The Alumni Magazine of the College of Business Administration University of Northern Iowa 2006

A Perfect BlendDan Leese combines Marketing education and

business insight to launch Axiom Wine Company

A World of OpportunitiesMBA alumni find success in today’s global economy

It FiguresFemale Accounting grads rise to the top

Earned Excellence

Cover: After more than 25 years in the beverage alcohol industry, Dan Leese(Marketing ’81) realized his dream of starting his own wine company. Learnmore about Dan’s trip from The Hill to The Valley, starting on page 2. Photography by John McJunkin, Sonoma, CA.

2 Dan Leese Moves From The Hill to The Valley

4 Olga Pavlikova Found She Could Go Anywhere

6 Opportunities for Accounting Grads Really Add Up

8 Student Achievements Recognized at Graduation Celebration

10 Faculty Excellence Acknowledged

12 MIS Professor Shashi Kaparthi Recognized for Research

16 UNIBusiness Thanks You for Your Support

20 Focus on Alumni

24 Alumni in Residence

is published annually by the University of Northern Iowa’s College ofBusiness Administration for its alumni, friends, faculty and staff. Comments,suggestions and letters to the editor are welcome.

All correspondence should be addressed toEditor, College of Business AdministrationUniversity of Northern IowaCedar Falls, IA 50614-0123Phone us at 319-273-6240, fax to 319-273-6230, or contact us through our website at www.cba.uni.edu or e-mail us at unibusiness.editor@uni.edu

Managing Editor Dale Cyphert, Ph.D. Editor Ruth Goodman, ’82Assistant Editor Lynnette Wagner, freshman pre-businessDesign Rachel LetcherPrinter Pioneer Graphics, Waterloo, Iowa

Inside

UNIBusiness thanks James H. Slife (Accounting ’73), CEO, Pioneer Graphics, for his company’s generous support.

Accreditation earned by fewerthan 15% of businessprograms worldwide

Ranked Midwesternuniversity since 1996

A Best Business School 2007

CPA/CFARemarkable record of student

achievement

www.cba.uni.edu

Robert Bradford Managing Director, Bradford Associates Randy Bray Principal, Ladco DevelopmentTed J. Breidenbach General Manager, John Deere Ottumwa WorksDiane Bridgewater Vice President and CFO, Life Care ServicesDavid P. Brush General Manager, Specialty Packaging, PACTIVJoe Dunsmore President and CEO, Digi InternationalCynthia Goro President, Wayne Engineering Corp.Jeff Hamilton President, ESPScott Hauser Director, RSM McGladrey, Inc.Matt Kinley CFO, Equity Dynamics, Inc.

Gaylen Miller CEO, retired, Ag Services of AmericaGary Roling President and CEO, J-TEC Associates, Inc.Richard Rue Senior Vice President and CFO, ITA Group, Inc. John Sorensen President and CEO, Iowa Bankers AssociationDavid Sparks Financial Consultant, Wells Fargo Investment LLCKevin Steere Managing Director, Guy Carpenter & Company, Inc.Randy Stromley Vice President and Regional Director, Wells Fargo BankJean Trainor President and CEO, Veridian Credit Union Ken Wise Partner, PricewaterhouseCoopers LLP

Faced with aprofessor about to faintin the rising heat, onestudent reacted with thedecisiveness of abusinessman responsiblefor thousands ofemployees in China:Mr. Tony Wu insistedthat we move the classto his house. Grabbingmaterials and projector,we drove in two cars toregroup around his

dining table, removing a painting so I could project my slides onthe wall. At noon Mrs. Wu ordered pizza.

Our Hong Kong program began with some shaky moments.The first class was an all-day Sunday session in an office on the41st floor of a Hong Kong skyscraper. Business people in HongKong work hard six days a week, but not on Sundays. That iswhy, as I learned the hard way, many skyscrapers’ airconditioning is programmed to stay off on Sundays, despite thestifling heat and humidity of a Hong Kong summer.

I had occasion to reflect on those early days as we held the firstgraduation ceremony for our MBA program this summer inHong Kong. This marked the first commencement ever to beheld away from UNI’s Cedar Falls campus.

The complex choice six years ago to deliver an MBA programin Hong Kong was driven by two external forces, one academicand the other economic. First, business had moved solidly into its

globalization era, and we needed to ensure that our faculty andstudents were not left behind. Second, we had seen the first ofmassive budget cuts for Iowa’s public universities and neededto develop alternate ways of funding.

We navigated the bureaucratic and marketing minefields andmanaged to launch the program in less than a year. We began sosmall that our classes could fit around a dining room table, but ina few short years the program has established a comfortable nichein the fiercely competitive Hong Kong market. More than 60professionals now hold an MBA degree from our Hong Kongprogram.

We are proud that we deliver value to business professionals inHong Kong, but the benefits flow both ways. More than 30faculty members have had the opportunity to travel to Asia,interact with executive-level students and, in many cases, developmeaningful contacts with Chinese professionals. The facultybring knowledge, insights and connections back to Iowa’sundergraduates, providing much-needed exposure to globalbusiness, and all without using a penny from Iowa’s taxpayers.

The past few years have presented us with tough challenges,but we are meeting them in ways that bring us both academicand economic success.

Farzad MoussaviFall 2006

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Message From the Dean

The College of Business Administration Executive Advisory Board

www.cba.uni.edu

To learn more about these distinguished board members, visit www.uni.edu/EAB.

Thursday afternoons in the late ’70s and early ’80s were prettymuch the same for Dan Leese (Marketing ’81) and his buddy,George Blough (Accounting ’81): trek to Johnson’s Bakery inWaterloo, load 60 dozen bagels (720 of the little beauties) intothe ’67 Chevy van, head to the local food wholesaler, pick up 60pounds of cream cheese, 60 pounds of strawberry preserves, driveback to the house they shared with nine other guys on Seerley

Boulevard, and get readyfor The Magic Hour.

At the stroke of 10,Dan and George turnedinto “The Bagel Guys”-those savvy entrepreneurswho sold bagels everyThursday, Friday andSaturday night until 2a.m. from their mobilestand at the corner ofCollege and 23rd streets atthe top of The Hill. Thisventure was so successfulthat after graduation, Daneven consideredfranchising the idea andstarting bagel stands oncollege campuses acrossthe country.

“It was my firstopportunity to do

something entrepreneurial after college,” Dan said, “but I justwanted to get to work. And I didn’t feel like I knew anything. Imean, where would I start on something like that? There’s just atwinge of regret, but I’m kind of making up for that now.”

And how. In December 2005, Dan and business partner DougWalker started Axiom Wine Company, a Sonoma, Calif. basedbusiness that focuses on the hottest growth and profit sectorswithin the industry - super-premium and luxury wine.

Axiom made a name for itself right out of the gates with itsacquisition of the Red Truck and White Truck wine brands inSonoma. The sale included the brand name, existing inventoryand key brand icons. As part of the purchase agreement, theprevious owner, Cline Cellars, continues to produce and supplythe grapes for Red and White Truck; their winemaker continuesto make the wines for both brands.

“As our cornerstone brand, Red Truck not only has a greattrack record, but it has enormous growth potential in themarketplace,” said Dan. Red Truck was a 150,000-case brand,which equated to $8 million in revenue in 2005. If all goesaccording to plan, within five years, Axiom will be a $100million company with a value of nearly $250 million, making it

the 12th largest wine company in the United States. In the shortterm, if Axiom meets its $16-$18 million revenue goal for thisyear, which it’s on track to do, it will become one of the top 30wine companies in the U.S. in its first year of operation.

Axiom’s success comes not only from Dan’s nearly 25 years ofexperience in the wine and spirits industry, but from operatingaccording to what he believes is the future business model withinthe industry: establish long-term contracts with growers who ownthe vineyards and grow the fruit, instead of tying up a lot ofcapital in buying vineyards. “The trick is to not get in a positionwhere you have all of your money tied up in hundreds,potentially thousands, of acres, and then have no money tomarket the brands,” he said. “What you need is to control thesource with long-term contracts. You don’t need to own the dirt.”

This fall, Axiom launched a wine called Picket Fence, a super-premium brand that includes a Chardonnay and a Pinot Noirfrom one of the world’s premier appellations - the Russian RiverValley in Sonoma County.

In spring 2007, Axiom will unveil a Chianti, a Pinot Grigioand a Tuscan Red created through a joint ownership venture withthe largest premium wineproducer in Italy. ThisTuscany-based producerowns the winery, thevineyards and a portion ofthe brand, while Axiomowns a majority of the brandand has exclusive rights todistribute the wine inNorth America.

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From The Hill to The Valley By Ruth Goodman, ’82

UNI entrepreneurship leads to success in Sonoma Valley

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Red Truck, a medium-bodied blend of red

Rhone and Bordeauxgrapes, has earned

dozens of awards andaccolades, includingbeing named one of

Wine Spectatormagazine’s “Best

Value” selections for the2002 vintage. White

Truck, made fromSauvignon Blanc

Pinot Grigio,Chardonnay and

Viognier grapes, is abright fresh wine withgrapefruit, gooseberry

and orange flavors.

From Bread to WineDan’s interest in the beverage alcohol industry began during

his freshman year at UNI when he took a marketing researchclass and wrote a paper on how breweries market their productson campus. After talking with students, one thing became veryclear: Coors Brewing Company was doing a poor job. Buoyed byhis faith in his findings, Dan sent a copy of the paper to the localCoors distributor. After meeting with the distributor and theCoors college marketing representative from Golden, Colo., Danwas offered the job as UNI’s Coors campus rep to help thebrewery improve its marketing efforts.

In this position, which he held along with his late-night bagelgig and his news director job at on-campus radio station KCRS,Dan learned about the beverage alcohol industry, howconsumers view products, and the importance of positioningand branding. “The campus rep position is what really set meon my way,” Dan said.

After graduating in 1981, Dan landed a job with the StrohBrewery Company in Detroit. In 1987, he moved to Brown-Forman in Louisville, Ky., one of the largest American-ownedwine and spirits companies, to become marketing director forKorbel Champagne. Dan held various positions within Brown-Forman, including vice president of marketing, senior vicepresident and general manager of Fetzer Vineyards, and executivevice president, managing director of Brown-Forman’s U.S. winebusiness.

In January 2001, Dan accepted the position of senior vicepresident, general manager of the premium wine division atBeringer-Blass Wine Estates (now Foster’s Brewing GroupLimited). Two years later, he was promoted to president ofFoster’s North American business. After a long and illustriouscareer of working for others, in 2005, Dan realized his dream ofstarting his own wine company.

Meaningful MeetingDan met business partner Doug Walker five years ago when

they worked together at Beringer-Blass, where Doug was NorthAmerican finance director. For a couple of years, the two talkedabout starting their own wine company. One day they finallymade it official.

The partners now employ 15 marketing, finance andadministrative staff members in Sonoma including Dan’s wife,Katy, who is part of the marketing staff; Axiom’s salespeople arelocated across the country. “It’s fun building a company, becausewe’re able to create our own culture, our own way of working,”said Dan. “We work our tails off, but we have a lot of fun.”

The name Axiom was chosen because of the meaning of theword: a self-evident or universally recognized truth. Throughoutthe business-building process, Dan came up with a few axiomsof his own for people who want to start their own business.

First, establish your business based on your current culture, butkeep an eye toward the future. “Ask yourself, ‘Will what I’msetting up now still work when we’re at $100 million?’ If not,you may want to rethink your plan.” Second, hire great people.“I chose to spend money on hiring nine seasoned sales andmarketing professionals. I could have had greater coverage byhiring more people with less experience for less money, but Iwould have had turnover. I’m building the company for the longterm.”

Third, choose a business partner carefully—someone whowill complement your skills. “You need to pick a businesspartner like you pick a husband or wife. It’s just that intimate.”And finally, revisityour business planoften. “You’ve got toconstantly askyourself, ‘Are wefollowing the plan?’and ‘Is the plan stillvalid?’ You can getswept up in thewhole startup mode,and what goes awayare the disciplinesneeded to run thebusiness. You can’tallow that tohappen.”

Learning thesedisciplines wasdefinitely part ofDan’s undergraduateeducation. “I owemost of what I knowprofessionally to theeye-openers I had in Cedar Falls, which taught me to view thepossibilities broadly,” he said. “I loved UNI. It was a terrific fouryears of my life.”

As an undergrad, Dan knew he wanted to get into thebeverage alcohol industry. He never imagined, however, that he’down a wine business in California. “It’s the greatest thing thatcould have ever happened for me,” he said, “that is, next tomeeting and marrying my ‘Hawkeye’ wife, Katy!”

Connect with Dan at Dan.Leese@axiomwine.com.

Editor’s Note: Send your ideas for future alumni profiles tounibusiness.editor@uni.edu.

3www.cba.uni.edu

Dan Leese has returned to campus to share hisprofessional insights with students. He was afeatured speaker at the John PappajohnEntrepreneurial Conference in 2004 and has served as Alumni in Residence for the Marketing Department. Watch Dan’s presentation at www.bcs.uni.edu/jpec/ceic.htm.

Olga Pavlikova beamed as she extended her hand to receive thediploma that affirmed the successful completion of her graduatestudies in International Business at the University of Economics inBratislava, Slovakia. Two months later, she was on a plane, soaringabove the lush valleys and majestic mountains she knew so well,heading for a country she had never visited to attend a universityshe knew only by reputation. In the fall of 1999, Olga Pavlikova(MBA ’03) became a UNI student.

“Studying in the United States was attractive to me becauseprofessors encourage critical thinking, not just the memorizationof facts,” said Olga. “American universities have a great reputationin Europe, and their graduate certificate opens the door to the

most prestigious employers.”It’s no secret that UNI’s MBA

program is highly respected both inthe United States and around theworld. Yet Olga’s story begs thequestion: How did a young womanin Central Europe hear about UNI?Quite by accident, really.

Olga knew she wanted to pursuean MBA after receiving her degree in

International Business. She looked at George Soros University andCentral European University, both in Budapest, Hungary, whichis 100 miles east of Slovakia. Yet she became increasingly intriguedby a university that was a bit further away—4,857 miles, to beexact—with an internationally recognized, accredited MBAprogram. Olga heard about this university from Kurt Meredithand Jeannie L. Steele, faculty members from UNI’s College ofEducation. Kurt and Jeannie were in Bratislava leading a

collaborative nationaleducation restructuringprogram between thecollege and the SlovakRepublic called the OravaProject; Olga workedalongside this pair as aproject assistant.

Online research andher positive interactionswith the visiting faculty

members prompted Olga to apply to UNI, then make the 14-hour plane trip from Slovakia after her acceptance. “Coming toUNI for the first time was like a return to friends,” she said.

“UNI is a good place for international students to gain aneducation, and Cedar Falls is a small, safe, quiet town that’s idealfor studies,” she said. “I was also exposed to the U.S. culture andits inherent values of openness, strong sense for fair play, can-domindset and its orientation on results. Finally, of course, I couldlearn English, which is key in everyday communication.”

A week after obtaining herMBA, Olga traveled to Prague,the capital city of the CzechRepublic, for several jobinterviews arranged by aPrague recruitment agency.She interviewed with GEMoney and accepted an offer to become a financial planner andaccounting analyst. Also known as GE Consumer Finance insome parts of the world, GE Money is the personal financialservices division of Stamford, Conn.-based General Electric.

“I view my return home after my studies as having the best ofboth worlds,” said Olga. She had thought of staying in the U.S.after graduation to solidify her knowledge and gain an Americanperspective on the world of work, but her current situation iseven better. “I received an excellent education from a prestigiousbusiness school, I am close to my family in a familiar culturalsetting and I got a job with one of the best U.S. companies.” GE Money has been in the Czech and Slovak markets since1997 and has three subsidiaries: retail and commercial bankingservices, sales and financing, and auto leasing. GE Money can befound in 50 countries and generates 75 percent of its net incomeoutside the U.S.

For three years, Olga served as a project manager in theoperations department of GE Consumer Finance in Prague. Inthis position, she led projects to improve productivity throughprocess redesign and digitization, and implemented sales conceptsinto underwriting and customer service functions. She is now incharge of a project with the goal of building an operations centernear Prague by 2008 that will accommodate 500 additionalemployees.

In July of this year, Olga was promoted to the position ofsimplification manager and is responsible for cross-functionalsimplification initiatives. Within five years, Olga hopes to lead are-engineering team of project managers focused on improvingcustomers’ experiences with GE and its products. “Projectmanagement roles are fascinating,” said Olga. “Inventing ways tomake things work better with less is always present and criticallyimportant.”

Olga attributes her success to the strong business training shereceived at UNI. “Enthusiastic professors, such as Tony McAdamsand Taggart Frost, led discussions that encouraged me to thinkabout things in new ways, which differed from the professors I’dknown in Slovakia. I was able to apply what I was learning to real-life business situations, which provided a great foundation forbuilding my career.”

Connect with Olga at Olga/Pavlikova@ge.com.Learn more about GE Money at gemoney.com.

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OlgaPavlikova

Prague

“Olga’s frequent,interesting comments

added zest to the room.Teaching bright,

intellectually curiousstudents like Olga is an

easy, pleasant experience.”Tony McAdams

Professor, Management

With an MBA From UNI, You Can Go Anywhere By Ruth Goodman, ’82

5www.cba.uni.edu

International Reach

In June,Robert Koobpresided over theMBA graduationceremony inHong Kong as hisfinal official act aspresident of UNI.In his first officialact as UNI’s new president, Ben Allen signed a partnershipagreement with Shanghai DianJi University.

The Hong Kong MBA ProgramSince 2003, students have been

earning their Master of BusinessAdministration degree from UNIwithout ever setting foot on campus.Instead, our faculty travel to HongKong to teach courses in Wan Chai,the bustling business andentertainment center of Hong Kong. The Hong Kong MBA program is

thriving, due mostly to positiverecommendations from our highlysatisfied alumni. Since its inception,63 students have graduated from theHong Kong MBA program,including Anna Leung Lee and her

husband, Victor Lee (shown with UNI President Bob Koob,left). The Lees met during the MBA program, married in April ofthis year and graduated from the program in June.

To learn more about the UNIBusiness Hong Kong MBAprogram, visit www.mba.uni.edu.hk/.

Shanghai PartnershipUNI president Ben Allen and Shanghai DianJi University

(SDJU) president Jianguo Xia signed a far-reaching faculty- andstudent-focused partnership agreement. Among other things, itallows SDJUbusiness studentsto study twoyears in Chinafollowed by twoyears at UNI.SDJU studentsthen return toShanghai tofinish a finalrequirementbefore earning abusiness degree from both institutions.

Although all of our students are encouraged to study or internabroad, not everyone can. The UNI-SDJU partnership will bringa cadre of outstanding Chinese students to campus each year,ensuring that all of our students have an opportunity to buildrelationships with international business colleagues.

The expansion of international opportunities for both students and faculty remains a priority for UNIBusiness. This summer wecontinued to solidify our international reach as UNI made its leadership transition.We were gratified to see the significance of ourinternational programs as UNI made its leadership transition this year.

The College of Business Administration has been named anoutstanding business school by The Princeton Review for itsMaster of Business Administration (MBA) program. The NewYork-based education services company selected UNIBusiness forinclusion in the 2007 edition of its book, The Best 282 BusinessSchools, now available online and in bookstores.

“The professionals who complete our rigorous program haveevery reason to be proud of their accomplishment,” said FarzadMoussavi, dean of the College of Business Administration. “Theirdegree is from a university that is ranked among its peers as one ofthe best, a business school that is considered one of the best in theworld by AACSB International - the accrediting organization forschools of business -and a program that, according to The

Princeton Review, is among the best in the country.”A survey of students enrolled in the program provides data

used to select the top MBA programs. According to ThePrinceton Review, “Combining state-of-the-art facilities,‘impossibly friendly’ faculty, and a low, public school price tag, it’sno wonder that UNI students feel theirs is ‘the best businessprogram in the Midwest.’”

One student said that UNI offers“a friendly environment balancedwith a high caliber of academics,which creates a small college feel withuniversity opportunities.” The result is an academic experiencerating of 89, a score usually reserved for elite institutions.

UNI Named a Best Business School

“Although I’ve taught inHong Kong several times, it isstill a fascinating place for me.I see it as a crossroads of oldand new, east and west. Everytime I visit, I learn somethingfrom the experience and thestudents in my MBA course.” Dan Power, Professor,Management

Anna and Victor Lee with President Koob

Front row, presidents Xia and Allen

Mary (Voss) Jeffries (Accounting ’79) Chief Operating OfficerPetters Group Worldwide, Minneapolis

“I acknowledge that gender bias isan issue in certain environments, butfor me, it never has been. I’ve beenfortunate and have always had gender-

neutral superiors who are very accepting. “In my experience, I’ve found that for anyone to be

successful in financial services, technical training has to be oneof your core skills. Flexibility and the ability to multitask havealso been important—especially in public accounting where

you move from client to client. You have to be able to start andstop and react to situations as they come up.

“Prioritizing goes right along with that. For me, prioritizingmight actually be more about balance and includes taking timefor my husband and two children, who have always been partof my work life. This is healthy and sends a good message as aleader in an organization.

“Time management, setting goals and setting prioritiesdefinitely helped me be successful when I was at UNI. Facultymembers did a marvelous job guiding me and giving me thebumpers to be successful, but they certainly didn’t hold myhand. I really had to work and take charge of my future. Theyjust gave me the ability and tools to do it!”

Mary (Beenken) Barnes-Coffin(Accounting ’83)Executive Vice President Loan Servicingand Post Closing, Wells Fargo Home Mortgage, Des Moines

“My experience at UNI providedme with great ‘street’ roots, giving me aterrific foundation on which I have

been able to build my career. From there, my success as a leaderin the financial services industry brings threethings to the top of my mind: 1) leadershipskills; 2) customer focus; and 3) balanced goals.Foundational leadership skills are always anecessity. Those include vision, carrying out the

vision, accountability, integrity and financial savvy. Combining these skills with a lot of drive and energy translates intosuccessful results.

“How a leader approaches the business is also crucial. I am apassionate, customer-focused leader. I look at our entire processfrom beginning to end and consider the experience ourcustomers face. I personally take executive complaint calls.Customers’ experiences and opinions are so important, and Ilisten to them to implement change to help my companyimprove. It is simply that critical!

“Next, balancing personal and career goals is extremelyimportant. As a leader, it’s important to demonstrate this trait tomy team members. My husband and children are my toppriority. To keep them first requires significant attention tobalance, which is something I work on every day.”

Quite a few of our most outstanding Accounting alumni are women. Having heard so much about the “glass ceiling” and the“old boy network” keeping women from becoming partners, vice presidents and CFOs, we asked a few of our alumnae whetherthey had encountered gender bias as they rose to the top of the financial services industry. Their answer was a qualified no. Whathad mattered most, in their personal experience, were the technical competencies gained in a solid Accounting program, well-developed interpersonal skills, a willingness to exhibit leadership, and an ongoing effort to maintain a healthy balance of familyand profession. Here’s their advice to young women - and men - who want to make it to the top in any field.

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Women on Top of Accounting

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56% of thenation’s

Accounting gradsare female.

49% of UNI’sAccountingstudents arefemale.

54% of newpublic accountinghires are female.

Accounting Grads Adapt to Stay on TopThe figures are out, and once again, UNI ranks in the top 10

with 26.6% of first-time candidates passing all sections of theannual CPA exam, smashing the national average of 4.6%. With aNo. 5 ranking, our 2004 alumni placed the accountingdepartment in the top 10 nationally for the 11th consecutive year, surpassing much larger schools, schools that

grant advanced graduate degrees and schools that pull the beststudents from much larger populations.

UNI's pass rate consistently falls above 35% and often is higherthan 40%. In 1997, 2000 and 2002, UNI's pass rate ranked No.1 in the nation.

The real news, however, is that UNI grads have continued to

Jean (Rogers) Trainor(Accounting ’75)President and CEOVeridian Credit Union, Waterloo

“What are the keys to success?Obviously, the accounting andanalytical skills I gained at UNI werehelpful to start. What I found as I

gained experience is that people skills, oral and writtencommunication skills, leadership skills—the ability to worktogether in a team environment— are just as important. It’s also

important to surround yourself with talented people who canwork together. We’re more successful in a team environment thanwe are on our own.

“I love my career, I love my work, I love the people I work forand I think it’s important to have other facets of your life thatare also priorities to create balance. For example, being a momhas helped me become a better CEO, and I think I’m a bettermom because I am a CEO. My son, who happens to have somedisabilities, has taught me a lot about acceptance and belongingand community. Accepting others for who they are andaccepting different ways of thinking and different backgroundsare critical in the workplace.”

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Diane (Crane) Bridgewater (Accounting and French ’85) Vice President and CFOLife Care Services, Des Moines

“Regardless of where you work,what your industry, or whether you’remale or female, to be successful, aprerequisite is competency in your

discipline. Beyond that, it’s important to take initiative, be self-motivated, and have a positive outlook and approach toabsolutely everything you do. I know that sounds simplistic, butI find these traits in most successful leaders.

“I can say with a resounding ‘yes’that UNI played a part in my abilityto do all that I’ve done to date.Beyond providing me with competency in my discipline, UNIprovided the environment to foster leadership tenants. I think itrelates to the size of the university, the class size, the caliber ofprofessors and the caliber of fellow students. It’s one thing to haveprofessors motivate you. It’s quite another to have peers whopush you just as much.

“Professors challenged us in class, put us on the spot and got afew debates going. That helped build confidence and the abilityto stand firm in our beliefs, which was excellent preparation forwhen we left the university.”

Ellen (Curry) Valde(Accounting ’85)Partner and Market Industry LeaderPricewaterhouseCoopers, Minneapolis

“Being successful really comesdown to how you relate to people. It’show you treat others and how youlead by example that’s most important.

You also need to recognize the differences in others andunderstand what another person might be feeling.

“Finding balance is also important to career success. And weall find it in different ways. I’m married and have two children,and I feel like I have a life and a career. I put in my children’s

activities on my schedule as meetings. They are as high apriority as my client meetings. That’s one of the flexibilitieswithin public accounting. People understand that you workhard, and yet you’re committed to your family.

“My degree from UNI has also been integral to mysuccess. UNI does a terrific job caring about students,teaching them to work hard, and helping them realizethat by working hard, you can have success that resultsin a great career.

“I really felt as if people cared about me at UNI. Accountingprofessors Andreessen, Abraham and Nicholas knew mepersonally. They showed great interest in my success. Iremember the feeling of confidence they instilled, which helpedme be successful.”

43% ofpracticingaccountantsare female.

The state ofIowa is #1 inCPA pass reatperformance.

lead the country through landmark changes in the CPA exam.With this examination, the format changed from a twice-per-year,pencil-and-paper exam to a computer-adaptive format that is now offered continuously for a two-monthperiod each quarter.The content of the exam changed as well,with law topics now combined with taxation and a newsection to cover non-accounting topics, called Business

Environment and Concepts. Over the years, UNI’s Accounting program has earned a

reputation for academic rigor and hard-working students.We arepleased to demonstrate that our program and students can alsoadapt and perform at the highest levels in a dynamicallychanging environment.

Accounting STACY NELSON

Hometown: Cedar FallsCurrent Position:Administrativeaccounting assistant at

Community National Bank in WaterlooFuture Goals: To earn my master’s degreeand to have a successful career inaccounting where I can continue to learnand grow both professionally andpersonally. UNI Activities: Beta Gamma Sigma honorsociety, Sigma Iota honorary communityservice organization, Accounting Club Favorite Class: Auditing. It waschallenging, but Professor Ron Abrahamkept it interesting, and I learned so much.

Business Teaching KELLI MCCAULLEY

Hometown:MansonCurrent Position: 6th-8th grade technologyand at-risk instructor at

Carroll Middle School in CarrollFuture Goals: To continue teaching at themiddle or secondary level, and worktoward my master’s. UNI Activities: Beta Gamma Sigma and PiOmega Pi honor societies, Iowa BusinessEducation Association, intramurals Favorite Class: Legal and SocialEnvironment of Business with ProfessorHeidi Noonan-Day. This class related theconcepts to “real-life” situations, whichpiqued my interest. I try to use the sameapproach and teaching style in my ownclassroom.

EconomicsAARON POPP

Hometown: Cedar FallsCurrent Position: Ph.D. student inEconomics at The

Ohio State UniversityFuture Goal: To find a research position inacademia or with the government.Leaning toward specializing in an appliedmicroeconomics field and econometrics.UNI Activities: Iowa High School ModelUnited Nations, Economics Club,Monopoly Club Favorite Class: Intermediate MathAnalysis. It was a difficult but enjoyableclass that provided me with vitalmathematical techniques and training forgraduate school.

FinanceANDREW AHRENS

Hometown: BooneCurrent Position:Financial analyst forIBM

Future Goals: To pass the CFA® Level Iexam, continue to increase my skills andknowledge in finance, and gain the CFA®

designation.UNI Activities: Beta Gamma Sigma andPhi Eta Sigma honor societies,Economics Club, Financial ManagementAssociation, Golden Key Honor Society,Intramural Manager, UNI Tennis ClubFavorite Class: Advanced FinancialManagement with Dr. Zaman. Heencouraged us to think “outside the box,”and he answered complex problems thatmany finance professionals face.

Management NATHAN

WITTMAACK

Hometown: Linn GroveCurrent Position: Teamleader at the Target

Distribution Center in Cedar Falls Future Goals: To stay in the Cedar Fallsarea for a while and advance within

Target, if the opportunity comes along. UNI Activities: Intramurals, EconomicsClub, Baseball Club, BASIC, OmicronDelta Kappa and Beta Gamma Sigmahonor societies, attending UNI sportingeventsFavorite Class: Principles of Macro-Economics, because it was the first class inthe business college, and it persuaded meto double major in Econ.

MarketingLORI CAVANAUGH

SCHMITZ

Hometown:Charles CityCurrent Position:

Buyer at Bossard Industrial Products in Cedar FallsFuture Goal: To obtain my real estatelicense.UNI Activities: American MarketingAssociation and Mu Kappa Tau HonorSocietyFavorite Class: Real Estate Finance. It’s anextremely challenging class, and Dr. ArtCox gets his students engaged in thematerial.

ManagementInformationSystemsANDREW SCHULTZ

Hometown: Spirit LakeCurrent Position:

Systems administrator at The State Bankin Spirit Lake Future Goals: To start out in theinformation systems realm and possiblymove into a management position.UNI Activities: Management InformationSystems Association, intramuralsFavorite Class: Either BusinessProgramming or Database Managementand Theory. In both classes, I got greathands-on experience in using databases todevelop dynamic Web sites.

8

Celebrating Student Excellence

www.cba.uni.edu

Each year, students who display“meritorious scholarship or

conspicuous achievement” are

recognized with thePurple and Old Gold Award.

Purple and Old Gold Award

StudentEntrepreneur ofthe Year

The John PappajohnEntrepreneurial CenterStudent Entrepreneur ofthe Year award ispresented to aUNIBusiness studententrepreneur who ownsand operates anindependent smallbusiness. CarlosArguello, a senior marketing major from Carroll, is a tenant inthe JPEC Student Business Incubator, which provides newstudent entrepreneurs with office space, equipment and expertadvice from JPEC staff members.

Carlos started a Spanish/English translation and interpretationbusiness that serves the banking, medical and legal industries.He’s exploring other business opportunities in the incubatorprogram, including developing a Spanish-language newspaper forwestern Iowa and starting a Spanish-language radio station.

Carlos was involved in UNI’s Collegiate EntrepreneursOrganization and was a regional winner in the John PappajohnNew Venture Business Plan Competition. He is a member of theIowa Council of International Understanding and volunteers histime to El Centro Latinoamericano helping new immigrants.During the academic year, Carlos worked part time at VeridianCredit Union and provided Spanish-language services.

Wall Street JournalAward

Initiated in 1948, this awardrecognizes undergraduates ineach state who display highacademic achievement inbusiness-related programs. GWYN VANDERWEERDT,EconomicsHometown: SullyEmployment: Assistant directorat Lake View Camp in Pella

Future Goals: To live in Iowa and continue to work at LakeView Camp.UNI Activities: Economics Club, Economics tutor, Phi Eta Sigmaand Beta Gamma Sigma honor societies, intramurals Favorite Class: Legal and Social Environment of Business withProfessor Heidi Noonan-Day, which involved a lot of classdiscussion and debates. The material was always interesting, and Ilearned a lot about the legal system.

President’s Council Plans GraduationCelebration

Students, their family members, their friends, and membersof the university and business communities recognized theoutstanding achievements of this year’s graduating seniorsduring the UNIBusiness Graduation Celebration at theGallagher-Bluedorn Performing Arts Center on the UNIcampus. The Graduation Celebration was planned by thePresidents’ Council, which is comprised of the presidents of allUNIBusiness student organizations.

Council members include (front row) Kelly McCabe, Rae True,Callie Pederson, (back row) Brian Larkin, Joel Kiesey, CouncilPresident Ben Loss, and Grayson Jones. Not pictured: Brian Rustand.

Student Organization of the Year The International Club of Business Students promotes an

educational and cultural environment in which UNIBusinessstudents with an interest in international business can share ideasand experiences. The club also gives international students theopportunity to network and to learn about international businessconcepts from American business students. The ICBS receivedthis award for its numerous outreach activities, including writingthe training manual Business for Beginners, which helped studentsin Kopeyia, Ghana, establish and operate a new village store.

ICBS members (front row) Janeen Fell, Jeff Thibadeau, AngelaWatters, Melinda Hammerlinck, Aliya Sultaninkarim, AliAbdelsalam, Sara Blackstock, (back row) Kunwook Lee, ShawnDanker, Paul Beck, Chris Dunkelberg, Wade Summers, JessicaMoser, Anne Dvorsky, Jane Yagla and Jindallae Kim.

9www.cba.uni.edu

Carlos Arguello (left), Marketing

Service JERRY SMITH

Management

Jerry Smith came to UNIwith an Ivy League education,years of strong research andteaching experience, and anintense desire to improve thequality of our educationaloutcome. Within the College,Jerry is in charge of aninitiative that measures whatstudents have learned todetermine whether we’reaccomplishing what we set outto do. At the university level,Jerry re-energized efforts toimprove the quality of UNI’sliberal arts experience.

Service ART COX

Finance

Art Cox was selected for hisoutstanding contribution toour Real Estate program.When Art took over theprogram in 1995 there was noReal Estate major, and onlyabout 20 students wereconcentrating in the RealEstate emphasis. Today,approximately 190 studentsmajor in Real Estate, thefastest growing major withinthe College. Art has cultivatedsolid relationships withemployers, which translatesinto success for students.More than half of our RealEstate majors have meaningfulinternships in their field beforethey graduate, andapproximately 75 percent havereceived a job offer prior tograduation.

Teaching BRYCE KANAGO

Economics

Bryce Kanago sets highgrading standards and getshigh student ratings—a perfectcombination. His classroompresentations are fast-pacedand fully engage students indiscussion. On a facultyassessment, one student wrote,“Dr. Kanago is actually excitedabout economics and loves toteach. Plus, he wants us tolearn it as well. He really seemsinterested in student learningand isn’t just here for a job.” Aprofessor can receive no higherpraise than that!

Outstanding Contributionto Business andCommunity TAGGART FROST

Management

Taggart Frost hasparticipated in our ExecutiveDevelopment Center (formerlythe Management andProfessional DevelopmentCenter) programs since thelate ’80s. Prior to hisretirement in May, Taggertprobably taught more classesfor the Executive DevelopmentCenter and reached morebusiness managers than anyother faculty member at UNI.Taggart has taught numeroussessions related to strategicplanning, leadership, goalsetting and conflictmanagement, among others.Taggart has continually beenone of the ExecutiveDevelopment Center’s highest-rated instructors and one ofthe key contributors to itsexcellent reputation.

10

Celebrating Faculty Excellence

www.cba.uni.edu

Two individuals exhibited such outstanding service to theCollege this year that a double award was made.

Students’ Choice STEVE CORBIN

Marketing

Each year, UNIBusinessstudents cast online votes toselect the person they believe isthe most outstanding teacherwithin the College. This year’srecipient is Steve Corbin. Stevejoined the UNI faculty in1975 and has been a facultyadvisor for several studentgroups, including Mu KappaTau Honor Society and theUNIBusiness Presidents’Council. Mu Kappa Tau wasrecently recognized as the mostactive student chapter in thecountry.

Teaching InnovationA.GERALD SMITH

Accounting

Gerald Smith has been atUNI since 1989 and teaches inthe Auditing and FinancialAccounting areas. Geraldreceived this award fordeveloping a course in fraudexamination. In response tosome of the audit failuresmaking the news in recentyears, universities have beencalled upon to provideadditional instruction in thisarea of accounting. Gerald’sproactive approach indeveloping this course putUNI ahead of many otherschools.

University Book & SupplyOutstanding Teacher STEVE HARRAST

Accounting

Each year, University Book& Supply presents anOutstanding Teaching Awardto one of our newer faculty.This year’s recipient is SteveHarrast who came to UNI in2003. Steve received hisdoctorate in Accounting fromthe University of Memphis.His primary teaching area isAccounting InformationSystems.

UNIBusiness ThanksUniversity Book and Supply forproviding this recognition of ourjunior faculty.

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One of the high points of the annual Graduation Celebration is honoring outstanding faculty membersfor their teaching, scholarship and service. Congratulations to this year’s recipients.

www.cba.uni.edu

Rick Francis JoinsUNIBusiness

UNI offered RickFrancis a visiting positionwhen Hurricane Katrinashut down the Universityof New Orleans, where hewas an assistant professorof Accounting. As luckwould have it, thedepartment was soonconducting a nationalsearch for a new facultymember. Rick decided toapply, and the accountingdepartment was delightedto find that this superblyqualified candidate wasready to make UNI hispermanent home. Rick isnow an assistant professorteaching FinancialAccounting Theory andIntermediate Accounting.His research interestsinclude market-basedaccounting research,financial accounting andcash flow. Rick received hisB.B.A. in Accounting, anMBA, and his Ph.D. inAccounting, all from theUniversity of Oklahoma.Rick is also a CPA.

Purple Level Ernst & Young, LLP

Friends Allen HospitalBergan, Paulsen & Co., P.C.Bertch Cabinet ManufacturingBradford AssociatesCarney, Alexander, Marold & Co., LLPCedar Falls Brown BottleCommunity National Bank

Flowerama of America, Inc.Gazette CommunicationsITA Group, Inc.Krause Gentle Foundation (Kum & Go)MontageOakridge RealtorsPioneer Graphics Commercial PrintingRoth JewelersTaylor Veterinary HospitalUniversity Book & Supply

The College of BusinessAdministration would like tothank those whose generousdonations made the 2006Graduation Celebration possible:

Celebration Support

Entertainment during the Graduation Celebration wasprovided by three UNIBusiness students. These students werechosen during a talent search conducted by the College ofBusiness Administration’s Presidents’ Council, which includesthe presidents of all UNIBusiness student organizations. From18 entries, three were chosen to perform and receive a $700cash prize.

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Creating Student ExcellenceStudents Show Their Creative Side

www.cba.uni.edu

Sober Tuesday, whichincludes freshmanAccounting major DavidKeim and band matesJeremy Loving, ColeTaggart and Gabriell Tee,rocked the auditorium withmusic and vocals.

Senior Management majorJohn Sparland shared hisvocal talents and even wrote asong to honor Linda Corbin,coordinator of student advisingfor the College of BusinessAdministration

Freshman Accounting major Lu Ning mesmerizedthe audience with music onthe Chinese harp.

Sharing Their Expertise When faculty members aren’t teaching,

advising students or carrying on campuswork, they can be found exploring andexpanding the frontiers of their businessdisciplines. Their work is published inacademic books, professional journals,textbooks and mass-market books found atyour local library or favorite retailer.

Within the past five years, UNIBusinessfaculty have published more than 20 bookson topics ranging from macroeconomicsprinciples to marketing techniques forchurch leaders.

Take a look at these selections atwww.cba.uni.edu/FacultyScholarship.

Balanced against UNI’s reputation for great teaching is anequally impressive story of great scholarship. UNIBusiness facultycontribute to Iowa’s economy and student learning, as well as toknowledge in their own disciplines, with research that is bothinnovative and applicable. This year’s Faculty Scholarship Awardwinner, Shashi Kaparthi, associate professor of ManagementInformation Systems, was chosen for an intellectual contributionthat stands out for its applicability to real business decisions.

Shashi is fascinated with information technology andespecially with its potential to make individuals, businesses, andsociety more effective and efficient. He began applying neuralnetworks, an artificial intelligence methodology, to solve business

problems while a doctoralstudent at SUNY,Buffalo. Thatmethodology hasremained the focus of hisresearch since arriving atUNI in 1992.

Artificial neuralnetwork models wereoriginally developed toexplore how the humanbrain works, but Shashi

realized they could be harnessed to analyze business data fordecision-making. His work, published in a series of articles overthe past 15 years, demonstrates, for example, that neuralnetworks can mimic the human brain’s capability for recognizingpatterns in images. A decision-system that recognizes patterns canbe “taught” to do tasks. For instance, the system can recognizepatterns within product components, allowing production

engineers to streamline amanufacturing process. Onesystem learns from surgicalresults and suggests possibleimprovements in thesurgeon’s choice parametersfor future surgeries.

A key to great scholarshipis staying at the cutting edge,and Shashi’s work has alsokept up with a fast-changingfield. With the growth of theInternet, Shashi beganstudying the use of neuralnetworks in the design of Web-based decision support systems.To help practitioners effectively use the technologies, Shashi co-authored two books that explain how to use the ColdFusionServer Language to design and implement dynamic Web sitesand e-commerce systems: Macromedia ColdFusion and AnIntroduction to Web Programming. These books are used inclassrooms across the country, as well as by professionaldevelopers who create Web sites for business. The programmingtools allow the Web to be used as much more than a simplecommunication medium; they create Visual InteractiveExplanations that can improve decision-making. Thanks toShashi’s active scholarship, UNIBusiness students are able to takea course that prepares them to hit the ground running, armedwith some of the most up-to-date tools in the field ofinformation technology.

Connect with Shashi at Shashi.Kaparthi@uni.edu.

13

Faculty ScholarshipFaculty Scholarship Award: Applications at the Cutting Edge

www.cba.uni.edu

The college relied on Shashi’sconsiderable IT expertise when wedeveloped our new website. Visitwww.cba.uni.edu.

14 www.cba.uni.edu

A named chair or professorship honors both the generosity ofa donor and the faculty member who holds it. The ultimatebeneficiary, however, is the student.

Professorships and chairs allow faculty to concentrate ondeveloping new educational opportunities for our students. MirZaman, for example, who holds the Carl Schweser Professorshipin Financial Analysis, has been able to devote time to the CFA®

Level I Study Seminars, focusing his considerable expertise infinance toward a program that sets our graduates apart.

Some professorships and chairs provide students directfinancial support. Undergraduates who have done research

suitable for the bilateral research exchange, for example, knowthat the Lawrence Jepson Professorship of InternationalEconomics will support their travel to Moscow, where they are topresent their work to their Russian counterparts.

A named professorship or chair enables us to attract and retainthe best faculty. The David W. Wilson Chair in Business Ethicsbrought Donna J. Wood to the UNI campus, for instance.Donna’s presence here, in turn, drew attention to a faculty that isnow internationally recognized for its strength in the area ofbusiness ethics and corporate social responsibility.

Each professorship or chair has its own story.

Enhancing the Impact of Faculty

Ken McCormick Named Jepson ProfessorWith shrinking state support for higher education, we

increasingly rely on the generosity of people who believe inUNI, the College of Business Administration and in preparingstudents for a global economy. Mr. Lawrence Jepson was onesuch person.

Lawrence Jepson was born in Denmark and immigrated toIowa with his parents in the early 1900s. He attended Iowa StateTeacher’s College and, while an undergraduate, was instrumentalin creating the Cedar Falls Chamber of Commerce.

Mr. Jepson founded Keystone Mutual Fund, which he ranuntil the late 1970s. After leaving Cedar Falls, he became a WallStreet businessman who was interested in how Iowa and theUnited States fit into the global framework.

UNI’s Lawrence M. Jepson Memorial Endowment wasestablished in 1982 to improve the global understanding of ourstudents and help them realize how the U.S. fits into theinternational environment. From that noble idea emerged theLawrence Jepson Professorship in International Economics,which was awarded this spring to UNI Economics ProfessorKen McCormick. Through the generosity of Mr. Jepson, Kenwill be instrumental in internationalizing our campus,curriculum and students.

One of the activities of the Jepson Professor is a bilateralstudent seminar on international business, an exchange programwith the Plekhanov Russian Academy of Economics (PRAE) inMoscow. Each spring, teams of five students and at least one

faculty advisor from each university present papers to theirrespective Russian or American peers for critique and discussionduring two separate seminars—the first at UNI, and the secondat the PRAE. Experiences such as these broaden our students’outlook and strengthen UNI’s global connections.

In addition toserving as theJepson Professor,Ken McCormickteaches Historyof EconomicThought,Macroeconomicsand Math forEconomics. Kenhas been afaculty memberat UNI since hisgraduation in1982 from IowaState Universitywith a Ph.D. inEconomics—Public Finance. Ken received his B.A. in Economics and UrbanStudies, with highest honors, from the University of Californiaat Riverside.

Distinguished Professorships and Chairs

An endowment established by LawrenceM. Jepson helps improve the globalunderstanding of students and helpsthem realize how the U.S. fits into theinternational environment.

The creation of an endowed chair or professorship marks a significant contribution to the future of the Collegeof Business Administration. UNI thanks those who have made these chairs and professorships possible.

15www.cba.uni.edu

T. Wayne Davis Chair inEntrepreneurshipPETER GOULET

Management

Established by Adell Davis tohonor her late husband, T.Wayne Davis, the chairsupports entrepreneurshipactivities among faculty andstudents, continuing thetradition of support for smallbusiness that was so importantto Mr. Davis.

David W. Wilson Chair in Business Ethics DONNA J. WOOD

Management, Philosophy & Religion

David W. Wilson’s gift makesethics a focus of teaching andresearch and helps studentsgain a perspective on ethics asa guide to decision-making inlife and business.

Gaylon HalversonProfessorship inAccounting RON ABRAHAM , LEE

NICHOLAS, LAVERNE

ANDREESSEN, DARREL DAVIS

Inaugural holders of theprofessorship.

This endowment wasestablished by our alumni tohonor the strong tradition ofexcellence in Accountingeducation initiated under theleadership of Gaylon “Doc”Halverson.

Pioneer Hi-BredInternationalProfessorship inInnovationPROFESSOR LOU HONARY

Management

The Pioneer Professorship ofInnovation was established byPioneer Hi-Bred Internationalto advance the bio-basedlubricants industry.

UNI’s Financial Analysis StudySeminar is Coming to Des Moines

The Chartered Financial Analyst(CFA®) designation is the mostrespected credential for financialprofessionals seeking to establish theircompetence in investments. Manyprofessionals prepare for the CFA®

examinations by enrolling in CFA®

study seminars offered by variouscommercial entities. The travel, lodgingand tuition associated with theseseminars can be costly. What’s more, thetrack record of such programs is uneven,at best.

In response, UNI Finance ProfessorMir Zaman, holder of the prestigiousCarl Schweser Financial AnalysisProfessorship, will deliver UNI’sremarkably successful CFA® study

seminar in downtown Des Moines,March 16-18 and May 4-6, 2007. Off-site availability is made possible by Dr.G. Carl Schweser, US Bank andother contributors.

The CFA® study seminars, offeredon the UNI campus since 2000,have resulted in a pass rate twice thenational average. The seminarincludes the Schweser studymaterials, lectures, discussions andsimulated CFA® Level I exams.Attendees receive three hours ofacademic credit, which makes the seminareligible for most employer tuition reimbursement programs.

Learn more about UNI’s CFA® Study Seminar by contactingProfessor Zaman at mir.zaman@uni.edu, 319-373-2579 or byvisiting www.cba.uni.edu/cfa. To register for the seminar, contactBonnie Poley at bonnie.poley@uni.edu or 800-648-3864.

Honoring the Past while Supporting the FutureOther distinguished chairs and professorships have been established to honor those who have played a special part in the success ofUNIBusiness over the years.

A challenge gift fromG. Carl Schweser wasthe impetus for a fundto support financestudents who arewilling to earn theChartered FinancialAnalysis® designationas undergraduates.

Call or visit the website formore information or to make a reservation.

Dear Alumni and Friends:It’s a great time to be a

panther.With enormous pride, we

say thank you to all of ouralumni and friends whoparticipated in the StudentsFirst campaign and helpedus raise more than $112million for the University ofNorthern Iowa. Without thegenerous support of manydonors, including

UNIBusiness alumni and friends, UNI would not be able tocontinue its tradition of excellence in education.

We are also grateful to UNIBusiness alumni who made our

most recent Panther Phoneathon the most successful ever bycontributing nearly $60,000. Please see Dean’s Fund forExcellence (below) for the impact your investment will have onour current students’ experience.

We hope you will take a moment to reminisce about yourtime here and reflect on the impact your UNI educationcontinues to have on your life. We greatly appreciate yoursupport today or through a future gift in your estate.

Sincerely,

Carrie Rankin, ‘89Director of DevelopmentCollege of Business Administration

What is the Dean’s Fund for Excellence?UNI students and faculty understand that today’s highly

competitive global market requires preparation beyond a solidclassroom education. Your contributions to the Dean’s Fund for

Excellence provides thenecessary financial supportto help students build theirprofessional edge. Here areseveral practical ways inwhich your gifts can make adifference: • Funding a scholarship thatpermits a student to enrollin our intensive studyseminar in preparation forthe CFA® examination.

A student is willing to make the extraordinary commitment oftime and energy required of seminar participants but can’t affordthe associated fees. For several students, the Dean’s Fund hasbeen the difference between a Level I CFA® designation andhaving no professional designation upon graduation.• Funding an airplane ticket for a student who chooses to do an

unpaid internship in one of our partner businesses in China.A student forgoes the income and convenience of a local

internship and is willing to live for a year in an unfamiliarenvironment, but can’t afford the cost of travel to China. TheDean’s Fund has enabled several students to embrace thisopportunity and begin their careers with a professional advantageand a unique perspective on life. • Funding a student organization'sparticipation in a rigorous academiccompetition.

Students are willing to invest thetime and energy required to prepare for an academic competition(one group of students logged a total of 1,700 hours) but can’tafford the travel expenses. The Dean’s Fund has allowed severalstudents to embrace this competitive challenge.

You can make a lasting difference in the lives ofUNIBusiness students by giving generously to theDean’s Fund for Excellence. To learn more about thisfund, contact Farzad Moussavi, Dean of the College ofBusiness Administration, at 319-273-6240 orFarzad.Moussavi@uni.edu.

16

Thank You for Supporting

www.cba.uni.edu

TheDean’sFundForExcellence

Emily Barrick with friend LinZhang and Associate DeanLeslie Wilson in Dalian, China.

Panther Phone Pledges Each fall, UNIBusiness alumni receive calls from UNI collegians as part of our Panther Phoneathon fund drive. Last year,

alumni donated a record-breaking $59,694. If you haven’t fulfilled your pledge, please do so today! If you didn’t receive aPanther call but would like to make a gift to the College of Business Administration, contact Jim Jermier, director of collegiatedevelopment for the UNI Foundation, at 319-273-7111, 800-782-9522, or Jim.Jermier@uni.edu. You can also make a donationonline at www.cba.uni.edu/deansfund.

Bill Kimball Helps Create Global Connections As a member of the Executive Advisory Board, Bill Kimball,

strongly supported the College’s efforts to raise the profile of ourinternational business programs. He did notice, though, that ourstudents did not take full advantage of one significantopportunity. UNI attracts students from all over the world, manywith business experience and connections in their homecountries. But until students from Iowa and France andLithuania and Malaysia get acquainted, they can’t start to learn

from each other. The Bill KimballEndowment for International Relationswas established to begin the dialogue.

The endowment will support activitiesthat raise the level of interaction between

domestic and international students on campus. Preference willbe given to activities sponsored by the International Club ofBusiness Students, such as the new Global Associates programthat pairs international and domestic students for mentorshipand friendship.

The second segment of the endowment, The Bill KimballFund for International Development, will enhance the

international experienceof students and facultyduring the next two yearsthrough internationalinternships andinternationaldevelopment programs.International internshipswill include a 12-month program in the Dalian Free Trade Zonein Dalian, China. An intensive international business seminar forgraduate students offered by the Institut Supérieur du Commercein Paris will also be supported.

Funds will also support one faculty member as he or sheparticipates in an international professional developmentexperience. Such opportunities allow faculty members to bringnew insights back to the classroom giving UNIBusiness studentsa broader perspective on the world.

Bill Kimball is the retired president of Medicap Pharmacies, Inc.and a past College of Business Administration Executive AdvisoryBoard member. He and his wife, Charlotte, live in Johnston. Theyhave a son and daughter, both of whom attended UNI.

Wendell Crosser Honors His Mentor Dr. Darrel Davis (right) retired from teaching last fall, but

not before helping create one of the best Accounting programsin the country. Wendell Crosser (Accounting ’81), one of Dr.Davis’ former students and current CFO of Allied Insurance inDes Moines, recently established the Dr. Darrel DavisAccounting Scholarship Endowment to honor the educator whoplayed such a key role in his life.

Scholarships made available through this endowment will begranted to academically accomplished students with financialneed who are majoring in Accounting and are involved in thehumanities and fine arts.

“You go down a lot of roads, and there are mentors along theway. Dr. Davis was one of those people,” said Wendell. “I’venever met anybody who spent his time helping other peoplewith really no focus on himself. I remember sitting in his classthinking, ‘I don’t know what college professors make, but thisguy could make a whole lot more money doing somethingdifferent.’ I was very thankful he was here. The guy is brilliant.”

Dr. Davis taught his last semester of classes in the fall of 2004and officially retired in June 2005. He and his wife, Kay, movednear Rockford, Ill, to be closer to their family and grandchild.

With a goal of $300,000, Wendell made the initial $15,000contribution to this ongoing scholarship; Allied Insurance in DesMoines contributed $30,000. “I encourage people to contributein honor of Dr. Davis and take a minute to reflect on hiscontribution and how many people he helped,” said Wendell.

17www.cba.uni.edu

Bill & Charlotte Kimball

UNIBusiness thanks Bill Kimball, Wendell Crosser and Allied Insurance for their generosity.

To support our international programs or the Davis Accounting Scholarship Endowment, please contact Jim Jermier, director ofcollegiate development for the UNI Foundation, at 319-273-7111, 800-782-9522, or Jim.Jermier@uni.edu.

$100,000 and upDavid W Wilson

$10,000 - $99,999Allied (Nationwide Insurance

Foundation)Diane C. Bridgewater Wendell Crosser General Electric Co./GE

Foundation Steven K. GravesJohn Deere FoundationWilliam C. Kimball Northeast Iowa Charitable

Foundation Principal Financial Group

Foundation Inc.Richard A. Rue Turnkey Associates LC

$5,000 - $9,999Farm Bureau Financial

ServicesGladys M. Meier Steven P. Neighbors Pioneer Hi-Bred

International Inc. Pricewaterhouse Coopers

FoundationTimothy J. Throndson

$1,000 - $4,999Aegon USA, Inc.Robert E. AllenderBergan Paulsen & Co. Robert W. Bettle Ted Breidenbach Irving W. BudlongPaul D. CartwrightPaul J. CurranDeloitte & Touche

Foundation Lisa J. Dreyer Ernst & Young LLPErik J. FedererFidelity FoundationRodney D. Foster

Suzanne P. FrickH & R Block FoundationMonica M. HaagScott P. Hassenstab Rosalind K. HillCharles J. Hoefer Hogan-Hansen Steven Howard Iowa CCIM Chapter Iowa Chapter of the

Appraisal Institute Iowa Realty Foundation Wayne F. IrmiterJeld-Wen Co. Foundation Christopher J. KealyTony A. KorthausDavid G. LatzkeDale LischerNeil C. Marck Marsh & McLennan

Companies Inc.Michael McBride John T. McCartan Mel Foster Co. John P. Meyer Kurt G. Moser Michael MroskoThomas L. NordstromDouglas W. Opheim Gregory P. OsbornDennis L. Padget Pella Corp. FoundationRandal R. PilkingtonRoger L. Polark Richard H. & Kathleen M.

Redfern Gary J. Roling Saltzman Hamma Nelson

Massaro LLPPeter J. SchlicksupDavid B. Shimkat Roger K. Smith Society of Industrial &

Office Realtors Kevin E. SteereKirk L. Tibbetts Ellen L. Valde

Jamie Van NostrandCarolyn WeberWells Fargo Foundation Timothy V. Williams Ben L. Windust Brian D. Worth Rachelle C. Yousefi

$500 - $999American Marketing

Assoc. - UNIKevin C. BanwartSteven P. BiggsScott R. BrosharStephen A. CasterJason G. ChanceJeffrey J. CuddebackKyle P. DidierErnst & Young Wayne F. Frost Sally FruddenChristopher J. GehlingGMAC-RFCChristopher S. Hoins Laura HuismanInstitute of Management

AccountantsInstitute of Real Estate

ManagementSherri L. KinsethKrause Gentle FoundationGregor D. MacDonaldJulie A. McCormickMark E. MillerChristopher MuellerDennis B. MullenPalmer Search Group Inc. Pricewaterhouse CoopersDouglas L. RossLaurie RueberDeanna D. SchultzKathy J. Siemsen-MindeScott SmithDavid G. SparksDonald D. StansberyState Farm Companies

Foundation

Christopher A. StrainMitzi Z. Tann David P. VonderhaarWaterloo Area Chapter

ISCPAS Wells Fargo Community

Support CampaignGeorge M. Wessel

$100 - $499Lori L. AbernathyDavid W. AdamsPhilip A. AkasonAllen Health SystemsDavid J. AltmanStephen J. AndersonAllison L. AppelKerry S. ArehartJeff A. ArgotsingerMichael R. ArmbrechtLynn A. ArmstrongAngela M. ArthurGlenn W. Ashby Jr.John K. BakewellKimberly K. BakeyRandall R. BallTracey M. BallIrvin BanzhafPaul H. BarnesConrad BaumlerLarry G. BeanDavid M. BeckerMonte T. BergBertch Cabinet Mfg.Douglas D. BeukelmanLeonard J. BeurerNathan J. BevingMarshall P. BlaineCraig J. BlakeRonald J. BlanchetThomas E. BlazekJean M. BloomquistGary E. BotineGregg A. BotkinDenise BouskaJulie L. BowesWesley L. Brackey

Kimberly R. BradwellDarla BrendemuehlSonja BreyfogleBrinks Home SecurityBrown Bottle - Cedar FallsJerry D. BrownKimberly S. BrunnerJulie A. BuckallewGary L. BurkeRobert J. BuscherTatum J. BuseChristopher A. ByrnesPatrick A. CahalanLaura D. CampbellCarney Alexander

Marold Co. LLPSusan K. ChantlandMax E. ClarkDawn CollinsCommunications

Data Services Inc.Community National BankTodd T. CookDarwin G. CopemanE. Thomas CorcoranKathryn C. CordovaTroy R. CornickBrent CottingtonJoseph E. CoxRobert A. CraneCSG Systems Inc.Steven R. CummingsJoseph P. CunninghamRobert L. DarrowGreg DaviesCurtis L. DeBergNicole DegrootMark A. DeJongTracy R. DekeJames L. DelzellRebecca S. DentelValerie A. DeryckeCraig W. DickinsonDaniel J. DickmanKevin A. DiehlBrian P. DonnellyVicki Doyle

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Thank You for Supporting You Came Through Again!

www.cba.uni.edu

There are many ways to stay connected with UNI, butfinancial support remains one of the most important ways to helpthe College of Business Administration meet today’s needs andprepare for the needs of tomorrow. Thank you!

The College of Business Administration is grateful to the manyalumni and friends who, through their generous support, have

demonstrated their commitment to excellence in businesseducation.

The following list represents gifts and pledges received by theCollege of Business Administration between July 1, 2005 andJune 30, 2006.

As a special recognition, we have highlighted those 2005-06 donors whose lifetime contributions exceed $5,000 as follows:

Old Gold - A 2005-06 donor with lifetime contributions of $100,000 or more.Silver Supporter - A 2005-06 donor with lifetime contributions of $50,000 and $99,000.Bronze Booster - A 2005-06 donor with lifetime contributions between $10,000 and $49,999.Purple Proud - A 2005-06 donor with lifetime contributions between $5,000 and $9,999.

Joseph T. DunsmoreJeffrey A. EgliMatthew A. EngelMary EnsmingerSteven J. EvansKristine J. EvenDavid EvensonJames W. EversonNed J. Fagg Robert R. FarrellDeborah L. FernowLouis J. FettketherKenneth E. FinnJed A. FiskDianna J. FitzlJason D. FlinnJeneane M. FlippFlowerama of America

Inc./WaterlooLynn M. ForbushLori A. FossenMichael P. FoxJason M. FranzenMonica T. FullbrightBrent A. FutrellDouglas & Christa GachGreg A. GallJanet GallagherDaniel J. GalloglyMichael D. GaryGazette FoundationRon GiddingsCharles C. GilletteDavid D. GillmanHeidi GillmoreDon GingerichBrian P. GreenLee E. GrimesTammy & David GrimesThomas V. GundersonGil GutknechtChristopher D. HaarsJames C. HallMark A. HalupnikBarbara J. HamannJeffrey L. HamiltonDavid L. HamlettRyan Paul HannamMark & Sharon HannaschLuann HansonMartin D. HappelDouglas R. HarshDiane N. HartschenScott R. HauserJudith A. HavenNeil J. HavlikTerri Lynn HawkinsLance Apollo HaynesLee A. HechtNancy J. HeckerLyndon E. HeiselmanNancy L. HeislerKevin L. HemmenCarol A. Hemphill

Linda R. HenningThomas J. HenricksenScott H. HenryDonn A. HenshawJack D. HerringAngela HerronKathleen HesseSteven L. HethHewitt AssociatesMardy A. HigginsStefanie HillmannJennifer L. HinzJames M. HokeHoneywell FoundationMark M. HoranKelly J. HornerPeter J. HoschThomas F. HotovecDavid A. HowardJeremy J. HowardHubbell Realty Co.Richard W. HughesDan G. HungerfordRoger S. HuntingtonSarah HuppenbauerJack C. IngleLois E. IsemingerITA Group CompaniesRickey L. ItesJean I. JanssenDavid C. JeffreyLisa JepsenJerry Ask Investment ServicesRandy L. JessScott M. JessenCathy A. JohnsonJake JohnsonKaren J. JohnsonKristy JohnsonTimothy D. JohnsonMichael W. JonesJulie JorgensenDavid P. JungenBryce KanagoTodd KanneAngela C. KeeneyBarbara KeningerDavid KepplerRobert J. KirschbaumRobert D. KnudsenJudith KoopmeinersGeorgia L. KostKraft General Foods

FoundationKevin J. KrauseAlan W. KruegerJames M. KruegerAdam R. KruzichJeanette KuchenreutherCharles R. KuenziThomas G. KunzTamera S. KusianChad R. LabahnDenna A. Large

Gene M. LarsenDaniel L. LawrenceDavid LeCompteRichard D. LeeDaniel T. LeeseDuane R. LemkeJanice Lemke-SpringmierLennox International Inc.Gloria A. LewisDebra S. LillySteven R. LindSteven M. LindquistMark E. LocusDonald C. LowerCathi L. LuettDouglas E. MabeusPaul G. ManginLeanne MardenStephen V. MarlowWayne A. MarpleJohn F. MarshallMasterBrand Cabinets Inc.Mellisa H. MattssonTony N. McAdamsDale W. McAllisterHarold E. McCarvilleCraig A. McCollamPatrick C. McGrathJohn F. MeneoughJoe D. MengelAnn M. MenkeKim M. MesenbrinkMichael J. MessinaKristina MeyerBenjamin D. MillerGaylen D. MillerLynn M. MillerRyan D. MillerJanise MoffettAndrew MooreMartin L. MooreTena B. MorganThomas MrogenskiMTS SystemsJanan E. MuellerCatherine MurphyEric MurrellKaren NantzNationwide Insurance

FoundationGary L. NelsonVyron NelsonMark E. NibaurLee H. NicholasCarla & Daniel NicholsAndrew E. NielsenRick J. NoelP. Kelly NollMary Joy NortonJulie M. NosekConni OdleDavid R. OethKeith J. OhlandHolly Olson

Michael P. PaarDave & Karen PageBrigitte Palmer DoleshalMary T. PechPepsiCo FoundationDonald R. PetersBryan D. PetersenDavid R. PetersenJerry J. PetersonPioneer GraphicsThomas M. PlazaKathleen K. PorterTodd PowersJames M. PrachtSteven R. PrayJason A. ProchaskaMatthew J. PryorLarry PumpTracy PursellRichard H. PyleLarry D. RaaschKara A. RamirezCaroline L. RankinLayne A. RasmussenRenee RasmussenWilliam R. RasmussenLinda ReederMichael M. ReganBrian L. RehnstromSteven B. ReillyRobert A. ReimersJennifer ReinhardtTerry F. RhoadsJoseph David RieberMichael J. RinikerDennis & Marie RobertsRockwell InternationalDiane M. RoddyAnthony J. RogersTimothy P. RolfesRonald A. RolighedRobert V. RosellBrian T. RossRoth JewelersMichelle RourkeRSM McGladrey IncDaniel L. RubendallConnie RugglessJulia L. RyanMarc W. SalmonSharon J. SamecJeffery J. SauerSauer-DanfossDaniel L. SchaefferSara Elizabeth SchmidtRyan SchmitMichael H. SchniedersDennis SchuesslerKelly SchulerHelen D. SchumacherJames M. SchwarzkopfWalter A. SenchinaJon Shepherd Leslie R. Shneider

Myron C. SiebrechtDan J. SiepkerRonald E. SipesJulia A. SlaydonRobert A. SloanKristine J. SmithRobert W. SnodgrassDelmar G. SteenhardJohn S. StewartSarah StickfortJoseph M. StockerNorma J. StollCara A. StoweDavid L. TakesC. Thoms TalbotDavid J. TangemanTaylor Veterinary HospitalTheobald Donohue &

Thompson PCLyndon W. ThompsonCindy M. ThulJoseph B. TiedemanPhyllis M. TinkerJames W. ToomanStephanie ToppingJerald TorgersonChristine TostenrudBrock TraetowBarry & Christine TwaitRobert I. UmstedUnion Pacific CorpUniversity Book & SupplyU.S. Bancorp FoundationJames D. UsgaardJosef M. VichJames R. VoigtPeter E. VoorheesHolly R. VosCordell L. WabekeKevin Joseph WadleJon R. WaggonerMatthew J. WalkerRonald J. WallerWaterloo Industries Inc.Karla WattersCharles E. WedemeyerGary L. WerkmanWilliam F. Werning Jr.Tammy WhalenKent A. WhiteWilliam J. WielandMichael R. WilhoitLynn WilkersonRichard C. WilliamsLeslie WilsonMolly WilsonGregory J. WoodinScott A. YetmarCharles D. ZenderBecky Zieman-HayesMark J. Zimmerman

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Year-End PlanningAs the end of the year approaches, take a look at your finances and consider making a tax-deductible contribution to your alma mater.Remember to check with your employer about matching gifts. You may be able to double or even triple the value of your contribution.

www.cba.uni.edu

Tarek Fahmy (Management ’06) was oneof four winners of the Four Hire!competition, hosted by the Greater DesMoines Business Partnership and the DesMoines Young Professionals’ Connection.In this “Apprentice”-like competition,candidates completed challenges that led tothe ultimate goal of gaining a position ateither The Des Moines Register, Principal

Financial Services, Allied Insurance or Wells Fargo Financial, allin Des Moines. Tarek accepted a position as an outbound salesspecialist at Wells Fargo.

Alicia Irons (Economics ’06) received theMcElroy Trust Ph.D. Fellowship to helpwith graduate school expenses. The award of$10,000 per year for three years recognizesAlicia’s potential as a Ph.D. student. Thefellowship is awarded annually to twograduates from the 10 colleges in northeastIowa. Alicia is the sixth UNI recipient in thehistory of the fellowship and the fourth

graduate from the Department of Economics. Previous awardeesare Ted Juhl (‘93), Adam Golombos (‘98) and Nick Sly (‘04).

As an undergraduate, Alicia was a Provost Scholarshiprecipient and a point guard for the UNI women’s basketballteam.

Jason Jiskoot (Accounting ’06), receivedthe Student Performance Award for thehighest score of all student examinees in theU.S. and around the world on the CertifiedManagement Accounts (CMA) exam. Jasonwas one of more than 4,000 examineesduring the winter 2006 testing period.

“I put a lot of work into preparing forthe exam, and it has been my experience

that hard work rarely fails to lead to success,” said Jason.Associate Professor Marty Wartick, acting head of the

accounting department, said Jason’s performance on the CMAexam came as no surprise to Accounting faculty. “Jason is bothintelligent and hardworking and provided leadership in virtuallyevery class he took. He worked for the department as a tutor andserved as a student member of the Accounting Advisory Council.I am confident he will be successful in his future endeavors.”

Jason works in the finance department at the Iowa-based PellaCorporation as the wood division budget analyst.

John Meyer (Accounting ’73) was thefeatured speaker at “An Industry Insider’sView of the WorldCom Crisis,” a WilsonSeries in Business Ethics event held thisspring in the Curris Business Building.According to John, ethical problemsincluded the domination of the CFO bythe CEO, the absence of checks andbalances within the company’smanagement structure, pressure to “meet the numbers” andinadequate audits that failed to disclose overstatement ofrevenues totaling $7 billion.

John is a 1988 graduate of the Harvard Program forManagement Development “MBA Boot Camp.” He currentlyserves as senior vice president for the Sprint Corporation. He wasSprint’s chief ethics officer from 1993-2000 and corporatecontroller from 2000 through August 2005. John and his wife,Joy (Lenius) ’73, live in Leawood, Kan. They have two adultchildren, Benjamin and Emily.

Mark Oman (Accounting ’76) is serving aspresident of the Greater Des MoinesPartnership, an organization that works tomaximize local resources and addressopportunities for economic and communitygrowth.

Mark is senior executive vice president ofWells Fargo & Company and oversees theWells Fargo Home and Consumer FinanceGroup. This group is composed of Wells Fargo Home Mortgage,Wells Fargo Financial and Wells Fargo Consumer Credit Group.

Mark joined the company in 1979. In just 10 years he becamepresident and CEO of Wells Fargo Home Mortgage. By 1997, hewas group executive vice president of Wells Fargo & Co.

Mark and his wife, Jill (Feurhoff) ’85, have two children:Lexie and Scott.

Mitchell A. Christensen (Management‘76), executive vice president of enterprisepayment strategies for Wells Fargo & Co.,was featured in the Banking AdministrationInstitute’s Banking Strategies. In an interviewconducted by editor in chief and publisherPat Allen, Mitchell discusses thedevelopments and challenges the bankingindustry faces in electronic check paymentsystems, as well as the future of the U.S. payments business.

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Focus on Alumni

www.cba.uni.edu

Featured on this page are three of our newest alumni and three alumni from our earlier days.Success is what fills the generation gap. We look forward to highlighting the accomplishments

of our alumni, new or seasoned. Please share your success stories with us. To be included innext year’s magazine, send your news and photos to the UNIBusiness editor.

21www.cba.uni.edu

Overachievers Receive “Under”Awards

The Waterloo Courier presented its“20 Under 40” awards to youngprofessionals in Waterloo, Cedar Fallsand Waverly who’ve made significantcontributions in their community andprofessional lives. Of the 20 peoplerecognized, two are UNIBusinessalumni: John Speas (FinancialManagement ’87), trust vice presidentin the investment management andtrust services department atCommunity National Bank, and Mark

Funk (Finance ’00), field director andchartered life underwriter for theNorthwestern Mutual FinancialNetwork.

Barb Anderson (MBA ’03),controller at The Waterloo Courier, wasrecognized as one of Presstimemagazine’s top “20 Under 40”newspaper administrators for 2005.Recipients of this award are selected forshowing “the zeal, innovation and sharpthinking that’s at work in today’snewspaper industry.”

The Des Moines Business Record

presented its “Forty Under 40” awardsto recognize business professionals inthe Des Moines area who havedemonstrated outstanding leadershipand business acumen. UNIBusinessalumni recognized with this award areLisa Dreyer (Economics ’87), vicepresident of client services at WellsFargo; Rebecca Moomey (Finance ’95),assistant vice president and privatebanking officer at Bankers Trust; andTodd Millang (Marketing ’97) vicepresident at CB Richard Ellis/HubbellCommercial.

1959Faye Rennee Glessner (BusinessEducation) retired after 40 years of collegeteaching. During her career, Faye taughtin the United States, Korea and Japan.

1961L.W. (Bill) Murray (Marketing) is aprofessor of Finance and InternationalBusiness at the University of San FranciscoSchool of Business where he alsocoordinates international programs. Sincehe became program coordinator, morethan 1,000 undergraduate USF businessstudents have studied abroad.

1974Waterloo Mayor Tim Hurley (MA)received the 2006 Matt Parrott IntegrityAward at the Waterloo Center for theArts. The awards, which are givenannually by Matt Parrott & Sons Co.,recognize the important connectionbetween integrity and leadership. Tim wasfirst elected mayor in 2003 after servingon the city council and the WaterlooWater Works board of trustees.

1976Thomas E. Halder (Management) worksat Container Components, Inc. as chiefadministrative officer. Thomas semi-retired to the Phoenix area andtelecommutes to his employer inChatsworth, Calif. He recently created aproperty investment business in Phoenixcalled Nui Kahakai (“many beaches”),LLC, which specializes in purchasing andmanaging income-producing real estate inor near beachside locations.

Merlin Nuss (Accounting) was hired bySprint-Nextel as a program manager forLucent and Nortel Switching. Merlin hasbeen a certified project managementconsultant in Telcom Accounting for thepast 10 years with IBM Global Servicesand the Midwest Consulting Group. Hereceived his MBA from CreightonUniversity in 1992 and passed the PMPexam in 1998. Merlin has served as vicepresident of the Kansas City chapter ofPMI for five years and teaches courses atJohnson County Community College.Merlin has four college-age children.

1979Ken Bianchi (Accounting) was namedvice president and chief financial officer ofAffiliated Computer Solutions, whichprovides business process and informationtechnology outsourcing solutions. In hisrole, Ken is responsible for the overallfinancial management of ACS’transportation solutions division. Mostrecently, Ken was the CFO of AT&T’sgovernment solutions division. He alsoheld senior finance positions at Intelsat,Ltd. and Computer Sciences Corporation.Prior to holding these positions, Kenspent several years in public accountingand consulting, including nearly five yearswith Coopers & Lybrand.

1982Scott Youngstrom (Accounting) wasnamed chief financial officer of EnpathMedical, Inc. in Plymouth, Minn. Scottbrings 20 years of financial experience in avariety of medical device companies to theposition, most recently as vice president

and chief financial officer of CompexTechnologies, Inc., a company engaged inelectronic muscle stimulation devices,until it was acquired in early 2006. Scotthas also served as vice president and chieffinancial officer of Acist Medical Systems,Inc., a Twin Cities-based medical devicecompany that manufactures and marketscardiovascular devices. Scott held financialpositions with Cardiotronics Systems, Inc.and Alaris Medical, and began his careerwith PricewaterhouseCoopers.

1985Russ Berg (Marketing) is a store managerfor Blain’s Farm & Fleet and lives inWoodstock, Ill.

1986Tracy (Borlaug) Pursell (Accounting) hada daughter, Lindsey Grace Pursell, onApril 29, 2005.

1988Brian K. Schissel, SCLA (Finance) is thecentral plains regional manager for AIGPersonal Lines Claims in Kansas City, Mo.

1989Chris Mendelsohn (Economics) receivedhis MBA from Drake University in 1993.In October 2005, Chris purchased ArmyPost Accounting in Des Moines andrecently passed his exam to become anenrolled agent.

1991Colleen (Coke) Brower (Finance) is ahealth care consultant with UnitedHealthcare in Edina, Minn.

At the Career Fair

Matt Burns (MIS’05) is a systemsanalyst at StateFarm.

Tracey (Schatz)Plueger(Management ’03)is the humanresource coordinatorfor Menards.

Emily Schrad(Management ’05)is an administrativeassistant & recruiterfor Enterprise Rent-A-Car.

Patrick Meyer(Accounting ’04)works for LattaHarris Hanon &Penningroth LLP.

Derek Thoms(Economics ’02) is amerchandiser forArcher DanielsMidland Company.

Ann (Zimmer)Kegler (Marketing’04) is a sales rep forC.H. RobinsonWorldwide, Inc.

1992Michael Shane Harrington (Marketing)was promoted to general manager of DellOil Company in Grimes in June 2005.He and his wife, Patricia Ann (Wallace)Harrington, welcomed their son, JordanWallace Harrington, in March 2005.

James Proctor (Finance) is a manager atKPMG, LLP in Atlanta.

1993Katie (Bye) Cordova (Accounting) spent13 years with Honeywell International,Inc., and now teaches upper- and master’s-level accounting courses at the Universityof Arizona.

Phillip Luebke (Marketing) received hisMBA from The University of Iowa inDecember 2005. He currently lives inIowa City and is an inventory manager atI-Wireless in Davenport.

Brent Scogland (Management) has been arealtor since 1999, earning a quarterlyExcellence in Service award in each of thelast three years. In May 2005, Brent endeda 14-year career in management with Hy-Vee. Brent and his wife, Sara, have twodaughters and a son.

Shane Lacina (Finance) is employed atAmerUs Capital Management and lives inAnkeny.

1994Michelle (Anderson) Kurtz(Management) is the employee relationsmanager for Coca-Cola Enterprises Inc. inEagan, Minn.

1995Barry R. Cobb (MBA) earned his Ph.D.in Business from the University of Kansasand is an assistant professor of Economicsand Business at the Virginia MilitaryInstitute in Lexington, Va.

1996Laurent Busolin (MBA) is a sales managerfor the mail order selling company 3Suisses (3SI group).

1997Ryan Judas (Accounting) is a seniorinvestment analyst at Principal GlobalInvestors in Des Moines.Scott Sernett (Marketing) joined the ToddOrganization, a benefits consulting firm.Scott remains a financial advisor with theNorthwestern Mutual Financial Network.

1998Jodi (Felderman) Murray (Finance) is asenior financial analyst at RockwellCollins and lives in Hiawatha. Jodi gavebirth to a son, Reece, in November 2005.

1999Jill (Etnier) Kolars (Management) is arecruiter at Ruan Transportation and has adaughter, Hannah Mae Kolars.

2001Jenny (Waldschmitt) Hubbard(Management) married Luke Hubbard in2002. She has been employed as a humanresources officer for the city of Ames sinceJune 2004.

Jeremiah Lehr (MIS) is a technologycoordinator at Dike-New Hartford CSDwhere he is responsible for end-usersupport (computer, software, network andserver), grant writing andresearch/implementation of newtechnologies that align with schooltechnology curriculum plans. Jeremiahand his wife, Jennifer, have three children:Taylor, Haley and Chase. The Lehr’s enjoybeing outdoors, especially camping.

Toby Stanerson (MIS) was promoted toprogrammer/analyst at Regional JusticeInformational Services (REJIS) in St.Louis, where he developed variousapplications, including an image resourceinformation system used to photographcriminals in police station booking areas; alaw enforcement traffic system applicationto track accidents, citations, warnings andcomplaints; Mobile Ticketing; andMapMatrix.

Janet Ekstrom (Accounting) was namedvice president of finance at Iowa MetalSpinners, Inc., where she has worked forfour years.

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Focus on Alumni

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2002Christopher J. Willis (Accounting,Finance) is an investment banker atCleary Gull, Inc. and is pursuing an MBAat the University of Chicago GraduateSchool of Business.

Jill Lynch (Accounting, MAcc ’03) is asenior associate withPricewaterhouseCoopers in Minneapolis.

2003Erin Brincks (Marketing) owns BlondGenius, an “ultra-chic fashion boutique”in West Des Moines.

Shawn Kehoe (MIS) is a project managerat Investment Scorecard in Nashville.

Tom Chriswisser (Finance and RealEstate) is a loan officer with Wells FargoFinancial in Des Moines.

Alpha Timbo Jalloh (MBA) is a creditmanager at Wells Fargo Financial in DesMoines. Alpha previously held amanagement position with Wal-Mart andis now pursuing a master’s degree inAccounting at Drake University. Alpharecently obtained his credit insurancelicense.

Tracey (Schatz) Plueger (Management)married Josh Plueger and is employed atMenards as a Human ResourceCoordinator.

Brooke (LaCoste) Sudol (Accounting)works for Duane Brincks, CPA, inAlgona. Brooke passed the CPA exam thisspring.

2004Brandie Glasnapp (Economics) handlessports information duties for the UNIbaseball, women’s soccer and women’sbasketball teams.

Jeff Mettille (Management) is working on his master’s degree in Global Politics atthe London School of Economics.

Aleksander Abram (Finance) graduatedfrom The Ohio State University with anM.S. in Agricultural Economics. Hecurrently works as a staff economist in thebusiness development department of theChicago Board of Trade.

Patricia Heilskov (Accounting, MA) isvice president of Coonley & HeilskovCPAs in Hampton.

2005Mark Huegerich (MIS) is working as adatabase systems administrator for IowaTelecom in Newton.

Victor Lee (MBA) is a system consultantfor information technology in HongKong.

Okwudili “Okwy” Okeke (MBA) is afinancial specialist at Capital One.

Emily Schrad (Management) works forEnterprise Rent-A-Car in Des Moines andrecruits new managers.

Steve Yongxun Wang (MBA) lives inDelta, British Columbia, and is a businessdevelopment executive for UPS.

Aaron Knepper (Management) resides inAltoona and is an account manager atHomes Murphy & Associates in West DesMoines.

Bryce Paulson (MIS) is a computeroperations analyst for RuffaloCODY inCedar Rapids.

2006Terri Simmons (MBA) joined the team atBed Bath and Beyond in Clive.

Shari (Kibbie)Blattler (Accounting’79) is assistant vicepresident - controllerfor Cargill.

Charles Sanders(Accounting ’03) isa managementassociate for Hertz

Laurie Rueber(Accounting ’02) isemployed at Ernst &Young.

Shane Gelhaus(Management ’99)works for Sherwin-Williams as anassistant districtcredit manager.

Theresa (Lux)Nordstrom(Management ’95)is a senior humanresource manager atInterstates.

Nathan Stucky(Management ’02)is an associatemanager of storeoperations for Hy-Vee.

23www.cba.uni.edu

Pigskin BusinessDerrick Frost (Economics ’03) is a

punter for the Washington Redskins,wearing number 4. Derrick began hiscareer in 2004 with the ClevelandBrowns before signing with Washingtonlast year. He helped the Redskins to a10-6 record and their first playoff berth

since 1999. The Seattle Seahawks took tight end

number 83, Ryan Hannam (Accounting’02), with them to Super Bowl XL.Ryan was selected by the Seahawks inthe fifth round of the 2002 NFL draftand had been with the team since thattime. This season, he’s playing tight end

for the Dallas Cowboys.Brad Meester (Management ’99),

number 63 for the Jacksonville Jaguars,was a second-round NFL pick in 2000and still plays for the team as a center.He is the only Jaguars player to start thefirst 92 regular-season games after beingdrafted.

AccountingSteve Marlow (Accounting ’78)Audit Partner, Ernst & Young

Steve Marlow has beenwith Ernst & Young since hegraduated from UNI. Steve

oversees audits for large insurancecompanies.

Steve served on our AccountingAdvisory Council and helped theAccounting department in its decision totransition to the necessary 150 hours forqualified accountants. He was alsoinstrumental in the implementation of ourMaster of Accounting program.

In May, Steve became president of theIowa Society of CPAs. In this positionSteve provides counsel to the executivedirector and oversees the organization’sservices to Iowa CPAs.

EconomicsRonald Rolighed(Economics ’89)Managing Director, HarrisAlternatives, LLC

Ron joined Harrisalternatives in 2001. HarrisAlternatives manages

approximately $7 billion across a varietyof absolute return strategies since 1988.

Ron has spent his entire career in thetrading and risk management field. Afterreceiving his MBA from IndianaUniversity in 1992, Ron joined theFederal Reserve Bank of Chicago’sFinancial Markets Unit. While with theFed, Ron was responsible for allsupervision and regulation of larger banks’trading and risk management activities.Ron joined ABN AMRO Inc. in 1997 ashead of risk management for the NorthAmerican investment banking andsecurities business. He joined StaffordTrading in 1998. Ron traded equityderivatives and was COO of the volatilityarbitrage group.

FinanceBrian Boyle (Finance’00)President and CIO,Boyle CapitalManagement

Brian Boyle startedhis career as a

portfolio manager with DeWaay CapitalManagement in West Des Moines.During his tenure, Brian played a key rolein the company’s growth from $20 millionin assets to over $100 million.

Brian founded Boyle Capital in 2004and serves as president and chiefinvestment officer. He also created theproprietary STARS investment system.

Brian graduated from UNI summa cumlaude. He holds a Chartered FinancialAnalyst® designation.

ManagementMark Haisch(Management ’06)Vice President ofOperations, Kum &Go

Mark Haisch hasbeen in retail for 26

years, 18 of which have been with Kum &Go convenience stores. Mark has served asstore manager, district supervisor, vicepresident of marketing, vice president ofoperations, and vice president/treasurer ofChieftain Corporation. He is a three-timerecipient of the Kum & Go Division ofthe Year award and is a graduate of theDale Carnegie course.

Mark returned to UNI to finish hisdegree at age 40, and said he appreciatedthe experience even more than when hewas 20!

MarketingDavid Morton (Marketing ’82)President ofMarketing Services,JW Morton &Associates

David Mortonoversees the account service, strategydevelopment, new business and generaladministrative aspects of JW Morton &Associates, a full-service marketing andcommunications firm in Cedar Rapids.He also serves as creative director on selectaccounts.

David co-founded the firm in 1984.Since that time, JWM has grown from atwo-person agency billing $75,000 its firstyear to a 10-person agency withcapitalized billings of more than $6million in 2005.

MBABarbara Anderson(MBA ’03)Controller, TheWaterloo Courier

Barb Anderson hasbeen with theCourier since 2002.

Prior to joining the company, Barb heldpositions with KPMG Peat Marwick inSt. Paul, Minn., CUNA Mutual LifeInsurance Company in Waverly andAmerican Express Financial Advisors Inc.in Cedar Falls. Barb was recognized as oneof Presstime magazine’s top “20 Under 40”newspaper administrators for 2005.

24

Alumni In Residence

www.cba.uni.edu

Each spring, distinguished alumni return to campus to visit classes, share their businessexpertise with students, and discuss the importance of undergraduate preparation for a

successful career. They also join the department heads in awarding honor certificates to theCollege’s top graduates during the UNIBusiness spring Graduation Celebration.

Do you recognize any of the people who gathered for a post-advisory board picnic? If you’re the first person to correctly identify all ofthe members of the 1970 Accounting Advisory Board and their friends, you’ll receive one of our new UNIBusiness polos.

Contact us with your answer at dianne.cheeseman@uni.edu or 319-273-6978.

25

I Think I Know That Person!

www.cba.uni.edu

Non-Profit OrganizationU.S. Postage

PAIDUNI

College of Business AdministrationUniversity of Northern IowaCedar Falls, IA 50614-0123