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Marquette University ACCOUNTING The Tim and Stephanie Knight Family COLLEGE OF BUSINESS ADMINISTRATION n FALL 2015 FROM THE CHAIR GreetingsIt is our pleasure to share with you the 2015 edition of Accounting, Thank you for your continued support! Through your business and 4 the magazine of the Department of Accounting of the College of community activities, you reflect the values and ideals of Marquette Business Administration at Marquette University. Our hope is that University to all whom you meet and work with. Many of you have the articles about fellow accounting alumni and the information impacted the accounting program by referring prospective students, about the Accounting Department and College of Business serving as mentors, or offering internships and full-time employment Administration will help to keep you connected to Marquette. opportunities. I have been privileged to meet and work with many of you. When I meet with prospective students and their parents, The Accounting Department faculty members are proud to I take pleasure in discussing the various ways that each of you as recognize the accomplishments of the alumni, current students alums, as well as friends of the program, support the accounting and friends of the accounting program. An update on faculty and department. department activities is also provided. Please send along any items of personal and professional interest I want to especially thank our Master of Science that you would like to share by using the back page of the magazine, students for conducting the interviews and writing by calling, or by e-mailing us. If you are ever on campus, please stop them up, Amanda Ames, our executive assistant, by, as we would welcome the opportunity to visit with you. for her editorial work and Dora Hagen for designing the magazine. Everyone has done – Michael D. Akers, Professor and Chair an excellent job. 7 Advisory Board Accounting Faculty Chairman Professor Emeritus John Malloy, NAI-MLG Commercial Frank R. Probst, PhD (University of Florida), CPA Members Professors David M. Bauer, Lubar & Co. Michael D. Akers, PhD (University of Mississippi), CPA, CMA, CIA, CFE, Department Chair and Charles T. Horngren Professor of Accounting Tony Berndt, Baker Tilly Virchow Krause & Company, LLP Don E. Giacomino, DBA (University of Kentucky), CPA Michael J. Browne, Advanced Financial Training and Donald & Beverly Flynn Chair Holder Andrew Copps, Actuant Corporation Eric W. Falkeis, Direxion Funds Associate Professors Thomas Fotsch, EmbedTek, LLC Qianhua Ling, PhD (Oklahoma State University) Jessica B. Gatzke, Scribner Cohen and Company, S.C. James P. Trebby, DBA (University of Kentucky), CPA and Bradley J. Kalscheur, Michael Best & Friedrich LLP Director of the Master of Science in Accounting Program Melissa K. Koeppel, Grant Thornton LLP Robert B. Yahr, PhD (University of Nebraska), CPA and Director of the Accounting Internship Program Jeffrey Krol, Jeffrey W. Krol & Associates Robert D. Love, PricewaterhouseCoopers LLP Assistant Professors Joan Phillips, Deloitte & Touche LLP Jodi L. Gissel, PhD (University of Wisconsin – Madison) James G. Quaid, Ostrow Reisin Berk & Abrams, Ltd. Kevin Rich, PhD (University of Oregon) Ikseon Suh, PhD (Southern Illinois University) David J. Rodgers, Briggs & Stratton Corporation Joseph M. Wall, PhD (Case Western Reserve University) Greg Ryan, KPMG LLP Ignatius L. Smetek, Arcataur Capital Management LLC Adjunct Assistant Professors Daniel T. Szidon, Wipfli LLP Michael P. Dole, MS (University of Wisconsin – Milwaukee), Laurence Tomsyck (retired), Ernst & Young CPA, CFP Victor Weiler (retired), Clifton Gunderson LLC Douglas O. Smith, JD, MBA (Marquette University) Ann Marie Wick, Briggs and Stratton Adjunct Instructors Cindy Gruber, MS (University of Wisconsin – Milwaukee), CPA Barbara L. Kren, MS (University of Wisconsin – Milwaukee), CPA CONTENTS 4 6 4 Tim Knight Seizing Opportunity: Following Life’s Unexpected Path 6 Mark Santacrose Mark Santacrose and Family: We are Marquette! 7 Cheryl Truesdale Going the Distance: Personally and Professionally 8 Greg Naples Dr. Greg Naples: Challenged and Influenced Business Law Students 9 Amanda Isken 7 Elijah Watt Sells Award 10 Beta Alpha Psi 2015 Update 8 11 Rick Dillon Beta Alpha Psi Alumnus of the Year 11 Dr. Brian Till New James H. Keyes Dean of the College of Business Administration and Graduate School of Management 11 Ann Marie Wick Alumni National Award for Service 12 Robert Love Advisory Board Member Feature 9 12 13 Graduate Assistant Interviewers 14 Accounting Department News, Scholarly Activities by the Faculty 15 Accounting Students & Alumnus Awards, Accounting Internships 16 Accounting Majors Receive Scholarships 18 Marquette Teams Participate In ACKNOWLEDGEMENTS Accounting Firm Competitions The Marquette University College of Business Administration Accounting magazine is published by 19 Class Notes the Department of Accounting, Marquette University, College of Business Administration, Straz Hall, P.O. Box 1881, Milwaukee, WI 53201-1881. Phone: (414) 288-4173. Fax: (414) 288-5755. http://business.marquette.edu/departments/accounting Matt Noe, Angela Robertson, Joseph Valenti, Yuqiong Ye and Xin Zhang, interviewers; Amanda Ames, editor; Dora Hagen, designer; Deb Reeder, copy editor. ©2015 Marquette University Please send address corrections to the above address. TIM KNIGHT SEIZING OPPORTUNITY: Following Life’s Unexpected Path sk Tim Knight if he, as a Marquette University accounting student, ever imagined he would end up where he is today and his answer is simple: A “No way.” Today, Tim is the Chief Executive Officer of Wrapports LLC, a technology holding company headquartered in downtown Chicago, Illinois. Wrapports was created in late 2011 as an entity to acquire the Chicago Sun-Times and adjacent suburban publications. The company has created a venture fund to invest in technology businesses in the media sector. Ultimately, Wrapports is committed to helping the management of underperforming businesses transform themselves into successful 21st century local media companies. Tim believes his background in both the business and broad liberal arts courses that he took at Marquette have helped him navigate the uncertain world of local media. Tim grew up near Flint, Michigan, and is the oldest of six children. His parents instilled in him and all of his siblings a core value of the importance of family, something Tim continues to find deeply meaningful. As the oldest, Tim was often responsible for watching over his siblings. As to his extended family, Tim considers himself very lucky to have had his grandparents, aunts, uncles, and cousins located close to Flint. As a result, Sunday dinners with all the family members were a regular occurrence and remain wonderful memories. Ultimately, it was a tragic event that brought his family even closer. When Tim was a sophomore in high school, his youngest brother, Michael, was involved in a drowning accident. Michael, age four, remained in a coma until his passing three years later. The sad event served to strengthen the bonds between Tim’s family members even more and has made Tim particularly empathetic toward others. Today, Tim tries to stay in regular contact with all siblings, Mark, Ted, Maureen, and Bridget, and their families, even though they are scattered across the United States. Tim followed in his father’s footsteps in attending Marquette as his father graduated from Marquette’s Dental School in 1962. Tim remembers his father telling stories about all his positive experiences at the university and he recalls, in particular, his father speaking very highly of the Jesuits and the values the school still stands for – excellence, faith, leadership, and service. Tim knew Quinn, Tim, Stephanie and Fitz Knight Marquette would be a place where he would be challenged in the classroom, a place where he could grow in his faith, and a place from which he could give back to the community. Tim knew he wanted to attend a Catholic university and was drawn to Marquette because he also wanted to experience a truly No matter what field one urban setting. While attending school in Flint, Tim described his life as “pretty suburban.” He was looking forward to having different opportunities and is in, Tim believes that experiences in college. Growing up, Tim worked at his father’s dental office and believed he might follow in his father’s footsteps, so accounting was not originally a part of his integrity and humility will plan. However, at his father’s office, Tim helped with bookkeeping and, over time, found he enjoyed accounting more and more. So, during his sophomore year, Tim transferred into the College of Business Administration. He was lead one to success. attracted to accounting because of the discipline and structure required to complete his assignments. One of Tim’s favorite things about Marquette’s business school was the requirement to complete a full complement of liberal arts courses. Tim credits the political science, theology, and philosophy courses he took as providing him with the opportunity to develop his critical 4 SEIZING OPPORTUNITY: Following Life’s Unexpected Path at the time. In 2008, the Tribune Company sold Newsday to a New York cable company. In 2010, Tim and his family returned to the Chicago area and in late 2011, Tim became CEO of Wrapports, LLC. In addition to working at Wrapports, LLC, Tim enjoys the opportunity to give back to the community. Tim is a member of the Dean’s Council of Excellence for the College of Business Administration at Marquette and on the Board of Trustees at DePaul University. Additionally, Tim is on the boards of Mercy Home for Boys and Girls, Catholic Charities of the Archdiocese of Chicago, and the Illinois Mentoring Partnership. Tim treasures the meaningful time he shares with his family. Tim and his wife, Stephanie, have been married for 10 years. They met through friends in Chicago and have been blessed with two sons, a fourth grader named Quinn and a first grader named Fitz. As a result of having young and active boys, the family spends most of their free time at one or another of the boys’ activities.

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