In today’s economy, finding a new job or managing your career can be challenging. Now, Notre Dame alumni have an advantage with Onward: Alumni Career Development—the Alumni Association’s recently enhanced career development program.
Services include a full-scale web site designed to give alumni exclusive access to multiple employment resources, including job search tools, career guidance, networking opportunities, and educational seminars.
Whether you are looking for a new job, want to post a resume, are seeking career tips, or have an open position to post, Onward: Alumni Career Development can help. Log in today using your Irish Online username and password.
Interact
Submit a Question to
the Faculty
The Graduate Alumni Relations would like to take your questions to the faculty. What would you like to ask a professor? E-mail your questions to gradalum@nd.edu
Three questions were submitted from our last issue. You can read the questions, and the faculty answers in the "Ask the Faculty" section.
People around the world can visit the Grotto, thanks to the web site http://pray.nd.edu. Monday through Friday, you will experience a prayer, the Gospel reading, and an article about living the Gospel today. Each week, the site features a new video, set to music, of a sacred place on campus.
The site also encourages users to submit prayer requests and, every week, representatives from the Alumni Association light a special green candle at the Grotto to honor these requests. Each petition receives a personal response. Downloadable prayer cards that speak to many of life’s challenges and joys are also available. To date, the site has received more than 400,000 visits and 13,000 prayer requests.
Ask the Faculty
All things considered, are the changes to the mark-to-market rule better or worse for our economy? - submitted by Kyle Woods, MBA '03
The old mark-to-market rule was clearly flawed because it completely ignored the concept of liquidity. To say that because you cannot sell an asset today for a million dollars does not mean that you could not sell it over the next month or three months for a million dollars.
How much is your house worth? OK, how much could you get for it if you had to complete the sale by noon tomorrow? For most of us, those two numbers would be very different. It is difficult to imagine that the Financial Accounting Standards Board (FASB) has made things any worse with their recent changes, but it is not yet clear how much they have improved things.
I would not be surprised to see more changes (for the better) in the near future. –Rick Mendenhall,
Professor, Fred V. Duda Chair in Business and Finance Department Chair.
How do you think the economic and/or investments models will change as a result of the current world financial situation? - submitted by Debbie Harrison, EMBA '06
Recent events have confirmed how important it is to understand the fundamental principles of economics and finance. Many who ignored these rules or thought they no longer applied are largely responsible for our current problems. One of the (many) things that got us into our current situation is that a lot of institutions relied far too heavily on their own prediction models.
It is a mistake to confuse these models with economic and financial fundamentals. These models were often based on a period when specific market conditions prevailed and were applied under different market conditions. So, clearly many people made the mistake of over relying on their own models and failing to appreciate the importance of changing market conditions. The models that got us into trouble were generally proprietary models developed by individual institutions for specific purposes. Nothing that has happened recently will cause the economic and financial principles that students learn in class to change. That is, the big, game changing models associated with these principles (such as the Capital Asset Pricing Model and the Black-Scholes Option Pricing Formula) have not changed and remain as important as ever. But even these models are based on assumptions and those who use them should appreciate what might happen when the assumptions are violated.
Finally, it is important for people to bear in mind that all models generate guesses. If you bet the farm on your guesses being very accurate every time, you should be prepared to lose the farm.—Rick Mendenhall,
Professor, Fred V. Duda Chair in Business and Finance Department Chair.
Knowing what we do today, would you still be recommending companies maximize leverage in order to maximize profits? - submitted by Debbie Harrison, EMBA '06
Even Nobel prize winners Miller and Modigliani never recommended maximizing leverage, even though their models of corporate structure would imply such a result in a friction-free financial world. Their results essentially tell us that in a financial vacuum the amount of debt will not affect a company’s overall cost of capital.
If we add the effect of taxes to this simple world, then a corporation should maximize debt. However, this merely emphasizes that we should focus on other market realities when attempting to determine the optimal level of debt for a firm. The cost of bankruptcy is one of many of these important realities, and the recent market events enrich our appreciation of the magnitude and relevance of such costs. The conceptual framework of Modigliani and Miller will not change as a result of economic booms or busts.
The current market crises, however, do enliven the discussion of how market realities—i.e., how the market differs from the perfect financial vacuum—impact the attempt to determine an optimal capital structure.—Bill McDonald,
Professor and Thomas A. and James J. Bruder Chair in Administrative Leadership.
Alumni Stories
One Project at a Time
No one alone can solve global poverty or climate change but we all have the power to bring our friends, families, and communities together to make a difference in the lives of others (and ourselves).
For example, a group of high school students came together and threw a concert to raise more than $2,000 (selling $7 tickets!) to build biogas plants in Sonalnagar Village in India. Now women in Sonalnagar do not have to walk hours a day collecting and cutting down wood. They have a clean source of energy that was always all around them - manure from their cattle. And now they can start a business, which earns them income to send their kids to school...
This one small project removes a hurdle that gives women back their time so freedom of choice is restored to their lives. All it took was a connection and a fundraising platform - that is what 1Well is building.
Dan Morrison, ND '95, worked for 10 years as a management consultant before drastically changing his path. Morrison is the founder of 1Well, a nonprofit agency that
allows anyone to partner with a community in need and build a small but critical project that leads to a more self-reliant and sustainable life. Read more about 1Well by clicking here.
If you would like to learn more about the projects available, visit 1well.org.
In His Own Words
I wrote “White Passage: Red Sun” (AuthorHouse, Nov 2008) as a way to provide a firsthand account of what was really happening. Admittedly, this story is a novel. However, the story follows a fictionalized six-month mission in Peru based upon a decade’s worth of actual historical events throughout Latin America. Most importantly, it follows a range of characters from all sides of the conflict in an attempt at depicting their various motivations.
According to Colonel Hy S. Rothstein (US Army Special Forces, Ret.), author of “Afghanistan and the Troubled Future of Unconventional Warfare” who is now a professor at the prestigious Naval Post Graduate School, "Good historical fiction often depicts reality better than traditional history. Matt Rowe reaches this level of literary excellence…A great read!”
I have attempted to emphasize the need for compassion for our fellow man, to provide “ground truth” in this conflict, and to include the relevant history in “White Passage: Red Sun.” I want to leave something to my three boys so they will know what daddy did during the war that nobody knows about and is likely one of the most misunderstood conflicts of our time. I tried doing this in a way that provided both history and moral lessons, and I leave it for the reader and my sons to judge.
Matt Rowe, April 19, 2009
ND EMBA ‘03
For more on “White Passage: Red Sun” or to purchase the book, please visit www.WhitePassage.com
Notre Dame Club Comedy
Fundraiser
Notre Dame alumni Paul Anthony Mongelluzzo, MBA ‘97 is trying to put the “fun” in fundraising. He’s working with several other ND alums, all working in the world of stand-up comedy.
The concept is simple: He’ll customize a comedy showcase based on the needs of your organization.
“Right now I’m working with five other ND alums who are comics: John Garrett, Jim Brogan, Owen Smith, Eric Hunter, and Michael Somerville. We’re looking to work with the Notre Dame clubs across the country.
My company, Long Island Comedy Festival, produces festivals, tours, private shows and fundraisers. We’ll work closely with the clubs to help them make their comedy event a successful fundraiser. We coach them in terms of securing a venue, selling tickets, promoting the event and getting sponsors involved.
Having all of the comedians from Notre Dame is a great selling point. During these tough times, we’re finding that people need to laugh now more than ever. We’re looking to help make that happen!”
Did you know?
.
Laughter is good for you.
Laughter heals.
Laughter unites us especially when we laugh together.
Laughter is the shortest distance between two people.
On Friday, June 12, 92 golfers gathered at the Warren for a day on the links.
Prior to tee off, guest speaker Chris Zorich spoke to the group about coming to Notre Dame, what his Notre Dame experience meant to him and his mother, and, of course, football.
Our winners this year were:
First place foursome with a score of -9:
Matt Arnold
John Brown
Brian Paul
Sara Liebscher
Contests:
Longest Putt: Clarke Warren
Closest to the Pin: Joe Urbany
Longest Drive: Bob Baxter
Longest Drive Ladies: Sara Liebscher
Congratulations!
Reunion 2009
Reunion '09 will be October 23-24 and will celebrate the anniversary classes of '69, '74, '79, '84, '89, '94, '99, '04, and '08.
This year celebrates the 40th anniversary of the first graduating MBA class. Congratulations Class of '69!
This year we are asking each class to have a Reunion Committee. The Reunion Committee will reach out to fellow classmates to invite them to join us at Reunion. Also, the Reunion Committee will plan a class social event for Friday night. If you would like to be part of your class committee, please contact Graduate Alumni Relations.
We would like to thank Patty Kerr, Roberta Greenspan, and Phil Stark from the class of 1979, for forming the first Reunion Committee and getting us off to a great start!
MBA
Erin Gilroy was hired as a Managing Director of Intuitional Sales at Third Avenue Management. She will be focused on asset raising for the managed accounts and Limited Partnership products.
David Corken and his wife Karen are excited to welcome Samuel (Sam) Cahill Corken to their family and the world. He was born at 10:35am on June 3rd, 2009, weighs 7lbs. 13 oz. and is 20 ½ inches long. Samuel is Karen’s great-grandfather’s name and Cahill is David's grandmother’s maiden name. Karen and Sam are feeling well and resting.
Aron Nussbaum & Tania Sadoun are training with The Leukemia & Lymphoma Society’s Team In Training program to ride the Moab Century Tour on Sept 19th of this year. That’s 100 miles of cycling past red rocks, along the Colorado River, and up an ascent apparently called “The Big Nasty.”
As part of the Team in Training program, they have committed to raising $10,000 to help find a cure for leukemia, lymphoma, Hodgkin’s Disease and myeloma.
The University of Notre Dame and Baird, an employee-owned, international wealth management, capital markets, private equity and asset management firm, have announced a new partnership to provide graduate and undergraduate students with fellowship and scholarship opportunities for the next five years.
The relationship, which is part of the Notre Dame Corporate Partners for Ethical Global Leadership program, annually includes an MBA fellowship, two undergraduate need-based scholarships and funding for a University organization.
Jay You, a first-year MBA student concentrating in finance, has been chosen as the University’s first Baird Fellow. Under the fellowship, You will receive $20,000 for his second year of study and the opportunity to work with Baird mentors.
“Jay is an outstanding choice for the Baird Fellowship,” said Brian Lohr, director of MBA admissions at Notre Dame’s Mendoza College of Business. “He’s a first-class individual committed to academic excellence, ethical leadership and a sense of giving back to the greater community – all foundational values of Notre Dame and Mendoza College. Jay already has accomplished many things in his life, and I’m confident that he will continue to do so with grace and compassion.”
In addition to the MBA fellowship, the partnership includes two undergraduate, need-based scholarships worth $2,000 each, with preference given to under-represented populations and first-generation college participants. This year’s undergraduate scholarships were awarded to Andria Seneviratne, a junior accountancy major from Rockville, Md.; and Jason McClain, a junior finance major from St. Louis, Mo.
The final component of the partnership is a $1,000 funding commitment to a University organization, with preference given to organizations that work with or target under-represented populations. For the first year, the University’s Undergraduate Women in Business Association has been selected to receive the funding.
“As a Notre Dame alumnus, I’m particularly pleased for Baird to partner with Notre Dame and provide educational assistance and professional experience to dedicated, aspiring students,” said Paul Purcell, Baird chairman, president and chief executive officer. “Both the University and Baird have a vested interest in developing and supporting our future leaders.”
The Notre Dame Corporate Partners program includes a select consortium of corporations that share the University’s commitment to ethical global leadership. As part of the program, companies support Mendoza College in meeting its educational priorities while benefiting from its ethical insights, global initiatives and access to future leaders of the global economy. Participants receive preferred registration for MBA on-campus recruiting and a number of other benefits.
Baird is an employee-owned, international wealth management, capital markets, private equity and asset management firm with offices in the United States, Europe and Asia. Established in 1919, Baird has more than 2,300 associates serving the needs of individual, corporate, institutional and municipal clients. Baird oversees and manages client assets of $62 billion. Committed to being a great place to work, Baird ranked number 14 on FORTUNE’s “100 Best Companies to Work For”® in 2009 — its sixth consecutive year on the list. Baird’s principal operating subsidiaries are Robert W. Baird & Co. in the United States and Robert W. Baird Group Ltd. in Europe. Baird also has an operating subsidiary in Asia supporting Baird’s private equity operations. For more information, please visit Baird’s Web site at www.rwbaird.com.
Contact: Anne Crago, public relations coordinator, Baird, 414-298-6081, acrago@rwbaird.com.
By: Carol Elliott, Director of Newswriting
Mendoza College of Business
April 14, 2009
Career Development
Congratulations to Pat Perrella
The Mendoza College of Business is pleased to announce that Patrick Perrella has been promoted to Director of MBA Career Development. In this capacity, Pat is responsible for career development activities for the full-time MBA program, Executive MBA program, and services to MBA alumni. Prior to joining MBA Career Development two years ago, Pat had a 12-year international banking career with Citi. He received his MBA in Finance and Marketing from the Kelley School of Business at Indiana University and his bachelor degree from the University of Notre Dame.
New ND MBA Recruiters Guide Now Available
The 2009-2010 MBA Recruiters Guide is now available. The Guide features comprehensive information on the Notre Dame Talent Manager™, the Mendoza Corporate Partners Program, upcoming Career Catalyst™ events, recruiting policies and procedures, and more. Please contact us if you would prefer a copy sent to you via U.S. mail: mliving1@nd.edu.
Looking for Fresh MBA Talent?
The latest MBA Class of 2009 Resume Book is available here. The resume book contains the resumes of our recent MBA graduates who are available to fill any just-in-time hiring needs. If you know of any good employment leads and see a resume that appears to be a relevant match, please contact these fellow Mendoza Graduate Alumni and help them in the next phase of their professional and personal journeys.
MBA Career Development Advisory Board
MBA Career Development held its inaugural Advisory Board meeting on Thursday, May 7, 2009, at Notre Dame. The successful meeting included participants from Whirlpool Corporation, Stryker, Robert Bosch LLC, IBM, Boeing, Xerox Corporation, and Emerson Electric Company. The Board heard from several Notre Dame staff and faculty members, discussed current recruiting policies, and had an open discussion with MBA Career Development regarding upcoming ideas and initiatives. The next Advisory Board meeting will be held on Friday, October 2, 2009. Please contact Pat Perrella if you are interested in becoming a board member: pperrella@nd.edu.
Coming Soon: New MBA Mentor Release
Thank you to the more than 500 alumni who have registered for the MBA Mentor Program since its launch a few years ago. The opportunity for professional development and networking with experienced alumni in industry has been invaluable to our students. Several students in the classes of 2008 and 2009 credit their full-time job offers directly to the aid of their mentors, even though placement is not the MBA Mentor Program goal. You are making a difference!
This summer we will launch a more robust system that will address feedback received from mentor and students. Similar to LinkedIn, the new system will offer real-time student-mentor matching driven by students’ needs and interests, enhanced communication options, and improved connection to other MBA programs of interest to alumni. Additional information will be provided throughout the summer. Questions? Contact Cindy Proffitt: cproffit@nd.edu.
National Black MBA Association Conference
MBA Career Development, along with numerous Notre Dame MBA students, will be attending the National Black MBA Association (NBMBAA) Conference, held in New Orleans, LA, September 22 – 26, 2009. We would like to invite our local alumni to join us and meet our great students. If your company will be attending the NBMBAA Conference, we invite you to stop by our booth, 2731, at the Career Fair, on both Thursday, Sept. 24, and Friday, Sept. 25, 2009, to meet our staff and connect with our students. We also are hosting a Hospitality Reception on Thursday evening from 6:00 – 9:00 p.m. in the Iberville Room at the JW Marriott New Orleans Hotel. If you would like to attend the reception, please contact Megan Pocock: mliving1@nd.edu. For more information, please visit the NBMBAA Web site.
EMBA
Appointment of Charles Celli:
As the new Head of Completions EMEA & Asia and General Manager
of Jet Aviation Basel
Following a comprehensive search by Jet Aviation, industry veteran Charles Celli has been selected as new head of completions line of business for EMEA & Asia and general manager of Jet Aviation Basel. As of mid-April 2009, he will begin his new assignment based in Basel, Switzerland. In his role as general manager, he will be responsible for facility management, supply chain management and quality, and will represent the company externally to authorities and the local community. For the completions line of business, his functions include narrow and wide-body outfitting and refurbishment in addition to the Dassault Falcon completions line. Major undertakings will also be the development of the Boeing 787 product line, the evaluation of the Airbus 350 and Boeing 747-8 programs.
Celli started his professional career at McDonnell Douglas and continued later with The Boeing Company in Long Beach, Calif., in various managerial functions, working the last two years as director of product quality verification commercial programs. In 2000, Celli joined Gulfstream Aerospace Corporation first as director of completions in Dallas, Texas, and later was promoted to director of service center operations in Savannah, Ga. Since May 2003, he served at the company's site in Dallas as vice president and general manager. Celli is a graduate of California State University Long Beach and holds a Master of Business Administration from the University of Notre Dame, Chicago Executive MBA class of 2006. He also holds an FAA Airframe and Power Plant License.
The Executive Education Program at the University of Notre Dame presented seven awards to faculty members, business partners and a Notre Dame alumnus in recognition of their strong commitment to developing their workforce, as well as for their contributions to the Executive Education program and providing leadership in terms of ethics, creativity and innovation.
Presented annually since 1992, the awards were given recently at the Executive Education awards banquet.
We are delighted to announce the appointment of Roger P. Mahoney as Director of Audit for the University of Notre Dame effective August 1, 2009. In his new role Roger will report directly to the President of the University and the Audit Committee of the Board of Trustees and will lead the Internal Audit function for the University. A graduate of Governors State University (BA,1988) and the University of Notre Dame (Executive Master of Business Administration, 2005) Roger is currently Director of Sarbanes Oxley compliance for NiSource, Inc. (NYSE: NI), an $8.7 billion energy company headquartered in Merrillville, Indiana.
Mahoney’s first job was as a regional controller for Inn Development and Management, Inc., a small management company that owned several resort hotels where he advanced to the position of regional controller. In 1994, Mahoney joined Universal Fire & Casualty Insurance Company as a manager for its accounting and financial reporting functions. In 1997, Mahoney joined NiSource in the corporate accounting area. For the next three years he progressively added title and responsibility, becoming Manager of Corporate Accounting where he oversaw a staff of 40 and was responsible for all accounting functions and financial reporting. In January of 2001, Mahoney was named Director of Internal Audit where for the next four years he directed the corporate internal audit staff, performing operational, financial and regulatory compliance audits. In March 2005, NiSource asked Mahoney to be Director of Sarbanes Oxley compliance where he leads executive management through the annual assessment of internal controls over all financial reporting and SEC certifications.
He also serves as a key member of the business transformation team that is responsible for achieving common systems and processes across all NiSource business units. Additionally, Roger was a member of the Executive Leadership Council and Risk Management Committee of NiSource. Please join us in welcoming Roger to the Notre Dame family.
William J. Shaw Rev. John I. Jenkins, C.S.C.
Board of Trustees President
MNA: Making a Difference By Doing Great Work in the Nonprofit Sector
The New Class
This is the 55th anniversary of the MNA degree which was established in 1954 by Fr. Hesburgh.
This summer, the MNA Program will have the largest incoming class since the reorganization in 2001, namely 28 students. This incoming class has some very accomplished leaders such as a university president (Southern Utah University), a doctor from the Mayo Clinic, and a retired president of a construction company who wants to prepare for a second career in philanthropy.
Other nonprofit organizations represented in the class of 2009 are: The Salvation Army, Lutheran Services of Michigan, Catholic Health Care West, and the armed forces(United States Army and the Marine Corps).
Nonprofit Governance:
The Why, What, and
How of Nonprofit
Boardship
Written by John Tropman, professor and associate dean of the School of Social Work at the University of Michigan, and Thomas J. Harvey, director of the Master in Nonprofit Administration Program in the Mendoza College of Business at the University of Notre Dame, NonProfit Governance offers up-to-date, comprehensive information and practical suggestions that will be of crucial aid to any nonprofit organization, large or small. Among the topics addressed are:
Historical roots of the voluntary sector in America
A complete discussion of the key functions of nonprofit Boards
Suggestions for Board organization
Best Practices for Board meetings
Best practices for Board decisions
Legal issues that affect nonprofit Boards
New guidelines for good governance from the for-profit sector
This year, 12 percent of Notre Dame’s graduating class will postpone a career for a year of service.
“Leaders in Transition,” a new certificate program offered by the Mendoza College of Business Masters of Nonprofit Administration (MNA) will help those who serve with organizations such as Holy Cross Associates or the Peace Corps transition into the workforce on their return.Tom Harvey, director of the MNA program, notes that many returning volunteers have served in impoverished or war torn regions of the world.
“It’s a big cultural transition,” he says. “How do you plan your career, dress for success, and take the skills you gained as a volunteer and transfer that to the workplace in the United States?”
The program, which is open to anyone nationwide who has completed a year or more of full-time community service within the last 12 months, will be held from Aug. 9 through 14. Other than a $25 application fee, the program is free to participants, and includes a $250 stipend for meals and expenses.
“Leaders in Transition” is presented in collaboration with the Center for Social Concerns, the Alumni Association and the Career Center. The five-and-a-half-day program is funded by a grant from the Arthur Foundation, which has made a commitment to enhancing the quality of leadership among nonprofit managers nationwide, Harvey notes.The first day of the program will include an informal debriefing session, giving participants the chance to network and share their stories. Based on evaluations from 2008, there will be more self-assessment tools offered, says Marc Hardy, director of nonprofit executive education.“A lot of people are confused about what they should do next. They often go through an angry period, coming back here where people have so much,” he says.In 2009, participants will use three different personal and professional assessments to discover their strengths and weaknesses, fields they might want to look at and positions within those fields.“How can you keep the passion that led you to voluntary service alive in the workplace?” Tom Harvey asks. “That’s why we call it ‘Leaders in Transition.’ If someone was motivated enough to put off their career for a year, they’re already leaders. We want to accentuate the qualities they’re already demonstrating.”
The MS in Accountancy summer students planned a golf tournament on June 17, 2009 to raise money for two local charities, Northern Indiana Food Bank and Hannah and Friends.
They were successful in raising $1,491.00, which will be split between the charities. The golf event was preceded by a dinner on June 16 in the Press Box with two guest speakers, both from Notre Dame.
Updates
Alex Casajuana got married May 31, 2008.
Robert (Bobby) Carnes is getting married July 25th, 2009.
Alden Moon got married on May 27th, 2009.
Kara Tappen passed the CPA.
Joseph Payne was promoted to director in September 2008.
Abby Merchant (Powell) has been married for over 2 years and has her CPA.
Leah Hunte will be getting married on August 1st, 2009 to Eddie Lewis in Anguilla, British West Indies.
Luke Watson got married in July of 2008. Georganne is a University of Kentucky grad, also a runner, and she's in grad school for a master's in education. In July 2008 Luke competed in the Olympic Trials in the 3000m steeplechase. This year he qualified for the 2012 Olympic Trials Marathon, and will compete in the Twin Cities Marathon in October. He survived his first year of his Ph.D. program and is teaching Individual Income Taxes this summer as well as working on a research paper.
Stephen Curasco got married on November 15, 2008 in Key West.
Monica (Smith) Diamond was promoted to manager at True Partners Consulting in January 2009.
Stephany Foster Spahr recently had her first child, Chase Foster Spahr, on October 30, 2008.
Mitch DePoy's daughter Taylor turned 2 on June 6th, 2009. His wife, Sarah, recently completed a transition to teaching program at Anderson University and is hoping to teach at the elementary level in the fall.
Brian O'Reilly has two children, Gabriella, age 3, and Owen, age 1.
Thomas Perez became licensed as a CPA in Illinois this year. He left E&Y to join Sikich LLP in January with a promotion to Tax Supervisor. He and his wife are expecting their second child in early September.
Kathryn (Schulteis) Bosch has two children, Madeline and Kenneth.
Christopher Gliori got his CPA certification in September 2008.
Alfredo Suarez's daughter was born March 4, 2008. Licensed CPA in Florida and North Carolina.
Daniel Golish's first son, Brendan, was born April 15, 2008.
John Tira earned CPA and CFE credentials.
Executive Integral Leadership
Your Key to Leadership Success
Want to learn how to receive feedback from your team members, peers, and boss all at once while embracing new leadership tools? Nearly 1,200 executives have done just that with the help of The Leadership Circle Profile (TLCP) and Notre Dame’s Executive Integral Leadership week on campus. Offered as a part of your Executive Integral Leadership experience, TLCP is a next-generation leadership development tool that goes beyond identifying one’s strengths and weaknesses. It reveals internal assumptions that are at the root of conflicting behaviors and that constrain the full deployment of one’s strengths. The net result is that breakthrough insight and learning are more readily available to you. Through the implementation of personal changes, you will be able to increase your effectiveness markedly.
Discover how you can take your successful leadership to the next level at the October 25-30 session of Executive Integral Leadership at Notre Dame. Applicants must have 15-plus years of experience, and may apply online before September 25. For questions, contact Sue Callaghan at 574-631-0564 or callaghan.9@nd.edu.
Mendoza College of Business
Business faculty receive grant for
teen obesity project
Two faculty members in Notre Dame’s Mendoza College of Business recently won a grant that will be used to help fight teen obesity in the local community. Elizabeth Moore, associate professor of marketing, and Corey Angst, assistant professor of management, received the Rodney F. Ganey Community-Based Research Grant in the amount of $7,000 to support their study of the role of personalized information technology interventions in teen obesity management.
Moore and Angst’s project brings together not only their respective research expertise in childhood obesity and health information technology, but it focuses on two other national trends – a looming crisis in national health and the increasing incorporation of technology into average lifestyles.
“If a child is obese, there is an 80 percent chance of being obese as an adult,” said Moore. “And with obesity, individuals are likely to suffer from a range of serious health issues, such as diabetes and heart disease. If the current trends continue, America is facing a massive health-care problem.”
Even though obesity has moved to the forefront of public consciousness in many ways, using innovations in information technology to impact health and lifestyle choices is getting very little research attention right now, said Angst.
“Yet technology is so ubiquitous. This project is really all about the information technology piece,” he added. “Kids are interested in technology; they’re comfortable with it. Almost all teens, even from low-income families, have cell phones.”
The project, slated to launch in June, will use cell phones, text messaging and social networking sites such as Facebook to reach out to adolescents in the city of South Bend. The idea is that at-risk teens can be contacted with messaging to encourage better health habits through media with which they are very comfortable.
The researchers are working with Memorial Family Medicine, a local medical practice that serves primarily inner-city, very low-income families. For the study, Memorial Family Medicine physicians will identify a group of under served teens who either have a high body mass index, indicating obesity, or are considered “at-risk” due to family and environmental conditions. Over a period of six months, Moore and Angst will collect both self-reported and clinically collected health data from subjects randomly assigned to a treatment or a control group. The interventions will range from text messages to the traditional brochure-based obesity literature.
What messages will be delivered and how – whether the teen will receive a personalized text message from a doctor, or perhaps coaching from a Facebook page – is yet to be determined. Since there is so little established research in this area, Moore and Angst will have to originate most of the procedures, based on studying the culture and lifestyles of their subjects.
Moore is an expert in the area of marketing to children. She recently edited and compiled four studies examining the interface of food marketing, childhood obesity and public policy. In a 2007 article authored with Victoria Rideout of the Kaiser Family Foundation, Moore explored the expanded reach of advertisers through Web sites specifically designed for children.
Angst conducts research on the transformational effect of technology usage, particularly in the healthcare industry. He has investigated the diffusion of disruptive healthcare innovations and the relationship to financial value and quality of care. Angst has conducted research and consulted in the health-care information technology domain for many large multinational companies and the federal government.
The Ganey grant received by Moore and Angst was one of three “mini-grants” intended to support faculty-student-community research partnerships addressing a social challenge faced by community organizations. The results of their project will help Memorial Family Medicine better address the health needs of its adolescent population.
By: Carol Elliott, Director of Newswriting
Mendoza College of Business
April 24, 2009
Business professor honored with lifetime
achievement award
William L. Wilkie, the Aloysius and Eleanor Nathe Professor of Marketing at the University of Notre Dame’s Mendoza College of Business, recently received the Lifetime Achievement Award from the Marketing and Society Special Interest Group of the American Marketing Association (AMA). The award recognizes outstanding contributions in the field of marketing and society, public policy and marketing ethics.
Wilkie will receive the award in August during the 2009 AMA Summer Educator’s Conference in Chicago.
The leading professional association for marketing scholars and practitioners in North America, the Marketing and Society Special Interest Group represents marketing scholars interested in the impact of marketing on society, and supports a number of initiatives to further scholarly research and teaching in this area.
Wilkie earned a bachelor’s degree from Notre Dame and master of business administration and doctoral degrees from Stanford University.
A member of the Notre Dame faculty since 1987, Wilkie is among the most cited authors in the field of marketing and has been named as one of 28 “thought leaders” in marketing – authors whose work has shifted thinking in the field. One of his articles has achieved the status of “Social Science Citation Classic” by the Institute for Scientific Information. Wilkie’s widely used textbook “Consumer Behavior” is considered a classic marketing text.
In 1972, Wilkie was the first marketing professor to be named as in-house consultant to the Federal Trade Commission in the Bureau of Consumer Protection, where he instituted a revolving consultant position in which 30 professors later joined bringing their research to bear on consumer issues. He is recognized as one of the most influential marketing academics in the public policy domain, authoring numerous articles on FTC policy, corrective advertising, bait-and-switch tactics and direct-to-consumer advertising.
In 2001, Wilkie received the prestigious McGraw Hill/Irwin Distinguished Educator Award from the AMA, the highest honor a marketing educator can receive. He twice won the Kinnear Outstanding Article Award for best article in the Journal of Public Policy & Marketing, for which he has served as guest editor. Wilkie also has served as president of the Association for Consumer Research, an international professional group with more than 1,600 members in 30 nations.
By: Carol Elliott, Director of Newswriting
Mendoza College of Business
June 4, 2009
Alumni Association launches
Notre Dame alumnae group
The University of Notre Dame Alumni Association recently launched a new initiative called ND Women Connect, which provides opportunities for women graduates to enhance their personal and professional relationships and make valuable contributions to Notre Dame, their local communities and causes that inspire them.
ND Women Connect, which is facilitated through local Notre Dame clubs, currently has chapters located in Washington, D.C., Denver, Chicago and Detroit.
“Our women graduates have told us they face challenges integrating their work life with the rest of their life,” said Dolly Duffy, associate executive director of the Alumni Association. “We created ND Women Connect to provide a channel for our alumnae to help one another. One of its unique features is that each chapter has the flexibility to decide what type of programming will best serve its members. Whether it is professional networking, book clubs, moms and babies playgroups, happy hours or retreats, ND Women Connect recognizes that our alumnae have a common bond based on shared values and backgrounds that is worth cultivating to help ND women reach their full potential.”
Each chapter hosted events in May to celebrate the initiative, and the national steering committee also will do so by hosting a “Work-life Balance” seminar in conjunction with Notre Dame’s Alumni Reunion on campus. The seminar will take place Friday (June 5) at 2:30 p.m. in the Browning Cinema of the DeBartolo Performing Arts Center. Presenters will be Duffy and Brenda Torres, a 1994 graduate and partner at Crowe-Horwath.
In addition, ND Women Connect, together with the University’s Gender Relations Center, will host a special reception in honor of Sister Jean Lenz, O.S.F., former special assistant to the vice president of Student Affairs at Notre Dame, who recently retired after 35 years of service to the University. A reception will be held after the seminar at 3:45 p.m. on the Irish Green terrace at the DeBartolo Center.
Neuland Labs appoints Sucheth Davuluri as CEO
June 2009, Sucheth Rao Davuluri, (MBA '00) [more]
Wells Fargo promotes Signorelli in South Shore office
June 2009, William Signorelli, (ND '77) [more]
Mike Mitchell Named President and CEO of Dreyer's Grand Ice Cream
May 2009, Mike Mitchell, (ND '82) [more]
Everest Re Group, Ltd. Appoints Dominic Addesso Chief Financial Officer
May 2009, Dominic Addesso, (ND '75) [more]
CME Group Appoints John Pietrowicz Managing Director and CFO
April 2009, John Pietrowicz, (ND '86) [more]
Capital One Hires DiChiara as SVP
March 2009, Anthony DiChiara, (ND '92) [more]
Iapalucci Appointed Vice President and Chief Business Officer
March 2009, Philip Iapalucci, (MBA '91) [more]
Brian Evans named GEO Group's CFO
March 2009, Brian Evans, (ND '90) [more]
FBR Capital Markets Announces Additions to Its Institutional Brokerage
March 2009, Tad Nacheff, (ND '83) [more]
First Capital Promotes Strachan to Senior Executive Vice President
March 2009, Thomas Strachan, (ND '67) [more]
Raymond James CEO Names Paul Reilly as His Successor
March 2009, Paul Reilly, (MBA '78) [more]
U. S. Steel Announces Management Changes at U. S. Steel Canada Subsidiary
March 2009, David J. Rintoul, (EMBA '06) [more]
Class Notes
Alumni - What in the world are you
doing? We'd love to hear from you and your classmates would, too. Please
send an update. Send class notes to: bizalum.1@nd.edu or call Peggy Bolstetter 574-631-9590.
Do you have a story you would like to share
in the enewsletter? Send it to gradalum@nd.edu
All things considered, are the changes to the mark-to-market rule better or worse for our economy? - submitted by Kyle Woods, MBA '03 
Knowing what we do today, would you still be recommending companies maximize leverage in order to maximize profits? 
Notre Dame Club Comedy 
