IN THIS ISSUE: THE BUSINESS OF HEALTH CARE 16 HIGH-IMPACT LEADERSHIP 18 FROM THE DEAN

reetings from Olin Business The heart of the plan is expanding the In collaboration with our colleagues in School, and welcome to intersection of our three core constituents: Washington University’s School of OlinBusiness Magazine. Our faculty, students, and business. We Medicine, we debuted a leading-edge Ggoal is to connect you with aggressively are creating new ways to undergraduate major and minor in Health people, ideas, and the exciting, new apply our defining asset — the rigorous, Care Management this fall. Our “Sports things underway at Olin that carry out highly productive research and critical- Management” and “Economics of our long-standing mission of creating thinking mind-set of our faculty — to timely Entertainment” courses are our two OlinBusiness knowledge, inspiring individuals, trans- management issues. We are bringing busi- latest offerings for putting students face forming business. ness into the center of the Olin learning to face with global business leaders and magazine experience and building active, mutually the real-world issues these leaders con- These six simple words of our mission valued partnerships in the process. And, front. The courses follow the successful statement inspire us to consider how we by involving students, we are developing model of Emerson’s Chairman Emeritus must change today to fulfill our mission hands-on opportunities for them to become Chuck Knight and professor Anjan Thakor’s tomorrow. We are not content to think better critical thinkers, collaborators and “Performance Without Compromise” incrementally. Our vision is that Olin will future leaders. course, now in its fourth year. be recognized as one of the world’s best business schools. This past year, we set In short, collaboration and “research-driven n the international front, our a plan in motion for getting there. thinking, applied” are the overarching Executive MBA partnership Karen Branding, EMBA ’03 with Fudan University in Associate Dean and Director of FEATURES Shanghai, China, is recognized Marketing and Communications “We are not content to think incrementally. Our vision O as a leading center of excellence. We Ann Sudekum The High-Impact is that Olin will be recognized as one of the world’s continue to evaluate and form new Managing Editor Transformative Leadership strategic partnerships and footholds in Jill Pfeiffer best business schools. This past year, we set a plan in the world marketplace. Editor Power of Critical Olin’s new executive educa- Beth Rauhut tion program addresses the motion for getting there.” Production Manager Thinking The fruit of our labors is growth — in cross-functional management Jeremiah Methven, AB ’09 A faculty roundtable describes both size and quality. We received 3,080 Class Notes Editor/ challenges of a competitive, the process behind effective applications for the 135 slots for this fall’s Production Assistant global marketplace. themes of our plan, and we are making BSBA freshman enrollment, making it decision making and why it’s tremendous progress on both. one of the most selective classes in our WRITERS/PROOFREADERS crucial for business — and Amy De La Hunt history. Applications for this fall’s full-time business students. his year, we hired 20 exceptional Julia Johnson MBA entering class were up 81 percent 18 new faculty members — a historical Andrea Mongler over 2006, and applications for our new Rick Skwiot high in annual recruiting for Olin. MS/Finance Program were up 68 percent Annette Unser We launched three important 10 T since just last year. Similarly, the PMBA centers to catalyze research and business PHOTOGRAPHY Program has filled to capacity in each The Business of involvement: the Institute for Innovation and Ferguson-Katzman Photography of its last three intakes. And, our EMBA Growth, Center for Finance and Accounting Jon Furst Health Care students continue to make us proud with Michael Jacob Research, and Olin Leadership Assessment Professors Barton Hamilton their outstanding leadership and career Geoff Story Center. We have made corporate relations and Dr. Bruce Lee Hall prepare acceleration. David Stradal and outreach priorities to ensure we are Washington University a new generation of leaders to earning the trust and partnership of busi- Photographic Services “change the face of health Much has been accomplished, and there nesses and recruiters. We also are close to care delivery.” is much yet to do to realize our vision. CONTRIBUTORS finalizing plans for a new core facility that Your partnership and support inspire us Leah Costantino, AB ’97 will not only accommodate our growth but daily and will continue to be central to Dan Goldstein, AB ’07/MACC ’08 also secure Olin’s overall competitiveness. Dena Goldstein our future success. Teresa Melton 16 We expanded critical thinking Andrea Mongler Our thanks and best wishes, Lexie O’Brien, MBA ’90 in our MBA Program and intro- Ben Pfeiffer duced it into the undergraduate Ginnie Seigel experience, as well as into Suzanne Shenkman, PMBA ’06 DEPARTMENTS our nondegree executive Gloria Stukenbroeker education portfolio. We will A special thank you to the faculty, Newsworthy 2 continue to incorporate critical Mahendra Gupta staff, alumni and other friends thinking into all we do, equipping Faculty Research & News 6 Dean and Geraldine J. who contributed to this publication. students with the rigorous mind-set and Robert L. Virgil Alumni Connections 22 needed for delivering superior solu- CORRESPONDENCE Professor of Accounting tions to complex business problems. Olin Business School Class Notes 25 and Management Washington University in St. Louis Campus Box 1162 In Memoriam 32 One Brookings Drive St. Louis, MO 63130-4899 Your Career 33 www.olin.wustl.edu

2008 // OlinBusiness 1 FROM THE DEAN

reetings from Olin Business The heart of the plan is expanding the In collaboration with our colleagues in School, and welcome to intersection of our three core constituents: Washington University’s School of OlinBusiness Magazine. Our faculty, students, and business. We Medicine, we debuted a leading-edge Ggoal is to connect you with aggressively are creating new ways to undergraduate major and minor in Health people, ideas, and the exciting, new apply our defining asset — the rigorous, Care Management this fall. Our “Sports things underway at Olin that carry out highly productive research and critical- Management” and “Economics of our long-standing mission of creating thinking mind-set of our faculty — to timely Entertainment” courses are our two OlinBusiness knowledge, inspiring individuals, trans- management issues. We are bringing busi- latest offerings for putting students face forming business. ness into the center of the Olin learning to face with global business leaders and magazine experience and building active, mutually the real-world issues these leaders con- These six simple words of our mission valued partnerships in the process. And, front. The courses follow the successful statement inspire us to consider how we by involving students, we are developing model of Emerson’s Chairman Emeritus must change today to fulfill our mission hands-on opportunities for them to become Chuck Knight and professor Anjan Thakor’s tomorrow. We are not content to think better critical thinkers, collaborators and “Performance Without Compromise” incrementally. Our vision is that Olin will future leaders. course, now in its fourth year. be recognized as one of the world’s best business schools. This past year, we set In short, collaboration and “research-driven n the international front, our a plan in motion for getting there. thinking, applied” are the overarching Executive MBA partnership Karen Branding, EMBA ’03 with Fudan University in Associate Dean and Director of FEATURES Shanghai, China, is recognized Marketing and Communications “We are not content to think incrementally. Our vision O as a leading center of excellence. We Ann Sudekum The High-Impact is that Olin will be recognized as one of the world’s continue to evaluate and form new Managing Editor Transformative Leadership strategic partnerships and footholds in Jill Pfeiffer best business schools. This past year, we set a plan in the world marketplace. Editor Power of Critical Olin’s new executive educa- Beth Rauhut tion program addresses the motion for getting there.” Production Manager Thinking The fruit of our labors is growth — in cross-functional management Jeremiah Methven, AB ’09 A faculty roundtable describes both size and quality. We received 3,080 Class Notes Editor/ challenges of a competitive, the process behind effective applications for the 135 slots for this fall’s Production Assistant global marketplace. themes of our plan, and we are making BSBA freshman enrollment, making it decision making and why it’s tremendous progress on both. one of the most selective classes in our WRITERS/PROOFREADERS crucial for business — and Amy De La Hunt history. Applications for this fall’s full-time business students. his year, we hired 20 exceptional Julia Johnson MBA entering class were up 81 percent 18 new faculty members — a historical Andrea Mongler over 2006, and applications for our new Rick Skwiot high in annual recruiting for Olin. MS/Finance Program were up 68 percent Annette Unser We launched three important 10 T since just last year. Similarly, the PMBA centers to catalyze research and business PHOTOGRAPHY Program has filled to capacity in each The Business of involvement: the Institute for Innovation and Ferguson-Katzman Photography of its last three intakes. And, our EMBA Growth, Center for Finance and Accounting Jon Furst Health Care students continue to make us proud with Michael Jacob Research, and Olin Leadership Assessment Professors Barton Hamilton their outstanding leadership and career Geoff Story Center. We have made corporate relations and Dr. Bruce Lee Hall prepare acceleration. David Stradal and outreach priorities to ensure we are Washington University a new generation of leaders to earning the trust and partnership of busi- Photographic Services “change the face of health Much has been accomplished, and there nesses and recruiters. We also are close to care delivery.” is much yet to do to realize our vision. CONTRIBUTORS finalizing plans for a new core facility that Your partnership and support inspire us Leah Costantino, AB ’97 will not only accommodate our growth but daily and will continue to be central to Dan Goldstein, AB ’07/MACC ’08 also secure Olin’s overall competitiveness. Dena Goldstein our future success. Teresa Melton 16 We expanded critical thinking Andrea Mongler Our thanks and best wishes, Lexie O’Brien, MBA ’90 in our MBA Program and intro- Ben Pfeiffer duced it into the undergraduate Ginnie Seigel experience, as well as into Suzanne Shenkman, PMBA ’06 DEPARTMENTS our nondegree executive Gloria Stukenbroeker education portfolio. We will A special thank you to the faculty, Newsworthy 2 continue to incorporate critical Mahendra Gupta staff, alumni and other friends thinking into all we do, equipping Faculty Research & News 6 Dean and Geraldine J. who contributed to this publication. students with the rigorous mind-set and Robert L. Virgil Alumni Connections 22 needed for delivering superior solu- CORRESPONDENCE Professor of Accounting tions to complex business problems. Olin Business School Class Notes 25 and Management Washington University in St. Louis Campus Box 1162 In Memoriam 32 One Brookings Drive St. Louis, MO 63130-4899 Your Career 33 www.olin.wustl.edu

2008 // OlinBusiness 1 NEWSWORTHY

Conference Promotes New Course Examines Growth Strategies for Business Innovation Presidential Election Brazilian CEOs

Olin’s first Innovation Exchange Conference “The Business of Presidential Elections,” a In June, Olin hosted the 2008 Brazilian took place in May at Olin, bringing together topical addition to the slate of innovative CEOs Strategy for Growth Program, a joint faculty, EMBA students and business courses Olin offers this fall, has generated venture between Olin and Brazilian busi- experts. Mahendra Gupta, dean and a lot of interest with students. Taught by ness school Fundação Dom Cabral (FDC). Geraldine J. and Robert L. Virgil Professor Steve Malter, PhD, director of student of Accounting and Management, provided development, the class examines the Program sessions covered a wide range of opening remarks, and Dr. William Peck, impact of the 2008 growth topics and were taught by Chuck Alan A. and Edith L. Wolff Distinguished election on domestic Knight, chairman emeritus, Emerson; Professor of Medicine and director of and international Anjan Thakor, senior associate dean and Washington University’s Center for Health business. John E. Simon Professor of Finance; Policy, delivered the keynote speech. Jackson Nickerson, Frahm Family We’ve come so far! EMBA Class 29 members Conference participants represented The course Professor of Organization and Strategy; Carl Nielsen and Tonya Noble graduated more than 55 companies. analyzes the Todd Milbourn, professor of finance; Stacy from Olin’s Executive MBA program in June candidates’ market- Jackson, adjunct professor, leadership and 2008. Business professionals can take advan- Conference speakers were well-known ing and branding efforts professional development; and FDC’s tage of the EMBA program in two formats: innovation experts from business and and the differences between John Carlos Alberto Arruda de Oliveira, profes- EMBA Weekend, which meets every other European Union Mock Parliament education, including Tony Sardella, founder McCain’s and Barack Obama’s policies on sor of innovation and competitiveness and week for two-day sessions (Friday and and CEO of Evolve24; Carliss Baldwin, health care, taxation and trade — and the coordinator of the Nucleus of Innovation Saturday), and EMBA Monthly, which Enriches International Internship Programs professor at Harvard University; Christoph effects their party platforms will have in of the Foundation Dom Cabral, and Luis meets once a month for three-day sessions Loch, professor at INSEAD; Mark Lewis, the global marketplace. Augusto Lobão Mendes, professor in the (Thursday, Friday, Saturday). EMBA Weekend Olin added a new element to its under- other experts. Each team represented MBA ’94, principal, Advantage Capital areas of business strategy, management Class 33 started Sept. 21, 2008, and EMBA graduate International Internship the views and interests of the country Partners; and Jeff DeGraff, professor at Like the campaign, the class is sure to of trials, the organizational climate, remu- Monthly Class 34 starts in April 2009. Programs last spring: an on-site mock it had visited. University of Michigan. Olin senior faculty spark debate. neration variable and performance. parliament at the Espace Léopold — and University faculty members were a complex that houses the original According to Nick Hugh, Olin’s director panelists for the program sessions. legislative chamber of the European of European programs: “Students’ learning ‘Sports Management’ Added to Elective Lineup Union (EU) — in Brussels, Belgium. and appreciation of the business The conference was made possible by the environment are taken to a new level Weston Foundation and sponsored by March 18 was “opening day” for Olin’s Neal Pilson, former president of CBS UPCOMING: Students debated the financial when they actually meet with individuals Olin’s new Institute for Innovation and new “Sports Management” course, Sports; Tony Ponturo, vice president of * implications of the enlargement of the who influence and make policy. The mock Growth — the catalyst, focal point and EMBA co-taught by finance professor Todd global media and sports marketing at fyi EU. For research, they traveled in pairs parliament gave students an excellent coordinating body of all business school Milbourn and Seth Abraham, former Anheuser-Busch; Harvey Schiller, former PROGRAM to one of 19 European cities, where they orientation to Europe, which proved activities that lead to breakthrough president of Madison Square Garden president of Turner Sports; and Selena interviewed government officials and extremely helpful in their internships.” research in innovation and creativity. and Time Warner Sports. Roberts, senior writer for Sports Illustrated. PREVIEWS

Abraham says the course gives students “Our thanks to Seth Abraham and December 6, 2008 Olin Opens “a panoramic view of the business Todd Milbourn for this winning Registration: 8:45 - 9 a.m. of sports around the world.” addition to our curriculum,” says Information Session: 9 - 10:15 a.m. Management Olin Dean Mahendra Gupta. “It Strategic Cost Accounting & Control, Communication Lab This year’s class featured an brings business issues and business Dean Mahendra Gupta: 10:15 - 11:30 a.m. all-star lineup of guest leaders into the center of the Lunch with current students: speakers including: learning experience, and we’re 11:30 a.m. - 12:30 p.m. Superior communication skills are essential thrilled to be able to offer this in today’s business world, and a priority at January 10, 2009 course to our MBA and Olin. This September, Olin launched the Registration: 8:45 - 9 a.m. BSBA students.” Management Communication Lab, staffed Information Session: 9 - 10:15 a.m. with on-site consultants to help students Managerial Economics, Professor Glenn get more impact and results from their MacDonald: 10:30 a.m. - 12:30 p.m. written documents and presentations. Lunch with current students: Under the direction of Sharon Cannon, 12:30 - 1:30 p.m.

lecturer of management communication,

All events will be held at the Charles F. this free service for all business school Knight Executive Education and Conference degree students provides coaching and « Center, located on the Danforth Campus of advice for planning and polishing briefs and Thanks to a contribution from our partners at Bunge North America, Room 340 in the Washington University. For more informa- case write-ups, business reports, memos, Charles F. Knight Executive Education and Conference Center was recently named the Bunge tion, e-mail [email protected] or call and letters. Students also can practice oral Classroom. From left: Anjan Thakor, senior associate dean and John E. Simon Professor of SETH ABRAHAM 314-935-9009 (toll-free 888-273-6820). presentations, lectures and interviews and Finance; Carl Hausmann, president and CEO of Bunge North America; Alberto Weisser, former president of Madison Square Garden develop effective PowerPoint slides. chairman and CEO of Bunge Ltd.; and Mahendra Gupta, dean and Geraldine J. and Robert L. and Time Warner Sports Virgil Professor of Accounting and Management.

2 OlinBusiness // 2008 2008 // OlinBusiness 3 NEWSWORTHY

Conference Promotes New Course Examines Growth Strategies for Business Innovation Presidential Election Brazilian CEOs

Olin’s first Innovation Exchange Conference “The Business of Presidential Elections,” a In June, Olin hosted the 2008 Brazilian took place in May at Olin, bringing together topical addition to the slate of innovative CEOs Strategy for Growth Program, a joint faculty, EMBA students and business courses Olin offers this fall, has generated venture between Olin and Brazilian busi- experts. Mahendra Gupta, dean and a lot of interest with students. Taught by ness school Fundação Dom Cabral (FDC). Geraldine J. and Robert L. Virgil Professor Steve Malter, PhD, director of student of Accounting and Management, provided development, the class examines the Program sessions covered a wide range of opening remarks, and Dr. William Peck, impact of the 2008 growth topics and were taught by Chuck Alan A. and Edith L. Wolff Distinguished election on domestic Knight, chairman emeritus, Emerson; Professor of Medicine and director of and international Anjan Thakor, senior associate dean and Washington University’s Center for Health business. John E. Simon Professor of Finance; Policy, delivered the keynote speech. Jackson Nickerson, Frahm Family We’ve come so far! EMBA Class 29 members Conference participants represented The course Professor of Organization and Strategy; Carl Nielsen and Tonya Noble graduated more than 55 companies. analyzes the Todd Milbourn, professor of finance; Stacy from Olin’s Executive MBA program in June candidates’ market- Jackson, adjunct professor, leadership and 2008. Business professionals can take advan- Conference speakers were well-known ing and branding efforts professional development; and FDC’s tage of the EMBA program in two formats: innovation experts from business and and the differences between John Carlos Alberto Arruda de Oliveira, profes- EMBA Weekend, which meets every other European Union Mock Parliament education, including Tony Sardella, founder McCain’s and Barack Obama’s policies on sor of innovation and competitiveness and week for two-day sessions (Friday and and CEO of Evolve24; Carliss Baldwin, health care, taxation and trade — and the coordinator of the Nucleus of Innovation Saturday), and EMBA Monthly, which Enriches International Internship Programs professor at Harvard University; Christoph effects their party platforms will have in of the Foundation Dom Cabral, and Luis meets once a month for three-day sessions Loch, professor at INSEAD; Mark Lewis, the global marketplace. Augusto Lobão Mendes, professor in the (Thursday, Friday, Saturday). EMBA Weekend Olin added a new element to its under- other experts. Each team represented MBA ’94, principal, Advantage Capital areas of business strategy, management Class 33 started Sept. 21, 2008, and EMBA graduate International Internship the views and interests of the country Partners; and Jeff DeGraff, professor at Like the campaign, the class is sure to of trials, the organizational climate, remu- Monthly Class 34 starts in April 2009. Programs last spring: an on-site mock it had visited. University of Michigan. Olin senior faculty spark debate. neration variable and performance. parliament at the Espace Léopold — and University faculty members were a complex that houses the original According to Nick Hugh, Olin’s director panelists for the program sessions. legislative chamber of the European of European programs: “Students’ learning ‘Sports Management’ Added to Elective Lineup Union (EU) — in Brussels, Belgium. and appreciation of the business The conference was made possible by the environment are taken to a new level Weston Foundation and sponsored by March 18 was “opening day” for Olin’s Neal Pilson, former president of CBS UPCOMING: Students debated the financial when they actually meet with individuals Olin’s new Institute for Innovation and new “Sports Management” course, Sports; Tony Ponturo, vice president of * implications of the enlargement of the who influence and make policy. The mock Growth — the catalyst, focal point and EMBA co-taught by finance professor Todd global media and sports marketing at fyi EU. For research, they traveled in pairs parliament gave students an excellent coordinating body of all business school Milbourn and Seth Abraham, former Anheuser-Busch; Harvey Schiller, former PROGRAM to one of 19 European cities, where they orientation to Europe, which proved activities that lead to breakthrough president of Madison Square Garden president of Turner Sports; and Selena interviewed government officials and extremely helpful in their internships.” research in innovation and creativity. and Time Warner Sports. Roberts, senior writer for Sports Illustrated. PREVIEWS

Abraham says the course gives students “Our thanks to Seth Abraham and December 6, 2008 Olin Opens “a panoramic view of the business Todd Milbourn for this winning Registration: 8:45 - 9 a.m. of sports around the world.” addition to our curriculum,” says Information Session: 9 - 10:15 a.m. Management Olin Dean Mahendra Gupta. “It Strategic Cost Accounting & Control, Communication Lab This year’s class featured an brings business issues and business Dean Mahendra Gupta: 10:15 - 11:30 a.m. all-star lineup of guest leaders into the center of the Lunch with current students: speakers including: learning experience, and we’re 11:30 a.m. - 12:30 p.m. Superior communication skills are essential thrilled to be able to offer this in today’s business world, and a priority at January 10, 2009 course to our MBA and Olin. This September, Olin launched the Registration: 8:45 - 9 a.m. BSBA students.” Management Communication Lab, staffed Information Session: 9 - 10:15 a.m. with on-site consultants to help students Managerial Economics, Professor Glenn get more impact and results from their MacDonald: 10:30 a.m. - 12:30 p.m. written documents and presentations. Lunch with current students: Under the direction of Sharon Cannon, 12:30 - 1:30 p.m.

lecturer of management communication,

All events will be held at the Charles F. this free service for all business school Knight Executive Education and Conference degree students provides coaching and « Center, located on the Danforth Campus of advice for planning and polishing briefs and Thanks to a contribution from our partners at Bunge North America, Room 340 in the Washington University. For more informa- case write-ups, business reports, memos, Charles F. Knight Executive Education and Conference Center was recently named the Bunge tion, e-mail [email protected] or call and letters. Students also can practice oral Classroom. From left: Anjan Thakor, senior associate dean and John E. Simon Professor of SETH ABRAHAM 314-935-9009 (toll-free 888-273-6820). presentations, lectures and interviews and Finance; Carl Hausmann, president and CEO of Bunge North America; Alberto Weisser, former president of Madison Square Garden develop effective PowerPoint slides. chairman and CEO of Bunge Ltd.; and Mahendra Gupta, dean and Geraldine J. and Robert L. and Time Warner Sports Virgil Professor of Accounting and Management.

2 OlinBusiness // 2008 2008 // OlinBusiness 3 NEWSWORTHY

Olin Names Cannon Undergraduate Director

In January, Olin welcomed Jeff Cannon as its new associate dean and director of Undergraduate Programs. THE COMPANY WE KEEP “Jeff possesses exceptional leadership skills, management knowledge and international experience,” says Dean The following is a partial list of individuals who have addressed the Olin community as of May 2008: Mahendra Gupta. Seth Abraham Frank Doerner, Mark Hall, MBA ’02 Richard Mahoney Charlie Peters Gen. Henry H. Shelton Former President MSME ’88/EMBA ’05 Senior Manager, Olin Executive in Residence Chief Innovation Officer Former Chairman Prior to joining Olin, Cannon was director Madison Square Garden Vice President of Business Valuations & Former Chairman & CEO Emerson Joint Chiefs of Staff of Kenan-Flagler Business School’s two- and Time Warner Sports AeroStructures, Anheuser-Busch Monsanto Manufacturing & Neal Pilson David K. Sherman, year BSBA program at the University of Brad Baker, MBA ’93 Support Technologies Susan Hughes, MBA ’05 Todd McGowan Former President BSBA ’87 North Carolina at Chapel Hill. He says Executive Vice President Boeing Profit Planning Analyst Creative Director CBS Sports Founder & Husky Emerson McGowan Crain Managing Principal Olin’s four-year program gives him more Arnold W. Donald, Tony Ponturo Cohanzick Management time with individual students. On March 10, Washington University Chancellor Mark S.Wrighton and members of the Carliss Y. Baldwin BSME ’77 Phil Hutchison P. Joseph McKee III, Vice President of William L. White Professor Senior Vice President, MBA ’91 Global Media & Mark Shevitz, EMBA ’88 McDonnell International Scholars Academy (including four Olin MBAs) rang the opening bell Former Chairman & CEO of Business Administration Merisant Company Human Resources, & Chief President & CEO Sports Marketing President Cannon is filling the shoes of his longtime of the New York Stock Exchange. Harvard University Compliance Officer Paric Anheuser-Busch SJI friend and colleague Gary Hochberg, David Farr Emerson David Becker, Chairman, CEO & President Paul McKnight Stephanie Pope Al Suter whose 25-year tenure brought the BSBA BSCS/MBA ’89 Emerson Mike Jones, PMBA ’95 Senior Vice President, Director, Ethics & Business Senior Advisor & Retired Program international recognition. “I’ve Elective Spotlights Olin Launches ‘Mind President & COO Senior Project Executive Organization Planning Conduct, Boeing Integrated Vice Chairman & CEO Cottingham & Butler Frank Feng, MBA ’00 IBM Global Services Emerson Defense Systems Emerson known Jeff for a number of years,” says Director of Key Accounts Boeing Hochberg. “Olin will benefit from his Entertainment Biz Your Own Business’ Kathy Button Bell Emerson Ward Klein Susan McLaughlin, Andrew C. Taylor Vice President & CMO CEO MA ’90 Greg Portell, MBA ’99 Chairman & CEO energy, experience and wisdom.” Ad Campaign Emerson Jeremy Fern Energizer Holdings Vice President, Principal Enterprise Rent-A-Car This fall marks the debut of “Economics Head of City Affairs Strategic Sales A.T. Kearney of Entertainment,” an innovative new Joe Blomker, EMBA ’90 City of London Tina Klocke TOA Technologies Mike Theilmann “Mind Your Own Business,” Olin tells Co-founder, President Chief Financial Bear, Eric Ralph, MBA ’00 Executive Vice President, undergraduate elective course developed & CEO David Fischhoff Secretary & Treasurer Greg Meier, MBA ’98 Senior Vice President Chief Human Resources & by Glenn MacDonald, John M. Olin executives in a provocative new print ad Maryville Technologies Vice President of Build-A-Bear Workshop Vice President Summit Strategies Group Administration Officer Distinguished Professor of Economics campaign designed to raise awareness of Technology Strategy Harbour Group J.C. Penney Olin overall and drive growth of the Mark Bulanda & Development Charles F. Knight, DSc ’96 Geoff Rigabar, MBA ’96 and Strategy. President of White- Monsanto Chairman Emeritus John Menzer Financial Advisor Larry Thomas, BSBA ’77 school’s executive education offerings. Rodgers Division Emerson Former Vice Chairman Edward Jones Partner Emerson Walter Galvin Wal-Mart Edward Jones The course focuses on the unusual eco- Senior Executive Vice Lester B. Knight Selena Roberts nomics of the entertainment industry and “The M.Y.O.B. campaign uses our strong Carl Casale, EMBA ’92 President & CFO Founder Cathy Minehan Senior Writer Sandra Van Trease, Executive Vice President, RoundTable Healthcare Managing Director EMBA ’92 its associated management challenges. executive education portfolio to have a Emerson Sports Illustrated relevant and memorable conversation Strategy & Operations Partners Arlington Advisory Group President Classes consist of lectures and discus- Monsanto Paolo Garzotti Partners Harold Rosen BJC HealthCare sions with industry leaders such as David about the Olin brand with business Directorate General Philip Koen Director, Grassroots Maxine Clark for Trade CEO Ed Monser James Weddle, MBA ’77 Bendeth, multiplatinum, award-winning leaders across the country,” says Karen Founder, Chairman & Chief COO Business Initiative Managing Partner European Commission Savvis World Bank/International Jeff Cannon music producer; Jon Feltheimer, AB ’72, CEO Branding, EMBA ’03, associate dean and Executive Bear Emerson Edward Jones Build-A-Bear Workshop William T. Gavin Mark Lewis, MBA ’94 Finance Corp. of Lionsgate Entertainment; Barry Weiss, director of marketing and communications. Mairin Ocheltree, Maggie Sullivan Vice President Principal Sally Rundquist chairman and CEO of BMG Label Group; Norma Clayton & Economist Advantage Capital MA/MBA ’04 Wilderotter Vice President, Learning, Global Compensation Clinical Supervisor & Chairman & CEO and Joe Levy, editor-in-chief of Blender and The campaign rollout began in summer Federal Reserve Bank Partners Founder of the Volunteer 2008 (see our ad on Page 21). Ads have Training & Development of St. Louis Manager Frontier Communications BSBA Program Adds former Rolling Stone executive editor. Boeing Christoph Loch Energizer Holdings Nurse Program appeared in a number of targeted busi- Darwin Gillett The GlaxoSmithKline St. John’s Mercy Scott Wilson ness publications across the country, Ben Crain Founder & President Chaired Professor of Jim O’Donnell, Medical Center President Freshman Course Course topics include intellectual property, Creative Director BSBA/MBA ’74 S.M. Wilson & Co. Gillett Associates Corporate Innovation, Louis Santamaria industry standards, industry structure and including the Harvard Business Review. McGowan Crain Professor of Technology & President & CEO Mark Golde, MBA ’91 Bush O’Donnell Standards Attaché John Wood A comprehensive new course introduces the technology changes that have revolu- Mike DeCola Operations Management, & U.S. Commercial Service Founder & CEO Vice President Dean of PhD Programme Capital Partners Olin freshmen to the academic content tionized recording, editing, animation and President & CEO Forward Research Room to Read Mississippi Lime INSEAD Samuel J. Palmisano Tony Sardella and rigor of the BSBA Program and helps information storage. CEO & Founder Stuart Yoak, PhD ’85 Vicki Gonzalez, MBA ’90 Jim Lowe Chairman, President & CEO them acclimate to the business school Jeff DeGraff President & CEO IBM Evolve24 Executive Director of the Clinical Associate Professor Manufacturers Membership Center for the Study of community. Students research specific areas of Nidus Center for Services Manager Harvey Schiller of Management Education Scientific Enterprise George Paz Ethics & Human Values entertainment and present their work in Ross School of Business, National Association of President, CEO & Chairman Former President Washington University Electrical Distributors Turner Sports According to Steve Malter, PhD, director a documentary-style production. University of Michigan Lynn Gorguze, PMBA ’86 Express Scripts Managing Partner President & CEO Jim Zimmer, EMBA ’01 of student development, “The Olin Eugene J. Mackey III, David Peacock, William Schnettgoecke CEO Competing Values Cameron Holdings BA ’60, BArch ’62 Jr., MBA/MMM ’01 Experience” gives students a foundation in “I hope to inspire students to think about EMBA ’00 Channel Bio Corp., Hugh Grant Principal Vice President, Marketing Vice President & Deputy, Monsanto management, builds their critical-thinking a career in the entertainment industry,” Chairman, CEO & President Mackey Mitchell Anheuser-Busch Operations & Supplier and leadership skills, provides personal MacDonald says. “They can employ their Monsanto Architects Management, Integrated Jack Perkowski Defense System and professional-development training considerable talent and imagination to Chairman & CEO Boeing and tools, and teaches corporate respon- help the industry find novel ways to create Asimco Technologies sibility and integrity. and appropriate value.”

4 OlinBusiness // 2008 2008 // OlinBusiness 5 NEWSWORTHY

Olin Names Cannon Undergraduate Director

In January, Olin welcomed Jeff Cannon as its new associate dean and director of Undergraduate Programs. THE COMPANY WE KEEP “Jeff possesses exceptional leadership skills, management knowledge and international experience,” says Dean The following is a partial list of individuals who have addressed the Olin community as of May 2008: Mahendra Gupta. Seth Abraham Frank Doerner, Mark Hall, MBA ’02 Richard Mahoney Charlie Peters Gen. Henry H. Shelton Former President MSME ’88/EMBA ’05 Senior Manager, Olin Executive in Residence Chief Innovation Officer Former Chairman Prior to joining Olin, Cannon was director Madison Square Garden Vice President of Business Valuations & Former Chairman & CEO Emerson Joint Chiefs of Staff of Kenan-Flagler Business School’s two- and Time Warner Sports AeroStructures, Anheuser-Busch Monsanto Manufacturing & Neal Pilson David K. Sherman, year BSBA program at the University of Brad Baker, MBA ’93 Support Technologies Susan Hughes, MBA ’05 Todd McGowan Former President BSBA ’87 North Carolina at Chapel Hill. He says Executive Vice President Boeing Profit Planning Analyst Creative Director CBS Sports Founder & Husky Emerson McGowan Crain Managing Principal Olin’s four-year program gives him more Arnold W. Donald, Tony Ponturo Cohanzick Management time with individual students. On March 10, Washington University Chancellor Mark S.Wrighton and members of the Carliss Y. Baldwin BSME ’77 Phil Hutchison P. Joseph McKee III, Vice President of William L. White Professor Senior Vice President, MBA ’91 Global Media & Mark Shevitz, EMBA ’88 McDonnell International Scholars Academy (including four Olin MBAs) rang the opening bell Former Chairman & CEO of Business Administration Merisant Company Human Resources, & Chief President & CEO Sports Marketing President Cannon is filling the shoes of his longtime of the New York Stock Exchange. Harvard University Compliance Officer Paric Anheuser-Busch SJI friend and colleague Gary Hochberg, David Farr Emerson David Becker, Chairman, CEO & President Paul McKnight Stephanie Pope Al Suter whose 25-year tenure brought the BSBA BSCS/MBA ’89 Emerson Mike Jones, PMBA ’95 Senior Vice President, Director, Ethics & Business Senior Advisor & Retired Program international recognition. “I’ve Elective Spotlights Olin Launches ‘Mind President & COO Senior Project Executive Organization Planning Conduct, Boeing Integrated Vice Chairman & CEO Cottingham & Butler Frank Feng, MBA ’00 IBM Global Services Emerson Defense Systems Emerson known Jeff for a number of years,” says Director of Key Accounts Boeing Hochberg. “Olin will benefit from his Entertainment Biz Your Own Business’ Kathy Button Bell Emerson Ward Klein Susan McLaughlin, Andrew C. Taylor Vice President & CMO CEO MA ’90 Greg Portell, MBA ’99 Chairman & CEO energy, experience and wisdom.” Ad Campaign Emerson Jeremy Fern Energizer Holdings Vice President, Principal Enterprise Rent-A-Car This fall marks the debut of “Economics Head of City Affairs Strategic Sales A.T. Kearney of Entertainment,” an innovative new Joe Blomker, EMBA ’90 City of London Tina Klocke TOA Technologies Mike Theilmann “Mind Your Own Business,” Olin tells Co-founder, President Chief Financial Bear, Eric Ralph, MBA ’00 Executive Vice President, undergraduate elective course developed & CEO David Fischhoff Secretary & Treasurer Greg Meier, MBA ’98 Senior Vice President Chief Human Resources & by Glenn MacDonald, John M. Olin executives in a provocative new print ad Maryville Technologies Vice President of Build-A-Bear Workshop Vice President Summit Strategies Group Administration Officer Distinguished Professor of Economics campaign designed to raise awareness of Technology Strategy Harbour Group J.C. Penney Olin overall and drive growth of the Mark Bulanda & Development Charles F. Knight, DSc ’96 Geoff Rigabar, MBA ’96 and Strategy. President of White- Monsanto Chairman Emeritus John Menzer Financial Advisor Larry Thomas, BSBA ’77 school’s executive education offerings. Rodgers Division Emerson Former Vice Chairman Edward Jones Partner Emerson Walter Galvin Wal-Mart Edward Jones The course focuses on the unusual eco- Senior Executive Vice Lester B. Knight Selena Roberts nomics of the entertainment industry and “The M.Y.O.B. campaign uses our strong Carl Casale, EMBA ’92 President & CFO Founder Cathy Minehan Senior Writer Sandra Van Trease, Executive Vice President, RoundTable Healthcare Managing Director EMBA ’92 its associated management challenges. executive education portfolio to have a Emerson Sports Illustrated relevant and memorable conversation Strategy & Operations Partners Arlington Advisory Group President Classes consist of lectures and discus- Monsanto Paolo Garzotti Partners Harold Rosen BJC HealthCare sions with industry leaders such as David about the Olin brand with business Directorate General Philip Koen Director, Grassroots Maxine Clark for Trade CEO Ed Monser James Weddle, MBA ’77 Bendeth, multiplatinum, award-winning leaders across the country,” says Karen Founder, Chairman & Chief COO Business Initiative Managing Partner European Commission Savvis World Bank/International Jeff Cannon music producer; Jon Feltheimer, AB ’72, CEO Branding, EMBA ’03, associate dean and Executive Bear Emerson Edward Jones Build-A-Bear Workshop William T. Gavin Mark Lewis, MBA ’94 Finance Corp. of Lionsgate Entertainment; Barry Weiss, director of marketing and communications. Mairin Ocheltree, Maggie Sullivan Vice President Principal Sally Rundquist chairman and CEO of BMG Label Group; Norma Clayton & Economist Advantage Capital MA/MBA ’04 Wilderotter Vice President, Learning, Global Compensation Clinical Supervisor & Chairman & CEO and Joe Levy, editor-in-chief of Blender and The campaign rollout began in summer Federal Reserve Bank Partners Founder of the Volunteer 2008 (see our ad on Page 21). Ads have Training & Development of St. Louis Manager Frontier Communications BSBA Program Adds former Rolling Stone executive editor. Boeing Christoph Loch Energizer Holdings Nurse Program appeared in a number of targeted busi- Darwin Gillett The GlaxoSmithKline St. John’s Mercy Scott Wilson ness publications across the country, Ben Crain Founder & President Chaired Professor of Jim O’Donnell, Medical Center President Freshman Course Course topics include intellectual property, Creative Director BSBA/MBA ’74 S.M. Wilson & Co. Gillett Associates Corporate Innovation, Louis Santamaria industry standards, industry structure and including the Harvard Business Review. McGowan Crain Professor of Technology & President & CEO Mark Golde, MBA ’91 Bush O’Donnell Standards Attaché John Wood A comprehensive new course introduces the technology changes that have revolu- Mike DeCola Operations Management, & U.S. Commercial Service Founder & CEO Vice President Dean of PhD Programme Capital Partners Olin freshmen to the academic content tionized recording, editing, animation and President & CEO Forward Research Room to Read Mississippi Lime INSEAD Samuel J. Palmisano Tony Sardella and rigor of the BSBA Program and helps information storage. CEO & Founder Stuart Yoak, PhD ’85 Vicki Gonzalez, MBA ’90 Jim Lowe Chairman, President & CEO them acclimate to the business school Jeff DeGraff President & CEO IBM Evolve24 Executive Director of the Clinical Associate Professor Manufacturers Membership Center for the Study of community. Students research specific areas of Nidus Center for Services Manager Harvey Schiller of Management Education Scientific Enterprise George Paz Ethics & Human Values entertainment and present their work in Ross School of Business, National Association of President, CEO & Chairman Former President Washington University Electrical Distributors Turner Sports According to Steve Malter, PhD, director a documentary-style production. University of Michigan Lynn Gorguze, PMBA ’86 Express Scripts Managing Partner President & CEO Jim Zimmer, EMBA ’01 of student development, “The Olin Eugene J. Mackey III, David Peacock, William Schnettgoecke CEO Competing Values Cameron Holdings BA ’60, BArch ’62 Jr., MBA/MMM ’01 Experience” gives students a foundation in “I hope to inspire students to think about EMBA ’00 Channel Bio Corp., Hugh Grant Principal Vice President, Marketing Vice President & Deputy, Monsanto management, builds their critical-thinking a career in the entertainment industry,” Chairman, CEO & President Mackey Mitchell Anheuser-Busch Operations & Supplier and leadership skills, provides personal MacDonald says. “They can employ their Monsanto Architects Management, Integrated Jack Perkowski Defense System and professional-development training considerable talent and imagination to Chairman & CEO Boeing and tools, and teaches corporate respon- help the industry find novel ways to create Asimco Technologies sibility and integrity. and appropriate value.”

4 OlinBusiness // 2008 2008 // OlinBusiness 5 FACULTY RESEARCH & NEWS

However, product market competition is the subject of a paper MacDonald co- associated with higher audit fees when authored with Michael Ryall, University performance benchmarking is ineffective. of Melbourne. The researchers find that Olin Business School is defined by the research-driven These results support both sets of compet- a new player — an entrant joining an ing theories and offer a way to reconcile existing economic activity, e.g., an mind-set of its faculty, whose leading-edge scholarship the conflicting theoretical predictions. industry, generally allows more value to be created, but also generates new oppor- tunities for the existing players. Greater advances business theory and practice. Our professors’ value creation typically allows a player to appropriate more value, but the emergence of new alternatives has the work is frequently published and widely cited in prominent opposite effect. The net impact of entry on an existing entity depends on the academic journals. Recent examples are highlighted below. subtle interplay of greater value and more competing alternatives. MacDonald and Ryall provide a complete description of ANNE MARIE KNOTT how and why entry might destroy a Professors Recognized Federal Reserve Bank of Richmond, Va., means of motivation only if nonviability risk Associate Professor of Strategy firm’s profitability, or create profit where for Research that discusses the Bayesian estimation of is substantial, as in financially distressed it did not exist pre-entry, or even have arbitrage-free models of the yield curve. firms or startups. Options dominate stocks In her paper “R&D/Returns Causality: no impact on profits. The work has Advances Business The authors emphasize the following for other firms, where every stock-based Absorptive Capacity or Organizational many implications for firm strategy. aspects in their development: the use of compensation package can be replaced with IQ,” Knott provides an explanation for why Jackson Nickerson, Frahm Family a priori on the parameters of the model, an option-based package that is less costly some firms innovate while others imitate. Professor of Organization and Strategy, which implies an upward-sloping yield and provides better effort incentives — The most common explanation is that and Todd Zenger, Robert and Barbara curve; the use of a square root filter for regardless of the existing portfolio held by there are scale economies to research Frick Professor of Business Strategy, calculating the likelihood function; and the the manager. Consistent with their theory, and development (i.e., having more are the first recipients of The Olin Award: WILLIAM BOTTOM use of a tailored Markov chain Monte empirical examination shows that the likeli- knowledge makes firms more efficient Recognizing Research that Transforms Joyce and Howard Wood Distinguished Carlo (MCMC) method for sampling the hood of bankruptcy correlates with more at generating new knowledge). Knott Business. They share a $10,000 honorarium. Professor of Organizational Behavior posterior distribution that is based on the use of restricted stock in CEO compensa- proposes a more fundamental difference: output of a suitably formulated version tion packages. Firms differ in their Innovation Quotient Richard Mahoney, Olin executive in “Relational Accounting and Social Motives of simulated annealing. They also discuss (IQ). With the same inputs and scale, a residence and former chairman and in Negotiation and Exchange,” a paper the performance of these models in multi- firm with a high IQ will produce more YING XIE CEO of Monsanto, initiated the award Bottom co-authored with Olin doctoral step, out-of-sample predictions of the innovations than others. She developed Assistant Professor of Marketing to promote scholarly research that has students Peter Boumgarden and Alexandra yield curve. an IQ construct that controls for scale, timely practical applications for complex Mislin, presents a behavioral theory of then measured IQ for all U.S. public firms “The Role of Targeted Marketing and management problems. negotiation. The authors first examine the engaged in R&D. Knott found high-IQ Contagion in Product Adoption,” a social and emotional aspects of intuitive firms tend to rely almost exclusively on paper Ying co-authored with Puneet Olin faculty members submitted 30 mental accounting. Building on a model their own R&D and aren’t very good at Manchanda, University of Michigan, and papers for consideration. These papers of this long-term memory system, their making use of rival knowledge. In contrast, Nara Youn, University of Washington, were judged by 10 national business theory explains distributive and integrative low-IQ firms compensate for limited inno- examines the impact of targeted executives and educators, who selected aspects of negotiation behavior, as well RONALD KING vation capability by developing superior marketing communication and social Nickerson and Zenger’s “Envy, Comparison as the development of long-term relation- Senior Associate Dean and Myron imitation capability. This finding suggests contagion on new-product adoption at Costs and the Economic Theory of the ships and the escalation of commitment. Northrop Professor of Accounting that increasing scale doesn’t increase the individual customer level in the Firm” as the winner. Their paper will be Predictions derived from the theory are R&D capability; rather, high IQ creates context of the pharmaceutical industry. published in an upcoming issue of the being tested in a series of studies. OHAD KADAN “Product Market Competition and the incentives to increase scale. Their results from the Manhattan market Strategic Management Journal. Associate Professor of Finance Demand for Monitoring,” a paper King indicate contagion, the behavior of other co-authored with Sudarshan Jayaraman, individuals in a person’s social network, Zenger and Nickerson propose employees’ “Stocks or Options? Moral Hazard, Firm assistant professor of accounting, exam- drives new-product adoption from the perceptions of inequity in the allocation of Viability and the Design of Compensation ines how the level of competition in the fourth month on, even when accounting rewards exact a price on organizations — Contracts,” a paper Kadan co-authored with product market affects the amount of for targeted marketing and other which they call comparison costs Jeroen Swinkels, August A. Busch, Jr. monitoring that shareholders demand. correlating effects. However, targeted (because co-workers compare Distinguished Professor of Managerial The theoretical literature has divergent marketing plays a large role in affecting earnings and status). Their Economics and Strategy, states that recent predictions: Some theories propose early adoption. research examines how scandals related to executive compensation competition reduces the demand for executives design and have spurred a debate on whether executive costly monitoring. Others posit that structure their firms to SIDDHARTHA CHIB stock options improve firm value. Many greater competition increases agency GLENN MACDONALD manage these costs. Harry C. Hartkopf Professor of firms now use restricted stock instead of conflicts by reducing the marginal benefit John M. Olin Distinguished Professor Econometrics and Statistics options to compensate their executives. The of effort. The authors’ empirical analysis of Economics and Strategy The professors were authors consider the choice between stocks shows that when shareholders can effec- honored at the April 2008 “A New Analysis of Multi-Factor Affine and options to provide effort incentives to tively benchmark managers’ performance “Do New Competitors, New Customers, Distinguished Alumni Yield Curve Models,” a paper Chib risk-averse managers. Employing an agency against their competitors’, greater compe- New Suppliers … Sustain, Destroy or Awards presentation at co-authored with Bakhodir Ergashev, model, they show stocks can dominate as a tition is associated with lower audit fees. Create Profitability?” That question is The Ritz-Carlton, St. Louis.

6 OlinBusiness // 2008 2008 // OlinBusiness 7 FACULTY RESEARCH & NEWS

However, product market competition is the subject of a paper MacDonald co- associated with higher audit fees when authored with Michael Ryall, University performance benchmarking is ineffective. of Melbourne. The researchers find that Olin Business School is defined by the research-driven These results support both sets of compet- a new player — an entrant joining an ing theories and offer a way to reconcile existing economic activity, e.g., an mind-set of its faculty, whose leading-edge scholarship the conflicting theoretical predictions. industry, generally allows more value to be created, but also generates new oppor- tunities for the existing players. Greater advances business theory and practice. Our professors’ value creation typically allows a player to appropriate more value, but the emergence of new alternatives has the work is frequently published and widely cited in prominent opposite effect. The net impact of entry on an existing entity depends on the academic journals. Recent examples are highlighted below. subtle interplay of greater value and more competing alternatives. MacDonald and Ryall provide a complete description of ANNE MARIE KNOTT how and why entry might destroy a Professors Recognized Federal Reserve Bank of Richmond, Va., means of motivation only if nonviability risk Associate Professor of Strategy firm’s profitability, or create profit where for Research that discusses the Bayesian estimation of is substantial, as in financially distressed it did not exist pre-entry, or even have arbitrage-free models of the yield curve. firms or startups. Options dominate stocks In her paper “R&D/Returns Causality: no impact on profits. The work has Advances Business The authors emphasize the following for other firms, where every stock-based Absorptive Capacity or Organizational many implications for firm strategy. aspects in their development: the use of compensation package can be replaced with IQ,” Knott provides an explanation for why Jackson Nickerson, Frahm Family a priori on the parameters of the model, an option-based package that is less costly some firms innovate while others imitate. Professor of Organization and Strategy, which implies an upward-sloping yield and provides better effort incentives — The most common explanation is that and Todd Zenger, Robert and Barbara curve; the use of a square root filter for regardless of the existing portfolio held by there are scale economies to research Frick Professor of Business Strategy, calculating the likelihood function; and the the manager. Consistent with their theory, and development (i.e., having more are the first recipients of The Olin Award: WILLIAM BOTTOM use of a tailored Markov chain Monte empirical examination shows that the likeli- knowledge makes firms more efficient Recognizing Research that Transforms Joyce and Howard Wood Distinguished Carlo (MCMC) method for sampling the hood of bankruptcy correlates with more at generating new knowledge). Knott Business. They share a $10,000 honorarium. Professor of Organizational Behavior posterior distribution that is based on the use of restricted stock in CEO compensa- proposes a more fundamental difference: output of a suitably formulated version tion packages. Firms differ in their Innovation Quotient Richard Mahoney, Olin executive in “Relational Accounting and Social Motives of simulated annealing. They also discuss (IQ). With the same inputs and scale, a residence and former chairman and in Negotiation and Exchange,” a paper the performance of these models in multi- firm with a high IQ will produce more YING XIE CEO of Monsanto, initiated the award Bottom co-authored with Olin doctoral step, out-of-sample predictions of the innovations than others. She developed Assistant Professor of Marketing to promote scholarly research that has students Peter Boumgarden and Alexandra yield curve. an IQ construct that controls for scale, timely practical applications for complex Mislin, presents a behavioral theory of then measured IQ for all U.S. public firms “The Role of Targeted Marketing and management problems. negotiation. The authors first examine the engaged in R&D. Knott found high-IQ Contagion in Product Adoption,” a social and emotional aspects of intuitive firms tend to rely almost exclusively on paper Ying co-authored with Puneet Olin faculty members submitted 30 mental accounting. Building on a model their own R&D and aren’t very good at Manchanda, University of Michigan, and papers for consideration. These papers of this long-term memory system, their making use of rival knowledge. In contrast, Nara Youn, University of Washington, were judged by 10 national business theory explains distributive and integrative low-IQ firms compensate for limited inno- examines the impact of targeted executives and educators, who selected aspects of negotiation behavior, as well RONALD KING vation capability by developing superior marketing communication and social Nickerson and Zenger’s “Envy, Comparison as the development of long-term relation- Senior Associate Dean and Myron imitation capability. This finding suggests contagion on new-product adoption at Costs and the Economic Theory of the ships and the escalation of commitment. Northrop Professor of Accounting that increasing scale doesn’t increase the individual customer level in the Firm” as the winner. Their paper will be Predictions derived from the theory are R&D capability; rather, high IQ creates context of the pharmaceutical industry. published in an upcoming issue of the being tested in a series of studies. OHAD KADAN “Product Market Competition and the incentives to increase scale. Their results from the Manhattan market Strategic Management Journal. Associate Professor of Finance Demand for Monitoring,” a paper King indicate contagion, the behavior of other co-authored with Sudarshan Jayaraman, individuals in a person’s social network, Zenger and Nickerson propose employees’ “Stocks or Options? Moral Hazard, Firm assistant professor of accounting, exam- drives new-product adoption from the perceptions of inequity in the allocation of Viability and the Design of Compensation ines how the level of competition in the fourth month on, even when accounting rewards exact a price on organizations — Contracts,” a paper Kadan co-authored with product market affects the amount of for targeted marketing and other which they call comparison costs Jeroen Swinkels, August A. Busch, Jr. monitoring that shareholders demand. correlating effects. However, targeted (because co-workers compare Distinguished Professor of Managerial The theoretical literature has divergent marketing plays a large role in affecting earnings and status). Their Economics and Strategy, states that recent predictions: Some theories propose early adoption. research examines how scandals related to executive compensation competition reduces the demand for executives design and have spurred a debate on whether executive costly monitoring. Others posit that structure their firms to SIDDHARTHA CHIB stock options improve firm value. Many greater competition increases agency GLENN MACDONALD manage these costs. Harry C. Hartkopf Professor of firms now use restricted stock instead of conflicts by reducing the marginal benefit John M. Olin Distinguished Professor Econometrics and Statistics options to compensate their executives. The of effort. The authors’ empirical analysis of Economics and Strategy The professors were authors consider the choice between stocks shows that when shareholders can effec- honored at the April 2008 “A New Analysis of Multi-Factor Affine and options to provide effort incentives to tively benchmark managers’ performance “Do New Competitors, New Customers, Distinguished Alumni Yield Curve Models,” a paper Chib risk-averse managers. Employing an agency against their competitors’, greater compe- New Suppliers … Sustain, Destroy or Awards presentation at co-authored with Bakhodir Ergashev, model, they show stocks can dominate as a tition is associated with lower audit fees. Create Profitability?” That question is The Ritz-Carlton, St. Louis.

6 OlinBusiness // 2008 2008 // OlinBusiness 7 FACULTY RESEARCH & NEWS

Olin Creates New Olin Welcomes 20 New Faculty Members Faculty Position

As part of its long-range Northrop Professor of received promotions or THE FIVE FACULTY PROMOTED TO FULL PROFESSOR ARE: Tava Olsen, professor of operations and plan, Olin is undertaking a Accounting. King, who over- tenure,” King says. The Yossi Aviv, Professor of Operations and Manufacturing Management; Kurt Dirks, Professor of manufacturing management, has been significant effort to build sees the recruiting process, newcomers bring the size Organizational Behavior; Richard Frankel, Professor of Accounting; Todd Milbourn, Professor named Olin’s first faculty development faculty during the next says the broad-based hires of the faculty to 30 tenured of Finance; and Tava Olsen, Professor of Operations and Manufacturing Management. chair. The position is an outgrowth of the several years. The school is cover all seven of the busi- professors, 30 tenure-track business school’s long-range strategic off to a good start. ness school’s academic professors and about 30 full- THE FOUR FACULTY RECEIVING TENURE ARE: plan to attract, develop and retain excep- disciplines. Eighteen of the time-equivalent adjuncts. tional faculty members who embody the Twenty new faculty members 20 faculty members were diversity inherent in the business world. have joined the Olin commu- in place for the beginning of Please join us in welcoming nity, “a historical high for the 2008-09 academic year. these exceptional new In her role, Olsen will work in close collab- hiring in one year,” according faculty members. oration with the senior associate dean to Ronald King, senior “This follows a remarkable of faculty to support the faculty mentor- associate dean and Myron year when individuals at Olin ing program and solicit feedback on ways Nicholas Argyres Hillary Anger Elfenbein Ohad Kadan Anne Marie Knott to improve it; identify areas in which Professor of Strategy Associate Professor Associate Professor Associate Professor faculty may need guidance or resources Panos Kouvelis NEW OLIN FACULTY of Organizational Behavior of Finance of Strategy to enhance their development; encourage collaboration and institutional support AMITAY ALTER GAURI BHAT University of Toronto University of Iowa CHAD LARSON Research interests: among faculty and other Olin constituents; Reid Awards Honor Assistant Professor Assistant Professor Research interests: Research interests: Assistant Professor entrepreneurship, industry and identify ways to promote a diverse and of Economics of Accounting asset pricing, corporate management accounting, of Accounting evolution, behavioral eco- inclusive environment among the faculty. Inspired Teaching PhD, economics, 2008 PhD, accounting, 2008, financing decisions performance measurement, PhD, accounting, 2008, nomics, corporate strategy, (expected), Stanford University of Toronto Previous experience: assistant incentives, control systems, University of Michigan economic development “Teachers teach because they care,” University Research interests: financial professor, Michigan State balanced scorecard Research interests: said American education reformer ALVIN MURPHY Research interests: reporting, disclosure, University; import and export accounting fraud, Horace Mann. Each year, Olin students CLIFFORD HOLEKAMP Assistant Professor industrial organization, corporate governance, business in China; commodity institutional investors, have the opportunity to show they care Lecturer in Entrepreneurship of Economics applied microeconomics, international accounting, futures market trader fundamental analysis about excellent teaching by selecting MBA, 2001, Washington PhD, economics, 2008, organizational economics fair-value accounting faculty members they believe best HILLARY ANGER University in St. Louis ANNA LEVINE Duke University demonstrate innovation, enthusiasm NICHOLAS ARGYRES KELLY BISHOP ELFENBEIN Research interest: Assistant Professor Research interests: and inspiration in the classroom — and Professor of Strategy Assistant Professor Associate Professor of entrepreneurship of Economics public economics, honoring these instructors with Reid PhD, economics, 1993, of Economics Organizational Behavior Previous experience: sales PhD, economics, 2008 industrial organization, Teaching Awards. University of California, PhD, economics, 2008, PhD, organizational behavior, executive, IBM; founder, (expected), Stanford urban economics, Berkeley Duke University 2001, Harvard University Foot Healers University applied econometrics Research interests: The awardees for the ‘07-‘08 academic Research interests: organiza- Research interests: environ- Research interest: workplace ISAAC KLESHCHELSKI SHERIF NASSER industrial organization, year are Sergio Chayet, assistant tional strategy, organizational mental economics, public emotions Assistant Professor of Finance Assistant Professor applied microeconomics, Tat Chan professor of operations and manufac- boundaries, contracting and economics, labor economics, Previous experience: associate PhD, finance, 2008, of Marketing health economics turing management; Samuel Chun, interorganizational applied econometrics professor, University of Northwestern University PhD, marketing, 2008, lecturer in marketing; Barton Hamilton, relationships, internal California, Berkeley; SHARON MCMILLEN Research interests: asset SELIN MALKOC New York University Robert Brookings Smith Distinguished organization structure, consultant, Monitor CANNON pricing, macroeconomics, Assistant Professor Research interests: media Olin Introduces Professor of Entrepreneurship; Ronald technology and organization, Lecturer of Management JOSEPH GOODMAN international finance of Marketing management, game theory, King, senior associate dean and Myron organizational dissent New PhD Course Communication, Director of Assistant Professor PhD, marketing, 2006, advertising, social networks, Northrop Professor of Accounting; Previous experience: associate LEE KONCZAK the Olin Management of Marketing University of North Carolina competitive strategies Panos Kouvelis, Emerson Distinguished professor, Boston University; Lecturer in Organizational “Empirical Methods in Business” is Communication Lab PhD, marketing, 2007, at Chapel Hill Professor of Operations and assistant professor, University Behavior and Leadership DANKO TURCIC designed for Olin PhD students in all PhD, counselor education, University of Texas at Austin Research interests: consumer Manufacturing Management; Lubomir of Southern California Development Assistant Professor of functional areas. The course focuses on 2004, North Carolina Research interests: consumer behavior, behavioral decision Litov, assistant professor of finance; PhD, industrial/ Operations Manufacturing critical applied-research skills: how to use EYAL BEIGMAN State University behavior and decision making, intertemporal Martin Sneider, adjunct professor of organizational psychology, Management data to address research questions and Visiting Professor Research interests: gender making, consumer happiness, preferences marketing; Jeroen Swinkels, August A. 1991, University of PhD, operations research, build econometric models that can be of Economics communication, job-search product assortment and vari- Previous experience: assistant Busch, Jr. Distinguished Professor of Missouri-St.Louis 2008, Case Western applied to data. It also teaches students PhD, mathematics, 2005, communication ety, consumer superstitions professor of marketing, Managerial Economics and Strategy; Research interests: leadership Reserve University how to use statistical software packages Hebrew University Previous experience: lecturer and illusion of control University of Minnesota and Tzachi Zach, assistant professor development, employee Research interests: interface to estimate econometric models and Research interests: and director of Business Previous experience: assistant of accounting. In addition, Stuart engagement, personality ROMEL MOSTAFA of operations management covers fundamental econometric topics. game theory, political Communication Center, professor of marketing, Bunderson, associate professor of predictors of performance Visiting Assistant Professor with finance, supply chain economics, economic University of North Carolina University of South Carolina organizational behavior, and Mahendra Previous experience: director of Strategy management, applied “The course is excellent preparation for history, social choice at Chapel Hill Gupta, dean and Geraldine J. and Robert RONALD GUYMON of executive development, PhD, strategy, entrepreneur- game theory doctoral students’ dissertation research — Previous experience: L. Virgil Professor of Accounting and LONG CHEN Visiting Assistant Professor Anheuser-Busch; consultant; ship and technological as well as their future research collabora- postdoctoral fellow, Management, received a Reid Teaching Assistant Professor of Finance of Accounting Missouri Department of change, 2008 (expected), tion with faculty,” says Tat Chan, associate Northwestern University Award in December 2007. PhD, finance, 2001, PhD, accounting, 2008, Mental Health Carnegie Mellon University professor of marketing.

8 OlinBusiness // 2008 2008 // OlinBusiness 9 FACULTY RESEARCH & NEWS

Olin Creates New Olin Welcomes 20 New Faculty Members Faculty Position

As part of its long-range Northrop Professor of received promotions or THE FIVE FACULTY PROMOTED TO FULL PROFESSOR ARE: Tava Olsen, professor of operations and plan, Olin is undertaking a Accounting. King, who over- tenure,” King says. The Yossi Aviv, Professor of Operations and Manufacturing Management; Kurt Dirks, Professor of manufacturing management, has been significant effort to build sees the recruiting process, newcomers bring the size Organizational Behavior; Richard Frankel, Professor of Accounting; Todd Milbourn, Professor named Olin’s first faculty development faculty during the next says the broad-based hires of the faculty to 30 tenured of Finance; and Tava Olsen, Professor of Operations and Manufacturing Management. chair. The position is an outgrowth of the several years. The school is cover all seven of the busi- professors, 30 tenure-track business school’s long-range strategic off to a good start. ness school’s academic professors and about 30 full- THE FOUR FACULTY RECEIVING TENURE ARE: plan to attract, develop and retain excep- disciplines. Eighteen of the time-equivalent adjuncts. tional faculty members who embody the Twenty new faculty members 20 faculty members were diversity inherent in the business world. have joined the Olin commu- in place for the beginning of Please join us in welcoming nity, “a historical high for the 2008-09 academic year. these exceptional new In her role, Olsen will work in close collab- hiring in one year,” according faculty members. oration with the senior associate dean to Ronald King, senior “This follows a remarkable of faculty to support the faculty mentor- associate dean and Myron year when individuals at Olin ing program and solicit feedback on ways Nicholas Argyres Hillary Anger Elfenbein Ohad Kadan Anne Marie Knott to improve it; identify areas in which Professor of Strategy Associate Professor Associate Professor Associate Professor faculty may need guidance or resources Panos Kouvelis NEW OLIN FACULTY of Organizational Behavior of Finance of Strategy to enhance their development; encourage collaboration and institutional support AMITAY ALTER GAURI BHAT University of Toronto University of Iowa CHAD LARSON Research interests: among faculty and other Olin constituents; Reid Awards Honor Assistant Professor Assistant Professor Research interests: Research interests: Assistant Professor entrepreneurship, industry and identify ways to promote a diverse and of Economics of Accounting asset pricing, corporate management accounting, of Accounting evolution, behavioral eco- inclusive environment among the faculty. Inspired Teaching PhD, economics, 2008 PhD, accounting, 2008, financing decisions performance measurement, PhD, accounting, 2008, nomics, corporate strategy, (expected), Stanford University of Toronto Previous experience: assistant incentives, control systems, University of Michigan economic development “Teachers teach because they care,” University Research interests: financial professor, Michigan State balanced scorecard Research interests: said American education reformer ALVIN MURPHY Research interests: reporting, disclosure, University; import and export accounting fraud, Horace Mann. Each year, Olin students CLIFFORD HOLEKAMP Assistant Professor industrial organization, corporate governance, business in China; commodity institutional investors, have the opportunity to show they care Lecturer in Entrepreneurship of Economics applied microeconomics, international accounting, futures market trader fundamental analysis about excellent teaching by selecting MBA, 2001, Washington PhD, economics, 2008, organizational economics fair-value accounting faculty members they believe best HILLARY ANGER University in St. Louis ANNA LEVINE Duke University demonstrate innovation, enthusiasm NICHOLAS ARGYRES KELLY BISHOP ELFENBEIN Research interest: Assistant Professor Research interests: and inspiration in the classroom — and Professor of Strategy Assistant Professor Associate Professor of entrepreneurship of Economics public economics, honoring these instructors with Reid PhD, economics, 1993, of Economics Organizational Behavior Previous experience: sales PhD, economics, 2008 industrial organization, Teaching Awards. University of California, PhD, economics, 2008, PhD, organizational behavior, executive, IBM; founder, (expected), Stanford urban economics, Berkeley Duke University 2001, Harvard University Foot Healers University applied econometrics Research interests: The awardees for the ‘07-‘08 academic Research interests: organiza- Research interests: environ- Research interest: workplace ISAAC KLESHCHELSKI SHERIF NASSER industrial organization, year are Sergio Chayet, assistant tional strategy, organizational mental economics, public emotions Assistant Professor of Finance Assistant Professor applied microeconomics, Tat Chan professor of operations and manufac- boundaries, contracting and economics, labor economics, Previous experience: associate PhD, finance, 2008, of Marketing health economics turing management; Samuel Chun, interorganizational applied econometrics professor, University of Northwestern University PhD, marketing, 2008, lecturer in marketing; Barton Hamilton, relationships, internal California, Berkeley; SHARON MCMILLEN Research interests: asset SELIN MALKOC New York University Robert Brookings Smith Distinguished organization structure, consultant, Monitor CANNON pricing, macroeconomics, Assistant Professor Research interests: media Olin Introduces Professor of Entrepreneurship; Ronald technology and organization, Lecturer of Management JOSEPH GOODMAN international finance of Marketing management, game theory, King, senior associate dean and Myron organizational dissent New PhD Course Communication, Director of Assistant Professor PhD, marketing, 2006, advertising, social networks, Northrop Professor of Accounting; Previous experience: associate LEE KONCZAK the Olin Management of Marketing University of North Carolina competitive strategies Panos Kouvelis, Emerson Distinguished professor, Boston University; Lecturer in Organizational “Empirical Methods in Business” is Communication Lab PhD, marketing, 2007, at Chapel Hill Professor of Operations and assistant professor, University Behavior and Leadership DANKO TURCIC designed for Olin PhD students in all PhD, counselor education, University of Texas at Austin Research interests: consumer Manufacturing Management; Lubomir of Southern California Development Assistant Professor of functional areas. The course focuses on 2004, North Carolina Research interests: consumer behavior, behavioral decision Litov, assistant professor of finance; PhD, industrial/ Operations Manufacturing critical applied-research skills: how to use EYAL BEIGMAN State University behavior and decision making, intertemporal Martin Sneider, adjunct professor of organizational psychology, Management data to address research questions and Visiting Professor Research interests: gender making, consumer happiness, preferences marketing; Jeroen Swinkels, August A. 1991, University of PhD, operations research, build econometric models that can be of Economics communication, job-search product assortment and vari- Previous experience: assistant Busch, Jr. Distinguished Professor of Missouri-St.Louis 2008, Case Western applied to data. It also teaches students PhD, mathematics, 2005, communication ety, consumer superstitions professor of marketing, Managerial Economics and Strategy; Research interests: leadership Reserve University how to use statistical software packages Hebrew University Previous experience: lecturer and illusion of control University of Minnesota and Tzachi Zach, assistant professor development, employee Research interests: interface to estimate econometric models and Research interests: and director of Business Previous experience: assistant of accounting. In addition, Stuart engagement, personality ROMEL MOSTAFA of operations management covers fundamental econometric topics. game theory, political Communication Center, professor of marketing, Bunderson, associate professor of predictors of performance Visiting Assistant Professor with finance, supply chain economics, economic University of North Carolina University of South Carolina organizational behavior, and Mahendra Previous experience: director of Strategy management, applied “The course is excellent preparation for history, social choice at Chapel Hill Gupta, dean and Geraldine J. and Robert RONALD GUYMON of executive development, PhD, strategy, entrepreneur- game theory doctoral students’ dissertation research — Previous experience: L. Virgil Professor of Accounting and LONG CHEN Visiting Assistant Professor Anheuser-Busch; consultant; ship and technological as well as their future research collabora- postdoctoral fellow, Management, received a Reid Teaching Assistant Professor of Finance of Accounting Missouri Department of change, 2008 (expected), tion with faculty,” says Tat Chan, associate Northwestern University Award in December 2007. PhD, finance, 2001, PhD, accounting, 2008, Mental Health Carnegie Mellon University professor of marketing.

8 OlinBusiness // 2008 2008 // OlinBusiness 9 THE TRANSFORMATIVE POWER OF CRITICAL THINKING

As context, think of events that have made headlines this year — and how many were caused by bad decisions. The subprime mortgage crisis immediately comes to mind. But faulty judgment affects everything from business to government to sports and entertainment, with fallout that ranges from embarrassing to catastrophic.

“There’s a need for more leaders and managers who can make Three factors contribute to Olin’s strength in critical thinking: critically informed choices, especially in a complex, global its world-class faculty, size and unwavering commitment to marketplace,” says Mahendra Gupta, dean and Geraldine J. intellectual rigor. and Robert L. Virgil Professor of Accounting and Management. “Effective decision making requires a broad-based, systematic “As a top research institution, Olin has a long-standing tradition approach to problem solving that provides a framework for of scholarship,” Gupta says. “The critical-thinking mind-set sound reasoning and conclusions.” flourishes here. So, it’s natural we extend it to our students, alumni and corporate partners. And because we’re relatively Olin Business School’s mission is to create knowledge … inspire small, we can deliver an up-close, intimate learning experience individuals … transform business. Gupta says critical thinking is that bridges academic content, research and business objectives. one of the catalysts that put the school’s guiding principle in motion.

10 OlinBusiness // 2008 2008 // OlinBusiness 11 THE TRANSFORMATIVE POWER OF CRITICAL THINKING

As context, think of events that have made headlines this year — and how many were caused by bad decisions. The subprime mortgage crisis immediately comes to mind. But faulty judgment affects everything from business to government to sports and entertainment, with fallout that ranges from embarrassing to catastrophic.

“There’s a need for more leaders and managers who can make Three factors contribute to Olin’s strength in critical thinking: critically informed choices, especially in a complex, global its world-class faculty, size and unwavering commitment to marketplace,” says Mahendra Gupta, dean and Geraldine J. intellectual rigor. and Robert L. Virgil Professor of Accounting and Management. “Effective decision making requires a broad-based, systematic “As a top research institution, Olin has a long-standing tradition approach to problem solving that provides a framework for of scholarship,” Gupta says. “The critical-thinking mind-set sound reasoning and conclusions.” flourishes here. So, it’s natural we extend it to our students, alumni and corporate partners. And because we’re relatively Olin Business School’s mission is to create knowledge … inspire small, we can deliver an up-close, intimate learning experience individuals … transform business. Gupta says critical thinking is that bridges academic content, research and business objectives. one of the catalysts that put the school’s guiding principle in motion.

10 OlinBusiness // 2008 2008 // OlinBusiness 11 “It’s like the Chinese proverb: ‘Give a man a fish and he will eat for a day. Teach a man to fish and he will eat for the rest of his life.’ Well, fill a student with facts and the facts may drift away. Empower Jackson Nickerson Raymond Sparrowe Tava Olsen Ronald King a student to be a good thinker and you profoundly change his WHAT IMPACT DOES IT HAVE ON BUSINESS? HOW DOES THE ABILITY TO THINK CRITICALLY This type of misguided thinking is both prescriptive and descriptive tools as Nickerson: In the fast-paced, highly BENEFIT OLIN STUDENTS? students’ biggest downfall in interviews. well as both visual and verbal guides. competitive world of business, there can King: It’s like the Chinese proverb: “Give or her personal and professional be more focus on getting things done than a man a fish and he will eat for a day. Sparrowe: Jackson’s right. Rather than Nickerson: The Foundation for Critical on thinking critically about what to do. It’s Teach a man to fish and he will eat for blurting out a fast answer, an interviewee Thinking, based in Dillon Beach, Calif., human nature to make assumptions and the rest of his life.” Well, fill a student should say: “Here’s how I would approach has identified eight elements central to development.” jump to conclusions — sometimes before with facts and the facts may drift away. a problem like this, and I’m making the effective decision making. In shorthand, the right problem even is identified — a Empower a student to be a good thinker following assumptions. If A is true, I’d do they’re: point of view, purpose, problem, Ronald King, senior associate dean and Myron Northrop Professor of Accounting dynamic that’s especially true of teams. and you profoundly change his or her this. However, if B is true, I’d do this. Can information, concepts, assumptions, con- Consequently, we waste resources trying personal and professional development. you tell me if A or B is true?” clusions and consequences. Combinations to solve the wrong problem. For instance, of these elements are used to frame ques- a new product falls flat and the marketing Sparrowe: Simply stated, enhanced WHAT IMPACT DOES CRITICAL THINKING HAVE tions that target appropriate problems “We will continue to invest in this DEFINE CRITICAL THINKING. group assumes the price point is too high, critical thinking generates outcomes that ON STUDENTS’ APPLIED-LEARNING SKILLS? and lead to solutions. endeavor, incorporating critical thinking Nickerson: I prefer to describe critical when actually it may be the wrong offer- enable students to perform better in Sparrowe: Critical thinking fits Olin’s into all that we do and ensuring no thinking at Olin, which entails elements ing for consumers in the specific market. the workplace. Integrative Case Experiences (ICE) like Our approach is unique because it incor- student graduates from our school and processes of thinking that lead to a glove. ICE Week (a four-day business porates knowledge from the learning without a really good grasp of problem- formulating better questions, accessing Innate biases also can affect decision Nickerson: And perform better in job case competition for first-year MBAs) is sciences and because we’ve built self- solving skills,” he adds. appropriate information, figuring out making. To solve problems effectively, interviews. I created this scenario to the embodiment of critical thinking under and peer-assessment tools into the what’s relevant and what’s not, developing people must be trained to recognize the illustrate my point. A student, let’s call pressure. We saw a significant improve- process. In addition, we’re developing OlinBusiness Magazine sat down with well-reasoned solutions, and communicat- potential limitations of their own points him Lee, has an interview with a presti- ment in the overall quality of this year’s database models to measure outcomes. faculty members — and critical-thinking ing those solutions effectively. The of view and factor in the perceptions gious firm. The interviewer presents him presentations, which I believe came from foot soldiers — Ronald King, senior asso- implications are far-reaching and can of others. with an unstructured business issue, the teaching students the critical-thinking Sparrowe: I’d be interested to capture ciate dean and Myron Northrop Professor be applied to any discipline. implementation of a company innovation, framework. Company executives in the data that tells us if a student’s grade in of Accounting; Jackson Nickerson, Frahm The more time managers spend up front and asks for his recommendations. Within audience commented on the quality a critical-thinking course predicts how Family Professor of Organization and Olsen: Wikipedia captures it perfectly: thinking critically, the more likely they are seconds, Lee responds with what he thinks as well. quickly he or she lands an internship or Strategy; Tava Olsen, professor of “Critical thinking consists of mental to provide solutions that create value for is a brilliant plan, drawing on a case study full-time position. operations and manufacturing manage- processes of discernment, analysis and their organizations. Plus, these solutions he had discussed in class. Olin encourages its students to take ment; and Raymond Sparrowe, associate evaluation … reflecting upon a tangible or are faster and easier to implement. advantage of hands-on learning opportu- HOW IS OLIN INFUSING CRITICAL THINKING INTO professor of organizational behavior. intangible item in order to form a solid Lee leaves the interview confident he nities. On the job, I don’t want students ITS PROGRAMS AND CURRICULUMS? judgment that reconciles scientific Sparrowe: The point is business problems landed the job. His rejection letter arrives to pull answers from a box of solutions. King: Currently, we’re in the early Excerpts from the conversation follow. evidence with common sense.” My own are hard, and effective solutions require a few days later. Lee was tripped up by I want them to have a toolbox of skills stages of implementing critical thinking definition of critical thinking is an engaged cross-functional decision making. Roger common thinking impediments. He failed they can use to solve problems. into the MBA Program. In addition, we brain that enables individuals to make Martin has a great book on the subject, to consider alternative ways of analyzing offer critical-thinking executive education data-driven, fact-based decisions — but “The Opposable Mind: How Successful the problem, and he didn’t acknowledge DESCRIBE THE CRITICAL-THINKING PROCESS. seminars in the Olin Partners’ Program. in a way that’s much more holistic than, Leaders Win Through Integrative Thinking.” that different department managers would Olsen: There are many. Olin has developed say, spreadsheet analysis. have different perspectives. its own customized processes. We have

12 OlinBusiness // 2008 2008 // OlinBusiness 13 “It’s like the Chinese proverb: ‘Give a man a fish and he will eat for a day. Teach a man to fish and he will eat for the rest of his life.’ Well, fill a student with facts and the facts may drift away. Empower Jackson Nickerson Raymond Sparrowe Tava Olsen Ronald King a student to be a good thinker and you profoundly change his WHAT IMPACT DOES IT HAVE ON BUSINESS? HOW DOES THE ABILITY TO THINK CRITICALLY This type of misguided thinking is both prescriptive and descriptive tools as Nickerson: In the fast-paced, highly BENEFIT OLIN STUDENTS? students’ biggest downfall in interviews. well as both visual and verbal guides. competitive world of business, there can King: It’s like the Chinese proverb: “Give or her personal and professional be more focus on getting things done than a man a fish and he will eat for a day. Sparrowe: Jackson’s right. Rather than Nickerson: The Foundation for Critical on thinking critically about what to do. It’s Teach a man to fish and he will eat for blurting out a fast answer, an interviewee Thinking, based in Dillon Beach, Calif., human nature to make assumptions and the rest of his life.” Well, fill a student should say: “Here’s how I would approach has identified eight elements central to development.” jump to conclusions — sometimes before with facts and the facts may drift away. a problem like this, and I’m making the effective decision making. In shorthand, the right problem even is identified — a Empower a student to be a good thinker following assumptions. If A is true, I’d do they’re: point of view, purpose, problem, Ronald King, senior associate dean and Myron Northrop Professor of Accounting dynamic that’s especially true of teams. and you profoundly change his or her this. However, if B is true, I’d do this. Can information, concepts, assumptions, con- Consequently, we waste resources trying personal and professional development. you tell me if A or B is true?” clusions and consequences. Combinations to solve the wrong problem. For instance, of these elements are used to frame ques- a new product falls flat and the marketing Sparrowe: Simply stated, enhanced WHAT IMPACT DOES CRITICAL THINKING HAVE tions that target appropriate problems “We will continue to invest in this DEFINE CRITICAL THINKING. group assumes the price point is too high, critical thinking generates outcomes that ON STUDENTS’ APPLIED-LEARNING SKILLS? and lead to solutions. endeavor, incorporating critical thinking Nickerson: I prefer to describe critical when actually it may be the wrong offer- enable students to perform better in Sparrowe: Critical thinking fits Olin’s into all that we do and ensuring no thinking at Olin, which entails elements ing for consumers in the specific market. the workplace. Integrative Case Experiences (ICE) like Our approach is unique because it incor- student graduates from our school and processes of thinking that lead to a glove. ICE Week (a four-day business porates knowledge from the learning without a really good grasp of problem- formulating better questions, accessing Innate biases also can affect decision Nickerson: And perform better in job case competition for first-year MBAs) is sciences and because we’ve built self- solving skills,” he adds. appropriate information, figuring out making. To solve problems effectively, interviews. I created this scenario to the embodiment of critical thinking under and peer-assessment tools into the what’s relevant and what’s not, developing people must be trained to recognize the illustrate my point. A student, let’s call pressure. We saw a significant improve- process. In addition, we’re developing OlinBusiness Magazine sat down with well-reasoned solutions, and communicat- potential limitations of their own points him Lee, has an interview with a presti- ment in the overall quality of this year’s database models to measure outcomes. faculty members — and critical-thinking ing those solutions effectively. The of view and factor in the perceptions gious firm. The interviewer presents him presentations, which I believe came from foot soldiers — Ronald King, senior asso- implications are far-reaching and can of others. with an unstructured business issue, the teaching students the critical-thinking Sparrowe: I’d be interested to capture ciate dean and Myron Northrop Professor be applied to any discipline. implementation of a company innovation, framework. Company executives in the data that tells us if a student’s grade in of Accounting; Jackson Nickerson, Frahm The more time managers spend up front and asks for his recommendations. Within audience commented on the quality a critical-thinking course predicts how Family Professor of Organization and Olsen: Wikipedia captures it perfectly: thinking critically, the more likely they are seconds, Lee responds with what he thinks as well. quickly he or she lands an internship or Strategy; Tava Olsen, professor of “Critical thinking consists of mental to provide solutions that create value for is a brilliant plan, drawing on a case study full-time position. operations and manufacturing manage- processes of discernment, analysis and their organizations. Plus, these solutions he had discussed in class. Olin encourages its students to take ment; and Raymond Sparrowe, associate evaluation … reflecting upon a tangible or are faster and easier to implement. advantage of hands-on learning opportu- HOW IS OLIN INFUSING CRITICAL THINKING INTO professor of organizational behavior. intangible item in order to form a solid Lee leaves the interview confident he nities. On the job, I don’t want students ITS PROGRAMS AND CURRICULUMS? judgment that reconciles scientific Sparrowe: The point is business problems landed the job. His rejection letter arrives to pull answers from a box of solutions. King: Currently, we’re in the early Excerpts from the conversation follow. evidence with common sense.” My own are hard, and effective solutions require a few days later. Lee was tripped up by I want them to have a toolbox of skills stages of implementing critical thinking definition of critical thinking is an engaged cross-functional decision making. Roger common thinking impediments. He failed they can use to solve problems. into the MBA Program. In addition, we brain that enables individuals to make Martin has a great book on the subject, to consider alternative ways of analyzing offer critical-thinking executive education data-driven, fact-based decisions — but “The Opposable Mind: How Successful the problem, and he didn’t acknowledge DESCRIBE THE CRITICAL-THINKING PROCESS. seminars in the Olin Partners’ Program. in a way that’s much more holistic than, Leaders Win Through Integrative Thinking.” that different department managers would Olsen: There are many. Olin has developed say, spreadsheet analysis. have different perspectives. its own customized processes. We have

12 OlinBusiness // 2008 2008 // OlinBusiness 13 Critical Thinking in Action

Nickerson: Tava and I developed the But let me add that Olin professors are new core course, “Critical Thinking for known for their intellectual inquiry; critical Leaders,” which is part of incoming MBAs’ thinking is something they engage in GO! Program. We also created a new every day. MBA elective, “Critical Thinking Processes and Modeling for Effective Decision DO OTHER BUSINESS SCHOOLS HAVE Making,” which teaches students how to SIMILAR INITIATIVES? apply problem-solving skills during their Nickerson: Only a few schools are trying summer internships. to take critical thinking to this level: Olin Business School, Rotman School of Sparrowe: Keep in mind, all Olin faculty Management at the University of Toronto, LISA LEWIN, BSBA ’96 SANDEEP CHUGANI, MBA ’91 DAVID ADER, BSBA ’06 ANNE COOK, EMBA ’02 JOHN BEUERLEIN, MBA ’77 will incorporate critical-thinking principles and perhaps Stanford University’s Founder and President Partner and Managing Director Strategy Analyst General Manager General Partner and practices into their courses to the Graduate School of Business and Yale mindgate media the boston microsoft pdo/corterra edward jones extent they can. To be clear, we’re not University’s School of Management. New York consulting group San Francisco shell chemicals St. Louis advocating the removal of content- New York Houston centered courses. Critical thinking must IS CRITICAL THINKING A PRIORITY be taught in conjunction with functional WITH EMPLOYERS? “One of the highest compliments Critical thinking is foundational “There will always be a bull “In a matrix organization like John Beuerlein describes critical content and in a manner that leads to Olsen: According to a 2008 employer that can be paid to someone in to the consulting business, says market for people who can think Shell Oil, it’s easy to get lost in thinking as the “exercise of an deeper learning of the content. survey, critical thinking is one of the business is to say he or she has Sandeep Chugani. “It allows us critically,” says David Ader. processes,” Anne Cook admits. intellectual muscle. The stronger top-three capabilities organizations look good judgment,” Lisa Lewin says. to articulate key questions, “Problem solving is the No.1 “Our managers deal with so this muscle gets, the better Olsen: Going forward, Olin’s systematic for in prospective hires. A senior recruiter structure rigorous frameworks, attribute employers look for in many inputs from so many decisions it enables people emphasis on critical thinking will be a told us that employees must be able to After working several years for and synthesize all the necessary prospective candidates and sources, international and to make.” three-legged stool: knowledge, instruction think critically and formulate solutions to a major educational publisher, information and facts needed clients demand from service domestic. The ability to think and application. Students must practice high-priority management challenges. Lewin launched a startup, to answer those questions in providers. And once someone critically enables them to Problem solving is a process critical thinking on a regular basis to be That sentiment is echoed by corporate Mindgate Media, in June of this a clear, logical and insightful internalizes the ability to think examine these inputs and used “to assess a body of good at it. recruiters, alumni and firms across the year. Her company delivers manner. Critical thinking is critically, he or she can transfer develop logical solutions. knowledge that leads to a country. (See the sidebars at right.) digital media-on-demand for what we use to deliver break- the skill to any company new discovery,” he says. “In King: Faculty development and training educators at the postsecondary- through ideas to our clients, and or industry.” “We also rely on critical thinking my opinion, individuals who also are part of our effort to enhance Nickerson: Bottom line, employers want and professional-education levels. it fundamentally differentiates to help us evaluate ideas faster are more open-minded are critical thinking. Nickerson and Olsen to hire people who can not only solve us in the marketplace. It’s Ader says strong critical thinkers — in weeks instead of months. better critical thinkers. They already have conducted workshops — problems but offer superior solutions to “I work in a data-rich environ- essentially what we do.” are curious about the world For example, we recently asked see opportunities where others what the dean calls critical-thinking the right problems and help grow the ment, and the nature of my job around them, skeptical of the for a back-of-the-envelope see obstacles.” boot camps. firm. To accomplish that, employees must is to make sense of complexity. As a result, he says problem- status quo, disciplined in their calculation for a new product make smart business decisions. The ability to think critically solving skills are a top priority work ethic, rigorous in the way we want to launch in India. In Bias can impact the process, enables me to interpret customer in new hires. “Recruiting at they probe issues, logical in their less than a page, the project Beuerlein cautions. “Your own feedback, exploit new market all levels of the firm involves approach to decision making lead analyzed the market and values and beliefs are the inputs opportunities and sidestep case-based interviews that and creative in the solutions the target market, described you juggle, but you have to problems.” test for critical-thinking ability. they offer. the delivery system, outlined weigh them carefully. Anyone Candidates are asked to respond the practicality of the product, who falls in love with his or her How well managers problem- to a real or hypothetical business Critical thinking usually doesn’t and told us how it would own analysis does so at his or solve is a good predictor of situation. We evaluate their lead to an immediate answer capture value.” her peril. * their professional success, she ability to structure the right ques- but to whole new sets of ENHANCE YOUR CRITICAL THINKING believes. “It’s the thousands of tions and develop key hypotheses questions. All information must Cook says she has a critical- “Critical thinking is in demand fyi small decisions that go into through their analysis and synthe- be analyzed before results can thinking reference sheet hanging each and every day at Edward each workday that drive out- sis of the information provided. be synthesized, Ader adds. on a wall near her desk. “I use it Jones,” he continues. “We comes and bring about positive to run through all our functional conduct business in an extremely Designed to help you make informed business choices, this seminar defines — or negative — results. “The benefit of employees who Part of Microsoft’s Online areas to see where problems dynamic environment. The critical thinking and outlines the process for effective problem solving. know how to think critically can’t Strategy and Mergers and may occur and to ensure we’re market changes. The Fed makes Register for the two-part, two-day Olin Partners’ Program executive “Critical thinking is teachable, be overstated,” Chugani adds. Acquisitions Group, Ader says employing best practices.” changes. What was true yester- education seminar: provided the student is exposed “Sophisticated decision-making he relies heavily on his day no longer is true today. Our CRITICAL THINKING: January 8, 2009 & February 11, 2009 to a rigorous curriculum that skills are a prerequisite to critical-thinking skills while people need to make intelligent exercises those skills,” she adds. addressing our clients’ needs.” evaluating business ventures decisions over the long term Visit our Web site at www.olin.wustl.edu/OPP or call 314-935-9494 for information. and product strategies. and avoid the common pitfalls of short-term thinking.”

14 OlinBusiness // 2008 2008 // OlinBusiness 15 Critical Thinking in Action

Nickerson: Tava and I developed the But let me add that Olin professors are new core course, “Critical Thinking for known for their intellectual inquiry; critical Leaders,” which is part of incoming MBAs’ thinking is something they engage in GO! Program. We also created a new every day. MBA elective, “Critical Thinking Processes and Modeling for Effective Decision DO OTHER BUSINESS SCHOOLS HAVE Making,” which teaches students how to SIMILAR INITIATIVES? apply problem-solving skills during their Nickerson: Only a few schools are trying summer internships. to take critical thinking to this level: Olin Business School, Rotman School of Sparrowe: Keep in mind, all Olin faculty Management at the University of Toronto, LISA LEWIN, BSBA ’96 SANDEEP CHUGANI, MBA ’91 DAVID ADER, BSBA ’06 ANNE COOK, EMBA ’02 JOHN BEUERLEIN, MBA ’77 will incorporate critical-thinking principles and perhaps Stanford University’s Founder and President Partner and Managing Director Strategy Analyst General Manager General Partner and practices into their courses to the Graduate School of Business and Yale mindgate media the boston microsoft pdo/corterra edward jones extent they can. To be clear, we’re not University’s School of Management. New York consulting group San Francisco shell chemicals St. Louis advocating the removal of content- New York Houston centered courses. Critical thinking must IS CRITICAL THINKING A PRIORITY be taught in conjunction with functional WITH EMPLOYERS? “One of the highest compliments Critical thinking is foundational “There will always be a bull “In a matrix organization like John Beuerlein describes critical content and in a manner that leads to Olsen: According to a 2008 employer that can be paid to someone in to the consulting business, says market for people who can think Shell Oil, it’s easy to get lost in thinking as the “exercise of an deeper learning of the content. survey, critical thinking is one of the business is to say he or she has Sandeep Chugani. “It allows us critically,” says David Ader. processes,” Anne Cook admits. intellectual muscle. The stronger top-three capabilities organizations look good judgment,” Lisa Lewin says. to articulate key questions, “Problem solving is the No.1 “Our managers deal with so this muscle gets, the better Olsen: Going forward, Olin’s systematic for in prospective hires. A senior recruiter structure rigorous frameworks, attribute employers look for in many inputs from so many decisions it enables people emphasis on critical thinking will be a told us that employees must be able to After working several years for and synthesize all the necessary prospective candidates and sources, international and to make.” three-legged stool: knowledge, instruction think critically and formulate solutions to a major educational publisher, information and facts needed clients demand from service domestic. The ability to think and application. Students must practice high-priority management challenges. Lewin launched a startup, to answer those questions in providers. And once someone critically enables them to Problem solving is a process critical thinking on a regular basis to be That sentiment is echoed by corporate Mindgate Media, in June of this a clear, logical and insightful internalizes the ability to think examine these inputs and used “to assess a body of good at it. recruiters, alumni and firms across the year. Her company delivers manner. Critical thinking is critically, he or she can transfer develop logical solutions. knowledge that leads to a country. (See the sidebars at right.) digital media-on-demand for what we use to deliver break- the skill to any company new discovery,” he says. “In King: Faculty development and training educators at the postsecondary- through ideas to our clients, and or industry.” “We also rely on critical thinking my opinion, individuals who also are part of our effort to enhance Nickerson: Bottom line, employers want and professional-education levels. it fundamentally differentiates to help us evaluate ideas faster are more open-minded are critical thinking. Nickerson and Olsen to hire people who can not only solve us in the marketplace. It’s Ader says strong critical thinkers — in weeks instead of months. better critical thinkers. They already have conducted workshops — problems but offer superior solutions to “I work in a data-rich environ- essentially what we do.” are curious about the world For example, we recently asked see opportunities where others what the dean calls critical-thinking the right problems and help grow the ment, and the nature of my job around them, skeptical of the for a back-of-the-envelope see obstacles.” boot camps. firm. To accomplish that, employees must is to make sense of complexity. As a result, he says problem- status quo, disciplined in their calculation for a new product make smart business decisions. The ability to think critically solving skills are a top priority work ethic, rigorous in the way we want to launch in India. In Bias can impact the process, enables me to interpret customer in new hires. “Recruiting at they probe issues, logical in their less than a page, the project Beuerlein cautions. “Your own feedback, exploit new market all levels of the firm involves approach to decision making lead analyzed the market and values and beliefs are the inputs opportunities and sidestep case-based interviews that and creative in the solutions the target market, described you juggle, but you have to problems.” test for critical-thinking ability. they offer. the delivery system, outlined weigh them carefully. Anyone Candidates are asked to respond the practicality of the product, who falls in love with his or her How well managers problem- to a real or hypothetical business Critical thinking usually doesn’t and told us how it would own analysis does so at his or solve is a good predictor of situation. We evaluate their lead to an immediate answer capture value.” her peril. * their professional success, she ability to structure the right ques- but to whole new sets of ENHANCE YOUR CRITICAL THINKING believes. “It’s the thousands of tions and develop key hypotheses questions. All information must Cook says she has a critical- “Critical thinking is in demand fyi small decisions that go into through their analysis and synthe- be analyzed before results can thinking reference sheet hanging each and every day at Edward each workday that drive out- sis of the information provided. be synthesized, Ader adds. on a wall near her desk. “I use it Jones,” he continues. “We comes and bring about positive to run through all our functional conduct business in an extremely Designed to help you make informed business choices, this seminar defines — or negative — results. “The benefit of employees who Part of Microsoft’s Online areas to see where problems dynamic environment. The critical thinking and outlines the process for effective problem solving. know how to think critically can’t Strategy and Mergers and may occur and to ensure we’re market changes. The Fed makes Register for the two-part, two-day Olin Partners’ Program executive “Critical thinking is teachable, be overstated,” Chugani adds. Acquisitions Group, Ader says employing best practices.” changes. What was true yester- education seminar: provided the student is exposed “Sophisticated decision-making he relies heavily on his day no longer is true today. Our CRITICAL THINKING: January 8, 2009 & February 11, 2009 to a rigorous curriculum that skills are a prerequisite to critical-thinking skills while people need to make intelligent exercises those skills,” she adds. addressing our clients’ needs.” evaluating business ventures decisions over the long term Visit our Web site at www.olin.wustl.edu/OPP or call 314-935-9494 for information. and product strategies. and avoid the common pitfalls of short-term thinking.”

14 OlinBusiness // 2008 2008 // OlinBusiness 15 “Research Seminar in Health Care Management” is the capstone course for the major and serves as an excellent example of Olin’s strategic emphasis on expanding collaborations among faculty, students and THE BUSINESS OF business. Student teams work on projects identified by University professors and corporate partners. Areas of study could include an analysis of the operational conduct of surgical procedures in the Washington University Medical Center, an examina- tion of the potential market for new pharmaceutical products and medical devices or the development of HEALTH CARE a business model for the provision of special services to the Medicaid population. At the end of the course, ealth care has been one of the most The professors have collaborated on research each team must write and present a research paper passionately debated issues in the 2008 that evaluates clinical productivity and surgeon worthy of submission to an academic journal. U.S. presidential campaign — across performance. In a study conducted with University of the political spectrum. Technological Michigan colleagues Darrell Campbell Jr. and Laurel Hamilton says the close collaboration of Olin and School of “Washington University is the ideal institution advances have resulted in amazing Phillips, they found the overall cost of treating a Medicine professors — and their balanced presentation of Hmedical breakthroughs, but they require money to representative patient differed by as much as 45 management and medical issues — differentiates Olin. to offer this type of instruction. It has highly develop. Experts predict the health care industry will percent. “To the extent these results reflect surgeon- “Most programs have a strong clinical focus and a minimal make up 19.6 percent of the country’s gross domestic specific practice styles, they suggest a target for business focus, or the reverse.” ranked medical and business schools, product by 2016. Patients, providers and businesses quality improvement from both the payer and provider that pay for health-related services want to reduce perspectives,” the researchers state. Jeff Cannon, Olin’s associate dean and director of outstanding faculty, and proximity to local rising costs. At the same time, millions of Americans Undergraduate Programs, says the Health Care are uninsured or underinsured, and their numbers Their work has been published in the Quarterly Management curriculum — approved in spring 2008 health care experts who are eager to con- are increasing. Review of Economics and Finance and the Journal of — grew out of students’ enthusiastic response to the tribute their time and effort.” the American College of Surgeons. original “Olin Grand Rounds” course. Health care professionals frequently fall into different Dr. Steve Miller, EMBA ’02 camps. Physicians and researchers with specialized This fall, Hamilton and Hall introduced an interdisci- “Our new Health Care major and minor demonstrate Olin’s Senior Vice President and Chief Medical Officer clinical knowledge often speculate that cost-control plinary Health Care Management curriculum for ability to be innovative and nimble in its program design,” Express Scripts measures could undermine patient care and discour- Washington University undergraduates. An extension he says. “The industry needs managers who have business age important innovations in medical devices, surgical of courses previously offered at Olin, it consists of acumen, clinical understanding and want to remedy the health care programs for Medicaid recipients — says it’s procedures, imaging technology and pharmaceuticals. three tracks: a major for BSBA students, a second current health care crisis. Students with these abilities will important for her to maintain direct patient contact in a Business administrators believe inefficiencies in health major for nonbusiness undergraduates and a minor. be in great demand in the marketplace.” position that requires top-level management. care delivery drive up prices, which, in turn, makes Required courses include “Olin Grand Rounds,” U.S. companies less competitive in a global economy. “Health Care Economics & Policy,” “Health Care “Washington University is the ideal institution to offer this Talking over the more complicated cases with residents Management” and “Research in Health Care type of instruction,” says Dr. Steve Miller, EMBA ’02, senior and interns, she asks if they’ve called patients’ health plans Olin Business School is helping to improve the health Management.” The curriculum has attracted vice president and chief medical officer of Express Scripts, to see if the patients are in case management. care industry prognosis — developing a new genera- students with a variety of interests, including aspiring a pharmacy benefit management company. “It has highly tion of leaders who manage organizations that managers, doctors, lawyers and social workers. ranked medical and business schools, outstanding faculty, “Medical students and residents often have the perception combine leading-edge medical and business practices. and proximity to local health care experts who are eager to that all managed care is bad,” Mason says. “They don’t At the front line of this effort are Barton Hamilton, The redesigned “Olin Grand Rounds” course — based contribute their time and effort. realize a health plan often has nurse case managers and Robert Brookings Smith Distinguished Professor of on teaching hospitals’ forum for presenting and evalu- social workers who connect people to resources and Entrepreneurship, and Dr. Bruce Lee Hall, associate ating medical cases — is co-taught by Hamilton, Hall “Together, we have tremendous potential for thought specialty services that improve medical conditions, control professor of surgery at Washington University School and Dr. Cynthia Wichelman, assistant professor of leadership and the development of health care professionals symptoms and may prevent hospitalization in the first of Medicine and Olin’s associate professor of Health emergency medicine at Washington University School with an extremely valuable tool set,” Miller adds. place. Sometimes, solving what you thought was a little Care Management. of Medicine. It begins with an introductory “Business problem makes a big difference in their quality of life. and Medicine 101” lecture. Although the primary Dr. Mary Mason agrees. “There’s an incredible need for financial and focus of the course is on the United States, guest “It’s all about better outcomes at lower cost,” she says. management knowledge in every aspect of the speakers also discuss high-priority subjects that Twice a month, Mason, MD ’94, PMBA ’99, volunteers in health care industry,” says Hall. “We’re preparing affect other countries, such as the AIDS epidemic the outpatient internal medicine resident clinic at Barnes- “When I was in medical school, no one said he or she was individuals to meet that need and to change the and global disease control, the organ-transplant Jewish Hospital in St. Louis. The senior vice president and going into managed care. Programs like Olin’s are changing face of health care delivery.” market, and treatment disparities. chief medical officer of Centene — a firm that provides that,” says Mason.

16 OlinBusiness // 2008 2008 // OlinBusiness 17 “Research Seminar in Health Care Management” is the capstone course for the major and serves as an excellent example of Olin’s strategic emphasis on expanding collaborations among faculty, students and THE BUSINESS OF business. Student teams work on projects identified by University professors and corporate partners. Areas of study could include an analysis of the operational conduct of surgical procedures in the Washington University Medical Center, an examina- tion of the potential market for new pharmaceutical products and medical devices or the development of HEALTH CARE a business model for the provision of special services to the Medicaid population. At the end of the course, ealth care has been one of the most The professors have collaborated on research each team must write and present a research paper passionately debated issues in the 2008 that evaluates clinical productivity and surgeon worthy of submission to an academic journal. U.S. presidential campaign — across performance. In a study conducted with University of the political spectrum. Technological Michigan colleagues Darrell Campbell Jr. and Laurel Hamilton says the close collaboration of Olin and School of “Washington University is the ideal institution advances have resulted in amazing Phillips, they found the overall cost of treating a Medicine professors — and their balanced presentation of Hmedical breakthroughs, but they require money to representative patient differed by as much as 45 management and medical issues — differentiates Olin. to offer this type of instruction. It has highly develop. Experts predict the health care industry will percent. “To the extent these results reflect surgeon- “Most programs have a strong clinical focus and a minimal make up 19.6 percent of the country’s gross domestic specific practice styles, they suggest a target for business focus, or the reverse.” ranked medical and business schools, product by 2016. Patients, providers and businesses quality improvement from both the payer and provider that pay for health-related services want to reduce perspectives,” the researchers state. Jeff Cannon, Olin’s associate dean and director of outstanding faculty, and proximity to local rising costs. At the same time, millions of Americans Undergraduate Programs, says the Health Care are uninsured or underinsured, and their numbers Their work has been published in the Quarterly Management curriculum — approved in spring 2008 health care experts who are eager to con- are increasing. Review of Economics and Finance and the Journal of — grew out of students’ enthusiastic response to the tribute their time and effort.” the American College of Surgeons. original “Olin Grand Rounds” course. Health care professionals frequently fall into different Dr. Steve Miller, EMBA ’02 camps. Physicians and researchers with specialized This fall, Hamilton and Hall introduced an interdisci- “Our new Health Care major and minor demonstrate Olin’s Senior Vice President and Chief Medical Officer clinical knowledge often speculate that cost-control plinary Health Care Management curriculum for ability to be innovative and nimble in its program design,” Express Scripts measures could undermine patient care and discour- Washington University undergraduates. An extension he says. “The industry needs managers who have business age important innovations in medical devices, surgical of courses previously offered at Olin, it consists of acumen, clinical understanding and want to remedy the health care programs for Medicaid recipients — says it’s procedures, imaging technology and pharmaceuticals. three tracks: a major for BSBA students, a second current health care crisis. Students with these abilities will important for her to maintain direct patient contact in a Business administrators believe inefficiencies in health major for nonbusiness undergraduates and a minor. be in great demand in the marketplace.” position that requires top-level management. care delivery drive up prices, which, in turn, makes Required courses include “Olin Grand Rounds,” U.S. companies less competitive in a global economy. “Health Care Economics & Policy,” “Health Care “Washington University is the ideal institution to offer this Talking over the more complicated cases with residents Management” and “Research in Health Care type of instruction,” says Dr. Steve Miller, EMBA ’02, senior and interns, she asks if they’ve called patients’ health plans Olin Business School is helping to improve the health Management.” The curriculum has attracted vice president and chief medical officer of Express Scripts, to see if the patients are in case management. care industry prognosis — developing a new genera- students with a variety of interests, including aspiring a pharmacy benefit management company. “It has highly tion of leaders who manage organizations that managers, doctors, lawyers and social workers. ranked medical and business schools, outstanding faculty, “Medical students and residents often have the perception combine leading-edge medical and business practices. and proximity to local health care experts who are eager to that all managed care is bad,” Mason says. “They don’t At the front line of this effort are Barton Hamilton, The redesigned “Olin Grand Rounds” course — based contribute their time and effort. realize a health plan often has nurse case managers and Robert Brookings Smith Distinguished Professor of on teaching hospitals’ forum for presenting and evalu- social workers who connect people to resources and Entrepreneurship, and Dr. Bruce Lee Hall, associate ating medical cases — is co-taught by Hamilton, Hall “Together, we have tremendous potential for thought specialty services that improve medical conditions, control professor of surgery at Washington University School and Dr. Cynthia Wichelman, assistant professor of leadership and the development of health care professionals symptoms and may prevent hospitalization in the first of Medicine and Olin’s associate professor of Health emergency medicine at Washington University School with an extremely valuable tool set,” Miller adds. place. Sometimes, solving what you thought was a little Care Management. of Medicine. It begins with an introductory “Business problem makes a big difference in their quality of life. and Medicine 101” lecture. Although the primary Dr. Mary Mason agrees. “There’s an incredible need for financial and focus of the course is on the United States, guest “It’s all about better outcomes at lower cost,” she says. management knowledge in every aspect of the speakers also discuss high-priority subjects that Twice a month, Mason, MD ’94, PMBA ’99, volunteers in health care industry,” says Hall. “We’re preparing affect other countries, such as the AIDS epidemic the outpatient internal medicine resident clinic at Barnes- “When I was in medical school, no one said he or she was individuals to meet that need and to change the and global disease control, the organ-transplant Jewish Hospital in St. Louis. The senior vice president and going into managed care. Programs like Olin’s are changing face of health care delivery.” market, and treatment disparities. chief medical officer of Centene — a firm that provides that,” says Mason.

16 OlinBusiness // 2008 2008 // OlinBusiness 17 THE OLIN SENIOR LEADERSHIP PROGRAM

LIN BUSINESS SCHOOL’S Executive Programs faculty and Most management education is built around staff have worked with hundreds of companies, of all types and ‘‘ specific business functions. But in a complex, sizes. And they’ve spent a lot of time talking — and listening — global marketplace, executives need a broad- to business leaders from a wide range of industries. based approach to problem solving that In their conversations and interactions, they found management integrates innovative thinking, processes and challenges center on certain areas critical to growth, profitability, practices from a variety of disciplines.,,.. competitive advantage and operational excellence. These areas became the central themes that drive Olin’s executive Todd Zenger, Robert and Barbara Frick Professor of Business Strategy education offerings, including Olin’s new 20-day Senior OLeadership Program (SLP), which begins in January. “Most management education is built around specific business To better meet the needs of high-level managers, SLP’s delivery is functions,” says Todd Zenger, Robert and Barbara Frick Professor as unique as its content. The program format — five four-day of Business Strategy and one of the Senior Leadership Program modules spread over five business quarters — minimizes partici- faculty. “But in a complex, global marketplace, executives need a pants’ time away from work and enables them to apply what they broad-based approach to problem solving that integrates innova- learn in the classroom to real problems within their organizations. tive thinking, processes and practices from a variety of disciplines. “Receiving a stream of information all at once is like drinking “Olin’s core faculty has collaborated for years on teaching and water from a fire hose,” says Ken Bardach, associate dean and research that address cross-functional business problems,” he Charles and Joanne Knight Distinguished Director of Executive continues. “We bring ideas and frameworks to the program that Programs. “SLP is structured like a learning laboratory, with built-in are extensions of our work and, therefore, aren’t necessarily opportunities for implementation, recalibration and reinforcement.” taught by other institutions.” Taught by Olin’s senior faculty, the program modules are struc- “Three factors differentiate SLP: the rigorous, critical-thinking tured around five platforms that contribute to growth individually mind-set of Olin’s research-active faculty; our expertise in and collectively. teaching complex, cross-functional subject matter; and the deep relationships Olin develops with the companies we serve. We’re The platforms are: Leading the High-Performance Organization; High-Impact motivated to understand what these organizations do and how Strategy, Organization and Value Creation; Competitive Advantage they operate,” says Panos Kouvelis, Emerson Distinguished and Operational Excellence; Winning Globally; and Growth Professor of Operations and Manufacturing Management; director and Innovation. of Olin’s Boeing Center for Technology, Information, and Manufacturing; and SLP faculty member. During the first module, Anjan Thakor, senior associate dean and John E. Simon Professor of Finance, introduces the Competing Leadership Q1 Q2 Q3 Q4 Q5 20 Days Over 5 Quarters. LEADING THE STRATEGY, COMPETITIVE WINNING GLOBALLY GROWTH & HIGH-PERFORMANCE ORGANIZATION & ADVANTAGE & helps participants INNOVATION Olin Introduces the Senior Leadership Program: ORGANIZATION VALUE CREATION OPERATIONAL identify and capitalize on examines the methods hones the skills participants focuses on the importance EXCELLENCE the unique opportunities companies employ to Executive excellence and leadership for today’s need to leverage inter - of linking structure with approaches operations in global and emerging systematically grow personal influence and align strategy to build a from the perspective that markets through sustainable revenue and most complex, unstructured business challenges. strategy, organizational foundation that fosters high-performing firms assessment of country profits — turning their values and individual values innovation, adaptability, simultaneously manage risk, exchange-rate risk organizations into — as well as participants’ agility and efficiency. three interrelated levers: management, management growth engines. ability to manage these Participants will further continual quality of a worldwide network interactions for sustained their understanding of how improvement, cost of facilities, outsourcing maximum performance. to create and influence management and and supply-chain risk organizational synergy in reduction, and accelerated management. the context of both organic time to market. growth and mergers 18 OlinBusiness // 2008 and acquisitions. 2008 // OlinBusiness 19 THE OLIN SENIOR LEADERSHIP PROGRAM

LIN BUSINESS SCHOOL’S Executive Programs faculty and Most management education is built around staff have worked with hundreds of companies, of all types and ‘‘ specific business functions. But in a complex, sizes. And they’ve spent a lot of time talking — and listening — global marketplace, executives need a broad- to business leaders from a wide range of industries. based approach to problem solving that In their conversations and interactions, they found management integrates innovative thinking, processes and challenges center on certain areas critical to growth, profitability, practices from a variety of disciplines.,,.. competitive advantage and operational excellence. These areas became the central themes that drive Olin’s executive Todd Zenger, Robert and Barbara Frick Professor of Business Strategy education offerings, including Olin’s new 20-day Senior OLeadership Program (SLP), which begins in January. “Most management education is built around specific business To better meet the needs of high-level managers, SLP’s delivery is functions,” says Todd Zenger, Robert and Barbara Frick Professor as unique as its content. The program format — five four-day of Business Strategy and one of the Senior Leadership Program modules spread over five business quarters — minimizes partici- faculty. “But in a complex, global marketplace, executives need a pants’ time away from work and enables them to apply what they broad-based approach to problem solving that integrates innova- learn in the classroom to real problems within their organizations. tive thinking, processes and practices from a variety of disciplines. “Receiving a stream of information all at once is like drinking “Olin’s core faculty has collaborated for years on teaching and water from a fire hose,” says Ken Bardach, associate dean and research that address cross-functional business problems,” he Charles and Joanne Knight Distinguished Director of Executive continues. “We bring ideas and frameworks to the program that Programs. “SLP is structured like a learning laboratory, with built-in are extensions of our work and, therefore, aren’t necessarily opportunities for implementation, recalibration and reinforcement.” taught by other institutions.” Taught by Olin’s senior faculty, the program modules are struc- “Three factors differentiate SLP: the rigorous, critical-thinking tured around five platforms that contribute to growth individually mind-set of Olin’s research-active faculty; our expertise in and collectively. teaching complex, cross-functional subject matter; and the deep relationships Olin develops with the companies we serve. We’re The platforms are: Leading the High-Performance Organization; High-Impact motivated to understand what these organizations do and how Strategy, Organization and Value Creation; Competitive Advantage they operate,” says Panos Kouvelis, Emerson Distinguished and Operational Excellence; Winning Globally; and Growth Professor of Operations and Manufacturing Management; director and Innovation. of Olin’s Boeing Center for Technology, Information, and Manufacturing; and SLP faculty member. During the first module, Anjan Thakor, senior associate dean and John E. Simon Professor of Finance, introduces the Competing Leadership Q1 Q2 Q3 Q4 Q5 20 Days Over 5 Quarters. LEADING THE STRATEGY, COMPETITIVE WINNING GLOBALLY GROWTH & HIGH-PERFORMANCE ORGANIZATION & ADVANTAGE & helps participants INNOVATION Olin Introduces the Senior Leadership Program: ORGANIZATION VALUE CREATION OPERATIONAL identify and capitalize on examines the methods hones the skills participants focuses on the importance EXCELLENCE the unique opportunities companies employ to Executive excellence and leadership for today’s need to leverage inter - of linking structure with approaches operations in global and emerging systematically grow personal influence and align strategy to build a from the perspective that markets through sustainable revenue and most complex, unstructured business challenges. strategy, organizational foundation that fosters high-performing firms assessment of country profits — turning their values and individual values innovation, adaptability, simultaneously manage risk, exchange-rate risk organizations into — as well as participants’ agility and efficiency. three interrelated levers: management, management growth engines. ability to manage these Participants will further continual quality of a worldwide network interactions for sustained their understanding of how improvement, cost of facilities, outsourcing maximum performance. to create and influence management and and supply-chain risk organizational synergy in reduction, and accelerated management. the context of both organic time to market. growth and mergers 18 OlinBusiness // 2008 and acquisitions. 2008 // OlinBusiness 19 OLIN’S SENIOR LEADERSHIP PROGRAM

FINAL PROJECT

Q5 GROWTH & INNOVATION To better meet the needs *APPLIED LEARNING of high-level managers, SLP’s delivery is as WINNING GLOBALLY Experiential Learning Q4 (cases, simulations, unique as its content. The program format — role playing) five four-day modules COMPETITIVE ADVANTAGE & Study/Project Teams spread over five business Q3 OPERATIONAL EXCELLENCE quarters — minimizes Action-Learning Projects participants’ time away from work and enables STRATEGY, ORGANIZATION Key Industry Speakers them to apply what they & VALUE CREATION COMPETITIVE PLATFORMS* COMPETITIVE Q2 learn in the classroom to real problems within

their organizations. LEADING THE HIGH- COACHING MENTORING, ASSESSMENT, Q1 PERFORMANCE ORGANIZATION HIGH-IMPACT LEADERSHIP DEVELOPMENT

Values Framework (CVF), based on a business model developed Each individual prepares an executive development plan in in the ’80s that’s used to understand a variety of phenomena — partnership with a leadership coach and mentor from his or her from growth strategies to leadership competencies to organiza- firm and with Lee Konczak, lecturer in organizational behavior tional quality to information processing. and leadership development at Olin. Coaches and mentors aid personal and professional development and help participants use “CVF came from research on criteria that predict whether or what they learn in the classroom to enhance their firms’ specific not an organization performs effectively. CVF has been identified processes, procedures and initiatives. as one of the 40 most important frameworks in the history of business,” Thakor explains. As a result, participants evaluate their leadership style in the context of the five platforms — and how their values align with He adds: “From these empirical studies, two major dimensions those of their organizations. consistently emerged. One dimension differentiates an emphasis on flexibility, discretion and dynamism from an emphasis on “Great organizations reflect the values of their leaders,” Bardach stability, order and control. For example, some organizations says. “Think of Emerson under Buck Persons, Chuck Knight and and managers are viewed as effective if they are changing, David Farr. Or Goldman Sachs under Sidney Weinberg, Robert adaptable and transformational. Other organizations and man- Rubin and Henry Paulson. To be an exceptional leader, you need agers are viewed as effective if they’re stable, predictable and to know yourself and then imbue your values into your organiza- consistent. This continuum ranges from versatility and pliability tion — leveraging the strengths of your predecessors and leaving on one end to steadiness and durability on the other end.” a noble legacy for those who follow.”

“The framework highlights the tensions generated when different The program concludes with a capstone project: Participants are forms of value creation are pursued simultaneously,” says Samuel asked to create the next growth platform for their organizations. Chun, lecturer in marketing. “As a result, CVF can be used not Participants receive feedback along the way from Olin faculty only to diagnose complex business problems but also to identify members and a group of senior executives led by Chuck Knight, the tools to help solve them.” chairman emeritus of Emerson.

In addition to the thematic content, the Senior Leadership “SLP’s experiential emphasis is extremely important,” Kouvelis Program includes live case analyses and discussions with industry says. “More than lectures or traditional teaching, it enables experts. Other signature components are personalized assess- participants to immediately absorb and apply key concepts ments and ongoing professional-development exercises that allow and insights.” participants to target their strengths, as well as areas that need improvement. These assessments are linked to the program For more information on the Senior Leadership Program, visit curriculum and to performance-management tools already used www.olin.wustl.edu/execed/execprog/slp.cfm or call 314-935-7767 by participants’ companies. to schedule a personal consultation with a member of Olin’s Executive Programs staff.

20 OlinBusiness // 2008 OLIN’S SENIOR LEADERSHIP PROGRAM

FINAL PROJECT

Q5 GROWTH & INNOVATION To better meet the needs *APPLIED LEARNING of high-level managers, SLP’s delivery is as WINNING GLOBALLY Experiential Learning Q4 (cases, simulations, unique as its content. The program format — role playing) five four-day modules COMPETITIVE ADVANTAGE & Study/Project Teams spread over five business Q3 OPERATIONAL EXCELLENCE quarters — minimizes Action-Learning Projects participants’ time away from work and enables STRATEGY, ORGANIZATION Key Industry Speakers them to apply what they & VALUE CREATION COMPETITIVE PLATFORMS* COMPETITIVE Q2 learn in the classroom to real problems within

their organizations. LEADING THE HIGH- COACHING MENTORING, ASSESSMENT, Q1 PERFORMANCE ORGANIZATION HIGH-IMPACT LEADERSHIP DEVELOPMENT

Values Framework (CVF), based on a business model developed Each individual prepares an executive development plan in in the ’80s that’s used to understand a variety of phenomena — partnership with a leadership coach and mentor from his or her from growth strategies to leadership competencies to organiza- firm and with Lee Konczak, lecturer in organizational behavior tional quality to information processing. and leadership development at Olin. Coaches and mentors aid personal and professional development and help participants use “CVF came from research on criteria that predict whether or what they learn in the classroom to enhance their firms’ specific not an organization performs effectively. CVF has been identified processes, procedures and initiatives. as one of the 40 most important frameworks in the history of business,” Thakor explains. As a result, participants evaluate their leadership style in the context of the five platforms — and how their values align with He adds: “From these empirical studies, two major dimensions those of their organizations. consistently emerged. One dimension differentiates an emphasis on flexibility, discretion and dynamism from an emphasis on “Great organizations reflect the values of their leaders,” Bardach stability, order and control. For example, some organizations says. “Think of Emerson under Buck Persons, Chuck Knight and and managers are viewed as effective if they are changing, David Farr. Or Goldman Sachs under Sidney Weinberg, Robert adaptable and transformational. Other organizations and man- Rubin and Henry Paulson. To be an exceptional leader, you need agers are viewed as effective if they’re stable, predictable and to know yourself and then imbue your values into your organiza- consistent. This continuum ranges from versatility and pliability tion — leveraging the strengths of your predecessors and leaving on one end to steadiness and durability on the other end.” a noble legacy for those who follow.”

“The framework highlights the tensions generated when different The program concludes with a capstone project: Participants are forms of value creation are pursued simultaneously,” says Samuel asked to create the next growth platform for their organizations. Chun, lecturer in marketing. “As a result, CVF can be used not Participants receive feedback along the way from Olin faculty only to diagnose complex business problems but also to identify members and a group of senior executives led by Chuck Knight, the tools to help solve them.” chairman emeritus of Emerson.

In addition to the thematic content, the Senior Leadership “SLP’s experiential emphasis is extremely important,” Kouvelis Program includes live case analyses and discussions with industry says. “More than lectures or traditional teaching, it enables experts. Other signature components are personalized assess- participants to immediately absorb and apply key concepts ments and ongoing professional-development exercises that allow and insights.” participants to target their strengths, as well as areas that need improvement. These assessments are linked to the program For more information on the Senior Leadership Program, visit curriculum and to performance-management tools already used www.olin.wustl.edu/execed/execprog/slp.cfm or call 314-935-7767 by participants’ companies. to schedule a personal consultation with a member of Olin’s Executive Programs staff.

20 OlinBusiness // 2008 ALUMNI CONNECTIONS

Stay Involved in Olin Alumnae Make ‘30 Under 30’ List the Community Congratulations to Tracey Gunn, BSBA Museum and Saint Louis Zoo, and Urban ’03, and Lauren Herring, EMBA ’07. Land Institute Young Leaders in St. Louis. The Olin alumnae were among the St. UPCOMING: o me, the history of Olin Business * Louis Business Journal’s 2008 list of “30 Herring is co-president of IMPACT Group, School begins with the era of my EVENTS Under 30.” an employee transition-management fyi Tfather, Ed Sherwood, BSBA ’40. firm started by her mother in 1988. He and his friend, Bruce Higginbotham, Gunn is a project She has spent the last four years BSBA ’40, who still volunteers at Olin, REUNIONS manager developing the com- attended classes in Duncker Hall. In the Stan Askren Susan and Melvin Bahle at U.S. pany’s global late ’70s, I went to class in Prince Hall. October 3-4, 2008 Bancorp operations and Both buildings are retired now — Prince OLIN GRADUATE REUNION Community will assume lead- demolished and Duncker dedicated to EMBA ’88, ’93, ’98, ’03-19, ’03-20, Development, ership of the another use. Now, Simon Hall and the ’07-27, ’07-28 where she puts company upon Charles F. Knight Executive Education together urban her mother’s EM3 ’98 and Conference Center are home to the and rural devel- retirement at the school. Even long-lived collegiate Gothic MBA ’58, ’73, ’78, ’83, ’88, ’93, opment deals in end of this year. buildings are transitory, yet Washington ’98, ’03, ’07 underserved com- She has worked in University continues to thrive. munities — includ- economic develop- PMBA ’83, ’88, ’93, ’98, ’03-10, ’03-11, ing an AIDS vaccine ’07-18, ’07-19 In 1992, Robert Virgil, MBA ’60, PhD ’67, ment in Puerto David Campbell James Weddle lab in New York and then Olin dean, said: “The plain fact is Rico, helping fledg- Contact [email protected] or visit a telecommunications ling entrepreneurs (Olin) cannot lead, cannot innovate and www.olin.wustl.edu/gradreunion. system on Native cannot attain the highest quality for our gain access to American reservations students without resources. … We need Awards Recognize Members of Olin Family microfunding. She in North and South April 17-19, 2009 volunteers and missionaries.” Throughout serves on the advi- Dakota. She also was sory board of the YOUNG ALUMNI REUNION its history, Olin has produced many Three alumni and two long-standing Sound; and was nonexecutive chairman responsible for closing the deal on Connections to Success Corporate Guild successful alumni. They, in turn, have friends were recognized during the 2008 of Zenith Entertainment. BSBA ’99, ’04, ’08 St. Louis’ new Moonrise Hotel. In addition, and the friends board of Loyola Academy. enhanced the business school’s reputation Olin Business School Annual Awards Contact [email protected] or visit Gunn is on the board of advisers for Herring also is involved with the COCA and contributed time, money and effort. presentation held in April at The Ritz- As Edward Jones’ managing partner, the Downtown (St. Louis) YMCA and (Center of Creative Arts) Creativity in www.wustlconnections.com. Olin leadership and staff create an envi- Carlton, St. Louis. Weddle oversees the firm’s business and is a member of the Missouri State Business initiative and the Young Business ronment that values, encourages and strategic direction. He has spent his entire Rehabilitation Council for the disabled, Leaders group for Old Newsboys Day. May 14-17, 2009 embraces volunteerism. This year’s Distinguished Alumni Award career with the company. Weddle first young friends of the Saint Louis Art UNDERGRADUATE REUNION honorees for outstanding professional worked for Edward Jones as a research There are many reasons to be involved success were Stan Askren, PMBA ’87; intern while he completed his MBA at Olin BSBA ’44, ’49, ’54, ’59, ’64, ’69, ’74, ’79, with the ongoing success of this institu- David Campbell, AB/MBA ’81; and James — and, through the years, was promoted ’84, ’89, Emeritus (all pre-’59 classes) tion. I’m involved because Washington Weddle, MBA ’77. to limited partner, principal and fifth Contact [email protected] or visit University gave me an educational foun- managing partner. He says client service Initiative Informs and Connects Alumnae www.wustlconnections.com. dation and enduring friendships that have Askren is chairman of the board, president is the firm’s No.1 priority. J.D. Power and served me well in my life and career. I and CEO of HNI, the world’s second- Associates has ranked Edward Jones first Since 2006, the Eliot Women’s Initiative Carpenter Taylor Professor of Organizational also am involved because I’ve admired largest office furniture manufacturer. in customer satisfaction among full-service has connected Olin alumnae with one Behavior, who spoke on “Breaking Down the ascendency of this school. I urge all During his tenure, the firm has grown from investment firms for three years in a row. another and with students. “We want Barriers: Workplace Realities for Women”; CENTURY CLUB alumni to be involved in building some- $600 million in sales to more than $2.6 In 2006, Washington University recog- alumnae to come back to campus — to Kimberly Walker, chief investment officer thing as fulfilling as a world-class institu- billion. HNI has been recognized by nized Weddle with a Founders Day Award. learn and meet with other outstanding for the University, who talked about the BUSINESS SERIES tion. We all have benefited in some way IndustryWeek as one of the “50 Best U.S. He is a member of Olin’s National Council. women leaders from around the world,” endowment; C.J. Larkin, senior lecturer INSIDE. UP CLOSE. CONNECTED. from Olin’s superior reputation and from Manufacturing Companies” for five con- says Nancy Barter, associate director at the School of Law, who addressed Now in its 30th year, Olin’s Century Club our time spent here. Come be a part of it. secutive years, Fortune magazine as one of The Dean’s Medal for Exemplary Service of development and director of the “Negotiating With Difficult People”; and Business Series connects Olin alumni “America’s Most Admired Companies” and was awarded to Melvin and Susan Bahle Annual Fund. Maggie Sullivan Wilderotter, chairman with executives from today’s premier Forbes magazine as one of the “400 Best for their extraordinary commitment to and CEO of Frontier Communications, businesses. Big Companies in America” eight times. He Olin. For several decades, they have Laurie Hiler, EMBA ’96, a member of the who guided participants through her is a member of Olin’s National Council. worked with the business school’s deans group’s steering committee, says: “Olin “Leadership Journey.” November 5, 2008 to build Olin’s national and international women want to hear about areas of busi- JEFF QUINN, CEO, Solutia Inc. Campbell is president and CEO of reputation. The Bahles were among the ness, issues and initiatives they might Wilderotter was featured in The Wall 7:30 a.m. — Breakfast Anschutz Entertainment Group (AEG) first Scholars in Business program sponsors, not be exposed to otherwise. By bringing Street Journal article “Raising Women to 8 - 9 a.m. — Presentation Europe, a subsidiary of one of the world’s and their support has made them Life our alumnae together, we’re building a Be Leaders”; on “The Today Show”; and on Simon Hall, May Auditorium leading sports and entertainment compa- Patrons of the William Greenleaf Eliot stronger Olin network and Washington PBS’ “To The Contrary,” an all-female ROBERT E. SHERWOOD nies. He joined the firm in 2005. Campbell Society. Always modest, the Bahles University community.” news-analysis series. For more information, contact Jill Lustberg at MArch/MBA ’79 previously worked for the Virgin Group, downplay their contributions. But those [email protected] or 314-935-6845. President, Olin Alumni Association where he became founding CEO of Virgin who know them best say the Bahles’ Women’s Initiative luncheons are held For information on upcoming speakers 2008/2009 Radio; co-founded Ginger Media; was generosity will shape the Olin community twice annually. Past speakers include and topics, e-mail nancy_barter Managing Director, Pace Properties executive vice chairman of Ministry of for generations to come. Judi McLean Parks, Reuben C. and Anne @wustl.edu or call 314-935-9053.

22 OlinBusiness // 2008 2008 // OlinBusiness 23 ALUMNI CONNECTIONS

Stay Involved in Olin Alumnae Make ‘30 Under 30’ List the Community Congratulations to Tracey Gunn, BSBA Museum and Saint Louis Zoo, and Urban ’03, and Lauren Herring, EMBA ’07. Land Institute Young Leaders in St. Louis. The Olin alumnae were among the St. UPCOMING: o me, the history of Olin Business * Louis Business Journal’s 2008 list of “30 Herring is co-president of IMPACT Group, School begins with the era of my EVENTS Under 30.” an employee transition-management fyi Tfather, Ed Sherwood, BSBA ’40. firm started by her mother in 1988. He and his friend, Bruce Higginbotham, Gunn is a project She has spent the last four years BSBA ’40, who still volunteers at Olin, REUNIONS manager developing the com- attended classes in Duncker Hall. In the Stan Askren Susan and Melvin Bahle at U.S. pany’s global late ’70s, I went to class in Prince Hall. October 3-4, 2008 Bancorp operations and Both buildings are retired now — Prince OLIN GRADUATE REUNION Community will assume lead- demolished and Duncker dedicated to EMBA ’88, ’93, ’98, ’03-19, ’03-20, Development, ership of the another use. Now, Simon Hall and the ’07-27, ’07-28 where she puts company upon Charles F. Knight Executive Education together urban her mother’s EM3 ’98 and Conference Center are home to the and rural devel- retirement at the school. Even long-lived collegiate Gothic MBA ’58, ’73, ’78, ’83, ’88, ’93, opment deals in end of this year. buildings are transitory, yet Washington ’98, ’03, ’07 underserved com- She has worked in University continues to thrive. munities — includ- economic develop- PMBA ’83, ’88, ’93, ’98, ’03-10, ’03-11, ing an AIDS vaccine ’07-18, ’07-19 In 1992, Robert Virgil, MBA ’60, PhD ’67, ment in Puerto David Campbell James Weddle lab in New York and then Olin dean, said: “The plain fact is Rico, helping fledg- Contact [email protected] or visit a telecommunications ling entrepreneurs (Olin) cannot lead, cannot innovate and www.olin.wustl.edu/gradreunion. system on Native cannot attain the highest quality for our gain access to American reservations students without resources. … We need Awards Recognize Members of Olin Family microfunding. She in North and South April 17-19, 2009 volunteers and missionaries.” Throughout serves on the advi- Dakota. She also was sory board of the YOUNG ALUMNI REUNION its history, Olin has produced many Three alumni and two long-standing Sound; and was nonexecutive chairman responsible for closing the deal on Connections to Success Corporate Guild successful alumni. They, in turn, have friends were recognized during the 2008 of Zenith Entertainment. BSBA ’99, ’04, ’08 St. Louis’ new Moonrise Hotel. In addition, and the friends board of Loyola Academy. enhanced the business school’s reputation Olin Business School Annual Awards Contact [email protected] or visit Gunn is on the board of advisers for Herring also is involved with the COCA and contributed time, money and effort. presentation held in April at The Ritz- As Edward Jones’ managing partner, the Downtown (St. Louis) YMCA and (Center of Creative Arts) Creativity in www.wustlconnections.com. Olin leadership and staff create an envi- Carlton, St. Louis. Weddle oversees the firm’s business and is a member of the Missouri State Business initiative and the Young Business ronment that values, encourages and strategic direction. He has spent his entire Rehabilitation Council for the disabled, Leaders group for Old Newsboys Day. May 14-17, 2009 embraces volunteerism. This year’s Distinguished Alumni Award career with the company. Weddle first young friends of the Saint Louis Art UNDERGRADUATE REUNION honorees for outstanding professional worked for Edward Jones as a research There are many reasons to be involved success were Stan Askren, PMBA ’87; intern while he completed his MBA at Olin BSBA ’44, ’49, ’54, ’59, ’64, ’69, ’74, ’79, with the ongoing success of this institu- David Campbell, AB/MBA ’81; and James — and, through the years, was promoted ’84, ’89, Emeritus (all pre-’59 classes) tion. I’m involved because Washington Weddle, MBA ’77. to limited partner, principal and fifth Contact [email protected] or visit University gave me an educational foun- managing partner. He says client service Initiative Informs and Connects Alumnae www.wustlconnections.com. dation and enduring friendships that have Askren is chairman of the board, president is the firm’s No.1 priority. J.D. Power and served me well in my life and career. I and CEO of HNI, the world’s second- Associates has ranked Edward Jones first Since 2006, the Eliot Women’s Initiative Carpenter Taylor Professor of Organizational also am involved because I’ve admired largest office furniture manufacturer. in customer satisfaction among full-service has connected Olin alumnae with one Behavior, who spoke on “Breaking Down the ascendency of this school. I urge all During his tenure, the firm has grown from investment firms for three years in a row. another and with students. “We want Barriers: Workplace Realities for Women”; CENTURY CLUB alumni to be involved in building some- $600 million in sales to more than $2.6 In 2006, Washington University recog- alumnae to come back to campus — to Kimberly Walker, chief investment officer thing as fulfilling as a world-class institu- billion. HNI has been recognized by nized Weddle with a Founders Day Award. learn and meet with other outstanding for the University, who talked about the BUSINESS SERIES tion. We all have benefited in some way IndustryWeek as one of the “50 Best U.S. He is a member of Olin’s National Council. women leaders from around the world,” endowment; C.J. Larkin, senior lecturer INSIDE. UP CLOSE. CONNECTED. from Olin’s superior reputation and from Manufacturing Companies” for five con- says Nancy Barter, associate director at the School of Law, who addressed Now in its 30th year, Olin’s Century Club our time spent here. Come be a part of it. secutive years, Fortune magazine as one of The Dean’s Medal for Exemplary Service of development and director of the “Negotiating With Difficult People”; and Business Series connects Olin alumni “America’s Most Admired Companies” and was awarded to Melvin and Susan Bahle Annual Fund. Maggie Sullivan Wilderotter, chairman with executives from today’s premier Forbes magazine as one of the “400 Best for their extraordinary commitment to and CEO of Frontier Communications, businesses. Big Companies in America” eight times. He Olin. For several decades, they have Laurie Hiler, EMBA ’96, a member of the who guided participants through her is a member of Olin’s National Council. worked with the business school’s deans group’s steering committee, says: “Olin “Leadership Journey.” November 5, 2008 to build Olin’s national and international women want to hear about areas of busi- JEFF QUINN, CEO, Solutia Inc. Campbell is president and CEO of reputation. The Bahles were among the ness, issues and initiatives they might Wilderotter was featured in The Wall 7:30 a.m. — Breakfast Anschutz Entertainment Group (AEG) first Scholars in Business program sponsors, not be exposed to otherwise. By bringing Street Journal article “Raising Women to 8 - 9 a.m. — Presentation Europe, a subsidiary of one of the world’s and their support has made them Life our alumnae together, we’re building a Be Leaders”; on “The Today Show”; and on Simon Hall, May Auditorium leading sports and entertainment compa- Patrons of the William Greenleaf Eliot stronger Olin network and Washington PBS’ “To The Contrary,” an all-female ROBERT E. SHERWOOD nies. He joined the firm in 2005. Campbell Society. Always modest, the Bahles University community.” news-analysis series. For more information, contact Jill Lustberg at MArch/MBA ’79 previously worked for the Virgin Group, downplay their contributions. But those [email protected] or 314-935-6845. President, Olin Alumni Association where he became founding CEO of Virgin who know them best say the Bahles’ Women’s Initiative luncheons are held For information on upcoming speakers 2008/2009 Radio; co-founded Ginger Media; was generosity will shape the Olin community twice annually. Past speakers include and topics, e-mail nancy_barter Managing Director, Pace Properties executive vice chairman of Ministry of for generations to come. Judi McLean Parks, Reuben C. and Anne @wustl.edu or call 314-935-9053.

22 OlinBusiness // 2008 2008 // OlinBusiness 23 ALUMNI CONNECTIONS CLASS NOTES

OUR THANKS to all of you for answering our Larry Odle, BSBA ’79, Denver, is Officers and Advisors (SEATOA). Taylor Speaks at Century Club Business Series president of Rocky Mountain [email protected] request for alumni news. Once again, your response Recycling. [email protected] William Meehling, MBA ’83, As guest speaker for Olin’s December Enterprise celebrated its 50th anniversary has been tremendous. Find out what your class- Paul Sobel, BSBA ’79, Alpharetta, Naperville, IL, is a principal with 2007 Century Club Business Series, by making a long-term commitment to GA, is vice president, internal Harris Investment Management. UPCOMING: mates have been up to since they graduated from Andrew Taylor, chairman and CEO of contribute $50 million to plant 50 million audit, at Mirant Corp. [email protected] * [email protected] Olin Business School. Enterprise Rent-A-Car, trees over the next EVENTS fyi Thomas Spiegelhalter, MBA ’83, encouraged attendees to 50 years in partnership Prospect Heights, IL, is business serve as catalysts for with the National Many of you submitted entries in the spring for our director for ICOM. social and environmental Arbor Day Foundation OLIN TALENT fall issue of OlinBusiness Magazine. Whenever pos- 1980s [email protected] Lee Bernstein, MBA/MHA ’80, change. He outlined and the U.S. Forest Rhonda (Wachtel) Weithman, sible, we adjusted for the time difference, and we’d St. Louis, is executive vice president SUMMITS BSBA ’83, Columbus, OH, has “Corporate Leadership in Service. and chief operating officer at love to hear from you with updates or corrections. worked in the telecommunications Recruit for impact. Join us at one of St. Joseph Hospital in Kirkwood, a the 21st Century — All business since 1984, selling phone member of SSM Health Care. He Business Exists With In addition, Taylor said Olin Business School’s Talent Summits. systems, cellular service, fiber, To submit Class Notes information, fill out the form will lead the hospital’s transition transport, circuits, data gear, PBXs Permission of Society,” Enterprise has more This is a unique opportunity to connect to St. Clare Health Center, which is online at www.olin.wustl.edu/alumni/forms/kit or and now Cisco. She has been with talented students seeking intern- under construction in southwest a subject he says his fuel-efficient cars on married for 15 years and has two St. Louis County. Previously, he was family and company are the road than any ships and full-time positions. on Page 29. children: Josh, 9, and Rachel, 7. vice president of operations and [email protected] “passionate about.” other car rental facilities for Barnes-Jewish Hospital. January 5, 2009 NEW YORK Judith Meador, MBA ’66, St. Louis, company, including a Stephen Fisher, BSBA ’84/MBA CHICAGO 1950s was inducted into the St. Louis Marie Carroll, MBA ’80, St. Louis, Long inspired by Arthur fleet of about 73,000 January 7, 2009 ’85, South Orange, NJ, left a private Thomas Hess, BSBA ’50, Crystal Small Business Administration was recognized by YWCA Metro equity firm to form Hudson Ferry Page, the late AT&T flex-fuel vehicles, January 8, 2009 SILICON City, MO, retired on Jan. 1 after 35 Hall of Fame in May. She sold her St. Louis at the 27th Leader Lunch Capital in 2005. He lives with his years in real estate and 25 years in company, St. Louis Small Business, on Dec. 13, 2007, at the Millennium executive, Taylor said: which run on a blend VALLEY wife, Joanne, and their sons, Max retailing. [email protected] last year and now is retired. Hotel. This event recognizes the “Companies that owe of 85 percent ethanol and Ben. For more information, contact Colleen King contributions of women in the their success to the and 15 percent gas. The Jerry Poe, MBA ’57, Sun Lakes, AZ, Robert Matlock, BSBA ’68, workplace and the community. at [email protected] or 314-935-5950. Robert Golden, MBA ’84, emeritus professor of finance at McKinney, TX, has formed the law public have a mandate company is funding St. Louis, has been promoted to vice Arizona State University, was firm of Woods, May & Matlock PC Princess Elizabeth Ezenwa Okenwa, from the same public to research into alterna- president, mergers and acquisitions, installed in the faculty hall of along with Kay Woods and Marc BSBA ’80, St. Louis, launched a Andrew Taylor at Anheuser-Busch. demonstrate integrity tive fuels with a $25 fame of the W.P. Carey School of May. The firm’s attorneys practice new Web site, the African Business Business on April 8. In 2006, he marital litigation, collaborative Directory and News, at and responsibility in all million gift to the Richard Ritholz, BSBA ’84, was inducted into the hall of fame family law and mediation. www.african-business-directory.com. facets of their business Donald Danforth Short Hills, NJ, joined hedge fund at the Breech School of Business [email protected] princess.eliz@african-business- Elliott Associates. Previously, he conduct.” Plant Science Center, which created the Administration, Drury University. directory.com owned energy trading company Enterprise Rent-A-Car Institute for [email protected] Gary Seigal, AB ’66/MBA ’68, St. Louis, won the gold medal in JMR Energy. As a result, Taylor said Enterprise focuses Renewable Fuels. Stuart Manewith, BSBA ’81, William Robinson, BSBA ’59, racquetball singles for ages 60-64 St. Louis, is a senior business Jeff Rosenkranz, BSBA ’84, on environmental stewardship and sus- Naples, FL, was elected chairman in the St. Louis Senior Olympics solutions manager at Blackbaud, Glencoe, IL, has retired as head of of the board for Child Care of in May. the country’s largest technology tainability. This effort isn’t driven simply “Building a successful sustainability effort mergers and acquisitions for Piper Southwest Florida, a full-service company that serves exclusively by altruism, Taylor emphasized. “It’s based doesn’t mean trying to save the world,” Jaffray. He had been with the agency operating 13 childcare and nonprofit organizations. company for five years and previously in enlightened self-interest. These days, Taylor added. “But what we can and after-school programs in five coun- [email protected] spent 14 years with Merrill Lynch. He ties in southwest Florida. He also 1970s companies that aren’t active participants certainly should do is look for meaningful and his wife, Lisa Kaplan Rosenkranz, serves as chairman of the board for Vaughn Meglan, MBA ’81, in this discussion risk being left behind by ways to address the parts of the world Richard Wieland II, MBA ’70, BSBA ’82, have two sons. the Foundation for Quality Child Chicago, recently became chief Frederick, MD, is vice president, customers, employees and others who will that are touched by our business.” The Olin Talent Summits are events Care. [email protected] accounting, at Ore Pharmaceuticals. financial officer at Cytochroma. Bernard Doering, MBA ’85, designed to connect alumni and employers [email protected] control their destinies.” Amsterdam, Netherlands, is a Del Schwinke, BSBA ’59, St. Louis, in select cities with Olin Business School Veselina (Lekich) Jovanovic, BSBA strategic account director for Nike. is the newly elected president of ’73, St. Louis, is a budget analyst for Brenda (Bradley) Stiehl, BSBA ’81, students interested in working for firms in the Ad Club of St. Louis. San Diego, joined TriTech Software the Washington University School David Lustberg, BSBA ’85, Weston, those areas. See upcoming dates above. [email protected] Systems as a controller. moderated the discussion in front of an of Medicine. CT, is president of DRM Search [email protected] [email protected] Alumni Panelists audience of top-level recruiters, Olin Group. [email protected] Eric Wapnick, BSBA ’82, Oak Park, faculty, administrators and MBA students. Daniel Hazard, BSBA ’75, Todd Brown, PMBA ’86, Telluride, Address Olin Young CA, moved to Southern California 1960s Huntington Beach, CA, has worked CO, has become president and COO with his wife, Pam, vice president OLIN’S DISTINGUISHED Joseph Odgers, BSBA ’60, Santa as a branch manager with LPL of UniquePak. He divides his time Dorothy Kittner, Olin’s director of corporate and treasurer at Amgen, and Leaders Association Barbara, CA, retired in 1995 and Financial Services for 10 years. He among Chicago, Telluride and Paris. ALUMNI AWARDS daughters, Samantha, 9, and Sarena, relations, says the panelists advised moved four years ago to Santa specializes in retirement plans for [email protected] 5. Wapnick is a tax specialist and students to develop their critical-thinking Barbara. He serves on several businesses and high-net-worth indi- In February, the student-led Olin Young DINNER looks forward to hearing from community organization boards viduals. Hazard is a board member Dr. Scott Cohen, BSBA/BSEP ’86, Leaders Association held its inaugural skills, work as a team to use everyone’s other Southland alumni. Honors distinguished Olin alumni, and has many new friends. He for the YMCA and a Venture Scout Oakwood, OH, has joined Kettering event: “Managing the Changing Face of best talents, take charge of their own adviser. Besides family activities and [email protected] friends and faculty. enjoys lawn bowling and is serving Medical Center in Dayton, OH, to career progression and stay up to speed on as a lawn bowling club president. trips, he competes in duathlons and be closer to his family. For the past Business.” The dinner included a panel Wendi (Dritz) Carver, BSBA ’83, Odgers says life couldn’t be better. hikes at national parks. five years, he practiced urology in discussion on career opportunities and important global issues. “This event was April 22, 2009, 6 p.m. Rye, NY, has been married for 11 [email protected] [email protected] Florence, SC. [email protected] challenges featuring Jim O’Donnell, another great example of Olin’s strategic years to Mike. They have two THE RITZ-CARLTON, ST.LOUIS children: Micki, 10, and Tommy, 8. BSBA/MBA ’74, president and CEO, focus on expanding the intersection of Michael Berezin, BSBA ’63, Delray Michael Rubinstein, AB ’75/MBA Devon Howe, MBA ’86, Albany, NY, Beach, FL, retired from his position ’76, Highland Park, IL, is chairman has been appointed president and Bush O’Donnell Capital Partners; Sandra faculty, students and business,” she said. For more information, contact Sandy Geraldine Johnson, MBA ’83, of president and owner of David’s of the Anti-Defamation League, CEO at CMP Industries LLC. The Charlotte, NC, completed her Van Trease, EMBA ’92, group president, Jurgenson at [email protected] Foods in 2001 after 30 years of Greater Chicago/Upper Midwest company is a major manufacturer certificate in advanced geospatial Olin’s Young Leaders Program is designed business. He also retired in 2005 Region. of dental laboratory materials BJC HealthCare; and Larry Thomas, BSBA or 314-935-5179. technologies (GIS) from Central from his 13-year position as a finan- and equipment. ’77, partner, Edward Jones. for high-achieving undergraduate and Piedmont Community College in cial adviser at AXA Equitable. He William Hoeg, MBA ’78, New May with a 4.0 GPA. She was graduate students who want to pursue and his wife, Paula, have been Berlin, WI, is a managing member elected treasurer for the SouthEast Jackson Nickerson, Frahm Family an MBA immediately after — or in married for 42 years. They have of WMH Leasing LLC. [email protected] Association of Telecommunications Professor of Organization and Strategy, conjunction with — another degree. three children and six grandchildren.

24 OlinBusiness // 2008 2008 // OlinBusiness 25 ALUMNI CONNECTIONS CLASS NOTES

OUR THANKS to all of you for answering our Larry Odle, BSBA ’79, Denver, is Officers and Advisors (SEATOA). Taylor Speaks at Century Club Business Series president of Rocky Mountain [email protected] request for alumni news. Once again, your response Recycling. [email protected] William Meehling, MBA ’83, As guest speaker for Olin’s December Enterprise celebrated its 50th anniversary has been tremendous. Find out what your class- Paul Sobel, BSBA ’79, Alpharetta, Naperville, IL, is a principal with 2007 Century Club Business Series, by making a long-term commitment to GA, is vice president, internal Harris Investment Management. UPCOMING: mates have been up to since they graduated from Andrew Taylor, chairman and CEO of contribute $50 million to plant 50 million audit, at Mirant Corp. [email protected] * [email protected] Olin Business School. Enterprise Rent-A-Car, trees over the next EVENTS fyi Thomas Spiegelhalter, MBA ’83, encouraged attendees to 50 years in partnership Prospect Heights, IL, is business serve as catalysts for with the National Many of you submitted entries in the spring for our director for ICOM. social and environmental Arbor Day Foundation OLIN TALENT fall issue of OlinBusiness Magazine. Whenever pos- 1980s [email protected] Lee Bernstein, MBA/MHA ’80, change. He outlined and the U.S. Forest Rhonda (Wachtel) Weithman, sible, we adjusted for the time difference, and we’d St. Louis, is executive vice president SUMMITS BSBA ’83, Columbus, OH, has “Corporate Leadership in Service. and chief operating officer at love to hear from you with updates or corrections. worked in the telecommunications Recruit for impact. Join us at one of St. Joseph Hospital in Kirkwood, a the 21st Century — All business since 1984, selling phone member of SSM Health Care. He Business Exists With In addition, Taylor said Olin Business School’s Talent Summits. systems, cellular service, fiber, To submit Class Notes information, fill out the form will lead the hospital’s transition transport, circuits, data gear, PBXs Permission of Society,” Enterprise has more This is a unique opportunity to connect to St. Clare Health Center, which is online at www.olin.wustl.edu/alumni/forms/kit or and now Cisco. She has been with talented students seeking intern- under construction in southwest a subject he says his fuel-efficient cars on married for 15 years and has two St. Louis County. Previously, he was family and company are the road than any ships and full-time positions. on Page 29. children: Josh, 9, and Rachel, 7. vice president of operations and [email protected] “passionate about.” other car rental facilities for Barnes-Jewish Hospital. January 5, 2009 NEW YORK Judith Meador, MBA ’66, St. Louis, company, including a Stephen Fisher, BSBA ’84/MBA CHICAGO 1950s was inducted into the St. Louis Marie Carroll, MBA ’80, St. Louis, Long inspired by Arthur fleet of about 73,000 January 7, 2009 ’85, South Orange, NJ, left a private Thomas Hess, BSBA ’50, Crystal Small Business Administration was recognized by YWCA Metro equity firm to form Hudson Ferry Page, the late AT&T flex-fuel vehicles, January 8, 2009 SILICON City, MO, retired on Jan. 1 after 35 Hall of Fame in May. She sold her St. Louis at the 27th Leader Lunch Capital in 2005. He lives with his years in real estate and 25 years in company, St. Louis Small Business, on Dec. 13, 2007, at the Millennium executive, Taylor said: which run on a blend VALLEY wife, Joanne, and their sons, Max retailing. [email protected] last year and now is retired. Hotel. This event recognizes the “Companies that owe of 85 percent ethanol and Ben. For more information, contact Colleen King contributions of women in the their success to the and 15 percent gas. The Jerry Poe, MBA ’57, Sun Lakes, AZ, Robert Matlock, BSBA ’68, workplace and the community. at [email protected] or 314-935-5950. Robert Golden, MBA ’84, emeritus professor of finance at McKinney, TX, has formed the law public have a mandate company is funding St. Louis, has been promoted to vice Arizona State University, was firm of Woods, May & Matlock PC Princess Elizabeth Ezenwa Okenwa, from the same public to research into alterna- president, mergers and acquisitions, installed in the faculty hall of along with Kay Woods and Marc BSBA ’80, St. Louis, launched a Andrew Taylor at Anheuser-Busch. demonstrate integrity tive fuels with a $25 fame of the W.P. Carey School of May. The firm’s attorneys practice new Web site, the African Business Business on April 8. In 2006, he marital litigation, collaborative Directory and News, at and responsibility in all million gift to the Richard Ritholz, BSBA ’84, was inducted into the hall of fame family law and mediation. www.african-business-directory.com. facets of their business Donald Danforth Short Hills, NJ, joined hedge fund at the Breech School of Business [email protected] princess.eliz@african-business- Elliott Associates. Previously, he conduct.” Plant Science Center, which created the Administration, Drury University. directory.com owned energy trading company Enterprise Rent-A-Car Institute for [email protected] Gary Seigal, AB ’66/MBA ’68, St. Louis, won the gold medal in JMR Energy. As a result, Taylor said Enterprise focuses Renewable Fuels. Stuart Manewith, BSBA ’81, William Robinson, BSBA ’59, racquetball singles for ages 60-64 St. Louis, is a senior business Jeff Rosenkranz, BSBA ’84, on environmental stewardship and sus- Naples, FL, was elected chairman in the St. Louis Senior Olympics solutions manager at Blackbaud, Glencoe, IL, has retired as head of of the board for Child Care of in May. the country’s largest technology tainability. This effort isn’t driven simply “Building a successful sustainability effort mergers and acquisitions for Piper Southwest Florida, a full-service company that serves exclusively by altruism, Taylor emphasized. “It’s based doesn’t mean trying to save the world,” Jaffray. He had been with the agency operating 13 childcare and nonprofit organizations. company for five years and previously in enlightened self-interest. These days, Taylor added. “But what we can and after-school programs in five coun- [email protected] spent 14 years with Merrill Lynch. He ties in southwest Florida. He also 1970s companies that aren’t active participants certainly should do is look for meaningful and his wife, Lisa Kaplan Rosenkranz, serves as chairman of the board for Vaughn Meglan, MBA ’81, in this discussion risk being left behind by ways to address the parts of the world Richard Wieland II, MBA ’70, BSBA ’82, have two sons. the Foundation for Quality Child Chicago, recently became chief Frederick, MD, is vice president, customers, employees and others who will that are touched by our business.” The Olin Talent Summits are events Care. [email protected] accounting, at Ore Pharmaceuticals. financial officer at Cytochroma. Bernard Doering, MBA ’85, designed to connect alumni and employers [email protected] control their destinies.” Amsterdam, Netherlands, is a Del Schwinke, BSBA ’59, St. Louis, in select cities with Olin Business School Veselina (Lekich) Jovanovic, BSBA strategic account director for Nike. is the newly elected president of ’73, St. Louis, is a budget analyst for Brenda (Bradley) Stiehl, BSBA ’81, students interested in working for firms in the Ad Club of St. Louis. San Diego, joined TriTech Software the Washington University School David Lustberg, BSBA ’85, Weston, those areas. See upcoming dates above. [email protected] Systems as a controller. moderated the discussion in front of an of Medicine. CT, is president of DRM Search [email protected] [email protected] Alumni Panelists audience of top-level recruiters, Olin Group. [email protected] Eric Wapnick, BSBA ’82, Oak Park, faculty, administrators and MBA students. Daniel Hazard, BSBA ’75, Todd Brown, PMBA ’86, Telluride, Address Olin Young CA, moved to Southern California 1960s Huntington Beach, CA, has worked CO, has become president and COO with his wife, Pam, vice president OLIN’S DISTINGUISHED Joseph Odgers, BSBA ’60, Santa as a branch manager with LPL of UniquePak. He divides his time Dorothy Kittner, Olin’s director of corporate and treasurer at Amgen, and Leaders Association Barbara, CA, retired in 1995 and Financial Services for 10 years. He among Chicago, Telluride and Paris. ALUMNI AWARDS daughters, Samantha, 9, and Sarena, relations, says the panelists advised moved four years ago to Santa specializes in retirement plans for [email protected] 5. Wapnick is a tax specialist and students to develop their critical-thinking Barbara. He serves on several businesses and high-net-worth indi- In February, the student-led Olin Young DINNER looks forward to hearing from community organization boards viduals. Hazard is a board member Dr. Scott Cohen, BSBA/BSEP ’86, Leaders Association held its inaugural skills, work as a team to use everyone’s other Southland alumni. Honors distinguished Olin alumni, and has many new friends. He for the YMCA and a Venture Scout Oakwood, OH, has joined Kettering event: “Managing the Changing Face of best talents, take charge of their own adviser. Besides family activities and [email protected] friends and faculty. enjoys lawn bowling and is serving Medical Center in Dayton, OH, to career progression and stay up to speed on as a lawn bowling club president. trips, he competes in duathlons and be closer to his family. For the past Business.” The dinner included a panel Wendi (Dritz) Carver, BSBA ’83, Odgers says life couldn’t be better. hikes at national parks. five years, he practiced urology in discussion on career opportunities and important global issues. “This event was April 22, 2009, 6 p.m. Rye, NY, has been married for 11 [email protected] [email protected] Florence, SC. [email protected] challenges featuring Jim O’Donnell, another great example of Olin’s strategic years to Mike. They have two THE RITZ-CARLTON, ST.LOUIS children: Micki, 10, and Tommy, 8. BSBA/MBA ’74, president and CEO, focus on expanding the intersection of Michael Berezin, BSBA ’63, Delray Michael Rubinstein, AB ’75/MBA Devon Howe, MBA ’86, Albany, NY, Beach, FL, retired from his position ’76, Highland Park, IL, is chairman has been appointed president and Bush O’Donnell Capital Partners; Sandra faculty, students and business,” she said. For more information, contact Sandy Geraldine Johnson, MBA ’83, of president and owner of David’s of the Anti-Defamation League, CEO at CMP Industries LLC. The Charlotte, NC, completed her Van Trease, EMBA ’92, group president, Jurgenson at [email protected] Foods in 2001 after 30 years of Greater Chicago/Upper Midwest company is a major manufacturer certificate in advanced geospatial Olin’s Young Leaders Program is designed business. He also retired in 2005 Region. of dental laboratory materials BJC HealthCare; and Larry Thomas, BSBA or 314-935-5179. technologies (GIS) from Central from his 13-year position as a finan- and equipment. ’77, partner, Edward Jones. for high-achieving undergraduate and Piedmont Community College in cial adviser at AXA Equitable. He William Hoeg, MBA ’78, New May with a 4.0 GPA. She was graduate students who want to pursue and his wife, Paula, have been Berlin, WI, is a managing member elected treasurer for the SouthEast Jackson Nickerson, Frahm Family an MBA immediately after — or in married for 42 years. They have of WMH Leasing LLC. [email protected] Association of Telecommunications Professor of Organization and Strategy, conjunction with — another degree. three children and six grandchildren.

24 OlinBusiness // 2008 2008 // OlinBusiness 25 CLASS NOTES

Theresa (Lynch) Ruzicka, MBA ’86, Laurence Hillman, AB ’86/MBA/ Command and General Staff College Edwin Casteel, MBA ’91, Tulsa, OK, Steve Hughes, MBA ’93, Mel Marten, BSBA ’94, Curtis Blanc, BSBA ’96, Kansas City, University campus last fall and have St. Louis, joined RubinBrown in MCM ’88, St. Louis, has published (ILE) as a Reserve officer in June. is director of managed care for St. Louis, launched a Web site, Miami, FL, started a new company, MO, is a managing attorney for their funds ready! Katie Rose is 5 October 2007 as the partner in his second book on astrology with [email protected] Saint Francis Health System. His www.mystandingo.com, designed ClaroConnect, to better match Kansas City Power & Light Co. and Jack is 4. twin- charge of the Small Business Group. Tarcher/Penguin. He also writes CPA exam score made him a Silver as a video-based online learning people to investment advisers and He and his wife, Nicole, have two [email protected] a monthly column at www.artinfo. Pravin Rao, MBA ’89, Oak Park, IL, Award winner for Oklahoma. environment that helps professionals other financial professionals. The children: Alex, 5, and Noah, 2. James Selberg, MBA ’86, com and can be visited at joined the law firm of Perkins Coie [email protected] polish their speaking skills. He Web site is www.claroconnect.com. [email protected] Nicole (LeClair) Wartchow, BSBA Memphis, TN, is chief financial www.planetsinplay.com. LLP in Chicago as a partner in published his first book, “The 5- Marten would love to hear from ’97, London, relocated to London officer for Intrepid Aviation the litigation practice, where he Yair Sakov, MBA ’91, Israel, is vice Minute Speaker: 97 Quick Ways Olin friends. Dan Brotman, MBA/MHA ’96, in July 2007 with her husband, Management LLC. Gregory Strauss, BSBA ’86/MBA represents public companies, offi- president, business development, to Improve Your Presentations,” [email protected] Austin, TX, is a self-employed Robert. She sold her financial plan- [email protected] ’88, St. Louis, left Coca-Cola to cers and directors, broker-dealers, and general manager, wireless and his professional speaking and search-engine marketing consultant. ning practice and has joined the become North American vice registered representatives, and business unit, for Gilat Network training company, Hit Your Stride Thomas Moore, SI ’83/EMBA ’94, [email protected] wine business, having completed Curtis Chambers, MBA ’87, Largo, president of sales and business other institutions and individuals. Systems in Israel. LLC, continues to grow. St. Louis, received his doctorate in her intermediate- and advanced- FL, is a financial adviser with development at Fleischmann’s He is returning to the private sector organization and management from Edward Clukey, PMBA ’96, San level WSET (Wine & Spirit Edward Jones. He is married Yeast. He and his wife, Dana, have after lengthy public service as a Kirstin (Baum) Sumner, BSBA Michael Kollins, BSBA ’93, Hong Capella University in August 2007. Antonio, TX, is co-owner of Education Trust) courses. She now with two children. two children: Caroline, 5, and prosecutor with the United States ’91/JD ’00, Chicago, is associate Kong, is managing director for His research focused on virtual Millennia Cabinetry, a commercial works for a London wine retailer. [email protected] Gregory Jr., 4. He’s looking forward Attorney’s Office, the Securities general counsel of Brookdale Senior Morgan Stanley Investment teams in new-product development. millwork company that he joined in [email protected] to seeing everyone from the MBA and Exchange Commission, and Living, a leading senior housing Management and has been Moore is a distinguished engineer- 1996 and later bought. It received Anne (Tanhoff) Greenspoon, BSBA Class of ’88 again at the 20th the Cook County State’s Attorney’s company. Her husband, Scott, is appointed chief operating officer ing fellow with Bausch & Lomb. the 2006 Jeffrey Butland Family- Dongmei Zhang, MBA ’97, St. Louis, ’87, Owings Mills, MD, has returned reunion! [email protected] Office in Chicago. manager of quality and technology of the investment management Previously, he served as the Owned Business of the Year is a manager, strategic analysis, for to her hometown of Baltimore. [email protected] for Accretive Health, a revenue division in Asia. company’s vice president, design Award from the Small Business Monsanto. She is married with two She is director of admissions for Francis Wagner Jr., EMBA ’88, cycle management consulting firm. and development. Administration for South Central sons: Justin, 7, and Jared, 4. Shoshana S. Cardin Independent St. Louis, is retired. James Waites, PMBA ’89, St. Louis, [email protected] Todd Purdy, BSBA ’93/MBA ’97, [email protected] Texas. He and his wife, Rosamaria, [email protected] Jewish High School. She and her [email protected] is managing director at IDS Scheer. St. Louis, is vice president, treasury have four children. [email protected] husband, Rabbi David Greenspoon, Harsono Sutanto, MBA ’91, services, at the Federal Reserve Chet Robinson, MBA ’94, Dayton, Justin Hult, MBA ’98/BSCE ’99, have two sons: Miles, 13, and Micah, Donald Woodruff, MBA/SI ’88, Surabaya, Indonesia, works for Bank of St. Louis. OH, released his sixth novel, “The Stewart Hsu, BSBA ’96, San San Francisco, was promoted to 10. [email protected] Fort Dodge, IA, earned the DBIA UBS AG, a private bank. He and his [email protected] Things We Do for Love,” in March Francisco, is founder and principal director of operations and chief designation from the DesignBuild 1990s wife, Peggy, have a 14-year-old under the pseudonym Xavier Knight. of Brightwater Investment Group. compliance officer of Salient William Osbourn, BSBA ’87, Institute of America while serving daughter and 9-year-old son. Takeshi Yamakawa, MBA ’93, He is a marketing communications The firm acquires, invests in and Wealth Management LLC. He William Bauer, BSBA ’90/EN ’94, Charlotte, NC, was promoted to as president of Woodruf [email protected] Philadelphia, is president and CEO manager at Teradata Corp. He and operates apartment buildings in oversees the team responsible for St. Louis, was promoted to business senior vice president and controller Construction LLC, a midsized of Genji, a company that sells his wife, Kyra, have a 2-year-old U.S. growth markets. It currently client transitioning, investment manager of occupational therapy of Time Warner Cable. In his new design-build general contractor in Dr. Carey Weiss, EMBA ’91, sushi and Japanese-inspired food daughter, Kennedi. manages more than 200 units in planning, and ongoing client service at Washington University in role, Osbourn will oversee the Fort Dodge, Ames and Iowa City. Santa Fe, NM, is clinical director at upscale supermarkets. The [email protected] Dallas and is looking to increase and reporting. As part of Salient’s November 2005. His previous posi- company’s operations accounting, [email protected] of anesthesiology for Sheridan company has 83 stores, located on that number to 500 by the end of investment committee, he helps tion was finance and information external financial reporting, Healthcare. Although Sheridan is the East Coast and in London, and Marty Rudin, MBA ’94, Peoria, IL, the year. [email protected] shape the firm’s guiding investment systems manager. Bauer has worked Sarbanes-Oxley compliance, devel- Henry Bass, EN/MBA ’89, based in Florida, it provides hospi- hopes to increase that number. was promoted to senior transaction strategies and policies. He also is for the University for 18 years. opment and implementation of Christiansburg, VA, is celebrating tal-based physician services across [email protected] manager in Caterpillar’s mergers Oscar Huang, MBA ’96, the firm’s in-house fiduciary expert, [email protected] accounting policies and procedures, 12 years of Web software develop- the country and is one of the largest and acquisitions group. Rudin, his Los Angeles, CA, is general manager having recently completed his and shared services. ment at Automation Creations private providers of anesthesia Todd Bendis, BSBA ’94, Columbus, wife, Debbie, and their family would for Kenwon. [email protected] Accredited Investment Fiduciary Victor Dawson, EMBA ’90, (www.aciwebs.com) and more services in the United States. He OH, was named general manager like to extend greetings to the MBA Analyst (AIFA) designation. Highlands Ranch, CO, founded a than 67,000 materials at www. continues to reside in Santa Fe. of Greif Inc.’s load securement Class of 1995, especially his study Patrick McNab, MBA ’96, London, [email protected] global product-sourcing company in matweb.com. He completed [email protected] division, a business that provides group, “The Blanket.” is an executive director at JPMorgan, 2004 that specializes in Asian and solutions that protect its customers’ where he has worked since 1997. Heather (Rogers) Karimi, MBA ’98, Latin American markets. He has Scott Fancher, SI ’84/EMBA ’92, shipments during transit. Bendis Don Winter, EMBA ’94, St. Louis, Denver, CO, is account manager for been married to Nan for 34 years. Hampton Cove, AL, was promoted and his wife, Cheryl (Bechky) is vice president of engineering and Conrad Steinmann, MBA ’96, Affiliated Computer Services. His daughter, Amanda, married Pat to vice president and general man- Bendis, BSBA ’93, reside in information technology for Boeing. New York, is vice president, Alumni Making a Difference Day on Aug. 31, 2007, and his son, ager, Missile Defense Systems, at Columbus with their two girls: [email protected] treasury services, at The Bank of Taekil Kim, MBA ’98, Paramus, Michael, is working for Dawson’s Boeing. In his new position, he over- Abby, 7, and Amanda, 5. New York Mellon. NJ, is senior vice president at company and finishing college. sees 3,900 people in nine major Libby Hartman, MBA/MSW ’95, Shinhan Bank. [email protected] n 1990, friends persuaded operating locations that provide inte- Karen (Palmer) Bland, MBA ’94, Seattle, joined Microsoft’s customer George Van Antwerp, MBA/MArch grated missile defense solutions for St. Louis, and her family moved service and support organization ’96, St. Louis, works at Silverlink Marc Packman, BSBA ’98, Steven Segal, BSBA ’82, Victoria Gonzalez, MBA ’90, all phases of ballistic missile threats. back to St. Louis after 10 years in as a director in its strategy group. Communications, a Boston health Short Hills, NJ, was promoted to to ride a cheap 10-speed St. Louis, has been appointed I Chicago and Minneapolis. [email protected] care technology company, where managing director of Cushman president and chief executive bicycle in the Pan-Mass Jennifer (Gladstone) Peljovich, BSBA [email protected] he leads the pharmacy and custom and Wakefield, a leading real estate officer at the Nidus Center for Challenge, a two-day ’92, Baltimore, is the morning anchor Takashi Mikkaichi, PMBA ’95, solutions areas. His oldest child is services firm in New York City. Scientific Enterprise. fundraiser for the Dana-Farber for the Fox affiliate in Baltimore. Paul Carlson, MBA ’94, St. Louis, Tokyo, is a managing director at entering second grade and his He and his wife, Natalie (Richards) is director, Alliance Programs, Goldman Sachs Japan. youngest is turning 5 this fall. Van Packman, BSBA ’98, moved to Short Cancer Institute in Boston. Matt Levenson, BSBA ’90, St. Louis, Corey Rosemond, BSBA ’92, at TALX. Antwerp would love to hear from Hills from Manhattan in 2006 with is vice president of two national Redmond, WA, is group marketing Eric Schaefer, BSBA ’95, Scottsdale, his classmates. Read his blog at their son, Noah, 3. Natalie left her retail specialty contracting busi- But the event got a lot more manager in Microsoft’s Xbox Matthias Damm, MBA ’94, AZ, is a principal at Schaefer & www.georgevanantwerp.com. position as a corporate attorney to nesses. He and his wife, Angela, Global Marketing Division. Hamburg, Germany, works for Associates, a commercial real [email protected] stay home full time. personal for Segal in the have been married for nine years. [email protected] DVA International. estate firm, where he works with [email protected] years that followed: Two They have three children: Alec, 7; [email protected] his father, Donald Schaefer, BSBA Tim Whittle, BSBA ’96, St. Louis, Aaron, 4; and Aidan, 3. Levenson business school friends died of cancer, and his mother and James Stokes, PMBA ’92, Denver, ’65. The firm manages a portfolio is an assistant basketball coach for Julie (Ringold) Price, MBA ’98, says he always enjoys catching up CO, is self-employed. Susan (Kleine) Fishbein, MBA/JD of more than 40 commercial prop- the Washington University men’s Houston, and her husband, Andrew, another friend were diagnosed with cancer. After more than a with old friends via e-mail. decade of pedaling in the Challenge, he was joined by his wife, ’94, St. Louis, recently became erties throughout the Southwestern basketball team. The team was have two children: Lindsey, 5, and Russell Chrusciel, BSBA ’93, chief counsel of Global Brass and United States. Eric and his wife, last season’s Division III national Lillian, 3. [email protected] Larry Teitelbaum, BSBA ’90, West Ellen, BSBA ’82, whose mother died of breast cancer in 2004. Geneva, IL, is account manager for Copper Inc., a company formed Nora, have a son and a daughter. champion. [email protected] Harrison, NY, is senior vice presi- Ellen learned she had breast cancer in 2006. SunGard Data Systems and spends from the sale of the metals business [email protected] Edmund Tunney Jr., EMBA ’98, dent at ING Clarion, where he raises most of his free time managing the of Olin Corp. Kerry (Soffar) Kaplan, BSBA ’97, Minneapolis, is a regional capital from institutional investors. lives of his four little girls. [email protected] Adam Stanley, BSBA ’95, Chicago, Washington, D.C., was promoted director for DHL. edmundtun- Segal, a special limited partner for J.W. Childs Associates and an He and his wife, Diane, have three [email protected] was appointed global chief technol- to director, member services, at [email protected] boys, Jake, Max and Will. instructor in private equity and leveraged buyouts at Boston Craig Hartman, MBA ’94, Chicago, ogy officer of Aon Corp., one of the Corporate Executive Board. She [email protected] University School of Management, rides for Dana-Farber’s The Catherine (Cornell) French, was promoted to senior managing world’s largest risk management, and her husband, Scott, bought a Mitchell Whiteman, BSBA ’98, PMBA ’93, St. Louis, is senior director at Cisco Systems. He is reinsurance and human-capital house in Springfield, VA in March. Baltimore, is with Brown Advisory, Jimmy Fund. To date, he has raised more than $1 million for its Amos Aldaag, MBA ’91, Kfar- vice president at Citi. cather- responsible for the global manufac- management firms, with employees [email protected] where he assists individuals and cancer research and patient care. Shmaryahu, Israel, is a Boeing 747 [email protected] turing sector within the company’s in 120 countries. He has direct families with financial advice. captain for El-Al Israel Airlines. Internet Business Solutions Group. reports on several continents and Amy (Capstack) Rogers, BSBA ’97, Ellen, now cancer-free, recently organized cancer fundraisers Stephen Henke, AB/MBA ’93, [email protected] is enjoying becoming familiar with Orange County, CA, is a biotechnology Ramelia Williams, BSBA ’98, Steven Carr, BSBA ’91, Atlanta, Franklin, TN, is a software the various cultures. sales representative for Genentech Chicago, was part of the National in Boston that raised approximately $750,000. left California in March and now developer for Healthways. Edmund Kamm, MBA ’94, London, and loves every minute of it. She, Association of Realtors “30 under resides in Atlanta. [email protected] is chief operating officer for last her husband, Chris, and their 30” agents poised for success in the [email protected] minute.com (Travelocity Europe). children toured the Washington industry. In January, she published

26 OlinBusiness // 2008 2008 // OlinBusiness 27 CLASS NOTES

Theresa (Lynch) Ruzicka, MBA ’86, Laurence Hillman, AB ’86/MBA/ Command and General Staff College Edwin Casteel, MBA ’91, Tulsa, OK, Steve Hughes, MBA ’93, Mel Marten, BSBA ’94, Curtis Blanc, BSBA ’96, Kansas City, University campus last fall and have St. Louis, joined RubinBrown in MCM ’88, St. Louis, has published (ILE) as a Reserve officer in June. is director of managed care for St. Louis, launched a Web site, Miami, FL, started a new company, MO, is a managing attorney for their funds ready! Katie Rose is 5 October 2007 as the partner in his second book on astrology with [email protected] Saint Francis Health System. His www.mystandingo.com, designed ClaroConnect, to better match Kansas City Power & Light Co. and Jack is 4. twin- charge of the Small Business Group. Tarcher/Penguin. He also writes CPA exam score made him a Silver as a video-based online learning people to investment advisers and He and his wife, Nicole, have two [email protected] a monthly column at www.artinfo. Pravin Rao, MBA ’89, Oak Park, IL, Award winner for Oklahoma. environment that helps professionals other financial professionals. The children: Alex, 5, and Noah, 2. James Selberg, MBA ’86, com and can be visited at joined the law firm of Perkins Coie [email protected] polish their speaking skills. He Web site is www.claroconnect.com. [email protected] Nicole (LeClair) Wartchow, BSBA Memphis, TN, is chief financial www.planetsinplay.com. LLP in Chicago as a partner in published his first book, “The 5- Marten would love to hear from ’97, London, relocated to London officer for Intrepid Aviation the litigation practice, where he Yair Sakov, MBA ’91, Israel, is vice Minute Speaker: 97 Quick Ways Olin friends. Dan Brotman, MBA/MHA ’96, in July 2007 with her husband, Management LLC. Gregory Strauss, BSBA ’86/MBA represents public companies, offi- president, business development, to Improve Your Presentations,” [email protected] Austin, TX, is a self-employed Robert. She sold her financial plan- [email protected] ’88, St. Louis, left Coca-Cola to cers and directors, broker-dealers, and general manager, wireless and his professional speaking and search-engine marketing consultant. ning practice and has joined the become North American vice registered representatives, and business unit, for Gilat Network training company, Hit Your Stride Thomas Moore, SI ’83/EMBA ’94, [email protected] wine business, having completed Curtis Chambers, MBA ’87, Largo, president of sales and business other institutions and individuals. Systems in Israel. LLC, continues to grow. St. Louis, received his doctorate in her intermediate- and advanced- FL, is a financial adviser with development at Fleischmann’s He is returning to the private sector organization and management from Edward Clukey, PMBA ’96, San level WSET (Wine & Spirit Edward Jones. He is married Yeast. He and his wife, Dana, have after lengthy public service as a Kirstin (Baum) Sumner, BSBA Michael Kollins, BSBA ’93, Hong Capella University in August 2007. Antonio, TX, is co-owner of Education Trust) courses. She now with two children. two children: Caroline, 5, and prosecutor with the United States ’91/JD ’00, Chicago, is associate Kong, is managing director for His research focused on virtual Millennia Cabinetry, a commercial works for a London wine retailer. [email protected] Gregory Jr., 4. He’s looking forward Attorney’s Office, the Securities general counsel of Brookdale Senior Morgan Stanley Investment teams in new-product development. millwork company that he joined in [email protected] to seeing everyone from the MBA and Exchange Commission, and Living, a leading senior housing Management and has been Moore is a distinguished engineer- 1996 and later bought. It received Anne (Tanhoff) Greenspoon, BSBA Class of ’88 again at the 20th the Cook County State’s Attorney’s company. Her husband, Scott, is appointed chief operating officer ing fellow with Bausch & Lomb. the 2006 Jeffrey Butland Family- Dongmei Zhang, MBA ’97, St. Louis, ’87, Owings Mills, MD, has returned reunion! [email protected] Office in Chicago. manager of quality and technology of the investment management Previously, he served as the Owned Business of the Year is a manager, strategic analysis, for to her hometown of Baltimore. [email protected] for Accretive Health, a revenue division in Asia. company’s vice president, design Award from the Small Business Monsanto. She is married with two She is director of admissions for Francis Wagner Jr., EMBA ’88, cycle management consulting firm. and development. Administration for South Central sons: Justin, 7, and Jared, 4. Shoshana S. Cardin Independent St. Louis, is retired. James Waites, PMBA ’89, St. Louis, [email protected] Todd Purdy, BSBA ’93/MBA ’97, [email protected] Texas. He and his wife, Rosamaria, [email protected] Jewish High School. She and her [email protected] is managing director at IDS Scheer. St. Louis, is vice president, treasury have four children. [email protected] husband, Rabbi David Greenspoon, Harsono Sutanto, MBA ’91, services, at the Federal Reserve Chet Robinson, MBA ’94, Dayton, Justin Hult, MBA ’98/BSCE ’99, have two sons: Miles, 13, and Micah, Donald Woodruff, MBA/SI ’88, Surabaya, Indonesia, works for Bank of St. Louis. OH, released his sixth novel, “The Stewart Hsu, BSBA ’96, San San Francisco, was promoted to 10. [email protected] Fort Dodge, IA, earned the DBIA UBS AG, a private bank. He and his [email protected] Things We Do for Love,” in March Francisco, is founder and principal director of operations and chief designation from the DesignBuild 1990s wife, Peggy, have a 14-year-old under the pseudonym Xavier Knight. of Brightwater Investment Group. compliance officer of Salient William Osbourn, BSBA ’87, Institute of America while serving daughter and 9-year-old son. Takeshi Yamakawa, MBA ’93, He is a marketing communications The firm acquires, invests in and Wealth Management LLC. He William Bauer, BSBA ’90/EN ’94, Charlotte, NC, was promoted to as president of Woodruf [email protected] Philadelphia, is president and CEO manager at Teradata Corp. He and operates apartment buildings in oversees the team responsible for St. Louis, was promoted to business senior vice president and controller Construction LLC, a midsized of Genji, a company that sells his wife, Kyra, have a 2-year-old U.S. growth markets. It currently client transitioning, investment manager of occupational therapy of Time Warner Cable. In his new design-build general contractor in Dr. Carey Weiss, EMBA ’91, sushi and Japanese-inspired food daughter, Kennedi. manages more than 200 units in planning, and ongoing client service at Washington University in role, Osbourn will oversee the Fort Dodge, Ames and Iowa City. Santa Fe, NM, is clinical director at upscale supermarkets. The [email protected] Dallas and is looking to increase and reporting. As part of Salient’s November 2005. His previous posi- company’s operations accounting, [email protected] of anesthesiology for Sheridan company has 83 stores, located on that number to 500 by the end of investment committee, he helps tion was finance and information external financial reporting, Healthcare. Although Sheridan is the East Coast and in London, and Marty Rudin, MBA ’94, Peoria, IL, the year. [email protected] shape the firm’s guiding investment systems manager. Bauer has worked Sarbanes-Oxley compliance, devel- Henry Bass, EN/MBA ’89, based in Florida, it provides hospi- hopes to increase that number. was promoted to senior transaction strategies and policies. He also is for the University for 18 years. opment and implementation of Christiansburg, VA, is celebrating tal-based physician services across [email protected] manager in Caterpillar’s mergers Oscar Huang, MBA ’96, the firm’s in-house fiduciary expert, [email protected] accounting policies and procedures, 12 years of Web software develop- the country and is one of the largest and acquisitions group. Rudin, his Los Angeles, CA, is general manager having recently completed his and shared services. ment at Automation Creations private providers of anesthesia Todd Bendis, BSBA ’94, Columbus, wife, Debbie, and their family would for Kenwon. [email protected] Accredited Investment Fiduciary Victor Dawson, EMBA ’90, (www.aciwebs.com) and more services in the United States. He OH, was named general manager like to extend greetings to the MBA Analyst (AIFA) designation. Highlands Ranch, CO, founded a than 67,000 materials at www. continues to reside in Santa Fe. of Greif Inc.’s load securement Class of 1995, especially his study Patrick McNab, MBA ’96, London, [email protected] global product-sourcing company in matweb.com. He completed [email protected] division, a business that provides group, “The Blanket.” is an executive director at JPMorgan, 2004 that specializes in Asian and solutions that protect its customers’ where he has worked since 1997. Heather (Rogers) Karimi, MBA ’98, Latin American markets. He has Scott Fancher, SI ’84/EMBA ’92, shipments during transit. Bendis Don Winter, EMBA ’94, St. Louis, Denver, CO, is account manager for been married to Nan for 34 years. Hampton Cove, AL, was promoted and his wife, Cheryl (Bechky) is vice president of engineering and Conrad Steinmann, MBA ’96, Affiliated Computer Services. His daughter, Amanda, married Pat to vice president and general man- Bendis, BSBA ’93, reside in information technology for Boeing. New York, is vice president, Alumni Making a Difference Day on Aug. 31, 2007, and his son, ager, Missile Defense Systems, at Columbus with their two girls: [email protected] treasury services, at The Bank of Taekil Kim, MBA ’98, Paramus, Michael, is working for Dawson’s Boeing. In his new position, he over- Abby, 7, and Amanda, 5. New York Mellon. NJ, is senior vice president at company and finishing college. sees 3,900 people in nine major Libby Hartman, MBA/MSW ’95, Shinhan Bank. [email protected] n 1990, friends persuaded operating locations that provide inte- Karen (Palmer) Bland, MBA ’94, Seattle, joined Microsoft’s customer George Van Antwerp, MBA/MArch grated missile defense solutions for St. Louis, and her family moved service and support organization ’96, St. Louis, works at Silverlink Marc Packman, BSBA ’98, Steven Segal, BSBA ’82, Victoria Gonzalez, MBA ’90, all phases of ballistic missile threats. back to St. Louis after 10 years in as a director in its strategy group. Communications, a Boston health Short Hills, NJ, was promoted to to ride a cheap 10-speed St. Louis, has been appointed I Chicago and Minneapolis. [email protected] care technology company, where managing director of Cushman president and chief executive bicycle in the Pan-Mass Jennifer (Gladstone) Peljovich, BSBA [email protected] he leads the pharmacy and custom and Wakefield, a leading real estate officer at the Nidus Center for Challenge, a two-day ’92, Baltimore, is the morning anchor Takashi Mikkaichi, PMBA ’95, solutions areas. His oldest child is services firm in New York City. Scientific Enterprise. fundraiser for the Dana-Farber for the Fox affiliate in Baltimore. Paul Carlson, MBA ’94, St. Louis, Tokyo, is a managing director at entering second grade and his He and his wife, Natalie (Richards) is director, Alliance Programs, Goldman Sachs Japan. youngest is turning 5 this fall. Van Packman, BSBA ’98, moved to Short Cancer Institute in Boston. Matt Levenson, BSBA ’90, St. Louis, Corey Rosemond, BSBA ’92, at TALX. Antwerp would love to hear from Hills from Manhattan in 2006 with is vice president of two national Redmond, WA, is group marketing Eric Schaefer, BSBA ’95, Scottsdale, his classmates. Read his blog at their son, Noah, 3. Natalie left her retail specialty contracting busi- But the event got a lot more manager in Microsoft’s Xbox Matthias Damm, MBA ’94, AZ, is a principal at Schaefer & www.georgevanantwerp.com. position as a corporate attorney to nesses. He and his wife, Angela, Global Marketing Division. Hamburg, Germany, works for Associates, a commercial real [email protected] stay home full time. personal for Segal in the have been married for nine years. [email protected] DVA International. estate firm, where he works with [email protected] years that followed: Two They have three children: Alec, 7; [email protected] his father, Donald Schaefer, BSBA Tim Whittle, BSBA ’96, St. Louis, Aaron, 4; and Aidan, 3. Levenson business school friends died of cancer, and his mother and James Stokes, PMBA ’92, Denver, ’65. The firm manages a portfolio is an assistant basketball coach for Julie (Ringold) Price, MBA ’98, says he always enjoys catching up CO, is self-employed. Susan (Kleine) Fishbein, MBA/JD of more than 40 commercial prop- the Washington University men’s Houston, and her husband, Andrew, another friend were diagnosed with cancer. After more than a with old friends via e-mail. decade of pedaling in the Challenge, he was joined by his wife, ’94, St. Louis, recently became erties throughout the Southwestern basketball team. The team was have two children: Lindsey, 5, and Russell Chrusciel, BSBA ’93, chief counsel of Global Brass and United States. Eric and his wife, last season’s Division III national Lillian, 3. [email protected] Larry Teitelbaum, BSBA ’90, West Ellen, BSBA ’82, whose mother died of breast cancer in 2004. Geneva, IL, is account manager for Copper Inc., a company formed Nora, have a son and a daughter. champion. [email protected] Harrison, NY, is senior vice presi- Ellen learned she had breast cancer in 2006. SunGard Data Systems and spends from the sale of the metals business [email protected] Edmund Tunney Jr., EMBA ’98, dent at ING Clarion, where he raises most of his free time managing the of Olin Corp. Kerry (Soffar) Kaplan, BSBA ’97, Minneapolis, is a regional capital from institutional investors. lives of his four little girls. [email protected] Adam Stanley, BSBA ’95, Chicago, Washington, D.C., was promoted director for DHL. edmundtun- Segal, a special limited partner for J.W. Childs Associates and an He and his wife, Diane, have three [email protected] was appointed global chief technol- to director, member services, at [email protected] boys, Jake, Max and Will. instructor in private equity and leveraged buyouts at Boston Craig Hartman, MBA ’94, Chicago, ogy officer of Aon Corp., one of the Corporate Executive Board. She [email protected] University School of Management, rides for Dana-Farber’s The Catherine (Cornell) French, was promoted to senior managing world’s largest risk management, and her husband, Scott, bought a Mitchell Whiteman, BSBA ’98, PMBA ’93, St. Louis, is senior director at Cisco Systems. He is reinsurance and human-capital house in Springfield, VA in March. Baltimore, is with Brown Advisory, Jimmy Fund. To date, he has raised more than $1 million for its Amos Aldaag, MBA ’91, Kfar- vice president at Citi. cather- responsible for the global manufac- management firms, with employees [email protected] where he assists individuals and cancer research and patient care. Shmaryahu, Israel, is a Boeing 747 [email protected] turing sector within the company’s in 120 countries. He has direct families with financial advice. captain for El-Al Israel Airlines. Internet Business Solutions Group. reports on several continents and Amy (Capstack) Rogers, BSBA ’97, Ellen, now cancer-free, recently organized cancer fundraisers Stephen Henke, AB/MBA ’93, [email protected] is enjoying becoming familiar with Orange County, CA, is a biotechnology Ramelia Williams, BSBA ’98, Steven Carr, BSBA ’91, Atlanta, Franklin, TN, is a software the various cultures. sales representative for Genentech Chicago, was part of the National in Boston that raised approximately $750,000. left California in March and now developer for Healthways. Edmund Kamm, MBA ’94, London, and loves every minute of it. She, Association of Realtors “30 under resides in Atlanta. [email protected] is chief operating officer for last her husband, Chris, and their 30” agents poised for success in the [email protected] minute.com (Travelocity Europe). children toured the Washington industry. In January, she published

26 OlinBusiness // 2008 2008 // OlinBusiness 27 CLASS NOTES

“Seeds to Grow Success: Foundational James Stamatis, MBA ’99, well as awards for the homes it has ’02/MSW ’04, have two children: Cassandra (Isaacson) Kirchner, record labels and divisions. Tools for the Rookie Real Estate Thousand Oaks, CA, is a director designed and built. Seth, 2, and Shiloh, 9 months. PMBA ’02, St. Louis, is senior [email protected] Agent to Build a Profitable in the mergers and acquisitions [email protected] [email protected] finance manager at Express Scripts. Career Change? Promotion? Business,” available at www.rookie group at Amgen. He previously [email protected] Susan (Hanlon) Hemminghaus, agentbootcamp.com. This Web spent six years at Eli Lilly. Stephen Welker, EMBA ’00, Bryan Rukin, BSBA ’01, New York, PMBA ’03, St. Louis, is a financial site is the newest addition to her [email protected] St. Louis, is general manager at is vice president at Goldman Sachs. Paul LeBar, EMBA ’02, Colorado adviser for Edward Jones. Got Married? New Child? business enterprise. Crosslink. [email protected] [email protected] Springs, CO, is vice president and [email protected] Joseph Thum, PMBA ’99, St. Louis, general counsel for ITT, Systems Alex Hill, MBA ’03, Berkeley, CA, is national accounts manager for Suan Yeo, BSBA ’00, Singapore, Timothy Spiker, BSEE ’95/PMBA Division. [email protected] has worked for the U.S. Postal Share your news with fellow alumni. Go online to Jay Wolz, EMBA ’98, Cape Emerson, White-Rodgers Division. is working as a headhunter in the ’01, Suwanee, GA, is developing Service since 2004. He would like Girardeau, MO, is supervisor of [email protected] banking industry after a six-month media strategy for a leadership Nick Rahman, BSBA ’02/MBA ’03, friends to contact him if they’re in www.olin.wustl.edu/alumni/forms/kit market management at Southeast trip around South America. She consulting firm. Miami, is senior manager, strategic the Bay Area. [email protected] Missouri Hospital. He oversees Katsuyuki Yamashita, MBA ’99, would like anyone traveling through [email protected] planning and finance, at Boca or complete this form and send to: the hospital’s call center and Nagoya, Japan, is pursuing a Asia to e-mail her a note. Developers. [email protected] Timothy Jordan, PMBA ’03, Eureka, Olin Business School physician referral program and doctorate in financial accounting [email protected] Claudia Vasquez, MBA ’01, Rüti, MO, is strategic account manager is responsible for its primary service at Nagoya University in Japan. Switzerland, is a stay-at-home mom Brandon Tang, MBA ’02, Taipei, at BAERO North America. Washington University in St. Louis lines market-plan development. [email protected] David Baur, MBA ’01, St. Louis, with two children: Christian, 5, and Taiwan, is customer and channel Campus Box 1162, One Brookings Drive Wolz was elected to the board joined Bunge as manager, strategic Rainer, 3. She is also studying manager for Nestlé Taiwan. Todd Kaye, JD/MBA ’03, St. Louis, St. Louis, MO 63130-4899 of directors of the United Way of Brian Yost, BSBA ’99, St. Louis, planning. [email protected] advanced German. claud- [email protected] works on a variety of corporate Southeast Missouri and is chairman was promoted to senior vice presi- [email protected] and securities matters at Bryan fax: 314-935-8891 of its 2008 campaign. dent at U.S. Trust, Bank of America Chrishette Carter, BSBA ’01, Laura (Siegel) Whalen, MBA ’02, Cave LLP. [email protected] [email protected] Private Wealth Management. He Atlanta, started a Web site called Bill Waelke, BSBA ’01, Denver, San Antonio; her husband, Mark Name: was selected as a Five Star: Best in Two JetSet Divas. It targets a received his MBA in June 2007 Whalen, MBA ’01; and their son, William Lockwood, PMBA ’03, Fahd Al-Rasheed, BSBA ’99, Client Satisfaction Wealth Manager primarily female audience, offering from the University of Chicago Owen, recently relocated to San St. Louis, manages the Edward Degree & Year: Dubai, United Arab Emirates, by St. Louis Magazine. He and his a unique perspective on internation- Graduate School of Business. He is Antonio. Mark works in corporate Jones office in St. Peters, MO. was appointed CEO of Emaar.E.C. wife have three daughters. al traveling. The site, www.twojet a director in the corporate develop- strategy for AT&T, and Laura is in [email protected] Address: He implements strategies for the [email protected] setdivas.com, was created to ment group of Tomkins plc, and his planning and analysis at HEB. on-schedule completion of King share a love of travel and provide wife, Karen, is a social worker. Scott Miller, EMBA ’03, St. Louis, City: State: Zip: Abdullah Economic City (KAEC) inspiration for travel planning. Richard Williams, BSBA ’02, was selected as one of the St. Louis and further enhancement of its [email protected] Michael Ahn, MBA ’02, Atlanta, New York, is an associate for Mayer Business Journal’s “40 Under 40” Phone (home): (business): appeal as a global investment 2000s enrolled in the finance doctorate Brown LLP. [email protected] for 2007. destination. The 168-million-square- Peter Eberle, MBA ’01, Fort Collins, program at Georgia Institute of Jennifer (Graeser) Bierling, MBA/ E-mail Address: meter KAEC is the largest private- CO, is enjoying the Colorado Technology. He previously worked Azeka Abramoff, BSBA ’03, Vladislav Polyansky, MBA ’03, MIM ’00, Fenton, MO, was named sector development in the region. lifestyle. He is a sales representative as a financial manager for five Chicago, finished law school and Kiev, Ukraine, is managing partner information technology program Employer: Previously, Al-Rasheed was deputy with Automatic Data Processing. years at the International Finance began working at Holland & Knight at Ameropa Capital. vapo- director at Anheuser-Busch. governor for Economic Cities with [email protected] Group, Samsung Electronics in August. [email protected] [email protected] Title: SAGIA (Saudi Arabian General Global Headquarters. Thanit Khoosuwan, MBA ’00, Investment Authority). Ali Fardshisheh, BSBA ’01, [email protected] Victor Acevedo, BSBA ’03, San David Rice, PMBA ’03, St. Louis, Bangkok, Thailand, is general man- What’s new with you? (50 words maximum): Miami Beach, FL, is attending Juan, Puerto Rico, graduated with vice president of BAERO North ager at Emerald Mines (Thailand). Matt Breidert, MBA ’99, London, the University of Miami School of Elyssa (Rotkowitz) Bortz, BSBA ’02, a JD/MBA from the University of America, was promoted to chief [email protected] is portfolio manager for Ecofin. Law, working toward his LLM in New York, works for Lehman Puerto Rico in May 2007 and was operating officer of the multi- trusts and estates. alifard- Brothers. [email protected] sworn in as an attorney in Puerto million-dollar firm, based in Devdatt Kurdikar, PMBA ’00, James Eaves-Johnson, BSBA ’99, [email protected] Rico in February. He is a federal St. Louis. Vernon Hills, IL, is senior director, Coralville, IA, is decision support Anne Cook, EMBA ’02, Houston, judicial law clerk at the U.S. District strategy, at Baxter. coordinator at Mercy Iowa City. Michael Hilburg, BSBA ’01, is general manager at Shell. Court in the District of Puerto Rico. Susanna Satten, BSBA/BFA ’03, Jeremy Hung, BSBA ’04, Dallas, men from modest backgrounds. [email protected] Arlington, VA, is studying at [email protected] Wynnewood, PA, is assistant changed jobs and is an information The school was recognized as one Paul Mariani, MBA ’00, Chicago, Georgetown University for his Erin Doty, BSBA ’02, St. Louis, is vice president in the National technology consultant for Network of the top 25 private elementary is vice president and principal of Laura Garofalo, BSBA ’99, Master of Public Policy and associate director of development Matthew Bower, MBA ’03, St. Louis, Corporate Banking Group at TD Services Now. He formerly was schools in Chicago by Chicago Brown Gibbons Lang & Co. Chicago, is employment attorney MBA (class of 2010). for Olin’s Alumni and Development is a client manager for Moneta Commerce Bank. a project manager for the imple- Magazine. It is looking for partners [email protected] for Holland & Knight LLP, and her Office, and her fiancé, Ross, is a Group. [email protected] mentation of health care software to assist with its work. husband, Joseph El-Etr, AB ’98, is Rachel Katz, BSBA ’01, Woodbridge, principal at 2e Creative, an advertis- David Brown, MIM ’03/MBA ’04, in Madison, WI. jere- See www.cjacademy.org. Mike McClure, EMHS ’00, Fort an options trader at the Chicago CT, earned her JD in May from Case ing and marketing firm. erindo- Tricia Copeland, PMBA/MIM ’03, St. Louis, was presented with [email protected] [email protected] Smith, AR, is director, global Mercantile Exchange. Western Reserve University School [email protected] St.Louis, is an information technology the Missouri Chamber Fast Track strategic reimbursement, for of Law. Her article “A New Frontier risk analyst for First Bank. She Award, which recognized the fast Ernesto Spagnoli Jaramillo, MBA Frederic Maury, EMBA-Shanghai Smith & Nephew. michael.mcclure Christopher McKee, EMBA ’99, in Terrorist Victim Compensation: Jeffrey Gibson, MBA ’02, and her husband, Scot, have two growth of his company, Datotel. ’04, Tokyo, is vice president at AIG. ’04, Hong Kong, was promoted @smith-nephew.com St. Louis, is the president of The Attack on Domestic Museums Chesapeake, VA, is vice president children: Joshua, 4, and Ethan, 1. [email protected] He has worked in New York, London to managing director of TUV SUD McEagle Properties. and Educational Institutions” will be of Blackwater Worldwide. and South Korea since he graduated Hong Kong. Jason Ryan, MBA ’00/MA ’02, [email protected] published in an upcoming issue of [email protected] Michael Dillhyon, EMBA ’03, Danielle Dixon, BSBA ’04, from Olin. He and his wife, Melisa, [email protected] Redlands, CA, is an assistant the Art and Museum Law Journal. Switzerland, has become chairman New York, became licensed as a are having a good time in Asia. professor at the University of Jason Mendelson, BSBA ’99, [email protected] Stephanie (Spannaus) Hebron, of the board at Netelligent Corp. certified public accountant (CPA) [email protected] Pat McCluskey, PMBA ’04, Redlands. In 2007 he completed New York, recruited a Washington BSBA/MSBA ’02, St. Louis, is a He formerly was president. in New York state in July 2007. She St. Louis, is vice president and his doctorate at the Smurfit School University graduate to work for Stephen Paris, MBA ’01, Golden senior research analyst at Cardinal is enrolled at Harvard Law School Joyce Lawrence, BSBA ’04, senior fixed-income analyst for of Business and University College him as an associate at boutique Valley, MN, is a senior marketing Investment Advisors, an institutional Ferdinand Florendo, MBA ’03, (JD class of 2011). San Diego, received her master’s Wachovia Securities. Dublin. He previously taught investment bank Sandler O’Neill & manager for General Mills. investment consulting firm. Manila, Philippines, is head of degree in Pacific international international business at Saint Louis Partners. Mendelson is a public [email protected] the capital markets and risk Samuel Fancher, BSBA ’04, affairs from the University of Angela Minges, PMBA ’04, University’s Madrid campus. official on Manhattan Community Jeffrey Pozzi, MBA/MIM ’01, management department for Chicago, is a real estate analyst California-San Diego in June. St. Louis, is brand manager, [email protected] Board 5 and was appointed budget Lafayette, CA, is assistant general Edmund Hung, BSBA ’02, Beijing, Power Sector Assets and Liabilities with Integra Realty. innovations/new products, at committee chairman. He is develop- counsel in the legal department has started NLGX, a socially con- Management, a government corpo- Junghoon Lee, MBA ’04, Seoul, Anheuser-Busch. Susan Sontz-Sable, MBA ’00, New ing a personal photography Web at Deloitte. Last fall, he was trans- scious company that supports con- ration that is privatizing the Katherine Fogertey, BSBA ’04, South Korea, is doing well, and his York, has worked at Citigroup since site at www.darkroomphoto.com. ferred from Washington, D.C., to servation and preservation and cre- Philippines’ power company. New York, moved to the buy side family misses St. Louis. He is a Gaurav Palta, MBA ’04, she graduated from Olin. She is a [email protected] San Francisco. He, his wife and ates unique designs and concepts. Its [email protected] at Goldman Sachs. senior manager at Hana Bank. Santa Clara, CA, works for Infosys project manager in the firm’s human his son enjoy living in the Bay debut store includes a cafe and [email protected] Consulting. [email protected] resources operations and technology Stephanie Puljak, MBA ’99, Area and, consequently, spend gallery and is home to independent Chris Gannett, MBA ’03, New York, Scot Fowler, AB ’90/PMBA ’04, department, Citi Employee Services. St. Louis, is senior director of quality more time outdoors. designers from around China. The has been promoted to vice president St. Louis, is a manufacturing Antonio Luk, EMBA-Shanghai ’04, Kathleen Quinn, BSBA ’04, [email protected] management and administration company’s Web site is www.nlgx.org. of strategic marketing for Sony BMG information technology coordination Shanghai, China, works for Hui Chicago, is a consultant for at Express Scripts. Stephen Rhodes, BSBA ’01/MAEd Music Entertainment’s Commercial analyst for Monsanto. Hua Transportation Accenture. [email protected] Jason Stone, PMBA ’00, St. Louis, ’04, St. Louis, is a managing partner Taro Kanai, MBA ’02, London, is Music Group. In his new role, he [email protected] is a co-owner of Sage Homebuilders, Tats Shimada, MBA ’99, Tokyo, is for Strategic Partners Wealth the director of Daiwa Securities supports the Commercial Music Dan Friedman, AB ’99/MBA ’04, Andrea (Meacham) Rosal, MBA a “green-only” residential builder. group manager, overseas business Management. He was recognized as SMBC Europe. Group’s goal of identifying, piloting St. Louis, is vice president, social Matthew Lynch, MBA ’04, Chicago, ’04, Asheville, NC, is an independent The company has received acco- operation, for Chugai Pharmaceutical. one of the top wealth managers in and launching new ventures while enterprise, at Provident. helped found Chicago Jesuit marketing-strategy and market- lades for its leadership in environ- [email protected] St. Louis by St. Louis Magazine. He remaining focused on deals of Academy, a full-scholarship college research contractor and a volunteer mentally friendly construction, as and his wife, Sabrine Boncy, AB strategic benefit to all Sony BMG preparatory middle school for young for local nonprofit organizations.

28 OlinBusiness // 2008 2008 // OlinBusiness 29 CLASS NOTES

“Seeds to Grow Success: Foundational James Stamatis, MBA ’99, well as awards for the homes it has ’02/MSW ’04, have two children: Cassandra (Isaacson) Kirchner, record labels and divisions. Tools for the Rookie Real Estate Thousand Oaks, CA, is a director designed and built. Seth, 2, and Shiloh, 9 months. PMBA ’02, St. Louis, is senior [email protected] Agent to Build a Profitable in the mergers and acquisitions [email protected] [email protected] finance manager at Express Scripts. Career Change? Promotion? Business,” available at www.rookie group at Amgen. He previously [email protected] Susan (Hanlon) Hemminghaus, agentbootcamp.com. This Web spent six years at Eli Lilly. Stephen Welker, EMBA ’00, Bryan Rukin, BSBA ’01, New York, PMBA ’03, St. Louis, is a financial site is the newest addition to her [email protected] St. Louis, is general manager at is vice president at Goldman Sachs. Paul LeBar, EMBA ’02, Colorado adviser for Edward Jones. Got Married? New Child? business enterprise. Crosslink. [email protected] [email protected] Springs, CO, is vice president and [email protected] Joseph Thum, PMBA ’99, St. Louis, general counsel for ITT, Systems Alex Hill, MBA ’03, Berkeley, CA, is national accounts manager for Suan Yeo, BSBA ’00, Singapore, Timothy Spiker, BSEE ’95/PMBA Division. [email protected] has worked for the U.S. Postal Share your news with fellow alumni. Go online to Jay Wolz, EMBA ’98, Cape Emerson, White-Rodgers Division. is working as a headhunter in the ’01, Suwanee, GA, is developing Service since 2004. He would like Girardeau, MO, is supervisor of [email protected] banking industry after a six-month media strategy for a leadership Nick Rahman, BSBA ’02/MBA ’03, friends to contact him if they’re in www.olin.wustl.edu/alumni/forms/kit market management at Southeast trip around South America. She consulting firm. Miami, is senior manager, strategic the Bay Area. [email protected] Missouri Hospital. He oversees Katsuyuki Yamashita, MBA ’99, would like anyone traveling through [email protected] planning and finance, at Boca or complete this form and send to: the hospital’s call center and Nagoya, Japan, is pursuing a Asia to e-mail her a note. Developers. [email protected] Timothy Jordan, PMBA ’03, Eureka, Olin Business School physician referral program and doctorate in financial accounting [email protected] Claudia Vasquez, MBA ’01, Rüti, MO, is strategic account manager is responsible for its primary service at Nagoya University in Japan. Switzerland, is a stay-at-home mom Brandon Tang, MBA ’02, Taipei, at BAERO North America. Washington University in St. Louis lines market-plan development. [email protected] David Baur, MBA ’01, St. Louis, with two children: Christian, 5, and Taiwan, is customer and channel Campus Box 1162, One Brookings Drive Wolz was elected to the board joined Bunge as manager, strategic Rainer, 3. She is also studying manager for Nestlé Taiwan. Todd Kaye, JD/MBA ’03, St. Louis, St. Louis, MO 63130-4899 of directors of the United Way of Brian Yost, BSBA ’99, St. Louis, planning. [email protected] advanced German. claud- [email protected] works on a variety of corporate Southeast Missouri and is chairman was promoted to senior vice presi- [email protected] and securities matters at Bryan fax: 314-935-8891 of its 2008 campaign. dent at U.S. Trust, Bank of America Chrishette Carter, BSBA ’01, Laura (Siegel) Whalen, MBA ’02, Cave LLP. [email protected] [email protected] Private Wealth Management. He Atlanta, started a Web site called Bill Waelke, BSBA ’01, Denver, San Antonio; her husband, Mark Name: was selected as a Five Star: Best in Two JetSet Divas. It targets a received his MBA in June 2007 Whalen, MBA ’01; and their son, William Lockwood, PMBA ’03, Fahd Al-Rasheed, BSBA ’99, Client Satisfaction Wealth Manager primarily female audience, offering from the University of Chicago Owen, recently relocated to San St. Louis, manages the Edward Degree & Year: Dubai, United Arab Emirates, by St. Louis Magazine. He and his a unique perspective on internation- Graduate School of Business. He is Antonio. Mark works in corporate Jones office in St. Peters, MO. was appointed CEO of Emaar.E.C. wife have three daughters. al traveling. The site, www.twojet a director in the corporate develop- strategy for AT&T, and Laura is in [email protected] Address: He implements strategies for the [email protected] setdivas.com, was created to ment group of Tomkins plc, and his planning and analysis at HEB. on-schedule completion of King share a love of travel and provide wife, Karen, is a social worker. Scott Miller, EMBA ’03, St. Louis, City: State: Zip: Abdullah Economic City (KAEC) inspiration for travel planning. Richard Williams, BSBA ’02, was selected as one of the St. Louis and further enhancement of its [email protected] Michael Ahn, MBA ’02, Atlanta, New York, is an associate for Mayer Business Journal’s “40 Under 40” Phone (home): (business): appeal as a global investment 2000s enrolled in the finance doctorate Brown LLP. [email protected] for 2007. destination. The 168-million-square- Peter Eberle, MBA ’01, Fort Collins, program at Georgia Institute of Jennifer (Graeser) Bierling, MBA/ E-mail Address: meter KAEC is the largest private- CO, is enjoying the Colorado Technology. He previously worked Azeka Abramoff, BSBA ’03, Vladislav Polyansky, MBA ’03, MIM ’00, Fenton, MO, was named sector development in the region. lifestyle. He is a sales representative as a financial manager for five Chicago, finished law school and Kiev, Ukraine, is managing partner information technology program Employer: Previously, Al-Rasheed was deputy with Automatic Data Processing. years at the International Finance began working at Holland & Knight at Ameropa Capital. vapo- director at Anheuser-Busch. governor for Economic Cities with [email protected] Group, Samsung Electronics in August. [email protected] [email protected] Title: SAGIA (Saudi Arabian General Global Headquarters. Thanit Khoosuwan, MBA ’00, Investment Authority). Ali Fardshisheh, BSBA ’01, [email protected] Victor Acevedo, BSBA ’03, San David Rice, PMBA ’03, St. Louis, Bangkok, Thailand, is general man- What’s new with you? (50 words maximum): Miami Beach, FL, is attending Juan, Puerto Rico, graduated with vice president of BAERO North ager at Emerald Mines (Thailand). Matt Breidert, MBA ’99, London, the University of Miami School of Elyssa (Rotkowitz) Bortz, BSBA ’02, a JD/MBA from the University of America, was promoted to chief [email protected] is portfolio manager for Ecofin. Law, working toward his LLM in New York, works for Lehman Puerto Rico in May 2007 and was operating officer of the multi- trusts and estates. alifard- Brothers. [email protected] sworn in as an attorney in Puerto million-dollar firm, based in Devdatt Kurdikar, PMBA ’00, James Eaves-Johnson, BSBA ’99, [email protected] Rico in February. He is a federal St. Louis. Vernon Hills, IL, is senior director, Coralville, IA, is decision support Anne Cook, EMBA ’02, Houston, judicial law clerk at the U.S. District strategy, at Baxter. coordinator at Mercy Iowa City. Michael Hilburg, BSBA ’01, is general manager at Shell. Court in the District of Puerto Rico. Susanna Satten, BSBA/BFA ’03, Jeremy Hung, BSBA ’04, Dallas, men from modest backgrounds. [email protected] Arlington, VA, is studying at [email protected] Wynnewood, PA, is assistant changed jobs and is an information The school was recognized as one Paul Mariani, MBA ’00, Chicago, Georgetown University for his Erin Doty, BSBA ’02, St. Louis, is vice president in the National technology consultant for Network of the top 25 private elementary is vice president and principal of Laura Garofalo, BSBA ’99, Master of Public Policy and associate director of development Matthew Bower, MBA ’03, St. Louis, Corporate Banking Group at TD Services Now. He formerly was schools in Chicago by Chicago Brown Gibbons Lang & Co. Chicago, is employment attorney MBA (class of 2010). for Olin’s Alumni and Development is a client manager for Moneta Commerce Bank. a project manager for the imple- Magazine. It is looking for partners [email protected] for Holland & Knight LLP, and her Office, and her fiancé, Ross, is a Group. [email protected] mentation of health care software to assist with its work. husband, Joseph El-Etr, AB ’98, is Rachel Katz, BSBA ’01, Woodbridge, principal at 2e Creative, an advertis- David Brown, MIM ’03/MBA ’04, in Madison, WI. jere- See www.cjacademy.org. Mike McClure, EMHS ’00, Fort an options trader at the Chicago CT, earned her JD in May from Case ing and marketing firm. erindo- Tricia Copeland, PMBA/MIM ’03, St. Louis, was presented with [email protected] [email protected] Smith, AR, is director, global Mercantile Exchange. Western Reserve University School [email protected] St.Louis, is an information technology the Missouri Chamber Fast Track strategic reimbursement, for of Law. Her article “A New Frontier risk analyst for First Bank. She Award, which recognized the fast Ernesto Spagnoli Jaramillo, MBA Frederic Maury, EMBA-Shanghai Smith & Nephew. michael.mcclure Christopher McKee, EMBA ’99, in Terrorist Victim Compensation: Jeffrey Gibson, MBA ’02, and her husband, Scot, have two growth of his company, Datotel. ’04, Tokyo, is vice president at AIG. ’04, Hong Kong, was promoted @smith-nephew.com St. Louis, is the president of The Attack on Domestic Museums Chesapeake, VA, is vice president children: Joshua, 4, and Ethan, 1. [email protected] He has worked in New York, London to managing director of TUV SUD McEagle Properties. and Educational Institutions” will be of Blackwater Worldwide. and South Korea since he graduated Hong Kong. Jason Ryan, MBA ’00/MA ’02, [email protected] published in an upcoming issue of [email protected] Michael Dillhyon, EMBA ’03, Danielle Dixon, BSBA ’04, from Olin. He and his wife, Melisa, [email protected] Redlands, CA, is an assistant the Art and Museum Law Journal. Switzerland, has become chairman New York, became licensed as a are having a good time in Asia. professor at the University of Jason Mendelson, BSBA ’99, [email protected] Stephanie (Spannaus) Hebron, of the board at Netelligent Corp. certified public accountant (CPA) [email protected] Pat McCluskey, PMBA ’04, Redlands. In 2007 he completed New York, recruited a Washington BSBA/MSBA ’02, St. Louis, is a He formerly was president. in New York state in July 2007. She St. Louis, is vice president and his doctorate at the Smurfit School University graduate to work for Stephen Paris, MBA ’01, Golden senior research analyst at Cardinal is enrolled at Harvard Law School Joyce Lawrence, BSBA ’04, senior fixed-income analyst for of Business and University College him as an associate at boutique Valley, MN, is a senior marketing Investment Advisors, an institutional Ferdinand Florendo, MBA ’03, (JD class of 2011). San Diego, received her master’s Wachovia Securities. Dublin. He previously taught investment bank Sandler O’Neill & manager for General Mills. investment consulting firm. Manila, Philippines, is head of degree in Pacific international international business at Saint Louis Partners. Mendelson is a public [email protected] the capital markets and risk Samuel Fancher, BSBA ’04, affairs from the University of Angela Minges, PMBA ’04, University’s Madrid campus. official on Manhattan Community Jeffrey Pozzi, MBA/MIM ’01, management department for Chicago, is a real estate analyst California-San Diego in June. St. Louis, is brand manager, [email protected] Board 5 and was appointed budget Lafayette, CA, is assistant general Edmund Hung, BSBA ’02, Beijing, Power Sector Assets and Liabilities with Integra Realty. innovations/new products, at committee chairman. He is develop- counsel in the legal department has started NLGX, a socially con- Management, a government corpo- Junghoon Lee, MBA ’04, Seoul, Anheuser-Busch. Susan Sontz-Sable, MBA ’00, New ing a personal photography Web at Deloitte. Last fall, he was trans- scious company that supports con- ration that is privatizing the Katherine Fogertey, BSBA ’04, South Korea, is doing well, and his York, has worked at Citigroup since site at www.darkroomphoto.com. ferred from Washington, D.C., to servation and preservation and cre- Philippines’ power company. New York, moved to the buy side family misses St. Louis. He is a Gaurav Palta, MBA ’04, she graduated from Olin. She is a [email protected] San Francisco. He, his wife and ates unique designs and concepts. Its [email protected] at Goldman Sachs. senior manager at Hana Bank. Santa Clara, CA, works for Infosys project manager in the firm’s human his son enjoy living in the Bay debut store includes a cafe and [email protected] Consulting. [email protected] resources operations and technology Stephanie Puljak, MBA ’99, Area and, consequently, spend gallery and is home to independent Chris Gannett, MBA ’03, New York, Scot Fowler, AB ’90/PMBA ’04, department, Citi Employee Services. St. Louis, is senior director of quality more time outdoors. designers from around China. The has been promoted to vice president St. Louis, is a manufacturing Antonio Luk, EMBA-Shanghai ’04, Kathleen Quinn, BSBA ’04, [email protected] management and administration company’s Web site is www.nlgx.org. of strategic marketing for Sony BMG information technology coordination Shanghai, China, works for Hui Chicago, is a consultant for at Express Scripts. Stephen Rhodes, BSBA ’01/MAEd Music Entertainment’s Commercial analyst for Monsanto. Hua Transportation Accenture. [email protected] Jason Stone, PMBA ’00, St. Louis, ’04, St. Louis, is a managing partner Taro Kanai, MBA ’02, London, is Music Group. In his new role, he [email protected] is a co-owner of Sage Homebuilders, Tats Shimada, MBA ’99, Tokyo, is for Strategic Partners Wealth the director of Daiwa Securities supports the Commercial Music Dan Friedman, AB ’99/MBA ’04, Andrea (Meacham) Rosal, MBA a “green-only” residential builder. group manager, overseas business Management. He was recognized as SMBC Europe. Group’s goal of identifying, piloting St. Louis, is vice president, social Matthew Lynch, MBA ’04, Chicago, ’04, Asheville, NC, is an independent The company has received acco- operation, for Chugai Pharmaceutical. one of the top wealth managers in and launching new ventures while enterprise, at Provident. helped found Chicago Jesuit marketing-strategy and market- lades for its leadership in environ- [email protected] St. Louis by St. Louis Magazine. He remaining focused on deals of Academy, a full-scholarship college research contractor and a volunteer mentally friendly construction, as and his wife, Sabrine Boncy, AB strategic benefit to all Sony BMG preparatory middle school for young for local nonprofit organizations.

28 OlinBusiness // 2008 2008 // OlinBusiness 29 CLASS NOTES

She and her husband, Peter, relocated Matthew Pfile, MBA ’05, San Stan Lu, MBA ’06, Taipei City, John Bucksath, EMBA ’07, Columbia, Matthew Brickhaus, MBA ’08, Georgia Gert. Martha (Pustilnik) Luchsinger, Susan Sontz-Sable, MBA ’00, to the area from Boston. Francisco, is a strategic negotiator Taiwan, is a private wealth manager MO, is general manager at ABC Belleville, IL, is U.S. transportation karen_palmer_bland@hotmail MBA ’03, and Jim Luchsinger, MBA to Jesse Sable, August 2007. [email protected] for Google. in the global wealth management Laboratories. [email protected] commander for the U.S. Navy at ’03, Berwyn, PA, have a 1-year-old [email protected] department at Merrill Lynch-Hong Scott Air Force Base. David Border, BSBA/AB ’94, and daughter, Anna Marie. David Small, EMBA ’04, Overland Amanda Rauschkolb, BSBA ’05, Kong. [email protected] Judy Burns, EMBA ’07, St. Louis, Sherri, Palatine, IL, a son, Jeffrey Timothy Spiker, BSEE ’95/PMBA ’01, Park, KS, is chief operating officer Chicago, is a senior business was honored in March with one of Ryan Day, BSBA ’08, Austin, TX, Raymond. [email protected] David Brown, MIM ’03/MBA ’04, to Sarah Wackerlin, Atlanta, May 17, for Sun Publications. davids- analyst for Culligan. Joseph Muich, PMBA ’06, the inaugural First Lady Awards for is a financial analyst at General St. Louis, a son, Calum Thomas. 2008. [email protected] [email protected] [email protected] St. Peters, MO, is a manager in Business and Innovation from Mills in Minneapolis. Cathy (Sletmoe) White, BSBA ’94, the newly created sourcing Missouri’s first lady, Melanie Blunt. and Chris White, BSCS/BSEE/MBA Suzanne Shenkman, PMBA ’06, and Bill Waelke, BSBA ’01, to Chak Tang, MBA/MIM ’04, Jersey Guoguang Shen, MBA ’05, Dayton, management office at Edward Camille Edelen, BSBA ’08, ’95, Lago Vista, TX, twins, James Albert Crook, BSCE ’96/MIM Karen DeMots, Chicago, July 2007. City, NJ, is an analyst for Citigroup. NJ, is working for Trane. Jones. [email protected] Ting Chen, MBA ’07, Alhambra, New York, accepted a position and Mary Cathryn. ’05/PMBA ’05/MSF ’07, St. Louis, CA, is a primary-care sales as a buyer for Bloomingdale’s. a daughter, Juliette Pauline. Erin Doty, BSBA ’02, to wed Ross Richard Yang, BSBA ’04, Beijing, Michael Sides, EMBA ’05, Brett Pantazi, MBA ’06, St. Louis, representative for pharmaceutical [email protected] Eric Schaefer, BSBA ’95, and [email protected] Toohey, St. Louis, October 2008. is an associate with Mitsubishi St. Charles, MO, has accepted the is an investment banking associate company Boehringer Ingelheim. Nora, Scottsdale, AZ, a daughter, Corporate Capital Asia. position of general partner at at National City Capital Markets. [email protected] Charlene Huang, MBA ’08, Alexa Rose. [email protected] Chuan-Ming Yang, MBA/MIM ’06, Anil Gupta, BSBA ’02, to Lisa Rogo, [email protected] Edward Jones. He has been with Taipei City, Taiwan, works for and Angel, Columbus, IN, a son, AB ’02, New York, August 9, 2008. the firm for 11 years. Sergey Shchemelev, BSBA ’06, Riley Haemer, BSBA ’07, Houston, Taishin Financial Holdings. Marc Packman, BSBA ’98, and Derek. [email protected] Christopher Alarcon, BSBA ’05, [email protected] Chicago, is an analyst for Deloitte works for Brown Shoe. [email protected] Natalie (Richards) Packman, Susan (Hanlon) Hemminghaus, New York, works in marketing Consulting LLP. BSBA ’98, Short Hills, NJ, a PMBA ’03, to Dan Hemminghaus, and communications for the Daolin Xu, EMBA-Shanghai ’05, Andrew Hellner, MBA ’07, Shigeyuki Inaguma, MBA ’08, daughter, Abigail Hannah. St. Louis, July 2, 2007. New York Mets. Suzhou, China, is general manager Chang Suk (Chris) Song, MBA ’06, Barcelona, Spain, is director of Kanagawa, Japan, works at Johnson [email protected] Marriages and for Doga (Nantong) Auto Parts. Seoul, South Korea, works for marketing for Local Billing. & Johnson. Teresa (Wildman) Wilke, MBA ’03, Suzette Asmar-O’Guin, PMBA ’05, [email protected] SK Energy. Laura Garofalo, BSBA ’99, and Engagements to Eric Wilke, Cape Girardeau, MO, St. Louis, is a senior business analyst Ryan Keefe, MBA ’07, New York, Jonathan Klein, BSBA ’08, Chicago, Joseph El-Etr, AB ’98, Chicago, Jeanette Garber, BSBA ’89, to Alan March 17, 2008. at Maritz. [email protected] Stephen Zimmerman, MBA ’05, Alessandra Vismara, EMBA- is an investment banking associate is a consulting analyst at Mercer. a daughter, Alexandra. Zemsky, Chicago, April 6, 2008. St. Louis, is a senior financial analyst Shanghai ’06, Milan, Italy, is general at Deutsche Bank. Michael Buescher, MBA ’04, to Shana Black, MBA ’05, Warren, MI, at Anheuser-Busch and moved to a manager in the master batch field Ian Lopez, BSBA ’08, Aurora, IL, Karen (Jaffee) Kalan, BSBA ’99, Andrea (Blumberg) Andreasson, Shannon Hayes, St. Louis, May 12, is a labor relations representative at new house. at Magenta Master Fiber. Jeffrey Kennedy, BSBA ’07, is a category development analyst and Jeremy, Encino, CA, a daughter, MBA ’94, to Per Andréasson, 2007. [email protected] Daimler Chrysler LLC. [email protected] [email protected] Mountain Lakes, NJ, is pursuing for Colgate-Palmolive. Marissa Danielle. Malmo, Sweden, Sept. 25, 2007. his master’s degree in elementary [email protected] Katherine Fogertey, BSBA ’04, Bradley Culberson, PMBA ’05, David Ader, BSBA ’06, San Sean Walter, AB ’98/MBA ’06, education. He would like to become James Stamatis, MBA ’99, and Patrick McNab, MBA ’96, to to wed Warren Gluck, AB ’05, New Boulder, CO, was promoted to chief Francisco, does online strategy Atlantic City, NJ, was promoted to a middle school math or science David Sanders, MBA ’08, Jean, Thousand Oaks, CA, a son, Soraya, London, 2006. York, December 2008. technology officer of Peaksware and mergers and acquisitions for manager of business analytics at teacher. [email protected] McKinney, TX, accepted the John (Jack) Healy. LLC. The company creates software Microsoft. [email protected] Trump Entertainment Resorts. position of senior financial analyst Tim Whittle, BSBA ’96, to Beth Sarah (Jacobs) Hill, BSBA ’04, to solutions, including TrainingPeaks Shiv Kumar, BSBA ’07, San at Frito-Lay’s headquarters in Jennifer (Graeser) Bierling, Slaughter, May 26, 2007. Shawn Hill, Shelton, CT, Dec. 31, WKO+ desktop software and the Sarah Baker, BSBA ’06, Rohit Wariyar, MIM ’05/PMBA ’06, Francisco, began work at Google Plano, TX. MBA/MIM ’00, and Eric, Fenton, [email protected] 2007. [email protected] TrainingPeaks Web application, Arlington, VA, works for the Shanghai, China, is manager-Asia on Nov. 26, 2007. His responsibili- MO, a son, Alexander Christian. used by professionals in the fitness Corporate Executive Board. for Flexsys, a division of Solutia. He ties include online advertising Nitin Sharma, MBA ’08, Nicole (LeClair) Wartchow, Akhilesh Gupta, MBA ’06, industry. [email protected] has relocated to Shanghai for three (AdWords) account management St. Louis, moved to Dallas, TX. Susan Sontz-Sable, MBA ’00, BSBA ’97, to Robert Wartchow, Minneapolis, MN 2007. Robert Cox III, MBA ’06, St. Louis, years and is covering Asia and India. and optimization for higher-speed [email protected] and Jesse, New York, a son, London, June 22, 2007. [email protected] Patrick Donovan, PMBA ’05, is a member of Peabody Energy’s technology business-to-business Aaron Benjamin. [email protected] [email protected] London, is the executive director management associate program. Jeremy Williamson, PMBA ’06, and information technology Lizhi Tan, BSBA ’08, Singapore, is a Kate LaBoube, PMBA ’06, St. Louis, of UBS. [email protected] He is on the procurement team after St. Louis, attends evening law school companies. [email protected] business analyst for McKinsey & Co. Jason Stone, PMBA ’00, and Kelli, Kerry (Soffar) Kaplan, BSBA ’97, April 19, 2008. [email protected] working in the operations planning at Saint Louis University and works Glendale, MO, a son, Parker Joseph. to Scott Kaplan, March 10, 2007. Andrew Dunklau, BSBA ’05, Dubai, department for two years. for Boeing. Philip Lewis, BSBA ’07, Atlanta, Simone Yao, BSBA ’08, New York, [email protected] Nikki LaBruyere, MBA ’07, to United Arab Emirates, recently works for Fulcrum Ventures. is looking for a full-time position Karen Soberg, BSBA ’98, is recently Jose-Paulo Lota Mamuric, MBA ’07, transferred to Dubai and was Kevin Crimmins, BSBA ’06, Donald Wunsch III, EMBA ’06, in the entertainment industry. John Busbice, MBA ’01, and engaged. [email protected]. Cincinnati, OH, August 18, 2007. promoted to associate at A.T. St. Louis, works in the Office of Rolla, MO, a professor at the Robert Morrison, PMBA ’07, [email protected] Caroline, Richmond, VA, a Kearney. [email protected] Undergraduate Admissions at Missouri University of Science St. Louis, is senior scientist-group daughter, Bridget Bondurant. Mitchell Whiteman, BSBA ’98, Lauren (Pohl) Russ, PMBA ’07, to Washington University. and Technology, was elected a lead for Pfizer Global Research & [email protected] to wed Whitney Berger. Michael Russ, St.Louis, May 24, 2008. Eugenio Ferrante, MBA/MIM ’05, [email protected] fellow of the International Neural Development. morrison- Toronto, is a consultant for Bain & Co. Network Society (INNS) and senior [email protected] Births and Ramon Santiago, MBA ’01, and [email protected] Kristin Doll, PMBA ’06, Hermosa fellow, the leader of the INNS fellows. Maria Manuel-Santiago, MBA ’01, Beach, CA, is senior marketing He has been active in the society for Ben Pasquier, BSBA/MSF ’07, Renton, Adoptions Edgewater, NJ, a son, Lorenzo Alumni Making a Difference Lee Garber, BSBA ’05, Philadelphia, manager for the Los Angeles Times. two decades. In recent years, he WA, works for McKinsey & Co. John Withee, BSBA ’87, and Tomas. [email protected] is an analyst for Versa Capital [email protected] played a significant role in reshaping Michelle, Greenwich, CT, a son, Management. its annual meeting, increasing mem- Poonnasa Phongpatanakijchote, James. [email protected] Aileen Supena Throne, MBA ’01, Ryan Heath, PMBA ’06, Waukesha, bership and reorganizing its leader- MBA ’07, St. Louis, is senior and Jason, Oakland, CA, a son, ob Frick, BSCE ’60/MBA ’62, knows Jason Holschen, MBA ’05, WI, is a member of the experienced ship structure. He also made auditor-trading for Ameren. John Tanenbaum, JD/MBA ’90, John (Jack) Paul. the importance of affordable homes. Crystal Lake, IL, is director of commercial leadership program at research contributions in several and Amy, Harrison, NY, a daughter, [email protected] BHe and his wife, Barbara, owned and strategic planning and business General Electric. [email protected] areas of the field, particularly in Evan Sharp, BSBA ’07, New York, Rebecca Eve. managed about 1,000 low- to moderate- development for Knaack LLC, a optical neural networks, approxi- is a financial analyst for Goldman Stephanie (Spannaus) Hebron, income units. division of Emerson. Jesse Hunter, EMBA ’06, St. Louis, mate dynamic programming, accel- Sachs. He is enjoying life and has Kirstin (Baum) Sumner, BSBA BSBA/MSBA ’02, and Al, St. Louis, was promoted to executive vice erating computationally complex begun training for his Chartered ’91/JD ’00, and Scott, Chicago, a son, Andrew Joseph. Michael Kaul, MSBA ’05, president of corporate development optimization problems, time-series Financial Analyst designation. a son, Graham Hubert. kay- So, when Frick received an invitation to bike 500 miles for the Minneapolis, is a financial analyst responsible for business development prediction and clustering. [email protected] [email protected] Jaafar Laghmadi, MIM ’01/MBA East Bay, Calif. Habitat for Humanity organization, he responded for General Mills. opportunities, including mergers and ’02, and Bouchra, Laval, Quebec, with a bigger plan — raising funds and awareness by cycling acquisitions, at Centene. Binping (Hunter) Zou, MBA ’06, Vihar Sheth, PMBA ’07, St. Louis, Jennifer (Gladstone) Peljovich, a son, Camil Adam. jlaghma- Peter Kelleher, PMBA ’05, Dublin, Shenzhen, China, is managing is vice president of US Bancorp BSBA ’92, and Alan, Baltimore, a [email protected] 3,300 miles across the country. Ireland, moved to Dublin to take Samuel Jacobs, BSBA ’06, Chicago, director at CSI Leasing (Shenzhen). Community Development. daughter, Flynn. a position as information technology is an associate with AlixPartners LLP. [email protected] Nobuyuki Mori, MBA ’02, Tokyo, a Frick, a 71-year-old prostate cancer survivor who had a double hip manager with Pfizer Business Casey Shirk, MBA ’07, Barnhart, daughter. [email protected] Russ Chrusciel, BSBA ’93, and replacement, hopes to raise $71,000 — ($1,000 for every year Technology. Having grown up in Kelley Johnson, EMBA ’06, is Moshe Barach, BSME/MBA ’07, MO, works in sales/estimating Karna, Geneva, IL, a daughter, Ireland, he is glad to be near his creating a new market category Chicago, is a senior consultant for for Top Care. Lucy Noel. Kim Fishman, PMBA ’03, and of his life). family. [email protected] called Mobile Internet Devices Navigant Consulting. [email protected] Jonathan, Denver, a daughter, for Intel. Andrea (Blumberg) Andréasson, Sarah Chaya. Frick retired from his position as vice chairman of Bank of Natalie Lischer, MBA ’05, Pleasant Chad Barnard, MBA ’07, Clive, IA, Margaret Watson, BSBA ’07, San MBA ’94, and Per, Malmö, Sweden, Hill, IA, is manager, corporate Craig Leabig, PMBA ’06, St. Louis, is corporate development manager Diego, works in sales and marketing a daughter, Filippa Maja Ellinor. Todd Kaye, JD/MBA ’03, and America’s board of directors in 1988. He serves on the boards finance and investment banking, is a director at Citi. He welcomes his for Meredith Corp. chade- with Cato Research, a contract [email protected] Sarah, St. Louis, a daughter, of institutions such as Charles Schwab Bank and Lucas Cos. for Renewable Energy Group. second child in September. [email protected] research organization. Charlotte Anne. Karen (Palmer) Bland, MBA ’94, and Jeffrey, St. Louis, a daughter,

30 OlinBusiness // 2008 2008 // OlinBusiness 31 CLASS NOTES

She and her husband, Peter, relocated Matthew Pfile, MBA ’05, San Stan Lu, MBA ’06, Taipei City, John Bucksath, EMBA ’07, Columbia, Matthew Brickhaus, MBA ’08, Georgia Gert. Martha (Pustilnik) Luchsinger, Susan Sontz-Sable, MBA ’00, to the area from Boston. Francisco, is a strategic negotiator Taiwan, is a private wealth manager MO, is general manager at ABC Belleville, IL, is U.S. transportation karen_palmer_bland@hotmail MBA ’03, and Jim Luchsinger, MBA to Jesse Sable, August 2007. [email protected] for Google. in the global wealth management Laboratories. [email protected] commander for the U.S. Navy at ’03, Berwyn, PA, have a 1-year-old [email protected] department at Merrill Lynch-Hong Scott Air Force Base. David Border, BSBA/AB ’94, and daughter, Anna Marie. David Small, EMBA ’04, Overland Amanda Rauschkolb, BSBA ’05, Kong. [email protected] Judy Burns, EMBA ’07, St. Louis, Sherri, Palatine, IL, a son, Jeffrey Timothy Spiker, BSEE ’95/PMBA ’01, Park, KS, is chief operating officer Chicago, is a senior business was honored in March with one of Ryan Day, BSBA ’08, Austin, TX, Raymond. [email protected] David Brown, MIM ’03/MBA ’04, to Sarah Wackerlin, Atlanta, May 17, for Sun Publications. davids- analyst for Culligan. Joseph Muich, PMBA ’06, the inaugural First Lady Awards for is a financial analyst at General St. Louis, a son, Calum Thomas. 2008. [email protected] [email protected] [email protected] St. Peters, MO, is a manager in Business and Innovation from Mills in Minneapolis. Cathy (Sletmoe) White, BSBA ’94, the newly created sourcing Missouri’s first lady, Melanie Blunt. and Chris White, BSCS/BSEE/MBA Suzanne Shenkman, PMBA ’06, and Bill Waelke, BSBA ’01, to Chak Tang, MBA/MIM ’04, Jersey Guoguang Shen, MBA ’05, Dayton, management office at Edward Camille Edelen, BSBA ’08, ’95, Lago Vista, TX, twins, James Albert Crook, BSCE ’96/MIM Karen DeMots, Chicago, July 2007. City, NJ, is an analyst for Citigroup. NJ, is working for Trane. Jones. [email protected] Ting Chen, MBA ’07, Alhambra, New York, accepted a position and Mary Cathryn. ’05/PMBA ’05/MSF ’07, St. Louis, CA, is a primary-care sales as a buyer for Bloomingdale’s. a daughter, Juliette Pauline. Erin Doty, BSBA ’02, to wed Ross Richard Yang, BSBA ’04, Beijing, Michael Sides, EMBA ’05, Brett Pantazi, MBA ’06, St. Louis, representative for pharmaceutical [email protected] Eric Schaefer, BSBA ’95, and [email protected] Toohey, St. Louis, October 2008. is an associate with Mitsubishi St. Charles, MO, has accepted the is an investment banking associate company Boehringer Ingelheim. Nora, Scottsdale, AZ, a daughter, Corporate Capital Asia. position of general partner at at National City Capital Markets. [email protected] Charlene Huang, MBA ’08, Alexa Rose. [email protected] Chuan-Ming Yang, MBA/MIM ’06, Anil Gupta, BSBA ’02, to Lisa Rogo, [email protected] Edward Jones. He has been with Taipei City, Taiwan, works for and Angel, Columbus, IN, a son, AB ’02, New York, August 9, 2008. the firm for 11 years. Sergey Shchemelev, BSBA ’06, Riley Haemer, BSBA ’07, Houston, Taishin Financial Holdings. Marc Packman, BSBA ’98, and Derek. [email protected] Christopher Alarcon, BSBA ’05, [email protected] Chicago, is an analyst for Deloitte works for Brown Shoe. [email protected] Natalie (Richards) Packman, Susan (Hanlon) Hemminghaus, New York, works in marketing Consulting LLP. BSBA ’98, Short Hills, NJ, a PMBA ’03, to Dan Hemminghaus, and communications for the Daolin Xu, EMBA-Shanghai ’05, Andrew Hellner, MBA ’07, Shigeyuki Inaguma, MBA ’08, daughter, Abigail Hannah. St. Louis, July 2, 2007. New York Mets. Suzhou, China, is general manager Chang Suk (Chris) Song, MBA ’06, Barcelona, Spain, is director of Kanagawa, Japan, works at Johnson [email protected] Marriages and for Doga (Nantong) Auto Parts. Seoul, South Korea, works for marketing for Local Billing. & Johnson. Teresa (Wildman) Wilke, MBA ’03, Suzette Asmar-O’Guin, PMBA ’05, [email protected] SK Energy. Laura Garofalo, BSBA ’99, and Engagements to Eric Wilke, Cape Girardeau, MO, St. Louis, is a senior business analyst Ryan Keefe, MBA ’07, New York, Jonathan Klein, BSBA ’08, Chicago, Joseph El-Etr, AB ’98, Chicago, Jeanette Garber, BSBA ’89, to Alan March 17, 2008. at Maritz. [email protected] Stephen Zimmerman, MBA ’05, Alessandra Vismara, EMBA- is an investment banking associate is a consulting analyst at Mercer. a daughter, Alexandra. Zemsky, Chicago, April 6, 2008. St. Louis, is a senior financial analyst Shanghai ’06, Milan, Italy, is general at Deutsche Bank. Michael Buescher, MBA ’04, to Shana Black, MBA ’05, Warren, MI, at Anheuser-Busch and moved to a manager in the master batch field Ian Lopez, BSBA ’08, Aurora, IL, Karen (Jaffee) Kalan, BSBA ’99, Andrea (Blumberg) Andreasson, Shannon Hayes, St. Louis, May 12, is a labor relations representative at new house. at Magenta Master Fiber. Jeffrey Kennedy, BSBA ’07, is a category development analyst and Jeremy, Encino, CA, a daughter, MBA ’94, to Per Andréasson, 2007. [email protected] Daimler Chrysler LLC. [email protected] [email protected] Mountain Lakes, NJ, is pursuing for Colgate-Palmolive. Marissa Danielle. Malmo, Sweden, Sept. 25, 2007. his master’s degree in elementary [email protected] Katherine Fogertey, BSBA ’04, Bradley Culberson, PMBA ’05, David Ader, BSBA ’06, San Sean Walter, AB ’98/MBA ’06, education. He would like to become James Stamatis, MBA ’99, and Patrick McNab, MBA ’96, to to wed Warren Gluck, AB ’05, New Boulder, CO, was promoted to chief Francisco, does online strategy Atlantic City, NJ, was promoted to a middle school math or science David Sanders, MBA ’08, Jean, Thousand Oaks, CA, a son, Soraya, London, 2006. York, December 2008. technology officer of Peaksware and mergers and acquisitions for manager of business analytics at teacher. [email protected] McKinney, TX, accepted the John (Jack) Healy. LLC. The company creates software Microsoft. [email protected] Trump Entertainment Resorts. position of senior financial analyst Tim Whittle, BSBA ’96, to Beth Sarah (Jacobs) Hill, BSBA ’04, to solutions, including TrainingPeaks Shiv Kumar, BSBA ’07, San at Frito-Lay’s headquarters in Jennifer (Graeser) Bierling, Slaughter, May 26, 2007. Shawn Hill, Shelton, CT, Dec. 31, WKO+ desktop software and the Sarah Baker, BSBA ’06, Rohit Wariyar, MIM ’05/PMBA ’06, Francisco, began work at Google Plano, TX. MBA/MIM ’00, and Eric, Fenton, [email protected] 2007. [email protected] TrainingPeaks Web application, Arlington, VA, works for the Shanghai, China, is manager-Asia on Nov. 26, 2007. His responsibili- MO, a son, Alexander Christian. used by professionals in the fitness Corporate Executive Board. for Flexsys, a division of Solutia. He ties include online advertising Nitin Sharma, MBA ’08, Nicole (LeClair) Wartchow, Akhilesh Gupta, MBA ’06, industry. [email protected] has relocated to Shanghai for three (AdWords) account management St. Louis, moved to Dallas, TX. Susan Sontz-Sable, MBA ’00, BSBA ’97, to Robert Wartchow, Minneapolis, MN 2007. Robert Cox III, MBA ’06, St. Louis, years and is covering Asia and India. and optimization for higher-speed [email protected] and Jesse, New York, a son, London, June 22, 2007. [email protected] Patrick Donovan, PMBA ’05, is a member of Peabody Energy’s technology business-to-business Aaron Benjamin. [email protected] [email protected] London, is the executive director management associate program. Jeremy Williamson, PMBA ’06, and information technology Lizhi Tan, BSBA ’08, Singapore, is a Kate LaBoube, PMBA ’06, St. Louis, of UBS. [email protected] He is on the procurement team after St. Louis, attends evening law school companies. [email protected] business analyst for McKinsey & Co. Jason Stone, PMBA ’00, and Kelli, Kerry (Soffar) Kaplan, BSBA ’97, April 19, 2008. [email protected] working in the operations planning at Saint Louis University and works Glendale, MO, a son, Parker Joseph. to Scott Kaplan, March 10, 2007. Andrew Dunklau, BSBA ’05, Dubai, department for two years. for Boeing. Philip Lewis, BSBA ’07, Atlanta, Simone Yao, BSBA ’08, New York, [email protected] Nikki LaBruyere, MBA ’07, to United Arab Emirates, recently works for Fulcrum Ventures. is looking for a full-time position Karen Soberg, BSBA ’98, is recently Jose-Paulo Lota Mamuric, MBA ’07, transferred to Dubai and was Kevin Crimmins, BSBA ’06, Donald Wunsch III, EMBA ’06, in the entertainment industry. John Busbice, MBA ’01, and engaged. [email protected]. Cincinnati, OH, August 18, 2007. promoted to associate at A.T. St. Louis, works in the Office of Rolla, MO, a professor at the Robert Morrison, PMBA ’07, [email protected] Caroline, Richmond, VA, a Kearney. [email protected] Undergraduate Admissions at Missouri University of Science St. Louis, is senior scientist-group daughter, Bridget Bondurant. Mitchell Whiteman, BSBA ’98, Lauren (Pohl) Russ, PMBA ’07, to Washington University. and Technology, was elected a lead for Pfizer Global Research & [email protected] to wed Whitney Berger. Michael Russ, St.Louis, May 24, 2008. Eugenio Ferrante, MBA/MIM ’05, [email protected] fellow of the International Neural Development. morrison- Toronto, is a consultant for Bain & Co. Network Society (INNS) and senior [email protected] Births and Ramon Santiago, MBA ’01, and [email protected] Kristin Doll, PMBA ’06, Hermosa fellow, the leader of the INNS fellows. Maria Manuel-Santiago, MBA ’01, Beach, CA, is senior marketing He has been active in the society for Ben Pasquier, BSBA/MSF ’07, Renton, Adoptions Edgewater, NJ, a son, Lorenzo Alumni Making a Difference Lee Garber, BSBA ’05, Philadelphia, manager for the Los Angeles Times. two decades. In recent years, he WA, works for McKinsey & Co. John Withee, BSBA ’87, and Tomas. [email protected] is an analyst for Versa Capital [email protected] played a significant role in reshaping Michelle, Greenwich, CT, a son, Management. its annual meeting, increasing mem- Poonnasa Phongpatanakijchote, James. [email protected] Aileen Supena Throne, MBA ’01, Ryan Heath, PMBA ’06, Waukesha, bership and reorganizing its leader- MBA ’07, St. Louis, is senior and Jason, Oakland, CA, a son, ob Frick, BSCE ’60/MBA ’62, knows Jason Holschen, MBA ’05, WI, is a member of the experienced ship structure. He also made auditor-trading for Ameren. John Tanenbaum, JD/MBA ’90, John (Jack) Paul. the importance of affordable homes. Crystal Lake, IL, is director of commercial leadership program at research contributions in several and Amy, Harrison, NY, a daughter, [email protected] BHe and his wife, Barbara, owned and strategic planning and business General Electric. [email protected] areas of the field, particularly in Evan Sharp, BSBA ’07, New York, Rebecca Eve. managed about 1,000 low- to moderate- development for Knaack LLC, a optical neural networks, approxi- is a financial analyst for Goldman Stephanie (Spannaus) Hebron, income units. division of Emerson. Jesse Hunter, EMBA ’06, St. Louis, mate dynamic programming, accel- Sachs. He is enjoying life and has Kirstin (Baum) Sumner, BSBA BSBA/MSBA ’02, and Al, St. Louis, was promoted to executive vice erating computationally complex begun training for his Chartered ’91/JD ’00, and Scott, Chicago, a son, Andrew Joseph. Michael Kaul, MSBA ’05, president of corporate development optimization problems, time-series Financial Analyst designation. a son, Graham Hubert. kay- So, when Frick received an invitation to bike 500 miles for the Minneapolis, is a financial analyst responsible for business development prediction and clustering. [email protected] [email protected] Jaafar Laghmadi, MIM ’01/MBA East Bay, Calif. Habitat for Humanity organization, he responded for General Mills. opportunities, including mergers and ’02, and Bouchra, Laval, Quebec, with a bigger plan — raising funds and awareness by cycling acquisitions, at Centene. Binping (Hunter) Zou, MBA ’06, Vihar Sheth, PMBA ’07, St. Louis, Jennifer (Gladstone) Peljovich, a son, Camil Adam. jlaghma- Peter Kelleher, PMBA ’05, Dublin, Shenzhen, China, is managing is vice president of US Bancorp BSBA ’92, and Alan, Baltimore, a [email protected] 3,300 miles across the country. Ireland, moved to Dublin to take Samuel Jacobs, BSBA ’06, Chicago, director at CSI Leasing (Shenzhen). Community Development. daughter, Flynn. a position as information technology is an associate with AlixPartners LLP. [email protected] Nobuyuki Mori, MBA ’02, Tokyo, a Frick, a 71-year-old prostate cancer survivor who had a double hip manager with Pfizer Business Casey Shirk, MBA ’07, Barnhart, daughter. [email protected] Russ Chrusciel, BSBA ’93, and replacement, hopes to raise $71,000 — ($1,000 for every year Technology. Having grown up in Kelley Johnson, EMBA ’06, is Moshe Barach, BSME/MBA ’07, MO, works in sales/estimating Karna, Geneva, IL, a daughter, Ireland, he is glad to be near his creating a new market category Chicago, is a senior consultant for for Top Care. Lucy Noel. Kim Fishman, PMBA ’03, and of his life). family. [email protected] called Mobile Internet Devices Navigant Consulting. [email protected] Jonathan, Denver, a daughter, for Intel. Andrea (Blumberg) Andréasson, Sarah Chaya. Frick retired from his position as vice chairman of Bank of Natalie Lischer, MBA ’05, Pleasant Chad Barnard, MBA ’07, Clive, IA, Margaret Watson, BSBA ’07, San MBA ’94, and Per, Malmö, Sweden, Hill, IA, is manager, corporate Craig Leabig, PMBA ’06, St. Louis, is corporate development manager Diego, works in sales and marketing a daughter, Filippa Maja Ellinor. Todd Kaye, JD/MBA ’03, and America’s board of directors in 1988. He serves on the boards finance and investment banking, is a director at Citi. He welcomes his for Meredith Corp. chade- with Cato Research, a contract [email protected] Sarah, St. Louis, a daughter, of institutions such as Charles Schwab Bank and Lucas Cos. for Renewable Energy Group. second child in September. [email protected] research organization. Charlotte Anne. Karen (Palmer) Bland, MBA ’94, and Jeffrey, St. Louis, a daughter,

30 OlinBusiness // 2008 2008 // OlinBusiness 31 IN MEMORIAM YOUR CAREER

Harry C. Jung, BSBA Charles C. Felchner, John L. Hayward, BSBA Julia (Boultinghouse) 1920s ’40, St. Louis BSBA ’48, Staunton, IL ’50/JD ’53, St. Louis Backerman, BSBA ’57, 1970s Philip E. Askey, BSBA ‘28, St. Louis Make Time for Self-Transformation Tedford P. Lewis, BSBA Richard E. Goyer, Jr., William G. Hyland, James O. Leathers, MBA Salem, MO ’40/MAEd ’46, St. Louis BSBA ’48, St. Louis BSBA ’50/JSD ’87, Robert L. Dunn, BSBA ’58, ’70, Blytheville, AR You know the phrase “There are no problems, only solutions.” Vienna, VA Belleville, IL 1930s Gerald F. Bailey, BSBA Gordon C. Hamilton, Dr. Vasant Shah, MBA ’41, Herrin, IL BSBA ’48, St. Louis David Klearman, BSBA David E. Ober, BSBA ’70, Mumbai, India It can be true if you add self-transformation to your to-do list. Myrtle L. Pope Ellis, ’50, St. Louis ’59, Fort Worth, TX BSBA ’30, Sacramento I. Jack Hunstein, BSBA Vernon R. Hoffman, Loren Leroy Lohman, ’41/MA ’46, St. Louis BSBA ’48, St. Louis S. Lee Kling, BSBA ’50, Jeanne Withrow Quaid, MBA ’76, St. Louis n the middle of a hectic workday, Be intentional about your network. Berenice (Kloske) St. Louis BSBA ’59, Metairie, LA your co-worker asks you to sit in on a Make new contacts, but don’t Wegman, BSBA ’32, Kathryn (Ruester) Ralph J. Layton, Sr., BSBA Jay Michael Ring, BSBA 1 Baton Rouge, LA McDowell, BSBA ’41, ’48/MBA ’50, St. Louis William L. Ottenad, Lawrence J. Siegel, ’76, St. Louis Imeeting for one of her projects. You neglect current ones. “It takes longer St. Louis BSBA ’50, St. Louis BSBA ’59, St. Louis Robert J. Adler, BSBA Robert L. Lloyd, AB Robert Lester Mueller, could view the meeting as an interrup- to warm up cold connections,” ’32/MBA ’33, St. Louis Robert J. McDowell, ’40/BSBA ’48, Michael Howard Riley, MBA ’78, tion — you’re swamped, after all. Or, Heise says. BSBA ’41, St. Louis San Antonio BSBA ’50, St. Louis 1960s Lewisburg, PA Gordon E. Graber, BSBA according to Karen Heise, you could Orville C. Young, MBA Kenneth Mark Filcoff, ’33, Columbus, OH Donald K. McEachern Harvey J. Oberman, Dr. Robert Henry Craft, consider it an occasion for self-transfor- Stay in touch with fellow Olin Jr., BSBA ’41, BSBA ’48, St. Louis BSBA ’51, ’60, Murfreesboro, TN BSEE ’77/MBA ’79, Emanuel Jackoway, Sarasota, FL Kansas City, MO Lawrence S.L. Ching, Castle Rock, CO mation, a chance to hear about company 2 Business School alumni (the Class BSBA ’33, St. Louis Russell C. Lehr, BSBA Robert C. Ausbeck, ’49, St. Louis Burton A. Librach, BSBA ’60/ MBA ’61, Mark Sherman O’Brien, innovations and strategies, be intro- Notes in this magazine are a good Allen V. Seligstein, BSBA ’43, Highlands, NC BSBA/JD ’51, St. Louis Honolulu AB ’77/ MBA ’80, duced to colleagues outside your place to start) and Olin faculty who BSBA ’35, Theodore R.P. Martin, Maido Kari, AB/MBA St. Louis Waunakee, WI Norman S. Epstein, BSBA ’49, St. Louis J. Bruce Waldt, BSBA department, and gain knowledge that have insight into research relevant to BSBA ’43, Dallas ’51, St. Louis ’61, Gaithersburg, MD Alvin Goldfarb, BSBA James C. Moloney, JD enhances your professional tool set. your field. Donald Raymond 1990s ’37/PhD ’99, St. Louis Robert W. Mecker, ’48/BSBA ’49/LLM ’73, John Dengler, BSBA ’52, Maj. Stuart Adam BSBA/MA ’43, St. Louis Barnhart, MO St. Charles, MO Reeves, BSBA ’61/MBA James B. Redman, BSBA ’67, Birmingham, AL Wolfer, BSBA ’93 Heise, interim director of Olin’s Keep current with trends in your ’37, Olney, IL John F. Reiner, Jr., BSBA Walter G. O’Guin, BSBA Jeremy G. Kurtz, BSBA Emmett, ID Ronald L. Rothman, Weston Career Center, defines self- 3 industry, as well as important ’43, Jupiter, FL ’49, St. Louis ’52, Fairmont, MN Barbara (Jovanovich) BSBA ’63/JD ’66, Tatnall William Warner, transformation as positioning yourself business issues like leadership, PMBA ’94/MIM ’96, Delunas, BSBA ’38, George Louis Kehm, Stanley M. Rosen, BSBA Robert L. Baker, BSBA St. Louis to take advantage of opportunities. She innovation and change management. Northport, AL BSBA ’46, St. Louis ’49, Bingham Farms, MI ’53, Sabetha, KS St. Louis Lennart N. Thunstrom, says staying in control of your career is George W. Rahing, Paul H. Young, Jr., BSBA Morris S. Rosenthal, Lester A. Crancer, Jr., MBA ’63, Jan Arthur Holzmann, BSBA ’38, Chittenden, VT ’46, St. Louis BSBA ’49, St. Louis BSBA ’53, St. Louis Osage Beach, MO EMBA ’96, always important, as we all need to feel Create visibility for yourself Lake St. Louis, MO in control of our destiny. within your organization. Donald D. Janes, Kenneth H. Brune, BSBA Sidney A. Savan, BSBA Albert J. Kern, BSBA ’53, Joel J. Barr, MBA ’67, 4 BSBA ’39, Hot Springs ’47, St. Louis ’49, St. Louis Portland, OR Atlanta 2000s National, AR Ruth (Sartorius) Cady, Lawrence A. Wallis, Mary (Foster) “It’s easy to be a feather in the wind Using her own career as an example, Frank G. Pinckert, BSBA Monica (Harris) It’s easy to be a feather in Oscar Klevens, BSBA BSBA ’47, Seattle BSBA ’49, St. Louis Wenneker, BSBA ’53, ’67, St. Louis when there’s an updraft from a soaring Heise lists admissions officers, Executive Worthington, OH Espelien, EMBA ’01, ’39, St. Louis John E. Murphy, BSBA Robert S. Wolff, BSBA the wind when there’s an Frank M. Cleary, BS Pevely, MO economy,” Heise says. “However, letting ‘‘ MBA students and marketing experts as ’47, Kerrville, TX ’49, St. Louis Myles K. Mandell, BSBA ’57/MBA ’68, Kerry D. Heilman, MBA the market determine your career course valuable contacts who “make me better 1940s ’54, Centerville, OH Walter E. Peters, MBA Beverly Hills, MI ’05, Troy, IL — unintentional transformation — rarely updraft from a soaring at my job by helping me understand the Richard I. Cavanagh, ’47, Phoenix 1950s Constantine G. Pulos, Steve Fossett, MBA Derek Butler, EMBA- BSBA ’40, Pittsburgh BSBA ’54, St. Louis is an effective approach.” organization better.” She says the Stanley P. Schlesinger, Kenneth A. Baker, BSBA ’68/DSc ’06, Chicago Shanghai ’07, St. Louis economy. However, letting ’50, St. Louis self-transformation journey changes at Rev. Robert W. Gordon, BSBA ’47, St. Louis Paul R. Potthoff, BSBA Robert C. O’Neill, MBA BSBA ’40, Robert L. Dunavant, ’55, Naples, FL ’68, Fredericksburg, VA Heise believes most people value self- the market determine your different stages of your career. Early on, Arlington Heights, IL Irvin Aronoff, BSBA ’48, St. Louis BSBA ’50, St. Louis transformation but don’t make or have you may be able to adopt a smorgasbord the time to make it a priority. As a result, career course — unintentional approach, exploring many areas and drove in the 24 Hours of Le Arts & Sciences’ Department of Earth and when they do stop to recalibrate, they transformation — rarely is an options for advancement. Steve Fossett don’t know where to start, what’s avail- Mans sports car race and Planetary Sciences and was a major supporter ,, MBA ’68, DSc ’06, 1944 - 2007 finished the Ironman of the Fossett Laboratory for Virtual Planetary able or how to ask for opportunities. effective approach. By midcareer, you tend to specialize ® and seek more targeted opportunities. A memorial service for adventurer, Triathlon in Hawaii. Exploration. Karen Heise aviator, sailor and businessman Steve She suggests making this resolution: If you’re a seasoned employee, Heise Fossett, MBA ’68, DSc ’06, was held in Fossett earned a bachelor’s “Steve Fossett was an amazing individual,” says “Every quarter, I’m going to do something Interim Director of Olin’s Weston Career Center warns, “It’s risky to have only one skill May at Graham Chapel on Washington degree in economics from Chancellor Mark Wrighton. “Although he was that enriches my life and career.” set that’s valued by your company. You University’s Danforth Campus. On Stanford University, as well considered one of the world’s most accom- Possibilities range from the safe and easy, need other abilities to fall back on should Sept. 3, 2007, Fossett’s light plane as an MBA from Olin plished adventurers, his focus was not strictly like “reading sections of The Wall Street your area of expertise. Schedule time to things change in your department, vanished while he was flying over the Business School. on breaking records. In addition to having a Journal you used to skip over,” to the review your progress at the end of the organization or industry.” Nevada desert, and he has since been distinguished business career, he had a genuine uncomfortable and challenging, like quarter, Heise says. Her suggested action declared legally dead. He was 63. His ties to Washington interest in not only challenging himself — volunteering for an assignment outside plan includes the following: University were strong. pushing the limits — but also encouraging Fossett held world records in five He was a member of the others to do the same to make the world a sports but was best known as the first person University’s Board of Trustees and Olin’s better place.” OPP Open-Enrollment Executive Education Seminars to circumnavigate the world solo in a balloon. National Council. Fossett was recognized with Washington University served as mission con- an Olin Distinguished Alumni Award in 1995 Fossett’s high energy and love of excitement Visit www.olin.wustl.edu/OPP for a complete schedule. trol for his historic 2002 flight. Fossett traveled and an honorary Doctor of Science degree extended to his career. A member of the New UPCOMING: October 7, 2008 October 31, 2008 November 20, 2008 20,602 miles, at speeds up to 204 mph and in 2006. York Stock Exchange for 26 years, he founded OLIN FINANCE FOR NON- BUILDING BUILDING COMPETITIVE heights reaching 34,700 feet. and managed Lakota Trading and was president * FINANCIAL MANAGERS BRAND POWER ADVANTAGE THROUGH In 1997, he and his wife, Peggy, established of Larkspur Securities. fyi PARTNERS’ October 28, 2008 November 6, 2008 STRATEGY He was fascinated by endurance sports. the Fossett Distinguished Professorship of Fossett swam the English Channel, competed Marketing at Olin. In 2006, he also funded an He is survived by his wife (the former Peggy PROGRAM GROWTH ENGINE TALENT MANAGEMENT December 11, 2008 in Alaska’s famed Iditarod Trail Sled Dog Race®, undergraduate research fellowship program for Viehland) and a brother and sister. LEADING INNOVATIVE (OPP) TEAMS

32 OlinBusiness // 2008 2008 // OlinBusiness 33 IN MEMORIAM YOUR CAREER

Harry C. Jung, BSBA Charles C. Felchner, John L. Hayward, BSBA Julia (Boultinghouse) 1920s ’40, St. Louis BSBA ’48, Staunton, IL ’50/JD ’53, St. Louis Backerman, BSBA ’57, 1970s Philip E. Askey, BSBA ‘28, St. Louis Make Time for Self-Transformation Tedford P. Lewis, BSBA Richard E. Goyer, Jr., William G. Hyland, James O. Leathers, MBA Salem, MO ’40/MAEd ’46, St. Louis BSBA ’48, St. Louis BSBA ’50/JSD ’87, Robert L. Dunn, BSBA ’58, ’70, Blytheville, AR You know the phrase “There are no problems, only solutions.” Vienna, VA Belleville, IL 1930s Gerald F. Bailey, BSBA Gordon C. Hamilton, Dr. Vasant Shah, MBA ’41, Herrin, IL BSBA ’48, St. Louis David Klearman, BSBA David E. Ober, BSBA ’70, Mumbai, India It can be true if you add self-transformation to your to-do list. Myrtle L. Pope Ellis, ’50, St. Louis ’59, Fort Worth, TX BSBA ’30, Sacramento I. Jack Hunstein, BSBA Vernon R. Hoffman, Loren Leroy Lohman, ’41/MA ’46, St. Louis BSBA ’48, St. Louis S. Lee Kling, BSBA ’50, Jeanne Withrow Quaid, MBA ’76, St. Louis n the middle of a hectic workday, Be intentional about your network. Berenice (Kloske) St. Louis BSBA ’59, Metairie, LA your co-worker asks you to sit in on a Make new contacts, but don’t Wegman, BSBA ’32, Kathryn (Ruester) Ralph J. Layton, Sr., BSBA Jay Michael Ring, BSBA 1 Baton Rouge, LA McDowell, BSBA ’41, ’48/MBA ’50, St. Louis William L. Ottenad, Lawrence J. Siegel, ’76, St. Louis Imeeting for one of her projects. You neglect current ones. “It takes longer St. Louis BSBA ’50, St. Louis BSBA ’59, St. Louis Robert J. Adler, BSBA Robert L. Lloyd, AB Robert Lester Mueller, could view the meeting as an interrup- to warm up cold connections,” ’32/MBA ’33, St. Louis Robert J. McDowell, ’40/BSBA ’48, Michael Howard Riley, MBA ’78, tion — you’re swamped, after all. Or, Heise says. BSBA ’41, St. Louis San Antonio BSBA ’50, St. Louis 1960s Lewisburg, PA Gordon E. Graber, BSBA according to Karen Heise, you could Orville C. Young, MBA Kenneth Mark Filcoff, ’33, Columbus, OH Donald K. McEachern Harvey J. Oberman, Dr. Robert Henry Craft, consider it an occasion for self-transfor- Stay in touch with fellow Olin Jr., BSBA ’41, BSBA ’48, St. Louis BSBA ’51, ’60, Murfreesboro, TN BSEE ’77/MBA ’79, Emanuel Jackoway, Sarasota, FL Kansas City, MO Lawrence S.L. Ching, Castle Rock, CO mation, a chance to hear about company 2 Business School alumni (the Class BSBA ’33, St. Louis Russell C. Lehr, BSBA Robert C. Ausbeck, ’49, St. Louis Burton A. Librach, BSBA ’60/ MBA ’61, Mark Sherman O’Brien, innovations and strategies, be intro- Notes in this magazine are a good Allen V. Seligstein, BSBA ’43, Highlands, NC BSBA/JD ’51, St. Louis Honolulu AB ’77/ MBA ’80, duced to colleagues outside your place to start) and Olin faculty who BSBA ’35, Theodore R.P. Martin, Maido Kari, AB/MBA St. Louis Waunakee, WI Norman S. Epstein, BSBA ’49, St. Louis J. Bruce Waldt, BSBA department, and gain knowledge that have insight into research relevant to BSBA ’43, Dallas ’51, St. Louis ’61, Gaithersburg, MD Alvin Goldfarb, BSBA James C. Moloney, JD enhances your professional tool set. your field. Donald Raymond 1990s ’37/PhD ’99, St. Louis Robert W. Mecker, ’48/BSBA ’49/LLM ’73, John Dengler, BSBA ’52, Maj. Stuart Adam BSBA/MA ’43, St. Louis Barnhart, MO St. Charles, MO Reeves, BSBA ’61/MBA James B. Redman, BSBA ’67, Birmingham, AL Wolfer, BSBA ’93 Heise, interim director of Olin’s Keep current with trends in your ’37, Olney, IL John F. Reiner, Jr., BSBA Walter G. O’Guin, BSBA Jeremy G. Kurtz, BSBA Emmett, ID Ronald L. Rothman, Weston Career Center, defines self- 3 industry, as well as important ’43, Jupiter, FL ’49, St. Louis ’52, Fairmont, MN Barbara (Jovanovich) BSBA ’63/JD ’66, Tatnall William Warner, transformation as positioning yourself business issues like leadership, PMBA ’94/MIM ’96, Delunas, BSBA ’38, George Louis Kehm, Stanley M. Rosen, BSBA Robert L. Baker, BSBA St. Louis to take advantage of opportunities. She innovation and change management. Northport, AL BSBA ’46, St. Louis ’49, Bingham Farms, MI ’53, Sabetha, KS St. Louis Lennart N. Thunstrom, says staying in control of your career is George W. Rahing, Paul H. Young, Jr., BSBA Morris S. Rosenthal, Lester A. Crancer, Jr., MBA ’63, Jan Arthur Holzmann, BSBA ’38, Chittenden, VT ’46, St. Louis BSBA ’49, St. Louis BSBA ’53, St. Louis Osage Beach, MO EMBA ’96, always important, as we all need to feel Create visibility for yourself Lake St. Louis, MO in control of our destiny. within your organization. Donald D. Janes, Kenneth H. Brune, BSBA Sidney A. Savan, BSBA Albert J. Kern, BSBA ’53, Joel J. Barr, MBA ’67, 4 BSBA ’39, Hot Springs ’47, St. Louis ’49, St. Louis Portland, OR Atlanta 2000s National, AR Ruth (Sartorius) Cady, Lawrence A. Wallis, Mary (Foster) “It’s easy to be a feather in the wind Using her own career as an example, Frank G. Pinckert, BSBA Monica (Harris) It’s easy to be a feather in Oscar Klevens, BSBA BSBA ’47, Seattle BSBA ’49, St. Louis Wenneker, BSBA ’53, ’67, St. Louis when there’s an updraft from a soaring Heise lists admissions officers, Executive Worthington, OH Espelien, EMBA ’01, ’39, St. Louis John E. Murphy, BSBA Robert S. Wolff, BSBA the wind when there’s an Frank M. Cleary, BS Pevely, MO economy,” Heise says. “However, letting ‘‘ MBA students and marketing experts as ’47, Kerrville, TX ’49, St. Louis Myles K. Mandell, BSBA ’57/MBA ’68, Kerry D. Heilman, MBA the market determine your career course valuable contacts who “make me better 1940s ’54, Centerville, OH Walter E. Peters, MBA Beverly Hills, MI ’05, Troy, IL — unintentional transformation — rarely updraft from a soaring at my job by helping me understand the Richard I. Cavanagh, ’47, Phoenix 1950s Constantine G. Pulos, Steve Fossett, MBA Derek Butler, EMBA- BSBA ’40, Pittsburgh BSBA ’54, St. Louis is an effective approach.” organization better.” She says the Stanley P. Schlesinger, Kenneth A. Baker, BSBA ’68/DSc ’06, Chicago Shanghai ’07, St. Louis economy. However, letting ’50, St. Louis self-transformation journey changes at Rev. Robert W. Gordon, BSBA ’47, St. Louis Paul R. Potthoff, BSBA Robert C. O’Neill, MBA BSBA ’40, Robert L. Dunavant, ’55, Naples, FL ’68, Fredericksburg, VA Heise believes most people value self- the market determine your different stages of your career. Early on, Arlington Heights, IL Irvin Aronoff, BSBA ’48, St. Louis BSBA ’50, St. Louis transformation but don’t make or have you may be able to adopt a smorgasbord the time to make it a priority. As a result, career course — unintentional approach, exploring many areas and drove in the 24 Hours of Le Arts & Sciences’ Department of Earth and when they do stop to recalibrate, they transformation — rarely is an options for advancement. Steve Fossett don’t know where to start, what’s avail- Mans sports car race and Planetary Sciences and was a major supporter ,, MBA ’68, DSc ’06, 1944 - 2007 finished the Ironman of the Fossett Laboratory for Virtual Planetary able or how to ask for opportunities. effective approach. By midcareer, you tend to specialize ® and seek more targeted opportunities. A memorial service for adventurer, Triathlon in Hawaii. Exploration. Karen Heise aviator, sailor and businessman Steve She suggests making this resolution: If you’re a seasoned employee, Heise Fossett, MBA ’68, DSc ’06, was held in Fossett earned a bachelor’s “Steve Fossett was an amazing individual,” says “Every quarter, I’m going to do something Interim Director of Olin’s Weston Career Center warns, “It’s risky to have only one skill May at Graham Chapel on Washington degree in economics from Chancellor Mark Wrighton. “Although he was that enriches my life and career.” set that’s valued by your company. You University’s Danforth Campus. On Stanford University, as well considered one of the world’s most accom- Possibilities range from the safe and easy, need other abilities to fall back on should Sept. 3, 2007, Fossett’s light plane as an MBA from Olin plished adventurers, his focus was not strictly like “reading sections of The Wall Street your area of expertise. Schedule time to things change in your department, vanished while he was flying over the Business School. on breaking records. In addition to having a Journal you used to skip over,” to the review your progress at the end of the organization or industry.” Nevada desert, and he has since been distinguished business career, he had a genuine uncomfortable and challenging, like quarter, Heise says. Her suggested action declared legally dead. He was 63. His ties to Washington interest in not only challenging himself — volunteering for an assignment outside plan includes the following: University were strong. pushing the limits — but also encouraging Fossett held world records in five He was a member of the others to do the same to make the world a sports but was best known as the first person University’s Board of Trustees and Olin’s better place.” OPP Open-Enrollment Executive Education Seminars to circumnavigate the world solo in a balloon. National Council. Fossett was recognized with Washington University served as mission con- an Olin Distinguished Alumni Award in 1995 Fossett’s high energy and love of excitement Visit www.olin.wustl.edu/OPP for a complete schedule. trol for his historic 2002 flight. Fossett traveled and an honorary Doctor of Science degree extended to his career. A member of the New UPCOMING: October 7, 2008 October 31, 2008 November 20, 2008 20,602 miles, at speeds up to 204 mph and in 2006. York Stock Exchange for 26 years, he founded OLIN FINANCE FOR NON- BUILDING BUILDING COMPETITIVE heights reaching 34,700 feet. and managed Lakota Trading and was president * FINANCIAL MANAGERS BRAND POWER ADVANTAGE THROUGH In 1997, he and his wife, Peggy, established of Larkspur Securities. fyi PARTNERS’ October 28, 2008 November 6, 2008 STRATEGY He was fascinated by endurance sports. the Fossett Distinguished Professorship of Fossett swam the English Channel, competed Marketing at Olin. In 2006, he also funded an He is survived by his wife (the former Peggy PROGRAM GROWTH ENGINE TALENT MANAGEMENT December 11, 2008 in Alaska’s famed Iditarod Trail Sled Dog Race®, undergraduate research fellowship program for Viehland) and a brother and sister. LEADING INNOVATIVE (OPP) TEAMS

32 OlinBusiness // 2008 2008 // OlinBusiness 33 BSBA Admissions 314.935.6000 800.638.0700 [email protected]

Full-time MBA Program and Professional (Evening) MBA Program 314.935.7301 888.622.5115 Creating knowledge…Inspiring individuals…Transforming business. [email protected]

WHO WE ARE Executive MBA-St. Louis Olin is an institution of leaders: inspiring faculty and exceptional staff…exhilarated, 314.935.9009 888.273.6820 brilliant students…and successful, energized alumni. Our mission is to: [email protected]

Executive MBA-Shanghai Create knowledge…Inspire individuals…Transform business. +8621 5566-4788 [email protected] This is our reason for being. It is unchanging. It has guided our pursuits for generations Master of Science in and continually inspires us to assess how we must change to best fulfill our mission in Finance Program the years ahead. 314.935.8382 [email protected]

In all we do, we are guided by a small set of timeless core values: Master of Accounting Program • Free, open and disciplined intellectual inquiry — We are rigorous, boundless and unrestricted 314.935.9542 in our passion for creating new knowledge. [email protected]

• The transformative power of learning — We are all lifelong learners who want to grow and PhD Program 314.935.6340 develop continually. Everyone is a teacher and a learner. [email protected]

• Community and collaboration — We are straightforward, welcoming, supportive people. Our Executive Programs interactions are the source of new insights, trust and a deep sense of belonging. (Nondegree) 314.935.9494 • Integrity and responsibility — We are fair and ethical in all we do. Taking the right way, as opposed to [email protected] the easy way, is a fundamental responsibility that goes with our privilege of being a business school and its impact on society. Weston Career Center 314.935.5950 • World-class quality and results — We deliver excellence, always. [email protected]

We want to hear from you about our alumni magazine. Please e-mail your comments to us at [email protected].

OlinBusiness Magazine NON PROFIT ORG. Campus Box 1162 US POSTAGE One Brookings Drive PAID St.Louis, MO 63130-4899 ST.LOUIS, MO PERMIT NO. 2535