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URDUE UNIVERSITY SPRING 1998

Skills. ^. jorthe Neiv Millenniuni Krannert Portfolio, Spring 1998 published by Krannert School of Management, Purdue University Purdue University, West Lafayette, Indiana

This digital edition was produced by the Digital Initiatives group of the Purdue Libraries Archives and Special Collections Department The original text was scanned at 400 ppi, 24 bit color and stored as uncompressed TIFF images

Digital Initiatives Purdue University Libraries Archives and Special Collections http://e-archives .lib .purdue.edu July 2007 from the dean

Dear Management Graduates,

^ he business of management education is a full-time experience for our students. It includes their classes, team activities, and community service. TThese responsibilities prepare our students to be managers who will lead organizational change. Teaching students to embrace change is an important goal of the Krannert School. Faculty challenge students to seek innovative solutions to business issues presented in a variety of media — class lectures, team projects, multimedia activities, and new information system technologies. These activities, in particular the new technologies, offer students opportunities to stretch their intellectual boundaries and seek solutions that are over the horizon. This kind of thinking is required of innovative managers and leaders. In this issue oiPortfolio, we share with you the notable achievements of our innovative student, faculty, and alumni leaders. Enterprise integration is an important focus as we increase integration of technologies in our classes. Technology transfer projects leverage the skills and knowledge of students and researchers in the schools of Management, Engineering, and Technology, and lead to the commercialization of exciting new technologies. You'll see that Krannert students take the lead in many activities, including those related to entrepreneur- ship, case competitions, professional development and career awareness, and volunteer initiatives. Krannert's most important achievements are measured by the friendship of our constituents, who provide the foundation for the successes noted in Portfolio. We value you as a friend and as a graduate. We look forward to identifying ways for you to continue to participate in our future.

Sincerely,

^;;tM,Ui/^^^e

Dennis J. Weidenaar Dean -TV r K B R A N N

THE ALUMNI MAGAZINE OF THE PURDUE UNIVERSITY KRANNER.MonT GRADUATE SCHOOL OF MANAGEMENT AND SCHOOoL OF MANAGEMEN T SPRING 1998 VOLUME S ISSUE 1

Management Skills^ ,^ for th^ page 4 Ne^v Millennium

2 Technology Transfer Initiative: Making Innovation Happen

4 Where Are They Now/?

7 Alumni Profile: Gayle Johnston ON THE COVER From left: Julie Kelley, MSM; 8 Business in the New Millennium Rajesh Krishnamurthy, MSM; Prof. Ananth Iyer, operations management; Theodore 10 Student News Jackson, MSM; and Prof. James Ward, operations 18 Alumni Profile: Karl Krapek management, use SAP R/3 software in Krannert's Enterprise Integration Lab. 19 School News See story, page 8. 22 Alumni Profile: Richard Dauch Technology Transfer 23 Faculty Matters Initiative ^^^ 26 Alumni Agenda

30 Krannert Investors page 2

34 Class Notes

Richard •)ch

for 4^4^ t^roduc^ion

page 22 Technology Transfer Initiative

doing something for students that maklr IT IS WIDELY ACKNOWLEDGED THAT IN ORDER FOR would also help Purdue," Peterson says. "I believed that business students AMERICAS HIGH-TECH COMPANIES TO

would benefit from research and BECOME MORE COMPETITIVE, THEY MUST IMPROVE THEIR PERFORMANCE training across the disciplines." "Alan's sense is that in order to IN COMMERCIALIZING lc|p^_ JNEW TECHNOLOGIES. understand innovation it takes an by Karin Dienst interdisciplinary perspective," Thursby Stephen Green, organizational Research Internships says. "He appreciated Purdue's behavior, with assistance from Going beyond the classroom, TT! ^ • ^ lie Technology Transfer strategic advantage: our science and Purdue's Office of Technology also supports on-campus student ' ' Initiative (TTI) at Purdue's engineering programs are large, as Transfer Students learn about the internships that offer experience in Krannert School is a multi- well as excellent, and when combined issues that influence decisions about developing and commercializing disciplinary educational effort with Krannert's management whether or not to back a technology, technologies. Although unusual in programs, are truly outstanding. tf •» that develops professionals and how to develop new products and both stvie and substance, the value; who know how to take an idea from Purdue's technically oriented pool of processes. Game theory is also applied conception to commercialization. students is ideal for this kind of to analyze some R&D issues. Team Capitalizing on academic 'experiment.'" projects are an integral part of the strengths across Purdue's schools, TTI TTI is located at Krannert, a course — students develop commer­ promotes interdisciplinary education manifestation of the School's goal to cial feasibility studies for new and research of innovation and prepare students to become leaders in technologies developed at Purdue. technology transfer. Students and the new management environment, This spring, Thursby and Arden faculty who have a basic knowledge which is characterized by changing Bement, Jr, Basil S. T\irner Distin­ and the skills of engineering, science, technologies, globalization, guished Professor of Engineering, and management are well equipped to teamwork, and extensive communica­ team taught a new course: Global facilitate technology transfer by tion networks. Issues in Technology Management. combining issues relevant to research In the past five years, TTI has The course provides students with an and business environments. incorporated new technology understanding of the need for The Technology Transfer Initiative management courses into the managers to be knowledgeable about started in 1993 after a year-long curriculum, supported faculty and prepared to respond to global dialogue between Alan Peterson, HDR research, organized on-campus changes in economic and technologi­ internships, offered dissertation '91, chairman of litigation support cal environments. "We look at the From left: Joe Vanmeter, MSM, consultancy Tlicker Alan Inc., and awards, and conducted bench­ interface between technology and Prof. Marie Thursby, Barbara Newman, and Gabriel Odeh, MSM Marie Thursby, ITI director and marking surveys. business," Thursby says. The course Burton D. Morgan Chair of Inter­ Courses in Innovation includes management and engineer­ these internships has been readily national Policy and Management (see ing students who form teams to work A Krannert education emphasizes the apparent. "The TTI internship offers stor}\ page 24). Peterson, CPA, and on projects submitted by corporations. close relationship between business an interactive model of research," his wife, Milly, are primary supporters and technology Courses developed by Other curriculum developments Thursby says. "It presents a real-world of TTI. He is also a member of the faculty associated with TTI examine are scheduled — including a course learning opportunity in real time." Krannert Dean's Advisor}' (Council. issues of technological innovation for undergraduates about developing A current internship pairs "When the idea of what later and management. and commercializing technologies. Krannert master's students Gabriel became the Technology Transfer This multidisciplinary course will Odeh and Joe Vanmeter with Todd Initiative came to me and to Charles The Technology Management course was developed by professors include faculty from the schools of Hastings and Dallas Morisette, Lawrence (professor emeritus of Thursby; Arnold Cooper, Louis A. Weil, Engineering, Management, Pharmacy doctoral students in electrical accounting), we were thinking about Jr., Professor in Management; and and Pharmacal Sciences, and Science. engineering. The engineering students are developing technically

Krannert I'ortfolio 2 Spring I

Krannert I'ortfolio 3 Stmnj> 19J8 From left: Christian TWO YEARS HAVE PASSED SINCE WE FIRST Pezzuto, BSIM, Julie Bell, BS (ACCT), INTRODUCED YOU TO THESE MANAGEMENT and Jayson Canady, BS (ACCT) STUDENTS. SEE HOW THEY'VE BENEFITED SO FAR FROM THEIR SCHOOL OF MANAGEMENT EDUCATION ...

Julie Bell's School of Manage­ campus and the many opportu­ ment education just keeps nities outside the ckissroom that getting better Purdue offers. She is a member "The upper-level manage­ of Golden Key National Honor ment classes are so applicable in Society; Beta Gamma Sigma, the real world. 1 have especially a management schohistic enjoyed my upper-level honorar)'; and the Accounting bv IJmia Kimmons e profiled the following accounting classes and tax law," Association. Last year, she was a students in the Spring says Bell, who changed her major member of the Purdue Ballroom 1996 issue of Portfolio, from general management to Dance Club. during the second semester accounting. "I am receiving a great of their first college year Bell, a Krannert Alumni education, the education I had Since then, they've studied hard, Management Scholarship hoped for," Bell says. After made it to upper-level management recipient, is an intern with Givat graduation she wants to pursue courses, participated in extracur­ Lakes Chemical Corporation in a career in corporate accounting. ricular activities, had internships, West Lafayette this summer \^6^ and focused their career goals. We "The internship is giving me thought you'd like to hear about experience in corporate their accomplishments and learn accounting and the possibility more about their plans for the of permanent employment remainder of their management after graduation." education. In addition to the School of Management's reputation as one of the top business schools, Bell has been impressed with the diversity and friendliness of the

Krannert Portfolio 4 Spring I99H In upper-level classes, students become friends as well as competitors. "The classes are really competitive, which keeps me focused," says Annette Englert, an accounting major, "but you also are with a lot of friends who have the same goals and share the same career paths." What students learn outside Cornell A. Englert says her upper-level the classroom greatly enhances Bell Business classes have provided excellent their college education. Opportunit}' preparation for a career in size," she says. "Organizations Jayson Canady has learned Program accounting. "The computer classes make the campus seem smaller" a lot from his involvement in Director have been especially helpful," Englert is a member of Alpha student organizations. "Tiirough Scholar Award, says Englert, who has a minor in Gamma Delta Sorority, the some of these organizations, and AICPA management information systems. Accounting Association, and the I've been able to help other Minority' "Purdue h:is prepared me well for Society of Minority Managers. She people and that's been very Scholarship. computerized accounting. When also enjoys intramurals. Her honors satisfying," he says. Canady has Canady has I was working last summer, I include Golden Key National Honor been president of the Society completed two realized that a lot of people in the Society; Alpha Lambda Delta, a of Minority Managers, vice internships. In workplace haven't had that level scholastic honor society; and Beta president of company relations 1996, he interned of preparation." Alpha Psi, an accounting honorary. for the School of Management ;is a claims assistant for State She rounds out her education Englert, who has an internship Employers Forum, and vice Farm Insurance Company by participating in organizations this summer, plans to become a CPA president of employer relations In 1997, he was a fixed assets and activities. "Purdue has a wide and work in either public or for Beta Alpha Psi, an accountant for IBM. As a result variety of organizations, which corporate accounting. accounting honorary'. of his IBM internship, he decided really helps you adapt to Purdue's He also has been the recipient to minor in management of honors, including Golden Key infonnation systems in addition National Honor Society, Society to finiince. of Minority Managers Freshman After he receives his degree in lYIichelle King thinks of her exciting to appl}' the knowledge that and Sophomore Student of the accounting, Canady plans to auditing internship with Ernst & I have learned in my classes, and it Year awards, Dean's List, and attend law school. His manage­ Young in Indianapolis as a also gave me the advantage of Black Caucus Student Award (two ment and law degrees will be a years). He has been awarded wonderful learning experience. learning new concepts that I will be good foundation for a coqwrate several scholarships, including "The internship gave me much able to apply in the classes I will law practice, he says. Viad Corporation scholarships, more than I expected," she says. "I take before graduation," she says. experienced the realitv' of full-time King, a Susan Bulkeley Butler employment at a public accounting Scholarship recipient for the past firm, including traveling and three years, wants to work for a "One of the main reasons that I talking to various clients. And I also public accounting firm and take the was initially impressed with Purdue enjoyed the opportunity to talk to CPA exam. She also is considering and the School of Management was Ernst & Young staff at different continuing her education to earn a the personal attention *"C||, levels to learn about their career master's degree. that I received from the *^tfi A member of Alpha Lambda stiiff and the friendliness Spa.'^a . experiences." "line King, who is majoring in Delta, a scholastic honor society. of the entire campus. accounting with a minor in King was president of the Krannert That impression has finance, says working with Ambassadors, a group that provides remained throughout manufacturing, real estate, and tours for high school students the past three yeai's," healthcare clients gave her an interested in attending the School of she says. opportunity to observe first-hand Management, and has been the different coqwrations and their secretar)' of Delta Sigma Pi. She accounting procedures. "It was also is active in her campus church.

Krannert I'ortfolio 5 Spring l')98 I he interrelationship between Rethy Subramanian's accounting whristian Pezzuto says his BSIM Pezzuto, who has a minor in coursework and her internships will be a good transition to an MBA, economics, has particularly has been one of the most valuable a law degree, and, ultimately, a enjoyed studying marketing and aspects of interning. that combi corporate law practice. money and banking. "I have "My courses have prepared nation of Although upper-level developed an even greater me for the real world that I'm challenge appreciation of my Purdue experiencing in my internships, and variety co ^*ana challenging, they education as I've moved into the and I grasp concepts in the makes you > ^ are more directly upper-level classes," he says. "I classroom more quickly because a well- 9 - applicable to the couldn't be more pleased with the I've seen the real world applica­ rounded # 8 business world, quality of the teaching." tion," she says. "Internships have person." 3 he says. A member of Sigma Chi given me a good insight into what "I feel that i wu Fraternity, Pezzuto participates in I can expect when I graduate." be really prepared when I look for a intramurals. He has received the During the 1998 spring job. The advisors in the School of Krannert Alumni Management semester, Subramanian interned Management provide a lot of help Scholarship each year since he with Crowe Chizek in Elkliart, and motivation," she adds. enrolled in the School of Ind. As a sophomore she had an Because Subramanian believes Management. internship with NIBCO, also in that college is "more than books Elkliart. At Crowe Chizek she had and computers," she is active in a chance to experience work at a the Accounting Association and public accounting firm and at the Badminton Club. She also was NIBCO, accounting in a private selected to participated in Purdue's Where firm, she sa\'s. Emily Mauzy Vogel leadership Are They g^ A Subramanian says, "Upper- and Mentoring Program. level classes are more challenging, but they are also more diverse and continued from page 5 J

l^urdue's well-regarded programs Columbus, Ohio, where he worked in management and engineering as a programmer in information will give Kiran Narahari the best of systems operations. He also has a both worlds. summer internship. Narahari was working toward Narahari has enjoyed his a BSIM and a BS in computer upper-level management classes, science, but his co-op experience especially Operations Management helped him make the decision to and Managerial Accounting. switch his major to electrical "After taking those classes, I have engineering, while still earning the confidence that I can apply my BSIM degree. "The reason I decided knowledge in the real world. to do electrical engineering instead Since we used real case studies, we of computer science was mainly were able to see textbook principles because I wanted more hands-on in action." Narahari has been active in the technical experience. I found this Although Purdue is a large Krannert Ambassadors program for to be more interesting than the university, Narahari says he has three years. He also has participated software design aspects of computer had a great deal of interaction with in intramural sports. Last year, he science," he says. his management professors. received an Industrial Management A Peterson-Lawrence "Purdue has presented me with Students Association scholarship Scholarship recipient (see story, opportunities and challenges that and was selected to participate in page 33) for the past thre^ years, have made my education seem very the Emily Mauzy Vbgel leadership he also plans to earn an MBA. worthwhile, he says. "During my and Mentoring Program. Narahari's co-op was with work experience, I found that a American Electric Power in Purdue degree goes a long way"

Krannert Portfolio 6 Spring l

sunglass business with the largest for 32 days of personal training and Life i^70 percent manufacturer of prescription lenses development, mentoring and ho%v yoii make it and in the world, the French-based coaching, and a week of custom­ 30 percent how you EssilorCorp." ized academic training at Harvard Johnston joined Bausch & Lomb University's Kennedy School of take it! in 1992 and progressed from Government. marketing to a just completed stint Johnston says, "The program is as president of the Thin Film unusual in its design and targeted Division, a provider of optically for a niche market, offering inside sophisticated thin film coatings training with the women pioneers to the lighting, sunglass, and who first broke the barriers of The70^ optical industries. gender, race, and bias and who are Not bad for someone positioned to offer rare insights and Principle who entered Krannert in skills unavailable anywhere else." 1976 as a 20-year-old School of Her success, however, brings its Science graduate who, she admits, own challenge. She says that the bv Rex Mans i"or Gayle Johnston, BS '76, had "absolutely no academic greatest struggle is to keep career MSM '78, returning to campus understanding of business and and family (husband Frank and in November as an Old Master to business courses." sons Greg and Christopher) in spend three days speaking with Johnston says that through the balance while still giving adequate students in Krannert and MS in Management program, she attention to both. the School of Science was a was able to get a fundamental Johnston says she "tends to go rewarding experience. understanding of business concepts into ever)'thing with an absolute "It was wonderful," says and vocabulary while developing commitment to doing the best Johnston, "to have the oppor­ her problem-solving skills. She possible job. That often means that tunity to share with students found it beneficial to be surrounded while I'm absorbed at 'doing my who are on the cusp of realizing by students and professors who ver)' best' at one thing, something their potential." were much more sophisticated else is being neglected. I have to Johnston also has plenty of in business. struggle to assign priorities and potential to realize; she's been "The end result of my Krannert then make sure that I'm following promoted to vice president and education," she says, "was the them and living up to them." general manager of Bausch & ability to assess a situation and Johnston's problem-solving Lomb's (B&L) Eyewear Division develop solutions to business legacy from her Krannert education with global responsibilities for sales problems that hiis been a corner­ and her adherence to the "70/30 stone to my success ever since." principle" means she'll continue to Johnston "^ In 1997, Johnston was chosen strike a balance and achieve her marketing of Ray-Ban, Revo, Killer to participate as one of 12 inter­ full potential. Loop, Arnette, SunCloud, and Liz national candidates for the Claiborne sunglasses to their Leadership Fellowship Program of largest corporate customer. the International Women's Forum, Sunglass Hut. She recently which is designed to prepare women developed and launched two new for the top echelons of leadership in business concepts for B&L that industry, government, the arts, show tremendous potential for the science, academia, and the company's future growth. professions. She was among the 12- "Most exciting," she says, 15 Fellows from around the world "has been my opportunity to accepted annually into the program negotiate and launch a prescription

Krannert Portfolio 7 Spring l')9H ENTERPRISE INTEGRATION SOFTWARE IS FAST

BECOMING THE STANDARD FOR MODERN

BUSINESS. KRANNERT IS ANTICIPATING THE

DEMAND FOR PROFESSIONALS VERSED IN

SUCH SOFTWARE AND ITS ROLE IN

MANAGEMENT.

illennium

in a hierarchical planning process In the Computer Lab fit together and how this process Iyer and Prof. James Ward, differs based on the type of operations management, both manufacturer," says Prof. Ananth teach Operations Management II Iyer, operations management. "In (MGMT 664), a course in which by Kimberly Loftus "* ' TTrannert is using new tools addition, students see how the R/3 is used to demonstrate the / to provide future executives manufacturing planning aspects of concept of aggregate planning and % with a comprehensive, R/3 work and the importance of sales and operations planning. % real-world approach to configuring R/3 to match the "The software is used to illustrate « b JL business and a competi­ business process," he says. the role of bill of materials in tive edge in the job market. "SAP's R/3 software is also used materials requirements planning, Students in several Krannert in the area of supply chain the impact of make-to-stock vs. management courses have begun management — managing all of make-to-order, and the process of using new enterprise integration the steps from procurement of the aggregate planning," Ward says. software called R/3, a suite of raw material through distribution Ward, the 1996 AlliedSignal business functions that manage of the finished product," Iyer says. Excellence in Teaching Award operations and information across "It enables information exchange recipient, also teaches Manufactur­ a business. R/3 was created by SAP regarding current selling ing Practice and Models (MGMT America, Inc. conditions across firms, thereby 669) and Advance Manufacturing Information on accounting, permitting increased efficiencies Planning and Control Systems finance, manufacturing, logistics, and lower costs. I plan on (MGMT 464). Students in these and human resources all flow introducing these issues in the courses receive hands-on through the software, allowing Logistics elective (MGMT 561) in experience entering information students to team about the fall 1998." into the manufacturing planning integrated nature of a business The addition of R/3 training is system. "We focus on how SAP enterprise. Companies including a benefit to students in Krannert's facilitates a planning process that AlliedSignal, Eli Lilly, General production operations manage­ starts with sales and operations Motors, Hewlett-Packard, IBM, ment program, which is consis­ planning, then production and Procter & Gamble use R/3, tently regarded as among the best planning, then master scheduling," so graduates who understand in the nation. U.S. News & World he says. "We examine the different the software have an edge in the Report ranked the program fifth in ways R/3 is configured depending job market. the country in its 1998 "America's on whether the manufacturer is "The software gives students a Best Graduate Schools" issue. make-to-stock, make-to-order, better understanding of how steps assemble-to-order, etc."

Krannert Portfolio 8 Spring 19)8 Krannert's interest in R/3 Commenting on the explosive information across the enterprise. 35 HP Vectra computers, and other doesn't end in the classroom. "The growth of R/3 in the marketplace, As a result, company employees can related equipment funded by a operations group also has been in Buehler says, "By configuring R/3, more efficiently work together as a $141,000 grant from Hewlett- contact with consulting firms such companies are able to tailor a base team rather than individuals in Packard. Krannert also received a as Deloitte & Touche, Ernst & R/3 system to satisfy business separate departments." $75,000 research grant from SAP Young, and Andersen Consulting, requirements unique to their specific Regarding the value of having America (see story below). as well as firms such as Great Lakes company or industry sector The vast SAP R/3 training as part of the Chemical, to understand the role number of configuration options Krannert curriculum, Buehler adds, of enterprise integration software allows implementations in a wide "Knowledge of SAP R/3 will provide in industry," Ward says. "We plan range of industry sectors including, Krannert students with a hands-on on expanding our use of these but not limited to, consumer experience in learning how contacts by having speakers in products, chemicals, electronics, departments within a company class to highlight industry use of industrial products, communica­ work together to execute integrated R/3 and the realized efficiencies." tions, and media services. The vast business processes. Understanding range of configuration options the flow and execution of these Alumni Involvement supporting many industry-specific integrated business processes is Many Purdue and Krannert alumni functional requirements is one of vital for configuring the system are involved in the planning and the driving forces behind SAP's and resolving complex issues that execution of SAP's R/3 implemen­ explosive growth." arise during the design phase and tations. Robert Buehler, a manager In addition, Buehler says, after the R/3 system is operational. with the Andersen Consulting "the broad functionality in the suite With R/3 training, Krannert Enterprise Business Solutions of R/3 applications supports the use graduates will be well-positioned practice, has worked closely with of integrated business processes. to take an active role in R/3 several companies during software Common examples of these implementations." selection, assessment and planning, integrated business processes include Krannert's Enterprise design, and rollout phases of an 'purchase requisition to vendor Integration Laboratory helps make R/3 implementation. Buehler, BSIE payment' or 'sales order creation it possible for management '91, continues to see significant to booking cash in accounts students to learn R/3. Krannert demand for managers with R/3 receivable.' Using these integrated is one of less than a half dozen experience. "To be successful in business processes enables schools in the country with such a delivering the full benefits of an companies to better share lab, which houses an HP server, R/3 system, implementation teams require a broad cross-section of KRANNERT PROFESSORS AWARDED GRANT resources with skills in business process, technology, and change Two Krannert faculty members of vast economic data sets. is used in business and information management management. As companies pursue received a $75,000 research With this virtual world, users — grant from SAP America, Inc., including companies trying to coursework to help schools aggressive rapid implementation in January. The grant will allow decide where to invest teach the practical side of schedules, managers with R/3 professors Alok Chaturvedi, resources in the areas that will business in conjunction with experience will continue to be in MIS, and Gordon Wright, Basil yield the greatest return — can the theoretical side. Sydney Turner Professor of perform analyses; test hypoth­ In addition to the R/3 strong demand." Economics and Management, eses; specify feasible space; software, SAP provides instal­ to use SAP's R/3 software to trade off between technology, lation and technical support, develop a Web-based, 3-D performance, reliability, and assistance in curriculum visualization technology for the costs; and more. development, and R/3 user presentation of complex, SAP's University Alliance training and instructional abstract mathematical models Research Grant Program matenals for faculty and staff. provides schools with additional "We hope that by making From left: Dean Dennis J. Weidenaar; Assistant Dean for support for teaching about R/3 available to the academic Administration Logan Jordan; integrated business processes, community and by helping to Dean's Advisory Council member an approach that is quickly fund and support its imple­ Susan Butler, BSIM '65, office mentation into new curricula, managing partner, Andersen becoming the standard among Consulting; Jeremy Coote, companies worldwide. The we will be providing students president, SAP America, Inc.; and grants will help further develop with a critical link to their Prof Alok R. Chatun/edi, MIS, the SAP R/3 solution, software understanding of real-life celebrate the $75,000 research grant from SAP America, Inc. applications based on best business practices," says SAP business practices that integrate America CEO Paul Wahi. "We a company's functions. applaud our first grant winners Through corporate and and the outstanding work they Innovative partnerships, R/3 submitted."

Krannert Portfolio 9 Spring 1^98 .STIIDFNT STUDENT NEWS

Undergradua Internship lYIore than 30 companies Fair attended the annual Undergraduate Internship Fair — the biggest job offer Students can gain credit Many of the company Ford Motor Company "We talked to participation to date. The fair, for internships and are usually representatives who regularly about 200 students at the fair The which was held on February 23, compensated for their work. attend the Undergraduate students we select can expect to gave management students and For corporations, internships Internship Fair already know the gain experience in the areas of corporate representatives the provide employers a preview of a value of a Purdue management product development, marketing chance to discuss internship student's abilities, before deciding degree — many of these and sales, manufacturing, and programs and career opportunities. whether or not to offer a pennanent representatives are alumni. credit," Ascher says. The fair is sponsored by the School position. Karen Harris, BSIM '92, a Kimberly Ascher, BS (ACCT) '94, of Management Council, and is project leader in the Systems MSM '95, is a financial analyst with organized and run by students. Consulting Group at Crowe Chizek, Internship programs benefit says her company seeks "students PARTICIPATING both students and corporations. with an outgoing personality who COI¥1|9al1IGS Internships help students prepare have demonstrated their ability to Abbott Laboratories IBM for business success by placing learn and work hard during their American Express Kimball International them, either during the summer or time at Purdue." Amoco Kimberly Clark Andersen Consulting Kohl's a semester, in a real-world The Associates Kroger work environment. Being Bimba Manufactunng Northwestern Mutual Life active in a professional setting Boise Cascade Nonwest Financial Central Soya helps students gain valuable Novus Services CMG Worldwide Office Depot Insights into various careers, Crowe Chizek Owens-Illinois which enables them to make Deloitte & Touche Sears infomied decisions about Enterprise Rent-A-Car Six Flags Great America Ernst & Young State Farm Insurance their own goals. The Ford Motor Company Walgreens internship often results in a General Mills Wells Fargo Guardian Automotive Products

Krannert Portfolio 10 Spring I'm ,^j

There is far more to Beehn's Quality Krannert experience than academics. As Time at Krannertth e current Jeremy Beehn, MSM, is on the fast exciting to me," Beehn says. "At president of Krannert Ambassadors, track at Krannert. Beehn is enrolled Krannert I knew I could count on Beehn works with other students to in the 3+2 Program, which enables small school attention while promote the School of Management him to complete both his BS degree enjoying big school benefits." and the University to high school (accounting) and MSM (finance) Management undergraduates students. He also is the treasurer of in just five years. In fact, Beehn was must have a GPA of 3.7/4.0 to be Mortar Board, a national service already deep into the graduate considered for the 3+2 Program. organization. Since his freshman program when he completed his They apply to graduate school their year, Beehn has worked at the final accounting requirements and junior year and, if successful, start Management Advising Office; he Beehn is the first person in his earned his BS degree in December graduate courses their senior year is particularly appreciative of the immediate family to receive a 1997. He'll graduate with his MSM Usually one or two students enter guidance shown him by Barbara college degree, which made his in May 1998. the program annually. Doster, director of undergraduate selection as the student respondent "My undergraduate years "The 3+2 Program is proving management programs. at last December's commencement showed me how strong the quality very effective in helping me build Beehn entered Purdue as a a special honor. of education is at Krannert, which knowledge — from textbooks to Krannert Alumni Scholar He made it easy for me to want to stay case studies. Now I'm ready to go also was named an H. H. Gregg on for my master's. The opportu­ out and be a financial analyst," Scholar and an outstanding nity to finish in five years was really Beehn says. undergraduate senior

School of Management CounciLettel r from Dear Management Alumni, President As the newly elected president of the feedback regarding the fair and other students and exchange books planned for a weekend in spring School of Management Council, I one company even commented, for either money or another book. 1999- We are hoping to receive would briefly like to acquaint you "This is the best job fair that we've The Scholarship and Fund- some assistance from the with the activities SMC participates ever attended." Raising committee is planning to Undergraduate Management in and the ways in which we The Management Handbook sell Black and Gold cards once Student leadership Development contribute to the entire student committee is currently working on again. These discount cards can be Fund to help us with the financial body of the School of an updated handbook for next year. used throughout the year at various aspects of the conference. Management. At this For those of you unfamiliar with businesses on campus. The money I would like to take this lime 1 would like to the handbook, it is a binder that is that we raise is contributed to the opportunity to personally thank inform you about given to all incoming freshmen in Barbara G. Doster Positive Attitude those companies and Individuals the different SMC the School of Management. It Award, which is a scholarship who support the efforts of students committees and the contains information such as given each year SMC started this in our quest for superior leadership services they provide. where to go for help, how to plan scholarship in 1990 and it is now skills and professional development This semester's schedules of study and how to set endowed. Continuous contributions experiences. annual internship fair up e-mail accounts. For this year, will be greatly appreciated so that was a bigger success than any of the committee intends to add a we may continue to increase the Sincerely, the previous years. We attracted section on economics and update number of recipients with each more than 30 highly prestigious the computer section. passing yean companies that shared in our The big events for community Last but certainly not least, the Brandyn Engelmann, excitement regarding the great affairs are volunteering for Junior Leadership Forum committee BS (ACCT) '99 opportunities available for both the Achievement and organizing a recently was created and will President, School of Management students and the employers. We Book Swap. The Book Swap is an organize the first annual corporate Council received nothing but positive opportunity for students to contact leadership conference, tentatively Chairperson of President's Council

Krannert Portfolio 11 Spring 1998 ws

preparation," says another judge, John Blignaut, MSIA '92, from CB Commercial. "Krannert grads are unsurpassed in what they can do." I Th an ks are extended to *|T'^ . the following alumni who IViai r iCe •.• il§ participated as judges: Fall — Qonfip^fitions KENEDWARDSSON (MSM '94, Dow Klanco), CATHY FINLEY I wo case competitions, held in the Prof. Mark Moriarty, marketing, leave here knowing that I have the (MSM '91, Procter & Gamble), AMY fall and spring semesters, were says that the event showcases skills to tackle even the most GRAVES (MSM '94, Ernst & Young), organized by the Krannert Graduate students to potential employers. complex problems." LIZ KEENE (BSEE '92,3M), and Marketing Association (KGMA) for Students agree that the Steve Laughlin, MSM '92, senior BOB LYONS (MSM '79, Motorola); first-year students. The competitions competitions are a valuable consultant IBM Consulting and a Spring—JOHN BLIGNAUT (MSIA were part of the Master's Forum learning experience. "learning to judge in the spring competition, '92, CB Commercial), DAVE Days Program. field tough questions from senior remarks upon the high level of the KiMBEIl (MSM'96, Procters Each of the four sections of managers is why I'm at Krannert. student presentations: "A Krannert Gamble), and STEVE LAUGHLIN students in the marketing I'll leave here confident that I can education produces doers — (MSM'92, IBM Consulting), management courses MGMT 620 compete with anyone," says Angle results-oriented managers. The The case competitions were and MGMT 621 entered a team of Nobile, MSIA. Andy Greta, MSM, presentations I saw are strong made possible through special six students. Judges from industry says: "Our case was tough — we evidence that this is just as true funding for Excellence in Marketing announced the winners at an had to develop strategies and today as when I was a student." from DuPONT, the PROCTER & awards banquet. implementation plans for a new "I was truly impressed by the GAMBLE FUND, and LOULSVILLE GAS "The case competition enhances technology product for three level of preparation and thorough­ & ELECTRIC. what we're doing in the classroom continents, each at different stages ness of the analysis, especially and helps to differentiate our of market development — I'll considering the short time for programs from those at other schools," says Prof. Douglas Bowman, marketing. A semester at the Universidad All credits earned by Baker and de Sevilla, Spain, taught Stewart transferred to Purdue. management students Kate Baker and Stewart appreci­ Baker, BSM, and Jill Stewart, ated the opportunity to gain BSM, about international insights into business practices business and so much more. in Spain and to explore a range "I went to of economic issues pertinent to Spanish Spain to add the European Union. They both value to my minor are now eager to work for Interlude in international Amencan companies overseas. business," Baker says. "I The two students, who certainly gained new business graduate this May, also cannot knowledge as well as greatly emphasize enough the wealth of improved Spanish language education they received outside A semester studying in Spain skills and an appreciation for the classroom. has inspired Kate Baker (left) another culture." "I had an incredible time," and Jill Stewart to work toward Baker and Stewart says. "I met the most international business careers. Stewart were amazing people from around the two of about 25 world. In just six months I made with my host family than in all management friendships that will last a of my classes combined," students from lifetime. I also became a more Stewart says. American universi­ independent person because of Each year, nearly 250 ties enrolled in the the freedom and opportunities Purdue students study abroad. liijM**''*" spring 1997 study the Spanish culture offered." From fall 1996 through abroad program. Both Baker and Stewart summer 1997, 25 of those The courses, which chose to live with host families students were enrolled in the were in Spanish, in Sevilla, an experience they School of Management. were taught by highly recommend for meaning­ Purdue's study abroad office faculty of the ful cultural exchange. "I learned offers programs in 38 business school. more about the Spanish countries. language and culture by living

Krannert I'ortfolio 12 Spring l'/)H w s

accounting major weekend helps prospective students (seestorwpage 5). gain familiarity with the School Canady says that and Purdue," Canady says. Minority ^1^ .^^ the big event for For more information about OOHTGITGIICG ^^^^ *" ^^^ the^^^^ SMM^ Career Conference, semester is the high school contact Prof Cornell Bell tvery fall, the Society of Minority The career conference is SMM's weekend when minority students director of minority programs Managers (SMM) hosts a career main event for the fall semester already admitted to the School of (see inside back cover). conference that brings together Ruby Crozier, a senior in industrial Management visit campus. "The minority students and corporate management, was the 1997 representatives. The conference, conference chair "The conference PARTICIPATING COMPANIES which has been held for 26 years, is a great opportunitv' for students enables management students to to become familiar with this kind Abbott Laboratories AlliedSignal gain insight into various careers of event," Crozier says. "It is also a Ameritech — Network Services and to make meaningful contacts valuable learning experience for all Andersen Consulting with corporate recruiters. Students of us who helped organize it." ARAMARK who attend the conference may be Armstrong World Industries According to Crozier, the Arthur Andersen in pursuit of a job, or they may be conference is most heavily attended Bnstol-Myers Squibb just starting the thought process by freshmen looking for internships Garner Caterpillar that goes into choosing a career and seniors looking for permanent Danka Office Imaging The corporate representatives, job opportunities. Deico Electronics many of whom are Krannert SMM also organizes workshops Ernst & Young graduates, are ready to promote that prepare students for the Ethicon Endo-Surgery First Chicago NBD their firm or provide advice, conference. These include resume Ford Motor Company depending on the student's and professional technique Ford Motor Company — situation and goals. workshops, and Krannert alumni Product Development GE Capital are encouraged to offer their GTE Service Purdue University expertise. A social is held the Hewlett-Packard Radio Shack night before the conference INROADS R. R. Donnelley & Sons Intel so that students and State Farm Insurance Kroger TRW recruiters can get acquainted National City Union Carbide in an informal setting. Philip Morns USA W. H. Brady Procter & Gamble Westvaco Envelope Division Annual membership of SMM is approximately 50 students, says Jayson Canady, current SMM president and

Kranneri Portfolio 13 Spring I'm STI

THE EDUCATIONAL PARTNERSHIP BETWEEN KRANNERT MASTER'S

STUDENTS AND JURGEN GROSSMANN, MSIA '74, CONTINUES TO GROW

THROUGH THE INTERNATIONAL MULTIDISCIPLINARY MANAGEMENT

PROJECT (IMMP) COURSE. THE IMMP COURSE GIVES STUDENTS THE

^ince the launch of the OPPORTUNITY TO ACT AS CONSULTANTS TO AN INTERNATIONAL International Multidisciplinary BUSINESS. Management Project (IMMP) course in fall 1996, students have "This project is a good way to Georgsmarienhiitte assumed the been consultants for the German get useful data," Grossmann says. debt responsibilities as well as specialty steel manufacturer Rajesh Krishnamurthy, MSM, "People in corporations sometimes the responsibility of maintaining Georgsmarienhijtte GmbH, of presents research findings to forget the range of information employment levels at the time alumnus Jurgen Grossmann, which Grossmann is chief executive MSIA '74, and Krannert faculty available. Also, it is away for me to of acquisition." officer and owner and classmates. give something back to Krannert. First the students visited a Grossmann, who is a member When I was a student, I learned forging plant south of Berlin. The center, but they foundThe visit of the Krannert Dean's Advisory about strategic management from plant forges steel for a range of educational. 'It was very important Council, suggested such a project Dan Schendel." Prof. Schendel is products such as crankshafts for because both the forging plant and so that Krannert students would the faculty advisor of IMMP and engines, railroad parts, and the next company we visited use a have more international exposure. Shailendra Mehta, director of the turbines. It boasts one of the biggest steel service center so we needed to Being a firm believer in the value of Krannert Entrepreneurship forging hammeni in the world; it understand that role," Schlehuber a Krannert education, Grossmann Initiative, administers the details of has a force of 630kNm per second. says. "But the service center will also knew his company would the course. "The executives at the plant benefit from our research because benefit from having a team of -*«s=The 12 students involved in asked us to help them build a the infonnation we gathered will master's students as consultants. last year's project researched and customer base in the United States allow them to benchmark Students and give them an understanding of themselves against a typical ^^1 gg WW% IUBBC^ t^he demand for products made at American service center." -/ the forge," says Ian Upton, MSM. After the service center, the Expand —^ H _^ After returning to students traveled to a tool steel ^^|fOi©Ct Krannert from manufacturer located north of Germany, one team of students in Dresden. The manufacturer makes analyzed IMMP focused on answering this hundreds of grades of specialty Grossmann's request. Through interviews and steels. Before Germany's unifica­ business in Internet research, the team assessed tion, the plant had about 5,000 relation to the the forging potential of U.S. steel employees; now there are U.S. steel companies. "We identified eight approximately 600. market. This comparable companies and studied "Social issues arising from year, l6 students the supply and demand sides of the change from communism to went to what they do," Schlehuber says. capitalism are a challenge in Germany to After the forge, the Krannert these workplaces," Upton says. cissess the group toured a steel service center, "They are facing problems in market needs of also near Berlin. "A steel service making themselves profitable, and steel companies center is a buffer between producer in order to do that they need to find Jurgen Grossmann, MSIA '74 (at left) recently acquired by Grossmann. and customer," Upton says. "It new distribution pathways and "We made four trips in eight buys the forged steel and then fills new customers." days to former East German orders and makes deliveries. It also The scope of this phase of the companies," says Michael might provide some value-added project for the Krannert students Schlehuber, MSM. "The companies processes such as chemical treating was to answer if and how the were acquired at a low cost due to or rough machining." German manufacturer could enter state support to sell them since they The students were not expected the U.S. tool steel market. To assess had negative earning power. to act as consultants for the service what American companies were

Kranneri Portfolio 14 Spring 1998 ws

I he Big Ten Case Competition was "Starbucks' competitive an excellent opportunity to sharpen advantage has been to attract and our presentation skills and keep good employees through analytical abilities," says Carlo benefits that aren't available at Porreca, MSM, a member of the other retail companies," Campbell Krannert team participating says. "These benefits have created a ^1^ - - ^-^--^ in the annual competition, motivated workforce where Co HI pGt it I o n ^^^^^ ^^ ^^'^employee ^^ s have a stake in the company and are enthusiastic The Ohio State University. The about providing superior customer buying, the Krannert team competition was sponsored by service. Krannert's response was to considered thousands of steel Andersen Consulting and Ohio establish a program dedicated to service centers before selecting State's Fisher College of Business. adopting the Starbucks culture in a few from which to gather "It was also good practice for the Japanese environment. specific information. addressing business issues in a Krannert also proposed a major "The goal is to give the 'virtual team' situation — one in marketing blitz, starting in Tokyo." company suggestions about what which the team members, who have they need to do to become never worked together before, need The team made its presentation competitive in the U.S. market," to solve a problem in a short period to a panel of judges from various Upton says. "In Germany there is of time, under pressure, and deliver corporations. The presentation excess capacity in steel manufactur­ a quality product," Porreca says. itself proved to be an educational ing, so that is why it is such a good Porreca and master's classmates experience. "During the presenta­ time to enter a new market." Cynthia Campbell, Richard Pompa, tion, our team was challenged by Later in the spring semester, the and Chad Ramage had less than 24 the judges to create and define students gave a presentation of hours to offer a solution to a case measures beyond the boundaries of their preliminary findings to that featured Starbucks our coursework," Ramage says. Grossmann and his colleagues Coqwration's strategy of entering "Our team learned a lot about Peter Blumbach and Heiko the Japanese market. "Starbucks making a presentation in a Weidmann, MSIA '96, when they had already established a boardroom setting," Pompa says. visited Krannert. The students partnership with a Japanese firm "The questions from the board were outlined some of the ways in which and was trying to decipher the best very intense." Georgsmarienhiitte and its method for bringing the Starbucks The Krannert teammates agree subsidiaries can work toward style of coffee service to Japan that the competition was a great developing a customer b;ise and without compromising their opportunity to meet fellow graduate building business relationships in organizational strengths," students, to hear different solutions the United States. Campbell says. to the Starbucks case, and to observe other presentations. "I think this course is invaluable for someone going into "The competition draws the consulting. It's phenomenal to put best students from the Big Ten on a resume," Upton says. schools," says Logan Jordan, assistant dean of administration Prof. Schendel agrees that and advisor to the team. "The students learn a great deal from the Krannert team members repre­ course. "IMMP offers a practical sented the School well, and their and also a unique experience," he ideas were very creative and well says. "Everything from the travel to received." the interaction with managers in helping solve real problems proves educational. Jurgen Grossmann is The Krannert team at the 1998 to be commended for his support of Big Ten MBA Case Competition (left to right): Richard Pompa, the Krannert School's internation­ MSM; Chad Ramage, MSM; alization efforts." Logan Jordan, assistant dean of administration; Cynthia Campbell, MSM; and Carlo Porreca, MSM.

Krannert Portfolio IB Spring 1998 STUD

Graduate Teaching Assistant Management Volunteer for MGMT 243: Contemporary Program Problems in Management As a member of the Management In this position, I serve as a tutor, Volunteer Program, I have LOUIS WILLIAMS, MSM, FINANCE, IS THE 1998 RECIPIENT OF counselor, and mentor for volunteered for several projects that undergraduate minority students in have benefited the Lafayette/West THE '82-'83 GRADUATE AWARD FOR LEADERSHIP THE AWARD the course. This position has been Lafayette community. I participated RECOGNIZES WILLIAMS' ACADEMIC AND EXTRACURRICULAR very rewarding because I can give in the Krannert Food Drive, these students firsthand advice on LEADERSHIP SKILLS. THE AWARD IS SUPPORTED BY MSIA '82, MSM collecting food items for under­ how to be successful at Purdue and privileged families, and I also '83, AND MSIR '83 CLASS MEMBERS. MAHHEW MOHR, MSM '83, in their respective careers. I will volunteered for the Martin Luther

CREATED THE AWARD WITH HIS CLASSMATES, INCLUDING MIKE continue in this position during my King Day Volunteer Program. I will second year. continue to volunteer for projects as BEHNKE, FRANK BUTTITTA, DITHA WIERSEMA, AND OTHERS. WILLIAMS they become available and hope to Class Representative HERE DESCRIBES HIS INVOLVEMENT IN KRANNERT ACTIVITIES. become involved in the solicitation for MGMT 600: Financial and organization of these special Accounting projects in the future. The impor­ As class representative, I met with Profile tance of serving the community the professor to discuss was instilled in me at a very early _ . Award-Winning student concerns and age by my dad, who is the director recommendations for improving Student Leader of a community recreation center the class. I have an accounting Krannert Society of background, which was very Krannert Consulting Club Black Managers beneficial for this position. Many of The club encourages students to As vice president of administrative the students in this course did not become involved in consulting affairs for the Krannert Society of have accounting backgrounds and projects for small businesses in the Black Managers, my duties include I could tell from the pace of the Lafayette area. I am currently the accurate recording and class that some students had working on a project team that is dissemination of general body and problems with class assignments. developing a marketing plan and executive board meeting minutes, I was able to communicate these strategy for SpectraCode Inc., a preparing the agenda for meetings, concerns to the professor while small scientific instrument and chairing the publicity understanding his teaching manufacturer In this project, I committee. As the only first-year philosophy. This position gave me hope to utilize my accounting and member on the executive board, an opportunity to become a leader financial analysis skills and learn I also act as a liaison working to chronological medley of African- for students in the class and was a more about the actual implementa­ foster a closer relationship between American contributions to society, very rewarding experience. tion of a marketing plan. I plan to the first- and second-year classes. I chose to run for vice president of share my experience with my The publicity committee of the administrative affairs so that I '82-'83 GRADUATE AWARD classmates and to encourage them Krannert Societv' of Black Managers FOR LEADERSHIP could have an immediate impact to become involved in club projects. publicizes social information to the on the direction of the organiza­ RECIPIENTS Krannert student body, but more tion. Additionally 1 aspire to 1994 Michelle Buckner importantly, we communicate become the president in the near MSM '95 potential employment and future because I feel that minority 1995 Andrew Graham MSM '96 scholarship opportunities to students at Krannert need solid members of the organization. leadership and a sense of belonging Cheng Yuan Gu MSM '96 at the School. I feel that under my I was very involved in 1996 April Hicks organizing the Black History leadership, the Krannert Society of MSHRM '97 Program that was held on February Black Managers will continue to 1997 Stephanie Craft 11. This program was designed to fulfill both of these needs for MSM '98 enrich Krannert by portraying a current and future students.

Kranneri Portfolio 16 .Spring ms STUD E WS

To assist a local chapter of thousands of dollars that would Impact Habitat for Humanity, 28 otherwise have been paid to a students can participate in and volunteers sorted brick, metal landscaping company become familiar with this outlook," scraps, wood, and rubble at a • Eleven volunteers collected 13 she says. newly demolished home. bags of litter from Krannert's "MVP is an important part of Teamwork plus shovels, two-mile stretch of adopted Krannert because it helps us see the wheelbarrows, chain saws, and highway positive impact we can have in buckets helped organize the • At the YWCA's Women's Shelter, Lafayette," says co-president Chris debris into recycle or discard three students cleaned the facility Steele, MSM. "Hopefully being piles. By completing this phase and did basic maintenance. iVrannert students involved in the active in MVP will lead to a life of of the demolition, MVP • Other volunteers offered free Management Volunteer Program involvement in the communities we volunteers saved Habitat for baby-sitting or visited the Soup (MVP) have a positive impact on move to after graduation." Humanity approximately $5,000 Kitchen. the Greater Lafayette community. The biggest activity in 1997 for that can now be used toward The hard-working Krannert During the past year, MVP MVP wiis Make a Difference Day, building a new home for a needy students won their third award in volunteers served at the Soup the nationwide volunteer day that family within the community three years in the national MBAs Kitchen, helped set up the Feast of took place on Oct. 25. Eighteen Krannert volunteers Make a Difference Day competition the Hunters' Moon and the Sixty-three Krannert master's planted 55 trees purchased by for leadership in promoting service Lafayette Jazz Festival, and volunteers participated in six the West Lafayette Environmen­ to the community'. MVP also performed a variety of activities different activities. tal Commission, saving received the 1998 Dean Betty Nelson with Habitat for Humanity and Service Award from Purdue. MASTER'S STUDENT LEADERSHIP Lafayette Head Start. "Students gain a great deal by DEVELOPMENT FUND MVP co-president Rose Kelly, interacting with people they Chemicals; Anchor Advanced Generous investments from otherwise would not have had the MSM, says that volunteerism is a companies, foundations, and Products through Francis feature of today's corporate culture. individuals have resulted in Olmstead, MSIA '62; U.S. opportunity to meet while at "Many corporations pay a lot of this fund, which supports Bank; Ford Motor Company Krannert. From the kids of Head Krannert students' community Fund; General Mills Foundation; attention to people who like to give Start, to the adults at the Soup outreach and leadership LG&E Energy Foundation; something back to their commu­ development efforts. Investors James E. Perrella, MSIA '61, Kitchen, everv'one always leaves nity. MVP is a way Krannert include: Abbott Laboratories HDR '94; and Thomson M\'P activities with a new Fund; Air Products and Consumer Electronics. perspective," Steele says.

|9f||~Stuclents Receive Teaching Honors

Vidyanand "VC" Choudhary, 4.00 or better in overall teaching methods, has been selected for training at a PhD student in management quality and were rated as better inclusion in the fifth edition of Krannert is infonnation systems, is the first than satisfactor}' in virtually all Wljo's Wljo Among American outstanding." doctoral student to receive a other dimensions of teaching. Teachers, 1998. At Krannert, distinguished teacher award. The VC taught the course MGMT Nominations for the Who's Robert Yeh Yeh taught honor also was given 544, Database Management Who are accepted only from high management science and business to 15 Krannert Systems. "My approach is to teach school and college students who statistics courses. faculty and lecturers material that is useful to the have been cited for academic Yeh has accepted the position for MS programs students and in demand in the excellence in Who's Who Among of assistant professor at the State taught in Module market, to present material ver\' American High School Students or University New York (SUNY) 1\vo, 1997-1998. clearly, and to provide lots of Ihe National Dean's List. Institute of Technology in Utica, The award hands-on experience to build "I would like to share this honor New York. He begins teaching there winners were rated students' confidence," VC says. with my academic advisor Prof. this fall. Shih Yung "Robert" Yeh, a Robert Plante," Yeh says. "I also doctoral student in quantitative want to say that the academic Vidyanand Choudhary

Krannert Portfolio 17 .Spring 1998 A L FILE

EVERY THREE

SOMEWHERE AROUND THE

GLOBE, A PRAH If you've ever flown in a plane or & WHITNEY won the ridden in an elevator, you've probably been touched by the POWERED work of Karl J. Krapek, MSIA 12 A AIRCRAR TAKES OFF OR LANDS. ^Mnavef executive vice president of UnitaBl Technologies Corporation {VTQ* ALMOST AS FREQUENTLY, KARL J. floor space and a 25 percent drop in and more than 30,000 employees UTC board of directors member, manufacturing spending. takes a decade," Krapek says. KRAPEK, MSIA '72, ENCOUR­ and president of Pratt & W hilney. Krapek galvanized the One way he's capitalized on Krapek helps you go places — AGES PRATT TO REDUCE workforce with a companywide Pratt's illustrious aviation history faster, farther, and more efficiently quality initiative. Achieving and company pride was to spend COST AND LAND VALUE FOR than ever. And he's done the Competitive Excellence (ACE). The $4 million to sponsor pilot Linda same for the UTC enterprises ITS CUSTOMERS. company has reached 3.4 sigma Finch's recreation of Amelia he's commanded. quality — less than 500 defects per Earhart's flight. The event profiled A former General Motors million opportunities — with a on the Internet, was an instant hit manager in manufacturing Our volume fell 50 percent because long-term goal of six sigma quality with employees, and school operations, Krapek began his UTC commercial air and defense The culture change was often children around the world studied career in 1982 as vice president, spending both went down. We had painful, but was necessary to math, science, and geography operations, for Otis Elevator to do something," Krapek says. ensure the health of the enterprise. while following Finch's journey Company and eventually became UTC CEO George David (see And additional benefits have After examining Krapek's own president. In PorMio Fall/Winter 1997, page included employee gain-sharing career journey one realizes his 1990, he 2) and several other key UTC and educational incentives. "We drive and energy mirror the became managers began continuous can't guarantee jobs any longer," characteristics inspired by chairman, improvement efforts, but the size Krapek says, "but we can help you Krannert. "Krannert attracts people president, and of the operation and resistance to prepare for your future by with a work ethic. It puts them chief executive change wiped out improvements encouraging you to learn through challenging times, which officer of as fast as they occurred. marketable skills." For UTC students may complain about. Carrier In Krapek responded with a global employees enrolled in college Ten years later, though, they're 1992, he strategy that would lead the curricula at accredited colleges, the thinking, 'Thank goodness I went accepted his company to success in the 21st company pays for all books, fees, through that,'" he says. century. He envisions Pratt as a full and tuition. Degree-earning Krapek, who received an product line, full service engine graduates receive 100 shares of UTC honorary doctorate degree from lirapek supplier and low cost producer stock (valued at over $9,700 in Krannert in May, says the challenge current role as president of Pratt & The company has moved decisively April 1998). for the School is to continue to Whitney, the world's leading to put that strategy in place. In 1997, Pratt had revenues of acknowledge that the world is designer, developer and manufac­ In the past three months alone, $7.4 billion and $816 million in smaller "Within a decade, half of turer of gas turbine aircraft Pratt launched $1 billion worth of operating profits. Still, Krapek says, UTC's revenues will come from engines. Those in the industry say new commercial engine develop­ "With a predicted 13 percent return Asia. As value is added in other his progression signals an orderly ment programs, including a on sales in 1998, people want to countries, business schools have to succession in UTC leadership. revolutionary geared turbofan for relax. Our costs are too high. change. I think Krannert is doing a When Krapek first joined Pratt narrow body aircraft. Eagle Service, Taking cost out of the business is a good job, but we all can do better." & Whitney in 1992, what Pratt's maintenance, repair, and never-ending challenge." With its Speaking to fellow alumni he historically had been UTC's largest overhaul business, embarked on an own processes streamlined, the says, "I think we can talk up our and most profitable operating unit ambitious growth program to take company continues to work on vSchool and encourage young was a 1940s company facing a new it from $600 million in revenue to taking cost out of the supply chain people to go there. We need to raise millennium. "It was apparent that $2 billion in 2003. I>ean manufac­ and establishing profitable our intake quality and rate so we we had huge overcapacity We made turing techniques and 500 kaizen partnerships. "The culture change can get the School ranked in the 50,000 engines a year in WWII, but events in the last five years have led in a company with a great history top 10, where it belongs!" were down to 2,000 a year then. to a 40 percent reduction in shop

Kranneri I'ortfolio 18 Spring 1998 Winning the 1997 LEAD Award Recognition goes to one university part of the University's (Leadership and Excellence in the and one industry leader (IBM won multidisciplinary manufac­ Application and Development of in 1997) whose products or turing program. CMME has Integrated Manufacturing) attests processes demonstrate excellence in played an important role in to Purdue's position at the fore­ computer-integrated manufactur­ Krannert's recognition as a front of manufacturing education ing. The university criteria include premier operations school by and research. development of an operational increasing the number of "I believe Purdue received this curriculum with research and manufacturing course award because of the cooperative laboratory facilities that support the offerings and defining relationship of the schools involved manufacturing enterprise. manufacturing options at the From left: Bradley Harriger, professor of mechanical engineering technology; — Management, Engineering, Purdue offers nearly 100 undergraduate and graduate levels. Tom Brady, executive director of CMME; CMME's extensive partnerships with Warren Stevenson, assistant dean and Technology," Dean Dennis manufacturing-related courses of engineering; and James Solberg, Weidenaar says. "Each of these across 18 academic departments. industry facilitate shared expertise Ransburg Professor of Manufacturing schools is well known for its More than 3,000 students are as well as opportunities for students activities in manufacturing, but it enrolled, and about 80 faculty are to gain hands-on experience in Students for the marketplace, and is rare for an educational involved in manufacturing manufacturing processes. what we need to do to help solve institution to weave together each education and research. Facilities Tom Brady, executive director of manufacturing-related problems," area's contributions to contempo­ include about 70,000 square feet of CMME, offers three primary reasons Brady says. rary manufacturing processes." laboratory space and more than why Purdue was selected for the The combination of an The LEAD award is bestowed $50 million in equipment. 1997 LEAD Award. interdisciplinary' approach with annually on the basis of an Krannert's Center for the "The first reason is that Purdue real-world experience is a international competition by the Management of Manufacturing has a longstanding commitment to distinctive feature of manufactur­ Computer Automated Systems Enterprises (CMME) is an integral manufacturing; that commitment ing education at Purdue. Joint Association of the Society of goes all the way back to the projects enable management, Manufacturing Engineers. founding of the University engineering, and technology as a land-grant institution students to work in teams to solve LEADing in I869. Visitors to our manufacturing problems, many of MULTIDISCIPLINARY MANUFACTURING labs see that we have which are given to students by PROGRAM WINS AWARD equipment from various time industry' partners. Way periods — the range of old Management and engineering to ultra-modem shows that students collaborated on a project manufacturing education at last fall for Thomson Consumer Purdue has deep roots. Electronics. Engineering students "Secondly, you just need to look designed components for a at the scale of our efforts," Brady projection TV system, and Krannert continues. "The manufacturing master's students worked as options available to students are consultants on issues related to cost very expansive. And the numbers analysis and project management. say a lot; each year about 925 "Krannert students bring Purdue students graduate with a knowledge about time and cost manufacturing focus. issues to these teams," Brady says. "The third reason is our "When they've done their work, the relationship with industry. The companies assess the teams' schools of Management, Engineer­ proposed solutions. That level of From left: Dean Weidenaar; Don Gentry, dean of the School of ing, and Technology have dozens of attention explains why so many Technology; and Richard Schwartz, dean of the Schools of partnerships with manufacturing manufacturing fimis are interested Engineering, receive the LEAD hrms. Those firms let us know what in working with Purdue." Award from Janet Talbott, 1997 chairperson of the Computer Purdue needs to do to prepare Automated Systems Association

Kranneri Portfolio 19 .Spring 1998 s c ws

Kirby Goedde, a senior in for his "Military Information electrical engineering, won the top Systems Co." business plan. Flugel, prize of $4,000 for his business a military veteran, has designed a BURTON MORGAN, BSME '38, HDR '92, STARTED THE COMPETITION IN plan, "The Automated Locken" software program that maps hazard

1987 TO HELP STUDENTS DEVELOP AN APPRECIATION OF THE FREE- Goedde developed the locker to zones resulting from a chemical or help a disabled Lafayette student biological attack. MARKET SYSTEM AND THE ROLE OF THE ENTREPRENEUR IN A MARKET who had difficulty opening a Receiving the fourth-place ECONOMY THE COMPETITION IS OPEN TO ALL PURDUE STUDENTS. school locker The device uses a award of $500 was "HKN Communi­

MORGAN, PRESIDENT OF AN IDEA-DEVELOPMENT COMPANY, BASIC key-chain-sized transmitter and a cations." Krannert student Namrata special locking mechanism to Mundhra, MSHRM, joined electrical SEARCH, IS A CHAMPION OF THE ENTREPRENEURIAL SPIRIT. HE IS ALSO unlock a locker from as much as engineering graduate students A LONG-TIME FRIEND AND BENEFACTOR OF THE KRANNERT SCHOOL. 50 feet away Hasnain Lakdawala and Dhiraj Goedde, who installed the Kacker to create the "Telemeter." automated locker in Tecumseh The device, which attaches to a ^''^Burton D Middle School almost a year ago, telephone, will provide consumers |I/B^^1P;^J^^ l^has an order from the Lafayette with a running tab of their long­ _ • ^^B^^^pm^B • ViS^I ^^^^^ Coiporation for 30 more. distance telephone calls. IZlHl ^Spr ^SlI^^U • I^Sl "I'm definitely going to move The fifth-place award of $250 ^^Iff n^f If l^lf quickly to get my business went to Chun Ling Jimmy Choi, for " going now," he says. "This "Willie's Eclectic Cafe." A senior in project started with an idea to help economics, Choi and his brothers by Kale Walker "tCun, don't walk, to the patent someone. It wasn't until I started plan to open an international office" and "go national tomor­ working on the business plan for restaurant that serves "fusion row" was the advice from the the competition that I realized I cuisine," which blends ingredients judges to the winner of the 1998 might have the makings of a real and cooking techniques from Burton D. Morgan Entrepreneurial business." different cultures. A database will HELPING OTHERS Competition at Purdue University. The second prize of $2,000 was help Choi track the dining They were talking about a awarded to "CallControl," a caller preferences of his regular customers. PAYS OFF FOR STUDENT school locker for disabled students identification device for a computer Six business plans in the that was the big winner at the 11th modem. Neven Valey Krannert competition won awards of annual competition. Eleven teams doctoral student in economics, and $100 each. ENTREPRENEUR presented business and marketing Bozhidar Dimitrov, who is studying They were: plans along with product prototypes computer science, developed • "Brush Mate Disinfectant," a to a panel of judges during the software that intercepts incoming toothbrush cleanser, submitted by final round of competition on telephone calls and displays the Greg Glaub, a retail management February 28. Dean Dennis caller identification while the student; Joshua Ackerson, a Weidenaar and Burton Morgan, computer operator is on the mechanical engineering student; BSME '38, HDR '92, competition Internet. The software gives the and Rick Starck, an electrical founder and Krannert School computer user the option of engineering student. benefactor, presented the awards. disconnecting from the Internet • "Athlete's Review," a newsletter and taking the call, or disregarding for high school athletes, the call. They plan to submitted by lyrelle Collins, a market their device student in communications. through their newly • "ZLive Backpack," with special formed company, features for advanced hikers, Advanced Techno­ submitted by Dave Ong, a civil logical Solutions. engineering student. Krannert master's • "Virtual Caddie," an electronic student Russell golf scorecard, submitted by Kirby Goedde, BSEE, (left) receives the top prize of Flugel captured the Anthony Selhal, a chemical $4,000 from Burton D. Morgan. third prize of $1,000 engineering student.

Krannert Portfolio 20 Spring 1998 sc ws

• "Sea Savers," a plan to raise sea horses for medicinal use, submitted by Roy Fulayter, a master's student KRANNERT GRADUATE PROGRAMS IN TOP 25 in mechanical The 1998 U.S. News & World management program is engineering. Report list of "America's Best consistently regarded as From left: Judges Steven Beck, Graduate Schools" ranked among the best in the nation, • "Multi-Functional Herbert Wilson, and Paul Jacobson Krannert 24th overall in the and it's clear that a Krannert Copyholders," strong enough to country. The school ranked education has a high value- hold books, submitted by Lily Peoples Bank & Trust; Herbert fifth in the area of production/ added factor when one Xia, a graduate student in Wilson, BSME '51, chief executive operations management, compares our tuition to the seventeenth in management salary earned upon comple­ communications, and Robert officer, Micro-Surface Finishing information systems, and tion of our master's programs. Bunnell, an aeronautical/ Products; and Paul Jacobson, MSIA eighteenth in general The success our students astronautical engineering '79, entrepreneur (see Krannert management. have in acquinng highly "We, of course, are desirable jobs is extraordinary. graduate student. Update Fall 1996, page 6). pleased to be recognized as The world's finest firms hire "The Morgan competition, Coordinator of the competition one of the top 25 business our students." which is open to all Purdue is Shailendra Mehta, director of schools in the country, even The business school though there are more rankings were determined students from freshman to PhD the Krannert Entrepreneurship important measures of what through student selectivity students, provides a realistic Initiative. makes an outstanding and reputational surveys of environment in which students are For more information about business school," Dean business school deans and Dennis Weidenaar says. corporate recruiters. The motivated to implement their the competition, go to the "Our production/operations survey results were combined creative ideas," Weidenaar says. "It entrepreneurship Web site at with statistical data on is a memorable experience for all http://www3- mgmt.purdue. edu/ placement success and graduation rates to produce those who participate." entrepreneurship/ the rankings. Judges for the competition were Steven Beck, senior vice president,

Celebrate Krannert's 40th Birthday! October 23-24

October 23 Alumni Recognition Dinner Reminisce with former classmates and professors and celebrate Krannert's distinguished alumni. October 24 Bacit-to-Class Sessions For more information, contact: Learn what's hot in business education for the new millennium. No homework, we promise! Bettina McConnell Director of Alumni Relations and Boiier Basil li — Krannert Homecoming Taiigater Development Friends, food, and fun courtesy of Krannert. Join us 1310 Krannert Building under the Krannert tent for a hog roast and door West Lafayette, IN 47907-1310 prizes, approximately 2 hours before the football game. Phone: (765) 494-4453 Footbail: Purdue vs. lilinois Fax: (765) 494-4360 Cheer the Boilermakers to victory! Need tickets? E-mail: Call (800) 497-7678 or (765) 494-7747 and [email protected] request to be seated in the "Krannert Block." URL: http://www.mgmt.purdue.edu

Kranneri Portfolio 21 .Spring I'm ALU FILE

for Production

Impressive and directed the implementation of parts for the new product; other AAM enough, but especially Chrysler's just-in-time materials sites soon will follow, with produc­ so when you consider management system, three-shift tion phased in over the next 3 years. that in 1994 the assembly system capability, and a AAM also is looking beyond company was new assembly plant. North America for business. formed from In 1994, he and two investors Dauch says, "In today's global five outdated purchased the axle, forge, and prop market, if you plan on winning, General Motors shaft driveline business from GM you better have a strategic global plants, and formed AAM. business plan." including two Dauch says that similar to most The company has increased on Detroit's manufacturing operations in its international presence with deteriorated east side. Dauch added today's global market, AAM must manufacturing facilities in Canada A PASSION FOR PRODUCTION IS 1,000 jobs (the company employs drive out waste in its production and Mexico. In keeping with the 8,500), improved the technology systems in order to offer affordable goal of being a tier-one global THE DRIVING FORCE BEHIND infrastructure, bulldozed prices and high value to its automotive supplier, AAM has RICHARD DAUCH'S SUCCESSFUL dilapidated buildings, and customers. Recent mergers in the established an Asia-Pacific sales landscaped around the facilities automotive industry will offer and engineering office in Tokyo. MANUFACTURING LEADERSHIP IN and surrounding neighborhoods. exciting opportunities. As for quality and product THE AUTOMOTIVE INDUSTRY. Crain's Detroit Business named "Status quo is never acceptable development, AAM is rightfully Dauch "Newsmaker of the Year" in at American Axle & Manufacturing. proud of its worid-class Technical I he complex world of manufac­ 1997 for these leadership efforts. We know that competition on a Center in Rochester Hills, Mich. turing is no longer about simply Throughout his career, Dauch global scale will require the best The engineering innovation center making things. It's about making has been recognized as a can-do we have to offer. That's why AAM contains a full-service product test things better, faster, and in every leader. Dauch, who grew up on a continually improves the skills of laboratory and, unique to other tier- region of the world. These changes dairy fami in north central Ohio, our associates and our technology, one suppliers, chassis and driveline have demanded a new breed of chose to attend Purdue so he could equipment, systems, and facilities. systems dynamometers housed in managers with a passion for play football close to home. The We are designing our products, separate semi-anechoic chambers production, such as Richard E. industrial management degree systems, and processes to make for total system noise analysis. Dauch, BSIM '64. Dauch is appealed to him, as did the strong, exactly what our customers Dauch, a recognized manufac­ chairman, president, and chief no-nonsense work ethic encouraged require," he says. turing strategist, is famous for executive officer of American Axle at Krannert. innovations on the shop floor and & Manufacturing (AAM), a Upon graduation, Dauch had to in the classroom. He has authored a privately held company that choose between playing football for book. Passion for Manufacturing, produces automotive driveline Vince Lombardi of the Green Bay that is used at colleges and systems, chassis components, and Packers, or entering a GM training universities. Dauch has been an forged products. program. Family responsibilities important advisor to Krannert, as a AAM ranked 17th in 1997 lead Dauch to choose GM, where former member of the Dean's among the top 150 OEM suppliers he quickly made his mark in Advisory Council. While at Chrysler, to North America, with over $2.15 manufacturing. He was the Dauch was a founding partner of billion in sales in 1996, according youngest plant manager in the Center for the Management to Crain Communications. Key Chevrolet's history. In 1980, l£e of Manufacturing Enterprises customers include (ieneral Motors laccKca recruited Dauch to Chrysler auch (CMME). He has been instrumental (GM), Ford, Nissan, Saturn, Delphi, to jump-start the company's low- The company plans to benefit in encouraging the development of Koyo, and Toyota. AAM facilities performing manufacturing from the new GMT800 program for manufacturing courses and options, contain more than 5 million operations. As executive vice GM's light trucks. This is the as well as experiential learning square feet of manufacturing president of worldwide manufactur­ biggest and most complex vehicle opportunities. In 1997, he received space. All manufacturing facilities ing, Dauch demanded — and platform launch in GM's history. the CMME Distinguished Perfor­ are ISO 9001/ QS 9000 certified. received — a manufacturing and AAM's largest site received mance in Manufacturing award. quality renaissance. He planned certification in May to produce FACliTY MATTERS

Aliprantis Becomes Member of Economics Faculty Charalambos "Roko" Aliprantis' main economics Aliprantis, economics, research is in general equilibrium joined the faculty this theory including overlapping spring as a professor generations models with applica­ Aliprantis came to tions to some problems in finance, ^acuity Krannert from Indiana particulariy in regard to portfolio University-Purdue insurance. In mathematics, Johnson Named Director of Professional Master's Programs University Indianapolis Aliprantis is conducting research in (IUPUI),wherehewasa functional analysis. He has Charles "Chuck" Johnson is the running Charalambos Aliprantis professor of mathematics collaborated with researchers director of professional master's economic and economics. around the world. programs, a newly created position expansion Aliprantis' spring courses were Aliprantis has written several at Krannert. Johnson came to has ECON 609: General Equilibrium books, one of which has been Purdue from the position of benefited Theory and ECON 630; Advanced translated into Russian. He manager of training and both Monetary Theory. About teaching, currently is editor of the interna­ development with National City in industries he says: "I prefer to present the tional journal Economic Theory. Toledo. He has had more than 13 tremen­ years of professional experience in material from various points of Aliprantis received his PhD in Cfiarles Johnson dously" view so that students with different mathematics from Caltech and his training and development, human In a capabilities of understanding will baccalaureate degree in the same resources, and university program previous position as director of be able to see the main point of the subject from the University of administration. graduate studies in business at subject. I also urge students to Athens, Greece. "My most recent experiences in Bowling Green State University, teach each other — because, banking gave me firsth;ind Johnson "learned a great deal (following Aristotle's maxim), you knowledge and insight into the about managing customer service know the subject if you can teach it challenges facing an industn qualit}' within the framework of a to others." undergoing fuiulamental change," large state university." At Krannert, Johnson says. "In many ways Johnson says he is enjoying banking and higher education working with an "outstanding Watts Joins Accounting Faculty are facing similar challenges: group of faculty, stciff, students, and a) technology has increased alumni." A facuIty director, After a year at Krannert as a visiting goals in competition across geographic appointed on a rotational basis, assistant professor, Prof. Susan teaching is borders and has altered the will help Johnson administer the Watts now is a permanent faculty to help relationship between the organiza­ programs. Currently, Prof. Stephen member in accounting. students tion and its customers, b) increu,sed Green, organizational behavior, "I really enjoy the faculty and develop levels of information and choice holds the faculty position. Prof. students at Krannert, and this is a Susan Watts analytical have led to greater consumerism in Mark Moriarty, marketing, will wonderful place to do research," skills to help them "think on their the marketplace, putting pressure become faculty director in June. Watts says. feet" on organizations to deliver greater Johnson earned an MBA from So far, Watts has taught the Watts' research interests include value, and c) the current long- Bowling Green State University and courses MGMT 505: Managerial market microstructure, infomia- a BS in economics from Indiana Accounting II and MGMT 190B: tion economics, and auditing. State University. Introductory Accounting, which is From 1992 to 1997, Watts was designed for students in technology an assistant professor of accounting "The students have made me feel at at Indiana University She has PhD home," Watts says. One of Watts' and BBA degrees in accounting V from the University of Iowa. F AC RS

11 Marie Thursby directsrects ^H MARIE THURSBY, Professor of Economics important international and Burton D. Morgan Chair of international Policy and Management technology management initiatives at Krannert. Director, Center for International Business Education and Research Director, Technology Transfer Initiative

by Rex Marrs In 1975, the Morgan Chair was by the U.S. Department of instituted with a focus on private Education, the CIBER Throughout his life, Burton D. enterprise and entrepreneurship. program links the human Morgan, BSME 38. HDR 92, has When Marie Thursby became Chair resource and information founded and/or developed many in 1994, a global dimension was needs of U.S. businesses with companies. His outstanding added to the title, as it expanded to the intemational education, business career demonstrates both include her research in interna­ language training, and acumen and enthusiasm for tional policy and management. research capabilities of product dei'elopment and risk. Says Thursby, "It was very universities. Purdue's CIBER He champions entrepreneurship important to the School in terms of expected to provide solutions to a has just received an additional by Purdue students and faculty signaling that the international problem currently faced by a four-year, $1.2 million award to through the endowed chair that aspects of business are considered company This semester, projects continue its accomplishments. bears his name and the annual were supplied by Ford Motor vital to education at Krannert." Unique to Purdue is Burton D. Morgan Entrepreneur­ Company and a Logansport, Ind., Thursby's research is devoted CIBERir^^, the Internet hub of ial Competition (see story, page company Small Parts, Inc. Each to international economics and the nation's ClBERs and the only 20). The Morgan Chair holder of the problems involves the industrial organization, with a CIBER Web site that provides 11|^ is encouraged to engage in alignment of technological concentration on the involvement continuous updates on the three research and teaching that and business decisions in a of government policies in global main areas of activity (outreach, enhances the concepts and global context, as well as the competition. She has written about curriculum, and research) for all practices of private enterprise. interplay of government policy and government intervention in setting the sites. (The CiharWeb address is business success." product standards and the role of http://ciber.centers.purdue.edu) Thursby also has started another R&D in international competition Recent Purdue CIBHR project, funded by the Technology (the race to develop high definition highlights include the funding of THIS IS THE FOURTH IN A SERIES OF Transfer Initiative and the lA), the effect of industrial policies 15 intemational business courses, University's Reinvestment Fund, in PROFILES ON KRANNERT'S CHAIRED (the National Flat Panel Display providing a consortium of which teams of engineering PhD PROFESSORSHIPS. A CHAIR CONFERS Initiative), and the impact of workshops with five other and Krannert master's students university research on industrial universities for PhD students DISTINCTION, SHOWS RECOGNITION BY and faculty engage in interactive productivity. These research to research the international analytical projects focused on 4. ONE'S PEERS, AND HELPS ATTRACT AND pursuits dovetail with Thursby's aspects of their discipline, and technologies developed at Purdue. teaching interests of international preparing Indiana teachers to KEEP THE BEST SCHOLARS AT These team projects cultivate trade, innovation, and technology teach international economics interdisciplinary, critical thinking KRANNERT. CHAIRHOLOERS ARE management. and business, skills, and demonstrate the real- Thursby has the further NAMED BY THE DEAN WITH CON­ Managing Technology world complexities of entrepreneur- distinction of being president-elect Part of her classroom activity ship in technology-driven firms SULTATION BY FACULTY AND OUTSIDE of the association of CIBERs. She involves developing new courses (see story, page 2). also is a research associate of the REFERENCES. INDIVIDUALS AND that are interdisciplinary between National Bureau of Economic the schools of Engineering, International Issues CORPORATIONS THAT INVEST IN Research (NBER), a prestigious Technology and Management. She In another complementary role, nonprofit organization that ENDOWED CHAIRS ENSURE A LEGACY teaches Global Issues in Manage­ Thursby is founder and director of Purdue's Center for International promotes empirical research on OF EDUCATIONAL EXCELLENCE. ment of Technology (ECON 69OI) economic issues of importance to with Arden Bement Jr, Basil S. Business Education and Research the U.S. Thursby is currently Tlimer Distinguished Professor of (CIBER). Established January 1, conducting a survey of patent Engineering. Thursby explains: 1993, it is part of a nationwide licensing practices of the major "It's a neat course. Half the network of 26 CIBER sites, which U.S. research universities, students are engineers, half are were designed to increase and sponsored by the Sloan Foundation management students. A key promote the nation's capacity for through NBER. feature of the course is a business intemational understanding and project in which students are economic enterprise. Administered

r>r/ I'nrtfnii,, 9A V^ m F AC

Brady Becomes Executive Director of CMME Tom Brady "Tom has been especially has been productive as CMME's point person, promoted to interfacing with scores of Steele Becomes Executive Director of Purdue's CIBER the position companies interested in becoming David Steele has been promoted to marketing CIBER and our School of executive affiliated with the center and hiring the position of executive director of to a broad customer base both Tom Brady director of our graduates," Dean the Purdue Center for inside and outside the University." the Center for the Management of Weidenaar says. "He also has International CIBER recently was awarded Manufacturing Enterprises played a key role in helping Business Education with federal funding through 2002. (CMME). In his new position, students participate in :ind Research "The award will support the Brady will continue to strengthen several Kaizen projects with (CIBER) at Krannert expansion of Krannert's inter­ outreach programs and undertake Westinghouse Air Brake Steele joined CIBER national programs and necessitate additional activities. Company" in December 1996 as a concurrent evolution of the Brady has been with CMME for Topping off his busy assistant director. Center's leadership," says Marie six years, in which time he has schedule, Brady also "1 have Thursby, Burton D. Morgan Chair worked with students at both the completed requirements for a David Steele thoroughly enjoyed of Intemational Policy and undergraduate and graduate levels, PhD in industrial engineering in my work here at Krannert, and look Management. with companies affiliated with 1996. He earned his BSE from forward to working with Prof. Marie Steele was previously employed CMME, and with faculty members Purdue in 1981. Before joining Thursby and our colleagues as as a Chamber of Commerce on manufacturing-oriented Krannert, Brady w-ds employed by CIBER continues to mature as a director and he continues to be research and teaching projects. 'ritsker Corporation. center and Krannert grows as a active in the political arena. school," Steele sa)'s. ^ip^ K "David has brought exiiertise, enthusiasm, and commitment to Doster Receives Advising Honor his duties," Dean Weidenaar says. Barbara Doster, director of class, hosting one more informa­ "He has been very active in undergraduate management tion session, and advising one more programs, received the 1998 student organization. Colleagues Outstanding Academic Advisor indicate that this person is a AlliedSignal Excellence in Teaching Award Award presented by the Purdue powerful leader as well as a The Center for the Management thoughts and Academic Advising concerned mentor and empowering of Manufacturing Enterprises movements Association. Doster supervisor, who is kind-hearted, (CMME) is pleased to announce in the quality and her staff serve thoughtful, intelligent, humorous, that Prof. Jen Tang, quantitative field relative and advise about and dedicated." methods, has been selected as the to manufac- 2,200 undergradu­ Doster has been witli the AlliedSignal Excellence in Teaching turing, draws •'®" ^'"^ ates In the School of Management Advising Office since Award winner for 1997-98. Tang heavily on Tang's TQM-based Management. 1977. Over the years, she has won was chosen primarily for his efforts research program. several prestigious awards, In presenting the in developing, teaching, and Professor Tang is the third award to Doster, the including the Purdue Sjiecial Barbara Dostor continually improving Manage­ recipient of this award, which was Boilermaker Award. In 1990, the committee provided ment 49O: Tools and Methods for previously presented to manage­ School of Management Council these reasons, and more, for her Total Quality Management, a ment professors Bob Plante, established the Barbara G. Doster selection: "This advisor has always course that is a foundation of the quantitative methods, and Jim Positive Attitude Award scholarship, gone the extra mile by seeing one CMME undergraduate Manufactur­ Ward, operations management. more student, teaching one more which was recently endowed. ing Management option. This The award consists of a $1,500 19 course, which covers contemporary cash grant. AlIIMNT ALUMNI AGENDA AMDA

Krannert School Alumni Association '-®**^''from.the Tent

Dear Krannert Alumni,

Spirit and enthusiasm are two key Let me assure you that as unselfishly characteristics I see reflected in alumni we make a difference. of their time Krannert School students, faculty, Through our accomplishments, we to advise staff, and alumni. We can be proud impact the education Krannert Krannert, meet students, and offer that we have ties to a school that is students receive. We add to their their professional perspectives. We so special! education when we return to look forward to their continued As Krannert School Alumni Krannert as recruiters and class participation in Krannert's Association (KSAA) board president speakers. We enhance their educational endeavors. and as a KSAA board member, I have education and our degrees when we Alumni are the link to enjoyed many wonderful visits to invest in the Krannert Annual Krannert's past, we are the legacy of campus, which renewed my Fund. We should really be proud of Krannert's educational spirit, and Krannert spirit and enthusiasm. I our investments in Krannert. This we are the School's bridge to the am always encouraged by the year the annual fund reflects our future. Based on what I've seen number of alumni and friends who accomplishments and our from my visits to Krannert and visit Krannert and share their dedication to excellence in from Portfolio, I'm very proud to professional management education. With more RETIRING KSAA BOARD MEMBERS be part of that future. experiences with than $560,000 in alumni gifts, The following alumni have helped shape management we're on the way to another record- the future of the Krannert School through Sincerely participation in KSAA board meetings, students and faculty. breaking year We're striving for management classes, and student/ As I read participation rates of more than 20 faculty projects. We deeply appreciate their support and promotion of the Portfolio, I am percent — and we can do it! Krannert School. impressed by the I must admit, I'm biased Ralph Harnett, BSIM '69 Jerome Adams, PhD '77 activities of Krannert toward Krannert. I'm proud and President, KSAA Paul Bergren, MSIA '73 students, the pleased to be a part of the School's Senior Vice President E. James Dondlinger, MSIA '71 educational and activities. I value the numerous Telecommunications and Robert Feller, BSM '84 research accom­ Krannert friendships I've made over Energy Networks Division Karen Gehrke, BSIM '82 plishments of our the years, and I realize how import­ Raychem Corporation Nancy Handel, BSIM '72 faculty, and the level ant we are to Krannert's successes. Ralph Harnett, BSIM 69 of alumni involve­ I am especially pleased to have Gary Lehman, BSIM '74 PS.: Keep up with the latest ment. I compliment made many friends on the KSAA Mike McDaniel, MSM '72 Krannert news by checking you and all alumni board. As their board terms end, we Andrew Oreffice, BSIM '83 the Krannert Web site: for your commit­ Gordon K. Rains, BS (IND ECON) salute retiring board members (see http://www.mgmt.purdue.edu '59. MSIA '60 ment to Krannert. box at left), who have given Linda Schwelnus, BSIM '76 Kenneth Stuff, BSIM '66

Krannert Portfolio 26 Spring IW8 ALU

4Si The Alumni ^IL—^^

New York CT On April 29, Krannert alumni met blends advancing technology with MIKE BORKOWSKY, MSIA '62, at Lehman Brothers' offices in the management theories and decision MIKE CASSIDY, BSM '93, JOHN World Financial Center for an making," Weidenaar said. EHARDT, MSIA '64, MARC SUMMER AND FALL 1998 alumni reception. C. BRAD HiNTZ, Krannert alumnus JOHN BUN, HOCHMAN, MSM '93, CLIFF REESE, ALUMNI RECEPTIONS BSIM '71, chief financial officer PhD '72, chairman, Advanced MSIA '80, JIM SILKWORTH, MSHRM Chicago and managing director, Lehman Portfolio Technologies, Inc., shared '90, and ADAM WILSON, BS (ACCT) Detroit Brothers, Inc., hosted the event. his perspectives with alumni and '96 and MSM '97 — did a great job Fort Wayne, Ind. Dean Weidenaar shared with made a presentation, "The Road calling alumni and generating alumni the Krannert School's focus Less Traveled: From Krannert to enthusiasm and Krannert spirit. Indianapolis for the future. "Our objective is to Teaching... Then Doing." Krannert appreciates hosts Brad Watcti for your invitations. We hope you will join us! bring together students with strong Members of the reception Hintz's and Lehman Brothers' analytical skills and provide them committee — DAVE ABBOTT, BSM hospitality, which alumni agreed with a management education that 94, EILEEN BEDELL, MSIA '74, was exceptional.

Mary Lou, BSCFS '80, BA Hum. 80, and C. Russell Cox, MSIA '81 and KSAA board member AlamBowS l

ON DECEMBER 30, MORE THAN

120 KRANNERT ALUMNI AND GUESTS MET AT THE MARRIOTT RIVERWALK HOTEL IN SAN

ANTONIO, TEXAS, TO CELEBRATE PURDUE'S FOOTBALL SUCCESSES AND TO CHEER THE TEAM ON TO A VICTORY IN THE ALAMO BOWL. ALUMNI ENJOYED A PREGAME LUNCHEON HOSTED BY DEAN WEIDENAAR. "THE CAMARADERIE WAS EXCEPTIONALiy

RiCTmmrSCHWWfT?I ^\Rfl^^S\(CW , TW5M 'SBTEMPHATICALLY AGREES: "THE Master's students join in the Alamo Bowl festivities. SETTING WAS PLEASANT THE ATMOSPHERE RELAXED - - KRANNERT ALUMNI HAD A GREAT OPPORTUNITY TO RENEW ACQUAINTANCES VICTORY THERE WAS A GOOD MIX OF RECENT GRADUATES VICTORY AND THOSE WHO HAD BEEN OUT AWHILE VICTORY IT WAS A NICE OPPORTUNITY FOR THOSE OF US WHO ARE NOT FROM TEXAS TO MEET MANY TEXAS ALUMNI THE WEATHER WAS GREAT AND SPIRITS WERE HIGH !"

Krannert Portfolio 27 .Spring 1998 KRANNERT GRADUATES AND OTHER VISITING EXECUTIVES ARE

FREQUENT CONTRIBUTORS TO MANAGEMENT AND ECONOMICS IClT^PIldrt ^Vi^i^O'^® CLASSES AND PROFESSIONAL nave Clas^l^p^^^s^ DEVELOPMENT PRESENTATIONS. THEY OFFER INSIGHTS ON CAREER PATHS, TRENDS, AND BEST BUSINESS

PRACTICES. BELOW, WE FEATURE SOME OF KRANNERT'S VISITORS

DURING THE LATE FALL AND EARLY SPRING SEMESTERS.

ROGER STEWART, MSIA '74, significant impact on students' assistant treasurer at Procter & understanding of the challenges Gamble, spoke to Prof. Wilbur managers face, and how their "Bill" Lewellen's EMS Intemational Krannert education helps them. Finance class on February 6. TRACEY TEDESCO, Behavioral TRINA BARTA, MSIA '96,Gen- Technology, Chicago, and STAN eral Motors Corporation-Cadillac MALOS, PhD '96, Staffing Systems, Division; ALISON KREBS, MSM '91, spoke to Prof. Michael Campion's Ell Lilly and Company-Elanco OBHR 644 class. Animal Health Division; and CLINT Associate Dean James Dworkin, MCCALLUM, MSM '97, Intel Corp­ organizational behavior and oration-Developer Relations human resources, would like to Group, spoke to marketing prof­ thank two alumni board members Alison Krebs, MSM '91, Eli Lilly and Co////jd/iy Blanco Animal Health Division essors Mark Moriart)''s and Douglas who visited his OBHR 669 classes. Bowman's MGMT 620 classes. ED GARRISON, MSM '84, employee executive vice president. Small KEVIN WISE, MSM '95, According to master's students who resources leader, International Parts, Inc., made class presenta­ financial analyst, Procter & attended, the speakers made a Paper, spoke on peer review, and tions in the ECON 69O course for Gamble, spoke to Prof. Charlene GARY LEHMAN, BSIM '74, senior professors Marie Thursby, Burton D. Sullivan's MGMT 612 finance class. vice president, ITT Automotive, Morgan Chair of International EILEEN BEDELL, MSIA 74, spoke on labor relations. Policy and Management, partner/vice president, Booz Allen & Prof. Leroy "Lee" Schwarz, economics, and Arden Bement, Jn, Hamilton, New York, spoke to Prof. operations management, would Basil S. Uimer Distinguished Kent Miller's Strategic Management like to thank LAURIE MIIANO and Professor of Engineering. II class. M\RK HENDERSON, IBM, and FRANCIS OLMSTEAD, MSIA '62, Prof. John Hannon, organiza­ DAVE MUSSO and JEFF HUNSAKER, president, chairman, and CEO of tional behavior and human Intel, for their presentations in Anchor Advanced Products, helped resource management, would like MGMT 560, as well as KATHLEEN master's students prepare a to thank SHARON MATTHEWS, BAIA CHRYSTIE, BS (ACCT) '87, IBM, business case. Olmstead serves on '78, director of human resources at and YvEHE MARTIN, MSM '94, the Krannert Dean's Advisory IBM, for her presentation on issues Intel, for arranging for the guest Council. Clint McCallum, MSM '97, of diversity. Intel Corporation-Developer speakers. Prof. Keith Smith, finance, Prof. Cornell Bell, Krannert's Relations Group Visiting Prof. Patrick Duparcq, would like to thank the following founding director of minority marketing, thanks STEVE JOHNSON, MGMT 642 Securities Analysis guest programs, would like to thank the MSIA '72, woHdwide partner speakers: DARREN LEHRICH, a following alumni who spoke to electronic commerce and retailing, health care analyst with Furman students in MGMT 243: Andersen Consulting, for speaking Selz and currently a second-year YVONNE BRIDGES, senior to his class. MSM student; C. "BRAD" HiNTZ, professional employment JAMES ANDERSON, advisor— BSIM '71, chief financial officer representative. Caterpillar, Inc; cooperative technology programs. and managing director of Ix^hman BERT BUCHNER (currently enrolled Ford Research Programs, Ford Brothers, Inc.; and ScOTT MlLLER, in the executive master's program), Motor Company, and CLAY BARNES, a PC analyst for Dataquest. market segment manager,

krannert Porltiilio 2S 'ihriiio l<)'»i ALU N D A

R.R. Donnelley; ROCHELLE DORN, KRANNERT EXECUTIVE FORUM SPEAKERS SPRING 1998 MSM '97, financial analyst. Ford Barbara J. Fagan, BSIM '76, Motor Company; MICHELLE Thomas J. Lidester, MSIA '77 Charlotte R. Otto, MSM 76 MSM '78 Executive Vice President and Senior Vice President (Public DRAFTS, ERIC HILL, and CARLA Vice President, Latin America Chief Operating Officer Affairs) HOLLOWAY, BSM '94, participants and Caribbean Asset Manager Kirby Risk Electncal Supply The Procter & Gamble in an MBA panel discussion; SlIAWN Amoco Power Resources Executive Vice President Company Corporation Kirby Risk Corporation James C. Redinger DUDLEY, BSM '97, IBM; KYLE Amoco Corporation Frank E. Macher Senior Managing Director GARNER, MSM '95, territory sales Robert E Gregory, Jr. President and Chief Executive McDonald & Company manager, Philip Morris USA; KEVIN Chairman and Chief Executive Officer Securities, Inc. Officer ITT Automotive GRIMES, BSIM '90 (currently Ronald R. Smith, MSM 78 London Fog Corporation Corporate Senior Vice President and Chief Executive enrolled In the Krannert executive President Marcus C. Hansen, MSIA '86 Officer master's program), assessment ITT Industries President Bluegrass Cellular, Inc. specialist/manager, GTE; GARY Lockheed Martin Management Allen M. Nixon, MSIA 63 Terry L. Van Der Aa & Data Systems President and Chief Executive HOBBS, MSM '97, system President and Chief Executive Lockheed Martin Corporation Officer realization district manager, AT&T; Officer The Torrington Company C. "Brad" Hintz, BSIM '71 ATCA/ancom, Inc. STEVE HOGWOOD, owner, Vice President Chief Financial Officer and Ingersoll-Rand Company Steven A. Webster, BSIM 73 McDonald's-West Lafayette, Ind.; Managing Director President and Chief Executive DALE A. JENNINGS, BS (ACCT) '93, Lehman Brothers, Inc. Douglas R. Oberhelman Officer Vice President and Chief senior financial analyst, R&B Falcon Corporation Financial Officer AlliedSignal; CHRIS LESLEY, BALA Caterpillar Inc. '94, human resources ^issistant, State Farm Insurance; EARL MAJORS, MSHRM '90, manager, neuroscience research, Eli Lilly; and ROIAND PARRISH, MSM '76, Alumni ^ president, Parrish Foods. Aivards Several alumni gathered in Krannert Distinguished Krannert School Distin­ January as advisors to the Alumni Awards guished Service Award Undergraduate Symposium, which THE KRANNERT SCHOOL ALUMNI Since 1989, the Krannert School has This award honors an individual investigated proposed curricula presented these awards to outstand­ who has given distinguished service ASSOCIATION IS LOOKING FOR changes in keeping with the ing alumni at the Homecoming to enhance the visibilit)' of the changing world of global business. OUTSTANDING ALUMNI. WE INVITE Reunion banquet. These service Krannert School of Management Participants included KEN YOU TO NOMINATE QUALIFIED achievement awards are presented and the qualitv' of its programs. BERGREN, MSIA '73; KAREN to Krannert alumni who have Nominations GEHRKE, BSIM '82; MARK CANDIDATES FOR THE FOLLOWING demonstrated success in their Ple^ise refer to the particular award HILDEBRAND, BSIM '72; JULIA profession, community achieve- AWARDS: and criteria when submitting HIPPS, BSM '79; DOUG PETERSON, menLs, and service to the Krannert nominations. BSIM '84; GORDON RAINS, BS School of Management and Purdue. (IND ECON) '59, MSIA '60; and Mail nominations to: John S. Day Distinguished KATHLEEN SMITH, BSM '83. Krannert Alumni Awards Alumni Academic Service Krannert School of Management Award Purdue University Sponsored by Great Likes 1310 Krannert Building Chemiad Corporation West Liifayette, IN 47907-1310 This award, named for fonner Dean John S. Day recognizes an E-mail: outstanding Krannert PhD alumnus [email protected] or alumna whose service in the Deadline for nominations is academic community reflects the August 1, 1998. spirit and service of John Day to the Krannert School of Management and Purdue University

Laurie Miiano, IBM

Krannert Portfolio 29 .Spring l'/)S KRANNF,RT KRANNERT INVESTORS llMTijUlV/Ku Krannert's Partners^^y Progress

GIRS FROM CORPORATE, CORPORATE FOUNDATION, AND INDIVIDUAL Major Gifts Partners INVESTORS SUPPORT ACTIVITIES THAT BENEFIT MANAGEMENT STUDENTS. AMERICAN UNITED LIFE (AUL) in a virtual environment — THESE ACTIVITIES ADD SIGNIFICANT VALUE TO KRANNERT'S PROGRAMS FOUNDATION continued its forging new educational horizons. investment in the Krannert School Prof. Alok Chaturvedi, manage­ AND ENHANCE THE SCHOOL'S EDUCATIONAL ENVIRONMENT. with its fourth gift designated for ment information systems, and accomplishments, research the American United Life Insurance several colleagues developed a initiatives, and partner activities Company Professorship of business simulation that allows that are so important to CMME Management endowment. This gift students to make management are supported by Ingersoll-Rand's Air Products and Chemicals representative Mark Bye (center) is an investment in Krannert's decisions in real-time, analyze their funding. "This gift reflects presented the company's current educational programs and decisions, and learn for the future. Ingersoll-Rand's depth of commit­ Krannert Associate gift. in the School's future. Prof. This benefits our current students ment to our programs. We are MANOILVR KALWANI, marketing, is and has application for teaching pleased to use this support for the current American United Life and learning at the high school scholarships and graduate awards, Insurance Company Professor of and junior high school levels. curriculum innovations, and Management. His teaching and GENERAL MOTORS FOUNDATION research. These activities bring new research distinguish him among renewed its support of Krannert knowledge to our classrooms and to his colleagues. Krannert is pleased with funding designated for our partners," Weidenaar says. to receive this support. General Motors Foundation AMERITECH FOUNDATION Graduate Awards in Management, Annual Program Support completed its $72,000 gift to the Cornell A. Bell Business from Corporate Investors Krannert as part of its five-year $1.2 Opportunity Program (BOP), the million grant to Purdue University Center for the Management of Krannert programs are strengthened activities in the career services and designated for the Enhanced Manufacturing Enterprises by the annual support the School placement area. ARAMARK Teaching and I^aming Effective­ (CMME), and the School's receives from corporate investors. CORPORATION continued its ness Using Technology-Based Technology Transfer Initiative. EXXON COMPANY, U.S.A., funds hospitality support by working Delivery initiative, which focused Dean Dennis Weidenaar, in graduate awards in management with Krannert to host the School's on integrating IS technologv' into thanking General Motors and provides funding for initiatives Chicago alumni reception. ELI LILLY management education curricu­ Foundation for this gift, says, in human resource management. AND COMPANY presented Krannert lum. This grant provided resources "General Motors Foundation is a GE CAPITAL FLEET SERVICES with a gift for CMME at the School's for Krannert to explore education longstanding investor in the renewed its BOP investment and alumni reception in Indianapolis, Krannert School. lis support H. H. GREGG continued its support which Lilly hosted. AlR PRODUCTS impacts our educational programs, of two scholarship awards. THE AND CHEMICALS continued its benefits our students, supports NCR FOUNDATION, through the support of Krannert with funding for diversit}', and encourages Paul Laurence Dunbar Scholarship the Master's Student leadership collaboration between Krannert awards, provides student support for Development Fund and high priority and other Purdue schools." an undergraduate student scholar. areas Including computer and INGERSOLL-RAND COMPANY TRW FOUNDATION continued its information technology purchases, renewed its leadership support of support of two graduate awards, one faculty development, and graduate the Krannert School with its third designated for manufacturing awards. gift on a five-year$450,00 0 pledge management and one for human Corporate support is designated for CMME. Ingersoll- resource management students. important to Krannert as we Rand is a founding CMME Partner AVERY DENNISON presented the develop new programs and company Investor The educational School with a gift for innovative educational opportunities.

Kranneri Portfolio 30 Spring 1998 K R A N TORS

Individuals Continue a Tradition of Leadership Gifts

JURGEN GROSSMANN, MSIA '74, in fall 1997." Krannert appreciates made a gift to Krannert designated the Hansens' leadership gift for this to support the activities of the curriculum project. Intemafional Multidisciplinary An important objective of the Management Project (see story, School of Management is to offer page 14). Master's students in undergraduate students leadership Jurgen Grossmann, MSIA '74, (center) listens to the this program work as a team to opportunities. WINSTON "WiMP", final report from students involved in the International Multidisciplinary Management Project. complete an international PhD '67, and ROSIE LISTER have consulting project. They analyze an made an important investment in — and the Pages also provide issue, develop a strategic plan, and Krannert through a gift to the endowment support that will allow share the plan with leadership Undergraduate Management these awards to be funded in the representatives of the organization. Student Leadership Development future.jAMES, MSlA'6l,HDR'94, "Jurgen has supported consulting Fund. This gift provides resources and DIANE PERRELU, through the projects for two groups of for undergraduate students who Diane and James Perrella Family management students," Dean engage in leadership activities such Foundation, renewed their support Dennis Weidenaar says. "His as participation in leadership designated for the James E. Perrella participation and enthusiasm give conferences, case competitions, Graduate Awards in Management. students unique experiences that professional and career develop­ These awards demonstrate to distinguish Krannert and increase ment, and community service. students the value that alumni and the competitive advantage of our These activities provide under­ successful business leaders place on students. We appreciate his support graduate students with the skills the education Krannert offers. and value the educational depth and confidence they will need to TERESA LEGRAND, BSS '72, and this project brings to our excel in their future careers. a member of the Krannert Dean's programs." BEN, BS (IND ECON) '59, and Advisory Council, invested in RICHARD, MSIA '67, and PENNY MAXINE, BS CFS '59, MILLER made undergraduate programs with HANSEN made a special gift to fund a leadership investment in the a gift designated for scholarships. a new finance curriculum project, Krannert School. Their gift will "Teresa's generosity is valued the Student Managed Investment support many Krannert initiatives, highly by the Krannert School," Fund (SMIF). This course gives including undergraduate and Weidenaar says. "Her gift will students the opportunity to Invest graduate student awards, faculty provide scholarship awards for real financial capital in a financial development, and advancing and high-potential undergraduate portfolio they select. Through SMIF, refreshing the School's technolog}- students over the next three vears." students learn asset management biLsed learning environment. and security analysis skills. SMIF is Krannert is fortunate to receive offered to students in the master's graduate award support from program and is headed by ProL alumni who are leaders in their Keith Smith, finance. The course professions and who are valued offers students exciting experiences Krannert volunteers. THOMAS, and provides faculty teaching and MSIA '63, HDR '94, and EVELYN research opportunities. "Three PAGE fund graduate awards for ingredients made SMIF a reality — current students — the Thomas A. funding, policy and students," and Evelyn Page leadership Smith says. "All three materialized Graduate Awards in Management

Krannert Portfolio 31 Spring /998 Kranne 1997 Annual Fund Record-Breaking Results!

I%rannert is on its way to percent this year and aim for more iJiiiAigim^uj la^jii'i^ifnyiiiiiLaLaiiia^ surpassing our 1997-98 Annual than 25 percent participation next Class Coordinator yean With participation rates at Fund goal of $589,000 — and we MSIA '57 have until June 30,1998, to make these levels, we'll be competitive Bob Peterson this the best Krannert Annual Fund with the best business and MSIA '60 year ever, with the help of our management schools in the Dennis Rankin country. We appreciate the support MSIA '67 alumni! Over the first eight 30th C/ass Reunion Year months of the 1997-98 fund year, we receive from alumni volunteers MSIA '79 Krannert received $565,900 in who are class fund-raising George Shahnasarian alumni gifts, with 15 percent coordinators for their graduating MSM '87 alumni participation. classes. So far this year, the alumni Ray Wise This is outstanding financial classes noted at right have leading BSM, BSIM '88 Scott Sorensen support for the Annual Fund and participation rates. surpasses the value of alumni gifts received by Krannert in any annual fund year! We look forward to the remaining months of this yean Currently, our alumni With strong alumni support, we will continue our mission participation rate is 15 percent. Our objective is to increase this to 20 of educating tiie next generation of business leaders

Dean Dennis Weidenaar

We also receive great support gifts we receive from alumni are Alumni gifts benefit manage­ from alumni who send Annual important as we continue to invest ment and economics students. Fund letters to their corporate in innovative programs for the We appreciate the support of colleagues. These company-based future." Weidenaar continues, our alumni donors and invite solicitations generate tremendous "Alumni gifts reflect the determina­ all Krannert alumni to support the financial support for Krannert and tion of our alumni to ensure future of their School. significant matching dollars. Krannert's role as a leader in To keep up to date on Krannert "These gifts are important," management education. With Annual Fund news, check the Dean Dennis Weidenaar says. "As strong alumni support, we will Alumni Network at http:// costs continue to increase, Krannert continue our mission of educating www3.mgmt.purdue.edu/AlumnL/ depends more heavily on support the next generation of business to see selected annual fund and from its alumni. State support leaders who, like you, will impact Portfolio information. funds less than 25 percent of the management and business decision cost of providing students with a making around the world." Krannert education. Therefore, the

Kranneri Portfolio 32 .Spring 1998 KRANNERT INVESTORS

The Peterson-Lawrence There's no question that Another scholarship recipient, Scholarship Awards were founded generous scholarships established Kara (Summerville) Talbott, BS by longtime Krannert benefactors by the School's alumni and friends (ACCT)'91, MSIA'91, says, "The Alan E., HDR'91, and Mildred attract the best and the brightest scholarship was wonderful. It "Milly" Peterson in 1987 to provide students to the School of Manage­ meant I could concentrate on my leadership support for undergradu­ ment. But in addition, these awards studies and get through quickly I ate management students. Alan keep such outstanding students at was able to do the master's degree Peterson is a member of the Krannert — and keep them program, too, in my four years at Krannert Dean's Advisory Council focused on their educational and Purdue." Talbott was a participant Eleven of the 14 Peterson-Lawrence and chairman of Tlicker Alan Inc. career goals. in the 3+1 Program, which has and Alan and Mildred Peterson The Petersons established and "The scholarship helped since expanded to the 3-f-2 Charitable Foundation Scholarship recipients from 1997 with Douglas named the awards in honor of financially, of course," says 1988 Program and allows qualified Peterson, BSIM '84 (second from left) friend and former professor Charles Peterson-Lawrence Scholarship students to earn both a bachelor's Lawrence, a Krannert accounting Award recipient Michelle (Marquis) and master's management degree faculty member Scarpelli, BS (ACCT) '92, "but in just five years. that area and management — In addition to student awards, because the scholarship was Talbott is a tax manager with perhaps in sports. He may apply to the Petersons support innovative renewable, I also had an academic Ernst & Young's personal financial the 3+2 Program so that he leaves technology-driven faculty projects, incentive to work hard in my counseling group. She does estate, Purdue with a master's degree, too. including the Technology Transfer classes. And because I didn't have retirement, and investment Brett Hazlett, a 1994 Peterson- Initiative (see story, page 2) and some of the financial burden and counseling for individual clients, Lawrence award recipient is the Excellence in Accounting didn't have to work during school, may consult with higher level currently finishing his first year of program. I was able to join student clients who work with a company master's study in the 3+2 Program. Tne partner, and also reviews Hazlett says the award helped him reach an important goal: financing Peterson-Lai/vren<:e returns'". "She joined his own college education. the firm after graduation. "I've "Krannert is a wonderful school, Scholarship found my management classes to both undergraduate and graduate, Since 1987,25 School of be very relevant. As I encounter new and 1 am ver\' happy with my Management students have Awaras challenges at work — recently, educational choices," he says. received Peterson-Lawrence merit organizations. That really set me investment hedging with puts and "The environment fosters the type awards, which are renewable over a apart from other candidates when calls — I think back and of learning that will be essential four-year period. Qualifying I interviewed for my first job. remember details from class. in the business world of the students receive $1,500 for the first "I think I was able to The professors were great. They future." Hazlett will intern with semester of their first year; $1,500 immediately enter a supervisor}' prepared you for a career in the Ford's internal audit division in for the second semester; and $1,000 role, despite my lack of on-the-job real world." preparation for a career in each year for their sophomore, supervisor)' experience, because I 1997 scholarship recipient and corporate finance. junior, and senior years. They must had held leadership positions in top student Jacob King, BSM, from "Krannert salutes Alan and enroll in at least 12 credit hours stude\it organizations," she adds. Brownsburg, Ind., says the Milly Peterson for their foresight and maintain a 30/4.0 grade point Scaipelli is an accounts Peterson-Lawrence award sealed his in establishing the Peterson- average. To apply for the awards, receivable supervisor with Abbott decision to attend the School of Lawrence Scholarship Awards. first-year students enrolled in the Laboratories in Chicago. She works Management. "My dad, mom, Each yean the Peterson-Lawrence School of Management must be in in the hospital products division, stepdad, and others went to Purdue, award recipients make an impact the top 15 percent of their alternate-site care. She supervises so I was definitely interested in the on Krannert — and they're sure to graduating high school class and three employees, does accounting Univeniit)'. But 1 had received make an impact on the business have a 1200 or higher SAT/28 or for the area, and audits the scholarehip offers from other world in \ears to come," says Dean higher ACT division's revenue share agreement schools and may not have come Dennis Weidenaan clients. Scarpelli joined Abbott after here without the award," he says. graduation, entering the company's King is interested in statistics and financial development program. hopes to find a career that relates to

kniniwrl Port folio 33 St)rinv l'/)H lNUlli5

1997 1961 C. Bernard Huesing, MSIA, is PhD Alumni chairman and president of Maco Corp. in Carrie Heilman is an assistant professor Conrad C. Ege, MSIA, has passed away. Huntington, Ind, His wife, Nancy, is vice 1966 of marketing at the Olin School of Business He was a pilot for United Airlines in San president, in St. Louis, Mo. She is married to Bradley Francisco. Carl R. Adams is a professor and chair, J. Heilman, MSIA '94, Charles M. Jensen, MSIA, is a Infonnation and Decision Sciences Robert H.Johnson, MSIA, is a retired controller with ABC Rail Products in Department, Carlson School of engineer with Weyerhaeuser Co. in Callera, Ala, He previously was secretary/ Management, Minneapolis. Minn. Oglethorpe, Ga. treasurer controller with Borg-Warner Corp, in Dixon, III, His wife, Karen, is a 4-H organization leader and high .school Master's 1963 3Sth Reunion Year 1970 Spanish teacher John M. Jordan is dean of studies at Alumni Carl R. Adams, MSIA. See PhD Alumni John M.Jordan, MSM, See PhD Alumni Loyola (lollege in Baltimore, Md. tie was 1966, 1970, formerly an associate professor and 1950 E. Rick Gesue, MSM, is a retired district associate dean. Robert A, Zaban, MSIR, practices law at manager with Texas Instruments, Inc, He Leone S. Katz, MSM, is a retired lives in White Hall, Md. his business, Attorney Robert A, Zaban, in instructor of economics. She and her Indianapolis, His wife, Ann, is a nursing 1976 husband, Elliott, a Purdue graduate in William W. Watkins, Jr., MSIA, is a consultant. engineering and physics and retired Ira G. Kawaiier writes, "After 16 years principal with TRl W Associates, principal director of Aerospace Corp., reside as director of the New York office of the Purchasing and Contracting Consultants, in San Marino, Calif. 1965 Chicago Mercantile Exchange, I'm now, as in Annandale, Va. president of Kawaiier & Co., an William E. Franklin, MSIA, is independent consultant, advising firms 1957 1964 chairman and principal of Franklin about using derivative instruments to A.ssociates, Ltd., in Prairie Village, Kans, His manage their financial risks." J. Howard Storm, MSIA, is retired from William E. Hall, MSIA, is a consultant wife, Marjorie, is president and CEO of NationsBank and lives in Dallas, Tex., with in Aurora, 111, His wife, Diane Herr, is a Franklin Associates. his wife, Louise. marketing vice president with Lucent 1978 Technologies in Lisle, III. Charles E. Godfrey, MSIA, is retired Norman D. VanVoorhis, MSIA, is a from United Technologies and lives in Paul D. Tolchinsky is a partner with project manager with Kbsary Foundation Jupiter, Fla, His wife, Maxine, is supervisor Dannemiller IVson Associates in Moreland Co. in Miami, Fla. Hills, Ohio. of elections for Palm Beach County in West Bergren Named Palm Beach. Executive VP 1958 Jackson B. Lynch, II, MSIA, is senior 1994 40th Reunion Year Paul L. Bergren, MSIA '73, BSME vice president of Speer & A.s.sociates, Inc, James V. Burkhard, MSIA, is president Bob Y. Chan is an assistant professor at '71, has been promoted to executive Atlanta, Ga, He previously was senior vice of Improvement Specialists, Inc., Ft. Worth, the City tiniversity of Hong Kong. He is vice president of the construction president-group head at Harris Bank Corp, married to Sau-Lin Chan, MSM '9.1 Tex. He previously headed Power Check, sector, Ingersoll-Rand Co, The sector Inc. His wife, Martha, is a support specialist consists of the construction and John A. Zaloudek, MSIA, is a retired Hong Tak Andrew Chan is at the Hong at Texas Christian University in Ft. Worth. mining group and the Melroe Co, He marketing process leader with Owens- Kong University of Science & Technology also has companywide responsibility Corning Fiberglas Corp, His wife, Marylou, Department of Accounting. is a retired executive vice president of Key 1959 for the Asia Pacific region, Services Corp. They live in Toledo, Ohio. Bergren has been 1995 Robert C. Braverman, MSIA, is president of the air president and CVX) of Bran compressor group since 1966 Randall A. Heron is an assistant Management Services, Inc., Dallas, 1992, and from 1994-97 profes.sor of finance at Indiana University- Tex. He has been elected a director of held the additional post Donald L. Griffin, MSIA, is president of Indianapolis. He formerly taught at the Telephone Audio Productions, Inc. He of president, Ingersoll- FTPON Limited in Stewartstown, Pa, He is University of Notre Dame. also serves on the boards of a number Rand Europe, From the former president of Wheaton Industries, of medium-sized and emerging growth 1982-92, he held Xiaochuan "Steve" Wang works for Edward T. Mallory, MSIA, is retired companies and is actively involved in increasingly responsible Lincoln National Corp. (LNC) in Shanghai, from NASA/MSEC and lives in Madison, Ala. their management and growth activities positions in the centrifugal PRC. compressor division, where he last Edwin L. Silliman, Jr., MSM, is owner served as vice president and general 1960 of Silliman's Associates in San Jose, Calif. manager He joined the company in He formerly was CEO of Lindsay's Supplies David R. Everhart, MSIA, is vice 1980 as director of budgeting and & Furniture in San Jose. president/director, sales and marketing, analysis, with irr industries in Morton Grove, 111. Bergren is a former member Lawrence B. Swerling, MSIA, is of the Krannert Schw)! Alumni managing director of Rohmax in Association board of directOR, Philadelphia, Pa, lie is the former managing director of the Rohm & Haas Co.

Kranneri Portfolio 34 Sprinn 1998 C LA TES

1968 30th Reunion Year

James V. Grasso, MSIA, is a vice Ross Returns to U.S. president with SVG Corp., Thermco David J. Ross, MSIA '79, has been Ross explains: "1 have three major FP ^^ T\^^H ''^ ^ P^'" ^" 80 Division, in Orange, Calif. promoted to vice president, worldwide franchi.se areas reporting to me. We work W^^gt^^^M through the cases. human health marketing, Merck & Co,, Robert J. Hayes, MSIA, is director, with the research team to design the ^^^^^^^^H But you Inc, Whitehouse Station. NJ,, as of strategy and business development, with clinical .studies in support of the products, ^^^^^^^^H recognize that Motorola Personal Communication July 1,1997, He w;ts managing director and then map the long-term strategy and you've organized Systems in Libertyville, 111, of Merck's New Zealand subsidiary for how it evolves over time to meet the your thinking in a way that was not 3 '/2 years. competition and the marketplace. possible had you not gone through it," Jon D. Saunders, MSM, has been Ross is responsible for worldwide "We also spend a lot of time he admits. transferred to vice president/network strategy development and programs for supporting the countries, traveling there to As for the future, Ross is services from vice presidenfdirector of three of Merck's therapeutic groups, work with the country' managers and concentrating on "getting some roots computer data services with Mutual of including ophthalmic products, marketing directors, to talk about the here" in the U,S, and caring for his Omaha Cos, in Omaha, Neb. Propecia (for male pattern baldness), various markets, communicate the market family: twins .Michael and Jeremy were and Proscar (for prostate enlargement). strategies, and get feedback to the existing born to him and his wife, Cynthia, Stanley G. Tebbe, MSIA, is president of His job responsibilities on the research strategies," during their New Zealand stay And he Exxon Chemical Asia Pacific in Singapore, side involve a combination of long-term Little did Ross know how those "really hopes at some point to revisit cainpus, strategy and product development. On tough" Krannert courses he took from where he once was involved in recruiting. 1969 the marketing side, he is responsible for professors including Bill Lewellen, Herman "While we're on the subject," he country support, which includes C, Krannert Distinguished Professor of says, "you can tell Prof, kwellen that I J. Michael Ertel, MSIA, is president of working with different countries in Management, and Arnold Cooper, Louis A, still, to this day, don't know how I passed E&I Enterprises, Inc, Batesville, Ind. He is implementing Merck's global marketing Weil, Jr, Professor in Management, would his course. But I guess it hasn't done me the former vice president and general strategies and programs lay the groundwork for his success, "You any hami," manager of the Batesville Casket Co., Inc, ^^^^& don't realize that at the time — because John C. Watkins, MSIA, is president of Chatham Instruments, Inc, West Grove, Pa. He was formerly sales marketing Edward Kolakoski, Jr., MSIR, is a 1974 1975 manager of Chatham Instruments' manager, labor relations, with Mobil Oil Computer Chemical Systems, Inc. Corp, in Fairfax, Va, He formerly was J. Bruce Benskin, MSIA, is now director Edward J. Barrett, MSIA, rear admiral compensation benefits and labor manager of marketing with R,L, Stevens & in the U,S. Coast Guard, has a new po.st as Associates, Inc, Cincinnati. Ohio. He was 1970 for Mobil, commander, maintenance & logistics. executive vice president with the Chas. E Command Atlantic, in Norfolk, Va, His Collins A. Andrews III, MSIA, is Charles T. Ludwig, MSIA, is president of McCurdy Corp. in Camp Dennison, Ohio. previous post was as commanding officer. operations and administration leader of GIL Technologies in Collierville, Tenn, Aircraft Repair & Supply Center, Elizabeth, ESI Group in Little Rock, Ark, Georges Comet de Peissant, MSIA, N.J. is chef du ser\ice maintenance with Gary T. Moore, MSIA, is owner/president 1972 Electrabel-Nuclear Power Plant Tihange in Francine A. LaMattina, MSIR, is a Tihange, Belgium. of Materials Handling Equipment Co. in Karl J. Krapek, MSIA, is an executive manager public relations & marketing, Denver, Colo, He has been elected president vice president and director. United Ronald Blue & Co., Atlanta, Ga. of the national board of directors, Material Willie D. Garth, MSM, is a management Technologies, and president, Pratt & consultant with the U,S, Army in Hanau, Handling Equipment Distributors Whitney See stor}\ page 18. Association, Germany His wife, Sherrell, is an 1976 instructional and curriculum specialist Mike Roberts, MSIR, is vice president- Gary R. Marsh, MS.M, is a fomier Warren H. Walker, MSIA, has retired with the Department of Defense Army human resources with Shaw Industries, employee of the Whirlp{M)l Corp., Benton from finance at Eastman Kodak Co. in Division in Hanau, Dalton, Ga, Harbor, Mich, He and his wife, Alice, live in Rochester, N,Y, Gregory Sinise, MSM, writes: "After Stevensville, Mich. Gregory L. Triplett, MSIA, is an spending nine years full time 'on the road' engineering group leader with 1971 traveling, I'm excited to join Whittman- Karen S. Pedden, MSIA, writes: "I'm a AlliedSignal, Inc., in Olathe, Kans. Hart, Inc. the premier consulting firm full-time Purdue student who ho[)es to James D. Adams, MSIA, is a retired serving the middle market. It will be great enter veterinary school next year" account executive with Exxon Corp,, Exxon 1973 25tfi Reunion Year to be home in Carmel, Ind.. five das's a Victoria Stowe, MSM, is a vice president, Company International in Elorham Park, week with my family We still follow the N J, His wife, Judith, is a consultant, Paul L. Bergren, MSIA, is an executive Wonderware Studios, Wonderware Corp., Boilers at home and on the road, with a Irvine, Calif. Her husband, Daniel vice president with Ingersoll-Rand. See great Christmas at the Alamo Bowl," R. Terri Earnest, MSIR, is a human stori'. page 34. Conrardy, is a partner with Design 3 Architects in Dana Point, Calif, resources manager, Truck Vehicle Center, Joyce A. Triezenberg, MSIR, is a Howard W. Copenhaver, Jr., MSIA, with Ford Motor (lo. Product Development super\isor systems and programming, with is a retired director, transmission Center in Dearborn, Mich, He formerly was rrr industries in Ft, Wayne, She fomierly management, with Contel Corp., 1977 a Ford employee relations manager worked for Neff Engineering Co,, Inc, as a Government Networks Group, in Chantilly, James R. Cramer, MSIA, is vice Joseph C. Hunter, MSIA, is a business systems analyst/programmer Her husband, Va. president/chief infonnation officer with development manager with the Hewlett- David, is a manager/general engineering, Scottsdale Memorial Health Systems, Inc, Packard Co, in Englewocxl, Colo, Alice Flora Smedstad, MSIR, is a with the Franklin Electric Co. in Blufflon, Scottsdale, Ariz, His wife, Mary Jo, is a Previously he was a marketing engineer group vice president, human resources, for Ind, manager-human resources with the Mayo with the company. Dominick's Finer Foods, Inc., Northlake, Clinic in Scottsdale. 111.

Krannert Portfolio 35 .Spring 1998 CLASS NOTES

Master's Alumni continued Ronald P. Mammarella, MSIA, is a Col. Raymond A. Willson, MSIA, is G. Scott McEntyre, MSM, is national sales and marketing manager-Searle with chief, dual use, at the Defense Technology industrial sales manager/sales engineer Thomas J. Lidester, MSIA, is executive the Monsanto Co. in Chicago. His wife, Security Administration/Dual Use with Spectra Precision Surveying, Dayton, vice president of Kirby Risk Corp. in Lorraine, is a homemaker. Licensing in Arlington, Va. Previously he Ohio. Lafayette, Ind. was assistant chief-environmental Douglas R. Powers, MSM, is a vice Donald J. Shinafelt, MSM, is a Bernard G. McNeal, MSM, is director of programs for the U.S. Air Force at Langley president, Smith Barney, in Chagrin Falls, computer scientist with the U.S. Patent & finance and administration at The AFB, Va. Ohio. His wife, Noreen, also works at the Trademark Office, Arlington, Va. Institute for Operations Research and the company as a financial analyst. Management Sciences in Linthicum, Md. 1980 Stephen M. White, MSIA, is manager, 1983 15th Reunion Year 1979 Lance M. Garrick, MSM, is president of decision support, with Caliber Logistics in Mile High Enterprises in Littleton, Colo. Carolyn S. Songey, MSM, has a new Hudson, Ohio. Leigh F. Brooks, MSIA, is supervisor- position as director, capability physics and chemistry with Global Keith S. Murray, MSIA, has been development, with the Moore/Forum Industrial Technology in West Mifflin, Pa. promoted from associate director to Alliance in Lake Forest, III. She formerly 1978 20th Reunion Year director of Purdue University's space worked for the Forum Corp. as an associate Ernest J. Maune, MSM, is vice president Mark Brissman, MSIA, is president of management and academic scheduling. consultant. strategic planning with Amkor Technology, Landmark Insurance Co. in Atlanta, Ga. The office provides class schedules for Inc., in Santa Clara, Calif. He formerly was more than 35,000 students on campus and a controller for Hewlett-Packard Co. in Gayle C. Johnston, MSM, is a vice is responsible for assigning and projecting 1984 Cupertino, Calif. His wife, Laura, is a president and general manager with the classroom, office, and related facilities program manager for Hewlett-Packard in Daniel A. Bagnola, MSM, is a manager- Bausch & Lomb. See star}; page 7. needs of the University Cupertino. market intelligence with The Timken Co., Bruce A. Locke, MSIA, is a materials Jurgen M. Wilms, MSIA, is director/ Canton, Ohio. manager with Oliver Design in Scotts David J. Ross, MSIA, is a vice president office manager of McKinsey & Co. Poland Valley, Calif. His wife, Mary C. Hammond, with Merck & Co, See story, page 35- Thomas A. Justice, MSM, a retired U.S. in Warsaw. He writes: "We opened the office is a teacher Air Force major, is coordinator. of McKin.sey in Poland in 1993 as part of Information System Security, for the the company's push into Eastern Europe, University of South Florida in Tampa. With 25 consultants in Warsaw and close to Cox Receives Top Alum Award 100 consultants in four locations (Moscow, Allan D. Marple, MSIA, is a retired U.S. Prague, Budapest, Warsaw), McKinsey is by Army colonel. He currently attends George C. Russell Cox, MSIA '81. BSChE '80, and eventually joined the board of far the largest and most successful top-line Washington University, Washington, D.C. attorney/partner with Leagre Chandler directors. consultant in Eastern Europe!" His wife, Debra, a CPA, is a controller at & Millard, has been named Alumnus of His activities in community Wilmer, Cutler & Pickering. the Year by the Boys and Girls Clubs of organizations include past president of Indianapolis for his community the Far From Home Foundation, which 1981 activities and professional achieve­ provides transitional housing to homeless 1985 Irene M. Binash, MSM, is a customer ments. The award was presented at the veterans. Says Cox: "One of the Far From .service manager at Exxon Chemical Co,, Robin Heffernan Beck, MSIA, is 31st Horatio Alger Dinner Home's functions is to provide housing Exxon Corp,, in Houston, Tex, Previously associate vice president, ISC, at the on December 4th. Also for veterans who have been homeless, she was a business planner for Exxon, Her University of Pennsylvania in Philadelphia. honored was Judy have gone through rehabilitation husband, Brian, is an executive vice O'Bannon, First Lady of programs, and now have their first job or president with Emerald Homes, G. Christian Fridholm, MSM, is Indiana. are attending school. Housing helps them pricing director-consumer imaging with The Boys and Girls get accustomed to being part of a C. Russell Cox, MSIA, is Alumnus of the Eastman Kodak Co. in Atlanta (llubs is a youth guidance neighborhood and a functioning part of the Year for Boys and Girls Clubs of Richard A. Sayers, II, MSIA, works for organization that assists society again," Indianapolis, See story, left. young people in developing Cox, who was recently named a co- Price Waterhouse LLP in Cleveland, Ohio. values and skills for managing partner at his firm, credits the John P. Graham, MSM, is a distribution Jib C. Yu, MSM, is president of personal growth and achievement, with Krannert curriculum for much of his services manager with the Hewlett-Packard International Financial Consulting Co., a primary focus on those from success as a business lawyer. He Co, in Roseville, Calif, Ltd., in Taipei, Taiwan, ROC. disadvantaged circumstances. The remembers his classes as both informative Curtis A. Spillers, MSIA, has a new Horatio Alger Dinner is named for the and entertaining, "My MSIA comes into position as a vice president with Duff & author whose rags-to-riches characters use on a daily basis. Because the firm 1986 Phelps Credit Rating Co. in Chicago. begin life in poverty and achieve wealth represents high growth manufacturing Douglas R. Amick, MSM, is an and success through the virtues of and technology companies, we work with Leslie Nasser Yewell, MSIR, writes: investment broker with Hilliard Lyons in honesty and hard work. a lot of entrepreneurs. Prof. Arnold "1 was promoted in October to director, Lafayette, Ind. Cox, who serves on the Krannert Cooper really sparked an interest in both human resources, Ghirardelli ChcKolate School Alumni Association board, working with entrepreneurs and being Co., in San Ixjandro, Calif,, and am .still qualifies well as an Alger hero. He grew one. And, of course, he told some great able to work flexible hours (.some William R. Bacon, MSIA, is a retired up attending the Clubs, where he got his stories!" telecommuting). Our second daughter, principal consultant with the General first job and where he subsequently He says his future plans continue to Courtney Lyn, was born March 1,1997." Electric Co. in Rockville, Md. received .scholarships to attend Purdue. focus on building his law firm. "Our goal William C. Brown, MSIA, is an associate He was a student member of Purdue's is to make I-eagre Chandler & Millard a 1982 |)artner with Andersen Consulting LLP in Board of Trustees from 1979-81. After leader in assisting innovative businesses Atlanta, Ga. His wife, Paige, is a vice returning to Indianapolis, he became a seeking to go public, Busines.ses like these Bruce C. Cable, MSIA, is a consulting president with SunTrust Bank in Norcross, volunteer for the Bovs and Girls Clubs, will fuel job growth in the next century actuary with William M. Mercer, Inc., Ga and strengthen our communities," Seattle, Wash. His wife, Jolene, is a system consultant. Tom Hoffacker, MSIR, is corporate operations manager with IHS Home Care in Brunswick, Ga.

Krannert Portfolio 36 .Spring P)VH CLASS NOTES

Janice L. Kunz, MSM, is now a Michael A. Walsh, Jr., MSIA, is vice Cheryl L. Melchior, MSM, is a homemaker, having retired from United president marketing and business marketing deputy director with AT&T- Quillen Sets Up New Airlines as a business manager She is development with Mansulex Environmen­ Submarine Systems, Inc., Morristown, NJ. Plant married to Kendall Kunz, BSM '88. tal Technologies in Lebanon, Pa. Julie E. Myers, MSM, is a self-employed Margaret Quillen, MSM 86, Barbara Lane, MSM, is a manager with Raymond F. Wise, Jr., MSM, is a senior business consultant in Indianapolis. Her human relations manager for the CCI Cellular One. She is married to Jon M, consultant with Deloitte & Touche husband, C. Jeffrey, MS '89, is an MD at lAMS Co., is busily engaged in the Lane, MSM '86. Consulting Group in Boston, Mass. He Mahel. start-up of a new production facility in formerly was a resource manager with Leipsic, Ohio. Jon M. Lane, MSM, has a new position Ocean Spray Cranberries, Inc., Henderson, Rod T. Tos, MSM, is a property Her many as controller with Ford Motor Co.- Nev. development specialist for Chevron USA Wayne Assembly in Wayne, Mich. He responsibilities include Products Co. in La Habra, Calif. previously was a supervisor with Ford selection and training of Stephen R. Vonderhaar, MSIA, is a He is married to Barbara Lane, MSM staff, compensation, and 1988 lOtfi Reunion Year plant safety. She also is the marketing director with 3Com Corp. in company's representative Michael J. Borovich, MSM, works for Hertfordshire, U.K. He previously was sales/ John P. Larson, MSM, is finance in the local community. the Ford Motor Co. in the Chicago marketing director with EASl in Irvine, director with the General Motors With the lAMS Co. Assembly Plant. Calif. Corp. GM Fleet Division in Warren, a year, she is a former Jason Dyer, MSM, is a senior project Randy S. Winner, MSM, is senior brand Mich. His wife, Regina, is a regional sales director of training and development manager with NCR Corp. in Dayton, Ohio. manager with The Coca-Cola Co., Minute manager with Oxford Industries in Georgia, He is married to Margaret Rose Dyer, Maid Division, in Houston, Tex. where she also launched a Joseph A. Madamba, Jr., MSIA, is vice MSHRM '87. manufacturing site. Michael E. Werner, MSIA, is manager president of Fleet Financial Group- Quillen cites the high pressure, Brian W. Hicks, MSM, is a distribution systems development for Federal Express corporate strategy and development, in real-world environment of Krannert in sales manager with Motorola Computer Corp. in Memphis, Tenn. Boston, Mass. preparing her for corporate life. "The Group in Tempe, Ariz. His wife, Elaine, Ushani M. Zebooker, MSM, is an Allen R. Merriman, MSIA, is a classes had a short-deadline, get- PhD '91, works for Intel Coq). in human international program manager with the manager/management consulting with things-done atmosphere. Also, the resource development. U.S. Postal Service in Washington, D.C. A.T. Kearney, Inc., Alexandria, Va. broad range of courses helped me get exposure to a lot of different areas. Kent D. Taylor, MSIA, is a manager, Alice J. Purdy, MSIA, is a financial This is very helpful when controllers math-based planning, with General Motors 1990 analyst with the Lockheed Martin Corp. or people from other areas talk with Coqi in Warren, Mich. Ocean & Radar System Division, Syracuse, me. I have the background to David H.S. Chan, MSM, is a corporate N.Y. Her husband, Girard, is an electrical planning manager/management understand it, to follow it, and to 1989 engineer with Niagara Mohawk Power contribute." representative with Toko America, Inc., in Corp. For the next several years, Elizabeth Bostwick, MSHRM, is a Mount Prospect, 111. Quillen will be "consumed with director, human resources, with Magnetek Margaret Quillen, MSM, is a human Earl R. Major, MSHRM, h;is been getting the plant up and rtmning" in St. Louis, Mo. She is married to Peter J. relations manager for the lAMS Co. See promoted to manager, neuroscience and developing the work system. Bostwick, MSM '89. story, right. discovery research, with Eli Lilly and Co. in Production begins in fall 1998. Peter J. Bostwick, MSM, is a logistics Indianapolis. He was recently certified ;is a James D. Selander, MSM, is a finance systems consultant with Sherwood Systems senior professional of human resources by executive-minivan & international finance George Eisner, MSIA, is marketing and in St. Louis, Mo. He formerly worked for the Human Resources Certification with Chrysler Corp. in Aubuni Hills, Mich. sales manager for Telecom, Argentina's Traid Technologies, Inc. He is married to Institute. He resides with his wife and five Mitchell S. Walker, MSM, writes: I Payphone Business in Buenos Aires. He and Elizabeth Bostwick, MSHRM '89. children in Indianapolis. have relocated and am living in I.exington, his wife, Ines Maria, have two sons, ages 6 Richard S. Fuhr, MSM, has a new Tommy Newton, MSM, is a customer Ky, with my wife, Cheryl, and two children, and 3. position as a jirincipal consultant. Cap support manager with Astra Merck in Natalie and Major I am working for the Christian A. Garcia, MSM, is controller, Gemini America, Wilmette. 111. He is Franklin. Tenn. Imaging Solutions Division of I^xmark, The Americas, for Landmark Graphics in married to Catherine M. Fuhr, MSIA '89. International, as the vice president and Xiaochuan "Steve" Wang. See PhD Houston, Tex. general manager of the U.S." Randall J. Lewis, MSM, is vice Alumni 1995. Arthur J. Hein, MSIA, is vice president of president, coqiorate development, with Jarchem Industries, Inc., in Newark, NJ, Norwest Coqi. He is a KSAA board member 1987 1991 His wife, Kathleen Hale, is a director, Roderick J. Mclntyre, MSM, is an Christopher T. Ball, MSIA, has a new human resources, with Prudential in assistant vice president with Winterwocxl W. Scott Hanson, MSHRM, is a job as manager, business development, Roseland, NJ. Mortgage in Greenwood, Ind. His wife, [personnel manager with M&M Mars in with International Rectifier in El Segundo, Hackettstown, NJ. Keith A. Horenstein, MSM, is a Marquette, is a credit analyst with ('alif. He comes from a manager, sales and consulting manager with Andersen Anacomp, Inc., in Carmel, Ind. programs, i)osition with TRW Automotive Electmnics, TRW, Inc, Coasulting LLP in Washington, D.C. Chitrapa Wacharasindhu Margaret Rose Dyer, MSHRM, has a Khajornrungrueng, MSM, is director of MARKETING PROFESSIONALS new position as learning realization PC Intertrade Co.. Ltd., Bangkok, Thailand. manager with NCR Corp, in Dayton, Ohio, Her husband, Preecha, is managing She is married to Jason Dyer, MSM '88. If you are interested in being involved in the Krannert Graduate director of PC Intertrade. Marketing Association (KGMA) as a guest speaker, case Shuichi Tanigaki, MSIA, is manager, competition judge, or mentor, please visit KGMA's Web site at international education, at NEC University, Ltd., Tokyo, Japan. http://wvvw3.mgmt.purdue.edu/Masters/Kgma

Krannert I'ortfolio 37 .Spring I9')H C L A

Master's Alumni continued Joe Norsworthy, MSM, has been Cecelia Low, MSM, is a senior financial George E. Trent, III, MSM, is a plant promoted to director of marketing strategy analyst with Hallmark Cards, Inc., in manager, silicas and specialty catalyst James N. Jones, MSM, is a manager, and planning support for Walt Disney Kansas City, Mo. division, with Degussa Corp. in Chester, Pa. crude supply & transportation, with Amoco World in Orlando, Fla. He first began work Business Services, Amoco Corp., in Tlilsa, at Disney World in 1981, then left to get his Okla. MBA from Purdue, where he graduated first 1995 John Krenicki, Jr., MSiM, is a in his class with a double major in finance Stan Juday, MS»M, is director, exchange Undergraduate managing director of GE Silicones Europe, and strategic management. He returned to business unit, with PC Service Source in The Netherlands. He is a former general Disney in 1995, joining the newly formed Dallas, Tex. Alumni manager sales with GE Plastics. brand management group. He was promoted to manager of marketing Tsutomu Kumakura, MSM, is David R. Lewis, MSM, is a senior planning support in January 1997, planning, system, control, and 1950 marketing manager with Merck & Co., responsible for staffing and developing a implementation manager of the Flsso Charles E. Scifres, BS (IND ECON), Inc., U,S. Human Health Division, in West marketing strategic planning function. Sekiyu KK (Exxon Japan) Customer Service retired in 1986 as a district manager with Point, Pa, Department, Tokyo. David C. Shadle, MSM, is president of Western and Southern Life. He and his Marsha A. Mishler, MSM, is a principal Global Advantage in Wyomising, Pa. He is Michael J. Ring, MSM, writes: "I'm a wife. Norma, live in Morton, III. of Project/Process Services, a general the former environmental/regulatory project manager with Lucent Technologies management consulting business in affairs director of General Public Utilities in Norcross, Ga. I support three global 1952 Louisville, Ky She is a member of the Corp. manufacturing ventures that are part of Krannert School Alumni Association board Lucent's Fiber Optic Business Unit." Robert M. Scheinfein, BS (ECON), is of directors, the retired president of Scheinfein 1993 5th Reunion Year Staci Silber, MSM, is customer service Associates, Inc., Reading, Mass. He and his Cynthia M. Proffitt, MSHRM, is a business program manager with ,Sequent wife, Pauline, live in Andover, Mass. human resource manager with Steak 'n' Sau-Lin Chan, MSM, is assistant to the in Beaverton, Oreg. Shake, Inc., Indianapolis. She also is vice finance director, Lee's Machinery Ltd., in Brad Williamson, MSM, is RRC president of programming, Human Hong Kong. She is married to Bob Y. Chan, 1955 Resource Association of Central Indiana; is PhD '94. implementation manager with an Ardath Burkhart leadership Series Nutraceutical Corp., Park City, Utah. The Edwin A. Bescherer, Jr., BS (ECON), is alumna; and has a senior professional- Keith A. Lutz, MSM, has transferred company is part of the healthcare products retired from The Dun & Bradstreet Corp. He human resources (SPHR) certification. from market development manager to industry with such subsidiaries as Premier and his wife, Jane, a decorator with Jane group marketing manager with Avery One, Solaray, KAI., Veglife, and Bescherer Interiors, live in Wilton, Conn. Dennison in Hong Kong. Natural/)/«.r. 1992 Helmut Schwarz, MSM, works in 1957 Wendy L. Bowlin, MSM, is a senior corporate planning at Voest-Alpine Stahl 1996 financial analyst with Bulkmatic Transport Linz GmbH, Linz, Austria. James A. Skeoch, BS (IND ECON), is in Griffith, Ind. Her hasband. Rick L. Odie, Myles Bassell, MSM, writes: "Effective owner of Skeoch Recreation Equipment in is president of Talbert .'Vlfg. in Rensselaer, Steven D. Senneff, MSM, is a manager January 1, 1998,1 was promoted to the Jen.sen Beach, Fla. Ind. of corporate planning and development position of Pyrex Product Manager at with ACNielsen in Stamford, Conn. He Corning Consumer Products Co." Timothy R. Broadhead, MSM, is a recently received both certified 1958 40th Reunion Year controller with New England Business management accountant (CMA) and Jon W. Curtis, MSM, was promoted to Stephen J. Jennings, BS (ECON), is Services, Townsend, .Mass, corporate financial manager (CFM) local manager, GTE Network Services, CEO of Falworth, Inc., in Seattle, Wash. His certificates. Irving, Tex., on June 30,1997. Evan W. Fleisher, MSM, is a manager, wife, Kathleen, shares the CEO position. decision support and forecasting, with Eric E. Wolter, MSM, is a financial Charles B. "Bret" Joslyn, MSIA, is vice William L. Kidney, BS (IND ECON), a Sears Ix)gistics Services, Inc., in Hoffman manager with Dell Computer in Round president operations with Joslyn Mfg, Co., retired educator with Sylvania City Schools, F^states, III. He is a former consultant with Rock, Tex. Inc., in Macedonia, Ohio. Sylvania, Ohio, has been recognized as the KPMG Peat Marwick in Chicago. Douglas L. Neff, MSM, is a Sumter County, Fla., Senior Volunteer of His wife, Jill, MSIJ\ '92, is an assistant manufacturing engineer with Visteon in the Year 1997-98 with the Sumter County professor at Dominican University in River 1994 Plymouth, Mich. School System. Forest. 111. Aysegul Arsoy-Purazer, MSIA, died February 21 from pulmonary hypertension. Whitney G. Tantleflf, MSM, is a Donald G. Raider, BS (IND ECON), is a Elizabeth M. (Bricker) Kuenstler- She had been working with a group in manager, performance analysis, with Frito- .senior vice president with Cendant Corp., Meyer, MS.M, has a new position as a Istanbul, Tlirkey to establish a new Lay in Piano, Tex. Wingate Inns Hotel Division, Parsippany, marketing director with Eastman Kodak in university and had been working toward a N.J. He has been awarded, for the .second Palo Alto. Calif. She previously was a brand PhD. She and her hu.sband, Mehmet, were consecutive year, the Senior Vice President manager for the company in San married in .March 1997. 1997 of the Year award for hotel division Francisco. Her husband, Stuart Meyer, is a franchise sales. personal and professional coach with Bradley J. Heilman, MSIA, is senior Greg Anderman, MSM, is a location Lifepath Coaching in Woodside, Calif. ass(x:iate consultant with Coopers & manager with Otis Elevator Co. in Lybrand LLP in (;hicago. He is married to Chariotte, N.C. 1959 Carrie Heilman, PhD '97. Eric C. Rossol, MSM, is a manager, Jerry L. Weisenauer, BS (IND ECON), Kendra K. Kitchel, MSM, is a product manufacturing systems engineering, F-22/ is a retired senior vice president, manager for Old Kent Financial Corp. in F-119 Program-Advanced Military Engines, operations, Prestolite Electric, Inc. He and (irand Rapids, .Vlich. Her husband, with Pratt & Whitney in East Hartford, his wife now manage Triangle Investments Thomas, BSRHr89, is a sales Conn, He is currently working on the F-119 LLC in Angola, Ind. representative with Hiiti Inc. engine for the U.S. Air Force F-22 fighter, a new generation of fighter aircraft that is replacing the F-15. His wife, Jean, is a pmgram manager for Pratt & Whitney.

Krannert Portfolio 38 .Spring 1998 CLA TES

1960 1964 Thomas B. Boots, BSIM, is a financial 1968 30th Reunion Year consultant-vice president with Merrill Walter J. Burr, BS (IND ECON), lives Richard Dauch, BSIM, has been named Lynch & Co., Inc, Dayton, Ohio. His wife, Donald D. Counsell, BSLM, is vice with his wife, Donna, in 'llicson, Ariz. He Crain s Detroit Business Newsmaker of Suzanne, is owner of Senses in Dayton. president-sales with Ameritech Ix)ng worked for LTV Steel Co. in Cleveland, the Year for 1997. He is president and chief Distance Industry' Services in Hoffman Ohio. executive officer of American Axle & James R. Heinrich, BSIM, is a sales Estates, III. He was formerly a strategic Manufacturing, Inc. See slory. page 22. manager for BACOMPT in Carmel, Ind. planning director with Ameritech Corp. in Robert Mcllroy, BS (IND ECON), is an Chicago. attorney with Mcllroy & Aiisociates in Max G. Dill, BSIM, is a sales engineer Henry "Hank" Rahe, BSIM, is director- Quincy, Calif, He is the recent president­ with Productivity, Inc., Urbandale, Iowa. technology with Contain-Tech in Larry E. Juday, BSM, has his own elect of the Plumas County Bar Indianapolis. He h;is been elected president practice, Larry Juday Attomey-At-Law, in Stanley C. Ellspermann, BSIM, is vice of the International Society of Vancouver, Wash. He previously was president, human resources, with National Pharmaceutical Engineers (ISPE), an attorney/vice president of Morse & Bratt. 1961 Intergroup, Inc., Fourth Avenue, Pa. His organization for technical professionals wife, Helen, is a retired executive vice involved in healthcare with over 10,000 Rene R. Lewin, BSIM. is a vice president Paul S. Eninger, BS (IND ECON), writes: president-administration with Mack members woridwide. human resources with American Home "1 have retired after 33 years' service with Trucks, Inc. Products in Madison, NJ. the federal government as a research and William G. Willis, BSIM, is a retired development contracts negotiator I worked Richard J. Erb, BSIM, has a new analyst with the U.S. Air Force, Elmendorf Richard L. Pottenger, Jr., BSLM. is a for the l),S, Air Force and the U,S, position as manager, Deloitte & Touche AFB. Ark. manager. HR programs, with LcKkheed Environmental Protection Agency I'm now LLP Detroit. He was formerly director, Martin Corp.-KAPL. Inc. in Schenectady, a security analyst with Merchants Guard international compensation, with GD N.Y Co. in Cincinnati, Ohio." Searle & Co. 1967

Walter E. Helmick, Jr., BSIM, is Stephen T. Fittz, BSIM, is retired from R. Terri Earnest, BSIM. See M-aster's 1969 president of WEH Faber, a limited Delphi (;hassis Systems and lives with his Alumni 1971. Michael C. Alma, BSIM. is director Asia/ partnership in Downey, Calif. wife, Sandra, in Dayton, Ohio. Stephen M. Michell, BSIM, is president Pacific with DeIco Remy America in Jack E.Johnson, BS (IND ECON), is John E. Krupin, Jr., BSIM, is now of Global Infonnation Technology Services Anderson, Ind. His prior position with senior vice president of Independent employed as director of purchases with in Little Rock, Ark. His wife, Marjorie, Delco Remy was as a plant manager. Fiduciary Services in Washington, D.C. Shamrock Industrial Fasteners in Itasca, BSCFS '71, is president of The Victorian General Motors Corp., in .Meridian, Miss, 111. He formerly was a buyer for Medalist Garden in North Little Rock. Fred M. Lowary, BSIM, is an attorney Fasteners in Chicago. Richard R. Coklesser, BSIM, is a whose law practice is in Anaheim, Calif. Harold E. Moses, BSIM, is a program controller for Tasus Corp, in Indianapolis, Marc F. Nusbaum, BAIM, is a retired director with RTCA, Inc., Washington, D.C. Ronald G. Morris, BS (IND ECON), is Lawrence R. Fleming, BSLM, is the Nationwide Insurance agent and now sales and marketing manager for the Theodore A. See, BSIM, is chief retired president of I.uminatac Inc. works as an as.sociate at the Broward Hemiwedge Division of Hunt Valve in operations financial officer with H J. Indianapolis. His wife, Jean, is president of County Library. He and his wife. Sherry, Houston, Tex. Pertzborn Plumbing and Fire Protection Broad Ripjile Power & Lighting Co. live in HolKwood, Fla. Corp. in Madison, Wise Neil P. Narter, BSIM, is general John J. Greiwe, BSIM, is vice president manager of Copa Casino in Gulfport, Miss. William L. Treffinger, BSIM, is a sales of options with Batesville Casket Co., Inc., 1965 He formerly worked for Fitzgeralds Casino engineer with Teco Westinghouse in Batesville, Ind. He previously served as in Black Hawk, Colo. Lynn R. Coy, BSIM, is owner/venture Spartanburg. S.C. sales development vice president for the capital and consulting of Wabash company R. Andrus Nash, BSIM, is the retired Investments, Inc., Dresher, Pa. Coy writes, president of SunTrust Bank, Atlanta, Ga. He Thomas N. Howard, BSLM, is director "I sold my previous company, Cummins Berry Picked as CFO and his wife. Patsy, live in Eatonton, Ga. of MCI Systemhouse in Minneapolis. His Power Systems, Inc., on July 31,1997, and Andrea J. Ganley Berry, BSIM 72 wife. Susan, BSS '69. is a sales associate started Wabash Investments. I am currently and honor student, has been promoted with Burnet Realty in Wayzata, Minn. 1962 a trustee and chair of buildings and to chief financial officer grounds for the Purnell School, a grade 9- T. Michael Jean, BSLM, is a James R. Kittle, BS (IND ECON), is of A.J. Martini, Inc., 12 boarding school for girls in Pottersville, director-HR business oiwrations director of compensation forQualex, Inc., General (Contracting, in N.J.­ group with EMC Corj). in Hopkinton, Durham, N.C. He previously was manager, Maiden, Mass. David L. Scott, BSIM, is a profes.sor of Ma.ss. Dayton Steel Foundr\', for Qualex. A certified public finance at Valdosta State University in accountant, she came to Paul G. Miller, BSIM, is general \aldosta, Ga. He co-authored Ihe Coniplele thefimiin 1993 as manager with Cycle Werks of Orange 1963 35th Reunion Year Guide to the National I'arli Lodges. controller with 18 years County. Calif. His wife, .Marilyn, published by Globe Pequot Press of Old ofex|)erience in public James F. Atkinson, BS (INI) ECON), BSCFS '69, is a freelance interior Saybrook, Conn. accounting and three is COO and marketing consultant with designer. years as a financial consultant. She Marketing ManagenienI in St. Louis, Mo. Paul J. Szych, BSIM, is new program currently serves as secretary of the David E. Prcssier, BSIM, is author of manager with Xerox Covf. in Webster, N.Y Carleton R. Crowell, Jr., BS (INI) Constrtiction Financial Management the Iheor}' of Unity. He lives in Goshen, ECON), is a retired manager, international A.s.sociation of Massachusetts. Ind. communications, with the 3M Co. He lives She and her husband, Rob, a 1966 Jean L. Tipton, BSIM, is a partner with in Punta Gorda. Fla. director N.A. TeleSales for Cognos Baden, Gage & Schroeder, LLC. in Fort James W. Barr, 11, BSIM, is an Corp., live in Reading. Mass. inventory systems manager for Dana Corp. Wayne, Ind. in Churubusco, Ind. His wife, Ellen, is a learning center manager with IKON Technology Ser\ices in Fort Wayne, Ind. CLASS NOTES

Undergraduate Alumni continued James B. Linton, BSIM, has a new job Rene M. Cabeza, BSM, is a sales Joseph H. Mihalko, BSLM, is controller as .southern district sales manager, Clark representative with Lozier in Omaha, Nebr with the Origa Coqv, Elmhurst, III. Daniel R. Wiseman, BSIM, is a senior Foodservice, Inc., Cadillac Division, in organization development coasultant with Cadillac. Mich. Previously he worked as Kim J. Sermersheim, BSIM, is a D. Gray Williams, BSIM, is a vice United Airiines in Elk Grove Village, III. He seafood and import senior buyer with technical manager with Hormigongs & president, business systems, with 3Com writes, "I w;is videotaped for the Harvard Gordon Food Service in Grand Rapids, Agregados Rocapuerte in Guayaquil, (k)rp. in Morton Grove, III. University Series on Business Leadership in Mich. Ecuador. the Social Sector, and served as a mentor for our Welfare to Work Initiative. The Jeffrey M. Mehaffie, BSLM, is Pacific David K. VanZandt, BSM, is a Web 1977 application developer for the City of Harvard study culminates in a conference region manager with Tony's Pizza Service, Gail M. Blubaugh, BSM, is warehouse Indianapolis. His wife, Heidi, PhD '88, on corporate social responsibility in April." Inc., Poway Calif. He is a former division manager with 'IT, Inc., in Oakbrook, HI. manager for Schwan's Sales Enterprises in works for the MED Institute, Inc., in medical education and research. She will enroll at National-Iiiwis University Murrieta. Calif. this spring. 1970 Mike Roberts, BS (ECON), See Master's Joseph L. Kennedy, BSIM, is a district Kevin L. Bottorff, BSIM, is director Alumni 1972, 1975 agent with Northwestern Mutual Life national accounts with Kraft Foods in Judith Johnson Brown, BSM, is a Insurance in Lafayette, Ind. Ross S. Taylor, BSM, is managing Glenview, 111. human resources specialist with Family director of RTI in West Chester, Pa, Leonard G. Musick, BSIM, is executive Resources, Inc., Bettendorf, Iowa. She is a Dennis L. Fulford, BSM, is director of the Hodges Foundation, Many former personnel manager with Reliant manufacturing and materials manager La. 1972 Fastener in Rock Falls, III. Her husband, with the 'llithill Corp. in Ft. Wayne, Ind. Terr); MSAgE '74, is a territory manager Glenn M. Pav, BSLM, is corporate Andrea J. Ganley Berry, BSIM, is Donald B. Gilmore, BSM, is vice withjohn Deere & Co. financial manager of Graves Spray Supply, chief financial officer of AJ, Martini, Inc president, national product management, Inc.. Clearwater, Fla. See slory. page 39. Bennett C. Creed, III, BSM, is director with Banc One National Treasury marketing partnerships for the Florida Management Services in Phoenix, Ariz. William T. Rice, BSLM, is owner of Willie D. Garth, BSIM, See Master's Marlins Baseball Club in Miami. William T. Rice & Associates in Alumni 1974. Margaret M. Kensicki, BSIM, is a Indianapolis. His wife, E.J., is a retired Wendell L. Harvey, BSLM, has principal with Computer Sciences Corp. in Robert M. Katowitz, BSLM, is video director of consumer affairs for Paul Harris transferred from manufacturing engineer Cleveland, Ohio. manager/retail systems with Schnucks Stores. Inc. to QKO manager with General Mills, Inc. Markets #705 in Evansville, Ind. His wife, Robert J. Koprucki, BSM, writes: "As in Minneapolis, Minn. His wife, Kerry, BSS Richard W. Shuppert, BSLM, CPl.M, Carol, BSCFS '72, is a special education president of SRG/Strategic Resource Group, '77, is a sales manager with Medallion CIR.M, CPM, is vice president of materials teacher with the Evansville Vanderburg a specialized performance improvement Labs in Minneapolis. with the American Water Heater Co. in .School Corp. company in William.sville, N.Y, I work with Johnson City, Tenn. Chris N. Hinkle, BSIM, is pastor of St. performance management consultant Dr Donald L. Norman, BSIM, is deputy John Lutheran Church, Luverne, Minn. Edmund J. Freedberg, author of the book Thomas M. "nirner, BSIM, has joined auditor for the State of Ohio Office of the Activation: the Core Competency, and the law firm of Doepken Keevican & Weiss, Auditor in Cleveland. He is a former Alan D. Parker, BSM, is owner of Parker represent to corporations his acclaimed Pittsburgh, Pa, as a partner in their controller for St. Ignatius High School. Consulting in West Lafayette, Ind. He 'Self Management System' process, which Cleveland office. He concentrates his previously worked in consulting/public Joyce A. Triezenberg, BSIM. See is based on his book." practice on closely-held busines.ses and relations with Food Finders Food Bank. Master's Alumni 19^4. their owners, including succession Roger A. Lossing, BSM, CPA, CFP planning, business ownership strategies, J. Michael Tierney, BS.M, is northeast and JI), is a wealth transfer planner/tax regional manager with Chugai Boyeki and .shareholder disputes. He is admitted to 1973 25th Reunion Year attorney for Banc One Investment Advisors practice before the U.S. Tax Court and also (American) Corp., Toli International Coqioration in (Columbus, Ohio. He is is a CPA. His JI) is from the University of Timothy L. Eller, BSLM. is a consultant Division, in Commack, N.Y He was a former .senior manager with Ernst & Pittsburgh Schcxil of Law. for land management .services with Eller formerly northeastern regional manager Young LLP. Land Management & As.s(Kiates, Flora, Ind. with Flexco Co. in Tliscumbia, Ala. His His wife, Marcia, works in the Trust wife, Jo, BAElEd '75, is a third-grade Michael Northington, BS.M, works for 1971 Department-Client Serv ice of Bank One, teacher for Howell Townshij) .Schools in UniSource Woridwide, Inc., Dallas, Tex. Lafayette, Ind. Howell. N.J. His wife, Linda, BAIA '75, is a senior sales Robert G. Albregts, BSIM, is vice administrator with GTl'; Corji. president-operations of Pay I,ess Super William B. MuUer, BSIM, is a Markets. Inc.. Anderson, Ind. marketing manager with FO.SS 1976 NIRSystems, Silver Spring, Md. 1978 20th Reunion Year Larry E. Colglazier, BSLM, is a Nancy B. Blume, BSIM, is lead analyst management information specialist at Richard A. Sayers, II, BSLM See programmer with the Mayo Foundation, Laura Kummerer Clegg, BSM, is a Purdue University, West Lafayette, Ind. Master's Alumni 1985. Rochester, Minn. financial planning manager with Texas Instruments, Inc., Piano, Tex. Her Kenneth M. Cook, BSIM, is a vice Gregory Sinise, BSLM. See Master's Thomas Lewicki, BSIM, vice president husband, Al, is a manager of data president, compensation and benefits, with Alumni 1974. finance, controller, treasurer, and secretar}' warehousing with Texas Instruments, CNA in (Chicago. of the board of Spyglass, Inc, Naperville, William E. Wenner, BSIM, is president 111., writes: "1 received a master's in Pamela K. Graham, BSIM, is director, Allan C. Dome, BSLM, is a .senior of Wenner& A.s.sociates in Findlay, Ohio. accountancy from the University of Illinois cu.stomer energy .s[)ecialist with Consumers information technology, with Allegiance in 1979. We took Spyglass public in 1995 Energy in Grand Rapids, Mich. Healthcare International Inc., in 1974 as a pioneering company in Web Waukegan, III. technology for devices such as TVs, cell Michael C. Barber, BS.M, is a channels phones, printers, copiers, pagers, and other Mark L. Psaltis, BSM, is director SBC executive-.Southeast Asia with IBM in commercial office and consumer electronic Wari)urg Dillon Read, Inc., Chicago. Atlanta, Ga devices."

Kranneri PortpMo 40 Spring P)')8 CLA ?i, .,ff,0 TES

Carol S. Steinkamp, BSIM, is an Leslie Nasser Yewell, BSIM. See 1981 Reginald K. Demic, BSM, has assistant vice president, planning and Master's Alumni 1981. transferred from business manager to analysis, with Comdisco, Inc, in San J. Michelle Hoppes, BSM, is a director administrative services with Pima Diego, Phyllis M. Zaenglein, BSM, is a consultant and lives with her husband, Community College in lYicson, Ariz. department secretary at the Northern Bruce, in Fishers, Ind, John L. Tharpe, BSM, is a financial Michigan University Department of Debra Wrightson Gallo, BSIM. is a analyst with Lincoln National Corp. in Ft. Education, Marquette, Mich. Her husband, Eric R. Korb, BSLM, writes that he and staff accountant with Allstate Insurance Wayne, Ind. Irvin, PhD '80, is a professor of MM/CIS at his wife, Susan, have a son, Kyle Reed, Co. in Northbrook, 111. Northern Michigan's School of Business. born December 3, 1997- Peter J. Thoesen, BSM, writes: "I Jaime Garcia, BSM, is an assistant plant recently started a new business of Amy Winkelman Lutes, BSM, is a controller with GKN Automotive, Inc., in distributing off-road construction dump 1980 cargo manager with United Airlines in Mebane, N.C. trucks: I'm sales manager of DDT Trucks of Wheeling, III. Donald R. Baumgardt, BSM, is Elizabeth S. Grocki, BSM, has a new North America, Ltd. I also got my jirivate president of El Paso/Horizon, Inc., Mark R. Nelson, BSIM, is a sales position as marketing manager with pilot's license, bought a private plane, and Travelhost Magazine, El Paso, Tex. manager with Tech-Syn Corp. in Lucent Technologies in Carmel, Ind. She am having fun living around North Blooniingdale, III. previously was a senior systems consultant Aiuerica selling trucks." Mark J. Kendle, BSIM, writes: "I was with AT&T recently promoted to assistant vice Jeffrey M. Piety, BSM, is a sales Linda Smith Truelove, BSM, is a CPA president at Kirkjiatrick Pettis (Denver, executive with Inland Paperboard & Eric J. Hargens, BS.M, is first vice in Pewaukee, Wi.sc Her husband, Mark, (]olo.), the investment banking subsidiary' Packaging in Indianapolis. president financial ad\isor at \'an Kampen BSEE '78, is a manager-emerging of Mutual of Omaha, where I am director, American Capital, Oakbrook Terrace. 111. technologies with the Compuware (;orp. in Ed Potts, BSM, is owner of the Ed Potts quantitative group, in the Public Finance Milwaukee. Agency/Nationwide Insurance, a department. I aLso sit on the board and James M. Kinney, BSIM, is president of community agency in Indianapolis. Since loan review committee of Business Ca|)ital Canal Technologies, Inc. Indianapolis. He 1993, he has been a member of the board of Colorado, a small business community is the former vice president/general 1979 of directors of Westminster Village North, a lending cori»ration." manager at (Communications Products, Cynthia Bronson, BSM, is an assistant not-for-profit retirement conimunity. He is Inc. general counsel for the Metrojwlitan Life John E. Lerchen, Jr., BSM, is president the 1997 winner of the Nationwide William J. Leblanc, BS.M, is aconiputer Insurance Co. in Oak Brook, 111. of Lerchen, Inc., Residential Builders, in Insurance Co. Agent Service Award for the and business teacher at .Mountain Empire Indianapolis. state of Indiana in recognition of his Richard L. Byrne, BSIM, is a marketing community involvement, charitable High School. Pine Valley Calif. He is a director with NCR (]orp. in Dayton, Ohio. Marvin Maddox, BSM, has been contributions, and agency performance. He former reinvestment account officer for appointed Asia-Pacific manager by Precor also is the 1997-98 president of the Geist Home Federal Savings & I.oan in San Ricky Eggersman, BSIM, is a PQA International. He is responsible for Sertoma Club, a not-for-profit community Diego. manager, China region, with The Boeing managing a network of distributors service. Co. in Seattle, Wash. ranging from India to Japan. Precor is a Marsha A. Mishler, BSIM. See Master's Alumni 1991- Steven A. Evans, BSM, is a.senior sales leading manufacturer of high-end fitness 1982 engineer with Philips Automotive equipment, including both home and Frank E. Nasser, Jr., BSM, is a commercial treadmills, steppers, and the Electronics in Farmington Hills, Mich. Paul N. Adrian, BSM. is an assistant vice marketing manager with the Pepsi-Cola elliptical fitness cross trainer (EFX). The president with .Mutual Federal Savings ('o. in St. Louis, .Mo. John H. Gott, BSM, is an automated company is a subsidiary of Premark, a $2.3 Bank in Muncie, Ind. systems .specialist III with Raytheon billion, NYSE-listed firm. David Saunders, BSM, is a demand Engineering & Constructors in Downers Cheryl K. Beck-Ruff, BSM. is a senior fulfillment process analyst for Manco, Inc., Mark D. Murphy, BSM, is a support Grove, 111. manager, public relations, with Motorola, Avon, Ohio. de|)artment manager, First Resort Software, Inc, Arlington Heights. 111. Her husband, David B. Kerr, BSIM, is director of Charles T. Schaefer, BSIM, is general in Mpen, Colo. He is married to Diane Jonathan, is a senior manager, business operations with DMR Trecom in Edison, manager. Health Imaging Services, for Muiphy. BSM '79. development, with Motorola, N.J. Eastman Kodak Co. in Rochester, N.Y Brenda Portolese Olive, BSM, is a Jeffery A. Buehrle, BSM, is network Paul V. LaSchiazza, BSIM, is a vice community relations manager with United Allen R. Sockwell, BS.M. has a new director of financial .senices with Lutheran president-regulatoiy with Ameritech in Blood Services in Scottsdale, Ariz. Her position as director-human resources for Healthcare Network, Mesa, Ariz. He is Okemos, Mich. He and his wife, (]ynthia. husband. Bob, is self-employed as a Compaq Computer in Houston, Tex. He is a treasurer of Lutheran Healthcare have a new daughter, Talia Simone. construction consultant. former educational consultant for IBM Foundation and a board member and Technology Products in FXsex Junction, Vt. Diane Murphy, BSM, is a partner with Debra Dutro Prendergast, BSM, is a sponsorship chainierson of the Arizona Hobbs cS; Muqihy CPAs, in Basalt, Colo. She customer applications engineer with chapter of IIFMA. He and his wife. Kathy, is married to .Mark 1). Muqjhy, BSM '80. Rockwell Semiconductor Systems, Inc., were married June 8, 1996. 1983 ISth Reunion Year Electronic (lommerce Division, in Downers Jeffrey R. Powers, BSM, is a U.S. Les J. Chih, BSIM, is an OE.M buyer/ (irove, HI. Diane M. Arneson, BSM, is iissistant regional ser\'ices executive with IBM Corj). planner with Boston Scientific ('orjx in controller for Freedom Plastics, Inc., in Indianapolis. Kent M. Walters, BSM. is self-employed Spencer, Ind. Janes\ille. Wise and lives in Fountain, Colo., with his wife, Mark L. Shunk, BSLM, is president and Maria Lichlyter Crowe, BSIM. is Francine. Daniel L. Boots, BSLM. is an chief executive officer of Cadence, a single purchasing director at Eli Lilly and Co. in intellectual pro|ierty attorney/partner with source energy management services and Lois E. Wyrick, BSM, is a controller with Indianapolis. She is the former department Bingham Summers Welsh & Spilman in products joint venture. Cadence is the first KOCO-TV in Oklahoma City, Okla. Her head of pnxluction planning at Lilly. Her Indianapolis. He previously practiced with marketing alliance in the energy industr\' husband, (ieorge, is a real estate sujiervisor husband, Geoffre\', is a sales representative Brinks Hofer Gilson & Lione. targeted at large national accounts. with Western Wireless. for ESE in Indianapolis. Thomas A. Finneran, BSM, is a principal with W.F Morneau and Msoc in Pittsburgh, Pa. He is a former account executive with Mosler, Inc.

Kranneri Portfolio 41 Spring I'm CLA TKS

Undergraduate Alumni continued Stephen R. Hanon, BSM, writes: "I was Randall J. Lewis, BSM. See Master's Jill Rovero, BSM, writes, "1 have recently recently recniited to head up worldwide Alumni 1989. been promoted to associate operations and Sheila M. Frazier, BSIM, is an assistant strategic planning and development for expense manager with the newly organized manager with Wal-Mart in Portage, Ind. Footlocker Worldwide (New York City), a Stuart L. McDougall, BSIM, writes: 'In Spiegel, Inc., Downers Grove, III." Her husband, Peter Hainje, is a general chain of apparel and athletic footwear January 1997,1 accepted the position of manager with Bob Evans Restaurants in .stores (sales $35 billion; pre-tax profits technical staff member/industrial engineer Jeffrey G. Schleter, BSIM, is self- Michigan City, Ind, $460 million). My newly created position with Thomson Consumer Electronics, employed with Alfie's Choice Home of senior vice president-strategic planning Marion, Ind. The TCE plant covers Improvements in Wingate, Ind. He and his Tom Hoffacker, BSM, See Master's reports to the president and CEO." approximately 1,000,000 square feet and wife, Amelia, were married on October 25, Alumni 1986. employs about 2,000 people. We are one of 1997. She is a teacher with KinderCare Brenda F. Monroe, BSM. is a student at the world's largest manufacturers of learning Centers in West Lafayette. Melinda Miller McDowell, BSM, is a the Episcopal Theological Seminary of the television picture tubes for our own RCA, maiiager-TRS fund administration with Southwest and lives in Austin, Tex. GE, and Proscan televisions, as well as for Michael D. Vanderspool, BSM, is a the National Exchange Carrier Association other manufacturers," production planning manager with in Whippany, N,J, Amanda Dinger Newman, BSM, works (JARMIN International in Olathe, Kans. His at the York County Public Library in Laura R Peterson, BS (ACCT), is Pamela Petry McNealy, BSIM, is a wife, Alli.son, is a process engineer with Yorktown, Va. European ciish management coordinator metals planning and purchasing manager AlliedSignal. with Amoco Corp,, West Gate, London, U.K. with Alcoa in Knoxville, Tenn, Greg W. Sasso, BS.M, is vice president- corporate development and communica­ Kimberly C. Richards, BS.M, is owner Daniel L. Wolf, BS (ACCT), is a 1988 lOtfi Reunion Year tion with Biomet, Inc., Corporate of Papers With Panache in Novi, Mich. She consultant/research assistant with the DevelopmenfCommunication, in Warsaw, Gregory A. Blachly, BS (ACCT), is a also is an employee relations .specialist Krannert Graduate School of Management, Ind, sales manager with Norwest Mortgage in with Complete Business Solutions, Inc., West Lafayette. Indianapolis. He is a former research Farmington Hills, Mich. Paula J. Schroeder, BSM, is an analyst with The Martel Group in Chicago. educational consultant with Discover}' Toys Jonathan F. Staub, BSIM, is a principal 1986 in Taylors, S,C. Her husband, Eric, BSST Christopher A. Brown, BSM, is an with the Catalyst .Marketing Group, '85, is a sales manager with Transtech of Mary L. Chandler, BSLM, is a senior independent trader in Chicago. Columbus, Ohio. His wife, Susan, BSIE '83, South Carolina. manufacturing engineer with Omron is a systems engineer with IBM in Manufacturing of America in St. Charles, Sharon P. Dorsey, BSM, is a bank Columbus. Renee E. Selman, BSIM, is a manager, III. In June 1997, she received an MBA from analyst with the Kirchman (brp. in institutional marketing, with Ortho-McNeil the Lake Forest Graduate School of Altamonte Springs, Fla. Timothy J. Tardif, BSIM, is a systems Pharmaceutical in Raritan, NJ. Management. She was married December anahst with the Board of Trade/City of 6,1997. Sandra J. (Zack) Francoeur, BSM, is Chicago, Jerry L. Shaffer, BSM, is a senior a homemaker and former claims adjuster planning analyst/finance with Sara Lee with Federated Mutual Insurance. She and Sheryl Toth, BSIM. writes: "I recently Debora J. Govert, BSM, writes: "I have Bakery in Chicago. her husband, Michael, a claims adjuster moved to applications as senior sales retired as retail manager with Gantos in Merrillville, Ind., and am now a housewife. for St. Paul Insurance, live in South Bend, consultant for Oracle Corp. in the Tom Troyan, BSIM, is an engineering My husband, Raymond, and I live in Ind. southwestern region (San Diego). I will be and quality manager for Simp.son Crown Point." demonstrating manufacturing and Industries, Inc., Troy Ohio. He and his Maria C. Gedeon, BSM, is a financial financial applications to various-sized wife, Kirby have two sons, John and Jay Mary Hennelly Keirn, BSM, is a lead manager of S

Kranneri Portfilio 42 Sprina t<)<)H C LA TES

Andrew T. Redinger, BSM, is a vice Todd Shoemaker, BSM, is branch Robert R. Scott, BS (ACCT), is a senior Steven M. Robinson, BSIM, is an president with McDonald & Co., Cleveland, manager-Oregon, Wise, of AnchorBank, accountant with Countrymark Cooperative, application development consultant with Ohio. His wife, Gina, is a director for SSB-Madison, Wise He and wife Janette Inc., Indianapolis. His wife, Angela Ibttle- NCR Corp. in Dayton, Ohio. Penten Publishing. have a daughter, Haley (4), and a son, Scott, is a registered nurse with St. Vincent Cameron (1). He is on the board of Community Hospital. James A. Stein, BS (ACCT), is chief Carolyn K. Robinson, BSM, has a new directors and treasurer of the Village of financial officer with Glenbrook Security position with Coopers & Lybrand Oregon Chamber of Commerce; and a Lynn M. Vertacnik, BSIM, is a materials Services in Glenview, III. (Consulting in Arlington Heights, III. advisor with Allison Transmission Division member of both the Village of Oregon Park Guy Sy, BSM, is director, information Board and Village of Oregon Committee for in Indianapolis. Her husband, Thomas, is R. Scott Sorensen, BS (ACCT), is an a sales engineer with Victory Sales. technology, for the Health Industry audit senior manager with Ernst & Young Economic Development. Manufacturers Association in Washington, D.C. LLP Indianapolis. His wife, Suellyn, DPhar Becky J. Sondgeroth, BS (ACCT), is a '93, is a clinical pharmacist and assistant 1991 .senior manager-audit with Ernst & Young, Robin M. Throckmorton, BSM, is a professor of pharmacy at Butler University Indianapolis. Kendra K. Anderson, BS (ACCT), is a human resource consultant for Strategic College of Pharmacy senior accountant with American Sheet Lisa D. Steins, BSIM, is a manager, Human Resources, Inc., Ix)veland, Ohio. Extrusion Corp. in Evansville, Ind. Sarah E. Uhl, BSM, is an inventory information systems, with Merisel, Inc., El Her husband. John, is a project manager systems design and training manager with with Jacobs Engineering. Segundo, Calif. Lori L. Cielaszyk, BSM, is a sales Lands' End in Dodgeville, Wise Her repre.sentative with Ma\field Publishing in Gregory R Vale, BS (ACCT), writes: "I husband, Tom, is a systems analyst with Mountain View, Calif. Her husband, David, was recently promoted to vice president the Wisconsin Department of Transporta­ 1990 BSAAE '91, is a senior engineer with Space finance and controller at Bowne of tion. Melissa Davis, BSIM, is a coordinator, Systems in Palo Alto, Chicago, Inc. I am running my first Annette C. Vivoni, BSM, is a second vice inventory planning and deployment, with marathon in June in San Diego with Team Wendy (Kroll) Devine, BS (ACCT), president with the Chiise Manhattan Bank Philip Morris, USA, in Richmond, Va. in Training, an organization that raises writes: "1 have been with the American Trust Department-Operations in Hato Rey, money for the Leukemia Society of America John W. Gillen, BSIM, is coriwrate safety National Can Co,, Chicago, for 6 Yi years; Puerto Rico. Her husband, 0.scar while training runners for a marathon — training and information systems manager I'm currently a financial analyst. As of Villalonga, is an account executive with GE a super group!" with Union Camp Cor]), in Wayne, NJ. He February 1997,1 work only two days per Capital in San Juan, PR. h;is received the ASP for safety and health week due to the birth of our son, Connor Kelly J. Weigle, BSM. is a senior plant Morgan S. Zimmer, BS (ACCT), is a professional certification and plans to take (born Augu.st 31,1996). My husband, accountant in Plain City. Ohio. Her payroll manager with KRIV 26-Fox the CSP test this summer Thomas, is a physician at Northwestern husband, Dana, is a flight management Television Stations in Houston, Tex. Memorial Hospital. We recently purchased coordinator with Executive Jet Aviation in Susan J. Griffin, BSLM, has been our first home." Columbus. promoted to learning and development 1989 coordinator with Sonoco (Consumer Karen Cho Goodman, BS (ACCT), is George E Wiegand, Jr., BS (ACCT), is Products Division) in Hartsville, S.C. now a stiiff accountant with Dow-United a manager with Crowe Chizek in South Randall C. Campbell, BSIM, is a Technologies in Tallassee, Ala. She is a Bend, Ind. He is married to Lynne C. manager-demand analysis with Bradley J. Heilman, BSLM. See Master's former internal financial auditor with Wiegand, BSIM'91. Southwestern Bell Communications in San alumni 1994. Dana Corp. in Toledo, Ohio. Her husband, Antonio, Tex. Lynne C. Wiegand, BSIM, is a manager Mark A. Hull, BS (ACCT), is a Mark, is aii area manufacturing manager with The Summit Group, Inc, Mishawaka, reimbun>ement manager with Crowe with Dana Corp. in Montgomery, Ala. Laura Daily, BSM, is a human resources Ind, She is married to George Wiegand, BS Chizek in South Bend, Ind. director with the Town of Fishers, Indiana. Deborah L. Jones, BSM, is a forecast (ACCT) '91, She is married to Michael J. Daily BS Jeff R. Hupke, BSIM. is a senior analyst with Mr ('offee in Glenwillow. (ACCT) '89. financial analyst with the American Italian Ohio. 1992 Pasta Co., Production & Distribution Michael J. Daily, BS (ACCT), is a David M, Kolssak, BSM, is a managing Facilities, in Excelsior Springs, Mo. His controller with CIL, Inc., Indianapolis. He partner with 'Rirnkey Network S\'stems, Mary Anne Bailey, BS.M. is a credit wife, Molly, is a marketing strategist with is a former manager with Deloitte & Inc., Wheeling, III. His wife, Melis.sa BSCFS manager with Midland lx)an Services in Hallmark Cards, Inc. Touche. He is married to Laura Daily BSM '92, is a counselor/insurance producer with Kansas City Kans. She is married to Leon •89. A. Bailey BSIM '93. Anne L. Inman, BS (AC(T), is a Kolssak Funeral Home. manager-sales analysis with Knift Foods in Rebecca L. Gallagher, BSM, is a digital John E. McMahan, BSM, is a market William T. Banham, BS (ACCT), writes: Glenview, HI, Her husband, Andrew, is a marketing specialist with Xerox Corp. in development manager with Delco "I have been recently promoted to manager engineering services, with Dublin, Ohio. Electronics in Kokomo, Ind. accounting director, OmniTRAX, Inc, in Engineering Solutions in Geneva, III. Denver, Colo, My responsibilities include Gregory J. Gwaltney, BS (ACCT), CPA, Douglas L. Neff, BSM, BSIM '94. See financial reporting for our intemational is a senior internal auditor with Ball (]oq). Kendra K. Kitchel, BSIM. ,See Master's Miister's Alumni 1996. shortline railroad operations " in Indianapolis. Alumni 1994. Anthony C. Pescatore, BS (ACCT), is a Wendy (McCray) Creamer, BSIM, BS James N. Jones, BSIM. See Master's Harold M. McCoy, BSM, is a CPA/accountant with Henry & Home PLC (AC(n'), is a human resources manager Alumni 1991. manufacturing process planner with Alcoa in Scottsdale, Ariz. He is married to Jennifer with Hoffman Southwest (Roto Rooter) in in Lafayette, Ind. He and his wife, Maria, Pescatore, BSM '92. Mission Viejo, Calif, She recently received a Katie Klopfenstein, BSM, is a market have three children: Sandy (BSIM '88; master's degree in human resources from research specialist with I^xis-Nexis in MSIA '90, a materials engineer with Steve Pushka, BS.M, is an MBA student Chapman University Miamisburg, Ohio. She announces the Caterpillar; Man', a product s[)ecialist with at Arizona State University, Tem|ie. His birth of David Aaron on October 16. He PN(; Bank; and David, a .sophomore at West concentration is in services marketing and Alisa A. (Barry) Esterle, BS (ACCT), is joins brother AJ (2'/2). Lafayette High School, management. He spent last summer with a project accountant/real estate with the the Boston Scientific Corji. Marketing Hines Intere.sts Ltd. Partnership in Internship. Louisville, Ky.

Kranneri Portfolio 43 Shriiiu Pns CLA TES

Undergraduate Alumni continued Jennifer L. Kyler, BS (ACCT), is a Douglas L. Neff, BSIM, BSM '91. See ErikaJ. Satre, BS.M, is a project training analyst II with State Farm Master's Alumni 1996. controller with Deloitte & Touche in Debbie (Dyer) Jastredowski, BS.M. Insurance Co. in Bloomington, III. Her Chicago. Scot J. Pierce, BS (ACCT), is a business is a compliance examiner with the husband, Kent Beck, is a network analyst Marianne M. Schueffner, BSM, writes: National Association of Securities Dealers with State Farm. analyst-I with International Paper Co. in "I have been promoted to territory Regulation, Inc., Cleveland, Ohio. She and Pine Bluff, Ark. Scott J. McDurmon, BSM, is a terminal manager, north central region, with husband Mark were married September 13, Marc G. Swanson, BS (ACCT), is a manager with CC Midwest in Evansville, Hormel Fo(xls Corp. in Hiawatha, Iowa." 1997. senior internal auditor/CPA with CNA in Ind. Kathryn E Ness, BS (ACCT), is a senior Chicago. He is married to Jennifer M. Dawn M. Vardaman, BSM, is in sales financial analyst with Abbott Laboratories Michael C. Schleper, BSIM, is a Swanson, BSM '93. with Schlumberger in Tallassee, Ala. in Abbott Park, III, manager, wafer manufacturing, with MKE Quantum Corp. in Louisville, Colo. John P. Williams, BSIM, is a business David J. Neve, BS (ACCT), is president of 1995 consultant with Waterstone Consulting in Robert J. Sinkhom, BSIM, is a senior Des Plaines, 111. DJN Enterprises in Hopkins, Minn, W. Christopher Brandt, BSM, is consultant with Deloitte & Touche LLP in Cheryl L. O'Connell, BS (ACCT), is an Cincinnati, Ohio. His wife, Virginia, attending the Indiana University School of account manager with GE Capital Fleet BAElEd '93, is a director at Pilgram Education Graduate School. 1997 Services in Eden Prairie, Minn, She is Preschool. Andrew S. Haly, BSIM, was promoted Jennifer L. Brown, BSM, is an married to Jeffrey T O'Connell, BSIM '92. from ensign to lieutenant junior grade, Jennifer M. Swanson, BSM, is a claim inventory analyst-revenue management Jeffrey T. O'Connell, BSIM, works in automation and procedures specialist with U.S. Navy, Kingsbay Naval Base, Kingsbay, with United Airiines in Elk Grove Village, marketing with the Skamp Corp. in Flden State Farm Insurance Co. in Valparaiso, Ga., on December 18. He announces the HI. Prairie, Minn. He is married to Cheryl birth of son Cole Michael on December 15. Ind. She is married to Marc G. Swanson, Natalie M. Legler, BSM, is a consultant O'Connell, BS (ACCT) '92. BS (ACCT) '94. Erik Horvat, BS (ACCT), CPA, is an with Andersen Consulting in Chicago. Jennifer J. Pescatore, BSM, is a vice accounting manager with Triad Electric in Derek P. Sanders, BSIM, is an associate president, western region real estate, with 1994 Wheeling, 111, facilitator with Johnson & Johason/Ethicon Bank One, Arizona, NA, in Phoenix. She is Wendy B. Jeffries, BSM, is an account in Cornelin, Ga. married to Anthony C. Pescatore, BS Tracey L. Boward, BSM, is a convention executive with Brightpoint, Inc., (ACCT) '91. services manager with Renaissance Hotel in Chicago. Indianapolis. She has been accepted into Tyler B. Townsend, BSM, writes: I the Michigan State University MBA have moved from North Carolina back to James J. Commette, BSIM, is a project program, class of 2000, and will begin my home town, Decatur, III., to take a new engineer with Hensel Phelps Construction clas,ses this fall. position as bottled water division manager Co., Mid-Atlantic District, in Front Royal, Shonda M. Meyer, BSIM, is a with Culligan Water Systems. My son, Va. consultant with Deloitte & Touche Cameron Tyler, was bom in January 1997" Mark E. Crittenden, BSIM, is a Consulting Group in Pittsburgh, Pa. disbursing officer with the U.S. Navy, Kathryn (Simon) Rendleman, BSIM, 1993 5th Reunion Year //,s:v Kauffman. in Virginia Beach, Va. is a senior planner with Northwest Airiines. Leon A. Bailey, BSLM. is an exjwrience Jennifer Emerson, BSM, is a human She and her husband, 'lyler, live in Edina, consultant with Andersen Consulting in resource assistant with Delta Faucet Co. in Minn. Overland, Kans. He is married to Mary Indianapolis. Ronald A. Stanclak, BS (ACCT), is a Anne Bailey, BSM '92. Lance R. Emery, BSM, is a financial senior fraud analyst with United States Carlos M. Frontera, BSM, is a senior .specialist with Andersen Consulting in Cellular Corp. in Chicago. financial operations analyst with Baxter Chicago. Healthcare Corp. in Deerfield, III. Audrey Henry, BSM, is a marketing 1996 Jodi (Antcliff) Gordon, BSM, is a executive with Formis Computer Services Stephanie A. Bridwell, BSIM, is a human resource manager with Rohn in Kuala Lumpur, Malaysia. senior analyst-sy.stems liaison with Harris Industries, Inc., Frankfort, Ind. .She was Jonah C. Hong, BSIM, is a systems Tmst & Savings Bank in Chicago. recently .selected as a member of the analyst with General Electric in Clinton County Zonta chapter Worthington, Ohio. BrendaL. Fife, BSM,isasales representative with Fibercon International Jan G.B. Henriksen, BSM, is a Gregory A. Jung, BSM, is a partner in Evans City, Pa. Her husband, Bradley, stockbroker-Norwegian Flquities with development with Support Net, Inc., BSAg '95, is a territory aftermarket Ensnilda Securities in Oslo, Norway. Indianapolis. manager with John Deere & Co. Dale A.Jennings, BS (ACCT), is a Julie LaBunski, BSM, is an attorney Ruth A. Keefer, BSM, is an auditor with senior financial analyst with AlliedSignal with Bates Meckler Bulger & Tilson in BPA Intemational in Chicago. Inc., in I>enexa, Kans. He writes that he is Chicago. Her JI) '97 is from Ix)yola "actively involved on the part of a finance University School of Law. Lawrence R Mangione, BSM, is a team dubbed 'one of the top organizations manager assistant with Schulhof Co. in in the business.'" Anjanette Semak Lindeman, BSM, is Chicago. a conipensation anahst with lllkliart Monty L. Korte, BS (ACCT), is a tax General Hospital, Elkhart, Ind. Amy B. Mead, BSM, is a territory manager with Ernst & Young in manager with Graphic Controls in Buffalo, Indianapolis. N.Y.

Krannert Portfolio 44 Si>ri>w looa Krannert School of Management at Purdue University

Administration

Dennis J. Weidenaar, Dean James B. Dworkin, Associate Dean G. Logan Jordan, Assistant Dean for Administration Kae F. Moore, Assistant Dean for Development

Programs Centers Services Krannert Portfolio Staff Doctoral Programs and Research Center for International Alumni and Development Krannert Portfolio is produced Johin J. McConnell, Director Business Education and Bettina C. McConnell, Director twice a year by Krannert's Phone: (765) 494-4375 Research (CIBER) Phone: (765) 494-4453 publications team in the Fax: (765) 494-1526 Marie C. Thursby, Director Fax: (765) 494-4360 Purdue Office of Publications. E-mail: Kelly L. Felty at E-mail: [email protected] David J. Brannan, Director Center for the Management feltykcSmgmt.purdue.edu Karin L. Dienst, Contributing of Manufacturing Enterprises External Support Writer/Editor Executive Education (CMME) Christopher Smith, Director Tamyra L. Gibson, Contributing Wilbur G. Lewellen, Director Herbert Moskowitz, Director Phone: (765) 494-0501 Photographer Degree Programs E-mail: [email protected] Cheryl L. Glotzbach, Designer Martin D. Rapisarda Center for Tax Policy Studies Peggy L. Hufford, Production Phone: (765) 494-4493 (CTPS) Information Technology Fax: (765) 494-0862 James A. Papke, Director Steven M. Hare, Director Manager Linda U. Kimmons, Contributing E-mail: Writer rapisarmCSmgmt.purdue.edu Indiana Council for Economic Library Education (ICEE) Judith M. Nixon, Director Kimberly G. Loftus, Contributing Non-degree Programs Harlan R. Day, Director Writer Michael E. Sheahan Placement and Internships Rex W. Marrs, Editorial Assistant Phone: (765) 494-7700 Krannert Entrepreneurship Master's Placement Bettina C. McConnell, Contributing Fax: (765) 496-3483 initiative Management Placement Office Editor E-mail: Shailendra R. Mehta, Director Alan D. Ferrell, Director Kelly M. Rawlings, Editor sheahan(a)mgmt. purdue.edu Chris Neilands, Associate Director Kate R. Walker, University News Purdue Center for Economic Phone: (765) 494-4377 Service Writer Publicist II Minority Programs Education (PCEE) Fax: (765) 494-6385 Vincent R Walter, Photographer Cornell A. Bell, Director Michael W. Watts, Director E-mail: Rusty Cassini at Phone: (765) 494-4520 [email protected] Fax: (765) 496-1778 Technology Transfer Initiative URL: http://www3.mgmt.purdue.edu/ E-mail: bellc(a)mgmt.purdue.edu Marie C. Thursby, Director MPO/ Professional Master's Programs Undergraduate Placement Charles R. Johnson, Jr, Director Career Services Center Stephen G. Green, Faculty Director Kay I. Henry, Coordinator, Career Ward D. Sneariy, Director of Services Admissions Phone: (765) 494-1688 Phone: (765) 494-4365 Fax: (765) 496-1479 Fax: (765) 494-9841 E-mail: [email protected] E-mail: krannert_ms(a)mgmt.purdue.edu Public Relations F David Schoorman, Director, Tamyra L. Gibson, Director Phone: (765) 494-4392 Master of Science in Human Fax: (765) 494-9658 Resource Management Program Phone: (765) 494-4391 E-mail: [email protected] E-mail: [email protected] Publications Undergraduate Programs Kelly M. Rawlings, Director Barbara G. Doster, Director Phone: (765) 496-1780 Jack Hatcher, Faculty Director Fax: (765) 494-0793 Phone: (765) 494-4343 E-mail: Fax: (765) 496-6385 [email protected] E-mail: [email protected]

Krannert Sciiooi of Management

Purdue University Phone: (765) 494-9700 m 1310 Krannert Building Fax: (765) 494-4360 West Lafayette, IN 47907-1310 E-mail: [email protected] URL: http://wvw.mgmt.purdue.edu

An equal access/equal opportunity university Produced by the Office of Publications ©1998 by the Purdue University Krannert School of l^anagement, an equal access/equal opportunity university. All rights reserved. No part of this publication may be reproduced or duplicated without the prior written permission of the publisher While every effort has been made to insure the accuracy of the information included in this publication at the time of printing, the publisher shall not be liable for damages arising from errors or omissions. 01i'I-Z.06£^ Nl 'auaAEjE'i jsa^ 3u!p|may3uui:j))01tl Xj!Sj3A!Ufi anpjnj )U9UJaSeu^(V P jooq^s USUUBJ)! AjiSJaAiun snpanj aivd uon^zjUEgJO l!Jojd-uoN OIIOJIJOU

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