Tippie Magazine (Winter 2019-20) - Tippie College of Business

Winter 2019–20

WINTER 2019–20
TIPPIE COLLEGE OF BUSINESS
MAGAZINE
INSIDE
2
Cover Story:
The Business of Business Schools
We’re opening our books to shine light on the
complex puzzle of business school finances.
By Rebekah Tilley
8
Tippie Research:
I Can’t Let This Go
Why the “life-changing magic” of the KonMari
Method can be so hard to achieve.
By Lynn Davy
12 Building Renovations
An inside look at three beautiful new areas within
the Tippie College which were recently renovated.
Photography by Justin Torner
22 “Every Life Has Equal Value”
Sue Taylor (MBA01) on the path that took her
to the Gates Foundation.
By Lynn Davy

12
8
2from our cover story: Jose Duran (BBA20)
22
SECTIONS
Tippie by the Numbers: Iowa JPEC . . . . . . . . . . . . . . . . 7
College News . . . . . . . . . . . . . . . . . . . . . . . . . . . 10
Alumni News . . . . . . . . . . . . . . . . . . . . . . . . . . . 17
In Memoriam . . . . . . . . . . . . . . . . . . . . . . . . . . . 24
Tippie Magazine correspondence
should be directed to Rebekah
Tilley, Editor, Tippie Magazine,
Tippie College of Business,
108 John Pappajohn Business Bldg.,
Iowa City, IA 52242-1994.
Copyright © 2020.
Tippie College of Business,
University of Iowa.
All rights reserved.
Publisher
Sarah Fisher Gardial
sarah-gardial@uiowa.edu
Executive Director of
Communication, Alumni,
and External Relations
Barbara Thomas
barbara-thomas-2@uiowa.edu
Editor
Rebekah Tilley
rebekah-tilley@uiowa.edu
Design
Eric Johnson
de Novo Marketing
thinkdenovo.com
Writers
Lynn Davy
Allison Grier
Rebekah Tilley
Photographers
de Novo Marketing
UI Marketing + Design
Miranda Myers
NBAE/Getty Images NBAE
Rebekah Tilley/UI
Justin Torner/UI
HOW TO RECEIVE
TIPPIE MAGAZINE
Tippie Magazine, a semiannual
publication for alumni and friends
of the Tippie College of Business,
is made possible through the
generosity of private donors.
A complimentary subscription
is provided to those who make
an annual gift of $25 or more
to the college via the University
of Iowa Center for Advancement.
Online gifts may be made at
givetoiowa.org/business,
or you may mail your gift
specifically marked for the
Tippie College to the University
of Iowa Center for Advancement,
Levitt Center for University
Advancement, P.O. Box 4550,
Iowa City, IA 52244-4550.
TIPPIE ONLINE
b tippie.uiowa.edu
b facebook.com/TippieIowa
b instagram.com/TippieCollege
b LinkedIn: Search for
University of Iowa Tippie
College of Business
b twitter.com/TippieIowa
Winter 2019–20 b 1

COVER Story
“We can no longer
depend on state and
federal governments
to fund our teaching
and scholarship.
Instead, we need
to explore more
creative financing
mechanisms
and deepen our
relationships with
industry and
alumni.”
– UI President Bruce Harreld
2 b UI Tippie College of Business

Jose Duran (BBA20) could practically claim a second major
for all the creative ways he’s worked to graduate debt-free
in May 2020.
Because his parents aren’t able to help him
pay for college, Duran transferred credits
he took at the lower-cost Des Moines Area
Community College before he came to Iowa.
He tends bar in the summers. And he’s
cobbled together other part-time jobs and
donor-financed scholarships to keep ahead
of expenses.
Except for a $5,000 loan he took out his
first year here, “I’m working my hardest
to graduate with zero debt.”
Paying for college is a constant worry
for many students (and parents), and it’s
easy to blame universities for being bloated
and inefficient. Maybe if Iowa had kept
its old World War II-era Quonset hut
classrooms and skipped the rec center
with climbing walls, college would be
more affordable, right?
Not really. And here’s why.
The way we pay for
education has shifted.
Although his time on campus predates
Duran’s by nearly six decades, Gary Fethke
(BA64/PhD68) paid his own way through
college by working as an orderly in the
Iowa Psychopathic Hospital. Of course,
when Fethke began school, in-state tuition
was $240 a year. In 2017, when Duran
started at Iowa, in-state tuition was
$7,486 a year, not including the additional
$2,826 he paid in supplemental tuition as
a business student (the supplement funds
college resources and programming only
accessible to declared business majors 1 ).
Sticker shock aside, something else shifted
pretty dramatically between Fethke’s and
Duran’s time as students: state support
for higher education.
In 1961, the state of Iowa underwrote
75.9 percent of Fethke’s tuition. 2
By comparison, just 29.3 percent of the
University of Iowa’s General Education
Fund comes from state appropriations
in FY20.
Not only has state support dropped
precipitously, necessitating regular increases
in tuition and continual belt tightening, but
the reliability of appropriated funding has
become increasingly shaky. In fact, state
appropriations are the university’s most
volatile source of income, as recent state
budget shortfalls have required “claw backs”
mid-fiscal year to the tune of $9 million
in FY17 and $5.5 million in FY18.
Iowa isn’t alone in this. For decades,
state governments across the United
States have disinvested in public higher
education, at varying rates and for
varying reasons but often with similar
results: universities are forced to make
up the difference in other ways.
Tuition has increased, but
the real cost of education
hasn’t gone up.
Fethke said the biggest misconception
about tuition rates is between price
and cost.
1
https://www.maui.uiowa.edu/maui/pub/tuition/rates.page.
2
University of Iowa Financial Summary 1960-1961, University Archives LD2553.A3 Box 6.
Winter 2019–20 b 3

Cover story continued
ANNUAL IN-STATE
TUITION ADJUSTED
FOR INFLATION
1961
TUITION:
$1,967
Gary Fethke
Jose Duran
2017
TUITION:
$10,312
“Price is what
people pay and
the cost is what
goes into making
the product.”
– Gary Fethke
“Price is what people pay and the cost
is what goes into making the product,”
says Fethke. “List tuition has gone way
up, so everybody says, ‘Well, the cost of
education has gone way up.’ No, it hasn’t.
The cost of education has been relatively
flat for a decade in real terms, and the
cost of instruction in the United States
is relatively flat or slightly declining.”
Instead, the cost of education has shifted
from the taxpayer to the student.
Fethke would know. After graduating from
Iowa in 1964, he went on to earn a Ph.D.
in economics and co-authored Public No
More, a 2012 book that offered an
unsentimental examination of how public
universities could survive in light of waning
state support.
As state appropriations have inched lower
and lower, the price of instruction — tuition
— hasn’t increased at nearly the same rate.
The UI now charges one of the lowest
in-state tuitions in the Big 10.
A full-time, freshman-level, in-state business
student at the University of Illinois Gies
College of Business will pay $21,214 in tuition
and fees in the 2019-2020 academic year
compared to the Tippie College’s $11,332.
The University of Illinois only receives
10 percent of its FY20 general education
budget from state appropriations. 3
Gies was ranked #19 in the 2020
U.S. News & World Report and Tippie was
ranked #31.
“It’s scandalous,” said Fethke. “You can
say, ‘Well, we like to provide access,’ but
then on the other hand, you want to be
competitive with your peers. That kind
of a gap challenges quality.”
The university is attempting to backfill the
sizeable budget hole that isn’t covered by
tuition and state appropriations with private
fundraising, grants and contracts with
government and industry, and by licensing
intellectual property.
“Gary [Fethke] has been very influential
in helping the University of Iowa understand
that we must take control of our fiscal future,”
UI President Bruce Harreld said. “We can
no longer depend on state and federal
governments to fund our teaching and
scholarship. Instead, we need to explore
more creative financing mechanisms and
deepen our relationships with industry
and alumni.”
A significant percentage of university
activities collect their own revenue and
cover their own costs including Iowa Athletics
and UI Housing and Dining. Thanks
to growing graduate and undergraduate
enrollments, as well as new program
development, Tippie is a net revenue
generator for the university. The college
also benefits greatly from increased donor
support, revenue generation from off-campus
programs for working professionals, grant
support, and supplemental tuition.
Tippie’s careful stewardship of its resources
can now be seen and rewarded under the
university’s new approach to budgeting.
Buckle up. We’re about to talk
about university budget models.
Without getting too inside baseball, historically
one of the challenges in responding to the
fluctuations in university funding sources has
been a lack of clarity about how dollars flow
into the university and out to the colleges;
and how efficient various colleges are
in using those resources. Beginning FY19,
the university moved to a modified version
of a “Responsibility Center Management”
or RCM budget model, under which revenues
and expenses in the campus academic
budget are fully transparent.
3
Source: University of Illinois Office of the Provost.
4 b UI Tippie College of Business

It also changed how revenue is allocated
to university colleges.
“The RCM model takes a very different
philosophy and says you should eat what you
catch,” Dean Sarah Fisher Gardial explained.
“The more tuition you bring in, the more you
get to keep. It allows us to be market-driven
and grow new programs.”
The decision to close the Full-time MBA
Program preceded the introduction of the
RCM budget model, Gardial says, but the new
budget model incentivizes collegiate units
across campus to take a hard look at where
their unit is bringing in revenue and where
it is losing revenue. Units that make valuesbased,
financially strategic adjustments have
a better chance of surviving, and thriving.
“Our college has always been marketdriven,”
says Gardial. “What we’re finally
seeing with RCM is an alignment of a funding
model with a philosophy that we’ve always
had, which is ‘What do our students need?’
Whether it’s undergraduate students or
working professionals needing continuing
education, we are following that need. And
now the stars have aligned as our strategy
maps onto the new campus funding model.”
But what about all the
facility upgrades?
Within the Pappajohn Business Building,
the Pomerantz Business Library has
undergone a complete transformation
in the past two years. The finance lab has
moved from a small former break room
to a new suite with Bloomberg terminals
on standing desks, expanded study space,
state-of-the-art instructional technology,
and key card access.
All of this was 100 percent donor financed.
Keeping up the curb appeal of Tippie
is important when competing for students.
Especially when the college looks toward
the future: both opportunities and risks.
Remember the 2008 economic disruption?
One of the effects of the financial fallout
was American millennials delayed starting
families. Even with the national economy
cranking again, birth rates haven’t
recovered to pre-2008 levels.
Nathan Grawe, a labor economist at
Carleton College, is forecasting a 15 percent
decrease in the typical college-attending
population beginning in 2026. Regional
forecasts are even bleaker, projecting a
“The RCM
model takes
a very different
philosophy and
says you should
eat what you
catch. The more
tuition you bring
in, the more you
get to keep. It
allows us to be
market-driven
and grow new
programs.”
– Dean Sarah Gardiel
ANNUAL TUITION + FEES FOR FULL-TIME,
IN-STATE FRESHMAN BUSINESS STUDENT (2019-20)
$20,000
$15,000
$10,000
$5,000
$21,214
$18,450
$17,236
$16,494
$15,915
$14,524*
$12,754
$12,227
$12,000
$11,428
$11,332
$10,779*
$9,849
$0
Giles College of
Business (Illinois)
Smeal College of
Business (Penn State)
Carlson School of
Management (Minnesota)
Ross School of
Business (Michigan)
Rutgers Business
School (New Jersey)
Eli Broad College of
Business (Michigan State)
Fisher College of
Business (Ohio State)
Kelley School of
Business (Indiana)
Wisconsin School
of Business
Krannert School of
Management (Purdue)
Tippie College of
Business (Iowa)
Robert H. Smith Business
School (Maryland)
Nebraska College
of Business
* Additional supplemental
tuition charged beginning
junior year.
Winter 2019–20 b 5

Cover story continued
$1.2
MILLION
Tippie
designated
undergraduate
scholarships
distributed
in FY19.
19 percent drop in the number of
students attending four-year institutions
like Iowa.
Gardial says the UI is set up well to
weather this transition because it’s a
comprehensive Big 10 university with
a distinctive value proposition: relatively
low tuition coupled with a stellar academic
ranking and reputation. However, it doesn’t
mean the university can be complacent.
“Once you start shrinking the supply,
the colleges that are left standing
are going to be very aggressive about
going after the students that they
want,” Gardial said. “That means we’re
going to have to be very competitive
as well.”
At the end of the day,
it’s about our Hawkeyes.
More than 60 years separate Fethke and
Duran’s experiences as business students
at Iowa, but they have a lot in common.
Both came here as hardworking Iowans,
first-generation college students trying
to work their way through without financial
help from home.
The underlying economics of how people
pay for college has changed dramatically
since the 1960s. Society has largely
abandoned talk about students putting
themselves through college all on their
own. Instead, talk has shifted to how
families pay for college. And with their
advocacy, mentoring, and giving — again
and again — the Hawkeye family has
stepped up to help each other and guarantee
student success for the next generation. b
6 b UI Tippie College of Business

JOHN PAPPAJOHN ENTREPRENEURIAL CENTER
The John Pappajohn
Entrepreneurial
Center (Iowa JPEC)
is the hub for
entrepreneurship
education and
outreach at the
University of Iowa.
ENROLLMENT
5,495
UI STUDENTS ENROLLED
IN ENTREPRENEURSHIP
COURSES (FY19)
STUDENT PITCHES
450
STUDENTS PITCHED
AN IDEA AT AN IOWA
JPEC COMPETITION (FY19)
BEST UNDERGRAD PROGRAMS
#
16
BEST UNDERGRAD PROGRAMS FOR ENTREPRENEURS IN 2019
(PRINCETON REVIEW, ENTREPRENEUR)
FOUNDERS CLUB PROGRAM
IOWA JPEC SUPPORT
650
STUDENT BUSINESSES SUPPORTED
THROUGH THE FOUNDERS CLUB
PROGRAM SINCE 2004
IOWA
JPEC
811
IOWA BUSINESSES RECEIVED
SUPPORT THROUGH IOWA JPEC
PROGRAMS (FY19)
VENTURE SCHOOL PROGRAM
52
NEW IOWA STARTUPS COMPLETED
THE VENTURE SCHOOL PROGRAM (FY19)
CONSULTING SERVICES
IOWA BUSINESSES RECEIVED CONSULTING
SERVICES BY UI STUDENT AND FACULTY
100TEAMS (FY19)
INSTITUTE FOR INTERNATIONAL BUSINESS
29
INTERNATIONAL CONSULTING CASES COMPLETED
BY UI STUDENTS THROUGH THE INSTITUTE FOR
INTERNATIONAL BUSINESS (FY19)
JACOBSON INSTITUTE
29,939
YOUTH IMPACTED BY JACOBSON
INSTITUTE K-12 INNOVATION AND
ENTREPRENEURSHIP CURRICULUM (FY19)
Winter 2019–20 b 7

TIPPIE Research
I
CAN’T
LET THIS
GO.
WHY THE ‘LIFE-CHANGING MAGIC’
DOESN’T ALWAYS HAPPEN.
Tidiness expert Marie Kondo has sold millions of books touting
her KonMari Method, the “life-changing magic” of clearing out
the stuff in our homes. Her Netflix show often centers on the
emotional struggle participants have in just letting go. Tippie marketing
professors Jing (Alice) Wang and Catherine A. Cole have identified one
source of the emotional struggle: loneliness.
8 b UI Tippie College of Business

Studies show that the number of people
in our society who feel lonely is growing,
and that young people, Millennials and
members of Generation Z, are especially
prone to episodes of loneliness.
Often when we think of “lonely people,”
we imagine those in complete social
isolation. But Cole says that research
on loneliness can also include that feeling
of being friendless and disconnected
— even temporarily.
“For example, when consumers make
decisions about how to get rid of multiple
possessions, perhaps when they are
moving, it is a time when they are likely
to feel lonely. This could make it more
difficult for them to empty out a house
or apartment,” says Cole.
Wang has already investigated how
feelings of loneliness can lead some of us
to buy things we don’t need, but with this
new research she hopes to discover how
loneliness affects “dispossession” — the
act of parting with our belongings.
“Even though technology has made it
easier to keep in touch with family and
friends, there are more people than
ever who feel isolated,” says Wang.
“Marketers are paying attention to this
lonely segment of consumers because
loneliness affects a variety of consumer
behaviors, including shopping sprees
and strategic consumption.”
People who feel lonely are more likely
to form attachments to material objects
and therefore may find it harder to give
an unwanted piece of clothing to Goodwill
or take an old piece of furniture to the
landfill. Wang and Cole are the first
researchers to look at how loneliness
affects dispossession. The issue has
a number of potential impacts on the
environment, the non-profit sector,
and even supply chain management.
At a time when more and more
communities are looking for solutions
to waste, including the reuse of
household items, investigating the
connection between loneliness and
disposition could help improve public
and environmental policies.
The research also has an interesting
application to those that study supply
chain. A spike in loneliness and a
significant dip in the desire to part
with unneeded items could be disruptive
for non-profit donation sites such as
Goodwill, says Wang.
“Unlike forward-oriented supply chains,
one unique difficulty in managing product
recovery is greater uncertainty because
consumers, rather than manufacturers,
are the suppliers. Thus, the quality,
quantity, and timing of such supplies
are hard to predict,” says Cole. “Given
this uncertainty, it is important to
understand the factors influencing
consumer dispossession decisions.”
The two professors, who are also working
with Tippie doctoral student Bingyan Hu,
presented their research at the annual
Association of Consumer Research
meeting in October where it was
recognized as the 2019 Best Working
Paper of the Year. Both Cole and Wang
are Henry B. Tippie Research Fellows. b
Winter 2019–20 b 9

COLLEGE News
Want up-to-date news
about the research,
programs, students,
faculty, and staff in the
college? Subscribe to our
monthly e-newsletter at
tippie-news@uiowa.edu.
TIPPIE
FACULTY
AND STAFF
RETIREMENTS
b Joyce Ruplinger,
Chief Financial
Officer, Dean’s
Office
b Fletcher Williams,
Facilities Coordinator,
Dean’s Office
b Trish Whidby,
Departmental
Administrator,
John Pappajohn
Entrepreneurial
Center
DEAN SARAH FISHER GARDIAL
ANNOUNCES DEPARTURE
On October 23, 2019, Dean Sarah Fisher
Gardial announced that she will be will
be departing from the college. Gardial will
become the dean of the Massey College of
Business at Belmont University in Nashville,
Tenn. on March 1, 2020.
“I am at an age where one begins to plan last
chapters,” said Gardial. “While I could happily
remain here and continue the good work that
is never finished, I also feel I have the juice
for one more opportunity, one more hill to
climb, and — equally important — I want
to be closer to my family.”
During her tenure at the college, Gardial
led the college’s expansion into specialty
master’s programs and made tough decisions
regarding the strategic use of college resources
including the closure of the college’s Full-time
MBA Program and the expansion of a new
Online MBA Program that rolled out this
fall. She also helped secure the college’s
extension of AACSB accreditation.
“Sarah has set up our college to move
confidently forward with our mission
during this time of transition,” said
Amy Kristof-Brown, senior associate dean
of the college. “Our staff and faculty are
powerfully aware of who we are as a college,
what sets us apart, and how we will be
leaning into our strengths. We will continue
to engage with alumni and corporate
partners to provide innovative pedagogy
and world-class scholarship.”
Montserrat Fuentes, executive vice president
and provost, is expected to name an interim
dean while the university conducts a search
for Gardial’s replacement.
10 b UI Tippie College of Business

FULL-TIME MBA GRADUATES ITS FINAL CLASS
It’s the end of an era. On May 11, 2019, the
college graduated its final class from the
Full-time MBA Program. Iowa-based company
RAYGUN designed a shirt to commemorate
the closing (and exclusivity) of being a
graduate of the Full-time MBA Program
from the University of Iowa.
The Full-time MBA Program at the University
of Iowa was established in 1961, becoming
the 65th such program in the country. The
college added what became the Professional
MBA Program in 1966 and the Executive
MBA Program in 1977. The college launched
its Online MBA Program this fall.
NEW ASSOCIATE DEAN FOR RESEARCH
AND PhD PROGRAMS NAMED
Nick Street, the Henry B. Tippie Research
Professor of Business Analytics, was recently
appointed associate dean for research and
PhD programs at the college. From 2012-2018,
Street served as department executive officer
of the Department of Business Analytics.
He holds co-appointments with the
Department of Computer Science, the
Interdisciplinary Graduate Program in
Informatics, and the College of Nursing.
College News continued on page 14.
Winter 2019–20 b 11

Recent renovations add more study areas
and work spaces for Tippie students.
12 b UI Tippie College of Business

Winter 2019–20 b 13

COLLEGE News
Many of Collins’ former
doctoral students – now
leaders in financial accounting
research and industry –
were on hand to celebrate
his legacy.
ACCOUNTING FACULTY MEMBER
RECEIVES LIFETIME ACHIEVEMENT AWARD
Surrounded by his
“academic children,”
Daniel W. Collins
(BBA68/PhD73)
accepted the 2019
Lifetime Achievement
Award from the Financial
Accounting and Reporting
Section of the American
Accounting Association in August. The award
is given to research trailblazers whose work
spans at least 20 years and whose cumulative
academic impact is ongoing.
At the award ceremony in August 2019,
Edward Maydew (PhD93), professor of
accounting at the University of North Carolina,
focused on the legacy of Collins’ mentorship
of graduate students over his 40+ year career.
“Your teaching, ways of approaching research,
and ways of thinking will persist for years to
come,” remarked Maydew.
The college congratulates Collins on this
recognition and for the many thought
leaders in the academic profession he
has mentored.
14 b UI Tippie College of Business
COLLEGE RISES IN LATEST
‘U.S. NEWS’ RANKINGS
The Tippie College of Business is ranked
19th among public undergraduate business
programs, up from 22nd, in the latest rankings
published by U.S. News & World Report.
“Our college’s brand is rising,” says Dean
Sarah Fisher Gardial. “This reputation for
excellence is one that is built brick by brick
over many years by a dedicated and innovative
team of faculty and staff. I’m proud our
college continues to rank highly among
the strongest and most competitive schools
in the country.”
This ranking rise mirrors the University
of Iowa’s own. The university as a whole is
now ranked 34th among public universities,
up from 38th last year. The university also
ranked 52nd on the Best Colleges For Veterans
list and 77th on the Most Innovative Schools list.

TIPPIE COLLEGE OF BUSINESS ACHIEVES
100 YEARS OF ACCREDITATION BY
GLOBAL BUSINESS ASSOCIATION
The Tippie College of Business announced
the maintenance and extension of its
accreditation by AACSB International for
the college, overall, as well as for accounting,
specifically. This designation ensures that
Tippie meets standards of excellence,
rigor, and commitment to continuous
improvement for business schools.
“Accreditation by AACSB is the gold
standard among business schools worldwide,
and the Tippie College of Business has held
this accreditation continuously since 1923,”
says Dean Sarah Fisher Gardial. “This five
year extension will take us to a full century
of being recognized as one of the top
business schools in the world.”
AACSB is the longest serving global
accrediting body for business schools that
offer undergraduate, Master’s, and doctorate
degrees in business. Accreditation by AACSB
has been earned by fewer than 5 percent of
the world’s business schools. Today, more
than 687 business schools in 45 countries
and territories have earned AACSB
accreditation, while 182 institutions hold an
additional specialized AACSB accreditation
for their accounting programs.
Achieving accreditation is a process
of rigorous internal review, evaluation
by external teams, and responsiveness
to the association’s recommendations
for improvement. AACSB requires each
school develop an accreditation plan that
addresses high-quality teaching environment,
innovative scholarship and research, and
active engagement with industry. In order
to maintain accreditation over time,
all accredited schools must go through
a continuous improvement review process
every five years, focusing on three
performance dimensions: engagement,
innovation, and impact.
BUSINESS ANALYTICS LAUNCHES WOMEN
IN ANALYTICS AND LEADERSHIP CONFERENCE
As part of a multi-prong strategy to
recruit more women to the discipline,
the department of Business Analytics hosted
the first annual Women in Analytics and
Leadership Conference on Sept. 21. Over
100 undergraduate students from Iowa and
three surrounding states attended.
“We had an incredible turnout. Our goal
was to offer students examples of analytics
in the real world as well as new analytics skills
and strategies for helping be successful on
the job,” said Barrett Thomas, department
executive officer for Business Analytics.
“With the help of our corporate partners
from the Tippie Analytics Cooperative,
I think that we were able to do that.”
University of Iowa Executive Vice President
and Provost Montserrat Fuentes, who was
a professor of statistics and biostatistics at
Virginia Commonwealth University before
coming to Iowa, gave the keynote address.
The day-long conference included
industry representatives from UnityPoint
Health, Principal, Collins Aerospace, EY,
Data Crunch, and AArete presenting on
the role of analytics in their industries.
Additionally, Storytelling with Data
donated a workshop on how to tell
effective stories with data.
State Farm has generously agreed to
support the 2020 conference. Additional
sponsorship opportunities are available.
Winter 2019–20 b 15

COLLEGE News
THE INSTITUTE FOR INTERNATIONAL
BUSINESS (IIB) MARKS 20 YEARS
OF SERVICE AND LEADERSHIP
Founded in 1999, IIB has worked to
connect locally while engaging globally
through international research, education,
and consulting resources. In 2014, IIB
became a partnership between the Tippie
College of Business and the John Pappajohn
Entrepreneurial Center at the University
of Iowa.
While the mission has remained consistent
over the past two decades, IIB has expanded
its reach in the last five years to include
entrepreneurship and innovation programs
on campus and abroad.
This includes:
b Guiding UI students in the completion
of 57 international consulting projects.
b Partnering with UI College of Nursing
in the Hawkeyes in Haiti initiative.
Through the program, young entrepreneurs
are being trained in rural areas in the
southern peninsula of Haiti.
b Hosting the Mandela Washington Fellowship
Program for four straight years for a total
of 100 UI Mandela Washington fellows
trained as of August 2019.
b Partnering with the American Chamber
of Commerce in Haiti and the Georgia
Haitian-American Chamber of
Commerce, Inc. as part of the Business,
Entrepreneurship, and Leadership
Initiative for young Haitian entrepreneurs.
Eleven Haitian entrepreneurs attended the
Venture School in Iowa City in July 2019.
TWENTY YEARS OF GLOBAL IMPACT
16 b UI Tippie College of Business

ALUMNI News
L achievements
ost track of a classmate? Looking to connect with Tippie alumni in your area?
Check out the career moves, professional accomplishments, and personal
of alumni and classmates below, and then send us your news.
2010s
Jordan R. Allen (BBA19)
is a sales development
representative at Granular
in Johnston, Iowa.
Ethan Altmayer (BBA19)
is an accounting rotational
business associate with CNA
Insurance in Chicago. In the
two-year program, he moves
positions every eight months
to learn more about the
company.
Lauren E. Augustin (MBA12)
was named vice president of
Product Transformation and
Delivery with Grinnell Mutual.
She was most recently the
assistant vice president for
Personal Lines and Farm
Underwriting.
Chris J. Baker (MBA15) is
now a senior vice president at
Visa. Previously he spent 15 years
with the management consultant
firm Oliver Syman where he
was a partner in the retail and
consumer goods practice.
Justin P. Bishop
(MBA15) was
named to the
Corridor Business
Journal’s “Forty
Under 40” 2019
list. Bishop is an associate
principal at OPN Architects
in Iowa City.
Sara M. Bultsma (BBA19)
is an investment analyst with
BMO Global Asset Management
in Chicago.
Jennifer M. Burkart (BBA14)
has accepted a position at the
University of Iowa as an
accountant.
John R. Corbeil (BBA10/
MHA12) is chief executive
officer of HCA Houston
Healthcare’s Kingwood
Medical Center.
Patrick M.
Cornally
(BBA12)
was recently
promoted
to investment
banking vice president at
Barclays in New York City.
Brooke E. Davis (BBA19)
is a management trainee
with Enterprise. She lives
in Tampa.
Erin M. Dunn (BBA95)
is the business operations
manager at LWCC Inc.
in San Diego, California.
Cecilia C. Faber (BBA18)
is a sales consultant with
Johnson Brothers Liquor Co.
in the Twin Cities.
Andrew Guth (BBA19)
is an analyst with Quantum
Real Estate Advisors in Chicago.
T’Shailyn M.
Harrington
(BBA19) is
the community
engagement
manager at
Shelter House in Iowa City
where she oversees fundraising
and other aspects of
development for the
organization.
Lee P. Henely (BS13)
is an investment banking
associate in Asia Mergers
& Acquisitions with Bank
of America Merrill Lynch.
Steven P.
Hensley
(BBA15) was
promoted to
workday prism
consultant with
Accenture in Chicago.
Jenna C. Herr
(BBA13) joined
A.T. Kearney as
a senior risk and
compliance
specialist after
completing an MBA at the
University of Wisconsin-Madison
School of Business. She was
named to Poets & Quants list
of 2019 MBAs to Watch.
Alyssa R.
Hoffmann
(BBA19)
started a
merchandising
position with
Kohl’s buying office.
Lindsay A. (Wallace)
Huxter (BA11) is deputy
team lead at Barts Health NHS
Trust in London.
Kong Vai Chan (MBA14) is president of the
China Europe International Business Association.
He lives in Macao, an autonomous region on the
south coast of China.
An online information
update form is available
at tippie.uiowa.edu/
alumni/update, or
you can send a note
to Ashley Durham,
Tippie College of Business,
108 John Pappajohn
Business Building,
University of Iowa,
Iowa City, IA 52242-1994
(or email tippie-alumni
@uiowa.edu).
Winter 2019–20 b 17

ALUMNI News
GUSTAFSON
FLYING HIGH
IN THE WMBA
Hard work pays off
– just ask Megan
Gustafson (BBA19).
In her final season
playing basketball
for the Hawkeyes,
she set record after
record and was
named ESPNW
National Player of
the Year, AP Player
of the Year, and was
a Naismith Trophy
winner. She now plays
for the Dallas Wings.
“Her work ethic is just
off the charts,” coach
Brian Agler told The
Dallas Morning News.
Leyuan Li (BBA19) is a
property accountant with
Cushman & Wakefield.
Madeline J. Lindquist
(BBA19) is a marketing intern
with WSB & Associates in Golden
Valley, Minnesota.
Kelsi Ludvicek
(BA16) is an
associate regional
marketing
manager for
Integrated DNA
Technologies in Coralville, Iowa.
She reports her undergraduate
experience as vice president
of marketing and executive vice
president of the University of
Iowa Women in Business has been
critical to her career success.
Jaison Marks (BS17), a
current Masters of Finance and
biomedical engineering student,
led a team that won $25,000
in the 2019 Pappajohn Iowa
Entrepreneurial Venture
Competition. They placed
second overall with their medical
technology startup CartilaGen,
which is commercializing an
intra-articular injection of a
small-molecule drug capable
of preventing posttraumatic
osteoarthritis.
Ashley L. Moore
(BBA13) was
named to the
Corridor Business
Journal’s “Forty
Under 40” 2019
list. Moore is the events and
social media marketing manager
at the Corridor Business Journal.
Matt T. Moran
(BBA18) received
a 2018 Elijah Watt
Sells Award. To
qualify for the
award, CPA
candidates must obtain a
cumulative average score above
95.50 across all four sections of
the Uniform CPA Examination,
pass all four sections on their
first attempt, and have completed
testing in 2018. The award was
established in 1923 by the
American Institute of CPAs.
Moran is a capital markets and
accounting advisory services
associate with PwC in Chicago.
Jenna K.
Pokorny
(BBA19) was
awarded the
Distinguished
Student Leader
Award at the 102nd Finkbine
Dinner on April 23, 2019.
Matthew T. Sadler (BBA19)
is an associate financial analyst
with Exelon. He lives in
Lockport, Illinois.
Mallory M. Smith (BBA17)
recently attended Deloitte
University for an annual training
with a fellow Tippie alumnus.
Rachael Mullins Steiner
(MBA15) was recently named
president and CEO of the
Putnam Museum & Science
Center in Davenport, Iowa.
Sydney G.
Verdi (BBA18)
is a financial
advisor at Baird
in Davenport,
Iowa.
Jeralyn G.
Westercamp
(BBA14) was
named to the
Corridor Business
Journal’s “Forty
Under 40” 2019 list. Westercamp
is a member of the Tippie
Young Alumni Board.
Sydney E. Wientjes (BBA19)
joined Power Equipment
Direct, an e-commerce
company, as a search engine
optimization specialist. She
lives in Aurora, Illinois.
2000s
Doug J. Bottorff (MBA08)
was named vice president and
office director with Shive-Hattery
in Iowa City. He has held a
variety of management roles in
his 23 years with the company.
John P. Eggum
(BBA05/JD08)
was recently
awarded the
2019 President’s
Commendation
by the Illinois Defense Counsel.
Adam M. Ellis
(BBA06) was
recently promoted
to chief operating
officer for Aon’s
commercial risk
solutions claims organization
based in Chicago, focused
on target operating models,
talent management, and data
and analytics.
Mayuri N.
Farlinger
(BBA04),
director
of revenue
management
with Alliant Energy in
Cedar Rapids, Iowa, was
recently recognized by
the nationally distributed
Public Utilities Fortnightly in
its list of “Fortnightly Under
Forty 2019.”
Roberto
Gutierrez
(BBA04)
was named
director
of finance
of 3M Brazil in January 2019.
He and his family are on
a two year assignment in
Sumaré, Sao Paulo, Brazil.
Clint D.
Hinderaker
(BBA03)
was named
to the Corridor
Business Journal’s
“Forty Under 40” 2019 list.
Hinderaker, a former member
of the Hawkeye football team,
is now the senior managing
director at Principal Financial
Group’s Eastern Iowa
Business Center.
18 b UI Tippie College of Business

Michael P. Hubbard II
(BBA07) is a portfolio manager
at Thrivent Mutual Funds in
Minneapolis.
Jane M. Merten (BBA00/
MBA06) is owner of All
Out Naturals, a North Liberty,
Iowa-based company that makes
organic personal care products.
Thomas P.
Mulrooney
(BBA03/MHA05)
is chief operating
officer at
Des Moinesbased
UnityPoint Health,
Iowa Lutheran Hospital, and
Methodist West Hospital.
Amanda L.
(Miller) Kroman
(BBA02) is
ePMO program
manager at
Google Fiber
in Kansas City, Missouri. She
is a member of the college’s
Professional Accounting
Council.
Alumni News continued on page 20.
TIPPIE ONLINE
b tippie.uiowa.edu
b facebook.com/TippieIowa
b instagram.com/Tippie
College
b LinkedIn: Search for
University of Iowa Tippie
College of Business
b twitter.com/TippieIowa
The new Tippie Webinar Series offers online learning opportunities
for alumni and friends to interact with Tippie’s outstanding faculty.
Available Now
Better Together
Nurturing Supportive Relationships in the Workplace
With Professor Amy Colbert
Available Now
Fourth and Inches. Go for It?
What Sports Analytics Can Tell Us About Decision Making On and Off the Field
With Associate Professor Jeffrey Ohlmann
Coming February 2020
Why the World Needs More Women Leaders
(And Men Willing To Work With Them)
With Dean Sarah Fisher Gardial
Coming May 2020
Generation NeZt
Understanding Millennials and Gen Z in your Workplace
With Senior Associate Dean Amy Kristof-Brown
Coming September 2020
We Need to Talk
Addressing Difficult Topics in the Workplace
With Professor Amy Colbert and Associate Professor Eean Crawford
The Tippie Webinar Series is an initiative of the Tippie Alumni Relations Office.
Don’t miss the next one! Visit tippie.uiowa.edu/update to join our mailing list.
Past webinars can be viewed on our YouTube channel; search: “Tippie College of Business.”
Winter 2019–20 b 19

ALUMNI News
Hire the best.
Hire a Hawk.
Handshake @ UIowa
is the new online
job and internship
recruiting system.
To get started visit:
careers.uiowa.edu/
handshake
Editor’s Note: Alumni News
are submitted by alumni and
are not verified by the editor.
While we welcome alumni
news, Tippie Magazine is not
responsible for the information
contained in these submissions.
Tyler A. Scheppmann
(BBA07) is the vice president
of investor relations at Dermody
Properties in Chicago.
Mike R.
Smetana
(BBA04) has
been promoted
to Rittal North
America’s
executive team as senior sales
director. Smetana was previously
Rittal’s sales director of the
north region and most recently
served as director for the
U.S. channel.
Stephen J. Timm (MBA02)
was recently named head of
avionics at Collins Aerospace.
Marie L. Todd (BBA04)
a business advisory services
leader for Slalom consulting
company in Austin, Texas,
recently hosted a Future
Workplace session at the South
by Southwest Festival.
Mark F.
Trocinski
(MBA05/JD05)
recently joined
the labor and
employment law
firm Fisher Phillips in Memphis.
1990s
Kimberly Radaker Bays
(BBA99) is the founder
and CEO of the Exponential
Property Group and its associated
companies, with a focus primarily
on multifamily Real Estate, since
2012. She lives with her family
in Southlake, Texas.
Melanie
L. Boulden
(MBA98)
was appointed
president and
general manager
of The Coca-Cola Company’s
Venturing & Emerging Brands
division. She was also named
to the Ad Age list of “Women
to Watch U.S. Class of 2019.”
Andy M. Glynn (BBA96)
is a supply chain director with
Kimberly-Clark. He lives in
Bentonville, Arkansas.
Lynn K. Harland (PhD91)
was named interim dean
of the College of Business
Administration at the University
of Nebraska-Omaha.
Nicole M.
Johnston
(BBA94) is head
of Pet Healthcare
at Boehringer
Ingelheim.
James D. Klein (BBA95/
MBA03) is president of Cedar
Rapids Bank and Trust.
R. Saffin Parrish-Sams
(BBA93/JD98) an attorney
at Soldat & Parrish-Sams in
West Des Moines, is president
of the Iowa Association
for Justice.
Megan M. Runyon (BBA98/
MBA07) is the vice president of
Human Resources at McKesson.
She lives in Grapevine, Texas.
Barry S. Sackett (BBA90/
JD94) recently joined
Goosmann Law Firm in Sioux
City, Iowa as corporate counsel.
Mary J. Schulte (BBA97)
is retiring after 40+ years
as a software developer and
IT project manager at Pearson,
NCS and Westinghouse. She
is staying active in Toastmasters,
traveling with her husband and
family, and spending time with
her three grandchildren.
Tori K. Stafford (BBA98)
has joined the University of Iowa
as director of purchasing for
Purchasing and Accounts Payable,
Finance and Operations. Stafford
was most recently the director
of compliance for UnityPoint
at Home, a senior affiliate of
UnityPoint Health. She was
previously the executive director
of Compliance and Medical
Affairs of Allen Hospital in
Waterloo.
Stacey J. Valy
Panayiotou
(BBA94),
executive
vice president
of human
resources at Graphic Packaging
International, was recently
awarded the Tracy Garner
Outstanding Alumnae
Achievement Award for
Contribution to Profession by
Alpha Delta Pi. She is a member
of the Tippie Advisory Board.
1980s
Mary Lynn Fayoumi (BBA86)
is the president and CEO of
HR Source, and recently joined
World at Work’s Association
Board of Directors. She lives
near Chicago.
Dan V. Halstrom (BBA83)
is the president and CEO of
the U.S. Meat Export Federation.
In Aug. 2019, he participated
in a signing ceremony at the
White House announcing a
trade deal to expand U.S. beef
exports in the European Union.
Peter J. Hlavin
(BBA80),
a former Hawkeye
track and field
walk-on, placed
second in the
high jump (men’s 60-64) at the
2019 National Senior Games.
Dawn S. Jindrich (BBA86)
was promoted to Linn County
finance director. She had served
as the Linn County budget
director since 1994. She lives
in Cedar Rapids, Iowa.
Steve J. Klyn (BBA88/
MBA98) has been appointed
chief financial officer of Life
Fitness. Klyn worked with KPS
Capital Partners since 2012
as chief financial officer of
one of its portfolio companies,
International Equipment
Solutions, a market-leading
manufacturer of engineered
equipment.
20 b UI Tippie College of Business

UI President Bruce Harreld
(left), and Vice President for
Student Life Melissa Shivers
(right), presented the
Hancher-Finkbine Alumni
Medallion to Dale Baker
(BBA68) (center).
ALUMNUS AWARDED HANCHER-FINKBINE
ALUMNI MEDALLION
Dale Baker (BBA68) received one of the university’s highest alumni honors at
the 102nd Finkbine Dinner on April 23, 2019. Hancher-Finkbine Medallions recognize
leadership, learning, and loyalty. Baker has long given back to the college and the
university as a whole. Baker provides support for faculty summer research stipends
and more than 40 scholarships in the Tippie College of Business. He served on the
Department of Accounting’s Professional Accounting Council for three years, joined
the board of the UI Alumni Association in 1998, and served as the chair of the finance
committee and later president of the board. He also served as a member of the Tippie
Board of Visitors (now the Tippie Advisory Board). He currently serves on the UI Center
for Advancement Board of Directors and on its executive committee.
Kevin S.
Stachour
(BBA82)
is the founder
and owner
of KSS Travel
& Event Management in
West Des Moines, Iowa.
Ellen A. Willadsen (BBA82)
chief financial officer at Holmes
Murphy & Associates, received
the Outstanding CPA in Business
and Industry award. The award
recognizes the achievements of
an Iowa CPA who exemplifies and
promotes the CPA designation
as the definitive professional
credential for financial managers
in business, industry, education
and government.
Cathy Zaharis (BBA82),
professor of practice at the
Tippie College of Business,
was recognized as Outstanding
Volunteer Fundraiser at the
Association of Fundraising
Professionals’ Eastern Iowa
Chapter annual awards luncheon.
1970s
Jeff Dicker (BBA78) joined
Career Life Academy as regional
vice president of client programs.
He lives in Dallas, Texas.
Gary R. Keoppel (BBA71)
has been inducted into the
Cedar Rapids Professional
Baseball Hall of Fame.
Isaac White, Jr. (BBA74)
was inducted into the Tennessee
Secondary School Athletic
Association (TSSAA) on
Saturday April 13, 2019. Ike
coached football, basketball,
baseball, and wrestling during
his 25 year coaching career.
Ike also served on the Board
of Control of TSSAA from
2006 to 2015. He recently
retired from Shelby County
Schools in Memphis, Tenn.
after 41 years including nine
as principal of area high
schools.
1960s
Janice Reals
Ellig (BBA68),
chief executive
officer of the
Ellig Group, was
featured as one
of the 2019 CEO Today Business
Women of the Year Award
winners.
Michael Rocca (BBA66)
received the Outstanding
Accounting Alumnus Award
from the college’s Department
of Accounting.
Jerre Stead
(BBA65) was
named executive
chairman and
CEO of Clarivate
after the merger
of his former company, Churchill
Capital Corp, with Clarivate
Analytics.
Larry D.
Hershberger
(BBA66) was
honored with
a Hawkeye
Distinguished
Veterans Award on
November 14, 2019.
Hershberger is a
U.S. Marine Corps
veteran and the
former director of
the Vaughan Institute.
He also endowed the
Vira G. Hershberger
Scholarship for
Veterans in the Tippie
College of Business.
Winter 2019–20 b 21

ALUMNI Feature
Bill Gates created software that transformed the world forever. As chief information
officer of the Bill & Melinda Gates Foundation, Sue Taylor (MBA01) enables
digital transformation at the charitable foundation.
Taylor leads a team of 100 full-time employees
that develop, implement, and maintain all the
enterprise applications and platforms that support
core business processes across the foundation.
She is also a member of the Operations Leadership
Team, which advances cross-functional digital
capabilities to support operational efficiency.
It’s an impressive job, and one that required a
significant career detour for Taylor who, before
landing the Gates Foundation job, led a much larger
team as vice president of applications and business
transformation at Honeywell Automation and
Control Solutions. As Taylor tells it, she only found
out about the Gates Foundation job because of
an email from a corporate recruiter asking her
if she knew someone who might be a good fit.
The name that Taylor sent back to the recruiter
wasn’t that of a friend or colleague, but her own.
After a series of interviews to ensure the “fit was
right,” Taylor was hired in 2016 to fill the role of
director of applications and data analytics platforms
in the Program Management Office, a move that
some might consider a step down. But Taylor wasn’t
thinking about titles; she wanted new opportunities
to learn and grow. Not long after she was hired,
Taylor was promoted to her current position as
the CIO.
Looking back, Taylor says the opportunity with
the Gates Foundation forced her to examine her
career from a different perspective and, in the end,
to choose a path that would lead her away from
a 33-year for-profit career at Honeywell, and put
her on a new path in the non-profit world. She says
the Gates Foundation’s philosophy that “every life
has equal value,” resonates with her and eventually
helped her make her final decision.
Nearly four years later, Taylor says she has no
regrets. Working at the Gates Foundation has
provided her opportunities to collaborate with some
of the most gifted and talented executives, scientists,
and global health experts in the world, and she
has also had the chance to sit in the same room
as former Secretary of State Madeleine Albright,
former President Jimmy Carter, and the Buddhist
monk and founder of the meditation app Headspace,
Andy Puddicombe. She’s also had a few opportunities
to communicate with Bill Gates about strategic
technology.
Taylor, who joined the Tippie Advisory Board
in Fall 2019, says that she is excited to work
with the dean and other board members to connect
more business programs with engineering, science,
and medicine, and to recruit more female students
into STEM/business fields, including business
analytics. She is also eager to convey to students
she meets the importance of seeing a degree
not as a career destination but as a doorway
to opportunities, adventures, and even more
learning experiences.
“The best careers are not usually linear,” says
Taylor. “There have to be some zigs and zags,
as well as some movement, some risk.” b
22 b UI Tippie College of Business

“It was hard walking
away from Honeywell,
but I made a personal
decision to make more
time for my family
and to work for an
organization where
we measure our success
by lives saved versus
revenue growth.”
– Sue Taylor
ALUMNI Feature | Sue Taylor | MBA01
Winter 2019–20 b 23

IN Memoriam
1940s
Paul V. Hoffmann (BSC40)
Louis C. Jurgensen (BSC42/MA47/
PhD51)
Robert H. Boegel (BSC43)
Walter L. Peterson (BSC46)
Leonard R. Brcka (BSC47)
Thomas G. McCracken (BSC48)
Francis W. (Jack) Smith (BSC48)
Claude L. Corzatt (BSC49)
Ralph N. Doran (BSC49)
John E. Evans (BSC49)
James D. Fencil (BSC49)
1950s
William H. Bahls (BSC50)
Genevieve Birchard (BSC50)
Robert C. Coonradt (BSC50)
Jack Larson (BSC50)
Roy D. Loven (BSC50)
Wendell L. Rehnblom (BSC50)
Robert L. Stephenson (BSC50)
Evan M. Tallman (BSC50)
Donald W. Wee (BSC50)
Herbert E. Williams (BSC50)
John K. Anundsen (BSC51)
C. Donald Howell (BSC51)
Arthur A. McGiverin (BSC51)
David H. Burke (BSC52)
Dick H. Deichmann (BSC52)
Grace A. Tyner (BSC52)
Robert E. White (BSC52)
Neale Kelley (BSC53)
Albert A. Montgomery (BSC53/MA55/
PhD60)
Clair E. Flieder (BSC55)
Janice Levsen Niehaus (BSC55)
Stanley L. Roseberry (BSC56)
Ray E. Holder (BSC57)
Donald L. Sternitzke (BSC57/MA69/
PhD63)
Jerry Alig (BA58/MA60)
Carroll L. Bennett (BSC58/MA60)
Carl E. Block (BBA58/MBA61/PhD69)
Sid C. Skaar (BSC58/MBA61)
1960s
George W. Phelps (BA60/MBA62)
M. E. Bond (BBA61/MA65/PhD67)
Thomas J. Lammers (BBA61)
John M. O’Connor (BBA62)
Jay D. Memler (BBA63)
Alan R. Seagren (BBA64)
James E. Slavens (BBA64)
David A. Sunleaf (BBA64)
John C. Cahill (BBA65)
John M. Warren (BBA65)
Ronald T. Gordy (BBA66)
Stephen J. Smith (BBA66/MBA69)
Fredrick R. Whorley (BBA68)
Richard DeLong Henstorf (BBA69)
Carol A. Myers (BBA69)
1970s
Gary A. Clemon (BBA72)
Stephen W. Ruth (BBA72)
Robert L. Burrus (BBA73)
James E. Kaiser (BBA73)
Martha K. Moreland (BBA74)
Terry J. Baty (BBA75)
David T. Nass (MBA75)
Jo Ellen W. Browning (BBA76)
Thomas C. Thrams (BBA76)
Carl C. Allard (BBA78)
1980s
Theresa H. Courtney (BBA80)
Deon Pitsor (BBA80)
Michael D. Huebsch (BBA81)
Jim C. Duster (BBA81)
Kevin F. Santry (BBA82)
Kyle M. Sothman (BBA82)
David N. Chambers (BBA83)
Celia B. Varick (MA84)
David L. Grove (BBA85)
Evan D. Coobs (BBA86/MA89)
1990s
Chris A. Courtney (BBA90)
Joseph P. Vargas (BBA90)
Kevin J. Smith (BBA96)
2000s
Mary Chinnok (BBA06)
2010s
Jami M. Cuddy (MBA12)
Charles Marberry
CHARLES EDWARD MARBERRY
(September 2, 1922 – April 6, 2019)
Emeritus Professor Charles Marberry, 96, passed
away on Saturday, April 6, 2019. Marberry was
a Professor of Finance and served as department
executive officer during his tenure.
“Charlie was a memorable character,” said Dean
Emeritus Gary Fethke. “For many people, he was
an inspiring teacher and a most-interesting person.
Over the years, I have encountered many successful
graduates who hold Charlie in highest esteem. He
added some spice and excitement to the college.”
Marberry received a BA and a PhD from the
University of Illinois-Urbandale, and an MA from
Stanford University. In addition to teaching at Iowa,
he also taught at the University of Arkansas and
the University of Delaware.
Prior to entering college, Marberry served in the
U.S. Army Air Corps from 1941-1944. Marberry met
his wife, Dorothy, through a blind date. After the
date, Charles informed his best friend, “I swear
on a Bible that I am going to marry that girl.” They
were married for almost 74 years.
The couple eventually settled in Iowa City. In addition
to teaching, Marberry was also a financial consultant
and expert witness, and active in civic and social
groups in the Iowa City area. Upon retirement,
Charles and Dorothy moved to their farm in Solon,
Iowa, where Marberry, among other things, became
a full-time “gentleman farmer.”
JAMES “JIM” SLAVENS
(June 15, 1942 – September 16, 2019)
The Tippie College of Business lost a friend and
supporter when James “Jim” Slavens passed away
on September 16, 2018. Slavens was a member
of the Institute for International Business Advisory
Board. He graduated from the college with a degree
in economics in 1964, and went on to earn a law
degree from the university in 1966. He served
as the president of Northwest Bank & Trust Co.
in Davenport, Iowa from 1976-1999.
24 b UI Tippie College of Business

THE UNIVERSITY OF IOWA
TIPPIE COLLEGE OF BUSINESS
LEADERSHIP
ADMINISTRATION
Sarah Fisher Gardial
Dean
Amy Kristof-Brown
Senior Associate Dean
David Frasier
Associate Dean
(Graduate Management Programs)
Kenneth G. Brown
Associate Dean
(Undergraduate Program)
Nick Street
Associate Dean
(Research and Ph.D. Programs)
Barbara Thomas
Executive Director of
Communication, Alumni,
and External Relations
Gregory Lamb
Executive Director of Development
for the Tippie College
of Business
University of Iowa Center
for Advancement
TIPPIE ADVISORY
BOARD
Stephen Belyn
Managing Director of Corporate
Finance & Restructuring
FTI Consulting
Alan G. Bunte
Co-founder and Board Member
CommVault
Joe Ceryanec
Chief Financial Officer
Meredith Corporation
Frederick J. Crawford
Executive Vice President and CFO
Aflac Inc.
Lois Eichacker
Director, Customer Success
CVM Solutions
Jack Evans
Chairman of the Board
The Hall-Perrine Foundation
Perry A. Glassgow
Vice President and Controller
Harley-Davidson Inc.
George Hiller
President and CEO
Hiller & Associates
Christopher J. Hoffman
Senior Partner
PricewaterhouseCoopers
Chris Klein
CEO and Board Member
Fortune Brands Home & Security
Inc.
Thomas A. Kloet
Chairman, NASDAQ Stock
Market LLC, Member, Board
of Directors
NASDAQ Inc. and Northern Trust
Mutual Funds
Kyle Krause
Chairman and CEO
Krause Group
Curtis K. Lane
Co-founder and Portfolio Manager
Concordant Partners
Julia M. Lawler
Executive Vice President and
Chief Risk Officer
Principal Financial Group
Jeffrey Lorenger
President and CEO
HNI Corporation
Eric Martin
Senior Vice President, Finance
Transamerica
Lura McBride
President and CEO
Van Meter Inc.
Doug McKeen
Senior Vice President,
Labor Relations
United Airlines
Leonard McLaughlin
Chief Diversity Officer
Federal Reserve Bank of Chicago
John Miclot
President and CEO
LinguaFlex
Laura Newinski
Vice Chair of Operations
KPMG LLP
Stacey Valy Panayiotou
Executive Vice President, Human
Resources
Graphic Packaging International
Maureen Sammon
President and CEO (retired)
HomeServices Mortgage
Trevor Schauenberg
President and CEO, GE Capital
Industrial Finance (retired)
GE Capital
Margaret (Peg) M. Stessman
CEO and Owner
StrategicHealthSolutions
Sue Taylor
Chief Information Officer
Bill and Melinda Gates Foundation
Yvette Taylor
Senior Vice President, Wealth
Management
The Northern Trust Company
Anne-Marie Thomas
Corporate Director
The Commonwell Mutual Insurance
Group and DUCA Financial
Services Credit Union
Michael J. Wokosin
Vice President, Digital Marketing
(former)
Redbox
TIPPIE EMERITUS
ADVISORY BOARD
Leonard A. Hadley
Chairman and CEO (retired)
Maytag Corporation
John Pappajohn
President
Equity Dynamics Inc.
Jerre L. Stead
Executive Chairman and CEO
Clarivate, Inc.
Henry B. Tippie
Chairman of the Board
Dover Motorsports Inc.
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age, sex, pregnancy, disability, genetic information, status as a U.S. veteran, service in the U.S. military, sexual orientation, gender identity, associational
preferences, or any other classification that deprives the person of consideration as an individual. The university also affirms its commitment to providing equal
opportunities and equal access to university facilities. For additional information on nondiscrimination policies, contact the Director, Office of Equal Opportunity
and Diversity, the University of Iowa, 202 Jessup Hall, Iowa City, IA 52242-1316, 319-335-0705 (voice), 319-335-0697 (TDD), diversity@uiowa.edu.

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