SPRING / SUMMER 2003 BusinessVOLUME 15 NUMBER 2

Delivering on Humanitarian Logistics Georgetown Business

Georgetown Business is published LEADERSHIP Michael E. Heisley, Jr. (B’86), Executive Vice President, Parents Advisory Council Heico Companies as of June 20, 2003 twice a year by The McDonough John W. Mayo, Dean School of Business for alumni, Peter W. Henderson, Jr. (B’81), Vice President, Co-Chairs Joseph B. Mazzola, Executive Dean for Faculty Fleet-Meehan Specialists parents and friends. Ronald W. Tysoe, Vice Chairman, Ann-Mary Kapusta, Associate Dean and Director, James F. Higgins (B’70), Senior Advisor, Federated Department Stores, Inc. Undergraduate Program Arleigh Tysoe Editor Morgan Stanley Jessica Botta Marilyn A. Morgan, Associate Dean and Director, Paul J. Hill (B’67), President, MBA Program McCallum Hill Companies Richard E. Bennett, President & CEO, Director of Communications Phoenix Advisors Lisa A. Kaminski, Assistant Dean and Director, A. Lincoln Hoffman, III (B’65), Former Executive Wendy Bennett, Executive Board Member, International Executive MBA and Executive Education Contributing Writers Managing Director, Global Relationship Banking, School Community Association, Citibank Colleen Monahan Arons (MBA’03) Manhasset Public Schools Tom Price Lee C. Howley (B’70), Owner & President, Joseph F. Berardino, Former CEO, Board of Advisors Howley Bread Group Andersen Worldwide Susan Crites Price as of June 20, 2003 Richard E. Joyce, Jr. (B’74), Managing Director, Gail Hamilton, Vice President of Advertising, Promotion & Publishing, McCall Butterick & Photography Chair Merrill Lynch John J. (Hap) Fauth (B’67), President & CEO, Vogue Patterns Kenneth J. Kencel (B’81), Head of Leveraged Finance, Jon Golden The Churchill Companies Royal Bank of Canada Donald J. Dawson, Jr., Cofounder and Chairman, Lisa Helfert Payroll 1 Inc. Gerard M. Kenny (B’71), President, Doreen Amorosa (B’79), Director, Mary Jo Dawson, Director of College Placement, Phil Humnicky Kenny Construction Company Talent Acquisition, Avaya Inc. Academy of the Sacred Heart Leslie E. Kossoff Lisa S. Kleinknecht (MBA’99), Corporate/Principal, Robert L. Andrews (B’68, L’71), Partner, Dan A. English, Executive Vice President & Director, Cable Risdon Kleinknecht Electric Company Vincent Andrews Management Corp. Puffer-Sweiven, Inc. Kay English Daniel K. Lahart, S.J. (B’83), President, Designer James Atwater (B’85), Senior Vice President/ Strake Jesuit College Preparatory School James Hackett, Chairman & CEO, Nancy Van Meter Branch Manager, McDonald Investments Catherine Lawton (B’79), Principal & General Ocean Energy, Inc. Thomas L. Bindley (B’65), President, Maureen Hackett Counsel, Sandler O’Neill & Partners L.P. Georgetown Business Bindley Capital Corporation Robert Kushner, Jonathan R. Lynch (B’88), Partner, Managing Partner, welcomes inquiries, opinions Alison Lohrfink Blood (B’81) JPMorgan Partners Kushner, Smith, Joanou & Gregson, LLP Karen Kushner and comments from its readers. John D. Bowlin (B’72), Former CEO, Philip A. Marineau (C’68), President & CEO, Miller Breweries Sanford Miller, Letters should be addressed to: Levi Strauss & Co. Chairman & CEO, Budget Group, Inc. Marilouise Burns (B’80), General Zone Manager, Robert E. McDonough (F’49), Founder & Vice Chair, Mary Kelly Miller The Editor Lincoln Mercury Division, Ford Motor Company Remedy Intelligent Staffing Georgetown Business Greg Palmer, President & CEO, Gerald T. Cameron (B’77), Former COO, William McInnes, S.J. Administrator, Remedy Intelligent Staffing. the mcdonough school Ibis Technology Corp. Boston College Sally Palmer of business Michael Chasen (MBA’95), CEO & Co-Founder, C. Allen Merritt, Jr. (B’62), President, Thomas Siebert, Attorney, Blackboard Inc. Georgetown University Merritt Capital, Inc Patton Boggs, LLP Jerome J. Claeys III (B’65), CEO & Chairman, Debbie Siebert, Director of Business Development, 206 Old North Building Lorraine Montero (F’68), Managing Director, Heitman Capital Management NEWgame Communications Washington DC 20057 Emerging Market Region Head - Latin America, Michael J. Connelly (B’74), Managing Director, Citibank N.A. Thompson M. Swayne, Executive Vice President, phone: The Carlyle Group JP Morgan Chase (202) 687-4080 Ellen Morrell (B’66), Vice President & Susan Swayne fax: (202) 687-2017 Peter S. Croncota (B’83), Senior Managing Director, Principal Broker, Washington Fine Properties, Bear, Stearns, & Company, Inc Sotheby’s International Realty Robert F. Woods, Treasurer & Vice President— email Finance, IBM Corporation : [email protected] Charles Palmer (B’64), William H. Diamond, Jr. (MBA’83), CEO, Managing General Partner, Mary Gene Woods DenseLight Semiconductors North American Company, LLP www.msb.georgetown.edu Martin E. Zweig, Zweig Companies Patricia Mulvaney-Pignataro (B’81), William T. Divane (B’64), Chair, Partner, Barbara Zweig Send address changes/additions/ Divane Brothers Electric Company PriceWaterhouseCoopers, LLP Mollie Zweig deletions to [email protected] Donn Dolce (B’67), Senior Vice President — Daniel J. O’Connor, President & CEO, Paragon Computers or contact Alumni Records at Investments, Paine Webber Investments (202) 687-1994. Alfred J. Fisher, III (B’70), President, David Reyes (L’82), President, Fisher and Company Harbor Distributing, LLC Lawrence P.Fisher, II (B’82), Senior Vice President, Andrew Sachs (MBA’96), President, US Trust Company Bethany Partners, LLC Michael R. Fisher (B’80), President, Charles F. Sarkis (B’62), Chairman & President/ Fisher Dynamics Corporation Founder, Back Bay Restaurant Group, Inc. Kristin M. Fletcher (MBA’84), Chairman, Ann Misiaszek Sarnoff (B’83), Chief Operating ABN-AMRO , Inc. and U.S. Country Representative Officer, VH1 & CMT Theodore Francavilla (B’74), Senior Vice President, John Spirtos (L’92, IEMBA’00), General Partner, JP Morgan Chase Bank OCG Ventures Christopher P.Franco (B’81), President, Thomas T. Stallkamp, Vice Chairman & CEO, Rock Point Investment Partners MSX International Mark G. Frantz (B’69), Chairman, Robert Steers, (B’75) Chairman, Frantz Medical Group Cohen & Steers Capital J. Richard Fredericks (B’68), Chairman, Joseph Swan (B’67), President, Dionise Capital Emerson Swan, Inc Bernardo A. Giacometti (B’77), President, Charles M. Trunz, Jr. (B’75), Chief Administrative Kipany Brazil Officer, North Shore Health Systems Michael J. Gibbons (C’60), Managing Director, Edmond D. Villani (C’68), Vice Chairman, J.P.Morgan Chase & Co. Deutsche Asset Management Carol A. Grefenstette (B’78), Managing Director, Strategic Investment Group

COVER: Lesotho residents receive shipment of humanitarian aid. Photograph: ©Fritz Institute Contents

LETTER FROM THE DEAN 2

INSIDE INFORMATION 2

Georgetown MBA Rankings Roundup Rises in Financial Times rankings, holds position in U.S. News

Building Bridges to Latin America Georgetown signs cooperative agreement with Mexican university FEATURES Trade Route to China Stops at Georgetown Delivering on Humanitarian Logistics 12 School hosts second Shanghai WTO training delegation Alumni Network Illumines Hollywood Boulevard 16 MBA Survivor 2003 Career Management Office to address placement conference Financial Services Affinity Group Creates Wealth of Opportunity 18

Charting the Course for Workplace Safety 2003 Commencement Exercises 20 Center for Business and Public Policy, OSHA form alliance Doing Good While Doing Business FACULTY ACHIEVEMENTS 23 Generosity of faculty, staff infuses global residencies

The Business of the Blackfeet Nation ALUMNI NOTES 27 MBAs launch collaborative project on entrepreneurship and economic development Spotlight: Jason Rottenberg (B’92)

Marketing Goes Elemental Spotlight: Ismael H. Herrero III (B’82, L’85) Undergraduates test-drive Honda marketing campaign Profile: Kit Cooper (MBA’99) and Alberto Fernandez (MBA’99) Engaging Hoya Spirit Se Habla Español Board of Advisors, Parents Advisory Council discuss Spotlight: James M. Campbell (MBA’99) School priorities Profile: John Agwunobi (IEMBA’00) WORD FROM THE STREET 7 Managing Medicine

Former Andersen chief addresses personal impact Spotlight: Ananias ’Andy’ Blocker III (IEMBA’02) of corporate crisis

AIG CEO discusses opening markets in Asia

Socially Responsible Investing pioneer visits MBAs

National Geographic Channel exec presents at GWIB meeting

VH1 chief operating officer inducts new members of Beta Gamma Sigma Honor Society

WITH HONORS 8

Professor wins international case award

Undergraduates receive community service awards

Faculty honored for 20 years of service

Georgetown team takes top prize at MBA Games

Undergraduate research accepted at finance conferences

Professor receives distinguished doctoral graduate award

MEDIA HIGHLIGHTS 10 Inside Information

MBA Rankings Roundup cial Times bases its rankings on or the third consecutive the relative strengths of MBA year, the Georgetown programs in three key areas: FMBA was ranked among purchasing power of graduates the top 25 graduate business in the marketplace, diversity of programs in the country by educational experience, and U.S.News & World Report.In research qualities of the insti- LETTER FROM THE DEAN its 2004 edition of America’s tution. The Financial Times evaluates data it collects from August will mark the completion of my first year as Dean of the Best Graduate Schools and its alumni questionnaires, a busi- McDonough School of Business. I appreciate all the support given to me April 14 magazine feature, U.S. News placed the George- ness school questionnaire, and over these last months by faculty, staff, alumni and friends. town MBA at No. 24 out of a review of research in leading journals. We live in a challenging and uncertain period not only in business educa- the 365 accredited master’s “The strength of our tion, but in our world. We face a stagnant domestic and global economy, programs in business surveyed. The McDonough School MBA program is once again struggling financial markets, and mounting skepticism and distrust in ranked No. 14 for interna- acknowledged in these rank- our corporate leaders due to recent governance failures and scandals. tional and No. 18 for executive ings,” said Marilyn A. Morgan, But it is in such times that our leadership and resolve are most needed. MBA programs in U.S. News’ associate dean and director of business specialty rankings. the MBA program. “Our stu- In the last issue of Georgetown Business, I asked for your help in lever- U.S. News calculates its dents, faculty, alumni and staff aging our substantial non-financial resources as we build on our suc- rankings based on a weighted have all worked hard to make cesses and continue to grow our programs. In this issue you will read average of several quality indi- the program what it is today, about McDonough School faculty, staff, students and alumni that cators, including reputation by and we continue to look for ways to strengthen it.” embody this “spirit of engagement”—through leadership in their schol- business school deans and cor- The Wall Street Journal, Forbes, arship and research, in their service to others, and in their commitment porate recruiters, placement The Economist, and Hispanic to the McDonough School. They are an inspiration to us all. success and student selectivity. The McDonough School Business will issue their MBA program rankings in the fall. You will also learn about specific ways you can provide leadership in placed at No. 17 among 100 of Business Week and The Financial advancing our programs at the undergraduate, MBA and executive level. the world’s full-time MBA Times will rank executive Our job as business educators is to develop tomorrow’s leaders today, programs, according to The Financial Times’ fifth annual MBA and executive education and we cannot do that without the help of our alumni and friends. Your MBA rankings ( January 20). programs, while U.S. News continued support is essential to our mutual success. The McDonough School was will release its ranking of undergraduate programs, It is my great pleasure to work with you, and I hope to see many of you ranked No.14 among U.S. schools surveyed. The Finan- also this fall. on the Hilltop soon.

Sincerely,

John W. Mayo, Ph.D. Dean

2 Georgetown Business McDonough School Faculty, Alumni Contribute to Latin America Initiative eorgetown University signed a cooperative agreement in Monterrey, Mexico with the Insituto McDonough School Tecnólogico de Estudios Superiores de Monterrey (ITESM), commonly known as the Tec de Hosts Shanghai WTO GMonterrey. Under the new agreement, Georgetown University will collaborate with the Tec in Trainee Groups the design of new ITESM master’s degree programs in international studies, political analysis and media, and international law, and new courses in business administration and applied ethics. Over the Associate Professor Pietra Rivoli next couple of months, faculty from the Tec’s Monterrey and Mexico City campuses will come to hosted trainee groups from the Shang- hai Consultation Center for the World Georgetown for workshops with faculty to develop the curricula for the new programs. Trade Organization (WTO) on April 4 Latin America Initiative Director and Professor Dennis P.Quinn and Associate Director Samuel for a half day of lectures and meetings S. Robfogel (MBA’02) were instrumental in bringing about the collaboration. Associate Professor with McDonough School faculty and Elaine Romanelli is also contributing her time and expertise to explore potential joint projects and students. In conjunction with the U.S.- opportunities in Latin America with other Jesuit institutions. China Business Council, which is the The Latin America Initiative, a project of the Provost’s office, was launched to explore new principal organization of U.S. compa- nies engaged in trade and investment Georgetown University engagements in Latin America, including strategic alliances with universities, in the People’s Republic of China, the joint projects with other Jesuit institutions, and independent Georgetown University activities such as Shanghai WTO Affairs Consultation new study abroad programs and executive education. Center’s “50/100” program trains 100 Adrián Sada (B’66) has helped to bring individuals from 50 entities—including together Georgetown University and McDonough government bureaus, large State- School alumni both young and old—including owned enterprises, consultants and industry associations—to become reuniting the Class of 1957—and hosted a celebra- experts on WTO issues. tion of the agreement at his home in Monterrey, Mexico. The Sada family founded Vitro, S.A. de The training delegation, which consists C.V., one of the world’s leading glass producers, of high-level government officials rep- which is based in Monterrey. resenting a variety of industries, met with McDonough School students and Right: James J. O’Donnell, provost of Georgetown University, attended a presentation by govern- Lorenzo H. Zambrano, president of the Board of Trustees of the Tec de Monterrey and chairman and CEO of CEMEX, SA de CV, ment professor Andrew Bennett on and Dr. Rafael Rangel Sostmann, rector of the Tec de Monterrey, shake hands at the alliance signing in Monterrey, Mexico. “U.S.-China Relations in the Bush Administration: From Competitor to Condominium” and McDonough School Associate Professor Thomas L. Brewer on “China, the WTO and Sus- tainable Development.”

“China has been the world’s most notable economic miracle during the past quarter century,” said Rivoli. “It is very exciting for the McDonough School to develop relationships with the new business leaders in China.”

This marks the second visit of Shang- hai WTO training delegations to the McDonough School. The first group came in the fall of 2002 and heard pre- sentations from Bennett on U.S.-China relations and from Visiting Associate

Georgetown University alumni and staff gather at the home of Adrián Sada (B’66) in Monterrey, Mexico on April 21, 2003 to cel- Professor Michael P. Ryan on intellec- ebrate the signing of the agreement. Left to right: Professor Dennis P. Quinn, Juan Pablo Treviño (MBA’98), Alvaro Fernandez tual property issues. The group also (MBA’95), Provost James J. O’Donnell, Jorge A. Chapa (B’57), Ronica Sanders Smucker, Director of Development for International had lunch with some of the MBA stu- Advancement, Miguel Barrio (MPP’97), Jorge Guajardo (F’93), Professor of Government and Director of the Center for Latin dents participating in the Shanghai American Studies Arturo Valenzuela, Rogelio Jaime (B’57), Adrián Sada (B’66), and John E. Smith, Jr. (F’57). Global Integrative.

Spring/Summer 2003 3 Inside Information

McDonough School, OSHA Alliance business in a course offered by the McDonough Kicks Off Workplace Safety Summit School’s office of Executive Education. The he McDonough School of Business’ first part will be presented at the National Safety Center for Business and Public Policy and Council’s Congress and Expo in September. A Tthe U.S. Department of Labor’s Occu- second part will be held later at the McDonough pational Safety and Health Administration have School and will offer a certificate of completion. signed an alliance that begins a joint effort to The McDonough School introduced an foster safer and more healthful American work- elective course on Contemporary Health and places. The alliance signing took place during Safety Issues for Business in its MBA program. the opening ceremonies of the Third Annual In addition, the first year MBA core curriculum now includes several cases on safety and man- Left to right: Amy G. McNamara, Workplace Safety Summit, hosted by the Center Toni Della-Ratta, and James Dixey. for Business and Public Policy, from April 10 agement practices. to 11, 2003. “Our belief is that there are real linkages MBA Career Management “This is our first alliance with the educa- between the economic performance of companies Team Tapped for Annual tional community,” said John L. Henshaw, assis- and the pursuit of basic social welfare matters that Conference tant secretary of labor for occupational safety can make safety a dominant economic strategy,” and health. “And it helps demonstrate the signif- said John W. Mayo, dean and executive director The session on “MBA Career icance placed on workplace safety and health, of the Center. Management in the New Reality” and the need to have educational institutions Speakers at the Summit included David proposed by the MBA Career deliver the critical message about the value of Barstow, investigative reporter for The New York Management Staff was accepted safety and health issues throughout our society.” Times, Cliff Meidl, Olympic flagbearer, George- for presentation at the MBA Career The Center and the Occupational Safety town University President John J. DeGioia, Ellen C. Kullman, DuPont Safety & Protection Services Council’s (MBACSC) annual and Health Administration have agreed to group vice president, Thère du Pont, chief finan- conference, “MBA Survivor 2003” encourage the advancement of workplace safety and health as a topic for education in business cial officer and executive vice president, Wawa, which was held from June 24 school curricula. They will also explore opportu- Inc., and Alan C. McMillan, president of the to 26 in Park City, Utah. Assistant nities to create executive education courses and National Safety Council. Associate Professor Dean and Director James Dixey, publications on the value of workplace safety Catherine H. Tinsley, Assistant Professor Jeanine Assistant Director for Corporate and health. The Center for Business and Public W. Turner, Associate Professor Pietra Rivoli, Relations Amy McNamara, and Policy and the National Safety Council are Professor Marcia P.Miceli, and Visiting Assistant Professor Brooks C. Holtom served as facilitators Associate Director for Career Educa- working together to provide health and safety for Summit working groups. tion and Counseling Toni Della- professionals the opportunity to learn about

Ratta represented the McDonough

School at the conference, which brought together the more than

250 active MBACSC members repre- senting 143 diverse MBA programs from across the United States and

Canada, as well as from Mexico,

England, France, Spain, Switzer- land, Australia, and South Africa. Assistant Secretary of Labor John L. Henshaw and Dean and From left to right: Thère du Pont, chief financial officer and Center for Business and Public Policy Executive Director John executive vice president, Wawa, Inc., N. Lamar Reinsch Jr., W. Mayo sign the alliance at the opening ceremonies of the professor and director of the Center for Business and Public Third Annual Workplace Safety Summit on April 10. Policy, Raffaella S. Cristanetti, DuPont Safety Resources, and John J. DeGioia, president of Georgetown University.

4 Georgetown Business Generosity of Faculty, Staff and MBAs Collaborate with Blackfeet Indian Nation Students Infuse Global Residencies n December 2002, Professor and Executive Dean of Faculty Joseph B. Mazzola recruited seven MBA students to assist Elouise ICobell, a member of the Blackfeet Nation and Executive Director McDonough School of the Blackfeet Development Corporation, in her ongoing efforts IEMBA Students, Faculty to promote entrepreneurship and economic development on the and Staff Raise Money reservation. Since that time, the team has nearly doubled in size to for Mexican Orphanages include members of the class of 2004, who will carry the project forward into the next academic year. Through the coordination and Several members of the Class of 2002 conducted an economic support of Professor Bardia Kam- analysis of the Blackfeet Nation during the spring of 2002. This rad, the International Executive The girls’ and boys’ orphanages in report enabled the current team to speed up the learning curve. Team MBA Class of 2003 (IEMBA 8) and Puebla, Mexico express their gratitude leader Colleen Monahan Arons (MBA’03) explained the team’s closing residency team raised for the generous gifts made by IEMBA approach. “Our goal was two-fold,” said Arons. “To make an 8 faculty, staff and students. 29,650 pesos (nearly US$3,000) immediate impact through analysis of a business survey and to build the infrastructure of the program to ensure the longevity of this for two orphanages in Puebla, important relationship between Georgetown MBA and Elouise Mexico. Cobell and the Blackfeet community.”

This philanthropic effort was initi- Four students traveled to the 1.5 million acre Blackfeet reservation in Browning, Mont. in late May 2003 to gain greater ated and managed by Kamrad, insight into the Blackfeet culture and economic situation, present who found the orphanages while the team’s recent analysis, and determine next steps. conducting the IEMBA global resi- “I view this as a chance to use the skills I have acquired here dency in Mexico last year. Kamrad, at Georgetown for a higher purpose,” said team member James A. along with Associate Professor Administrator Delivers Gordon (MBA’03). “The Blackfeet have the drive and initiative Elaine Romanelli, Executive Educa- New Friends to to succeed; a little know-how and support from us could aid them tion Associate Director Annette Vietnamese Orphans in their pursuit for true economic independence.” “Service to others and work for social justice are hallmarks Allgood, and the IEMBA 8 students Doris Hunt, administrative assis- of Georgetown’s approach to education,” said Mazzola. “Our students’ contributed the funds, which tant to Professor Stanley D. involvement with the Blackfeet Nation in this ongoing effort is equates to more than a year’s Nollen and Distinguished Teaching something in which we can all take pride.” income for each orphanage from Professor Thomas B. Cooke, all other sources. IEMBA 8 stu- organized a gift-giving campaign dents and their families also to collect stuffed animals for donated dolls and soccer balls orphaned children in Vietnam to to the orphanages. As this effort be sent on behalf of the MBA 2003 gains momentum, Kamrad plans Global Integrative Experience in to solicit the involvement and Vietnam, which was conducted participation of other students in March in Ho Chi Minh City. Hunt and members of Georgetown collected more than 500 stuffed

University community. animals from faculty, staff and

friends during the campaign Members of the MBA class of 2003 initiate collaboration with Blackfeet, Feb. 4, and organized the mailing to 2003. From left to right: Matthew J. Konrad (MBA’03), James A. Gordon (MBA’03), the orphanage. David M. Benedick (MBA’03), Elouise Cobell, Dean Mazzola, Colleen M. Arons (MBA’03), Andrew T. Madden (MBA’03), and Bernita Joyce, treasurer of the Jesuit Community at Georgetown University. Not pictured: Risha G. Hess (MBA’03) and Avinash Sahi (MBA’03).

Spring/Summer 2003 5 Inside Information Board of Advisors, Parents Council Hold Joint Spring Meeting at Georgetown

The Board of Advisors, the group of For these Undergraduates, Marketing is “Elementary” executive leaders from across the country and abroad that advises the McDonough School, and the Parents orty McDonough School of Business EdVenture Partners provided Leijon’s stu- Advisory Council, a group of distin- undergraduates enrolled in Adjunct Lecturer dents with a $2,500 marketing budget to imple- guished parents of undergraduate Dawn Leijon’s New Product Management ment their marketing campaign for the Honda students, held a joint meeting and F participated in plenary sessions at the class participated in a joint marketing program Element, which was managed by a student chief executive officer, fourth year Elaine Evangelista, Car Barn from March 20 to 21 with with American Honda and EdVenture Partners the theme “Sharpening the Focus: and a student chief financial officer, third year for their final class project. The program gave Creating a Winning McDonough students the opportunity to create a real-life peer Philip D. Rodgers, II. The rest of the class School of Business Strategy.” divided up into groups focused on various marketing agency tasked with researching, During the two-day meeting, members aspects of the campaign, including marketing implementing, and evaluating a promotional heard presentations from Dean John campaign for the new Honda Element targeted research, event planning and management, W. Mayo, Associate Professor Elaine to Georgetown University students. This unique advertising and public relations. A local Honda Romanelli, Professor N. Lamar Reinsch, partnership was part of a larger industry-educa- dealer brought an Element onto campus for stu- Jr., Professor Marcia P. Miceli, Director of Development Michael Boyd, Asso- tion program sponsored by American Honda, dents to inspect before they had to develop and present their marketing campaign to American ciate Dean Ann-Mary Kapusta, MBNA known as the Honda Element College Program, Career Center Associate Director J. Honda and EdVenture Partners. at 29 campuses across the country. Michael Schaub, Director of Graduate “I decided to do the program because I As part of their campaign, the students Alumni Programs and Volunteer Board thought the students would like to do something hosted a tailgate party in two Honda Elements Programs Robert P. Johnson, Director ‘real’ versus another academic exercise,” Leijon for Georgetown Day in May.The students served of MBA Career Management James Dixey, and Assistant Dean Lisa A. said. “The Honda Element was also a good root beer floats out of one vehicle and had a “Be In Your Element” Packing Game in the other. Kaminski. The plenary sessions and product fit for the class because the students are breakout groups were organized The students also raffled off donated prizes such the target market.” around the School’s three key priorities: as free movie tickets, CDs, and gift certificates. the strategic plan, the Third Century Leijon estimates that nearly 1,500 people inter- Campaign, and enhancing the culture of acted with the Elements on Georgetown Day. engagement of the entire McDonough The students did surveys before and after the School community. Members also partici- launch, and they increased unaided awareness of pated in a networking breakfast with a group of undergraduate students. the Honda Element by 1,350 percent. The “real world” nature of the project was a Chairman John J. “Hap” Fauth (B’67) great resume-builder and conversation piece announced the following new mem- bers of the Board of Advisors: William during job interviews because students were able H. Diamond, Jr. (MBA’83), chief execu- to demonstrate their experience with teamwork, tive officer of DenseLight Semiconduc- business communication, group dynamics, mar- tors, William T. Divane (B’64), chairman ket research, budget and project management, of Divane Brothers Electric Company, advertising, public relations and marketing– Kristin M. Fletcher (MBA’84), chairman, valuable skills that employers are looking for. ABN-AMRO, Inc., Michael E. Heisley, Jr. (B’86), executive vice president, Heico “We got to use real resources to market a Companies, and Charles L. Palmer III real brand that is already known to consumers,” (B’64), managing general partner,

Members of the Honda Element team on Georgetown Day, said third year Jessica M. Crnkovich. “The over- North American Co. The groups’ next April 29. From left to right: Niki Katz, EdVenture Partners, all experience was fantastic.” meetings are scheduled for October Alexandra M. Bean (B’03), Steve M. Wolsh (B’03), 2003. The current members of the Todd S. Kurihara (B’03), and third year Jessica M. Crnkovich. Board of Advisors and the Parents Advisory Council are listed on the inside front cover.

6 Georgetown Business Word from the Street

Former Andersen CEO AIG CEO Delivers • Have a long-term strategy. Addresses Impact of Oscar Iden Lecture • Understand the culture. Corporate Crisis on Family aurice R. “Hank” • Be persistent. oseph F. Berardino and Greenberg, chair- • Take the time to build Ann M. Sarnoff (B’83) and Dean John his wife, Gail Hamilton, man and chief relationships. M W. Mayo at the Beta Gamma Sigma • Have the CEO out front. Jspoke to students in executive officer of American induction ceremony in May. Professor Lamar Reinsch’s International Group, Inc. (AIG), Greenberg also noted that MGMT 577 course, “Defend- delivered the 23rd Annual the current geo-economic Christine M. Kuppens ing the Bottom Line: Managing Oscar Iden Lecture on April environment is more difficult (MBA’91), vice president for in a Crisis,” on April 14. 15. The Oscar Iden Lecture than ever before for executives programming at the National Berardino, series in American foreign pol- leading corporations into new Geographic Channel was the now with icy and international diplomacy markets. Given the concurrent special guest speaker at the Berardino is presented by Georgetown risks posed by war, the threat March 25 meeting of George- and Associ- University’s Edmund A. Walsh of terrorism, economic market town Women in Business. Dean ates, is the School of Foreign Service and volatility, and even global John W. Mayo and Associate former CEO its Institute for the Study of threats like SARS, Greenberg Professor Catherine H.Tinsley Joseph F. Berardino of Andersen Diplomacy.This year the Lec- warned, “You have to be active also addressed the group. Worldwide. The Berardinos’ ture was also co-sponsored by because you will have problems.” Ann M. Sarnoff (B’83), daughter, Allison, is a second the McDonough School of AIG is a leading global chief operating officer for VHI year in the McDonough Business and was moderated insurance and financial services and CMT: Country Music School of Business majoring by Elsa Carlson McDonough organization operating in Television, was the inducting in accounting. Professor Prem C. Jain. 130 countries and jurisdictions officer at the Beta Gamma The Berardinos talked In his speech, “The Role worldwide. Sigma induction ceremony on about the impact of a corporate of the Global Corporation in May 1, where 97 McDonough Other speakers at the crisis on families and answered Opening Markets in a Turbu- School undergraduates, MBA McDonough School: questions from students. lent World,” Greenberg dis- and IEMBA students were “Hearing from Gail— cussed his experience and Steve Lydenberg, a principal recognized for their achieve- who is not only a wife and approach to opening markets with Domini Social Invest- ments in scholarship and mother but also an executive in in China, the Philippines and ments, addressed Associate service. Sarnoff spoke of the a different industry—really Japan. He provided this advice Professor Pietra Rivoli’s MBA lessons and approaches that added depth to the discus- for companies and executives course on Socially Responsible have served her well in her sion,” said Reinsch. “Students seeking to open a market: Investing on March 24. career, including juggling a had a chance to see how a Lydenberg is the founder of variety of tasks, taking advan- healthy family responds to the socially responsible invest- tage of career “stretches,” and stressful circumstances.” ment (SRI) industry and has having passion for what you spent more than 27 years as a do every day. “The road may leader in the corporate social be circuitous and bumpy, but responsibility and SRI fields. the journey ahead is truly to be Lydenberg’s Rating America’s savored,” Sarnoff said. Beta Corporate Conscience (1984) was Gamma Sigma is the national the first systematic rating of scholastic honor society in the corporate social accountability field of business and adminis- of major U.S. firms. He was tration. Sarnoff is a member of also instrumental in creating the McDonough School’s and maintaining the Domini Board of Advisors.

Elsa Carlson McDonough Professor Prem C. Jain introduces Maurice R. Greenberg, Social Index, the first socially chairman and chief executive officer of AIG, who delivered the 23rd Annual Oscar screened equity index in the Iden Lecture on April 15. United States.

Spring/Summer 2003 7 Inside Information

McDonough School Students Earn Commu- nity Service Awards

With Honors Two McDonough School undergradu- ate students were among 20 recipients of the University’s 2003 Lena Landeg- ger Community Service Awards in Production and Operations Management Professor the amount of $2,500 each for their Wins Case Competition outstanding service to others. Heisley Family Professor of Global Manufacturing Kasra Ferdows As a member of the Georgetown Associate Professor Pietra Rivoli University Varsity Women’s Basketball and his two co-authors won the Production and Operations Man- Team, Zekeera A.K. Belton (B’03) has agement Society’s 2003 Case Competition Award for their case, devoted much of her time to helping Zara. Professors Jose Machuca from young women athletes in inner cities the University of Seville and Mike through Georgetown’s Basketball Lewis from the University of War- Program Community Outreach and wick are Ferdows’ coauthors. through a program she started herself called Analytical Athletes. Also to help The case competition was spon- girls from inner city neighborhoods, sored by Indiana University’s Center Zekeera has worked with Phoenix for International Business Education Sorority of Minisink for eight years and Research and awarded $2,500 and has served as treasurer of the for the best case on a production and Black Student Alliance.

operations management topic. Stephanie M. Parker’s (B’03) projects have included Hands On DC, Habitat Heisley Family Professor of Global The Zara case offers an illustra- Professor Robert J. Thomas Manufacturing Kasra Ferdows. tion of a fast-response global supply, for Humanity, and Interact. In addition to these programs, she has spent con- production and retail network. Zara, Two Professors Honored siderable energy tutoring and mentor- the largest division of Inditex with annual sales over ₡3 billion, ing in the DC area with Heads Up Teen for 20 Years of Service operates out of La Coruña in northwest Spain and is the only Mentoring Program, DC Reads, Duke Associate Professor Pietra Rivoli retailer that can deliver garments to its stores in 37 countries in just Ellington School of the Arts, DC fifteen days after they are designed. The company is highly prof- Schools! Project, and Heads Up Ameri- and Professor and Executive itable and growing rapidly. Zara’s unconventional systems for Corps, and with Experiment Summer Director of the Center for Profes- Camp in Spain. product design, order administration, production, distribution and sional Development Robert J. retailing provide unique opportunities for discussion and learning. The 2003 Lena Landegger Awards Thomas were awarded the Gold were presented at a dinner in Riggs Ferdows’ winning case will be added to the CIBER Case Col- Vicennial Medal at Georgetown lection of the European Case Clearing House and will be made Library in April. Created by the Landeg- ger Charitable Foundation to honor University’s Annual Faculty Con- available for broad adoption at business schools around the world. the late Lena Landegger, the Lena vocation in March, in recognition Landegger Awards provide George- of twenty years of service to the town University an opportunity to celebrate and honor its commitment University. The Gold Vicennial

and tradition in community service. Medal is awarded each year to

full-time members of the Univer-

sity faculty and academic staff.

8 Georgetown Business Georgetown Takes Top Prize at Annual MBA Games Ph.D. Honoree

Georgetown MBA squad, led by J. Clifford Johnson Professor Reena Aggarwal

(MBA’03), defeated Harvard,Tuck, MIT and Wharton, received the Allan Nash Distin- Chicago, Kellogg, UNC, Duke, NYU, Columbia and a A guished Doctoral Graduate award few others to take the trophy at the 15th annual MBA Games in from the Robert H. Smith School April 2003, a lighthearted competition held at Duke University’s Fuqua School of Business. The Georgetown team also included of Business at the University of Reena P. Tilva (B’03), Jay Tuli (B’03) and Maryland, where she received Charudatta Deshpande, Bennett W. Dixon, Thomas E. Galido John A. Largay Professor David A. Walker. (MBA’03), Peter P.Gasca Jr. (MBA’03), Kathleen R. Grishman, her Ph.D. in Finance. Barry E. Kaplan Jr. (MBA’03), Catherine M. Lundin (MBA’03), J. Undergraduate Research Martin Leborgne Jr. (MBA’03), Paul Legrady (MBA’03), and Accepted at International Smith’s 23rd Annual Doctoral Lindsey E. Trickett. The MBA Games is a fundraiser for Special Finance Conferences Awards Banquet was held on Olympics and attracts about 12 teams from top MBA programs to May 21. The research paper on Islamic compete in events such as a golf tournament, treasure hunt, 5K run, and obstacle course, as well as a briefcase toss and a swimming Banking prepared by Reena P. relay in business suits. Tilva (B’03) and Jay Tuli (B’03) for “It was a fantastic event. The special athletes had a great time, John A. Largay Professor David A. and the entire team had a lot of fun while helping to raise money Walker’s Global Financial Markets for an important charity,” said Johnson. “Of course, we always relish and Institutions course was the opportunity to compete against other MBA programs.” accepted for presentation at the The MBA Games was established at Fuqua in 1989 to pro- European Applied Business mote philanthropic and community involvement within the MBA student body. Research Conference in Venice, Smith School of Business Italy from June 8 to 13 and at the /

10th annual Conference of the

Multinational Finance Society in

Montreal, Canada from June 28 Photo by Pamela Yee Professor Reena Aggarwal and to July 4. Tilva and Tuli’s analysis Dr. Lawrence Gordon, Ph.D. program considers the social details of director at the Robert H. Smith School of Business. Islamic lending and compares bal-

ance sheets between Islamic and

conventional banks. Their paper

is unique since although Islamic

banking has faced phenomenal

growth over the last 20 years,

few studies have attempted to

evaluate its potential to extend The award-winning team at Fuqua’s MBA Games, left to right: Bennett W. Dixon, Kathleen R. Grishman, Barry E. Kaplan Jr. (MBA’03), J. Clifford Johnson (MBA’03), beyond the Muslim world and Thomas E. Galido (MBA’03) back, Lindsey E. Trickett, Paul Legrady (MBA’03), Peter P. appeal to the non-Muslim public. Gasca Jr. (MBA’03), Melissa (special athlete), Charudatta Deshpande, Catherine M. Lundin (MBA’03), and Richard (special athlete). Tilva and Tuli also received the

Award for Achievement in Finan-

cial Services at the 2003 Com-

mencement ceremonies.

Spring/Summer 2003 9 In the Media Highlights

Washington Post May 12 Bloomberg Asia Apr. 17 Washington Times Mar. 26 Assistant Director for Employer Develop- Associate Professor James J. Angel was Associate Professor Michael R. Czinkota ment Amy G. McNamara was quoted in an cited in an article on the New York Stock published an editorial article on the frac- article on MBA career placement efforts in Exchange’s investigations into alleged ille- tures between the United States and the tough job market. gal stock trading by its specialist firms. Europe over war with Iraq.

Reuters May 6 Occupational Safety & Health Daily USA Today Mar. 19 Associate Professor James J. Angel was Apr. 17 Associate Professor James J. Angel was interviewed in an article on governance at Dean John W. Mayo was quoted in an arti- cited in an article on the third birthday of the New York Stock Exchange. cle on how business schools can help close the bear economic market. the gap between safety and health profes- American Banker May 6 sionals and business leaders who make United Press International Mar. 14 Distinguished Teaching Professor Michael decisions about safety. Dean John W. Mayo and Professor N. E. Staten was quoted in an article on Lamar Reinsch, Jr. were quoted in an potential new provisions to the Fair Credit U.S.News & World Report Apr. 14 article on workplace fatalities. Reporting Act. The Georgetown MBA was ranked #24 in the United States. The School also ranked USA Today Mar. 14 Fox5 News May 5 #14 for international and #18 for executive Dean John W. Mayo was quoted in an arti- Associate Professor Ronald C. Goodstein MBA programs in U.S. News’ business cle on the fatality rates of Hispanic work- was interviewed for a program on the specialty rankings. ers in the construction, agriculture and practice of cyberbegging. meat processing industries. Irish Independent Apr. 5 IndustryWeek May 1 Inflation and the infrastructural deficit Delaware News Journal Mar. 12 Professor Douglas M. McCabe was quoted were the two issues highlighted by Heisley A Capital Markets Research Center study in an article on labor contracts in the U.S. Family Professor of Global Manufacturing was featured in an article on Delaware steel industry. Kasra Ferdows and were the subject of an banks partnering with out of state busi- article about his presentation to the Irish nesses to offer “payday” loans. Washington Post Apr. 24 Management Institute. Professor Robert J. Bies, Dorothea Donlan Financial Times Mar. 11 (B’03), and rising fourth-year students Washington Post Apr. 5 Associate Professor James J. Angel was Sean Garrett and Sabrina Sodja, were Assistant Professor Edward Soule was quoted in an article on stock short selling featured in an article on the value of Bies’ quoted in an article on the WorldCom and the SEC’s ruling on the use of paper course, “Leadership and Power.” accounting scandal, and the allocation of stock certificates to ensure greater control more than $3 billion in expenses to its of share trading. Washington Times Apr. 23 MCI subsidiary. Associate Professor Catherine H. Tinsley CBS.MarketWatch.com Mar. 4 was interviewed in an article about Ameri- Irish Independent Apr. 4 A Credit Research Center study was can Airlines’ labor disputes. Heisley Family Professor of Global featured in an article on the payday-loan Manufacturing Kasra Ferdows was cited industry. CBS.MarketWatch.com Apr. 21 for his role as guest speaker at the Irish Associate Professor Michael R. Czinkota Management Institute’s Management Wall Street Journal Mar. 4 was quoted in an article on the effect of the Conference in an article on the role of Elsa Carlson McDonough Professor Prem economic downturn on U.S. manufactur- foreign-owned multinational companies C. Jain’s research was cited in an article ing companies. operating in Ireland. on spin-offs that have outperformed the market.

10 Georgetown Business Business Standard (India) Mar. 4 Dow Jones Newswires Feb. 21 NBC, “Hispanics Today” Feb. 2 Professor Stanley D. Nollen was featured The Center for Business and Public Policy Associate Professor Ronald C. Goodstein in an article on the information and com- and its Telecommunications Roundtable was interviewed for a program on diversity munication technology industry in India. were featured in coverage of the FCC’s marketing and U.S. automakers’ attempts vote on phone and Internet competition. to target the Hispanic market. New York Post Mar. 3 Associate Professor James J. Angel was Houston Chronicle Feb. 17 Allentown Morning Call Jan. 27 quoted in an article on the NASDAQ’s Dean John W. Mayo published an op-ed Dean John W. Mayo published an op-ed new exchange for small companies, BBX, calling for business leaders to make safe calling for business leaders to make safe and Pink Sheets, the home of penny stocks. workplaces a moral imperative. workplaces a moral imperative.

La Sicilia Feb. 22 Japan Times Feb. 16 Baltimore Sun Jan. 26 An article reported on a seminar given by Associate Professor Michael R. Czinkota Associate Professor James J. Angel was Professor Robert M. Grant at the Faculty published an editorial on President Bush’s interviewed for an article about pros and of Economics at the University of Catania new economic agenda and the implications cons of President Bush’s proposal to elimi- (Sicily). of the dividend component for the global nate the dividend income tax. economy. New York Times Feb. 21 Financial Times Jan. 20 The remarks of FCC Commissioner South China Morning Post Feb. 7 The Georgetown MBA was ranked #17 Kevin J. Martin at the The Center for Professor Robert J. Bies was interviewed in the world and #14 in the United States Business and Public Policy and its in an article on job loss and its effects on a among graduate business programs. Telecommunications Roundtable were person’s mental and physical health. cited in an article on the FCC’s vote on Los Angeles Times Jan. 15 phone and Internet competition. CBS.MarketWatch.com Feb. 2 Associate Professor James J. Angel was Visiting Assistant Professor Brooks C. quoted in an article on day-trading firm CNBC “Business Center” Feb. 21 Holtom was cited in an article on family Heartland Securities Corp.’s $70 million The Center for Business and Public Policy leave benefits and differences between settlement with the SEC for trading and its Telecommunications Roundtable countries’ policies. manipulation charges. were the backdrop for a report on the FCC’s ruling on local phone competition CFO magazine Feb. 2 Financial Times Jan. 14 and broadband deployment. Associate Professor James J. Angel was Associate Professor Allan C. Eberhart’s interviewed for a story on the NASDAQ’s research on excess returns in post-bank- Associated Press Feb. 21 positioning relative to the NYSE, and its ruptcy equities was noted in a story on the The Center for Business and Public Policy plans to launch an alternative exchange. distressed securities investment sector. and its Telecommunications Roundtable were featured in coverage of the FCC’s New York Times Feb. 2 vote on phone and Internet competition. Dean John W. Mayo was cited in a story on FCC commissioners Kevin J. Martin and Michael K. Powell’s philosophical differences regarding telecommunications deregulation.

Spring/Summer 2003 11 12 Georgetown Business Deliveringon Humanitarian Logistics What the Business and Nonprofit Worlds Can Learn From Each Other

BY TOM PRICE

McDonough Business School Professor The project—applying business Ricardo Ernst utters the word “amazing” a scholarship to improving logistics in lot when he’s describing his new venture humanitarian operations—“fits perfectly into humanitarian logistics. with what Georgetown is all about,” The dedication of workers in humani- Ernst said. tarian relief organizations is “amazing.” “We’re not only about business as The low costs the organizations incur usual,” he said. “We can educate managers when they distribute food to remote Third to have an understanding, not only of the World locations is “amazing.” commercial world, but also of the humani- Also “amazing” is the interest that tarian world.” business school students have taken in the It’s gratifying to discover that many topic which Ernst, an expert in commercial McDonough students are looking for just logistics, has been investigating for only that kind of education, he said. Typical about a year. of the responses to his e-mail, he said, “The first thing I do when I have a were “this is why I came to Georgetown” project is to send students an e-mail asking and “an objective for my life is to help if they would like to participate with me,” other people.” Ernst explained. “I usually get six, eight, One of the students, Alberto Abadia ten responses. (MBA’03) of Spain, said he sought to “When I sent the e-mail to MBA participate in the project because “my two students about the humanitarian logistics main interests are business and humani- project, within 10 minutes I had five or six tarian work, and I’m trying to combine Mresponses, and I ended up having close to 60.” both things.” Photos of Red Cross and World Vision operations taken in Lesotho, Africa courtesy of Fritz Institute

Spring/Summer 2003 13 It’s not surprising that a large number of research done on the operations side students responded positively to Ernst’s of these organizations.” e-mail, Abadia said, because “I think all of Fritz Institute helps strengthen the students in our MBA program have the infrastructure of relief organiza- at least some concern about these issues. tions by mobilizing expertise form the Not everybody is thinking of working for corporate and academic community. a humanitarian institution, but I would Fritz wanted to get Ernst involved say there is a high number who do have because the Georgetown professor is interest in humanitarian issues.” “one of the best-regarded logistics Ernst’s project was instigated by people around.” Georgetown alumnus Lynn C. Fritz (C’64), Ernst began conferring with Steven J. who sold his global logistics company to Hansch, a research fellow at the migration UPS in 2001 and founded the nonprofit institute, and sitting in on Hansch’s Ernst marveled at the humanitarian Fritz Institute last year to improve human- humanitarian assistance class at the School organizations’ efficiency.They can move a itarian logistics. of Foreign Service. With Hansch, Ernst ton of goods from a port to “the middle of Fritz already had been funding a developed MBA tutorials on the topic, nowhere” for a fifth of what a commercial humanitarian project in the Edmund A. two of which were offered in 12-week shipping firm would charge, he estimated. IWalsh School of Foreign Service’s Institute modules during the 2002–2003 academic Their warehouses are managed with a high for the Study of International Migration. year. And he encouraged Hansch to offer level of sophistication even though they That project supports teaching, research a humanitarian assistance class in the are “very much manual, as opposed to and workshops about improving interna- McDonough School of Business, which automated.” The organizations make tional responses to disasters. he did in the spring. excellent use of local residents and tribal Fritz urged Ernst, who had been Ernst found humanitarian logistics to leaders to distribute supplies to the ulti- a consultant for Fritz’s company, to take a be “a fascinating world full of challenges,” mate recipients. And the organizations’ look at the School of Foreign Service’s in some ways more complicated than com- workers are highly motivated and “work activities. And he invited the professor on mercial logistics. Keeping a humanitarian very, very hard” for something other than a fact-finding visit to Southern Africa organization prepared to respond to disas- high financial compensation. in December. ters, Fritz noted, can seem to be a nearly “At the end of the day, when they “Almost everybody in disaster man- impossible task. accomplish something, the reward does agement in the humanitarian aid groups “You don’t know where something’s not end up in their pockets in the form of a relies almost entirely on on-the-job training,” going to happen, but you know something bonus of money,” Ernst said. “They end up Fritz said. “Also, there has been little is going to happen and it’s going to be moving to the next operation.” monumental,” Fritz said. “You don’t know On the other hand, he said, the human- what you’ll have to bring, you don’t know itarian groups don’t appear to do a good job where you’ll have to bring it, but you know of analyzing best practices and passing that you’ll have to bring it right away.” information on in a systematic way. Ernst likened the Africa trip to working Business scholars “have been very on a business case study: “You visit a real good at collecting that information and place. You see how it works.” In this case, the reporting on it,” Ernst said. “In the places were relief sites run by the Interna- humanitarian world,” however, “all of that tional Federation of the Red Cross and Red information is in the heads of the man- Crescent Societies, World Vision and United agers. The people in the field know, but Nations World Food Programme in South they have not had the time or the resources Africa, Zimbabwe and Lesotho.

14 Georgetown Business “Remember,” Ernst said, “I’m Humanitarian workers often com- learning myself. The tutorials are plain that they have to spend too much an opportunity for me to learn time preparing reports back to their with the students.” donors, Ernst said. That may be because In the first tutorial, six students they haven’t developed the best means of were grouped into three teams of measuring performance, he said. two. One group conducted an Businesses, on the other hand, “have industry analysis of the current metrics in four dimensions,” he said. “We’re state of humanitarian logistics. The continuously measuring” under the theory other two did case studies of the that “if you don’t measure, you cannot crises in Kosovo in 1999 and Afghanistan manage, and if you cannot manage, you in 2002. cannot improve.” or the motivation to sit down and structure The students looked for documenta- If nonprofit organizations had better the knowledge. No one has taken the time tion of lessons learned about best practices measuring techniques, he said, donors to write papers or process the information. in humanitarian logistics in general and might be satisfied with simpler reports. “You will find hundreds of books— specifically about which practices worked Sharing in the other direction, Ernst thousands of books—on the question of the or didn’t work in Kosovo and Afghanistan. said, businesses could learn from humani- whats and the whys [of humanitarian assis- In addition to researching in printed mate- tarian organizations’ ability to operate tance]. Lacking are the books on the hows.” rials and on line, they conducted several efficiently in remote locations without Hansch—who has worked for, as well conference calls with representatives of modern infrastructure. And “there is a lot as studied, humanitarian organizations— Red Cross and CARE. that commercial enterprises can learn from agrees with that assessment. He teaches In the second tutorial, four students the humanitarian world about creating some of the “hows” in his classes, which worked with the teachers to gather infor- an environment for [employee] loyalty take a case-study approach to looking at mation about how humanitarian organiza- to the cause. specific humanitarian organizations and tions measure performance. “This is a two-way street.” actual crises. The classes also address the Ernst and Hansch plan to lead more nuts-and-bolts of designing and imple- tutorials in 2003–2004, beginning with menting projects such as distributing food one that compares humanitarian and com- aid, delivering health care or installing a mercial logistics practices. With Fritz water system. Institute Managing Director Anisya The School of Foreign Service and Thomas, Ernst is co-editing the September the McDonough School courses cover issue of Oxford University’s Forced Migra- similar material but are structured differ- tion Review, which will focus on humani- ently, Hansch said. tarian logistics. And Ernst and Hansch are “We try to talk more about the busi- laying plans for a book, written with student ness side of foreign aid and the role of the assistance, about what Ernst described as corporate sector” in the McDonough “lessons to be shared” in nonprofit and School course, he said. “We can assume commercial logistics—“from Wal-Mart to more economic savvy among these stu- the World Food Programme and back.” dents and less political savvy.” “Many practices of the commercial The tutorials are designed to advance world could be used in the humanitarian what Hansch agrees is relatively sparse world,” Ernst said, “and the commercial Hscholarship in humanitarian logistics. world can learn a lot from the humanitar- ian world.”

Spring/Summer 2003 15 From Wall Street to Hollywood Boulevard

BY SUSAN CRITES PRICE

hen Richard L. Battista undergraduates, the law school and the (B’86) heard about George- business school collaborated in choosing Wtown University’s Wall Street 10 participants in the spring and 15 for the Alliance, he thought the same concept summer. When the application process could work within his own industry— was announced for spring, 50 students media and entertainment. As executive applied. As word spread about the value of vice president of the Fox Networks Group, the program, 100 applied for the summer. Battista knows well the difficulty of break- Next year, GEMA also plans to arrange a ing into his field without contacts. few summer-long internships. Georgetown University has a number Rising second-year MBA student of alumni holding key positions in motion Matthew P.McMahon (SFS’96) used his pictures, television, music and related busi- spring externship to make contacts and nesses. Last year, he discussed his idea with find his own summer internship with Fox some of those Georgetown graduates, and where he’s working on the launch of a new they agreed to join him in starting the cable channel focusing on action sports Georgetown Entertainment and Media and music. Alliance (GEMA). “We got a list of 400 to A Los Angeles native, McMahon 500 alumni in Southern California with earned a bachelor of science degree in ties to the entertainment industry,” Battista international politics from Georgetown in said. “We sent out an e-mail and got 220 1996. On a whim, he got an entry-level people signed up. It was an incredible yield.” assistant job at the Twentieth Century Fox GEMA is operated by a 21-member film studio and found he liked the enter- advisory board chaired by Battista and also tainment business. “I wanted to move into has a smaller honorary board of industry a more substantive position, and the MBA leaders. The organization has three goals, seemed like the best way to do that,” Battista explained: “The biggest is to facili- McMahon explained. “My biggest take- tate and foster career development for both away [from the externship] is that I want current students and for alumni” who want to be in television management and opera- to enter the industry or change jobs within tions.” The internship is exposing him to it. The second is to create a collegial social “operations, marketing and strategy.” and networking group. The third is to Access to contacts was a key benefit of strengthen alumni ties with the university the externship for LaSean T. Smith and Georgetown’s ties to the industry. (MBA’03), too. Now starting a production The new group’s first major initiative company with a partner, Smith already had was to launch a one-week externship pro- worked as a record producer and knows gram. The career development centers for first hand how difficult it is to break into the business without those contacts.

16 Georgetown Business Georgetown Alumni are Paving a Path of Stars Georgetown University Entertainment and Media Alliance

Board of Advisors

Richard L. Battista (B’86) Fox Networks Group Amy B. (Bosley) Baer (C’88) Columbia Pictures David L. Corwin (B’91) Metropolitan Theaters Corporation Kara (Godbout) Corwin (C’91) Walt Disney Company Stephen G. Dormer (L’98) Twentieth Century Fox Justin C. Falvey (B’90) Dreamworks SKG Steven H. Glick (B’80) William Morris Agency Evan L. Hainey (C’88) Untitled Entertainment Jacqueline (Marcus) Josephson (C’95) Montecito Picture Company Timothy I. Krass (B’76) Univision Communications Stephanie L. Leifer (C’90) ABC Network MBA students discuss the Georgetown Media and Entertainment Alliance with Battista Edward J. Murphy Jr. (C’89) at a Breakfast with the Dean on April 17. Tickets.com Left: Richard L. Battista (B’86). John M. Nuzzi (B’88) ABC Network Maidie E. Oliveau (I’74, L’77) Just before flying to Los Angeles for hopes to see GEMA chapters created in LawSports his externship, he got his itinerary with the New York and Washington, D.C. Mean- Steven J. Pena (L’81) names of industry people he would either while, the Southern California group is entertainment lawyer shadow or have one-on-one meetings with. Jeffrey S. Proctor (F’88) putting together a speakers series where KCBS/KCAL-TV “Almost every studio was on there,” he mar- alumni can hear from and connect with Regina Stewart (C’84) veled. “At that level, you can’t even get a call top industry leaders. “What I like about Co-Executive Producer, “Still Standing” TV Series through” unless you know someone. GEMA is that it works both ways,” Bat- Anne Thomopoulos (C’84) HBO Smith believes his MBA program will tista said. “Alums can be helpful, and it’s James F. Whitaker (C’90) make him valuable to his newly-formed also helpful to alums.” Imagine Entertainment GEMA contacts. “A lot of management McMahon observed that “a lot of Christopher T. Wood (C’89) positions have typically been creative folks, Georgetown people are at the Triple A and Actor and there weren’t a lot of strategy people,” Double A level and in the next few years Edward J. “Eddy” Yablans (C’88) ICM he said. “The skill-set MBAs bring to the will jump to the higher leagues and be table is becoming more recognized in the running these studios. I would love for Honorary Board of Advisors industry.” Georgetown to be a power player there as Anthony D. Thomopoulos (F’59) A future goal for GEMA, Battista we already are on Wall Street. I plan to do Former President, ABC Entertainment said, is to host its own gala to raise money my part once I graduate.” Barbara Bauer Parent for scholarships. More immediately, he Stuart J. Bloomberg (C’72) Former Co-Chairman, ABC Entertainment Kevin P. O’Brien (C’65) President, Meredith Broadcasting Group Maria Shriver (C’77) Television Journalist

Spring/Summer 2003 17 Financial Services Affinity Group Creates a Wealth of Opportunity

BY TOM PRICE

At first, Kadriene Sylvain didn’t realize there was anything particu- “It struck me that Georgetown’s presence in the financial ser- larly unusual about her Wall Street Alliance scholarship. Then she vices community was broad and deep,” Wright said, in explaining walked into the Alliance’s February 2002 Gala at New York’s why he proposed creating the Alliance. He thought Georgetown famed Plaza Hotel and found herself seated for dinner with should emulate other universities that “do extraordinarily well in National Football League Commissioner Paul Tagliabue (C’62). terms of fund raising and university recognition and, more impor- Sylvain, who starts her senior year at McDonough this fall, tant, taking students from those schools and getting them jobs in Adiscovered that “the gala is really special.” the community.” At the gala, the scholarship recipients “get to interact with the Higgins saw a “natural affinity group of alums, parents and [Alliance members] who go through so much to get the scholar- friends of Georgetown in the New York metropolitan area, and we ship to us,” she explained. “It’s been a really good networking expe- wanted to create an opportunity for these people to get to know rience, interacting with people at a high level, getting us ready for each other.” what’s available to us when we graduate.” The scholarship program has been the highlight of the Tagliabue “gave us his contact information,” and “we were able Alliance’s accomplishments, Higgins said. The three annual galas to e-mail back and forth” after the gala, she said. have raised more than $2 million for the scholarship fund, which At the gala this February, New York Stock Exchange Chair- will be supporting six undergraduate students this fall. As Sylvain man and Chief Executive Officer Dick Grasso was the students’ discovered, the benefits stretch far beyond the financial support, as star tablemate. He “sat with us and talked with us the whole time,” the students get to know the alliance members and take advantage Sylvain said. “He gave us his contact information, asked what we of mentoring, internship and job-search opportunities. wanted to do in the future, gave us advice on how to do it, told us how he got to the top.” Sylvain’s experiences illustrate how the Alliance has succeeded far beyond the founders’ dreams—“spectacularly,” in fact, in the words of one founder, William P.Frank (C’63), senior partner in the prominent cor- porate law firm Skadden, Arps, Slate, Meagher & Flom, LLP. Frank and two other men separately sug- gested establishing a Georgetown association in the financial services community in 1993. The others were James F. Higgins (B’70), senior advisor at Morgan Stanley, and Victor R. Wright (a parent of two Georgetown grad- uates), advisory director at Goldman, Sachs & Co., Inc.The Alliance came into existence in 1995 and has grown to a membership of more than 4,100 Georgetown alumni, parents and friends. Wall Street Alliance scholarship recipients with Georgetown University President John J. DeGioia and NYSE Chairman and CEO Richard A. Grasso at the Wall Street Alliance Gala in February. Left to right: Louis Ng, Ohn Choe, DeGioia, Grasso, Aiyu Ruan, and Kadriene N. Sylvain.

18 Georgetown Business Higgins said the university’s financial aid officers “have come McDonough (G’62), NBC financial journalist Maria Bartiromo up with extraordinary Wall Street Alliance scholars.” Alliance and Frank Zarb, former chairman and chief executive officer of the members relish the opportunity to meet the students, he said. National Association of Securities Dealers. Sylvain and Ohn Choe, who will be starting his third year this Alliance members serve as mentors for MBA candidates and fall, received the first two scholarships, which were awarded in the work with the campus career centers to help graduating students fall of 2001. Two more students received scholarships in the fall find jobs. And Alliance members enrich their own connections of 2002, Louis Ng, who enters his second year this fall, and Aiyu with their peers. Ruan, who will be a third year. Two more will begin receiving “It’s really helped create a lot of personal relationships,” support in 2003–2004 academic year. Higgins said. “I can say that, for myself and many other members, Three of the first four scholarship recipients are business we’ve really gotten to know lots of people in this affinity group.” students. Sylvain is a marketing and accounting major. Choe is It’s also “personally very gratifying” to watch students grow interested in international business. Ng plans to major in accounting during their internships, he said. and finance. Ruan is studying in the College and had not declared Helping the students and graduates gives the Alliance members a major. All are from New York City, but the scholarships are open “a chance to give back,” Wright said. “My feeling as a parent is, given to applicants from all Georgetown University schools from any what Georgetown has done for my daughters [ Jennifer (C’96) and geographic area. Samantha (C’99)], this is a chance for me to say thank you.” The Alliance’s networking opportunities extend beyond the Information about joining the Wall Street Alliance can be scholarship recipients to other students, graduates and the Alliance obtained from the Georgetown University New York Office, members themselves. 500 Fifth Avenue, Suite 1025, New York, NY 10110, or In addition to the gala, the organization sponsors two or three (212) 704-0884. other gatherings each year, often with a well-known speaker, such as New York Federal Reserve Bank President William J.

Wall Street Alliance Executive Committee

Joseph V. Amato (B’84) William P. Frank, Esq. (C’63) Daniel P. Paduano (C’66) Managing Director, Global Equity Research, Senior Partner, Skadden, Arps, Slate, Meagher Principal, Neuberger Berman Lehman Brothers, Executive Conference Center & Flom, LLP Stephen J. Paluszek (B’79) James L. Atwater (B’85) Michael J. Gibbons (C’60) Principal, Investment Manager, PRB Advisers LLC Senior Vice President, McDonald & Co. Securities, Inc. Managing Director, J.P. Morgan Chase & Co. Joseph W. Sprouls (C’72) Thomas L. Bianco (B’77) Thomas J. Healey (C’64) Division Head, Corporate Realty Services, Managing Director, Bear Stearns & Co., Inc. Advisory Director, Goldman, Sachs & Co. Citigroup, Inc.

Robert L. Billingsley (F’68) Peter H. Henderson (B’81) Robert H. Steers (B’75) Vice Chairman, Colliers ABR Inc. Vice President, Fleet-Meehan Specialist Chairman, Cohen & Steers Capital Management, Inc.

Arthur Calcagnini, III (C’85) James F. Higgins (B’70) Mary E. Taylor (C’83) Managing Director, Salomon Smith Barney Chairman, Individual Investor Group, Jason R. Trennert (F’90) Morgan Stanley Lloyd E. Campbell (B’79) Senior Managing Director, Investment Strategist Managing Director, Rothschild, Inc. Catherine R. Kinney (Parent) International Strategy & Investment Group Inc. President, Co-Chief Operating Officer, Executive Peter N. Crnkovich (B’78) Edmond D. Villani (C’68) Vice Chairman, New York Stock Exchange Managing Director, Morgan Stanley Dean Witter Vice Chairman, Deutsche Asset Management Lorraine A. Montero (F’68) Frank J. D’Ambrosio (B’77, Parent) John D. Wooters, III (C’75) Chief Administrative Officer, Neuberger & Berman Kevin J. Moynihan (C’71) Executive Vice President, MBNA America Bank First Vice President and Assistant General Counsel, Joseph Della Rosa (Parent) Edward M. Wolfe (C’88) Merrill Lynch & Co. Inc. Advisory Director, Goldman, Sachs & Co. Senior Managing Director, Bear, Stearns & Co. Inc.

Thomas M. Fitzgerald, III (B’80) Victor R. Wright (Parent) Managing Director, Goldman, Sachs & Co. Advisory Director, Goldman, Sachs & Co.

Spring/Summer 2003 19 GRADUATION 2003 Final Exercises

ot even the cold and rain could Assisting with awards, speaker intro- Undergraduate Program Coordinator dampen the spirits of the stu- ductions and academic hooding were Joseph B. Calizo, Academic Counselor Ndents, faculty, staff, family and Associate Professor Paul Almeida, Distin- Charles (Chip) Gurkin, Assistant Dean friends that turned out for Georgetown guished Teaching Professor Thomas B. Allison J. Schulz, and Assistant Dean Emily University’s 204th Graduation Exercises Cooke, John J. Powers, Jr. Professor of Zenick played important roles in organizing on May 16 to 18, 2003. Three hundred Finance William G. Droms, James the undergraduate ceremony. Assistant and forty-three undergraduate and 253 English, S.J., Associate Professor Jose Dean and Director of MBA Student Life MBA members of the Class of 2003 Guerrero-Cusumano, Visiting Instructor Maureen O. Hall and Associate Director of received their degrees during the week- Jacqueline F. Hoell, Assistant Dean Lisa MBA Student Life Juanita W. Arrington end’s ceremonies. Fifty one IEMBA grad- A. Kaminski, Associate Dean Ann-Mary coordinated the MBA Awards and Diploma uates received their degrees during a spe- Kapusta, Assistant Professor Jeffrey T. Ceremony. Associate Director of Executive cial ceremony on April 26, 2003. Six MBA Macher, Dean John W. Mayo, Professor Education Annette Allgood coordinated the students also earned a JD degree, one Douglas M. McCabe, Associate Dean IEMBA graduation ceremony. MBA student also earned a MSFS degree, Marilyn A. Morgan, Assistant Professor three MBAs also earned MD degrees, one Lee F. Pinkowitz, Professor N. Lamar MBA also earned a MPP degree, and nine Reinsch, Jr., Associate Professor Ilkka A. MBAs earned certificates in International Ronkainen, Visiting Assistant Professor Business Diplomacy. Betsy Page Sigman, John A. Largay Pro- fessor David Walker, and Professor Emeri- tus Othmar W. Winkler.

20 Georgetown Business Commencement Speakers

David H. Langstaff, President and Chief Executive

Officer of Veridian Corporation, addressed

IEMBA graduates on April 26, 2003.

“As you think about how you define success for yourself, and the business or enterprise you lead or will lead define it in such a way that you answer the question this

Robert J. Shiller, Stanley B. Resor Professor of The Honorable José A. Fourquet (C’88), way. Your definitions of success need to, Economics at Yale University and best-selling author United States Executive Director of the in some way, include trying to address of Irrational Exuberance and The New Financial Order, Inter-American Development Bank, delivered delivered the address at the undergraduate the address at the MBA Awards and Diploma the problems and challenges we face as Commencement ceremony on May 17, 2003. Ceremony on May 16, 2003. one world.”

“The period of disruption and hesitation “You will have the power to change that we are now in can set the stage for a the world and bring more good rapidly advancing economy in the future. to those that need your help.” Each of you graduates has the potential to play a role in this change.”

Spring/Summer 2003 21 2003 Student Awards Gannett Award for Academic Excellence Dean’s Citations Georgetown MBAs in Negotiation, Arbitration and Celebrate Academic Excellence Labor Relations with Honors Undergraduate Zekeera A.K. Belton Undergraduates Vinoda B. Basnayake The MBA class of 2003 is the first to Houston Accounting Achievement Award William J. Usery Award for Academic Zekeera A.K. Belton graduate with honors, since the Excellence in Negotiation, Mediation and Ryan J. Miller Richard E. Bennett II Conflict Resolution Provost and the Dean of the Graduate Jamillah E. Bowman Accounting Recognition Awards Michael M. Gerhardt II School have approved a proposal to Cheryl C. Cort Jennifer E. Bradley begin awarding degrees “with distinc- David R. Ettingoff William J. Curtin Award for Academic Lauren M. Cardoni Daniel S. Helwing Excellence in Domestic and International Matthew J. Carullo tion” and “with high distinction” to Brian J. Musto Employee Relations Maurice M. Castellano III the top 10 percent and top five percent David A. Rossi Dana L. Omahen Nok Duany of each graduating MBA class. David R. Ettingoff Christopher T. Slechta Marketing Research Award Bryan D. Evangelista Marissa A. Szczepaniak Kenneth S. Kang Xanthos G. Vrachas Patrick J. Ferguson Marketing Scholar Award Michael M. Gerhardt II William Boone Finnerty Award Robert M. Nelson, Jr. Gillian C. Hearst-Shaw for Academic Excellence in Finance Trenton S. Hillier Saunders & Company International Ryan J. Miller Melisa F. Hoffman Business Award Erin C. Lenahan Award for Achievement in Corporate Justin L. Portaz Finance Marc R. Lohser Joseph F. Panarelli, Jr. Saunders & Company International Edward M. Miller Marketing Award Jacinda M. Oberdick NASDAQ Educational Foundation Award Jennifer E. Bradley Joseph F. Panarelli, Jr. Dana L. Omahen Stephanie M. Prechter Georgetown University Alumni Association Leah D. Raber Award for Achievement in Investments Recognition Award Tariq R. Riebl Brian R. Griffiths Irina Adler David A. Rossi Faculty Awards Award for Achievement in Financial Services Delta Sigma Pi Scholarship Key Award Katherine A. Ruth Reena P. Tilva Scott D. Gardner Victor E. Samnick The IEMBA Outstanding Jay Tuli Eliza M. Scheibel Dean’s Award for Academic Excellence Teacher Award Allison M. Snyder Award in Finance for Scholarship and Service Ryan J. Miller Associate Professor Paul Almeida Brian J. Musto Wickliffe M. Stanwick Marissa A. Szczepaniak Othmar W. Winkler Award for Excellence Marissa A. Szczepaniak The Ronald L. Smith in Community Service Michael Wieczorek Distinguished MBA Service Award Wall Street Journal Award Zekeera A.K. Belton Laura R. Wilkicki Executive Professorial Michael J. Fabiano Michael O. Williams Lecturer Kenneth E. Homa Reverend Joseph S. Sebes, S.J. Award Robert D. Wingate-Robinson Deloitte & Touche Award for Academic Stephanie M. Parker The Distinguished MBA Teaching Award Excellence in Global Human Resource MBAs Associate Professor The Robert A. Duffy Scholar-Athlete Award Management Colleen M. Arons William M. Emmons, III Jamillah E. Bowman Alison M. Hager Julia L. Brys Faculty Research Award Emilio A. Bunge Federal Mediation and Conciliation Assistant Professor MBA Aitor Cohrs Service Award for Academic Excellence Rohan G. Williamson in Negotiation, Mediation and Alternative Luca Equizi Dispute Resolution Graduate Award for Academic Excellence Gary Gastel Joseph F. Le Moine Award Seth K. Gaffney Joan E. Green and Jonathan M. Patrick M. Gray for Undergraduate and Graduate Josephs Risha G. Hess Teaching Excellence Gannett Award for Academic Excellence Sergio Iranzo Professor Douglas M. McCabe Daniel Walker McNeal Service Award in Human Resource Management J. Clifford Johnson III Colleen M. Arons Dean’s Distinguished Service Award Scott M. Weiss Makoto Kasai Associate Professor Andrew H. LaVanway Elaine Romanelli IEMBA Jesse A. Mejia Stephen C. Merchant Dean’s Award for Excellence Award for Academic Excellence Scott P. Rempel in Adjunct Faculty Teaching David Chavern Stephen E. Rossi Adjunct Lecturer Avinash Sahi Craig S. O’Connor Michael J. Sheehan LaSean T. Smith Ryung Suh Mito Tsukamoto Valentin L. Valderrabano

Twenty-eight undergraduate, 53 MBA, and 11 IEMBA students were inducted into Beta Gamma Sigma, the national honor society for accredited business schools. 22 Georgetown Business FACULTY Achievements

Professor Reena Aggarwal chaired a ses- Professor Robert J. Bies was appointed to Associate Professor Thomas L. Brewer sion on IPOs at the American Finance the editorial board of the Journal of Orga- spent his sabbatical term pursuing his Association Annual Meetings in Washing- nizational Behavior and was named a Con- research on business strategy issues and ton, D.C. in January 2003. She also partic- sulting Editor for the Journal of Applied government policy issues related to global ipated in the NYSE/Stanford Conference Psychology. Professor Bies published two warming, focusing on analytic models of on Entrepreneurial Finance and IPOs in articles in top tier academic journals. how firms respond to global warming Half Moon Bay, Calif., in March 2003. At “Poetic Justice or Petty Jealousy? The Aes- issues, U.S. government policies, and the the April 2003 World Bank, IMF, Brook- thetics of Revenge,” Organizational Behav- nexus of the multilateral climate and trade ings Institution Conference on “The ior and Human Decision Processes, 89: 966- regimes. He has also been making presen- Future of Domestic Capital Markets in 984, co-authored with Thomas M. Tripp tations to conferences based on his research. Developing Countries” in Washington, of Washington State University and Karl He made presentations in London at the D.C., Professor Aggarwal presented “Cap- Aquino of the University of Delaware, Royal Institute of International Affairs ital Market Development and ‘Nurturing’ examines the aspects of revenge that peo- (Chatham House), in Toyko at a confer- the IPO Market.” She also served as a ple find pleasing or even poetic. “Commit- ence sponsored by the Cabinet Office panelist at the U.S. Securities and ment to Legal-Claiming: The Influence of Economic and Social Research Institute of Exchange Commission’s April 2003 Inter- Attributions, Social Guidance, and Orga- the Government of Japan and in Brussels national Institute on Policy Frameworks nizational Tenure,” Journal of Applied Psy- at the Centre for European Policy Studies, for Capital Market Development in chology, 87: 781-788, co-authored with where he is an associate fellow. Washington, D.C. In May 2003, Professor Markus Groth and Steven W. Gilliland of Associate Professor Michael R. Czinkota Aggarwal was a panelist at the NASD’s the University of Arizona and Barry M. presented “U.S. Manufacturers in the Spring Securities Conference on Current Goldman of the Australian Graduate Global Marketplace: Market Share Issues in Investment Banking, in Holly- School of Management, looks at the factors Changes, Vulnerabilities, and Policy Chal- wood, Fla. She presented “Portfolio Pref- that shape an individual’s decision to file an lenges,” before the 108th Congress House erences of Foreign Institutional Investors” EEOC claim for wrongful discharge. of Representatives Committee on Small (coauthors Leora Klapper, World Bank Professor George G. Brenkert presented Business in April 2003. Professor and Peter Wysocki, MIT) at a series of “Marketing and the Ethical Environment Czinkota provided an overview of the conferences and institutions, including the of Business” at the American Marketing changing export and import flows of U.S. Fortis-Georgia Tech Ninth Annual Con- Association Educator’s Conference in manufactured goods in the global econ- ference on International Finance (April), February 2003 in Orlando. Professor omy, offered thoughts on the possible American University (April), University of Brenkert was one of two presenters dis- repercussions of these changes, and made Texas-Austin AIM Investment Center cussing Verner Petersen’s book, Beyond suggestions for policy consideration. Conference (March), and Pennsylvania Rules in Society and Business, at the Associ- State University (March). Assistant Professor Robin Dillon- ation of Practical and Professional Ethics Merrill has been selected as a fellow by a Professor Alan R. Andreason was invited in Charlotte, N.C. in February.The title faculty panel of the National Science to give the opening plenary address to the of his presentation was “The Erosion of Foundation to participate in the sponsored 2003 European Marketing Academy Con- Individual Responsibility and Practical program, “Enabling the Next Generation ference in Glasgow, Scotland in May 2003. Crusaders.” of Hazard Researchers.” The program will The conference is attended by about 400 consist of a two-year series of workshops, academics and others from all over Europe tutorials, and discussions focusing on prac- and the United States. tical advice about research initiation and

Spring/Summer 2003 23 FACULTY

A nies. Kraemer also presented “An Assess- ment of the Present and Future State of the chievements Television Broadcasting Industry” at the National Association of Broadcasters April conference in Las Vegas.The paper offers key findings on strategic issues confronting research proposal development for social important question of whether or not the the television industry in the United States science research addressing hazards and nation wishes to transform healthcare from and is derived from Professor Kraemer’s extreme events. The Center for Business a service provided to the privileged to a research for a book on the subject of and Public Policy sponsored Dillon-Mer- universally available service provided based electronic media. rill’s application to the fellows program. on a constitutionally defined right. Assistant Professor Jeffrey T. Macher is John J. Powers, Jr. Professor of Finance Assistant Professor Ivo Ph. Jansen pre- the author of “Managing Learning by William G. Droms co-authored a paper sented a paper entitled “Economic and Doing: An Empirical Study in Semicon- entitled “Assessing Risk Tolerance for Accounting Determinants of Residual ductor Manufacturing,” Journal of Product Asset Allocation” in the March 2003 issue Income” at the University of Tilburg in the Innovation Management (forthcoming) of the Journal of Financial Planning. His Netherlands in March. Jansen also pre- with co-author David C. Mowery of the coauthor is Steven N. Strauss, President of sented “Are Changes in Asset Turnover Walter A. Haas School of Business at the Strauss and Company, CPAs in St. Louis, Informative about Earnings Manage- University of California Berkeley. Macher Mo. The article proposes a new approach ment?” at the third annual Utah Winter also is the recipient of a grant from The to using risk tolerance questionnaires that Accounting Conference at the University McDonough School’s Center for Business offers a unique solution to dealing with the of Utah in February.The paper is a joint and Public Policy to investigate manuf- Associate Professor Teri Yohn impact of time horizon on risk tolerance. work with . acturing strategies in the pharmaceutical Associate Professor Allan C. Eberhart pre- Associate Professor Bardia Kamrad,in industry and their relationship to FDA sented “An Examination of Long-Term conjunction with colleagues from North- oversight and enforcement actions. The Abnormal Stock Returns and Operating western University, the University of Cali- grant amount is $10,000 per year for Performance Following R&D Increases” at fornia at Los Angeles and University of three years. the University of Maryland Finance Sym- Maryland, organized the Seventh Annual Professor Douglas M. McCabe served on posium, joint with the Financial Eco- International Conference on Real the Editorial Board for the 2002 Global nomics and Accounting Conference, in Options, which will take place at George- Business and Technology Association November 2002. The article, which he co- town University in July.The conference International Conference. He also made a authored with Assistant Professor Akhtar brings together academics and practition- presentation titled “International Business Siddique ers at the forefront of the real options revo- and William Maxwell (Univer- Negotiations” for the joint International lutionary valuation technique, and features sity of Arizona) is forthcoming in the Jour- Business Certificate Program of George- presentations of theoretical and applied nal of Finance. Professor Eberhart’s article, town University and the Universidad de work, expert panel discussions, and experi- “Alternative Industry Classifications and Monterrey. Furthermore, he was asked to ences from academe and corporations the Valuation of Equity” is forthcoming in chair a session at the Fifth International across a wide variety of industries. Finance Letters. Symposium on Catholic Social Thought Adjunct Professorial Lecturer Howard H. Adjunct Professor Joseph S. Kraemer and Management to be held in Bilboa, Haft published “Is Healthcare a Right or presented “An Executive Perspective on Spain. Additionally, he presented “Becom- Privilege?” in The Physician Executive (Vol. Business Strategy” at the University of ing a Powerful Negotiator” at the Fort 29, pp. 26-29), the journal of the American Southern California’s “Shaping the New Lauderdale Alumni Club as part of College of Physician Executives. The arti- Telecom and High Tech Industries” con- Georgetown’s Faculty Ambassador Program, cle describes the evolution of the financing ference in February 2003 in San Diego. and he presented “Strategic Human of the U.S. healthcare system from the mid Professor Kraemer also moderated the lead Resource Management” at the Glass 1800s through the present. Haft raises the panel at the conference, which consisted of Management Institute of the National executives from technology-based compa- Glass Association in Tampa, Fla.

24 Georgetown Business Professor Marcia P. Miceli co-authored and P.Bobko. Tinsley is the co-author of “What Makes Whistle-Blowers Effective? “The Influence of Organizational Culture on Three Field Studies” with Janet P.Near Negotiation Strategy,” Professional Cultures in (Kelley School of Business at Indiana International Organizations (Laxenburg: University) in the April 2002 issue of International Institute for Applied Systems Human Relations. Analysis, 2003) with J. Grube.

Professorial Lecturer in Management Assistant Professor Jeanine W. Turner is and Clinical Professor of Medicine William the co-author of “Media Attitudes vs. J. Oetgen co-authored “The Business Case Media Use: Understanding the Contribu- for Patient Safety,” forthcoming in The tion of Context to the Communication Physician Executive, with Phyllis M. Oet- Environment of Telemedicine Interactions,” gen, editor of Patient Safety, the newsletter Health Care Management Review, 28 (2), p. of the Department of Defense Patient 7-18 (2003). Professor Turner’s co-authors Safety Center. He also presented “Business are James D. Robinson (University of Day- and Medicine: The Joint MD-MBA ton), Alan Neustadtl (University of Mary- Degree Program at Georgetown Univer- land), and Adil Alaoui, James Winchester, sity,” at the first national MD/MBA Con- Betty A. Levine, Jeff Collmann and Seong ference for Program Directors at the Uni- K. Mun, all from the Georgetown Univer- versity of California Irvine. The sity Medical Center. Health Care Manage- presentation discussed the history, current ment Review is a top-tier journal in the status, and future goals of the five-year healthcare management arena, and joint MD-MBA program at Georgetown Turner’s article will be the lead. The University, and it compared other MD- research project that is the subject of the MBA programs currently being offered at article was funded in whole by the other medical and business schools in the National Library of Medicine and explores United States. the variation in patient and practitioner attitudes towards telemedicine interactions Visiting Associate Professor Michael P. via videoconferencing technology with Ryan spoke at the U.S. Patent and Trade- their actual use data. mark Office conference on “Intellectual Property,Technological Innovation, and Professor Emeritus Othmar W. Winkler Economic Growth,” in Sofia, Bulgaria in was invited to present some of his ongoing April 2003. He was also the keynote speaker research in business and economic statis- at the “Technology and its Role in Devel- tics, which he taught at The McDonough opment” conference held by the Royal School for 32 years, at the 54th Session of Higher Council for Science and Technol- the International Statistical Institute (ISI), ogy in Amman, Jordan in December 2002. which will meet in Berlin in August 2003. Professor Winkler’s paper is entitled, “A Adjunct Professor Marc B. Sherman gave a Different Approach to Changes in Prod- speech entitled “Post Enron—If Earnings uct Quality and Price.” As a member of Management is Suspected?” at the 77th ISI, Winkler has presented papers at every Annual Convention of the National Bar session. The last session of ISI convened in Association in September 2002. Seoul, South Korea in 2001. Winkler has Associate Professor Catherine H. Tinsley also been active in undergraduate program co-authored “Cross Cultural Variance in admissions at the McDonough School. Goal Orientation and their Effects,” Applied Psychology, April 2003, with C. Lee

Spring/Summer 2003 25 The McDonough School: Committed to Building our Alumni Strengths

The collective efforts of the entire McDonough School community have earned the school a place among the top tier of business schools in the U.S. and abroad. Our alumni, faculty, students, staff and corporate partners have all played a vital role in our success over the years. Our challenge today is to build on our successes and continue to grow, and we continue to rely on the collaboration and assistance of our alumni. Here are some of the ways you can help.

Undergraduate Program MBA Program IEMBA Program Internships Advertise an available full- Internships Advertise paid summer Open House Host an IEMBA admis- time or part-time internship in your orga- internships for MBA students with your sions open house for employees at your nization. Contact Mike Schaub, MBNA organization. Contact Jim Dixey, Assistant organization. Contact Lisa Kaminski, Career Center, [email protected], Dean, [email protected], (202) 687-3745, Assistant Dean, [email protected], (202) 687-6288. or Amy McNamara, Assistant Director (202) 687-2691. for Employer Development, agm4 Jobs Recruit exceptional seniors for Opening Residency Volunteer your @georgetown.edu, (202) 687-9371. full-time employment. Use online job multinational corporation to be a consulting postings, conduct on-campus interviews, Jobs Hire a Hoya! Recruit Georgetown project for an IEMBA Opening Residency. or facilitate a company presentation. Con- MBAs through on-campus or online Contact Lisa Kaminski, Assistant Dean, tact Mike Schaub, MBNA Career Center, recruiting. Contact Jim Dixey, Assistant [email protected], (202) 687-2691. [email protected], (202) 687-6288. Dean, [email protected], (202) 687-3745, or Amy McNamara, Assistant Director Executive Education Mentors Program Supplement knowl- for Employer Development, agm4 Partnerships Make the connection to edge gained in the classroom with your @georgetown.edu, (202) 687-9371. the decision maker at your organization experience as a practitioner by serving as a for executive education offerings. mentor. Contact Ann-Mary Kapusta, Speakers Volunteer to speak to MBA Contact Lisa Kaminski, Assistant Dean, Associate Dean, [email protected], students through Career Management [email protected], (202) 687-2691. (202) 687-3851. or student clubs, or organize or serve on a panel within your areas of expertise. Congressional Staff Forums Sponsor Oxford Program Help undergraduates Contact Jim Dixey, Assistant Dean, forums on international trade, and help understand business beyond the U.S. per- [email protected], (202) 687-3745 or complement our existing programs with spective by hosting undergraduates at your Toni Della-Ratta, Associate Director General Electric. Contact Lisa Kaminski, organization during the summer program for Counseling and Career Education, Assistant Dean, [email protected], at Trinity College, Oxford. Contact [email protected], (202) 687-7246. (202) 687-2691. Ann-Mary Kapusta, Associate Dean, [email protected], (202) 687-3851. Public Policy Forums Sponsor a day-long public policy forum on special topics such as intellectual property, healthcare, deregulation, safety issues, or doing business in a special geographic area. Contact Lisa Kaminski, Assistant Dean, [email protected], (202) 687-2691. Alumni Notes

UNDERGRADUATE

‘70 ing chief financial officer since November 2002, and she has James F. Higgins, Senior Advi- ‘79 also previously served as the sor to Morgan Stanley, was company’s vice president and elected to the Boards of Direc- REUNION treasurer, chief financial officer tors of AXA Financial, Inc. and 2004 of American operations, vice of its subsidiary,The Equitable president and corporate con- Life Assurance Society of the Terrence K. Mangan was troller, and director of financial United States. In addition to his appointed to Senior Vice Presi- We encourage all business operations. Dendrite Interna- role as senior advisor at Morgan dent for Investor Relations at school alumni—undergraduate, tional, Inc. provides sales force Stanley, Higgins is also a mem- Webster Financial Corporation. effectiveness and customer rela- MBA, and executive MBA— ber of the Board of Directors of Prior to joining Webster, the tionship management solutions the Morgan Stanley Fund fam- holding company for Webster to send us or your class agents for the health care industry. ily, the company’s principal asset Bank and Webster Insurance, class notes. We do not accept management business. Higgins Mangan held a variety of corpo- ‘83 engagement or pre-birth serves on the Board of Advisors rate finance and business devel- Thomas M. Galvin was named for the McDonough School of opment positions during a 21- announcements. President and Chief Investment Business and is a founder of year career with J.P.Morgan Officer of U.S. Trust’s large-cap Georgetown University’s Wall Chase and three of its predeces- growth division, Campbell, Street Alliance (See story on sor organizations. Cowperthwait. U.S. Trust is a page 18). ‘82 wholly-owned subsidiary of The Charles Schwab Corporation. Kathleen E. Donovan was Galvin also serves on the Board appointed Chief Financial Offi- of Advisors to Georgetown Uni- cer at Dendrite International, versity’s Wall Street Alliance. SPOTLIGHT Inc. Ms. Donovan has been act-

Rottenberg Named President the creation and launch of a number of MILCOM affiliates, including of MILCOM Technologies NanoSteel and TelASIC Communications, and the fundraising and business

MILCOM Technologies, Inc. named development efforts of many other affiliate companies.

Jason Rottenberg (B’92) as its Rottenberg is a member of the board of directors of Theseus Logic president. He was previously vice and Softmountain and serves as Chairman of the Board of Directors of president of business development. The Nanosteel Company. Prior to MILCOM, Rottenberg’s professional MILCOM Technologies, which is funded by investors such as APAX experience includes positions with Microsoft, Arthur Andersen, and Partners, BancBoston Capital and Motorola, conceives, creates, capital- Muse Ventures and participation in the launch of numerous technology izes, and launches new ventures in partnership with leading research businesses. He graduated from Georgetown University with a bachelor and development sources. The company is located in Maitland, Fla. of science degree and earned an MBA with highest distinction from

Rottenberg first joined MILCOM in early 2000 as executive director of Harvard University’s Graduate School of Business, where he was named

strategic research and later became its vice president of marketing and a George F. Baker Scholar.

business development. During his tenure, he was a key contributor in

..Spring/Summer 2003 27 Alumni Notes PROFILE

Alumnus Honored for Distinguished Service at John Carroll Awards ‘91 undergraduate and went on to Ismael H. Herrero III (B’82, L’85) received a John Carroll Award from become a vice president at Arthur J. Shannon joined FPL Georgetown University at its John Carroll Awards Weekend in April in Goldman, Sachs & Co., before Group, Inc. as director, investor San Juan, Puerto Rico. The awards weekend is organized by the leaving in 2000. “We hope to relations. He will have overall open up a world of opportuni- Office of Alumni and University Relations and the Alumni Association. responsibility for communica- ties for students who would tions with institutional investors Each year alumni, friends and community members gather to award otherwise be unable to meet the and security analysts, as well as alumni and others who have distinguished themselves in service to cost of matriculation at George- shareholder relations activities. town.” the university and their communities. In addition to the awards pre- Shannon worked for four years in Georgetown University’s Mohammed Dewji was profiled sentation, the activities included panel discussions and historic tours accounting department after he in the Dar es Salaam’s Business with faculty members, cultural outings and meetings of various on March 11 for his suc- earned his bachelor of science Times Georgetown Board of Regents committees. degree in finance. FPL Group is cess as chief executive officer of Mohamed Enterprises Tanza- a provider of energy-related Herrero is an attorney specializing in bankruptcy, real estate and products and services with nia Limited, one of the largest annual revenues of more than groups of companies in East mortgage law. He is president of the Georgetown Club of Puerto Rico $8 billion. Africa. and co-chair of this year’s John Carroll Awards Weekend. He is a mem- ‘98 ber of the Board of Regents, an emeritus council member of the Hoyas Unlimited Board and an alumni senator. In 2000, he was Emily Chen Carrera and her ‘99 husband, Chris, are supporting awarded Georgetown’s William Gaston Award. He has coached crew REUNION undergraduate financial aid with on the Hilltop and has been an Alumni Admissions Program inter- a $500,000 gift—$100,000 for 2004 viewer for the past 20 years. the Third Century Scholarship Fund and $400,000 for the John Heidi Christine Benny was Carroll Scholars Program, married to James John Zenyuh which provides academic, lead- on Oct. 5, 2002 in Wellesley, ership, and community service Mass. Benny works in market- opportunities for Georgetown ing and sales, and the couple University’s most talented stu- lives in Harrisburg, Pa. dents. “Chris and I believe that investing in people achieves the best returns,” says Chen Car- In Memoriam rera, who received financial Eric James Bayreuther (B’00) assistance as a Georgetown

Moved? New job or promotion?

Update your own profile or search thousands of undergraduate, MBA and international executive MBA alumni by geography, industry, program, year of graduation, position or other criteria at http://alumni.georgetown.edu. Ismael H. Herrero III (B’82, L’85) with Georgetown University President John J. DeGioia during John Carroll Awards Weekend.

28 Georgetown Business by visitinghis Web siteat pi ,2003. 3, April on Sophia, of theirdaughter, Ricardo and Ricardo ‘88 Ivy Cohen www.tigerhoya.com James S.Murphy ‘86 Web site, contact Cohencan through her You aster managementeffort. aglobaldis- tolaunch Service, ofForeignUniversity’s School and Georgetown Fritz Institute, the tion herclient, between community through collabora- reconnected withtheHoya recently She sectors. technology consumer and national trade, ofherworkMuch iswithinter- FranciscoSan andNew York. issuesfromorganizational both communications and branding, andprograms for strategies now provides with executives Communications, Corporate IvyCohen Herfirm, Fund. of executive chief The Abraham asAmi becomes Ami Nahshon, York withherhusband, City at You contact Murphy can sea. and rail byroad, ofcargo types all ofcarrying capable carriers sales ofacomplete lineoftank toinclude ofservices its range The company expanded recently worldwide. financing forclients provides equipment industrial THCC (THCC) in1998. Inc. Hoya Commercial Credit, Cruz) Ernst Cruz) Ernst MBA [email protected] www.ivycohen.com has relocatedtoNew announce thebirth Isabel C.(dela created Tiger

. MBA or . Christine Campe-Price Dave Burke George Coundouriotis [email protected] Class Agent:LorraineHerr ‘90 ters IsabelandColette. with husbandJason anddaugh- Minn. in Inver Grove Heights, husband Cris residehusband Cris inFalls Nearby, the landofmidnightsun. in theirsixthyear celebrating are They andConnor. Whitney with Cathy andtheirchildren, l o,Ae,isacutiepie. Alex, old son, Their5-year- well. doing very businessandis glass jewelry Val hassetupa three businesses. 2002 andisworking on hisown attheendof America corporate Georgeleft movedthey in1999. where Ga. reside inAtlanta, Peter andEliza. with husband,Cris,andchildren, Christine Campe-Price(MBA’90) and family. Jane AshtonHawes(MBA’90) Beth LaboeEdgar ie nS.Paul inSt. lives and her and Val lives Emerson andHolden. theirsons, after shape chasing andMichael stay in Lorraine inChicago.marathon thisfall herthird torun istraining She ings ExpoinBaltimore inApril. Cover- International Window Her work isshowing atthe draperies. design andfabricate when itiscomplete. beagreatwill resource learning Itisahugeproject and yard. and bogintheschool’s court- tobuildalargepond an effort isalsocoordinating She school. atthekids’ volunteering actively children andkeepsbusyby tinues tostay home withtheir con- Christine Peter andEliza. withtheirchildren Va. Church, Lorraine Herr John Anderson raising their two children. theirtwo raising stay busy HeandMyra Boston. in Insurance Life John Hancock Myra andtheirtwodaughters. John Anderson(MBA’90) with wife Beth LaboeEdgar(MBA’90). Jason, Isabel,Collette,and continues to is aDirector at ..(along withfellow alum N.Y. Ironman Placid, inLake race completeding lastyear hisfirst hav- intriathlons, involved still He’s California. ties innorthern citiesandcoun- asvarious well as ofCalifornia, with theState working on publicfinanceissues Government BankingGroup managerinthe aclient currently Heis cisco forBankofAmerica. Fran-ing andworking inSan 2003. on wasborn March 8, Hewitt, Justin Matthew Their firstchild, years). makefive October will (this toGeraldine married andis Branch), Jamaica ( N.A. PresidentVice ofCitibank, h ahntn ..Chapter D.C. the Washington, HeisPresident of nonprofits. inseveral involved passionately Tom is work, to hisfull-time Inaddition June16–17). D.C., (Washington, banes/Oxley Sar- 2)andMastering 1– May Retention (New York, &Document tronic Discovery Elec- 8–9), April D.C., ton, (Washing- Homeland Security of ing withtheDepartment Contract- March 27–28); York, in Employment Cases(New Issues Evidentiary team include: ofproducingcharge withhis ences Tom’s beenin recently Confer- Spring. based inSilver &Fischer Pike BNA subsidiary although Tom works inthe vices company basedinD.C. $310 millioninformationser- BNA isa conferences group. of theBNA/Pike &Fischer andDirectorGroup Publisher Doug Meckelnburg Wayne Hewitt [email protected] Class Agent:Jordan O’Neill ‘93 [email protected] Class Agent:MaryPatBlaylock ‘91 Thomas K.Billington Andrew Blum Spring/Summer 2003 Spring/Summer ). is still aResident is still is (still) liv- is (still) is now the 29 Lisa Mitiguy Annual Report skit about him Alumni Notes ([email protected]) writes: very fondly. I am teaching part- “Honestly, I must get the award time. Since I left AOL about 4 for ‘most boring life.’ I still have 1/2 years ago, I’ve mostly stayed the same job (Ernst & Young), home with my two daughters, I still live in the same city Elana (6) and Talia (4). I also did of the Newsletter and Electronic I took on the responsibilities of (Washington, D.C.), and I still a bit of consulting on the side for Publishers Association (NEPA) running all international opera- have the same marital status Discovery Channel.” (single). On the other hand, and is arranging nine luncheons tions for Yahoo!’s Enterprise Elizabeth Mily (elizabeth.mily I have had some great travel with CEOs, publishers and pres- Solutions division, which means @gs.com) and Frank Manzella

getaways this year (skiing in A idents as speakers. He is also I spend a fair amount of time in (Fmanzella@Asante Partners.com) Breckenridge in minus 14 chairing the Centennial program Europe and Asia. It gives me a write that they have been socially degrees; tromping around at All Saints Church, where he great excuse to see my parents in active. Frank writes: “In the Australia; drinking vino in Italy) also serves on the Vestry.The London and see Simon Black. small world category, I don’t and I dance a mean salsa. But centennial program includes a know if I’ve told you that Carol As always, my email list is pretty truthfully, I don’t have a lot of year-long capital campaign and Ann and I have become quite good but by no means compre- info for a newsletter update. four outreach service projects friendly with Elizabeth Mily! hensive and accurate. Please feel Me, Alona Ponomareva, Adam including Habitat for Humanity. Some of my colleagues are free to email me with updated Struve, and a few others will Most importantly, he and his ex-Goldman Sachs and they contact information — it’s be getting together with Ryuta wife and child are most proud of met Elizabeth through the firm. always great to hear from every- Sato at the Tombs in a couple the new entrant to their house- She’s come to a variety of our MB one. See you in 2004. of weeks. (Ryuta will be in the hold: a Bichon Frise puppy firm events and this Friday we States on business.) We’ll raise named Nicky! He’s house Shubber Ali (Shubber.ali (Carol Ann and I) are going to a cup to the ol’ alma mater.” trained, fortunately, and is learn- @rossgroup.com) is now a princi- have dinner with her in New ing basic tricks. Tom would love pal in a small consultancy called Nina Bronk Kellner York at a restaurant called Blue to hear from classmates. Ross Group based in the United ([email protected]) writes: “I Smoke, where one off Elizabeth’s States and Australia. He’s doing am currently an Adjunct Faculty closest friends is a manager.” a lot of traveling, but tells us he’s for Columbia Union College’s Dave Goldberg (david_goldberg ‘94 always enjoyed that. MBA program in Maryland. I @choicehotels.com) writes: “All is am teaching Marketing Man- From Robin (Greene) Kerr well with me. Sam and Zoey REUNION agement. I have new respect for ([email protected]): are great; Sam is 5 and in kinder- 2004 our professors for all the work “As you can tell, I did finally garten, Zoey is 3 next month. they did to put a class together marry Tom (whom I’m sure you They are both excellent kids and Class Agent: David Gee and make it seem to move so remember)! I wanted to drop a lot of fun. Things are also good [email protected] effortlessly. In fact, several you a line since I’ve been so neg- here at Choice (of course, it’s not Georgetown MBA professors, Hi everyone. By the time you ligent in keeping in touch since the best time ever in the hotel Bob Thomas, Ron Goodstein, read this, we’ll have been gradu- graduation. We also are lucky to industry, but we are weathering Sandy Milberg and Marlene ates of the business school for have two beautiful girls. Kaitlin it quite well). In addition to my Morris, helped me put my class nine years. It seems like only yes- Rain was born Sept. 12, 1999, strategy job, and my sales and together. While at Georgetown, terday.This also means that next and we just welcomed Christine development job (helping to I also saw Bardia Kamrad and summer will be 10 years and Autumn into the world on Sept. run our franchise sales efforts), Douglas McCabe. Professor time for a reunion. I presume the 23, 2002. They are a joy! I’ve also taken over some finance alumni association is planning McCabe still remembers our “I am still at Accenture (for- functions (billing/collections, something formal. I’m looking merly Andersen Consulting). I for a volunteer to act as the moved away from the travel reunion supervisor. demands of the consulting world In this edition, I heard from a a few years ago and into the couple of folks who I haven’t internal world of human We encourage all business school alumni— heard from in a number of years resources and operations. We are undergraduate, MBA and international executive MBA— (Shubber, Robin, Sandeep, putting down roots in a little Drew and Luis), which is terrific, town way, way outside of Boston to send your class notes and photographs to us or and from a couple of folks who called Hopkinton where the to your class agents. We do not accept engagement are now teaching and or writing Boston Marathon begins!” or pre-birth announcements. text books. Send your news to [email protected].

30 Georgetown Business credit, A/P,treasury, risk manage- plant here and a plant in Wis- PROFILE ment). Makes for an interesting consin that make really elaborate day; I like all the new challenges, sound-absorbing wall and ceil- Dialing into the Hispanic Market and really like the people I ing systems. Still doing plenty of U.S. Hispanics who call customer service numbers and request Spanish are work with.” outdoor sports. Finally gave in often frustrated by the level of and switched to snowboard as Liz Coustan Rabinowtiz Spanish provided. Mexico native my snow-sliding apparatus of ([email protected]) writes: Alberto Fernandez (MBA’99) dis- choice after 30+ years of skiing. “We’re still in Chicago—living covered this when he moved to Classmates that I have spotted in Wilmette which is the suburb the United States to study in in the last year or so include Ron just north of Evanston with Georgetown’s MBA program. Drozd, Win Chan, and Ryuta daughter Maya who’s 3½. Ben Sometimes the Spanish was so Sato. Have been in contact with is well. He’s still working at unintelligible he’d ask to be trans- Marc (the Tuscan land baron) AudioCodes, an Israeli telecom ferred to an English speaker. Gross and Brad Norton pretty firm. He opened up their Chicago regularly. Alona once in a while. Fernandez decided to form a com- Alberto Fernandez (MBA’99) and Kit office. I’m currently co-author of Still happy to see anyone from pany to solve the problem. He Cooper (MBA’99) in the offices of Hispanic a business textbook on taxation our class who is out this way.” found an American partner in Kit Teleservices Corporation. and business planning.” Cooper (MBA’99), fellow MBA student who also was president of the Sandeep Vishnu (svishnu Kristen Fossgreen Staples business school’s Entrepreneurship Association. @msn.com) writes: “Thought I ([email protected]): would get back in the MBA loop The idea was to form a business with a unique competitive advantage: a “I enjoy being home with my after a little absence. I live in SF, cross-border management team leveraging operations in Mexico to serve two kids as well. I started my along with my wife and our two a U.S. corporate market. Mexican-based contact centers would provide the own business almost a year ago, sons, Pranav (age 5) and Prathinav customer support while the U.S. based part of the company would market selling window coverings. It is not (born last May). I am a partner in the service to American businesses. Hispanic Teleservices Corporation the kind of company I’d always a management consulting practice (HTC) was born, and now counts AOL among its major clients. “We are envisioned starting, but it is a called Malvern Partners providing their “Press 2 for Spanish,’” Fernandez explained. great way for me to pursue my strategic consulting services to the love of retail, my entrepreneurial Cooper and Fernandez wrote the business plan for their company in 1998 financial services industry.” spirit, and balance my family for Adjunct Professor Paul Centenari’s entrepreneurship class. Centenari is life. Alona and Jen Anthony Luis Castro (luis.javier.castro now CEO of Atlas Container Corp. Centenari helped them figure out how were some of my first customers!” @mesoamerica.com) writes: “I am to position their company. “We had ideas, but it was useful to have a pro- still in Costa Rica as partner of a fessor helping us focus,” Cooper said. “He had us going beyond the typical Jane and Paul Murphy company named Mesoamerica MBA strategy questions and forced us to dig deep.” ([email protected]) write that Investments (a private equity they are living in New York City It helped that Fernandez had previously built call centers in Mexico for a vehicle for Latin America and with their two girls, ages 4 and leading bank. Cooper had experience with outsourcing logistical services. an Investment Bank boutique in 2. Jane is at home with the girls, After graduation, the partners incorporated their company and pursued M&A). Luisa and I have three and Paul is a Principal at Sen- venture capital. “We wanted not just capital but the backing of the best kids: Isabela, Javier, and Cristina, tinel Capital Partners, a private banks in the U.S.,” Fernandez said. ages 5, 3 and 1.” equity firm. The MBA program, where they learned the venture capital game and Drew Schwartz (dschwartz ’95 honed their negotiating skills, was invaluable, Cooper said. @walltechnology.com) writes: Class Agents: Scott Shore and Eventually HTC’s niche market and competitive advantages caught the eye “Greetings from sunny Col- Alison Daly Van Dyke of JPMorgan Partners, who they landed as a key investor, and CitiGroup orado. News from here is largely [email protected] and Venture Capital followed. HTC began operations in 2000 with 12 workers, unchanged. Still living in Boul- [email protected] and today employs more than 500. Cooper is based in the company’s der (since 6/30/94). Still happily Anthony Houston headquarters, while Fernandez runs HTC’s two contact centers in married to Anita (since 7/7/96). On Aug. 23, 2002, Davey Monterrey, Mexico. No kids. Still working for Wall got married and became Technology (since 1/25/95) a U.S. citizen. (He now has three For U.S. firms trying to tap into the fast-growing Hispanic market, out- although we did sort of win the passports—U.S., UK and Ire- sourcing to HTC gives them access to large supplies of bilingual, univer- game and get acquired by land. His nephew says that he sity-educated, native-Spanish speakers who provide technical support, Owens Corning in December thinks Anthony is James Bond!) billing information and other customer services. Having a presence in both 2001. Current title: Manufactur- He is having the more formal countries allows HTC to be more effective in each, the partners said. ing Leader for Owens Corning’s wedding event back in Ireland “Georgetown was a great place to capitalize on an international business Acoustic Systems Business, on May 5. He is currently living opportunity,” Cooper said. “It is one of those unique places where foreign which means I am responsible in Minneapolis and still working nationals can meet.” for using everything I learned in for P&G but focusing on co- P.O.M. (and OB) to operate a marketing with the Target Corp. — SUSAN CRITES PRICE Anthony is a Marketing Direc-

Spring/Summer 2003 31 tor with responsibility for all Juan Ramis just finished his Steve Genn is a proud father, ‘97 P&G brands at Target, approxi- Ph.D. that he has been endlessly again, after Julie gave birth to Class Agent: Andrea Alexander mately $1.5 billion. He hopes no preparing in France at the Uni- Sara on Sept. 24, 2002. Mom, one at P&G realizes this...they versity of Versailles. It has been a Dad and Zachary are adapting [email protected] may re-think it! Recently,A long journey! After six years of nicely to the latest addition to ‘98 Anthony has hiked to the bot- living, working and studying in their family. In November 2002, tom of the Grand Canyon and France, he is now moving back Steve was promoted to Lieu- Class Agent: Brian Knox climbed to the top of Mauna to Spain. Juan got a position as a tenant Colonel in the Air Force [email protected] Kea in Hawaii. professor at ESADE Business Reserve. This was great for the Mitchell and Kristen Klemperer School in Barcelona. It is also a Air Force. They needed a new Yenii Chen Dex is enjoying a Fenster gave birth to a baby boy, Jesuit institution so he is sure Lieutenant Colonel and new career as “mommy.” Sophia Gideon Daniel, on Dec. 12, 2002. that it will be a good excuse to promptly mobilized Steve in was born on Sept. 28, 2002 in build a good exchange and rela- support of Iraqi Freedom, effec- Alok Garg has moved to New Seattle, Wash. She and her hus- tions with the people at the tive April 2003. Fortunately, he York and now works for Scotia band, John, love being new par- Capital. His job consists of rais-

MB McDonough School. For those will be commuting from ents and are constantly amazed of you planning to visit Barcelona Bethesda, Md. to the Pentagon ing and managing capital in the and amused by their little girl. soon, his new e-mail address is: and is not required to deploy to power sector. They’ve been in Seattle for [email protected]. any “points East” (right now). almost a year and a half and have Rich Garodnick married Anita seen much of Tony, Laurra and Stewart Ross and his wife Janelle Zarecor Ranieri has Braun in the fall of 2001. The Marek Corsello. Tammy are the proud parents of spent the past five years in happy couple (and their two a beautiful little girl, Courtney Atlanta. Currently, she is work- cats) lives in Jersey City, N.J. Martina Ehlers Lauterbach is Shana Ross. She was born on ing as “mom” to her two kids, Rich works in the management currently consulting at Intuit. Jan. 30, 2003. Mommy and Lucy who just turned 3 and consulting field for Kurt Salmon She lives in San Francisco with Daddy are thrilled, and are living John III, 8 months. Her hus- Associates, where he assists retail her husband, Eric. When she’s in the New York City area. band John is CFO of an Aus- and consumer products clients. not spending time with her hus- tralian Fiber Optics company band, she can be found with Scott Shore was promoted to Mark Maruszewski and his and is spending a great deal of Katie Bauersfeld, Giselle Major in the Army Reserve in wife, Alexandra, gave birth to a his time in Sydney.They are still (Changchica) Engstrom, January 2003. Scott is now baby girl, Margaret Grace, on waiting to see when the com- Meaghan Mikos, Pam (Cald- working for IBM after IBM Jan. 21, 2003. pany will move their headquar- well) Nootbaar. This “Califor- bought out PwC Consulting. ters to the United States. If it’s Lisa Paganini relocated to her nia Crew” is preparing to Tony Hovsepian, wife Stephanie not soon, she and the kids will hometown of San Francisco in embark on their ninth annual and one-year-old Jacob just head to Sydney for the summer. the fall of 2002. Since graduation, Georgetown “Girl’s Trip” to moved to Boston. (Tony says they she has lived in Pennsylvania Sedona, Ariz. in April 2003. Kevin Wrathall is living in have a better football team.) and Washington state working Sedona won’t be the same. Berkeley, Calif. with wife and While in Boston, Tony met with in various strategic planning, child, and working for Oracle as Andy and Andi (Aronowitz) Paul Shugrue and Carter Austin business development, marketing a product manager. Libuser are starting their third and all went to the NCAA and sales assignments for Merck year living in Merry Ol’ London, regional in Boston to celebrate Ana Valenzuela just got an & Co. Her most recent assign- England. Sprint sent Andy to Jacob’s first birthday (or so they article accepted for publication ment included monthly trips to London to support Sprint’s said). at the Journal of Marketing Alaska. Back in California, she foray into the European Internet Research titled “Performance of now works for Genentech in its Bill and Alison (Daly) Van Dyke market. Andy is now the Direc- Store Brands: A Cross-Country Commercial Strategy group and daughter Claire (age 2) tor of Technical Sales. Andi left Analysis of Consumer Store (and enjoys spending quality welcomed their son William WorldCom in 2001 (good tim- Brand Preferences, Perceptions, time with her two adorable Van Dyke on Jan. 6, 2003. Bill ing!) and continues her role as and Risk.” Her coauthors are nephews). She’d love to hear started a new job as Director of “CEO” of the house and their Tulin Erdem (UC Berkeley) from any classmates, especially Financial Planning at Intuit Inc. two daughters, Kyra and Emma. and Ying Zhao (HKUST). those either living in or planning (makers of TurboTax, Quicken, The “Andees” are enjoying living to visit San Francisco; she can be etc.) in March. across the Pond, receive regular reached at [email protected]. visits from family and friends, Beth and Bruce Dincin just had and in between work and family their first baby boy. Born on have been able to do some fun March 21, 2003, Jacob came in Hiring for summer internships or other positions? Think Georgetown. and exciting traveling in Europe. “on time and on schedule” for For MBA students contact Jim Dixey in MBA Career Management at the first day of spring. Bruce is working for American Express (202) 687-3745 or [email protected]. and is living in Washington, D.C. For undergraduates contact Mike Schaub in the MBNA Career Center at

(202) 687-6288 or [email protected].

32 Georgetown Business Alumni Notes

IEMBA

Mike Quintana left Kraft and ‘96 coran Phillips. Thanks again to and enjoying Mediterranean life. Madison, Wis. to join Frito Lay Susan McVay for handling the My French is coming along well, Class Agent: Thomas (and Doritos) in Dallas. He’s class column duties last fall. I am because most people here speak Arnsperger looking for folks interested in really enjoying Christian’s baby- both French and Arabic. John’s “two-stepping and beef eatin’” [email protected] hood, and am also making time Arabic is progressing, too, to visit him in Big D. There are not too many updates for the fun “Mommy Network” although he’s pretty sick and from our fellow IEMBA 1s to circuit of play dates, baby swim tired of studying Arabic full-time. report in this issue of Class classes, KinderMusik, etc. “Our next step remains a little ‘99 Notes. But although the quan- Thanks to the great negotiating uncertain and unfortunately not tity of IEMBA 1s is small, we lessons I learned in our IEMBA nearly so pleasant. John heads to REUNION have reached some exciting program, I was able to negotiate Jerusalem for his job at the U.S. 2004 milestones. a new schedule with Texas consulate there starting in mid- Instruments that gives me the Our own Dr. Bill Oetgen is still June and we’ve decided that we Class Agent: Mike Pastore flexibility I need now that I am a contributing to the legacy of the can’t take the girls—just too [email protected] Mom. TI created a new, part IEMBA 1s at Georgetown. Dr. dangerous at this point. time position for me in the wire- Bill was recently appointed fac- SPOTLIGHT less division’s communications “So the girls and I—Emma is ulty advisor to the MD/MBA department. Working just three now almost 4 and Meg is 2—are program at the McDonough days per week is a fantastic fit for heading back to Washington for School of Business and George- now. I’ve also taken time for vol- the year while John’s in Jerusalem. town University School of unteer work with my alma I’ll work part-time at my previous Medicine. mater, Lehigh, and with the job at the Associated Press down- Also, J.C. Boggs reached a sig- Maryland High Tech Council. I town and be with them the rest of nificant professional milestone was on the judging panel for the the time—and we’ll just hope when he was named a partner state-wide high tech awards Jerusalem eventually becomes safe with the law firm of Blank again this year, which was very (yeah, right...) Rome. Located in their Wash- rewarding. As you know, there James Maitland Campbell (MBA’99) Not sure where we’ll live in ington, D.C. office, J.C. contin- isn’t much good news in the tech has been named vice president Washington yet, but I’m always ues to have his finger on the sector these days, so it is espe- and chief financial officer for accessible by e-mail.” pulse of the nation as a partner cially inspiring to see some of Capital One’s U.S. Consumer Card, in Blank Rome’s government the new technologies that our Welcome back, Sally! after serving as CFO for Capital relations group. local entrepreneurs are continu- One’s Prime market. A native of No surprise with this news— ing to develop. Irvine, Scotland, Campbell joined Finally, Tom Arnsperger reports Eric Sklar is on the campaign Capital One in 1998. He earned that he has recently been noti- Speaking of babies and how fast trail! He is serving on the St. A a master’s degree in history from fied that he passed the national they grow, a special award is due Helena City Council, and has St. Andrew’s University in Scotland CPA exam. to John Stabb for creating the begun his campaign for the Cal- in 1987, followed by his MBA from first Georgetown legacy in our ifornia Assembly for the 7th dis- Its spring and it was hard to get Georgetown University in 1999. IEMBA class. John, who is also trict (Santa Rosa, Napa, and everybody together. But send Campbell works out of Capital a Hoya undergrad, is the father Vallejo). The primary is March your updates to me as they hap- One’s Richmond, Va. office. of a very talented daughter, 2, 2004. Eric, regardless of our pen so that we’ll have more news Amanda, who will be part of individual political affiliations, for the next issue. Georgetown’s class of 2007! IEMBA Deux will be rooting ‘97 Congratulations John, Diane, for you! and Amanda! Class Agent: Lynn Miller Another California-based class- [email protected] Sally Buzbee sent a nice note mate, Clark Beyer, dropped a from Tunisia saying that they’ve note saying that he is still con- Well, I’m back in the saddle “had a wonderful year here, lying sulting in energy, on retainer again after taking a hiatus from on the beach and touring Roman with a uranium market-analysis one class update issue to tend to ruins and just generally hanging firm. He’s trying to broker the my newborn son, Christian Cor- out and playing with the girls assets of a defunct e-business IEMB

Spring/Summer 2003 33 Alumni Notes PROFILEThe Business of Healthcare

The Business of Healthcare

The day after John Agwunobi (IEMBA’01) dot-com, which as he says, is few more weeks/months before became Florida’s secretary of health in “not easy in this environment, he’s likely to be promoted into October 2001, he was confronted by but I’m trying to get to everyone some other opportunities. He America’s first anthrax attack. What he I know in the Valley.” He’s got a has had a major impact on the learned at Georgetown helped him full travel schedule including corporation’s strategic planning Japan, Maui, Boston, and Europe. process and somehow manages respond effectively. to keep me sane and smiling as Clark’s son Ryan is a year old we tag-team our way through “I attribute my ability to be the secretary to now, and is “motoring all over the our annual strategic planning the fact that I don’t have just an MD but also an MBA,” Agwunobi said. place.” His daughter Brooke turns activities. His oldest is scouting 4 in the summer and “is so much colleges and he strongly urges His knowing how to lead a team—which he learned at Georgetown— fun, quite precocious except when anyone who hasn’t seen ‘My Big was crucial to the Health Department’s rapid response when anthrax bossing around her little bro.” Fat Greek Wedding’ to see it. was discovered at a Florida publisher’s headquarters, Agwunobi And finally, on the subject of Bob says, ‘It’s not a movie, it’s a explained. He also credited the business school with helping him children, if you haven’t already documentary!’ done so, please visit http://www acquire other skills that he uses routinely in his government post, “I heard from Michael .wishuponacure.org — and including “the ability to negotiate with legislators and partners across McCarthy the other day, and make a donation! Dan and we’re planning on getting the community, to analyze opportunities and seize them in a way that is Cathy Campbell have estab- together for dinner here in the strategic, [and] to understand the importance of fiscal sensibility and lished the David P.Campbell next few weeks. Can’t believe his Foundation for Mitochondrial efficiency.” oldest is headed off to college in Disease Research in memory of the fall . . . and that it’s been six their son David. They are doing Agwunobi, a pediatrician, was medical affairs vice president at Wash- years since our graduation party a phenomenal job with the Web ington’s Hospital for Sick Children when he decided he needed an MBA. at his home!” site and the foundation and deserve our support. In 2002, Congrats to Mary Plock, who “I began to realize that the business of health care required an under- they raised $75,000 — a seven has joined Polidais LLC, a standing of business,” he said. “I looked around and realized that one of fold increase in prior giving! And health policy and public affairs the finest business schools in the country was out my back door at this year, they hope to raise firm, as a partner. Mary reports, $175,000 in order to establish “I’m excited by the health policy Georgetown.” the United States’ first clinical emphasis and opportunity to He enrolled in the International Executive MBA program (IEMBA), which fellowship in mitochondrial and grow the firm. I’ll be serving in metabolic disease. the IEMBA Alumni Organiza- holds classes on alternate weekends so executives can study while con- tion and will be in touch with tinuing in their careers. The BAE Systems trio of Den- my classmates with more info on nis Morris, Bob Johnson and this in the near future. Other- Agwunobi said he was attracted to Georgetown because the business Lucy Fitch are reunited back in wise, I’m loving motherhood Rockville, with the return of school “focused on not just giving you technical skills but also on the art and enjoying life.” Dennis from his year-and-a-half of business, the ethics of business, the importance of leadership.” stint in the UK. He had a super Speaking of moving up the cor- year, and his wife and five kids porate ladder, hats off to Kim A native of Scotland, Agwunobi spent much of his youth abroad before seemed to love their stay in the Watson, who has been pro- moving to his father’s native Nigeria where he earned his MD at the UK. They returned in February moted to regional vice president, University of Jos. He moved to Washington in 1990, where he com- and bought a house in Gaithers- Maryland at Pepco. In her new burg, Md. and are settling in. position, she is responsible for pleted his residency at Howard University Hospital and joined the staff Dennis is now the VP/GM for managing relationships with at the Hospital for Sick Children. He was named Florida’s deputy health the Land & Information Sys- Pepco’s customers, including secretary in November 2000 while finishing his IEMBA course work. tems Division in Rockville. large commercial and industrial Through distance learning, he’s now pursuing a master’s of public customers; legislative affairs; cor- Lucy Reilly Fitch reports, “Bob’s porate relations, and economic health at Johns Hopkins University. first year at BAE has been a and community development in banner one, and it will be all I Agwunobi lives in Tallahassee with his wife Jennifer and their three Maryland. can do to hang onto him for a children.

— TOM PRICE 34 Georgetown Business I would tell you how long Kim ‘98 brother, Ryan, who is 3. Joanne ‘01 has been with Pepco, but frankly, is still vice president—finance Class Agent: Debbie Weil Class Agent: Bob Wagoner I think she wants us all to con- for Convera, a publicly-traded tinue to believe that she was still [email protected] software company. [email protected] in high school during that year. Lenny Park is now Director of Lee Campbell assumed a new Mick Castellanos has moved to Of course, Kim looks so great the Senior Day Health Center, a position in November 2002 as Melbourne Beach, Fla. where he that it’s easy to believe it! program that is part of Avenidas chief of the Mobile Operations is now vice president of sales and in Palo Alto, Calif. Avenidas is a Section for the Federal Emer- In addition to Kim’s work with distribution for eMerge Interac- nonprofit organization that gency Management Agency Pepco (and her two boys), she tive’s new VerifEYE™ business designs and delivers innovative (FEMA) in Washington, D.C. somehow finds time to serve on unit. He and his wife Barb are services for older adults and FEMA—a former independent the board of the Montgomery delighted to announce the birth their families. She is thrilled to agency that became part of the County Chamber of Commerce. of their first child, Monica Lucia become part of the Avenidas new Department of Homeland She also serves on the boards of Castellanos, on March 18, 2003. team and to “make a difference” Security in March 2003—is directors of the Boys and Girls His new email is mcastellanos in the lives of the participants tasked with responding to, plan- Club of Greater Washington, @emergeinteractive.com. and their caregivers. ning for, recovering from and the National Foundation for Debbie Weil is publisher and mitigating against disasters. This Teaching Entrepreneurship and Michael Canzian is senior vice editor of an award-winning email move finally brings Lee back to Leadership Washington. president and general manager newsletter, WordBiz Report, with the Washington, D.C. area where of BAE Systems—Regional Shawn Green, founder and more than 12,000 subscribers he can participate in more class Aircraft and President, Jet director of LabBook, reports worldwide. The topic is how to activities. Acceptance Corporation. He and that the J. Craig Venter Science turn more clicks into customers his wife Beatriz have built a new Chris King has been selected to Foundation organizations—The with killer copywriting and con- home in Arlington, Va.Their attend Senior Service College at Institute for Genomic Research tent for the Web and email. Free daughter Gabriella is now 2. National Defense University at (TIGR), The Center for the sign up at: www.wordbiz.com. Fort McNair, Washington, D.C. Advancement of Genomics Sylvia Steinheiser has moved to for one year. He is now deciding (TCAG), and the Institute for Houston, Tex. where she remains whether to accept that opportu- Biological Energy Alternatives part of Hewlett-Packard’s legal ‘99 nity (which would provide ample (IBEA)—joined a growing list department as HP’s Americas time to improve his golf game, of life science organizations sup- Regional Counsel. Her email REUNION but would incur an additional porting the open BSML™ stan- address is still sylvia_steinheiser 2004 two year military obligation) or dard for genome research. @hp.com. transition to the private sector. BSML (Bioinformatic Sequence Class Agent: Alphonse Iudicello Erik Gaull went to Iran in spring Markup Language) is an open [email protected] Linda Nemec has been busy at 2003 as part of a delegation from and freely available extensible Developing Alternatives Inc. the George Washington Univer- Markup Language (XML) for- ‘00 (DAI), a consulting company sity School of Medicine to look mat provided by LabBook.com Class Agent: Dan Gallagher that focuses on projects in devel- at the status of emergency med- that allows life science [email protected] oping countries. Linda works in icine in Tehran. He gave four lec- researchers to integrate, anno- the Finance, Banking and tures and met with leaders of the John Agwunobi was reap- tate, and visualize complex Enterprise practice and spends Iran Emergency Medical Service. pointed to secretary of health for genetic sequences and rich part of her time as a consultant, He says “it was a fascinating trip.” the State of Florida. See the bioinformatics content. part designing projects and writ- alumni profile page 34. Joanne Hannafin had her sec- ing proposals, and part creating a Additionally, LabBook, Inc. and ond child, a girl, on Dec. 19, new marketing unit. DAI is BSML.org, which serve the life 2002. Claire Elizabeth has a big based in Bethesda, Md. and has science industry, were high- subsidiaries in London, South lighted in the 2002 Ernst & Africa and Brazil with a pres- Young annual health care report ence in 53 other countries. The on the global biopharmaceutical company employs about 700 industry. Our very own Shawn Do you have questions or comments about Georgetown Business Green people; most people from head- was interviewed for the magazine? annual report, and addressed the quarters travel extensively, but not to many garden spots. On changes which are occurring Do you have an idea for a feature story or want to see a profile on within this industry, such as the Linda’s first day on the job, the convergence of drug discovery your favorite professor? call went out for volunteers to go and information technology. to Afghanistan! With seven Now you can send your comments and suggestions via email. months under her belt and first two proposals out, Linda plans Write to us at [email protected].

Spring/Summer 2003 35 Alumni Notes

to restart her social life and looks Pat works in the company’s E-mail updates: New LibraryLink to Alumni forward to seeing classmates at McLean, Va. office, right across Linda Nemec: [email protected] the various events. the parking lot from Bob Wag- Alumni can now access informa- Hafiz Sayuti: hafi[email protected] oner in Tysons Corner. Pat con- tion resources in the Georgetown Frank Petkunas and his wife are Pat Stansfield: Stansfield_Patrick tinues his role as organizer of the the proud parents of a son, @BAH.com University Library even if they’re IEMBA golf tournament with Frank Joseph Petkunas III, born Bob Wagoner: robert.c.wagoner the next event scheduled for not on campus. A new Web por- in June 2002. Frank reports his @saic.com May 2003. His new work e-mail tal called LibraryLink to Alumni son is a lot of fun and laughs is listed below. twice as much as he cries. ‘02 gives alumni free 24-hour access Marianne Howery is still doing Class Agent: John Fitzgerald Hafiz Sayuti is now working as to many of Georgetown’s rich the “plastics thing” for BASF john@fitzprop.com an assistant head in international library services. These include and is having a blast. She per- policies at the Singapore Eco- forms the dual roles of Global full-text or abstracted articles nomic Development Board. His SPOTLIGHT Account Manager for one of mission is to attract investment from nearly 3,500 journals and BASF’s key global (power tools) to Singapore. If anyone did not magazines, 4,000 newspapers account and is the NAFTA get the word, Hafiz and his wife Business Manager for the high and news services worldwide, Azlina Sulaiman had a daughter temperature polymers product Nuha Aisya in May 2002. Hafiz and U.S. government and World line. BASF is one of the world wants to make it mandatory for Bank documents. Alumni can also leaders in the chemical industry. anyone traveling to Singapore to Marianne now lives in Landen- tour the Special Collections’ online contact him at the e-mail address berg, Pa, just north of Wilming- below. He guarantees at least manuscript and art exhibits and ton over the Delaware line, and one round of golf to all visitors. get tips on how to conduct online moves to a new house at the end Rob Simon and Hafiz Sayuti are of April. Marianne reports her research. And with LiveHelp, organizing the second annual children like the new school and a real-time reference service, IEMBA Asia Golf Tournament have made new friends. “We are and Email Reference, they can in Singapore. Tentative tour loving life!” dates are May 10-11, 2003. have their research quandaries Bob Wagoner started a new Opening Bell Interested participants should position in February 2003 as vice answered electronically by a contact Rob at Robert_Simon president and deputy group Ananias ‘Andy’ Blocker III Georgetown librarian, day or night. @americanchemistry.com. Note manager of the Defense Tech- (IEMBA’02), vice president this biannual event has included nology Group at Science Appli- To use LibraryLink, log on with only two players to date, so the for government relations at cations International Corporation field is wide open. Rob does your hoyasonline NetID at (SAIC) in McLean, Va. SAIC the New York Stock Exchange, hope to have two IEMBA 4s www.library.georgetown.edu is the nation’s largest employee- with Chairman and CEO join the group this year. owned research and engineering /librarylink/. Richard Grasso and Pat Stansfield retired from the company, providing information Navy in January 2003 and technology, systems integration Congressman Barney Frank started as an associate on the and eSolutions to commercial at The Opening Bell Economic and Business Analy- and government customers. Bob’s on March 14. sis Team for the consulting firm responsibilities include a wide Booz Allen Hamilton. Booz variety of business development Allen, a global leader in strategy and management activities for and technology consulting, pro- the Group’s 300 staff members vides services to major interna- and $70 million in revenues. tional corporations and govern- ment clients around the world.

36 Georgetown Business You’ve accomplished. Made an impact. Are you prepared for WHAT’S AHEAD?

Way back when, you came to Georgetown for its reputation in international business, outstanding faculty, and

dynamic teaching. You were an undergraduate who majored in finance and went to Wall Street. Or you got

your MBA and went to work for a nonprofit. Or maybe you were an MD that wanted to sharpen your business

acumen with an International Executive MBA and move into healthcare management.

“The program surpassed all of our expectations.”

Josephine L. Firmani Now, no matter where you are on your career path, the McDonough School can help you and your organiza- Leadership Development Coordinator tion grow and succeed in our rapidly changing and increasingly competitive global business environment. USDA Risk Management Agency

The Office of Executive Education runs the International Executive MBA program, rated No. 1 in strategy and

global business by BusinessWeek, and specializes in custom designed executive education programs. We’ve

developed custom programs in leadership, finance, strategy, marketing, and global business for clients such as

Gucci, Kimberly-Clark, and BAE Systems North America. And some of our most fruitful and mutually beneficial

partnerships resulted from alumni referrals.

“…an outstanding educational event.”

Sandy Buhler Find out more about Executive Education at the McDonough School of Business. Call us at (202) 687-2704, Manager, Professional Relations email: [email protected], or visit www.msb.georgetown.edu/exec_ed/exec_edu.htm Kimberly-Clark Corporation

“The School provided outstanding faculty, expert guidance, a solid curriculum and valuable feedback.”

Thomas R. Nickel Director, Learning and Development ARINC, Inc. Executive Education at Georgetown Save the Date! June 4, 5 and 6, 2004 Reunions Planned

For more information ’54

Undergraduate Alumni ’59 Scott McDaniel Director of Class Advancement ’64 (202) 687-6677 [email protected] ’69

MBA and IEMBA Alumni ’74 Robert P.Johnson Director of MBA & IEMBA Alumni Programs ’79 (202) 687-3738 [email protected] ’84 ’89 ’94 REUNIONS ’99 2004

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