TDr. Keith Womer

S p r i n g / S u m m e r 2 0 0 9

This spring we were pleased to announce a major gift of $2.5 million from Anheuser-Busch InBev to name Anheuser

Busch Hall, a home for the College of Business Administration. This is the largest gift ever for the College and we are

thankful for this wonderful start to the quiet phase of our capital campaign.

The UMSL College of Business Administration has educated business professionals of St Louis for more than 40 years.

More than seventy percent of our graduates live and work in St Louis, more than any other university. Many of our

alumni would not have been able to attend college without the affordable option of UMSL.

In the past four years CBA enrollment has increased more than 10 percent and our number of graduates has increased

by over 15 percent. Graduate degrees have shot up 50 percent. Our faculty and our facilities operate at capacity.

Substantially increasing the College’s involvement with the St. Louis business community will require us to add to

our capacity. This home for the College of Business Administration will allow us to continue this mission for many years

to come. Our faculty, staff and students and the St. Louis community thank Anheuser-Busch InBev for this lead gift that

will transform the lives of our students and the workforce of St. Louis.

Our vision of a bright new home for the business school that will bring us all—students, faculty and business—together

is now closer to becoming a reality. We see a signature building that significantly enhances UMSL’s North Campus—

a building as fine as the faculty, staff, and students that it nurtures. With such a facility, for the first time all of the areas

of business, the outreach centers and the classes will be in one place. It will serve as the home for our students where

they can study, interact and reflect between classes in an environment close to the faculty and advisors. It will serve as

the destination for professional education and business representatives to work cooperatively to close critical skill gaps.

Message from the Dean

College of Business Administration Un i v e r s i t y o f M i s s o u r i - S t . L o u i s

2 CBA In Brief

4 CBA Focus

7 Alumni News

Continued

Dr. Keith Womer, Dean

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CBA in BriefDid YouKnow…

� The Student Investment Trust won $10,000from the St. Louis Collegiate InvestmentChallenge.

� Professors Marius Janson, Don Kummer and Ken Locke retired at the end of the semester.

� The College is offering Xtreme IT, a summeracademy for high school students interested in careers in information systems.

� The Logistics and Operations Managementarea was recognized by The Princeton Reviewas one of the 15 graduate schools of businessnamed to the Review’s “Student OpinionHonors for Schools” in the category ofOperations Management.

� Dr. Rajiv Sabherwal, Emery C. Turner Professor of Information Systems, has been selected to serve as the Fulbright Visiting Chair in Management of KnowledgeBased Enterprises at Queen’s University for the 2009-2010 academic year.

� Alumni Myles Kelly, Charles Hoffman and William Stollhans received The Salute to Business Award at the recent Alumni Weekend.

Chancellor Thomas George, David Peacock, president and chief executive officer of Anheuser-BuschCompanies, Inc., and Dean Keith Womer pose with a ceremonial large check after Peacockannounced the donation of $2.5 million to the College.

Pictured (l to r): UMSL College of Business Administration, Dean Keith Womer; alumnus Peter Schick (BSBA 1974), chairman of the Moneta Group; and UMSL Chancellor Thomas George.

A major gift for a building always results in a number of questions about when we will be able

to move in. In this case, the project is not yet “shovel ready.” We have engaged the team of

Hastings and Chivetta and Robert Stern as architectural advisors for the project. So we are

on our way. There remains a great deal of work to do—much of it fundraising. The University

and the College have been hard at work organizing the effort. Martin Leifeld has been very

active as Vice Chancellor of University Advancement. He is assisted by Mark Berlyn, Director

of University Campaigns and Lily A. Berlyn, Senior Director of Development for Colleges

and Academic Units. In the College our new development officers are Stephen Knapp and

Elizabeth Kurila. Associate Dean Emeritus David Ganz will coordinate alumni affairs for

the College.

dean’s letter continued

Alumnus Peter G. Schick to Establish Professorship >>UMSL alumnus Peter G. Schick has pledged $1.7 million to establish an endowed professor-

ship in finance in the College of Business Administration. The endowment will be known

as the Peter G. Schick Professorship in Finance. Schick, chairman of the Moneta Group,

is a 1974 graduate of UMSL. He credits the university with his success and said he’s eager

to give back.

“UMSL made a difference in my life”, he said. It prepared me to move into the business

world and helped me become who I am today. I’m very grateful. That is why my wife,

Maria, and I decided to establish this professorship. Our hope is that it will add to an

already outstanding college and help prepare future generation for success.”

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www.umsl.edu/business

update

Real World Learning ExperienceDuring the fall semester, undergraduate students in the marketingclass, Management of Promotion, developed Integrated MarketingCommunications (IMC) plans for five (5) local businesses. The busi-nesses participating in this project were the St. Louis Blues, StudioLadue Photography, DIY Style (an Internet fashion design compa-ny), Candy Bouquet, and Pieper’s Unfinished Furniture.

Working in groups, student teams selected one of the five business-es to research and evaluate its marketing and promotional plan.They then developed communication strategies utilizing advertising,direct marketing, Internet marketing, sales promotion, public relations, publicity, and personal selling in the promotional mix.

Four (4) teams worked on the St. Louis Blues’ IMC plan. They were tasked with developing and implementing a marketing commu-nications plan to promote “UMSL Student Night at the Blues.”Their success in exceeding the Blues goals for this promotionearned the entire class free tickets and access to a Penthouse suitethat included free food and beverages for the game on December16th between the St. Louis Blues and the Calgary Flames.

The students and companies participating in this project found itvery rewarding. Students connected the real world to their class-room learning experience and companies received new ideas foradvertising and promoting their business.

Pictured from left to right, St. Louis Blues Project winners: Brett Regan,Anthony Jordan, Patrick Keeley, Jeffrey Thone, Brett Jones, Nicole Gegg,Michelle Chambers and instructor, Alan Hauff.

S E R I E S

John Bachmann and Jack Stack, president and CEO of SRC answering questionsfrom the standing room only crowd at the Bachmann Book Series.

On Thursday, October 30, 2008 the College of Business Administration, in conjunction with the Executive Leadership Institute, hosted the secondBachmann Book Series to a standing room only crowd. The book series, featuring John Bachmann, senior partner at Edward Jones and an executive fellow at the Executive Leadership Institute, is a symposium of academicand business leaders discussing timely topics in business.

For the second book, Bachmann interviewed Jack Stack, president and CEO of SRC in Springfield, Mo, and author of The Great Game of Busi-ness, selected as one of the 30 best business books of the year by SoundviewExecutive Book Summaries.

Stack revived his dying company using “open book management” a businesspractice he originated that shares financial and decision making dutiesamong all employees. A book signing and reception followed the program.

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Center for Transportation Studies

The field of Logistics and Supply Chain Management is a growing and exciting area of business study and research as new technologies and transportation systems make manag-ing global logistics systems and supply chains more important than ever. A supply chain consists of all parties involved, directly or indirectly, in fulfilling a customer request. It includes the manufacturer and supplier as well as the trans-porters, warehouses, retailers, and customers. Supply chain management consists of both the art and science that is applied to improve the way a company implements this process. As of 2007, the cost of logistics in the U.S. was $1.4 trillion. Managing logistics and supply chains in today’s complex global environment is very costly and more impor-tant than ever.

In 2000, the College of Business Administration created The Center for Transportation Studies to provide research opportunities for faculty and students, and to help firms

learn about the logistics and implementation of modern supplychain software and technology. The Center is an interdiscipli-nary research center which bridges contemporary and historicalaspects of transportation, logistics and supply chain manage-ment. During the 9 years since its inception, the Center has generated over $1.5 million in grants and endowments relatedto transportation and lo gistics industries. Dean Keith Womernoted, “the Center’s innovative programs and research capabili-ties attract gifted students. The faculty who are associated withthe Center are the world’s experts in their fields.”

In addition to the research focus, academic program develop-ment within the Center has also been a major focus. Thru theefforts of the Center, the College offers a Graduate Certificate in Supply Chain Management, a concentration in Logistics and Supply Chain Management in both the MBA and PhD inBusiness programs, and a minor in Transportation Studies at theundergraduate level. Dr. Ray Mundy, the Center’s Director and

Center for Transportation Studies

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Above: Professors Doug Smith, Bob Nauss and James Campbellwith Matthew Doughty, a 2004 MBA and Logistics and SupplyChain certificate graduate at the Mississippi River Lock & Dam 25 near Winfield, MO.

Above left: Michael Sciaroni and Aysin Koparan, studentresearch assistants in the Center

CBA Focus

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the John W. Barriger III Endowed Professor of Transportation and Logistics, describes the Center as “coming of age.”

The center is supported through endowments created by the St. Louis Mercan-tile Library and the John W. Barriger III National Railroad Library. Thru part-nerships and research projects, graduate students receive assistantships and assistthrough the use of analytical tools and industry software packages. Students obtainvaluable experience in applying computer and analytical problem solving tech-niques to real-world situations. Over 25 students have graduated from UMSL having had the chance to work on projects with the Center and have gone on to further academic interests or jobs in the logistics area.

The Center’s staff reflects the interdisciplinary nature of the Center. Ray Mundy,the director, has a PhD in Transportation and Logistics and is a Professor in theCollege of Business administration. Mundy recently completed a comprehensivestudy on the taxicab business in Winnipeg, Manitoba, Canada. Mundy has con-ducted similar taxicab studies for several other cities, including Miami, Denver and Salt Lake City.

The Associate Director for the Center is Donald Sweeney. He has a PhD inEconomics and work experience of over 25 years with the U.S. Army Corps of Engineers in transportation planning. He is nationally recognized as an expert in the economics of water transportation. Sweeny teaches courses inTransportation Economics and Strategic Modeling and works very closely with the research assistants.

The Assistant Director for the Center is Daniel Rust, who holds a PhD in U.S. History with a specialty in Transportation History. His first book, Flying Across America, traces the evolution of commercial air travel and was pub-lished in February. It was Rust’s involvement with the Center that led to the Minor in Transportation at the undergraduate level which is available to any undergraduate student at UMSL. The multidisciplinary aspect of the Center makes it very unique.

While conducting traditional transportation research projects, the Center is increasingly focusing on partnerships which support the development ofimproved supply chains. The Center has an ongoing supply chain optimizationproject for ICL Performance Products, Ltd., headquartered in St. Louis. ICLPerformance Products is a customer-focused supplier of phosphorus chemicals,phosphoric acid, and phosphate salts which are found in everything from bakedgoods and beverages to cleaning products and water treatment. The Center haspartnered with ICL in mapping existing production flows, modeling operations and conducting analyses of operations which can be used for future improvements.

Two students who have been working as research assistants on the ICL project are Michael Sciaroni and Aysin Koparan. Michael is pursuing a PhD in Businesswith an emphasis in Logistics and Supply Chain Management, and is currently completing his last semester of course-work. Aysin is completing her MBA with an emphasis in LSCM and has recently accepted a position with Boeing. Bothexpressed the value of taking classes to learn how the commercial software worksand then being able to apply it in a real world setting. In the classroom the con-cept behind the software is learned and then, with their involvement with theCenter, they are able to experience a real life project and learn how to extractinformation from the company to solve the network problems. Michael says “working at the Center has allowed me to combine classroom instruction with real-world applications, and to gain a deeper understanding of how academicsinform business practice.” Aysin also noted “the networking opportunities I’ve been exposed to by attending lectures, meetings and conferences have been a valuable part of working with the Center.”

The Logistics and Operations Management area was recently recognized by the latest survey from The Princeton Review. The College is one of 15 graduate schools of business named to The Princeton Review’s “StudentOpinion Honors for Business Schools” in the category of OperationsManagement appearing in the April 2009 issue of Entrepreneur.

The College is extremely proud both of the research that has been con-ducted by the faculty and students involved with the Center, the studentresearch assistants and the programs in logistics and supply chains that have been developed. The work of the Center has resulted in growth, diversity and recognition for both the Center and College. We look forward to continuing progress in the coming years.

Dr. Ray Mundy, director,Center for Transportation Studies

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Michael J. CostelloAssistant Teaching Professor of Legal Studies

M.A. International and Comparative Law, Vrije Universeit Brussel, Brussels, Belgium, 1979

J.D. St. Louis University, St. Louis, MO 1977

Industry Experience: Founding partner of Agreeco, LLC; corporate secretary and general counsel for AgribrandsInternational, Inc.; inter-national counsel for Monsanto Company and Ralston Purina Company and CommercialArbitrator for American Arbitration Association.

Haitao LiAssistant Professor of Logistics and Operations Management

Ph.D. Production and Operations Management, University of Mississippi, Oxford, MS, 2005

M.A. Economics, University ofMississippi, Oxford, MS 2002

Research:Resource Constrained Project Scheduling, Supply Chain Design and Hybrid Algorithms.

Dr. Li has published in the Military Operations Research, Journal of Scheduling, and the International Journal of Project Management.

Leslie Ellis VaughanLecturer of Accounting

M.S. Accounting, Auburn University, Auburn AL 1988, Licensed CPA

Teaching Experience:St. Louis University, St. Charles Community College, Auburn University

Industry Experience:Accounting Consultant and Manager for Rich Mount Incorporated, Arden, NC and Tax Accountant for Marsh, Carr, Calloway, Lolley, and Averette, Enterprise, AL.

The College of Business Administration and its Executive Leadership Institute continuedthe Distinguished Speakers Series this year hosting James Weddle, managing partner of Edward Jones on October 9, 2008 and Brenda Newberry, Chairman, CEO and Founderof The Newberry Group, Inc. on March 10, 2009. The Distinguished Speaker Series hasbeen sponsored by PricewaterhouseCoopers LLC.

James Weddle’s talk, “Strategy Development and Implementation” covered a number ofareas, including the company’s principles, history and clients. Weddle also discussed therelationship between Edward Jones and UMSL. Weddle began his career at Edward Jonesas an intern and later became a financial advisor. In 2006, he became the fifth managingpartner of the firm.

Brenda Newberry’s talk “Life is tough. Business is too. Grow over it.” was in recognitionof the Women’s History Month. Newberry founded The Newberry Group in 1996 follow-ing a prestigious career spanning over 20 years in network and systems software. Today,The Newberry Group is a global IT consultancy and has distinguished itself as a leadingtechnology services firm.

Featured speakers: James Weddle, managing

partner, Edward Jones, and Brenda Newberry, founder,

Newberry Group.

Meet Our New Faculty

Distinguished Speaker Series

Alan C. WheelerAssociate Teaching Professor in Logistics and Operations Management

Ph.D. Statistics, Stanford University, Stanford, CA 1968 M.S. Statistics, Stanford University, Stanford, CA 1964

Academic Experience: Southern Illinois University Edwardsville, Washington University in St. Louis, Southern Methodist University

Industry Experience: Assistant Vice President,

Operational Analysis, and Assistant General Auditor for the Federal Reserve Bank of St. Louis.

Kyeungrae “Kenny” OhAssistant Professor of Management

Ph.D. International Business and Strategic Management, University of Texas at Dallas, Dallas, TX, 2008

M.B.A. Strategic Management and Organization Theory, University of Wisconsin at Madison, Madison, WI, 2003

Research:Institutional effects on firm behaviors and strategy, the theory of the firm and firm growth strategy and corporate political strategy. Dr. Oh has published in the Asia Pacific Journal of Management.

Industry Experience:Consultant for Ernst & Young Management Consulting, Deloitte & Touche Management Consulting, Korea Management Associ-ation Consulting and researcher for Gallup, Korea.

CBA Alumni update

Membership ApplicationJoin the Alumni Association

�Complimentary (up to one year from graduation)

�$45 Family Annual (benefits for yourself & 2 family members)

�$35 Single Annual

Keep in Touch! Since our last newsletter, wherein I was introduced in my current capacityof working with alumni of the College of Business Administration, I havebeen so very pleased to hear from a significant number of you who havebeen kind enough to take the time to write a note or send an email. It is so rewarding to learn of your accomplishments. Needless to say weare very proud of each of you. Your successes serve to validate our Collegeof Business Administration as satisfactorily preparing individuals for theworld beyond UMSL.

Please keep in touch. Working with our Advancement team of StephenKnapp and Elizabeth Kurila, I hope to speak with many of you and to visit where that is practical. Please come to the campus to see the manychanges that continue to take place. I’d be delighted to show you aroundand to bring you up-to-date on current and planned ventures. I can bereached at 314.516.6131 or by email: ganz@umsl.edu.

My best personal regards to each of you. David Ganz, Associate Dean Emeritus

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1967

Brian Bass, BSBA, retired after 38 years as financemanager for St. Louis CountyHighway Department. Heserved as trustee for the countyretirement plans for 12 yearsand served on the board ofdirectors of County CreditUnion for 22 years. He con-tinues to umpire high schoolbaseball and softball games.

1969

John Curd, BSBA, is gettingmarried on June 26 and will be residing in Springfield, VA.

1972

Steve Finkelstein, BSBA, is senior partner and businessconsultant with Experience on Demand in St. Louis.

1973

James Arcipowski, BSBAaccounting, joined SummitBenefits Group as a broker. He lives in Manchester, Mo.

1979

Donna Atchison,BSBA accounting, is mortagerepresentative at CitizensNational Bank. She lives in Hazelwood, Mo.

Steven Colter, BSBA, iscustomer service director at United Airlines in St. Louis.

Robert Poe, BSBA ’77, MBA, has declared hiscandidacy for governor of Alaska.

Natalie (Mascia) Schaefer,BSBA accounting, recentlyjoined Fiduciary Advisors, Inc. as a consultant. She lives in St. Louis.

1980

Daniel Clay, BSBA, joinedLacleki Restaurant Group inLaJolla, Cal. as chief operat-ing officer.

Allen Ozersky, BSBAmarketing, is manager, desktop support at ANINetworks in Elsungo, Cal.

1982

Jerry Crumley, BSBA, waspromoted to president of the U-Haul Company of NorthTexas.

2002

Orvin Kimbrough, MBA,senior vice president or majorgifts and planned giving for theUnited Way of Greater St. Louis,has been appointed to the 1stCongressional District seat onthe Missouri State UniversityBoard of Governors.

Jennifer Lyons, BSBAmarketing, was appointedfinancial representative atNorthwestern Mutual FinancialNetwork in St. Louis.

2003

Laura Dale, BSBA, is districtsales manager at BoulevardBrewing Company. She lives in Maryland Heights, Mo.

2004

Timothy Crawford, BSBA,MAcc recently completed hisCPA requirements. He is a Sr.Auditor for Stone Carlie and Co. LLC.

Pamela Ramsey, BSBAinternational business, isproduction support analyst at Edward Jones in MarylandHeights, Mo. She recentlycompleted her masters degree in international business atWebster University.

2005

Joshua Brown, BSBA finance, is technical consultant at Wachovia Securities.

Charles Cappel, BSBAorganizational behavior, is human resources administrator at Jacobs Engineering in St. Louis.

2006

Matt Klaric, MBA, is pres-ident of the St. Louis Council of Supply Chain ManagementProfessionals. He recentlyawarded the organization’s John Grant Helm Scholarship to James North, a student in the Honors College at UMSL.

Lucas Terando, BSBAmarketing, is a freight brokerwith Sunset Transportation in St. Louis, Mo.

2007

Rachel (Kotva) Mitchell, BS accounting, is a certifiedpublic accountant with UHY, LLP in St. Louis.

1983

Warner Baxter, BSBAaccounting, was promoted to president and chief exe-cutive officer of Ameren UE in St. Louis.

1984

John Grah, BSBA marketing/finance, has been appointedchief operating officer ofProvidence Memorial Hospital in El Paso, Tex.

1986

Kathy Hart, BSBA marketing,was elected to a second term on the Webster Groves CityCouncil. She was recentlyappointed chief judge of the Division of WorkersCompensation.

1989

Barbara Bentrup, BSBAaccounting, is associate attorneywith Capes, Sokol, Goodman & Sarachan, P.C. in St. Louis.

1991

Robert Cahn, BSBA, is work-ing for AT&T in the UK as acompliance specialist for net-work services.

1992

David Byrd, BSBA account-ing, was appointed chief finan-cial officer at Des Peres Hospitalin St. Louis.

Robert S. Richman, BSBAaccounting, is director, financialplanning and analysis for EsseHealth in St. Louis.

1993

Wayne Deveydt, BSBAaccounting, is chief financialofficer at WellPoint, Inc. inIndianapolis, Ind.

1994

Michael Unland, MBA joinedBurns & McDonnell as a seniorproject manager. He resides inWentzville, Mo.

1995

Janis Hovis, BSBA accounting, is director, supply chain controllerfor Panera Bread. She lives in St. Charles, Mo.

1997

Edgar Johnson, BSBA, is a consultant in the humanresources, development,retirement and health caredeliverables area. He is based in St. Louis.

Name _______________________________________________________________________________

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City, State, ZIP _______________________________________________________________________

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UMSL Alumni Association One University Boulevard St. Louis, MO 63121-4400, or call 314.516.5833 to charge your membership.

Please return to: College of Business Administration, One University Boulevard, St. Louis, MO 63121-4400. By fax: 314.516.6420. By E-mail: jane_ferrell@umsl.edu

2007

Chris Leon, BSBA is a recipient of the 2008 Elijah Watt Sells Award.

Return this form along with your check made payable to:

David Ganz Associate Dean Emeritus

( )

QACollege of Business Administration University of Missouri-St. Louis One University Boulevard 487 Social Sciences and Business Building St. Louis, MO 63121-44002009129/7.09sm

Debbie is a 1973 graduate of UMSL with a Bachelor of Science in Business Administra-tion with an emphasis in Accounting. She is the Managing Director of the Douglas Group, a leading merger and acquisition firm for mid-sized companies in the U.S. Debbie previouslyworked with Deloitte and Touche from 1973through 1989, and served as an Audit Partner,and later as the firm’s Director of Merger andAcquisition Activities. In 1989 Debbie beganbuilding a private company merger and acquisi-tion practice. Since its inception, Douglas Group has completed numerous corporate sales and purchases. Debbie is also the author of a book entitled Cashing In!: Selling YourCompany for Maximum Price. Debbie receivedthe Distinguished Alumni Award from theAlumni Association in 1987.

Why did you choose to attend UMSL?I wanted to stay in St. Louis, and was interestedin business, and heard that the University reallyhad a pretty strong business program.

How did you get where you are today with your career?I began in public accounting, and UMSL reallydid a great job – then and I think now as well –in introducing students to the world of publicaccounting. The Accounting Club and BetaAlpha Psi both had outstanding programs wherestudents could hear speakers in that segment talk about the job market, and they did an excel-lent job in coaching students about where andhow to make the contacts they might need to putthem on the path to a job. From there, the pathto partnership with that firm was fairly well

defined. (It was competitive and lots of hardwork, but it seemed clear.) I left public account-ing after having been a partner for 5 years, andbegan my own merger and acquisition consult-ing firm.

Did your college experience prepare you for your career?Yes – I think the program was excellent, and the professors were all far more “teaching-orient-ed” than those in many other colleges. We usedto have a student-written appraisal of every class,and it was wonderful how many of UMSL profes-sors really seemed to focus upon and thrive uponquality teaching results. Professor Chew’s intern-ship program also was very useful and healthy formy development – and nurturing of a self-startingentrepreneurial sort of view to business.

What is your fondest memory of your college experience?Probably something silly, like sitting on the lawn studying, and watching the occasional“streaker” jog by.

What advice would you give to students today?Maintain grades – it’s more important than youmay realize to a prospective employer, because it tells both of intelligence and responsible workethic. Seek involvement with the extracurricularclubs and fraternities as an important source tolearning about potential professions that may beof interest. Keep an eye out for opportunities todo work related to the field you may enter (bothto increase your personal professional value, andto give you a better understanding of what maybe available, and what you enjoy.)

(MC22) update

Update is published twice a year by the College of Business AdministrationUniversity of Missouri-St. LouisOne University BoulevardSt. Louis, MO 63121-4400

For more information please contact Jane D. Ferrell at jane_ferrell@umsl.edu phone 314.516.5883 fax 314.516.6420

Please E-mail address changes to jane_ferrell@umsl.edu

Chancellor Thomas F. George

Dean Keith Womer

Editor and writer Jane D. Ferrell

Designer Sandy Morris

ProductionCindy Bertram

non-profit org.

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St. Louis, MO

permit no. 3

Upcoming Events Tuesday, September 22Founders Day DinnerRitz Carlton Hotel6:00 p.m.

Sunday, October 18 39th Annual Honors Banquet6:00 p.m. Millennium Student Center

For more information on these events go to www.umsl.edu/business.

Deborah Douglas, Managing Director of the Douglas Group

Meet Business LeadershipCouncil Member Deborah L. Douglas