Fall 2008 Prof. Jo-Ellen Pozner on the Social Consequences of Business Misdeeds Nonprofit Organization CalBusiness US Postage Haas School of Business PAID University of California, Berkeley Admail West 545 Student Services #1900 Berkeley, CA 94720–1900

CaThe MagazinelB of the Haasu Schools of Businessi nat the Universitye of California,ss Berkeley

Business Leader of the Year Top Acrobat at Adobe CEO Shantanu Narayen, MBA 93, focuses on the next generation of software and leadership

Green Haas: Interest in Sustainable Energy Surges at Haas The Magazine of Fall 2008 CalBusiness the Haas School of Business at the University of California, Berkeley

Fall 2008 Your portal to innovative ContentsFeatures executive education programs at On the Cover: Senior Editor 8 Top Acrobat at Adobe Richard Kurovsky CEO Shantanu Narayen, MBA 93, Editor focuses on the next generation of Ute S. Frey Exchange ideas, network with peers, software and leadership. Managing Editor Ronna Kelly and learn from leading-edge thinkers Staff Writers Green Haas Valerie Gilbert 10 Interest in sustainable energy Pamela Tom surges at Haas. Contributing Writers Bill Brazell, Laura Counts, Kim Girard, Hubert Huang, Kathleen Maclay, Your Haas Network Ian Mount, Kara Platoni, Wylie Wong 14 Profiles of six Haas School Alumni Design Cuttriss & Hambleton, Berkeley Yossi Bachar, Israel Ministry of Finance Printer Maura O’Neill, Fong & Fong, Sacramento US Sen. Maria Cantwell’s Office Photography Paraag Marathe, San Francisco 49ers Jim Block, Andrés Bortnik, Marcos Kulka Kuperman, Ed Caldwell, Cameron Davidson, Fundación Chile David Schmitz, Greg Urquiga, Kathleen Earley, TriZetto Debbie Zimelman

® Erik Holmlin, Exiqon A/S CalBusiness is published by Berkeley Executive CIMA Certified Executive Wealth Negotiations: Strategic Decision the Haas School of Business, Leadership Program Investment Management Management The Art of Working Making 10 University of California, Berkeley. For further Berkeley Financial Analyst Financial Analysis for with People Venture Capital information, contact: CalBusiness Editor Engineering Series Corporate Directors Non-Financial Executives Open Innovation Executive Program Haas School of Business Enterprise and Corporate University of California BioExecutive Institute Leader As Brand Women’s Executive Berkeley, CA 94720-1900 Corporate Ambassador Entrepreneurship Leadership Retreat Departments 510-643-0259 [email protected] Responsibility Product Management 2 In Brief CalBusiness Fall 2008, Number 68. Program CalBusiness is published three times 6 Power of Ideas a year (fall, winter, and spring/sum- mer) by the Haas School of Business, University of California, Berkeley, CA 18 Alumni Notes 94720-1900. POSTMASTER: Send address chang- 31 In Memoriam es to CalBusiness, Haas School of Business, University of California, Visit our website for custom and open enrollment offerings 32 Q & A 545 Student Services #1900, An Absolut Success Berkeley, CA 94720-1900. ©2008 Visit: executive.berkeley.edu Bengt Baron, BS 85, MBA 88, Regents of the University Former CEO, Vin & Spirit of California. All rights reserved. Email: [email protected] Printed in the USA. Call Toll-free: 877 UCB EXEC (822 3932) g es y I ma

Cert no. SCS-COC-001274 Prof. Jo-Ellen Pozner on 6 the Social Consequences Ru gg ie r i / Gett of Business Misdeeds to Al be r Haas Events December 1 Vogel Receives Asia Business Conference GE CEO Immelt Singapore Touts Betting Big Book Award Haas School December 3 Startups and venture capitalists Haas Celebration in Hong Kong aren’t the only ones innovating, Professor says Jeff Immelt, chairman and David J. December 6 Vogel was Haas Celebration in Shanghai CEO of General Electric. News from the Haas School The massive conglomerate honored December 17 takes advantage of its scale with a best Haas Celebration in New York InBrief and financial resources to book award innovate and grow in such from the fields as energy and health care, Academy Immelt told a packed crowd in Professor David Vogel of Manage- Arthur Andersen Auditorium ment at New Haas Students: New Undergraduates on Sept. 9. its annual meeting in Anaheim By the Numbers Bond at Orientation “Professors teach you why in August. The 342 students in the Haas GE shouldn’t exist,” Immelt Vogel, an expert in corporate Number of countries represented by undergraduate class of 2010 said during the Dean’s Speaker ethics, earned the academy’s Full-time Berkeley MBA class of 2010: 35 began their studies this July Series event. But in the past Social Issues in Management Number of institutions where new with team-building activities 30 years, the 125-year-old con- Division Best Book Award 2008 full-time students earned previous and a new career conference. glomerate has grown an average for his book The Market for degrees: 155 Here, a lively game of Rock, 12 percent a year, he noted. Not Virtue: The Potential and Limits of Percent of class that holds master’s Paper, Scissors between the bad for a company expected to Corporate Social Responsibility, degrees in other fields: 22 Gold and Blue cohorts kicked published in 2005 by Brookings post $185 billion in revenue this Musical experience: concert violinist, off the orientation activities. Institution Press. year, Immelt pointed out. classical pianist, semi-professional Later, juniors attended a Vogel was inspired to write “What opera singer first-ever, one-day career we’ve the book in 2000 with the conference made possible tried to do resurging interest in corpo- Military service: Israeli Defense Force; by a gift from alumnus is make rate ethics, philanthropy, and US Army, Navy, and Air Force

Mark DiPaola, BS 99. His gift scale an volunteerism, along with the Most unusual previous title: certified supported a similar conference advan- belief that such practices would coffee taster for Haas seniors in August. tage,” he increase profitability. In his said. “We research, he found little proof Number of countries represented by new bet on big that corporate social responsi- Evening & Weekend MBA Program students: Jeff Immelt, bility directly improved firms' 34 General Electric things. We bet bottom lines, but discovered it Percent of new Evening & Weekend students big on clean energy. We bet big could still improve public that speak at least two languages: 72

on clean water,” he added. “We perception, employee morale, Percent of new Evening & Weekend and loyalty among senior students who hold advanced degrees: “Find includes a former player for the want to own clean tech.” 43 management. CB Prominent Speakers Share Knowledge someone Arizona women's pro football Unlike some Silicon Valley venture capitalists, Immelt said with Berkeley MBA Class of 2010 who loves team, a Coast Guard officer, and Berkeley-Columbia class of 2009’s median he believes “good-enough” what they a former bodyguard. Students Evening & Weekend number of years of work experience: 12 are doing have an average eight years of technology or the “second-best Earlier this fall, a lineup of high- Other speakers included Program Gets Median age of new Berkeley-Columbia and ask them work experience. solution,” combined with scale, profile executives greeted a World of Good CEO Priya Haji, students: 35 how they quality, and safety, will ultimately New Director

new class of full-time Berkeley MBA 03; N.W. (Bill) Jasper Jr., Berkeley-Columbia win out in the clean energy field. Percent of new Berkeley-Columbia students got there,” Executive MBA Program David Gent came from MBA students who boasted the CEO, president, and director GE also relies on globalization from outside the Bay Area: 27 Barbara Desoer, Kelley said. In May, 71 students began their Northwestern University’s highest average GMAT score in of Dolby Laboratories; IDEO MBA 77, to drive growth, Immelt said. Desoer studies as the seventh class in Kellogg School of Management the program’s history. General Manager Tom Kelley, Bank of America “Your careers are going to be advised stu- the Berkeley-Columbia Executive to become executive director Number of applicants to Undergraduate The 240 full-time Berkeley MBA 83; and Barbara Desoer, determined by globalization dents, “Be sure to go where it MBA Program. Students came of the Evening & Weekend Program: MBAs averaged a GMAT score MBA 77, president of mortgage, and technology. Learn the 1,952 feels least comfortable because from such companies as Intel, Program on Aug. 7. of 714. Only 12 percent of home equity, and insurance ser- world,” Immelt told students. Percent of applicants who entered the by doing that … you will grow Google, Nike, and Barclays Gent worked first as associate the 3,779 applicants received vices at Bank “What’s going to be in vogue program: 18

the most.” Global Investors, and from as far director of Kellogg's Office of

admission offers. Applications of America. is solving some of the world’s Percent of new undergraduate class who away as Brazil and Korea. In addi- Admissions, and then as senior increased 15 percent this year Kelley Evening & Weekend largest problems.” are transfer students: 35 MBA Program tion to coming from traditional associate director of Kellogg's from last year. stressed the Immelt joked that as an MBA The Evening & Weekend MBA business career paths such as Career Management Center. The students’ event-packed importance student, he didn’t like organiza- Program, meanwhile, received finance, sales, and engineering, Gent also served as an adjunct Number of Ph.D. Program applications: Orientation Week was kicked of choosing tional behavior classes. Now 384 a record-breaking 853 applica- the class brings experience from faculty member for Kellogg’s off by Robert Haas, chairman a career “all I do is OB, and I wish I had Number of new Ph.D. students: 15 tions this year, and the class’s such fields as construction, archi- course in international business, emeritus of Levi Strauss & Co., based on actually studied harder,” he Number of new Ph.D. students from

median GMAT score was 700. tecture, law, nonprofit, medicine, for which he has developed

who spoke about corporate Tom Kelley, MBA 83, the right said. “If you want to be suc- overseas: curriculum. He earned his 10 IDEO The class of 243 students and military. CB social responsibility. priorities. cessful in business, it helps if master of management degree you like people.” CB from Kellogg. CB

 CalBusiness Fall 2008 Fall 2008 CalBusiness  Princeton University. Lettau’s MBAs Help Feed Topel, MBA 09, one of the A Fine Balance research includes the relation- students who visited Ghana Is it possible to have ship of asset prices and the real Ghana Children this summer. economy, equity and bond pricing, Imagine trying to work on an Topel traveled with Jessica a career and a life? and stock market volatility. empty stomach. Consider thou- Lopatka and Pedro de That question was on the InBrief This fall the Haas Marketing sands of malnourished children Vasconellos, both MBA 09, to minds of Mariette Fourmeaux Group welcomed Assistant in Ghana, attending school and the southern coastal city of and Shirin Dewani Belur, Professor Zsolt Katona, who trying to learn while hungry. Accra to study and evaluate the both MBA 08, when they Haas Welcomes Seven New Professors in 2008-2009 studies online marketing, For the fourth year, Berkeley program’s business plan. arrived at the Haas School. search and social networks, MBA students traveled to Not only did Team Ghana Fourmeaux was single and Seven distinguished edu- development of urban areas; the Sloan’s work focuses on the Ghana this past summer to operation of private land mar- role of accounting information and Internet advertising. Katona study the food program, they in no hurry for a family; Belur cators have signed on received a marketing manage- work with local farmers to sampled the menu. An unex- had been married five years kets; and the economic impacts in investment decisions. He won sell crops to schools, thereby to become ladder-track of government tax, spending, the 2001 Notable Contributions ment doctorate from INSEAD pected favorite: chicken gizzard and was looking forward to reducing hunger and malnu- stew with rice balls. children. faculty at the Haas School and regulatory policies. to the Accounting Literature in France in 2008 and a Ph.D. in computer science in 2007 trition among children and But the real meat of the Ghana After two years at Barclays Award for his research on earn- increasing school attendance. “Here we were in school during the 2008-2009 Global Investors, Professor ings quality. He earned his MS from Eotvos Lorand University program lies in its funding from taking all sorts of classes in Budapest. When not on The Ghana School Feeding the Dutch government. After academic year, bringing Richard G. Sloan will return and Ph.D. in business admin- Program, developed as part of on how to run a business to academia in January istration from the University of campus, Katona and his wife IBD’s first Ghana team helped successfully, and I believe expertise in finance, real are busy perfecting their skills as the Haas School’s International launch the program in 2005, as a member of the Haas Rochester. Business Development (IBD) that success is only possible estate, and marketing. Accounting Group. At Barclays, Professor Martin Lettau competitive Latin dancers. a report by the students was when I, as an individual, am Assistant Professor Marcus Program, has been so suc- presented to the UN Millennium Professor Robert Helsley Sloan served as director of joined the Haas Finance Group in happy with my life,” says Opp joined the Finance Group cessful that it captured the Project’s Task Force on Hunger will join the Haas Real Estate accounting research and head the fall after spending the past Fourmeaux. “There wasn’t this fall after receiving his Ph.D. attention of the Dutch govern- and the Dutch minister for Group in January from the of cross-strategy research. year as a visiting professor at anything about this being from the Graduate School of ment, which has committed development. The Dutch govern- University of British Columbia’s Sloan’s background includes ten Columbia University. Lettau is a offered, yet we found that Business at the University of up to $25 million a year to help ment then agreed to finance the Sauder School of Business, years at the University of former assistant finance pro- students – men and women Chicago. Opp, a 5.5-rated tennis fund it. Ghana program with up to $25 where he served as director of Michigan’s Stephen M. Ross fessor at NYU’s Stern School of – were very much talking player, studies firms and con- “Our project focused specifi- million annually for 10 years, the UBC Center for Real Estate School of Business, where he Business and served as senior about it.” tracts in countries where the cally on strengthening this con- based on matching funds from and Urban Economics and was an endowed professor economist in capital markets government and legal systems nection between local farmers the Ghanaian government. Their casual conversation senior associate dean, faculty of finance and director of the for the Federal Reserve Bank of are dysfunctional as well as and local schools, and we The original program, which inspired Fourmeaux and and research. His research school’s Financial Research and New York. He received his MA other facets of international examined the value chain and started with eight schools, is Belur to create a 12-week focuses on the growth and Trading Center. and Ph.D. in economics from and corporate finance, informa- markets for key crops produced now in more than 1,000 schools speaker series last spring tion economics, and applied in the local area,” says Jason and still growing. CB called “Work & Family: How to manage your non-work game theory. Shirin Dewani Belur and Mariette Assistant Professor Alexei life to make work work.” Fourmeaux, both MBA 08, created a new course on work and family that profoundly New Faculty Tchistyi joined the Haas Real “My biggest question was, affected students and speakers alike. Four of the seven Estate and Finance groups this am I going to be able to be new professors fall after three years at NYU’s a working mother?” says Belur, who gained the confidence to joining Haas in Stern School of Business. accept a corporate post while pregnant. “My biggest takeaway 2008-2009 are Tchistyi studies mortgages, was that there is hope and it can be done. We heard from men on campus this fall. financial innovations, dynamic and women who are doing it successfully.” contracting, agency theory, and The two made an effort to broaden the class’s appeal – 4 of the corporate finance. Tchistyi, born 14 students were men. They sought out high-powered speakers From left to in Belarus, received his Ph.D. in right: from such fields as investment banking and the startup world business administration from to discuss the practical – setting up a home office, negotiating Marcus Opp the Stanford Graduate School ground rules with a partner – and the personal. One speaker Finance Group of Business. shared that she had written her decision not to have children into From: Ph.D., The Haas community already her prenup. A student confessed she had frozen her eggs because University of Chicago knows Assistant Professor her career goals meant postponing childbearing. Meghan Busse, who has been Alexei Tchistyi appointed a ladder-track faculty Michael Thomas, MBA 08, was spurred to change his post- Real Estate and member in the Economic graduation plans. Finance Groups From: NYU (Stern) Analysis and Policy Group. In the “People came out and said ‘I created this flexibility in my life,’” spring, Busse earned member- says Thomas, who passed up a stint at Deloitte to launch his own Zsolt Katona ship in Club 6, a measure of diversity consulting firm. “I came away thinking I have a lot more Marketing Group teaching excellence based on control over my future, and I don’t need a big company to create From: Ph.D., INSEAD student evaluations. Busse, who that for me.” is currently on leave, earned a Martin Lettau Students Megan Ryskamp and Anushka Shevde, both MBA 09, Ph.D. in economics from the Finance Group Jason Topel and Jessica Lopatka, both MBA 09, visit a school in Ghana, will continue the conversation next year, with a sequel titled Massachusetts Institute of From: Columbia where Haas students developed a school lunch program that feeds “Creative Life Decisions.” Technology. Her research malnourished children and bolsters local food production. includes price discrimination, market structure and competi- tion, and tacit collusion. CB

 CalBusiness Fall 2008 Fall 2008 CalBusiness  Faculty Books

The Constitution and Economic Regulation Power of Ideas fied 694 buildings, green-certi- Michael Conant The Blame Game Green Building fied by the federal government’s Professor Emeritus Prof. Jo-Ellen Pozner explores the social consequences Pays Greenbacks Energy Star program or the private Transaction Publishers of business misdeeds Prof. John Quigley analyzes environ- LEED (Leadership in Energy and (Rutgers affiliate) mentally sustainable construction Environmental Design) standard. Kathleen Maclay The control group consisted of nearly 7,500 other office buildings within a Corporate miscon- industry can avoid some of the public Pamela Tom International Financial Issues quarter-mile of the certified buildings. duct can be the stuff scrutiny that might damage other banks’ in the Pacific Rim: Global Everyone’s talk- Quigley was surprised by the results. of high drama. But reputations, Pozner adds. Imbalances, Financial ing about “going “If I were an owner of commercial prevailing theory has Similarly, Pozner says that pinning Liberalization, and green,” but in the property, I would investigate the cost of it that “settling up,” the Bear Stearns demise to Cioffi and Exchange Rate Policy building industry, attaining an Energy Star rating. If that is the process Tannin takes some of the heat off Bear the cost of invest- at all a reasonable investment, I would Co-edited by Andrew K. Rose of meting out Stearns and JPMorgan Chase, which ment has been think about doing it,” he says. Bernard T. Rocca Jr. Professor consequences for acquired Bear Stearns. “If these two difficult to justify His research offers quantitative evi- corporate misdeeds, ‘bad apples’ were responsible for what of International Trade – until now. Haas dence for builders and investors who is largely determined by quite rational, happened at Bear Stearns – which University of Chicago Press School Professor value the social responsibility benefits unbiased financial markets and often the implies that the rest of Bear Stearns John Quigley has undertaken the first of green buildings but, up to now, legal system. executives were not – JPMorgan Chase systematic analysis of environmentally lacked data about the financial per- Not necessarily so, according to can continue to employ former Bear Truth: The New Rules sustainable construction and its eco- formance of these investments. In Assistant Professor Jo-Ellen Pozner, Stearns executives without damaging its for Marketing in a nomic impact on the real estate market. July, Quigley traveled to Istanbul, a member of the Haas School’s own image,” she says. Skeptical World In the working paper, “Doing Well by Turkey, to attend a conference in Organizational Behavior and Industrial That desire to take the heat off and Doing Good? Green Office Buildings,” order to extend his study of the eco- Lynn B. Upshaw Relations Group. avoid being tainted by misconduct is Quigley and co-authors Piet Eichholtz nomic effects of green building to Lecturer Instead, human social behavior and the goal of behaviors such as avoidance, and Nils Kok of Maastricht University, Europe and the Middle East. Quigley Amacom Publishing the fear of organizational and individual ostracizing, scapegoating, and other Netherlands, determined that invest- says, “Finding there is a linkage between stigma by association actually drive the actions intended to isolate executives ments in proven green building energy and profitability of rental proper- settling up process and outcomes such and directors who are seen as respon- practices lead to sizable increases in a ties is potentially significant and leads to as firing, loss of appointments to out- sible or are easily targeted as such, property’s market value and effective more extensive uses of this information.” side corporate boards, and diminished says Pozner. Organizations can behave rent, or the average per-square-foot job prospects, Pozner says in an article, similarly to people, she says, and tend rent paid. “Stigma and Settling Up,” in the June to associate with other companies they Green-certified buildings produced edition of the Journal of Business Ethics. consider legitimate while avoiding those an 8.5 percent increase in effective rent, As an example, Pozner points to the appearing to be unacceptable. Quigley found. The additional annual case of Ralph Cioffi and Matthew These exclusionary efforts may also rent for going green amounts to almost Tannin, former hedge “result from the fundamental desire to $309,000, based on an average sized fund managers at the separate the pure or the sacred from building of 342,000 sq. ft. Likewise, the failed Bear Stearns the dangerous or profane, or may be incremental value of a green structure investment the result of an evolutionarily deter- is an estimated $5.1 million more than bank, who mined desire to create physical distance an ordinary building. The study did were indicted between oneself and parasites or other not calculate the incremental cost of for allegedly contaminants that might drain or investing in green building practices. conspiring damage oneself,” Pozner writes in the Quigley, the I. Donald Terner to mislead journal article. Distinguished Professor in Affordable investors and Whatever the root cause, the Housing and Urban Policy, decided commit securi- results can be puzzling and anything to research the economic value of ties fraud. but rational or market-induced. As an green-certified buildings “to see if “Linking example, Pozner cites a 1995 study this was hype or real.” While Quigley’s Cioffi and that concluded that managers who are work concludes that the resulting Tannin’s names let go after their companies file for profitability is real, he is continuing to the subprime Chapter 11 bankruptcy protection are to research why green commercial mortgage crisis no more responsible for organizational buildings produce higher rents and makes them easily iden- failure than those who aren’t let go, g es market value by using engineering tifiable villains, diverting and the dismissed managers are not

y I ma data from the Environmental attention from the problematic worse decision-makers than those who Protection Agency. practices at individual institutions, and keep their jobs. Quigley’s paper focused solely on the faults within the larger financial She writes, “Such a finding suggests commercial property. He first identi- This building at 100 First St. in San Francisco, which incorporates green building practices, is system that enabled their behavior,” she that, following negative organizational one of hundreds of properties included in Professor John Quigley’s study. Ru gg ie r i / Gett

to says. And by using these two managers outcomes, and particularly following mis- as scapegoats, the rest of the financial conduct, somebody must be blamed.” Al be r

 CalBusiness Fall 2008 Fall 2008 CalBusiness  Business Leader “To create new businesses and drive classroom directly to the workplace, he additional funding. of the Year growth, you need to have a leader who gained a real-world understanding of “By the time Shantanu’s done at wakes up wanting to make an impact,” how businesses function. Even the com- Adobe, he will have recruited and Narayen says. mute to Haas itself proved invaluable. trained a number of candidates ready to Under Narayen’s guidance, Adobe “Back then the program was in San take over senior leadership,” says Charles has enjoyed 20 percent annual growth Francisco, so a bunch of us would drive Geschke, co-chairman and co-founder since 2002, with sales reaching a record together,” Narayen recalls. “I can’t tell of Adobe, “all while leading an aggres- $3.2 billion in 2007. And the third you how many great conversations we sive expansion.” release of Adobe’s Creative Suite – had carpooling back and forth.” Ultimately, Narayen’s ability to foster an integrated collection of desktop After getting his MBA, Narayen innovation within Adobe will play a large applications such as Photoshop, worked at Silicon Graphics and went role in determining its future expan- Illustrator, and InDesign – outsold its on to co-found Pictra, a company that sion. As software delivered through the precursor by 40 percent. led the way in digital photo-sharing on Internet and mobile devices increas- Narayen also co-managed with Chizen the Internet. While trying to sell Pictra ingly becomes the norm, Narayen is the $3.4 billion acquisition of then-com- to Adobe – albeit unsuccessfully – he continuing to direct Adobe’s expansion petitor Macromedia in 2005. Some pun- caught the eye of Chizen and was then beyond the desktop. dits questioned the merger, but Narayen hired by Adobe. “Running Pictra was an The unveiling of Acrobat.com in June saw how well Macromedia’s product lines incredible experience,” Narayen says. “I demonstrated how Adobe will leverage complemented Adobe’s. did everything from collecting the mail existing products to gain an advantage in “We had the video authoring tools, to figuring out corporate strategy.” Internet-based computing. Acrobat.com they had the video playback. We were Narayen joined the Haas School’s – a suite of hosted services including great in imaging and illustration; they advisory board in 2005 and has become word processing, file sharing, PDF cre- were great in animation,” Narayen says. a strong proponent of the school’s ation, and Web conferencing – can be “It was actually quite obvious.” Leading Through Innovation strategic accessed through the Internet browser, Macromedia’s Dreamweaver, initiative. but also ties into the latest version of the Fireworks, and Flash are all key com- widely used Adobe Acrobat. ponents in Creative Suite, which now “We’ve always understood cross- boasts 43 percent market share among platform and heterogeneous systems the country’s 6 million creative profes- better than any other company,” Narayen sionals. “What’s most gratifying is we’ve “Adobe’s success over says. “We probably distribute more brought to market something neither software than anyone else today.” company could have created as success- the last eight or Top AcrobatFor executing at a vision thatAdobe spurs financial prosperity, fos- fully standing alone,” Narayen adds. nine years is largely Giving to the Community ters employee development, and fulfills its responsibility to As important as Adobe’s financial success CEO Shantanu Narayen, MBA 93, the community, Narayen has been named the Haas School’s Not Flashy because of Shantanu.” is to Narayen, he places equal emphasis Business Leader of the Year. Each year, Haas honors a member Narayen doesn’t fit the stereotype of on preserving the core values of com- focuses on the next generation of of its community who exemplifies the type of business and the bold, acquisitive CEO. Unlike many – B r u c e C h i z e n , f o r m e r munity responsibility instilled by Adobe’s software and leadership. thought leader the school is committed to creating. The school executives who answer questions like A d o b e S yst e m s CEO co-founders. Adobe donates 1 percent will present the award to Narayen, a member of the Haas a smooth-talking politician, Narayen of profits to charity and encourages School’s advisory board, at its annual gala Nov. 7 at the responds in an unassuming tone. And employees to do the same through its By Hubert Huang Ritz-Carlton in San Francisco. consistent with his relaxed demeanor, “Innovation is a great theme to rally matching gift program. “Narayen’s success at Adobe is an inspiration to all of us he works out of a modestly sized, non- around and speaks to the core values you Recently, the company launched the at Haas,” says Dean Rich Lyons. “We are so fortunate to have corner office, in contrast to the typical want,” Narayen says. “What’s great about Adobe Foundation, a private nonprofit dobe Systems has come a long way such an innovative, forward-looking leader as an exemplar for workspace of other Silicon Valley CEOs. the Leading Through Innovation initia- foundation dedicated to driving social our community.” Narayen was born in Bombay tive is that Haas – much like businesses change and improving Adobe’s sur- since Shantanu Narayen, MBA 93, first Narayen joined Adobe in 1998 as vice president of engi- but spent most of his childhood in – really thought about its strategic plan. rounding communities. The company started working at the San Jose soft- neering after working at Apple and Silicon Graphics. He Hyderabad, India. His mother taught When you’re training the next genera- also has expanded its Adobe Youth ware company a decade ago. Although became executive vice president of worldwide products in American literature; his father ran a tion of business leaders, that’s what you Voices program, which empowers youth 2001 and was promoted in 2005 to president and COO, which plastics company. He graduated with a need to do.” in underprivileged areas by teaching ANarayen has been CEO for less than a year, he has placed all product research and development, day-to-day global bachelor of engineering from Osmania them to share their experiences through been instrumental in building Adobe into a 7,000- operations, marketing, and corporate development under his University. He then moved to the Bringing Sand Hill to Adobe visual media. United States, where he earned an MS in Developing a new generation of entre- “The culture of Adobe makes it a spe- employee tech giant whose software sits on more purview. He became CEO in December 2007. “Adobe’s success over the last eight or nine years is largely computer science from Bowling Green preneurs at Adobe is a major priority for cial place to work, and it’s been a special than 700 million computers and devices worldwide. because of Shantanu,” says Bruce Chizen, who preceded him State University. Narayen, who sponsored the company’s place since John Warnock and Chuck Now Narayen is keenly focused on steering Adobe as CEO. “His ability to learn and understand the complexity After earning his master’s degree, Entrepreneurs in Residence program. Geschke co-founded it and Bruce Chizen Narayen moved to California to work in The program lets any employee pitch an expanded it,” Narayen says. “Now that through an increasingly Internet-focused software of sales, nuances of marketing, and legal and financial issues of running a company is unlike that of any individual I’ve ever tech. Looking to develop management idea to the company, much as a startup we’re a global company, we know we landscape – and developing leaders within the com- worked with.” and leadership skills to handle greater would one of the venture capital firms can have a deeper presence in these pany to tackle that challenge. But Narayen won’t take full credit for that success. Rather, responsibility, Narayen enrolled in the lining Menlo Park’s Sand Hill Road. markets by enabling education and he’s a strong believer in giving individuals who show initiative Haas School’s Evening & Weekend If the company accepts the pitch, it working with kids – not just shipping additional responsibility and room to grow as leaders. MBA Program while working for Apple. finances the employee’s venture and sets our products there.” CB Applying principles learned in the metrics for the employee to qualify for

 CalBusiness Fall 2008 Fall 2008 CalBusiness  The “green is good” message is finally hitting the mainstream, but the business of green energy has been a growing passion at the Haas School for the past several years. The burgeoning field of green energy – also often referred to as clean technology – has become a nexus for student entrepreneurship, as well as a focal point for interdisciplinary collaboration. Green Haas The Haas School’s green leanings stem in part from the fact that Berkeley is … well, Berkeley, says Professor Severin Borenstein, director of the multi-campus University of California Energy Institute, who developed the busi- ness school’s Energy and Environmental Markets course in 1999. “We’ve been greener than other places and we’ve been interested in energy efficiency – and have stayed interested in it through the ’90s when energy got incred- ibly cheap,” Borenstein points out. Wind Warrior But now Berkeley has more company. “Everyone is starting to recognize that with oil prices where they are The energy industry has changed dramatically since Brenda and climate change staring us square in the face, a lot of LeMay, MBA 01, entered the field in the mid-’90s. Back the environmental issues that have been ancillary exter- then, LeMay had turned an undergraduate finance degree into a nalities are now becoming prominent issues,” says Will job with Enron’s international development group, working on Coleman, MBA 06, who co-founded the Berkeley Energy projects in Puerto Rico, Bolivia, Brazil, Venezuela, and Thailand. and Resources Collaborative (BERC) three years ago with Seeking a break from travel, she enrolled at Haas, taking a par- several Haas classmates. ticular interest in the Energy and Environmental Markets course While at Haas, Coleman realized that students scattered taught by Haas Lecturer James Bushnell, research director of throughout Cal’s business, law, public policy, and science the UC Energy Institute, and Haas Professor Severin Borenstein, programs had a mutual interest in renewable energy, but it director of the UC Energy Institute. was hard to get them together. “Energy is a truly interdis- Shortly after she graduated, Enron went bankrupt, the ciplinary space – even if you are on the business side you California energy crisis unfolded, and LeMay was ready for a have to understand the technology and the policy,” says new direction. She spent two years traveling, and on a plane Coleman, who now focuses on clean-tech investments for back from Costa Rica, she ran into the chief development Mohr Davidow Ventures. “We really wanted to figure out a officer for Horizon Wind Energy, based in Houston, Texas. way to connect all these incredibly talented people across LeMay worked for Horizon as a consultant, then opened a the campus.” California office, which now has five employees. LeMay leads development, including the permitting work Campus Connections necessary to create wind farms throughout the Pacific Southwest. The complex process involves negotiating with From a student e-mail listserv in 2005, BERC has grown landowners, entities like the Bureau of Land Management into a more than 1,000-member, campus-wide student and the California Public Utility Commission, and community group that will host its third annual energy symposium stakeholders such as the Sierra Club. on Feb 23. In addition to organizing the symposium, BERC also spearheaded the creation of a new MBA It’s a job for the patient and the tenacious: While Horizon cur- class called Energy, Sustainability, and Business Innovation, rently owns seven US wind farms and has developed another designed for students interested in developing and six, none are up and running in California to date. However, commercializing innovative energy technologies. LeMay played a major role in helping broker a deal this July for This fall, eight multidisciplinary teams of students, Pacific Gas & Electric to buy power from a Horizon subsidiary in typically including two Berkeley MBAs per team, are Oregon. “California is a great state in terms of its awareness going a step farther, actually evaluating the commercial and its desire to have renewable energy, but the hurdles take viability of technologies under development at the several years to overcome,” says LeMay. Lawrence Berkeley National Laboratory (LBNL). BERC’s LeMay has taken an active role in helping shape state policy. A surge of interest in sustainable energy sparks leadership, including current co-chair Naveen Sikka, She has helped implement Senate Bill 107, enacted in 2006, MBA 09, teamed up with LBNL’s Technology Transfer which requires electricity companies to procure 20 percent collaboration at Haas, Berkeley, and beyond. Department to create the new program, called Cleantech of their energy from renewable sources by 2010. Now LeMay to Market. The technologies being evaluated include a is working with the governor’s office to boost that require- novel solar-chemical storage device and a breakthrough ment to 33 percent. LeMay’s advice to current students: fabrication method for high-efficiency solid state “Don’t underestimate the public policy aspect of renewable By Kara Platoni photovoltaic devices. energy development!”

10 CalBusiness Fall 2008 Fall 2008 CalBusiness 11 Guido Radaelli and Matthew Caspari, both Because a student population turns over every few years, PricewaterhouseCoopers, and Thomson Reuters. “The fact MBA 06, are BERC needed a faculty-based partner to serve as that venture capital is focused on green technology is an indi- focusing on transforming an institutional memory, and to help move ideas from lab cator that we’ve gotten to a point where there is enough cer- algae into to market by matching students with clean-technology inves- tainty on the regulatory side and enough innovation in labs fuel at their startup Aurora tors or companies. The answer: the Center for Energy & that venture capital sees a big opportunity,” says Coleman. BioFuels. Environmental Innovation (CEEI), which, as Coleman puts Coleman credits Haas, and his ability to pursue a it, is the chassis to BERC’s engine – a permanent structure to combination degree with Berkeley’s Energy Resources harness student momentum. Group, with helping him develop the palate that he now uses “CEEI is trying to become the door that people knock to sample the new technologies and businesses emerging in on when they approach the university for information about the green energy field. energy technologies,” says Co-Executive Director Catherine “I tried to go as broad as possible when selecting classes,” Wolfram, an associate professor at Haas. Wolfram helped he says. “Courses like Energy Markets, Corporate Finance, create the center in late 2007 with Co-Executive Director Marketing, and Energy Innovations were pretty fundamental Andrew Isaacs, an adjunct lecturer and also executive director to what I do now, but courses like Real Estate gave me an of the UC Berkeley Management of Technology Program. understanding of how to evaluate asset-based opportunities. “I think climate change is one of the two or three most New Product Development gave me the tools to guide com- important topics facing the world,” Wolfram says. panies through the innovation process.” Greening the Gas Tank CEEI awarded a dozen innovation grants to student teams in its first year, and is beginning a fellowship program for stu- When Aurora BioFuels CEO Matthew Caspari, dents to undertake independent research projects on energy Dot-Com Déjà Vu? MBA 06, arrived at Haas to study entrepreneurship, oil topics. One team that received an innovation grant, for Unlike the entrepreneurial spirit during the dot-com boom, Conservation Queen prices were rising and biodiesel was gaining buzz. “Algae had example, has been working in Guatemala debuting its design however, there’s a greater focus on doing good than doing been researched in the past and wasn’t economical when oil for a cost-efficient rooftop solar water heater. well in this green energy era. “There is a multiple bottom Janice Berman, MBA 96, started her career at Pacific Gas was at $20 a barrel,” says Caspari. But today, he says, it has “a line -- that’s what makes it so appealing,” says Joshi. “We & Electric (PG&E) 21 years ago in the division that plans power plants. ton of potential” as a cleaner fuel source for trucks and ships. don’t want the ‘clean-technology bust.’ We want to bring “Within a year,” she says, “I had switched to focusing on energy effi- Although burning biodiesel releases carbon dioxide, algae Red Rivals back leadership to the US in green energy by accelerating ciency and how we could avoid the need to construct power plants.” sequesters the gas as it grows, creating an eco-friendly “neutral A similar impulse toward interconnectedness led Bhavik business, policy, and technology innovation.” Today Berman, who attended the Evening & Weekend MBA cycle,” Caspari says. And while biofuel sources like soy or corn Joshi, MBA 09, to launch the Berkeley-Stanford Clean Tech Coleman points to another difference between the green Program, manages 350 employees as PG&E’s senior director of cus- divert crops from the food market and are in short supply, algae Conference series last year. Joshi, a student in the Berkeley- energy and Internet booms. “Unlike the Internet, you can’t tomer energy efficiency, solar, and product development. She oversees can grow quickly in large yields on marginal land, he adds. Columbia Executive MBA Program, was frustrated with throw a lot of Red Bull and pizza and some money at people a $900 million annual budget to help customers install solar energy and The UC Berkeley Management of Technology (MOT) conferences that were too general and so crowded that it was and say ‘Go for it!’ The best ideas in green energy don’t become more energy efficient. PG&E provides rebates for energy-effi- program introduced Caspari to Aurora’s future co-founders: hard to bend the ear of the panelists. His solution: An annual necessarily just get done with effort and time,” Coleman cient products, from compact fluorescent light bulbs to high-efficiency Guido Radaelli, MBA 06, now Aurora’s series of two or three more personalized events, limited to 250 explains. “In energy and clean technology, you are dealing air conditioners. It seems to be working: While per capita energy use VP of engineering; and Bertrand Vick, now people and one topic each, so that everyone gets a chance to with the fundamentals of physics, biosciences, and chemistry, has increased by 50 percent nationwide over the past three decades, it’s Aurora’s chief scientific officer, who finished chat. This year’s conferences focused on electric vehicles and and those are a challenge.” stayed relatively flat in California, Berman notes. his Ph.D. in molecular and cell biology this year. solar energy, featuring panelists like Roy Kuga, VP of energy Haas students, meanwhile, have the added advantage But California has an ever-expanding population, and Berman’s Caspari met Vick in MOT Executive Director supply for Pacific Gas & Electric, and Chris Paine, the director of being surrounded by other UC Berkeley departments goal is to address at least half of that new demand via energy effi- Andrew Isaacs’ Opportunity Recognition class. of the 2006 documentary Who Killed the Electric Car? and schools that are leaders in the sciences. Thanks to an ciency and solar installations, rather than new power plants. Haas classmate Radaelli, meanwhile, was tran- Most notably, Joshi brought BERC together with its cross- unprecedented, though controversial, $500 million grant “California’s objective is to have 1 million solar roofs installed over sitioning from an engineering background to bay counterpart, Stanford University Energy Crossroads. from British Petroleum, Berkeley is currently building the the next decade, and we’re trying to do our part to make sure that renewable energy. “Rivalry is good on the football field,” says Joshi, “but this Energy Biosciences Institute, charged with developing alter- happens,” Berman says. So far, almost 25,000 PG&E customers have “I was thrilled by not only the promises of a is an opportunity for the smartest brains in business, policy, native energy sources. gone solar. rapidly expanding industry, but especially the and engineering to collaborate, cross-pollinate, and create Admittedly, past student interest in energy was a bit Part of Berman’s job is brainstorming what she calls “future fron- feeling that I could play a critical role in the development of a new companies to find real large-scale solutions to address cyclical, says Borenstein, a nationally recognized energy tiers” -- ideas about creating sustainable, energy-savvy communities. technology with the potential to radically improve our lifestyle,” the climate crisis.” expert who drew some heat for a recent critique of the “In areas where whole new communities are being developed, there Radaelli recalls. For many Haas students, including Joshi, the greening cost-efficiency of solar photovoltaic panels. Enrollment in are opportunities to build in sustainability and energy efficiency, and In 2005, the trio conceived of Aurora as a renewable energy of the energy market has meant a chance to get in on the his energy class, for instance, waned during the dot-com reduce the carbon footprint,” she says. company focused on transforming algae into fuel. In 2006, they ground level of an exciting new business. Joshi recently craze, boomed during the California energy crisis, and then For example, California uses an enormous amount of energy won the Berkeley Business Plan Competition and the Global joined Better Place, a startup developing infrastructure dropped again. This year, the class was maxed out, and pumping water to homes, then pumping it back to centralized water Intel +UC Berkeley Technology Entrepreneurship Challenge. for electric cars. Several recent grads have launched their National Public Radio even sent a reporter out to cover the treatment plants. What if wastewater could be treated on-site, and the Noventi signed on as the lead investor in Aurora’s first round own green energy companies, including Matthew Caspari course’s three-week computerized simulation, in which stu- resulting “gray water” used for watering plants or flushing toilets? Or, of venture capital funding after Aurora won the business plan and Guido Radaelli, both MBA 06, co-founders of Aurora dents compete to sell electricity and trade carbon credits. what if new homes could be designed so that their roof angles and competition. Aurora also received a boost from David Charron, BioFuels (see sidebar); Zach Gentry, MBA 05, co-founder Yet with this latest spike in energy enthusiasm, orientation maximize their solar energy collecting potential? executive director of the Berkeley Entrepreneurship Laboratory, of Adura Technologies, which makes office lighting more Borenstein predicts a sea change in public priorities. “The Berman also designed PG&E’s ClimateSmart program, which lets which initially housed the startup. energy efficient; and Matt Evans and Jit Bhattacharya, both events that are driving it are climate change and very high customers balance out the greenhouse gas emissions associated with What a difference two years and nearly $5-a-gallon gas MBA 08, founders of Live Climate, a nonprofit that works to energy prices, and neither of those is going away anytime their PG&E electric and gas use for a small monthly charge. have made. Aurora, now based in Alameda, Calif., completed offset carbon emissions. soon,” Borenstein says. “The interest we’re seeing in energy Although much interest in green energy has focused on startups, a $20 million second round of funding in June. With that is not something that’s going to come and go. Berman notes that working within an established utility can yield big funding, Aurora, still in the research stage, is shifting its focus to I think it’s going to be with us for at least a decade.” results. She says, “I have a lot of resources to work with in a large com- improving and scaling up its processes. VC Enthusiasm Students, he adds, are also taking a longer view. pany and can have a big impact steering those resources to programs that advance clean and green technology.” “When we first started, people said, ‘You want to do what?’” Investors, too, are eagerly coming aboard. Venture capital “Students are looking for a broader payoff from their Caspari says. “Now the problems of first-generation biofuels investments in clean technology are showing record growth, careers, and this is a field where they feel like ten from food crops have pushed a lot more interest onto algae.” even as the overall venture industry has slowed down, years out, they will see themselves as doing something according to the National Venture Capital Association, meaningful.” CB

12 CalBusiness Fall 2008 Fall 2008 CalBusiness 13 Yossi Bachar, MBA 85, Maura O’Neill, MBA 04 Ph.D. 87 Chief of Staff, US Sen. Maria Cantwell (D-Washington) Executive Committee Chairman, Washington, D.C. Your Haas Network University of Haifa Lots of people told Maura O’Neill, MBA 04, she was crazy to come to Haas Former Director General, after starting three companies. But she wanted to reflect on and expand Israel Ministry of Finance her skills, and chose the Berkeley-Columbia Executive MBA Program to get Tel Aviv, Israel the best of both universities. Doctoral studies at Berkeley are easy for no one. She one-upped her own expectations: The serial entrepreneur also Yossi Bachar, MBA 85, Ph.D. 87, who would one helped classmate Bryce Johnson, MBA 04, build a Web 2.0 textbook day become director general of Israel’s Finance company, which they sold in March. “I believe that you have the most Ministry, found them particularly jolting. amazing life if you are a voracious and continuous learner,” says O’Neill, “UC Berkeley was the first place in which I felt who lectures on entrepreneurship with the Haas School’s Lester Center for I was under pressure to study hard,” says Bachar, Entrepreneurship and Innovation. who had been an outstanding undergraduate at In January, O’Neill’s career took another turn when she became chief Hebrew University. “During my first ten weeks at of staff to US Sen. Maria Cantwell, a Washington State Democrat whom Berkeley, I studied more than in all of my under- O’Neill has known since 1992. Cantwell is a leader in energy reform, graduate studies put together.” also O’Neill’s passion. As Cantwell’s top aide, O’Neill has organized Senate He learned finance and banking from David hearings on oil prices and is leading the charge on clean energy tax Pyle, now the Willis H. Booth Professor Emeritus of incentives. On a typical day, O’Neill may also tackle issues of media consoli- Banking and Finance at Haas, as well as economics dation, wiretapping, Medicare, and Iraq War financing -- all before lunch. from future Nobel laureate George Akerlof in the “My life has two main threads: I’ve invented most things, and I’ve always Department of Economics. tried to make a difference,” says O’Neill. “I thought there must be a way to Perhaps most importantly, Bachar learned “how build a profitable business and step more lightly on the earth.” to approach a problem, how to analyze it.” O’Neill wrote her own degree program in environmental studies at Akerlof, he says, urged him to “try to solve any the University of Washington, and now she’s completing a doctoral problem first in the simplest form. If it works, move dissertation there on unconscious bias in decision making. forward; if it doesn’t work, then the theory doesn’t From 1982 to 1995, she headed O’Neill & Company, advising work. So try something else.” electric utilities on energy efficiency and then pioneering curbside Enduring Berkeley’s rigors gave Bachar con- recycling programs. She then followed with two more creations: ConnexT, fidence years later, when the Israeli government a software company serving the deregulated energy market, and Paraag Marathe, BS 99 tapped him to address the near-total control the ImproveMyBusiness.com, which used the Web to help streamline small Vice President of Football Operations businesses. Next she served as CEO of Explore Life, a public-private effort to five largest Israeli banks had over the nation’s San Francisco 49ers, Santa Clara, Calif. capital market. Businesses that needed capital had build Seattle’s life sciences industry. Every Sunday during football season, Paraag Marathe, BS 99, feels virtually nowhere else to go. As director general of Along the way, she and her husband raised two children. “I’m a mom, partially responsible for whether the San Francisco 49ers win or lose. He the Finance Ministry, Bachar called on the habits and you learn to multi-task very well,” O’Neill laughs. “I’ve always done doesn’t catch touchdown passes, kick field goals, or sack quarterbacks. ingrained in him from Berkeley to institute a series volunteer work, my businesses, and family stuff, so this job is actually a little But he signs the players who do. of capital market reforms. easier because it’s all in one place.” As the team’s vice president of football operations, Marathe negoti- “At the first meeting of the Bachar Committee, I ates player contracts and manages the salary cap – the limit a team said, ‘We are going to approach this problem from can spend on players’ salaries. He never imagined he could work for his scratch. What is the main problem? There’s not favorite childhood football team until his sophomore year at Cal, when he enough competition in the capital markets. How saw the Tom Cruise movie Jerry Maguire. can we fix that?’” recalls Bachar, who was previ- “If you were not an athlete, I didn’t know there was a career in sports. ously a managing director at Arthur Andersen in But Jerry Maguire let me see that there’s the agent side of it and the front Israel. “This line of thinking was enhanced signifi- office side of it,” he says. “That’s when I realized I wanted to get into sports.” cantly by my Berkeley education.” While studying at Haas, Marathe interned at IMG, a sports marketing And that line of thinking led to the “Bachar and management firm. After graduating, he joined management con- Reform,” which forced the nation’s top five banks sulting firm Bain & Co., who 49ers executives hired to help evaluate to release their control over provident and mutual potential draft picks. Marathe impressed the Niners brass so much that funds. By opening those funds to new players, the they offered him a job, and he’s steadily risen up the ranks ever since. reforms that Bachar helped develop have been Marathe is credited with developing new statistical methods for evalu- cited as a main factor contributing to Israel’s swing ating and acquiring players and managing the team’s salary cap, which from a recession in 2003 to a boom in 2005. in the early 2000s prevented the team from having funds to get or hold In addition to Berkeley, Bachar credits some new players. He also has developed extensive databases on players and of his success to timing and luck. “In a crisis, their salaries to better compare players with similar skill levels when he’s people are willing to accept tough measures,” says negotiating a contract. Bachar, who now runs his own consulting firm Marathe’s goal, of course, is to help the team win again. “It doesn’t feel and is chairman of the executive committee of the like a job,” he says. “It’s like a hobby to me because I love it so much.” University of Haifa. As Marathe enters his eighth year with the 49ers, he credits Haas for As the Finance Ministry’s director general, building the foundation for his success. “The level of intellect there makes Bachar also led Israel’s economic discussions with you raise your own game,” he says. “My ability to break down problems in the United States. Whoever wins the presidential a logical, rational way and go from Point A to Point B all started at Cal.” election, he believes the relationship will remain close. Bachar says, “America and Israel share so 14 CalBusiness Fall 2008 many joint interests.” Fall 2008 CalBusiness 15 Erik Holmlin, MBA 06 Chief Commercial Officer, Exiqon A/S Tustin, Calif. Your Haas Network Long before the media took notice, Erik Holmlin, MBA 06, understood the pressing need to diagnose carriers of antibiotic-resistant superbugs more quickly than two or three days. A faster test, he knew, could mean the difference between life or death from pneumonia or a bone Marcos Kulka Kuperman, MBA 01 and skin infection. General Manager/CEO “The carriers of these superbugs are asymptomatic. You admit them Fundación Chile and they transmit the bugs to other patients,” says Holmlin, who started Santiago, Chile molecular diagnostic company GeneOhm Sciences with his Ph.D. advisor Soon after earning his degree from Haas, Marcos Kulka in 2001 while doing post-doctoral chemistry work at Harvard. “To prevent Kuperman, MBA 01, began what would seem to be an transmission, you need a test that gives results within hours.” ideal job for a recent MBA graduate from Chile: a position GeneOhm began selling that test in 2005. So far, nearly 2 million at Visa International managing strategic commercial alli- patients have been tested. ances for Latin America. But two short years later, Kulka left While working as chief technology officer at GeneOhm, Holmlin Visa in Miami to return to his native country. enrolled in the Berkeley-Columbia Executive MBA program to gain a better “When you’re in the US as a foreigner, you always grasp of the business side of his company. He found himself have the urge to return home and develop value for your juggling the sale of his 230-person startup while studying for his MBA. country,” says Kulka. “Plus, you also get interesting opportu- He recalls a nail-biting stint in a student conference room at Columbia nities: To be a CEO at 35 is not that common.” trying to hammer out a deal. But that uncommon position is exactly where Kulka “The deal fell apart during one conference call,” he says. “I was just has landed, as CEO of Fundación Chile, a 32-year-old crushed and I had to go back to class for the week.” A weekend scramble foundation funded by Chile’s national government; ITT put the deal back on the table and Holmlin sold GeneOhm for $230 million. Corp., a high-tech engineering and manufacturing com- At Haas, Holmlin found Professor Philip Tetlock’s Organizational pany in Atlanta; and BHP Billiton, an Australian mining and Behavior class surprisingly insightful. His skepticism toward the less oil industry giant. Part venture capital firm, part business analytical nature of the course quickly faded, he says, as he learned to incubator, and part technology developer, Fundación Chile Kathleen Earley, BS 75, MBA 77 appreciate that human behavior “makes the difference between a company’s success and failure.” launches and builds technology-based businesses. President and COO, TriZetto Holmlin is now chief commercial officer of Exiqon A/S, a Danish com- The opportunity to create businesses – Kulka’s profes- Newport Beach, Calif. sional goal – convinced him to leave Visa for Fundación pany that recently entered the US oncology diagnostics market. He is Kathleen Earley’s move from telecom pioneer to health care technology bringing the principles applied successfully in GeneOhm to cancer testing. Chile in 2003. Kulka began by overseeing business develop- executive might seem an unlikely leap. But the transition makes complete ment, providing business design and contract know-how to “It’s about teaching people – physicians and patients – that they can do sense to Earley, BS 75, MBA 77, president and COO of health care software things differently,” he says. startups like Oleotop, a $20 million-a-year supplier of rape- maker TriZetto. “The common theme throughout my career is applying seed oil (a fish food) to the salmon industry. And he negoti- technology toward solving hard business problems,” she explains. ated licensing agreements with Swiss biotech firm Novartis At Newport Beach, Calif.-based TriZetto, Earley is tackling inefficiencies for a salmon vaccine co-developed by Fundación Chile. within the health care system. Her company’s software systems target “In large companies, business development happens everything from administrative waste to improving the cost and quality of over a really long term, ten years,” says Kulka. “But the hospital care to building networks that better manage patient disease. foundation puts out three or four businesses a year.” While at Haas, Earley’s fascination with global monetary systems Kulka jumped to the corner office in early 2006, led to a thesis on currency trades in the pre-computer era. “What I took when the foundation’s CEO became Chile’s minister away from Berkeley is to never be afraid of the numbers or the story the of public works and its president became CEO of the numbers tell,” says Earley, whose first job out of Haas was selling IBM’s CODELCO mining company. Headhunters hired by the technology to Bank of America and Wells Fargo. foundation’s new president quickly realized that Kulka After 17 years at IBM, Earley joined AT&T in 1994 and founded its knew Fundación’s business better than anyone. In a June first Internet business division, developing and marketing services like article for El Mercurio, Chile’s largest newspaper, a top Internet access and Web hosting to corporate customers. headhunter in Chile named Kulka one of Chile’s top seven She grew the division into a $1 billion powerhouse that provided a young CEOs. data communications backbone which helped fuel the Internet boom. By Before Haas, Kulka received a degree in commercial 2001, however, after working under four AT&T chairmen, Earley turned engineering at Chile’s Catholic University and went on to down the chief marketing officer job and decided she needed a break. work at CB Financial Group and CMPC, a Chilean paper “I took three years off, served on five corporate boards, and got to products company. For Kulka, Haas was the right stepping finally enjoy my kids and go to a baseball game,” she says. stone from finance and marketing to high-tech. After pondering early retirement, Earley accepted a job in 2004 with “To develop new businesses, beyond having the per- TriZetto instead, joining company founder Jeff Margolis’ mission to change sonality, you need a background in finance, marketing, and health care. Since Earley joined the now ten-year-old company, TriZetto’s negotiations. That’s what I strengthened at Haas,” Kulka annual sales have nearly doubled from $280 million to a projected $500 notes. Plus, he adds, “Haas was very oriented toward million in 2008. Within the last few months, she also helped sell TriZetto, technological innovation.” which was publicly traded, to a private equity firm for $1.4 billion. That combination has made Kulka a generalist. And, he But for Earley, success is not only financial; it’s about revolutionizing says, “Being a generalist has helped me to handle every- an inefficient industry and enjoying the ride. “Every day I learn something, thing from renewable energy to vaccine development.” and I love it,” she says.

16 CalBusiness Fall 2008 Fall 2008 CalBusiness 17 Undergraduate

1959 is about to start his MBA at the John C. Wilson Jr., BS, has University of Houston. I want to been living in San Francisco since thank Berkeley for the wonderful Tenny Frost Expands graduation. He has been married education it provided me.” Professional Role at Haas to Kristin for 43 years. They have Carl Jacobs, BS, of Tenny Frost, who built up the Haas Alumni three children living in New York, Woodland Hills, Calif., writes, Los Angeles, and San Francisco, “I always wanted to retire from Relations team as director and executive and two granddaughters. After a management consulting and go director, has been promoted to executive career in accounting, high finance, back to school to study music and director of alumni relations and annual giving. and business management, he have done so, though I still work News from Haas Alumni started his own valuation firm in a little. I recently sang solos of St. In her new role, Frost will work closely with Alumni SubmitNotes your news online at 1989. He still practices, but on his Sean’s Christmas Oratorio with both Leslie Kanberg, director of Alumni http://haas.berkeley.edu/alumninotes own hours. the San Francisco Valley Master Relations, and a new director of the Annual Chorale, sing with my jazz band, Fund to develop strategies, synergies, and 1960 including recently for a fundraiser support for the Alumni Relations and Annual Tenny Frost, Milton (Chow) Fung, BS, honoring LA’s mayor and for the Fund units. Frost has been a dedicated Undergraduate 1955 of Oakland writes, “I am a big Executive Director of Method Fest Film Festival. I also Alumni Relations and member of the Haas Alumni Relations team Roscoe (Skip) Brooks, Olympic Games fan. I have been perform solo, especially wed- Annual Giving HAN to Create Industry-Focused 1940 BS, of Danville, Calif., writes, to the following Olympic Games: dings and holiday music. I will be since 1994. Virtual Communities David Rea, BS, of Stockton “We joined another Bear Treks 1964 Tokyo, 1968 Mexico City, singing the National Anthem at “Tenny has proven to be an effective manager with a focus on team- writes, “Still playing golf!” (Cal Discovery) trip this year to 1972 Munich, 1984 Los Angeles, the Cal/Stanford men’s basketball work, results, and customer service,” says Larry Lollar, assistant dean, By William Ledeen, MBA 86, HAN Alumni Council Member complement our trip to China in 1996 Atlanta, and 2008 Beijing. game Feb. 14. I have been active development and alumni relations. “Tenny’s passion for the Haas 1948 2007. This time we ventured to Sure the lines are long, the prices in Haas alumni affairs, planning In response to feedback from alumni, the Haas Alumni Network Europe with 20 other Bears for a unreasonable, the security stifling, events and serving on the LA School -- which she has demonstrated again and again -- will serve us

(HAN) is creating new “virtual communities” to foster more com- Ivan Houston, BS, trip up the Rhine River and onto but the experience is exhilarating! Board, and Development Council. well as she expands her duties to include the Annual Fund.” writes, “I received the Lifetime munication and career opportunities among members. Switzerland – 16 days of excite- See you in London!” I was just elected to the Board of Achievement Award from the ment and awe. “ Trustees of the California Science International Association of A recent survey of nearly 2,000 Haas alumni revealed that alumni Center Museum. I have recently Black Actuaries in Washington, 1962 desire more networking events and activities focused on specific traveled to Russia, Galapagos, dream business. We have been D.C., Aug. 2. I am the retired 1957 Carlo Odella, BS, of Dayton, Dean Meyer, BS, of industries and disciplines. In addition to developing more such Machu Pichu, Greece, and former able to structure my practice so CEO of Golden State Mutual Life Karl Wahl, BS, of Toronto, Ohio, announces that his son and Ridgefield, Conn., released the Yugoslavian countries.” that we have time to pursue our events, a new task force of the HAN Alumni Council is creating Insurance Co. of Los Angeles. I Canada, writes, “I retired in June his wife just had their second set FullCost software and business 2000 after working for 50 years, of twins! The older girls are 33 passion – travel, gourmet cooking, planning process, which organiza- “virtual” industry- and discipline-focused communities of Haas have served as a board member Vijay Kumar Pandit, BS, of including 32 years as CEO months old, and the new boy and wine, and time together.” tions, such as IT departments, use alumni that transcend geographic boundaries. of Pacific Telesis Corp., First Mountain View, Calif., writes, “After with five different companies girl twins are 2 months old. to attach costs to their service Interstate Bank (now Wells graduating I did actuarial work and in transportation and distribu- 1966 catalogs. He’s putting his Haas These virtual communities are poised to put the Haas Alumni Fargo), and Kaiser Aluminum passed three Society of Actuaries tion. I invented the hub and Stephanie (Kaiser) Eddy, School training to work, applying Network at the cutting edge of business school alumni services. and Chemical Corp. I served as a 1963 exams. After that I joined IBM spoke method of managing road BS, of Santa Rosa, Calif., writes, business concepts to organiza- To our knowledge, Haas is one of the first top business schools to member of the Berkeley Business Ronald Cassano, BS, main- in San Francisco. I also worked transport in 1965. My wife and I “Instead of retiring, my husband, tions within the business. School, now Haas , from 1980 tains a CPA practice, serving as for IBM competitors Memorex have industry-focused chapters to serve a worldwide community. moved to Canada in 1969, and Dorr (Art Center School ‘65), and to 1985. I am completing my treasurer of the Diablo Symphony and later BMC until 2005. IBM I became a Canadian citizen in I are growing our online business Erick We envision these affinity groups enabling alumni worldwide to memoirs as a combat infan- Association and city treasurer of San Jose hired me several times 1980. We have been married (www.calliopedesigns.com) as a Vinther, BS, tryman in the all-black 92nd Walnut Creek, Calif. – the last time was in 2007 at its exchange ideas, to network, and to explore career opportunities for 50 years in August and have retail addition to the wholesale former senior Infantry Division, which fought Silicon Valley Labs. I am a member in a managed and secure online environment. Initially we plan raised three children. We have business we’ve had since 1976. marketing in Italy during World War II. I of the Board of Advisors of to support existing affinity groups (for example, real estate and traveled to 35 countries since I 1964 While we’ve had factories in consultant with am also a member of the Big C InternetSpeech, a startup offering retired.” Serge Matulich, BS, see Santa Rosa, Calif., and Mexico in Grubb & Ellis, biotech) with new online services. We also plan to develop new Society, having earned my varsity a connection to the Internet by PhD 1971 notes. the past, we are currently having Menlo Park, affinity groups allied with specific centers of excellence within letter in track and field in 1946 any phone using just the voice. I our products made in southern Presidents the Haas School (such as the Lester Center for Entrepreneurship and 1947.” 1958 Schuyler Bailey, BS, see also ran an import/export business China and enjoying our associa- Erick Vinther, Club producer and Innovation, the Management of Technology Program, or William Clark, BS, of El MBA 1965 notes. in between my software assign- BS 73 tions and travels there.” with Coldwell the Center for Energy and Environmental Innovation). We will be 1954 Dorado Hills, Calif., writes, “I ments. My first grandchild, a girl, Banker and broker associate calling upon Haas alumni to help us prioritize and to volunteer to Eugene Bramhall, BS, of am enthusiastically involved in 1965 was born to my daughter, Amba, with McGuire in San Francisco, my second career as a contract 1972 lead affinity groups in the coming months. Provo, Utah, writes, “I retired as Nancy Beyer Burpee, BS, on May 30. I am active with the established his own firm, Vinther general counsel and assistant to recruiter, which began in 1991 of Houston, Texas, writes, “I am California Democratic Council and Glenn Carlson, BS, of Properties in Burlingame. Prior after being in high-tech sales and Las Vegas, Nev., writes, “I am So please watch for e-mail announcements about this exciting the president at Brigham Young adjusting to retirement after 30 contribute writings to their chat to his career in real estate, he sales management. Like most of still flying internationally with new venture and be prepared to contribute your innovative ideas University in 2000 after spending years as an accountant and con- group. I am also a supporter and was national sales manager of 18 months with my wife of 54 those who have worked in Silicon contributor to the International retirement less than two years and preferences as we embark on this important expansion of the troller, having my own consulting Zircon International and West years (we met as freshmen at Valley, I have experienced fabu- business as an outside controller Committee on Tibet..” away. I have flown to Beijing Coast regional vice president of Haas Alumni Network. Berkeley) in Jerusalem at the lous good times and weathered for small and medium sized com- numerous times over the last Beecham Cosmetics, Lancaster/ Brigham Young University Center many economic storms, including panies. I’m considering being a Barbara (Schwartz) two years watching the prepara- Vita Bath, and Max Factor. In the meantime, the new Affinity Groups Task Force is particularly of Belmont, For Near Eastern Studies. I several startups that didn’t make it volunteer for Junior Achievement Steinmetz, BS, tions for August 2008. My son Calif., writes, “I have been the focused on the technology challenges of supporting virtual com- resumed private law practice with and one that did. I enjoy working at our neighborhood elemen- has become a professional pilot, president and owner of Steinmetz 1974 munities, including which technologies are most effective at con- a large Salt Lake City, Utah, law in the recruiting business because tary school – a bilingual school which makes me proud. My books Financial Planning, a fee-only finan- Larry Batina, BS, of San necting far-flung alumni. If you have expertise, advice, or interest firm. We are the parents of five it has the same kind of constant -- to see if I can inspire this young are still selling and I am getting cial planning and asset advisory Clemente, Calif., writes, “Since in these issues, the Affinity Groups Task Force would welcome children, one of whom practices interaction with people that I generation to dream of being into e-books. I am still trying to firm for the past 19 years as well 1990 I have lived in Southern law with me; 22 grandchildren; experienced in sales. I have no entrepreneurs. My husband, Barry, break 100 in golf.” your participation. For more information, please contact Leslie as an enrolled agent with a sepa- California and engaged in senior and three great-grandchildren. plans to retire. I love to visit the is substitute teaching for bilingual Kanberg, director of alumni relations, at [email protected]. rate tax and audit practice. After finance, operations or general One daughter swam on the UC beautiful campus, go to the foot- students, after he spent 40 years 1973 raising two sons (a biomedical and management positions for private Berkeley women’s team and mar- ball games and see my grandson traveling the Western Hemisphere. Barry Gilbert, BS, see MBA electrical engineer and a pediatric and public CPG, food, nutraceu- ried the captain of the men’s swim playing in the Cal band. I am Our daughter, Hilary, now resides 1977 notes. gastroenterologist) with the com- tical, and biotech companies. I’m team. A second son has his MBA rooting for an outstanding season in San Francisco with her husband, plete support of my husband of starting the fifth year as CFO of and the other two daughters have with Coach Tedford. Students and Shaun. Our son, Adam, is a small- 42 years, I decided to pursue my Alacer Corp., creator of Emergen-C their degrees from BYU. I continue alumni may contact me at any business banker in Houston and to run (five marathons), ski, and time for advice, networking, or just travel as time allows.” to say hello.” 18 CalBusiness Fall 2008 Fall 2008 CalBusiness 19

band, Pieter, and I will celebrate He practices as a corporate busi- Submit your news online at http://haas.berkeley.edu/alumninotes 25 years of marriage. My law ness consultant with Pragmatic partner, Bob Pave, and I formed Financial. The Burnets live part- our boutique law firm, Pave & time in Berkeley and part-time at Alumni Notes Bogaards, almost 15 years ago. their country home in Lake County. Haas Alumni Network Lastly, I just successfully concluded of with sales in major FDMC and my 30th jury trial. I continue to Niloo Soleimani, BS, Sunnyvale, Calif., writes, “ After 22 health channels with responsibility practice both plaintiff and defense years of working in the corporate for classic financial as well as multi- side in personal injury, elder Worldwide Contacts world at four major companies, plant operations, international abuse, ADA, employment law, and traveling around the world, getting supplier contracts, and strategic landlord/tenant law. For the past Maximilian Torres, BS 79, my MBA, doing a lot of community Oregon Germany Venezuela growth options. I remarried in three years, I have been named a with son, Gabriel United States Affinity Group Contacts work, changing careers several Mike Alperin, MBA 05 Matthias Keudel, MBA 97 Jorge A. Viera, MBA 01 2005 and am proud of my son, Northern California SuperLawyer, Arizona Berkeley Chinese Alumni times, I finally found what I would [email protected] [email protected] [email protected] who graduated from Cal’s econ and Top 50 Northern California 1992. He also teaches in execu- Theda Nunn, BS 79 International Association like to spend the rest of my life Pennsylvania Greece department in May (and who Women SuperLawyer. As an tive programs at the University of [email protected] Asia Niandong Wang, MBA 04 doing. I am opening a body, mind, Steve Blechman, MBA 86 Dimitris Giannis, MBA 00 [email protected] found a job!). I make the annual accounting and finance major Michigan when he can. Colorado [email protected] [email protected] and spirit center in the heart of China (Beijing) Brad Bao, MBA 05 trek with fraternity brothers for the at Haas, I am thrilled that my Johan Smet, MBA 97 Silicon Valley to help reduce the Sacramento Hungary Roy Zhou, MBA 06 [email protected] Big Game.” youngest daughter, Danielle, trans- [email protected] [email protected] 1981 Martin Parker, BS 65 Peter Hajdu, MBA 05 Berkeley Digital Media & ferred from Northwestern to Cal daily stresses of the high-tech East Bay Karl Edwards, BS, of Los [email protected] [email protected] China (Hong Kong) Entertainment Club Alan Fong, BS, writes, “We this fall, where she hopes to follow industry and to create healthy bal- Dean Suzuki, MBA 69 Angeles is hosting the weekly San Diego Ireland James Man, MBA 03 Christian Oestlien, MBA 06 will be celebrating our 27th wed- in my footsteps and major in busi- anced lives (www.whisperingwind- [email protected] online podcast, Working Matters. Bill Beeson, BS 56 Carla Feely, MBA 00 [email protected] [email protected] ding anniversary this year with my ness. She is also going to be on center.com). I’m really excited.” Florida These fun interviews cover a range [email protected] [email protected] China (Shanghai) Berkeley-Columbia wife, Charlene (BS, UCSF School the Cal Women’s Crew Team. My Jaime Alfaro, MBA 00 of workplace issues all empow- San Francisco Italy Dr. Jon Zifferblatt, MBA/MPH 04 Alumni Chapter of Nursing ‘77) and have just fin- older daughter, Jamie, is a junior 1986 [email protected] [email protected] ering people to enjoy greater David Gimpelevich, MBA 98 Ada Perniceni, MBA 98 Steve Hartman, BCMBA 06 ished my 20th year with the State at the University of Oregon and Georgia (Atlanta) [email protected] ownership of their lives and Lawrence “Larry” [email protected] [email protected] India (Bangalore) Compensation Insurance Fund. wants to be a teacher. I would love Richard Desarmes, BCMBA 03 Christine Kelly Leong, BCMBA 06 careers. Join the conversation on Schaffer, BS, of Los Olivos, Seattle Netherlands Girish Venkatachaliah, BCMBA 05 Our oldest son, Jordan, is a senior to hear from classmates!” [email protected] [email protected] [email protected] the Web at the Working Matters Calif., writes, “I recently returned Joyce Robertson, MBA 89 Naard Broeckaert, MBA 01 at UC Davis, majoring in political Georgia (Augusta) [email protected] [email protected] Blog at www.boldenterprises.com. to school and received my India (New Delhi) Biotech Alumni science. Our daughter, Dana, is a Anson Wong, BS, of El master’s degree in viticulture Brooks Mendell, MBA 00 Rahul Chandra, EWMBA 05 Reza Afkhami, MBA 03 Karl owns and is principal at Bold [email protected] South Bay Norway junior and will be joining him at UC Dorado Hills, Calif., writes, “After [email protected] [email protected] Enterprises Cultural Architects, and enology at UC Davis. Since Victor Adint, MBA 98 Tor Erland Fyksen, MBA 93 Davis, majoring in interior design/ a successful 20-year career in Hawaii [email protected] Bankia [email protected] Diversity Alumni a coaching and consultancy firm graduating in 2005, I’ve been Indonesia communications. We are also finance and marketing at Intel employed at Fess Parker Winery Kehau Kali, MBA 95 Matt Sinder, MBA 99 Monica Stevens, MBA 96 that equips leaders and teams [email protected] Texas (Austin) Portugal active at the First Chinese Baptist Corp., I retired in 1998. With my [email protected] [email protected] to design their own workplace and am assistant winemaker. Matthew Kaminski, MBA 06 Dana T. Redford, BCED Church in San Francisco.” wife, Marien (BA, class of 78, Intel I have also just launched my Illinois [email protected] [email protected] Japan Energy Alumni cultures. Cindy Karasick, MBA 02 retiree in 2001), we raised two own wine label, Tercero Wines. Texas (Houston) Russia Hidenori Fujii, MBA 03 Urvi Parekh, MBA 09 beautiful daughters who are now [email protected] [email protected] [email protected] 1977 Joann (Martens) Weiner, I specialize in Rhone red and Arturo Cornejo, MBA 92 Konstantin Maslov, BS 00 both in college (Kristin, Pomona Iowa [email protected] [email protected] Philip Cernuto, BS, was BS, is contributing editor, Tax white wines, including grenache, Korea Entrepreneurial Alumni College 08, currently at USC Jennifer Kakert, EWMBA 01 Mat Fogarty, MBA 01 appointed vice president at Lincoln Analysts, and adjunct professor of syrah, mourvedre, and grenache Utah Spain Jay Jung, MBA 03 pursuing her MA in communica- [email protected] [email protected] [email protected] Industries, an international manu- economics at George Washington blanc. Visit my Web site, www. Doug Clark, MBA 98 Mario Alvarez-Fernandez, tions; Caitlin, a freshman at Cal, tercerowines.com. Feel free to e- Los Angeles [email protected] MBA 98 Philippines Gay, Lesbian, Bisexual and facturing company headquartered University. She returned to Sherman Chin, BS 95 [email protected] Transgender Alumni pre-business). During my ‘retired’ mail me anytime just to say hi or to Washington, D.C. Joey Yujuico, MBA 71 in St. Louis, Mo. He and his wife, Washington, D.C., in 2006 after [email protected] Brian Jordan, MBA 06 years, I founded the El Dorado arrange for a visit, tour, or tasting Michelle Walker, MBA 02 Switzerland [email protected] Lisa, have four children. living in Brussels for seven years. Michigan (Detroit) [email protected] Hills girls’ AAU basketball program of my wines and the Fess Parker/ [email protected] Urs Huber, MBA 93 Singapore She wrote a book on company Peter Laudat, MBA 98 [email protected] Health Management Alumni Pamalah McNeeley, BS, and served on several nonprofit Epiphany Cellars offerings. “ Matthias Goertz, MBA 95 tax reform in the European Union, [email protected] [email protected] Association of Forest Knolls, Calif., “We supple- boards, including the Sacramento Canada Turkey Guidance from the United States Michigan (Midland) Melissa Schoen, MPH/MBA 90 Asian Sports Foundation. I also Ken Sunoo, BS, writes, “In Calgary Eyup Gulsun, MBA 03 Sri Lanka [email protected] ment the fuel you are using now and Canada on Implementing [email protected] had time to pursue my love of the the summer of 2007, my family Elizabeth Singleton, MBA 08 Russell Kalmacoff, MBA 65 Anosha Subasinghe, BS 91 with hydrogen created in our Formulary Apportionment in the Elizabeth_Singleton@mba. Real Estate Alumni violin after a 20-year hiatus and and I were able to visit Korea and [email protected] [email protected] hydrogen-hybrid generator. This European Union (Springer: New berkeley.edu Latin America Jennifer Von der Ahe, MBA 05 currently play in the first violin Edmonton Taiwan system improves on Faraday’s York, 2006). She has a Ph.D. from Scotland after we were awarded Missouri [email protected] section of the Folsom and Auburn a Lilly Foundation Pastoral Erik Dmytruk, BS 01 Argentina Renee Wang, MBA 00 electrolysis with a patented design Harvard University, is a member of David Dickey, MBA 98 [email protected] Marcelo Quinones, MBA 97 [email protected] South Asian MBA Association Symphonies. “ Sabbatical Grant. For the past 10 [email protected] to make the highest amount of the Board of Community Tax Aid [email protected] (SAMBAA) Toronto Thailand hydrogen we have seen. Our in Washington, and a volunteer years, we’ve been enjoying life in Monterey Anurag Mairal, EWMBA 05 Seattle, Wash.” David Hirtenfeld, MFE 07 Brazil Apollo Chansrichawla, MBA 95 [email protected] hydrogen-on-demand generator 1979 income tax preparer. She is mar- Jeff Johnsen, MBA 94 [email protected] Fabio Matsui, MBA 03 [email protected] installs in cars, truck, (or any com- Nancy Riddle, BS, see 1984 [email protected] [email protected] Venture Capital Alumni ried to Richard Weiner and has Raymond Young, BS, Vietnam (Hanoi) bustion engine) to increase fuel MBA notes. Nevada Linda Behnke, MBA 96 three children, Josh, Stephen, writes, “I have become a full time Australia/ Chile Linh Do, MBA 04 [email protected] mileage from 20 percent to 40 Kathleen Forsyth, MBA 76 and Naomi.” CPA, self-employed in Fremont, New Zealand Marcelo Vasquez, MBA 02 [email protected] percent. We are building a sales Gabriel Anthony Torres was born [email protected] [email protected] to Maximilian Torres, BS, Calif. I was an IRS agent for Australia Vietnam (Saigon) distribution network now. See New England Gina Shafransky, BS 01 Colombia and Devra in Ann Arbor, Mich., 1985 five years, and my clients really Chris Zobrist, BS 02 Hydrogen-hybrid.com.” George Reitter, MBA 70 [email protected] Leland “Lee” Miles, MBA 70 [email protected] on July 24. His seven siblings Douglas Burnet, BS, mar- appreciate that experience. I did [email protected] New Zealand [email protected] – Esther (17), Baron (15), Miriam ried Logan Waters in August joint ventures with Deloitte and 1978 New York Ross McConnell, MBA 04 Guatemala Middle East (13), Rachel (10), Susanna (8), 2007 in Berkeley’s Tilden Park. Touche under Jeanpierre & Co. Gwendaline Mazzara, MBA 01 [email protected] Debra (Fink) Juan Mini, MBA 99 Iran Juan Diego (5), Johanna (3) CPA’s. I also became a professional [email protected] [email protected] Bogaards, Arta Pirouz, BS 06 – are ecstatic, especially his photographer for about 15 years, North Bay of San Europe Mexico City [email protected] BS, two brothers. Max continues to photographing red carpet awards Christina Hollingsworth, BS 00 Francisco Belgium Carlos Dieguez, MBA 98 Israel teach corporate and securities (Emmys, Teen Choice, Billboard [email protected] [email protected] writes, “ I cele- Naard Broeckaert, MBA 01 Hagit Katzenelson, MBA 98 law at Ohio Northern University’s Music), Miss Universe, Miss USA, North Carolina [email protected] brated my 50th Ricardo Suarez, MBA 03 [email protected] Pettit College of Law, and busi- and Miss America. I’m also an P.J. De Leon, MBA 94 [email protected] birthday with a England Kuwait ness ethics and organizational expert marketer, studying under [email protected] sock hop, which Diego Groiso, MBA 02 Peru Rehda Behbehani , MBA 82 behavior at IESE Business School Jay Abraham, Chet Holmes, Dave Orange County [email protected] I’ve done every Freddy Amprimo, MBA 03 [email protected] (Barcelona) where he earned his Lakhani, Frank Kern, Kevin Hogan, Bart Young, MBA 75 [email protected] Debra (Fink) five years since [email protected] France Bogaards, BS 78 Ph.D., and has taught since gradu- and others.” Damien Dirringer, MBA 96 age 30. My hus- Douglas Burnet, BS 85, with [email protected] ating from Harvard Law School in fianc´ee, Logan Waters

20 CalBusiness Fall 2008 Fall 2008 CalBusiness 21 MBA

Submit your news online at Kevin Long, BS, writes, Greg Haack, BS, writes, “I’m taking Japanese classes, planning 1967 http://haas.berkeley.edu/alumninotes “After Haas School of Business happy to announce my marriage the wedding for August 2009, Peyton (Tim) Carr, MBA, of and Hastings College of Law, I on June 21. My wife, Thu, and I and collecting Cal gear for the Newmarket, N.H., retired in 2004 started the Law Offices of Long live in Irvine, Calif. I’m a partner upcoming football season.” after 30-plus years as an American Alumni Notes & Associates in Monterey Park, at Pacific Group health insurance Airlines pilot. He enjoys gardening, focusing on business and immigra- brokerage in Laguna Hills.“ 2004 landscaping, and volunteering on tion legal matters between Greater Trista (Thompson) his town’s zoning board of adjust- China and the United States.” 2001 Owens, BS, writes, “My ment. Michelle Maykin, BS 04, Diana Rothschild, BS, husband, Phillip M. Owens, writes, “After graduating in 2004 1996 of San Francisco writes, “I am MBA, 2004, and I had our first 1969 with a double major in busi- Ron Mahabir, BS, has been excited to share that in the past child, Elliot, on Aug. 7, 2007. We Wallace ness and political economies, in Singapore for two years and is year, I completed my MBA (at absolutely love being parents. Lowry, I began working for KPMG in focused on the development of our rival school in the South Professionally we have been Philip Wu (far right), BS 07, and friends at the Berkeley Club Gala in Shanghai MBA, San Francisco. Surrounded by clean energy projects in the Asia Bay) and started working at Blu weathering the real estate storm writes, “ amazing friends and my loving Pacific with Asia Cleantech Capital Skye Sustainability Consulting that has hit California so hard in I started husband, Van Le, BS 02, things (asiacleantech.com). The firm is (www.bluskye.com). We focus on recent months. Being that we both 2007 from 1989 to 1990, when he teaching were looking great until I was transferring proven clean tech- helping the world’s largest com- work in real estate development Phillip Wu, BS, writes, “After served as resident director of inter- in 1969 at unexpectedly diagnosed with nologies to projects in the region. panies and industry leaders think in Orange County, Calif., -- I’m an graduating from Berkeley, life at national programs for California Sonoma Acute Myeloid Leukemia in Please contact ron@asiaclean- about creating business value by assistant controller for a major home didn’t give me the same State University students abroad. State February 2007. tech.com for more information. incorporating a sustainability lens regional firm, and Phil is a director excitement and energy as I expe- A 1999 article in Chess Life University Ron and his wife, Cindy, are the to their operations and corporate of acquisitions and development discusses his draw with Bobby Eight rounds of chemotherapy rienced at Cal. For this and many and began proud parents of Nicholas (3) and strategy.” for a local firm – we have seen it all Fischer in the 1955 US Junior a private have kept me alive for the other reasons, I decided to travel Wallace Lowry, MBA 69 Tyler (4 months) and are enjoying firsthand. Needless to say, life since to China. I’m in Shanghai now Chess Championship. Since CPA prac- past year and half, but now living in Southeast Asia. 2002 Cal has been eventful.” studying Mandarin Chinese. After retiring he has co-authored a text- tice. I am now a retired emeritus my only chance for survival book used in graduate business Daniel Cheng, BS, writes, building up my language ability, professor from SSU having served Michelle Maykin, BS 04, is joined is a bone marrow transplant. schools and traveled on a year- 1997 “After graduation I spent five 2005 I plan to find a job in Shanghai 32 years. I was in the U.S. Naval by Cal defensive star Zack Follett Unfortunately, I am one of over long trip around the world visiting at Cal Football’s annual Fan John McClintock, BS, of years in nonprofit and economic David Pordes, BS, writes, and gain some international work Reserve for 29 years, reached the 40 countries. . Appreciation Day, where Maykin’s 6,000 cancer patients who need Manhattan Beach, Calif., recently consulting in Los Angeles. I’ve “After graduating from Haas I experience. There are many ques- rank of Navy captain, and served in friends and family organized a bone a life-saving transplant but do moved to San Francisco and tions I have yet to answer, such Philippines, Thailand, Hong Kong, marrow recruitment drive. co-founded Source Capital finished my first year of the MBA not have a donor. In an effort to Advisors LLC (SCA), a national real program at Wharton and I’m on started in the Deloitte SF audit as what kind of job I will look for 1964 Japan, England, Italy, Sicily, Spain, find myself and others a match, estate advisory firm that provides year number two.” practice. I spent three years in the and how long I will stay in China. Georgina (Pesante) and multiple U.S. locations. My my family and friends created Project Michelle (www.projectmichelle. advisory and buyer representa- financial institutions group serving I’ve always considered myself Falu, MBA, is still directing a volunteer positions have included com), a campaign to recruit more potential donors. Although we have tion services to an elite group of Christopher Zobrist, BS, mainly venture capital and real a detailed planner, but for once technology computers summer president of the Luther Burbank added over 13,000 new individuals to the registry, none of them student housing firms. He has of Ho Chi Minh City, Vietnam, estate clients. This July I departed in my life I’m just going with the program for children of El Barrio Center for the Arts (now the Wells match me, and so our desperate search continues. more than eight years of transac- writes, “I’ve been living and from Deloitte and joined Farallon flow. I enjoy my new friends, city in New York. The program, which Fargo Center for the Arts), Sonoma working in Vietnam for the past she founded 20 years ago, encour- County Family YMCA, Santa Rosa One of our most successful and fun drives was at Cal Football’s tional experience as an attorney Capital Management, a hedge lifestyle, and learning about my two years. I’m running a small IT fund in San Francisco. I’ve kept up new environment. I’m learning so ages children to stay in school in Rotary, Sonoma County Navy annual Fan Appreciation Day, where Coach Tedford, football players, and a real estate professional, advising clients on the develop- outsourcing business, as well as with a lot of my Haas classmates much about China, the world, and areas with plenty of job opportuni- League, and Empire Breakfast and many fellow Bears fans registered. ment, financing, acquisition and pursuing some other entrepre- but am always interested in recon- myself. Everyday in Shanghai is an ties. She invites alumni interested Club; treasurer for the Sonoma To register, you just need to complete a form and a cheek swab test, disposition of real estate. Before neurial projects. If you’re ever necting with old friends. I can be adventure for me!” in helping as board members, County Museum and Redwood which only takes ten minutes. If you’re notified as a match, the dona- SCA, he was a business and real traveling to Vietnam, please let reached at [email protected]. volunteers, or fundraisers to Empire Council Boy Scouts of tion process is often similar to giving blood and not harmful at all. estate transactions attorney at me know. I’d be happy to show All the best to the class of 2005!” 2008 call her at 212.828.6699 or America; chairman and 21-year Greenberg Glusker LLP, repre- you around!” 646.705.3266. She also trans- appointee to both the Santa Rosa Please register and tell your family and friends to register. Brian Ouyang, BS, of San senting investors, developers, lates Spanish books on African Redevelopment Agency and the You can learn more about how you can save me and others at 2006 Francisco is working in financial owner/operators, and property 2003 history. Last February she traveled Santa Rosa Housing Authority; and www.projectmichelle.com.” services. managers on company formation, Chrysann Thau, BS, writes, to Armenia, Colombia, to lecture a director of several additional not- joint ventures, private offerings, “Both Colin Nakagaki (cogni- on Afro Latinos and their African for-profit agencies. I am serving my financings, and purchase and sale tive science major and business heritage. Alumni interested in this second term as an elected board transactions. He started his career administrative minor) and I gradu- MBA topic are invited to contact her at member to the Santa Rosa City 1990 at Gibson, Dunn & Crutcher LLP, ated in 2003 and have been 333 E. 118, New York, NY 10035. Schools. Vidya (Ramanjaneya) advocacy for affordable housing where he represented Casden working in San Francisco ever 1961 Kagan, BS, is still enjoying and community revitalization. In Properties in its $5 billion merger since. We started dating while 1965 1970 June she and her family spent a William D. Whisler, MBA, life in Needham, Mass., (suburb with AIMCO. we were at Cal and have recently of Danville, Calif., received his Schuyler Bailey, MBA, Joe Amundsen, MBA, week at Camp Gold up at the Lair. Steven Chu, BS 06 of Boston) with her husband, got engaged! We are still working Ph.D. in engineering from UC writes, “Susie and I just completed writes, “My daughter, Stephanie, Steve, daughter, Reena (4 1/2), 1998 at two of the Big Four firms and a three-month trip in our 24-foot and I have a lively accounting prac- 1993 Berkeley in 1965 and spent six and son, Brady (16 months). She Lay Hoon (Lim Sandy), when we are not working, we are Steven Chu, BS, writes, “I years working in industry before RV to New England and Prince tice in New York with more than left Harvard Law School recently Monica (Emerick) Storch, BS, of Brunei Darussalam writes, just finished a two-year stint as an joining California State University, Edward Island, Nova Scotia, and 50 investment banks as clients. after working in the development BS, writes, “My husband, Jeff, and “My son is 20 months old and my advertising art director in Chicago Hayward, for 28 years, retiring New Brunswick. Aside from the While the banks represent capital office for six years and is now I welcomed our beautiful daughter, daughter is 6 months old.” and New York. I’m currently in 2000 as professor emeritus refrigerator acting up and dodging from all over the world, each wants the director of annual giving at Sadie Reese Storch, to the world freelancing in photography and of business and economics. He major snow, severe thunder- to invest in the newest idea out of Noble and Greenough School on Feb. 10. I am senior counsel at 1999 working towards editorial fashion received two Fulbright grants and storms, and tornados, the trip went California. Let us know if we can in Dedham, Mass. She enjoys MacAndrews & Forbes Holdings really well and was an incredible Lee (Thysell) Amaya, BS, and advertising jobs. My work is was a professor at the University help with your latest expansion.” spending time with her family, Inc. in Manhattan.” adventure! We have now driven writes, “I’m still working at IBM online at www.steevay.com. I also of the Republic in Montevideo, volunteering, and traveling around the RV to 22 of the 49 states we and I’ve been promoted to senior recently did a 10-day spree with a Uruguay, where he initiated the New England. can drive to in the five years since 1994 business controls advisor. Last friend through Europe, where we country’s first doctoral program Suzanne Greva, BS, writes, attempted to do all there was to do we retired.” Noni Ramos, BS, of El year my husband and I had our in business. As a Senior Fulbright “I am living in Petaluma with in London, Paris, and Milan.”Boy, Sobrante, Calif., started as chief second boy, Tyler (our oldest is Scholar in Ecuador, he evaluated my two children, Ruby (11) and that was tough on my feet but we lending officer for Enterprise Jaydon). I’ve been reminiscing the country’s graduate business Matthew (8). I have recently got some great pictures.” Community Loan Fund, a nonprofit about my days at Haas and programs. He and his wife, Ruth, accepted the position of director of organization focusing on providing missing all my friends! I hope you Chrysann Thau, BS 03, and and daughter, Lia, lived in Madrid financial services and controller at fianc´e, Colin Nakagaki financing, capacity building, and all have enjoyed career and per- Dominican University of California sonal success.” in San Rafael.” 22 CalBusiness Fall 2008 Fall 2008 CalBusiness 23 MBA MBA

Max Oliva, MBA, writes, Legal Eagles have followed me and cooperatives in developing Having gotten the entrepreneurial Submit your news online at 1977 1983 Karen “After nine years of living in or around, but the greatest honor countries. I am working mostly bug from my MBA time, I opened http://haas.berkeley.edu/alumninotes Barry Gilbert, MBA, Shepard Siegel, MBA, of (Dozier) near Calgary, Alberta, Canada, is that my partners and clients writes, “After three years of angel in South and Central America. New York, writes, “Since Haas, I Wolff, my own office in 1998. I am and being involved in a ministry to still call and ask me ‘What, from investing and consulting, I’ve Maybe some of you will join me have worked in unconventional MBA, of San especially interested in building Alumni Notes people in the corporate world, I am your experience, do you think we plunged back into the 9-to-5 on my inaugural trip in Spring trade finance, metal trading, Jose, Calif., ‘green’ by designing projects relocating to San Jose, Calif. For an should do, Bill?’” world (really 9 to 9) as CEO of 2009? I left the corporate and corporate debt restructuring, writes, “This with thoughtful and efficient 1971 excellent account of where I have MDK Motorsports, America’s traditional business world behind leveraged finance, corporate year I was use of space (‘less is more’) and been and where I am going and (for good?) in 2004. This is cer- named to the in designing environments for Peter 1975 fastest growing consolidator loan sales and trading, and have will be doing, go to www.jesuits.ca Mary P. Carryer, MBA, of motor sports retailers. Never tainly less predictable and lucra- recently moved into the environ- ReMax Hall people in the latter part of their Michael, and click on News. Then click tive financially, but it seems like of Fame in life. My thesis in architecture sug- has joined Cliff Consulting, Inc. having ridden anything larger mental asset space co-founding MBA, on July 22, 2008. The article the right way for me to be using recognition of gested to link assisted living to launched (http://www.cliffconsulting. than a scooter on vacation in a business looking to establish a Karen (Dozier) Wolff, you will find there was published my time, talent, and experience.” superior ser- civic spaces like libraries. Luckily Under- net), which provides highly Paris, this is an entirely new world number of environmental restora- MBA 84 in the July 19 issue of the vice for my 17 my work keeps me connected to ground experienced project leadership for me but great fun learning a tion projects in different venues Calgary Herald.” David Larson, MBA, cur- years of residential and individual my European roots and European Railroad to corporations and nonprofits new industry. I now have my own and of different types. Stops rently works in financial reporting investment real estate. I am hon- trends in architecture. I am mar- Free Press throughout the San Francisco motorcycle, a DL650, and will be along the way included Citicorp, at Westfield Corp., and his wife, ored that more than 90 percent ried and have a 10-year-old son, in 2006, 1972 Bay Area. A 30-year veteran of buying an 80-miles-per-gallon Amroc, Goldman Sachs, Fortress, Deborah (Stanford, Ph.D. 1981), of my business comes from past who also challenges my creative serving the William Sherman, MBA, the financial services industry, scooter next month.” and now Ecology Venture is a professor of political sci- clients who refer me to people talents. Visit my website www. international writes, “My once-rare combina- Carryer will bring her executive Partners LLC. I look forward to ence at UCLA. Their son Ethan, they care for. www.wolffgroup. stadlerarch.com to find out more Underground tion of JD and MBA degrees has leadership experience in financial 1978 reconnecting with classmates Peter Michael, MBA 71 started UC Berkeley this fall biz. I continue to be passionate about me.” Railroad made all the difference in my life institutions and board experience and other alumni.” Jerry Butzer, MBA, of as a Regents and Chancellor’s about my role as a volunteer community with independent and career. My law career started in the nonprofit sector to CCI Gainesville, Fla., returned from Scholar, majoring in history after and investor in The Hunger news reporting. A 2008 survey as a lowly clerk at Davis Polk & clients in the Bay Area and the A career foreign service officer in 1988 private equity assignments in graduating with high honors from Project. This amazing organiza- showed that Free Press has Wardwell on Wall Street, con- Southwest, where she resides. the U.S. and Foreign Commercial Dan Maljanian, MBA, Shanghai, where he acquired Palisades Charter High School in tion has a proven track record in attained a 55 percent market tinued through the next 16 years Service, William Zarit, recently joined the American Chinese portfolio companies as Pacific Palisades, Calif. providing a sustainable end to share against five competing at then-Pillsbury Madison & Sutro 1976 MBA, of Washington, D.C., University of Armenia in Yerevan, managing partner of Pan Asia chronic hunger and poverty in publications. This fall the elec- in San Francisco, and is reaching recently took over as deputy Armenia, as its director of David Roberts, MBA, of Group. He writes, “I’m founding 1980 Africa, Latin America, and South tronically distributed Free Press its maturity as a more than 20- assistant secretary for interna- development. The university is Oakland, Calif., was named co- Reddog Media, where I will Michaela Rodeno, MBA, Asia by mobilizing thousands of will award for the first time the year partner with Morrison & tional operations. With posts in affiliated with the University of CEO of Evnine & Associates, a executive produce projects in writes, “This is my 20th anniver- indigenous volunteers to execute Free Press Prizes for Leadership, Foerster in Palo Alto. I have been 76 countries, FCS promotes US California, having offices in the quantitative hedge fund manage- development at various studios. sary as CEO of St. Supery Winery strategies developed specifically Preservation and Advancement of involved in over 250 public offer- exports and protects US business UC president’s office in Oakland ment company in San Francisco, A Hong Kong project is due for in Napa Valley. I am slightly for their needs and opportunities. Knowledge in the contemporary ings and have been at the public interests overseas. and in Pasadena, Calif., where founded by Jeremy Evnine, a release in 2012. My own screen- amazed at how quickly the years www.thp.org.” Underground Railroad commu- birthing of companies including Dan works with the president of UC Berkeley Ph.D. in opera- plays, while awaiting copyright have gone, but as my friends at nity. Visit www.urrFreePress.com Oracle, Intel, Netscape, Dreyer’s, 1984 the university. Dan appreciates tions research. Previously David protection and acquiring distribu- neighbor Frog’s Leap say, ‘Time’s for more information. Michael Adobe, PeopleSoft, Re-Usable George Elias, MBA, of San 1985 the opportunity to visit the Bay was the West Coast managing tion commitments, will be funded fun when you’re having flies.’ It’s is the seventh generation of his Pie Crust Company of America, Rafael, Calif., writes, “I have joined Laura Area frequently on business. director of Focus LLC Investment by a publicly traded conduit on very gratifying to build a reputa- family to own Cooling Springs Compaq, Fair Isaac, and JDS Morgan Stanley as a financial Clayton, He and his wife, Patrice, and Banking, specializing in financial Wall Street around 2010. I’m also tion for high-quality Sauvignon Farm, a national historic site now Uniphase. I have been a lecturer advisor in a high-profile program MBA, of three children recently moved to and business services clients. He writing a book on film finance Blanc and Cabernet, but it doesn’t open to the public and one of the at Haas on the legal regimen for second-careerists who have Los Gatos, Altadena, Calif., where their home practiced law after graduating for Hollywood professionals.” happen overnight. Come and see nation’s most visited Underground of public offerings and public extensive prior investment/finan- Calif., writes, was featured on the Altadena from Boalt, then started an entre- Scheduled release is 2010. for yourselves: Haas grads get a Railroad safe-houses. Haas alums companies and was recently hon- cial experience. I spent 25 years “Effective Home Tour this year, helping to preneurial career as a franchisee Previously he was involved in special welcome. If you want to are always welcome. Visit www. ored by the Haas School with an first as a commercial banker with July 1, I was raise $65,000 for the Huntington of Chuck E. Cheese’s Pizza Time private equity investments into have some fun with the presiden- CoolingSprings.org for more. inaugural Richard Holton Teaching Wells Fargo and then as a self- named vice Medical Research Institutes in Theatre, eventually taking his commercial properties, primarily tial elections, go to www.elu08. Fellowship Award. Awards like company public. He followed that in Los Angeles; mergers and employed business broker active Laura Clayton, president, Pasadena. They are enjoying com for the latest on our indepen- MBA 85 Best Lawyers in America or Top with a less successful venture acquisitions;, corporate securities in the middle market. At Morgan public sector, getting reacquainted with life dent candidate whose very name Stanley I can advise my clients on West region for IBM. In this in Southern California’s San into “healthy” fast food, an idea valuations; and portfolio acqui- means ‘elected.’” way ahead of its time. After mar- sitions for national real estate the full spectrum of investment capacity, I lead a sales organiza- Gabriel Valley.” rying Gail Simpson, a Berkeley funds. Earlier, he served on a possibilities, building upon my tion with responsibility for selling Haas Ph.D. in economics, they started White House staff, did early doc- 1981 expertise in evaluating businesses IBM hardware, software, and Sandra Epstein, an author who began a statistically based insurance toral work in urban economics Joani (Krieger) Mitchell, and working with business buyers services to clients in the state Memorabilia writing a book on the history of the services firm, which made it onto at Stanford, and won numerous MBA, of Palo Alto, Calif., is making the largest investment of and local government, education, working at two consulting firms, and healthcare industries. I was Haas School under the sponsorship of the INC 500, and followed that writing awards. their lives.” Needed Clarity (www.get-clarity.com) and previously the vice president of former Dean Tom Campbell, is looking with Caliber Collision Centers, Oliver Wyman (formerly Mercer Nancy services business development for collectors to share items of his- now the nation’s largest colli- 1979 for Management Consulting). In Riddle, for the communications sector torical interest to the school and its sion repair company and also a Lori Gibson-Banducci, former INC 500 member. With her spare time, she is working MBA, in the Americas at IBM. Prior to History predecessors, the School of Business MBA, writes, “All three kids are on starting a travel business for is serving IBM, I was vice president, busi- Administration and the College of a freshman daughter at Arizona grown (mostly). How did that State and another daughter cruises and women’s travel. Son, a second ness development, at Rational Commerce. happen? I’ve been living in Boise, Project beginning her freshman year at Dan, graduated college and is a term on the Software.” Idaho, since graduation and have political consultant, Rachel is a Berkeley Epstein is seeking publications, Berkeley High School, David is spent most of my time working newspaper articles, catalogs and a long way from retirement and senior at Scripps in Claremont, School 1986 in marketing management (Ore- Board. She announcements of the schools, photos, credits the demands of teenagers and Shoshana is a senior in high Susi Stadler, MBA, of Ida, H-P, even a stint as director of writes, “I left correspondence, and any other mate- for keeping him out on the soccer school. Husband, Larry, is child- Oakland, writes, “After being in admissions and communications Nancy Riddle, MBA 84 the private rials that will provide information and field instead of the golf course. proofing houses as Larry’s Baby banking for many years, I fol- at College of Idaho). I’m currently sector in Safety Service. lowed an old dream of mine and insight into the many programs, activi- working on my new business 2007 and joined WestEd as their got a master’s degree in architec- ties, problems, and accomplishments venture, For Each Other, whose CFO. WestEd is a nonprofit edu- ture at UC Berkeley’s College of Dan Maljanian, MBA 88, and family of the school. If you have any items or focus is to market and distribute cation research, development, Environmental Design. I gradu- information to share, please contact products from women artisans and service agency. It is terrific to ated in 1996 and have been Epstein at [email protected] have my civic work and my career a happy architect every since. aligned.”

24 CalBusiness Fall 2008 Fall 2008 CalBusiness 25 MBA

being director of the San Francisco and I began immediately upon gradua- with the Haas Center for Executive on team effectiveness. I am living writes, Submit your news online at Jacqueline Espinoza, Jorge Mercado-Pérez, Red Gillen, MBA, http://haas.berkeley.edu/alumninotes Arts Commission for 12 years, I’ve both MBA 91, visited me for a MBA, was promoted to CFO and tion from Haas. After several stints Development. We have, together in Piedmont, with Dave Charron “This past spring, I left the Bay moved north and taken a director week in late March, and Steve and vice president, finance and admin- as CFO at local nonprofits, I’ve with the faculty, developed short and Dana Harmon as close neigh- Area after a long run and moved to position for the Office of Cultural I attended a dinner welcoming istration, of Pepsi Bottling Group shifted to the role of independent courses in pricing, product man- bors, and Steve Miller and family Portland, Ore. Although I miss Top Alumni Notes Affairs in Vancouver, BC. I’d love to newly admitted MBAs from the Mexico, the largest Pepsi Bottler in consultant (www.robertpascual. agement, negotiations, and market soon to be one. My wife, Virginia, Dog and looking over the Bay, I am get back in touch with lost friends. New York area to the Haas family. Latin America. com), focusing on nonprofit research. Check out our programs and I are very much enjoying life enjoying the beer, bicycles, and I can be reached at Richard. Afterward, we enjoyed the cherry financial management. I have had and come back to Haas for a week! as parents to our 2-year-old son, (summer) weather up here. I’m Robin Rappaport, MBA, Judith Riffle, MBA, has writes, “After 20-plus years in [email protected] or rich. blossoms in Washington, D.C. I the opportunity (and privilege) www.galimagroup.com.” William.” still at my job as a senior analyst [email protected].” remain in active contact with other returned to the Bay Area to accept to work with many wonderful for Celent. Should any Haasers be the investment community, a CFO position with Chamberlin Michael Garrow, MBA, Charlene (Grant) I left the ‘real world’ and was MBA 91 classmates, including organizations that are doing such passing through town, please feel 1991 Tammy Beaulieu-Hare, Associates, a commercial real vital work in our San Francisco Bay is the new general manager for Boroumand, MBA, writes, free to look me up.” recently certified as a Registered estate development firm. Judy, her the Little River Casino Resort in “My son, Veritas, just turned 1 in John Dougery, MBA, of Joe Brand, Curt Long, and Area communities in the areas of Therapeutic Riding Instructor by husband, Brad Wiblin (MCP ‘94), Manistee, Mich., which is owned June. He’s a very happy, smart little Chris McClain, MBA, San Francisco co-founded and Monica Dean. human services, community orga- the North American Riding for and their daughter, Roxanne, live by the Little River Band of Ottawa boy and sleeps really well! We are of Saint Paul, Minn., writes, manages Inventus Capital Partners nizing, advocacy, and philanthropy. the Handicapped Association. I’m Nicholas Kiritz, MBA, in north Berkeley. The family is Indians. Michael lives in Michigan incredibly lucky. We’re still nearby “Carolyn and I have had another with offices in Menlo Park, Calif., Although I see many people in working with a nonprofit that pro- of Washington, D.C., writes, enjoying reunions with Cal friends with his wife and six children. in beautiful Marin County, Calif., child, Katherine Rose McClain. and Bangalore, India. Inventus need of help, I also am encouraged vides therapeutic horseback riding “Currently working to save the and basking in the urban ambi- and hoping that our good fortune In addition, I just closed a $25 provides venture capital to early- by the commitment and talent of to disabled children and adults in US housing market by managing ance and lifestyle unique to this Toshiyuki Ogura, MBA, will extend to our latest venture, million series A financing for a growth companies in India and all the people with whom I’ve been Los Angeles. Great change for our and enhancing Fannie Mae’s eco- corner of the globe. moved to Austin, Texas, from ChumWorld.com (‘chum’ means biopharmaceutical company (Nora the US that are participating in the fortunate enough to work.” family. Regards to all.” nomic capital modeling unit. Wish Kamakura, Japan, a historic companion or friend). We recently Therapeutics, Inc.) that I co-founded emerging Indian economy or new me luck.” Leslie (Wilson) Widmann, Jorge Spichiger, MBA, of “samurai” capital and beach resort went live with FitnessChum.com with a Johns Hopkins School of global markets. 1989 MBA, writes, “ Dan Santiago, Chile, writes, “I am the town. Toshiyuki writes, “I am going and ParentChum.com. Anyone Medicine faculty member.” Bruce Kirton, MBA, writes, Widmann, MBA 91, and I to make a big lifestyle change to Peter Evans, MBA, Adam Hardej, MBA, of CEO for the local Funds Manager reading this would probably enjoy “I’m taking a break while between just celebrated the one-year anni- pursue an academic career. I will Adam recently joined Wedbush Morgan Carmel, Calif, writes, “Spending Penta AGF. What a terrific chal- at least one of the two, if not both! jobs and enjoyed the summer versary of the opening of our ice join a Ph.D. program in sports McDonough, Securities, a privately held, Los much of my time focused on col- lenge in today’s volatile and We’re trying to enrich people’s with my kids. I’ve traveled to cream shop, MilkShake Werks, in management at the University of MBA, of San Angeles-based investment lateral valuation and risk manage- sophisticated capital markets. I lives by alleviating the isolation Argentina and Aruba, and we’ve Redwood Shores. We make our Texas.” Francisco is banking firm. He writes, “I’m still ment work on commercial and am having the time of my life! I am that is so common in today’s busy, living in Moraga and continuing on recently relocated to Washington, ice cream from scratch right on married to Patricia, and we have task-centric society. ChumWorld’s president and residential portfolios for bank and Marilee Shaffer, the public finance side structuring D.C., from Atlanta. I’m taking on a site at the shop from fresh cream, the most amazing three daugh- mission is to connect people CEO of Lockton other institutional clients these MBA,writes, “In a major depar- tax-exempt bond issues for a couple of consulting assignments eggs, and pure cane sugar and ters.” together – in real life – to foster Insurance Brokers days with the subprime debacle ture from the high-tech, biotech, wide range of clients located from and trying to narrow down what I have developed quite a local fol- and promote meaningful and of San Francisco and general woes in the financial and marine navigation worlds, my Seattle to San Diego. Daughter, want to do next.” lowing. We’re coming up on the shared interests and activities. Our and San Jose markets making me a busy man. 1994 husband, Steve, and I are opening Katie, is off to Cal Poly San Luis first birthday of our little daughter tagline: ‘It’s not social networking, since August My firm, BAAR Realty Advisors, Art Altman, a winery in Oakland, Calif. Urban Adam Obispo to study architecture and Derrick Mar, MBA, of Erin, an absolute cutie pie!” it’s life management.’ Feel free to 2006. He was has local offices on both the East MBA, man- Legend Wine will be located at McDonough, play on the women’s basketball Seattle, Wash., writes, “I was the contact me. I’m also on LinkedIn as elected to the and West coasts with a national ages research 641 4th St., and tasting should MBA 95 team. Many of my closest friend- vice president of engineering at 1993 Charlene Grant.” San Francisco focus on value issues pertaining in energy begin in the late spring of 2009. ships at Haas were developed FrontBridge Technologies, which Chamber of Commerce board of to real estate. Real estate tip of the James Lasher, MBA, writes, derivatives, We’ll be starting with Italian vari- while playing hoops in Harmon or we sold to Microsoft in 2005. Laura Flores, MBA, writes, directors in February 2007 and day: Good time to buy a vacation “I have recently stepped away energy markets, eties – Sangiovese, Barbera, and the rec center. Hope everyone is I recently left Microsoft to join “My husband, Scott, and I wel- married in April 2007. He writes, condo in South Florida – plenty of from investment banking after 10 and energy Nebbiolo, both reds and ros´e. as thrilled as me that we got Rich another private company called comed Max Alberto Mahler into “Life is good.” inventory and prices are off 2006 years (half with Morgan Stanley risk manage- You’ll be able to find out more Lyons back to Berkeley!” Varolii (www.varolii.com) as the the family on March 10. Our little peaks by 40-plus percent. Feel free CTO. In addition to the traditional and half with Bank of America). ment for the about the effort at www.urbanleg- Julie I provided corporate finance ‘gringuito’ was born in Panama, to get in touch with me if you need responsibilities as the CTO, I also Electric Power endwine.com in early 2009.” where we are currently living. Perigo, 1990 any valuation-related services or and M&A advice to real estate Art Altman, Research have the combined leadership for MBA 94 I have been working as assis- MBA, of and lodging companies, and I’m Alan Xusheng (Xusheng Ray just want to catch up. adam@ all technology, engineering, opera- Institute, in Palo tant representative for the UN Henley-on- looking to move to the investing Yao), MBA, of Shanghai, Meadows, BAARrealtyadvisors.com.” tions, and customer management Alto, Calif. This work now includes Population Fund since 2006, and Thames, UK, MBA, of functions at Varolii.” side of the real estate business carbon risk, intermittent resources China, writes, “If any one of my writes, “After Frank Hundley, MBA, now am thoroughly enjoying being San Francisco shortly. First, however, I took a such as wind, and consumer classmates or alumni has interests my Exchange of Bridgewater, N.J., writes, “I a mother. We can be reached at writes, “We David Parker, MBA, of nice long summer vacation in “demand response.” If you share to invest in China, please contact Scholarship recently celebrated three years [email protected].” just passed Moraga, Calif., writes, “Continuing China with my wife, Mary, and four this interest, feel free to contact me. Since 2005, I established and to Haas (from as a financial advisor with Merrill our three-year to establish and build Parkmon children, ages 8 to 3. Mary and him at [email protected]. have owned a real estate company Arno Hesse, MBA, writes, Sydney, Lynch, having made the jump anniversary Vineyard’s reputation as a premier I lived in Hong Kong for a couple developing residential, retail, and “After several years working Australia) I from Morgan Stanley. My client Susan Bernstein, MBA, Julie Perigo, MBA 95 of managing producer of locally grown, world- of years (our son was born there) hotels, including a Holiday Inn in with clients on strategic culture spent about base continues to thrive in spite of San Rafael, Calif., added client money class wines. Check us out at www. and it’s been nice to share some of Shanghai and Suzhou, China.” change, I have joined Union Bank a decade as partner in Global Ray Meadows, of the market downturn and our passion for the region with our another three letters to the end MBA 90 at Berkeley parkmon.com.” Before that, he was CFO and CEO of California as executive vice Executive Search. I became harsh economic conditions. I of her name – Ph.D. Her doctoral Investment kids. I plan on finalizing my next of Asia Pulp and Paper Co. in president for retail market seg- interested in what happens to began my term as president of my Bruce Tolley, MBA, of research looks at the advice the Advisors, and our overall return professional move after returning China, or APP China, for six years. ment management. Implementing our lives and careers post-50: undergraduate alumni associa- Los Altos, Calif., is vice presi- career changers often receive, exceeded our benchmark by 24 home to Marin County.” From 1994 to 1999 he was its new retail strategy, I oversee the new extended career. I set up tion (Rutgers Alumni Association) dent of marketing for Solarflare to “trust your heart” and “listen percent. We are looking for new general manager of a real estate product management and mar- Re-Inventors in Australia around July 1. I remain active with the Communications, a fabless semi- Robert Pascual, MBA, to your gut.” She wanted to clients and possibly new partners company that developed class A keting for consumers and small- that theme (HR policy consulting Haas Alumni Network - New York conductor startup company head- writes, “The big news is that this know if and how people contem- to help the firm grow. I would love office buildings and five-star hotels, business customers. As Union and executive development), and Chapter. Last fall I participated in quartered in Orange County, Calif. past March I married Libby Evans, plating career transition use their to hear from fellow alumni.” including a Westin in Shanghai. Bank has managed to stay well the CGAcademy, which also runs a panel for prospective Haas MBA who has made me a happy man embodied awareness in addition above the subprime mortgage public programs, on my return to Richard Newirth, MBA, applicants. In December my wife, indeed! Her warmth, caring, intel- to their intellect. Visit her website, 1992 1995 crisis, we are actually ramping my homeland, UK, last year. My writes, “After 20-plus years on the Cindi, and I attended the Haas ligence, wit, and beauty bring www.WorkFromWithin.com. Victor Casalino, MBA, Jonathan Becker, MBA, up and hiring. My work is pretty first book on the subject, Winners East Coast (for my formative years) Winter Celebration Gala. In May me joy every day. We’re busy set- writes, “After 3 ½ years in Sydney writes, “Life is very good. After California-centric, allowing me in the Second Half , comes out in and then another 20-plus years in we attended a lecture on ‘What tling into our new life and home Kim Fisher, MBA, of San we are back home in Seattle get- years working for someone else, to enjoy living in San Francisco the US, Europe, and Asia shortly. If San Francisco (including my time Will It Take to Be Elected in 2008?’ together in San Francisco with our Francisco writes, “I’ve had the ting used to life in Washington I started my own consulting even more.” you are interested in assisting on at Haas), I’ve made the biggest life at the home of Andy Rowan, two crazy dogs. I’ve continued my pleasure of seeing many alumni again.” business, helping companies my further research on later-career and career change to date. After 76, and Mary Anne Rothberg. work in the nonprofit sector, which and Haas faculty through my new execute strategies with a focus issues (and thereby the sequel) Classmates, Steve Ramirez company, which has partnered please contact me via www.win- nersinthesecondhalf.com.”

26 CalBusiness Fall 2008 Fall 2008 CalBusiness 27 MBA

a decade in Virginia, where Judy performance, general use and spe- I think I qualified as the alum to years, so if your travels bring you to Submit your news online at csi-studies/studies/vol52no2/ William Bockwoldt, MBA, Mitch Posada, MBA, of San http://haas.berkeley.edu/alumninotes iac/seven-days-in-the-arctic.html.” served as a state budget analyst cialty. But wait, there is more – an of Petaluma, Calif., writes, “My wife, Francisco writes, “I would define have traveled the greatest dis- the area, please contact me at eric- and most recently as deputy innovative twin-neck design that Teresa, and I started a consulting myself as an entrepreneur and tance to attend this event. I flew [email protected].” Alex Sutton, MBA, is back in secretary of education. Judy is will take the market by storm! We practice specializing in Sarbanes- consultant with my firm, Grupo all the way from Bangalore. My Alumni Notes Seattle after working in Shanghai now working in Sacramento at are also donating up to 1 percent Oxley, FAS123R, SAS70, and a Entrada, a mix of management family loved it. Along the way, we for the past 2 ½ years helping grow the Legislative Analyst’s Office, for the planet and various children’s variety of other compliance, tax, consulting firm meets interactive also went on an extended tour of a new engineering center for California’s nonpartisan fiscal and charities. The mission is to become and accounting requirements. shop meets talent agency focused the US, starting from SFO, to San 1996 Microsoft. He’s now the group policy advisor. the dominant brand in the reusable We can also help you streamline on the Hispanic market. We offer Jose, to Houston, to New Jersey Ron Gies, MBA, was named program manager for Windows consumer bottle market through your current financial reporting a very unique combination of and New York, Miami, and then executive vice president of com- HPC Server, where he gets to Amy Lee, MBA, of San Mateo, innovation and by creating a sense processes. Check us out at Hispanic market expertise, Web back to the Bay Area (Cupertino mercial banking for National play with neat toys like supercom- writes, “I have been the CFO of of community, environmental, and www.soxprofessionals.com!” 2.0 know-how, product develop- to be precise). Overall 15 days of City Bank. His responsibilities puters and new areas like compu- Hales & Company (http://www. philanthropic responsibility, and ment, strategic thinking, creative bliss. It felt good to be back in the will include sales strategy, devel- tational finance. halesgroup.com) for a year now. I excitement across multiple markets ideation, content, distribution, US after spending the last two opment, automation, training, have also been studying feng shui and age groups.” and relationships that can create years in Bangalore. After leaving communications, and incentives/ 1997 and Chinese metaphysics and unique value. I’m combining my the US in early 2006, I joined reporting. He relocated his family Yasunori Nakagami, have a side business providing Alan Knitowski, MBA, efforts of LatinLounge.tv, a con- SAP Labs India in Bangalore as to Cleveland, Ohio, five years ago MBA, of Tokyo, Japan, writes, “I consultations. Check out my writes, “I have recently relocated tent/ad network, and QueVerde. vice president of development. to be closer to his wife’s extended have been running Constructive Web site: http://www.amy- my family and business activities com, a media property connecting Usually, I travel every two months family and spent the first three fengshui.com.” to Austin, Texas, from Newport Activist Fund in Tokyo. We invest in Latinos to sustainability, with my to Germany, but very rarely to the Eric Bretthauer, MBA 03, and family years with McKinsey & Company. Beach, Calif.” US. So this was my second US trip small- to medium-cap undervalued A new book by Alan consulting practice. Some firsts Two years ago, Ron joined (and first one with family) in the companies in the public market, Schwartz, MS, Medical Adam Leader, MBA, of I’ve been able to accomplish National City in the Retail Bank to last two years.” Adam Goldworm, MBA, try to improve management, and Decision Making: A Physician’s Scarsdale, N.Y., writes, “Robin include first Hispanic market- start its Sales Strategy group. focused venture forum, first of Los Angeles works at Industry to set a stock price catalyst. It’s Guide, has just been published by and Zack spent the summer at Cagla Erdogan Ruacan, MBA 00, Hispanic content/ad network, and Einar Sigvaldason, MBA, Entertainment as a literary and Alan Seigrist, MBA, of been three years since the launch, Cambridge University Press. Alan Camp Walden in Denmark, Maine. with daughter, Duru first dedicated media property of Reykjavik, Iceland, writes, talent manager and serves as Hong Kong writes, “In April my and I am very much excited about is associate professor and director Robin pretended she was 25 and linking Latinos to sustainability. I’m “Warmest regards to everyone executive vice president of its family traveled to Washington, our challenge. Family wise, we try of research of the Department single, while Zack learned to walk Cagla Erdogan Ruacan, working on unique multi-platform in my 01 and 02 classes! Since independent TV label. Goldworm D.C., where my father was posthu- to educate 10-year-old daughter of Medical Education at the over roots, kick soccer balls, sing MBA, of Istanbul, Turkey, writes, (mobile, online, off-line) marketing graduation, I’ve been the CEO and produced NBC’s hit summer mously awarded with his second Kyoko on how to learn, how to University of Illinois at Chicago silly songs, and give high fives. “After working briefly for AT&T concepts and pitching to national part-owner of Peocon, a high-tech series “Fear Itself,” which offered Agency Seal Medallion for coun- study. Wish she would be able to College of Medicine, where he I was working at Google NYC in Wireless Services, I joined Sun brands. I’m looking forward to a image analysis company. In early hour-long tales of suspense from terintelligence work he had done study at a world-class university conducts research on decision- Chelsea building new features for Microsystems in 2001, got married great year and more stories to tell 2007 I left Peocon to found www. feature film directors Mary Harron, in 1962 on a mission in Arctic like Berkeley.” making and teaches decision- AdWords.” to my longtime boyfriend, Baris my fellow alumni. Hopefully I’ll tellmetwin.com, a place where Darren Bousman, John Landis, Russia called Project Coldfeet. making, quantitative methods, you take personality tests and Brad Anderson, and Ronny Yu. Jacqueline (Quebec) Stewart McGuire, MBA, Ruacan, in the summer of 2003, hear from you directly as well.” Sadly for all of us, my father, Capt. and leadership and organizational rate what you love or hate. Then Goldworm also co-produced ABC’s Sofer, MBA, and her husband, writes, “I have co-founded traveled around the world, and Connie Seigrist, passed away behavior for health professions through deep data mining you find Emmy Award-nominated “Masters Mike, are happy to announce the Concentric Wealth Management became a US citizen! Since then Laurie (Feldstein) only a month beforehand. He was educators. your Good or Evil Twins (people of Science Fiction” mini-series. birth of their son, Lucas Chase with Berkeley alum Eric Flett (BA we moved back to Istanbul and Teichman, MBA, of Ramsey, in poor health. A painting of the who think or don’t think like you) This science fiction anthology Quebec Sofer, in November 2007. Ravi Shankar, MBA, runs 1988). We’re based in Lafayette, had a baby girl, Duru, who turned N.J., writes, “I have now lived in mission was unveiled and hung and use their profiles to get rec- adapts famous works by Harlan He joins big sister, Madeline (5), product marketing for Siperian and our goal is to become the East 1 in August. After enjoying mother- New Jersey 2 1/2 years with on permanent display in the main ommendations or stay in touch. Ellison and other science fiction and big brother, Nicholas (3). They Inc., a master data management Bay’s premier wealth manage- hood for six months I started my my husband, Jason, son, Brady hallway of the CIA headquarters All data is user generated and we giants; stars such actors as Anne live in Westford, Mass., where startup, as the senior director of ment firm. Our terrific group of own Internet company -- a restau- (4), and daughter, Addison (2). building in Langley, Va. You can are not restricted to only movies. Heche, Malcolm McDowell, Sam Jackie is working at Deloitte product marketing. He is also the experienced and caring advisors rant reservations system for Turkey Just finished my second year at see a picture of my wife, Barbora, We want to be your ultimate dis- Waterston, and Judy Davis; and Consulting as the chief of staff for newly elected treasurer for the San work with our clients to develop that now has 60 of the most pop- Unilever, where I was promoted and me at the famous entrance to covery tool in any category you is hosted by Professor Stephen the consumer and industrial prod- Francisco chapter of Haas Alumni personalized financial strategies ular restaurants as our customers. to senior brand manager on the the CIA. It was a sobering experi- can think of – paintings, cities, Hawking. Goldworm is executive ucts practice. Network. centered on their goals. Our ser- Check it out if you’ll be visiting Hellmann’s/Best Foods brand.” ence for me when I looked at the vacation spots, books, music, producing a remake of the David vices include ongoing investment Turkey, www.rezztoran.com.” book of names under the wall clothing design, restaurants, even Cronenberg film “The Brood” 1998 management and comprehensive 2001 of stars and recognized almost 1999 Fernando Martinez, MBA, solutions to medical symptoms. for Spyglass Entertainment. He JT Klepp, MBA, writes, “I am financial planning. At a time when Mark Brown, MBA, writes, all the names in the first row as Gleb Budman, MBA, of San of Miami Beach, Fla., became the We just went live this fall. In a way, produced two seasons of the happy to announce joining the an unprecedented number of “I’ve just been relocated from New my father’s friends when we Francisco writes, “Working on my 2008 US Windsurfing National TellMeTwin was conceived in Emmy Award-winning “Masters of fatherhood club (http://tinyurl. Americans need help planning for York to Forrester Research’s were growing up. Many of the third startup since graduating from Champion after winning nine of Berkeley when I asked Netflix to Horror” anthology for Showtime, com/5df4r2) with the birth of the next phase of their career, a European headquarters in names are still classified. For more business school (last two were the 17 races held in Worthington, find my ‘Cinematwins,’ those who which offered hour-long horror Calista Marie on June 12. Still has comfortable retirement, or leaving Amsterdam as the marketing information and a picture of the both acquired.) This time I am Minn., in June. Fernando also hate and love the same movies films directed by genre luminaries, not quite sunk in yet what a monu- a family legacy, we are excited director for Forrester’s Global painting, visit https://www.cia. building online backup company secured the top place at this year’s as me. They never replied and I including John Carpenter and mental event this is – but overly to have the skills and capacity Markets Group. If you’re in town, gov/library/center-for-the-study- Backblaze (www.backblaze.com) US National Racing Tour. proceeded to found Netfilm back Tobe Hooper. Goldworm’s client excited to see such a tiny little to help serve the community for please drop me a line. My address: of-intelligence/csi-publications/ with a mission to ensure no one in Iceland. Out of that pet project, Jessica Lowndes can be seen on person forming our family. Work- generations to come. For more Vondelstraat 132-I, 1054 GS, ever loses data again. We’ve seen gradually, TellMeTwin was born.” the CW’s new series 90210 and wise, I just joined a mobile social information on our firm, please see Amsterdam. mbrown@forrester. great success with US News, Cnet, in theaters this Haloween in “The networking company (storyz. our Web site at www.concentric- com.” TechCrunch and others touting 2003 Haunting of Milly Hartley.” com), which is about to launch. it as the world’s easiest service. wealth.com. My wife, Katie, and Oluwatosin (Oduola) Eric Bretthauer, MBA, The company is based in Sydney, Hang gliding, rock climbing, and our children, Grace (8) and Tom Jeffrey Kasowitz, MBA/ Iyasele, MBA, writes, “My writes, “In January of this year, my which is great, as it means a lot less snowboarding still take up the (6), have been incredibly sup- MPH, writes, “After an incred- family moved this summer (driving family and I relocated from the travel. I am still very much involved majority of my free time, and portive as I pursue my dream of ible spring of travel, including a through seven states!) from the San Francisco Bay Area to London in my old company, MoConDi, and sometimes, though not nearly as building a business.” drive across the southern route of windy (and cold) city of Chicago to so that I could begin a strategy will probably be an active board often as I’d like, getting together the US, a Jewish heritage trip to the Portland, Ore., area. We’re look- and planning position with a new member, and hope to list the com- with the ol’ Haas classmates.” 2000 Eastern Europe, and a permacul- ing forward to enjoying the outdoors, Chevron operating company that pany on the bulletin board in the Chris Barton, MBA, of ture retreat, I’ve arrived in Boston and I am hoping to link up with any covers Europe, Eurasia, and the coming months. Having a baby and Bryon Crowder, MBA, San Francisco writes, “Shazam with my fiancée, Adina Allen. I’m ex-classmates living in the area.” Middle East. With the moving tran- seemingly having two jobs is coinci- of Falmouth, Maine, writes, “I launched its iPhone application for loving my new job with City Year, sition behind us, we started to take dental, but I am starting to see why am about to launch Life Is Fluid mobile music recognition in July. where my focus is on leadership 2002 advantage of the many things that some people need to do this.” Brands. We will produce a reus- This has been the most exciting development training and estab- London offers and recently went able, safe (no BPA), recyclable time for the company, which we Abhijit Mitra, MBA, writes, lishing partnerships with colleges, Judy Heiman, MBA, on holiday to Spain. We expect to bottle in three sizes to be marketed founded while completing the “Earlier this year, I attended the universities, and companies to and her partner, Martha Moon, live in London for the next three Alan Seigrist, MBA 96, and wife, as various trademarked sub-brands five-year alumni meet at Berkeley. help City Year corps members returned to California after nearly Haas MBA program back in 2000. Barbora in four major markets – kids, Try it out!” Fernando Martinez, MBA 00

28 CalBusiness Fall 2008 Fall 2008 CalBusiness 29 Ph.D.

capping an incredible six-year Harry Yang, MBA, of San John Chen, MBA, is enjoying 1972 Richard Gawthorne, BS 49 Submit your news online at In Memoriam Ernest Helme, BS 49 http://haas.berkeley.edu/alumninotes learning experience. Not too bad Francisco writes, “Chao and I are life as a McKinsey consultant in Charles Snow, Ph.D., works Angelo Theodos, BS 49 for our first company, but plenty of thrilled to introduce our first son, Singapore. in the business school at Penn Robert Johnson, BS 33 tough lessons learned along the Harry Yizhi Yang, born Jan. 18. He Robert Ballachey, BS 34 William Armstrong, BS 50 Amy Omand, MBA, writes, State where he has been on the Alumni Notes way. Looking forward to starting sleeps really well at night and likes William Bush, BS 34 Frank Kono, BS 50 “I found my dream job at a socially management faculty since 1974. the next one!” all kinds of jar foods. It has been a Dorothy Simpson, BS 36 John Faliano, BS 51 responsible startup, Revolution Lately he has been traveling a Ralph Henderlong, MBA 51 tremendous life experience for us lot to Denmark and Australia, Francis Foote, BS 37 Michelle Thomas, MBA, Foods. I’m now putting my finance John Bannatyne, BS 52 find placement after completing since Chao’s pregnancy. Chao and where he is a Professorial Fellow James McFadden, BS 37 of Washington, D.C., gradu- and accounting skills to work at Thad Sheridan, BS 52 their year of service. Adina has I are very excited to enter this new at the University of Aarhus and Dudley Zoller, BS 38 ated cum laude from Howard a company that provides fresh, John Rygh, BS 53 begun rabbinical school at Hebrew chapter of our lives.” University of Melbourne. His wife, Paul Gaillard, BS 40 University School of Law in May. healthy lunches to low-income Robert Dunn, BS 54 College and we’re keeping busy Maryann Herrin, BS 40 school kids in California. I moved Barbara, often goes on these Robert Berry, MBA 55 planning our wedding, experi- Millard Tonkin, BS 40 Tony Pines, MBA, married to a new home in Oakland with my trips, and their daughter, Vanessa, Spiro Mellis, BS 55 menting with fermentation, and works in San Francisco for Cloyd Dawson, BS 41 Audrey Anderson on Aug. 16 at 2-year-old daughter, Audrey, and Pauline La Jeunesse, BS 41 David Schoettler, BS 55 missing the Bay Area.” Richard Velazquez, MBA 03, with PricewaterhouseCoopers. Dion Cairns, BS 58 fianc´ee, Christine Chen Stein Eriksen Lodge in Park City, husband, Cory.” Donald Corbin, BS 42, PhD 54, Utah. They live in Beverly Hills. Willis Wedel, MBA 58 writes, George Hansen, BS 42 Sam Ladah, MBA, Neel Shetti, MBA, writes, 1992 Duane Jacobsen, BS 59 “Wendelee and I have moved to H. Hodes, BS 42 Seattle’s National Society of “Found a real estate job in Chicago Alfred Genasci, BS 63 London where I’m leading the 2005 Diane Satin, Ph.D., writes, Louis Lindsey, BS 42 Hispanic MBAs, is engaged to with First Industrial Realty Trust Peter Scott, BS 63 human resources function for Over the last year Dr. Anurag “I still teach accounting as a full John McFarland, BS 42 Christine Chen, BS 90 mass com- Inc. Celebrated my one-year anni- Burton Broome, MBA 64 IBM’s business consulting unit Mairal, MBA 05, launched professor at CSU East Bay, but last Maureen Southwell, BS 42 munications and English, a mar- versary with the love of my life by Charles Merrifield, MBA 69 in Northeast Europe, the Middle South Asian MBA Association summer I taught at Berkeley as a Robert Wisecarver, BS 43 keting communications consultant going to Grand Bahama island Michael Mohn, MBA 71 East and Africa. Our daughter, (www.SAMBAA.org), with a J&J visitor. Seems like old times.” Arthur Lambert, BS 44 and host of ‘About the Money with – and had a shark encounter while Ernest Scherer, BS 71, MBA 75, Helena (3), and son, Micah (1), are colleague , organized its first MBA Henry Yang, MBA 05, with family William Leonard, BS 44 Christine Chen’ on PBS. They met scuba diving!” Robert Melton, MBA 72 enjoying their new home. We’ve Mixer in June this year, and has 2004 William Callahan, BS 47 on the salsa floor at Century Andrew David, BS 47 Tyzoon Tyebjee, MBA 72, PhD 76 kept our house in New York, and helped the organization grow Johanna Ilfeld, Ph.D., Ballroom one Saturday night, and a James Duart, BS 47 Michael Augello, BS 77 we expect to be in London for to 250 members. The fledgling 2006 2008 writes, “I am living in Berkeley and few spins later, they knew this Charles Harrison, BS 47 Thomas Huey, MBA 78 only two to three years (so you organization’s partners include Trent Gruenwald, MBA, Stephen Falace, MBA, have three kids. My youngest is encounter was more than just a James Lawson, BS 47 Pat Hsu, BS 82 Johnson and Johnson and Haas of San Francisco joined Six Apart, moved to New York following 5 months old. I started my own should come visit soon).” dance. The Velazquez-Chen reorg Robert Wilson, BS 47 John Bessey, MBA 83 School of Business. Mairal also a blogging software and services graduation and is working in stroller and baby gear business will involve continued dancing, a was a keynote speaker at the company in San Francisco, as investment banking (mergers and online after leaving Haas (www. relocation near Microsoft, a Orientation Dinner for the Class a senior marketing manager. acquisitions) for Banc of America letsgostrolling.com). I’m having golden retriever acquisition, of EWMBA 2011. After leaving He had been a brand manager Securities. a blast running and growing my and a myriad of witty business J&J in January, he launched his in the Global Brand Marketing own business! I’m happy to give a talks about product design and latest venture, Orbees Medical, Department at Yahoo! since Jenny Peng, MBA, writes, special discount to Haas alumni, Obituaries media outreach.” with his Haas classmate Ramesh graduating from the Haas MBA “I am with PRTM Shanghai office so check us out if you are in the Surapaneni. He is also playing program. exploring booming business market for baby gear. I’d also love 2004 a significant role in catalyzing opportunity in the greater China to connect with other entrepre- Rafael Alenda, MBA, the medical device industry in Lili Kan, MBA, of San Jose region. Enjoy consulting life and neur moms. It’s a crazy life but I’m Stephanie Tibbetts, writes, “We welcomed our third India as the associate director of writes, “After graduating I switched eager to add value to MNC’s China having a ton of fun and learning boy, Alastair, into our family in July Stanford-India Biodesign program into marketing from my previous strategy as well as Chinese firms Lester Center COO, Vincent Lu, MBA 03, and family more everyday!” 2008. Brothers Oscar and Declan at Stanford University, where he engineering management posi- globalization process.” Passes Away tion. Alas, corporate world is still are excited to have a new pal join spends part of his time. Mairal tephanie Tibbetts, the chief writes, them.” corporate world, and I wanted Vincent Lu, MBA, continues to lead TestPundit, operating officer at the Lester “My family and I moved to his educational venture serving to do something more fun and BCEMBA Executive Development Vietnam in late 2005 so I could Doug Donovan, MBA, MBAs and MBA aspirants. exciting! So I quit my full-time Center for Entrepreneurship pioneer in the real estate devel- of Portsmouth, N.H., is “fooling corporate job early 2008, and 2003 2000 Sand Innovation, passed away around with an online product Jamie Pirrello, MBA, of started on a business venture that I opment along with Vietnam’s Chris Phenner, BCEMBA, Maarten Vrakking, Sept. 21 after a courageous battle economy take-off. We live in a to satisfy both the hippie and the Fort Myers, Fla., was elected to personally experience everyday as Executive Development, against cancer. She was 67. businessman in him.” The busi- the Board of Trustees of Juniata a parent. My partner and I recently competed in his first triathlon cozy villa within a golf course in New York July 20, and raised of The Netherlands, writes, “Our compound, and my wife, Peichen, ness, www.jumpstart2green. College, Huntingdon, Penn., in launched a Web site, KidMatter. company, www.heddock.com, is Tibbetts joined the staff of the Lester Center shortly after its com, sells a green kit to facilitate April. Juniata is one of a baker’s com. It’s a place where parents $5,000 for cancer research with founding in 1991. She was instrumental in the Lester Center’s and two kids, Brian (7) and Team-in-Training. growing, and we are looking to Jeremy (5), are gradually getting simple, green lifestyle changes. dozen of the nation’s best-per- can share their knowledge and buy compact industry companies many innovations and new programs, including the Berkeley accustomed to the laid back envi- Doug says his footprint is still forming liberal arts colleges. experience and connect with each in Europe. Can any alumni make a Entrepreneurs Forum and the UC Berkeley Business Plan ronment here, though still miss too big, while his bank account is other. Although the launch is only connection, please do via maarten. of Competition, said Jerry Engel, the center’s executive director. Taiwan from time to time. I am too small. Monica Wiese, MBA, a very small first step, and there’s Ph.D. [email protected].” Albany, Calif., writes, “This year involved in two real estate proj- a long way to go, it has definitely “Stephanie has helped generations of students toward their Sean Housley, MBA, and my best friend and love of my life ects; one is a 27-hole golf course been a very fun experience so far.” 1971 dreams and inspired all of us who knew her with her energy, Laura welcomed their fifth child proposed. Pablo Seminario, MBA 2007 project. Anyone who misses our into the world in the spring. They 04, and I are to be wed religiously Serge Matulich, Ph.D., David McConnell, wisdom, and great warmth,” Engel said. “She just never let good time at Tilden and wants Seth Rosen, BCEMBA, of are all doing well in Gilbert, Ariz., this year in San Francisco and and wife, Margarete, celebrated Executive Development, the challenge of dealing with the illness divert her from her to play a round of golf in sunny Oakland, Calif., started a new job but miss their friends in the beau- civilly next year in Lima, Peru. We their 50th wedding anniversary of Pittsburg, Calif., and wife, focus on being part of the Haas family.” Vietnam, you are welcome to visit in January as general counsel and tiful Bay Area. are delighted that we will share vice president, corporate develop- by sailing from San Diego to Fort Harminder Kaur, have a great new me here.” Tibbetts involved her whole family in the Cal experience, this special moment with so many ment, at Mirion Technologies Inc., Lauderdale, Fla., through the daughter, Shiloh Johal, born in Stephen Leeflang, MBA, Panama Canal. Walnut Creek on Feb. 20. Engel added, noting how even her daughter followed in Dhaval Shah, MBA, of Los fellow alumni; our celebration in based in San Ramon, Calif. Mirion is of Sunnyvale, Calif., writes, “My her footsteps by taking a similar position at the College of Altos, Calif., joined MooWee Inc. Peru will definitely be a pseudo one of the world’s leading manufac- wife, Alie, and I purchased our first (www.moowee.tv) as co-founder 2003 - 2006 Haas reunion.” turers of radiation safety equipment Engineering. Tibbetts also loved to travel and recently went home last summer and immedi- & CTO. for the nuclear power industry. to Alaska with her husband, Jeff. ately proceeded to demolish it. Martin White, MBA, writes, Richard Velazquez, MBA, I’m building the house – mostly “Karen and I got married on Oct. 2007 In addition to her husband, Tibbetts is survived by her myself – and hope to finish safely 5, 2007, and we have recently daughter, Rachel, and son, Robert. writes, “Two Bears in business in Stanley Chan, MBA, of Palo the Pacific Northwest are planning before our second child arrives moved to Zurich, Switzerland, (due in January). Professionally, where I am helping to establish Alto, Calif., is on his second startup a multi-cultural marriage merger.” stint since the program. He writes, Richard, a product planner for Acumen completed a deal with a new office for ZS Associates. Medtronic in December of 2007 Karen is working as translator “As they say, the most valuable Xbox at Microsoft and president of lessons come from past failures. (German into English) at CLS Serge Matulich, Ph.D. 71, and wife, Hope everyone is doing well!” Margarete 30 CalBusiness Fall 2008 Communications in Zurich.” Fall 2008 CalBusiness 31 Q & A Absolut Success Visit Haas Alumnus Bengt Baron talks about leading the well-known Swedish spirits company Online

engt Baron, BS 85, MBA 88, Absolut is well-known for its innovative Luckily, people told me early on two truths in has had a busy year. As CEO of advertising and flavors. How do you swimming in Sweden: One is you retire young, Speakers on Your Laptop drive innovation? and two is you retire poor. There’s no money in Vin & Spirit, parent company to Keep up with the latest events at Haas by visiting the Haas YouTube channel. I’m not the believer in the “innovation depart- this sport. So getting an education to transition BAbsolut Vodka, Baron led the Swedish into the real world was a way forward. I was http://www.youtube.com/UCBerkeleyHaas conglomerate through a nearly $9 bil- ment.” It has to be in the fabric of every employee and part of the culture. really keen on finding a good academic institu- lion acquisition by France-based Pernod tion. Berkeley has a great reputation in the US, Blogs at Haas Ricard. Before joining V&S in 2001 as I think we’ve taken some steps forward where but an even higher reputation in Europe. I don’t Read about the myriad experiences of Haas students, from part-timers juggling work and president of its Absolut Vodka division, we’re actually taking innovation to the next think people always realize that. school to MBA teams working overseas. level. We launched a product last year, Absolut http://www.haas.berkeley.edu/news/blogs.html Baron worked at McKinsey & Co.; several New Orleans, which was a limited edition local The third reason is the swimming program at Berkeley actually graduated the swimmers, consumer product companies, including unique flavor which was very tailored to the Lectures on the Go Coca-Cola and Kodak; and led a successful Cajun taste – mango and black pepper. Then unlike some other programs. And finally, it’s just Visit us on iTunes to listen to Haas events and lectures on your computer or mp3 player. dot-com IPO for a European Internet job we donated all the proceeds from that limited a beautiful place. posting board called StepStone ASA. edition to the rebuilding after Hurricane Katrina. I http://www.tinyurl.com/haasitunes thought that was a very nice way of responding What did you take away from Haas During his time at Cal, meanwhile, Baron to the disaster: We do something good, but also and Berkeley? iPhone Wallpaper won two Olympic medals swimming for showcase the brand. One thing that I love about Berkeley is the Decorate your iPhone with images of Cronk Gate or the Campanile. the Swedish team in 1980 and 1984. In advertising, we have evolved the campaign diversity. You can find everything and then http://www.haas.berkeley.edu/haas/iphone.html over 27 years. Last year we launched the next some, which I find very stimulating. Number Baron plans to leave Pernod Ricard this fall two, being surrounded by brilliant people is Complete Video Archive after helping with the integration of V&S generation of the campaign. Now we’re talking about “In an Absolut World.” We’re viewing the always extremely beneficial. Listen to the amazing speakers who visit the school by clicking into the Haas Video Room. and has not yet decided on his next move, world through Absolut eyes, sort of an idealized I like to blend slightly more emphasis on the the- http://www.haas.berkeley.edu/haas/video_room/ although he says he hopes it’s as exciting way of “What would it be like?” oretical rather than just case studies. I thought as his run at V&S. In an interview at Haas there was a good mix at Berkeley. When I left, I Haas@Cal before giving the class of 2008’s com- How do you weave innovation into the had a solid toolbox that I could apply. Find a new job, hire Haas graduates, or check out the latest alumni events in your city, all mencement speech, Baron talked about fabric of every employee? through the Haas Alumni Network. the Pernod Ricard merger, innovation at It’s a lot about, what do we focus on? What do Have you applied any lessons from http://www.haas.berkeley.edu/groups/alumni/ Absolut, and Berkeley. we communicate? What is success? What do your Olympic training to your business we highlight? What don’t we accept? We don’t career? Haas LinkedIn What were some challenges you faced accept mediocrity; we don’t accept same-as- Being an athlete on the international level, you Connect with other members of the Haas community through LinkedIn. planning a merger with another large yesterday. It’s in the values and also the type of practice certain skills that I believe are very http://www.haas.berkeley.edu/groups/alumni/linkedin/index.html company? people that you bring in and the training that valuable in business as well. You understand The challenge is how do you maintain the you do. Who do you compare yourself to? It’s the importance and power of setting ambitious Gear to Wear integrity of the old company, and to what extent easy to benchmark yourself with players within goals and understand that there are no short- Buy the latest Haas memorabilia — from Cal caps to fuzzy fleece to teddy bears — at the do you break it up and merge it into the larger the industry. We’d much rather benchmark cuts to success – hard work pays off. You are HaasGear Store. company to maximize the benefit of the new ourselves with Apple or with Nike, which have able to remain focused on your target, and learn http://haas-store.stores.yahoo.net/ structure. That’s a trade-off, and I don’t think taken innovation a long way. that achieving success is a team effort. And there’s a simple model for that. most importantly, if you want to achieve suc- Facebook Friends cess, you have to truly enjoy what you are doing! Going back a few years, how did you Be a friend of the Haas School on Facebook. The potential of the Absolut brand is mind-bog- end up at Berkeley? gling, and we don’t want to lose momentum. http://tinyurl.com/haasfacebook Now, many of the emerging markets like Brazil, I was a swimmer and heavily recruited. We don’t Interviewed by Ronna Kelly China, India, and Russia have tremendous have any collegiate sports in Sweden, so a lot of Twitter Updates swimmers went over to the US. I chose Berkeley potential because Pernod Ricard has wholly Check out Haas alumni events and news with Twitter. owned distribution companies in approximately for several reasons. The swimming program was 70 markets around the world. excellent. Number two, the academic reputation. http://twitter.com/haasalumni

32 CalBusiness Fall 2008 http://www.haas.berkeley.edu