OlinBusiness2007 magazine

By Process of Innovation

In This Issue: Faculty Research 8 Women in Business 20 EMBA-Shanghai Program 24 From the deaN OLIN BY THE NUMBERS reetings from Olin Business Business Engagement: We will marketplace – consistently, repeatedly Research Productivity – Olin faculty is widely School, and welcome to expand business-involved, applied and signifi cantly. # regarded and frequently cited as among the best, 3 including by Academic Analytics’ “Faculty Scholarly G OlinBusiness Magazine. The goal learning signifi cantly. Career ladders Productivity Index,” which ranked Olin third of OlinBusiness is to create connections are accelerating and businesses want Facilities: We will invest in a (The Chronicle of Higher Education, 2007). – with people, ideas and the many excit- graduates who can hit the ground bold, innovative core facility that SAT Scores – Average scores of Olin’s incoming ing initiatives underway at Olin. At the running. That makes business-involved accommodates growth, ensures # freshmen are the second highest among the top of that list is connecting you with learning more important than ever. competitiveness and refl ects the 2 nation’s top BSBA programs (BusinessWeek, 2007). our plan for the business school’s future. We will work with companies regularly collaborative, innovative organization Career Placement – Almost all BSBA job seekers in the classroom and in research we aspire to be. Given that space is a hold offers within 90 days of graduation. We have been working with our Na- projects. We will establish more prerequisite to implementing much 98% In Mainland China – Olin’s EMBA-Shanghai tional Council, faculty, staff, alumni and faculty-involved internships like the of the plan’s central vision, we are # Program ranked number one in mainland China students to develop Olin’s long-range International Internship Program. Our accelerating our pace on new facilities. 1 and eighth in the world (Financial Times, 2006). plan, which we will present to University research centers will create innovative Open-Enrollment Executive Education – Olin trustees beginning in December, for fi - opportunities for students to collaborate The result: Expanding the intersection # ranked second nationally and internationally nal adoption in 2008. Our vision is to ex- with faculty and businesses. of faculty, students and business will 2 (Economist Intelligence Unit, 2006). pand the intersection of faculty, students invigorate teaching and research, MBA Applications – Nearly 1,000 applications and business – connecting students Collaboration: We will build strategic create fascinating applied-learning up were received for 140 slots in the 2007-08 full-time and business with the superior research relationships systematically with opportunities for students, enhance 70% program. capabilities of our faculty, and bringing business and alumni and across career placement and better position OlinBusiness the business world into the center of Washington University. Collaborative Olin to serve business. Programs will magazine the Olin experience. Our plan is built relationships and communication open increase in quality, stature, size and on seven strategies that collectively will the frontier. We will create opportunities selectivity, attracting students who want Karen Branding, Associate Dean and FEATURES position the business school to attract inside and outside the classroom to to learn through impactful connections Director of Marketing and Communications the very best students and faculty and partner with and serve business and the with faculty and business. Olin will be an 12 BY PROCESS OF INNOVATION provide the very best learning experi- community. We will broaden and deepen ever more vital, intellectual enterprise Jill Pfeiffer, Editor Beth Rauhut, Assistant Editor According to a panel of faculty experts, innovation ence, career opportunities and contribu- alumni engagement. We will leverage of the University; a stronger partner is a systematic and teachable process that drives tion to business and the community. the capabilities of our sister schools at and contributor to the community; and DESIGN organizational growth and performance. Washington University for mutual gain a world-class research institution that Chuck hart Jager Creative (cover) Research: We will infuse research rigor and strategic differentiation. advances business globally. Michael Kilfoy 18 DRIVING GROWTH, BUILDING PROFITS and skills into the learning experience. Barbara Northcott Olin’s Custom Executive Programs provide targeted busi- Research is the lifeblood of a business Faculty: We will build a larger and Ninety years ago our business school WRITERS ness solutions that create strategic advantage for a wide school, and the scholarly research of more diverse, representative faculty. was established around four principles: Donna Aronoff-Smith range of organizations. Olin’s faculty is regarded as among With research faculty recruitment more analytical rigor, business engagement, Rick Skwiot the best. We will leverage this core competitive than ever, the ability to preeminent faculty and preparation Elaine Swackhammer, BSBA ’00 20 WOMEN IN BUSINESS M.A. Unser competency to meet the demands of attract outstanding faculty and their for business change and complexity. Olin has made gender diversity a priority in all its pro- today’s complex business world. We will families is a victory. We will undertake a These timeless principles continue to PHOTOGRAPHY grams. The goal, say three high-level alumnae, is to establish centers that house signifi cant, concentrated effort to build inspire tremendous opportunities to Ferguson & Katzman encourage more women to pursue careers in business. research on timely business research and teaching faculty during fulfi ll Olin’s mission: Create knowledge Jon Furst Randall hyman 24 A HIGH DEGREE OF COLLABORATION issues. All of our programs the next several years. In addition, . . . Inspire individuals . . . Transform David Stradal The Washington University-Fudan University Executive will incorporate research we will invest in making our culture business. your involvement will be Washington University Photographic Services MBA Program enhances Asian business leaders’ skills and projects and practicums. and environment more inclusive and central to our success. ILLUSTRATION contributes to China’s development and prosperity. Olin faculty and refl ective of today’s business world. Marc Rosenthal students will be magnets Best wishes, 26 THE OLIN BRAND OF LEARNING: C O N T R I B U T O R S for partners seeking Scholarships: We will increase our Sumi Garg RESEARCH-DRIVEN THINKING, APPLIED rigorously critical investment in scholarships to attract the Amanda Gumbrecht, AB ’07 By creating opportunities to apply research-driven thinking, and innovative very best students, regardless of means. Michelle hall, AB ’07 Olin’s International Internship Program enables students Jared Kurtz, AB ’08 thinking on Mahendra Gupta Jeremiah Methven, AB ’09 to solve real-world business problems. business Brand: We will build Olin’s brand equity Dean and Geraldine J. and Robert L. Virgil Michelle Weltman, BSBA ’01, MSW/JD ’09 issues. in the national and international Professor of Accounting and Management C O R R E S P O N D E N C E DEPARTMENTS Olin Business School Washington University in St. Louis 2 NEWSWORTHY Campus Box 1162 One Brookings Drive 8 FACULTY RESEARCH AND NEWS St. Louis, MO 63130-4899 23 OLIN PROFILE www.olin.wustl.edu 28 ALUMNI CONNECTIONS 32 CLASS NOTES 40 IN MEMORIAM 41 YOUR CAREER

2007 | 1 OlinBusiness OlinBusiness

Newsworthy

Olin Aligns Name with Core Ideology and Vision Happy Birthday, Olin! s part of its long-range planning off points for dialogue on the business lin offi cially is a nonagenar- process, Olin engaged stakehold- school’s long-range plan. ian. Washington Univer- Aers in extensive discussions to Olin’s name has changed to better Osity’s business school was clarify its core ideology: its mission and align with its mission and the plan’s vi- founded on March 30, 1917, as the values. (See the long-range plan brief on sion to expand the intersection of faculty, School of Commerce and Finance Page 2.) Faculty, staff, students, parents students and business. Transforming Olin – thanks, in part, to the tenacity and alumni shared School of Business into Thought Leadership of William F. Gephart. For three their perspectives on Olin Business School Conference 2007 years, he waged “who we are, what created a strong, a campaign that we stand for and why impactful statement Presented by Olin faculty members, eventually gained it matters.” Certain about Olin’s central the “Thought Leadership at Olin: support of uni- themes emerged focus. The new logo Innovative Ideas Applied to Business” versity leaders repeatedly and were design gives promi- conference will highlight the latest and overcame used to articulate the Creating knowledge…Inspiring individuals…Transforming business. nence to the Wash- business thinking and cutting-edge obstacles that central tenets of the organization. Six ington University brand equity and also research. Participants will come away can challenge simple words defi ned Olin’s far-reaching refl ects the innovative, current, energiz- from the half-day event with knowl- Olin National Council members Deborah Grossman, EMBA ’91, and Joe Blomker, EMBA ’90 any vision: mission: Create knowledge . . . Inspire ing atmosphere of Olin. The name of this edge they can apply directly to their demands on individuals . . . Transform business. And magazine has changed – from Gateway businesses. the larger organization’s Olin’s Long-Range Plan Charts 10-Year Strategy fi ve values were identifi ed as core. (See to OlinBusiness Magazine – to better resources, implications of a world at ast year marked the start of a con- Olin’s proposed “Plan for Excellence” – “Who We Are” on the back cover.) The reinforce Olin’s increased emphasis on Save the Date war and the need for fi nancial back- centrated, long-range strategic- the foundation for the business school’s fi nal statements became key jumping- business engagement. Thursday, Oct. 25, 2007 ing by outside investors. Lplanning effort across Washington next 10 years. Registration: 7:30 a.m. Gephart served as the fi rst dean, University. At Olin, the process began in The proposed plan was presented to Yahoo! Puts Priority on Olin Graduates Conference: 8:00 a.m. to noon almost single-handedly raised funds fall 2006 and, to date, has involved more the National Council on June 15th and Location: Charles F. Knight to defray operating expenses in the than 85 faculty, 80 staff, 20 students was received enthusiastically. In fact, ahoo! Inc. has named Olin one of its “tier-one” recruiting targets for Executive Education Center early years and played a leading role and 40 National Council members, who the National Council deemed certain fi nance and operations talent. Washington University’s School of Engineer- Washington University in St. Louis in securing the fi nancial gift for the serve as Olin’s board of directors. They elements of the plan so important they Ying also is included on the company’s core-school recruiting list. In recent school’s fi rst building. Ultimately, his identifi ed seven key opportunities that should be implemented immediately. years, a growing number of fi rms have made Olin one of their high-priority part- For more information, contact leadership set in motion what would are capable of transforming Olin and Work on the proposed plan continued ners for full-time positions and internships, including AT&T, Bain & Company, Citi, Johanna Polsky at 314-935-6608 or become one of the great business positioning it for signifi cant growth and throughout the summer and into the Deloitte Consulting, Exxon, General Mills, Johnson & Johnson and 3M. [email protected]. Also visit schools for generations to come. future success. (See “From the Dean” on fall. Olin’s National Council will present Congratulations to the Weston Career Center, The Career Center at Washing- www.olin.wustl.edu/execed/ happy birthday, Olin. the inside front cover of this magazine.) the fi nal plan to University trustees by ton University and our amazing undergraduate and graduate students. execprog/dirprog/thoughtleader/. Together, these opportunities constitute spring 2008.

Creating Knowledge . . . Inspiring Individuals . . . Transforming Business

1917 The School 1925 The School of 1958 A graduate school 1966 Sterling Schoen, Olin profes- 1986/87 Simon hall was 2001 The of Commerce Commerce and Finance in business that included sor of management, founded what named after and dedicated to Charles F. and Finance was was renamed the School both an MBA and PhD would become the Consortium for St. Louis businessman John E. Knight Execu- established. of Business and Public degree was established. Graduate Study in Management, an Simon. The following year, the tive Education Administration. organization that promotes diver- business school was named Center cele- 1919 First under- sity and inclusiveness in U.S. in honor of University trustee brated its grand graduate degree businesses and business schools. and benefactor John M. Olin. opening. was awarded.

William F. Gephart (1917-1921) Isidor Loeb (1925-1940) William H. Stead (1940-1944) Isaac Lippincott (1945-1948) acting dean R. Miller Upton (1951-1954) Karl A. Hill (1968-1976) Nicholas Baloff (1976-1978) dean Robert L. Virgil (1978-1979) acting dean (1979-1993) dean Stuart I. Greenbaum (1995-2005) 1920 1930 1940 1950 1960 1970 1980 1990 2000 2007 Leverett S. Lyon (1921-1925) Charles Belknap (1948-1949) acting dean Leslie J. Buchan (1949-1951) Ross M. Trump (1954-1967) Joseph W. Towle (1967-1968) acting dean Lyn Pankoff (1993-1995) acting dean Mahendra R. Gupta (2005-present)

1923 Robert S. 1944 During WWII, 1960 Liggett hall 1977 The late 1970s marked 2002 Olin Brookings and women’s enrollment was renamed Prince the start of an era in which formed a partner- Chancellor Frederic in the business school hall after St. Louis the business school’s ship with Fudan Aldin hall presided increased, from 18 to 121 businessman student body increased University to over the laying by 1944. Frank J. Prince and 50 percent and the faculty offer a joint of Dunker hall’s remodeled to house doubled, with scholars Executive MBA cornerstone. the growing busi- coming from leading aca- program in ness school. demic institutions. Shanghai.

2 | 2007 2007 | 3 OlinBusiness OlinBusiness

Newsworthy

OPP Ranks Second in ‘Performance Without Compromise’ Turns Two High Marks for EMBA-

Worldwide Rating performance, with ancillary themes on Shanghai Program he Olin Partners’ Program (OPP) organizational growth, globalization and In its 2006 ranking of received an “excellent” rating and innovation. MBA, Professional MBA, international EMBA T was ranked number two by the Executive MBA and senior BSBA stu- programs, the Financial Economist Intelligence Unit (EIU) – an dents took the class this year. Times rated the Wash- international research and advisory fi rm high-caliber guest lecturers shared ington University-Fudan – in its December 2006 evaluation of Upcoming Olin Partners’ Program (OPP) Open- their approach to a particular business University Executive MBA open-enrollment executive education practice. The 2007 lineup included: Program eighth in the world and fi rst programs. The honor is shared by only Enrollment Executive Education Seminars August A. Busch III, chairman of the in mainland China. The program was eight business schools worldwide. This executive committee of Anheuser-Busch established in 2002 and is a partner- is the second year in a row that OPP has Register for these seminars and strengthen your business and leadership skills, Companies, Inc.; David Farr, chairman, ship between Olin and the School of earned this EIU distinction. create competitive advantage for your organization and manage innovation to CEO and president of Emerson; Sir Rob- Management at Fudan University. OPP offers a series of one-day and drive growth and profi ts. ert horton, former chairman and CEO “This success is a validation of the two-day seminars for mid-level to of British Petroleum; Philip J. Purcell, hard work and commitment that went senior managers from local and regional Finance for the Non-fi nancial Manager October 4, 2007 president of Continental Investors LLC into the design and delivery of the he elective course “Creating and former CEO of Morgan Stanley; organizations of all sizes. Taught by Building Brand Power October 18, 2007 program – and our international part- Olin’s esteemed faculty and select Exceptional Value: Performance Andrew C. Taylor, chairman and CEO of nership with the School of Manage- outside experts, the seminars address Leading Innovative Teams November 1, 2007 TWithout Compromise” was back Enterprise Rent-A-Car Company; Edward ment at Fudan University,” says Dean high-priority management issues, such by popular demand last spring. Taught E. Whitacre Jr., chairman and CEO of Mahendra Gupta. Talent Management November 15, 2007 as growth strategies, innovation and by Chuck Knight, chairman emeritus of AT&T; and Emerson executives. “The two universities put competitive advantage. Managing Innovation in Established Companies December 5, 2007 Emerson, and Anjan Thakor, senior as- Knight has given the nod to teaching extraordinary effort into managing Visit www.olin.wustl.edu/OPP, or sociate dean and John E. Simon Profes- the course again in 2008. Stay tuned their joint venture,” says Kebao call 314-935-9494 for more information. Visit www.olin.wustl.edu/OPP for a complete schedule. sor of Finance, the course focused on for more information about upcoming yang, EMBA-Shanghai ’05, and vice Emerson’s management process and lecturers and simulcasts. president of sales and marketing, Volvo Construction Equipment. “They selected great faculty, provided Olin Redesigns exceptional learning and created outstanding networking opportunities Accounting Program for students and alumni.” lin expanded and restruc- tured its former MSBA Partnerships Emphasize OConcentration in Account- ing to meet the increasing demand Global Collaboration for accounting professionals in the lobalization is vital to Olin’s global marketplace. The new Master strategic direction. In the past of Accounting (MACC) Program year, the business school has develops students’ quantitative, G formed international partnerships with communication and critical-thinking three prestigious institutions: Cass skills – abilities valued by employers Business School in London; Fundação and required for superior perfor- Dom Cabral in Belo horizonte, Brazil; Honors Seminar Hones Research-Driven Thinking mance in the fi eld. and the Indian Institute of Manage- Students choose one- or two-year n 2006, six undergraduate students and Raymond Sparrowe, associate pro- ment (IIMA) in Ahmedabad, India. format options, depending on their received a challenging Practicum as- fessor of organizational behavior. Part of City University, Cass is one of academic background and previous signment: Evaluate Olin’s BSBA Pro- Seniors must apply to be accepted into MBA Management Class Visits the ’Oracle of Omaha’ Europe’s leading providers of manage- I accounting coursework. gram and determine how more research the BSBA honors Seminar. As part of ast March, 54 MBA students trav- 21.4 percent, versus 10.4 percent average ment education. The school is a new Capstone course “Accounting could be incorporated into the curricu- the course, they also must complete a eled to Nebraska to meet investor, compounded gain. Forbes ranks him the partner for Olin’s undergraduate Inter- Policy and Research” provides a big- lum. Their recommendations resulted in research project and present their fi nd- businessman and philanthropist second-richest individual in the world. national Internship Program in London. picture view of current regulatory L the redesigned “BSBA honors Seminar,” ings during a conference sponsored by Warren Buffett. “Buffett personifi es the type of critical Fundação Dom Cabral has strong issues and accounting trends. The which brings leading-edge research into Olin’s Center for Research in Economics Their trip was the highlight of “Olin fi nancial analysis we teach at Olin. My brand recognition among Brazilian Winter Cooperative is an elective the classroom. and Strategy (CRES). Goes to Omaha: Understanding Warren students immersed themselves in his in- business schools. It engaged in a joint internship timed to coincide The seminar is co-taught by Daniel “Seminar subject matter and discus- Buffett and Berkshire hathaway,” a new vestment philosophy, management style venture with Olin: the Strategy for with the accounting profession's Elfenbein, assistant professor of or- sions were comprehensive and cross- course taught by Michael Faulkender, and personal values,” Faulkender says. Growth Program, a weeklong execu- busy season. Participants receive ganization and strategy; Ohad Kadan, functional,” says Kathryn Zabielinski, assistant professor of fi nance. Student teams developed deals and tive education course for top-level challenging work experience. assistant professor of fi nance; Glenn BSBA ’07. “To analyze research, I had to Buffett, dubbed the “Oracle of presented them to a panel of students, Brazilian managers and CEOs. Visit our Web site at www.olin. MacDonald, John M. Olin Distinguished draw on my knowledge of economics, Omaha,” outperformed the S&P 500 rate faculty and guests. The winning group The MBA exchange program with wustl.edu/macc. Professor of Economics and Strategy; psychology and marketing.” of return from 1965 to 2006 – averaging pitched its idea to Buffett. IIMA began this fall.

4 | 2007 2007 | 5 OlinBusiness OlinBusiness

Newsworthy

Academy Promotes vides networking relationships, research European Union, projects or internships. Boeing, Charoen Republic of Croatia Global Scholarship Pokphand, DuPont, Emerson and Rohm aunched in 2005, the McDonnell and Haas are some of the companies af- International Scholars Academy filiated with the McDonnell Academy. Lencourages the “best and bright- Vikram Govindan, MBA ’08, Monsanto The Company We Keep est” students from academy partner Company/Dr. Norman Borlang Corporate The following is a partial list of individuals who have addressed the Olin community since May 2006: schools to pursue graduate and post- Fellow; Ming Zu, MBA ’08, Cabot Cor- graduate education at Washington Uni- porate Fellow; and Karavikar Svetasreni, H. E. Branko Baricevic Peter Finley Steve Lipstein Philip J. Purcell versity. In addition, it promotes faculty MBA ’08, Nestlé Purina PetCare Fellow Ambassador, Republic of Croatia, Founding Partner CEO and President, President, collaboration among these institutions are Olin’s 2006-07 scholars. European Union and Managing Principal, BJC HealthCare Continental Investors LLC; Thompson Street Capital Partners Former CEO, Moshe Barak, MBA ’09; Gilad Hertanu, Philip Bear Ron Logan on critical world issues, such as the CEO, The O2, Rob Forsyth CEO, Morgan Stanley environment, energy, human health and Vikram Govindan, MBA ’08, Monsanto Com- MBA ’09; and Qiang Li, MBA ’09, Brown Anschutz Entertainment Group President, Pacific Credit Card Center, Doug Rau economic and social development. pany/Dr. Norman Borlang Corporate Fellow. Shoe Corporate Fellow are Olin’s 2007- Jonathan M. Bensky FKG Oil Company (MotoMart) Bank of Communications and HSBC Vice President, Human Resources, Minister-Counselor, Scarlett Foster, EMBA ’00 Jim Lord Sigma-Aldrich The McDonnell Academy currently has 08 scholars. Commercial Affairs, Vice President, Principal, D. Skip Sallee, MD, EMBA ’00 relationships with 20 select universities paired with a faculty “ambassador,” who Students apply separately to their U.S. Mission to the European Union Investor Relations, ECG Management Consultants CEO and President, Monsanto Company Quick Study Radiology in Asia, Israel and Turkey, and 29 schol- serves as the student’s mentor and as an graduate program and to the McDonnell Kathy Button Bell Porter P. Lowry II, PhD ’86 Vice President and Hugh Grant Curator, Head of the Africa Martha Schlicher, PhD ars are studying at Washington Univer- academic advisor. Academy. If admitted, each student is Chief Marketing Officer, Chairman, CEO and President, and Madagascar Department, Vice President, Operations sity. Six of the scholars are enrolled in More than half of the scholars are awarded a full scholarship to the Univer- Emerson Monsanto Company Missouri Botanical Garden and Engineering, Liz Bossley Eric Green John Lyday Renewable Agricultural Energy Olin’s MBA Program. Each student is assigned a corporate sponsor that pro- sity and a $25,000 stipend. Founding Partner and CEO, Vice President for International Sales Global Staffing Lead, Trina R. (Williams) Shanks, Consilience Energy Advisory Group Ltd. and Operations, Monsanto Company BSBA ’92, MSW ’00, PhD ’03 (CEAG) Sigma-Aldrich David C. McCalpin, MBA ’89 Assistant Professor of Social Work, August A. Busch III Carl Hausmann Chief Marketing Officer, University of Michigan MBA Curriculum Builds Rigorous Critical Thinking Chairman of the Executive Committee, President and CEO, General Electric Harold T. Shapiro, PhD A Class Act Anheuser-Busch Companies, Inc. Bunge North America Richard J. Mahoney President Emeritus and Professor of The newly in- themes. Orientation week was replaced William Canfield, MBA ’62 Andrew Hilton, PhD Olin Executive in Residence; Economics and Public Affairs, he MBA class of 2007 troduced MBA by the 12-day Gateway Olin (GO) kickoff President, Managing Director, Former Chairman and CEO, Princeton University TALX Corporation Center for the Study of Financial Monsanto Company Rita M. Shor curriculum places program, which included required raised the most money in Carl M. Casale, EMBA ’92 Innovation (CSFI) Hannah Mackenzie Manager, Commercialization and its class gift campaign. Their greater emphasis coursework such as “Critical Thinking for Executive Vice President, Cliff Holekamp, MBA ’01 Marketing Executive, Marketing Development Department, T North America Commercial, Founder and CEO, London Metal Exchange 3M total of $63,275 beat the previous on rigorous criti- Leaders” and “Foundation for Effective Monsanto Company Foot Healers Kim Malone Robert Skandalaris record of $60,047 set in 2000. cal thinking – be- Leadership.” Peter Chambré Martin Holmes, PhD Director, Online Sales and Operations, Chairman and Founder, Equally impressive, the class of ginning with the Fox says applied learning will be inte- Former CEO, Senior Lecturer, AdSense Online, Noble International, Ltd. Cambridge Antibody Oxford University Google John Sloan 2007 had 102-percent participation fall 2007 semes- grated into all aspects of the MBA cur- Technology Group Sir Robert Horton Marcia Mellitz, MBA ’77 Manager, Global Team, – thanks to the generous contribu- ter. “These skills are highly valued in all riculum. “Meaningful real-world experi- Maxine Clark Former Chairman and CEO, CEO and President, Financial Services Authority (FSA) tions of first-year MBAs and recent areas of business,” says Joe Fox, associ- ence enables students to build important Chairman, Founder British Petroleum Center for Emerging Technology Andrew C. Taylor and Chief Executive Bear, Min Hua Tom Melzer Chairman and CEO, graduates. ate dean and director of MBA Programs. marketable skills.” Build-A-Bear Workshop Director, Managing Director, Enterprise Rent-A-Car Company “It’s amazing,” says Joe Fox, as- “Organizations want to hire individuals “The curriculum provides a disciplined John Collins Institute of World Economy, RiverVest Venture Partners Barrett Toan sociate dean and director of MBA who can see the big picture and have approach to knowledge acquisition,” says Vice President, Fudan University Jean-Paul L. Montupet Former Chairman and CEO, Global Transaction Services, Mike Kaplan, BSBA ’88 Executive Vice President, Express Scripts Programs. “Given their results, the management tools to solve complex, Ron King, senior associate dean and Citigroup Partner, Emerson Thomas Tsao we’ll have to come up with a new unstructured business problems.” Myron Northrop Professor of Account- Lori Coulter, MBA ’99 Three Arch Partners Mary Teresa Moran Partner, Gobi Partners, Inc. In addition, the fall semester’s Aug. 9 ing. “Put another way: Our students are Founder and CEO, David Karandish Directorate General, way to motivate future classes, Lori Coulter TrueMeasure Co-founder and CEO, External Relations, James Turley possibly by limiting speeches from start date adds three weeks to the school learning how to learn. As a result, they John Danahy, EMBA ’85 FindStuff.com European Union Chairman and CEO, yours truly.” year, giving professors more time to understand what questions to ask to find Olin Executive in Residence; Charles F. Knight Michael F. Neidorff Ernst & Young Former Chairman, Chairman Emeritus, Chairman, CEO and President, P. Roy Vagelos, MD cover material related to new strategic solutions and improve outcomes.” May Merchandising Emerson Centene Corporation Chairman, William O. DeWitt Jr. Aiguo Kong Patrick Nicholls Regeneron Pharmaceuticals, Inc.; Chairman and General Partner, Professor, Former United Kingdom Retired Chairman and CEO, St. Louis Cardinals Finance Department, Government Minister Merck & Co., Inc. Transforming Individuals Who Transform Business Arnold Donald, BSME ’77 Fudan University James F. O’Donnell III David Wachs Olin Executive in Residence; James Kosloff Chairman and CEO, Co-founder, lin’s redesigned Executive MBA Plan (PDP). Students revisit their plan President and CEO, Chief Financial Officer, Capital for Business Charming Shoppes The Juvenile Diabetes Research Program centers on four high- at regular intervals, reviewing their The Estée Lauder Companies Inc. Jim O’Donnell, BSBA/MBA ’74 Edward E. Whitacre Jr. Foundation International Chairman and CEO, priority management issues progress with personal audits. John Lee, MBA ’99 President and CEO, O W. Roy Dunbar Former Senior Product Planner, Bush O’Donnell & Co.; AT&T that are critical for today’s senior execu- “We focus on the complex business President, Toyota; Chairman and CEO, Neil Yaris, BSBA ’86 Global Technology and Operations, Vice President, Exegy Managing Director, tives: top-line growth; innovation and challenges our customers face in the MasterCard Worldwide Citibank James Peagam Credit Suisse creativity; global and emerging markets; marketplace,” says Kay Henry, associ- Ron Evens, BA ’61, MD ’64 Steven Leer, MBA ’77 Relationship Banker, Yongxin Zhu and leadership. ate dean and director of Executive Former President, Chairman and CEO, ABN AMRO Vice Mayor, Barnes-Jewish Hospital Suzhou Municipal Government During the program, each participant MBA Programs. “The EMBA Program Arch Coal, Inc. Kristen Pederson David Farr Mark Lewis, MBA ’94 Partner, AG Strategy and Market Jim Zimmer, EMBA ’01 also is guided through a series of online provides an extraordinary, cross-func- Chairman, CEO and President, Principal, Development Leader, Vice President, U.S. Branded Business, assessments to determine his or her tional learning experience for sea- Emerson Advantage Capital Partners Global Business Services, Monsanto Company Vivien Life IBM competencies and areas for growth – soned executives seeking to transform Head of External Relations Group, resulting in a Professional Development themselves and their businesses.” Foreign and Commonwealth Office, United Kingdom

6 | 2007 2007 | 7 OlinBusiness OlinBusiness

Faculty research aNd News

Olin faculty is widely regarded as among the best for its scholarly research productivity, TAVA OLSEN, Associate Professor and lowers the cost of capital but also TODD ZENGER, Robert and Barbara of Operations and Manufacturing introduces volatility in a fi rm’s share- Frick Professor of Business Strategy according to The University of Texas at Dallas Research Productivity Study, the Financial Times Management holder base – exposing management and, most recently, Academic Analytics’ “Faculty Scholarly Productivity Index,” which ranked to uncertainty regarding the identity “Envy, Comparison Costs and the Theory “Inventory Management Under Mar- of future shareholders and their in- of the Firm,” a paper Zenger co-authored Olin third and was published in The Chronicle of Higher Education in 2007. Examples of recent ket Size Dynamics,” a paper Olsen tervention in management decisions, with Jackson Nickerson, Frahm Family work are highlighted below. co-authored with Rodney P. Parker, yale which affects the manager’s perceived Professor of Organization and Strat-

Markus Baer Richard Frankel Barton Hamilton (left) and Bruce Lee Hall Tava Olsen Anjan Thakor Ozge Turut Todd Zenger

MARKUS BAER, Assistant Professor with pressing deadlines, individuals are items excluded from street earnings are University, explicitly decision-making autonomy and curtails egy, explores the role that envy and of Organizational Behavior more likely to rely on familiar algorithms, more likely to recur when fi rms have less OUT OF STOCK models the loss of managerial inputs. The authors extract social-comparison processes play in stifl ing creativity. independent boards. goodwill by includ- predictions about how investor partici- shaping the structure and boundaries In his paper “The ing an underlying pation infl uences stock-price level and of organizations. Zenger and Nickerson Curvilinear Rela- RICHARD FRANKEL, Associate BARTON HAMILTON, Robert market that may grow volatility and the public fi rm’s incentives propose that employees who perceive tion between Professor of Accounting Brookings Smith Distinguished or shrink depending on the de- to go private, providing a link between inequity in the allocation of rewards Experienced Professor of Entrepreneurship cisions of the fi rm. Olsen and investor participation and fi rm participa- within an organization impose tangible Creative Time “Street Earnings and Board Indepen- Parker ask whether a stockout tion in public markets. costs on the fi rm, which they defi ne as Pressure and Cre- dence,” a paper Frankel co-authored In his paper “Evaluating Individual Sur- cost exists that can serve as a comparison costs. Managers control the ativity: Moderating with Sarah McVay, University of Utah, geons Based on Total hospital Costs: Evi- good proxy for the loss of goodwill and OZGE TURUT, Assistant Professor magnitude of comparison costs through Effects of Openness and Mark Soliman, University of Wash- dence for Variation in Both Total Costs fi nd, under certain conditions, such a of Marketing the design of incentive systems, organi- to Experience and ington, examines items excluded from and Volatility of Costs,” co-authored by proxy does exist. They quantify its value. zational structure and the use of outside Support for Creativity,” “street earnings.” Street earnings are Bruce Lee hall, associate professor of In her paper “Vaporware, Suddenware vendors. As an example, managers co-authored by Greg R. Oldham, Uni- earnings predicted by analysts and do surgery and assistant professor of ANJAN THAKOR, Senior Associate and Trueware: New Product Prean- commonly avoid offering high-powered versity of Illinois at Urbana-Champaign, not contain items included in audited management, Washington University, Dean and John E. Simon Professor nouncements Under Market Un- incentive systems to employees engaged Baer questions the common notion that earnings that are identifi ed by manag- and Darrell Campbell Jr. and Laurel Phil- of Finance certainty,” co-authored by Elie Ofek, in a particular activity, not because these individuals produce their most creative ers and analysts as nonrecurring. The lips, University of Michigan, hamilton harvard University, Turut examines an incentives fail to effectively motivate work under extreme time pressure. Tight street-earnings number is designed to combines patient-level characteristics In his paper “Market Liquidity, Investor incumbent’s preannouncement strategy those they target, but because the re- deadlines, he suggests, may be as harm- aid investors seeking to predict future and internal hospital cost data to assess Participation and Managerial Autonomy: when there’s uncertainty regarding the mainder of the organization, in response ful to creativity as having no pressure at earnings and value a company. They fi nd individual surgeon performance. The Why Do Firms Go Private?” co-authored commercial viability of a new-product to these rewards, imposes high compari- all. Baer and Oldham examine whether overall cost of treating a “representative by Arnoud W. A. Boot, University of opportunity and the threat of a rival en- son costs. When comparison costs are this relation would be more pronounced patient” (controlling for patient health Amsterdam, and Radhakrishnan Go- try. Turut and Ofek show that when the high, managers choose to outsource. for employees open to new ideas and and procedural complexity) varies signif- palan, assistant professor of fi nance, entrant’s signal is reliable, the incum- whose creative efforts are supported icantly across surgeons, with differences published in the forthcoming Journal bent engages in “vaporware,” prean- by superiors and co-workers. Data were as high as 45 percent. Surgeons differ of Finance, Thakor analyzes a publicly nouncement plans that aren’t legitimate. obtained from 170 employees and 10 signifi cantly in the variance of costs traded fi rm’s decision to stay public or When the entrant’s signal is unreliable, supervisors within a large food-manufac- associated with patient treatment. To the go private, focusing on the stochastic the incumbent will engage in “trueware,” turing company. Baer and Oldham fi nd extent these results refl ect surgeon-spe- nature of investor participation in the an accurate preannouncement of plans open, supported individuals are most cifi c practice styles, they suggest a tar- public market. he maintains that the to create market hype or “suddenware,” creative when they work under moder- get for quality improvement from both liquidity of public ownership is both a avoiding the preannouncement of plans ate levels of time pressure. When faced the payer and provider perspectives. blessing and a curse. It facilitates trading despite the fact that plans exist.

8 | 2007 2007 | 9 OlinBusiness OlinBusiness

Faculty Research and News

Endowed Chairs Honor Distinguished Faculty Reid Awards Recognize New Award Promotes Exceptional Teaching Business Results lin faculty selected Tzachi he recently launched Olin Zach, assistant professor of Award for Research Contribu- O accounting and academic T tions to Business Results hon- director of the Master of Account- ors Olin faculty whose published work ing (MACC) Program, as the 2007-08 has the greatest potential to advance Marcile and James Reid Teaching business. Richard J. Mahoney, Olin’s Chair. Recognized for his excellent executive in residence and former teaching, Zach received $10,000. chairman and CEO of Monsanto Com- Students also chose Reid pany, initiated the annual award that Teaching Award recipients who best includes a $10,000 honorarium. demonstrated innovation, enthusiasm Professor Tzachi Zach has been honored for his innovative teaching style. From left: David Hollo, Mahendra Gupta, Christopher Danforth, EMBA ’07, Elizabeth Little, Faculty research publication submis- and inspiration in the classroom. Jim Little, Carolyn Danforth, Donald Danforth III, John Danforth, Susannah Danforth, William sions were solicited in August. The The 2007 awardees are: Stuart behavior; Michael Faulkender, assistant professor of marketing; Mark Soczek, Danforth and Mark Wrighton winner, selected by a special group Bunderson, associate professor professor of finance; Panos Kouvelis, lecturer in accounting; Jeroen Swinkels, of eight senior executives, will be an- of organizational behavior; Sergio Emerson Distinguished Professor August A. Busch Jr. Distinguished ndowed chairs, also called nounced in February and recognized Chayet, assistant professor of of Operations and Manufacturing Professor of Managerial Economics endowed professorships, honor formally during Olin’s 2008 Distin- operations and manufacturing Management; Stacy Jackson, adjunct and Strategy; Annette Veech, senior E faculty for superior teaching guished Alumni Awards dinner which management; Samuel Chun, lecturer professor of organizational behavior; lecturer of business communications; and scholarship and serve as legacies will be held in the spring. in marketing and director of Custom Glenn MacDonald, John M. Olin Todd Zenger, Robert and Barbara Frick for donors and their families. Endowed “We have excellent researchers Executive Programs; Kurt Dirks, Distinguished Professor of Economics Professor of Business Strategy; and chairs provide a steady funding at Olin,” Mahoney says. “This award associate professor of organizational and Strategy; Martin Sneider, adjunct Tzachi Zach. source, enabling a school to build its helps connect them and their work to programs and facilities. Endowment the business gifts also augment recruiting and community Professors Swinkels and Veech Discuss Life Inside and Outside Their Classrooms retention efforts. by show- Jim Little was installed as the Don- casing uring a break in their schedules, of students’ writing, oral presentations and cards. I’ve written a novel and am ald Danforth Jr. Distinguished Profes- Jackson Nickerson and Donald Frahm, BSBA ’53 research OlinBusiness Magazine caught and “real-time” communications. In one planning to find a literary agent. Plus, I sor of Business on Dec. 13, 2006. The that is Dup with Jeroen Swinkels, August role-playing exercise, I tell students: love skiing, reading, trap shooting, hik- chair honors Donald Danforth Jr. and Organization and Strategy in spring grounded A. Busch Jr. Distinguished Professor of “You have 30 seconds in an elevator with ing and gardening. recognizes contributions made by the 2008. Donald R. Frahm, BSBA ’53, es- in rigorous Managerial Economics and Strategy, your company CEO. Make a favorable Danforth Foundation. tablished the professorship in 2005. scholarly analysis but and Annette Veech, senior lecturer of impression.” Little’s research focuses on the im- Nickerson’s research focuses on also is at the nexus of real business business communications – asking them plications of globalization for business business strategy and public policy, issues. I have great hope the award what takes place in their classrooms and What do students like best strategies. He also is academic direc- organizational economics, technology will deliver on its promise.” what they do when they’re not teaching. about you and your courses? tor of the Executive MBA Program in licensing and organizational theory. Swinkels: I would say they like my en- St. Louis and the Washington Univer- Frahm served as chairman, presi- What courses do you teach? ergy level, and that I clearly enjoy what sity-Fudan University Executive MBA dent and CEO of the Hartford Finan- Swinkels: I primarily teach the “Com- I do. Program in Shanghai, China and direc- cial Services Group. He retired in 1997. Greenbaum Heads petitive Strategy” course. Veech: When students give me feedback tor of the London Summer Program. Community involvement is impor- Veech: At Olin, I teach “Effective Mana- on course evaluations or through Danforth, BSBA ’55, served as execu- tant to Frahm and his wife, Jean, Review Committee gerial Communication” and “Strategic e-mails, they often comment that my tive vice president of Ralston Purina and includes supporting Hartford tuart Greenbaum, former dean and Crisis Communication.” I also teach class exercises prepared them for real- until 1972 and continues to serve on Hospital and the Connecticut Chil- and Bank of America Professor two courses at Washington University life situations – like answering tough the company’s board of directors. dren’s Medical Center. In addition, he S Emeritus of Managerial Leader- School of Medicine. questions or putting together a compel- Jackson Nickerson will be installed serves on the Greater Hartford Cham- ship, headed an international committee ling PowerPoint presentation. as the Frahm Family Professor of ber of Commerce. appointed by the Council for Higher Describe your teaching style. Education (CHE) to review the quality Swinkels: I prefer using case studies Share some of your hobbies and of Israeli business school programs. The where appropriate, and I really push personal interests. Olin Welcomes New Faculty: programs are impacted by an increased students to evaluate these studies Swinkels: I ski whenever I can, walk Accounting: Sudarshan Jayaraman, Organization & Strategy: Barak Aharonson demand for management studies and a clearly and analytically. During my class to work, read history books (as well as Xiumin Martin, Ron Shalev (visiting) lack of teaching infrastructure. lectures, I encourage vigorous discussion lightweight novels) and play contract Management: Anup Kumar Sinha (visiting) Organizational Behavior: Ece Tuncel Findings will be used to encourage and debate. bridge. And I own a slightly weathered (visiting) economic growth, social mobility and Marketing: Michael Lewis, Ying Xie Veech: I believe people learn best from sailboat that I like to take out on Lake Top photo: Professor Jeroen Swinkels discusses prosperity in Israel. Accepted recommen- Operations & Manufacturing Strategy: J. Lamar Pierce an experiential teaching model. My Carlyle in Illinois. a case study with his students. Above: Professor dations include that schools specialize Management: Fuqiang Zhang courses are performance-based, includ- Veech: A few years ago, I began creating Annette Veech’s courses stress in-class in different disciplines and broaden the ing in-class simulations and critiques mixed-media art, like handmade books simulations and applied learning. education of business executives.

10 | 2007 2007 | 11 OlinBusiness By ProcessOlin ofBusiness Innovation

nnovation is a red-hot topic these days, in disciplines as diverse as science, education, technology and business and organizations as varied as hospitals, universities, govern- iments and corporations. The axiom behind the new economy, innovation makes companies competitive. Products successful. Entrepre- neurs visionary. And corporate leaders legends in their industries. What follows are excerpts from a roundtable discussion on innovation (okay, we mean a virtual roundtable discussion) with our resi- dent experts: Anne Marie Knott, assistant professor of strategy; Panos Kouvelis, Emerson Distinguished Professor of Operations and Manufacturing Management; Glenn MacDon- ald, John M. Olin Distinguished Professor of Economics and Strategy; Jackson Nickerson, Frahm Family Professor of Organization and Strategy; and Keith Sawyer, associate professor of education and adjunct professor of psychol- ogy, Arts & Sciences. How do you define innovation, and why is it important in business?

MacDonald: Joseph Schumpeter (who defined economic innovation in 1934) got it right: Invention is the creative pro- cess of coming up with something new, but innovation is the process of turning an invention into something valuable.

Sawyer: Typically, an innovation emerges when many people pool together their creative ideas over time. Innovations always are the source of new business, profit and products.

BY Process of

innovation Anne Marie Knott Panos Kouvelis Keith Sawyer Jackson Nickerson Glenn MacDonald By Jill Pfeiffer Turning ideas and inventions into products and services is systematic, teachable and extremely valuable to organizations’ performance and growth.

12 | 2007 2007 | 13 OlinBusiness By ProcessOlin ofBusiness Innovation

Knott: Innovation is a mechanism fi rms use to improve How much of innovation is process, how much is performance. And it’s the means by which fi rms contribute talent, and how much is luck? to economic growth. Sawyer: Talent isn’t really the key. your company won’t be Kouvelis: I agree with Anne Marie. Product life cycles more creative if you simply hire more creative types. Innova- are shortening as consumers demand greater variety and tion is an organizational process, and it’s organizations that customization. Innovation enables companies to bring new innovate. Parts of it are unpredictable, and that’s why people products to market more frequently. talk about luck. Increase Your Innovation Quotient Nickerson: In my opinion, an exact defi nition isn’t that Kouvelis: I’m with Keith on this. Innovators aren’t neces- important. What’s critical is that organizations accept that Want to learn more about innovation? Register for these sarily the creative people who paint pictures, write poems innovation is less about idea generation and more about upcoming Olin Partners’ Program (OPP) executive educa- or direct movies. Innovators use a systematic process with developing ideas into solutions that capture value. tion seminars: multiple steps – generating alternative ideas, experiment- ing with them and carefully allocating resources to develop So, an idea has to create value to be innovative? Leading Innovative Teams November 1, 2007 them – to solve business problems and achieve long-term competitive success. Knott: yes, otherwise it’s just an idea. In fi rms, it invariably Managing Innovation in December 5, 2007 translates into dollars, either cost savings or higher customer Established Companies MacDonald: It’s tempting to think of innovation as a bril- willingness to pay for products. liant thought or fl ash of light. The thought itself isn’t worth Visit our Web site at www.olin.wustl.edu/OPP, or call anything if you don’t do something with it. Innovation is a Nickerson: Keep in mind, value, like beauty, is in the eyes 314-935-9494 for information. teachable process, and it takes hard work. Most creative of the beholder – or the person interested in a product or thinkers have studied something to death. Albert Einstein service. My dad invented things in our garage that were spent years staring at the same problems. novel and innovative, but they didn’t make money. however, if a business wants to commercialize an innovation, the in- Knott: I think Thomas Edison had it right: 1 percent inspira- novation has to be profi table. Innovation is the lifeblood of “Firms have characteristic tion, 99 percent perspiration. Innovation is a process, al- growing profi t streams. though I do think the effectiveness of that process is driven What are the biggest obstacles to innovation? ‘innovation quotients,’ the ability by the depth and breadth of the people involved and also by Sawyer: Jackson’s right. Value is measured differently in dif- to generate economic value from organization design. Knott: There probably are several, but one that’s particularly ferent fi elds of activity. In business, it’s usually a quantitative interesting is past success. In numerous companies – Polaroid measure like profi t, productivity or employee and customer R&D spending. It appears that Professor Nickerson, how do you teach innovation? comes to mind – being wildly successful causes you to reject satisfaction. projects that won’t make you wildly successful. Unfortunately, innovation quotient improves as Nickerson: Ideas are embryonic; they need to be nurtured the wildly successful ideas are hard to come by, and as they age, Innovation isn’t the same thing as creativity, right? a fi rm ages, which suggests that and developed before they’re hatched. In my “Strategic Man- you need to replace them with something. agement of Innovation” course for executive MBAs, I teach Knott: Creativity is the capability to generate ideas. It in- a company can learn to be more that effective innovators must: First, come up with good MacDonald: Anything new is hard on things that are old. volves seeing things others don’t and connecting dots others innovative.” problems, compelling questions and insightful theories. Sec- Think about what the digital camera business meant for haven’t connected. Innovation is the process of converting ond, creatively recombine and organize their knowledge and Kodak. Innovations, by nature, are messy at fi rst. you have to those ideas into something commercially viable. people to search for solutions. And third, devise strategies put up with low yields for awhile. CFOs have to be venture Anne Marie Knott that capture value from these solutions. capitalists. They have to make little trees grow. Sawyer: Creativity is the raw ideas each individual has. Assistant Professor of Strategy If a company doesn’t have innovation in its DNA, Kouvelis: If a company overloads the process and has too can it learn to be innovative? many products in its innovation pipeline nothing comes out. Far better to select a few and give them the right lead time Knott: Firms have characteristic “innovation quotients,” and resources. the ability to generate economic value from R&D spending. It appears that innovation quotient improves as a fi rm Nickerson: Senior leadership must support idea genera- ages, which suggests that a company can learn to be more tion and development and allocate appropriate resources innovative. to quickly undertake killer experiments – experiments that verify the value of the innovation or lead to terminating MacDonald: I won’t concede that innovation is genetic in the project. organizations. It’s an analytical business process. Companies need to give managers the opportunity, incentives and Share some examples of companies that innovate well. resources to capitalize on it. Innovation should be an ongo- ing management activity – not simply people sitting around MacDonald: here’s one that won’t make many top-10 lists: thinking up new ideas. W. L. Gore & Associates (manufacturer of GORE-TEX). It has come up with hundreds and hundreds of ways to produce Sawyer: Innovation isn’t window dressing; it requires some things that people value. I believe we focus too much on “ooh- radical rethinking of the organization. When most manag- ah” products and ignore innovation in services. Bank of Amer- ers hear what it really takes, they tell the consultants “thank ica’s integrated fi nancial services and online banking changed you,” and send them on their way. consumers’ lives.

14 | 2007 2007 | 15 OlinBusiness By ProcessOlin ofBusiness Innovation

Sawyer: I second Glenn’s opinion on W. L. Gore & Associ- ates. I’ve included the company in my forthcoming book, “Group Genius.”

Why is Olin positioned to be an innovation leader?

Nickerson: We’re well positioned for several reasons. Our size allows us to teach in ways that others can’t – we go a lot Gary Fitzmire Nekisha Williams Omotola David Schimmel Leroy Nunery II deeper into subject matter and help our students develop a Dave Peacock EMBA ’97 MBA ’04 EMBA ’00 BFA ’98, with a Major from MBA ’79 new approach to problem formulation and problem solving. Vice President and Program Director President, Vice President Olin in Marketing President of Schools Olin faculty excels at research and critical thinking, which is Directed Energy Systems (DES), Equilibrium Marketing of Business Operations, President/Creative Director, Management, the basis for creative thinking and innovation. We’re sys- The Boeing Company New Orleans Anheuser-Busch Companies, Inc. And Partners Edison Schools tematically enhancing critical thinking and adding courses St. Louis St. Louis New York New York and seminars on innovation in our degree and non-degree executive education programs for business professionals. Photos of sleek strike-fighter “Innovation begins with the abil- Dave Peacock loves sports, so David Schimmel’s world is What we teach young people jets hang on the walls of Gary ity to think without limits,” says let’s use this analogy. Innovation divided into left brainers, right today determines how innova- Knott: We have a significant number of faculty members in Fitzmire’s office, along with Nekisha Williams Omotola. “The is to Anheuser-Busch Companies, brainers and individuals with the tive they’ll be tomorrow. Their economics, organizational behavior and strategy who do re- other tributes to Boeing accom- success of products and services Inc. what “Cover-2” defense is to ability to “balance practicality ability to meet future chal- search in areas related to innovation. This interest inevitably plishments. Describing the that come out of the innova- the Indianapolis Colts or batter/ and originality.” You’re either lenges – in everything from makes its way into the curriculum – in our existing classes images, he says: “When you tion pipeline depends on the pitcher match-ups are to the St. born creative, or you’re not, he health care to technology to strength of the ideas that go in.” believes. And the creative pro- business – requires curios- and the creation of new classes. In my corporate strategy open up an F/A-18, it’s a beauti- Louis Cardinals: a strategy to ful work of art. That’s what some She runs Equilibrium, a win fans and outplay the compe- cess depends on the “richness of ity and creativity. A better course, a key theme is creating value over time (which inher- folks would call creativity.” one-woman marketing enter- tition. people’s minds.” understanding of science and ently is innovation), and my entrepreneurship class teaches Boeing, an aerospace giant tainment firm that boasts 20th The company produces more If you dismiss him as a typical math. And the character to students how to design a venture around an idea. – and the world’s leading Century Fox Home Entertain- than 60 varieties of beer and al- creative, you don’t know what lead other people. manufacturer of commercial ment as a client. coholic beverages, including top- he’s about. Schimmel is as good No one believes this more MacDonald: Research is our strong suit, and we bring it and military aircraft – helped Williams Omotola helps sellers Bud Light and Budweiser, with financial statements and strongly than Leroy Nunery into the classroom. The methods and mind-set of research define innovation in the 20th Fox innovate by “developing and operates 12 breweries in the spread sheets as he is with type- – and the other members of are the methods and mind-set of innovation. We take new century. Fitzmire says the strategic partnerships and United States. faces and negative space. Edison Schools’ executive team. ideas, turn them into something useful and apply them to company not only changed identifying new properties for Although its major brands are In 1998, he graduated from “Our organization is an innova- business. We know how to break innovation into component how we travel, communicate acquisition. The film industry known (and enjoyed) through- Washington University with tion in and of itself,” he says. parts, so our students learn the process behind innovation. and defend nations but also is willing to take risks on inter- out the world, Anheuser-Busch a BFA and a second major in “For the last 15 years, we’ve how we look at the universe. esting projects and individu- Companies, Inc. also is expand- marketing. Schimmel spent a challenged the norm of public Boeing’s corporate culture val- als,” she says. ing sales through mergers and year as design director at Young education.” Kouvelis: Experiential components – like special projects ues risk-taking, collaboration and She has promoted a couple acquisitions and by creating & Rubicam – the agency actually Founded in 1992 by entre- and internships with innovative companies – are extremely “diversity of thought.” Employ- of saints, as well as hundreds of products targeted to specific started the position for him – preneur Chris Whittle, Edison important to teach students how to monitor and manage ees are encouraged to be world Bratz (dolls). “Boondock Saints,” market segments. then launched his own design Schools works in partnership the tremendous level of uncertainty that often comes with class in their skills, work as a a movie written and directed by “Innovation is consumer firm in New York, at age 23. with state organizations, school innovation. We also educate senior executives and managers team and enjoy what they do. Troy Duffy, was a flop at the box centric,” Peacock says. “By Olin’s BSBA Program districts and charter boards to not just to lead effectively in current markets but also to “If you’re missing one of those office, but the DVD became a talking and listening to con- grounded him in management improve public education and innovate effectively for future growth and long-term, sus- components, you don’t get the cult classic. sumers, we identify gaps in our fundamentals. It also made him raise student achievement. The tainable success. n innovative spark or the ability to Williams Omotola designed an existing product line, as well fluent in the “language of busi- company operates in 19 states, color outside the box.” event around the unrated special as anticipate future needs. ness,” a tremendous advantage the District of Columbia and According to Fitzmire, the edition of the movie, which was “To develop new ideas, you when he’s consulting with CEOs the United Kingdom. It served “It’s tempting to think of space race to the moon inspired re-released in select theaters for have to get money for something or CFOs. approximately 285,000 students innovation as a brilliant thought countless baby boomers to one night. “What was innovative that doesn’t exist yet. We have As a result, he has perspec- last year. Most come from urban “dream the next dream.” And about our promotional campaign the infrastructure within our tives most designers don’t. areas and families who live at or or flash of light. The thought he never stopped dreaming. was that we didn’t use tradi- company to nurture innovation. “What’s most important to below the poverty line. “After 25 years as an engineer, I tional media,” she says. Buzz was And we do our homework very my agency is that our think- Nunery says Edison Schools itself isn’t worth anything if feel like I’m just beginning. The generated through online viral carefully. Every year, we conduct ing works commercially. I’m invested heavily in R&D to estab- you don’t do something with it. future offers amazing opportuni- advertising and 30-second spots hundreds of focus groups and constantly challenging my team lish a cutting-edge curriculum, ties to explore other domains of in theaters. The movie sold out Internet studies, and we research to develop ideas that solve real an interactive assessment sys- Innovation is a teachable process, space and technology.” nationwide. international trends. Our goal is problems for our clients.” tem and superior supplemental Directed Energy Systems She scored another homerun to create value along the entire Schimmel defines innova- services. The company’s online and it takes hard work. Most (DES) works exclusively for the with the Bratz Rock Angelz DVD. chain – increased profits for our tion as “strategic creativity.” Benchmark Assessment Program creative thinkers have studied U.S. government on “next-gen- Bratz rival Barbie as the doll wholesalers, higher margins for He says: “The challenge for allows teachers to track individual eration products that achieve of choice for 9- to 11-year-old our retailers and greater satisfac- companies is channeling in- student progress. Administra- something to death. Albert breakthrough performance. We girls. Williams Omotola created tion for our customers.” novation in a way that creates tors can assess strengths and tackle the laws of physics on the a partnership with Limited Too The collaborative environment value. Sometimes, a good idea weaknesses of entire classes and Einstein spent years staring at the government’s behalf.” and promoted the DVD “all over of Olin’s Executive MBA Program can’t be validated or focus grade levels. same problems.” Fitzmire says Olin’s strategy malls in high-indexing Bratz mar- encourages innovation, he says. tested. Convincing busi- There’s a qualitative as well aligns with Boeing’s – emphasiz- kets, using posters and signage. “The program taught us how to nesspeople to trust their gut as quantitative component to ing organizational effectiveness, “Thanks to Olin, I’m better resolve problems and accomplish instincts is hard. Creativity is Edison Schools’ mission, Nunery Glenn MacDonald growth and the ability to lever- able to make decisions that are tasks as a group, which is criti- like investing: the greater the explains. “We’re connected to a John M. Olin Distinguished Professor of age strengths into innovative not only creative but also profit- cally important because no one perceived risk, the greater the greater whole. Our job is about Economics and Strategy products and services. able.” innovates by himself or herself.” reward.” revitalizing communities.”

16 | 2007 2007 | 17 OlinBusiness Driving Growth,Olin BusinessBuilding Profits

One of these companies is Smurfit- tion,” “Critical Thinking” and “Brand “This program helps us prepare for our Stone Container Corporation, with dual Ambassador.” According to Ken Bardach, next stage of evolution,” says Mark Feurer, headquarters in St. Louis and Chicago. associate dean and Charles and Joanne Bunge’s director of personnel planning Formed through the merger of Jefferson Knight Distinguished Director of Execu- and development. “It focuses on where we Smurfit and Stone Container corpora- tive Programs, these initiatives are based are today, where we’re going in the future tions in 1998, and expanded through on the competencies businesses need to and how our leaders manage change.” acquisitions, the company has approxi- survive and thrive in a global arena. mately 24,000 employees and 200 facilities The Strategic Metals Management Pro- A wide variety of clients in the United States, Canada and Mexico. gram teaches “up-and-coming executives Smurfit-Stone, Bunge and MSCI aren’t It turned to Olin’s Custom Executive Pro- how to build high-performance organi- the only satisfied customers. Olin has pro- grams team to design a curriculum that zations and creates a network of future duced Custom Executive Programs for a advances Smurfit-Stone’s business strat- industry leaders,” says Ann Zastrow, vice broad spectrum of organizations in a wide egy to implement an integrated business president, education, Metals Service Cen- range of industries – including Colliers model and succession plan that cultivates ter Institute (MSCI). The Custom Execu- Turley Martin Tucker, Nestlé Purina Pet- new talent within the firm. tive Programs team worked with MSCI Care, Black & Veatch, TALX, Monsanto to develop a five-module, cross-functional Company and Brown Shoe. Eliminating the silo mentality course of study. Topics cover high-priority Ther-Rx, a subsidiary of KV Pharma- Working with Smurfit-Stone executives, themes, such as shareholder value, market ceutical, was looking for management Custom Executive Programs Director focus, profitable growth and operational development and training. “We evaluated Samuel Chun and Jackson Nickerson, excellence. Bardach says participants “have several business schools and consulting Frahm Family Professor of Organization given us an overall score of 4.9 and 4.8 on firms and chose Olin,” says Margie Kan- and Strategy, created the Advanced Lead- the first and second module, based on a dra, manager of training and specialized ership Development Program (ALDP). 5.0 rating scale.” development. “It establishes networking relationships “We couldn’t be happier with the out- The combined Olin and Ther-Rx throughout our company that bring our come,” Zastrow says. design teams created a program that groups, functions and cultures together,” Bunge, a global agribusiness and food- taught managers how to improve their says Cynthia Bowers, Smurfit-Stone’s products company, has participated in relationships with direct reports and former vice president of compensation, Olin’s Custom Executive Programs since analyze strategic field data to improve benefits and human resources services. 2002. The business school helped the performance, enhance productivity and “Our multiple divisions frequently corporation establish a company-wide increase profits. Pleased with the results, operated as individual silos. For instance, leadership development program. Ther-Rx returned to the business school the division that manufactures linerboard In September 2006, Bunge began an for a second round. often had little dialogue with the division executive development program to spur In June, senior executives from Brazil- that takes these boards and makes them leadership and organizational growth ian enterprises came to the Knight Center into corrugated containers – until ALDP. in all company areas – from the fertil- for the weeklong Strategy for Growth Now, our managers are better equipped izer business to trading to operations to Program – a joint venture between Olin to address business concerns globally and consumer sales. Approximately 100 Bunge and Brazilian business school Fundação to understand how decisions they make senior executives will engage in five train- Dom Cabral. The kickoff speaker was locally affect the company as a whole. ing sessions during a six-month period. Chuck Knight, chairman emeritus of “ALDP energizes and motivates our leaders, encourages collaboration and “Olin Custom Executive Programs fuse innovation makes us hungry to learn more about our company. We simply couldn’t ask for with strategy – providing solutions that are uniquely anything better.” and powerfully targeted to clients’ needs.” Creating value for companies Samuel Chun, Custom Executive Programs Director “Olin Custom Executive Programs fuse innovation with strategy – providing ompetition in the world solutions that are uniquely and powerfully Emerson, who talked about Emerson’s marketplace is intensifying targeted to clients’ needs,” Chun says. The growth strategies during his 27-year Driving Growth, at an unprecedented pace. To process begins with a needs assessment. tenure and challenged executives to make C drive growth, build profits and Chun assembles a faculty design team, their ventures top performers. provide strategic advantage, organizations who meets with the client’s senior man- “Business problems are international Building Profits and their senior management teams need agement and operating staff, senior HR and they’re cross-functional,” Chun to be agile and creative. As a result, many staff, program design team and a focus emphasizes. “To find the best solutions, companies are turning to Olin’s Custom group of potential program participants. we get our clients to view business issues Executive Programs for targeted solutions Each program is tailored to the specific holistically. “ By Donna Aronoff-Smith that address today’s most compelling and client. But the building blocks may come “We measure the success of our Cus- timely business issues, such as sustain- from Olin’s six Platform Initiatives: tom Executive Programs by their out- able growth, innovation, globalization and “Growth Engine,” “Customer Focus,” comes,” Bardach adds. “It’s clients’ results leadership development. “Customer Solutions,” “Vision to Execu- that count.” n

18 | 2007 2007 | 19 OlinBusiness WomenOlinBusiness in Business

“Successful women need greater visibility. They need to be quoted on hard issues – not just Women women’s issues – and they need to share their stories in the business environment.” in Business Teri Plummer McClure, BSBA ’85, Senior Vice President of Legal, Compliance and Public Affairs, UPS by M. A. Unser

andra Van Trease wants to need to share their stories in the business In addition, Olin has been involved in a inspire more females to follow environment. number of awareness-building initiatives her up the corporate ladder. “It’s crucial that we focus on getting for women, Bouffides says. “For example, Van Trease, EMBA ’92, is group more women into business schools, so we we recently became a member of the pres- president for BJC HealthCare can prepare more women for all facets of tigious Forté Foundation, a consortium of sand a member of Olin’s National Council. business.” business schools, corporations and non- “Diversity, in all its aspects, is impera- profit organizations that work to increase tive to an organization’s ability to deliver Making gender the number of women in MBA programs on its objectives and goals,” she says. “One diversity a priority and management positions.” way to achieve greater diversity is to bring Across the country, smaller numbers of Forté Foundation membership is by larger numbers of women into business. women enter graduate business programs invitation only. The foundation’s list of “When I have one-on-one conversa- than other professional programs. One members and sponsors is a “who’s who” tions with young women, I talk about the theory for the shortage is timing. Unlike of some of the world’s most influential basics. I tell them you have to do what you law or medical school students, traditional businesses and business schools – like do very well, be willing to take on extra MBA candidates are encouraged to work Credit Suisse, Dell, Deloitte, Deutsche Far right: Teri Plummer McClure, BSBA ’85 responsibility, give credit to others and for four to five years before continuing Bank, IBM, INSEAD, Harvard Business demonstrate intellect and drive.” their education. As a result, pursuing an School and London Business School. Right: Merry Mosbacher, MBA ’82 Another woman who has reached the MBA may conflict with the desire to start “Our membership validates that we’re top of her profession is Merry Mosbacher, a family, families’ financial plans or other on board with the foundation’s mission,” MBA ’82 and general partner and insur- personal priorities. says Sarah Melson, MBA ’00, director of ance marketing lead for Edward Jones. In “Gender diversity is a priority at Olin,” MBA student services and Olin’s primary 1986, she became the firm’s fifth female says Evan Bouffides, assistant dean and representative to the Forté Foundation. “It partner. Today, Edward Jones has 45 director of MBA Admissions and Finan- also speaks to the quality of the education female partners worldwide. cial Aid. “Last year’s class was about 30 we offer female students and our commit- “At the time I graduated, there weren’t percent female, which is good compared ment to developing women leaders.” many women MBAs. We had the super- to other leading business schools. But we woman syndrome. You know, we could do think we can do better.” Leveraging an invaluable it all! My first son was born in 1988, two Women comprise about 50 percent of professional network years after I made partner.” Olin’s Master of Accounting (MACC) Becky Brunner, MBA ’08, and a Forté Mosbacher believes girls need to be and Master of Finance programs, 37 per- Fellow says: “I encourage every Olin exposed to business concepts, particularly cent of its undergraduate program and 24 woman to take advantage of Forté finance and economics, much earlier. percent of its Executive MBA Program. membership and resources, including its “If we wait until high school, young Olin and Washington University offer Web site, newsletter, podcasts and events. women may lose interest.” attractive advantages for female appli- The foundation provides an invaluable “Successful women need greater cants: excellent academics; a personalized network of contacts and mentors we can visibility,” adds Teri Plummer admissions process; partial-to-complete leverage to gain new opportunities.” McClure, BSBA ’85 and senior financial aid packages and scholarships, According to Melson, Forté Fellowship vice president of Legal, Com- such as the Spencer T. Olin Scholar- selection is based on candidates’ academic pliance and Public Affairs ship for Women and Forté Fellowships; performance, leadership experience and for UPS. “They need to be Weston Career Center advisors; a world- commitment to women’s issues. Brun- quoted on hard issues – not wide network of alumni and mentors; and ner has been active in numerous women’s just women’s issues – and they an engaged business community. organizations and events and is

20 | 2007 2007 | 21 WomenOlinBusiness in Business OlinBusiness

president of the Olin Chapter of the In January, Olin’s Executive MBA oliN ProFile National Association of Women MBAs Program will sponsor the St. Louis Busi- (NAWMBA). ness Journal Women’s Conference for the Olin was selected by a nationwide second year in a row. search to host NAWMBA’s 2006 Na- “We want Olin to be the school of A Conversation With Kay Henry tional Conference, which was held last choice for professional women who want November on the Danforth Campus. to upgrade their skill set or completely Th e conference attracted more than 500 reinvent their career,” explains Kay Henry, The associate dean and director of Executive MBA Programs talks to OlinBusiness Magazine women MBAs from more than 40 univer- associate dean and director of Executive about a range of professional and personal topics. sities, as well as about 200 recruiters. Th e MBA Programs. conference agenda included a career fair; “Th ere are so many reasons why sessions on negotiating and selling your- diversity – with women and underrep- self; and keynote addresses from success- resented minorities – is important,” she ful women who shared their experiences says. “Research indicates diverse teams ay henry calls herself an “iconic we have with the School of Management on “getting there.” produce sounder business decisions and citizen of the world,” with a laugh at Fudan University in Shanghai, China. “It was a phenomenal opportunity,” says better creative output. Th eir work has the Women as Dealmakers Kthat lets you know she isn’t seri- Danette Wilson, MBA ’07, one of the potential to address a broader share of the ous about the remark. Except, in her How does the program conference’s three chairs. “Participants left market and increase value for fi rms and “Women’s Leadership Skills/Stra- case, it’s a pretty good description. henry address leadership challenges? with tools they didn’t have before. I think customers. And in terms of organizational tegic Negotiations,” an executive has taught in Egypt, the United Arab Our interdisciplinary curriculum is it was especially benefi cial for representa- culture, if both men and women are rep- education seminar taught by Judi Emirates, and Kenya; conducted inter- designed to help students think criti- tives from schools that have few women resented in management, the psychology McLean Parks in May, was designed national business briefi ngs in places like cally, operate in a global environment in their program. For them, it was a of the workplace can be handled in a more to help businesswomen “exercise Singapore, Vietnam, the Czech Republic and foster innovation in their organiza- chance to develop a larger network.” balanced and realistic way.” control over their careers and fi nan- and Chile; participated in the United tions. It also builds self-awareness of cial health.” Nations Fourth World Conference on what it takes to become an effective and Flexibility builds trust According to McLean Parks, Reu- Women in Beijing; and spent time in responsible leader. Today’s businesses and retains talent ben C. and Anne Carpenter Taylor Algeria, Australia, Brazil, Europe, India have to be nimble and able to change on “Businesswomen need to take a close, Professor of Organizational Behav- and Turkey – among other locations. a dime. Old methods won’t solve new hard look at the culture of their company,” ior, women’s progress into leader- In addition to English, the linguistics problems. Leaders create value by dis- says Mosbacher. “At Edward Jones, I don’t ship positions has been slow during major speaks fl uent French, profi cient cerning great ideas and aligning others hide being a mom. I have pictures of my the past 35 years. She says negotia- Spanish and basic Arabic. And her ré- around these ideas. kids in my offi ce. You have to work at tion is a fundamental skill women sumé includes Rice University, harvard “I want every graduate to fi nding the right balance. Sometimes, I must master to acquire resources, University and MIT as former employers. have a transformational Any personal heroes? may come in late or leave early for a par- infl uence policy and establish more henry is as warm and down to earth as I really admire my parents. My dad is her accomplishments are impressive. ent-teacher conference. But other times, solid working relationships. experience.” self-taught and has the most far-reaching I’m not home for dinner, or I’m out of Her seminar provided partici- mind I’ve ever encountered. My mom is You worked at Zayed University List your top-three priorities town on business. When we give people pants with a framework for con- a jazz pianist who cut her fi rst CD at 80. – women and men – fl exibility, they don’t ducting a wide range of deals. in the United Arab Emirates. for the Executive MBA Program. Tell us about that. I want every graduate to have a trans- abuse it. Th ey give back more to the or- Learning to negotiate eff ectively, What’s it like for you I was looking for more international formational experience. I want to help ganization to preserve it. Th is trust helps McLean Parks says, enables being married to a chef? motivate and retain talent, and that’s good professional women to advance their exposure and a new adventure. When develop Olin’s partnerships with key Fattening. Our relationship began by my for business.” career – along with the success of Zayed offered me a position (as as- organizations across the United States complimenting his cooking. A friend and their organization. sistant dean of the College of Business and worldwide. And I’d like to increase For more information on the Forté Foun- I ate dinner at his restaurant in Boston dation, visit www.fortefoundation.com. n Sciences), I jumped in with both feet. diversity in the classroom – with more on a “dark and stormy night.” When My husband is from Algeria and speaks women, underrepresented minorities we fi nished, the waiter brought us free Arabic, so it was nice for us to be around and international alliances like the one “When I have one-on-one conversations with the cosmopolitan culture in Dubai. desserts. I said: “Please tell the chef The university was founded to in- these are wonderful.” I went back to the young women, I talk about the basics. I tell crease leadership among young Arab restaurant a few weeks later for coffee, women. Despite the messages we get in and the rest is history. them you have to do what you do very well, the United States, many females in the Middle East – especially in Dubai – see What are you reading – other than be willing to take on extra responsibility, few limitations to what they can do material for the EMBA Program? professionally. I just fi nished “The Orientalist: Solving give credit to others and demonstrate the Mystery of a Strange and Dangerous intellect and drive.” What attracted you to Olin? EMBA Information Session Life” by Tom Reiss. It’s an amazing story Dean Gupta has a strategic vision that for Prospective Applicants about a Jewish writer in Germany be- Sandra Van Trease will move the school forward. I’m im- 6 p.m., Oct. 25, 2007 tween the wars who poses as a Muslim EMBA ’92 pressed by the loyalty of the alumni, who Charles F. Knight Executive prince from Central Asia, a place where Group President look for every opportunity to offer their Education Center people of different religious beliefs once BJC HealthCare support. They’re the best examples of the 1-888-273-6820 or 314-935-9009 lived together in harmony. To me, his strength of Olin’s programs. story offers hope that peace is possible.

22 | 2007 2007 | 23 OlinBusiness A High DegreeOlinBusiness of Collaboration

of Management at Fudan University,” says The partnership was advanced through “Effective competition in business A h I G h D egree of Patrick Moreton, assistant dean and man- the leadership and support of Washington depends on managers’ competence,” says aging director of the EMBA-Shanghai University Chancellor Mark Wrighton Bryan Li, EMBA-Shanghai ’06, and chief Program. “We’re learning from each other. and Fudan University President Sheng- financial officer for Yingli Green Energy “When we started in 2002, Fudan had hong Wang, who solidified the relation- Holding Company Limited in BaoDing, extensive experience operating joint ven- ship started in 2001 by Stuart Green- Hebei Province. “The more well-trained ture programs, and Olin had experience baum, former dean and Bank of America executives a company possesses, the instructing executives,” he explains. “We Professor Emeritus of Managerial Leader- greater its competitive advantage.” collaboration pulled these capabilities together to get ship, and Zheng Zukang, former dean of EMBA-Shanghai up and running quickly; Fudan’s business school. Enhancing global understanding then effectively localize it over time. Our Olin Dean Mahendra Gupta and Little says interactions between EMBA The Washington University-Fudan University Executive MBA Program collaboration with Fudan compelled us School of Management at Fudan Univer- students and faculty in St. Louis and to become more sophisticated in interna- sity Dean Lu Xiongwen are working those in Shanghai are deepening. “Now, sharpens Asian business leaders’ analytical tools and conceptual skills. tional management.” together to extend the relationship to for all intents and purposes, we do an According to Moreton, Olin faculty other areas of cooperation. Both deans entire course together on negotiation members teach universal concepts on have committed to funding joint research and cross-cultural management. This

Left to right: Shanghai skyline; School of Management at Fudan University Dean Lu Xiongwen; Professor Jim Little, academic director; Patrick Moreton, assistant dean and managing director; EMBA–Shanghai class; gates at Fudan University

t 51, Simon Guo has 2006 ranking of international EMBA pro- global business, and Fudan professors between their faculty members and have collaboration broadens students’ under- By Rick Skwiot years of management grams, the Financial Times rated EMBA- give these concepts meaningful cultural sponsored conferences on topics of mu- standing of the global economy and the experience under his Shanghai eighth in the world and first in context. “EMBA-Shanghai students learn tual interest. challenges inherent in operating and belt. But the CEO mainland China. how to become good general managers, “We’re pleased by the strong showing of managing in a multinational context.” of EagleBurgmann “My EMBA education transformed my rather than individuals who are expert our joint venture but not surprised,” says In addition, EMBA-Shanghai students Industries China has knowledge and experience into wisdom,” only in their particular job function and Lu. “Fudan was one of the first Chinese attend a two-week session in St. Louis returnedA to school to become “a leader says Guo, EMBA-Shanghai ’07. “The country of origin.” universities to offer an MBA degree, and that caps their 18-month degree program. with global perspective and reach.” concepts I gained in the program have we have been at the forefront of coopera- In turn, EMBA-St. Louis students travel Guo is one of hundreds of execu- increased my ability to deal with global Building China’s prosperity tive educational management programs.” to Shanghai for 10 days of study with tives in China who have enrolled in the business issues.” Moreton says the demand created by “As we gain time and experience in the their peers in China. Washington University-Fudan University “The program gave me analytical the rapidly growing Chinese economy country, we acquire knowledge of Chinese Gupta echoes Little’s view on the Executive MBA Program, a partnership tools to solve business problems using a dictates “the development of excellent business culture that enriches our teach- partnership’s cross-cultural payoff: “We’ve between the universities’ business schools. structured and systematic approach,” says management practices must happen fast ing,” says Jim Little, academic director benefited tremendously from our relation- The program’s curriculum is based on Stella Ye, EMBA-Shanghai ’07, and senior – in 15 years instead of the 25 years it and Donald Danforth Jr. Distinguished ship with Fudan and have been extremely Olin’s Executive MBA Program – offered marketing manager for Anheuser-Busch usually takes in the West. Professor of Business. impressed by the caliber of executives to U.S. senior managers for more than Companies, Inc. in Shanghai. “As a result, “We encourage students to make the “Olin has brought its best science to who have participated in the program. 20 years – with fine tuning to meet the I’m better able to understand and evaluate knowledge they acquire in the program China,” he continues. “Our emphasis on Through this partnership, we’ve become specific needs of business leaders in Asia. industry competition, and I have a much available to their organizations and conceptual rigor produces managers who more experienced international managers, Known as EMBA-Shanghai within stronger finance and business sense.” communities. That way, our partnership can work anywhere in the world. And and we’re better able to equip our stu- Olin, the program has distinguished itself The program’s success can be attributed and collaborative research contribute to that’s exactly what China needs to move dents with the skills necessary for success since it was established in 2002. In its to “a synergy between Olin and the School China’s development and prosperity.” to the economic center stage.” in a global business arena.” n

24 | 2007 2007 | 25 OlinBusiness Research-DrivenOlinBusiness Thinking, Applied

“Cass has a strong brand in the United “An enormous amount of responsibil- internship. Bluth now is an analyst with Kingdom that is based on the quality ity was placed on me,” she says. “It was JPMorgan in New York. and breadth of its degree offerings,” says rewarding to have my work shown to im- “The program definitely was difficult, Dirk Nitzsche, Cass’ senior lecturer portant people within the company.” but that was the beauty of it,” says Erin The Olin Brand of Learning: in finance and academic director of “Jane is a great team player and excelled Harkless, BSBA ’05. Harkless also com- the London program. “You name it; in all tasks,” says her internship supervisor pleted program coursework at Imperial we have it, in terms of management and Rachel Payne, online sales coordinator for College and was an intern for Barclays finance expertise.” Jimmy Choo. in London. She researched stock sectors, Research-Driven Thinking, Applied “This program is the first step toward scheduled media interviews with Barclays Research enhances problem solving a deeper relationship with Cass and City representatives and wrote articles on University,” says Nick Hugh, Olin’s direc- “An excellent example of the business- United Kingdom and European equities. tor of European programs. “In our global involved, applied learning opportunities In July 2005, Harkless accepted a finan- marketplace, it’s imperative for business available at Olin, the program compels cial analyst position for the investment schools to have an international exchange students to integrate the skills required management division of Goldman Sachs of knowledge and expertise.” to solve complex, real-world management in New York. Hochberg agrees and adds that Olin problems,” Hochberg says. During his internship with Daimler- is planning to expand the International Internship Program to Hong Kong and “An excellent example of the business-involved, applied may include an internship in its study- abroad program in Madrid, Spain. learning opportunities available at Olin, the program Saline Jiang, AB ’08, studied at compels students to integrate the skills required to Cass and was an intern in Deloitte & Touche’s U.S. corporate tax division in solve complex, real-world management problems.” London, where she helped prepare tax Gary Hochberg, Associate Dean for Undergraduate Programs returns for European private equity firms that have U.S. shareholders. “The research component of the In- Chrysler in Stuttgart, Germany, Sergey “I was there during the accounting ternational Internship Program enables Chernenko, BSBA ’03, was part of a profession’s busy season. To meet our students to address business issues corporate development department deadlines, I’d stay at the office until 8-10 beyond their day-to-day job responsibili- research team that identified promising p.m. and work Saturdays and Sundays.” ties. In addition, it encourages students to products and accelerated their comple- Although her days were long, she says evaluate solutions from a more strategic, tion. He worked on a project to evaluate Dustin Kress, left, and Anil Ali, both BSBA ’08, compare notes during a presentation at Cass Business School at City University in London. the atmosphere at Deloitte was extremely cross-functional perspective.” the use of “controlled language” in friendly. “I’ll always remember how wel- Consider Tim Bluth’s 66-page paper, German and English technical docu- Education at Olin is a process mart and hard working, Olin Germany; and Académie Commerciale coming and helpful my managers and “Commercial Mortgage-Backed Securi- mentation and translation. undergraduates have a reputation Internationale (ACI-Negocia) in Paris. co-workers were.” ties.” He wrote it “on top of a 60-plus- Chernenko, who is from Kiev, Ukraine, that inspires and transforms. By for going the extra mile. But each Students choose their location, but the Jiang shared a flat with Jane Wu, BSBA hour workweek. There were several began the program at Koblenz University creating opportunities to apply S spring semester, a special group overall structure is the same: Approxi- ’07, who was an intern at Jimmy Choo. periods when I’d never see daylight. I’d with a three-week German course to pol- research-driven thinking – in of juniors and seniors goes thousands of mately one month of classroom study is Known for its glamorous shoes – many come to work when it was dark in the ish the language skills necessary for his extra miles – to Europe for the Interna- followed by a 15-week, full-time intern- actresses wore Jimmy Choo shoes to this morning and leave when it was dark at internship. He graduated summa cum the classroom, on the job and tional Internship Program. ship with institutions like Deloitte & year’s Oscars – the firm designs upscale night. But it pushed me to use what I've laude from Olin and is pursuing a PhD in through an extensive paper pre- “The experience changes their lives,” Touche LLP, Citigroup, Lehman Brothers women’s accessories. learned from a range of business disci- finance from Harvard University. Chern- sented to fellow students, staff says Gary Hochberg, associate dean and Goldman Sachs. Wu’s duties included responding to plines to draw intelligent conclusions.” enko credits the International Internship for undergraduate programs. “Students Students also complete an extensive customer inquiries; compiling marketing, Bluth, BSBA ’07 and a Washington Program with his passion for research. and company representatives return to Olin as young professionals. research paper and make an oral presenta- sales and competitor-activity reports; University varsity football player, partici- “You can’t imagine a more intensive – the International Internship Their transformation is dramatic.” tion at the end of the program. Their reviewing promotional copy for the pated in the London program at Impe- program for undergraduates,” Hochberg Program enables students to gain That transformation is part of the plan. topic must pertain to finance, manage- autumn/winter collection; updating rial College and worked as an intern at says. “Students come away from it know- At Olin, mastering functional skills, like ment or economics. Students frequently the Web site; assisting with the Online ABN Amro Bank. Impressed with his ing they can do something hard, which abilities and insights that drive accounting, economics and finance, is the tackle subjects related to their intern- Boutique; and dealing with high-profile performance, his supervisors asked him builds maturity, confidence and critical- business results. beginning of an educational process de- ship, and company representatives attend customers and the press. to remain with the bank for a summer thinking skills.” n signed to inspire and transform. How stu- presentations. In the Koblenz and Paris dents learn is as important as what they programs, students write their paper and By Jill Pfeiffer learn. The critical, creative and rigorously deliver their presentation in German or quantitative mind-set of Olin’s research French respectively. faculty shapes the learning environment. As a result, students gain an analytical, A new partner in London innovative, research-driven thinking style Available in both the spring and fall they apply to business challenges. The semesters, the London program is the International Internship Program puts most popular. Olin changed partners in this process in action. fall 2006 from Imperial College to Cass. The program is offered in partnership Located in the heart of London’s financial with Cass Business School at City Uni- district, Cass is one of Europe’s leading Nick Hugh, right, talks with business leader Speaker Jeffrey Rubin, BSBA ’08, highlights his Olin students preview the site of O2, Europe’s versity in London; WHU in Koblenz, providers of management education. Peter Chambré during a Cass reception. internship experience. largest entertainment venue.

26 | 2007 2007 | 27 OlinBusiness OlinBusiness

Alumni Connections

‘Conversations with Dean Gupta’ Engage Olin Alumni Thanks to Our Alumni he accomplishments of our alumni, in businesses large and T small across the globe, en- hance Olin’s reputation as one of the world’s best business schools. Each spring, we are proud to honor the David O. Becker Carl M. Casale Barbara Ann Feiner Steven T. Stull W. Patrick McGinnis most outstanding graduates with our Distinguished Alumni Awards. Awards Presentation Recognizes Alumni for Excellent Performance and Service Alumni generously give back to the school through financial gifts and lin recognized five exceptional nology traits and seed businesses in the million in institutional capital, targeting by sharing their time and expertise. graduates during its 2007 United States, Canada and Latin America investments in communities under- Hundreds participate in committees Distinguished Alumni Awards (Mexico to Peru). Since 1984, he has served by traditional venture capital and programs, creating a vibrant O alumni network that provides per- presentation held in April at The Ritz- moved up through the company – from firms. The company has offices in Austin, Carlton, St. Louis. his first job as a sales representative to Texas; Napa Valley, Calif.; New Orleans; spectives on issues that impact the This year's Distinguished Alumni his current position as executive vice New York; St. Louis; and Washington D.C. business school. honorees were David O. Becker, BSAS president, commercial North America Before Stull established Advantage Capi- Numerous alumni attended “Conversations with Dean Gupta” breakfasts during the 2006-07 aca- This year, the Alumni Association ’89, BSCS ’89, MBA ’89; Carl M. Casale, and Latin America North. tal, he led General American’s Securities demic year. The dean shared his vision for the future of Olin and discussed his long-range plan for assisted in the development of the EMBA ’92; Barbara Ann Feiner, MBA ’83; Feiner has been an elementary school Division. achieving strategic goals. For more information on future events, contact [email protected]. Olin Mentors Program. The program pairs experienced alumni with current and Steven T. Stull, BSBA ’81, MBA ’85. teacher, held positions at Edison Broth- • • • • • Becker is president and chief operat- ers and now is vice chancellor for finance MBA students to give students addi- ing officer of Cottingham & Butler, a and chief financial officer for Washington W. Patrick McGinnis, MBA ’72, CEO and tional counsel as they complete their leading risk-management and employee University. She oversees financial func- president of Nestlé Purina PetCare Com- studies and seek an internship or full- benefits insurance broker, with head- tions for an organizational system that pany, received the Dean’s Medal for his time position. quarters in Dubuque, Iowa. He previ- encompasses seven University schools service to Olin. He has been dedicated Olin is extremely fortunate to enjoy ously worked at IBM and was a partner at and is worth approximately $6 billion to the success and development of Olin the enthusiastic support of its alumni. McKinsey & Company. Becker serves on in assets. Feiner also serves on Olin’s students – providing internship and The long-term success of our school Olin’s National Council and is active in Alumni Association and the Washington career opportunities, as well as educa- benefits from their wisdom, guidance his community. University Alumni Board of Governors. tional and financial support. McGinnis and encouragement. Casale drives the operations and per- Stull, chief executive officer of Advan- says his contributions are “simply a way formance of Monsanto Company’s ani- tage Capital, founded his firm in 1992. of helping others access an outstanding Sincerely, mal agriculture, crop chemicals, biotech- Advantage has raised more than $800 Olin education.”

Alumni and Families Tour Chinese Cities From left: Jason Emde, MBA ’08; Yinlan Chen, MBA ’08; Teresa Wallace, MBA ’08/MSW ’06; and their mentor, Chuck Cook, MBA ’68, former vice president and general manager of Ashland Specialty Chemical Company Burl E. Stamp, MBA ’87 n June, 31 Olin Executive MBA President, Program alumni and their fami- Alumni Mentors Offer MBAs Professional Counsel Olin Alumni Association 2006/2007 lies visited China on a two-week I President, Stamp & Chase, Inc. trip sponsored by the EMBA Travel ast spring, 26 alumni and 33 first- dent of the Olin Alumni Association Committee. Their itinerary consisted year MBA students participated in executive committee, the program of five cities: Beijing, Xian, Guilin, L the pilot Olin Mentors Program. responds to alumni requests for more Shanghai and Hong Kong. The travel- Alumni mentors prepared students engagement with students. ers toured major Chinese monuments for summer internships by discussing “There’s no better way to see the and enjoyed Chinese entertainment, students’ career aspirations and options, return on your investment to Olin than food and culture. providing insights on industries, func- mentoring our students,” he says. “We’re According to Gary Tappana, EMBA tional areas and networking styles and particularly grateful to the individuals ’01, and director of state tax, Anheuser- supplying feedback on cover letters and who stepped forward to be part of this Busch Companies, Inc., the committee résumés. Some students had the oppor- important project. Our goal is to build a Jeffrey C. Gentsch, MBA ’86 spent more than a year planning the tunity to shadow their mentor at work. broader, permanent program that will be President, trip. “It was a fantastic opportunity A few received an internship offer from available to a wide range of students.” Olin Alumni Association 2007/2008 for me and my family to learn about their mentor’s firm. Alumni who would like to serve as Managing Director, Gentsch Capital Executive MBA alumni and their families visit the Great Wall of China in Beijing. China and make lasting friendships.” According to Burl Stamp, MBA ’87, mentors can contact Pam Wiese at Partners president of Stamp & Chase and presi- [email protected] or 314-935-8736.

28 | 2007 2007 | 29 OlinBusiness OlinBusiness

alumNi coNNectioNs

MBA Students Host Reception for Nestlé Alumni Night at the Ballpark ore than 100 Olin alumni (and enthusiastic base- M ball fans) turned out for a night at Busch Stadium this past July to watch the St. Louis Cardinals Fall 2007 Century take on the Arizona Diamondbacks. Club Breakfasts “I brought my husband and two Century Club Breakfasts are a children, and we great way to stay connected with joined friends who also are Washing- Olin and current key business ton University alumni,” says Sandra issues. Guest speakers are highly Riggs, BSBA ’83. “We had a great regarded business leaders, who time at a great game. Thanks for share information and perspectives making the opportunity available.” on their industry’s challenges and The O’Neill family supports the Scholars in Business Program. Back row from left: Mary O’Neill; Gene MBA students talk with Olin staff during a July reception. The student-planned event reconnected For upcoming Olin alumni events, O’Neill, BSBA ’49; Kay O’Neill; Nidhi Thubanakere, MBA ’08; and Karen O’Neill. Front row: Jane O’Neill opportunities. Olin alumni who work at Nestlé Purina with the business school community. go to www.olin.wustl.edu/alumni. The informal get-togethers make it easy to renew friendships, meet Scholars in Business Dinner to be Held in November Olin Community Members Make ’30 Under 30’ Lists other alumni and talk with mem- lin’s annual Scholars in Business or more, or a permanently endowed gift bers of the Olin community. dinner and presentation will of $50,000 or more. he St. Louis Business Journal Workshop. She works with market- be held on Nov. 1, 2007, at the “My involvement in the program has included three Olin alumni in ing employees in Asia, Europe, South John Menzer O hilton St. Louis Frontenac. been one of the cornerstones of my its 2007 “30 Under 30” publica- Africa and the South Pacifi c to increase Vice Chairman, Wal-Mart T Established in 1979, the Scholars in Olin experience,” says Jayanth Iyengar, tion. Selected from more than 300 en- sales, maintain brand standards and Date: Monday, Oct. 1, 2007 Business program enables donors to BSBA/MACC ’07, and recipient of the tries for their career and community ensure that company strategies fi t Time: 7:30 a.m. breakfast; sponsor a scholarship for an under- F.B.K. Scholarship in honor of Carl Bauer. achievements, the winners were Kevin local markets. 8:00 a.m. - 9:00 a.m. presentation graduate or MBA student. Donors may “Thanks to all the sponsors who helped Dodson, MBA ’07; Elizabeth Marti, Pydynowski, 24, co-founded Somark Olin Graduate Reunion Location: May Auditorium, participate with an annual gift of $2,500 us realize our dreams and what we have BSBA ’04; and Mark Pydynowski, Innovations Inc. with partner Ramos October 5-6, 2007 Simon hall or more, a term-endowed gift of $8,500 to offer the world.” BSBA ’04. Mays, BSBA ’04. The bionanotech Dodson, 29, is director of product start-up company has raised $2 million EMBA ’87, ’92, ’97, ’02, ’06 Jim Weddle, MBA ’77 management and development for in equity fi nancing. hSM ’02 Managing Partner, Edward Jones Scottrade. his group is responsible for Benjamin Sann, BSBA ’10, made M&O ’02 Date: Wednesday, Oct. 31, 2007 Women’s Luncheon Receptions in the Big the overall customer experience on Inc.com’s 2007 “30 Under 30” list. Sann, MBA ’47, ’52, ’57, ’62, ’67, ’72, ’77, Time: 7:30 a.m. breakfast; Series Inaugurated Apple and Windy City the fi rm’s retail trading platforms. 19, founded BestParking.com. his fi rm ’82, ’87, ’92, ’97, ’02, ’06 8:00 a.m. - 9:00 a.m. presentation Marti, 24, is international marketing provides garage maps and information PMBA ’82, ’87, ’92, ’97, ’02, ’06 Location: May Auditorium, lin’s Eliot Society launched n November 2006, Olin was “bear” for St. Louis-based Build-A-Bear on parking rates. Contact Erin Doty at reunions@olin. Simon hall its Women’s Luncheon host to a reception for alumni wustl.edu, or visit www.olin.wustl. O Series in November 2006 I and current MBA students at edu/gradreunion. Andrew Taylor with featured speaker Judi McLean the yale Club in New york. home to Former Students Honor Olin Emeritus Professor Chairman & CEO, Parks, Reuben C. and Anne Carpen- more than 1,000 Olin graduates, the Young Alumni Reunion Enterprise Rent-A-Car ter Taylor Professor of Organiza- city has one of the largest concen- lin alumni from the MBA class shared about the popular professor. “he Date: Tuesday, Dec. 18, 2007 tional Behavior. McLean Park’s topic trations of Olin alumni in the world. of 1966 established the Merle changed my life and career direction.” April 11-13, 2008 Time: 7:30 a.m. breakfast; was “Breaking Down the Barriers: With more Olin students accepting O Welshans Scholarship in tribute “he sparked my interest in fi nance.” BSBA 1st, 5th and 10th classes 8:00 a.m. - 9:00 a.m. presentation Workplace Realities for Women.” positions in New york each year, to Merle Welshans, emeritus professor “Welshans was my mentor and friend.” Location: May Auditorium, During the second luncheon, in this number is growing. of fi nance. Robert Marchesi, MBA ’66, “he was my most memorable professor.” Contact [email protected], or Simon hall February 2007, Kimberly Walker, A reception also was held in chairman of DeMarche Associates in Alumni from all classes are encour- visit www.wustlconnections.com. Washington University’s chief January at the University Club in Kansas City, Mo., initiated the effort, tell- aged to contribute to the ongoing schol- investment offi cer, spoke on her Chicago, where more than 100 Olin ing classmates he would match any gifts arship fund. Make checks payable to: Undergraduate Reunion For more information, contact investment philosophy and provided alumni, staff and students net- they made in Welshans’ name. Washington University – Olin Business Nancy Barter at nancy_barter@ May 15-18, 2008 an insider’s view of the Washington worked and socialized. The class also made a special appeal School, and please note the check is for wustl.edu or 314-935-9053. 20th, 25th, 30th, 35th, 40th, 45th, 50th University endowment. For more information on upcom- during its 40th reunion in 2006. To date, the Welshans Scholarship. Contributions and all post-50th classes Visit www.olin.wustl.edu/alumni/ For more information, contact ing receptions, visit our Web site $52,668 has been raised. must be mailed to: Olin Development events/centclub.cfm for spring Nancy Barter at nancy_barter@ at www.olin.wustl.edu/alumni/ During his tenure at Olin, Welshans Offi ce, Washington University in Contact [email protected], or 2008 speakers. wustl.edu or 314-935-9053. events/calendar.cfm. inspired many students. These are just a St. Louis, Campus Box 1210, One Brook- visit www.wustlconnections.com. few of the remarks former MBA students ings Drive, St. Louis, MO 63130-4899.

30 | 2007 2007 | 31 OlinBusiness OlinBusiness

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ur thanks to all of you Air Force in England, he completed his Frank Fuerst, BSBA ’55, Warrenton, VA, married to Stephen Krenz, pastor of Trinity involved in the Phoenix Chartered Financial George Cho, AB ’74/ MBA /JD ’78, was where veteran investment representatives Susan Greene, BSBA ’81, Danville, CA, undergraduate degree at the University. published “Alzheimer’s Care with Dignity” Lutheran Church in Hoffman, IL. Analyst Society; a bond committee with promoted by Northrop Grumman to give a portion of their accounts to new celebrated 25 years with Chevron in July O for answering our Hermann spent 12 years with Shell Oil Co. in May. The book is based on the homecare [email protected] the mayor of Phoenix; and Washington engineer 6 (the highest level), after working investment representatives. More than 2006. She is a project manager in the request for alumni news. Your He returned to the University to pursue his he provided to his wife, June Parker, BA University’s Phoenix Club and Eliot Society. for the company for almost seven years. 1,200 Goodknight Plans have been Global Marketing IT organization, a position master’s and doctoral degrees and, later, ’55, during her 17-year illness. Members of Paul C. Isham, BSBA ’63, Lago Vista, Rosenfeld serves as a mentor for college completed since the program’s inception. that took her to five countries last year. response was overwhelming! to deliver an address at the Weidenbaum the medical profession and Alzheimer’s TX, was inducted into the Washington students from Arizona State University and Ben Eisner, MBA ’74, New York, was Weddle also was honored with a [email protected] Center. Hermann was chief economist community are calling it a “must-have University Sports Hall of Fame in January Scottsdale and Mesa community colleges. named president of CosmoCom Americas, Distinguished Alumni Award at Washington We received more Class Notes of Chevron and teaches at Golden Gate handbook.” For more information, go to 2007. He also is commodore of the Dobson Ranch a global leader in unified customer University’s Founders Day event in Frederick Heger Jr., MBA ’81, Highland than any other Olin alumni University in San Francisco. He says he www.dementiacaregiving.com. Yacht Club in Mesa. [email protected] communications. November 2006. Park, IL, is director of finance for the follows the great Satchel Paige’s philosophy: fafuerst@earthlink.net Wilkins Conrad Howe Jr., MBA ’64, Lagasse division of United Stationers magazine on record. Check “Don’t look back; someone might be Columbia, MO, updates fellow alumni on his Steve Fossett, MBA ’68, received Sam Goldstein, BSBA /MBA ’75, Wendell Jones II, MBA ’78. His youngest in Deerfield, IL. His wife, Eleanor, does out what your classmates gaining on you.” William Robinson, BSBA ’59, Naples, FL, family. His daughter, Toby Ann, graduated an honorary doctorate of science at St. Louis, celebrates his 25th year in his own son, Blake, is part of Olin’s class of 2010. accounting work for the Lutheran Church is chairman of the board for Child Care of from the University of Missouri in interior Washington University’s Commencement CPA/CFP practice. Goldstein’s son, Dan, of the Holy Spirit in Lincolnshire, IL. His have been up to since they Bill Phillips, BSBA ’48, Memphis, TN, was Southwest Florida, an agency that oversees design, married Timothy Rost and has ceremony in May. Fossett is world graduated from Washington University in Stephen Krakower, BSBA ’78, Albany, daughter Amy attends Drake University graduated from Olin. inducted into the Tennessee Insurance Hall more than 800 learning centers and two children, Alexandra and Brendan. The renowned for his adventures and holds May with a bachelor’s degree in political NY, is vice president of Continental in Des Moines, Iowa, and his daughter of Fame in 2007, based on his 30 years of provides training certifications for teachers Rosts own the Superior Garden Center world records in five different sports. science, will complete his Olin master’s Plants Group. He locates opportunities Beth is a senior in high school. Beth is Many of you submitted experience teaching risk management and in a four-county area in southwest Florida. in Columbia. His son, Jared, graduated He became the first individual to degree in accounting in May 2008 and for nonperforming and underperforming in the process of choosing a college and entries in the spring, and insurance at the University of Memphis and The agency also administers Voluntary Pre- from the University of Missouri with an circumnavigate the globe solo in a balloon. plans to attend law school. companies to maximize value. He and his is considering Washington University. his 48-year ownership of Phillips Fire and Kindergarten programs for 4-year-olds in international marketing degree, pursued Fossett founded Lakota Trading Inc., a wife have three children: a daughter, who [email protected] OlinBusiness Magazine is pub- Casualty Agency. Phillips is a two-time past private centers and public school districts. his MBA from Ohio University, is general major exchange floor market-making firm Robert Brockhaus, PhD ’76, St. Louis, is a senior at Hamilton College; a son who lished in the fall. Whenever president of the Memphis Chapter of the warmco@aol.com manager of a St. Louis bank and has a and is president of Larkspur Securities Inc. stepped down after 33 years at Saint Louis is a freshman at Lynchburg College; and Mark Jorgenson, MBA ’81, Shawnee, KS, Chartered Property Casualty Underwriters 2-year-old daughter, Isabella. University, where he held the Coleman a son who is a sophomore in high school. is regional CEO of U.S. Bank in Kansas possible, we adjusted for the (CPCU) and was nominated by the 1960s Terry Thompson, MBA ’68, St. Louis, is Foundation Chair in Entrepreneurship and stephen.krakower@gmail.com City, MO. Jorgenson has been with the time difference. We’d love to organization. He also published a book Lloyd Taylor, MBA ’64, worked for president of Terry Thompson Productions, was executive director of the Jefferson bank through four acquisitions and name entitled “Inside Out.” John “Jack” Eggmann, BSBA ’62, St. Louis, Hewlett Packard for 25 years in the United a full-service entertainment company Smurfit Center for Entrepreneurial Studies. Julian Steinberg, MBA ’78, Stow, OH, changes. His understanding of and focus hear from you with updates owns publishing company Tennis History States and Europe and was the first and advertising agency, founded in He and his wife, Joyce, BS ’68, will focus on was promoted to senior vice president and on customer needs made these transitions Press. He wrote a book released this fall chief information officer there. In 1992, 1972. The company specializes in theme the Brockhaus Group, a consulting-services chief operating officer of Lubrizol Advanced easier. He and his wife, Mary, have four or corrections. 1950s entitled “The Roots of Tennis - Blue Bloods he became corporate vice president of entertainment and advertising jingles, such and strategic-planning firm for large, family- Materials, a specialty-chemical NYSE children: Katie, 22; Ellen, 19; Molly, 17; and To submit Class Notes Gurpreet “Pete” Singh, MBA ’54, New to Blue Collars” that references Dwight information technology at Cargill Inc. in as “For a Hole in your Roof or a Whole New owned businesses worldwide. They founded company. David, 15. Delhi, founded Sikhya, an innovative school Davis, Arthur Ashe, Butch Buchholz, Chuck Minneapolis. Cargill is one of the largest Roof, Frederic Roofing.” Thompson’s firm the company in 1990. information, fill out the in Chandigarh, India, that provides free McKinley and Jimmy Connors – each privately held companies in the world, with also produces the annual Glendale Jazz Michael Appleton, MBA ’79, Oakland, Stu Manewith, BSBA ’81, St. Louis, form online at www.olin. education to poor children. connected to Washington University. $80 billion in revenues. Since he retired Festival in Glendale, MO. David Nelson, MBA ’76, Baltimore, was CA, is director of project management has been named business solutions Eggmann was a member of the Washington in 2002, he and his wife, Jan, enjoy their [email protected] named chairman of the newly formed for northern California with Cushman & manager at Blackbaud, a leading provider wustl.edu/alumni/forms/ John “Jack” Chapin Jr., BSBA ’55/MBA University tennis team. He also is the homes in Florida and Iowa and will have investment policy committee at Legg Wakefield, a global real estate services of software and services designed for kit or on Page 34. ’60, Northfield, IL, was elected trustee archivist for the St. Louis Tennis Hall of a home in Colorado soon. They love to Gary Hovis, MBA ’69, Chappaqua, NY, Mason Capital Management, a subsidiary of provider. Appleton received the Client nonprofit organizations. He is in charge for the Village of Northfield, beginning in Fame and has written numerous articles travel and have visited many parts of the served in the U.S. Army before graduating Legg Mason Inc. He will implement policy Solutions Award of Excellence for the of designing and directing software May 2007. A forensic economist, Chapin on the sport. world. They have three sons and eight from Washington University. He has worked decisions related to the firm’s investment Americas. He and his wife, Pamela, are implementations for the company’s largest is a retired senior consulting partner for grandchildren. Taylor is a member of on Wall Street for 38 years, in corporate philosophy and process and will supervise active members of Washington University’s clients, including community, college and 1940s PricewaterhouseCoopers; president of W. Thomas McLaughlin, BSBA ’62, numerous professional and philanthropic finance and securities analysis; oil and gas research team leaders and Growth-Equity, Parents’ Council and represent the university foundations; hospital and health Bill Hermann, BSBA ’47/MA ’62/PhD CHAPIN Associates Ltd. of Northfield; and Denver, retired from the Colorado Public boards. companies; and public utilities. Hovis has Mid-Cap and All-Cap products portfolio University at annual high school college care organizations; religious groups; and ’67, Berkeley, CA, was sent to Washington national chairman (1994-1996) and fellow of Employees Retirement Association, where been at Argus Research Co. for 21 years. In managers. fairs. They have two children: a son, performing arts organizations. University through the Air Force Cadet the Institute of Management Consultants he worked as a computer programmer. Michael Rosenfeld, BSBA ’65, Mesa, 2002, he won The Wall Street Journal’s “Best Andrew, is a member of the University’s Program and met his late wife, Janet Sharp USA Inc. He also chairs arbitration panels He plans to move back to Carlyle, IL, AZ, works in the private bank of Wells on the Street” analyst award for putting Jim Pandjiris, MBA ’76, retired as an equity class of 2008, and a daughter, Anne, Thomas Nelson, BSBA ’81, St. Louis, is vice Hermann, MA ’63, on campus in 1943. for the NASD, NYSE, AAA and NFA. with his wife, Jean, to live closer to their Fargo as an investment advisor for high- Enron on a SELL at $23 per share. He also analyst from A.G. Edwards in St. Louis and is in the class of 2011. president, international with Tumi Inc. After flying a combat tour with the Eighth [email protected] grandchildren. Their daughter, Lisa Krenz, is net-worth clients in Scottsdale, AZ. He is was 900 yards from the World Trade Center has been an adjunct professor of finance at [email protected] on Sept. 11, 2001, and hopes no Washington Lindenwood University in St. Charles and Lynn Wittels, BSBA ’81, St. Louis, was University alumni were harmed in the the University of Missouri-St. Louis. Ronna (Cohen) Berger, BSBA ’79, named CEO of the Jewish Community tragedy. Gary married Lucy A. Knowlton Houston. Her daughter, Stefanie Jill, Center (JCC) of St. Louis and is the first in 1966 and has four daughters and four Daniel Reich, BSBA’76/MBA ’77, Old graduated from the Washington University woman to hold this position. Previously, granddaughters. Westbury, NY, is CEO of Raytex Industries. School of Engineering & Applied Science she worked in sales and marketing for Pet After 106 years in Manhattan, Raytex in May 2007, with a BS in engineering and Incorporated and Procter & Gamble. Wittels moved to Woodbury, NY; changed its economics. Her son, David, was a National is on the boards of the Jewish Federation “We both are proud to be graduates of Washington 1970s name to reflect its global strength and Merit finalist and completed his freshman and Congregation B’nai Amoona and was James Scott, MBA ’70, retired from diversification; and opened offices in Asia year at the University of Texas at Austin. part of the budget task force for the Ladue University. For several decades, we have enjoyed Morgan Stanley/Van Kampen in and Central America. Reich’s oldest son, School District. September 2007. In May 2007 he was the Scott, is a second-year law student at the Scott Collins, MBA ’79, Westport, CT, was investing in Olin’s initiatives, such as new facilities commencement speaker for the College University of Pennsylvania; his daughter, promoted to global head of sales at RBC Virgil Work Jr., MBA ’81, St. Louis, released of Engineering at the University of Texas, Leslie, is graduating from the University Capital Markets in New York last year. He CD, “Rush from Rush Hour,” which includes and scholarships.” Austin. Scott received his Master of Arts of Pennsylvania and will join Teach For previously had been head of U.S. Equity serious beats, jazz fusion, funk and R&B. from Villanova University. America in Los Angeles; his son Andrew is a Research. He lives with his wife and three The CD can be purchased at Gunther Kohn, BSBA’50, and Doris Kohn, BSBA’50 freshman at the University of Pennsylvania; boys. www.cdbaby.com/all/vvwork. Bernard Fouchy, MBA ’71, Limonest, and his son Jessie is a sophomore in high France, retired in January from his position school. Reich enjoys coaching youth soccer Larry Odle, BSBA ’79, Denver, works for Lee Bloom, BSBA ’82/MBA ’83, Chicago, as director finance, France and Corporation, and traveling around the world watching his Rocky Mountain Recycling. started his own firm, Aldine Advisors, Tyco Healthcare. He and his wife, Martine, children play soccer. [email protected] that provides financial-advisory services have four children and two grandchildren. to companies undertaking financial and Fouchy would like to hear from ’71 MBA Jeffrey Brier, BSBA ’77, wrote from his 1980s ownership transitions. Y graduates. [email protected] hospital bed in Newton-Wellesley Hospital, Kathleen Braun, MBA ’80, Cincinnati, is a [email protected] where he recovered from hip-resurfacing real estate agent with Huff Realty. Jacqueline (Davis) Wellington, BSBA ’72, surgery, a procedure he learned about Merrietta Fong, MBA ’82, Rancho St. Louis, was promoted to executive vice from the Washington University alumni Gerri Gordon, MBA ’80, works for Girl Palos Verdes, CA, is managing partner president of the St. Louis County Economic magazine. He thanks the University for this Scouts of Northeast Texas. of Rosenthal, Pearson, Fong & Frew in Council in 2006. Previously, Wellington was helpful information. the Los Angeles area. She is looking to Like the Kohns, through a charitable life income plan, you can: senior vice president - real estate. Douglas Miller, BSBA ’80, is national hire CPAs who want partner track. Fong • gift appreciated stock or real estate and receive a life income Lawrence Thomas, BSBA ’77, was honored chairperson of the Save the Tiger enjoyed Northern Italy last May for her 30th Juan García-Tuñón, MBA ’73, Carlisle, PA, with The Bond Market Association (TBMA) Foundation, an organization dedicated to wedding anniversary. Her daughter, Paula, • receive capital gains tax savings and a charitable income tax was interviewed by his local newspaper, Chairmen’s Achievement Award for “his saving Bengal tigers in Tibet. He expects to is a UCLA graduate. deduction The Sentinel, regarding Fidel Castro’s dedicated service to TBMA’s regional relocate to Tibet for at least two years. relinquishment of power in Cuba. dealers program, which ensures that TBMA Joanne Joria, MBA ’82, Washington, D.C., • continue your support of Olin Business School, its students www.cumberlink.com/articles/2006/08/03/ benefits from the insights of the regional Henry Carroll, AB/MBA ’81, Blacksburg, has transferred from the U.S. Consulate- and its faculty news/news22.txt dealer community while developing VA, was promoted to vice president and General in Ciudad Juarez, Mexico, to policies aimed at fostering industry chief financial officer of Kollmorgen Motors Baghdad as special assistant to the Ken Lorch, BSBA ’73, Wilmette, IL, objectives.” The award was presented at the & Drives, a $500-million division of the ambassador. [email protected] celebrated the second anniversary of his Securities Industry and Financial Markets Danaher Corp. His wife of 25 years, Lois, is For a confidential illustration of how a charitable trust or gift annuity law firm, Hamilton Thies Lorch & Hagnell Association’s welcome dinner in November a Washington University alumna, and their Mary Kullman, BSBA ’82, St. Louis, serves can work for you, call 1-800-835-3503 or 314-935-5373, or e-mail us at that specializes in estate, business and 2006. Thomas is a partner at Edward Jones. son is a University junior in Arts & Sciences. as chief governance officer and corporate Y financial planning. He says they are excited secretary of The Laclede Group Inc., [email protected]. with their success and the reputation they James Weddle, MBA ’77, succeeded Jon Flaxman, MBA ’81, is chief the parent of Laclede Gas Co. In March, have in Chicago’s legal, financial and social Douglas E. Hill as Edward Jones’ fifth administrative officer and executive vice Kullman joined Laclede’s Chairman, CEO communities. managing partner. In 1996, Weddle helped president at Hewlett-Packard. and President Douglas H. Yaeger create and launch the Goodknight Plan,

32 | 2007 2007 | 33 OlinBusiness OlinBusiness

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in ringing the closing bell at the NYSE and coached his fourth-grade daughter’s Stuart Kerr, BSBA ’86, Kings Park, NY, has William Scoopmire, MBA ’88/MEM ’94, for Motorola’s Networks and Enterprise Jordan Forman, BSBA ’92, Roswell, GA, is code. He also envisions his site becoming three daughters: Blakesley, and twins, to commemorate the company’s 150th basketball team. sgsegal@comcast.net joined TheLadders.com, the world’s leading St. Louis, works at The Boeing Co. business. He and his wife, Sandy, have two an attorney with the law firm of Kaufman, the marketplace for selling proprietary Campbell and Amelie, who were born on anniversary. In a few years, the company job-search Web site for positions that pay daughters: Katie, 11, and Sarah, 7. The Bells Miller & Sivertsen in Atlanta. Forman and code. Aug. 4, 2006. will celebrate its 120th year of being listed Jeffrey Weiss, BSBA ’82, New York, more than $100,000 per year, as vice Steve Wagner, AB ’86/MBA ’88, still root for the St. Louis Cardinals. his wife, Jodi, have two sons: Joshua, 3, on the NYSE. is president of Atlantis Worldwide, an president, enterprise business. He is a key Dearborn, MI, was named director of [email protected] and Jared Daniel, who was born on Nov. 12, Nicole (Cool) Delimitros, BSBA ’94, Thomas Egan, MBA ’95, New York, runs international reseller of medical diagnostic contributor to enterprise business and the electrical purchasing for Ford Motor Co. 2006. [email protected] St. Louis, is regional manager at Lincoln Egan Wealth Group and Egan Law Group, Stephen D. Landfield, MBA ’82, imaging systems. He lives in Manhattan’s company’s future sales growth. His group is responsible for procurement of Eva Chen, BSBA ’91, Rolling Hills Estates, Financial Group. She lives with her husband, financial, tax and legal-advisory firms. He Succasunna, NJ, is a partner in NYC Homes, Upper West Side with wife, Paula Kramer, electrical and electronics components for CA, launched New Leaf Creative Strategies, Tracy Roe Haffner, AB/MBA ’92, has Jason, BSBA ’95, a vice president at married Rebecca J. Noack in Oswego, IL, on a newly established real estate brokerage and their son, Eli Lev, 4. Nalini Mahadevan, MBA ’86, St. Louis, the Americas operations. a sustainable branding consultancy that joined Avon Products Inc. as executive Centene Corp. Along with son, Drew, 3, they April 29, 2007. firm in Manhattan that specializes in opened Mahadevan Law Office in 2007. She helps businesses become social leaders. director, U.S. skincare. welcomed Megan Kathleen into their family commercial and retail leasing and building Tim Hampton, MBA ’83, St. Louis, was practices immigration law, estate planning Rick Froehlich, MBA ’89, Austin, TX, on Dec. 20, 2006. [email protected] Cary Goldstein, BSBA ’95, New Rochelle, investment sales. [email protected] promoted to vice president - investment and business law. Her son is a sophomore in was promoted to area vice president Sandeep Chugani, BSEE ’89/MBA ’91, John Howell, MBA ’92, St. Louis, works or [email protected] NY, is vice president of hedge fund officer at Wachovia Securities. Tim works electrical engineering at Cornell University and general manager of Dell’s Industry New York, works for Boston Consulting for Enterprise Rent-A-Car Co.’s marketing consulting with Merrill Lynch’s Global Steven Segal, BSBA ’82, Chestnut Hill, with family, business and foundation clients. and her daughter was accepted to New York Solutions Group (ISG). Group as a consultant. team. He and his wife, Virginia, JD ’92, have Dudley “Barney” Dill, MBA ’94, Edwards, Markets Financing and Services division. He MA, is special limited partner for J.W. University. three children: Jack, 13; Ford, 10; and Gini, 5. CO, has been appointed Eastern U.S. sales and his wife, Eve (Loren) Goldstein, AB ’94, Childs Associates in Boston. In this role, Dean Weinberg, BSBA ’83, Chicago, Bill Haffner, BSBA ’89/MBA ’92, Paulino Do Rego Barros Jr., EMBA ’91, They also have a rabbit, a hamster and two director at Resort Technology Partners, a celebrated their 10th wedding anniversary he is a board member on several portfolio is global head of corporate services Alan Mindlin, BSEE ’80/MBA ’86, Tokyo, is managing director, GE Commercial Atlanta, has been appointed president of dogs. [email protected] Web design and development company that this summer and are expecting the birth of companies and continues to co-invest with for Citadel Group, a hedge fund and returned to Tokyo in May as director of Finance. AT&T Global Operations, a new position specializes in resorts, high-end real estate their third child, who will join Sara, 4, and the firm. He also developed and teaches investment company. Alcatel-Lucent’s Convergence Business designed to accelerate growth of the Jennifer Gladstone Peljovich, BSBA ’92, and parks and attractions. He is married Andrew, 2. [email protected] a graduate-level MBA course on private Group Regional Support Center for Japan. Sharon D. James, MBA ’89, Columbus, OH, company’s portfolio of Internet-provider Baltimore, anchors the weekday morning and has two dogs. equity and leveraged buyouts at Boston Clarence Bourne, MBA ’85, Chicago, was [email protected] became an assistant professor at The Ohio services and solutions to global companies show for WBFF-TV in Baltimore. She and Dan Groneck, MSME ’90/MBA ’95, was University. Previously, he was a tax senior promoted from vice president to executive State University’s Fisher College of Business and institutions in key markets. her husband, Alan, are expecting baby Robert Fruend, MHA/MBA ’94, was appointed director of program integration and CPA at Arthur Andersen & Co. in San director in tax-exempt capital markets for Adam Sufrin, BSBA ’86, Pittsburgh, is in 2006. She received her PhD in business number two, who joins older brother, Ryan, honored with the Healthcare Heroes Award at AeroStructures Manufacturing and Francisco. Segal received his MBA from JPMorgan Securities Inc. He has been with retired. He travels and spends time with administration/strategic management at Sandra Lee, BSBA ’91, Lincoln, VT, started 3. www.foxbaltimore.com in the Public Policy category, an award Support Technologies (AM&ST), after Harvard Business School. He enjoyed 19 the firm for 21 years. After establishing a his wife, Lauren, and daughter, Hallie. the University of Minnesota in 2007. Since a law firm with her husband in 2005. sponsored by the St. Louis Business Journal serving as the acting director for six years in private equity doing leveraged scholarship in his mother’s name, Bourne’s [email protected] 1995, she has held the Chartered Financial They have two children, ages 3 and 6. Scott Casey, MBA ’93, Chester Springs, and Scrubs & Beyond. As CEO of the St. months. AM&ST is part of The Boeing Co. buyouts, first with Thomas H. Lee Co. and elementary school named their auditorium Analyst (CFA) designation. Her research PA, launched another product line through Louis Regional Health Commission, Fruend Groneck is responsible for coordinating then as one of the founding partners for in his honor. Coleman Lannum III, BSBA ’87, joined focuses on the intersection of corporate Henry Lewis, MBA’ 91, Atlanta, joined Vistacom Information Systems Inc. in helped form the St. Louis Integrated Health technology strategy across AM&ST and J.W. Childs. He is married to classmate Ellen Tyco Healthcare as vice president of strategy and financing issues and their the Weather Channel as a business fall 2006 and moved to a larger office in Network that gives underinsured residents ensuring its linkage to the enterprise. He Binstock Segal, BSBA ’82, and they have James Justice, BSBA ’85, New York, is vice investor relations. He is responsible for relative influences on firms’ strategic development analyst. He is in his fourth February 2007. Casey has four children: better access to health care. joined The Boeing Co. in 1986 and has broad three children: Ryan, 15; Lindsey, 12; and president of retail development at Michael developing the company’s relationship with choices and performance. James’ doctoral year on the board of directors for PFLAG- Emelie, 4; Ethan, 3; Samuel, 2; and Annika, engineering experience in developing and Samantha, 10. Segal participates in many of Kors USA Inc. shareholders and institutional investors dissertation was awarded second place in Atlanta and is a soccer referee for youth, 11 months. He had a fabulous 40th birthday Dorothy (Dorton) Kittner, MBA ’94, transitioning technologies, as well as in his children’s activities and sporting events and plays a key role in shaping corporate the 2005 INFORMS/Organization Science high school and adult games. He says feel in 2005 and wishes Steve Hughes a belated St. Louis, returned to Olin as the new program management. strategy. Tyco is preparing to become a dissertation proposal competition in San free to say hello or reconnect. happy birthday for Hughes’ 40th on July 12, director of corporate relations. Kittner is separate, independently traded company. Francisco. [email protected] 2006. Casey is looking forward to seeing developing a strategic process to deepen Tom Kelly, MBA ’95, Charlotte, NC, is classmates at the 15th Reunion in 2008 – he Olin’s corporate relationships and provide an executive compensation consultant Steve Lim, MBA /BSCE ’87, Anaheim, CA, Jeff Koch, MBA ’89, is CEO of Mary Jo Mullins, BSBA ’91, St. Louis, has says he’ll be the one carrying the diaper bag. value to both the business school and its and practice leader for Watson Wyatt is a portfolio manager with IndyMac Bank, LaunchEquity Partners, a firm that invests in run a summer camp for 13 years. She owns corporate partners. She and her husband, Worldwide. He and his wife, Monti, have Career Change? Promotion? managing mortgage-related investments early-stage companies with large potential Trails Wilderness School in Jackson Hole, Robert Cohen, MBA ’93, Plano, TX, Joe, have four children: Jack, Joshua, Clark three children: Meghan, 9; Andrew, 3; and and focusing on mortgage-servicing rights growth. He also is chairman of the board WY, and is building new cabins for the was promoted to president and CEO of and Kennedy. Her husband is president of Sarah, 2. Got Married? New Child? and interest only. Lim returned to the of MakeMusic Inc., a world leader in music- Mullins Camp in the Ozarks. She has been Armstrong Cabinet Products, a division his own company, Update Systems. United States after a number of years in education technology. married 17 years and has three children, of Armstrong World Industries (AWI) in [email protected] Justine MacDonald, EMBA ’95, St. Louis, Asia, where he worked for Citigroup as ages 8, 11 and 14, and a golden retriever. August 2006. He previously had been the works for Sigma-Aldrich as vice president of Share your news with fellow alumni. Go online to www.olin. a director in various arenas, including Wade D. Miquelon, MBA ’89, became Mullins ran her second half marathon in division’s vice president of finance and Mark Lewis, MBA ’94, St. Louis, joined supply chain. She would love to hear from wustl.edu/alumni/forms/kit, or complete this form and corporate finance and mutual/pension fund executive vice president and chief financial St. Louis and has taken up whitewater strategy. [email protected] Advantage Capital Partners in the firm’s other alumni. development. [email protected] officer of Tyson Foods in June 2007. kayaking. Investment Group. The private equity send it to: Joseph Ellner, MBA ’93, and Michele firm invests in promising companies in Stephen Newell, PMBA ’95, St. Louis, Jane (Hunting) Melin, BSBA ’87, Poulsbo, Michael Price, MBA ’91, Peoria, IL, was Ellner, MBA ’93, Milwaukee, have started conjunction with federal, state and local works for Host Analytics Inc. WA, has developed a unique line of colorful 1990s named president of SVI Healthcare Inc. a Relax The Back franchise. Relax The Back economic development efforts. Olin Business School teaching materials and accessories for Bill Bauer, BSBA ’90/BSIM ’94, St. Louis, in September 2006. SVI Healthcare is has more than 100 stores nationwide and Roger Nieves, MBA ’95, Hawthorne, Washington University in St. Louis young violin students. Her company, G’DAE is the business manager for Washington a technology company that serves the offers the widest range of innovative back, Chet Robinson, MBA ’94, Dayton, OH, CA, is a senior vice president with Pacific Music, draws customers from the United University’s Occupational Therapy healthcare industry. [email protected] neck and sleep-related products available, is marketing communications manager Investment Management Co. (PIMCO) in Campus Box 1162 States and Canada and can be found at www. department. along with personalized service designed at Teradata, a division of NCR Corp. He Newport Beach, CA. He would love to hear One Brookings Drive gdaemusic.com. The products are carried Brent St. John, MBA ’91/BSCE ’91, was to meet the individual needs of every has been married for 10 years to Kyra, from his classmates. by other online merchants and retail stores Valeria Hunter, MBA ’90, Willow Springs, promoted to CEO of Hampden Holdings, client. They also stay busy with their three an academic counselor at Wright State St. Louis, MO 63130-4899 in Arizona, Utah and Washington. Melin IL, was appointed performance leader for a private equity firm that focuses on children: Zach, 7; Molly, 5; and Alex, 1. University. His daughter, Kennedi Grace, Eric Nottonson, MBA ’95, Boston, was Fax: 314-935-8891 is marketing director for the Bremerton BP’s Global Refining Projects Community emerging technologies. was born in May 2006. Robinson has promoted to senior vice president of Symphony Association and lives with of Practice. She previously was project Kevin Flaherty, BSBA ’93, Mercer Island, published five novels through Random retirement services marketing at Fidelity husband, Glen, AB ’85, and their children. manager for U.S. Hydrogen Refueling. She Greg Sprehe, EMBA ’91, is president of WA, is vice president of marketing for House/Villard and Penguin/New American Investments. Eric and his wife, Kim, have Com-Pac International, a manufacturer of Wetpaint in Seattle. Library under the pen name C. Kelly four children: Ben, 10; Max, 9; Anna Kate, Name: ______joined BP in 1998. Tomas Achaval, MBA ’88, Buenos Aires, custom-packaging solutions through its Robinson, including “No More Mr. Nice 6; and Eli, 6. Argentina, runs Nömade Wines and Bob Kane, BSBA ’90, New York, is a senior medical and industrial divisions. Amy Lee, MBA ’93, Kowloon, Hong Kong, Guy” and “The Strong, Silent Type.” Degree and Year:______Vineyards, after working for many years in counsel at Proskauer Rose, specializing is director of business and consumer Natasha (Edwards) Pallan, BSBA ’95, top multinational companies. Grapes for in mergers and acquisitions and capital- Gautam Agarwal, MBA ’92, New Delhi, insights at Coca-Cola Beverages Ltd. in Rick Ryan, EMBA ’94, is vice president New York, is a senior associate in corporate his wines are grown in the Andes region. market transactions. He is married to works in water-well drilling and financial Shanghai, China. of the Drug Discovery business unit for finance at Prudential Financial. She and her Address:[email protected] Stefanie (Milstein) Kane, BSBA ’91, who syndication. He would like to talk to alumni the Bioscience Division of Millipore, husband, Kamal, have a son, Vikram, who is a partner at PricewaterhouseCoopers. interested in pursuing related business Donna Lucchesi, MBA ’93, Scottsdale, AZ, headquartered in St. Charles, MO. was born on Feb. 23, 2007. Pallan would love City:______State:______Zip:______Fred Chu, EMBA ’88, St. Louis, and They have two children, Dylan, 4, and opportunities in India. is principal of Lucchesi Business Consulting. to catch up with other alumni in the New wife, Anita, spend a lot of time dancing Jack, 2. She lives with her husband, Lane Goodwin, Kelli Washington, BSBA ’94, received York area. [email protected] – ballroom and the Argentine Tango. Michael Borgna, BSBA ’92, O’Fallon, MO, and two daughters, Riley and Sarah. her MBA from Yale University in May. She Phone (home):______(business):______Pam Wiese, BSBA ’90/MBA ’91, St. Louis, is vice president and chief financial officer [email protected] works in the endowment investment office Bruce Ray, MBA ’95, San Luis Obispo, CA, Anna Doyle, MBA ’88, St. Louis, joined is Olin’s senior administrator for strategic for Data2 Corp. at Bowdoin College in Brunswick, ME. was named chief financial officer of The RubinBrown as partner, leading strategic E-mail Address:______initiatives. Wiese works closely with the Rob Rosenfeld, BSBA ’93, and Eileen Tribune in San Luis Obispo. client development. She is married with business school’s dean, faculty and senior Darrell Butler, MBA ’92, Orlando, FL, runs Sharkey, BSBA ’94, Highland Park, IL. Zulkifli Zaini, MBA ’94, Jakarta, Indonesia, three children, ages 3, 6 and 8. staff to develop long-range plans and BC Innovations, a consulting business that Eileen is in marketing at Kraft Foods and has been assigned as managing director/ Sally Roth, EMBA ’95, was promoted to Employer:______implement short-term objectives. The specializes in diversity, empowerment and Rob has a new position as an investment SEVP and member of the board of Bank president of the St. Louis area for Regions Jeff Fox, MBA ’88, was named CEO of the St. Louis Business Journal named her one the work environment. He is back east with banker with BMO Capital Markets. They Mandiri, Indonesia’s largest bank. Financial Corp. She leads all banking Harbour Group, a St. Louis-based holding of its “40 Under 40” in 2007. his wife, Jackie, and daughter Kai-Lee, 2, welcomed son Andrew Ethan into the family operations in 69 branches and five counties. Title:______company of various manufacturing firms. after a year and a half in Visalia, CA. on February 10. He joins brother Max. Penny Bemus, PMBA ’95, is vice president, Formerly president and chief operating Jim Williams, MBA ’90, was promoted to www.bg-inc.com business development with Centric Alejandro Ruelas, EMBA ’95, is chief What’s new with you? (50 words maximum):______officer, he succeeds his father, Sam Fox, senior vice president, Human Resources at John Stallings, MBA ’93, has been Health Resources. In this role, she will marketing officer of LatinWorks, an BSBA ’51, who has been named ambassador Cooper Industries, a global manufacturer Lesley Reid Corydon, MBA ’92, Fair promoted to CEO and president, Triangle help develop and execute the company’s advertising agency that specializes in the to Belgium by President George W. Bush. of electrical products and tools. He is Haven, NJ, has been with JPMorgan Chase region for SunTrust. plans to expand its business presence Hispanic market. TiVo named “Classroom,” ______responsible for identifying and developing for eight years and is the leader of its retail in the biopharmaceuticals industry. a spot the agency developed for Anheuser- Jennifer (Zulanch) Oppenheimer, BSBA the company’s future leaders. home mortgage marketing team. Paul Sumner, MBA/JD ’93, has joined Previously, Bemus was chief financial Busch Cos. Inc., as the most watched Super ______’88, Skokie, IL, was promoted to senior [email protected] NewGround, a design/build and retail- officer and managing partner with Legacy Bowl ad of 2007. The Wall Street Journal vice president of Optima Inc., a residential Amos Aldagg, MBA ’91, is a captain with El services firm that focuses on the financial Pharmaceutical Packaging. poll rated the same commercial as the best real estate development company in the Al Israel Airlines Ltd. Anthony Ferguson, MBA ’92, is CEO and industry, as vice president of consulting. Super Bowl ad. ______Chicago and Phoenix areas. founder of Cacao Anasa. The three-year- Andrew Bonanno, MBA ’95, New York, [email protected] Terry Bell, MBA ’91, Arlington Heights, old company specializes in exotic artisan Ted Tudor, MBA ’93, Menlo Park, CA, is joined American Capital Strategies as the Julie Tucker, MBA ’95, San Francisco, is IL, is director of ethics and compliance chocolates – from lemongrass truffles to co-founder of Web site UCodit.com that head of originations in November 2005. co-founder and co-publisher of SmartsCo, a masala chai and curry truffles. provides a search engine for open-source He and his wife, Dorinda, MBA ’95, have 34 | 2007 2007 | 35 OlinBusiness OlinBusiness

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specialty publishing company that creates home products with science-related the horrible weather that kept Peggy Reilly Michael Jenny, MBA ’99, Chicago, was Shalen (Riswadkar) DuFaux, MBA ’00, He also owns and manages the National on life-sciences venture capital financings. Danielle (Parker) Pollack, BSBA ’02, learning guides and games. Tucker is a themes – including the solar system, Tharp, MBA ’98, from attending. promoted to vice president in Houlihan Orchard Park, NY, joined AAA of Western Material Supply Co., serving as a distributor [email protected] Chicago, works as an office manager for recipient of the Make Mine a $Million weather, dinosaurs, the periodic table and Lokey’s industrial mergers and acquisitions and Central New York as the business of general industrial MRO products and Citigroup. Her husband, Brian, earned his entrepreneurship award from Count Me metamorphosis – to enhance children’s Stanley Thomas, MBA ’98, St. Louis, group, focusing on metals and industrial planning manager for travel. She welcomed supplies. Hendrix would like to reconnect Ron Stach, PMBA ’01, Oakland Township, MBA from Columbia University and works In and OPEN by American Express and learning. www.simplememoryart.com returned to St. Louis after six years in transactions. [email protected] son, Liam, into the family in March 2005. with any classmates interested in pursuing MI, is general manager of dealer in real estate finance. They were married on is featured in a national television, radio, Dallas, with his wife, two daughters and a new business ventures. www.nmsupply.com development for Volkswagen of America. June 26, 2005, in Long Island, NY. print and Web advertising campaign for Carlos Cojulun, MBA ’98, Agoura Hills, miniature dachshund. Jonathan Kessler, MBA ’99, Orlando, is Travis Hacker, PMBA ’00, Naperville, IL, is [email protected] American Express’s small business services. CA, launched Ascension Mortgage Inc. in [email protected] living in Florida. national remarketing manager for Porsche Jason Hoberman, BSBA ’01/MBA ’06, Scott Weiss, BSBA ’01, New York, was Tucker married Eric Legrand on April 21, December 2005. The firm is a full-service Financial Services. Memphis, TN, was named vice president, promoted to assistant director at Studley Katherine (Michalski) Rist, BSBA ’02, 2007. mortgage loan brokerage that arranges Eli Varol, MBA ’98, Chicago, started a new Patricia (Meyer) Korando, AB ’86/EMBA business development for First Horizon Inc., a commercial real estate brokerage Madison, WI, is a commercial real estate financing for high-end residential and job at CB Richard Ellis. He is married and ’99, St. Louis, is quality director of Express Brooke Hampshire, BSBA ’00, New York, National Corp. He and his wife, Michelle, firm. Weiss was part of the team that won attorney at Foley & Lardner. Galia Velimukhametova, MBA ’95, commercial real estate transactions has two sons, Jacob and Daniel. Scripts Inc., leading the deployment of accepted a position as quality manager and have a new son, Ari Seth, who was born on the prestigious Real Estate Board of New [email protected] London, works for King Street Europe. throughout the United States. He, his wife, Lean Six Sigma for the Client and Patient editor in the German language department July 5, 2006. York’s Most Ingenious Deal of the Year Michele, and children Lauren, 9; Jessica, 7; Joanna (Lipsitz) Warden, BSBA ’98, Services division. of a major translation firm. for the redevelopment of New York Law Jeremy Ross, BSBA ’02, San Diego, has Clinton Wolf, MBA ’95, Chicago, has been and Christian, 5, relocated back home to Arlington, VA, designs Kaiser Permanente’s [email protected] Barth Holohan, MBA ’01, St. Louis, is School’s 500,000-square-foot Manhattan been named assistant general manager at appointed regional director of product Southern California in May 2004. nationwide electronic medical record Thanit Khoosuwan, MBA ’00, Bangkok, president and founder of Continuum, a campus. [email protected] Westfield. management at United Healthcare. He system. She was married to Andrew Michael Kotowski, BSBA /MSBA ’99, Thailand, is general manager with Emerald local home health-care company for the is responsible for product management Tony Creanza, MBA ’98, Greenwood Lake, Warden, AB ’98, on Nov. 11, 2006, in Arnold, MO, was promoted to senior Mines (Thailand) Ltd. elderly. It distinguishes itself by following Shaun Arora, BSBA ’02, Santa Monica, Steven Spizer, BSBA ’02, Sydney, and development for commercial lines of NY, works in the commercial middle-market Baltimore. He is an attorney at the U.S. manager of PricewaterhouseCoopers in a social work model, where each client CA, serves on the advisory board of two Australia, works with Citigroup’s Global business in 12 Midwestern states. niche (companies with $10 million to $250 Department of Justice. St. Louis. He married Erica Morton in the Antoine Liddell, EMBA ’00, La Place, LA, is assigned a trained social worker who nonprofit companies: Stoked Mentoring Consumer Bank and has been promoted million in revenues) for JPMorgan Chase [email protected] summer of 2006. was appointed to the position of plant provides optimal care. The company’s and Sat Naam Arts Center, in addition to to head of operations and customer Dr. Mary Jo Gorman, EMBA ’96, St. Louis, as a relationship manager. In this position, controller at Monsanto Co.’s Luling, LA, success resulted in Holohan being named his job managing various projects at Natel. excellence within the Credit Operations has been named CEO of Advanced ICU he works with various product partners in Mitchell Whiteman, BSBA ’98, Baltimore, Thomas R. Kurtz IV, MBA ’99, Canton, plant. a 2005 finalist for Ernst & Young’s Midwest He trained for the AIDS/LifeCycle 6, a bike division. Care, a medical-services company that treasury management, financing, leasing works at Brown Advisory, an investment CT, joined the Hartford Financial Services Region Entrepreneur of the Year award. He ride from San Francisco to Los Angeles, and provides remote critical care monitoring and international trade, among others. management and brokerage firm. He is an Group as assistant vice president, Michael Mason, PMBA ’00, University also was included in the St. Louis Business is recovering from a serious skateboarding Armond Stewart, BSBA ’02, Winston- services. Since October, he has helped former active member of the community and is workplace resources. Kurtz previously Heights, OH, was promoted to senior vice Journal’s 2007 “40 Under 40” and was injury. Salem, NC, graduated with an MBA in 2006 Bank of New York clientele prepare for on the board of the Knowledge is Power worked for Booz Allen Hamilton. Kurtz president, commercial real estate team awarded the 2007 Stewardship Award and accepted an invitation to participate Jen (Rodi) Hoglin, MBA ’96, Park City, UT, conversion to Chase banking systems. Program Baltimore, a public charter school is responsible for the strategic planning, leader for FirstMerit Bank in Cleveland. He from SSM Health Care. Chad Brand, BSBA ’02, St. Louis, founded in a six-month Leadership Development works for Sprout Marketing, a consulting in the city. transactions and project management and his wife, Polly, have two boys under the Peridot Capital Management a registered Program through Branch Banking and Trust company based in Salt Lake City. She and Robert Dircks, BSBA ’98, Deephaven, for the company’s corporate real estate age of 3. William Keller, MBA ’01, St. Louis, is investment advisor that manages (BB&T), a financial-holding company. At the her husband, Dennis, who works for Boston MN, works in marketing at General Mills. Dr. Shyam Bishen, PMBA ’99, Basking portfolio. director, development projects for Reuters. investment portfolios for individuals and completion of the program, Stewart will Scientific, have four children: Bailey, 8; His wife, Amy (Clugh), AB ’97, works in Ridge, NJ, was appointed vice president Mike McClure, MBA ’00, Fort Smith, AR, is small businesses. [email protected] relocate to Washington, D.C., as a business Lauren, 5; Andre, 5; and Wesley, 5. When financial planning at CherryTree, a wealth- of corporate development at Ranbaxy. JoAnne Levy, AB ’83/JD ’86/MBA ’99, director of global strategic reimbursement Jason Kron, MBA ’01, Atlanta, is director, or www.peridotcapital.com services officer and will specialize in the not working, Jen is hiking, skiing, or playing management firm. They have two children: Bishen is responsible for corporate business St. Louis, was promoted to vice president of at Smith & Nephew Orthopedics. RMBS/ABS at SunTrust Robinson financial needs of small businesses. Stewart soccer – anything outdoors in the beautiful Leo, 2, and Julia, who was born Dec. 1, 2006. development, licensing and alliance logistics for Mallinckrodt Pharmaceuticals, Humphrey. Lee Fixel, BSBA ’02, works for Tiger will provide advice, guidance and financial mountains. They say they would love to activities. Bishen previously worked with a division of Tyco Healthcare. She J.P. Niemann, PMBA ’00, Charlotte, NC, Global Management, focusing on emerging analysis. He says he looks forward to have visitors! John Holmes, EMBA ’98, joined the Port Henry Schein in New York, Pharmacia/ manages customer service, transportation, works for Wachovia as a senior trader in the Jason Liu, MBA ’01, Beijing, started his own markets. The company invests in small, reconnecting with other alumni in the area. of Los Angeles as director of operations. Pfizer in New Jersey, Procept Inc. in Boston distribution, compliance, planning and structured-fixed-income group. He and his business last year. His wife, Theresa, works online job-placement companies in the vein Stewart Hsu, BSBA ’96, San Francisco, is a The Port of Los Angeles is the nation’s and the Medical University of South scheduling, and sales and operations wife, Suzy, married last year. at DuPont. He says he would love to hear of Monster.com. Jake Sturdy, MBA ’02, St. Louis, joined full-time real estate entrepreneur, investing leading container port and is crucial to the Carolina in Charleston. planning for the $1.2 billion pharmaceutical from alumni visiting Beijing. Thompson Street Capital Partners as vice in apartment complexes with more than functioning of the international supply business. She is a Girl Scout leader and W. Patrick O’Neal, PMBA ’00, Canton, [email protected] Edmund Hung, BSBA ’02, Beijing, founded president in November 2006. Previously, 100 units. [email protected] chain. Lori Coulter, MBA ’99, St. Louis, founded serves on the board of directors for MI, transferred from his position as senior Maverick China Research. The firm helps he was vice president of corporate Lori Coulter TrueMeasure. Apparel Magazine Temple Israel, the Kahn Foundation, account manager, national accounts at Hiroaki Naruoka, MBA ’01, is director of companies gather information on China development for Cequel III. He and his wife, Robert Nelson, BSBA ’96, Houston, Heather (Rogers) Karimi, MBA ’98, named her one of 10 2006 All-Star Award Forest Park Forever and the Saint Louis General Motors Acceptance Corp. (GMAC) Hakuhodo DY Holdings in Japan. markets and provides market-entry Kirsten, and son Gannon Jacob welcomed joined ConocoPhillips as a senior staff Broomfield, CO, works at ACS Global winners. The firm uses an advanced digital- University Consortium for Supply Chain in Detroit to GMAC operations manager services. It also publishes market reports on son Graysen Dietrich to the family on June analyst in May 2006, working in finance & Learning, overseeing all services and measurement system to create custom- Management Studies. She and her husband, of commercial lending in Philadelphia. Tetsuto Okuda, MBA ’01, Tokyo, is senior the country’s emerging technology sectors. 8, 2006. performance analysis of heavy oils. solutions provided to parent company, ACS. designed women’s swimwear that is sold Jim Thomeczek, an attorney, have five product manager for clinical chemistry Hung travels back to San Francisco every She, her husband, Stan, and son, Lleyton, at Macy’s department store in St. Louis children: Samantha, a sophomore at Xavier Jason Ryan, MBA ’00, is assistant marketing at Ortho-Clinical Diagnostics, a year. [email protected] M. Sean Vicente, EMBA ’02, Des Moines, Mark Satisky, BSBA ’96, Atlanta, works for welcomed Madelynn Rose to the family on and will be available at Macy’s in Castleton, University; Jake, a high school freshman; professor of management at Saint Louis Johnson & Johnson company. IA, was promoted to audit partner of KPMG, Morgan Keegan in the investment banking Dec. 18, 2006. IN. Jerry, a seventh-grader; Mari, a fifth-grader; University’s Madrid campus, where his April (Mickens) Jolly, BSBA ’02, Atlanta, a global accounting and advisory firm. He group. He, his wife, Elana, and daughter, and Josh, a kindergartener, and two dogs. wife, Sari Silvanto-Ryan, teaches marketing. Daniel Papajcik, BSBA ’01, joined the U.S. is in the MBA program at Georgia State leads the company’s insurance practice Ava, relocated from New York. Danny Meidan, MBA ’98, San Francisco, Michael Cousin, MBA ’99, Frisco, TX, Ryan earned his PhD from the Smurfit Army JAG Corps in 2004. After serving University. She previously was a retail buyer in the Des Moines office. Previously, [email protected] has joined Barclays Global Investors as a was named Johnson & Johnson’s Account Greg Newman, PMBA ’99, CFA, CIMA, School of Business in Dublin, Ireland, and as special assistant to U.S. attorney and at Macy’s. Jolly and her husband, Andwele, he participated in KPMG’s Vice Chair portfolio manager. Executive of the Year in 2006. Cousin and is vice president and senior portfolio previously worked as a product manager at contract attorney advisor at Redstone married in September 2006. 50 program, where 50 senior managers George Van Antwerp, MArch/MBA ’96, his wife, Kim, welcomed daughter, Hannah manager for Northern Trust in Arizona. He Sigma-Aldrich. Daughter, Cecilia Anna, was Arsenal, AL, he will join the Military completed 18 months of leadership training. St. Louis, has joined Talisen Technologies, Adam Meister, BSBA ’98, Baltimore, is Elaine, to the world in November 2006. manages investment portfolios for high- born July 2005. Entrance Processing Command as a trial Sarah Lipman, BSBA ’02, Miami, works at a technology-services company, as vice running for a seat on the Baltimore City net-worth individuals, trusts, foundations, counsel attorney. This position will transfer The Ritz-Carlton in Key Biscayne, FL. She Richard Williams, EMBA ’02, is vice president. He develops and leads a Council from the 11th District. Melissa Esmundo, BSBA ’99, New York, endowments and pension plans. Newman Dora (Keeven) Smith, MBA ’00, St. Louis, him to Chicago, where he will be reunited graduated from Cornell University with an president and deputy to the president for business-process management practice. www.AdamMeister.com joined Prophet, a brand-consultancy firm. was a recipient of the “40 Under 40” award works for UGS. with his wife, Jessica Newman, AB ’01, who MBA from the Johnson School and a Master Boeing Australia Ltd. She graduated with an MBA from the from the Phoenix Business Journal. is at Northwestern University’s Feinberg of Management in Hospitality (MMH) from Christine (Sur) Dalton, MBA ’97, Oak Park, Hiroshi Oinaga, MBA ’98, Hanoi, Vietnam, Leonard N. Stern School of Business at New [email protected] Erica Waxman, BSBA ’00, Hoboken, NJ, School of Medicine. the School of Hotel Administration. Julie Zhang, BSBA ’02, Shanghai, China, IL, is a director at Navigant Consulting Inc. has held various jobs in Asia. He and his York University in May 2007. is a merchandiser with AnnTaylor.com. [email protected] is program director for the Shanghai family – Motoko, Shizuka and Masaru– have Uichi Okina, MBA ’99, works for Terumo [email protected] Alaina Macia, MBA ’02, and Daniel Macia office of AFS Intercultural Programs. She Gary Fitzmire, EMBA ’97, St. Louis, is lived in Tokyo and Penang, Malaysia Stephen Feldman, BSBA ’99, Raleigh, NC, Corp., a leading medical-device company in Steve Paris, MBA ’01, Moscow, relocated PMBA ’04, St. Louis. Alaina is CEO and helps achieve “peace through intercultural vice president and program director of in addition to Hanoi. They say they miss practices business law at boutique firm Japan, and is responsible for mergers and Steve West, MBA ’00, St. Louis, is a senior and accepted the position of marketing president of MTM Inc. Daniel was promoted understanding” and enjoys business trips The Boeing Co.’s Directed Energy Systems St. Louis. [email protected] Ellis & Winters. His wife is a reporter for acquisitions and business alliances. research analyst at A.G. Edwards. manager at Nestlé. to senior planning analyst at Anheuser- to the Tibetan Plateau and Europe. Zhang (DES). He has presented one-hour programs the Raleigh-based newspaper, The News [email protected] Busch Cos. Inc. Their daughter, Arianna previously worked in finance in New York. on creativity at the University of California, Sibel Raif, MBA ’98, Istanbul, Turkey, was & Observer. They moved to the Research Terese Friel Portell, MBA ’99, and her Laura Wolf, BSBA ’00, Culver City, CA, Danielle, was born on April 16, 2006. She would love to meet up with any Olin Berkeley, and the University of Illinois. promoted to marketing director of Kraft Triangle in North Carolina one year ago. husband, Greg, MBA ’99, welcomed a completed her MBA at the University of Alexander Pavlov, MBA ’01, Houston, is www.mtm-inc.net alumni traveling to Shanghai. Foods. She joined the company as a brand Feldman would love to hear from any Olin daughter, Virginia “Jenna” Brooke on July Southern California’s Marshall School of credit originator at BP Energy Co. [email protected] Osamu Hirose, MBA ’97, Nagaokakyo-shi, manager in 2000 and has held several graduates in the Triangle! 15, 2005. Portell left her strategy consulting Business in May. She and her fiancé will Patrick Moran, MBA ’02, and Natalia Kyoto, Japan, is general manager, legal for positions in the marketing department. [email protected] position with IBM to stay home full time. marry in summer 2008. Jeffrey Pozzi, MBA/MIM ’01, Washington, Moran, MBA ’02, New York. Patrick is a Dennis Berger, EMBA ’03, Hinsdale, IL, Japan Tobacco Inc. in Tokyo. Greg was promoted to principal at A.T. D.C., is an assistant general counsel with market-risk manager with Bank of America. was promoted to senior vice president, Todd Sanders, MBA ’98, Chicago, has Brett Fleshman, BSBA ’99, St. Louis, is Kearney in 2005. Shan Yue, BSBA ’00, was promoted to Deloitte & Touche. He and his wife, Jessica, He won the Spirit Award of Excellence, the coworker services, and chief co-worker Jacob Licht, MBA ’97, is associate director joined Harris Investment Management as associate director of marketing for KV senior associate in the Hong Kong office of have a 2-year-old son, and they enjoy bank’s most prestigious honor. It’s given to services officer for CDW. of corporate development for Emergent the head of Small-Cap Equity Management. Pharmaceutical, a specialty company Business Development Asia. He formerly traveling in their free time. the top 1 percent of employees annually for BioSolutions. He changed jobs to return to focused on drug delivery. He previously 2000s was an associate in the New York office. significant results and productivity gains Chris Braig, MBA ’03, and Thuy Vi, MBA a company that made and developed drugs. Brent Sobol, BSBA ’98, Atlanta, launched spent eight years in Boston marketing Danielle K. Bateman, BSBA ’00, Oscar Rojas, MBA ’01, Metepec, Mexico, is achieved during the year. Natalia moved ’03, St. Louis. Chris is a research analyst Toro Properties Group, a multifamily real medical devices for Genzyme Biosurgery. Philadephia, received her MBA from John Busbice, MBA ’01, Richmond, VA, was chief financial officer and country controller to RBC Capital Markets to assist covering at A.G. Edwards, after working for the Laurence Rukin, BSBA ’97, New York, estate investment and property- [email protected] Wharton at the University of Pennsylvania promoted to principal with IMS Consulting, for Capgemini Mexico. Rojas previously stocks in the specialty retail sector. MedTech research group Piper Jaffray joined HSBC Capital (USA) Inc. as management firm. He also is the young in May 2007. She is director of player a division of IMS Health. He and his wife, worked for IBM and Cendant Corp. He and in Minneapolis. Thuy works in strategic controller. He previously worked for alumni chairperson for Atlanta. Scott Greenfield, MBA ’99, Portland, services at Philadelphia Park Casino. Caroline, have a son, Jack. his wife, Monica, have two boys: Santiago, Ted Myles, MBA ’02, Boston, was marketing for specialty import beers at Goldman Sachs in accounting. OR, is a mergers and acquisitions finance 3, and Bruno, 5. promoted to senior vice president of Anheuser-Busch Cos. Inc. and held a Carrie Stevens, MBA ’98, Bethesda, MD, manager for Intel Corp. Brian Carlson, BS ’95/MBA ’00, Chicago, Wei Che Chang, MBA ’01, San Jose, CA, finance and chief financial officer of marketing position at 3M. They have a Kerry (Soffar) Kaplan, BSBA ’97, South is director of sales for Caspari Inc. She is vice president of procurement for is finance business manager at Cisco Bryan Rukin, BSBA ’01, was promoted to Pressure BioSciences Inc., an early-stage daughter, Regan. Riding, VA, is an account director with the married John Darling, a patent attorney, Gary Hawes, EMBA ’99, Salt Lake City, InnerWorkings. Systems Inc. vice president at Goldman Sachs. life-sciences company in February 2007. Corporate Executive Board in Washington, on Oct. 28, 2006, in her hometown of opened the city’s first Wirth Business Credit He and his wife, Tamara, have a daughter, Karen Branding, EMBA ’03, St. Louis, is D.C. She was married on March 10, 2007. Greenwich, CT. Alumni Kate Browne, MBA franchise. The franchise provides local small Rob Cimperman, MBA ’00, accepted a Kevie Hendrix, MBA ’01, St. Louis, works Justin Silver, BSBA ’01, Cambridge, MA, Isabella, and a son, Edward Seymour, who associate dean and director of marketing ’99, Jamie Allen, MBA ’99, and David businesses with financing options through position as six sigma master black belt/ with The Boeing Co. in the international finished his first year at Harvard Business was born on Feb. 2, 2007. and communications for Olin Business Amy Chan, BSBA ’98, founded Simple Wainwright, MBA ’98 were there, making its flexibility, speed and personal approach. business development manager for 3M business development group, specializing School and worked for New Enterprise [email protected] School. Memory Art, a company that designs the weekend perfect – except for Aerospace. in Kuwait industrial offset management. Associates during the summer, focusing

36 | 2007 2007 | 37 OlinBusiness OlinBusiness

class notes

Jeremy Brenner, BSBA ’03, St. Louis, was Gordon McRae, EMBA ’03, St. Louis, home, they miss living five blocks from She received a full scholarship to UCLA to ZuWei Ma, MBA ’05, Shanghai, China, is a Craig Schaefer, MBA ’06, St. Louis, joined named director, business solutions for was promoted to manager of financial the ocean. pursue an MBA in entertainment and media senior supply chain manager for Nike. Washington University as assistant director Nicole (Cool) Delimitros, BSBA ’94, and Jessica Niehaus, PMBA ’05, and Bryan, Human Resource Management Corp. in accounting for Emerson, specializing in management. in the Information Systems group. He and Jason, BSBA ’95, St. Louis, a daughter, St. Louis, a son, Gannon Brock. 2006 and serves as the firm’s senior sales acquisitions-related purchase accounting. Steve Prewitt, MBA ’04, is chief operating Tom Bigliano, EMBA ’06, Dardenne his wife, Tina, AB ’96, have three children. Megan Kathleen. and marketing executive. He was named He and his wife, Nicole, had their first child, officer for IT for Charles River Laboratories Paul Haacke, MBA ’05, Idaho Falls, ID, is Prairie, MO, was promoted to senior [email protected] Naomi Shanker, MBA ’05, St. Louis, a son, vice president of the AmeriCorps St. Louis Miranda, in May. [email protected] in Boston, overseeing all organizational senior vice president for Melaleuca Inc., director of engineering for GKN Aerospace Andrew Bonanno, MBA ’95, and Dorinda Daniel. Junior Board. and budgetary concerns for the $1.2 billion specializing in international operations. St. Louis, where he is responsible for Rohit Wariyar, PMBA ’06, St. Louis, took (de Forest), MBA ’95, New York, twin Braxton Miller, EMBA ’03, Glendale, CA, clinical-research outsourcer. Previously, He repatriated after spending four years engineering/maintenance facilities and ownership of OutsourceIT, a consulting daughters, Campbell and Amelie. Merle Taylor, MBA ’06, Pittsburgh, a son, Bob Briggs, EMBA ’03, San Antonio, is a joined Nestlé USA as a senior treasury Prewitt worked in the Business Technology in Shanghai, China, with his wife and five security, as well as coordination of best firm that targets small to medium-sized Samuel. money manager for the Surgeon General of analyst. He encourages any alumni in department at Pfizer in New York. children. engineering practices for the acquisition of businesses and offers solutions that Cary Goldstein, BSBA ’95, and Eve (Loren), the U.S. Army. the Los Angeles area to contact him. [email protected] Stellex Corp. range from Web site design to IT strategy. AB ’94, a child. [email protected]. Kyle Hill, MBA ’05, Shanghai, China, [email protected] Manish Chandak, PMBA ’03, was Mark Pydynowski, BSBA ’04, St. Louis, is started a position at PRTM, a management Tim Brooks, BSIM ’95/MTM ’00/EMBA Tim Laczkowski, BSBA ’95 and Amy Marriages and promoted to president of Quilogy Inc. Gideon Ozik, MBA ’03, joined Societe president of bionanotech start-up company consulting firm, focused on supply chains ’06, has accepted a position with the state Sarah Frances Watson, BSBA ’06, (Albers), BSBA ’95, Dallas, a son, Luke Generale Alternative Investments in France Somark Innovations. The company won the and operations. Hill also is group manager of Georgia as vice president and chief Chicago, works for McMaster-Carr as a Gregory. [email protected] Engagements Eric D. Coonrod, BSBA ’03, Los Angeles, as a hedge fund manager. 2005 Olin Cup competition and $50,000 in for the Olin MBA LinkedIn group. He information officer of Savannah Technical supervisor in the warehouse of the Bin Thomas Egan, MBA ’95, to Rebecca J. joined The Mercanti Group, a boutique seed funding and has raised $2 million in invites anyone in the area to contact him. College. Filling department, the company’s largest Natasha (Edwards) Pallan, BSBA ’95, and Noack, April 29, 2007. investment bank, as an associate in the Melinda Prescher, MBA ’03, Minneapolis, equity financing from angels and strategic [email protected] department. She and Matthew Peck, BSBA Kamal, New York, a son, Vikram. Mergers and Acquisitions group. was honored by her undergraduate alma industry partners. Pydynowski has built Bradley Doline, MBA/JD ’06, New York, ’06, married on Sept. 2, 2007 in Savannah, Julie Tucker, MBA ’95, to Eric Legrand, mater, the University of Minnesota, with a research and development team of 15 Rachel Hochheiser, MBA ’05, Los Angeles, has accepted an associate position with GA. They met in a class taught by Olin Danielle (Primm) DuBois, BSBA ’97, and April 21, 2007. Elizabeth Deal, EMBA ’03, celebrated the College of Liberal Arts’ Alumni of engineers, created international awareness is southwest area executive director for Curtis, Mallet-Prevost, Colt & Mosle, where Professor Chris Long in fall 2003. Paul, Sycamore, IL, a daughter, Sydney Noelle. the five-year anniversary of her business, Notable Achievement award in March. via internet marketing and received three BBYO Inc., and fiancé, Scott Schwartz, he works in the Investment Management Tim Whittle, BSBA ’96, to Beth Slaughter, Vellum, in May. Vellum specializes in She and Jennifer Rettig welcomed Miller patents. He is on the board of directors for JD/MBA ’04, is a corporate attorney for Practice Group. Don Wunsch, EMBA ’06, was keynote Valerie (Cummings) Zanders, MBA ’97, May 26, 2007. invitations, stationery and gifts. Michael into the world on Jan. 21, 2007. the United Way of Greater St. Louis and Manatt, Phelps & Phillips. speaker at the European Symposium on and Mickah, Jonesboro, GA, a child. on the Steering Committee for the young [email protected] John Engman, MBA ’06, St. Louis, was Time-Series Prediction in Espoo, Finland, Kerry Soffar, BSBA ’97, March 10, 2007. Robert Dircks, BSBA ’98, and Amy (Clugh), Jackie Fessler, MBA ’03, Denver, works for Kent Schultz, EMBA ’03, Eden Prairie, professional group GenNext. promoted to market manager at Emerson. in February 2007. The previous evening’s AB ’97, Deephaven, MN, a daughter, Julia The Boeing Co. MN, joined the Consulting Service group Michael Jansma, PMBA ’05, is a product Under his management, the company had events included two hours of cross-country Carrie Stevens, MBA ’98, to John Darling, Lauren. of Cargill Animal Nutrition in Minnetonka, Kathleen Quinn, BSBA ’04, Chicago, is a line manager with American Power $90 million in sales in the water, wastewater skiing, followed by a warm-up in the sauna Oct. 28, 2006. MN, as account manager. consultant for Accenture. Conversion. and swimming in a frozen lake. Participants Chris Gannett, MBA ’03, New York, was and irrigation pump markets. Heather (Rogers) Karimi, MBA ’98, and promoted to senior director, strategic had to hike about 100 yards to the lake Joanna Lipsitz, BSBA ’98, to Andrew Stan, Broomfield, CO, a daughter, Madelynn Warden, AB ’98, Nov. 11, 2006. marketing and business development for James Voss, EMBA ’03, was appointed Elizabeth (Schiller) Wainwright, David Kaufman, MBA ’05, Denver, is a Jill Jones, EMBA ’06, has been appointed in subzero, snowy weather. Don beat the Rose. Sony BMG corporate. He is responsible for president of Flexsys, the world’s leading BSBA ’04, St. Louis, is an animal health senior analyst at Watson Wyatt Worldwide. director, global production at Brown- Finns at their favorite pastime by ice- developing and recommending projects supplier of chemicals to the rubber officer with the Missouri Department of Forman. She is responsible for all aspects of swimming five times. Michael Kotowski, BSBA /MSBA ’99, to Michael Cousin, MBA ’99, and Kim, Frisco, Erica Morton, summer 2006. across more than 20 record-label operating industry. Agriculture. She returned to graduate Taewoo Kim, MBA ’05, Muscatine, IA, is a global production, including the operations TX, a daughter, Hannah Elaine. divisions. Gannett previously worked as school in the fall and is studying procurement specialist for HNI Corp. of distilleries, bottling facilities, wineries Nivedita Kulkarni, BSBA ’07, St. Louis, vice president and general manager for Sarah Sullivan Bigelow, EMBA ’04, epidemiology and zoonotic disease and Blue Grass Cooperage; supply chain, accepted an internship with Leo Burnett in Susan Koflowitch, PMBA ’00, to Richard Terese Friel Portell, MBA ’99, and Greg, B. Megley Jr., July 28, 2006. Citigroup Corporate & Investment Bank Overland Park, KS, accepted a position as transmission. She married Will Wainwright Patrick Morgan, EMBA ’05, St. Louis, research and development; and production Chicago. After her internship, she plans to MBA ’99, a daughter, Virginia “Jenna” in its Global Payments business. He and senior manager of planning and support in December 2004 in Holmes Lounge. volunteers as chairman for the Champions services. Supported by a strong and do service work in India and travel before Brooke. J.P. Niemann, PMBA ’00, to Suzy, last his wife, Lisa, AB ‘01 , were married on July for Merck. She has two young children, [email protected] for the Cure Committee. He coordinated talented group of professionals, Jones’ team looking for a full-time advertising position. year. 22, 2006, in Dallas. Lisa was promoted to Suzanne Mary and Shannon Sullivan. a press conference in Jefferson City, MO, will be critical to Brown-Forman’s future Kulkarni was recognized by the American Kevin Prunty, BSBA ’99, and Kelly, manager at McKinsey & Co. Patrick Sly, EMBA ’04, Newburgh, IN, to honor the 25th anniversary of the Susan growth. She joins the Executive Committee Advertising Federation with a “Most St. Louis, a son, Jack William. kevinprunty@ Beth Rosen, BSBA ’00, to wed Alexander Walker Deibel, MBA ’04, was promoted works for Bristol Myers Squibb in Evansville, G. Komen Race for the Cure and to bring Promising Minority Students Program” starting in September. hotmail.com Fink, April 2008. James Hajjar, MBA ’03, was promoted to vice president and minority owner of IN, where he is director of infant formulas. attention to the lack of a Missouri state award for 2007. She was one of 50 students to increase the global presence of The Corley Printing Co. The company specializes He and his wife, Jana, have two children, budget for breast, cervical cancer and Kristein King, EMBA ’06, Columbia, MO, selected nationally. Shalen (Riswadkar) DuFaux, MBA ’00, Laura Wolf, BSBA ’00, to wed, summer Hartford Group in South America. He in the printing of catalogs, directories and Lauren, 3, and Garren, 1. cardiovascular screening services. He was promoted to vice president, marketing Orchard Park, NY, a son, Liam. 2008. has had a great two years in Brazil and is soft-cover books and houses a full bindery, testified before a House Appropriations at Analytical Bio-Chemistry Laboratories. Evan Shay, MBA ’07, Baltimore, accepted engaged to a native Brazilian. His fiancée with warehouse and fulfillment capabilities Steve Storgion, EMBA ’04, St. Louis, is an Committee in February on the positive a position as a fixed-income analyst at T. Jason Ryan, MBA ’00, and Sari Clifford Holekamp, MBA ’01, to Megan and two daughters welcome anyone in the at its St. Louis business. Deibel married automation specialist with IBM Co. impact and fiscal benefits of additional Sarah Kirschner, EMBA ’06, St. Louis, was Rowe Price. Silvanto-Ryan, Madrid, Spain, a daughter, Kolbrener, Oct. 27, 2006. area to visit them. [email protected] Colleen Hill on June 10, 2006, at his family funds. In March, he organized a group of appointed vice president of operations for Cecilia Anna. farm in DeSoto, MO. Anand Twells, BSBA ’04, was promoted supporters, who met with Gov. Matt Blunt Fleishman-Hillard in St. Louis in February. Kevin Sprouse, EMBA ’07, Columbia, MO, April Mickens, BSBA ’02, to Andwele Jolly, Pete Herder, PMBA ’03, Portland, OR, to director of interior design for the to discuss suggested increases to the state She oversees all non-public-relations completed the London Summer Program. Jason Hoberman, BSBA ’01/MBA ’06, and AB ’02/PT ’05, September 2006. accepted a position as manufacturing Elizabeth Marti, BSBA ’04, St. Louis, is Rainbow Village development. He uses budget. [email protected] staff and functions. Previously, she was Following his father’s retirement, he will Michelle, Memphis, TN, a son, Ari Seth. division manager with Hydra-Power international marketing “bear” for Build- the skills he learned at Olin to help craft self-employed as a Human Resources be taking over the Sprouse Diversified Danielle Parker, BSBA ’02, to Brian Systems Inc. His family has settled in, and A-Bear Workshop. creative motifs for this new Bay Area Cheryl Perlmutter, PMBA ’05, St. Louis, consultant. Investments Inc. holdings, which Matt Lederman, MBA ’01, and Alexandra, Pollack, June 26, 2005. they love the city. community. Anand loves the cultural blend was nominated to participate in the three- encompass four separate companies. New York, a daughter, Anna Alexandra. Shaun Koiner, BSBA ’04, New York, and accepting environment San Francisco year Leadership Development Program for Katy Laciny, PMBA ’06, St. Louis, accepted Chris Gannett, MBA ’03, to Lisa Klein, Dan Jenkins, MBA ’03, St. Louis, serves was promoted to manager, business offers. He spends his evenings volunteering The Boeing Co. a marketing position with Nestlé Purina Tom Stehl, MBA/MSW ’07, St. Louis, Rod Limpiphiphatn, PMBA ’01, and AB ’01, July 22, 2006. as director of communications and public development of SI Digital. SI.com. as a lifecoach for children at the local PetCare and works with the company’s accepted a full-time position with Meds Mireia, a son, Maxim “Max.” affairs for Solutia Inc. Jenkins and his wife, community center. Brian Peterson, MBA ’05, Edwardsville, IL, Corporate Strategic Brand and Consumer & Food for Kids (MFK), a St. Louis-based Nicole Stewart, BSBA ’03, to Carlos Sue, were proud to announce the birth of Hideyuki Matsuda, MBA ’04, Tokyo, has been promoted to senior manager at Relationship Marketing teams. nonprofit agency that fights hunger and Alaina Macia, MBA ’02, and Daniel Macia Bolden, EN ’03, August 2007. Isaac Jacob on March 7, 2007. Isaac Jacob has become general manager for iSigma Thomas White, PMBA ’04, completed his UHY Advisors. [email protected] malnutrition in Haiti and other developing PMBA ’04, St. Louis, a daughter, Arianna joins siblings Emma and Caleb. Capital, a venture capital and private equity Executive Master of International Business Chris Lange, BSBA ’06, McLean, VA, is countries. He wrote a grant proposal that Danielle. Walker Deibel, MBA ’04, to Colleen Hill, [email protected] fund. (EMIB) degree at Saint Louis University. Matthew Roberts, MBA ’05, Attalens, associate product manager for Emerging helped the organization win $198,020 in June 10, 2006. He and his wife, Cindy, are expecting their Switzerland, works in Nestlé’s Acquisitions Media Group. [email protected] funding in a competition co-funded by the Ted Myles, MBA ’02, and Tamara, Boston, Christopher Keller, MBA ’03, St. Louis, Bryan Muehlberger, PMBA ’04, has been second child in September. and Business Development group and World Bank’s Development Marketplace a son, Edward Seymour. Elizabeth Marti, BSBA ’04, to wed, joined Summit Strategies in January as a promoted to director at Express Scripts Inc. manages venture capital interests to Andy Mayer, EMBA ’06, is information and the Bill & Melinda Gates Foundation. May 2008. member of the Private Equity and Venture Jeffrey York, MBA/JD ’04, joined Rabbitt, internalize innovations that have long-term technology director for a division of Jake Sturdy, MBA ’02, and Kirsten, Capital Manager Research group. He Ami (Vincent) Newman, EMBA ’04, Pitzer & Snodgrass PC and is working in the competitive advantages for Nestlé’s global Emerson in Minnesota. St. Louis, a son, Graysen Dietrich. Ami Vincent, EMBA ’04, to completed his Charted Financial Analyst St. Louis, was promoted to senior manager, firm’s construction/architect professional operating companies. [email protected] Ben Newman, Nov. 11, 2006. testing in June 2006. The Kellers have three management reporting and analysis for the liability groups. He focuses on design John McCartan, EMBA ’06, Wadsworth, Births and Michael Dillhyon, EMBA ‚’03, Steinhausen children: Max, 5; Sasha, 3; and Graham, 2. sales operations division of Anheuser-Busch professional liability defense, which Christopher Robertson, BSBA ’05, New IL, has been appointed to development, Zug, Switzerland, a son, Wyatt David. Elizabeth Schiller, BSBA ’04, to Will [email protected] Cos. Inc. She is responsible for Innovation includes architects, engineers and land York, is an equity analyst with Value Line Chicagoland market for Pcubed, a program Adoptions Wainwright, December 2004. Brands, Import-Craft-Specialty Brands and surveyors. Inc. and project-management firm. Lee Enrile, MBA‚’03, and Yoko Stuart Seidman, MBA ’85, and Paula, (Yamashina), MBA ’03, a daughter, Erica. Jason Kley, MBA ’03, was named Ethnic Marketing analysis and reporting. Swathmore, PA, a daughter, Meredith. Nekisha Williams, MBA ’04, to Dr. Aaron advisor at Vector Wealth Management in She married Ben Newman on Nov. 11, 2006. Tatum Yount, BSBA ’04, Manhattan Beach, Jeremy Schneider, MBA ’05, works as Kevin Plohr, EMBA ’06, has been [email protected] Omotola, Sept. 2, 2006. Minneapolis. Kley previously was a manager CA, was one of four CBS Outdoor account an associate in the Structured Finance promoted to managing supervisor at Jeffrey Feldman, BSBA ’88, San Francisco, Dan Jenkins, MBA ’03, and Sue, St. Louis, a at Union Pacific Railroad in Omaha, NE. Nekisha (Williams) Omotola, MBA ’04, executives to win a 2006 MVP award. She department at Standard & Poor’s. Fleishman-Hillard in St. Louis. Jessica Kelly, PMBA ’05, to John Gallagher, a daughter, Rachel. son, Isaac Jacob. [email protected] New Orleans, is president of Equilibrium received the award during the 2007 Annual Sept. 2, 2006. William Lockwood, PMBA ’03, St. Louis, Marketing Inc., with former employer, Manager’s Meeting in Phoenix. Tony Smith, BSBA ’05, Burbank, CA, works Karl Riley, BSBA ’06, Houston, works for Cathy (Schorr) Ivey, MBA ’91, and John, Gordon McRae, EMBA ’03, and Nicole, Los Angeles-based 20th Century Fox for Disney Home Entertainment as a senior Rachel Hochheiser, MBA ’05, to wed is a financial advisor for Edward Jones National Oilwell Varco’s Next Generation Eden Prairie, MN, a son, Matthew. St. Louis, a daughter, Miranda. Investments in St. Peters, MO. Home Entertainment, as a client. Her Douglas Bodde, MBA ’05, Bloomington, financial analyst. Smith previously worked Program, which introduces the industry Scott Schwartz, JD/MBA ’04, November 2007. new role is more strategic in nature and IN, is business development manager for Intel Corp.’s Optical Platform Division to new employees. Riley is experienced Jordan Forman, BSBA ’92, and Jodi, Melinda Prescher, MBA ’03, and Jennifer Richard Maltsbarger, PMBA ’03, includes developing corporate promotional for the Indiana University Research & and was responsible for budgeting and with various facets of the oil-services Roswell, GA, a son, Jared Daniel. Rettig, Minneapolis, a son, Miller Michael. Mooresville, NC, was promoted to vice partnerships and reviewing and evaluating Technology Corp. planning. [email protected] industry, including sales, manufacturing Sarah Frances Watson, BSBA ’06, to Matthew Peck, BSBA ’06, Sept. 2, 2007. president of research for Lowe’s Cos. Inc., film projects for acquisition. She married and distribution. He has traveled to Italy, Rob Rosenfeld, BSBA ’93, and Eileen Sarah Sullivan Bigelow, EMBA ’04, the $47 billion home-improvement retailer. Dr. Aaron Omotola on Sept. 2, 2006, at Erica Colon, BSBA/BFA ’05, New York, was Wendy Terry, MBA ’05, Pelham, NH, is a Germany, Poland, Scotland, Austria and Sharkey, BSBA ’94, Highland Park, IL, a Overland Park, KS, a daughter, Shannon. Suzanne Shenkman, PMBA ’06, to He leads all global market and consumer the Museum of Contemporary Art in promoted to marketing supervisor of iN self-employed independent consultant. Mexico. Riley says National Oilwell Varco son, Andrew Ethan. research and analytics. He and his wife, Chicago. He is completing his residency DEMAND Networks, named “Employee has been a wonderful company to work for Albert Crook, PMBA /MIM ’05/MF ’07, Sandra Walker, PMBA ’04, St. Louis, a son, Oct. 6, 2006. Fara, have two children, Annabelle and in orthopedic surgery at Louisiana State Most In Demand 2006” and was nominated Kevin Tryon, EMBA ’05, Troy, MO, is and wants to continue to educate himself in Karen (Palmer) Bland, MBA ’94, and Scott Andrew. Jackson. [email protected] University. Although they love their new for the Bernice Coe Award, a national director, Competitive Intelligence Business areas where oil, law and business intersect. Jeffrey, a daughter, Georgia Gert. Cable award for women in entertainment. for Supervalu Inc. [email protected]

38 | 2007 2007 | 39 OlinBusiness OlinBusiness

iN memoriam your career

Harold T. Reinke, BSBA ’47/ Joseph L. Ward, BSBA ’53 1920s MBA ’55 Edwardsville, IL St. Louis Tools for Lifelong Professional Development Eugene H. Stifel, BSBA ’29 Edwin L. Ellston, BSBA ’54 Whitaker Remembered St. Louis Joseph G. Sloofman, BSBA ’47 St. Louis St. Louis for Tenure at Olin James Gervich, BSBA ’54 What sweaty-palmed job interviewee hasn’t sat through the question: 1930s Harlan S. Steinback, BSBA ’47 houston Rancho Mirage, CA il Whitaker, former associ- Leon Sosna, BSBA ’32 Allan Erblich, BSBA ’56 ‘Where do you see yourself in fi ve years?’ St. Louis Beverly J. Steele Towne, BSBA ’47 St. Louis ate dean and professor of Tigard, OR John S. Stoffer, BSBA ’33 Alan C. Lander, BSBA ’56 business economics, died houston G ou need to be able to answer with similar challenges – also is a good Lambert C. Trovillion, BSBA ’47 St. Louis on June 21, 2007, in houston after St. Louis the question, whether you’re idea. And keep in mind, “lifelong profes- Victor F. Kern, BSBA ’34 Barry Musgrove, BSBA ’56 a long illness. he was 75. St. Louis Eugene L. Wolff, BSBA ’47 Sterling, IL Whitaker received a bachelor’s happy in your current posi- sional development is fundamental to St. Louis A. Carl Tietjen, BSBA ’35 Bernard H. Sirkin, BSBA ’56/ tion or looking to transition to holding your current position, not the Summit, NJ degree in economics from Rice Joyce Evertz, BSBA ’48 MBA ’65 Ysomething new. An informed response competitive advantage it once was.” Madison, WI St. Louis University in 1953 and a master’s Harvey D. Rudolph, BSBA ’36 requires knowledge of the job market Olin has mandatory career courses Jerseyville, IL Jane A. Quest, BSBA ’48 Joan Long, BSBA ’58 degree and doctoral degree in Finn Underwood, BSBA ’36 St. Charles, MO St. Louis economics from the University of and prior thought about how you want in both the MBA and MS in Finance Los Angeles Donald T. Scott, BSBA ’48 Douglas E. Lundstrom, BSBA ’58 Wisconsin in 1958 and 1961, respec- to direct your career. curriculums. More than 70 percent of St. Louis St. Louis Lt. Col. William N. Brown II, tively. he was a member of the According to Jim Beirne, associate our undergraduates enroll in “Manag- BSBA ’38 Herbert H. Soule, BSBA ’48/ John H. Siegel, AB /MBA ’58 Carrolton, TX Navy ROTC and served in the dean and director of the Weston Career ing your Business Career Strategy.” This MSW ’51 Belleville, IL Center (WCC), “the job market today is year, the Weston Career Center is initi- Myron B. Newman, BSBA ’38 St. Louis Mediterranean and Pacifi c. St. Louis as robust as it was before the dot-com ating a career course for PMBA students Arthur E. Werner, BSBA ’48 1960s After his tenure at Olin from Owayne V. Jones, BSBA ’39 St. Louis 1967 to 1976, Whitaker was provost crash in 1999 – and indications are it will and delivering several programs for St. Louis William D. Banks, BSBA ’60 Robert E. Bremerkamp, BSBA ’49 St. Louis continue to stay strong.” he says MBA EMBA students. St. Louis and executive vice president for 1940s Ronald C. Cullman, BSBA ’60 academic affairs at the University on-campus recruiting is up 20 percent, Beirne suggests taking advantage George G. Brody, BSBA ’49 St. Louis and median salaries are up 6 percent. of Washington University’s Career David E. Leigh, BSBA ’40 O’Fallon, MO of Michigan, dean of the Univer- St. Charles, MO David H. Denby, BSBA ’60 In addition, Olin undergraduates are Connections alumni directory that Burton F. Figus, BSBA ’49 Springfi eld, IL sity of Michigan’s business school Cmdr. Robert W. Aubuchon, St. Louis and dean of Rice University’s Jones being wooed by 19 of the top-20 recruit- lists graduates from around the world. BSBA ’41 David Comfort, BSBA ’62 Erwin G. Fischer, BSBA ’49 ing companies. he also suggests checking out the Annapolis, MD St. Louis Graduate School of Management. St. Louis Beirne adds that hedge fund and pri- Weston Career Center library, which Dorothy R. Bailey, BSBA ’41 Robert P. O’Neal Jr., BSBA ’63 Whitaker is survived by his wife Hon. Chic Hecht, BSBA ’49 herrin, IL St. Louis vate equity positions are highly sought provides access to a large number of Las Vegas of 53 years, Ruth; children, Kate, Maxine Crow, BSBA ’41/MSW ’47 Donald C. Bernstein, BSBA ’64/ after by our students, but opportunities “The only job security indi- databases, as well as topical informa- Herbert E. Hetzler, BSBA ’49 David and Thomas; grandchildren, St. Louis JD ’67 for these positions are rare. he says tion on how to best establish and St. Louis St. Louis Rachelle, Meaghan, Emma, Gus viduals have today is their John A. Thomson, BSBA ’41 Harrison D. King, BSBA /JD ’49 analyst and associate roles in invest- manage your career. Go to www.olin. Corte Madera, CA James F. Kane, DBA ’64 and Andrew; and sister, Michael St. Louis Columbia, SC ment banks and rating agencies – like ability to know how to fi nd wustl.edu/wcc/alumni.cfm for alumni Harold M. Goldberg, BSBA ’42 Whitaker Arike. George O. Mack, BSBA ’49 St. Louis Standard & Poor’s – are excellent paths another job.” job-search resources, career-transition St. Louis 1970s Blanche Gross, BSBA ’42 to future private equity and hedge fund services and job postings. Frank V. Schaefer Jr., BSBA ’49 St. Louis Paul A. Hamilton, MBA ’70 careers. Investment-banking and man- Jim Beirne “What Color is your Parachute? 2007: St. Louis St. Louis Monte L. Lopata, BSBA ’42 Associate Dean and Director Nicholas G. Stamulis, BSBA ’49 agement-consulting positions are grow- A Practical Manual for Job-hunters and St. Louis Paul S. Dubis, BS ’72/MBA ’77 St. Louis St. Louis Heaney Honored with ing in the United States and overseas. of the Weston Career Center Career-Changers” by Richard Nelson Albert J. Costa, BSBA ’43 Meanwhile, “traditional-manufacturing Bolles is highly recommended reading, Staunton, IL Jill L. Franklin, MBA ’78 50th Medallion 1950s Barrington, IL and consumer packaged-goods compa- keeping my head down in my company?” according to Beirne. Beirne also recom- Lucyanne Dwyer, BSBA ’43 Jasper A. DePaul, BSBA ’50 St. Louis Lori Hodges Sklar, BSBA ’78 uring a special pre-Com- nies are becoming more aggressive in he refers to an old adage in the career mends Timothy Butler’s book “Getting St. Louis Boca Raton, FL mencement breakfast, their recruiting practices and compensa- industry: “The only job security individu- Unstuck: how Dead Ends Become New Abe Epstein, BSBA ’43 Clifford T. Johnson, BSBA ’50 Kansas City, MO Louisville, Ky 1980s Sheila heaney received the tion packages to stay competitive for als have today is their ability to know Paths,” which helps individuals identify D th Norman Julius Sulkin, BSBA ’43 A. Richard Krachenberg, BSBA ’50 Nancy S. Rendleman, MBA ’82 University’s 50 Medallion for her some of the best talent.” how to fi nd another job.” Beirne advises career interest patterns and seemingly Memphis, TN Plymouth, MI St. Louis late husband, Donald heaney, BSBA For alumni who are considering that you conduct your own annual contradictory tensions, motivations and Martin M. Koshner, BSBA ’44 Thompson A. Nooner Jr., BSBA ’50 Steven Marc Cohen, BSBA ’84/ ’57. The embossed and engraved changes, Beirne encourages the follow- career reviews and periodically add new goals to make career choices. St. Louis hilton head Island, SC LLM ’89 medallion is a tribute to 50th reunion ing self analysis: “What am I doing to skills to your professional portfolio. “In today’s global marketplace, my Jane Lewis, BSBA ’44 Stephen D. Saboff, BSBA ’50 St. Louis Santa Fe, NM Apopka, FL participants, who also are honored continually grow and give back to my Expanding your network to competi- advice is to make things happen; don’t Elizabeth Turner, BSBA ’44 Charles F. Stephens Jr., BSBA ’50 1990s by marching in the Commencement professional network? Am I staying tors, suppliers and distributors – even let them happen to you. That’s the best Klamath River, CA St. Louis Alexander Knight Mills, EMBA ’91 ceremony with new graduates. up to date with industry advances, or in industries other than yours that deal way to guarantee success.” San Antonio Arnold K. Knippenberg, BSBA ’45 Richard W. Wilson, BSBA ’50 The event was bittersweet for the Glen Carbon, IL East Alton, IL Douglas S. Hancock, MMEG ’98/ PMBA ’99 heaney family. Donald was looking Simon J. Arnold Jr., BSBA ’47 Clinton W. Joerding, BSBA ’51 Madison, WI San Antonio Phoenix forward to sharing the spotlight – and the procession – with his Marvin Blum, BSBA ’47 Helen Kaiser, BSBA ’51/MBA ’56 s Thinking About Changing Your Career? St. Louis St. Louis 2000 son, John, MBA ’07. Donald died in Wei Xia, MBA ’03 Stanley de Groote, BSBA ’47 O. Jurgis Bendikas, MBA ’52 October 2006. Fairview, TX Old Greenwich, CT ® Deerfi eld, IL Each year, almost 200 reunion CareerLeader , an interactive, online self-assessment tool, will give you insights on James E. Harrison, BSBA ’47 June Early, BSBA ’52 medallions are presented the your professional strengths, skills and passions. For more information, contact an Tulsa, OK St. Louis evening before Commencement. Olin career advisor at 314-935-5950. Robert J. Major, BSBA ’47 Donald A. Ruth, BSBA ’53 Imperial, MO St. Louis

40 | 2007 2007 | 41 BSBA Admissions 314.935.6000 800.638.0700 Creating knowledge…Inspiring individuals…Transforming business. [email protected] Full-time MBA Program and Professional (Evening) MBA Program 314.935.7301 888.622.5115 WHO WE ARE [email protected] Executive MBA-St. Louis Olin is an institution of leaders: inspiring faculty and exceptional staff … exhilarated, brilliant students … and successful, 314.935.9009 888.273.6820 energized alumni. Our mission is to: [email protected] Create knowledge…Inspire individuals…Transform business. Executive MBA-Shanghai +8621 5566-4788 This is our reason for being. It is unchanging. It has guided our pursuits for generations and continually inspires us to assess [email protected] how we must change to best fulfi ll our mission in the years ahead. Master of Finance Program In all we do, we are guided by a small set of timeless core values: 314.935.8382 msfi [email protected] • Free, open and disciplined intellectual inquiry – We are rigorous, boundless and unrestricted in our passion for creating new knowledge. Master of Accounting Program 314.935.9542 • The transformative power of learning – We are all lifelong learners who want to grow and develop continually. [email protected] Everyone is a teacher and a learner. PhD Program 314.935.6340 • Community and collaboration – We are straightforward, welcoming, supportive people. Our interactions are the source [email protected] of new insights, trust and a deep sense of belonging. Executive Programs (Non degree) • Integrity and responsibility – We are fair and ethical in all we do. Taking the right way, as opposed to the easy way, 314.935.9494 is a fundamental responsibility that goes with our privilege of being a business school and its impact on society. [email protected] • World-class quality and results – We deliver excellence, always. Weston Career Center 314.935.5950 [email protected]

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In This Issue: Faculty Research 8 Women in Business 20 EMBA-Shanghai Program 24