Tippie Magazine (Summer 2020) - Tippie College of Business

Tippie Magazine, a semiannual publication for alumni and friends of the Tippie College of Business, is designed for all business alumni and includes feature stories, alumni updates, and the latest news from the college.

Tippie Magazine, a semiannual publication for alumni and friends of the Tippie College of Business, is designed for all business alumni and includes feature stories, alumni updates, and the latest news from the college.


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BRING IT.<br />

COVID-19<br />

Comes to Campus<br />

INSIDE<br />




SUMMER <strong>2020</strong><br />

<strong>Tippie</strong> <strong>College</strong> <strong>of</strong> <strong>Business</strong><br />


2<br />


INSIDE<br />

An Important Milestone for the <strong>Tippie</strong> Gateway Program<br />

Inaugural class graduated May <strong>2020</strong><br />

By Lynn Anderson Davy<br />


Courtney Janssen (BBA20)<br />

graduated in May with a<br />

degree in business<br />

analytics and information<br />

systems. The college’s<br />

spring commencement<br />

ceremony was held<br />

virtually given the global<br />

pandemic <strong>of</strong> COVID-19.<br />

Photo by Maddy Andresen.<br />

8<br />

18<br />

Last Mile Delivery<br />

Pairing autonomous delivery trucks with human delivery could<br />

save transportation companies millions<br />

By Jennifer Wagner<br />

Scholarships from a Secret Millionaire<br />

Three <strong>Tippie</strong> grads share their stories<br />

By Michelle Sillman

15<br />

18<br />

<strong>Tippie</strong> <strong>Magazine</strong> correspondence should<br />

be directed to Rebekah Tilley, Editor,<br />

<strong>Tippie</strong> <strong>Magazine</strong>, <strong>Tippie</strong> <strong>College</strong> <strong>of</strong><br />

<strong>Business</strong>, 108 John Pappajohn <strong>Business</strong><br />

Bldg., Iowa City, IA 52242-1994.<br />

Copyright © <strong>2020</strong>.<br />

<strong>Tippie</strong> <strong>College</strong> <strong>of</strong> <strong>Business</strong>,<br />

University <strong>of</strong> Iowa. All rights reserved.<br />



Amy Krist<strong>of</strong>-Brown<br />

amy-krist<strong>of</strong>-brown@uiowa.edu<br />





Barbara Thomas<br />

barbara-thomas-2@uiowa.edu<br />

EDITOR<br />

Rebekah Tilley<br />

rebekah-tilley@uiowa.edu<br />

DESIGN<br />

Rebecca Skalsky<br />

de Novo Marketing<br />

thinkdenovo.com<br />


Lynn Anderson Davy<br />

Amanda May<br />

Michelle Sillman<br />

Rebekah Tilley<br />

Jennifer Wagner<br />


Bella Volfson Photography<br />

Frees Frame Photography<br />

Maddy Andresen<br />

Emily Archer<br />

Mark Battrell<br />

Claire Carlson<br />

Jonathan Chapman<br />

Amanda May<br />

Brooke Paulsen<br />

Justin Torner/UI<br />

UI Marketing + Design<br />


<strong>Tippie</strong> by the Numbers ............................................................ 7<br />

<strong>College</strong> News ......................................................................... 10<br />

Alumni News ......................................................................... 14<br />

In Memoriam ......................................................................... 20<br />

2<br />

How to Receive<br />

<strong>Tippie</strong> <strong>Magazine</strong><br />

<strong>Tippie</strong> <strong>Magazine</strong>, a semiannual<br />

publication for alumni and friends <strong>of</strong> the<br />

<strong>Tippie</strong> <strong>College</strong> <strong>of</strong> <strong>Business</strong>, is made<br />

possible through the generosity <strong>of</strong><br />

private donors. A complimentary<br />

subscription is provided to those who<br />

make an annual gift <strong>of</strong> $25 or more to the<br />

college via the University <strong>of</strong> Iowa Center<br />

for Advancement. Online gifts may be<br />

made at givetoiowa.org/business, or you<br />

may mail your gift specifically marked for<br />

the <strong>Tippie</strong> <strong>College</strong> to the University <strong>of</strong><br />

Iowa Center for Advancement, Levitt<br />

Center for University Advancement,<br />

P.O. Box 4550, Iowa City, IA 52244-4550.<br />

<strong>Tippie</strong> Online<br />

tippie.uiowa.edu<br />

facebook.com/<strong>Tippie</strong>Iowa<br />

instagram.com/<strong>Tippie</strong><strong>College</strong><br />

LinkedIn: Search for<br />

University <strong>of</strong> Iowa <strong>Tippie</strong><br />

<strong>College</strong> <strong>of</strong> <strong>Business</strong><br />

twitter.com/<strong>Tippie</strong>Iowa<br />

<strong>Summer</strong> <strong>2020</strong> | 1

FEATURE Story<br />




Inaugural class graduated in May<br />

2 | UI <strong>Tippie</strong> <strong>College</strong> <strong>of</strong> <strong>Business</strong>

Brooke Kelley (BBA20)<br />


W<br />

hen students who attended the <strong>Tippie</strong> Gateway Program talk about it,<br />

they always speak about it in terms <strong>of</strong> before and after.<br />

Before: “I wasn’t sure if I would go to college. All my high school friends were<br />

applying to community college. I didn’t know what I wanted to study. A degree in<br />

business was not part <strong>of</strong> my plan.”<br />

And after: “My confidence improved. I made new friends. I started studying<br />

accounting and found out that I loved it. I met staff members and pr<strong>of</strong>essors who<br />

helped me network and find internships. I did a semester abroad, something I<br />

never thought I would do. My life changed—forever.”<br />

<strong>Tippie</strong> Gateway started in 2015 to recruit populations underrepresented in<br />

business—women as well as first-generation, LGBTQ+, and students <strong>of</strong> color. It’s<br />

important to reach out to these students early—so that they take the necessary<br />

math requirements needed for college and/or business school. Many <strong>Tippie</strong><br />

Gateway participants are entering their senior year <strong>of</strong> high school and still have<br />

time to make a decision about college. Five years in, the program graduated its<br />

first cohort in May. <br />

<strong>Summer</strong> <strong>2020</strong> | 3

FEATURE Story<br />

These students—who would have never<br />

explored a career in business—are set<br />

to make their contributions in the<br />

working world.<br />

And while there is still more progress to<br />

be made, administrators and financial<br />

supporters <strong>of</strong> the program—including<br />

PwC, Wells Fargo Bank, and <strong>Tippie</strong><br />

alumni—say they are pleased with the<br />

results. The program is building<br />

momentum recruiting high school<br />

students from Iowa and parts <strong>of</strong> Illinois<br />

and Wisconsin.<br />

Peer-mentor Jose Duran (BBA20) leads a<br />

cohort <strong>of</strong> 2019 <strong>Tippie</strong> Gateway students<br />

to consult with a local Iowa City business.<br />

78%<br />

52%<br />

60% Female<br />

38% Male<br />

1% Transgender<br />

“At the end <strong>of</strong> the program, we survey<br />

our participants. Almost 100 percent <strong>of</strong><br />

the students tell us that as a result <strong>of</strong> the<br />

program they are ‘more likely’ or ‘much<br />

more likely’ to attend Iowa and to study<br />

business,” says Mark Archibald, assistant<br />

director <strong>of</strong> first-year experience and<br />

co-director <strong>of</strong> the program with Gabriela<br />

Rivera, assistant director <strong>of</strong> diversity,<br />

inclusion, and student success.<br />


Since its inception, <strong>Tippie</strong> Gateway has<br />

brought 148 high school juniors to<br />

campus for a free, one-week, intensive<br />

immersion into college life and business<br />

studies. During students’ stay in Iowa City,<br />

they take part in business simulations and<br />

group projects and interact with <strong>Tippie</strong><br />

students, pr<strong>of</strong>essors, alumni, and business<br />

pr<strong>of</strong>essionals. For some students, it’s their<br />

first visit to a college campus.<br />

“My experience with the Gateway<br />

Program has completely shaped the<br />

person I am today,” says Brooke Kelley<br />

(BBA20), a member <strong>of</strong> the inaugural<br />

<strong>Tippie</strong> Gateway cohort who graduated<br />

with a degree in accounting in May.<br />

“The program helped me decide that I<br />

<strong>Tippie</strong> Gateway<br />

Participants Who<br />

Are Persons <strong>of</strong> Color<br />

(2015-2019)<br />

<strong>Tippie</strong> Gateway Participants<br />

Who Are First-Generation<br />

<strong>College</strong> Students<br />

(2015-2019)<br />

<strong>Tippie</strong> Gateway<br />

Participants<br />

(2015-2019)<br />

wanted to be a business major, that I had a home at the <strong>Tippie</strong> <strong>College</strong> <strong>of</strong><br />

<strong>Business</strong>, and, most importantly, that I could actually come to study at the<br />

University <strong>of</strong> Iowa.”<br />

Kelley is a first-generation college student, and when she was growing up<br />

in Nevada, Iowa, she doubted she would be able to attend a four-year<br />

institution. No one in her immediate family had attended college, and<br />

she had little idea <strong>of</strong> what she would study if she did go to college. But all<br />

<strong>of</strong> that changed when she received a postcard from <strong>Tippie</strong> inviting her to<br />

apply to <strong>Tippie</strong> Gateway.<br />

Something similar happened to Anibal Mares Márquez (BBA20), a son <strong>of</strong><br />

Mexican immigrants who settled in Rock Valley, Iowa, in 2010. Mares<br />

Márquez was also a member <strong>of</strong> the inaugural <strong>Tippie</strong> Gateway cohort and says<br />

he will never forget the day his mother told him he’d received mail from the<br />

“Hawkeyes.” At the time, Mares Márquez had a vague notion <strong>of</strong> what a<br />

Hawkeye was, but he had no idea it was the University <strong>of</strong> Iowa’s mascot.<br />

Nearly five years later, Mares Márquez graduated with a BBA in accounting<br />

and he’s ready to take on the world. He has a job with PwC and will also<br />

work with <strong>Tippie</strong> Associate Dean for Undergraduate Programs Ken Brown<br />

to recruit Spanish-speaking high school students from South and Central<br />

America. Before the COVID-19 pandemic, the two were supposed to travel<br />

to these regions, but now the project will be research-focused.<br />

4 | UI <strong>Tippie</strong> <strong>College</strong> <strong>of</strong> <strong>Business</strong>

“To be honest, I initially didn’t want to participate in the Gateway<br />

Program, but once I did, it became clear to me that I had a place at <strong>Tippie</strong><br />

and that studying here was a possibility for someone like me. Today,<br />

<strong>Tippie</strong> feels more like a family to me than a college. I wouldn’t trade the<br />

experience I’ve had here for anything.”<br />


GIVE TO<br />




Consider making a gift in<br />

support <strong>of</strong> the <strong>Tippie</strong><br />

Gateway Program. Your gift<br />

supports not only summer<br />

programming but other<br />

programming that makes the<br />

<strong>Tippie</strong> undergraduate<br />

experience second to none.<br />

Participants who choose to<br />

become students at <strong>Tippie</strong><br />

may receive support through<br />

scholarships, summer<br />

internships, or study<br />

abroad opportunities.<br />

Both Mares Márquez and Kelley studied<br />

abroad in Italy and were able to<br />

participate in prestigious summer<br />

internships, thanks in large part to<br />

financial aid and <strong>Tippie</strong>’s extensive<br />

alumni and recruiter network. During<br />

their four years at <strong>Tippie</strong>, they<br />

volunteered as BizEdge mentors to help<br />

<strong>Tippie</strong> students with similar<br />

backgrounds integrate into college life<br />

and succeed. <strong>Tippie</strong> administrators and<br />

pr<strong>of</strong>essors who know Mares Márquez<br />

and Kelley, say they are hard workers<br />

and extremely motivated.<br />

Strong work ethic and determination<br />

are not unusual among <strong>Tippie</strong> Gateway<br />

participants. A parent wrote that her<br />

daughter “would not be deterred” in<br />

her decision to attend <strong>Tippie</strong> after her<br />

one-week immersion.<br />

pay for tuition and other collegiate<br />

expenses once they enroll as a student.<br />

The elements that make the <strong>Tippie</strong><br />

education so rich, such as internships<br />

and study abroad, are frequently out <strong>of</strong><br />

financial reach for these students.<br />

“At this point, we know that a majority <strong>of</strong><br />

students who come through the program<br />

will want to come to <strong>Tippie</strong>,” says Rivera.<br />

“We have been able to get them some<br />

financial help, but we also believe that<br />

every student should have the same access<br />

to all that <strong>Tippie</strong> <strong>of</strong>fers, and that means<br />

access to study abroad, research<br />

opportunities, and dorm life—all <strong>of</strong><br />

which comes with a price tag.”<br />

And so, Rivera and Archibald are<br />

intensifying their fundraising and<br />

sponsorship efforts.<br />

GIVE NOW<br />


“She connected with the student<br />

leaders, lecturers, and the real-life<br />

career directions that <strong>Tippie</strong> helped<br />

her see,” wrote Kesho Scott, whose<br />

daughter, Mezekerta Scott, attended<br />

<strong>Tippie</strong> Gateway in 2018. “Moreover,<br />

she has found a vocational frame that<br />

makes sense to her and provides her<br />

with a path for the way she wants to be<br />

<strong>of</strong> service to her race, gender,<br />

community, and country.”<br />

But the problem today is not so much<br />

convincing <strong>Tippie</strong> Gateway students<br />

to attend <strong>Tippie</strong>, but helping them<br />

“While we can be proud <strong>of</strong> how far we’ve<br />

come and <strong>of</strong> the many successes <strong>of</strong> our<br />

Gateway participants,” says Archibald,<br />

“we’ve got to think bigger.”<br />


<strong>Tippie</strong> alumni Stephen Belyn (BBA91),<br />

managing director <strong>of</strong> corporate finance<br />

and restructuring at FTI Consulting in<br />

Chicago, and his wife Pamela, are<br />

generous supporters <strong>of</strong> the program.<br />

The couple and their children <strong>of</strong>ten<br />

visit Iowa City during the summer<br />

program, which is held in June, and<br />

meet with participants.<br />

<strong>Summer</strong> <strong>2020</strong> | 5

FEATURE Story<br />

Over the years, they have kept in touch with students<br />

and been able to mentor some <strong>of</strong> them.<br />

“We got involved with the program in 2016 because <strong>of</strong> its<br />

straightforward approach and comprehensive overview <strong>of</strong><br />

the opportunities in business,” says Belyn.<br />

“I want to do even more for the Gateway Program<br />

because my wife and I want everyone—participants, their<br />

parents, pr<strong>of</strong>essors—to be <strong>of</strong> the mindset that a Gateway<br />

participant who enrolls at <strong>Tippie</strong> can and should be as<br />

successful as any other student,” says Belyn. “And by<br />

successful, I mean earning strong grades, gaining valuable<br />

internship experience, and receiving employment <strong>of</strong>fers<br />

from top firms just like everyone else.”<br />


For Belyn and others, the fact that recruiters are<br />

circling and nabbing <strong>Tippie</strong> Gateway participants for<br />

competitive internships and jobs, is exciting, and<br />

certainly evidence <strong>of</strong> the program’s promise.<br />

Rachel Gordon, Minneapolis market recruiting leader<br />

for PwC, has been a fan <strong>of</strong> <strong>Tippie</strong> Gateway since 2017.<br />

Gordon, herself a first-generation, four-year college<br />

graduate, is working to help PwC recruit a diverse<br />

workforce and sees programs like <strong>Tippie</strong> Gateway as<br />

the key to such an effort.<br />

“I have been highly impressed with the caliber <strong>of</strong> these<br />

students, and I love watching how they come together and<br />

bond during the program,” says Gordon. “It’s amazing to<br />

watch them find their places in the business school<br />

environment, places they couldn’t have imagined preprogram.<br />

PwC has and will continue to hire as many <strong>of</strong><br />

these students as we can.”<br />

PwC has been an early and strong supporter <strong>of</strong> this<br />

program since its inception. Now that the first<br />

participants have graduated, the company is seeing the<br />

results firsthand. With Mares Márquez poised to join<br />

the company after graduation, he’s launching his career<br />

at the very firm that helped give him the experience<br />

that inspired him to study business. The <strong>Tippie</strong> Gateway<br />

Program has a proven record <strong>of</strong> opening doors for a<br />

new generation <strong>of</strong> business leaders. •<br />




Women and minorities continue to believe that entry<br />

into careers in business come with too many risks.<br />


Use inclusive language when describing careers<br />

broadly and jobs specifically. The language used<br />

impacts perceptions <strong>of</strong> that job, says Michele<br />

Williams, assistant pr<strong>of</strong>essor and John L. Miclot<br />

Faculty Fellow in Entrepreneurship. “A word like<br />

‘analytic’ could generate a stereotypic image in<br />

potential employees’ minds. This image may or may<br />

not fit with their perception <strong>of</strong> themselves, or their<br />

perceptions that an organization or career would be a<br />

good fit for them. An alternative word choice could be<br />

‘problem-solving’.” Williams says studies have found<br />

that high-ability applicants from non-majority groups<br />

are more likely to apply when inclusive language is<br />

used. And that itself begins to address the challenge<br />

<strong>of</strong> representation.<br />


There aren’t enough women or minorities in a<br />

company to mentor and sponsor the women and<br />

minorities they have hired.<br />


Mentors and sponsors don’t have to have the same<br />

background. “It is important to remember that<br />

mentors and sponsors do not need to have the same<br />

demographic characteristics as their proteges,” says<br />

Williams. “Providing and nurturing opportunities for<br />

authentic connections across demographic and<br />

hierarchical boundaries can foster life-changing<br />

bonds. In a recent study <strong>of</strong> generational differences in<br />

teams, I found that team diversity was associated<br />

with how trusted individuals felt in their one-on-one<br />

relationships with colleagues who had different<br />

demographic characteristics.”<br />

6 | UI <strong>Tippie</strong> <strong>College</strong> <strong>of</strong> <strong>Business</strong>

BY THE<br />


97% Students employed<br />

or enrolled in graduate<br />

school within 6 months<br />

<strong>of</strong> graduation<br />

(2015-2018)<br />

#1<br />

#19<br />




THE U.S.<br />

(U.S. News & World<br />

Report, <strong>2020</strong>)<br />



(U.S. News & World Report, <strong>2020</strong>)<br />

#10<br />



MASTER’S<br />


(CIO <strong>Magazine</strong>, 2019)<br />

2,925<br />

13%<br />

7%<br />


58% Marketing<br />

44% Management &<br />

Entrepreneurship<br />

43% Accounting<br />

35% <strong>Business</strong> Analytics &<br />

Information Systems<br />

21% Economics<br />

20% Finance<br />

25% <strong>of</strong> students double major<br />

#11<br />

Undergraduate <strong>Business</strong><br />

and Pre-<strong>Business</strong> Students<br />

(Spring <strong>2020</strong>)<br />

Undergraduate business and pre-business<br />

students from underrepresented groups<br />

International students<br />



36%<br />

Female<br />

(Spring <strong>2020</strong>)<br />

64%<br />

Male<br />

Best public undergraduate<br />

entrepreneurship program in<br />

the nation (Princeton Review, <strong>2020</strong>)<br />




BY MAJOR<br />

(2018-2019)<br />

Accounting...........................................................$56,000<br />

<strong>Business</strong> Analytics...............................................$55,000<br />

Finance..................................................................$55,000<br />

Economics (BBA).................................................$52,000<br />

Management........................................................$50,000<br />

Marketing..............................................................$50,000<br />

All...........................................................................$53,500<br />

#11<br />

National CPA exam<br />

first-time pass rates<br />

(NASBA, 2019)<br />

#7<br />


with 17-23 full-time accounting faculty (Public Accounting Report, 2019)<br />

<strong>Summer</strong> <strong>2020</strong> | 7

LAST<br />

MILE<br />


Pairing autonomous delivery trucks<br />

with human delivery could save<br />

transportation companies millions<br />


T<br />

ake a peek outside on a busy<br />

street, and chances are that a<br />

UPS, FedEx, USPS, or other<br />

delivery truck is finagling its way<br />

through traffic. On any given day, an<br />

average <strong>of</strong> 50 million packages are<br />

being delivered in the United States.<br />

In the next six years, those numbers<br />

are expected to double: industry<br />

insiders predict a total <strong>of</strong> 100 million<br />

packages will arrive at their destination<br />

every single day in 2026.<br />

The technology to transport these<br />

packages is ever-evolving, particularly<br />

in the realm <strong>of</strong> what has been coined<br />

“last mile delivery.”<br />

In an urban environment, last mile<br />

delivery is crucial. Everywhere, drivers<br />

must manage their timing, park,<br />

unload the packages, walk them to the<br />

destination, and then return to the<br />

truck. In urban environments, delivery<br />

trucks <strong>of</strong>ten have to double park,<br />

which gets in the way <strong>of</strong> other drivers.<br />

Transportation <strong>of</strong>ficials estimate some<br />

947,000 hours <strong>of</strong> vehicle delay every<br />

year can be attributed to delivery<br />

trucks temporarily parked curbside in<br />

downtown areas. And delivery<br />

companies pay the price: In 2018, UPS<br />

and FedEx both racked up nearly<br />

$50 million in parking fines in New<br />

York City—about one-fourth <strong>of</strong> the<br />

total number <strong>of</strong> commercial fines.<br />

8 | UI <strong>Tippie</strong> <strong>College</strong> <strong>of</strong> <strong>Business</strong>

One <strong>Tippie</strong> pr<strong>of</strong>essor<br />

started thinking about how<br />

new technology could be<br />

engaged to help streamline<br />

the delivery process. Ann<br />

Campbell, currently<br />

serving as interim<br />

department executive<br />

<strong>of</strong>ficer <strong>of</strong> the Department<br />

<strong>of</strong> <strong>Business</strong> Analytics, says<br />

in 2017 the news was filled<br />

with stories <strong>of</strong> companies<br />

developing autonomous<br />

cars for passengers.<br />

“I started considering<br />

whether the same<br />

technology could be<br />

successful in the delivery/<br />

logistics space,” she says.<br />

Joined by Sara Reed, a PhD<br />

student in the applied<br />

mathematical and<br />

computational doctorate<br />

program, and Pr<strong>of</strong>essor<br />

Barrett Thomas, interim<br />

senior associate dean and<br />

Gary C. Fethke Research<br />

Fellow, they began modeling<br />

solutions that may ultimately<br />

provide significant improvements<br />

to the process <strong>of</strong> how<br />

packages are delivered. Their<br />

research on the value <strong>of</strong><br />

using autonomous vehicles in<br />

last mile delivery is currently<br />

under review for publication,<br />

and they have begun a<br />

second round <strong>of</strong> research<br />

that examines the same<br />

technology within suburbs<br />

and rural areas.<br />

Campbell, who holds a<br />

Henry B. <strong>Tippie</strong> Research<br />

Pr<strong>of</strong>essorship, and Reed<br />

began their research by<br />

noting online shopping—<br />

the basis for the exponential<br />

increase in package<br />

delivery—will continue to<br />

grow substantially.<br />

In New York City alone,<br />

those numbers are<br />

expected to increase 68<br />

percent by 2045. Delivery<br />

drivers, in turn, park<br />

approximately 37 times per<br />

day in Manhattan, and<br />

drivers currently walk an<br />

average <strong>of</strong> nearly 8<br />

kilometers per day, a good<br />

portion <strong>of</strong> which includes<br />

the distances needed to<br />

travel back and forth<br />

between the parked truck<br />

and the destination. This<br />

new delivery paradigm—<br />

where the autonomous<br />

vehicle simply drops <strong>of</strong>f a<br />

delivery person and a load <strong>of</strong> parcels at a specific location,<br />

then continues to the next pre-determined location to pick<br />

up the delivery person—had not yet been thoroughly<br />

investigated for efficacy.<br />

Thus Campbell, Reed, and<br />

Thomas turned to mathematical<br />

modeling. They assigned<br />

notations to represent the<br />

numbers <strong>of</strong> customers, driving<br />

speeds, walking speeds, the time<br />

to load packages from the vehicle,<br />

the number <strong>of</strong> packages a delivery<br />

person can physically manage,<br />

and the expected time to park.<br />

Dozens <strong>of</strong> polynomial equations,<br />

mapping, and graphing followed.<br />

The end result?<br />

“The savings<br />

would be much<br />

bigger than we<br />

thought, and it<br />

made us realize<br />

this idea has a<br />

lot <strong>of</strong> exciting<br />

potential.”<br />



“The savings are more than we ever<br />

predicted,” says Reed, noting this system reduces the total<br />

amount <strong>of</strong> delivery time by 30 to 77 percent. Further, the<br />

number <strong>of</strong> delivery vehicles in downtowns would be cut in half.<br />

The “aha” moment for Campbell came once she saw the gain<br />

from using autonomous vehicles was more than just saving<br />

the parking time.<br />

“Sara’s solutions showed we could save<br />

the time that drivers spend walking<br />

back and forth to the parked vehicle to<br />

drive again or reload the vehicle,” she<br />

says. “The savings would be much<br />

bigger than we thought, and it made<br />

us realize this idea has a lot <strong>of</strong><br />

exciting potential.” •<br />

<strong>Summer</strong> <strong>2020</strong> | 9

COLLEGE News<br />

Want up-to-date news about the<br />

research, programs, students,<br />

faculty, and staff in the<br />

college? Subscribe to our<br />

monthly e-newsletter at<br />

tippie-news@uiowa.edu.<br />






Amy Krist<strong>of</strong>-Brown<br />

Interim Dean<br />



W<br />

ith the departure <strong>of</strong> former<br />

Dean Sarah Fisher Gardial<br />

on February 29, leadership<br />

within the <strong>Tippie</strong> <strong>College</strong> <strong>of</strong> <strong>Business</strong> has<br />

stepped up in the interim period as the<br />

search for the next leader <strong>of</strong> the college<br />

is underway.<br />

Amy Krist<strong>of</strong>-Brown, senior associate dean<br />

and Henry B. <strong>Tippie</strong> Research Pr<strong>of</strong>essor in<br />

Management, took on the role <strong>of</strong> interim<br />

dean as <strong>of</strong> March 1, <strong>2020</strong>. Krist<strong>of</strong>-Brown<br />

will serve in this role until a new dean<br />

is named. Barrett Thomas, department<br />

executive <strong>of</strong>ficer (DEO) for the Department<br />

<strong>of</strong> <strong>Business</strong> Analytics, is serving as interim<br />

senior associate dean as Pr<strong>of</strong>essor Ann<br />

Campbell moves into an interim DEO role<br />

in the department.<br />

The search for a new dean is being chaired<br />

by Amy Colbert, pr<strong>of</strong>essor and DEO <strong>of</strong><br />

management and entrepreneurship, and<br />

Alec Scranton, pr<strong>of</strong>essor and dean <strong>of</strong><br />

the <strong>College</strong> <strong>of</strong> Engineering. The search<br />

committee includes <strong>Tippie</strong> alumni Emily<br />

Brannon (BBA15) as a representative <strong>of</strong> the<br />

Young Alumni Board and Jack Evans<br />

(MBA72) as a representative <strong>of</strong> the <strong>Tippie</strong><br />

Advisory Board. •<br />

Following the retirement<br />

<strong>of</strong> Associate Dean for<br />

Graduate Programs<br />

David Frasier this<br />

summer, Pr<strong>of</strong>essor<br />

Jennifer Blackhurst<br />

will succeed him.<br />

Blackhurst, the Leonard<br />

A. Hadley Pr<strong>of</strong>essor<br />

in the Department <strong>of</strong><br />

<strong>Business</strong> Analytics, has<br />

long been a leader <strong>of</strong><br />

the college’s graduate<br />

programs. This includes<br />

her roles as faculty<br />

director <strong>of</strong> the <strong>Business</strong><br />

Analytics Academy in<br />

the former Full-time<br />

MBA Program, director<br />

<strong>of</strong> the Kathy Dore-Henry<br />

<strong>Tippie</strong> Women’s MBA<br />

Leadership Program,<br />

and chair <strong>of</strong> the MBA<br />

Program Committee. •<br />

10 | UI <strong>Tippie</strong> <strong>College</strong> <strong>of</strong> <strong>Business</strong>




T<br />

he <strong>Tippie</strong> connection is global.<br />

After participating in the Mandela<br />

Washington Fellowship for Young<br />

African Leaders at the University <strong>of</strong> Iowa,<br />

Rapula Otukile partnered with <strong>Tippie</strong> business<br />

analytics students to take his company’s supply<br />

management system digital.<br />

Otukile founded Pilane Pharmacy, a<br />

pharmaceutical distribution company that<br />

serves various hospitals and clinics in Botswana<br />

outside the capital city <strong>of</strong> Gaborone. Products<br />

were sometimes sitting on shelves beyond the<br />

expiration date because the pharmacy tracked<br />

its inventory manually on paper. Otukile wanted<br />

to move to a digital supply management system,<br />

but infrastructure in Botswana couldn’t support<br />

most out-<strong>of</strong>-the-box digital solutions.<br />

<strong>Business</strong> analytics students in the information systems capstone class<br />

partnered with Otukile in August 2019 to create a customized web-based<br />

supply management system. When the application was ready to launch,<br />

five <strong>Tippie</strong> students from the capstone class traveled to Botswana to install<br />

and deploy the system and were on the ground to work out issues with<br />

pharmacy staff. As with most new applications, a few bugs popped up. After<br />

pulling two all-nighters, the application <strong>of</strong>ficially launched on Dec. 2, 2019.<br />

“It was really difficult at times, but I knew I had to come through for<br />

Rapula,” said Carli Stratham (BBA19), one <strong>of</strong> the students who flew to<br />

Botswana for the launch. “It wasn’t a simulated business. It is his real<br />

business and this application could make a<br />

huge difference.” •<br />




Joining a growing global movement, the<br />

<strong>Tippie</strong> <strong>College</strong> <strong>of</strong> <strong>Business</strong> has <strong>of</strong>ficially<br />

signed the Principles for Responsible<br />

Management Education, a United Nationssupported<br />

initiative to raise the pr<strong>of</strong>ile <strong>of</strong><br />

sustainability in universities and equip<br />

business students to become drivers <strong>of</strong><br />

corporate sustainability.<br />

The college is the first business school at a<br />

public university in Iowa to do so and joins<br />

over 800 business programs worldwide<br />

in ensuring future business leaders have<br />

the skills needed to balance economic and<br />

sustainability goals. •<br />



Two <strong>Tippie</strong> directors, representing<br />

international business and business<br />

analytics, spent part <strong>of</strong> the winter holiday<br />

break in Kenya. Kelly Bedeian, associate<br />

director <strong>of</strong> the Institute for International<br />

<strong>Business</strong>, and Patrick Johanns, director<br />

<strong>of</strong> the <strong>Business</strong> Analytics Part-time<br />

Graduate Program, won a federal grant<br />

to lead a business training course for<br />

women in the fishing villages around<br />

Lake Victoria, Kenya. The weeklong<br />

entrepreneurship and financial literacy<br />

training session represented the<br />

continuation <strong>of</strong> a partnership between<br />

the Mandela Washington Fellowship for<br />

Young African Leaders and the college. •<br />

100-YEAR<br />



The Epsilon chapter<br />

<strong>of</strong> the Delta Sigma Pi<br />

pr<strong>of</strong>essional business<br />

fraternity at the <strong>Tippie</strong><br />

<strong>College</strong> <strong>of</strong> <strong>Business</strong> is<br />

the first chapter in the<br />

fraternity’s history to<br />

celebrate 100 years <strong>of</strong><br />

continuous activity.<br />

<strong>Summer</strong> <strong>2020</strong> | 11

COLLEGE News<br />

COVID-19<br />


As we were preparing this issue for print, the coronavirus<br />

pandemic touched the University <strong>of</strong> Iowa campus.<br />

FEBRUARY 28<br />

[16 U.S. CASES]<br />

All Iowa students studying abroad<br />

in Italy—including the college’s<br />

partner, CIMBA Italy—were called<br />

back to the U.S. due to rapid<br />

spread <strong>of</strong> COVID-19 and asked to<br />

self-quarantine for 14 days.<br />

MARCH 8<br />

[423 U.S. CASES]<br />

Three cases <strong>of</strong> COVID-19 are<br />

reported in Johnson County,<br />

where Iowa City is located.<br />

JANUARY 21<br />

[0 U.S. CASES*]<br />

First day <strong>of</strong> spring<br />

semester classes.<br />

JANUARY 29<br />

[5 U.S. CASES]<br />

An email was sent to <strong>Tippie</strong><br />

students from China:<br />

“Amidst the uncertainty<br />

swirling around, please know<br />

you are surrounded by a<br />

community that cares about<br />

you and the well-being <strong>of</strong><br />

your families back home.”<br />

MARCH 2<br />

[53 U.S. CASES]<br />

<strong>Tippie</strong> undergraduates<br />

were told in an email<br />

that the college was<br />

“preparing for the<br />

possibility” that<br />

classes may eventually<br />

move online.<br />

MARCH 11<br />

[1,215 U.S. CASES]<br />

The university announces<br />

that after spring break,<br />

classes will be moved<br />

online until “at least”<br />

April 3. The World Health<br />

Organization declares<br />

the COVID-19 outbreak<br />

a pandemic.<br />

12 | UI <strong>Tippie</strong> <strong>College</strong> <strong>of</strong> <strong>Business</strong>

MARCH 14<br />

[2,234 U.S. CASES]<br />

With very little advance notice,<br />

Executive MBA faculty supported by<br />

the Stead Technology Services Group<br />

begin teaching courses online.<br />

MARCH 23<br />

[44,183 U.S. CASES]<br />

The college’s <strong>of</strong>f-campus<br />

programs resume online,<br />

one week ahead <strong>of</strong> oncampus<br />

programs.<br />

MARCH 27<br />

[103,321 U.S. CASES]<br />

The president <strong>of</strong> the UI Chinese Students and<br />

Scholars Association, Yezhen Tan (BBA20), and<br />

his fellow members donated over 700 medical<br />

masks to the University <strong>of</strong> Iowa Hospitals &<br />

Clinics in the midst <strong>of</strong> the COVID-19 pandemic.<br />

These masks were originally sent from their<br />

families in China. “As members <strong>of</strong> the Hawkeye<br />

community, we are all in this together!”<br />

MARCH 18<br />

[10,442 U.S. CASES]<br />

The university announces spring break<br />

is extended by a week, classes will be<br />

taught online for the remainder <strong>of</strong> the<br />

spring semester, most residence halls<br />

will close, and spring commencement<br />

ceremonies are canceled.<br />

MAY 16<br />


TOTAL CASES 4/27/<strong>2020</strong>]<br />

The college holds virtual<br />

graduation ceremonies.<br />

MARCH 17<br />

[7,038 U.S. CASES]<br />

All UI faculty and staff<br />

outside <strong>of</strong> UI Health<br />

Care are directed to<br />

work remotely unless<br />

they provide a critical<br />

campus-based function.<br />

MARCH 30<br />

[163,539 U.S. CASES]<br />

All classes resume online.<br />

*Source: U.S. Centers for Disease Control. Total number <strong>of</strong><br />

COVID-19 cases in the United States by date reported. <strong>Summer</strong> <strong>2020</strong> | 13

ALUMNI News<br />

L<br />

ost track <strong>of</strong> a classmate? Looking to connect with <strong>Tippie</strong> alumni in your area?<br />

Check out the career moves, pr<strong>of</strong>essional accomplishments, and personal<br />

achievements <strong>of</strong> alumni and classmates below, and then send us your news.<br />

2010s<br />

Katherine E. Conlon<br />

(MSBA19) is a data analytics<br />

analyst at the Republic<br />

National Distributing<br />

Company in the Atlanta area.<br />

Shanti Elangovan (MBA15)<br />

was featured in Forbes<br />

magazine for the inquiry<br />

education company she c<strong>of</strong>ounded,<br />

InquirED.<br />

Nick Golias (BBA15) was<br />

hired by Pheasants Forever<br />

& Quail Forever as the<br />

organization’s regional<br />

representative in Indiana.<br />

Rita Guzmán<br />

(BBA18) is a<br />

college relations<br />

manager and<br />

program advisor<br />

at IES Abroad in Chicago.<br />

Chad Johnson (BBA19) is<br />

the director <strong>of</strong> equipment<br />

at CRST International, a<br />

transportation and logistics<br />

company in Cedar Rapids.<br />

Michael Karsa<br />

(BBA12) was<br />

promoted to<br />

managing<br />

director at<br />

Lido Advisors, the youngest<br />

in the 20-year history <strong>of</strong><br />

the company. Karsa opened<br />

Lido’s Chicago location in<br />

2015, which has surpassed<br />

$600 million in assets<br />

under management.<br />

Alexandria Morris Tursi<br />

(BBA11) has been recognized<br />

by LIMRA (previously the<br />

Life Insurance Marketing and<br />

Research Association) as one<br />

<strong>of</strong> their 2019 Rising Stars <strong>of</strong><br />

Retirement. She is a business<br />

strategist in customer care at<br />

Principal in Des Moines.<br />

John Raftis<br />

(BBA10/MBA15)<br />

and his wife<br />

Ashley welcomed<br />

Kathryn<br />

An online information<br />

update form is available at<br />

tippie.uiowa.edu/alumni/update,<br />

or you can send a note to<br />

Ashley Durham, <strong>Tippie</strong> <strong>College</strong><br />

<strong>of</strong> <strong>Business</strong>, 108 John<br />

Pappajohn <strong>Business</strong> Building,<br />

University <strong>of</strong> Iowa, Iowa City, IA<br />

52242-1994 (or email<br />

tippie-alumni@uiowa.edu).<br />

Margaret Raftis into their family<br />

on December 10, 2019.<br />

Dylan Sambrano (BBA19)<br />

interned at Deloitte in its<br />

audit practice in Chicago.<br />

He is also pursuing a Master<br />

<strong>of</strong> Accountancy degree with<br />

expected graduation in fall <strong>2020</strong>.<br />

Kate Steele<br />

(MBA, MSBA19)<br />

is a senior<br />

consultant at<br />

Cognizant in<br />

San Francisco.<br />




Wenran Xie (BBA13), a manager<br />

at Ernst & Young, is the recipient<br />

<strong>of</strong> the <strong>2020</strong> <strong>Tippie</strong> Young Alum <strong>of</strong><br />

the Year award. She regularly works<br />

with current <strong>Tippie</strong> students in mentorship roles and<br />

has been instrumental in assisting student organizations<br />

set up pr<strong>of</strong>essional trips to EY <strong>of</strong>fices. She is an active<br />

member <strong>of</strong> the <strong>Tippie</strong> Young Alumni Board where her<br />

philanthropy has supported efforts that directly impact<br />

current <strong>Tippie</strong> students.<br />

“Wenran once shared with me that when she first<br />

came here from China, it was incredibly overwhelming,<br />

but <strong>Tippie</strong> helped her find her home within her new<br />

surroundings,” wrote one <strong>of</strong> Xie’s nominators for the<br />

award. “I believe that this is why she is a passionate<br />

board member and contributes to <strong>Tippie</strong> endeavors<br />

whenever and however she can.”<br />




Show your<br />

Hawkeye pride<br />


Amy K. Schembari<br />

(BBA18) hiked to Mount<br />

Everest base camp (5,250<br />

miles above sea level) in<br />

October 2019. Schembari<br />

is an enterprise API<br />

consultant with Google<br />

Cloud (Apigee).<br />

14 | UI <strong>Tippie</strong> <strong>College</strong> <strong>of</strong> <strong>Business</strong>

Tianqi Yang<br />

(BBA17)<br />

is a global<br />

management<br />

trainee at<br />

Anheuser-Busch InBev in<br />

Chengdu, China.<br />

2000s<br />

David J. Breh<br />

(BBA02) is the<br />

director <strong>of</strong><br />

analytics at<br />

Starcom<br />

Worldwide in Chicago.<br />

Clint D.<br />

Hinderaker<br />

(BBA03) was<br />

promoted to<br />

regional<br />

managing director for the<br />

Eastern Iowa <strong>Business</strong> Center<br />

<strong>of</strong> Principal Financial Group.<br />

He was also on the 2019 list <strong>of</strong><br />

the Corridor <strong>Business</strong> Journal’s<br />

“Forty Under 40.”<br />

Steve Kim (MBA04) merged<br />

his firm, Monadnock Financial,<br />

with Brady Associates Asset<br />

Management. Kim will serve as<br />

a managing director.<br />

David Kozlicki<br />

(BBA07) was<br />

appointed head<br />

<strong>of</strong> Multi-<br />

Managers Real<br />

Estate (MMRE) Americas <strong>of</strong><br />

the real estate and private<br />

markets business for UBS Asset<br />

Management in January <strong>2020</strong>.<br />

Jessica McDyer (BBA06)<br />

was named to the N’West Iowa<br />

REVIEW’s “20 Under 40” list.<br />

McDyer is an administrator at<br />

Care Initiatives Sibley Specialty<br />

Care in northwest Iowa.<br />

Eden L.<br />

Simmer<br />

(BBA05) was<br />

recognized with<br />

an excellence in<br />

trading award at the Markets<br />

Choice Awards: Women in<br />

Finance event in November<br />

2019. Simmer is an executive<br />

vice president and leads the<br />

global equity trading desk at<br />

PIMCO in New York City.<br />

Leslie Skorick (BBA00) has<br />

been promoted to director <strong>of</strong><br />

tax at O’Reilly Automotive in<br />

Springfield, Mo.<br />

Trent L. Von Ahsen (BBA09)<br />

is the chief investment<br />

strategist at United Iowa<br />

Financial in Cedar Rapids.<br />

Trent N. Welander (BBA04/<br />

MBA10) recently joined<br />

Gogo <strong>Business</strong> Aviation in<br />

Broomfield, Colo., as senior<br />

product marketing manager.<br />

1990s<br />

Jason M. Baer<br />

(BBA96) transitioned<br />

into a role<br />

as enterprise<br />

account<br />

executive/digital experience<br />

at Adobe, based out <strong>of</strong> Los<br />

Angeles. He also recently<br />

completed his Digital Marketing<br />

and Marketing Analytics<br />

Certificate from Cornell<br />

University’s online program.<br />

Susan Erbes (MBA94), former<br />

vice president <strong>of</strong> operations at<br />

TrueNorth Companies, retired<br />

in January <strong>2020</strong>.<br />

Gregory Liebbe<br />

(BBA97) is<br />

serving as the<br />

senior vice<br />

president, chief<br />

accounting <strong>of</strong>ficer, and<br />

controller <strong>of</strong> Ventas, Inc. in<br />

Louisville, Ky.<br />



“Ten years ago, I was an Iowa Edge peer leader. The program showed me<br />

the power <strong>of</strong> building strong communities where individuals were able<br />

to see a version <strong>of</strong> themselves in the leaders they look up to. Iowa Edge<br />

proved to be an empowering way for students to grow, embrace their<br />

identities, and envision successful versions <strong>of</strong> themselves. It created a<br />

sense <strong>of</strong> family—an invaluable safety net for underrepresented students.<br />

“Once I joined Google, my goal early on was to recreate an experience<br />

similar to Iowa Edge for our Hispanic/Latinx community. I recently led our<br />

version <strong>of</strong> Iowa Edge—Navigate Juntos (translation: together)—at Google<br />

in Los Angeles. It was a 3-day summit that brought together ‘Googlers’ from<br />

all over the country who identify as Hispanic/Latinx and are early into their<br />

pr<strong>of</strong>essional careers. Similar to Iowa Edge, it was a unique way to show participants<br />

they can succeed because <strong>of</strong> their background, not despite their background.<br />

“As we closed our summit, I felt like I was back in Iowa City reliving Iowa Edge. As an 8-year<br />

veteran <strong>of</strong> Google, I felt like a peer leader all over again, connecting with people and hopefully<br />

giving them some inspiration <strong>of</strong> how far they can go.”<br />

Learn more about Iowa Edge by visiting diversity.uiowa.edu/iowaedge.<br />

<strong>Summer</strong> <strong>2020</strong> | 15

ALUMNI News<br />



A four-generation connection to the University <strong>of</strong> Iowa—spanning 101 years—<br />

brought the Frohwein-Parsons family to Kinnick Stadium on Saturday, Nov. 16,<br />

2019, to receive the UI Family Spirit Award. The family includes three <strong>Tippie</strong><br />

grads: Dave Parsons (BBA75), Emily Klinefelter (BBA06/MAc09), and Max<br />

Parsons (BBA09).<br />

Claudia<br />

Marban<br />

(BBA99) was<br />

named a Five<br />

Star Wealth<br />

Manager for the eighth year<br />

in a row (2012-2019). Marban<br />

is president and a private<br />

wealth advisor at Claudia<br />

Marban & Associates in the<br />

greater Chicago area.<br />

Sabyasachi “Saby” Mitra<br />

(PhD90) has been named the<br />

new dean at the University <strong>of</strong><br />

Florida’s Warrington <strong>College</strong><br />

<strong>of</strong> <strong>Business</strong>. Mitra previously<br />

spent 27 years at Georgia<br />

Institute <strong>of</strong> Technology<br />

Scheller <strong>College</strong> <strong>of</strong> <strong>Business</strong><br />

where he was a pr<strong>of</strong>essor and<br />

the senior associate dean <strong>of</strong><br />

faculty and research.<br />



(not pictured)<br />


Lindsey A.<br />

O’Malley<br />

(BBA98) joined<br />

the Chicago law<br />

firm Howard &<br />

Howard as a tax attorney and<br />

CPA who advises clients on<br />

federal and state tax credits<br />

and incentives.<br />

Jenn Thurman<br />

Sebestyen<br />

(BBA98)<br />

launched Veggie<br />

Inspired, a<br />

popular food blog. She<br />

released her first book, a<br />

vegetarian cookbook titled<br />

The Meatless Monday Family<br />

Cookbook to help busy families<br />

incorporate more fruits and<br />

vegetables into their diets.<br />

1980s<br />

Chris Costa (BBA87) was<br />

named chief executive <strong>of</strong>ficer<br />

<strong>of</strong> Knapp Properties, a real<br />

estate management company.<br />

16 | UI <strong>Tippie</strong> <strong>College</strong> <strong>of</strong> <strong>Business</strong>



Christopher Klein (BBA85), executive chairman and former CEO<br />

<strong>of</strong> Fortune Brands, is the recipient <strong>of</strong> the <strong>2020</strong> <strong>Tippie</strong> Alum <strong>of</strong> the<br />

Year award. The award is given annually to an alumnus who has<br />

demonstrated long-term involvement in the life <strong>of</strong> the college.<br />

Klein is an active member <strong>of</strong> the <strong>Tippie</strong> Advisory Board. He has spoken in<br />

numerous classes and encouraged Fortune Brands to provide projects through<br />

the MBA <strong>Business</strong> Solutions Center, sponsored <strong>Tippie</strong> events, and hosted a number<br />

<strong>of</strong> student pr<strong>of</strong>essional trips to its headquarters. As a <strong>Tippie</strong> Society donor, he has<br />

provided key discretionary funds that enabled the college to embark on its 2015<br />

brand project and website redesign. One <strong>of</strong> Klein’s nominators described him as<br />

“…a shining example <strong>of</strong> a <strong>Tippie</strong> graduate who has demonstrated that hard work and<br />

ethical behavior can lead you to the top <strong>of</strong> your industry.”<br />

Gerald Middents (BSC54)<br />

recently published two books:<br />

a collection <strong>of</strong> poetry titled<br />

Creative Beyondering and a<br />

novel titled Connecting Asians<br />

and Americans. Middents is a<br />

pr<strong>of</strong>essor emeritus <strong>of</strong> psychology<br />

at Austin <strong>College</strong> in Texas, an<br />

Air Force veteran, Rotarian, and<br />

an ordained minister. He resides<br />

in Dallas, Texas.<br />

S.P. Kothari (PhD86)<br />

received the <strong>2020</strong> Padma<br />

Shri Award from the<br />

government <strong>of</strong> India for<br />

his outstanding global<br />

contribution to literature and education.<br />

Sherri L.<br />

Rowe (BBA82)<br />

has announced that she<br />

will be producing a feature film in Iowa<br />

with her production company Dumb Dog<br />

Productions LLC.<br />

Laura Newinski<br />

(BBA87) has been<br />

elected deputy chair <strong>of</strong><br />

KPMG US. She also<br />

serves as vice chair <strong>of</strong><br />

operations and chief operating <strong>of</strong>ficer<br />

for KPMG’s Americas region.<br />

Daniel P. Schwallie (PhD84) co-authored<br />

the fourth edition <strong>of</strong> the Cash Balance Plan<br />

Answer Book.<br />

Editor’s Note: Alumni News updates are submitted by alumni and are not verified by the editor. While we welcome<br />

alumni news, <strong>Tippie</strong> <strong>Magazine</strong> is not responsible for the information contained in these submissions.<br />

Alan Bunte (BBA75/MBA77)<br />

recent retired from his position<br />

as chief operating <strong>of</strong>ficer <strong>of</strong><br />

Commvault, a leading provider<br />

<strong>of</strong> data protection and data<br />

management s<strong>of</strong>tware. He c<strong>of</strong>ounded<br />

Commvault in 1999<br />

and is currently its board<br />

director. He is also a <strong>Tippie</strong><br />

Advisory Board member.<br />

<strong>Summer</strong> <strong>2020</strong> | 17

ALUMNI Feature<br />


from a<br />


Three <strong>Tippie</strong> grads share<br />

their stories<br />


H<br />

e might seem like the least likely candidate to fund a<br />

full-ride scholarship, much less 33 <strong>of</strong> them. But frugal<br />

carpenter Dale Schroeder wanted his savings to benefit<br />

young people who dreamed <strong>of</strong> attending college.<br />

Schroeder, whose father abandoned his family during the<br />

Depression, couldn’t afford college. Because <strong>of</strong> this, he<br />

wanted to help others who’d experienced early adversity.<br />

After working for 67 years at Moehl Millwork in Des<br />

Moines, he had amassed a nest egg <strong>of</strong> nearly $3 million.<br />

Before he died in 2005, he asked his friends Walt and Judy<br />

Tomenga and lawyer Stephen Nielsen to use his wealth to<br />

send small-town Iowa kids to Iowa’s public universities.<br />

<strong>Tippie</strong> alumni Katelyn Wheeldon (BBA16), Jenna Herr<br />

(BBA13), and Benjamin Kopp (BSE12/MD17/MBA17)<br />

are among the beneficiaries <strong>of</strong> his generosity.<br />

According to the National Student Clearinghouse, rural<br />

high school graduates are less likely to enroll in college<br />

than urban or suburban students. They’re also more likely<br />

to drop out. Often, they are first-generation college<br />

students, which was true for Wheeldon and Herr.<br />

The Dale Schroeder Scholarship committee sought rural<br />

students who’d overcome significant struggles akin to<br />

Schroeder’s. While the financial support was<br />

instrumental, the committee put a lot <strong>of</strong> additional effort<br />

into supporting these students along the way.<br />

18 | UI <strong>Tippie</strong> <strong>College</strong> <strong>of</strong> <strong>Business</strong>

Jenna Herr (BBA13) and her daughter Aaliyah meeting<br />

Henry B. <strong>Tippie</strong> while Herr was an undergrad.<br />

One way they did this was by bringing scholarship<br />

winners together every summer for an annual<br />

dinner providing advice, inspiration, and support.<br />

“They took everyone under their wings, and truly<br />

dedicated themselves to helping us through the<br />

process <strong>of</strong> entering college and the real world,” Kopp<br />

said. At 13, he lost his mother to a 10-year battle with<br />

cancer. “Walt and Judy made themselves available as<br />

mentors and coaches to provide guidance and<br />

support that we were unable to find elsewhere.”<br />

Herr grew up in a single parent home after her<br />

mother was incarcerated. Then, at 16, she became<br />

a single parent herself. “Walt and Judy Tomenga<br />

became like a second set <strong>of</strong> parents to me,” she<br />

said. “I visited their home, I spent holidays with<br />

them, they sent care packages, we talked on the<br />

phone and identified strategies and resources to<br />

manage academic and parenting stress.”<br />

In 2019, Herr received her MBA from the<br />

University <strong>of</strong> Wisconsin-Madison and works as a<br />

senior risk and compliance specialist at Kearney.<br />

Her daughter is now 11. “This scholarship gave me<br />

the freedom and the security to dream. It gave me<br />

the community and guidance I needed to grow,<br />

and the confidence and pride to lead,” Herr said.<br />

Wheeldon grew up in a supportive home, but her<br />

family’s financial difficulties were compounded<br />

when a fire nearly destroyed their scrap metal and<br />

used car business. Now a financial and accounting<br />

consultant at Riveron, Wheeldon found the annual<br />

Benjamin Kopp (MBA17)<br />

dinners energizing. “I was not the<br />

only scholar who felt sometimes we<br />

do not ‘fit in’ with the people in<br />

our day-to-day lives. Through<br />

conversations, we realized this is<br />

because we are all focused on<br />

paying it forward every day. Others<br />

may not think the same way we<br />

do,” Wheeldon said, referring to<br />

the scholarship committee’s<br />

encouragement “to pay forward<br />

what we have received.”<br />

Kopp is currently in his third <strong>of</strong><br />

five years <strong>of</strong> orthopedic surgery<br />

residency at the University <strong>of</strong><br />

Texas-Austin. If he hadn’t gotten<br />

the financial support for his<br />

undergraduate engineering degree<br />

at Iowa, he would have focused on<br />

paying <strong>of</strong>f his loans instead <strong>of</strong><br />

pursuing advanced degrees.<br />

“One thing that became apparent<br />

from the scholarship was the<br />

enormous impact one person with<br />

little education and a modest<br />

income can have by living for<br />

others,” Kopp said. The call to<br />

“pay it forward” continues to<br />

resonate with him and, he<br />

explains, “I will always be looking<br />

for opportunities to do so.” •<br />

Katelyn Wheeldon (BBA16)<br />

“Thank<br />

you, Dale.<br />

You’ve<br />

changed<br />

my life.”<br />

Watch the<br />

Today Show<br />

segment that<br />

features<br />

Wheeldon<br />

and Herr.<br />

<strong>Summer</strong> <strong>2020</strong> | 19

IN Memoriam<br />

1930s<br />

Catherine Mary Shors (BSC35)<br />

1940s<br />

Clinton E. Evans (BSC42)<br />

Nelson Smith (BSC47)<br />

Fred W. Yeadon (BSC48)<br />

J. Robert Bunn (BSC49)<br />

Donald H. Lapehn (BSC49)<br />

P. Donald Teefy (BSC49)<br />

1950s<br />

William E. Campbell (MA50)<br />

Dennis R. Ferk (BSC50)<br />

James A. Kurka (BSC50)<br />

Harriett A. Mickow (BSC50)<br />

James A. Peterson (BSC50)<br />

Jack S. Simpson (BSC50)<br />

Donald C. Wilson (BSC50)<br />

Robert W. Langholz (BSC51)<br />

Robert T. Russell (BSC51)<br />

Millard R. Seldin (BSC51)<br />

William C. Barnes (BSC52)<br />

Herbert W. Martin (BSC52)<br />

Robert E. Sweet (BSC52)<br />

William B. Foster (BSC53)<br />

Shirley A. Jacobson (BSC53)<br />

David D. Baer (BBA55)<br />

William H. Lawrence (BSC55)<br />

Janet E. Apland (BSC56)<br />

Jerry C. Chalupnik (BSC56)<br />

Gerald E. Daley (BSC56)<br />

James L. Hertig (BSC56)<br />

Kenneth H. Weber (BSC56/<br />

MA68)<br />

William M. Barclay (BSC57)<br />

Lloyd M. Cleven (BSC57)<br />

James E. Mariga (BSC57)<br />

Austin R. Sandrock (BSC57)<br />

Susan I. Brender (BSC58/MA63/<br />

PhD73)<br />

Kendall L. Carver (BSC58)<br />

Jerry D. Rank (BSC58)<br />

Charles F. Roark (BSC58)<br />

Gardner C. VanDyke (BSC58)<br />

F. Dean Darling (BSC59)<br />

G. Thomas Davidson (BSC59)<br />

George W. Harrison (BBA59)<br />

1960s<br />

Darryl Wahler (BBA60)<br />

David L. Scieszinski (BBA61)<br />

Larry D. Scott (BBA61)<br />

Louis E. Buresh (BBA62)<br />

LeRoy E. Butler (BBA63)<br />

Ron L. Burnett (BBA64)<br />

William C. McCormick (BBA64)<br />

Robert M. Miller (BBA64/MBA86)<br />

Donald L. Sohl (BBA64)<br />

John L. Burge (BBA65)<br />

Laurence E. Kelly (BBA65)<br />

Larry E. Moore (BBA65)<br />

Del Dickey (BBA66)<br />

Ronald Martin Johnson (BBA66)<br />

Robert C. Blunck (BBA67)<br />

John W. Holmes (BBA67)<br />

Charles K. Pettit (BBA67)<br />

Dewain A. Sparrgrove (BBA67/<br />

MA69)<br />

Thomas C. Altfillisch (BBA68)<br />

Douglas D. Calvin (BBA68)<br />

William A. Haywood (MBA68)<br />

1970s<br />

Alan D. Beach (BBA70)<br />

Grant R. Bell (BBA70)<br />

A. Virginia Bone (MA70)<br />

Shirley E. Grulke (MA70)<br />

John D. DeVries (MBA71)<br />

Terry L. Granneman (BBA71)<br />

Jerome F. Seifried (MBA71)<br />

Gregory H. Cripple (BBA72)<br />

Edward L. Stachovic (MBA72)<br />

Dana P. Anson (BBA73)<br />

Patimah B. Fouts (MBA73)<br />

Robert C. Griffin (BBA73)<br />

Steven W. Holdsworth (BBA74)<br />

Chris L. Kluever (BBA74)<br />

Robert G. Morrison (BBA74)<br />

Roy E. Starr (BBA74)<br />

Kristen E. Tell (BBA75)<br />

Larry A. Conway (BBA76)<br />

Edward J. Lightcap (BBA76)<br />

Noel W. Willis (MBA77)<br />

Philip J. Patten (BBA78)<br />

Tracy K. Tilgner (BBA78)<br />

1980s<br />

Robert G. Stevenson (BBA80)<br />

Kathryn D. Ironside (BBA82)<br />

Charles A. Lagerstrom (MBA82)<br />

David W. Sturtz (BBA82)<br />

Lori A. Kessel (BBA85)<br />

Cheryl L. McDermott (BBA85)<br />

Dana J. Schuemann (BBA87)<br />

John M. Hemann (BBA88)<br />

Stephen M. Hill (BBA89/MBA00)<br />

Robert D. Sealy (BBA89)<br />

1990s<br />

Mary E. Owen (BBA90)<br />

Deone Anna-Christina<br />

Pedersen (MBA90)<br />

Joseph D. Fowler (MBA92)<br />

Todd M. Seiffert (BBA94)<br />

Judy E. Hukvari (BBA96)<br />

2000s<br />

John C. Linn (MBA00)<br />

Jeffrey L. Arnell (MBA03)<br />

Brenden J. Dailey (BBA03/<br />

BBA04)<br />

Brad A. Peterson (BBA04)<br />

Diana L. Fritz (MBA04)<br />

2010s<br />

Nate P. Bentley (BBA15)<br />

FRIEND<br />

Carol Vavra<br />


(MARCH 12, 1930 – SEPTEMBER 28, 2019)<br />

Donald J. Gibson was a member <strong>of</strong> the <strong>Tippie</strong> <strong>College</strong><br />

<strong>of</strong> <strong>Business</strong> Board <strong>of</strong> Visitors from 1984 to 2000. He<br />

attended Purdue University where he earned a degree<br />

in mechanical engineering. After graduation, Gibson<br />

served in the Counterintelligence Corps in the United<br />

States Army. Upon his honorable discharge, Gibson<br />

joined the Westinghouse Electric Corporation where he<br />

worked for the next 25+ years. He held multiple roles in<br />

Pittsburgh and Iowa City, rising to the level <strong>of</strong> vice<br />

president and general manager.<br />

In 1983, the Information Services Division <strong>of</strong><br />

Westinghouse that Gibson led was purchased by Eden<br />

Prairie, Minn.-based National Computer Systems (now<br />

Pearson). He worked at National Computer Systems for<br />

more than a decade retiring as a senior vice president.<br />

In addition to serving on the college’s Board <strong>of</strong> Visitors<br />

(now the <strong>Tippie</strong> Advisory Board), Gibson also served<br />

multiple years on the advisory board for The Ohio State<br />

University Department <strong>of</strong> Mechanical Engineering.<br />


(AUGUST 21, 1953 – JANUARY 9, <strong>2020</strong>)<br />

Pedersen at her retirement<br />

reception with Hawkeye<br />

women’s basketball star<br />

Megan Gustafson (BBA19).<br />

The Hawkeye family lost<br />

one <strong>of</strong> its most passionate<br />

supporters when Deone<br />

Pedersen (MBA90) passed<br />

away on January 9, <strong>2020</strong>.<br />

Before joining the <strong>Tippie</strong><br />

Undergraduate Program<br />

Office in 2003, Pedersen<br />

worked in a number <strong>of</strong><br />

different organizations on<br />

campus including the<br />

<strong>College</strong> <strong>of</strong> Liberal Arts &<br />

Sciences, the Division <strong>of</strong><br />

Student Life, the Office <strong>of</strong><br />

the Provost, the Finance<br />

and Operations Division,<br />

and Student Disability Services. A true Hawkeye fan,<br />

Pedersen rarely missed a home women’s basketball<br />

game, a men’s basketball game, or a football game.<br />

She retired in 2018 after being diagnosed with ALS.<br />

20 | UI <strong>Tippie</strong> <strong>College</strong> <strong>of</strong> <strong>Business</strong>





Amy Krist<strong>of</strong>-Brown<br />

Interim Dean<br />

Barrett Thomas<br />

Interim Senior Associate Dean<br />

David Frasier<br />

Associate Dean<br />

(Graduate Management Programs)<br />

Kenneth G. Brown<br />

Associate Dean<br />

(Undergraduate Program)<br />

Nick Street<br />

Associate Dean<br />

(Research and Ph.D. Programs)<br />

Barbara Thomas<br />

Executive Director <strong>of</strong><br />

Communication, Alumni,<br />

and External Relations<br />

Gregory Lamb<br />

Executive Director <strong>of</strong> Development<br />

for the <strong>Tippie</strong> <strong>College</strong><br />

<strong>of</strong> <strong>Business</strong><br />

University <strong>of</strong> Iowa Center<br />

for Advancement<br />


BOARD<br />

Stephen Belyn<br />

Managing Director <strong>of</strong> Corporate<br />

Finance & Restructuring<br />

FTI Consulting<br />

Alan G. Bunte<br />

Co-founder and Board Member<br />

Commvault<br />

Joe Ceryanec<br />

Chief Financial Officer (retired)<br />

Meredith Corporation<br />

Frederick J. Crawford<br />

President and COO<br />

Aflac Inc.<br />

Lois Eichacker<br />

Director, Customer Success<br />

CVM Solutions<br />

Jack Evans<br />

Chairman <strong>of</strong> the Board<br />

The Hall-Perrine Foundation<br />

Perry A. Glassgow<br />

Vice President and Controller<br />

Harley-Davidson Inc.<br />

George Hiller<br />

President and CEO<br />

Hiller & Associates<br />

Christopher J. H<strong>of</strong>fman<br />

Senior Partner<br />

PricewaterhouseCoopers<br />

Chris Klein<br />

CEO (retired) and Executive<br />

Chairman<br />

Fortune Brands Home & Security<br />

Inc.<br />

Thomas A. Kloet<br />

Chairman,<br />

NASDAQ Stock Market LLC,<br />

Member, Board <strong>of</strong> Directors<br />

NASDAQ Inc. and Northern<br />

Trust Mutual Funds<br />

Kyle Krause<br />

Chairman and CEO<br />

Krause Group<br />

Curtis K. Lane<br />

Co-founder and Portfolio Manager<br />

Concordant Partners<br />

Julia M. Lawler<br />

Executive Vice President and<br />

Chief Risk Officer<br />

Principal Financial Group<br />

Jeffrey Lorenger<br />

Chairman, President and CEO<br />

HNI Corporation<br />

Eric Martin<br />

COO, Individual Solutions<br />

Transamerica<br />

Lura McBride<br />

President and CEO<br />

Van Meter Inc.<br />

Doug McKeen<br />

Senior Vice President,<br />

Labor Relations (retired)<br />

United Airlines<br />

Leonard McLaughlin<br />

Sales Manager Senior, Great<br />

Lakes & Midwest<br />

Gallagher<br />

John Miclot<br />

President and CEO<br />

LinguaFlex<br />

Laura Newinski<br />

Deputy Chair, Vice Chair <strong>of</strong><br />

Operations<br />

KPMG LLP<br />

Stacey Valy Panayiotou<br />

Executive Vice President, Human<br />

Resources<br />

Graphic Packaging International<br />

Maureen Sammon<br />

President and CEO (retired)<br />

HomeServices Mortgage<br />

Trevor Schauenberg<br />

President and CEO, GE Capital<br />

Industrial Finance (retired)<br />

GE Capital<br />

Margaret (Peg) M. Stessman<br />

CEO and Owner (former)<br />

StrategicHealthSolutions<br />

Sue Taylor<br />

Chief Information Officer<br />

Bill and Melinda Gates<br />

Foundation<br />

Yvette Taylor<br />

Senior Vice President, Wealth<br />

Management<br />

Northern Trust Company<br />

Anne-Marie Thomas<br />

Corporate Director<br />

The Commonwell Mutual<br />

Insurance Group<br />

DUCA Financial Services<br />

Credit Union<br />

Michael J. Wokosin<br />

Founder<br />

Working Title Labs<br />



BOARD<br />

Leonard A. Hadley<br />

Chairman and CEO (retired)<br />

Maytag Corporation<br />

John Pappajohn<br />

President<br />

Equity Dynamics Inc.<br />

Jerre L. Stead<br />

Executive Chairman and CEO<br />

Clarivate, Inc.<br />

Henry B. <strong>Tippie</strong><br />

Non-Executive Chairman <strong>of</strong><br />

the Board<br />

Dover Motorsports Inc.<br />

The University <strong>of</strong> Iowa prohibits discrimination in employment, educational programs, and activities on the basis <strong>of</strong> race, creed, color, religion, national origin,<br />

age, sex, pregnancy, disability, genetic information, status as a U.S. veteran, service in the U.S. military, sexual orientation, gender identity, associational<br />

preferences, or any other classification that deprives the person <strong>of</strong> consideration as an individual. The university also affirms its commitment to providing<br />

equal opportunities and equal access to university facilities. For additional information on nondiscrimination policies, contact the Director, Office <strong>of</strong> Equal<br />

Opportunity and Diversity, the University <strong>of</strong> Iowa, 202 Jessup Hall, Iowa City, IA 52242-1316, 319-335-0705 (voice), 319-335-0697 (TDD), diversity@uiowa.edu.<br />

<strong>Summer</strong> <strong>2020</strong> | 21

108 John Pappajohn <strong>Business</strong> Building<br />

Iowa City, Iowa 52242-1994<br />

tippie.uiowa.edu<br />

Nonpr<strong>of</strong>it<br />

Organization<br />

U.S. Postage<br />

PAID<br />

Permit No. 45<br />

Iowa City IA<br />

ONLINE<br />

MBA<br />

Earn the top-ranked Iowa MBA<br />

online in just two years.<br />


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