Karin Bonding • In what appears to be a first, a McIntire faculty member has been invited to teach at the Seoul National University in its Bank Management Executive MBA program. Bonding, Lecturer in Finance, is the first American to teach in this executive MBA program, which was established between the Institute of Industrial Policy Studies and the Helsinki School of Economics and Business Administration. Her topic is investment management and strategy, and the course is condensed into a two-week module. For the past two summers, Bonding has taught at the China Europe International Business School, in Shanghai, but she has never been to Korea—a first for her.

Brad Brown • Brad Brown has been tapped to lead the University's new International Residential College, set to open in the fall of 2001. Organized like the University's two other residential colleges, Brown College and Hereford College, the college will bring together a diverse group of approximately 340 first- through fourth-year American and international students who are interested in understanding world cultures, politics, societies, and languages.

Programs for the college will run the gamut from cooking classes and folk dancing to lectures, seminars, and workshops, from foreign films to visits to foreign embassies in Washington, Brown said. Some of the programs will be designed for the college's residents; others will be open to the larger academic community.

The International Residential College expects to collaborate with related academic departments and schools and the other international resources at the University, including the International Center, the International Studies Office, the Vice Provost for International Affairs, and the foreign language houses. It should become a focal point for exploring global, cross-cultural, and international issues on Grounds. For the full story, see Inside UVA.

Mary Jo Hatch • Mary Jo Hatch was named an Adjunct Professor (an honorary title) of the Copenhagen Business School, in Denmark, where she taught from 1990 to 1992 and again from 1994 to 1995. Her inaugural speech "From Organizational Culture and Identity to Corporate Branding: Moving Ideas from Research to Practice" was attended by students, faculty, and honored guests of the Copenhagen Business School. The talk and reception following took place March 14, 2001.

Bill Kehoe • Bill Kehoe has been elected a Fellow of the American Society of Business and Behavioral Sciences (ASBBS). Kehoe was elected an ASBBS Fellow in recognition of his scholarly excellence and distinguished service. The ASBBS is an interdisciplinary professional organization whose mission is to provide a forum for the exchange of ideas among faculty members in business and behavioral sciences disciplines. ASBBS fulfills its mission through annual meetings, publishing refereed proceedings of the meetings, and publishing the refereed Journal of Business and Behavioral Sciences.

Larry Pettit • Larry Pettit is the recipient of this year's Alpha Kappa Psi Faculty Service Award, an annual honor bestowed by the coed professional business fraternity. McIntire faculty members nominate professors who have gone "above and beyond the call of duty" in service to students during the academic school year, and the student body votes by secret ballot from among the top three nominees. The winner's name is engraved on a plaque that will hang in the McIntire School. The fraternity presents this award to the winner during the McIntire School's leadership banquet/fourth-year recognition ceremonies.

Andy Ruppel • Andy Ruppel was elected in February 2001 to a two-year term on the Colonnade Club's Board of Governors.

Bill Shenkir, Paul Walker, and Thomas L. Barton (McIntire '71) • Bill Shenkir, Paul Walker, and Thomas L. Barton (McIntire '71) are co-authors of the recently published book, Making Enterprise Management Pay Off, a new book from the FEI Research Foundation, a nonprofit affiliate of the Financial Executives International. The companies researched in the study were Chase Manhattan Corp. (now J.P. Morgan Chase & Co.), E.I. du Pont de Nemours and Company, Microsoft Corp., United Grain Growers Ltd., and Unocal Corp. The study emphasizes the need to identify, assess, and measure risks and uses the companies studied to exemplify various approaches. The most sophisticated measurement is in the art of financial risk. Measuring non-financial risks is more problematic because these risks can range from product recalls and market shifts to natural disasters.

The companies studied use an eclectic approach. Microsoft, for example, uses scenario analysis to identify and measure key business risks such as an earthquake or a stock market downturn. United Grain Growers takes risk measurement to a new level by developing gain/loss curves, which reveal the dollar effect and likelihood of a risk affecting earnings. Du Pont developed earnings-at-risk measurement tools, whereas Chase Manhattan uses its own measurement system—shareholder value added—because management was concerned that decision makers were not explicitly considering the cost of risk. 

The three authors also published "Managing Risk: An Enterprise-Wide Approach" in the March-April 2001 issue of Financial Executive.

Also, David Allen (McIntire '75), Tracy Berman (McIntire '00), and Shenkir have written a case on Zooms Inc., the company that Allen founded. Allen recently team-taught the case with Shenkir in the graduate MIS program; he and the students had a lively and entertaining discussion.

Carolyn Simmons • Carolyn Simmons and co-author Karen Becker-Olsen (New York University) recently learned that their paper "Fortifying or Diluting Equity via Association: The Case of Sponsorship" has been accepted for presentation at the Association for Consumer Research 2001 European conference in Berlin. Carolyn was also recently invited to join the editorial review board of Journal of Consumer Research.

David Smith • David Smith was quoted March 30, 2001, in a Canada NewsWire story "UPS Begins Direct Service to China."

Neil Snyder • Neil Snyder was quoted in a story in The Wall Street Journal March 16, 2001, in an article titled "When a Million Isn't Enough; Even in Downturn, Survey Finds Skewed Definitions of 'Rich.'" Deseret News (Utah) reprinted The Wall Street Journal article March 25, 2001, calling it "Who's Wealthy? Certainly Not Me."

Gerry Starsia • Gerry Starsia has been appointed McIntire's new Associate Dean for Administration. Starsia moved to Charlottesville, Va., with his wife and two sons after a very successful career in New York and Connecticut as a senior executive in private business, including construction management and consulting. Says Dean Carl Zeithaml, "Gerry is a perfect fit for the job. In addition to an MBA, he has the financial management skills, human resource leadership experience, and construction expertise to perform the critical roles associated with the position." Starsia will focus immediately on budget and financial management issues and will work closely with Andy Ruppel and Zeithaml in leading the building design and construction process.

Peter Todd and Mike Morris • Peter Todd and Mike Morris will join the Management Information Systems group in the fall of 2001 as a Professor and Assistant Professor, respectively. "Todd will have an immediate impact on the McIntire School both administratively and through his research. For example, he will play an integral role in the future expansion of the Master of Science in MIS program," Ryan Nelson says. After Morris' graduation from the Ph.D. program at Indiana University in 1996, he spent five years as an Assistant and Associate Professor of Information Resource Management at the Air Force Institute of Technology. Both new faculty members are expected to teach in the ICE program at the undergraduate level, to teach graduate classes, and to continue their extensive research programs on the organizational impact of information technology. "The addition of Todd and Morris has already had a significant impact on the McIntire School's national visibility," Ryan adds. "We hope to be able to build on this momentum through the further expansion of our programs and additional high-quality faculty members."

Jim Travisano • Jim Travisano was awarded a "Best in Show" in photography at the annual University juried art exhibit. The exhibit appeared in the Artspace Gallery in Newcomb Hall. (See the photograph on the photo essay page.)

Bob Webb • Bob Webb was an invited guest speaker at the Commodity Futures Trading Commission in Washington, D.C., in February 2001; an International Finance Conference in Port El Kantaoui Hammam-Sousse, Tunisia, in March 2001; and the Pro Bowl Conference on Risk Management at Lake Tahoe, Calif., in April 2001. Webb presented his research on transitory real-time property rights at the Commodity Futures Trading Commission (the commission regulates futures markets in the United States) and at the conference in Tunisia. He gave a presentation on the implications of liquidity risk at the risk management conference in April.

Ellen Whitener • Ellen Whitener was quoted in a Jan. 30, 2001, Newsday story on the DaimlerChrysler layoffs in an article titled "Layoffs Tied to Companies, Not an Economic Downturn."

She was also quoted March 19, 2001, in a USA Today story titled "New Economy Changes How Firms Face Layoffs."

Whitener discusses downsizing and its effects on morale in a recent Los Angeles Times article titled "Companies' Downsizing Efforts May Not Boost Earnings but Just Lower Morale, Researchers Say."

Finally, Whitener was quoted April 16, 2001, in a Newark, N.J., Star-Ledger story, "Overcome Work's Challenges."

Carl Zeithaml • Carl Zeithaml will be the newest resident of the Lawn's historic Pavilion X in the summer of 2001 (Cavalier Daily; McIntire Exchange Top News). He was awarded this honor by the Board of Visitors and will replace Ernest Ern, retired Senior Vice President for Development. "I'm thrilled with the honor and opportunity that it presents for the School and my family," Zeithaml said.

Zeithaml was also quoted Feb. 7, 2001, in a story in the Texas Christian University student newspaper, The TCU Daily Skiff. The article was titled "Students Secure in Degrees; E-Business Strong Despite Drop of Online Companies" (The TCU Daily Skiff).