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Also Inside: Simon Rises in the Rankings • First Simon School Credo • E.M.B.A. Program Turns 40 • New F.A.Ct.-Based Curriculum • 2005–2006 Report on Giving Simon BUSINESS SIMON GRADUATE SCHOOL OF BUSINESS • UNIVERSITY OF ROCHESTER Fall 2006 Simon at 20 His Sons Envision Its Future

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Also Inside: Simon Rises in the Rankings • First Simon School Credo • E.M.B.A.Program Turns 40 • New F.A.Ct.-Based Curriculum • 2005–2006 Report on Giving

SimonBUSINESS

SIMON GRADUATE SCHOOL OF BUSINESS • UNIVERSITY OF ROCHESTER

Fall 2006

Simon at 20His Sons Envision Its Future

Fall06_Cover 1/2/07 2:53 PM Page 5

Simon Spirit Shines

Simon students in the Class of 2007 showed their enthusiasm during a recent photo shoot for a forthcoming BusinessWeek online article about B-school spirit. Top photo shows (from left) DanBaker, Andrew Chang, Ghazaleh Kermaani, Rob Bircher, Lauren Galletta, Raymond Wilcox, Benita Kapadia literally supporting Dean Mark Zupan. Bottom left photo (from left)Ghazaleh Kermaani and Andrew Chang, with unnamed friend. Bottom right photo (above) Rob Bircher and (below) Raymond Wilcox, with friends.

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VOL U N T EE R

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Fall 2006

Upfront

• Recent Rankings

• Wanted: Simon Early Leaders™

• Simon Launches New General Management Master’s

• Simon Receives Major Gift for Scholarship Support

• Simon Enters the Online Blogosphere

• Lessons in Leadership

• Simon School Appointments and Promotions

Research Leadership Highlights

• Coordination in Medical Office Practices —by Sally Parker

• Simon in Top 10 for Frequency of Downloaded Research

• New Faculty Join the Simon School

E.M.B.A. Program 40th Anniversary

The Simon School’s Executive M.B.A. Program marks 40 years of excellence.

—by Kathryn Quinn Thomas

I Solemnly Swear . . .

Simon becomes one of the first top-tier business schools to institute a student-authored credo.

A Matter of F.A.Ct.

New curricular approach at Simon emphasizes how to solve complex business problems.

—by Kathryn Quinn Thomas

Cover Story

Simon at 20: His Sons Envision Its Future

As the Simon School celebrates the 20th anniversary of the School’s naming for William E. Simon,his sons reflect on their father, his legacy and the School that bears his name.

—by Hilary Appelman

2005–2006 Report on Giving

• Class Lists

• Matching Gift Corporations

• Corporate and Foundation Support

Alumni News

• Dean’s Corner

• Alumni Gatherings

• Mergers and Acquisitions

• Class Notes

• Alumni Leader Profiles: Gary P. Johnson ’83, John MacDonald ’86, Gail Evans ’94,* Stefan Bodenstab ’01* and Cory Fasold ’05 and Lyndie Siff ’05

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On the cover:

William E. Simon Jr. (at left) and J. Peter Simon, in the Seward Room inRush Rhees Library on the University of Rochester River Campus.

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Simon Admissions Is Coming to You39

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DeanMark Zupan

Admissions and Financial AidGregory V. MacDonaldExecutive Director of M.B.A. Admissions andAdministration

Alumni Relations and DevelopmentJohn-Paul RoczniakExecutive Director of Alumni Relations andDevelopment

Career Management CenterPatricia PhillipsExecutive Director of Career Management

Executive M.B.A. ProgramsGeorge J. Andrews III ’03*Executive Director of E.M.B.A. Programs

External Relations and M.B.A.

AdministrationHollis S. BuddAssociate Dean for External Relations andM.B.A. Administration

Faculty and ResearchRonald W. HansenSenior Associate Dean for Faculty and Research

Information TechnologiesPatrick S. MillerExecutive Director of Information Technologies

Marketing and CommunicationsDawn S. McWilliamsExecutive Director of Marketing andCommunications

M.B.A. ProgramsSteven S. PosavacAssociate Dean for M.B.A. Programs

Ph.D. ProgramRajiv M. DewanChairman, Ph.D. Program

EditorCharla Stevens Kucko

Contributing WritersHilary Appelman, Gregory V. MacDonald,Sally Parker, Andreas Schwander, KathrynQuinn Thomas

Art Director/DesignerGeri McCormick

Production ManagerJohn M. Robortella

Copy EditorsCeil Goldman, Dawn S. McWilliams

PhotographyAnnette Dragon, John Smillie

Simon Alumni News

Contributing WritersShelly Jansen, Joy Underhill

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SIMONBUSINESS, Vol. 20, No. 3 © 2006. ISSN 1077-5323Published three times per year by the University of Rochester, William E.Simon Graduate School of Business Administration, Carol G. Simon Hall,Box 270100, Rochester, New York 14627-0100.

Office of Marketing and Communications: (585) 275-3736 (phone), (585)275-9331 (fax), [email protected].

Postmaster: Send address changes to the William E. Simon Graduate Schoolof Business Administration, Carol G. Simon Hall, Box 270100, University ofRochester, Rochester, New York 14627-0100.

© 2006 William E. Simon Graduate School of Business Administration,University of Rochester

www.simon.rochester.edu

Executive Advisory Committee

J. Peter Simon, Chairman

Mark S. Ain, M.B.A. ’67John W. Anderson, M.B.A. ’80Matthew S. Aroesty, M.B.A. ’90Ajay Asija, M.B.A. ’96Neil A. Augustine, B.A. ’88, M.B.A. ’89Michael J. Behrman, M.B.A. ’92Joseph M. BellJay S. Benet, M.B.A. ’76Taj S. Bindra, M.B.A. ’86Paul A. Brands, M.B.A. ’66Steven P. Brigham, M.B.A. ’99*David J. Burns, M.B.A. ’78Andrew M. CarterEduardo Centola, M.B.A. ’93Kevin P. Collins, M.B.A. ’82Donald L. (Skip) Conover, M.B.A. ’79*W. Michael Corkran, M.B.A. ’77José J. Coronas, M.B.A. ’75*Clifford J. Corrall, M.B.A. ’87Richard G. Couch, M.B.A. ’79*Frank G. Creamer Jr., M.B.A. ’70Carol A. (John) Davidson, M.B.A. ’88John L. (Jack) Davies, M.B.A. ’73Harindra de Silva, M.B.A. ’84Joseph G. Doody, M.B.A. ’75Christopher T. Dunstan, B.S. ’77, M.B.A. ’81Ronald H. Fielding, M.B.A. ’76Barry W. Florescue, B.S. ’66Philip G. Fraher, M.B.A. ’93Roger B. Friedlander, B.S. ’56W. Barry Gilbert, M.B.A. ’82James S. Gleason, M.B.A. ’68*Robert B. Goergen, B.A. ’60Bruce M. Greenwald, M.B.A. ’69Mark B. Grier, M.B.A. ’80Janet HansonJeff HansonJoseph Honick

Robert O. Hudson, M.B.A. ’80*Charles R. Hughes, M.B.A. ’70Rene F. Jones, M.B.A. ’92Vineet Kapur, M.B.A. ’99David T. Kearns, B.A. ’52Robert J. Keegan, M.B.A. ’72John M. KellyDennis KesslerRonald B. Knight, M.B.A. ’61Robert B. KoegelEvans Y. Lam, B.A. ’83, M.B.A. ’84Daniel G. Lazarek, M.B.A. ’91Rohtash MalJeff E. Margolis, M.B.A. ’78Donna L. Matheson, M.B.A. ’79Brad MillsCarlos P. Naudon, M.B.A. ’74Steffen W. Parratt, B.S. ’85, M.B.A. ’87James PieresonDavid Reh, M.B.A. ’67Robert E. Rich Jr., M.B.A. ’69*Efrain Rivera, M.B.A. ’89Stephen E. Rogers, M.B.A. ’90Michael P. Ryan, B.S. ’81, M.B.A. ’84William D. Ryan, B.A. ’49Richard SandsLeonard Schutzman, M.B.A. ’69Joel Seligman (ex officio)George J. Sella Jr.William E. Simon Jr., Esq.Gregg M. SteinbergJoel M. SternMichael C. Stone, M.B.A. ’95*Amy Leenhouts Tait, M.B.A. ’85*Andrew J. Thomas, M.B.A. ’91Jon Van Duyne, M.B.A. ’85Kathy N. Waller, M.B.A. ’83Ralph R. Whitney Jr., M.B.A. ’73*Janice M. Willett, M.B.A. ’78Joseph T. Willett, M.B.A. ’75Timothy W. Williams, M.B.A. ’86*

*Executive M.B.A. graduate

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The Simon School is again ranked amongthe best business schools in the world in re-cent national and international rankings.

Simon is ranked 28th among the nation’stop 30 graduate business schools byBusinessWeek magazine in its “Best BusinessSchools of 2006” ranking in the October23, 2006, issue. The Simon School ranked29th in 2004 in the biennial survey.

Graduates and corporate recruiters whowere surveyed gave the Simon School highmarks in the ranking’s three main cate-gories: student satisfaction (45 percent ofthe overall ranking), recruiter satisfaction(45 percent of the overall ranking) and in-tellectual capital (10 percent of the overallranking). The Simon School earned “A’s”from corporate recruiters for the quality ofstudents’ communication, teamwork andanalytic skills, and graduates gave Simon an“A” for teaching quality.

“We can take just pride in this recogni-tion of our teaching quality and our recentefforts to match corporate recruiters withthe best possible candidates for their posi-tions,” says Simon School Dean MarkZupan.

In terms of return on investment, theSimon School ranked 7th for the valueadded by the M.B.A. degree to earningpotential as measured (in 2004) byBusinessWeek 10 years post-graduation.

During an online Webcast counting downthe nation’s top business schools onOctober 12, 2006, BusinessWeek editorscited Simon as one of the ranked schoolswhose graduates recouped their investmentin M.B.A. education in five years or less,ahead of several of the highest ranked busi-ness schools in the survey.

Simon is 6th on the regional list of 51 ofthe nation’s top business schools in an an-nual survey published in the September 20,2006, issue of The Wall Street Journal, upfrom 17th last year.

The Wall Street Journal/Harris Interactive2006 “Business School Year 6” survey ranksthe Simon School 7th in both accountingand finance, and 8th in the ranking by in-dustry for financial services among all ofthe 264 surveyed business schools. In addi-tion, the Simon School is featured promi-nently in a sidebar article, “Is LessEnough?,” about its specialized master’sprograms in Accountancy, Marketing,Medical Management, and new this year,General Management (see p. 5).

The published rankings are based on asurvey of 4,125 corporate recruiters regard-ing 185 leading U.S. business schools and79 non-U.S. schools. Three categories (na-tional, regional and international) are usedby The Wall Street Journal/HarrisInteractive to rank the schools. In all, 85schools were featured (19 in the nationalcategory, 51 in the regional category and24 in the international category). The fac-tors that distinguish national from regionalcategories are recruiting reach as well asoverall student enrollment. All but one ofthe national schools had at least 400 full-time students.

Overall, the survey found that the topfive attributes (of 21 total) recruiters valuedmost in M.B.A. students were: 1) commu-nication and interpersonal skills, 2) abilityto work well within a team, 3) personalethics and integrity, 4) analytical and prob-lem-solving skills, and 5) work ethic.

“The quality of our student body and re-cent curricular enhancements, combined

with more targeted corporate relations ef-forts to effectively match our students withthe corporations that recruit at the SimonSchool, has contributed to our rise in TheWall Street Journal/Harris Interactive rank-ing,” says Zupan.

Simon is tied for26th with theUniversity of Toronto’sRotman School ofManagement amongthe world’s top 50business schools forMexican managers inan inaugural survey,“The Best GlobalM.B.A.’s 2006,” byExpansión magazine. Inits August 23, 2006,issue, Expansión ranked the Simon School19th among U.S. business schools.Stanford University’s Graduate School ofBusiness tops the global list.

The survey of managers from 105 ofMexico’s Expansión 500 largest companiesmeasures the market value and educationalexperience for a Mexican manager of a full-time M.B.A. in a foreign business school.Market value is determined by the aca-demic quality of schools’ average G.M.A.T.scores and rankings of publications by busi-ness school faculty members by theFinancial Times of London, as well as by re-turn on global investment based on schools’immediate post-M.B.A. salary levels. Othercriteria include the experience factor basedon the percentage of foreign students in thefull-time M.B.A. program as well as thenumber of countries those students repre-sent; and perceived value in the Mexicanmarket reflected by the opinions of topMexican headhunters and human relationsdirectors surveyed in Expansión’s “500 MostImportant Companies in Mexico.”

“Moving forward, our long-run objective is to play at the highest levelsnationally and internationally,” says Zupan.“We are committed to providing a first-rate management education while remain-ing focused on a process of continuousimprovement.”

UPFRONT

Recent Rankings

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In today’s highly competitive M.B.A.admissions market, we have to becomemore assertive in promoting our history ofattracting the best young M.B.A. talent.

In January 2006, we officially launchedthe Simon Early Leaders™ award andscholarship program. Under the directionof Jacqueline Thomas, who previouslymanaged the corporate awards program inthe University of Rochester’s College ofArts, Sciences and Engineering, we havedeveloped a database of key influencers(e.g., alumni, faculty members, collegecoaches) from whom we annually seeknominations for this award. Nominationsfor the Early Leaders award are basedupon a candidate’s demonstrated leader-ship potential and interest in graduatebusiness training. The majority of the 200nominees received thus far have been cur-rent college juniors and seniors. SimonEarly Leaders award recipients receive aSimon commemorative marble statue, afee-waived application, and a minimumof $5,000 per year in merit scholarshipsupport if admitted to a degree program.

There have been media reports thatother top business schools (namely,Stanford and Harvard) are becomingmore open to younger applicants. As ourgoal is to “own the market,” we are in theprocess of registering the trademark forthe Early Leaders initiative.

Overall, our goal is to attract studentswho are best suited to take advantage ofthe distinctive qualities of our world-classprogram. While maintaining our focus onadmission quality, we can still increaseour enrollment and remain the right sizeto provide a truly personalized businessschool experience.

To learn more about the Simon EarlyLeaders initiative, or to become active inthe nomination process, please e-mail meat [email protected].

side effects of this practice was adecrease in gender diversity asM.B.A. programs became viewedas a less viable option for somewomen reaching their late 20’s.Without a delayed-start expecta-tion, many law and medicalschools have been more successfulat maintaining gender balance intheir programs.

As our alumni know so well, thecross-functional, economics-basedcurriculum featured at Simon isgeared toward students who areseeking a rigorous program basedon business principles in the majorbusiness disciplines: finance, ac-counting, marketing and opera-tions. To be a successful studentwithin this environment, educa-tional background is deemed to bejust as important as previous workexperience.

While most business schoolsturned their attention to oldercandidates, the Simon School hasalways been open to considering

younger sources of talent, and many ofour prominent alumni took advantage ofthis access. Among them, for example, areAndrew J. Thomas ’91, president andC.E.O. of Heineken USA; Joan Lavis ’83,global head of strategic planning andbusiness development at UBS; DeborahMajewski ’89, senior vice president atBank of America; Harindra de Silva ’84,president of Analytic Investors Inc.;Joseph T. Willett ’75, former C.F.O. ofMerrill Lynch and Co. Inc. and retiredC.O.O. of Merrill’s European region; andJanice M. Willett ’78, director of businesscommunication at Simon, former seniormanuscript editor for the Journal ofFinancial Economics and associate editorof the Journal of Applied CorporateFinance.

In the spring and summer of 2005, seniorfaculty and leadership within the SimonSchool began to explore the reasons, forthe previous quarter century, that topbusiness schools had been gravitatingtoward older students to fill their full-time M.B.A. classes. After much discus-sion and debate, it was agreed that thiswas due in part to the advent of nationalmedia rankings of M.B.A. programs be-ginning in the mid 1980’s, and attemptsto bolster the average starting salaries be-cause of the weight they carry in theranking formulas.

Unlike other professional schools, suchas medicine or law, top business schoolswere, in effect, telling potential applicantsto go to work for five to seven years be-fore submitting applications. One of the

Wanted: Simon Early Leaders™

—by Gregory V. MacDonald

SB

Brad Grattan (at right), a Simon Early Leader award recipient, meets Ed Hajim,B.S. ’58, chairman and C.E.O. of MLH Capital L.L.C., University trustee andgenerous supporter of programs for younger sources of M.B.A. talent, including the Summer Business Institute @ Simon.

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Simon Launches NewGeneral ManagementMaster’s

The Simon School is now offering a newM.S. degree in business administrationwith a concentration in GeneralManagement.

The master’s program will allow busyworking professionals to gain necessarygeneral management skills in a one-yeartime frame on a full-time basis. (The op-tion to pursue a part-time course of studyis also available.)

During the past two years, the SimonSchool has launched master’s programs inAccountancy, Marketing and MedicalManagement. The Simon School’s M.S.program is grounded in the foundationaldiscipline of economics.

“This new program coincides with ourstrategic plan to recruit and teach out-standing individuals who are prepared tobecome effective managers and leaders,”notes Dean Mark Zupan. “Our right sizeand highly personalized approach allowsus to offer an integrated and innovativemethod of management education and re-search.”

Prospective students wishing to apply tothe M.S. program must meet SimonSchool M.S. admissions criteria. For fur-ther information about the degree, contactSteven S. Posavac, associate dean forM.B.A. programs, at [email protected] or (585) 275-7386.For admissions information, contactGregory V. MacDonald, executive directorof M.B.A. admissions and administration,at (585) 275-3533 or [email protected].

Simon Receives Major Gift forScholarship Support

Gary P. Johnson ’83 is giving the SimonSchool $250,000 to provide general schol-arship support for Simon students.

Johnson recently retired following acareer in investment management withMellon Bank. “A Simon M.B.A. made mycareer in finance possible,” says Johnson.Now, he wants to help make a SimonM.B.A. possible for others.

“We are very grateful to Gary Johnsonfor this generous gift to the SimonSchool,” says Dean Mark Zupan. “It willhelp us to offer scholarship support tostudents who might not otherwise be ableto pursue an M.B.A. education.”

These days, Johnson is heavily involvedin efforts to save open space in southernMassachusetts and to preserve Maine’sBuzzards Bay—causes that he is passion-ate about.

For more on Johnson, see the AlumniLeader Profile on p. 42.

Simon Enters theOnline Blogosphere

The Simon School is one of only a selectfew top-ranked national business schoolsto launch an online communications blog.

The Simon School CommunicationsBlog, located on the Web at http://simonschool.typepad.com/communicationsblog/, is intended to be a communication forum for media as wellas current and prospective business schoolstudents around the world to discuss busi-ness topics in the news and issues inM.B.A. education.

“The Simon School is known as theplace “where thinkers become leaders™,”so it is fitting that we are among the firsttop-ranked business schools to start a con-versation about business and business edu-cation on the Web,” says Simon SchoolDean Mark Zupan. “We invite and en-courage dialogue about issues facing lead-ers in the global marketplace as well astrends in M.B.A. education.”

The blog is being written by CharlaStevens Kucko, director of marketing andcommunications and director of mediarelations at the Simon School. Kucko is aformer TV news reporter and anchor atthe ABC affiliate in Rochester, N.Y.

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Gary P. Johnson ’83

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Top National Business Leaders Visit Simon

The Simon School hosted another impressive group of national executives this past fall to speak tostudents about their careers and current challenges. Recent speakers have included:

Joseph P. Mack, B.A. ’55, retired chairman and C.E.O. of Saatchi & SaatchiAdvertising, president of MT Development Co., and University of Rochestertrustee, talked about his career in marketing and advertising during a KalmbachLecture on October 4, 2006, in conjunction with the Simon Brand ManagementLecture Series and the student-run Simon Marketing Association. During his 35years with Saatchi & Saatchi (previously Dancer Fitzgerald Sample) in New YorkCity, Mack’s clients included General Mills, Sara Lee, Procter & Gamble,Glidden, Nabisco, Burger King and Wendy’s, for whom his team developed the“Where’s the Beef?” campaign. Since his retirement in 1993, he has created areal estate development firm on the New Jersey shore.

John C. (Jack) Bogle, founder and retired C.E.O. of The VanguardGroup, spoke at the Simon School on September 12, 2006, at anexecutive chat with E.M.B.A. students moderated by Professor MichaelJ. Barclay. A pioneer in the mutual fund industry, Bogle introduced thefirst S&P 500 index fund, the Vanguard 500 Index, in 1976. Boglebegan his career at Wellington Management Company, working his wayup to chairman. He founded Vanguard in 1974, and under his direction,it became the second largest mutual fund company in the world. Theauthor of several books on mutual funds and investing, Bogle advocatesa “back to basics” strategy for financial goals.

Rohtash Mal, C.E.O. of Bharti Televentures Ltd. and memberof the Simon School Executive Advisory Committee, discussedthe topic, “Doing Business in India in the 21st Century: Pitfallsand Challenges,” during a Kalmbach Lecture on September27, 2006. In his current role, Mal built on his more than 25years of experience in industries including automobiles, chem-icals, paper, exports and telecommunications to help his com-pany become the first private player to successfully implementbroadband and fixed-line telecom services in Delhi. Under hisleadership, the firm has expanded to more than 36 cities inIndia with an annual turnover of $100 million.

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The Simon School is committed to usingrigorous training in finance, economics andother disciplines to help students becomepowerful leaders. One valuable componentof that training is a leadership seminartaught by former longtime Simon Schoolfaculty member Michael C. Jensen andother consultants utilizing a unique tech-nology for generating leadership.

Dean Mark Zupan was concerned thatlearning leadership by the traditional case-study method was too passive—a bit likelearning to play golf by watching TigerWoods on television—something crucial ismissing from the education, he says. Heturned to Jensen, who has done extensiveresearch on the study of leadership.

What evolved was a leadership seminar,inaugurated at Simon in September 2005,designed and taught by Jensen, OlgaLoffredi, Allan Scherr and Steve Zaffron.The School opted to offer the non-creditcourse during orientation to ensure thateveryone in the Simon community—students, alumni, faculty and staff—havethe chance to benefit from the research.

Jensen, a researcher into the science ofpersonal and organizational performance, isHarvard Business School’s Jesse IsidorStraus Professor of Business AdministrationEmeritus. He is also the managing director,organizational strategy practice, for TheMonitor Group and co-founder and chair-man of Social Science Electronic PublishingInc.

Olga Loffredi is head of operations inLatin America for Insigniam, a consultingcompany, a global consultant for Insigniamprojects and a former professor at theCollege of Education and the BusinessSchool at the Federal University of Rio deJaneiro; Allan Scherr is a consultant, I.B.M.Fellow and former senior vice president,software engineering, for Massachusetts-based EMC Corp.; and Steve Zaffron isC.E.O. and chief of technology develop-ment for Insigniam in San Francisco, Calif.

The leadership model taught in thecourse comes from years of research and ap-plication by Jensen, Zaffron, Loffredi andScherr and their associates, and it has beeneffectively applied in over 200 companiesand organizations worldwide by Zaffronand Loffredi through Insigniam and by

Landmark Education in its programs forthe general public in over 21 countries.

The theory is a groundbreaking one inbusiness education: Rather than measuringsuccess, the traditional business model forsystemic improvement, this theory of lead-ership encourages leaders to study and ana-lyze system failure to catalyze vision and tolearn how to create and manage break-downs to accomplish breakthroughs in per-formance.

Zupan’s eventual aim is for the SimonSchool to become the primary resource forgraduates steeped in a new science of lead-ership. “Most schools look at individualcases, with the students learning by workingtheir way through presented problems,” hesays. “What Mike and his colleagues havedone is to create a set of tools to developleadership, so that students are not simplyreinventing wheels.”

A financial economist and organizationaltheorist, Jensen is responsible for develop-ing the principal-agent model with the lateformer Simon School Dean William H.Meckling. While at Simon, Jensen designeda course that was the seed for the “three-legged stool” economic approach to organi-zational architecture.

Those who participated in the inauguraloffering say they learned that vision, focusand integrity are key values for great lead-ers.

“In the course, for example, studentslearn the difference between leadership andmanagement,” says Sean Flaherty ’06,* vicepresident, solution strategies, for ITX Corp.

“A leader creates; a manager gets itdone,” Flaherty says. “You can’t understandleadership until you grasp that concept.

“It’s breakthrough thinking,” he notes.“And in order to have breakthroughs, youhave to have breakdowns and look at themas a positive change agent.”

The Jensen-Insigniam course is an im-portant complement to traditional financeand economics education, says James A.Brickley, Simon School Gleason Professorof Business Administration, professor ofeconomics and management and of finance.Brickley says the seminar can offer almostimmediate benefits, personal and profes-sional, for many participants.

For example, students look at ways peo-

ple get themselves into unproductive situa-tions with circular thinking.

“If you get yourself into a situation whereyou begin to think the guys around heredon’t appreciate my work, so I’m not goingto work as hard anymore, it becomes a cir-cular pattern that feeds on itself,” Brickleysays. “In the course, you get to take a lookat that kind of situation and come up witha constructive solution, not a destructiveone.”

To make sure that Simon students, fac-ulty, staff and alumni have all the learningcomponents in place to become extraordi-nary leaders, the School offered its secondannual leadership seminar in September,called “The Ontological Foundations ofLeadership and Performance.” The uniquecourse was again designed and taught byJensen, Olga Loffredi, Allan Scherr andSteve Zaffron.

Despite his long-time relationship withHarvard, Jensen says, he chose the SimonSchool for the course’s inaugural home.

“Most schools, including Harvard, arenot very venturesome,” Jensen says. “Abouta year ago in May, I was speaking at Simonand Mark Zupan and I were talking aboutpeople problems in organizations and our

Lesson in Leadership

Former Simon Professor Michael C. Jensen fields aquestion during the September 2006 leadershipseminar.

*Executive M.B.A. graduate

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experiences in the domain. That led to fur-ther conversation, which led to his invitingme to create the course.

“We wanted to take an historically softsubject like leadership and put a frameworkaround it,” Zupan says. “It was a big suc-cess—Mike’s course more than delivered.”

—Kathryn Quinn Thomas

Simon Welcomes NewExecutive AdvisoryCommittee Members

The Simon School Executive AdvisoryCommittee is welcoming four new mem-bers. They are: Michael J. Behrman ’92,executive vice president, finance, andC.F.O., Charlotte Bobcats; Carol (John)Davidson ’88, senior vice president, con-troller and chief accounting officer, TycoInternational Ltd.; Joseph Honick,founder, GMA International; and StephenE. Rogers ’90, managing director, clientrelations group, Barclays Global Investors.

The E.A.C. is a distinguished group ofleaders from the public and private sectorsthat helps guide the strategic direction ofthe Simon School.

Simon SchoolAppointmentsandPromotions

Charla Stevens Kucko hasbeen promoted to directorof marketing and commu-nications and director of media relationsat the Simon School. Her primary respon-sibilities focus on promoting the SimonSchool, its top-ranked programs, facultyand distinctions to an international mediaaudience, and editing all internal and ex-ternal publications, including SimonBusiness.

Previously, Kucko was associate directorof marketing and communications atNazareth College of Rochester, where shemanaged media relations. She is a formernews reporter and anchor at WOKR TV-13 (now 13 WHAM-TV), the ABC affili-ate in Rochester.

Kucko holds a B.A. degree in masscommunication from St. BonaventureUniversity.

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Gina Marie Mangiamelejoins the Career Manage-ment Center as assistant di-rector of counseling and ed-ucation. Previously,Mangiamele was the execu-tive director for the VictorLocal Development Corporation in Victor,N.Y., an economic development agency.Prior to that, she served as a certified busi-ness advisor for the New York State SmallBusiness Development Center in their out-reach office at S.U.N.Y. Brockport, provid-ing entrepreneurs with entrepreneurial coun-seling and education for either launching abusiness enterprise or directing them back totraditional employment opportunities.

James Monte also joins theCareer Management Centeras a career consultant. Hiscareer includes 10 yearswith Drake Beam Morin, ahuman resources consultingand outplacement firm.

Prior to that, he was a senior human re-sources executive with Eastman KodakCompany. Monte counsels Simon Schoolstudents on a full range of career and jobsearch principles, issues and strategies.

Harriette Royer has beenpromoted to director ofcounseling and educationin the Simon School CareerManagement Center.Previously, she served as as-sistant director of counsel-ing and education. Royer counsels students,develops job search-related educational cur-riculum, and manages the consulting team.She works with full-time M.B.A. studentsand E.M.B.A. students concentrating inAccounting, Health Sciences Management,Operations, and Competitive and Organ-izational Strategy.

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The Simon School and the Susan B. Anthony Center for Women’s Leadership presented the firstannual Susan B. Anthony Promise Award to Heather Harris ’92 (at left) during the WegmansL.P.G.A. luncheon on June 21, 2006. After a career in marketing consumer products for RichProducts Corp., Bausch & Lomb and Fisher-Price, Harris co-founded and became president ofredFISH Art Studios & Gallery in East Aurora, N.Y., which provides artists with studio and exhibi-tion space and offers art classes for youths and adults. Established in honor of the 100th anniversaryof Anthony’s life, the award, presented by Nora Bredes (center), director of the Anthony Center, andDean Mark Zupan, honors a Rochester woman whose career, leadership, energy and wisdompromise to help realize Anthony’s dream of equality.

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Insurance Day at Simon

Simon Students Interpret at L.P.G.A.

The Simon School received international recognition this past June when the Ladies Professional GolfAssociation (L.P.G.A.) approached Ellen Zuroski, director of the English Language and U.S. Culture Program(E.L.U.S.C.), to provide student native interpreters for its Asian golfers during the Wegmans L.P.G.A. Pro-Amheld at Locust Hill Country Club. Zuroski and the E.L.U.S.C. program, now in its 11th year, attracted the atten-tion of L.P.G.A. Tournament Director Linda Hampton, who felt that Zuroski’s Asian students, in particular, wouldhelp the professional Asian golfers on the tour feel at home in Rochester. Simon School Ph.D. candidateSangwoo Shin (above, at left) greets professional golfer Il Mi Chung of South Korea. Sayaka Watanabe’07 (left photo, at left) walks the Pro-Am with golfer Ai Miyazato of Japan.

Insurance Day 2006—The Simon School Career ManagementCenter held its first annual Insurance Day on October 13, 2006,bringing senior-level insurance executives and recruiters tocampus to network with students. Bryan Gavini ’01 (left photo,center), senior manager, finance and risk management, at LibertyInternational Underwriters shared his perspective on a career ininsurance. Lissa Alberto-Calma (below, at left), staffing consultantat The Hartford Financial Services Group Inc., discussed the in-surance industry and career strategies with Meghal Desai ’08.

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ontrary to accepted wisdom, primary care physicians’ of-fices that employ a large support staff to handle non-

doctor tasks do not necessarily function more effectivelythan their peers with no or limited staff, two Simon pro-

fessors find in a new paper.In “Division of Labor and Coordination in Medical Office

Practices,” Gregory Dobson, associate professor of operationsmanagement, and Edieal J. Pinker, associateprofessor of computers and information sys-tems, with R. Lawrence Van Horn ofVanderbilt University, examine the staffing,division of labor and resulting profitability ofprimary care physician practices in Rochester,N.Y.

As the number and types of staff positionsin a doctor’s office increase, so too do thecosts of coordinating support staff. Thesecosts, the authors find, overtake the benefitsof higher revenue realized by seeing more pa-tients.

Since the onset of managed care in the1980’s, they note, more pressure has beenplaced on doctors’ time and incomes. Studies

have shown that to compensate for constrained reimbursements,many physicians have responded by forming group practices andincreasing the number of patient visits. With that has come agreater reliance on support staff for scheduling, simple medicalcare, billing, reporting and administration.

“If the coordination time added by expanding support staff issufficiently large, eventually this effect will dominate increases inoutput from a larger staff, and additional labor inputs will degradepractice performance,” they write.

The authors’ data analysis shows that in some offices, addingstaff members can indeed have a positive effect on income by free-

ing up the doctor’s time for patient contact. However, when the newstaff member represents additional division of labor, this creates adrain on effectiveness.

One reason is that additional types of staff add to the handoffs inthe workflow. For example, if a patient calls with a medical question,the inquiry goes through a number of layers before it can be answeredby a doctor. A secretary fields the call and then talks to the nurse. Thenurse, in turn, consults with the doctor. On the other hand, in a prac-tice with no staff and fewer patients, the doctor can answer the calldirectly, dramatically diminishing the amount of time needed toprocess the inquiry.

Surprisingly, shifting work to the doctor can save the practicemoney. “Staff members may spend, for example, seven times as longto handle the call as the doctor does alone, and yet the doctor is notpaid seven times as much,” Dobson says.

There is another reason effectiveness is sacrificed with additionalstaff. Doctors with larger staff spend time being managers—coordi-nating responsibilities, refereeing conflicts and ensuring the practiceis running on course.

“The more complex you make the operation of the practice, thebigger drag you get,” Pinker says.

The costs of staff coordination can easily outweigh the productiv-ity benefits of additional staff, the authors note.

“Physicians who attempt to increase practice output by delegating a large fraction of the work to support staff gain little financially whilespending less time with each patient,” they conclude. (Research Paper CIS 05-03)

The articles for the “Research Leadership Highlights” section of SimonBusiness were written by Sally Parker, a freelance writer in Rochester,N.Y. Log on to www.SSRN.com to download copies of recent SimonSchool working papers. The site also includes a wide range of otherresearch papers.

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ResearchLeadership

Highlights

Gregory Dobson

Edieal J. Pinker

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Simon in Top 10 forFrequency ofDownloaded Research

The Simon School ranks in the top 10among the nation’s premier business schoolsfor frequency of downloaded faculty researchduring the past year, according to a recentstudy by the Social Science Research Network(SSRN). The study, which separately ranksthe top 20 U.S. and international businessschools by downloads of faculty papers fromthe SSRN eLibrary, places Simon 10th—ahead of business schools at Cornell, Duke,Northwestern, Ohio State, Stanford, theUniversity of Illinois at Urbana-Champaign,the University of California at Berkeley, theUniversity of Southern California and theUniversity of Texas at Austin. Per capita, theSimon School ranked 1st overall for totaldownloads per research paper and 5th fortotal downloads per author.

“This ranking is evidence of the signifi-cant impact that the Simon School’s premierfaculty has had on business research over thepast three decades,” says Dean Mark Zupan.“It is remarkable for a school of our size tobe so prolific in terms of cutting-edge re-search. This study places us in prestigiouscompany among leading business schools.”

More than 800 U.S. and internationalbusiness schools were ranked in the study.The full list of rankings is available atwww.ssrn.com.

New Faculty Join the Simon SchoolPaulo Albuquerque joinsthe Simon School faculty asassistant professor of mar-keting. Prior to pursuinghis Ph.D., he worked as aproduct manager and trademarketing manager at amultinational company in Lisbon, Portugal.

Albuquerque’s research interests includethe study of new product introductions,spatial and temporal diffusion of newbrands using multimarket information, andheterogeneity in the behavior of consumersand firms across geographic markets.

His current research focuses on con-sumer switching patterns to new brands

that have been progressively introducedacross local markets in the United States.

Albuquerque earned a B.A. degree inmanagement at Portuguese CatholicUniversity and a Ph.D. in marketing atAnderson School of Management at theUniversity of California, Los Angeles.

Shane Heitzman is assis-tant professor of account-ing at Simon. Previously,he was a senior fund ac-countant for the Office ofSponsored Projects at theUniversity of Arizona.

Heitzman’s research interests include therole of accounting information, taxes andincentives in mergers and acquisitions andthe effect of taxes on business decisionsand asset prices.

A Certified Public Accountant in Ari-zona, Heitzman holds a B.S. degree in busi-ness economics from Eastern Oregon Uni-versity, and a Master of Accountancy degreeand a Ph.D. in management (accountingand finance) from the University of Arizona.

Daniel H. Struble is seniorlecturer in business commu-nication and area coordina-tor of management commu-nication. Prior to joiningthe Simon School faculty, hewas a career naval officerwith tours as a helicopter pilot, flight instruc-tor, joint staff and congressional liaison offi-cer, financial specialist, helicopter squadroncommander, public affairs officer and navalattaché. Prior to his retirement from theNavy in 2006, he was in charge of the NavalR.O.T.C. Unit at the University of Rochester.

Struble has extensive experience in lead-ership and executive communicationstraining and delivery. He earned a B.A. de-gree in biology from Cornell Universityand an M.B.A. from the University ofWest Florida.

Vera Tilson is assistant pro-fessor of operations man-agement. Previously, shetaught operations manage-ment at the WeatherheadSchool of Management atCase Western Reserve

University. She has 18 years of industrial ex-perience as a software engineer and projectmanager in telecommunications, medicalinstrumentation, supply chain software andfinancial industries.

Tilson’s research interests are in supplychain management, stochastic schedulingand health care operations.

She holds an S.B. degree in electrical en-gineering from Massachusetts Institute ofTechnology, an M.S. degree in appliedmathematics from the Colorado School ofMines, and a Ph.D. in operations manage-ment from Case Western Reserve University.

Janice M. Willett ’78 isjoining the Simon Schoolfaculty as director of busi-ness communication.Willett is a seniormanuscript editor with theJournal of FinancialEconomics and a freelance financial editor.She was the associate editor of the Journalof Applied Corporate Finance (now ownedby Morgan Stanley) for five years, and col-laborated on Designing Organizations toCreate Value: From Strategy to Structurewith Simon School faculty membersJames A. Brickley, Clifford W. Smith Jr.and Jerold L. Zimmerman.

Willett began her career at Chase Manhattan Bank (now J. P. Morgan Chase & Co.).

In addition to her M.B.A. in financeand accounting at the Simon School, sheearned a B.A. degree in economics fromthe University of Michigan.

Amy Y. Zang is assistantprofessor of accounting atSimon. A recent graduateof Duke University whereshe earned a Ph.D. in ac-counting, Zang’s researchinterests are in earningsmanagement, financial analysis and man-agerial compensation. Her teaching inter-est is in financial accounting.

In addition to her Ph.D., Zang holds aB.S. degree in business administrationfrom Tsinghua University in China.

RESEARCH NEWS

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40 Years of

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E.M.B.A. Program 40th Anniversary

—by Kathryn Quinn Thomas

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t was a critical roll of the dice40 years ago by the University ofRochester’s fledgling businessschool that pioneered what has

become the international standard in ex-ecutive education. Gambling on the con-cept that employers would be willing tohelp their managers enhance their effec-tiveness by giving them regular time off toattend classes, then Dean William H.Meckling created the William E. SimonGraduate School of Business Admin-istration’s (then the College of BusinessAdministration) Executive DevelopmentProgram (E.D.P.).

The Executive Development Program,now called the Executive M.B.A.Program, continues to host classes eachFriday four decades later. While pumpingup the region’s economy with highlyskilled business leaders, the program nowappeals to a more diverse audience and awider geographical market.

Since Meckling inaugurated the con-cept, the Simon School has graduatednearly 2,500 E.M.B.A. students inRochester, Switzerland, the Netherlandsand Australia. And one would be hardpressed to find a business school anywherethat does not emulate the Simon School’sstrategy of working with employers to bet-ter educate their workers.

“The Simon School’s Executive M.B.A.Program has had a strong and significantimpact on the way business is conductedaround the world,” says Dean MarkZupan. “Our current E.M.B.A. programin Rochester, N.Y., and Bern, Switzerland,as well as our former partnerships inAustralia and the Netherlands, has pro-duced some of the finest senior-level man-agers from major global corporations tosmaller local and regional firms in upstateNew York. We can be justly proud of theaccomplishments of our E.M.B.A. gradu-ates around the world. Their success is ameasure of the quality of our world-classfaculty and curriculum.”

“Ours was the second E.M.B.A. programin the world at the time—the University ofChicago had one that involved nightclasses,” says Clifford W. Smith Jr., Louiseand Henry Epstein Professor of BusinessAdministration and professor of finance

and economics at the Simon School. Smith,who has been on the Simon faculty since1974, was the first chairman of a committeeappointed by Meckling to oversee theE.M.B.A. Program.

“Ours was the first one scheduled insuch a way that companies could providerelease time to their employees,” he says.“Now, if you look at a broad landscape ofsuch programs, virtually all of them use themodel we started here.”

When the late Dean Meckling came toRochester in 1964 to build a first-classbusiness school, the program was small,

with a focus on part-time and undergradu-ate students. To become a top-notch grad-uate school, Meckling knew he needed notonly the best faculty, but also a pool ofsuccessful alumni to point to, Smith says.

“Bill Meckling thought, if we could ap-peal to a group of managers who had solidcareers before opting to pursue an M.B.A., itwould be like placing strategic bets on fasterhorses,” he says. “The goal was to increasethe size of the alumni population, and havea series of success stories to point to.”

One such fast horse and eventual successstory was James S. Gleason ’68, chairmanof Rochester’s 140-year-old Gleason Corp.,which develops, manufactures and sellsgear-making equipment and software.Gleason was a member of the first execu-tive development cohort.

Armed with a degree in philosophy fromPrinceton University and experience in mil-itary intelligence in the Far East, Gleasonbegan his career with the family companyin 1959 as a production control clerk. Bythe mid-1960’s, he had hands-on experi-ence in many facets of the tooling com-pany—everything from working in thefoundry to purchasing, sales and finance—but he felt he needed some additional com-petencies if he were to help grow the firm.

“I had reached a point where I felt therewere some analytical tools I needed,”Gleason says. “I needed to flesh out myquiver of arrows, so to speak.”

He met with Meckling over lunch atthe University of Rochester’s Faculty Clubto find out what the Simon School couldoffer him by way of education. Gleasonenrolled in a couple of night courses, butjumped at the chance to enter the germi-nal Executive Development Program.

“And it provided me with exactly what Iwanted—a broad array of analytical skillsfor parsing problems in any business, aswell as the ability to get at the best of so-lutions,” he says. “It also gave me a lot ofperspective on public policy.”

Gleason went on to become presidentand C.E.O. of the firm by 1981. Thecompany now has facilities all over theglobe, with more than 2,500 workersworldwide.

In 2001, Gleason was inducted into theRochester Business Hall of Fame.

“I tell people there were two periods ofmy educational experience that were mostcrucial—kindergarten through sixth grade,where I learned the basics, and my time atthe Simon School,” Gleason says.

The E.M.B.A. program has evolved, ofcourse, since its first days. For many yearsthe Rochester area’s former “Big Three”employers, Eastman Kodak Co., XeroxCorp., and Bausch & Lomb Inc., kept theSimon School executive program filledwith their rising stars.

“Those companies then had lots ofmanagers with strong technical back-grounds, who were promoted into man-agement positions without any manage-ment training,” Smith says. “Thecompanies were happy to make the double

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I tell people there were two periods of my educational experience that were most crucial—kindergarten through sixth grade . . . and my time at the Simon School.

—James S. Gleason ’68

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What are the characteristics of theRochester-Bern E.M.B.A. Program?Our program offers a high-quality generalmanagement education deeply anchored inthe principles of economics, with strongemphasis on quantitative methods andproblem solving. It stresses the importanceof managerial economics, financial man-agement, capital markets and quantitativemethods of data analysis—i.e., the toolsnecessary for the analysis, design, imple-mentation and management of successfulbusiness strategies.

What are the three main aspects that setyour program apart from other ExecutiveM.B.A. programs?We offer a United States degree from abusiness school with a top reputation. TheSimon Graduate School of Business at theUniversity of Rochester is ranked amongthe best business schools in the UnitedStates and is accredited by the Associationto Advance Collegiate Schools of BusinessInternational. In addition to classes inSwitzerland, students get the chance tostudy for nine weeks in Rochester, N.Y.,and for one week in Shanghai.

The courses are taught by outstandingprofessors. In the United States, we buildon the top faculty of the University ofRochester. In Europe, we can chooseamong the best on the continent. Faculty

are paid on the basis of the evaluations bythe students and should have the rightincentives to perform well. The lectures areinteractive and provide an optimal mix ofteaching, case studies, team projects andhomework.

Moreover, we take very good care of ourstudents and closely monitor their progress.We solve all logistical aspects so thatstudents can focus on the reasons they arein the program, namely learning andnetworking.

What is the profile of your participants?Our target group is promising middle- andsenior-level managers with the potential forincreased responsibilities. The ideal candi-date has an academic or equivalent back-ground and at least five years’ working ex-perience, possibly abroad. Moreover, ourcandidates should have the ability to bal-ance family, job and education. Sinceclasses are held in English, students shouldhave no problem communicating, readingand writing in English.

How is the program structured?The program begins in January and meetsbiweekly on Fridays and Saturdays untilearly June in Switzerland. Participants thenattend an intensive summer residency ofnine weeks in Rochester. Thereafter, in-struction continues in Switzerland from

late September until graduation in June ofthe following year. A study week inShanghai in March in the second year ispart of the educational experience. Uponsuccessful completion of the 18-monthprogram, the University of Rochesterawards the Master of Business Administra-tion degree.

How would you summarize the advantagesof your program in three sentences? Executives in today’s world of global busi-ness will not always know in advance, or beable to predict, the impact of changes ontheir organizations. The education providedthrough the Rochester-Bern ExecutiveM.B.A. Program will help talented man-agers better define the issues, develop morerobust strategies for managing them, andimplement thoughtful and effective solu-tions. We’ll change the way you think.

More information:

Rochester-Bern Executive M.B.A. ProgramDr. Petra JoergManaging DirectorEngehaldenstrasse 43012 Bern, Switzerland

Phone: +41 31 631 45 33E-mail: [email protected] site: www.executive-mba.ch

“We’ll change the way you think.”

The Simon School’s Rochester-Bern Executive M.B.A. Program in Bern,Switzerland, was one of the first executive M.B.A. programs offered in thatcountry. During a recent interview, Program Director Claudio Loderer ’83Ph.D. (at right) discusses the advantages of the Rochester-Bern experience.

—by Andreas Schwander

commitment to educate them—releasethem from their job commitments once aweek to come here, as well as pay the tu-ition costs.”

As the regional economy has inexorablyturned away from manufacturing, though,the “Big Three” have lost multiple thou-sands of employees. As the local economyhas become more dependent on small

business, the Simon School has seen anupswing in the numbers of E.M.B.A. stu-dents who are willing to pay their ownway in the program, says George J.Andrews III ’03, executive director ofE.M.B.A. Programs.

“We now have a lot of students who arebusiness owners, entrepreneurs—and amyriad of other companies send us one or

two of their key people,” Andrews says.“Now our classes are about 50 percentself-sponsored.

“It says a lot for the program—it is abig investment for an individual or smallbusiness to make.”

But the investment does have payback,says David Wilson, president and C.E.O.of the Graduate Management Admission

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business units at Xerox, there would besome commonality—human resources, ac-counting practices.

“If you have three people doing similaractivities but at three different companies,there are more differences you can point toand discuss in class.”

Having an M.B.A. is fast becoming asmuch of a prerequisite to advancing in theworkplace as a high school diploma or un-dergraduate degree, Andrews says. Followingthat belief, the Simon School is looking toexpand its marketplace.

“We are looking at opportunities togrow the program outside the bounds ofjust Rochester,” he says. “We’re looking athow you bring people here from Buffalo,Syracuse and Toronto for a strengthenedenrollment. And if you do it, how does itchange the program.”

As a start, the Simon School has part-nered with Greater Rochester EnterpriseInc. (G.R.E.) and the Greater SyracuseChamber of Commerce to offer E.M.B.A.scholarships to members of small busi-nesses and non-profits in both regions.The scholarships help those economicdevelopment agencies encourage en-trepreneurship in their areas, while theSimon School tests the waters outside itsimmediate region.

No matter where the students comefrom, however, they will undoubtedly con-tinue to be among the most motivatedlearners anywhere, Smith says. “They willaccept the challenge—not take the chal-lenge lightly.

“Because, for the last 40 years, this hasbeen the most expensive program on cam-pus. I’m not referring simply to tuition.But by taking very successful people out ofthe workplace every week, the real cost iswhat they would be accomplishing if youhadn’t removed them from their job.”

The Simon E.M.B.A. Program will becelebrating its 40-year anniversary with acalendar of events over the next year.Watch the Web site (www.simon.rochester.edu) for details.

Kathryn Quinn Thomas is a freelance writerbased in Rochester, N.Y.

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The program is tough. When a teambonds, the members help each other learn.“They rise through the program together,”Andrews says. “You really get to know eachother meeting every Friday. There is a greatsense of bonding, of being part of a team.”

In the first year, students take 33 creditsin such core subjects as accounting, dataanalysis and economics. Since most stu-dents in the program have been away fromhigher education for a number of years,

most consider this to be the toughest ofthe studies, Andrews says.

At this point, teams rely on the expertiseof their left-brain powered members tohelp them stay on track.

In the second year, courses includehuman resource and marketing studies,along with information systems and otherspecific management issues. For the stu-dents who find comfort in the concretenature of the first year’s math-orientedcourses, the second year can be difficult.

For most of the last 25 years, ProfessorCliff Smith has sat on a committee thatoversees the Executive M.B.A. Programand has also taught classes in the program.The classes are much richer now, from hisperspective, than they were in the heydayof Kodak and Xerox.

“You see more diversity in the experi-ences people across the class have to con-tribute to the various discussions,” Smithsays. “In the old days, even if you endedup with three people from three different

Council (G.M.A.C.) in McLean, Va.G.M.A.C. is a national organization ofgraduate business schools and administersthe Graduate Management Admission Test.

“We have long referred to the M.B.A. asa global currency—a degree that symbol-izes value all over the world,” Wilson says.

According to the Financial Times ofLondon’s annual ranking of E.M.B.A. pro-grams, the Simon School’s E.M.B.A. Classof 2003 saw their salaries increase an aver-age of 48 percent over three years.

And students often see some major orminor payback in their workplaces evenwhile in the program, Andrews says. “Oneof the best things about the program isthat in almost every class you would talkabout something that applied to yourwork. I’d think, ‘Wow, I see how I coulduse that.’ ”

Recently, one Xerox Corp. purchasingofficial in the program applied a regressionmodel learned in class to his interactionwith his suppliers. “He was able to drop$2 million in costs for the company,”Andrews says.

Numerous E.M.B.A. alumni have goneon to become national business successes:Robert E. Rich Jr. ’69 is president of RichProducts Corp., a frozen food firm withannual sales of some $2.5 billion; LanceDrummond ’85 is now a senior vice presi-dent for Bank of America N.A.; andMelissa Long ’04 is a news anchor forCNN in Atlanta, Ga.

Locally, some well-known alumni in-clude Kenneth Syme ’06, vice president,non-production purchasing at XeroxCorp.; and Louise McDonald ’99, seniorvice president at Welch Allyn Inc.

Currently, the E.M.B.A. Program has 27first-year students and 35 in their secondyear. Each cohort is divided into teams offive students, who are matched via a com-mittee’s assessment of their backgrounds,personalities and skills.

Nearly four years after graduation,Andrews, an E.M.B.A. graduate himself,still meets monthly with his E.M.B.A.group. A good team is key to students’success in the program, he says.

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—Mark ZupanDean

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Simon Among First

Business Schools to Adopt

Student-Authored Credo

I Solemnly Swear . . .

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imon students are taking their M.B.A. education seriously

by creating one of the nation’s first student-authored business

school credos.

The Simon School Credo—a set of carefully-crafted principles—is

now required to be stated and signed by all incoming students. The

credo states:

Simon Graduate School of Business represents the

center of my deeds. It is my responsibility to uphold its

good name among my colleagues and the world at large.

Integrity is my watchword. I will endeavor to fulfill my

promises, to say what I mean, and to mean what I say.

Membership. I recognize that I am an important

member of the Simon community.

Ownership. I will take responsibility for my actions

and omissions at all times.

Nobility. I will conduct myself with nobility in private

and in public at all times.

The credo is the result of a student team project com-

pleted last year during Dean Mark Zupan’s “Improving

the Simon School” course. Student teams were charged with generating

ideas to enhance the School’s existing curriculum and community. One

of those student teams, led by Joy Akinyemi Okun ’06, created the

credo to ensure that students, faculty and staff feel a part of the School

and to improve attitudes and involvement within the Simon commu-

nity. The credo was introduced when new students arrived in

September 2006.

“The Simon Credo offers long-term advantages both to the School

and on an individual level,” says Okun. “Its values will not only help

people work together to build a future Simon School, but it will also

help members of Simon community demonstrate good character and

build a better career over the long term.”

The credo has been printed on business-size cards so that every

member of the Simon community can carry it with them as a daily

reminder of the values and principles it represents.

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Sign here—Joy Akinyemi Okun ’06 (center) signs the Simon credo asAndrew Chang ’07 (at left) and her son, Ladi (at right), look on.

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ales are down at A.B.C. Corp. ina given quarter. The board asks,“Why? What should happen

next?”Corporate recruiters are looking to hire

managers who can analyze just such an un-structured problem and present a workablesolution. This fall, the Simon School is pre-miering an augmented curriculum that willequip full-time M.B.A. students with ex-actly those skills.

The Frame, Analyze and Communicate,or F.A.Ct., management paradigm was rec-ommended by a faculty committee thatextensively researched what skills the corpo-rate, academic and non-profit sectors foundmost compelling in an employee.

“We found that the optimal traits forSimon M.B.A.’s are having a structured/sci-entific approach to business problems, with astrong empirical focus, a healthy skepticism,a willingness to change one’s opinion and theability to communicate their own analyses,”says committee member Steven S. Posavac,associate professor of marketing and associatedean for M.B.A. programs. “The three-stepF.A.Ct. focus will arm our students to dowhat the market wants them to do.”

The three components of the F.A.Ct.blueprint for solving business problems are:

� Frame the problem—Break down thelarge, unfocussed question into severalsubproblems;

� Analyze and research each problem—Find relevant data, form and test hy-potheses, then come to a conclusion andmake a recommendation;

� Communicate the implications of theanalysis—Persuade others of the benefitof the conclusion.

In the case of the aforementioned A.B.C.Corp., using the F.A.Ct. method, a man-ager would first consider all the possiblereasons sales are down.

“It could be so many things—the mar-ket, not enough inventory, new competi-tion, who knows,” Posavac says. “Theproblem, of course, is to discover the rightreason.”

A talented problem-solver would gener-ate a series of the most logical hypotheses,search for data to discover which hypothe-sis is most likely, then make a successfulrecommendation to the A.B.C. board onhow to stop the decline and bring revenuesup again.

Simon School faculty in all full-timeM.B.A. studies will now use this blueprintas a teaching method.

F.A.Ct. is essentially based on the sportscoach adage, “You play like you practice.”If problem-solving skills are valued in theworkplace, then students need to drill thoseskills in all their business studies.

Courses will now be more interactive,with instructors in all areas presenting stu-dents with real-world business problems,while leading them through the F.A.Ct.paradigm to come to a solution.

“With more student-active classes, we areexpecting they will have more facility insolving problems,” Posavac says. “And themore real-world problems they are exposedto, the more institutional knowledge theycan bring to their careers.”

The M.B.A. program has added two newcore courses, Framing & AnalyzingBusiness Problems 1 & 2, replacing theprogram’s traditional statistics studies.

“One of the most important steps goingforward is for us [to use F.A.Ct.] to focuson the purpose of statistics as a tool toinform strategic decision making,” Posavacsays.

To underscore the relevance and impor-tance of the F.A.Ct. initiatives, the SimonSchool also instituted an annual school-wide case competition in the spring of2006 for all first-year full-time M.B.A stu-dents. The students have the opportunityto solve a problem, then present their con-clusions to a panel of experts.

Another benefit of the redesigned cur-riculum is that it will encourage even morepositive feedback from recruiters on thehigh caliber of Simon School alumni. Butmost important, Posavac says, is that stu-dents with a Simon School M.B.A. willhave solid skills to serve them for a lifetime.

A MatterOf F.A.Ct.—by Kathryn Quinn Thomas

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W I L L I A M E . S I M O N G R A D U A T E S C H O O L O F B U S I N E S S A D M I N I S T R A T I O N

Simon at 20 His Sons Envision Its Future

—by Hilary Appelman

There are business schools that take the road more traveled. The Simon

School is not one of them, says a son of the late William E. Simon, U.S.

Treasury Secretary, financial entrepreneur and the School’s namesake.

Simon’s sons—J. Peter Simon (at left) and William E. Simon Jr. pose with the statue of their father, William E. Simon, during a recent visit to the Simon School.

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1986—A Turning Pointin the School’s History

1986� William E. Simon and Dean Paul MacAvoy head a

$30 million fund-raising campaign.� The School launches an Executive M.B.A. Program in the

Netherlands.� BusinessWeek lists the School among the top 20 business

schools in the nation.� Applications surge by 40 percent.� Salary offers made to graduates are the highest in the

School’s history.

1988The concept of studentmanagement teams isintroduced into thecurriculum.

1986The School is renamed theWilliam E. Simon GraduateSchool of BusinessAdministration.

ther business schools “look in the rearview mirror and see

what’s worked,” notes William E. (Bill) Simon Jr., Esq. The

Simon School, by contrast, “spends most of its time looking at

what’s ahead.” And that focus is true to his father’s entrepreneurial vision.

“Entrepreneurship is a particular perspective in business and in life,”

says Bill. “There are some people who enjoy going down a path that’s

been well traveled, and those who enjoy the road less traveled. The en-

trepreneurial trail is the road less traveled, full of surprises both posi-

tive and negative.

“By definition, entrepreneurs are leaders,” he notes. “Dad was really

the ultimate entrepreneur.”

William E. Simon Sr.’s seven children—two sons and five daughters—

have kept alive their father’s legacy of leadership, philanthropy and con-

servative values. The two oldest, Bill, 55, and J. Peter Simon, 53, co-chair

William E. Simon & Sons, the private investment firm founded by their

father in 1988, as well as the William E. Simon Foundation. The broth-

ers also serve on the Simon School’s Executive Advisory Committee,

which Peter has chaired since his father’s death in 2000.

The Simon Family—(from left) Bill Simon Jr., J. Peter Simon, Mary Simon Streep, Leigh Simon Porges, Aimee Simon Bloom, Julie Simon Munro and Katie Simon Morris.

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Hard work and giving back have always been an integral part

of their lives, the Simon children recall. “My father wasn’t really

into handing out money,” says Peter, who got his first job in

third grade helping the janitors at his school sweep floors. “You

had to ask him, and he’d say no if it wasn’t something you

needed. Or, he’d tell you to get a job.”

The Simon children feel close to the Simon School, the broth-

ers say, and take an active interest in its welfare. Both brothers

have high praise for Dean Mark Zupan and his efforts to im-

prove the School’s visibility and rankings and attract high-caliber

students. “Dad was always someone who wanted to go further, to

improve, to set a new standard,” says Bill. “I think the standard

he would be setting is the one we’re pursuing.”

Peter credits Zupan with reaching out to graduates and revital-

izing the School’s alumni network. “The response has been ter-

rific,” he says. One result: expanded participation in Executive

Advisory Committee meetings. While the committee is a non-

governing advisory board, the School is receptive to its sugges-

tions, Peter says. “I do believe

that the School wants to hear

what its alumni—its family—

have to say.”

Strengthening alumni relations

is crucial to graduate placement,

he adds. “In the end, the most

important job is getting jobs.

Once you do that, you’re going to

find yourself very popular.”

Peter says he expects the average

age of M.B.A. students to continue to be lower, with growing

numbers of students entering business school right out of college.

He is enthusiastic about the growth in flexible M.B.A. programs

and programs tailored to specific companies that accommodate

students who continue working while they pursue a business de-

gree. “I think that’s really where we—and all business schools—are

growing,” he says. “People ask me, should I go back to business

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1989A $16 million con-struction project isannounced that in-cludes Schlegel Hall,the renovation ofDewey Hall, and therenaming of a schoolbuilding as Carol G.Simon Hall.

1990U.S. News & World Reportmagazine ranks theSchool among the top 25graduate business schoolsin the United States.

1991Schlegel Hall is dedicated.

1991The Simon School’s Freedom Prize isawarded to Dr. Henry A. Kissinger.

J. Peter Simon

1991The School launches an executive program in Australia,the Australian Simon University.

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1995The School opens theRochester-Nyenrode (the Netherlands) and the Rochester-Bern(Switzerland) executiveM.B.A. programs.

1993The student-run VISIONProgram is developed and im-plemented.

1994� The Max Farash

Seminar Series begins.� The M.S. Program in

Finance is created.

1993Charles I. Plosser,an economist of inter-national distinction, isappointed dean.

1995The first Simon SchoolWeb site is launched.

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school full time? I say, absolutely not—go at night. The extra four

hours won’t kill you.”

While neither Simon brother holds an M.B.A., they are strong

believers in the value of a business education. “There are a lot of

different paths that you can travel, and business school can give

you a foundation to deal with the uncertainties of whatever path

you choose,” says Bill.

Notes Peter: “I do believe that graduate school is not for every-

one—just as college is not for everyone.” But the business world

is “much, much more demanding” of graduate degrees than it

was 30 years ago, he says.

The Simon children grew up in Summit, N.J. Simon Sr., who

worked on Wall Street, set high standards for his offspring. They

were expected to work hard—Peter says he often heard his father

extolling the virtues of the free market—to be good Catholics

and to give back to their community. “That’s always been a big

part of our lives,” says Peter. “Those values—you can’t help but

have those sink in.”

On Christmas Day, the Simon children would accompany

their parents to Covenant House in New York City to serve

Three’s company—The Simon brothers and Dean Mark Zupan (far right)during a recent visit to campus.

1992� The faculty approves a new concentration in

International Management, enabling students toparticipate in foreign exchange programs.

� The Faculty Committee on Teaching Excellenceand the Alumni Advisory Council are formed.

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1996Former Xerox C.E.O. David T. Kearnsreceives the inaugural David T. KearnsMedal of Distinction.

1997The Florescue-von MansteinPlaza is dedicated.

1996� Carol G. Simon Hall is

dedicated.� William E. Simon deliv-

ers the 10th anniversarycommencement address.

1996The School is againranked among the top25 schools of businessby BusinessWeek.

1997The School receivesthe Templeton Awardfor Distinction inCurriculum andFaculty (TempletonHonor Rolls).

1998The Kauffman EntrepreneurialInternship Program isestablished.

meals to homeless and runaway children, remembers sibling,

Leigh Porges. Simon Sr. talked “all the time” about “how impor-

tant it was to give back, and how fortunate we were,” she says.

Bill was a serious student and athlete, a top tennis and squash

player. “Billy was always an excellent student,” says Peter. “He

spoke two languages fluently before he got out of high school, he

was an honor roll student, Williams College early decision, cap-

tain of the tennis team—and he always deserved it.

“In contrast, I was all over the place. I sang, acted, played foot-

ball. I was always into having fun.” But Peter also liked to work,

he recalls. As a child, he started his own snow-shoveling business.

“I always enjoyed having money in my pocket—and unless you

steal it, you’ve got to earn it.”

Peter studied psychology and religion at Lafayette College, his fa-

ther’s alma mater. “My attitude was: ‘I don’t want to take any busi-

ness,’ ” he remembers. “I took a full year of economics and decided

it was the singlehandledly most boring thing I’d ever been part of.”

The summer before he graduated, Peter worked door to door

selling prerecorded cassette tapes. “I loved it!” he says. “I worked

very hard and made a good buck. It was a very positive experi-

ence. When I came back for my senior year, I was ready to go to

Wall Street. I wanted to go to work.” After graduating, he

worked at Kidder, Peabody & Co., where he became a specialist

in convertible securities, warrants and options.

Bill graduated from Williams College and Boston College Law

School, then worked as an assistant U.S. attorney in the

Southern District of New York under then-U.S. Attorney

Rudolph Giuliani.

Bill’s next stop was Wall Street, where he worked as a foreign

exchange trader and manager at Morgan Guaranty Trust Co.,

now J. P. Morgan Chase & Co. In 1988, the brothers joined

William E. Simon & Sons. Working with their father was a chal-

lenge, Peter says. “My father was very volatile. He was tough to

everybody. From doormen to presidents, he never hesitated to

express himself or his opinions.”

But, he says, “It was quite an education to work for my father.

He had his principles and he stuck to them. He did not suffer

fools gladly, as anybody can tell you.” For his part, Simon Sr. was

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1999Dean Plosser announceshis strategic plan, “ThePath to Excellence.”

2000A $4 millionleadership gift fromJames S. Gleason’68* is announced tobegin James S.Gleason Hall.

2001Alumni Jeffrey R. Smith ’88and Zhe (Zack) Zeng ’98 perishin the 9/11 attacks on the World Trade Center inNew York City.

2000� William E. Simon dies.� The Pre-Term

Orientation Programwith a focus on careerplanning, is launched.

2001James S. Gleason Hall isdedicated.

2001Nasdaq’s Frank Zarbdelivers the inauguralWilliam E. SimonMemorial Lecture.

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very proud to work with his sons,

Peter notes. “He said that often.”

Simon Sr. served as U.S. Treasury

Secretary under Presidents Nixon

and Ford. Bill, who lives in Pacific

Palisades, Calif., has followed in his

father’s footsteps, entering the

California governor’s race in 2002.

He is concerned about the growth of

the trade deficit and the constant ex-

pansion of government, he says.

“The role of government never seems to get less; it always seems to

get more. Even when we Republicans control all the buttons and

dials, government still grows at an unacceptable pace. We have to

look in the mirror and say we’ve allowed government to grow too

quickly.”

Working with his brother allows him the freedom to move in

and out of the private and public worlds, Bill says. “Thank God

I’ve got Pete—I can come in and come out. He’s the best partner

that anyone could want.”

Bill and his wife have also founded the Cynthia L. and William E.

Simon Jr. Foundation, which funds “Sound Body, Sound Mind,” a

physical fitness program that provides exercise equipment and tech-

nology and teacher training to Los Angeles public high schools.

“This particular program is not for kids on the football or basketball

team; it’s for the kids who do P.E.,” he says. “It’s a program where

kids can be fit and develop self-respect.”

In addition to raising families, the Simon children are involved

in a range of their own philanthropic activities.

Mary Streep, the oldest sister, is involved in efforts to clean up

television and other media, says Peter. Leigh Porges, who lives in

Short Hills, N.J., runs Happiness Unlimited, a non-profit pro-

gram she co-founded that fulfills wishes for adults with cancer.

Simon Sr. “impressed on all of us very early that it’s important to

make a difference in the world and give back to your community,”

daughter Julie Munro, who lives in San Francisco, said in a published

interview with the University of Vermont, her alma mater, where the

family has created the William E. Simon Family Scholarship Fund.

The youngest Simon siblings, Aimee Bloom and Katie Morris,

live in New Vernon, N.J. Bloom is active in her church and with

William E. Simon Jr.

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h

2002The CertificateProgram, with fiveareas of concentrationis announced.

2004Mark Zupan, formerdean of the EllerCollege of Managementat the University ofArizona, succeeds DeanPlosser.

2004Professor Jerold L. Zimmerman andformer Professor Ross L. Watts receive theAmerican Accounting Association’s SeminalContributions to Accounting LiteratureAward, the field’s highest honor.

2005The Early Leaders™

initiative is launched.

2005The Ph.D. Programcelebrates its 40thanniversary.

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Meals-on-Wheels, and Morris is busy with three small children.

The Simon children are all actively involved in running the

Simon Foundation, which gives about $10 million each year to

hospitals, schools, universities, churches and faith-based organiza-

tions, as well as to the Simon School. The foundation’s stated

mission is to “assist those in need by providing the means

through which they may help themselves.”

The foundation is charged with giving away all its money over

the lifetime of the seven Simon children. Simon Sr. “felt it’s im-

portant that there be a term on any foundation, regardless of the

underlying purpose,” says Bill. “He saw too many foundations

where, all of a sudden, the donor’s intent was not being observed.”

As a result, he says, “we operate with a sense of urgency. We

know we’ve got a big obligation.”

The foundation is run like a business, says Bill, something

often lacking in the philanthropic world. “Too little attention is

paid to outcomes and how the money is being spent.” Two

awards created by the foundation, the William E. Simon Prizes in

Philanthropic Leadership and Social Entrepreneurship, encourage

philanthropy that achieves “genuine results.”

Forgive me, Dad—The Simon brothers share a lighthearted moment at their father’sstatue in Gleason Hall.

*Executive M.B.A. graduate

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2005The first OnlineBusiness SimulationScholarship competi-tion with a top prizeof a full-tuitionscholarship begins.

2006The Summer BusinessInstitute @ Simon for collegejuniors, seniors and recentgraduates of liberal arts col-leges is launched with thesupport of Ed Hajim ’58(B.S.), chairman and C.E.O. of MLH Capital L.L.C.

2006Former Dean Charles I. Plosseris appointed president of theFederal Reserve Bank ofPhiladelphia.

2006The School’s first blog is posted on the Web.

“Entrepreneurship is not only important in the business area,

it’s also important in the social area,” says Bill. “Many people have

said it’s harder to give away money than to make it. I do think it’s

an area that any business school would be wise to focus on.”

Asked what he hopes his own legacy will be, Bill says: “I just

try to think of ways where I can be of service, and everything

else will fall into place. I try to take myself out of the mix and

see where I can be helpful.”

“I’d like my four children to be happy, stable and productive

and carry on the Simon family tradition of serving others—be-

cause they want to, not because they have to,” says Peter. “And

that’s a good enough legacy for me.”

Hilary Appelman, a former Associated Press correspondent, is a

freelance writer in Rochester, N.Y.

SB

Simon Leadership Fellowships

Simon Leadership Fellowships have been established

by the Simon Foundation in honor of the late William E.

Simon, generous benefactor and namesake of the

School. The fellowships are awarded to a select group

of candidates based upon outstanding academic and

professional performance as well as an interest in

making a significant impact in the world around them.

Recipients are:

� Class of 2006: Somendu Chakraborty, Matthew W.

Cromwell, Feng Ge, Mihaela Giurca, Hassan B. Javaid,

Vaibhav Mahajan, Bo Qi, Matthew John Rice, Rishi

Salwan, Guodong Wang and Martin O. Wodi.

� Class of 2007: Daniel Baker, James Reeder and Jason

Romajas.

� Class of 2008: Eric Allen, Ryan Freeman, Jason Hall,

Mykola (Nick) Krasnokut, Opeyemi Omo-Ettu, Murat

Ozalp, Malati Patil, Jai Ramachandran, Lilyana

Valcheva and Jason Walters.

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Report On GivingAs president of the Graduate Business Council(G.B.C.), it is my great honor to lead a group ofstudents, elected by their peers to represent theSimon community, whose aim is to enhance andexpand the academic, social and career opportuni-ties available to all Simon students. Our groupseeks to build interdisciplinary partnerships acrossthe University of Rochester campus, foster a forumfor the free and open exchange of ideas on bothcurriculum and extracurricular activities, and in-crease meaningful interaction between Simon fac-ulty and students and between Simon students andstudents from other areas of the campus.

In short, the G.B.C. takes as its primary respon-sibility the education of Simon students beyondthe classroom.

These extracurricular educational opportunitiesare among the key examples of what your supportof the Simon School Annual Fund makes possible.For instance, during the 2005–2006 academic year,the Annual Fund made it possible for the Schoolto send a team of students to the prestigiousThunderbird Innovation Challenge, where theSimon team finished second in the nation. Simon’sAnnual Fund also directly helped the School attract

students that might not otherwise have come toRochester had it not been for the scholarship sup-port that the School was able to offer.

Simply put, your support of the Annual Fundmakes the School better each day, and has an im-pact in some way on all Simon students in all ofour programs: full- and part-time M.B.A., M.S.,Ph.D., executive M.B.A. and certificate.

On behalf of the G.B.C., I thank you for yourpast support of the Annual Fund and encourageyou to either renew your support or give for thefirst time. We see each day how crucial annual giv-ing is to our School, and we thank you in advancefor your generous support.

Regards,

Andrew Chang ’07President, Graduate Business Council

P.S. Don’t forget that the value of your gift can bedoubled, or even tripled, if you or your spouseworks for a matching gift company. Check withyour appropriate HR or benefits department formore information.

Alumni Annual Giving 2005–2006Giving Levels (includes matching gift pledges)

Simon Founders $1,000,000+

Simon Benefactors $100,000 to $999,999

Simon Patrons $50,000 to $99,999

Simon Directors $25,000 to $49,999

Simon Executives $10,000 to $24,999

Simon Leaders $5,000 to $9,999

Simon Society $2,500 to $4,999

Simon Partners $1,000 to $2,499

Simon Fellows $500 to $999

Simon Associates $250 to $499

Simon Hundred Club $100 to $249

Simon Donors $1 to $99

Message from Andrew Chang ’07

This report lists all gifts made to the Simon School between July 1,2005, and June 30, 2006. Every effort has been made to include thenames of all our donors and to ensure the accuracy of their names andgiving levels. If you are aware of any errors or oversights, we apologize inadvance and ask you to call the Office of Alumni Relations andDevelopment at (585) 275-7563. The corrections will be included inthe next issue of Simon Business.

All degrees listed are Simon School degrees only; other University of Rochesterdegrees are not noted. Executive M.B.A. Program graduates are indicated by (*).Deceased donors are indicated by (†).

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W I L L I A M E . S I M O N G R A D U A T E S C H O O L O F B U S I N E S S A D M I N I S T R A T I O N

2005–2006 Operating Support Payments

Annual Giving Fund $865,000Includes corporate matching gifts

Other Operating Support $1,082,000Includes student activities, clubs and initiatives; payments onprevious class gifts; curriculum development, research and seminars

Endowment Support Payments $383,000Endowment payments from individuals, corporations andfoundations that support scholarships, faculty and facilities

Simon School Fund Year 2006

Gifts, Grants andMisc. Income 6%

University CentralAdministration Expenses 21%

EndowmentIncome 29% Net Tuition and

Fees 65%

Total Revenue

Total Expenses

Salaries andBenefits 62%

OperatingExpenses 17%

Net Tuition and Fees $16,388,000 65%

Endowment Income $ 7,180,000 29%

Gifts, Grants and Miscellaneous Income $ 1,616,000 6%

Total Revenue $25,184,000 100%

Salaries and Benefits $15,608,000 62%

University Central Administration Expenses $ 5,325,000 21%

Operating Expenses $ 4,251,000 17%

Total Expenses $25,184,000 100%

FriendsSimon BenefactorsAgnes VanBranteghem AckleyColleen M. AndersonThe William E. Simon Family

Simon PatronsMarilyn Sue RosenMartin L. SuterSuzanne S. SuterFay Wadsworth Whitney

Simon DirectorsCarolyn AinEdmund A. HajimRichard SandsCarol ShuherkMark Zupan

Simon ExecutivesJoseph M. BellMary BellAndrew M. CarterMark FasoldDonna May Carlson FieldingKimberley FraherJulene GilbertSteffan W. ParrattSue RehBarbara SassanoJ. Peter SimonJoel M. Stern

Simon LeadersLaurence H. BlochMartin E. MessingerPatricia H. PhelpsGeorge J. Sella Jr.Leslie Zemsky

Simon SocietyJanis F. Hicks GleasonWilliam I. KohnCarolyn MacDonaldLeeAnn MillerKimberly E. PidhernyCharles I. PlosserJanet Schwert PlosserMariko Sakita-MozesonFriederike SeligmanJoel SeligmanRobert C. Tait II

Simon PartnersLeslie Hope BraunHollis S. BuddChrissie Copoulos, R.N.Michele Romance CrainAnne FarnhamDennis J. GniewoszCharles GoodenoughMary P. GoodenoughGlennen GreerBetsey K. HaasMargaret HubbardStephen C. LynnMandeep K. NehraMonica NehraCathleen PaprockiJack F. Ratcliffe IILynda RosenMarian StammG. Robert Witmer Jr.

Simon FellowsDiane E. ButlerFelton M. DavisStacey GordonRonald W. HansenLoudes R. KerninJeffrey P. KnappMartha Fisher LatiesVictor LatiesDiane LernerAngela K. LowderAmy MeiningerChristian L. MeiningerJohn-Paul RoczniakIgor SpivakMichal SpivakCeCilia K. UrlandRobert S. UrlandDavid L. WalbaumPaulette Weinstein-ButlerCheryl Lynn YawmanDodie ZimmermanJerold L. Zimmerman

Simon AssociatesSusie DareHeidi LindAlan R. McGarry Gary D. MinsavageKathleen O’Donnell NewcombSarah Paganelli PickhardtMargaret Mary Herrmann TannerSusan R. Wilkens

Simon Hundred ClubMichael T. ArmstrongRebecca N. AustinRalph CalabreseSarah DowdWilliam A. DowdJames C. EatonRobert W. GibsonDonald J. HarterDoris Waring LuckeyGeorge W. LuckeyCheryl Ann MossJames P. PrinziErik C. RauschDiane M. RomanceRenee M. RomanceVineeta SalviSusan J. StrengDiana Chapman WalshZoe WilmotJohn Zabrodsky IIIKristy B. Zabrodsky

Simon DonorsSabrina AldridgeHeidi BaerPatricia S. CriticosMelissa DeBoltMichael DouglasRonald F. DowErin W. G. LehmannDavid LewisJacqueline Lewis-KempGregory V. MacDonaldDawn S. McWilliamsCem OzkumPhilip Prinzi

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John R. RomanceRonald M. SchmidtKristin A. ShortAndrea SmithCharles R. SpencerDiane H. SpencerEleanor Ann Koestner WeinsteinSteven J. WeinsteinDavid S. Wiesner

Class of 1959Simon SocietyRichard A. Leibner, B.S.

Simon AssociatesJohn R. Lanz, M.S. Peter J. Mermagen, B.S.

Simon Hundred ClubDaniel J. Flanagan, B.S. Curtiss R. Hill, B.S. Nelson P. Maracle, B.S.

Simon DonorsRobert T. Burns, B.S. Donald W. Lewis, M.S.

Class of 1960Simon AssociatesFrancis F. Roach, M.S.

Simon Hundred ClubDonald H. Heim, M.S.

Simon DonorsJohn S. Vangellow, B.S. Robert E. Waite, B.S. Roland J. Zavada, M.S.

Class of 1961Simon Hundred ClubJoel H. Garson, B.S. Russell L. Hatch, B.S. David W. Petko, B.S.

Simon DonorsJoseph F. Hammele, M.S. Wilmer P. O’Connell, B.S. Ted H. Schmidt, B.S.

Class of 1962Simon Hundred ClubManfred Bayer, B.S. Glenn O. Brown, M.S. Sharon G. Malcolm, B.S. Phillip L. Schwartz, B.S.

Simon DonorsRichard H. Arfman, M.B.A. Robert H. Conn, U.S.N., M.S. Gerald E. Douglass, M.S. Richard T. Gates, B.S. Edward D. Johnson, B.S. Harold A. Sargeant, B.S.

Class of 1963Simon AssociatesBruce A. Hopkins, B.S. Freeman C. Lewis, M.S.

Simon Hundred ClubVaughan C. Judd, M.S. Robert F. Witzel, M.S.

Simon DonorsVincent J. Ciulla, B.S. Keith C. Herms, B.S. Theodore F. Horvath, M.S.

Class of 1964Simon BenefactorsEdward J. Ackley, M.S.

Simon FellowsDonald M. Bay, M.S. David K. Clark, B.S. Mark A. Goldstein, B.S.

Simon AssociatesLeonard L. Ciufo, B.S.

Simon Hundred ClubPeter J. Rossi, B.S. James B. Watt, M.S.

Simon DonorsAdolf B. Zuch, B.S.

Class of 1965Simon FellowsEvan M. Lebson, B.S.

Simon Hundred ClubRobert J. Blossom, B.S. Gene G. Hoff, M.B.A. Pieter Punt, M.B.A.

Simon DonorsRobert R. Perry, M.B.A.

Class of 1966Simon BenefactorsBarry W. Florescue, B.S.

Simon FellowsThomas L. Quinn, M.B.A.

Simon AssociatesDavid C. Heiligman, B.S., M.S. Kevin J. McCabe, M.B.A.

Simon Hundred ClubThomas S. Foulkes, M.B.A. John J. Higgins, M.B.A. Arthur L. Purinton II, M.B.A. Norman Siegler, M.B.A. Charles L. Smithers, M.B.A. Parker L. Weld, M.B.A.

Simon DonorsJack L. Bartlett, M.S. Ridley M. Ruth, M.B.A. William F. Schmitt, B.S. Bernard M. Sencer, B.S.

Class of 1967Simon DirectorsMark S. Ain, M.B.A.

Simon ExecutivesDavid Reh, M.B.A.

Simon AssociatesDon J. Cushing, M.S.

Simon DonorsKevin J. Donnelly, M.B.A. Carl U. Foucht, M.B.A. Gary L. Grahn, M.B.A. Lewis F. Mayer Jr., M.B.A. Brian E. Pecon, M.B.A. John E. Potter, B.S.

Class of 1968Simon SocietyJames S. Gleason, M.B.A.*

Simon FellowsTimothy J. Leach, M.B.A. John M. Sweeney, M.B.A.

Simon Hundred ClubCarl P. Foos, M.B.A. Robert J. Hesselberth, M.B.A. John P. Reynolds, M.B.A.

Simon DonorsAlbert L. Burnett, B.S. William G. Erwin, M.S. John M. Ferguson, M.B.A. Arthur M. Ferrance Jr., M.B.A. Charles H. Kimball, M.B.A. Michael S. Terry, M.B.A.

Class of 1969Simon ExecutivesLeonard Schutzman, M.B.A.

Simon PartnersNicholas D. Trbovich, M.B.A.* Peter L. Waasdorp, B.S., M.S.

Simon FellowsCharles A. Dowd Jr., M.B.A.

Simon Hundred ClubAlbert C. Crofton, M.B.A.* Richard L. Dehm, M.B.A.* George R. Michaels, M.B.A. Albert W. Miller Sr., M.B.A.* Robert M. Weinstein, B.S.,

M.B.A.

Simon DonorsBenjamin S. Blanchard Jr.,

M.B.A.* Glenn P. Meade, M.B.A. Joseph R. Nunn, M.B.A. Peter B. Stock, M.B.A.

Class of 1970Simon ExecutivesFrancis G. Creamer Jr., M.B.A. Stuart F. Platt, M.B.A.

Simon LeadersBruce M. Greenwald, B.S.,

M.B.A.

Simon PartnersCharles R. Hughes, M.B.A. Rajendra K. Khanna, M.B.A.

Simon FellowsJames E. Eden, M.B.A.* Louis M. Morrell, M.B.A. Steven A. Rothschild, B.S.,

M.B.A.

Simon AssociatesJohn J. Ekelund, M.B.A.

Simon Hundred ClubArthur J. Bernstein, M.B.A. Ward W. DeGroot III, M.B.A. Theodore M. Edson, M.S. George E. Hedstrom, M.B.A. Daniel A. Lupiani, M.B.A. Ray S. Messenger, M.B.A. Jack W. Morrissey, M.B.A. Eugene C. Murkison, M.B.A. Joseph D. Patton Jr., M.B.A. Howard W. Vogt, M.B.A.*

Simon DonorsEarl N. Dunn, M.B.A. Richard S. Fitts, M.B.A.* James S. Hutchinson, M.B.A. Thomas J. Keegan, M.B.A. Charles W. Miersch, M.B.A. Peter T. Stubenvoll, M.B.A.

Class of 1971Simon AssociatesRichard T. Bourns, M.B.A.* Timothy J. Downs, M.B.A. Stephen E. Golden II, B.S. Dana H. Hooper, M.B.A. Thomas D. Lunt, M.B.A.* Kevin P. Wright, M.B.A.

Simon Hundred ClubRobert C. Bartlett, M.S. Kenneth E. DiSanto, M.B.A.* Terry L. Fraser, M.B.A. James F. Taylor, M.B.A.*

Simon DonorsDouglas R. Amos, M.B.A.* Edward P. Hart, M.S. John M. Toler, M.S.

Class of 1972Simon SocietyRobert J. Keegan, M.B.A. Arthur P. Soter, M.B.A.

Simon PartnersMichael A. Braun, M.B.A. Sherman Farnham Jr., M.B.A.

Simon FellowsRichard O. Bollam, M.B.A. Kenneth R. Kimbrough, M.B.A. Brian T. Ratchford, M.B.A., Ph.D.

Simon AssociatesSidney L. McAllister, M.B.A. Walter C. (Terry) Newcomb II,

M.B.A.

Simon Hundred Club Keith A. Barnes, M.B.A. Michael N. Copanas, B.S. Reuben T. Harris Jr., M.B.A. Ralph J. Ullman, M.B.A. Thomas R. Watson, M.B.A.

Simon DonorsAlan R. Hickok, M.B.A.* Richard C. Johnson, M.B.A.

Bernard S. Kahn, M.S. John T. Long, M.B.A. William E. Lucey, M.B.A. Terrence J. Meyer, M.B.A. William C. Schmidt III, M.B.A.* Paul J. Turek Jr., M.B.A. Eugene O. Wilson, M.B.A.

Class of 1973Simon PatronsRalph R. (Roy) Whitney Jr.,

M.B.A.*

Simon ExecutivesJohn L. Davies, M.B.A.

Simon LeadersW. Barry Phelps, M.B.A.

Simon SocietyLarry Aiello Jr., M.B.A. Ramachandra Bhagavatula,

M.B.A.

Simon PartnersLawrence S. Hershoff, M.B.A. Dennis S. Soter, M.B.A.

Simon AssociatesJames V. Finniss, M.B.A.

Simon Hundred ClubCharles F. Bellavia, M.B.A. Dennis M. Peel, M.B.A.* Lynne Rogerson, M.B.A. Joseph H. Safier, B.S., M.B.A. Robert B. Seebach, M.B.A. James H. Shear, M.B.A.

Simon DonorsClifton R. Largess Jr., M.B.A.* Leonard J. Lyons, M.B.A. Edward A. Meltzer, M.B.A. Calvin A. Miller, M.B.A.* Patricia O. Ross, B.S., M.B.A.

Class of 1974Simon ExecutivesCarlos P. Naudon, M.B.A.

Simon SocietyAlan J. Heuer, M.B.A.*

Simon FellowsElizabeth S. Hansen, M.S. John B. Robbins, M.B.A.

Simon AssociatesWilliam E. Bond, M.B.A. Paresh J. Davda, M.B.A. Daniel T. Drewek, M.B.A. Milton R. Long Jr., M.B.A.

Simon Hundred ClubCharles E. Dewitte, B.S., M.B.A. Richard H. Franke, Ph.D. Jay H. Goldstein, M.B.A. Steven W. Graham, M.B.A. Alan C. Hasselwander, M.B.A.* Michael L. Kehoe, M.B.A. Edward M. Rice, M.B.A. Thomas A. Terry, M.B.A. William K. Whitworth, M.B.A.

*Executive M.B.A. graduate

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Simon FellowsTyrone Austin, M.B.A. Andrew M. Butler, M.B.A.

Simon AssociatesKristine Ann Zabinski

Birmingham, M.B.A. Frank P. Christian III, M.B.A.

Simon Hundred ClubDavid C. Dennett, M.B.A. Paul M. Dougherty, M.B.A. Wendy Ainsworth Harter, M.B.A. Bernt D. Hoppert, M.B.A. Harvey H. Jacobson, M.B.A. Norman A. Karsten, M.B.A.* Janet Webster, M.B.A.

Class of 1983Simon PatronsMichael S. Rosen, M.B.A.

Simon LeadersGary P. Johnson, M.B.A. Kathy Nadine Waller, M.B.A.

Simon PartnersBrenton D. Anderson, M.B.A. Scott D. Pomerantz, M.B.A. Judson A. Utley, M.B.A.

Simon FellowsBarbara J. Purvis, M.B.A.

Simon AssociatesScott M. Blum, M.B.A. Robert H. Parker Jr., M.B.A.

Simon Hundred ClubKevin M. Burns, M.B.A. Robert C. Cordes, M.B.A. Peter Greaves-Tunnell, M.B.A. Patricia F. Habben, M.B.A. Rachel A. Heisler, M.B.A. Robert J. Leonard, M.B.A. Helen Katherine Negus, M.B.A. Raymond J. Parker, M.B.A.* Peter Rumrill, M.B.A. Craig T. Sheetz, M.B.A. Anthony J. Tangires, M.B.A. Kurt E. Weisenbeck, M.B.A. Anthony G. Wilson, M.B.A.

Simon DonorsJohn C. Buttrill, M.B.A.* Kenneth C. Favata, M.B.A. William M. Prohn, M.B.A. Richard G. Schiavo, M.B.A.* Thomas E. Thaney, M.B.A.

Class of 1984Simon ExecutivesMichael P. Ryan, M.B.A.

Simon SocietyEvans Y. Lam, M.B.A.

Simon PartnersThomas M. Pianko, M.B.A.

Simon FellowsJames J. Malvaso, M.B.A.*

Robert W. Holthausen, M.B.A.,M.S., Ph.D.

Mary Katherine MacNeil, M.B.A. Thomas E. McCullough, M.B.A. Wayne H. Mikkelson, M.S., Ph.D. William J. Reddy, M.B.A.* Stanley J. Refermat, M.B.A. Karen Judd Thomas, M.B.A. Richard C. Wilson, M.B.A.* Linda L. Wittmershaus-Macik,

M.B.A.

Simon DonorsNancy L. Boswell, M.B.A. Virendra K. Gupta, M.B.A.* David C. Johnson, M.B.A. Cynthia Lebel Kahn, M.B.A. Susan Diana Johnson Landis,

M.B.A. Craig K. MacVittie, M.B.A. John L. Rusnak, M.B.A. Uchila N. Umesh, M.B.A. Paul S. Wayland-Smith, M.B.A. M. Katherine Whipple, M.B.A.

Class of 1981Simon ExecutivesChristopher T. Dunstan, M.B.A.

Simon SocietyPeggy Graessle Wier, M.B.A.,

M.S., Ph.D.

Simon FellowsNickolas A. Backscheider,

M.B.A.,* Ph.D.Andrew S. Feld, M.B.A.

Simon AssociatesDavid J. Oliveiri, M.B.A.* Om P. Popli, M.B.A.*

Simon Hundred ClubAllen D. Gundlach, M.B.A. Edward S. Hollshwandner, M.B.A. Gary Lisy, M.B.A. Robert C. Maddamma, M.B.A.* David B. Meister, M.B.A. John B. O’Connor, M.B.A. Robert J. Whitbeck, M.B.A.

Simon DonorsWilliam O. Cranshaw, M.B.A. Jeannine Schmidt Gambrel,

M.B.A. Michael J. Kroeger, M.B.A. Jane Stewart O’Donnell, M.B.A. Paul F. Schneider, M.B.A. John K. Secker, M.B.A.*

Class of 1982Simon ExecutivesKevin P. Collins, M.B.A. Pamela T. Collins, M.B.A. W. Barry Gilbert, M.B.A.

Simon PartnersRussell P. Beyer, M.B.A. Thomas Lys, M.S., Ph.D.Christine A. Goodenough

Roberts, M.B.A.

Class of 1979Simon ExecutivesDonald L. (Skip) Conover,

M.B.A.* Donna L. Matheson, M.B.A.

Simon SocietyDonald H. Chew Jr., M.B.A.

Simon PartnersJeffrey G. Anderson, M.B.A. Samuel T. Hubbard Jr., M.B.A. Avner Kalay, M.S., Ph.D.

Simon FellowsJack H. Chernus, M.B.A. Steven L. Hofler, M.B.A.

Simon AssociatesJ. Burton Brown, M.B.A.* Mark R. Garrison, M.B.A. Sandra B. Schiffman, M.B.A.

Simon Hundred ClubRichard S. Bloss, M.B.A. John A. Foster, M.B.A. Donald W. Haller, M.B.A.* Nancy E. Mellen Herbrand,

M.B.A. Gary P. Knoblach, M.B.A. Barbara Ann Seneca, M.B.A. Ronna Y. Treier, M.B.A.*

Simon DonorsRichard A. Biegun, M.B.A. Howard Sammann, M.B.A.* Stephen E. Townsend, M.B.A. Michael M. Wagner, M.B.A.

Class of 1980Simon BenefactorsJohn W. Anderson, M.B.A.

Simon ExecutivesRobert O. Hudson, M.B.A.*

Simon LeadersThomas J. Hartman, M.B.A.

Simon PartnersMartin L. Stern, M.B.A. Chavis Alice Williams, M.B.A.

Simon FellowsPrem C. Jain, M.S., Ph.D. Michael W. Kernin, M.B.A. Harvey L. Kravis, M.B.A. Lin-Mei Hsu Kravis, M.B.A. Steven S. Levinn, M.B.A.

Simon AssociatesRobert Carberry, M.B.A. Keith E. Harrison, M.B.A. William D. Jones, M.B.A. Robert D. Lorenz, M.B.A.* Donald H. Paston, M.B.A. Thomas C. Vance, M.B.A.

Simon Hundred ClubSanjai Bhagat, M.B.A. Marianela R. DelPino-Rivera,

M.B.A. Carolyn Perry Grow, M.B.A. Neal F. Herman, M.B.A.

Class of 1977Simon AssociatesDavid G. Anderson, M.B.A. Frank J. Bellavia Jr., M.B.A. Raymond V. Malpocher, M.B.A.

Simon Hundred ClubCraig R. Chormann, M.B.A. Gary S. Connors, M.B.A. Richard W. Grilli, M.B.A. John B. Henderson, M.B.A. John F. Hill, M.B.A. Jan M. Shack, M.B.A.

Simon DonorsMona S. Klahn, M.B.A. Gregory W. Matthes, M.S. George J. McLoughlin, M.B.A. Jeffry A. Schwartz, M.B.A. Lynne M. Taylor, M.B.A. Melinda Moyer Whitbeck, M.B.A. William E. Williams, M.B.A. John G. Yingling, M.B.A.

Class of 1978Simon ExecutivesJanice M. Willett, M.B.A. Jeff E. Margolis, M.B.A.

Simon LeadersRobert M. Osieski, M.B.A.

Simon SocietyDavid J. Burns, M.B.A. Marla J. Williams, M.B.A.

Simon PartnersStephen C. Graves, M.S., Ph.D.

Simon FellowsRobert C. Lerner, M.B.A. Stephen W. Shepard, M.B.A. William J. Strassburg, M.B.A.

Simon AssociatesKathleen Ann Colliflower, M.B.A. Hannelore Woodin Hess, M.B.A. Robert M. Hess, M.B.A. John J. Mahar, M.B.A. David K. Young, M.B.A.

Simon Hundred ClubScott W. Abercrombie, M.B.A. Arlene M. Carroll, M.B.A. Shirley J. Edwards, M.B.A.* E. Joyce Grant, M.B.A. Fujio Hayashi, M.B.A. Frank S. Karbel, M.B.A. Jack A. Karet, M.B.A.* Edward K. Mettelman, M.B.A. Richard J. Oparowski, M.B.A. Thomas G. Phelps, M.B.A. Vincent A. Renzi Jr., M.B.A. Lawrence G. Smith, M.B.A.* Fred W. Thomas, M.S.

Simon DonorsRebecca Banken Brindle, M.B.A. Richard M. Wise, M.B.A. Bruce B. Wyner, M.B.A.

Simon DonorsJerome M. Alvermann, M.B.A.* Paul A. Langlois, M.B.A. Michael C. Margolis, M.B.A. James R. Unckless, M.B.A. David L. Wilson, M.B.A.

Class of 1975Simon DirectorsFrancis L. Price, M.B.A.

Simon ExecutivesJoseph T. Willett, M.B.A. Carl E. Sassano II, M.B.A. Carl C. Williams, M.B.A.*

Simon FellowsPeter H. Durant, M.B.A. Robert J. O’Brien, M.B.A.*

Simon AssociatesBarbara D. Bart, M.B.A. Randall K. Bart, M.B.A. John R. Henrie, M.B.A. Richard N. Skuse, M.B.A. Fredric M. Zinn, M.B.A.

Simon Hundred ClubLawrence D. Brown, Ph.D. Michael A. Douglass, M.B.A. Frank J. Greco Jr., M.B.A. Alan R. Skupp, M.B.A.

Simon DonorsRobert R. Cooper, M.B.A. S. David Coriale, M.B.A. Rodney L. Grigg, M.B.A. John M. Kuebel, M.B.A.* Teunis J. Ott, M.S., Ph.D.

Class of 1976Simon ExecutivesJay Steven Benet, M.B.A. Ronald H. Fielding, M.B.A.

Simon PartnersRobert J. Castellani, M.B.A.*

Simon FellowsPaul S. Goldberg, M.B.A. Paul A. Tasca, M.B.A.

Simon AssociatesJames C. Witzel, M.B.A.

Simon Hundred ClubSusan Yurash Close, M.B.A. Richard J. Kievit, M.B.A.* Frederick V. Krumm, M.B.A. Mark A. Maxim, M.B.A. Richard D. McGavern, M.B.A.* Barbara Amdur Rosenbaum,

M.B.A. Arlene D. Thrope, M.B.A. David N. Thrope, M.B.A.

Simon DonorsEric R. Bennett, M.B.A. Carol D. Foster, M.B.A. Laurie Mitchell Garbarino, M.B.A. Richard S. Herlich, M.B.A. Gary J. Hilkert, M.B.A. Gary H. Smith, M.B.A.

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Simon AssociatesArthur L. Nesslage, M.B.A. Martha M. Osowski, M.B.A.

Simon Hundred ClubRoland A. Caputo, M.B.A. Jean H. Carnavos, M.B.A. William T. Evans, M.B.A. Eric E. Fredericksen, M.B.A. Michael J. Gedzelman, M.B.A. Gerald S. Johnson Jr., M.B.A. Samuel R. King, M.B.A. Thomas H. McLain, M.B.A. Dion C. Smith-Dyke, M.B.A. Beth G. Tallman, M.B.A. Suzanne Williams Vary, M.B.A. Bruce E. Wandelmaier, M.B.A.

Simon DonorsEdward D. Kress, M.B.A. Frank R. Maston Jr., M.B.A.* David N. Richardson, M.B.A. Christine Ann Stocker Surette,

M.B.A.

Class of 1985Simon ExecutivesMark D. Quinlan, M.B.A.

Simon LeadersLance F. Drummond, M.B.A.*

Simon SocietyMark H. Mozeson, M.B.A. Brian T. Rhame, M.B.A. Amy L. Tait, M.B.A.*

Simon PartnersRandall A. Krolewicz, M.B.A.

Simon FellowsScott J. Gordon, M.B.A. Kumaravelan Thillairajah, M.B.A. Jon D. Van Duyne, M.B.A.

Simon AssociatesSondra C. Franzen, M.B.A.* W. Scott Gould, M.B.A.*

Robert F. Habig II, M.B.A. Lawrence E. Kozlowski, M.B.A. Charles S. Scully, M.B.A. Patrice D. Scully, M.B.A. Clifford R. Thumma, M.B.A. Kotaro Tomino, M.B.A.

Simon Hundred ClubSaligrama R. Agnihothri, M.S.,

Ph.D. Elizabeth D. Bishop, M.B.A. John R. Cherry, B.S., M.B.A.* Tracy Heimburg Costanzo, M.B.A. Andrew D. Fornarola, M.B.A. Rhonda D. Cunningham Holmes,

M.B.A. Robert S. Karz, M.B.A.* Dennis P. MacMahon, M.B.A. Mark D. Moskowitz, M.B.A. José A. Piazza, M.B.A. Bernard L. Salamone, M.B.A. Nancy Warren-Oliver, M.B.A. Linda C. Fillingham Weitzel,

M.B.A.

Simon DonorsSteven G. Austin, M.B.A. Charles F. Beck, M.B.A.* Andrew S. Blake, M.B.A. Beth A. Fahy, M.B.A.†Paul D. Harjung, M.B.A. Peter M. James, M.B.A. Joseph P. Kent, M.B.A. Anthony C. Mazzullo, M.B.A. Mary Ann Oppenheimer, M.B.A. Joel F. Potter, M.B.A. Sara R. Salloum, M.B.A. James C. Weaver, M.B.A.*

Class of 1986Simon ExecutivesTimothy W. Williams, M.B.A.*

Simon LeadersTaj S. Bindra, M.B.A. Howard A. Zemsky, M.B.A.*

Simon SocietyJohn C. MacDonald, M.B.A.

Simon PartnersJohn P. Adams, M.B.A. William C. Frank, M.B.A. Ronald J. Paprocki, M.B.A.*

Simon FellowsRobert J. Thompson Jr., M.B.A.

Simon AssociatesAmit Basu, M.S., Ph.D. Cathleen Margarete Frank, M.B.A. Thomas B. Hambury, M.B.A.* Kenneth W. Moore, M.B.A.

Simon Hundred ClubCraig Ashinoff, M.B.A. Douglas P. Connolly, M.B.A.* Alan R. Durie, M.B.A. Kathleen S. Larsen, M.B.A. Mickey J. Orr, M.B.A.*

Simon DonorsJudy Cuthbert Babbitt, M.B.A. Linda Christine Hornik Bailey,

M.B.A. Michael J. Elwood, M.B.A.* Robert B. Hall, M.B.A.* Lisa M. Love Hopkins, M.B.A. Betsy L. Nichols Joynt, M.B.A. Elizabeth Anne Shrier, M.B.A. Thomas C. Strasenburgh, M.B.A. Eric J. Vangellow, M.B.A.*

Class of 1987Simon ExecutivesClifford J. Corrall, M.B.A.

Simon LeadersAlan S. Zekelman, M.S.

Simon SocietyDennis M. Pidherny, M.B.A.

Simon PartnersMichael C. Eberhard, M.B.A. Suzanne Cupolo Eberhard, M.B.A.

Ho Young Kim, M.B.A. Mark A. Redline, M.B.A.

Simon FellowsRoger W. Bredder, M.B.A. Rajiv M. Dewan, M.B.A., Ph.D. Ellen M. Willand, M.B.A.

Simon AssociatesKathie A. Keller, M.B.A.* Jonathan B. Polansky, M.B.A. Josephine S. Trubek, M.B.A.*

Simon Hundred ClubDonna Marie Verso Berzolla,

M.B.A. Li-Wei Ko Chiang, M.B.A. Janet L. Dobbs, M.B.A. Edwin M. Erickson, M.B.A. Cynthia L. Kershner Harper,

M.B.A. Thomas P. Nescot, M.B.A. Douglas K. Robinson, M.B.A.* Judith E. Szustakowski, M.B.A.

Simon DonorsKaren L. Bernhardt, M.B.A.* Karen Lee Bresnahan-Uthman,

M.B.A. Michael L. DeMaria, M.B.A. William A. DiCesare, M.B.A. Timothy J. Kindler, M.B.A. Amy Dunham McHale, M.B.A. Walter N. Nelson, M.B.A.* Linda B. Pirollo, M.B.A. Elizabeth A. Sager, M.B.A. Thomas R. Shone, M.B.A. Robert H. White, M.B.A.

Class of 1988Simon PartnersEbrahim Busheri, M.B.A. Juan C. Jones, M.B.A. Kristine Ellen Lemke, M.B.A. Rita L. Ratcliffe, M.B.A.* Alan R. Rosen, M.B.A.* Dean G. Tucker, M.B.A. Diane Zavacki Tucker, M.B.A. Deborah L. Stolz Whitehead,

M.B.A.

Simon FellowsRobert E. Butler, M.B.A.* James C. Schwartz, M.B.A.* Alice Lee Calabrese Smith, M.B.A. Peter L. VonNordheim, M.B.A.*

Simon AssociatesJames R. McConeghy Jr., M.B.A. Timothy D. Smith, M.B.A. Nicholas T. Voulgaris, M.B.A.

Simon Hundred ClubAlphonse T. Alaimo, M.B.A. George O. Bergantz, M.B.A.* Rocco Colangelo Jr., M.B.A. Alan S. Gellman, M.B.A. Craig A. Keefer, M.B.A. Patricia A. St. Leger, M.B.A.

Simon DonorsMichael J. Degenhart, M.B.A.

Scott K. Dunnihoo, M.B.A. Asher Flint VII, M.B.A. Mary Ann Grad, M.B.A. Carol S. Plantz Guerrette, M.B.A. Stephen J. Khederian, M.B.A. Mitchell K. Long, M.B.A. Sharon M. Puccio Phillips,

M.B.A. Steven J. Romocki, M.B.A. Scott D. Shira, M.B.A. Janet Towne Spencer, M.B.A.

Class of 1989Simon SocietyEfrain Rivera, M.B.A.

Simon PartnersPeter L. Gaylord, M.B.A. Linda T. Hollembaek, M.B.A.* Nicholas Jenkins, M.B.A. Loic P. Meston, M.B.A. Helen D. Newman, M.B.A.* Sanjay Vatsa, M.B.A.

Simon FellowsCraig I. Mondschein, M.B.A. Ronald G. Tomaszewski, M.B.A. Philip H. Yawman, M.B.A.

Simon AssociatesBarbara L. Consler, M.B.A. John K. Leister, M.B.A. Dana K. Miller, M.B.A.* Jeffrey L. Rummel, M.S., Ph.D. Samuel H. Ticknor, M.B.A.

Simon Hundred ClubMark A. Anderson, M.B.A. Steffler Newlin Balsley, M.B.A. David J. Cole, M.B.A. Robert B. Klie, M.B.A. Edmund L. Luzine Jr., M.B.A. John F. Maloy, M.B.A. William G. McNeice, M.B.A. Brian P. Meath, M.B.A. Elizabeth A. Pollard, M.B.A. Gregory P. Quintana, M.B.A. John P. Wickson, M.B.A. Simon T. Wu, M.B.A.

Simon DonorsFrank M. Diorio, M.B.A.* James G. Dole, M.B.A. Debra K. Goldberg, M.B.A. Randall M. Hoes, M.B.A. John S. Mooney, M.B.A. Christopher A. Moore, M.B.A. Mary Ann Moore, M.B.A. Ann Shipper Oates, M.B.A. J. Theodore Smith, M.B.A. Stephen J. Wydysh, M.B.A.

Class of 1990Simon PartnersJames V. Hemenway, M.B.A.

Simon FellowsTheodore A. Fagenson, M.B.A. Christopher M. Karr, M.B.A.

*Executive M.B.A. graduate

At Commencement ceremonies in June 2006, E.M.B.A. graduates showed their support for Ana M. MacíaCastillo, their classmate battling cancer, by wearing lung cancer awareness pins on their academic regalia.Pictured (from left): Lisa Davenport, Joseph Wilson, Nora Pasono, James Syrett, Ken Syme, RagniPanjala, Vithal Sanapala and Paul Mayer. Ana passed away on September 19, 2006.

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Simon AssociatesKevin M. Pickhardt, M.B.A.* Peter Ploumidis, M.B.A. Richard C. Pohland, M.B.A. R. Mark Rust, M.B.A. Paul J. Seguin, M.S., Ph.D. Anthony A. Tanner, M.B.A.

Simon Hundred ClubMichael W. Andrews, M.B.A. Nicholas V. V. Angle, M.B.A. Charles J. Avallone, M.B.A. Nicola F. D’Annunzio, M.S. Lorna Jeanne Cialdella

Morehead, M.B.A. Lorrie J. Pownall Savas, M.B.A. Christopher C. Schiavo, M.B.A.

Simon DonorsMauro Canori, M.B.A. Patrick S. Capuano, M.B.A. Scott R. Chambery, M.B.A. Charles F. Fitter, M.B.A. Donald L. Flick, M.B.A.* Elliot S. Foo, M.B.A. Kurtis A. Grage, M.B.A. Robert Grassi, M.B.A. Peter A. Henderson, M.B.A. Stephen G. LeBlanc, M.B.A.* Charles G. Ross, M.B.A. Marjorie M. Stell, M.B.A. Margaret C. Walters, M.B.A.

Class of 1991Simon ExecutivesDaniel G. Lazarek, M.B.A.

Simon SocietyRichard T. Miller, M.B.A.

Simon PartnersDavid R. Dobies, M.B.A.

Simon FellowsDavid E. MacLean, M.B.A.

Simon AssociatesWilliam J. Eva, M.B.A. Rajnish Garg, M.B.A.

Denise K. Gutstein, M.B.A. Peter A. Hawkins, M.B.A. Renee V. Hawkins, M.B.A. Judith S. Paniccia Ricker, M.B.A. Kevin J. Zielinski, M.B.A.

Simon Hundred ClubMaysa Perez Antonio, M.B.A. John C. Casper, M.B.A. Betty Jean F. Dean, M.B.A.* Joseph J. Gerber, M.B.A.* Charles W. Goodman, M.B.A. Anju Gupta, M.B.A. Juhani J. Haikala, M.B.A. Bruce A. Leichtman, M.B.A. Suzanne Gray Murphy, M.B.A. Michael J. O’Brien, M.B.A.* Peggy Y. Wang Palamar, M.B.A. Susan E. Koerner Pearson,

M.B.A. James M. Quinn, M.B.A. Donald G. Rackl, M.B.A. Jill Vallandingham Roman,

M.B.A. David A. Rothstein, M.B.A. Rudolf L. Santbulte, M.B.A.* Paula L. Siviy, M.B.A.* Timothy W. Smith, M.B.A.

Simon DonorsDonna M. Bachand, M.B.A. John A. Borrelli, M.B.A. Margaret S. Champlin, M.B.A. Kenneth W. Hammill, M.B.A. A. Leigh Harrington, M.B.A.* Steven J. Meyers, M.B.A. Patrick J. Rogers, M.B.A. Carl J. Salatino, M.B.A. Jeananne Thomas, M.B.A. Bruce H. Watkins, M.B.A.* John F. Wenderlich, M.B.A.

Class of 1992Simon SocietyGerald A. Altilio Jr., M.B.A.

Simon PartnersBruce W. Parks, M.B.A. Richard G. Sloan, M.S., Ph.D.

Simon AssociatesAnwer S. Ahmed, M.S., Ph.D. Robert T. Kingsley, M.B.A. Judy M. Pribe, M.B.A.*

Simon Hundred ClubJay W. Allen, M.B.A. R. Todd Barber, M.B.A. Steven A. DeBalso, M.B.A. Phillip Dipietro, M.B.A. Gregory S. Hayt, M.S. Michael J. Mahoney, M.B.A. Karin C. Manning, M.B.A. Mark E. Maring, M.B.A. Christian B. Modesti, M.B.A. Carla A. Romney, M.B.A. James R. Root, M.B.A.* Johannes J. Van Den Biesen,

M.B.A.* Sree Sudha Yerneni, M.B.A.

Simon DonorsJohn W. Gatsios, M.B.A. Gregg D. Layer, M.B.A. Jeffrey W. Politte, M.B.A. Ernest W. Sax, M.B.A.* Julie L. Scott, M.B.A.

Class of 1993Simon ExecutivesPhilip G. Fraher, M.B.A.

Simon PartnersPatricia Mary Dechow, M.S.,

Ph.D. David M. Khani, M.B.A.

Simon FellowsElizabeth A. Cesarano, M.B.A. Lawrence A. Halliday, M.B.A. Timothy W. McHugh, M.B.A.

Simon AssociatesSteven C. Bussey, M.B.A. Cynthia M. Hould Duley, M.B.A. John W. Lind, M.B.A. Smriti L. Popenoe, M.B.A. Susan E. Rossetti, M.B.A. David C. Uhazie, M.B.A. Anuradha Venkataraman, M.B.A.

Simon Hundred ClubMark J. Adams, M.B.A.* Patricia L. Barton, M.B.A.* Hsiang-Li Chiang, M.S., Ph.D. Joseph G. Eckl, M.B.A. Nancy R. Horn, M.B.A.* Juliana C. Janson, M.B.A. David A. Lyons, M.B.A. Donna C. Phipps Martin, M.B.A. Mike D. Prestidge, M.B.A. Robert W. Reardon, M.B.A. Laura J. Reitter, M.B.A. Todd Rubiano, M.B.A. Richard T. Wahl, M.B.A.

Simon DonorsRobert T. Brunner, M.B.A. Laurence C. Davis III, M.B.A. Peter W. Diamond, M.B.A. Thomas J. Grant, M.B.A.* N. Ricky Gray, M.B.A. Stuart W. Marsh, M.B.A.

Jeffrey B. Parker, M.B.A. Virginia S. Potter, M.B.A.*

Class of 1994Simon PartnersWayne D. France III, M.B.A. James M. Molloy, M.B.A. Lisa A. Myers, M.B.A.

Simon FellowsBrian D. Arsenault, M.B.A. Mark S. Greenstein, M.B.A.

Simon AssociatesShaun G. Buckley, M.B.A. T. Hunter Dare, M.B.A. Alejandro Jaramillo, M.B.A. Jerry P. Reddy, M.B.A.

Simon Hundred ClubScott S. Biggar, M.B.A. Tascha Davis, M.B.A. Seth C. Diamond, M.B.A. Alan D. Dobbins, M.B.A. Michael J. Fagnant, M.B.A. Michael J. Knapp, M.B.A. Edouard E. Langlois, M.B.A.* Joseph Levy, M.B.A.* Howard J. Mulcahey, M.B.A. Neil M. Protter, M.B.A. Paul Turpin, M.B.A. Eric Tyler, M.B.A.*

Simon DonorsEric A. Bessette, M.B.A. James A. Black, M.B.A. Donald A. Brydges, M.B.A. Rosemary J. Chengson, M.B.A. Jan Daermann, M.B.A. Jeremy P. Hawk, M.B.A. Joseph Kurzweil, M.B.A. Timothy Mack, M.B.A.* Scott I. St. John, M.B.A. Philip W. Simplicio, M.B.A. Gregory J. Vangellow, M.B.A. Jon H. Wendt, M.B.A. Memet M. Yazici, M.B.A.

Class of 1995Simon ExecutivesMichael Stone, M.B.A.*

Simon SocietyRobert H. Balk, M.B.A.

Simon PartnersMarc C. Castellani, M.B.A. Mark D. Unferth, M.B.A.

Simon FellowsJohn J. Kapitan, M.B.A. Lisa Danelutti Kapitan, M.B.A. Paul H. McAfee, M.B.A.* Carlos Rodriguez, M.B.A.

Simon AssociatesCarlos J. Barrionuevo, M.B.A. Stephen G. Down, M.B.A. J. Russell Griffee, M.B.A. John C. Hill, M.B.A. Robert W. Jones, M.B.A. Robert J. Morrison, M.B.A. Jack C. Pranzo, M.B.A.

Roger L. Smith, M.B.A. Paul Wilkens, M.B.A.*

Simon Hundred ClubRachel Adonis, M.B.A.* Kenneth B. Babineau, M.B.A. Philip J. Castrodale, M.B.A. Mark DiFelice, M.B.A. Jane McMahon Evan, M.B.A. Dorothy B. Hunter Gordon,

M.B.A. Dwayne D. Jarrell, M.S. Michele M. Lawrence, M.B.A. Anthony J. Sciarabba, M.B.A. Andrew N. Sveen, M.B.A. Katherine Gall Sveen, M.B.A. Christopher Weiler, M.B.A.

Simon DonorsElly S. Kang Chiariello, M.B.A. Merle N. Drake, M.B.A.* Jacquelyn Marchand, M.B.A. Edward L. Vaczy, M.B.A.* John Witzel, M.B.A.* Kenneth J. Zablotny, M.B.A.*

Class of 1996Simon SocietyDavid S. Perkins, M.B.A.

Simon PartnersPeter M. Palermo III, M.B.A.* Martin Putsch, M.B.A. Philippe R. Schwob, M.B.A.* Roger A. Stamm, M.B.A.

Simon FellowsDaniel J. Gisser, M.B.A.

Simon AssociatesMichael Folkerts, M.B.A. Ayan D. Gupta, M.B.A. Audelle R. Harvey, M.B.A. William H. Kelly Jr., M.B.A. Paul D. Woolf, M.B.A.*

Simon Hundred ClubPeter W. Alpern, M.B.A. John A. Detweiler, M.B.A. Daniel J. Enright, M.B.A. Jennifer C. Henry, M.B.A. Linda Palmeri Jacobson, M.B.A. James Joy, M.S. Maura T. McGinnity, M.B.A.* Daniel B. Morchower, M.B.A. Douglas D. Neff, M.B.A. Lynn K. Neff, M.B.A.* Ronald B. Ransom, M.B.A.* Daniel S. Richter, M.B.A. Claire Z. Van Arsdale, M.B.A.

Simon DonorsMichael S. Greenberg, M.B.A. Kevin D. Lance, M.B.A. Sanjeev K. Popli, M.B.A. Ramona K. Vaughn Rene, M.B.A. Janice R. Schillaci, M.B.A. Charles Spiteri, M.B.A. Debabrata Talukdar, M.S., Ph.D. Jonathan D. Wagner, M.B.A.

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Class of 1997Simon PartnersRobert B. Dorr, M.B.A. Michael A. Orr, M.B.A.

Simon FellowsSiddharth S. Suri, M.B.A. Kejian Wang, M.B.A.

Simon AssociatesMichael O. Baldauf, M.B.A. Susie Truesdell, M.B.A.*

Simon Hundred ClubGary E. Bischoping Jr., M.B.A. Teresa C. Blake, M.B.A. Jason R. Bribitzer-Stull, M.B.A. Anne M. Hunt, M.B.A. Earl R. Lewis, M.B.A. Colleen D. McVeigh, M.B.A.* Frank T. Meleca, M.B.A. Ian H. Turvill, M.B.A. Andrew M. Williams, M.B.A.

Simon DonorsThomas W. Burt Jr., M.B.A. Daniel J. Harrison, M.B.A.* Gail Esther Pollack Pogal,

M.B.A.*Vicki P. Redman, M.B.A. Sergey V. Rosolovsky, M.B.A. Sudarshan Setlur, M.B.A. Charles N. Stewart, M.B.A.* Robert W. Wensley, M.B.A.

Class of 1998Simon FellowsMaureen A. Fallon, M.B.A. Joel J. Levesque, M.B.A. Ashley G. Shemain, M.B.A.

Simon AssociatesGlenn I. Butler Jr., M.B.A. Daniel N. Chai, M.B.A. Adam J. Fleischhacker, M.B.A. Robert M. Grimm, M.B.A. Casey L. Kurz, M.B.A. Marcus Perry, M.B.A. James C. Stevens, M.B.A. Laura Whitby, M.B.A.*

Simon Hundred ClubPelin Aylangan, M.B.A. James B. Boffardi, M.B.A. Martin S. Canning, M.B.A.* Michael K. Chan, M.B.A. Bruce A. Collier, M.B.A. Michael J. Dashnaw, M.B.A. William R. Doolittle, M.B.A. Felicisimo G. Falcon Jr., M.B.A. Brian K. Gallipeau, M.B.A. Dale E. Heims, M.B.A. Hanson Hsu, M.B.A. Timothy R. Klembczyk, M.B.A. Shannon B. Silsby, M.B.A. George E. Siviy, M.B.A.*

Simon DonorsThomas C. Benson, M.B.A. Wayne R. Guay, M.S., Ph.D. J. Greg Hart, M.B.A.

Nissa Ruth McCumber Knight,M.B.A.

Geoffrey C. Laughlin, M.B.A. Luigi B. Limentani, M.B.A. Thomas K. Schmidt, M.B.A. Robert F. Sile, M.S. Taro Tanaka, M.B.A. Landon T. Wilson, M.B.A.*

Class of 1999Simon ExecutivesSteven P. Brigham, M.B.A.*

Simon PartnersHelen A. Zamboni, M.B.A.*

Simon FellowsBrian Donaldson, M.B.A.*

Simon AssociatesBarbara C. McIver, M.B.A. Sara Plasky-Sachdev, M.B.A.* J. Michael Reed, M.B.A. Jeffery H. Sokol, M.B.A.*

Simon Hundred ClubLawrence S. Brennan, M.B.A. Eleanor G. Collinsworth, M.B.A.* John W. Dower II, M.B.A. Daniel Forrester, M.B.A. Jayesh A. Gandhi, M.B.A. Timothy I. Henkel, M.B.A. Robert J. Holzhauer, M.B.A. Kristopher A. Kohrt, M.B.A. Maxime Lecoin, M.B.A. Louise McDonald, M.B.A.* Michael T. Minor, M.B.A. Syed A. Mustafa, M.B.A.* Ellen Li Zhang Ross, M.B.A.* James S. Senall, M.B.A. Jonathan E. Silsby, M.B.A.

Simon DonorsJames C. Christie, M.B.A. Dan Curry, M.B.A.* Scott G. Gibbs, M.B.A. W. Allen Harrison IV, M.B.A. Kathleen E. Jacobs, M.B.A. Joseph F. Janinek, M.B.A.* Kenneth N. Kotz, M.S. Steven M. Lalonde, M.B.A. Mark A. Lozina, M.B.A. Ann T. Melville, M.B.A.* John D. Quinzi, M.B.A. Jeffrey Rubenstein, M.B.A.* Allan D. Shafer, M.B.A.* Steven M. Small, M.B.A. Pamela Barrett Spiteri, M.B.A.* Deborah Bordynski Vangellow,

M.B.A. Brian M. Wirsig, M.B.A. Michael P. Wiseman, M.B.A.

Class of 2000Simon PartnersMarc J. Haas, M.B.A. Christopher C. O’Donnell, M.B.A. Colleen J. Wegman O’Donnell,

M.B.A.Ven Swaminathan, M.B.A.

Simon FellowsAntonio Caram-Neto, M.B.A. Robert S. Genter, M.B.A. Tracy M. Herbert, M.B.A.* Jennifer A. Huse, M.B.A.

Simon AssociatesScott P. Gucciardi, M.B.A.* Timothy F. Jones, M.B.A.* Irina Netessina, M.B.A. Bart Schockaert, M.B.A. Jeffrey D. Sorensen, M.B.A.*

Simon Hundred ClubCharles E. Aldridge, M.B.A.* Andrew M. Campbell, M.B.A. Rafael S. De Paoli, M.B.A. Jennifer Eileen Henion, M.B.A. Karen K. Wishau Hogan, M.B.A. Masafumi Kobayashi, M.B.A. Hiroshi Komada, M.B.A. Jon E. Lindstrom, M.B.A. Brendan E. Lynch, M.B.A. Nancy A. Mueller, M.B.A. Elad Nafshi, M.B.A. Gerard C. Walter, M.B.A.* Kevin R. Wilmot, M.B.A.

Simon DonorsV. Daniel Barth, M.B.A. Marsha A. Booth, M.B.A. David C. Carr, M.B.A. James M. Croop, M.B.A.* Richard N. Klein, M.B.A. Laura J. Piccolo, M.B.A. Bryan A. Smith, M.B.A. Christopher E. Wheeler, M.B.A.

Class of 2001Simon LeadersPaul O. Staeheli, M.B.A.*

Simon PartnersSuge Luo, M.B.A.

Simon FellowsDaniel J. Burnside, M.B.A. Deborah Lynn Musinger, M.B.A. Peter B. Shephard, M.B.A.

Simon AssociatesJudith Grace Alexander-Wasley,

M.B.A. Philip J. Bartlett, M.B.A. Serguei Netessine, M.S., Ph.D. Viatcheslav Smolianinov, M.B.A.

Simon Hundred ClubPatricia A. Calkins, M.B.A.* Matthew S. Jaffe, M.B.A. Ranjit A. Khanolkar, M.B.A. Patrick C. Krenzer, M.B.A. Jeffrey G. Mosca, M.B.A. Mike S. Nichting, M.B.A. Samuel R. Ogie, M.B.A.

Simon DonorsWilliam T. Hunt Jr., M.B.A. Dennis Lee, M.B.A. Jeffrey S. Meteyer, M.B.A.* Matthew W. Reifsteck, M.B.A. George R. Robertson Jr., M.B.A.

Jeannine A. Rossignol, M.B.A. John P. Scanlon, M.B.A. Jeffrey J. Sigel, M.B.A. Ronald D. Wille Jr., M.B.A.

Class of 2002Simon PartnersTrevor A. Lloyd, M.B.A. Peter J. Opdam, M.B.A.

Simon FellowsRyan J. Hwang, M.B.A. Douglas J. Witter, M.B.A.

Simon Associates Sean M. Carroll, M.B.A. Scott M. DeTraglia, M.B.A. James S. Dispenza, M.B.A. Gary Meeks, M.B.A.*

Simon Hundred ClubPatrick J. Bachmann, M.B.A. Sheraun Y. Britton-Parris, M.B.A. Daniel R. Corral, M.B.A. Kent J. Evans, M.B.A.* Richard A. Gammons, M.B.A.* Darius M. Koenig, M.B.A. Pablo A. Mastandrea, M.B.A. Kyoko Matsuba, M.B.A. Luis A. Ortiz, M.B.A. Sarah E. Ryan, M.B.A. Rick S. Tadokoro, M.B.A.

Simon DonorsPhilip M. Byrne, M.B.A. James L. Canessa, M.B.A. Anirudh Chowdhry, M.S., M.B.A. Denise Marie Fitzgerald, M.B.A.* Patrick G. Haughton, M.B.A. Andrew R. Hurysz, M.B.A. Christopher Liucci, M.B.A.* Scott E. Nolen, M.B.A. Sandra Rowland, M.B.A.* Steven Sandidge, M.B.A. Marilyn Spunar, M.B.A.* Mark K. Tyson, M.B.A. Megan Rae Volhejn, M.B.A. Philip A. Wong, M.B.A.

Class of 2003Simon PartnersYunfei Zhou, M.B.A.

Simon AssociatesMichael C. Curtis, M.B.A. Caroline Perkowski Minsavage,

M.B.A. Sean R. Murtagh, M.B.A. P. Peter Nguyen, M.B.A.

Simon Hundred ClubGeorge J. Andrews, M.B.A.* Christopher W. Busch, M.B.A. Cindy L. Casper, M.B.A.* Michael A. Cirami, M.B.A. Josh Z. Goldberg, M.B.A. Christopher J. Herrmann, M.B.A. Edward A. Mills, M.B.A. Carl Nielsen, M.B.A.* Terrence O’Grady, M.B.A.* Louis M. Orsini, M.B.A.*

Jason Rice, M.B.A. Nihar S. Shah, M.B.A.

Simon DonorsHeather Desciora Agnello,

M.B.A. John Blanchard, M.B.A. José Diaz, M.B.A.* Heath E. Gebell, M.B.A. Paul J. Hurley, M.B.A. Susan L. Blood Jones, M.B.A. John J. Polidori, M.B.A.* Anthony T. Ricci, M.B.A. Thomas A. Richardson, M.B.A.* Brent J. Ring, M.B.A. Susan Lynn Scarlato, M.B.A. Carolyn Finch Schmidt, M.S. Ilya Shekhter, M.B.A. Cynthia Clusen Sherwood,

M.B.A. Alberto Q. Uy, M.B.A.*

Class of 2004Simon FellowsStephanie Hogue, M.B.A. Gang Ji, M.B.A. Marisol Rodriguez, M.B.A. Kenneth J. Weliczka, M.B.A.

Simon AssociatesGregory J. Butera, M.B.A. Brian DeRosa, M.B.A. Jaeman Kim, M.B.A. Zhyong Li, M.B.A. Debra Trueger Maddow, M.B.A. Michelle F. Mattick, M.B.A.* Arturo Picicci, M.B.A. Monica Eve Ryszytiwskyj, M.B.A. Christopher R. Seitz, M.B.A. Annie Wu, M.B.A. Jinnan Yang, M.B.A.

Simon Hundred ClubAndrew A. Adachi, M.B.A. Giuseppe Arpino, M.B.A. Douglas J. Austin, M.B.A. David F. Bassett, M.B.A.* Gilad Biegacz, M.B.A. David Crotty, M.B.A. John Currie, M.B.A. Marcelo A. Fama, M.B.A. Tania Genel, M.B.A. Gabriela Gutierrez, M.B.A. Federico Kalnicki, M.B.A. Wolfgang Karbe, M.B.A. Kevin Kepner, M.B.A.* Bradley King, M.B.A. Suzanne M. Ley, M.B.A. Lee McNeer, M.B.A. Peter E. Neuburger, M.B.A. Shaheen Paydar, M.B.A. Maurice Raichelson, M.B.A. Jeffrey Scheer, M.B.A. Kevin Sheldon, M.B.A. Heather Sisley, M.B.A. Blaine Streisand, M.B.A. Janice Hohl Svec, M.B.A. Tock Siong Tan, M.B.A. Ronnie Tao, M.B.A.

*Executive M.B.A. graduate

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James Tsantes, M.B.A. C. Nicklas Weich, M.B.A. Yichao Yu, M.B.A.

Simon DonorsDavid DiSanto, M.B.A. Cesar Garcia-Brena, M.B.A. Chris Gudmastad, M.B.A. Sharon Markowitz, M.B.A. S. Brooks Moore, M.B.A. Robert P. Trimaldi Jr., M.B.A. Lisa R. Wells, M.B.A. Nicole Wong, M.B.A.

Class of 2005Simon DirectorsTimothy P. Wilmot, M.B.A.

Simon PartnersJefferson S. Svengsouk, M.B.A.

Simon FellowsJing Chen, M.B.A. Naomi Sarah Cohen, M.B.A.

Simon AssociatesJill Christine Gullace Bane,

M.B.A. Cory B. Fasold, M.B.A. Adam B. Frisicaro, M.B.A. Maxwell D. Jeane Jr., M.B.A. Anuka Sara Kakkasseril, M.B.A. Jonathan H. Lay, M.B.A. Austin M. Manengu, M.B.A. Arun Manhapra, M.B.A. Seth B. Martin, M.B.A. Paul G. McGlyn, M.B.A. Ning Muk, M.B.A. Ibukun Ogunbekun, M.S. Rajat K. Padhi, M.B.A. Xiaopeng Ren, M.B.A. Michelle Lisa Schwartz, M.B.A. Whitney Elizabeth Slavinskas,

M.B.A. Goncalo N. Souto, M.B.A. Seiichiro Takahashi, M.B.A. Azara Usman Turaki, M.B.A. Mercedes Isabel Falcon

Urdaneta, M.B.A. Hong Zhang, M.B.A.

Simon Hundred ClubShagufta Khan Ahmed, M.B.A. Christopher A. Antola, M.B.A. Kurt F. Barrios, M.B.A. Christopher B. Berger, M.B.A. Jeffrey A. Case, M.B.A. Jerrold A. Cline, M.B.A. Mihir S. Desai, M.B.A. Javier A. Diaz, M.B.A. Kathryn Ann Dudek, M.B.A. Eugene P. Hsu, M.B.A. Ryan W. Kaiser, M.B.A. Jonathan C. Kalmanoff, M.B.A. Rameet S. Kohli, M.B.A. Daniel Lander, M.B.A. Young Yoon Lee, M.B.A. Anjiang Liu, M.B.A. Rajeev K. Malik, M.B.A. Raquel Marquez, M.B.A.

Sean R. Martell, M.B.A. Ryan C. Martin, M.B.A. David C. Mruk, M.B.A. Walter J. Olshanski, M.B.A. Lyndie Beth Siff, M.B.A. Aaron L. Wagner, M.B.A. Doron Weber, M.B.A.

Simon DonorsGretchen Leigh Benko, M.B.A. Arun K. Dabas, M.B.A. Ann M. Hitchcock-Schwab,

M.B.A.* Daniel J. Keating, M.B.A.* Robert W. Kirsch, M.B.A. Ann Marvin, M.B.A.* Pedro Grau Monjo, M.B.A. Timothy A. Montbach, M.B.A. Lucia Perez, M.B.A.* Kristine Theresa Wiederhold

Robertson, M.B.A. Monika Saxena, M.B.A. Dominic A. Seiterle, M.B.A. Manu Sikka, M.B.A. Sandeep S. Singh, M.B.A. Charles R. Smith, M.B.A. Garth R. Snyder, M.B.A.

Class of 2006Simon PartnersAnne Kristen Fitzpatrick, M.B.A. Kevin J. Potempa, M.B.A.

Simon FellowsTimothy D. Elder, M.B.A. Sang Chul Han, M.B.A.

Simon AssociatesHanpeng Dong, M.B.A. Michael J. Duggan, M.B.A.* Rudelle J. Francis, M.B.A.* Chung-Chieh Huang, M.B.A. Kenji Ikeda, M.B.A. Da-Zen P. Jean, M.B.A. Takao Miyamoto, M.B.A. Nora L. Pasono, M.B.A.* Vikram Vekre, M.B.A. Daisuke Wakura, M.B.A.

Simon Hundred ClubLisa B. Altman, M.B.A.* Kathleen A. Azzario, M.B.A.* Benjamin M. Bickel, M.B.A.* Peter W. Crane, M.B.A.* Mark C. Craven, M.B.A.* Frederico C. Cruvinel, M.B.A. Michael F. Cutaia, M.B.A.* Thomas H. Greenwood, M.B.A.* Chad A. Jividen, M.B.A.* Christopher Johnston, M.B.A. Dai L. Liu, M.B.A. Jeffrey Luchetti, M.B.A. Charles A. Maxwell, M.B.A.* Paul F. Mayer, M.B.A.* Robert E. Reinerman, M.B.A. Vithal P. Sanapala, M.B.A.* Mustafa Saya, M.B.A. Ahmet C. Ulsoy, M.B.A. George I. Wei, M.B.A.

Simon DonorsKenyatta J. Andrews, M.B.A.Christopher M. Cannucciari,

M.B.A. Chen Chang, M.B.A. Ya-Ting Chang, M.B.A. Matthew W. Cromwell, M.B.A. Alexander N. Dyakov, M.B.A. Sushant G. Gaonkar, M.B.A. Prakash Goswami, M.B.A. Haidong Huang, M.B.A. Jigang Li, M.B.A. Ray K. Maung, M.B.A. Matthew J. Mazzaferro, M.B.A. Yukte Oberoi, M.B.A. Gregory E. Osier, M.B.A. Shannon Marie Ozkum, M.B.A. Zhaohui Qin, M.B.A. Pavel K. Romanov, M.B.A. Suresh A. Vadakathu, M.B.A. Montique V. Williams, M.B.A. Tao Zhang, M.B.A. Yingxuan Zhang, M.S. Jingyi Zhao, M.B.A. Dongli Zheng, M.B.A.

Matching GiftCorporationsAetna Foundation Inc.Akzo America Inc.Alcoa Foundation/AluminumAltria Group Inc.AMBAC Inc.Automatic Data Processing Inc.Bank of AmericaThe Bank of New York Company

Inc.The Bank of Tokyo-MitsubishiBarclays Capital (Barclays Bank

P.L.C.)Becton Dickinson & Co.The Boeing Co.Cadence Design Systems Inc.Chicago Tribune CharitiesCitigroup FoundationThe Clorox CompanyCoca-Cola Enterprises Bottling

Co.ConAgra FoundationCorning Inc.Deloitte & Touche USA L.L.P.Dow Jones Company Inc.Eaton Vance ManagementEli Lilly & CompanyErnst & Young FoundationExxonMobil FoundationFederated Dept. StoresFidelity Charitable Gift FundFifth Third BankGartnerGroup Charity FundGeneral Electric CompanyGeneral Motors CorporationThe Gillette CompanyGleason FoundationHarris FoundationHSBC Bank–USAI.B.M. CorporationJ. P. Morgan Chase & Company

Johnson & JohnsonS. C. Johnson Fund Inc.Key FoundationKPMG FoundationKraft Foods Inc.Lehman BrothersLexmark International Inc.Lockheed Martin CorporationMarsh & McLennan Companies

Inc.The McGraw-Hill FoundationMcKesson FoundationMerck & Co. Inc.Merrill Lynch & Company Inc.Microsoft CorporationMitretek SystemsThe Moody’s FoundationNational GridNielsen Media ResearchN.Y.S.E./New York Stock

Exchange Foundation Inc.Oracle CorportationPactiv CorporationPerry CapitalPfizer Corporation Inc.Philips ElectronicsPhoenix Home Life MutualThe Procter & Gamble CompanyQualcomm IncorporatedRaytheon CompanySanofi-aventisSara Lee FoundationScience Applications International

Corp.Siemens Medical Solutions USA

Inc.Sprint FoundationSquare D CompanySunGard BSR Inc.Thomson WestUnited Technologies CorporationThe UPS Foundation Inc./United

Parcel ServiceThe Vanguard Group Inc.Verizon CommunicationsWachovia FoundationWashington Mutual Inc.Wellington Management

Company L.L.P.Wells Fargo BankWells Fargo Community SupportThe Xerox Foundation/Xerox

Corporation

Corporate andFoundationSupportAdirondack Capital Management

Inc.Aetna Foundation Inc.American Marketing Association,

Rochester ChapterJohn W. and Colleen M.

Anderson Family FoundationAOL L.L.C.Atlas Tube USA Inc.Broadstone Real Estate L.L.C.

Canandaigua National Bank &Trust

The Central New York CommunityFoundation

Citigroup FoundationCitizens Financial GroupCivic Services Inc.The Clorox CompanyClover Capital ManagementConsortium for Graduate Study in

ManagementCooperVision Inc.Davenport-Hatch FoundationEastman Kodak CompanyElement K Delaware Inc.ERM Thermal Technologies Inc.Ewing Marion Kauffman

FoundationExcellus Health PlanExubrio L.L.C.The Farash CorporationFidelity Charitable Gift FundFidelity FoundationFlorescue Family FoundationThe Foundation for Jewish

PhilanthropiesGenencor InternationalThe Genesee Valley Trust

CompanyGleason FoundationHajim Family FoundationHeineken USAHidden Pond FoundationHoneywell Inc.International Truck & Engine Corp.J.C. Jones & Associates L.L.C.Jewish Communal FundJohnson & JohnsonKCL InternationalKPMG FoundationMedco Health SolutionsMendon Capital Advisors Corp.Microsoft CorporationMitretek SystemsMorgan Stanley Dean WitterNational Philanthropic TrustNorthern Capital Group Inc.OppenheimerFunds Inc.PAETEC Communications Inc.Princeton Business Solutions IncQ3 Stamped Metal Inc.Ravenwood Golf ClubRich Products Corp.Rochester Area Community

FoundationMichael S. Rosen FoundationSt. Paul Travelers FoundationSiemens Medical Solutions USA

Inc.William E. Simon FoundationSun State International TrucksTabarin Productivity SystemsUnion Leasing CorporationUnited Way of Greater RochesterWells Fargo Community SupportZemsky Family Foundation

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*Executive M.B.A. graduate

Alumni Advisory Council

Sarah Plasky-Sachdev, M.B.A. ’99,* Co-chairTimothy D. Smith, M.B.A. ’88, Co-chair

Nicholas V. V. Angle, M.B.A. ’90Diane F. Austin, M.B.A. ’85Carlos J. Barrionuevo, M.B.A. ’95Charles F. Bellavia, M.B.A. ’73Michael K. Burkeen, M.B.A. ’98Ebrahim Busheri, M.B.A. ’88Steven C. Bussey, M.B.A. ’93Sean M. Carroll, M.B.A. ’02Paul D. Caseiras, M.B.A. ’90Daniel N. Chai, M.B.A. ’98Aaron Chan, M.B.A. ’02T. Hunter Dare, M.B.A. ’94Robert B. Dorr, M.B.A. ’97Wendy Eber-Morris, M.B.A. ’95Denise M. Fitzgerald, M.B.A. ’02*Elliot S. Foo, M.B.A. ’90Scott J. Gordon, M.B.A. ’85Mark S. Greenstein, M.B.A. ’94Martin Hellweg, M.B.A. ’93Wanda A. Humphrey, M.B.A. ’92Anne M. Hunt, M.B.A. ’97Glenn G. Jackling, M.B.A. ’97*Peter P. Jones, M.B.A. ’82Mary Bennett Kellmanson, M.B.A. ’94David M. Khani, M.B.A. ’93Zdenek C. Kratky, M.B.A. ’00Frank H. Lallos, M.B.A. ’93Peter F. Lallos Jr., M.B.A. ’90Geoffrey C. Laughlin, M.B.A. ’98Michele M. Lawrence, M.B.A. ’94Gregg A. Lederman, M.B.A. ’00Edmund L. Luzine, M.B.A. ’89Paul H. McAfee, M.B.A. ’95*Michael A. McCourt, M.B.A. ’93Maura T. McGinnity, M.B.A. ’96*Brian P. Meath, M.B.A. ’89Christian B. Modesti, M.B.A. ’92Mark H. Mozeson, M.B.A. ’85Douglas D. Neff, M.B.A. ’96Walter (Terry) Newcomb II, M.B.A. ’72Peter M. Palermo III, M.B.A. ’96*Russell B. Pleasants, M.B.A. ’81Angelo J. Ponticello, M.B.A. ’97Judy M. Pribe, M.B.A. ’92*Maurice Raichelson, M.B.A. ’04Rita L. Ratcliffe, M.B.A. ’88*Ebon W. Robinson, M.B.A. ’01Miyako N. Schanely, M.B.A. ’95James C. Schwartz, M.B.A. ’88*Jeremy L. Seligman, M.B.A. ’84Shannon B. Silsby, M.B.A. ’98Lynn A. Siverd, M.B.A. ’91Martin L. Stern, M.B.A. ’80Anthony A. Tanner, M.B.A. ’90James P. Thielen, M.B.A. ’89*Samuel H. Ticknor, M.B.A. ’89Deniz Tunca, M.B.A. ’00Ian H. Turvill, M.B.A. ’97John P. Wickson, M.B.A. ’89Memet (Matt) Yazici, M.B.A. ’94

Commencement 2006—(from left) Lynn Farash, accepting the David T. KearnsMedal of Distinction on behalf of her father, Max M. Farash; James S. Gleason ’68,*recipient of the Hutchison Medal; President Joel Seligman; and Lance F. Drummond’85,* Distinguished Alumnus Award recipient and commencement speaker.

Summer Business Institute @ Simon� Discover exciting opportunities in business, while earning

four credits

� Get a head start on your career path� Three-week program includes courses in three areas:

general management, marketing, and accounting and finance

� Opportunities to network and learn from area CEOs

June 4–22, 2007

Commencement 2006University President Joel Seligman presided over the Simon School Commencement on June 11, 2006, his first sincebecoming president of the University of Rochester.

� Lance F. Drummond ’85,* senior vice president and service and fulfillment operations executive in global technology,service and fulfillment, at Bank of America, delivered the Commencement Address and received the DistinguishedAlumnus Award.

� Max M. Farash, founder of The Farash Corporation, one of the most successful real estate development companies inRochester history, received the David T. Kearns Medal of Distinction. The Kearns Medal honors those who exhibit significantachievements in business, public service and education.

� James S. Gleason ’68,* chairman of the board of directors of Gleason Corporation and chairman of the GleasonFoundation, received the University of Rochester’s Charles Force Hutchison and Marjorie Smith Hutchison Medal, thehighest honor given by the University to an alumnus, recognizing outstanding achievements and notable service to thecommunity, state or nation.

Simon Class of 2006 Statistics

197 graduates of the full-time and part-time M.B.A. programs (153 full-timeand 44 part-time)

38 graduates of the Executive M.B.A.Program

29 graduates who received the M.S.degree in Business Administration

9 graduates who were awarded thePh.D. in Business Administration

35 graduates of the Simon School’sExecutive M.B.A. Program in Bern,Switzerland

Enrollment is limited. Apply now! Application Deadline: April 14, 2007$250 tuition discount, if applying before March 22, 2007

For more information, contact us at (585) 275-3533 or go towww.simon.rochester.edu/summerinstitute

Fall06 1/2/07 2:51 PM Page 35

As we beginthis academicseason, I ampleased to an-nounce thatwe are takingthe StrategicPlan on theroad. As we present the plan toSimon alumni in small-grouplunches and dinners, we are col-lecting feedback to helpstrengthen this plan. Our hopeis that this road map will lead usto new levels of success. I wel-come your continued feedback.

Meanwhile, I would like toupdate you on the progress wehave made at the Simon Schoolthis year.

AdmissionsWe are on target in terms ofboth the quantity and quality ofour newly admitted students.For example, full-time M.B.A.admissions for 2008 (includingthe January cohort) will exceedlast year’s figure by 20 percent.The quality of the class, as mea-sured by G.P.A. and G.M.A.T.scores, is the best in the School’shistory.

We are also bringing to theclass 40 students as part of ourEarly Leaders™ Award andScholarship Program. EarlyLeaders (0–3 years of workexperience) are recent collegegraduates who have the aptitudeand attitude for future success.This innovative program has re-ceived international media atten-tion. And we continue tostrengthen the pipeline with ourpartner colleges and universitiesto attract even more suchpromising students to Simon.

CurriculumThis fall, we implemented theFrame, Analyze and Communi-cate (F.A.Ct.) curriculum acrossthe various programs (see page18). With F.A.Ct., studentslearn how to approach any busi-ness problem using a commonframework. As part of this newcurriculum, we have introducedtwo new required courses,Framing and Analyzing BusinessProblems 1 and 2, and are ask-ing faculty to implement F.A.Ct.throughout their courses. Theywill be evaluated on the successof their efforts.

Faculty Recruitingand DevelopmentI am delighted to welcome fournew full-time faculty membersto our 10-year tenure-eligibleranks: Paulo Albuquerque,University of California–LosAngeles; Shane Heitzman,University of Arizona; VeraTilson, Case Western ReserveUniversity; and Amy Zang,Duke University.

Additionally, the Simon com-munity has welcomed a numberof accomplished alumni andfriends to the campus this yearincluding: Joe Mack, retiredC.E.O., Saatchi & Saatchi; EdHajim, B.S. ’58, chairman andC.E.O., MLH Capital L.L.C.;Rohtash Mal, C.E.O., BhartiTeleventures Ltd.; and MichaelC. Jensen, internationallyrenowned finance scholar andformer Simon School professor.

AdvancementWe are in the quiet phase of anew campaign, focusing onbuilding intellectual capital. We

are also on track to exceed our2005–2006 Annual Givinggoal of $800,000.

Some of the most notable re-cent gifts from fellow alumniand foundations include: JamesS. Gleason ’68* for studentscholarship support; theWilliam E. Simon Foundationfor student scholarship support;Colleen and John Anderson’80 to support alumni inter-viewing, student scholarships,and Early Leaders recruiting; afive-year commitment fromExcellus BlueCross BlueShieldin support of our Institute forHealth Care Management; anda charitable remainder trustcommitment from Suzanne andMarty Suter B.S. ’59 to sup-port our Part-Time M.B.A.Program.

And we continue to workhard to reach our goals as wecontinue to implement ourStrategic Plan. We will guideour course using the Univer-sity’s motto, Meliora, or “EverBetter.” And we will alwayskeep in mind the watchwordsof University President JoelSeligman—“Aim High.”

Mark ZupanDean

ALUMNI news Share Your News!If you have news you would like to share with fellow alumni,e-mail your personal and profes-sional updates to the Alumni Re-lations and Development Officeat [email protected] mail them to 2-217 Carol G.Simon Hall, University ofRochester, Box 270100,Rochester, N.Y. 14627-0100.

Dean’s Corner

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Regional Eventsand AlumniNetworksFor the most up-to-date list ofSimon alumni events taking placearound the globe, visit www.simon.rochester.edu/alumni/events.aspx.

For information from networksthat have Web pages, visitwww.simon.rochester.edu/alumni/regional_clubs.aspx.

If you have additional questionsabout events or networks, call theOffice of Alumni Relations andDevelopment at (585) 275-7563.

Join the Ranks! Be a Class Correspondent!

� Stay connected� Reconnect� Make new friends

The Office of Alumni Relations and Development is looking foralumni interested in becoming class correspondents for the “AlumniNews” section of Simon Business. Scribes will receive and organizepersonal and professional information about classmates for inclu-sion in the Class Notes and Mergers and Acquisitions sections ofthe magazine. Those interested should e-mail the Alumni Relationsand Development Office at [email protected].

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Alumni Overview of Services

Honor a ProfessorIn February 2005, the Honor a Professor Programwas introduced in the winter edition of SimonBusiness magazine, providing alumni the oppor-tunity to make donations in the names of Simonprofessors who had a significant impact on theirlives and/or careers. Requiring a minimum dona-tion of $250, 17 emeritus and current faculty, sixof whom were named more than once, were rec-ognized. The program realized more than$13,000 by the end of the fiscal year. An Honor aProfessor display is located in the walkway be-tween Schlegel and Gleason Halls.

If you wish to acknowledge a special Simonprofessor in your life, complete the reply enve-lope enclosed in this issue. An electronic versionis available at https://secure.simon.rochester.edu/outside2003/honor_professor.asp for directsubmission. For more information on this pro-gram, contact the Office of Alumni Relations andDevelopment at [email protected] or(585) 275-7563.

Everyone who completes a pro-gram at the Simon School be-comes part of the extendedSimon community, a strong anddeep connection in more waysthan just your diploma. To keepyou updated on our news, activ-ities and academic achievements,we need to know how to reachyou. The Alumni Relationspages of the Simon Web site fea-ture regional listings, publica-tion archives, job postings andan update form, along with in-formation about volunteer roles,donating or career networking.There are many ways for alumnito remain a vital, even if virtual,part of campus life.

Alumni Online Community:

• To access the alumni-onlyarea of our Web site, go towww.simon.rochester.edu/alumni/alumni_online_community.aspx

• Enter the lockword “zupan”and then click on the submitbutton.

Updating your contactinformation:

• Send e-mail updates [email protected],or call (585) 275-7563.

• Note that it can take time foryour record to update withinthe University’s system. If youdon’t find the changes in theonline database right away,we ask for your patience. If ina few weeks you think thereis a problem, please e-mail orcall us.

• Keep us apprised of develop-ments in your life and careerand watch for your ownnews, and that of your class-mates, to appear in theAlumni News section ofSimon Business magazine.

Send your news [email protected].

E-mail accounts:

• To set up the Simon Alumnie-mail forwarding service, no-tify the Simon IT departmentby sending a request [email protected].

• You can request that yourSimon address be [email protected], and then please indicatea valid e-mail address towhich you would like thataccount directed (e.g., yourwork or your personal e-mailaccount).

• E-mail for Life allows you tokeep the same Simon addressindefinitely, but the mail isforwarded to the e-mail ad-dress you designate. TheSimon e-mail account doesnot store mail, but forwardsit to your designated e-mailaddress.

Numbers to keep handy:

Admissions, Registrar andStudent Services(585) 275-3533

Alumni Relations andDevelopment(585) 275-7563

Career Management Center(585) 275-4881

Dean’s Office(585) 275-3316

Executive M.B.A. Program(585) 275-3439

Marketing and Communications(585) 275-3736

Management Library(585) 275-4482

Ph.D. Program(585) 275-2428

And Now, a Little ReminderAbout “Who You Are” in Latin

Alumnus = male graduate, singular

Alumna = female graduate, singular

Alumni = plural for group of male graduates; also used for plural mixed-gender group

Alumnae = plural for group of female graduates

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*Executive M.B.A. graduate

Mergers and acquisitions

1995Philip Pecora and his wife,Karin ’96, welcomed the arrivalof their daughter, Lilah Grace,on May 26, 2006. Philip ispresident and chief executiveofficer at Genesee RegionalBank in Rochester, N.Y.

1997Deepali Nangia and her hus-band, Mayur Patel, welcomedthe birth of their daughter,

Malaika, in May 2006. Thefamily lives in New York City.

1998 Daniel Chai and his wife,Kara-Anne Osselmann Chai,welcomed the arrival of theirthird son, Christoph Breitfeld

Osselmann Chai, on June 8,2006. Christoph joins brothersWilhelm, 4, and Rainer, 2.Daniel is associate director ofbusiness development atLECG L.L.C. in Cambridge,Mass.

Jeffrey Fagnan and his wife,Maureen Fallon, announcedthe arrival of their son,

Zachary Denali, on March 9,2006. Jeffrey is a partner atAtlas Venture in Waltham,Mass.

1999James Senall and his wife,Melissa, celebrated the arrivalof their daughter, Alyssa, onJune 12, 2006. Alyssa joinssiblings, Tyler, 5; Madeline, 4;and Talia, 3. James is manag-ing director of business devel-opment at Greater RochesterEnterprise in Rochester, N.Y.

Andrew Strauch* and his wife,Bonnie, announced the arrivalof their daughter, ElianaElizabeth, on July 17, 2006.

Andrew is director of productmanagement at PeakTechnologies in Columbia,Md.

2000

Deniz Tunca and his wife,Ipek, celebrated the arrival oftheir first child, daughter KayaDeniz, on April 15, 2006.Deniz is senior manager atCisco Systems, and Ipek isgroup marketing manager atMicrosoft Corporation in SanFrancisco, Calif.

VOL U N T EE R

Simon Admissions Is Coming to You

The Simon Admissions team is seeking alumnivolunteers to conduct admission interviews inthe following cities:

New York City January 20, 2007

San Francisco January 20, 2007

New Delhi January 25–26, 2007

Mumbai January 27–28, 2007

Shanghai February 2–3, 2007

Beijing February 4–5, 2007

This is a wonderful opportunity to reconnect withSimon alumni in your region, while at the sametime making a valuable contribution to the ad-missions selection process. These events aretypically held in ballrooms of well-known hotelsand follow this basic agenda:

10:30 a.m. Admission Interview Training

Noon Catered Lunch/Résumé Review

1:00–4:30 p.m. Candidate Interviews

To volunteer for these events, or to volunteer to conduct interviews on your own at a laterdate, please contact Jacqueline Thomas,associate director of admissions, [email protected].

Note: Dates are tentative and subject to confirmation.

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*Executive M.B.A. graduate

2001Doug Divine and his wife,Lan Nguyen, celebrated thebirth of their first child,daughter Lily Evelyn, on April

13, 2006. The family lives inWoodbridge, Va.

2002Scott McEwan Bryant and hiswife, Elizabeth Cohen Bryant’94, welcomed the arrival oftheir daughter, Deborah, onJune 17, 2006. Deborah joins

sisters, Ruth Evelyn andMadeline Sydney. Scott is a fi-nancial analyst at W. R. HoffAsset Management, andElizabeth works at BulkleyDunton in Short Hills, N.J.

Hans Labeeuw* and his wife,Tamara, were married on May7, 2004, and celebrated the

birth of their daughter,Margaux, on March 28, 2005.Hans is an assistant chieffinancial officer at BCComponents International inBelgium.

2003Kevin Teborek and his wife,Carrie, were married on July

1, 2006, at the Bitter EndYacht Club in Virgin Gorda,V.I. Kevin is a senior specialistat Merrill Lynch Capital inChicago, Ill.

Daniel Vermilyea and his wifewelcomed the arrival of theirdaughters, Kate Danielle andKelsey Grace, on November

17, 2005. Daniel is programimplementation manager atExcellus BlueCross BlueShieldin Rochester, N.Y.

2004Samuel Coronado and hiswife, Jennifer, welcomed thebirth of their son, MatthewRobert, on January 25, 2006.Matthew joins sister, Emily, 2.Samuel is assistant director ofresource development at theMcCombs School of Businessat the University of Texas inAustin, Tex.

Evelyn Fleider Ehrlich andher husband, David, cele-brated the birth of their son,Ethan, in March 2005. Evelyn

is an assistant brand managerat Procter & Gamble inCincinnati, Ohio.

Christoph Egger Halbeis andhis wife, Regula, announcedthe birth of their son, FelixSebastian, on March 25,2006. Christoph works forStanford Medical Center inStanford, Calif.

Stephanie Hogue and SethMartin ’05 were married inCincinnati, Ohio, on May 6,

2006. Seth is an associate forUBS in Stamford, Conn., andStephanie is a senior associateat Deloitte & Touche in NewYork City.

Hiroto Ooka and his wife,Junko, announced the birth oftheir second son, Haruki, inOctober 2005. Hiroto joinedBitway Company in Tokyo,Japan as general manager ofcorporate management.

Roberto Vazquez and his wife,Maria, welcomed the arrival oftheir daughter, Sophia, in

November 2005. Roberto is abusiness consultant at Aetnain Hartford, Conn.

Benjamin Wise and his wife,Juli, welcomed the birth oftheir daughter, ElianaCaroline, on June 24, 2006.Benjamin is a distribution net-work analyst at Wegmans FoodMarkets Inc. in Rochester,N.Y.

2005Philipp Merkt* and his wifeannounced the arrival of theirson, Mattia, on July 10, 2006.Philipp is assistant to the headof marketing at Credit SuisseFirst Boston in Solothurn,Switzerland.

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Class notes

1983William Hartman* was ap-pointed chief executive officerof The MicromanipulatorCompany in Carson City, Nev.

1984Tomlinson Rauscher* joinedZetera Corporation as vicepresident of engineering inIrvine, Calif.

1988Class Correspondent: Jeff Durbin,[email protected]

Eric Leavitt was appointed tothe board of directors of ZionsFirst National Bank in SaltLake City, Utah.

1989Shane Coppola was appointedto the board of directors ofGlobal Traffic Network Inc. inNew York City.

Lynn Kachurak is sales opera-tions manager for Johnson &Johnson in Rochester, N.Y.

Benjamin Seto is vice presi-dent of financial planning andanalysis at AES Corporation inArlington, Va.

1991David Arvan is director offorecasting at AstraZeneca inWilmington, Del.

Michael Monteith is theowner of Strategic EstimatingSystems in Sugar Land, Tex.

To submit a class note, send ane-mail to the Alumni Relationsand Development Office [email protected] or,where indicated, contact yourClass Correspondent. For a com-plete listing of Class Correspon-dents, contact John-PaulRoczniak at [email protected].

1974Steven Lazarus was awardedthe H.I.M.S.S. 2005 Book ofthe Year Award as co-author ofElectronic Health Records:Transforming Your MedicalPractice.

1977David Anderson is senior vicepresident of administrationand general counsel atSAFRAN USA Inc. in DesPlaines, Ill.

1978James Wesp is senior vicepresident of acute care serviceat Renaissance Hospital inCharlestown, Ind.

1980Kyosti Anttonen is presidentof Startrail Ltd. in Parikkala,Finland.

1981Robert Behl* is chief executiveofficer at Percutaneous SystemsInc. in Mountain View, Calif.

1982Class Correspondent: SameerShah, [email protected]

ith a daughterin kinder-

garten, Gary P. Johnson ’83decided it was time to make abetter living. The flexibilityand reputation of the SimonSchool gave him that opportu-nity.

“At the time, I didn’t knowmuch about the program otherthan its emphasis on quantita-tive analysis,” says Gary, “butthe School was about to switchto a quarter system, which al-lowed me to finish up sooner.”

Although he had intendedto concentrate in OperationsResearch, Finance courses withProfessor G. William Schwertand former Simon ProfessorRene Stulz convinced him tochange. “Professor Stulz’sFrench-Swiss accent keptthings lively,” recalls Gary, “es-pecially when ‘risky assets’ be-came ‘whiskey assets.’ ”

Gary’s first assignment wasanalyzing options on bondfutures for Mellon Bank’sCapital Markets department.“It got me started in risk anal-

Alumni Leader ProfileGary P. Johnson ’83

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ysis, which became my area ofexpertise,” he says. “A SimonM.B.A. made my career in fi-nance possible, and the closecontact with the faculty was areal asset.”

Gary left investment man-agement in 1999, and now vol-unteers in efforts to save openspace in southern Massa-chusetts and preserve Maine’sBuzzards Bay. He also spendssummers in Norway, where heenjoys photography, riding hisbike, woodworking, fishingand rigging a Norwegian row-boat for sailing. SB

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*Executive M.B.A. graduate

1992Class Correspondent: Eric Suitos,[email protected]

MaureenRutecki, asenior valua-tions analystat EFP Groupin Rochester,N.Y., earnedan accredited senior appraiserdesignation from the Ameri-can Society of Appraisers.

1993Robert Bernstein is vice presi-dent and chief information of-ficer at Newland Communitiesin San Diego, Calif.

Kari Bittner is director ofstrategic marketing of VoltDelta Resources L.L.C. inRochester, N.Y.

Steven Bussey is head ofAmerica’s fixed income primebrokerage sales at MerrillLynch in New York City.

Gloria Jeffers is a senior mar-keting manager at J. P.Morgan Chase & Co. inWilmington, Del.

Jeffrey Markin* was ap-pointed chief operating officerof VirtualScopics Inc. inRochester, N.Y.

Thomas Marten is deputy di-rector, Gamunex U.S. market,at Telecris Biotherapeutics inResearch Triangle Park, N.C.

Kristy Swistak is director ofworldwide learning and devel-opment at Ortho-ClinicalDiagnostics in Rochester, N.Y.

1994Class Correspondent: Andrew Marein,Andres.Marein@mx .smurfitgroup.com

Brian Archibald is chief oper-ating officer of Lexicon in LosAngeles, Calif.

Maxime Elbaz* joinedEarthData International Inc.in Frederick, Md., as chiefoperating officer.

DeWayne Wilcher joinedLigand Pharmaceuticals inBaltimore, Md., as an oncol-ogy specialist.

1995Hakan Akbas joined Docu-ment Sciences Corporation inCarlsbad, Calif., as chief mar-keting officer.

Takeshi Hattori is a seniorconsultant at Nomura ResearchInstitute in Tokyo, Japan.

Christoph Rommel is manag-ing director of Symeo GmbHin Munich, Germany.

1996Michael Folkerts is vice presi-dent of product category oper-ations at Brunswick BoatGroup in Maryville, Tenn.

hen JohnMacDonald ’86

decided to move from engi-neering into finance, he lookedto the Simon School to getthere. In fact, the reputationand flexibility of the Part-TimeM.B.A. Program were decidingfactors in his move toRochester.

“An M.B.A. is essentially aprerequisite for investmentbanking associate programs,”says John. After spending afew years in engineering atEastman Kodak Company, hefound the part-time option agood fit.

Coming from a career thatdemanded linear thought, heneeded training in looking atbroader, more abstract issues.“[Former Simon] ProfessorGeorge McIsaac taught mehow to examine business prob-lems, and Professor PhilipLederer gave me tools to man-age difficult people,” notesJohn—“both skills I would usein my future career.”

After receiving his M.B.A.,John spent 15 years on WallStreet with various bulge-

Alumni Leader ProfileJohn MacDonald ’86

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bracket investment banks andas managing director atLehman Brothers. Now, as apartner at Updata Capital, hemaintains relationships withcompanies in the softwareand IT services market andassists clients with complexmerger and acquisition trans-actions.

John spends the little freetime he has with his wife,Carolyn, and their two chil-dren, enjoying outdoor activi-ties such as skiing and golf-ing. He’s currently readingThe World Is Flat, by ThomasFriedman. SB

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Class notes

Daniel Gisser is director ofstrategic business intelligenceat Eaton Corporation inCleveland, Ohio.

1997Jennifer Bacci is director ofmarketing at Hillside Family ofAgencies in Rochester, N.Y.

Jason Bribitzer-Stull is market-ing project manager at WellsFargo Bank in Minneapolis,Minn.

Peter Gregory joinedRautMedia Inc. as chief oper-ating officer and in NorthBrunswick, N.J., vice presidentof business development.

Glenn Kennel* joinedLaserPacific MediaCorporation in Los Angeles,Calif., as vice president andgeneral manager of motionpicture services.

Theresa Stockdale joinedPoretta & Orr in Doylestown,Pa., as a business developmentsales associate.

1998Barry Hutton is vice presidentof Ashton Partners in SanFrancisco, Calif.

Barrett Katz* was appointedexecutive vice president andchief medical officer of FoveaPharmaceuticals in New YorkCity.

Derek Schaffner is a managingdirector at Diligence L.L.C. inWashington, D.C.

1999 Class Correspondent: Sarah Plasky-Sachdev,*[email protected]

Brian Ayash joined Alvarez &Marsal in London, England asdirector.

Joseph Giglio is president ofNCO Inc. in Denver, Colo.

Louise McDonald* is groupvice president and managingdirector of Europe, MiddleEast and Africa at Welch AllynInc. in Dublin, Ireland.

Drew Mullin joined FibertechNetworks in Rochester, N.Y.,as director of product manage-ment.

Gustavo Vallejo is director ofsales and marketing for LatinAmerican operations atCaterpillar Inc. in San José,Costa Rica.

Thomas Vereijken* is managerof external relations at PaquesB.V. in Balk, The Netherlands.

2000Marin Atov is managing direc-tor of SAMEX in Sofia,Bulgaria.

Tim Attwood is director ofAsian sales and operations atVisual Numerics in Tokyo,Japan.

Joseph Dallimore is marketingdirector of MarketStar Corp.in Ogden, Utah.

s general man-ager of desktopand client soft-

ware for Eastman KodakCompany’s EasyShare digitalimaging software, Gail Evans’94* has learned how impor-tant a marriage of technicaland business skills can be.

“Before I got my M.B.A., Iknew a lot about technologybut very little about business,”notes Gail. “So, getting a busi-ness education gave me a com-petitive edge.”

Gail credits the dedicationand expertise of her Simon pro-fessors with helping her thinkmore broadly about business is-sues. “I learned how to use harddata to make business decisionsand how to build successfulteams,” she says. She also be-lieves that contact with interna-tional students was instrumen-tal in reaching beyond herboundaries.

Gail is currently reading See-ing What’s Next: Using Theories

Alumni Leader ProfileGail Evans ’94*

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of Innovation to Predict IndustryChange, by Christensen, Rothand Anthony. “It helps me tounderstand that we don’t needincremental changes,” she says.“Rather, we should be lookingfor the next ‘game changer’product, such as the iPod®,and learn how to recognizesuch opportunities.”

Gail enjoys church andcommunity activities, garden-ing and appreciating the spiri-tual aspects of nature. SB

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45*Executive M.B.A. graduate

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Christopher Helton is seniorproject manager at ACMMedical Laboratory inRochester, N.Y.

Akiko Inubushi-Molessa is se-nior e-publisher at NovartisPharmaceuticals Corp. in EastHanover, N.J.

Amanda Kish is a risk man-agement analyst at Manning& Napier Advisors Inc. inRochester, N.Y.

Heather Pelosi is associateclient manager at ACNielsenCorporation in Paramus, N.J.

Masatomo Zaizen is directorof Strategic Value PartnersJapan L.L.C. in Tokyo, Japan.

2001 Robert Kamins is a vice presi-dent at Morgan Stanley DeanWitter in New York City.

Asif Khan joined WachoviaSecurities in New York City asmanaging director.

Alan Xiang Ni is chief riskofficer at General Electric inJarkarta, Indonesia.

Slobodanka Novakovic is di-rector of energy and resourcesat ABN AMRO in London,England.

Josh Weinstein is senior mar-keting manager of frozenfoods at Birds Eye Foods Inc.in Rochester, N.Y.

2002Class Correspondent: Douglas Witter,[email protected]

Luis Llontop Barahona is abusiness valuation analyst atWalter C. King Associates P.C.in Westport, Conn.

Javier Bautista is a director atTime Warner Cable inStamford, Conn.

Federico Fascetto joinedAbbott Laboratories in BuenosAires, Argentina as immun-ology sales and marketingmanager.

Martha Galvan is risk man-ager at Citigroup in New YorkCity.

Prasad Kancharla is directorof South Management inMumbai, India.

Christopher Liucci* joinedGenesee & Wyoming Inc. inGreenwich, Conn., as chiefaccounting officer and globalcontroller.

Hunaid Lookman is managerof global business analysis atGeneral Electric Healthcare inWaukesha, Wis.

Scott Markowitz is assistantvice president of The Bank ofNew York Co. in Tokyo,Japan.

Carlos Sanchez was promotedto vice president of sales for

tefan Bodenstab’01* has spent 15

years with Nestlé,where his group is responsiblefor creating innovative prod-ucts and technologies that willkeep the company competitiveand sustain its worldwidegrowth. Currently, Stefan is di-rector of research and develop-ment at the Nestlé ProductTechnology Centre inKonolfingen, Switzerland.

Although most of us equateNestlé with chocolate, theProduct Technology Centre de-velops manufacturing pro-cesses, packaging and engineer-ing enhancements forshelf-stable products such aspowdered milks, dietetic spe-cialties and infant and clinicalnutrition products.

Stefan began at the ProductTechnology Research Centre in1991, where he completed thepractical part of his Ph.D. be-fore finishing his doctorate atTechnical University inMunich, Germany. Attractedby the finance and managerialexpertise offered at Simon,Stefan jumped at the chance tocomplete his M.B.A. throughNestlé’s sponsorship program.

“The Rochester-BernExecutive M.B.A. Program [inBern, Switzerland] greatly en-

Alumni Leader ProfileStefan Bodenstab ’01*

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hanced my skills in financeand organizational architec-ture,” notes Stefan. He foundgreat value in the corporatestrategy coursework taught by[University of Bern] ProfessorFilip Caldries.

Halfway through the Simonprogram, Nestlé assignedStefan to a competitive marketresearch initiative. In subse-quent assignments as a factorymanager and logistics managerin Egypt, Stefan credits pro-ject valuation (CAPEX) andorganizational theory as thetwo skills he learned at Simonthat helped him most.

Stefan enjoys spending timewith his family and getting ina round of golf whenever hecan. SB

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the Americas at REDCOMLaboratories Inc. in Victor,N.Y.

Marcos Tapia is an infrastruc-ture economist at The WorldBank Group in La Paz,Bolivia.

Douglas Witter is a seniorspecial counsel in the rule in-terpretation and member edu-cation division of the NewYork Stock Exchange in NewYork City.

2003Class Correspondent: Justin Bownds,*[email protected]

Matthew Barrett is a financemanager of American Expressin New York City.

Aart Den Hartog* is manag-ing director of ING Bank Asiain Singapore.

Xiaofeng Guan is a vice presi-dent at Deutsche Bank in NewYork City.

Bryan McAllister joinedChubb Group of InsuranceCompanies as a pricing man-ager in Warren, N.J.

Lawrence Surace* is generalmanager of European opera-tions at Sensis Health andMedical in Den Haag, theNetherlands.

2004Class Correspondent: KarenWalker, [email protected]

Jasmin Attia* is a senior man-ager for Office Depot in PalmBeach Gardens, Fla.

Kevin Brillhart joinedWachovia Securities in thecapital markets originationgroup in New York City.

Alberto Carreno is an associ-ate at Credit Suisse inHouston, Tex.

Debra Maddow is associatedirector of development at theUniversity of Rochester inRochester, N.Y.

Blaine Streisand is brandmanager of consumer pack-aged goods at ReckittBenckiser Inc. in Parsippany,N.J.

2005Class Correspondent: Rameet Kohli,[email protected]

Christine Banker is the tradetrial manager of health care in-formation systems at EastmanKodak Company in Rochester,N.Y.

Jonathan Lin is a manager atAmerican Express in New YorkCity.

Vasilios Mihalitsas* is a lossprevention consultant atLiberty Mutual Group inRoseland, N.J.

Lucia Perez* is a productmanager at Xerox Corporationin Rochester, N.Y.

Class notes

ory Fasold ’05 andLyndie Siff ’05 each

found that a SimonM.B.A. was key to building asolid future. Cory is an acquisi-tion finance associate at Bear,Stearns & Co., and Lyndie is ahuman resources managementassociate at Citigroup.

“Professor Cliff Smith’sFinance coursework gave mean outstanding theoreticalgrounding about the effects ofvarious corporate financial pol-icy decisions,” notes Cory.“Plus, I learned from ProfessorCharles I. Plosser how mone-tary and fiscal policies affecteconomic growth.” Withouthis M.B.A., Cory believes henever would have been able toobtain his current positionwith a top-tier investmentbank like Bear, Stearns.

Lyndie is enrolled in a two-year rotation program at Citi-group, where she takes on vari-ous roles to learn about thecompany and develop leader-ship skills. She values Simon’semphasis on teamwork for help-ing her learn how to work withpeople of diverse backgrounds,experiences and beliefs.

Alumni Leader ProfileCory Fasold ’05 and Lyndie Siff ’05

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Both Cory and Lyndie ben-efited from the small size ofSimon and the close relation-ships they fostered with stu-dents and faculty alike. “I hadthe opportunity to take onleadership roles,” says Lyndie,“and use best practices fromthe teams I worked on atSimon.”

Cory and Lyndie have spenttheir leisure time planningtheir October 2006 weddingand visiting with nearby ex-tended family. “I do miss play-ing golf in Rochester,” saysCory, an activity he hasn’t hadtime for since moving to NewYork City. SB

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*Executive M.B.A. graduate

Elisabeth Schoch* joinedFredy’s Backwaren A.G. inBaden, Switzerland as a salesand marketing manager andmember of the managementboard.

2006Yuliya Akselrod is a strategyassociate at PepsiCo inChicago, Ill.

Scot Anderson is a leadershipassociate at UnitedTechnologies Corporation inFarmington, Conn.

Volkan Bagci is a productionsupport analyst atCountrywide FinancialCorporation in ThousandOaks, Calif.

Danielle Beyer is a corporateassociate at National CityCorporation in Cleveland,Ohio.

Lara Chamberlain is a rela-tionship manager at M&TBank in Lockport, N.Y.

Zhanglan Cheng is a financialrisk management associate atBarclays Capital in New YorkCity.

Tayeb Fanaswala is an execu-tive associate at M&T Bank inAmherst, N.Y.

Alejandro Gaba is a quantita-tive research analyst at StateStreet Global Advisors inBoston, Mass.

Mihaela Giurca is a healtheconomics specialist atJohnson & Johnson inBucharest, Romania.

Hans Horn is a product man-agement associate at VerizonWireless in Ellicott City, Md.

Jill Eysaman Michel is man-ager of business planning atFresenius Medical Care in BadHomburg, Germany.

Jong Ah Min is manager ofglobal business at SK Telecomin Seoul, South Korea.

Saiprakash Nadar is a seniorassociate at KPMG in NewYork City.

Greg Osier is a staff auditor atPricewaterhouseCoopers inArlington, Va.

ShannonOzkum waspromoted tointernal auditmanager atBirds EyeFoods Inc. inRochester, NY.

Yijun Pan is a financial man-agement associate at McNeilConsumer Healthcare in BlueBell, Pa.

Liz Perkins is an associatebrand manager at CampbellSoup Company inPhiladelphia, Pa.

Gift of aLifetimeThe Philip T. Meyers Society honors donors who have

included the School in their estate plans. Be a part of the

Simon School’s tomorrow through your planned gift

today. Types of gifts include:

� Gifts of assets

� Gifts by will

� Life-income gifts

� Gifts of retirement plan benefits

� Gifts of life insurance

For more information on these and other forms ofplanned giving, contact:

John-Paul Roczniak Executive Director of Alumni Relations and Development

(585) 273-1756 or

[email protected] or

Visit the related Web site atwww.simon.rochester.edu/alumni/ planned_giving.aspx

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IN MEMORIAM

1985Beth Fahy passed away on June 4, 2006, from complicationsof lung cancer. She worked as a project manager at XeroxCorporation in Rochester, N.Y.

*Executive M.B.A. graduate

Brett Rawlings is an executiveassociate of commercial bank-ing at M&T Bank inRochester, N.Y.

Rob Reinerman is an associatebrand manager at Procter &Gamble in Cincinnati, Ohio.

Jennifer Reitz is a financial an-alyst at Xerox Corporation inRochester, N.Y.

Matt Rice is a senior businessanalyst at Constellation Brandsin Rochester, N.Y.

Rishi Salwan is an associateanalyst at Moody’s InvestorsService in New York City.

Kenji Shundo is an associate atDeutsche Bank in Tokyo,Japan.

Scott Stewart is a financial an-alyst at Intel in San Francisco,Calif.

Jack Voorhees is an analyst atBNP Paribas in New YorkCity.

Meredith Wilf joined AnnTaylor in New York City as arisk management associate.

Martin Winkelmann* is a se-nior consultant at Comit A.G.in Zurich, Switzerland.

Tao Zhang joined J. P.Morgan Chase & Co. in NewYork City as a senior financialassociate.

Visit the “Simon School Virtual Store”www.simon.rochester.edu/virtualstore

We carry over 25 Simon branded products! You will find Nike golf umbrellas, polo shirts, clocks and more!

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Simply go to the Web site, www.simon.rochester.edu/virtualstore, indicate which product(s) you want, and order through the secure server.

You can also fax your order to: (585) 383-8417. Items will be shipped within 48 hours! International delivery is also available.

Fall06 1/2/07 2:52 PM Page 48

Please allow up to5 days for delivery.

International order (3 weeks)Shipping to be quoted.

SizeItem #* Item Description Qty. Priceper unit

TotalCost

Order Total

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TOTAL AMOUNT DUE

Please print clearly in black or blue ink.

Mail to: Simon School Virtual Storec/o Cooley Group, Inc.806 Linden Ave., Suite 500Rochester, New York 14625

Fax to: (585) 383-8417Outside United States (011)-(585) 383-8417

All sizes listed are Adult sizes.Since items are embroideredor silk screened there are noreturns or exchanges. Pleasesize your wearables accordingly.

Order Processing Fee $6.75

Simon School of Business Virtual StoreORDER FORM

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$6.75

Payment Method: ❑ Visa ❑ MC ❑ AE ❑ Discover ❑ Money Order

Credit Card Orders:

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$1.00 to $30.00 $5.00

$31.00 to $75.00 $8.00

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over $150.00 NoCharge

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Change Service Requested

William E. Simon Graduate School of Business Administration

Rochester, New York 14627

We are proud to be a leader in the development of innovative and effective off-campus recruitingprograms. For over 25 years, we have hosted a successful recruiting event in New York City, and haverecently expanded to two events in that city. In 2005, we added Boston, Mass., to the list of citieswhere we host off-campus events, and are exploring additional venues.

2006–2007The Simon Graduate School of Business spearheaded the first regionalM.B.A. recruiting event over 25 years ago.

Off-campusrecruiting eventsin New York Cityand Boston, Mass.

Dates for off-campus recruiting in 2006–2007:

In a New York Minute (N.Y.M.)

New York Recruiting Program (N.Y.R.P.)

Friday, January 19, 2007Doubletree Guest Suites, Times Square

Boston Recruiting Connection (B.R.C.)

Friday, February 16, 2007Sheraton Boston Hotel, Back Bay

Schedule for all events:

7:00–9:00 a.m. Continental Breakfast8:30 a.m.–4:30 p.m. Interviewing ProgramNoon–1:00 p.m. Recruiter Luncheon

SIMON IN THE CITY WWW.SIMON.ROCHESTER.EDU

To learn more about or register

for these events, contact:

Laura Mills-Lewis

Director of Corporate Relations

Career Management Center

Simon Graduate School of Business

University of Rochester

(585) 275-3648

[email protected]

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