Our People Are Our Strongest - Neeley School of Business
Transcription
Our People Are Our Strongest - Neeley School of Business
Spring 2014 MAGAZINE OF THE NEELEY SCHOOL OF BUSINESS AT TCU Our People Are Our Strongest For the Neeley School of Business at TCU, our strongest assets are our lifelong, worldwide supporters. WE BELIEVE IN LOYALTY TOO. Frost is proud to support the Neeley School of Business. And we’d be proud to help you along your financial journey too. frostbank.com (877) 862-4900 MEMBER FDIC Contents SPRING 2014 • VOLUME 16, ISSUE 1 CONNECT WITH US 18 Neeley & Associates MBAs Ben Westcott, Andrew Brisbin, Scott Casey and Spencer Albright work on a consulting project for Frito-Lay. Facebook.com/ NeeleySchoolofBusinessatTCU @NeeleySchoolTCU YouTube.com/ TCUNeeleySchool Dean O. Homer Erekson John V. Roach Dean Associate Deans William L. Cron Sr. Associate Dean, Graduate Programs and Research J. Vaughn and Evelyne H. Wilson Professor in Business George Low Associate Dean, Undergraduate and International Programs Publisher Jeff Waite Editor/Sr. Writer Elaine Cole Art Director Erin Smutz Photography Elaine Cole B.J. Lacasse Christina Mihov Sterling Wells Leo Wesson On the Cover Erik Yohe BBA ’09 gives finance student Corbett Ekonomou tips to help him ace his interviews with top financial institutions. Neeley School of Business at TCU TCU Box 298530 Fort Worth, TX 76129 [email protected] www.neeley.tcu.edu © 2014 Neeley School of Business at TCU 28 2 Dean's Message 3 Neeley by the Numbers 4 News at Neeley 12 Faculty News 14 Research 16 Alumni News 18 Our People Are Our Strongest Building Blocks 26 For the Neeley School of Business, our strongest assets are our lifelong, worldwide supporters. Our Thanks for Supporting Neeley Students Today…and Tomorrow We highlight some of our supporters who have provided opportunities for students, faculty and programs. 28 Building a Bold Future 32 Class Notes 36 On the Scene New buildings, major renovations and expansions are essential for Neeley to compete with the best business schools in the nation and world. Spring 2014 1 DEAN'S MESSAGE ........................................................................................................................................................................................................................................................................................... We Are Cultivating the Leaders of Tomorrow In the 1950s, William H. Whyte penned a provocative book, The Organization Man, in which he expressed concern that the American public was convinced that companies and other organized groups made better decisions than individuals. “They are the ones of our middle class who have left home, spiritually as well as physically, to take the vows of organization life, and it is they who are the mind and soul of our self-perpetuating institutions,” he wrote. In rebuttal, he cited numerous examples where individual creativity was the building block for innovation and business success. In many ways, this thesis is relevant today. Creativity and innovation fuel the success of business, whether focusing on entrepreneurial startups, small business development or innovation within large corporations. In the Neeley School, we make a promise of being committed to unleashing human potential with leadership at the core and innovation in our spirit. How do we fulfill this promise? It starts with high-quality faculty and staff dedicated to providing premium educational and professional development experiences both inside and outside the classroom. However, for students to achieve their full potential, they need access to leaders in the business world. Fortunately, at the Neeley School we have strong and deep relationships with alumni, parents and other partners who support the success of our students in many ways. I invite you to read about many of the special ways that our students benefit from internships and career placement networks, employers and professionals who visit campus and who welcome students to their place of business, class assignments working on real-world business problems, and generous financial support from donors who believe in and support the Neeley promise. Yes, our strongest assets are our lifelong, worldwide supporters. If you are one of those already, thank you so very much. Together, we are cultivating the leaders of tomorrow. If you would like to become a part of the Neeley success story, we have a place for you and welcome your ideas and support. O. Homer Erekson John V. Roach Dean 2 Neeley School of Business at TCU Get Involved at Neeley! We want to hear from you. Visit www.neeley.tcu.edu/getinvolved and take our survey. NEELEY BY THE NUMBERS UNDERGRADUATE GRADUATE (MBA) 94% 91% $55,300 $82,568 Average Starting Salary Average Starting Salary #27 #35 #21 Employed or enrolled in graduate school within 90 days of graduation Best Business School Bloomberg Businessweek Employed within 90 days of graduation 2013 Full-time MBA in the Nation The Economist 2013 Executive MBA in the World The Economist *Salary reports and employment rates provided by the Alcon Career Center and Neeley Graduate Career Center. Spring 2014 3 NEWS AT NEELEY ........................................................................................................................................................................................................................................................................................... Ray Pfeiffer is New Associate Dean for Undergraduate Programs Accounting Professor Ray Pfeiffer joined the Neeley School in 2009 as chair of the accounting department, following 15 years at the University of Massachusetts, where he was a professor of accounting and director of the Isenberg PhD programs from 2007 to 2009. He also served one year as a Research Fellow at the Financial Accounting Standards Board in Norwalk, Connecticut. As chair of Neeley’s accounting department, Pfeiffer has been a proponent of effective and creative teaching and research, has significantly improved the function of the Accounting Advisory Board, and led the development of a strong strategic plan for the department. Pfeiffer steps up to replace George Low, who has been named Dean of the College of Business and Economics at Radford University in Virginia. The new positions will be effective July 1. “I look forward to working with our excellent faculty, staff and students to explore ways to hone the already impressive breadth and depth of the Neeley School’s significant programs, academics and experiential learning initiatives,” Pfeiffer said. Pfeiffer has been published in the top three accounting journals and has presented at professional meetings, conference and academic institutions around the world. He holds a PhD from the University of North Carolina and BA in accounting from Moravian College. In-Mu Haw Named Neeley Alumni Professor of the Year Accounting Professor In-Mu Haw joined the Neeley School in 1990 and is the J. Vaughn & Evelyne H. Wilson Professor of Business. Haw considers teaching a lifelong journey and his students as lifelong friends. “Each day I am filled with passion, enthusiasm and love for my profession,” Haw said. “I enjoy my scholarly work and interactions with students with hope that they discover their hidden talents and strengths and gain confidence. Most of all, I want them to recognize I care for each of them individually. They are my lifelong friends and the future business leaders of our society, through whom I enrich my life as a teacher and scholar.” Former student Kathy Novak Johnson, EMBA ’12, director of IP marketing for BNSF Railway, said: “Dr. Haw’s humorous, easyto-understand approach allowed non-finance types to quickly find practicality in the details and confidently apply it in day-to-day work activities.” Haw holds a PhD and an MBA in finance and accounting from the University of Alabama. He holds a BBA from Cheong-Ju University in South Korea. 4 Neeley School of Business at TCU ............................................................................................................................................................................................................................................................................................... NEWS AT NEELEY The AMA consortium included workshops and panels designed to challenge and motivate scholars. Neeley Hosts Conferences for Sales and Entrepreneurship The Neeley School hosted the 2013 AMA Faculty Consortium in Selling and Sales Management, which welcomed 19 international faculty members and 23 doctoral candidates. The Neeley School also hosted the U.S. Association for Small Business and Entrepreneurship annual conference, attended by more than 500 entrepreneurship educators from around the world. “Our vision for the AMA sales consortium was to create an environment conducive to rich interactions in both formal and informal settings, to give everyone a chance to forge valuable research-focused relationships,” said event co-chair Bill Moncrief, the Charles F. and Alann P. Bedford Professor of International Business at Neeley. For the U.S. Association for Small Business and Entrepreneurship, this was the first time a university has hosted the annual conference. “I’ve been involved with USASBE since 1997, and I don’t remember a conference that was as well managed, well organized and meaningful for our members. To a great extent that was a result of TCU’s involvement,” Pat Dickson, USASBE president and associate dean of undergraduate programs at Wake Forest, said. Both events featured workshops, panel discussions and Texas entertainment at Billy Bob’s Texas, the world’s largest honky tonk, located in the Fort Worth Historic Stockyards. Brad Hancock, director of the Neeley Entrepreneurship Center, welcomes attendees to the USASBE Conference. Spring 2014 5 NEWS AT NEELEY ........................................................................................................................................................................................................................................................................................... Students met 70 children and the one woman who takes care of them, Mama Beauty, and donated $4,100 they had collected to help the day care center she runs. TCU MBAs Make a Big Difference in South Africa Seventy children will be warmer, dryer, better fed and more educable than before because of the TCU MBA South Africa Study Abroad program. “Businesses expanding into developing countries should understand that many of their potential customers are living in poverty,” Garry Bruton, professor of management and Fehmi Zeko Faculty Fellow, said. To understand how firms must adapt to serve the one billion people of the world who are in the bottom of the income pyramid, Bruton leads the annual TCU MBA South Africa Study Abroad program to meet with businesses and the people they serve. The students delivered $4,100 in funds they had collected for a day care center, to supply nutritionally sound food for the next 12 months. They also helped level the ground for concrete to replace the muddy ground around the center. TCU provided a Service Learning Grant of $700 to help pay for the concrete. “It was definitely one of the most worthwhile classes I've ever taken,” David Klein, TCU PMBA student, said. “You simply cannot get that combination of academic learning and cultural understanding without being there and experiencing it for yourself.” MBA students Peter Mansfield and Alex Austin volunteered with their classmates at a day care center in South Africa. 6 Neeley School of Business at TCU If you would like to contribute to the MBA students’ efforts in South Africa, please visit www.tinyurl.com/ TCUMBASouthAfrica. TCU MBA students hike the terrain in Cape Town, South Africa. “ You simply cannot get that combination of academic learning and cultural understanding without being there and experiencing it for yourself.” - David Klein, TCU PMBA student ............................................................................................................................................................................................................................................................................................... NEWS AT NEELEY Entrepreneurial TCU Students Win Business Plan Competitions Call it Shark Tank for college students. Two students put their business plans to the test and walked away with top honors and cash prizes. Gabrielle McBay won first place and $5,000 in the Alley Scholars Shark Tank Challenge, beating out 25 teams of students from universities throughout Texas and Arkansas. Competitors were required to create a 30-page business report and then present their plan for a new business venture before a distinguished panel of judges. McBay, a pastry chef, won for her business plan for Ellements Gourmet Sweet Mix. “All of the hard work, stress and emotional moments, it's starting to pay off,” McBay said. For the National Elevator Pitch Competition presented by the Collegiate Entrepreneurs’ Organization, Tanner Agar only had 90 seconds to convince judges that his business, Chef Shelf, was viable. Agar won Third Place and $1,500 out of 60 competitors. Chef Shelf is an online gourmet food retailer for leading chefs and restaurants. “I’ve been a chef and I wanted to start a company that combined my passion for restaurants with business, and give chefs a chance to break into the specialty food market,” Agar said. Tanner Agar's company, The Chef Shelf (thechefshelf.com) is an online gourmet food retailer for chefs and restaurants. Gabrielle McBay accepts the first place award for her business plan for Ellements Gourmet Sweet Mix, from founders of the Alley Scholars. Spring 2014 7 NEWS AT NEELEY ........................................................................................................................................................................................................................................................................................... TCU Collegiate Entrepreneurs’ Organization Named Best Student Chapter in the Nation A 100+ active membership and dozens of networking and skillbuilding opportunities won the TCU chapter the honor of best in the nation out of 230 chapters across the U.S. TCU Collegiate Entrepreneurs’ Organization (TCU CEO) officers Courtney Schmit, Cole Petrie, Daniel Pino and Jacquie Hunt traveled to Chicago to the CEO national conference to pitch why their chapter is the best in the U.S. based on leadership, membership and accomplishments. Each of the 230 chapters submitted a two-page overview of the past year. Three finalists were selected to present in front of a panel of judges: TCU, Texas State University and University of Nebraska at Omaha. “Neeley prepares us to give professional, polished presentations, and that enabled us to share the many aspects of TCU CEO that make it the best in the nation,” Schmit said. The team focused on TCU CEO’s 100-person-strong membership, networking opportunities, speaker series, boot camps, road trips and competitions. One unique aspect of TCU CEO is that membership is not restricted to Neeley students. “We went to every college on campus and recruited members, so we now have representation from disciplines across TCU,” Pino said. TCU CEO officers Courtney Schmit, Cole Petrie, Daniel Pino and Jacquie Hunt traveled to the CEO national conference to pitch why their chapter is the best in the U.S. TCU CEO members celebrate their national win with Brad Hancock and Robin Shelander of the Neeley Entrepreneurship Center. 8 Neeley School of Business at TCU ............................................................................................................................................................................................................................................................................................... NEWS AT NEELEY BNSF Executive Chairman Matt Rose Honored with Bob Bolen Civic Leadership Award The Neeley School created the award, named for former Fort Worth mayor and longtime civic leader Bob Bolen, to honor a civic or corporate leader of national stature for his or her contributions to the building and stewardship of our communities and nation. Rose joined Burlington Northern in 1993 and was named executive chairman in 2014. He previously served 13 years as chief executive officer and 11 years as chairman. Under Rose’s leadership, BNSF has more than doubled its revenue to more than $20 billion annually in recent years, while increasing freight volumes by 24 percent from 2000 to 2013. Rose is a member of The Business Council, Business Roundtable, Texas Governor’s Business Council and Boy Scouts of America National Executive Board. He serves on the boards of the U.S. Chamber of Commerce, National Association of Manufacturers, Federal Reserve Bank of Dallas, AT&T, Center for Energy and Economic Development and Boys & Girls Clubs of America. In 2011, he was appointed to President Obama’s Council on Jobs and Competitiveness, a committee of national business and civic leaders that delivered recommendations to encourage job growth and strengthen the American economy. Neeley’s BNSF Next Generation Leadership Program was developed under Rose’s leadership. The father of two TCU alumni, Rose received the Honorary Alumnus Award from the TCU Alumni Association in 2012. He has served on the TCU board of trustees since 2002 and served as campaign chair, leadership gift committee chair and member of the campaign scholarship initiative committee for The Campaign for TCU (2005-2012). Dean Erekson and Matt Rose at the Tandy Executive Speaker Series. Calloway’s Nursery Inc. Honored as Neeley Alumni Business of the Year Jim Estill of Calloway's Nursery also serves on Neeley's International Board of Visitors. Founded in 1986 with Jim Estill BBA ’69 MBA ’77 as president and CEO, Calloway’s Nursery is an independent Texas-based garden center with 16 stores in the Dallas/Fort Worth market and two in the Houston market, offering advice to gardeners of all levels. Calloway’s sells plants that are perfect for Texas and supports those plants with more on-site Texas Certified and Master Certified Nursery Professionals than any other garden center in Texas. Calloway’s also supports the community through the Good Neighbor Program, Community Sponsorship Program and support for Fort Worth-based Lena Pope Home. The Neeley Alumni Business of the Year Award honors a business, either alumni-owned or having TCU alumni in executive leadership roles, with shared values and a commitment to supporting TCU through employment, investment and volunteer participation. “TCU is a great school that makes Calloway’s even better,” said Estill, who serves on Neeley’s International Board of Visitors. “We have supported several members of our management team to go through TCU’s Executive MBA program, and the knowledge and personal and professional worth they bring back from TCU is a big boost to Calloway’s.” Spring 2014 9 IN MEMORIAM ................................................................................................................................................................................................................................................................................................... Bob Bolen: Leaving the world better than he found it By Elaine Cole Fort Worth’s longest-serving mayor was known for welcoming everyone with a warm smile and dispensing down-to-earth advice, whether as the owner of a bike or card shop, the leader of the city, or as senior advisor to the TCU Chancellor. Bob Bolen died in January of 2014. “My favorite way to describe Mayor Bob was his role as a consensus builder and transformational leader,” said Bolen’s long-time TCU administrative assistant Leah Keyes. “He made productive contributions through his toy, bicycle and card stores, his neighborly activities to help whenever and wherever he had the opportunity, his volunteer work in his children’s sports programs and his congenial personality.” Just as he was for his beloved city of Fort Worth, former Mayor Bob Bolen was TCU’s best ambassador. “No matter who came to his office in the Neeley School, whether it was a student who had never been to Fort Worth before, or a member of a prominent Fort Worth family, Bob treated everyone exactly the same,” said Brad Hancock, director of the Neeley Entrepreneurship Center, who officed near Bolen for several years on the third floor of Bob Bolen speaks to a TCU class. Bob and Fran Bolen attended many 10 TCU events. Neeley School of Business at TCU Smith Hall. Fort Worth’s longestserving mayor, Bolen continued his lifelong devotion to education and providing opportunities for young people when he joined TCU as senior advisor to the Chancellor in 1991, and served as visiting lecturer and advisor to the Dean of the Neeley School. He also oversaw several scholarships in his name. The R.E. “Bob” Bolen Scholarship was established in 1991 by the generosity of community leaders and friends. Bolen was involved Bob Bolen and Leah Keyes at a TCU event. in selecting recipients each year, and 19 undergraduate “He was a very special person in my and graduate business students have life. Certainly my greatest mentor,” Minor received the scholarship to date. Bolen said. “He touched so many lives because he was honored again when a scholarship was mentored so many people, opening doors endowed in his name in 2010, made possible and connecting people. That was the big by a gift from The Sarah & Ross Perot Jr. lesson I learned from him. Lots of students Foundation. The scholarship is awarded came to me for advice. I knew I didn’t know based on the leadership and community everything there is to know about starting service that Mayor Bolen embodied a business, but I could connect them with throughout his life. There have been 76 somebody in private equity or real estate or Bolen Leadership Scholars to date. whatever.” Martha Granger was one of them. Bolen made thousands of connections “When I decided to get an MBA degree in business and the community over 60 at TCU, Bob became my personal mentor,” years, since first entering the business world Granger said. “One of the most important in 1952, owning successful bicycle and lessons I learned from him was how he Hallmark shops in Fort Worth, Dallas and balanced his civic and business leadership San Antonio. He was elected to the Fort with his gratitude toward his family. He Worth City Council in 1978 and elected made a point to always say that his family mayor in a special election in 1982. He was the most important thing to him. That served as mayor of Fort Worth from 1982has helped me keep perspective in my 1991, joined TCU in 1991, and was awarded own business and life.” the Royal Purple Award in 1992 for his Bolen also mentored David Minor, exemplary service to TCU and Fort Worth. founding director of the Neeley Keyes said it was a privilege for her to Entrepreneurship Center and owner of a work with “Mayor Bob” from 1991 to 2014. successful landscaping business, when “What is the likelihood that two people, Minor was a high school student just both born in Illinois and both former beginning his entrepreneurial journey. residents of Shreveport, Louisiana, who had “He was one of the few entrepreneurs a strong affinity for Hallmark stores, would who related to what I was trying to do,” meet and collaborate together for over 8,000 Minor said. As a college student, Minor days of their working lives?” she asked. took Bolen’s course on starting and “People often said to me: ‘He acts so operating a small business. From that genuine!’” Keyes added. “I would respond: point on they stayed in touch. “He ‘He is the real deal.’ It was not an act. He was a person I could really look up to really loved people.” and look to for advice,” he said. As Minor’s business took off and articles ran in the local newspaper, Bolen would send him one of his “famous To watch a memorial tribute notes.” When the opportunity arose at video featuring former Mayor TCU to lead a new entrepreneurship Bob Bolen, produced by Red center, Minor believes Bolen had a lot Productions, visit the Neeley YouTube to do in suggesting him for the job. site at www.tinyurl.com/Bob-Bolen. They shared an office suite for 10 years. ............................................................................................................................................................................................................................................................................................... NEWS AT NEELEY Congratulations to New TCU Trustees Two Neeley alumni have been tapped to serve as the newest members of the TCU Board of Trustees. Katie M. Farmer BBA ’92 MBA ’95 Group Vice President, Consumer Products, BNSF Railway “ I am flattered and humbled to be asked to join such an amazing group of people. I’m also thankful for the opportunity to give back to the University and people who made such a significant impact on my life.” Katie Farmer graduated from TCU with a BBA in marketing in 1992 and received her MBA with an emphasis in finance from TCU in 1995. She currently serves on the executive committee of the TCU National Alumni Association. Farmer began her career in the railroad industry in 1992 as a BNSF Railway management trainee in Fort Worth. She has held positions in sales, marketing, finance, customer solutions and network operations. In 1998, after a field sales position in Houston, Farmer returned to Fort Worth as director of plastics marketing. In 2001, she began a series of promotions with the company, from general director in chemical products sales, to assistant vice president for carload equipment, to vice president of sales for industrial products, and in June 2010 was appointed vice president of domestic Intermodal, responsible for BNSF’s sales and marketing activities. She was promoted to group vice president of consumer products in January 2013, responsible for the commercial activities of BNSF’s intermodal and automotive business. In addition to her successful professional career, Farmer serves the community as a member of the board of directors of Presbyterian Night Shelter and Fort Worth Symphony Orchestra executive committee. She is a member of Jewel Charity Ball, National Charity League, Junior League of Fort Worth and Christ Chapel Bible Church. Katie and her husband, Jeff, live in Fort Worth with their son, Patrick, and daughter, Caroline. Eddie Clark BBA ’82 President and CEO, Professional Turf Products “ A Philadelphia native, Eddie Clark attended TCU on an athletic scholarship with the Horned Frog football team. Clark is owner and president/CEO of Professional Turf Products, the distributorship for the Toro Company that serves Texas, Oklahoma, Kansas and the western regions of Arkansas, Louisiana and Missouri. Professional Turf Products has locations in Houston, San Antonio, Tulsa and Kansas City, with the main office in Euless, Texas. Clark was named president and CEO in 1997 after spending four years with the Toro Company, where he held progressively higher leadership positions beginning with general manager of corporate accounts, then director of sales for the consumer division and then national accounts manager. Prior to starting with the Toro Company in 1993, Clark was with Goldthwaite’s since 1982. Goldthwaite’s is the former distributer for Toro in Texas. I’m hopeful that I can make a meaningful contribution to the TCU Board of Trustees. Collectively, each and every board member has passion and pride for our University that will inevitably lead to sound decisions which will continue to propel our institution to the highest ranks. I am very excited and honored to have a hand in shaping the future of Texas Christian University. ” Spring 2014 11 FACULTY NEWS ................................................................................................................................................................................................................................................................................................. Gathering the Best Minds in Business Meet the newest members of the faculty of the Neeley School of Business at TCU. We are gathering the best minds in business to cultivate an environment of innovation and leadership that produces brilliant young minds. Like our already impressive faculty and staff, these new leaders are personal, connected and real, with fresh perspectives to invigorate our curriculum. VIPIN AGRAWAL Visiting Assistant Professor, Finance Agrawal joins TCU from California State University at Fullerton, where he was assistant professor of finance. He holds a PhD in Finance from the University of Texas at Austin, and an MS in Finance from Texas A&M University. His research has been published in Production and Operations Management, Quarterly Review of Economics and Finance, Review of Business Information Systems and Journal of Business Case Studies. Director, Professional Program in Accounting GEORGE DRYMIOTES Assistant Professor, Accounting Beaver is a CPA with experience in audit, tax, not-for-profit accounting, financial accounting and campus recruiting. She previously was senior financial accountant for TCU, an adjunct faculty member at Texas Woman’s University, and a tax services associate for Ernst & Young. She received her MS and BBA in Accounting from Texas Tech University. Drymiotes holds a PhD in Accounting from the University of Florida. He comes to TCU from the University of Cyprus, where he was Assistant Professor of Accounting. He also held that title at the University of Houston. His research focuses on corporate governance, managerial compensation and incentives, and has appeared in The Journal of Accounting Research, Journal of Accounting and Economics, and Contemporary Accounting Research. DAVID GRAS ZACHARY HALL PAUL IRVINE Gras is co-editor of Social Entrepreneurship Volumes 1 and 2. He holds a PhD in Entrepreneurship and Emerging Enterprises from Syracuse University and an MS in Marketing from Clemson University. His research has been published in Journal of Business Venturing, Journal of Social Entrepreneurship, Small Business Economics, Journal of Business Strategy, Academy of Management Learning & Education and Encyclopedia of New Venture Management. Hall brings 10 years of professional experience in sales, financial analysis, pricing analysis, consulting and marketing to TCU. He holds a PhD in Marketing from the University of Houston, and an MS in Finance and MBA from Texas Tech University. His research, “Salesperson Intuition: Its Critical Role and Possible Antecedents,” won the 2013 AMA Sales SIG Dissertation Proposal Competition and the University Sales Education Foundation Research Grant. Assistant Professor, Entrepreneurship 12 EMILY BEAVER Neeley School of Business at TCU Assistant Professor, Marketing C.R. Williams Professor of Financial Services Previously the BB&T Scholar in Finance at University of Georgia, Irvine holds a PhD in Finance and an MS in Applied Economics from the University of Rochester. His research on capital markets, investments, investment banking and market microstructure is published in Journal of Finance, Journal of Financial Economics, Review of Financial Studies, Journal of Financial and Quantitative Analysis, Journal of Accounting and Economics and The Accounting Review. He is the associate editor for Financial Management and Journal of Financial Markets. ..................................................................................................................................................................................................................................................................................................... SWAMINATHAN KALPATHY FACULTY NEWS RYAN KRAUSE PAUL PECHERSKY Kalpathy joins TCU from SMU. He holds a PhD in Finance from Arizona State University. His research interests are in corporate finance and executive compensation, and he has been published in Review of Financial Studies, Journal of Financial and Quantitative Analysis and Journal of Accounting and Economics. Krause’s research covers board leadership structure, executive and director succession, organization theory, board capital and stakeholder management. He previously was a Randall L. Tobias Center for Leadership Excellence Doctoral Fellow at Indiana University. He holds a PhD in Strategic Management and Organization Theory with a minor in Entrepreneurship and a BS in Finance and Public Policy Analysis from Indiana University. A founding member of the DFW Society for Information Management, Pechersky comes to the classroom after a 30-year career as an IT leader for Computer Science Corporation, IT Advisory Services, Gartner and more. He holds an MS in Management Information Systems from American University. He has been named Who’s Who in Finance and Industry and was honored as a nominee for the Computerworld Smithsonian Award. HETTIE RICHARDSON JEFF STRATMAN Chair, Department of Management, Entrepreneurship and Leadership Chair, Department of Information Systems and Supply Chain Management Assistant Professor, Finance Associate Professor, Management Previously the William W. and Catherine M. Rucks Professor at Louisiana State University, Richardson’s research covers employee involvement, empowerment and voice, and strategic human resource management. She has been published in Academy of Management Review, Organizational Research Methods, Journal of Management, and Human Resource Management. She holds a PhD in Business Administration and an MA in Sociology from the University of Georgia. Assistant Professor of Strategy Professor, Supply Chain Management Stratman is a senior editor for the Production and Operations Management Journal and an associate editor of Decision Sciences. He has published articles in Journal of Operations Management and Production and Operations Management, including one of JOM’s top 10 most cited papers. Previously with the University of Utah and Georgia Tech, he holds a PhD in Operations Management from the University of North Carolina at Chapel Hill and a BSE in Mechanical & Aerospace Engineering from Princeton. Lecturer, Business Information Systems SRIRAM THIRUMALAI Assistant Professor, Supply Chain Management Thirumalai’s research covers supply chain operations, health care operations, service operations and technology management. He has been published in Journal of Operations Management, Decision Sciences, Management Science and Information Systems Research. He previously taught at the University of Utah. He holds a PhD in Operations Management and an MS from the University of Minnesota. Spring 2014 13 RESEARCH ................................................................................................................................................................................................................................................................................................................. Managers of Public and Private Companies Think Differently About Estimates on Financial Statements Shana M. Clor-Proell, Assistant Professor of Accounting As managers prepare financial statements for public or private corporations, how does the placement of information on the face of financial statements (recognition) as opposed to in the footnotes (disclosure) impact the amount reported? Research involving chief financial officers and corporate controllers looked at how placement affected the decision-making process for a contingent liability estimate. The results indicate that public-company managers Shana M. Clor-Proell expend more effort and demonstrate less strategic bias when information is recognized rather than disclosed. Private-company managers, in contrast, use a similar approach for establishing estimates regardless of whether the contingent liability is recognized or disclosed. The research sheds light on the relative reliability of financial statement information, and provides insights into how public- and private-company managers think differently about estimates that appear in the financial statements. Presumably these differences stem from the increased scrutiny that publiccompany managers face from auditors and regulators as a result of their participation in the capital markets. The results of this research have implications for financial statement users who must make inferences about the reliability of financial statement estimates when making investing and lending decisions. “The Impact of Recognition versus Disclosure on Financial Information: A Preparer’s Perspective” S. Clor-Proell, L.A. Maines. Journal of Accounting Research, 2014. Executives Pinpoint a Variety of Attributes That Impact Sales Force Performance Bill Cron, Associate Dean - Graduate Programs & Research, J. Vaughn & Evelyne H. Wilson Professor The role of the sales force in driving revenue has garnered attention in both practitioner and academic publications, but most often the focus has been on the role of the individual salesperson. This study examines the mental models of senior executives as it relates to sales force performance; that is, the representation of how the sales force succeeds in the real world. Executives Bill Cron pinpointed 37 organizational, functional, and sales force attributes that directly or indirectly impact sales force performance. The answers encompassed everything from sales force knowledge and customer trust 14 Neeley School of Business at TCU building, to topics that are not typically associated with sales, such as ownership structure and geographic scope. Executives within the study acknowledged the influence of organizational factors in sales performance, as well as how the interaction between these factors impacts performance outcomes. The results of the study suggest that companies and researchers should look at the sales force and what influences sales performance from a larger perspective, to include both sales and non-sales force related constructs. This larger perspective could lead to a better understanding of what promotes organizational performance, what fosters better coordination between functional areas, and how the study of direct competitors can improve strategic understanding. “The Strategic Role of the Sales Force: Perceptions of Senior Sales Executives.” W.L. Cron, A. Baldauf, T.W. Leigh, S. Grossenbacher. Journal of the Academy of Marketing Sciences, 2014 ..................................................................................................................................................................................................................................................................................................................... When Do Shareholders Care About CEO Pay? Ryan Krause, Assistant Professor of Strategy High CEO compensation may be a hot topic of conversation in the media, but when shareholders have a voice in “approving” or “rejecting” pay, what are the determining factors in the decision? Nearly four years Ryan Krause after the Dodd-Frank Wall Street Reform and Consumer Protection Act required that publicly-traded companies allow for non-binding advisory votes from shareholders on executive compensation, there has been little examination on what factors influence these say-on-pay votes. Two experiments simulating say-on-pay votes revealed that, regardless of whether CEO compensation was high or low, shareholders were more likely to approve the pay if firm performance was above average. A recent Georgeson Report on failed say-on-pay votes reflected the same message: underperforming companies have a much higher rate of negative votes. While it would seem that shareholders are tying compensation to performance, the results indicate that shareholders only responded negatively to high CEO pay at poor-performing firms, while they exhibited no difference in their approval of high or low CEO pay at highperforming firms. Whether a say-on-pay vote passes or fails, top management compensation and the outcome of shareholder votes can have lasting implications on an organization. Open communication from the organization about the basis for top management team pay, as well as clear information on the requirements for performance-based compensation, would provide opportunities for companies to ensure shareholder support. “Power to the Principals! An Experimental Look at Shareholder Say-on-pay Voting.” R. Krause, K.A. Whitler and M. Semadeni, Academy of Management Journal, 2014 RESEARCH FACULTY ACCOLADES William Moncrief, the Charles F. and Alann P. Bedford Professor of International Business, was awarded the Selling and Sales Management Lifetime Achievement Award by the sales special interest group of the American Marketing Association. The award is given to an outstanding scholar who has made meaningful contributions to the field of academic sales by consistently publishing sales research in top journals, being recognized for teaching excellence, encouraging sales as a career choice, fostering the professional development of others and adding appreciably to the understanding of a sales topic through scholarship. Chuck Lamb, professor of marketing, has been honored with the Harold W. Berkman Service Award for distinguished long-term service to the Academy of Marketing Science. He joins a small, prestigious group of previous winners. Lamb has been very active with the Academy of Marketing Sciences throughout his career and has served in several leadership roles, including president and board member. Paul Irvine, the C.R. Williams Professor of Financial Services, received the Talk of the Town Paper Award at the Finance Down Under Conference, sponsored by the department of finance in the Faculty of Business and Economics at the University of Melbourne. Irvine was honored for his research paper, “The Convergence and Divergence of Investors’ Opinions around Earnings News: Evidence from a Social Network,” with co-authors Robert Charles Giannini, Blue Crest Capital Management, and Tao Shu, University of Georgia. Abbie Shipp, assistant professor of management, edited a two-column book published February 2014. Time and Work: How Time Impacts Individuals (Vol. 1) and How Time Impacts Groups, Organizations, and Methodological Choices (Vol. 2) are featured in the current issues in work and organizational psychology series of Psychology Press. Chad Proell, associate professor of professional practice in accounting, received the Excellence in Ethics Best Paper Award at the Excellence in Ethics Research Conference at Notre Dame University. Proell was honored for his research paper, “The Effects of Cost Goals and Decision Responsibility on Managerial Reporting Honesty.” William Moncrief Chuck Lamb Paul Irvine Abbie Shipp Chad Proell Tyson Browning, associate professor of operations management, recently was appointed a department editor for IEEE Transactions on Engineering Management. Tyson Browning Spring 2014 15 ALUMNI PROFILE ............................................................................................................................................................................................................................................................................................ “ Getting out of your comfort zone is a good way to further one’s learning.” Ana Galindo BBA ’98 Brand Strategy and Insights Manager, UPS Global Brand and Sponsorships Ana Galindo’s education has taken her family around the country, from Texas to California, New York, Kentucky, Arkansas and now Georgia. She began her career with a small research company that focused on multicultural customers, and is now leading research and insights to guide brand strategy at a global level at UPS in Atlanta. “With a lifelong desire for an international career, and seeking to expand my knowledge beyond consumer research, I accepted a position in 2013 in the Global Brand and Sponsorships group at UPS,” Galindo said. She leads brand health tracking for the U.S. and is in the process of expanding the program to other countries where UPS operates, 220 in total. She also is heavily involved in strategic projects on brand communications and sponsorships as UPS seeks to focus growth outside the U.S. That global reach is a long way from her first job. After receiving her BBA with an international marketing emphasis from TCU and then fast-tracking through the University of Texas at Arlington to receive a Master of Science in Marketing Research, Galindo moved to California with her family to take a position as project director for a small research firm specializing in Hispanic marketing. “California can be fun, but also expensive and quite chaotic,” she said. Galindo decided to switch to a big corporation, so she moved to Rochester, New York, to work for Eastman Kodak as a senior analyst. She then moved to Louisville, Kentucky, to work for Brown Forman managing research for Herradura tequila. 16 Neeley School of Business at TCU “Getting out of your comfort zone is a good way to further one’s learning, so I made a move to work in retail when Walmart Stores Inc., in Bentonville, Arkansas, offered me a position as research manager for Private Brands,” Galindo said. “I truly enjoyed the fast-paced environment at Walmart, and I would have stayed if it hadn’t been for the hard-to-resist offer I received from Home Depot in Atlanta, Georgia, to become the multicultural insights senior manager. Home improvement consumer research certainly rounded my experience, as one day it is all about paint and blue-collar workers, of whom 40 percent are Hispanic, and the next day could be all about new homeowners, since 40 percent of the growth in new homeowners will come from Hispanics.” Galindo credits her moves around the country and up the ranks of large multi-national companies to her education at TCU. “I have fond memories of my teachers at TCU. Some names that are top of mind are: John Thompson, he made class a lot of fun and used real life examples; Susan Kleiser, awesome professor; Arnold Barkman, great professor and funny, too; Charles R. Greer, truly interested in his students; William Moncrief, incredibly knowledgeable; Gregory Stephens, awesome human being; and Stanley Block, a wealth of knowledge and so funny. “I am also very thankful for the staff at the Center of Productive Communications [now the Professional Development Center],” she added. “Their coaching has served me well, and I take it with me everywhere I go.” In spite of her nation-spanning career, Galindo makes it back to TCU as often as she can since her younger daughter, Elizabeth Ashley Gaskie, also attended TCU. (Liz graduated in May 2013 with a BS in Nursing and is now an RN at JPS Health Network in Fort Worth.) In Galindo's new hometown of Atlanta, she remains involved with TCU through the local alumni chapter. ......................................................................................................................................................................................................................................................................................................... ALUMNI NEWS Honored for Dynamic Duty to TCU Congratulations to these Neeley School supporters and alumni who were honored by TCU for their Horned Frog service. Nancy Tartaglino Richards TCU Honorary Alumni Award With her vision and generosity, TCU Trustee Nancy Tartaglino Richards has elevated both the University and the Neeley Entrepreneurship Center, while helping engender a new generation Nancy Tartaglino Richards of undergraduate social entrepreneurs. The annual Richards Barrentine Values and Ventures® Business Plan Competition, established in 2010 by Richards and her business partner Lisa Barrentine, brings national and international undergraduate teams to TCU to pitch plans for enterprises that impact society in meaningful ways. The 2014 competition awarded more than $70,000 in prizes. Both an entrepreneurial spirit and concern for society are themes that run through Richards’ biography. A respected entrepreneur in the fields of real estate and technology-related products, she is founder and chairman of the First Preston HT family of companies. Founded in 1988, First Preston HT has serviced a total residential portfolio valued at $44 billion. Ernst & Young recognized Richards in 2004 as Southwest Entrepreneur of the Year for real estate, and in 2005 as National Entrepreneur of the Year. Women’s Enterprise named her a Texas Woman of Excellence, while the Dallas Women’s Foundation honored her as the 2006 Philanthropist of the Year. Richards is a founder of the Addison & Randolph Clark Society, a patron of The TCU Frog Club and a member of the DanielMeyer Coliseum Renovation Committee. She previously served on the Chancellor’s Advisory Board and Chancellor’s Council. Richards is the parent of two TCU graduates: Stewart ’08 RM ’09 and David ’12. Though she graduated from Baylor University with honors, her service to and support of TCU demonstrate that she is a deserving honorary Horned Frog. Carl “Carlo” Capua, Jr. BBA ’00 TCU Outstanding Young Professional Award Carlo Capua is a social entrepreneur. His mission is to create worthwhile, sustainable programs and opportunities to empower people locally and worldwide. Less Carl “Carlo” Capua than a decade after graduating with his BBA in marketing and minor in Japanese, he is fulfilling that mission. Capua is co-owner and general manager of Z’s Café in Fort Worth, which has created jobs for 81 low-income individuals from Samaritan House, a nonprofit supporting people challenged with homelessness, HIV and other special needs. With his mother, Janet, Carlo has created a workplace that helps raise the self-esteem of staff workers and reinforce their commitment to recovery. He also is co-owner of Bella Café, Old World Sausage Company and Food 4 Life, a catering company focused on healthier nutrition and menus for private schools. Through Z’s Café, Capua created a 10-week workforce development program for lowincome men and women, donated food to more than 250 local nonprofits and pioneered Fort Worth’s first culinary incubator. As an adjunct faculty member in the Department of Nutritional Sciences and a participant on the department’s Research Review Board, Capua maintains his connections with TCU. He serves on the National Alumni Board and recently became an Alumni Association vice president and member of the National Alumni Board executive board. Fluent in Japanese and Spanish, Capua has directed a bicultural program at the Monterrey Institute of Technology in Toluca, Mexico, and taught English as a Second Language with the JET Program in Nagaoka, Japan, in conjunction with Fort Worth Sister Cities International. William C. Shaddock BBA ’73 TCU Valuable Alumni Award Bill Shaddock is a devoted Horned Frog, though he also holds graduate degrees from two other universities. He earned his BBA in finance at William C. Shaddock TCU in 1973, MBA at SMU in 1974, and JD from Baylor University School of Law in 1977. The U.S. Supreme Court has admitted him to practice. Over a period of nearly three decades, Shaddock has served TCU on the National Alumni Board, Frog Club Board and Neeley Entrepreneurship Center Advisory Board. He currently chairs the Dallas Business Network and has served as president of the Dallas Alumni Chapter Board. Shaddock has assisted TCU in substantive ways. He helped establish a new athletic tradition as one of three donors who funded the Horned Frog statue at Amon G. Carter Stadium. A centurion of the Addison & Randolph Clark Society, he created the Bill Shaddock Venture Capital Fund at the Neeley School of Business. He has served on the Chancellor’s Council and twice has underwritten the student/alumni networking night in Dallas. Shaddock is president and partner of the Shaddock Development Company, one of the largest residential real estate developers in the Dallas/Fort Worth area. He is CEO and owner of Willow Bend Mortgage Company and Capital Title Company, the largest independent title company in Texas, and owner and chairman of First National Title Company, one of the top 20 title insurance underwriters in the U.S. He has served on numerous civic and charitable boards, including the Salvation Army of Plano, Arts Center of North Texas and National Respiratory Medical and Research Center. Spring 2014 17 OUR PEOPLE ARE OUR STRONGEST What makes a business school strong? Bricks? Mortar? Rankings? Accolades? For the Neeley School of Business, our strongest assets are our lifelong, worldwide supporters. By Elaine Cole N eeley alumni, students, faculty, staff, parents, partners and friends are dedicated to the Horned Frog cause. In countless ways, they strengthen the reputation and awareness of a Neeley School degree. They open doors, roll up their sleeves, share advice, leverage resources and help identify new platforms for success. This level of loyalty, collaboration and contribution, bolstered by a true desire to see everyone succeed, epitomizes the excellence that makes for a world-class, values-centered business school. Neeley people show their Horned Frog pride in many ways. They help students land internships and jobs. They mentor and coach. They host students in their workplaces. And they give freely of their resources to support scholarships, faculty and programs. It all comes down to – or perhaps it all begins with – the caliber of the people. 18 Neeley School of Business at TCU Feature Story Robert Strong BBA ’10 (far left) and Jodi Settle BBA ’10 (far right), talk with finance students Campbell Robinson (seated) and Robert Conner, about their experience landing top jobs with financial institutions. Spring 2014 19 Members of the Transaction and Investment Professionals Board meet on campus to brainstorm ways to help top TCU finance students land internships and full-time positions in New York and other major cities. Jessica Cates, associate director of the Alcon Career Center, counsels undergraduate students. Wall Street is about more than bulls and bears. It’s also about who you know. Take it from Neeley alumni who have become successful in top finance careers: Even the smartest, most hard-working, most competitive students can’t get a job on Wall Street if they can’t get their résumés in front of the right person. So they joined together to help. Last spring, LKCM analyst Brett Scarbrough, with the support of the Alcon Career Center and the backing of J. Luther King Jr. BBA ’62 MBA ’66, began calling young Neeley finance alumni to help top TCU finance students land positions in toptier firms. “It is nearly impossible for a non-Ivy League school candidate to land a prime investment banking internship or full-time position without talking to and working with someone who has done it before,” said Robert Strong BBA ’10, senior associate with Captra Capital. In fall 2013, 18 Neeley finance alumni answered the call and formed the Transaction and Investment Professionals Board (TIP Board). They worked tirelessly with students throughout the recruiting season. They spent countless hours reviewing and editing students’ résumés. They devoted even more time helping 20 Neeley School of Business at TCU “ After they prove to us that they have the right stuff, we do our best to make sure they have the opportunity to prove themselves to as many top firms as possible.” - Erik Yohe BBA ’09 Senior Vice President, Hilltop Holdings students prepare for interviews, offering advice, instruction and guidance. Campbell Robinson, junior finance major, said that one of the most important points in his recruiting process was driving to Dallas to go through a mock interview with Strong. “He took an hour-and-a-half out of his busy schedule to grill me on every possible question that I could be asked. I attribute much of my success in my banking interviews to the lessons that he taught me.” Robinson secured an investment banking summer analyst position at Goldman Sachs in New York City. “From the beginning of recruiting season in October, members of the TIP board were reaching out to me, asking what my plans were, checking on my stage in the recruitment process, and encouraging me to stay proactive in networking,” Robinson said. “Rob Strong, Erik Yohe, Jodi Settle, Rick Settle, Murphey Henk and Logan Luzzo set me up with informational interviews, over the phone and in person, with their colleagues at investment banks. During these conversations I was able to get my foot in the door with Bulge Bracket Investment Banks in New York.” To date, 21 TCU students have landed plumb internships in New York City, Houston, Chicago, Atlanta and Dallas, with Goldman Sachs, Credit Suisse, Citi, RBC Capital, Deutsche Bank and Grosvenor Capital Management. “These are good, very talented kids going up against hundreds of top students from all the Ivy League schools. We help them through tons of interview prep and résumé prep, as much as they want and need. After they prove to us that they have the right stuff, we do our best to make sure they have the opportunity to prove themselves to as many top firms as possible,” Erik Yohe BBA ’09, senior vice president with Hilltop Holdings, said. Yohe and Strong are founding members of the TIP Board, along with Jodi Settle BBA ’10, analyst with Surveyor Capital; Ryan McCrory BBA ’10, associate with Brazos Private Equity Partners; Trey Schorgl BBA ’09, analyst at Balyasny Asset Management; and Will Bonano BBA ’10, MBAs present their case for Frito-Lay to a roomful of employers during START Workshop. MBAs mingle with DFW employers after the START Workshop Case Competition. analyst at Prudential Capital. They and other members of the board to use their experiences and connections to add to what the Neeley School is doing successfully, thus giving TCU finance students a formalized path to internships and jobs. Corbett Ekonomou, junior finance major, said that landing his internship at RBC in New York City was a direct result of his interaction with the TIP Board. Ekonomou went to New York in December and, through Yohe and Strong, set up 10 meetings over three days. “I would have zero stock without their guidance and resources,” Ekonomou said. “I was able to talk to a lot of people I never would have known without them. And no matter how qualified I was on paper, I was not prepared enough to really do well in those interviews without their help.” Jodi Settle knows that TCU has highly qualified students who are competitive for elite finance positions. “They just need some guidance and the right network to assist them in getting their foot in the door.” It’s all about hard work on everyone’s part – students, board members and the staff of the Alcon Career Center – plus a willingness to give back. “I wouldn’t be where I am today without the help of Dr. Block, Dr. Lockwood, TCU alumni in finance and accounting who looked over my résumé and gave me mock interviews, and my internship with Luther King,” Strong said. “That helped me get a job in New York, and now I’m back in DFW, so it’s my turn to do the same.” The TIP Board’s next step is to work with students who have landed internships, to help them better position themselves for a full-time offer. “Not only are the placement numbers strong and continuing to grow, but the mentorship that alumni on the board have provided is outstanding,” Jessica Cates, associate director of the Alcon Career Center, said. “This has been a wonderful partnership and has extended our office and the Neeley School’s reach in a critical area.” Yohe, Strong and Settle all spoke about their excitement over the results the TIP Board is having with students. “I believe the success of the TIP Board is directly attributable to the support we have received from TCU and LKCM, the time committed by the TIP Board members, and the engagement and hard work of the TCU students,” Settle said. All this support for hard-working Horned Frogs expands the TCU brand among top financial firms and creates a pipeline that will continue to filter the best TCU students to peak opportunities, year after year. “I want to make TCU a prominent name on Wall Street,” Strong said. Don't underestimate the power of a parent Alumni aren’t the only ones who can help students with career opportunities. Parents support Neeley by making introductions to their companies and checking for job openings. Susan Sledge, internship development coordinator for the Alcon Career Center, met with the Parent Council in spring 2013 to discuss career services for students and how parents can help. She met with them again in the fall, and word spread through TCU’s National Networking Night in January. This spring, 24 parents yielded their service for student development, mentoring and job opportunities. “We did a call for internships among the Parent Council and received almost a dozen jobs,” Sledge said. She added that parents also volunteered spare bedrooms in their homes in San Francisco, New York City, Chicago and more, to give students a place to stay while job hunting. Sledge is working with Kay Higgins, associate dean of student development and director of parent and family programs, to formalize the process to help direct parents on the different ways they can help TCU students. It can be as easy as supporting their own children. Never underestimate the power of a phone call or text from Mom or Dad. Sledge said that she and her colleagues in career services have seen an increase in the number of students attending career events on campus. “Parents did a good job encouraging their students to go to events because they were more informed about the opportunities,” she said. Synergy: What happens when leaders coach leadership students The world-class business leaders who graduate from the Executive MBA program know the value of mentoring high-potential people. So when students in the BNSF Next Generation Leadership Program need coaches, they know where to look. Scott Fitzgerald EMBA ’06, founder of S&S Fitzgerald Group, began coaching Next Gen students a few years ago after he spoke to the junior class about key components that define leadership. He drew on his 30 years as a senior leader in the aviation and aerospace industry as well as his time as a combat veteran and commissioned officer in Spring 2014 21 the military. “As luck would have it, my first assigned student for business coaching was an ROTC cadet who had his sights on becoming a fulltime officer in the U.S. Army,” Fitzgerald said. “I remember our first meeting and how moved I was by his authenticity and drive to become a better candidate for commission. We spent time looking at his true north, which included values, mission and vision. He hadn’t considered that he needed to know this about himself before he could lead soldiers.” The cadet called Fitzgerald often to tell him how his hard work and self-leadership were getting recognized among his ROTC cadre. “It was clear that, while I was giving back the University, I was also being rewarded by his grace, drive and transformation,” Fitzgerald said. “It was partly because of this opportunity that I founded my own executive coaching and leadership development company.” Mike Carter EMBA ’02, Aledo branch manager for First Financial Bank, said that his coaching experience has given him a fresh perspective. “The young leaders of tomorrow that I have mentored, guided and counseled give me hope that the future of our country is in good hands,” Carter said. “These young professionals are being trained and taught by the best educators in the business field, which results in wonderfully enlightening discussions and interactions as we get to know each other.” Carter said the interactive experience has been a “life changing” event for him as a Tony Medlin and Neil Patrick Dougherty interview Sophie Lake, marketing major, during Neeley’s Interview Day in 2013. business professional. “I hope to continue being a part of this project as long as this program will have me,” he said. Michele Gagne EMBA ’03 has volunteered as a business coach for the BNSF Next Generation Leadership Program since it began eight years ago. Gagne, project management office for Manufacturing TechOps & Quality at Alcon, said coaching provides a safe environment for students to ask questions and learn about the business world. “Amanda and I met regularly and she always came prepared with talking points, but she also knew she could call on me at any time for advice, which she did,” Gagne said. “We also planned social events together where we didn’t talk about business, but simply got to know one another better and enjoy what we had in common and the differences we each brought to the relationship.” Introducing students into the b-school. There is no room for the ordinary. As important as interview preparation is for Neeley students about to graduate, equally important is the interview process to be admitted to the Neeley School in the first place. After all, attracting the most desirable students is the cornerstone of a business school’s success. Each spring and fall, hundreds of business professionals and city leaders give up their Saturday morning to interview TCU students applying to the Neeley School. (Interview Day is a required part of the Neeley admission process, including a minimum 3.0 GPA, completion of Neeley Premium Credentials™ and certification in Microsoft Office.) Make no mistake: these are real interviews with real consequences. But the thoughtful feedback they provide – whether encouraging or noting areas of weakness – begins to shape the confidence and poise that will enable these students to be successful. And not every business school does it. The Neeley School’s Interview Day has been featured in Bloomberg Businessweek and lauded as a best practice by AACSB International, the premier accreditation organization for business schools. “I thought it was cool that Neeley got business professionals from the community,” Michael Daniels, entrepreneurial management major, said of his interview experience. “It gives us a chance to practice “ The young leaders of tomorrow that I have mentored, guided and counseled give me hope that the future of our country is in good hands.” - Mike Carter EMBA ’02 Aledo Branch Manager, First Financial Bank 22 of Business at TCU NeeleyNeeley FellowsSchool tour Bloomberg on their annual visit to New York City. “ Sol Kanthack (L) tallies up his scores and offers his comments as a judge for the 2013 Richards Barrentine Values and Ventures® Business Plan Competition. the skills they have been teaching us and that we’ve been working on with the Professional Development Center, and get feedback from actual business people.” Maru Iabichela BBA ’03 has been an interviewer for several years. “I keep coming back. Why not?” she said. “I’ve seen the growth and improvement of students’ preparation over time. I’m blown away by how sharp they are, how direct their answers are, how substantial.” Iabichela worked for BNSF Railway for nine years before starting her own coaching business last year. “I like to give students feedback right away,” she said. “I want to make sure it is a turning point for them, whether boosting their confidence or bringing down their ego just a little.” Interviewers ask students about work and academic experiences, why they want a business degree, and how they think their studies will prepare them for a career. “Interview Day gives us the chance to meet people in the business community and network,” Daniels said. “A person you interview with may be at a company you want to be at eventually, so you’re making a valuable connection.” VIP seating for the best business show in town Drop by any Neeley classroom at any time and the odds are good you will to see students dressed in their business best, making presentations to judges, employers, classmates and professors. Students hone their teamwork and presentation skills on team projects and competitions throughout the year that put them in front of potential employers and investors. During START Workshop orientation sessions, full-time MBA students work on a case from a major employer to showcase their critical thinking and delivery styles. Aviall, a Boeing Company, presented a case two years in a row and reaped the advantages of the win-win situation. “Aviall gets valuable insights into things we could change, and the students get a reallife case from a successful organization,” Jeff Goforth, database marketing analyst with Aviall, said. “We witnessed a lot of ideating. The presentations were fantastic. Everything was well thought out.” The companies that present the cases aren’t the only ones who benefit. Dozens of professionals from throughout DFW attend the presentations. They network with the students and each other, and enjoy a friendly competition for recruiting. Last fall, employers from 26 Dallas-Fort Worth companies filled two classrooms, and several national employers logged in to watch the presentations virtually. “We are fortunate we have such great interest from employers to attend our START Workshop case competition,” Bethany Kilgore, assistant director of recruitment operations for the Graduate Career Service Center, said. “It shows the strong interest in TCU MBA recruitment.” Neeley supporters with insight into startups answer the call each year to volunteer as judges and mentors for the Richards Barrentine Values and Ventures® Business Plan Competition. This year, more than 50 business leaders served as judges and mentors, including business owners, CEOs, financiers, bankers and attorneys. When Sol Kanthack BBA ’94 judges the Values and Ventures® competition, he appreciates how meticulously the students work on their plans and how nervous they are when presenting to the judges. After all, he was doing the same thing in 1999: presenting a plan for a company, www.brightroom.com, that takes photos at corporate, school and sporting events and sells them quickly and easily online. Kanthack’s plan won seed money that set him on his entrepreneurial journey as president, CEO and chairman of Brightroom. It’s inspiring to see these undergraduate students, at their age, with great plans that they are passionate about. Their tremendous energy and enthusiasm is contagious.” - Sol Kanthack BBA ’94 President, CEO and Chairman of Brightroom Buoyed by the success of his endeavor, he called on his alma mater to see how he could help other aspiring TCU entrepreneurs. He now serves on the Neeley Entrepreneurship Center’s advisory board and the Neeley Alumni Executive Board, and he judges the Values and Ventures® competition. “It’s inspiring to see these undergraduate students, at their age, with great plans that they are passionate about,” he said. “Their tremendous energy and enthusiasm is contagious.” Jan Norton BBA ’76, who judged the competition in 2013 and was a mentor for the winning team in 2014, agrees. “It was gratifying to be the mentor for the winning team for Values and Ventures® this year,” she said. “What impressed me most about the University of Arkansas team was that they did not just have an idea; they had built a prototype and had clinical studies and sales channels already lined up. I love to see that kind of entrepreneurial spirit in students.” Norton, a global financial executive, angel investor and coach with 30 years of corporate experience, believes it is important for students to interact beyond the walls of academia. “The academic experience can be somewhat isolated, so it is vital that students connect with the outside world during their educational experience, especially entrepreneurial-minded students,” she said. In addition to judging and mentoring, Norton is on a review team for Neeley & Associates MBA consultants and serves on the Neeley Entrepreneurship Center’s advisory board. Spring 2014 23 It’s a big world, and we welcome you to it Educating students for careers that are successful and significant means opening doors to new experiences. Neeley alumni do just that. Across the U.S. and around the world, Neeley alumni welcome students to their place of business to give them firsthand insight into a company’s and country’s culture. In New York City, students get a taste of life on Wall Street from alumni such as Bob McCann MBA ’82, CEO of UBS Wealth Management Americas, and Jim Spencer BBA ’89, now managing director and head of Credit Suisse Group’s Financial Institutions Group in the Americas. Spencer also hosted TCU’s National Networking Night in New York in January. In Kansas City, Neeley students attended corporate site visits and met with TCU alumni, parents and other business professionals. Ashley Wilson BBA ’08, client executive at Cerner Corporation in Kansas City, participated on a peer panel at Cerner and was impressed with students’ questions. “TCU business school students are looking for jobs that will allow them to create opportunities and break boundaries, and that’s not something you see in every business school grad,” Wilson said. “It is “ TCU business school students are looking for jobs that will allow them to create opportunities and break boundaries, and that’s not something you see in every business school grad.” inspiring to see students who are willing to take a chance to move to a new city.” In all, students met with 28 business professionals in Kansas City, from firstyear employees to senior executives at Deloitte, Cerner, VML, American Century Investments, Perceptive Software, JE Dunn Construction and Google Fiber. “We were able to meet people that I never believed I would have the opportunity to meet, much less have a chance to ask questions and learn from their experiences,” Daniel Castaneda, pre-business major, said. “The Kansas City TCU network was a tremendous asset to the Alcon Career Center and the Neeley Professional Development Center in planning this trip,” Meg Lehman, national employment recruiter for the Alcon Career Center, said. “The variety of people who spoke to the students made it a robust learning experience for them to learn about opportunities in different industries.” Closer to home, Ray Carpenter MBA ’04, assistant vice president of marketing, pricing and strategy at AT&T, endorsed his alma mater to AT&T’s just-hired MBA university relations manager in 2011 to come to TCU to recruit. He also coordinated with other TCU MBA alumni working at AT&T to come to campus to conduct information sessions. “Ray’s efforts have yielded eight summer internships (five this summer) and three full-time hires, and AT&T has asked to be our case competition for START Workshop this year,” LaTanya Johns, director of the Graduate Career Services Center, said. Carpenter also serves on the MBA Advisory Board. Across the Atlantic, Laurent Attias MBA ’91, head of Global Commercial Strategy at Alcon, organized a half-day set of presentations and cases with his country managers for the MBA trip to Italy. Omar Mata, MBA ’02, director and finance transformation practice leader with Deloitte in Santiago, Chile, hosts Neeley MBAs and Neeley Fellows each year. “I enjoy the opportunity to share with students. I talk to them about my time at Neeley, my journey since, and what it is like to live and work in another country,” Mata said. “Hopefully, I give them another perspective and open their minds to the possibility of a global career.” Dan Grable, parent of TCU students Ryan and Blake, organized a tour of the Port of Hong Kong for a TCU study abroad session. He and his wife, Lisa, have met numerous people at TCU through their involvement with the Parents Council. Penny Bishop, director of parent giving, introduced Grable to Dean Erekson, who introduced him to faculty and staff in the Supply and Value Chain Center. “I met Dr. Meade during one of my visits to TCU because Ryan was interested in going on the business school trip to China that she is overseeing,” Grable said. “My company, Goodman Birtcher, owns industrial properties in Hong Kong and mainland China, so I thought it would be of interest for TCU students to tour our facilities in the Port of Hong Kong, given that the focus of their trip is on supply chain management. I put Laura in contact with the head of our operations in China, who organized a day at the port so the TCU group can learn about the port’s operations, including a tour of the largest warehouse in the world, ATL Logistics Centre.” Grable said he and Lisa love TCU and are always glad to help however they can. “Many people at TCU will gladly connect parents and families who want to get involved,” he said. “The bottom line is, maintaining relationships is essential and often presents new opportunities, and that is important for students to see and learn.” - Ashley Wilson BBA ’08 Client Executive, Cerner Corporation, Kansas City Omar Mata MBA ’02, center, welcomes Neeley students to Deloitte in Santiago, Chile. Molly Johnson BBA ’13, William Cocke TCU ’13, and Ashley Wilson BBA ’08, participated in a panel for TCU students visiting Cerner in Kansas City. 24 Neeley School of Business at TCU CONNECTING HORNED FROGS Purple pride runs deep. Across Fort Worth, Dallas, Texas, the United States and the globe, Neeley alumni network and maintain their connections with their alma mater. Volunteer leaders serve an especially important role at Neeley through the Neeley Alumni Executive Board. “I’m excited with how engaged the Neeley Alumni Executive Board is in creating a strong network of alumni and associates to support the Neeley School of Business,” Mike Pavell, BBA ’93 MBA ’99, president of the board, said. Both undergraduate and graduate Neeley alumni serve on the board, as well as current student representatives. Board members assist the Neeley School in recruiting students, placing students in internships and full-time positions, supporting student programs, raising funds, and developing and coordinating events such as Neeley’s 75th anniversary gala. The board works closely with Neeley’s director of alumni and constituent relations, Dallisa Hocking, who joined the Neeley School in fall 2013 to develop programs and activities for Neeley alumni, parents and other key partners. “For many years I’ve been a community connector, creating and sustaining meaningful relationships, so I look forward to further engaging with Neeley alumni and constituents, building on the success that Neeley and TCU have already established,” Hocking said. “It’s an exhilarating time to be here, and I look forward to the journey ahead.” Hocking previously created events and initiatives for The Cosmopolitan in Las Vegas, overseeing sustainability efforts and aligning the company with partnerships and volunteer programming. She also held a management role with Caesars Entertainment, overseeing internal communications, engagement and event programming, and directing volunteer outreach programs for nine properties and 30,000 employees. She was a board member of Las Vegas Business Academy and a member of UNLV Corporate Academic Council. She holds a BA in corporate communications from the University of Nevada, Las Vegas. Pavell, Hocking and the board are reaching out to alumni around the world who are interested in serving and spreading the message about the Neeley School’s many accolades and initiatives. “When I look at my career,” Pavell said, “a lot of my success and the relationships I have formed have come about as a result of my time at Neeley as both an undergrad and a graduate student. Serving on the alumni board is a great opportunity to express my thanks, stay engaged, further develop relationships and give back.” Pavell also helps connect Neeley students with internships and job openings at Bank of America, where he is the Tarrant County president. “It is very rewarding to make that connection between my career and current Neeley students,” he said. “I encourage all Neeley alumni to do the same in their own businesses and business networks. If you are looking for a way to support Neeley but don’t know where to start, hiring Neeley students or helping them find a career path is a worthwhile first step.” Spring 2014 25 Our Thanks for Supporting Neeley Students Today…and Tomorrow Providing resources to support higher education is a noble goal that affects countless lives well into the future. We highlight some of our supporters who have provided opportunities for students, faculty and programs. Some were students themselves. Some are parents and grandparents of students. Others hire Neeley students for internships and careers. All of them – and many more – provide vital resources that assure a rewarding and enriching experience for Neeley School students today, and students of the future. Ashlee and Chris Kleinert Endowed MBA Scholarship Tom Stallings EMBA ’08 and Shannon Flethcher EMBA ’14 presented Nancy Nix with a declaration from the office of Commissioner Roy Brooks recognizing her achievements and her retirement. Nancy Nix Endowed EMBA Scholarship The EMBA class of 2013 decided that the best way to support TCU and exemplify the leadership characteristics they had honed in the program was to raise funds for a scholarship for future EMBA students. The class raised $63,836.91 in pledges to date. Michael Stanley EMBA ’08 made a significant pledge on behalf of the One Thing Better Foundation in honor of Dr. Nancy Nix. John Merrifield EMBA ’02 and Brenda DeVore EMBA ’10 also are contributing to the scholarship fund. All EMBA alumni are welcome and encouraged to contribute. The scholarship is named in honor of Nix, who served as executive director of the TCU EMBA program from 2009 till her retirement in December 2013, taught EMBA classes in supply chain management and IT since 2005, and led EMBA study abroad trips to China, Hong Kong, Argentina, Brazil and Chile. Robert and Edith Schumacher Executive Faculty Fellow in Innovation and Technology Executive Faculty Fellow in Entrepreneurship As a successful oil and gas entrepreneur, Bob Schumacher BBA ’50 understood the transformative role of technology on industry. When he and Edith were presented with this opportunity by Dean Erekson, they were quick to see the potential and offer their support of $500,000 in honor of their grandchildren, Corey Kyle TCU ’08 MAc ’09 and Ryan Millett TCU ’09. Dr. Raymond Smilor, the Schumacher Executive Faculty Fellow in Innovation and Technology, is an expert in national and international entrepreneurship who has authored 15 books. Dr. Keith Hmieleski, the Shumacher Executive Faculty Fellow in Entrepreneurship, has been named one of the top 10 entrepreneurship educators in the nation by the Acton Foundation. Ashlee and Chris Kleinert MBA ’92 are pleased with the TCU MBA program’s rise up the rankings, so they made a strategic $300,000 investment to keep that direction going by attracting high-quality MBA candidates and raising Neeley’s national recruiting profile. Kleinert is chairman of Hunt Investment Corporation and director of Hunt Realty Investments Inc., both subsidiaries of Hunt Consolidated Inc., which has business interests in oil and gas exploration and production, petroleum refining, electric power generation and transmission, ranching and agriculture. Dawn and Brian Hoesterey Student Excellence Fund in Honors Business As a financial advisor, Brian Hoesterey BBA ’89 has lived and worked in New York and Hong Kong. He also serves on the board of international companies, so he knows the value of a global business perspective. To make sure deserving Neeley students get to experience careerenriching business and cultural activities across the country and around the world, Hoesterey and his wife Dawn pledged a $100,000 endowment fund to support student travel for the Neeley Fellows honors program. Neeley Fellows at the New York Stock Exchange. 26 Neeley School of Business at TCU Davis Family Entrepreneur-in-Residence With a generous commitment of $1.5 million by Antoinette and Barry Davis BBA ’84, the Davis Family Entrepreneur-inResidence position supports the ongoing programs of the Neeley Entrepreneurship Center and the TCU Energy Institute. Davis is chairman, president and CEO of Crosstex Energy Companies with more than 20 years of experience in the natural gas industry. Antoinette (May) Davis earned a BFA and MS in Communications from TCU. Brad Hancock, director of the Neeley Entrepreneurship Center and a successful business leader experienced with entrepreneurship and innovation, is the first recipient. Barry Davis Marilyn and Mike Berry, Neeley Premium Credentials™ Marilyn TCU ’86 and Mike Berry MBA ’82 believe that professional communication skills are vital for students to enter the business world seamlessly and eventually lead others. With a $300,000 gift that includes a $200,000 endowment, they established Neeley Premium Credentials™ in 2009 to provide students with targeted personal development. Provided through the Professional Development Center, Neeley Premium Credentials™ guides students throughout their three years in the Neeley School and facilitates a successful transition from college to career. Mike is president of Hillwood Properties, where he leads development efforts for the 17,000acre AllianceTexas development. Marilyn is a graduate of the Harris College of Nursing. For more information about Neeley Premium Credential™, visit www.neeley.tcu.edu/pdc. Brad Hancock Richards Barrentine Values and Ventures® Business Plan Competition Jason Barrentine, Ron Barrentine, Lisa Barrentine, Nancy Tartaglino Richards and David Richards at the 2014 Values and Ventures® Business Plan Competition. Kleinheinz Endowed Chair in International Finance and Investments This new endowed chair in finance, provided by the generosity of John and Marsha Kleinheinz, will support the recruitment of a distinguished teacher and scholar with primary focus on international finance, with expertise in global investments. It will heighten the international focus of teaching and research for Neeley School faculty and students, as well as strengthening the ability of the Finance Department to offer premium learning experiences in investment management. From Wisconsin, Scotland, Arkansas, Washington D.C., South Carolina, Mexico, Texas and everywhere in between, the best entrepreneurial-minded students from universities around the world come to TCU each spring to compete for the best business plan that incorporates values, ethics and/or service into a for-profit business. The Values and Ventures® endowment is a combination of gifts totaling $2,005,000 to date, and including gifts from TCU Trustee and parent Nancy Tartaglino Richards, the Tartaglino Richards Family Foundation, First Preston HT Fund of Dallas Women’s Foundation, Lisa and Ron Barrentine, Sally and Jeff Biegert BBA ’74, and Woody Philips. For more information, visit www.neeley.tcu.edu/vandv. Supply and Value Chain Center Sponsors As a sponsor of the Supply and Value Chain Center, companies can help shape and recruit Neeley supply chain management students, support a network of professional supply chain management executives, and take part in faculty research and student projects. Students gain realworld experience working on company projects, and get to network with company execs for guidance, mentorship and opportunities for internship and full-time positions. Current SVCC sponsors include BNSF Railway, DynCorp International, Celanese and Lhoist North America as $20,000 Fellow Sponsors. Alcon, Savant Strategies, Lockheed Martin, Alliance Texas, Corning, American Airlines, TTI and FritoLay are $10,000 World-Class Sponsors. Elbit Systems and Allied Electronics are $5,000 Premier Sponsors, and Pier 1 Imports is a $2,500 Elite Sponsor. For more information, visit www.neeley.tcu.edu/svcc. YOU CAN HELP FUTURE BUSINESS STUDENTS GET THE ADVANTAGE OF A TCU EDUCATION Whether supporting student scholarships or funding faculty and programs, you can assure that deserving students get the chance to be Horned Frogs for life. For more information on giving opportunities for the Neeley School, contact David Dibble, director of development, at 817-257-5149 or [email protected]. Spring 2014 27 BUILDING A BOLD FUTURE 28 Neeley School of Business at TCU The Neeley School of Business and TCU are creating a bold plan for the future — a wellthought-out vision of collaborative and inventive teaching, learning and research, with a touch of technological magic to stir innovation and spur the creation of new ideas. Spring 2014 29 “ We cannot afford to think small or be content with the status quo. We hope alumni and other friends of the Neeley School will help us build the future by investing in a space where business, innovation and a values-centered life come together for the greater good.” - O. Homer Erekson John V. Roach Dean of the Neeley School of Business T he Neeley School is in the planning and fundraising stages of developing world-class facilities. With renowned programs, increasing attractiveness to distinguished faculty, a growing pool of outstanding student applicants and a competitive spirit, the Neeley School is well positioned for even greater success. However, the business school has reached capacity for both classrooms and office space. New buildings, major renovations and expansions are essential if Neeley is to compete with the best business schools in the nation and world. The Neeley School dean, faculty and staff are collaborating with architects to develop facilities for a business school on the move: new east and south wings, central atrium and office complex, auditorium and north connector. All will be integrated with existing Neeley facilities and set off by a landscaped business quad. “Our goal with this ambitious building project is to hone our competitive advantage and solidify our position as a premier global business school,” O. Homer Erekson, John V. Roach Dean of the Neeley School of Business, said. Appropriately, the Neeley School will 30 Neeley School of Business at TCU anchor TCU’s most ambitious development yet, the Intellectual Commons. Flexible, interdisciplinary and entrepreneurial, the Intellectual Commons will include Rees-Jones Hall, a new state-of-the-art instructional building and home to the Institute of Child Development, the TCU Energy Institute and the IdeaFactory, an initiative through which students develop marketable products. The Intellectual Commons also will include a high-tech addition to and renovation of the Annie Richardson Bass Building for Harris College of Nursing & Health Sciences and the repurposed Mary Couts Burnett Library featuring a collaborative, technicallyadvanced, media-rich environment. “We cannot afford to think small or be content with the status quo,” Dean Erekson said. “We hope alumni and other friends of the Neeley School will help us build the future by investing in a space where business, innovation and a values-centered life come together for the greater good.” For more information on how you can support the Neeley School building project, contact Dean Erekson at [email protected] or 817-257-7526. NEW NEELEY SCHOOL OF BUSINESS FACILITIES Carefully thought-out architectural and interior design will result in spaces that will enable the Neeley School to better meet its strategic goals by: • Anticipating the future with an environment designed for flexibility Renderings by CannonDesign • Supporting innovation, collaborative research and seamless global communication • Integrating the latest proven technologies, while creating spaces adaptable to technological advances • Serving as a business hub for North Texas — a center for innovation and networking — and providing an exciting venue for business and community events • Modeling sustainability in facility design and function PHASE I • New East and South Wings • New Central Atrium and Office Complex • Auditorium and North Connector PHASE II • Tandy Hall and Smith Hall Renovations Spring 2014 31 CLASS NOTES Send us your news, announcements and photos. Visit neeley.tcu.edu/classnotes to submit your latest and greatest. GRADUATE 1970s Richard Sukup MMSc ’77 and his daughter Kerri Sukup Menchaca are represented by Adobe Western Art Gallery for their original oils and giclee prints displayed at corporate and private events. Sukup is president of Magnolia Global Energy. He is welcoming his fourth grandchild. 1980s Mark S. Pierce MBA ’83 has been a wealth advisor for Thrivent Financial for 22 years. His son, Jonathan, is currently a freshman at TCU. Ray Gao MBA ’96 currently resides in Munich, Germany, and is manager of software as a service for Accenture, GmbH. During the last few years, he traveled between the USA and Europe and lectured at the University of Burgundy, France, on enterprise architecture. In 2010, his open source framework was instrumental in Salesforce's $212 million acquisition of Heroku. In 2013, he attended Former Vice President Al Gore’s Climate Reality Leadership training in Chicago. Ed Koellner MBA ’89 is now vice president of global product compliance for Western Union in Denver, Colorado. Richard Harrell MBA ’97 joined the real estate services group of Wells Fargo Wealth Management as a trust asset manager in November 2013. David Gregory Mosby MBA ’89 is now dean of business at International University of Technology Twintech in Sana'a, Yemen. 2000s 1990s Esam Alkhalifa MBA ’93 has moved to Saudi Aramco as a marketing manager after eight years with OPEC in Vienna as a world oil consumption analyst. Brad Mrozinski MBA ’03 was recently appointed to lead the global competitive strategy efforts for Deere & Company’s Ag and Turf Division. Brad resides in the Quad Cities with his wife, Stephanie, sons Paul, 5, and Josh, 3, and daughter Angela, 1. 32 Blair Swing MBA ’06 celebrated her 25th wedding anniversary and her 25th year with Linbeck. She also won third place at the 2013 State Fair of Texas for her woodworking project. Michele Kruzel Polanski BBA ’03 MBA ’07 and Stephen Polanski BBA ’04 welcomed their second daughter, Isabel Scott, in September 2013, who joins her big sister, Grayson. Tim Bates BBA ’03 MBA ’08 and Tom Bates BBA ’01, owners of Glendarroch Homes, announce that their company is participating in the 2014 Kaleidoscope of Homes tour in the new Viridian neighborhood in Arlington. The show features the latest in building technology. 2010s Fritz Rahr BBA ’89 MBA ’93 celebrated Rahr & Sons Brewing Co.’s nine-year anniversary in November 2013. The Fort Worth-based brewery has grown from 2,000 barrels a year to 20,000 barrels a year and won more than 50 nationally recognized awards, including Silver Medal at the 2012 Great American Beer Festival, Bronze Medal at the 2008 World Beer Cup for Bucking Bock, and 2009 National Grand Champion at the U.S. Beer Tasting Championship for Iron Thistle. Chris Westfall MBA ’95 was featured in U.S. News & World Report in an article on “7 Steps to Deliver Your Best Elevator Pitch,” January 17, 2014. Chuck Bouligny MBA ’06 was named partner of Ascend Concepts Inc., a branding and marketing services firm in downtown Fort Worth. Ryan Kettle TCU ’03 MBA ’10 and Crystal Forester TCU ’04 MBA ’10 welcomed their daughter Emma Nicole Kettle on October 7, 2013. Gary L. Tonniges Jr. MBA ’05 won the 2013 greater Tarrant Business Ethics award for his company, TriQuest Technologies Inc., which he founded in 1997. Regan McDonald MBA ’10 and Jonathan Gilstrap MBA ’11 were married on New Year’s Eve 2013 at Robert Carr Chapel. Regan is assistant director of marketing and external affairs at Texas A&M University School of Law. Jonathan is a principal at Pinnacle Property Group in Fort Worth. LIKE NEELEY ON FACEBOOK FOLLOW NEELEY ON TWITTER facebook.com/NeeleySchoolofBusinessatTCU @NeeleySchoolTCU Neeley School of Business at TCU ........................................................................................................................................................................................................................................................................................................... Greg Saltsman MBA ’11 launched Pearl Snaps Kolaches, selling baked goods out of The Lunch Box, 6333 Camp Bowie Blvd., Fort Worth. Greg and business partner Wade Chappell hope to open their own retail storefront in 2014. They also deliver. www. pskolaches.com Jennifer Craft (Jones) ’83 and her husband, Bill, celebrated the first anniversary of the opening of their restaurant, Fly by Night Cattle Co. – Steaks & BBQ, in Cleburne, Texas. John P. Parker BBA ’07 MBA ’12 accepted a position as operations manager for Uber Technologies Inc. in the Dallas field office. Bill Bartholomew MAc ’13 and Virginia Jones MAc ’13 are the national 2013 Elijah Watt Sells award winners. The award celebrates individuals who passed all four sections of the CPA exam and obtain the highest scores nationally. TCU was the only school in Texas to have two award winners this year. UNDERGRADUATE 1960s Marshall Neal Carter ’61 lost his 1959 Dean’s Honor List certificate in a recent move and called the Neeley School to replace it. He still had the letter from Dean Harrison and the list of honorees from the TCU registrar. The Neeley Academic Advising Center was happy to help Marshall with his request. 1970s James L. Hass, Col. (ret), USAF, ’73 recently signed a 15-month contract with HABCO Industries LLC as a military consultant for the firm. 1980s Chaille Graham Ralph ’81 is the 2014 chair of the board for the Houston Association of REALTORS®. Ralph is senior vice president of sales for Heritage Texas Properties’ Post Oak, Downtown, Heights and Galveston locations. In addition, she holds director positions with both the Texas and National Associations of REALTORS® and has served on committees at both the state and national levels. Fred Streck ’83 is the 2014 president of the Fort Worth Chapter of the American Board of Trial Advocates. Streck is board certified in Personal Injury Trial Law and Civil Trial Advocacy and has been practicing law in Fort Worth since 1986. David Nielsen ’85 is now associate director of media relations for the American Council of Life Insurers in Washington, D.C. Kathy Permenter ’85 formed Younger Partners, a commercial real estate firm in DFW and Austin, and serves as co-managing partner. She announces that they have three TCU graduates on board. CLASS NOTES Jennifer Ellen Conrad ’99 opened of her second Conrad Creative gift store at 4911 Camp Bowie Blvd., Fort Worth. The first location is 131 N. Main Street, Mansfield. Conrad Creative specializes in corporate gifts, custom wreaths and specialty gift items. www. conradcreative.com. Liz Crossman Cook ’99 and husband Shawn announce the arrival of son Ryan Patrick Cook on May 16, 2013, who joins big brothers Evan, 4, and Nathan, 2. Liz is manager of talent acquisition for First National Bank of Omaha, and Shawn is director of student affairs for the School of Pharmacy and Health Professions at Creighton University. They live in Omaha, Nebraska. Bob Eisthen ’87 celebrated his 20th anniversary with Bartlett & Co as a registered investment advisor in Cincinnati, Ohio, in March 2014. Paul Hains ’87 celebrated his one-year anniversary with DoubleBarrel Downhole Technologies as the quality and documentation manager. 1990s Tracey Jackson ’90 was promoted to senior marketing manager, global partner marketing at VMware. Jackson has been with the company for more than three years and resides in Austin. Ken Wimberly, CCIM, ’96 recently launched KW Net Lease Advisors, a national investment sales brokerage consortium, through the KW Commercial platform. He is seeking Horned Frogs from around the country to expand the endeavor. John H.P. Hudson ’99 was promoted to vice president of regulatory affairs at Premier Nationwide Lending. He serves as NAMB’s communications chair and was recently named Top 25 Most Connected Mortgage Professionals by National Mortgage Professional Magazine, as well as Top 40 under 40 Most Influential Mortgage Professionals. Hudson lives in San Antonio with his wife, Darinka. They recently had their first child. CONNECT WITH NEELEY ON LINKEDIN KEEP UP WITH TCU ALUMNI Search "Neeley School of Business at TCU Alumni" Visit Froglinks.com for TCU alumni news and events. Spring 2014 33 CLASS NOTES ....................................................................................................................................................................................................................................................................................................... Chris Duty ’05 is now director of product at Mobile Travel Technologies in London. He previously was mobile product manager at RetailMeNot. Chris and his wife, Andrea Bearce Duty ’07, relocated to London from Austin. 2000s Carlo Capua ’00, owner of Z’s Café, was honored in the 40 Under 40 awards by the Fort Worth Business Press. He recently opened a third café location in the Dallas Farmer's Market. A food industry entrepreneur, Carlo lives in Fort Worth with his wife, Rachael Capua ’09. Dr. Lane Eddleman ’00 has been inducted as a Fellow of the Pierre Fauchard Academy, an international dental honor organization that pursues the highest ideals of dentistry in every country in both ethical and moral practice and through service to community, nation and profession. Michael Del Toro Navarro ’00 was elected president of the Dallas Police Citizens Academy Alumni Association, appointed events committee member of the FBI Dallas CAAA, appointed a board member of the Dallas County Citizens Elections Advisory Committee by the Dallas County Commissioner District 4, and appointed as elections judge for Precinct 4065. Navarro is running for mayor of Cockrell Hill, Texas. Michael Anne Pritchard ’01 is now an inhouse attorney for Cook Children’s Health Care System in Fort Worth. Dede Williams ’01 is now director of the Leadership Center at TCU. She oversees university leadership programming and development initiatives. Litza Bayless ’03 and her husband Spencer Bayless MBA ’08 welcomed their daughter Sara Vivian Bayless on February 11, 2014. They live in Livermore, California, where Spencer works in store operations finance at Ross Stores, and Litza works in workers comp claims at ABM. Clark Rucker ’05 and his wife, Rebecca, and daughter, Harper, welcomed Haley Elaine Rucker on January 2, 2014, weighing 8 pounds, 10 ounces and 21 1/2 inches long. Blair Moore (Ensign) ’06 and Keeton Moore welcomed their first child, Carlisle Mary Moore, on September 19, 2013. Carlisle was 6 pounds, 11 ounces, 18 1/2 inches long. Blair, Keeton, Carlisle and their dog, Maverick, reside in Fort Worth. Natalie King ’07 and Nathan Jones are engaged. Nathan proposed on the football field in Amon G. Carter Stadium during homecoming weekend at the TCU vs. KU game in October. They will be married in Kansas City in October 2014. Anthony Allegra ’04 welcomed the newest TCU fan, Luciana Rose Allegra, on November 15, 2013. She enjoys spending time with her daddy watching TCU games. Aaron McLachlan ’04 is now a financial consultant at Charles Schwab. Dominique Dennis ’05 joined Apple Inc. in July 2013 as NPI materials program manager after a successful career with Stryker. 34 SEE PHOTOS FROM NEELEY EVENTS WATCH UPDATES FROM NEELEY flickr.com/Neeley_School YouTube.com/TCUNeeleySchool Neeley School of Business at TCU ........................................................................................................................................................................................................................................................................................................... CLASS NOTES Johnathan K. Leer ’07 has accepted a position with Baylor Scott and White Health as a strategic financial services analyst II. Previously, Johnathan worked for JPS Physician Group and Cook Children's Health Care System. He is currently pursuing his Masters in Healthcare Administration at the University of Texas at Arlington. Arthur Cameron Quisenberry ’07 and Rachael Jane Juergens Quisenberry ’09 were married on July 5, 2013, in Santa Barbara, California. They currently live in Fort Worth. Megan Cunningham Sanders ’08 married Steve Sanders on November 2, 2013, at Cordillera Ranch in Boerne, Texas. They live in Fort Worth where Megan is a practicing attorney and Steve is a chiropractor at ChiroPlus Clinic. Lisa Cloud ’03 and Adam Campetti were married October 5, 2013, at Robert Carr Chapel. The couple resides in Lewisville, Texas. Lisa is a buyer for the City of Lewisville and Adam is the videographer and media specialist for the City of Lewisville. Horned Frogs in the wedding party included maid of honor Betsy Thomas ’03, Michelle Benham TCU ’02, and Jennifer Schmidt McFerrran TCU ’03. Amy O’Hoyt ’09 has undertaken hike-thrus on the Sonora Pass, Appalachian Trail and in New Zealand. Jake Russell Friemel ’08 and Ashley Lauren Van Hoef ’09 were married March 28, 2014. They met at a TCU football game in 2011. SHARE YOUR NEWS WITH NEELEY SUBSCRIBE TO NEELEY NEWS Visit neeley.tcu.edu/classnotes to send your news. Visit neeley.tcu.edu/topstories to sign up! Spring 2014 35 ON THE SCENE ................................................................................................................................................................................................................................................................................................... 1 2 1 Mark Cuban visited TCU MBA students’ class on corporate 6 For seven years in a row, billionare investor Warren Buffett 2 Kansas City treated Neeley students to an entrepreneurship panel, 7 Scottish-born TCU Provost Nowell Donovan wishes Associate crime to give his first-person account on allegations of corporate misconduct, for which he was found innocent. company visits including Google Fiber, museum tour, networking with young alumni and meetings with C-level executives. 3 Dean Homer Erekson welcomed NYSE Euronext CEO Duncan Niederauer to campus as part of the Tandy Executive Speaker Series. Niederauer talked about his leadership during the transformation of NYSE Euronext into an innovative, globally integrated organization with a high-tech, high-touch focus. 4 U.S. Association for Small Business and Entrepreneurship got a dose of Texas hospitality from Neeley. More than 500 entrepreneurship educators from around the world came to Fort Worth in January as the Neeley School hosted the annual USASBE conference, “Cowboys, Culture and Creativity.” 5 Dr. Jagdish Sheth, professor of marketing in the Goizueta Business School at Emory University and 2014 Neeley School Green Chair lecturer, spoke in depth about how today's word-ofmouth marketing, also known as social media, has changed the way marketers reach consumers and how marketing content is created. has invited TCU MBA students to his hometown of Omaha, Nebraska, for some up-close-and-personal time. Dean George Low the best of luck at Froghenge at TCU, as Dr. Low prepares to leave Horned Frog country to be Dean of the College of Business and Economics at Radford University in Virginia. 8 Neeley alumni and friends from throughout Florida enjoyed a night out at Downtown Disney in Orlando. The evening began with a reception at Planet Hollywood followed by a theater performance of “La Nouba.” 9 TCU MBAs Zhenya Egupova, Mykel Diggins, Drew Fay and Vinny Arbitrage competed in the 2014 Leeds Net Impact Case Competition at the University of Colorado. The team advanced to the championship round. 10 TCU real estate students got a VIP tour of the Rangers Ballpark in Arlington courtesy of Rob Matwick, executive vice president of business operations for the Texas Rangers, and Jamie Adams, senior vice president for Briggs Freeman Sotheby's Realty. Neeley Real Estate Instructor Leslie Purvis set up the event. 11 Juniors in the BNSF Next Generation Leadership Program met with TCU alumni and toured companies in Chicago over fall break to further develop their leadership skills and prepare them for a successful career. 3 36 Neeley School of Business at TCU 4 5 ....................................................................................................................................................................................................................................................................................................... ON THE SCENE 6 7 8 9 10 11 Spring 2014 37 Texas Christian University TCU Box 298530 Fort Worth, Texas 76129 Non-Profit Org. U.S. Postage PAID Ft. Worth, TX Permit No. 2143 ADDRESS SERVICE REQUESTED BOB SCHIEFFER VISITS THE NEELEY SCHOOL TO TALK ABOUT THE FUTURE OF NEWS Schieffer sat down with O. Homer Erekson, John V. Roach Dean of the Neeley School, and about 100 Neeley undergraduate and graduate students, and talked about the past, present and future of news. Neeley students Yun Lim and Courtney Jordan with veteran newsman Bob Schieffer. 38 Neeley School of Business at TCU
Similar documents
Spring 2010 Issue - Neeley School of Business
6 The Road Less Traveled O. Homer Erekson John V. Roach Dean of the Neeley School of Business William C. Moncrief Sr. Associate Dean for Undergraduate Programs Charles F. and Alann P. Bedford Profe...
More informationSpring 2008 Issue - Neeley School of Business
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...
More information