Assets Cover Spring CN 5/3/07 6:51 AM Page 1

1510 Assets Cover spring CN 5/3/07 6:51 AM Page 1

Periodicals Postage A S E T PAID Los Angeles, CA

UCLA Anderson School of Management Mullin Management Commons, F301 110 Westwood Plaza, Box 951481 Los Angeles, CA 90095-1481 www.alumni.anderson.ucla.edu

ANDERSON ALUMNI . . . Keeping You Connected SSETS ASpring 2007

Save The Date

www.alumni.anderson.ucla.edu S P R I N G 2 0 7 Opportunity Knocks: Friday-Saturday October 12-13, 2007 Behind the Boardroom Door

1957 1967 1977 1982 1987 1992 1997 2002 1510 Assets Cover spring CN 5/3/07 6:51 AM Page 2 “

CALENDAR Prospective directors need confidence... Spring May August in the integrity of management and its commit- 2007 Entrepreneurs Conference Lesbian, Gay, Bisexual and UCLA-NUS Executive MBA ment to a trusting, respectful relationship; a toler- Date: May 18, 2007, 8 a.m.– 4:30 p.m. Transgender Leadership Institute Residential Session Location: UCLA Anderson School of Date: June 11-15, 2007 Date: Aug. 12 - Aug. 26, 2007 ance for asking and answering tough questions; Management Location: UCLA Anderson School of Location: UCLA Anderson, Collins Executive and an openness in the shared obligation to pro- Cost: See web site for details Management Education Center “ Contact: Stanley Stuka Cost: $5,250 Contact: Dina Lee duce longterm value for stakeholders. UCLA E-Mail: [email protected] Contact: Office of Executive Education Programs E-mail: [email protected] Web site: www.anderson.ucla.edu/eac E-mail: [email protected] Phone: (310) 206-0399 Anderson’s Director Training & Certification Phone: (310) 825-2001 Program (DTP) advances the field of corporate Getting to the Top in Business Web site: www.execed.anderson.ucla.edu UCLA-NUS Executive MBA Development and Sales Graduation governance and provides perspective on a direc- Date: May 22, 2007, 6 p.m.–9 p.m. Global Entertainment Executive Date: Aug. 25, 2007, 6 p.m. Location: Stanford University Graduate School Program Location: UCLA Anderson School tor’s strategic role in the oversight of management. of Business, Bishop Auditorium Date: June 18-22, 2007 of Management Cost: $25 in advance; $35 at the door Location: UCLA Anderson School of Contact: Dina Lee — Professor Al Osborne Contact: Kathryn Ullrich (’92) Management E-mail: [email protected] Senior Associate Dean and Faculty Director, E-mail: [email protected] Cost: $6,250 Phone: (310) 206-0399 Director Training & Certification Program Phone: (650) 458-8775 Contact: Office of Executive Education Programs Knapp Venture Competition E-mail: [email protected] Date: May 24, 2007, 5 p.m.–10 p.m. Phone: (310) 825-2001 September Location: UCLA Anderson, Korn Convocation Hall Web site: www.execed.anderson.ucla.edu Executive Program Cost: Free to the public, parking in Lot 4 for $8 Date: Sept. 16, 2007 - April 8, 2008 Contact: Angela Klein June 2007 Economic Forecast Location: UCLA Anderson School E-mail: [email protected] Date: June 19, 2007, 7 a.m.–Noon of Management Phone: (310) 825-5662 Location: UCLA, Ackerman Grand Ballroom Cost: $15,595 Web site: www.uclamba.com/knapp Cost: $350 ($250 with code andalum0607) Contact: Office of Executive Education Contact: Lori-Ann Harper Programs Getting to the Top in Business E-mail: [email protected] E-mail: [email protected] Development and Sales Phone: (310) 206-8642 Phone: (310) 825-2001 Date: May 31, 2007, 6 p.m.–9 p.m. Web site: www.uclaforecast.com Web site: www.execed.anderson.ucla.edu Location: UCLA Anderson, Korn Convocation Hall Cost: $25 in advance; $35 at the door Medical Marketing Program Contact: Kathryn Ullrich (’92) Date: Sept. 17-21, 2007 E-mail: [email protected] July Location: UCLA Anderson School Phone: (650) 458-8775 Alumni Dinner at Panda of Management Restaurant Group: Come Meet Cost: $5,650 Co-Chair Peggy Cherng, Panda Contact: Office of Executive Education Restaurant Group Programs June Date: July 11, 2007 E-mail: [email protected] 2005 and 2006 Alumni Location: Panda Corporate Headquarters, 1683 Phone: (310) 825-2001 Gathering: Meet Dean Judy Olian Walnut Grove Avenue, Rosemead 91770 Web site: www.execed.anderson.ucla.edu Date: June 1, 2007, 6 p.m.–9 p.m. Cost: No charge for alumni and guests Location: Barney’s Beanery, 8447 Santa Contact: Jill Hisey Mergers and Acquisitions Monica Blvd, West Hollywood Phone: (310) 206-3646 Program Cost: $10 per person (includes two drink RSVP: www.alumni.anderson.ucla.edu Date: Sept. 24-28, 2007 tickets and food). Significant others welcome. Location: UCLA Anderson School Contact: Jill Hisey of Management Phone: (310) 206-3646 Cost: $6,250 20 RSVP: www.alumni.anderson.ucla.edu/barneys2 Contact: Office of Executive Education Programs E-mail: [email protected] Phone: (310) 825-2001 07 Web site: www.execed.anderson.ucla.edu 1510 assets spring CN 5/3/07 3:22 PM Page 1

Assets Spring 2007

Inside

2 Perspectives

4 News Briefs

International Exchange 6 Greater China Business Conference

Career Management 8 Ask the Alumni Career Strategist 10 The First 90 Days

Features 12 Q&Anderson: Caroline Nahas, Korn/Ferry 16 Opportunity Knocks: Behind the Boardroom Door

Faculty

24 Nine Scholars Join UCLA Anderson 28 Faculty Research & Development

Giving Back 30 Ensuring Academic Excellence – Prof. J. Fred Weston 32 KPMG Establishes New Position 33 Remembering Friends Anderson Assets (ISSN 1535-2870) is published quarterly by UCLA Anderson School of Management, 110 Westwood Plaza, Mullin Management Commons, Suite F301, Box 951481, Alumni Connections Los Angeles, CA 90095-1481. Periodicals postage paid at Los Angeles, California. 34 Getting to the Top: Consulting 38 A Passage to India Anderson Assets welcomes input from all alumni 42 Anderson Student Guides Freedom Writers and the UCLA Anderson community for letters to the editor, articles or ideas on themes. 46 Class Notes Please e-mail contributions to: [email protected].

Postmaster: Send address changes to Perspectives II Anderson Assets, UCLA Anderson School of Management, 72 110 Westwood Plaza, Mullin Management Commons, Suite F301, Box 951481, Los Angeles, CA 90095-1481. 73 Calendar 1510 assets spring CN 5/3/07 3:22 PM Page 2

Managing Editor Deborah Holdship FROM THE DESK OF THE EXECUTIVE Assistant Editor Paul Feinberg Director Contributing Editor Mary Ann Lowe Senior Writers The Key to Personal Excellence Paul Feinberg, Mary Ann Lowe Contributing Writers Dear Fellow Alumni, Tracy Mlakar, Kathryn Ullrich (’92) Editorial Assistants "The will to win, the desire to succeed, the urge to reach your full potential...these are Abigail Faelnar, Rahul Nihalani, Allison Shoemaker Editorial Board the keys that will unlock the door to personal excellence." These words from Confucius, Professor Don Morrison; Susan Corley, expressed nearly 2,500 years ago, still inspire greatness today. In Academic Planning Design this spirit, UCLA Anderson plays a vital role in leading manage- Smart Art and Design, Inc. ment thinking and preparing global leaders. As UCLA Anderson alumni, we share an ethos to improve not DEAN Judy D. Olian only ourselves, but also the organizations in which we work and Chairman and Senior Associate Dean the societies in which we live. This edition of Assets highlights Antonio Bernardo ways to achieve personal, corporate and social excellence. Senior Associate Deans External Affairs “The First 90 Days on the Job” (page 10) provides strategies Al Osborne for success in any new job or position. This piece chronicles the MBA Program David Lewin new employee’s perspective; our next issue will present the employer’s point of view. “Getting to the Top” (page 34) offers insights into the ASSOCIATE DEANS consulting industry. The article covers one in a series of “Getting to the Top” events Doctoral Program Burt Swanson presented by Anderson alumna and executive recruiter Kathy Ullrich (’92). Topics Finance & Operations have covered marketing, business development and CEO positions. Check the Anderson Hilu Bloch (’84) web site for details. Career Initiatives Eric Mokover (’80) “Opportunity Knocks” (page 16) describes trends in corporate governance and ways MBA Program in which alumni can expand their contributions at the highest levels of an organization. Charles Corbett It also reveals some of the challenges directors have faced in recent years and how the Executive MBA Program & Fully Employed MBA Program school is uniquely poised to help board members navigate those challenges. Victor Tabbush Finally, “A Passage to India” (page 38) spotlights a group of female classmates who Marketing and Communications Richard Rodner reunited 10 years after graduation to address poverty through microfinance. These individuals demonstrate that the knowledge and the network gained through UCLA ASSISTANT DEANS Anderson have far-reaching potential for the greater good. Development Marcia Shackelford I hope that each of us will make the most of our connections to the school – and to each other – to take another step on the journey to personal excellence. OFFICE OF ALUMNI RELATIONS Executive Director Bob Pettit (’89) Best regards, Special Projects Jill Hisey (’95) Phone: 310-825-9448, 800-333-ALUM Fax: 310-206-9830 Bob Pettit (’89) E-mail: [email protected] Executive Director, Office of Alumni Relations Web page: [email protected] www.alumni.anderson.ucla.edu

2 Spring 2007 1510 assets spring CN 5/4/07 11:24 AM Page 3

A MESSAGE FROM THEDean

A Look at Corporate Governance

Dear Friends,

In this issue we explore corporate governance. Boards today are exercising their duties with renewed vigor, knowledge, heightened awareness of regulatory obligations, and greater attention to shareholder accountability. Whether attributable to Sarbanes-Oxley, NYSE or NASDAQ requirements, a recent McKinsey Quarterly survey reveals that a significant majority of board members report more active engagement in core areas of company performance. Today’s directors also report more knowledge of their companies' strategies, financial position and risks. It doesn’t end there. Directors also have expanded their scope of involvement, from executive compensation, corporate restructuring and management succession, to global strategy, risk management, and mergers and acquisitions. The skill requirements for board members approach those of top operating executives. For the narrow pool of candidates who meet the high bar of director requirements, there are increasing opportunities to serve. In this issue of Assets, we describe best practices in preparing for board service. Finding and attracting executives who are qualified and willing to assume these responsibilities is a complex process. Who better to describe the art and science of director searches than UCLA Anderson Board of Visitors Member Caroline Nahas, managing director of the Southern California offices of Korn/Ferry International? She often lectures as part of UCLA Anderson’s ISS-accredited Director Training & Certification Program. Here, Nahas shares her insights on the desired credentials and qualities of candidates for board vacancies. Many of the suggested corporate strategies for recruiting new board members apply to employer approaches to hiring our graduates. Consistent with the strategic plan, we are expanding the services offered to our alumni to include professional workshops and advice at later career stages. At UCLA Anderson, applications across all programs are setting new records. As part of our recruitment efforts, I’ve certainly enjoyed the opportunity to travel across the country to meet alumni and prospective students. Our strategy to expand the global footprint of UCLA Anderson is bearing fruit as we incorporate into our programs learning opportunities at premier institutions around the world. Whether delivering programs on effective board governance, or educating graduates for careers in a changing global landscape, these are elements of our vision to lead management thinking and prepare global leaders. We’re excited about the building momentum and hope you’ll join us in one of the many opportunities to connect, learn and stimulate.

Warmest wishes,

Judy D. Olian Dean and John E. Anderson Chair in Management

3 1510 assets spring CN 5/3/07 6:49 AM Page 4

NEWSBriefs On Campus

■ UCLA Anderson moved up North American salaries both nationally and interna- today; and eighth in top tionally in the Financial consulting salaries. Times’ ninth annual survey ■ UCLA Anderson Dean Judy of full-time MBA programs D. Olian has released her strate- 10 th published in January. The gic plan for the school through Anderson survey ranks the top 100 the year 2010. The complete text ranked 10th in domestic and interna- is available online at www.ander- the United tional MBA programs. son.ucla.edu/x16498.xml. States. Anderson ranked 10th in the United States, ■ The Riordan Programs recently up three spots from last year and hosted its 16th Annual Stock Market up seven spots since 2005. Internationally, Competition. Sponsored by BMW of Anderson ranked 17th, up two spots from North America, LLC, the competition provides last year and up nine places since 2005. first-generation high school students an The global FT ranking also placed UCLA opportunity to research public companies and Anderson second in entrepreneurship; fifth in present recommendations on purchasing or finance and banking salaries; seventh in selling securities.

Alumni Connections

■ The Bay Area CFO of the Year Awards Selection Panel recently bestowed its 2007 Lifetime Achievement UCLA Anderson moved Award on UCLA Anderson alumnus Jeff Henley (’67), chairman of Oracle Corporation. up both nationally and

■ Tobias (Toby) Moskowitz (Ph.D. ’98) recently internationally in the received the 2007 Fischer Black Prize from the Jeff Henley (’67) Financial Times’ ninth American Finance Association honoring the top finance scholar under age 40. (See story, page 59.) annual survey of

■ Steve Hixson (’02), Timothy J. Frei (’01) and Brian Chappel (’91) recently full-time MBA programs were named vice presidents at Northrop Grumman Corp. Based at the compa- ‘‘ published in January. ny's Space Technology sector, the Anderson alumni will lead the Advanced Concepts organization; the Intelligence, Surveillance and Reconnaissance (ISR) Business Development organization; and the Contracts, Pricing and Programs Business Management organization, respectively. (See story, page 63.)

4 Spring 2007 1510 assets spring CN 5/3/07 6:49 AM Page 5

Faculty

■ Stuart A. Gabriel recently was named the Arden Realty Chair and Professor of Finance, and Director of the Richard S. Ziman Center for Real Estate at UCLA. Gabriel, who was the Lusk Chair at the University of Southern California and directed their Lusk Center for Real Estate, will begin his new role at UCLA Anderson on June 1.

■ William "Bill" Pierskalla, distinguished professor emeritus and dean emeritus of UCLA Anderson, has been elected to the National Academy of Engineering. Pierskalla was one of 64 new members elected, along with nine foreign associates. He is one Los Angeles Mayor Antonio Villaraigosa of only 2,217 members.

Centers of Influence ■ John de Figueiredo has been promoted to Associate Professor Step I, with tenure. Professor UCLA Anderson Forecast de Figueiredo’s primary fields of research are law and economics and non-market strategy. His The UCLA Anderson Forecast presented research examines how firms use political influ- its Spring 2007 Economic Outlook in April. ence, regulatory lobbying, strategic litigation “Solutions for Our City” created an and other “non-market” strategies to enhance informed, provocative and influential conver- competitive performance. His current work in the sation about the future of Los Angeles that field has examined corporate legislative and regu- focused on specific ways to make the city a latory lobbying behavior in telecommunications, better place in 20 years. Keynote speaker health care and other high technology industries. Mayor Antonio Villaraigosa framed the agenda for the outlook’s major themes: ■ Shlomo Benartzi has been promoted to education, wages, the middle class and Professor, Step I. Benartzi is a leading authority poverty. Speakers also addressed transporta- on behavioral finance with a special interest in tion, zoning, affordable housing and growth. consumer finance and participant behavior in defined contribution plans. He is co-founder of Center for Finance & the Behavioral Finance Forum (www.behavioral- Investments (CFI) financeforum.com), an international consortium united to help consumers make better financial UCLA Anderson’s CFI held its East decisions by fostering collaborative research Coast ROI event in New York on March 12. efforts between leading academics and practition- Featured speakers included Larry Fink (’76), ers. Benartzi also is co-chair of the Behavioral chairman/CEO of BlackRock Inc., and Decision-Making Group at UCLA Anderson. Stephen Schwarzman, co-founder/CEO, Blackstone. ■ William G. Ouchi, holder of the Sanford and On May 4, the CFI and the Richard S. Betty Sigoloff Chair in Corporate Renewal, has been Ziman Center for Real Estate together hosted raised to the special rank of Above Scale, which the first Alternative Assets Conference at the carries with it the title of Distinguished Professor. UCLA Anderson complex. Nobel Laureate Myron Scholes was the keynote speaker. www.anderson.ucla.edu 5 1510 assets spring CN 5/3/07 6:49 AM Page 6

Greater China Business Conference Draws Economic Leaders to UCLA Anderson

INTERNATIONAL ntrepreneurial spirit converged with Pacific ship between China and the United States.” EXCHANGE vision at the Wilbur K. Woo Greater China Kuhn discussed the gap in perceptions between Business Conference in February. Global how the U.S. and China conduct business and the E business leaders gathered at UCLA importance of knowing the playing field and Anderson to discuss the opportunities and chal- developing strategy accordingly, particularly in lenges facing one of the largest markets in the light of the fact that China is poised to become the world. world’s largest economy by the year 2039. “China is a large country and an even larger Technology, sports and real estate were just subject,” said Robert Lawrence Kuhn in the con- some of the timely topics that drew more than ference’s kickoff keynote. Kuhn is senior adviser to 200 attendees to the two-day event. Yibing Wu, Citigroup China and a senior partner with leading chief transformation officer at Lenovo, described sports, media and entertainment company IMG, the growth of the Chinese computer giant and its China. He opened the conference by saying, “I merger with IBM, the iconic American technology believe, and I say this to the leaders of China, company. He emphatically drove home the idea America and the media, that the peace and pros- that post-merger, Lenovo’s goal was to be “the perity of the 21st century will be largely deter- global corporation of the next century.” mined by: (1) the future of China and (2) perhaps Meanwhile, a panel of sports industry experts, more importantly, the specific bilateral relation- including Mitch Kupchak (’87), GM of the Los

6 Spring 2007 1510 assets spring CN 5/3/07 6:49 AM Page 7

With the Olympics, Beijing has the opportunity to build something that will last and stimulate ‘‘further sports growth. Angeles Lakers, explored the NBA’s growing relationship to China and the projected impact of the Beijing Olympics in 2008. Research shows an esti- mated 300 million people in China play basketball. And with 1 billion viewers and some 17 marketing partners there, the NBA has done the best job of any sports property in reaching the Chinese Wilbur Woo (’42) and Dean Judy Olian. market. The 2008 Olympics will build on this foundation, according to panelist Chris Renner, president of sports marketing consultancy Helios China. “With the Olympics, Beijing has the opportunity to build something that will last and stimulate further sports growth,” he said. Building and growth are driving the Chinese real estate market today, with urbanization and the average citizen’s spending capacity on the rise. Qun Wang, vice chairman and CEO of Pearl River Investments, discussed his firm’s strategy to focus on suburbanization and planned communi- Laura Loh (’07) presents a gift to Yibing Wu of Lenovo. ties, with a target on big cities with strong economies. With assets totaling more than $2.4 billion, Pearl River Investments is among the top 10 developers in the nation. Real estate experts speaking at the conference noted the importance of trust in doing business in China, and that having a good partner is the key to success in this complex market. The Wilbur K. Woo Greater China Business Conference was made possible via an endowment

by alumnus Wilbur K. Woo (’42), vice chairman Panelists who contributed to the discussion on real estate emeritus of the board of Cathay General Bancorp. included (from left) Leland Sun, chairman/founder, Pan For more on the Wilbur K. Woo Greater Asian Mortgage Company; Anderson Lecturer Eric China Business Conference, please go to www. Sussman; Adam Lazar, managing partner, Silver Age International; and John Long (’69), founder/managing anderson.ucla.edu . partner, Highridge Partners.

www.anderson.ucla.edu 7 1510 assets spring CN 5/3/07 3:22 PM Page 8

CAREER MANAGEMENT

ASK THE “Frustrated” at Work

ALUMNI Two months ago, I revealed to my CAREER co-workers that I was unhappy at work and asked if they could STRATEGIST share any leads. Now they all treat me as if I’m already out the By Patricia Palleschi, Ph.D. door. And since none of the leads have panned out, I have to go sk the Alumni Career back to them for more ideas! Strategist” is a new column presented by the coaching — I’m, “Frustrated” “A staff at the Parker Career Management Center. It is have one word for you: career coach. Join one designed to advise UCLA Anderson discretion. You need to of UCLA Anderson’s MBAs on issues ranging from day-to- repair a few things quick- Experienced Alumni Career day work life to long-term career plan- I ly – because right now Teams – ExAct — which are ning and management. you are simply frustrating devoted to finding new posi- It is the Parker CMC’s hope that your colleagues and putting tions. Finally, manage your the business strategy, marketing and your paycheck at risk. expectations. Getting a job financial skills that come with the First and foremost: focus takes hard work, a time com- Anderson MBA can be maximized to on your current job and do it mitment and excellent strate- best position the school’s alumni well. Your boss and col- gy. But there are resources across industry, function and geo- leagues deserve your best. available to you, especially at graphic region. Services provided by Second, learn to ask for, UCLA Anderson. Use them the Parker CMC are accessible to all accept and assimilate feed- to transform frustration into alumni throughout their careers and it back from respected peers. success. is Anderson’s hope that alumni take Do this by joining a profes- For bios, details and more advantage of this valuable resource. sional organization or volun- information regarding the Assets is launching the “Strategist” teering at alumni chapter Parker CMC coaching staff column with two generic questions events. Plan activities and and services, please visit inspired by issues often presented to social outings with fellow http://alumni.anderson.ucla. Parker CMC coaches. We invite you MBAs; interface with former edu/career/CareerCoach.aspx to submit actual questions to Assets classmates, faculty and the or call (310) 825-3325. Managing Editor Deborah Holdship at Parker CMC staff. This one Submit your questions [email protected] step can be the key to chang- for the Career Strategist via for consideration. For more details ing your behavior and e-mail to deborah.hold- regarding the Parker CMC coaching reshaping your career. Third, [email protected]. staff, please visit http://alumni.ander- don’t assume your current son.ucla.edu/career/CareerCoach.aspx. colleagues possess an infinite source of leads. Develop a real plan, preferably with a

8 Spring 2007 1510 assets spring CN 5/3/07 6:49 AM Page 9

Getting a job takes hard work, a time commitment and excellent strategy. But there are resources available to you, especially at UCLA Anderson.

Another “Fine Job”

I received my MBA in 2002. By graduation, I had accepted an offer at a ‘‘ top-tier consulting firm. I’m comfortable in my position. I travel frequently. I put in a lot of hours. On some projects I manage the first-year staff. But lately, I seem to have no energy for this career. I feel as though every project is a duplicate of something I’ve done before. The managing partner says I’m doing well and replies, “We’ll see,” when I ask about my future. When anyone inquires as to how I’m doing at work, my standard response is just “fine.” I’d rather be saying, “really great.” Is this a signal that it’s time for me to change jobs? Or even careers?

— Sincerely, “Just Fine”

t is a mixed blessing to be of like-minded people who’ve again, you may opt to investi- “just fine” where you are, shared so many of the same gate alternative industries and and it is very easy to stay experiences? new firms to reinvigorate your I “just fine” until you retire. Start with the Parker CMC MBA. But if you decide to take the home page (http://www.ander- Remember: accepting that leap to “really great,” you must son.ucla.edu/x39.xml). Contact first job out of b-school is just first define your terms. When our career coaches, access “stage one” on a long career do you feel most satisfied with industry information and hone your work? Which projects do your strategy. Visit the UCLA you find most rewarding? Who Anderson alumni web site for are the people you seek out to information on events, chapter be on your teams? activities and other meetings on Equally important is an and off campus. This group of assessment of your life outside colleagues knows you well of work. Do you have a partner enough to offer relevant advice. or significant other? Do you Reconnecting with Anderson enjoy hobbies, sports or volun- alumni and Parker CMC staff teering in the community? Is can spark creative thinking, illu- the issue really “work” or is it minate new strategies and lead that the rest of your life has to unforeseen opportunities. been ignored?” When you have a clear view path. Transitioning into “stage As you begin to answer of what is going to make your two” can be a real joy as there these questions, reach out to life and work “really great,” are so many options available your UCLA Anderson commu- meet with your managing part- to you — once you decide that nity. Who better understands ner to document ways in which “just fine” is not one of them. your situation than a network your desires and talents can best intersect with your company’s most pressing needs. Then

www.anderson.ucla.edu 9 1510 assets spring CN 5/3/07 6:49 AM Page 10

CAREERManagement

“The new executive needs to walk a fine line,” warns behavioral expert Judith Blanton, The First 90 Ph.D., of RHR International (www.rhrinter- national.com). “Too often executives are in a rush to prove themselves and to seek Days on the Job approval. They wind up fighting the wrong battle, losing that battle and ultimately losing Strategies for Success the war — before they’ve even started.” Research shows it can take up to 18 months for an executive to truly add value to he first 90 days in any new job or posi- an organization. Thus, Blanton advocates tion are critical. Impressions are forged, patience at the onset of a new job, and urges relationships are created and roles are executives to carefully listen, observe and T defined. But as any professional knows, assess the organizational strategy and direc- integration into a new organization can be tion of the company before embarking on any tenuous at best. radical moves. It is imperative for the execu- While forging impressions, creating relative to clarify roles and resolve differing tionships and defining roles, common mistakes often are made that can wreak havoc on one’s experience long after the first 90 days have passed.

10 Spring 2007 1510 assets spring CN 5/3/07 6:49 AM Page 11

Building a network among colleagues who can mentor you through the first 90 days on the job will lay the groundwork for victory later.

expectations with superiors at this early stage. to change is helpful at this juncture. Next, Blanton suggests suppressing the urge When it is time to act, Blanton again for an “early‘ win”‘ until one has established advises caution. “Go for the low-hanging credibility by forming strategic relationships fruit at first,” she says. “Don’t revamp the with key stakeholders at the firm: the boss, a whole IT system, but think about how you trusted co-worker, even a human resources per- can improve the help desk, for example. Get son. Building a network of support among col- buy-in before making the change and fix leagues who can mentor one through the inte- something that is visible and relatively simple. gration process lays the groundwork for victo- Show that you can be effective when you do ry later, she says. take on the big projects.” “One client complained to me that his In our next issue: The first 90 days from boss did not let him do any work for a the employer’s perspective. month, and instead made him travel around — Deborah Holdship and meet people,” Blanton notes. “He was so frustrated, because he really want- Strategies for Success ed to ‘get started.’ Role Ultimately he found that • Check and clarify expectations against those building those early rela- of the organization. tionships was critical, and • Be ready to adjust expectations – quickly. once he did ‘get started,’ • Understand what success looks like. key stakeholders were in • Look for a quick win. place for him to get the • Get buy-in before making a change. job done.” The first 90 days also is Relationships the time to learn the • Have multiple meetings before taking the job to ensure compatibility. unwritten rules of the • Reach out; go wide and deep. organization, to understand • Find people who can introduce you to a network and forge relationships with the decision-making and key stakeholders. political environment, and • Listen. Observe. Ask questions. to adapt to the new culture • Seek feedback. without being co-opted by Culture it. Blanton says an aware- • Be aware of your own values and style. ness of one’s own values • Observe and translate what you see and hear into what it actually means. and style is necessary for • Find advisors and use them liberally. success – and an openness • Understand what behaviors are not acceptable. • Be open to change.

www.anderson.ucla.edu 11 1510 assets spring CN 5/3/07 6:49 AM Page 12

Q & Anderson

Caroline Nahas, Korn/Ferry Recruiting Directors: International A View from the Top By Paul Feinberg

aroline Nahas is manag- She serves on the board of Anderson Assets. The following director of the directors of International ing Q&A explores new chal- Southern California House of Pancakes (IHOP), lenges in board recruitment C offices of Korn/Ferry a publicly-traded corpora- and emerging issues facing International, a leading exec- tion, and Whittier board members. utive recruitment firm con- Holdings. In addition, ducting more than 100,000 Nahas is a member of the Anderson Assets: In order to senior-level searches world- UCLA Anderson Board of put some context on any cur- wide. In her Visitors. role, Nahas Recently, she graciously manages agreed to be interviewed by major global relationships and specializes in the recruiting of presidents, CEOs and board members for clients ranging from multina- tionals to Caroline Nahas. start-ups across a wide variety of industries. She also is a member of the firm’s Board and CEO Practices, based in Los Angeles. Nahas is recognized among the top 100 recruiters in the United States, according to The Career Makers.

12 Spring 2007 1510 assets spring CN 5/3/07 6:49 AM Page 13

rent discussion of boards of Caroline Nahas: The notion Top 10 Criteria directors, one must under- that SOX has been solely for Directors stand the impact of the responsible for rigorous Sarbanes-Oxley Act (SOX) board governance is mislead- Recognizing that every board is of 2002. This legislation ing. What SOX has done, unique and at varying stages of established new or enhanced however, is to amplify board evolution, the most frequently standards for all U.S. public director accountability, which requested criteria for directors are: company boards, manage- translates into more time, • A proven track record and ment and public accounting diligence and focus than pre- reputation. viously required. This paral- firms in the wake of some • CEO, COO or president of major corporate and lels heightened demands on significant operating division accounting scandals. Simply CEOs and other executives in same or related industry put, what impact has SOX with their own companies. (recognizing need for had on boards, particularly Historically and now, these clearance of conflict). from a recruiting angle? executives significantly popu- • Public company experience. late the pool of potential directors. Many companies • Specific functional expertise (financial, technological, today are limiting the num- marketing). ber of boards on which their executives can sit. In addi- • Global perspective. High tion, executives themselves interest in China is ideal in 2007. are making the decision to lessen their board involve- • Personal experience in ment. Also, as boards dealing with issues facing increasingly focus on inde- the company (acquisitions; integrating new businesses; pendence issues – real or per- transforming company; turn- ceived – the obvious source around; cyclical businesses). of candidates is less robust, which prompts the need for • A willingness to challenge prevailing opinion and do it nominating committees to be constructively. more expansive in their thinking regarding board • Continuous learning mentality. director criteria. It also has • A person management can made recruitment far more respect for accomplishments competitive and challenging and opinions. than in the past. • Independence.

www.anderson.ucla.edu 13 1510 assets spring CN 5/3/07 6:49 AM Page 14

Q & Anderson

AA: Please take us through gaps are considered. mended to the nominating what typical board recruit- Based on the agreed-upon committee and CEO for fur- ment is like. criteria and profile, the ther consideration. search is initiated. The pool From a governance stand- CN: The process begins with a of potential candidates is point, the nominating commit- conversation with the nomi- derived from a variety of tee of the board is responsible nating committee of the board sources. One source is indi- for board director recruitment. and the CEO. Although we viduals with whom However, it is imperative that the CEO be an integral part of the recruitment process. There When selecting board directors, every person has to count, is a strong argument for either and every person has to take the role seriously. party to have veto power. A healthy board always will have active debate, question- will have done extensive Korn/Ferry is familiar, i.e., ing and differing views, but research beforehand and may those executives we know why would a board want to even have personal knowledge who fit the criteria and quali- choose a director who is not of the company, we want to fications we are seeking. We in general alignment with the ‘‘ gain greater insights into the also identify and reach out to business strategy, philosophy need, company, industry posi- individuals who have current and approach of the CEO and tion, strategy of the company, relevant roles and industry/ management team? Similarly, and the key challenges and functional expertise who why would an outstanding opportunities – both short- could be potential candi- candidate consider a board and long-term. There also is dates. In addition, we source where he/she has not had sig- considerable discussion about thought leaders and other nificant time with the CEO to board requirements and the highly regarded professionals assess the direction of the culture of the company and who would be in a position company and values of the board. These conversations, to recommend outstanding executive leading the charge? combined with our experience candidates. and knowledge of the market- We meet again with the AA: Looking at it from the place, shapes the criteria and nominating committee for a opposite perspective, what profile for the board director. working session to review, issues are important to poten- A parallel and important exer- narrow and prioritize the can- tial board candidates? What cise is to assess the current didates. This is followed by are they looking for in terms board in terms of skills and face-to-face meetings with the of responsibility, compensa- experience to ensure that most highly-ranked candidates tion, etc.? pending board succession and to assess whether there is a mutual attraction in terms of experience, track record, cultural fit and interest. The top candidates are then recom-

14 Spring 2007 1510 assets spring CN 5/3/07 6:49 AM Page 15

CN: Candidates will do a great deal of due diligence on the company and board performance. In addition to reading public information, they will likely reach out to a variety of reliable sources to get a full picture of the situation. The analysis of what they learn from this process will influence whether they go to the next step of meeting with Korn/Ferry and/or the company. As they advance in the process, they are likely to request meetings with the outside audit partner and outside AA: Sometimes we read and may be the need for a high- counsel. Companies customar- hear about “celebrity” board profile person who could ily include this as part of the members. We don’t necessarily bring certain attributes to the advanced recruitment process. mean Hollywood celebrities, board that would be of value. Board compensation is a but maybe a former govern- matter of public record. ment official or high-profile AA: How do you feel about Contrary to recruiting execu- mogul joins a board more retired executives who, at this tives for management roles, because of their name recogni- point in their careers, do noth- there is no negotiation. tion than their more specific, ing but sit on boards of direc- Compensation is rarely a potential contributions. tors? deciding factor for considering What’s your take on “celebri- a board director opportunity. ty” board members? CN: Recently retired execu- However, given that executives tives are an excellent source are limiting the number of CN: When selecting board of candidates. They are boards in which they partici- directors, every person has to abreast of current business pate, they do want to be paid count, and every person has to dynamics, understand corpo- commensurate with the time take the role seriously. Having rate governance and have the and effort required. a high profile and having the time to dedicate to a board. skill set and experience to con- The key question is not tribute to a board are not whether they are only sitting mutually exclusive. It relates on boards, but whether they to the first step in the process: are a valuable and contribut- What is the need in the ing board director. absolute and relative to the existing expertise on the board? Part of that answer www.anderson.ucla.edu 15 1510 assets spring CN 5/3/07 6:49 AM Page 16

FEATURE 1510 assets spring CN 5/3/07 6:49 AM Page 17

Opportunity Knocks: Behind the Boardroom Door By Deborah Holdship and Paul Feinberg

nron. Tyco International. WorldCom. It has done is to amplify board director accounta- was a mere handful of companies that bility, which translates into more time, diligence dominated headlines of accounting fraud and focus than previously required.” (See Q&A E and financial malfeasance at the turn of the with Nahas on page 12.) century. But every company and its directors In fact, a recent Korn/Ferry study of nearly have since felt the fallout behind boardroom 1,200 board members from 15 nations showed doors. that some 62 percent of responding directors in That fallout came in the form of federal legis- the Americas say they devote 16 to 20 hours lation to rebuild trust in corporate accounting each month to board matters, with 16 percent and reporting practices. The Sarbanes-Oxley Act reporting they commit up to 25 hours. In the of 2002 (SOX) implemented stringent standards, past, where an individual might have served on regulations and criminal penalties for all U.S. three or four boards, more candidates today are public company boards, management and public opting to serve on one, maybe two, boards, accounting firms. Debate regarding the law’s Nahas points out. effectiveness has raged ever since: is SOX a cata- “Furthermore,” she says, “when qualified lyst for improved governance or a cumbersome individuals do consider serving on a board, they hindrance to company growth? The answer is are very discerning in terms of which board they yet unclear, but one thing is certain: added might consider.” responsibility, heightened scrutiny, and increased As a result, creative nominating committees risk are now the norm for post-SOX directors. are beginning to expand the existing pool of tra- “The notion that SOX has been solely ditional director candidates to include presidents responsible for rigorous board governance can of sizeable corporate divisions and other top be misleading,” says Caroline Nahas, managing executives who may be less seasoned than CEOs, director of the Southern California offices at the but are still well prepared for board service. executive recruitment firm Korn/Ferry This expanded pool creates new opportunities International and a member of UCLA for enterprising executives with an eye trained Anderson’s Board of Visitors. “But what SOX on the boardroom.

www.anderson.ucla.edu 17 1510 assets spring CN 5/3/07 6:49 AM Page 18

OPPORTUNITY Knocks

While there is no substitute for on-the-job director. “Serving on a board is an honor and a experience, there are ways to enhance one’s duty not to be taken lightly,” Osborne says. “A prospects outside the office. Continuing educa- director needs great confidence with the integrity tion can be a most practical route. UCLA of management and their commitment to a trust- Anderson is one of just a few institutions that ing, respectful relationship; a tolerance for prepares executives to master the complexities asking and answering tough questions; and an of corporate governance. Its Director Training openness in the shared obligation to produce & Certification Program (DTP) is accredited by long-term value for stakeholders.” Institutional Shareholder Services (ISS) and is a Osborne speaks from experience. He sits comprehensive, four-day course that speaks to on numerous boards, including K2 Inc., executives at various levels: experienced profes- EMAK Worldwide, Inc. and Kaiser sionals pursuing their first directorship, less Aluminum; such private organizations as experienced directors seeking an in-depth foun- Wedbush, Inc., 40 ACT and First Pacific dation of good governance principles/practices, Advisors; and such non-profit organizations and seasoned directors looking to navigate the as Los Angeles Police Memorial Foundation ever-evolving governance landscape. and Los Angeles Universal Preschool Inc. At its strategic and supervisory best, board Open Door Policy membership provides an opportunity for seasoned executives to put their vast expertise Despite new risks and challenges that come toward the benefit of another corporation. with board membership, the career benefits are Compensation notwithstanding, major perks vast and varied, says UCLA Anderson’s Al directors enjoy range from enhanced prestige Osborne, senior associate dean and DTP faculty among peers to unparalleled networking access. Also, the ability to observe a firm’s management style from the inside delivers a practical learning experience like no other, says UCLA Anderson’s It used to be that any accounting former dean, Bruce Willison. An accomplished responsibilities were left up to the audit banking executive, he’s held posts as president and COO at H.F. Ahmanson and committee and, even then, to the expert Company/Home Savings of America and chair- on the audit committee. Now the man and CEO of First Interstate Bank of California, among others. whole board needs to know accounting. “Now that I am no longer an active — Associate Professor Carla Hayn CEO,” Willison says, “sitting on boards is a ‘‘ way to continue to be deeply involved in business activities and current management practices. It’s a phenomenal education.” He currently is a director on the boards of Health Net, Inc., Move, Inc., IndyMac Bancorp and Sun America Annuity Mutual Fund Complex (of which he is independent chair). 1510 assets spring CN 5/3/07 6:49 AM Page 19

Willison brings both broad business acumen description. Results of the 2006 Korn/Ferry study Gone is the ‘club- and specialized knowledge to each of the four cited earlier indicated that compensation for direc- by’ atmosphere boards on which he serves. Gone is the ‘clubby’ tors from Fortune 1000 companies increased by that used to per- atmosphere that used to pervade board meetings, 35 percent between 2004 and 2005, and surged vade board meet- he notes. Post-SOX directors now exert their 43 percent during the same period for directors at ings. Post-SOX independence and exercise their duties with $20 billion-plus organizations. directors now greater authority than ever before. exert their inde- “Committees meet more often and are more Transparency pendence and formal these days,” Willison points out. “Each exercise their In the immediate wake of Sarbanes-Oxley, cor- has its own charter and set of responsibilities. And duties with greater porate governance and attention to process the attention to those responsibilities is huge com- authority than ever seemed to force the pendulum to swing to an pared to the way it was before.” before. unprecedented extreme. In rare cases, remedial Transparency in accounting is one area that governance could consume so much of a board’s has received tremendous attention post-SOX. time that its central mission to serve as the stew- “It used to be that any accounting responsibili- ard of the company could be diffused, says ties were left up to the audit committee and, Anderson’s Eric Flamholtz, professor of human even then, to the expert on the audit commit- resources and organizational behavior. tee,” says UCLA Anderson Associate Professor New rules and liabilities have led some boards Carla Hayn. “Now the whole board needs to to recommend that companies temporarily know accounting.” “go dark” in lieu of disclosing information to Luckily for directors, compensation appears to investors. Some private companies are opting to be keeping up with the enhancements to the job postpone initial public offerings as it may not be worth the time, expense and, yes, potential liability to bring internal controls into SOX compli-

www.anderson.ucla.edu 19 1510 assets spring CN 5/3/07 3:22 PM Page 20

Experts agree there is no one way to staff a board that speaks to ‘‘ all scenarios.

ance. Still others are choosing to sell to the worlds. As a venture capitalist, he often sits on highest bidder instead of going public at all, the boards of the firms in which Kline Hawkes while an increasing number are opting for invests, describing his inside role as an “interest- offshore listings, Flamholtz says. His book ed, invested director.” At the same time, he “Growing Pains,” originally published in 1986, recently took on the role of director at the Los features a new chapter in its fourth edition Angeles Urban League, bringing an outsiders’ (released in April 2007) to reflect some of these perspective to the league’s table. “I bring my challenges facing boards today. experience investing in young companies,” Ferguson says, “which could come to bear as the There are argu- Experience Required Los Angeles Urban League seeks to help revital- ments in favor of ize the city through investment and relationships deep industry When staffing a corporate board, several con- with entrepreneurs.” expertise, while siderations come into play. There are some who For his part, Willison says he chooses boards others prefer the maintain that inside directors “who have some that will enhance his understanding of business out-of-the-box skin in the game” play a critical role in protecting a beyond his general expertise. As a banker and aca- thinking that comes firm’s interest, while others argue for total board demic, he is an outsider to the industry on the from an external independence. Some would opt for employees Health Net board. But when Health Net chose to perspective. and/or customers to sit on the board. There are arguments in favor of deep industry expertise, while others prefer the out-of-the-box thinking that comes from an external perspective. Jay Ferguson (’94) is a partner at Kline Hawkes & Co. and has the best of both board

20 Spring 2007 1510 assets spring CN 5/3/07 6:49 AM Page 21

OPPORTUNITY Knocks

integrate and consolidate operations across several ty you bring to bear. The key is to understand busi- disparate subsidiaries, Willison tapped into prior ness strategy and to determine which strategy is experience at First Interstate Bank, where he’d exe- right for that particular company.” cuted a comparable initiative. In this case, his The path to the boardroom varies with each advice and counsel transcended the healthcare potential director, but experience and reputation industry and spoke to sound management strategy. are paramount. While warning against a policy of “gray eminence,” experts like Lewin do tend to Need to Know favor mature executives with a proven track record of expertise in industry. Anderson’s Flamholtz Experts agree there is no one way to staff a agrees that it is wise to select board members with board that speaks to all scenarios. Diversity as much as 30 years experience, but also suggests across age, industry and function tend to serve boards be open to elect “younger” directors in management best. Healthy cynicism, coupled order to maintain continuity as movement occurs with mutual trust and respect among board across ranks. And notable skills are attractive at members, contributes to any age. A successful history dealing an effective overall strategy. “Lively debate of the issues” is at the heart of effective governance, Questions You Should Ask according to 94.6 percent 10 if Recruited to Join a Board of respondents to a recent study of public 1 What does the company stand for? What com- company directors, con- prises the company’s “moral character” and repu- ducted by RHR tation in the community/industry? What is the fit with my personal values? International. “I find the best quality 2 Do I trust and respect the company management? in a director is to be a 3 Who else serves on the board? Do they have the skills and experience deep and independent this corporation requires?

thinker,” says Anderson 4 Why was I recruited? Was it for any particular skill or reason? Was it Professor and MBA because I was an independent outsider? Program Senior Associate 5 What is the job description and length of the term? Dean David Lewin. “You 6 What are the expectations of time? Am I on call in any way between need to remember you are meetings? not acting alone; you’re just one voice, and you 7 Where does the board meet? Do I have to travel? Does the board ever meet via teleconference or online? don’t have to be an expert in everything. It’s more 8 How long are the board meetings? Does the board meet frequently important that you know enough for sufficient duration to devote adequate time to the firm’s governance affairs? enough about the special- 9 Is an individual on their own to get to meetings?

10 What is my compensation? Is it commensurate with what is required and expected for a director with this firm’s profile?

www.anderson.ucla.edu 21 1510 assets spring CN 5/3/07 3:22 PM Page 22

OPPORTUNITY Knocks

with scandals, for example, can score big points directors at an opening dinner and keynote with certain nominating committees. speech by a nationally recognized governance Meetings sponsored by the National expert. Then they delve into foundational gover- Association of Corporate Directors and other nance issues, advanced topics, best practices, and professional networking organizations are an interactive modules detailing issues specific to ideal entrée into the world of directors. Alumni audit committees, compensation committees, and connections may even open doors to the board- nominating and governance committees. room. At age 40, Kline Hawkes’ Ferguson is “The [DTP] introduces prospective directors among the youngest board members at the of private companies and new directors of grow- Los Angeles Urban League. He was invited to ing companies to their fiduciary duties,” says join the board by fellow Anderson alumnus DTP Faculty Director Osborne. “In doing so, the Blair Taylor (’92), the league’s president/CEO. program provides perspective on their strategic One of the most expedient routes to the roles as agents for shareholders in the oversight boardroom is the aforementioned Director of management.” Training & Certification Program (DTP) offered Entrants are screened and accepted based by the Office of Executive Education at UCLA on executive competence and board experi- Anderson. The ISS-accredited course is offered ence. Participants range from seasoned execu- for four days each May and October. Attendees tives who may be competent to fill a director’s interact with DTP alumni, faculty and other role but lack the governance expertise, to first-time directors who are honing their skills, to longtime directors seeking updates Advice to Pursue Boards on best practices and governance issues. Multiple view- 1 Establish yourself in your own career as points are presented by somebody who has a track record of Anderson academics, direc- success in broad management. tors and practitioners repre- senting the fields of account- 2 Create an identity for yourself as the ing, law, global entrepreneur- leader regarding a particular skill set ship and more. that may be appropriate to a board: “Our perspectives are diverse, accounting, technology, marketing, law. and our people present contrar- 3 Get exposure to search firms that are recruiting to fill board positions, i.e., ian views,” says DTP Program Korn/Ferry, RHR International, etc. Director Don McCrea. “With this mix of very senior directors 4 Attend meetings of such organizations as the National Association of and experienced professionals Corporate Directors to network and learn about serving on boards. in the room, participants learn as much from each other’s per- 5 Enroll in a director’s training program, such as that offered by UCLA Anderson’s Office of Executive Education. Call (310) 825-2001 or visit sonal experience as they do www.uclaexeced.com.

22 Spring 2007 1510 assets spring CN 5/3/07 6:49 AM Page 23

Anderson’s Flamholtz also suggests boards be open to elect “younger” directors in order to maintain continuity as movement occurs across ranks.

from the speakers and other faculty.” “My guess – and it’s only a guess – is that Participants are tested on program content reclaiming faith in corporate governance has ‘‘ been accomplished and a lot of good has come and receive certification upon passing the course. Then, certified graduates may opt to upload their out of Sarbanes-Oxley,” he says. “People are resume to UCLA Anderson’s “Director Match” investing; the stock market appears healthy. And database, accessible by executive search firms now it’s time to make some sensible adjustments to the law so we don’t drive public companies and other approved clients. Anderson now out of the public domain and keep private com- In addition, Anderson now offers boards an offers boards an panies from going public.” option to deliver customized programs right to option to deliver And with all this attention on the improve- their directors, McCrea says. During the onsite customized pro- ments to corporate governance these days, it programs, directors can delve into more detail, grams right to seems natural to ask whether boards in 2007 enjoy more candor and make even more their directors. progress than in the open enrollment course on outperform their pre-SOX counterparts. campus. Programs tend to run about two hours “The vast majority of boards out there did and usually are conducted in conjunction with their jobs well before Sarbanes-Oxley; it’s not as the firm’s general board meeting, McCrea says. though they were totally passive,” says Willison. Programs of at least eight hours may be accredit- “I’ve sat on many boards through the years that ed by Institutional Shareholder Services. pushed back on management or forced management changes. But there wasn’t the degree of All Aboard diligence, independence and responsibility you see now. There is no question the shareholder is History will show what impact SOX ultimately better served today.” has on corporate governance, best practices and the personnel who populate the boardroom post- To learn about UCLA Anderson’s next Enron, et. al. For now, Flamholtz says he sees Director Training & Certification Program, things coming back into balance and directors visit www.uclaexeced.com. returning to the business of doing business.

www.anderson.ucla.edu 23 1510 assets spring CN 5/3/07 6:49 AM Page 24

9 Scholars Join UCLA Anderson Accounting Richard E. Saouma, Assistant Professor Teaching: Elective course on managerial account- Judson A. Caskey, Assistant Professor ing to undergraduate, full-time MBA and Fully Employed MBA students. Teaching: Intermediate accounting courses. Research Interests: Organizational design, com- Research Interests: Capital markets, financial munication in and between firms, and contract disclosures, financial accounting and behav- theory. He also has studied managerial account- ioral finance. ing, contract theory, disclosure and reporting. Abstract: Caskey conducts both modeling and Abstract: One of Saouma’s recent studies demon- empirical studies on how capital markets gen- strates the efficacy of using internal auctions to erate and process accounting information. His allocate firm resources. The practice of bringing Judson A. Caskey, study of financial accounting specifically focus- market mechanisms inside the firm has been a Assistant Professor. es on the role of accounting disclosures within recent theme of both business gurus and consult- the context of informed decision-making. This ants. Saouma’s analysis is one of the first com- includes analyzing the content of accounting prehensive attempts to capture the theory within disclosures and how people process that con- the rigor of an academic study. His most recent tent. His empirical research includes work on work examines incentive value of inventory the relation between dividends and manipulat- inside manufacturing firms. Saouma had a ed earnings, measures of accounting conser- brief stint at the Federal Reserve Board in vatism and analyst forecasts. Caskey has Washington, D.C. While at Stanford, he was a worked as an auditor and as a financial sys- KPMG fellow and says he still managed to find tems and reporting consultant. He is a regis- the time to rebuild car engines on the side. tered status (non-practicing) CPA. Publications: The Accounting Review. Education: Ph.D., University of Michigan; Education: Ph.D., Graduate School of MBA, University of Michigan; Business, Stanford University; B.A., Michigan State University. Richard E. Saouma B.A., UC Berkeley. Assistant Professor.

24 Spring 2007 1510 assets spring CN 5/3/07 6:49 AM Page 25 n Faculty FACULTY

Marketing Decisions, Operations & Technology Management Wendy Liu, Assistant Professor

Teaching: First-quarter core course in marketing Guillaume Roels, Assistant Professor (Fully Employed MBA Program). Teaching: Core course in the fundamentals of Research Interests: Behavioral decision theory operations management (full-time MBA (focus on consumer behavior). Program). Abstract: Liu seeks to understand the determi- Research Interests: Revenue management, supply nants of consumers’ perceptions and preferences, chain management, inventory control and trans- and the effect of life experience and social events portation systems. In particular, Roels is interest- on economic behavior. Recent research examines ed in evaluating the impact of competition and Wendy Liu, the effect of choice set composition and decision- lack of information on operations, using meth- Assistant Professor. making procedures on the outcome of people’s ods of robust optimization and game theory. decisions. In another line of work, Liu studies Abstract: Roels’ work on distribution-free the role of a significant life experience, such as a inventory management was awarded second close other dying of cancer, on people’s intertem- place in the 2005 student paper competition poral decisions and willingness to make charita- of the Manufacturing and Service Operations ble contributions. Management Society, a subdivision of Working Papers: "Focusing on Desirability: INFORMS. Traditional inventory models The Effect of Decision Interruption and assume demand can be characterized by a Suspension on Preferences" and "Preference probability distribution. However, in practice, Testing: The Effect of Choice Set Context and it is difficult to estimate, especially for new Decision-Making Procedure on Preferences.” products. Roels developed new methods for Organizational Behavior and Publications: managing inventories under high demand Human Decision Processes Marketing and uncertainty, determining how much to order Letters. before a selling season, with only limited Education: Ph.D., Graduate School of information about demand. Business, Stanford University; Publications: Operations Research, M.S. and B.A., Stanford University. Manufacturing & Service Operations

Management and Management Science. Guillaume Roels, Education: Ph.D., Massachusetts Institute Assistant Professor. of Technology; D.E.A. (the equivalent of a master’s degree) and B.A., Catholic University of Louvain, Belgium.

www.anderson.ucla.edu 25 1510 assets spring CN 5/3/07 6:49 AM Page 26 9Faculty nomic theory and asset pricing theory, in particu- Finance lar on the interaction of heterogeneous investors in financial markets. Marc Martos-Vila, Assistant Professor Abstract: In a financial market, every investor is Teaching: “Takeovers, Restructuring and keenly interested in the information that other Corporate Governance” (full-time MBA investors might possess. Schneider deals with the Program) and “Corporate Finance” (Doctoral question of how they learn this information from Program). each other during the process of trading. One of Research Interests: Corporate finance. He has his studies examines how investors infer what worked on mergers and acquisitions, executive might be the triggering mechanism behind high Marc Martos-Vila, or low trading volume. At the moment, Schneider Assistant Professor. compensation and the effects of financial fric- tions. Other areas of interest include contract is looking at why investors engage in speculative theory, search theory and the links between trading, considering the basic question of where finance and aggregate economic activity. profits come from. By its very nature, it is a game Abstract: Martos-Vila’s teaching experience that requires having someone lose in order for while working on his doctorate at Princeton someone else to win. Schneider is working on included microeconomics and corporate finance, finding a way around this situation. as well as advising undergraduates on their the- Education: Ph.D., University of British ses. In his dissertation, he studied the conflicts of Columbia, Vancouver, Canada; interest between managers and shareholders in Diploma in Economics, Freie University, the context of friendly mergers and acquisitions. Berlin, Germany. The Bank of Spain and Princeton University have both granted fellowships to Martos-Vila. He also has worked at the financial systems division of Geoffrey A. Tate, Assistant Professor the International Monetary Fund in Washington, Jan Schneider, Teaching: Core course in corporate finance. D.C., on the linkages between indicators of Assistant Professor. Research Interests: Empirical corporate finance financial distress and macroeconomic variables. and behavioral finance, with additional areas of Working Papers: "Executive Compensation and interest in psychology and economics, and con- the Search for Corporate Control." tract theory. Education: Ph.D., Princeton University; Abstract: Tate is examining how the biases of M.S., CEMFI, Madrid, Spain; individual leaders affect their corporate decision- B.A., Universitat Pompeu Fabra, Barcelona, making, a subject often ignored in financial Spain. research. One recent study revealed that chief executives who win major business press awards often take advantage of new personal opportuni- Jan Schneider, Assistant Professor ties thereafter, neglecting their company’s inter- Teaching: Core course on basic financial markets (full-time MBA Program) and doctoral-level course in asset pricing theory. Geoffrey A.Tate, Research Interests: Research is in the realm of Assistant Professor. pure theory, and interests focus on financial eco-

26 Spring 2007 1510 assets spring CN 5/3/07 6:49 AM Page 27

ests to its detriment. The Journal of Finance published Tate’s work looking at how overconfi- Human Resources & dence in a CEO impacts corporate investments. Organizational Behavior Using personal portfolio choices as a measure, the tendency to overestimate the value added by Miguel M. Unzueta, Assistant Professor their leadership is tracked in whether or not they Teaching: “Leadership Foundations” and exercise stock options promptly, which would be “Leading and Managing Organizations” prudent. Two possible consequences are unwill- (Management 409). ingness to raise equity or debt to finance promis- Research Interests: Social inequality, affirma- ing projects (believing they are undervalued by tive action beliefs and attitudes, self-image the market) or over investment in too many maintenance and group-based interest. mergers and acquisitions (with their bids often Teaching focus is organizational behavior and significantly discounted). social psychology. Publications: The Journal of Finance. Abstract: Unzueta researches the way people Education: Ph.D., Harvard University; make sense of their position in social and B.A., Rutgers College. interpersonal hierarchies and the way this Liu Yang, Assistant Professor. affects their perceptions of self, others and Liu Yang, Assistant Professor social inequality. He also studies white Americans’ beliefs about and attitudes toward Teaching: Management 238, elective focusing on affirmative action policies. Unzueta’s research corporate valuation. has found that the (arguably erroneous) belief Research Interests: Theoretical and empirical cor- that affirmative action is a strict quota policy porate finance in the areas of mergers and acqui- may persist because this belief boosts white sitions, corporate restructuring, corporate gover- men’s self-esteem, i.e., individuals who are not nance and financial intermediation. direct beneficiaries of affirmative action. Abstract: Yang’s recent work examines a firm’s Publications: Journal of Personality and decision to buy or sell assets in the presence of Social Psychology, Personality and Social productivity shocks and the corresponding value Psychology Bulletin and the Journal of Cross- impact. She shows that changes of productivity Cultural Psychology. He also co-authored a driven by shocks, rather than the level of produc- chapter for the book “Assimilation and tivity, drive firms’ decisions to expand or down- Contrast in Social Psychology.” Miguel M. Unzueta, size. Prior to earning her doctorate, Yang worked Education: Ph.D., Stanford University; Assistant Professor. as a senior financial analyst in the structured B.A., University of Texas at Austin. finance group of Federal Home Loan Mortgage Corporation, as a visiting scholar at Federal – Faculty bios compiled and edited by Deposit Insurance Corporation (FDIC) and as a Mary Ann Lowe. consultant in the IFE Group. Education: Ph.D., University of Maryland; M.S., University of Illinois at Urbana- Champaign; B.A., Peking University, China.

www.anderson.ucla.edu 27 1510 assets spring CN 5/3/07 6:49 AM Page 28

Faculty Training Head Start program will be directed by Herman, program founder the UCLA/Johnson & Johnson and senior lecturer at UCLA Parents in Health Health Care Institute for Head Anderson. “Since its inception, Start and UCLA Anderson’s the program has positively Care Management Price Center for impacted thousands of lives; Entrepreneurial Studies. children are healthier and fam- new health awareness “The Health Care Institute ilies are leading happier, more training program for has demonstrated that health productive lives.” 5,000 Head Start and literacy training is a useful Parents who have partici- Early Head Start families A tool in reducing health care pated in the program’s pilot will get underway in New costs,” says Dr. Ariella and follow-up training ses- Mexico in September. The

Receiving Marketing Award for Long-Term Impact

Dominique M. Hanssens, professor of marketing and holder of the Bud Knapp Chair in Management at UCLA Anderson, recently won the 2007 William F. O'Dell Award. Recognizing long-term contribution to theory, practice or methods, the award is given by the American Marketing Association, one of the largest professional associations for marketers with worldwide membership. Published in the November 2002 Journal of Marketing Research, Hanssens’ article, "The Long-Term Effects of Price Promotions on Category Incidence, Brand Choice and Purchase Quantity," was recognized for its impact. The co-authors of the paper are both former doctoral students at UCLA Anderson: Koen Pauwels, now associate professor of business administration at Dartmouth, and S. Siddarth, now associate professor of marketing at USC. Another Anderson-related paper co-authored by Bart J. Bronnenberg, professor of marketing, and Catarina Sismeiro, former doctoral student, was a finalist for the award. Hanssens’ winning study was the first to measure the total long-term effect of price promotions on all three components of brand sales: total number of buyers in the product category, the share of these consumers buying the brand and the average quantity purchased by the brand’s consumers. Since promotions account for the main share of marketing budgets for most consumer packaged goods and results revealed a virtual absence of significant permanent effects for any of the sales components, the implica- Dominique M. tions for management are important. Hanssens, – Mary Ann Lowe professor of marketing.

28 Spring 2007 1510 assets spring CN 5/3/07 6:49 AM Page 29

(At left) Dr. Ariella Developing Analytical Business Tools Herman, senior lecturer at UCLA eorge Geis, adjunct professor of information sys- Anderson. tems at UCLA Anderson, and other members of the school’s faculty have been putting their G expertise to work designing analytical tools for the business community. Geis is creating a new Web-delivered business development methodology and tool called BIZDEV2, which will be offered through Benchmark Metrics Inc. The company has a series of marketing and financial tools under sions have become better development, including “Cost of Equity informed about their child’s Capital” by Antonio Bernardo, faculty chair- health, reducing the number man and professor of finance, and “Critical of unnecessary trips to an Financial Statement Analysis” by Eric emergency room by 58 per- Sussman, lecturer in accounting. cent and visits to a clinic for Faculty director of Anderson’s Executive common illnesses like a cold, Mergers and Acquisitions Program, Geis has George Geis, cough or mild fever by 42 created a tool with graphic interface to map and track adjunct professor percent. This also translated business alliances, acquisitions and competitors. The of information to a dramatic drop in the application is used to identify business opportunities systems. number of lost days at work within a specific market space defined by the user. (42 percent) and missed days Geis explains, “BIZDEV2 presents a unique way to at school (29 percent). build and use graphical business development grids to The UCLA/Johnson & support the model analysis of both partnerships and Johnson Health Care Institute M&A opportunities within a company’s market. training program for New Along with the linked short course, it solves the long- Mexico is the first program to time problem of organizing and integrating all of the be endorsed by a state govern- business intelligence a company gathers on development and will be working in mental opportunities.” conjunction with the New William Benjamin, CEO of Benchmark Metrics, Mexico Head Start Association endorses the system and gives BIZDEV2 high marks. and the New Mexico Head “BIZDEV2 is probably the first comprehensive analyt- Start Collaboration Office. ical M&A tool and process to successfully map market The program will train families segments and market value chains in an interactive in New Mexico over a two- visual context,” he says. year period and is supported – Mary Ann Lowe by a $360,000 grant from Pfizer, Inc.

www.anderson.ucla.edu 29 1510 assets spring CN 5/3/07 6:49 AM Page 30

GIVING BACK

Faculty and Doctoral Student Support

Professor J. Fred Weston – By Tracy Mlakar

Fred Weston is one of ensure Anderson’s ongoing UCLA Anderson’s living ascent among the ranks of the icons. A world-renowned world’s top management schools s a world-class research J. scholar and prolific author, inspired his extraordinary institution that powers he is a recalled professor support of finance faculty and A the economy and emeritus of managerial econom- doctoral students. provides social benefits ics and finance at the school. “You can clearly measure the to California and beyond, And now, with the establish- strength of a school’s finance UCLA has embarked on a ment of the J. Fred Weston department by the quality of the campus-wide, five-year plan Chair in Finance and the J. Fred doctoral students it produces,” to raise $250 million to support the key to the universi- The vision of the role of management in ty’s success: the ability to our society is communicated in Dean recruit and retain top stu- Olian’s strategic plan and has inspired me to give. dents and faculty. The ambitious plan ensures that It should inspire others to make Anderson one of their UCLA will maintain its philanthropic priorities, as well. momentum regarding this — J. Fred Weston ongoing mission. Weston Doctoral Fellowship, he Weston says. He has chaired For UCLA Anderson, ‘‘ adds the title “generous bene- 32 doctoral dissertations in the which is recognized for factor” to his legacy. course of his career. its cutting-edge research Weston’s breadth of knowl- “I wanted to support and for training global busi- edge of UCLA Anderson’s past Anderson’s faculty, as well,” he ness leaders, this means is the driving force behind his continues, citing his estate gift focusing fundraising efforts passion for its future. Thousands that will establish the J. Fred of students have passed through Weston Chair in Finance. “The on its academic core. his classroom since he joined the school already has a strong Attracting and retaining the faculty in 1949, and one of his finance faculty, and I would best and brightest faculty doctoral candidates went on to like to see us keep it that way. and students to the school win the Nobel Prize. Weston has Outstanding faculty may be is paramount. worked with every one of tempted by offers of chairs at Anderson’s eight deans, and in competing institutions. In 1994, he received the Dean’s order to retain your best, you Award for Outstanding must grant your faculty chair Instruction. His deep desire to positions.”

30 Spring 2007 1510 assets spring CN 5/3/07 6:49 AM Page 31

As a longtime faculty Academic Excellence initiative member and former leader of aims to raise $100 million for UCLA Anderson’s finance and endowed chairs and $50 mil- business economics areas, lion for student fellowships in Weston has experienced first the professional schools. hand the competitive nature of Weston’s philanthropic gifts faculty recruitment and reten- are a fitting complement to his tion. Incentives offered by six decades of service to the Anderson’s competitor schools UCLA Anderson community. may include larger salaries, Perhaps it was his reciprocal monies for research support, approach to teaching that led chair positions and even faculty to his selection as one of five housing. Weston credits Dean outstanding professors on the Olian’s new strategic plan UCLA campus in 1978. In his (www.anderson.ucla.edu/x16498 words, “To teach, you first .xml) for succinctly conveying have to have a conceptual an urgent need for increased framework and a command of faculty chairs at the school. your field. Then, as you inter- “To me, the strategic plan is act with students you continue an inspiring formulation of what to develop this conceptual a management school should framework so that teaching is a strive to be,” he says. “The learning experience both for vision of the role of manage- the professor and the class.” ment in our society is communi- Weston’s support of faculty, cated in Dean Olian’s strategic as well as future professors plan and has inspired me to through his doctoral student give. It should inspire others to support, ensures that his pas- make Anderson one of their sion for teaching and his leg- philanthropic priorities, as well.” endary status will endure at Weston’s gifts for faculty UCLA Anderson forever. and doctoral students provide For information about much needed resources for establishing a named endowed some of the top priorities chair or named fellowship, named in Olian’s strategic plan. contact Marcia Shackelford in These two areas are also an the Office of Development at immediate need for the entire (310) 267-4700 or marcia. UCLA campus. The Ensuring [email protected]. Professor J. Fred Weston. www.anderson.ucla.edu 31 1510 assets spring CN 5/3/07 6:49 AM Page 32

GIVINGBack KPMG LLP Teaching Assistant Position Established

hanks to a $20,000 gift from KPMG LLP, UCLA Anderson has added a T teaching assistant position to its undergraduate From left: Senior Associate Dean Alfred E. Osborne Jr. and Faculty accounting program. The Chairman Antonio Bernardo with KPMG executives: Managing Partner KPMG LLP Teaching Mark Hutchins, Vice Chair Mary Pat McCarthy and Partner Michael Flynn. Assistant position provides some tuition relief and a experience and offer mentor- UCLA Anderson, contact stipend to a UCLA Anderson ship to students both in and Randy Lakeman, deputy student for one year. out of the classroom. director of development, Teaching assistants For information on how [email protected]. contribute to the learning your company can support edu or call (310) 206-5514.

Between now and the end of 2007, individuals who are 70.5 years of age and Use your older who have a traditional IRA or Roth IRA will be able to contribute at least part of their IRA to charity without paying the income tax. Individual Individuals who qualify can donate up to $100,000 per year – regardless of income. Retirement There will be no income tax charitable deduction – but neither does one pay income tax on the withdrawal.

Account NEXT STEPS

to Give to • Notify the institution where the IRA is managed and administered well before the UCLA Anderson December 31 deadline. • Request a “charitable IRA rollover” to transfer a specific amount directly to the charity of choice. The check should be made directly to the charity (not to the owner of the account).

• Transfers must be made as current gifts. Under the Pension Protection Act of 2006, transfers cannot be made to establish a life income arrangement such as a gift annuity, charitable remainder unitrust, or pooled income fund.

For more information about ways to take advantage of these new giving opportunities to benefit UCLA Anderson, please call the UCLA Office of Gift Planning at (800) 737-UCLA. As always, we encourage you to consult with your advisors as to the specific implications of such a gift in your particular situation.

32 Spring 2007 1510 assets spring CN 5/3/07 6:49 AM Page 33

Remembering Friends Committed Alumnus Akinobu Kanasugi ('67)

UCLA Anderson alumnus Akinobu Kanasugi (’67), vice chairman of the board at NEC Corporation, passed away Nov. 8, 2006, in Japan. He was 65. Kanasugi was a lifetime member of the UCLA Alumni Association and a member of the Japanese Alumni Robert Anderson, Board Member and Longtime Association, for which he spoke at its 30th anniversary Supporter of UCLA Anderson celebration in Japan. He also met with Dean Judy Olian Longtime friend of UCLA 1988 after 18 years in top during her recent trip to Asia Anderson and Chairman positions. to discuss opportunities for Emeritus of Rockwell Anderson is pictured here UCLA Anderson to strength- International Corporation with his wife, Diane, at the en its ties with alumni in the Robert (Bob) Anderson has UCLA Anderson Board of region. passed away at the age of 85. Visitors party to honor for- Kanasugi also served Anderson served as a mem- mer Board Chairman Peter as president at NEC ber of the UCLA Anderson Mullin and former Dean Corporation from March Board of Visitors from 1989 Bruce Willison in December 2003 until March 2006. until his passing. 2005. He joined NEC in 1967, Anderson had served as He is survived by his wife; after earning his MBA from president and later chairman two children, Dr. Robert UCLA Anderson. He is and chief executive of Anderson, Jr., and Kathleen survived by his wife and Rockwell prior to his emeri- (Kit) Thomas; two stepchil- family. tus status. His work as prime dren, Keri Anderson and Erin contractor of the NASA Anderson; and four grand- space shuttles and builder of children. the Air Force B-1 long-range aircraft showcased his leadership talents. He retired in

www.anderson.ucla.edu 33 1510 assets spring CN 5/3/07 6:49 AM Page 34

Getting to theTop

Consultants Bring Insight and Skills to the Workforce

34 Spring 2007 1510 assets spring CN 5/3/07 6:49 AM Page 35

ALUMNI CONNECTIONS

In consulting, you do sprints. In a job, you are doing a marathon.

This metaphor comes courtesy of Jim Howard, former management consultant and current president and CEO at technology firm CrownPeak. Howard, along with several other former consultants, recently shared career advice with MBAs as part of the professional development series “Getting to the Top,” presented by executive recruiter Kathy ‘‘Ullrich (’92) and her executive recruiting firm Kathryn Ullrich Associates, Inc. With such titles as CEO, VP of corporate development and VP of marketing, among others, the former consultants explored ways in which this “jack of all trades” adds insight and depth to a company’s talent bank. In addition, they advised colleagues on how to execute the crossover to industry by optimizing their unique consulting skills. What follows is Ullrich’s summary of the experts’ advice for “getting to the top.”

Know Thyself

Consulting, by its very nature, is an action-oriented, decisive and communications-driven career. Honing and maxi- mizing these skills can lay the groundwork for a successful transition to a leadership role in industry. “In consulting, everybody is self-motivated,” says Alex Dodd, president and CEO at M Squared Consulting. “In industry, you can have a meeting and say, ‘Let’s get back together in two weeks with the answers,’ and nothing is

www.anderson.ucla.edu 35 1510 assets spring CN 5/3/07 6:49 AM Page 36

ALUMNI CONNECTIONS

done. The lesson is that not everyone is self- about working with people,” Thakur says. motivated, and you need to change behavior.” “When you are an external consultant, you The fast-paced “sprint” of consulting often exercise certain skills, always knowing you requires decisive action, which can inform will leave the company. When you are an one’s leadership style down the road, says Jim internal consultant, you need to maintain Clayton, formerly of McKinsey and now pres- relationships, so you need different skills to ident and CEO at SymphonyRPM. “Whatever move an organization to change. How do you you do, make a decision,” Clayton says. work with an organization and influence peo- “And then you have earned the right to make ple to your side?” another decision, to unwind it if you are The answer, says Avanish Sahai (’95), is sales. “In consulting we called it ‘client development,’” notes this VP of marketing at Whatever you do, make a decision. Then BDNA. “But in the rest of the world, we call you have earned the right to make another it ‘sales.’ The first two years of consulting are deep down in problem-solving and analytics. decision, to unwind it if you are wrong. The second two years are spent managing the team, developing communications skills and wrong.” A career in consulting is the perfect presenting. The last two years before partner stage to hone this muscle, he adds. “Coming are client development with new or existing from McKinsey, you can do more and make clients. In industry, whether you are in mar- ‘‘ more decisions in three hours than many can keting, business development, raising money, do in six months. Just pull the trigger.” selling product – or are the CEO – you are But don’t pull the trigger until you have selling.” the right information, cautions M Squared’s And, says CrownPeak’s Howard, “As CEO Dodd. “As a consultant, if you think you of a company, if you cannot sell what you know everything and do not rely on those have, you do not have a company.” with industry experience, you could make costly mistakes for the business,” he says. Crossing Over Effective communicators make the best The one-time consultants tend to agree consultants – and the best leaders in organiza- that there are two natural transition points tions, says Vikas Thakur (’92), senior VP, when people are most apt to leave consulting: business transformation group, Countrywide as a manager with three-to-five years of con- Financial. Presenting an idea and ultimately sulting or as an experienced partner. A back- getting buy-in from the organization is the ground as both an analyst and manager is key to success on this career path. “It’s all ideal, and Thakur, with more than 10 years at Deloitte Consulting, says, “Stay in consulting as long as you enjoy it.” Dodd, a former partner at Bain, suggests those who make partner see it through and commit to a

36 Spring 2007 1510 assets spring CN 5/3/07 6:49 AM Page 37

number of years in that role. He was able to transition from his top position at Bain to a CEO spot in a mid-sized company. In making the crossover from consulting to industry, Clayton suggests, “Find someone who believes in you and knows your skills as a consultant to help you with the crossover.” Raffi Kassarjian did just that. As a consultant at Accenture Strategic Services, he joined a client after executing a strategy project that required a new management team. Kassarjian educated the new leader on the strategy and then made a pitch to become part of the team. He currently is a VP at Fair Isaac. Finally, experts agree that in making the transition out of consulting it is important to “pick a major” that follows your desires

regarding the two areas around which your vate and delegate,” he says. Kathy Ullrich (’92), career can pivot: role or industry. “Make sure At the core, notes Stanton Associates’ Lisa executive recruiter. your first move is in a general direction you Leight, consultants are proactive professionals would like to go, especially if it is later in your who’ve been hired to “generate results.” career,” Dodd suggests. Thus, a successful career in consulting can provide the ultimate competitive edge when Once a Consultant, Always a Consultant looking to transition back to that marathon known as “industry.” Former consultants who have ascended the CEO Clayton, reflecting on his own career corporate ladder continue to recognize and trajectory, says it all: “You do not appreciate appreciate the depth and rigor of their days in the skill set from consulting until you hire management consulting. Andrew Gengos (’91), people who do not come from consulting.” VP of strategy and corporate development at Amgen, says a consulting background sets you Kathryn Ullrich Associates, Inc., www.ull- up “to be able to play” at multiple levels in any richassociates.com, specializes in the recruit- organization. “You need to know when to ment of senior-level executives for software manage and when to go deep down to the guts; and consulting companies. UCLA Anderson when to roll up your sleeves and when to ele- alumna Ullrich (’92) combines proven search experience with working knowledge of high- technology functional skills and industry experience to find top executive talent. For more information on “Getting to the Top,” visit www.alumni.anderson.ucla.edu.

www.anderson.ucla.edu 37 1510 assets spring CN 5/3/07 6:49 AM Page 38

A Passage to India Alumnae Reunite for a Good Cause By Paul Feinberg

his story begins in Los Angeles in 1997, “It was a way to stay connected and keep where a group of women met in a classroom learning,” Brownlee recalls. ALUMNI at UCLA Anderson. It picks up a decade The group met regularly for about two years CONNECTIONS T later, in India of all places, where another before the members started peeling off. Sager group of women now benefits from that auspi- moved to the Bay Area, Harlow to Australia and cious meeting. Zhdanovich-May headed off to Mississippi. Charlotte Brownlee, Kristin Sager, Ilene They decided to put the group on hold, invest Resnick, Ferrell McDonald, Maria (Masha) their money in an index fund and let the princi- Zhdanovich-May, Pam Dressler and Janet pal grow without them. Harlow first bonded as members of the full-time MBA Class of 1997. After earning their degrees, Uniting Through Unitus the women stayed in touch, eventually forming Kate Cochran is yet another member of the an “investment club” designed to keep their ana- Class of '97. Currently, she is the vice president lytical abilities sharp and their research skills of finance and operations at Unitus, a firm that refined. Each month, they convened to discuss investment strategies, share their collective insights and select stocks for purchase.

38 Spring 2007 1510 assets spring CN 5/3/07 6:49 AM Page 39

fights global poverty through microfinance. By and proposed to the group that Unitus could modeling best practices culled from the venture facilitate a humanitarian action on their behalf – capital, investment banking and strategy con- and also serve as the catalyst toward reuniting sulting industries, Unitus works to increase the investment club's scattered members.

The group as a whole invested more than $13,000 with Unitus, and Cochran arranged for a trip to India where her former classmates would meet the women whose lives were directly impacted by their gift.

access to microfinance services among the “I knew from Kate that Unitus did partner globe's poorest citizens. The goal is to accelerate expeditions,” Brownlee explains. “I thought we the ‘growth‘ of the world's highest-potential could invest the money and then travel to India emerging microfinance institutions (providing together to see the gift at work.” capital investments and capacity-building consulting) so that those same institutions can better provide life-changing financial services to the working poor. Put more simply, Cochran says, “Unitus helps microfinance companies increase their reach.” Cochran discovered Unitus about four years ago upon moving to Seattle and attending an event that featured the company's chairman. Inspired, she joined the firm in a fundraising capacity, running that division for two-and-a- half years. Throughout that period, Cochran gradually transitioned to the operations side, and last year, she began to oversee the company's financial functions while maintaining her relationships with such large, institutional Cochran says, “I remember Charlotte called From left: Janet Harlow (’97), investors as the Gates Foundation. and said, 'We have this portfolio; it's worth Pamela Dressler something, and we aren't managing it right now. While Cochran was growing into her position (’97) and at Unitus, Brownlee was pondering ways in which I want to make a proposal to the club that we Charlotte the post-Anderson investment club could reunite Brownlee (’97). and put their money toward a good cause. As it was, Brownlee and her husband, Alex Corman ('96), had remained close with former classmates Cochran and her husband, Jeff (also '97). Brownlee connected the dots, contacted Cochran www.anderson.ucla.edu 39 1510 assets spring CN 5/3/07 6:49 AM Page 40

The trip really gave us a better appreciation

ALUMNI for the things we have, the things we CONNECTIONS take for granted and the things we can do for others.

donate it to an organization that would make a and families there. During the trip, Brownlee difference in the lives of women – and I thought says she was struck by many things, including of you.'” the harmonious and nonjudgmental way in Much of the work Unitus does actually which Hindus and Muslims lived peacefully as ‘‘ neighbors in small villages. In Bangalore, the investment group met visionary CEO Samit Ghosh of Ujivan, whose life, Brownlee says, could be a “b-school case.” The mission of Ghosh's institution is to provide financial services to the working poor. The goal for his customers is to be free of poverty within five years. The American MBAs encountered several success stories in their travels. They met a group of Indian women who built a business taking emptied bags of grain and re-stitching them so they could be recycled and used as layers under concrete slabs. They met a female entrepreneur who used a loan to expand her herb-selling business to include coconuts, which have a longer

From left: Pamela shelf-life. And then there was the widow, aided Dressler (’97), focuses on women, Cochran says, and many of by microfinance, who was paying off debts left Charlotte the firm's partners target women exclusively. behind by her late husband. Though the scale Brownlee (’97) , She set up a Web conference with the Anderson and circumstances varied, the links between Kate Cochran investment club, explained the company's model entrepreneurial women working to feed their (’97) and Janet to her fellow alumnae and demonstrated what a families and better their communities were clear. Harlow (’97). donation to Unitus would mean. The entire experience proved valuable on The group as a whole invested more than multiple levels, Brownlee reflects. While it was $13,000 with Unitus, and Cochran arranged for rewarding to see the impact of microfinance up a trip to India where her former classmates close and in person, the opportunity to deepen would meet the women whose lives were direct- ties between old friends and Anderson alumnae ly impacted by their gift. was just as significant. “It's funny that we had to go to India to get “All of us used the time to reflect,” Brownlee back together,” Brownlee says of her maiden says. “We were able to have those deep conver- voyage to that country. She was joined by sations with multiple layers that you aren't Cochran, Dressler and Harlow. always able to have when you just meet someone for dinner. The trip really gave us a better appre- Indian Giving ciation for the things we have, the things we take While there, the Anderson alumnae visited for granted and the things we can do for others.” Unitus partner microfinance institutions in urban Bangalore; they also traveled to rural areas to see how microfinance impacted the lives of women

40 Spring 2007 1510 assets spring CN 5/3/07 6:49 AM Page 41

Grow Your Network

A vital alumni community plays a crucial role in our continued success. Expand your personal and professional network, give back to the school and stay informed about what’s going on at UCLA Anderson.

• Nominate an Alumni Award Recipient. • Apply for an Alumni Board Position. • Join the UCLA Anderson LinkedIn Group. • Volunteer for a Reunion Committee. • Become a Chapter Leader. • Update Your Profile.

www.alumni.anderson.ucla.edu/growyournetwork • Come Speak at UCLA Anderson. • Hire UCLA Anderson Alumni. • Attend an Alumni Event. • Contribute to Class Notes. 1510 assets spring CN 5/3/07 6:49 AM Page 42

In the recent feature film “Freedom Writers,” Hilary Swank stars as a vision But underprivileged high school kids are not the only beneficiaries in this tale. The char as well. AThe nEdenrglsisohn t eaSchetr uadt ethneHt film’s edlrpasm atGic coruei dise based on the educator Erin she shared with F150r “euneteadchaoblem teen sW” in rthiet beestrsselli ngF boook,u “Tnhde Fatrieeodomn Writers By Paul Feinberg Themselves and the World Around Them.” The book became an international sensation

Teacher and 150 Teens Used Writing to Change Themselves and the World Around Them.” The book became an international sensation, and the lives of Gruwell’s original students – the Freedom Writers themselves – were forever changed, with most ultimately going to college. Today, Gruwell is president of the Freedom Writers Foundation, an organization now dedicated to spreading her educational philosophies, theories and message to other teachers. Assisting her in this inspiring quest is UCLA Anderson student Faye Walsh (’08), a second-year candidate in the Fully Employed MBA Program (FEMBA).

Meeting of the Minds Walsh splits her time between the UCLA Anderson classroom and the Freedom Writers Foundation, and says she considers her link to Gruwell to be steeped in serendipity. She first ALUMNI n the recent feature film “Freedom heard of the Long Beach teacher in 1994, CONNECTIONS Writers,” Hilary Swank stars as a vision- when an article appeared in the Newport ary high school teacher committed to Beach Daily Pilot. Walsh’s Aunt Polly was I transforming the lives of inner-city stu- inspired by the educator’s unique approach dents. But underprivileged high school kids to empowering teens through writing. She are not the only beneficiaries in this tale. The took up Gruwell’s torch and volunteered in character Swank portrays has changed the life the Freedom Writers’ classroom, sharing of a UCLA Anderson student, as well. her enthusiasm for the program with her The English teacher at the film’s dramatic idealistic niece. core is based on the educator Erin Gruwell of Long Beach, Calif. Gruwell chronicled the classroom experience she shared with 150 “unteachable teens” in the bestselling book, “The Freedom Writers Diary – How a

42 Spring 2007 1510 assets spring CN 5/3/07 6:49 AM Page 43

visionary high school teacher committed to transforming the lives of inner-city students. he character Swank portrays has changed the life of a UCLA Anderson student, Erin Gruwell of Long Beach, Calif. Gruwell chronicled the classroom experience Writers Diary – How a Teacher and 150 Teens Used Writing to Change nsation and the lives of Gruwell’s original students – the Freedom Writers themselves

In 1999, Walsh was working for the ‘secret sauce?’” He needed assurance that the prominent Southern California law firm Freedom Writers Foundation could spread the Gibson, Dunn & Crutcher, with an eye “Gruwell gospel” successfully and educate toward attending law school. When Gruwell other teachers to utilize decided to campaign for Congress, Walsh fol- the methodology she’d lowed her Aunt Polly’s lead and lent her sup- refined. Walsh and port to the educator’s mission. Gruwell believed they “We felt like we were changing the could, and the pair world,” Walsh says. But when Gruwell lost became partners. “Erin is the bid for Congress by less than 1,000 votes, the dreamer,” Walsh says, Walsh was devastated. She took a business “and I help turn the development position in Gibson, Dunn & vision into reality.” Crutcher’s Paris office. It was during her The duo knew they three-year stint in France that Walsh focused had a good story to tell, much of her energy on business and market- and one of the first ing, opting to forgo a law degree and seek an orders of business was to alternative career path. mesh that story with an effective business plan. The UCLA Anderson Connection Kayne suggested a con- Upon returning to California, Walsh sultant in the person of Faye Walsh (’08). reunited with Gruwell, who enlisted her to UCLA Anderson Professor Bill Cockrum. “I get the Freedom Writers Foundation off the was drawn to Bill,” Walsh recalls. “He cared ground. It was at this time that Walsh made about teaching, and he believed in us. But he her initial UCLA Anderson connection. Ric Kayne (’68), CEO of Kayne Anderson Capital Advisors and member of Anderson’s Board of Visitors, signed on and provided the seed Walsh and Gruwell knew money to expand the foundation beyond Long Beach. they had a good story Kayne was well aware that Gruwell had to tell, and the pair became partners. achieved profound success in the classroom. But he also knew there was only one Erin Gruwell. According to Walsh, Kayne asked the essential question: “Can you bottle the ‘‘ www.anderson.ucla.edu 43 1510 assets spring CN 5/3/07 6:49 AM Page 44

In the recent feature film “Freedom Writers,” Hilary Swank stars as a vision But underprivileged high school kids are not the only beneficiaries in this tale. The char as well. The English teacher at the film’s dramatic core is based on the educator Erin she shared with 150 “unteachable teens” in the bestselling book, “The Freedom Writers Themselves and the World Around Them.” The book became an international sensation

also felt we needed polish.” Walsh wrote a business plan – with Cockrum providing tough-but-helpful assistance – and succeeded in raising additional funds for the foundation. The winning collaboration with Cockrum ALUMNI inspired Walsh to pursue an MBA at UCLA CONNECTIONS Anderson. She chose the FEMBA program as it best melded with her lifestyle. “I couldn’t imagine not working while going to school,” says Walsh. “It’s been an incredible out how supportive the Anderson community experience. I love the diversity of the student has been. For example, Professor Andrew body, and I’m lucky to combine my education Ainslie allowed Walsh to study her own with a unique professional life.” company as a class project in order to best manage her multiple and interrelated School Days commitments. Walsh already has seen her class work And despite the frenzy that comes with make an impact on her professional output. participating in a major motion picture “I leave class and immediately apply the theo- release, having a film in your promotional ries and knowledge I’ve learned to the package is a marketing dream come true, Freedom Writers Foundation,” she says. She Walsh says. “It’s amazing… the single most cites her courses in organizational behavior powerful marketing tool that anyone, particu- and human resources as being “surprisingly larily a non-profit organization, could ask beneficial” and now appreciates that learning for.” The task ever since, she says, has been to to work with and manage people is the most leverage the film and use it to take the valuable skill a manager can have. She quotes Freedom Writers Foundation to another level. Professor Barbara Lawrence when noting, “if you cannot manage people, you will never Working the Program successfully manage a business.” As executive director, Walsh oversees the Since the January 2007 release of the film foundation’s programs: The Freedom Writers “Freedom Writers,” Walsh’s greatest challenge Institute, Outreach and Scholarships. The first is has been managing her work/life balance. the teachers’ training program. The second sup- School, she says, is sometimes a respite from ports Gruwell and the Freedom Writers' mission her job, an intellectual escape during which to share their story. The third program is a she gets to reflect on her work. She says that scholarship fund for the original Freedom some of her best ideas for the foundation come during class. And she is quick to point

44 Spring 2007 1510 assets spring CN 5/3/07 6:49 AM Page 45

sources of income so the foundation does not have to rely on charitable giving alone. She is pleased to participate in the first Anderson course on social entrepreneurship, taught by Jonathan Greenblatt, which helps her generate ideas for financing the foundation. All the while, Walsh remains focused on the long- and short-term goals of the Freedom

Writers (many of whom are still in school) and students of similar background. In addition to Walsh wrote a business plan – with overseeing the foundation’s programs, this Anderson student also manages the Freedom Cockrum providing tough-but-helpful Writers budget, oversees 11 full-time staffers, assistance – and succeeded in raising additional interacts with the board of directors and education advisory, seeks new revenue streams and, funds for the foundation. well, the list goes on and on. She also accompa- nies Gruwell on the road to many of her 100- Writers Foundation. In the short term (18 plus speaking engagements each year. months), the foundation plans to train five times On top of everything else comes the most ‘as ma‘ny Freedom Writer teachers into the fold challenging task: fundraising, marketing and as they have now, from 30 to 150. “The sales of books and materials. As a 501(c)3 Freedom Writers Diary Teacher’s Guide,” which non-profit organization, the foundation seeks outlines Gruwell’s education methodology, is diversity in revenue streams, bringing in dol- due out in August this year. Walsh and her team lars from private donors, corporations and in- plan to triple the $500,000 annual budget and kind donations, in addition to earned income build the educational credibility of the founda- from book and DVD sales, fees for service tion by documenting real results linked directly and royalties. (The movie itself is no longer a to the foundation’s methods. source of revenue; the filmmakers paid origi- For the long term, Walsh says the founda- nally for the rights to the story and those tion’s goals include growing the organization funds were invested in the foundation to sup- and institutionalizing the Freedom Writers port the original Freedom Writers. But the methodology not only through students, but foundation does not share in the film’s the- through the teachers coming into the program. atrical royalties.) As a committed social entre- For more information on the Freedom preneur (Walsh is a member of the Social Writers Foundation, you can visit www.free- Enterprise Institute, a YPO-model for non- domwritersfoundation.org. profit directors), Walsh seeks alternative www.anderson.ucla.edu 45 1510 assets spring CN 5/3/07 6:49 AM Page 46

CLASSNotes

You are educated. Your certification is in your degree. You may think of it as the ticket to the good life. Let me ask you to think of an alternative. Think of it as your ticket to change the world. — Tom Brokaw

‘‘ MS (1972) and PhD (1973) from the 1984 Full-Time MBA Class Notes by 1960 UCLA Anderson School of Management. 1982 Assets has received notice that Joanne Haase He lived in Monterey, Calif., and retired Full-Time MBA Class Kermit James Sadler passed from the faculty of the naval postgradu- Correspondent: away on Jan. 10, 2006, after a short We had a fun mini-reunion in Los ate school in 2001, having been a mem- illness. Born March 14, 1933, in Garry Tyran Angeles in October. It began with ber for 23 years. He was devoted to Wilmar, Calif., Kermit had a manufac- h: (301) 652-6632 Mark Triska, Hilary Kraft and scholarship and his students. Born Nov. turing business, Plasti-Clad, in the e-mail: Lucy Lewand joining me for on-cam- 14, 1931, he died of esophageal cancer. Westside area of Long Beach since the [email protected] pus activities during alumni weekend and He is survived by his wife, Barbara early 1970s. He graduated from 1982 Full-Time MBA Class Notes by then meeting up with Charlie Morais-Evered, his sons, Duncan Evered, Huntington Beach High School, and as Garry Tyran Coleman, Terrance Mason, Randolf Evered and Timothy Evered, and a Korean War veteran, he attended Martha Zapeda, Mike their mother, Judith Evered. Long Beach State College on the GI This fall, Senior Associate Dean Al Charlasch, Lisa Gold, Arturo Bill. He was student body president Osborne visited Washington, D.C. While Albin, John Landau and Mark’s wife, there in 1958-59 and was active in the here, I had a chance to get together with Maria, in Westwood for dinner. There were business fraternity Alpha Kappa Psi. In 1976 him for lunch in Chevy Chase, and it was great stories and laughs shared by all. … the 1960s, he worked in the aerospace Full-Time MBA Class great to catch up. Among other things, Mike Charlasch was grinning from ear to ear industry, including on the Apollo 1 Correspondent: Al and I talked about our upcoming 25th telling us about his return to the music project in 1967. Paul Bowinkel reunion which will be held on Oct. 12- industry after completing his first week of e-mail: paul.bowinkel.1976@ander- 13, 2007. I hope that all of you can work in his new position as vice president of son.ucla.edu attend this, which is shaping up to be marketing logistics with Universal Music 1961 our best one yet! If you have not written Group. He’s happy to be back in the Michael E. Shonstrom writes in, for a while, please feel free to e-mail me “eccentric music industry culture with the “I started as an analyst with Lehman 1980 with any news you would like to share world’s largest music company (about a 33 Brothers on Wall Street in 1965, and about yourself or others. And if you percent share of the recorded music indus- I’m still at it. I was recently inter- have never written, now is the time! try worldwide!).” In his new position, he viewed by Mark Haynes on CNBC in Thanks in advance for taking a moment oversees media planning, online marketing recognition of my ranking as the top to send me an update and/or a photo. and digital pre-press. The company is analyst in 2005 by Zachs Investment based in Santa Monica but has record labels Service with a 176.5 percent gain and in New York, Nashville and Miami which have been rated a Five-Star analyst by EMBA 1984 affords him regular trips to all those hot Zacks in four of the last five years. I Sarah Shinn Pratt and family. EMBA Class Correspondent: spots. … Martha Zapeda swore us to was also identified as the top stock secrecy as she regaled us with her new Sarah Shinn sent in a photo of herself John Scillieri picker of the year in 2004 by venture plan. … Lisa Gold revealed that at the Imperial War Museum in London e-mail: john.scillieri.1984@ander- Forbes.com/Starmine Best Brokerage among her many talents is the fact that she with her husband, Wayne, and two son.ucla.edu Analyst rankings with a stock showing writes screenplays. … Arturo Albin (busi- a 546 percent gain. Just thought I sons James and Henry. The photo was ness analyst at Seminis) was enjoying being would share this.” taken Thanksgiving weekend 2006. out for a party while his wife was out of She is president of LeBaron Antiques 1984 town, and Terrance received a lot of ribbing Trading and has been a guest apprais- Full-Time MBA Class (primarily from Martha) about succumbing 1972 er on PBS “Antiques Roadshow” for Correspondent: to the slower pace of married life. … John Assets has received notice that Roger the last seven years. She is also in the Joanne Haase Landau (COO at Trimark Pacific Homes) D. Evered passed away on July 8, real estate business in Litchfield e-mail: joanne.haase.1984@ander- made us laugh with many of his witty 2005, at the age of 73. He received his County, Conn. son.ucla.edu observations about life. Charlie Coleman

46 Spring 2007 1510 assets spring CN 5/3/07 6:49 AM Page 47

happily reported that working for the power EMBA 1985 seeking opportunities with companies EMBA company (corporate communications, in California, Arizona and New Mexico 1987 Southern California Edison) is more enjoyable EMBA Class Correspondent: to help them “dispose” of (find other EMBA Class Correspondent: than one might expect. … Hilary Kraft still David Potyk buyers for) large high-tech manufac- Roger Plotkin rules her kingdom on Sticker Planet (her cat- e-mail: turing, warehouse and office build- e-mail: roger.plotkin.1987@ander- alog business!). … Terrance Mason is with [email protected] ings, wherever they may be in the son.ucla.edu Boeing, working with some heady stuff such world. Doug can be reached at: as technology licensing and intellectual prop- (602) 912- 5756. They also represent erty management. … Mark Triska and Lucy 1985 developers who need to identify 1987 Lewand assumed responsibility for the wine Full-Time MBA Class potential tenants for large-scale com- Full-Time MBA Class choices as they both are “in the business” mercial projects. More news and notes Correspondent: Correspondent: these days. In fact, Mark reports that despite Peter Cowen from: Andrew Shapiro, who the heat wave in August, he harvested 2.5 e-mail: peter.cowen.1985@ander- writes to let us know that Infovest Mary Lor tons per acre of merlot from Triska Crane son.ucla.edu 21's Strategy Focus, a monthly publi- e-mail: Ridge Vineyards in October. Wente Vineyards cation focusing on specific hedge [email protected] took most of the fruit for their Livermore fund strategies, featured him and 1987 Full-Time MBA Class Notes by Valley Crane Ridge Reserve Merlot (so bring a Lawndale Capital Management, the Mary Lor bottle to your next party and boast you know 1986 money management firm he founded Full-Time MBA Class the grape grower). The fruit quality was and has led for the past 14 years. Has it really been 20 years since we graduat- excellent and despite a lower yield, he expects Correspondent: The article highlights Andrew's ed from UCLA and went our separate ways? great results when it’s released in 2008. … Robert Simoni activist strategy and recent success- Will you be going to the reunion this fall? In mid-January, a small group got together for e-mail: robert.simoni.1986@ander- es. The stock market's recent focus Write and let me know! A few of our class- brunch in Marin County. Erich Sylvester, son.ucla.edu on corporate governance matters has mates have recently moved to Colorado. Gordon Matthews, Mary Kay 1986 Full-Time MBA Class Notes by kept Andrew, a specialist in the area, Mark Lies writes, “After nearly 20 years of [Ganobcik] Hardwick, Susan Robert Simoni busy traveling the country speaking the rat race from San Francisco to New York Mulloy and I had a nice time catching up. on governance reforms and his unique to Chicago to New York to London, I decided After moving up to the Bay Area from Los Doug Heller was just recruited activist investing style. Andrew and to ‘take a break’. My wife, Donna, and Angeles a couple of years ago, Erich contin- from the commercial real estate firm, his firm are based in the San my three boys, Max, 12, Michael, 9, and ues the business valuation practice he runs Colliers International, to Binswanger, a Francisco Bay Area, in the pictur- Matthew, 6, are happily settled in Denver. We with his wife from their uniquely sited apart- Philadelphia-based commercial real esque town of Mill Valley, where he is love the quality of life, the skiing, easy access ment in the Presidio (his landlord is the non- estate firm, to help establish an also active in coaching his children's to anywhere in the Unites States, pretty profit Presidio Trust). He’s the “go-to” guy office/presence for them in Phoenix. sporting teams and helping out in decent sports teams, great people and awe- for anyone looking to value a business for As vice president, he will focus on their classrooms. some weather. So for the time being, I am estate or legal purposes, and it was fascinat- ing to hear how he goes about doing it. He also offered to host a recreational day at the Presidio (including golf, swimming pool, a specially guided tour of the Presidio grounds). For those out of the area, the Publishing Seventh Book Presidio now houses LucasArts, and a full size statue of Yoda is there for all to enjoy Victor P. Whitney (’56) recently published his seventh book, “The Art of Trusteeship,” a timely treatise (Star Wars still lives!). Gordon enjoys being a real estate investor and savors the days he on how to manage assets for the benefit of others. Over the last 50 years, millions of Americans have has left with his high school daughter (the created trusts in which they have named friends and/or relatives to serve as trustees. A serious conse- older daughter has already left home and is in her second year at Radcliffe). Mary Kay quence is that many uninformed, well-meaning trustees are being sued for malfeasance, misfeasance, has carved out a consulting niche in the fraud and self-dealing every year. The book is designed to help them avoid the hazards of serving, medical device and pharmaceutical indus- including this time-consuming and costly litigation. tries that enables her to work from the comfort of her home in Alameda. Susan is Offered by Trafford Publishing, the book outlines trustee powers and responsibilities and explains a woman of many talents and has had a how to manage various types of investments properly. Further it illustrates how a trustee can exercise multi-faceted career, ranging from being a bank economist to providing case manage- discretion with minimum potential liability and how a trustee’s investment management activities differ from those of the ordinary investor. ment services to the homeless. Her com- In addition, it discusses taxes that trusts have to pay and how to account to trust beneficiaries. mitment to helping those who struggle was very inspirational. … Lastly (but not least!), “My book is intended to help any current or prospective trustee,” says Whitney. “In addition, trust and estate attorneys and financial kudos to Richard Rocke for making the planners will find it useful in counseling their clients.” Wall Street Journal’s top 10 mutual funds list Whitney is a retired senior vice president of J.P. Morgan Chase. He has devoted 50 years of his life to designing and administering for 2006 with his HighMark Large-Cap Core Equity Fund. He’s the portfolio manager trusts. In addition, for the past several years he has served as an expert witness in contentious trust matters. (and vice president of quantitative strategies) at HighMark Capital Management in San Francisco.

www.anderson.ucla.edu 47 1510 assets spring CN 5/3/07 6:49 AM Page 48

CLASSNotes

doing some private investing on my own and Another new Colorado resident is Chris son.ucla.edu Don’t see nearly enough of old friends working with other alums on different invest- Imamura who lives in Aurora. He 1988 Full-Time MBA Class Notes by from UCLA all the way out here in the ment opportunities.” Before he left the cor- writes, “I’m now working for SAP, the Gigi Johnson Lone Star State, but did have a chance to porate world in 2005, Mark had worked at big software company. I lead the West catch up with Nick Donath (who won’t Bank of America, Bear Stearns and Lehman Region for our value realization group, From Kim Meyer, Vienna, Austria — write himself, I know) when he was here Brothers. … also moved Farley Bolwell which works with our customers to consultant, bass guitarist — “I graduated for a tennis tournament — who is doing to Colorado in 2005. He lives in Eagle with his ensure that they achieve the benefits from the The Guitar Institute in London fantastically well in Las Vegas these days!” wife, Kara. They recently became parents to from their investment in our software. with a diploma in popular music perform- ... From Andrea (Tobias) Jones, daughter Anna, who was eagerly welcomed I’ve been here for about two years now, ance on bass guitar in July. Back to Bellmore, N.Y., consultant, entrepreneur, by her 9-year-old sister, Olivia. After gradua- and although it’s a bit of a change from etc., — “It was an eventful year profession- tion, Farley joined Merrill Lynch and spent being a consulting partner at Ernst & Vienna (now home) and after completing a consulting gig in regulatory economics in ally. I began working for CMP Publications most of his 18-year Wall Street career Young/Cap Gemini, it’s been a great ride as a freelance copy editor in 2005. I left there, splitting his time between New York so far. After leaving Cap Gemini, I did the mobile industry, I hung out my bass shingle and am now working with three with one of my friends there and and London. Using the wonders of technol- some independent supply chain consult- embarked on a couple of business ven- ogy from his home base in the Rockies, bands. A crazy mix: jazz, alternative metal ing for about a year before hooking up tures together. The first, Industrial Strength Farley now mostly works with start-up with several other ex-colleagues at SAP. and blues! [Just did] my first gig for Marketing Communications, is a business- companies, providing advisory and financial On the personal side, I’m now living in 1,000 people. It’s a very strange life, but to-business advertising and public relations support. These companies are based in the Colorado after spending my entire life in so far I like it.” ... From Adrienne agency. The flagship client is Bag End, a United States, Europe and Asia and cover a California. It’s been quite the adjustment (Denny) Leigh, Houston, Texas, wide range of industries. Both Farley and with all the snow, but the great housing FranNet of Houston and Signs of Success, manufacturer of professional-quality audio Mark went on a trip to Ireland in value makes up for much of it. — “After seven years, I would say I’m still equipment. The second, Event Support September 2006 with 18 other classmates adjusting to living in Houston! What’s Professionals (ESP), provides audiovisual to golf and celebrate 20 years of friendship. keeping me here these days are two busi- production and support for conferences EMBA 1988 nesses: Frannet (franchise consulting, and seminars including such services as EMBA Class Correspondent: working with people who are interested in equipment procurement, PowerPoint pres- John Davis starting their own business to find a busi- entation development and event scripting. I e-mail: ness that will be a good fit for them) and have worked two conferences so far, one [email protected] also Signs of Success (an actual sign com- at the La Quinta Resort and the other at pany, manufacturing interior and exterior the Arizona Biltmore (tough tours of signage). Who would have thought after duty!). ESP just landed Dow Jones those days when I did NOT take any class- Financial Services as a client, specifically 1988 for a conference held at the Grand Hyatt Back Row (left-right): Matt Avery, Ken Beall, Mike Full-Time MBA Class es in the entrepreneurial studies program Wheeler, Brad McKinney, Farley Bolwell, Mike Wall, Rich there at UCLA (and wish I had now)! My in New York City.” … From Nora Hogan, Steven Anderson, Anthony Stalker, Shahan Correspondent: Byrne Fitzpatrick, St. Paul, Minn., Soghikian and Dave Saeta. Front Row: Frank Flynn, daughter, Kathryn, is now 10 and was Brooks Corbin, Steve Klein, Mark Lies, Mike Escalante, Gigi Johnson selected as a student ambassador to go on assistant dean of administration, University Craig Phillips, Buzz Brown, Ed Stearns and Todd Kupfer. e-mail: gigi.johnson.1988@ander- a two-week trip to Australia this summer. of St. Thomas, — I’ve been working since 2002 at the University of St. Thomas, helping them to launch their law school. UST Law recently received full accredita- New CFO for Photon Dynamics Inc. tion by the ABA, and we are in a new, more established stage of organizational Michael W. Schradle (’71) has been appointed CFO of Photon Dynamics Inc., a leading global supplier development. I’m still enjoying all the new of integrated yield-management solutions for the flat panel display (FPD) market. Founded in 1986 challenges. It has been a truly magical year for me, and I’m looking forward to and headquartered in San Jose, Calif., the company develops systems that enable manufacturers to 2007 being even more exciting. That’s decrease material costs and improve throughput. about all I can handle for now!” ... From Howard Norman, Phoenix, Ariz., "We are pleased to welcome Mike to the Photon Dynamics executive team and look forward assistant director, professional programs, to his contributions to the company," says Jeffrey Hawthorne, president and CEO of Photon extended education, Arizona State, — (He was trying to think up something interest- Dynamics. "Mike is a seasoned executive, and we are confident that his extensive career in both ing to submit, but would like to help get an Fortune 500 companies and smaller public and private high-tech companies has given him the breadth and depth of finance and oper- Arizona alumni chapter off the ground.) … ational management experience to support our continued leadership in the flat panel display market." Schradle's career spans more than 30 years. He most recently served as the vice president of operations and CFO of fabless semiconductor company Micro Linear Corporation. Prior to that, he was a consultant from January 2000 to July 2000 for David Powell Inc.'s financial services division, which provides interim CFO support to emerging companies. From January 1998 to January 2000, Schradle was CFO of Arithmos Inc., a semiconductor company. Prior to joining Arithmos, he held various financial executive and management positions in high-technology companies, including Intel Corporation, Daisy Systems and Raychem Corporation.

Eric Filseth at the San Diego Marathon.

48 Spring 2007 1510 assets spring CN 5/3/07 6:49 AM Page 49

From Eric Filseth, San Jose, Calif. political liberalism). Life is good, real pursuing their personal fixations are tol- Barak Lurie hasn't written in for a long (and San Diego) vice president, digital IC good.” … From Norihiko Kato, erant of our behavior.” … From Gigi time. In fact, not once since graduating. implementation, Cadence Design Bahrain, regional head, Middle East & Johnson, Monrovia, Calif., For shame. Anyway, he went off to be a Systems. Eric staggers over finish line at general manager, The Bank of Tokyo- president/producer, Maremel Media; lawyer for a while, first in San Diego, and San Diego marathon June 2006 (his Mitsubishi UFJ, Ltd. Bahrain Branch, — UCLA Lecturer, — “ I have become a then Los Angeles. He quit law in 1999 to words!). … From Jack (Jianxiong) “After enjoying life in Amsterdam for “hyper-hyphenate,” as I’m trying to pur- become CEO of an Internet company. Sun, Shanghai, China, DKD Logistics, — three years, I moved to Bahrain last sue all my interests at the same time [That should be enough said on that.] He “I have been in China for the last 11 September where the heat was hitting with my own two companies. So I’m went back to law, soon becoming general years, after seven years with Procter & nearly 50 degrees centigrade. Since then, consulting to media companies; produc- counsel to the owner of the Los Gamble in Cincinnati, Ohio. Upon return I’ve been making trips all over the Middle ing “How2Kids” digital media literacy Angeles Clippers, handling principally to China, I started with Star TV, manag- East. It’s another exciting and a bit chal- kids’ show on cable and broadband TV his real estate matters. He opened up ing their first media JV there. I switched lenging expatriate life.” … From (www.how2kids.com); teaching new his own law offices in 2003 in West to China.com in 1999 and then Armando Pedroza, Irvine, Calif., media to undergrads, MBA’s and interna- Los Angeles, focusing on real estate Henderson group a year later to establish senior vice president, Citigroup, — “I tional media execs at UCLA Anderson and business litigation and transactions its internet/high tech arm: Henderson haven’t started a company; don’t play in (with the help of all sorts of great UCLA and loves it. In the meantime, he lives in eSolutions. At the beginning of 2002, or a band; don’t run marathons; don’t live in Anderson alumni); doing folk sing-along Brentwood with his wife, Stacey, and the worst time for the high tech industry, a foreign country (not that there’s any- concerts at libraries and museums; win- son, Max. He hopes to hear from you! the group decided to close down the thing wrong with that), but I have a won- ning top vocalist in traditional music at … From Rodney Click, soon from Henderson eSolutions. This led to my derful life, have lots of fun and am near- the Topanga Banjo and Fiddle Contest in Cambridge, Mass., Financial Planning takeover and the establishment of DKD ly famous to my kids. Sheryl and I have May; (still) selling my kids’ album, and Analysis, Avery Dennison, — “I am Logistics, a software ASP operator in been married for 18 years and we have “Crunchy PartyMix” (found on iTunes, moving to Cambridge, Mass. to start a partnership with the Tianjin Customs, two wonderful daughters. Dani is 13- CDBaby.com, etc.); run/walking 5Ks and new job. I will still be working at Avery managing export processing for over going-on-12 and Monica is 9-going-on- half-marathons; leading two Girl Scout Dennison doing financial analysis, but 2,000 companies ranging from Motorola, 12. I am in my 17th year with Citigroup. Troops; and spending as much time as I now I will be working with the Staples Samsung, LG and others there. I have I am a senior vice president, and I run can with my hubby, Brian (MBA sales team, which is based in Framingham, been running the operations in Tianjin our restaurant franchise finance business ’93), and three kids, now 9, 11 and 13 Mass. My wife, Emily, has taken a posi- and Shanghai for the last five years. I out of Irvine, Calif. Essentially we are a (all who are in the cast of How2Kids). tion at Harvard Divinity School as assis- married Jessie in 1993 and have since specialty finance company of about 100 Whew! Some of this pays the bills; most tant dean for ministry studies. She spent added two boys: Adrian at 12 is in his people; our loan customers are very fills the heart. The year ahead will be seven years as a student to complete first junior high year and Michael at 7 is large franchisees of the top 10-or-so U.S. filled with TV production and more music her doctorate while working full-time at in grade two. … From Lauren food franchises (KFC, Taco Bell, etc.). I as How2Kids develops (stay tuned), and I Claremont School of Theology as field (Ward) Larsen, Boulder, Colo., speak- work long hours but am trying to figure expand back into jazz standards concerts. … education director. We are looking for- er and fundraiser, — “I’m in my sixth year out how not to. More importantly, I was ward to relaxing weekends in and of a United States speaking tour to pro- Indian Chief of my daughters’ Indian around New England now that my wife mote volunteer blood donation (the past Princess tribe (Chief Brown Bruin), and I is no longer a student. Our son, John, is four of which have been underwritten by enjoy music, my Mac, family, friends and continuing at Earlham College in Johnson & Johnson; thank God for the the Bruins. I was in Indianapolis in April Richmond, Ind., majoring in art and pho- Band-Aid people). I’ve also turned my to watch the Bruins in the Final Four, tography. Our daughter, Amy, now attentions to fundraising for other causes South Bend in October to watch UCLA almost 18, is finishing her senior year at about which I care — the Preeclampsia vs. Notre Dame and the Rose Bowl on Claremont High School. She is in the Foundation (seeking a cure for this Dec. 2, 2006, where the Bruins stunned honor choir, Chamber Singers, and is James Green. potentially devastating pregnancy-related USC — and am still enjoying the after- very active in musical theater. She will disorder) and redevelopment projects in glow.” … From Sally (Simpson) From James Green, New York, N.Y. be living with some friends in town for the war-torn areas of Southern Sudan. In Brennand, Olympia, Wash. IS Guru, CEO, Games Media Properties, — James’ her final semester, so she can finish fact, my husband is currently in Sudan Runner, — Sally is in her second year many adventures since UCLA Anderson high school in the town she grew up in. with several of our local Sudanese back in the work force on a $120 million have taken him from Lancit Media to Beginning Feb. 1, my new address is refugee friends (commonly called the IS project with Washington state, getting Disney to Pixar to Sabela Media to 24/7 Rodney Click, 165 Pleasant Street Unit “Lost Boys of Sudan”), and they’re com- providers ready (if not eager) for a new Real Media to GiantBear. He most recent- 101, Cambridge, Mass. 02139. … pleting the drilling of our first two wells, Medicaid payment system. “The project ly had been running PVI, a company Sandra Cress returned to Portland, which will bring water to thousands of has a strong state team and middling most famous for the virtual first down Ore., after two years in Tanzania as the remote villagers who have never had consultants – where were our classmates line in football and the ad behind the Clinton Foundation's HIV/AIDS Initiative access to clean water. I’ve been explor- during the bidding process?! Bob (’89) batter in baseball. He sold the company country director, and is currently working various “social entrepreneurism” had an exciting ninth year at Grays in May 2005 and very recently joined ing on special projects for the founda- models, as we want to expand our efforts Harbor Paper as the mill explores bio- Games Media Properties (GMP) as CEO. tion. This requires some travel to Africa with clean water (John Wood, founder of diesel and ethanol energy ventures. They GMP runs the world series of video but allows her to enjoy time back in her Room to Read, and Greg Mortenson, still make paper too. Our running habit games (www.TheWSVG.com) a series of beloved city. There is no place like founder of the Central Asia Institute, are crossed to obsession as we trained to live events where the best games from home! Her husband, Doug, is heading up my current heroes). Still living in and run cross-country and competed at team around the world compete to see who's the Pan African Sanctuaries Alliance loving Boulder, where we moved, when nationals in San Francisco. We enjoyed best. These events are broadcast on (PASA), a consortium of 20-plus chimp we realized “life is short.” Still don’t ski, visiting with classmates Jeff CSTV, MTV and CBS. He is living in and gorilla sanctuaries in Africa, and is busy still don’t eat tofu, but otherwise, I con- Rosenthal (’88) and Tony Coffey Manhattan with his wife and two children advocating for greater protection of “non- tinue to “Boulderize” (you know, daugh- (’89) and both ran well, with Sally fin- aged 6 and 3. … From Barak (for- human great apes,” all of whom are on the ter in a little Buddhist-esque school, juic- ishing eighth Master Woman at a 6:14 merly “Barry”) Lurie, Los Angeles, verge of extinction. 6-year-old daughter, ing kale regularly, and no shortage of pace. Our boys, 12 and 14, are happy Calif., Law Offices of Barak Lurie, — Lauren, is a second-grader at the Portland

www.anderson.ucla.edu 49 1510 assets spring CN 5/3/07 6:49 AM Page 50

CLASSNotes

French School, and entertains herself in 1990 a lot of fun, and it was great to see so many of our classmates including Todd choir, aikido and ballet. We are so happy faces from the past. For those who were not and his wife, , Full-Time MBA Class Mackey Sue Steve to be back in our “hood” and welcome there, here are a few of the highlights: Flying Pappas, Steven Perry, Phil contact from anyone who comes this way. Correspondents: in from afar were Ann Sherwood, Aris Lelyveld, Doug Fahlson, Nicolas Genevay Economon, Peter Brumbaugh, Meredith Momoda, Valerie e-mail: nicolas.genevay.1990@ander- Bernard Walker, Mark Weinstein, Graeser, Ned Doubleday, Ian EMBA 1989 son.ucla.edu Bill Sornsin and his wife, John Douglas, Joe Michener, Debbie EMBA Class Correspondent: Dave Pedersen Sterling, Janese (Anderson) (Quigley) and Andrew Gengos. Don Haselkorn e-mail: david.pedersen.1990@ander- Williams and a whole crew from the Bay The Class of ’91 Gift Committee Chair e-mail: son.ucla.edu Area including Steve Kalmbach with his Joe Delaney presented Dean Judy [email protected] wife Tiffanie and two children, Anne and Olian and Dean Al Osborne with our class Gary Vollen, Maria Hermanussen gift of $194,556 (which has since EMBA 1991 and husband Brian Marcus, Shari Fujii increased to over $200,000) with more 1989 EMBA Class with her newly-expanded family (see below), than 25 percent of our class contributing! Joe Delaney, Andrea Saliba and Thanks to all who helped reach these Full-Time MBA Class Correspondents: John Goree with his French girlfriend. goals. For more pictures, visit our class Correspondent: Sharlene Lyon The winner for the farthest traveled was web site. … John Burns e-mail: sharlene.lyon.1991@ander- Aris Economon, flying in from e-mail: son.ucla.edu Switzerland. The one who traveled the least [email protected] Steve Tobenkin was Elaine Hagan, who walked down- 1989 Full-Time MBA Class Notes by e-mail: steven.tobenkin.1991@ander- stairs from her office in the Price John Burns son.ucla.edu Entrepreneurial Center. …

For those of you who haven’t had the chance to attend UCLA’s Alumni Family FEMBA 1991 Camp called “Bruin Woods” in Lake FEMBA Class Joe Delaney presents our Class of ’91 gift to Deans Osborne Arrowhead, I highly recommend it. We Correspondent: and Olian at the Reunion Dinner. spent a wonderful week there this sum- Jeff Horn Shari Fujii and her husband, Doug, mer along with and Rich Ambrosini e-mail: doubled their family size this year, when and Christina Dodson Ambrosini [email protected] they adopted two children from Japan their family. Rich has relocated back to Class photo after dinner. Back Row: Joe Michener, Elaine last August. Shun (born March 9, 2006) the San Francisco Bay Area, where he is Hagan, Phil Lelyveld, Ned Doubleday, John Sterling. Next is a happy, playful, BIG (20 pounds at 6 the regional president of D.R. Horton’s Row: Larisa and Bill Sornsin, Gerald Brown, Brian and months!) boy, and Rina (born May 17, home building business. Their daughters, 1991 Maria Hermanussen Marcus, Valerie Graeser, Sue and Todd Mackey, Peter Brumbaugh. Middle Row: Joe Delaney, John 2006) is a sweet and observant little Lauren and Caitlin, keep them quite busy Full-Time MBA Class Goree, Aris Economon, John Goree’s girlfriend Catherine girl. The two little ones are keeping as well. … Bert Selva made a huge Correspondents: Delorme, Steve Pappas, Andrea Saliba, Tom and Angela Shari and Doug very busy, but Shari is difference this summer. He initiated a Dorsey. Second Row: Vicky Collison, Anita Frazier, Janese Maria Hermanussen Williams, Gary and Anne Vollen, Shari Fujii, Bernard Walker, still finding time to start an ovum dona- fund-raiser for a friend of his, Augie Nieto, h: 415-775-9102 Mark Weinstein, Tiffanie and Steve Kalmbach. Front Row: to raise funds to combat ALS. The event tion agency to help couples realize their e-mail: Ann Sherwood, Ian Douglas, Meredith Momoda, Debbie dream of having children. … raised well over $1.4 million in one day, [email protected] Quigley, Doug Fahlson and Andrew Gengos. and Augie has become quite a celebrity as cla.edu The Friday Networking Reception (aka Beer the money has already helped isolate 25 Bust) coaxed out locals Julie Clayton, genes that ALS patients have in common. Anne Fisher Vollen h: 415-346-1613 Frank Keating, Bill Glockner, … Lisa Brummel has been with Kevin Gorman, Katherine Lay Microsoft since 1989, where she has had e-mail: Sohigan and her family, Laurie a wide variety of positions. She was [email protected] Monteleone, Suzanne Randal recently featured in BusinessWeek as one 1991 Full-Time MBA Class Notes by Daues, Don Langley, Doug Bond, of Microsoft’s key “change agents.” She Maria Hermanussen and Anne Fisher Paul Wolf, Tom and Angela (’92) took over human resources in April 2005 Vollen Shari Fujii and husband Douglas Higashi with Shunji and Rina. Dorsey, Vicky Collison, Gerald at the “nadir of employee discontent” and . … (according to BusinessWeek), and she Brown Anita Frazier Paul Bailin’s family is also expanding changed policies on everything from since he and his wife, Jennifer, had their worker rankings to providing gym towels. first child, Eliana Reese Bailin, on Dec. 14, 2006. Paul and Jennifer welcome her and join our fellow Anderson class- EMBA 1990 mates/spouses who are also part of the wonderful world of sleep deprivation! EMBA Class Correspondent: Paul continues to direct sales at music Chris Campbell Maria Hermanussen, Elaine Hagan, Ned Doubleday, Val and multimedia agency SUGO while H: (617) 969-5386. c: (617) 872-8728 Graeser, Dean Olian, Joe Michener and Todd Mackey at the Steve Pappas, Paul Wolf, Suzanne Randal Daues, Andrea Saliba, operating Bailin Jewelers (www.bailin- e-mail: Reunion Dinner. Bill Glockner and Aris Economon at the Reunion Beer Bust. jewelers.com). … Holly O’Neill christopher.campbell.1990@ander- Thanks to all who attended our Anderson 15- Saturday’s dinner was hosted in the new reports that she was quite busy in 2006. son.ucla.edu year reunion last October! The weekend was Anderson complex and brought out more In addition to heading up the marketing

50 Spring 2007 1510 assets spring CN 5/3/07 6:49 AM Page 51

consultancy, Talking Business, she EMBA 1993 taught marketing research and branding at UCI, presented at six industry events EMBA Class Correspondent: Setting Sales and across the country and in Canada and Judith McCourt Productivity Records published two articles in popular mar- e-mail: judith.mc.court.1993@ander- keting research journals. She took a bit son.ucla.edu Eric Carlson (’83), director of North American of time off in December to enjoy Maui. … parts operations at Volkswagen of America Inc., FEMBA 1993 has been transforming the organization’s supply FEMBA Class Correspondent: chain over the last few years. Maintaining three Steven Brennan million square feet of warehouse space, they ful- e-mail: steven.brennan.1993@ander- fill around 14 million order lines per year. The son.ucla.edu plan involved implementing a completely new parts system and the construction of five new state-of-the-art facilities. The work led to setting a record in 2005 Holly O’Neill and boyfriend Joe Campobasso in Maui. 1993 with $1.1 billion in sales to the more than 1,000 dealers in the United States The Vollen family went to Disney World Full-Time MBA Class in Orlando, Fla., last December and had Correspondent: and Canada. dinner one night at Geoff Gilpin’s.... Ann Bartron Morris Additionally, the company was ranked fourth most productive among all Geoff recently bought a contracting busi- e-mail: automakers surveyed and first among all the European brands by Carlisle & Co., ness and is fixing up homes for clients [email protected] as well as on spec to resell. Geoff and 1993 Full-Time MBA Class Notes by a consulting and benchmarking firm devoted exclusively to the service parts his wife, Maria, and son, Robbie, live in a Ann Bartron Morris industry. That is up from 14th the year before with a 30 percent improvement in lovely large home and have made many wonderful friends among the families in the productivity of the parts warehouses. David Carlisle, chairman of Carlisle & Greetings and happy 2007! Hope that all the neighborhood. Watch out for the is well with all of you. Here’s the latest Co., says, “A dramatic one-year improvement like this hasn’t been seen in our 15 Green Zebra! Anne’s new company and greatest about our wonderful Class launched with the publication of the first years of benchmarking.” of 1993. Derek Alderton writes, Green Zebra guide, the guide for natural Carlson points to feedback from warehouse employees and better inventory “Brief update on my last few years. living in San Francisco. Anne and her Finally left McKinsey (where I was management as reasons for the marked improvement. “We redesigned the layout business partner were recently featured responsible for their media and entertain- on the front page of the San Francisco of our facilities for enhanced efficiency, and we’ve implemented the latest tech- ment practice on the West Coast) in Times business section. www.thegreen- 2003, and set up my own consulting nology, equipment and processes,” he says. “We lead with the principle of con- zebra.org. … Please sign up (or make business which has been a great deci- sure your e-mail address is correct at tinuous improvement.” And he anticipates another record-setting year. sion. My aviation passion continues, and I www.alumni.anderson.ucla.edu. Click bought, restored and now fly a Russian “My Profile” then “e-mail lists”. Sign up fighter jet. Finally, in a bizarre twist, last for “Class of ’91” forum to get class year I started teaching part-time at including Marc Parrish, Todd all entertained till 2 a.m.!” … After updates, or your geographic area or Anderson.” … And from Thiemann and Kinya Horikoshi. almost seven years in the United other affiliation to participate in a forum Mritunjay : “I got inspired by We also used to go camping quite regu- Kingdom, Brian Smith and wife Suzy for members. “Manju” Bansal some of the previous updates we have larly with Marc Junkunc and his have returned to the United States, relo- had and decided to finally put in my two wife, Chris Fang (‘92), when they cating to Houston, Texas, with their two EMBA cents, my first since graduation. Sorry it used to live in Northern California. If any- children, Nicholas, 3, and Christopher, 1. 1992 took me so long. Here is my story, in one is in the Bay Area (or passing Brian continues to work for BP, currently EMBA Class Correspondent: brief. Since leaving Anderson, I spent a through), I would love to reconnect with as planning and strategy manager for the Jerry Garner few years in the consumer packaged fellow alums and classmates.” … Thanks North America gas business. The Smiths e-mail: goods business and then started my own to Donna (Thomas) Choromanski write that they are “happy to be back in [email protected] software startup in February 2000, per- for this update on the Manhattan Beach the land of free drink refills and are fect timing one might add. Did that for a crew: “Bob Mischler finally got experiencing the joys of home ownership couple of years and finally closed doors hitched to a lovely girl named Amy, and for the very first time. We’re also pleased 1992 in 2002 when the market collapse got they had their wedding reception on New by the recent repatriation to Houston of Full-Time MBA Class really bad. For the past four-plus years, I Year’s Eve in San Diego. David Alok Somani and wife Arsheya, both have been working with Sage Software (Choromanski) and I, Terri of whom were recent attendees at a Kathyryn Ullrich writes in: “Dawn DeVore Plc, a U.K.-based provider of mid-market (Focht) and Jeff Warren, the ‘choo choo’ themed birthday party for and Bob Murdock are proud but tired ERP solutions, currently as the director (Sean) Hannaways and the (Pat) the boys.” … More international news parents of identical twin boys, Aidan and of global product management. My wife, Hedges were all lucky enough to line from Buddy Marini: “I am in Hong Eric, born Nov. 20, 2006. Both boys were Sheila, and I live with our young son, Avi, up babysitters for our kids and make this Kong, working for the Avex Group, the over 6 pounds and healthy. Older sisters 16 months old, in San Jose, Calif. There very fun event! We all rang in the New largest Japanese independent music and Kylie, 8, and Karinn, 6, are excited and are a few classmates whom I generally Year together, with Jeff Warren movie production company. I am over- helping with their new brothers.” meet up with every once in a while, (FEMBA ’95) in rare form keeping us seeing our Asian artists and releases and

www.anderson.ucla.edu 51 1510 assets spring CN 5/3/07 6:49 AM Page 52

CLASSNotes

am building up our movie production capabilities in the region. Oh, and I got married last year. Robert Seidler and Coming to Consensus his wife showed up in Tokyo for our wedding. Kudos to him!” … Big update from Larry Dressler (’88), president of Blue Wing Consulting, recently published his first book, “Consensus Erik Luca: “From Anderson, my wife Elizabeth and I drove the whole loop Through Conversation: How to Achieve High-Commitment Decisions,” offered by Berrett-Koehler around the United States and Canada for Publishers Inc. three months and 15,000 miles as we had to move to Dallas for my job then at For more than 15 years, Dressler has designed and facilitated high-stakes meetings in large cor- GTE. Since, I have been working for sev- porations like Mitsubishi, Nissan and Starbucks. He also has assisted in community deliberations involv- eral companies like Tandem Computers, Compaq, Bellcore/Telcordia, Elixir and ing diverse stakeholders: farm workers in Washington State, homeless artisans on Skid Row in Los now ECTel, always as sales director, Latin Angeles and indigenous leaders in the Ecuadorian Amazon. Through these experiences, he has come to America and Southeast United States, in the conclusion that if you want to bring about real change, you won’t do it through decree, pressure, permission or even persuasion. the hi-tech/telecom industries. We established in Sunny Isles Beach, Fla., in 1996, “Sustained change comes when people are passionately and personally committed to a future that they have helped to shape,” and we have two beautiful children: Dressler says. “If you want to turn your organization’s cynics into owners, give them a voice in the decisions that impact their work.” Edward Kenneth, 6 1/2-years-old (a promising tennis and soccer player), and He further explains that all of a group’s members must be actively involved. The goal is not mere acquiescence, but goes several Angela Elizabeth, 19 months, who is driv- steps beyond, moving people from being resigned recipients of instructions to dedicated champions of an idea. In the book, he discusses ing us nuts. My wife, Elizabeth, is also back into corporate America working for the basic underlying concepts and then shows how to prepare for and move step-by-step through a successful consensus-building Microsoft while we are enjoying and process. He also offers a host of tools and examples, along with tips for avoiding potential traps. balancing this loving family life with heavy international travel, and of course, the usual surfing, windsurfing, tennis and now kite-surfing that I fully recommend Wenjen: “2006 was a busy year for from a centralized offshore facility 10 days in intensive care, and are so to everybody to try out. Cheers to every- us. We moved out of our house in San (Bangalore, India) with front-end sales happy for our early Thanksgiving. He had body and have a great 2007!” … Jose to start a remodel in February. and support in the United States, United a rough first 10 days fighting an infec- Three weeks later, our daughter, Hayley, Kingdom, Middle East and Asia Pacific. tion, including spending his first four was born, nine weeks early. She stayed We partner with folks like SAP and days breathing through a ventilator. On in the neonatal intensive care unit for Oracle to help their customers fix data the morning of the fourth day, the little nine weeks where we spent much of our quality issues in their business (cus- guy made daddy proud when he pulled time. After getting discharged from the tomer, vendor, employee, asset, items or his ventilator out of his mouth and began hospital and getting lots of tests, she is financial data).” … From Rick breathing on his own. The great news doing great and enjoying her infant gym Robinson, nice and warm in Phoenix, is that he is now home with mom and class while learning to walk. Our house “Terrie (Robinson) and I recently dad and should have no long term is now overrun with kiddie toys, and moved to Scottsdale, Ariz., for her new effects from his hospital stay.” Erik Luca family photo. we’re starting to childproof everything. job as CFO/COO of Gold Canyon Candle. Congratulations to the Landsbergs! … Brett McKnight writes, “I’m still in Kelly has decided to take another year of Terrie was referred to the position from More Manhattan Beach news from Jim the Bay Area (Alamo, Calif.) with wife leave from her finance position at Avago, our classmate Dave Barnes. I was Micali: “All is great with the Micalis. Beth, Kailey, 8, and Cole, 6, working at a semiconductor spin-off from Agilent. fortunate to be able to transfer with Nicholas turns 5 in February and learned Autodesk as director of M&A integration. I’m still at Intel. Having spent several Wells Fargo to Arizona. If any of our to ride without training wheels this past The hour-plus commute from the East years launching and growing Intel’s entry classmates plan to be in Arizona soon, holiday. Spencer is 2 and almost as big Bay to San Rafael remains a grind (after into the market for servers for the please give us a call. I recently met Bill as Nicholas. Emily is living the life as a almost four years), but I am enjoying the telecommunications servers, I spent two James in Las Vegas in November and MBM (Manhattan Beach Mom). I am still work. I’m looking forward to a six-week years in business development in the all is well with him. We also had the at Countrywide but now on the retail sabbatical this summer and am just telecom sector, working with software opportunity to see Leslie (Cutchen) originations side. We are still playing vol- starting to work on an itinerary. I haven’t companies in telecom sectors. Last year, (’94) and Phil Davis over the holi- leyball and surfing every week. We con- had that much time off since 1993. By I moved into product development, devel- days and had a wonderful time drinking tinue to be thankful for our wonderful the way, was that Leo I saw last night on oping ultra mobile PC products (very martinis as our kids played together.” local Anderson family: had Christmas ‘Zack and Cody’?” (Note: Yes, it probably small mobile computers) with companies … Big, big news from Marisa and dinner with the (Paul) Hechmers; was, since there have been many Leo in Asia. Although this involves frequent Dave Landsberg! “On Nov. 7, we see Sean Carey, Sean sightings on television recently. To wit, trips to Asia, I do get to play with all of had a baby boy, Charles Martin Hannaway, Dave Landsberg and their and thanks to whomever e-mailed this to the latest gadgets and toys.” … Great to Landsberg, who spent 10 days in families very frequently; see Dave me: “Leo Reherman is appearing in hear from Arvind Singh, whose com- Intensive Care but is now well and at “Burch” Burchianti and Matt a January episode of ‘In Case of pany is called Utopia Inc. (www.utopi- home.” Here was the scoop as it hap- Sodl at the gym; heckle Eden Emergency’ on ABC. To quote Lee, ‘I’m ainc.com). “We are into data migration, pened – scary, but great to know that Warner on the courts; and visit with playing the usual meathead moron, a data consolidation and data transforma- he’s now fine: “He’s home! We finally Tim Maurer (’92) and his wife ridiculous idiot, but its sort funny and kid tion. We provide turnkey service solutions were able to bring Little Charlie home when we sneak out for a night on the friendly.’”) … And from Wendell and use a variety of tools and people from the hospital today, after he spent town without the boys. …

52 Spring 2007 1510 assets spring CN 5/3/07 6:49 AM Page 53

desire to sell their companies.” … at a party at Berkeley (Suzanne somehow D.C. After getting used to the shock of Congratulations to Matt Sodl, who remembered after all those hazy years). prices, weather and lack of politicians was recently nominated by a Wall Street and lobbyists, the Toubia family has set- magazine – Investment Dealers’ Digest – as tled into a house in the Museum District. one of the top 40 bankers under age of He writes, “As you can imagine, reloca- 40, “40 Under 40”. He writes: “Kind of a tion is always stressful, so we are plan- neat recognition, also was recently inter- ning a vacation to Argentina in viewed on Bloomberg Television on deal November. Would love to meet fellow ’94 Jim Micali family photo. activity and trends in the gaming indus- MBAs there.” Richard continues to work try.” … From Brian Tuller: for Pace Global, an energy consultancy, Pete Bogart writes from New York: “Professionally, not much new here. I “Happy New Year! All is about the same with offices in Washington, D.C., Houston, continue to work in pharmaceuticals for Ross Henderson and Suzanne Kelley. around here. Kids are 11 (Jake), 8 London and Moscow. … Dennis Lilly’s Women’s health division. Our big Sevilla (EMBA ’94) finished his doc- (Dillon) and my precious/beautiful/genius news is on the family/hobby front. We Anderson was well represented from the daughter, Jaden, is 5. We are all getting classes of ’89 to ’95. Our class showed torate in economics at Claremont purchased a small amount of land last Graduate University in 2004. He is cur- very old. According to many observers of well with Pam “Green Thumb” year with a home and a producing vine- rently the COO of Pathology Inc., one of my behavior, I am having a ‘mild’ mid-life Berstler, David “Dancing Shoes” yard. This year we pulled in over two the largest privately held laboratories in crisis, which has manifested itself in tons of four varietals and have been busy Choromanski, Donna “Laugh- somewhat odd behavior. For instance, I olympian” Choromanski the United States. He also teaches eco- fermenting, pressing and barreling. nomics as an adjunct professor at Golden flew to Las Vegas for one night to play We’ve started a blog at www.grapegrow- (Thomas), David “Pa-pa Now” poker and to see a Pearl Jam concert. I Landsberg, Tom “Cool Breeze” West Community College for fun! … It ers.blogspot.com if you want to learn was also great to hear from fellow class- am seriously contemplating getting a tat- more. Next year we hope to sell the Lazaroff, Kevin “Mad-Man” too (not so kosher for us Jews) and have Mansfield, David “Big O” mate, Todd McGinley, who is proud grapes in another interested vintner. I to report that he accepted a new job recently swapped the Volvo for a Mini ran into this summer at a Ominsky, Pete McAniff and the Ann DuBay managing money for Santa Barbara Bank Cooper. Have also developed a penchant bar mitzvah. She continues as an asso- respective better halves who helped & Trust in Santa Barbara and has moved for nightly red wine tastings. Still trading ciate editor for the Press Democrat (our make this a very special celebration. We his family to Ojai, Calif. He certainly equities and commodities for Opus local paper in Sonoma County) and does escaped to Spain and Morocco for our seems to be very happy with his deci- Trading, and still blissfully married to a great job. I enjoy her column on a honeymoon and are back again to enjoy- sion. “Living in the central coast is truly a Steffi (who is the deputy general counsel regular basis. Jeremy, her husband, ing life in the West Village (New York blessed experience. Life is slower, pretti- at Estee Lauder). Saw Ross continues to do well and her son, 13, City).” Have a great winter and start er, less crowded, more human and civil Henderson recently for a beer, and seemed wonderful as well.” … And last thinking ahead to – drumroll please – our than in the big cities. People are kind, still keep in touch with Brom Keifetz but not least, Geoff Bossiere writes, 15th (!) reunion next year. generous, curious and outgoing. Enjoying and a few other Anderson folks.” … “We’re living in Santa Monica and will the good life may not make for a magnif- From our friends up north: “Greetings move to Pacific Palisades later this year. from Pam and Bill Cavanagh (still in After eight years in Japan with Fox and 1994 icent, riveting class report, but perhaps Edina, Minn.). Sure signs of global warm- nearly three years at Revolution Studios, Full-Time MBA Class this element of our class progression ing this winter as the fabled Lake I am running my own Japan-focused receives less attention than it should.” Correspondents: We couldn’t agree more, Todd! … Minnetonka (infamously featured in consulting business, Shining Prince Nancy Argent Prince’s Purple Rain) has not frozen over, Entertainment, for the past two-plus Speaking of enjoying the good life, e-mail: nancy.argent.1994@ander- Steve Huot is now back in the United and it’s now mid-January! Remaining years and have been extremely happy son.ucla.edu busy with three kids – Anne, 12, with it. It would now be a tough transi- States and has a lot to report. After three Elisabeth, 10, and Matt, 5. Recent tion back to a corporate job! Clients Laura Johnson years on a motorcycle and the back of a kids’ holiday week activities included include DreamWorks SKG, Paramount e-mail: laura.johnson.1994@ander- milk carton, he has resettled in Hermosa downhill skiing, snow tubing, sledding, Home Entertainment and IMAX Corp, and son.ucla.edu Beach. But he is not alone. On the South diving, swimming, gymnastics and they keep me busy flying back and forth 1994 Full-Time MBA Class Notes by American part of the road trip, it is public basketball. Still following the Bruins between Los Angeles and Japan, 16 Nancy Argent knowledge that he kidnapped a woman, from afar (way to go UCLA vs. USC in times in 2006. Kayoko and I have also Ana Maria Piedrahita, in Cartagena, football this year) and congrats on been developing a real estate investment As we can tell from the submissions, the Colombia. Recent rumors suggest that he Bruins basketball early No. 1 ranking. company on the side – it’s coming along Class of 1994 continues to be busy, busy, is returning to the scene of the crime Very weak sports in Minnesota this slowly. My son, Julian, turned 13 in busy. It was great to hear from some of Jan. 27, 2007, to marry her as part of a year as we’ve fired the head coaches October, and my two girls are now 11 our classmates who had not updated us plea bargain with the family. He is now for the Vikings, Gophers basketball and and 8. I’ve been in regular touch with for a while. Tammy (Johnson) pretending to be a legitimate business- Gophers football teams. The mighty Larry Mahl, Tadashi Steensland writes that she and hus- man too, and said to have business cards Gophers haven’t been to the Rose Wakabayashi – both in Japan, and band Christian (’97) are doing well suggesting he is president/COO of Bowl in my lifetime (thank God for b- Ynon Kreiz – still in London, among in Mission Viejo with their three children, www.BroadSpire.com, an integrated web school outings to the stadium). Pam others.” … Ross Henderson writes, Ava, 7, Marc, 5, and RJ, 2. She works agency. … Additionally Steve writes that and I escaped for two weeks this fall “I have supported our fine institution by two days a week from home as an inde- Chris Jenks hosted a poker game this for an adventure in Northern Italy that marrying Suzanne Kelley (‘96) in pendent HR consultant, hoping to build a past Friday night while his wife was out of included Lake Como, Tuscany and the Santa Barbara this September. As fate solid client base. Loves the flexibility town to get free help to baby-sit his two Cinque Terre. I’m keeping busy with my would have it, we “re-connected” at an and balance independent consulting pro- daughters. In attendance were John M&A advisory firm, Counsel Funding Anderson Economic Forecast in New York vides! … Richard Toubia reports Weaver, Len Kortekaas, Bill Partners, as well as an offshoot business City around three years ago, which was that he has moved back to Houston, Rosenkrantz, Keith McNamara, web site aimed at business owners who 17 years since last spoke with each other Texas, after four years in Washington, Jim Siegrist, Steve Huot and Chris.

www.anderson.ucla.edu 53 1510 assets spring CN 5/3/07 6:49 AM Page 54

CLASSNotes

According to Steve, “Siegrist proved win- American and Latino MBA students and sightings over the summer: Monica ever!” That’s it for now – keep those ning big was not enough, as he was later alumni. He stays in touch with Andrea Muilenburg, (still at Intuit) and her updates coming. We look forward to voted least likely to be invited back due to (Almeida) Mack, who works at husband, Tod, and three kids in San Diego; seeing a lot of Class of ’94 at the annual the effects of a three-bean chili dip with Western Assets in Pasadena and has Elizabeth (Hirsch) Ward and Anderson reunion in October! More news extra pesto that he must have eaten for stopped to see Jorge Vargas when Andrew Ward and their two kids in and notes from: Galata Giuseppe, lunch that day.” … Debi (Fromer) they have passed through Miami. … Westchester, N.Y., at a Friday night party; who writes in, “I moved to the Lynch reports that life in San Francisco is Congrats to Tiffany (Seden) and Mike DePaola, wife Brenda and Netherlands with Essent Trading in going very well. She just started a new Barbara and husband Peter who sent three girls in Southampton, N.Y., for their September last year. Still working in the marketing strategy job at Barclays Global along news of an addition to their family – annual dose of summer pampering. She energy trading business and enjoying it. Investors after three-and-a-half years at a baby boy. Justin Matthew Barbara was reports that everyone is doing great! … I also got a second daughter (Annalisa, Wells Fargo. This job gave her the oppor- born on July 17. Additionally, she has Clarisse (Young) Choy updates us 6-month-old), five years after my first tunity to touch base with Bob Girvin joined David Tracy and Len from Berkeley where she is living with one. Both tasks (working and parenting) (’93), who also works at BGI. Debi’s hus- Kortekaas at Goldman Sachs. … husband Bill and sons Daniel, 8, and Sean, are proving challenging but fulfilling. I band, Mike (’93), is still working as an Stephanie (Meisel) Eidelman is 5. They’ve spent the last year enjoying am regularly in touch with David executive recruiter at Spencer Stuart. staying very busy with her 13-month-old their newly remodeled home, which took Conte (still living and enjoying Rome) Sounds like Debi and Mike have had a twins, Remy and Samantha! On the work two years to complete. Next project — and Richard Toubia (back to Houston good summer. “We’ve spent most week- front, she’s been the COO of a small landscaping the backyard. Claire writes, from D.C.). I have also heard from our ends this summer up at our wine country strategic advisory and media firm in the “Bill’s espresso catering business contin- two French fellows: Thibault is a house in Sonoma County, so we’re actually Washington, D.C., area for about five years. ues to grow, and now that my younger happy banker in native France, and tanned, instead of fighting off the summer She’s also in the process of raising son has started kindergarten, I also have Jean-Noel is a skilled actor split fog of the Bay Area.” … Speaking of new money/looking for channel partners for a more time for pursuits both creative and pro- between Paris and London. jobs, congratulations to Mark Carroll web-based workflow and records manage- fessional. In the meantime, I keep myself Alessandro Colombo, tired of on his new position. Although he loves liv- ment system we’ve developed. She would amused by blogging about retail marketing: Luxembourg, moved back to Milan as an ing in Boston with his family, after eight love to talk to anyone with experience in www.retailcurmudgeon.blogspot.com.” She investment banker. It was a shame to years at a Middle Eastern investment com- this space. … Great to hear news from apologizes in advance if she’s dissed a see our class news section empty in last pany, Mark was ready for a change. He is the Midwest from AnneMarie product that you manage! … Raphael issue. C'mon folks! Give a shout if you now working for a real estate investment (Weibel) Homolka. She writes, Reich writes, “I got married over the come to this part of the globe. company in Boston called Single Tenant “Wow, how life has changed! From crazy summer in Napa Valley, with David Acquisitions Group or STAG Capital work schedules at various Internet startups Strong and Marea Evans attending. Partners. He hopes to get out to Los in Los Angeles and Chicago to suburban My two daughters, wife and I live in the EMBA 1995 Angeles in September and plans to catch life in Avon Lake, Ohio, just west of Bay Area (Palo Alto), where I’ve been EMBA Class up with many Los Angeles-based class- Cleveland. I recently celebrated my fifth since I left Anderson. Presently working at Correspondents: mates. … Classmate Larry Stein also wedding anniversary, and had our third Cisco in marketing. Here at Cisco I’ve run Kevin Barrett made a job change, leaving Peribit for his (and final) child, Nicholaus. He is getting into Henrik Jensen and Jay Gill, e-mail: kevin.barrett.1995@ander- next startup opportunity at ShoreTel enter- tons of love from his big sisters, Carolyn, 4, both ’94 alumni, as well as Hardy son.ucla.edu prise IP telephony systems. According to and Lindsay, almost 3. I’ve been a full-time Lipscomb (’93).” … A short update Larry, “The company is growing rapidly Mom nearly as long as my marriage and from the Colombos, Franco Colombo Teresa Hermosillo and performing well, but most importantly, love it (most days).” Congrats, AnneMarie. and Carol Lynn Switzer. The e-mail: it has been fun.” At home, he is about to … Jovita Jenkins (EMBA ’94) Colombos have done it again, after two [email protected] embark on another job, remodeling the calls herself the “queen of transformation”. years in Basel, Switzerland, they have a.edu second half of his home, “trading money After retiring from TRW in 2002, she is moved again. Giorgia Elisabeth, 7, and for construction dust.” However, we are now an author, leadership coach, lecturer, Charlotte Ines, 6, enjoy their first experi- glad to see that Larry has his priorities in business owner, and starting in ence in Italian schools, dad Franco took FEMBA 1995 place – just scheduling a European vaca- September, UCLA instructor. Her coaching the position of country CFO at Novartis FEMBA Class tion for the Stein family next summer. … practice focuses on emerging and sea- Italy in Milan, and mom Carol Lynn kept Correspondents: It was good to hear from Stephen soned managers in technology-oriented her consulting position with J. Fletcher & Ken Little Torres this month who is living in companies who want to enhance their Associates, for whom she mostly work e-mail: kenneth.little.1995@ander- Altadena. Stephen reports that he took leadership skills. Her upcoming workshop, remotely. The new address is Corso son.ucla.edu over the alternative energy division at “Managing Technical Professionals: Magenta, 54 - 20123 Milano, Italy. … Magnetek Inc. in 2005, which manufac- Proactive Management Strategies for Front Finally, Mike Cervank has some excit- Debra Nelson Schonfeld tures electronic products for the solar, Line Leaders”, is offered through UCLA ing news. “My wife, Tiffany, and I had a e-mail: debra.nelson.1995@ander- wind and fuel cell energy industries. He Extension. Jovita’s acclaimed book, “Get baby boy, our first child, on Dec. 10. His son.ucla.edu travels a lot to Europe for work, but unfor- Out of Your Own Way”, has helped many name is Fionan (pronounced FEE-uh-ninn) tunately doesn’t have a lot of time to con- people reinvent themselves for the future. Padraig, and he is supremely Irish, his Greg Rivers writes in, “I am happy nect with Anderson alums on his trips. His … Great to get an update from Paula first name means fair-skinned, fair- to report that I married Kristen wife, Rosa, teaches part-time in Pasadena, Barksdale – still happily living in haired, and he fits the bill on both Waugh of Aberdeen, Wash., (WSU while daughter, Orianna, 11, just started Hermosa Beach with husband John and counts. He spent his first two weeks in grad) in July of 2006. We got mar- sixth grade. Additionally, Stephen continues their two kids, Ellie (first grade) and the NICU at CHOC at Mission Hospital in ried in Banff and live in San to be involved with Anderson, as a mem- Ethan (kindergarten). She enjoys her pri- Mission Viejo, because he was four Francisco. After the fall of ber of the advisory board of the Riordan vate practice as a college counselor but weeks early and needed a little extra Robertson Stephens in 2002, I have Programs and hosting an annual gradua- spends most of her time being a mom. time to get acclimated. He came home been heading up the semiconductor tion dinner event at his home for African She also reports some fun classmate on Christmas Eve – the best present and communications equipment

54 Spring 2007 1510 assets spring CN 5/3/07 6:49 AM Page 55

are not familiar, Gallup is a global manage- Chicago and have Seiji Oyasu take me out ment consultancy and market research to dinner this time! The new company has a Outstanding Science Alumnus firm with offices in over 40 cities in 25 good culture and our three kids, Zoe, 10, Eliza, countries. Probably most famous for the 8, and Noah, 4, are very fun and definitely help F. Matthew (Matt) Rhodes (’96), CEO of Teranetics Inc., recently was named Gallup Poll (created in 1935), Gallup has me keep perspective in life.” … Up in the Bay studied human nature and behavior for Area, Faye Karnavy and Avanish Sahai Outstanding Science Alumnus at his undergraduate alma mater, the Eberly College over 70 years and has used this knowledge had a pretty hectic but fun 2006, with family of Science at Pennsylvania State University. to create unique metrics-based perform- trips to Canada, Thailand and Brazil, mixed in ance management systems. Clients include with many long-term visitors, multiple entre- Eberly College is the home of the basic biological, physical and mathematical Audi, Best Buy, Blockbuster, Citigroup, preneurial ventures and their regular day jobs. sciences at Penn State. The award recognizes that school’s outstanding science Disney, Fidelity, Marriott, Ritz Carlton, Alex, 8, and Michelle, 7, are both learning steel alumni for their leadership in science and for the impact they have had, and will Sears, Starbucks, Toyota and WalMart (to drums, which makes for some interesting con- name a few). Given the large, complex and certs at school! In the last few months of the continue to have, on society and on their professions. rapidly developing markets here, I am very year, they saw Eric and Luisa Freeman and Teranetics Inc. is a privately-held semiconductor company that provides next- excited to be focused on leveraging their adorable daughter, Claudia (who have all Gallup’s solutions to help large multination- recently moved to Spain!), and generation, standards-based 10-gigabit Ethernet copper-channel solutions. Prior to Max Shoka als succeed in China. Further, given my family, Greg and Jeannie Dickinson, and joining Teranetics, Rhodes was president of Conexant Systems, Inc. In 1997, he desire to continue to improve my Chinese, I Dylan Charles. There are rumored sight- joined Conexant, then named Rockwell Semiconductor System, where he directed am thrilled to be joining an organization ings of Jim Dellisanti in the Bay Area too, where I will be the only foreigner (based in but that’s yet to be proven. C’mon Jim! … the development and market introduction of low-cost modem technology for inclu- China).” … Closer to home, our Southern And finally, Eileen McPeake updates us sion in laptop and desktop personal computers. In 1999, he was appointed senior California friends are well and thriving. with fantastic news from her and Julio says, “Shocking but I still : “On Saturday, Dec. 30, we wel- vice president of the personal computing division and was part of the management Scott Brogi Dolorico live in Hermosa, and the volleyball team is comed a little baby boy, Declan Ricardo team that spun off Conexant from Rockwell. At that time, Rhodes transitioned the rounding out nicely as my wife Tina, son Dolorico-McPeake, into our family. He came focus of the development to broadband-Internet-access technology and led Anthony and I were joined by a beautiful three and a half weeks early and weighed 5- baby girl, Mila Jean, this summer. pounds, 15-ounces, but is perfectly healthy Conexant to a market-leading position in the supply of digital-subscriber-line (DSL) Meanwhile the startup I had managed and eating well. Caitlin, our 3 1/2 year old solutions. business development and sales for over daughter, is thus far embracing her role as the past six years, Pictage, became enough “big sister” and loves to give Declan hugs and Rhodes participates in a number of industry associations, including the Fabless of a grown up that we were able to sell it kisses. We pray that lasts! Also, in October Semiconductor Association, and he is a member of the Pacific Council on International to private equity firm Apax Partners, afford- 2006, Julio started a new job with Merrill Policy. In addition, he holds several patents and has contributed to several professional ing us the time to take the summer off to Lynch’s private banking and investment group. enjoy our new addition. Other than that no He’ll be working as a private wealth advisor, journals. real changes at the beach - still have sea- targeting those with $10 million or more in son tickets for UCLA basketball with investable assets. He’d spent 12 years as an Steve Green and looking forward to a international equity sales trader with Merrill on great season, and the ocean view from the the institutional side and is excited to start this investment banking practice for JMP Dhabi in the United Arab Emirates and had hottub in the backyard of our home contin- new, more entrepreneurial venture.” Congrats, Securities. Hello to the FEMBA ’95 been dating for about three years. I’ve ues to play host to what’s left of the South Eileen and Julio! class – make it a great year!” attached a few photos. Other Anderson Bay crew like Chris Daniel and Colin alums in attendance include Kevin Donahoe, as well as visiting dignitaries Maddock, Dane and Robyn Lewis like Joe Brill, John Carmichael, EMBA 1996 1995 and Bret Moore. I’ve been in Abu Dhabi Chip Cushman and John Jordan EMBA Class Correspondents: Full-Time MBA Class in the United Arab Emirates for more than during our frequent barbecues, so if anyone Laura Kaiser Correspondent: six years now and have no plans to leave – finds themselves down this way drop us a e-mail: Masami Suzuki it’s a very nice place to live, work is great, line as we always have an extra margarita [email protected] e-mail: masami.suzuki.1995@ander- and I’m enjoying the expatriate lifestyle.” glass.” Hey, let’s all go visit at once! … Peter Nagel son.ucla.edu … In the meantime, Scott Pollack Steve Green reports, “After finishing my e-mail: 1995 Full-Time MBA Class Notes by updates us on new pursuits in China: term as president of the UCLA Anderson [email protected] Masami Suzuki “After studying Chinese full-time for over Alumni, I’m having a blast being a full-time a year, the biggest news that I have to dad. In addition, I serve on the Board of Greetings, fellow 95-ers! In this round of report is that I have launched back into Governors at Occidental College.” … 1996 updates, our classmates are moving and full-time business pursuits. I accepted an Patrick Trepanier and family have shaking on both family and career fronts. offer to join The Gallup Organization been on the move. He reports, “I recently Full-Time MBA Class As usual, let’s start with classmates (www.gallup.com) as a partner in their left the clouds and rain of Seattle to return Correspondent: whose news travels the farthest. Kelly Shanghai office. In the new role, I am to the sunny climes of my hometown, San Steve Smith Pierce checks in from Abu Dhabi with responsible for growing Gallup’s China Diego. I’m still in wireless, leading device e-mail: an exciting update: “I got married on Oct. practice (which was established in 1993), marketing for Cricket Communications. [email protected] 15 at Treasure Island in San Francisco to with a particular focus on the company’s Motorola is one of our key suppliers, so I’m 1996 Full-Time MBA Class Notes by Maria Aurora Anastacio. We met in Abu largest global clients. For those of you who looking for an opportunity to get out to Steve Smith

www.anderson.ucla.edu 55 1510 assets spring CN 5/3/07 6:49 AM Page 56

CLASSNotes

Greetings Class of 1996! By the time at a Ventura County Alumni mixer, had a settled into Credit Suisse in London, few weeks ago, Alden Jarrett Hubbard. you read this, we may be well into the beer with Jeff Lulenski and his family where I continue to work in leveraged He has already begun his reign of chaos Summer of 2007. Which is a good thing, in Santa Barbara, and have been in touch finance. The big news about leaving and destruction, laying waste to all clean because it is ridiculously cold right now with Stan Lemons, who is now in Lehman was my separation from Nalin. clothes in his path. Mom and Dad are in the San Francisco bay area (in the Dallas with his son, Matthew, working for We had worked in the same group for thrilled.”… Suzanne Kelley, “I am 30’s, near all time lows). Yet at the the ad agency, Slingshot. Derek five years. I thought we were coming to thrilled to announce that I married Ross same time, the stock market is heating Speck and I had breakfast with Neal terms with it well, and then he took his Henderson (’93) in Santa Barbara up, Apple is closing on 100 (who will be Hubbard who is now a new father, family and bolted to India. If anyone is on September 9, 2006. Anderson alums the first in our class to buy an iPhone?), and I chatted with John Ball, who is passing through London, give a shout.” in attendance include maid of honor and the Dow Jones industrials closed now at Ticketmaster in Los Angeles. My … Juan Diaz-Andreu, “Hi, from Irene Wang, John Francis, Peter today at 12,582.59 (reaching a third wife, Tracy, and I are doing well in Madrid, Spain. Two months after the McAniff (’93), Regina Regazzi straight record high). What does all of Ventura, and I’ve started running alumni reunion, I am still excited about (’97), Jennifer Strauss Vos, Tom this mean? I don’t know, but I believe it marathons, having completed the Los it: I hope I could explain how fantastic it Williams (’95), Pam Berstler means that we are in for a very dramatic Angeles and Las Vegas marathons was to go back to Roma Cafe, the (’93), David Choromanski (’93), year, especially if the news below is any recently.” … Toby Ali had a pretty Anderson complex, and also visiting the Donna Thomas Choromanski indication of things to come! Read on… busy year. “I am still out in London. The old building (yes I did it), Lu Valle, ASU- (’93), Greg Craig (’89), David T.K. Pillan, “Not sure if it’s too late, big change was that Lucas Ali appeared CLA shop, meeting 96 classmates, Landsberg (’93), Tom Lazaroff but The Veggie Grill opened Nov. 13 in in July, all 8-pounds of him. He has been Anderson officers and professors I had (’93), Kevin Mansfield (’93) and Irvine. We serve classic American sand- a good guy so far. To date, he has man- not seen for 10 years! It was simply Dave Ominsky (’93). Ross and I wiches and burgers with a veggie twist. aged to master the art of grabbing his great. My 17-hour trip from Madrid was met briefly at Cal in 1986. We attended The opening has been a solid success toes and drooling. We have some work to worth it! I know other UCLA Anderson Anderson at different times, but ran into with great reviews and large crowds. do. He did precipitate the Chilean shot- ’96 people like German Novion, each other at an Anderson alumni eco- You can learn more about us at gun wedding of the year, though. Luis Miranda, Caterina Ciani and nomic forecast in New York City several www.veggiegrill.com.” … Aron Constanza Mardones and I finally Ignacio Guinea wanted to make but years ago, some 18 years later. Just Schwartz, “Happy New Year! I’m made it official in December in Santiago could not – maybe for the 15th? I had back from our honeymoon in Morocco, pleased to announce that I was named a (where she is from), thereby completing Steven Kuo visiting for a few hours in and we look forward to seeing everyone partner at Fenway Partners.” … the parent-unfriendly trifecta Madrid some weeks ago, and hopefully at the reunion in October. Thanks to all Norbert Tan, “After near four years, I of buying a house together first, having a will meet this Christmas Giambattista for your support and best wishes for a will be leaving Rubicon Theatre Company kid and then finally getting married. Taglioni (’97) and Javier wonderful 2007.” … Brownstein in Ventura to lead the Ventura College Mike Ladge, Nalin Nayyar and Sanfelix (’95) (Javier’s beautiful wife Paula, “Work is good. Still at Diageo Foundation as its executive director. I will Daniel Malchuk were all able to gave birth to Jaime, their third baby last but am in a new position. I am now our be building a performing arts and lec- make it. I managed to see German summer). Our baby girl Carolina was innovation director and am down to tures series on campus, as well as devel- Novion while down there before he born last July 28, 2006. Un abrazo.” … working four days a week which is great oping other college support activities. I headed out of town. Workwise, I left Neal Hubbard, “My little news is that as I get to spend more time with the lit- recently bumped into Tiarzha Taylor Lehman Brothers in early 2005 and have my wife, Koren, and I had a baby boy a tle one.” … Lisa Kolczun, “Sorry we missed you at the reunion. We both wished we could have made it. Our big news is that our second son, Reese, Named VP of Product Management arrived in time for Christmas!” … Anthony Robb-John, “I was on the Frank Gerstenberger (FEMBA ’97) has joined Revenue Science Inc. as vice president of product exchange program from London and am management. The company offers the most widely adopted, powerful and flexible targeting platform back in London on third job in 12 months! Now MD of easyGroup brand if for digital media worldwide. Using the most advanced behavioral targeting capabilities available that is of interest.” … Nadine today, their targeting marketplace manages more than 1 billion behaviors a day with access to over Freeman, “Hi Steve. Melissa 100 million unique Internet users and makes them accessible to marketers and publishers. Clients Banning was here visiting me a few include AOL.com, ESPN.com, Financial Times, Gannett, Jumpstart Automotive Media, NikkieNet, The months back. Still working in Ashoka pro- moting social entrepreneurship in South Guardian.co.uk, Reuters.com, Univison.com and WashingtonPost.Newsweek Interactive. America. If anyone is interested in a ven- Gerstenberger will be responsible for identifying, defining and launching all new and existing ture capital approach to solving the product offerings, as well as managing custom development and partner program requirements, among other duties. world’s most pressing problems (and looking to make good use of some of “Frank is an experienced product management and marketing professional with a track record of driving product innovation, that end-of-the-year bonus to help allevi- resulting in improved business and financial performance and customer satisfaction," says Jeff Hirsch, chief revenue officer. "His ate poverty or improve education and business and technical savvy will be instrumental in Revenue Science's long-term success." health around the world), I highly recommend checking out the Ashoka web site, Gerstenberger joined Revenue Science from Commission Junction, a ValueClick Company, where he was director of product www.ashoka.org. Happy to provide more management. In that position, he led the development and execution of the company's product strategy and roadmap for its web- info to anyone who is interested. Feliz Año based Internet performance marketing solutions. Prior to that, he spent seven years at Intel Corporation / Xircom Inc. where he held Nuevo to everyone!” …Mateo Eaton, “The Chapai Lama says, ‘Give it up, my various positions in wireless and mobile communications. children. Your video games too’.” Note from Steve Smith: If you haven’t seen the

56 Spring 2007 1510 assets spring CN 5/3/07 6:49 AM Page 57

video yet, you might want to visit the other hand, this opens a great career 1997 member of Meredith) and talking shop. Thank you, Todd (Hawthorne), for http://www.youtube.com/watch?v=6v4V opportunity with PHI, and my Virginian Full-Time MBA Class UYWb1es. … Mike Ladge, “I am still lovely wife can re-enjoy the Southern way your support through entrepreneurial hell. with UBS in Century City and just broke of life. Hope ‘y’all’ are doing great!” … Correspondents: The book I co-authored just snagged half a personal record by staying with the Steve Smith, “Wanted to add a few Alex Gauna a dozen industry design awards, and some same company for five years. Business words about our truly epic class reunion e-mail: projects from the book are on display in is going very well as I received some in October. For those of you who missed [email protected] the Cooper Hewitt Design Museum’s recent press by being named to the Robb it, please try to make it out for our 15- Anita Turner National Triennial exhibit in New York City Report-Worth Magazine’s Top 100 Wealth year reunion in 2011. It was well worth e-mail: through July 2007, so go check it out if Advisors for the second year and am the effort to attend. For the 100’s of you [email protected] you are in the city. http://www.cooper- working with a few partners for the first who did make it out, thanks for making it 1997 Full-Time MBA Class Notes by hewitt.org/EXHIBITIONS/triennial/design time, which is a lot of fun. I have been in a special weekend! Per usual, the Class Anita Turner _life_now.asp. Son Garrett, almost 4, touch with several Anderson Alums of 1996 came strong, with the largest and sister Tyler, 18-months, are constant- ly helping Todd and I redefine our defini- recently – Mike Treiman and his attendance out of all the classes, and we OK guys, I am in the home stretch of this tion of life, liberty and the pursuit of wife, Debbie, just had their second son raised a whopping $400,000-plus for five-year commitment, and yet I am get- happiness – can we say non-stop fun last month, I met up with Rod UCLA Anderson. Perhaps more important- ting the seven-year itch. Please bear with and craziness?!” … Rehnborg at the USC-Cal game, visit- ly, we came and had a great time … we me even if column quality dips during ed Ashish Gupta in the Bay Area and always did know how to party! And did the remainder of my sentence, ahem, I stayed with him, his wife, Avani, and two you notice how great everybody looked, mean “privileged tenure.” As usual, I am daughters in their newly built home. I we haven’t aged a bit! Special thanks to starting with me. If nothing else, you are just got back from a trip to Santiago, Kelly Milligan for his efforts leading going to be glad when my predecessor Chile, to attend Toby Ali’s wedding to his the fund-raising, it would not have been takes over just so you don’t have to hear wife, Contanza. Toby is with CSFB in possible without you! I’d also like to rec- about me any more. Nevertheless, I am London where he and Contanza are hav- ognize our anonymous donor who gave proud to say I just ran my fifth marathon. ing a great time with their baby boy, an exceedingly generous, and fitting, gift Now, I have not done one since we grad- Lucas. Also at the wedding I met up with on behalf of Greg Bolin. Great job uated from Anderson, which was lo the Grace Huang. Daniel Malchuk who, with wife, Pazzy, ’96ers, it is a privilege to be associated many years ago. Apparently, however, it and son, Alex, lives in a beautiful home in with such a fantastic group!” More news has been long enough to have forgotten Scott Tinkelman is also loving life, Santiago. Bart Coughlin (’98) from and notes from: Kevin K. Boeh who the pain. So, I ran the Rock-n-Roll and he writes, “Life here in Pennsylvania Boston was also there, and Nalin writes in to let us know that he has just Marathon in Phoenix in early January marches on, and the boys are getting Nayyar who made the trip all the way published a textbook for MBA and exec- (where they had record low temperatures more fun every day. One week from from Bombay, India. Nalin had been MBA-level courses, “Mergers and of 28 degrees at the starting line, I might tomorrow will be the big 4-0. Julie working with Lehman Brothers in London Acquisitions: Text and Cases”, by Kevin K. add) and by doing so, I raised $4,000 for bought me a plasma TV, needless to say since early 2000 and recently moved to Boeh and Paul W. Beamish, Sage the Leukemia and Lymphoma Society. life is pretty good.” … India (Mumbai) as a member of the sen- Publications, Thousand Oaks, Calif., 2006. That accomplishment (and not my finish ior team that will be responsible for For more information visit web site: line time) is the source of my pride. I am establishing Lehman’s new office in http://www.sagepub.com/textbooksProdD loving living in Las Vegas (much to my India. He is married with two kids and esc.nav?currTree=Subjects&level1=600&p surprise) and still really enjoying my new adjusting to life back home after being rodId=Book229462. job at The Staubach Company. … abroad for 19 years! It was a really fun Speaking of Las Vegas Grace Huang time to see people I hadn’t seen in 10 says that “by the time this goes to print, years. Especially fun was a barbecue at EMBA 1997 the 10th anniversary for our annual girls’ the family’s ranch which was like para- EMBA Class Vegas trip will have taken place. Hard to Scott Tinkelman and the boys. dise.”… Jesus Romo, “After two Correspondents: believe that it has already been a wonderful years of having enjoyed the Carole Stein decade! Lynley Sides, Cammie Julene and Chris Montgomery Southern California joie de vivre – barely e-mail: carole.martin.1997@ander- Doder, Amy Arrietta (Mike’s wife), had an insanely busy 2006. “We moved enough time to explore a fraction of son.ucla.edu Kathy Yeung, Kristen Sager, out of our house in January so that it Orange County’s mysteries – Kari and I Leon Zekaria Marie O’Brien, Amy Lange (Bill’s could be remodeled, and a month later, have moved to Texas, once again to fol- e-mail: leon.zekaria.1997@ander- wife), Laura Daley, Jane Julene was pregnant with our second low what has been a surprisingly reward- son.ucla.edu (Benson) Nash, Charlotte child. With the challenges of the remodel, ing 10-year experience with Yum Brand’s Brownlee and I are confirmed as of our 2-year old, Max, and Julene’s horri- Pizza Hut. I am now director of opera- today. Marie and Charlotte are usually ble morning sickness, the majority of the tions, and have moved to Houston, where FEMBA 1997 the night owls holding down the black year is a blur. We moved back into our life seems to flow at a pace comparable FEMBA Class jack tables, since we stopped going to house in August, just in time to welcome to the 405 at 6 p.m. Beautiful city, great strip clubs after the second year. Sold baby Sabrina in October. Since then people. Unimaginable low cost of living. Correspondents: the media company (ReadyMade) I start- we’ve been busy with the challenges of a Yet ‘is this really a beach? What’s that Julie Hammeras ed over five years ago to Meredith Corp. new baby and a rambunctious preschooler. black stuff on the water?’ I am still e-mail: Julie.hammeras.1997@ander- (MDP) early November 2006. The coolest But it’s all good, and we’re settling in hopeful that there is more California for son.ucla.edu part other than never having to worry for a hopefully boring and calm 2007. us, somewhere in the future. Ahhh – the Dena Iura about making payroll again was sharing a Chris is still working at Genentech, with palm trees! The landscape! The ridicu- e-mail: Lear with the former president of a new position as an operations team lously pricey housing! I’ll miss it all! On [email protected] PepsiCo/current president of Levis (board leader for their cancer drug, Avastin.

www.anderson.ucla.edu 57 1510 assets spring CN 5/3/07 6:49 AM Page 58

CLASSNotes

Julene is taking a break from contract Anderson grads in attendance, including: which it inevitably will for at least anoth- recruiting trip, so I got to hear the scoop work to be home with the kiddies but Kathy Yeung, Liz Davidson, er year and probably three. I also still do on her (not-so-new) job with Mercer hopes to do something part-time again in Kristin Sager, Michael and Amy about 20 or 25 fundraising auctions per Management Consulting in Chicago. If the not-too-distant future.” … Grenier, Ron Gonen, Jeff year (www.klmauctions.com), which are anyone speaks to Julie, I strongly Matthew Pauley and his wife, Rosenzweig, Janet and John a total blast, especially when I run into encourage them to ask her about her Joanne, recently moved to a new house Harlow, and Vicky Alaniz. … classmates who are attending their kids’ experiences living and working in Dubai! in Santa Monica. He switched jobs this Speaking of Marta and Jeff Kaltreider, school auctions, which has happened As for me, I very recently accepted a past summer from Bear Stearns to Bank they have been living in London for the several times (Steve LoPresti was new role at HP, running operations and of America Securities, where he is doing last 18 months and “have really fallen in bidding HUGE in Moraga!) Most impor- executive communications for a few divi- investment banking for the gaming and love with the city and the easy access it tantly, the family is doing beautifully as sions within the Enterprise Group. leisure industries. … Suzanne de la offers to the rest of Europe for weekend well. I look forward to seeing everyone Perhaps after I’ve been in the job more Pena had her third child in August. trips. We are both very busy, but are at our big 10-year in the fall.” … I am than a few days, I can share more about “My kids are Alex, 4, Caroline, 2, and having fun with the challenges of work- going to leave with you an update from what I do! Until next time. Matthew, 4 months, so my hands are ing internationally. We have enjoyed see- Sue Ashkenas, who, I am thrilled, quite full. I am still employed full-time ing some Anderson friends such as delighted and beside myself to say, has at Kraft Foods in Tarrytown, New York. Ferrell McDonald, Kristen volunteered to be your new class corre- EMBA 1998 This is my ninth year. I am currently Sager, and Michael, Amy and spondent after our reunion in the fall. working on a new product in the coffee Alexander Grenier while they were “Happy New Year! It’s been ages since I EMBA Class division (Tassimo). I still have my entre- in town, and we are always ready to wel- sent in an update, so I figured I’d start Correspondents: preneurial aspirations and get terrific come others passing through. So, give the new year off right. Of course I wait- Chuck Davis ideas while hanging out with my chil- us a shout if you are ever out this way!” ed until the last minute to do so, so per- w: 805-750-1500 dren.” … John Esrey and his wife … Mike Emanuel wrote in to say, haps it’s not quite right – anyway, lots of e-mail: charles.davis.1998@ander- had another baby girl, Caroline, on Oct. “I’ve launched a lawn and garden con- news to share. … Fran Greenman son.ucla.edu 12. She joins her older sister, Madison. sumer products company, and our mar- and her husband, Pete, had a baby girl Gail Carpenter The family is still living in Mill Valley and quee product – The Original Mulch Block named Sylvie. I haven’t been to e-mail: gail.carpenter.1998@ander- runs into fellow Mill Valleyites and class- – will be in garden centers, grocery and Wisconsin yet to meet her, but am look- son.ucla.edu mates Kristin Silmore, Doug Fiek hardware stores nationwide starting ing forward to spoiling her rotten! 1998 EMBA Class Notes by Chuck and Grace and Todd Hawthorne spring 2007 (you gardeners can find a Guess I should take a step back though, Davis all the time. … Sara, Noah and Don store at www.originalmulchblock.com). and tell you about their wedding – it was Marek are in their fourth year in The product is a water-saving mulch about two years ago, a beautiful sunset was elected to the Pleasanton, Calif. We are enjoying the made of coconut husk in a compressed ceremony on the beach in Key West. … Kurt Rockwell Sierra Sands Unified School District convenience of suburbia, but we have to block that expands to the size of a large Julie Hoepner, Sean Amann and Board of Education in Ridgecrest, Calif., make our trips into the city on the occa- bag when adding water – “revolutionary” his then-fiancé (now wife) Lindsay, in the November election. … Ken sional Saturday to satisfy our “foodie” in an otherwise mundane category. We’re Stephanie Kimmel (’95) and I did needs at the Ferry Building. I celebrated hoping to penetrate the mass market for Anderson proud at the event. Julie, Merola reports the ninth annual Alpha 101 ski trip was in Park City, Utah, this my fifth anniversary at Mohr Partners 2008 and dealing with all the issues of a Marie O’Brien and I also joined Fran this fall and have the desk clock to prove typical startup. Made contact with for her bachelorette party in Las Vegas year. Save the date: the sixth annual it. In December, Sara opened the Anderson alums in various cities last year beforehand (sorry folks, what happens in Chris Newton Memorial Golf Tournament Pleasanton branch of Mill Creek when doing the trade show circuit and Vegas…). … In other section C news, is scheduled for August 17 at the Black Gold Golf Club in Yorba Linda, Calif. Academy, an after school enrichment will do the same this summer. Living in Laura Bonnett and her husband Rob program for writing, math, SAT prep and Ladera Ranch (south Orange Country, recently bought a house in Denver. other specialty areas for grades 5-12. Calif.) going on five years with wife Hopefully they’ve managed to dig out Sara’s mom has been running the Robin and Nico, 7, and Elizabeth, 5, who from the most recent blizzard by now! Fremont branch for nine years. I han- have just discovered riding Razor scoot- … Also, I mentioned that Sean Amann dled the site selection for their new ers at the neighborhood skateboard park.” got married – he and Lindsay are living offices and classrooms, and Sara was … Speaking of career change, Keith here in San Francisco, and Sean is now a actually a great client even if I did have McLane made me laugh out loud with marketing director at Glu Mobile in San to deal with “where is the deal?” being the following note, “This past September, Mateo. … I don’t see too many of the asked every morning over cereal. I left the suckfest-that-was-getting- other Anderson folks who live here in San Drew Skarupa and Chuck Davis in front of “Touchdown December was a fantastic month for worse-by-the-day, that was and still is Francisco, though I did randomly bump Jesus” prior to the UCLA-Notre Dame game in October. catching up with Andersonites. I flew the homebuilding industry, and started a into Gary Galensky down on down to Los Angeles to join Ron real estate auction company up here in Chestnut Street a few weeks ago. Gonen at the USC-UCLA game at the Northern California. The company is Gary’s still with PRTM and doing well FEMBA 1998 Rose Bowl. Ron came up to San called West Coast Home Auctions (though I suspect not as well since his FEMBA Class Francisco after Christmas for the (www.WestCoastHomeAuctions.com), and beloved Buckeyes lost tonight). Hey, Correspondents: Emerald Bowl (the Bruins played great we auction all types of real estate (but could it be that we’re the last remaining for three quarters). We tailgated before mostly single-family and multi-family res- ’97 grads that are still with the same Scott Isara the game with many undergrad friends e-mail: idential) for builders, developers, condo company after all this time? … I also [email protected] and Robin Leamy (’89) and his converters, financial institutions, govern- catch up with Cammie Doder every family. On Dec. 29, I helped Marta ment agencies and individual home own- few months or so. She is fantastic as Mike Whitehead Kaltreider throw a surprise 40th ers. We’ve had great results on our first always, and is doing a great job running e-mail: birthday party for Jeff at Gordon few auctions and will only do better as the Bay Area alumni association. … [email protected] Biersch. There were many, many fellow the housing market continues to tank, Julie Hoepner was out here recently for a la.edu

58 Spring 2007 1510 assets spring CN 5/3/07 6:49 AM Page 59

1998 East Asian archipelago. … Pursued Marin County matriarch, Julie must give up Assets, Dori and Brett Kelleran have by the Empire’s sinister agents (aka her X-wing Starfighter. … Dominique been living in the Seattle, Wash., area for Full-Time MBA Class Bill Schreiber, Paul Mohme, Litmaath River and her husband, Greg three-plus years now. Perhaps Seattle Correspondent: Stu Ramser and bachelorette River, left San Francisco in 2003 to pursue makes most people think of rain, but this Betsy Tong Jonathan Flesher), Lee their idea of “utopia” in Reno/Tahoe. Last winter has been a fun mix of snow, ice and e-mail: Kaplan races around a track year they decided Cleveland might be more a record wind storm which knocked out our [email protected] aboard his starship while Scott utopian. Dominique is running the interna- power for nearly a week. Brett is still enjoy- 1998 Full-Time MBA Class Notes by Ehlers looks for meaning on tional compensation and business support ing his job at Microsoft and they are blessed Betsy Tong MySpace. … group for Robert Half International (an old with two healthy, happy boys: Jacob, 3 1/2, client of mine). Her girls, Saskia, 4, and and Sam, 2. … A long time ago, in a galaxy far, far Nathalie, 18 months, adjusted to the mid- away…. It is a period of untold west lifestyle instantly while Dominique is months since our last update. Rebel still working at it. … Meanwhile Joe spaceships, striking from a hidden Cannon and Jason Pelletier are base, have won their first victory using the Force in order to save the planet. against the evil Galactic Empire…. Both have started companies to fight global During the years since graduation, warming – one founding a solar integration Dawn (’00) and Glenn company, the other defining low-impact liv- Anaiscourt managed to acquire Lee Kaplan. ing strategies for homeowners (www.low- Brett and Dori Kelleran. the ultimate secret weapon, two impactliving.com). Call one of these two, if Julie Cullinane-Smith is consulting Julie “Princess Leia” Mehta poodles, two law degrees and an you are tired of paying high electric bills, on a contract basis from Mill Valley, Russell moved to Tokyo with her husband, want to know the environmental impact of exchange student from Indonesia, a which gives her the opportunity to hang Ed. Julie is trying to adapt to $8 a gallon for typical homes in your area, or learn how to nation of 17,508 islands in the South out with little Olivia and Caitlin. As a milk and $22 for a small chicken. Since it is convert your Mercedes engine to run on Japan, the chicken has lovely packaging with vegetable oil, and which Chinese restau- each little chicken foot wrapped in origami rants supply the best fuel, and MSG and paper and tied with ribbon. Julie hopes to trans fat-free Kung Pao Chicken. … Young Finance find a Spanish language program for her Perennially baby-faced has Danny King children, Samatha and Christopher. … Scholar Winner moved to the Ewoks-ridden hills of beauti- Chris Erickson-King still reminisces ful Los Feliz where he is raising Zac with about the halcyon days when he could go his wife, Rina. Danny has discovered the UCLA Anderson doctoral graduate Tobias (Toby) around the globe at International Beer Bust Internets and is writing about them for Moskowitz (’98) received the 2007 Fischer and still beat a computer-generated Bloomberg news. In his spare time, Danny Fernando “Yoda” Orvananos in a Black Prize from the American Finance has started training chickens with inordi- light saber fight. Like Danny King (no rela- nately small heads. … Association. Honoring the top financial scholar Craig “Lando tion), Chris thinks the Internets will be prom- went to the Caloresian” Dehmel ising and has joined a start-up called Yahoo! under 40 years of age, it recognizes a body of Cantina Bar in Buenos Aires to party with As Yoda would say, “Big money he will aliens (illegal and other) from a current work that exemplifies the namesake’s hallmark make…hmmmmm.” Anderson class during a semester at sea. of original research that is relevant to finance You see Craig pictured with his wife, Suzi, practice. He is only the second recipient and was cited for his “ingenious and daughter, Chloe, wearing the latest in life EMBA 1999 jacket gear while preparing to board the careful use of newly available data to address fundamental questions in finance.” Millennium Falcon. … EMBA Class Correspondent: Now a professor of finance at the University of Chicago Graduate School of Kerri Pelonis Fox e-mail: Business, Moskowitz says he tries to find ways to measure things that are diffi- [email protected] cult to measure. He often uses proxies to explain financial phenomena in the 1999 EMBA Class Notes by Kerri absence of direct information. For example, he assumed informed trading was Pelonis Fox most likely if money managers are near to the source, and he found that this close geographic proximity is associated with improved stock performance.

Similar experiments are a characteristic of his work. Craig Dehmel’s family. Moskowitz also believes in being his own worst critic, a trait for which he Jolly continues to build a rebel army to credits UCLA Anderson Professor Mark Grinblatt, chairman of his dissertation fight the Dark Force. He now has four kids (the last one he calls Quiznos). He is plot- Back Row: Winston Mar, Russell Wong, Clarke Levine, Mel committee, and which he now tries to instill in his own students. He says, ting from the Garage, while looking for Lindsey, Mark Lui, Joe Betzer, Dan Fox, Michael Payne, “Results confirming your hypothesis are just the beginning of your real work: Andersonites with companies in which to Subrat Mishra, Jim Backer and Neil Jablon. Not pictured: invest. Recently Jolly hosted Steve David Vans Middlesworth (sorry David, I think you got cut thoroughly checking any way in which you could be wrong, so you can be confi- off). Front Row: Bill Raridan, Christ Reist, Kerri Pelonis Fox, Sasaki, Jonathan Flesher and Lorena McWilliams and Roberta Wollen. dent it means what you think it means.” Shaila Kapoor at Quizno’s first anniversary. In their first submission ever to the The big news this time around is that we had a mini reunion! Close to 20 of

www.anderson.ucla.edu 59 1510 assets spring CN 5/3/07 6:49 AM Page 60

CLASSNotes

us got together for drinks at the Luxe really enjoying the winter here in San Tina Sroat Hotel Oasis Lounge on Jan. 27. We real- Diego – no snow! When I heard that e-mail: ized it had been almost 10 years since January was usually the coldest month [email protected] we met (Balboa Residential, 1997) so we in San Diego with the average low of 1999 Full-Time MBA Class Notes by toasted to that. We were thrilled to have 49 and average high of 67, I had to Isabelle Fymat one of our favorite Anderson staffers laugh! Brrrrrrr. Here are some updates there, Roberta Wollen, who is enjoy- from some others. … Kevin Naya It’s been a very productive quarter for the ing retirement immensely. Russell sent in a great photo to share with class of 1999, literally! I count eight birth Wong gets the award for traveling the everyone. Kevin’s with his three girls - announcements, six relocations (many back Lin Ng. farthest (Hawaii). Everyone had such a the Naya triple threat (Julia, 6, to Los Angeles) and three weddings, among welcomed great time that we are definitely planning Christina, 4, and Sydney, 4). Life can’t all the other exciting professional and per- Barbara Liang Brandon Lin four and a half months a big one for our official 10-year reunion get any better than this! … sonal news. Birth announcements include ago, and says “Hello from Taipei.” … in 2009…. Updates from some of the Martha Irwin Serby, who gave birth attendees include: Winston Mar is to Wilson MacLeod Searby on Sept. 19, about to launch a new waxing product 2006. Wilson joins sisters Sophia and Ingrid. on QVC. … Neil Jablon is living in … Joe Vitale and his wife, Jenny, wel- San Diego working for Qualcomm, comed Joseph Michael “Joey” into the preparing to launch a new product that world on Nov. 29, just in time for the holi- he will let us know more about in the days. … Lin Ng gave birth to a beautiful, next update. … Jim Backer is doing healthy girl on Dec. 10, 2006 weighing 7- well with his commercial real estate Kevin Naya and the Naya triple threat. pounds, 12-ounches and measuring 20.25 business in Valencia. … Michael inches. She is the first child and grandchild Payne shared some stories about work- Mitch Beaumont reports, “The on both sides and is being spoiled silly. … Barbara Liang and family. ing with the USC MBA program (but of Beaumont clan continues to maintain a course UCLA is still his favorite). … In busy life. Wendy and I still live in terms of other updates, we heard from Orange County ’s Ladera Ranch and Peter Chen, who wrote, “I am still in have three children Tyler, 5, Ally, 3, Joining Friedman, China right now working for Coherent Cassy, 1 1/2. Weekends are filled with Billings, Ramsey and Co. Inc. Sales doubled during my two years their activities, and I’ll be trying my here, organization size tripled. Workload hand at coaching t-ball soon. Work has seems to be adding up, and I am close been equally busy at PRTM where I Blake Tennant (’99) has joined Friedman, Billings, to hitting the diminishing returns.” … recently became a partner and focus We also heard from at least 10 other on our product and service innovation Ramsey and Co., an operating subsidiary of classmates that were trying to come practice area.” … Paul Vu reports, Friedman, Billings, Ramsey Group Inc. (FBR), as meet us but just couldn’t swing it. It’s “2006 was a busy year for me. My senior vice president of its diversified industrials always nice to hear from people – keep third daughter, Keira, was born in June sending in updates. weighing 6-pounds, 8-ounces. The group in investment banking. Headquartered in three girls keep us extremely busy. My Washington, D.C., FBR offers proprietary industry, business unit at Zarlink was acquired FEMBA 1999 by Conexant in October and I am cur- legislative and regulatory expertise in diversified industrials, one of eight industry FEMBA Class rently working for Conexant in the sectors on which FBR focuses its capital and financial abilities. marketing and business development Correspondents: "The addition of Blake to our diversified industrials group demonstrates DeAnne Steele role based in Newport Beach. With the e-mail: deanne.steele.1999@ander- new company, I have been doing a lot FBR's commitment to strengthening our current industry verticals and positioning son.ucla.edu of traveling lately. With my travels and ourselves to maintain and achieve market leading positions across the board," new daughter, my wife has quit her job Ken Stockman says J. Rock Tonkel, Jr., president and head of investment banking. "The strategic e-mail: in order to give the children adequate [email protected] attention at home.” … I was in placement of a veteran who brings years of industry-specific and capital raising la.edu Chicago in June for a tradeshow and experience will certainly help us attain those goals." ran into David Rodewald and Bill 1999 FEMBA Class Notes by DeAnne Prior to his arrival at FBR, Tennant was director of investment banking at Steele Conroy. It was good to see them, and I hope to catch up with other Citigroup Global Markets, responsible for mid-size regional financial sponsors and classmates in the near future. Happy New Year FEMBA ’99! I hope middle market clients in the western United States. His coverage focused on you all had a great 2006, and wish you an even better 2007! Not much industrial clients particularly within metals and mining, paper and forest products, news from me, except that I’m now 1999 engineering and construction, and defense and aerospace. His extensive transac- Full-Time Class the portfolio manager not just for the tional experience includes his time at Schroders & Co. where he was a member La Jolla office of US Bank, but for Las Correspondents: Vegas. So, I’m there at least twice a Isabelle Fymat of the European emerging markets team and at Oppenheimer & Co. Inc. where he month now. Too bad I never had Davis e-mail: isabelle.fymat.1999@ander- was a financial analyst in the investment banking department. teach me how to count cards! I’m son.ucla.edu

60 Spring 2007 1510 assets spring CN 5/3/07 6:49 AM Page 61

Greg Isaacs and his wife, Leah, wel- writes, “After nearly seven years at Greiner on Oct. 28 in Santa Monica. After Laura Kaufman, real estate agent comed their first child, Julia, on July 31. General Mills in Minnesota, Kimmra and I running the medical division of Zenith extraordinaire, reports, “Things are going And after five and a half years, he also moved to Evansville, Ind., last April to be Insurance Company for five years, Matt great in San Francisco. Despite the slow- resigned from eBay to join Leadpoint, a closer to family and for both of their decided to roll the dice on another entrepre- ing real estate market here, I had anoth- rapidly growing Los Angeles based careers. I’m now the director of con- neurial venture. They are moving to the Bay er great year working with buyers and Internet company. They are both excited sumer marketing for Mead Johnson Area, where Matt and a business partner are sellers, closing 18 transactions and earn- to be moving back to Los Angeles after Nutritionals (think Enfamil Infant launching a consumer directed healthcare ing Top Producer status for the third year seven years in the Bay Area. … Formula). Though Kimmra and I are services company, SignatureMD (www.sig- in a row. I am really looking forward to working together again, she does not naturemd.com). … Just a few months going on a nice, relaxing vacation with report to me, and we don’t carpool (my after he welcomed his son, Joshua my husband, Doug, for the holidays and ESPN Radio addiction would suffer too Schnoll took a new job up in Redmond, spending some quality time with friends much). Now that we’re much further Seattle, with Microsoft. He reports that they before work gets busy again in the new south, my golf season has greatly have already settled in and welcomed Greg year.” … Intesar Haider reports, “I extended. But, let’s just say now I under- Scheuffele and family for a holiday visit. am living and working in New York City. I stand why my old “married with kids” … Manuel Monroy sounds busy these have been here since graduation. I am friends never golf. Having family nearby days. He reports that after three kids, and now with Citigroup working in structured has been a huge help since Owen over 100 trips back and forth to Mexico, he credit sales. Besides work, I have been Greg, Julia and Leah in Aruba. arrived. Evansville is only two hours has reclaimed his entrepreneurial spirit and doing a lot of climbing, mountain climb- started iPling.com, coming to your mobile Sergiy Bartoshchuck welcomed his from several cities (Louisville, ing that is. In January 2003, I climbed a second son, Alexander, to the family, on Indianapolis, St. Louis, Nashville) so phone this fall. … Tiffany Chu Chen new route on Mt. Vinson in Antarctica. In Nov. 8, 2006. He writes, “Upon gradua- please let me know if you’ll be in any of writes, “Edward and I took Sabrina, 5, and May 2005, I climbed several peaks in tion, I returned to Ukraine, re-joined those places and would like to catch up. Brandon, 3, on their first Walt Disney World Greenland, one of which was a previously Xerox as ops manager and soon took the And if you are looking for a marketing vacation for a week in December and had a unclimbed peak. Finally, I got married to position of country manager in which I job, Mead Johnson is always looking for blast! Brandon just turned 40 inches, so he Jill Mangone in December 2005. We live in remained for two years until 2002. After talent.” … was tall enough to ride Splash Mountain, New York City with our dog, Watson.” … leaving Xerox I joined Consulting Service Big Thunder Mountain, Tower of Terror, of Investment Banking Group Test Track and more! The kids were SigmaBleyzer and was head of consulting super brave and enjoyed all the thrill until last year when I switched to PE rides as much as I did.” … within the same company. Now I lead a deal teams in pharmaceutical and retail sectors.” If you happen to travel to Kyiv, he invites you to call him at +38050 3434-194. … Hingher family. Jill and Intesar in Big Sur, Calif. Bobby Rice and Ashley Aitken were Lynn Morford writes, “I have been married May 27, 2006, at The Greenbrier busy here in Los Angeles with our two in White Sulphur Springs, W. Va. There girls, Maggie, 5, and Lily, 2. I see were several Bruins in attendance includ- Tiffany Chu and family. Robyn (Nestadt) Lewis several ing (bridesmaid) Marta Ferro, who times each week. She has three children Jeff Schwartz has firmly resettled in introduced the couple and takes all the now, two boys and a girl! Los Angeles, and looks forward to recon- credit, , Matt Cwiertnia Brian necting with the Anderson alumni net- and . McNamara Will Macomber work and the Anderson ACT program as They are still living in Los Angeles, as the it has been very useful in connecting him winters are much better than Ashley’s with job opportunities in the area. He is Happy dad Sergiy Bartroshchuk and his son, Alexander. native Toronto. I understand that Bobby now working for Payden & Rygel on the and Ashley were married on the same Al Sargent and Diane Atkin mortgage and asset backed desk as a day as , even though Sargent (’00) welcomed their daugh- Bob Valentine structured products analyst. Apparently it they attempted to pick different week- ter, Sarah Veronica Sargent. Sarah was is quite an adjustment from the traveling ends. But wedding planning and coordi- born July 31, at 8:34 p.m., at California lifestyle he led while exploring the nation was not left up to the boys. … Lynn, Michael, Maggie and Lily Morford. Pacific Medical Center in San Francisco. Alaskan backcountry, Ireland and Peru Al writes, “Sarah has beautiful eyes, a for one and a half years. … I recently worked with Julie full head of brown hair and a cute dim- DesJardins, and her husband Steve, pled chin. We are grateful that both mom on a very successful Epilepsy and baby are doing well. Sarah joins her Fundraiser. Julie and Steve chaired the big brother, Ethan, born in 2004, as the event and raised over $800,000! She newest member of our family.” … Jeff writes: Julie and Steve have done some Hingher welcomed his son, Owen, on amazing fundraising for the Epilepsy Oct. 3. Owen was lucky to be born at Foundation of Southern California. Their 3:38 p.m., just in time to watch the only Bobby and Ashley Rice. event, only in its second year, was the playoff game the Yankees won this year largest fundraising event for the founda- with his dad. (Good planning Owen!) Jeff Matt Jacobson got married to Alison Jeff Schwartz at Macchu Picchu. tion thus far.” …

www.anderson.ucla.edu 61 1510 assets spring CN 5/3/07 6:49 AM Page 62

CLASSNotes

trip into Cameron Indoor Stadium at Karin took on a new project within Levi’s hear what’s going on with our class- Duke, and Catie gets to experience what that will eventually lead her to Spain in mates, and I know you do too, so please real college basketball is all about (sorry the next 18 months. After seven years at keep the news coming! Aden and Bruin fans!). Alas, her Hoosiers don’t do the Gap, Jennifer has started a new job Susan Kun are happy to announce the so well against superior competition, and at Pottery Barn Kids. And later this year, August 2006 birth of our son, Aaron, the results speak for themselves. Doesn’t we will have a lot more to celebrate with (he’s 3-months-old in the photo). Aaron she look smart in her new colors?” By Jen as well as Ileana. So stay tuned, and is one lucky baby as he’s already being the way, their Christmas card was really thank you all for your updates. Keep spoiled rotten by many Andersonites. We Julie and Camille DesJardins and Maggie Morford. funny as well. … them coming! Have a happy and healthy live in the Los Angeles community of New Year everyone! Playa Vista, and I’m approaching my Fresh from her honeymoon, Christa sixth year at Amgen. Life is beautiful – writes, “I Wollenweber Robinson and suddenly very suburban. I hope have been working independently as a FEMBA 2000 everyone is having a terrific year. … global sports event consultant and have been traveling to the Caribbean for the FEMBA Class last two years, helping them prepare to Correspondent: host the ICC Cricket World Cup. After my Bill Kelley wedding in August, and having finally e-mail: william.kelley.2000@ander- tired of travel (I thought it would never Catie doesn’t look too happy in Duke Blue. son.ucla.edu happen), I have decided to shift my Many of us were sad to see Nancy event planning focus from global sports Shultz move back to the Los Angeles area, Michelle Walker Thurman events to special and corporate events. but as she reports, “I did it for a job that I announced that she and her husband, My new company is called Eventus: love. I still go up to visit several 1999 grads Scott, just had a baby girl (their first). Momentous Events, Simplified (web site in the Bay Area (Isabelle Fymat, Her name is Camdyn Thurman. She was coming soon: simply-eventus.com). As Karin Kelly, Jen Samuelson, born on June 7, 2006. She weighed 6- for my shameless plug, if you know any- Stephania Gaspar, Laura Kaufman and pounds, 10-ounces and was 19 inches one that needs help planning their wed- Ileana Perez), and it was really hard to long. ding, anniversary party, corporate sales leave, but it has been good to shake up life. Susan Kun, Aden and Aaron. event or any other celebration or large I just bought a condo near the beach and Jeremy Woods has sent us an meeting/forum, send them my way! I love being warm for a change! (I envy you update on what he’s been up to since we wish you all the best in 2007!” With a Nancy.) And I’m really looking forward to gradated: After six years outside the three-year lead on Yariv, Christa gets the reconnecting with several So Cal folks. I United States (three years in Germany, title of “the REAL Mrs. Robinson!” recently started by celebrating Sandy three years in Brasil), I moved back to Huang-Cook’s birthday with Nathan Los Angeles in August 2006 and started Cook (’00), Helen Azrin Holden working in a new job as an account and about 30 of Sandy’s closest friends, as executive (i.e. headhunter) for Robert well as Andy and Tisha Ajamine Thurman with husband Scott and daughter Camdyn. Half Management Resources. I’m also still Berman and their beautiful baby girl.” … running a “labor-of-love” consulting Tina Ting Sroat, our other class correspon- agency called Market Driver Consulting in dent, writes, “After almost a year of being the triangle North America/South out of our home, we’re back in and were 2000 America/Europe. Market Driver works as able to enjoy the holidays in our remodeled Full-Time MBA Class a deal-broker for a handful of entertain- abode. Bennett finally left Cisco Systems Correspondent: ment industry projects (mostly concert where he has worked since graduation and Kerri Sonenshine bookings and music [recording/publish- joined Archstone Consulting where he’s w: 949-437-1397 ing] rights licensing) and third party embarking on many new adventures and e-mail: sales services (mostly medium-sized, pri- learning to live out of his suitcase. Emma, 7, [email protected] vately/family-owned businesses in the is now in second grade and looking forward .edu bio-tech and consumer products/retail Yariv and Christa Robinson. to her First Communion while little brother 2000 Full-Time MBA Class Notes by industries) looking for international repre- Mads, 4, loves his Montessori school. Same Kerri Sonenshine sentation in the countries where they do … Aaron Enrico writes, “Greetings old with Tina who is still at Gymboree in not currently have a presence. I’d love to from Dallas from your first Section B Janie & Jack merchandising. Who knew an hear from anybody who’s working cur- romance couple, Catie and Aaron Anderson MBA would come in so handy rently as an independent consultant, Enrico. My how time flies since our first merchandising children’s clothes all day! who’s worked in accounting or finance in semester of school, but memories are Hope everyone had a great holiday and has the past and is currently out of work, or never forgotten. Catie loves to tell the a very happy 2007.” … As for me, Isabelle who’s currently working and nonetheless story of how she first met Aaron at a Fymat, I recently celebrated my birthday at looking for a better job! Would also love pre-orientation party at the Midvale “Real the usual Fondue restaurant with Karin to speak with anyone interested in enter- World” house, when she first asked him, Kelly, Stephania Gaspar, Jennifer tainment industry live event booking “Do you think Christian Laettner is gay?” Samuelson, John and Ileana Perez Making a repeat appearance from last issue, Sanket and/or licensing deals, as well as anyone Well, we fast forward to November 2006 Street, and Yariv (’05) and Christa Agrawal shows off his latest addition, daughter Vanya. interested in expanding international when Aaron gets his payback. Catie’s Wollenweber Robinson. I think Thank you to everyone who sent in sales/capital investment (regardless of beloved Indiana Hoosiers finally make a everyone has a big year ahead of them. updates this quarter. I always love to industry/niche) in the triangle of North

62 Spring 2007 1510 assets spring CN 5/3/07 6:49 AM Page 63

America/South America/Europe!” … blessed with an extra special Christmas world on Aug. 1. He is a wonderful report that it has been a remarkable Amy Sakaldasis Silver reports that present. Our daughter, Aisha Bella baby and very patient with his older year. “We are the pre-eminent repro- after graduating from Anderson, “I Vaughan, was born on Nov. 17! Her brother and sister. We took him to ductive tissue bank in the world, one worked for BGI for four years. In 2004, I name means ‘beautiful life’ and that is Rome for his baptism when he was 2 of the foremost cord blood banks in resigned and returned to Mellon Capital, her gift to us!” … months old, which was quite memo- the nation, and we offer great the company I worked for prior to busi- rable. On the work front, I am cur- Anderson alumni discounts! My job is ness school. I am a portfolio manager in rently helping Ryan with his next made easier by the sensational work the active currency group. The big news business acquisition, another con- of a couple fellow Anderson grads is that my husband, Jason, and I wel- struction related company in Phoenix, that I hired: Manel Sweetmore comed our daughter, Caitlin Julia, on Ariz. … (CFO) and Erin Bauling Mayer May 31. Working full-time with a daugh- (cord blood marketing/sales manag- ter is tough; it doesn’t leave much time er). My family is thriving, and my for going out. My first social outing when children (now 1 1/2 and 3-years-old) I returned to work was meeting Neesha are greatly enjoying our new home in Hathi for happy hour! I was disappoint- Santa Monica and have enjoyed a bit ed to have to miss the reunion last year. of recent domestic and international I look forward to our next one!” … travel this year (trips to Israel and Yosemite). I recently joined and have Roeya and Aisha Vaughan. been active in a wonderful education- Todd Smith brings us the reality of Erin, Ryan, Riley, Catherine and Charlie Kerrigan. al and networking group, the Young life, “Wish I could say 2006 was a David Katz joined on as CFO for Presidents Organization (YPO), Malibu good year, but that would be a bit of a Waterhealth International effective Chapter, and am looking forward to stretch – burglary, car accident, two July 1. Our company’s mission is to finding other Anderson grads to join. I surgeries, a break up, real estate deals provide clean, affordable drinking wish everyone a great 2007! … gone bad, etc. But ever the optimist, water to even the poorest of the poor the year seems to be closing out well in developing countries around the Amy Sakaldasis Silver, Jason and daughter Caitlin. with a lot of consulting business, and a world. We are currently primarily Roger Chen recently started a new strong forecast for Florida in 2007. If focused on India. The company is position at AIG in their enterprise risk anyone is looking for a change of based in Irvine, so I am spending a management group in New York. Just scenery, please look me up. I would lot of time in the OC.” … Gary before the holidays I caught up with like to bring in some partners and Weinhouse (FEMBA ’00) has Albert Chou, his wife Karen Kuo, and expand my business!” … Erin just completed his first anniversary son Christopher, who were paying a visit (Prinn) and Ryan Kerrigan welcomed as CEO of California Cryobank/Family to New York from Los Angeles. … Erin Charles Woodford Kerrigan into the Cord Blood Services and is thrilled to Gary Weinhouse and family at Yosemite. McGraw (Vera) married Ross Vera on a ranch in Paso Robles, Calif., on May 6th, 2006. “The ceremony was officiated by Jennifer Raymond (Kunz). In Three New VPs at Northop Grumman Corporation addition to Jennifer, there were many Anderson alums in attendance, including Northrop Grumman Corporation recently appointed three UCLA Anderson alumni as vice presidents at the company's Space Technology Steve Raymond, Diane Sargent (Aitken), Al Sargent (’99), sector to lead the Advanced Concepts organization; the Intelligence, Surveillance and Reconnaissance (ISR) Business Development organiza- Shanie Laflamme (Geddes), tion; and the Contracts, Pricing and Programs Business Management organization. Steph Laflamme, Kathy Mitsukawa, Vanessa Toy, and Steve Hixson (’02) will lead the newly created Advanced Concepts organization, established to identify, define and mature concepts for Susan Kun. After the wedding, we went new mission areas and develop responsive and rapid prototype solutions. Advanced Concepts is a strategic response to the growing need on a short mini-moon to Carmel, Calif., and then in October, on to our mega- for a quick turnaround capability for lower-cost demonstration programs. Previously the director of the Programs Directorate for Space moon in Spain and France. We are cur- Technology's Programs core process organization, Hixson has 24 years of industry experience at the company. rently living in San Mateo, Calif.” … Timothy J. Frei (’01), as vice president of ISR Business Development, will lead the formulation and execution of Space Technology's ISR market area strategy and head new business pursuits. In addition, Frei will oversee the architecture, design and development of advanced systems through both government and internally funded studies, and he will determine the appropriate technology investment strategy for future ISR needs. Brian Chappel (‘91) likewise brings a broad set of skills to his new role as vice president of Contracts, Pricing and Programs Business Management. He has more than 20 years of combined government and industry experience in a diverse set of business, strategy, management and technical disciplines. Prior to joining the company in 1993, Chappel spent nearly 10 years in the U.S. Air Force, where he held a Erin and Ross Vera. number of leadership positions in program acquisition and management at the Air Force Space Division and the Ballistic Missile Office. Roeya Badri Vaughan reports that “this year, my husband, Eric, and I were

www.anderson.ucla.edu 63 1510 assets spring CN 5/3/07 6:49 AM Page 64

CLASSNotes

On Election Tuesday, Terry Chi’s hus- twice a week. Mindy is taking a EMBA Philadelphia. I’m managing Comcast’s band, John Chiang, won the quick break from Amgen, and Frank 2001 business intelligence / web analytics California State Controller race by a continues to work at Yahoo. … EMBA Class Correspondent: team in their interactive media group. As margin of 700,000 votes. Thanks to Jennifer Dryden you may imagine, my family is quite the Anderson community for their e-mail: jennifer.dryden.2001@ander- excited to move from the warmth of support! … Frank (’00) and son.ucla.edu Austin for the cold of Philly! If you run Mindy Han (’05) recently added into any Andersonites who are headed to a new addition to the future class of Philly, have them drop me a line.” … The Anderson (2035?). Abigail (Abby) FEMBA 2001 Anderson family keeps growing. Frank Han was born on the eve of FEMBA Class James reports, “Our first child, Arianna, Halloween, weighing in at 5-pounds Correspondent: was born on Nov. 16, 2006. Mum Stacy and 15-ounces. She has been chug- and Arianna are both doing well.” … Frank, Mindy and Abby Han. Grady Smith ging down mommy’s milk and has e-mail: made up for her small size by quickly Shawn Campbell will be moving growing to about 9 1/2 pounds after from Manhattan Beach to Manhattan [email protected] less than two months. She has also (New York) in January, “to open a new memorized the hours at the new office for my company, Hotel Financial Topanga Canyon mall and expects us Strategies. Looking forward to catching 2001 to take her shopping there at least up with all the New York alums!” Full-Time MBA Class Correspondent: Todd Gemmer e-mail: todd.gemmer.2001@anderson.ucla.edu Tapped to Run Sendio 2001 Full-Time MBA Class Notes by Todd Gemmer Kelly J. Anderson (EMBA ’03) has joined Reunion, or not. We had a good turnout Frank, Stacy and Arianna James. Sendio Inc. as CEO. Sendio is focused on pro- for the Reunion Weekend in October. Zac Lyons has a similar report, “My viding messaging integrity for organizations More than 125 from our class were there wife, Theresa, and I had our first baby, for at least one event, and we had to pull that rely on the e-mail experience. Its flagship Brendan Lyons, born on July 14, 2006. together a couple of extra tables to He is a handful but is definitely worth product, the I.C.E. Box (Intercept, Confirm or accommodate the interest for the dinner it!” … Eliminate), was named “best of the best” prod- on Saturday night. Here is a picture from the Family Picnic, with Laura uct of the year in the 2006 Government Terborgh, Todd Gemmer, Scott Computer News Lab Reviewer’s Choice Awards. Showalter, Rex Babiera, David Ting, Michael Silberberg, Ronen “Sendio has tackled one of the most challenging issues plaguing today’s and Yael Vengosh, Jason Kowalski enterprises,” says Anderson. “The dramatic increase in unwanted messages will and Rick Sliter. … bring e-mail communications to its knees if left unchecked. The I.C.E. Box is the first tool to solve – rather than simply reduce – the problem, slamming the door on spam forever.” He further explains that most corporate anti-spam systems rely on filters and Zac, Theresa and Brendan Lyons. algorithms that miss large numbers of unwanted e-mails while mistakenly char- Dan Rosner is also adding, “I got acterizing useful messages as spam (known as “false positives”). The Sendio married to Jeanette Moshkovich on Nov. Alumni Weekend Picnic. 5, 2006. Kristin Bareuther was I.C.E. Box is a hardware device that seamlessly integrates with all enterprise mes- there. We went on a two-and-a-half saging platforms to process millions of messages a day per server and is the Under the category for “good” excuses week honeymoon in South Africa (with- not to attend the reunion, David out Kristin) and had a great time, espe- only enterprise-level tool that uses Sender Address Verification (SAV) to provide Mcbride enters his bid. “I was hoping cially on a three-day safari.” … messaging integrity. to attend the reunion back in October, but a friend from Japan called and said he Anderson is an expert in enterprise networking, communications security and had spare tickets to see U2 in Tokyo. I wireless broadband value-added services. He has a proven record in developing couldn’t convince my wife that I had to emerging markets, working for companies such as Nortel Networks, GoRemote go to both U2 and the reunion. So I chose the U2 concert. It was great to go back and IP3 Networks and advising early-stage start-ups during his tenure at Tech to Japan after not being there for six West Ventures. years. The other big news from the McBride family is that I recently left my position at Dell and joined Comcast in Dan Rosner on honeymoon.

64 Spring 2007 1510 assets spring CN 5/3/07 3:22 PM Page 65

Claudia Lewis has lots to share, “Happy Happy New Year. Grace and David Ting Sometimes when I sit down to write bothered to “Google” anything related to New Year! I’m writing you to give you some started off 2006 by watching the Rose these notes for the FEMBA Class of these notes, that last part about news on an exciting adventure I’ve decided Parade in Pasadena and decided to end the 2002, I feel a bit like the Publisher’s Hemingway was added by Yvonne. to pursue. Effective next Thursday, Jan. 18, year in Manhattan. They waited six hours to Clearing House guy that gets to deliver Congrats Yvonne. You look great. … I have accepted the position of COO of a hold their spot in Time Square to watch the the good news to newly minted million- national K-12 non-profit called the ePALS ball drop on New Year’s Eve. They then aires. I don’t exactly change people’s Foundation. For nearly a decade, this organ- spent New Year’s Day with Mike Hsu and lives. And no, I don’t deliver a heavily ization has been providing literacy programs his wife, Lee Tang, who live in New York, tax-dented payment or even magazine to the Washington, D.C. public school sys- where they gave Grace and David a wonder- subscriptions. Crud, I don’t even get to tem. Recently, the company’s founders ful tour of South Manhattan. Wishing every- drive a van or hand out balloons. But I decided to merge with an online classroom one success in the New Year, Todd. … do get the benefit of letting the good exchange that provides a network of more news speak for itself. … For instance, than 120,000 collaborating classrooms and Joey Destasio, a veritable fountain of seven million students in 191 countries, cre- good news, is always spewing something Yvonne Cooprider in Europe ating a for-profit venture called ePALS that and just can’t seem to keep his name Our own adopted mother, Elizabeth will be the home of these programs and out of the notes. Defying better judg- Ballmer, took a break from Mai Tai’s services. The closely associated non-profit, ment, Joey continues to procreate. His on the beach to let us know that she’s ePALS Foundation, is dedicated to bringing lovely wife, Shawn, gave birth to a been up to. She vacationed in a Mexican the same programs and services to under- bouncing baby girl in August, which casa near the beach surrounded by served communities. I will be responsible brings his cute little girl count to two. coconut palms, bougainvillea and the for creating the infrastructure to support David Ting and Mike Hsu. Mia Madalene was healthy, measuring 20 roosters of Manzilla, three hours south of this new national non-profit organization Here’s a quick update on the Brandon inches long (which Joey notes is juuuuu- Puerto Vallarta, a very small fishing vil- and overseeing the programs that it will Edwards (FEMBA ’01) family. “I am uuust a little shorter than yours truly) lage one hour from Melaque. Says provide to school systems throughout the now a partner in the state’s fifth largest and 6 1/2-pounds. In all seriousness, Elizabeth, “Very much a not-to-worry country. Many of you know how dedicated I PR/public affairs firm, Davis, and I was congrats Joey. Very cute lil gals. … And manana no problema atmosphere, lots of am to children, and in particular to issues just named president and COO after joining how about news straight outta Spruce- socializing with the expats here from of education in our underserved communi- the firm in early 2002. With our kids now ville? John Spruce was recently England, Canada, Italy, etc., artists, and ties. This opportunity offers me the chance 8, 7 and 5 years old, we’re busy with named the big cheese (CEO) of his com- wonderful local village Mexican fisher- to join a growing organization with a robust, youth sports and lessons galore. In fact, pany, Mechtronic Solutions Inc. I believe men and their families. I escaped for the research-proven history of improving the I’m coaching youth basketball in the midst that it actually says ‘Big Cheese’ on the holidays, first time in many years I’m not academic achievement of thousands of of the chaos. My wife is teaching pre- business card. Mechtronic Solutions skiing with family but am with a very students. (I will be remaining in the school at the top local Christian school, sounds pretty interesting – not sure what good friend who retired and bought a Philadelphia office, as that is where the and things couldn’t really be going any they do, but I’m sure if building the per- house here.” Love ya Elizabeth. … Until foundation will be headquartered). I’ll keep better. We just moved to a new house in fect male specimen is on the menu, Joey next time, Chad. you all posted as this adventure continues, Santa Barbara, and Anderson alums need D. would be happy to offer his services and if you ever need to know anything to get themselves to Santa Barbara to see as the prototype. … Dyan Decker is about literacy or online education communi- what they’re missing.” becoming a bit of a local legend and was 2002 ties, please give me a ring!” … Back in admitted into the partnership at Full-Time MBA Class PricewaterhouseCoopers (PwC) in July. SoCal. Michael Bass has returned to Correspondent: the area, along with his wife, Kathy, and EMBA 2002 She leads the forensic technology prac- hounds Rusty and Toby. His new position tice in Southern California. Outstanding David J. Whelan EMBA Class achievement Dyan. I’m not sure if watch- e-mail: david.whelan.2002@ander- is CEO of Thousand Oaks Surgical Hospital. Correspondents: son.ucla.edu … Richard Colback has also ing reruns of “C.S.I.” qualifies you for returned to California. He reports, “I am Margaret Abeles forensic technology, but if so, I hope I 2002 Full-Time MBA Class Notes by now back from the United Kingdom and e-mail: margaret.abeles.2002@ander- can count on you to check out my David J. Whelan living in the South Bay with my family. We son.ucla.edu resume. Great to hear from you. … have recently been joined by a son, David Ebersold Yvonne Cooprider should write her We’re starting 2007 with a quick update, Nicholas, to bring great happiness to us e-mail: david.ebersold.2002@ander- memoirs now. She was promoted to which means we should be due for a and his big sister, Sophia.” … son.ucla.edu director of marketing for Gelson’s ginormous set of notes next time. Rumor Markets (NASDAQ: ARDNA), a chain of has it that some of you owe me marriage 18 grocery stores headquartered in and baby news, not to mention updates FEMBA 2002 Encino, Calif. In her words: “I also took on Midwest relocations. If you are guilty, FEMBA Class my first trip to Europe: six days in please drop me a line with the 411. I can southern Spain based out of Marbella, Correspondents: offer some exciting baby news to tide including side trips to Granada, Ronda, you over until next time. … May Jeffrey Ryan Gibraltar and Tangiers, Morocco; followed Hasso and Luis Serrano had their e-mail: by fabulous four days in London. Any first baby in September. Ava Noelle [email protected] Anderson alumni looking to hire an Serrano weighed in at 8-pounds and 21- Chad Michael Smith American, drop me a line.” Yvonne inches, which Luis points out is “a huge e-mail: attached a photo of her at Ronda, Spain, baby for average-size parents.” Luis is [email protected] where many of Ernest Hemingway’s nov- still at Boingo Wireless, and May is still 2002 FEMBA Class Notes by Chad els were penned. Before you get too running her two fashion boutiques in Richard, Sophia and Nicholas Colback. Michael Smith excited that I did any research or even Westwood and Manhattan Beach. The

www.anderson.ucla.edu 65 1510 assets spring CN 5/3/07 6:49 AM Page 66

CLASSNotes

busy couple also recently moved once brate Halloween with her daughter, FEMBA 2003 .edu again to a new place in Manhattan Andie. They also recently moved to FEMBA Class 2003 Full-Time MBA Class Notes by Beach. … Dublin, Calif. … Nick Neisler Correspondent: Stephen Yu Lori (formerly Zarutsky) and Pete e-mail: Whiting are now the proud parents [email protected] of Hannah Cali Whiting. She was born 2003 FEMBA Class Notes by Steve Yu on Nov. 25 at Brigham and Women’s Hospital in Boston, where they now For the FEMBA Class of 2003, looks like live. … Craig Albers writes, 2006 will be remembered as the year “Moved from Philadelphia to San their families got just a little bit bigger, May Hasso and Luis Serrano ring in the holidays with their Francisco in the fall of 2006. I’m just Tammy Chin and daughter Andie enjoyed a Halloween pumpkin either from new births or due to mar- not an East Coast dude. Working in first child, daughter Ava, born in September. patch last October. riages. Check it out: Dale fixed income sales at UBS in San They probably can take some lessons at and wife Courtney gave A bit farther afield, Iván Brockmeyer Francisco. Sooooo happy to be back busy-ness from , whose birth to their second daughter, Sydney Chris Lang Markman, Mariana and little Iván west.” … Cory Cunningham is the third child, Elodie Addision Lang, was Brockmeyer, on Dec. 14, 2006. Their first Manual were headed to Argentina for new San Diego Anderson Alumni born Dec. 12. At 7-pounds, 7-ounces and daughter, Paige, was born on Aug. 2, the holidays. … Omer Burak Chapter president. San Diego alumni, 20.5-inches, Elodie could almost give Ava 2005. …Jonathan Demeter and sends a New Year’s update please contact him. … In May, a run for her money. … Ozkan wife Karen are proud to announce the on his business and personal life. His Adam Shaivitz and a team of con- birth of their little girl, Sarah Rose. She sultants launched Accelerate British-Turkish real estate venture arrived on-time on July 8, 2006. … (braemoregemini.com) is on target to Performance Sales Consulting (www.accelerateperformance.com.) break ground on its second residential The company creates and delivers cus- project, and he has also diversified tomized sales performance develop- into the children’s toy market ment programs for salespeople and (creokids.com). He has adopted a sales coaches/managers. Adam also new personal credo, complete with a recently co-authored an Amazon.com nifty MBA/consulting title, the 4+1 best seller “Selling is Everyone’s S’s: Simpler, Slower, Settled, Serene Chris Lang and family welcome daughter Elodie, born Dec. 12. Business.” … Mike Paiko writes, and thus Satisfied. Definitely some “My wife, Calona, and I had a baby girl food for thought in that one! … Jonathan Demeter, Wife Karen, and daughter Sarah Rose. Bryan Eleazar reports that he on Oct. 24, 2006. Her name is Delia apparently and Annie Stark were married over Adam Hertzman Toni Gustafson, Cesar Gonzalez Yook-Shu Paiko. Everyone is doing already gets it, as evidenced by his Thanksgiving weekend in Dana Point. and Michaela (Soukal) Tilton are great.” … Kara Kuchem writes, He “figured anyone who could toler- Pittsburgh-based juggling club, the still getting together as a study group. “Ian Davison and I (both Class of ate Tour de Strand as a second date Steel City Jugglers. He also finds But now they have a new edition with 2003) got married on Sept. 30, 2006, was a keeper” (and I should know, time to interview Anderson applicants, Michaela’s baby, Sofia. This is a pic of in Sonoma County, Calif. We had lots since I ended up photographing the along with continuing to grow his role them meeting up for lunch and wine in of Anderson folks in attendance, new couple that day, to memorialize as a category manager at PPG Santa Barbara over the winter holidays. … including Sachin Saste, Josh the event). Anderson attendees Industries. … Mitch Brody offers Klein, Katie and Doug included Will Minton (and wife an update to our last issue. Still at McDonald, Penny Linge, Kevin Lane), Marc Vermut and Hoa Citysearch, his concierge concept is Datoo, Jen and James Beser, Truong. … From the East Coast, on hold as he moves into an expand- Priya and Tej Desai, Nitya Everett Gong notes that the ed role, heading up all partnerships, Kirat, Ray Oshtory, Glenn and hedge fund he and a friend were including those for Ticketmaster, Ania Lyday, Lindsay Kaplan, launching has been tabled, but he is Match.com, Ask.com and Evite. He Erica Mannard, Bret Rosen and keeping busy in Boston with a new and wife Tracy recently purchased a Chris Andrews. We honeymooned in Hawaii and are now back in Los equity research position with new home in Brentwood. Until next Cesar Gonzalez, Michaela Tilton and baby Sophia, Toni Riversource, the investment manage- time, David J. Whelan. Gustafson. Angeles, still both working at Mattel (keeping the Anderson dream alive with ment arm of Ameriprise. … Matt is proud to announce Sheila Murphy Ken and Barbie!).” … Coleman is taking Everett’s place that she is officially off the market after in the investment world, having EMBA 2003 marrying a fellow FEMBA, John launched his own “clean energy” EMBA Class Gersmeyer (’04). hedge fund in November. He credits Anderson connections as vital to the Correspondents: fundraising and launch, which can Frank Catalano 2003 almost forgive the fact that his part- e-mail: frank.catalano.2003@ander- ner is a Marshall grad. … We have son.ucla.edu Full-Time MBA Class holiday news of all kinds from Kimberly Clemenson Correspondent: around the world. Tammy Chin e-mail: Nick Neisler Davison Wedding. took time away from her product [email protected] e-mail: management role at AAA to cele- cla.edu [email protected] Tiffany O’Day writes, “The O’Days

66 Spring 2007 1510 assets spring CN 5/3/07 6:49 AM Page 67

Rosalind Chu reports that she got married on Sept. 30, 2006. Her Football Fantasy husband’s name is Karl Gaugel! Congrats to the happy couple. … In lieu of a traditional wedding There are about 20 million others like Max Handelman (’03) who are avid fantasy football cake, the couple served the over players, but few have turned their passion for playing into a successful commercial venture. 300 awesomely good cupcakes His book, “Why Fantasy Football Matters – And Our Lives Do Not,” with co-author Erik baked by our own Maggie Bohlman and frosted on-site by Barmack is in its second printing after being released through Simon & Schuster last her corps of executive volunteers August. and their families. Present at the event were Jon, Marta and Sarah Handelman says that while there are a lot of books about the game, most focus on Volkmann, Don and Nanci strategy. His book takes a somewhat humorous look at the subculture and what it says Gants, Michael Mazour and wife Kristiana Kincaid, and of about the players. It was based on the “league” he has played in for years, which includes two UCLA Anderson classmates course the cupcake-mistress her- (Simon Baukh and David Koshenina). The underlying conclusion is that there are few unifying social activities for men in our self. … society, and fantasy football serves as a way to stay in touch. “My partner and I did something uncommon for first-time authors,” Handelman says. “We sold the book in proposal form, as opposed to writing a manuscript first, and were paid in advance. We both have MBAs and wrote a compelling proposal, because it is not unlike a business plan with all the basics like market size, demographics and why we would be able to execute on the idea.” Handelman and his partner also write a column for Yahoo! Sports and on their web site at www.whyfantasyfootballmat- ters.com. Michael Mazour, Jon Volkman and me frosting cupcakes at Lee's wedding.

Not to be out done, Ben Galison [Terry (EMBA ’04)] and Tiffany as the general manager of Coolwater got married, changed jobs, and added another daughter to their family. Generating Station in wild, wonderful moved up to the San Francisco Bay Taryn was born on Nov. 4, 2006, three Barstow Calif. His family still lives in Area all in the last three months! days before the Santa Monica City Las Vegas, and he commutes home on His wife, Sabrina, is a registered Council Election in which Terry was a the weekends. His oldest, Kristine, is dietician who manages marketing candidate. Although he did not win, he switching colleges and will be attend- programs for the Dairy Council of led a great campaign and came in a ing UNLV this semester. Heather his California. They met on a Sierra very close fourth behind the three middle daughter, has been accepted to Club hike in Orange County last fall incumbents. (Three seats were open Fordham in the Bronx, New York City, and were engaged five months and all three incumbents were re- for the fall and is excited about mov- after their first date. He says they elected.) Terry is celebrating three ing there, while his youngest daughter, just knew. In December, Ben start- years as executive director of Shannon, has started high school. ed as a senior engagement manag- Environment Now, and Tiffany is cele- Kathy, his lovely wife, is doing well, er with Neochange, a boutique brating three years as director of oper- still moving ahead with plans to open management consulting firm in San ations for the Center for Autism & a high-end day spa with an emphasis Eddie Facey on magazine cover with his partners. Francisco with a unique niche in Related Disorders. (See also EMBA on overall physical and spiritual health. Michael Mazour reports that on Dec. 17, effective user adoption for software 2004 for photo.) … reports that in Eddie Facey Lee Goodglick married longtime sweet- deployment and technology change. January 2007, he was pictured on the heart and fiancée Rietta Coetzer, whom all of He will be working primarily with cover of Dental Town magazine, along you remember from our trip to Paris. The cer- Fortune 1000 financial services EMBA 2004 with his business partner and their emony took place somewhere you also will clients and software vendor part- EMBA Class Correspondent: vice president of professional relations. remember, Calamigos Ranch! Fortunately no ners. Ben says, “I’m excited to be Maggie Bohlman Dental Town has a monthly circulation of ropes or shackles were involved as Rietta and back in consulting, and my wife e-mail: about 130,000 dental professionals. Lee took the leap of pledging their eternal love. and I love living in the Bay Area. [email protected] Along with the cover shot, there is a I’m looking forward to getting back la.edu four page article profiling his company, in touch with EMBA classmates in 2004 EMBA Class Notes by Maggie New Patients Inc., as well as their the area.” … Terry O’Day Bohlman opinions on the current state of dental reports that “I didn’t win my bid advertising. In November of 2006, for Santa Monica City Council, fin- So another year is off to a busy start Eddie’s company closed escrow on a ishing just one percent behind the for us EMBA ’04’s… Rich Olsen property that will serve as their main three incumbents, who were re- reports that things are going well office, in the Spring Valley section of elected. Still, I won a new daugh- with him and his family. He has been Las Vegas. OK and now on to the wed- ter on Nov. 4, Taryn Juliet O’Day.” with Reliant Energy for the past year ding section of this report! … Lee and Rietta Goodglick at their wedding. (See also full-time 2003) …

www.anderson.ucla.edu 67 1510 assets spring CN 5/3/07 6:49 AM Page 68

CLASSNotes

and his wife spent some time in Italy pounds, 4-ounces. Both Dena and Ashley picture of himself, his wife, Patricia, recently. I was in Thailand teaching are thankfully doing well. Sean was noto- and their baby, Vinicius, (born on May Buddhist monks English in December. riously silent on his own condition. … 20), taken on New Year’s Eve in Rio Thank you to everyone who took the de Janeiro. time to send in updates. Next time perhaps we will do this by study group to see if we can get news from some of our classmates we haven’t heard from Terry O' Day with daughters Teagan and Taryn. in awhile!

Don Haisch recently moved up to Los Angeles from the OC and is FEMBA 2004 enjoying life in the big city. … Sean De La Torre, wife Dena and daughter Eva Ashley. FEMBA Class Luciano Oliveira with wife Patricia and baby Vinicius on Heather Gilmour accepted a writes in to report New Year’s Eve. position in product development at Correspondent: Michelle Nowe the birth of her first baby, Miles, on As the number of classmates having chil- Reunion.com. Everyone sign up! She Chris Downing Sept. 9. Those who want to stay up-to- dren increases, so dwindles the number has also been traveling a lot. A e-mail: date on the news of the crazy Nowe of eligible bachelors and bachelorettes recent highlight for her was a heli- christopher.downing.2004@ander- family (their words), can visit their web from ’04. First off, (nee copter lesson! … son.ucla.edu Suzy Tweten site at http://www.marlonandmichelle.com Fine) married Brian, who works in the (what, no RSS feed?). … And, show- finance department of Wellpoint (flash- 2004 ing that Oliveiras learn to party young, backs of 2002 orientation. I think I still Luciano Oliveira writes in with a have that PowerPoint somewhere) this Full-Time MBA Class Correspondent: Ari Blank e-mail: [email protected] New Dean of UCLA Extension Since the last round of updates, the Class of ’04 has been incredibly busy, globetrotting, wedding, procreating and Cathy A. Sandeen (EMBA ’05) has been appointed Heather Gilmour taking a helicopter lesson. climbing the corporate ladder. Let’s get right to it! We open this round of birth dean of UCLA Extension, which pre-dates UCLA itself. Dave Duben was one of several announcements with the news that two Celebrating its 90th anniversary, Extension offers thou- ’04-ers have been blessed with twins! EMBAs at Tony Clark’s annual boat sands of courses each year across a wide spectrum parade party. Dave also reports that The Weiss family is two larger now, as he received a recent promotion to Jonathan and his wife, Andrea, cele- of subjects and serves a broad range of students, the senior vice president of business brate the arrival of daughter Tali and largest segment of which is made up of degreed, development. And on the family side, son Amiel. … working professionals. Dave’s son was one of the riders on the Optimist International float in the “In today’s fast-paced, knowledge-based economy, everyone needs continuing edu- Rose Parade this last Monday. … cation to ensure their skills remain relevant,” Sandeen says. “Extension is tapped into Jean Rheaune reports that his daughter, Krystel, is graduating from business with access to a vast pool of expert instructors and has the flexibility to gear college and will join Fox Sports Radio up new programs quickly.” for her first “account manager” mar- keter job. He and his wife, Jasmine, Sandeen has several initiatives already underway, in addition to continuing to are celebrating their 25th anniversary Andrea and Jonathan Weiss, holding Amiel (left) and Tali (right). expand the downtown facility. She is building relationships with key campus faculty, in July and are planning a special including UCLA Anderson’s, giving them the chance to pursue interests not within their trip for the occasion. … Chris Steege and his wife, Brandi, also report the birth of twins, two daugh- core mission. They can collaborate with Extension to produce symposiums or more ters, Jade Mayreau and Allegro Rhodes. As Chris explains it, the experience is practical courses. She also is targeting top executives in the community in an effort to amazing – the equivalent of the most pro- ensure that the programs being developed meet local needs. found experience of your life, times two, subtracted from your sleep. Good luck, While serving as vice provost and dean for UC Santa Cruz Extension, what mate! … No less remarkable, of course, amounts to running a self-supporting business, Sandeen decided to get an MBA. She are those alums who have multiplied only chose UCLA Anderson, in part, for the diversity of its students, which enriched her learn- one-at-a-time. Sean De La Torre and his wife, Dena, welcome their new baby ing experience and gave her a new appreciation for the value of working on teams. Jean Rheaume with his wife and daughter. girl, Eva Ashley, who arrived via c-section, Speaking of trips, Michael Mazour 18-inches tall and weighing in at 6-

68 Spring 2007 1510 assets spring CN 5/3/07 6:49 AM Page 69

past July on the gorgeous island of Kauai. Brian Bohr wed Jennifer Hyer last make it to the Dam Wedding, R update from Mexico City where he, The couple lives in Westlake Village, and May in Philadelphia. After an envy- Blank and David Burns hosted Brian Wynne and Nishen Suzy continues her work in the business inducing honeymoon in Fiji and New a pre-wedding barbeque at R’s ware- Radia, Hugh Jackson, Duane development division of Amgen. … Zealand, they settled into their lives house in Venice, with ’04-ers in Stullick and Jamie Corrado in Jupiter, Fla., where Brian is a vice attendance including, Michael went to visit Juan Gonzalez. president at Transpac Media, and Smith, Joshua Roseman, Michael also includes a second pic- Jennifer is a physician at Palm Beach Marc Olshan, Stephanie ture of himself, Nishen, Hugh and Gardens Hospital.… Kermer, Florian, Patrice, Juan from time in Las Vegas. Neal and Sandra. …

Suzy Tweten and husband Brian.

Jennifer Zola ceased her days as a Borenstein when she married Brian Michael Terry, Brian Wynne and Nishen Radia in The pre-wedding barbeque hosted by R Blank and Zola (’03) at Casa del Mar in Los Mexico City. Angeles on Sept. 16, before returning David Burns. to their home in New York City, where Though he has no photographic evi- Brian Bohr and Jennifer Hyer. Shockingly, we have some updates Jennifer was recently promoted to dence to support this, Michael also director of analytics for Mediaedge:cia. not involving marriage or children. … Last spring, recently took a trip to Salt Lake City … Last February, Penny Muir (nee Kien Tong Chua, along with his Canyon Ceman returned from a six-month, 22- with Hugh and Juan to visit Matt Naud) moved to Tuscon, Ariz., to work wife, Kim, celebrates the birth of their Campbell. Whew. With all that on a condo conversion project. As the second son, Nicholas, who joins older country road-trip and set up home in Marina del Rey. For the summer, time on the road, I hope Morgan project tanked, Penny was happy to brother Marcus. … Stanley’s getting its money’s worth salvage something from her experi- Canyon returned to sports to com- out of you, Michael. … ence, in the form of a husband, Wes, pete in his 13th Pro Beach who had moved from San Francisco to Volleyball tour. Before the year was work on the same project. They are out, Canyon married Kimberly just now completing a huge (and, I Johnson in Santa Barbara (with should note, successful) remodeling many Andersonians in attendance) project of their beautiful home, though and joined consulting firm Kershaw, Penny notes that starting with an Mackie and Co. as a turnaround aqua-blue stove, it would have been specialist. Whew, sounds like 2007 hard not to improve the space. is time to retire. … Jeff Snow from Section E writes in from his new job in business development Michael Terry, Nishen Radia, Hugh Jackson and Juan Gonzalez in Las Vegas. Kien Tong Chua with wife Kim and sons Nicholas and and sales at Gifts.com, an Marcus. InterActiveCorp-owned company. And, to conclude this round of The most significant moment of updates, writes in with Rounding out this set of wedding 2006 came for Jeff when he real- Erik Haus the most interesting and unique notices, Laura Vowell has mar- ized that fellow ’04-er Andrew ried funny-man Sean Blythe at a Fischer works on the same floor, update of the season. Last summer, beautiful ceremony in Tennessee’s though for another IAC business. Erik worked in New York City and met Norris Dam State Park (forever to be … Jarom Matsuda sends in up with Marc Kolin. Marc, who Jennifer and Brian Zola. known as the Dam Wedding – Sean’s his annual update from Toyota, works for the NBA, got himself and joke, not mine). ’04 Andersonians where he was promoted last Erik into a WNBA all-star reception. … is prema- Joshua Roseman present for the ceremony included September to the position of And, it turns out that Jim Baudino turely shuttering his professional mod- Emmy Huang, Sandra Chang, strategic planning manager of (who works for WNBA-sponsor Toyota) eling career, opting instead to marry Neal Hansch, Florian Eitner, Toyota logistics services. … Zach was also there. So, to close out this to Allison Roseman (nee Miller) on Patrice Greenwood and JJ Edmonds will complete his resi- July 2 at the Greystone Mansion in round of updates, here is a sweet pic Lewis. … dency at Stanford this June and Beverly Hills. … of Erik, Marc and Jim. plans to remain for another year to pursue a fellowship in medical device development (http://innovation.stanford.edu). Zach reports that he enjoys hanging out with all the Bay Area alums. … Michael Terry is clearly keeping in touch with his Anderson classmates. Michael, still living in New York with Ray Yip, was recently promot- Erik Haus, Marc Kolin and Jim Baudino along with WNBA Andersonians at Laura Vowell’s wedding ceremony. ed to vice president at Morgan all-stars (left-to-right) Margo Dydek (all 7’2” of her), Joshua and Allison Roseman. For those Andersonians too cheap to Stanley. He writes in with an Lauren Jackson and Jennifer Azzi.

www.anderson.ucla.edu 69 1510 assets spring CN 5/3/07 6:49 AM Page 70

CLASSNotes

EMBA ters in the United States.” Congrats Next time, we will select a location in the quite an adjustment to the new 2005 Q! … Tony Ramos and Magda Los Angeles area so that participation environment for him and his family. EMBA Class did their fair share of traveling this numbers increase. We began our event at But with all things considered, he Correspondents: year in the United States, Europe, a swanky little lounge called The Mix says his family has transitioned Antonio Ramos Japan and Brazil. We are now (located in The Hotel at Mandalay Bay). well, and his wife is enjoying being e-mail: Antonio.ramos.2005@ander- “chocolate” after spending 12 days a stay-at-home mom to their three son.ucla.edu on an island off the coast of Brazil children. He is hoping to start Farideh Mehrdad on the equator. … investing in the real estate market e-mail: and knows his Anderson background [email protected] will definitely help out. Do we have a.edu the next Donald Trump? Jennifer Vescio e-mail: jennifer.vescio.2005@ander- At The Mix. son.ucla.edu 2005 EMBA Class Notes by The following evening, we had a Antonio Ramos great dinner at the Fleur de Lys Tony Ramos in Brazil. Restaurant in Mandalay. The manager took care of us and even gave us has officially joined Ted Casey who is currently still in Cathy Sandeen a tour of the wine cellar and kitchen the UCLA senior leadership team as dean New York City is now running his own area! Afterwards, the group elected A small congratulations lunch for Carole Heinz who was mar- of UCLA Extension. Considered one of the Digital Media consulting business. … to try their hand at blackjack and ried in August. top five programs of its type in the coun- poker. For details about late night activ- Congratulations to Sonya try, UCLA Extension has 100,000 class ities please contact at Summerour Clemmons who enrollments per year, serving close to David DeWolf … Michelle Havens has recently just received the13th Annual “Women 60,000 individuals with a wide range of [email protected] moved to Seattle, with her husband, Who Mean Business” Award from the professional development, continuing edu- u. … We are also pleased to Schuyler, to accept her new promotion San Diego Business Journal in cation, personal enrichment and degree announce that Tony Ramos has to senior investment officer of October. Only 25 recipients were cho- credit programs, both on-line and class- been nominated and elected to be Northern Trust’s Seattle office. She sen from a field of 115 nominees. For room-based. Leading a team of 325 staff our class chief correspondent officer. has lots of exciting news to report, so more information, here is the link: and over 2,000 part-time instructors, Cathy Tony will be responsible for making expect some great news in the next http://sdbj.com/PDF/WWMB2006.pdf. is responsible for the academic, financial sure we are including your informa- issue! … Savita Iyer has been ... Wayne and Darbin Chan and operational functions of the organization in the Anderson Assets magazine enjoying her new lifestyle in Sweden. just had their second child. Nathan tion. Cathy says, “Check out our web site and various other publications (with She recently accepted a position as a Chan was born on Dec. 20, 2006, at www.uclaextension.edu. Our classmates your permission). Las Vegas reunion atten- consultant with Xcellent Consulting and joins his brother, Sean (born probably need a refresher in accounting by dees are featured in the attached photos: and is now fluent in Swedish…. during school year 2004). Wayne is now! Seriously, given you are all commit- http://homepage.mac.com/tony.ramos Alice Huang has been promoted to still very happy with his job at ted life-long learners, I’m certain you will /EMBA2005Vegas2006/. If you would executive director of recruiting at Hult Yahoo. … Congratulations are also find something of interest for career devel- like to publish your news and photos in International Business School, a one- opment or just plain fun.” The official in order for Nate Dallin who tied the Anderson Assets magazine, please year MBA program in Cambridge, the knot in September to Lisa announcement can be found at http://news- send your information and permission to Mass. In her new role, she oversees room.ucla.edu/page.aspRelNum=7556. Anderson. Lisa is the vice president [email protected]. student recruitment and marketing in Please welcome Cathy to the Los Angeles of sales for Gardner Village, Europe, North America, Latin America area. … , who appar- Mauricio Tort and Africa. www.gardnervillage.com, and is an ently is the only remaining EMBA 2005 avid skier, runner, skater and shop- in the Bay Area, is now juggling two FEMBA 2005 per. … Todd Keener is now jobs, one with WaveZero and another FEMBA Class working for Scholars Resource, a with Proxim. If there are any other Correspondents: digital imaging technology firm in EMBA 2005s in the area give Mauricio a Alice Huang Denver, Colo. He is still aggressively shout! … Finally about Vegas, Vegas, e-mail: pursuing his passion in the real Vegas! Thanks to everyone who ven- [email protected] estate industry. … Wilson Lin, tured out to Las Vegas for our first Marjorie Daleo after successfully starting up a annual class reunion. We had amazing Informal FEMBA June reunion at Bucca di Beppo. wireless division at Newegg, has attendance by the Board and Team e-mail: marjorie.daleo.2005@ander- now joined the Newport Corporation Equipo members and others, including a son.ucla.edu as director of global strategic contingent all the way from Chicago! 2005 FEMBA Class Notes by sourcing. … Quaeed Motiwala Marjorie Daleo 2005 is starting a new job as vice presi- Full-Time MBA Class dent of Marketing for Azteq Mobile, Three months after graduation, Correspondent: a startup in the mobile gaming Charles Murphy accepted a space. He says, “Engineering is promotional transfer within Amgen Tina Castro based in Japan while our CEO is in at its Colorado site. He is now e-mail: Denver so extensive travel to both responsible for product quality for [email protected] these places until we grow and Most of the group striking a pose after dinner at the Fleur an osteoporosis drug candidate. As a 2005 Full-Time MBA Class decide where to put the headquar- de Lys. California native, he says it’s been Notes by Tina CastroAmy Liu

70 Spring 2007 1510 assets spring CN 5/3/07 6:49 AM Page 71

and Minh Trinh celebrated their wedding mony on Dec. 26, 2006. Lisa now works at the Wayfarer’s Chapel in Palos Verdes, for Revolution Community Ventures in Calif., on July 1, 2006. Friends and family San Diego. … Nik Perencevic and Fore! Fashion from France, Taiwan, Spain and all over wife, Ivana, have a new son, Miha, born on Oct. 20, 2006. … the United States were in attendance. Cathy Le (’05) is CEO and founder of PinkCaddi The couple lives in Marina del Rey, Calif., for which she wrote the business plan while and plans to move to Paris in the future. attending UCLA Anderson. The firm offers fashions for female golfers that go beyond the standard plaid and argyle. Her target market is a niche she believes is ignored by most apparel makers, who

Nik Perencevic and son Miha. focus on the majority of current players, country club members over the age of 45. Hilda Chan married Sunny Wong Amy and Minh in Palos Verdes on their wedding day. on June 17, 2006, (the day after our “My designs are aimed at one of the fastest growing demographics in the sport: commencement) on the beaches of younger fashion-forward women,” Le says. “And I am placing a bet that, as one of Malibu. Hilda now works at Yahoo! in 2006 Sunnyvale, but her husband works for the first movers in this space, PinkCaddi will connect with this group.” Google. … Steven Kan and wife Le’s collections sport whimsical names that reflect a youthful style: the signature Full-Time MBA Class Meredith have a new son, Adam Correspondent: Hokupa’a, born on May 4, 2006. Prepped for Par line, Backswing Betty, Flirty Birdie and 19th Hole. Some feature soy Ruben Pranata Steven now works for Clearstone fabrics. Though marketing is limited to trade shows and meetings with buyers for e-mail: ruben.pranata.2006@ander- Venture Partners in Menlo Park. … son.ucla.edu clubs, the company is growing, with about a dozen stores carrying the lines. Product 2006 Full-Time MBA Class also is available at the web site, www.pinkcaddi.com. Le is deliberately avoiding a Notes by Ruben Pranata more aggressive approach until PinkCaddi is ready to handle high volume. She plans to build interest and awareness before investing more to move production abroad, Jon Delshad passed the California Bar Exam in December 2006. … avoiding the much higher costs in the United States. Pete Carmichael and wife PinkCaddi’s marketing is handled by Le’s other company, MC Squared, where she Simone have a new daughter, Kaitlyn Elaine, born in September 2006. … became primary principal after graduation. Other clients include Lennar, KB Homes Steven Kan and son Adam. Daniel Jacobsen and wife and Coldwell Banker Previews. Maryann have a new daughter, Anna, Yoko Senga attempted the New born on Oct. 10, 2006. … Leo York Marathon on Nov. 5, 2006, but Dencik and wife Stephanie have a ran too fast (at a 2:52 pace) and new daughter, Emilia Annika, born on ended up collapsing and being taken Nov. 26, 2006. … Scott Warner to a hospital in the Bronx (for married longtime girlfriend Gianna on hypothermia and severe muscle Aug. 12, 2006. Scott now works for cramping) at mile 20. She was PAAMCO in Irvine (where he actually released from the hospital in the mid- works in the same building as me). … dle of the ‘hood’ wearing short shorts, a tank top and a red thermal blanket in 40 degree weather with two dollars that the doctor gave her for the sub- way, because he felt sorry for her! Yoko now works for Jumpcut in San Does Your Class Francisco. … Do you have news or updates for Class Notes 2006? Send an Need a Correspondent? e-mail to Ruben Pranata at ruben.prana- [email protected]. Contact Class Notes Editor

Scott Warner and wife Gianna. Mary Ann Lowe at [email protected] to volunteer. Lynn Wang married Greg Wu on Dec. 9, 2006. Lynn now works for Morgan Stanley in Century City. … Lisa Castaneda married Mike Toleno and had a private backyard wedding cere-