Elon LSB Annual Report 2019 by University Communications

EX PE RI EN CI NG LE AD ER SH IP ANNUAL REPORT 2018-19 FOR ALUMNI AND FRIENDS

MA R T H A A N D S P E N C E R LO V E S C H O O L O F B U S I N E S S

LETTER FROM THE DEAN Greetings from Elon!

TABLE OF CONTENTS 1

News

Competitions & Presentations

Global Engagement

Where Is the Class of 2019?

Alumni of Excellence

Faculty & Staff

Year in Review

Advisory Boards

I'm delighted to present our annual report for 2018-19. As you read it, you will see the many ways in which our students succeed thanks to the dedication of our faculty and staff. Indeed, there’s a lot to be proud of, whether it’s the success our students have had securing competitive internships or starting their careers in the company of their choice. As I start my eighth year as dean, I am filled with pride that our students, faculty and staff have worked together to create an environment where students are given every opportunity to grow as individuals and succeed. There are a few items in our report that I want to draw your attention to. The first is the dedication of Sankey Hall in October 2018. Our vision was to design a building that would encourage community among students, faculty and staff. That vision has come to fruition in this beautiful building. Each day as I walk through the building, I am delighted to see all the meeting rooms filled with students either working in groups or by themselves. I love driving by the building at night to see it all lit up and filled with students. Sankey Hall has given us much needed space to accommodate the tremendous growth we have experienced over the last few years. The second is our AACSB reaccreditation. As was the case in 2014, this time, too, the peer review team recommended our reaccreditation without any recommendations for improvement. I am very grateful to our faculty and staff for their hard work and dedication to the success of our students. Finally, we are proud to be ranked in the Top 50 undergraduate business programs in the country (No. 28 among private universities) by Poets & Quants. While growth in students is good, what is important is not how big we are, but how good we are. We are especially proud of our ranking because we are just one of four schools in the Top 50 that do not have a secondary admissions process into the Business School. We’ve discussed this issue numerous times, but we do not want to put students (and their parents) through the two-year agony of finding out whether the student has been admitted to the Business School. We want to give every student who wants to study business a chance to succeed, and placement data shows that they are indeed succeeding. Of our 2019 graduates, 85.3% either had a job or were in graduate school at the time of graduation. I hope you enjoy reading our report. I welcome any thoughts or suggestions you have. We couldn’t have been successful without your support. Sincerely,

Raghu Tadepalli, Dean rtadepalli@elon.edu

ELON BUSINESS

ELON UNIVERSITY PRESIDENT

DESIGN

SEND INQUIRIES TO:

Connie Ledoux Book, Ph.D.

Garry Graham

PROVOST AND EXECUTIVE

COPY EDITOR

VICE PRESIDENT

Alexa Boschini ‘10

Martha and Spencer Love School of Business Elon University 2075 Campus Box Elon, NC 27244

Steven House, Ph.D. DEAN

Raghu Tadepalli, Ph.D. ASSOCIATE DEAN

Jennifer Platania, Ph.D. EDITOR

Nicole Filippo ‘04 G’18

PHOTOGRAPHER

Kim Walker This report is published yearly for alumni and friends by the Martha and Spencer Love School of Business. Published September 2019

336.278.6000 nfilippo@elon.edu

elon.edu/business

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NEWS

RICHARD W. SANKEY HALL OPENS

Left: Sankey Hall donors cut a ribbon to mark the building's dedication. Below: The facility offers a new home to a variety of programs available to students across campus, including the Financial Education Center and the Chandler Family Professional Sales Center.

ichard W. Sankey Hall opened in fall 2018, providing new offices and classrooms, along with several study spaces, meeting rooms and student engagement areas. The three-story, 30,000-square-foot facility is also home to the Chandler Family Professional Sales Center, Doherty Center for Creativity, Innovation and Entrepreneurship, Financial Education Center and a design lab. The Elon community gathered Nov. 2 during Homecoming to dedicate the building, expressing thanks to dozens of supporters of the project including Jim and Beth Sankey P’12 P’13 P’20 and their family, who offered the lead gift. The building is named for Jim’s father, a business leader in Canton, Ohio, who passed away in 2013. “These services and centers,

combined with classrooms, and teambuilding spaces create a powerful backdrop for problemsolving and creative teamwork,” President Connie Ledoux Book said during the dedication. “You have forever improved Elon University.”

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NEWS

Love School granted reaccreditation

In spring 2019, the Martha and Spencer Love School of Business earned an extension of its business accreditation by AACSB International, the world’s largest business education alliance. Synonymous with the highest standards of excellence since 1916, AACSB provides quality assurance, business education intelligence and professional development services to over 1,600 member organizations and more than 800

accredited business schools worldwide. In order to earn and sustain business accreditation, an institution must align with a set of 15 business accreditation standards built around the themes of engagement, innovation and impact. The rigorous standards focus on mission and strategic management; support for students, faculty and staff; learning and teaching; and academic and professional engagement of students and faculty. After initially receiving accreditation in 2004, the Love School of Business has participated in the AACSB continuous improvement review process every five years.

Elon ranked among country’s Top 50 undergraduate business programs The Martha and Spencer Love School of Business’ undergraduate business program is among the best in the country, according to business education news outlet Poets & Quants. Elon’s program ranked No. 50 in the survey by Poets & Quants, which includes private and public institutions of all sizes. The survey methodology focused on three main components: 1) school admission standards, 2) perspectives from alumni two years post-graduation on the academic experience and 3) employment data. Elon achieved its highest marks in career outcomes for alumni, ranking No. 39 in the nation in this category. The ranking considered the percentage of students with internships before graduation and with full-time jobs within three months of graduation, along with average salary and signing bonus for the Class of 2018.

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ELON BUSINESS PROGRAMS EARN RECOGNITION IN COLLEGE FACTUAL BEST COLLEGES College Factual recognized Martha and Spencer Love School of Business undergraduate programs, with marketing and finance placing in the top 5% nationwide. Marketing was ranked No. 21 out of 416 programs, and finance was ranked the nation's 23rd most focused program. Accounting was ranked No. 33 out of 623 programs. Entrepreneurship ranked No. 9 out of 57 programs. The rankings are based on 11 factors of quality and do not involve subjective data.

Mona Hanna-Attisha awarded Elon’s entrepreneurial medal

ediatrician, scientist and activist Mona Hanna-Attisha, who played an integral role in uncovering the Flint water crisis and leading recovery efforts, received the Elon University Medal for Entrepreneurial Leadership in a ceremony on April 17. Hanna-Attisha was honored for her role in exposing the water crisis in the Michigan town, and her advocacy for the protection and safety of children. She founded and directs the Pediatric Public Health Initiative, a model program to help children impacted by the water crisis grow up healthy and strong. She also authored “What the Eyes Don’t See,” a book about the Flint crisis, as well as other instances of environmental injustices. The medal recognizes an individual who is a leader in his or her industry and who exemplifies the values of Elon University — integrity, innovation and creativity; passion for lifelong learning; and a commitment to building a dynamic community. “The power of her work is measured in the ripple it produced,” President Connie Ledoux Book said before presenting Hanna-Attisha with the award. “This is what courage and commitment to change look like.” The award is sponsored by the Doherty Center for Creativity, Innovation and Entrepreneurship and the Martha and Spencer Love School of Business.

Elon MBA named a Top 10 ‘best administered’ program

he Princeton Review ranked the Elon MBA the nation’s No. 8 “best administered” business program and included Elon among the top business schools in the Southeast in its 2019 edition of the “Best Business Schools.” The annual guide of top graduate

business programs is based on data provided by schools and a survey of 18,400 business school students and administrators across the nation. According to Robert Franek, editor-in-chief at The Princeton Review, “We recommend Elon

University’s Martha and Spencer Love School of Business as one of the best to earn an MBA. We chose the 252 on-campus MBA program schools on this list based on our high regard for their academics and our assessment of institutional data we collect from the schools.”

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COMPETITIONS & PRESENTATIONS EXTERNAL COMPETITIONS

Economics Vitaliy Strohush and Brandon Sheridan.

Beta Alpha Psi Annual Meeting

Melanie Intriago ’19 worked on an international collegiate team on a case focused on charity organization Soles4Souls.

Victoria Simpkins ’19 was part of the first-place team in the Project Run With It competition, which exposes students to real-world consulting projects.

Collegiate Ethics Case Competition Connor Dwyer ’19 and Dan Brekus ’20 placed second in the Central Region division for an artificial intelligence-related business case at the University of Arizona. Christy Benson, associate professor of business law, mentored the team.

Fifth District Regional College Fed Challenge

John Caples ’19, Zachary Lahey ’19, Monika Znosko ’19, Zachary Heinle ’20, Gregory Holler ’20 and Kathryn Pierson ’20 analyzed economic conditions and recommended a course for monetary policy. They were mentored by Assistant Professors of

Beta Alpha Psi Meeting

X-Culture Competition

International Collegiate Sales Competition The team of Ashley Follenweider ’19 and Jamie Malugen ’19 finished fifth overall. Follenweider individually ranked No. 5 out of 160 competitors and placed in the Top 10 for the speed selling event. Malugen ranked No. 40 overall. They were coached by Assistant Professor of Marketing Nawar Chaker, Instructor in Marketing Rob Elbitar and sales team members Sheefali Kavthankar ’19, Jimmy Longo ’19, Caroline McGranahan ’19, Ben Nelson ’19 and Sydney Melet ’21.

Business Strategy Challenge Zach Thiele ’19, Amanda Bryant ’20, Bailee Castillo ’20 and Christian Rowe ’20 produced an actionable plan for the American Cancer

Society to attract more volunteers nationwide in the competition hosted by Georgetown University. Pat Bell, lecturer in management, mentored the team.

Templeton Business Ethics Case Competition Connor Dwyer ’19 and Sabrina Ramos ’19 placed fourth in the competition, hosted by Stetson University, for a case centered on the gender diversity gap on corporate boards in Pennsylvania. They were mentored by Pat Bell.

CFA Institute Research Challenge Under the mentorship of Associate Professor of Finance Raj Gupta, John Carroll ’19, Christopher Folsom ’19, Tanisha Gupta ’19, Zachary Lahey ’19 and Emma Ott ’19 assumed the role of research analysts in the local CFA Institute Research Challenge.

AMA Triangle Marketing Jam Ben Nelson ’19, Jillian Eder ’21, Rani Hecht ’21, Megan Muller ’21, Kaitlyn O’Donnell ’21,

Tara Petrillo ’21 and AnitaLotti Harkov ’22 joined peers from other North Carolina universities to address food allergy awareness in the competition sponsored by the American Marketing Association’s Triangle professional chapter. Petrillo was a member of the winning team.

McGill Management International Case Competition Emily Fasth ’19, Tanisha Gupta ’19, Hannah Quinlan ’19 and Joey Abrams ’20 represented the U.S., winning third place in the competition focused on globalization, innovation and multidisciplinary thinking. The team developed an international expansion plan for BonLook. Christy Benson served as the team’s mentor.

Diamond Dollars Case Competition Kyle Sarazin ’19, Mark Scola ’19, Nicholas Rossini ’20, Daniel Shiff ’21 and Daniel Tucker ’21 represented Elon in the event hosted by the Society for American Baseball Research.

“Participating in PRWI allowed me to briefly examine the current problems facing state CPA associations as I was tasked with finding solutions specifically for the Maryland Association of CPAs. It was a great experience to work with students who will affect the accounting profession all over the country and internationally.” —Victoria Simpkins ’19, first place team member

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McGill Management International Case Competition

Templeton Business Ethics Case Competition Beta Alpha Psi Southeast Regional Meeting

National Collegiate Sales Competition

Elon’s Lambda Xi chapter of Beta Alpha Psi placed first in the Best Practices “Roots” category. Sophia Mancini ’19, Jake O’Brien ’19, Kaitlyn Tomaino ’19 and Christian Carme ’20 presented how the chapter fosters lifelong ethical, social and public responsibility among its members. Patty Cox, assistant professor of accounting, serves as the chapter’s advisor.

Sheefali Kavthankar ’19 and Alex Thompson ’19 role-played as Gartner sales professionals in the event hosted by Kennesaw State University. They were coached by Jenna Barone ’19, Steven Berke ’20, Rob Elbitar and Nawar Chaker.

Carolinas Student Society for Human Resource Management Case Competition Connor Dwyer ’19, Sal Fazio ’19, Jaime Kellinger ’19 and Sabrina Ramos ’19 analyzed a client’s human resource issues and presented a recommended course of action during the event hosted by East Carolina University. The team was mentored by Brian Lyons, associate professor of management, and Brittany Mercado, assistant professor of management.

GMAT “Think Like an Entrepreneur” Competition Charlie Peck ’19 was one of four first-prize winners for his innovation, Solar Cloak, in the GMAT competition, which tasked students with crafting a solution to a social cause of interest.

Business Analytics Competition Fabio Brigagão ’19, Thomas Gow ’19, Carli Miller ’19 and Annik Westermann ’19 won the international competition hosted by Manhattan College. Mentored by Assistant Professor of Management Information Systems Mostafa Mesgari, the team analyzed

and visualized data about New York’s energy consumption and presented insights regarding the state’s goal for renewable energy.

INTERNAL COMPETITIONS Elon Champion Analytics Challenge In partnership with HanesBrands, the Center for Organizational Analytics hosted the second annual challenge. Using Google Analytics data, product attributes, location information and Hanes.com customer reviews, teams analyzed a problem and presented recommendations to a panel of HanesBrands executives. The winning team, advised by Mostafa Mesgari, comprised Fabio Brigagão ’19, management (business analytics); Brendan Hawkins ’19, information science; and Alejandro Ramos ’19, strategic communications.

Elon Champion Analytics Challenge

Elon MBA Case Competition Forty-four Elon MBA candidates completed the program’s capstone event, analyzing the case of a small winery and examining the financial ramifications of expansion. Thomas Fitzgerald G’19, Morgan Hood G’19, Bradley Knesel G’19 and Joe Ward ’15 G’19 won the competition.

Amica Elon Sales Challenge Amica Mutual Insurance Company and the Chandler Family Professional Sales Center hosted the event for Elon students to develop their professional selling skills. The team of strategic communications majors Stefanie Milovic ’19 and Janay Tyson ’19 placed first, and Max Pivonka ’19, a finance and marketing double major, and Ben Nelson ’19, a marketing major, were the runners-up.

"The competition allowed us to solve a real-world problem through utilizing techniques and lessons we learned in class. A combination of analytics, project management and presentation skills were the key success factors of our work. This was by far one of the best learning experiences of my college career." — Fabio Brigagão ’19, first place team member

Business Analytics Competition

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COMPETITIONS & PRESENTATIONS Elon Stock Pitch Competition The William Garrard Reed Finance Center hosted its inaugural Stock Pitch Competition involving an analysis and valuation of a company. Winners Greg Giannantonio ’20 and Robert Lucas ’20 will represent Elon in the University of Michigan’s stock pitch contest in fall 2019.

Elon Innovation Challenge The Doherty Center for Creativity, Innovation and

Entrepreneurship hosted more than 100 students from a variety of majors, addressing how to reduce, repurpose and/or manage the amount of packaging waste on Elon’s campus. Using design thinking, teams created products, services and campaigns to address this problem. Anna Cosentino ’19 and Max Pivonka ’19 won Best Innovation for “Gsoogle,” a delivery packaging recycle and reuse center for Elon’s student mail room.

CFA Institute Research Challenge Elon Student Undergraduate Research Forum

“Reexamining the Demand for Human Resource Certification in the United States” Jenna Bayer ’19 (mentor: Brian Lyons) “Ethical Decision Making: Corporate Leadership in the Wealth Management Industry and Their Ethical Responsibility to Investors” Alec Bijou ’19 (mentor: Jay O’Toole) “The Impact of Political Protests on National Football League Television Ratings” Judah Brown ’19 (mentor: Brandon Sheridan)

“The Impact of Water Quality on the Value and Size of the Blue Crab Fishery in the Chesapeake Bay” Jacob Crouse ’19 (mentor: Brooks Depro) “Examining the Influence of Organizational Cultural Values on Employees’ Organizational Citizenship Behavior” Chloé Dardenne ’19 (mentor: Brittany Mercado) “Are Accounting Misstatements Contagious?: An Examination of Accounting Violation Trends in the Manufacturing Industry” Michael Dwyer ’19 (mentor: Kristin Roland)

PRESENTATIONS Eastern Economic Association’s 45th annual meeting Judah Brown ’19, Carson Fawzi ’19, Michaela Fogarty ’19, Kira Hughes ’19, Camille Kelley ’19, Luz Regina Mendoza ’19, Hannah Quinlan ’19 and Katelyn Roache ’19 participated as undergraduate session chairs, research presenters and paper discussants. Quinlan was also undergraduate conference director. Economics professors were mentors.

National Conference on Undergraduate Research Judah Brown ’19 presented his thesis, “The Impact of Political Protests on NFL Television Ratings.” Brandon Sheridan served as his mentor.

Society for Industrial and Organizational Psychology Conference Jenna Bayer ’19, Roxanna Wood ’19 and advisor Associate Professor Brian Lyons presented “Reexamining the base rate of demand for HR certifications in the United States."

"This opportunity allowed me to enhance my research, quantitative and presentation skills, which I know will be transferable to my future career. After many long days and late nights spent in KoBC, I am proud to have been part of such a hard-working team from the LSB.” — Emma Ott ’19

“The Effects of Dispensaries on Surrounding Real Estate Values” Carson Fawzi ’19 (mentor: Tonmoy Islam)

“Understanding Job-Hopping Motives Across Cultures and Personality Traits” Charlotte Jaecker ’19 (mentor: Robert Moorman)

“Impacts of Contraception on Women’s DecisionMaking Power in Indonesia” Michaela Fogarty ’19 (mentor: Steve DeLoach) Published in Illinois Wesleyan University's Undergraduate Economics Review

“The Gender Gap in STEM Fields: Female STEM Student Attrition” Camille Kelley ’19 (mentor: Katy Rouse) Received Elon's Best Economics Thesis Award

“Exploring the External Complexities of Reducing the Line at Mail Services” Christian Frey ’19 (mentor: Sean McMahon)

“The Effects of Mental Health on Academic Achievement of College Students” Erin Kelly ’19 (mentor: Katy Rouse) “A Genetic Algorithmic Approach to Statistical Arbitrage Strategies” Zachary Lahey (mentor: Adam Aiken)

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imagined. One of the many reasons I chose to major in finance was because I didn’t picture it being a creative major, but I quickly realized that creativity is at the very core of business from navigating relationships to strategizing solutions for complex problems. I learned that there is not one solution to any problem; while there may be one answer for every formula, there are many formulas for every answer.

TANISHA GUPTA ’19 Hometown: Chapel Hill, North Carolina Major: Finance Minor: Accounting What is the biggest lesson you gained from studying business? I initially pursued business thinking it was black and white. I was surprised to discover that it is everything but that; it is more colorful than I could have

“The Future of A.I. and Its Implications Regarding People’s Behavior Towards This Emerging Technology” Yann Martail ’19 (mentor: Jay O’Toole) “The Impact of Village Loan and Savings Associations (VSLAs) on South Sudanese Refugees and Ugandan Citizens in Northern Uganda” Luz R. Mendoza ’19 (mentor: Steve DeLoach) “The Impact of Venture Capital Funding Patterns on Innovation and Success” Clarence Mourot ’19 (mentor: Kate Upton) “Country-of-Origin Effects: The Case of France” Alice Perseval ’19 (mentor: Lawrence Garber)

What has surprised you most about majoring in business? In business, it is easy to become consumed by the numbers and lose sight of the narrative. Prior to my undergraduate coursework, I assumed that business was heavily quantitative, but was surprised to discover how qualitative it really is. Business requires taking numbers and illustrating the analyses through stories. I realized that the numbers are useless if you cannot weave them into a compelling story.

“An Analysis of the Relationship between Obesity and Income” Rodrigo Pires ’19 (mentor: Mark Kurt) “Social Media Usage in Inside Business-to-Business Lead-Generation Efforts: A Qualitative Analysis” Max Pivonka ’19 (mentor: Nawar Chaker) “Effects of the JOBS Act on IPOs of Biotechnology and Pharmaceutical Firms in the U.S.” Anthony Potenza ’19 (mentor: Margarita Kaprielyan) “The Relationship Between Education, Experience, and Political Productivity” Hannah Quinlan ’19 (mentor: Vitaliy Strohush)

What have you been doing since graduation? I’m working as an investment banking analyst in the Healthcare Group at Credit Suisse (New York). Elon Activities • Financial Management Association – president • McGill Management International Case Competition – team leader • CFA Institute Research Challenge – team member • College Fed Challenge – team member • The “It Takes a Village” Project – volunteer teacher • Residence Life – Business Living Learning Community ambassador • Zeta Tau Alpha Women’s Fraternity – member • Business Fellow • Phi Kappa Phi Honor Society • Beta Gamma Sigma Honor Society • Phi Eta Sigma National Honor Society • LSB Honor Roll for Social Responsibility

“The Effects of Micro-Insurance on the Poor’s Ability to Smooth Consumption” Katelyn Roache ’19 (mentor: Steve DeLoach) “The Effect of a Dimorphic Response to a Cute Stimulus on Consumer Perception, Liking, and Purchase Intent” Sophie Scharrer ’19 (mentor: Lawrence Garber) “How Strategic Positioning Influences the Commercial Success of Creative Performances” Tiphaine Soller ’19 (mentor: Jay O’Toole) “The Effects of Divorce on Parental Investment and Children’s Later Life Outcomes” Morgan Valeo ’19 (mentor: Katy Rouse) “

Learning from Machines: A Closer Look at Supply Chain Agility in the Era of The Internet of Things” Annik Westermann ’19 (mentor: Haya Ajjan) “Not all Work Sample Tests are Created Equal: Investigating the Impact of Test Fidelity on the Predictive Validity of Work Sample Tests” Roxanna Wood ’19 (mentor: Brian Lyons)

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GLOBAL ENGAGEMENT During the 2018-19 year, 687 business majors participated in Study Abroad or Study USA programs. Argentina Australia Austria Bahamas Barbados Belgium Brazil Cambodia Canada China Costa Rica Czech Republic Denmark Dominican Republic England France Germany Ghana Greece Hungary India Ireland Israel Italy Jamaica Japan Morocco New Zealand

Nigeria Panama Peru Portugal Senegal Singapore South Africa South Korea Spain Sri Lanka Thailand Turks and Caicos United Arab Emirates Vietnam U.S. LOCATIONS Birmingham, Alabama Bristol, Connecticut Hilo, Honolulu, Kauai and Kona, Hawaii Los Angeles New York City Orlando, Tampa and Vero Beach, Florida Park City, Utah San Francisco

“The culture and the people of Saigon radiate an emotional connection and pride to their history and family that was demonstrated in each business we visited.” – Katy Coleman G’19 MBA International Business

Bristol New York City

Park City

San Francisco

Los Angeles Birmingham Kauai Honolulu Kona

Hilo

Orlando Tampa

Vero Beach

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“The optimism with which Israeli businesses operate was truly inspiring for developing an entrepreneurial mindset in a global context.” – Joe Rodri ’21 Innovation in Israel: Start-Up Nation

“Forcing myself to be completely immersed in new surroundings, from the food to learning Mandarin to interacting with local people, was so beneficial to my personal growth. It taught me how to be more flexible and open minded.” – Hannah Kenny ’20 LSB Center Abroad in Shanghai

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WHERE IS THE CLASS OF 2019? Organizations 321Launch Accenture ADP Alarm.com Albatross Financial Services ALKU American International Group Amica Mutual Insurance Aninver AT&T AXA Advisors Bain Capital Bank of America Barnum Financial Group Bates White BB&T BDO Bella Collina Mansion BlackRock Bloomberg Bloussou Studios BMO Global Asset Management Boston Properties The Bozzuto Group Brighthouse Financial Brightlingsea Regent FC Bull City Talent Group C-Shift Consulting Cambridge Associates Capco Carvath Swaine & Moore Champion Title & Settlements Charles Aris Inc. Charles River Development Chess Consulting Citigroup Citizens Bank

Coleman Research Group Consolidated Waste Services of the Triad Conway National Bank Costar Credit Suisse Crooked Creek Ranch – A Young Life camp D&A Communications Darktrace Datadog Dell EMC Deloitte Depository Trust and Clearing Corp. Diamond Solutions LLC Discover Financial Services Dumond Chemicals Inc. Ecochlor Inc. Ecolab Inc. Edward Jones Elon University Empire Merchants Everbridge Experian EY FactSet Fannie Mae Farmington Country Club Federal Reserve Bank of Richmond Ferguson Enterprises First Republic Bank Gartner Global Bankers Insurance Group Goldman Sachs Google Grabber & Sons

JUDAH BROWN ’19

Hometown: Middletown, New Jersey (first-generation American born to Liberian parents) Major: Economics Minor: Accounting Why economics? I had an interest in politics and math coming out of high school, so I wanted to find a major that married the two. I found economics to be the best fit for

Greenspring Associates Guidepoint Healthcare Consultancy Group Horizon Media IBM ICR IHS Markit IMGN Media In Record Time Insight Global Intersection Co. INTL FCStone Inc. JCDecaux Group Jefferies LLC Jellyfish Marketing John Hancock Financial Services JPMorgan Chase & Co. Kambi Group Ketchum KeyBank Kohl’s KPMG Lake Hickory Country Club Liberty Mutual Liberty Oilfield Services Loomis, Sayles & Co. L’Oréal LVI Associates M&T Bank Corp. Marina Maher Communications Markley Group MedCall Advisors Mercy Hill Church Merrill Lynch Microsoft Middlesex Savings Bank Milwaukee Brewers

New York Presbyterian Hospital Newell Brands Nomura Group Nordstrom Inc. Northrop Grumman Northwestern Mutual O’Grady’s Landscape OMD Worldwide Oracle NetSuite Otis Elevator Paycom Pella Windows and Doors PennyMac Loan Services PepsiCo Personae Consilium Phillips 66 Plante Moran PNC Financial Services Group Inc. Prysmian Group PTC PURE Grips PwC Quotient Technology Inc. Red Hat Red Ventures Resy Network Inc. R/GA ROI Revolution RSM RTI International Rue Gilt Groupe Salsify Santee Cooper SAS Saw Mill Club Seattle Mariners SEI

that. My mother also noted that I had a keen interest in statistics as a hobby, so she pushed me toward the statistics field as well. Econ classes such as Econometrics have helped me develop my formal understanding of statistics. How has the Love School of Business prepared you for your future career? The LSB has provided me with practical hard and soft skills that I can take with me to the workforce. The Principles of Economics and Economic Consulting courses gave me a robust experience of working with Stata. The Computerized Financial Accounting class gave me a working knowledge of QuickBooks. The Business Communication course helped me refine my professionalism. What have you enjoyed the most about being an LSB student? The faculty have all been extremely helpful in developing my academic interests. I know that I can go to virtually any professor in the LSB and be able to talk with and gain insight from them.

The Select Group Sentinel Benefits Group Inc. Sherwin-Williams SiliconANGLE Media Skoda Minotti Steward Partners Global Advisory Sun Life Financial Synergetics Installations Worldwide Synovus Bank T. Rowe Price ThirdEye Labs TIAA The TJX Cos. TOMY International Tower Engineering Professionals Tradition Golf Club at Wallingford Tresata Triage Consulting Group Trillium Trader UCB Biosciences United States Marine Corps Univar Solutions UPS Valero Energy Corp. Vanguard Venture for America Veracode Volkswagen Group of America Voyager Therapeutics The Wall Street Journal The Walt Disney Co. Wayfair Wells Fargo Welltower Inc.

Whittier Trust William Blair & Co. LLC YETI Graduate Schools American University Boston University School of Law Columbia Law School Cornell University Duke University East Carolina University Brody School of Medicine Elon University Gardner-Webb University Hult International Business School Kennesaw State University Lenoir-Rhyne University North Carolina Agricultural & Technical State University North Carolina State University Penn State Law Pfeiffer University Sam Houston State University SHMS Swiss Hotel Management School Southeastern Baptist Theological Seminary Syracuse University Syracuse University College of Law University of Notre Dame University of Texas University Studies Abroad Consortium Wake Forest University William & Mary

What have you been doing since graduation? In August I began work as an internal audit analyst at AIG in Charlotte, North Carolina. Elon Activities • Kappa Alpha Psi Fraternity, Inc. member • Honors Fellow • Pi Gamma Mu, North Carolina Alpha chapter • Omicron Delta Epsilon, North Carolina Pi chapter • Service work with the Steinbruck Center and International Rescue Committee • Elon Black Student Union – vice president of finances • Elon Phillips-Perry Black Excellence Award recipient • Residence Life – resident assistant/ apartment manager • Presented thesis at the Eastern Economic Association annual meeting, National Conference on Undergraduate Research and Elon's Spring Undergraduate Research Forum

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ALUMNI OF EXCELLENCE DISTINGUISHED ALUMNI OF THE YEAR Presented during Homecoming weekend, these awards recognize alumni who have distinguished themselves in a profession and in the community and brought honor to Elon. David Stevens ’81 Mid-South division president, SunTrust Banks, Inc. Jill Rose ’00 Senior director and general manager of midmarket, PayPal North America

TOP 10 UNDER 10

ELON BLACK ALUMNI NETWORK AWARDS

These awards honor alumni who have graduated within the past decade and who are distinguished in their professions and invested in the future of Elon. Wyn Ferrell and Tyler Marenyi were among the alumni recognized during the April program.

The Elon Black Alumni Network honors individuals who have made an impact on the university and the greater community at a special ceremony during Homecoming weekend.

EBAN Distinguished Young Alumna Award Durice White Galloway ’09 MBA’14 Senior executive director of alumni engagement, University of CaliforniaSan Diego

Wyn Ferrell Jr. ’09 Owner, Mile High Spirits Distillery and Tasting Bar

Tyler Marenyi ’13 (NGHTMRE) DJ and electronic dance music producer

AMERICAN BANKER’S “MOST POWERFUL WOMEN: NEXT” April Frazer ‘03 Managing director, head of banks – financial institutions corporate & investment banking team, Wells Fargo Frazer was one of 15 women in banking included in the list, which aims to highlight high-achieving women in the leadership pipeline who are age 40 and under.

Gail Fonville Parker ’70 Distinguished Alumna Award Zaire Miller McCoy ’02 Associate vice president for enrollment and dean of admission, Rollins College

FRANK W. TAUSSIG ARTICLE AWARD Austin Martin ’18 J.D. candidate, George Washington University Law School Martin received the award from Omicron Delta Epsilon for his thesis, “Exploring the Effect of International Wage Differences on Brain Drain.”

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FACULTY & STAFF NEWS

Haya Ajjan, associate professor of management information systems, was selected as the first Sheldon and Christine Gordon Professor in Entrepreneurship and Faculty Fellow for Innovation. Ajjan will work to infuse an entrepreneurial spirit and foster creative thinking across campus.

Brian Lyons, associate professor of management, received a 2018 Emerald Literati Award for his co-authored article, “On the effectiveness of peer reporting policies.” The Journal of Managerial Psychology recognized the article as one of the most impressive pieces it published in 2017.

Susan Anderson, professor of accounting,

Stacy Outlaw, director of under graduate programs, received the 2019 Janice Ratliff Community Service Award for her contributions to Elon’s black student community. She received the award at the 26th annual Phillips-Perry Black Excellence Awards in April.

was named to Poets & Quants’ Top 50 Undergraduate Professors list for 2018. The business education news outlet highlighted Anderson for her servicelearning approach involving students preparing tax returns for local citizens, as well as her passion for inspiring curiosity inside the classroom.

Mark Courtright, lecturer in management, received the 2018 Delta Sigma Pi Chapter Advisor of the Year for the Mid-Atlantic Region. The award honors a collegiate chapter advisor who excelled in service to the business fraternity.

Raghu Tadepalli, dean of the Martha and Spencer Love School of Business, was chosen as the 2019 Beta Alpha Psi Outstanding Dean. The organization honored the dean for his support of Elon’s chapter and leadership to the Love School of Business.

Steve DeLoach, professor of economics and chair of the Department of Economics, will serve as the Martha and Spencer Love Term Professor of Business, established by a gift from The Martha and Spencer Love Foundation. DeLoach will work to support a richer culture of faculty scholarship within the school.

Kate Upton, assistant professor of finance, was appointed director of the William Garrard Reed Finance Center. In this role, she manages technology and data resources for students and faculty, organizes professional development opportunities for students and engages finance alumni.

Nicole Filippo, communications manager, was recognized as Planner of the Year by Meeting Professionals International-Carolinas Chapter for her leadership and excellence in the meeting planning profession and her dedication, commitment and involvement in the meetings industry.

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NEW FULL-TIME FACULTY Prachi Gala

Assistant professor of marketing Ph.D., University of Mississippi Scholarly interests: Marketing strategy, marketing-management interface, top management team, composition, compensation

Jay O’Toole

Assistant professor of strategic management

FACULTY RETIREES Bill Burpitt

Professor of management Joined Elon: 2002 At Elon: He served as associate dean for graduate and executive programs from 2011 to 2017. Under his leadership, the MBA program opened a satellite campus in Research Triangle Park, developed a JD/ MBA program in partnership with Elon Law and established the M.S. in Management program. He also taught strategic management at the undergraduate and graduate levels. Advice: “Pay attention to the little things. However grand, the best plans for work or for life will succeed or fail because of the little things.”

Ph.D., University of Wisconsin Scholarly interests: Entrepreneurship, innovation, teams, pedagogy, ethics

Matthew Perrigino

Assistant professor of management Ph.D., Purdue University Scholarly interests: Work-family interface and multilevel theory

Susan Manring

Associate professor of management Joined Elon: 1996 At Elon: She served as chair of the Department of Management and Entrepreneurship from 2011 to 2015, university faculty ombudsperson, LSB coordinator for the UN-PRME initiative and a faculty sustainability scholar. In 2009, she received the Dean’s Award for Exemplary Service. She taught management and organizational behavior and sustainable development undergraduate courses. In five years: “I would like for the LSB to be a university leader in interdisciplinary studies and experiential education in sustainable enterprise management.”

DEAN’S AWARDS Faculty and staff members were honored April 23 during the Love School of Business annual awards program for achievement and service. The Dean’s Awards recipients were: Excellence in Teaching: Casey DiRienzo, professor of economics, and Danny Lanier, assistant professor of accounting | Excellence in Scholarship: Adam Aiken, assistant professor of finance, and Andrew Greenland, assistant professor of economics | Exemplary Service – Faculty: Patty Cox, assistant professor of accounting, and Brian Lyons, associate professor of management | Exemplary Service – Staff: Jan Pagoria, director of internships, and Kim Phipps ’90, program assistant.

MA R T H A A N D S P E N C E R LO V E S C H O O L O F B U S I N E S S

YEAR IN REVIEW

SEPTEMBER Beta Alpha Psi initiated 23 members.

1 | More than 50 students networked with employers at the Sales Meet and Greet, cohosted by the Chandler Family Professional Sales Center and Student Professional Development Center. The William Garrard Reed Finance Center and Porter Family Professional Development Center partnered to host Elon’s first Mock Super Day. Eighteen students participated in a simulated superday experience that included traditional, behavioral and technical interviews with Elon Parents Council members and Department of Finance faculty.

John Replogle P’18, partner at One Better Venture and former CEO of Seventh Generation, discussed strategic management and his selfidentified components to successful leadership with seniors as part of the Lessons from Leaders series.

OCTOBER Sixty-five students developed their networking and interview skills at the Love School of Business’ Sophomore Success career development event. 2 | Junior Business Fellows traveled to New York to network with employers, explore industries and gain recruitment insights. The fellows visited several companies including Omnicom, Bloomberg, BlackRock, Rockefeller Group, NASDAQ and Richard Bernstein.

3 | PropertyRoom.com CEO Andrew Nash P’20 discussed career trajectory and insights with seniors as part of the Lessons from Leaders series.

NOVEMBER Dan Ford ’18, Credit Suisse; Michael Guadagnino ’18, Citizens Bank; Leo Moran ’18, Credit Suisse; Kelly Porter ’18, PwC; and Nicole Resetar ’18, EY; provided advice to current students as part of the Finance Young Alumni Panel Discussion hosted by the William Garrard Reed Finance Center. 4 | Hint Inc. founder and CEO Kara Goldin detailed her path to success during the C. Ashton Newhall Endowed Lecture hosted by the Doherty Center for Creativity, Innovation and Entrepreneurship.

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The Department of Accounting hosted 117 CPAs during its 20th annual Continuing Professional Education Seminar.

6 | Ashok Kumar Mirpuri, Singapore’s ambassador to the United States, spoke to students about Singapore’s place in the global economy.

for local community members, totaling 560 service hours.

Jenny Adams ’12, Marketo; Lindsay Richardson ’12, Growth Geeks & Workify; and Laura Beckstead ’14, Salesforce; discussed their career path and shared insights with students during the Sales Alumni Panel hosted by the Chandler Family Professional Sales Center.

John Humphrey P’18, former chief financial officer of Roper Technologies, discussed the CFO role including what skills are necessary to succeed and what career paths can lead to the role.

The Department of Accounting and Student Professional Development Center cohosted Meet the Firms night for accounting students and employers.

Thirty-three students joined Sigma Iota Epsilon.

FEBRUARY 5 | Jeff Williams P’19, chief operations officer at Apple, talked about his career path and his time at Apple.

The Chandler Family Professional Sales Center and Student Professional Development Center co-hosted the Sales Meet and Greet, connecting students across 13 majors with employers. As part of the Volunteer Income Tax Assistance program, 40 students obtained IRS-certification and, under the guidance of Professor of Accounting Susan Anderson, prepared free basic tax returns

Beta Alpha Psi initiated 11 students.

MARCH North American retail pioneer Stephen Bebis P’22 discussed strategy and leadership with seniors as part of the Lessons from Leaders series. Elon SAS Analytics Day focused on the role of big data in technology, higher education and commerce. Sponsored by SAS Institute Inc., the Elon Center for Organizational Analytics and the Department

of Mathematics and Statistics, the event included sessions presented by John Barnshaw, associate vice president for research and statistics at Ad Astra Information Systems; Brett Wujek, principal data scientist in the artificial intelligence and machine learning research and development division at SAS; and Adam Gill ’16, senior consultant at EY. 7 | As part of the Chandler Family Professional Sales Center Speaker Series, Bill Nahmias, managing vice president of sales productivity programs at Gartner, spoke about the value of utilizing analytics to boost effectiveness in today’s evolving sales industry.

MA R T H A A N D S P E N C E R LO V E S C H O O L O F B U S I N E S S

YEAR IN REVIEW 9

APRIL

8 | The Love School of Business and Center for Organizational Analytics brought more than 70 professionals, faculty and students together for the Elon Business Analytics Conference held at SAS in Cary, N.C. Theresa Kushner, Business Data Leadership; Neil Biehn, Siemens Healthineers; Vin Vashishta, Pocket Recruiter; Stephen Blackwelder, Duke Health; and Christian Cosner, Citi; shared insights including how to build a data science team, drive analytical innovation in companies and effectively use predictive analytics.

The Doherty Center for Creativity, Innovation and Entrepreneurship hosted W.E. Do! We Can. We Will. We Do. The conference promoted an entrepreneurial ecosystem and offered inspiration through speakers, panel discussions and roundtable conversations. Participants heard from Angela Benton, founder of NewMe Accelerator, and Sarah Keech Baucom ’06, co-founder of Girl Tribe Co. 9 | Sophomore Business Fellows learned about industries and career opportunities during company visits to Morgan Stanley, EY, Google, Ralph Lauren, charity: water and more. Shane Powers ’99 hosted

the fellows for a networking event at Credit Suisse.

11 | Beta Gamma Sigma inducted 51 undergraduates, 12 MBA/MScM/MSA candidates and four faculty members. Chapter honoree Professor of Management Bill Burpitt offered leadership lessons and advice in his keynote address. Members chose Assistant Professor of Accounting Hani Tadros as the chapter’s Professor of the Year.

Omicron Delta Epsilon inducted 13 students. Assistant Professor of Economics Brandon Sheridan delivered a keynote address about the personal and professional path that led him to Elon. Forty-three students received endowed scholarships and 23 students received academic achievement awards during the Love School of Business annual awards program.

MAY 10 | The Chandler Family Professional Sales Center hosted the Elon Sales Leadership Dinner to celebrate the sales program and honor top graduating sales students. Ashley Follenweider ’19 and Sheefali Kavthankar ’19 received the Earl D. Honeycutt Jr. Sales Leadership Award.

The Business Fellows Class of 2019 received medallions in a ceremony highlighting the cohort’s achievements. 12 | Thomas Fitzgerald G’19 received the Richard H. Behrman Award from Elon MBA faculty during the Elon MBA, Master of Science in Management and Master of Science in Accounting graduation dinner.

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SUPPORT TRANSFORMATIVE LEARNING THROUGH THE LSB ANNUAL FUND

nnual gifts from alumni, parents and friends sustain excellence in the Martha and Spencer Love School of Business. These donors enhance programs and opportunities that set our graduates apart from their peers and support the work of outstanding faculty scholars. In addition to funding scholarships for students to study at Elon, gifts play a vital role in enabling students to participate in high-impact practices such as case competitions, study abroad experiences and research. For faculty, gifts provide funds for research resources and conference presentations. Annual gifts of all sizes count as part of the Elon LEADS Campaign, a historic fundraising effort that aims to raise $250 million by May 31, 2022. To learn more or make a gift to the Love School of Business today, visit elonleads.com. For more information on supporting the Love School of Business, contact Brian Baker, associate vice president for University Advancement, at bbaker7@elon.edu or (336) 278-7453.

ADVISORY BOARDS Martha and Spencer Love School of Business Patricia Chadwick P’16 Ravengate Partners LLC Board of Advisors Chair Emma Battle P’17 MarketVigor, LLC Stephen Bebis P’22 Bigwin Group Scott Camp ’91 Atlas International Trade Group William B. Courtney Jr. ’86 P’21 Starkey Hearing Technologies Donna DeMaio P’17 P’19 Michael DeStefano P’21 Ernst & Young Jeffrey Dufficy P’15 P’17 Dufficy Enterprises, Inc. Laurence D. Forte P’15 Wells Fargo Capital Finance John S. Gaither P’09 Retired Chairman, Reichhold, Inc. Michael T. Gannaway P’01 Love School of Business, Elon University Frank Hood Kingsdown, Inc. John Humphrey P’18 Roper Technologies

Richard Kane P’16 Advent International Corporation John McCombe P’16 Richard Bernstein Advisors Sam Morreale Vision Real Estate Partners Shane Powers ’99 Credit Suisse Ryan Rate ’06 PricewaterhouseCoopers LLP Jack Ryan Jr. P’17 Rockefeller Capital Management Terri Smith ’80 P’16 P’20 MDC Derek B. Steed Glen Raven, Inc. Susan Traver P’22 BNY Mellon Grace Ueng Savvy Growth Jarvier T. Young ’08 Wells Fargo Chandler Family Professional Sales Center Bob Chandler Chandler Concrete Billy Chenault ’85 Luck Companies J. Philip Clark Brooke Davis G’12 SAS Megan Farabow ’11 ADP

Forty-three students received endowed scholarships in spring 2019.

Michael T. Gannaway P’01 Love School of Business, Elon University Jeff Schlossnagle ’97 Omnicell Doherty Center for Creativity, Innovation & Entrepreneurship Ian Baltutis ’08 Vibration Services, LLC Emma Battle P’17 MarketVigor, LLC Craig Chabon Womble Carlyle Sandridge & Rice PLLC Jason Cox Aedos Group Ashok Dinakaran A&D Real Estate Holdings Ed Doherty P’07 Doherty Enterprises Joan Doherty P’07 Doherty Enterprises Lou Anne Flanders-Stec Greensboro Chamber of Commerce Steven Friedland Elon University School of Law Steven Graven P’15 TexInnovate Elizabeth Greenberg ’14 Non-Scents Flowers Eric Henry TS Designs Lenny Jordan Lazy Hiker Brewing Company and Pitt Street Brewing Company

Dylan Ketcham '11 Barclays Investment Bank Paul Koonts Oertel, Koonts & Oertel PLLC John Maynard P’15 Tarheel Research, Ltd. Robert Neff Author, entrepreneur and business executive Bruce Nelson Reverence Farms Eleanor Reid Reid & Company, LLC Christie Soper Suncierge, Inc. Craig Stone ’90 HireNetworks, Inc. Kevin Trapani The Redwoods Group Ryan Vet ’12 Anutra Medical Department of Accounting Susan Ezekiel Cobb Ezekiel Loy & Company, P.A. Advisory Board Chair Peter Anzalone P’21 Ernst & Young James Etchells ’10 BGE/Exelon Thomas Kremer ’00 ViiV Healthcare David Miller ’06 Ernst & Young James Mitchell IV Smith Leonard PLLC Immediate Past Chair

Carl Pawsat ’08 Lincoln Financial Group Nick Roby ’07 The Siegfried Group, LLC C. Thomas Steele Jr. P’17 Pittman & Steele, PLLC Alison Upton ’06 KPMG Scott Venus ’00 Deloitte & Touche LLP Shannon Weinstein ’08 United Technologies Center for Organizational Analytics Gayle Bieler RTI’s Center for Data Science Amie Blanks Ecolab Tim Buckley ’06 Google Tom Capotosto GM Katie Gaynor Ecolab Ethan Lane Glen Raven Ben Martin Hanesbrands Inc. Art Meadows Panhandle Farmers Mutual Insurance Danny Modlin SAS Jim Parrish Carolina Biological Matt Rose Beach Re Ltd.

Martha and Spencer Love School of Business P.O. Box 398 Elon, NC 27244

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The Business Fellows Class of 2022 explored the relationship between business and culture in the United Arab Emirates during Winter Term 2019. The course, led by Assistant Professors Danny Lanier and Kate Upton, included a two-week study abroad component in Dubai and Abu Dhabi.

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