Summer/Fall 2018
Success Driven by Culture
BUSINESS
What drives our alumni’s good fortunes?
INSIDE VSB / P16
Three VSB Centers celebrate 10 years of growth
STUDENT / P20
Megan Quinn ’17 VSB, ’18 MSF is playing to win
MISSION / P22
Making a difference one ticket at a time
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The Helen and William O’Toole Dean Joyce E. A. Russell, PhD
Director of Communication and Marketing Cathy J. Toner, JD
Editor and Assistant Director of Communication Shannon M. Wilson
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Contributors Emily G. Brown ’19 VSB Anthony DePaul ’17 MSF Becca Gleeson ’20 VSB Lauren Higgins Kate Lowe Ian MacPherson ’20 VSB Julie Snitzer ’20 VSB Brad Warmhold Meghan Winch ’15 MA
Design and Production Matthew Schmidt Design
FEATURES 2 FEATURE STORY
Principal Photography Ed Cunicelli
Success Driven by Culture
6 FACULTY FOCUS 8 INSIDE VSB 16 CELEBRATING 10 YEARS OF GROWTH 20 STUDENT SPOTLIGHT Megan Quinn ’17 VSB, ’18 MSF
22 MISSION SPOTLIGHT GI Tickets Foundation
23 ALUMNI SPOTLIGHT Guelmana Rochelin ’03 VSB
24 FACULTY SPOTLIGHT Aronté Bennett, PhD
26 DONOR SPOTLIGHT Giving Gets Real for Michael Scully ’70 VSB
Villanova Business is published semiannually for alumni and friends of the Villanova School of Business. It is available in print or online at business.villanova.edu.
Send comments and questions to: VSBCommunicationsandMarketing @villanova.edu. Villanova Business 800 Lancaster Avenue Villanova, PA 19085-1678 610-519-5424 business.villanova.edu Follow us: @VU_Business @VSB_Dean @VillanovaBusiness Villanova School of Business Villanova School of Business
Dean’s Update It continues to be my honor to serve the Villanova School of Business as the Helen and William O’Toole Dean. In my second year at the University, I have continued to glean so much from our stakeholders—our extraordinary students, alumni, faculty, staff and friends of VSB. With those learnings in mind, and with support from the University’s strategic planning process, we have kicked off our own strategic planning process starting with the hiring of Terrill L. Drake as our new associate dean of Strategic Initiatives. We are so fortunate to have him on our leadership team to propel VSB forward at the national level. I invite you to read about our outstanding students and faculty in this edition of Villanova Business. This issue features award-winning faculty members and inspiring students, all using their VSB experience to make their positive impact in the business world.
Our students also distinguish themselves as scholars, including Susana Lacouture ’18 VSB and Brady Acton ’18 VSB, who were named as two of the 2018 Best & Brightest Business Majors by Poets & Quants, and Matt Kennedy ’18 VSB, who was recognized with the NCAA ELITE 90 Award. Read more about their accomplishments starting on page 8. And our alumni, like Guelmana Rochelin ’03 VSB, carry the values they learned at Villanova out into the world. On page 23, read about how Rochelin applies business acumen and compassion to better the lives of those in her home country of Haiti. VSB develops business leaders for a better world. We are in the business of training future leaders to excel and inspire. I am honored to serve that mission as your dean.
Our feature article tells the story of how VSB’s intrinsic culture prepares our students for success after graduation. Read more about the ways we achieve these extraordinary metrics on pages 2–5. Our faculty includes the likes of Aronté Bennett, PhD, associate chair, Marketing & Business Law, who is not only igniting change at Villanova, but also in the Philadelphia business community. Read more about Dr. Bennett’s achievements on pages 24–25.
Joyce E. A. Russell, PhD The Helen and William O’Toole Dean Professor of Management Villanova School of Business
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SUCCESS DRIVEN BY CULTURE
What drives our alumni’s good fortunes? Many say the answer lies in the culture at VSB.
98%
Year after year, more than of Villanova School of Business undergraduates report successful placements within six months of completing their degrees.
Illustration: Š2018 Keith Negley c/o theispot.
FEATURE STORY
For students, parents and faculty, the completion of a college education typically leads to the inevitable question:
What’s next? Fortunately for Villanova School of Business graduates, the answer has been consistently positive. In every year of this decade, more than 98 percent of VSB graduates reported successful placements1 within six months of graduation. Even during the 2007–2009 economic downturn, VSB undergraduate outcome rates remained high, especially among those pursuing jobs. In fact, between 2007 and 2017, the average starting salary for VSB graduates rose from $49,425 to $62,879. In 2017, recent graduates nationwide earned an average of $51,022.2
It’s not only about the number of students finding jobs; it’s also about the quality of the opportunities. More and more, VSB graduates are starting their careers with leading employers such as Goldman Sachs, Johnson & Johnson, Google and Ogilvy, to name a few—many in positions that offer meaningful potential for upward mobility and long-term career success. Plus, employers don’t settle for just one VSB student; they hire multiple. In 2017, nearly a quarter of employers hired more than one VSB student.3
Positive Outcomes VSB students reporting successful placement within six months of graduation.3
97.8% 97.5% 96.0% 96.7% 97.7% 98.4% 99.3% 98.5% 98.4% 98.1% 2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
98.1% 2017
The Recruiting Landscape Employers consider a variety of factors when identifying target schools for recruiting undergraduates. It starts with awareness of the university, explained Kevin Grubb, executive director of the University Career Center and assistant vice provost for Professional Development. In 2016, Villanova became reclassified as a national research institution by the Carnegie Foundation, which determines the classification of universities nationwide based on the number of PhDs a university graduates. In 2017, Villanova earned a spot among the top 50 universities nationally as identified by U.S. News & World Report and ranked No. 17 among the top universities for undergraduate teaching. “Rankings raise the visibility for a university among employers,” explained Grubb, who also emphasizes that much more underlies the reasons why employers recruit from certain schools. In many cases, recruiters examine the job performance of recent graduates.
According to feedback from focus groups, employers say that Villanova graduates match their peers from other leading institutions in terms of technical know-how but they distinguish themselves in two areas: professionalism and longevity. These groups, which included employers from financial services, health care, accounting, engineering, nonprofits and other industries, also recognized Villanova alums for problem-solving abilities, communications skills and collaboration. Plus, they find that Villanova alums stay longer than peers from other schools, which they attribute to work ethic and a strong sense of culture. These findings come as good news to those supporting VSB student outcomes, including Brenda Stover. As the executive director of the Charlotte and James V. O’Donnell ’63 Center for Professional Development within VSB, Stover leads a comprehensive strategy to help VSB students prepare for their future careers through planning, experiential learning and professional development activities.
1. Successful placement is defined as graduates who are employed, pursuing continuing education or engaged in other planned activities (including military service, volunteer/service work and those taking time off before pursuing opportunities). In 2017, 93.8% of VSB undergraduates reported employment. 2. Source: National Association of Colleges and Employers Fall 2017 Salary Survey. 3. Source: Villanova University Career Center Post-Graduate Outcomes.
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FEATURE STORY
“This alignment of values and culture benefits students and employers in many ways,” she said. While students find an environment that appreciates their skill sets, employers add talented professionals who tend to foster community and stay longer. However, recognizing this common ground doesn’t happen automatically, especially when recruiters are dealing with multiple universities at a time. “Employer relationships often begin with a strong advocate for Villanova,” explained Stover. “Alumni and parents are usually in the best position to approach their recruiters and make the case for why Villanova students will serve the organization well.” While an endorsement starts the conversation, the University Career Center and the O’Donnell Center know it takes more to show employers why and how Villanova students will fit their needs. In fact, it requires a community-minded, collaborative approach to build relationships between students and employers that turn these needs into positive outcomes.
Creating Favorable Outcomes The O’Donnell Center and the University Career Center partner with groups from across campus as well as alumni to support more than 100 professional development and career events annually—all to help students and employers connect in meaningful ways. Students can attend an interview workshop with executives working on Wall Street; a panel discussion with women in leadership roles; a conference on the changing landscape of sports in the digital age; and a panel on career paths in fashion.
The O’Donnell Center and the University Career Center facilitate these connections off-campus as well. As early as freshman and sophomore year, students can visit New York for an “Intro to Wall Street,” including a tour of a trading floor and a networking reception with alumni working at a major financial institution such as Bank of America Merrill Lynch. Also, with support from VSB’s Center for Marketing and Consumer Insights (CMCI), students can participate in an annual Corporate Immersion experience and spend two days inside a top marketing and media organization such as Viacom, NBCUniversal, Turner Entertainment or IPG Mediabrands. Arranged by senior marketing executives who serve on the CMCI Advisory Council, this annual event gives students firsthand exposure to the marketing industry—something these alumni gladly support, explained Julie Pirsch, PhD, associate dean of Teaching & Learning. “While Villanovans are naturally motivated to give back,” said Dr. Pirsch, “our alumni want to work with VSB students because they arrive on day one prepared for the business world and ready to work hard.” Fostering that sense of community underlies much of the work around professional development and employer relations at VSB. For example, when interest in management consulting started growing at Villanova three years ago, many faculty members—including Stephen J. Andriole, PhD, the Thomas G. Labrecque Professor of Business Technology and the faculty advisor to the student-led Villanova Consulting Group—recognized the need to prepare students for the rigors of a consulting career.
S U C C E S S D R I V E N B Y C U LT U R E
98% VSB OF
undergraduates report successful placements within six months of completing their degrees.
TOP
50 Between 2007 and 2017, the average starting salary for VSB graduates rose from
$49,425 to $62,879.
Villanova earned a spot among the top 50 universities nationally as identified by U.S. News & World Report.
VU graduates distinguish themselves from their peers in professionalism and longevity.
Employers don’t settle for just one VSB student. In 2017, nearly 25 percent of employers hired more than one VSB student.
FEATURE STORY
“When the students engage corporate clients as they do every semester in actual consulting projects, we have an obligation to ensure that Villanova students perform well for their sake as much as the University’s reputation with these employers,” explained Dr. Andriole. To address these needs, the University Career Center and the O’Donnell Center partnered with the Villanova Consulting Group (VCG) to reach out to McKinsey & Company, Bain & Company, Boston Consulting Group and other leading firms to initiate professional development conversations. It led to the first-of-its-kind (and now annual) consulting panel featuring alumni within the consulting industry and compelled these firms to engage further with VSB. Last year, the VCG, O’Donnell Center and the University Career Center developed a mentorship program where alumni help students prepare for the notoriously intensive case study component of the interview process at consulting firms. The efforts paid off. Several mentees received offers for either an internship or a full-time position with leading consulting firms. In other cases, employers want to tap into the Villanova community not only to find talent but also to meet business needs. In early 2018, global advertising and marketing firm Young & Rubicam worked with the O’Donnell Center, the University Career Center, and the College of Liberal Arts and Sciences to hold Villanova’s first-ever “Idea Hack.” For this case competition, students had 24 hours to develop a fully formed digital, social media or live action pitch for one of Y&R’s clients. For students, it was an opportunity to gain some professional experience, and for Y&R, it was a chance to tap a new source of ideas while giving potential hires a test drive. In the end, the winning students earned a guaranteed interview at Y&R for a paid fellowship.
Other firms have approached VSB to build a “talent pipeline.” Last spring, the O’Donnell Center and the University Career Center worked closely with WildFig, a data and analytics consulting firm, to create a remote-access internship where VSB students were hired to conduct research to support client assignments without leaving campus. The idea was initiated by WildFig President John Bassounas ’99 VSB, who saw the benefit for his firm and the students. “This [arrangement] helps students gain experience and it enables us to cultivate talent,” Bassounas shared.
“The VSB students have met our expectations in many ways. They were well-prepared, presented well and delivered work that was substantive. Most impressive was their interest in feedback and their desire to improve.” –John Bassounas ’99 VSB
Often students’ interests lie with niche businesses and nonprofits where no formal recruiting efforts exist. These cases call for more individualized solutions—often by locating alumni working in these fields to mentor students toward the right path to meet their goals. In fact, the O’Donnell Center and the University Career Center see it as their mission to foster positive outcomes for students in any possible direction. “Students make a sizable investment in their education,” added Stover. “We have a responsibility to ensure that they are well-positioned for success.” \v/
“ In 2018, gobal advertising and marketing firm Young & Rubicam worked with VU to hold the first-ever “Idea Hack.”
Our alumni want to work with VSB students because they come polished and prepared for the professional world and that’s what matters.
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Julie Pirsch, PhD Associate Dean of Teaching & Learning
MORE THAN
100 As early as freshman and sophomore year, students can visit New York for an “Intro to Wall Street.”
annual professional development and career events help students and employers connect.
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FACULTY FOCUS
Faculty and Staff Achievements VSB boasts world-class faculty and staff members who are both nationally and internationally renowned. With more than 90 percent of VSB’s faculty holding a PhD or the highest degree in their discipline, they excel across the board—in research, instruction and innovation. They are media-savvy professionals who regularly provide insightful commentary on business issues. Our innovative staff helps create VSB’s unparalleled learning environment in the world of business education, and many have presented at conferences to share how VSB develops business leaders for a better world.
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Villanova Business Summer/Fall 2018
Michael Pagano, PhD The Robert J. and Mary Ellen Darretta Endowed Chair in Finance Receives Villanova University Outstanding Faculty Research Award This is the highest award bestowed to a Villanova faculty member for outstanding accomplishments in scholarly research. Given the tremendous quality of academic research undertaken throughout Villanova’s campus, this award clearly reflects Dr. Pagano’s exceptional scholarship. “I am deeply honored to receive this recognition given all the great scholars at Villanova who have received this award in the past,” said Dr. Pagano. “This honor is due greatly in part to my co-authors and colleagues, both at Villanova and other institutions, for all the help, encouragement and knowledge they have shared with me over the years, and I am greatly appreciative for their support.” In recognition of these accomplishments, he has received a number of professional awards, and in 2010, he was named The Robert J. and Mary Ellen Darretta Endowed Chair in Finance.
FACULTY FOCUS
Kim Cahill
Marie Witman
Director, Moran Center for Global Leadership, Selected to Present at International Conference
Associate Director of Program Operations Recognized with the Villagnome Award
Cahill was chosen by NAFSA: Association of International Educators to present at their annual conference due to her groundbreaking work developing ethical and responsible global leaders. Cahill collaborated with NAFSA and other colleagues to develop the day-long program, “Global Learning Business Colloquium: Applying a Systems Thinking Approach to Global Learning—Discerning the Complexity of the International in Business.” Her panel presentation with longstanding outreach partners from the World Affairs Council of Philadelphia and the U.S. Commercial Service demonstrated that developing ethical and responsible global leaders is a life-long learning process. “K-Grey” education and training for aspiring and practicing global leaders was highlighted throughout the presentation and demonstrated that it is only through these collective efforts, strategic partnerships and collaboration that we can effectively address this unique challenge in a complex and interconnected world.
Awarded by the University Staff Council (USC), the Villagnome Award recognizes staff members who perform exceptional acts for the good of the community. Marie Witman ’01 CLAS, ’13 MA was selected for motivating and engaging her colleagues to support various community outreach efforts and truly working in the spirit of Caritas. She said, “Receiving the Villagnome was an unexpected, pleasant surprise. As an alumnae, and having worked here for the last 12 years, I am both humbled and honored to have been nominated by my peers and recognized by the USC.” Witman is pictured with the fabled Villagnome, who travels to each recipient for a month after they are honored.
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INSIDE VSB
Susana Lacouture ’18 VSB ------------
Brady Scott Acton ’18 VSB
Poets & Quants for Undergrads
2018 Best & Brightest Business Majors Poets & Quants chose 100 students from around the nation who use their skills to impact business in creative ways and who are poised to be the future leaders of the business world.
Lacouture, from Houston, Texas, majored in Finance, Economics and International Business with a minor in French, and was a Global Leadership Fellow. She was the chief economics officer for Villanova’s Equity Society, a fundraising committee member for Student-Run Emergency Housing Unit of Pennsylvania, and a member of the French National Honor Society and National Society of Collegiate Scholars.
Acton, from Fort Lauderdale, Fla., was a Marketing major with a Philosophy minor. In his time at VSB, he began an investment-backed tech startup as a sophomore, created an AI platform currently used by Wharton School of Business, began his own nonprofit organization and has also created several apps. Acton was an NCAA Division 1 baseball player and recently named a Forbes Under 30 Scholar. .
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Villanova Business Summer/Fall 2018
INSIDE VSB
Lucy Finnegan ’18 VSB Earns Prestigious Fulbright U.S. Student Grant Lucille “Lucy” Finnegan, of Washington, N.J., graduated this spring with a Bachelor of Business Administration degree in Economics and a minor in English. A Presidential Scholar, Finnegan has served as a volunteer tutor in Philadelphia schools, performed outreach among her peers for Villanovans Against Sweatshops, and edited Villanova’s Polis Literary Magazine. Finnegan spent the spring semester of her first year studying in London. As a Fulbright English Teaching Assistant, she will teach English in secondary schools in South Korea. Upon completion of her Fulbright year, Finnegan intends to pursue a career in education.
The Thomas M. Mulroy Real Estate Challenge The Daniel M. DiLella Center for Real Estate hosted its 9th Annual Real Estate Challenge with a brand new name—The Thomas M. Mulroy Real Estate Challenge. Mulroy ’85 VSB, chairman and CEO of T-Rex Capital Group, LLC, has been a longstanding supporter of the Center and proudly named the annual challenge this year. He also jointly named a student-managed investment fund with Dan DiLella ’73 VSB to allow students to invest real funds across a spectrum of real estate investment vehicles. His support helps ensure an experiential opportunity unmatched in undergraduate real estate programs across the country.
30 The U.S. Department of State’s Bureau of Educational and Cultural Affairs recognized 30 Villanova University students and alumni in the 2018–2019 Fulbright U.S. Student Program. 2018 marks the largest single-year number of Fulbright awards in the University’s history.
VSB Connect
Re-launch You’re Invited to Join VSB Connect At VSB, you join a community for life. Learn more about alumni making a positive impact on the business community via VSB Connect’s new features that allow students and alumni to network with each other and highlight business success. To date, more than 200 alumni are featured on the site, with plans to continuously add more. Notable alumni include Chris Gheysens ’93 VSB, CEO and president of Wawa; Jim O’Donnell ’63 VSB, retired CEO of American Eagle Outfitters; and Scott O’Neil ’92 VSB, CEO of the Philadelphia 76ers, New Jersey Devils and Prudential Center. Visitors to the microsite can find these outstanding alumni, their LinkedIn profiles, their favorite VSB classes and memories, and even suggested reading. Sign up today at vsbconnect.org.
This year’s Mulroy Real Estate Challenge brought together students from universities across the nation who presented development recommendations for a Brandywine Realty Trust site to a panel of industry executives serving as judges. Jerry Sweeney, CEO of Brandywine Realty Trust, served on the judge’s bench before sharing his perspective on current industry trends and on the case’s Market Street project. .
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INSIDE VSB
Forbes Under 30 Scholars Selects 14 VSB Students Forbes Under 30 Scholars selects 1,000 students from the nation’s top schools and provides them free access to the publication’s Under 30 Summit, a gathering of the world’s top young entrepreneurs and game-changers. Twenty-eight Villanova University students—half of whom were VSB students—were selected as Forbes Under 30 Scholars and invited to attend the Forbes Under 30 Summit in Boston last fall. “At VSB, we nurture critical thinking and creative problemsolving in addition to many other highly sought-after skills in our students,” said Joyce E. A. Russell, PhD, The Helen and William O’Toole Dean of VSB. “The outstanding number of VSB students honored by Forbes highlights the strength of our academic programs and our overall commitment to student success.”
Forbes Under 30 Scholars James Braun ’18 MBA Brittany Enslin ’18 MBA Annette Frankowski ’19 MSA Jenna Gammer ’19 VSB Darius Guillory ’18 MSA Josh Jones ’18 MBA Bryce F. Kaler ’18 MBA Henry Lowe ’18 MBA Kristina Moses ’18 MBA Melissa Polin ’19 VSB Mishel Stearns MBA Zain Stedman ’18 VSB Dev Thaker ’18 MBA Henry Trinh ’19 MBA
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Villanova Business Summer/Fall 2018
INSIDE VSB
The Lucia Lecture Series
After 30 Years, Continuing to Enlighten the Villanova Community It’s been 30 years since Joseph L. Lucia, PhD, professor, Economics, could be seen making his way across campus and through Bartley Hall. After joining Villanova in 1966, he remained an influential figure in the field of economics late into his life, publishing such articles as, “The failure of the bank of United States: A reappraisal.” Because of his many contributions, VSB’s Economics department sought to honor him after his passing in 1987 by hosting an annual lecture series on public policy and economics in his name beginning that same year.
Since the series began, an all-star team of lecturers has spoken from a variety of backgrounds across a wide swath of economic ideologies.
{
James Buchanan Nobel laureate, American economist
Jeremy Siegel Russell E. Palmer Professor of Finance, The Wharton School
Paul Krugman Nobel laureate, American economist, New York Times columnist
Sir Angus Deaton Nobel laureate, British-American economist
Stewart helped craft a vision for the Lucia Lecture series in partnership with the Economics department. He felt the lecture series could enhance the Villanova community at large and wanted to position it as a differentiator for the University and its students. It provides students with, in his words, “something extra, an opportunity to hear from a renowned speaker in the economics field.” He hopes students get a lot of value out of it, and it has “exceeded my expectations in terms of the quality of speakers that we have been able to attract.”
Any university can boast state-of-the-art facilities and a wealth of resources, but to attract these individuals, VSB’s Economics department has reached rare heights built on a foundation of incredible work. It is fitting, then, that one such alumnus has supported the series since 2005. William “Bill” Stewart ’88 VSB and his wife Jennifer contributed more than $100,000 to sustain the series’ success. Stewart, who majored in Economics and went on to earn an MBA at New York University, is active as both a managing partner of Navigator Partners and the CFO of KDC Solar, the largest independent solar energy developer in New Jersey. “I received a tremendous education at Villanova, and the school’s Augustinian values that are imbued in the curriculum gave me a solid grounding for not only a successful career but a happy life,” explained Stewart. He remembers Dr. Lucia fondly, and when he began discussing the lecture series with Peter Zaleski, PhD, chair of the Economics department, securing its future became an ideal way to give back to the school that helped him lead a fulfilling career. Stewart’s involvement at VSB extends further to his prior service as an adjunct professor and his current participation on the Finance Department Advisory Council (FDAC). According to David Shaffer, PhD, chair, associate professor of Finance, the FDAC “helps VSB drive an unparalleled student experience by connecting finance professionals with students.” Dr. Shaffer shares Stewart’s sentiments about the impact of the series by saying it “brings a great amount of visibility to VSB, not to mention the opportunity for our community to hear from the brightest minds in economics.”
Stewart attributes this to “the quality of economics faculty gaining more and more prestige along with the rest of the University; and certainly, two NCAA championships doesn’t hurt.”
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INSIDE VSB
#1 Graduate Ranking by US News & World Report VSB earned the No. 1 spot on the U.S. News & World Report’s annual Best Online Graduate Business Programs ranking, making it the top school in the nation for online master’s degrees in business. VSB has consistently performed strongly for its online graduate business programs, validating the school’s ability to deliver a high-quality learning experience for students regardless of the mode of delivery. VSB scored exceptionally well in several other areas, including the No. 1 rank for Student Engagement and No. 8 for Admissions Selectivity. VSB offers two online specialized master’s degree programs: the Master of Science in Analytics and the Master of Science in Church Management. “Success in the online environment underscores the strength of our faculty, curriculum, students and support services,” said Michael Capella, PhD, associate dean of Graduate and Executive Business Programs. “The Master of Science in Analytics features various application-based projects to apply data extraction, analysis and interpretation techniques throughout the program. Our Master of Science in Church Management program provides a faith-based approach to management that gives students the tools to achieve the mission of their churches.”
“ I can’t say enough about VU alumni and how much they’ve supported me as I’ve built my career.”
VSB earned the No. 1 spot on the U.S. News & World Report’s annual Best Online Graduate Business Programs ranking.
– Isabel Affinito ’11 CLAS
Bartley briefCASE Challenge Winners
Isabel Affinito ’11 CLAS Named to
30 UNDER 30 12
REALTOR® Magazine’s 30 Under 30 Class of 2018 More than 300 real estate professionals applied to become part of the 2018 class of 30 Under 30 who are recognized for their exceptional achievements in customer service, community involvement and business acumen in the industry. Affinito is a real estate agent and investor representing JB Goodwin REALTORS® in Austin, Texas. “I have to thank Villanova and the Daniel M. DiLella Center for Real Estate for my career as a REALTOR®,” said Affinito. “The DiLella Center continues to be an incredible resource for me as well as my husband Chris [’11 VSB], and I can’t say enough about VU alumni and how much they’ve supported me as I’ve built my career.”
Villanova Business Summer/Fall 2018
INSIDE VSB
Terrill L. Drake, MBA,
Joins VSB’s Leadership Team as Associate Dean of Strategic Initiatives As part of Dean Russell’s efforts to solidify VSB’s strategic direction and increase our national reputation, Drake will work closely with various internal and external stakeholders to oversee key areas such as external relations, diversity and inclusion, events and programs, and data and rankings. “Terrill will play a significant role in ensuring that our overall strategy is being utilized consistently as VSB becomes an even more prominent national business school,” said Dean Russell. “In just a few months, he has provided leadership for these essential initiatives while advancing VSB’s culture of diversity and inclusion.” Drake brings more than 15 years of experience to this role and most recently served as the executive director of diversity initiatives, programs and events at the Robert H. Smith School of Business, University of Maryland.
In Memoriam of Professor Gerald A. Dougherty The Villanova community lost beloved faculty member Professor Gerald A. Dougherty, CPA, ’58 VSB in February after a long battle with cancer. Professor Dougherty taught at VSB for more than 57 years and is estimated to have taught more than 25,000 students during his career. He was one of the longest-serving faculty members in the history of Villanova University. His family received an outpouring of support that resulted in more than 500 reactions on Facebook and messages from alumni, faculty and staff about how Professor Dougherty influenced their careers and their lives.
Gerald A. Dougherty, CPA, ’58 VSB
Bartley briefCASE Challenge Winners Each academic year, VSB juniors team up to design solutions to real-life business problems in the biannual Bartley briefCASE Challenge, part of the Backpack to Briefcase professional development program. In the fall semester, students studied Fasten, a new ridesharing app with limited reach in the US. Students developed and presented strategies for growing this startup, competing with Uber and Lyft, and expanding across the country. Winners: Sean Burke ’19 VSB, Jack Conboy ’19 VSB, Dan Elefant ’19 VSB, Stephen Gagnier ’19 VSB and Hannah Innocenzo ’19 VSB Last spring, teams examined high-end British auto manufacturer Aston Martin. Students were challenged with analyzing the auto industry, taking advantage of new technologies and proposing ideas to grow the brand without losing its cachet. Winners: Carol Albanese ’19 VSB, Mehar Duggal ’19 VSB, Emily Gilmore ’19 VSB, Kimberly Green ’19 VSB and Sean Maguire ’19 VSB
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INSIDE VSB
VSB’s On-campus MBA Program Named
Philadelphia Business Journal’s 40 Under 40
The education services company profiled VSB in its 2018 annual business school rankings. Based on surveys from 23,000 on-campus MBA students, this designation is scored on a combination of institutional and student survey data, including career outcomes, admissions selectivity, professor accessibility and academic experience.
These individuals have been recognized for contributions to their companies, industries and communities along with their importance to the Philadelphia region.
One of The Princeton Review’s 2018 Best Business Schools
2018 VSB Alumni
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Mark Emmert, president of the NCAA, awards Kennedy at the Salute Dinner, which brings all Final Four teams together to celebrate the sport of college basketball.
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Photo credit: Nova Men’s Basketball
Matt Kennedy ’18 VSB Recognized with
NCAA ELITE 90 Award
The ELITE 90, an award founded by the NCAA, recognizes the true essence of the student-athlete by honoring the individual who has reached the pinnacle of competition at the national championship level in his or her sport, while also achieving the highest academic standard among his or her peers. The ELITE 90 is presented to the student-athlete with the highest cumulative grade-point average participating at the finals site for each of the NCAA’s 90 championships. Kennedy, a Finance major, carried a 3.897 grade-point average. “Being selected was a great honor because I was able to represent not only my teammates but also VSB and the whole Villanova community,” said Kennedy. “Although I was very happy to win this award, at the end of the day this award is a testament to the professors and academic staff who have supported me the last four years.”
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Villanova Business Summer/Fall 2018
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Shane Hostetter ’03 VSB, ’10 MBA Global Controller and Principal Accounting Officer Quaker Chemical
Kristin Houston ’16 EMBA Vice President Boeing
Patrick Murray ’02 VSB President and CEO STP Investment Services
Steven Singh ’11 MBA Director Electrical Operations PECO
“It is a testament to the excellence of the students, staff and faculty of VSB that our alumni continue to excel as leaders in their fields while making important contributions to their communities.” – Dean Russell
INSIDE VSB
Villanova Integrated Academics (VIA) Certificate Program Learning Without Limits Starting in fall 2018, students can experience how different fields of study can work together to address real-world scenarios. The VIA Certificate Program is a new university-wide curriculum initiative that takes an interdisciplinary approach to three specializations: – Digital Life: The Criminology, Economics, Ethics, and the Technology of Cybersecurity – Innovation, Creativity, and Entrepreneurship for Every Major and Everyone – Building What Matters: Exploring the Issues that Influence the Built Environment. While all three incorporate a business perspective, Building What Matters finds its roots in VSB. It was developed by a committee of faculty from across campus, including VSB’s Shawn Howton, PhD, faculty director of the Daniel M. DiLella Center for Real Estate and professor, Finance. “The built environment touches upon everything from real estate, economics and investments to engineering, environmental science, design and history,” described Dr. Howton.
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When students get exposure to a diverse array of viewpoints, they gain invaluable perspective that leads to better decisionmaking and problem-solving.” The cross-college certificate program includes six credits completed during students’ four years at credits. Many are team-taught by faculty from different fields of study. By junior year, students can choose electives in different colleges to pursue interests beyond their primary field of study. “The world is an interdisciplinary place and the issues within our communities are far from one dimensional,” Dr. Howton shared.
Are You an MBA or EMBA Alum Interested in Reconnecting with Your Former Classmates? VSB’s MBA and EMBA alumni networks support current MBA students, have access to professional development experiences and participate in service activities in our surrounding community. Over the past year, the alumni networks have supported the Philadelphia Ronald McDonald House families, hosted a leadership conference featuring former Governor Ed Rendell, attended Villanova basketball and Villanova football games, and mentored newly graduating MBA students. “The best part of the MBA and EMBA alumni network is making new connections with fellow Villanovans across a spectrum of business roles and functions,” said Edward Barrett ’90 VSB, ’94 MBA, chief marketing officer for the Global Business Travel Association. “Participating as a mentor within the Mentorship Program has been especially rewarding, and provides a tangible way to positively influence the career and life choices facing new MBA graduates. I would encourage all MBA and EMBA alums to get involved.” To learn more, contact: Christine Etheridge Associate Director, Alumni Engagement – Graduate and Executive Business Programs christine.etheridge@villanova.edu or follow the networks on LinkedIn: VSB MBA Alumni Network Villanova Executive MBA Alumni Association
Villanova’s MBA Alumni Association regularly volunteers at local charities like the Philadelphia Ronald McDonald House.
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CELEBRATING
10 YEARS
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The Moran Center for Global Leadership, the DiLella Center for Real Estate and the Clay Center at VSB all recently marked their 10-year anniversaries with many reasons to celebrate. Over the last decade, each has created programs and opportunities that advance the VSB experience and inspire future business leaders in positive ways. 17
INSIDE VSB
A World of Difference For those involved with the Elenore and Robert F. Moran Sr. Center for Global Leadership (Moran Center), the first 10 years have been nothing short of remarkable. Having started with a limited budget, no name recognition and few advisory council members to guide its development, the Moran Center has grown in scale and impact, culminating in a transformative naming gift from Robert F. “Bob” Moran Jr. ’72 VSB to advance the Center’s pursuit of responsible global leadership. “I think of the Center’s accomplishments as having great breadth and also great depth,” said Jonathan Doh, PhD, associate dean of Research; Herbert G. Rammrath Endowed Chair in International Business; Moran Center faculty director; and professor, Management & Operations. The Center’s work ranges from a panel session for all VSB freshmen—where advisory council members discuss the challenges and opportunities associated with globalization—to the honors-like Global Leadership Fellows program, with many other program offerings in between. This rich experience reflects a vision shared by Herbert G. Rammrath ’57 VSB, an early supporter of the Moran Center. Rammrath shares,
“It is important for students to understand how they can help expand and sustain global economic integration in the future. One objective of the Center for Global Leadership is to give them that understanding.” The Center’s impact extends beyond the curriculum as well. Over the last 10 years, the Moran Center granted over $1 million in student scholarships, along with funding for faculty to conduct and present research overseas. Within the last four years, the Moran Center took over management of the Journal of World Business, one of the world’s leading scholarly publications on international business, creating more visibility for VSB as a leader in global business research. Alumni and external organizations play a significant role in the Center’s success. Members of the Moran Center’s advisory council engage readily—serving as mentors to students and facilitating internships and corporate site visits overseas— while strong outreach partnerships with the World Affairs Council of Philadelphia and many other global organizations expands its reach and creates opportunities for noteworthy speakers, including former Mexican President Vicente Fox and the Honorable John Kerry.
Bob Moran ‘72 VSB (right) celebrates the Moran Center’s 10th Anniversary— and its new name—with Dr. Doh (left).
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A Name that Pays It Forward As part of its 10th anniversary, the Center officially adopted the name of Elenore and Robert F. Moran Sr. Center for Global Leadership to honor the parents of Bob Moran. The retired chairman and chief executive officer of PetSmart Inc., Moran has long embraced the notion of globalization in business education, dating back to his early career as an executive working in Peru, Mexico, Spain and Canada. “The knowledge, confidence and life experience I gained at Villanova built the foundation of my career,” said Moran. “I’m proud to help Villanova students gain the skills they’ll need in a truly global economy, and honored to have the Center for Global Leadership named for my parents.”
Working with Catholic Relief Services, VSB students ignite change in countries like Madagascar to improve water, sanitation and hygiene conditions.
INSIDE VSB
Building a Better World
Empowering Students Since 2007
Like many successful initiatives in VSB, the Daniel M. DiLella Center for Real Estate finds its roots in alumni support. In 2007, industry veterans including Daniel M. DiLella ’73 VSB, principal of Equus Capital Partners, advocated for a real estate program, knowing how well VSB’s core strengths align with their business. Since then, the Daniel M. DiLella Center for Real Estate has built a deep strategy of curriculum, experience, research and networking to capitalize on those strengths and prepare VSB students to make a positive impact.
The Clay Center at VSB was established 10 years ago as part of an effort to centralize all student support services, but it’s evolved into much more. The Clay Center reflects the spirit of its namesake, the late VSB Dean Emeritus Alvin A. Clay ’51 VSB, a dedicated alumnus, teacher and dean whose concern for students’ well-being and growth influenced countless alumni. Today, that mindset continues to guide the Center in informing, advising and empowering students throughout their VSB experience.
Over the last 10 years, the DiLella Center has enabled graduate and undergraduate students to pursue their real estate interests through a minor or co-major, along with a concentration in the MBA program—all with a strong emphasis on Augustinian values. “We think the ROI of real estate is as much about the investment as the well-being of the community,” explained DiLella Center Faculty Director Shawn Howton, PhD. Beyond the classroom, the DiLella Center draws national attention for its research and case competitions. In 2017, VSB ranked in the top 40 academic institutions for real estate research and the top 40 globally, according to the Real Estate Academic Leadership Rankings. The DiLella Center also hosts one of the premier case competitions in the country, drawing undergraduates from leading real estate programs to test their analysis and presentation capabilities in front of a panel of industry judges. All of these accomplishments generate positive support from alumni, parents and friends of VSB, whom Dr. Howton dubs the “Villanova Real Estate Family.” Throughout the year, the DiLella Center hosts networking events and other gatherings around the country to foster those relationships.
Melinda German, associate dean of Undergraduate Business Programs, who has led the Clay Center since its inception, explains,
“We want our students to leave not only prepared but ahead of the curve for life after Villanova.” Among its many accomplishments over the last 10 years, the Clay Center developed a personalized academic advising structure through which VSB students receive guidance tailored to their individual academic goals from a professional academic advisor, peer advisor and faculty mentors throughout their four-year experience. The Center established a comprehensive professional development program, which was endowed as the Charlotte and James V. O’Donnell ’63 Center for Professional Development in 2014. The O’Donnell Center focuses on connecting the classroom to the professional world through career planning, alumni mentoring, experiential learning and the innovative Backpack to Briefcase program, a multi-year curriculum-based initiative designed to help VSB students develop essential professional skills as early as freshman year. \v/
Daniel M. DiLella ’73 VSB addresses guests at the DiLella Center’s 10th Anniversary celebration.
The Clay Center reflects the spirit of its namesake, Alvin A. Clay ’51 VSB, Dean Emeritus.
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STUDENT SPOTLIGHT
Megan Quinn Plays to Win A two-time VSB graduate, Megan Quinn dreamed of playing for the Wildcats and Head Coach Harry Perretta since the sixth grade. And play she has, first as an undergraduate earning a BA in Finance, and then this past year, while completing her one-year Master of Science in Finance.
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’17 VSB, ’18 MSF
STUDENT SPOTLIGHT
“I’ve played basketball since I was in kindergarten, and all through high school. I was very focused. Villanova was a top choice of mine, though I did look around—at Harvard, Penn, Princeton and Lehigh,” Quinn said. She looked, but chose Villanova.
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Villanova has the biggest support network. They are committed to your success. I learned how to be assertive here, to explain what I needed to succeed. I learned that you need to figure out how to win at academics, just like you figure how to win at basketball.” For all her drive to win and focus to succeed, Quinn comes across as relaxed and curious about the world— and happy. She credits VSB. “They encourage you to be the best academically, and give you the tools and resources to succeed. I was motivated to work hard for a greater purpose, and to be true to myself at all times.” Her interest in business started early. “My dad is a CPA, and I’m analytical like him. My mom is in sales, which I also enjoy,” Quinn said. As an undergraduate, she minored in Real Estate and Marketing. Then, during an internship with Goldman Sachs she explored leveraged finance and distressed corporations, which led to learning about capital markets and real estate investments. After completing her bachelor’s degree, she chose to continue her education at VSB in the Master of Science in Finance program because it gave her the opportunity to learn a topic in depth in just one full-time year of study. Plus, she was able to continue playing basketball. It was a rigorous 12 months, during which her team went to the NCAA Tournament. “It’s been an incredible year. My last game was against Notre Dame. I’d wanted a chance to play them on their home court and I got to do it in the NCAA Tournament this year,” Quinn said. Still, it’s a lot—a one-year graduate program, regular and post-season college basketball at home and away. She credits being organized and having a supportive community behind her every step of the way. “I am a planner, so I kept on top of my course work. My professors have been flexible and understanding of my schedule. And my classmates and I supported each other,” Quinn said. In addition, the professional development program that is part of the MSF provided support and mentorship to help her achieve her career objectives. Placing strong emphasis on interviewing techniques and networking opportunities, the program includes financial theory, financial decision-making, investment banking, quantitative finance, applied corporate financial analysis, derivatives, alternatives, and management of real-world investment funds. Quinn is looking forward to applying what she’s learned when she starts at CenterSquare Investment Management after graduation. “I will first be learning valuation on the private equity acquisition side. I find real estate investments continuously intriguing,” she said. No doubt Quinn will figure out how to win at business in the same way she figured out how to win at academics and sports. And her Villanova network will continue to support her every step of the way.
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MISSION SPOTLIGHT
Making a Difference
One Ticket at a Time For members of the military on activity duty, a group of Villanova students is showing a small token of appreciation for the sacrifices they make for our country. GI Tickets Foundation is on a mission to recognize and thank our service men and women through memorable sports experiences. What’s especially impressive is the team behind this mission. Over the last seven years, GI Tickets has donated over $130,000 in tickets and experiences— all while most of the organization’s workers are still pursuing their undergraduate education at Villanova. Jack McDonald ’17 VSB started GI Tickets in 2011 as a junior in high school. While working at a golf course one summer in North Jersey, McDonald met a caddy who served in Vietnam and described taking his son and another soldier returning from Afghanistan to a Yankees game to thank them both for their service. It inspired McDonald to think about how he could replicate that experience on a broader scale. He brought the operation to Villanova during his sophomore year and enlisted the help of Peter Sollecito ’17 VSB, Patrick Rourke ’17 VSB and Denny Grace ’17 VSB. The four juggled classes and networking—building connections with corporate sponsors and professional sports organizations. They focused on finding excess seat capacity with corporate season-ticket holders, particularly those with premium seating, to create a high quality experience for soldiers. Over the years, GI Tickets has established relationships with several major sports franchises, including the Philadelphia Phillies and 76ers, the New Jersey Devils, and the Baltimore Orioles. They’ve also built an impressive network of private contributors, including former Defense Secretary Donald Rumsfeld, who donated 20 Chicago Cubs tickets.
A Lasting Legacy By the time McDonald and his team graduated in May 2017, GI Tickets topped $115,000 in donations. With full-time jobs waiting for them, McDonald, Sollecito, Rourke and Grace transitioned the day-to-day operations to a group of highly engaged undergraduates, while remaining involved in an advisory capacity. Leading the effort is Brooks Jalbert ’19 VSB, along with other students who share a passion for the mission. They haven’t missed a beat. In one fundraiser alone, GI Tickets raised over $4,500 to give 70 active service members premium seats to a playoff-clinching New Jersey Devils game. Going forward, GI Tickets looks to continue raising cash to create more opportunities to grant specific requests. “This way, we can truly honor those who go above and beyond the call of duty,” Brooks explained. To help their cause, visit www.giticketsfoundation.org.
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The extended Villanova community has been an invaluable source of support— both through donations and guidance,” credits McDonald.
GI Tickets arranged with the Devils to have the soldiers wait outside the locker room and greet the players before they hit the ice—a tradition known as the High Five Tunnel.
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ALUMNI SPOTLIGHT
Guelmana Rochelin ’03 VSB always wanted to return to Haiti to help change the narrative of her homeland. During a visit to the island in 2014, the executiveturned-entrepreneur found her opportunity. Now, her business in Haiti is feeding families, creating jobs and generating…
Profits for Prosperity Much of Rochelin’s life led up to where she is today. Born in a tranquil, familial community in southern Haiti, her family moved to Philadelphia when Rochelin was eight. As an adolescent, she started to identify what it meant to be an American. “I saw America as a beacon of hope,” Rochelin described. Rochelin came to VSB and maximized every opportunity to learn. She graduated in four years with a dual major in Finance and Management of Information Science, while taking courses in everything from art history to computer science to Islam to business law. “At Villanova, I had the flexibility to pursue all my interests, which serves me well today,” explained Rochelin. “It helps me view opportunities through a unique lens.” She went on to work at Goldman Sachs, pursued an MBA from Harvard, and then held strategy and management roles at The Vanguard Group. She started her first business with her sister—Affinity HealthCare Solutions, a home-health business that employs over 100 people in Philadelphia. Still, she always wanted to return to Haiti to participate in the economic development efforts there. “Wealth creation changes the trajectory of lives,” explained Rochelin. “I always believed that it could help change the narrative for Haiti.”
Late-Night Endorsement Conan O’Brien brought his talk show to Haiti earlier this year and highlighted the many women entrepreneurs making a difference on the island, including Rochelin. After tasting Mana cornflakes, O’Brien offered some high praise, with a little humor on the side. Many, including O’Brien, tout Mana’s cornflakes as tasting better than the ones sold in the US.
Rochelin established Mana S.A. in 2014 after watching Haitian residents buy a single serving of cereal from larger boxes along the side of the road because they couldn’t afford to buy a full box. Right then, she knew she found her opportunity to create value: Develop and distribute the island’s first single-serve cereal. Along with a partner, Rochelin learned every aspect of food production and distribution. They created their own recipe for cornflakes with support from food scientists and consultants. Running a consumer products business in Haiti comes with its challenges though, and Rochelin recognizes the need to meet the culture where it is. “Building a long-term sustainable business can have a positive impact on lives,” explained Rochelin. “It creates jobs, feeds families, and funds education—and overall prosperity.”
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FACULTY FOCUS
Dr. Aronté Bennett
Igniting Change for VSB Philadelphia
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What do food nutrition labels, warning labels for cigarettes, discrimination while shopping and the impact of photoshopping on self-esteem have in common? They are all consumer issues that VSB’s Marketing & Business Law department has addressed. Core to the department is Aronté Bennett, PhD, associate chair, Marketing & Business Law, who joined VSB nearly 10 years after earning her doctorate from New York University. The focus of her research—and that of the whole department —is at the intersection of marketing and public policy. Much of this work falls under the umbrella of Transformative Consumer Research, which looks at marketing from the perspective of what makes a positive experience for the consumer rather than what is good for the firm.
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FACULTY FOCUS
Dr. Bennett brings the Transformative Consumer Research focus into one of the two graduate courses she teaches— Buyer Behavior, which examines how and why consumers respond to marketing using the psychology of consumerism. In one such class, students identified examples of genuine and non-genuine cause-marketing or corporate social responsibility campaigns. This assignment offers pupils a peek into her research and aligns with the overall mission at VSB. Drawing on Villanova’s Augustinian values, Dr. Bennett’s most recent research studies the way brands discriminate or mistreat consumers and minority groups not only on a micro level but a macro level as well. “A few colleagues and I are investigating the relationship between consumer dignity and application for social services,” she explained. “The concept is that those amongst us that have the least need the most help. And in their attempts to get help, we need to understand if they are being treated graciously. We all deserve to be treated with dignity and grace.” Her dedication to VSB’s mission and Augustinian values extends beyond her research and teaching; she is deeply involved in both the Villanova and Philadelphia communities to help make them better places for all.
Dr. Bennett’s outreach within the community, her culturally relevant research and the mission of VSB’s Marketing & Business Law department come together to show just how big of an effect we can all have on our own backyards and the world at large.
Dr. Bennett’s committee service is remarkable; she is the associate chair of the Marketing & Business Law department; the faculty advisor for the Multicultural Business Organization; and a member of Faculty Congress, the VSB Diversity and Inclusion committee, and the MBA Curriculum committee. Because of her various leadership roles, Dr. Bennett remarked, “I interact with students a lot. I watch them mature. I watch their ideas blossom. I watch them become critical and free thinkers, eventually world citizens.” She believes that the students are “fully formed people, who are capable of doing amazing things, and capable of making me better.” Interacting with students is truly one of Dr. Bennett’s favorite, most rewarding parts of her work at VSB. Off campus, Dr. Bennett personifies the mission and goals of the University through her engagement in three civic organizations. First, Dr. Bennett embodies the Augustinian spirit by serving as a Big Sister in the Big Brothers, Big Sisters program. She engages with the next generation of students by helping guide her “Little Sister,” Aaliyah; four and a half years after being paired, Dr. Bennett attended her high school graduation this past June. Dr. Bennett also serves as the COO of the Junior League of Philadelphia, Inc. (JLP) which she describes as “an international organization of women dedicated to volunteerism and leadership.” Part of her current work with the Junior League’s community-impact project is tackling food insecurity in Philadelphia. Her work with JLP reflects her belief that all people deserve dignity, including access to healthy, affordable food. Furthermore, Dr. Bennett was recently appointed to the board of the Fund for the Water Works, the developmental branch of the Fairmount Water Works. Her involvement renews a longstanding relationship between the organization and JLP. The original relationship was formed due to the actions of a Junior League member, Susan Meyers, who was pivotal in restoring the Water Works into the landmark it is today. Dr. Bennett is proud to represent JLP on the Water Works board because of the shared history between the two organizations. Dr. Bennett’s commitment to both teaching and civic engagement “connects my professional interests and personal interests in new ways,” she remarked. “I am afforded a diverse perspective of the city, and its citizens. I see the city, historically and contemporarily. I interact with my neighbors and am provided opportunities to help those in the most need. I engage our next generation, preparing them to leave their mark. Although these activities seem separate on the surface, each influences the others, coming together for the greater good.” \v/
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DONOR SPOTLIGHT
GIVING GETS REAL FOR MICHAEL SCULLY
’70 VSB
A lasting legacy in wood and stone When Michael Scully ’70 VSB reminisces about his college days, he remembers events in terms of people, but also of time and place. He comes by this naturally as principal of Scully Company, a family real estate company specializing in owning and managing apartment communities. He thinks in terms of space, and its influence on people’s experience over time. So, when it came time to think about the lasting legacy he wanted to leave at the University, it was natural to choose a gift that enhanced the community’s experience in a concrete way. “I have many memories of specific places on campus that are meaningful to me. I wanted to give back to my alma mater in a way that would enable others to have a similar personal experience,” said Scully. He feels his training in VSB, coupled with the liberal arts courses he took, gave him a good grounding in the business basics he needed, while enhancing his communication skills—vital preparation for going into business. In addition to his course work, Scully found time to join a fraternity and become something of a music promoter. He joined Delta Pi Epsilon, where he got involved in booking bands for his fraternity, the Interfraternity Council and his class, eventually managing a local band. “I spent a couple of years on the track team, which was steeped in talent including four Olympians. I was a very little fish in a big pond. I learned a lot from other runners, which enabled me to successfully coach high school track for 10 years. I still enjoy running. Although I was a sprinter as a kid, I run distances now and have completed 15 half marathons in the last five years,” Scully said.
Council, and the Advisory Board of The John F. Scarpa Center for Law and Entrepreneurship at Villanova. He is also involved in a charitable foundation with his wife Pat and their two daughters, Jessica and Marisa. “The Michael and Patricia Scully Family Foundation focuses on aiding the poor, sick, medical institutions, children and animals,” said Scully.
For Scully, giving back to the Villanova community had to include not only service, but also something tangible that would give enjoyment to others. Scully Terrace, which opened in the fall of 2016 off the northwest corner of Bartley Hall, is the result. Open on the north and east sides, it offers a warm welcome for those entering the building, as well as a pleasant and comfortable area for students to gather for study, conversation or relaxation. Composed of warm wood and stone, with generous proportions, it complements the Bartley façade so well that it is hard to imagine it not having always been there. “I cherish my memory of certain times and associated places at school,” Scully said. There can be no doubt that current and future Villanova students will form equally cherished memories as they enjoy the Scully Terrace for many years to come.
Since graduation, real estate has been Scully’s main focus. He co-chairs the family firm, founded by his father, James Scully Sr., with his brother, Jim Jr. His daughter Jessica ’96 CLAS manages the day-to-day operations as president. All are active in their community, serving on various boards and associations. In Scully’s case, these include the Abington Hospital Foundation Board of Trustees, the Villanova University Center for Real Estate Advisory
Students enjoy the new facilities outside of Bartley Hall.
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Villanova Business Summer/Fall 2018
“ I hope the terrace will give students, faculty and guests a comfortable place that adds to a positive experience and fond memories of time spent at Villanova.” – Michael Scully ’70 VSB
DEAN’S ADVISORY COUNCIL
VSB Dean’s Advisory Council (DAC) The DAC provides advice and guidance to the dean of the Villanova School of Business on important strategic initiatives under consideration at the school. Josef “Joe” Allen ’89 VSB
Christopher Gheysens ’93 VSB; Chair
Michael “Mike” Petrane ’93 VSB
General Manager, US Global Operations Center GE
President and CEO Wawa, Inc.
Partner, Assurance Services Ernst & Young LLP
Robert “Rob” Arning P ’17
Lisa M. Gray ’86 VSB
Paul D. Ridder ’00 MBA
Co-Founder and Managing Partner Phoenix IP Ventures
President Tasty Baking Company
Peter J. Hofbauer ’84 VSB
Kenneth M. “Ken” Roessler ’84 VSB
Chief Operating Officer Concord International Investments Group
President and Chief Executive Officer BWAY Corporation
Martin “Marty” Hughes ’79 VSB
The Helen and William O’Toole Dean Villanova School of Business
Vice Chair, Market Development KPMG LLP
Madeleine Barber Esq. ’85 VSB, ’88 CWSL, ’92 CWSL Senior Vice President and Chief Tax Officer CBRE
Kenneth “Ken” Bodmer ’87 VSB Vice President, Trade Analytics CVS Health
Peter Cieszko ’82 VSB, P ’20 Chief Client Officer – Americas American Century Investments
Stephen “Steve” DeAngelis ’88 VSB Executive VP and Head of Distribution FS Investment Solutions
Joseph V. “Joe” Del Raso, Esq. ’74 VSB, ’83 CWSL Partner Pepper Hamilton LLP
Justin DiGaetano ’02 VSB Founding Partner and Principal Fidato Partners
Christine Dorfler ’97 VSB CFO NBCUniversal Owned Television Stations
Charles P. Dougherty ’93 MBA President and Chief Executive Officer Hardinge Inc.
Kevin J. Dunphy ’82 VSB Managing Director, Head of Public Finance Bank of Tokyo-Mitsubishi UFJ. Ltd
Michele Etzel ’87 VSB CFO and Executive Vice President National Graphics, Inc.
Kevin Felix P ’20 President and CEO Scotia Capital USA Inc., Scotiabank
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Chief Executive Officer and Director Redwood Trust
Clare P. Kelly ’97 VSB, ’08 EMBA Chief Financial Officer and Chief Compliance Officer Atairos Management LP
William M. “Bill” Kelly ’72 VSB Chief Executive Officer Blue Tee Corporation
Peter Knobloch ’75 VSB Retired Chief Investment Officer Assembly
John McCarthy P ’15 President and COO McCarthy Tire & Automotive Centers
Bill R. McDermott Chief Executive Officer SAP SE
Michael “Mike” McLaughlin ’88 VSB US Country Head and Head of Credit Markets Macquarie Group Limited
Robert A. “Bob” McMahon ’79 VSB President, US Markets Merck & Co., Inc.
Robert J. “Rob” McNeill Jr. ’88 VSB Managing Partner, Greater Philadelphia Deloitte & Touche LLP
Robert Mulhall ’80 VSB, P ’07; VUAA Liaison Retired Partner, Assurance Ernst & Young LLP
Francis I. “Frank” Perier Jr. ’81 VSB Retired EVP Finance and CFO Forest Laboratories, Inc.
Joyce E. A. Russell, PhD
Michael P. “Mike” Russomano Jr. ’79 VSB Retired President and Chief Executive Officer, Global Business Head – Wyeth Nutrition Nestlé S.A.
Christopher G. “Chris” Ryan ’83 EG President, Americas; Pharmaceutical Packaging Systems West Pharmaceutical Services, Inc.
William M. “Bill” Shockley ’83 VSB, P ’14, ’16 Partner Tinicum Capital Partners
Celestine “Tina” Simmons ’89 VSB Senior Vice President, Human Resources, Central Division Comcast Corporation
Stephen “Steve” Spaeder ’88 VSB, ’92 MBA SVP, Acquisitions and Development Equus Capital Partners, Ltd.
Lorraine “Lori” Waldron Esq. ’90 VSB, ’93 CWSL, ’93 MBA Partner Sills Cummis & Gross P.C.
Valerie Wieman ’92 VSB Assurance Partner PricewaterhouseCoopers LLP
Susan Wolford ’77 CLAS Managing Director, Group Head of the Business Services and Media Group BMO Capital Markets Corp.
HOW CAN YOU HELP SUPPORT THE FUTURE OF VSB? By making a gift to the Villanova School of Business, you are helping us provide a transformational experience for our students, elevate our faculty research and enrich our community in countless ways. Your support allows VSB to be entrepreneurial and move in the competitive space of top-tier business schools by providing superior student services through the Clay Center, supporting worldclass faculty, enhancing classrooms and technology, and funding the Centers of Excellence.
You can choose to support any of our five featured designations To support VSB, please contact Brendan Glackin, director of Major Giving, at brendan.glackin@villanova.edu.
VSB’s Capital Improvement Fund Diversity and Inclusion Fund
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Dean’s Fund for Strategic Initiatives Villanova School of Business Fund The Clay Center
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