Tippie Magazine (Winter 2021) - Tippie College of Business

TIPPIE
WINTER 2021
magazine
IN THIS ISSUE
FEARLESS
Setbacks are setups
for a comeback

WHAT AM I DOING, AND WHY?
Perhaps you’ve asked yourself a version
of this question over the past few months.
What really matters to you? How do your values
shape your choice of action? It’s not often that
individuals and institutions face these questions
simultaneously—not until COVID.
I stepped into the interim dean role of the Tippie College of Business on
March 1, 2020. On March 13 we closed the doors to the Pappajohn Business
Building, not to be reopened until mid-summer. Within 24 hours, 99 percent
of our faculty and staff and 100 percent of our students went online. I’ve
never faced a more daunting personal challenge. Yet, I’ve also never been
more inspired by the amazing people that comprise this organization. Every
morning as I reflect over a cup of coffee and two sleepy dogs, I ask myself,
“What can I do today to encourage and support these dedicated people who
are working so hard to accomplish our collegiate goals?”
The mission of the Tippie College of Business is to be a catalyst for
transformation for students, employees, and organizations. Whether
that means advancing students on the path to graduation, educating
life-long learners seeking to “level up” their skill set, or expediting problem
solving for our partner organizations, fundamentally we are helping
people and organizations achieve their dreams. At no moment have we
wavered in this resolve.
As this issue was going to press, I was named the 10th dean of
the Tippie College of Business. In the next issue of Tippie Magazine,
I will share more about my vision for the college moving forward.
Until then, I hope you are inspired by the stories in these pages of
creativity, compassion, and fearlessness.
Amy Kristof-Brown
Henry B. Tippie Dean

the
BUSINESS
of
16 10
6
4
FEATURES
4
6
Managing Your Mental (Health)
Tippie’s new on-campus psychologist might just
change your mind about mental health therapy.
You Don’t Know Jack
Will this accounting student take his talents
to Carver-Hawkeye Arena this season?
DEPARTMENTS
2
8
THE 319
Set I-O-W-A as your Zoom background … and more.
BRAIN ROCK
Fully Supported
What Tippie research findings tell us about building
authenticity and connection on diverse teams.
10
16
COVER STORY
Fearless
Adapting to crisis is the theme of 2020. Four alumni channel
their Hawkeye spirit to face challenging times.
The Business of Beer
Meet the Hawkeyes brewing their way to the top.
18
24
ALWAYS A HAWKEYE
Hawkeye Pride
In Memoriam
HOW TO
Medtronic Senior Sales Representative
Johnathan Prunty (BBA09) started his career selling
Southwestern Encyclopedias door-to-door.
CONNECT WITH US @TippieIowa TippieIowa Tippie College of Business @TippieCollege
ON THE COVER As a piece of public art, the Fearless Girl statue rarely fails to stir up something in the viewer—
perhaps determination, hope, a call to the noble self, and now a little Hawkeye pride. Photo by B. Horrigan.

the
319
DYK?
319 has been
the Iowa City
area code
since 1947
96%
Tippie Student
RETENTION RATE
(Spring to Fall 2020)
Best Public
University for
Writing in the
Disciplines
(U.S. News & World Report, 2021)
While the University of Iowa as a
whole saw first year enrollment
numbers dip, the college had
more new students enroll
this fall than in Fall 2019. The
college’s overall enrollment is
also up slightly over Fall 2019.
With its strategic focus on graduating
strong business communicators, Tippie is a
significant part of the university ecosystem
that earned this recognition, which includes
the Judith R. Frank Business Communication
Center and the Accounting Writing Program.
This new U.S. News ranking recognizes
universities for “making the writing process a
priority at all levels of instruction and across
the curriculum.”
Do you
Zoom?
Visit
tippie.uiowa.edu/alumni
to download Hawkeye-themed
backgrounds.
WILLIAMS NAMED
DEI FACULTY FELLOW
Assistant Professor of Management
and Entrepreneurship Michele Williams
was named the first Tippie Diversity,
Equity, and Inclusion Faculty Fellow.
This fellowship reduces the teaching load
of a faculty member to provide service
toward advances in pedagogy or research
in the area of DEI.
WHAT CAN ASTRONAUTS
WORKING IN ISOLATION TEACH US
ABOUT WORKING FROM HOME?
Assistant Professor Dan Newton’s
research with NASA suggests
ways to optimize your day:
Dress for work
Tackle meaningful
work first
Exercise
Be creative
2 TIPPIE MAGAZINE WINTER 2021

36
VIRTUAL INTERNSHIPS
for Tippie students received last-minute support thanks
to the Institute for International Business’s relationship
with the State Department’s Mandela Washington
Fellowship for Young African Leaders
after thousands of internships disappeared
this summer due to the pandemic.
385%
INCREASE IN COMPLETED APPLICATIONS
for the online MBA from Fall 2019 to Fall 2020.
$119,000
Alumni donations for Tippie students affected by financial
loss due to COVID-19. “I was shown that people do care
and people want us to succeed,” said scholarship recipient
Jacob Lewis Howard (BBA21), who was furloughed from
his off-campus job and credits the funding for keeping
him on track to graduate.
“I’m grateful and I’m glad
to be a Hawkeye.”
RIVERA PROMOTED
TO DEI ROLE
Beloved academic adviser Gabriela
Rivera was recently promoted
to associate director of diversity,
equity, and inclusion, a position
created this summer to serve both
the undergraduate and graduate
programs. She was also inducted
into the Iowa Latino Hall of Fame.
QUOTED & NOTED
Recent reports about racism on
campus … have led me to reflect on
how Tippie has worked to create
an inclusive environment for all
students, specifically those who are
Black. My own perspective, informed
by conversations with students, faculty,
and alumni, is ‘not enough.’ …
We have work to do that is far deeper
than cleaning off the building.
—Associate Dean of the Undergraduate Program
Ken Brown in an Instagram post
3

FEATURE
Kristin Wurster
Psychologist, Tippie College of Business
4
TIPPIE MAGAZINE WINTER 2021

MANAGING YOUR MENTAL (HEALTH)
BY KRISTIN WURSTER
When we talk about “therapy,” many people
imagine an hour-long appointment in which they
pour out their feelings. The investment of time
and energy amid busy lives can feel overwhelming,
and likely contributes to people not seeking
therapy until they reach a point where something
truly has to give.
Mental health services do not have to look a singular way. Part of my role as
an embedded psychologist at the Tippie College of Business is helping people
think proactively about their mental health needs and the needs of those
around them. From a systems perspective, this can be developing policies
that support emotional well-being and encourage help-seeking behavior. For
individuals, it might include volunteering and engaging in the community,
spending time with supportive friends, journaling, expressing gratitude, or
practicing mindfulness by observing the present moment without judgment.
Sometimes small actions are enough to interrupt cycles that are no longer
serving us. Many people turn reflexively to avoidance when they experience
unwanted emotions. We can avoid with food, alcohol, Netflix, social media,
overwork, or even by focusing on friends’ concerns rather than our own. This
type of coping has limitations in that it does not change our relationship with
whatever contributed to our distress in the first place. Cultivating mindfulness
can help interrupt maladaptive cycles and assist us in evaluating whether our
actions are in service of our goals and needs.
I find practicing psychotherapy with clients to be deeply rewarding, and yet it
is not lost on me that many clients’ presenting concerns are reactions to the
environment around them. What if we built systems that value and support
mental health? I can only imagine the gains in engagement, productivity, and
well-being that would result. •
Kristin Wurster, joined the college in March 2020 as an embedded psychologist
serving Tippie students.
DYK?
Depression and anxiety are estimated to cost the global economy $1 trillion per year
in lost worker productivity, according to research from the World Health Organization.
5

student
FEATURE
Jack Nunge
Student, Tippie College of Business
6 TIPPIE MAGAZINE WINTER 2021

YOU DON’T KNOW JACK
BY TOM SNEE
Jack Nunge can’t wait to play basketball again.
The accounting major had a solid freshman
season with the Hawkeyes in 2017-18, starting
14 games and putting up a career best 18 points
against 14th-ranked Ohio State.
But he’s barely seen a court since.
Starting his sophomore season, he wanted to play a more prominent role on the team,
but he knew he was buried on the roster behind Tyler Cook, who now plays in the NBA,
and Luka Garza, a future national player of the year honoree. So he decided to redshirt
for a season and spend more time in the weight room and practice court to develop his
game and his body.
“I knew if I took a year off to get stronger and quicker, I’d come into the next season
in a better position to succeed,” says the All-Big Ten Academic honoree power forward
from Newburgh, Ind.
But five games into the 2019-20 season, disaster struck when he blew out his ACL
driving to the hoop against Cal Poly. Another redshirt season followed to rebuild strength
in his surgically repaired knee. The rehab has gone well and he’s on track to rejoin a
loaded team that’s expected to challenge not only for a Big Ten title this season, but a
national championship.
“We’ve got a diverse skill set and can bring a lot of different looks to the court,” he says.
“We’re going to have a target on our backs, so we have to work twice as hard and not let it
go to our heads.”
But now, after overcoming the depth chart and a blown ACL, another obstacle could
delay his return as the COVID-19 pandemic raises questions about the season.
Nunge isn’t worried, though. He says uncertainty is just a part of the game.
“I’ve had to deal with a lot of adversity already,” he says.
“You just take every day for what it is and control what you can control.” •
EDITOR’S NOTE: We learned of the passing of Jack’s father, Dr. Mark Nunge, as this edition
of the magazine went to press. Our heartfelt condolences to Jack and his family.
7

ain
ROCK
Fully SUPPORTED
Building authenticity and connection
among diverse members of your workforce
BY JENNIFER WAGNER
According to a yearly Glassdoor
employment survey, over three-quarters
of U.S. employees claim they work
within a diverse workforce. Such diversity,
say experts, can drive innovation and
increase revenue. And a workforce
that includes people from a variety of
backgrounds and experiences helps
a company develop products for
a more diversified customer base.
Yet the reality can be messy.
Calls for societal change from people of color around
the country have created ripple effects in workplaces
big and small. The Black Lives Matter movement in
particular has provided new impetus for managers to
invigorate positive connections with employees who
come from different racial and cultural backgrounds
and may be experiencing hurt and loss in ways that
require special support.
Beth Livingston, assistant professor of Management
and Entrepreneurship, studies diversity and inclusion
within U.S. companies. She focuses on troubleshooting
workplace environments that leave Black, indigenous,
and other people of color feeling unsupported and
unable to forge authentic, trusting relationships. She
offers the following evidence-based recommendations
for fostering a more supportive workplace environment:
DYK?
Internationally recognized British sculptor, Peter Randall-Page, created the 19-ton coarse granite boulder known
colloquially as the “Brain Rock.” Installed on the T. Anne Cleary Walkway in 2011, a tradition has developed where
Hawkeyes touch the Brain Rock for luck before taking final exams.
8 TIPPIE MAGAZINE WINTER 2021

1 START WITH YOURSELF
“Managers need to do the work and model the behavior
they want to see regarding inclusion, empathy,
authenticity, support, and interdependence. Others will
see that it pays off,” said Livingston. She suggests that
managers seek out cultural competency training and
resources and begin putting that learning into practice.
3 PROACTIVELY WORK TO BUILD TRUST
“I believe most managers genuinely want to do right by
all their employees. But how do you get over the fear of
making a wrong step? That is why we call it risk taking,”
said Livingston. “Show your employees that you are
willing to be vulnerable.” Fear of saying or doing the
wrong thing often holds people back from building
trusting relationships that can weather mistakes
when they happen. “When you truly and authentically
connect with people, you have trust and empathy. You
can make mistakes, but there is still trust.”
5 BE OPEN TO REVISING SYSTEMS
Procedures are designed to make work as efficient
as possible, said Livingston. “However, we need to be
open to asking ‘Why is that important? Is that really
what makes this particular employee perform well?’”
As more organizations move to a more team-based
approach to work, Livingston also recommends making
sure that performance evaluation systems do not hold
people of color disproportionately responsible for joint
or interdependent work.
2 CHECK YOUR DEFENSIVENESS AT THE DOOR
Most people have the best intentions, but there is a big difference
between intention and impact. When confronted with a misstep—
such as a microaggression—your response is critical. “Managers
should get more comfortable saying things like: ‘Oh my gosh, I’m
sorry.’ Or: ‘Let’s not do that anymore.’ People will screw up. Managers
will screw up. We can beat ourselves up about it, or we can apologize
and be thoughtful about the misstep and practice better behaviors
for next time,” said Livingston. “Being demonstratively open to
growth will show others they can change too.”
4 BROADEN EMPATHY
When an employee has recently added an infant to their
household or is caring for an aging relative, empathetic managers
and coworkers routinely ask after their sleep and their emotional
well-being. Managers, particularly those who are white, need to
broaden their empathy to encompass experiences and events that
uniquely impact people of color, says Livingston. “There are so
many Black and Hispanic men and women in organizations right now
who do not feel like their workplace is supportive. Many are really
hurting and say their feelings are not being acknowledged.” Although
it has not been as common to acknowledge this reality as it is to
acknowledge medical or familial difficulties, doing so is a first step
for white managers and coworkers to understand and empathize
with employees from diverse backgrounds. “Pretending it does not
exist does not make it better—the absence of doing something is not
neutral,” said Livingston. “Not doing something is doing something.”
42%
of employed adults
in the U.S. have
seen or experienced
racism while at work.
(GLASSDOOR, 2019)
Industry sectors
that advertise the
most for diversity
and inclusionrelated
roles:
EDUCATION,
FINANCIAL
SERVICES,
& HEALTH CARE.
(GLASSDOOR, 2019)
6 HOLD YOURSELF AND OTHERS
ACCOUNTABLE TO IMPROVING DIVERSITY METRICS
“With diversity and inclusion metrics, people are rarely
held accountable for making sure those numbers
are met,” said Livingston. Actions and results reflect
individual and corporate values. “People are innovative
and creative with things they care about—so if this is
truly your value, you will find a way.” •
Assistant Professor of Management and Entrepreneurship Beth Livingston recalls the moment she started recognizing how, as a young
professional woman, she was treated differently in the workplace. “Because of the way I looked, I was treated like a lightweight!” she recalls.
“My way of dealing with that discrimination was to learn more about those behaviors and how to fix them.” Livingston started by getting
her MBA from the University of Kentucky, and then followed with a Ph.D. from the University of Florida in Management and Organizational
Behavior. Today, she makes diversity and inclusion her focus in both her research and the classroom.
9

cover
STORY
FEARLESS
Tackling professional and personal disruptions with the Hawkeye spirit
BY REBEKAH TILLEY
10 TIPPIE MAGAZINE WINTER 2021

IT WAS A FRIDAY. Though it felt like most other days in
the time of COVID-19—indistinguishable from the
day before. Like so many events since the University
of Iowa closed campus and moved classes online, the
annual spring Tippie Student Leadership Awards had
been moved to a Zoom video chat, and the mood that
day was muted as were the microphones of most of the
people on the call.
Zooming in from San Francisco, Sukriti Nayar (BBA12)
was in the middle of showcasing why as a student
she was the head peer-mentor of the Frank Business
Communication Center with a speech that was engaging
despite the medium. She exhorted students to “…reach
out and make a difference in your community, however
you can—and know how and when to ask for help.”
THERE’S A TEMPTATION to think
that if we check all the boxes,
do the workouts, set the right
amount of money aside, make
the right decisions, we’ll always
be happy and successful in life
and business. Hardship won’t
touch us. Yet the wisdom of
years teaches otherwise. With
experience and maturity, we
learn challenges are inevitable
and, even more, can be an
instructive and formative part
of life. It’s how we approach and
weather the challenges that
make or break us.
Then she dropped a bombshell.
“In the spirit of vulnerability,
I’m going to share something
with you that most of my
family and many of my friends
don’t even know. Five weeks
ago, I was laid off from my
dream job.”
For many of us living through
the present moment, this
is an incredible time of
self-discovery. What gives
us energy? What feeds our
optimism? When circumstances
are overwhelming, how do we
train ourselves to be fearless?
For inspiration, we looked to
four alumni who approached
professional and community
disruptions with resilience,
courage, vulnerability, and
compassion.
DYK?
Hunting for a new job? Update your terminology. For example, “Pricing Manager is likely called Pricing and Data
Analyst in current job postings,” said Cindy Meis, director of Career Management at the Tippie College of Business.
11

SANDY DAVIS (BBA04) NEEDED A MAJOR CHANGE. She loved her
work as a vice president in Equity Capital Markets for
Goldman Sachs in New York City, but after 10 years in
the role, and a full house with three children and
a husband who also worked full-time in finance, she
was constantly burning the candle at both ends.
“I’d go in early thinking I could get ahead and get
home by a certain time, but then a last-minute trade
would pop up, and my husband would be working late,
and we were constantly panic texting our babysitter
begging her to stay overtime again. I was determined
to find a solution that wasn’t stay or quit.”
Davis’ colleague, Emily Baker, was working in the San
Francisco office in a similar sprint, working East Coast
trading hours from the West Coast and trying to find
a way to make her professional life work with the
demands of small children. The two 10-year Goldman
veterans knew they needed an innovative solution and
teamed up to explore their options.
Job sharing was an option on the company’s human
resources website but culturally it wasn’t broadly
implemented. “We had heard about a couple of
people in a different division who had made it work
successfully, but it almost seemed like an urban legend
in finance.” Eventually, Davis and Baker tracked down
the myth: two Goldman employees who indeed job
shared. The pair offered them advice on how to make
this atypical arrangement work.
Their proposal went through several iterations.
Ultimately, in addition to proposing a job share, they also
proposed pivoting to a new role. They socialized the idea
with a few senior partners who
supported the plan, and then
took the proposal to HR and
negotiated it “like a prenup.”
Michele Williams is a negotiation
expert at the Tippie College of
Business. She said Davis and
Baker’s approach is consistent
with the Negotiations A-Game
framework she developed and
teaches at Iowa. They set their
aspirations high in not letting
corporate cultural roadblocks
deter them. They analyzed their
worth to the company and made
a compelling case for how the
job share could benefit Goldman.
They did their homework
before approaching HR with a
fully fleshed out proposal. And,
privately, both were at the point
where they were willing to walk
away from the industry entirely
if they were not able to work
out a deal.
“Sandy and Emily knew their
worth to Goldman and their
walk-away point,” explained
Williams, assistant professor
and John L. Miclot Fellow
in Entrepreneurship in the
Department of Management and
Entrepreneurship. “Because of
that, they were better able to
assert their interests and less
tempted to make an unworkable
compromise in the moment.”
The deal was sealed, and Davis
and Baker have been successfully
job sharing for five years now.
NEGOTIATION A-GAME
Aspire
Set your sights high.
Negotiators who set
higher targets do better.
Analyze
Do your homework.
Gather information.
Know your alternatives.
Ask
Don’t wait for others
to recognize what
you deserve.
Assert
Confidently reject offers
that don’t satisfy your
walk-away point.
SOURCE: Michele Williams,
associate professor and John L.
Miclot Fellow in Entrepreneurship
“We have found this has allowed
us to structure our lives so much
more efficiently. Doing the job
share made it such that when I’m
at work, I can focus on just work.
It is so much more productive.”
Over time, the pair have
successfully expanded their
role and built out a team. The
added responsibility led them to
negotiate the addition of an extra
day of work per week, but both
acknowledge that the flex back
up toward full time is a marker of
success, not a move backwards.
“Ultimately, the fact that
Goldman was willing to work
with us saved both of our
careers,” said Davis. “Goldman
was committed to keeping two
senior women at the firm. We
hope it sets an example for
more people in the future—
and that flexibility is not just
a working mom thing—but
a tool that anyone can use.
It’s an additional way to create
value for employees.”
12 TIPPIE MAGAZINE WINTER 2021

WHETHER IT IS A TORNADO, a flood, or a global pandemic,
Midwestern neighborliness is always a constant.
In mid-March when it felt like the whole world was
shutting down, certain everyday commodities shot up
in demand, including toilet paper and hand sanitizer.
Seeing the intense need, Scott Bush (BBA96) and his
team at Foundry Distilling Co. wanted to do something
to help. They decided to explore how they could divert
its lucrative distilling operation into creating hand
sanitizer for the Des Moines-area community.
“It’s easy to forget how much anxiety folks were feeling
when the media started to really focus on COVID,”
recalled Bush. “One of our distillers is a trained
chemist. I asked him if he could use some of our alcohol
to make hand sanitizer. He did some research and
tinkered with it, and we proceeded to give it away for
five straight weekends.”
The response was overwhelming. Weekend after
weekend a massive parade of cars lined up for the
sanitizer, which was dispensed into any container that
customer brought with them.
Crises can open opportunities, said Stephen Courtright
(PhD12), director of Executive Education and Henry
B. Tippie Professor of Management. “Oftentimes
when you’re doing change management, you start by
introducing an opportunity gap to others. Crises like
a pandemic introduce those gaps for you.” Foundry
was willing to make a sacrifice to serve the common
good—turning a luxury product served at a bar into a
health and safety item sold at a grocery store—and that
exercise in compassion allowed Bush to spot a gap and
temporarily step into it.
Courtesy of Foundry Distilling Co.
“It’s accurate to say that when
we first started making hand
sanitizer, we weren’t ever
thinking about selling it. We just
wanted to help our community.”
Then Fareway approached Bush
about distributing the product
in their stores. Bush said they
experienced a “back-to-school”
moment like they were working
out a case study in operations
management. “We went from
zero to bottling 50,000 bottles
per day in a matter of days.
Thinking back, it floors me how
quickly we set up that system
and got all of the inputs and the
right people in place.”
The exercise had the added
benefit of opening opportunities
for part-time jobs to area
bartenders and restaurant
workers who suddenly found
themselves unemployed. They
ran production from March 31
until April 24 when the traditional
market players caught up. “We’re
not trying to compete with the
Purells of the world.
We did our duty and now we’re
back to making great booze.”
“People did love our hand sanitizer
though because it smells like
good vodka,” smiled Bush.
Courtesy of Maharry Photography
IMPROVE REMOTE MANAGEMENT
WITH 3 RESEARCH-BASED
PRACTICES
1 Increase Communication
We may be experiencing Zoom
fatigue, but those digital faceto-face
interactions are more
important than ever. When that’s
not feasible, new research shows
that good old-fashioned phone
calls are just as helpful. Without
access to informal modes of
communication in the hallways,
increasing the volume of formal
communication is key to keep
employees focused and engaged.
2 Stay Task-Focused
When you’re communicating in
a virtual environment, small talk
is less important. Instead, you
should focus on running efficient,
work-focused meetings with tight
agendas and clear action items.
3 Recognize Employees
It’s never been more important
to regularly give positive feedback
and a virtual pat on the back for
a job well done. Be creative. It may
be in the form of a LinkedIn post,
a mailed letter, or a verbal shoutout
in your daily team huddle rather
than the Employee of the Month
parking spot.
SOURCE: Stephen Courtright, director of
Executive Education and Henry B. Tippie
Professor of Management
13

THE ABILITY TO TRAIN YOUR MIND to see opportunities
is a cornerstone of entrepreneurialism. Erica Cole
(BA19) landed a spot on the elite Herky Security
team in part because she saw an opportunity—Herky
needed Halloween costumes—and her experience
designing costumes for her theatre arts minor made
her uniquely situated to see the project through to
completion. Charging onto Kinnick Stadium as Herky
on game day, hiking in New Mexico, taking ballroom
dancing classes—Cole embraced every opportunity the
university gave her with gusto.
Then she lost her leg in a car accident in 2018.
Many amputees spend part of their journey deciding
how far they will go to save their limbs. Cole said she
was grateful the choice of losing her leg was made
for her, and she could move straight into wrapping
her mind around life without her left leg. She threw
herself into getting back to doing everything she had
done before. “It was kind of my mantra. Then there
came to be this point, this shift where I realized
maybe I can still do all of those things, but the way I’m
going to have to do them is going to look very different
than everybody else.” It was a sobering realization
that Cole grieved in private, episodic moments. Cole
brushes off those who call her
inspirational and courageous:
“You kind of have to be. This is
just the new normal.”
Today the same energy and
enthusiasm that made her an
ideal candidate to represent
the University of Iowa mascot
are in full force. Mere months
after the accident, Cole
entered and won a business
pitch competition called Idea
Storm, sponsored by the
university’s John Pappajohn
Entrepreneurial Center (JPEC),
where she pitched No Limbits,
a business to create affordable,
custom 3D-printed prosthesis
covers. That led to Cole taking
advantage of “pretty much
everything JPEC offers”: angel
funding, coaching, mentorship,
and critical networking.
The determination to thrive, not
merely survive, is the mark of a
successful entrepreneur and a
critical skill in seeing companies
through hard times, said David
Hensley, clinical professor and
executive director of JPEC,
which in 2020 was ranked 21st
in the nation for undergraduate
entrepreneurship programming
by the Princeton Review.
“Right now, we are seeing
entrepreneurs incredibly
stressed about the viability
of their companies, capacity to
pay and retain their employees,
and ability to deliver products
and services in a pandemic.
It takes that entrepreneurial
leader, somebody with
the vision, creativity, and
perseverance to respond
to these once-in-a-lifetime
challenges.”
No Limbits just closed seedround
funding and spent the
summer of 2020 in the Target
Incubator working with senior
product developers to navigate
the manufacturing process that
will build the company for scale.
“Companies today are looking
for innovative, creative problem
solvers,” said Hensley. “They
need people who are capable
of looking at things differently,
understand the entire scope of
the business, and skilled enough
to identify and implement
unique strategies.”
14 TIPPIE MAGAZINE WINTER 2021

WHEN SUKRITI NAYAR REVEALED ON THAT ZOOM CALL that she
had lost her job five weeks before, she was in a
precarious position.
paths and ultimately chose to
accept a position at Slack as a
customer success manager.
“I was probably about a week away from packing up
all of my stuff and moving back to my parents’
basement,” Nayar confessed.
According to Cindy Meis, director of career
management for the college’s specialized masters
programs, Nayar did a number of things right in the
wake of a job loss, including taking a moment to grieve
the loss—“I took the weekend off and cried about it”—
and telling people that it happened—“I called my two
best friends from business school and asked them to
review my resume and mock interview me.”
“You have to be brave enough to share the news because
otherwise your network won’t know you need support
and help,” said Meis. “It’s natural to feel shame and
fear the stigma of a job loss, but it’s not uncommon—
especially during an economic crisis.”
Looking for her next opportunity became Nayar’s
full-time job. Nayar’s former employer was committed
to helping laid off employees find a “soft landing” and
were proactive in giving Nayar referrals that ultimately
would get her in the door of several opportunities in
addition to referrals from business school peers. After
weeks of hardcore resume refining, interview prepping,
and story-mining, Nayar ended up with a number of
“I truly think it was a combination
of a miracle and good luck that
I managed to find a job in the
middle of this environment,”
said Nayar. “I hit the jackpot
in the sense that I started my
career at a large consulting firm
dedicated to serving Fortune
100 clients. I worked in a small
startup wearing many hats and
created a rotational program for
myself. And now I’m rounding
out [my experience] by being at
a growth stage company that
happens to be one of the few
companies that’s doing well in
the middle of what is, I think,
the worst economic recession
the world has seen.”
Nayar said while she was grieving
the loss of her job, she came
to recognize how much of her
identity was wrapped up in her
career. “That was very valuable
self-reflection for me, and I spent
a lot of time unraveling that.”
Disruptions tend to start with
loss—loss of time, employment,
opportunity, or even limbs.
Often what goes unsaid
when we tell our stories
of overcoming are the low
moments. The global pandemic
is a rare time when we all are
experiencing a measure of
challenge and disruption; not
all to the same degree or in the
same way, but the source of
the upending is the common
denominator. Major and micro
griefs are mourned, and then
met with common values:
compassion, resourcefulness,
resilience, Midwestern-style
neighborliness. All attributes of
the Hawkeye spirit. •
DYK?
Tippie offers custom corporate leadership development programs through its Executive and Professional Education
office. To learn more, visit tippie.uiowa.edu/CustomExecEd
15

BY REBEKAH TILLEY
alumni
FEATURE
MEET THE
HAWKEYE BREWERS
BEHIND YOUR FAVORITE
CRAFT BEER
the
BUSINESS
of
Move over Busch Light.
The craft beer industry has exploded.
Since 2015, the number of U.S. craft breweries has
increased by 72 percent, according to the Brewers
Association, and Iowa business alumni are behind many
well-known breweries across the Midwest.
On August 13, the college hosted its first virtual alumni
event via Zoom and invited a panel of four alumni craft
brewers to share stories of launching companies,
concocting award-winning beers, and the next big trends.
MEET THE BREWERS
Hunter Fiers
(BBA15/MBA22)
John R. Hall
(MBA66)
Megan McKay
(BBA99/MBA05)
Grant Scorsone
(BBA86)
Lionstone Brewing
GENESEO, ILL.
Goose Island Brewing
CHICAGO, ILL.
Peace Tree Brewing
KNOXVILLE, IOWA
Spoonwood Brewing
PITTSBURGH, PA.
STARTED OUT
15-barrel brewhouse, three
30-barrel fermenters, and
a two-barrel testing system
“For Christmas one year, one of
my gifts was lessons on how to
brew beer.” Noticing a gap in
the brewery market in the Quad
Cities region, Fiers partnered with
his father and opened Lionstone
Brewing in 2014. Lionstone
ultimately picked up distributors
in Illinois, eastern Iowa, and the
St. Louis area before being sold
in March 2020.
STARTED OUT
10-barrel brewpub
with seven fermenters
“When we started in 1988, no one
knew anything about craft beer.”
Hall opened Goose Island with
the goal of introducing American
beer drinkers to the traditional
beer styles of Europe, which he
had discovered while traveling
abroad for work. In 1995
the company expanded to a
production brewery and began
selling its beer in Illinois and six
adjacent states. By 2011, Goose
Island was sold in 26 states and
the company was acquired by
Anheuser-Busch. With brewpubs
in London, Toronto, São Paulo,
Shanghai, and Seoul, Goose Island
is now sold worldwide.
STARTED OUT
20-barrel brewhouse
with a two-vessel system
After college, McKay returned
to her hometown to work for
her family’s insurance business.
“We got bored and bought a
building. Dad suggested opening
a brewery in the space.” In 2009,
Peace Tree Brewing opened in
a former car dealership on Main
Street. Peace Tree now includes
a taproom in Des Moines and
is distributed throughout Iowa
and Nebraska.
STARTED OUT
15-barrel brewhouse
with a two-vessel system
“I came back from what felt
like a 25-year business trip and
told my wife I wanted to open
a brewery.” The couple spent a year
traveling to breweries on the
West Coast and in Colorado,
attended craft beer conferences,
and worked up a business plan.
Scorsone purchased an old dive
bar in the Pittsburgh suburbs
and demolished it to build a
brewpub for customers who
wanted the brewery experience
without driving into the city.
When forming the company,
he partnered with his head
brewer and fellow Hawkeye
Dan Leland (BBA83).
16 TIPPIE MAGAZINE WINTER 2021

THE NEXT BIG TRENDS
HARD SELTZER
“It’s here to stay,” declared Hall. Peace
Tree released its first two hard seltzers
in 2020. “Sometimes you need to go
where the market is and use the profit
for passion projects. It hits the marks
on consumer taste and preference—low
carb, gluten free—and a customer base
looking for what’s new and interesting,”
said McKay.
LOW ALCOHOL BEERS
Panelists agreed that beer is a
social beverage. The great majority
of beer sold worldwide is under five
percent alcohol by volume, said Hall,
and to continue to grow, craft beer
needs to make more lower alcohol
beers. Fiers and Hall both forecast
that low alcohol beers—also known
as “session beers”—will be on the rise
in the next five years. Sour beers could
also play a role given that most are
lower in alcohol.
SOURS
There is a bit of a tug-of-war in
American-style sour development
between traditional sours and kettle
sours. “Traditional sours are beautiful,”
said McKay, who went on to say most
breweries rushed to kettle sours
because they can be produced so
much more quickly, and wondered if
the American consumers expectation
of what a “sour” is may be impacted as
a result. Scorsone referenced Portlandbased
Cascade Brewing, which
specializes in traditional sours, as his
yardstick for measuring all sours.
TRADITIONAL SOUR
Takes up to 24 months
to ferment a complex
bouquet of yeast and/or
bacterial cultures.
DYK?
vs
Raising Capital
In addition to raising private
equity, Goose Island issued
low-cost industrial revenue
bonds in 1995 through the
city of Chicago when building
their production brewery.
Lionstone took advantage
of local development
grants and silent investors.
Peace Tree leveraged the
family insurance agency.
Spoonwood created a tight
partnership.
13.6%
CRAFT BEER SHARE OF THE
OVERALL U.S. BEER MARKET
Working with
Partners
“I’ve had a couple of
partners over the years.
Given that over time you
always have differences,
I structured every
agreement so I had the
ultimate decision-making
authority. When you’re
running a small business,
it’s very important to have
one boss.”
KETTLE SOUR
A BIT OF ADVICE
A BIT OF ADVICE
Takes as little as 1-3 days to
ferment using a workaround
of the traditional sour
brewing process.
Danish breweries traditionally produce low alcohol
“children’s beers” at Christmas and Easter.
A NEW BREW IS BORN
312
BY GOOSE ISLAND
4.2% URBAN WHEAT ALE
“Summertime
in Chicago is
not year-round.”
2008 WORLD BEER CUP SILVER MEDAL–
ENGLISH-STYLE SUMMER ALE
The concept for 312 was brought to Hall by his son
Greg, the Goose Island brewmaster. Goose Island
had many requests to make its very popular summer
seasonal beer, Summertime, available all year round,
said Hall. “But as anyone who lives in Chicago knows—
summertime is not year-round.”
A BIT OF ADVICE
Planning for the Worst
“Debt is a curse word in our business. We kept
the ownership pretty tight. In times like these, it’s
good not to have a big mortgage payment. You can
always grow and expand but build your business
for the worst-case scenario. My family owns the
building and the land, and we lease it back to
Spoonwood. Our head brewer owns 35 percent of
the company, my friend Dan owns 10 percent,
and I own the remainder.”
–GRANT SCORSONE
A NEW BREW IS BORN
Blonde Fatale
BY PEACE TREE
8.5% BELGIAN STRONG ALE
“That beer
is seductive.”
2014 WORLD BEER CUP GOLD MEDAL–
BELGIAN-STYLE BLONDE ALE OR PALE ALE
The first night this new brew was on tap, McKay showed
up to the brewery later in the evening. “Everybody’s faces
were really red. The room was louder than ever. One of
our bartenders told me, ‘That beer’s seductive. We should
name it Blonde Fatale.’”
17

hawkeye
PRIDE
2020s
2010s
Andrew Stoefen (BBA20)
is a finance and accounting
development member at HNI.
Sabrina Knapp (BBA20)
accepted a full-time offer as
a recruiter with Northwestern
Mutual Eastern Iowa.
“ If not for the
University of
Iowa and its
resources to
students, I
wouldn’t have
found Northwestern
Mutual.”
Brenden O’Brien (BBA20)
is a business intelligence
developer with Werner Enterprises
in Omaha, Neb.
Sarah Tabor (BBA20)
is a configuration analyst
with Cerner. While at Tippie,
she was the president of
InvestHer, a community of
students committed to building
knowledge and networks
in finance, exploring careers,
developing leadership, and
investing in women.
Matt Tolton (BBA20)
is executive vice president of
Duke Rentals and has founded
his own consulting company,
Tolton Technologies.
Sydney Alexander (BBA18)
is a brand strategy and analytics
specialist at Volkswagen
Group of America, marrying
her passions for creativity,
data, and cars. She was
promoted to this position
after spending two years in
Volkswagen Group of America’s
Graduate Program.
Kristen (Donahoe) Doerr (BBA11) poses
with her infant son and future Tippie
student William Doerr and proud aunt
Megan Donahoe (BBA19/MAc20).
Are you an alum who recently added a baby to your
household? Tell us the news of your family’s addition
through our online alumni update form and we’ll
send you a bib! tippie.uiowa.edu/update
Benjamin Udell (BBA20)
is an analyst on Hilco Real
Estate’s lease restructuring
team in Illinois.
Let’s #MaskUpIA
Azeemuddin
Ahmed (MBA10)
New in the
Hawk Shop
hawkshop.com/tippie
Isaac Perrilles
(BBA20)
“ I’ve always been
a bachelor, but now
I have a degree to
prove it. Thanks
@uiowa for some of the
best years of my life!
#AlwaysAHawkeye”
Katherine Boyle (BBA17)
was elected to the Tippie
Young Alumni Board. She is
a commercial banking analyst
at BMO Harris Bank in Dallas,
Texas.
Alyssa Casolino (BBA16)
is a sales analyst on the CVS
team at Henkel in Stamford,
Conn. Henkel is a top global
manufacturer of laundry and
home care products. Casolino
was previously the assistant
brand manager at Revlon
in Chicago.
Travis Eichelberger
(MBA18) has been named
president of Moxie Solar,
an energy company in
North Liberty, Iowa. He was
named a 2020 Forty Under
40 honoree by the Corridor
Business Journal.
18 TIPPIE MAGAZINE WINTER 2021

CONNECT WITH US @TippieIowa TippieIowa Tippie College of Business @TippieCollege
Rita Guzmán (BBA18)
was elected to the Tippie
Young Alumni Board. She is
a college relations manager
and program advisor at IES
Abroad in Chicago.
Noopur Inani (BBA18)
was elected to the Tippie
Young Alumni Board. A graduate
of the Business Analytics
Department, she is Technology
Senior Analyst and Certified
Scrum Product Owner (CSPO)
at Accenture in Chicago.
Michelle Jensen (MBA15)
was one of four female CEOs
featured in an article by the
Corridor Business Journal. She
is the CEO of CarePro Health
Services in Cedar Rapids, Iowa.
Katie LaCroix (BBA18)
was elected to the Tippie
Young Alumni Board. She is an
account executive at 4FRONT
in Chicago.
Cory Mead (BBA11)
was named chief operating
officer at Overland Park
Regional Medical Center, an
acute-care hospital in Kansas.
He was previously COO at
Southern Hills Medical Center
in Nashville, Tenn., and associate
COO at Reston Hospital
Center in northern Virginia.
Santino Morena (BBA17)
was elected to the Tippie
Young Alumni Board. He
works in the tax department
at EY in Chicago.
Jackson Nichols (BBA17)
was elected to the Tippie
Young Alumni Board. Nichols
is an investment associate at
Northern Trust and an MBA
candidate at the University
of Chicago Booth School of
Business.
Daniel E. O’Malley (BBA19),
a business analyst at Aramark
in Chicago, was awarded the
Regional 30 under 40 award
from the West Suburban
Chamber of Commerce and
Industry for his work as president
of Not Your Father’s
Foundation, a charity organization
focusing its efforts on
local community needs. He
started the organization with
friends in high school, continued
during his time at Tippie,
and continues to grow.
Andrew D. Oswalt (BBA11)
won the Outstanding Committee
Chair Award from the
Iowa Society of CPAs (ISCPA)
at a virtual ceremony in May
2020. The award recognizes
an ISCPA member for their
outstanding leadership and
contributions as the chair of
an ISCPA committee. Oswalt
chairs the Leaders Emerging
in the Accounting Profession
(LEAP) Committee. Oswalt is
a senior tax analyst at TaxAct
in Cedar Rapids, Iowa.
Hi @TippieIowa
and @uiowa
when can we
deposit tuition?
Dawson’s ready
for the black
and gold.
Lauren (Bannon)
Probst (BBA16)
James Seils (BBA11/MAc12)
cofounded Trifecta Sports LLC.
Seils is also the chief technology
officer with the company
that offers a sports gaming
platform called BettorEdge.
Faviola Santana (BBA19)
was elected to the Tippie Young
Alumni Board. She is a talent
acquisition specialist with Alliant
Energy in Cedar Rapids, Iowa.
Jake Schafer (BBA19)
received a 2019 Elijah Watt
Sells Award from the American
Institute of CPAs (AISCPA) for
obtaining a cumulative average
score above 95.5 across
all four sections of the Uniform
CPA Examination on his first
attempt. He also received a
Capstone Award from the
Iowa Society of CPAs (ISCPA)
for being in the top four CPA
exam performers in Iowa in
2019. Schafer is an assurance
associate at PwC in the greater
Los Angeles area.
Charles Schaller (MBA17)
was promoted to senior director
of business planning for
Optum’s Advanced Technology
Collaborative. Schaller
will be providing leadership
to its technology accelerator,
the Optum Startup Studio.
His focus is on driving enterprise
adoption of emerging
advanced technologies (artificial
intelligence, deep learning,
blockchain, and ambient
computing). Schaller is also
a senior director of advanced
technology at UnitedHealth
Group in Minnesota.
19

2000s
Aaron Wikner (MBA14) has
retired from John Deere after
24 years with the company.
Cinda Schledewitz (MBA11)
started a new position with
Vizient as a pharmacy executive
based in California. She
also cofounded a company
with her husband, Riches
Displays LLC.
Neil Zhang (BBA16) was
elected to the Tippie Young
Alumni Board. He is an
investment analyst at UBS
Multi-Managers Real Estate in
the greater Chicago area.
Your Name Here
(BBA/MBA/PhD)
Nicholas O. Cooper (BBA01)
began a one-year term in
May 2020 as president of
the Polk County Bar Association
(PCBA). Cooper is an
attorney at Whitfield & Eddy
in Des Moines.
Nicole Thorne Jenkins
(PhD02) was named dean
of the McIntire School of
Commerce at the University
of Virginia. Previously she was
the Executive Associate Dean
for Administration, Faculty &
Research at the University of
Kentucky Gatton College of
Business and Economics.
Ryan M. McBride (BBA07)
was recently promoted
to chief operating officer,
execution and platform,
global markets at UBS in
New York City.
Mike D. Phillips (BBA04) was
appointed senior vice president
and chief accounting officer at
InvenTrust Properties Corp.
in the greater Chicago area.
Phillips has been with Inven-
Trust for over 10 years and will
remain controller along with his
new appointments.
Oladipo (Dipo) Thompson
(MBA17) and his wife
Omobola welcomed future
Tippie student Oladipo Ethan
Thompson to their family on
June 30, 2019. He weighed 7 lb.,
5.8 oz. and was 20.5 inches tall.
New job?
New grand/baby?
Retirement?
It’s ok to brag a little.
Send your update to:
tippie.uiowa.edu/update
Vince Ellison (MBA09) has
been named vice president
and general manager in the
Iowa market for Knutson
Construction.
Heather Juhascik (BBA00)
was promoted to business
analyst in procurement
and payable services at the
University of Dayton.
Nils Thorson (BBA13) was
promoted to brand strategy
manager at Transamerica
in Denver, Colo. He is the
lead strategist for all paid
advertising across print,
search, display, podcasting,
social media, and more. He
says his marrying creativity
with analytics was critical
to his success.
“ My time with
students in
advertising, the
Marketing
Institute, and
IMU Marketing
and Design all
helped teach me
that lesson.
And for that
I am very
grateful. Thank
you, Tippie!”
Chris Felderman (BBA01/
MAc02) was promoted to
managing director and head
of Financial Due Diligence at
Palm Tree LLC in Chicago.
Mitch Martensen (MBA06)
is vice president of Mission
Systems Operations at Collins
Aerospace. He is a new
member of the Tippie Advisory
Board.
Rob Pick (BBA09) married
Ewelina Lewandowska. Pick is
a manager at Bain & Company
in the greater Chicago area.
Janet W. Morissette
Swanson (MBA03) retired
from John Deere in July 2019.
20 TIPPIE MAGAZINE WINTER 2021

1990s
Tyler Scheppmann (BBA07)
has been promoted to senior
vice president of investor relations
at Dermody Properties.
Robin Therme (MBA00)
is the president of CIVCO
Medical Solutions. She is a
new member of the Tippie
Advisory Board.
Brian Trego (MBA06)
is now the senior vice president
of product at Vari, a
standard setting furniture
company that started with
standing desk solutions.
HAWKEYE memories
Michael Wiebler (BBA06)
brought his love of movies
and football together when
he landed with the NFL in
September 2019, as director
of content strategy in the
league’s Club Media Group
at the NFL Network facility in
Los Angeles. There, he oversees
an in-house consulting
firm of sorts, working with
all 32 NFL teams to develop
better content for their digital
platforms.
Patrick Wood (BBA08/
MAC09) has been appointed
chief financial officer of
Kemin Industries, a global
ingredient manufacturer
based in Des Moines, Iowa.
He was promoted from
vice president of finance for
Kemin Nutrisurance.
Warren Buffett celebrated his 90th
birthday in August 2020. Back in 2012 he
met with a group of Iowa MBA students
and put the W[arren] in I-O-W-A.
Kevin Den Adel (PhD99) was
reelected as treasurer of the
Iowa Society of CPAs (ISCPA)
for 2020-2021. He has held
the position since May 2019
and is an associate professor
of instruction and the director
of undergraduate studies
in accounting at the Tippie
College of Business.
Melanie Boulden (MBA98)
was recently named senior
vice president of marketing
for Coca-Cola North America.
She joined the company in
August 2019 as president and
general manager of its Venturing
and Emerging Brands and
was later president of the
Stills Business Unit, leading
the company’s water, active
hydration, tea, and coffee
business. Previously, Boulden
held global marketing positions
at Reebok and Crayola.
She is a new member of the
Tippie Advisory Board.
Mark Gamis (BBA91/
MBA93), senior vice president
at Booz Allen Hamilton in
the greater Atlanta area, was
named to WashingtonExec’s
Top 25 Cyber Execs to Watch in
2020 list. Gamis leads Booz’s
civil cybersecurity business,
integrating leading cyber and
engineering capabilities to
defend against increasingly
complex cyberthreats.
Eric Hansotia (MBA98) was
named chairman and chief
executive officer of the global
machinery company, AGCO
Corporation effective January
1, 2021. He has been the senior
vice president and COO with
AGCO since 2013. Before joining
the company, he worked at
Deere & Company for 20 years.
Cory Harris (BBA94)
has been named CEO of Wellmark
Blue Cross and Blue
Shield, effective January 1,
2021. He has been with Wellmark
for the last nine years,
most recently in the positions
of president and chief operating
officer.
Scott Heiferman (BBA94),
cofounder and chairman of
Meetup, won the 2020 Alumni
Entrepreneur of the Year
Award from the University of
Iowa’s John Pappajohn Entrepreneurial
Center. Meetup,
Heiferman’s third startup,
is a platform for finding
and building local communities
and has offices in New
York and Berlin.Meetup has
attracted over 100 million
members, with 12,000Meetup
gatherings occurring every
day (pre-COVID). Heiferman
served as the CEO from
2002-2018 and brought
the company to profitable
sustainability when it was
purchased by WeWork.
Nicole Johnston (BBA94)
is now the chief sales officer
in the food division of Newell
Brands. She is also a new
member of the Tippie Advisory
Board.
Claudia Marban (BBA99)
celebrated 20 years with
Ameriprise Financial. Marban
is a private wealth advisor with
Claudia Marban & Associates,
a private wealth advisory practice
of Ameriprise Financial
Services Inc.
Erik Torgerson (MBA93)
is a new member of the Tippie
Advisory Board. Formerly a
partner and senior advisor
at Norwest Equity Partners,
Torgerson is a private investor.
21

1980s 1970s 1960s 1950s
Bob Keig (BBA81), under the
pen name Robert Joseph, has
published a novel, Shadow of
Descent. The book is billed as
a thrilling international adventure
full of surprising twists and
turns that chronicles a family’s
struggles against their trustee
and an underworld crime
syndicate.
Angela Sanders (BBA86/
MA88) was elected to a threeyear
term as a director on the
Iowa Society of CPAs (ISCPA)
Board of Directors. She is
senior vice president and
controller at Principal in Des
Moines, Iowa and a member
of the Professional Accounting
Council at Tippie.
Jeff Chapman (BBA79)
received a Distinguished
Alumni Award from the
University of Iowa. He is an
accomplished attorney, civil
leader, and supporter of the
Tippie College of Business, UI
Athletics, and the Iowa Writers’
Workshop. Chapman is
co-chair of the Global Mergers
and Acquisitions Practice
Group at Gibson Dunn in
Dallas, Texas.
David Hindt (BBA79),
a retired Air Force officer, is
the executive director of the
F-111 Memorial Foundation.
The foundation is working to
design and fabricate a memorial
dedicated to the men and
women that flew, maintained,
and supported USAF F-111,
FB-111, and EF-111 aircraft.
The foundation plans to donate
the finished memorial to the
National Museum of the United
States Air Force.
Daniel W. Collins (BBA68/
PhD73) was awarded the
Distinguished Faculty Mentor
Award from the Tippie
College of Business. He is
entering phased retirement.
Gene Wunder (BBA69) is
enjoying retirement with his
wife Judy K. (Stone) Wunder
(BA64). The couple splits
their time between Topeka,
Kan., and Brandon, Fla., where
their two daughters and three
grandsons live.
Virginia Fay Swihart Mee
(BSC57/MA59) is an emeritus
faculty member at Missouri
State University where she was
the director of the Management
Development Institute
at the MSU College of Business
for 24 years. In that role
she was known for her heart
for nontraditional students
and establishing deep ties to
the business community that
built economic development
in Springfield, Mo., and beyond.
After her retirement in 2002,
she went on to work in a parttime
capacity at Drury University
for 12 years as director of
faculty services and fully retired
at the age of 80 in 2015.
“
I have deep
affection for
the University
of Iowa and the
education
I received.”
Sarah D. Lande (MBA83)
was selected to receive a 2020
University of Iowa International
Impact Award. The award
is the premier international
award conferred on alumni
and friends of the university. It
is given annually to an exceptional
individual or individuals
who have made sustained and
deep contributions internationally
or in the United States to
promote global understanding.
Maria Turner (BBA86) was
named by Consulting magazine
as one of the 2020
Women Leaders in Technology.
She is the managing
director at AArete in Chicago
and a member of the Professional
Accounting Council.
HAWKEYE memories
SHARE YOUR
HAWKEYE memories
Submit your photos to:
tippie.uiowa.edu/update
Over the summer,
Emma Hapeman
(BBA21) found this
photo of her dad
Jim Hapeman
(BBA82) from his
time in Australia
studying abroad
while a student.
Your Name Here
(BBA/MBA/PhD)
New job?
New grand/baby?
Retirement?
It’s ok to brag a little.
Send your update to:
tippie.uiowa.edu/update
CONNECT WITH US
@TippieIowa
TippieIowa
Tippie College of Business
@TippieCollege
EDITOR’S NOTE: Alumni updates 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.
22 TIPPIE MAGAZINE WINTER 2021

in
MEMORIAM
Baumback in 2017 with scholarship
recipient Mackenie Phillips (BBA17).
George G. Kaufman (PhD62)
March 6, 1933 – June 25, 2020
Renowned economist George G. Kaufman, researcher for and consultant
to the Federal Reserve Bank of Chicago, economist who served Presidents
Gerald Ford and Jimmy Carter, and Professor of Economics and Finance
at Loyola University Chicago, passed away of Parkinson’s disease at age
87 at his home in Chicago.
Born in Germany, Kaufman’s family fled the Nazis regime for Amsterdam
in 1936, and in 1940 were on one of the last ships to take Jews out of
the Netherlands. After being drafted into the U.S. Navy from 1955 to 1957,
Kaufman earned a PhD in economics at the University of Iowa. Kaufman
began his academic career after over a decade with the Federal Reserve
Bank of Chicago.
Kaufman served as the deputy to the assistant secretary for economic
policy at the U.S. Department of the Treasury during the Ford administration,
and as acting director of research for the Comptroller of the Currency
during the Carter administration.
Janice S. Baumback
July 7, 1922 – July 9, 2020
Community pillar Janice Baumback passed away in Iowa City at the age
of 92. Born in Shanghai, China, Baumback graduated from college in 1944
and then attended Northwestern on a Marshall Field Scholarship. She
married Clifford M. Baumback (PhD53) in 1945 and lived the majority of
her adult life in Iowa City, Iowa, where her spouse was a faculty member
in the Department of Finance from 1953 to 1980. For 14 years she was
employed as a clinical social worker in child psychiatry at the University
of Iowa Hospitals and Clinics.
A talented community organizer, Baumback led many organizations,
including serving as all-city PTA president, church elder, and national-level
positions with her sorority, Alpha Xi Delta. Baumback paid tribute to her
husband’s legacy as the first director of the Entrepreneurial Management
Institute (now the John Pappajohn Entrepreneurial Center), by establishing
the Clifford Baumback Scholarship, which is awarded to senior-level Iowa
students who demonstrate an interest in entrepreneurship.
1930s
Daniel R. Kramer (BSC39)
1940s
Eleanor Anker (BSC40)
Newell P. Crockett (BSC43)
Charles E. Devens (BSC49)
Harold J. Gallagher (BSC42)
James J. Holahan (BSC49)
Donald J. Hotka (BSC46)
Robert E. King (BSC43)
Maxine Mansfield Shaber (BSC46)
Stanley B. Slocum (BSC49)
Patricia N. Stevens (BSC48)
Robert H. Stroup
(BA48/MA49/PhD53)
Joan W. Summerwill (BSC42)
Lester E. Umthun (BSC49)
Robert J. Welter (BSC49)
1950s
Thomas L. Boyd (BSC52)
Barbara D. Brodsky (BSC53)
Jerry C. Chalupnik (BSC56)
J. David Cox (BSC59)
Charles R. Dauchy (BSC51)
James A. Dorothy (BSC56)
John T. Dotson (BSC58)
Marvin F. Dworzak (BSC58)
John T. Glasman (BSC55)
Jack E. Hayes (BSC51)
Donald G. Heene (BSC58)
Kenneth W. Hill (BSC52)
James E. Houser (BSC56)
Jack W. Lowry (BSC55)
Joy M. Menne (BSC58)
Gary E. Meyer (BSC58)
Carroll V. Parks (BSC50)
Thomas J. Prechel (BSC55)
C. Kenard Roberts (BSC51)
James R. Shanklin (BSC59)
Charles H. Sheehy (BSC50)
Donald R. Sherk
(BA58/MA60/PhD63)
Donald W. Schneden (BSC57)
Jerome H. Slebiska (BSC53)
Loy D. Smith (BSC53)
John S. Spear (BSC56)
Paul W. Stephenson (BSC56)
Martin L. Stoll (BSC50/MA56)
Wayne C. Wessels (BSC58)
Leroy E. Waggoner (BBA59)
Charles W. White (BSC53)
Shirley J. Yates (BSC57)
1960s
Keith A. Benson (BBA65)
Rex A. Bentzinger (BBA67)
Ronald K. Calgaard (MA61/PhD63)
Robert J. Casey (BBA63)
Fred R. Dryg (BBA64)
Robert E. Eubank (BBA69)
Gary E. Ewoldt (BBA61)
Ronald B. Gill (MA61)
Michael C. Hoyt (BBA61)
Inder Pal Khera (MA63/PhD68)
Wayne P. Medlang (MA64)
Michael E. Nugent (BBA66)
Donald D. Scriven (PhD65)
David F. Shores (BBA65)
Rene W. Sopher (BBA63)
Gary K. Welsh (BBA69)
Marilyn I. Will (MA62)
Robert L. Ziolkowski (BBA67)
1970s
John C. Arnold (BBA73)
Holly K. Dalager (BBA72)
Meredith E. Houle (BBA71)
Jerry N. Johnson (BBA72)
Morris G. Kalgaarden (BBA75)
Thomas W. Lorey (BBA73)
Dennis C. Nellor (BBA71)
James M. Roach (BBA79)
Dennis G. Starling (BBA72)
James A. Streinz (BBA75)
1980s
Kent E. Bragdon (BBA83)
Tracy L. Cheney (BBA84)
Theodore J. Economos (BBA80)
Michael S. Hurley (BBA81)
Cynthia D. Jewell (BBA82)
Mark T. Langford (BBA82)
Michael A. Lex (BBA87)
Herbert E. Musser (BBA83)
Trent D. Stowater (BBA88)
1990s
Michael T. Dubson (MBA91)
Carolyn R. Hufferd (BBA97)
John D. Phillips (PhD99)
2000s
Thomas C. Heath (BBA06)
Kari M. Kutcher (BBA06)
2010s
Madeleine K. Baird (CER18)
Don M. Benskin (BBA10)
Sam M. Chozen (BBA11)
2020s
Amanda C. Myers (BBA20)
23

HOW TO
During his freshman year in a large lecture hall, Johnathan Prunty was handed a flyer encouraging students
to apply for a summer job where they could make $10,000. Selling Southwestern Encyclopedias door-to-door in
the Los Angeles area for three consecutive summers was the origin of Johnathan’s sales career (he earned
over $10,000 each summer). After college, he went into medical device sales—first in orthopedics and spine and
now heart and vascular with Medtronic, one of the largest medical device companies in the world.
THIS / OR / THAT?
STYLE / SUBSTANCE
PRICE / VALUE
TALK / LISTEN
COFFEE / DRINKS
PERSONAL BRAND / COMPANY BRAND
SHORT TERM / LONG TERM
PHONE CALL / EMAIL
CUBS / WHITE SOX
SUIT / SCRUBS
SPONTANEOUS / PLANNED
TWITTER / LINKEDIN
SIMPLE / COMPLEX
MARKETING / BRAND
RESEARCH / WING IT
Johnathan Prunty (BBA09)
Senior Sales Representative, Medtronic, Chicago
Host of the Podcast: What Are You Selling?
24 TIPPIE MAGAZINE WINTER 2021

Tippie Magazine is published semiannually
for the alumni and friends of the University of Iowa
Tippie College of Business.
DEAN
Amy Kristof-Brown
EXECUTIVE DIRECTOR OF COMMUNICATION,
ALUMNI, AND EXTERNAL RELATIONS
Barbara Thomas (MBA11)
EDITOR AND DIRECTOR OF COMMUNICATIONS
Rebekah Tilley
DESIGN
The Williams McBride Group
WRITERS
Tom Snee
Jennifer Wagner
Kristin Wurster (BA06/MA08/PhD18)
PHOTOGRAPHERS
Jonathan Chapman
Lloyd DeGrane
Danny Wilcox Frazier (BA93/MA04)
B. Horrigan
Geneva Ko
Amanda May (BA05/BFA05)
Brian Ray/UI Athletics (BA02)
Adena Stevens
COPY EDITOR
Lesanne Fliehler (MA83)
...one last thing...
“When I was browsing old yearbooks for this issue,
I ran across this photo of the May 1970 student protest
at the Old Capitol. The day I found this photo, the
Old Capitol was again covered in graffiti by students
protesting violence and had even reached the
Pappajohn Business Building (see page 3). Somehow
this offered me a measure of comfort: protesting
is a Hawkeye tradition that goes back generations.
And the constant is Old Cap itself.”
—REBEKAH TILLEY, EDITOR
ACCREDITATION
Since 1923 the college has maintained
accreditation with the Association to
Advance Collegiate Schools of Business.
Opinions expressed are not necessarily
shared by the university, the publishers,
or the editors. © 2021 University of Iowa
Tippie College of Business.
All rights reserved.
The University of Iowa prohibits
discrimination in employment, educational
programs, and activities on the basis
of race, creed, color, religion, national
origin, 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. W43532
Courtesy of Special Collections, The University of Iowa Libraries

108 John Pappajohn Business Bldg.
Iowa City IA 52242-1994
tippie.uiowa.edu
old
GOLD
1971
HOP TALK
Hawkeye brewers
spill it on page 16.
Courtesy of Special Collections, The University of Iowa Libraries