Resurgence of the Roundtable by yaofenji


									     ALUMNI NEWS
     Resurgence of the Roundtable
                                                                                                                                                                           tation Series, coordinated by Gloria        from Willard Zangwill, professor of       Ride from XP Classroom through
                                                                                                                                                                           Hess, associate director of corporate       management science, who provided          IPO”; CEO Roundtable member Collin
                                                                                                                                                                           alliances. A joint effort of the round-     an executive-level overview of critical   Anderson, ’96, former president of
                                                                                                                                                                           tables and the Office to Advance            information technology and Internet       Digital Innovations, who discussed
     Business advice abounds, but what’s it worth? Much more when it comes from experts and Chicago GSB.
                                                                                                                                                                           Career and Corporate Alliances              management issues. Other recent           bringing a new product to market;
     Since they were launched in the early                      session,” said Scott McGarvey, A.B. ’77,                       are offered free of charge. It helps        (OACCA), the panels feature alumni          speakers include dean Edward A. Snyder,   David Rudis, executive vice president
     1990s, GSB roundtables have offered                        A.M. ’78, M.B.A. ’81, who heads the                            that Gleacher is made available, and        who have successfully entered a new         who outlined plans for the GSB; turn-     at LaSalle Bank, who described how
     alumni something distinctive: active                       Marketing Roundtable. “Audience                                that food is not the main point of          field, opened a business, or changed        around consultant Bill Brandt, who        to deal with Chicago banks; Jeff
     discussion forums that focus tightly                       members are encouraged to share                                the evening.”                               careers, particularly during the early      spoke on lessons he’s learned; profes-    Comment, chairman and CEO of
     on specific professional interests.                        their own ideas on the topic and                                  The gatherings also offer time           1990s, a period when alumni faced a         sor emeritus Marvin Zonis, who pres-      Helzberg Diamonds (Berkshire
     Over the past decade, participation                        occasionally engage in some friendly                           for alumni to connect, but the              tight job market and business condi-        ented “The Bush Doctrine/His World        Hathaway), who told his acquisition
     has risen to record high levels, and                       debate.” Other groups involve discus-                          roundtables go far beyond network-          tions similar to today’s. The first two     View”; Robert Pritzker, chairman of       story; Elaine Smith, FBI supervisory
     today the groups are enjoying                              sion only among the members, who                               ing. “Networking is not the primary         focused on venture capital and mar-         the Marmon Group, who presented           agent; Thomas Churchwell, manag-
     renewed vigor. A new E-Business                            meet to bring each other up to date on                         objective,” McGarvey said. Still, the       keting. Plans called for future panels      “Lessons from 300 Acquisitions”;          ing director at ARCH Development
     Roundtable was launched in 2001,                           industry breakthroughs and gain fresh                          groups respond to the challenges            to be held on a quarterly basis.            organizational change expert Charles      Partners; Ellen Rudnick, ’73, clinical
     the same year the Finance Round-                           perspectives on existing issues.                               alumni face in today’s tight job mar-          In 2002, each of the roundtables         Bishop, who discussed effecting           professor of entrepreneurship and
                                                                                                                               ket. The International and Marketing        had an active year. Finance Round-          change in an organization; CEO            executive director of the GSB’s entre-
                                                                                                                               Roundtables, for example, encourage         tables have drawn an average crowd          Roundtable member Robert Taylor, ’90,     preneurship program; and professor
                                                                                                                               members who are making career               of more than 200 people—primarily           chairman of Focal Communications,         Robert Aliber, who presented his out-
                                                                                                                               transitions—or who have positions           seasoned executives with years of           who presented “The Billion Dollar         look for the U.S. economy.
                                                                                                                               to fill—to arrive early for an informal     experience. “They’re a well-informed,
                                                                                                                               exchange of resumes, business cards,        serious audience that asks critical
                                                                                                                               and leads. Many of the roundtables          questions,” said Kathy Graham, ’00,
                                                                                                                                                                                                                          Newest Roundtable Lets Alumni Talk
                                                                                                                               begin their sessions with informal          who heads the Finance Roundtable.              about Business Bestsellers
                                                                                                                               “icebreaker” exercises. The Finance            The value of the roundtables is             Dana Damyen, ’02, remembers when GSB professors recommended books
                                                                                                                               and E-Business Roundtables have             unmatched, said Caroline Karr, ’88,            that would make great additional reading. “With the workload, I never
                                                                                                                               offered light refreshments and a cash       associate dean of alumni affairs and           had the time for them. But I kept a list,” she said. Over the summer,
                                                                                                                               bar at the end of the regular sessions      special events. “They stay on top of           Damyen organized the Business Book Roundtable with Pamela Peterson,
                                                                                                                     Dan Dry

                                                                                                                               to encourage participants to linger         the issues as they arise in their indus-       ’97 (XP-66). “It’s going to focus on the popular business press and on clas-
     Participation in GSB roundtables has hit a record high over the past year. The Finance Roundtable (above) has             and talk, and other roundtables typi-       tries, and they have the flexibility to        sic business publications related to current relevant topics,” she said.
     averaged more than 200 attendees at recent events.
                                                                                                                               cally head to the Midway Club or a          respond quickly to changes in those            Potential titles include In Search of Excellence: Lessons from America’s
     table was revitalized. A separate                             “The roundtables have done a                                nearby restaurant, where participants       environments,” she said.                       Best-Run Companies and John Carver on Board Leadership.
     roundtable was introduced in                               good job of focusing on their origi-                           can continue their discussions.                                                                Among the ideas likely to come up when the group starts meeting in
     November following a book group                            nal mission,” McGarvey said.                                                                               CEO Roundtable                                 2003 are business ethics, corporate board leadership, personal investing,
     format and focusing on such titles as                      “They’re what professional associa-                            Giving Alumni What They Want                Membership requirements: Restricted            and managing a business during a recession. Faculty members will be
     In Search of Excellence (see page 43).                     tions ideally would be, except that                            The roundtables were first initiated by     to CEOs, presidents, owners, chief             invited to moderate and may also talk about their own related research,
        GSB roundtables typically meet                          some associations stray from their                             the Chicago GSB Club and the career         operating officers, and other senior           she said. Book titles will be announced two to four months in advance
     monthly at Gleacher Center in down-                        mission and become social clubs.                               management office of the alumni             executives with significant manage-            through the monthly alumni affairs e-mail, as well as through other
     town Chicago and often begin with a                        And they’re much more focused                                  office, but they quickly developed          ment responsibilities and challenges           roundtables, Damyen said.
     speaker’s presentation or panel discus-                    than big national conventions that                             their own identities as alumni volun-       Meeting: Monthly at Gleacher Center                Volunteers are welcome to join the steering committee. Anyone who
     sion—not as a lecture, but as a way of                     have a high-profile speaker, where                             teered to coordinate them based on          Contact: Alexander “Sandy” Weissent, ’76,      wants more information on the Business Book Roundtable should con-
     stimulating discussion with the audi-                      there’s financial pressure to get a                            specific topics. The latest initiative is   at                       tact Damyen at 312.226.9680 or—P.B.
     ence. “It goes far beyond a Q and A                        big turnout. The GSB’s roundtables                             the Industry Immersion Panel Presen-        Earlier this year, the roundtable heard

42   Chicago GSB Winter 2003                                                                                                                                                                                                                                                         Winter 2003 Chicago GSB   43
     ALUMNI NEWS                                   featuring change management expert
     Consulting Roundtable                                                                                                              panel, Dennis Keller, ’68, chairman          folio construction. Michael Lindh, ’82,    Strateman, ’80; and Merle Tresser, ’81
     Meeting: The fourth Thursday of               Frank A. Adams, CEO of Dynamic                  More Meetings Set                    and CEO of DeVry, described his              director of investment analysis and        Contact: Scott McGarvey, A.B. ’77, A.M. ’78,
     every month, except November, at              Management Solutions.                                                                view of education and how DeVry              equity research at Richards &              M.B.A. ’81, at smcg@gsbalum.
     Gleacher Center                                                                               for 2003                             grew to offer courses at 24 sites.           Tierney, spoke about the value of a
     Contact: Dennis Aust, A.B. ’79, M.B.A. ’80,   E-Business Roundtable                           Plans are under way for the             A fall panel, “Self-Marketing—            CFA. Associate professor of finance        One spring meeting featured net-
     at               Meeting: The first Thursday of every            Northwest Illinois Roundtable        Become a Seller in a Buyer’s Market,”        Pietro Veronesi spoke on valuing stocks    working expert and author Melissa
     Not just for consultants, the group           other month at Gleacher Center                  to begin meeting regularly           featured Rob Engelman, president of          with uncertain profitability.              Giovagnoli, who described three key
     covers issues consultants face, from          Steering committee: Peg Conway, ’88; Gint       each quarter in the Sterling-        Engelman Management Group, who                                                          attributes shared by successful net-
     technology to high-level marketing.           Dargis, ’90; Lise Gorajski, ’80; executive      Dixon area, alternating              discussed his transition from Fortune        International Roundtable                   workers: a belief that it’s important to
     The format ranges from featured               program student David Ijaz, A.B. ’97;           between informal breakfasts          100 executive to entrepreneur.               Meeting: The third Thursday of each        make a difference; skill at identifying
     speakers and expert panels to small           Herald Manjooran, ’01 (XP-70); Jerome           and more formal dinner meet-                                                      month at Gleacher Center                   others with similar or complementary
     group discussions and workshops,              McQuie, ’93; Steve Nowak, ’92; Dick             ings featuring speakers of local     Finance Roundtable                           Contact: Karl Buschmann, ’85, at           values; and skill at gaining trust.
     always ending with time for social-           Strojinc, ’87 (XP-56); and former               interest. For more information,      Meeting: The second Wednesday of                        Later, the Marketing Roundtable
     izing and networking. This round-             faculty member John Watts                       contact Tom Burns, ’74, at           the month at Gleacher Center                 Earlier this year, Marvin Zonis, profes-   teamed up with OACCA to produce
     table sometimes hosts several                 Contact: Lise Gorajski at lise.keyser.          815.284.1077 or bburns@              Contact: Kathy Graham, ’00, at               sor emeritus of business administra-       a Marketing Immersion Panel Pre-
     meetings on related topics, such              —P.B.                           tion, spoke on U.S. foreign policy,        sentation. Panelists Randy Kobat,
     as community in the workplace                 A spring panel discussion entitled                                                   Several topics were debated this year        politics, business, and trade in the       Chereese Newton-Griffin, ’94, and Merle
     and marketplace. “We try to be a              “Return-on-Investment with Cus-              Group, which delivers a broad range     before record crowds. The turnaround         post-9/11 world. Zonis said there is       Tresser, ’81, shared the secrets to their
     resource for in-depth learning                tomer Relationship Management                of services to midmarket firms, with    management session included pan-             widespread resentment of U.S. poli-        successful career transitions into var-
     beyond what you can get in a one-             (CRM)” addressed the reasons that            expertise in the manufacturing and      elists Mark Berkoff, J.D. ’86, partner and   cies in the Islamic world, particularly    ious fields of marketing.
     hour presentation,” Aust said.                many CRM installations have failed           distribution sectors.                   co-chair at Piper Marbury Rudnick &          in regard to Middle East policy.              Fall panels were “Marketing Pro-
        Presentations earlier this year fea-       to meet their objectives and have                                                    Wolfe’s bankruptcy practice group,              Another discussion featured Marty       fessional Service Companies,” with
     tured PricewaterhouseCoopers’s                fallen short of expectations. Panelists      Entrepreneurial Roundtable              and Douglas Werking, ’88, principal at Jay   Langtry from the consulting arm of         presenters Roberta Montafia, global
     William Eichhorn, a strategy partner          Steve Ramsey, ’89 (Accenture); Stan          Meeting: The third Monday of            Alix & Associates. Another speaker           Tower Group International, who             director of marketing at Baker &
     with the firm, who offered a perspec-         Martin (Adroit Consulting); John             each month at Illinois Institute of     was Cary Kochman, M.B.A. ’90, J.D. ’90,      pointed out that the current wave of       McKenzie, and Mary Lou Brous,
     tive on “Design of Companies and              Reale (USG Corporation); and Paul            Technology’s Wheaton campus             co-head of mergers and acquisitions at       globalization involves developing          global brand manager at Accenture; as
     Markets for the Internet and Global-          Marushka, ’93 (eLoyalty), cited several      Contact: Bill Wentz, ’88 (XP-57), at    Credit Suisse First Boston. Both events      countries entering manufacturing           well as “The Chief Marketing Officer’s
     ization”; Larry Keeley, president of          success factors that are essential to      attracted more than 285 attendees.           industries, while earlier waves of         Role,” with Brad McLane, ’83, of Russell
     Doblin, an innovation strategy firm,          achieving and measuring business             Earlier this year, the roundtable          A series on private equity/venture        globalization involved developed           Reynolds Associates.—Patricia Briske
     who discussed sustaining innova-              results from CRM.                            instructed participants on how to use   capital featuring Scott Meadow, clinical     countries trading with each other.
     tions and disruptive innovations;                A fall panel on e-business and sup-       its newly launched electronic com-      professor of entrepreneurship, and           Well-intended international agree-         Portions of this article appear courtesy
     and Keith Krasemann, professor at             ply chain management described how           munity site for demonstrating           Stefania Aulicino, ’79, president of         ments designed to promote global-          of Scott McGarvey, who wrote an
     the College of DuPage and a promi-            both have impelled businesses to             unique capabilities and expertise,      Capital Link, drew more than 240             ization have become distorted and          article on GSB roundtables for The
     nent lecturer on ethics, who guided a         higher levels of performance and fea-        locating business or employment         alumni (see page 50). A presentation         have lost some of their effect, he said.   Phoenix, the quarterly publication of
     group discussion covering the tests           tured renowned expert and author             opportunities, finding resources to     on real estate featured Henry Halboth,          A fall panel featured former U.S.       the GSB Club.
     for ethical behavior and suggestions          Chuck Poirier from CSC’s consulting          assist in their businesses, and net-    ’88, senior director at Opus North,          senator Adlai Stevenson III.
     on how to create a corporate culture          practice. Jason Busch, senior manager        working more effectively.               and Karen Case, ’86, senior vice presi-                                                  For information
     that prevents unethical behavior.             of analyst relations and strategic mar-         Another panel, “Buying a             dent for LaSalle Bank’s commercial           Marketing Roundtable                        For information about upcoming round-
        Autumn sessions focused on com-            keting for FreeMarkets, discussed why        Business: The ABCs and XYZs,”           real estate group. Quoc Tran, ’99, of        Meeting: Usually the last Wednesday         table events as well as archives on
     munity in the workplace, with Frank           e-sourcing should be a top priority for      featured business brokers, accoun-      Goldman Sachs, spoke on institu-             of the month at Gleacher Center             past speakers and presentations, go to
     Braje and Christina Cusamano, part-           executives. The moderator was Dick           tants, attorneys, and bankers from      tional sales. Stefano Cavaglia, Ph.D. ’90,   Steering team: Diane Mielnikowski, ’92; and click on
     ners of the Relational Group; and             Strojinc, who leads the automotive           Midwest Business Brokers &              head of global asset management at           Marti O’Rourke Konstant, ’95; Pamela        alumni organizations.
     management strategy for leaders,              practice at Chicago Consulting               Intermediaries. At a later spring       UBS, talked about global equity port-        Reyhan, ’94; Les Stern, ’84; Pamela

44   Chicago GSB Winter 2003                                                                                                                                                                                                                          Winter 2003 Chicago GSB   45
                                                                                                                    ALUMNI NEWS                        Home Page Returning to Chicago GSB
                                                                                                                                                       To all GSB alums: Thank you for the                without it, I would not have had the same
                                                                                                                                                       warm welcome!                                      experiences and opportunities. It isn’t only
                                                                                                                                                          Before I even started my new position, I        the classes or the degree; it is the distinguished
                                                                                                                                                       received welcome letters and e-mails from          playing field we are elevated to when we
                                                                                                                                                       alumni and staff around the world. I heard         become alums that allows us to achieve higher
                                                                                                                                                       from classmates and from many of you               levels of success in whatever we do. It is the

                                                                                                   Matthew Gilson
                                                                                                                                                       whom I do not even know yet. Then, on              GSB’s reputation and the alumni network
                                                                                                                                                       my first day, I was overwhelmed by the             itself that allow us to be in a special class. We
                                                                                                                    By Caroline Karr, ’88              greeting from my staff, who had filled my          all must help preserve our special status.
                                                                                                                    Associate dean of alumni affairs
                                                                                                                    and special events                 office with flowers, cards, and GSB good-             As my career progressed, the GSB provided
                                                                                                                                                       ies. If that weren’t enough, I was offered         me with significant assistance. Gleacher
                                                                                                                    Contact Caroline Karr at
                                                                                                               quality time with my two predecessors.             Center in downtown Chicago has a wonder-
                                                                                                                                                       They were genuinely helpful and I hope to          ful library offering all the necessary business
                                                                                                                                                       build long-lasting relationships with them.        resources. E-mail 4 Life allowed me to access
                                                                                                                                                          It was the kind of welcome a family gives       the GSB Web site for alumni contact infor-
                                                                                                                                                       you, which should not have surprised me.           mation and events. Bob Wilcox and Anita Brick,
                                                                                                                                                       After all, I’m part of the GSB family and that     A.B. ’77, M.B.A. ’81, at OACCA were available to
                                                                                                                                                       relationship never changes. I was home again.      offer career counseling and advice. The
                                                                                                                                                          I graduated from the GSB in 1988. It was        events were stimulating and provided a way
                                                                                                                                                       a time much like today, when market con-           to meet other alums.
                                                                                                                                                       ditions were difficult at best and finding a          I have spent most of my career in finan-
                                                                                                                                                       job was a challenge. I can identify with our       cial services marketing and I have loved
                                                                                                                                                       students who find themselves in a difficult        every minute of it. However, when I saw the
                                                                                                                                                       world, and I was happy to see that the GSB         description for this job, it instantly felt right
                                                                                                                                                       had started a program, the Student-Alumni          for me. I felt I could add value and use my

The Midway Club                         At Gleacher Center       450 North Cityfront Plaza Drive
                                                                                                                                                       Growth Experience (SAGE), that pairs up
                                                                                                                                                       alums from my era with students going
                                                                                                                                                       through the same experience today.
                                                                                                                                                          My days at the GSB were challenging
                                                                                                                                                       beyond belief, not to mention humbling.
                                                                                                                                                       But they also energized the spirit because I
                                                                                                                                                                                                          skills and experience to give back to the
                                                                                                                                                                                                          place that had helped shape the incredible
                                                                                                                                                                                                          experiences I have had over the last 14 years.
                                                                                                                                                                                                             I’m excited to build on the significant
                                                                                                                                                                                                          advances made by [former associate dean]
                                                                                                                                                                                                          Danielle Palmer, ’92. I want all alums to feel

Reward yourself . . . Join the club.                                                                                                                   was doing something important that would
                                                                                                                                                       affect the rest of my life. I have never felt so
                                                                                                                                                       proud as when [former university presi-
                                                                                                                                                                                                          good about the GSB and the support it pro-
                                                                                                                                                                                                          vides us. At the same time, I want the GSB
                                                                                                                                                                                                          to feel that it can count on us. My mission
The Midway Club is a place to call your own. To make your own. Whether you live in Chicago, in
                                                                                                                                                       dent] Hanna Gray handed me my diploma.             is to foster this two-way relationship, which
the U.S., or overseas. Whether you work out of a home office, find yourself conducting business                                                        I had met the challenge and I was ready for        is the only recipe for continued success. I
                                                                                                                                                       whatever came next.                                want to draw on all the untapped potential
in someone else’s office, or need an escape from your downtown office. You’ve earned the degree
                                                                                                                                                          Once I began my corporate career, I was         that exists within GSB graduates to make
that comes with the privilege of becoming a member of the Midway Club. Call 312.464.8775 for                                                           busy with my own life. I was a semi-involved       the alumni a world-class group.
                                                                                                                                                       alumna who took advantage of services and             I am honored to represent GSB alumni
more information. Visit us online at or stop by for a tour.
                                                                                                                                                       programs that were beneficial to me. As more       here at the University of Chicago. I would
                                                                                                                                                       time has passed, I have realized the great         love to hear from you, so please contact
the university of chicago graduate school of business                                                                                                  impact my GSB degree has had on my career;         me—my door is always open.

                                                                                                                                                                                                                                       Winter 2003 Chicago GSB   47
     United States
                                                                                        Chapter Notes
                                                                                                                                                                        Florida                                      Chicago M.B.A. by meeting the                Phone: 773.702.0783
                                                                                                                                                                        Miami                                        needs of our members. We meet at             E-mail:
                                                                                                                                                                        Contact: John Trainor, ’79                   Gleacher Center from 6 to 8 p.m.
     Arizona                                                                                                                                                                                                                                                      Marketing Roundtable
                                                                                                                                                                        Phone: 305.442.3527                          one night each month. Members
     Phoenix                                                                                                                                                                                                                                                      Contact: Scott McGarvey, A.B. ’77,
                                                                                                                                                                        E-mail:                  take turns acting as the ‘meeting
     Contact: Shashi Jasthi, ’99 (XP-68)                                                                                                                                                                                                                          A.M. ’78, M.B.A. ’81
                                                                                                                                                                        In April, the club hosted a cruise on        manager’ and are responsible for
     Phone: 602.432.8308                                                                                                                                                                                                                                          Phone: 312.648.6275
                                                                                                                                                                        Biscayne Bay (see photo on page 48).         aligning the speaker’s presentation
     E-mail:                                                                                                                                                                                                                            E-mail:
                                                                                                                                                                                                                     with the members’ needs.
                                                                                                                                                                        Tampa/St. Petersburg
                                                                                                                                                                                                                         “The meetings are interactive            Networking Group
                                                                                                                                                                        Contact: Mihir Jobalia, ’99
     California                                                                                                                                                                                                      and friendly, with networking dur-           Contact: Brian J. McGuckin, ’95
                                                                                                                                                                        Phone: 727.573.8220
     Los Angeles                                                                                                                                                                                                     ing the pizza dinner from 6 to 6:30          Phone: 847.359.8550, ext. 12
     Contact: Raul Scheller, ’95                                                                                                                                                                                     p.m. and after meetings at the               E-mail: brian_mcguckin@
     Phone: 310.722.4167                                                                                                                                                                                             Midway Club. If you are interested,
                                                                                                                                                                        Georgia                                      please e-mail your resume and
     E-mail:                                                                                                                                                                                                                                        Northwest Illinois Roundtable
                                                                                                                                                                        Atlanta                                      letter of introduction to the above
     Orange County                                                                                                                                                      Contact: Tripp O’Connor, ’96                                                              Contact: Tom Burns, ’74
                                                                                                                                                                                                                     address. Feel free to call with any
     Contact: Scott Shea, ’87                                                                                                                                           Phone: 404.541.7107                                                                       Phone: 815.284.1077
     Phone: 949.723.6495                                                                                                                                                E-mail:                                                        E-mail: bburns@
     E-mail:         Spring in South Florida: Alumni gathered for a cruise on Biscayne Bay in April. Pictured from left (top row) are Margie                                                Consulting Roundtable              
                                              and George Suarez, ’99, with their son, Jack; Steve Shelemi, ’87; Ana and John Trainor, ’79, with their children PJ, 8,                                                Contact: Dennis Aust, A.B. ’79, M.B.A. ’80
     San Diego                                Danny, 6, and Mickey, 3; (bottom row) Kate Kingberger, ’98; Charles Zyngier, ’00; and Kate Kindlarski, ’86.               Illinois                                                                                  University of Chicago Women’s Business
                                                                                                                                                                        Chicago                                      Phone: 219.929.1741                          Group (UCWBG)
     Contact: John Fischer, ’02
                                              Washington, D.C./Baltimore                                     Entrepreneurs’ Group                                       GSB Club                                     E-mail:         Contact: Eva Ziegler, ’97
     Phone: 858.523.2109
                                              Contact: Ruwan Salgado, ’94                                    Salgado also reports that the                              Contact: Lester Bern, A.B. ’78, M.B.A. ’79                                                Phone: 312.298.3736
     E-mail:                                                                                                                                                                              E-Business Roundtable
                                              Phone: 202.783.3668                                            Entrepreneurs’ Group resumed its                           Phone: 708.747.0640                                                                       E-mail:
                                                                                                                                                                                                                     Contact: Lise Gorajski, ’80
     San Francisco                            E-mail:                                      regularly scheduled meeting on the                         E-mail:                      Phone: 708.447.3930
     Contact: Hari Batnagar, ’99              The chapter brought a Hyde Park tra-                           third Tuesday of August after a two-
                                                                                                                                                                        CEO Roundtable                               E-mail: lise.keyser.gorajski_80@             Indiana
     Phone: 650.320.3467                      dition to the D.C. area in August                              month hiatus. The speaker was Alec
                                                                                                                                                                        Contact: Alexander “Sandy” Weissent, ’76                             Indianapolis
     E-mail:          when it held a family-friendly “brats                          Goldman, cofounder and vice presi-
     Bay area alumni gathered at Le           and brew” at the home of 1998 gradu-                           dent of business development at                            Phone: 312.751.2153                          Entrepreneurial Roundtable                   Contact: Rick Hanson, ’86
     Colonial, a French-Vietnamese            ates David and Blair Martin. Blair is the                      Enlightened Technologies Associates                        E-mail:                Contact: Bill Wentz, ’88 (XP-57)             Phone: 317.274.4937
     restaurant and bar, for the group’s      chapter vice president, and David is                           of Fairfax, Virginia. At the group’s                       “The CEO Roundtable is now in its            Phone: 630.527.8552                          E-mail:
     First Friday Happy Hour in July.         co-chair of the Entrepreneurs’ Group.                          previous meeting in May, the speaker                       ninth year and has about 65 mem-             E-mail: marybrown@
                                              Chapter president Ruwan Salgado, ’94,                          was Leslie Downey, ’83, director of busi-                  bers,” Weissent writes. “Member-                        Maine
     GSB Technology/Venture Capital Network   writes that including family was “the                          ness development at IsoDynamic. She                        ship criteria are current and past                                                        Portland
     Contact: Jeff Weinberger, ’86                                                                                                                                      executive experience; ability and            Finance Roundtable
                                              suggestion of chapter treasurer Mark                           discussed this e-learning venture,                                                                                                                   Contact: David Carter, ’97
     Phone: 650.849.4140                                                                                                                                                desire to contribute; acceptance of          Contact: Kathy Graham, ’00
                                              Kaye, ’96, who—of course—attended                              which was founded by Kraig Robson, ’86.                                                                                                              Phone: 207.553.7160
     E-mail: jweinberger@gsbalum.                                                                                                                                       the CEO Roundtable mission and               Phone: 630.466.7095
                                              with his wife and kids. The event                              The Entrepreneurs’ Group is spon-                                                                                                                    E-mail:                                                                                                                                                       its confidentiality rules; regular           E-mail:
                                              allowed everyone to catch up with fel-                         sored by the D.C./Baltimore chapter                                                                                                                  Robert Z. Aliber, professor of inter-
                                                                                                                                                                        attendance; sharing responsibility           (See story on page 50)
                                              low alumni, greet recent grads, meet                           and tries to meet on the third Tuesday                                                                                                               national economics and finance,
     Colorado                                 D.C.-area interns, and welcome new                             of each month. For more information,                       for the roundtable’s success; and            International Roundtable                     spoke to the University of Chicago
     Denver                                   admits, all while sharing in one of the                        contact co-chairs Ruwan Salgado, ’94, at                   paying $75 annual dues for food,             Contact: Karl Buschmann, ’85                 Alumni Club of Maine. The July 25
     Contact: Susan Eslick, ’98               GSB’s best traditions.” The group also                or 202.783.3668,                         drinks, mailings, etc.                       Phone: 847.310.0412                          program featured a lecture and
     Phone: 303.294.2069                      plans to hold informal happy hours                             or David Martin, ’98, at DHMartin                              “The mission of the CEO Round-           E-mail:            reception at Spinnaker Trust on a
     E-mail:      whenever there seems to be a demand.                  or 703.827.6274.                           table is to enhance the value of a           Contact: Sophia Kholodenko, ’87              rooftop deck overlooking Casco Bay.

48   Chicago GSB Winter 2003                                                                                                                                                                                                                                                           Winter 2003 Chicago GSB   49
     ALUMNI NEWS                                                       Chapter Notes
                                                                                                                                                              Contact: Joe Cefalu, ’95
                                                                                                                                                              Phone: 617.204.2362

                                                                                                                                                              For information, contact the alumni

                                                                                                                                                    Dan Dry
     Finance Roundtable                                                                                                                                       office at 773.834.0229.

     The GSB Finance Roundtable has held many events            tor and co-head of mergers and acquisitions at Credit
     since the last Chicago GSB magazine was published.         Suisse First Boston. More than 300 alumni attended to                                         Minnesota
     More than 240 alumni gathered at Gleacher Center           hear his explanation for the current inflection point in                                      Minneapolis/St. Paul
     on June 12 to hear Sam Guren and Scott Meadow pre-         global M&A, his review of the 2001–02 M&A markets,                                            Contact: Brad Kanter, ’96
     sent “The State of Private Equity/Venture Capital.”        and his forecast for that field’s future (To read more                                        Phone: 612.304.4083                    Family Picnic: The Chicago GSB Club of Minnesota enjoyed a picnic at Minnehaha Park in June. Pictured are (front row)
     Guren is a private financing investor with more than       about the Finance Roundtable, see “Resurgence of the                                          E-mail:         Esha and Sandeep Bhatia, ’00, and Hima Bhatia; Todd Smalley, ’96; Rita West, ’02; Eric Duvall, ’99; Brian Krelitz,
                                                                                                                                                              Brad Kanter, ’96, writes: “The Chic-   ’84, and Matthew and Susan Krelitz; Nick Swenson, ’96; Ted Sherman, ’97, and Max and Renee Sherman; (second row)
     25 years of experience and Meadow is a venture capi-       Roundtable,” page 42.)                                                                                                               Elizabeth and Cheri McMahon, ’00; Tyler Kanter, Brad Kanter, ’96, and Amy Kanter; Heather Duvall; and Karlene
     talist with 20 years of experience who also serves as                                                                                                    ago GSB Club of Minnesota hosts        Hunter, ’01; (top row) Debbie Sit, ’87; Chase Johnson, Gunnar Johnson, ’96, Janet Johnson; and Jennifer Whittaker.
     clinical professor of entrepreneurship. Roundtable                                                                                                       about five events a year, including    Not pictured: Dave McMahon; Elea and Ned Bentley, ’01; Beth and Mike Hargett, ’97; Linda and Jesse Singh, ’93, and
                                                                                                                                                              happy hours, family picnics, happy     their children, Meera, Dhara, and Kieran.
     coordinator Kathy Graham, ’00, writes: “Hearing two
     industry experts explain their field from the perspec-                                                                                                   hours, the Lake Minnetonka boat        party,” at their home in Leawood,                            Ohio
     tives of the private equity/venture capitalist was high-                                                                                                 cruise, happy hours, speaker pan-      Kansas, in July with alumni and                              Cincinnati
     ly illuminating.” On July 10, more than 240 alumni                                                                                                       els—and did I mention happy            their families.                                              Contact: Tom Barton, ’68
     came together to hear Stefania Aulicino, ’79, president                                                                                                  hours?” Kanter reports that “on a                                                                   Phone: 513.608.9448
                                                                                                                                                              beautiful June 22, we had a very       St. Louis
     of Capital Link, and Ed Paisely, managing editor for                                                                                                                                                                                                         E-mail:
                                                                                                                                                              successful picnic in Minnehaha         Contact: Jackie Becker, ’94
     The Daily Deal, a publication that chronicles private
                                                                                                                                                              Park. Thirty-five people attended.     Phone: 314.725.0845                                          Northern Ohio
     equity deals worldwide. Graham explains: “Their
                                                                                                                                                              We networked, grilled, played with     E-mail:                                     Contact: Paul Sears, ’73
     premise was that with more than $106 billion of pri-
                                                                                                                                                              the kids, and compared Palm Pilots.                                                                 Phone: 419.289.5212
     vate capital money currently available, and Illinois
                                                                                                                                                              Everyone had fun.” In July, the        New York                                                     E-mail:
     ranking as the third-best place for securing private
     equity investors, the                                                                                                                                    group cruised Lake Minnetonka          New York City
     time was right for                                                                                                                                       with other business school alums.      Contact: John Lump, ’92                                      Oregon
     private firms in growth                                                                                                                                  (See photo above.)                     Phone: 718.261.1314                                          Portland
     modes to become pri-                                                                                                                                                                            E-mail:                                     Contact: Steve Hays, ’99
     vate equity-financed.”                                                                                                                                   Missouri                                                                                            Phone: 503.819.2767
     The third event was on                                                                                                                                   Kansas City                            North Carolina                                               E-mail:
     August 14, when the                                                                                                                                      Contact: David Brown, ’01 (XP-70)      Charlotte
     topic was trends in cor-                                                                                                                                 Phone: 816.960.9270                    Contact: Bryan Green, ’97                                    Pennsylvania
     porate mergers and                                                                                                                                       E-mail:             Phone: 704.770.0775                                          Philadelphia
                                                                                                                                                    Dan Dry

     acquisitions and the                                                                                                                                     Kara and Doug Ciocca, ’98, hosted a    E-mail:                                         Contact: Benjamin Bader, ’98
     speaker was Cary                                                                      Speakers at recent Finance Roundtable meetings have                beer- and brat-tasting summer          The chapter held an alumni, student,                         Phone: 215.988.5557
                                                                                           included Cary Kochman, M.B.A. ’90, J.D. ’90, (top) and
     Kochman, M.B.A. ’90,                                                                  Stefania Aulicino, ’79 (above). Kathy Graham, ’00,                 barbecue, “the bear market equiva-     and new admit mixer on July 18 at                            E-mail: benjamin.bader@
                                                                                 Dan Dry

     J.D. ’90, managing direc-                                                             (left) leads the popular group.                                    lent of a wine- and cheese-tasting     RiRa, an Irish pub.                                

50   Chicago GSB Winter 2003                                                                                                                                                                                                                                                                  Winter 2003 Chicago GSB        51
     Tennessee                              Sydney/New South Wales
                                                                         Chapter Notes
                                                                                                                                 Stay in touch with a global network of
                                                                                                                                     successful alumni. Send your current
                                                                                                                                       contact information and take advan-
     Nashville                              Contact: Linda Mead, ’91                Santiago                                             tage of a wealth of opportunities,
     Contact: Laura Kanov, ’98              Phone: 61.29.551.6200                   Contact: José R. Valente Vias, ’88
     Phone: 615.860.6430                    E-mail: mead_linda@                     Phone:                                  advice, and resources. We’ll
     E-mail:                                  E-mail:
                                                                                                                                            keep you informed about
     Texas                                  Austria                                 China                                                    conferences, social events,
     Dallas                                 Contact: Kurt Blecha, ’02 (EXP-7)       Beijing
     Contact: James Dworkin, ’98            Phone: 43.1.512.70.80.120               Contact: Ed Zheng, ’99                                   and important changes.
     Phone: 972.720.7029                    E-mail:                  Phone: 86.139.1108.3660

     E-mail: JDworkin@gsbalum.                                                      E-mail: yzheng@                           Belgium                       

     Houston                                Brussels                                Shanghai
     Contact: Vince Vizachero, ’01          Contact: Benoit Tas, ’95                Contact: Jim Li, ’99
                                            Phone: 32.475.283711

     Phone: 713.438.4421                                                            Phone: 86.21.6385.3118
     E-mail: mvvizach@gsb.                  E-mail:     E-mail:
                                            São Paulo                               Cyprus
     Washington                             Contact: Janet Ortega, ’81              Contact: John Harvey, Ph.D. ’49
     Seattle                                Phone: 55.11.3061.0975                  Phone: 357.266.4286                                          Update your information
     Contact: Raj Biyani, ’99               E-mail:              E-mail:
     Phone: 425.703.6551                                                            The Cyprus chapter had a dinner
                                                                                                                                                      by phone: 773.702.7727
                                            “Thirty students from Brazil were
     E-mail:             admitted to the GSB,” writes Ortega,    meeting at the 1900 Restaurant in                                     by fax: 773.834.3499
                                            noting that many of these students      downtown Nicosia in June. “Total
     Wisconsin                              intend to matriculate at Chicago        attendance was 10, including gradu-                                      on the Web at
     Milwaukee                              GSB. “It’s noteworthy that our          ates from both the university and the
                                                                                    business school,” Harvey writes. “The                            
     Contact: Tammie Miller, ’94            applications increased significantly.
                                                                                    guest speaker was George Constantinides,
     E-mail:       Dedicated work by our alumni here                                                                                     alumni/directory.asp
                                            contributes to the appeal of the        Leo Melamed Professor of Finance.
                                            school. Marcelo Puggina, ’98, worked    The entire group had an enjoyable
     International                          to match candidates and interview-      evening under the stars.”
                                            ers—no small feat. He deserves
     Argentina                              recognition for his impact on the       England
     Buenos Aires                           results. Marcelo Tomaszewski is a       London
     For information, contact the alumni    ‘student activist’ whose dedication     Contact: Robert Healy, ’96
     office at 773.834.0229.                is also notable.”                       Phone: 44.7973.293.479
     Australia                              Canada                                  “We have had some great events this
     Melbourne                              Toronto/Ontario                         year,” reports Healy. Meetings have
     Contact: Joseph Giblin, ’95            Contact: Morris Shawn, ’88              included a wine tasting, a play at
     Phone: 61.39.578.8357                  Phone: 416.622.4610, ext. 225           Shakespeare’s Globe Theatre, an open
     E-mail:   E-mail:          air concert at the Kenwood House, a
                                                                                                                                          The University of Chicago Graduate School of Business
52   Chicago GSB Winter 2003
reception for dean Edward A. Snyder, and    E-mail: katharina.esterhazy@
                                                                          Chapter Notes
                                                                                        India                                                      Italy                                     E-mail: tyujuico@                       Taiwan
an informal pub outing with some sec-                        Bombay                                                     Rome                                                    Taipei
ond-year interns. “The dean’s recep-        Contact: Peter Landolt, ’97                 Contact: Pritam Doshi, ’00                                 Contact: Massimo Capocasa, ’97            Contact: Arturo Magbanua Milan, ’02     Contact: Johnny Lo, ’94
tion was fantastic,” Healy writes.          Phone: 49.6103.7620                         Phone: 91.22.363.6916                                      Phone: 39.2762951                         E-mail:         Phone: 886.2.2935.7018
“More than 40 alumni showed up to           E-mail:                E-mail:                            E-mail: massimo.capocasa@                                                         E-mail:
meet the dean and give him our sup-                                                     Raghuram Rajan, Joseph L. Gidwitz                                             Russia
port over cocktails and canapés. The                                                    Professor of Finance, spoke to the                                                                   Moscow                                  Thailand
                                            Contact: Katharina Esterházy, ’97 (IXP-2)
pub outing had such a great response                                                    Bombay chapter on June 7. More                             Japan                                     Contact: Mikhail Potapov, ’02 (EXP-7)   Bangkok
                                            Phone: 49.8133.907803
that there was an underground move-                                                     than 30 individuals attended,                              Tokyo                                     Phone: 7.095.929.4410                   Contact: Narin Opamuratawongse, ’88
                                            E-mail: katharina.esterhazy@
ment to start having them on a regular                                                  including GSB graduates, their                             Contact: Masahiro Nagayasu, ’84           E-mail: mikhail.potapov@                Phone: 66.2.758.6601
basis. We plan to convert this into a                                                   spouses, class of 2004 new admits,                         Phone: 81.3.5224.2823                                          E-mail: narin.opamuratawongse@
habit going forward.”                                                                   and members of the Young                                   E-mail:                 Web site:      
                                                                                        Entrepreneurs’ Organization.                                                                         ChicagoGSB                              Contact: Thaweelap Rittapirom, LL.M. ’96
                                            Contact: Nikos Pappayliou, ’02 (IXP-7)
                                                                                                                                                   Korea                                                                             Phone:
France                                      E-mail: npappayl@
                                                                                                                                                   Contact: Edward “Ted” Kim, ’82            Singapore                               E-mail:
                                                                                                                                                   Phone: 82.17.321.3772                     Contact: Carolyn Chan, ’02
Contact: Pierre Grand-Dewyse, ’69           Contact: Andreas Angelopoulous, ’02
                                                                                                                                                   E-mail:              Phone: 65.348.6040
Phone: 33.01.4218.8671                      Phone: 0044.7811.388.336
E-mail:                 E-mail:                                                                                                                E-mail: carolyn.l.chan@                 Special Interest
                                                                                                                                                   Beirut                                                                            African American Virtual Club
Germany                                     Hong Kong                                                                                              Contact: Bassam Yammine, ’94                                                      Contact: Richard Osei, ’97
Berlin                                      Contact: Ka-Keung “K. C.” Chan, ’85                                                                                                              Spain                                   Phone: 916.569.0985, ext. 419
                                                                                        After his presentation to the Bombay chapter in            Phone: 961.1.340812
Contact: Katharina Esterházy, ’97 (IXP-2)   Phone: 852.2358.7669                                                                                                                             Barcelona                               E-mail:
                                                                                        June, professor Raghuram Rajan (left) spoke with           E-mail:
Phone: 49.8133.907803                       E-mail:                Aniruddha Bose, ’82, (center) and Alok Shah, ’99.                                                    Contact: Peter Simons, ’98 (IXP-3)
                                                                                                                                                                                             Phone: 34.93.636.6823                   GSB Technology/Venture Capital Network
                                                                                                                                                   Mexico                                    E-mail: peter.simons@                   Contact: Jeff Weinberger, ’86
                                                                                                                                                   Mexico City                                         Phone: 650.849.4140
                                                                                                                                                   Contact: Alberto Usobiaga Suinaga, ’79                                            E-mail: jweinberger@gsbalum.
                                                                                                                                                   Phone: 52.5.518.8409                      Madrid
                                                                                                                                                   E-mail:            Contact: Santiago Ruiz-Morales,
                                                                                                                                                                                             ’98 (IXP-3)                             Quality Chapter
When timing is critical, the Chicago GSB                                                                                                           Netherlands
                                                                                                                                                   Contact: L. Martin van der Mandele, ’75
                                                                                                                                                                                             Phone: 34.91.432.7421
                                                                                                                                                                                                                                     Contact: Nina Cunningham, ’94
                                                                                                                                                                                                                                     Phone: 312.409.3737

Fund makes the difference.                                                                                                                         Phone: 31.71.513.2456
                                                                                                                                                   E-mail:                Switzerland

                                                                                                                                                                                                                                     University of Chicago Women’s Business
                                                     Space for Students                                The clear answer—create more space.                                                   Contact: Gilles Chevron, ’97 (IXP-2)    Group (UCWBG)
                                                                                                       Thanks to the Chicago GSB Fund, that’s      New Zealand                                                                       Contact: Eva Ziegler, ’97
                                                     The Chicago GSB Fund sharpens our                                                                                                       Phone: 41.22.703.0768
                                                                                                                                                   Auckland                                                                          Phone: 312.298.3736
                                                                                                       exactly what we did. A renovated floor of                                             E-mail:
                                                     edge by providing resources when                                                              For information, contact the alumni
                                                                                                       Walker now provides student common areas                                              or                   E-mail: eva.ziegler@
                                                     flexibility is crucial.                                                                       office at 773.834.0229.
                                                                                                       and 10 group study rooms with state-of-                                                                             
                                                     Students were crowded. They no longer spent                                                                                             Zurich
                                                                                                       the-art equipment.
                                                     just a couple of hours a day at the GSB—                                                      Philippines                               Contact: Rolf Friedli, ’96 (IXP-1)      XP Club
                                                     they spent most of their day here, working        For more information on the Chicago GSB     Manila                                    Phone:                   For information, contact the alumni
                                                     with peers or studying alone. But the             Fund, contact Damon Cates at                Contact: Teresita Manapat Yujuico, ’02    E-mail:         office at 773.834.0229.

Chicago GSB Fund                                     GSB’s facilities only had room for 90. What or
Annual. Unrestricted. Essential.                     were the other 1,000 to do?                       773.702.7548.                                                                                                                                     Winter 2003 Chicago GSB   55
     ALUMNI NEWS                                                   In Memoriam
     1927                                       sell war bonds. He is survived by           1936                                      manager of California Ranch Wear
                                                his wife of 66 years, Virginia; two                                                   for 50 years. Kaufman was preceded      Jay Berwanger, First Heisman Trophy Winner
     Harold E. Brooks, Ph.B. ’27, of            children; six grandchildren; and            H. Alan Schlesinger, A.B. ’36, died May   in death by his wife, Lillian, and is                                                   Jay Berwanger, A.B. ’36,
     Hinsdale, Illinois, died May 17.           three great-grandchildren.                  19 at his home in Edina, Minnesota.       survived by two children, three
                                                                                                                                                                                                                              the first winner of the
     Brooks worked at Armour &                                                              He was preceded in death by his           grandchildren, and two great-
                                                                                                                                                                                                                              Heisman Trophy, the
     Company for 38 years, retiring in          1930                                        wife, Margaret, and is survived by his    grandchildren.
     1970 as vice president for person-                                                     companion, Lois Martin; three chil-                                                                                               first player chosen dur-
     nel, labor relations, and advertising.     Chicago GSB has learned of the              dren; three grandchildren; and one        1948                                                                                    ing the National Foot-
     After retiring from Armour, he was         death of Chicagoan Irwin E. Klass,          great-granddaughter, born the day                                                                                                 ball League’s first draft,
     a labor relations consultant for           Ph.B. ’30, M.A. ’58.                        her great-grandfather died.               The GSB has learned of the death                                                        and the only Heisman
     Frank Castle & Associates. Brooks                                                                                                of James G. Costakis of Lake Forest,
     was active in the leadership of the        1933                                        1946                                      Illinois, on April 12. The retired
                                                                                                                                                                                                                              recipient who was ever
     Boy Scouts of America, and he                                                                                                    chairman and president of NBD                                                           tackled by a future pres-
     received the Double Seal from the          The GSB has learned of the death            Chicago GSB has learned of the            Illinois is survived by his wife,                                                       ident of the United
     U.S. Treasury for creating payroll         of Winston G. Slater, Ph.B. ’33, of         death of Erwin Kaufman of Indian          Elaine; three children; and three                                                       States, died of lung can-
     deductions during World War II to          Park Forest, Illinois.                      Wells, California. He was general         grandchildren.
                                                                                                                                                                                                                              cer on June 26 in Oak
                                                                                                                                                                                                                              Brook, Illinois. Gerald
        Chicago Housing Pioneer Ferd Kramer                            everyone, regardless of income or ethnicity…. His
                                                                                                                                      1949                                                                                    Ford, who tackled
        Ferdinand (Ferd) Kramer, Ph.B. ’22, chairman of the promi-     influence is felt throughout the city, but especially on       Charlotte Henkle of Sun City West,                                                      Berwanger in a 1934
        nent mortgage banking and real estate firm Draper and          the Near South Side, where his developments have               Arizona, died February 22 as a result                                                   Chicago vs. Michigan
        Kramer for 51 years, died July 16 in his Chicago home          spurred the revitalization of that entire community.”          of injuries sustained in an automo-                                                     game, called him “one
                                                                                                                                      bile accident. After receiving her
        at the age of 100. A “pragmatic altruist” who believed         Kramer, who participated in the launch of the Fannie                                                                                                   of the greatest athletes
                                                                                                                                      M.B.A., she went on to earn her J.D.
        that the future of Chicago was in mixed-income, ethni-         Mae program, credited his World War II stint as pro-           while working full time at Inter-                                                       I’ve ever known.”
        cally diverse neighborhoods,                                                      gram supervisor for the Division of         national Harvester (now Navistar).      Berwanger waited tables, cleaned the gymnasium, and fixed leaky
        Kramer envisioned the entire area                                                 Defense Housing Coordination as             Survivors include her husband,          toilets to pay for his education at Chicago when it was still a Big Ten
                                                                                                                                      Albert Henkle, ’52, and a sister.
        between Hyde Park and downtown                                                    the “turning point” that “set him on                                                school. After Berwanger was drafted by the Philadelphia Eagles and
        becoming popular again, according                                                 the road” he would follow for the                                                   traded to the Chicago Bears, he decided to forgo football as a profes-
        to his son. Among the Chicago                                                     rest of his life, said his widow, Julia.
                                                                                                                                      1950                                    sion and seek a more profitable career as a foam rubber salesman. Later
        developments he is best known for                                                 An avid tennis player well into his         Philip E. Newman of Winnipeg,           he founded Jay Berwanger Inc. in Downers Grove, Illinois, a manufac-
        are Dearborn Park, Prairie Shores,                                                nineties, with 12 senior national           Manitoba, Canada, died on February      turer of plastic and sponge-rubber strips for cars and farm machinery.
        and Lake Meadows. According to                                                    titles, Kramer worked until a few           26, Chicago GSB has learned.            A member of the university’s Alumni Association Board and recipient
        Chicago mayor Richard M. Daley,                                                   weeks before his death. In addition                                                 of the Alumni Service Medal in 1984, Berwanger was “an old-fashioned
        “Ferd Kramer was a giant of the                                                   to his wife, he is survived by three        1957                                    gentleman whose modesty was never corrupted by his fame,” according
        Chicago real estate industry, who                                                 children and three stepchildren; a                                                  to university president Don Michael Randel. Berwanger is survived by
                                                                                                                                      The GSB has recently learned of
        worked for more than 70 years to                                                  sister; eleven grandchildren; and ten       the death of Edward J. Zahumensky,      three children and three stepchildren, twenty grandchildren, and thir-
        make Chicago a better city for                                                    great-grandchildren.—N.L.                   of Montevallo, Alabama, on              teen great-grandchildren.—N.L.
                                                                                                                                      May 27, 2000.

66   Chicago GSB Winter 2003                                                                                                                                                                                                           Winter 2003 Chicago GSB   67
     ALUMNI NEWS                                            In Memoriam
     1968                                     Correction: Lawrence P. Benson, ’72                                              Joseph S. Wright, Member of the GSB Council
                                                                                                                                                                                                                  the U.S. Navy and achieved the
                                                                                                                                                                                                                  rank of lieutenant commander.
     Chicago GSB has recently learned         In the Spring 2002 issue, the In Memoriam listing for Lawrence P. Benson         Joseph S. Wright of Winnetka, Illinois, retired chairman and director              Survivors include his wife, Nancy;
     of the death of Robert J. Dolan on       contained several errors. To set the record straight, we are printing a cor-     of Zenith Electronics Corporation, died March 11. Wright was a life                sons, Frederick, Kimball, and Mark;
     March 20, 1999, after an 11-month        rected obituary. Chicago GSB regrets the errors.                                 trustee of the University of Chicago and a life member of the Council              daughter, Carolyn Mayers; and a
     battle with leukemia. Survivors                                                                                                                                                                              granddaughter.
                                                                                                                               on the Graduate School of Business. Before beginning his 41-year
     include his wife, Jean, and three
     daughters, Mary Jean Dolan Hynan,        Lawrence P. Benson, ’72, of Toledo, Ohio, died in his home on September          career at Zenith, he served as attorney, assistant general counsel,
     Carolyn Dolan O’Brien, and Nancy         19, 2001. He was 59. Benson loved the navy, and his career began with ac-        and chief of compliance for the Federal Trade Commission. He is
     Dolan Levine.                            tive navy service on an Atlantic antisubmarine and missile destroyers. He        survived by his wife, Jane; a son; and three grandchildren, including              The GSB has learned of the death
                                              served as combat captain of a “SWIFT” boat in Vietnam and as director            Elisabeth Wright Williams, ’96.—M.M.B.                                             of Vipin D. Shah, ’71, of Saratoga,
     Thomas Jacobsen of Clayton, Mis-                                                                                                                                                                             California. Shah was president
                                              of the navy’s engineering and leadership schools. Leaving active duty for
     souri, and Ponte Vedra Beach,                                                                                                                                                                                of International Immunoassay
     Florida, died July 20 of leukemia.       the active reserve, he was staff engineer for the “Cornbelt Fleet” in the      way to our house in Naperville to
     Chairman emeritus of U.S. Ban-           Great Lakes, chief staff officer for a group of Norwegian Nasty-class PT       spend three weeks over the holidays.       1985                                      Labs of Santa Clara, California.
                                                                                                                                                                                                                  Survivors include his wife and
     corp, Jacobsen had been president                                                                                       He moved to Palm Bay, Florida, six
                                              boats, and a special consultant to the surgeon general for 16 years. In No-                                                                                         daughter.
     of the Federal Reserve Advisory                                                                                         years ago, but he read the Chicago         The GSB has learned of the death
                                              vember 1988, Benson retired at the Pentagon after 28 total years of service    Tribune online and still received the      of Gary S. Marshak, of Glencoe,
     Council and director of the Federal
     Reserve Bank of St. Louis. He was        with several combat and service awards and commendations.                      Hyde Park Herald because he cared          Illinois, on November 25, 2001. He        xp-30
     an active volunteer with many              Benson also was nationally recognized in health care as an executive,        about the city and community where         was 46. Survivors include his wife,
     organizations, chairing record-                                                                                         he lived most of his life. Dennis was      Karen, and two children, Marissa          Guy N. Kieckhefer, ’72, died June 18,
                                              educator, and consultant. His 29 years in health care management were
     setting campaigns at the United                                                                                         a popular associate dean and director      and Allison.                              Chicago GSB has learned. Kieckhefer
                                              preceded by earning a B.S. in engineering from the U.S. Naval Academy,         of admissions at the University of
     Way of St. Louis and the Salvation                                                                                                                                                                           was a senior executive for various
     Army. He also was a trustee of           an M.B.A. from Chicago GSB, and a master’s in health care administra-          Chicago from the 1970s to the mid-                                                   firms in the textile industry and
     Washington University; a life            tion from Duke University. He served on the graduate faculties of Duke,        1980s. He knew lots of people in the       Executive M.B.A.                          received several patents in the area
     trustee and former chairman of the       University of North Carolina, University of Minnesota, Medical College
                                                                                                                             GSB and was a longtime Hyde Park           Program                                   of silverknit processing. He was
     St. Louis Symphony Orchestra; and                                                                                       resident.” Metcalfe restored a feder-                                                also an active model railroader.
                                              of Ohio, and the Naval School of Healthcare Administration. He was a           ally registered historic home at 48th
     a regional and national leader of                                                                                                                                  xp-6                                      Kieckhefer is survived by his wife,
     the Boy Scouts of America. Sur-          professional engineer and fellow in the Healthcare Financial Management        and Kimbark, his brother reports.                                                    Patricia; two children; and several
     vivors include his wife, Diane, and      Association. Benson participated in more than 300 projects for hospitals       “His house also was popular with the                                                 grandchildren.
                                                                                                                             neon green monk parakeets, who             The GSB has learned of the death of
     a brother, Robert.                       and health care firms, private industry, professional associations, and all
                                                                                                                             used to come to the bird feeders in        Charles F. Tully Jr., ’50, of Arlington
                                              levels of government. Survivors include his wife, Joyce Meadowcroft;           his backyard during the winter.”           Heights, Illinois.                        xp-32
     1970                                     mother, Marjorie (Ken) Jensen; children, Melissa (Ron) Watson, Ann                Metcalfe was in investment
                                              (Mike) Cormier, Eric (Francesca) Benson, Rachelle Meo, and Sara Ben-           banking when dean Harold Metcalf           xp-14                                     The GSB recently learned of the
     Dennis B. Metcalfe, former GSB associ-                                                                                  recruited him in 1973 to join the                                                    death of Ralph R. Sjoberg, ’73, on
                                              son; grandchildren, Maxwell Cormier, Madeline Cormier, and Isabel
     ate dean, was killed on December 17,                                                                                    GSB administration, where he               Fritz W. Wanzenberg, ’58, of Larch-       October 5, 2001. A mechanical
     2001, when an 18-wheel truck             Benson; sister, Louise (Douglas) Leatherdale; and sisters-in-law, Diane        worked until 1981.                                                                   engineer, he had retired from Rock-
                                                                                                                                                                        mont, New York, died on February
     crossed the median on I-24 in            Twaddell and Phyllis Isaacs. Benson’s father, L. Stewart Benson, preceded         Survivors include his brothers,         21 after a fall. A chemical and me-       well International Graphic Systems,
     Nashville and struck Metcalfe’s          him in death. Memorial contributions may be made to Hospice of North-          Douglas, Dean, Dale, and David;            chanical engineer, Wanzenberg             where he was manager of engineer-
     vehicle, according to his brother,                                                                                      his sisters Diana Cornwell and             held 20 patents and worked for sev-       ing standards. He is survived by
                                              west Ohio, 30000 River Road, Perrysburg, OH 43551.—M.M.B.
     Douglas N. Metcalfe, ’90 (XP-59).                                                                                       Dolores Taylor; and 14 nephews             eral years at Northrop on the             his wife, Arleen; three children; and
     Metcalfe writes: “Dennis was on his                                                                                     and nieces.                                Stealth bomber. He also served in         six grandchildren.

68   Chicago GSB Winter 2003                                                                                                                                                                                                         Winter 2003 Chicago GSB   69
     ALUMNI NEWS                                                             In Memoriam
        International Economist Dornbusch Dies at 60                  Economics in 1984 and held joint appointments in
                                 Rudiger Dornbusch, a renowned        the economics department and the Sloan School of
                                 international economist who          Management. He was a prolific writer who authored 23
                                 had many ties to the University      books as well as scores of scientific articles. Dornbusch
                                 of Chicago, died of cancer at        also was active in many public debates, writing a regular
                                 his home in Washington, D.C.,        column for BusinessWeek and advising governments
                                 July 25.                             around the world.
           Rudi, as he was known to his friends, received his           A well-respected teacher, he had an indirect influ-
        master’s degree in economics in 1966 and his Ph.D.            ence on students around the world through his best-
        in economics in 1971 from the university and was a            selling textbook, Macroeconomics, written with MIT
        member of the GSB faculty during the 1974–75                  colleague Stanley Fischer. But he also served as a
        academic year.                                                mentor to hundreds of MIT graduate students, acting
           While he was teaching at Chicago, Dornbusch began          as dissertation adviser to more than 125 doctoral can-
        work on his famous paper, “Expectations and Exchange          didates. Current GSB faculty members who studied
        Rate Dynamics,” which dealt with the adjustment of            under Dornbusch include Mark Aguiar, assistant profes-
        exchange rates to economic developments. Given that           sor of economics; John Huizinga; deputy dean for the
        the world had just shifted from the gold standard to          faculty and Walter David “Bud” Fackler Professor of
        floating exchange rates two years earlier, the topic was of   Economics; Anil Kashyap, professor of economics; Owen
        considerable interest both to policymakers and academ-        Lamont, associate professor of finance; and John Romalis,
        ics. Dornbusch analyzed exchange rates as asset prices        assistant professor of economics.
        that had to obey all the usual arbitrage rules of finance.      “He is a major reason we have so many MIT
        He then showed that shocks to a country’s monetary            economics and finance professors at the GSB today,”
        policy could lead to larger exchange rate movements in        said Huizinga.
        the short run than in the longer run. In calculating the        Dornbusch’s style of economics was decidedly
        amount by which short run exchange rate movements             Chicago. In the preface to his last book, he wrote that
        would overshoot the long run adjustment, Dornbusch            his underlying ideology was “unabashedly Chicago;
        developed a solution method for dynamic models that           that is, the University of Chicago belief that markets
        has found wide application in many economic contexts.         solve problems best and that bureaucrats on balance,
        In noting his passing, the Economist wrote, “It is scarcely   even when well intentioned, are distracted by politics or
        an exaggeration to say that Mr. Dornbusch reinvented          excessive zeal for perfect solutions. The Chicago view
        international macroeconomics.”                                is that complex problems have simple answers.”
           After leaving the GSB faculty, Dornbusch moved to            Dornbusch is survived by his wife, Sandra Masur, of
        MIT, where he spent the remainder of his professional         Boston and Washington, and a brother, Paul Josef
        career. He was named Ford Professor of International          Dornbusch, of Krefeld, Germany.—P.B.

70   Chicago GSB Winter 2003

To top