Fall 2006 investor report 2005–2006

Seeding Growth Donations flowed into Thunderbird during the past year, more than $6 million in all. They arrived in dramatic $1million gifts, in donations of computers and hotel rooms, in pesos, euros, yen and dollars, and in a steady stream from alumni around the world. How did Thunderbird invest those gifts?

thunderbird : investor report : 2006

4 Agenda Homing Thunderbirds More than 360 alumni came out for Homecoming. Making history The School’s 60 years are captured in a newly released book. Soccer save Students raise funds to buy soccer equipment for Iraqi children. Faculty in Africa Thunderbird profs lead seminar for aid workers in South Africa. Alumni ambassadors Volunteers spread the word and bring in new students. Act local Students donate time and talents to metro Phoenix charities. 10 Seeding Growth During the past year, more than 4,000 alumni, along with many other friends of Thunderbird, gave the School more than $6 million, gifts that were invested in promising students, world-class faculty and innovative academic programs. Here’s a closer look at who gave what, and how Thunderbird has channeled those generous gifts.

On the Cover Growth for a non- 17 Roster of donors profit institution Planned and major gifts Donations flowed in from the Council of 100 and the Legacy Society, which have directed generous, long-term gifts to the School . like Thunderbird Thunderbird Annual Fund Annual donations of $500 to more than $100,000 can only happen allow the School to allocate funds to the areas of greatest need. when it has the Consistent annual donors Hundreds of alumni, models of stewardship, have given assistance and donations annually for at least 10 years and, in many cases, a lot longer. financial support of Corporate and foundation gifts The corporations that gave to Thunderbird during people who believe the year read like a Who’s Who of international business. in its mission to Alumni gifts by class year High percentages of participation per class year tell educate global corporations and other funders the value our graduates place on their experience. leaders who create Other contributors It is not only direct beneficiaries of a Thunderbird education who sustainable pros- give, but friends, faculty, staff and in-kind donors who support the School. perity worldwide. 25 Profiles of giving Living legacy For 28 years, Dick Snell has worked with remarkable dedication on Thunderbird’s Board of Trustees, and in leaving has been named Trustee Emeritus. Career found After years in banking and telecom marketing, Chrysanthe George Sawyer ’81 saw an opportunity when it came: culture-based marketing. Moving intelligence Alejandro Espinal ’95, president of Miami-based AF International Inc., wants to be the most well-known delivery man in the world. Peace dividend A stint with the Peace Corps usually comes before working on an advanced degree at Thunderbird, but not for Courtney Zukoski ’96. Grapes of wealth Reared in a trailer on an Oklahoma dirt farm, Jerry Nichols ’97 understands the value of a dollar. Just ask his clients if you have any doubt. Reaching out Ellen Chang ’00 found that her circle of friends greatly expanded after she started organizing dinners for the Detroit Chapter of the Alumni Association. Time of your life Nikola Boehm ’04 helped set up a scholarship so that others would have the same transformative experience she did at Thunderbird. 42 Volunteer leadership THUNDERBIRD GLGLOBOBALAL FFAMILAMILYY ENTERPRISEENTERPRISE PRPROGRAMOGRAM March 3-6, 2007 | Royal Palms Resort, Phoenix, Arizona Are you prepared to operate your family enterprise on a global scale?

Designed to prepare family enterprises to effectively manage growth, establish successful governance strategies, and ensure continuity across generations of family leaders, this innovative program will address vital leadership issues of family firms and is a timely and relevant forum of peers from around the world who have a global presence or are interested in developing one.

Family Enterprise participants an The teaching team includes an understanding of the challenges interdisciplinary faculty recognized facing family-owned businesses who worldwide for their innovative wish to operate on a global scale. teaching methods, global best business practices and close ties to With more than 60 years of GLOBAL FACULTY business and industry leaders. experience educating and training Leading the charge are Thunderbird globally-astute business leaders faculty — distinguished educators, The team also includes a group of and entrepreneurs, Thunderbird, world-recognized researchers, experts who are board members and The Garvin School of International entrepreneurs and award consultants to top family Management brings to Global winning authors. enterprises around the world.

www.thunderbird.edu/familybusiness

60 years of educating global leaders who create sustainable prosperity worldwide from the president

Donors vital to School’s success Beyond tuition, it’s donations that allow Thunderbird to focus on continuous innovation in global education.

ORRECTLY ANTICIPATING future trends in global business is difficult, but this much is certain: globalization will march forward, creating opportunity and hope for Chundreds of millions of people. Globalization will also create extraordinary challenges. To seize the opportunities and manage the challenges, global leaders will have to work across cultures, create value and have a posi- tive impact on the world around them. Because of continuous innovation, Thun- derbird is ideally positioned to be at the fore- front of this evolution. In particular, our new and revised programs allow us to educate a growing spectrum of global managers pre- pared to navigate this new world. The new Master of Science in Global Management and Master of Arts in Global Affairs and Manage- ment will serve those who seek to launch careers in international or non-profit organiza- REED BRAD tions. Our new Executive MBA, which begins Donations are vital, but they are not the on- President Ángel Cabrera next fall, will connect experienced managers ly way in which alumni can contribute. Think asks alumni and other across the world in a unique global program. Thunderbird when your corporation wants to friends of Thunderbird And our new Research and Knowledge educate its managers. Think Thunderbird to keep the School in mind when companies Network will guide corporate managers in an- when your company is looking for MBA tal- want to educate their ticipating and responding to emerging trends. ent. Think Thunderbird when your business executives, need MBA Thunderbird is the market leader because of needs fresh insight into an emerging market. talent, when they meet donations from our corporate partners, alumni And think Thunderbird when you come a young person with a and friends. Tuition allows Thunderbird to op- across those young professionals who would global mindset and, of course, when consider- erate and pay our expenses, but without the benefit from the same global business educa- ing where to steer largesse of our donors, we would be unable to tion that helped you advance in your career. their donations. capitalize on the evolving demands of the busi- With the continued support of more than ness world. Donations allow us to improve our 36,000 active alumni around the world acting programs, offer scholarships for bright as our ambassadors, I feel certain in making students, invest in technology, launch new one other prediction: Thunderbird will be the learning centers and attract world-class faculty. global leader for a long time to come. Were it not for donors, Thunderbird would find it hard to maintain its position as the world’s best school of global management.

investor report 3 age Alumni come home

S OFTEN HAPPENS when alumni return to campus, the Thunderbird Pub was a rallying point for Homecoming Weekend and the School’s 60th Anniver- Asary Celebration that started on Nov. 2. More than 360 alumni representing 17 countries flocked to the Glendale campus. The weekend began with a well-attended reception at the Pub and continued with presentations on globalization and the corpo- rate brain drain, the 10th Annual Thunderbird Invitational Rugby Tournament, a formal dinner and alumni awards banquet, and Global Sounds 10, the reprise of a popular alumni world music concert. “Thunderbird, Taking Flight in Global Leadership,” a hard-bound coffee table book that captures the School’s 60-year history, was unveiled during the weekend, and alumni received it with excitement. The campus was a beehive of activity with not only alumni but hundreds of current students and more than 90 prospective students on campus for Hospitality Weekend. In addition, 15 Afghan women were in Glen- dale for Project Artemis, along with more than 100 rugby players in for the tournament. Read more details and see more photographs More than 360 alumni returned to campus for Homecoming Weekend, including on the celebratory weekend in the spring issue Sean Daley ’04 (left), Erin Wilson ’06 and Virgina “Ginny” Stern ’04, who, on the of Thunderbird magazine. opening night reception, reminisced with Tim Propp, Thunderbird COO and CFO.

4 fall 2006 nda Calendar Thunderbird worldwide “Thunderbird’s hours recording the ■ On the Course of School’s Leadership; Feb Global Entrepreneur- 60 years of history stories of many in the 12-15, Mar. 19-22 ship will draw more story set would have gone un- Thunderbird commu- Managers hone their than 50 family-busi- documented were it nity, then writing and leadership skills in ness owners from down for the classroom and around the world. not for the hard work editing them. on the golf course in Discounted entry for posterity and dedication of the The book received this unique certifi- alumni. At the Royal volunteers and the fi- major financial sup- cate program, with a Palms Resort & Spa. in new nancial support of port from Trustee segment taught by School friends and Barbara Barrett and golf commentator ■ Thunderbird large for- Peter Kostis. Topics Sustainable generous alumni,” her husband, Intel include communica- Innovation Summit mat book says President Ángel Chairman Craig tions, decision mak- Mar. 21-24 Cabrera. “The book Barrett, the Americas ing and action plan- The final 10 teams HUNDER- is a wonderful suc- Division of the ning. At Westin Kier- of Masters candi- land Resort & Spa. dates from around bird’s rich and cess.” Compass Group, and the world compete Tcolorful histo- Starting in October as many as a dozen ■ Spring Career Fair to create the most ry has been captured 2005, two alumni, Abe other friends. All Feb. 21-23 innovative real-world in a hard-bound told, alumni Many companies solutions for the interview MBA can- event’s sponsors book, “Thunder- donated more didates at this bian- and to receive the bird, Taking than $11,000 nual event hosted by $20,000 top prize. Flight in Global toward the the Career Manage- Sponsors and alum- Leadership,” publishing costs. ment Center. Alumni ni judges needed. interested in recruit- Glendale campus. though the 250- Because of the ing are invited to page book almost donations, all reserve a space at ■ Global Private never came to be. the proceeds the event. Contact: Equity Conference Consumed from the sale of employer_rela- Mar. 29-30 the book will go [email protected]. One of the premier more with its Glendale campus. PE events, this 3rd present and fu- toward student annual conference ture, the School scholarships at ■ Global Family will provide regional had no plans to Thunderbird. Enterprise Event perspectives that produce a book To order Mar. 3-6 include China, India, Coming off the Brazil, and others. chronicling the “Thunderbird, success of the fall Discount for alumni. storied history, so Jacob ’03 and Kellie Taking Flight in event, the program Glendale campus. some alumni and Kreiser ’04, and staff Global Leadership,” hosted by Thunder- Contact: friends volunteered to member Chelsea go to: bird’s Center for [email protected] get it done. Oyen spent countless thundershop.com.

investor report 5 news & notes Five longterm trustees honored for their dedicated service to School

ORE THAN 125 members Mof the Thun- derbird community turned out on Oct. 5 to honor the contribu- tions of five trustees —John Berndt, Bar- John Berndt, former chairman of the Board of Trustees and a board member for 20 years, talks to a School bara Barrett, George gathering in front of the wing of the administration building now named for his wife, Jean, and himself. Fugelsang, William been on the board for wing of the adminis- be awarded an honor- Fugelsang, Turner Turner and Dick more than 20 years tration for him and ary degree at the and Snell. Snell and Snell—who were and served as chair- his wife, Jean. December com- Turner, who between recognized for their man twice, including Barrett, who has mencement. them served 60 years years of dedicated the past two years, been a decade-long The October board on the board, were service to the School. was honored by the board member and a meeting was the last honored with the Berndt, who has naming of the eastern former chairman, will for retiring trustees title, trustee emeritus.

lives. After seeing a which raised more Soccer news report about an than $200. A sale of Club aids under-14 team that t-shirts and other do- played on a dirt field, nated items brought Iraq kids without nets and just in another $100. team with a few well-worn balls, Wyer got Deutsche Walker Lutringer ’06, Post to match their new nets treasurer of the Thun- funds and to pay to and balls derbird Soccer Club, ship the nets and balls was moved to try to to Iraq. In September, SOCCER buy new equipment a contact in the U.S. team of Iraqi for the team. military helped get Achildren can Lutringer, aided by the four nets and 20 forget about all the other Soccer Club balls to the young chaos swirling around leaders Ajay Sasiku- soccer players. them and lose them- mar ’08, Ahil Mansoor “What makes selves in their favorite ’06, or Zach Wyer ’07, T-birds unique is that sport, at least for organized a fund- our passion knows no those moments they raising effort called borders,” Sasikumar are playing, thanks to Project Desert Goals. says. “Given the right the efforts of four On July 10, the group challenge, there is no An under-14 soccer team in Iraq will benefit from new Thunderbird students hosted a World Cup telling the difference nets and balls thanks to the fund-raising efforts of four T-birds: (l to r) Ajay Sasikumar, Ahil Mansoor, who have pitched in finals party at the we can make any- Zach Wyer and Walker Lutringer (in front). to help improve their Thunderbird Pub, where in the world.”

6 fall 2006 news & notes A journey of a day changes two profs forever Thunderbird for Good aids seminar in Africa that helps children N A HOT day in July, Oprofessors Bill Youngdahl and Robert Moran boarded an air- plane in Phoenix that flew them to Johan- nesburg. There, they conducted a four-day Professors Robert Moran (above) and Bill Youngdahl led a seminar in Johannesburg last summer that gave seminar for more than business and leadership training to an organization that supports children of HIV/AIDS, poverty and conflict. 30 staffers of a non- profit organization skills, with a focus on thought most of the says. “Most would why so many Thun- that helps bring psy- project management. children in the settle- be in jail or dead, she derbirds take the less- chosocial care and For Youngdahl, the ment would be in 10 said. The experience traveled path of help- support to children in most powerful mo- years,” Youngdahl helped me understand ing those in need.” 13 African countries ment was the visit to a affected by poverty, home of discarded Aids and conflict. wood and old street “The students were signs of an elderly hungry to learn any- woman caring for two thing,” says Moran, grandchildren, one an whose daughter flies HIV-positive toddler. medical supplies and “As we entered, five personnel into Tanza- children from the nia’s interior and street followed us in whose son has just and were holding my finished a tour with hands,” he says. “They the Peace Corps in weren’t begging. They Benin. “They received seemed to just want us enthusiastically the connection. I and wanted to learn wanted to hug them, whatever they could.” to help them in some Under the auspices way, and to give them of Thunderbird for some reason to hope.” Good and in partner- The woman said N THE EARLY MORNING hours of Nov. 3, seven members of the Thun- ship with The Novar- she knew that educa- derbird community took the first steps of a 60-mile journey in the tis Foundation, which tion was the only way ISusan G. Komen 3-Day Breast Cancer Walk. The T-birds logged 20 provided travel, food to ensure a better fu- miles a day through metro Phoenix, then camped overnight at each of and lodging for the ture for the children, the finish locations. In all, the team raised more than $15,000. “Being two professors and but that hunger often surrounded by so many like-minded people here at Thunderbird, I knew participants, the two pushed that goal aside. I could create an amazing team and share the incredible experience with Thunderbird profes- “We asked the others, all while raising awareness and money for a great cause,” says sors taught leadership woman where she team captain Suzanne Henricksen ’06. investor report 7 news & notes

ence and want to help Spreading the School grow and the word develop a strong stu- dent body.” around In some cases, the world alumni develop the recruits themselves Alumni but most of the time Ambassadors the School puts a fill important prospective student in role in aiding touch with an ambas- candidates to sador. Prospects like choose to speak with alumni Not only do the volunteer members of the Thunderbird Global Council provide Thunderbird who have a similar what President Ángel Cabrera calls “a reality check” for the School, they also offer cultural background, career insights for soon-to-graduate students at events like this breakfast in April. IKE A WAVE live in the same area of converts out or work in an indus- Global on everything we do design of the new Lspreading the try they’re interested and they often come Master degrees. word, the School has in breaking into, council up with new ideas or TGC members, a collection of alumni Brennan says. provides angles that shape our who cover all costs of in 44 countries who Ambassadors plans and programs.” traveling to Glendale write, call and meet donate at least 12 valuable The TGC was in- for the bi-annual with prospective hours of their time a advice volved with all the meetings, are asked to students to convince year, but most give major initiatives dur- keep Thunderbird them that Thunder- much more than that, ing the past year, “top of mind,” Cabr- URING THE bird is the place they he says. They often Cabrera says, includ- era says. TGC mem- past two years, should attend. host prospective stu- ing the creation of bers recruit new stu- Da group of vol- More than 160 dents at First Tues- Thunderbird 2010, the dents, arrange intern- unteers has emerged alumni are part of the days and other chap- School’s strategic ships, hire graduates, as an important source Alumni Ambassador ter events. In order to plan, redrafting of the sponsor events and of ideas and valuable program, which was speak authoritatively mission and vision make direct financial feedback to Thunder- initiated more than about Thunderbird, statements and the contributions. bird President Ángel five years ago. ambassadors are peri- Cabrera and the ad- “These alumni odically sent updated ministration. want to help bring School information The Thunderbird future global leaders and given instruction Global Council into Thunderbird,” on how best to (TGC), made up of says Tom Brennan, approach and guide more than 75 mem- associate director of prospective students bers from a wide vari- Global Recruitment. towards the School. ety of industries, skills “I think they get a People who are in- and geography, meets great deal of satisfac- terested in becoming twice a year to offer tion when they learn Alumni Ambassadors advice to the senior that someone they can get more infor- management of the spoke with eventually mation and an appli- School. applied to the School cation form on MTB. “The TGC was in- and became a Thun- Go to the alumni volved in the early On Nov. 9, more than 45 T-birds were on hand to derbird. The Alumni home page, click stages of all new ma- see the Phoenix Suns take on the Mavericks Dallas Ambassadors are very on the “Volunteer jor initiatives under- game, thanks to the Thunderbird Sports Business passionate about their Application” and fill taken in the last year,” Club. “Our events have helped us raise money for Thunderbird experi- it out online. Cabrera says. “They great causes and bring a lot of fun to T-birds,” says club president George Carlier ’06 (in Suns jersey). provide a reality check

8 fall 2006 news & notes

with an arts and crafts Thunder- project at the Desert bird Cares Botanical Garden; served dinner and Day offers cleaned at St. Vincent T-birds a de Paul’s Phoenix Central Kitchen; chance to picked fruit at work for Sahuaro Ranch Park that was then donated others to a local food bank; and counseled N A SUNNY African and Afghani Saturday in youths at the Arizona OSeptember, Refugee Community nearly 100 members of Center (ARCC). the Thunderbird com- The West Valley Thunderbird students volunteered for Thunderbird Cares Day, which had them munity—students, working for a number of non-profit organizations in September. Zach Wyer ’07, Child Crisis Center staff and faculty— gave a fresh coat of paint to a fence at the Elise McCarthy Sensory Garden. provides temporary picked fruit, counseled shelter and supervi- African and Afghani “Knowing all they Center. “It really re- just four hours can sion to children who refugees, and talked had gone through, it lit that spark inside of put everything in per- are victims, or at risk, and played with chil- was absolutely amaz- me for humanitarian- spective and make of abuse, neglect or dren who were the ing to see the kids’ ism. It is so easy to your life so much abandonment. Since victims of abuse. It smiles,” says Tanner get caught up in your more meaningful.” its founding in 1986, was another student- Puckett ’07, a partici- own daily life, think- T-bird volunteers the non-profit group led Thunderbird pant in the group that ing you have so much also built homes for has provided tempo- Cares Day, held every worked at the West to do or so many Habitat for Humani- rary shelter to more trimester since 2005. Valley Child Crisis problems, but to give ty; helped children than 2,500 children.

Global market features wise guys Peruvian artisans once made ceramics, like this nativity scene, in the highlands near Ayacucho, but the brutal policies of the Sendero Luminoso, active in the 1980s, drove them to escape to the cities, says Dean Warner ’57, curator of ThunderShop, where this item can be found. Most Peruvian ceramics are now made in Lima. The Andean influence is seen in the clothing and hats worn by the people in this nativity scene. All profits from the ThunderShop go to Thunderbird for Good. See this and other items at: thundershop.com. investor report 9

SEEDING GROWTH In the world of non-profit institutions like Thunderbird, donations equal excellence. In a word, they keep us ahead of the competition in global business education

By D.J. Burrough HEY ARRIVED IN JUST ABOUT EVERY imaginable way. Fifty dollars here, two hun- dred Euros there. Donations also came in dramatic dollops: $1 million each from Scott Walker ’81 and Francis Najafi ’77, for exam- ple, and hundreds of thousands more dollars from board Tmembers, corporate partners and government grants. They arrived in cash, in stock, in room nights at the Ari- zona Biltmore and Four Seasons Hotels, as Dell computers for the Artemis fellows, and in tickets to the Arizona Car- dinals. They came from alumni who graduated when Dwight Eisenhower was president, and from those still taking classes. They came in from first-time donors and from those who have been giving for decades, and some came from Thunderbirds who remembered the School in their wills. And, true to Thunderbird’s global mission, they came pouring in from about every corner of the world.

investor report 11 All told, more than $6 million was donated to Thunderbird during the past fiscal year, July 1, 2005 to June 30, 2006. Alumni contributed more It’s not just the total amount than any other group to the total, offering up Of vital importance in getting corporate funding $3.2 million, either personally or through the is the percentage of grads who have donated companies they own. “While tuition keeps the lights on, pays the T’S ALL ABOUT THE NUMBER, just not the number you think. faculty and staff and provides new books for the Nearly as important as the dollar amount donated by alumni is the IBIC, it’s the donations Thunderbird receives Ipercentage of graduates who give to the School, say those in the that fund our dreams,” says President Ángel field of planned giving and development. Cabrera. “Donations allow us to do things such “The seeds that alumni plant today with their donations produce as launch new programs, conduct cutting-edge tomorrow’s harvest of global business leaders,” says Joan Neice, a research and offer scholarships to the brightest Thunderbird vice president of institutional advancement and chief students. Donations are the ‘seeds’ that keep development officer. “All gifts, no matter the size, are critical to the Thunderbird at the pinnacle of global manage- Thunderbird ‘harvest.’ Contributions allow Thunderbird to continue ment education.” to flourish in its mission, which adds to the prestige of the Donors can designate that their gifts be for un- Thunderbird degree.” restricted use or earmarked for any of five areas: As the percentage of alumni participation increases, so too do faculty/research, curriculum development, the chances of getting donations from corporations and winning technology, scholarships, and alumni programs grants, Neice says. and services. During the past few years, signifi- During the past fiscal cant resources have gone into these areas, but % of Donating Alumni year, approximately 16 the two biggest “seeds” have been for: 1. the by Region percent of Thunderbird launch of two Master’s degrees and 2. the re- graduates donated funds cruitment of renowned professors to the School. to the School, a slight A close examination of the donations from improvement over the the past year reveals some interesting trends: prior year. The percent- Board members were particularly generous age of T-birds who with the School, the vast majority of alumni do- donate has held steady nations came from those living in North Amer- in the low- to mid-teens ica, the most generous class years are those with North America 18.68% for a number of years. alumni at the peak of their careers, and the top Europe/Middle East/Africa 10.75% One of the first ques- five class years with the greatest percentage of tions asked by corporate donors are all from the 1940s and 1950s. Asia 7.228% foundations is the per- “The hope of the harvest is in the ‘seeds’ of Latin America 5.69% centage of alumni who contributions to Thunderbird,” says Joan donate to the School, Neice, a Thunderbird vice president and chief Neice says.“They want development officer. “As contributions are to see that alumni made every year, Thunderbird’s 2010 vision believe in Thunderbird,” can be realized.” she says. “The higher the Excluding Walker and Najafi, board mem- participation rate the more likely foundations are to join the alumni bers contributed more than $700,000 to Thun- lead. Through their participation, alumni have a great influence on derbird during the past year. Long-time Trustee a foundation’s decision to contribute to Thunderbird.” David Lincoln gave more than $250,000, while The percentage of alumni who give to their graduate business Barbara Barrett and John Berndt, who stepped schools ranges widely, with an average falling somewhere in the mid down as Board of Trustees chairman in October 20s, says John McDonald-O’Lear, associate vice president of Planned after serving in that post during the past two Giving and Development. Some, such as Dartmouth’s Tuck School years, donated more than $100,000 each. of Business, claim participation as high 65 percent. At 16 percent The list of corporate donors to Thunderbird participation, Thunderbird falls on the low end of the continuum, reads like a Who’s Who of international busi- he says. ness: Hershey Food Corp., Johnson & Johnson, What hurts Thunderbird’s alumni participation is the same thing Pfizer, Ford Motor Co., Intel Corp., Tyco Inter- that impacts all graduate programs: alumni tend to have a greater national, Merck & Co., ExxonMobil Founda- connection to their undergraduate program and therefore donate tion, American Express, Caterpillar, Citigroup, there first, McDonald-O’Lear says. The percentage also is lower eBay, Gillette Co., Nike, IBM, Kimberly- than the industry average because so many of the School’s alumni Clark, Lockheed Martin and SC Johnson, just live outside the United States, which means they receive no tax to name a few. deduction for donating to a U.S.-based nonprofit organization While Thunderbird received some sizeable and often don’t have a culture of giving to nonprofit organizations. gifts from a few alumni during the past year,

12 fall 2006 thousands of other T-birds from around the New Master degrees world also donated to the School. In total, 4,080 N SEPTEMBER, Thunderbird officially alumni gave to Thunderbird during the past launched its two new Master’s degree year. Of those who gave, the average gift was programs: Master of Arts in Global Af- just less than $800. fairs and Management (MAG-AM) and In terms of the four global regions where Master of Science in Global Manage- most alumni live, the vast majority of dona- ment (MS-GM). But long before that day, the tions came from North America, totalling I School’s faculty and staff had invested count- more than $2.9 million. The average donation: less hours over two years in research on market $227. Alumni living in North America also demand for the MAG-AM degree. According were more likely to give than those from other to Dr. Glenn Fong, an associate professor of in- regions, with nearly 19 percent of all North ternational studies and academic director on American alumni making a donation com- both Master’s degree programs, this included pared to 16 percent worldwide. Approximately prospective employment information from three out of every four alumni live in the Unit- more than two dozen government and nonprof- ed States or Canada. it agencies and information on existing global Alumni donors living in Asia were more affairs degree programs. Development of the generous than those in any other region. The MS-GM degree began in earnest in late 2005. average donation for each alumnus who gave “We had literally scores of faculty meetings was more than $582. Just over seven percent of to develop the full business plan that went be- the 2,867 alumni living in the region gave to fore the Board of Trustees in June 2005,” Fong Thunderbird. The total donation from the re- says. gion was nearly $120,000. Among the 2,600 alumni who live in Europe and the Middle East, 11 percent gave an average of $269 for a total of more than $65,000. In Latin America, six percent of the alumni gave a total of just over $20,000, or an average of $212 per person. There are about 1,690 alumni living in Latin America. A single person in each of the classes of 1977 and 1981 pushed those years to the top among class donations. Helped by $1 million each from Francis Najafi ’77 and Scott Walker ’81, the graduating class of 1977 just edged out 1981 as the the most generous class, with a total amount of $1,086,000 compared to $1,052,000. Take away the million-dollar-donations, and the graduates from 1974 gave the most, totaling more than $90,000 at just over an average of $1,000 per do- nation. Next were the classes of 1982, which gave slightly more than $84,000, and 1950, which gave just over $59,000. The campaign to recruit students for the DR. GLENN FONG, Most interestingly, the class years with the Master’s program was launched in September associate professor of highest percentage of alumni donating all were when Thunderbird representatives began visit- international studies and on campus more than 50 years ago. A full third ing college campuses across the United States academic director for the two new Master’s degree of the class of 1956 donated to Thunderbird, and hosting events for potential students. programs, has been busy giving an average of $276 each. The class years Thunderbird representatives attended more establishing the program of 1948 and 1950 had 32 percent of their alumni than 115 events during fall recruiting for all pro- and talking to potential donating during the past year. Twenty-nine grams, says Jay Bryant ’04, senior director of candidates and recruits. percent from 1952 gave, while 26 percent from Global Recruitment. The events have included 1953 donated. Most recent graduates, still build- happy hours, alumni gatherings and Hospitali- ing speed in their careers and perhaps burdened ty Weekends on the Glendale campus. “We by student loans, had the lowest donating per- have attended graduate and MBA fairs on cam- centage among alumni, down in the single dig- puses as far away as Syracuse and as close as it range. One T-bird student, however, provid- Arizona State University,” he says. “We have ed a stark contrast to that trend, providing an also been going to the Idealist Fairs, which typ- anonymous gift of $50,000 even before she was ically attract students interested more in global awarded her MBA. affairs, non-profit organizations and govern- investor report 13 ment-oriented careers. We are seeing a lot of in- terest in our MA program among this group.” In October, the School launched an advertis- Dr. Mary Sully de Luque ing and marketing campaign with banner ads This professsor of management & organizational on more than a dozen undergraduate university behavior is part of a new breed of faculty talent Web sites, says Phil Schlesinger ’82, Thunder- bird director of marketing. It also placed ads for HE EXPANSION OF the School’s faculty during the past few the two degrees in a number of publications, in- years, made possible in part by donations from alumni and cluding the winter editions of Foreign Policy Tothers, has brought into the fold an up-and-coming professor Magazine, Foreign Affairs Magazine and World- who’s the co-author of a landmark book in understanding manage- view Magazine. ment leadership worldwide. Dr. Mary Sully de Luque is an assistant In the summer, the marketing department professor of management and organizational behavior, and a research published brochures detailing the program and fellow in the Garvin Center for Languages and Cultures of Internation- launched an email campaign for prospective al Management. students. In addition to focusing on Thunder- Prior to joining the School in 2003, Sully de Luque was a senior bird’s reputation for global instruction, the cam- fellow and research fellow at the Wharton School of the University paign touts the unique mix of disciplines on of Pennsylvania. In spite of having offers from three other business campus. programs, Sully de Luque chose Thunderbird. “Thunderbird was “The MAG-AM and MS-GM programs are the only university that could appreciate both the leadership and an opportunity for students in each program to international aspects of my research,” says Sully de Luque, who collaborate with people who are headed on a dif- received her Ph.D. from the University of Nebraska. “A lot of ferent path, one toward the corporate world and universities have interest in each but not in both. I had other the other to non-profits and governmental offers, but this was the best fit for me and for Thunderbird.” agencies,” Schlesinger says. “The proliferation Sully de Luque is one of the researchers on the GLOBE of public/private partnerships means that peo- Foundation—Global Leadership and Organizational Behavior ple on each path must have the capability to Effectiveness—a group of more than 160 researchers who, since work with one another.” 1993, have conducted extensive research with more than 17,000 managers in 62 societies to identify characteristics in leaders. In Adding to the faculty 2005, the book produced from the project won the M. Scott Myers ONATIONS HAVE always Award for Applied Research in the Workplace from the Society of helped Thunderbird to identify Industrial and Organization Psychology. and attract internationally In the latest phase of the project, Sully de Luque is interviewing renowned professors to the entrepreneurs and non-entrepreneur CEOs to identify their most School. Over the past three successful characteristics. In all, more than 800 CEOs and their top Dyears, they have brought in a number of well- management teams in 20 countries will be interviewed in this phase. known PhDs. Some of the new academic talent held either tenured or endowed chairs at other institutions, positions that are the goal of every professor, thus making it difficult to lure them away from established positions. “Donations allowed us to attract some of the best professors in the world,” says Tim Propp, Thunderbird’s chief operating officer and chief financial of- ficer. Professors who have come to Thunderbird in the past few years include: • Dr. Greg Unruh, director of the Lincoln Center for Ethics in Global Management, is a well-known expert on the role of technological innovation in addressing global sustainability. Unruh co-founded the Center for Eco-Intelli- gent Management with architect William Mc- Donough, which explores the business case for implementing cradle-to-cradle product and process innovations. • Dr. Mansour Javidan, professor of Global Business and director of The Garvin Center for Dr. Mary Sully de Luque volunteered her time and talent to teach the 15 Languages and Cultures of International Man- Afghan women who took part in Project Artemis in November. agement, is a member of the board of trustees

14 fall 2006 and a co-principal investigator of the GLOBE “If we don’t provide the same level of scholar- Foundation, a large-scale research project that ships as other institutions, then we have put studies management practices in 62 countries. It ourselves at a huge disadvantage,” he says. has been called the “Manhattan Project of cross- For example, Thunderbird offers scholar- cultural research.” ships of one or two trimesters of tuition for stu- • Dr. Robert Hisrich, the Garvin Professor of dents who served a complete term of enlist- Global Entrepreneurship and Director of the ment with the Peace Corps, for graduates of an Center for Global Entrepreneurship, is one of Arizona university (Arizona State University, the foremost experts on entrepreneurship and the University of Arizona and Northern Ari- the co-author of the best selling textbook on the zona University) or veterans of the U.S. armed subject, “Entrepreneurship,” which is in its 7th forces. edition and has sold more than 1 million copies The School also offers a Domestic Diversity worldwide. Grant that covers half the tuition for students • Dr. Mary Sully de Luque, assistant profes- who are U.S. citizens or permanent residents sor of Management and research fellow in the who belong to an ethnic group that is under- Garvin Center for Languages and Cultures of represented among the student body. Another International Management, is one of the re- grant, which ranges from $1,000 to $3,000, is giv- searchers on the GLOBE Foundation. In 2005, en to students who are campus leaders, improve she won the M. Scott Myers Award for Applied the experience for all students and have a cumu- Research in the Workplace from the Society of lative grade point average of 3.6 or more. Industrial and Organization Psychology. Scholarships, ranging from $1,000 to $6,000 “I have taught in other business schools and I per trimester, are made possible from alumni, often felt like I was swimming upstream,” says regional alumni chapters, corporate friends and “Donations Unruh of his decision to come to Thunderbird. other School supporters. Some of the donors in- “I usually had to justify my presence by teach- clude: The Coca-Cola Foundation, Consular are the ing the ‘hard’ subjects and then was allowed to Corps of Arizona, Continental Promotion seeds that teach ‘soft’ global citizenship issues in some Group, Inc., Ena Craig de Luksic Foundation elective course. Here, I more often feel that I am Endowment, ExxonMobil, Ford Motor Com- keep Thun- being caught up in the rushing global citizen- pany, Friends of Thunderbird — Mavis Voris derbird ship current and swimming furiously to keep Endowment, General Motors, Hong Kong up. The students are way out ahead on this, so it Chapter Thunderbird Assistance for Asian at the is a great environment for me.” Students (TAFAS) Award, Johnson & John- More than $100,000 in donations was set son, Nordson Corporation Foundation, Prima- pinnacle aside for faculty research during the past year. cy Relocation, The Erickson Endowment, of global It funded five summer research projects, says Thunderbird Korea Endowment and Wells Dr. John Mathis, a professor of international fi- Fargo. To be awarded a scholarship, students manage- nance and dean of the faculty. have to submit an essay to prove their merit. ment... “Research produces articles for top-tier jour- For more than a handful of Thunderbird stu- nals, which in turn helps Thunderbird in its dents, scholarships were decisive factors in se- It’s the rankings and establishes the reputation of the lecting the School. Elena Imaretska ’07, who School in the area of international manage- scored a 700 on her GMAT and had a 3.9 GMA donations ment,” he says. at her undergraduate program, was accepted to Thunder- three other graduate schools but ultimately Attracting best & brightest picked Thunderbird after she received a schol- bird URING THE PAST year, arship that paid more than half her tuition. receives Thunderbird has invested tens “I wouldn’t have come to Thunderbird if I of thousands of dollars from hadn’t had these scholarships,” the 24-year-old that gifts and from the general budg- Bulgarian says. “I simply could not have afford- fund our et in new technology, scholar- ed it. I am not a U.S. citizen and it is very diffi- Dships for the most promising students, and cult to get a loan from a U.S. bank.” dreams.” alumni programs and services. Thunderbird is well on its way toward im- “Approximately a third of the student schol- plementing a number of the initiatives set forth arships are funded by donations,” Tim Propp in the recently approved strategic plan, Thun- says, “with the rest coming out of Thunder- derbird 2010, Cabrera says. The new degree pro- bird’s general budget.” The School funds as grams, the new curriculum which requires all much as it can in scholarships—nearly $3 mil- full-time MBA graduates to demonstrate a sec- lion annually—so that the students with the ond language proficiency and the addition of most potential and the best CVs, GMAT scores highly valued faculty members have all been and grade point averages will attend, he says. supported by donations, he says. investor report 15 Donations are also funding the School’s next steps in the Thunderbird 2010 plan. “We are evaluating ways to expand our global presence From Bulgaria, with love by looking for opportunities in emerging mar- The dream of an American education ultimately kets,” he says. propelled Elena Imaretska to excel as a T-bird In October, Cabrera and one of the School’s most distinguished faculty members, Dr. Kan- HE OPPORTUNITIES SHE NOW FACES stand in stark contrast to nan Ramaswamy, met with business leaders the prospects Elena Imaretska ’07 faced in 1999 as a teenager and Thunderbird alumni in India to gauge the Tliving in Bulgaria. The country’s hyperinflation, lack of jobs and market demand. And, with the help of a size- political instability that followed the collapse of Communism in able donation from Chris Fussner ’82, Thun- 1989 demoralized the nation. More than 600,000 people, mostly derbird recently opened a regional representa- professionals, emigrated elsewhere. Her parents, both civil engineers, tive office in Singapore that will explore ways could find no construction work. to recruit more Southeast Asia students for all Beyond menial jobs, Imaretska’s future looked bleak. She dreamed the degree programs, and land new corporate of studying at an elite college in the United States, but it seemed clients. impossible. Nevertheless, her parents found enough money to pay The School is also reshaping the architecture for application fees. In 2000, she was admitted to Colorado College. of its executive MBA programs. Imaretska graduated four years later. With a commendable 3.9 “We’re hoping to connect our current pro- GPA and 700 GMAT, she had her pick of graduate programs. In fact, grams in Glendale and Europe into one seam- she had already been accepted into three schools: Georgetown, less global offering that will give executives the London School of Economics and the University of Denver. But when opportunity to gain global perspective and de- the answer arrived from Thunderbird, the choice for her was clear. velop a unique global network,” Cabrera says. “I could not say ‘no,’” Imaretska says. “Thunderbird was an That Thunderbird is an independent, non- obvious choice as I knew it wasn’t an overly competitive, cut-throat profit institution makes it that much more dif- environment and instead had students who truly care about the ficult to compete against other MBA programs world and want to create global prosperity.” that are state-supported or attached to under- The decision to attend Thunderbird was aided by the offer of graduate colleges, he says. scholarships, she says: an Entering Student Scholarship, which “Donations are incredibly important to covered more than half her tuition, and a Continental Promotions Thunderbird,” he says. “The only way the European Fellows Scholarship, which provided another $4,000. She School can continue to stay current with the hopes to get another scholarship for the spring 2007 trimester. market and continue to be the top interna- “I wouldn’t have come to Thunderbird if I hadn’t had these tional business school is by evolving. And scholarships,” she says. “I simply could not have afforded it. that just can’t happen in a meaningful way They had an enormous significance on my decision.” without donations. Donations give us the Since her arrival, Imaretska has become one of the most active freedom to grow.” students on campus. Her involvement includes the editing of Das Tor, the student newspaper; co-founding and directing ThunderDance, a student dance troupe; volunteer- ing for the Sustainable Innovation Summit; and acting as a Campus Ambassador. “I have met amazing and inspiring people here and have learned a lot about business, the world and myself,” she says. “Thunderbird is a phe- nomenal match with my values, goals and aspira- tions. So it is natural that I would try to take advan- tage of—and enjoy—every single moment I have here.” Elena Imaretska ’07 is thankful for the scholarships that allowed her to be a Thunderbird student.

16 fall 2006 planned & major gifts

Frederick C. ’56 & Mary Charles H. Mannel Sr. * Council Major Legacy E. Brenner Laura K. Mannel- John F. Burlingame * Harsh ’83 Jean Fortriede ’53 & Raul Pablo Masvidal ’66 of 100 Gifts Society Thomas Burns Jerry L. ’97 and Rachele Nancy Rose Bushnell ’76 Nichols $50,000 John L. Campbell ’67 John F. Nielsen ’47 HE AMAZING HE THUN- Rosa J. Castiel ’89 Nona P. Niner ’81 generosity of to derbird Legacy Neil M. Clark ’49 * Cynthia Kay Ogburn ’73 our Council of Society secures Ward H. Clarke Jr. ’66 Sherman J. ’50* & Edith T $99,000 T Bruce L. Crumley ’76 Olson 100 donors is integral Thunderbird’s future, John S. Cullison ’72 & William H. ’65 & Mary to Thunderbird’s providing a steady Diana Kissil Barmore Parker AJOR GIFTS Ellen M. Dieringer ’81 & Jackie Potdevin & Roger future. With their stream of income as Bruce D. Heilbrun D. Potdevin ’87 * represent the support, the School the School realizes Jack ’60 & Renee Maribeth ’74 & Martin ’74 significant Donnelly Rahe M William C. III ’67 & Leonard M. * & Pauline will continue to the generosity of belief of corporations, develop the values benefactors who have Betty Jo Dyer Rickards individuals and foun- Robert S Eichfeld ’67 Sheridan L. Risley ’50 and beliefs that define designated long-term David H. Fichter ’67 David H. ’73 & Sarah H. dations in Thunder- the Thunderbird gifts to Thunderbird. David G. Fisher ’67 Roberts bird’s future. They Victor C. Fontaine ’67 J. Kenneth ’57 & experience. We Their foresight helps Richard and Char Gallio Jeannette Seward have made cash extend our thanks to Thunderbird plan Julie Houk Goodrich ’74 William l. ’55 & Mary Ann contributions to James T. Grossmann ’67 H. Shallberg those who are helping for a solid financial Eleanor Sheedy Lloyd A ’66 & Ruth ensure Thunderbird’s make it real. future, and we grate- Hamric ’76 Straits financial health. Thomas O. Harbison John E. ’69 & Susan fully acknowledge Janet E Haskell ’78 Sullivan DIPLOMAT Belmont Haydel Jr. ’57 Rodney A. Taylor ’75 Commitments of Christopher John Fussner commitments, made ’82 Michael R. & Sandra L. Phillip S. Tedesco ’54 $1,000,000 and above by the following Hecomovich Constance L. F. Francis Najafi ’77 Ronald & Sheila Goode F. Richard Hsu Roy A. Jr. & Pam Thatcher ’76 Scott Barr Walker ’81 individuals. Herberger Newell W. Jr. ’56 & Thomas B. ’53 * & Mary Barbara Todd ATTACHE John ’86 & Lori Andrews Hitchcock ’53 Richard Lee Commitments of Carl L. Jr. ’74 and Patricia John M. Holliman III ’77 Tollefson Jr. ’83 $500,000 to $999,999 Bach Frank L. Hubbard Jr. ’53 William C. Turner Institute for Supply Craig & Barbara Barrett Farnham J. Johnson ’50, William * & Mavis Voris * Management John R. ’59 & Joan Estate of * Frank L. Wadleigh ’49 * Guillermo Luksic Craig & Bogert ’59 Harold ’47 & Wilma John A Warner Sr. ’48 Virginia Prieto de Laurie Staebler Kalmans Grace M. Warnock, Luksic Brashier ’88 Allyn Wayne ’73 & Estate of * U.S. Agency for Inter- William Allan Braun ’82 Anntoinette Lucia Lynda C. Webster ’80 national Development & Leigh Anne Keiser Robert E. Withers III ’68 Parker ’82 Joseph Mark Klein ‘47 Walter Randolph STATESMAN Richard J. ’73 & Daniel J. ’80 & June Wright ’67 Commitments of Toby Breit Laraway $250,000 to $499,999 John H. Latham ’71 John F. Burlingame * Toby R. Madison ’52 Joan & David Lincoln U.S. Department of Education Boldface: Indicates a donor DIRECTOR who has made consecutive Commitments of contributions in 2004-2005 $100,000 to $249,999 and 2005-2006 Barbara M. & Craig R. M: Provides corporate Barrett matching gifts John & Jean Berndt * Indicates donor is deceased

investor report 17 annual fund

Robert A. Dilworth ’60 Carl Lee Jr. ’74 & Leadership Annual Giving and the Robert A. Patricia Bach Dilworth Fund Marian L. Banning Jack E. ’60 & Renee Ben Samuel HANK YOU TO THOSE donors who have Donnelly Barnes ’78 M Mark A. Emkes ’76 Erik Beaumont ’93 taken a leadership role in their philanthropic Knut Eriksen ’81 John C. Beck contributions to Thunderbird. Their generous David G. Fisher ’67 Michele A. Betette ’69 T M Colleen M. Foster ’84 & John C. Gillett ’69 gifts allow the School to allocate funds to the areas of M Scott A. Gaynor ’86 Richard R. M Andrea L. Gregory Bilbrough ’66 greatest need, building excellence, brand awareness Schoen ’74 Meaghan Lynly Black Thomas F. Greer Jr. ’73 ’95 & Eric William and recognition for Thunderbird’s unique programs M Geraldine Gurley Jillard ’96 and outstanding students and faculty. Lamonica ’70 & Norman H. Jr. ’59 & Daniel D. Melott ’70 Margaret Blanchard Patricia Hambrick ’81 and the Norman H. PRESIDENT’S CIRCLE BENEFACTOR LEVEL Robert D. Michael R. ’97 & and Margaret E. (Gifts from $10,000 to $24,999) Farquharson ’81 Sandra L. Blanchard Gift Fund FOUNDER LEVEL David ’79 & Ann Feld Hecomovich Michael Bleyzer (Gifts $100,000 & above) Mary P. Besser ’75 & Paul S. Hamlin ’92 & M John A. Henrickson M Peter L. Boardman ’84 Barbara M. & Craig R. Kenneth May ’75 Julie M. Hocevar Roy A. Jr. & Pam James Matthew Barrett and the Craig Gary A. Brukardt ’72 Hamlin ’93 Herberger Bogin ’85 & Barbara Neil M. Clark ’49 * Gary K. & Jeanne L. M Thomas D. Hobson III Pierre T. Boldt ’99 Barrett Foundation James G. Coatsworth Herberger & The ’79 M Randall L. Bollig ’91 John & Jean Berndt II ’47 Gary K. Herberger Michael C. Kwee ’70 William Steven John F. Burlingame * Douglas & Delphine Trust David R. ’68 & Rosalie Bossany ’87 Joan & David Lincoln Daft & the Daft Family Ann Iverson Lawrence & The Edward C. Boyle ’49 Guillermo Luksic Craig Foundation John H. Latham ’71 David and Rosalie Paul W. Bradley ’87 & Virginia Prieto de John S. ’70 & Michelle Y. Lawrence Charitable Paul LaVern Luksic Margarita Donnelly Levesque ’92 Fund Brassard ’85 F. Francis Najafi ’77 Cyrus F. & Mitzi Eunkyung Na-Voris Gary J. Matus ’72 Richard J. Breit ’73 Scott Barr Walker ’81 Freidheim Jr. & G. Kelly ’72 & Karen James M. ’77 & Lana James K. The Freidheim Family O’Dea ’77 McNamara & The Bruton Jr. ’76 CHAIRMAN LEVEL Fund of Ayco Bredo ’74 & Rondi ’73 McNamara Family M Phillip R. ’78 & (Gifts from $50,000 to $99,999) Charitable Foundation Schaefer Oestlien Foundation Zeila Cabrera Christopher John George N. & Susan E. M Sherry Schmulling Lisa Moore Brayer ’83 M Jessica Valle Caldwell Fussner ’82 Fugelsang ’63 Bowden ’85 & James Joan M. Neice ’95 & Vean Joseph M Ronald L. & Sheila Samuel S. ’88 & D. Bowden Timothy & Kathie Gregg ’95 Goode Rita Garvin James C. Schwartz ’70 Propp Daniel J. ’94 & F. Richard Hsu & J. T. Michael J. & Wendy K. Michael W. Short ’76 M Mark P. Ramondt ’93 Andreina M. Jimenez Tai & Co. Foundation, Graham ’78 Samir Issa Toubassy Gary E. Robinette de Casey ’95 Inc. H. Mikel ’77 and Janet Michael K. Voris ’80 J. Phillip Samper ’61 M Daniel Junxia Halvorson William Voris, Fred M. Smoot ’66 Chen ’86 AMBASSADOR LEVEL Haakon Korsgaard ’74 Estate of * M Nikolaus P. M Soren Kenneth (Gifts from $25,000 to $49,999) Adel F. Labib ’83 Lynn Waunford-Brown Tillmann ’79 Christensen ’72 Lisa A. Bellm ’89 L. Roy & Marilyn Papp ’92 & The Stephen Diego J. Veitia ’66 and Steve Church L. Richard & Elizabeth Sarah & Duane Parker Cyrus Freidheim the Diego J. Veitia M Catalina E. Cisneros Flury ’92 & the Honey Foundation Foundation Weatherly ’97 William D Hacker, Locust Foundation M Jeffrey R. Wescott ’81 Kimberly Harper M Taylor Collings ’75 and Estate of * Cherryl J. H. Gene ’60 & Wiehl ’80 the Taylor and Anita Merle A. ’65 & Peterman ’81 Shirley Wick David Lowry Collings Charitable Miriam Hinrichs Roger D. Potdevin ’87* Heather L. ’94 & Winter ’02 Fund Farnham H. Johnson M Bernard G. Rethore Eric Wise M Barry Scripps ’92 & William M. ’71 & ’50, Estate of * John S. Rizley ’93 Diane O. Wittenberg & Caroline Wilkinson & Cheryl Coulter and M Jack A. Lavin ’77 Richard B. & Alice C. David Minning The Wilkinson the William and Maribeth S. ’74 & Snell Foundation Cheryl Coulter Martin Eric Rahe ’74 INVESTOR LEVEL Robert L. Zorich ’74 Charitable Fund David H. ’73 & Sarah PARTNER LEVEL (Gifts from $2,500 to $4,999) M Bret C. Dandoy ’89 H. Roberts (Gifts from $5,000 to $9,999) Ali I. Al-Hedaithy ’78 LEADERSHIP CIRCLE Gonzalo A. de la John Kenneth ’57 & M John G. ’86 & Lori J. Harry Ray Jr. ’58 & (Gifts from $1,000 to $2,499) Melena ’99 Jeannette Seward, Andrews Florence Atkison M Frederick W. ’81 & Dick & Betsy DeVos & Nicole A. Seward Lode Beckers M Ali Mohammed Bahaj Nancy C. ’81 Adams Dick & Betsy DeVos Farquhar ’96 and the M Diane E. Borden ’92 ’79 & Gloria Bahaj Leavitt B. “Buzz” Jr. Foundation Seward Family W.L. Lyons Jr. ’60 & David Bowen ’66 & Joan Ahrens M John J. DiFazio ’66 Foundation Alice C. Brown and Robert Breau ’62 and the LB Ahrens Jr. M Michael T. Dillon ’78 Daryl G. & Louis the W.L. Lyons Brown Ángel & Elizabeth Family Gift Fund M Christine M. Doyle ’93 Arthur Weil III and Jr. Charitable Cabrera Larry E. Allbaugh ’90 Connie Duckworth and the Daryl G. and Foundation Satjiv S. Chahil ’76 Bernard Anderson ’73 the Kadrovach- Louis Arthur Weil III Harry Allyn M John C. ’61 & Bernie Robert E. Anderson ’47 Duckworth Family Fund Cockrell ’73 Cooper Robert T. Angle ’72 Foundation Daniel D. Witcher ’50, John C. Cook ’79 Mia Diekemper Susan Mary James W. ’72 & Estate of * Serge L. Dubois ’71* Maddoux ’78 Aumack ’88 Michiyo Echle James R. Easter ’79

18 fall 2006 Robert S. ’67 & Lore Robert J. Lambrix ’63 M Elizabeth Moreland Dana J. Schneider Jr. Clarence L. Eichfeld & the Robert E. Lang Jr. ’74 Fiorillo ’87 ’69 and the D.J. Wasson Jr. ’49 Eichfeld Family & Paulette Braune Robert P. Mosier ’72 Schneider Family Christopher R. Foundation Lang ’74 M Christoph Foundation, Inc. Watson ’96 J. Melville Engle Richard Lannin ’70 Muelbert ’95 Pablo Schneider Lynda C. ’80 & Thomas M. ’93 & Lisa M Robert E. ’58 & M Gigi L. Myung ’87 Richard Schoener ’07 William H. Webster H. Evans ’93 Geri Laport M Nona P. Niner ’81 M Karl E. Schreiber ’95 Marshall D. Barbara M. Eyre Susan B. Lavenson Michael Nissman ’70 Alexander I. Welch III ’92 Gillen ’62 Chris & April Lee Carolyn ’71 & Mark Schwartz ’80 Barlow M. Westcott II Robert M. Jr. ’50 & M Eileen N. Edward O’Malley ’71 Per Arne Selbekk ’90 ’76 & Nancy C. Dale D. Frehse Leonhardy ’95 Elizabeth A. M Jeffrey E. Shopoff ’91 Vandenburg Westcott Richard J. & Charlyn Susan D. Libera Palermo ’82 M Douglas H. ’76 Gallio Knust ’77 M James G. Parkel Short III ’75 Herman A. Steven H. Ganster ’77 George R. Jr. ’54 & Jane M. Schneidecker Charles R. ’06 & White Jr. ’86 M Miles J. Gehm ’56 Margarita Lindahl ’82 & Duane A. Tracy Shoumaker Robert E. & M Jonathan R. Giddings Phillip Alan Partain ’74 Robert J. Solomon ’64 Judith Widing ’66 Lindow ’87 M Samuel N. Paul II ’92 Anthony M. Souza ’77 Bruce G. Wilcox ’80 Mary E. Giese ’65 Kathryn Dawn Meredith Peabody ’96 M Cassandra D. Christian Wildmoser Patricia J. Lindquist ’84 Shiraz F. Peera ’71 Stiles ’76 Thomas D. Yates ’75 Glowacki ’96 Bill T. Ling ’73 Tracy L. Penwell ’89 M John D. Stokes ’93 Anthony A. Yoseloff & M Kathleen Marie Susan H. Loo Lenora Peppers M Lloyd A. Straits ’66 The Anthony A. Goldammer- Pattee ’88 Greene ’02 Anne A. Swank ’78 Yoseloff Foundation Copeland ’87 M Sara E. Lynn ’94 Bruce B. ’75 & Kristen Nanar Tabrizi Inc. M Carolyn Goldman M Mary Lynn S. Proctor ’76 M Jacques Tapiero ’82 James F. Young Roberts ’00 & Manning ’86 M John S. Proctor ’84 Rajagopal Tatta M Jiang Yuan ’00 Derrick Roberts & Stephanie A. Beatrice M. Jack D. Taylor ’71 The Goldman Family Martin ’83 Reilley ’98 Associate Level Foundation, Inc. (Gifts from $500 to $999 from David B. Goldman ’64 graduates of the past five years) Daniel J. ’65 & Vivi Goldsmith Julie C. Anderson ’02 M Paul G. Gomez ’78 Luis E. Angulo ’05 Christopher John Christian Manuel Gerd Gowlland ’00 Total Cash by Source Bartsch ’03 George E. Grady ’57 David William E. M. Gray ’88 2005–2006 Boggess ’02 Jacobus ’73 & Bonnie M Richard Irwin Jean Smith Groot Burnett ’05 Jill Heaton Gross ’81 M Fredrik Karl Anders Michael Harris Carlegren ’01 Gross ’66 M Santosh Ramsewak Lisa Guillermin Gable Alumni $ 2,094,802 Chaturvedi ’01 John P. Gypton ’88 Yen Yu Cheng ’01 & Martha Van Susan K. Eagan ’01 Gelder ’88 Lara J. Gardiner ’02 & William Renwick Dennis Hall ’02 Halloran III ’83 Non-alumni $ 1,160,112 Alfredo Gonzalez Thomas M. Harte ’77 Lara ’04 M Tracy K. Hastings ’48 Brett Edward ’02 & Susan Corcoran Julia Fadness Hayes ’72 Grossman ’93 John S. Hazelton ’72 Jena L. Holtberg ’01 Virgil E. Heidbrink ’50 Other $ 1,528,086 M Kirk D. Hickey ’01 Paul L. Hertenstein Jennifer S. Kehl ’04 Dominik K. Hess ’01 Corporate $ 189,083 Timothy Patrick George L. Hiller ’72 Keller ’01 Naoyuki Honda ’96 Kellie J. Kreiser ’04 Howard D. ’51 & Billie Dennis ’05 & Phyllis Hoops Foundation $ 835,485 Lisa Kittrell M Peter S. Karina Larsen ’03 Houseknecht ’70 Government $ 243,199 Vikram David Hu ’82 Mangharam ’03 Kellie Holloway Tota l $ 6 ,05 0,767 Brian M. McBride ’05 Jarman ’94 & Robert H. Owen ’06 Daniel Jarman M Mayukh ’04 & Catherine Johnson ’96 Susmita Poddar ’04 Thomas E. Jones ’64 Christopher A. Artur J. Jotic ’83 Manuel Martinez ’83 Ketty Restis ’89 Nancy Warner Sada ’01 Todd E. Judy ’96 James M. Marzo ’85 Thomas C. Trevino ’82 Joanne Solomon ’05 Kay L. & Bill Keck Craig G. McBurnett ’78 Reycraft ’78 William Cochrane Sara Swain ’04 Gilbert R. Khoury ’81 M Teresa E. McCaslin M Alexander Reznik ’01 Turner M Kevin Swiss ’01 & Therese Mary James A. & Jean E. Michael F. Richter ’88 M Anthony James Miller Khoury ’80 McClung M Carroll M. & Patricia Van Der Hoek ’89 Deborah Marie Nancy A. & R. Sean Rickard ’56 Gerard H. Kielty ’81 McConlogue ’98 Sheridan L. Risley ’50 Vehmeijer ’81 M L. William Jr. ’79 & Gregory J. M Barbara V. Rivera ’77 Lynn C. Vigar Elizabeth Kirby & McDonald ’74 M Michael A. ’97 & Martinez ’83 The L. William and M Robb B. McGregor ’97 Angela Quinn Michele M. ’88 & Elizabeth Ann Kirby Marianne McIlvain Roberts ’98 Rene Armin von Fund Spalding ’79 M Jose I. Saez ’99 Rautenkranz ’88 Marie G. Kissel ’85 A. Lance McInnes ’90 M Hiroaki Sato ’96 Amy E. Vorndran ’95 Joseph M. ’47 & Aaron M. ’98 & M Cindy Schwab-Salem Aubrey T. Walden ’83 Betty Klein Shannan McKee ’89 and Marc Salem Gregory C. Boldface: Indicates a donor M James G. Kohl Jr. ’71 Knud H. Merckoll ’77 Robert James Wallace ’80 who has made consecutive MLuke Edward Harold R. ’56 & Saum ’91 William T. Walsh ’71 contributions in 2004-2005 Koons ’95 Janice S. Miller Susan C. Scheller John A. Warner and 2005-2006 M Dale G. Kramer ’77 Robert J. Miller ’92 Arsht ’87 Sr. ’48 M: Provides corporate John P. Kresky Jr. ’93 Muzzafar Mirza ’82 John A. Warner Jr. ’85 matching gifts Jimmy K. Laihad ’86 * Indicates donor is deceased investor report 19 annual fund

Jerome E. Firsty ’57 Intel Foundation 10 Year Consistent Donors Vadim Fischer ’79 International Data William S. Fishback ’58 Corporation Richard J. Fisher ’91 Susan P. Irick Hacker ’83 ITHOUT THE GENEROSITY Vincent J. Daniel T. Jacobsen ’59 of our Fitzgerald Jr. ’85 Julie Anne Jacobus consistent annual donors, Thunderbird Gary Forbes ’85 Eiselt ’84 would simply not be Thunderbird. Some Jean Fortriede Burns ’53 Bahij Issa Jada ’84 W Charles H. Fowler ’76 Jahandar Jahanbani ’83 individuals have given every year for more than 20 Robert Matthew ’79 & Diane Berry Melanie ’80 Franko Jakubowski ’89 years. As models of stewardship, they set a leading Cyrus F. Freidheim Jr. Alfred P. Jankus ’47 Gregrick A. Frey ’89 Lance S. Jensen ’67 example each year, making top-notch students, Christopher John William A. Jetter ’66 world-class professors, cutting-edge facilities and a Fussner ’82 James Fleming Christopher C. Gaebe ’75 Johnson ’85 truly global presence a reality. Thunderbird especially Samuel S. Garvin ’88 Johnson & Johnson Jonathan R. Giddings ’66 Company thanks them and recognizes their continued support. Mary E. Giese ’65 Charles J. Jones ’71 Marquis Henry Thomas Eugene Frederick William J. Bridget Blake Kristanne Connors Gilmore ’63 Jones ’64 Adams ’81 Rodgers ’89 Pond ’80 Peggy Ann Gitt ’80 Rebecca Judd ’76 Nancy Carol Adams ’81 Norman H. Roger S. Conrad ’84 Malcolm F. Gleason ’50 Michael F. Julian ’69 Mark Peter Aledda ’76 Blanchard Jr. ’59 Michael M. Considine ’69 Paul G. Gomez ’78 Robert-Charles Kahn ’93 George L. Alexakos ’88 D. B. Blankenship ’72 William J. Cooney III ’79 Alan P. Goode ’75 Gerald H. Kangas ’60 Hilary Whitaker Walter C. Boice ’64 Catherine W. Cooper ’75 Ronald L. Goode Joseph Thomas Allen Jr. ’92 Frances L. Bonham ’81 Bruno John Gary Jones Goodman ’71 Kaplan ’89 Hal R. Allen ’73 Randolph W. Boyer ’79 Cornelio Jr. ’76 Catherine R. Gordon ’81 Kelly A. Karbon ’81 David James Alltop ’92 Patrice Boyer ’74 L. Steve Cornell ’52 Sara Tancer Gordon ’89 James R. Kenley ’80 Donna M. Ambrose ’81 Mary Faith Boyle Robert F. Cranshaw ’87 George E. Grady ’57 Andrew Thomas Kho ’90 American International Johnson ’59 Michael Dennis Crotty ’74 Richard Alexander Kathleen M. Kidder ’69 Group, Inc. John F. Brady ’74 Adrienne Aphrodite Green ’81 Kelly M. Killian ’95 Stewart G. Marion P. Brawley ’76 Crowley ’85 Jennifer Gregory ’82 Edward K. Kimmel ’76 Anderson Jr. ’67 Robert Breau ’62 Robert B. Cummins ’75 Andrea L. Gregory Timothy King ’47 Dennis M. Andres ’92 Ann Lawrence Breese ’83 Richard H. Dail ’89 Schoen ’74 Bjorn O. Kirchdorfer ’87 John G. Andrews ’86 Richard J. Breit ’73 John F. Daliere ’64 D. Michael Griffin ’66 Joseph M. Klein ’47 Mark D. Appelbaum ’91 Heidi Lynn Brelsford Peter George Michael Harris Gross ’66 Barbara J. Kleuskens Owen M. Appelman ’89 Barnes ’86 Dannerbeck ’77 Jill Heaton Gross ’81 Peterson ’86 Nancy J. Armstrong ’74 Thomas J. Brennan ’79 Reynold E. Darnell ’49 Margaret Gumerlock Nicola Alexander Ruth I. Arnold ’73 Rebecca Ann Brewer ’74 Douglas Paul Thomas ’81 Klutho ’83 Julie Alice Arnold Lisa M. Brinkmann ’83 Deardorf ’84 Geraldine Marie Gurley Lynn Koenig Trojahn ’86 Fitzgerald ’85 David L. Brothers ’78 Nicholas Lambert Lamonica ’70 John M. Kolmer ’92 Alton L. Ashley ’50 Rosamond Sample DeBiaso ’93 Frederick W. Hadlow ’95 Dale G. Kramer ’77 AT&T Foundation Brown ’84 Bryan R. DeBroka ’93 Stephen Farrelly Hall ’69 Jonathan E. Kranz ’77 Edward C. Auble ’72 William G. Brown ’70 Ann Marie DeLaHunt William Renwick Halloran George D. Krempley ’77 Susan M. Aumack ’88 W.L. Lyons Brown Jr. ’60 Burniston ’91 III ’83 Thomas F. Krill ’69 Vickie A. Austin ’93 James K. Bruton Jr. ’76 Gerald F. Dennig ’86 Philip B. Hamilton ’77 Elizabeth Sites Jay C. Austin ’96 Thomas A. Bullis ’78 Daniel B. Denofsky ’94 Michael R. Hanson ’71 Kuhlman ’50 Beth Ellen Babich ’77 Michael E. Burrichter ’87 Nicholas William Jeffrey P. Hare ’95 Mihoko Kushida ’92 Robert G. Babson ’80 Amanda F. Buschi ’88 Deppen ’87 Daniel Drury Harkins ’57 Daniel Joseph Labrie ’83 David A. Bagley ’86 Gregory Paul Diego J. Veitia Herbert L. Harris ’72 Peter Gregory Bank of America Buschmann ’84 Foundation William B. Hartley ’62 Lamberton ’79 Foundation Joan Louise Caldwell ’81 Mia Diekemper Barton L. Hartzell ’59 Isabelle Landi Thomas Algirdas Joseph M. Callahan ’80 Maddoux ’78 Lisa Beverly Haskell ’94 Diamond ’92 Baranauskas ’79 Edward C. Campeau ’53 Ellen Marie Dieringer ’81 Tracy K. Hastings ’48 Richard Lannin ’70 Kimberly Sue Barkdoll Lucien G. Canton ’82 Michael T. Dillon ’78 Susan Corcoran Robert E. Laport ’58 Mandel ’82 Robert W. Caragher ’86 Constance C. Dillon ’78 Hayes ’72 Howard Lasser ’78 William H. Barkell ’72 Steven Todd Carlson ’88 Robert A. Dilworth ’60 F. Berry Hayley ’68 John H. Latham ’71 Christopher J. Deborah A. Chanen ’91 Linda Anne Dolgow Jack N. Hays ’72 Jon R. Lazarow ’96 Barltrop ’70 David Drennon Krull ’82 John G. Hazard ’68 Leslie Marsh Barbara M. Barrett Chapman ’80 Jack Edward John Heard ’69 Lemonick ’82 B. W. Battenfield ’68 Lynne Child Donnelly ’60 Gerald Peter Hees ’83 Tracey Lerch Christopher T. Franceschi ’89 Lisa M. Doty Osmon ’85 Robert G. Heinemann ’60 Cantarutti ’80 Batterman ’89 Louis C. Chittenden ’75 Sarah Louise Dove ’86 Peter J. Hellman ’68 Joan E. Lincoln Robert W. Bauchman ’74 Cynthia Choyce Stephen J. Doyle ’82 William E. Henley ’48 David C. Lincoln Kristine Baumgart Connor ’53 Kenton E. Draigh ’59 James E. Hershey ’84 George R. Lindahl Jr. ’54 Grutzner ’87 Gary E. Christensen ’63 Christopher J. Paul L. Hertenstein Kathryn D. Lindquist ’84 Bechtel Foundation Michael C. Cirino ’78 Duenow ’88 Richard C. Hessert ’48 Darrell Y. Lininger ’62 James L. Bell ’52 Robert Therrell Bruce R. Duston ’70 Robert W. Hewes ’70 Gregory L. Linker ’78 Barbara Bell Fletcher ’79 Claiborne ’82 Bruce J. Eberly ’74 Edward D. Hill ’66 Jack E. Lockledge ’55 Cynthia J. Benci Robey A. Clark ’74 Barbara J. Edmunds ’52 George L. Hiller ’72 C. Day Lohmann Gibbs ’77 James W. Clarke ’50 Murray F. Ehlers ’57 Scott V. Hitchcock Jr. ’74 Breitag ’85 Kenneth L. Bennett ’61 Nancy Lynn Clarke ’78 Olga Eldek Turcotte ’81 Thomas D. Hobson III ’79 Susan H. Loo Pattee ’88 Tracy R. Berglund Catherine Holmes John A. Ellison ’95 Philip Donald Robert L. Love ’65 Curran ’82 Coates ’87 Mark A. Emkes ’76 Hoffman ’58 Nicholas R. Lubar ’74 Ira G. Berlin ’64 James G. Coatsworth II Sara A. Engber ’93 David Wheeler Joy Crews Lubeck ’86 Mark S. Bertrand ’91 ’47 Robert Charles English Holmes ’85 Kent E. Lupberger ’80 Valdis Berzins ’77 J. Steven Cole Jr. ’61 ’76 Ann Frances Honsa L. Shippen Gail P. Beske ’78 Judith K. Cole ’79 Lynn Fenton Erb ’86 Salaber ’80 Luquer Jr. ’57* Robert M. Betette Jr. ’71 Johannes Cornelius G. Scott Erickson ’83 Deborah Howard Scott D. Lyle ’95 Melvin T. Bethke ’61 Combee ’72 William E. Esch ’74 Jacob ’88 John A. Macy ’52 Eric Gordon Bing ’94 William W. Cone ’79 William A. Evanow ’92 Kyle Garfield Linda J. Magoon ’84 George S. Bjerklie ’50 Carl Michael Conney ’72 Thomas M. Evans ’93 Hranicky ’93 Kendra Lu Mahoney ’79 Fiona C. Black Michelle Teresa Connors Holland Bowen Arthur F. Karen B. Maloney ’80 Jackson ’83 Jones ’87 Evans Jr. ’73 Humphrey III ’79 Mark D. Mandel ’82 George B. Blake ’59 Christian Febiger ’73 James L. Hyek ’60 Elizabeth A. Manitsas ’84

20 fall 2006 annual fund

Franklin H. Mann ’75 Jerome Kay Pascoe ’65 Richard H. Romney ’55 Harold B. Shaeffer ’63 Eric T. Stoen ’95 Nicholas M. Jeffry D. Patton ’87 Bradley M. Roof ’73 Robert Leon James Moore Manuselis ’91 William N. Paty ’74 John J. Ross ’60 Shanks Jr. ’76 Stothers ’57 Jeffrey J. Marchant ’67 David L. Payne ’88 David D. Rotchadl ’75 William M. Shapiro ’65 Charles N. Sturtevant III Lowell K. Marcus ’48 Diana Kay Pecen ’87 Stuart Gregory Roth ’83 Cyril P. Shaughnessy III ’81 Stephanie Ann Martin ’83 Leslie Pembroke ’85 Helen B. Rudin ’91 Toshiya Sugiyama ’81 Theodore U. Martin ’70 Julie Pennington ’86 Jeffrey P. Rudolph ’69 Robert J. Sherr Jr. ’72 Eugene C. Sullivan II ’67 Joseph D. Martin III ’95 William Alan Perry ’92 John R. Rush ’71 Susan Shively Michael M. Sussman ’64 Jeannie Teresa Martin Diana Perry Doyle ’78 Linda Mary Russ Anderson ’79 Carl Allen Swedberg ’92 Harbottle ’87 Clarice Jane Peters ’84 Perlstein ’76 William A. Sholten III ’83 Jay Harrison Tate ’61 Manuel Martinez ’83 Amy Therese John Francis Ryan ’72 Thomas W. Short ’82 Martin Junius Taylor ’61 Robert H. Mason ’78 Petersen ’83 Mario G. Sabatini ’74 Gerry O. Sibley ’73 Constance L. Nancy Mathis Aldo Pia ’72 Leonardo Sabino ’93 Ronald Vernon Sigler ’58 Thatcher ’76 Edwards ’58 Glenn William Pike ’91 Patricia Gabriella Jodi G. Simpson ’85 Robert S. Thomas ’47 John R. Mattison ’70 Karl Heinz Pisec ’94 Saitow ’84 Thomas C. Victoria Thomas Lynn D. Mayer ’63 Luis C. Pi-Sunyer ’64 J. Phillip Samper ’61 Singleterry ’76 Godfrey ’86 MBNA America Charles A. Platt ’66 John Ricky Sample ’77 Craig George Sirnio ’72 C. Robert Bank N.A. Henry R. Poertner ’69 Wallis R. Sanborn II ’62 Theresa J. Smith ’93 Thompson Jr. ’59 Robert A. McBride ’71 Donna R. Pollack Sandy M. Sandler ’85 Valerie Smith Maurer ’79 William R. Tiernay ’56 James A. McClung Hershkopf ’75 Brent J. Sanford ’68 Richard B. Snell Ricardo Juan Torres ’81 Grace A. McConnell Adrian Valdemar Norman H. Sheldon L. Snook ’85 Harry B. Turner ’51 Keinath ’89 Popescu ’76 Sanguinetti ’52 Maria H. Soldatos ’87 William Cochrane Turner Ronald R. McDaniel ’73 U.S. Department of Robert L. McIntire ’47 Education Beatrice Elizabeth Shigehiro Uchida ’61 McMillan ’90 United Way Lynn E. McNeal ’75 W. G. Van de Fliert ’80 Tom J. McSpadden ’65 Lynn Carol Vigar Christine L. Messinger ’91 Martinez ’83 Kim Elaine Metli ’84 First-time Martha R. Von Thomas K. Meyer ’83 Hillebrandt ’80 Thomas Gordon Alumni Donors Rene Armin von Miller ’86 Rautenkranz ’88 Dan Cameron Milne ’86 William * & Mavis Voris * Alfred F. Miossi ’48 Pieter Arie Vos ’58 Alejandro Mirkow ’95 Algis Vosylius ’68 Kim Harold Mitchell ’83 Charles Michael Vrtis ’82 Shogo Miyamoto ’78 Bruce Godfrey Peter C. Moon ’89 Wachtel ’83 Michael K. Moore ’85 Robert J. Walker ’60 Michael Joseph Eileen C. Walker ’92 Moretti ’82 Frances M. Wallace Kari L. Morgenthaler ’93 Robertson ’81 Thomas D. Morse ’66 Kurtis Raymond Motorola Foundation Wallin ’90 Duane D. Mowry ’50 T. Michael Walsh ’64 Robert B. Moyer ’48 William T. Walsh ’71 John Pierre Moynier ’67 Mary Elizabeth Ward ’84 Jayne Marie Jennifer A. Warner ’95 & Mulcahey ’87 John Warner ’98 William J. Mullane ’85 Clarence L. Gordon D. Myers ’91 Wasson Jr. ’49 Alexander E. Catherine Mary Naughton ’70 Waterman ’82 Dana A. Nelson ’52 Lynn Waunford-Brown ’92 Gary W. Nelson ’65 Craig C. Weeks ’78 Maegene Nelson ’76 Wells Fargo Bank N.A. Lynn M. Newton ’90 George A. Wenz ’70 Christopher J. Newton ’91 Robert L. Westcott ’58 2001–02 2002–03 2003–04 2004–05 2005–06 Theresa Phan Nidetz ’85 Whirlpool Foundation John F. Nielsen ’47 682 504 906 666 290 Jeffrey S. White ’69 Cynthia Nilsen H. Gene Wick ’60 Engquist ’84 Kimberly H. Wiehl ’80 Nona P. Niner ’81 Thomas M. Preston ’65 Robert James Saum ’91 Robert J. Solomon ’64 Robert S. Wilcox ’68 J. William Nishnick ’79 Richard E. Punnett ’55 Debra S. Schatzman ’83 George Anthony Bruce Gregory Wilcox ’80 Michael Nissman ’70 Mary-Louise Quinn ’83 Susan Carla Scheller Sorenson ’80 Karen G. Williams- Victor T. Nohl Jr. ’76 Reed Charles Ramlow ’88 Arsht ’87 Mary Southworth Bell ’61 Alan G. Nordell ’73 Theodore J. Rectenwald Thomas Freese Curran ’82 Heidi Winkelman Karen S. Norelli ’80 Jr. ’78 Schields Jr. ’75 Melanie J. Spare Hammel ’78 William L. Nystrom ’60 Erica A. Reitz Yahn ’92 Robert E. Schlegel ’68 Oswalt ’90 Kenneth D. Winter ’49 Mark G. Olsen ’90 Lance M. Renault ’71 William Schlichter Jr. ’75 Horace Speed III ’62 Gary Allan Withall ’73 Gregory Leonard Bernard G. Rethore Joseph C. Schmieder ’78 Shirley A. Spiller ’89 Robert E. Withers III ’68 Olson ’88 Frank R. Rhoades Jr. ’93 Denis W. Schreiber ’79 Sprint Foundation Gregory B. Wolters ’95 Carolyn K. O’Malley ’71 Janet Entrekin Samuel Schulman ’52 Robin W. St. Charles ’88 Charles T. Wood ’53 Stephen P. Onuparik ’70 Rhoades ’87 Judith Ann Schulz ’88 John D. Stanton ’62 Shirley C. Wood Oppenheimer Foundation Michael F. Richter ’88 Alexander I. Schwartz ’80 Anton Stauffer ’80 Hartley ’62 Lise Margaret Ovregaard Edward Steven Mary Ann Seabrook Ronald O. Stearns ’64 Charles E. Workman ’61 Hain ’82 Riquelmy ’88 Bashaw ’82 Richard D. Steed Jr. ’90 Winthrop Arthur Roseann Elizabeth Christopher Peter Allan H. Stefl Wyman ’56 Paciotti ’80 Ritten ’87 Eric Von Steinwinder ’92 Richard John Wynne ’81 Elizabeth A. Palermo ’82 Michel Henry Boldface: Indicates a donor Nathanael W. Yang ’82 who has made consecutive Edward Florian E. A. Paloutzian ’69 Rittenberg ’75 contributions in 2004-2005 Stemple ’87 Barbara Yunker L. Roy Papp Donald B. Roberts ’57 and 2005-2006 Alison Wynne Stern Bettison ’55 Sarah Parker ’92 Richard S. Roberts Jr. ’70 M: Provides corporate Stilwell ’83 Thomas E. Zapp ’76 William H. Parker ’65 Alvin Gerald Robins ’50 matching gifts Lloyd C. Stevens ’92 John Zetzman Jr. ’87 Frank M. Parsons ’77 Masami Robson ’91 * Indicates donor is deceased Cassandra D. Stiles ’76 Emil Z. Zilai ’59 investor report 21 corporation/ foundation

Arizona Biltmore M Datatel, Inc. HANK YOU TO those donors who have Arizona Cardinals David & Rosalie Arizona Community Lawrence Charitable taken a leadership role in their philanthropic Foundation Fund contributions to Thunderbird. Their generous M Arrow Electronics Inc. Decision Analyst, Inc. T Aspen Resort Dell Foundation gifts allow the School to allocate funds to the area of Accommodations M Deutsche Bank M AT&T Foundation Americas Foundation greatest need, building excellence, brand awareness Atlas Steel Products Dick and Betsy DeVos and recognition for Thunderbird’s unique programs Company Foundation M AutoZone, Inc. M Diebold Foundation and outstanding students and faculty. B & D International Diego J. Veitia LLC Foundation M Bank of Montreal M Distrigas of GIFTS OF $100,000 GIFTS OF $10,000 TO Pivotal Group M Bank of New York Massachusetts LLC AND ABOVE $24,999 Primacy Relocation Foundation Doyle Trading BillMatrix Corp. Celebrity Fight Night LLC M Baxter International Consultants, LLC Craig & Barbara M Conti-Group Southampton Row Foundation Driver and Nix Barrett Foundation Companies, Inc. Trust Limited M Bechtel Foundation M E&J Gallo Winery M Hershey Foods Ford Motor Company Thunderbird Beck Oil, Inc. M eBay Foundation Corporation Freidheim Family Fund Philanthropy Auction Benitez Enterprises, M Ecolab Foundation Institute for Supply of Ayco Charitable W.L. Lyons Brown, Jr. Inc. Egon Zehnder Management Foundation Charitable Bordertec, Inc. International U.S. Agency for Intel Corporation Foundation, Inc. Bravera M Eli Lilly & Company International MBNA America Bank M Bridgestone/Firestone Foundation Development N.A. GIFTS TO $4,999 Trust Fund M Emerson Charitable U.S. Department of Merck & Company, M 3M Foundation M Bunge Corporation Trust Education Inc. A.G. Edwards & Sons, Foundation M Equifax Foundation Nierling Foundation Inc. M Cardinal Health M F. Hoffmann-La Roche GIFTS OF $50,000 TO M Siemens Building M ABN AMRO Bank M Cargill Foundation Limited $99,999 Technologies M Accenture Foundation, M Caterpillar Foundation Fidelity Investment J. T. Tai & Company Télésonique Inc. Charlotte & Edward Group Foundation, Inc. M The Sallie Mae Fund M ACE INA Foundation Wheeler Foundation Firbeck Inc. Tyco International Acordia of Arizona M ChevronTexaco M First Data Corporation GIFTS OF $25,000 TO (US) Inc. M AES Corporation Foundation M First Data Western $49,999 M Wells Fargo Bank N.A. M Aetna Foundation Inc. M Chicago Mercantile Union Foundation Consular Corps of Zephyr Associates, Inc. M Agilent Technologies Exchange First Federal Mortgage Arizona Foundation CHOICES Worldwide Inc. Daryl G. and Louis A. GIFTS OF $5,000 TO Alliant Associates LLC M Chubb & Son Inc. M First Horizon National Weil III Fund $9,999 Altman Family Fund Chung Dam Corporation M Johnson & Johnson American Management M Amerada Hess M Citigroup Foundation M FleetBoston Financial Company Association Corporation M Citrix Systems, Inc. Foundation M Pfizer Foundation M Bank of America M American Express M Clorox Company Flex International Seward Family Foundation Foundation Foundation Limited Foundation ExxonMobil American Impressions, CMBS/Realty One M FM Global Foundation The Kearny Alliance Corporation LLC Trust M FMC Foundation Thunderbird – TGN M ExxonMobil M American International M Comerica Charitable M Ford Motor Company Phoenix Chapter Foundation Group, Inc. Foundation Fund Gary K. Herberger Amphenol Optimize M ConocoPhillips Inc. Foundation Carinoso Trust Manufacturing, Inc. M Cooper Industries Four Seasons Hotels Global Adrenaline, Inc. Anthony A. Yoseloff Foundation and Resorts King Baudouin Foundation Inc. CrossBridge Venture M Gannett Foundation Foundation M AON Foundation Partners M Gap Foundation Kraft Foods Global, Apex Services & Crosscurrent Marine M Gartner Consulting Inc. Associates Inc. LLC M General Electric M Nordson Corporation APTINC, LLC Cummins CPA, PC Foundation Foundation M Aramark Corporation D.J. Schneider Family M General Motors Olayan Investments Archimedes Foundation, Inc. Foundation Company Corporation M DaimlerChrysler M General Re Corp. Establishment Corporation Fund M GeneTech Biosciences

22 fall 2006 Geneva European M Markem Corporation M Merrill Lynch & M Nissan North America, Thunderbird Global Reunion M MasterCard Intl. Company Foundation Inc. Council M Genworth Financial M Maytag Corporation M Metris Foundation M Nokia, Inc. Thunderbird Tapestry M Gillette Company Foundation M Microsoft Corporation Norman H. & Margaret Collection M GlaxoSmithKline M McCormick & M MMC Matching Gifts E. Blanchard Gift Tipuani, Inc. Foundation Company Fund Inc. Program Fund M Total E & P USA, Inc. M Goldman Sachs Fund M McDonald’s Montachem, Inc. M Northwestern Mutual M Toyota Motor Sales M Grainger Foundation M Morgan Stanley Foundation USA Grand Canyon Railway M McKesson Foundation Foundation M Novartis US M Trans Union Greater Kansas City Medical Computer M Motorola Foundation Foundation Corporation Community Systems National City Bank Novatec Corporation Triangle Exports, Inc. Foundation M Medtronic Foundation Cleveland Novick M Tyco Foundation Grove, Ryan and M Mellon Financial M National City M Nuveen Investments M UBS Financial Services Company, P.C. Corporation Corporation Old Brazil Corporation Inc. Hakatai Enterprises, Foundation M NCR Foundation M Omgeo LLC M UBS Foundation USA Inc. M Merck Company M Newmont Mining Corp. Ostrofe Financial M Unilever United States M Hallmark Corporate Foundation M NIKE Foundation Consultants Inc. Foundation Inc. Foundation M P & G Fund United Fuel Company M Harley-Davidson M PACCAR Foundation M United Technologies Motor Company M Pacific Life Insurance Corporation M Hartford Financial Company United Way Services Group, Inc. M Pactiv Corporation M UPS Foundation Healthcare Financial Para-Ski, LLC M Verizon Foundation Analytix, Inc. Pathfinder Companies Vesper, Inc. M Hewlett-Packard M PepsiCo Foundation VISA International Company Foundation Donor Growth Peter G. Kelly & Ruth Visionmakers Hier Associates LLC E. Morris Fund International, LLC M Honeywell Corporation donors M PG & E Corporation VMC Technologies, International Phoenix Group of the Inc. Foundation Carolinas VRF Financial Group M HSBC Securities Phoenix Mercury M Wachovia Foundation (USA), Inc. Phoenix Pacific, Inc. Walker Company M IBM International PianoOne LLC M WAMCO Foundation M Pitney Bowes Limited Weikel Family M Illinois Tool Works PK Properties Charitable Foundation Foundation M PNC Bank Foundation M Wells Fargo Independent Insurance M Posner-Wallace Foundation Group Foundation M Westmoreland Coal Industrial Global M Principal Financial Company Access Limited Group Foundation M Whirlpool Foundation M Intel Foundation M Providian Financial Wilkinson Foundation InterCommerce Corporation William and Cheryl Corporation M Prudential Foundation Coulter Charitable International Business R.B. Pierce & Fund Group Company Winthrop A. Wyman M International Data M Raytheon Company Family Fund Corporation Matching Gifts MWyeth M International Paper Program X PRIZE Foundation, Company Foundation Robco International Inc. M INTUIT Foundation 2001–02 2002–03 2003–04 2004–05 2005–06 Robert A. Dilworth M Xcel Energy M ITT Corporate 188 160 200 241 340 Fund Foundation Foundation M Rockwell Collins Inc. M Xerox Foundation Izard Insurance M Rogers Corp M Yum! Brands M J.P. Morgan & Rosemont Mission Foundation Inc. Company Foundation donors M Russell Corporation M Zurich U.S. Foundation M J.P. Morgan Chase M SC Johnson Fund Inc. Foundation Scarborough M Jackson National Life International Insurance Company Schuler Family Janus Capital Group Foundation Jerica International M Scientific-Atlanta Inc. Foundation, Inc. John F.A.V. Cecil Sigma Ventures, Inc. Family Fund M Smith International John Randall Rush M Sprint Foundation and Susan Fairbank M State Farm Companies Rush Fund Foundation M Johnson Controls Storyminers Inc. Foundation 2001–02 2002–03 2003–04 2004–05 2005–06 M Strategic Philanthropy Joseph B. Ryan III P.A. 104 128 138 152 160 Sundance Promotions Kadrovach-Duckworth Susan Corcoran Hayes Family Foundation Charitable Gift Fund M Kelloggs Corporate T. Wade, Inc. Citizenship Fund Government/Other donors M The Boeing Company Kenco, Inc. The Boston Foundation M Key Foundation M The Coca-Cola M Kimberly-Clark Foundation Foundation The Gerlach Group, M KPMG Foundation Inc. M L. William and M The Goldman Family Elizabeth Ann Kirby Foundation, Inc. Fund M The Northrop LB Ahrens Jr. Family Grumman Foundation Boldface: Indicates a donor Gift Fund The Reilly Company who has made consecutive M Lehman Brothers Inc. (Chicago), Inc. 2001–02 2002–03 2003–04 2004–05 2005–06 contributions in 2004-2005 M Lexis Nexis M The Stanley Works and 2005-2006 M Lockheed Martin 20 12 13 15 16 The Sykes Company M: Provides corporate Corporation Thunderbird Alumni matching gifts Foundation Rugby Association * Indicates donor is deceased investor report 23 alumni gifts by class

Richard Luers Jr. LUMNI GIVING illustrates to other business schools and the Thomas E. Nay Richard E. Punnett global community the value our shareholders place on the Richard H. Romney Thunderbird experience. Our alumni contributors advance the William H. Ryan A William L. Shallberg School’s mission in a new era of global cooperation and understanding. George W. Tregea Barbara Yunker We gratefully acknowledge their financial support and thank them for Bettison their generosity and for their part in shaping Thunderbird’s future. CLASS OF 1956 % Donating: 33% Number Donating: 27 Total Gifts: $7,460 CLASS OF 1947 CLASS OF 1949 Malcolm F. Gleason CLASS OF 1953 Average Gift: $276 % Donating: 22% % Donating: 17% Elizabeth S. Kuhlman % Donating: 26% Number Donating: 11 Number Donating: 12 James A. Markley Jr. Number Donating: 14 Leadership Donors Total Gifts: $12,742 Total Gifts: $14,895 Marshall C. Miller Total Gifts: $1,330 M Miles J. Gehm Average Gift: $1,158 Average Gift: $1,241 Charles C. Mitchell Average Gift: $95 Harold R. Miller Duane D. Mowry Donors M Carroll M. Rickard Leadership Donors Leadership Donors William R. Peck John E. Calley Donors Robert E. Anderson Edward C. Boyle Alvin G. Robins Edward C. Campeau Glenn A. Beck James G. Coatsworth Neil M. Clark * Cynthia Choyce Frederick C. Brenner II Clarence L. Wasson Jr. CLASS OF 1951 Connor Norman Capps Joseph M. Klein Donors % Donating: 14% Margaret E. Robert G. Connelly Donors Wayne D. Crooks Number Donating: 7 Dougherty Robert M. Cottam Alfred G. Eriksson Reynold E. Darnell Total Gifts: $1,280 John H. Eikenberry Horst P. Daniels Alfred P. Jankus Roy B. Davis Average Gift: $183 Jean Fortriede Burns Fritz H. Friederich Timothy King Raymond L. Hooper Benson I. Hattem Stewart S. Galt Robert L. McIntire Jr. Leadership Donors Frank L. Hubbard Jr. Walter G. Hodges Robert E. Michael William G. Hoover Howard D. Hoops Edward J. Kelly James R. Jackson John F. Nielsen James G. Maguire Donors Charles H. Peyton * Harry J. Kratoville Jr. Robert S. Thomas Frank F. Mordecai Sr.* Carlos F. Borja Philip W. Sweany Harry J. Laubach Lester H. Wakefield Frank L. Wadleigh * Frank R. McCarter Harry A. Tiber Pierre MacBeth Kenneth D. Winter John L. McFadden Jr. Charles T. Wood William P. Merriam Jr. CLASS OF 1948 Walter L. Miller Harry C. Neal % Donating: 32% CLASS OF 1950 Ben A. Soldo CLASS OF 1954 Michael Newton Number Donating: 17 % Donating: 32% Harry B. Turner % Donating: 10% Ernest S. Olson Jr. Total Gifts: $4,267 Number Donating: 20 Number Donating: 6 John G. Reddan Average Gift: $251 Total Gifts: $59,264 CLASS OF 1952 Total Gifts: $1,220 Thomas E. Rogers Average Gift: $2,963 % Donating: 29% Average Gift: $203 William R. Tiernay Leadership Donors Number Donating: 15 Newell W. Todd Jr. M Tracy K. Hastings Leadership Donors Total Gifts: $1,552 Leadership Donors B. C. Warren John A. Warner Sr. Robert M. Frehse Jr. Average Gift: $103 George R. Lindahl Jr. Willem H. Winter Donors Virgil E. Heidbrink Donors Donors Winthrop A. Wyman John W. Craft Farnham J. Johnson, Margaret L. Bergstrom Yolanda Cerqueria Wilbert F. Heitman Estate of * Vais Ted Johnson CLASS OF 1957 William E. Henley Sheridan L. Risley Milton J. Berrey Shinji Miyashiro % Donating: 23% Richard C. Hessert Daniel D. Witcher, L. S. Cornell Philip S. Sidel Number Donating: 24 David C. Kilmer Estate of * George S. Cumpston Charles A. Whitcomb Total Gifts: $28,578 Lowell K. Marcus Donors Eileen B. Cumpston Average Gift: $1,191 M Alfred F. Miossi Alton L. Ashley Barbara J. Edmunds CLASS OF 1955 Robert B. Moyer George S. Bjerklie John E. Greyer Jr. % Donating: 18% Leadership Donors Richard S. Roberts James A. Buehring Frederick Koppl Number Donating: 13 George E. Grady Robert J. Schweitzer James W. Clarke John A. Macy Total Gifts: $1,335 J. Kenneth Seward William C. Slemons Stephen M. Conger Dana A. Nelson Average Gift: $103 Donors Fred S. Thatcher George J. Peckham Donors David W. Berkey M James S. Thomas Norman H. Paul C. Davis William B. Bottorf Basil C. Wehrman Sanguinetti Jarulv G. Egeland W. D. Buckmaster Allan L. Zimberoff Samuel Schulman John R. Izard Virgil F. Carlson Richard D. Swanson Jack E. Lockledge Edgar W. Davy Andrew D. Vais Ray C. Lopez Murray F. Ehlers

24 fall 2006 alumni giving by class

Jerome E. Firsty CLASS OF 1960 John D. Gilbert % Donating: 18% Thomas B. Haines Number Donating: 26 Daniel D. Harkins Total Gifts: $16,885 John R. Lampshire Average Gift: $649 recognition of his buildings and mod- David A. Lurie Trustee M Charles W. Maggio Leadership Donors years of support to ernizing those that William B. McKaig W.L. Lyons Brown Jr. Thunderbird, the were built when the David Miller Robert A. Dilworth honored W. Darrell Moseley Jack E. Donnelly School named him grounds were used Timothy S. Reed H. Gene Wick after 28 trustee emeritus. as a pilot training Donald B. Roberts Donors William J. Rush Douglas W. Bancroft years on “I believe in base. During the past James Moure Stothers David F. Bravender Thunderbird’s mis- two years, he helped Dean Warner Stanley W. Cosby Jr. the board Mark I. Whitcraft Carl L. Dieda sion and the excel- draft Thunderbird Charles R. Gist lence of the institu- 2010, the School’s CLASS OF 1958 RANK SNELL M. L. Goode tion,” says Dick, who new strategic plan, % Donating: 19% Howard G. Hall II Jr., one of Number Donating: 23 Dan D. Heath is not a T-bird him- which maps Thunder- Total Gifts: $7,288 Thunderbird’s Robert G. Heinemann F self, but rather a bird’s immediate Average Gift: $317 James L. Hyek founding trustees, Neal E. Justin graduate of Stanford future. Snell was on Leadership Donors instilled in his son, Gerald H. Kangas Law School. “It’s near the search committee Harry Ray Atkison Jr. Robert N. Malcolm Dick, an appreciation M Robert E. Laport Laverne C. May the top of my inter- that brought former Donors of higher learning, Thomas C. Morse ests.” President Roy A. Arnold K. Andersen M William L. Nystrom particularly for the William H. Anderson Robert B. Perkovic With 25 years of Herberger Jr. to the Fred R. Andresen kind that Thunderbird Russel A. Rerucha experience as one of School, and he Edgar T. Busch John J. Ross espoused. It was a Bennett O. Cole Robert R. Stanger metropolitan chaired the commit- Gary R. Currie life lesson, one of James D. Van Winkle Phoenix’s top corpo- tee that selected Lloyd N. Darden Robert J. Walker many, which stayed William S. Fishback rate attorneys, Snell current President Alvin G. Fritzner with Dick as he grew CLASS OF 1961 was integral in get- Ángel Cabrera. Robert A. Hinkle % Donating: 20% older. Philip D. Hoffman Number Donating: 22 ting Thunderbird its Snell has been J. Dean Huelat In October, Dick Total Gifts: $7,249 first bond, which as successful in busi- Walter A. Kellogg Average Gift: $330 retired from the Michael F. Kendall paved the way for ness as he has been George Lee School’s board of Leadership Donors buying computers in law. In 1981, he Fred W. Libby M John C. Cooper trustees, on which he Nancy Mathis Edwards J. Phillip Samper and other technology, became chairman of Donald H. Schmoldt served for more than Donors and constructing new Ramada, orchestrat- Ronald V. Sigler Kenneth L. Bennett 28 years. But in Pieter Arle. Vos Melvin T. Bethke ing a turnaround of Robert L. Westcott J. S. Cole John G. Haase the hotel chain. In CLASS OF 1959 Roger C. Hayes 1990, he was named % Donating: 12% David T. Hodgin Number Donating: 18 M Curtiss Klus chairman and presi- Total Gifts: $3,065 F. V. Moller dent of Pinnacle Average Gift: $170 Mark D. Moriarty James H. Parker West Capital Corp., Leadership Donors A. J. Perry Jr. turning it into one Norman Harns John P. Rutten Blanchard Jr. Paul L. Scherzer of Arizona’s most Donors Jay H. Tate financially successful, George B. Blake Martin J. Taylor Mary F. Boyle Johnson Shigehiro Uchida community-oriented Morris B. Buckwalter Gerald C. Van der corporations. John W. Campbell Klomp Kenton E. Draigh Timothy J. Wilbur Snell has been a Francis P. Graves Karen G. Williams-Bell member, director or Barton L. Hartzell Charles E. Workman Alfred C. Herrmann chair of more than Daniel T. Jacobsen CLASS OF 1962 a dozen community Darrell S. Jones Jr. % Donating: 18% John G. Kyle Number Donating: 22 organizations, includ- James H. Manley Total Gifts: $6,515 ing the Phoenix Patrick B. Mattison Average Gift: $296 Clayton E. McManaway Symphony, Arizona Jr. Leadership Donors Community Founda- James M. Whitman Robert Breau Emil Z. Zilai Barbara M. Eyre Gillen tion, Phoenix Aviation Donors Advisory Board, Arthur J. Ballard Gary E. Briggs Phoenix Community Boldface: Indicates a donor Alan C. Chapin Alliance, Greater who has made consecutive Carlos E. Cortes Phoenix Leadership, contributions in 2004-2005 Miles D. Freitag and 2005-2006 William B. Hartley and the Valley of the M: Provides corporate Edward V. Heath Sun YMCA. matching gifts Stephen G. Heiner DICK SNELL and his wife Dinky have been stead- * Indicates donor is deceased Stephen M. Hotchkiss fast supporters of Thunderbird for nearly 30 years. —Dena Braun investor report 25 alumni giving by class

Darrell Y. Lininger John G. Datsopoulos John T. Lyons Peter J. Hellman Robert T. Coyne Kevin J. McMahon James A. Hallmann M. B. MacPhail Ralph V. Hetzel Brian W. Gauler Pat R. Parenti Charles B. Hardy Jeffrey J. Marchant Raymond Hoffman III John L. Gummere Walter S. Plowman William B. Hudson John P. Moynier Henry S. Kopek Stephen F. Hall Wallis R. Sanborn II Martin M. Lentz Horst P. Nolden Phillip M. Lunn David C. Hilliker Terry S. Singer Laurence E. Lipsher Earl K. Oman John N. Main Carl N. Holmes Horace Speed III Donald A. Littlefield Daniel S. Partel Larry K. Mellinger Thomas A. Hoover John D. Stanton Robert L. Love Edward H. Reading David R. Midgley John L. House Thomas F. Surrency Tom J. McSpadden Eugene S. Rice Leland W. Miles Michael F. Julian Shirley C. Wood Gary W. Nelson Dean M. Ross Charles L. Murray Kathleen M. Kidder Hartley Carlos R. Ortiz William H. Serumgard Stephen D. Nadler Thomas F. Krill William H. Parker Timothy M. Sharon Steven L. Nason Wesley A. Kruse CLASS OF 1963 Jerome K. Pascoe R. Ralph Simon M Edmund O. Piehler Jr. Leroy R. Lewis Jr. % Donating: 22% Robert C. Pool John L. Stoody Mary Kay Ross Robert M. Londono Jr. Number Donating: 21 Peter E. Preovolos Harry R. Struthers Brent J. Sanford Marshall R. Malden Total Gifts: $13,095 Thomas M. Preston Frederick B. Suarez Jr. Robert E. Schlegel Samuel I. Matson Average Gift: $624 William M. Shapiro Eugene C. Sullivan II Kenneth P. Skuse Peter W. McClean John L. Shepherd Kent D. Swisher Voldemars Stukuls Michael O. Murphy Jr. Leadership Donors Du Bois S. Thompson Howard K. Trilling K. S. Sullins Terrance P. O’Malley George N. Fugelsang Jr. David H. Warner James S. Trowbridge E. A. Paloutzian Robert J. Lambrix Timothy C. Titus John J. Verity Bob F. Reece Donors CLASS OF 1968 Algis Vosylius Jeffrey P. Rudolph Robert F. Bobo CLASS OF 1966 % Donating: 16% William A. Wagner William H. Schmidt Martha I. Bobo % Donating: 17% Number Donating: 44 M Richard Weden Barry L. Soloff Ronald P. Burkard Number Donating: 30 Total Gifts: $9,476 Robert S. Wilcox Kenneth A. Sperling Andrew Cairns Total Gifts: $14,784 Average Gift: $215 Robert E. Withers III J. W. Watson Gary E. Christensen Average Gift: $493 Anne Webster Hayden Gerrald E. Church Leadership Donors CLASS OF 1969 Jeffrey S. White Marquis H. Gilmore Leadership Donors David R. Lawrence % Donating: 15% Suzanne Williamson Carmen Johnson Leavitt Buzz Ahrens Donors Number Donating: 41 Thomas C. Young Maurice P. Johnson Jr. Leo D. Allen Total Gifts: $7,920 Lawrence W. Knapp III Richard R. Bilbrough Peter A. Bachhuber Average Gift: $193 CLASS OF 1970 Allan J. Libby M John J. DiFazio Charles M. Barringer % Donating: 15% Bebe May M Jonathan R. Giddings Henry F. Batchelder II Leadership Donors Number Donating: 66 Lynn D. Mayer Michael H. Gross B. Wayne Battenfield Michele A. Betette Total Gifts: $32,850 Erol S. Moran Fred M. Smoot John P. Berg Gillett Average Gift: $498 Harold B. Shaeffer M Lloyd A. Straits Barry M. Beyer John C. Gillett M Richardson B. Smith Diego J. Veitia Edgar L. Buck Dana J. Schneider Jr. Leadership Donors George E. Twidwell Donors Courtney H. Carswell Donors M John S. Donnelly Gary R. West C. Michael Bennis Ronald E. Case William W. Anderson M Geraldine M. Gurley David R. Wilson Andrian Chryssolor Johnnie E. Ertle II Charles J. Arndt Lamonica Robert G. Douglass Jr. John M. Foy Peter N. Berns M Peter S. Houseknecht CLASS OF 1964 Jon C. Dyer Michael J. Geier Stephen C. Burrell Michael C. Kwee % Donating: 18% Michael M. Feeney M John E. Gilbaugh Garth D. Clizbe Richard Lannin Number Donating: 21 D. Michael Griffin E. Jackson Giles Jr. Michael M. Considine M Daniel D. Melott Total Gifts: $5,775 Edward D. Hill F. Berry Hayley Roland R. Corriveau Michael Nissman Average Gift: $275 Robert T. Hoskins John G. Hazard Peter J. Cover James C. Schwartz Stephen P. Jeffery Leadership Donors William A. Jetter David B. Goldman Keith K. Kaneko Thomas E. Jones Ralph C. Lambert Jr. Robert J. Solomon Joseph M. Lo Piccolo Donors Richard E. Mar Ira G. Berlin Joe W. McMullan Walter C. Boice Thomas D. Morse M. J. Butler Alexander Nalle John F. Daliere Barrett R. Petty Alumni Giving by Region Allen F. Drachman Charles A. Platt Luis M. Garcia James K. Richardson Total cash donations 2005–2006 Bruce T. Hord Jr. James B. Kelly III Gerald E. Rupp Charles A. Lagergren Mack B. Shaw Donald J. Larson John P. Lewis CLASS OF 1967 Garry S. Moore % Donating: 16% Ronald W. Orbaugh Number Donating: 33 Luis C. Pi-Sunyer Total Gifts: $4,465 Ronald O. Stearns Average Gift: $135 Michael M. Sussman John L. Vette III Leadership Donors T. Michael. Walsh Robert S. Eichfeld David G. Fisher CLASS OF 1965 Donors % Donating: 19% Stewart G. Anderson Number Donating: 26 Jr. Total Gifts: $39,745 Robert F. Begani Average Gift: $1,529 Paul B. Davis Thomas D. Farver Leadership Donors John G. Fenimore Mary E. Giese Ralph D. Ferguson Daniel J. Goldsmith Peter R. Fowler Merle A. Hinrichs Charles W. Graham III Europe Asia Latin America North America Donors Dennis E. Harman Middle East $ 119,497. $ 20,609. $ 1,883,454. Philip F. Calkins M Gilbert C. Hensley Africa Irvin G. Conn III Lance S. Jensen $ 71,241. Alpo F. Crane Donald M. Krumm

26 fall 2006 alumni giving by class

Donors Woodrow J. M Jonathan B. Holcomb CLASS OF 1974 M Jose M. Santos George T. Barczay Christensen Okey B. Johnson III % Donating: 16% Michael J. Schoettler Christopher J. William H. Coughlin M David A. Koepke Number Donating: 88 R.L.Selby Barltrop Jeffrey D. Davis Roger L. Larsen Total Gifts: $88,067 Behram R. Sethna Brian W. Bell Thomas E. Dent David M. Leech Average Gift: $1,001 Joseph B. Sherman Jr. Claude H. Bennett III Brian M. Derby M McDiarmid R. Jerome V. Stapp III Jack H. Brookhart Ralph L. Diamond Jr. Messenger Leadership Donors Joseph R. Terrazas Jr. William G. Brown William C. Drypolcher Clair F. Moore Carl L. Bach Jr. William L. Valenti Oscar B. Cerallo James M. Folsom Stephen K. Nasman Paulette Braune Lang M John W. Waddell Beverly Chan Eneas P. Freyre L. Peter Niggeman Andrea L. Gregory Reed C. Walter Gordon U. Cobleigh Gary J. Goodman Allen F. Ostrofe Schoen M David J. Welch Gary A. Counts Michael R. Hanson J. D. Otis Haakon Korsgaard Michael W. Wold Levie De Leeuw William H. Hill Jr. Aldo Pia Robert E. Lang Jr. Alfred Di Leonardo Charles J. Jones Alan L. Reese Gregory J. McDonald CLASS OF 1975 Bruce R. Duston M Katherine Kelso Gary C. Roberts S. Bredo Oestlien % Donating: 12% Linda J. Eaton Veblen Balestreri John F. Ryan Duane A. Partain Number Donating: 70 Charles E. Edquest Dan M. Kimberly Robert J. Sherr Jr. Martin E. Rahe Total Gifts: $54,499 A. R. Erickson J. N. Kleinecke Craig G. Sirnio Maribeth S. Rahe Average Gift: $779 Gregory L. Ford Donald F. Kozak Michael O. Smith Robert L. Zorich Samuel J. Guarino Jay G. Marks Jr. Gary E. Smith Donors Leadership Donors Robert W. Hewes M Vincent J. Masucci M John C. Solomon Jeffrey C. Anderson Mary P. Besser May Shozo Imamura Robert A. McBride James J. Stone Nancy J. Armstrong M Taylor Collings Charles L. Johnston III Ted O. Mullen II Timothy J. Storch Terry D. Arthur Kenneth N. May W. Dana Juett George D. Neutzler M Kathryn Stulla Robert W. Bauchman Bruce B. Proctor John R. Laverty John C. Patterson Mackensen M Daniel F. Benton M Douglas H. Short III Thomas O. Markle Victor O. Prall Thomas H. Tegart Patrice Boyer Thomas D. Yates John R. Mattison Karl S. Reiner Allan P. Welch John F. Brady Donors George D. May III Lance M. Renault Chad P. Wick Rebecca A. Brewer Rainy R. Atchison Larry E. McCarver David E. Rich Phillip R. Wilson Patiste G. Bronos S.R. August Patrick J. McCormick John R. Rush Clifford R. Wise Jr. Lawrence J. Burr Joseph D. Bariault William G. Moore Edward J. Schlachter John N. Wright Laurier M. Carpentier Dale E. Barlow Thomas S. Moore Donald J. Sobery David A. Young Delbert F. Carver Wylie D. Barnett M James E. Morrell William D. Spitler M Anthony W. Charlton Amy M. Berthouex Alexander E. Donald W. Stanek CLASS OF 1973 Robey A. Clark Garrett R. Bowden Naughton Herbert L. Steed % Donating: 11% Charles W. Cliburn M Gregory J. Brusberg Thomas B. O’Keefe William D. Sykes Number Donating: 40 John F. Colon Louis C. Chittenden Stephen P. Onuparik David H. Wangsness Total Gifts: $47,580 Michael F. Cortright Catherine W. Cooper Rodney D. Payne Arron P. Yung Average Gift: $1,190 Cindy Cotton Brady William O. Culbertson Michael D. Perren Michael D. Crotty Robert B. Cummins Lawrence D. Phillipps CLASS OF 1972 Leadership Donors Richard U. Denning Kate C. Daniel Walter S. Powers * % Donating: 15% Bernard Anderson William L. Devir Jane W. Dodson Nims Werner O. Prochaska Number Donating: 60 Richard J. Breit Carl R. Duisberg M Richard Dressler Jerome A. Raggett Jr. Total Gifts: $39,939 Harry Allyn Cockrell M Bruce J. Eberly Jim A. Fincher Richard S. Roberts Jr. Average Gift: $666 Thomas F. Greer Jr. Celeste F. Echlin Stephanie A. Fittschen Gerald G. Rosemas Jacobus Groot William E. Esch Robert D. Forbes Thomas B. Sanders Leadership Donors Bill T. Ling Donald T. Farrell Jr. R.K.Fricks Alban W. Schuele Robert T. Angle David H. Roberts M Bryan P. Fay Christopher C. Gaebe Gary V. Staggs Gary A. Brukardt Rondi E. Schaefer William B. Ford Michael T. Gaule Christopher C. Stahl M Soren K. Christensen Oestlien Martha Gilbert Alan P. Goode David S. Stein James W. Echle Donors Lamprecht Roger R. Harrison Gary D. Stiger Susan C. Hayes Henri J. Appy Jr. Roland W. Gillis Richard A. Clayton H. Stone John S. Hazelton Ruth I. Arnold Edward C. Gordon Hemmelgarn M William C. Thomson George L. Hiller Frederick H. Bruns Sandra M. Harrison James P. Hildebrandt Joseph N. Vaz Gary J. Matus Jerry D. Conner John Michael Haun John R. Kondos John A. Velasco Robert P. Mosier Gary G. Cram Barry L. Heimbigner Joseph R. Layton George A. Vergara G. Kelly O’Dea Peter M. Donahower Scott V. Hitchcock Jr. James L. Lovvorn Martin S. Vogt Donors Christian Febiger Julie Houk Goodrich Donald B. Loyd William C. Walker Claudio B. Altmann Mario O. Gho Mark E. Howard Gary F. Magnuson George A. Wenz Kris W. Anderson M John B. Hess Jr. James M. Howard Franklin H. Mann Charles A. Winter Clinton L. Arnoldus Santiago N. Hinojosa Gregory G. James Michael D. Margolis Edward C. Auble Jacques D. Kerrest Karen E. Johnson James R. Martin Jr. CLASS OF 1971 Morris A. Barkan Richard J. Kunz Wegert Sally K. McKey Dry % Donating: 18% William H. Barkell J.L. Lamprecht Gary H. Kakert Lynn E. McNeal Number Donating: 53 D. Bruce Blankenship David A. Love Paul E. Larson Bernard M. McPheely Total Gifts: $22,530 Carl M. Conney Ronald R. McDaniel Richard H. Lee Dean E. Morehead Average Gift: $425 Bruce A. Conti J.R.Meier Marikay Lee-Martinez Michael J. Morris George E. Cookman Gary G. Miller Francis E. Lewis William F. Muenster Leadership Donors Charles P. Emanuel Beverly M. Moschel M Fred H. Lissauer Robert J. Murray III William M. Coulter Gary J. Faysash Hirsekorn Nicholas R. Lubar David A. Nims Serge L. Dubois * Barton A. Francour Sinnathamby S. Roy V. McConkey III Anthony W. Olbrich M James G. Kohl Jr. William R. Grant Murugasu Norman E. McIntosh Jerry J. Ong John H. Latham Robert A. Hardwicke Alan G. Nordell M Terry L. McManus Brian P. Pinkstaff Mark E. O’Malley Herbert L. Harris Gary R. Olson Mary K. McMunn George A. Poe Carolyn K. O’Malley Terry S. Hart Ravi Parameswaran M.R.McReynolds Donna R. Pollack Shiraz F. Peera Jack N. Hays Bradley M. Roof John C. Melarkey Hershkopf Jack D. Taylor William H. Hermes Robert F. Rose Kent C. Mericle Gary L. Rippen William T. Walsh Gary L. Hogenson Gerry O. Sibley Richard L. Milliron Michel H. Rittenberg Donors John S. Spencer Bernard L. Murphy M David D. Rotchadl James C. Adamany Richard T. Taylor Michael D. Myers Peter B. Sargent Robert W. Adams Constantine T. Kenton M. Nakken M Thomas F. Schields Jr. Gerald Bednar Boldface: Indicates a donor Theodorou William Schlichter Jr. who has made consecutive Bruce D. Northrup Silas A. Belden contributions in 2004-2005 Dean Van Clay Ronald E. Pair Robert L. Smith Jr. Robert M. Betette Jr. and 2005-2006 Hal T. Walker M William N. Paty William F. Smith Charles E. Buchner M: Provides corporate Sandra Werth Kerrest Ann E. Pretz Faison Nancy N. Smith Eugene H. Castle Jr. matching gifts Gary A. Withall Patrick M. Rankin Paul J. Sullivan Lloyd L. Chester * Indicates donor is deceased Thomas C. Woodruff Mario G. Sabatini David B. Terrar investor report 27 alumni giving by class

Larry D. Ursich Barbara A. Silverman George P. van Hauke Wageningen Thomas C. Singleterry Marcia E. Vancil John Skelley leaving Thunderbird, what inspired me to Simmons Terry J. Sorgi Passion William G. Whitehead M Constance L. Thatcher she took a job in the go to Thunderbird.” Roque L. Willard James J. Tubridy for global James D. Wilson Irvin S. Varkonyi Latin American divi- Ironically, Sawyer David C. Votruba sion of Avon. Later, has more than one CLASS OF 1976 Thomas D. Wakefield career led % Donating: 15% Henry R. West she honed her direct Thunderbird in her Number Donating: 69 Steven G. Wezerek alumna to marketing skills in life. Her husband Total Gifts: $27,217 M Thomas P. Whalen Hispanic the banking and tele- was commander of Average Gift: $394 Thomas E. Zapp com industries. Wallace Air Force Leadership Donors CLASS OF 1977 marketing James K. Bruton Jr. % Donating: 17% When the booming Base, home of the Satjiv S. Chahil Number Donating: 110 HE FUTURE U.S. Hispanic popu- flying Thunderbirds. M Mark A. Emkes Total Gifts: $1,071,877 Kristin S. Proctor Average Gift: $9,744 career field of lation grabbed media She often led tours Michael W. Short Chrysanthe and marketing atten- of the Thunderbird M Cassandra D. Stiles Leadership Donors T Barlow M. Westcott II Steven H. Ganster Georges Sawyer ’81 tion in the 1990s, museum and attend- & Nancy C. Vanden- H. Mikel Halvorson did not even exist she decided to get ed ceremonies in the burg Westcott Thomas M. Harte Donors M Dale G. Kramer when she graduated back into cultural- Thunderbird hangar. Mark S. Abrams M Jack A. Lavin from Thunderbird. based marketing. In Sawyer has been a Mark P. Aledda Susan D. Libera Knust Larry A. Austin James M. McNamara Now, two decades 1997, she started a faithful donor to Eric Braun Lana McNamara later, Sawyer is on strategic marketing Thunderbird since Marion P. Brawley Knud H. Merckoll Gregory Buchai F. Francis Najafi marketing’s cutting consulting firm, 1983. “The main rea- Patricia Campbell M Barbara V. Rivera edge, specializing in Georges Marketing, son is that my edu- Montmorency Anthony M. Souza W. Britt Cobb Donors reaching the rapidly in Las Vegas. In just cation there was a Charles T. Collopy Jr. Farook Afsari growing market of three years, she grew fabulous experience Bruno J. Cornelio Jr. Janet L. Anderson Samuel K. Cotterell Skelley Hispanics in the it to a $4 million on many levels. George D. Crofts Lynn Ashley United States. business. In 2001, Being a graduate Kent W. Deitemeyer Beth E. Babich Robert C. English Barry R. Baldwin Carrying an under- she launched a opened many doors Pamela L. Faber T. Michael Bartley graduate degree in Hispanic division. for me throughout Victor R. Florian Susan S. Bauchman M Charles H. Fowler Cynthia J. Benci Gibbs Spanish literature, “It was great to go my career,” Sawyer Garry B. Gammon Peter L. Benziger Sawyer chose to back to something I says. “I want to give Katherine A. Gibson M Ralph G. Bernfeld Thomas E. Grady Vohs attend Thunderbird, was really passionate back to the School Linda A. Grandstaff Valdis Berzins sight unseen, to pur- about. Marketing to so that the experi- Lynnette Guzzino Sarah M. Blodgett Kirk D. Haws Segura sue her passion for U.S. Hispanics is dif- ence for future grad- Leanne H. Hill George D. Brill creating an interna- ferent than market- uates can be as posi- M Don H. Hiruo Carol A. Brittain Pamela S. Howard Jody U. Brown tional career focused ing to Latin America, tive as it was for Debra A. Hyman M Peter D. Browne on working with dif- so it’s been a lot of me.” Rebecca Judd Mark S. Bubar R. J. Kailey David M. Chicka ferent cultures. Upon fun and I got back to — Dena Braun Kurt J. Kaul James A. Cracco Edward K. Kimmel Richard C. Crossley Robert T. Kitamura Peter G. Dannerbeck M Rosser L. Mainwaring Maria C. DeMaio Mustafa F. Mamujee Warden Bryan D. Manning Daniel J. Donahue Sara L. Martin Baron Susan L. Duval Thomas M. McCaffrey Sidony M. Feldman Gayle M. Mester Stone Paul Miller Laura S. Freedman Robert W. Nagle Pedrick Maegene Nelson Miguel T. Friedlander Charles R. Nelson II Salvatore J. Galatioto Victor T. Nohl Jr. Thomas G. Hackim Robert T. Orr John K. Hager Adrian V. Popescu Gerald W. Hallett John P. Quinn Philip B. Hamilton Linda M. Russ Joseph J. Handly Perlstein Randy L. Hartshorn James K. Secunda Lewis H. Hitchcock Jr. William S. Hoglund Jr. Charles L. Irby Sandra A. Jenkins Boldface: Indicates a donor Siegfried M. Kiegerl who has made consecutive Craig O. Klopfleisch contributions in 2004-2005 Dale G. Kramer and 2005-2006 Jonathan E. Kranz M: Provides corporate George D. Krempley CHRYSANTHE GEORGES SAWYER ’81 compares a “Latin” market—Venice’s matching gifts Peter A. Lamb Rialto—to the U.S. Latino market, in which she now specializes. * Indicates donor is deceased Kathleen A. Larson

28 fall 2006 alumni giving by class

Thomas G. Lindahl Robert F. Cekuta CLASS OF 1979 Ann Parry Michael H. Guay M Delynn G. Linnett Alice F. Chang % Donating: 16% Laury B. Patwardhan Carolyn E. Gutbrod Eric M. Locke Peter D. Chang Number Donating: 101 Pat Patwardhan Jeanine E. Hartnett Linda Loe Lambert Michael C. Cirino Total Gifts: $37,037 M David W. Pinaire Robert L. Hier Ira S. London Nancy L. Clarke Average Gift: $367 Edward W. Pittman John R. Hill Glenn E. Long Gary C. Cochran J. Mark Polhemus Ann F. Honsa Salaber Julie Ludington Cynthia A. Cramer Leadership Donors John A. Pressler Renee J. Ingrassia William R. Macbeth Niemann M Ali M. Bahaj Jeffrey A. Prileson Ariens Craig W. MacDonald Alfred DeGemmis John C. Cook Robert M. Ramirez Lowell Jacobsen William C. Madison Debra M. Dereiko James R. Easter M Jonathan A. Resly Ingrid Jochem Pierre M. Mainguene Jon C. Dietz David Feld M Diane T. Resly Mayyasi Phillip M. Martineau Constance C. Dillon Thomas D. Hobson III Richard C. Row Muhannad W. Kamal James F. McCabe Teresa B. Easler M L. William Kirby Leslie D. Russick Shigeya Kato Kevin M. McLinden Karl V. Erdman Marianne McIlvain Pamela K. Ryan Carolyn Katterjohn Bobb A. Meckenstock Geoffrey A. Finch Spalding Anne P. Saunders Perry Alan J. Mellinger J. Jeffrey Fowlds M Nikolaus P. Tillmann Denis W. Schreiber James R. Kenley M Guy E. Michael Catherine French Donors Susan Shively Linda Ketchum Stephen M. Miller Lynn M. Garney Roger A. Abrajano Anderson Rodezno M Radoslav Mladineo Patricia E. Grana-Miller Jasna L. Baron Valerie Smith Maurer M Celena E. Kingman Martha Mohn Brady Greg T. Hansen Eric G. Baron Barbara J. Christopher P. George L. Norton James N. Hanson David A. Beals Stikeleather Pape Kornmayer George C. O’Keeffe M Pavel Hillel Barbara Bell Fletcher Martin E. Susz Charles F. La Fond Keith D. Olson Roderick N. Honstein Joan E. Bevans Alyce J. Tidball Tracey Lerch Ashok D. Patel Anne W. Honstein Wesley D. Bigler Sally L. Tischler Cantarutti Luis A. Rauld Steven L. Horton Michael E. Biller Blake K. Titrud Kennedy Lonam William J. Richoux Craig M. Howard Ted L. Bowling Gregory C. Topp Kent E. Lupberger Timothy P. Rickards James W. Hutchin Randolph W. Boyer Gianni Torti Thomas G. Malone M James D. Robinson IV Soonalyn R. Jacob Richard E. Bredenberg Jun Tsuchiya Karen B. Maloney Timothy L. Rowland Michael J. Johnson Thomas J. Brennan Jerry J. Watterworth Virginia L. Manzer Sally Rudd John F. Jones M William R. Browne Jennifer P. Woody Wendy Mason Hummel Jules H. Rudick Ronald L. Jones Robin K. Browne Gitlin Dietz Taryn A. Mason-Roos Thomas J. Ryan III Gregory R. Joslyn John C. Burditt Masakazu Yamagishi Susumu Matsuyama Janet D. Sam Peter M. Kalil Terry M. Bushman Bernard McCaskill M John R. Sample Lenore A. Kelly Donald J. Caldwell CLASS OF 1980 Robert P. Melcher M David A. Seavey Jeffrey F. Kindschuh Timothy J. Caverly % Donating: 16% Christopher E. Craig A. Shoots John P. Klecker Annette A. Cazenave Number Donating: 102 Mennone Robert G. Starks Masao Komiya Judith K. Cole Total Gifts: $27,966 Barbara M. Mertz Mark J. Steinborn Joy A. Kovaleski William W. Cone Average Gift: $274 Paul F. Meyer Karen A. Steiner Johnell J. Kusler M William J. Cooney III Richard E. Moore M Susan B. Stern Howard Lasser Vadim Fischer Leadership Donors Iqbal P. Nagji Browne Thomas W. Lau Maco S. Fowlkes Therese M. Miller David E. Netz James W. Stoeckel Timothy C. Lavelle Robert M. Franko Khoury Susan Newman Thomas L. Sumner Gregory L. Linker Rachel Geltman Susz Alexander I. Schwartz Spindler Thomas E. Sweetser Stephen L. Liston Douglas R. Gerber Michael K. Voris Karen S. Norelli John A. Taflan M Charles R. Loiselle Mounir I. Ghaly Gregory C. Wallace M Roseann E. Paciotti Max R. Tarbox D.J.Manners Lisa Gimelli Hilliard Lynda C. Webster M Alice N. Palmquist Timothy J. Taylor M Robert H. Mason Linda M. Grapengeter Kimberly H. Wiehl Terlecky Ann H. Teat Gallant Michele Matthews Hendrix Bruce G. Wilcox David R. Perry Javier G. Vasquez Coquis Russell B. Groen Donors Craig A. Peters Vicki L. Warren Ruth S. McCurdy Han-Beng Gunn Edmund M. Amaral Peter W. Prims W. Daniel Wilson Margaret A. McNiel Stephen D. Hall Valente Lauren M. Proctor Barbara C. Wilson Robert N. Meriwether Jane J. Hampson Niecy Armstrong Queralt Mary Ellen T. Young Jan Meriwether Berca Chambers Landa C. Robillard Shogo Miyamoto Michael D. Harris Robert G. Babson Lawrence F. Robinson CLASS OF 1978 Geralyn S. Morley Nancy S. Hartenstein John J. Baroni Dennis A. Roper % Donating: 18% Kathryn Palmer Ernst Roxana M. Bowgen Thomas J. Ross Number Donating: 101 Rathvon Mark C. Haslam Richard D. Boyles Constance A. Saldana Total Gifts: $47,112 Diana Perry Doyle James W. Hayes Jane E. Burglass M Steven Savoldelli Average Gift: $466 Michael Phelps Eric E. Herkens Freinberg Young T. Seo Jeffrey M. Pine Arthur F. Humphrey III Peter Buttross James J. Sheridan Leadership Donors Maureen Powers Eric R. Huvendick Joseph M. Callahan Mark F. Silverman Ali I. Al-Hedaithy Raghavendra Prasad Kenneth A. Jacuzzi John A. Cecil L. Taylor Simonin Ben S. Barnes Christina A. Ralicki Sharon R. Johnston James D. Chambers Dianne L. Slaydon M Phillip R. Cabrera Rufrano Julia A. Jonas Christian Charette Springer Mia Diekemper Theodore J. David K. Kastner Kristanne Connors George A. Sorenson Maddoux Rectenwald Jr. Kyoko I. Kent Pond Lindsey Stewart Hinds M Michael T. Dillon Lloyd R. Reeder Peter G. Lamberton Frank J. Corbishley Anita Sur Claricoates M Paul G. Gomez Philip J. Reh Robyn J. Lee Whitten Marie T. Dantier Birger M. Svendsen Michael J. Graham David L. Ryan C. H. Longmire Catherine P. DeLong Terrie J. Tannehill Wendy K. Graham William M. Sabin Kendra L. Mahoney David W. Dodson Julie A. Thoeny Craig G. McBurnett Joseph C. Schmieder M Mary J. Maly Susan L. Doerfler Lillian L. Tung Lum Thomas C. Reycraft Jo Ann Seager Jonathan J. Markell Messmer W. G. Van de Fliert Anne Armstrong Patrick J. Sinnott Masahiro Mashimo Jill Domosh Blasek Martha R. Von Swank Martha D. Stair C. N. McDermott Deborah C. Doyle Hillebrandt Donors Gibson Max E. McQueen William M. Eiffert M Anna B. Werner George A. Abreu M Catherine M. Stone Mohammed A. Mefleh Melanie A. Franko Susan L. Worsham Peter E. Asten Martha S. Uhlhorn Haamdan Yu Fukui Zohar Ziv A. L. Baltagi Thomas E. Waldorf M Richard L. Mohagen Ikebal S. Gill Elizabeth A. Barnes Stephen L. Warden Jr. Peggy A. Gitt Byron W. Battles Michele L. Way Stephen L. Munsell Steven P. Granger M Gail P. Beske Craig C. Weeks Martha I. Navar Shannon R. Greene Steven W. Bluth Heidi Winkelman Gentry Kalunian David L. Brothers Hammel J. William Nishnick Ellen Greenman James B. Bukowski Hiromi Yoshida Kathleen J. Needles Thomas A. Bullis Norderhaug Unnur M. Grondal Michael D. Byington Lee M. Norris Kornmayer investor report 29 alumni giving by class

CLASS OF 1981 Timothy P. Parish Donors Michael J. Haskell Edward H. % Donating: 15% Robert B. Pierce Jr. Mary L. Adams Samir A. Himani Ballentine Jr. Number Donating: 94 John D. Pruitt Oleksak Kurush J. Homayouni Maria Barton Total Gifts: $1,047,526 Javad Ra’ed Linda L. Aleshire Manfred P. Huebener M Frances B. Bast Average Gift: $11,144 Patricia Rayle DuBose Cynthia M. Allen Hofen Helen Huebener Nancy L. Bauer Douglas L. Red Mark A. Baker James W. Jackson III Egelhoff Leadership Donors Barbara R. Ryan Kimberly S. Barkdoll Matt J. Jarvinen Bonnie L. Berg M Frederick W. Adams William S. Schrom Mandel Jan Johnson Collett MacLaird M Nancy C. Adams Maryann Soo Engers M Shelley Bay Kendall W. Justice Fiona C. Black Knut Eriksen Charles N. Sturtevant Alan R. Beber Susan D. Kaufman Jackson Robert D. Farquharson Toshiya Sugiyama Tracy R. Berglund M David C. Kotheimer Jeffrey A. Bork Jill H. Gross Paul B. Taylor Curran Carolyn J. Kull Ann L. Breese Patricia Hambrick M Patrick A. Teague Francois M. Bogrand Strandberg M Elizabeth R. Brill Gilbert R. Khoury Steven J. Kutcher Lisa M. Brinkmann Deborah M. Kielty Linda M. Kwiatkowski- John H. Buzaid M Nona P. Niner Rafii Kim D. Carpenter Cherryl J. Peterman Andre R. Lavigne Frederick W. Cefalo Gerard H. Vehmeijer Walter T. Lee Jr. Scot A. Chamberlin Scott B. Walker M Leslie M. Lemonick Charles E. Clapp III M Jeffrey R. Wescott Larry R. Locke Timothy I. Cobb Donors Mark D. Mandel Philippe E. Crettex John D. Allen Top Five Classes by Ian C. McCluskey Randall W. Crow Abbey P. Alpern Paul D. McMullin Leslie A. Croy Donna M. Ambrose Dollar Amount Manuel F. Mejia-Aoun Tjerk De Ruiter Mary Beth Anthony James A. Methe Patrick H. Dessart Lindenmuth Class Total / Average Gift Elisabeth A. Miller G. S. Erickson Gary N. Ardrey 2005–2006 Fiscal Year Michael J. Moretti Jay A. Franz M David K. Baggs Ruth F. Moskowitz Jane L. Fridley de Bigit William A. Barnes Lavigne Christopher J. Glasow Barbara Bibas Ross D. Mushik Gregory G. Goff Montero Gerald A. Nagle M Gerald P. Hees Amanda M. Black Lise M. Ovregaard James C. Holcombe Ruta S. Bobelis Hain Caroline Hubbell Degesys Leigh A. Parker Walradt M Frances L. Bonham Polly A. Penney Kimberly G. Iriarte Judith M. Bresnen Linda A. Pierce Amico Carlos F. Iriarte Stetzler John W. Robinett Susan P. Irick Hacker James F. Busselberg Kevin J. Rohrer Janice C. Irwin Joan L. Caldwell Eulalia E. Sandoval Jahandar Jahanbani Matthew W. Camp Antoon M. Santegoeds Robert D. Johnson Pradip Chhadva Andrea B. Sargent Rita A. Keenan John W. Citti Angelika Schweibenz Nicola A. Klutho Lani E. Clark Bremer Bart Kohnhorst Robert S. Damsky Mary Ann Seabrook Nobuyuki Kondo Donald B. Dawson Bashaw Daniel J. Labrie Robert A. Dean III Emmanuel J. Séquin Sarah M. Lewis Teresa M. Demarie Robert M. Shearer Laura G. Lincoln M Ellen M. Dieringer Thomas W. Short Ponticaccia John T. Dunn 1977 1981. 1974 1982 1950 Daniel J. Skurski M Sara D. Lootens Olga Eldek Turcotte $ 1,086,677. $ 1,052,876. $ 90,242. $ 84,235. $ 59,264. David M. Snook M Robert H. Lopez Jacqueline C. Elias $ 9,744. $ 11,144. $ 1,001. $ 789. $ 2,963. M Mary Southworth Anna E. Maher-Jada Skaf Curran Martin A. Mahowald Michael G. Flynn Duane L. Standage M Kimberly S. Massey- Edwin S. Friendly III Sara Steinhilber Prock Catherine J. Garcia Cabirac Silvia McCarthy Ohler Chrysanthe Georges Lisa S. Templeton William A. Braun Jennifer L. Stevens Maureen C. McPhillips Sawyer Dean Lynn S. Brunner Joyner Rodolfo Mendizabal- M Mark Gilcrest James D. Thayer M Margaret P. Byers Sally H. Strunc Tapia Catherine R. Gordon Ricardo J. Torres Sarah Cahill Finnegan Brigid L. Triggs Todd H. Mesnik Richard A. Green Katherine S. Voth Lucien G. Canton Charles M. Vrtis Thomas K. Meyer Thomas A. Grimes Frances M. Wallace Frederick Caparoso Jr. Catherine M. Leslie H. Miller Joanne L. Grimes Robertson Carlos F. Carrasco Waterman Kim H. Mitchell Margaret Gumerlock Carlos L. Wark Edward J. Chidiac Ann M. Waxman Lopez Robert J. Mueller Thomas Deborah Y. Warner Robert T. Claiborne Nathanael W. Yang Terence E. Munson James A. Halderman Jasmine S. Warren Vladislav F. Colangelo Michael E. Yonker Elizabeth S. Olsen John C. Hay Lynn E. Wise Oliver Steven G. Crane Nancy L. Young Kelly Paige Derene R. Hinchliff Richard J. Wynne Paul T. Del Bel Amy T. Petersen M Mary L. Honda Enrique R. Zelaya Linda A. Dolgow Krull CLASS OF 1983 Kung-Khoon Quah Bette J. Jacques Barbara A. Zelaya Charles M. Dower % Donating: 15% Mary-Louise Quinn Hamilton David W. Zrostlik Stephen J. Doyle Number Donating: 97 Gregory L. Ratliff M Diane M. Janovsky Nancy A. Dupuy Total Gifts: $31,555 Mary E. Remmel Floyd E. Johnson CLASS OF 1982 Greenwood Average Gift: $325 Wohlleb Sharon Johnson % Donating: 15% Sol R. Dworkin Amelia M. Richardson Arnett Number Donating: 104 Scott J. Engers Leadership Donors M Gregory T. Rickard Kelly A. Karbon Total Gifts: $82,098 James S. Fleming William R. Halloran III Myrna L. Rodriguez Dennis G. King Average Gift: $789 M Amy E. Flood Artur J. Jotic Glori A. Rosenson Yoshimasa Kitajima Jack C. Fuller Adel F. Labib Stuart G. Roth Nancy L. Laxson Leadership Donors Alan M. Goodman Stephanie A. Martin Martha E. Ryan Highton Christopher John Jennifer Gregory Manuel Martinez Michelle E. Sahlin Ronald J. Malak Fussner Spencer R. Hall Lisa Moore Brayer Samuel J. Satchell Bruce C. Matzen David Hu Rex W. Hanby Lynn C. Vigar Martinez Charles H. Sawyer III M Alan L. McCrum Muzzafar Mirza Albert E. Hancock III Aubrey T. Walden Steven J. Schulte Julie L. Neitzel Elizabeth A. Palermo Sandra K. Hanover Donors Nancy Settergren Paluszek Jane M. Scheidecker Douglas G. Hansen Mead E. Arnovitz Ramoundos Ernfred M. Olsen M Jacques Tapiero Philip B. Hanson M Amy Ascher Linde William A. Sholten III Diana Owens Schrom Nancy Warner Trevino M Christopher A. Hargitt Maureen A. Spanier

30 fall 2006 alumni giving by class

Russell F. Stahlak Alfred L. Becklin Kathleen A. Heffernan John A. Quick CLASS OF 1985 Greg M. Stevenson Brady N. Benham Brown Thad D. Rasche % Donating: 16% Mary B. Sullivan Timothy P. Brockish Scott H. Heim M Leslie D. Ringle Number Donating: 118 Bruce G. Wachtel Beth Broomell Good Catherine Higgins Pennell Total Gifts: $23,980 Aubrey T. Walden Rosamond S. Brown Bradley Hildebrandt Lucy C. Roman de Average Gift: $203 Elani B. Walden Mark T. Brown Laurie A. Hosner Ruiter Ralph F. Walker Celia D. Brown Popovich Michael E. Rugala Leadership Donors Kenneth E. Wasylik III Karl B. Brown M William D. Jackson Joseph B. Ryan III James M. Bogin Barbara B. Rolf E. Burckhardt Bahij I. Jada James J. Sarosy Paul L. Brassard Whittenburg Gregory P. Buschmann Edward M. Jennings R. C. Schumann Marie G. Kissel William C. Wright Margaret T. Cadieux Douglas L. Johansen Deborah K. Seifert James M. Marzo Jeanne H. Yamamura Juan-Cruz Calleja Jay L. Leetham Munehisa Sekimoto Sherry Schmulling Cindy L. Carlson Peter O. Lehman Choung-shik Shim Bowden CLASS OF 1984 Stephan Katherine A. Lewis Suzanne J. Shook Donors % Donating: 14% Angelina Chan Sawyer Curtis J. Simpson Curtis L. Anderson Number Donating: 97 Campbell K. Chaney Marvin M. Maddox Jr. John G. Stringer Stephen H. Anthony Total Gifts: $16,955 Robert F. Clark Linda J. Magoon M Bart B. Tablante Jr. Julie A. Arnold Average Gift: $175 Mary E. Combs Bergin Elizabeth A. Manitsas H. G. Townsend III Fitzgerald Roger S. Conrad David B. McClellan Mary E. Ward Kelly R. Baker Leadership Donors Holly L. Daniels Randy V. McGraw Ernest F. Watts III Nancy L. Baldwin M Peter L. Boardman Douglas P. Deardorf Kim E. Metli Barbara A. Weckstein William K. Barnow M Colleen M. Foster Thomas H. Dory Hideaki Mizuno Gregory A. Weinberg Christopher K. Beebe Kathryn Dawn Maria R. Echeveste Lisa A. Mundt Thomas A. Whipple Peter A. Borgts Lindquist Franks Margaret E. Murtha Kymberly D. Wiggin Kees Bouwkamp M John S. Proctor Michael J. Farkas Cynthia Nilsen Eide Gwendolyn Y. Brockish Donors M Timothy C. Flinn Engquist Kyle J. Wilson Jacques Christopher R. Brown Rao R. Anand Gregory E. Franks Thomas E. O’Dea Daniela S. Bryan M Karen I. Anderson- Charles L. Freadhoff M Marcus M. Pennell III Lynda L. Buhlig Hardy Thomas J. Garrity Clarice J. Peters Boldface: Indicates a donor Valerie P. Carli Maria A. Arbulu W. Travis Good M Patricia R. Petersen who has made consecutive David G. Carlson Kimberley Atsalinos Ginger A. Gossen Daniel J. Popovich contributions in 2004-2005 Silvana I. Carmelino M Jack L. Backstrom Robert E. Grover Theresa M. Puchner and 2005-2006 Catherine A. Coburn Girin M. Barretto Regina T. Hartman Chaney M: Provides corporate matching gifts Andrew W. Cox Patricia A. Bechlem A G.Haynes William L. Queen Jr. * Indicates donor is deceased Adrienne A. Crowley Bleiman Michelle L. Quick L. T. Crowley

vision is that one day should have an Executive we will be able to opportunity, and that sees limit- ship knowledge everyone has views around the world as of the world with an less future couriers ship pack- immense value.” in global ages today,” he says. A fleeting moment “We’d like to be the at Global Reunion in shipping world courier of Shanghai two years of know- practical, customized ago reinforced knowledge for com- Espinal’s decision ledge panies, enterprises to work in a world and individuals.” without borders lejandro After receiving his and remain a global Espinal ’95 BS in product engi- courier of the Thun- Awants to be neering, the Colom- derbird message. the most well-known bian-born Espinal “I will always remem- delivery man in the worked in sales and ber it: we were 270 world. As president marketing for five alumni from 27 of Miami-based AF years before deciding countries,” he says. International, Inc., a to broaden his per- “Seeing everyone competitive intelli- spective by attending talking and sharing gence business with Thunderbird. The made me realize that networks in New experience led to ALEJANDRO ESPINAL ’95, member of the Global if the world could York, Washington manufacturing and Network Board, credits Thunderbird for giving him a only share this same D.C., Miami, Colom- international busi- vision of the world without borders. sense of respect for bia, India, Mexico, ness development Thunderbird change Network Board. and interest in others, China and Spain, positions in my career, it changed “Through Thunder- peace would become Espinal sees the mar- Colombia and the my life,” says Espinal, bird, I learned that the common denomi- ketplace as a virtual United States. who sits on the everyone has a nator of the world.” shipping ground. “My “Not only did Thunderbird Global space, everyone —Sally Clasen investor report 31 alumni giving by class

Hercules A. Dellas Richard W. Sherman Barbara J. Kleuskens Anne Beech Teresita Rodriguez Mark E. Deutschmann Candace L. Smith Peterson Arnvid R. Berntsen Doyle Laura G. Fazio Sheldon L. Snook Kim M. Koeller Nicholas M. Birchum M Douglas R. Sanders Cynthia R. Feltz Dana K. Sommer Lynn Koenig Trojahn N. J. Bock Repka M David L. Schisla Steffes Julia L. Stutheit M John B. Lamb William H. Braat Eun-Young Seo Esben Fiane Douglas T. Thayer Kris S. Larsen Michael E. Burrichter David C. Silberfeld Kevin E. Field Ellen R. Thompson Richard S. Levenson Lynne M. Byrne Maria H. Soldatos Vincent J. Fitzgerald Robert W. Thuss Jr. Eric G. Lynge Williams Veronica Somarriba Jr. James M. Totman William L. Magers Andre M. Cabrera Gerald W. Springer Matthew D. Fjeldsted John A. Warner Allison U. Main Virginia C. Carter Edward F. Stemple Gary Forbes M Thomas P. Waters III Josephine H. Marley May F. Cheong Soparvan Frode Foss-Skiftesvik Michael D. Wittenstein Consuelo M. Martinez Peter A. Chudy Suphamongkhon M Keelie E. Garbee Lisa R. Yancey-Jones Hiroki F. Masuda Catherine H. Coates Paul A. Sutherland Linda L. Gerlach Randi S. Yoder Leslie R. Mathis Michelle T. Connors Randy S. Szuch Carol A. Ghatak John P. Matthews IV Jones William H. Tiernay Jeffrey S. Gibbs CLASS OF 1986 M Loretta J. Mazzurana Kevin L. Cotten Antoine J. van Caloen M Brian A. Gierhart % Donating: 15% M William G. McColl Lori Courtney Dana M. Van Reeth Gary L. Greenberg Number Donating: 113 James W. McDonald McDougal Thorn Douglas A. Greenholz Total Gifts: $25,274 Phillip K. McMullen M Ann E. Craig Napoli Katrin E. Waples Theresa M. Gruber- Average Gift: $224 M Leonard J. McNally Robert F. Cranshaw Marcia J. Waugh Ta pso ba Leslie K. Meek Beatrice E. Cueto Carol B. Webster Laura A. Guerra Leadership Donors Thomas G. Miller Nicholas W. Deppen Lisa C. Wiemer M Kathleen M. Hallberg M John G. Andrews Dan C. Milne Daniel J. Domonoske Lillelund Jeffrey S. Hanson M Daniel J. Chen Mark D. Monson M James M. Dutkiewycz M Ann S. Wilson Paul W. Harper M Scott A. Gaynor Carrie C. Montague M Natalie A. Eisner Gail R. Wolf Orr Patricia A. Herbig Jimmy K. Laihad Stanny Beth L. Ellenby John Zetzman Jr. Alfred P. Hertzog M Gerald C. Law M Marie-Gabrielle Mark F. Evans David W. Holmes Mary Lynn Manning Morrison Mary K. Evans Monson CLASS OF 1988 Lisa J. Hotchkiss Nevitt Herman A. White Jr. David R. Neumann Cynthia L. Feinberg % Donating: 14% Arun K. Jaiswal Donors David P. Orr Pietro J. Fiore Number Donating: 101 Susan Janes-Johnson Edward A. Alazraqui Barbara J. Owens John C. Fonvielle Total Gifts: $44,504 Elizabeth A. Janota Delsee A. Altman Elizabeth A. Ozon-Wolf Evelyn D. Gashler Average Gift: $441 Robert G. Janssen David A. Bagley Thomas J. Parker Hagist M James F. Johnson Wilbur P. Bakker Schut Julie Pennington Kerry M. Giangobbe Leadership Donors Mark A. Johnson Nils H. Bastiansen Julie A. Peters Nancy S. Goldman Susan M. Aumack Suzanne S. Jones M Samuel C. Beatty Lauren M. Pisacane Fritz P. Grutzner Samuel S. Garvin Thomas Joski Russell H. Bennett Rosato Stephen E. Hall E. M. Gray Stephen C. Keach Julia W. Blagden Scot P. Pittman Monique E. Hanis John P. Gypton Elizabeth J. Kinch M James H. Boice III Lisa S. Probandt Britt Stephen Hargreaves Susan H. Loo Pattee Kerry King Heidi L. Brelsford John M. Robeck Daniel W. Hemminger Michael F. Richter Laurie G. Konwith Barnes M Eric Salmon Charles R. Hulac Martha Van Gelder Susan Krissinger Stephen W. Brock Mitsunari Sanda Stephen R. Jacques Rene A. von Trinchere Bradford G. Brooker Lee E. Sevison David C. Jenkins Rautenkranz Judith E. Leibholz Peter T. Burtness Laurie Ann Silberman Barbara Karmeinsky- Michele M. von Frankel Ed Camargo Pamela J. Sparkowski Traulsen Rautenkranz C. Day Lohmann Robert W. Caragher Kaminsky M Langford Keith III Donors Breitag Maritza M. Castro Brian T. Stanny Te-Hsin J. Keng George L. Alexakos Janet B. Markham Craig J. Cather M Jill E. Stockwell Whitney S. Kim Mary F. Allen Jon W. Marshall Christopher L. Chatten Michael J. Swerzbin Bjorn O. Kirchdorfer Toru Asano Anne E. Mathews John J. Chmielewski Joyce M. Takeda James R. Lazor Lakhdar S. Beghou Jean Maxey Cregan M Byron A. Church Victoria Thomas Woo-Sok Lee Hope N. Bigelow M Christopher J. Mayone Claron M. Cole Godfrey Mads Lillelund Pinkerton Susan A. McFarland Angela L. Colman Randi A. Tveitaraas Elizabeth C. Christian T. Blackwell Mona Mejac Knutson Chatten Jack MacGregor-Skinner Barbara M. Bolanos William P. Messenger Carol A. Cox Benjamin B. Williams Jeannie T. Martin Kagerer Alan B. Metzger Thomas A. Dageforde Harry L. Woosley III Harbottle James S. Bonfils Renee E. Meyer Gerald F. Dennig Claudia Worthington Peter D. Matlock Amanda F. Buschi Masserey Martin J. D’Luzansky Hess Anthony A. McKinney Bradley J. Camrud Michael K. Moore E. M. Domengeaux Howard B. Yeager Jr. Jeffrey W. Meyer Steven T. Carlson Gregory K. Moore Deborah K. Doupe Martha Yebra Bryant Christopher L. Myers Robert W. Courtney Thierry Moret Sarah L. Dove Hiroshi Nakata Christopher J. Duenow Benjamin L. Morin Michael L. Dulaney CLASS OF 1987 M Gregg R. Napoli Harold S. Edwards II William J. Mullane Kimberly D. Ely % Donating: 16% David G. Norton Sarah E. Eichinger Theresa P. Nidetz Lynn F. Erb Number Donating: 107 M William R. Norton III David A. Fairchild Douglas C. Nielson Raffaella B. Ettorre Total Gifts: $33,393 David L. Novick Laurie Fisher Mark J. Niland Eugene R. Fiamma Average Gift: $312 M Roland J. Obey Jr. Hundertmark Linda C. Nystrom Kristin M. Fish Katherine T. Ockels Curtis E. Fox Cynthia S. Parkanyi Paul S. Fitch Leadership Donors Aillinn M. Ogden Douglas H. Foy John C. Parrilli Jonathan A. Goodman William S. Bossany M Jeffry D. Patton Scott R. Gamble M Leslie Pembroke Lorrie D. Grainger Paul W. Bradley Diana K. Pecen Robert Garabo Sabrina M. Pettibone Abdo M Kathleen M. David J. Piccuta Dale E. Garrett Kathleen A. Phibbs Annette Hackman Goldammer-Copeland Michele Pieropan Jeffrey S. Gassner Pierz Radcliffe Phillip A. Lindow Philip A. Pittsford Nelson A. Gonzalez M John R. Pike J. W. Halloran M Elizabeth Moreland Robert E. Quast Gregory A. Good Ross A. Pollack Sally J. Ingram Coker Fiorillo James K. Raybourn Duane F. Haley Eduardo A. Ramirez Susan E. Jaap M Gigi L. Myung Janet E. Rhoades William J. Hannigan Maria E. Rico Jeffrey D. Jacob Roger D. Potdevin * Christopher P. Ritten Laura M. Hanssen Jane J. Rudov Linda S. Johnson Susan C. Scheller Elizabeth N. Harris Karen C. Ryan Jeffrey P. Johnson Arsht Deborah Howard Nancy Y. Saeed Ivanka L. Jotic Donors Boldface: Indicates a donor Jacob Sandy M. Sandler M Masaya Juge Julie A. Ashley who has made consecutive Jean M. Ingebritson M Mark H. Schmiedel Chris J. Karlin Robert F. Ballam contributions in 2004-2005 Smith John C. Schuldt Jr. Jonathan D. Katz Sarah J. Barker and 2005-2006 Melissa A. Isom Charles A. Segelhorst Ryu Kawamura Kristine Baumgart M: Provides corporate Deborah E. Jackson James T. Shelby David M. Keeble Grutzner matching gifts Graziano Sara K. Sheldon M Karen E. Keese John W. Beebe * Indicates donor is deceased Daniel W. Jones

32 fall 2006 alumni giving by class

M. R. Kelley Orillac Bruno Park CLASS OF 1989 M Niels H. Blok Joseph T. Kaplan James W. Kenney M David L. Payne % Donating: 13% Laurie D. Casey Paul F. Karlin Neal A. Kerr Jeffrey C. Peterson Number Donating: 94 Lynne Child Franceschi James R. Keese Lisa A. Kohlwes Timothy F. Popper Total Gifts: $42,001 Teresa M. Clarkson Georg A. Kirchgaesser Torgersen Reed C. Ramlow Average Gift: $447 Sorlie Jeffrey A. Kravetz Denise H. Kozlowski Ann M. Reilly Nancy M. Crispino Kelly A. Krhounek Jessica La Trobe P. Rey-Grobellet Leadership Donors Torrey M Joseph H. Kubicek Hynes Burros Lisa A. Bellm Ying Cui Ichun Lai M David R. Landry M Edward S. Riquelmy M Bret C. Dandoy Richard H. Dail Ann M. LaLonde B. T. Lemere Steven D. Schimmele Tracy L. Penwell William P. Dean Steven J. Landuyt Martyn E. Lindley Daniel H. Ketty Restis Deborah A. Elver Geir Lanesskog Frances G. Longest Schoonmaker M Cynthia Schwab- M Andrew F. Forbis Barney R. Lehrer Amy S. Lyndon M Judith A. Schulz Salem Pamela A. Frank Susan J. Levin Heidi S. Machuga Douglas S. Schulz M Anthony J. Van Gregrick A. Frey Joseph P. Lobo M Katherine E. Major Laura M. Segal Der Hoek Michael W. Garland James M. Marsico James L. Mapes- Kimberly L. Silver Donors Michael J. Gavigan Grace A. McConnell Pearson Bobbye L. Sims Jennifer L. Adams Maria G. Gesteland Keinath Michael R. Marhoefer Richard D. Sitarz Robson Patricia Gieseke Ryan Monica L. Mitre Lora L. Mazza Timothy R. Skelton Owen M. Appelman David W. Gilmore Peter C. Moon M Deea T. McBride M Mark A. Smock Gunter Arens Kristine L. Gordon Craig A. Mortensen David W. McCubbins Holly M. Snead Russell L. Ayers Bibler J. M. Mount Byrne P. McKenna Karen L. Soteco Valerie A. Barton Alan R. Hairabedian Samy A. Naguib M Julie M. Miller Robin W. St. Charles Kyllmann Stephen F. Hansen Tomohiro Naokawa Paul V. Miller Lynnsey A. Stevenson Christopher T. Renan Harari Jose L. Nicho Elizabeth A. Murray- M Michael J. Stirrat Batterman M Oystein Harsvik Kristin L. O’Leske Davis Janet R. Twomey Duane T. Bean Michael P. Hatch Katherine M. Ono Alan A. Musso Kenneth A. Valvur Gordon C. Bell Robin Hauser David F. Reed M Todd A. Myers Judd C. Wallenbrock Cynthia A. Bell Reynolds Charles N. Regan III Ruediger M. Nowag Megan I. Welch Alayo Julio M. Benitez Felipe A. Herrera Miriam S. Rich Jennie L. Oleksak Robert C. Wheeler Richard P. Benoit Diane B. Jakubowski Roy A. Rivera Gregory L. Olson Shawn L. Wilson M J. B. Blake Rodgers Elisabeth M. Joanez Laura D. Rose John P. Ordway Daniel S. Yamamoto Roland Bleckmann Mary C. Judson Polly P. Rowan

central/eastern helping local busi- Alumna Ukraine with a local- nesses grow and has found ly-owned consulting compete. For the last company that worked two years, she has a career with small and medi- worked on the BIZ- helping um-sized businesses. PRO project, which is “It gave me the dedicated to promot- Ukraine chance to learn the ing trade and invest- grow and language and to get ment in promising, hands-on regional non-traditional prosper experience and Ukraine industries, OST PEOPLE invaluable insight into such as information get an MBA the real business technology and furni- Mto make a environment,” says ture manufacturing. difference to their Zukoski. “On the Zukoski promotes the bottom line, but downside, I received program worldwide Courtney Zukoski ’96 a measly stipend through “Made in has used her Thun- meant to ensure a Ukraine” exhibitions derbird degree to ‘local’ lifestyle, had and investment make a difference by numerous deferred forums that focus on helping a country student loans and the emerging business rebuild itself. dubious honor of sin- opportunities for COURTNEY ZUKOWSKI ’96 fell in love with “I wasn’t willing to Ukraine during a two-year stint in the Peace Corps. gle-handedly skewing international and ‘pay my dues’ with a the starting salary domestic business stateside post in an myself in a position nomic development statistics of my partners. international organi- overseas,” Zukoski volunteer, the aim of Thunderbird graduat- Earlier this year, zation, but I didn’t says, who grew up as which was to foster ing class!” Zukoski celebrated have the regional an Army brat. “The Western-style busi- Despite the hard- paying off the first of experience or local Peace Corps seemed ness skills and prac- ships, Zukoski fell in her student loans by language skills to an ideal solution.” tices among locals. love with the country making her first successfully and She was assigned She spent most of and stayed in the donation to Thunder- independently plant to Ukraine as an eco- her two-year term in Ukraine to continue bird. — Dena Braun investor report 33 alumni giving by class

Kyle D. Sanders Thomas W. Akin Francois D. Henry Teresa L. Smith- Naoyuki Kurimoto Erika M. Schlomer Alyce G. Andrews Maria C. Hesse Dehesus Maggie Leonard- Fischer Caspar Appeldoorn Kevin J. Hinyub Jeffrey C. Stauber Valentini M Susan E. Schmidt Rebecca J. Baerveldt Paul H. Huibers Richard D. Steed Jr. M Aleksandra Lubavs Stephen H. Shepherd Sheila M. Baker Gujral Munehiro Inui Michael J. Stutman M David S. Luke Heihachiro Shoda Barry B. Banner Clare C. Jones Steven T. Syrmopoulos Nicholas M. Manuselis Thomas B. Siegman Luis A. Baralt Yasuo Kashiwagi Takenobu Tomihari Margaret E. Marcotte Sterling D. Smucker William J. Baroody III Andrew T. Kho Patricia A. Trosclair Michael J. McCarthy James S. Sorlie M Debra A. Belanger Renee Koch Eren E. Veral Andrew R. Melliger M Shirley A. Spiller Gert Bergmann Simmermon Joseph E. Viny Kathy K. Mendes Susan E. Stinnett Willem J. Bouwland Mark L. Kossler M Kurtis R. Wallin M Christine L. Messinger William R. Stoltz Fred L. Brader M Philip W. Loeper G. W. Warren Michael S. Mueller Chuan Teo Philip A. Broadus Mark C. Maliwauki J. A. Wicker Gordon D. Myers Theodore C. VerLee Eugenia K. Brooks Patrick J. McCormick Michael M. Yamada Kazuo Nakamura Paul G. White Alex K. Brown Beatrice H. McMillan Elizabeth A. Neidel Teresa E. Williams John C. Bugge M Mark A. Meanwell CLASS OF 1991 Layton Nancy P. Wilson Nocito Bradley A. Cole Karola-Insa Moeller % Donating: 13% Thomas T. Nootbaar Corinne R. Collie Paul W. Mortensen Number Donating: 119 Robert J. O’Keefe CLASS OF 1990 Gina C. Davis Haines Tucker D. Newberry Total Gifts: $18,272 Henry Panlibuton % Donating: 10% Francisco A. Espinosa Lynn M. Newton Average Gift: $154 Thomas M. Phillips Number Donating: 79 Cornelis J. Everaert Salenna W. Prince Glenn W. Pike Total Gifts: $13,860 Kelly E. Fish Thomas R. Quinn Leadership Donors Stacey Pilcher Average Gift: $175 David Flint Cynthia S. Reed M Randall L. Bollig Mary Popovich- Robert J. Fornatto McReynolds Robert J. Saum Mongrain Leadership Donors Carl T. Gardner Johan P. Ryne M Jeffrey E. Shopoff Roy D. Pringle Larry E. Allbaugh M Ellen H. Gilmore Rikia M. Saddy Donors Shirlee E. Quick A. Lance McInnes Felix Guimoye Sumio Saito Einar S. Amundsen Philip Reeker Per A. Selbekk Nancy L. Haggblade M Daniel T. Shanks Daniel D. Anderson Masami Robson Donors Davidson Catherine I. Sheldon M Christopher H. Miguel A. Rodriguez Shawn A. Abrams Molly S. Healy William B. Simmermon Andrews Terry M. Rosenbluth Kelvin E. Aist Thomas R. Healy Dag B. Slordahl Mark D. Appelbaum M Carol A. Rossidivito Robert W. Barnes Bettina A. Samper M Mark S. Bertrand Alfred Z. Sanders Daniel J. Black Lori B. Sandler Mark D. Bland M Carlos A. Sandoval Mary M. Brady Renuka M. Sastri Elizabeth J. Capdevila Mason M. Scherzer would have a global been actively grow- Lisa Kathryn Capel Kirsten L. Seaver Graduate Jones M Jayesh A. Shah perspective in busi- ing economically- Daniel J. Cardamone M Cyril P. Shaughnessy ness and be able to sound communities Joy M. Carey Staykoff III credits Deborah A. Chanen Dana D. Sheridan create prosperity,” at home. He is presi- Lynn M. Chappelear Christian E. Sprinkle School for Nichols says. dent of the board for M Wayne S. Chin George C. He has more than The Collaboration for Gregory T. Cooper Stathopoulos making Robert T. Cowan Nicholas Stefkovich prospered from that a New Century, Philip D. Cowan Lisa S. Tanen-La him into a Hugh F. Crafton Fontaine advice. Following his founded by Jerry John Crowell Sandra L. Tomlinson graduation, Nichols Colangelo, chairman Sally A. Darden Lisa E. Trousdale ‘citizen of Hudspeth Meredith L. Turner became a financial and CEO of the Nancy Davis Kho Douglas G. Turner the world’ advisor for Merrill Phoenix Suns, which Ann M. DeLaHunt Anthony Valentini Burniston Andrea K. Van Lynch & Co. before helps families rise Dennis A. Diokno Tonya M. Vincent eared in a becoming senior vice above poverty in M Rosemarie N. Dizon Catherine C. Wagner Michelle L. Douglas Kevin M. Wallace double-wide president with UBS, metro-Phoenix. His Bertil Duinhouwer Patrice S. Welden Fox Rtrailer on an where he manages philanthropic reach Richard J. Fisher Gregory J. Welling Jane F. Foody Andrews Chloe T. Wilson Oklahoma dirt farm, hundreds of millions extends to Thunder- Ann M. Freimuth Christophe J. Wollak Jerry Nichols ’97, of dollars in client bird, which Nichols Magnus J. Friberg Mark A. Wysocki David M. Furlong David A. Young understands that to wealth. “Thunderbird says he supports Glenn T. Gainer Mario A. Zaldivar achieve growth you allowed me to because of the James D. Galliher Mary Ann M. Gannon CLASS OF 1992 need to take a few leapfrog into becom- School’s reputation Heine % Donating: 11% risks. While working ing a citizen of the for pushing students Richard R. Gesteland Number Donating: 109 Thomas S. Gilluly Total Gifts: $44,252 as the Arizona coor- world,” he says of his beyond their own Shari C. Gold-Gomez Average Gift: $406 dinator for Sen. John 360-degree view of career comfort zone. Lynnette M. Gracey Louis J. Greif Leadership Donors McCain’s 1994 cam- management, which “Thunderbird Charles A. Hamilton M Diane E. Borden paign, he considered includes developing students are like Thayne W. Hardy Paul S. Hamlin Coreen D. Henry Michelle Y. Levesque law school, but an investment strategies no others,” he says. Pia Hilbert Robert J. Miller adjunct professor of for Fortune 500 “The norm for Thun- Stephanie A. Hollar Sarah Parker Graf M Samuel N. Paul II International Studies, clients across the derbirds is not the Hirohisa Isogawa Lynn Waunford-Brown Albert Celoza, sug- globe. usual norm. They are M Kathleen M. Jackson Marshall D. Welch III John H. Joosten Donors gested Nichols go to While Nichols unusally entrepre- Ole Jordal John Allan Thunderbird instead. helps generate finan- neurial, independent Katsuji Kato Hilary W. Allen Jr. Donna E. Kepley M David J. Alltop “He advised me to cial opportunities for and self-motivated.” John D. Krauss Dennis M. Andres get an MBA so I investors, he’s also —Sally Clasen Keith B. Krystek Carlos E. Arias

34 fall 2006 alumni giving by class

Tansel Avci Sarah L. Seeland Joan Barnola David R. King Brian E. Elsevier Bowen W. Banbury Daniel B. Selcow James T. Barringer Gail T. Kozeliski Geoffrey Gibbs Joan W. Bering Jacob T. Shaeffer Michael Z. Bergen Susanne G. Kuester M Shobha S. Giordano Kennedy M Lori E. Shea Sally Bernstein Samir Kumar Lilian M. Guazzelli Holly G. Berman Victor F. Simonyi Robert D. Blackburn Alisa A. Lopez Mark J. Hardt Jeffrey D. Brandeen Robert M. Smit Kathleen Boehmer Ian A. Lorimer Tracy T. Hare Katherine Brand- M Timothy M. St. George M Akiko Bristol M William W. Lowry Michael P. Hart Rachalski M Timothy J. Stegner Katherine A. Brucker John C. Lubin Lisa B. Haskell Grace D. Brown M Eric Von Steinwinder Gwen M. Buerkle M Jonathan C. Marcus Scott O. Hassler Randal L. Buness Lloyd C. Stevens Denninger Shirley A. Marinilli Erika R. Heim M Jill R. Casperson Richard S. Stovall Bonnie J. Cameron Christine T. Mattei Jennifer Hering Butler Cesar R. Chavez Gudjon S. Sverrisson Wells Karen McIntosh Kosuke Hiraiwa Patricia H. Chen Carl A. Swedberg Elizabeth Carr-Murphy Elizabeth McMullen Steven B. Hodges Charlisa C. Christian Jan W. van Oort James E. Craig Jr. Louis J. Mendes Daniel F. Holme Phyllis A. Chun Katrine Vange Keller David J. Dambro Zoe A. Meyer Weidong Huang Jessica J. Clark Ulf C. Vespermann Paige E. Dean Derek W. Miller Heather J. Johander- Tammy E. Corvin Luiz C. Villares Nicholas L. DeBiaso Brian T. Modoff Felt Steven K. Cullimore Bruno Warnotte M Bryan R. DeBroka Kari L. Morgenthaler M Craig E. Johnson Mannti C. Cummins Benjamin C. White III Magdalena S. Delgado Ruth E. Morris William D. Joy M Cekiel D. Danielson William J. Wilson Michael K. Devery Dorothee Neef Helen P. Kelly Paul S. Derksen Jay S. Wright Anwar R. El Ghonemy Jann M. Patterson Richard T. Kelly Jr. Theodore E. Devlin Frank R. Rhoades Jr. M Richard P. Kinkade Jr. Lloyd M. Diamond Steven C. Rice Junichi Kitayama Guy C. Enderle Hiroshi Sato Kelly M. Koch Allison K. Evanow Gina M. Savarese Suyapa Laboriel William A. Evanow Karen I. Schreiber Kathleen A. Langheck Lorne M. Fetzek David N. Serbin Amy F. Law Raley James R. Fink Top Five Classes by Christi L. Shewman Jodi M. Lederer James S. Fitzgibbon Jr. Carla C. Sinatra James V. Lehrer Asa M. Forsgren Snair M Theresa J. Smith Simon D. Leversha M Gary E. Freilich Percent Donating Steven J. Smith Angela G. Logan Jay Gangi Susan L. Stanley Jeffrey Lu Daryl M. Gilbertson 2005–2006 Fiscal Year Monica R. Stettler M Roy T. Ludwig Marc P. Gusinde Brozny Suzanne M. MacKay Melissa M. Hahn Petra L. Stoick Andrew L. Mazal M Lisa S. Harrison David M. Tully John C. McElwain Meisner Gabriel Uguet Billy E. McFarland Jr. Diana Iles Parker Thomas J. Utley Spencer P. Moody Amy Janzen Figueroa Tara A. Van Niman Kevin J. Murley Sabrina Johnson Gijs F. Van Thiel Diane L. Myers Jean-Pierre C. John Villamor Mark E. Myers Kabanda Katherine Vorenberg Tetsuji Nagata Sara E. Kelly Harvey Terry L. Wagemann Christopher E. M Elizabeth N. King Shelley M. Warner Nedelmann Theresa M. Kollath Craft Mindy L. Neubauer John M. Kolmer Thomas P. White Wong R. E. Koncaba David F. Wittenberg Nancy V. Nobles Price Eric J. Kufel Douglas C. Deirdre A. O’Connor Dilip A. Kulathum Zimmerman Krista B. Preble Mihoko Kushida Zachary W. Raley Isabelle Landi CLASS OF 1994 Kimberly A. Rhoades Diamond % Donating: 13% Sofia G. Rhodes Jason A. Lattin Number Donating: 109 Donald B. Rice 1956 1950 1948 1952 1953 Sylvia J. Lee Total Gifts: $24,432 M Paul J. Robinson Ashia Lee Derksen 33% 32% 32% 29% 26% Average Gift: $224 Jennifer S. Ruedy Brandi K. Lipton Kimberly G. Sabow Barbara Lopez-Belio Leadership Donors Fernando Sandoval John R. Lucas CLASS OF 1993 Sara A. Engber Daniel J. Casey John C. Sar Jose R. Marza % Donating: 12% Julia K. Fadness- Kellie H. Jarman Victoria L. Sarda Kimberly A. Marza Number Donating: 109 Grossman M Sara E. Lynn Raj Sardesh Alden B. McCall Total Gifts: $41,857 Patricia A. Faerber Heather L. Wise James R. Schneider Andrew D. McPhail Average Gift: $384 Klara J. Farkas Donors Feng-Kwei Sheu James F. Millikin Gregory W. Farris Maria D. Ballina Kathryn Simons Davis Matthew E. Minister Leadership Donors Carla Ferrante di Addo C. Barrows III M Elena O. Skvortsova Kirk K. Monroe Erik Beaumont Ruffano Edwards Todd A. Beallor Joshua D. Smith John P. Motz M Christine M. Doyle Edwin J. Ferrell Michael B. Benedict Matthew K. Snedden William B. Nadel Lisa H. Evans Tanya E. Ferrell Steven J. Berutti Barbara A. Spiering Kurt E. Nelson Thomas M. Evans Bradley R. Franzen Eric G. Bing Aaron R. Stewart David W. Newcomer V Julie M. Hocevar Jill G. Freer Riccardo J. Bisio Zeynep N. Taspinar David G. O’Keefe Hamlin Daniel J. Garber John V. Booth Timothy K. Tribbett Javier F. Ortiz John P. Kresky Jr. Katchen K. Gerig Christopher T. Burgess M William R. Van Lauren J. Pagenkopf M Mark P. Ramondt Richard M. Geyser Jose A. Cantu Witzenburg M Robert A. Peskin John S. Rizley Sari B. Gimbel Diane E. Carney-Hart Patrik Von Moos M John R. Peterson M John D. Stokes MAmy S. Havekost Wayne M. Chagnot Joseph F. Walker Cassy Ramsey Donors Craig T. Herdman Hsun-i B. Chen Yang Sally F. Warlick Erica A. Reitz Yahn Carla L. Ackley Diana G. Higgs Chuan-Liang R. Chung Hartmut Weissmann William S. Ryley Cravalho Andreas Hoefer Lane L. Cook Laura C. Wells Silke A. Schuler M Jennifer S. Ailes M Kyle G. Hranicky Eileen A. Creighton Alan C. Wheatley Ottinger Robert-Charles Kahn Alberto Y. Cruz Robin Wheeler Boldface: Indicates a donor M Antonio Alcazar M Kollyn D. Kanz Cara J. Culver Azqueta who has made consecutive Toribio Robert D. Kater Daniel B. Denofsky Brian R. Wilken contributions in 2004-2005 Elysabeth S. Alfano Peter A. Keller M Michele D. Dikeman Susan Wilkes and 2005-2006 John W. Alpaugh Peter G. Kelly Holly J. Edger McColough M: Provides corporate Erek C. Anderson Peter H. Kendrick Louisa B. Elder David S. Willcoxson matching gifts Jerrel Armstrong M Diane M. Kenna Lea A. Ellermeier Youming Ye * Indicates donor is deceased Vickie A. Austin Margaret J. Keteltas Nesbit Peter J. Yim investor report 35 alumni giving by class

CLASS OF 1995 Lonnie A. Power Eric R. Geis M Tommy P. Wang Michael P. Klein % Donating: 12% Margaret A. Raihl Barbara P. Goodman Max E. Ward Erik W. Kobayashi- Number Donating: 107 M George W. Randall Susan A. Grace- Paul W. Waterman Solomon Total Gifts: $21,450 Gerald S. Reimer Velarde William P. Watson Andrey M. Kuzyk Average Gift: $200 M Robert C. Rowe Gayle M. Grina Bennett Chantele L. White Elias J. Larach Neil A. Sainsbury- M Kurt Gusinde Thomas J. Whiteaker David J. Larijani Leadership Donors Carter M Julie C. Halde Stephen Wieland M Estela I. Lauricella- Meaghan L. Black Louis T. Sampson M Rieke K. Hankins Erika L. Wolfgram Thota M Jessica V. Caldwell Betty L. Schlothan Karen M. Hartnett Armistead Marion E. MacCollum Gregg Maya Schmid Alexine Hazarian Deahl Gary L. Woods Melanie J. Marks M Vean J. Gregg Samira Y. Showghi- Seth L. Hoffman Shu-Feng Zhang Alison K. Moats Andreina M. Jimenez McNeill Gi Ho Huh Courtney B. Zukoski Anna Maria K. Moore de Casey Andreas Sigl Steven J. Janusek Jerry L. Nichols M Luke E. Koons Maite A. Sobera Shawn C. Jarrett CLASS OF 1997 Keila K. O’Connor M Eileen N. Leonhardy Leboreiro Barrett C. Jenkins % Donating: 10% Michael D. Paxton M Christoph Muelbert Eric T. Stoen M Bonnie M. Kay Number Donating: 85 Brett G. Pomainville M Karl E. Schreiber Robert Tamburri Jr. Richard A. Kravit Total Gifts: $16,905 Mark R. Powers Amy E. Vorndran M Joshua A. Teweles Christina M. Kushner Average Gift: $199 Stephan A. Prechtel Donors Tyler R. Tholen M Jon R. Lazarow Anna M. Prunty Bryan P. Abboud Duffy Tobin R. M. Lee Leadership Donors Shunping Quan Whitney P. Allen Tab T. Tsukuda Catherine B. Lindner M Catalina E. Cisneros Karl E. Saimre Judson O. Bailey III J.W. B. Van Dyke Darrin S. Lindquist Weatherly Alvaro V. Sanson M Pamela J. Baker M Milo M. Vukelich Lynn J. Liu Michael R. Roman Elizabeth A. Bartlett Kathleen A. Wagner Jonathan C. Lutz Hecomovich Christine H. Schaefer Joanne M. Bartsch Youxin Wang M John A. Lyman M Robb B. McGregor Jason L. Schrott Gabriel E. Basualdo Jennifer A. Warner Michael J. Madden M Michael A. Roberts Lutz Seeger Maria C. Bayona M William M. Waskow Timothy Magnusson Donors Emiko Sekino Baldwin M Brett Beals Mark P. Wentley Lani G. Mah Annabelle L. Abba Peter A. Solomon Jr. David B. Benedict Dorote E. Weyers-Lucci Jeffrey R. Markley Brownell Gustavo G. Souza Karin M. Blair Gregory B. Wolters Nazar I. Massouh Anthony T. Alvarez Timothy M. Spence Kris A. Blue Morgan Devin E. Wright Franck Mathot M Stanley M. Aronow Ann L. Storck Michael T. Cheung Peter S. Wyles Isao Matsumura Kathleen P. Aurelio Hideaki Utsuki David K. Cho Christopher D. Zahn Brian E. May Hamilton Narciso R. Vivot Angela Colyvas Eugene P. McDonough Geoffrey M. Baum Susanna M. Webber Gary C. Covert CLASS OF 1996 Gwendolyn H. McNeil Bechir Ben-Said Erika A. Werne Amber S. Crowell % Donating: 14% Ann Meredith Carsten Brenker M Julie L. Wohluter Kelleher Number Donating: 134 Susan M. Miller M Kathryn C. Cardenas Fang Wu Valerie A. Del Perugia Total Gifts: $48,066 Michelle A. Mobley John T. Chambers Robert E. Edington Average Gift: $359 Yvonne M. Montanino Hsiu-Chin Chen CLASS OF 1998 John A. Ellison Robert J. Moore Stewart S. Clarke % Donating: 11% Thomas R. Fagerquist Leadership Donors Ramy Mora Richard H. Cord Jr. Number Donating: 102 Vayia G. Filios Patricia J. Glowacki George A. Moretz Jon G. Cox Total Gifts: $17,828 Endre Gall Naoyuki Honda Emily R. Moses Stefan H. Cushman Average Gift: $175 M Mary E. Grone Harris Eric W. Jillard Sherwood E. Neiss Katherine L. Doman- Chantal V. Haberman Catherine Johnson Amy C. Nemschoff Sheydayi Leadership Donors Frederick W. Hadlow Todd E. Judy Hellman Tracy Drummond R. Sean McConlogue Mark D. Haneke Meredith Peabody Kevin R. O’Brien M Mark D. Dullen Aaron M. McKee Joe R. Hendrickson M Hiroaki Sato Mark J. Oehrlein Erica Ferro M Angela Quinn Roberts Molonai T. Hola Nicole Seward Ruth D. Ofstedal M Shelley Y. Fleming Beatrice M. Reilley M Miah Homstad Armour Farquhar Martin J. O’Toole Thomas D. Fuller Donors Julie J. Hussey Christopher R. Watson Michelle W. Patel Francisco O. Galvan Doffou Y. Aka Heidi E. Iversen Donors Dawn R. Peterson Janet M. Garber Richard L. Austin Asif Jamal Pablo F. Adba Anna S. Porter Ackerman M Stephen C. Babb Dena H. Jasper Mauricio R. Alves Santiago Ramos- Leslie M. Garson Darcy J. Beeman M Kelly M. Killian Jay C. Austin Albritton Christian V. Gibbs Kenza Bennouna Doug Lacy-Roberts Albert D. Avina Ronald E. Reafs Satnam P. Gill Cardot M Jonathan P. Lake Amy Berardi Rodriges Paul J. Sacco Molly A. Glenn Cynthia M. Bohman Stephen A. Lindstrom Alves Kya Sainsbury-Carter Rene G. Gutierrez M Tonya L. Bowes Jonathan W. Lipsitz M Brian R. Bergholm M Deniz T. Sari Seung Youn Han M Dorothy A. Bozick M Katie A. Livingston- M Yves J. Berrezaie Lisa H. Schejola Christopher R. Frank A. Breitling Brock Amer Bourghol Renee B. Schelp Hannigan Christopher P. Browne Glenn Luckinbill Joerg Brenner Michael Schimmer Eric J. Henderson Jennifer A. Budacz Scott D. Lyle Jaime Brugal Ulrich Schneider Yusuke Higashi Lisa S. Budinger Adam C. Lynch James K. Brumfield Steven D. Schwantes Russell M. Hubbard Yelton Eduardo Magallanes Michael R. Burns Karin J. Shady Marianna Hynson Joao-Miguel A. Calil Geoff G. Martin Gregory A. Caldwell M Deirdra B. Singleton Steven P. Irvin Robert K. Chan Laura Matthews Kristen Calvert Julie R. Smith Lucie Jackson Luis P. Chavez Blanco Pomainville Rodrigo E. Catalan Gordon A. Smith Patrick A. Jeffrey Marcia A. Cheney Michael K. Mertz Ting I Chu Robin D. Snyder Robin E. Jenkins Cindy C. Cheung Alejandro Mirkow Wendy M. Cramer Philip A. Sotok Khatchig Jingirian Jr Kerry A. Connolly M Lisa R. Mitchell Stuart C. Darby Janice L. Stockon Michelle L. Johnson Shauna L. Conroy Liu M Clark A. Mitchell Larry L. Davis David D. Strain Charles G. Jory Michael S. Dalrymple Jose J. Morales Sandra C. Desourdy David J. Stremba Janet M. Joyce Volker Dammann James J. Morgan Jacob M. Dorn Anders A. Suarez Kristopher N. Kapoor Jeffrey A. Dicosola Jerry C. Morris M Bruce A. Edlund Lily Z. Sunkin Kevin H. Kennedy Guido Dori Timothy F. Morrissey David C. Eichorn Andrea Sutter- Pamela T. Kierein-Lee M Yingzi D. Du Donna E. Murphy Brett M. Farrell Feinberg Patrick M. Kiernan Shun Fan Samir Nangea David M. Ferro Julie G. Swanger Haim Ellen A. Kircher Lisette D. Figueroa Thomas R. Nun Otto K. Fischer M Valerie Sydney M Michael S. Fuller Stephanie A. Forsey Eugene A. Gargaro III Jeffrey D. O’Brien Benjamin F. Tew Boldface: Indicates a donor James H. O’Connor Gelfeld George A. Thomas who has made consecutive Ramelle L. Gilliland Perry E. Palma Gil Steven E. Frank Gregory S. Thompson contributions in 2004-2005 Jason E. Hamlin Michael C. Pascoe Christina M. Freeman Alicia M. Toth and 2005-2006 Charles T. Haskell Jr. Joseph M. Passalaqua Cristina Furusho- Claus Tropitzsch M: Provides corporate James A. Hayes Jr. Christine A. Petri Stremba Tracy L. Viers matching gifts Felix J. Hoffmann Hadlow Alberto J. Galofre Jacob K. Wallin * Indicates donor is deceased Becking

36 fall 2006 alumni giving by class

Tracey E. Horan Eric T. Mettemeyer CLASS OF 1999 Nestor E. Cubides Mina Osakabe Kathleen W. House Armando R. Mojica % Donating: 10% M Robert A. DiNardo Deva Panambur Mahan Porter J. O’Doherty Number Donating: 91 Julie L. Fitzpatrick Tami M. Peter Stacey W. Howard E. J. Omerza Total Gifts: $13,556 Jon D. Fry Eric K. Peter Danielle A. Hruby Maja A. Ormsby Average Gift: $149 M Arnaud Gadaix Elka B. Popova Jennifer D. Huber Julio M. Otalora Jiangyang Gan Jaideep R. Potnis Melvin W. Jackson III David H. Panzera Leadership Donors Amy L. Golden Ahmed I. Qureshi Kelli A. Johnson Timothy J. Penn Pierre T. Boldt Brenner Shang-Il Roh Lynne M. Kadela- Leandro J. Pereyra- Gonzalo A. de la Susan E. Good M Colleen M. Romero Siders Vera Melena Brigid H. Hassrick Roen J. Sant’Anna Julieann G. Kelly Kurt L. Pitzer M Jose I. Saez Seth D. Heine Ricardo A. Sarmiento Shanahan James E. Poulsen Donors Audrey M. Herz Lisa Shackelford Jeffrey C. Kottmeier Susanne Pratt- Pamesh K. Agrawal Kevin M. Ho Matthew A. Shriner Brian E. Kozeliski Toothman Jeffrey R. Akin Cara L. Iddings Matthew S. Smedley Kevin D. Kuhner Timothy M. Pyne M Melanie C. Alavi William J. Jacob Lauren E. Smith Melissa A. Kullander Sean A. Rach Daniel S. Albert Walter J. Joyce Chris E. Spetzler Irene E. Kuster Ellen S. Reed Christian T. Allred John North C. Kerr Bruce H. Tate McCann Laura Reisser M Frank M. Arlotti Benjamin J. Kman Laura L. Tocchet M Joseph M. La Muraglia Adam S. Rosenblatt M Sangeeta Bajaj M Thomas M. Kostal Yasuhiro Tomokuni Derek M. Lacks Jason M. Rothenberg LaForges Vipon Kumar Laurie R. Viault Carlos A. Laje Cynthia M. Runyan Joana R. Bekerman Julie K. Lerch Zhaolong Wang Russell Lane Timothy S. Ryerson Eva Berg-Winters Maria I. Lorza Kristin H. Weikel Nicole E. Larson Catherine A. Stanley Vishal Bharat Charles H. Lowe McClelland W. Wilcox Linsey B. Lebowitz M Andrew M. Strom Lucia Blatnicky John F. Marr Carter M. Wilcox Wen-sheng V. Lu M Alfonso Velosa III Jessica L. Boyd M Satomi Matsumoto Matthew A. Wilson Cyndi C. Mackell German F. Vives M Angie L. Boykin Kristin M. McArthur Paul W. Wilson M Tanja Maffei-Chan Dean D. Werner Christine M. Brack Ying S. McGuire MeiWah Wong Narayanan V. Mandala M Philippa J. Wheeler-Le Horacio Bravo Sean P. McKee Mark R. Wuscher Klaire A. Marino John H. Wilson Amanda H. Butler John E. Mendoza Elizabeth K. Yates Melita S. Marks Qiang Wu Xiao H. Chandler Mark J. Merifield Tamara I. Young William J. Matulka Mark W. Zafra Jie Cheng Maria C. Montero Edward F. Yu Katherine G. McDonald M Carla Zakhem Hassan Robert Y. Counce Kurt F. Neubauer Martha Zoglman Ann K. Merritt Gregory D. Zemaitis J. M. Crowe Julianne O’Dwyer

involved in the chap- Benefit of ter activities has School’s helped me meet more people, and I’ve network become friends with of alumni many of the T-birds in this area. At only gets Thunderbird there greater was always a huge emphasis on net- with time working. I didn’t get hough she lives it then, but I under- in Northville, stand it now and use TMich., Ellen it all the time.” Chang ’00 is never Native of Thailand, far away from Thun- Chang is currently derbird. As the the project manager Detroit Chapter coor- for Emerging Market dinator of Roving Sourcing and Imple- Dinners, she plans mentation at the Ford monthly international Motor Company. She ELLEN CHANG ’00, colorfully surrounded by the graffiti art in a Detroit get-togethers featur- is responsible for alleyway, travels the world as a project manager for the Ford Motor Company. ing different cuisines developing sourcing for more than 30 strategies and finding Ford, Chang put her vided me the oppor- because I spent half Thunderbirds who suppliers in emerging stamp on global busi- tunity to meet many of my time in gather on Tuesday markets that can ness with positions at interesting people Glendale and the nights for fellowship meet Ford’s stringent Thyssen Haniel around the world,” other in Archamps, and to talk business. requirements. Chang Logistics in Taiwan she said. “My experi- France. I made great “When I first also oversees the and Delphi Auto- ence at Thunderbird friends in both places moved to Michigan, I project awarded to motive Systems in was somewhat differ- and still keep in only had two friends,” those suppliers. Even Paris, France. ent from that of touch with them.” Chang says. “Being before arriving at “Thunderbird pro- many other students —Glenn Swain investor report 37 alumni giving by class

CLASS OF 2000 M Nicholas D. Posner Benjamin Lira Nunez Mark L. Millar Nicholas Maryol % Donating: 10% Evelyn C. Pratt Yi-Lung Liu Kenichi Minami Akira Menju Number Donating: 99 Carpenter Allan F. Maksymec Sangyoung Moon M Jackson Merchant Total Gifts: $14,916 Bonnie A. Pullen Randell W. Martin Donal T. Murphy Heath W. Norton Average Gift: $151 Marcela C. Revilla M Cynthia B. Martini Luis Nieto Marc Petznick Escudero Alejandro Mesa Takaaki Ogata Ricardo G. Perez Leadership Donors Alison L. Roberts Steven E. Moore William P. Patton Maria N. Piperova Christopher J. Benvindo T. Rodrigues Jason R. Nagler M Shing-Chi Poon Nan Qu Gowlland Pamela J. Rootkie Alberto Ortiz Sabino E. Rodriguez Lawrence M. Riddle Jr. Carolyn Goldman Brian J. Schmidly Carpinteyro Gaston E. Sandoval Jinqiang Shi Roberts Brian W. Schultz Jae-Hyun Park Angelo A. Scardullo Ekaterina A. Solovova M Jiang Yuan Julio A. Sepulveda M Yvonne Pichert Thomas E. Schneider Caio C. Schmidt Donors Elizondo Hubert Pilgerstorfer Rakesh Shah Seigo Tanaka Robert G. Allison Shaden M. Shawky Jason E. Popko Carol E. Sinnott James M. Thompson Kristi L. Allred M Sebastian L. Dennis H. Prechtel Tai Eui Song Jeremy Thornton Benjamin M. Szendzielorz Susan M. Quintin Srikanth Sundaram Christopher J. Armstrong Chin-Boo Tan Grant W. Repsher Yanfeng Tang Tindillier M Andrea Barrezueta M Fabio J. Teixeira Mark E. Rieper Kenneth M. Tousley M Pamela T. Tong Carlos P. Barroso Roshan Thomas Luis A. Salazar M Jill E. Tracy-Khoury Timothy C. Tsao M Jurg Baur Michele L. Thompson George C. Sales Wei-Lun Tseng Ingrid Von Burg Elizabeth A. Rodolfo P. Tomei Dominik F. Sumiko Tsuchiya- Hector H. Sierra Burlingame Marc T. Vander Elst Schlossstein Shimada Marisol Coriano Catherine M. Callaway Piyush J. Vora Jason L. Stevens M Manoj N. Vallam Virella Jose G. Cantu Danielle R. Voss Chelsey E. Stranik Otavio d. Vieira M Jamie Westrum Stone Sean E. Carpenter Julie C. Waldron Susan L. Talley Marc Will Carrie Wheeler M Jim Carroll French Craig A. Tenney Christoph Wulf Amy E. Wilson Ellen C. Chang Jeffrey J. Wartgow Jonathan Tratt Carrie A. Youngquist Melinda Yajko Kelly L. Chaplin M Brian D. Yates Lorenzo Valle Hui-Lin Chen M Xiaoli Zhang Dheeraj Verma CLASS OF 2003 CLASS OF 2004 Jenny Ying-Ju Chen Shouchun Zheng Nicholas H. Walker % Donating: 9% % Donating: 9% Szu-Ying Chen Ross A. Wilhelm Number Donating: 78 Number Donating: 76 Kailash Chhaya CLASS OF 2001 M Heung San Wong Total Gifts: $7,900 Total Gifts: $8,770 Carlos M. Cobian % Donating: 9% Eunkyeong A. Yu Average Gift: $101 Average Gift: $115 Lisa Colquitt-Munoz Number Donating: 76 Cynthia P. Cooper Total Gifts: $13,912 CLASS OF 2002 Leadership Donors Leadership Donors M Ginelle Cousins Average Gift: $183 % Donating: 8% Christian M. Bartsch Alfredo Gonzalez Lara M William M. Cousins Number Donating: 67 Karina Larsen Jennifer S. Kehl Henrique J. Cubillan Leadership Donors Total Gifts: $12,405 M Vikram Mangharam Kellie J. Kreiser Patrick Daily M Fredrik K. Carlegren Average Gift: $185 Donors Susmita Poddar Gennady A. Dikalov Santosh R. Chaturvedi Andres Amezquita Mayukh Poddar M Christopher A. Dixon Dominik K. Hess Leadership Donors Nicolas Angelici Sara Swain Cuma Gokhan Dogan M Kirk D. Hickey Julie C. Anderson Andrew L. Ashton Donors Meredith A. Fairbrook Jena L. Holtberg David W. Boggess William P. Avirett Adiel A. Avelar William A. French IV M Timothy P. Keller Lara J. Gardiner Jeffrey S. Boyd Steven C. Grazziella Gaona M Alexander Reznik Lenora Peppers Raymond B. Caldwell Baumgartner Christopher E. Chrisopher A Sada Greene Karen Centeno Nikola Boehm Gillespie Kevin Swiss Brett E. Grossman Julien Chauveau Ian M. Bolin Bruno C. Gorgatti Donors Dennis Hall Alan Y. Chiu Aaron J. Boyd Xiaobin Gu Allan B. Ackerman David L. Winter Shelley M. Collum Nina A. Camera Charlotte L. Hanley Patricia A. Bayless Donors Robb A. Corduck Norm Capistrano Melanie C. Hartman Alexandre Benites Antonio S. Calmon Eduardo O. Crepinsek Pei-Yi Cheng David L. Hinderliter Bret L. Benson Leite Shawna M. Desbois Christopher A. Corkery Lars E. Hoffmann Amy N. Bevis Lello Cantagallo M Joseph F. Dion M Chadwick D. Covey Joseph K. Hoskin Lynn L. Bischoff Eugenio J. Cardenas Andrew W. Dodenhoff Benjamin J. Davey Jason A. Huck Jon A. Bishop Martinez Kristof Dossche Yeolan F. Delapenha Karen J. Jacobsen Kristin M. Busse M Ian M. Cheng Michael B. Eckhardt M Daniel M. Dente M Alla P. Kamins Christopher C. Busse M Amy J. Clemons Arturo Encinas Andrew F. Dicello Vivan R. Kaul Dean A. Cantalupo Kormendy M Daniel P. Etulain Stephanie M. Evans Shinkwon Kim M Mary E. Carter Taub Richard M. Cohen Eric P. Frantzen Jens Garberding Andrew J. Kimbrough Taeil Chang M Aimee Cronfel Darren A. George Eric Gillies Karl R. Kleemeier Yen Yu Cheng Kelly C. Currie Min-Suk Hahn Anne Guignard Gabriel Kohn Marco A. Contreras Shari M. Diaz Heather C. Hammond Nikolaus Hagleitner Kristen M. Landry Aynsley P. Deluce Adrian S. Eshagh Hao He Chih-Wei Hung M Mark H. Leslie Peter W. Duffy M Kirsten R. Fuchs Aaron B. Heilbrun Takeo Ishii Qiang Li Susan K. Eagan Luis M. Garcia Eric M. Henley Shane C. Jacobs Andrew Liu Miles S. Fagerlie Alejandro Garcia Eric T. Kaufman Karyn M. James Kari K. Madsen Daily James L. Finnegan Cornu James L. Hasan Yannick Janssen Patrick J. Malto Richard L. Gottschall Gerardo Gomez Xiaowen Heurteux Ryan A. Johnson Flavio A. Manfredi M Heidi E. Groot M Barbara G. Byoung-Chul Kim Jae Min Kim Lebrao Navin Gupta Grzegrzolka M Jose M. Imaz Scott Kinkade Rebecca Marson Andre R. Gupta Jean-Julien Guillemot Abe Jacob Matthew A. Kohlman Anne E. McGarvey Jitendra Gupta Lin Guo Saravan Kandasamy Noriyuki Kuroda Worraker Victor L. Hoerst Nancy S. Gutterman Daniel Levy Chi Youn Lee M Robert C. McKelvey Katalin Horvath Edward G. Haase Melissa K. Levy Ying Lin M Katherine A. Miller McClure John D. Harmon Carole Low Marc Lingnau Kellen Sung Bin Im Mikito Hayashi Dongjun Lin Virginia Lipson Gabriela Montenegro Jorge L. Jacome Xiong Hua Lee-Mu Lu Lichun Liu Calderon Armida Yoshimune Ishii Gary K. Lue Ignacio Llaneza Pablo Mora Figueroa Christopher K. Jensen Gopi Jagannathan Michael P. Magers Jeffrey M. Mathers Carlos E. Moreno M John Kellett Corrie J. Johnson Carolyn Maloney Patrick M. McRae Ryan B. Muldoon Kristin S. M Iris Juan Huang Sergio Mankita James E. Montero Steven Nappi Kramersmeier David G. Lecompte M Jennifer L. Maren M Roxanne T. Nazari Peter Petrik Roberts J. Kukainis Sang Hoon Lee M Adrian E. Marinaro M Vivian Pacheco Piti Phungbunphra Anoop K. Kumar M E-Wen Liao Victor W. Martin Mina Pak Jesse R. Poole Alison Leo Rana Song Lin Magda Martinelli- Tucker Partel Teodor T. Popov M Muyi L. Li Tarek Z. Mango Torres Vratislav Paulik

38 fall 2006 alumni giving by class

James Perkins Giselle M. Schmitz Robert Pfeil Ai-Yun Sheng M Francesca Pierini Hisashi Sugimori Musto Dong-Geul Suh Yoshihiro Saito Joon Ho Sung Lisa J. Scheinkopf John F. Sweeney Matthias Schreblowski Antoine R. Trépant Adam Shanks Andrew N. Vuong David R. Shaw Michelle M. Ward Shannon G. Skaggs John D. Weinshank Rachel C. Smith Enrique R. Sosa CLASS OF 2006 Tribaldos % Donating: 24% Federico Spadea Number Donating: 64 M Megan Staley Total Gifts: $52,881 Greg C. Stolle Average Gift: $826 Wandae Sung M Natalia Tafur Leadership Donors Kentaro Toda Charles R. Shoumaker Manuel S. Trigueros Robert H. Owen Ladd Watts Donors Micah J. Wightman Gurbanali H. Alakbarov Kent S. Wong Abhijit Bhandari Xiaofeng Wu Elizabeth Bottomy Sen Yang Jordy Brazier Junguang Zeng Luke P. Brennan Pierre-Yves Brossard CLASS OF 2005 Jacqueline Brown % Donating: 9% Jarmei S. Chen Number Donating: 67 Mario Chiluisa Total Gifts: $5,409 Klara M. De Average Gift: $81 Temmerman NIKOLA BOEHM ’04 and classmate-fiancé Nikolaus Hagleitner ‘04 cruise back Gbemisola Disu into Newport Beach harbor after a sunny tour at sea in the boat of her mentor. Leadership Donors Sean G. Dougherty Luis E. Angulo Christopher Eddy from all the offices of people I met there,” M Richard I. Burnett Akilah Ellis Creation Dennis Kittrell Nicolas A. Eterovic Deutsche Post World says Boehm, who’s Brian M. McBride Evan Fochios Net. Currently, she’s engaged to Nikolaus Joanne Solomon Hirohisa Fujii of Janus Donors Michael Gabriel working on a cus- Hagleitner ’04. Abdullah Alghanim Cyrille Y. Gassian Scholar- tomer satisfaction In gratitude for Benjamin R. Andrews Gregory P. Giauque Jeffrey S. Arthur Adrian Gillette ship was program that she receiving continuing Martina Baletkova Renee M. Hammond says will make her student grants during Akhil Barasia Matthew J. Harker alumna’s Alexandre Bona Tzung-Han Ho company the first her time at Thun- Philippe Boujon Jaroslav Horvath offer of choice for many in derbird, Boehm Thomas P. Brennan Tsuyoshi Iwata the shipping industry. helped establish the Cheryl Chapnick Shreechand Jain gratitude Eun Ho Cho Daniel M. Kryzanowski “We’ve many differ- Janus Scholarship, John T. Clark Sharmistha Kshatriya Erika L. Dressler Olivier Kyc hile travel- ent nationalities in which is awarded to a Rebecca J. Eby Vivek Lodha ing around our office, and that student each term. Tamer M. Elkhosht Anne-Flore Maman the world as makes for a very “We wanted to get Brian T. Faulkner Eugene Miller W Fernando L. Ferrell Akihisa Minawa a senior consultant stimulating work T-birds into the habit Christine Goffinet Alejandro Montana Genevieve H. Gutierrez Ravi Mujumdar for Deutsche Post environment,” she of giving back to the Johann D. Harnoss Yuichiroh Murai World Net, Nikola says. “Also, no proj- School while they still Jeff M. Hobert Shimpei Muraoka Robert A. Holbrook Truong Anh Nguyen Boehm ’04 can count ect is like the last are there, as many Takahiko Honda Kanwaljitkaur on meeting fellow one, you never know students from outside Bruce M. James Ovindersingh Patrick F. Kennedy Ekaterina Pak Thunderbird gradu- what the next project the United States are Won Yong Kim Susan Pratt ates. “When I go to a brings, or where it not used to donating Satoru Kimura Michael M. Reidy Andrey V. Klepach Shalabh Sachdeva new country, I know I will take you.” to institutions where Rodrigo Laddaga Rebecca Sacher can always count on The fondest memo- they’ve been educat- Lopez Natosha Safo Michael L. LaLonde Jaime L. Schilling the T-bird network ries Boehm has of ed,” she says. Peter L. Lim Stuart H. Schuman there,” says Boehm, the School are asso- It’s not all work for Ding-Shiang Lung Richard R. Sklar Jerry Mathews Zachary A. Smith who is based in Fort ciated with the ethnic Boehm. She enjoys John W. McGuire Bjoern Sossong Lauderdale, Fla. “I food, drink, dance traveling without a Shinichiro Motoyama Xavier Stephan Mario J. Nagao Julie A. Syrmopoulos just have to call one and dress of regional map when sightsee- M Christopher M. Nyhan Samuel K. Tam of my friends. It’s a nights, a number of ing, simply going Sheila Oh Naotaka Toshimoto Fabio Pelliccione Stephanie Van great network of peo- which she helped to where the road takes Luis F. Pereira Coppenolle ple with a similar organize. “The time I her. “Relaxation,” she Anssi I. Pulkkinen Abraham G. Walker Ramanathan Ting-Hsuan Wang mindset.” spent at Thunderbird says, “is an art form Ramaswamy Seung H. Yoo Boehm works on was the best time of that must be prac- David J. Saldana Noureddine Zaoug Regula M. Schegg strategic projects my life, due to all the ticed to be perfect.” Laura M. Scherer with top management diverse, international —Glenn Swain investor report 39 other contributors

Kristin Boyd Gregory Heintz T IS NOT ONLY graduates who love Thunderbird Betty Bradford Michael J. Henley Mary E. Brenner M Paul B. Hermans and the ideals the School stands for. Thunderbird Ralph T. Brenner Irina Hinderliter is fortunate to have the strong support of friends, Barry J. Brunsman Inez Hollander-Lake I Lee Buckmaster Rita Hooper current students, faculty, staff and in-kind donors Paula Buckwalter Raymond Houle who believe so passionately in the School’s mission Susan Bukowski Jing Huang Linda M. Bullis Gloria J. Jackson that they place a priority on philanthropic support. Heidi M. Castle Gerald B. Jackson Leslie Chesser Greg Jacobsen We appreciate their generosity and recognize their Joseph G. Chisholm Gilbert Jimenez thoughtfulness, loyalty and stewardship. Tamara M. Christen Dale M. Johnson Susana M. Cobian Gillian Johnson Kathryn F. Cook Marian C. Johnson Michael Cook Dorna J. Jones Kathleen Crepinsek M Nancy H. Joyce Sandra L. Hecomovich Rajagopal Tatta Ke Cui Hylkia Kersten Friends John A. Henrickson Samir Issa Toubassy Susan Daliere Ok-Kyu Kim Gary K. & Jeanne William Webster Kathryn Datsopoulos Megan B. Kimball Leadership Donors Herberger Daryl F. & Louis Irene De Nigris Yoshie Kitajima Joan Ahrens Paul L. Hertenstein Arthur Weil III Thomas Debrowski Lucia Kohn M Lori Jane Andrews Billie P. Hoops M Diane O. Wittenberg & Gintaras E. Degesys Astrid P. Kolehmainen M Gloria Bahaj F. Richard Hsu David Minning Olga Dergunova John A. Kosiak Marian L. Banning Bill Keck Shirley A. Wick Alexander A. Desbois Axel Krayer Barbara M. & Craig Lisa Kittrell Judith Widing Ashley Devery Arden Kremenak Barrett Ann Iverson Eric Wise Joyce Dieda Monika H. Kroener Lode Beckers Daniel Jarman Anthony A. Yoseloff Marie E. Duenow Wayne Kullander John & Jean Berndt Elizabeth Kirby James F. Young Vanessa Dulaney Suresh Kumar John F. Burlingame * Susan B. Lavenson Marty Eagan Shirley Lampshire Michael Bleyzer Rosalie Lawrence Donors James P. Earls Tony LeDinh James D. Bowden April Lee Ellen Abelgard Berger Erickson * Ann Lewis Elizabeth Cabrera Joan & David Lincoln Lalit Ahuja Jorand Ewald Gareth Lewis Steve Church Guillermo Luksic Craig Emily J. B. Allred Diana B. Fahey Margarita Lindahl M Bernie Cooper & Virginia Prieto de Reem Alnusef Michael J. Feinberg Claudina Lo Valvo Cheryl Coulter Luksic Jeffrey S. Altman Sarah Ferrell Nancy Locke Douglas & Delphine Teresa E. McCaslin Alicia Amézquita de Barbara Ficklin May Kathy Lucas Daft Shannan McKee García Stephen P. Finn Cassandra A. Dick & Betsy DeVos James & Jean Katherine M. Anderson Barbara Fletcher Luckinbill Margarita Donnelly McClung Wayne C. Anderson Michael Fong Susan H. MacCachran Connie Duckworth Nancy A. McConlogue Dawn Armstrong Aldo Fozzati Margie McNeill T. Melville Engle David Minning Pamela Aronow Lynne Fricks Debra Manley Michiyo Echle Eunkyung Na-Voris Elizabeth L. Athey Philip Gallant Sean Marino Ann Feld Karen O’Dea Richard H. Baer M Kathryn Garson Edmund D. Marshall L. Richard & Elizabeth L. Roy & Marilyn Papp Asiel Baidussova Deirdre J. Gavigan Joshua D. Marson Flury James G. Parkel Heather Baker M William L. Gelfeld Doris E. Mason Dale D. Frehse Duane E. Parker Patricia H. Ballard Amy Leigh Giauque M Donna R. Massano Cyrus F. & Mitzi Kathie Propp Pernilla Baralt Mary Gilbaugh M John Mauk Freidheim Jr. M Bernard G. Rethore Sharon J. Barkan Johanna M. Gillies Paul D. Mazzurana Susan E. Fugelsang Patricia Rickard Cynthia Baumgartner M Meriwether Gilmore Mary A. May Richard J. & Charlyn Derek Roberts D. R. Belisle Robin L. Greif Teresa E. McCaslin Gallio Sarah H. Roberts Shirley A. Bentdahl Sabine Hairabedian Jon W. McGarity Rita P. Garvin Gary E. Robinette Paolo Bernardi Cynthia A. Halpern Allen T. McInnes M Vivi Goldsmith M Marc Salem Priti Bisaria Charlie Hamilton Kathryn McManus M Ronald L. & Sheila Pablo Schneider William Blasek Mary-Jo Hannigan Jim Mertz Goode Tracy Shoumaker Gloria Borja Marianne Hartshorn Janice S. Miller Lisa Guillermin Gable Jeannette Seward Rebecca L.M. Bork Lynn Haws Clint Mobley William D. Hacker, Richard B. & Alice C. Jon R. Bottorff M Jane Heath Terry Modoff Estate of Snell Stephen R. Bova Joan M. Heath Carolyn U. Moller Janet Halvorson Nanar Tabrizi Margaret Bower M Bruce D. Heilbrun Joseph H. Mongrain

40 fall 2006 Margaret Mordecai Jun Mochizuki Chris Morrison Students Karun Modi Faculty/ In-Kind John P. Murphy Alejandro Montana Karin Myers Abhishek Agarwal Vichan Mookachornpunt Oscar Neiras Gurbanali H. Alakbarov Jessica A. Moore Staff Donors Stephen Nesbit Maha N. Alattar Ravi Mujumdar Leadership Elysabeth S. Alfano ’93 Sara Neutzler Guillermo Alcazar Toribio Yuichiroh Murai John C. Beck Arizona Biltmore Kathryn Nix Monica A. Angeles Shimpei Muraoka David Bowen Arizona Cardinals John Nocito Abhijit Bhandari Amit A. Neelgar Ángel Cabrera Vickie A. Austin ’93 Kelly L. O’Connor Anshuman Bhargava Oscar Neiras Roy A. Herberger Jr. Daniela Stumpf Valery Oisteanu Kenneth J. Bieber Truong Anh Nguyen Mansour Javidan Bryan ’85 Mia K. Olson Elizabeth Bottomy Ivan Novakovski Kay L. Keck Mary E. Carter Taub ’01 Julianna Pagano Jordy Brazier Uday R. Nyaharkar Christopher S. Lee Sandra C. Desourdy ’96 Allan R. Page Luke P. Brennan Frederick O. Opere Joan Neice Egon Zehnder Russell J. Parkel Rebecca E. Brock David P. Ortwein Timothy Propp International Mary B. Parker Pierre-Yves Brossard Kanwaljitkaur William Voris, Estate of * Guy C. Enderle ’92 Larissa Pascoe Jacqueline Brown Ovindersingh Robert E. Widing Four Seasons Hotels and Juliana Pavageau Lee D. Bunch Ekaterina Pak Resorts Cary A. Peskin Georges H. Carlier Sujana A. Patel Donors Grand Canyon Railway M Page H. Peters Nitin Chauhan Michael J. Pigassou Josh Allen John D. Harmon ’02 Susan Peterson Jarmei S. Chen Susan Pratt Barbara L. Carpenter Eric J. Henderson ’97 Suzanne Pierce Mario Chiluisa Jonathan Rabinovitz Maria Dayley Ralph V. Hetzel ’68 Ana Luisa Pieropan Kenley Clark Ramanathan Ramaswamy Jennifer Demoney David L. Hinderliter ’00 Masumi T. Pike Harry B. Cockrell Thomas J. Randolph Roberta Duy Jaroslav Horvath ’06 Nancy Pi-Sunyer Shekinah R. Cohn Michael M. Reidy Petra Fitch Charles L. Johnston ’70 Kathie Propp Klara M. De Temmerman Joel C. Relova Dwight Grant Kristina M. Kiernan Sheila E. Quinlin William C. Denney Hector A. Robinson Nikolaus Hagleitner ’04 Bart Kohnhorst ’83 Juliette B. Qureshi Akhilesh Dhawan Payal Rohira Stacy Harker Ken Lambert ’77 M Richard W. Rachalski Kanwar Dhindsa Aleksandr Romanenko Steven M. Henderson Ding-Shiang Lung ’05 William R. Ralls Gbemisola Disu Benjamin S. Rouach Lew Howell Marion E. MacCollum ’97 M Barbara J. Ralston Pathik Pradeep Divate Shalabh Sachdeva Suzy Howell Melanie J. Marks ’97 Bethel Ann Randall Warren Donian Natosha Safo Linda S. Jensen Edmund D. Marshall Adriana Rincon Sean G. Dougherty Satoru Sakai Daniel L. Kingston Gary J. Matus ’72 Hassler Jorge F. Duque Gonzalez Jorge Sanchez Catherine A. King-Todd Michelle A. Mobley ’96 M Kevin R. Ray Amanda C. Eble Ajay Sasikumar Kellie J. Kreiser ’04 Elizabeth A. Neidel Keith Reiten Christopher Eddy James C. Sayno Karen Megivern Layton ’91 Joy K. Reynolds Peter Eliassen Jaime L. Schilling Frank Neville Tracy Lynn Penwell ’89 Linda Rice Akilah Ellis Stephanie A. Schlecht Terri A. Nissen Phoenix Mercury M Ian Rogoff Nicolas A. Eterovic Tina L. Schneller Diana L. Rittenhouse PianoOne LLC Jeremy P. Ross Cullen R. Evans Richard Schoener Barbara L. Rupp Télésonique Eugene A. Rostov Quint D. Fansler Wesley M. Schrock Barbara A. Stevenson Judd C. Wallenbrock ’88 M Judith Sanborn Linda Florio Stuart H. Schuman Anne Stringfellow Dean Warner ’57 John Santantoniou Evan Fochios Moumita Sen Kay Wood Chantele L. White ’96 Mikenzie Sari Hirohisa Fujii Jason Sheffield Beau Wilberding ’05 JoAnn Schisla Michael Gabriel Asmita Singh Zephyr Associates, Inc. Craig H. Schurr Cyrille Y. Gassian Martin Sisiak Carol A. Sharon James P. Geraghty Matthew S. Skelly Nadia Shifa Adrian Gillette Richard R. Sklar Cheryl Shoots Kimaya Girme Zachary A. Smith Gifts Caryn A. Short Creagh E. Goble Bjoern Sossong Marilyn Silverstein Christine Goffinet Xavier Stephan given in Rocio Simonyi Zachary Gottlieb Andrew F. Strider Tyler Smith Todd E. Gould Stephanie Swor memory Lawrence C. Snyder Adam L. Graves Samuel K. Tam Wayne G. Springer Renee M. Hammond Dhruv Taneja William W. Stevenson Tomerio L. Harris Kevin Tangney of… Carol Stewart David A. Heap Prashanti Tata Some of our alumni and Brent A. Stone Erendira P. Hernandez Amit Nanakram Tekwani friends are no longer with Fred J. Studer Tzung-Han Ho Scott A. Thompson us. Donors chose to Barbara Sumner Tsuyoshi Iwata Jonathan P. Toretta remember their relatives, M Harriet Swanson Shreechand Jain Naotaka Toshimoto classmates and friends Gregory Terlecky Loren Johnson Siddharth Trivellore with a memorial gift. We Tiana Tew Marc R. Johnson Stephanie Van offer our thanks to every- Grace G. Tiernay Tobin A. Joseph Coppenolle one who honored the Tania Tiquet Martinez Sanjeev P. Joshi Justin T. Vandegriff memory of those listed William C. Turner David G. Kelly Abraham G. Walker below. Yazmyne Vasquez-Erba Atif R. Khan Tiffany Walker Richard E. Vegso Kristina M. Kiernan Jorge A. Wall Ralph R. Bower ’50 Harriet Vos Grace H. Kim Ting-Hsuan Wang Madeleine Brenot Karen Waddell Daniel M. Kryzanowski Scott R. Winn James R. Brokken ’69 Margaret Wagner Sharmistha Kshatriya Wai Seng Wong Jorge L. Carrera ’51 G. Lloyd & Colleen Olivier Kyc Zachary Wyer Francis & Louise Gifford West Caroline M. LaBarre Takeshi Yamamoto Mary Kolehmainen Christian Wildmoser Balachander Xiaohong Yan Lambert ’77 Rosemary Whitcraft Lakshminarayan Seung H. Yoo Robert F. Robert Whittington Yujin Lee Akira Yoshikawa MacCachran ’48 Leah Wood Kendra Leischuck Noureddine Zaoug Charles H. Mannel Sr. Kelly Woods Ding-Shiang Lung Yuechen C. Zheng Adriana Tschinkel Long Yang Sneha Shyam Luthria Mikulla ’98 Anne-Flore Maman Frank F. Mordecai Sr. ’49 Suzanne Matson Danilo B. Pelho ’04 Juan C. Mazon Roger D. Potdevin ’87 April McKibban Boldface: Indicates a donor Ronald B. Repka Sandra P. Medina who has made consecutive Nathan Mee contributions in 2004-2005 Eli Mercer and 2005-2006 Chris Meservy M: Provides corporate Eugene Miller matching gifts Akihisa Minawa * Indicates donor is deceased investor report 41 volunteer leadership

Mr. Francis Najafi ’77 The Honorable William C. HUNDERBIRD’S VOLUNTEERS are vitally CEO Turner Pivotal Group Chairman and CEO important to the success of the School’s pro- Phoenix, AZ Argyle Atlantic grams and services. We thank and acknowledge Corporation T Mr. G. Kelly O’Dea ’72 Phoenix, AZ them for their selfless service on behalf of Thunder- Chairman/CEO AllianceHPL Worldwide Mr. Scott B. Walker ’81 bird, their considerable philanthropic support, and Weston, CT President & CEO their leadership and dedication. Their generosity — Billmatrix Corporation The Honorable L. Dallas, TX both of time and treasure — keeps Thunderbird Roy Papp President Mr. Craig Watson moving in the right direction during challenging and L. Roy Papp and Founder and Chief rewarding times. These individuals served July 1, 2005 Associates Executive Officer Phoenix, AZ Opti-Pay Technologies through June 30, 2006. LLC Mr. James G. Parkel Chicago, IL Past President *Mr. Gonzalo A. de la Dr. Ronald L. Goode AARP Mr. Louis A. Weil, III Board of Melena Jr. ’99 President Cornville, AZ President and CEO (Thunderbird Global The Goode Group (Retired) Trustees Network Ex-Officio) Dallas, TX Mr. William Post Central Newspapers, Inc. Emerging Domestic Chairman and CEO Scottsdale, AZ Markets Ventures, LLC Total Cash $2,998,332 Ms. Lisa Guillermin Gable Pinnacle West Capital Phoenix, AZ Participation Rate 58% Upperville, VA Corporation Ms. Kimberly Wiehl ’80 Number of Donors 22 Phoenix, AZ Secretary General Mr. Dick DeVos Mr. Michael R. The Berne Union President Sheikha Lubna Al Qasimi Hecomovich ’97 Mrs. Maribeth S. London, England The Windquest Group Minister of Economy President & CEO Rahe ’74 Grand Rapids, MI United Arab Emirates Global Marketing President and CEO Ms. Diane O. Wittenberg Abu Dhabi, United Arab Services Fort Washington President Mr. Jack E. Donnelly ’60 Emirates Paradise Valley, AZ Investment Advisors, California Climate Action President Inc. Registry Bailey & Donnelly Mrs. Barbara Barrett Mr. Merle A. Hinrichs ’65 Cincinnati, Ohio Los Angeles, CA Associates President and Chief Chairman Paradise Valley, AZ Executive Officer Global Sources Mr. Bernard G. Rethore Triple Creek Ranch Aberdeen, Hong Kong McDyre & Spendley, Ltd. Mr. Richard Flury Paradise Valley, AZ SAR Paradise Valley, AZ Chief Executive Officer (Retired) Mr. John Berndt Ms. Ann Iverson Mr. David H. Roberts ’73 Gas & Power for BP plc President (Retired) President Woodstock, VT Sidney, BC Canada Sprint International International Link, Inc. Plano, TX Carefree, AZ Mr. J. Kenneth Seward ’57 Mr. George N. Senior Vice President Fugelsang ’63 Dr. Ángel Cabrera Mr. Richard J. Lehmann (Retired) Chief Executive Officer President Paradise Valley, AZ Johnson & Higgins (Retired) Thunderbird, The Garvin Paradise Valley, AZ Dresdner Kleinwort School Mr. David C. Lincoln Benson North America of International Chairman Mr. Richard Snell Greenwich, CT Management Lincoln Laser Co. Chairman of the Board Glendale, AZ Phoenix, AZ Pinnacle West Capital Mr. Samuel S. Garvin ’88 Corporation Vice Chairman, Suns Mr. Douglas Daft Dr. Clara Lovett Phoenix, AZ Legacy Partners Chairman & CEO President Emerita, NAU The Phoenix Suns (Retired) Phoenix, AZ Mr. Samir I. Toubassy Phoenix, AZ The Coca-Cola Co. President Dr. James A. McClung Williamstown, MA Olayan Development Vice Chairman Corporation, Limited Charter Consulting, Inc. London, England Winnetka, IL

42 fall 2006 President Emeritus Mr. Barry J. Brunsman, Mr. Richard Gallio Ms. Teresa E. McCaslin Thun- E.D.M. (Chairman, Thunderbird Executive Vice President Dr. Roy A. Herberger, Jr. Associate Dean of Global Council) Human Resources and Phoenix, AZ Partner Learning Group Vice President Information Systems derbird McKinsey & Company (Retired) ContiGroup Companies, Minneapolis, MN 55402 Toyota Motor Sales Inc. Trustees Emeritus Global Bend, OR New York, NY Mr. Leon Chester ’71 Mr. John F. Burlingame* Council Senior Vice President Mr. Thomas F. Greer ’73 Mr. Gregory Stamford, CT (Retired) Chairman and Managing McDonald ’74 Total Cash $140,608 NCH Corporation Director President and Chief Mr. Robert H. Duckworth Participation Rate 100% Dallas, TX Enterprise Capital Marketing Officer Senior Advisor (Retired) Number of Donors 76 Corporation Limited (Retired) First Interstate Bank of Mr. John C. Cook ’79 Hong Kong, China Texaco, Inc. Arizona, N.A. Mr. Leavitt (Buzz) Ahrens, Director and Partner Greenwich, CT Paradise Valley, AZ Jr. ’66 WJ Hopper & Company, Mr. John A. Henrickson Senior Vice President, Ltd. Vice President (Retired) Mr. Jon McGarity Mr. Cyrus F. Freidheim, Jr. International (Retired) Huetten, Switzerland IBM Corporation President and Chief Chairman & CEO Rubbermaid, Inc. Scottsdale, AZ Executive Officer (Retired) Canton, GA Mr. Michael Cook EthiX Associates Chiquita Brands Vice President Ms. Aleana Hiles ’78 Scottsdale, AZ International Mr. Lalit Ahuja Wal-Mart Team Glen Carbon, IL Chicago, IL Managing Director Cadbury Adams USA LLC Mr. Allen T. McInnes Target Technology Bentonville, AR Mr. George L. Hiller ’72 (Past Chairman of Mr. Gary K. Herberger Services India Private International Trade Thunderbird Global Herberger Enterprises Limited Ms. Beatrice E. Cueto ’87 Consultant Council) Inc. Bangalore, India Senior Vice President — Richmond, VA Dean, Rawls College of Scottsdale, AZ Investments Business Mr. Wayne Anderson Salomon Smith Barney The Honorable Gloria J. Texas Tech University Mr. Joseph M. Klein ’47 Vice President of Public Miami, FL Jackson Lubbock, TX Pacific Palisades, CA Affairs (Retired) Honorary Consul RJR Nabsico Mr. Thomas A. Debrowski Consulate of Finland Mr. Donald J. McLane ’74 Mr. Edward V. Scottsdale, AZ Executive Vice President Mesa, AZ Senior Vice President O’Malley, Jr. Worldwide Operations Nordson Corporation Phoenix, AZ Mr. Carl Bach ’74 Mattel, Inc. Mr. Gilbert Jimenez Duluth, GA Executive Vice President El Segundo, CA Director Mr. John C. Pritzlaff, Jr.* ACE Global Solutions Arizona Department of The Honorable Clayton E. Santa Barbara, CA Philadelphia, PA Ms. Irene M. De Nigris Commerce McManaway ’59 Director State of Arizona (Past Chairman of Mr. James P. Simmons Mr. Richard H. Baer International Recruiting Phoenix, AZ Thunderbird Global James P. Simmons & Executive in Residence and Global Assignments Council) Associates, Inc. for Global Marketing Johnson & Johnson Mr. Bart Kohnhorst ’83 President Phoenix, AZ Thunderbird, The Garvin New Brunswick, NJ Principal Shamrock Consulting, School of International The Polders Group Inc. Mr. Daniel D. Management Mr. John S. Donnelly ’70 Plano, TX Greer, SC Witcher ’50* Scottsdale, AZ Chairman of the Board Kalamazoo, MI Grupo Zurich Mexico Mr. Dale G. Kramer ’77 Ms. Kathryn W. McManus Mr. Lode Beckers Mexico City, Mexico Group Vice President Director/Head of Network Chairman (Retired) CNN Japan Fellows LOBO n.v. Mr. Serge L. Dubois ’71* Performance Chemicals Atlanta, GA Brussels, Belgium President and Managing FERRO Corporation Mr. Edward M. Carson Director Cleveland, OH Mr. Larry K. Mellinger ’68 Chairman and CEO Mr. Michael Bleyzer BIA n/v/sa Financial Advisor (Retired) President and Chief Brussels, Belgium Monika H. Kroener, Ph.D. New York, NY First Interstate Bancorp Executive Officer President Beverly Hills, CA SigmaBleyzer Mr. Robert S. Eichfeld ’67 Crown Management Mr. Darin Narayana Houston, TX Managing Director and Bloomington, Inc. Chairman and Mr. Karl Eller Vice President (Retired) Bloomington, IN Co-Founder President Mr. Randall L. Bollig ’91 Citigroup ANSR Source Phoenix, AZ Director (Retired) New Hope, PA Mr. Eric J. Kufel ’92 Dallas, TX Intel Corporation President and Chief Mr. Robert Feagles ’51 Scottsdale, AZ Mr. J. Melville Engle Executive Officer Ms. Nona P. Niner ’81 Vero Beach, FL President and Chief The Kufel Group (Ex-Officio Thunderbird Ms. Diane E. Borden ’92 Executive Officer Phoenix, AZ Global Network) Mr. Robert McLellan Regional Vice President Dey, Inc. Vice President Sun City West, AZ Personal Lines Division Napa, CA Mr. Suresh Kumar Treasury and Securities AIU North America President and Chief Services Dr. Arthur L. Peterson Wilmington, DE Mr. Knut Ericksen ’81 Executive Officer JPMorgan Chase Bank, Sun City, CA Senior Vice President KaiZen Innovation N.A. Mr. Jon R. Bottorff NATCO Group Princeton, NJ Brooklyn, NY Dr. Mae Sue Talley Managing Director and Houston, TX Scottsdale, AZ Global Head Mr. Gareth Lewis Mr. George O’Keeffe ’77 ABS and Structured Ms. Diana B. Fahey Senior Vice President, President, North America Mr. C. William Verity, Jr. Bonds Vice President (Retired) Sales West Total Talent International, Former Secretary of HSBC Securities USA, Decision Resources, Inc. Hilti, Inc. Ltd. Commerce Inc. Newtonville, MA Tulsa, OK San Diego, CA Beufort, SC New York, NY Mr. Peter J. Fischler ’83 Mr. Gary J. Matus ’72 Mr. James G. Parkel Mr. Gary Brukardt ’74 Managing Director Managing Partner (Past Chairman of President and Chief Coast Asset Management Egon Zehnder Thunderbird Global Executive Officer Santa Monica, CA International Council) Renal Care Group, Inc. Los Angeles, CA Cornville, AZ Nashville, TN Aldo Fozzati, Ph.D. Member of the Advisory Mr. Russ J. Parkel Board and Managing Executive Vice President, Director Group Director Citicorp Venture Capital, Saatchi & Saatchi Ltd. Company * Deceased Wiesbaden, Germany Sherman, CT investor report 43 volunteer leadership

Mr. William R. Ralls Mr. Jacques Tapiero ’82 Christian Wildmoser, Mr. Henry Kay Mr. Stephen Rizley ’93 Chief Executive Officer President Ph.D. Vice President, Vice President and Ralls Consulting Group Intercontinental Region Managing Director International Marketing General Manager Okemos, MI Eli Lilly and Company CVC Capital Partners Meadox and Medi-tech Cox Communications Indianapolis, IN Switzerland GmbH Divisions Phoenix, AZ Mr. Bernard G. Rethore Zurich, Switzerland Boston Scientific (Past Chairman of Mr. Raj Tatta Corporation Mr. Scott Spangler Thunderbird Global Senior Relationship Ms. Heather Wise ’94 Natick, MA Chairman Council) Partner Riverside, CT Chemonics International McDyre & Spendley, Ltd. Human Resources Mr. D. Larry Kroh ’69 Phoenix, AZ Scottsdale, AZ Services Practice Mr. James Young Organizational PricewaterhouseCoopers Chairman Consultant Mr. David H. Roberts ’73 LLP Teleportec, Inc The Merger Solution, LLC (Past Chairman of Florham Park, NJ Dallas, TX Los Gatos, CA Thunderbird Global Council) Mr. Jack Taylor ’71 Mr. Tony LeDinh Woodstock, VT Chief Executive Officer Associate Members Vice President, and Owner International Affairs Mr. Kevin Rohrer ’82 Intex Group Mr. Satjiv Chahil ’76 Siemens Building Founder and President Glendale, CA Senior Vice President Technologies, Inc. Matex Technologies Global Marketing Buffalo Grove, IL Tsuen Wan N.T., Hong Mr. Anthony J. van der Hewlett-Packard Kong Hoek ’89 Palo Alto, CA Mr. Chris J. Matlon ’66 Director, Strategy and Director Mr. Eugene A. Rostov Business Solutions Mr. Carl J. Deddens ’81 Bulgarian American Partner The Wal-Mart Global Managing Director Enterprise Fund Baker & McKenzie LLP Account Team LoftusGroup LLC Avon, CO Miami, FL The Coca-Cola Company Maplewood, NJ Atlanta, GA Mr. Michael L. Meyer ’82 Mr. John Santantoniou Mr. Theodore J. Fuller ’72 Vice President, Human President and Managing Mr. Keith W. Waitt Director (Retired) Resources Director Managing Director Johnson & Higgins Medical Products Group Invensys Controls Europe Global Risk Training and Incline Village, NV Abbott International Geneva, Switzerland Development Abbott Park, IL Citigroup Mr. Miles R. Greer ’75 Mr. Thomas Sattelberger New York, NY Wheaton, IL Mr. Nick Renna ’72 Member, Executive Board Vice President and Continental AG Mr. G. Lloyd West Mr. Thomas O. Harbison Director Hannover, Germany Executive Vice President Chairman International Trade LightSPEED ClientLogic Corporation Finance Mr. Pablo Schneider Technologies, Inc. Dallas, TX U.S. Division Executive Vice President Tualatin, OR Toronto Dominion Bank Fusion Mobile Dallas, TX Richardson, TX

Mr. Craig H. Schurr Senior Vice President Manager Global Trade and Treasury National City Bank Cleveland, OH

Mr. Douglas H. Short III ’75 President and Chief Donor Growth Executive Officer American Express Alumni Non-alumni individual gifts Salt Lake City, UT

Mr. Michael W. Short ’76 President and Chief Executive Officer (Retired) AXA Insurance Holding Company, Ltd. Tokyo, Japan

Mr. Gordon A. Smith ’96 President U.S. Consumer Card Services Group American Express New York, NY

Mr. Fred Studer Vice President ERP applications Marketing Oracle Corporation Redwood Shores, CA

Mr. Martin Susz ’79 Partner 2001–02 2002–03 2003–04 2004–05 2005–06 Euro RSCG Worldwide 3930 3962 5777 5047 4436 New York, NY

44 fall 2006 volunteer leadership

Andrew Kimbrough ’00 Oscar Guajardo Walsh, ’00 Thunderbird Global Network Vice President President Deutsche Bank Global General Manager Markets Integrated Logistics Board 2006 London, UK Solutions SA de CV Monterrey, Mexico Lawrence Masle ’94 HE THUNDERBIRD Global Network consists Managing Director, Asia Pacific Council of more than 150 chapters, three Regional Global Business Advisors Netherlands Paul Bradley ’87 TCouncils, and a governing Global Network Managing Director Maria Soldatos ’87 IDS Logistics Board. Their role is to set policy and create services Vice President International and programs beneficial to Thunderbird alumni. Trust Officer Singapore, Singapore Barclays Bank These T-bird alumni not only contribute financially, Geneva, Switzerland Rich Brubaker ’01 China Strategic but also give significant amounts of time and energy. Rene Van Baardewijk ’91 Development Partners We thank those outstanding and generous alumni for Rebain Int’l Shanghai, China Barcelona, Spain their important contributions. Daniel Casey ’94 Latin America Council President/General Manager Regional Council Khatchig Jingirian ’97 Patty Trosclair ’90 Carlos Alvarado ’02 James Hardie Philippines, Representatives Owner San Francisco, CA Business Development Inc. Jingirian Chapter Manager Fort Bonifacio, Philippines Kevin J. Rohrer ’82 San Francisco, CA CEO/Founder Grupo Prodensa Asia Pacific Council Management Consultant/ Garza Garcia, Mexico Soparvan Founder and President Michael Muth ’86 Executive & Life Coach Suphamongkhon ’87 Matex Technologies Intl. Business San Rafael, CA Robert Cackett ’68 (Nook Chantha) Hong Kong Development Executive President Managing Director Global American MeiWah Wong ’99 Uniseguros C.A. Bangkok, Thailand Cathe Johnson ’96 Technology Alliances Southern California Ecuador Asia Pacific Council Chicago, IL Chapters Robert Greenfield ’82 Director of Human CEO/COO Arturo Gonzalez Cosio ’87 Director, Sales & Business Resources, Asia Pacific, Julianne O’Dwyer ’99 Ziva International, Inc. Managing Director Cadcorp PTY Limited Middle East and Africa Business Development Culver City, CA Expresion Extrategica Sydney, Australia Abbott Laboratories Logical Exchange LLC Mexico City, Mexico Tokyo, Japan Denver, CO Peter Petrik ’00 Cathe Johnson ’96 Texas Chapters Gonzalo de la Melena ’99 Vice President Sandra Desourdy ’96 Lisa (Capel) Jones ’91 Business Development Emerging Domestic Governance EMEA Council Vice President The Mitas Group Markets Ventures, LLC Director of Human Finance and Operations Membership Director Grand Prairie, TX Phoenix, AZ Resources, Asia Pacific, Manager Anthem Golf and Country Middle East and Africa VinUS, Incorporated Club Kathleen Langheck ’94 Alejandro Espinal ’95 Abbott Laboratories Worchester, MA Anthem, AZ Washington, D.C. Chapter Executive Vice President Tokyo, Japan President José Saez ’99 Peter Solomon ’97 Jennifer Warner ’95 AF International Curtis Kovach ’91 EMEA Council President Chicago Chapter Miami, FL Managing Director EMEA BDM Mobility Solomon Networks Conduit Operations Kingsworld Management Intel Corp. Redmond, WA Manager/ Director Alejandro Jaime Marti (Singapore) Pte. Ltd. Madrid, SPAIN Société Générale Bolanos Cacho ’00 Singapore Top Chapter Chicago, IL Senior Manager for Alejandro Espinal ’95 Representatives Business Development Sahil Mahajan ’92 Latin America Council John Chambers ’97 GE Capital CEO President Janet Ackerman ’97 Tokyo, Japan Chapter Mexico City, Mexico Self-employed AF International Atlanta, GA Chapter Look Consulting Group New Delhi, India Miami, FL Director of International Tokyo, Japan Ian McCluskey ’82 Marketing/Development Coral Gables, FL Alex Ng ’95 Members at Large Shop’N Chek Worldwide Europe Middle East Vice President Task Forces Atlanta, GA Africa (EMEA) Council Gerardo Mendoza ’02 Regional Manager — Asia Nona Niner ’81 Engineering & Customer Oasis Corporation President Carlos Alvarado ’02 Kevin Cowan ’98 Satisfaction Hong Kong VP, JPMorgan Worldwide Monterrey, Mexico President Delphi Corporation Securities Services Chapter Assistant Director Sao Paulo, Brazil Kevin J. Rohrer ’82 JPMorgan Chase Bank, Business Development Partnerships UK Founder and President N.A. Manager London, UK Kristine Elaine Menn ’91 Matex Technologies New York, NY Grupo Prodensa Professor of Cross- Hong Kong Garza Garcia, Mexico Andrijana Culjak ’99 Cultural Communication David Boggess ’02 Croatia and English Sumiko Tsuchiya- Director, Strategy & Ingrid Von Burg ’03 USP – Universidade of Shimada ’02 Analysis New York, NY Chapter Sandra Desourdy ’96 Sao Paulo & Cross- Supervisor Incentive Logic, Inc. Senior Consultant Finance and Operations Cultural Consultant ChuoAoyama Scottsdale, AZ Acumen Solutions Manager Sao Paulo, Brazil PricewaterhouseCoopers New York, NY VinUS, Incorporated Tokyo, Japan Fredrik Carlegren ’01 Worchester, MA Surse Pierpoint ’84 Marketing Manager Chris Sprinkle ’91 General Manager John D. Trueblood ’90 IBM Phoenix, AZ Chapter Nils Ellingsen ’81 Colon Import and Export, President New York, NY Program Manager General Manager S.A. Director, Finance Projects Raytheon Missile Systems Fjord Aker AS Panama Pfizer Japan, Inc. Gonzalo de la Melena ’99 Tucson, AZ Norway Tokyo, Japan Board of Trustees Alfonso Esquer-Rivas ’00 Member Robert Garabo ’88 San Pedro Garza Garcia, Philip Xiao ’91 Emerging Domestic Foote Cone & Belding Mexico CEO Markets Ventures, LLC Corso Europa Profex Inc. Phoenix, AZ Milan, Italy Shanghai, China investor report 45 volunteer leadership

Hartford / Springfield, Los Angeles, California Connecticut Ivan J. Diaz ’99 Chapter Leaders Mary Anne U. Cleary ’93 Nancy S. Gutterman ’02 Stacey L. Himler ’97 Rahul Handa ’02 Melissa A. Isom ’88 HUNDERBIRD’S WORLDWIDE alumni Helsinki, Finland Alexandre C. Jaffeux ’98 network includes 150 chapters in 66 countries. Kai K. Gyllstrom ’05 Jahandar Jahanbani ’83 Chapter Leaders work closely with local alumni Glen A. Michel ’92 T Hilton Head, Glenn D. Petteys ’04 and School administrators to ensure the advancement South Carolina Betty L. Schlothan ’95 James L. Landis ’68 Ingrid Von Burg ’03 of Thunderbird. They also promote the importance MeiWah Wong ’99 Ho Chi Minh, Vietnam of giving back, staying engaged, and seeing Thunder- James W. Echle ’72 Louisville, Kentucky bird as a lifelong educational partner. We greatly Brian K. Smith ’90 Jon G. Cates ’71 appreciate and thank them for their commitment Hong Kong Luxembourg Bret L. Benson ’01 Nikos Milianitis ’83 and dedication. Kevin J. Rohrer ’82 Linda M. Suen ’00 Madison, Wisconsin Richard D. Bliss ’95 Amman, Jordan Bogota, Colombia Columbus, Ohio Honolulu, Hawaii Hanna T. El-Fakir ’85 Julio M. Otalora ’98 Cynthia B. Martini ’01 Valerie S. Koenig ’91 Madrid, Spain Jaafar H. Hijjawi ’97 Fred M. Smoot ’66 Maria E. Beltran de Lli Boise, Idaho Croatia ’99 Amsterdam, Netherlands Tracie M. Lee ’97 Andrijana Culjak ’99 Houston, Texas Cristina Garcia- Brigitte Opel ’95 Sara Swain ’04 Jaideep R. Potnis ’99 Cervigon ’02 Dallas / Fort Worth, Matthew D. Romero ’99 Anchorage, Alaska Broward / Palm Beach, Texa s Manila, Philippines Clayton H. Halverson ’72 Florida Alden B. McCall ’92 Indianapolis, Indiana Daniel J. Casey ’94 Jonathan S. Chen ’95 Peter Petrik ’00 Alison W. Stern Douglas M. Hoyt ’03 Ankara, Turkey William S. Lawton ’89 Randall L. Smith ’86 Stilwell ’83 Armando R. Mojica ’98 Arif Sahlan ’97 John J. Roig ’88 Carlo H. van Rantwijk ’94 Dayton, Ohio Istanbul, Turkey Joel Cruz Toledo ’99 Armenia Brussels, Belgium Heidi M. Marshall ’04 Sami S. Cekirdekci ’03 Heber Longhurst ’05 Annie P. Gabriel ’03 Frederic L. Mario A. Zaldivar ’91 Khatchig Jingirian ’97 Agneessens ’88 Denver, Colorado Jacksonville, Florida Jonathan J. Murray ’90 Kevin T. Chenoweth ’93 Thomas C. Whiting ’79 Milwaukee, Wisconsin Athens, Greece Julianne O’Dwyer ’99 John A. Moore ’70 Constantine T. Bucharest, Romania Jakarta, Indonesia Theodorou ’73 Michele L. Green ’91 Detroit, Michigan Dinar R. Hasibuan ’96 Minneapolis / St. Paul, Adiel A. Avelar ’04 Lars P. Nielsen ’93 Minnesota Atlanta, Georgia Bucks County, Ellen C. Chang ’00 Steven L. Novkov ’69 Patricia M. Jurewicz ’99 Richard M. Knutsen ’86 Pennsylvania Arturo Encinas ’03 Christopher A. Sada ’01 Virren Malhotra ’05 Clifford M. Lavin ’71 Ingmar R. Korstanje ’99 Roy H. Tan ’87 Auckland, New Zealand Andrew J. Lubin ’75 Gail T. Kozeliski ’93 Monterrey, Mexico W. J. Bowen ’80 Heath W. Norton ’03 Johannesburg, Angel C. Alvarado ’02 Budapest, Hungary Heidi R. Saunders ’99 South Africa Jose O. Guajardo Austin, Texas Dennis A. Diokno ’91 Robert M. Pedegana ’00 Walsh ’00 Spencer H. Kendall ’02 Kelly M. Koch ’94 Dubai, United Arab Alma G. Gutierrez Agnes M. Toth ’89 Emirates Kalamazoo, Michigan Gonzalez ’02 Baku, Azerbaijan Hani S. Abouhalka ’00 Gayle G. Jacobs ’03 Paul S. Hamlin ’92 Buenos Aires, Argentina Kelly L. Eide ’97 Montevideo, Uruguay Julie M. Hocevar Alejandro H. Erb ’98 Kansas City / Marcelo Iglesias ’05 Hamlin ’93 Renate Juengling ’94 Dusseldorf, Germany Overland Park Marcus Ley ’97 Kelly Stiefel Arias ’02 Moscow, Russia Bangalore, India Caracas, Venezuela Narbeli Galindo ’90 Barry Schumaker ’03 Anand Khandwala ’92 Cesareo Goyanes-Duran El Paso, Texas Yan E. Yanovskiy ’02 Harsha Moily ’97 ’95 Margaret A. McNiel ’78 Kiev, Ukraine Kimiko Thakur Alexander Volkel ’92 Mykhaylo I. Kvartyuk ’02 Mumbai, India Menzies ’94 Frankfurt, Germany Bridget MacDonald ’03 Vijay Anand Jangiti ’88 Central New Jersey Steven R. Feller ’88 Bangkok, Thailand Molly Rhodes E. P. Prengel ’68 Kuala Lumpur, Malaysia Munchen, Germany Therapong Suebvattana Naughton ’98 Michael Schimmer ’96 David M. Buessing ’93 Catherine B. Lindner ’96 ’98 Chicagoland, Illinois Geneva, Switzerland Kuwait Nairobi, Kenya Barcelona, Spain Erik D. Carlson ’89 Antoine J. van Caloen ’87 Abdullah Alghanim ’05 John Gustafson ’80 Gregory T. Cooper ’91 Christina H. Gamino ’99 Rene M. Van Baardewijk Thomas M. Kostal ’99 Greenville, South Las Vegas, Nevada Nashville, Tennessee ’91 Michael K. Muth ’86 Carolina Richard R. Gesteland ’91 John D. Walker ’78 Antonio Vendrell Kari L. Nysather ’98 Roberts J. Kukainis ’01 Leslie D. Kiel Brown ’88 Barbera ’01 Eric G. Riddle ’98 Michael J. Rubel ’01 Ingrid Y. Lee ’03 New Delhi, India Richard L. Schlesinger Quinton Singleton ’03 Akhil Kishore ’03 Beijing, China ’01 Guadalajara, Mexico Sahil Mahajan ’02 Frederick V. Hsu ’88 Alan R. Slavik 02 Jose F. Ramirez Lima, Peru Weidong Huang ’94 Jason L. Stevens ’01 Valenzuela ’02 Sandro M. Gallardo ’02 New England Mark P. Wentley ’95 Mary Anne U. Cleary ’93 Berlin, Germany Guatemala City, Russell B. Evans ’95 Roland Quast ’02 Cincinnati, Ohio Guatemala David P. Reitz ’03 Luis P. Chavez Blanco ’98 Bermuda Joseph A. Weber ’96 Diego Cuestas-Rolz ’95 John K. Bull ’00 Cleveland / Akron, Ohio Hamburg, Germany Bizhkek, Kyrgyzstan Jeffrey M. Mathers ’04 Yucel Yelken ’99 David T. Hughes ’00

46 fall 2006 volunteer leadership

New York Rio de Janeiro, Brazil Silicon Valley, California Tokyo, Japan Jessica L. Berrios ’05 Christopher J. Rebecca J. Eby ’05 John T. Chambers ’97 Anne B. Dayton ’95 Del Corso ’97 Bo Gan ’03 Go Shimada ’02 Jennifer A. Flowers Sarah Jane R. Surban ’01 Richard Liu ’98 Jackman ’92 Xiaochun Liu ’92 Toronto, Canada Kiyoko Fuchimoto ’01 Rochester, New York Maximillian Anthony W. Barker ’97 Hazem S. Gamal ’98 Hugh H. Woodside ’97 Meinhardt ’05 Andrew E. Green ’04 Jinqiang Shi ’03 Triangle Area, North Rizwan R. Hussain ’05 Rome, Italy Carolina Janet M. Joyce ’97 Luca Casalena ’98 Singapore Elizabeth A. Hubby Scott Krawitz ’05 Anne Dellos LeBoutillier Wood ’00 David G. Lecompte ’02 Sacramento, California ’91 Frank G. Kardonski ’03 Mary Lotis R. Lisa S. Anthony Nicole E. Larson ’98 Manlegro ’04 Sierra ’82 Sofia, Bulgaria Brita J. Moeller ’02 Nilmini D. Hulangamuwa Borislav Kavlakov ’03 Tucson, Arizona Nona P. Niner ’81 ’99 Rene Petrova ’02 Marco P. Marazzi ’00 Sunil Sharma ’03 Alberto C. Voli ’96 Martha Sheehy ’05 Salt Lake City, Utah South Bay, California Jens Steinhaeuser ’03 Thomas J. Hannum ’86 John W. Gillam ’98 Tulsa, Oklahoma Tarek Z. Mango ’02 Jason R. Nagler ’01 Shane G. Bennett ’98 Northwest Arkansas Jennifer Schiele ’06 San Antonio, Texas South Florida United Kingdom Diane C. Huth ’76 Santiago Mejia ’04 Yael S. Coifman ’94 Oklahoma City, Donald H. Schmoldt ’58 Arturo Perchemlian ’04 Kevin J. Cowan ’98 Oklahoma Kirsten R. Fuchs ’02 Vinod Ramanathan ’00 San Diego, California South Florida TEAM Shannon G. Skaggs ’04 Eric A. Denniston ’80 Vincent S. Daniels ’74 Omaha, Nebraska Christopher T. Vancouver, Canada Markus E. Eriksson ’00 San Francisco, California Morrison ’73 Han-Beng Gunn ’79 Kevin D. Feather ’89 Orange County, Amy L. Golden Southwest Florida Vienna, Austria California Brenner ’99 Garry S. Moore ’64 Karl H. Pisec ’94 John M. DeLap ’83 Khatchig Jingirian ’97 Elina Shcop ’03 Special Interest Chapter, Warsaw, Poland Orlando, Florida Patricia A. Trosclair ’90 2004 Graduates Joanna Kin Lewis ’96 Amanda S. Day ’00 Sally K. Winter ’05 Sara F. Cadden ’04 Kristen A. Wells ’97 Dinesh Goel ’04 Washington DC San Jose, Costa Rica Fernando J. Ojeda- Kristen L. Cooper ’00 Osaka, Japan Julio E. Barquero ’99 Doldan ’04 Kathleen A. Langheck ’94 Matthew P. Jones ’03 Amedeo Gaggion ’04 Vivian Pacheco ’04 Ricardo R. Lomas ’95 Federico Spadea ’04 Edgar R. Sanchez Joel Pugh ’04 Ladan Madresehee ’97 Mayumi Uejima ’04 Wilke ’03 Christopher S. Morin ’98 Special Interest Chapter, Oslo, Norway San Juan, Puerto Rico 2005 Graduates Zurich, Switzerland Tom Albrigtsen ’93 Elpis Frantzeskarou ’93 Simone O. Bott ’05 Daniel W. Jones ’88 Hugo Freire ’05 Panama City, Panama Santa Fe, New Mexico Michael C. Pierce ’68 James T. Ortiz ’86 Special Interest Chapter, Graduate Women in Paris, France Santiago, Chile Business Bernadette Martin ’84 Javier Arriagada ’03 Susan E. Boedy ’02 Thorne E. Pierce ’91 Nicholas H. Walker ’01 Julie K. Hines ’02 Hilah W. Smith-Kato ’94 Sao Paulo, Brazil Katrien Masschelein ’03 Pedro Carvalho ’94 Lenora Peppers Philadelphia, Greene ’02 Pennsylvania Saudi Arabia Nilsa Sanchez ’04 Michael L. Matacic ’01 Jalal B. Mitri ’94 Kimberly A. Mlynarski ’95 Special Interest Chapter, Scottsdale, Arizona Thunderbird Alumni Phoenix, Arizona Julie A. Levin ’03 Rugby Association Karen D. Longo ’88 Melissa K. Levy ’03 Charles A. Hamilton ’91 Daniel Levy ’03 Pittsburgh, Pennsylvania St. Louis, Missouri David N. Serbin ’93 Seattle, Washington Kerri L. Halbrook ’02 Ronald A. Barbera ’89 Joyce A. Wiegand ’92 Portland, Oregon Dawn S. Deriso ’93 Beau R. Whitney ’99 Amy S. Lyndon ’88 Stamford, Connecticut Julie M. Miller ’88 Sandra Shen ’90 Prague, Czech Republic Eric V. Steinwinder ’92 Tanya Morrison ’85 Stockholm, Sweden Seoul, South Korea Rolf D. Alexander ’99 Princeton, New Jersey Jaewon Kim ’96 Patrik S. Salen ’00 Sara D. Augustine ’89 Hawk Sohn ’95 Jean M. Wajdowicz ’99 Sydney, Australia Shanghai, China Roger D. Shahani ’94 Reno, Nevada James P. Boyle ’93 Boris Hallerbach ’94 Richard Brubaker ’01 Taipei, Taiwan Michael S. Cheung ’00 Guo Rung Chen ’01 Richmond / Juan Xia ’03 Tzu-Yuan Chen ’04 Central Virginia Cheng-Yang Chen ’05 George L. Hiller ’72 Shenzhen, China Matthew L. Davis ’05 Alison M. Johnson ’85 Ying Ma ’04 Gloria Tostado ’96 Bin Zhou ’02 Tampa / West Florida Jaclynn M. Fimrite ’99

investor report 47 Ever think about starting your own business?

Thunderbird’s Walker Center for Global Entrepreneurship can help you make that dream a reality. We can help you with:

zBusiness planning Robert Hisrich, Ph.D. zCapital development and funding

zPersonalized consulting and coaching

zConferences, workshops

zFamily business development and management

zThunderbird campus “incubator” facilities for start-ups

Ernesto Poza With a staff of experienced, passionate entrepreneurs and faculty to guide you, there is no better time than now to get your business off the ground.

To learn more about how Thunderbird’s Walker Center for Global Entrepreneurship can help you, call 602-978-7571 or e-mail [email protected]. Steven Stralser, Ph.D. www.thunderbird.edu/cge Own a Piece of Thunderbird History

From the School’s beginning as a civilian flight training school to becoming the top ranked international business school in the world… “Thunderbird, Taking Flight in Global Leadership” is the history of an amazing institution. Captured in its more than 250 pages are the stories and memories of the faculty, staff, students, alumni, Friends of Thunderbird, and many other members of the Thunderbird Community that embody the Thunderbird Mystique. Also included is a look back at Thunderbird Field I, the humble beginning of this world-class- institution. A coffee table book, hard-bound, with a beautiful dust jacket, perfect- for display Reserve and order Thunderbird, Taking Flight in Global Leadership at the Thundershop online, www.thundershop.com, or call- 602-978-7226 All proceeds from the sale of this book go to the support of student scholarships at Thunderbird.

“No one has ever become

poor by giving.” Anne Frank

Think about what Thunderbird gave you... Giving makes greatness possible, and leadership support of the THUNDERBIRD ANNUAL FUND ensures that the School can provide exceptional opportunities for T-birds of the future.

Use the envelope enclosed with this issue to make your gift or go online at www.thunderbird.edu/annualfund. THUNDERBIRD, THE GARVIN SCHOOL OF INTERNATIONAL MANAGEMENT TRULY GLOBAL GENEROSITY

A new era in Thunderbird’s history has begun, and we are counting on you to help shape it. Please show your T-bird spirit and truly global generosity by making your gift to the Thunderbird Annual Fund.

Your investment will produce a return we can all be proud of.

Give online at www.thunderbird.edu/annualfund or use the gift envelope enclosed with this issue.

Thunderbird is a 501(c)(3) nonprofit organization. All gifts are tax deductible to the fullest extent of the law.

NONPROFIT ORG. US POSTAGE PAID MENDOTA, IL Thunderbird Campus Development Office PERMIT #135 15249 North 59th Avenue Glendale, Arizona USA 85306-6000 USA

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