Henry B. Tippie College of Business Tippie Magazine Summer 2015 by WDG Communications Inc.

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SUMMER 2015 TIPPIE COLLEGE OF BUSINESS

M A G A Z I N E

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Cover Story – Business Consulting: Engage with Tippie

When was the last time your company heard, “What can we do for you?” Teams of Tippie MBA and undergraduate students are serving as consultants to businesses, applying learned skills to real-world problems. By Tom Snee and Lesanne B. Fliehler

Oh, the Places You’ll GLO: Exploring Business Around the Globe

Tippie’s full-time MBA students are now required to participate in a global learning opportunity (GLO). Students have a front-row seat to see how international business is conducted. By Erin Crawford and Lesanne B. Fliehler

#TippieWomen This spring, Tippie’s women took charge. The undergrads started a new national student organization; the Tippie Women Summit brought together students and business leaders for a half-day conference; and a social media campaign highlighted Tippie’s female leaders. By Lesanne B. Fliehler

An Appetite for Apps

The market for mobile software applications has exploded, and as one might expect, Tippie students and alumni are among the developers. By Lesanne B. Fliehler

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Tippie Magazine correspondence should be directed to Lesanne B. Fliehler, Editor, Tippie Magazine, Tippie College of Business, 108 John Pappajohn Business Bldg., Iowa City, IA 52242-1994.

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Sharon Scheib: A True Contributor

Before Sharon’s passing, friends and colleagues developed the Sharon Scheib Professional Writing Initiative in her honor.

SECTIONS Tippie by the Numbers . . . . . . . . . . . . . . . . . . . . . . 11 College News . . . . . . . . . . . . . . . . . . . . . . . . . . . 12 Alumni News . . . . . . . . . . . . . . . . . . . . . . . . . . . 18

Pub l i sher Sarah Fisher Gardial sarah-gardial@uiowa.edu Executive Director of Communication, Alumni, and External Relations Barbara Thomas barbara-thomas-2@uiowa.edu

HOW TO RECEIVE TIPPIE MAGAZINE Tippie Magazine, a semiannual publication for alumni and friends of the Tippie College of Business, is made possible through the generosity of private donors. A complimentary subscription is provided to those who make an annual gift of $25 or more to the college via the University of Iowa Foundation. Online gifts may be made at www.givetoiowa. org/business, or you may mail your gift specifically marked for the Tippie College to the University of Iowa Foundation, Levitt Center for University Advancement, P.O. Box 4550, Iowa City, IA 52244-4550.

Edi tor Lesanne B. Fliehler lesanne-fliehler@uiowa.edu D esi gn WDG Communications Inc. www.wdgcom.com Wri ters Lesanne B. Fliehler Tom Snee Phot ography Tom Jorgensen Benjamin Kopp Ed Kempf/Impact Photo Susan McClellen Tim Schoon

In Memoriam . . . . . . . . . . . . . . . . . . . . . . . . . . . 23

Summer 2015 b 1

COVER Story

2 b UI Tippie College of Business

“These projects also serve as a valuable outreach program for the college and the University of Iowa, as well as an economic development tool for the state,” Winkler says. “The center provides an affordable resource of talented and energetic MBA students and expert faculty to help Iowa businesses grow and prosper.”

When was the last time you heard, “What can we do for you?” The Tippie College of Business has taken that question to heart and both students and businesses are benefiting: b This fall, undergraduate direct admit students will be required to complete an experiential learning component as part of their studies. That can be a study abroad experience, an internship, mentored research or community-based projects as part of a course. (Standard admit students will be required to complete this requirement beginning fall 2016.) b MBA students already complete consulting projects in both their first and second years, one facilitated by the Business Solutions Center and the other by their career academy.

hat does this all mean for you and your company? A team of MBA or undergraduate students will serve as your expert consultants, applying the technical skills they’ve learned to your business problem. The results will be an innovative, researchbased solution that your company may act upon, plus students gain the hands-on work experience to be competitive during the job search and they have the skills desired by businesses today. “Companies get the benefit of the student energy and experience for little or no cost, but hopefully we’re playing matchmaker, too,” says Phil Jordan, assistant director of economic development in the John Pappajohn Entrepreneurial Center. “The state of Iowa will be facing some serious workforce challenges over the next 20-30 years, so if we can expose our students to a career in Iowa by getting

them an internship or working on field projects with an employer in Iowa, then the career in that industry or company becomes real to them.” Every year, hundreds of students are serving as consultants to businesses in Iowa and beyond. On pages four and five are several examples.

MB A ST UDENT S US E CONSULTING FIRM MODEL

MBA students tour the Hillphoenix plant in Keosauqua, Iowa.

MBA students are providing consulting services this spring to help several businesses across Iowa grow and become stronger. “These are real projects with real clients solving real problems, so it gives our MBA students on-the-job experience in a protected atmosphere that allows them Summer 2015 b 3

Cover story continued

to learn,” says Mark Winkler, director of the Business Solutions Center (BSC).

“We run a lean organization focused on strategic continuous improvement, so we constantly strive to leverage our internal teams and balance them with external resources like the Business Solutions Center simply to achieve more,” he said. “In doing this project, we received input that was valuable and actionable for our business; more importantly, the project allowed us to interact with student leaders that we hope to have as part of our team in the future.”

The experience also helps businesses across the state address challenges and better position themselves for growth.

MAKING SUR E CONC RETE SA L ES DO N’T ST AY LEVEL

“The center provides an affordable resource of talented and energetic MBA students and expert faculty to help Iowa businesses grow and prosper,” Winkler says.

Last fall, 25 students participated in the Entrepreneurial Management Institute course, taught by Jordan, which gave students the opportunity to help 10 Iowa businesses overcome real business challenges.

The students worked with 10 clients this spring, seven of which are based in Iowa or have a significant presence in the state: b Hillphoenix, Keosauqua — developed a better way of pricing custom refrigerators to improve profitability. b IGOR, Des Moines — created a go-to market strategy for a newly developed technology that controls residential and commercial lighting using Wi-Fi. b Pella Corp., Pella — examined trends in the window and door industry and looked for growth opportunities. b Polaris, Spirit Lake — found ways to refine and implement the company’s new parts inventory system. b Summit Equity Group, Des Moines — assessed the market for a proposed agribusiness investment fund. b University of Iowa Biomass Energy, Iowa City — developed technical and operational requirements for a biomass energy supply and burning system. The BSC uses a consulting firm model where students define the scope of services, estimate costs, and write reports. The projects are completed in a semester. Nate Weaton, vice president and general manager of Hillphoenix, said working with the students through the Business Solutions Center “absolutely” benefited his company. 4 b UI Tippie College of Business

One of them was Mako Enterprises, a Des Moines company that sells patented systems that help contractors produce concrete slabs that are flatter and more level, in less time. Keri Storjohann wanted to add two new products and was looking for help with new market identification and social marketing. The student team met with the business leaders and researched their client’s market, their product and their competitors. “There is a lot of competition, and it’s a niche product within a niche, so it’s in a complicated position,” said student Dave Dvorsky, who is enrolled in the online Bachelor of Applied Studies program. Team member Dana Dzick of Des Moines said they found many businesses with variations on the name “mako,” most of them using a shark as a logo, as Storjohann’s does. “Our biggest challenge was to differentiate her company from companies that have the same name, many of which aren’t even in the same industry,” she said. And for her part, Storjohann was pleased with the weekly progress reports, appraisals and final recommendations from the students. “I’ve been a marketing consultant for 28 years and I was impressed with their work,” Storjohann said. “They asked the right questions and looked in the right places.” b

T IPP I E C O NS U L TI NG O P P O R T UNIT IES Each of the opportunities listed here are backed by faculty and staff who have extensive academic research and consulting experience.

BUSINESS ANALYTICS CAREER ACADEMY

INSTITUTE FOR INTERNATIONAL BUSINESS

Second-year MBA students are immersed in dynamic, hands-on learning opportunities that help companies drive value creation and sustain a competitive advantage. Examples: b shepherd an entirely new technology to market b engineer process efficiency Cost: No consulting fees charged to clients

The institute promotes Iowaâ&#x20AC;&#x2122;s current and future economic interests by fostering international entrepreneurship; student teams work as consultants, helping businesses make informed decisions. Examples: b identify and analyze international business opportunities for small- and medium-sized Iowa companies b companies represent a diverse group of businesses from the nonprofit sector, NGO, entrepreneurial startups to engineering, software, manufacturing and financial services Cost: Free

BUSINESS SOLUTIONS CENTER Cross-functional teams of MBA students deliver unique solutions to businesses, backed by extensive research and innovative ideas. Examples: b map current processes and find improvement opportunities b optimize processes to better target customers through enhanced customer value propositions b design a marketing strategy including competitive analysis matrix b create a strategy to launch a new agribusiness fund Cost: $10,000 (plus travel and expenses); waived for nonprofits

ENTREPRENEURIAL MANAGEMENT INSTITUTE The Tippie College and John Pappajohn Entrepreneurial Center partner to create teams of 3-5 UI students who will best solve the business problem of Iowa employers. Examples: b perform competitive analysis and identify effective social media marketing channels for a family-owned and operated Italian foods and sauces company b conduct market research to identify current consumer behavior and price points on secure disposal of electronic devices and data for new start-up electronics recycling company b create advertising and public relations plan for specialty restaurant focused on growth Cost: Free

MARKETING CAREER ACADEMY Second-year marketing MBA students consult with companies, helping scope new markets, segment existing customers and glean insights from big data. Examples: b marketing mix modeling across traditional and online media for an OTC pharma product b create internal marketing and customer branding strategies/communications media for a new health service line b assess the size/scope of new market opportunity for an online outdoor sports retailer b brand portfolio evaluation for consumer packaged goods company Cost: Direct costs and travel expenses paid by client

MARKETING INSTITUTE Undergraduate marketing majors in the institute translate their research and findings into ideas and recommendations. Examples: b prepare competitive mapping to compare health care patient portals in the industry b create a brand campaign to persuade more professionals to both live and work in their home community Cost: $2,000 ($1,000 for registered nonprofits)

FINANCE CAREER ACADEMY

CONNECT WITH TIPPIE

Second-year finance MBA students gain consulting experience with industry professionals. Examples: b evaluate the value and risks of a business model before commercializing a new technology b perform financial analysis to support a companyâ&#x20AC;&#x2122;s business plan and capital budget b prepare a Private Placement Memorandum to help raise equity financing Cost: $5,000

To learn more about how you and your company can become involved in Tippie consulting projects, contact: Philip E. Jordan, Tippie Business Liaison 319-335-0959 philip-jordan@uiowa.edu

Summer 2015 b 5

ippie’s not just in the middle of the country — we’re in the middle of the world.

Students’ ability to adapt to different customs, cultures and traditions needs to be second nature, and to make sure it is for Tippie’s MBA students, a global learning opportunity (GLO) is now a requirement of all full-time MBA students. Not only are GLOs available to Tippie’s on-campus, full-time MBA students, but students from the Hong Kong MBA Program and Tippie’s part-time Professional MBA Program attended this year, too. “Business is global, and it’s important for our students to understand the implications of doing business outside the United States,” says Jill Tomkins, director of student services for Tippie’s Full-time MBA Program. “These trips really open people’s eyes.” 6 b UI Tippie College of Business

Students typically enroll in a GLO during the winter of their second year in the program. Current destinations include Hong Kong, Chile, United Arab Emirates, Czech Republic and others. These 6- to 8-day experiences are on-the-ground explorations of operations, finance, trade and commerce. Additional opportunities include a winterim program in India; course work in Italy through CIMBA, or at WHU’s Beisheim School of Management in Germany; and an exchange program with Rotterdam School of Management at Erasmus University in the Netherlands. Students have a front-row seat to see how international business is conducted through corporate visits and interactions with seasoned professionals and Tippie alumni.

EX POL R I N G A BU DHAB I AND D U BAI The 25 MBA students who visited the Middle East over winter break gained new perspective on a fastgrowing market, made networking connections in another country, and saw firsthand the high-reaching aspirations of Dubai’s leaders. “They want to be the greatest city in the world,” said Kimberly Swanson, MBA16. “They want to build the largest buildings in the world.” Students on the Middle East trip visited Abu Dhabi and Dubai, a city they described as feeling as if it’s in the midst of a skyscraper race. Wealth is on display everywhere, from opulent hotels to awe-inspiring architecture to gold-covered desserts and ATMs. Before the trip, students might have thought the United Arab Emirates economy was driven by the oil industry. However, students learned that sector is dwarfed by Dubai’s massive import-export trade. “They can reach one-third of the global population within a two-hour flight,” Swanson said. “So they’re a center distributors use to reach a huge population in Africa and the Middle East.” Also surprising? The area’s diversity. Students described a city teeming with expats from all over the world. English was spoken everywhere and restaurants served American, Indian and other cuisines. While some mornings were set aside for classes on international business, students had plenty of time to see the sights, including a desert tour, and the Sheikh Zayed Mosque, which features the world’s largest carpet. “When you consider this city didn’t exist 15 or 20 years ago — in the 1960s they didn’t have electricity and were living in huts — it’s quite fascinating,” Swanson said.

EMP A NADAS, C ER VEZ AS AND I NTE R NA T IO NAL BU S INESS Prior to leaving the United States for Buenos Aires, Argentina, and Santiago, Chile, 32 MBA students attended lectures about the state of the economy, political situation and history of Argentina and Chile — all to give them an understanding of the area before they embarked. “Political turmoil in Argentina has had a lasting impact on the economic and business environment there,” said Maria Helfenberger, MBA16. “The government created a regulatory environment that reduces the attractiveness of foreign investment. While visiting with Ernst & Young representatives there, we discussed restrictions on dividends, which were essentially prohibitive for a period of time, and burdensome import regulations.” “It was very interesting to learn about struggles with inflation and corruption and compare this to a markedly contrasting business environment in Santiago, Chile,” Helfenberger said. “We also enjoyed a lecture by Ariel Casarin, a Chilean professor with extensive knowledge about the political, economic and social history of South America.” Chile is in a more stable position, evidenced by the nation scoring higher on a stability index, according to Casarin. “We discussed the business environment in Chile — growth rates rising since the 1980s, inflation crises decreasing, and increasing stability and openness,” she said. “We could see evidence of that during our visits to Parque Arauco, the third-largest Chilean commercial real estate company for shopping malls, and Endesa, the largest electric utility company in Chile.”

A T A L E O F T WO INDIA S: WINTERI M IN INDIA Over the winter break, two MBA students chose to spend three weeks in Kerala, India. Students visited Inspiration and COSTFORD, two organizations working on different forms of sustainable architecture and community development. “My first impression was that India doesn’t practice conservation,” said Lisa Ferguson, MBA16. “But over time, we learned about incredible initiatives taking place there: solar boats, alternatively fueled buses and eco-friendly hotels. A city in northern India even covered an entire river canal with solar panels, not only providing clean energy but also preventing water evaporation. The United Nations is hailing it as a breakthrough innovation.” “India is in an interesting situation,” Ferguson said. “It’s a developing nation in a world demanding international, environmental reform. Typically, developing countries don’t have the resources for sustainability. When a huge percentage of the population is still struggling to get clean water and feed their families, how can they possibly worry about how ‘green’ their cities are? Only when we have no real, pressing needs, then we can focus on the environment. Western development is destroying the world’s climate, and now we’re forcing other countries to catch up.” Although India “isn’t the most sustainable place” Ferguson has seen, the innovation there is impressive, she said. “The fact that sustainability exists to this extent really does make India an incredible place to be.” b Editor’s Note: See additional photos and comments from students at the bottom of this webpage: tippie.uiowa.edu/fulltimemba/academics/ global-business.cfm.

Summer 2015 b 7

This spring, Tippie’s women took charge. The undergrads started a new national student organization; the Tippie Women Summit brought together students and business leaders for a half-day conference; and a social media campaign highlighted Tippie’s female leaders.

8 b UI Tippie College of Business

n March, the college’s new director of digital communication, Jamie Jones, and her student workers launched a Twitter campaign called #TippieWomen, as part of the national celebration of Women’s History Month. Each day, Tippie female leaders — students, alumni, faculty or staff members — were highlighted. From star students to current CEOs, Tippie women shared their stories so others might benefit from their experiences. As part of the #TippieWomen campaign, each woman answered questions about their time as a student, staff or faculty member in the college, favorite memories, and advice for students or recent graduates. On page 10, you’ll find a few of the women profiled — please visit the Tippie website to learn more about the more than 25 other Tippie women interviewed (tippie.uiowa.edu/tippiewomen).

During the conference, attendee’s were encouraged to write a message about how they plan to lead.

NEW NATIONAL STUDENT ORGANIZATION Highlighted among the leading Tippie women were two students: Ali Rosenberg and Alex Krebs, who had recently noticed the lack of a national organization linking women business students. Tens of thousands of women major in business in the United States, and many of them belong to student groups for female business majors, like the Women’s Energy Network, the Businesswomen’s Association, or some variation of Women in Business. But despite all those students and all those clubs, there’s no national organization to bring them together. Rosenberg, who served as president of Tippie’s Women in Business (WIB) student organization, thought it was a missed opportunity. “I was also a member of the risk management fraternity, Gamma Iota Sigma, and we have a national organization that is incredibly helpful,” says Rosenberg, a senior finance and management major from Des Moines who graduated in May. “Through Gamma Iota Sigma, I met like-minded students and received lots of help and support for the organization.” Rosenberg decided WIB would benefit from a similar national support system, so she and Krebs,

a senior accounting and art history major who is WIB’s vice president for external relations, organized a conference that would lay the foundation for the organization. Their work culminated with the first Big Ten Women’s Business Connection leadership conference Jan. 16-18 in Chicago. The session brought together 50 women from Big Ten universities who are members of women in business organizations. The pair spent hours planning through the fall, and the work required calling upon skills they learned in class and outside organizations. They worked with the college’s alumni network, booking conference space at Google’s office building in downtown Chicago through 2011 graduate and Google employee Roberto Paniagua, and the keynote address was delivered by Laura Desmond, BBA87, global CEO of Starcom Mediavest Group marketing agency (see copy on page 10). They also arranged for the rest of the nuts and bolts needed to pull off a conference, like hotel rooms, designing and printing programs, and scheduling break-out sessions. Rosenberg and Krebs had the usual pre-conference jitters, but right from the first event — an icebreaker at the Lucky Strike bowling lanes — they knew everything had come together.

“One recruiter told us she walked into the conference room, and she could feel the energy coming from everybody,” Krebs says.

#TIPPIEWOMEN SUMMIT A SUCCESS The #TippieWomen Summit, a half-day conference on female leadership held in Iowa City in April, brought together more than 100 business professionals and students. The event also featured a keynote speech from Sheri Salata, BBA80, president of OWN-The Oprah Winfrey Network and Harpo Studios, who was also featured in the #TippieWomen social media campaign. With a speech by Trish Miller, BBA04, Matrix IV chief strategy officer and member of the John Pappajohn Entrepreneurial Center Young Alumni Board, and the keynote speech by Salata, attendees were in for a treat. “This is an exciting time for women in business,” said Lisa Ferguson, MBA16, president of the MBA Association, co-sponsor of the event. “A nationwide conversation is taking place to support female business leaders, and I was thrilled to help Tippie create this meaningful conference for business women.” Summer 2015 b 9

#TippieWomen Campaign = Female Leaders KELLY PEACOCK (MBA12) Merchandising Manager Lowe’s Companies What is your favorite part of your job? My favorite part of my job is that it is different every day. It allows me to leverage so many different skill sets and encourages me to stay engaged. Some days I spend time working on business analytics, and other days I’m working with store environment to develop new display prototypes for the stores. I get to manage vendor relationships and help design and develop new products for our stores. It’s very hands-on, and I get to drive initiatives that impact my customer on a daily basis. How did your time at Tippie help you get to where you are today? I had no formal business education before I joined the MBA program at Tippie. Through my course work and time spent as a graduate assistant, I developed the skills I needed in marketing and merchandising to be able to sell myself into a company like Lowe’s. It gave me not only the skills that I needed but the confidence that I really could step into a corporate retail position with a Fortune 500 company and be successful.

BRUCETTA WILLIAMS (MBA93) Vice President, 360 Consumer Marketing & Brand Strategy BET Networks, A Viacom Company What is your favorite part of your job? Throughout my career at BET, I’ve been challenged to find new ways to go to market and reach our audience. In doing this, I’m constantly afforded

Kelly Peacock

Brucetta Williams

10 b UI Tippie College of Business

the opportunity to be creative, think strategically, and be entrepreneurial in my approach. It’s extremely fulfilling to see your ideas come to life in ways that not only move the needle and positively impact the business, but are also personally meaningful. What is one of your favorite memories from Tippie? I remember being supported in my entrepreneurial endeavors. My friend, a fellow Tippie graduate, and I identified a need and decided to establish a company to fulfill it. The faculty and staff encouraged and supported us every step of the way. This experience affirmed my entrepreneurial spirit and encouraged me to be a risk taker.

ANN BUETTNER (BBA83) Senior Vice President, Tax Legislative Policy The Walt Disney Company How did your time at Tippie help you get to where you are today? The rigorous program and supportive professors instilled a desire to excel. Fellow students were talented, capable individuals subtly engaging in healthy competition, which I think drove us to achieve at the highest level. Also, the written communication skills that were emphasized and taught at the business college proved to be a very valuable tool in public accounting, as well as in the corporate environment. Do you have any advice for Tippie students or recent grads who are new to the workplace? My advice to recent grads is to embrace opportunities to work in other parts of the country and the world. As the former global head of corporate tax at The Walt Disney Company, I interviewed many candidates that were reluctant

Ann Buettner

to leave their current home. From my own perspective, I am so grateful for the opportunities that I have had to work in both Chicago and Orlando with the former accounting firm, Arthur Andersen & Co., and in Orlando and Burbank with The Walt Disney Company. I will admit that each move was a little intimidating and was met with some degree of uncertainty, but I have had wonderful work and life experiences that would have been missed had I been unwilling to leave Iowa.

LAURA DESMOND (BBA87) Global CEO Starcom MediaVest Group What is your favorite part of your job? Advertising and marketing can meet otherwise unmet human needs, make change, and advance good — one experience and one person at a time. And I believe that advertising has a responsibility to always be more informative, more relevant, and more creative in the ways it helps people navigate the landscape of choice in our lives. The best part of my job is that I am in a position to make this vision a reality, leading a team of 8,000 incredibly talented people — in 65 countries around the world. Together we’re shaping the future of advertising during a time of amazing wonder and unimaginable potential. What is one of your favorite memories from Tippie? My favorite memories from Tippie come from all of my advertising and economics classes. I loved how they encouraged me to challenge the status quo and armed me with the skills and understanding that helped shape my future career in media and digital. b

Laura Desmond

2,790 Number of Twitter followers.

110,372+

15,228+ Number of LinkedIn followers.

#21

U.S. News ranking of Full-time MBA Program among public universities.

117% Average salary increase by graduates of the Full-time MBA Program.

Number of Tippie student athletes.

Financial Times ranking of Tippie MBA finance specialty.

83%

Undergraduate business students who graduate in four years.

Number of times people saw our Ashton Kutcher April Foolâ&#x20AC;&#x2122;s Day social media posts.

41%

Undergraduate students who are in-state residents.

#31

Tippieâ&#x20AC;&#x2122;s position in the Financial Times global MBA program ranking, up 33 spots from 2012.

Number of pairs of international and American business and prebusiness students participating in Tippie Buddies.

Summer 2015 b 11

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COLLEGE News

college? Subscribe to our monthly e-newsletter at tippie-news@uiowa.edu

FINANCIAL TIMES RANKINGS The Tippie MBA finance concentration is #2 in the world, according to the 2014 Financial Times ranking. That accolade is just one area where the Full-time MBA Program rose in these prestigious rankings. The Tippie MBA Program is ranked #31 in the U.S. and #63 in the world overall, according to the Financial Times global MBA ranking. That’s up 11 spots from the 2013 ranking and up 33 spots from 2012. In addition to the top overall rankings the Iowa MBA topped the rankings in two categories among U.S. MBA programs: #1 in the U.S. for percentage salary increase and #1 in the U.S. in value for the money.

G R AC E : A Y O U NG E NTR EP R E NEUR A young entrepreneur has joined the ranks of the American Girl doll offerings, and Dawn Bowlus helped bring her to life. This year’s American Girl Doll of the Year is Grace Thomas, a 9-year old entrepreneur who wants to open a French pastry shop after a visit to Paris. Bowlus, the director of the Jacobson Institute for Youth Entrepreneurship, consulted with the Pleasant Company, researching what it might take for a young girl to start a business in France. Her research helped the doll’s creators to develop the story line for the book series, as well as a blog and movie that are supplemental materials for the doll. For Grace Thomas, the company worked with Bowlus to create a curriculum, geared toward readers in grades 3 through 6, that matches much of the information the institute has been presenting in its week-long entrepreneurial camps each summer. The curriculum can be used by parents or teachers to help young people start their own business.

12 b UI Tippie College of Business

NEW HO ME FOR MB A P R O GR A M IN Q UA D CIT IES The UI participated in a groundbreaking ceremony on a new 12,000-square-foot shared-use facility that will be home to the college’s Professional MBA Program in the Quad Cities. It will house three classrooms, five breakout rooms, one conference room and a student lounge. First classes are expected to be held in the facility by the Spring 2016 semester.

T IP P IE FACUL T Y AND ST A FF R ET IR EMENTS b Barbara J. Carr, department secretary, Management Sciences b Sharon L. Hansen, clerk IV, MBA-PM Program b Susan L. Licher, assistant to the School of Management associate dean b Forrest D. Nelson, Henry B. Tippie Research Fellow in Economics b George R. Neumann, George Daly Professor of Economics b Raymond G. Riezman, C. Woody Thompson Research Professor of Economics

FUL B RI GHT SPE C I AL I S TS P R O J E C T

R ECO R D R ET UR NS FIL ED T HR O UGH V IT A

TIPPIE BUILD #8

Ken Brown, professor and associate dean of the Undergraduate Program in the Tippie College of Business, was selected for a Fulbright Specialists project in the Republic of Korea at Seoul National University (SNU). In January, Brown gave lectures and developed collaborative instructional projects that will bring Tippie and SNU students together. The Fulbright Specialists Program provides shortterm academic opportunities to prominent U.S. faculty and professionals to support curricular development and institutional planning at academic institutions around the world.

Tippie students set a new record this year by filing more than 1,150 tax returns for qualifying persons in Johnson County, with refunds totaling $1.55 million. Ten years ago, only 120 tax returns were filed.

another Tippie Build/Habitat

Students who actively volunteer in VITA receive academic credit for their training and service. The Fall 2015 semester will focus heavily on training students to process complex tax returns, while the spring semester will entail working with the community and preparing returns.

This spring the Tippie community began work on for Humanity home. This year’s partner family moved to the United States in 1990 from a poor neighborhood in Acapulco, Mexico. Maria Diaz and her three children lived in Los Angeles and Chicago before settling in Iowa City 11 years ago. They currently live in a mobile home that is in poor condition and in need of repairs. The first Tippie Build was completed during the 2006-07 academic year,

TIPPIE ADDS MASTER’S IN BUSINESS ANALYTICS

the largest community

The college has added another component to its growing roster of business data analytics programs. Starting in the fall, Tippie will offer a Master of Science program in business analytics, at the college’s Cedar Rapids facility. The new program will join existing programs that offer an undergraduate major, an MBA program focusing on business analytics, and a graduate certificate program.

of the college. To date,

service project in the history Tippie students have raised more than $250,000 for the Iowa Valley Habitat for Humanity.

Data is everywhere. Credit card companies track purchases to see where their customers shop and what they buy; retailers use loyalty cards to send coupons based on a customer’s purchase history. Companies use radio-frequency identification tags that track products to design more efficient supply chains, and websites track click-throughs to figure out the best way to advertise online. There’s big business to be had in this so-called “big data.” The U.S. Department of Labor expects a 25 percent growth in the need for workers trained in business analytics through 2018, while surveys consistently show data management is one of the top priorities of businesses.

Summer 2015 b 13

College News continued

Third-place winners of the Aspen Institute’s Case Competition were Jake Johnson, Karen Rubel, Rachel Haaland Watson, and Jim Kain (holding the trophy).

Peg Stessman

Chuck Mersch

O U TS TAND I NG T IP P IE A LU MNI NA MED

MB A CASE CO MP ET IT IO N R ES ULTS

Peg Stessman and Chuck Mersch were named the Tippie College Alum of the Year and the Young Alum of the Year, respectively, at this year’s collegiate Recognition Reception.

Teams of Tippie MBA students have performed well in recent national case competitions. By participating in case competitions, students improve their analysis, critical thinking, collaboration and presentation skills through a series of competitive rounds against other MBA schools. The case method of study is an integral part of any top MBA academic curriculum.

Stessman (BSN84, MBA12) is CEO and chairwoman of the board of StrategicHealthSolutions LLC in Omaha, a company she founded with the intent of supporting state and federal governments in preventing fraud, waste and abuse in Medicare and Medicaid programs. The company was recently recognized for its rapid growth, being named to the Inc. 500 and Washington Technology Fast 50 for the second consecutive year. She is a member of the Tippie Advisory Board. Mersch (BBA07, MBA08) is a senior finance manager with Transamerica in Cedar Rapids, Iowa. After graduation, he joined and completed Transamerica’s Leadership Development Program and subsequently moved to The Hague, Netherlands, on a two-year ex-pat assignment as a risk manager for Transamerica/AEGON. An active member of the Young Alumni Board, he has helped develop connections between Tippie international students and Transamerica employees from China for networking opportunities and mentorship. In addition, Chris Hoffman (BBA85) received the Department of Accounting’s Outstanding Alumnus Award. He is a senior partner with PricewaterhouseCoopers in Chicago. Hoffman has been influential in growing recruitment of Tippie accounting graduates and he served an eight-year term with Tippie’s Professional Accounting Council, where he developed ethics training for students. He now serves as a member of the Tippie Advisory Board.

Chris Hoffman

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FIRST PLACE b ACG Cup — Allan Dantas, Karen Rubel and Chris Jin took first place at the February event in Minneapolis, sponsored by the Association for Corporate Growth. b CFA Research Challenge (regional) — Michael Fleagle, Michael Emgarten, Nick Viner and Adam Walter took first place out of four teams in the regional Iowa Society competition.

SECOND PLACE b Babson College Marketing Case Competition — Ingrid Sensor, Rachel Haaland Watson, Kim Johnson and Alyssa Adams took second place out of 16 teams. b Rutgers Supply Chain Case Competition — Ashwin Kumar Ramesh, Arjun Nayak, Michael Redmond and Kyle Wehr took second place out of 6 teams.

THIRD PLACE b Aspen Institute Business & Society International MBA Case Competition — Jim Kain, Jake Johnson, Karen Rubel and Rachel Haaland Watson took third place among the 5 teams that made the final cut (out of 25 teams). This was the second year in a row that a Tippie MBA team competed in the finals in New York City.

STUDENT ENTREPRENEURS SWIM IN SHARK TANK Following a lecture by Daymond John, founder of FUBU apparel and TV cast member on “Shark Tank,” three student teams pitched their business ventures to him and three other distinguished judges. John spoke on “Five S.H.A.R.K. Points: The Fundamental Keys to Business and Personal Success” to about 1,000 people in the IMU Main Lounge on April 23. Following his presentation, and in the spirit of ABC’s hit television series, three student teams pitched their business ventures in a “Hawk Pitch” competition to John and three other panelists: UI benefactor and Des Moines venture capitalist John Pappajohn (BSC52); Tom Bedell, a Spirit Lake entrepreneur and benefactor of the Bedell Entrepreneurial Learning Laboratory; and Tippie Dean Sarah Fisher Gardial. Management major Andrew Shao won $2,000 in the contest with his pitch for the Test Buddy, a device that attaches to a desk and expands the usable amount of space on flip-up desks in classrooms. Others pitches were from: b Emily Roberts (Management/Spanish major) and Chen Cui (Computer Science major): Western Wise, which provides personalized English language Internet-based tutoring to children in China, and b Anthony Gair (Communications major, Certificate in Entrepreneurial Management): Track Slides, which makes cleat covers for track shoes. John’s lecture concluded a day of events during the Hawkeye Innovation Summit, which brought together the UI’s most innovative, faculty, staff and students to celebrate successes, inspire new creations, and encourage networking for future collaborations.

TIPP I E S TU D E NT NAMED TR UM AN S C H O L A R

T IP P IE T ECH B R INGS HO ME A WA R DS

Jeffrey Ding, a junior political science, economics and Chinese major, was named one of 58 Truman Scholars this year. The 58 new Truman Scholars were selected from among 688 candidates nominated by 297 colleges and universities. They were chosen on the basis of academic success and leadership accomplishments, as well as their likelihood of becoming public service leaders.

Twenty-eight students attended the Association of Technology Professionals (AITP) National Collegiate Conference in Omaha on March 26-29, bringing home several awards in the competitions.

Each new Truman Scholar receives up to $30,000 for graduate study. Recipients must be U.S. citizens, have outstanding leadership potential and communication skills, be academically excellent, and be committed to careers in government or the nonprofit sector. Born in Shanghai and raised in Iowa City, Jeffrey also was named a Udall Scholarship honorable mention for his commitment to environmental issues. He established an annual $10,000 studentmanaged Green Initiatives Fund and continues to advocate for a citywide apartment recycling mandate. After an internship at Hong Kong’s Legislative Council, he will participate in the United States Foreign Service Internship Program this summer.

Members of the Tippie Technology and Innovation Association earned three third-place trophies in: b Database: Tanner Chartier and Eric Ruttenburg b Business Analytics: Dustin Balius and Kaytlyn Sheffler b Visual Studio ASP.NET: Yusha Pan and Chenwei Yang Three teams also earned honorable mentions: b Database: Benjamin Cunningham and Ling Tong b Business Analytics: Kyle Boyda and Anthony Fancher; Mike Howard and Sushuang Ma

Jeffrey Ding

Tippie Tech students with their awards.

“The teams did better than ever in the technology competitions,” said Yvonne Galusha, Tippie Tech’s faculty advisor. “There were over 500 competing, and to garner this many recognitions was noteworthy. I especially like that of the 28 students, 12 received recognition. This speaks well of our program.” Summer 2015 b 15

hen the iPhone App Store first opened in July 2008, there were 800 mobile computer software applications available for users to download and run on smartphones, tablet computers, and other mobile devices. Since then, the market for apps has exploded â&#x20AC;&#x201D; as of September 2014, there were 1.3 million. As one might expect, Tippie students and alumni are among the app developers creating the wildly popular and useful software. Many were residents in the Bedell Entrepreneurial Learning Laboratory (BELL), a business incubator for entrepreneurial students. RuiHao Min (BBA13), with support from others in Computer Science, Psychology, and Business With the Blue Cheese app, users take a photo of unfamiliar words on a restaurant menu and the app offers literal translation of 10,000 food items in its database, a picture of the dish and details about ingredients, taste and other user recommendations. Featured as Best New App, Best of July and Best Travel App by the iTunes App Store. itunes.apple.com/us/app/blue-cheese-visualmenu-translator/id901540524?mt=8 Hung V. Tran (MS10, PhD12) and Thomas Hornbeck (MS09), former BELL participants GotIt! app gives students instant study help from top university graduates serving as study experts. Students post a photo of the study problem and receive step-by-step explanation of how to answer the question on subjects ranging from trigonometry

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to chemistry (and even fly fishing). They have received over $3 million in funding. itunes.apple.com/us/app/gotit!-instant-studyhelp/id797535508?mt=8

Hung V. Tran (MS10, PhD12) and Tung Hoang (BBA13), former BELL participants

Lauren Aguilar (BBA15), Nico Aguilar (MHA/MPH14) and Anthony Pham (MD16)

SnapNSee looks up words in dictionaries and Wikipedia using iPhone’s camera as the input device. No typing required. Ranked #1 in education category in Apple App Store in Vietnam.

SPEEKO is an automated personal speech coach that intuitively tracks volume, pace, vocal professionalism and number of filler words used. Users receive valuable insights into how to improve their individual communication style.

app.lk/BkB

Neil Jirele (BBA16), current BELL participant AppyHour offers local establishments the ability to notify hungry and thirsty potential customers about their promotions and specials in real time. A“Live Deal Feed” aggregates all specials letting users know about the best deals in the area. appyhourmobile.com

speeko.co Jon Myers (BSE16) and Brandon Kiefer (BSE14), current BELL participants Spectator app changes the way Iowans follow high school sports by offering live-scoring for local area teams as well as a database of full-season stats for individual players and the team as a whole. Future features may include game previews, more in-depth stats and an in-app store for schools’ booster clubs. teamspectator.com

Elijah Doetsch (BBA16) and Carson Goodale (BBA16), current BELL participants FanFood, a subsidiary of Doetsch and Goodale’s holding company (Millennial Ventures LLC), creates an express line at sporting events through which fans can purchase concessions more quickly, bypassing conventional forms of concession transactions. Fans order from the convenience of their seats and receive receipts and other pertinent concession info (inventory control, price changes, etc.) through push notifications.

Blake Rupe (MA14, BA10), former BELL participant Re-APP was created after Rupe saw recyclable materials washed out to sea in the Gulf of Mexico. Users catalog their recycled, reused or composted materials for the purpose of earning rewards and recognition for their efforts to make the world a more sustainable place. Named one of General Motors top apps to help you live eco-consciously. re-app.us b

fanfood.com

Summer 2015 b 17

ALUMNI News

L An online information update form is available at tippie.uiowa.edu/ alumni/update, or you can send a note to Ashley Funkhauser, Tippie College of Business, 108 John Pappajohn Business Building, University of Iowa, Iowa City, IA 52242-1994 (or email tippie-alumni @uiowa.edu).

ost track of a classmate? Looking to connect with Tippie alumni in your area? Check out the career moves, professional accomplishments, and personal achievements of alumni and classmates below, and then send us your news.

2010s Timothy L. Brown, MBA14, is director of project management for North American operations at Packaging Coordinators (PCI) in Philadelphia. Dario Choi, EMBA14, is the regional vice president of sales, Asia Pacific region, at Harmonic, a leader in video delivery infrastructure. He previously was vice president, Asia Pacific region, at Avid Technology. Alyssa S. Gonnerman, BBA11, is an attorney with the Husch Blackwell law firm in Kansas City, Missouri. Corissa A. Hoffman, MAc10, is a certified public accountant for McGladrey in Sioux Falls, South Dakota.

TIPPIE ONLINE b twitter.com/TippieIowa b LinkedIn: Search for University of Iowa – Henry B. Tippie College of Business b facebook.com/Tippie b instagram.com/Tippie College b flickr.com/TippieIowa b tippie.uiowa.edu Editor’s Note: Alumni News are submitted by alumni and are not verified by the editors. While we welcome alumni news, Tippie Magazine is not responsible for the information contained in these submissions.

Daniel Hoppestad, BBA10, is an auditor with PricewaterhouseCoopers in Charlotte, North Carolina. Benjamin Lederer, BBA14, is a client services associate at Fisher Investments in Camus, Washington. Akshay Mishra, BBA12, is currently enrolled in Tippie’s MBA for Professionals and Managers Program in the Quad Cities. Inspired by entrepreneurship, he is looking for ways to share his poetry with

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businesses as a way to motivate and increase happiness among employees. He lives in Davenport. John Morgan, MBA14, is a mergers and acquisitions analyst with the F2 Intelligence Group in Minneapolis. Randy Olson, EMBA11, is the executive director of the Iowa Egg Council and the Iowa Poultry Association. He previously was the marketing director for the U.S. Soybean Export Council. Mitch Tanney, MBA11, is director of football analytics with the Denver Broncos. He previously was with the Chicago Bears. Matthew A. Uhlman, MBA13, is a urology resident at the University of Iowa Hospitals and Clinics in Iowa City. Mitchell Vogt, BBA13, is a commercial auto underwriter with National Indemnity Co. in Omaha. Jeralyn Westercamp, BBA14, was named the Iowa Honey Producers Association’s 2014 Iowa Honey Princess. She will advocate the benefits of beekeeping and honey production at appearances around the state.

Robert C. Yoerger, MBA14, is global order fulfillment manager for John Deere in Moline, Illinois.

2000s Michael Bousselot, BBA05, MAc06, has been appointed legal counsel to Gov. Terry Branstad and Lt. Gov. Kim Reynolds. He previously was a policy advisor, who helped the Branstad administration develop its property tax relief package in 2013 and the Iowa Health and Wellness Plan. At Tippie, he is a member of the Young Alumni Board. Alex Boyce, BBA05, was promoted to vice president at HCF International Advisers Ltd., a corporate finance advisory boutique focused on the global metals and mining sector. He lives in London. Brad Downes, BBA04, MAc05, is the chief financial officer at Altitude Digital, a digital advertising technology company in Denver. Julie A. (Thorndyke) Franklin, MBA08, is chief financial officer of Commercial Resources, a small business administration services provider in Centerville, Iowa.

Amos E. Hill, BBA06, an associate with the Whitfield & Eddy law firm in Des Moines, is a member of the American Bar Association Young Lawyers Division Affiliate team, co-chair of the Polk County Young Lawyers Division and president of the Iowa State Bar Association Young Lawyers’ Division.

Ashleigh E. O’Connell, BBA06, an associate with the Whitfield & Eddy law firm in Des Moines, has been named to the Greater Des Moines Leadership Institute Community Leadership Program class of 2014-15. Jason R. Poss, BBA06, is an attorney with the Hart Wagner law firm in Portland, Oregon. Dave Sheppard, MBA04, was promoted to director of client development with Sidley Austin

Amy Jacobson, BBA09, MAc10, and Liam Hocking welcomed a son, Harvey Hocking on July 6, 2014. Sheena R. (Simonson) Komenda, BBA00, is a tax planning manager with Rockwell Collins in Cedar Rapids, Iowa. Mike P. Locher, BBA02, is a financial advisor for Edward Jones in Phoenix. Julia Gutz Moller, MBA00, JD91, has been promoted to assistant vice president of U.S. Marketing, Brand and Creative Services in the marketing division with Allianz Life Insurance Co. She lives in Minnetonka, Minnesota. Jessica (Thorsheim) Newton, BBA07, was named director of investor relations for Healthcare Trust of America Inc., of Scottsdale, Arizona. Tracy A. (Bevins) Nowak, BBA83, is a controller with Harrison Truck Centers in Elk Run Heights, Iowa.

in Chicago. Mike R. Smetana, BBA04, is central regional sales manager for Burndy, a connector manufacturer in Chicago. Shera D. Wiegler, BBA00, is a partner with the Swanson, Martin & Bell law firm in Chicago.

1990s Tiffani M. (Siders) Conrey, BBA98, is chief financial officer for Skogman real estate in Cedar Rapids, Iowa. Robert W. Dixon, BBA97, is an associate general counsel with Federal Home Loan Bank of Des Moines. Kelly D. (Winegarden) Hall, MBA96, is vice president of sales at the Avery Dennison business equipment company in Mentor, Ohio.

Todd E. Hutchison, BBA93, is a senior vice president and chief financial officer of Health Alliance Plan in Detroit. Nathan W. Lamb, BBA97, is a partner with the Ulmer & Berne law firm in Chicago. Travis J. Leo, BBA98, is chief executive officer of Residential Systems, a home technology provider in Lakewood, Colorado.

Nick Stevens, BBA04, and Stephanie Stevens welcomed a son, Salinger Rainier, on July 6, 2014.

Shaner Magalhaes, BBA91, MBA94, is a realtor with Skogman Realty in Coralville, Iowa, and president of the board of directors for the Iowa City Area Association of Realtors. S. Christian Nelson, BBA98, is an attorney on the management team with the Belin McCormick law firm in Des Moines. Jacqueline L. (Hammes) Patterson, BBA95, is director of talent management for ACT in Iowa City, Iowa. John D. Phillips, PhD99, received the Ray M. Sommerfeld Outstanding Tax Educator Award from the American Accounting Association. He is an associate professor and director of the Accounting Ph.D. Program at the University of Connecticut.

Tyler Stith, BBA02, is head coach of the UI men’s golf team. A former assistant coach and student athlete at Iowa, he served as assistant coach at Minnesota for the last three years.

Mark A. Pignotti, BBA95, is senior vice president of investments for the Wells Fargo Advisors Union Station office in Chicago. John A. Winga III, BBA90, is business manager for the Arbor Court retirement home in Mount Pleasant, Iowa.

Summer 2015 b 19

Alumni News continued

Karl J. Morgan, BBA76, is author of a new fantasy novel, Two Doors, which released in December 2014.

1980s

Lon D. Moeller, BBA82, MA84, JD87, is the associate provost for undergraduate education and dean of the University College at the University of Iowa.

Russell R. Miller, BSC52, has had six books published since retiring as senior vice president of international maketing for Zenith Electronics. His sixth, Death of a Spymaster, is set in contemporary Ukraine and involves a retired international marketing executive with former ties to the CIA.

David C. Burgstahler, PhD81, named president of the American Accounting Association for the 2015-16 term. He is a professor at the University of Washington Foster School of Business. Fred Crawford, MBA87, chief financial officer for CNO Financial Group, was named the 2014 CFO of the Year by the Indianapolis Business Journal. Steve L. Christensen, BBA89, is finance manager at Inverness Properties, a real estate firm in Englewood, Colorado. Scott W. Friestad, BBA83, JD86, associate director of the enforcement division for the U.S. Securities and Exchange Commission in Washington, D.C., has been named one of the 100 Most Influential People in Business Ethics by Ethisphere magazine. Philip Hadley, BBA84, has stepped down after nearly 15 years as CEO of FactSet. He stayed on as chairman of the board. Robert Jones, BBA86, advanced to president and global chief marketing officer of General Reinsurance Corp. He lives in New Canaan, Connecticut.

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Mark L. Keenan, BBA85, is an attorney with the McKenna Long & Aldridge law firm in Atlanta. Stacy S. Liljeberg, BBA81, is a realtor with the Michael Saunders firm in Sarasota, Florida. Gary Moss, BBA83, is a business collections manager at Citizens Equity First Credit Union in Peoria, Illinois. Karen Seda, BBA84, recently relocated to Iowa City from Chicago. She is a freelance business development director. Mark M. Sloan, BBA85, an attorney with the Thompson & Knight law firm in Dallas, is featured in Texas Super Lawyers 2014, the 2014 Chambers USA “Leaders in Their Field” legal directory, Legalease’s 2014 The Legal 500 US directory, and in The Best Lawyers in America 2015. Yvonne Walton-Woumn, BBA85, works in file control for Ultimate Software in Atlanta. She lives in Snellville, Georgia. Steve D. Weiss, BBA86, is vice president of the Century City branch of the Charles Schwab brokerage company in Los Angeles.

1970s Kim C. Korn, BBA78, MBA80, has published The Laws of Managing with coauthor B. Joseph Pine II, and the Harvard Business Review published their article, “The 7 Laws of Regenerative Enterprises.”

Roni M. LaPelle, BBA77, is a marketing manager for Henrico County School Nutrition Services in Henrico, Virginia. James P. McDonald, BBA77, is a sales representative at Martin Equipment of Iowa in Dubuque. Ronald E. Rolwes, BBA74, is a certified public accountant and fraud examiner for the Mayer Hoffman McCann accounting firm in Irvine, California. Brad Strader, BBA75, executive director of the Buena Vista Regional Healthcare Foundation in Storm Lake, Iowa, is one of the Iowa Hospital Association’s 2014 Iowa Hospital Heroes for his support of the Buena Vista Regional Medical Center and Buena Vista University premedical students.

1960s Rick Echternacht, BBA68, is an office manager and sales administrator for Jobst, a parts manufacturer in Eden Prairie, Minnesota.

1950s C. Gary Gately, BSC57, JD61, an attorney with the Whitfield & Eddy law firm in Des Moines, has been named to Best Lawyers in America 2015.

DISTINGUISHED ALUMNI AWARDS Several Tippie alumni will receive Distinguished Alumni Awards at an upcoming ceremony on June 13. The UI Alumni Association has recognized accomplished alumni and friends with this high honor since 1963. Tom Kloet, BBA80, will receive a Distinguished Achievement Award. He is the former CEO of TMX Group Limited, which operates the Toronto-based stock exchange. He was recently elected to NASDAQ’s board of directors as a nonexecutive director. Throughout his 30-year career in international business, he helped steer a vital financial industry through technological advances and tumultuous times. He is a member of the Tippie Advisory Board. Sarah Dunkerton Lande, MBA83, will receive a Distinguished Service Award. She is the retired executive director of the Iowa Sister States organization and is widely admired as a citizen diplomat who has advanced Iowa’s international relations and reputation around the globe. Dana C. Ramundt, BBA74, also will receive a Distinguished Service Award. He was instrumental in establishing the Vaughan Institute of Risk Management and Insurance at Tippie, enabling hundreds of students to achieve success and providing critical support to one of Iowa’s important industries. He is president of The Dana Company and was recently included in Insurance Business America magazine’s Hot 100 list for 2015 (top thought leaders and influencers in the insurance industry).

UPCOMING ALUMNI Events Our alumni base of more than 47,000 spans a broad range of people with varied interests, so we’re working hard to provide you with an array of alumni options. If you have suggestions for future events, please contact Ashley Funkhauser, assistant director of alumni relations, at 319-335-2679, ashley-funkhauser@uiowa.edu.

CHICAGO ALUMNI Be on the lookout for more information about an alumni event this summer.

HOMECOMING – Friday-Saturday, Oct. 9-10. Join us for a BBQ in the Pappajohn Business Building courtyard on Friday night before the parade in downtown Iowa City. The Hawkeye football team plays Illinois on Saturday. More info: tippie.uiowa.edu/alumni/events

Summer 2015 b 21

Sharon Scheib: A True Contributor July 19, 1944 – March 15, 2015

Sharon Scheib dedicated herself to advancing the reputation of the Tippie College of Business. From 1984 to 2004, she was the director of communication and external relations for the college until her retirement in 2006. She passed away at the age of 70 on March 15 after a three-year battle with cancer. Prior to her passing, a group of former colleagues met in November on campus to kick off the Sharon Scheib Professional Writing Initiative in her honor. The fund will provide resources to help the Frank Business Communication Center extend its programs to more students in the college. The fund is particularly fitting due to her educational background and her talent of wielding the power of the written word. After graduating valedictorian of her high school class, she became an Alden Scholar at Allegheny College, earning a B.A. in English.

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She attended Temple University for graduate work where she met her future husband, Jim. She taught English at several schools in Pennsylvania and Iowa before beginning her career at the University of Iowa.

and engage an active Board of Visitors (today’s Tippie Advisory Board). Many of these successes can be attributed to Sharon, who had a special ability to provide insights, to teach, and even, sometimes not so patiently, to disagree.”

Given how instrumental Sharon’s own writing and editing were in promoting the college, it seems particularly fitting that her friends and supporters developed a fund in her honor that will help expand writing programs that specifically will enable MBA and Ph.D. students to benefit from the same fine services offered to Tippie undergraduates.

Frank Center director Pamela Bourjaily notes, “Tippie graduate students and their faculty mentors and departments have been clamoring for access to the center and for programming that meets their particular professional writing needs. This initiative will allow the center to deliver that program-specific support to Tippie graduate students while providing a centralized resource at Tippie for all business students to improve their writing.”

George Daly, dean from 1983 to 1993, cites Sharon as one of the heroes behind the expansion and success of the college. “She didn’t seek the limelight but instead made sure that the great stories and achievements of the college and its alumni and friends were highlighted — at the right place and at the right time,” he says. Gary Fethke, dean from 1993 to 2006, adds, “Sharon knew how to make the English language work in the college’s favor, and she stressed the importance of clearly articulating any idea. It took many years for the college to build a solid donor base, develop its programs

And now it’s our turn to take the college a step farther by honoring someone who facilitated its growth and international status. We invite all of you to be a part of this initiative, because you know Sharon or support writing within the college, or because you personally benefited from writing assistance at the Frank Center. Your support of the Sharon Scheib Professional Writing Initiative (givetoiowa.org/scheib) will ensure that going forward, all Tippie students are better prepared to communicate effectively in the world of business. b

IN Memoriam Jude West March 26, 1931 – April 13, 2015

Larry Sgontz March 11, 1936 – January 7, 2015

Emeritus Professor Jude West, 84, a longtime UI business professor, is being remembered as a teaching legend, a champion of Iowa nonprofit organizations and an exemplary public citizen.

Former Tippie faculty member Larry Sgontz passed away on Jan. 7, 2015, at the age of 78.

Jude began his career at the University of Iowa in 1963. As a faculty member in the Department of Management & Organizations at Tippie, he was highly regarded for his expertise in facilitating strategic planning processes and mediating conflicts within organizations. He had been called the “Henry Kissinger of the University of Iowa” for his service to units around campus helping them work through issues, develop a framework for future growth and change, and develop action steps toward those goals. Jude also helped to create the Larned A. Waterman Iowa Nonprofit Resource Center in 2000 in the College of Law. Working with law professor and emeritus president Willard “Sandy” Boyd, he helped develop the center from an idea to a vibrant organization that provides training for nonprofit leaders that range from fundraising to organizational effectiveness. He retired in May of 2001 but continued to serve the university and the community through work with the Iowa Nonprofit Resource Center, as interim vice president of strategic communications, and as a faculty member in Tippie’s Executive MBA Program. “I have been impressed by how many alumni I have met that have fondly remembered Jude West,” said Tippie Dean Sarah Fisher Gardial. “He was beloved and had a personal impact on so many of his students. Personally, when I came to Iowa, Jude took the time to meet with me, share his wisdom and counsel, and provide insights that have been so helpful. He didn’t have to do that, but he did because he has always had this institution and its people at heart.” Jude received many awards in his career including GREAT awards from Executive MBA students, the Hancher-Finkbine Faculty Medallion, the Michael J. Brody Award for Faculty Excellence in Service and the Distinguished Faculty/Staff Award from the UI Alumni Association. He had long been committed to various social organizations and served on the advisory board of Systems Unlimited. His community efforts have been recognized with such accolades as the Benjamin Franklin Philanthropy Award, the Iowa City Human Rights Isabel Turner Award, and induction into the ARC of Southwest Iowa Hall of Fame.

Larry joined the college in 1964, first as a member of the Bureau of Business and Economic Research before formally joining the economics faculty. During his long tenure, Larry served the department in a number of capacities, including acting director of the Bureau of Business and Economic Research (1966-68), director of Graduate Programs (1969-71), and department operations officer (1990-92). Larry retired in 1996. He received his Ph.D. in economics from the University of Illinois at Champaign in 1963.

Dempsey Prappas November 11, 1924 – April 18, 2015 Dempsey (Demosthenes) James Prappas, a great friend of the Tippie College, was born in Detroit, the son of Greek immigrants. After high school, he enrolled in Wayne State University, but his college career was interrupted by WWII. As a member of the 80th Infantry Division’s 317th Anti-Tank Company, he landed with his division at Omaha Beach on D-Day in 1944. Dempsey was seriously injured by machine gun fire in Pont-à-Mousson, France, and received a Purple Heart and a Bronze Star. After WWII, he attended the University of Michigan, receiving a bachelor’s degree in political science and a law degree from the University of Texas in 1953. He formed his own law firm in 1964 where he practiced for 30 plus years, joined Texas Petrochemicals Corp. as general counsel and continued in private practice in Houston through 2009. Prappas married his wife, Mary (BSC49), in 1953, living in Houston for more than 50 years. In 2012 they moved to Iowa where she grew up and studied business at the UI. They spent their time and resources actively supporting the Tippie College and the UI College of Law.

Online condolences may be directed to the family at www.lensingfuneral.com. Summer 2015 b 23

IN MEMORIAM

IN Memoriam Steve Wilkinson March 29, 1941 – January 21, 2015 Steve Wilkinson, a native of Sioux City, Iowa, passed away at the age of 73. He earned a BBA degree in 1963, an MBA in 1965, and a Ph.D. in 1975 (in religion), all from the University of Iowa. He was a star varsity athlete on the UI tennis team where he placed second in the Big Ten Championship tournament his senior year, eventually playing professional tennis for a few years. After graduation, he joined the religion faculty at Gustavus Adolphus College and coached the men’s tennis team to 923 victories and two national titles. He was inducted into the U.S. Professional Tennis Hall of Fame in 2013. He and his wife, Barbara, founded the Tennis and Life Camps, designed to train tennis players of all skill levels and ages, which they ran for more than 35 years.

Jack A. MacAllister July 12, 1927 – February 14, 2015 Jack A. MacAllister passed away after a lengthy battle with Parkinson’s disease. He grew up in Humeston and Vinton, Iowa. After a short stint in the Navy as WWII ended, he enrolled at the University of Iowa, graduating with a BSC degree in 1950. After graduation, Jack joined Northwestern Bell as a telephone installer. Moving up through the ranks of the company, he eventually served as president of Northwestern Bell in Omaha, Nebraska. His career culminated in 1982 with his appointment as the CEO and chairman of US WEST, the offspring of the governmentmandated divestiture of AT&T. MacAllister built US WEST into a Fortune 500 company, embracing diversity and encouraging the recruitment and advancement of women and minorities within the company. In addition to serving on numerous corporate and nonprofit boards, he established the US WEST Foundation, dedicated to funding philanthropic community efforts in the 14-state US WEST region. He retired in December 1990. He and his wife also established the Jack and Marilyn MacAllister Scholarship Fund at the UI Foundation to benefit business students.

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1930s

Anna J. Alsop, BSC39 Charles C. Alsop, BSC37 Jack L. Echelson, BSC37 Ruth Fox, BSC35 Carl E. Gleysteen, BA35, JD37

1940s

Walter F. Berns Jr., BSC41 Louis A. Bertrand, BSC49 John G. Blietz, BSC49 Reva E. Chapman, BSC45 Helen E. Clauson, MA40 Pauline P. Cordell, BSC46 John F. Davie, BSC49 Fredrick J. Haesemeyer, BA47, BSC49 Geraldine Haller, BSC40 Dale L. Halstrom, BSC49 Dayton G. Howe, BSC43 Donald J. Huegerich, BSC43 Arthur R. Keller Jr., BSC47 Sara J. Latimer, BSC43 George E. Lemen Jr., BSC49 Don W. McClurg, BSC41 Bruce L. Miller, BSC41 Paul C. Owens, BSC42, JD48 Philip A. Paule, BSC48 Arthur P. Paulsen, BSC49 Lila B. Petsch, BSC47 Mary E. Raim, BSC48 Robert V. Smith, BSC41 W. Floyd Smith Jr., BSC41 W. Kenneth Stuhmer, BSC49 Carrol V. Voelkers, BSC49 David H. Wilson, BSC48 Gerald G. Wiltse, BSC49

1950s

Clifford H. Baak, BSC51 John R. Beem, BSC55 Clayton C. Bohstedt, BSC52 Ned C. Brandt, BSC53 Howard A. Christensen, BSC59 Dean T. Cubbage, BSC57 Joel J. Dauten, PhD54 Herbert A. Davis, BBA59 David C. Drinkwater, BSC50 David H. Ekblad, BSC52 Jack Hartle, BSC50 Gene F. Hasley, BBA59 Kenneth A. Havel, BSC58 Donald A. Hill, BSC59 Curtis J. Hockaday, BSC56 Clark A. Johnson Stanley R. Johnson, BSC50 James M. Kelly, BSC54 Donald D. Koons, BSC57 Richard N. Malliet, BSC50 Richard E. McCauley, BSC55 Marilyn Margaret Meyer, MA54 Paul B. Miller, BSC53 Russell E. Morris, BSC57 Keith A. Morse, BSC50 M. Geneva Nay, MA50 James H. Neal, BSC56 Roger W. Pearson, BSC54

Richard F. Phelan, BSC56 Charles V. Pierce, BSC58 Donald F. Pospishil, BSC58 Edward B. Quant, MA52 William A. Ranshaw, BSC51 Carroll D. Reinert, BSC50 Lowell L. Robertson, BSC57 Wanda J. Roselli, BSC56 Leo C. Rosenberger, BSC50 Charles A. Ruhl, BSC50 Donald F. Schueth, BSC59 Roger H. Spilde, MA58 Richard H. Stubbs, BSC57 Donald D. Surls, BSC58 James J. Tank, BSC57 Norman Ullestad, BSC51 Gale C. Volz, BSC57 Irene M. Ziv, BSC50

1960s

Gerald A. Corda, MA64 William F. Hancock Jr., BBA64 Wayne R. Kimmell, BBA60 Emil J. Koval, MS67, MBA78 Ralph W. LaCombe Jr., MA62 Carroll R. Lust, BBA60 Larry G. Rathje, BBA67, MBA72 Donald H. Saxton, BBA62, MA64 Harold S. Sekiguchi, PhD64 John R. Walde, BBA63 Ted E. Weirather, BBA69 Thomas A. Welsch, MBA67 Charles H. Welter, BBA66 Paul E. Wyant, MA67, PhD79

1970s

James E. Bailey, BBA70 Ruth E. Bruch, BBA74 David F. Herzog, MBA77 Kirk J. Naber, BBA75 John R. Snyder, BBA74

1980s

Jonathan L. Butler, BBA80 Douglas J. Butzier, BS80, MD84, MBA07 Trevor N. Crick, PhD81 Michael E. Franken, BBA86 Kathleen A. Gassman, BBA87 Donald W. Kreger, BBA80 Stephen A. Kroner, BS88, MBA91 David A. Norbeck, BBA85 Evan Oliff, BBA85 Loren J. Peck Jr., BBA87 James H. Schmickley, MBA82 Patrick G. Seemuth, BBA87 Brent Alan Selix, BBA80 Linda Marie Smith, BBA84, MBA86 Gary A. Zimmerman, BBA81

1990s

Barbara K. Bice, BBA92 Diane L. Goodlow, BBA92 Thomas A. Niemi, MBA94 James M. Thune, BBA92 Gerald L. Wilgenbusch, BBA93

T H E UNI V E R S I TY O F I O W A T I P P I E C O L L E G E O F B U S I NE S S

A DM INISTR ATI ON Sarah Fisher Gardial Dean Kurt M. Anstreicher Senior Associate Dean David Frasier Associate Dean (MBA Programs) Kenneth G. Brown Associate Dean (Undergraduate Program) Barbara Thomas Executive Director of Communication, Alumni, and External Relations Gregory Lamb Executive Director of Development for the Tippie College of Business University of Iowa Foundation Jana Michael Director of Development for the Tippie College of Business University of Iowa Foundation Michael D. Morgan Associate Director of Development for the Tippie College of Business University of Iowa Foundation Shelly J. Mott Associate Director of Development for the Tippie College of Business University of Iowa Foundation

LEADERSHIP

TIPPIE ADVISORY BOARD

Kyle Krause President and CEO Kum & Go LC

Andy Sassine Portfolio Manager (former) Fidelity Investments

Robert C. Arzbaecher Chairman of the Board Actuant Corporation

Curtis K. Lane Portfolio Manager Concordant Partners

Mark Buthman Senior Vice President and CFO Kimberly-Clark Corporation

Terrance Lillis Executive Vice President and Chief Financial Officer Principal Financial Group Inc.

Kent Statler Executive Vice President and COO, Commercial Systems Rockwell Collins

Kathleen A. Dore President (Former) Broadcasting CanWest Mediaworks Jack Evans President The Hall-Perrine Foundation Michael Frantz Executive Director Franz Community Investors LLC Michael C. Gerdin CEO, Chairman, and President Heartland Express Christopher J. Hoffman Senior Partner PricewaterhouseCoopers James Israel President, Worldwide Financial Services (retired) Deere & Company Chris Klein CEO and Board Member Fortune Brands Home and Security Thomas A. Kloet Member, Board of Directors NASDAQ

Michael F. Mahoney President and CEO Boston Scientific Corporation Claudia T. Marban, ex officio Financial Advisor and President Claudia Marban & Associates/ Ameriprise

Margaret (Peg) M. Stessman CEO and Chairman StrategicHealthSolutions Elizabeth Villafana Consultant Michael J. Wokosin Vice President, Digital Marketing Redbox

John Miclot President and CEO Tengion Inc.

Eden Y. Woon Vice President for Institutional Advancement Hong Kong University of Science and Technology

Kathleen A. Minette General Manager and Senior Vice President, Assessment Scoring Pearson

TIPPIE EMERITUS ADVISORY BOARD

John Pappajohn President Equity Dynamics Inc.

Leonard A. Hadley Chairman and CEO (retired) Maytag Corporation

Charles M. Peters President and CEO SourceMedia Group

Jerre L. Stead Chairman IHS Inc.

Rogelio M. Rebolledo President and CEO (Former) Frito-Lay International

Henry B. Tippie Chairman of the Board Dover Motorsports Inc. and Dover Downs Entertainment Inc.

Sherry Salata President OWN-The Oprah Winfrey Network and Harpo Studios The University of Iowa prohibits discrimination in employment, educational programs, and activities on the basis of race, national origin, color, creed, religion, sex, age, disability, veteran status, sexual orientation, gender identity, or associational preference. The university also affirms its commitment to providing equal opportunities and equal access to university facilities. For additional information contact the Office of Equal Opportunity and Diversity, (319) 335-0705.

Nonprofit Organization U.S. Postage 108 John Pappajohn Business Building Iowa City, Iowa 52242-1994

tippie.uiowa.edu

PAID

Permit No. 45 Iowa City IA