon was waii, Honolulu. Utigation, defense of major manufacturers in product liability actions, previously a manufacturing engineer for Tamara Noel Kiefer, BS(M), is a fi representation of various commercial creditors and lenders, and has V-5 compressor control valves at nancial analyst. Strategic Division, significant experience with environmental issues. Harrison. She is also attending the Uni Thiokol Corp., Brigham City, Utah. She versity of Dayton, expecting to receive announces the birth of Kristin Noel on Costakis is married to the former Julie Smith of Carmel, Indiana, her masters of management science in Dec. 29,1991. and the couple have a 2-year old son, John David. December 1993. Lambert-Tennon an Peter Kingma, BS(ECON), is a mar nounces her marriage to Kevin Tennon keting representative, U.S. Marketing and and the birth of Deja Eshe Tennon on Service, IBM Corp., Indianapolis. Kingma visor. Consolidations, Conseco Inc., Feb. 5,1991. recently finished a term on the board of 1987 Carmel, Ind. Jane Kamman Nolting, BS(M), is the Purdue Alumni Association. John Hackett, BSIM, is senior con Laura Russell, BS(ACCT), is senior coordinator of asset management, Reyna Edward Kuczkowski, BSIM, is se sultant, Financial Services, Andersen Con accountant, FirstCapital Financial Corp., Financial, Reynolds & Reynolds, Day nior programmer analyst. Mutual of sulting, Chicago. He recently completed Chicago. ton, Ohio. Omaha Insurance, Omaha, Neb. his MBA at the The University of Chicago Angela Sabo-Mathias, BS{M), is a Homer Schmucker, BS(ACCT), was Eric Lamb, BS(ACCT), is an experi and was married in November 1991. pharmaceutical sales representative. asked to take over the responsibility for enced staff auditor. National Futures Linda Manion Haltom, BS(ACCT), Medical Products, Kabi Pharmacia, the campus ministry at Purdue Univer Association, Chicago. He and his wife is owner of Data Management Services, Tampa, Fla. She announces her marriage sity on Dec. 31,1991. He is now a full- announce the purchase of their first home Crawfordsville, Ind. to John Mathias on Oct. 26,1991. time campus minister with the India in May 1992, Diane Garrett Jamieson, BS(ACCT), Stuart Smith, BSIM, is parts and ser napolis Church of Christ and a member Barbara Bradley Lima, BS(ACCT), is is senior tax analyst. Solo Cup Co., High vice zone manager. Ford Parts and Ser of the University Ministers Organization a staff accountant, Melvin Simon & As land Park, 111. vice Division, Ford MotorCo.,Southboro, at Purdue, West Lafayette, Ind. sociates, Indianapolis. She announces her Rodney Ludwig, BS(ACCT), is an Mass. "I received Zone Manager of the Scott Sorensen, BS(ACCT), is senior marriage to Tim Lima on Sept. 28,1991. agent with the Internal Revenue Service, Year honors in service criteria for the accountant, Deloitte & Touche, India Sabrina Lo, BSIM; see Graduates, Aurora, 111. Boston district of FPSD in 1990 and 1991." napolis. 1989. Joseph McMurry, BS(M), is product Smith announces his marriage to Tracey Stacey Thomas, BS(ACCT), is reim Phyllis Metz, BS(M); see Kevin Metz, line manager, CTS Microelectronics, West Elizabeth Rodgers on April 6,1991. bursement manager, St. Joseph Hospital, Graduates, 1988. Lafayette, Ind. "I just recently finished Peter Wilk, BS(ACCT), is product Fort Wayne, Ind. John Peck, BS(M), is a junior analyst, my MBA with Indiana Wesleyan Uni manager,H.M.S.BoxCo.,Stratford,Conn. Worid Book Direct Marketing, Evanston, versity. On April 1,1 was promoted to 111. product line manager with total P & L 1989 Jennifer Ancil Phillips, BSIM, is a responsibilities for the two largest pro 1988 Amy Adams, BSIM, is strategic ac technical analyst. Standard Technology, duction lines at this division. The same Ruth Deckard Alexander, BS(ACCT) count manager. Motors Division, Gen Lorton, Va. day 1 received word of the promotion, isacertifiedpublicaccountant,Pritchard- eral Electric, Naperville, 111. Amy Pickard, BS(ACCT), is an ac my wife and I also learned that our offer Mooney & Co., Indianapolis. Douglas Baumgarth, BSIM, is mar countant. Motorola, Schaumburg, 111. had been accepted on our first home. As Donald Bluethmann, BS(M), is a QA keting manager, OMEGA Software, Michael Pusateri, BS(M), graduated you can tell, things have been going very software tester, Sungard Investment Sys Norcross, Ga. He announces his mar on May 16,1992, from the University of well." tems, Hinsdale, 111. riage to Michele on Feb. 29,1992. Illinois, Urbana-Champaign with his Elizabeth Lebrecht Pitts, BS( ACCT), Ross Boyd, BS(M), is director of Kathleen Brouwer-Gettinger, MBA in marketing and is seeking em is a financial analyst, Conseco Inc., graduate admissions, Barry University, BS(ACCT), is senior accountant, Ernst & ployment in the Chicago area. Carmel, Ind. Miami Shores, Fla. Young, Louisville, Ky. She announces Darrin Sheetz, BSIM; seeGraduates, Lori Protsman, BS(ACCT), is super Natalie Coleman Bradshaw, BS(M); the birth of Caitlin Jean on April 30,1992. 1989. 34 Krannert Portfolio Fall 1992 ALUMNI NEWS AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA Todd Shoemaker, BS(M), is item pro ate the process by which Essex Town Anne Storjohann, BSIM, is associate Jill Whiteman, BS(M), is a consumer cessing manager. Anchor Savings & Loan High School students are educated and program director. President's Associa advisor. Electronic Data Systems, Pontiac, Association, Madison, Wis. served as head coach of the Essex Junc tion, Department of Councils and Con Mich. Kimberiy Smith, BS(ACCT), is ex tion High School cheerleading program." sumer Affairs, American Management Brian Williams, BS(M), is account aminer. Office of Thrift Supervision, De Michelle Samuels, BS(ACCT) is a Association, New York. manager. Commercial Division, LTV partment of the Treasury, Indianapolis. staff accountant, Columbia Pictures In Deanna Vietti, BS(ACCT), is a staff Steel, Rolling Meadows, 111. ternational, Burbank, Calif. She an accountant, Ernst & Young, Indianapolis. nounces her marriage to Jason Samuels 1990 (1989 Purdue graduate) on Jan. 5,1991, Marisol Agosto, BS(M), graduates in Sean Spielman, BS(M), is a safety Join Fellov^ Krannert Alumni for the.. December with a masters of education in and workers' compensation specialist, human resource development/training Barr Co., a division of Pittway Corp., and development from the University of Niles, III. Spielman has earned OSHA Seventh Annual Illinois. During the summer and fall se accreditation and has been certified in mester she worked in the planning, imple safety and health by the Illinois Safety mentation, and evaluation of total qual Council. Krannert Homecoming ity management training for the U.S. Myron White, BSIM, has been Army Engineering Corps. awarded a Phi Kappa Phi national fel Tailgater Cherie Fenter Bagadiong,BS( ACCT), lowship for graduate study. White, the is accounting and finance officer, only recipient from Indiana, was one of McConnell Air Force Base, Wichita, 50 selected for the honor from nomina Kansas. Bagadiong spent a year in the tions submitted by 182 chapters belong Azores Islands, Portugal, serving as ing to Phi Kappa Phi national scholastic Celebra^^, deputy accounting and finance officer. honor society. White will use the $7,000 She announces her marriage to Nolan fellowship to study business administra Bagadiong (1990 Purdue graduate) on tion at Harvard University. White has Feb. 9,1991. They are both second lieu worked at Eli Lilly and Co., Indianapolis, tenants. since graduation. He is an associate fi Patrick Clemens, BS(M), has ac nancial analyst in corporate strategic cepted a position in the department of planning. economic development at the Fort Margaret Wood, BS(M), is an accoun Wayne, Ind., Chamber of Commerce and tant executive, commercial markets, will focus exclusively on soliciting and AT&T, Indianapolis. She is a member of expanding Japanese investments in the the AT&T 1991 Achiever's Club, area. Ambassador's Network of Women in Timothy Coleman, BSIM, entered the Business, National Association of Pro Northwestern University Kellogg Gradu fessional Saleswomen, and Indianapolis ate School of Management in June 1992 Junior League. on the Four Quarter Program. His major emphasis is marketing and information management. 1991 Brian Grosheider, BS(ACCT), is Gina Conte, BS(M), is a sales coordi manager of sales and marketing finan nator, Morency Weilde & Sapa, cial services, Bremner, a subsidiary of Naperville, III. Ralston Purina, Louisville, Ky. Gary Kline, BS(M), is director of en Complimentary Kathleen Muth Hildebrand, BS(M), gineering. University Broadcasting Co., is a housewife in White Pigeon, Mich. Indianapolis. Kline is also an engineer Hot Dogs, Gourmet Pastries, Purdue Apples, She and husband Michael (1990 Purdue forWAZY Lafayette, WBWBBIoomington, graduate) announce the birth of Mary KIMN Fort Collins, Colorado, Purdue Purdue Cider Elizabeth on Aug. 22,1991. Sports Radio Network, lU Sports Radio Diane Kasa, BS(ACCT), is an accoun- Network and WHHH Indianapolis. WHO: tant. Multiple Zones International, Doug McDonald, BS(M), is account All Krannert Alumni Redmond, Wash. She announces her manager, Emery Worldwide, Urbana, 111. He is in charge of freight sales for the marriage to John DeWald (1989 Purdue WHEN: Saturday, October 3,1992 graduate) on Aug. 15,1992. Illinois territory. Kyle Lindley, BS(M), is a sales repre Kurt Miller, BSIM, is manufacturing supervisor, Delco Electronics, Kokomo, sentative, UARCO Inc., a subsidiary of TIME: City Investing Co., Dekalb, 111. Ind. Tv^o hours before kick-off of the Charles Morand, BS(M), is vice presi Peter Miller, BSIM, is a consultant, Purdue - Northv^estern Game dent in charge of sales, L. T. Morand Tool Crowe Chizek & Co., Indianapolis. He Co., Evanston, Ind. announces his marriage to Jennifer Robyn Myers, BS(ACCT), is an ac Osburn (1991 Purdue graduate) in July WHERE: Look for the Krannert Blue counting analyst. General Technology 1992. Division, International Business Ma Neelam Patel, BS(M), is delivery su Balloon, Grand Prix Lot, chines, Essex Junction, Vt. "1 was re pervisor. Marketing Operations, Mobil north of Ross-Ade Stadium cently promoted to accounting analyst at Oil Corp., Albany, N.Y, IBM Buriington. I elected to serve as Mark Schoeff, BS(M), has been ap Town Moderator for the 1991 and 1992 pointed deputy press secretary for Sena For more information, please call Tina McConnell, Annual Town Meetings. 1 served as chair tor Richard Lugar, Washington, Krannert School Alumni Office (317) 494-4453 man of a school board committee to evalu Krannert Portfolio Fall 1992 35 ALUMNI NEWS AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA PURDUE UNIVERSITY • KRANNERT GRADUATE SCHOOL OF MANAGEMENT EXECUTIVE MASTER^S PROGRAM Uniquely designed for busy, high-potential managers who want a master's degree in management from a highly regarded institution while maintaining their normal employment activities, this intensive program concentrates on- campus instructional time into six two-week periods spanning twenty-two months. Unlike most other executive master's programs, which require either weekend or evening attendance on a continual basis, the Krannert Executive MSM Program combines on-campus class time with off-campus assignments. As a result, the program: • Is tailored to the decision-making needs of management in today's complex and rapidly changing economic environment. • Prepares participants to assume general administrative responsibilities by providing training in all functional areas of management. • Enlarges participants' understanding of the organization in its competitive milieu and develops an integrative policy-making perspective. • Avoids the frequent commuting and constant distraction from job responsibilities that are associated with the typical weekend or evening Executive MBA Program. • Facilitates career planning by allowing for the potential need for participant job relocation during the program. • Accommodates participants' ongoing job-related travel demands. • Draws participants from all parts of the United States as well as from foreign countries, providing rich opportunities for participant interaction. If you know someone in your organization who would benefit from such a graduate management education program, have him or her call or write: Professor W. G. Lewellen, Director Krannert Executive Education Program Purdue University West Lafayette, Indiana 47907 SQ (317) 494-7700 for a program brochure and application form. M-'Mft^PJ*!* ^ Krannert Portfolio Fall 1992 ALUMNI NEWS AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA GRADUATE S Russell Wilde III, MSIA, is presi Award for Excellence in Instruction. 1961 dent. Home Security Centers, Randall Mount, Ph.D., is employed 1971 Hal Howes, MSIA, is vice president Englewood, Colo. at Kent State University, Economics De Steven VanVoorhis, MSIA, is em of Aerojet - General Corp., Washington. partment, Kent, Ohio. ployed at General Electric, medical sys Joseph White, MSIA, is senior vice tems manufacturing department, 1967 president. Automatic Data Processing, Waukesha, Wis. 1963 Patrick Egan, MSIA, is director of Roseland, N.J. He has been named to the Charles Stalon, MS(M); see Gradu information systems, ITT Fluid Technol board of directors of the New York ates, 1966. ogy, Morton Grove, III. Regional Transplant Program, a non 1972 John Gault, MSIA, is vice president profit organization whose mission is to Wilbur Peterson, MSIA, is manager and general manager, John Deere encourage and facilitate organ donation of administration, McDonnell Douglas [1964 Welland Works of John Deere, Welland, in the New York metropolitan area. Training, Charleston Air Force Base, S.C. I Randall Mount, MS(M); see Gradu Ontario, Canada. Gault serves on the White recently completed five years of ates, 1969. boards of John Deere, John Deere Fi service as a member of the board of nance, and John Deere Insurance Co. of directors of the American Association 11973 Canada. He also serves on the executive of Kidney Patients, a non-profit organi 1 John Haller, MS(M), is vice presi 1965 committee and board of the Niagara Pen zation which helps patients cope with dent. Peoples Savings Bank, Ashtabula, Richard Adams, Ph.D., is president insula Industry Education Council. their kidney disease, and continues to Ohio. of the University of Sarasota, Fla. serve on the finance committee of the John Gilbert, MSIA, is corporate re board. White received his first kidney cruiter, Houston Service Center, Ameri 1968 transplant in 1965 when he was a senior 1974 can Medical International, Houston. Gil Terry Campbell, MSIA, is vice presi at Purdue. He received his second trans Art Hill, MSIA; see Graduates, 1977. bert relocated from the Beverly Hills, dent, Nevada Hydrocarbon, Reno, Nev. plant in 1988. White, his wife Dottie and Catherine Smith Taylor, MS(M), is a Calif, offices. He announces the birth of He is a member of the Reno Financial daughters Suzanne and Barbara, live in cytogenetic technologist, Emory Genet Walter on March 9,1992. Advisory Board and of the steering com Oradell, N.J. ics Laboratories, Decatur, Ga. Charles Godfrey, MSIA, is employed mittee of Dahl for U.S. Senate, and chair Ken Weismantel, MSIA, is product with Turbo Power and Marine Systems, man of the Washoe County Republican manager, Standard Cryogenic Systems, a subsidiary of United Technologies, Platform Committee. 1970 Process Systems International, Riviera Beach, Ha. James Feerst, MSIR, is president, Barry Dacks, MSIA, is national prod Westborough, Mass. "I was elected as a James Feerst & Associates, Northfield, uct manager, Dallastone Inc., Jackson water and sewer commissioner of 111. ville, Fla. Hopkinton, Mass. My campaign theme: 1966 Gordon Teter, MSIR, is president and Robert Gadomski, MSIA, is group operate the town's water and sewer de John Balconi, MSIA, is employed chief operating officer, Wendy's Interna vice president, chemicals group, Air partments as a business, a unique non with Alliant Techsystems, Elwood, 111. tional. Mr. Teter recently spoke at the Products and Chemicals, Allentown, Pa. profit business where the customers are Krannert Executive Forum. John Schattyn, MSIA, is project man On April 24, Gadomski was one of nine also the owners. Hopkinton is just start ager. Bayou Bay Corp., Houston. Purdue alumni who received the Distin ing to install a town sewer system and Charles Stalon, Ph.D., is director of guished Engineering Alumni Award, the water system needs expansion to meet the institute of public utilities. Econom 1969 which is conferred each year by the fac town growth needs." ics Department, Michigan State Univer Gerard Buente, MSIA, is a computer ulty of the Schools of Engineering to sity, East Lansing. information systems instructor at the recognize a graduate's contributions to Lawrence Swerling, MSIA, is direc southwest campusof Indiana Vocational engineering and related fields. 1975 tor of corporate strategic planning, li Technical College, Evansville, Ind. Based John Stamper, MSIA, is president. Dick Butchka, MSIA, is manager, censing, and acquisitions, Rohm and on nominations from students and fac Digital Management Systems, employee relations, HT&T, a subsidiary Haas Co., Philadelphia. ulty, Buente received the 1992 President's Englewood, Colo. C. Brewer & Co., Hilo, Hawaii. "I retired Krannert Portfolio Fall 1992 37 ALUMNI NEWS AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA from the Coast Guard after 27 years and Tommy Sutton, MSIR, is owner of establishing Benton Harbor as a viable, recently joined HT&T, a company in Sutton Associates, Sidney, Ohio. profitable, attractive, and safe place to 1980 volved in sugar cane and raw sugar Stuart White, MSIA, is a captain and work and live." Rebecca Anderson, MS(M), is cost hauling, sales and service for Peterbilt commandant/project manager, U. S. Judith Samans-Dun, MSIA, was pro accounting manager. Fries & Fries, a sub and other large truck and stevedoring Coast Guard, Washington. moted to director of health center #1, sidiary of Mallinckrodt, Cincinnati. for the Port of Hilo on the Big Island. I Department of Public Health, City of Robert Chambers, MS(M); see will commute back to Honolulu on Philadelphia. This health center diag Graduates, 1985. weekends where Gwyn is owner/presi 1976 noses and treats sexually transmitted Ann Joyce Eiden, MSIA, is market dent of Alii Ohana Property Manage Bjom Frostad, MS(M), started his diseases and provides HIV testing. ing manager. Specialty Polymers and ment Co." own company, Landus Ab., Linkuping, Chemicals Division, BFGoodrich, Lillian McNeil Conrad, MS(M), is Sweden. "The business objective is to Brecksville, Ohio. She announces her department head, investigation, RTC, establish trade links between the former 1977 marriage to Robert Eiden in 1988 and the FDIC, Tampa, Ha. communist bloc and the west (including Art Hill, Ph.D., was promoted to full birth of Elise Ann on Oct. 12,1991. James Pattison, MSIA, is senior vice the U.S.A.), primarily in forest-based in professor, Carlson School of Manage Raymond Hook, MSIA, is regional president. Cardinal Communications, dustries, but as things develop I find ment, University of Minnesota, Minne manager, instrument services, AT&T Peru, Ind. myself engaged in aero-space, Russian apolis. "I have enjoyed traveling to Rus Capital Corp., Dallas-Forth Worth. Thomas Ribar, MSIA, is president watches, etc." sia, Hungary, and South Africa several David Farente, MS(M), is vice presi and owner. Management Solutions In Gary Marsh, MS(M), is director, times in the past few years. I'd love to dent of marketing information services, ternational, an education and consulting business travel center. Whirlpool, hear from old MSIA 1974 classmates." strategic program implementation. firm for manufacturing companies in Benton Harbor, Mich. "I addressed the Stephanie Londwehr Koke, MS(M), Citibank, Chicago. Brown Deer, Wis. January 1992 National Business Aircraft is product support manager, Eden Sys Philip Peterson, MS(M), is director Kenneth Riley, MS(M), is a colonel Association Scheduler's Conference in tems, Carmel, Ind. of finance. Parkview Memorial Hospital, and commander, 1000 Satellite Opera Denver on 'The Importance of Corpo Dennis McFadden, MSIA, is assis Fort Wayne, Ind. tions Group, Offutt Air Force Base, Neb. rate Business Travel Policy.' I am the tant manager, regulatory affairs, Bruce Sing, MSIA, is staff engineer, program chairman for Benton Harbor Gustafson, Piano, Texas. planning and control, Delco Chassis Di Now, a business group dedicated to re- vision, General Motors, Dayton, Ohio. Mark Spada, MSIA, is vice president 1978 of sales and marketing, Genco Distribu Howard Krauss IH, Ph.D., was pro tion System, Cheswick, Pa. moted to senior manager of communi cation systems and services, Boeing Computer Services, Vienna, Va. His fo 1981 cus is engineering and business devel Joseph Koczwara, MSIA, is systems opment. analyst, Procter & Gamble, Cincinnati. Christopher Foythress, MSIA, is di Heikki Rinne, Ph.D., is a professor rector of engineering space and sea sys of marketing and director of Skaggs In tems, Hamieton Standard, a subsidiary stitute of Retailing, Brigham Young Uni of United Technologies, Windsor Locks, versity, Provo, Utah. Conn. Georgina Weber Sikorski, MSIA, is John Urban, MS(M), is vice presi food industry director, Ralston Purina, dent and quality officer, American St. Louis. President Cos., Oakland, Calif. "After Glen Weinbaum, MSIR, is senior almost four years working in Asia as associate, information services, Morgan managing director of the Philippine Stanley, New York. Region, I was appointed vice president and quality officer on May 1, 1992. American President Cos. is in the fourth 1982 year of our TQM initiative from which FoRMER CONSULTANTS OF ICF FORM Peter Cochran, MS(M), is general we have enjoyed great success. While manager, AIRCO/ARO, Bessemer, Ala. NEW MANAGEMENT CONSULTING FIRM in the Philippines we had our second Timothy Krehbiel, MS(M); see daughter, Jennifer, who is now two. Kathy and daughters Allison and Jen Graduates, 1987. James Karis, BSIM 70 and Jerry Moody, MSIA 73, formerly of ICF, nifer and I are relocating to the San Susan Thomas, MS(M), is manager of accounts payable and corporate disburse International, are two of the three founding members of the KMR Francisco Bay area." ments, finance, Eli Lilly, Indianapolis. Kimberlee McPherson Wolsieffer, Group. KMR Group provides operations and management consulting Michael Woronoff, MSIA, is an as MSIA, is manager of operaHons, services, assisting clients in the areas of manufacturing, logistics, new sociate, Skadden, Ares, Slate, Meagher & Ameritech Information Systems, Flom, Los Angeles. product development, benchmarking, strategic alliances and restruc Schaumburg, 111. "I recently left North Kenneth Zak, MSIA, is development turing of underperforming operations. Headquartered in Chicago, ern Telecom and accepted a newly cre ated position with Ameritech." manager, W. R. Grace & Co., Columbia, with affiliates in Japan and Europe, KMR Group begins their enterprise Md. serving clients such as Baxter International, LaSalle Capital Group, Wilson Sporting Goods, and Sanyo. [1979 1983 I Sarah Mullikin, MS(M), is senior Karis, KMR Group president, has 21 years of industry and consult David Danly, MS(M), is a manager, consultant/program manager. Software Andersen Consulting, San Francisco. ing experience and an extensive background in international business. Solutions, Alexandria, Va. Danly announces his marriage last year. Moody, vice president, has 20 years of industry and operations man Frank Sujecki, MS(M), is vice presi Dennis Lewis, MSIR, is lieutenant dent. The Bank of New York, New York. agement consulting experience. colonel and commander, 5th Battalion 8th Field Artillery Regiment, U.S. Army, Ft. Bragg, N.C. 38 Krannert Portfolio Fall 1992 ALUMNI NEWS AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA Curtis Wible, MS(M), is group man ager, financial analysis, Procter & 1984 EXXON'S 1991 "QUALITY TIGER" AWARDS PRESENTED TO Cheryl Thompson Seagren, MS(M), Gamble, Cincinnati. is pursuing a Ph.D. in clinical psychol LEONARD, SCHNEIDER, AND WHIPPO ogy and in the spring 1991, did research for two professors in clinical psychology 1987 at Cal Berkeley. She announces the birth William Chien, Ph.D., is assistant Three Krannert alumni, each an employee of Exxon USA's Downstream of Daniel Thompson on April 19,1991. professor of management, Baruch Col Controller's Organization, were individually awarded the Downstream Neil Toth, MSIA, is a securities ana lege, New York. Wife Rebecca Chien, Controller's "Quality Tiger" awards for 1991. This award is presented to lyst. Public Employees Retirement Sys MS(M), 1985, is senior associate. Infor tem, Columbus, Ohio. mation Technology Audit Services, Coo four individual recipients annually in recognition of leadership of sig Herve Galon, MSIA, is planning pers & Lybrand, Princeton, N.J. nificant, results-driven quality initiatives. Alumni recipients were: manager, COMPAQ Computer, Les Ulis, Arthur Hein, MSIA, is an applica France. "After six years in the Alps, I tions engineer. Great Lakes Chemical • Gilbert Leonard, BSIM '64, systems supervisor, Exxon Card Center relocated in Paris when I joined Corp., West Lafayette, Ind. • Gary Schneider, BSM '80, new accounts supervisor, Exxon Card Center COMPAQ France last year. A challeng Donna Carlson Howard, MSIA, is a • Mary Whippo, MSM '81, supervisor, Exxon's Downstream Accounting ing time in a fast moving company!" specialist, master production planning. General Electric, Wilmington, N.C. Center Kathleen Kerr, MSIA, is district man Most significant and unusual is the fact that three Krannert alumni ager, Cerenex Pharmaceuticals, Glaxo, 1985 received three of the four individual quality awards for 1991. All three Cole Alexis, MS(M), is cash manage Research Triangle Park, N.C. She an ment officer/product manager. Bank nounces the birth of Lindsay Kathryn on are employed in the same Exxon organization but lead separate, mutu One, Indianapolis. Alexis married Alice April 25,1992. ally exclusive, quality initiatives. In fact, Exxon USA's Downstream Timothy Krehbiel, Ph.D., is assis Johns, D.V.M. (1986 Purdue graduate) Controller Steve Anderson only became aware at the awards dinner in on July 12,1986. tant professor, finance, Oklahoma State Philip Andre, MS(M), is senior fi University, Stillwater. March, that three of the four 1991 awards were presented to Krannert nancial analyst, Anheuser-Busch, St. James Kuester, MSIA, is president. alumni. Louis. Allied Metal Products & Engineering Robert Chambers, Ph.D., is manager Corp., Indianapolis. Kuester is the presi of systems and planning. Scientific At dent of the Purdue Association of India lanta, Norcross, Ga. napolis. Rebecca Chien; see William Chien, Elizabeth Martin, MS(M), is client Graduates, 1987. group supervisor. Information Re Richard Sayers II, MSIA, is vice presi sources, Chicago. dent of human resources, Invacare Corp., Carolyn Moore, MS(M), is market Elyria, Ohio. ing coordinator, Toronto Hydro, Ontario, Canada. "1 work for Canada's largest municipal utility bringing a cus 1986 tomer focus to many of its existing pro Jeffrey Ball, MS(M), is marketing grams and developing new ones based manager. Precision Lens Grafters, Ma on customers' needs. The utility industry is presented with exciting new chal son, Ohio. The Exxon 1991"Quality Tiger" award winners; Mary Whippo, MSM Thomas Dunstan, MS(M), is an as lenges in the 1990's. Our recent family '81, Gary Schneider, BSM '80, and Gilbert Leonard, BSIM '64. sociate in the asset backed securities addition is Greig William Moore Turvey group, Merrill Lynch & Co., New York. born on Sept. 23, 1991, a brother for Dunstan and wife Amy announce the Robert, age 4." birth of their first child Kieran Thomas Chad Wiersma, MS(M), is process tant. Duning is an international planning distribution services, Illinois Bell Tele on May 29,1991. manager. Prince Corp., Holland, Mich. and control analyst, NCR, Dayton, Ohio. phone, Cicero, III. Cathy Hamlin, MSIR, is human re "I have just completed a three year train Susan Faux McNamara, Ph.D., has Bernard Uyttendaele, MSIA, is sources manager. Powder Coat Technol ing program called The Leadership De recently accepted a new position in assistant manager of treasury, European ogy, a Herman Miller Co., Spring Lake, velopment Program which included job Mayville, N.Y. She is working as an in and Transatlantic Operations Headquar Mich. She announces her marriage to rotations every nine months. Upon ternal organizational consultant in the ters, Otis Elevator International, Paris. Robert Newberger on May 16,1992. completion of the program, I became the Department of Social Services. "It's fun "Until the end of 1991,1 worked as credit Johannes Kint, MS(M), is vice presi manager of one of Prince Corp.'s injec and exciting to apply private industry's manager for Otis in Belgium. As of Jan. dent and director. Engineering Manage tion molding operations. One exciting concept of quality management to a hu 1,1 am now working in our European ment, Staalwerk Mill BV, The Nether thing is that machine operators are orga man services organization. It's possible headquarters in Paris assisting operat lands. "I'd like to say Hi to my Krannert nized into self-directed teams. It's fun to and fulfilling." ing companies in mergers, acquisitions, classmates. I'm still working hard (like watch people grow and take on more Kevin Metz, MS(M), is a corporate and supporting treasury service activi all of you) to succeed in business. It will responsibility." expansion analyst, Bass Pro Shop, Spring ties. To all my classmates: If you happen take just another year before I buy my field, Mo. Phyllis Metz, BS(M) 1989, is an to be in Paris you're welcome to contact own business in engineering and manu accountant, Raphaels, Springfield, Mo. us." Uyttendaele married Beatrice facturing equipment for the food indus [1988 John Gosterhouse, MS(M), is senior Speybrouck in August 1988, and they try—the ultimate challenge in entrepre I Glen Carron,MS(M), is division con financial analyst, Maxtor, San Jose, Calif. announce the birth of Elisabeth in July neurship!" troller, TRW Ross Gear, Lafayette, Ind. He and wife Amy announce the birth of 1991. Chi-Kong Lo, MS(M), is finance man Steve Combs, MSIA, is senior finan Lindsay Ruth on April 30,1992. ager. United Technologies-Carrier Taiwan. cial analyst. Worldwide System and Laura Swanson, MS(M), has received David Mauer, Ph.D., was promoted Aftermarket Products Division, a Krannert grant and is pursuing a Ph.D. to associate professor, finance. Graduate Motorola, Schaumburg, 111. in operations management at Purdue School of Business, University of Wis Timothy Duning, MS(M), has be University, West Lafayette, Ind. consin, Madison. come a Certified Management Accoun- John Widau, MSIA, is manager of Krannert Portfolio Fall 1992 39 ALUMNI NEWS AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA position and work closely with 13 inde pendent Ford dealerships in upstate New ScoTT FuEss JR., PROMOTED TO 1991 Richard Bernstein, MS(M), is presi York." ASSOCIATE PROFESSOR dent, BAI Aerosystems, Easton, Md. Jim Johnson, MS(M), is regional James Bodnar, MS(M), is manager, manager, Formica Corp., Brea, Calif. L & F Products, a subsidiary of Eastman Steven Samolinski, MS(M), is an Scott Fuess Ir., MS '83; PhD '86, completed Kodak, Lincoln, 111. analyst. General Motors, Warren, Mich. his sixth year as an assistant professor of Greg Grulikowski, MS(M), is field "I transferred to the Electric Vehicle Pro gram for the United States Advanced economics at the University of Nebraska manager. Ford Division, Ford Motor Co., Teterboro, N.J. "1 recently relocated to Battery Consortium on March 1,1992." and has been granted tenure and promoted our New York Regional Sales Office after He announces his marriage to Sandra to associate professor. having spent six months in our Boston McDaniel (1991 Purdue graduate) on Region. I was promoted to my current May 16,1992. Last May, Fuess travelled to Russia with a delegation from the University of Ne braska College of Business Administration. His presentation "The Effects of Government Regulation on Labor Markets: American Expe MEMO rience," was one of many presentations by scholars, banking and business executives and management consultants at a series of confer To: KRANNERT ALUMNI ences called "The Way to Success in Business." The conferences were FROM: PORTFOLIO EDITOR sponsored by the Institute of the USA and Canada (Russia), the USA The 1992 v^inter issue of Krannert Portfolio v^^ill focus on Human Embassy in Russia, and the Petersburg Institute of Railroad Engineers. Resource Management. Compensation is an integral part of the company/employee relationship and is a source of debate and controversy. We would like to hear what your company is 1989 1990 doing to address these issues: Julie Brown, MS(M), is a marketing Thomas Bingham, MSIA, was pro 1. Many companies use the team approach. The issues differ representative, insurance/finance, Indi moted to senior product planning spe when using temporary teams as opposed to permanent teams. ana Trading Area, IBM, Indianapolis. cialist in April 1992, MTC, Matsushita Should teams be rewarded as a group, or should the individuals Rob Crink, MS(M), is a hospital prod Electric Corp., Franklin Park, III. He was be recognized separately? If awarded as a group or individu ucts specialist, Merck Sharp and Dohme, married in September 1991. ally, what should the compensation entail; pay for perfor DeWitt, Mich. Crink won the vice presi Natalie Coleman Bradshaw, MSHR, mance, individual merit raises, group bonuses, or profit shar dent award for sales in 1991. He an is a human resource representative. Off nounces the birth of Brittani Lea on Nov. shore Business Unit, Amoco Production ing? How is your company dealing with these issues? 9,1990. Co., New Orleans. She announces her 2. Some companies use spontaneous cash or gift awards for Stephen Delikat, MSIA, is assistant marriage to Matt Bradshaw on Feb. 8, outstanding single effort successes (sometimes called spot branch chief. Aviation MIS Branch, U.S. 1992. awards, "hit' em before the sweat dries" recognition, or spon Coast Guard Headquarters, Washington. Barbara Creighton, MSHR, is an taneous recognition). Others feel that this type of individual or Joseph Franchville, MSIA, is a con employee relations associate. Ford Credit team recognition can be divisive. What has been your company's struction engineer, Eli Lilly, Lafayette, Division, Ford Motor Co., Dearborn, Ind. "1 have completed the first year of Mich. experience? my second assignment with Lilly. In my Larry Navarre, MS(M), is quality 3. How much compensation information do you share with present assignment, 1 am managing sev manager, plastics machinery business, your employees (salary ranges, midpoint, appraisal ratings, eral construction jobs ranging in value Cincinnati Milacron, Bata via, Ohio. He is compensation philosophy, job evaluation method)? from $1 million to $24 million." planning, developing, and implement 4. In light of all the press on executive compensation, does Catherine Freixe Fuhr, MSIA, is ing the division's total quality manage your company plan to change the executive compensation product manager, Realsoft, Paris. She ment program. announces her marriage to Richard Fuhr, James Pommerich, MS(M), is a fi programs in place today in order to tie executive rewards ever MS(M), on Jan. 19,1991. nancial analyst. Body and Assembly more closely to company performance? Increased use of stock Sabrina Lo, MSIA, is procurement Operations, Ford Motor Co., Dearborn, options, longer vesting periods, individual targets? If so, please supervisior, Hewlett-Packard, Santa Mich. elaborate. To share your company's views with other Krannert Clara, Calif. Jorge Romero-Day, MSIA, is mar alumni. Please respond by Oct. 30,1992 to: Fred Merchant, MS(M), is project keting associate, Elanco Animal Health, officer. Combat Support Division, Soft Eli Lilly, Mooresville, Ind. "The new po Sheryl J. Jones ware Development Center, Ft. Lee, Vir sition recognizes the contribution I made Director of Management Publications or ginia. Merchant was selected for promo in my previous international marketing Tina McConnell tion to Major in the U.S. Army and elected job and gives me an opportunity to work to be a deacon at Gillfield Baptist Church with a market in which I have very little Associate Director of Development in Petersburg, Va. experience. It also gives me needed ex Krannert School of Management Alain Paolini, MSIA, is a consultant, posure to domestic senior management." 1310 Krannert Bldg. Andersen Consulting, Paris. "After work Romero-Day announces the birth of Purdue University ing as a marketing assistant in the business Gabriel Alejo on March 9,1992. West Lafayette, Ind. 47907-1310 branch of the French consulate in Atlanta, Michelle Yuen-Fee, MSIA, is a buyer, Telephone (317) 494-8265 I came back to France and joined the Electronics Division, Ford Motor Co., Andersen Consulting office in May 1991." Dearborn, Mich. "I am procuring vacuum FAX number: (317) 494-9658 Darrin Sheetz, MSIA, is senior con- fluorescent/liquid crystal displays and sultant,SheproBraunConsul ting, Chicago. mechanical instrument clusters." Thank you! 40 Krannert Portfolio Fall 1992 KRANNERT SCHOOL OF MANAGEMENT HOMECOMING ACTIVITIES October 2 - 4,1992 Friday, October 2 The Vision, Challenges, and Opportunities of Management Education for the Year 3:00-5:00 p.m. Returning Alumni Registration 2000, Dean's Update Krannert Drawing Room Tours of the Krannert Buildings Saturday, October 3 Krannert Drawing Room Hosted by undergraduate honors 8:30-11:30 a.m. Continental Breakfast students. Includes tours of the Krannert Krannert Drawing Room Executive Education Center, the four Krannert Computer Laboratories, and the 11:30-1:30 p.m. or Pre-Game Tailgater newly renovated Krannert Rare Books Two Hours Grand Prix Lot—Look for the Krannert Blue Balloon Room. Before Kickoff Hosted by Krannert School Alumni 4:00-5:00 p.m. Reaching the Magic Level Association Gene Keady, Purdue University, Head Basketball Coach 1:30 p.m. or Purdue vs. Northwestern Krannert Auditorium TV Schedule Ross Ade Stadium 6:00-7:00 p.m. Reception for Returning Alumni 8:30 p.m. Purdue Convocations Presents: Buddy: The Buddy Holly Story Howard Johnson's—Cash Bar Hall of Music 7:00-9:00 p.m. Banquet Honoring Returning Alumni* Howard Johnson's Sunday, October 4 Program: A Purdue Musical Organizations— 8:30 a.m. First Annual Beta Alpha Psi Speciality Groups Accounting Banquet • Distinguished Alumni Recognition For all accounting alumni and current and Service Awards accounting students • MSIA '67 25th Anniversary Class Gift *Please complete and return the reservation form for the October 2 Alumni Reception and Banquet. RESERVATION FORM October 2-4,1992 Name(s) .Degree(s) and year(s) Street City State .Zip Telephone: Daytime ( ) Evening (. Oct. 2 Banquet person(s) at $25 each $ total Oct. 3 Tailgater person(s)—Complimentary. Mail your check and reservation form to: Make checks payable to Purdue Research Foundation. Bettina C. McConnell Associate Director of Development Purdue University 1310 Krannert Building For football ticket information, call (317) 494-3194. For entertain West Lafayette, Indiana 47906-1310 ment ticket information for Purdue Convocations, call the ticket (317) 494-4453 office at (317) 494-3933. MSIA '67 ALUMNI 25TH REUNION MARK YOUR CALENDARS FOR OCTOBER 2 AND 3,1992 Homecoming Weekend at Purdue Special Krannert Activities include— V 25th Reunion Dinner V Saturday reunion with favorite Friday, October 2 faculty members including: V Special guest lecture: Bob Johnson Dan Schendel Reaching the Magic Level Don King Jay Wiley Coach Gene Keady, Purdue University Head Basketball Coach V Saturday pre-game tailgater and football: Purdue vs. Northwestern V Class auction Friday evening V Informal Saturday evening dinner for MSIA class of '67, at Morris Bryant For more information, please contact 25th Reunion Committee Members Bettina McConnell Wiley Carmichael Associate Director of Development Craig Fecel 1310 Krannert Building Rodger Grady Purdue University Please join us! Joe Turk West Lafayette, IN 47907-1310 Shad Whisler (317)494-4453 Krannert Portfolio Non Profit Organization Krannert School of Management U.S. Postage Purdue University PAID 1310 Krannert Building Lafayette, Indiana West Lafayette, Indiana 47907-1310 Permit No. 221 ADDRESS CORRECTION REQUESTED FORWARDING POSTAGE GUARANTEED