Summer 2016
SUMMER 2016 TIPPIE COLLEGE OF BUSINESS
M A G A Z I N E
INSIDE 2
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For 20 years, the vision of John and Mary Pappajohn has been at work through the college’s John Pappajohn Entrepreneurial Center.
The Birchwood Fields Learning Center in Davenport is the college’s new location for educating Quad Cities professionals.
Cover Story: Expanding the Entrepreneurial Spirit: 20 Years of Growth
By Lesanne B. Fliehler
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Institute Makes International Business Real
The Institute for International Business has a new focus: to provide students with international business experiences through real-world projects and trips abroad. By Ruth Paarmann
Tippie College New Home in the Quad Cities Ready for Business
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Life After the Ph.D.
Tippie Ph.D. alumni are living and working around the globe in top-tier universities and businesses.
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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. Copyright Š 2016. Tippie College of Business, University of Iowa. All rights reserved.
Pub l i sher Sarah Fisher Gardial sarah-gardial@uiowa.edu
SECTIONS
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Tippie by the Numbers . . . . . . . . . . . . . . . . . . . . . . 7 College News . . . . . . . . . . . . . . . . . . . . . . . . . . . 14 Alumni News . . . . . . . . . . . . . . . . . . . . . . . . . . . 20 In Memoriam . . . . . . . . . . . . . . . . . . . . . . . . . . . 24
Executive Director of Communication, Alumni and External Relations Barbara Thomas barbara-thomas-2@uiowa.edu Edi tor Lesanne B. Fliehler lesanne-fliehler@uiowa.edu D esi gn WDG Communications Inc. www.wdgcom.com Wri ters Lesanne B. Fliehler Ruth Paarmann Tom Snee Phot ographers Alex Kroeze Ben Handler Braden Kopf Joe Photo/Impact Photo John Mohr Photography Justin Torner, UI Strategic Communication Mark Tade Tim Schoon, UI Strategic Communication William J. Adams
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 $10 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.
TIPPIE ONLINE b tippie.uiowa.edu b facebook.com/TippieIowa b flickr.com/TippieIowa b instagram.com/TippieCollege b LinkedIn: Search for University of Iowa – Henry B. Tippie College of Business b pinterest.com/tippiecob b twitter.com/TippieIowa
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COVER Story
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n 1996, a $1.5 million gift from Mary and John Pappajohn expanded the scope of the Institute for Entrepreneurial Management, which since 1986 had focused on teaching and cultivating entrepreneurship among Iowa students and Iowa businesses. In recognition of their gift, the institute was renamed the John Pappajohn Entrepreneurial Center (JPEC).
“Entrepreneurialism is the cornerstone of business activity. If we can help the students to become successful entrepreneurs, we will help the economy of the state of Iowa.”
“The Pappajohns’ support has had a transformational impact across the entire UI campus,” says David Hensley, executive director of JPEC. “The gift was the seed to accelerate entrepreneurship education and new venture creation across the state. We’ve leveraged this gift to significantly expand programming so all UI students and residents in Iowa may have access to entrepreneurial education.”
– John Pappajohn (BSC52), 1996
2 b UI Tippie College of Business
ACADEMIC IMPACT: DEGREES, CERTIFICATES AND MORE For 20 years, Iowa students have been learning about entrepreneurship through course work and experiential learning opportunities, solving real-world problems for Iowa businesses and professional development activities.
Venture School participants accelerate their business startups through real-world experimentation and valuable feedback.
Today, JPEC serves thousands of students each year, making it one of the largest and most comprehensive entrepreneurial programs in the country. It is recognized as a National Model Undergraduate Program by the United States Association for Small Business and Entrepreneurship. JPEC’s academic offerings include: b BBA degree in Management (students enroll in the entrepreneurial management track within the management major) b Certificate in Entrepreneurial Management (complements any UI undergraduate major) b Technological Entrepreneurship Certificate (combines engineering technology, entrepreneurship and business education) b Certificate in Performing Arts Entrepreneurship (applies entrepreneurship to arts organizations) New this year is the B.A. degree in enterprise leadership, a College of Liberal Arts and Sciences degree program offered with the support of the Tippie College. Course work blends entrepreneurship, leadership and professional communications. Currently, more than 300 students have chosen the major. “We expect this to become a very popular major for liberal arts and science students,” Hensley says, “because it is designed to prepare students for career success — whether they desire to be an innovator inside a large organization or
aspire to be an entrepreneur and launch their own business.” The center has also extended its reach across the state of Iowa, creating unique partnerships with Iowa community colleges. JPEC faculty teach at Des Moines Area Community College, Iowa Western Tech Community College (Sioux City) and at Iowa Western Community College (Council Bluffs). “This is an example of the program innovation the Pappajohns have encouraged us to pursue,” Hensley says. “Faculty co-teach for the university and at their community college. We believe this partnership is unique among research universities, and it wouldn’t have been possible without strong UI and community college partner support.” This year alone, the faculty, which includes award-winning Tippie faculty and entrepreneurs who have built successful businesses, taught 60 on-campus courses and 31 online courses. The BBA, the B.A. and the Certificate in Entrepreneurial Management are now offered online, opening up courses for students across the state.
The courses support Iowans who want to advance their careers but can’t relocate to Iowa City due to family or career commitments. “The students in the online undergraduate programs develop the same entrepreneurial-minded leadership skills, innovative management tools, strategic problem-solving expertise and business planning skills as students enrolled on campus,” Hensley says. Soon there will be one more opportunity to enroll in courses away from the Iowa City campus. The B.A. in enterprise leadership will be offered on the former AIB College of Business campus in Des Moines in the fall of 2016.
SCHOLARSHIP SUPPORT: ONE THING LEADS TO ANOTHER It’s undeniable that students see the value in studying entrepreneurship at Iowa: More than 2,950 students have graduated with a BBA degree or a certificate since 1997. Summer 2016 b 3
Cover story continued
And the Pappajohn gift has been front and center, supporting many of them through scholarships. Sydney Kurtz, a junior finance and management major from Ottumwa, Iowa, will graduate with a BBA degree and the Certificate in Entrepreneurial Management. The John and Mary Pappajohn Entrepreneurial Scholarship was “absolutely essential” in helping her pay for college, she says. “For the most part, I’m taking out loans and working 20 hours a week,” Kurtz says. “That barely gets me by, so being heavily involved in JPEC programming must have shown the scholarship committee that I’m invested in my studies.” Not one to squander an opportunity, Kurtz jumped head first into JPEC course work during her freshman year. Once enrolled in the college, she was hired as a JPEC office assistant and became a JPEC student ambassador, where she served as a mentor to other students and networked with high-profile alumni.
“I changed because of JPEC. It unlocked the entrepreneurial spirit in me.”
– Sydney Kurtz, junior finance and management major
Sydney Kurtz is president and co-founder of Sigma Nu Tau, a new academic honor society for student entrepreneurs.
Although she wasn’t involved in many activities in high school, she says she “can 100% say I changed because of JPEC. It unlocked the entrepreneurial spirit in me.” That motivation led her to help found Sigma Nu Tau, a new academic honor society that started at Tippie in April 2015, the first in the Big Ten. The organization is selective (capped at 30) and open to those with a 3.2 grade-point average or higher and junior
status or above. Today she is its president and is helping to differentiate it from other student organizations to provide value to its members. “I felt like the entrepreneur who’s finding the focus of that organization,” she says. “Entrepreneurs are the ‘doers,’” Kurtz says, “and I love surrounding myself with like-minded people who are looking to grow both personally and professionally.”
LEARNING OUTSIDE THE CLASSROOM Student organizations are only the tip of the iceberg of offerings JPEC makes available beyond the classroom. Among them are those that support student learning while providing opportunities for Iowa businesses to connect with students and JPEC: b Iowa Student Internship Program provides grants to Iowa companies in advanced manufacturing, biosciences and information technology industries to support internship programs; 4 b UI Tippie College of Business
b Iowa Innovation Associates offers real-world job experience with Iowa-based startups and early-stage companies through internships; b Okoboji Entrepreneurial Institute immerses students in a week-long program on entrepreneurship and business strategy through a team-based computer simulation venture, entrepreneurial and career mentoring, and networking; b Entrepreneurial Management Institute students serve as consultants to Iowa business organizations and entrepreneurs while conducting strategic market research, competitive analyses and financial assessments; b Iowa Medical Innovations Group introduces students to all phases of medical device/technology development; b Institute for International Business brings students and Iowa companies together to help Iowa businesses pursue global opportunities (see story page 8); b Founders Club, a student group located in the Bedell Entrepreneurship Learning Laboratory (BELL), a business incubator where students apply their knowledge to create new ventures or work on growing their existing company; and b Summer Accelerator/Venture School helps launch new ventures and teaches participants how to utilize the Business Model Canvas and perform customer discovery for their entrepreneurial activities. The BELL celebrates its 10th anniversary this year. Since its inception, more than 600 students and 324 student teams have started new businesses. This year, there are 60 new startups, 15 of which are located in the BELL. As BELL participants, they are designated as Founders Club members. Connor Alne, a junior prebusiness major from Fort Dodge, Iowa, is a Founders Club member. His company, the National College Gaming Association, gives amateur video game enthusiasts the opportunity to participate in tournaments hosted by
the association. E-sports (teams playing video games against each other in tournaments) is the fastest-growing sport in the world, Alne says. His company’s tournaments have been held at the University of Iowa, Iowa State University, the University of Illinois and a fourth tournament is scheduled in Kansas City. Typically, 100 gamers will be participating. Statistics and videos from tournaments, where gamers play Call of Duty and Halo, are collected and sent to professional teams, who may be recruiting members.
“Jeff helps connect me with people, gives me extremely valuable advice on growing my business and offers great insight from his experience in business,”
– Conner Alne, junior prebusiness major
“Gamers get a bad rep nowadays for being lazy and not going anywhere, but there are kids making millions of dollars playing on professional teams,” he says. “We’re giving gamers an opportunity to grow and possibly have a career doing what they love.” Alne has taken advantage of Founders Club membership: office space, funding opportunities, workshops, networking and community exposure. Students are also given one-on-one mentoring. His mentor is Jeff Nock, a lecturer and entrepreneur-in-residence with JPEC. “Jeff helps connect me with people, gives me extremely valuable advice on growing my business and offers great insight from his experience in business,” Alne says. Two other successful Founders Club members are Matthew Rooda and Abraham Espinoza whose company, SwineTech, hopes to reduce the number of piglet deaths in the pork industry by creating a biotech device that prevents the sow from laying on her piglets. Piglet deaths cost pork producers $8.9 billion a year. Just a year after founding, they have surpassed the $100,000 level in competition prizes. Their most recent win of $30,000 was at the International Business Model Competition in Redmond, Washington.
Connor Alne, a junior from Fort Dodge, Iowa, is a member of the Founders Club and has one of the 15 businesses in the BELL.
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ACROSS IOWA: LAUNCHING NEW VENTURES
As important as it is for JPEC to educate students about entrepreneurship, the Pappajohns’ gift also helped the center support entrepreneurs statewide. “Our center has always strived to provide education, training and support to all Iowans; several of our programs, including one of our newest, UI Venture School, are designed to enhance the state’s entrepreneurial ecosystem,” Hensley says.
Elizabeth Caven’s company, UpCraft Club, got its start at a Venture School held in Des Moines.
Taught by successful entrepreneurs, Venture School is a six-week intensive program offered in Cedar Rapids, Cedar Falls, Davenport, Iowa City, Des Moines, Sioux City and Council Bluffs. Participants learn to evaluate their business concepts through customer discovery and strategic business analysis to find out if their idea or new product has a market. Elizabeth Caven attended the Venture School in Des Moines in 2014. During that time, she was working on development of Pick-a-brain, a consulting company. She quickly learned that the sales cycle for such a company is “incredibly long.” “It was going to be very capital-intensive up front because we wouldn’t have customers for almost 9 months,” she says. “Letting Pick-a-Brain fail fast was key so that I didn’t waste a lot of time, energy and money on a business that wouldn’t go anywhere.”
ABOUT THE PAPPAJOHNS The Pappajohns have gifted over $100 million to various philanthropic causes, including the University of Iowa to support the John Pappajohn Business Building, the Pappajohn Pavilion, the John and Mary Pappajohn Cancer Center, and the John and Mary Pappajohn Biomedical Research Building. John and Mary Pappajohn have contributed more than $25 million to fund the Pappajohn Entrepreneurial Centers at five colleges in Iowa (UI, ISU, UNI, Drake and North Iowa Area Community College) to promote job creation in the state. b 6 b UI Tippie College of Business
Caven’s new business, UpCraft Club, makes available high-quality digital sewing patterns to brick-and-mortar fabric shops and for purchase on the web. This past year, she received $75,000 from pitch competitions to support the company’s development, including winning $10,000 in last summer’s Venture School pitch competition. “Using those resources, I was able to bootstrap the company, get a patent and trademark filed, create a website and market it,” she says. San Francisco’s 500 Startups accelerator took note of her work and she became one of 53 companies this year to receive a $125,000 investment in her company (500 Startups receives
a 5% stake in the company). She spent four months in San Francisco, learning more about e-commerce distribution. “Venture School helped me execute my vision, which is what having an entrepreneurial mindset means,” she says. “I’ve also learned what my strengths and weaknesses are and brought in the right people to work with me. That’s being a successful entrepreneur, which I’m working on every day.” The programs and academic offerings that JPEC supports have helped to create a dynamic entrepreneurial ecosystem across the UI campus and around the state, Hensley says. “For each program developed or course taught, there are hundreds if not thousands of people who have benefited,” he says. “Maybe they’ve started a company or affected change within a company as an intrapreneur. In addition, the availability of equity capital and growth in other communitybased programs is at an all-time high. I think it is safe to say that John and Mary Pappajohns’ vision 22 years ago has fundamentally changed the playing field for Iowa entrepreneurs.” b
GRADUATE
SPECIAL
229
EDITION
JOHN PAPPAJOHN ENTREPRENEURIAL CENTER The John Pappajohn Entrepreneurial Center continues to expand access to entrepreneurial education and to support student entrepreneurs. In addition, it supports entrepreneurs statewide to accelerate growth and economic development.
GROWTH
PARTICIPANTS
UNDERGRADUATE
57,126
PROGRAM, SEMINAR AND WORKSHOPS
YOUTH IMPACTED SINCE 1996
SCHOLARSHIPS
FOUNDERS CLUB
60 $22,500
BUSINESSES IN THE FOUNDERS CLUB
TO 17 STUDENTS
HOURS
693
8,773 +
HOURS OF DEDICATED ONE-ON-ONE CONSULTING TO FOUNDERS CLUB PARTICIPANTS
HOURS DEDICATED TO CLIENTS
All data from JPEC’s 2015 Annual Report.
COURSE SECTIONS
3,883
115 ENTREPRENEURSHIP COURSE SECTIONS
ENROLLMENTS
YOUTH
8,937
ENROLLMENTS
JPEC ALUMNI ALUMNI TO DATE (SINCE 1977) — INCLUDES BBA ENTREPRENEURIAL MANAGEMENT (TRACK), CERTIFICATE IN ENTREPRENEURIAL MANAGEMENT, TECHNOLOGY ENTREPRENEURSHIP CERTIFICATE AND CERTIFICATE IN PERFORMING ARTS ENTREPRENEURSHIP
CLIENTS
2,950 FUNDING
$131,100
894
CLIENTS ASSISTED
SEED MONEY
STARTUPS
NEW JOBS
242 525 SERVED
JOBS CREATED Summer 2016 b 7
The Institute for International Business (IIB), a part of the college since the mid-1990s, began reporting to the John Pappajohn Entrepreneurial Center (JPEC) in 2014.
Its new focus: Providing students with international business experiences through real-world projects and trips abroad.
8 b UI Tippie College of Business
Through experiential learning, IIB is the hub that connects students to Iowa businesses involved in global commerce and microenterprises in developing countries. “Before I started, the IIB was more focused on international business research and language programs,” says Dimy Doresca, IIB director. “We shifted the mission so students have
opportunities to do real work in international business.” That shift was a game changer for the college. The IIB now promotes Iowa’s economic interests by increasing international skills and entrepreneurship in UI students while strengthening the links among the college, Iowa businesses and the world.
“My goal is to help students cultivate a global mindset and understand the intricacies that exist in conducting business outside of the U.S.” Doresca says.
H E L PING I O W A CO M P ANI ES GO G L OB A L
major from Saudia Arabia, was involved in researching health care-related signage markets in Saudi Arabia, Qatar, United Arab Emirates and Bahrain for a project with ASI Signage in Grinnell, Iowa. Alsaeed says it was one of the best classes he’s taken at Iowa.
The IIB offers several ways students can connect to international business endeavors. One way brings small- and medium-sized Iowa companies together with students through a JPEC course or independent study.
“I was hungry to apply what I have learned to real life and have a real experience to help me for my future,” he says. “I had to put in the effort and go outside my comfort zone. We all put our work together and came out with something really good for the company.”
When Doresca speaks to civic, service and economic development organizations around the state, he learns about companies who are considering entry into international markets. This provides him with the business connections to create projects in which the students can perform strategic research and present it to the company.
Over the past school year, IIB students assisted six Iowa companies with research into opportunities in the Middle East, Singapore, China, Germany and South Africa. Doresca mentored the 20 students. While the majority are from Tippie, some are earning degrees in the Colleges of Engineering, Liberal Arts & Sciences and Public Health.
“We work as a consulting firm,” Doresca says. “The students learn great project management skills as well as how to formulate strategies for companies, analyze risks and identify tools to mitigate those risks. They are accomplishing something for real; something that has their handprints on it.”
I NT ER NA T IO NAL C O NSUL T A NT S I N B EL IZE
Hassan Alsaeed, an interdepartmental studies and health science
The IIB also offers the course, International Entrepreneurship & Culture, which includes classroom learning about another country and a trip abroad. Doresca works with fellow lecturer, Bob Walker, to plan up to four trips per year.
A native of Haiti, Doresca has participated in international business for more than 20 years. His experience working for Stanley Consultants in Muscatine, Iowa, took him to India, Vietnam, the United Arab Emirates, Qatar and Kuwait. In March 2016, the U.S. Commerce Secretary appointed him to the Iowa District Export Council. He and 14 other members with global business experience will provide counsel to Iowa businesses that want to expand operations overseas.
“We make connections with the countries and put together a project plan. The students research the business culture and more so we can maximize the use of our time while in country,” Walker says. Walker and three teams of three students traveled to San Pedro Columbia in steamy southern Belize over spring break to help two microenterprises and the Summer 2016 b 9
Dimy Doresca (right) visited the Ecole Supériere Polytechnique in Senegal to learn of possible study-abroad and experiential learning opportunities for students.
to Cuba, Belize, South Africa and Senegal. They will adapt the projects to the unique business needs and cultural environments of the destination countries.
BR INGING T HE I NT ER NA T IO NAL EX P ER IENCE TO CAMP US community’s primary school. One team worked with a group of Mayan artisans who sell their work to tourists going to and from the village’s Lubaantun Mayan ruins. Another team helped Marciana and Richard with their Mayan and Creole restaurant, which consists of three tables on their front porch. The team created a logo, tagline and sign to help draw in tourists. International relations major Mary Elizabeth Snell appreciated getting the Belizeans’ perspective on Americans. “It was great to do meaningful work and come back to reflect intellectually on it.” The trip was the first outside of the U.S. for Connor Welvaert, an enterprise leadership and economics major who graduated in May. To create a more sustainable food source, Connor worked to build an irrigation system and planned the garden inside a greenhouse. The intention is to produce enough vegetables to feed the school’s students; surplus vegetables will be sold to the community and the funds will be used for educational purposes. Doresca and Walker look forward to the trips planned for 2016-17 10 b UI Tippie College of Business
While IIB programs find students reaching out to businesses and different countries, one very special opportunity is bringing international visitors to the UI campus. The Mandela/ Washington Fellowship is a grant from the U.S. State Department that enables universities and colleges across the U.S. to host 25 young African leaders for six weeks. Doresca received a $150,000 grant award for the first time in the UI’s history. “This brings cross-cultural diversity to Iowa, where our students, faculty and staff will have a chance to interact with people from 25 countries in Africa,” he says. “At the same time, they will learn what we do in Iowa through meetings with Iowa business leaders, and
when they return to Africa, they will be the best ambassadors for the University of Iowa, the state of Iowa and especially the businesses, who can use those key contacts to penetrate markets in Africa.” On campus in June, the fellows will participate in the awardwinning JPEC Venture School. They will attend workshops on technology and innovation, global health, entrepreneurship, social justice and international law. Company and community visits will further broaden the fellows’ views of Eastern and Central Iowa, including visits to local businesses, the Amana Colonies, the Mother Mosque of America in Cedar Rapids and an Amish community. Cultures and people separated by 8,000 miles will come together in ways that can benefit their companies and countries. “Relationships, relationships. This is what matters in international business,” says Doresca. “It’s about knowing someone who can connect you with someone when you go to the country. You can get things done.” b
Hassan Alsaeed (right) and his teammates helped ASI Signage’s Michael McKeag consider how to sell the company’s products in the Middle East.
young entrepreneurs. When
Summer 2016 b 11
even greater value to professional and economic development in the region,” says David Frasier, associate dean of Tippie’s MBA Programs.
Governor Terry Branstad joined Dean Sarah Fisher Gardial for the ribbon-cutting ceremony.
Iowa’s highest-ranked part-time MBA program has a new “home” in the Quad Cities: the Birchwood Fields Learning Center in Davenport. “Tippie’s Professional MBA Program has been a part of the Quad Cities community for 50 years, and this new facility will strengthen that relationship and add
12 b UI Tippie College of Business
Professional MBA classes began in the new facility on January 11. The college’s facility occupies the 12,000-square-foot lower level of the two-story building. The building is a unique public-private partnership between the Tippie College and Russell Construction, which will provide leasable office space on the upper floor to the local business community. The college will also be offering leadership courses, custom programming and the new Business Analytics Certificate at the new facility. In addition to three technologically advanced classrooms, the facility houses
Above: The learning center has two large classrooms — a lecture-style room and a 120-seat classroom that can be separated into two 40-seat classrooms by movable walls.
five breakout rooms, one conference room, a reception area and a student lounge. Classroom technology allows the program to share classes and guest speakers with the Professional MBA
Governor Terry Branstad attended the ribbon cutting and said, “This partnership with education is critically important for the economic development and growth of our state. We talk about how education,
locations in Cedar Rapids and Des Moines, providing students at all three facilities with even more educational opportunities.
workforce development and economic development all have to work together to prepare for the jobs of the future.”
The Professional MBA Program is designed for working professionals, with classes offered primarily in the evenings, but also include online, weekend, and study abroad options. The flexible plan of study is designed to be completed in two to 10 years, so students can proceed at their own pace.
Since 2004, more than 500 students have graduated from the Quad Cities program, and they work at such Quad Cities-area employers as Deere & Co., ALCOA, Montgomery-Kone, Rock Island Arsenal, Riverboat Development Authority, AllSteel and HNI.
At its groundbreaking ceremony, Kurt Anstreicher, senior associate dean, said, “We’ve always had outstanding students in the Quad Cities, but we’ve never had outstanding facilities. This will include some active learning, tiered classroom space that we don’t even have in Iowa City.”
Left: The new facility includes technology-equipped breakout rooms where groups of students can work collaboratively.
This is the first time the university has had its own dedicated space in the Quad Cities, where it established its first remote location in 1966. The new facility includes four small breakout rooms, two conference rooms, a reception area and a student lounge.
The Quad Cities was the Tippie MBA’s first remote site; classes were first offered there in 1966. Most recently, MBA courses were offered in the Quad Cities Graduate Student Studies Center at Augustana College, the Kahl Building in downtown Davenport and most recently on the campus of the Palmer College of Chiropractic. b Summer 2016 b 13
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COLLEGE News
faculty and staff in the college? Subscribe to our monthly e-newsletter at tippie-news@uiowa.edu.
“(The ranking) will mean additional eyes will be on the program in terms of prospective students considering whether to enroll. When you look at the Top Five … we are by far the smallest program. So we occupy a boutique niche.” – David Frasier, associate dean of MBA Programs
# 1 I N F I NA NCE The Financial Times has named Tippie’s Full-time MBA Program as the best in the world for finance. In a recent list of rankings for business education, the London-based financial journal ranked the Tippie College over No. 2 Columbia Business School and No. 3 Warton School of Business at the University of Pennsylvania for its two-year, full-time MBA program tracks in finance. The ranking was based on the 2012 graduates’ ratings of their programs. In addition, the program’s employment rate at three months after graduation also was ranked high, at No. 2 in the world and No. 1 in the U.S.
F R I S V O L D R E CEIV ES $ 1 .3 MI L L I O N GR A NT David Frisvold, assistant professor of economics, is studying how obesity rates are affected in communities where restaurants publish the calorie counts of the food they serve. His research recently was awarded a $1.3 million grant from the National Institutes of Health (NIH) to study the nationwide impact of menu labeling. Since 2011 he has been collecting menus and the nutritional content of menu items in places where local ordinances require restaurants to publish calorie counts. David Frisvold, assistant professor of economics
14 b UI Tippie College of Business
He leads a team that has been surveying consumers since 2015 and will conduct three additional surveys in the next two years. They will continue to collect menu data for another three years. The project also will use health databases that measure obesity rates and compare data from before and after the menu labeling requirements took effect. Frisvold says he expects this project to improve researchers’ understanding of the impact that greater access to information has on obesity rates as well as the mechanisms through which calorie posting influences obesity.
T IPP I E S TU DENTS RE C E I VE TO P U I A W A R D S Jeffrey Ding and Carter Yerkes received two of the top UI awards this year: a Hancher-Finkbine Student Medallion and the Philip G. Hubbard Human Rights Award, respectively. Ding is a triple major in economics, Chinese, and political science and is pursuing a certificate in international business; he will also graduate with honors and Phi Beta Kappa designation. Recently, he was awarded a Rhodes scholarship. He has taken advantage of experiential-learning activities, including an internship at the Hong Kong Legislative Council during the height of the pro-democracy protests and an internship with the U.S. State Department that will take him to Senegal after graduation. He has served as vice president of Pi Alpha Phi fraternity, co-president and founder of the Economics Forum and is UISG’s sustainability liaison, among other activities. Yerkes is majoring in both finance and economics. Through his leadership on a variety of events, such as a vigil in solidarity with students at Mizzou, IC Red Week and Human Rights Awareness Week, he has worked to foster understanding within the campus community about the differences and issues that lead to discrimination and also to promote human rights around the globe. Yerkes created a support network called the Human Rights Student Collective, which brings together leaders from UI Students for Human Rights, Amnesty International and the University of Iowa United Nations Association and others to achieve a level of impact that the member organizations could not reach individually.
2015 CPA EXAM PERFORMANCE Tippie accounting students continue to do well nationally on the CPA exam. For the 2015 calendar year, the college’s first-time pass rate of 80% ranks it 13th among all larger schools in the U.S. (at least 60 candidates), second in the Big Ten and highest among Iowa’s public universities. This is significantly higher than the 55% national first-time pass rate.
TIPPIE FACULTY AND STAFF RETIREMENTS Linda Bostian, departmental administrator, Economics John Gallo, lecturer, Finance Larry Hershberger, director, Vaughan Institute of Risk Management and Insurance Timothy J. Lowe, Chester A. Phillips Professor of Operations Management, Management Sciences
T IPP I E BU I LD # 9 This spring the Tippie community began work on another Tippie Build/Habitat for Humanity home in the Iowa City area. This year’s partner family is Lamia Khowessah and her three children who left Alexandria, Egypt, more than a decade
ago to seek employment and education opportunities in the U.S. The first Tippie Build was completed during the 2006-07 academic year. It is the largest community service project in the history of the college. To date, Tippie students have raised more than $400,000 and provided most of the volunteer labor to build eight Habitat homes.
Gerry L. Suchanek, associate professor, Finance Vicki Vavra, associate director, Undergraduate Program Office
Summer 2016 b 15
COLLEGE News
ALLIANT ENERGY/ ERROLL B. DAVIS, JR., ACHIEVEMENT AWARD WINNER Tippie senior, Isaac Oberlin, was selected to receive this year’s Alliant Energy/Erroll B. Davis Jr., Achievement Award. The award recognizes underrepresented minority students for leadership in on-campus and community organizations, academic success and potential for future career success. Oberlin is a double major in finance and economics with a certificate in leadership studies and international business. The Wheaton, Illinois, native has demonstrated academic success throughout his career at the University of Iowa. He has been recognized on the Dean’s List and is a member of the University of Iowa’s Honors Program.
T IP P IE MB A T EAM WINS ACG CUP A team of Tippie MBA students recently won top prize at the Association of Corporate Growth (ACG) Cup case study competition at the University of St. Thomas in Minneapolis. This is the second year in a row a Tippie team has taken home the trophy. The ACG Cup competition gives students from leading MBA programs across the country real-world experience and invaluable insights into mergers and acquisitions, investment banking, financial advisory and private equity. The winning team included Lisa Ferguson, Stuart Hemesath and Amit Ashok.
IN MEMORIAM: PETER B. SCHODERBEK
Outside of the classroom, Oberlin has been a part of the Business Student Ambassador Organization, the University of Iowa Men’s Soccer Club, University of Iowa Dance Marathon and Phi Kappa Psi Fraternity.
June 29, 1932 – January 19, 2016
Following graduation, Oberlin plans to work in the financial services industry.
Pete’s expertise was in strategic management, training and development. His work appeared in such publications as the Journal of Business Ethics, Human Relations, Administration in Social Work and Principles of Management. In addition, he consulted with the federal government, major corporations and various trade associations. He earned B.A. and M.S. degrees from Penn State University and a Ph.D. from the University of Michigan.
Emeritus Professor Pete Schoderbek was a member of the Department of Management and Organizations. He joined the College of Business in 1964 as an assistant professor, became an associate professor in 1968 and a professor in 1971. He retired from the college in 1998.
He served on the boards of Ducks Unlimited (a wetlands conservation group), the United Way and the Visiting Nurses Association. He is survived by his four children and numerous grandchildren.
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UND E RGR AD R E C E I V E S $5 ,0 00 S CH O L A R S H I P Jon Langel, a finance and economics major from West Des Moines, received the 2016 John T. Lockton Memorial Scholarship from the Spencer Educational Foundation. He is one of 64 students entering the risk management and insurance (RMI) industry to receive one of the $5,000 scholarships. In addition, Langel, who is studying to receive the RMI Certificate, received an Anita Benedetti Scholarship to attend the RIMS conference in April. Among the students receiving the undergraduate scholarships, the average grade-point average is 3.85 (minimum to receive scholarship is 3.0); seven students are receiving the honor for the second time; and many of the students are majoring in risk management or actuarial science.
T IP P IE T ECH WIN S AG AI N
For several years, business analytics and information systems students in Tippie Tech have garnered awards at the Association of Information Technology Professionals (AITP) Conference. At this year’s conference in April, two teams earned second-place trophies: b Database: Benjamin Cunningham, Ling Tong b Business Analytics: Jordan Horton, Penghong Lu One team brought home a third-place trophy: b Business Analytics: Victoria Passmore, Kelcie Elsbrener In addition, four teams earned honorable mentions: b Business Analytics: Bryan Kowal, Eric Ruttenberg b Network Design: Austin Helegson, Alex Gade b PC Troubleshooting: Austin Helegson b asp.net: Shan Xiao, Jiawen Xu Summer 2016 b 17
Life Lifeafter afterthe th e after the Ph.D. THOUGHT LEADERS IN ACADEMIA AND BUSINESS
A
Ph.D. degree can take five or more years of dedicated study. Each year, Tippie College Ph.D. graduates are placed with top-tier universities as well as leading businesses and governmental institutions. These Tippie alumni are serving as faculty members and senior researchers, continuing the college’s long-standing reputation for quality in academia and business. The alumni listed on the next page are a sampling of the many Tippie Ph.D. graduates making their mark in the world today.
18 b U I T i p p i e C o l l e g e o f B u s i n e s s
S.P. Kothari, PhD86 Gordon Y Billard Professor of Accounting and Finance Sloan School of Management, Massachusetts Institute of Technology Ed Maydew, PhD93 David E. Hoffman Distinguished Professor of Accounting Kenan-Flagler Business School University of North Carolina Hollis Skaife, PhD97 Professor of Accounting University of California-Davis
Michael O’Doherty, PhD11 Assistant Professor of Finance Trulaske College of Business, University of Missouri Lin Tong, PhD14 Assistant Professor of Finance and Business Economics Gabelli School of Business, Fordham University Dan Caprar, PhD07 Senior Lecturer, AGSM Fellow UNSW Business School, UNSW Australia
Audra Bowlus, PhD93 Professor and Chair of Economics University of Western Ontario
Erik Gonzalez-MulĂŠ, PhD15 Assistant Professor of Management & Entrepreneurship Kelley School of Business, Indiana University
Michael Waugh, PhD08 Associate Professor of Economics Stern School of Business, New York University
Deniz Ones, PhD93 Hellervik Professor of Industrial Psychology and a Distinguished McKnight University Professor University of Minnesota
Vernon Ning Hsu, PhD93 Choh-Ming Li Professor of Decision Sciences and Managerial Economics CUHK Business School, The Chinese University of Hong Kong Yi Zhang, PhD06 Principal Data Scientist Microsoft
Ainsworth Bailey, PhD01 Associate Professor of Marketing and International Business University of Toledo (Ohio) Alexandru Degeratu, PhD96 Senior Expert McKinsey & Company
Shailesh Sood, PhD96 Vice President of Big Data Grainger
Summer 2016 b 19
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 Megan A. Ackerman, BBA14, is a marketing coordinator for Rakuten Marketing in Chicago. Carolyn Beese, BBA12, is a tax accountant at Ernst & Young LLP in Minneapolis. Laura M. Blunk, BBA13, is an enterprise operations representative for Coyote Logistics in Chicago. Abhinav Gahoi, MBA11, is the manager of financial planning and analysis with Hayes Locums in Fort Lauderdale. Julie Haverly, MBA15, is a senior business analyst with Renewable Energy Group Inc. in Ames.
TIPPIE ONLINE b tippie.uiowa.edu b facebook.com/TippieIowa b flickr.com/TippieIowa b instagram.com/Tippie College b LinkedIn: Search for University of Iowa – Henry B. Tippie College of Business b pinterest.com/tippiecob b twitter.com/TippieIowa 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.
John Hochstetter, BBA10, is a senior consultant-population health with Cerner Corporation in Kansas City. Ashley Kasper, BBA12, is a business systems consultant with Wells Fargo in Des Moines. Ryan A. Klatt, BBA14, is a financial advisor with Edward Jones in Downers Grove, Illinois. Katie Koeppel, BBA14, has been promoted to public relations specialist with Bottom Line Marketing and Public Relations in Milwaukee.
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Sachindra Kumar, MBA12, is manager of marketing strategy and analytics for McKesson in San Francisco. Hailey Lehman, BBA15, is a social media specialist with TAG Communications in Davenport. Yuanyuan Lian, BBA15, is the marketing assistant with New Asian Food Corporation Inc. in Coralville. Joe Moore, BBA2011, is a mortgage loan originator with Capital Works Mortgage in Denver. Kaitlin M. Moore, BBA10, is human resources director for One Chicago, a marketing firm in Des Plaines, Illinois. Benjamin J. Nielsen, BBA12, MAc13, and Sara E. Benesh were married on October 24, 2015. Sarah C. Noser, BBA14, is the Great Plains Division payroll associate for Oldcastle Materials in Des Moines. Chris Pauwels, MBA13, is a senior consultant with HealthScape Advisors in Chicago. Mike J. Roupas, BBA10, is managing editor of the Beta Theta Pi Foundation in Chicago.
Manoj Tomar, MBA15, is president of Amplimark LLC in West Des Moines. Kevin Velovitch, BBA12, is a consultant with Accenture. He lives in Chicago. He is a member of the college’s Young Alumni Board.
2000s Torrie R. (Ball) Brizzie, BBA03, is a community liaison and business developer for In-House Home Health in Las Vegas. Gregory Buehner, BBA08, is executive vice president of asset management for Pi Kappa Phi Properties in Charlotte, North Carolina. Kevin Flaherty, BBA08, is a loan originator with Fairway Independent Mortgage Corp. in Chicago. Alex Gillaspie, BBA09, is a client services manager with LearnVest in Scottsdale, Arizona. Sean Halbmaier, BBA09, is the manager of digital programs with PGA Tour in Ponte Vedra, Florida. Andrew Hooyman, BBA09, is an associate attorney with Droel PLLC in Bloomington,
John Sherlock, BBA10, is a side edit manager with Groupon in Chicago. Natalie Stone, BBA12, is the coordinator of Fraternity and Sorority Life at DePaul University in Chicago.
Minnesota. Erik N. Hovenkamp, BS09, a Ph.D. student at Northwestern University, is among 20 new
Kelsey (Tumey) Cochrane, MBA10, is the associate director of annual giving at the University of Denver. She and her husband, Jason, welcomed a son, Bennett Daniel Cochrane, on January 20, 2015.
Stephanie (Andersen) Knox, BBA05, MBA10, is a senior demand planner with ConAgra Foods. She lives in Chicago. Kevin Monk, MBA06, is the vice president of global marketing for AgJunction Inc. He will have global responsibility for leading marketing initiatives and developing go-to-market strategies for new innovation opportunities within the precision agriculture equipment industry. David Muir, MBA08, is global product manager for Edwards Lifesciences in Irvine, California. Jay K. Reavis, BBA05, MBA11, is an assistant vice president and shareholder at Holmes Murphy insurance brokerage in Des Moines. P.J. Ritters, BBA00, is a partner with the PricewaterhouseCoopers professional services firm in Minneapolis. Victoria Sharp, EMBA03, is the market chief medical officer with AmeriHealth Caritas Iowa, a Medicaid managed-care
health plan that serves Iowa Medicaid beneficiaries as part of the state’s new IA Health Link program. She previously was chief of staff with UI Hospitals and Clinics and is the past president of the Iowa Medical Society.
Sharon (Oltmanns) Hanken, BBA99, is a senior configuration analyst with Rockwell Collins in Cedar Rapids.
Erick Tjarks, BBA01, is a senior associate with AIC Ventures in Deerfield, Illinois.
Joshua R. Hanson, BBA97, is a marketing consultant at the Stelter Company, which provides marketing and advertising assistance to nonprofit organizations in Des Moines.
Lauren VonderHeide, BBA08, is a vice president with BMO in Chicago.
Mark Lietz, BBA99, is president of Sopro Machinery in St. Charles, Illinois.
Mark A. Vroman, BBA08, is a co-owner of the Vroman Group, an accounting firm in West Des Moines.
Natalie Ngoc Nguyen, BBA99, MBA07, is an assistant vice president, controller and shareholder at Holmes Murphy insurance brokerage in Des Moines.
Carrie Wall, BBA03, is a development specialist with Breakthrough in Chicago. Alissa (Doyle) Ward, BBA01, is an insurance agent with Gamrath-Dole & Associates insurance agency in Fairfield.
1990s Elizabeth (Elliott) Allison, BBA92, is senior vice president of the Neiman Marcus Group in Dallas. Jan (Baker) Gavilanes, IntBusCert97, works in order management at Clarcor Industrial Air in Overland Park, Kansas.
Jason Pettit, BBA99, is a senior systems analyst for Kohl’s Department Stores. He lives in Sussex, Wisconsin. Jeffrey J. Vroman, BBA90, is a co-owner of the Vroman Group, an accounting firm in West Des Moines.
1980s Brian Beck, BBA88, is executive vice president and chief financial officer with Golin in Chicago. He lives in Park Ridge, Illinois.
SAVE THE DATE
IOWA HOMECOMING ’16
Kauffman Dissertation Fellows, a group of Ph.D. students doing exceptional research in entrepreneurship for their dissertations. The fellowship includes grants of $20,000 from the Ewing Marion Kauffman Foundation.
Scott Sissel, BBA01, JD03, has been named the head partner in charge of the estate tax planning group at Duggan Bertsch LLC, which is based in Chicago. He recently moved to West Des Moines, but commutes to Chicago often and represents high netwealth families throughout Iowa and Illinois. He also is the president of the Chicago IOWA Club for the UI Alumni Association.
Friday – Saturday, September 30 – October 1. 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 Northwestern on Saturday.
If you have suggestions for future events, please contact Ashley Funkhauser, assistant director of alumni relations, 319-335-2679, ashley-funkhauser @uiowa.edu. More info: tippie.uiowa.edu/ alumni/events
Summer 2016 b 21
Linda Feiden, BBA83, is assistant director of wellness and engagement at Drake University in Des Moines.
HENRY B. TIPPIE, BSC49 Henry received the Iowa Society of CPAs Public Service Award last May. Tippie began his professional career as a junior accountant in the Des Moines area. He passed the CPA exam in 1951 and has been a member of the Iowa Society of CPAs and the American Institute of CPAs for more than 50 years. He is chairman of the board for Dover Motorsports Inc. and Dover Downs Entertainment Inc. Tippie was an original member of the college’s Board of Visitors (now called the Tippie Advisory Board). In 1999, Tippie made a significant contribution to the College of Business to support its students and faculty. The college was renamed the Tippie College of Business in his honor.
Leslie (Osborne) Horwitz, BBA81, is vice president of human resources with Union Standard Insurance Group, a W.R. Berkley Company. She lives in Dallas. Mike Metz, BBA86, is the tax office managing partner with BDO in Minneapolis. Kim (Williams) Rucker, BBA89, is the executive vice president, general counsel and secretary at Tesoro, an independent refiner and marketer of petroleum products. She was previously the executive vice president, corporate and legal affairs, general counsel and corporate secretary of Kraft Foods Group Inc. Steven Tonsfeldt, BBA82, is a partner with the Palo Alto office of Cooley LLP. He previously was the chair of the global mergers and acquisitions and private equity practice at O’Melveny & Myers.
Leven C. Weiss, BBA80, U.S. senior manager of external affairs at FCA, an automobile manufacturer in Auburn Hills, Michigan, recently received the Living Legend Award from the Rainbow PUSH Coalition.
1970s
1960s Harry S. Alter, BBA64, is a sales engineer for Air Control in Clinton. Ivan Deatsch, BBA68, is the chief financial officer of Bridgestone Tire in Edmond, Oklahoma.
Larry Elias, BBA78, is the director of sales and merchandising for B&R Stores. He lives in Lincoln, Nebraska.
James A. Vroman, BBA61, is a co-owner and certified public accountant for the Vroman Group, an accounting firm in West Des Moines.
Merritt D. Krause, BBA74, is an insurance executive with Iowa Bankers Insurance and Services in Johnston.
1950s
John Thom Powell, BBA79, MA82, is manager of organizational development for the Stanley Consultants global consulting engineering firm in Muscatine. Michael Stoker, BBA79, is the senior manager, global accounting, for St. Jude Medical Inc. in St. Paul, Minnesota.
James S. Sherman, BSC53, is rabbis’ associate at Adath Jeshurin Congregation in Minnetonka, Minnesota.
1940s P. Donald Teefy, BSC49, and Geraldine A. (Oberkofler) Teefy celebrated their 65th anniversary on August 5, 2015.
Edward Rick Venteicher, BBA76, lives in Southlake, Texas.
TIPPIE ALUM WORKS TO ACHIEVE GENDER PARITY ON CORPORATE BOARDS Janice Reals Ellig (BBA68) chaired last fall’s Breakfast of Corporate Champions, an event sponsored by the Women’s Forum of New York to salute companies that have at least 20% of their board seats held by women. “The United States is a world power, with an abundance of talented executives, at least half of which are women. Therefore, nothing is stopping us from getting to parity, but it does take committed and focused CEOs uniting to take the U.S. from 10th place to 1st in the percentage of women on corporate boards,” Ellig wrote in a Huffpost Women blog. Special recognition was given to those F1000 companies approaching parity with at least 40% or more women on their board. Only 28 companies received the recognition in 2015, less than 3% of the F1000. Speakers included Mary Jo White, chair of the SEC; Adena Friedman, NASDAQ president; Mindy Grossman, HSN CEO; Terry Lundgren, Macy’s chair and CEO; Muhtar Kent, Coca-Cola Company chair and CEO; Ken Chenault, American Express Company chair and CEO; Glen Moreno, Pearson chair; and Rod Martin, Voya Financial Inc. chair and CEO. Ellig is co-CEO of Chadick Ellig, an executive search firm based in New York City, and is founder and chair of the Corporate Board Initiative of the Women’s Forum of New York.
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OUTSTANDING TIPPIE ALUMNI NAMED Stephen Belyn (BBA91) and Todd Nelson (MBA07) were named the Tippie College Alum of the Year and Young Alum of the Year, respectively, at this year’s collegiate recognition reception. In addition, Bob Nicolls (BBA80) received the Department of Accounting’s Outstanding Alumnus. Belyn is a managing director in FTI Consulting’s Lender Services practice where he performs accounting due diligence on the credits of large financial institutions. He serves as president of Tippie’s Professional Accounting Council (PAC). In the spring of 2015, Belyn became involved in Tippie’s inaugural Gateway Program to introduce business education, careers in business and the University of Iowa to high school students from diverse, first-generation or low-income backgrounds. Belyn and his wife then established the Stephen and Pamela Belyn Fund to provide resources for the program and to provide scholarship assistance for participants from Chicago and the surrounding suburbs.
DISTINGUISHED ALUMNI AWARDS Three Tippie alumni will receive a Distinguished Alumni Award from the UI Alumni Association this month. The UI Alumni Association has recognized accomplished alumni and friends with this high honor since 1963. Dale Baker, BBA68, and his wife, Linda Baker, BA68, will receive a Distinguished Service Award. With a spirit of cheerful giving and volunteerism, the Bakers have made an indelible impact on many university areas, from the Tippie College of Business to
Nelson will join the college this fall as a lecturer in finance. He previously was vice president in the investment banking division of Goldman Sachs in New York. He joined the company in 2007. Nelson is a CFA Charterholder and is a member of the CFA Society Iowa.
the UI Alumni Association. The Bakers have leveraged their great professional success
Nicolls has been involved with commercial real estate for 31 years, the last 24 as owner of Monarch Investment & Management Group, which has more than 30,000 apartment units, a hotel and a ski area. Before that, he worked for Ernst & Whinney. Nicolls currently serves on the college’s Professional Accounting Council.
can be seen in the bricks and mortar of buildings like the Pomerantz Career Center and
in health care consulting and education to strengthen their alma mater and provide scholarship support to many deserving students. Gary Fethke, BA64, PhD68, will receive a Distinguished Faculty/Staff Award. Through his longtime tenure and multiple UI leadership roles — including as dean of the Tippie College of Business and interim university president — Fethke has influenced greatly the growth and vitality of this institution. His faithful, steady influence on campus in the innovative educational tracks offered to business students. Tom Niblock, BBA/BA07, will receive a Distinguished Young Alumni Award. During his six years in the Foreign Service, Niblock has amassed an impeccable record. His diplomatic career began as an assistant to the U.S. Ambassador at embassies in Beijing, China and Islamabad, Pakistan, where he developed a brand of excellence that continues through his foreign policy work in the U.S. Department of State’s Office of Religious Freedom. Summer 2016 b 23
IN Memoriam Richard (Dick) O. Jacobson October 18, 1936 – April 1, 2016 Dick Jacobson was a distinguished businessman and philanthropist from Des Moines. Dick spent three years in the Army before working for Monsanto Chemical Co. from 1961 to 1966. He became an independent agricultural wholesaler for two years before founding Jacobson Warehouse Company in 1968. Over the years, the Jacobson Companies became one of the largest privately owned warehouse organizations in the U.S. with more than 9,000 employees in 194 locations. He expanded the business to include Jacobson Investment Company, Jacobson Transportation Company,
Jacobson Packaging Company, Jacobson Logistics Company and Jacobson Staffing Company. He was a significant partner in establishing Hawkeye Renewables, the third-largest ethanol producer in the U.S. He founded the Richard O. Jacobson Foundation in 1976 to support children and educational opportunities in Iowa, the Midwest and Pinellas County, Florida. His generosity supported the development of several buildings and facilities at the University of Iowa and elsewhere. A former member of the college’s Board of Visitors (now the Tippie Advisory Board), he provided critical funding for the Jacobson Institute for Youth Entrepreneurship in 2007, which is part of the John Pappajohn Entrepreneurial Center. The institute gives K-12 students classroom and practical educational experiences in entrepreneurship and develops innovative curricula for teachers.
His spirit of giving earned him numerous awards, including the University Hawk of the Year Award in 1995 and the UI Distinguished Friend of the University Award in 2000.
Louis Francis Biagioni March 7, 1931 – February 2, 2016 Former Tippie professor Louis F. Biagioni, passed away on Feb. 2, 2016. The son of Italian immigrants, he was born in Somerville, Massachusetts. Louis was the first in his family to graduate from college, receiving his BSBA from Boston College, an MBA from Indiana University and a Ph.D. from the University of Missouri. Following his studies, he joined the accounting faculty in the college, where he served as chair of the department and was commissioned by the Iowa State Treasurer’s Office to develop an educational program for agents of the Iowa Department of Revenue. In 1974, he joined the faculty of Indiana University.
IN MEMORIAM 1930s
William B. Devine, MA39 James V. Owens, MA39
1940s
Donald D. Albers, BSC48 Lynn A. Arkin, BSC43 Helen L. Barton, BSC48 Richard P. Canella, BSC46 Elizabeth J. Dickinson, BSC48 Charles A. Dodds, BSC44 Richard T. Eaton, BSC40 Howard S. Ford, BSC49 Howard D. Henderson, BSC48 Robert G. Hockridge, BSC42 George C. Holdren, BSC48, MA50 Gayle S. Hornbaker, BSC47 LaVonn G. Horton, BSC48 Marilyn F. King, BSC49 Melva J. Langbehn-Henry, BSC47 Kenneth W. Lange, BSC48 Herbert J. Langen, MA47, PhD54 Duane C. Mabb, BSC49 Marshall E. Milligan, MA49, PhD51 Margaret Meikle Reedy, BA40 Paul P. Savage, BSC48 Rose L. Shure, BSC45 Marguerite D. Thomas, BSC41 Gerald E. Thompson, BA47, MA48, PhD53 James Van Ginkel, BSC48
Richard B. Wehrman, BSC49 Mary M. Woods, BSC40
1950s
William G. Alley, BSC59 Kenneth H. Alsager, BSC50 Milton S. Alter, BSC58 Robert W. Brown, BSC54 Wilbur N. Bump, BSC55, JD58 Les J. Campbell, BSC59 Jack A. Davis, BSC51 Keith Deibler, BSC57 Jack R. Grothusen, BSC58 Charles B. Handy, MA56 Charles J. Hemrich, BSC51 Clinton J. Keay, MA55 M. Edward Klootwyk, BSC55, MA59 Robert J. Kovarik, BSC57 Robert A. Krane, BSC55 Daniel J. Lenehan, MA54 Ramon Lopez, BSC51 Eugene J. Mathiesen, BSC59 Richard Meyer, BSC52 Joseph C. Napier, BSC51 Max L. Olson, BSC50 Charlie Phillips, BA50, PhD52 James W. Piercy II, BSC51 Robert E. Pierson, BSC52 Richard H. Plato, BSC58 Joseph D. Regan, BSC51 Jack M. Sargent, BSC55 James J. Schueth, BSC52
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Richard S. Thompson, BSC53 Thomas C. Tilgner, BSC54 Orlin J. Webert, BSC51 Donald E. Williams, BSC50 Gerhard K. Wolff, BSC53 Gary L. Yahnke, BSC59
1 960s
Carl J. Anderson, BBA60 John W. Bohlender, BBA61 Robert F. Butler, BBA62 Mary R. Carson, BBA61 Jerry M. Crocker, BBA60 Denver B. Daniels, BBA64 James A. Hallam, PhD65 Martin T. Jannsen, BBA67 Peter J. Langkamp, BBA61 Gary W. Meeks, BBA68 William H. Rinderknecht, BBA64 John E. Schenken, BBA67 Roger K. Scholes, BBA64 Allen W. Shahan, MA68 Thomas M. Stemlar, BBA61 Paul J. Thompson, PhD68
1 970s
Wayne G. Browning, BBA71 Robert F. Bulmahn, BBA73 John L. Crabb, BBA70 Larry R. Curtis, JD73, MBA73 Michael Fernandes, MBA72 Frank E. Frater, BBA75
Timothy R. Hartzer, BBA72 Bill H. Heitritter, BBA72, JD75, MA75 Kevin E. Kew, BBA78 Gerald C. Murray, BBA74, MA93, PhD00 Christopher L. Siemann, BBA76
1980s
Ramona K. Campbell, BBA89 Terry T. Doling, BBA81 Sandra K. Grant, MBA81 Wayne Hannel, MBA87, MA90 W. Karl Keister, BBA81 Joseph E. Melichar, BBA89 Candyce K. O’Malley, BBA83 John R. Sherwood, BBA83 Cindy L. Ware, MBA86
1990s
Daniel J. Chelf, BBA93 Kimberly A. Fitzgerald, BBA90, MA92 Albert F. Groth, MBA90 Brian D. Jones, BBA90 Tracy Lintz, BBA90 Lee J. Luchtel, BBA93
2000s
Barrett D. Boesen, BBA08 Zach M. Rhodes, BBA01 Jessica D. Thilges, BBA07
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 Director of Development for the Tippie College of Business University of Iowa Foundation
LEADERSHIP
TIPPIE ADVISORY BOARD Mark Buthman Executive Vice President (retired) Kimberly-Clark Corporation Kathleen A. Dore President (Former) Broadcasting CanWest Mediaworks Jack Evans President The Hall-Perrine Foundation Michael Frantz Executive Director Frantz Community Investors LLC Michael C. Gerdin CEO, Chairman and President Heartland Express Perry A. Glassgow Vice President and Controller Harley-Davidson Inc. Christopher J. Hoffman Senior Partner PricewaterhouseCoopers Kevin Holt Managing Director and Senior Portfolio Manager Invesco Funds Ltd. 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 and Northern Trust Mutual Funds
Andy Sassine President and CEO Avea Capital LLC
Kyle Krause President and CEO Kum & Go LC
Kent Statler Executive Vice President and COO, Commercial Systems Rockwell Collins
Curtis K. Lane Portfolio Manager Concordant Partners
Margaret (Peg) M. Stessman CEO and Chairman StrategicHealthSolutions
Terrance Lillis Executive Vice President and CFO Principal Financial Group Inc.
Elizabeth Villafana Consultant
Jeffrey Lorenger Executive Vice President HNI Corporation Michael F. Mahoney President and CEO Boston Scientific Corporation John Miclot President and CEO Lingua Flex Laura Newinski Vice Chair of Operations KPMG LLP John Pappajohn President Equity Dynamics Inc. Charles M. Peters President and CEO SourceMedia Group Sheri Salata President OWN-The Oprah Winfrey Network and Harpo Studios
Michael J. Wokosin Vice President, Digital Marketing Redbox Eden Y. Woon Vice President for Institutional Advancement Hong Kong University of Science and Technology
TIPPIE EMERITUS ADVISORY BOARD Leonard A. Hadley Chairman and CEO (retired) Maytag Corporation Jerre L. Stead CEO and Chairman IHS Inc. Henry B. Tippie Chairman of the Board Dover Motorsports Inc. and Dover Downs Entertainment Inc.
The University of Iowa prohibits discrimination in employment, educational programs, and activities on the basis of race, creed, color, religion, national origin, age, sex, pregnancy, disability, genetic information, status as a U.S. veteran, service in the U.S. military, sexual orientation, gender identity, associational preferences, or any other classification that deprives the person of consideration as an individual. The university also affirms its commitment to providing equal opportunities and equal access to university facilities. For additional information on nondiscrimination policies, contact the Director, Office of Equal Opportunity and Diversity, the University of Iowa, 202 Jessup Hall, Iowa City, IA 52242-1316, 319-335-0705 (voice), 319-335-0697 (TDD), diversity@uiowa.edu.
Nonprofit Organization U.S. Postage 108 John Pappajohn Business Building Iowa City, Iowa 52242-1994
tippie.uiowa.edu
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