Spring 2008 Issue - Neeley School of Business

Transcription

MAGAZINE OF THE NEELEY SCHOOL OF BUSINESS / TCU / SPRING 2008
Put me in, coach
Executive Coaching Brings Out The Winning Edge. 20
TCU Alumnus to be New Dean. 3
The Campaign for TCU Begins. 14
Female Business Leaders Have What It Takes. 24
Neeley Students Help
Their Communities
contents
(page 16)
7 Neeley News
Educational Investment Fund turns 35...Record number of
MAc students pass exam...Neeley MBA wins Texas Hall of Fame
scholarship...Finance students win stock challenge...TCU CEO
student wins national elevator pitch competition.
14 Campaign Kicks Off
Daniel G. Short
John V. Roach Dean of the Neeley School of Business
William L. Cron
Associate Dean of Graduate Programs
J. Vaughn and Evelyne H. Wilson
Professor in Business
William C. Moncrief
Sr. Associate Dean for Undergraduate Programs
Charles F. and Alann P. Bedford Professor of
International Business
Christine M. Riordan
Associate Dean for External Relations
Luther Henderson University Chair in Leadership
Editor
Jeff Waite
Front Cover Art
Bruno Budrovic
Art Director
Eric Prather
Contributing Photographers
Christina Heunermund
N. Degenkolb Photography
Truitt Rogers
Contributing Editor
Elaine C. Cole
Contributing Writers
Jennifer Humphrey
Holly Preston
Neeley Magazine / Spring 2008 / Vol. 9 No. 1
As part of The Campaign for TCU, gifts to Neeley can help in three
important ways. Learn more about how you can help.
16 Community Connections
Neeley students are actively encouraged to improve the quality of
life of their community and society at large, a perspective that goes
beyond business basics.
20 Put Me In, Coach
Today’s business culture no longer allows for supervisors or
employees who want to do the same thing in the same way with
the same people for years on end. It’s vital that you have the
ability to foresee, adapt to and drive change in order to take
advantage of the best opportunities. Executive coaching can make
the difference.
24 Study Finds: Female Business Leaders
Have What It Takes
Women business leaders have plenty of experience although it is
often different from that of men. Where their experience is more
diverse, men tend to be more singularly focused.
2 Message from the Dean
3 Hot Off the Press
Neeley Magazine (formerly Neeley@dvantage) is published twice a year by External Relations.
Neeley School of Business at TCU
TCU Box 298530, Fort Worth, TX 76129
817-257-7527
[email protected]
©Neeley School of Business at TCU 2008
Developing ethical leaders with a global perspective who help
shape the business environment.
www.neeley.tcu.edu
6 Media Spotlight
Campaign Kicks Off
(page 14)
29 Class Notes
36 On the Scene
Neeley Magazine / Spring 2008
message
from the
dean
Neeley Blends Consistency and Change
The Neeley School of Business is characterized by continuity and change. We
are guided by values that have remained constant over the years. While many
schools claim to place their highest priority on students, our faculty and staff do
so every day.
At Neeley, we are fond of saying: “It’s more than business, it’s personal.” We
believe that every student possesses unique potential. As educators, it is our
job to help those students develop that potential. We do not want our students
to be raw materials, going through a standardized production process and
becoming a homogeneous product. Instead we’re helping develop individuals
with unique leadership potential, capable of making significant contributions to
business and society.
While there is a constancy of purpose at Neeley, the environment also
is characterized by constant change. We have introduced innovative new
programs, such as BNSF Next Generation Leadership and Neeley Fellows. Our
curriculum is under constant revision, including bold new programs such as
Neeley and Associates Consulting. The faculty continue to be thought leaders,
writing articles that impact both business practice and academic literature. Over
the past few years, the faculty itself has gone through interesting change with the
arrival of a number of nationally recognized teacher/scholars.
Consistent with our theme of change, I will be experiencing some myself.
This summer we will welcome a new dean, Homer Erekson, to Neeley, as I
return to the classroom. Homer is currently the Dean of the Bloch School of
Business and Public Administration at the University of Missouri-Kansas City.
He is a TCU alum with strong Texas roots. Homer and I worked together at
Miami University, so I know him well. He is a terrific person and a wonderful
academic leader. I’m certain you’ll enjoy getting to know him.
At a personal level, I like to express my sincere appreciation for all the help
and support I have received during my term as dean. Everyone associated with
Neeley has made this the most enjoyable time of my career.
Daniel G. Short
John V. Roach Dean of the Neeley School of Business
Texas Christian University
hot off
the
press
TCU Alumnus Tapped to be Dean
Homer Erekson is coming back to the place that
gave him his first lessons in business 24 years
ago, this time as Dean of the Neeley School of
Business at TCU.
“As an alumnus of TCU and a member of the
National Alumni Board, I am excited and
gratified to have the opportunity to assume this
key leadership role for TCU and the Neeley
School,” Erekson said.
Erekson will take over dean duties this
summer. Current Dean Dan Short will return to
the faculty to teach full-time.
Erekson added: “I will do my best to build on
the accomplishments of Dean Short and the
faculty and staff to further inspire the
advancement of the Neeley School in becoming
a leading national business school.”
Erekson was selected from a pool of more
than 30 candidates in a search that began in
October. George Low, associate professor of
marketing, led the 14-member search committee.
The announcement was made in March by TCU
Provost Nowell Donovan.
“Homer possesses a deep familiarity with TCU
and the Neeley School’s areas of strengths and
in areas where growth and change can take
place,” Donovan said. “He has the ability and
personality to work with every member of the
Neeley communities—students, faculty, parents,
alumni and supporters. I am sure he will
continue Neeley on the path to greatness.”
Erekson comes to Neeley after serving six
successful years as Dean of the Bloch School of
Business and Public Administration at the
University of Missouri-Kansas City, where he is
also the Harzfeld Professor of Economics and
Business Policy. Financial support for the Bloch
School increased significantly under his
leadership. The school established a new
doctoral program in entrepreneurship and
innovation, revised the
undergraduate program,
established a new center
for real estate, increased
undergraduate and
graduate enrollment, and
significantly increased the
number of scholarships.
Previously, Erekson was
with the Farmer School of
Business at Miami
University (Ohio) for 24
years, where he worked
with Short.
“The Neeley School has
developed a strong
reputation in several areas,
including student
leadership, executive
development, premium
undergraduate education
and selective excellence in
graduate programs,” Erekson said. “To continue
to build a program of national stature, we must
attract high-quality students, recruit the very
best faculty, and develop market-focused
opportunities for emerging business leaders in
the region.”
Erekson’s areas of specialization include
corporate and public policy, environmental
economics, economics of education finance and
business ethics. He holds a B.A. in economics
and political science from TCU and a Ph.D. in
economics from the University of North
Carolina at Chapel Hill.
Look for a full spotlight on the new Dean in
the Fall 2008 Neeley Magazine.
hot off
the
press
First Case Competition is “Outstanding Success”
They came from far and wide — 55 MBA students
from 18 business schools across the U.S.,
including Neeley — to compete in the first Neeley
Sales & Marketing Strategy Case Competition,
sponsored by Sony Electronics.
“It was an outstanding success in terms of the
talent we saw, the recommendations we received,
the interest exhibited in Sony careers and the
organization of the event by TCU,” said Dennis
McTighe, Senior Vice President – Western Zone,
for Sony Electronics. “We look forward to doing
it again next year.”
After years of sending Neeley MBA students to
case competitions at other schools, Bill Cron,
associate dean for graduate programs, and Ed
Riefenstahl, director of experiential learning,
decided it was time to host a competition here.
“We are privileged to have a company as
successful and well-known as Sony as a
sponsor for our case competition,” said
Riefenstahl. “This was a valuable
opportunity for MBA students to gain
experience with and insight into a major
global retailer.”
As word went out, MBA students
signed up from Harvard, Emory,
Pepperdine, Rice, Tulane,
Georgia Tech, Indiana, Chicago,
Berkeley, Texas A&M, Baylor,
Arizona and Thunderbird.
Upon arriving at the
Neeley School on March
28, they were randomly
assigned to teams of
five, each from a
different school.
Each team was
presented the case the next day, which centered
on the Reader Digital Book by Sony. Sony
Electronics senior marketing executives presented
the case and acted as judges for the competition.
“It was exciting to create new marketing ideas
around a very innovative product like the Sony
Reader,” said Meredith Balderas, whose team
placed third. “I was impressed with the Sony
Executives’ interest in hearing our ideas.”
Neeley MBA Friederike Lenel, whose team
placed second, said she had worked on case
projects before, but with people she knew.
“To create in a short timeframe a smart and
creative solution with people I had not met
before was an interesting challenge, and a
situation most of us will come across in our
careers,” Lenel said. “We were open and listened
to each other’s ideas, which were fascinating
since we all came from such different
backgrounds. This case required creativity
and thinking outside the box; each of my
teammates had great ideas the other ones
had not thought of before. Everyone felt
involved and took ownership.”
From the Sony side, Jay Vandenbree,
president of Sony Consumer Sales,
said the competition gave them
insight into the MBA students and
what makes them tick, as well as
how the students think Sony
should go to market with the
product, how Sony should
price the product and where
it belongs.
Winning Teams
First Place - $6,000
•Mary Crowe, Neeley School of Business, TCU
•Bonny Smith, Kelley School of Business,
Indiana University
•Sherlon Kauffman, Georgia Institute of Technology
•Diasuke Tanaka, Haas School of Business, University of California-Berkeley
•Roma Patel, Jones Graduate School of Management, Rice University
Second Place - $4,000
•Friederike Lenel, Neeley School of Business, TCU
•Al Clark, Goizueta Business School, Emory
•Ryan Shaw, Eller College of Management, University of Arizona
•Jenna Chen, Georgia Tech
•Christopher DeToro, Kelley School, Indiana
Third Place - $2,000
•Meredith Balderas, Neeley School of Business, TCU
•Nilesh Gantam, Neeley School of Business, TCU
•Rakesh Arora, Hankamer School of Business,
Baylor University
•Jeremy Beasley, Jones Graduate School,
Rice University
•Cynthia Geng, Georgia Tech
First Place Team
Second Place Team
Sony Judges
•Jay Vandenbree, President, Sony Consumer Sales
•Steve Haber, Senior Vice President Marketing, Digital
Imaging and Audio Division
•Steve Tate, Senior Vice President Strategic Sales
and Planning
•Ken Stevens, Senior Vice President—Central Zone
•Paul Spitale, Senior Vice President— Eastern Zone
•Dennis McTighe, Senior Vice President—Western Zone
•Lauren Robinson ’05 Marketing Promotions Specialist
Third Place Team
media spotlight
Fort Worth, Texas Magazine
Spotlights Associate Dean
Chris Riordan’s Brilliant Mind
When Fort Worth, Texas magazine went looking
for the most brilliant minds in Tarrant County,
they looked to the Neeley School of Business and
found Chris Riordan, management professor and
holder of the Luther Henderson University Chair
in Leadership. Dr. Riordan was one of 14 gifted
intellectuals whose stories and achievements were
highlighted in the April 2008 issue.
Riordan was quoted as saying she is often asked
whether leadership can be learned. Are leaders
Wall Street Journal
Research by Nancy Nix, Zach Zacharia and
colleagues on what makes some collaborations
with suppliers succeed while other fail, was
featured on the WJS’s Business Insight web site.
The WSJ also featured a podcast interview with
Nix about additional elements that shape the
outcome of collaborations between companies,
including the personalities of the people involved
and common mistakes they make. (Oct 2007)
BBC
Bill Wempe’s study on U.S. companies using
Caribbean offshore accounts was featured by the
BBC and on the Caribbean Media Corporation
news agency web site.
U.S. News & World Report
Siri Terjesen’s study of the rat-catching Irula
born? Are leaders made? How can someone learn
to become a more effective leader? “Some of
these may lend themselves more easily to
leadership roles; others may prohibit entrance or
make entrance harder
into leadership roles,” she
said. “Are leaders born?
Yes. Are leaders made?
Yes. Can leadership be
learned? Yes. But it is
hard work to become an
effective leader. The best
leaders are those who are
always working to be
better. Being an effective
leader is a constant work
in progress.”
The story discussed her interest in leadership, her
research focus and her national reputation as a
leadership development and diversity expert.
tribe in India was featured in U.S. News & World
Report, The Hindu, Press Trust India, South China
Morning Post, San Francisco Chronicle, Christian
Science Monitor and on several blogs. (Dec 2007Mar 2008)
Indianapolis Star
Michael Cole’s research on workers being more
effective when they agree about the boss, good or
bad, was featured in the Indianapolis Star and in
the Cincinnati Enquirer. (Dec 2007)
Ascend magazine
Garry Bruton and Stan Block were the featured
experts in three stories that ran in this magazine
for airline executives. (Mar 2008)
Neeley News
Student Successes
EIF Turns 35
With a $600,000 donation from William C.
Conner, co-founder of Alcon Laboratories, the
Educational Investment Fund became the first
entirely student-run portfolio in the nation in
1973. Since then, the EIF has distributed more
than $2.2 million in annual contributions to
the Conner Foundation’s two beneficiaries:
TCU and Baylor Medical School’s Department
of Ophthalmology.
EIF students analyze investments, delve into
companies, convince their associates and execute
trades to invest the money wisely. More than
850 students have used this unique educational
experience to propel them to exceptional Wall
Street careers.
“They experience the risks and rewards that
financiers face every day,” said Dr. Stan Block,
faculty advisor. Dr. Block hand-picked the first
EIF students: James Bowie, Gary Naifeh, William
McLaughlin, Ronald Moore and Roy Topham.
Kudos to them for establishing a firm foundation.
Record Number of MAc
Students Pass CPA Exam
Neeley’s largest number of Master of Accounting
grads to take the Uniform CPA Exam (Dec 2007)
also had the highest success rate to date: 73.21.
UT Austin’s McCombs School grads averaged
68.60, Baylor: 66.67, SMU: 62.93 and UT
Arlington: 58.91.
The average success rate for Texas is 54.83.
The national average success rate is 45. National
accounting firms offer cash incentives for
students who pass the exam on their first try.
“Our students are smart, high achievers who
are dedicated to being CPAs,” said Barry Bryan
director of the MAc program. “This achievement
reflects the quality of instruction they receive and
our emphasis on lifelong learning skills.”
Neeley MBA Wins Texas
Hall of Fame Scholarship
Tim Bates was awarded a $10,000 scholarship, for
leadership traits, entrepreneurial achievement,
moral character
and academic
credentials, at
the 25th Annual
Texas Business
Hall of Fame
Induction Dinner
in San Antonio.
The dinner culminated a day of networking and
business insights shared by the leading minds in
Texas business today.
“I was honored to be nominated by the faculty
at TCU for this scholarship,” said Tim. “It was a
privilege to be surrounded by the giants of Texas
business, like Herb Kelleher and Red McCombs.”
Finance Students Win
Stock Challenge
Neeley’s Financial Management Association won
first place in its first year at the National Stock
Challenge. Eight teams from universities across
America participated in the challenge to create
the highest return on their virtual portfolios.
Neeley News
Student Successes
The Neeley team earned a 7.49 percent return,
$74,900 on its million-dollar virtual stock
portfolio. The second place team, University of
Texas at El Paso, earned a 1.19 percent return.
Michael Burns, senior finance and accounting
major, said: “Winning the challenge shows
Neeley is doing a great job teaching students not
only the basics but advanced economy.”
Congratulations to team members: Jeff
Anderson, Scott Boston, Michael Burns, Zach
James, Justin LaPoten and Hiran Patel.
MBA Teams Provide
Valuable Consultation
Neeley & Associates Consultants formed in
Fall 2007 as a professional means for MBA
students to work on projects for businesses and
organizations. To date, 13 projects are in the
works or have been completed for organizations
from Texas to California, covering branding,
positioning, new venture feasibility, product
flow cost analysis and product loading/shipping
practices review.
“Neeley & Associates Consulting is perfect
for companies who have projects that need
undertaking but may not have the internal
staff, resources or time to do so,” explained Ed
Riefenstahl, director of experiential learning.
It’s a win-win scenario. Neeley MBAs gain
unparalleled knowledge, while companies receive
real answers to vital business initiatives.
TCU CEO Wins
National Awards
TCU CEO brought home more awards than any
other club, and student representatives made three
presentations to more than 1,200 students and
faculty sponsors, at the National CEO Conference
in Chicago.
TCU CEO won Best Electronic Based
Networking and Best In-person Networking. They
placed 2nd in Best
Marketing Plan
and Best Student
Leader. Jacob
Watson won the
Elevator Pitch
Competition and
$2,500, coming
in first out of
60 students. April Taylor placed in the Top 10,
winning $500.
“Each year, these students show their merit
with responsibility and professionalism. It’s
easy to see that they have the entrepreneurial
spirit, and equally easy to see that they will all
go far,” said David Minor, director of the Neeley
Entrepreneurship Center.
MBAs Fly High
At DFW Airport
Two Neeley full-time MBAs, Kamilah Edwards
and Saurabh Mitra, were invited as VIP guests
to attend the 2008 International Airport Cities
Conference and Exposition, hosted this year by
DFW International Airport. Sponsors for the
students were brothers Tim and Terrance Maiden,
TCU 2000 alumni and partners in the Southgate
Plaza development near DFW Airport.
Both Edwards and Mitra have an interest in real
estate and DFW airport.
Student Successes
Warren Buffett Welcomes
Neeley MBAs
The invitation was exceptional — a day with
Warren Buffett, one of the richest men in the
world and an idol to finance students.
On October 11, a contingent of 70 Neeley
MBAs traveled to Warren Buffett’s Berkshire
Hathaway headquarters in Nebraska to spend
time with the low-key billionaire investor.
“Being in such a relaxed, informal setting with
him felt like we were friends invited over to his
house,” said Melissa McIntyre, one of the Neeley
MBAs who coordinated the trip. “When we
walked in the door he was there shaking
everyone’s hand, saying hello.”
The invitation to lunch and a Q&A session
came about through a committee of Neeley
MBAs formed by co-presidents of the MBA
Association, McIntyre and Tres Masser. The
committee included: Katie O’Brien, Kelly
Morris, Mark Worsham and Grant McCurdy.
Bill Cron, associate dean of graduate services,
gave them the contact information of the
coordinator at Berkshire Hathaway and
encouraged the students to pursue the invitation
from Buffett themselves, rather than it coming
from the school.
“It felt like we were friends invited
over to his house.”
~ Melissa McIntrye
Knowing that this opportunity would never
come again, the TCU group put a lot of thought
and effort into the day. The committee collected
articles and information on Buffett and
dispensed them to the rest of the group. They
asked each person to submit two questions each,
then narrowed those down to 20.
Then it was off to Omaha.
Before lunch, the students toured Nebraska
Furniture Mart and attended a ribbon cutting
for a new appliance/electronics store.
Afterward, they proceeded to the Field Club
Omaha for lunch and a lengthy, informal, Q&A
session with
Buffett. The Neeley
group was prepared,
poised and
professional.
It was clear that
the investmentsavvy Buffett was
having a grand time
hosting the
students. “He was
charismatic and
down-to-earth,” said
Morris. “He had
everyone captivated.”
Buffett shared his logic and strategies for his
highly successful business decisions.
McIntyre said: “There was a point in the Q&A
when I realized he was looking right at me when
he was speaking, and I’m thinking, ‘Warren
Buffett is talking to me!’ I realized how lucky I
was at that very moment.”
Along with his keen insight, the students
witnessed Buffett’s winning personal qualities.
“He was telling jokes and exhibiting
thoughtfulness to others,” said O’Brien. “He
kindly took the time for individual pictures with
each student after the session was over.”
Masser noted that the TCU students stood out
from the students from the two other colleges
that were in attendance.
“The TCU students were a class act, a step
above the other schools who attended, and on
the top of their game,” he added. “It made me
proud that I was a Horned Frog.”
Faculty/Staff Successes
Faculty Awards & Accolades
One hallmark of a great business school is
possessing exceptional faculty. These Neeley
educators have been singled out for their
expertise and dedication to knowledge in the
classroom and beyond.
Chris Riordan, associate dean of external
relations, was designated as one of the
Metroplex’s “Brilliant Minds” by Fort Worth,
Texas magazine. Riordan was noted for her
research and expertise in leadership, diversity
and workplace issues.
Brad Hancock, assistant director of the
Neeley Entrepreneurship Center, was honored
with the Acton Foundation’s national
Entrepreneurship Master Teacher Award.
Hancock, one of only three teachers across the
country to receive the award, was nominated by
one of his students, Austin Adams.
In-Mu Haw, professor of accounting, was the
Neeley School’s nomination for the 2008
Chancellor’s Award for Distinguished Work in
Research and Training.
Sandra Callaghan, associate professor of
accounting, was the Neeley School’s nomination
for the 2008 Dean’s Award for Teaching. She
10
also received the Faculty Innovation in
Curriculum award.
Rob Rhodes, director of international
programs and associate professor of professional
management - business law, received the Michael
and Susan Baer Award for Outstanding
Mentoring for 2008.
John M. Thompson III, marketing instructor
and intern coordinator for the Neeley School,
received the Wassenich Award for Mentoring at
TCU’s Convocation and Founder Celebration.
Chancellor Victor J. Boschini Jr. presented the
prestigious award to Thompson, who has been
an instructor in the Neeley School of Business
for 28 years.
More Faculty Awards
• Graduate Teaching/Core: Assistant Professor of Enterprise Operations Tyson Browning
• Graduate Teaching/Elective: Professor of Professional Practice, Accounting, and Master of Accounting Director Barry Bryan
• Undergraduate Teaching/Core: Professor of Accounting In-Mu Haw
• Undergraduate Teaching/Elective or Major: Professor of Finance Peter Locke
• Non-Tenure Track Professor: Management Instructor Patrick Nuss
Riordan
Hancock
Haw
Callaghan
Rhodes
Thompson
Browning
Bryan
Locke
Nuss
Nguyen
Torrey-Sawuer
Neeley News
Faculty/Staff Successes
Neeley Staff Honored for
Outstanding Service
Hoai-Phuong Nguyen and Aisha TorreySawyer were recognized by their peers for
their exceptional work with Neeley students,
faculty and staff. Nguyen, graduate admissions
coordinator in the Neeley MBA office, received
the Fall 2007 Outstanding Staff Award. TorreySawyer is the assistant director of the Neeley
Student Resource Center. She was honored with
the Spring 2008 Outstanding Staff Award.
Staff Moves
You may notice some new faces around Neeley,
and some familiar faces in new places:
LaTanya Johns became the director of
graduate career services March 1. LaTanya brings
more than nine years of career services
experience to the center, including positions at
the Rochester Institute of Technology, UT
Austin (McCombs), and our own University
Career Services Center at the Neeley School.
Most recently, LaTanya was assistant director of
the Center for Professional Communication.
Keri Young is the new assistant director for
graduate career services for Neeley. She holds a
Johns
Young
M.S. Ed. in workforce education and
development from Southern Illinois University.
In January, Graduate Career Services moved
into renovated offices in Dan Rogers Hall next
to the MBA offices.
Marcia Hensley is now the assistant director
for executive development with the Tandy
Center for Executive Leadership. Marcia
previously worked in the Luther King Capital
Management Center for Financial Studies. She
brings her skill in coordinating programs and
events to the Tandy Center. Marcia is currently
pursuing her MBA at Neeley.
Janice Elliott has been promoted to academic
advisor for Neeley School undergraduate
admissions in the Neeley Student Resource
Center. Janice previously was academic program
specialist.
Paula Hancock has been promoted from
administrative assistant to academic program
specialist.
Alumni Professor of the Year
Rob Rhodes, director of international programs
and associate professor of professional
management - business law, is the 2008 Alumni
Professor of the Year. The alumni who
nominated Rhodes said that he had influenced
their lives not only by the content of what he
taught but also the values he conveyed. Rhodes
said that every time he enters the classroom, he
considers himself blessed to be doing the one
thing in this world that he loves the most.
Rhodes will speak at Neeley alumni events
throughout the 2008-09 semesters.
Visit www.neeley.tcu.edu for more
news about Neeley faculty and staff.
Hensley
Elliot
Hancock
11
Neeley News
David Preston’s article,
“Antecedents of IS Strategic
Alignment: A Nomological
Network,” will be published in
Information Systems Research.
Faculty Publications
Robert P. Leone and co-author
published “Chasing Brand
Value: Fully Leveraging Brand
Equity to Maximize Brand
Value” in the Journal of Brand
Management.
Curt B. Moore and co-authors’
article, “The Impact of
Economic Integration on CrossBorder Venture Capital
Investments: Evidence from the
European Union,” will be
published in Entrepreneurship Theory and Practice.
Elizabeth Plummer and coauthor published “Budget
Adjustments in Response to
Spending Variances: Evidence
of Ratcheting of Local
Government Expenditures” in
the Journal of Management Accounting Research.
Stanley B. Block will publish
his article, “The Liquidity
Discount in Valuing Privately
Owned Companies,” in the
Journal of Applied Finance.
12
Keith M. Hmieleski’s paper,
“When Does Entrepreneurial
Self-efficacy Enhance Versus
Reduce Firm Performance?” will
be published in the Strategic
Entrepreneurship Journal.
Garry Bruton will publish
“Founders, Private Equity
Investors and Underpricing in
Entrepreneurial IPOs” in
Entrepreneurship Theory and
Practice.
Michael S. Cole will publish
his paper, “The Affective
Mechanisms Linking
Dysfunctional Behavior to
Performance in Work Teams: A
Moderated Mediation Study,”
in the Journal of Applied Psychology. Cole and coauthors’ published “A Top Management Team’s
Reactions to Organizational Transformation:
The Diagnostic Benefits of Five Key Change
Sentiments” in the Journal of Change
Management.
Siri Terjesen and co-author will
publish “Female Presence on
Corporate Boards: A Multicountry Study of Environmental
Context” in the Journal of
Business Ethics. Her paper,
“Venturing Beyond the Marathon: The
Entrepreneurship of Ultrarunning and the IAU
World Cup in Korea,” will be published in Asian
Business and Management. Terjesen and coauthors will publish “Intermediated
Internalization: Evidence from the Software
Industry in Ireland and India” in
Entrepreneurship and Regional Development.
Terjesen and co-authors’ paper, “Newly
Appointed Directors in the Boardroom: How
Do Women and Men Differ?” will be published
in the European Management Journal.
William Moncrief and coauthors published “The
Complexities of Sales and Sales
Management Research: A
Historical Analysis from 1990 to
2005” in the Journal of Personal
Selling and Sales Management.
Mary Stanford and co-authors’
article, “Further Evidence on
the Relation Between Analysts’
Forecast Dispersion and Stock
Returns,” has been accepted for
publication in Contemporary
Accounting Research.
Watch for It
Coming soon to your mailbox.
Neeley Intelligence
Register at
www.neeleyintelligence.tcu.edu
Tyson Browning and Ralph
Heath, Neeley International
Board of Visitors member and
president of Lockheed Martin
Aeronautics Company, will
publish “Reconceptualizing the
Effects of Lean on Production Costs with
Evidence from the F-22 Program” in the Journal
of Operations Management.
To see more research by Neeley faculty,
visit www.neeley.tcu.edu
13
“TCU has been such an important part of my life. I think it’s great
to have this opportunity to give back to a school, and a community,
that has given so much to so many.”
~ Robert J. McCann MBA ’82, vice chairman and president
Global Wealth Management, Merrill Lynch & Co., Inc.
For 70 years, the Neeley School has educated
business leaders who go on to influence
businesses in Texas and around the world.
Neeley has changed over the years, keeping up
with the complexities of the modern business
world. Today’s business students are taught to be
globally astute, technologically savvy, ready to
lead, and able to see and seize new opportunities.
This forward-thinking education relies on
excellent academic initiatives, expert faculty and
renowned centers of study. But most of all, it
relies on you.
The Campaign for TCU, which kicked off on
April 3, gives alumni, parents, students and
business partners the opportunity to help Neeley
continue its mission, realize its future, support
students and faculty, and deliver a world-class,
values-centered university experience.
“As an alum, I am passionate about the Neeley
School of Business, and as a businessman, I
know that it is an extremely important resource
to Fort Worth and Tarrant County,” said Phil
Norwood ’72, regional president of Frost Bank.
“The Neeley School provides outstanding talent
for our market at both the undergraduate and
graduate levels. I am proud to support it.”
14
“TCU has been such an important part of my
life,” said Bob McCann MBA ’82, vice chairman
and president of Global Wealth Management –
Merrill Lynch & Co., Inc. “I think it’s great to
give back to a school, and a community, that has
given so much to so many.”
How You Can Help
Your gift can underwrite exceptional resources,
benefit initiatives or provide a margin of
excellence through faculty support. Investments
in the following areas provide the greatest
opportunity for continued success:
Supporting Active Learning Initiatives
Neeley strongly encourages experiential learning,
taking the skills students learn in the classroom
and applying them to real-world challenges.
Several initiatives have been lauded by business
leaders, students and faculty for enhancing the
educational experience beyond the classroom:
•Neeley & Associates Consulting
•Neeley Fellows
•TCU Texas Youth Entrepreneur of the Year
•International Program
From left, top to bottom - Chancellor Victor Boschini, Elizabeth Webster and Chip Webster; Homer Erekson, incoming dean of the Neeley School of
Business; Charles and Judy Munnerlyn, Dan and Kim Grigg, and Bill Shaddock; Trustees and International Board of Visitor members Ron Parker and
Nick Giachino with IBOV member Thomas Meagher; Smith Entrepreneurs Hall; International Board of Visitor member P.D. Shabay
Enhancing Academic Centers for Excellence
Neeley is recognized for providing singular
opportunities for specific areas of study:
•Supply and Value Chain Center
•LKCM Center for Financial Studies
•Neeley Entrepreneurship Center
•Leadership Center
The Campaign for TCU
Neeley School of Business
Funding Priorities
Faculty Support
$15 million
20%
Attracting and Retaining Top Faculty
Neeley has added eight professors to the faculty
in the past two years, people who are recognized
world-class leaders in their fields. Support for
chairs, professorships and fellowships guarantees
our ability to provide notable teachers for our
students.
For more information on how you can join The
Campaign for TCU and directly impact the future
of business education at TCU, contact Heather
Brust, Development Director for the Neeley
School, at 817-257-5149 or [email protected].
Academic Centers
$8 million
38%
42%
Experiential Learning
$17 million
15
Neeley Students Connect With
Community Through Service Projects
community
connections
By Elaine C. Cole
By encouraging students to actively improve
the quality of life of their community and
society at large, Neeley demonstrates a
perspective that goes beyond business basics.
Capstone service-learning projects serve as
examples of the quality of students’ education
and the largess of their spirits in helping others.
In the classroom…
Dr. Jane Mackay’s business information systems
consulting class has been creating web sites for
nonprofit organizations for
more than six years.
“If we can build a web site
for a nonprofit organization
and increase the number of
volunteers they get or the
number of donations they
get or even their
awareness in the
community, then we’ve
accomplished the job,”
Mackay said.
Last fall, students
worked on web sites
for Megan’s Crossing,
Goodrich Center for the Deaf and Hard of
Hearing, Prevent Blindness Fort Worth, Tarrant
County AIDS Interfaith Network, The Funding
Information Center and Expanco, which
16
provides employment opportunities for adults
with disabilities.
Business students Charles Powell, Daniel
Osborn, Chris Townsend and Austin Jochetz
worked on Expanco’s web site. They added the
ability to donate via the web site, and updated
the information on the site to give visitors a
better understanding of Expanco and its goals.
They increased site traffic through search engine
optimization and metatags to improve results on
“The site went live and within two
days we had donations from people
who hadn’t donated to us in over
two years.”
~ Dena Walts
Expanco
major search engines. A new database provides
better client, customer and donor information,
removes duplicates and provides mailing reports
which allow Expanco to cut postage costs.
“The site went live and within two days we
had donations from people who hadn’t donated
to us in over two years,” said Expanco’s Dena
Walts. “Plus, a major corporation is interested
in our next fundraiser. These requests are from
previous donors/sponsors who are getting
involved again because of our new web site.”
The end result of the web site projects met
with positive attention and appreciation from
the nonprofit organizations. Daphne Myles,
executive director of Tarrant County AIDS
Interfaith Network, said: “We are so grateful for
everything Dr. Mackay and
the TCU business students
did to develop our web
site. It has really made a
significant difference for
a small, non-profit
organization!”
And beyond…
Commencing what
hopes to be a longterm community
partnership
between TCU and
the Near Southside
neighborhood, Neeley Fellows
began projects with Samaritan House and Fort
Worth South Inc. last fall.
For the Near Southside Tree Planting
Program, the students established partnerships,
secured resources, prepared planting and
maintenance plans, identified costs,
conducted feasibility analyses
and created a working budget.
In addition, they performed
market research, assessed
community needs and
performed financial analysis of
real estate development for the
Near Southside.
“We hope to promote social
responsibility and develop a sense
of stewardship among our
students,” said Dr. Beata Jones,
Neeley Fellows director. “Their work
will result in tangible civic
improvements and recognition for TCU’s
student resources.”
Steve Dutton, president and CEO of
Samaritan House, said that nonprofits rarely
have the chance to receive this kind of help
without incurring great expense. “We appreciate
TCU encouraging student involvement in
addressing our community’s
problems,” he said.
Meanwhile, the BNSF Next
Generation Leadership students
volunteered at Alliance Air
Show benefitting the United
Service Organization, whose
mission is to extend a “touch of
home” to military troops stationed
around the world.
More than 100,000 people
attended the two-day event. The
students sold USO wristbands, helped
with accounting and entry control,
demonstrated how to use flight
simulators and signed in volunteers.
“I cannot say enough about the level of
professionalism the BNSF Next Generation
Leadership students brought
to the Alliance Air Show,”
said Barney Herl, assistant
property manager for
Hillwood. “They displayed
a sense of pride and
ownership while
volunteering for such a
worthy cause.”
Jessica Miller,
president of BNSF
Next Generation
Leadership, said that
a large part of being
a leader is servant
leadership and helping the
17
greater community. “We were eager to put our
enthusiasm and ideas to work for U.S. soldiers.”
“Civic engagement isn’t something you can
teach from a book or in a classroom,” said Dede
Williams, assistant director of student
leadership programs.
“We encourage our
students to be
proactive in finding
ways to interact
with their
community. It
helps them
develop a sense of
who they are and
where they want
to be.”
Numerous
Neeley students
put down their
laptops and picked up hammers
and paint brushes as volunteers for Habitat for
Humanity and Frog House.
The TCU chapter of the National Association
of Women MBAs participated in Habitat for
Humanity. “The experience not only helped a
deserving family, it helped bring our
group closer together in an
environment
that didn’t
involve books
or tests,” said
Kelly Morris.
Eric Tabone,
senior financereal estate major,
helped lead the
junior class Frog
House team as
executive director.
“We raised more
than $40,000 to build
18
a house in conjunction with Habitat for
Humanity by sending letters to parents, speaking
at faculty senate and staff assembly, talking to
local companies, and organizing a student giving
campaign,” he reported.
Then they organized more than 500
volunteers to help build the house for a
recipient selected by Trinity Habitat for
Humanity. The eight-person Frog House
executive team also included business students
Cody Cotton (finance-real estate), Brittany
Schmucker (business information systems), and
Chris Volpe (business information systems).
“In and out of the classroom, civic
engagement is an essential element of the
Neeley curriculum,” said Christine Riordan,
associate dean for external relations. “It
broadens students’ horizons as well as their
career opportunities.”
Page 16 - The Tarrant County AIDS Interfaith Network
web page created by eBusiness students Hong Ngo, Meghana
Mathew, Dillon Jones and Ashley Theiss.
Page 17 (top) - An aerial view of the Near Southside
neighborhood indicating proposed tree planting - a project led
by Neeley Fellows students. Project team members include:
Design-Vanessa Perets, Logan Smith, Ashley Homsher and
Riley Powell; Marketing-Melissa Melcher, Kristen Schropp,
Kristen Chapman and Brandon Chamberlin; EntrepreneurLyndsey McClelland, Leslie Taylor and April Taylor; BudgetRob Staky, Cami Miller and Mackenzie Short.
Page 17 (bottom) - Jessica Wickizer and Sarah Morre,
members of the BNSF Next Generation Leadership Program,
volunteer at the Alliance Air Show benefitting the United
Service Organization (USO).
Page 18 (top to bottom) - Neeley MBA students Greg
Goolsby and Dorothee Irisson work on a Habitat House;
MBA students pose in front of the Habitat House. They are:
Back - Greg Goolsby, Spencer Bayless, Christopher Edney
(non-MBA), Dorothee Irisson, Kelly Edney. Middle - Kelly
Eickenhorst, Raecine Meza. Front - Beth Masser, Blair
Busch, Melissa McIntyre.
i n t e r n at i o n a l
b o a r d of v i s i t o r s
Show Your
Neeley Pride!
Some of the most influential leaders in the business world
serve on our International Board of Visitors to provide
insight and expertise. Their distinguished service ensures
that our students are advanced leaders in the business
environment of today and tomorrow.
Bernard Appel
Karen Kennedy
Appel Associates
Impel Management Services, LLC
Michael Baer
Luther King Jr.
baerpro AG
Luther King Capital Management
Connie Beck
Warren Mackey
Comerica Incorporated
Arles Management
Robert Benda
Thomas Meagher Jr.
Westwood Contractors, Inc.
Grosvenor Capital Management, L.P.
Mike Berry
Maribess Miller
Hillwood Properties
PricewaterhouseCoopers
Frank Blase
Preston Miller
igus GmbH
AmeriCredit Corp.
Nick Bombersbach
Philip Norwood
JCPenney
Frost Bank
Tim Carter
Brian O’Regan
OmniAmerican Bank
Fidelity Investments
Toby Darden
Ron Parker
Quicksilver Resources, Inc.
PepsiCo
John F. Davis
Bill Poteet III
Pegasus Solutions, Inc.
HCA (Retired)
Jacqualyn Fouse
David Purcell
Bunge Ltd.
Continental Advisors, LLC
Jim Fredericks
John Roach
Van Cliburn Foundation
Roach Enterprises
John Gavin
Len Roberts
Wells Fargo
RadioShack (Retired)
Nick Giachino
Tim Sear
PepsiCo (Retired)
Alcon Laboratories
William Greenwood
Bob Semple
The Zephyr Group
Bank of Texas, N.A.
Jeff Guy
P. D. Shabay
Dallas Museum of Art
Bell Helicopter Textron, Inc.
Ralph Heath
Roy Topham
Lockheed Martin Aeronautics Company
Keenum & Topham, CPA
Thomas Hund
Paulette Turner
BNSF Railway
Integrated Leadership Concepts, Inc.
Bruce Hunt
Scott Ward
Petro-Hunt, LLC
Russell Stover Candies, Inc
Henry Joyner
Fehmi Zeko
American Airlines, Inc.
Deutsche Bank Securities, Inc.
Check out these and other
Neeley items online at
www.neeley.tcu.edu
19
20
Put Me In, Coach
Executive Coaching Brings Out The Winning Edge
By Elaine C. Cole
Can you imagine being in the same job, doing
the same thing, for 25 years? How about 15? Or
even 5? Once, this was the norm. But today’s
business culture no longer allows for supervisors or
employees who want to do the same thing in the
same way with the same people for years on end.
Today’s fast-paced marketplace requires people
who think beyond immediate concerns to look at
future possibilities.
Scott Klososky, a technology-focused
entrepreneur, author, speaker and consultant, told
Neeley students that business leaders need to learn
better skills to predict the future.
“We all have the same types of technology
available to us,” he said. “The same benefits are
really available to everyone, even on a budget. It’s
just that some people look at what’s going on out
there and can do magic things, while some people
look at what’s going on out there and can’t do
anything at all.”
Whether you are the CEO, vice president,
supervisor, manager or associate, it is vital that you
have the ability to foresee, adapt to and, indeed,
drive change in order to take advantage of the
best opportunities.
“Many points in our jobs and careers require,
even demand, changes in our leadership behaviors,
competencies, attitudes, and thinking,” said
Christine Riordan, associate dean for external
relations at the Neeley School. “How well we
navigate these potentially treacherous junctures
often determines our ultimate success — or failure
— as leaders.”
How Well Do You Navigate Change?
How does a person learn to navigate change?
Through experience, yes. But increasingly,
top executives are turning to a new style of
personalized leadership development called
executive coaching.
According to The Sherpa Guide: Process-Driven
Executive Coaching, the definition of executive
coaching is: “regular meetings between a business
leader and a trained facilitator, designed to
produce positive changes in business behavior in a
limited time frame.”
Executive coaches themselves are usually either
employees of an organization who provide services
to colleagues, or independent service providers.
Most organizations use a combination of the
two. One in ten relies exclusively on external
coaches, according to the 2008 Sherpa Executive
Coaching Survey.
Once thought of as a means to correct office
behavior or assist with career choices, executive
coaching has evolved to a pro-active move to
develop peak performance through leadership
skills. Where once there may have been a stigma to
receiving executive coaching, now there is a certain
status involved.
The Tandy Center for Executive Leadership,
located within the Neeley School, provides highly
regarded executive coaching aimed at developing
leadership skills, enhancing performance and
championing success in senior-level executives
and high-potential employees. These one-on-one
coaching and assessment sessions are ideal for
professionals who desire personalized business
development and a head start to the corner office.
Most executive coaching is aimed at senior
managers and executives who have a high level of
authority and responsibility. Other professionals
— including lawyers, doctors, architects, and
entrepreneurs of growing businesses — also engage
the services of executive coaches to help them
achieve personal and professional goals.
The high-level professionals in Neeley’s
Executive MBA classes receive coaching from
professional coaches. At first cautious because
of another coaching experience he had that was
21
not rewarding, Tom Carney, a member of Neeley
EMBA class, had nothing but praise for the
Neeley program.
“I got a number of valuable lessons from the
coaching program: 1) A better understanding that I
must manage my behaviors like I manage a project;
set an objective and then measure progress on a
periodic basis. I was doing the first part but not
following through enough on the second part. 2)
Continuous improvement should apply to personal
traits and habits. Improvement starts with the goal,
the plan, and the status of accomplishment toward
the goal,” said Carney.
He also said that he benefited from someone
who was there to help establish a plan and keep
him on track accomplishing the plan; someone
he could talk with about almost anything: school,
work, family, social activities. “My executive coach
became a resource and a friend,” he said.
The executive coaching plan, initiated in fall
2007, aims to help the EMBA students develop
and implement a leadership plan with the aid of
360-degree feedback.
“It’s not about career counseling or how to find
a better job,” said Robert Gatewood, executive
director for Neeley’s EMBA program. “The
executive coaching that we provide to our EMBA
students focuses on increasing their awareness and
developing leadership skills.”
“One of the benefits of executive coaching is that
it gives busy professionals
the means to discover
any weaknesses they
may have, the forum to
correct those weaknesses,
and the coach to help
them develop a plan
for ongoing success,”
said Brenda Daraiseh,
associate director of
Neeley’s Executive MBA
program and a certified
Sherpa coach.
According to Riordan,
leaders often cling to the
22
past or continue business as usual. “They think
that past behaviors of success will carry them into
the future, yet one style of behaviors rarely moves a
person seamlessly throughout his or her leadership
career,” she said.
“Executive coaching provides the opportunity
for focused introspection, which is an integral part
of making positive changes in business behavior,”
Daraiseh said.
Who is best qualified to be an
executive coach?
Some practitioners hold that psychologists
make the best coaches. Most believe that an
understanding of leadership, business disciplines,
management principles and organizational politics
is the critical core competency of executive coaches
(Kampa-Kokesch & Anderson, 2001; Levinson,
1996; Saporito, 1996; Tobias, 1996). The Sherpa
survey confirms this: 96 percent of clients,
purchasers of coaching and HR executives do not
think that ‘psychologist or counselor’ is the best
background for an executive coach.
There is no test or license needed to be called
a coach; anyone who wants to can set up shop.
According to a November 2007 article by Tara
Weiss in Forbes, about 400 to 500 new members
join the International Coach Federation — the
career coach trade group — every month, according
to its president, Kay Cannon. The federation’s
first survey (Feb ’07)
shows there are about
30,000 career coaches
worldwide, generating
nearly $1.5 billion in
revenue, with the U.S.
market accounting for
approximately one half.
With coaching
becoming so widespread,
training and certification
for executive coaches
is gaining momentum.
As more organizations
include coaching
strategies as part of their
executive development
initiatives, the need for
competent, certified
coaches has soared.
“As an executive in a
Fortune 500 company,
I benefited from having
an executive coach and
was intrigued with the
thought of pursuing
that as a career,” said
Steve Laswell, founder of
NEXT LEVEL Executive
Coaching, LLC. “I
decided on Sherpa
Executive Coaching Certification to provide me
with structure and legitimacy.”
Sherpa Executive Coaching Certification, offered
at the Neeley School through the Tandy Center for
Executive Leadership, provides executive coaches
with specific credentials, helping them emphasize
their effectiveness and increase their recognition as
viable business partners.
Paulette Turner, who retired from a job at IBM
that involved training and coaching sales executives
and managers, decided to take what she had used
for years and start an executive coaching business.
But she wasn’t satisfied with the type of coaching
she had been doing at the company. She wanted to
provide more leadership development.
A member of Neeley’s International Board of
Visitors, Turner heard about the Sherpa Executive
Coaching Certification program.
“I read the book, took the course and took my
coaching skills to another level,” she said.
Laswell commended the Neeley School and
Sherpa Coaching for giving the executive coaching
profession a university-based certification program.
“At the end of the three-month program, I was
equipped to successfully launch our Tulsa-based
business,” he said.
Sherpa coaching students go through 60 hours
of classroom study and a 340-page text.
“The Neeley School
doesn’t take this
certification lightly,
and our students don’t,
either,” said Brenda
Corbett, co-author of The
Sherpa Guide. “Much of
the class grade is based
on rigorous testing for
mastery of the material.
We are consistently
impressed with the
caliber of coaching
students at Neeley.”
The Sherpa program
teaches coaches how to
turn their clients’ weaknesses into new strengths.
Like Sherpa mountain guides, Sherpa coaches
guide, advise and assist, allowing leaders to reach
the summit through their own skill and will.
“My clients are interested in upping their game,”
said Turner. “They are ready to spend the time
needed to focus on their skill sets. I help them
understand that they got where they are today
because of their strengths, and now it’s time to
remove any derailment factors.”
“The leadership development and behavior
change I see with my clients has been consistent,
whether a Fortune 500 VP, the IT manager of an
international publishing company or the smaller
business executives I coach,” said Laswell.
Professionals who take advantage of executive
coaching know that failure is not an option. They
must proactively prepare, manage, and sometimes
reinvent themselves in order to navigate the twists,
turns and transitions of the ever-changing business
environment.
Executive coaching can provide the direction,
skills and momentum, but it is up to the individual
to turn that knowledge into action.
Elaine C. Cole is manager of public relations and events for
the Neeley School of Business at TCU and a freelance writer.
23
Study finds: female business leaders have abundance of skills
and knowledge to contribute to corporate boards
By Jennifer R. Humphrey, Dick Jones Communications
The primary reason men still
vastly outnumber women in
corporate boardrooms is the
outdated assumption that
women don’t possess the highlevel experience necessary to
join those hallowed ranks.
While women now represent a substantial
proportion of potential candidates for board
directorships, few are chosen. The result is that
companies across the globe are missing out
on corporate women’s advanced educations,
knowledge, capabilities, and perspectives.
This is one finding of a recent study, “Newly
Appointed Directors in the Boardroom: How Do
Men and Women Differ?” The researchers were
Dr. Siri Terjesen of the Neeley School of Business
at Texas Christian University, and Dr. Val Singh
and Dr. Susan Vinnicombe, both of Cranfield
University in the United Kingdom. The study
will be published in an
upcoming issue of the
European Management
Journal and was posted
in March on the
journal’s web site:
www.sciencedirect.com.
The notion that
women don’t have the
right stuff to serve on
boards no longer holds true, the evidence shows.
“It has long been assumed that women possess
less business experience than men, and that’s
the number one myth we debunked,” says Dr.
Terjesen, an authority on entrepreneurship,
strategy, and international business, and herself a
corporate board member.
24
“Women have
plenty of experience,
although they often
have different types
of experience than
men,” she says.
The study is one of
the first investigations
of the differences
between recently
Siri Terjesen
appointed male and
female corporate directors. It examined new
appointees to the boards of the Financial Times
Stock Exchange’s 100 most highly capitalized
blue-chip firms in the United Kingdom,
representing 81 percent of that market.
Previous studies had scrutinized the overall
makeup of boards and the characteristics of
directors in general but did not specifically look
at the qualities boards currently desire in director
candidates nor at gender differences.
The research included all 72 women appointed
to FTSE 100 boards during 2001-04 and 72
men randomly selected from the 470 appointed
during that time frame.
For all 144 directors studied, the researchers
noted demographics, educational background,
business reputation, international experience,
and previous board experience. They examined
career sectors in which the directors worked,
such as international, financial, management
consulting, public sector, and voluntary/charity.
Several striking differences were revealed
between newly appointed male and female
corporate directors in terms of their career paths
and skill sets.
While educational levels were similar, for
example, female directors were much more likely
to have MBA degrees than their male peers and
were twice as likely to have earned their degrees
from elite institutions.
Male directors had much more experience
on FTSE 100 boards, but female directors
had somewhat more experience on FTSE 101350 boards and international boards. Women
directors had much more experience than men—by 62.5 percent to 38.9 percent—-on other types
of boards.
The women had a higher likelihood of having
a portfolio of career experiences than did the
men by 41.7 percent to 27.8 percent. Women
had held senior positions both in the private
and public sectors, such as in major businesses,
government, nonprofit organizations, and
educational institutions. The men typically had
been more singularly focused.
“Women are often asked to be on smaller
boards and community boards, and are more
likely to take short-term or part-time contracts
that help accumulate facets to their experience,”
Dr. Terjesen explains. “They say yes more often
to different things. This provides a diverse set of
career skills they can bring to their boards.”
Such diversity is becoming increasingly valued,
in part due to new regulatory and competitive
pressures that are driving corporations to
seek directors from outside their own usually
homogeneous talent pools. Some countries are
even mandating gender quotas, says Dr. Terjesen.
“Corporate scandals such as Enron and
WorldCom directed attention to the people on
the boards,” she says. “This led to new guidelines
requiring more outsiders on boards. Firms with
more directors from outside the company have
higher levels of corporate governance.”
In recent years, women have been slowly
making headway in the boardroom, particularly
as non-executive directors. According to the
study, women in 2006 comprised 13.7 percent of
FTSE 100 non-executive directors, up from 9.6
percent in 2001.
The incidence of female executive directors,
however, increased only marginally to 3.8 percent
in 2006 from 2.0 percent in 2001.
This means women are still not making it into
the highest echelons of FTSE 100 directorship
in positions such as CEO, CFO, or COO,
regardless of the depth and breadth of their
previous senior-level experience at smaller
firms and other
organizations.
The percentages
should continue to
improve, however, as
increasing numbers
of highly qualified
women keep knocking
on boardroom doors
and more major
corporations realize the value of inviting them in.
“Earlier research shows that companies with
more women on their boards tend to perform
better,” Dr. Terjesen says.
25
Stay Connected with Neeley
Update your information and keep in touch with Neeley and TCU
by registering at www.froglinks.com.
Do you have a new job or promotion? An award, honor or achievement to share? How about a marriage, new baby or adoption?
We want to know! Tell us and other alumni about the things
happening in your life. Submit your news for Class Notes at
www.neeleyalumni.tcu.edu and select the Keep in Touch tab.
It’s Not Too Late
Nominations for the Neeley Alumni Executive Board are open
until May 19. Go to www.neeleyalumni.tcu.edu to submit
your nomination. Self-nominations are welcome.
26
Neeley Alumni
Executive Board
The Neeley Alumni Chapter helps former students
stay connected, involved and engaged with the Neeley
School of Business. It provides assistance to the
dean and other administrators on important Neeley
program initiatives as well as develops and promotes
events and activities specifically designed for Neeley
alumni, family and friends.
This year more than 100 alumni and friends
helped interview 300 sophomores at BBA Interview
Day. Alumni participated in Women in Leadership
Through Texas Diversity Council events in Austin,
Houston and San Antonio. Alumni chapters hosted
networking events in major Texas cities and New York
City. A fun event for Neeley grads and their families
was Neeley Day at the TCU Ballpark in April. Next
on the calendar is TCU Community Service Day
through the Lena Pope Home for the Chapel Hill
Academy Charter School on May 17. For more
information about this and other alumni events, visit
www.neeleyalumni.tcu.edu.
Name
Degree/Year
Board Role
Company
J. Michael Atkinson
BBA ‘84
Alumni Activities/Communications
MMA Investments, LLC
Kent Backus
EMBA ‘02
Board President
Har-Conn Chrome Company of Texas, Inc.
John Billings
MBA ‘99
VP Alumni Activities
Travelocity Partner Network
Mary Beth Borst
PMBA ‘02
Board Secretary
Lockheed Martin Aeronautics Company
John Cockrell Sr.
BBA ‘69
Communications
Cockrell Printing
Jennifer Duncan Edgeworth
BBA ‘96
VP Communications
Hermes Sargent Bates, LLP
Jim C. Estill
BBA ‘69, MBA ‘77
President Elect
Calloway’s Nursery, Inc.
Michele Gagne
EMBA ‘03
Neeley Support
Bell Helicopter Textron, Inc.
Scott Gunnip
BBA ‘95
Neeley Support
Morgan Stanley
Konrad Halbert
PMBA ‘03
Neeley Support
First Financial Trust & Asset Management Company
Michael L. Herman
BBA ‘80, MBA ‘90
National Alumni Board Representative
Chase Paymentech Solutions, LLC
Michael Jamieson
BBA ‘91
Neeley Support
UBS Investment Bank
Chirs Kalish
PMBA ‘03
VP Neeley Gala
UNT Health Science Center
Sol D. Kanthack
BBA ‘94
Neeley Support
brightroom, Inc.
David Medanich
BBA ‘79
Neeley Support
First Southwest Company
Paul H. Morgan
MBA ‘96
Communications
Clear Channel Radio
Cori Nemec
BBA ‘07
Communications
UBS Investment Bank
Pam Bledsoe Noble
MBA ‘91
Neeley Support
Dimensional Fund Advisors
Michael R. Pavell
BBA ‘93, MBA ‘99
VP Neeley Support
Bank of America, N.A.
Tomas Puky
MBA ‘02
Communications
VA TECH Hydro USA Corp.
Hannah Quach
MAc ‘05
Alumni Activities
Ernst & Young LLP
Scott Shehan
BBA ‘99
Neeley Support
NFR Energy
Stephanie Steinmetz
MAc ‘06
Alumni Activities
PricewaterhouseCoopers
Frank (Chip) Webster
BBA ‘70, MBA ‘72
Alumni Activities
Adams Resources & Energy, Inc.
Joe Vojtkofsky *
EMBA ‘08
Alumni Activities
Student
Marcia Hensley *
PMBA ‘08
Neeley Support
Student
Rachel Sauer *
BBA ‘08
Communications
Student
Melissa McIntyre *
MBA ‘08
Neeley Support
Student
Tres Masser *
MBA ‘08
Alumni Activities
Student
Kelly Tipton *
MAc ‘08
Communications
Student
*
Student Representative
27
Important Numbers
for Neeley Alumni and Friends
Academic Department Chairs
Accounting - Bob Vigeland...................................................................................... 817-257-7215
Finance - Mo Rodriguez............................................................................................817-257-7514
Information Systems and Supply Chain Management - Charles Lamb................... 817-257-7541
Management - Greg Stephens.................................................................................. 817-257-7548
Marketing Department - George Low...................................................................... 817-257-7559
Alumni Relations
Director - Bunny Ridgeway...................................................................................... 817-257-7154
Center for Professional Communication
Director - Kelly O’Brien........................................................................................... 817-257-7539
Dean’s Office
Dean - Daniel G. Short............................................................................................ 817-257-7527
Senior Associate Dean - Bill Moncrief......................................................................817-257-6185
Associate Dean, External Relations - Christine Riordan..........................................817-257-7122
Assistant Dean, Finance and Administration - Mark Muller................................... 817-257-7570
Educational investment fund
Sponsor - Stan Block................................................................................................ 817-257-7561
Executive MBA
Director - Bob Gatewood......................................................................................... 817-257-7543
External Relations
Director - Jeff Waite................................................................................................. 817-257-6034
Graduate Programs
Associate Dean - Bill Cron....................................................................................... 817-257-7531
Graduate Career Services Center
Director - LaTanya Johns...........................................................................................817-257-7119
LKFM Center for Financial Studies
Director - Joe Lipscomb........................................................................................... 817-257-7788
Master of accounting
Director - Barry Bryan.............................................................................................. 817-257-7551
Neeley Entrepreneurship Center
Director - David Minor............................................................................................ 817-257-6544
Neeley Student Resource Center
Assistant Dean, Undergraduate Academics - Lynn Cole......................................... 817-257-6772
Supply and Value Chain Center
Director - Nancy Nix................................................................................................ 817-257-7463
Tandy Center for Executive Leadership
Executive Director - John Baum................................................................................817-257-7115
Technology Support
Director - Chuck Miller........................................................................................... 817-257-7560
University Advancement at the Neeley School of Business
Senior Associate - Heather Brust..............................................................................817-257-5149
University Career Services at the Neeley School of Business
Interim Director - Kimshi Hickman........................................................................ 817-257-5572
28
class notes
GRADUATE
1970s
Bill Widmer MBA ’78 was appointed
VP/GM of the International Commercial
Management Group for Orange Business
Services, a division of France Telecom.
Bill, his wife, Mary Beth, twins and two
dogs live in Atherton, Calif.
1980s
Bob McCann MBA ’82 was appointed
to the Administration of the Patrimony
of the Apostolic See, established in 1967
by Pope Paul VI. Bob will advise the
Vatican on investments, asset allocation
and risk management. He has been
appointed to an unpaid term of five
years and joins four other consultants in
this role. He is Vice Chairman and
President of Global Wealth Management
- Merrill Lynch & Co., Inc.
Barry Dull MBA ’85 works with IBM as
a client executive in the chemical and
petroleum industry. He resides in Dallas.
1990s
Darren Cordier MBA ’94 has formed
FV Specialists, Inc., a business valuation
consulting firm focused on valuations
for financial reporting and mergers and
acquisitions. Visit www.fvspecialists.com.
Shirley Rasberry ’87,MBA ’94 formerly
director of graduate career services at
TCU, is now management development
director at Mouser Electronics, a TTI
and Berkshire Hathaway company.
Ellen Cleveland Williams MBA ’94 and
husband Rusty Williams ’89 proudly
Alumni Spotlight
Gordon England
Neeley MBA ’75
Earning his MBA from Neeley turned out to be
“extraordinarily valuable” to Gordon England. “I
not only ran the company here (Lockheed) but I
ran a lot of other companies, started companies,
did mergers and acquisitions, and eventually got a
pretty senior job in the government.”
England says his corporate background and MBA degree were directly
applicable to his career in government.
“Government is a large business enterprise, but what’s most important
about government is that the decision making is entirely different. In
government there are a lot of competing interests – that’s the nature
of democracies – so to be successful you have to arrive at consensus
answers and be willing to accept less than what you deem to be the
most desirable outcome, because with all these competing interests, the
desired outcome is not one person’s view or two people’s view. You can
be influential in pushing your view as far along that vector as you can,
but at some point you have to say, ‘OK, that is a satisfactory conclusion
for this period of time.’
“Government is about leadership. But at the end of the day, that
leadership, to be successful, has to be willing to accept consensus answers
and not just your own vision of where you want the institution to go.”
Gordon England is the Deputy Secretary of Defense for the United States.
announce the arrival of Samuel Wade on
June 5. They are also the parents of twoyear-old Grant Russell. Rusty is employed
by Baxter Healthcare and Ellen is
employed part-time with Wyeth
Pharmaceuticals. They may be reached at
[email protected].
Federico Ochoa MBA ’97 was promoted
to director of infrastructure financing for
Scotia Capital in Mexico. He is in charge
of origination, structuring and execution
of financing.
Tom Winkelmann MBA ’97 lives in the
New Hampshire Lakes Region where he
runs Smiths Tubular Systems, a British
owned group. He has opened new
operations in Bangalore, India, and the
Clark Economic Zone, Philippines.
Scott Mallonee MBA ’99 and his wife
Lisa had a baby boy on January 20.
Harper is doing great.
29
class notes
2000s
Barret LeBlanc MBA ’04 became a
quality specialist in October for
CompuCom, after starting as a data
analyst contractor. He recently received
his Certified Six Sigma Green Belt.
Steven McKinney ’96, MBA ’04 has
joined the Planning Group at the Army
& Air Force Exchange Service in Dallas.
He and wife, Ellen, recently moved from
St. Paul, Minn., to Plano, Texas.
Scott Grischow MBA ’00 recently
accepted a position as director at FTI
Consulting in their corporate finance
group. He will be in their Houston
office. In 2007 he summited Mount
McKinley (aka “Denali”) and Mount
Kosciusko, the highest mountains in
North America and Australia,
respectively. He has successfully
completed five of the Seven Summits,
the highest peaks on each of the seven
continents. Up next, are the Vinson
Massif in Antarctica in 2009, followed by
Mount Everest in 2010.
Hieu Nguyen MBA ’01 received his
doctorate in marketing from the
University of Texas at Arlington in
August 2006. Hieu is now an assistant
professor of marketing at California
State University Long Beach. He lives in
Long Beach.
Wendy Jeffus MBA ’02 completed her
doctorate and is a lecturer in the finance
department at Boston College. She has a
new website www.wendyjeffus.com.
Andrew Assir MBA ’04 and wife
Courtney celebrated the birth of their
son Rawley Alexander on June 16.
30
Rhett Warren MBA ’04 accepted a job
with Cuttone & Co., a New York based
broker dealer, as senior vice president of
equity trading. He runs the Dallas office
and his clients include hedge funds,
mutual funds and other money
managers in the DFW area.
Creighton Maynard MBA ’05
redirected his career by taking a new
position as a coach/consultant with
Pharmacy Management Services, a
division of Professional Compounding
Centers of America. After working in
the retail pharmacy setting for 19 years
he went to graduate school and
completed his MBA. He has started his
own consulting business with a clinical
emphasis on vaccinations.
Jeremy Lamb MBA ’06, a business
program leader-master planning team,
Campbell USA, has joined the North
America Foodservice (NAFS) team in the
new role of business program leadersupply chain, effective March 17. Jeremy
will act as a focal point in leading the
execution of all NAFS Total Delivered
Cost and commercialization initiatives.
He will develop plans for all TDC and
commercialization projects, develop a
category capital plan and continuity
plans, and manage commercialization
project schedules.
Tim Bates ’03, MBA ’08 and Tom
Bates ’01 launched Glendarroch Homes,
a custom home building company
serving the greater Dallas-Fort Worth
area, in May 2006. Tim was a program
manager at Recaro Aircraft Seating in
Fort Worth managing an international
team of more than 25 people. He will
earn his MBA from Neeley in May. He
was recently awarded a scholarship for
his entrepreneurial drive through the
Texas Business Hall of Fame that
recognizes young business leaders. Tom
worked as a home builder for Meritage
Homes and was named Builder of the
Year for the Dallas-Fort Worth region
two consecutive years. During his last
two years at Meritage, Tom was a
regional supervisor overseeing five
subdivisions. He was responsible for the
completion of more than 500 homes
during his time at Meritage. Tom and
wife, Jennifer, a TCU grad, welcomed
son Tyler Reid, Horned Frog class of ’29.
See the brothers’ available homes at
www.glendarrochhomes.com.
UNDERGRADUATE
1960s
Carl “Brock” Brockway ’68 is now with
Coldwell Banker Residential Brokerage
in Colleyville, Texas.
P.D. Shabay ’68 retired January 1 as
executive vice-president of
administration and chief human
resources officer of Bell Helicopter. P.D.
worked 42 years with the company after
class notes
being introduced to Bell by legendary
TCU Coach Abe Martin.
1970s
Steve Benton ’73 is senior vice
president, national sales manager of
Financial Network Investment Corp., an
ING Company in El Segundo, Calif. He
recently completed a term as chairman of
the FINRA (formally NASD) District 2
Committee and was elected to the
FINRA Nominating Committee for
2008-2009.
Richard Wiseman ’73 is a partner in
Brown, Dean, Wiseman, Proctor, Hart
& Howell L.L.P. and has been chosen as
one of “The Best
Lawyers in
America.” Founded
in 1981, The Best
Lawyers in America is
the oldest peer
juried directory of
attorneys in America. Nominated for
construction law and eminent domain,
Wiseman was selected for inclusion in
the 25th anniversary edition. He has
been honored as a Texas Super Lawyer
by Texas Monthly magazine for three
consecutive years, Top Lawyer for six
consecutive years and Attorneys of
Excellence, Elite 100 by the Fort Worth
Business Press. He is also a charter fellow
of the Tarrant County Bar Association
where he previously served as a director
and currently serves as secretary for the
Construction Law Section of the State
Bar of Texas.
Kent Bell ’75 is battling his second
round of cancer and appreciates all
prayers from his TCU family.
Alumni Spotlight
Jim Stone
Neeley MBA ’96
The entrepreneurial spirit hit Jim Stone MBA
’96 at an unlikely time. As he finished his final
semester at the Neeley School, Stone began
the interview process and sat down with large
companies to discuss career opportunities.
Nothing seemed to click. “I realized then that
I wasn’t cut out for a huge company,” said Stone. “I needed a more
entrepreneurial environment.” When he found the offer that “clicked,”
it was with a small executive search firm that became the springboard for
his future career.
Stone is now managing partner of Medicus Partners, a physician
search firm that he co-founded. In his position, he works with physician
groups, hospitals and health systems to provide physician recruitment
services. He also helps clients stay informed about current trends in the
physician market, assists them in properly establishing search efforts and
guides them in the development of competitive financial packages. It is
a workload that Stone finds both challenging and fulfilling. “I love my
job because I can see the positive affects we have on the communities
we serve,” he said. “Bringing healthcare providers to areas in need has
been as fulfilling emotionally as financially. I have the added bonus of
being able to witness the growth and development of people within our
organization as they take on new roles and responsibilities, so I think it
is the best of both worlds.”
Jim lives in Plano with his wife and two children. When he’s not playing with the kids, he enjoys
reading, traveling, and going to sports events.
Tim Schuetz ’75 and his wife had their
first child, a baby girl, on Feb 1, 2007.
He will retire from IBM after 31 years on
May 30.
Charlie Anderson ’79 recently accepted
a regional sales director position with
GE Asset Management, a firm that
currently manages more than $200
billion in assets. He is responsible for
growing assets in the GE Fund family at
all wire house,
regional and
independent
brokerage firms in
the Southwest.
Previously, Charlie
held a vice president
position with Victory Capital
Management. Additionally, he holds the
31
class notes
industry accreditation of “Accredited
Investment Fiduciary.” He and his wife,
Teresa, reside in Colleyville, Texas.
1980s
Craig Morgan ’81 and Susan Haecker
Morgan ’83 are proud to announce
that Lindsay Taylor Morgan ’09 was
voted “Miss TCU” at homecoming.
Lindsay is the third generation to
attend TCU, and is studying in Spain
this semester while pursuing degrees in
premed and Spanish.
Celia McGrath ’82 and Bob McGrath
were honored at a business breakfast in
Strongsville, Ohio, with a key to the city
in recognition of their civic
contributions to the community. Celia
was appointed to the city’s Board of
Zoning Appeals and also chairman of
the city’s Charter Review Committee.
Both Bob and Celia have been active in
the Chamber of Commerce, City Club,
regional Hospital Foundation, and the
Diabetes Association of Greater
Cleveland. Bob owns Olympia Candies,
a chocolate and popcorn factory
specializing in corporate gifts and
marketing programs, and Celia is the
sales director for the company.
Tom Klein ’84 and wife Sara Stuelke
Klein ’84 have 3 children, Tommy, now
32
at Babson College in Boston; David,
who is a current freshman at TCU; and
Leah, a sophomore in high school. Tom
is president of Klein Tools, Inc., a
Lincolnshire, Ill., headquartered
manufacturer of hand tools for
professionals, with worldwide
manufacturing and sales distribution.
Diedra Thompson Hayman, Ph.D.,
HSPP, BBA ’85 is a clinical supervisor at
a large mental health company in
Lafayette, Ind. New members of her
family include a beautiful Havana brown
kitten, and a black domestic short hair
kitten with Havana brown undertones.
Both of her children are on the honor
roll this year.
Saundra Gore Savage ’86 with Abbott
Diagnostics took a new opportunity after
18 years. She is responsible for a new
opportunity in developing this division’s
Integrated Health Plan Strategy as the
director of integrated health plans for
the U.S.
Mary Hart ’88 was named vice
president of Corgan Associates, Inc., the
ninth largest U.S.-based architectural
and interior design firm. She will
continue to support the corporate
architecture team by conducting an array
of duties such as design and client
coordination, overall project
management, business development,
project financial management and staff
human resources management. In 2003,
she received the Larry Eldridge Award,
given to only one recipient within the
280 + employee firm based on her
leadership, dedication and integrity. She
also recently received two “Top 40
Under 40” awards recognizing her as one
of the nation’s most outstanding young
architects as well as one of the top local
business leaders in North Texas. Mary
has served in the Texas Army National
Guard for 17 years and has been
deployed twice during her employment
with Corgan — first to Bosnia in 2000
and in 2005 to Iraq. She was recently
promoted to Lieutenant Colonel and
will be taking a battalion command in
the fall. She is a member of the
American Institute of Architects (AIA)
and was recently selected for the Greater
Dallas Chamber Leadership Dallas
program. She resides in Bedford, Texas.
Chris Leu ’88 became president of
Harris Methodist Erath County Hospital
in Stephenville, Texas, after nine years as
vice president of operations at Arlington
Memorial Hospital in Arlington, Texas.
His wife Melissa Garretson ’89
continues to work as an emergency
medicine physician at Cook Children’s
Medical Center in Fort Worth. The
family lives in Stephenville, and fouryear-old twins, Katie and Connor, are
enjoying all the stars in the sky at night
and the cattle, horses and donkeys
around them.
Rebecca Beeth Lowe ’88 has been
performing in concert as a guest
entertainer on various cruise ships all
over the globe. Her career in musical
theatre led to performing solo shows
with live orchestras onboard cruise lines
such as Royal Caribbean, Crystal,
Celebrity, Princess, Oceania and
Norwegian. She and her partner Kuba
Kawnik have been to China, Taiwan,
Japan, Denmark, Ireland, Poland, Spain,
class notes
Italy, Greece, Ukraine, Romania, Turkey,
Bulgaria, Malta, Russia, Croatia,
Alumni Spotlight
Ellen Pitcher
Neeley EMBA ’05
Gibraltar, Brazil, Chile, Argentina, the
Falkland Islands and the Caribbean.
They share their homes in Poland and
Nashville when they’re not performing –
he as a vibraphonist and multiinstrumentalist and she as a vocalist. Her
debut CD is available for download at
www.cdbaby.com/cd/rebeccalowe.
Elizabeth Baum Webb ’88 has been
named the project director for Conserve
Georgia, the Governor’s public
awareness program to conserve land,
water and energy. She works for a public
relations agency and lives in Alpharetta
with her husband, Todd, and children
Jackson, 5, and Aubrey, 3.
Chris Ellis ’89 and his wife, Amy, had a
baby girl, Caroline Taft, on August 13.
She joins her two brothers Ryan, 7, and
Cooper, 5. They live in Austin where
Chris owns a commercial real estate
development company, Endeavor Real
Estate Group.
1990s
Bob Burnett ’91 was promoted to
director within the human capital
practice of Deloitte Consulting LLP.
The complexity of the healthcare
industry isn’t lost on Ellen Pitcher. As
vice president of patient care services
and chief nursing officer for Baylor
Regional Medical Center in Plano, she
is faced with the competing priorities of
hospital operations each day. From the
ever-increasing regulatory requirements
to the challenges of dealing with
insurance issues, Ellen juggles the business of health care with the
needs of patients. Her Neeley EMBA experience, she says, helped
prepare her for the challenges.
“I pursued an EMBA to expand my knowledge base on strategic
planning, implementation and evaluation,” says Ellen. “In the Neeley
program, we studied businesses outside of healthcare, which allowed
me to utilize those lessons and apply them to healthcare.
Sara Barkman Leslie ’92 gave birth to
Kevin Andrew on January 19. He shares
his birthday
with his
Grandpa,
Arnold
Barkman, an
accounting
professor with
Neeley.
Brad Williams ’92 has been promoted to
senior vice president of field operations for
The Pantry, the leading independently
operated convenience store chain in the
southeastern U.S. He was most recently a
division vice president with operating
responsibility for approximately 850
convenience stores. Since joining the
company in 1998, he has held numerous
positions in operations management.
Cole Coulson ’95 is currently a zone
manager for Frito-Lay, Inc. Sales in Dallas.
He has been with Frito-Lay for 13 years.
Cole and his wife, Kelly Billick Coulson
‘96, and their daughters, Kenley and Kylar,
recently welcomed the newest member of
33
class notes
their family, Kaslyn Kieran who was born
in October. Cole and his family live in
North Richland Hills, Texas, and hope to
have future Frogs in their family one day.
Elizabeth Gridley Favell ’95 qualified to
run in the 2009 Boston Marathon last
November after completing the Route 66
Marathon in a time of 3:42.
Scott Gunnip ’95 is a member of the
Neeley Alumni Advisory Board.
Andy Martin Jr. ’95 welcomed a baby girl
to the family in February. With two older
brothers to compete with, she quickly
learned how to garner everyone’s attention.
The family is still living in Fairhope, Ala.,
where Andy is currently practicing law for
a firm in Mobile.
Randy Hall ’96 and his wife Jennifer
welcomed twin boys, Preston Asher and
Luke Jackson, on December 31. Mom and
babies are doing wonderful.
Scott Bogle ’98 and Alison Reed Bogle
’98 are proud to announce the adoption of
their daughter
Anastasia
Britton. Ana
was born
September 6,
2006, and
joined their
family
September 27,
2007.
Travis English ’98 and wife, Elizabeth
’98, welcomed Thomas Jackson into the
world on September 24. Jack and his
parents live in Fort Worth.
34
Cherie Rafferty Behrens ’99 and
husband Dave welcomed Madeline
Marie on November 20. She weighed 8
lbs, 5 oz.
Her uncle
is Tim
Rafferty
’03. In
addition to
being a
mother, Cherie owns Stretch-n-Grow, a
children’s exercise company. They live in
Charlotte, N.C.
Darren Bodenhamer ’99 was hired by
Smith Group Asset Management in
Dallas in June 2007 and was promoted
to head trader in January 2008.
Chris Brooks ’99 left the investment
banking world to launch Datacom
International, Inc., a company focused
on fully-internet based ERP, CRM and
accounting software for custom
manufacturers. After three years,
Datacom has three locations in
Minnesota and North Dakota and
almost 30 employees.
2000s
Amy Hall Shackelford ’00 and Ryan
Shackelford
’96 are pleased
to announce
the birth of
Dalton Gray,
born February
12. He is welcomed by big brother
Grayson, 2.
Cade Harris ’01 played baseball for
TCU from ’96 to ’01. He married Jamie
Tunnell in August 2006. Cade started
the law firm of Harris & DeLeon, PLC,
in Elk City, Okla., in September.
Jack Blair ’02 obtained his Nonprofit
Management Certificate in May from
the School of Urban and Public Affairs
at UTA.
Will Brunner ’03 and Claire Hart
Brunner ’03
announce the birth
of their daughter,
Mary Devereux.
This future Frog was
born January 1 in
Fort Worth.
Ryan Buchan ’00 is obtaining his MBA
at Northwestern University’s Kellogg
School of Management.
Trey Miller ’03 is a marketing analyst
for Galderma Laboratories in Fort
Worth. He and wife Melissa Bagley
Miller live in Keller, Texas.
Colin Kirkpatrick ’00 accepted a
position with R.W. Smith, a distributor
of supplies and equipment to local
restaurants and other food service
operations.
Shelly Taylor Heinrich ’04 finished her
master’s degree from the University of
Texas at Austin and moved to
Washington, D.C., where she works for
The Washington Center.
Mike Manley ’00 accepted a new job in
January with WFG Investments as a
fixed income trader.
Ashley Monroe ’04 has worked for three
years as an accountant for Oxy, Inc. She
will complete her MBA from the
University of Dallas in April.
class notes
Andrea Reed ’04 will graduate from the
University of Iowa College of Law in
May. She will be an associate for Sidley
Austin, LLP, in Chicago, Ill., in
September. Andrea will marry Nicolas
Mutch of Okemos, Mich., in her
hometown of Kansas City, Mo.
Anna Phillips Schneider ’04 and Brian
Schneider ’04 were married on
September 15 at Fort Worth
Presbyterian Church. Anna works as a
product manager at Handango and
Brian works as a property manager at
Hickman Investments. They currently
live in Fort Worth.
Maria Jose ‘Majo’ Vasquez ’04 and
Charles Sizemore ’00 will marry August
16 in Trujillo, Peru.
Dominique Dennis ’05 was awarded
“Employee of the Year 2007” for
professional associate at Stryker. She is
now senior business planner.
Trent Capps ’06 is a district manager
with ALDI, Inc., in Oklahoma City,
Okla. He completed the year- long
training in January and moved to
Lawrence, Kan., to run his district.
Bo Cogbill ’06 and Rachel Walls ’06
are engaged to be married on June 7 at
Christ Chapel Bible Church in Fort
Worth. They met in Bob Akin’s
Alumni Spotlight
Jim Hille
Neeley MBA ’92
Jim Hille attributes his MBA degree from
Neeley with facilitating his career change
from a former Marine and industrial
engineer to a financial market professional.
“It’s not easy to break into the securities
industry, and it certainly was not going
to be possible without supplementing my
skills with a strong MBA program and
finance concentration,” he said. “The Neeley School provided a solid
foundation in the basic tools of my current trade, while the internship
program gave me the opportunity to get traction in the finance field.”
While obtaining his MBA, Hille received a corporate scholarship to
intern with the Bass organization. “There I was able to cut my teeth
in the securities industry by being around and observing some the
smartest and most innovative financial operators in the region.”
As Chief Investment Officer for TCU, Hille said: “I’m certain there is
no better job for a finance guy than managing a university endowment.
It is full of challenges, not the least of which is the charge to make a
5-percent payout every year while preserving purchasing power and the
long term viability of the fund.”
Hille’s job at TCU entails taking a look at the broad investment
universe with a long term perspective, and then positioning the long
term assets of the university in the most attractive asset classes and best
managers possible to achieve the primary objective: high real returns
with the greatest level of certainty possible.
“I am also honored to be a member of the Chancellor’s Cabinet,
which means I am involved in the general administration of TCU.”
But his heart still belongs to the business school. “I do as much as I can
with the Neeley School as a mentor and guest lecturer,” he said.
marketing class fall semester of ‘04 and
began courting fall of ‘05.
Clint Duncan ’07 has been hired as a
financial analyst in the Finance
Leadership Program of American Eagle
Airlines, Inc. He is responsible for
maintenance financial analysis and ongoing financial reporting.
Blake Olive ’07 is working for a music
management startup.
35
on
scene
the
1
Hoai-Phuong Nguyen, graduate admissions advisor, and Yu-Chun
(Kate) Lin at the American International Education Foundation
(AIEF) Fair in Taipei, Taiwan, in October.
2
Erik Peterson, senior vice president, Center for Strategic &
International Studies, Brent Williams, assistant professor of supply
chain management, and Nada Sanders, the James L. and Eunice West
1
2
Chair in Supply Chain Management, visit during the 2008 Global
Supply Chain Conference.
3
Neeley employees Fran Eller, Leah Keyes and Diane Wilemon at a
reception for new Neeley Dean Homer Erekson.
4
Graduate student Mark Stoltz and his wife, Isabell, meet Pope
Benedict XVI during a study abroad trip to Italy.
5
Elaine Cole, PR and Events Manager for the Neeley School of
Business, with Bob Schieffer ‘59, award-winning broadcast journalist
3
4
and namesake of The Schieffer School of Journalism, at the kick-off
event for The Campaign for TCU.
6
Joe Rodriguez, INVESCO Real Estate, Blaire Lyne, TA
Associates Realty, and Rob Kochis, Townsend Group, were part of the
panel at the Investment Strategies Conference hosted by the LKCM
Center for Financial Studies.
7
Chip Webster ‘70, MBA ‘72, Chancellor Victor Boschini, Dean
Dan Short, Steve Lewis ‘90, and David Dominy at the Houston
Business Network Breakfast.
5
6
8
Jim Estill ‘69, MBA ‘77 and grandsons Connor James McKay
and Chase Calloway McKay at the TCU vs. UT game-watching party
at Pappas Burgers.
9
Michael Bourland, an attorney with Bourland, Wall & Wenzel,
speaks to the participants at the spring 2008 Family Business Seminar.
10
BNSF Next Generation Leadership students Rachel Sauer, Laura
Soben and Lauren Brown with Tammy Hughes (second from left) of
The Heim Group. Hughes spoke on gender differences in the workplace
36
7
8
9
10
during Leadership Week 2008.
on
11
the
scene
Andrew Assir MBA ‘04, wife Courtney and son Rawley
Alexander at the TCU vs. SMU tailgate party.
12
Stephen M.R. Covey, author of The SPEED of Trust, shares his
insight with the audience during the Neeley Author Series in February.
13
Bob Bolen, senior advisor to the Chancellor and former Mayor
of Fort Worth, and Luther King Jr., President, Luther King Capital
Management and member of the Neeley International Board of
11
12
13
14
15
16
17
18
19
20
Visitors, at the kick-off event for The Campaign for TCU.
14
MBA graduates Jon Pastusek and Cheryl Mazurowski at the
December hooding ceremony.
15
Neeley Fellows members Eric Yohe, finance/accounting major,
Mariana Morales, management/finance major, and Rob Staky, finance/
accounting major, joined other group members during a trip to New
York City during Spring Break.
16
Colleen Barrett, president and corporate secretary of Southwest
Airlines, addresses the audience at the Tandy Executive Speaker Series.
17
2008 Global Supply Chain Conference attendees competed in the
Global Challenge - an event where teams explored the opportunities
and challenges of doing business internationally and were tested on their
knowledge of fun world facts.
18
Bunny Ridgeway, director of alumni relations, Bernie Appel,
president, Appel Associates and member of the Neeley International
Board of Visitors, and Deb Baker, director of executive development, at
the Neeley Author Series in February.
19
MBA students Caddie Leonard, Michael Crump and Dustin
Downing at a company visit during a study abroad trip to India.
20
Trey Harris ‘92 and his children Gracie, Tate and Ford enjoy
themselves at Neeley Day at the TCU Ballpark.
37
www.neeley.tcu.edu
Neeley School of Business
TCU Box 298530
Fort Worth, Texas 76129
Personal. Connected. Real.
The Neeley School of Business focuses on
personal development, vital connections and
real experiences. High functioning classrooms
and calculated career development give
students the platform to succeed. Renowned
faculty, corporations and executives connect to
share winning business practices. Students work
for real clients to solve critical challenges. From
skills and strategies to team dynamics and global
expeditions, we make sure Neeley graduates are
trailblazing business leaders – each in their own
individual way.
Non-Profit Org.
U.S. Postage
PAID
Ft. Worth, TX
Permit No. 2143

Spring 2008 Issue - Neeley School of Business

Transcription

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