Business Exchange Fall 2011

Volume 5, Issue 2 Fall 2011

BusinessExchange A Magazine for the James F. Dicke College of Business administration

LEARNING IN A ( Polar ) BEAR

MARKET

Business Exchange

Volume Five - Issue Two Fall 2011

Editors/writers Josh Alkire Carol Flax Laurie Wurth Pressel Designer Jenn Stucker Photography Kenneth Colwell

Business Exchange 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 www.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 six majors and five related areas of study. The integration of theory and practice and ongoing mentoring opportunities are hallmarks of this outstanding academic program.

Message from the Dean Experiential learning is an integral part of the student experience in The James F. Dicke College of Business Administration. Through interactions with peers and mentors, exposure to different cultures, and engagement with the real business world, including our required internship, students experience phenomenal intellectual and personal growth. This issue of Business Exchange showcases a few examples of our students “learning by doing.”

The Student Investment Group represents one of our special experiential learning opportunities. Junior and senior business students vie for one of six coveted positions in this group, which gives students the chance to manage a real investment portfolio. Our Polar Bear investors have done an excellent job managing the fund through the bear market we’ve experienced the last few years.

The Student Mentoring Program, established by the business college five years ago, is one of our student-retention strategies. Freshman business students learn the ropes from more experienced upperclassmen. The program’s purpose is to create a welcoming, friendly atmosphere that helps ease a freshman’s transition from high school to college life.

Also in this issue, we follow up on the “Path to Success” feature on three outstanding alumnae that appeared in the last issue. This time, we feature three outstanding alumni. All three are committed, ethical businessmen who are successfully growing businesses and supporting local communities in Northwest Ohio.

As always, we thank you for your continued support of the University and our fine business college. If ever you plan to be near Ada, please feel free to stop by and visit your college, the faculty and staff. We welcome your visit.

Sincerely,

James W. Fenton Jr., Ph.D. Dean and professor of management j-fenton.1@onu.edu

Fall 2011

contents Learning in a (Polar) Bear Market

4-5

SIG Alumni

6-7

Path to Success

8-12

Student Mentors

14-15

Tax Levies and Impact on Voters

16-17

Faculty Profile

18

New Faculty and Staff

19

Hanyang University

20-21

College News and Events

22

Advisory Board

23

Stay connected!

Business Exchange

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LEARNING IN A ( Polar ) BEAR

MARKET:

STUDENT INVESTMENT GROUP

GETS REAL

Real money. Real decisions. Real outcomes.

Each year, Ohio Northern University gives six outstanding ONU business students the opportunity to manage an investment portfolio of close to $150,000.

The Student Investment Group (SIG) doesn’t simulate the experience of investment management; they do it for real.

“The SIG is a classic example of learning by doing,” says Jim Fenton, dean of the College of Business Administration.

“SIG members use all the tools that brokers and analysts use in the real world. It is one thing to study something in class; it is another thing to actually do it and be able to reflect on what you’ve learned.”

A generous gift from the Robert E. Hillier Family Charitable Trust led to the formation of the SIG in 1989.

Henry L. Metzger, BSEd ’41, Hon. D. ’94, then president of the trust, suggested that $35,000 of a $100,000 pledge to ONU be used for a scholarship fund that would be managed by student investors. Through the years, the SIG has made prudent investment decisions to grow the initial $35,000 to approximately $150,000.

With just six spots on the SIG – filled by three juniors and three seniors – students who want to join the group undergo a competitive application process.

Only students with high academic standing (3.25 GPA or higher) are invited to apply. New members are selected based on the strength of a required essay and an interview process.

“Only three slots open up each year, and an appointment to the group is

hard to come by,” explains Stefan Buchanan, BSBA ’10, a financial planner at Plante Moran Financial Advisors in Columbus. “I felt honored to be a part of the SIG while a student at ONU.” The SIG meets every two weeks to review its portfolio and discuss investment opportunities. A faculty advisor provides guidance and oversight. Each member is assigned several stocks to track and must provide regular updates on the stocks’ performance and future outlook. After an in-depth discussion, the group must reach an agreement on which stocks to buy, sell or hold.

“SIG members take on a lot of responsibility,” says Cody Fisher, a senior finance major and SIG member from Helena, Ohio.

“It can be a little scary at first, because you realize this is not a game.”

The SIG creates and follows an investment policy that outlines the percentage of cash, fixed capital and common stock in the portfolio. The policy can change based on economic conditions. “We are not a day trading group,” explains Fisher. “Our goal is to grow steadily over a long period of time. We don’t want to pass on volatile stocks to the next group of students.”

Dr. Dong Hyen Kim, assistant professor of finance, is the new faculty advisor for the group. He believes the best

strategy is to buy a lowcost, broad-based index fund. “Since our goal is to meet our benchmark – S&P 500 – this strategy may be worth following,” he says.

“I will encourage this year’s group to read useful material and to conduct a thorough analysis of securities through research and discussion.”

Kim also recommends that SIG members read company proxy statements, which provide information on how companies are governed.

Through the years, the SIG has weathered ups and downs in the market.

During the recent economic recession, the SIG portfolio plummeted to half its worth.

SIG members, like investors across the nation, felt stressed and worried as they adjusted their investment strategy and tracked market conditions. “No matter where you had your money, you were going to lose,” says Fisher. “The SIG just tried to minimize the losses.

We made decisions on which companies we thought would make it through the recession and which companies might not be so fortunate.” The SIG portfolio has since bounced back to its pre-recession worth – a testament to the hard work and wise decisions made by the group.

Current and past SIG members attest to the benefit of being part of the group. Through firsthand experience, they learn what

it takes to be a professional investment manager. They also learn about research, teamwork, decision-making, and how to communicate effectively and persuasively.

on the competition when looking for employment,” he says. “I was able to leverage my experience with SIG to showcase my financial acumen.”

“If you want the group to accept your opinion on stocks, you learn to present a good case,” says Fisher.

Robert Frankle, BSBA ’09, an internal auditor for DSW Inc., in Columbus, agrees. “The SIG opened tons of doors for me as a professional,” he says.

“When you interview, especially in the financial world, being able to

Fisher will graduate in the spring and is already going on job interviews. He says potential employers recognize the uniqueness of

the SIG. “I spend more than 50 percent of my time during interviews talking about the SIG,” he says. “Employers want to know all about the group and what I’ve learned and how I’ve grown through this experience.”

show that you have taken on the responsibility to manage actual funds really stands out.”

The group’s portfolio performance can be tracked online at www. onu.edu/node/1331

Tim White, BSBA ’09, an investment counselor for T. Rowe Price in Washington, D.C., says his SIG experience jump-started his career. “I have no doubt that my ONU education and experiences, especially the SIG, gave me a leg up

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Student Investment Group Alumni Dr. Ben Anderson

Stephanie (Bell) Saghy

Sarah Libbe

Tim White

BSBA ’03 Assistant professor of economics, Colgate University Hamilton, N.Y. SIG member 2000-03; President 2001-02

BSBA ’08 Investment associate, J. P. Morgan’s Private Bank Chicago, Ill. SIG member 2006-08

BSBA ’08 Senior auditor, Ernst & Young Toledo, Ohio SIG member 2006-08, President 2007-08

BSBA ’09 Investment counselor, T. Rowe Price Washington, D.C. SIG member 2007-09

Libbe learned about responsibility and accountability

White successfully convinced his fellow SIG members to purchase Apple stock, which has since quadrupled in value

Anderson helped SIG weather the impact of 9/11 Anderson teaches economics courses at Colgate University, a prestigious, liberal arts university nestled in the hills of upstate New York. He also engages in academic research on industrial organizations, focusing on issues of market structure and innovation.

SIG instilled in him a passion for in-depth, rigorous research, which benefits him today in his work as an academic.

“I was a member of SIG during 9/11. It was a difficult time for everybody, but the stock market performance after those unfortunate events showed us all that nothing in life is certain and there are no guarantees. We were left with the unenviable task of diversifying our portfolio in order to adapt to a rapidly changing environment. We were able to mitigate our financial losses somewhat, but ultimately the most important lesson that I took away from that period was learning about our own ability to respond to such challenges and recognizing that in the stock market, as well as the world in general, there is always another (sometimes tragic) surprise around the corner.”

Saghy became passionate about a career in investment management Saghy works for a global leader in financial services, providing investment advice and services to high networth individuals.

She credits SIG for awakening her passion for investing and putting her on the path to her current career and CFA (certified financial advisor) certification.

“My favorite memory of SIG happened during my first year in 2007. I interned with Spero-Smith Investment Advisers over the prior summer and was encouraged to bring the annual SIG field trip to their office. I worked with CEO and ONU alumnus Bob Smith, BSBA ’75, to co-present on how the firm selects equity investments for their clients. The firm was extremely generous to the SIG members, and the SIG members were very professional at the firm; I was so proud to be associated with both groups.”

Libbe works for one of the world’s leading professional services organizations, coordinating and performing financial audits for various businesses in the Toledo, Ohio, area.

SIG provided her with useful knowledge that she uses when auditing clients’ investment holdings and discussing profitability ratios with her audit team.

“Prior to joining the group, I remember thinking I would be more likely to consider more volatile investments because the risk lay with the University and not my own personal funds. I quickly learned that there was much more responsibility and accountability when making investment decisions on behalf of the University.

I realized how important the growth of the portfolio was to current and future members of SIG, and also to students who may benefit from scholarships derived from the gains.”

White works for T. Rowe Price, a global investment management firm, building lasting relationships with his clients as he helps them to reach their future financial goals.

SIG provided him with insight into his personality and developed the foundation for his career.

“What a unique experience to take the concepts we were learning in class (sometimes that very same day) and put them into practice. As a finance student, I loved coming into Dicke Hall and grabbing The Wall Street Journal to not only read up on what was happening in the world, but also track the companies that SIG had a vested interest in.”

Andrew Hartman

Robert Frankle

Stefan Buchanan

BSBA ’09 Inventory analyst, Applied Industrial Technologies Cleveland, Ohio SIG member 2007-09, President 2008-09

BSBA ’09 Internal auditor, financial compliance, DSW Inc. Columbus, Ohio SIG member 2007- 2009; Vice President 2008-09

BSBA ’10 Financial planner, Plante Moran Financial Advisors Columbus, Ohio SIG member 2008-10, President 2009-10

Hartman led SIG through the 2008 financial crisis

Frankle learned about effective and efficient analysis

Buchanan felt honored to be a member of the SIG

Hartman works for a leading North American distributor of industrial products and services, assisting with the quarterly reconciliation of inventory and working in the field to make sure proper accounting procedures are followed.

SIG turned him into an educated investor, giving him confidence about his own personal investments.

“Like most investors, I felt blindsided by the events that caused the 2008 financial crisis. Why did this happen? Why was there no warning? Just like most portfolios, the SIG portfolio took a hit. The hardest part at the time was keeping a calm composure and weathering the storm. I felt very concerned about the SIG portfolio and educated myself about economics, banking and markets to understand what went wrong.”

Frankle focuses on financial compliance and special projects at DSW Inc., a leading, branded footwear and accessories retailer.

SIG opened doors for him professionally and enabled him to pursue roles outside of his field of accounting.

“My most memorable SIG experience was a field trip to Cleveland to meet with a brokerage firm to receive an analysis of our holdings. Talking with the professionals gave me a new perspective. I learned how to look at equity positions in a macro sense, based on the portfolio, rather than just looking at each individual stock. I learned more than how to appropriately assess and ultimately buy equities for a portfolio; I learned the necessity and process for effective, efficient analysis.”

Buchanan works for Plante Moran Financial Advisors, the private wealth management group of Plante & Moran, assisting high-net-worth individuals with their investment and estate-planning needs.

SIG taught him how to effectively communicate and defend his ideas.

“I was lucky enough (or unlucky depending on the point-of-view) to be a part of SIG during the economic downturn the entire world felt in 2008 and 2009. Being able to sit around the table and discuss the challenges that the economy and investors faced provided me with valuable insight.

Books can only teach you so much, but realworld application is what makes SIG such a unique opportunity. Instead of just reading about financial theory and practice, SIG members actually have the chance to put that material to use before they enter the business world.”

Business Exchange

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PATH TO SUCCESS 1

2

3

Three motivated men.

Three small hometowns.

Three thriving businesses.

Jay Molter travels the world, but still lives in Woodville, Ohio, where he spent his youth working the cash register in his father’s community pharmacy.

Jay Molter, BSBA ’81

Woodville, Ohio Senior Vice President of Sales and Marketing Glasstech Inc. Jay Molter’s business degree from ONU turned into a ticket to worldwide adventures.

Molter spends a considerable amount of time crisscrossing the globe, calling on Glasstech, Inc. customers in more than 40 countries and six continents. “Growing up in a small town in Northwest Ohio, I never imagined I’d see the world,” he says.

1

Molter joined Glasstech right out of college, when the company was still in its infancy. For the last 30 years, he has played a key role in Glasstech’s rise to a worldwide leader in the glass processing market.

Recently, Molter received a promotion to senior vice president of marketing and sales at Glasstech.

A privately held company based in Perrysburg, Ohio, Glasstech designs and manufactures industrialsize systems that produce tempered and bendable glass. Celebrating its 40th anniversary this year, Glasstech first sparked innovations in the architectural and

automotive glass industries.

Molter recalls one of the company’s early milestones: selling a system to Chrysler to fabricate door glass for their K-car model.

Today, Glasstech leads the way in the solar-power industry with unique systems for shaping and strengthening glass to produce mirror blanks that capture and transfer the sun’s rays. “The solarpower market is growing fast, especially in China,” notes Molter. He adds that Glasstech’s success stems from its aggressive research and development strategies. The company, which operates with fewer than 100 employees, holds more than 600 patents.

Molter traces his interest in business to his boyhood and the summers he spent working the cash register and stocking shelves in his dad’s pharmacy. “Back then, you still had to do the math in your head,” he says with a laugh, recalling how he meticulously counted back change to each customer.

At ONU, Molter initially majored in pharmacy.

He soon discovered that accounting and business suited him better. Yet he managed to continue his family’s pharmacy legacy by marrying a pharmacist. He met his wife, Terri (Henby), BSPh ’81, on campus in the spring of his freshman year.

Molter started out as a cost accountant at Glasstech.

He transitioned into the marketing and sales group within a short time, after management recognized his special ability to relate to international customers.

In 2006, Molter assumed leadership over the company’s entire sales and marketing efforts. His work requires him to be on the road more than half the time. He’s lost track of the many worldwide cities he’s visited calling on Glasstech’s global customer base.

Early in his career, Molter frequently traveled to Eastern Bloc countries under the former Soviet Union’s communist control.

“I took my very first trip to East Germany,” he says.

“I’ll never forget going through Checkpoint Charlie at the Berlin Wall.” He vividly recalls the heavily armed security forces using mirrors to check for bombs under the car.

Often, he heard clicking noises while talking on the phone, a sure indication that his conversations were being recorded. These experiences, he says, prepared him for just about anything.

The China market now demands most of Molter’s time. Over the last two decades, he has witnessed China’s remarkable transformation into an economic powerhouse.

During his first trips to Beijing, Molter saw people wearing gray, drab clothing and using bikes for travel.

Today, he finds himself stuck in huge traffic jams on Beijing’s roadways and is amazed by the Western influence and bright colors.

In addition, skyscrapers have sprung up in former farm fields. “It has been incredible to watch,” he says.

Business Exchange

9

Molter credits his success in life, and business, to his strong work ethic. A person who can’t sit still for long, he often is one of the first to arrive at the office in the morning and, many times, one of the last to leave. Because he deals with international clients and time differences, his responsibilities don’t fit into a neat 9-to-5 schedule. Molter also places a high importance on integrity. “I believe with a good attitude, hard work and strong values, you’ll go far,” he says.

Although he travels the world, Molter still calls Woodville, Ohio, the small town where he was born, home. To give back to his community, he helped found an organization that supports the public schools by raising funds for special projects. In his free time, Molter enjoys snow skiing, boating and biking with his family.

Molter and his wife recently celebrated their 30th wedding anniversary.

They have two children.

Nora, BSBA ’09, majored in accounting at ONU and works for Limited Brands in Columbus, Ohio, and Adam, a 2007 graduate of Ohio State University, is a police officer in Upper Arlington, Ohio.

Chris Zoeller,

BSBA ’05

Tiffin, Ohio Director of Purchasing Laminate Technologies Inc. Chris Zoeller had a hand – literally – in his 2 family’s business when he still wore diapers.

The imprint of his tiny fingers, pressed into the concrete for good luck, continues to greet visitors on the steps leading to Laminate Technologies’ headquarters in Tiffin, Ohio.

But 26 years later, Zoeller is determined to make a more significant mark on the company his parents founded. The ONU business graduate and attorney recently returned to his hometown to lead the company to a higher level of efficiency and output.

Laminate Technologies (LamTech) manufactures custom laminated panels and fabricated parts for kitchen cabinets and other applications. The privately held company employs approximately 150 people, with plants in Ohio, Texas, and Tennessee. Known for quality products and outstanding customer service, Laminate Technologies experienced phenomenal growth in the past two years, despite the struggling U.S. economy.

Fred Zoeller, Chris’ father, took a leap of faith when he founded LamTech in 1985. Driven by fear, he

worked hard and relied on his instincts to build a profitable company. “I just went for it,” Fred says. “I learned through the school of hard knocks.”

Early on, one of Fred’s friends told him he would be a true entrepreneur when he sweated out his first Friday. “I didn’t know what he meant,” he says. “But I soon learned when the first Friday rolled around and I looked at my checking account and my payroll and started to sweat,” he recalls with a laugh.

LamTech became a central part of Chris’ upbringing.

The company’s employees felt like an extended family, he says. Dinner-table conversations inevitably turned to “talk about the business” because Chris’ mom, Louise, also plays a vital role in the company’s operation.

After graduating from Northern with a degree in accounting and international business and economics, Chris obtained a law degree from the University of Toledo. He worked in Toledo’s court system for several years as a law clerk and bailiff. But he grew dissatisfied with the lack of accountability and initiative in the public sector.

“I did a lot of soul searching and realized that my mindset and skill set best fit the business world,” he says. Driven to excel, Chris craved a fastpaced environment and

work that demanded his ideas and energy. LamTech fit the bill.

Charged with special projects, Chris is spearheading the company’s switch to realtime inventory tracking through warehouse automation. The new technology will save time and money by providing instantaneous data for each stage of the production process.

Leading this project puts Chris in a position to learn about all aspects of the company’s operation. “I have enjoyed spending time with my Dad,” says Chris. “I’ve come to understand the complexity of the business and what he went through to build the business from the ground up.”

In an age of corporate greed and indifference, the Zoeller family runs LamTech with refreshing, old-fashioned values.

They cultivate a familylike atmosphere and treat employees with respect.

In fact, they refer to employees as “members” of the company. After five years of service, they call employees “partners.”

The company’s success, says Fred, rests on the hard work, knowledge and dedication of the people he employs. In return, he strives to provide fair compensation and secure jobs. “Many lives depend on the decisions I make,” he says, “I take that responsibility seriously.

Chris Zoeller returned to his hometown of Tiffin, Ohio, to help run his parent’s thriving manufacturing business.

Mark White, BSBA '85

President and CEO Vancrest Health Care Centers Van Wert, Ohio Mark White is passionate about the care of elderly people and their quality of life.

Together with his team, he has built a thriving business encompassing eight nursing-home and assisted-living facilities, a physical-therapy company, two homehealth companies, and a pharmacy. “Leading this business was my destiny,” says White, “a place I felt I could make a difference.”

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I look out for the members (employees) and they look out for me.”

Strong supporters of the Tiffin community, the Zoeller family volunteers with the Humane Society of Seneca County and the NOAH (No One Alone or Hungry) Foundation, which sponsors an annual Christmas dinner for local citizens who are all alone during the holidays.

Chris says it feels right to be home, to support the causes important to his parents, and to play an integral role in LamTech’s continued success. “Growing up, I always knew LamTech was special,” he says. “I am proud to be a part of this family and continue the tradition my parents started 25 years ago. I am looking forward to the future and being part of the company as it progresses to new and previously unimaginable heights.”

Vancrest is a familyowned business based in Van Wert, Ohio, the hometown where White was born and raised.

The company, which employs approximately 1,400 people, specializes in providing a continuum of care, including shortand long-term care, home health, respite care, assisted living, and Alzheimer’s and Parkinson’s programs.

“We match our services to each individual’s needs,” says White. “Our focus is putting people on a path to strength, health and independence whenever possible.”

mark in the health care field. His great-grandfather, Elmer White, BS 1883, BS 1887, LLB 1891, one of ONU’s earliest graduates, operated a successful community drug store. His father, Dr. Edward White, BA ’48, a physician, started the family business in 1960.

A pioneer for his times, Dr. White recognized the need for elder care before it became popular and profitable with the enactment of Medicare and Medicaid. Dr. White possessed an altruistic nature, shaped by his military service in the Pacific Theatre during World War II. He came back from the war a changed man, says White, and worked diligently for the sick and elderly until his untimely death at age 55 from a heart attack.

White’s family has a long association with ONU; three generations graduated from the University and made a Business Exchange

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Mark White resides in Van Wert, Ohio, where he continues his father’s legacy by managing the nursing home business he founded in 1960.

White, who was only 16 when his dad died, recalls the period of grief and rebelliousness that followed. His mom, Claire, assumed control of the family business but passed away a few years later when White was a sophomore at Ohio Northern. Suddenly, White was all alone in the world, except for his siblings. But even at his young age, he knew his path in life would be to continue the legacy his father started.

Fresh out of college, White assumed control of Vancrest in 1984. He soon realized the vast possibilities for growing and shaping the company.

“I learned through research and asking a lot of questions. I listened carefully to anyone willing to share their expertise and advice,” he says, expressing gratitude to many mentors in the Van Wert business community who provided guidance.

White organized his team

and seized opportunities to expand into rural markets with an unmet need. In some cases, they re-opened a closed facility or turned around an underperforming facility. “I think we’ve made a difference in these communities,” he says.

“We’ve fulfilled a need and put better systems in place.”

Over two decades, Vancrest grew from one facility to eight, a jump from 77 beds to 650. The company also added 165 assisted-living apartments, two homehealth companies (one jointly owned with Van Wert County Hospital), a physical-therapy company (also jointly owned with the hospital) and a pharmacy. White and his team opened facilities in Convoy, Delphos, Eaton, Greenville and Holgate because of their close proximity to Van Wert.

White says his company’s strategy is to offer

exceptional elder care in a compassionate, familylike environment. He and his team continually measure and review key quality measures. They recognize the power of word-of-mouth in small towns, and each employee stands proudly behind the Vancrest business.

White even lists his home phone number in the local directory, welcoming residents and families to call him with concerns.

Vancrest’s success, says White, is directly attributed to the company’s wonderful employees. He hires good people and empowers them to do their jobs. He carefully selects managers who possess both a compassionate nature and business knowhow. “It is important to find the right skill set,” he says.

“We hire lean-operating people with strong ethics.”

Lean operation remains a critical factor in the rapidly changing health care environment. New government rules and diminishing funds for Medicare and Medicaid have negatively impacted his business, says White.

“We’ve had to restructure and navigate through it,” he explains. “We’ve had to learn to do more with less.”

Despite the challenges, White continues to feel optimistic about Vancrest’s future. Success, he says, sometimes boils down to attitude. “Every venture I’ve undertaken, I’ve always believed it would succeed,” he says.

As a successful business leader in the Van Wert community, White has created numerous real estate partnerships and served on many board positions, including First Presbyterian Church trustee (past president), Industrial Development Corporation (past president), Salvation Army advisory board, Health Systems Association, Community First Bank & Trust, Van Wert County Chapter of the American Red Cross, Van Wert County Port Authority, and Van Wert City Council (past president).

He and his wife, Michelle, have two teenage children, Claire and Nick. They own a fifth-wheel camper and enjoy traveling as a family across the country to visit the scenic national parks.

To date, they’ve visited 38 of the 48 parks in the lower 48 states. They also enjoy snow skiing and wine tasting.

Engaged means saying “I Will!”

That’s just what Anmarie Gladieux-Kolinski, BA ’94, BSBA ’94, said when asked to help The James F. Dicke College of Business Administration.

Gladieux-Kolinski knows that true giving means more than simply making an annual designated gift to the college. It means to be engaged in every sense of the word. She also makes time in her busy life and work schedule to be a member of the college’s advisory board, to attend alumni events and to interact with students in the college. She recently spoke to professor Ken Cooper’s Financial Markets and Institutions class about the mutual fund industry.

We need more people like Gladieux-Kolinski. Please say “I Will!” to The James F. Dicke College of Business Administration now and enrich the lives of its students with your engagement.

Anmarie Gladieux-Kolinski, BA ’94, BSBA ’94 Executive Vice President and Chief Financial Officer, Harbor Capital Advisors Inc. Treasurer, Harbor Funds

My ONU College of Business Administration education provided me with a strong foundation upon which to start and build my career. The hands-on nature and real-world business experience of the faculty added an important dimension to my education that can’t be learned from a book. Needless to say, I jumped at the chance to share my experiences with the faculty and students of the college in the hopes that I can add something to their foundation. I am thrilled to be able to contribute to the exciting growth of the college, driven by the entrepreneurial thought of its faculty and staff as they continually ensure the education and experiences that they provide to the students prepare them to be the next generation of great business leaders.

Creating Tomorrow’s Leaders.

Ethical. Entrepreneurial. Engaged.

Students guiding students Enhancing the freshman experience dents engaged and feeling comfortable here, particularly in the first 90 days,” says Fenton.

Young adults often find the transition from high school to college to be challenging. For the first time in their lives, they have to navigate through a new environment and experiences without the aid of parents or friends.

Leaving your comfort zone can be difficult at any age, but especially for 17- and 18-years-olds, says Jim Fenton, dean of the College of Business Administration. “Freshmen can sometimes feel isolated, and that feeling can grow in magnitude. They may start to feel uncomfortable, like they can’t make connections or don’t fit in and want to go home,” he explains.

The James F. Dicke College of Business Administration strives to cultivate a warm and welcoming atmosphere for new students. Five years ago, the college launched a peer-mentoring program to help freshmen assimilate to the campus and the college.

“The idea is to jump-start the socialization process and get stu-

The volunteer mentoring program pairs upper-class business students with incoming freshmen. Matches are sometimes based on major, hometown or shared interests. Student mentors participate in a short training session to prepare them for the role. The college arranges the initial face-to-face meeting between the mentor and mentee. After that, the students foster the relationship on their own.

The mentor’s role is to be an experienced and educated friend, not a quasi-parent to their mentee, explains Fenton. “We ask the mentors to remember what it was like when they were a freshman, and to go from there,” he says.

Mentors often show their mentee around campus and introduce them to new people. They may share advice on which courses to take and organizations to join, ways to effectively manage time, and how to deal with the more challenging aspects of the freshman transition. They also make themselves available to answer any questions their mentee may have.

a student mentor during his first year at ONU. Now he’s happy to help others. “The freshman year can be stressful and overwhelming,” he says. “The mentoring program brings a more relaxed approach to starting college. It also breaks down barriers between first-year students and upperclassmen.”

Meshayla Moyer, a junior management major from New Washington, Ohio, appreciated the persistence of her mentor, Jessica (Kyttle) Ford, BSBA ’11. She ignored her mentor’s initial attempts at outreach because she felt anxious about what to expect. But her mentor didn’t give up, and eventually Moyer agreed to meet with her, a decision she never regretted.

“It clicked with me that I had met someone who cared and could really help me,” she says. “She gave me some great advice about my schedule and introduced me to people.” Moyer and Ford forged a friendship that continues today.

This fall, Moyer signed up to mentor two first-year students. She plans to take a cue from her former mentor and be persistent. “The student mentor program promotes camaraderie and friendliness in the business college,” she says. “I had such a wonderful experience with my mentor, and I want to give that experience to others."

Rob Rudary, a senior accounting major from Independence, Ohio, received beneficial guidance from At right, Rob Rudary and his mentee Brent Wolfzorn (left).

Top left, Shayla Moyer (middle) and her mentees Leah Bender and Amber Dailey.

Business Exchange

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Tax Levies and Impact on Voters

By David McClough

The Ohio Revised Code (ORC) grants authority to tax to entities including but not limited to: school districts, county health departments, zoos, park districts, and libraries. In some instances, the Boards of Directors of these entities are not elected and, in at least once instance, a levy can be placed on the ballot without approval from elected officials. One might applaud any effort to seize local taxing authority as a positive step away from centralized authority incapable of addressing the idiosyncratic preferences of localities. However, voter-approved levies may well result in a greater overall tax burden that reduces the taxing jurisdiction’s competitiveness and ability to attract job-creating investment. Moreover, levies violate key principles of just taxation. Reforming the levy system can promote greater fairness and improve the allocative efficiency of resource.

The legitimacy of government is accepted by all except anarchists, and tax revenue funds government.

Even Adam Smith recognized the need for government to provide essential goods and services snubbed by buyers and producers pursuing their self-interest in the marketplace.

True public goods deliver benefits

in excess of the costs to produce, but no individual or firm has the incentive to produce the good. This is the void that government fills. An economics theory of representative democracy, therefore, asserts that voting expresses satisfaction with the provision of public goods in exchange for a given tax burden. As such, elected officials choose what to fund, and if the allocation of resources is deemed satisfactory, re-election is likely. In contrast, voter-approved levies insulate elected officials from any accountability for revenue raised by levy.

An overall higher tax burden and reduced competitiveness of the jurisdiction is the expected consequence of local taxing authority.

Levy campaigns are likely to be successful due to a phenomenon referred to as the collective action problem. Consider, for example, a levy to finance the operations of a zoo. The levy proceeds accrue to the zoo, and the tax is spread across the population so the zoo stakeholders have a greater incentive to favor the levy than the opposition has to resist.

As such, the zoo will use a portion of its operating budget to finance a levy campaign. In contrast, taxpayers have no operating budget from which

to mount opposition. Due to the majority-voting rule, levies are likely eventually to pass because voters expecting to enjoy a large and positive net benefit are more motivated to vote than voters expecting a small net loss from the levy. In this way, an organized minority prevails over the majority, which seems quite undemocratic.

Economists are fond of saying that people respond to incentives.

Although not an absolute truth, the notion that people generally respond to incentives is instructive. Consider, for example, zoo managers facing higher operating costs. The managers can devise a business solution, such as cutting costs or innovating, to attract more patrons or to justify higher prices. Alternatively, managers may choose to pursue a levy to acquire additional revenue. Cost cutting is unpleasant, and innovation is difficult and risky. In contrast, a levy is fairly easy to place on the ballot.

Because the levy represents greater expected reward with less risk, pursuit of a levy will always be the first choice.

Levies empower organized minorities and may result in a relatively higher tax burden that threatens economic well-being. A higher overall tax burden

constrains the ability of elected officials and economic-development representatives to attract job-creating investment. Wholly unobservable, yet utterly more nefarious, are the consequences of misallocated resources resulting from successful levies. Consider how decades overfunding fire and police protection, parks, libraries, and zoos reduce discretionary household income.

Alternatively, consider the tax revenue tied up in underutilized equipment, facilities and manpower that could be consumed by households or invested by firms in a competitive market environment that punishes inefficiency and incompetence rather than rewarding it with more tax revenue.

Before presenting a solution, it may be useful to review two principles of taxation: the ability-to-pay principle and the benefits-received principle.

Consider a toll road that crosses the state. The road reduces transportation costs that may well benefit all state residents, but drivers using the road benefit more. Accordingly, some portion of the cost of the road is appropriately funded by taxpayers, but an additional toll is collected from users, many of whom are not even residents of the state. In contrast, there are some government services that serve those with limited or no ability to pay. In these situations, society opts to provide a basic level of human dignity to individuals unable to provide for themselves. To be

consistent with these principles, it seems that a more just and efficient approach requires beneficiaries, including users when possible, to incur more cost associated with the accrued benefit.

funding of these entities is not well suited to voting. Accordingly, funding beyond the minimal level needs to be returned to the private sector so the ability to pay and benefits received principles prevail.

As an alternative to levies, I propose that accountability for the use of tax dollars be returned to elected officials so taxpayers, as voters, can evaluate how tax revenue is allocated.

However, the benefits-received principle of taxation suggests that when possible, it is more just and efficient to impose the cost on those who benefit, so I would advocate that government funding be (very) limited to encourage various entities to control costs and to develop innovative business solutions to funding. The key to fairness is to ensure that, beyond some minimum standard, only beneficiaries are funding the organization. Under the levy system, zoo managers are able to impose costs across the entire population, so a vote in favor of the zoo comes with a proportionately lower cost to vote in favor. However, if the system was set up such that only those who voted in favor of the levy incurred the cost, it is very likely the measure would not pass.

Indeed, we would expect lower voter turnout as voters elect to free ride on the generosity of others. Clearly, this system would result in underfunding, and society would be worse off. As this essay has now demonstrated,

The solution to funding challenges beyond the minimal level provided by government is voluntary private contributions. Fairness and efficiency will improve if zoos, parks and other entities have to generate additional revenue from those who benefit from the service provided. Earlier this summer, the director of the Toledo Zoo suggested that the Toledo Museum of Art has benefactors so it does not need taxpayer support. I beg to differ; the Toledo Museum of Art has benefactors because it cannot rely on the possibility of a levy for funding. Accordingly, the management of the museum must be vigilant in its assessment of programming and services to make sure that its beneficiaries value the allocative choices. In contrast, zoo management is accountable to no one, which means that many costly initiatives persist. Competing for private sources of funding addresses the key principles of taxation and forces organizations to make decisions that improve efficiency. Reforming the ORC to address shortcomings of the current levy system would, therefore, benefit taxpayers in terms of both efficiency and justice.

About David McClough David McClough, assistant professor of economics at ONU, lives and breathes economics, even when he’s away from the office.

“There is no ‘away’ from the world of economics. If I’m not in the classroom, I am working on research,” he says.

This tireless obsession has led him to publish a number of op-ed pieces and letters to the editor in a various publications around the country. “I choose to write pieces that are intended to either offer context or raise an issue,” he says. These pieces have included an editorial about the Federal Reserve’s experiment with “quantitative easing” and a series of articles

challenging a proposed levy.

As a professor, McClough presents basic tools and skills that his students can use to evaluate competing perspectives and proposed solutions to social, political and economic challenges.

His goal, then, is to have his students recognize how to apply these skills throughout their lives as

voters, spouses, parents, and business and civic leaders.

Originally from Chicago, McClough earned his BA from Vanderbilt University and his Ph.D. from the University of Southern California. Prior to coming to Ohio Northern University, he taught at Bowling Green State University.

Business Exchange

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Faculty Profile Two very different kinds of marriages have made quite in impact on the career of Paul Govekar, associate professor of management.

For starters, he came to Ohio Northern University purely because of his wife, Michele, after following her from state to state as she pursued a teaching career.

It wasn’t always Paul doing the following.

During his 25-year career with the U.S. Army, the Govekars made frequent moves across the U.S. and Germany. In doing so, Michele had to be flexible and patient when pursuing employment. This all changed when he retired from the Army in 1992.

“At that time, I told my wife that because she had followed me around the world for 25 years, I would follow her for the next 25,” he says.

When Michele became a professor of management at Ohio Northern University in 1997, Paul decided to follow suit.

“I had to wait for an appropriate opening to appear at Ohio Northern,” he says. “So I taught at the business college for several years as an adjunct while I was waiting.”

A position became available in 2004, and the Govekars have worked together ever since.

The second career-altering marriage occurred in spring 2009, when ONU President Kendall L. Baker asked him to become ONU’s NCAA faculty athletic representative, joining Paul’s love of teaching with sports.

“I’m not an athlete, but I’ve always been interested in athletics. So, I think that it was probably a good fit,” he says.

As the faculty athletic representative, Paul acts as the liaison between University faculty and athletic department.

“I get involved if athletes feel that they are not being treated fairly by their professors because they’re athletes,” he says.

ONU has a policy in place that gives students time away to represent the University for performances, which include athletic contests. Sometimes, Paul explains, students and faculty have simple misunderstandings.

“We have amazingly few problems between athletes and faculty members. I deal with two or three a year,” he says. “The faculty does an excellent job overall. Almost all the situations I get involved in are miscommunications.”

These miscommunications have to do with things like absences, leaving class early for practices, or getting deadline extensions for papers or projects.

In addition, Paul advises the ONU president on athletic matters. He attends OAC meetings twice a year and the NCAA’s annual meeting each January. Along with the other faculty athletic representatives from the OAC, he helps oversee the Academic All-OAC teams and the Clyde Lamb Scholarship Award for the top senior male and female student-athletes from each of the 10 schools.

There’s a good deal of administrative work involved with his job, too. “I sign off on the eligibility of all athletes for every season,” Paul says. “I sign off on all medical waivers, redshirts, and things like that. Three or four times a year, I go to the registrar’s office and go over the eligibility roster for every team,” he says.

In the classroom, Govekar harnesses his athletic knowledge to explain business concepts.

“If I have a class of 30, there will probably be 15-20 students that are on one athletic team or another. Even students who are not on teams currently probably have played sports at some time in their lives,” he explains.

“So using a sport metaphor works for almost all my students. It’s a very good vehicle.”

The Govekars live in Kenton, Ohio – “the longest we have lived anywhere in our adult lives” – and have two adult children. In his free time, Paul enjoys playing golf and woodworking. An avid sports fan – and native of the Chicago area – he’s a dedicated fan of the White Sox, Bears and, to a lesser extent, Bulls.

New Faculty & Staff

Dr. Dong Hyun Kim Assistant professor of finance

Dr. Dong Hyun Kim received his Bachelor of Science in business administration from Seoul National University, his Master of Arts in economics from Oklahoma State University, and his Ph.D. in finance from the University of Oklahoma’s Price College of Business.

He has professional business experience in Korea, being employed professionally by Kookmin Credit Corporation.

Kim’s teaching experience includes teaching the required financial principles course in the bachelor’s program at the University of Oklahoma.

He received recognition for excellence in teaching as a graduate student. Kim’s research interests lie in corporate finance, banking and governmental financial policy.

Dr. Matthew Kutch

Matthew Phillips

Stephanie Scoles

Assistant professor of economics

Assistant professor of accounting

Senior administrative assistant

Dr. Matthew Kutch received his bachelor’s degree in economics from Central Michigan University, his Master of Arts in economics from North Carolina State University, and his Ph.D. in economics from North Carolina State University. Kutch is an experienced teacher who has been recognized for his teaching quality. He taught as a graduate student at North Carolina State and as a visitor at Elon University and Xavier. Throughout his career, he has taught Managerial and Microeconomics, Environmental Economics, and Agricultural and Resource Economics. Kutch’s research interests focus on the health care sector, including mental health economics, Health Production and Health Measurement. He has presented his research at international conferences including the American Institute of Higher Education’s International Conference.

Kutch is a member of the American Economic Association and Economists for Peace and Security.

Professor Matthew Phillips received his bachelor’s degree in business administration from the University of Cincinnati, majoring in accounting, and his MBA from Pennsylvania State University. He is a licensed certified public accountant in Ohio. Phillips has extensive accounting and finance experience, including basic audit experience at a Big 4 accounting firm to all phases of accounting and finance, including vice-presidential authority, at Fortune 100 companies. Phillips has prior teaching experience in accounting and finance. He will be teaching in the College of Business Administration’s undergraduate program, including the accounting principles courses, Auditing and Accounting Information Systems. Phillips’ professional affiliations include the Institute of Management Accountants, Financial Executives International and The Manufacturers Alliance.

While working in human resources for the automotive industry for more than nine years, Stephanie Scoles, senior administrative assistant, saw lots of ups and even more downs because of the economy.

She was ready for a change.

“Making the decision to come to ONU has been a great one,” Scoles says. “This position allows me to be a working mother. I still put in a normal 40-hour workweek, but I don’t take any work home with me, and there’s still daylight when I get there.”

Scoles received her bachelor’s degree in human resources from the University of Findlay.

Outside the office, she’s what you would call a typical soccer mom, busy with afterschool activities. She and her husband, Jeremy, have three children: Skyler, 8, Samantha, 6, and Owen, 3.

Business Exchange

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Experiencing South Korea Three ONU business students spent four weeks this summer studying at Hanyang University in South Korea.

They traveled with eight other ONU undergraduate students from Arts & Sciences, Engineering and Pharmacy, some of whom received fellowships to participate in the Hanyang University Summer Program for 2011.

Hanyang University in Seoul is one of the leading private universities in Korea, with an undergraduate student population of approximately 32,000.

Jasmine Coleman, a senior international business and economics major from Canton, Ohio, Jacob Schwab, a senior international

business and economics major from Willard, Ohio, and Sam Jones, a junior marketing major from Continental, Ohio, share their stories below.

Jasmine Coleman My experience was absolutely wonderful from beginning to end. I enrolled in a Model United Nations course taught by ONU’s own Dr. Kofi Nsia-Pepra. Jacob Schwab and I were the only American students in this particular class, and it immediately became apparent that classroom protocol is very different in other corners of the world. This course opened my eyes to how

people outside of the U.S. see the world and how our perceptions as Americans are often clouded by “rose-colored glasses.” I learned a great deal from my non- American colleagues on how to approach conflict, as well as life in general, in a more systematic and nontyrannical way.

My most exciting adventure was to the Cheongyye River. My roommate, myself and a couple of friends embarked on an exploration of Seoul, our first major adventure on our own. We hit the ground running and full of optimism to find the beautiful Cheongyye River we had all read so

From left to right: Sam Jones, Jasmine Coleman and Jacob Schwab

government. Also, I would really like to visit more countries that are different from the U.S. Originally, I wanted to visit countries with similar views and similar culture, but experiencing the Korean way of life really opened my eyes to how overly focused we can be sometimes on our own way of life.

Sam Jones

much about. We started out with a sense of fearlessness because we equipped ourselves with a map and a plethora of languages (English, Malay, Turkish, Dutch, German and Japanese). But our adventure soon turned into complete chaos and ongoing laughter! As you probably noticed, the above listed languages do not include Korean. What should have been a 40-minute trip and two subway lines became a daylong journey. That day will forever be one of my favorites because I not only developed a close bond with new friends, but also really had an opportunity to see Seoul. I explored dark alleys, ate street food, learned to navigate the subway, watched street dancers and joined the hustle and bustle of the city.

Through this experience, I grew into a calmer and more independent young adult. Having established friendships with amazing individuals from all around the globe, I find myself approaching everyday life in a more appreciative and giving way. I’ve always thought myself to be culturally aware, but my time in South Korea changed me immensely. Because I wanted a better understanding of what makes non-American’s tick, I spent very little time with my fellow Americans and more time with students from Europe and Asia.

Thus, I learned about the Korean people and the nation’s evolution into a dominant global government.

I explored the teachings of Islam and Bahai, ate Halaal and drank Soju, bought beautiful garments of clothing, mastered chopsticks, and saw beautiful architecture. Most

importantly, I learned to simply love life and find its hidden treasures.

Due to this trip, I plan to explore a career in international law. I have been inspired through long discussions on government and humanitarian issues in the global community. This life-changing experience not only motivated me in ways that I cannot put into words, but also has inspired me to leave a positive legacy.

Jacob Schwab The Model United Nations course turned out to be one of my most memorable experiences. Having the opportunity to stand up in front of 30 people that I did not know and give a presentation on global issues was amazing. Hearing points-of-view from students from other countries was a great experience. I got to see how people from other nationalities felt about issues that affect all of us.

My trip to the DMZ (Korean Demilitarized Zone) was amazing.

Seeing the North Korean guards facing off with South Korean guards was something I will never forget. The tension in that area was unmatched by anything I have ever seen before.

I truly enjoyed meeting students from different countries and hearing their stories about growing up in a place other than the U.S. I learned a lot about how other nationalities feel about the American people and the American government. Many people that I met changed my perception about their culture and traditions.

My experiences this summer sparked my interest in finding a job with the

While at Hanyang University, I took International Marketing, International Business and tae kwon do classes.

Tae kwon do classes class was definitely a highlight of my trip. The professor was a ninth-degree black belt and one of the nicest people I’ve ever met. I also went on a few trips with a group of international students, including a day trip to Lotte World (the Korean version of Disney World), and a weekend trip to the Boryeong Mud Festival. For an entire weekend, the village of Boryeong is taken over by mud, which is supposed to be therapeutic and good for the skin.

My most challenging adventure overseas was trying to order food. I’ve never been in a place where I didn’t speak the native language, and it was difficult trying to order off menus I couldn’t read and trying to talk with waitresses who only spoke Korean.

Every day this posed a challenge, but I learned some key phrases along the way that made that process much easier.

I learned so much about myself and the world in general while overseas.

I learned just how massive the world is and how there are so many helpful people. I never would have imagined that I could go to a foreign country and feel so accepted and have so much help from strangers that spoke a different language. It was just astounding to see how friendly everyone was, and I learned a lot about myself in the process.

Studying abroad has opened my worldview so much. I now plan on traveling back to Korea after graduation. Studying abroad has enabled me to pick up an international business and economics minor, which will only enhance my résumé.

Business Exchange

21

College News & Events

Golf outing raises $12,000 for scholarships

The College of Business Administration’s third annual scholarship golf outing and fishing charter was held July 24, 2011, at the Catawba Island Club in Port Clinton, Ohio. The weekend event, hosted by Paul Carbetta, BSBA ’90, and his wife, Leah; Larry, BSBA ’71, JD ’75, and Becky (Wyatt) Boord, BA ’75; and Paul Kramer, BSBA ’76, ACIT ’05, and his wife, Pam, was a success with 48 golfers and eight people participating in the fishing. The team captained by Phil Caris, BSBA ’82, claimed the first-place prize in golf. Paul Carbetta’s team finished second, and Paul Kramer’s team placed third. University friend Chris Beck won the biggest-catch fishing prize after hauling in a 27-inch walleye.

The event is designed to raise scholarship money for business students. The net amount has grown each year; this year’s total for scholarships approached $12,000.

Major sponsors for the event included Jeff Gillson, BSBA ’82, with Gillson Financial, Paul Carbetta with Ameriprise Financial, Larry and Becky Boord with Boord and Associates, Paul Kramer with City Laundry, and Jason Duff, BSBA ’05, with Community Storage.

Next year’s event is scheduled to take place at the same location on July 30, 2012.

A save-the-date card and more information will be mailed soon. For more information about how to help support the event next year, please contact Dacy Wilcox, director of development, at 419-772-4022 or d-wilcox.1@onu.edu

honor code ceremony The College of Business Administration conducted its student honor code ceremony for incoming freshmen on Tuesday, Sept. 6, 2011. David Crago, ONU’s interim vice president for academic affairs and dean of the Pettit College of Law, presided over the ceremony.

The honor code details the college’s commitment to developing global leaders by instilling the values of integrity, leadership, teamwork, continuous improvement and community service. A committee of two business professors and four students formulated the code, which was formally approved by the business faculty in September 2009.

“The College of Business Administration, as part of the academic community at Ohio Northern University, is values-based and commits itself to developing graduates who are respectful, responsible, truthful and committed to doing what is right with respect to people and society,” said James Fenton, dean of the College of Business Administration. “The honor code reinforces the fact that we are a values-based institution of higher education.”

Business College advisory Board George Atkinson BSBA ’72 Senior Vice President 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 UC/ Sagemark Consulting 28601 Chagrin Blvd., Suite 300 Cleveland, OH 44122 Deeann (Turner) Beatty BSBA ’91 Bank Examiner Federal Reserve Bank of Cleveland East 6th St. & Superior Ave. Cleveland, OH 44144 Shawn A. Bogenrief BSBA ’82 Partner/Director Gardner & White 5925 Wilcox Place, Suite D Dublin, OH 43016 Larry Boord BSBA ’71, JD ’75 Principal Jacob, Haxton & Boord LLC 100 W. Old Wilson Bridge Rd. Worthington, OH 43085

Paul Carbetta II BSBA ’90 Financial Advisor Ameriprise Financial Services Inc. 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 Jason Duff BSBA ’05 Founder and CEO Community Storage & Properties Ltd. 9016 State Rt. 117 Box 151 Huntsville, OH 43324 Jeff Gillson, CLU, CFP BSBA ’92 Financial Services Professional New York Life 1336 Woodman Dr., Suite 100 Dayton, OH 45432 Patricia Maslen-Goeke BSBA ’82 President and CEO Nomadic Display 5617 Industrial Drive, Suite E Springfield, VA 22151

Mark A. Henschen BA ’77 President Minster Bank 95 W. 4th Street Minster, OH 45865 Betty Kemper President The Kemper Company 10307 Detroit Ave. Cleveland, OH 44102 Carol (Applegate) Kline BSBA ’86 Executive Vice President and Chief Information Officer TeleTech Holdings Inc. 9197 S. Peoria St. Englewood, CO 80112 Anmarie S. Gladieux-Kolinski BA ’94, BSBA ’94 Executive Vice President and Chief Financial Officer Harbor Capital Advisors Inc. 111 S. Wacker Dr., Suite 3400 Chicago, IL 60606 Paul Kramer BSBA ’76, ACIT ’05 President Kramer Enterprises 116 E. Main Cross St. Findlay, OH 45840 Rob Lydic BS ’97 President Layer 1 Design 903 S. Latson Rd. #228 Howell, MI 48843

Jay Molter BSBA ’81 Senior Vice President Marketing and Sales Glasstech Inc. Ampoint Industrial Park 995 Fourth St. Perrysburg, OH 43551 Deann (Fishpaw) Newman BSBA ’83 Partner Deloitte Tax LLP 200 Renaissance Center Detroit, MI 48243 Sheri L. (Schweitzer) Stoltenberg BA ’81 President and CEO Stoltenberg Consulting 1013 Christine Place Bethel, PA 15102 Dennis Stripe BSBA ’79 President and CEO OrthoHelix Surgical Designs Inc. 1065 Medina Rd., Suite 500 Medina, OH 07401 Mark White BSBA ’85 President Vancrest 120 W. Main St., Suite 200 Van Wert, OH 45891

The Inn at Ohio Northern University 419-772-2500 or www.innatonu.com

525 S MAIN ST ADA OH 45810-9989

Give Back!

There are many ways you can support The James F. Dicke College of Business Administration.

Here are just six…

1. Assist with network opportunities and internships for students.

2. Refer a potential student to the college.

3. Speak to a class about your career or company.

4. Join our groups on Facebook to keep up with news and promote the college through your network.

5. Come back to campus to support one of our many functions.

6. Give annual support. A stronger alumni participation rate means more opportunities for our students, contributes to better rankings, and adds to the overall value of your degree.

Creating Tomorrow’s Leaders.

Ethical. Entrepreneurial. Engaged.

For more information about any of these suggestions, please visit www.onu.edu/ business or contact Dacy Wilcox, director of development, at 419-772-4022 or d-wilcox.1@onu.edu