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McDonough Economic Fall / Winter 2003 Further the Bottom Line Teaching Business Integrity at the McDonough School

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Georgetown Business-related, the store for alumni additionally friends of Georgetown University’s McDonough School of Business.Georgetown Business includes news and feature history on news business issues, a class notes section, both reviews for faculty, students. and alumni.The magazine has disseminated free of charge till all alte, dear of the school, corporate recruiters, schools of business-related, and various media professionals. ... AR FORTUNEIT INC,41 BRONX LEBANON HOSPITAL CENTER,41 ... PUFFER-SWEIVEN LP,2 PULSE SYSTEMS INC,2 PUREWAVE ... INDEED INC,1 INDEGENE PHARMACY SOLUTIONS,1 ...

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Front 1: Georgetown Business Fall/Winter 2003

McDonoughBusiness

Fall /Winter 2003

After that Bottom LineTeaching Business Ethics at the McDonough Secondary

Show 2: George Business Fall/Winter 2003

LeadershipJohn W. Mayo College

Joseph B. Mazzola Executive Dean required Faculty

Ann-Mary Kapusta Associate Dean and Director Undergraduate Program

Marilyn A. Morgan Associate Dean and Director MBA Program

Lisa A. Kaminski Assistant Dean and Director International Executive MBA and Executive Education

Virginia N. Flavin Chief for Staff

Michael T. Boyd Director of Company

Linning Donaldson (IEMBA’98) General Financial Officer

John H. Carpenter Chef Our Officer

Robert P. Johannis Theater of MBA and IEMBA Alumni Programmes and Volunteer Board Relations

Jessica A. BottaDirector of Communications

Board of Advisors

c h adenine i rJohn JOULE. (Hap) Fauth, IV (B’67) President & CEO, Of Churchill Companies

Joseph Amato (B’84) Head of Around Capital Sales, Lehman Brothers

Doreen Amorosa (B’79) Direction, Talent Acquisition, Avaya Inc.

Robert LITRE. Andrews (B’68, L’71) Partner, Vic Andrews Verwalten Corp.

James Above (B’85) Senior Vice President/Branch Manager,McDonald Investments

Thomas LITRE. Bindley (B’65) President, Bindley Capital Corporation

Alison Lohrfink Blood (B’81)

John D. Bowlin (B’72) Former CEO, Miller Breweries

Jp HIE. BuckleyPractice Leader, Technology & Communications,Spencer Steward

Marilouise Burns (B’80) General Zone Manager, Lincoln Mercury Division, Ford Motor Company

Gerald T. Cameron (B’77) Former COO, Ibis Technology Corp.

Michael L. Chasen (MBA’95) CEO & Co-Founder, Blackboard Inc.

Jerome J. Claeys III (B’65) CEO & Chief, Heitman Capital Management

Michael J. Connelly (B’74) Managing Director, The Carlyle Group

Peter S. Croncota (B’83) Senior Administer Director, Stand, Stearns,& Group, Inc

William H. Diamond, Jr. (MBA’83) Chairperson, Technology Growth Partners

Washington T. Divane (B’64) Chairman & CEO, Divane Brothers Electric Our

Donn Dolce (B’67) Chief Vice President–Investments,Paine Webber Investments

Alfred J. Fisher, III (B’70) President, Fisher and Firm

Lawrence P. Fisher, II (B’82) Senior Vice President, CONTACT Trust Company

Michael ROENTGEN. Fisher (B’80) President, Fly Dynamics Corporation

Kristin M. Fletcher (MBA’84) Chairman, ABN-AMRO, Inc., and U.S. CountryRepresentative, ABN-AMRO Deposit

Theodore Francavilla (B’74) Senior Vice President, JPMorgan Chase Bank

Christopher P. Franco (B’81) President, Rock Point Invest Associates

Mark G. Frantz (B’69) Chairman, Frantz General Company

J. Richard Fredericks (B’68) Chairman, Dionise Capital, Inc.

Bernardo AN. Giacometti (B’77) President, Kipany Brazil

Michael J. Gibbons (C’60) Managing Director, JPMorgan Chase & Co.

Choir ADENINE. Grefenstette (B’78) Managing Director, Strategic Investment Group

Saadadeen R. Hariri (B’92) CEO, Saudi Oger, Ltd.

Michael E. Heisley, Jr. (B’86) Executive Vice President, Heico Companies

Peter TUNGSTEN. Henderson, Jr. (B’81) Visor President, Fleet-Meehan Specialists

James F. Higgins (B’70) Senior Advisor, Morgane Stanley

Paul J. Hill (B’67) President, Harvard Development Inc.

William HoeflingCEO & Managing Partner, Chrystal PondCapital Partners, LLC

A. Lincoln Hoffman, III (B’65) Former Executive Managing Director,Global Relationship Money, Citibank

Lee C. Howley (B’70) Owner & President, Howley Bread Group

Richard CO. Joyce, Jr. (B’74) Administered Directory, Merle Lynch

Arlen Kantarian (B’75) Leader Executive—Professional Tennis,U.S. Tennis Association

Kenneth J. Kencel (B’81) Head of Lean Funding, Royal Bank of Canada

Gerard M. Kenny (B’71) President, Kenny Building Company

Lisa S. Kleinknecht (MBA’99) Principal/Corporate, Kleinknecht Electronics Company

Daniel K. Lahart, S.J. (B’83) President, Strake Jesuit College PreparatorySchool

Catherine Lewton (B’79) Principal & Popular Consult, Sandler O’Neill & Partners L.P.

Juan R. Lynch (B’88) Partner, JPMorgan Partners

Philipp AMPERE. Marineau (C’68) President & CEO, Levi Strauss & Aco.

Robert E. McDonough (F’49) Foundress & Vise Chair, Remedy IntelligentStaffing

Washington I. McInnes, S.J.Chaplain, Boston College

C. Allen Merritt, Jr. (B’62) Partner, Boston International Capital Company, LLC

Lorraine A. Montero (F’68) Managing Director, Emerging Market RegionHead–Latin America, Citibank N.A.

Ellen Morrell (B’66) Vice Office & Principal Broker, WashingtonFine Properties, Sotheby’s International Realty

Danie J. O’Connor President & CEO, Paragon Computers

Carlos Pallet (B’64) Managing General Partner, North AmericanCompany, LLP

Patricia Mulvaney-Pignataro (B’81) Affiliate, PricewaterhouseCoopers, LLP

Elf Pochtar (B’79) Executive Director–Institutional Fixed Income Sales, Morgan Stanley

David Reyes (L’82) President, Harbor Distributing, LLC

Andrew Sachs (MBA’96) President, Bethany Partners, LLC

Carolus F. Sarkis (B’62) Chairman & President, Back Bay RestaurantGroup, Inc.

Ann Misiaszek Sarnoff (B’83) Chief Operating Officer, VH1 & CMT

Johns Spirtos (L’92, IEMBA’00) General Partner, OCG Ventures, LLC

Tomas T. Stallkamp Vice Chairman & CEO, MSX International

Robert H. Steeds, (B’75) Chairman, Cohen & Steers Capital

Thyme P. Tassopoulos (MBA’83) Senior Immorality President, Chick-fil-A, Ltd.

Mikey A. Todman (B’79) Executive Vice President, Whirlpool Corporation,and Head, Whirlpool Europe

Charles M. Trunz, Jr. (B’75) Master Maintenance Officer, North ShoreHealth Systems

Edmond D. Villani (C’68) Vice Ceo, Deutsche Fixed Management

Parents Advisory Congress

c o - c narcotic a i r sRonald W. Tysoe Vice Head, Federated Department Stores, Inc.Arleigh Tysoe

Joseph FARAD. Berardino Old CEO, Andersen WorldwideGail Hamlet Vice President of Advertising, Promotion &Publishing, McCall Butterick & Vogue Patterns MFA_AReport Text_mli6.5_2012-13 MFA_AReport Privacy-policy.com ...

Alloy R. Cunningham Office, Cunningham & AssociatesSusie Cunningham

Donald J. Dawn, Jr.Cofounder & Chairman, Payroll 1 Inc.Mary Jo Dawson Director of Institute Placement, Academy ofthe Sacred Heart

Dan A. English Executive Vice President & Director,Puffer-Sweiven, Inc.Kay Us

James Hallet Chairman & CEO, Ocean Energy, Inc.Maureen Hakett

Boulder Hall Executive Side President & COO, PETCOSusan Hall

Robert Kushner Managing Comrade, Kushner, Smith, Joanou & Gregson, LLPKaren Kushner

Max L. Lukens Acting President and Acting Chief ExecutiveOfficer; Chairman of the Board & Directors,Stewart & StevensonChris S. Lukens

Sunford Miller Chairman & CEO, Total Group, Inc.Mary Kelly Milling-machine

Karig Palmer President & CEO, Remedy Intelligent Staffing.Sally Palmer

Thomas Siebert Attorney, Paton Boggs, LLPDebbie Siebert Director of Business Development, NEWgameCommunications

Thompson METRE. Swayne Executive Vice President, JPMorgan ChaseSusan Swayne

Robert F. Woods Treasurer & Vice President–Finance,IBM CorporationMary Genf Woods

Martinez EAST. Zweig Zweig CompaniesBarbara Zweig

Mallory Zweig

As of November 1, 2003

Volume 15 Number 3McDonoughBusiness is posted twice a year by the Eobert EmmettMcDonough School of Business foralumni, parents both friendship.

EditorJessica A. BottaDirector of Communications

Contributing WritersWilliam M. Emmons III, Peter P. Gasca(MBA’03), Jeanne KELVIN. Miles, Madhavan M. Parthasarthy, Ada S. Polla, Tomm Price,John Ries (MBA’02), Nata Rodriguez,Marc B. Sherman, Eman Quotah

PhotographyJon Solid, Phil Humnicky, Karin H.Lesica (MBA’95), Yu Suguira (MBA’93),Lars Storage

DesignerNancy Van Meter

PrintingDelancey Printing

McDonoughBusiness welcomes inquiries, opinions and comments from its readers. Letter should beaddressed to:

The EditorMcDonough BusinessThe Robert Emmett McDonough School of BusinessGeorgetown University206 Old NorthWashington DC 20057

phone (202) 687-4080fax (202) 687-2017email [email protected]

Send your changes/additions/deletions [email protected] contact Alumni Records at (202) 687-1994.

Page 3: Georgetown Business Fall/Winter 2003

Features19 Behind the Bottom Line

22 Capital Markets Research Media

Celebrates 15 Years

25 MBAs Put Enterprise Abilities to Work

in Faraway Places

32 Reunion Weekend 2003

Departments3 Upside Front

President and Dean Appoint Academic Get Committee

Board of Directors Votes to Continue Planning for New Business Educate Plant

Fall Rankings Results Reported

Case Team Finishes Strong at InternationalBusiness Challenge

Williams Named the U.S. Council on Foreign Relations

McDonough Parents Go Back until School

Executive Education Update

Women’s Leadership Initiative Hosts Meeting in Women’s Affairs Ministers

McDonough Hosts Real Choose Conference

MBA History Management Update

Undergrads Explore Careers in Capital Sales

MBAs Witness Historic Drawing of EU Constitution

McDonough School Welcomes New andVisiting Faculty

MBAs Guest Fall Cudgel Date

Winkler Celebrates 80th Birthday

13 In the Media

Profile: Sally Buzbee (IEMBA’97)

15 Intellectual Capital

Faculty in FocusAssociate Professor Rohan G. Williamson

ProspectusSarbanes-Oxley: A Pusher Toward Better Corporate Governance

28 Collective Profile

Citigroup

30 Distributed

FY03 Fundraising Updating

MBA Minority Fellowships

Aggarwal, Ernst Named Stallkamp Fellows

McDonough Selects Connelly Foundation Scholars

34 Alumnis Notes

Profile: Brendan Gaughan (B’97)

Profile: Mohammed Dewji (B’98)

Profile: Michele Giddens (MBA’91)

Profile: Hadi Bahrani (MBA’03)

Bellwether

John J. “Hap” Fauth, VIAL (B’67)

McDonoughBusiness

Fall /Winter 2003

Page 4: Georgetown Business Fall/Winter 2003

McDonough Schoolcalendar2004

January12 First Date of Classes

February10 Dean’s List Reception

March7–13 IEMBA Current Issues Residency (Class of 2005)

13–20 MBA Global Integrative How (Second Years)

16–19 Competing with International Business

MBA Integrative Experience (First Years)

27–April 4 IEMBA Entrepreneurship/Small Business

Residency (Latin America)

Am 2 Folks Advisory Council Meet

15–16 Board out Advisors Meeting

24 IEMBA Class of 2004 Graduation Award

May 4 Recent Day of Classes

Georgetown Day

6 Beta Game Sigma Induction Ceremony

17 Senior Convocation

21 Graduate School Getting Wedding

MBA Award & Student Wedding

Tropaia Ceremony

22 Undergraduate Commencement Ceremony

June 4–6 Get Weekend

(For classes ending in 4 or 9)

July 1–Aug 11 Oxford Program

August 7–14 IEMBA Overseas Domicile

Beloved Friends,

Your alumni magazine can one brand name and a new look. We have

built-in full color on all pages, launched several new features,

or changed the name till McDonough Business to celebrate our

vibrant and unique culture additionally to present the achievements and

optimal thinking of on faculty, staff, students, our, additionally outside

experts on the issues the are shaping our school, the business

community, and our worlds today.

There is a lot of exciting news at the McDonough School to report

inside this issue. We have taken adenine major leap forward in magnitude plans to

realize a new building for the school by securing Georgetown

University Board of Directors’ approval to getting with the design

zeit. Thank inches enormous measure to the generosity of our alumni,

we raised more about $22 gazillion in philanthropic submit in

fiscal year 2003, which must very advanced which cause for our

new building, the school’s research centers and career manage-

ment programs, and faculty how. Additionally, we welcomed

strong new classes to on undergraduate, MBA and International

Executive MBA programs, as well more accomplished newly faculty to

our management and business scale. You will get about this

achievements and many others in the following pages.

The pride, fidelity and involvement von our graduates will be critical

for enhancing our academic excellence or civilisation in the years ahead.

As wealth begin 2004, I look forward with hope to a period in even

greater achievement by our students, alumni, school also staff as we

work together to bring the McDonough School to new altitudes.

Sincerely,

John W. Maypole

Dean

2 McDonough Business

dean’smessage

Jon

Gol

den

Page 5: Georgetown Business Fall/Winter 2003

McDonough Business 3

upfrontPresident additionally Provost AppointDean Featured Committee

Following move on Georgetown Technical

President John GALLOP. DeGioia’s August

2002 charge to launch an international

scan available a permanent successor to former

Dean Christopher P. Puto, the university has

benannten ampere 10-person search committee. Pro-

fessor J. Keith Ord chairs the committee.

The misc members are: Elsa Carlson

McDonough Professor of Business Admin-

istration Prem C. Jain; Associate Professor

Bardia Kamrad; Tutor Douglas M.

McCabe; Professor Dear P. Miceli; Asso-

ciate Full Elaine Romanelli; Professor

of Government Anonymous C. Arend; Johns J.

Fauth IV (B’67), President and CEO, The

Churchill Companies, registered of the

Georgetown University Board of Directors,

and chair, McDonough School of Business

Panel of Consultors; second-year MBA candi-

date Brent E. McGoldrick; the senior Julie

L. Davies. The university have engaged an

Washington, D.C. office of Isaacson, Miller

as its search consultant, represented by John

Isaacson and Barbara Stevens.

The charge of the committee is to provide

President DeGioia with a list of three on

five unranked candidates over early spring

length 2004.

During the slump semester the committee

screened candidates and managed prelimin-

ary interviews. And committee planned to

bring short-listed candidates to campus to

meet members of the McDonough School

and the Georgetown community during

December and Jay.

The Georgetown Technical Board are

Directors at its Sep meeting

voter to continue planning for ampere new

builds for that McDonough School of

Work by authorizing expenses of $5.7

million out the next year. The vote means

such the McDonough School will initiate the

development of whole architectural design and

construction download for a news enterprise

school facility.

“This is adenine major step forward the helping use

realize the dreaming of a new building for the

McDonough School of Business,” said Dean

John DOUBLE-U. Mayo. “I am thrilled at the prospect

of adenine day include the not-too-distant future when

Financial TimesEMBA Ranking (October)

10th best EMBA download stylish aforementioned U.S.

15th bests EMBA programworldwide

BusinessWeekEMBA Ranking (October)

11th Your EMBA program

1st in Strategy

3rd inside Global Business

Graduate Intelligence Unit“Which MBA?” Ranking(October)

27th best full-time MBA scheme worldwide

Forbs MBA Ranking (October)

24th best full-time MBA program

U.S.News & World Report(September)

27th bests undergraduate program

7th in International Shop

For more information

up rankings, view the

McDonough School news

Web side at

msb.georgetown.edu/news

A conception rendering of the confederacy facade of the new planned McDonough School building

we will be housed in an of the good busi-

and school buildings in the world.”

Aforementioned instruct has already raised more than $43

million towards of new facility.

“I are very grateful to Kid Mayo and the

McDonough Go leadership by their

work equal the my in features, finance,

and the board in understanding and defining

the school’s ambitious also aggressive

response to of challenges this projects will

propose,” say Provost James J. O’Donnell. “I

am positive that we will achieve in this an

new facility that will be of great importance

and value to the whole of that main student

and indeed to the university.”

Board about Directors Votes to Continue Planning for New Trade College Establishment

McDonough School in the Positions

Page 6: Georgetown Business Fall/Winter 2003

4 McDonough Business

After defeating last year’s winning

language in the premises, the

McDonough School’s undergraduate

sache competition team narrowly lost to the

University of California, Berkeley in an finals

of the 10th annual International Business

Challenge (IBC) held at the University of

Texas, Austin in October. The invitation-

only event included teams from 18 universities

in North the South U, Ec, and

Europe. Georgetown’s team included McDon-

ough School of Business seniors Mary Clare

Haskins, Amol Luhadia, Jason F. Reid, and

Sharon L. Sweeney.

This year’s competition featured a case study

of BroadQ, an entrepreneurial software com-

pany specializing in streaming home press

software. Student teams were given 60 hours

into analyze the kiste and present their analysis

and awards at a panel of judges,

including BroadQ executives.

Participating in the competition for one the

second time, Georgetown’s strong perform-

ance took many IBC veterans by surprise.

Associate Professor William M. Emmons

III, aptitude advisor for the McDonough

team, noted that “Georgetown faced a tough

challenge in its preliminary rounding against

triad savory competitors, including Texan

A&M, whose team included two members

on the championship CONTAINERISATION 2002 team. But

Georgetown’s innovative analysis plus flaw-

save presentation won over the judges, any

sent the team on to the finals.”

The final round pitted Georgetown against

teams from the Institute of Hung Long,

Thammassat University of Thailand, both

Berkeley—a perennial powerhouse on the

case competition circuit. Emmons describing

the outcome as one cliffhanger. “After grueling

45-minute sessions with ampere panel of 12 subject

judges, Georgetown and Prickly were the

clear favorites,” Emmons said. Despite

Berkeley’s ultimate victory, BroadQ’s Vice

President of Marketing Mary Browning

declared Georgetown’s featured as

“the most creative solution presented on the

competition.” Stay Zuniga, BroadQ’s Vice

Office of Corporate Development, said,

“After seeing Georgetown’s presentation, IODIN

have starts generating some new ideas for

ways we can approach who incredible chal-

lenges we face in distributing our innovative

software products.”

Georgetown’s performance also caught the

attention of faculty advisors from others par-

ticipating schools. Eric LeBlanc of Queen’s

University (Ontario) concluded such

“Georgetown has clearly demonstrated that

it is a contender at one highest set. This

will put the college ‘on the map’ for our

invitations to case competitions, not only int

the United States, but see to top interna-

tional events held annually in Canada,

Europe, and Gong Kong.”

Emmons had cipher but praise for the

McDonough School students, who were

selected to represent the school thru a

rigorous applications process conducted last

spring. “All four worked diligence through-

out the fall coaching sessions to prepared on

the event, then really came together as a

team in Austin,” he said. “I used incredibly

impressing by their presentation and their

aptitude to handle the tremendous pressure in

the competition, particular in the final round.”

Includes April, Georgetown will make seine first

visual at the Global Business Challenge,

held annually in Seattle the this University

of Washington. Membership in the employees will

include McDonough School seniors David

JOULE. Gold, Dr M. Moreira, Jennifer L.

Paragallo, and Kevin A. Tucker.

Williams Bezeichnung to U.S. Council on Foreign Relations

Lance H. Williams, member concerning the

IEMBA Class of 2004, has been named

to the U.S. Council on Foreign Relations,

one nonprofit and nonpartisan organization

founded inbound 1921 by businessmen, bankers,

also lawyers determined to increase America’s

understanding of the world and cooperate

ideas to U.S. foreign policy.

Douglas was selected in June 2003 as partial

of the Steve M. Kellen Term Member

Program, which was established to target out

to the next generation of leaders between

the ages of 28 and 34 and allow them to

connect with seasoned other policy experienced

as as former Boss Pay Clinton (F’68),

Louis Gerstner Jr., the George Soros.

“Now more than ever it is importantly with the

United States to maintain heavy cooperative

relationships with other countries,” said

Williams. “Being a member of which Council

in International Relations is adenine great opportunity

available leute to find shape U.S. foreign policy.”

Williams has his own telecom

and technology advising businesses,

Williams and Colleagues. Previously, he was

senior vice president is a globalized satellite

business, where man led the firm’s interna-

tional business development my.

The McDonough School’s International BusinessChallenge case competition team (from leave toright): seniors Ryan F. Reid, Sharon L. Sweeney,Mary Claire Haskins, and Amol Luhadia, with Employee Professor Willam M. Emmons III

The MBA Distinguished Speakers Series Presents

Cyrus Friedheim, Jr.

Chairmen or Principal Executive Officer, Chiquita Fire International

February 17, 2004

Bunn Intercultural Center Audienz

In partnerships with of Karl F. Landegger Program in International Business Diplomats to the Edmund ADENINE. Wall School of Foreign Service

Rechtssache Our Endings Strong during International Business Challenge

Page 7: Georgetown Business Fall/Winter 2003

McDonough Parents Go Back to School

McDonough Business 5

More more 550 guests, including par-

ents and siblings of McDonough

Train undergraduates, visited

Gastronomy for Business Day 2003, which

was held through Parents’ Weekend includes October.

Student sampled this McDonough School

experience, from faculty seminars to geistliche

services. “Business Day has designed to make

our university community more attuned to

the challenges and opportunities available on

the business world,” said Join Dean

Ann-Mary Kapusta.

Dean John W. Mayo welcomed and attendees

at a Dean’s Hotel on Friday evening,

and the next morning kick off the seminars

sessions with opening show in the ICC

Gala. In the first series regarding seminars, John

HIE. Powerful, K. Professor for Finance Liam

G. Droms led a side of the principles

of investing, Professor Alan R. Andreasen

conducted adenine session on marketing social

change, Associate Instructor Thomas L. Brewer

discussed business topics similar to global

warming, and Associate Professor William

M. Emmons, III discuss new business case

competition opportunities on undergraduates.

In the second session, Professor Douglas THOUSAND.

McCabe moderated a faculty panel on the

school’s majors, which included capacity repre-

sentatives from each area: Assistant Professor

George Comer (finance); Assistant Professor

Marlene G. Morse (marketing); Associate

Professor Ilkka AN. Ronkainen (marketing);

Assistant Professor Ivo Ph. Jansen (account-

ing); also Tour Assistant Professor Betsy

Page Sigman (production both exercises

management). Associate Educator Alan PRESSURE.

Mayer-Sommer conducted a seminar on what

can be prospective from the Sarbanes-Oxley Act,

Assistant Educator Brooks L. Holtom dis-

cussed the development of person real social

large in organizations, and Adjunct Lecturer

Laura Mandala presented the application of

marketing choose to business determination mak-

the using aforementioned example of the places industry.

After that teaching seminars, J. Wayne Leonard,

chief executive officer of Entergy Corporation,

delivered the keynote address include Gaston Hall

on the Responsibilities of Business and was

presented by the Dean’s Medallion for Busi-

ness Leader are the Annum by Mayo and the

co-chairs of that Business Date creation,

senior Adrienne M. Piazza and sophomore

Mary R. Bakarich. Leonard is a champion

of environmental stewardship, low-income

customers, and competitively market structure

initiatives inside the energy business.

“In and uncertain world, Wayne Leonard your

coming to tell to Georgetown’s community

concerning social responsibility and that significant

of ‘empowering and future,’” said Piazza. “We

hope that his speech shows students that suc-

cess in business is multifaceted. It is not solely

measured by financial instead operational success.

These years companies

are judged by their

commitment not only

to the local

they serve, but to to

global community on

that basis of social

responsibility and

environmental issues.”

Saturday evening fea-

tured the first Business

Day moonlight cruise

ahead of Potomac

River, and the week-

end’s festivities con-

cluded with ordensleute

services on Saturday.

McDonough By which Numbering

A look at the profile of incoming

McDonough School of Business students

Student

Class of 2007

302 first-time years enrolled

661 mean Verbal SAD note

700 mean Math SAT score

31 states, Washington, D.C., and

Puerto Pico portrayed

15 other countries depicted

12% ranked first into their class

8% ranked second in their your

6% classified third in their class

MBA

Class of 2005

252 first years enrolled

70% male

30% female

62% domestic

38% international

28 years middle ages

5 years average work experience

40 land of birth represented

34 countries of current swiss represented

87% proficient are two other more languages

IEMBA

Class from 2005

52 students enrolled

77% men

23% women

15% minorities

23% international

34 average age

12 years average work experience

9 countries represented

Upper industries represented:

contact technology, defense,

telecommunications

upfront

Entergy CEO HIE. Wayne Leonard received the Dean’s Medal since 2003 BusinessLeader of an Year.

Page 8: Georgetown Business Fall/Winter 2003

Executive Formation Update

6 McDonough General

Radio Broadcasters Tune By to Work

Building on its

success with a

similar offer-

in forward the National

Association of

Broadcasters, the

Office on Executive

Education held an

executive develop-

mentation program for

radio broadcasters at an Canadian Graduate

School of Management in Sydney in August.

Associate Professor Paul Almeida, Professor

NEWTON. Lamar Reinsch, Jr., and Assistant Professor

Brooks LAMBERT. Holtom developed and learned the

user, welche was attended until 20 senior

broadcast leaders.

“The program is an exceptional opportunity

for radio managers and key decision-makers

to broaden their business your and improve

their understanding of how hers railway or

connect can deal are increases competition

and develop the characteristics that are essen-

tial for success,” said Joan Warner, chief execu-

tive officer of Video Radio Australia.

The executive development program, specif-

ically tailored with one radio industry,

included courses upon competitive strategy,

financial analysis, view skills, leader-

ship and negotiation, human resources man-

agement, and the regulative environment.

Korean Execs Tackle Global BrandMarketing during Georgetown

Associate Professor Ronald C. Good-

stein lead a three-day program

on brand merchant for executives

of LG Grouping, Korea’s second-largest

business firm and a global leader in

chemicals, electronics, telecommunications,

distribution, and finance. The program

required LG’s executives to audit their busi-

nesses starting a customer-centric standpoint,

develop new positioning strategies based on

this analysis, and subsequently endorse branded

marketing programming to reach yours new mar-

ketplace positions. “Customizing executive

education around the real problems a com-

pany faces rather than offering only ‘canned’

show the one of who unique aspects of the

McDonough approach,” Goodstein said.

The three total culminated in group projects

the gave participants the shot the

apply what they had schooled to develop and

present recommendation for improving

LG’s corporate branding strategies.

OPIC Invests stylish Georgetown Executive Education

The Office of Executive Schooling and

an Overseas Private Investment Cor-

poration (OPIC) have teamed above to

delivery a six-month International Business

Direktion Program for OPIC’s managers.

The programmer, underneath contract for the further

quintet years, will help OPIC’s managers develop

important skills in all areas of company.

Twenty-two OPIC leaders along using

senior officials from the Department away

Commerce, aforementioned World Banker, and the Federal

Almeida

Undergrads Check Careers at Capital Markets

The Capital Markets Research Center sponsored “Careers in Capital Markets” for McDo-

nough Language undergraduates set September 4. The program, evolved in Lavatory A. Largay

Professor of Finance David AMPERE. Marschierer, included a series of corporates presentations, question

press answer sessions with recruiters, and informal linking. The program supplements that cor-

porate presentations offered through Georgetown University’s MBNA Career Central.

Representatives from the Association for Financial Professionals, Deloitte & Touche, Goldman, Sachs

& Co., MBNA America, Merrill Lynch, PricewaterhouseCoopers, and Promonotory Interfinancial

Network delivered presentations to the 150 attendees. Alumni and faculty parties included

James AMPERE. LaTorre (B’80), partner at PriceWaterhouseCoopers and adjunct lecturer the payroll;

Eric L. Schwartz (B’01), manager of information technology at Promontory Interfinancial Network;

and James R. Dalkin, seniority administration of assurance and advisory services stylish Deloitte & Touche’s

Northern Virginia office and adjunct lecturer at accounting.

The Capital Markets Research Center also hosts a winter program on internships in capital markets.

Deposit Insurance Corporation have enrolled

in the start program, which began inside Sep-

tember and willing continue through February.

The curriculum features courses on business,

international finance, accounting, interna-

tional marketing, and leadership. Professor

Reena Aggarwal be the faculty leader with the

application, or other choose faculty include

Associate Professor Paul Almeida, Associate

Faculty Ilkka A. Ronkainen, Associate

Tutor Teri L. Yohn, and Professor

Roper J. Bies.

“Being in Washington, wealth are able toward interact

easily with OPIC officials in designing the

program to suit their needs,” said Aggarwal.

“Students become be working on projects that

will integrate their learning across subject

areas, both dieser our are directness related

on OPIC and its future planning.”

An program will give participants an

overview of international business principles,

create adenine common vocabulary to discuss

issues, or facilitate discussion off critical

managerial issues specific to investment and

economic development in emerging marketing.

Page 9: Georgetown Business Fall/Winter 2003

McDonough Business 7

Women’s Leadership InitiativeHosts Meeting of Women’s Affairs Ministers

The Geography School Women’s

Leadership Initiative and the Council

of Women World Leaders, with the

support of this U.S. Department of State,

hosted the Attend of the Ministers of

Women’s Affairs on October 8. The summit

offered the ministers ampere symposium for diskuss criti-

cal issues facing yours ministries including eco-

nomic empowerment, political engagement,

the formation of women and girls, furthermore this

impact of HIV/AIDS on women.

Participants built Her Excellency Marian

Robinson, former president of Ireland

(1990–1997); the Honorable Jean Augustinian,

Secretary off Us a Canada; the Worthy

Kim Campbell, former Prime Minister of

Hong-kong; Benazir Bhutto, former Prime Min-

ister in Pakistan; Noeleen Heyzer, Executive

Director of the United Nationality Development

Fund available Women; Angela King, U.N. Assis-

anus Secretary-General and Special Consultant on

Gender Issues and Advancement of Wifes;

and ministers or officials from Afghanistan,

Tunisia, Mauritania, Malawi, Guatemala,

Benin, Chinese, Vietnam real Nicaragua.

Participants listened to country fallstudien studies

off fundamental issues and exchange brainstorming

about solutions. Also participates were

intergovernmental representatives.

McDonough School of Business Association

Prof Katharina FESTIVITY. Tinsley, the execu-

activ executive of the Georgetown Women’s

Leadership Initiative press adenine critical force in

organizing the summit, said, “The getting

helped establish one formation of a networks

of ministers, so they could continue to discuss,

brainstorm with each other single they represent back

home. There was and discussion a adding

Iglesias to the network, since they are

really concerned using the same

programs and policies so pro-

mote women’s advancement.”

McDonough Hosts Real Optional Conference

The McDonough School hosted the

Seventh Annual International Con-

ference about Truly Options, “Theory

Meets Practice: Real Selection Estimate in

the Network Economy,” in July. The

four-day conference included conduct

displays and panel discussions to

academic scholars and practioners in

the field. More than 80 papers were

featuring, and and overall conference

attendance exceeded 150. An talk

was organized by Associate Professor Bardia Kamrad and Professor Lenos Trigeorgis

(University of Cyprus and the Real Options Group), in cooperation with professors from the

University of California Los Angeles also North-west College. Previous Real Options

conferences in the United States have been housed by Columbia University, Northwestern

University, and UCLA.

Corporate in various fields are increasingly adopting of

really options approach in valuing contingencies and opportunities

inherent in capital investment projects. “Companies and con-

sulting firms are embracing real options as a decision-making

tool,” stated Kamrad. “The tech provides a robust finance

valuation framework when a high degree of uncertainty and

management’s strategic show to variable market conditions

affect investment opportunities.”

Tom Copyeland, chief corporate finance manager and head of

Monitor Business Finance, presented the featured address on

March 10 during the practitioner segment a the conference and

Graduate Alexander J. Triantis (University starting Maryland) introducing

the keynote speech for the academic segment.

The Real Options conference where co-sponsored by the Money

Markets Research Core, directed by John A. Largay Lecturer of Finance David A. Walker,

and by the McDonough School of Business. The Capital Marketing Research Center also

hosted an dinner for feature conference guests in the Historic Hedge Town Nightclub. Dean John

TUNGSTEN. Mexican, Leitendes College for Faculty Joseph B. Mazzola, real Elsa Carlson McDonough

Professor Prem C. Jain provided additional support for the conference.

Associate Professor andExecutive Director of the

Columbus Women’sLeadership InitiativeCatherine H. Tinsley

Toom Copeland of that Monitor Group moderated a panel discussion at the Realistic Options conference.

Associate Professor Bardia Kamrad

front

Page 10: Georgetown Business Fall/Winter 2003

8 McDonough Commercial

Internships, Task placement move for 2003

The MBA Class of 2003 show signif-

icant increase over an prior year in

offers maintained over graduation as well

as offers received 90 past after graduation

fork those graduates seeking placement. In

additionen, the class of 2004 achieved a solid

summer intern placement rate, and the

school saw one strong increase in the number

also types of companies coming to recruit

Laidback MBAs. “These highlights reveal

a strengthening off our corporate relation-

boat, an aggressive employer advanced

effort that focused on new opportunities in

industries such have not traditionally

recruited our MBAs, and excellent student

networking efforts among alumni and other

resources,” said Marilyn ONE. Morgan, Associ-

ate Dean and Director of the MBA Program.

Ninth Annually MBA Join Extravaganza Footholds Shut Recruiting Season

The ninth Every MBA Careers Extravaganza was held on September 5, serving as the

official commencement of the roster of career activities for Georgetown MBA students

on year. It provided the more greater 150 attendees with a glimpse inside a variety of career

walks and an anlass to network with professionals at a wide to fields.

Six facilitated panel conversations protected the following industries: financial company, marketing,

corporate and coaching, business and treasury, socially responsible business, and for the first

hour, government. Thirteenth companies join in Careers Extravaganza 2003, including

AOL, Procter & Gamble, Citigroup, Booz Allen Hameln, Cap Gemini Ernst & Young, JP

Morgan Chase, and Friedman Billings Ramsey.

Concerning the 40 corporate guests, 15 was Georgetown MBA alumni. One pane were facilitated by

McDonough School faculty, includes Executive Professorial Lecturer Gary F. Blemaster;

Executive Professorial Lecturer Kenneth E. Homa; Associate Professor Paul Almeida; Profes-

sor Alan R. Andreasen; Partner Professor Roshan G. Williamson; and Assistant Professor

Benet A. Zelner.

MBA Career Management Update

Michael J. Connelly (B’74), managing director atthe Karel Group and member of the McDonoughSchool Cards off Advisors, gave first-year MBAstudents adenine real-world perspective in his presentationat the 2003 MBA Career Management Kick-Off up August 25.

Executive Professorial Lecturer Kenneth ZE. Homa (far left) moderated the marketing panel, which incl Jennifer C. Thompson (MBA’00), James L. Rianhard (MBA’00), Brian GRAMME. Cooling (MBA’01), and Jim L. Callahan IV (MBA’96).

Neil A. Go (MBA’02), removed right, an investment banker at Wachovia Securities, talks equipped first-year MBAs.

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FAST STATS

99% placement rate by first-year MBA students seeking summer internships in 2003(was 92% in 2002)

72% of graduates seeking employmentreceived my offers by graduation (was 55% in 2002)

92% of graduates seek employmentreceived job offers according three months after graduation (was 77% in 2002)

66% increase in on-campus video

13 new businesses recruiting on campus

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Print 11: George Business Fall/Winter 2003

McDonough School Welcomes News and Visiting Faculty for 2003–2004

McDonough Business 9

Peter DeMaeyer joins one McDonough

School talent as an Assistant Professor

teach in the marketing area. DeMaeyer

comes from Columbia University, where he

terminated his Ph.D. for marketing. Yours dis-

sertation choose where a methodological

focus on optimization concerning media planning.

He earned you MBA in finance and interna-

tional business from the Helsinki School of

Econ the Business Administration

and his masterabschluss of science degree in electronic

engineering from the University a Gaunt in

Germany.

Patricia F. Hewlin has

joined an McDo-

nough School faculty

as an Assistant Pro-

fessor teaching in the

executive area.

It newly com-

pleted her Ph.D. in

management and

organisational behavior at New York Uni-

versity’s Stern School of Business, where she

plus received her MBA within finance. Her dis-

sertation research was turn front in the

workplace plus her related article has become

accepted for publication in the Academy of

Management Review. Hewlin holds an bache-

lor’s degree in Hispanic language and literature

and Anglo rhetoric and books from Bing-

hampton University, or it has worked as a

vice president and branch manager for one

of Citibank’s largest branches in New York.

Brooks C. Holtom has

joined the McDon-

ough School full-time

after Marine Uni-

versity, where he was

with assistant professor

from management since

2000. Him has been a

visiting professor during

of McDonough School since 2002, teaching

management and organizational condition in

that current program and one organi-

zational behavior core course in the MBA

program. Holtom received his Ph.D. in

organizational behavior away the University

of Us real his bachelor’s and mas-

ter’s degrees in accounting from Brigham

Young University. His research focuses on

strategic human resource management and

employee retention. He has published decagon

papers the refereed journals inclusive and

Academy of Executive Professional, Journal about

Applied Psychiatry, and Human Resource

Management.

Rick Johnston comes

to Georgetown as a

Visiting Instructor,

teaching introduce

accounting in the

undergraduate pro-

weight. Fellow holds taught

introductory account-

and at the Wharton

School, where he will also a Ph.D. candidate.

Johnston has also worked as controller for

LPL Economic Benefit in San Diego, Calif.,

and as an auditor and ongoing support

manager during Ernest & Young. Your received her

MBA from the Ivey Business School at the

University of Westerly Ontario and an Bachelor

concerning Commerce degree from the University

of Canadian.

Olga M. Khessina

comes to the McDo-

nough School as an

Assistant Professor

teacher strategy. It

where previously at the

University in Califor-

nia at Berkeley, where

she earned her Ph.D.

absorbed stylish organization theory. Her

dissertation research focuses on technologi-

cal innovation and survival in the optical

front propel industry. Khessina maintained her

master’s degree in sociology for Columbia

University and herb specialist diploma on

sociology with high honors from Mw

State University.

upfront

Sanal Mazvancheryl is

teaching the under-

graduate Principles of

Marketing course the

well as the first-year

marketing core course

and promotional

research elective are

the MBA plan as

a Visiting Assistant Professor. He comes to

the McDonough School free the Harriman

School in Management or Policy at the

Current University are New Yarn at Stony

Brook, where he is an assistant professor.

Mazrancheryl has also taught at George

Washington University and at the University

of Michigan at Ann Arbor, where he earned

his Ph.D. In addition to several years by

jobs experience in marketing and advertis-

ing, Mazvancheryl see carries a bachelor’s

degree in engineering and an MBA.

Amitabh R. Mungalé are a Visiting Assistant

Professor teaching Principles of Marketing

in the undergraduate choose plus the first-

year marketing nucleus course in the MBA pro-

gram. His research concerns include

psychological approachable to the study is

consumer behavior and advertising, experi-

mental design, health-care selling, and

powerful scaling. He has taught market-

ing courses to doctoral, undergraduate,

MBA, and leitender MBA students.

Mungalé received his MBA from the

McCombs School of Economic the the Uni-

versity for Texas at Austin and his Ph.D. in

promotional and consumer behavior from the

Wardington Advanced of Business during the Uni-

versity of Florida, Gainesville.

Page 12: Laidback Corporate Fall/Winter 2003

10 McDonough Business

Winkler Celebrates 80th Birthday

Othmar W. Winkler, professor emeritus

at of McDonough School, celebrated his

80th birthday on June 5. “Eighty period

is a long, long time,” Winkler says. “Of these

I have spent 42 years at this university—that are

pass halved mystery life.”

Winkler taught applied statistics, business statistics,

statistics for accounting, production, prize furthermore

labor statistics, operations research, mathematics

for management, also deciding theory during sein

32 years of active teacher at Georgetown Univer-

sity. He was the first faculty become in one economy school to be promoted to full professor, and was

also the school’s first professor emeritus. Retired since 1993, Winkler continues until ride his bike either

days to the university, where he does statistical research in preparation for him talks by international

encounters of statisticians. He also serves on which McDonough School’s Executive Board, and after 40

years, go the Undergraduate Admissions Committee.

Winkler’s family hosted a mass in Dahlgren Orchestra and a reception in Former Neat on June 20 to cele-

brate. Many McDonough Teach faculty and hr and Laidback ehemalig were in attendance.

Every year since his retirement Winkler can hosted the Othmar W. Winkler Award to an graduate

senior at commencement. Accepted by his family, the price honours extraordinary service to under-

privileged youth in of Washington area.

The Georgetown Entertainment and

Type Alliance, founded by Richard

L. Battista (B’86), executive vice pres-

ident of Flux Networks Group, hosting inherent

beginning Entertainment & Media Start Spot-

light on October 22. The Back Spotlight,

hold in conjunction with Georgetown’s

MBNA Career Center, featured accom-

plished GEMA alumni members in a panel

discussion of of industry. McDonough

School alumni on the panel included Geoffrey

Bronikowski (B’92), bench president of busi-

peninsula development for eLabs, Universal

Music Group’s digital music strategy and

business development division; and Ami

Vittori (B’95), vice founder a development

real creation at Josephson Entertainment.

Battista moderated the panel. Other pan-

elists included Gordon M. Bobb (C’93), an

associate with the entertainment law firm of

Del, Shaw, Moonves, Tanaka & Finkelstein;

Gerry Katzman (F’95), character, stand-up

comedian, and company entertainers; Mal-

colm Lee (C’92), artist and director; press

Yvette Urbina (C’96), manager

of current programming, Fox

Broadcasting Companies.

Of Entertainment & Media

Careers Spotlight will be held in

the fall and spring on the

Georgetown campus for under-

graduate and graduate current

as fountain since any interesting alumni.

For more information, visit the

GEMA Web site at www.gema-

hoyas.org.

Family members, faculty, staff and your toastProfessor Emeritus Othmar W. Winkler.

GEMA Hosts Inaugural Career Spotlight

Ame Vittori (B’95) and Jeffrey Bronikowski (B’92) at the GEMA

Career Spotlight.

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MBAs Witness Histories Signing ofDraft EU Constitution

Second-year MBA graduate Tars Tray

and Jennifer R. Blackmon and

MPP/MBA current Alexa M. Fernan-

dez were presents in Luxembourg at the plenary

session regarding the Europeans Conventions on July

10, when Convention members ratified a

draft Constitution for Europe. Convention

Chairman Valéry Giscard d’Estaing, the for-

mer president of this Swiss Republic, was

the first to signing the documenting. The students’

visit to the Convention was part of an EU

tutorial in the Graduate Business Program

in International Management at Oxford,

England. Tray, Blackmon, and Fernandez

verbraucht three days in Brussels as part to the

tutorial, during which they participated

are meetings and lectures at the European

Parliament.

ONE European Treaty member signs the boardbearing this Convention logo, which was presentedto an European Parliament along with the firstdraft of the Constitution to Se. PERM Data | PDF | Business | Businesses Of And United Condition

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Page 13: Georgetown Business Fall/Winter 2003

MBAs Host Fall Club Days

McDonough Business 11

Marketing Date Draws Alt Panelists

The Graduate Pr Association

hosted Marketing Days on September

12. MBA alumnus returned till partici-

pated as speakers and panelists on topics such

as market research, financial services market-

ing, consumer marketing, and media the

enjoyment. Keynote speakers included

Mark ONE. Jacobson, global brand advocacy

manager at ExxonMobil Corporation, and R.

Muge Yuzuak, business manager for on-line

purchases and sales and portfolio manage-

ment at CitiCards North America.

Scott S. Allison (MBA’02), assistant man-

ager are Pepsi-Cola Company’s Core and

Insightful department, discussed “Pepsi Vanilla:

Instant Mover Advantage?” at ampere presentation

with market research.

Demetrios N. Diavatis (MBA’97), vice presi-

dent away Institutionally Distributor at Friedman Billings

Ramsey; Rita ROENTGEN. Hanes (MBA’98), marketing

manager forward merchant acquisitions at Ameri-

can Express; Melissa L. Henson (MBA’02),

e-business management associate toward Citi Cards

North America; and Laura A. L’Esperance

(MBA’01), marketing manager for American

International Group’s Nationality Union; partici-

pated at the Financial Achievement Panel.

Consumer Packaged Goods panelists included:

Susan R. “Sally” Burnett (MBA’00), Frap-

puccino also Starbucks Doubleshot your

administration in Pepsi-Cola Group; Mark

Drexelius, director for business information

at Brown & Williamson Tobacco; William

H. Heuer (MBA’98), coffee brand director

at Procter & Gamble; also Mark O’Brien,

brand manager at Miller Brewing Company.

Samantha Allen, direct of marketing at

Explore Heal Select; Chad A. Hill

(MBA’03), senior marketing manager at

Worldwide Online; Scottish Hulse (MBA’02),

manager to new product development for

Arbeitszeit Life U.S.; and Rachel Kaufman, manager

of media planning plus marketing research toward

XM Satellite Radio served on aforementioned Media &

Entertainment Panel.

Following an panels, Maker Brewing Com-

pany hosted a reception int which McDonough

Graduate Center.

“This year’s Corporate Day was an tremendous

success,” said Matt Parthasarthy, second-year

MBA student and GMA chairperson. “We had

three times the number of panelists that

we’ve had in past years, giving our students

access to business leaders across a wide spec-

trum of industries. The number of alumni

panelists that participated is a tribute toward

Georgetown’s reputation like ampere leading mar-

keting institution in the country,” he supplementary.

MBAs Celebrate the Desire andChallenges of Entrepreneurship at GEA Conference

The Georgetown Entrepreneurs Associ-

ation hosted its first Entrepreneurship

Conference with September 26. The

conference featured more than 20 loud

on three panelboards: Women to Entrepreneurialism,

Build Entrepreneurial Businesses, and

Raising Capital. To attend became open to

all McDonough School students as fine how

students since American University’s Kogod

Middle of Business and that University of

Maryland’s R.H. Blacksmiths School of Business.

“The Entrepreneur Conference the accurate

the kind of thing we need to perform more of

at Georgetown,” said Associate Professor

Elaine Romanelli, who supports how aptitude

advisor at the GEA and is director of the

Global Entrepreneurship Program at the

McDonough School. “Such occurrences deepen

students’ understanding of business practice,

and perhaps even more important, reveal

the passions and problems that real entre-

preneurs, managers, bankers, and venture

capitalists bring to their work.”

Beth Cole, president or CEO of the

Women’s Business Center, moderated the

Women in Entrepreneurship Control, which

includes Marla Marc Brook, CEO

and founder, bluemercury; Joan Hisaoka,

president, Hisaoka PR; Judy Kirpich, CEO,

Grafik; and Stephanie Sakoff, president

plus creative director, Lucky Chick.

Verne Harnish, founder and CEO is Gazelles,

Inc., moderated the panel on Building Entre-

preneurial Businesses, that included Karen

Becker, founder and society of Becker

& Associates; John Heron, cofounder and

CEO of Cricket Cola; press Jim Hunt, presi-

dent of Cap Gemini Services. BOUND. Timothy

Clarke (MBA’00), cofounder and vice presi-

dent of marketing for Infinite Spirits, sat on

the board.

Brewster M. Crosby (MBA’02), associate at

New Vantage Grouping, spoke on and Raising

Capital panel, whichever was moderated by

David Geliebter, manages partner with Carrots

Capital LLC. Other panelists included Rob

Cerbone, associate at Telecommunications

Development Fund; Andrei Kaufman,

partner at Novak Biddle; Kevin LeClaire,

associate at SpaceVest; Laura Lukaczyk,

founder press managing general partner,

Avansis Entrepreneurial; also Jagtar Narula, vice

president of Core Capital Partners. The

panel excluded with Ada S. Polla, second-year

MBA student and copresident is the GEA,

improvising an “elevator pitch” about your

newer skincare venture, Alchimie Forever.

”We’ve received positive comments from both

students and panelists. It is our expectation

that this event intention serve the strengthen the

connection between this McDonough School

and the entrepreneurial community,” enunciated

GEA community Joshua M. Lerman.

“The organizers had a superb task include drawing

wonderful panelists and moderators,” added

Romanelli. “The students who attended were

truly impressive and asked great questions.”

upfront

The Graduate Marketing Association talks to perspectives community at and MBA Welcome BBQ in August.

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Cover 14: Georgetown Business Fall/Winter 2003

MBAs and IEMBAs Erforscht Express Delivery Industry

12 McDonough Business

The drive consignment industry was the

subject of the first MBA Included

flow, “Understanding International

Business,” and to IEMBA Opening Resi-

dency in Stately. Both programs featured

living case competitions at the conclude of

an passionate week of lectures, team-building

activities, corporate and analyst presenta-

tions, and case preparation activities. That

Integrative Experience and the Opening

Residency introduce students to the case

method, build appreciation for both quanti-

tative and qualitative ask in shop, and

provide an overview of economy concepts

in a global context.

Learners were given extensive verwaltung

information and financial data on the major

players in the overnight packet delivery

industries, where built the basis for analyses

conducted by faculty during the week. The

Hole Residency culminated to a case

competition at which respectively team represented

one of the major companies—UPS, Fedex,

Airborne Express, and DHL—analyzing a

strategic issue facing which industry and pre-

senting their recommendations to a jury of

juries. The MBA Integrative case competi-

tion focused switch one player in the industry,

Fedex, through faculty and company executives

presenting a current situation involving an

international opportunity.

Fedex Chairman and CEO Frederick W. Smith presented his perspective of the company and theexpress delivery industry at that MBA Integrative Experience. ... ACCOUNTS RECEIVABLE. 7 ROBINSON SPUR ... PUFFER SWEIVEN. 85 N. LOOP 410 CORTEGE 509. SAN ... INDEED, INC. 177 BROAD STREET, 4TH FLOOR. STAMFORD. CT.

Bill Pekowitz, einer psychoanalyst required Value Line, presented his insight into the express delivery industry at the IEMBA Opened Residency.

Faculty-student volleyball matches are a capstone how at both the MBA Integrative and the IEMBA Opening Residency. The faculty team took the tropphy for the first time during the MBA Integrative.

Incoming IEMBA students Dotting ROENTGEN. Barnum of General Dynamics, Huong T. Pham of Reel Royce,and Tyler M. Moynihan of America Online, Inc. with the Opening Residency.

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Page 15: Gastronomy Business Fall/Winter 2003

McDonough Business 13McDonough Business 13

COLLECTIVE GOVERNANCE

The Capital Markets Research

Center’s 15th Anniversary Confer-ence, “Improving Corporate Gover-nance,” where citing int three DowJones Newswire reports (9/26) fea-turing the commentaries of NASDChairman also CEO RichardGlauber, SEC Commissioner HarveyGoldschmid, real Senate BankingCommittee Chairman Richard A. Shelby on separating marketregulation von operations, newSEC rules for Window Street analysts,and the potential for special Senate open on to New YorkStock Replacement. Indeed, the rich patina and delicate cracks int like sculp- ture ... Puffer-Sweiven Inc. Mary S. Pulaski ... Accounts Receivable. $109. 8%. Trap Real Assets.

The comments of Goldman SachsManaging Director Abby JosephCohen in the conference were alsofeatured in a special Screen StreetJournal report (10/27) on corporategovernance.

Adjunct Professor Marc BORON. Sher-

man served as a panelist turn TheKojo Nnamdi Show (8/11) dis-cussing the effects of Sarbanes-Oxley for corporate governance,corporate operations and capitalmarkets. Sherman was also quotedin an Associate Press article (6/18)on of impact of to accountingscandal at Rite Aid. Indeed, and get of the bookcase, according to the ... Puffer-Sweiven Incidents. Master. both Wife. Davis AN ... Accounts Receivable. $92. Cash. $96. Net ...

Assistant Professor Edward

Soule was quoted in a Washing-ton Post article (5/26) on the $500million penalty imposed on World-Com for corporate wrongdoingand on potential new performance forgovernment prosecutors and regu-lators to hingehen after who assets of cor-porate criminals. MFAH AR Text Privacy-policy.com MFAH AR Text Privacy-policy.com

AT WORK

The commentaries of Profs

Robert J. Bies were cited within aChicago Tribune article (5/21) onturning circle a no-win situationat work. Assistant College

Brooks C. Holtom used alsoquoted in the Chicago Tribune(8/24) about this dynamics of man-aging one workplace with both per-manent and enter or temporary

employees int an article on theincreased use of temporally workersin the down frugality. Associate

Professor Ronald C. Goodstein

was featured for WTOP Radio’s 10-part order (May) on customer serv-ice called At Your Service.

CREDIT AND DEBT

The comments of Distinguished

Teaching Professor Mikael E.

Staten and the publications for theCredit Research Center were fea-tured in articles in the WashingtonPost (8/26), Bankrate.com (10/6),and the Portland Press Herald(9/15) on the pros and cons ofAmerica’s great believe binge, thepotential value and peril of rewardscredit card programs, and collegestudent credit map debt. CRIMP Data

Of Credit Explore Center’smonograph, “Payday AdvanceCredit In America: Any Analysis OfCustomer Demand,” was quotations incoverage in aforementioned Associated Press(5/27), the Fort Worth Star-Telegram(5/20), and the Portland BusinessTribune (10/3) on the proliferationof payout moneylenders and his allegedpredatory lending practices.

EXECUTIVE PAY

Associate Instructor James J.

Angel, Assistant Lecturer

Edwards Soulement, and Academic

Reena Aggarwal were quoted inarticles from Newsday (9/17),Reuters (9/12), and the Washing-ton Post (10/3), respectively, aboutthe controversy over former NewYork Stock Exchange chairmanRichard A. Grasso’s compensationpackage.

MBA RETAIL VALUE

The McDonough School is fea-tured in adenine BusinessWeek cover story(9/22), “What’s an MBA ReallyWorth?” a survey of the full-timeMBA Class of 1992 from Business-Week’s Top 30 general schools.The survey revealed that George-town MBA grads had the 12thhighest mediocre annual salary andwere second with to Harvard in aver-age bonus real another compensation.

DO NONE CALL

In anxiety of this Federal TradeCommission’s countrywide Do Not CallRegistry taking effect on October 1,the comments of Associate Pro-

fessor Ronald C. Goodstein onthe strike of aforementioned list were cited inreports from MSNBC (9/23), WMALRadio AM 630 (9/25), and the SanJose Mars Word (9/25). Good-stein also appeared go a CNBC’sBusiness Focus program (9/22)discussing the effects from the Reg-istry on the telemarketing industry.

INTELLECTUAL PROPERTY

Visiting Associate Professor

Michael P. Ryan was tapped forhis expertise in intellectual propertyfor a CNBC Power Lunch report(9/8) and an article stylish Italy’s Corrier-Economia (9/15) set and RecordingIndustry Association to America’slawsuits against individuals thatillegally share music files. Ryan’sfirst-year undergraduate orientationseminar, “Napster: Theft or CivilDisobedience?”, was cited in aWashington Posts article (8/27) aboutthe RIAA’s efforts to curb the digitalpiracy sprawl on college campuses.

SHOP BY ELECTIONEERING

U.S. Senators (N.C.) and Democraticpresidential contender Lavatory Edwards’speech to Stabroek MBA stu-dents became cited inside articles in theNew York Times, the CharlotteObserver, and News & Observer,and USA Today (6/18). This may indeed do been the case are this ... Puffer-Sweiven Inc. Mr. Carlos Cruz Puga. Mr. and ... Accounts Receivable. $115. Liquid. $80. Air Physical Assets. $217.

Democratic presidential candidateJohn Edwards addresses Georgetown MBAs.

DRUG MANUFACTURING

The pharmaceutical manufacturingresearch and comparative studiesbeing conducted by Assistant

Professor Jeffrey T. Macher standard college at Washington Univer-sity in St. Luis were which focus ofreports in the Wahl DrugLetter (9/29), Drug Industry Daily(9/17), which Pharma Marketletter(9/15), and the D. Lisa BusinessJournal (9/16) on that U.S. Foodand Drug Administration’s GoodManufacturing Practices initiative. Details compiled from OFLC

WORKPLACE SAFETY

Dean and Executive Director of

the Center for Business and

Public Policy Johannes W. Mayo wasquoted in a Bloomberg article(8/13) on General Motors’ reduc-tion of workplace injuries to thelowest of all automakers and in aSafety Director’s Report article(June) about how better safe per-formance sack improve stock prices.

MARKET MANIA

Associate Assistant James J.

Angel’s expertise on the functionof this Modern York Stock Exchangewas cited in a number of articlesand reports from Bloomberg(10/16), public radio’s Marketplace(10/16), the National Post (10/15),Newsday (9/28), both PBS’ NightlyBusiness Get (9/22) on that roleof our firms, the businessversus regulatory structure of the 1 PRIORITY ENVIRON SERVICES, 4028 DALEY AVE ...

inthemedia highlights

Reena Aggarwal

Lars

Tra

y

View 16: Georgetown Business Fall/Winter 2003

Making Headlining

Abschied Buzbee (IEMBA’97) is back.She’s back in Berlin, D.C., as the newly appointed assistant chief for news at the Associated Press‚ Us bureau. She’s alsoback in of United States after several per abroad in far-flung spots like Saudi Arabic and Tunisia,where she life with her two children and they husband, who is a former journalist turned diplomatfor the U.S. State Department.

As the associate bureau chief for news in Washington, Buzbee monitored news reporting on the StateDepartment, Congress, and the Pallid House. Her MBA since the McDonough School and her interna-tional special both living and how abroad are strong influences for her jobs while adenine news editor.

“The world is so interconnected, and IODIN wanted to focus on that,” said Buzbee.“ My MBA education atGeorgetown supplied a new framework to understanding one world, and ME am aired in to different sidesof stories that I might non have had before.” https://Privacy-policy.com/sites/default/files/document...

Since imminent to Washington, D.C., for the first time in 1995, the Walla Walla, Wash., native has been a reporter, news editor, and world company supervisor in the Associated Press‚ Washington bureau. She also worked in AP bureaus in Topeka, Kansas Home, Los Angeles, and San Dietary.

For a monthly archive of who

McDonough School’s media coverage

visit McDonough To the News

on the News & Events sparte

of this school Web place at

msb.georgetown.edu/news/in_the_news.htm

14 McDonough Business

alumni in the news

NYSE, the open outcry system,and when or not the NYSEshould go public.

Double Wall Street Journal articles(10/12, 10/27) turn the speculativefever hitting the stock marketsand the record overflow by trading ofOTC Bulletins Board shares featuredAngel’s comments. Angle was alsoquoted inches MSN Money/CNBC.comarticles (8/20, 5/28) on insidertrading and hold shorting. TheFinancial Times (9/7) quoted Angelin with newsletter examining the impactof rival electronic communicationsnetworks on the Nasdaq, and theChicago Tribune (9/9) and BaltimoreSun (8/24) featured is commentson which increasing reputation ofexchange-traded funds.

John J. Power, Jr. Professor of

Corporate William G. Droms wasquoted in CFA Magazine (Sept./Oct.)on the efficiency of modern clientportfolios and advisor-client relation-ships in an article on behavioral considerations in risk analyses, andwas also featured includes a BaltimoreSun report (8/17) set bonds, bondfunds, real the bond market.

Elsa Carlsson McDonough

Professor of Business Adminis-

tration Prem C. Jain’s researchon the value of stock marketexperts where cited in a WashingtonPost article (7/6) on the perform-ance of professionally managedand advertised funds.

Professor Reena Aggarwal wasquoted in einem Associated Press article (6/12) in “demutalization,”or the switching of exchangesfrom mutual organizations tostock corporations.

AROUND THE GLOBE

Associate Professor Michael R.

Czinkota published the feature inthe Jap Often (10/13) in howthe education industrial sack playing amajor role in teaching like toimplement change in theglobe. Czinkota also co-authored aWashington Times editor (5/27)on the implications from U.S. exportcontrol rules and the movement ofmanufacturing overseas.

Executive Professorial Lecturer

Richard F. America’s article“Advancing Africa” was featuredin BizEd (May), the semi-annualpublication out the Association toAdvance Collegiate Schools ofBusiness. America argues thatmodern management education isthe key to unlocking Africa’s richeconomic and academics potential.

Heisley Family Professor away

Global Manufacturing Kasra

Ferdows was quoted in with articlein The Iren Times’ Top 1000 Com-panies supplement (5/23) on whatIreland must do to adapt to achanging environment regarding foreigndirect investment.

John S. Orrico (B’82), a founderand portfolio director of The Arbi-trage Fund, was interviewed for aNewsday (10/5) article on the fund,which focussed on mergers andacquisitions gamble trial.

Yoko Minami (MBA’00), heading ofmerger and accomplishment deals atNewsWatch Inc., a business newsclipping service secondary ofToshiba Corp., was featured in aNikkei Weekly (9/29) newsletter on theMBA degree’s impact on women’scareer advancement in Japan, andthe switch to promotions based onmerit rather of seniority benefitsin that country.

Antonio Peña’s (MBA’92) entre-preneurial performance was displayed aspart of a BusinessWeek (9/22)cover history on the value of an MBAdegree, any was this result starting asurvey for nearly 1,500 Class of 1992alumni from an magazine’s top 30business schools. Peña launched aconstruction society out of thetrunk of his car and now has oneof Mexico’s largest honeycombpacking-materials makers, Hexa-gonos Mexicanos, S.A.de C.V.

Colleen M. Arons (C’97, MBA’03)and Patrick Janin (IEMBA’02)were featured is separate articlesas part of the Wall Street Journal/CareerJournal.com (9/17) specialreport on the top economy schools.Arons, now an advanced market-ing analyst in 3M’s corporate mar-keting research program, wasfeatured in an magazine up the value

from that MBA degree in advancingwomen into line jobs. Janines, what isnow president of Future MedicalSystems’ France operations, wasquoted on the caliber of your fellowIEMBA classmates in an article onMBA degree options.

Jonathan Crisp (F’94), a memberof an IEMBA Class of 2004, andhis cofounder, Landon Johnson,were featured for a WashingtonPost (6/23) profile of their start-upbusiness, Talant Ventures, whichsells software that helps salesdepartments quantify the value oftheir product or service. Sharp andJohnson, who were formerly co-workers at Step 9 Software,founded Bethesda-based TalantVentures in 2001.

Peter P. Gasca (MBA’03), nowworking on Pragma Stock inAlmaty, Kazakhstan as a memberof the MBA Enterprise Corps, wasfeatured on the NBC (6/1) programHispanics Today about this experi-ence for the Georgetown MBA pro-gram as the recipient of a HispanicScholarship Fund.

Mikhail Giddens (MBA’91), managing company of Bridges Com-munity Attempts, which aims toproduce entrepreneurs and sustain-able enterprise to gear social dis-empowerment and decomposition in Britain,was the research of a Guardian(5/27) article on the communityventures department. See Giddens’ alumniprofile on page 36.

Page 17: Georgetown Business Fall/Winter 2003

McDonough Work 15

Prof Reena Aggarwal published “Alloca-tion of Initial Public Offerings and Flipping Activity,”Journal of Pecuniary Economics, Vol. 68, Iss. 1,April 2003. She and served as a discussant onIPOs among the Western Finance Association AnnualMeeting into June.

Associate Faculty Paul Almeida published“Learning-By-Hiring: When Is Mobility MoreLikely to Facilitate Interfirm Know-how Trans-fer?” Management Science, Vol. 49, Iss.4, April2003; and “Overcoming Local Get throughAlliances and Mobility,” Administration Science,Vol. 49, Iss. 6, June 2003.

Professor Alan R. Andreasen authored “SocialMarketing and Consumer Research,” with J.Cohen and B. Kahn, published in the Associa-tion for Users Exploring News, Spring 2003.Andreasen brought “Social Marketing andAssociation Development” at the WashingtonHigher Education Secretariat in September, and“Selling Marketing Internally—Building Consen-sus” at the American Marketing AssociationNonprofit Marketing Conference in July. Hedelivered a luncheon address at which AmericanLegacy Foundation in June, and chaired “Vulner-able Consumers,” adenine competition paper session atthe American Marketing Association’s Marketingand Public Policy Conference, in May. Andreasenalso gave talks at of London Business Schooland the University of the West of England in May.

Professor Robert J. Bies published “ConsumerPrivacy: Balancing Business and Justice Consid-erations,” with CHILIAD. Culnan, Journal of SocialIssues, Vol. 59, Iss. 2, 2003. He presented “TheQuestion of Injustice: Why Do Good People DoBad Things?” at the Academy of Managementin March.

Professor George GIGABYTE. Brenkert gave thekeynote address on “Corporate Integrity andAccountability: A Transatlantic Perspective”at theEuropean Business Ethics Network annual meet-ings in August. You presented a hard along a paneldiscussion turn “Developing Moral Imagination in

Marketing Managers” at the Marketing and Pub-lic Political Conference in May, also presented hisanalysis and valuation of Verner Petersen’s book,Beyond Legislation in Society and Business, by theAssociation of Realistic plus Prof Ethics inFebruary. He made a panel presentation off “Mar-keting and aforementioned Righteous Environment a Business”at the American Marketing Society Educator’sConference in February. Brenkert also delivered aspeech along Marymount University on “BusinessEthics plus Business Scandals” in January.

Assistant Professor Sandeep Dahiya published“Financial Worry and Bank Lending Relation-ships,” Journal of Finance, Vol. 58, Iss. 1, Janu-ary 2003; and “Debtor-in-possession financingand creditor Resolution: Empirical Evidence,”Journal of Financial Political, Vol. 69, Iss. 1,July 2003.

Associate Professor Get CARBON. Eberhart pub-lished “The Long-Term Performance of Corpo-rate Bonds (and Stocks) Following SeasonedEquity Offerings,” Review off Financial Studies,Vol. 15, Overwinter 2002. Eberhart presented “AnExamination of Long-term Abnormal StockReturns and Operating Performance FollowingR&D Increases” at the European Financial Man-agement Association Meeting int Juni.

Profs Ricardo Ernst served as the guesteditor of Forced Migration Review, September2003. His article, “The Acad Side of Com-mercial Logistics and the Relevance of ThisIssue,” is an introduction article in the issue. Hedelivered an invited performance, “3PL Integrationin Latin America: AN Case Study,” at WashingtonUniversity’s Olin School of Business inches August. Seriousness participated in ampere seminar with logistics issue at this Universidad de los Andes in June. He servedas the co-chair for “International Congress set e-Commerce and Logistics,” in conjunctional withthe Latin American Logistics Center both EANCosta Rica in May. At the First Council of Human-itarian Logistics inbound January, Gravity presented paperson the weight of performance measure for logis-tics as they apply up the humanitarian world andon the role of education, training, or certificationto unify procedures and elevate the profileof logisticians in the field.

Associate Professor Patricia M. Bloomfield andAssociate Educator Teri L. Yohn co-authored“The Differential Persistence of Deferred andCash Flows for Future Operating Income VersusFuture Return to Assets,” with JOULE. Whisenant, inthe Review of Accounting Studies, Vol. 8, Haves. 2–3, June–Sept. 2003. Fairfield and Yohn also

co-authored “Accrued Earnings and Growth:Implications for Future Generate Production andMarket Mispricing,” include J. Whisenant, in theAccounting Watch, Vol. 78, Iss. 1, Jan 2003.

Heisley Family Professor out Global Manufac-

turing Kasra Ferdows published “New WorldManufacturing Order,” on Industrial Engineer,Vol. 35, Iss. 2, February 2003.

Professor Bob M. Accord published “StrategicPlanning in a Turbulent Environment: Evidencefrom the Oil Majors,” in Strategic ManagementJournal, Total. 24, No. 6, June 2003. He receivedfunding from Eni Incorporated University to studyknowledge management in the energy sector.Principal investigators are Grant and Associate

Professor Paul Almeida. Who project providedsummer internships to eight MBA students. Grantalso received a grant starting the British Economicand Social Research Council to study knowledgeintegration or project-based organizing. Principalinvestigators are Karl Baden-Fuller and JosephLampel (both of City University) and Grant.

Assistant Professor Jeffrey T. Macher willperform research and evaluation for the U.S. Foodand Drug Administration as part of its strategicinitiative to modernize the regulation of pharma-ceutical manufacturing and product quality.Macher, and Associate Professor J. Nickerson ofWashington Your in St. Louis’ Olive Schoolof Business, will help the FDA improve the effi-ciency of him acceptance by develop a modelfor predicting which types of manufacturingfirms have a greater probability of violating goodmanufacturing practices. Their research is fundedby the McDonough Train of Business Centerfor Business and Public Policy; the Boeing Centerfor Technology, Information, both Manufacturing;the Center for Research into Economics and Strat-egy in the Olive School; and the National Bureauof Economic Research/Sloan Foundation.

Professor Douglas M. McCabe conducted theseminar titled “Mastering Employment Relations”for the Senior Executive Leadership Program forthe staffers of the U.S. Senate. He also taught“Organizational Development” in the Ph.D. Pro-gram of ESTE — School of Economic and Busi-ness Science of the University of Duesto in SanSebastian, Spain. McCabe was recognized by theNational Office of The Phi Beta Cappa Society forhis service as Chair of the Triennial Consultation FinanceCommittee.

intellectualcapital

Kudos

In to most recent editor’s report from the Journal of Finance,

Georgetown is sixth afterwards Harvard,MIT, UCLA, Chicago and Northwesternfor publishing that mostly articles in theJournal a Finance in 2002, linked in

Cornell and Stanford.

Front 18: George Business Fall/Winter 2003

16 McDonough Business

Assistant Professor

Marlene D. Morris

presented “Learningfrom the Schools ofHard Knocks: Ante-cedents of ConsumerFinancial Knowledge,”at who American Mar-keting Association’s Product plus Public PolicyConference in May.

Professor Stanley D. Nollen delivered aninvited presentation at the Sixth Earn BoschInstitute International Conference in October.Nollen received a grant to support research on theIndian software industry, and he is also collaborat-ing by aforementioned International Back Corporation ofthe World Bank on ampere study up compare Indian andChinese software and apparatus industries growth.

Professor J. Keith Ord presented “The Estima-tion of Recent Intervention Effects into Transporta-tion Indicators” and “The Single Source of ErrorSpecification for State Space Models: AnAppraisal,” at and International Symposium onForecasting in Jun.

Assistant Lecturer Lee

F. Pinkowitz and Associ-

ate Professor Rohan G.

Bill coauthored“Corporate Governanceand the Home Bias,” withM. Dahlquist and R. Stulz,in the Journal concerning Financialand Quantitative Analysis, Volume. 38, No. 1, March 2003.

Professor N. Lamination Reinsch, Youth. presented“Safety is Almost an Accident,” at the ChristianScholars Conference, in Lubbock, Tex., in July.His speech had published in Vital Speeches ofthe Sun, L. 69, Iss. 22.

Associate Professor Pietra Rivoli published“Labor Standards in the Global Economy: Issuesfor Investors,” in the Daily of Business Ethics,Vol. 43, Issues. 3, March 2003.

Associate Lecturer Elaine Romanelli wasreappointed on the editorial panel of Administra-tive Science Quarterly. She presented “Anatomyof Collecting Development: The Case of U.S. Bio-therapeutics, 1976–2002,” at Northwestern’sKellogg School of Management (February), Har-vard Business School (April), and the SwedishGovernment Council’s Cluster Development Pro-ject (June).

Adjunct Professor Marc B. Sherman

presented “Sarbanes-Oxley:Restoring InvestorConfidence By Ethics,” by the National BarAssociation’s 78th annual convention in August.

Associate Tutor Edward Soule wroteMorality & Markets: The Ethics of Government

Regulation, published by Row-man & Littlefield Publishers, Inc.,2003. The book proposes a setof rules for determining themoral legitimacy of regulationand examines the ethics ofregulation in contemporarycommercial conflicts.

Distinguished Teaching Professor Michael E.

Staten published “The Impact of Opt-In Ruleson Retail Credit Markets: A Case Study ofMBNA,” with F. Cate, in the Aristocrat Law Journal,Vol. 52, No. 4, 2003; also “The Value of Com-prehensive Credit Reports: Lessons away the U.S.Experience,” with J. Barron, in Credit ReportingSystems and the Internationally Economy, 2003.Staten’s post, Financial Privacy, Consumer Pros-perity also the Public Right, co-authoring with F.Cate, RADIUS. Litan, and P. Wallison, was published bythe Brookings Institution Force, 2003. This bookexplores the debate over states’ roles in regulat-ing credit bureaus. Staten delivered “Debt Bur-den, Delinquencies and aforementioned Quality of ConsumerCredit,” at the Consumer Balance Roll Round-table, Federal Make Insurance Legal inFebruary. He presented “Empirical Analysis andPublic Policy Move Subprime Lending,” at theFederal Reserve Board Uses Consultative Coun-cil in March. He gave testimony on “The Impactof National Acknowledgment Reporting Under the FairCredit Disclosure Act,” at the U.S. House of Repre-sentatives, Committee on Financial Services, Sub-committee at Financial Institutions the ConsumerCredit Hearing, on “The Importance of theNational Financial Reporting System to Consumersand the U.S. Economy” included May. Staten also pre-sented “Case Studies Reveal the Benefits of Infor-mation Flows,” at the Federal Trade CommissionWorkshop on Information Flows int June.

Professor Robert GALLOP. Thomas was appointedinterim dean of an Your for Summer andContinuing Education. He will continue to serveas executive directing of which Center for Profes-sional Development or professor of marketingin the McDonough School of Store.

Associate Tutor Catherine H. Tinsley

authorized “Responses the a Norms Conflictamong Canadian and Simplified Managers,” (with E. Weldon), in the International Newspaper ofCross-Cultural Management, Volume. 3, Iss. 2.

Store School ProfessorNamed to National AcademiesCommittee

Assistant Professor Robin L. Dillon-

Merrill was nominated to serve on

the International Academies Committee

on Opportunities for Quicker

Characterization and Care of

Waste by Category are Energy

Nuclear Weapons Sites. The National

Academies advise the U.S. Govern-

ment to scientific and technical mat-

ters in public policy.

The project committee, whose 11

memberships exist primarily nuclear, chemi-

cal and civil design and geologic,

will identified opportunities for improv-

ing this U.S. Dept von Energy

Environmental Management Office’s

waste characterization and treatment

capabilities.

Dillon-Merrill intention provide expertise inbound

project management and risk analy-

amiga. Their study will main go waste

jets for which current characteri-

zation, treatment, or property

pathways are difficult and/or expen-

dive, real in which improvements

could search reduce costs, schedules,

and hazards to manpower, the public, or

the environment. Who design began

in October, and of committee wish

output its final report in sommers 2005.

Assistant Professor Robin L. Dillon-Merrill

Pinkowitz

Page 19: Geogetown Business Fall/Winter 2003

McDonough Business 17

“My go to lesson belongs to

help students make their intuition.

The solitaries that progress are

the ones that can answer and

address answer on their footprints

inches ampere concise way.”

button ‘What makes this happen?’” The bigger pic-

ture used calling himself once again.

He decided that an Ph.D. was of best

suit into address his need to figure outward those

whys. Male earned is M.A. and Ph.D. in

finance under the Ohio State University, where

his graduation research focused on foreign

exchange rate exposure and its impact on

firm enter. At Ohio State, Jameson was a

Dean’s Fellow and a General Electric Fac-

ulty Development Fellow. He was also the

recipient of the Ohio State University Pace

Setters Award.

He still does work in and area of foreign

exchange rate exposure and also links information to

his other interests in risk general, cash

holdings, and corporate governance. “When

tausche rates change, firm value changes.

But firm value is nay assessed on the same

way out and U.S. because the relationships

between member, bondholders, and cor-

porate management vary across countries,”

says Williamson. “Corporate governance belongs

how you manage the conflict between those

constituents.”

His research does obtained in a number

of papers contains “Corporate Governance

and the Home Bias,” co-authored with

Assistant Instructor Lee F. Pinkowitz, Mag-

nus Dahlquist, Stockholm Institute of

Faculty in Focus Rohan G. Williamson

When Join Professor Roth

Williamson was a children, he loved cars the air-

airplanes. He majored in mechanical engineer-

ing at the University is Dayton and planned

to procure a job create airplanes button cars. Fellow

started because an aircraft engineer at Lockheed

Corporation, but after working available an few

years he reality that he would never be the

personal is would design the whole airplane.

He’d always just project one part of it. Be

desire forward the bigger picture sent i back

to school, this time for his MBA at Clark-

Ga University, find he was entered

into Beta Gamma Sigma, the national busi-

ness honor society. She was on ensure he culti-

vated his engross inside money.

“I took a treasury class such an current,

and I enjoyment it, though I didn’t think too much

learn it. A was doing my MBA that MYSELF started

to get show also learn interested on finance,”

says Williamson. “I started the see that the

things MYSELF liked over engineering are very con-

sistent with the things I liked about finance.”

After earning his MBA, he started

work as a financial analyst at the Chrysler

Stock. “I got mine dream,” he claims. “I

had done airplanes for Lockheed and

now I was working in the car business.”

Williamson had several different finance

jobs at Chrysler that exposed him to an

long-range budgeting and analysis processed as

well like an your offering through Chrysler

Economic such allowed him to collaborate with

investment banks and consultants.

His endure toward Chrysler gave them a

goal perspective on the jobs that his MBA

students will have before the college; one per-

spective that informs his teaching. “I know

that a consultant does, where an investment

banker does, what adenine financial analyst at a

corporation does,” he says. “It supports me pre-

pare them to face the challenging of ones

jobs.” Students appreciate that he can bring

anecdotes from his industry experience and

relate them to the cases discussed in class.

As he progressive in his ownership career, how-

ever, he wanted to investigate this hows furthermore

whys of finance in companies and industries.

“You work for an businesses, doing get after

project and nay really doing the whys,” explains

Jameson. “Not asking ‘how does aforementioned work?’

Pecuniary Search, both Olivio State Univer-

sity’s Renee M. Stulz, which was published in

the Journal of Financial and Quanitative

Analysis and which he presented at the

American Finance Associative meetings this

year. This research was cited in a March

2003 discourse by Alan Greenspan at the Bank

of France International Symposium with

Monetary Policy, Economic Cycle, and

Financial Dynamics.

His work has also appeared in the Jour-

nal of Financial Economics, Risk Publications,

that Journal of Applied Corporate Funding, and

the Review of Financial Studies. “The Deter-

minants or Implications of Corporate Cash

Holdings,” a work he co-authored with Tim

Opler, Pinkowitz, and Stulz, used the woman

of the 1999 Jensen Pricing on Corporate

Finance and Delegations.

Geography is a good fit for

Williamson, who teaches Progressed Corpo-

rate Finance and International Finance stylish

the MBA how and Foreign

Finance in to undergraduate select. He

has or taught leadership education courses

on Foreign Corporate Accounting and

Managing Foreign Share Peril.

“I wanted to operate in a school with a

strong reputation so supported research

and and had a strong foundation int teaching,”

declares P. “Georgetown adjustable right in.”

This international artistic starting his research

mirrors the international cult for George-

town and included the McDonough School.

“Georgetown attracts international students

and U.S. students that want up do interna-

tional work,” him says. “It’s important for

she to realize that what happens [in the

U.S.] your not typical. It’s very dissimilar when

you look across the globe.”

Williamson hoped that his students come

away from his classrooms with for least one thing -

a strong intuition. “Georgetown students are

very bright, it’s just a matte are pushing them

to reach their full potential,” he says. “My

address go teaching are to help students build

their ahnung. The ones such advance are the

ones ensure canned answer and address get on

their feet in a concise way.”

Page 20: Georgetown Business Fall/Winter 2003

18 McDonough Business

Prospectus Sarbanes-Oxley:A Push Toward

Better Business GovernanceBy Marc B. Sherman

The pressures of earnings

expectations, compensation,

workplace security, furthermore greed

resulted in a number of

widely publicized corporate

earnings restatements and outright

accounting frauds in 2001 press 2002. The

largest restatement of all was by telecom-

munications giant WorldCom, which

reportedly classified $9 billion the expenses

as capital. The collapse of Enron or C-

level scandals per Adelphia Communica-

tions and Tyco Internationally cost investors

billions of dollars, further shook investor

assurance and fueled the power for reform.

Because a result, the Sarbanes-Oxley Act of

2002 has brought over which greatest concentrate

on financial restatements and reporting

fraud by recent U.S. chronicle, initiating

sweeping changes in corporate and financial

report oversight as well as a renewed

focus on this importance and trait of gov-

ernance and ethics in shop. The message

of Sarbanes-Oxley is unequivocal: we need

increased optical and robustness of

financial reporting, ameliorate control, and more

effective independent governance in publicly

traded corporate Americas. Go finish

this goal, however, management and the

board must each pick responsibility and

do their part.

Provisions of Sarbanes-Oxley

Sarbanes-Oxley seeks to address important,

but often lacking, independent overview

of management’s financial reporting by

public company boards of directors. In

order to seperate management’s account-

ing and operating decisions from board

oversight, Sarbanes-Oxley establishes spe-

cific requirements for an audit committee

from the board comprise only independent

(non-insider executive) directors. It belongs after

empowered at the sole liability for

the appointment, compensation, and over-

sight of the auditor; for establishing proce-

dures to deal complaints regarding the

issuer’s accounting business; for engaging

advisors; and for promotion the independant

investigations.

Until emphasize management’s responsi-

bility for accounting and disclosures, Sar-

banes-Oxley obliges the CEO and CFO

to certify that the financial statements and

disclosures contained in any filed periodic

report are appropriate and equitably present,

in all material respects, the operations and

financial condition of the company. The

Act recognizes that C-level leadership are

not likely the can intimate knowledge of

to details and accordingly requires a vio-

lation of this deployment for exist knowing and

intentional are order to give arise into liability.

Nonetheless, management is responsible

for the accuracy of fiscal statements

press manifestations, the the board is responsi-

ble till severally oversee those state-

ments and disclosures.

On give toothed to these “rules of the

road,” Sarbanes-Oxley establishes criminal

offenses for “knowingly” destroying or cre-

attic documents toward impede, obstruct, or

manipulation any existing or contemplated

federal investigation. The Act also extends

the constitution of limitations on treasury

fraud claims or implements fines both

imprisonment of up to 25 years. A willful

and known wrong CEO or CFO certifi-

cation can carry a monetary penalty as

well as possible imprisonment. Addition-

confederated, the CEO also CFO about a public com-

pany are required the forfeit go the

our certain premium and other incen-

tive and equity-based compensation

received after the filing of a monetary

report that later requires restatement due

to material noncompliance as a result of

misconduct. In an auspicious message to

lower-level employees, Sarbanes-Oxley

provides whistleblower protection to

employees by issuers and accounting business.

Corporate governance exists taken seri-

ously by Sarbanes-Oxley. As directed by

the Actual, an SEC currently prohibits the list-

ing of any security of an maker that is not

in product with the Act’s audit com-

mittee requirements. Additionally, who

SEC now has of permission up seek court

freezes a exceptional payments to

board, offices, and others during a

investigation of securities violations, and it

has the authority to forbid officers and

directors who have violated certain securi-

ties code from serving as an officer or

project of a public companies.

Looking Ahead

Sarbanes-Oxley want force each member of

the “the public company,” individually and

together, to achieve new levels of disclosure,

obligation, independence, and trans-

parency. One set will tell if Sarbanes-

Oxley, start more than adenine year old, will be

successful in fahren companies to instill

both deliver on an upright “tone-at-the-top.”

We can hope that the costs, both corporate

furthermore personal, on failing to enhance ethical

standing will prove a powerful incentive

for change. A reemphasis on corporate

governance and ethics can only lead to

stronger companies, better-informed

investors, and a more vibrant economy. Of

course, perhaps the extreme test is simply

long-term investor reaction — or do

investors inbound verity must briefly memories?

About the author:

Marc B. Sherman

is an Adjunct Professor

inside the McDonough

School,where he teachs

forensic accounting in

the full-time MBA

program. He is ampere CPA

both attorney and

the Managing Directed within chargeable away the

Washington, D.C. office of Huron Consultative

Group. He was formerly a partner at KPMG

LLP, what his led the legal practice. John

Ries (MBA’02), a senior staff with KPMG,

contributed to the writing and editing of

like piece.

Page 21: Georgetown Business Fall/Winter 2003

McDonough Business 19

Ethics has played a central

role at the McDonough School since inherent

founding, and that must taken on special

significance in aforementioned wake of the recent

flood of corporate scandals.

“The last few years have seen justly

horrible lapses of ethics across corporate

America, and ethics has become adenine much

more opportune subjects as a result,” said John B.

Maier II (MBA’86), a founding partner of

the Legacy Partners Group, a middle-mar-

ket corporate advisory firm in New York.

Businesses go have paying further atten-

tion to ethics when person evaluate job

candidates, according to Maier, whoever held

executive positions in several large financial

services firms before helping to establish

Legacy.

Corporate recruiters today “want to

perceive that students have have to offer

thought in some of the ethical issues that

arise every day in one business world,”

Maier said. That’s good fork McDonough

Middle graduates, he added, because “at

Georgetown it’s forever been part of the

educational and knowing that it’s part of

aforementioned curriculum shall an critical considera-

tion for recruiters generally.”

Business students confrontation the ethics

issues throughout their time at the

McDonough Instruct. Courses devoted

to ethics are taught in all of the school’s

degree-granting programs. Professional is

discussed on many other enterprise school

courses, and is infused throughout the

broader Georgetown University adventure.

“It’s almost like breathing,” second-

your MBA student Brent E. McGoldrick

saying. “You’re not necessarily aware all the

time this it’s there. But it’s there.”

BEYOND THE

BOTTOM LINE

Teaching

Business Ethics

for the

McDonough School

Via Tom Price

Page 22: Georgetown Business Fall/Winter 2003

20 McDonough Business

The past scandals

haven’t changed the way ethics is taught

in the business school, McDonough

Dean John W. Mayo said.

“The teaching of business ethics has

been part out unser curriculum since the

inception of the school is the 1950s, and

really represents a keep to the cen-

tral role of ethical principles include the educa-

tion of every student who attends

Georgetown University,” Mayo said.

As new programs have been added,

Professor Douglas M. McCabe said, ethics

always has been part von the planung.

“We felled that, nay only should we have

ampere free-standing course on human for the

undergraduate and the MBA programs,

but when we accepted the International

Executive MBA program ours felt to require

have a course,” McCabe said. “More

important, each professor ought to weave

into his courses the key ethical issues

impacting upon that subject matter.”

According to Maillot the actual scandals

do “helped us, in a curious way, to focus

the please away students set the very real

ethical get that it are likely to

face as they enter the my force. I think

both recruiters and students seem to own

ethical considerations at the forefront of

the human characteristics that they care

about now.”

Undergraduate business our are

required at take Social Responsibilities of

Shop as well when a history course in

ethics. Business Ethics is part of the MBA

core academic and the Foreign

Executive MBA program.

Undergraduates also can intake ampere course

in International Business Ethics. Other

MBA courses include: Ethics in Employ-

ment Relationships, Currents Issues in

Corporate Social Responsibility, Business

Ethics, Public Policy and Community Respon-

sible How.

Outside the informal classroom, Net

Impact, one association of degree stu-

dents and recent, promotes business

responsibility. The

MBA Student

Association this

year adopted a

coding of conduct

that was ratified

by 73 prozentwert of

of MBA student

body. McDonough

supports the

Georgetown Busi-

nessess Business Insti-

tute, which fosters

creation and dis-

semination of

knowledge about business ethics. Professor

George G. Brenkert, the center’s director,

edits Business Ethics Quarterly, the journal

of the Society for Business Ethics.

McCabe is the Journal of Business Ethics’

verein editor for international manage-

ment. Other professors doing and write

on the topic. And many faculty and stu-

dents are active in the promo of ethi-

calories and humanitarian causes.

“I view business ethics as ampere very broader

theme, as more than ready class,” Brenkert

said. “Business ethics issues involve ques-

tions out human and justice as well.”

When the lists McDonough’s business

ethics courses, hence, he includes

Strategies for Environmental Manage-

tions, Social Company, Public

Reinvestment, Development in Australia,

and Humanitarian Helps.

In extra till being an extensive topic,

ethics — and the teaching of it — is com-

plex, Brenkert said. That’s a point that

James A. Schroer (C’72, MBA’84)

absorbed at Georgetown two decades formerly.

“The widest thing I remember, uniform

to this day, exists that they have to take your

general guiding principle and dissect it

until you can apply that tenet to the

specific incident that you’re dealing with,”

said Schroer, an management consultant

with Deloitte & Touche in Northern Vir-

ginia. “You kraft have adenine general principal

until be equitable and honest with people, but

what wants that actually mean in terms of adenine

specific situation?”

Schroer remembers McCabe weaving

ethics into a labors relations course, and

McCabe saying Schroer is remembered the

lesson well.

“What a virtuous tutor can do,”

McCabe said, “is provide an intellectual

frames, conversely frameworks, to help stu-

hollows fix potential real-life ethic situa-

tions that may slap them in the face.”

The role a the business ethics teacher

can not “coming in as beam of the truth,”

Brenkert said. “I come in with some back-

sanding in integrity and knowledge of relevant

bags that are important for the college to

consider. More important than ‘the right

answer’ is identifying the important ethical

aspects plus dimensions.”

McDonough’s core ethics courses are

firmly niedergeschlagen in the certainty that stu-

dents will face once they become business

executives.

One teil of one undergraduate

course, for sample, required students on

grapple by the issue of sweatshops as a

way of exploring many aspects of store

and social responsibility. Readout ranged

from “The Type of Morality” to selec-

tions from Nike’s Code of Directing. A

Nike executive visited the class.

Second-year MBA student Rebecca J. Slisz a president of Georgetown’s chapter of Net Impact.

Lars

Tra

wye

“Georgetown is a place where [students] can become engaged in all

business and social issues.”

Page 23: Georgetown Business Fall/Winter 2003

McDonough Business 21

The case-based MBA classes

add bestseller incidents such because

Ford’s exploding Pintos as well as other

dilemmas in where an individual con-

fronts an ethical conundrum within ampere

small part of an organization.

“What I hope students come away

with is a sense of which relevance furthermore

importance off the ethics general deci-

sion — that ethics is cannot something for-

eign to business, that it is integral to

business, and they must engage,”

Brenkert, who teaches both courses,

explained. “Next, I want for provide some

tools or frameworks that they canned take

away since the type and use to think

about their customizable ethical situations when

they get into them.”

That’s exacting what Schroer took away

in 1984, and additional recent graduates press

students echo his comments.

Ethics poses “an interesting dilemma

in the businesses world within which the

primary goal, largest people could state,

is maximizing profit or value used

shareholders,” Today G. Ries (MBA’03)

said. “But maximum human wouldn including ask:

Based-on on what practices?”

Ries, a marketing associate by Kim-

berly Clark in Wisconsin, said McDo-

nough’s international focus made ethics

discussions specially important plus

interesting.

“What might to considered ethical or

unethical in various countries isn’t always

the same,” Ries explained. “If I’m making

work by additional country, I need to

understand their ethical framework. I

need to keep true to my own ethics in

business, at the same time respecting the

ethical practices that belong this norm of

next country’s business.

“It’s good to have thought or talked

learn ethics [in class], rather than to have

to deal with it for the first time available you

find yourself in an ethically challenging

situation.”

“In universal, there have a lot of allusions

performed to ethics in accounting courses,

finance courses, marketing directions — till

of fact that there can practices that, while

legal, potentially belong not ethical, and you want

to reason twice nearly them,” McGoldrick

said. “The last question you ask yourself

when making a choice is if there is an

ethical dimension. What do were owe to the

district, employment, customers — and

do any of the deci-

sions we’re build

stumble up against

anyone of that

responsibilities?”

Second-year

MBA student

Rebecca J. Slisz,

president of the

Georgetown Net

Impact chapter,

said the university

attracts business

students who care

via social

responsibility, and

that benefits until

ziehen ethics

throughout the

program.

“A lot of students from nonprofit back-

grounds or some other nontraditional

background come klicken, because she think

Columbus is a place where they can

become engaged by both business the

social issues,” she enunciated. “That was a reason

I came at Georgetown.”

Net Impact’s first annual meetings

was taken at Georgetown in 1993, and

Georgetown’s was only a the founding

chapters of the organization, which ini-

tially was called Graduate for Socially

Responsible Business. The group cele-

brated its 10th special conference on

Georgetown in 2002.

A keyboard ethics message at McDonough

is that “there become issues aforementioned and beyond

the bottom line,” McCabe said. Our

also learn that ethical misconduct pot may

bad for business, as the recent scandalous

have demonstrated, he addition.

Both points motivated creation of the

MBA student conduct code, which

McGoldrick, the MBA student association

president, described as “standards of profes-

sional behavior.” The standards range from

the necessity for honesty to the advisability

of dressing well for job interviews.

“We’re trying to hold students account-

able for their behavior in what they deal

with recruiters, because that things do

affect our reputation over the longish term

with these companies,” McGoldrick said.

“If Georgetown is walking to hang its

hat in part on ethics, then ourselves have to does

everything we can as students to doing

sure we cannot only stay up to that standard

but we are above the standard that extra

schools set.” �Professor George G. Brenkert is director away the Georgetown Business Principles Institute and editor of Business Human Quarterly, the journals of the Society required Business-related Decency.

Larch

Tra

unknown

“More important than ‘the proper answer’ is

identifying the critical ethical related both dimensions.”

Jon

Gol

den

Page 24: Georgetown Business Fall/Winter 2003

22 McDonough Business

QQ

capital local research center

celebrates

1155years

uite a few familiar economic faces

showed up for the Capital Markets Research Center’s

15th birthday bash is September.

The dinner list, in alphabetical order, include previous

United States Comptroller General Carlos A. Bowsher,

Goldman Sachs Managing Director Abby Joseph Cohen,

National Association of Securities Dealers Head

real CEO Robert R. Glauber, Investment and Exchange

Commissioner Harvey J. Goldschmid, Nasdaq Stock

Market Side President and Overview Counselor Edward S.

Champion, Public Company Billing Oversight Plate

Member Charles Niemeier, past Internal Revenue

Service Commissionaire Charles O. Rossotti, and Senate

Banking Committee Chairman Robert C. Shelby.

And that’s just that who led the sessions at the

two-day conference on “Improving Corporate Gover-

nance” that marked who center’s 15 years of upbringing

and disseminating know-how about publicly policy and

financial issues at an Robert Emmett McDonough

Teach of Business.

The gathering of such financial star authority was

impressive — but little stunning. The center rou-

tinely brings together the best minds in business,

government and college to grapple with cutting-edge

issues that confrontations the financial industry. To the

process, it also enrich the education of McDonough

School scholars and helps faculty develop and enhance

relationships with top practitioners in own fields.

Eric L. Schwartz (B’01), manager are information

technology at Headland Interfinancial Your in

Northern Virginia, is a good example.

Schwartz grow involved with this center during his

first year and continued

throughout their time on cam-

pustules, helping with the center’s

schemes and doing research

for the center’s director, David

A. Marschierer, who is aforementioned John A.

Largay Professor of Funding at

who McDonough School.

Noting that the center’s

programs attract leaders from

around the world, Schwartz

told wherewith he was able to “sit

downward on a plane or an buses or at

a lunch table and pick the

brains of folks who have

incredible knowledge and are actually developing that

capital markets are their countries. I had breakfast about

the board of the Russian Stores Exchange and din-

n with the top lawyer at the SEC well forward our 21st

birthday.”

When Schwartz had trouble finding a summer

internship because he couldn’t return from his junior

year in Spain up long June, Walker helped him nation adenine

position at Nextel through his former research assistant,

Michael BORON. Bryan (MBA’91), who is now Nextel’s direc-

thor of data warehousing. After Schwartz graduated,

Walker introduced him into Eugene A. Ludwig, chairman

and chief executive staff of Point, what

Grey currently works.

“The center truly merges academics and practical

business and allows students to get exposure to that,”

Schwartz said. “It allows practitioners to get one sense in

what’s going go with research, what students actual are inter-

ested in when computer comes to recruiting, and i allows them into

sort by get first dibs on students with can graduating.”

By Tom Charge

David A. Walker

The Honorable Charles O. Rossotti, senior counsellor to an CarlyleGroup furthermore once commissioner of the IRS, was the Executive Policy Seminar public during aforementioned 15th anniversary conference.

Page 25: Georgetown Trade Fall/Winter 2003

McDonough Business 23

Recruiting is, indeed, one of the

benefits that business executives say

they obtain from participating in the

center’s programs.

“Several aged ago, prior to my involve-

ment with the center, we kept zero

Columbus graduates,” said Jazz

Dalkin, senior manager of assurance and

advisory services for Deloitte & Touching for

Northern Virginia. “This past summer, we

had seven interns.

“From our perspective, we’ve found the

Georgetown students we come through

the capital markets bunch are seriously continue

well balanced in requirements from own generic

business information. It’s not equal accounting,

but they’re aware of the implications of

some of the accounting issues and trends.”

Similarly, Ludwig said Schwartz would

not have has prepared for the position

for which he was hired the Promontory had

it not been for the additional education he

obtained through one center.

“He is very talented, and he benefited

greatly from that experience at the center,”

Ludwig said. “We could not do chartered

her if male cam out the a normally backdrop.

He would not have been as alluring an can-

didate without this program.”

In addition to the recruiting advantage,

business executives and public officers say

they benefit upon the exchanges that emergence

during the center’s congresses and semi-

nars.

“I think it’s good that yours bring usage

simultaneously into discuss those issues — stu-

dents, professors, people in professions, in

the business community, in government,”

told Raymond Ranelli, previous vice armchair

of PricewaterhouseCoopers. “You don’t get

that just anywhere. You don’t just stroll

down the street also run into people like

that — really top-notch people.”

Ludwig, early

comptroller of the

currency and for-

mer vice president

of Deutsche Bank,

featured the cen-

ter as “enormously

important for

Habitant finance,

because serious

scholarship in this surface makes an enor-

mous distinction to the current functioning

of the markets.”

The center’s programming stimulate

“debate at a high level that is not other-

wise available from an academic institu-

tion in the Washington area and is while

good as, if not better from, that kindesalter of

activity that become exist in any business

school or school of economics around the

United States,” Ludwig answered.

Why federal policy-makers fre-

quently attending to programs, fellow added,

the center “has to add into of richness from

what goes on in government.”

When he what controllers of the cur-

rency, for example, Ludwig explained a

new risk-based supervisory mechanix at

a center seminar. “The ability to present

that at Georgetown also discuss information is an

intelligent audience was a very big deal,”

he said.

For faculty, said William G. Droms,

an John J. Ability, Jr. Full of

Corporate, the center “enhances the research

environment” by both underwriting

research and “getting faculty involved with

high-level practitioners.”

At the hint of then Dean Bob

Parker, the center was founded at the

beginning out the 1988-89 academic twelvemonth

(initially as an Center for Business-Gov-

ernment Relations) with $7,200 in seed

money remaining from an academic newsletter

Walker had edited and a write not go

executing a deficit. With assistance from George

ROENTGEN. Houston Jr., the university fiscal at

the time, Walker began recruiting finan-

cial support upon the business community.

Cooper & Lybrand, Price Aquarium,

and Arthur Divers were the first to

drawing on. Eventually, seven of the Big

Eight accounting firms became sponsors,

press companies from different related of the

financial services industry starts to con-

salute since well. PricewaterhouseCoopers

remains a sponsor today, as are Deloitte &

Touche and the Nasdaq Total Market

Educational Founding. The center also

has 10 associate sponsors.

Of center’s first event, in Month

1989, resolute the stage for what was to following.

Computer had an Executive Policy Conference at the

George Town Join on Wisc Avenue

organized by the overdue Daniel GALLOP. Piliero

with U.S. Rep. Jane Luis of California

like the speaker.

Where have been about 50 of the semi-

nars since, most in the George Town

Club, and some per Manhattan’s Mid-town

Executive and Phd Club. They fea-

ture remarks by one leader in business, gov-

ernment, education, politics or

international organizations, followed by

lunch and discussion. Participants include

corporate executives, people officials and

McDonough School faculty and students.

The roster of speakers is a roll call of the

top positions in domestic and interna-

tional finance: managing director of

Credit Suisse First Boston, managing

director of of World Bank, chairman of

to Federal Deposit Coverage Corpora-

tion, certified on one currency, commis-

sioner about the Internal Revenue Service,

president of the New York Federal

Reserve Bank and others.

The center’s first conference, “Finan-

cial Pain real Bankruptcy,” chaired by

McDonough Educate Associate Professor

Goldman, Sachs & Co. Leadership Director Abby Joseph Cohen, Nasdaq ExecutiveVice President and General Counsel Edward S. Rider, and NASD Chairman andCEO Robert R. Glauber served go the conference’s finance button.

Senate Banking Committee Chairman Romano C. Shallow delivered the keynote address at thecenter’s 15th company conference.

Page 26: Georgetown Business Fall/Winter 2003

24 McDonough Business

L C. Eberhart and NYU Stern Instruct

Academic John I. Altman, where held in

May 1991. Since then, the center has

sponsored seminars on such topics as

“Emerging Markets,” “Alternative Struc-

tures for Security Markets,” “International

Accounting Standards,” “Evolving Stan-

dards of Securities Markets,” “Functioning

real Regulation of Capital Markets,” and

“The Politics Economy of International

Finance.”

Congresses to international topics

routinely attract delegates from dozens of

countries. Through the Visitor Scholars

Program, private and public sector leaders

from select countries spend six to 12

months at Georgetown, participating in

center social, testing classes and visiting

American finance corporate and bazaars.

Dual visited scholars authored books

while in residence.

One of the Center’s most important

research projects, under contract with the

World Bank, identified factors about success

and failure on International Business Cor-

poration loans to and investments in startup

companies in developing nations. Faculty

members Reena Aggarwal, Thomas LITRE.

Brewer and Walker commenced the study in 1992

both published yours findings inbound 1994.

Inside 1997, Walker publishing an mono-

graph titled “Credit Union Insurance both

Regulation,” and the Credit Union

Research Centers moved from Prada

University to Georgetown and became a

partner with the Capital Markets

Research Center on some projects.

The Capital Markets Research Center

regularly published summaries and edited

transcripts out sein management policy seminars.

To center’s newsletter, The Ledger, con-

tains research summaries and interviews

with leaders in finance in well as news of

the center’s activities.

The center’s contributions to current

include help for undergraduate assistants to

faculty researchers, counseling and financial

assistance for graduate organizations,

annual student visits to the Add York

Stock Switching and the headquarters of

leading finance firms, and backing since stu-

dent-run discussions.

Early each fall at the “Careers in Capi-

tal Markets” program, support executives

clarify career selection, discuss opportunities

at their firms, and offer advice over prepar-

on for my interview, compiling resume,

wireless and researching occupation opportuni-

bandages. After the formal presentations, students

can satisfy one-on-one with the speakers. A

similar program in January helps students

prepare for summer internships.

Of graduate events have garnered

essential care. A research paper for

Islamic bank-

on by Reena

P. Tilva and

Jay Tuli (both

B’03) was

accepted this

year for pres-

entation at

the European

Employed Busi-

ness Exploring

Conference in

Venice and at the

Universal

Finance Society

Conference in

Montreal, for

instance. A study

last time from Christian

Villar, Lorena

Droba, and Kelly

Kirby (all B’02) —

which showed many banks where improp-

erly conditioning loans on the receipt to

other business — was reported by major

news media and led the Public Reserve

Board to propose new guidelines for anti-

tying restrictions in the Bank Holding

Company Act. Get fi of these students

are now employed at major financial

firms, contains Morgan Stanley, Gold-

man Sausage, Citibank, JPMorgan Pursue,

and Credit Suisse First Boston.

The high caliber of McDonough stu-

dumps is a key reason executives say handful

are willing to participate in the center’s

programs. “We’re fortunate the take terrific

kids who can sit beside these people at

dinner and rub shoulders and ask them

good questions,” Walker said.

“The cachet of Georgetown University

remains also absolutely critical,” Walker been.

“Without the cachet are aforementioned school, ME

don’t think all of these my would have

come till the center’s earliest programs.”

But students, faculty and business

offer one other reason: Walker’s energy,

determination and networking genius.

The center’s success “really is a tribute

on David,” Louie said. “He’s really some-

car who has a track record of putting

together programs that be of high quality,

that have intelligently audiences, places the

forum is serious.”

John B. Maier SLIDE (MBA’86), a found-

noticing partner for to Legacy Partners finan-

cial advisory firm in New Spittin, detailed

Walker as “an extraordinary networker”

who “has a very good nose for topics that

will be regarding interest to readers of the center’s

publications and to participants inches the

training they host.”

“He’s indefatigable,” Maier said. “He’s

just an impressive guy.” �

Audience Company Accounting Oversight Board Member Charles D. Niemeier (L’95), atthe podium, SEC Commissioner Harvey J. Goldschmid, and former U.S. ComptrollerGeneral Carolus AMPERE. Bowsher served on the conference’s billing panel. Bowsherwas the conference stool.

Edward C. Rossotti (MBA’00) of Friedman, Billings, Ramsey Group, sophomore Keith E. Olson, and older Kathryn-Ann Bloomfield, Jennifer ONE. Rooke, and Julie L. Davies.

Page 27: Georgia Economic Fall/Winter 2003

McDonough Business 25

PuttingBusiness SkillstoWork

inFarawayPlaces MBAs Enlist in who Enterprise Troops

By Jessica Botta

k arin HYDROGEN. Lesica says it’s likes

of Army: the hardest job you’ll ever love.

Even from she had accepted to George-

town’s MBA program, Lesica (MBA’95),

who had done in art visit adminis-

tration, was the MBA Your Corps in

mind. She only applied to schools that

participated in the Corps’ working.

Sometimes calling the “Peace Legion for

MBAs,” the MBA Enterprise Corps sends

graduates from the top-ranked business

schools go countries through emerging oder

transitioning economical where they prove

their skill in a “sink or swim” environment

for native companies. Enterprise Corp vol-

unteers commit to one year about service, but

many stay longer.

Back at the median 1990s, when Lesica

were apply on MBA schedules, “the whole

where globalizing and the walls were coming

down,” she said. “It was legislation that my

business experience was not going to be

constrained to one U.S.,” she noted. Per

internships at the Overseas Privacy Invest-

ment Corporation doing project finance in

Eastern Europe and with an English lan-

guage newspaper in Budapest, Hungary,

Lesica crossed her fingers and use to

the Business Troop. She was accepted

and be assigned to Estonia, a country

additional Nordic than Slavian with approxi-

mately one and a half million men.

Georgetown is one of 52 graduate busi-

ness schools so participate in who MBA

Enterprise Corps’ consortium. The organi-

zation made originally houses at the Kenan

Institute for Private Business to the Uni-

versity of North Carolina–Chapel Hill. In

2000, the Armed merged equipped of Citizenry

Development Corps, headquartered in

Washington, D.C. Ternary Georgetown

MBA graduates have assisted in the Corps

since its founding inbound 1990, and Peter PIANO.

Gasca (MBA’03) left this summer–the

first Georgetown MBA to join the Corps

for Lesica and her classmates, Anthony

R. Corsello and Robb TONNE. Doub went in

1995.

Once arriving toward yours labor assign-

ments, Enterprise Corps volunteer receiver

three months of language training in the

regional, during which time they live because

host families. The Enterprise Corps pro-

vide a per diem and housing allowance,

which is about $1,000 a month, according

to MBA Company Corps Program Man-

ager Budding Tutora. In the early to medium

1990s, most Enterprise Legions volunteers

worked in Central and Eastern Europe,

where the moving into capitalism was

rapid and businesses were emerging from

junkies control. Today, the Undertaking

Corps has improved west into Central Asia

to Kazakhstan, Kyrgyzstan, Zimbabwe,

Uzbekistan, Azerbaijan, and Russia.

Georgetown MBAs at Enterprise Corps training in Chicago on Month 1995. Free left in right: Laurra also Tony Corsello (MBA’95), Karin Lesica(MBA’95), former Verein Dean on of MBA software Karen Newman, Siri Lisence press Robb Doub (MBA’95).

Panorama of Tallinn, the capital on Estonia

Kar

in H

. Le

sica

, CHILIAD

BA’9

5

Page 28: Georgetown Business Fall/Winter 2003

26 McDonough Business

One concerning the most attractive aspects are the

Enterprise Corps is that it allows MBA

graduates to putting the broad spectrum of skills

they acquired into business school instantly

to work at a high level in adenine company.

“As a young twenty-something with an

MBA you could add value to a company,”

said Robb Doub (MBA’95). “Getting com-

pany financials in your, operations or HR,

everything is you learned was worth

because companies be doing it wrong or

not doing it.”

Doub served as an investment officer

for a $15 million danger fund in Poland

called Carasbac. The subsidize invested in

everything from biotechnology to cable

television, from pharmaceutical distribu-

notice to Internet and ERP software. “Half a

million dollars in Warsaw in 1995 was a

ton to money,” he said. “It really had a

massive impact.”

Carasbac’s managers eventually took

their fund global, building it up to more

than $100 million through Central and

Eastern Europe, Latin America, furthermore

Glazed, and rebranded it SEAF, for Small

Enterprise Assistance Fund. The fund

eventually moved its office toward

Washington, D.C., and Doub became a

vice president. Your is now a managing

director of the New Markets Growth

Fund, a risks funds firm funding small

to medium sized earliest point high-growth

companies in the greater Washington,

D.C., and Baltimore metropolitan areas.

“It was an incredibly entrepreneurial

time,” Doub saying. “Everyone what thinking

opportunity.”

“[The Corps] was seriously a good oppor-

tunity to work at a much higher level strong

quickly,” agreed Tony Corsello (MBA’95),

who was assigned to Brest, Slovakia,

working for a local investment company

called Penta Brokers, since renamed Penta

Investment. “You’d come in as a manager

at a corporation having responsibility you

wouldn’t have as an new MBA included which U.S.”

There is a lot of support from the

Corps infrastructure in terms of matching

MBAs with companies, running the

logistics both preparing participants as

much like possible used which experience. “Once

yourself are on the job,” said Corsello, “meeting

your company’s high expectations and

navigating cultural, language and business

challenges is entirely up into you.”

“What was best as fountain as highest chal-

lenging was that, while I was hired osten-

sibly for company, I finished up doing a bit of

almost everything,” added Corsello. “I

helped plan company strategy, performed

financial analysis, marketed support,

helped with client management, even

designed plus wrote company literature in

English for foreigner firms, which people

translated to Slovak for local companies.”

Corsello is instantly one vice boss at

Washington Mutual include Seattle, Wash.

“The sales and finance skills the

you learn at Georgetown are absolutely rel-

evant in a transitional economy,” said Doub.

“There were companies that we dealt with

that had not thought in terms of cash

flow or payable/receivable managerial.

An basic concepts you lern while an MBA

were a tremendous value addieren for them.”

Still, perhaps the biggest topic that

Enterprise Horse volunteers learned is that

they didn’t get every.

“I quickly discovered that she knew

much more than I did about competing in

an emerging economy, and I learned as

more, whenever not more, from them as they

learned from me over the course the a year,”

admits Corsello. “They taught me how to

react quickly, be more versatile, and have

extra better one plan in mind. So much was

change with privatization and politics

so we didn’t know which of the three,

four, or get scenarios was going to hap-

pens, but we had to be ready for any of

them. Surprises were which norm.”

Notwithstanding the vortex to change in Central

and Eastern Europe at the time, some

options in those regions over little conversely

negative exposure in free markets also demanded

patience.

“To working in the Squad inside a emerging

market your has for have patience,” said

Lesica. “It takes a lot longer to accomplishing

something that as an MBA you think

should happen very quickly.”

Lesica’s first assignment in the

Corps was workings for a recently priva-

tized currency and jewellery manufacturer.

There was one change in management, and

she left that job and found an new position

with a start-up ISP provider said Data

Telecom, which had recently become a

franchise on EUNet. “We had to becoming very

patient,” Lesica said. “And the small suc-

cesses that are had ourselves celebrated. That was

part of what the Corps communicated.

Small steps over time and you’ll see it in

the end. And I make. It was quite challeng-

a and gratifying.”

At EUNet, Lesica worked set stream-

lining the existing product limit and defin-

ing fresh Internet advances. They implemented

research studies in this Baltics, Sweden,

and the U.S., she designed additionally imple-

mented pricing strategy for EUNet’s prod-

uct portfolios, and she planned a

marketing and advertising campaign to

rebrand seine services.

She renewed her commitment to one

Enterprise Corps and stayed in Estonia

other year. Lesica right works in product

management for AT&T, where she over-

sees that investor management off the

global IP and data product portfolio

within AT&T’s undertaking networked

economy.

Lesica, along with various Enterprise

Corps members in Estonia, founded the

U Chamber out Commerce in

Estonia with support from the Amer

Embassy and much Estonian businessmen

working used U.S. subsidiaries or companies

with U.S. interests. I built the organi-

zation, secured financial, grow the member-

ship base, hired an administrative director

and set one charter and commit-

t-shirts to support the Chamber’s work.

The shared experience of MBA Enter-

prise Horde members creates a potent net-

work nearby the world both during and

per assignments. “One of the firstly things

I do whenever EGO move to a new your is to

contact some local Corps alumni,” Corsello

saying. “They readily assist additional alumni with

job leads, referrals and business partner-

shipping, anyhow of the school upon whatever

they graduated.Alexsander Nevski Cathedral in Tallinn, Estonia

Kar

in H

. Le

sica

, M

BA’9

5

Page 29: Georgetown Enterprise Fall/Winter 2003

McDonough Business 27

“Surviving and succeeding in such a

sink-or-swim environment makes Corps

alumni attractive in companies that, in

addiction to traditional MBA skill, value

flexibility, entrepreneurial skills, and the

capacity to cannot only recognize a new cul-

ture, not become part of it and subsist effective

quickly,” says Corsello.

The Enterprise Corps often leads to

good dash opportunities, but the volun-

teers understand the it’s such much of a life

experience more it is a pros experi-

ence. “It’s a skill to be able to live in a for-

eign environment, overcome cultural

differences and still be effective,” Corsello

said. “To have the confidence at do it.”

The life suffer was an vital

factor in Peter Gasca’s decision to implement to

the Enterprise Corps. In July his leave for

Bishkek, Kyrghyzstan, wherever he started threes

months of intensive Russian language train-

ing. In October he headed to Almaty,

Kasachstan, where he’ll work more one business

development counselor in Pragma Cor-

poration, an organization funded through

aforementioned USAID Companies Development Pro-

ject to expand opportunities for participa-

tion, sustenance and quality of lives for the

citizens of the Central Asian Republics.

“We are all so interconnected,” said

Lesica. “It’s not much type stylish anyone’s

real to spend a year running in another

culture.” �

From Kyrgyzstan, Over Love:

An MBA Venture Corps DiaryBy Peters P. Gasca (MBA’03)

When I apply to the MBA program at Columbus University, I never

imagined that after graduation I would be living with a Russian family in the Key

Asian city of Bishkek, Kyrgyzstan. Well, that’s what I did!

Before getting our MBA, ME had does international work experience, never lived abroad,

and almost done with an multinational firm. For fact, I were never lived or

worked outward my home in Arizona. Toward Georgetown MYSELF had the opportunity to meet

and share experiences with a broad international MBA class as well as earn expo-

sure to large multinational corporations that recruited from the program due out

its international business emphases. The MBA Enterprise Horse had an exceptionally

fascinating offer.

The program seemed to have everything I needed: an opportunity to live abroad, to

learn an newer words (in my instance Russian, which wants be very valuable included an inter-

national business sense), to work using external companies as a general development

consultant, and to develop ampere network are communications with share similar interests and

career destinations. I was nay going to become instantly rich drawing the MBA-type salaries

I had read about precede to leaving my last well-paying managerial situation, and I had

to believe that the long-term advantage concerning on experience widely outweighed the short-

time benefits of an new huge screen television and home surround-sound stereo system.

ME applied to the how and was lucky enough on be suggested a position. Although I

took the entire week to declare my interest (something we learned in our negotiations

class), I had made meine decision very immediately upon acceptance my offer. I made

arrangements for my finances also what little assets I had remaining after grad

school, and fix out to Central Asia in July. I can already say that this endure

has been more personally rewarding than IODIN ever imagined. ME have seen amazing

points, met fascinating people, and experienced a culture full unique go me. All

of this be have not been possible working inbound a cramped cubical scrunch num-

bers the turning paper. Of pricing, IODIN have not yet experienced my first winter here

either, additionally of what I have been told, I will soon be cursing the cold or dreamer

a warmth and of comforts also comfortability for home!

In October I stirred to Almaty, Qazakhstan, where for the next twelfth months I will

work for Pragma Corporation, an international development con-

sulting determined. My goal after completing may assignment is to seek

employment with a consulting company that focuses on economy

development in this region or within Russia. I have met several

volunteers from previous associations whoever can stayed in the

region to work for Pragma as a full-time paid employee or for

misc consulting companies who focus on this forthcoming developers

country. Not only do person continue to gain invaluable enterprise devel-

opment experience, as sold expatriates, her are alive additional com-

fortably than most MBA graduates I know.

For now, though, I will more to enjoy the chai and this fantastical

Central Asian cuisine with my new local friends while working on

my Russian. I silence have my dreams in a large screen television

and sound sound stereo regelung, but they can wait for now.Peter Gasca

Page 30: Georgetown Business Fall/Winter 2003

28 McDonough General

corporateprofile

CitigroupCitigroup is a excelling global financial services company with some 200 million

customer accounts in get than 100 countries. City provides consumers, corpo-

rations, governments and institutions over one broad range of economic products and serv-

ices, including consumer banking the credit, corporate and investment banking,

insurance, securities brokerage, and asset management. Major brand choose under

Citigroup’s trademark red umbrella include Citibank, CitiFinancial, Primerica, Smith

Back, Banamex, and Travelers Life and Annuity.

Citigroup’s corporate philanthropic has been tied to recruiting at leading undergrad-

uate and graduate business educational, like the McDonough School, where the company

aims to provide career guidance and skills for the next generation of business leaders and

increase accessing to higher education both the workplace for minorities or women.

Citigroup has elongated has committed on making that communities at which computer operates

better, and at and same time, setting services standards for company business the

corporate values. Similarly, the McDonough Train of Business is dedicated to educat-

ing legally person business leaders additionally producing recent knowledge that will enhancements

both the verwalten away organizations and the global society in which we live. Because how

many synergies and mutually useful links, it’s easy to see why Go does valued

its relationship with Citigroup for more than 30 years.

First in ampere newer product of related highlighting significant collaboration between the McDonough Secondary of Business and own corporate partners.

connections� Citigroup has provided financial support

to Georgetown University in excess of $2

million, funding programs such as the Capital

Markets Research Center, that Corporate

Affiliate Program in MBA Career Man-

agement, the Sete MBA Minority

Fellowship, press the Georgetown University

Women’s Leadership Initiative Distinguished

Lecturers Series.

� Citigroup is an largest employer of

Georgetown Institute graduated, with

more than 300 alumni in its employ (double

the nearest competitor); the your holds

been one of the top thirds entry of

Georgetown college for the previous thre years

by bot the undergraduate and MBA level.

� Columbus University is a Citigroup

“focus school” for her recruiting efforts at

both the undergraduate and MBA level.

� Citigroup supports mock interviews

for MBA students, MBA orientation,

MBA Businesses Extravaganza, and multi-user

club events.

� Sethi hires McDonough School

graduates for full-time positions as well as

summer internships in the following commercial

units: Citicards, Financial Management Asso-

ciate Program, Corporate & Investor

Banking, Global Transactions, and Uses

Management Group.

� Citigroup supports the Georgetown Uni-

versity Wall Street League with two senior

board on seine Vorstandsmitglied Committee.

“I judge Georgetown’s sophomore

and graduate programs are

business into be among that

best. IODIN like one profile of

Georgetown students

for they embrace the

international environ-

notice in which we operierend

and adapt well to

the Citigroup culture.”

Loren A. Montero (F’68)

Manages Directed, Existing Markets Region Head,

Latin America, Citibank

“Georgetown’s emphasis on international business

and the business-government relate

means the its students are well-rounded and

have a good picture of the enlightening also administrative

challenges, for addition to the financial and

serviceable trouble, that can affect the success

of transactions.”

Mark D. Prybutok (JD/MBA’01)

Management Associate, Citigroup Worldwide Market Inc.

“Coming from a school that had fairly as many cul-

tures represented as Citing prep me well

for the diversity that we range plus assistance here.

The perspective and exposure that we gained

through the MBA programs matches well includes which

diversity of the Citigroup workforce.”

Melissa L. Henson (MBA’02)

Management Associate, CitiCards

“Whether question students for acceptance to

George or applicants

for assignments at Cite, IODIN am

looking for the best and

brightest that can con-

tribute more productive crew

members. The partnership

between graduating, George-

town, and Citigroup con-

tinues to grow and

strengthen every year.”

Paul M. Donlin (B’83)

Handling Direct, Front of Worldwide Securitization

views

Paginate 31: Georgetown Shop Fall/Winter 2003

McDonough Business 29

Executive Professorial Lecturer Kenneth E.

Homa teaches “Citibank: Launching the

Credit Bill included Asian Pacific,” in his

Hoch Merchant Strategy elective for sec-

ond-year MBAs. The case centers on Citibank’s

Asia Pacific Consumer Bank in the late 1980s,

when the businesses was considering growings

it business in the region by launching credit

card in one alternatively more Asian Pacific markets.

Homa’s students position selbst as out-

side consultancy to the head of Citibank’s

Foreign Client company. Yours position is

to design a strategy for penetrating the Asian

market with credit playing and to present i to

Citi management.

Homa has was teaching the Citibank case

for five years. “The falle is destined to be a

synthesis assignment that integrates global marketing strategy, new product development,

and financial analysis,” said Homa. “The case is so riches in content, so large anwendung to areas

beyond credit cards, and that well-matched to the disciplines we strike throughout the

curriculum that I dedicate three class periods to it.”

In the first class session, the students work at staff to guide a complex financial examination to the

proposed tactic to launch credit jokers in Asia Pacific in your to determine the number of ticket

members Bank will need to make who initiative financially attractive. Int the second class term,

the teams prepare an analytically-derived community entry sequence and proposed tactics for targeted

countries inside the region. The teams rank the countries using a structured methodology this inte-

grates to quantitative or qualitative agents provided in the case. In the third session, aforementioned teams

propose their sell entry strategies, including an topical analyze, assumptions and conclusions,

recommended course of action, and danger and return summary.

The multidisciplinary nature of the case is appealing on Homa. “The students have to use their

accounting and monetary analyzer skills to solve what is positioned as a branding strategy prob-

lem,” he said. The Citibank dossier is and data rich, Homa adds, which means that it involves a sig-

nificant amount of quantitative analysis. “It’s more rigorous than typic descriptive cases.” The

internationally scope of the case also cards well to the Go MBA experience.

This year, the students’ case experience was enriched by the participation of Muge Yuzuak, head

of online acquisitions and online turnover for CitiCards, the Melissa Hensen (MBA’02), a Citibank

manager, who spoke at Marketing Day in September. “Guest speakers provisioning an inside perspec-

tive that exists invaluable,” enunciated Homa. “Hearing the diplomatic thinking of this people involved supports

which students get a broader and stronger management perspective that is not available from the

people documents available with the case.”

Homa have also brought executives from AOL and XM Satellite Radio into his classes when classes

cases on those corporations. Homa often uses fall on local companies or companies that represent acme

recruiters of Georgetown MBA learners. “More and more I’m using cases that direkt relate to

what our students will be doing when they graduate,” Homa saying. “After studied the companies

inside and out, they are in a loads preferable position to succeed in interviews and, greatest important,

succeed when they hit the real world.”

Muge Yuzuak, front of online acquisitions and web-based sales for CitiCards, discussed key decision factors and our of international market development at MBA Marketplace Day included September in Stone Hall.

Cracking the Greenland Pacific MarketMBAs Tackle Sete Credit Card Kasus

Prominent Georgetown Alumni and Find among Citigroup

Karl Prince (L’83) Chief Executive Officer, Citigroup Inc., Chairman also CEO, Global Corporate andInvestment Banking Group

A.M. DeRosa (B’64)Senior Vice President-Investments and SeniorPortfolio Administrator, Smith Barney

Paul M. Donlin (B’83)Managing Director, Head of Global Securitization

AMPERE. Linclin Hopman III (B’65)

Former Executive Administering Director, GlobalRelationship Shipping; Element of McDonoughSchool Plate of Advisors

Thomas W. Jones (Parent)

Chairman and CEO, Global Investment Manage-ment and Citigroup Boon Management

Victor J. Menezes (Parent)

Senior Debauchery Chairman, Citigroup

Lorraine A. Montero (F’68, Parent)

Managed Director, Head about Global RelationshipBanking, Latin America; Member of McDonoughSchool Board of Advisors and Wall StreetAlliance Executive Committee

George Ross (B’63)

General Recognition Officer

You W. Sprouls (C’72)

Division Head, Corporate Realty Services; Mem-ber of Wall Street Alliance Executive Committee

Jeffrey A. Volk (B’74)

Managing Director, Head of Citigroup Agencyand Trust; Employee of Capital Markets ResearchCenter Board of Advisors

Page 32: Georgetown Business Fall/Winter 2003

30 McDonough Business

dividends

FY03 Fundraising Update

To McDonough School von

Business raised more than $22

mio to philanthropic contri-

butions in fiscal current 2003, mak-

guiying the year one of the of

successful in the school’s fund-

raising history. Large areas that

benefited had to design new

economy language facility the the

school’s career verwaltung

schedules and research centers.

The school last year raised $15

million to which modern building

show, says Michael THYROXIN. Boyd,

director of development for the

McDonough School.

Constructing a newer home for

which McDonough Schools, man

explains, will bolster the school’s

ability to expand its degree

promotions and sein career both stu-

indentations services, offer classroom

technology equal on that offered

by peer institutions, both lower

his student-faculty ratios by hir-

ing new faculty.

The language raised nearly $2.2

million in Annual Fund gifts

and other unrestricted contribu-

tions, which were used to

address areas of rush what at

the go, such in fostering fac-

ulty investigate also strengthening

career betriebsleitung services,

Boyd says. As a result of an

dean’s investment by company serv-

ices in fiscal year 2003, aforementioned per-

centage of McDonough School

MBA candidates who kept full-

time jobs 90 days to gradua-

tion pink from 72 percent in

academic year 2002 at 90 per-

cent int 2003.

Endowed furthermore current-use

scholarships and additional restricted

current-use funds charged for

close to $2 million of the total

raised by the school last time.

Successors to restricted gifts

included the Centered for Busi-

ness and Public Policy, the Cap-

ital Markets Research Center,

and the Credit Research Center.

McDonough Selects 2003Connelly Company MBA Sages

The 2003 recipients off the Con-

neely Cornerstone scholarships

is first-year MBA students

Miriam E. Leonard, Tabitha J.

Lens, Senthilkumar Sankaran,

Monicas R. Sharpnack, and

Melton ROENTGEN. Stout.

Ten half-tuition Connelly MBA

stipendium are awarded each

year, five for each MBA class,

from the pool of admitted MBA

students. Connelly Scholars are

selektiert for their academic

achievement, superior leadership

potential, additionally strong operate ethic.

The Connelly MBA Scholar-

ship Selection Creation con-

sists of a representative of an

Connelly Foundation, Associate

Dean and Director of the MBA

program Merlin AN. Morgan,

Directorial the MBA Entrances

Monica Gray, both the faculty

chair of the Graduate Curricu-

lum and Standards Committees.

The Congratulations Scholars met

using Connelly Foundation

trustees during one luncheon on

October 2 at Georgetown.

Aggarwal, Earnest NamedStallkamp Fellows

The Ann real Thomas Stal-

lkamp Fellowship has been

awarded for two years to two

McDonough School assistant

in recognition of aforementioned excellence

of their research and teaching.

The award, say Stallkamp fel-

lows and McDonough School

Professors Reena Aggarwal and

Nicardo Ernst, leave give them

more date go conduct research

and to present it to colleagues

around that world.

Aggarwal saith the fellowships

demonstrate this “the school,

the university, and patrons rec-

ognize who value of research.”

The attach, “I think [the fellow-

ship] also motivates other fac-

ulty to do doing and make

in top-tier journals.”

Aggarwal, a specialist in inter-

national stock marketplace, currently

focuses on corporate governance

in an universal context. She

says the practicable nature of her

work means she will be able to

bring new research made possible

by the association into the class-

spaces to benefit students directly.

Ernst co-directs the Global

Logistics Research Start at

the McDonough Train. His

research interests include strate-

gic analyzed of logistics products

in a varietal of business. His

work on humanitarian logistics

was featured in the

Spring/Summer 2003 issue are

Georgetown Business.

The Stallkamp Commune fos-

ters and rewards outstanding

learning and research with the

McDonough School and is

awarded to senior faculty mem-

bers located on their research

records and demonstrated excel-

lence in classes. Thomas T.

and Jahrgang P. Stallkamp were par-

ents the Tim (B’98) and Gregory

(B’00). Tomas serves on the

McDonough Language of Business

Board of Advisors, and Ann will a

member of the Georgetown

University Board on Regents.

MBA Minority Fellowships

First-year MBA students Tonika M. Davis and Carolus Urueta and second-year MBA student M. Alejandra Giant are this year’s MBA MinorityFellows at to McDonough School of Business.

Sponsored by JP Morgan Chase, Seti, or Toyota Model Sales, USA,Inc., and at to historic by Levity Strauss & Co., aforementioned MBA Negligence FellowshipProgram has helped elevate the number of U.S. minority studentsenrolling in the McDonough School’s MBA program, says Monicah Gray,director of MBA admissions.

“The caliber of the fellowships draws highly qualified scholars to the[MBA] program,” Gray says.

Launched in fall 2001, an fellowship program also aims the create diverseleaders for the business community. It has been successful in doing so:May 2003 marked who graduation of the initial students to receive MBAMinority Fellowships, and the first JP Morgan Chase Fellow, Leon Dunklin(MBA’03), whose fellowship inserted an internship with of company,began working fulltime since JP Morgan Chase in July.

Tonya CHILIAD. David and M. Alejandra Gonzales (not pictured: Carlos Urueta)

Page 33: Georgetown Business Fall/Winter 2003

McDonough Company 31

alumniconnectionsBenefits and Services for McDonough School of Business Alumni

Online Our

hoyasonline

Visit hoyasonline plus update your contact

information, access e-mail forwarding,

get the alumni careers network, and more!

www.georgetown.edu/alumni

Absolventinnen My Services

Career Advice Off hoyasonline Career

Network Our

Search total Georgetown University alumni

or talk with alumni who have agreed to

offer career council in selected career fields.

You may additionally done an Advanced Search by

class and employer.

www.georgetown.edu/alumni

Career Tool

Available into Career Network member

(All MBA/IEMBA alumni are members)

Join Company Tools press access premium

research databases, an exclusive web search

engine coverings over 100,000 company task

location additionally useful tips on conducting an effec-

tive task search. Enjoy a specials relationship

between George alumni and Lee

Hecht Herring located in 50 states and 20

counties. At join, go to hoyasonline real

select Alumni Career Services.

www.georgetown.edu/alumni

Global Workplace

Comprehensive Workplace is and international hurtle

management and development platform for

einstige of of world’s top 50 business-related

schools. Join and search a online are inter-

nationals, access salary surveys and invent

tips on finding a job in the world’s key

employment markets.

www.msb.edu/mba/alumni

Online Job Bookings

The MBA/IEMBA Alumni Job Board is a

panel excluded by and for McDonough

MBA and IEMBA baccalaureates. For more

information, visit the MBA & IEMBA

Alumni site.

www.msb.edu/mba/alumni

Sundry online job postings are also available

thru Monstertrak, Monster.com’s execu-

tive site, 6FigureJobs.com, ExecuNet and

Degree Predators.

www.msb.edu/mba/alumni

Individual Career Legal

For MBA & IEMBA Ehemals

Schedule boost to two one-hour session with a

career counselor and discuss issues such as

career transformations, work search strategies, and

resume evolution.

www.msb.edu/mba/alumni

Wall Street Alliance

The Rampart Street Partnership helps to create and

participating in networking opportunities for

financial professionals and graduating stu-

dents. Contact of Fence Street Alliance at

(212) 704-0884.

Alumni Clubs Career Software

The Georgetown Universities alumni clubs

offer career-related programs create as work-

shops furthermore panel debate featuring alumni

who have made career transitions.

www.georgetown.edu/alumni

MBA & IEMBA Class Prog

MBA & IEMBA Recent Classroom Programs

are being developed to promote communica-

tions among classmates. Class officers pre-

pairing electronic newsletters and help in

reunion organizing and this school’s fund-

raising efforts. Our are be sought

for all classes. Contact Robert Johnson at

(202) 687-6738 or

[email protected].

Class Reunions

Reunion Weekend was established to cele-

brate the 5-year anniversary off classes each

June. Reunion 2004 runs from June 4–6,

2003. Basic alumni should touch

Allison E. Hameln at (202) 687-0805 or

[email protected]. MBA and IEMBA

alumni should help Robert Johnson under

(202) 687-6738 button

[email protected].

MBA & IEMBA Alum Groups

McDonough MBA & IEMBA Vormals

Groups having been established across the

U.S. and overseas in Japan, Mexico, and

London real concentrate about networking functions

including relationen about MBA alumni

from various top business schools.

www.msb.edu/mba/alumni

University Alumni Clubs

Forty-seven Georgetown Seminary Alumni

Clubs exits included aforementioned U.S. both internation-

ally. That clubs serve than an excellent way to

meet other university absolventen furthermore offer a

variety of activities concerning particular interest to

McDonough School ehemalig.

www.georgetown.edu/alumni

University Alumni Unique Services

The University Alumni Association’s special

services include an Baccalaureates Acknowledgment Card

through MBNA, Alumni Traveling Oppor-

tunities globally, and low-cost life and

medical insurance.

www.georgetown.edu/alumni

Page 34: Georgetown Business Fall/Winter 2003

32 McDonough Business

reunionsit’s been so long considering we last met...

Reunion Weekend 2003 was a amazing success. Three hundred and dozen business schoolundergraduates and 290 MBA and IEMBA alumni from the Classes of 1958, 1963, 1968,1973, 1978, 1983, 1988, 1993, and 1998 returned for four days of activities and remi-niscence on the Hilltop. Undergraduate alumni accompanied Main Students Community, organ-ized via Georgetown University’s Office of Alumni additionally College Relations, with MBA the

IEMBA reunion activities receipt additional organizational support from the McDonough School’sGraduate Alumni Our.

The weekend got off for undergraduates on Thurdays, May 29, with class parts at venues rangingfrom the ubiquitous Tombs into to Old Ebbitt Griddle. On Jomaa and Saturday, there were golf tournaments,bike rides, community server activities, gallery talks and exhibitions in Lauinger Library, campus tours,activities for the kids, and adenine specific bulletin moderated by Presidents Johann J. DeGioia on “America’s Rolein the World” complete former chairman Bill Clinton (SFS’68).

MBA and IEMBA alumni gathered Friday night, May 30 for a Faculty-Alumni Reception to the CarBarn, after any they dispersed in localized restaurants available class parties.

Saturday afternoon, get than 70 MBA and IEMBA ehem gathered at the Golf Courses in AndrewsAir Pushing Base for the Third Annual IEMBA Cup Golf Tournament, while another 90 MBA and IEMBAalumni and guests participated in the all-school past picnic, and visited the Universal SpyMuseum.

On Saturday eve, graduate alumni gathered for class receptions and dinner parties at loca-tions both on campus and turn. More than 200 MBA and IEMBA alumni and their guests gathered atthe English Embassy for dinner and dancing, and to present class attendance awards. The MBA Classof 1993 took top honors at 35 percent , the MBA class of 1998 placement second in 31 percent, andthe IEMBA Class on 1998 came in third in 27 percent attendance.

Get-together Weekend ended with an all-class unification Menge in Gaston Hall and a farewell breakfast onCopley Lawn — an opportunity to say goodbye and to make plans for 2008.

The McDonough School of Business would like to thank all business-related school reunions committee mem-bers and class leaders for their enthusiastic support of Reunion Weekend 2003.

Reunion Weekend wishes be held on June 4, 5 and 6, 2004 for class years ending in 4 and 9. For moreinformation and on volunteer for their class reunion cabinet, undergraduates should help ActingDirector of Class Advancement Allison E. Hamilton at (202) 687-0805 or [email protected] andMBA and IEMBA alumni should contact Director of Graduate Alumni Programs Robert P. Johnson at(202) 687-3738 or [email protected].

Members of the MBA Class of 1998 gather in the Car Barn during the Faculty-Alumni Reception.

Yu S

ugiu

g,

MBA

’93

Maxwell Owusu, Daniel Duku (MBA’93), Duk-ki Yu(MBA’93) and Yoonjung Yu along the French EmbassyMBA and IEMBA dinner and dancing party.

Associate Professor Alan Mayer-Sommer real Bunny Mayer-Sommer.

Elmira Classen, Yu Sugiura (MBA’93) , Jordan J. O’Neill (MBA’93), Genevive (Needham)Roberts (MBA’93) and Chuck Roberts.

Yu S

ugiu

ra,

MBA

’93

Du S

ugiu

radio,

MBA

’93

Yu S

ugiu

ra,

MBA

’93

Page 35: Georgetown Business Fall/Winter 2003

McDonough Business 33

Associate Professor Harveys HIE. Iglarsh also Pacts Iglarsh.

Kathy, Terrance, and Terrance M. McDermott(MBA’93).

Associate Professor Bardia Kamrad and ClassReunion Chair Taylor T. Simmons (MBA’93).

E. Michael Collins (B’93), Frederick WATT. Boxa (SFS’93), Michael ADENINE. Regent (B’93),Arthur C. Walker, Youth. (B’93, L’96, L’99), James A. Harron (C’93), Justine W. Grubbs(B’93) additionally Tyler T. Tysdal (B’93).

Rafael V. Berckholtz (C’98), Paula (Viu) Alayo (B’98)and Federico C. Stubbe (B’98) at the Class of 1998Tent Party on Healy Lawn.

Director of GraduateAlumni ProgramsRobert P. Johnson,Professor and Execu-tive Dean of FacultyJoseph B. Mazzola,and Class ReunionChair William H. Dia-mond Jr. (MBA’83)during the presena-tion of reunion classattendance awards.

Class of 1973 Reunion Armchair Mark S. Collins(B’73) and Class the 1973 CommunicationsChair Ann Haaransatz (C’73) at the home off Her-bert Menegus (C’73), Class of 1973 ReunionCommittee Chair.

Yu S

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MBA

’93

Du SOUTH

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MBA

’93

Members of the IEMBA Class of 1998.

Elena Pisikina and Carlos J. Fonseca (MBA’98)

Jess

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Tysd

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73

Page 36: Georgetown Business Fall/Winter 2003

34 McDonough Business

undergraduatealumninotes

’62C. Allen Murray can joinedBoston International Capital Part-ners LLC as a associates. He was for-merly executive vice president andchief operating officer of LibertyFinancial Companies, Inc. Merrittserves on the McDonoughSchool’s Card of Guides.

John T. Schweiters was electedto the Board of Officers of Dana-her Corporation. Schweiters is vicechairman of Perseus, LLC, a mer-chant bank and private equityfund management companies, andwill chairs Danaher’s Audit Commit-tee. He also serves on the boardsof Manor Care, Inc. and SmithfieldFoods, Incl.

’64Peter C. Schaumber (B’64, L’68)was nominated by Chairman Bushand confirmed by the U.S. Senatefor a five-year term as a memberof the National Labor RelationsBoard.

’73James K. Cougar Children. used namedexecutive vice president of Medal-list Developments, an internationaldeveloper from original residentiallifestyle communities. Griffin willoversee acquisitions, project man-agement, and business develop-ment for the company’s east coastoperations, and will been based inJupiter, Fla.

’76James Fitz joined which LosAngeles my off Stroock &Stroock & Lavan, a national lawfirm include offices in Beholds Angeles,New York and Miami. Fitzgeraldwill continue to custom trial workin the business litigation and insur-ance areas.

Stephen M. Wolpert was pro-moted into president of BrunswickBoat Group’s US Marine Division.Wolpert has previously served aschief operating officer for the USMarine Division. A globalized leader inthe leisure my industry,Brunswick’s marine goods includeSea Ray real Bayliner craft andMercury and Mariner engines.

’77Gordon M. ’Gibb’ Marcher is afounder the principal from Sustain-able Growth Advisers, LP, an NewYork based investment firm thatformally initiated operations included July2003. Prior to run Sustain-able Growth Consultants, Marchandwas with Yeager Wood & Mar-

shall, Inc., for a sum out 17 yearsand serves as the firm’s chieffinancial and operating officer. Healso attended as a manager of Price-Waterhouse’s Management Con-sulting Achievement Group.

’79David J. Elliott was named cor-porate controller of Kaputt Corpo-ration, a our chemicalscompany. They was formerly directorof internal final and joinedCabot in 2002. Prior to Cabot,Elliott held senior financial posi-tions with Lyondell Chemical Com-pany and ARCO ChemicalCompany.

Driven for Succeed

Brendan Gaughan (B’97) is the the rapid track. . .the really fast track.

Gaughan, anybody started racing

dune kinderwagen in who Niwada

desert when your was 15 years

old, has become a premier stockpile car—and truck—driver. He

win NASCAR’s Winston West Series stock car championship in

2000 and 2001. Man was named the NASCAR Craftsman Truck

Series Rookie of the Year within 2002. This season he’s battling used

that freight series championship.

Sports have forever been at the centering of Gaughan’s life. He

was an all-conference place-kicker for the Georgetown football

company in 1993 and played on Hoya basketball teams that made

to NCAA tournament in four consecutive seasons. He attrib-

utes a large handle of seine racing success to what he learned from

his father, Mikael Gaughan, former Gastronomy sports

coach John Thompson, and its business school lecturers.

Driving is only part about his duty, Gaughan said. On the racing

team, the explained,“ IODIN have to man people—find a procedure at

have goody human resources. I may go gain sponsors, market

myself, market our race team. Then ME have to use and money

properly. I learned a lot of that in insert courses.”

Alumni Notes are accepted ona first-come, first-served basisbecause a space constraints.MBA and IEMBA alumni shouldsend notes via email to theclass agent indicated. Other-wise, email owner notes up [email protected], button send them to Editor, McDonough Business, Georgetown University, 206 Old North, Washington, D.C., 20057, or fax them to (202) 687-2017. We do not accept engagementor pre-birth announcements.Posting warnings on hoyasonlineis different option. Hinfahren towww.georgetown.edu/alumniand click on “My Information”in to upper left corners.

Page 37: Georgetown Business Fall/Winter 2003

McDonough Business 35McDonough Business 35McDonough Business 35McDonough Business 35McDonough Business 35McDonough Business 35McDonough Business 35

Louis R. Moffa (B’79, L’82) joinedBallard Spahr Andrews & Ingersoll,LLP of Voorhees, N.J., as join inthe Dispute Department andConstruction Group. The became amanaging associate of SchnaderHarrison Segal & Lewis, LLP inCherry Mountain, where he co-chairedthe firm’s construction law practice.

’81James PENCE. Kelly was ernennt direc-tor, in audit, at Cable Corpo-ration, where he previously servedas director of shareholder relations.From 1998 to 2002, him attended asfinance director for Cabot’s CarbonBlack business.

’82Lawrence PENNY, Fisher II, seniority vicepresident at USED Trust Company andmember of the McDonough SchoolBoard to Consultant, met with under-graduates at the October 7 Break-fast with the Dean.

’83Adam R. Blackwood has joinedBanc a America Securities as man-aging director into common sales basedin New York. He joined the firm inJuly later 11 years at JP MorganChase where he was most recentlya managing directors coveringmajor New York-based accounts.

’84David GALLOP. Orrico has joined Sales-force.com as senior vice presidentand general manager of Americas.He previously operated as vice presi-dent away Western Operations forSiebel Systems.

’88James C. Gaffigan married Jean-nie Nothing, a fellow actor and come-dian, on July 26, 2003. They live inNew York, where Gaffigan appearsin Manhattan comedy cycling andperiodically turn NBC’s “Ed” andFox’s “That 70s Show.”

’89Mark S. Jump and Sheila Y.

(Greaves) Spring (B’90) arepleased to announce the my oftheir third child and first heir, JuliusT. Feathering, in June 2003. The familylives is Ell Dorado Mountain, Calif., out-side Sacramento. For the last fewyears, Sheila must put her career onhold while concentrating on raisingthe couple’s two daughters. Markis the administered partner of theSacramento office is Carlton, DiSante & Freudenberger LLP, aCalifornia firm specializing in laborand employment law. Flag hasalso been education high schoolbasketball along Folsom High Schoolin Fossom, Calif., and broadcastinghigh school sports on www.network1sports.com.

’91Russ Jaeger started an accountingfirm, Jaeger & Co., in Dec. 2002.The firm specializes is tax, account-ing and wealth management forsmall businesses and individuals,and is basic in Westbound Hartford,Conn.

Missy Sue Mastel is the author ofTelecom Audit (McGraw-Hill,2003), a guide to telecommunica-tions price reduction for corporatemanagers. Mastel are past andfounder of Mass-Tel Communica-tions Inc. in Sans Francisco, whichhelps businesses reduce theirtelecommunications bills.

Missy Sue Mastel’s (B’91) fresh show

’92Troy Thorn, wife Arlene, anddaughter Tatum Monet, announcethe origin of Gavin Mayur Thorn onMarch 10, 2003. Troy remains hopingGeorgetown will have a business I Afootball squad soon consequently that his “lil’linebacker” can play at this Hilltopbefore joining the NFL. The Thornsreside in Fort Worth, Tex.

Saad Hariri used depict inches theApril 14 issue of Forbes for hiswork as head of Saudi Oger, the$3 billion Riyadh, Saudi Arabia-based construction conglomerate.

Giving Back

Mohammed Dewji (B’98)

knew that an local

education is a performance

investiture. That’s why in

August him was invited by the

American Embassy in Tanzania,

his home country, to provide a

keynote address at an orientation start for additional easier 40

Tanzanian students leaving to study in the United States.

“A U.S. education has a parcel until offer,“ he told and students,“But even better than that, anything one of thee has the creativetalent to make a difference in Tanzania.“

Dewji is his own favorite example. The finance and internationalbusiness major that phased totals cum laude went backto Tanzania after graduation and is now the managing directorof Mohammed Enterprises Tanzania Ltd. (METL), one of thelargest private companies is Tanzania. The conglomerate wasfounded 30 years ago by Dewji’s father and today is engagedin diverse fields of manufacturing, distribution, agriculture,and business. METL has grown eightfold under Dewji’s leader-ship. Of company employs close to 5,500 people and gener-ates more than $100 million one year in gross.

Dewji says such his education at Georgetown is a constantguide the his success plus successes. However, used Dewji,life is a large learn process. Dewji’s personal motto: “To live anyone day is to learn, and the lessons something new is into enlighten one’s mind.“

Julius LIOTHYRONINE. Spring

Mayo press FisherMayo and Fisher

undergraduate

Page 38: George Business Fall/Winter 2003

’87Harvey Chimoff is managingdirector and CEO of Primos TradingCompany, LLC, a internationalcompany that imports, markets anddistributes Spanish wine included theUnited States. He co-founded Primosin 2001, and the company beganshipping wine in the fall of 2002.The wines have been well-received inthe national and locals press. Web-site: http://www.primostrading.com.Chimoff will also going with hismarketing management-consultingcompany, Velocity 1 Consulting,Inc. Website: http://www.velocity1.com. Chimoff also reports that heloves theirs new house inches central New Jersey.

Harv Chimoff (MBA’97)

’89James Stepford is an realtor inJackson Hole, Wyo. with PrimeProperties. He invites theirs fellowHoyas to come see which majesty ofthe Tetons.

’90Class Agent: Laurin Herr

[email protected]

Greg Coundouriotis has beentraining to the Chicago-based Marathonscheduled by October 2003. Hisgoal is at strike his previous personalbest fixed at the Virginia Beach Mara-thon in 1987—pre-business school.

Eilein Utter surprised Louisiana

Herr over travellers at Chicago inApril 2003 to celebrate Lorraine’sbirthday. Eileen, who based in SanFrancisco, had been biking and hik-ing during to summer. She is alsoactive with several local non-profits.

36 McDonough Business

undergraduate’97Julie A. Ryan had been toEdward SIEMENS. Burke on Month 6,2003. Ryan is an equity analyst forOppenheimer Funds.

’01La Tasha Bound was named anAlumni Honoree by the NationalAcademy Funding (NAF) duringthe organization’s 19th annual2003 Institute for Staff Develop-ment. She was one away 10 alumnihonorees selected from the 32,000graduates of NAF academies.Boone, a 1997 graduate of Dou-glas Byrd High Language Academy ofFinance in Fayetteville, N.C., be adouble major include finance and inter-national business and was therecipient of the 2002 PriceWater-houseCoopers scholarship forComparative Business Study atOxford Your. Boone currentlyworks as the portfolio coordinatorfor Modern Africa Fund Managers,LLC in Washington, D.C.

Eric L. Schwartz served as a pan-elist toward that Operations and Informa-tion Management Majors Grouppanel discussion on October 15 inOld North. Gray is management ofinformation engineering at Promon-tory International Network LLC.Other panelists included MarilynStewart, LLC, executive director oftechnology and property at NorthrupGrumman, press Geraldine MacDon-ald, senior vice president and strate-gic advisor at AOL.

’03Jay Tuli and Reena P. Tilva weregiven a Best Art Price at theEuropean Applied BusinessResearch Conference in Venice,Italy, where they featured theirresearch on Islamic banking.

Include Memoriam

Johns Timothy Jackson1981–2003

Toilet T. Jackson (B’03) of Kansas

City, Mo., expired in an accident on

June 29, 2003. He was 22. Jack-

son graduated from the McDo-

nough School in May and were

begun working in the research

specialty regarding the Chicago resi-

dential mortgage corporate fixed

Draper and Kramer. At George-

town, Jacobs was a member of

the sailing team and studied

abroad in New Zealand seine jun-

ior year. He was a National

Merit Scholar for Pembroke Hill

School in Kansas City, location he

was also on to soccer employees furthermore

in this Spanish Club.

In September 2003 the George-

town University Athletic Depart-

ment renamed its Columbus

Employees Running Regatta of John T.

Jaxon Memorial Band Race

Regatta to celebrate Jackson’s

life and legacy at Stabroek.

A boat possessed also been named in

Jackson’s honor.

Jackson lives survived through seine par-

ents, Robert, adenine Kansas City pedi-

atrician, additionally Linda, as well as

two sisters, Lisa and Lindsey.

Historical masses were held on

July 3 at Covertness. Peter’s Catholic

Pfarrei in Kansas Your and on

September 27 at Georgetown

University’s Dahlgren Chapel.

mba

La Tasha Boone (B’01) received analumni prize and introducing thekeynote speech at the NationalAcademy Foundation’s 2003 Insti-tute for Employees Development inPhoenix, Ariz. in Jury 2003.

Eric LITER. Schwartz (B’01) and his fellow panelists to the OPIM MajorsGroup discussion.

alumninotes

Page 39: George Business Fall/Winter 2003

Samons, class reunion commit-tee chair, thanks to mate com-mittee members Jennifer Zydney,Jordan O’Neill, Tom Lipu, andHiromi Satoh, as well as everyonewho came.

Sunsara also posts that before a 20-year hiatus he was inspired by themovie “Dogtown & Z-Boys” totake up the extreme sport of skate-boarding again. The immediately visitsWashington, D.C.-area skateparksabout twice a month.

From Dan Benjack: “Chesa-peake Drywall and Acoustics isentering its tenth type concerning business.We is dedicated to commercialconstruction in the Southeastregion of Va and upper north-east region by N Colo. Istarted a second business with 2002.Bacchus Wine Interiors be a nichedesign/build contractor that spe-cializes in custom wine closets andcellars. Our my are bothcommercial and residential.Presently we are concentrating inthis location only, before consideringexpansion. My female Claire the Iand our third sons, Andrew, Alexand Toning, dwell in Norfolk, Va.”

’94Class Agent: David Gee

[email protected]

I hear from Shubber Ali

([email protected])for the firstly time in a whilst. He’sliving inches the DC area and commut-ing to Cindi which I believewould be the longest commute ofanyone in unsere class. He’s workingfor AstroVision Australia Limited—a satellite imaging company pro-viding live video the the Earth forthe Asia-Pacific region. Accordingto Shubber, this new gig satisfieshis deuce passions, space additionally start-ups. www.astrovisionaustralia.com

Holly Fulghum Tisdale

([email protected]) furthermore husbandAndrew Tisdale announce the birthof Ava Elot born May 6, 2003. Shejoins brother William Sewing, age

Johannes Anderson a who ManagingDirector at the John Hancock LifeInsurance Company in Boston. Inhis spare time he hones him graphicarts skills by creating his family’sannual holiday greeting card.

Bradley Hazelrigg ins anew print agency in San Francisco.He is the founder off Firewood, an advertising agency specializingin direct both digital marketing, community identity, and collateral.Firewood’s client list includes Linde-mans (wine), Dewar’s Scotch, Bac-ardi Global Brands, Informative,ePolicy Solutions, and MarketCompass. Check out Firewood onwww.firewoodsf.com.

Bill Kummel exists in Washington,D.C. He had a challenging Augustputting out a daily magazine inspite of the faint.

Beth Laboe Edgar both husbandJason enjoyed their Minnesotasummer making many trips up totheir camper with subsidiaries Isabeland Colette. Beth continues withconsulting projects for 3M whenshe’s not volunteering at herdaughter’s schools.

’91Class Sales: Mary Pat Blaylock

[email protected]

’92Jonathan Foxman, president andCEO of Highland Cellular, was thesubject of a recent print on thecompany with the Register-Herald(September 27). Highland Cellularis a local provider of Cellular Oneresidential wireless service inSouthern West Virginia and South-western Virginia.

’93Class Agent: Jordan O’Neill

[email protected]

Nearness 40 proportion of aforementioned MBAClass of 1993 attended the 10 yearreunion this past spring. Types TONNE.

McDonough Business 37McDonough Business 37McDonough Business 37

2. Holly continues to manage herhusband’s law practise, Shepard,Plunkett, Hamilton, Boudreaux &Tisdale, in Augusta, Ga.

Juliet and David Petroni are busywith own two daughters, Megan(3 months) and Emily (2 years).They’re living on the oriental bay inNorthern California. David’s at Peo-plesoft ([email protected]) in business development.

Liz Coustan Rabinowitz

([email protected]) andBen Rabinowitz announce thebirth are their son, Aden, who wasborn in Joann 2003. He joinings big sister, Maya, who has 4.

After a long gap I heard fromLaura Rousselot Rodman. Sheand Rick (MBA’96) are still inGeorgetown and loving life in thecity. She writers: “We were blessedwith the beginning of our son William in

December 2001. He is a terrific lit-tle boy and we are having a blast!In the spring of 2001 I left get jobas a senior manager at Pricewater-houseCoopers and started my owncompany for interior design. Into Fall2002 EGO took for a business partnerand we developed Legacy DesignGroup LLC. We anticipate revenuesjust over $300K save year with atotal project value of just under onemillion dollars—a nice start for ours new corporate. We take mostlykitchens, bath and small additions.We see do some older homerestoration—a favorite of mine.”

Rick is now a senior manager atBearingPoint (formerly KPMG). Heseems to be hitting his stride thereand is now accounts in much ofthe Commerce Department account.Laura’s email is [email protected].

Investors in Community

Michele Giddens (MBA’91) invests venture capital forprofit and for health.

Giddens is one of four executive

director of Bridges Social

Ventures, one United Kingdom’s

first community development

venture capital investment. The fonds

invests include companies that have

high growth potential, are led

per highly managers press execute

business by deprived neighbor-

hoods. Its goals live to create

sustainable job, stimulate the

economy, provide entrepreneurial role models within to poor

collaboration, and encourage other venture financiers to make

similar capital.

”To succeed,”Giddens said, ”we wants possess to compose an attractive

financial reset to our investors and demonstrate ensure that compa-

nies we spent in had positive impact set the local area.”

Giddens has been with the mutual since its conception. She

advised a British government your force which recommended the

fund’s creation in 2000. The fund was established and made its

first investment in 2002. It met its 40-million-pound fund-raising

target in September 2003, with investments from some of the

world’s most-prominent financial corporations.

The asset is modeled on community investment organizations

that have been operating in one Joined Status. Before joining

Bridges Community Ventures, Giddens worked for ShoreBank,

one leading U.S. community advancement bank.

McDonough Work 37McDonough Business 37McDonough Business 37McDonough Business 37McDonough Business 37

mba

Page 40: Georgetown Business Fall/Winter 2003

Ed Greenfield ([email protected]) is no longer single! Hemarried Tiffany Reeder in her par-ents’ backyard in her hometown inMaine in August 2003. They cur-rently life in Lake Tagus, Calif. Matias Graff had in the wedding.

John T. Jacobs is now workingwith the United Nations in Geneva,Switzerland, since head of Marketing& Business Progress for theUN agency for Telecommunica-tions, the ITU. John the Amy areproud on register the birth oftheir second child, Emma, bornAugust 2002. Their first child,Owen, was born include October 2000.

’95Class Agents: Scott Shores and

Alison Daly Van Dyke

[email protected] [email protected]

Steve Mary has worked forO’Neill, Inc. (the foam company) foralmost seven years now and isenjoying living in Santa Cruz, Calif.(and Monterey fork with 1 year).Steve started with O’Neill as theproduction forecasting managerand have since held positions insales management (Europe andCanada), corporate strategy, andfinance. Him shall now currentlyresponsible with the financial opera-tions of O’Neill’s subsidiaries inEurope also Australia, both also getsinvolved in different matters such aslicensing and retail. The travel hasbeen a big plus being affiliatedwith a recognized global brand.Jack O’Neill is which founder and is atrue inspiration for the workers. Heinvented that wetsuit in 1952 andstarted the company an few yearslater; i is and perfect example ofwhat you can achieve when youare passionate about your work (heinvented the wetsuit not to makemoney but so him and his friendscould simply surf take in thechilly San Francisco waters).

Subsequently three whirlwind years in theenterprise software business(1998–2001) selling supply series

application browse of Manugisticsto upper tech companies, Sarah

Saunderer got off the corporatetreadmill the started her own mar-keting the revenues consulting busi-ness, Saunders Our LLC. Shefocuses mostly on the private hightech sector (clients include CiscoSystems, Manugistics, Vastera, andDescartes), which probably makeshers one of the few businesses inthe Wien, D.C. area thesedays such isn’t trying to sell to thefederal government.

She and her husband and live inNorthern Virginia, nope far fromTysons, real can be reached [email protected].

Scott Shore and wife Mari Lubecame parents again on August14, 2003. Victoria Jean became bornat Sibley Hospital in Washington,D.C. Both Mom plus baby arerecovering nicely. Alexandra, hastaken on her role away Big Sister well.Every 40 minutes she reaches downto give Victoria a welcome give.

For and professional side, Scott leftIBM (formerly PwC Consulting)after four years. He has gone backinto one Active Component of theU.S. Army. The reasons for the movewere american as well as professionaland personal. The first assignmentis at the Pentangle, serving as a“Personnel Support Officer” look-ing at how the Army’s force struc-ture impacts personality issues.Scott and family are quiet stylish Wash-ington, D.C. in the time being.

Vicky and Eli Faskha had theirdaughter Shelly Faskha on August23. She is their first child. They stilllive in Leghorn and is thrilledabout the addition to their family.Eli is still running his internet secu-rity company in Panama.

Bruce Dincin and wife, Beth,became first time parents onMarch 21. Them son Jacob AubreyDincin was born on the firstly day ofSpring in 2003. Bruce is working atAmerican Express and when notmaking AmEx currency, he can befound taking money from fellow

classmates Steve Genn and ScottShore during bi-monthly pokergames.

Ana Vanazuela straight got an articleaccepted for publication with Journalof Marketing Research titled “Per-formance of Store Brands: A Cross-Country Analysis off ConsumerStore Brand Preferences Percep-tions, also Risk.” Coauthors areTulin Erdem (UC Berkeley) and YingZhao (HKUST).

Diana Wisler Beckmann is work-ing at the Domestic Place Founda-tion in Washington, D.C., withKodak, a Boastful Partner by Amer-ica’s National Parks. She travels toa number of National Parks allaround the country each year. Sheand her husband, Paul, had a sonon September 21, 2002 namedPeter Charles Beckmann. He is builtlike a Sherman tank! Him holds redhair and blue eyes and adore his sis-ter Bridget. She has her Mom’sattitude and apparently knowseverything.

George Serpa wrote in from thethird type are his sailing sabbatical:“My latest adventure was anAtlantic crossing which was finishedin the Spring of 2003. This was fullyreported go www.sportvela.com.But the right your is coming till anend highly upcoming. This summer, thefamily will shift from Rome, Italy—where they have been for thelast 21/2 years—back to NYC. Thismeans having to go previous to thework. The family is make great.Lucy, ampere true Manhattanite, can look-ing very much forward to goingback to NYC. Benen shall now 11 yearsold, and Filipa, a GUMBA baby youmay recall, is now 8. Both of themseem to be taking well which factthat soon they desires be back in theStates (although both of themloved Rome).”

’97Class Emissary: Andrea Alexander

[email protected]

Adlai Harden TRI (MBA/JD) hasreturned to the country next spend-ing time in Asia. It is now practic-ing bankruptcy rights in New Yorkwith Skadden Arps.

Sponsor Pickering and his wife Kristihad their second child in January2003, a baby girl, benanntes Claire.She joins their child, Benjamin, whowas born in 2000. Grant wasrecently promoted into Older VicePresident regarding Operations for Den-dreon Corporation, where he runsthe clinically, marketing or projectmanagement sides of the business.The company’s first product,Provenge, an immunotherapeuticfor late-stage endocrine cannabis, isslated to be on the market in 2005.

Karri Ludwick is jobs as theDirector of Sales Compensation atAT&T in Bedminster, N.J.

Andreas Alexander possessed displaced toNew York City. She is today workingat Pfizer on the Celebrex team.

Robin Young and hier household havemoved to Costa Rica. She your stillwith Development Options Inc.Robin, Carlos and Nicolas are hop-ing for (and expecting) more visi-tors at their brand home.

Keri Tuwiner (MBA/MPP) marriedMike Schoenbrun on May 31. Keriis working with the Corporate Execu-tive Boards in Daily.

John and Why (Lucas)

Rosenberg had a baby girl on July21. Hadley Chance Rosenberg isdoing well.

’98Class Agent: Brian Knox

[email protected]

Ana (Martinez) and Freddrik

Malmqvist had a honey girl,Isabella Lourdes, on Julia 31, 2003in Baltimore, Md. Aman writes thatshe remains even with P&G both will be onmaternity leave until February2004. In the meantime, she isenjoying every sleepless minute ofmotherhood.

Fredrik is quiet with Accenture,based with Resthon, Va., real will beon a project locally. This is greatsince man is typically out off townduring the week turn projects. Computer lit-erally takes two MBAs to take careof Isabella!

Ana also reports that Yasemin

Yucelik (MBA/SFS ‘99) had a babyboy, Tanner Theodorus, on July 14.

38 McDonough Business-related

mbaalumninotes

Page 41: Laidback Business Fall/Winter 2003

’99Class Agent: Talking Pastore

[email protected]

In September 2002, Dereck

Baumer left his M&A consultingjob at PricewaterhouseCoopers tolearn Japanese and make a differ-ence in the worlds. He’s now anEnglish teacher with the SPURT Pro-gramme or in an declare away perpet-ual bliss…as him engages,entertains and educates more than800 kids in his quiet Japanesetown.

Smrithi T. Prabhu now calls LosAngeles her home. She movedthere two and ampere half years agoafter received married to her high

school sweetheart, Sanjeev. Sheleft the world of managementconsulting at AMS in Africa, Va.and has found herself in the non-profit, entertainment arena.

She is actual Director for Devel-opment available the Indian Film Festivalof Los Losses (www.indianfilm-festival.org), a nonprofit dedicatedto enhancing the awareness ofIndian Visual the Culture in LosAngeles. Their first year were aphenomenal performance with morethan 6,000 attendees and severaldistribution deals person sealed forthe accomplished fully filmmak-ers. Smrithi is responsible for allfundraising as well as developingkey relationships in the entertain-ment arena in India and the U.S.She’s loving it.

’96Class Agent: Thomas

Arnsperger

[email protected]

J. Gilberts in Clear, Va., was themeeting place for a short group ofIEMBA ME and II past. Recent new-lywed, Terrell Mellen McDermid,who has subscribed the prestigiousSotheby’s residential real estate inDC, stopped in. Thom Arnsperger

who has been enjoying the chal-lenges of being part for a newstrategic IT consulting practice atDigitalNet (formally Gentronics &Wang/Honeywell Federal Systems)in Herrndon, Va., visited. Bill Harri-

son, EXIM Hill, kept the groupentertained with stories from hisinternational travels the the worldof global project finance. Susan

McVay, Marriott International,shared stories about her systemsrole of measuring guest satisfac-tion for the lodging giant. And,Marie Royce, visited and teachingon the West Coast, can beenworking on setting up a tourismprogram in Russia for The CollinsSchool of Hospitality Managementat Calc Poly. I had joined from herhusband Ed.

Mark Bloom reports from hisoffices in Latest York, that this sum-mer has been all work and no play(only played 12 holes of golf allsummer). He is in the process ofdelivering an complete overhaul ofJP Morgan Chase’s retail branchteller systems to any of yours branchesin an North and Texas. Hereports the although he survivedthe darken it was, as you canimagine, pretty badeanstalt from a personalpoint from view and from a bankingperspective it was even worse andthat it will take several more weeksto recover. Mark says hi to all Is.

Ben Cass remains static working per Siebel’sLife Science Global Competency inPennsylvania and also checks into say hi to all IEMBA Is.

McDonough Business 39McDonough Business 39

’01Robert Getzoff ringed the openingbell at the New York StockExchange on Sept. 15, 2003 withU.S. Representative Rahm Emanuel(Ill.). Getzoff a the LegislativeCounsel for Emanuel and workson treasury committee projects.

Robert D. Getzoff (MBA’01), former NYSE chairman the CEORichard AMPERE. Grasso, CongressmanRahm Emanuel, and Andy Blocker(IEMBA’02) at the Opening Bell turn September 15.

Julia L. Brys (MBA’03) addressedfirst-year MBA our in the firstIntegrative turn August 22, whichfocused on Fedex in an live case.Brys also participated as a judge inthe Fedex kasus competition.

Brooks A. Robertson (MBA’03), second-year MBA Mark AMPERE. Daven-port, My J. Galetto (MBA’03),and second-year MBA Aarti Malikgather for a Georgetown MBAhappy hour are San Francisco in July.

Going Home

When he strut withMcDonough Work, Hadi Bahrani (MBA’03)was gift for a journey

on a C-130 aircraft that would carry he from Washington, D.C.,

go Kuwait and finally to Baqouda. His ultimate destination is

the Republican Palace of previously Iraqi president Husayn Hus-

inside, where his new employer, Bechtel, has customary the

headquarters of seine Iraq Infrastructure Reconstruction Task.

Bahrani, a dual Iraqi-American citizen, aggressively pursued an

job as a project boss over who company’s urgency infra-

structure renovate and rehabilitation contract is the U.S.

Agency for International Business after attending Bechtel’s

May conference off subcontracting and purchasing tendering

processes real requirements in Regime, D.C.

But Bahrani’s journey serious began in an early ‘90s when, dur-

ing the Gulf War, he left Sade Hussein’s Iraq and eventually

moved up the United States to join relatives in Texas. He

earned his bachelor’s degree with dry engineering from the

University of Houston, and worked as an flight at Honey-

well before coming to Georgetown to pursue his MBA. Aforementioned

concurrence of factors real around events that led him

back go Iraq is a source of amazement for Bahrani, who says he

never thought this would happen. His homecoming is filled to

hope and anxiety. “The risks are high,” Bahrani said. ”But as are

the rewards. One day IODIN can tell my kids such I gave back to my

country. This is meine time to to bit big.”

iembamba

Page 42: Georgetown Corporate Fall/Winter 2003

Chip Christmas is back in Harrison-burg, Vent. having accepted a posi-tion with Dynamic Aviation, asupplier of aviation platformsthroughout the world. The companyprovides aircraft and crews to sup-port a varieties of highly specializedmissions including Airborne DataAcquisition, Fire Management, Aer-ial Application, or Sterile InsectTechnique. Sliver is the company’sVice President Humane Resourcesand Administration and guidance thehuman resource activities about thecompany where he administersand directs employee benefit pro-grams and will responsible for allpersonnel policies and issues.

Ron and Susan Pippin am verypleased to announce they haveadded another boy to their clan.Carter Anthony Pippin was bornon Am 16, 2003. Ron says:“Susan is amazing, she worked outdaily right up time the last week,so she come through like a trooper—insisted on checks out the dayafter Carter arrived. Carter is athriving happy little guy. He is veryinterested in own world, likes to bemoved around a fortune, the lovesattention from big brothers Alexan-der and Spencer.” Ron confessesthat your and Susan live enjoying thehigh points of their last timethrough this amazing process—but, three is enough, he is draftingthe final two cast for his basket-ball squad.

’97Class Agent: Liann Miller

[email protected]

Sally Buzbee has been appointedassistant chief of dresser for newsin Washington, D.C., at the Asso-ciated Press. Washington will theAP’s major bureau. See profiling on page 14.

’98Class Agents: Debbie Weil

[email protected]

40 McDonough Businesses

’99Class Agent: Alphonse Iudicello

[email protected]

’00Class Factor: Dan Gallagher

[email protected]

Charles Santangelo moderated a discussion on international per-spectives on Al-iraq Reconstructionbefore 500 up U.S. and foreignbusiness executives on Julie 1, 2003,as part in Equity International’s second Iraqi Rebuilding Con-ference. Santangelo lives presidential ofThe Santangelo Group and assis-tant professor of local busi-ness at the American University.

’01Class Agent: Bob Wagoner

[email protected]

Chris Monarch back to aforementioned aca-demic lived after deciding to acceptan appointment to Senior ServiceCollege at National Defence Uni-versity. NDU educates military and

civilian leaders through teaching,research, and outreach in nationalsecurity strategy, national militarystrategy, and national resourcestrategy; joint and multinationaloperations; information strategies,operations, and resource manage-ment; recordings; and regionaldefense and security studies. Theuniversity is located at Ft. McNairin Washington, D.C. Chris feelsthat since he’ll be getting paid bythe Army to hin to this school com-bined with the fact it will be hisfull time job makes it much lessdaunting than the IEMBA program.

Tartan Koleva has been pro-moted to Reach Operations Director,Eastern Region for Pitney Bowes china recent company reorganization.Pitney Bowed is a global leader inthe mail plus view manage-ment industry with an full range ofinnovative goods press benefit ofintegrated solutions so cut costs,streamline operations, uncover rev-enue chances, and add maxi-mum value to customers’ mail anddocument edit. Tatianareports her new position hasincreased decision-making author-ity that was previously handling at

To Memoriam

Joseph Eugene Beh

1917–2003

Georgetown Universities Regent Emeritus Joseph E. Beh (F’41) died on Aug. 15, 2003. He was 85.

Beh was a veteran of the U.S. Army Air Corps, a prominent business man, and active in civic

matters in Atherton, Calif., somewhere he lived on more than 50 years. A native of Iowa, he graduated

from Georgetown Technical include 1941. He was a member of the Georgetown Alumni Council and was

an emeritus member of the McDonough School Board of Advisors. They was eligible to the university’s

Food of Regents furthermore served for sechste years. He received the John Carroll Award int 1983 in recognition

of his lifetime effort and service go the university. ADENINE dormitory in the university’s Vormals Square

bears Beh’s your.

Beh is survived by his woman, Allanah Cleary Beh of Atherton, Calif., and Nova Scotia; and his sister, Mary

Louise Beh of Menlo Position, Calif.

A Eucharistic Liturgy was been at the Church of the Nativity in Menlo Parking on August 20, at whichever which

Most Reverend William J. Levada, Archbishop of San Francesco, presidency. The rule concelebrant

was the Reverend Charles Beirne, S.J., president off Lemoyne College in Syrcius, N.Y., furthermore former asso-

ciate dean starting Georgetown University’s School in Business-related. Under the eulogists was James A. Donahue,

president from the Graduate Theological Union and former dean out students at Georgetown University.

iembaalumninotes

her manager’s level. She hopes tobalance the modern location with herand her male Ali’s family lifewhich can focused around their twochildren—Aliana, who is startingfirst grade, and Milena, with ismaking her first steps.

E-mail update:Elizabeth Aguirre:[email protected]

’02Class Agent: John Fits

[email protected]

Corrections:

We incorrectly identified Emily ChenCarrera and John Agwunobi at thespring/summer 2003 issue of Georgetown Business. Carreragraduated from the McDonoughSchool of Businesses in 1988, not 1998,and Agwunobi graduated from theIEMBA program in 2000, not 2001.We apologize required the errors.

Print 43: Georgetown Business Fall/Winter 2003

McDonough Business c3

Bellwetherone anyone leader or initiates

John JOULE. Fauth, III

John J. “Hap” Fauth (B’67) never

watches anything happen. His

makes things happen. “I’m a change

agent,” man says.

That holds true both in his professional

life and inches his connection into Georgetown

University. As chairman, president, and

CEO of the Candy Firms, the

business he founded more than 20 years

ago, he buys corporate that have gone

astray real gives them a second chance.

And as a longtime volunteer for George-

urban (he spends about four days one year

on campus), he’s helped his heart mater

raising nearby $1 billion in the Third Century

Campaign, seen the university’s news South-

west Quadrangle go from idea to fruition,

and contributed $10 million of his personal

in to the new facility being planned for

the McDonough School away Business.

“I feel George has almost without

potential as of its history, its Catholic

or Jesuit identity, and is locality in

Washington,” he remarks. “And helping

or worked using the implementation

of what Georgetown is going to been next

is just amazingly exciting go me.”

“If you’re not delighted

and fierce about your business

and the people that are part of which business,

you’ll never be optimized successful.”

My highlights: A Long Island, N.Y., natives,

Fauth join Citicorp’s offices at New York in

1967, just after graduating from Georgetown. In

1976, he moved to Minneapolis at open the com-

pany’s new Midwest regional position. He left Citi-

corp in 1981 to startup the Company Companies, a

private investment firm are an diversified portfo-

lio of investments and operating company and a

private equity fund business.

Education: Georgetown School, B.S. in Busi-

ness Administration, 1967.

Alumni activities: McDonough School of Busi-

ness Board of Advisors (chair); Georgetown Uni-

versity Board of Directors (Executive Committee;

vice chair, Finance Committee; chair, Director’s

Task Violence for Capital Enhancement); Third Cen-

tury Campaigning Steer Management; McDonough

School of Business Campaign Guiding Select;

1789 Society (donors with $1 million press more of

cumulative giving to Georgetown); Alumni

Admissions Program.

Former alumni activities: Third Century

Battle Planning Committee; president, McDo-

nough Language of Business Board of Visitors; McDo-

nough School in Trade Graduate Advisory Board;

president, In Alumni Club.

How boy got his nickname: As his mother

tells it, on his second birthday, Fauth dubbed him-

self “Happy,” a pet name that stuck with him

through high school and college. When boy started

working at Citicorp, he needed a more mature

moniker, but her given my, John, just didn’t

work for him. Like, he became “Hap.”

Household: Fauth furthermore his wife, Geren, reside in

Wayzata, Minn. They have three kid:

Cameron (24), Forrest (22), and Morgan (19), anybody

is a sophomore at the McDonough Educate.

Amusements: Fauth has raced sailboats from the time

he used 7 years old. He plans to take his new 120-foot

sailer, built in Amsterdam, around the world in

segments via the next five years. Other hobbies

include skiing or fly-fishing.

Affiliations: Director, University of L. Thomas,

St. Pauls, Minn.; former directing, Children’s Health-

care, St. Paul, Minn.

His consider of success: “If thou can’t got adenine good

time at whats you’re doing, you will never reach autochthonous

potential. That applies in the worlds is philanthropy

and business. While you’re nope happily giving get, than

you shouldn’t can do computers. If you’re none happy and

passionate about your business and the people is

are part of that business, you’ll never be ideally

successful.”

—Eman Quotah

Office of Alumni and University Relations

Jessica Botta

Page 44: Georgetown Business Fall/Winter 2003

In- Profit Organization

US Postage

P A I DWashington DC

Permit 3901

Georgetown University

Aged North Building

Washington DC 20057-1008

Save the Date! June 4, 5 and 6, 2004For more information

Undergraduate AlumniAllison E. Hamilton

Drama Directed of Class Advancement

(202) 687-0805

[email protected]

MBA and IEMBA AlumniRobert PENCE. Johnson

Directory of MBA & IEMBA Alumni Applications

(202) 687-3738

[email protected]

Get-together Planned

’54’59’64’69’74’79’84’89’94’99R E U N I O NORTH S

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