DICKE M A G A Z I N E
COLLEGE OF BUSINESS ADMINISTRATION
A LAW SCHOOL TRAINING GROUND How ONU’s Dicke College of Business Administration prepares students for careers in law
DICKE M A G A Z I N E
COLLEGE OF BUSINESS ADMINISTRATION
FALL 2013
MESSAGE FROM THE DEAN Another academic year is underway, and we recently welcomed a group of first-year students to the Dicke College of Business Administration. This freshman class, as a whole, is special and talented. The average ACT (composite) score approached 25, the average high school GPA was 3.5, and the majority of the class was in the top 30 percent of their graduating high school class. Approximately 10 members of this freshman class are presidential scholars. We also have 22 new students in our graduate program in accounting, which is in its second full year of operation.
EDITORS/WRITERS Josh Alkire Dacy Wilcox Laurie Wurth Pressel DESIGNER AB Ignite Design Inc. PHOTOGRAPHY Kenneth Colwell
Dicke Magazine is produced by the Ohio Northern University Office of Communications and Marketing and published by The James F. Dicke College of Business Administration at Ohio Northern University 525 S. Main St. Ada, Ohio 45810 419-772-2000 onu.edu
The James F. Dicke College of Business Administration prepares students to become successful business and community leaders in a changing world. The college offers nationally accredited academic programs in five majors and five related areas of study. The integration of theory and practice and ongoing mentoring opportunities are hallmarks of this outstanding academic program.
Some of these students may decide to use their business degree as a launch pad for a legal career. Our main feature story in this issue focuses on the intersection of law and business. We profile several business alumni who have become attorneys and carved out prestigious law careers. It’s nearly impossible to separate business from law, and law from business, in today’s climate. At the Dicke College of Business Administration, we not only teach students about the myriad of legal issues they may encounter as businessmen and women, but also help them develop the analytical, problem-solving and communication skills necessary for success in both fields. In this issue, we introduce you to the Roger D. Young Endowed Professorship in Accounting. Establishing an endowed professorship is a way to say “thank you” to Roger by ensuring that his legacy of teaching excellence continues. Roger was a great colleague and exceptional teacher. As the saying goes, Roger was “all in” when it came to student support. He was accessible to his students 24/7, including opening his home for one-on-one tutoring sessions. If Roger made an impact on your life, we invite you to make a gift to help us fully endow the Roger D. Young Endowed Professorship in Accounting. The alumni profile in this issue focuses on Joe Kenney, BA ’76, who is a successful entrepreneur living in Jacksonville, Fla. Like many entrepreneurs, success was not immediate, but persistence paid big dividends. Read about this fascinating individual. Also profiled in this issue is faculty member Dr. Dong Hyun Kim, assistant professor of finance. Though he has been a faculty member for just two years, he already has established a reputation with students and alumni for being a great teacher who also is a scholar. Read more in this issue about this very talented man. We hope you enjoy this issue of the Dicke Magazine. Thank you for your interest and support for your college and University. We invite you to return and visit whenever possible.
Sincerely
James W. Fenton Jr., Ph.D. Dean and professor of management j-fenton.1@onu.edu
CONTENTS 2
A Message From the Dean
4 A Law School Training Ground How ONU’s Dicke College of Business Administration Prepares Students for Careers in Law
PAGE 4
ON THE COVER
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Honoring Roger Young
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Congratulations Graduates
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The Executive Classroom
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College News and Events
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New Faculty
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Annual Scholarship Event
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Moving On and Moving Up
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Dr. Dong Hyun Kim
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Advisory Board
The Honorable Benjamin Logan BSBA ’68, JD ’72, Hon. D. ’92. Photo by William Bitzinger.
FOLLOW US
JOY MADDOX, BSBA ’84
MARCELLA LAPE, BA ’01, BSBA ’01
Washington, D.C.
Chicago, Ill.
A LAW SCHOOL
HOW ONU’S COLLEGE OF BUSINESS ADMINISTRATION PREPARES STUDENTS FOR CAREERS IN LAW WHAT ABOUT BUSINESS? Unlike medical school, there are no prerequisites for law school. So, for aspiring attorneys, choosing an undergraduate degree can be a challenge.
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Even the American Bar Association shies away from recommending a specific undergraduate path: “The ABA does not recommend any undergraduate majors or group of courses to prepare for a legal education,” its website states.
BILL ALGE, BSBA ’68, JD ’73 Findlay, Ohio
THE HONORABLE BENJAMIN LOGAN,
MEGAN MONACO, BSBA ’09 Cleveland, Ohio
BSBA ’68, JD ’72, HON. D. ’92 Grand Rapids, Mich.
TRAINING GROUND The typical prelaw majors of days past are finding less success in gaining admittance to law school. According to 2011-12 admission data supplied to U.S. News & World Report by the Law School Admission Council (LSAC), students who majored in prelaw were less likely to
be admitted to law school than those with other undergraduate majors.
(61 percent) or criminal justice (52 percent) majors.
For example, according to the LSAC, philosophy (82 percent), economics (79 percent), and journalism (76 percent) majors experienced much higher admittance rates than prelaw
Again, to quote the ABA’s website, “Any rigorous program of study, from anthropology to zoology, is considered acceptable, so feel free to pursue what interests you.”
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Ohio Northern University business graduates have heeded such advice for years, as the College of Business Administration has continuously proven to be an effective training ground for future law students and, subsequently, lawyers and judges.
Joy Maddox, BSBA ’84, is a counsel in the banking group of the Washington, D.C., firm of Skadden, Arps, Slate, Meagher & Flom. She focuses on the Uniform Commercial Code and secured transactions and places special emphasis on issues dealing with the code’s Article 8 (investment securities) and Article 9 (secured transactions). Maddox earned her BSBA, as a dual major in accounting and marketing, from Ohio Northern in 1984. She earned her JD from Georgetown University Law Center in 1987.
The benefits often first surface during the application process itself, where having a business degree could differentiate you from the beginning. “I believe that my business courses helped set me apart in the application pool when applying to law schools,” says Megan Monaco, BSBA ’09. “All schools like to see diversified student populations, and having a business background really distinguished me from all of the history and political science majors applying.” Joy Maddox, BSBA ’84, had a similar experience, one that even factored into her selection of Ohio Northern as a high school student. “A good high school friend’s father was a lawyer, and he recommended a small school because you get more of an opportunity to act one-on-one with your professors and, ultimately, for them to get to know you. So, when you need to apply to law school, they have a basis to write an honest and good evaluation about you. Whereas, if you were one of 200 students in freshman English, how would your professor really get to know you very well?” Monaco agrees. “Several – not just one – professors and faculty members were able to write thoughtful and insightful recommendation letters for me when I was applying to law school,” she says. Both Maddox and Monaco look back at their undergraduate experiences in the College
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of Business Administration with fondness, especially the close-knit community, and the accommodating ways that the college’s faculty and staff made helped its students reach their career goals. Already an accounting major at ONU, Maddox fell in love with her marketing classes. She approached her advisor, Charles Conklin, about adding a second major. “He felt that was an odd combination of majors to some extent, but once I told him about law school, he helped make it happen so I could get all my courses in and graduate,” Maddox says. “It’s an advantage of being at ONU: I really felt that my professors and advisors truly had open doors where you could talk to them about anything.” Monaco had a similar experience; she explains how the small-school atmosphere at Northern helped her take control of her own education. “I talked to the faculty and staff in the college about my desire to attend law school. My senior year, after I completed all of my accounting electives, they set up a special elective for me so I could take a law school tax course and have it count as an accounting elective.” Both women decided to earn “employable” undergraduate degrees in case their plans for law school happened to change during their undergraduate years. Maddox knew while “in early high school if not junior high school” that she wanted to attend law school, yet she still had the foresight to understand that plans can always change. “I knew that I was extremely young,” Maddox says. “I thought law school was what I wanted to do, but I also realized that, as I get more experienced and learn more, I might change my mind.
So I wanted to make sure that I had an education in something that I could go out and actually do. I wanted a marketable degree.” An accountant himself, Monaco’s father suggested accounting. “It turned out I really loved accounting, and I even obtained my CPA license during my first year at Notre Dame Law School,” she says. While Monaco has never worked long-term as a professional accountant, she did find employment at her father’s firm during breaks from ONU and during the summer before she began law school. She also spent time as a summer intern at Marathon Oil in Findlay, Ohio. “I was fortunate that, because of my CPA license and my internship experience, during my second and third year of law school I was hired as an adjunct managerial accounting professor at the University of Notre Dame Mendoza College of Business,” Monaco says. Maddox used her undergraduate degree to help make her way through law school, too. As a student at the Georgetown University Law Center, she used her background in accounting to help ensure that she could afford to attend.
its close-knit environment in which everyone seems to know everyone. “I think the theme of my connection with ONU is just the small, familylike environment that you’re in; that’s truly an intangible. I don’t know how you understand that unless you’ve lived it. Coming out of a small town, it was kind of a nice comfort level,” says William S. Alge Jr., BSBA ’68, JD ’73. “I fell in love with the campus on my first visit. I can’t really explain why; it just felt right,” says Marcella “Marcie” Lape, BA ’01, BSBA ’01. Northern Students are encouraged to follow their interests, no matter their majors. It’s the sort of environment that can provide a tremendous confidence boost to the young men and women on campus. As a result, Northern is rich with opportunities for students to find themselves and to discover their true callings. “I recognized, or at least my parents recognized, the value of being in a smaller campus setting,” Alge says. “And that, as it played out, gave me a lot of opportunities to be involved in different things on campus that I probably might not have gotten to do at a bigger school.”
“After Northern,” Maddox says, “I knew how to actually do a budget and calculate my revenues and the costs of going to school. With the combination of accounting and cost accounting courses, I could keep track of my expenses to make sure I maintained a balanced budget.”
“I benefited from the diversity that was at Northern and the confidence that Northern gave me in terms of preparing me for a career,” says Hon. Benjamin Logan II, BSBA ’68, JD ’72, Hon. D. ’92. Logan also took acting courses at Northern that helped him with his trial work later in life.
A FOCUS ON FAMILY AND OPPORTUNITY
For Lape, an interest in law developed late in her undergraduate experience. “I didn’t decide to apply to, let alone attend, law school until February of my senior year at ONU,” she says.
As many already know, Ohio Northern offers small classes and individualized attention, and the University is well-regarded for
Marcella “Marcie” Lape, BA ’01, BSBA ’01, is a litigation attorney in the Chicago office of Skadden, Arps, Slate, Meagher & Flom LLP, a leading international law firm headquartered in New York with 24 offices around the globe and more than 2,000 attorneys. Her work encompasses large-scale litigations, SEC investigations, shareholder derivative suits and pro bono work. She earned undergraduate degrees in Spanish and international business and economics from ONU in 2001. She graduated from the Ohio State University Moritz College of Law in 2004. OHIO NORTHERN UNIVERSITY — COLLEGE OF BUSINESS ADMINISTRATION
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William S. Alge Jr., BSBA ’68, JD ’73, is an attorney and partner with Snyder, Alge & Welch in Findlay, Ohio. He earned his undergraduate degree in accounting in 1968 and his JD in 1973, both from Ohio Northern. After being admitted to the Ohio and Florida bars in November 1973, Alge entered private practice in Findlay. He began in general practice but has specialized in Social Security disability law for nearly 25 years. Alge served as an acting judge in Findlay Municipal Court between 1995-2007, and has been special counsel to three different Ohio attorneys general.
As a double major in Spanish as well as international business and economics, Lape had two internships, one with Timberland in Buenos Aires, Argentina, and a second with StarMedia (a leading Internet portal for Spanish and Portuguese speaking audiences) in New York City. Even though both experiences allowed her to use her business and Spanish training, Lape sensed that something was missing. “While I enjoyed both internships,” she says, “neither provided me with the challenges I wanted in a career.” After some soul-searching and discussion with her parents, Lape discovered law. “The more research I did, and the more people I talked to, the more convinced I became that a legal career would fit my skillset and personality.” The abundance of activities at ONU with diverse groups of people can lead to success later in life. By being able to participate in so many different things, whether it’s organizing events for Homecoming, working on the yearbook, or volunteering with Habitat for Humanity, Northern students learn many things about teamwork. “I went off to work for a big firm, and for our corporate clients with complex legal issues, usually there’s a team of us working on their projects,” Maddox says. “We’re a large firm, and almost everyone is specialized in a particular area of law, so we put together the proper team and communicate to help solve a client’s problem.” The rigorous academic challenges presented in the College of Business Administration set the stage for similar tasks students encounter in law school. “Law school is hard work; there is no denying that! ONU challenged me enough to be prepared for
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that,” Monaco says. “I was used to putting in the study time and preparing for class, so the transition was less of a shock to me than some of my law school friends who went to larger public schools and could go pretty much unnoticed.” “Business – and particularly law – is a good fit for me because it provides constant challenges and learning opportunities,” Lape says. “Each time a new case comes in the door, I have the opportunity to meet new clients, learn about new companies and expand my knowledge of different areas of the law.” Lape graduated from the Ohio State University Moritz College of Law in 2004. She then worked at Baker & Hostetler LLP in Columbus for two years before taking on a one-year clerkship with Hon. Susan Harrell Black on the United States Court of Appeals for the 11th Circuit. Today, Lape is a litigation attorney in the Chicago office of Skadden, Arps, Slate, Meagher & Flom LLP.
ADVANCED TRAINING Courses taken in ONU’s College of Business Administration often serve as a precursor to topics later covered in law school. As a result, ONU’s business graduates find themselves ahead of their fellow classmates in law school classes. “While other students struggled with financial concepts in our business organization and income tax classes, to me, the classes were a brief overview of the more in-depth classes I had already taken as an undergrad,” says Monaco. “As an accounting major I took several tax classes, which forced me to learn the Internal Revenue Code,” she continues. “The ability to deconstruct the complexity of the tax code also helped me tackle and approach other statutory-
based classes like Civil Procedure and Bankruptcy.” “When I took taxes and some other business-organization law school courses, it did lend itself to having had background in business,” remembers Alge. “There were certainly some courses that I had at least a foundation for the fundamentals of in law school. And then I was able to carry that into my own private practice career.” “As a marketing major, we had to do a lot of papers and analyze fact patterns to prepare marketing case studies,” recalls Maddox. “And when you’re in law school, almost all of your exams are essays and involve analysis of some hypothetical that they put forth. You analyze the issues and apply what you know to those issues to solve them. Marketing case studies were very much like many law school exams.” “One of the most important skills law school requires is the ability to think critically – to be able to see where issues may arise, learn when more information is needed, analyze facts, and explain risks and potential outcomes,” says Lape. “My undergraduate coursework, especially my business law and economics courses, helped me to develop and hone this important skill.”
THE BUSINESS OF LAW After graduating from law school, both Logan and Alge set up private practices, Alge in Findlay, Ohio, and Logan in Grand Rapids, Mich. What they learned as accounting undergraduates stuck with them then, too, especially the financial particulars of starting their own small businesses. “My business courses prepared me for any of the accounting and business aspects of law, which are really not taught in law school,” Logan says. “Normally, the average
law student has no business training. When they come out of law school, they don’t have a clue that you have to do promotion, you have to be a PR person. You have to be an HR person because you have employees. You have to be able to market, because you have to market yourself. All those factors come into play, even in the practice of law. So as a result of my business training, that gave me a leg up in terms of moving ahead quickly in my private practice.” “My background in business proved valuable, at least in my view, in my private practice,” Alge says. “In my private practice, there are several areas where you just need that general knowledge about how business runs, about how transactions flow and how you account for things. It gave me a different comfort level than I’m sure I would have had if I didn’t have that background.” Once established as attorneys, lawyers from the College of Business Administration find numerous instances where their business backgrounds merge with their law professions. Often times, the most valuable attorneys are those who understand the financial aspects of a case. “You become a more valuable asset to your client,” explains Monaco. “Most court cases and almost all business transactions come down to, to oversimplify it, money. The lawyer who can understand the accounting or financial component and work that into a legal position is going to be more beneficial to a client than a lawyer who is only versed in the legal position.” “My practice as a corporate litigator requires me to understand the nature of my clients’ businesses, including the management and financial challenges they face,” says Lape. “Having a business background has certainly helped me meet these demands.”
Hon.
Benjamin Logan II, BSBA ’68, JD ’72, Hon. D. ’92, has served as judge of the 61st District Court in Grand Rapids, Mich., since 1989, after being elected in 1988 through a historical write-in vote, becoming the district’s first African-American judge. Prior to his election, Logan was an attorney for 16 years and senior partner for the firm of Logan & Beason, specializing in personal injury, civil rights and criminal law. He earned his undergraduate degree in accounting in 1968 and his JD in 1972, both from Ohio Northern. OHIO NORTHERN UNIVERSITY — COLLEGE OF BUSINESS ADMINISTRATION
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“The tools that ONU gave me have been very, very beneficial.”
Megan Monaco, BSBA ’09, is an associate at Jones Day in Cleveland, Ohio. Her practice focuses on the representation of private equity firms, investment firms and privately held entities in domestic and cross-border transactions, including acquisitions, divestitures, debt and equity financings, leveraged buyouts, and other strategic transactions. She also counsels clients on general corporate and business law matters. Monaco earned her BSBA from Ohio Northern in 2009 and her JD from Notre Dame Law School in 2012. She also is a Certified Public Accountant in the state of Ohio. 10
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“You could certainly see financial and business-related aspects of a problem in a greater depth that what some other counsel might,” agrees Alge. “At least I’ll always believe that.”
AN EDUCATIONAL JOURNEY OF WORTH? Without question, the businessschool-to-law-school career path has proven to be beneficial for Maddox, Logan, Alge, Monaco and Lape. In fact, all five would recommend similar plans of action to any high school student aspiring to be an attorney. “There’s so many directions you could go with a law degree,” says Alge. “I certainly don’t think anybody would be making a mistake by having a background in business. There are just so many parts of whatever you do in life that involve some business knowledge; I don’t know how it could hurt you.” Monaco agrees that a business background with a law degree opens up a world of opportunities. “I have law school friends with business backgrounds that went on to do consulting with McKinsey & Company, work in house for a corporation, work at Ernst and Young, and open up their own small firms. Several, like myself, work for global law firms handling corporate transactions.” Logan comes back to the business aspects of law practices. “Whenever you ultimately become an attorney, you’re going to need to know about business,” he says. “The practice of law is a business, and, therefore, you need business tools to become
successful. And the tools that you learn are business.” “I loved my business courses but I also loved law school and my law school courses,” says Maddox. “I always have been torn, and I think it’s why I melded the two together. If you have diverse interests, think about taking a course of study that is applicable to lots of different types of careers and jobs” At least one current ONU business student has heeded this advice. “I intend to attend law school in fall 2014 after I graduate from Northern in the spring,” says Eric Ambos, a senior management major from Botkins, Ohio. “I enjoy the level of critical thinking and analysis that goes into the problems many businesses face today. I wanted the opportunity to further take on these problems as they relate to law. Business and law are closely intertwined, and the legal issues that corporations face every day would provide me with a fast-paced and exciting opportunity to apply what I have learned in both my undergraduate and law school studies.”
CLOSING ACCOLADES Logan describes law as a gateway to success. For him, this success comes in many forms. “I’ve been chief judge here in this court for six years. I was inducted into the Hall of Fame of the National Bar Association in July 2013. I’ve met three presidents in my lifetime. I’m recorded in the congressional record. I’ve got days named after me and numerous proclamations. I’ve got 10 keys to the city around the country. “The tools that ONU gave me have been very, very beneficial.” ONU
Honoring
Roger Young “Professor Young was truly a master teacher,” says Dr. Jim Fenton, dean of the College of Business Administration. “He consistently delivered high-quality teaching in what, for most students, is considered a tough subject.” Professor Roger Young left a tremendous legacy at Ohio Northern University. And his legacy will endure through The Roger D. Young Endowed Professorship in Accounting. The Dicke College of Business Administration recently established the professorship to honor the accounting professor emeritus who inspired countless ONU students over a period of more than three decades. OHIO NORTHERN UNIVERSITY — COLLEGE OF BUSINESS ADMINISTRATION
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He was more than a professor; he was a dear friend...He was kind, patient and gentle and exhibited a tremendous warmth and sense of humor. Jeffrey Mills, BA ’72
The Roger D. Young Endowed Professorship in Accounting is the college’s first endowed professorship in accounting. The college needs to raise $1.5 million to fully endow the fund. An endowed professorship fosters teaching excellence, explains Fenton. It’s a prestigious faculty appointment with a supplement to support teaching, research and professional development needs. The supplement does not cover salary but offers an incentive above and beyond salary to enable the college to recruit a talented teacher-scholar. “We want a person to fill the endowed professorship who, first and foremost, is an exceptional teacher and, second, has a record of publishing excellent research,” says Fenton. Young joined the ONU faculty in 1964 and retired in 1998. He didn’t stay retired long; he missed the interaction with students. After eight years at Bluffton University, he returned to ONU as a visiting professor emeritus in 2008.
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During his tenure at ONU, Young garnered numerous teaching awards and won ONU’s first “Professor of the Year” award in 1975. He also served in a variety of leadership roles, including vice president of financial affairs from 1989 to 1993 and again from 2011 to 2012. Young earned the respect of his students and colleagues through his impeccable character and actions. His students were his top priority, as evidenced by these words, which he typed on the top of every course syllabus: “There is nothing more important in my academic life than your success in this class.” Possessing a witty and easygoing personality, Young accomplished the seemingly impossible: He made accounting fun. He delivered lectures peppered with amusing observations, once becoming so animated talking about FIFO and LIFO accounting techniques that he lost his balance and toppled off a platform into the lap of a young lady sitting in the front row.
“He was more than a professor; he was a dear friend,” says Jeffrey Mills, BA ’72, pastor at Parkside Church in Chagrin Falls, Ohio. “He was kind, patient and gentle and exhibited a tremendous warmth and sense of humor.” Mills recalls how Young welcomed him into his home for tutoring sessions when he missed several classes because of an athletic injury. “His actions outside the classroom provided just as powerful an example as his actions inside the classroom,” he says. “He turned students not only into competent accountants, but also into contributing human beings.” Joanne (Griffin) Lipski, ACIT ’71, BSBA ’72, ACIT ’12, a certified public accountant and member of ONU’s board of trustees, has never forgotten one piece of wisdom Young shared with her. He told her that 50 percent of her success in life would hinge on how well she could get along with people. “ONU is a teaching institution, and professor Young is the ultimate teaching professor,” she says. “Having professors like him is what sets ONU apart.” ONU
The Roger D. Young Endowed Professorship in Accounting Why?
How will the college benefit?
How can I help?
To honor Roger Young, accounting professor emeritus, and perpetuate his legacy of teaching excellence.
An endowed professorship will elevate the reputation of the college and accommodate growth in the signature program of accounting.
The college needs to raise $1.5 million to fully endow the accounting professorship. Any donation, large or small, can help the college reach its goal. If you would like to honor Roger Young and foster teaching excellence in the Dicke College of Business Adminstration, please contact Dacy Wilcox, director of development, at 419-772-4022 or d-wilcox.1@onu.edu.
What is an endowed professorship? A prestigious faculty appointment for an exceptional teacher-scholar.
How will students benefit? Highly qualified and respected professors mentor and motivate students, expose them to new opportunities and ideas, and engage them in cutting-edge research and experiential learning.
OHIO NORTHERN UNIVERSITY — COLLEGE OF BUSINESS ADMINISTRATION
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Congratulations G The James F. Dicke College of Business Administration
Aliaksandra S. Bolotova
Jason P. Faykosh
Julie L. James
Kelsey L. Bryan
Melissa S. Florio
Ashley N. Johansen
Class of 2013
Jordan D. Buchanan
Casey R. Adamcik Perrysburg, OH Marketing
Maria C. Aldana Cardenas
McComb, OH Accounting
Goshen, OH Pharmaceutical Business
Patrick M. Collins Cincinnati, OH Finance
Ronald W. Coon
Pemberville, OH Management
Graytown, OH Marketing
Chelsea M. Fox New Carlisle, OH Marketing
Joseph A. Frank
Gahanna, OH Pharmaceutical Business
David J. Gerdeman
Ada, OH Management
McComb, OH Master of Professional Practice in Accounting
Leipsic, OH Accounting
John T. Atkinson
Ann M. Densmore
Fostoria Management
Olmstead Falls, OH Finance
Andrew G. Bashore Van Wert, OH Accounting
Jason P. Beougher
Hilliard, OH Pharmaceutical Business
Thomas B. Black Columbus, OH Management
Kevin L. Blessinger Brownsburg, IN Accounting
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Broadview Heights, OH Pharmaceutical Business
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Tecumseh, MI Accounting
Natalie J. Derifaj
Amherst, OH Pharmaceutical Business
Cory C. Dobkins
Dublin, OH Master of Professional Practice in Accounting
Jonathan R. Doran Cincinnati, OH Accounting
Katelyn A. Eagle Mount Vernon, OH Marketing
Zijun Guan Brendan W. Hardin New Philadelphia, OH Finance
Kenneth E. Henault Mount Vernon, OH Finance
Aimee L. Henninger Painesville, OH Pharmaceutical Business
Caitlin R. Higgins Hanoverton, OH Accounting
Akron, OH Management
Ada, OH Master of Professional Practice in Accounting
Katelyn A. Jones Gibsonburg, OH Marketing
Samuel H. Jones Continental, OH Marketing
Richard L. Kaszar
Elyria, OH Pharmaceutical Business
Michael P. Kathary Columbus, OH Finance
Patrick A. Kellogg
Middleburg Heights, OH Accounting
Andrew G. Keriazes Springfield, OH Management
Andrew Knust Avon, CO Finance
Anne E. Kosnik
Solon, OH Pharmaceutical Business
Graduates Nicholas A. Kowalczyk
Marcus J. Mills
Phillip P. Roberts
Leslie A. Smith
Columbus, OH Accounting
Bellefontaine, OH Accounting
Lexington, KY Accounting
Greenville, OH International Business & Econ
Phillip C. Maddux
Victoria L. Moga
Mason, OH Accounting
Stow, OH Marketing
Robert D. Roll
Craig S. Sumner
Gahanna, OH Finance
Brunswick, OH International Business & Econ
Caroline D. Mangan
Meshayla R. Moyer
Nelson, OH Marketing
New Washington, OH Management
Ryan M. Sabol
Richard E. Sutherly
Lancaster, OH Management
Lima, OH Accounting
Erica M. Mausser
Evan C. Nance
Robert M. Sellers
Anna L. Swartz
London, OH Management
Vandalia, OH Pharmaceutical Business
Yoji Sera
Maegan S. Teets
Tokyo, Japon Management
Jackson Center, OH Pharmaceutical Business
Emily A. Shutt
Frank W. Thien
Lima, OH Accounting
Fort Recovery, OH Management
Matthew A. Sims
Terryn T. Turner
Novi, MI Pharmaceutical Business
Lima, OH Management
Brittany S. Sisson
Sarah E. Wilke
Ashville, OH Accounting
Hudson, OH Pharmaceutical Business
Megan M. Siwik
Chi Wo Wu
Parma Heights, OH Marketing
Macao, China Accounting
Nikolai V. Smirnov
Shelby S. Yohn
Willoughby, OH International Business & Econ
Urbana, OH Accounting
Sagamore Hills, OH Pharmaceutical Business
Max V. McClary Columbus, OH Management
Matthew S. McKean Dayton, OH Management
Andrea J. Meers Lodi, OH Master of Professional Practice in Accounting
Meron Mesfin Columbus, OH Marketing
London, OH Accounting
David X. Noltemeyer Ashville, OH Pharmaceutical Business
Jay C. Osborn Columbus, OH Management
Samuel Petion Naples, FL Management
Dana R. Pikovnik Painesville, OH Accounting
Luke R. Poppe Dublin, OH Management
Austin T. Price Tiffin, OH Accounting
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THE EXECUTIVE ELEVEN STUDENTS LEARN ABOUT LEADERSHIP IN THE WINDY CITY Executive Classroom, an innovative new course in the Dicke College of Business Administration, prepares students to lead in a changing world. “Many ONU business graduates find themselves heading up cross-functional teams after only a few years in the workforce,” says Matt Lambdin, director of experiential learning at the college. “Our graduates tend to get promoted very quickly,” he explains. “This course gets them ready for these roles.” Executive Classroom is presented through the collaboration of four professors: Lambdin; Dr. Michele Govekar, professor of management; Dr. Paul Govekar, associate professor of management; and Dr. Susan Schertzer, associate professor of marketing. Through targeted readings, class discussions, research and networking events, students explore their leadership potential. They learn about different leadership styles, the qualities of successful leaders and the paths to leadership. The course’s cornerstone is a trip to a major metropolitan area at the end of the semester, where students interact with business leaders from a variety of industries. “With a focus on ethics and 16
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leadership, Executive Classroom is different from the travel courses offered at other institutions,” says Dr. Paul Govekar. “It’s not just about making connections,” he explains. “Students are exposed to academic and real-life examples of ethical decision-making in order to understand its application as a leader on executive teams.” The course debuted this spring with 11 students – nine seniors and two juniors – enrolled. Professors invited students who had demonstrated exemplary leadership in their coursework and outside activities to participate in the course. The class met for five sessions during the semester and then traveled to Chicago from May 14 to 17 for an intense four days of meetings, networking events and cultural experiences. While in Chicago, students visited the headquarters of the Chicago Bears, JPMorgan Chase, AT&T, Deloitte, On Target Performance Group, Harbor Capital Advisors, and Cook County Hospital. Executives at each location shared sage advice on topics ranging from leadership and résumé writing to work-life balance and retirement planning.
CLASSROOM Students witnessed the downsides and upsides of living and working in a big city. They dealt with transportation problems and marveled at the city’s diversity and the fast pace of life. They sampled cultural offerings, dining at popular restaurants and taking in a Chicago Cubs game, a comedy club skit at Second City, and a theatre performance of the “Book of Mormon.” Lambdin says the visit to Chicago inspired students to not limit themselves. It gave them confidence in their ability to excel and lead in new and unfamiliar environments. A networking event with ONU alumni living and working in Chicago reinforced this message. Ann Marie Densmore, BSBA ’13, who is returning to ONU this fall to pursue a Master of Professional Practice in Accounting, says meeting with the alumni had a huge impact on her. “Hearing their stories about how they’ve come to where they are in their lives was very insightful,” she says. “I’ve realized I need to be more confident in my skills and in what I have learned.” ONU alumni played a vital role in the success of this first course, says Dr. Michele Govekar. “Without their assistance in providing meeting space, acting as presenters and enlisting other executive presenters, this highimpact learning option would have been prohibitively expensive,” she says. Lambdin says the 2014 class will return to Chicago. In future years, however, he plans to take Executive Classroom to other cities, such as Atlanta or New York, or even to an international location. He hopes to enlist ONU alumni in other locations who are willing to
host students at their business or participate in a networking event. If you are interested in helping with a future Executive Classroom course, please contact Lambdin at m-lambdin@onu.edu or 419-772-2609. ONU
G E BLO H T M FRO Students in Executive Classroom blogged about their experiences in Chicago. Here’s what they say:
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I escaped the cornfields of Ada and immersed myself in the skyscrapers of Chicago. The city of Chicago truly has something for everyone.” – Leslie Smith, BSBA ’13
Being able to interact with ONU business alumni was very beneficial. All of them were successful and impressive leaders in their respective fields, and they shared insights on how we could achieve the same success as we begin our careers.” – Ryan Sabol, BSBA ’13, first-year law student
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We increased our level of comfort with interacting in a professional environment with people who possess more experience than we do.” – Maria Camilla Aldana, BSBA ’13
I encourage all students to take advantage of this opportunity because it was worth every ounce of my energy and time.” – Terryn Turner, BSBA ’13 OHIO NORTHERN UNIVERSITY — COLLEGE OF BUSINESS ADMINISTRATION
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COLLEGE NEWS AND EVENTS competitions, and have access to career resources. “Active members get involved with some significant activities, and these become natural talking points in their first job interviews coming out of college,” says Ewing. ONU’s AMA chapter, around 25 members strong, sponsors speakers, hosts fundraisers, and engages in fun activities like cookouts and bowling. The highlight each year is a trip to the National Chapter Conference in New Orleans in the spring. Around 1,500 marketing students representing more than 200 universities attend the conference.
BUSINESS STUDENTS GET INVOLVED! Student clubs and organizations augment the learning environment in the Dicke College of Business Administration. Students who join these groups get to network with seasoned professionals, serve the community, hone leadership and teamwork skills, and test their abilities against undergraduate business students from across the country.
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ONU has a long history of garnering top honors at competitions held during the national conference. In 2012, for example, ONU won the Strategic Allocation of Business Resources (SABRE) competition, beating out teams from 35 other universities. SABRE is a market-simulation program used at the nation’s leading business schools.
AMERICAN MARKETING ASSOCIATION Advisor: Professor Randall Ewing, associate professor of marketing
ONU’s American Marketing Association (AMA) chapter exposes students to relevant experiences and education in the marketing field. Student members plan and execute collegiate chapter events, participate in marketing
In 2013, an ONU team entered the AMA trade show competition. They created and operated a mock trade exhibit that was visited by conference attendees and more than 100 faculty advisors. “This year, I want our chapter to grow not only in size, but also in the experiences that are gained from being a member,” says Michelle Seislove, a senior marketing major from Tiffin, Ohio, and 2013-14 AMA president. “I would like to add a networking event for marketing majors to help students make connections that could potentially lead them to their dream jobs.”
BETA ALPHA PSI Advisor: Matthew Phillips, assistant professor of accounting
Beta Alpha Psi (ΒΑΨ) is an international honorary organization that encourages and recognizes scholastic and professional excellence in the business information field, which includes accounting, finance and information systems. ONU’s Mu Delta Chapter provides its members with opportunities to learn from top-notch professionals and to develop their skills as leaders and team members. “It’s rewarding to see students obtain an internship and/or a full-time job as a direct result of their experiences related to ΒΑΨ,” says Phillips. ONU business students must meet certain criteria, including a GPA of 3.0 or above, to be invited to join ΒΑΨ. Approximately 25 to 30 ONU business students participate in the honor society. Each year, ΒΑΨ hosts several guest speakers, operates a weekly tutoring table for students needing extra help with accounting, and participates in community-service activities. The group is well-known for its work with the VITA (Volunteer Income Tax Assistance) program, which provides free incometax preparation for elderly and needsbased individuals in the community. Last academic year, ONU participated
in the national chapter’s Grant Thornton Ethics competition. The Mu Delta Chapter hosted an ethics day on campus with an ethical debate competition and guest speaker Sandra Ruiz, director of finance for Barnes Distribution North America. ONU’s chapter was a semifinalist in the national competition and received a cash prize. This year, ΒΑΨ sponsored a new event called “Meet the Firms Night” on Aug. 29. ONU business students had the chance to network with international, regional and local accounting firms, including all the “Big Four” firms. According to Kristin Cellentani, a junior accounting major from Columbus, Ohio, and 2013-14 ΒΑΨ vice president of finance, the ΒΑΨ board of officers plans to incorporate more communityservice projects and group-bonding activities in the coming year. “ΒΑΨ in the past has been treated like a student organization, and we would like to transform the group’s culture into a scholastic Greek organization and have a stronger network with our national chapter of ΒΑΨ,” she says.
HEALTH CARE AND BUSINESS PROFESSIONALS CLUB (HBPC) Advisor: Dr. Matt Kutch, assistant professor of economics
Health Care and Business Professionals Club, formerly known as the Pharmaceutical Business Club, adopted its new name last year in order to expand its membership. “We didn’t want to limit our club
to just pharmaceutical business majors,” says Megan Conley, a junior pharmaceutical business major from Pickerington, Ohio, and 2013-14 HBPC president. “Our club is open to any student on campus who wants a better understanding of the health care industry and its impact on our society.” The main purpose of HBPC is to provide networking and learning opportunities for students interested in working in the health care field. “It’s another avenue to facilitate their learning of how to be an effective professional,” explains Kutch. HBPC is not affiliated with a national organization; therefore, it does not receive direction or guidance on its programming activities. Yet HBPC members have created some signature activities on ONU’s campus. Each winter, the club gathers donations and toys to make Christmas a little brighter for sick children at St. Rita’s Hospital in Lima, Ohio. In the spring, the club hosts Polar RX, a prescription drug-abuse awareness event. Last year’s featured speakers included Dr. Jon Sprague, former dean of the Raabe College of Pharmacy, who shared information on how drugs affect the mind, and Wayne Campbell, from the nonprofit Tyler’s Light, who spoke about the devastating impact of drug abuse on his family. Conley has big plans as HBPC president. She wants to increase membership, prepare the club to attend national conferences, and host additional campus events. “If I can get this club up and running like I know it can, then I will be able to show future employers that I can take on leadership roles,” she says.
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SOCIETY FOR ADVANCEMENT OF MANAGEMENT (SAM) Advisor: Dr. Michele Govekar, professor of management
The Society for Advancement of Management is targeted toward students who are interested in developing management skills and expertise.
Lauren Brown, a senior management major from Portage, Mich., and 2013-14 SAM president, hopes to grow SAM’s membership, bring in speakers and participate in more regional case competitions. “The national case competition is always the highlight of the year because it gives students the opportunity to analyze a well-known company, devise possible solutions and compete against universities from around the country,” she says. “Although the organization is a lot of work, it leads to growth as an individual and a professional.”
“Participating in SAM mirrors the types of responsibilities students will have in the future, either in their jobs or in their communities,” says Govekar. “Members plan a program, recruit members, build a budget to support the program and then implement that program on their own.” Approximately 25 to 30 ONU students join SAM each year. The group sponsors several social and community service events in collaboration with other student groups. They also host the “Great Case Race” each year at the college, an event in which participants receive part of a business case challenge, solve each part to get to the next clue, and win prizes for solving the entire case. “It’s simple, quick, applied business-curricular knowledge in a competitive and fun environment,” says Govekar. Last March, an ONU team garnered third place at the Student Case Competition held during the 2013 SAM International Business Conference in Arlington, Va. ONU’s five-member team, which prepared for two months, presented a case analysis and proposal for the future success of Netflix. 20
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Clayton L. Mathile, BA ’62, Hon. D. ’91, ACIT ’09, was awarded a 2013 Pinnacle Award, but was unable to attend the dinner. We thank Mathile and all of our 2013 Pinnacle Award recipients for the significant impact they have made on our college. In June 1970, Mathile became the seventh employee of Iams Food Company, a small dog-food business with annual revenues of about $500,000. After initially working without a title, Mathile became vice president and co-owner in 1975, president and CEO in 1980, sole owner in 1982, and chairman of the board in 1998. Under Mathile’s leadership, Iams experienced tremendous growth and, by 1999, reported sales of nearly $1 billion. That same year, he sold the company to Procter & Gamble for $2.3 billion.
PRESIDENT DANIEL A. DIBIASIO AND DEAN JAMES W. FENTON GIVE CLAYTON L. MATHILE HIS 2013 PINNACLE AWARD This spring, the Dicke College of Business Administration awarded its Pinnacle Award to those individuals who have made the highest level of commitment to the college. “We wanted an avenue to publicly say ‘thank you’ to the people who have made significant and sustained gifts to the college and University,” said Jim Fenton, dean of the Dicke College of Business Administration. “Through their generosity, they’ve had a tremendous and transformative impact on our students, the business college and the University generally.”
At Ohio Northern, Mathile is a Life Member of the Lehr Society, a group of individuals recognized for contributing more than $100,000 to ONU during their lifetimes. Through the years, he has served as a member of the Business College Advisory Board and the ONU Board of Trustees, co-chair of the University’s Campaign for the 21st Century, a member of the University’s planning committee, and honorary chairman of The Campaign for Ohio Northern University’s Tomorrow. The Mathiles also initiated the campaign to construct the Mathile Center for the Natural Sciences, a 95, 145-square-foot, student-centered academic research and learning facility on Northern’s campus. Furthermore, the University’s highest scholarship award bears the Mathile name. Since 2004, two $30,000 renewable Mathile scholarships (funded by the Mathile Family Foundation) have been awarded each year to top scholars. ONU
NEW FACULTY
Dr. Anita Morgan
Dr. Paul Hartman
Visiting associate professor of accounting Director of the Master of Professional Practice in Accounting program
Assistant professor of operations research and supply chain management
Dr. Anita Morgan replaces the departing Dr. Melissa Hickman as an associate professor of accounting and director of the graduate program in accounting. Morgan joins us from Indiana University East, where she was an assistant professor of accounting. In addition to administering the graduate program, her primary duties in the Dicke College of Business Administration will be teaching in the areas of auditing and accounting information systems in that program. Morgan earned her Doctor of Business Administration in accounting from Nova Southeastern University, her Master of Business Administration in entrepreneurship from Ball State University, and her Bachelor of Science in accounting from St. Mary of the Woods College.
Dr. Paul Hartman joins the Dicke College of Business Administration as an assistant professor of operations research and supply chain management. His teaching responsibilities will be in operations research, logistics and supply chain management. A retired U.S. Air Force officer, Hartman recently received his Ph.D. in logistics from the Air Force Institute of Technology’s School of Management and Engineering. He received his Master of Arts in international affairs from the University of Dayton, his Master of Science in acquisition and logistics management from the Air Force Institute of Technology, and his Bachelor of Science in business management from the University of Maryland.
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THE JAMES F. DICKE COLLEGE OF BUSINESS ADMINISTRATION
ANNUAL SCHOLARSHIP EVENT
The fifth annual Dicke College of Business Administration scholarship event was held on July 28 and 29 at the Catawba Island Club in Port Clinton, Ohio. More than 100 alumni and friends participated in the weekend festivities, which included a wine tasting, golf scramble and chartered fishing outing. Net proceeds from the event go directly to the college to fund student scholarships. This year, the event netted $15,000, and with this support, the college was able to underwrite some of the tuition costs of qualified students. ONU
Support from alumni and friends for this annual event means that we can have an immediate and positive impact. We wish to thank the following major sponsors for making this event possible:
EVENT HOSTS Golf Ball and Prize Sponsorship
Luncheon Sponsorship
Paul Carbetta II, BSBA ’90, and his wife, Leah Comprehensive Wealth Partners
Phil Caris, BSBA ’82, and his wife, Cheryl, and family
Banner Sponsorship
Jay, BSBA ’81, and Terri (Henby) Molter, BSPh ’81
Shawn A. Bogenrief, BSBA ’82 Area President, Gardner & White Beverage Cart Sponsorship Jeff Gillson, BSBA ’92, and his wife, Alana Gillson Financial Group
SAVE THE DATE
Breakfast Sponsorship
2014 Golf Outing
Anmarie S. Gladieux-Kolinski, BA ’94, BSBA ’94, and Harbor Capital Advisors Inc. Fishing Boat Sponsorship Sheri (Schweitzer) Stoltenberg, BA ’91, and her husband, Jay Stoltenberg Consulting
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Wine Tasting Sponsorship
Sunday and Monday Aug. 17 - 18
MOVING ON AND MOVING
UP
ENTREPRENEUR TURNS HIS SMALL BUSINESS INTO A NATIONWIDE CONGLOMERATE JOE KENNEY STARTED HIS CAREER AS A DOOR-TO-DOOR SALESMAN AND BY UTILIZING AND BUILDING FROM HIS EXPERIENCES, BUILT A NATIONWIDE COMGLOMERATE.
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04 In 1996, Kenney went national with his business, Commercial Services Inc. Launched first business, a commercial pest control company.
Commercial Services Your Shield of Protection
Door-to-door salesman in Findley, Ohio. Sold fire-alarm systems to home owners. Started at ONU on a football scholarship majoring in business as an afterthought.
Joe Kenney, BA ’76, epitomizes the American dream. From humble beginnings, he realized his ambition to create a profitable and thriving U.S. company. His entrepreneurial journey wasn’t easy, says Kenney. He describes it as “one step forward, two steps back.” But every failure just reinforced his determination to keep going. Raised in Youngstown, Ohio, in a lower-middle-class family, Kenney became the first in his family to attend college. He came to ONU on a football scholarship and majored in business as an afterthought. With no concrete plans for the future, he discovered, much to his surprise, that business intrigued him. He credits accounting professor Roger Young for sparking his interest. “I took every class he offered every semester,” Kenney says. “He made the subject matter interesting, and he made you believe you needed to learn it.” After graduating from ONU, Kenney became a door-to-door salesman in Findlay, Ohio. He sold fire-alarm systems to homeowners in the days before smoke alarms were readily available in superstores. Shy and reserved at the time, Kenney found the job to be a stretch at first. Yet he ended up loving it. “It was the best job I ever had,” he maintains. Kenney perfected his communication style by critiquing audiotapes he made of himself. Today, the best advice he offers to young entrepreneurs is to hone their selling skills. “Everyone thinks selling is about being a talker,” he says. “But it’s just the opposite. Selling is about being a good listener. You need to listen to your customers so you can understand their problems and offer solutions.”
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After a frigid winter in Findlay (during the infamous Blizzard of ’78), Kenney and his wife decided they’d seen enough snow to last a lifetime. They packed their bags and moved to sunny Tampa, Fla. In the early 1980s, Kenney launched his first business, a commercial pest-control company. He struggled to make ends meet. For a few years, he woke up at 4 a.m. every day to deliver newspapers to earn extra income. His biggest concerns were cash flow and building enough revenue to grow the business and hire employees. “At one point, I realized I didn’t own a business; I owned a job,” he says. Kenney experienced many moments of self doubt. He considered giving up his entrepreneurial dream and rejoining the workforce, but he never did. “I’m stubborn and bullheaded,” he says. “I learned from my mistakes and kept going.” In 1987, Kenney sold his pestcontrol business to an established English company. He moved to Jacksonville, Fla., and started a new commercial pest-control business. Gradually, he expanded into kitchen-exhaust cleaning and fire-safety services. Business was good until Kenney began getting Dear John letters from his pest-control
customers. Their parent companies were centralizing operations for efficiency and cost savings. They needed to work with a company that could service all their locations nationwide. Kenney didn’t agonize over the lost customers. A true entrepreneur, he saw the chance to turn a problem into an opportunity. No one was providing kitchen-exhaust cleaning or fire-life-safety services on a nationwide basis, so Kenney decided to become that company. Instead of being on the receiving end of the Dear John letters, he wanted to be the reason they were sent. In 1996, Kenney went national with his business, Commercial Services Inc. Today, he employs 120 people at his corporate headquarters, works with more than 1,200 affiliate partners in the U.S., Canada and the Caribbean, and serves more than 110,000 locations. His clients include large restaurant, retail and hospitality chains, including McDonald’s, Walmart, Staples, and The Gap. Commercial Services Inc. provides “a shield of protection,” ensuring that its clients are in compliance with the codes and standards developed by the National Fire Prevention Association (NFPA). Working with a network of affiliate partners, the company services sprinkler systems, exit lights, fire extinguishers, fire alarms, fire-suppression systems and kitchen-exhaust systems. “Businesses that fail to meet fire-safety regulations can be shut down,” explains Kenney. “And our customers can’t afford to lose even one day of operation. We make sure that doesn’t happen.” The sole shareholder and head of his company’s operations, Kenney offers a simple description of his leadership style: “I smile a lot,” he says. He wants his employees to enjoy coming to work. Employees who love
their work don’t accept mediocrity and always give their best, explains Kenney. He’s clearly succeeded in creating a positive company vibe. Most of his employees have worked for him their entire careers, and his company benefits from their knowledge and expertise. Every quarter, Kenney hosts a special event for his employees. He grills hamburgers and hot dogs on the Fourth of July and plans elaborate costumes and decorations (including tongue-in-cheek tombstones for each manager) on Halloween. One of Kenney’s favorite events is Family Fun Day, where employees bring their children to work. Kenney gives the kids, ranging from ages 4 to 14, a lesson in entrepreneurship. They break into two teams to design, market and operate a lemonade stand. The teams donate their profits to a charity, and Kenney gives $20 to each child on the team with the most sales.
...learn from any setbacks and stay true to their dreams, because if they keep moving on, they will eventually move up.
The first year of the lemonade project, several parents were upset that Kenney didn’t give a prize to the losing team. Later, they told him they got it. Their kids were brainstorming new ideas and figuring out how they would do things differently to win the competition next year. These kids learned the lesson Kenney was hoping to impart.
Kenney shared this same lesson with ONU students this past spring as a guest speaker in Dr. Tammy Schakett’s Principles of Entrepreneurship course. He told the story of his 40-year journey as an entrepreneur. And he urged the students to learn from any setbacks and stay true to their dreams, because if they keep moving on, they will eventually move up. ONU
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Dr. Dong Hyun Kim From Seoul to Austin to Stillwater and Norman, Okla., to Ada – Dr. Dong Hyun Kim’s locales keep getting smaller and smaller. Still, he travels where finance takes him. Kim earned his Bachelor of Science in business administration from Seoul National University. After three years as a military officer in the Republic of Korea Air Force, and a year with Kookmin Credit Card Corp. in Seoul, Kim looked to change gears. “I wanted to teach and do research,” he says. “This is why I decided to quit my job and go back to academia.” “I heard that the University of Texas had a great accounting program, so I moved to Austin, Texas. But I realized economics would provide a strong foundation for other subjects like accounting, marketing and finance. So, I completed my master’s degree in economics at Oklahoma State University.” He next completed his Ph.D. in finance at the University of Oklahoma. He’s now entering his third year as assistant professor of finance in the Dicke College of Business Administration, where he teaches the Principles of Finance, Intermediate Finance, and Investments. He’s also the faculty advisor for the college’s Student Investment Group. 26
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“The group members learn how to invest by managing a portfolio with actual money. This is a classic example of learning by doing,” he says. In addition to his teaching and advising, Kim conducts research and writes papers, the topics of which he tries to align with the subjects he teaches in class. “There are some topics that I haven’t done research on because I do not teach those topics. I think that research and teaching should go hand in hand,” he says. “In class, particularly for my upper-level courses like Investments and Intermediate Finance, I talk about my research. My students seem to be motivated to learn about my research topics.”
Finance and football – important subjects, no matter where you live. In December 2012, a paper co-written by Kim was published in the Journal of Corporate Finance. The paper, “Impact of the TARP Financing Choice on Existing Preferred Stock,” examines how the two different types of existing preferred stock, the higher priority preferred stock (trust preferred stock) and the lower priority preferred stock (non-trust preferred stock), reacted to the TARP preferred stock issuance. Kim’s co-author was Dr. Duane Stock from the University of Oklahoma Price College of Business. Fewer than five percent of
articles submitted to the Journal of Corporate Finance are accepted for publication. A second paper, “The Effect of Interest Rate Volatility and Equity Volatility on Corporate Bond Yield Spreads: A comparison of Noncallables and Callables,” is currently being revised for resubmission to the Journal of Corporate Finance. This research investigates the impact of interest rate volatility upon corporate bond yield spreads. Finally, Kim is working on “The Effect of Share Ownership Structure on Ex-Dividend Day Stock Price Behavior,” which examines whether share ownership structure plays a role in determining the ex-dividend pricing of dividends. “The topics are all different,” he says. “The first paper is about government bailout, the second paper is about corporate bond yield spread, and the topic of the last one is ex-dividend day. Each paper discusses different types of securities: preferred stock, corporate bonds and common stock.” Kim lives in Perrysburg, Ohio, with his wife, Hye Jeong Shim, and their 5-yearold son and 1-year-old daughter. In his free time, he enjoys jogging and watching his son as he practices karate, soccer and piano. “I’m a big fan of Oklahoma Sooners football. I can’t wait until the college football season starts,” he says. Finance and football – important subjects, no matter where you live.
ONU
THE JAMES F. DICKE COLLEGE OF BUSINESS ADMINISTRATION
2013-14 ADVISORY BOARD MEMBERS George Atkinson BSBA ’72 Senior VP and Managing Director TriVista Business Group 1208 Archer Dr. Troy, OH 45373 Lawrence C. Barrett, CLU, ChFC BSBA’71, ACIT ’97, H of F ’04 President Independent Pharmacy Consulting Group LLC Sagemark Consulting 28601 Chagrin Blvd. Suite 300 Cleveland, OH 44122 Shawn A. Bogenrief BSBA ’82 Partner/Director GARDNER & WHITE 5925 Wilcox Place, Suite D Dublin, OH 43016 Paul Carbetta II BSBA ’90 CEO/Private Wealth Advisor Comprehensive Wealth Partners/Ameriprise Financial 150 E. Wilson Bridge Road Suite 100 Worthington, OH 43085
Phillip Caris BSBA ’82 Vice President of Sales Cooper Tire & Rubber Co. P. O. Box 550 Findlay, OH 45840 Jeff Gillson, CLU, CFP BSBA ’92 Financial Services Professional New York Life 1336 Woodman Dr. Suite 100 Dayton, OH 45432 Darren Hart BSBA ’99 Vice-President of Financial Planning & Analysis Fossil, Inc. 901 S. Central Expressway Richardson, TX 75080 Julie (Badgley) Kasper BSBA ’84 Chief Financial Officer Hull & Associates, Inc. 6397 Emerald Parkway Suite 200 Dublin, OH 43016 Carol (Applegate) Kline BSBA ’86 751 International Isle Dr. Castle Rock, CO 80108
Anmarie S. Gladieux-Kolinski BA ’94 Executive Vice President and Chief Financial Officer Harbor Capital Advisors, Inc. 111 S. Wacker Dr., Suite 3400 Chicago, IL 60606
Brian D. Smith BSBA ’87 Executive Vice-President Catholic Health Partners Northern Network 2749 Fort Amanda Road Lima, OH 45806
Rob Lydic BS ’97 President Layer 1 Design 903 S. Latson Rd. #228 Howell, MI 48843
Sheri L. (Schweitzer) Stoltenberg BA ’81 President & CEO Stoltenberg Consulting 1013 Christine Place Bethel Park, PA 15102-2447
Dr. Joy Maddox BSBA ’84 Skadden, Arps, Slate et al. 1440 New York Ave. NW Washington, D.C. 20005 Jay Molter BSBA ’81 Senior Vice President, Marketing and Sales Glasstech, Inc. Ampoint Industrial Park 995 Fourth St. Perrysburg, OH 43551
Dennis Stripe BSBA ’79 President & CEO OrthoHelix Surgical Designs, Inc. 1065 Medina Road, Suite 500 Medina, OH 07401 Mark White BSBA ’85 President Vancrest 120 W. Main St. Suite 200 Van Wert, OH 45891
Deann (Fishpaw) Newman BSBA ’83 Partner Deloitte Tax LLP 200 Renaissance Center Detroit, MI 48243
The Inn at Ohio Northern University 419-772-2500 or www.innatonu.com
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525 S MAIN ST ADA OH 45810-9989
The right track
Forensic Accounting and Audit Services Taxation
MPPA Master of Professional Practice in Accounting Visit www.onu.edu/mppa