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UNIBusiness: The Alumni Magazine of the College of Business Administration University of Northern Iowa, 2013

University of Northern Iowa. College of Business Administration.

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Robert James Waller: Three Boys from the B-School Economics, Energy & the Environment Jamie Van Nostrand can speak to both sides of the debate Expand Horizons - at No Cost to You.

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Questions? Contact Global Opportunities Coordinator Chris Schrage at [email protected] or 319-273-2126. Top 5 percent worldwide Table of Contents

Reflections from ‘Three Boys Subject to Debate: from the B-School’ Economics, Energy & the Environment Former UNIBusiness Dean Robert James Waller and two of his students reflect on Economics grad Jamie Van Nostrand life lessons learned in and has worked on both sides of the energy out of the classroom. and environment debate, a past that puts A ‘Best Business School’ him in a good position to teach those who will shape tomorrow’s energy and environmental policies.

Student Achievement UNI Department of Economics: A Launch Pad for Careers in Law

It’s not uncommon for economics students to head to law school A national leader after graduation. Find out why their UNIBusiness education serves them well on this path.

In Memory of Christine Bauman UNIBusiness is published annually by the University of UNIBusiness lost an influential member of its faculty in April 2012. Northern Iowa’s College of Business Administration for its alumni, friends, faculty and staff. Departments Comments, suggestions and 24 Faculty letters to the editor are welcome. 2 Message from the Dean Address all correspondence to 26 14 NI U Business Diversity [email protected]. NI U Business In Action 27 Editor, UNIBusiness Professional Readiness Program 16 NI U Business International College of Business Administration 28 18 Graduation Celebration University of Northern Iowa Annual Report on Giving 32 Cedar Falls, IA 50614-0123 UNIBusiness Alumni 22 Donor Spotlight Phone 319-273-6240 Fax 319-273-6230 business.uni.edu On the Cover Editor: Rebecca Schultze Editorial Assistants: Andrew As the founding dean of UNIBusiness, Robert James Waller influenced many Follmann (Accounting ’12, MAcc), students in and out of the classroom. In an essay beginning on page 4, he Maria Mickelson (Marketing) reflects on his own path and the paths taken by two former students. Design: Rachel Letcher Photography: Sam Castro, Greg Ellis, Christian Hofmann Cover illustration: Lara Tomlin

printed at thanks James H. Slife (Accounting ’73), CEO, Pioneer Graphics, for his company’s generous support. Message from the Dean

Joe Dunsmore In our cover story, (Management ’80) and Troy Henkels (Management ’89) share memories that capture Robert the influence former UNIBusiness dean and professor James Waller (Marketing ’62, MA ’64) had, and continues to have, on them. But our cover story also reveals a point not as routinely noted: professors learn profound life lessons from their students, too. Wisdom does not travel a one-way street.

I was thinking about this point when I recently met with Darrell Davis retired colleague (Accounting ’65, MA ’69). As if to validate the idea, he recalled many wonderful interactions with students at UNIBusiness. He is one of the most admired alumni i meet professors to have ever taught here, but listening to him, I got commonly share stories about the sense that he thought he was the privileged party. professors who made a lasting However busy they might be, professors welcome interactions difference in their lives. with students. Office visits to discuss a paper or an upcoming test may evolve into an examination of career plans for the student while providing insight into a young person’s unique perspective for the professor. From those important conversations to chance encounters on the Hill to wedding A invitations to the subsequent sharing of a new baby’s picture,

2 Classes end, final grades come in and students move on, most likely never imagining the influence they’ve had on their professors.

professors are now and then invited into students’ lives. They thing or two about the latest in his line of business while he draw confidence and fulfillment from such experiences. and I worked on a promising new partnership between Wells Fargo and UNIBusiness, which is described on page 27 of Meaningful interactions also prompt faculty to examine their this issue. I’m sure Hellman will agree that our work together own philosophy and style. The outcome is better teachers and would not have jelled so nicely had it not been for the special wiser people. student-teacher bond forged all those years ago. Consider every fondly remembered exchange during your time Classes end, final grades come in and students move on, most at UNIBusiness, and you can safely assume it was equally telling likely never imagining the influence they’ve had on their to your professor. If your time with us included meaningful professors. But now that you know, why not try to restore your engagements with our faculty, you should be pleased to know relationship with a favorite professor? He or she will appreciate that you contributed to both the collective wisdom that resides that you reached out, you will revisit fond moments from the in UNIBusiness and the personal growth of our professors. past, and you just may start another chapter in a mutually But it doesn’t have to end there. Waller kept in touch with satisfying relationship. Henkels and reconnected with Dunsmore years later. Davis is known to drop in on his former students. Those relationships evolve over time, students become intellectual peers, and both sides learn and grow. Farzad Moussavi, Dean I’ve enjoyed similar experiences. I recently reconnected with College of Business Administration Patrick Hellman (Management ’87), my former student. This [email protected] renewal broadened my professional perspective: I learned a 319-273-6240

3 Robert James Waller is the founding dean of the University of Northern Iowa College of Business Administration and a best- selling author. He graduated from UNI with a Bachelor of Arts in business education-marketing in 1962 and a Master of Arts in marketing in 1964. He taught in UNI’s College of Business Administration for more than 20 years, serving six of those years as dean. He has lectured and published widely in the fields of problem solving and decision making, and has worked as a consultant around the world.

Robert James Waller: Three Boys from the B-School

4 Waller now lives on aranch in Texas where he writes, takes photographs and plays multiple instruments.

Photo courtesy of Cynthia Lively 5 Three Boys from the B-School

oe Dunsmore (Management ’80) Sometimes the students and I visited the UNI art gallery to was lecturing to an audience of one. He had charts talk about the similarities between good managers and good and graphs and diagrams, and he had passion. I artists, the decisions they make. Other times, Troy recalls, we , Jlistened I listened carefully, asking questions, stood under the trees on campus, discussing the extinction of since this was complex, important stuff Joe was talking about the dusky sparrow and the human decisions that contributed to as he laid out the hopes, dreams, plans, innovations and its demise. Joe remembers when I brought my five-string banjo uncertainties of concern to the CEO of a major technology to class and discussed the well-rounded, integrated life and the corporation. But while I listened, I could not help thinking of decisions required to obtain that life. a classroom on the west side of Seerley Hall, at the University The three of us — Joe, Troy and I — are connected in a way of Northern Iowa, 30 years before. Radiators clanking, snow that only chance and a good university allow. In the 1950s, blowing against the windows, I was lecturing and Joe was when I was an undergraduate, Seerley Hall was the university listening. So all those decades later, it was poignant, the old library, and I walked those corridors and perused the book professor concentrating on an articulate presentation by one of stacks, later on teaching economics in what formerly was the his former students.

While Joe was battling his way through the storms of a shifting economy, Troy was struggling up the slopes of Everest.

On the north side of Seerley Hall, another classroom, another great reading room of the library. Eventually the three of us Troy lecture some 10 years after Joe graduated. This time journeyed through 15:163, a course that, for me, had a life of its Henkels (Management ’89) was listening as I walked around, own, a growing, changing organism of discovery, with the idea tossing a piece of chalk in my right hand, spring just outside of decision making binding us as we moved through the course the windows, Troy’s last semester in and through our lives. college. Same course as Joe took, 15:163 e are all Management Decision Making, a course graduates I established in the early 1970s. Wof the UNI business While Joe was battling his way through program, all slightly eccentric the storms of a shifting economy and the adventurers in our own fashion, chasing the endless frontiers of the

long climb to CEO, Troy was struggling Photo courtesy of Cynthia Lively up the slopes of Everest and attempting small universes we choose to inhabit. to work his way across the hostile Joe and Troy share something else, Bering Strait on floe ice, with the intent something quite rare: they both of reaching Russia. Troy still recalls a received A grades in my course, scores comment I made one day in class: “I not easily won. At the conclusion of always remember you saying that life is Joe’s final class period, as I thanked a race between death and discovery, and the students for their hard work and that has always stayed with me.” kind attention, they (continued on page 8)

6 Reflections from Joe Dunsmore CEO of Digi International Shorewood, Minn. www.digi.com

During a recent we are taking a spring trip to college junior at the time, but Robert Waller visit, Dr. Texas for a week right in the he sure seemed resolute and related a favorite quote that middle of the quarter. So, I passionate about these things. he originally used in the novel assume that I could make up Most importantly, Dr. Waller Border Music: “We come, a test if it is given that week. introduced the concept he we do, we go.” Management Right? called “the value of the small Decision Making was a Dr. Waller: Wrong. Memories increment.” In whatever you course on “do.” It was as fade, but decide to do, if you are willing much a course on life as it Joe: But Dr. Waller, that’s not fair. there are to work a small fraction was decision making. The harder and smarter than your synthesis was seamless for Dr. Waller: Life isn’t about aspects counterparts every single day, Dr. Waller because “do” is fairness. from that the compound value of the about choices, decisions and Joe: But I am representing advantage that you can create consequences. experience the University on the baseball over time will be significant. over 30 Memories fade, but there are team. I should get some kind He equated the analogy to aspects from that experience of special treatment, shouldn’t years ago compound interest but with over 30 years ago that speak I? (This was the wrong that speak daily compounding. This with the clarity of experience argument to make.) powerful concept became a with the and reflection. foundational principle for Dr. Waller: Mr. Dunsmore, I clarity of me as I entered the business One day 33 years ago, I don’t really care that you play world. I knew there were knocked on the door to Dr. on the baseball team. What experience people who were smarter Waller’s office to make a I care about is that you learn and than me, but fundamentally request. He waved me in, and what I want you to learn in reflection. believed that my daily passion I walked into the long and my class. Life and business and focus would be the narrow, book-infested domain are about choices, decisions differentiator over time. to eventually reach his desk. and consequences. I am sure A bit nervous, I sat in the that you will make the right So, what did I learn in that chair in front of his desk. He decision. class? Life is about choices, looked up, eyes above reading decisions and consequences. Another day, he glasses, and said in a long, Find things you can be walked into class playing low-pitched, questioning passionate about. And most his banjo, singing and tone, “Yes?” importantly, “do.” And when interspersing thoughts on a you “do,” apply the value of After that, the conversation balanced life. That day he small increment daily. went something like this: told us that he plays several I guess he wasn’t so quixotic, Joe: Dr. Waller, you said in musical instruments, would was he? class today that all tests would write a book and eventually be unannounced. I play on live on a ranch. To be frank, Memories fade but the the UNI baseball team, and it sounded a bit quixotic to a inspiration grows.

7 Three Boys from the B-School

spontaneously came to their feet in a standing ovation — that in a recent book. Joe credits that idea with some of his success. happened only once in my teaching career, but once was enough. Troy speaks of the small increments that have taken him to his Joe began with , then joined a division of AT&T, dreams and how his business training at UNI has been critical went on to a position with Lucent Microelectronics, and to planning and executing large, complex expeditions. eventually became chairman and CEO of Digi International, owa boys — we grow up in the small towns a NASDAQ company, where he led a turnaround of the firm and countryside. We wonder what’s out there, what and repositioned it as a leader in commercial-grade electronic I the possibilities might be. Joe played baseball at UNI, networking. He has taken Digi from a market capitalization of I played basketball, Troy climbs mountains and traverses ice, $28 million in 2002 to $280 million in 2012. as we all do, the metaphor being too obvious. The two of them

Iowa boys from the UNI business school, doing the best we can in small increments, running the eternal race between death and discovery.

or Troy, a different path. majored in management and learned that self-management After graduating from UNI, he joined Hyatt Hotels is the trickiest job of all. I learned that, too, and tried to pass F as a management trainee and quickly ascended to on a bit of whatever wisdom I had acquired, emphasizing a position of importance. But the race between death and that decision making extends far beyond relatively mundane discovery haunted him, and he began a long series of adventures business problems. and learning, from locksmith early on to communications tech oday, as I open my violin case to at McMurdo Station in Antarctica. Mountain climber, trekker, work on a swingy version of “Autumn Leaves,” I cinematographer, journalist, marathoner, North Pole guide and T imagine Joe walking through his manufacturing author of a forthcoming book. Home in Alaska part of the year, plant and thinking about the future of his firm, while Troy the world the rest of the time. studies maps and readies himself for the polar ice again. Each And what do they remember from 15:163? Not so much the of us chasing our own frontiers, humbled still by all there is matrices and structural modeling and probability theory — to know in our small universes, making decisions moment by technical material slips away unless it is constantly reinforced — moment — Iowa boys from the University of Northern Iowa but rather the more elusive things into which decision making business school, doing the best we can in small increments, leads us. Joe remembers the class as “a course in life.” Before running the eternal race between death and discovery. I think leaving the campus, Troy gave me a small book containing we are winning, or close to it, and, in truth, I find myself the nearly offhand comments I sometimes made: “If you can’t cheering the accomplishments of my former students with far count it, it’s probably important,” and so forth. Joe remembers more enthusiasm than I do my own. To all of those students, the clearly my emphasis on what I had labeled “the value of the diligent ones who struggled with subtle, difficult ideas, I give small increment,” a topic to which I devoted an entire chapter you my own standing ovation.

8 Photo courtesy of Christian Hofmann dedicate time and effort effort and time dedicate to willing to be had you Mostof all box. the outside think and yourself apply feet, on your think to attention, pay had you to dowell that clear It was he set. standards high the of because a bit startling were classes few first The life. of my course the changed course that and Making, Decision Management in Ienrolled at UNI. 1989,in semester my last Dr. with time My www.troyhenkels.com Alaska River, Eagle leader expedition and technician Communication Reflections Robert Waller Robert came came old, you think there is is there think you old, years 22 At life. through to progress way right the told was you society what differently,against go think dreams, chase sunsets, watch life, about passionate be environment, the about to care to want okay it made seem Waller Dr. that it was changing; life was that material Making Decision the For me it wasn’t much so students. his from alot expected and class put alot intoWaller the Dr. material. into the from from Troy Troy world. This has served me me served has world. This business to the apply them and concepts business how to take learned only Ihad then world. Until apply it real and to the concept business a take how to actually I learned Dr. class Through Waller’s started. getting time any to waste didn’t want it and believed I dreams. your down chase and life live out and get Youquickly. to really had by pass it would realize me but made Dr. Waller world, the in time the all Henkels of Troyof life. Henkels’ course the Waller changed James Robert with A course have happened. would never adventures business degree, these without my and influence Without Dr.had. Waller’s I’ve experiences for the fortunate been I’ve levels. on many life successful and rewarding a very but one, conventional a Not life. through path to out map a I needed tools the with UNI I left expeditions. to them apply and concepts decision-making take is Idonow what as well,

9 SUBJECT TO DEBATE: ECONOMICS, ENERGY & THE ENVIRONMENT by Jamie Van Nostrand $

JAMIE VAN NOSTRAND (ECONOMICS ’76) LEFT IOWA IN 1979 AFTER GETTING HIS LAW DEGREE. Since then, his career path has taken a number of turns. He worked for the New York Public Service Commission, spent 22 years in a successful private law practice serving the Pacific Northwest energy industry and was a visiting professor on energy law and executive director of the Pace University Energy and Climate Center. He also earned an LL.M. degree in Environmental Law from Pace in May 2011. Today Van Nostrand is the director of the Center for Energy and Sustainable Development at West Virginia University (WVU) College of Law. In this position he combines his interest in energy and environmental issues with a desire to teach. He continues a path his father — the late Maurice Van Nostrand, who served as state legislator and was involved in Iowa energy regulation — started before him. On the following pages, Van Nostrand describes the challenges of balancing a clean energy agenda with a historical economic dependence on the extraction of fossil fuels. And you’ll discover why his background makes him the perfect person to teach those who’ll be shaping tomorrow’s energy policies.

The WVU Center for mercury rules and regulation under a vast portion of the

I t is almost unpatriotic Energy and Sustainable of greenhouse gases. state. Yet development of to suggest that utilities in Development must strike a Billboards throughout the these natural gas reserves West Virginia consider balance between developing state proclaim West Virginia triggers deep emotions. reducing their dependence the state’s energy resources as part of the “EPA’s No There are perceived on coal to generate (and reaping their economic Job Zone.” Yet the truth is environmental risks in electricity. benefits) and reducing the that many of the smaller, shale gas development: As compared to my work in environmental impacts of older and less-efficient coal- the tremendous demands the Pacific Northwest and doing so. fired plants are closing due upon water supplies and in New York, policymakers to simple economics, not skepticism about whether But the issues are in this region are not as politics: they are no longer the economic benefits will be controversial and contentious. receptive to many elements economical as compared realized by West Virginians of a clean energy agenda, and In the case of coal-fired to low-emission, cheaper rather than by Texas- and the fossil fuel-based energy generation, the coal industry natural gas plants. Oklahoma-based companies. industry is accustomed to would have the public believe In addition, it is common West Virginia is well- getting its way in shaping that it is the “job-killing in West Virginia to have positioned to play a the state’s energy policies. Environmental Protection the mineral rights — the significant role in the References to “climate Agency” that is responsible right to extract the gas transition to a cleaner energy change” and “global for the shuttering of dozens and minerals beneath the supply with the abundance warming” must be uttered of coal plants nationwide, surface — severed from of natural gas offered sparingly and with caution. through the agency’s new the surface rights, or the by the Marcellus Shale

10 My background as an energy energy an as My background stakeholders. various of the demands “fairness” the satisfy will that perspective balanced a offer less much for discussion, conveneaforum to even lead center I for the challenge asignificant creates and stakeholders, the between conflict deep creates itself of and in law property of West Virginia anomaly This any, if recourse. little, having owner surface the with dwelling, a residential of feet hundred afew within of water) of gallons millions of holding capable pond impoundment an (including pad well drilling to 10-acre a 5- erect can developer gas below, ashale minerals and gas to the access” “reasonable to rights holder has rights mineral the Because surface. on the pastures and forests fields, of the ownership Photo courtesy of Greg Ellis address climate change in the U.S. without makingenergy.” of in our fundamental changes use without climate change –Jamie inU.S. the Vanaddress Nostrand We cannot emissions. gas greenhouse human-made U.S. total of 82 percent represent and heating, generation for electricity gas and natural for transportation petroleum generation, for electricity from primarily coal resulting dioxide emissions, carbon related Energy- toclimate change indisputable. is contribute that gases and greenhouse the production energy between connection “The NOSTRAND’S TAKE ON ENERGY AND CLIMATE CHANGE CHANGE CLIMATE AND ON ENERGY TAKE NOSTRAND’S and perspectives with my with perspectives and insights these to share try I objectives. competing the to insights and issues the on perspective a unique from Ibenefit proceedings, energy in foryears hat afew “green” environmental the of wearing experience the having and decades, two for over industry energy the in clients represented Having balance. reasonable a strike solutions that toward debate the advance to set skill me aunique gives organization governmental non- environmental an of director and regulator government lawyer, industry policies in the nextgeneration. lawyers to shape the energy and environ their training and thereby produce better The benefits of my experience should inform

to solar companies, the the companies, to solar of federal loan guarantees wisdom the pipeline, XL Keystone the of construction the concerns debate the Whether industry. energy the in involved to be time exciting it’s an production, of energy impacts the and change climate about debate the in issues environmental and energy of convergence the Given generation. next the in policies environmental and energy the to shape lawyers better produce thereby and training their inform should my experience of benefits the as students,

mental mental have taken on this task. task. on this taken have I that pleased be would father my Ithink opportunity. the embracing fully I am and career, of my law phase last for this in looking was I of challenge sort the just is West in Virginia agenda asustainability Advancing for lawyers. jobs of good-paying growth the in result will “regulators” the and “polluters” the between skirmishes widespread and frequent more the and stringent, more to be continue likely will regulation environmental as bright, are field this in employment for long-term prospects The agenda. political the and news the dominate issues environmental and energy planet, warming undeniably of an causes the or farms for wind credits tax production of continuation 11 UNI DEPARTMENT OF ECONOMICS: A LAUNCH PAD FOR CAREERS IN LAW $

ven in environmental Research shows that, E Jamie Van Nostrand law, traditionally, economics (Economics ’76) uses his majors do well on the LSAT business background. (Law School Admissions Test), perhaps because “I had to be proficient in Department of Economics finance, economics and courses give students a accounting to be successful strong foundation in problem as an energy lawyer,” he solving, analytical reasoning, said. “Economics is no less statistical analysis and important in the field of writing. environmental law, with the increased emphasis on “The curriculum was challenging and forced me to

It is so inspiring to have a knowledgable

professor in your corner when you are

navigating the path to law school.

market-based solutions to develop research, analytical environmental issues.” and writing skills, which are very important to my The Department of Liz Dunshee Economics has a proud practice,” said tradition of preparing (Economics ’03), a senior students for successful associate with Fredrikson careers in law. On average, & Byron’s Securities, about 10 to 15 percent Corporate, and Mergers of economics graduates & Acquisitions Groups. continue to law school each “Having these skills at year. the outset of law school allowed me to focus on the “Attorneys with a business substantive portion of my background have an An economics degree from UNIBusiness jump-started successful careers in law legal education and gave for John Fordyce (top left), Liz Dunshee (top right) and Jamie Van Nostrand. advantage in contracts, me an edge during the first mergers and acquisitions, year of law school. Because at Sidley in Chicago. He overestimate how inspiring tax, estate planning, performance in the first says UNI’s Department it is to have a knowledgeable torts, environmental law Lisa year is very important to of Economics is a great professor in your corner and antitrust,” said Jepsen law firms that interview on place for future lawyers to when you are trying to , associate professor campus, I believe my solid start their education, and navigate the path to law of economics and Pre-Law undergraduate education was not just because of its solid school. Club faculty adviser. “They largely responsible for the job curriculum. “I certainly feel that a are used to evaluating I have today.” situations from a cost- John Fordyce “The economics professors degree in economics — and benefit perspective and are (Economics at UNI are some of the especially from UNI — is comfortable assessing what and Philosophy ’08) attended most intelligent and caring one of the best paths for a certain claims are worth.” Harvard Law School educators under which I have prospective lawyer.” and is now an associate studied,” he said. “I can’t

12 In memory of Christine Bauman PricewaterhouseCoopers Professor of Accounting

Christine Bauman died on April 26, 2012. In a letter to the College, Dean Farzad Moussavi wrote: “The colleague we lost was special. She excelled in every dimension along which academic performance is measured. She was a superb teacher, an accomplished scholar, and gave so much time and energy to her service duties both in the College and the larger professional community. And whatever endeavor she engaged in, she delivered with gusto. “She was uncompromising when it came to our cherished values of quality and rigor. In the classroom, she demanded the best from her students, and by all accounts, they delivered. Beyond the classroom she was a relentless advocate for the professional interests of our students in the Accounting Club and the MAcc program. She raised the scholarly profile of the entire College with her scholarship. And PwC, the organization whose professorship Chris held, could not have asked for a more worthy ambassador. “I had many encounters with Chris, and throughout I admired her tenacity and courage to do and say what she thought was right. The same qualities she had exhibited in her professional capacity here in the College came to characterize her battle with her illness. The battle was devastating, but it could not deter Chris from performing her duties until the very end.” Bauman received a number of awards and much recognition during her years with UNIBusiness, including:

• The inaugural UNIBusiness PricewaterhouseCoopers Professor of Accounting in recognition of her outstanding scholarship, teaching and service to the profession.

• 2008 Veridian Community Engagement Award for directing the UNI Volunteer Income Tax Assistance (VITA) program, an outreach effort in which undergraduate accounting students help low-income individuals and families with their tax returns.

• 2009 Faculty Teaching Award

• 2010 and 2012 Faculty Service Awards

As a faculty member and an adviser to the UNI Accounting Club, the College’s largest student organization, Bauman had a direct influence on hundreds of students over the years. She is greatly missed.

13 UNIBusiness In Action, Always Online UNIBusiness celebrates excellence in student competitions, program milestones, and faculty and staff accomplishments throughout the year, and there is much to celebrate. The following is just a small sample from the hundreds of success stories posted at business.uni.edu each year.

UNI Defeats ISU, UI and Drake to Win Krause Challenge “I was told by other faculty advisers and AAF coordinators it was almost unheard of for a school to place in NSAC, win so many awards, and have so many active members in their first year as a chapter.” - Matthew Wilson AAF: Educator of the Year, Best Female Presenter

After only one semester of preparation, UNI’s American Advertising Federation, under the direction Matthew Wilson of faculty adviser , finished third at the District 9 National Student Advertising Jamie Harthoorn Competition, where Wilson was recognized as the Educator of the Year. UNIBusiness finance (Marketing ’12), a member of the AAF-UNI team, received the Best Female Presenter award. students came out on top of this year’s Krause Challenge, defeating Drake University, and the in the annual investment competition.

IDM staff travels across the state to help communities and organizations develop and implement economic The Krause Challenge began development plans. From left to right: Ladene Bowen, Kevin Hall, Randy Pilkington, Cindy Angel, Linda in 1998 when W.A. Krause, Elliott, Aaron Sauerbrei, Alli Ingman (who now works in the UNI Foundation) and Drew Conrad. founder and chairman of Kum & Go, presented a Enabling Innovation: 25 Years of Service to Iowa one-time gift of $400,000, to be divided equally among The Institute for Decision helps small businesses and Drake, ISU, UI and UNI Making (IDM) and the Iowa government entities meet to create a program for Waste Reduction Center environmental regulations finance students to enhance (IWRC), both programs of and implement efficient waste their knowledge of and UNI’s Business and Community reduction procedures. Recently experience with the stock Services, celebrate 25 years it co-won a Federal Laboratory market fluctuations and of service to the state. IDM Consortium’s Excellence in portfolio management. Each has provided applied research Technology Transfer regional The IWRC works with the Iowa school competes to deliver and economic development award for its work in upgrading Waste Exchange in the six primary the highest return on its training to more than 680 the VirtualPaint software. service areas designated above. portfolio and for the title of community and economic Visit www.bcs.uni.edu/idm The program has saved Iowans Krause Challenge winner. development organizations and www.iwrc.org for more $76 million by diverting this waste since its inception. The IWRC information. into production and use.

14 Mitra wins 2012 Award of Excellence

Professor of management Atul Mitra’s article “A AQB approval puts UNI Real Estate Comparative Examination of Traditional and Skill-based Pay Program Grads Far Ahead in Plans,” published in Journal Appraisal Certification of Managerial Psychology, was selected as a Highly Graduates of the UNI Real Estate Program, retroactive to Commended Award Winner at the 2004-2005 academic year, are now approved to have UNIBusiness Students the Literati Network Awards for satisfied 90 percent of the credit hours toward the Real Excellence 2012. Mitra’s paper Property Appraiser Qualification Criteria for the Certified in Southwest was recognized as “one of the General Appraiser licensing. The UNI program is only the Advantage Top 10 most impressive pieces of work third program in the United States to receive this level of … throughout 2011.” Last year approval from the Appraiser Qualifications Board. UNI finished no. 6 out of more this same paper was recognized than 300 colleges and universities by human resource practitioners around the world in the 2011 as one of the most recognized Southwestern Advantage Top Campus list, thanks to the works in the field. hard work of 21 UNI students who spent their summer selling educational products to families across the country. Southwestern Advantage donated $1,000 to the UNI Career Center to acknowledge the top-10 ranking.

UNI-SHRM Receives State, National Recognition A successful turn-around of UNI’s chapter of the Society for Top Accounting Students Take 2nd in Human Resource Management (SHRM) 2011 Deloitte FanTAXtic Case Competition prompted the state and A team of UNI accounting students earned second place in the 2011 local SHRM Clayson Recognized regional Deloitte FanTAXtic Case Competition. chapters to UNI’s team members, selected by accounting faculty, were team invite last David Droessler Kristen as Decade’s Top leader (Accounting ’11, MAcc ’12), year’s UNI- Granzow Joel Anderson Scholar (Accounting ’12, MAcc), (Accounting SHRM Antoine Lewis Jacob and Philosophy ’12), (Accounting) and President Lewis Jessica A review of marketing education (Accounting and Finance). The team’s faculty adviser was Rick Christ Gofforth literature from 2000-2009 puts associate professor of accounting . University of Northern Iowa (Management ’12) to present Dennis professor of marketing thanks on behalf of the student Clayson Dennis B. Mullen, whose Endowed at the top. He is the Student Professional Development Fund supported our organization. The organization no. 1 author of the decade students competing in the Deloitte FanTAXtic Case was also recognized in the for the Journal of Marketing Competition. organization’s national Student Education. Focus magazine.

15 UNIBusiness International More than 90 percent of UNIBusiness students are from Iowa and come to us with no or little international exposure. Yet we aim to graduate globally well-versed professionals who can immediately contribute to and thrive in today’s global business environment.

UNIBusiness First Wednesday Lunch by Mary Connerley, Department of Management Head and International Task Force Chair

We are always looking domestic and international they sign in to encourage suggested that some very for ways to encourage more students can comfortably interaction with their peers good conversations took place interaction between domestic interact, a free lunch is offered from other countries. Cards over the semester. Cultural and international students to all students on the first with “conversation starters” lie differences were acknowledged, and to provide a culture where Wednesday of each month on each table to help should the while other conversations international students thrive. (three per semester). Students conversation lag. revealed great similarities across To provide a setting where are assigned seats when Feedback from spring 2012 cultures.

China

Where UNIBusiness

Students Call Home Norway

UNIBusiness encourages Canada students to study abroad, but United Kingdom international exposure happens at Germany Japan Switzerland Bosnia and Herzegovina home, too. During the 2012-2013 Korea academic year UNIBusiness United States Turkey China Iran Pakistan students represent 25 different Nepal Taiwan Saudi India countries, and the International Arabia Bangladesh Hong Kong Club of Business Students holds Venezuela Viet Nam Benin events each semester so U.S. Malaysia students can learn more about the Singapore Zambia homes of their international peers.

thanks the following leading supporters of study abroad programs and international experiences for students: AEGON/Transamerica; Steven and Sandra Dickinson; Gene and Mary Anne Dietz; the late Lawrence Jepson; Bill and Charlotte Kimball; and Mike and Jacqueline Mrosko.

16 UNIBusiness students jump for joy at the Vergelegen Wine Estate, Somerset West in Capetown, South Africa.

Organizational Management in South Africa: Disparity, Disease and Drumming

Running a first-world a view of management in a children?” of team process to those in the business in a developing country country that has recently set After visiting The Mama workplace and the influential is very difficult, according to out to address unemployment, Lumka Project, The Kraal role ‘facilitators’ can have.” Frank Daniel. inequality and poverty, said Gallery and Sanlam, the Daniel is the founder of Department of Management students took part in an African Mary Connerley The Kraal Gallery, a cause- Head . The drumming circle. driven organization that trains, students saw the organizations’ “African drumming is used employs and empowers women leaders face problems they’d by many companies for team in South Africa to become never before considered. building because it is seen as master weavers and fiber artists. “The Mama Lumka Project is providing an equal playing Waiting weeks for phone-line in a township with a 65-percent field, everyone participates, it’s installation and dealing with unemployment rate,” Connerley energizing and relaxing, and it Students take part in an African a 15-year land-ownership said. “The orphanage has a helps people feel connected to drumming circle exercise. dispute were just a couple of the bakery and would like to sell one another,” Connerley said. problems Daniel shared with its bread, but there is concern After drumming in a larger With increasing the 14 UNIBusiness students circle for about 30 minutes, globalization, tomorrow’s who spent two weeks in South students were divided into four business leaders are going Africa for an Organizational teams. Each team received to need a clearer picture of Management course. additional instruments and told the world — its business and In addition to visiting The to create music that represented management operations and Kraal Gallery, the students one of the four seasons. Each the cultures of people they’ll be attended training sessions at team also had a “facilitator,” working with. Sanlam, a top-performing but what the students didn’t UNIBusiness encourages national insurance company, Students tour Robben Island, which know is that each “facilitator” students to study abroad by and worked at the Mama served as a place of banishment and had a unique role: distracter, providing long- and short- Lumka Project, a community- imprisonment from the 17th to the supporter, last-minute disrupter term opportunities, such as based residential and day care 20th century. or ignorer. Organizational Management organization for HIV positive “The result was what you in South Africa, and offering and abused children and AIDS that the money it makes would would expect,” Connerley said. scholarships and other forms orphans. attract unwanted attention and “The team with the supporter of support to remove financial The study-abroad course gave ‘encourage’ robbery. How do did a great job while the other barriers. For more information, the students a contextualized you manage money transactions teams had issues. The discussion visit business.uni.edu/ learning opportunity with without endangering the that ensued linked this type connectwiththeworld.

17 Annual Report on Giving

Annual Giving UNIBusiness recognizes alumni and friends who made financial gifts to the College during the 2012 fiscal year, which runs July 1, 2011 - June 30, 2012. Your support is greatly appreciated.

$100,000 and up Donna Andreessen Dennis L. Padget Daniel & Andrea Dufner AEGON Transamerica Michael R. Armbrecht Pella Corporation Foundation Kip W. Elliott Foundation BOMA - Iowa Chapter Wayne R. Piehl Chad & Melanie Ellsworth John Deere Waterloo Operations Christopher & Angela Bowersox Randy Pilkington Thad & Cassandra Erickson Nationwide Mutual Carney Alexander Marold James R. Proctor Regina J. Fett Insurance Company & Co. LLP Prudential Financial Douglas & Christa Gach John & Mary Pappajohn Rick & Mary Christ QuadCapital Lee E. Grimes R. J. McElroy Trust CliftonLarsonAllen Richard H. & Kathleen Heather A. Harman Wells Fargo & Company Steven Corbin & Doris Kelley M. Redfern Jay James Hefel Jeffrey J. Cuddeback Andrew R. Reutter Randy Ingram & Kathy $10,000 - $99,999 Larry D. DeBower Ronald A. Rolighed Tanner Ingram Jeffrey & Kimberly Bjustrom Deloitte Foundation Gary J. Roling Institute of Management Gale & Pat Bonsall Lisa J. Dreyer Douglas & Margit Ross Accountants CIPCO Greg Alan Engel Seth & Erin Rourke ITC Holdings Corporation Davis Family Philanthropic Fund Ernst & Young LLP RubinBrown LLP Lisa Jepsen Kyle & Denise Didier Kimberly K. Felker Marietta K. Sargeant Bruce J. Jorth Eugene & Mary Anne Dietz Jason D. Flinn Jeffrey Scudder Allen J. Krob Scott & Mary Ellen Hassenstab Rod & Heidi Foster Shelly Serba Steven Krob John Deere World Headquarters Michael P. Fox Jon Shepherd James M. Krueger J. Scott Johnson & Julia Lawler Brian D. Frevert Patrick D. Simmons Paul B. Laures William & Charlotte Kimball Lynda A. Graham Society of Industrial & Daniel T. Leese J. Michael McBride Gil & Mary Gutknecht Office Realtors Duane R. Lemke Thomas & Karol Nordstrom Jill M. Hemphill Brian & Christine Terhark Michael D. Lundberg David & Cynthia Petratis Matthew Hesse Derek & Aaron-Marie Thoms Neil C. Marck Principal Financial Group Charles J. Hoefer Joann & Timothy Throndson Julie A. McCormick Richard & Carol Savage Hogan-Hansen, CPA’s University Book & Supply Chris M. McGovern United Fire Group and Consultants Jamie Van Nostrand Jacqueline Lynn Messerly Jeffrey & Ellen Valde Scott Horton Veridian Credit Union Palmer Search Group Inc Robert J. Waller Iowa Chapter of the Debra Warner Dustin C. Petersen Timothy V. Williams Appraisal Institute Donald D. West James M. Pracht Iowa Realty Foundation Kent A. White Layne & Peggy Rasmussen $5,000 - $9,999 Jack C. Ingle Ben L. Windust Michelle & Stephen Rourke Ben & Pat Allen Jerald V. Jensen Brian D. Worth Michael J. Schlueter Bergan Paulsen & Company Mick & Terri Kane Rachelle C. Yousefi Cynthia Schmitt Ted Breidenbach Kathleen Keefe-Wilson Kevin J. Zaugg Helen & Marvin Schumacher Mitch & Jodi Christensen John A. King Wesley E. Sodergren $500 - $999 Chris & Linda Lundstrom Cook Daniel P. Kunkel Adam Spain Ernst & Young John & Laurie Larsen Thomas & Sylvia Amlie David J. Tangeman Kathleen & Bill Hesse Gabe Lee Nancy A. Aossey Gaylen & Mitzi Tann Steven & Glenda Howard Mary Ellen Matthies Mary F. Babinat Daniel & Carla Waller PricewaterhouseCoopers McGladrey & Pullen LLP Craig J. Blake Waterloo Area Chapter ISCPAS Jeffrey L. Provost John & Joy Meyer Gary & Diane Bridgewater Leslie Wilson Rockwell Collins Charitable David L. Meyers Stephen & Nicole Bruere $100 - $499 Corporation Benjamin & Jennifer Miller Alan Burr & Tracy Wagner Daniel L. Schaeffer Gaylen & Glenna Miller Robert J. Buscher Chad & Kimberly Abbas Peter & Susanna Schlicksup Montage Jon & Tatum Buse Maury Abens Kurt G. Moser Amber K. Carman Lori L. Abernathy $1,000 - $4,999 Michael & Jacqueline Mrosko Chad & Laura Chandlee Fred & Robin Abraham Joel E. Abrahamson Dennis B. Mullen James D. Clark David & Corinne Ahlstrand Gary D. Anderson Steven B. Oberhauser Neil S. Davis Philip & Ginger Akason Stephen J. Anderson Douglas W. Opheim Brian & Teri Donnelly Scott J. Albertson Steven E. Anderson Gregory P. Osborn Marilyn W. Dudley Jordan & Sarah Alborn

18 Connie F. Allen David C. Danielsen Mary L. Hall Mark & Catherine Lechtenberg Rita Pearce Robert J. Saunders Michelle Tish Michael Angersola Gregory A. Davies Sandra K. Ham David J. Leese Douglas & Maurita Penn Kevin & Teresa Saville John P. Toale Allison L. Appel Rebecca A. Davis David R. Hammer Patricia Leistikow Mark A. Penney James A. Schachterle Jerald M. Torgerson Angela M. Arthur Scott C. Dean Mark & Sharon Hannasch Jonathan & Jessica Lewin Randy & Lisa Person Thomas P. Schadle Darrell E. Trout Ken D. Askelson David C. Deeds Kenneth A. Hartmann Steven R. Lind Eric A. Peters James & Sharon Scherbring Brian & Jane Turner Margaret Asmus Joanne Degener Scott R. Hauser Andrew Lyle List Theodore & Jessica Pienkos Kathy J. Schipper Travis & Heather Tweed Steven F. Bahlmann Gabe & Jennifer Dickey Judy & Matthew Haven James & Toni Lohman Oliver D. Pierce John A. Schmidt Kevin C. Utley Eileen M. Baily Craig W. Dickinson Lee A. Hecht Susan Hanna Lovern Michael J. Pint John K. Schmidt Katherine Cota-Uyar & Bulent Uyar John & Deborah Bakewell Daniel Dickman & Paula Lisa A. Heimer Lynda E. Lowin Pioneer Graphics Diane & Michael Schnieders James R. Voigt Tracey M. Ball Bilo-Dickman Lyndon E. Heiselman Cathi L. Luett Commercial Printing John L. Scholtes James & Marjorie VonBon Martha G. Bandy Christofer W. Ditscheit Patrick & Traci Hellman Randy & Cassie Luze Stanley S. Poe Bradley Ray Schoorman David P. Vonderhaar Kevin C. Banwart Donald D. Doudna Duane & Marcia Henke Douglas E. Mabeus Thomas & Rebecca Poe Christine & Neal Schrage Randy Harris & Christine Vorhies Bruce V. Barnes Mark E. Doyle Daniel P. Hereid Mark & Staci Madetzke Steven & Bonna Powell Andrea N. Schulz Todd R. Voss Paul H. Barnes Faith Dredla Mike Hertle Sally Mainquist Mathew & Erica Pralle Arlene Schwarzenbach Cordell & Marcia Wabeke Conrad & Jeannette Baumler Richard C. Dreifke Mardy A. Higgins Cathy & Paul Mangin Melissa Prout Melissa Scigliano Megan E. Walker Leo E. Beebout Kenneth J. Driscoll John & Jennifer Hinz John W. Manske Larry & Sue Pump Darin & Shauna Seaman Ronald J. Waller Katherine Behm Laurinda M. Dubishar Jill M. Hittner Stacy A. Marean James B. Quade Mark W. Shaw Mark & Heidi Watje Andrew & Jennifer Behrens Evelyn Duesbury Heidi S. Hobkirk Stephen & Sharon Marlow Larry D. Raasch Jeremy Shivers David J. Weber Lisa L. Bender Betty & Steven Eckebrecht Gary A. Hoffman Rosemary Matthews Kadiampatti N. Rajendran Michael & Sara Sievers Abby Wegner Richard J. Benhart Brent A. Eckhoff Sheila & Daniel Hoffmann Sue Joseph Mattison Andra & Robert Reason Michael Gregory Sinkey Wells Fargo Bank NA Julie K. Berry Parker W. Eggenberger Jeffrey B. Hollaway Mrs. Myra Maxon Donald F. Recker Sheryl L. Sirpless George M. Wessel Elizabeth & Steven Biggs Danielle Enderson Peter & Amanda Hosch Lara McAdams Nick Recker Julia A. Slaydon Mark & Brooke Westemeier Philip L. Birkedal Gregg & Carmen Endicott David A. Howard Tony & Luann McAdams Richard K. Reiland Robert A. Sloan Daniel & Barbara Whalen Marshall P. Blaine Matthew Engel & Rebecca Craig A. Howell Barbara J. McAllister Kelsey Rinehart Dennis & Deborah Sloth Brian White Carol Boals Jonas-Engel Richard W. Hughes Harold & Dorothy McCarville Dennis & Marie Roberts Roger K. Smith Nancy & Todd Whitlow Brian Bock Stephanie & Lance Ernsting Steven J. Hughes Lisa K. McClelland James & Donna Robinson William R. Smith Steve Wierson Jeanette K. Bodermann David Evenson Laura Huisman Christine Kit McDonald Brenda Roe-Weaver & Kirk Weaver Jeffrey A. Sorensen Chad E. Wigham Nancy A. Boever Katie Farris Benny D. Huseman Gladys M. Meier Tony & Michelle Rogers Michelle & Patrick Soyer Dennis & Joan Wildeboer Maureen C. Bolton Duaine L. Fehlhafer Nicolette Inman Mike & Patricia Meinders Rick D. Rolph Philip Sproule Jean Wiley Gregg A. Botkin Gary D. Fergemann Lois E. Iseminger Joe D. Mengel Andrew & Carrie Roquet Andrew St. John Mark A. Willard Denise Bouska Louis J. Fettkether James & Lisa Jaacks Andy & Jennifer Menges Eric & Alicia Rosburg Eric M. Staebell David D. Williams David & Deborah Boyer Steve & Jean Firman Sally & Robert Jefferson Ann M. Menke Brian T. Ross Melissa A. Stanford Kirk Jennings Williams Wesley & Pamela Brackey Brett & Betsy Flack Joel P. Jensen Terry & Kristin Merfeld Annette M. Roth Charles W. Stehn Matthew W. Wilson James & Cynthia Bradley Michael E. Fort Rosemary E. Johnson Cody Edward Meyerdirk Marilyn Rouse Donald M. Stille Garrett Witrz Kim R. Bradwell Nancy A. Franklin Sara K. Jorgensen Lynn M. Miller RSM McGladrey Inc-Des Moines Lavern P. Stille James & Trudene Wittmaack David D. Brandt Dennis L. Frese John Karpan Ryan D. Miller Daniel & Dianne Rubendall Douglas W. Stockel Michelle L. Wityk-Kane Brian Hans Bratvold Wayne F. Frost David & Angela Keeney Christopher L. Millikan Laurie Rueber Beth Strasser Michael S. Wohlwend Denise A. Brown Paul S. Furth Justin & Angela Kelderman Brandon J. Morgan Connie Ruggless Sharon L. Swanson Kyle Woiwood Mary J. Brownmiller Greg A. Gall Adam Kerndt Ronald H. Morse Mark & Angela Rummel Jennifer L. Sweat Teresa Wolken James L. Bruns Joseph R. Galligan Theodor S. Kiel Brian J. Murphy Brenda M. Runyan Allen R. Taylor Christopher & Jennifer Yarrow Julie A. Buckallew Michael D. Gary Alexander & Beth Knight Charles W. Murphy Troy & Anita Rutz Taylor Veterinary Hospital Paul E. Young Deborah L. Bunnell Robert & Tracy Gettemy Charles A. Knudsen Robert & Steffanie Murphy Julia L. Ryan Diana Rose Testorff UNIBusiness thanks 559 alumni Cindy S. Burke Chris M. Getting Timothy Konzen Shaunda & Craig Murphy Marc & Shannon Salmon Andy & Megan Thiel and friends who gave gifts from Gary L. Burke Chris C. Gilbertson Judith Koopmeiners Martin & Kathleen Musser Scott A. Samuelson Christopher M. Thiel $1 to $99.99. Large or small, Donna M. Callahan David D. Gillman Michele & Mark Koppedryer Gary J. Nedved Mark A. Sanman Lyndon & Jane Thompson every gift makes a difference! Cliff Carlson Lori & Todd Glynn Brent Kramer Gary & Cindy Nelson Jeffery J. Sauer Phyllis M. Tinker Jack Petersen & Susan Chantland Chad & Britni Gookin Kevin J. Krause Kenneth Finn & Renee Neuzil C. Andrew Chase Susan Gradoville Robert & Louise Krogh Kristofer & Kristin Neyens Gordon & Joye Chizek Joseph H. Grandis Alan W. Krueger Kathleen & William Niedert Jin W. Choi Brian P. Green Jay E. Kruger Andrew & Lori Nielsen Matthew J. Chorpening Todd & Amanda Green Frank L. Kubesh Vaughn & Rowena Noring Panther Phone-a-thon Fund Drive Results Andrew & Jennifer Paul & Gina Greene Jeanette Kuchenreuther Timothy & Nancy Nowell Each year, UNIBusiness students call alumni to invite them to contribute to the Dean’s Fund for Excellence. This Christofferson David & Tammy Grimes Tamera S. Kusian Marlin Oeltjen fund allows the College to offer scholarships and extracurricular opportunities to help more of our students start Brian Clark Carolyn A. Gritton Chad & Tiffany LaBahn Kyle K. Oetker their careers with a professional edge and a global perspective. Stacey Conaway Lon & Dianna Groskreutz Matthew P. Laddusaw Charles L. Ogle Mark L. Conlon Eric & Heather Gunderson Francis K. Lai Keith J. Ohland Thanks to your generosity, $69,410 was raised during the 2011-2012 phone-a-thon, a 15-percent increase from Lois I. Craig Monica M. Haag Steven & Julie Lang Christopher Ollwerther last year. If you still need to fulfill your pledge or would like to make an additional gift to UNIBusiness, contact Kevin & Nancy Crist Stuart & Rachelle Haker Denna A. Large Tracy L. Olson Development Director Michelle Rourke at 800-782-9522, 319-273-4444 or [email protected]. You also can Steven R. Cummings David & Carolyn Hakes Steven A. Larson Thomas M. O’Shea give online at business.uni.edu/deansfund. Douglas & Barbara Cunningham Marie Haley David G. Latzke Steven N. Owenson Daniel J. D’Alessandro James & Beth Hall Daniel L. Lawrence Patrick S. Page

19 Annual Report on Giving

Latest UNIBusiness Scholarships A Note from Director of Development Michelle Rourke Hundreds of deserving UNIBusiness students receive scholarships each year thanks to the generosity of alumni, friends and organizations. Below are the new UNIBusiness scholarships* received in FY12 as part of the Imagine the Impact campaign for the University of Northern Iowa.

Richard E. Savage College of Business Administration Endowed Scholarship established by Dick (Marketing ’63) and Carol (Reading Education ’66) Savage.

Kyle and Denise (Lansing) Didier Scholarship in Business established by Kyle (Accounting ’89) and Denise (English ’89) Didier.

Robert James Waller Scholarship in Economics established by Robert James Waller (Marketing ’62, MA ’64).

Nikolas Musto Remembrance Award established by Patrick (Marketing ’82) and Rebeca Simmons. Take a look at the impressive list of alumni and friends who have made a financial commitment to UNIBusiness this year. We work hard to make sure there is a significant return on their philanthropic investment. QuadCapital CFA Scholarship established by Lois O’Rourke (Accounting ’81) and Charlie Knudsen Donors to the Dean’s Fund for Excellence support students who work hard to meet our high standards. Their dollars provide (Management ’77, MBA ’84). students willing to go above and beyond the regular classroom experience with opportunities that give our grads a competitive advantage upon graduation. They support successful student entrepreneurs, professional certifications, international experiences Scott and Angie Horton Accounting Study Abroad Scholarship and other professional development opportunities. established by Scott (Accounting ’97) and Angie Horton. Contributors to professorships and fellowships invest in a critical piece of UNIBusiness’ infrastructure: the faculty. Professorships and fellowships provide resources for faculty to stay abreast of current trends in their fields, incorporate the most relevant topics Thomas and Karol Nordstrom Endowed Real Estate Scholarship in their classes and contribute to the body of research in their disciplines. These things are required, not only to maintain our AACSB International accreditation, but to produce graduates with the technical skills necessary to make an immediate impact established by Tom (Education ’69) and Karol (Early Childhood Education ’69) Nordstrom. when they enter the workforce.

Accounting/STEM Endowed Scholarship Private support for scholarships and programs makes the educational experience at UNI accessible to students who might established by Richard (MBA ’74) and Kathleen (Accounting ’77) Redfern. otherwise face serious financial barriers. Investing in the futures of Iowa students who are likely to stay in Iowa after graduation has a long-term benefit for the economic well being of the state. And if you need a few more benchmarks to reassure your investment will pay off: our Accounting majors pass the CPA exam at six times the national average; our Finance majors pass the Daniel L. Schaeffer Human Resources Management Scholarship CFA Level 1 exam at twice the international average; and UNIBusiness has produced more NASBITE Certified Global Business established by Dan Schaeffer (Business ’71). Professionals than any other U.S. institution.

It’s important that the value of our stock as UNIBusiness alumni remains strong. Thanks for your commitment to keep it that way. Kathleen Hesse Accounting Scholarship To learn more about making an impact with an investment in UNIBusiness, please contact me at 800-782-9522, 319-273-4444 or established by Kathleen Hesse (Accounting ’82). [email protected].

John and Mary Pappajohn Scholarship Purple for Life, established by John and Mary Pappajohn.

Michelle Rourke (Marketing ’81) * Named scholarships begin at $1,000 (annually funded for at least five years) Director of Development or endowed with a gift of $30,000 or more. College of Business Administration

20 Dean’s Fund Leadership Circle UNIBusiness recognizes those who have made the Dean’s Fund for Excellence a focus of their giving. Members of the Dean’s Fund Leadership Circle give at least $1,000 each TheDean’s Fund year specifically to the Dean’s Fund for Excellence. This unrestricted fund supports For UNIBusiness students who are willing to invest time and effort building a professional Excellence edge that will be of immediate, marketable value upon graduation. UNIBusiness recognizes those who are helping the College with unrestricted gifts at the leadership level:

AEGON Transamerica Scott & Mary Ellen Hassenstab David & Barbara Meyers Gary & Patsy Roling Foundation Charles & Carolyn Hoefer Benjamin & Jennifer Miller Derek & Aaron-Marie Thoms Gary & Becky Anderson Scott & Angie Horton Douglas & Deann Opheim United Fire Group Michael R. Armbrecht Jack & Kathy Ingle David & Cynthia Petratis University Book & Supply Ted Breidenbach John Deere Foundation Principal Financial Group Wells Fargo Foundation Chris & Linda Lundstrom John & Elizabeth King Foundation Inc. Kent & Jody White Cook Daniel P. Kunkel James R. Proctor Timothy Williams Michael & Mary Jo Fox J. Michael & Virginia McBride Quanex Foundation Ben & Melissa Windust Steven & Lynn Graves John & Joy Meyer Andrew R. Reutter

thanks those who give to the Dean’s Fund for Excellence at the leadership level.

Matched Gifts The following companies matched their employees’ gifts to UNIBusiness:

AEGON Transamerica FBL Financial Group Inc. MidAmerican Energy Holdings Rockwell International Foundation Fidelity Foundation Company S.C. Johnson Wax Fund Inc. Alliant Energy Charitable GE Fund Midland National Life Sauer-Danfoss Foundation Insurance Co. General Electric Company/GE Segovia Allstate Foundation Milliman Foundation Sprint Foundation Ally Monsanto Company H & R Block Foundation State Farm Companies Bank of America Matching Gift Hormel Foods Corporation Nationwide Insurance Foundation Program Foundation ING Foundation Suez Energy North America Bertch Cabinet Manufacturing NCMIC Group Inc. John Deere Foundation U.S. Bancorp Foundation BMO Harris Bank Northwestern Mutual Johnson & Johnson Foundation United Fire & Casualty Chevron USA Inc. Company KPMG Foundation Pearson Education Cooper Tire & Rubber Veridian Credit Union Company Land O’Lakes Inc. Pella Corporation Wellmark Blue Cross and Blue Covidien Marsh & McLennan PepsiAmericas Foundation Companies Inc. Shield Deloitte & Touche Foundation Pioneer Hi-Bred International The Medtronic Foundation Wells Fargo Foundation Ecolab Foundation Inc. Meredith Corporation Xcel Energy Emerson Electric Co. Prudential Foundation MetLife Foundation Quanex Foundation

thanks the employers who matched their employees’ gifts.

21 Donor Spotlight

Giving Back: Robert J. Waller

In the spring of 2012, UNI announced a substantial estate gift Wells Fargo Establishes Robert James Waller from one of its best known alumni: Endowment for Scholarships (Marketing ’62, MA ’64). “UNI allowed me to explore my intellectual interests and my An endowment from tastes, as a student, a professor and a dean,” Waller said. “As a professor, UNI provided me room to experiment with courses Wells Fargo will support and course content; and, as the first dean of the business school, scholarships for five to have some influence on the direction of the university. I am UNIBusiness accounting pleased to lend support to my alma mater and to help it grow as a first-class university.” and finance students each year. “We are grateful for Wells Fargo’s support and its endorsement of the business education we deliver,” said UNIBusiness Dean Farzad Moussavi. “This gift will help ease the financial burden for generations of students who wish to get a globally recognized business education.”

Wells Fargo employs nearly 700 University of Northern Iowa alumni, many of whom are UNIBusiness graduates. Its team members contribute to the students’ education by speaking to UNIBusiness classes and student organizations and serving on University, College and departmental advisory boards. They also work with UNIBusiness to develop mutually beneficial cooperative initiatives. Most recently, the Wells Fargo Home Mortgage Division teamed up with Waller’s gift has been directed to a distinguished professorship the UNIBusiness Professional Readiness Program and multiple scholarships in economics; a UNIBusiness faculty to improve students’ professional communication development fund; and support for the jazz program, Honours Program and Rod Library. skills and give Wells Fargo team members mentoring UNI President Benjamin Allen said, “We are grateful to see an opportunities (see story on page 27). alumnus, former professor and dean give back to the university in such a significant way. We also appreciate the way that Dr. Waller “As a company, we believe it is important to support continues to challenge all of us at UNI with his own rigorous education and the many Iowa students who will be scholarly work. His gift provides support for our students and the future leaders of our state,” said Scott Johnson, faculty, and the example he sets inspires us to always strive for excellence in our academic programs.” region president of Wells Fargo in Iowa. “This Farzad Moussavi Current UNIBusiness Dean is determined to endowment will help defray the cost of education for build on the values Waller set in place as the College’s first dean. many students in the years to come. We’re proud to “It is so good to know our founding dean is pleased with how the be able to offer this kind of support to the University, school has evolved. We have made progress by holding tight to the College and students.” Waller’s core values of hard work and high standards,” Moussavi said. “Had he not built such a strong foundation, it may have been impossible to resist the pervasive trend in education toward deflated expectations and inflated grades. His gift means a lot to us.”

22 Gifts Strengthen Opportunities for Student Entrepreneurs UNI Student Business Incubator dedicated in honor of R. J. McElroy The Student Business Incubator, a program within JPEC, provides office space and business development expertise to a carefully selected group of student entrepreneurs who are developing a business or already have one up and running. The facility was named the R. J. McElroy Student Business Incubator during a September 2012 ceremony in recognition of a $300,000 grant from the R. J. McElroy Trust earlier in the year. The gift allows JPEC staff to enhance the expertise, programs and operational support provided to students in the incubator. “R. J. McElroy was one of the Cedar Valley’s most noteworthy entrepreneurs, and the trust has long funded many educational Randy Pilkington activities for area youth,” said , executive director of UNI Business & Community Services and director of JPEC. “The R. J. McElroy Student Business Incubator is a great combination of entrepreneurship and education.”

Pappajohn Reinforces Commitment to Entrepreneurship in Iowa The man whose name is synonymous with entrepreneurship in Iowa has made another investment in Iowa’s economic future. John Pappajohn, who has given millions to establish centers that foster entrepreneurship across the state, has made another contribution to the John Pappajohn Entrepreneurial Center (JPEC) at the University of Northern Iowa and the other four centers that bear his name. UNI JPEC received $1.5 million to bolster its outreach and operations and a special $10,000 gift for scholarships to entrepreneurial students who demonstrate financial need. “We applaud the vision Mr. Pappajohn had 16 years ago when he started the entrepreneurial centers, and we appreciate his personal investment in creating a new generation of entrepreneurs,” said Katherine Cota-Uyar UNI JPEC Associate Director . “His generosity and dedication to helping students achieve their educational and entrepreneurial dreams are unmatched.” Therese Kuster (Communication ’12) and Greg Jass (Marketing ’11), former JPEC provides a range of innovative educational programs and Student Business Incubator tenants and co-owners of TargetClick Marketing support services designed for student entrepreneurs. It supplies Solutions, Powered by Mudd, visit with prominent entrepreneur and expertise in all stages of business planning and development and incubator supporter Ike Leighty (far right) after the dedication ceremony. serves as a vehicle to bring new products and technologies to market. For more information, visit www.jpec.org.

23 Named Professors A named faculty position helps UNIBusiness attract and retain outstanding faculty while honoring the generosity of the donor who establishes the position. But students are the ultimate beneficiary. The proceeds from donor gifts allow faculty to develop new educational opportunities and generate direct financial support for students.

Karsten named first Nationwide Mutual Insurance Company Professor at UNIBusiness

Associate Mutual Insurance Company Professor of Professorship.” Management Nationwide Mutual Insurance Information Rex Company made a strong Systems Karsten commitment to undergraduate education when it established will hold this professorship, which UNIBusiness’ first Nationwide will help the College attract Mutual Insurance Company and retain the best faculty Professorship, a title that in a competitive market. recognizes his solid academic The Nationwide Mutual credentials, practical experience Insurance Company Professor in his field and ability to teach is selected by the UNIBusiness and connect with students. dean, in consultation with Karsten has a Ph.D. in Nationwide, for a three-year management information Rex Karsten (left) was recognized as the first Nationwide Mutual Insurance term. The position may rotate systems from the University of Company Professor at UNIBusiness by Nationwide representative and among the five undergraduate -Lincoln. His research alumnus Wendell Crosser (right) during a November 2012 ceremony. The business departments: focuses on information systems ceremony was held in the Great Reading Room of Seerley Hall and UNI accounting, economics, finance, pedagogy, information and President Benjamin Allen presided. management and marketing. communications technology Three alumni played a Teaching Innovation Award this attests to his complete literacy, computer self- critical role in making this and Outstanding Junior Faculty dedication to the College and Wendell efficacy, information systems professorship happen: Award. He has published our students. Crosser professional-end user interaction (Accounting ’81), vice numerous journal articles and and training. “He is the epitome of what president of finance for Allied presented dozens of papers. He Paul VanDenBosch Karsten holds the distinction we look for in our faculty Insurance; receives some of the highest of the only UNIBusiness members,” said UNIBusiness (Marketing ’87), regional vice teaching assessment scores in Farzad Moussavi. faculty member to have ever Dean president for Allied Insurance; the College and dedicates many received all four College-level “We cannot think of a more and Bob O’Hollearn (Political hours outside the classroom awards: Faculty Research worthy candidate to hold the Science ’72), regional vice advising students on their Award, Faculty Service Award, distinguished Nationwide president for Allied Insurance. professional interests. All thanks Nationwide Mutual Insurance Company, Wendell Crosser, Paul VanDenBosch and Bob O’Hollearn.

Jeff and Julie Hamilton/ESP With two recent additions, UNIBusiness is International Fellowship for Supply proud to have 10 named faculty positions: Chain & Logistics Management T. Wayne Davis Chair in Entrepreneurship John Deere Supply Chain Management Fellowship At the end of 2012, UNIBusiness gift comes as UNIBusiness Deloitte Accounting Faculty Fellowship received a generous gift from is revitalizing the program Gaylon Halverson Professorship in Accounting ESP International President and will allow the College Jeff Hamilton and CEO to attract outstanding junior Jeff & Julie Hamilton/ESP International Fellowship for (Accounting ’80) and his wife faculty committed to teaching, Supply Chain & Logistics Management Julie. Their initial investment research and service in their Lawrence Jepson Professorship in International of $100,000 will create an quest for tenure. Look for more Economics endowment to support the information at business.uni.edu McGladrey Professor of Accounting College’s Supply Chain and in next year’s UNIBusiness Nationwide Mutual Insurance Company Professorship Management program. The Alumni Magazine. PricewaterhouseCoopers Professor of Accounting thanks Jeff and Julie Hamilton for their David W. Wilson Chair in Business Ethics generous support of our Supply Chain Management program.

24 Faculty Recognition

Hip Hippie Businesses Think you know all there is about the free-loving, pot-smoking, rock- This photo, shot by famed and-rolling hippies of the 60s? rock photographer Herbie Think again. Greene, graces the cover .of Associate professor of marketing Billion Dollar Hippie Michael Klassen spent four years researching the Haight-Ashbury Hippie Movement, and he found a community of innovators and a spirit of entrepreneurship that Michael Klassen defies the stereotypical slacker portrayed in pop culture. Through interviews and book and media reviews, Klassen discovered that during the 100-week period of the Haight-Ashbury Hippie Movement, 39 hippies created 38 different ideas and products using their own ingenuity and meager material resources. Over 40 years later, what they set in motion is collectively worth nearly $175 billion and employs millions in the U.S. and abroad. Klassen’s book, Billion Dollar Hippie, takes an in-depth look at the people and the products rooted in this 58-block area of San Francisco, complete with photos and personal interviews with the people who started it all. To learn more, visit www.billiondollarhippie.com.

Faculty Recognition Delivering essential business knowledge and instilling traditional work values require devoted faculty willing to demand the best of themselves and of their students. UNIBusiness congratulates the following faculty for their outstanding contributions to the College and our students’ education.

Shahina Amin Rex Karsten Gabe Lee Christine Bauman , associate , associate , associate professor The late , professor of economics professor of management of management information PricewaterhouseCoopers Faculty Teaching Award information systems systems Professor of Accounting Sponsored by Tim Williams Faculty Research Award Outstanding Junior Faculty Service Award (Accounting ’71) in memory and Sponsored by David Faculty Award Sponsored by Gaylen honor of LaVerne Andreessen (Management ’81) and Cindy Sponsored by University (Accounting ’72) and (Elementary Education ’80) Book & Supply Glenna Miller Petratis

thanks Gaylen and Glenna Miller; David and Cindy Petratis; Tim Williams; and University Book & Supply for their support of faculty recognition.

25 UNIBusiness Diversity Matters Diversity captures the rich differences that people bring to a community. The concept is complex, shaped by history, and changing as our understanding of the world and its people evolves. At a very practical level, we want our students to understand that just as wise investors diversify their financial portfolios, it would be wise for them to diversify their social networks.

UNIBusiness Diversity Task Force by Mary Connerley, Department of Management Head and Diversity Task Force Chair Embracing differences in individuals maximizes the potential of the group, which is why diversity has become so important for contemporary organizations and at business schools that prepare future business leaders. At UNIBusiness we work hard to increase diversity-related awareness, knowledge and skills of faculty, staff and students. We also seek to increase interactions among majority and underrepresented students.

Diversity Case Competition Diversity Training: ‘That More than 50 to increase the attractiveness of students took college to minority recruits. Stereotype Hurts’ part in the first According to the final-round UNIBusiness judges — Carly Williams, Evie Myers, vice president of Diversity Case national campus diversity leader equity, diversity and global Competition, for PricewaterhouseCoopers; outreach at North Dakota State sponsored by Angela Weekley, community University, visited UNIBusiness PricewaterhouseCoopers and inclusion manager at Veridian and spoke to faculty and staff and Veridian Credit Union. Credit Union; and Gloria to students in the Professional With $5,000 at stake, the three- Gibson, executive vice president Readiness Program about the to four-member student teams and provost at UNI — choosing pain stereotypical remarks can competing in 2012 were tasked a winner was not easy. Weekley cause. She wanted people to with resolving UNI’s challenges was impressed by the desire all know that even comments that in recruiting and retaining the students showed to research seem “positive” toward a race or underrepresented students. ways to become more inclusive Philip culture can leave an individual in The winning team — and the level of cohesiveness Musson Ethan (Management), shown by each team. that group saying, “Ouch! That Thompson Megan (Marketing), stereotype hurts.” Heemstra Some students who participated (Marketing) and Michelle Prieto in the competition commented (Management) that they had not considered — recommended training faculty the advantages and challenges A MAcc Program First on diversity, involving UNI of diversity prior to this event. students in ongoing marketing The best outcomes were the While at UNI, Miller, who and recruitment efforts as on- conversations that occurred is originally from Gary, Ind., campus diversity ambassadors, among students, who reported was an officer in the UNI improving recruitment and learning as much from their Accounting Club, involved retention methods in minority teammates as they did from in EXCEL, and started a communities and a campaign their research. charitable organization with her sisters that worked with youth in Black Hawk County. Winners of the 2012 UNIBusiness Diversity Case Competition. UNI’s MAcc program was approved and accredited in 2000. It emphasizes applied accounting research skills, Sheleita Ruth Miller When communication skills, (Accounting and Economics problem-solving capabilities, ’11, MAcc ’12) walked across and other skills and knowledge the stage at the spring 2012 required to be a successful Commencement ceremony, professional accountant in she made history and was public accounting, business recognized by UNI President and government. Program thanks Platinum Sponsor Benjamin Allen as UNI’s first completion also satisfies Iowa’s PricewaterhouseCoopers and Gold Sponsor Veridian Credit African American female 150-hour requirement for Union for sponsoring the Diversity Case Competition. MAcc grad. CPA licensure.

26 Professional Readiness Program A UNIBusiness graduate’s competitive advantage? A unique combination of traditional work values, essential business knowledge and contemporary professional skills. Our students come to us with the traditional work values of a Midwest background. Our world-class faculty delivers the essential business knowledge. And our Professional Readiness Program equips graduates with the contemporary professional skills necessary to hit the ground running.

Professional Readiness Program teams up with Wells Fargo Home Mortgage

No “Waz up?,” LOL or TTYL of teenagers’ communication. “Wells Fargo team members unique project, our volunteer allowed. The project is also beneficial to participating in a management mentors will provide guidance The Professional Readiness the Wells Fargo mentors. Many rotation program should and help UNI train the next Program (PRP) has added of the employees chosen to provide practical guidance generation of business leaders. Wells Fargo participate are in the company’s to college freshmen while After graduation, we hope Home Mortgage Accelerated Management to its growing Program, and this partnership list of corporate provided emerging managers supporters, and an opportunity to be mentors More than 35 Wells Fargo employees were this supporter will hone in on mentors to more than 300 students in the students’ professional phone and email etiquette, including first semester of this project. appropriate greetings, voice mail messages, tone and email subject lines. Pat developing the skills for both many of these students will With leadership from Hellman the student and the team continue their relationships (Management ’87), members. As a leader, I am with us, either as our customers, senior vice president of Capital also participating as a mentor suppliers, business partners or Markets Loan Operations, and have been impressed with team members.” Wells Fargo Home Mortgage the effort and thought that the has committed to helping students are putting into this hundreds of UNIBusiness Pat project.” students put their training to Hellman practice. The project was organized and executed by Amy Jarnagin, This fall students in the PRP and provide feedback to a leadership development Level 1 — all first-semester professional-in-training. More manager for Wells Fargo’s freshmen with a business than 35 Wells Fargo employees Accelerated Management major — were matched with were mentors to more than 300 Program. Wells Fargo Home mentors from Wells Fargo students in the first semester of Mortgage has committed Home Mortgage. Students this project. to continue the project — a scheduled a phone meeting “This is an opportunity for commitment to hundreds of via email, carried on a career- UNIBusiness students each year. focused phone conversation, Wells Fargo team members to and followed up with a thank develop important mentoring “Wells Fargo has a proud you email. These skills are skills, which are becoming a tradition of investing in increasingly important in an age growing part of our corporate the communities we serve,” where texting is the main form culture,” said Hellman. Jarnagin said. “Through this

thanks Wells Fargo Home Mortgage for its commitment to our students’ professional development.

PRP Seeks Corporate Partners

The UNIBusiness Professional Readiness Program is looking for additional corporate partners ready to become involved on a deeper Dale Cyphert level. For more information or to get your company involved, contact PRP Director at [email protected].

27 Graduation Celebration The University of Northern Iowa’s College of Business Administration celebrated past achievements and inspired future success during the Class of 2012 Graduation Celebration on April 12, 2012.

UNIBusiness Alumni in Residence The College’s Graduation Celebration doesn’t just focus on our graduating seniors. It also celebrates our Alumni in Residence — distinguished alumni from each undergraduate department who spend the day on campus and participate in Graduation Celebration events. This year the Alumni in Residence represent four decades of our strong business education; come from companies large and small; work at the top of long-established corporations and lead young entrepreneurial ventures; and traveled anywhere from 1,900 miles to a few blocks in order to partake in the celebration.

Brenda Clancy (Accounting ’75), COO, Transamerica, Cedar Rapids, Iowa Clancy has worked for Transamerica for 37 years, becoming executive vice president and COO in 2005. In this position she guides numerous corporate areas and works directly with the three core divisions of Transamerica with a focus on streamlining operations and implementing best practices. She is a key member of Transamerica’s executive team responsible for the development, implementation and execution of corporate strategy and the company’s business plan.

Jeff Scudder (Economics ’03), associate, Snell & Wilmer L.L.P., Phoenix Scudder’s law practice is concentrated in business and finance, with a focus on mergers and acquisitions, corporate governance, securities law, SEC reporting and compliance, general contracting, and compliance with the Hart- Scott-Rodino Antitrust Improvements Act of 1976. Scudder attended University of Iowa Law School after making his mark at UNI as a Presidential Scholar and president of Northern Iowa Student Government.

Ben Fogle (Finance ’99), vice president of capital markets, Farm Credit Services of America, Omaha, Neb. In October 2012, Fogle became vice president of capital markets for Farm Credit Services of America. He was previously director of capital strategies for Jasper Stone Partners and spent 11 years with Principal Real Estate Investors in Des Moines, Iowa. He has successfully led over $2 billion of real estate transactions, as well as managed the development and implementation of investment strategies, business platforms and capital raising.

Kate Washut (MIS ’98), vice president, Far Reach, Cedar Falls, Iowa Washut is a co-founder of and partner at Far Reach and responsible for the company’s operations management, human resources, vendor management, sales and marketing, customer relationship management, software development and project management. Washut was a finalist for the Technology Association of Iowa’s Women of Innovation Entrepreneurial Innovation & Leadership Award in 2010 and 2011 and won the award in 2012. In addition to her degree in MIS, she received a psychology degree from UNI in 1990.

Mary Mehrtens-West (Marketing ’81), president, The Roy West Companies, Orlando, Fla. Since graduating from UNI and the Iowa Military Academy (’83), Mehrtens-West served as an active duty U.S. Army officer, spent 24 years in sales executive/sales leadership/senior executive roles with Fortune 500 Companies, graduated from The Gallup Organization’s “Great Leader” Program, was selected as one of the first five non-Gallup employees ever authorized to certify Strengths Performance Coaches, and now is president and owner of her own corporation. At The Roy West Companies, she is responsible for business development and supporting a global network of Master Coaches.

Kurt Kaliban (MBA ’01 ), test lab operations manager, John Deere Power Systems, Waterloo, Iowa Kaliban has worked for Deere and Co. since 1990. In his current position as test lab operations manager with John Deere Power Systems, he leads development and deployment of testing technologies, test plan execution and coordination of worldwide test lab strategy. In December 2011 he received Deere and Co. Chairman’s Award as a member of the S450 iT4 Engine Team for the project that best contributed to the health and long-term sustainability of the enterprise.

thanks the 2012 Alumni in Residence.

28 In the Classroom

April 12, 2012 Throughout the day, the undergraduate Alumni in Residence visited classes, spoke to students from their respective departments and were lunch guests at the President’s House.

Mixer

5:30 p.m. Class of 2012 Mixer Prior to the Class of 2012 Forum, a mixer was held in the Hall of Flags, allowing students, faculty and alumni to network.

29 Graduation Celebration

Forum

6 p.m. Class of 2012 Forum Sponsored by United Fire Group The Alumni in Residence within the College’s five undergraduate departments joined together in front of a large crowd of students and faculty for a forum, “Experience Speaks: Life after Graduation.” They reflected on their time at UNIBusiness and gave advice for a successful career.

Highlights from the Class of 2012 Forum with this year’s undergraduate Alumni in Residence: Clancy

“The learning curve is going to be quite steep but don’t feel like you’re the only one. Don’t be afraid to ask questions. Even CEOs ask questions.” Scudder

“I have a tendency to do too many things at one time and spread myself too thin. You run the risk of diluting your talent. Stay involved in the community around you but do it in a meaningful way.” Fogle

“The rigor and hard work the professors make you go through trains you and prepares you for the jobs you will take on. The hard work and rigor pay off.” Washut

“Remember, you’re not done learning when you leave here.” Mehrtens-West

“Stand upright, be clear about what’s meaningful and what’s important to you. Don’t feel you’re not being humble enough by speaking the value you bring to the table.”

30 Awards Ceremony

8 p.m. Class of 2012 Awards Ceremony Sponsored by Montage Students and the Alumni in Residence were honored for their accomplishments and their commitment to UNIBusiness. Parents and members of the UNIBusiness Executive Advisory Board attended the Awards Ceremony at Montage in downtown Cedar Falls, Iowa.

Student Leader of the Year Purple and Old Gold Awards Sponsored by David (Management ’81) and Cindy (Elementary Education ’80) Petratis Accounting Business Teaching Olivia Cezar Dalton Anne Pudenz (Finance and Marketing) Boettcher (Business

(Accounting ’12, Teaching ’11) Student Leader of the Year MAcc)

Sponsored by Jonathan (Finance ’97) and Jessica (Elementary Education ’97) Lewin and family Economics Management Skylar Mayberry-Mayes Jordan Voss Ann Meade (Finance ’12)

(Economics and (Management ’12)

Finance ’12) JPEC College of Business Administration Student Entrepreneur of the Year Christian Brown (Management ’11 and Finance MIS Jessica Daniel Lukens Accounting), founder of CMB Portfolio Kunzelmann Management LLC (MIS ’12) (Finance ’12)

Student Organization of the Year

Sponsored by ESP International American Advertising Federation Real Estate Marketing Danielle Sturm Jamie Harthoorn (Accounting, (Marketing ’12) Finance and Real Estate ’12)

thanks Montage; United Fire Group; Dan (Marketing ’81) and Katy Leese of V2 Wine Group; ESP International; Jonathan and Jessica Lewin and family; David and Cindy Petratis; Deloitte/Jeff Provost (Accounting ’84); Denise Bouska (Accounting ’90); Jill Hemphill (Management ’91); McGladrey; Pioneer Graphics; Taylor Veterinary Hospital; University Book & Supply; and Wells Fargo Bank /Lisa Dreyer (Economics ’87) for their contributions to the Class of 2012 Graduation Celebration.

31 Class Notes

Patricia (Mineart) Leistikow Jay Anliker Nick Waters Accounting ’78 is ’84 was named president ’04 is a product solu- CFO at Itasca Community College and CEO for UMR, a business unit of tions analyst for Principal Financial Class Notes Northeast Higher Education District. United Healthcare. He and wife, Deb Group. He lives in Johnston, Iowa. She lives in Deer River, Minn. (Seidl) Anliker (Elementary Educa- Laura Weeces Oliver Pierce ’04 is an internal audit ’63 , of La Vista, Neb., Steve Marlow tion ’84), live in Wausau, Wis. ’78 , supervisor with Arthur J. Gallagher retired but still does some tax work Theresa (Uhlenhopp) Hurley during his “three season year”: tax sea- a past president ’85 and Co. She lives in Streamwood, Ill. of the Iowa retired in 2010 after selling her CPA Jeremy Brock son, golf season and college football/ ’05 (Accounting and Society of CPAs, practice. She resides in Waterloo, basketball season. Finance) was appointed chief financial presented his Iowa. Robert Krogh Tim Marlow officer of Electromed, Inc. ’71 (MAcc ’72) retired son, Craig Dass from John Deere in September 2009 ’88 , of Humble, Texas, is Jacqueline (Theis) Eberhart (Accounting ’12), ’05 after 35 years and from UNI as an CFO at Childress Directional Drill- with the 2012 Iowa Society of CPAs (Accounting and Finance) is a adjunct accounting instructor after ing in Houston. Outstanding Accounting Student compliance officer with Peoples 25 years. Brett Michael Baker Award during the Department of ’89 completed Savings Bank in Wellsburg, Iowa. She Gary Andersen ’72 of East Moline, Accounting’s scholarship and awards a doctorate in information technology lives in Parkersburg, Iowa. Ill., welcomed his fifth grandchild, reception. Tim Marlow was selected and systems management from the Matthew Conklin ’06 is a finance Emmerson, to the world on July 15, by the department faculty to receive University of Maryland (University transformation analyst at Stanley 2011. the award based on his academic College). Baker lives in Fulton, Md. Black & Decker. He lives in achievement and leadership potential. Terry Merfeld Randall Thomas ’93 , of Des Moines, ’75 (MBA ’98) was He works at Deloitte in Minneapolis. Zionsville, Ind. Iowa, became a shareholder of Roth & promoted to associate professor of Steve Marlow has served on the Marriages Company, P.C. on Jan. 1, 2012. accounting at Upper Iowa University. UNIBusiness Accounting Advisory Katie (Stravers) Farris Jamie (Alber) Nelson He lives in Cedar Falls, Iowa. Council and was the Department ’95 is the ’98 married Jean Trainor ’75 of Accounting’s 2006 Alumni manager of communications at GDF Michael Nelson on April 16, 2011. in Residence. He is currently SUEZ Energy North America in Amanda (Shipley) Barnes received the Uni- ’08 versity of Northern vice president and CFO of Care Houston. She joined the company in Initiatives. 2002 after seven years at Deloitte & (MAcc ’09) married Ian Barnes on Iowa Alumni July 28, 2012. Bruce Jorth Touche. She lives in Katy, Texas. Association’s ’81 , of Lake Worth, Fla., Kelly Larson Births Alumni Service is the chief risk officer at McGladrey ’95 , CFO of Summit Award for her & Pullen, LLP, was appointed to Brigitte Palmer Doleshal Brewery, was listed among the Min- ’91 and continuous service to UNI. Trainor is the Standing Advisory Group of the neapolis/St. Paul Business Journal’s Charles Doleshal, son Drake Palmer CEO and president of Veridian Credit PCAOB and is also a member of the 2012 Women to Watch. Larson lives born Oct. 18, 2011. They live in Union. Trainor has served UNI in AICPA Professional Ethics Executive in St. Paul, Minn. many capacities including mentor- Kansas City, Mo. Committee. Jon Holstrom ’99 was promoted to Dianna (Fitzl) Groskreutz ing in Career Services, serving on Steve Larson ’99 and ’82 was promoted to the UNIBusiness Executive Advisory chief accounting officer and assistant Lon Groskreutz, son Riley born July chief financial officer and treasurer Board and supporting the Gallagher- treasurer of Woodward Communi- 1, 2011. They live in Wells, Minn. of Woodward Communications cations Inc. He lives in Urbandale, Bluedorn Performing Arts Center. Stephanie (Johnson) Dowden She also hosted Inclusion Connection, Inc. Larson joined WCI in 1984 Iowa. ’07 as internal auditor and was named Nicki (Hagen) Inman (MAcc ’08) and Patrick Dowden, son an event that stressed the abilities of ’00 graduated accounting supervisor in 1988, Connor James born Feb. 27, 2012. people with disabilities. in June 2012 from Leadership Mem- assistant controller in 1992 and They live in Council Bluffs, Iowa. Merlin Nuss phis, a program that has been shaping ’76 , of Shawnee Mis- controller/assistant treasurer in 1997. Geoffrey Juza community leaders in the Memphis, ’08 (MAcc ’09) and sion, Kan., is vice president change He lives in Dubuque, Iowa. Tenn., area since 1979. She lives in Molly (Steffen) Juza (Spanish ’10), son manager for Bank of America. He James Hall also taught project management ’83 and Beth (Diercks) Eads, Tenn. Daniel Steffen born Feb. 26, 2012. Hall (Elementary Education ’84) Courtney Strutt Todd They live in Waterloo, Iowa. as a volunteer adjunct professor at ’03 was elect- founded Rehab Management Systems the School of Graduate Studies at ed shareholder at the Davis Brown Deaths in Cedar Rapids, Iowa, and celebrated MidAmerica Nazarene University in Law Firm in Des Moines, Iowa. Todd 15 years in business in August 2012. William Werning Olathe, Kan., during the fall of 2012. lives in Ankeny, Iowa. ’69 , Vienna, Iowa, Their business serves 540 therapy died Aug. 7, 2011. Jim Schmitt Joshua Wilks ’77 is the managing di- companies with 80 clinic locations in ’03 , of Ballwin, Mo., rector of Expense Reduction Analysts more than 20 states. was promoted to principal with (ERA) in the U.S. He manages ERA LarsonAllen. from his office near Cedar Rapids, Iowa.

2012 Career Fairs Many UNIBusiness alumni represented their organizations to recruit students during UNI’s 2012 career fairs.

Adam Rahn (Accounting ’06), Emily Micek (Ac- Mitch Leahy (Finance ’08) Mike Redington (Accounting ’08), Clint Wade counting ’99), Jeff Lappe (Accounting ’09) and Amy works for GreatAmerica (Accounting ’07), Brooke Vittetoe McLaughlin (Fi- 32 Zimmerman (Accounting ’03) work for John Deere. Leasing Corporation. nance & Real Estate ’05) work for Transamerica. Steve Neighbors Economics ’92 , of Reno, Marriages credit officer with Rabo AgriFinance Nev., retired from a 19-year career and now works out of the company’s Andrea (Smiens) O’Shea Class Notes in commercial real estate finance ’05 headquarters in St. Louis, Mo. and investments to become an married Brandon O’Shea. They live in Stephanie Che Michael Rokes ’10 (Accounting ’75 , of Dike, Iowa, entrepreneur. He started Yogurt Iowa City, Iowa. and Finance ’08) is a senior portfolio retired from John Deere after 37 Beach, a frozen yogurt and custard Lucas Brady ’07 married Laura manager and assistant vice president years. business, and became the western- Brady on June 16, 2012. of Credit Suisse in Switzerland. Derek Thoms U.S. partner in International Capital ’02 is an inside sales Pernell Cezar Jr. Equipment, an equipment re- ’10 (Finance manager at ESP International in marketing business. and Marketing) married Jessica Cedar Rapids, Iowa. Thoms lives in Management/ Matthew Nielsen (Simmons) Cezar. Marion, Iowa. ’00 , of Phoenix, Management Ben White was promoted to vice president Births ’10 began working for Information Systems/ of acquisition and campaign Conni (Sloth) Swart West Bank in December 2010 as a ’01 and Kory management at American Express Business Teaching teller and is now a full time coin vault Swart (Mathematics ’96, MA ’98), International. teller. He also works part time for Hy twin sons Adam and Casey born June Rollie Fors Class Notes Vee as a cashier and cash accountabil- ’01 is senior vice president 16, 2011. They live in Mount Vernon, Donna ity manager. He lives in Clive, Iowa. for Colliers in the Kansas City, Mo., Iowa. ’70 Andreessen office. He lives in Prairie Village, James Mulick Marriages ’06 and Emily Kan. welcomed her (Klemz) Mulick (Elementary Wei erh Chen Aram Susong first grandchild ’07 married Kassidy ’01 was named to the Education ’04), daughter Felicia in September (Lyons) Chen (Biology ’09) on July class of 2011 Cedar Valley 20 Under Ann born May 26, 2011. They live in 2011. Kate Olivia 30, 2011. 40. He lives in Waterloo, Iowa. Overland Park, Kan. was born to John Aronowitz Finance/Real Estate ’02 , of Ames, Iowa, Rebecca Andreessen Gardemann works for the Iowa State University MBA (Early Childhood Education ’03, Class Notes Foundation fundraising for the MA ’09) and Larry Gardemann College of Engineering. Class Notes (English Teaching ’05). Friends of

Garrett Murdock Jean-Myrtil Laurent the family say Kate’s “fat cheeks” look UNIBusiness Alumni ’04 (Finance and ’98 is the LaVerne like her grandpa, the late Marketing) is assistant vice president international sales and marketing Andreessen Compete, Win for United Way (Business Teaching at JPMorgan Chase Bank in Chicago. director at Mähler-Besse SA in the ’61, MA ’66) who was a UNIBusiness Blake Colwell Bordeaux area of France. ’05 (Real Estate and accounting professor for many years. Jeffrey Zhang Marketing) is manager of Bill Colwell ’02 (MAcc ’03) Catherine (Krueger) Smith ’70 Ford in Hudson, Iowa. He resides in completed his Ph.D. in finance at the (MA ’77), of West Des Moines, Cedar Falls, Iowa. University of Rhode Island and is now Iowa, retired in 2011 after 39 years Jordan Alborn assistant professor of finance at the ’07 was named to the teaching at AIB College of Business University of Dayton in Ohio. class of 2011 Cedar Valley 20 Under in Des Moines, Iowa. AIB has Hyun Jong (James) 40. He lives in Cedar Falls, Iowa. ’04 (Hong Kong) renamed one of its residence halls Jung Micah James is the chief investment officer the “Kay Smith Eagles Hall” in her Alan Williams ’07 , of Fayette, Iowa, (Finance and Real for Korea Securities Finance Corp in honor. Derrick Loutsch is a 2013 MBA candidate at the Estate ’04), Seoul, South Korea. Bonnie (Johnson) Beorkrem University of Iowa. ’71 (Finance and Real Estate ’05), Kyndra Sorensen Pernell Cezar Jr Amy Yeung retired at the end of May after 41 (Finance ’10) and ’10 . (Finance ’04 (Hong Kong) joined Chris Roberts years of teaching in the Davenport (Finance ’99), all and Marketing) was promoted to ACE Life Insurance Company Community School District. She employees at KeyBank in Overland negotiation expert for the Healthcare in Hong Kong as regional chief lives in Bettendorf, Iowa. Park, Kan., gather with Department Division of Target Corporation marketing officer for Asia Pacific. Art Cox Raghunath Aerabati Thomas Dallenbach of Finance Interim Head in in Minneapolis. He resides in ’07 joined ’74 , of the bank’s main board room, which Minnetonka, Minn. GE Healthcare in Detroit as a lead Waterloo, Iowa, retired from John will be decked in purple and gold Troy Delagardelle Deere in 2011 after 30 years of ’11 is an alterna- systems analyst in July 2011 and for a year. To raise money for their employment. tive asset management intern for The works for GE Healthcare’s Global local United Way, the KeyBank office Supply Chain Department. Aerabati Richard Gaard Blackstone Group in New York. ’74 , of Decorah, launched a competition among the is a Certified Project Management Luke Steimel Iowa, was named Class 3A Boys alumni of various universities, with ’11 is an investment Professional and Certified Six Sigma Golf Coach of the Year by the Iowa the winning school’s name placed on operations specialist with Principal Green Belt professional. Golf Coaches Association. He is the the main board room for a year. UNI Global Investors in Des Moines, Curt Hudnutt boys’ golf coach at Decorah High was victorious! Iowa. He lives in West Des Moines, ’08 (Finance and School and has held that position for Iowa. Spanish ’99) was promoted to executive vice president and chief 41 years.

Robert Allbee (Physical Education ’80), Megan Smock Patrick Brouillette (Finance & Real Carson Forst (Marketing ’12) works for (Finance & Real Estate), Phil Musson (Management) and Estate ’11) works for Enterprise. Cottingham & Butler. Antonio Kioko (MIS ’98) work for Principal Financial Group. 33 Class Notes

Del Shepard Donald Snyder Paula Throndson Crystal (Thompson) Bauman ’74 , of Janesville, Iowa, ’88 retired and ’11 is a supply ’04 retired from serving as Iowa’s director moved to Springfield, Mo. chain executive in training at Target and Jeff Bauman, son Eli born July 9, of teacher education for Kaplan Jill Hemphill Corporation in Minneapolis. Through 2012. They live in Grinnell, Iowa. ’91 , of New York City, University. this year-long rotational program at Sara (Hawker) Breckenfelder accepted a position in the corporate ’04 Roger Judas Jean Target headquarters, she will work ’76 and tax department with General and Matt Breckenfelder, daughter (Rodman) Judas with the International Transportation, (Marketing ’77), Electric. She leads all of GE’s global Emma Jean born July 28, 2011. They Global Trade, Vendor Operations and of Waterloo, Iowa, celebrated their equity compensation plans and is live in Manchester, Iowa. Food Supply Chain teams. 35th wedding anniversary on July 16, responsible for certain expatriate and Stacy (Roberts) Marcus ’04 (MA 2012. They are the parents of Lindsey global payroll tax matters. Marriages ’12) and Ryan Marcus, son Luke Judas (Accounting ’07, MAcc ’08) Paul Hagist ’93 , of Muscatine, Morgan (Maxwell) McCulley Roberts Marcus born Oct. 11, 2011. and Brandon Judas. ’04 Iowa, was promoted to director of They live in Winthrop, Iowa. Paul Klinge married Greg McCulley on Sept. 1, ’76 , was named purchasing for Grain Processing Harold Stone 2012. ’04 and Amy (Brassil) managing director of EBIT Corporation, a subsidiary of Aaron Rawson Stone (Early Childhood and Associates, Ltd. He lives in Waverly, Muscatine Foods Corporation. He ’04 married Lauren Elementary Education ’02), daughter Iowa. was formerly purchasing manager and (Mendel) Rawson (Physical Education Adelyn Rae born Feb. 17, 2011. They Richard Admire has held various positions within the ’07) on July 16, 2011. ’80 , of Sergeant live in Cedar Rapids, Iowa. starch and purchasing departments Douglas Goodenbour Bluff, Iowa, was inducted into the ’09 married Douglas Goodenbour since 1993. ’09 and Briana Iowa High School Baseball Coaches Briana (Ritter) Goodenbour Tina (Jepsen) Pritchett (Ritter) Goodenbour (Mathematics Hall of Fame in January 2012. He ’93 , of (Mathematics ’08) on June 27, 2009. ’08), son Aiden born May 29, 2011. is a high school business education Granger, Iowa, is a mail document Geoffrey Knoop ’09 married Kaytee They live in Kalona, Iowa. teacher and head coach for baseball management supervisor for EquiTrust Kleinmeyer on August 27, 2011. and golf at Sergeant Bluff Luton Life Insurance Co. in West Des Deaths High School. Moines, Iowa. Births James Schneckloth James Harken Marc Mitchell Chad Feldmann ’58 , died Dec. ’81 is project manager ’95 , of Redondo ’93 and Bridget 29, 2010, in Charles City, Iowa. at Hansel Construction Co. He lives Beach, Calif., joined Cerrell Feldmann, son Christopher Michael in Grundy Center, Iowa. Associates as the director of public born Sept. 30, 2011. They live in Saint Scott Jessen affairs in February 2011 and was Louis. Marketing ’81 is managing appointed as a planning commissioner Ann (Menzner) Kiesling director at Citadel Partners Real ’96 Class Notes by the mayor of Redondo, Calif., in Estate Advisory Firm in Richardson, and Matthew Kiesling, daughter September 2011 after serving two Jean Gabel LeWarne Texas. He is also a board member Madeleine Aileen born December 26, ’49 traveled years as public works commissioner. in the local community leadership 2011. They live in Marion, Iowa. to Washington, D.C., on an Honor Dale Otte program with a focus on mentoring, ’00 , of Pella, Iowa, is Paul Gorecki Flight to view the memorials at the ’99 and Cathy Gorecki, service and regionalism. athletic director at Pella High School. U.S. Capitol. She is a World War daughter Natalia Cathryn born Aug. Curt Patterson II Navy Wave veteran and attended ’81 , of Cedar Falls, Mamdoh Alhabeeb ’02 is a database 27, 2012. They live in Chicago. Iowa State Teachers College through Iowa, is an independent Financial administrator and application Staci (Harper) Castillo ’02 and the GI Bill. LeWarne lives in Mason Strategy Coach at Financial developer with George Washington Aaron Castillo, daughter Kalei Mae City, Iowa. Architects. Medical Faculty Associates. born May 12, 2012. They live in Gladys (Sawtell) Schmidt Curtis Hoff ’51 , ’84 , of Marshalltown, Rick Breuss ’03 is president/regional Littleton, Colo. of Manning, Iowa, works as a tax Iowa, was named president of United vice president of Iowa Hospice in Des Britne (Haskin) Dietz Casey ’03 and preparer during the tax season, and Bank & Trust in Marshalltown and Moines, Iowa. Dietz (MIS ’04), son Ethan Arthur the rest of the year she volunteers continues to serve as a lecturer in the Tarek Fahmy ’06 , of Arlington, born Aug. 3, 2010, joining sister in local schools as a “Speak Up” College of Business at Iowa State Va., was awarded a Presidential Camryn Lynn. They live in Ankeny, representative. University. Management Fellowship with the Iowa. Harold Burshtan Mary Laws Helmig ’52 , of Wheaton, ’85 , of U.S. Department of Energy in Curtis Switzer ’03 and Lisa (Groth) Ill., retired in June 1999 after 40 years Morgantown, Penn., is premium Washington, D.C. He works as a Switzer (Interior Design ’03), daughter as a high school principal in Iowa, audit manager at CNA Insurance. program analyst within the Office of Lucienne Caroline born May 17, 2012. Wisconsin and Illinois and serving Joyce (Kuhn) Pingel the Chief Financial Officer. ’87 , of They live in Eden Prairie, Minn. several years as vice president of Runnells, Iowa, is vice president of in Fairfield, Iowa. information technology at Kum & Go headquarters.

Katy Bowers (Family Services ’11) and Sara Jake Ernst (MIS ’10), Jamie Aulwes (General Ben Ness (Finance ’10), Matt Bednarz (Finance Orr (Management ’01) work for Woodruff Studies ’98) and Jerad Welter (Public ’07), Anna Barnes (Accounting ’11) and Erin Connell 34 Companies. Administration ’09) work for HyVee. (Chemistry Marketing ’10) work for HNI Corporation. Donald Peters Roger Van Zee Dan Callahan Marcus Pitts ’52 , of San Diego, is ’69 , of Cedar Rapids, ’93 , of Marion, Iowa, ’03 , of Urbandale, retired and has shot four holes in one. Iowa, is a corporate real estate is president of the Cedar Rapids Iowa, was promoted to senior vice Kenneth Heflin professional with Alliant Energy Budget Car & Truck Rental. president at NAI Ruhl & Ruhl ’54 and Nancy Corporation. Jennifer (Moon) Tjaden Commercial and was named to the (Mortensen) Heflin (2-yr Cert. ’55), ’95 and Matthew Coulter board of directors for the Des Moines of Glendale, Calif., met at Iowa ’82 , of West Des Brett Tjaden (Criminology ’96), and Quad Cities offices. In 2010 and State Teachers College and recently Moines, Iowa, has been promoted of Cedar Falls, Iowa, are the new 2011 he was the top producer at NAI celebrated 57 years of marriage. to bureau chief of Iowa Vocational owners of Iowa Distributing Co., Inc. Ruhl & Ruhl Commercial. Marcus Kenneth Heflin retired in 1997 from Rehabilitation Services and also is the Tony Briggs ’96 , of Pella, Iowa, is also re-opened Benchwarmers Sports the United Methodist ministry after chief financial officer. director of underground solutions at Bar in Ankeny, Iowa. 42 years of service. Steven Fink ’82 , of Columbia, S.C., Vermeer Manufacturing and serves Carissa Gappa Carol Kruse ’04 , of Omaha, ’61 , of Shell Rock, Iowa, was promoted to assistant athletic on the UNIBusiness Department of Neb., is a business analyst for Telvent retired from teaching. director/media relations at the Marketing Advisory Council. DTN. Monte McCunniff University of South Carolina. Anne (Lies) Britson ’61 , of Cedar ’96 , of Hudson, Steven Hanson Michael Ammann ’04 , of Monona, Falls, Iowa, celebrated his 50th ’83 , of Urbandale, Iowa, is a strategic research specialist Iowa, is a marketing and business year of operating his own State Iowa, is director of sales for for Veridian Credit Union. development manager for Northwest Farm Insurance agency in Cedar ElDorado National – California Thor Chris Schrage ’96 , of Parkersburg, Iowa Telephone Company in La Falls. Monte is married to Sonia Industries Commercial Business Iowa, is an instructor of marketing Crosse, Wis. (Strobridge) McCunniff (Physical Division. and the global opportunities Jason Henninger Education `60) and has three children Duke Dierks ’04 , of Chicago, ’83 , of Cedar Falls, coordinator for UNIBusiness. and three grandchildren. His son is a regional account manager for Brad McCunniff Iowa, qualified for Ozark National Scott Sernett (Marketing ’89) ’97 is a wealth Infinity Consulting Solutions. Life Insurance Company’s President’s helps run the agency. management adviser at Northwestern Beau Jorgensen Cabinet Convention in 2011 — the ’04 , of Waterloo, Bill Bonnstetter Mutual dba Sernett & Associates in ’64 (MA ’69) is 27th time. He was the third-highest Iowa, is in his eighth year as an agent Waterloo, Iowa. He lives in Cedar owner and chairman of the board individual producer in 2011 and is for Farm Bureau Financial Services. Falls, Iowa, and continues to assist at Target Training International Ozark’s all-time highest producer. Joshua Nuss Epsilon Theta, the University of ’04 , of West Des Performance Systems, Ltd. He lives Russ Minick ’83 , of Milwaukee, Northern Iowa’s Pi Sigma Epsilon Moines, Iowa, was the executive in Scottsdale, Ariz. joined Generac in August 2011 as Chapter. director of MDA of Eastern Iowa Robert Eilenfeldt ’66 , of Euless, executive vice president of residential Marc Reifenrath and was selected as the regional ’01 , of Parkersburg, Texas, retired after nearly 40 years products. visionary for MDA’s “Fill the Boot” Iowa, is a partner at Spinutech in in the mattress industry. He now Terry York program in 2011. He is now director ’87 , of York, Neb., Cedar Falls, Iowa. He is a frequent devotes his time to supporting a trade of philanthropy at WesleyLife in received an MBA from Kaplan guest speaker to UNIBusiness school in Honduras to help educate Johnston, Iowa. University in April 2011 and Department of Marketing classes as youth in that country. Steven Ertl was promoted within Novartis well as the Professional Readiness ’05 , of Fort Collins, Paul Fitzgerald ’67 is vice president Pharmaceutical to TOBI account Program training sessions. Colo., is an experienced medical of Titonka Savings Bank in Forest manager for South Dakota, Nebraska, Steve Bruere device sales representative for ’03 is president of City, Iowa. Kansas and Missouri. Medtronic Spine & Biologics. Peoples Co., which The Land Report Colleen Cahill Holmes David LeCompte Cory Henke ’68 , of Cedar ’90 is president and magazine has included in its list ’05 , of Cedar Rapids, Rapids, Iowa, is a master trainer for CEO of Short’s Travel Management. of the country’s 30 top real estate Iowa, is a territory sales manager for 8 to Great: The Powerful Process for He has expanded from his Waterloo, auction houses. Peoples was ranked Coloplast. Positive Change. Iowa, office to his current residence in No. 21, based on sales volume of Kayleen (Popp) Homewood ’05 , Steven Findley Whitefish, Mont. $14.1 million. ’68 retired after of Cedar Falls, Iowa, is a product Michael Lockert Robin Fairchild 44 years of teaching at Western ’90 , of Bessemer, ’03 , of Minneapolis, specialist at Viking Pump, Inc., and Dubuque High School. He lives in Ala., is director of sales for is a marketing operations senior is working on her MBA degree at the Waverly, Iowa. Automatic Data Processing, Inc. analyst at Dell. University of Northern Iowa. James Lentzkow (ADP). His team covers Arkansas, Sarah Julius Joshua Whalen ’68 , a retired ’03 , of Minneapolis, is ’05 , of Louisiana, Mississippi, Alabama lieutenant colonel with the U.S. Air executive recruiter for Julius & Co., Colorado Springs, Colo., is a and the panhandle of Florida. He Force, is teaching beginning fighter LLC. sales representative for Stryker has garnered President’s Club and pilots, academics and trainers on Jennifer (Dusanek) King Instruments in Denver. Pacesetter honors along with the ’03 , of contract. He resides in Glendale, Valerie (Noll) Huss Pewter Award from ADP. Windsor Heights, Iowa, is senior ’06 , of Palatine, Ariz. Jim Reidy informatics analyst with Pioneer Hi Ill., was promoted to category Jerald “Jerry” Jensen ’92 , of Cedar Falls, Iowa, ’69 retired Bred International in Johnston, Iowa. development manager for The Hershey is a software technical trainer for from US Bank in Des Moines, Iowa, Company in 2009. CBE Group. on June 30, 2012.

Sandy Vaske (Accounting ’04) and Kara Chris Yuska (Accounting ’01) and Ross Jessica Grandgenett (Management ’11), Amanda Kunkel Mach (Accounting ’07) work for Eide Kretschmar (Accounting & Finance ’03) work for Schneider (Management ’05) and Jonathan West Bailly. Ernst & Young. (General Studies ’08) work for Target. 35 Class Notes

Siska (Flaurensia) The Curt VanOrder Trisha (Vandenberg) Becker ’06 , of ’08 , of Hiawatha, ’10 , Marriages Iowa, is an account manager with Carlsbad, Calif., started her own of Cedar Rapids, Iowa, is a program April (Schenk) McDanel digital design and marketing business Aerotek Professional Services in assistant in the continuing education ’00 called Squeeze of Lime Studio, based Cedar Rapids, Iowa. office at the University of Northern married Thomas McDanel on Aug. in San Diego. Jacob Brunscheon Iowa. 6, 2011. ’09 , of Charles Ross Reed Laura Bohlke Cory Henke ’06 , of Kansas City, Mo., City, Iowa, is internal operations ’10 , of Ames, Iowa, is ’05 married Sarah is manager of sales with Percep- manager for Verizon Wireless a leadership development associate at (Shonka) Henke (Public Relations tive Software. He also serves on the Premium Retailer & Shock City Garner Printing in Des Moines, Iowa. ’07) on Feb. 4, 2012. University of Northern Iowa Alumni Cellular in Waterloo, Iowa. Collin Forst Katie (Noonan) Hillyer ’10 , of Cedar Rapids, ’09 married Association Board of Directors. Stacy Lorenz Luke Hillyer ’09 , of Ankeny, Iowa, Iowa, is a risk management consultant (Marketing ’10) on May Lindsey (Myott) Adams ’07 , of is a client development coordinator with Holmes Murphy & Associates. 19, 2012. Wichita, Kan., was named director of with BNIM Architects in Kansas Luke Hillyer Trisha (Vandenberg) Becker ’10 , of Cedar Falls, ’10 external affairs at Midland University City, Mo. Iowa, is an account executive with married Andy Becker (Construction in April 2011. Michael McAnally ’09 , of Ricoh/IKON Office Solutions. Management ’10) on June 4, 2011. Matthew Bernard ’07 , of Omaha, Beaverton, Ore., is an advertising Drew Kahler Births ’10 is manager/ Neb., is an account executive at specialist for Resolution Media. business representative/external Ryan Harris Techniserve. He also is co-author with Mike ’04 and Liz (Bomgaars) affairs at K Rizon Shock City Tara King Klassen, University of Northern Harris (Communication Studies ’04), ’07 , of Overland Park, Cellular in Waterloo, Iowa, and Iowa professor of marketing, of the daughter Nora Vivolyn born June 2, Kan., works for Allstate Benefits and owner of Millennial Marketing and book Ad’Mat: Using the 25 Classic 2011. They live in Dekalb, Ill. has been promoted to regional sales Management. He lives in Cedar Advertising Formats. Beau Jorgensen manager for the state of Kansas. Falls, Iowa. ’04 and Ashley Alexandria (Edelman) Merk Jeremy Musil ’09 , Justin Noethe (Henrichs) Jorgensen (English ’07, ’07 , of Ankeny, Iowa, ’10 , of Indianola, of Fort Madison, Iowa, is a project MA ’10), son Cruz born Oct. 1, is a service sales representative for Iowa, is a sales representative with coordinator at Signify Apparel & 2011. They live in Waterloo, Iowa. KONE Elevator. Goetze Dental in Des Moines, Iowa. Merchandise. Kelly (Kaiser) Schipper Dustin O’Leary Emily Prinsen ’05 and ’07 , of Scottsdale, John Ruth ’10 , of Kansas City, ’09 , of Hills, Iowa, Keenan Schipper, daughter Ellison Ariz., is a marketing campaign spe- Mo., is associate account manager for was promoted to outside sales Clara born March 27, 2012. They live cialist for Direct Alliance in Phoenix. Lockton Companies. representative at Bearing Distributors in Papillion, Neb. Aubrey Seltrecht Garrett Wirtz ’07 , of Urbandale, Inc. in Cedar Rapids, Iowa. ’10 , of Des Moines, Kendle McChurch ’11 and Kassie Iowa, is a business development man- Jared Schmit Iowa, is a marketing representative ’09 , of Jesup, Iowa, (Nelson) McChurch (Social Work ager for Modis in Des Moines, Iowa. for Federated Insurance. was recently promoted to mortgage ’11), of Clinton, Iowa, welcomed Troy Vogel Megan Horn ’07 , of Des Moines, Iowa, loan officer for Farmers State ’11 , of Hudson, Iowa, their first child this year. is a development officer for Iowa Bank, covering the bank branches is social media strategist/junior Deaths Public Radio. in the Iowa communities of Jesup, copywriter with ME&V Advertising Danielle Dilger Gilbertville, Dunkerton and & Consulting in Cedar Falls, Iowa. Gordon Patterson ’08 , of Reinbeck, ’40 died July 8, Raymond. Kendle McChurch Iowa, is a territory sales representative ’11 is a new 2012, in Wahpeton, N.D. Blaire Thorson Ivan Maurer with Forest Pharmaceuticals in St. ’09 is a product equipment sales rep for Otis Elevator ’41 died Sept. 17, 2011, Louis. specialist and marketing specialist Co. McChurch’s territory includes in Chapel Hill, N.C. Elizabeth Hackbarth for HyVee in Cedar Rapids, Iowa. North Dakota, South Dakota and ’08 , of Mary (Ruppel) Feltenstein Courtney Althoff western Minnesota. ’42 died Minneapolis, works in community ’10 is the search Oct. 17, 2011. engine marketing specialist for Gabe Perkins relations for the American Cancer ’11 , of Jefferson, Rosa (Lamansky) Bissell Society. Cuneo Advertising in Bloomington, Iowa, is a sales consultant developing ’53 died April 12, 2008, in Cincinnati. Michael Kasperbauer Minn., and heads all Google new business for Per Mar Security ’08 , AdWords campaigns for the Services. Richard Lieb of Carroll, Iowa, is owner of ’56 died April 26, company. Althoff lives in South St. Kristine Reeves Kasperbauer Cleaners, Inc. ’11 , of West Des 2012, in Monee, Ill. Paul, Minn. Chad Stubbs Moines, Iowa, is the marketing ’08 , of Fort Collins, development manager with the Colo., is marketing director/business Greater Des Moines Convention & manager for Space Dog Books, Inc. Visitors Bureau.

Carson Forst (Marketing ’12), Cris Houlihan Noele Pritchard Dan Otto (MIS ’11) Gary Wilgenbusch (Accounting ’08, MAcc ’10), (Marketing) and Mark Roling (Management (Accounting ’08) works for works for Kingland Kelly Kimmich (Marketing ’07) and Cori Power 36 ’03) work for Cottingham & Butler. Roth & Company. Systems. (Psychology ’05) work for Bergan Paulsen. Executive Advisory Board

David Tim Mary Petratis Throndson Mehrtens-West

UNIBusiness welcomes new Executive Advisory Board members The UNIBusiness Executive Advisory Board invited three new members to join its ranks in fall 2012. Welcome to David Petratis (Management ’81), Tim Throndson (Accounting ’83) and Mary Mehrtens-West (Marketing ’81).

The UNIBusiness Executive Advisory Board

Robert Bradford The Dean’s Executive , managing director, Bradford Associates Advisory Board directly Randall Bray , principal, three-sixty group LLC links UNIBusiness to the Ted Breidenbach business community. This , global director (retired), Deere & Company Ag & Turf Division Lisa Dreyer group of accomplished , senior vice president, regional private banking manager, Wells Fargo Bank Joseph Dunsmore executives provides advice , president & CEO, Digi International on academic programs, Greg Engel faculty and student , partner, KPMG Cynthia Goro development, outreach, , principal, Business Legacy LLC Jeff Hamilton strategic positioning , president & CEO, ESP International and other issues of Scott Hauser interest. Collectively , director, McGladrey & Pullen LLP Jill Hemphill and individually the , corporate tax, General Electric Matt Kinley members serve to , CFO, Equity Dynamics Inc. strengthen the College’s Dan Leese , president & CEO, V2 Wine Group reputation, improve its Kent Miller visibility, promote its , global strategic director, Quality Ag & Turf Division, Deere & Company Gaylen Miller interests and help develop , CEO (retired), Ag Services of America its relationships with Dave Petratis , chairman & CEO, Quanex Building Products important constituents. Randy Ramlo , president & CEO, United Fire Group Richard Rue , senior vice president & CFO, ITAGroup Inc. John K. Sorensen , president & CEO, Iowa Bankers Association Kevin Steere , financial executive (retired) Tim Throndson , partner, PricewaterhouseCoopers Jean Trainor , CEO, Veridian Credit Union Mary Mehrtens-West , president, Roy West Companies

Boards that focus on accounting, finance, marketing and real estate also serve UNIBusiness. UNI’s Business & Community Services Division has leadership boards that serve the UNI Institute for Decision Making, UNI John Pappajohn Entrepreneurial Center, the National Ag-Based Industrial Lubricants and the Iowa Waste Reduction Center. Learn more about the executive and departmental boards at business.uni.edu/advisoryboards. Non-Profit Organization U.S. Postage PAID College of Business Administration UNI University of Northern Iowa Cedar Falls, IA 50614-0123

A Successful Student Does More Than Attend Class.

When a student wants to study abroad to learn more about international businesses and customs, wants to take classes to earn professional certification before graduation, wants to take an unpaid internship that will apply business knowledge to help the community, we want to help.

Your contributions to the Dean’s Fund for Excellence can purchase airline tickets, buy CFA seminar books, fund a scholarship and much more.

To contribute, contact Michelle Rourke at 1-800-782-9522, 319-273-4444, Amy Lichty (Marketing ’12) sits atop Table Mountain overlooking Capetown, South [email protected] or visit Africa. Lichty was among the 14 UNIBusiness students who spent two weeks in business.uni.edu/deansfund. South Africa for an Organizational Management course (story on page 17).