Tippie Magazine (Summer 2021) - Tippie College of Business

TIPPIE
SUMMER 2021
magazine
IN THIS ISSUE
AKB
Amy Kristof-Brown Is
Just Getting Started

WHAT DOES THE FUTURE HOLD?
The best business professionals are always
looking forward, but you may find yourself
being even more future-focused than usual.
As vaccines continue to roll out globally, our
eyes are fixed on taking that longed-for vacation,
visiting with old friends and missed family
members, and trying to plan for what work and
life will look like in the future.
We’re coming out of an incredibly challenging time, yet one of profound
self-discovery. We’ve learned new skills. We plumbed the depths of our
flexibility. We have a more complete understanding of what gives us energy,
and what takes it away. We’ve forged new connections despite the distance,
and we have achieved clarity that only comes through trial.
When I walk the halls of the Pappajohn Business Building, I see the future.
I see students learning the skills to solve today’s challenges as well as
tomorrow’s. I see faculty engaged in research that will guide and support
industries. I see a living organization with 100+ years of connections, talent,
and vision continuing to evolve into a great place to work and learn.
Wherever you go after you leave this campus, you’re always a Hawkeye. It
can feel natural to think of this place as merely part of your past, yet as you
read in these pages about the Tippie Leadership Collaborative, wrestle with
the future of work, and check in with your career ambitions, I encourage you
to consider how the Tippie College of Business could be part of your future.
We’re here to help people and organizations accomplish their dreams.
How can we help you?
Amy Kristof-Brown
Henry B. Tippie Dean

4
6
16 24
FEATURES
4
Black and Gold Moneyball
This business analytics student grew up loving baseball.
Now he’s Iowa Baseball’s lead data analyst.
DEPARTMENTS
2
THE 319
Faculty who ranked in the top 2% of the world’s
researchers… and more.
6
Tippie Leadership Collaborative
We envision a “Tippie without walls” where we provide
lifelong learning opportunities for people and organizations
all over the state, nation, and world.
8
BRAIN ROCK
The Future of Work
Tippie experts answer your most pressing questions
as we reimagine the post-pandemic workplace.
10
COVER STORY
Amy Kristof-Brown Is Just Getting Started
She cut her teeth in Tippie’s top spot by navigating through a
once-in-a-century crisis. (No biggie.) Next up? Well, we’ll let
her tell you herself.
18
ALWAYS A HAWKEYE
Hawkeye Pride
Future Hawkeyes, career updates, and David Lee
Roth at Kinnick Stadium.
In Memoriam
16
Kum & Go Has Change in Store
Three keys to a successful company leadership transition
from Tanner and Kyle Krause (BBA85).
24
HOW TO...DELIVER
Patti Humble (BBA86) is delivering in her role as
chief accounting officer for UPS.
CONNECT WITH US @TippieIowa TippieIowa Tippie College of Business @TippieCollege
ON THE COVER Amy Kristof-Brown joined the college in 1997. Photo by Justin Torner.

the
319
DYK?
319 has been
the Iowa City
area code
since 1947
#1 in IOWA
Top 4
in Big Ten
CPA Exam first-time
performance, 2016-2019
TOP 2%
IN THE
WORLD
TIPPIE ANALYTICS
WINS INTERNATIONAL
ANALYTICS AWARD
The Department of Business Analytics won
the 2021 UPS George D. Smith Prize, which honors
excellence in preparing students to practice in
the areas of analytics or operations research.
The award is given by INFORMS, the largest
international association of analytics and
operations research professionals.
These 13 Tippie faculty were recognized in a
2020 study published by Stanford University
identifying the most impactful global
researchers in their academic subfield.
Rabah Amir, J. Edward Lundy Professor of Economics
Sam Burer, George Daly Professor of Business Analytics
Dan Collins, Henry B. Tippie Research Chair in Accounting
Patrick Fan, Henry B. Tippie Excellence Chair in
Business Analytics
Paul Hribar, Henry B. Tippie Excellence Chair in
Accounting
Arturs Kalnins, Henry B. Tippie Research Fellow
Amy Kristof-Brown, Henry B. Tippie Dean
Johannes Ledolter, Robert Thomas Holmes Professor
of Business Analytics
Irwin Levin, Emeritus Professor of Marketing
PARTNERSHIP
ARTICULATION
AGREEMENTS
The Master of Science in Finance
program now guarantees admission
to qualified graduates of Grinnell
College, Cornell College, and the
University of Northern Iowa.
Mick Mount, Emeritus Professor of Management and
Entrepreneurship
Sara Rynes-Weller, Emeritus Professor of Management
and Entrepreneurship
Frank Schmidt, Emeritus Professor of Management
and Entrepreneurship
Greg Stewart, Mary H. Bell Chair in Leadership
3TIPPIE MAGAZINE SUMMER 2021
2

1st
PLACE finish
The Henry Fund was named best graduate
student-managed investment fund by
Quinnipiac Global Asset Management
Education Forum. The fund returned 29.99% in
2020, beating the S&P 500 by better than 11%.
3 REASONS
CAPABLE PEOPLE
DON’T LEAD
Palmer Professor of Management and Entrepreneurship
Jennifer D. Nahrgang identified
three reasons talented employees hesitate
when given the opportunity to take charge.
1
2
3
Social Risk
Leadership could damage interpersonal
relationships with colleagues
Image Risk
Perception of being “ambitious”
or “aggressive”
Blamed for Failure
Fearing a group project stumble could
sour a professional reputation
How can these obstacles be
overcome? Read the Harvard
Business Review article.
4
TIPPIE ALUMNI—
Erin Brewer (MBA17), Amelia Hagen (MBA16),
Denis Demini (MBA17), and Alessandro
Rocchi (MBA20)—were part of a unique virtual
opportunity for Tippie students to explore Italy
while examining the business, social, and political
response to the pandemic over winter break.
Hawkeyes
Help
Three Tippie graduate students
volunteered their time to help families
find affordable housing. Working with the
nonprofit Iowa-based mortgage company
Neighborhood Finance Corporation, the
collaboration with the Hawkeyes led to a
78% increase in the number of
purchase loan applications.
1.5%
whole
UNDERGRADUATE BUSINESS STUDENT ENROLLMENTS GREW
by 1.5% between Spring 2020 and Spring 2021. By contrast, the University of Iowa as a
saw a 6.2% decrease in undergraduate enrollment over the same period.
3

student
FEATURE
Sam Bornstein
Lead Data Analyst for Iowa Baseball
4 TIPPIE MAGAZINE SUMMER 2021

BLACK AND GOLD MONEYBALL
BY TOM SNEE
Sam Bornstein grew up loving baseball, but baseball
didn’t love him back. Not at first, anyway.
He played the game for years while growing up in
Wheaton, Ill. But baseball is hard and he was not blessed
with great skills, so his on-field career came to an end
after high school.
Bornstein was always mathematically inclined, though, and he started paying attention
to analytics, the advanced statistics that have taken over the game since former Oakland
A’s general manager Billy Bean published Moneyball in 2003. In the book, Bean explains how
he crunched numbers in new and innovative ways to make the small-market, low-payroll A’s
perennial contenders for baseball’s playoffs. As a result, numbers like launch angle, spin rate,
and Wins Above Replacement are now as important as batting average, RBIs, and ERA.
“I’ve always been an analytical person, and meshing analytics with my love for baseball
made sense,” he says. “In high school, I realized this is what I was meant to do, and I’ve
never looked back.”
Bornstein loves that stuff. He came to Iowa as an undergrad to major in Business Analytics
and Information Systems (BAIS) in the Tippie College of Business. He joined the Hawkeye
baseball team as a student manager as a freshman, then started its analytics department
as a junior in 2019. Now a first-year student in the Master of Science in Business Analytics
(MSBA) program, he heads a unit for Iowa baseball that’s grown to 12 members and helps
Head Coach Rick Heller make planning and strategy decisions.
Analytics has become such an important part of a baseball team’s success that most
teams are continually beefing up their staffs to find that one obscure number that will
give them a slight edge over everyone else. Bornstein hopes to latch on with one of them
when he graduates with his MSBA in December. This summer he’s working for Driveline
Baseball in Kent, Wash., as a research and development pitching floor analyst intern.
“It’s all about helping the athletes get better, giving the coaching staff information they
need to make good decisions, and finding ways to win games,” he says. •
DYK?
Wins Above Replacement, or WAR, is a measure of a player’s value in all aspects of the game.
It helps determine how many more wins the player would make in contrast to a comparable
minor league player or available free agent.
5

college
FEATURE
TIPPIE LEADERSHIP
COLLABORATIVE
BY REBEKAH TILLEY
The Tippie Leadership Collaborative is the college’s new
resource hub for companies and nonprofits looking to develop
talented leaders and solve business problems. We’re home to
some of the most sought-after experts in the world on topics
around leadership, team development, employee engagement,
diversity and inclusion, and talent management.
EXPERTS WITHOUT BORDERS
Whether in person or virtual,
the Tippie Leadership Collaborative
can come to you. Past and current
clients, locations highlighted in yellow,
are found all over the United States.
“We wanted to give our high-potential employees a
very prestigious and impactful leadership opportunity.”
—DONNA MEADE (MBA89), vice president of human resources at HNI Corp.
6
TIPPIE MAGAZINE SUMMER 2021

THREE RESOURCES FOR YOUR BUSINESS
“When companies are facing a business challenge, we want them
to think of Tippie as their solution.”
—DEAN AMY KRISTOF-BROWN
CUSTOM EXECUTIVE EDUCATION
Design a development experience
that challenges and excites your
future leaders. Our executive
education programs range from
half-day workshops to year-long
programming.
“We view the University of Iowa
as a trusted partner who takes an
inquisitive approach to developing
customized programs. They started
by asking questions to understand
who we are, what our needs are,
and how they could best deliver
content that is going to be impactful,
retained, and utilized. Through
collaboration with faculty experts,
the content is aligned to topics HNI,
as a company, is prioritizing. The
facilitators do a nice job of drawing
out the participants so it’s not a
one-way lecture. At the beginning,
we wondered if a large university
would be as agile as we hoped they
would be. And our experience has
been nothing but great.”
BRAD STOEFEN, training and
development manager at HNI Corp.
RESEARCH PARTNERSHIPS
You have a thorny business
challenge; our faculty researchers
can explore every aspect of
your problem and help you find
innovative solutions.
The U.S. Department of Veterans
Affairs wanted to improve its
patient care while streamlining
service. They also wanted to test
if new modifications met their
goals, so they began working
with Greg Stewart, Mary H. Bell
Chair in Leadership. Together,
they tested to see if health care
delivery could be improved when
individual patients are assigned
long-term, interdisciplinary
teams of coordinated health care
professionals, as opposed to a
random selection of different
doctors, nurses, and clerks for each
visit. In the end, the VA came away
with a thorough study—with design,
training, and analysis developed
in collaboration with Stewart—
demonstrating that assigned teams
were able to know and serve their
patients better.
EXPERT SPEAKERS
Invite our internationally
recognized thought leaders
to share their knowledge and
expertise with your leaders and
staff—either in person or virtually.
“Dr. Jennifer Nahrgang recently
gave a presentation to our local
chapter of the Association of Talent
Development on ‘Why Capable
People Are Reluctant to Lead.’ Her
facilitation style was the perfect
blend of presenting content and
encouraging attendees to actively
participate in the learning
experience. Our members deeply
appreciated the opportunity to
learn about the topic at hand, as
well as about other resources and
opportunities available through the
Tippie Leadership Collaborative.”
JON SEXTON, senior vice president
of culture and leadership development at
Vibrant Credit Union •
the BOTTOM LINE
The Tippie Leadership Collaborative is a cost-effective solution to your business challenge.
Start a conversation: tippie.uiowa.edu/TLC
7

ain
ROCK
THE FUTURE OF WORK
We asked our faculty experts your
most pressing questions as we reimagine
the post-pandemic workplace.
BY REBEKAH TILLEY
QJENNIFER D. NAHRGANG
Palmer Professor of Management and Entrepreneurship
As we transition out of the pandemic, not everything will return
to “normal.” What are some effective ways of managing change
and uncertainty in our organization?
The key to managing this
transition is to consider both
agility and resilience.
On one hand, organizations
need to adopt a growth mindset
and encourage risk-taking and
continued innovation. If you look
at data from the 2009 financial
crisis, you’ll find companies that
invested in innovation during that
crisis outperformed peers during
the recovery. During the pandemic,
customer and employee needs have
changed. All of this opens up new
opportunities for organizations
if they can view uncertainty as
an opportunity rather than a
hindrance.
We should think of change like an
improv actor and say “Yes and”;
accept what’s being offered in
the environment and innovate in
order to succeed. Some practical
ways organizations can be more
agile is through the use of small,
cross-functional teams to bring
experts together to solve complex
problems. Crowdsourcing ideas
from employees enables them
to have a voice about needed
organizational changes.
On the other hand, organizations
who embrace agility will also face
failures. Clearly, they cannot fail
too much or for too long. The
topple rate of organizations,
defined as the likelihood an
organization loses its position
as an industry leader, has more
than doubled over the past 40
years. This points to the need for
resilience, or the ability to adjust
easily to misfortune.
If we go back to the example of the
improv actor, they risk failure in
order to create. In so doing, they
fail fast, with confidence, and
incrementally. Practically speaking
from an organization’s standpoint,
that means ensuring there are
stop gaps like project milestones
to identify challenges quickly and
make adjustments accordingly.
This also means organizations
need to build up the resiliency of
their employees so that they view
change with optimism and have the
confidence to push forward when
they meet setbacks.
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 SUMMER 2021

Q
EEAN CRAWFORD
Associate Professor of Management and Entrepreneurship
and Henry B. Tippie Research Fellow
It was challenging to hold my team together during remote work,
yet my organization may continue to allow it after the pandemic.
What are the best ways to keep my team connected and engaged
if they aren’t in the office together?
Remember that although the
pandemic has presented many
people with their first opportunity
working in or managing a team
remotely, working in virtual teams
has been standard practice for
decades. The key is understanding
the same processes that lead to
good teamwork in person become
even more important when
personnel are dispersed remotely.
So how to do this?
First, think about whether your
team has anyone who is paying
attention to the social dynamics of
the team. Often labeled as those with
emotional intelligence, they can help
alleviate conflict, manage stress, and
build confidence and excitement in
the team.
Second, recognize the importance
of building trust to facilitate good
teamwork. Drop your suspicion
that people are slacking off. It’s a
safe bet that many are drowning in
some personal way and need a hand
up rather than a put-down. Check
in with individuals to see how they
are doing and if they need help.
Celebrate even small progress so
everyone knows how each person is
contributing to the team’s success.
Third, don’t discount the importance
of simple social niceties—like office
chit chat—that are easy to lose with
remote team members. Small talk
and trivial conversations about
the weather, culture, or weekend
plans might be viewed as wastes of
time. But these interactions should
be viewed more as small, up-front
investments in relationship-building
that pay big, long-run dividends
in terms of team camaraderie and
productivity.
One final idea I find intriguing for
remote teams, especially those
dispersed across multiple time
zones: share the scheduling pain.
That means rotating through meeting
times so that everyone has a few
convenient meetings, and a few late
nights or early mornings. It sends a
message that members in different
time zones are equally valued instead
of only those located closer to the
home office. It shows everyone is part
of a larger, unified team.
The pandemic has led a number of people to completely rethink
Qtheir personal career goals, and we’re concerned about retention
in the long term. Are there proven methods for reducing turnover
and keeping top talent?
CHAD H. VAN IDDEKINGE
Henry B. Tippie Research Professor of Management and Entrepreneurship
Tight labor markets and skill
shortages are a key concern for all
employers. Below are evidencebased
solutions:
Assess and increase employee job
satisfaction. Low job satisfaction is
one of the strongest predictors of
voluntary turnover. Organizations
should regularly assess employee
satisfaction and take steps to increase
it. Examples include giving employees
say in how they perform their work
and providing competitive pay and
benefits. Effective and supportive
supervision also is a key factor, so
selecting and developing high-quality
leaders is critical.
Increase commitment to the
organization. Employees who
are more committed are more
likely to stay. Organizations can
increase commitment by providing
opportunities for training and
development, promoting from within,
and fostering connections among
employees.
Help employees maintain worklife
balance. Work-life conflict is
one of the main drivers of turnover.
Employers can help by ensuring
employee workloads are reasonable,
offering flexible work schedules, and
implementing rules that minimize
correspondence outside of normal
work hours.
Monitor “pre-quitting” behaviors.
When employees start to think about
leaving, these thoughts often turn
into action. Research has identified
“pre-quitting” behaviors employees
who are thinking about leaving display,
such as being hesitant to commit to
long-term timelines. Managers can be
on the lookout for these behaviors and
intervene when an employee may be
thinking about leaving.
Because employees stay with or leave
organizations for myriad reasons,
there is not a silver bullet or onesize-fits-all
solution. Although some
turnover is avoidable (e.g., due to
inadequate supervision), some forms
are unavoidable (e.g., relocating due
to a spouse’s new job), and some level
of turnover is healthy for employees
and organizations. •
9

cover
STORY
AMY
KRISTOF-
BROWN
IS JUST
GETTING
STARTED
BY ERIN PETERSON
PHOTOS BY JUSTIN TORNER
10 TIPPIE MAGAZINE SUMMER 2021

She cut her teeth in Tippie’s top
spot by navigating through a oncein-a-century
crisis. (No biggie.)
Next up? Well, we’ll let her
tell you herself.
When Amy Kristof-Brown arrived at the Tippie
College of Business as an assistant professor more
than 20 years ago, she made waves as a top scholar. (1)
Over time, she also made her mark as an engaged,
strategic administrator.
In 2019, she was the consensus choice to take on
the role of interim dean when her predecessor, Sarah
Fisher Gardial, announced her departure. No one
could have predicted that her tenure in the role, which
started March 2020, would coincide with a worldchanging
pandemic, but she proved up to the task.
“She was the calm in the midst of a storm,” recalls Yvette
Taylor (MBA92), a Tippie Advisory Board member.
Over the past year, she’s strengthened the college’s
position and burnished her credentials as a crisis
leader. She’s earned praise for her steady leadership,
collaborative approach, and authentic communication.
In November, after a thorough international search,
she was elevated to the role for good.
In February, we sat down virtually with Kristof-Brown
(known affectionately as AKB) to learn more about
what drives her, how she navigated the pandemic, and
what she plans to do in the coming years to take Tippie
to the next level.
You’ve been at Tippie since
1997, starting as an assistant
professor and becoming a full
professor, then moving through
roles as director of graduate
studies, department chair, and
senior associate dean. How has that
trajectory influenced the way you
think about leading the institution?
I understand the faculty
experience. I’ve depended on
every staff member in this college to be
successful at different points in time, and
I know the value of their roles and why
they’re there.
When I became director of graduate
studies—and later, other administrative
roles—I began thinking about how the
systems at the university worked, and how
to give people what they needed to be
successful.
My role today is broader because it looks
externally, but the driving factor remains
the same: I’m looking at the array of
resources, connections, and opportunities
that can help our college be more
successful.
’(1) A Stanford study named Kristof-Brown
one of the most impactful scholars in her field.
11

You were nominated to become
interim dean in the fall of 2019
and officially took the position
in March 2020. Not to put too fine a
point on it, but a few things changed
in those months. What did it feel
like to be in your shoes when you
took the helm?
AKB I had been shadowing former dean Sarah
Fisher Gardial in January and February, and I
stepped into the interim role March 1.
By March 13, we had closed everything
on campus.
There wasn’t much time to think about the
enormity of what was going on. There were
just decisions that had to be made. Crisis
leadership requires you to move quickly.
One thing that was helpful was I already
knew the college. We could make decisions
about expanding programs and going directly
to donors to ask for support. There was a
clarity of focus. Everyone started pulling in
the same direction.
At the same time, I knew the faculty and
staff really well. I was hearing from people,
and I knew the anxiety was building. I also
knew the resources we had to draw on. I
empathized with them: we were going
through this together.
Our leadership team would help them get
through it. That’s what we’re here for.
Can you give examples of key
decisions you made during those
early days of the pandemic?
AKB There were three big ones. First, we
worked to equip our faculty with what
they needed to teach online. Some of them
literally had to make the switch overnight.
The Stead Technology Services Group
was instrumental in quickly equipping
READ
BETWEEN THE LINES
(2) Tippie
partnered with
the University
of Iowa Center
for Advancement
and raised
$116,000
IN THREE
WEEKS
to support student
grants and
scholarships.
REFERENCE
“ During the
search process
for a new dean,
I remember
thinking: we
were searching
for what we
already had.”
YVETTE TAYLOR
(MBA92), Tippie
Advisory Board
member
DYK?
AKB and her husband
recently purchased
an RV from Iowabased
Winnebago.
Look for them on the
road this summer!
faculty to teach online. We had access to
the University of Iowa Center for Teaching,
but we also found 40 faculty members who
were willing to mentor others on online
teaching. We came out of the gate so
quickly because of that.
Second, we got resources out to students.
We made sure that students got the
technology they needed. We also worked
on getting financial support to students—
particularly for first-generation and
underrepresented minority students
who weren’t sure if they would be able to
come back without it. (2)
Third, our Online MBA, which we had
launched in the fall of 2019, was staffed to
support 40 students. We worried that we
might lose 20 percent of our undergraduate
enrollment in the fall, or we might lose
funding if the state budget collapsed.
We dropped our GMAT requirement and
waived application fees. We got more than
four times as many applicants as normal
and we ended up admitting 160 students in
the summer. The quality of this group was
incredible: by undergraduate GPA, we had
one of the most qualified classes ever.
What were some
of the lessons
of this crisis?
AKB I would highlight the importance of
a dedicated team. We have a tremendous
group who understood the fundamentals
of the college and what we could do to
support each other and our students.
That includes Senior Associate Dean Barry
Thomas, Associate Dean for Research and
Ph.D. Programs Nick Street, Associate Dean
for Graduate Programs Jennifer Blackhurst,
and Associate Dean for Undergraduate
Programs Ken Brown. [In July, Brown is
returning to faculty in the management
and entrepreneurship department.]
12 TIPPIE MAGAZINE SUMMER 2021

2
3
We’ve also got top-notch department
executive officers and incredible executive
staff: Chief Operations Officer Jim Chaffee,
Chief Financial Officer Linda McNiel,
Executive Director of Communication and
Alumni Relations Barb Thomas, Executive
Director of Marketing and Recruiting Ali
Yildirim, and Senior Human Resources
Director Sharon Beck.
1
4
5
This group of staff, together with our
associate deans, provided the guiding
wisdom for all decisions that were made
during COVID, as well as the strategic
planning we’ve been working on since
the summer of 2020.
the
DEDICATED
TEAM
6
7
In addition, faculty chipped in to mentor
one another. With staff, we were able to
move people around within the college to
areas that needed assistance. We didn’t have
any furloughs; we didn’t lay anyone off.
8
9
10
I just can’t say enough about the quality
of leadership on the team and the caliber
of people in the college. They’ve all stepped
up for one another.
You mentioned Ken Brown...
He’s also your husband!
You don’t see that every day.
11
12
13
AKB He and I both came to Iowa to start our
careers together and have built a wonderful
life here. He is an accomplished academic
and has been associate dean of the
undergraduate program for seven years.
14
15
I firmly believe that there are few places
in the world where we both could have
carved out distinct and successful career
paths like we have here. In so many places
one spouse has to sacrifice their career for
the other. Tippie never made us do that.
who'’s who?
1 Sharon Beck 2 Barry Thomas 3 Barb Thomas 4 Ali Yildirim 5 Linda McNiel 6 D.J. Nayakankuppam, Henry B. Tippie Research Fellow and chair of the Department
of Marketing 7 Jim Chaffee 8 Ann Melissa Campbell, Henry B. Tippie Research Professor of Business Analytics and chair of the Department of Business Analytics
9 Jen Blackhurst 10 Nick Street 11 Ken Brown 12 Tom Rietz, Soumyo Sarkar Professor of Finance and chair of the Department of Finance 13 Amy Colbert,
Leonard A. Hadley Chair in Leadership and chair of the Department of Management and Entrepreneurship 14 David Hensley, Executive Director of the John Pappajohn
Entrepreneurial Center 15 Cristi Gleason, Carlson KPMG Professor of Accounting and chair of the Department of Accounting
13

“ Amy recognizes that the
most valuable asset of the
college is its people, and
she does everything she can
to value and care for them.
When she was senior associate
dean, we started looking at
equity pay adjustments to
address issues that have
arisen over the years. Faculty
really appreciated the fairness
of this process.”
—THOMAS RIETZ (PhD88),
Soumyo Sarkar Professor of Finance
“ Dean Kristof-Brown’s leadership style can be summed up
best as ‘passionate intelligence.’ She projects energy for all
topics—big and small—while diving into the details.”
—JEFF LORENGER (BBA87/JD91/MBA01), chairman,
president and CEO of HNI Corp. and Tippie Advisory Board member
REFERENCE LIST
Want to know what people really think about the new dean?
We pored through her reference list to get the scoop.
“ I had her for two classes,
including Management
in Organizations, which
profoundly influenced me. I
still go back to case studies
we did in that class. She
is someone who is open
to learn and absorb new
things; she has humility
around the things she
doesn’t know. These are
traits that are important
during this time of change.”
—KSHIPRA PITRE (MBA11)
“ Amy is a strategic thinker who is
constantly making assessments of
our current situation and the future
in her decision making. The past year
has been challenging, but Amy keeps
an eye on the future, boldly growing
our Online MBA and greenlighting a
project on virtual reality technology
and business education. We are
preparing to meet the needs of
employers and students in the future.”
—BARRY THOMAS,
senior associate dean
“ I admire that after many years of
living here Amy has made Iowa City
her home. She definitely understands
the university’s commitment to
diversity, equity, and inclusion, and is
working hard to advance our goals.”
—GABRIELA RIVERA, associate director of
diversity, equity, and inclusion
“ Organization, great people
skills, strategic thinking, and
strong communication skills are
all traditional academic leadership
requirements. Amy checks them all
off the list. But she also loves people
and her vocation. For those who
possess both, academic leadership is
a self-sustaining privilege.”
—SARAH FISHER GARDIAL, former dean
“ Amy Kristof-Brown is a proven leader—
a passionate champion for the Tippie
College of Business who is also always
aware of the bigger institutional picture.
She is an innovative and strategic thinker,
well-respected by the university community,
and deeply committed to academic
excellence. She is also a supportive and
generous colleague and a tremendous asset
to the university’s leadership team.”
—KEVIN KREGEL, UI executive
vice president and provost
14 TIPPIE MAGAZINE SUMMER 2021

As we move past the most
acute phase of the pandemic,
what will be your priorities
for the college?
AKB First, we’d like to engage more
with companies, non-profits, and the
community—it’s our greatest opportunity
for growth. That engagement means
strategic partnerships with organizations
for things like live cases, student projects,
and executive speakers. We want to do
a great job developing, cultivating, and
tracking these partnerships.
Another top priority is to raise the external
reputation of the college, including our
reputation for research expertise.
We also want to expand our alumni
connections, both at the individual level
and through corporate connections.
Are there areas of the Tippie
experience that you consider
“hidden gems” that you’ll try
to draw attention to?
AKB There are a lot! We have a CPA pass rate
that’s one of the country’s best. (3) Both
our management and entrepreneurship as
well as our business analytics programs
have four faculty each in editorial positions
in some of the top journals in their fields.
Our Hawkinson Institute in the finance
department has created an extremely
successful pipeline to Wall Street. The
Marketing Institute in the marketing
department has 100 percent placement
rates with starting salaries up to 50 percent
higher than average. Last year the John
Pappajohn Entrepreneurial Center provided
$460,800 in seed funding for new ventures
on campus and in the broader statewide
entrepreneurial ecosystem. And in 1988
our economics department launched the
Iowa Electronic Markets, our online futures
READ
BETWEEN THE LINES
(3) THE
80.7%
CPA PASS RATE
COMPARES TO A
58.6 %
RATE NATIONALLY;
it is 13th out
of 247 large
programs
nationally.
REFERENCE
“ What makes
me optimistic
about her
leadership?
AKB knows
Iowa. She has
committed
a significant
portion of
her career to
serving the
college, the
university, and
the state.”
—CRISTI
GLEASON, chair
of the accounting
department, and
Carson KPMG
Professor of
Accounting
market created for teaching and research.
It is the longest running real money
prediction market in the world.
Right now, few outside of Iowa City or the
people hiring these students know about
this great work. We want to make sure
that these programs, faculty, centers, and
institutes get attention more broadly. We
want to be a participant among worldclass
institutions in the discussions
about innovations in business and talent
development.
You’ve had an intense year,
but I hear that when things
aren’t so overwhelming,
you’re pretty fun at a party.
AKB I guess so! I like to go all-in on the
staff Halloween party. One year, I wore an
inflatable hippopotamus ballerina costume,
and I held up a sign that said, “Follow your
dreams.” Two years ago, before COVID, I
dressed in an inflatable T-rex costume and
held up a sign that said, “You are doing a
T-riffic job.” I love a good costume!
I do think people should try to have fun
with what they’re doing, and I try to bring
that attitude to work. I tell students and
junior faculty to enjoy the life you’re living
now, all of it, instead of thinking you’ll enjoy
it later. I think that approach matters.
What else do you want
alumni to know about what
the future holds for Tippie?
AKB I think they should be excited about
our faculty and programs—they should
be pleased with the quality of what we’re
doing and who we have doing it. They’re
going to be hearing more about Tippie,
because we’ll be showcasing more of what
we’re doing in a way that is going to make
them proud to talk about us. •
DYK?
Amy Kristof-Brown is a patron of the performing arts, especially musical theater and dance. How big of a fan? The kind that
saw the original cast of Hamilton perform on Broadway and has attended the Tony Awards. One of her favorite live events is
the annual Vail Dance Festival, a two-week international event featuring artists who use the venue to premiere new work.
15

alumni
FEATURE
KUM & GO
has change in store
Three keys to a successful
company leadership transition
BY LYNN ANDERSON DAVY
ILLUSTRATION BY KURTIS TUCKER
16 TIPPIE MAGAZINE SUMMER 2021

If you’ve spent time in the Midwest, then you probably fueled up at least
once at a Kum & Go convenience store and gas station. With 400 stores and
5,000 associates, the family-owned company sets the standard for roadside
convenience and comfort in Iowa and 10 other states.
For 17 years, the company’s CEO was Kyle Krause (BBA85), son of Kum & Go co-founder W.A. (Bill) Krause (BA57).
In January, Kyle Krause handed over leadership of the company to Tanner Krause, one of his five children.
Kyle is now focusing on management of the Krause Group, the parent company of Kum & Go, which is
comprised of 10 other businesses, including two wineries and a professional soccer team in Italy. To help
others with management transitions, they agreed to talk about the experience and share a few tips.
1 2 3
Long-term planning
is paramount
KYLE : Kum & Go senior leadership
started work on the transition
about five years ago. It was always
my hope that one of my children
would take over the company, as I
did from my father, and it was clear
to me that Tanner was ready for
the move. In many ways, we have
been planning for this transition
since he was nine years old when
he started stocking shelves and
sweeping floors at a local Kum &
Go store.
TANNER : My dad always talked about
the business with my brothers and
me when we were kids, and he
was good about teaching us about
different aspects of the business.
When I was in college, he started
introducing me to more complex
aspects of the company. I did four
internships with Kum & Go during
college, and so I explored different
divisions. In family businesses
especially, it’s essential to start
talking about succession early on,
when there’s less pressure.
Have a flexible mindset
KYLE : It was an easy decision for
me to hand over the management
of Kum & Go to Tanner because
I knew he was ready. The more
difficult question was, was I? In the
end, I let go because I knew that
the leadership team was strong and
that it was time for Tanner to bring
his vision for the company to life.
TANNER : Throughout the transition
process, there were moments
when we had to rethink
things and make unexpected
accommodations. The fact that
everyone on our leadership team
was willing to adjust expectations
was beneficial. The death of my
grandfather in 2013 is a moment
that stands out to me. At that time,
I knew for sure that I wanted to
be part of Kum & Go and cut short
a career with E. & J. Gallo Winery.
My father shifted his internal
timeline at that point.
Communication, even after
the transition, is a must
KYLE : The work on the transition
doesn’t stop the day the change
occurs. There will be things that
will happen months and years
after the handoff that will require
collaboration. Tanner and I will
always collaborate closely on
shaping the big picture.
TANNER : My father is technically
still my boss, and we have
weekly one-on-one meetings. He
continues to lead me and support
me in a similar fashion as when he
was CEO of Kum & Go. Now it’s my
responsibility to keep him informed
about the challenges we are facing
and our business strategy. I like to
be sure that we are aligned.
&
DYK?
The Kum & Go name is a mash-up of the two founders’ last names (William Krause and Tony Gentle) and the concept of quick
service. The name was adopted by the company in 1975, not long after the founders added convenience stores to their gas stations.

hawkeye
PRIDE
2020s
2010s
Dylan DeClerck (MBA20)
was named “Forty Under
40” by the Des Moines Business
Record. DeClerck is
the co-founder of Can Play,
a nonprofit with a mission
to supplement the cost of
playing sports and adapting
play to the skill level
of every participant.
Daniel Fitzgerald (MBA20)
is chief engineer at Northrop
Grumman. He was also
accepted into Johns Hopkins
University for his third master’s
degree—a Master of Science in
Space Systems Engineering.
Erika Klabunde (BBA20)
started her career as an FSO
technology risk consultant at
EY in Des Moines, Iowa.
JaNaye Norman (MBA20)
is senior human resources
manager at Hawke Media in
Cane Ridge, Tenn.
Your Name Here
(BBA/MBA/PhD)
New job?
New grand/baby?
Retirement?
It’s ok to brag a little.
Update your info at:
tippie.uiowa.edu/update
Daniel G. Brown (BBA13)
joined Ruffalo Noel Levitz in
Cedar Rapids, Iowa, as vice
president of finance and controller.
Brown was previously
at RSM as an audit manager.
Tim Clarkson (BBA18)
appeared on the television
program “90 Day Fiancé.”
John Corbeil (BBA10) is the
chief executive officer for HCA
Houston Healthcare Kingwood.
Dylan Diewold (BBA15)
participated in The Mars
Society’s annual Mars City
State Design Competition.
He was on a team of space
enthusiasts that represented
the nonprofit New Space Chicago.
The competition asks
for proposals for a one-million-person
society on Mars
that is technically functional
and fiscally attainable.
Michael B. Edmond (MBA19)
is chief medical officer at
West Virginia University Medicine
in Morgantown, W.Va. He
was previously chief quality
officer at University of Iowa
Health Care.
Michelle Gall (BBA11)
returned to the U.S. after two
years of working in Amsterdam
for Booking.com building
their risk and compliance management.
department from
10 to 40 people.
Rita Guzmán (BBA18) is an
enrollment advisor with All
Campus, a Chicago-based
education management
organization. In her new role,
Guzmán assists prospective
students interested in online
graduate programs.
Eric Heininger (MBA19)
was named “Forty Under
40” by the Des Moines Business
Record. Heininger is a
managing director at Eden+
Fundraising in the Des Moines,
Iowa, area.
Jessica Hendricks (MBA16)
has been promoted to vice
president of agency development
at EMC Insurance
Companies in Des Moines,
Iowa. Hendricks has been with
EMC for 13 years.
Aimee Huffman (BBA11)
has left the corporate world
to pursue a career as a
holistic performance coach.
Huffman was on the Hawkeye
varsity volleyball team
while an undergraduate business
student.
Katherine M. Knight
(BBA13) is a talent development
coach with Howard
Brown Health in Chicago, Ill.
Gabriella Koren (BBA19) is
a total rewards analyst with
Belden Inc. in St. Louis, Mo.
QUOTABLES
Matthew T. Little
(BBA19) is now video
coordinator for Arizona
State University Athletics,
where he creates
content for the team’s
social media platforms.
Previously, Little was an
associate producer with
NASCAR Driver & Team
Marketing in Charlotte,
N.C.
“It has long
been a goal
of mine to help
build a major
Division 1
program’s
brand, and my
time at Iowa
has helped
me make it a
reality.”
Matthew Obinna Nwaneri
(MBA19) has been appointed
president of the Iowa
Oncology Society. He is the
medical director and practicing
medical oncologist and
hematologist at the June E.
Nylen Cancer Center in Sioux
City, Iowa.
Natalie Pacini (BBA16)
was promoted to client support
lead at One North Interactive, a
digital agency within TEKsystems
in Chicago, Ill.
Kyle S. Schroeder (BBA14)
is now director of the office
of the co-managing partners
at Forum Financial
Management in Chicago, Ill.
Schroeder and his wife Amy
Schroeder (BS14), moved
to Wheaton, Ill., after living in
downtown Chicago for five
years and welcomed their
first child, Cayden Daniel
Schroeder, on October 23,
2020.
Spencer Sorrell (MBA17)
is now vice president of strategy
and business intelligence
with Bank of America in Charlotte,
N.C.
Lisa Steffen (MBA14)
was named 2020 Business
Leader of the Year by Space
Coast Business magazine.
Steffen is general manager of
Communications, Navigation
& Surveillance Programs and
the Melbourne, Fla., site leader
with Collins Aerospace.
Brandon Svac (BBA16)
was promoted to associate
at Pretium Partners in New
York City.
Austin Weaver (MBA19)
accepted an in-house position
as a staff attorney with
Anvil Group in its U.S. office in
Tampa, Fla.
Jeralyn Westercamp
(BBA14/MBA20) was
selected to participate in
Leadership Iowa, the state’s
premier issues-awareness
program promoting leadership
and civic responsibility.
18 TIPPIE MAGAZINE SUMMER 2021

CONNECT WITH US @TippieIowa TippieIowa Tippie College of Business @TippieCollege
YOUNG ALUM OF THE YEAR
Roberto Paniagua
(BBA11)
An account executive at Google,
Roberto Paniagua has been
extremely involved in the life
of the college since he began
his studies at Tippie. As an
undergrad, he was named to
the Tippie 21 Under 21, was
an Iowa Edge peer leader, and
was awarded the Hancher-
Finkbine Medallion for his
fundraising efforts for the Tippie
Build program. As an alum, he
continues to give back. He has
served on the Young Alumni
Board, been a panelist for the
Tippie Gateway Program, helped
secure space in Google offices
for a Tippie Women in Business
conference, and is a generous
mentor to Tippie students and
alumni.
2021
TIPPIE ALUMS
of the year
ALUM OF THE YEAR
Sue Taylor
(MBA01)
Sue Taylor, chief information
officer of the Bill & Melinda Gates
Foundation, has been an amazing
partner to the Tippie College
of Business and its students.
Examples of her involvement
with the life of the college include
serving on the Tippie Advisory
Board, speaking in numerous
classes, and helping Tippie
secure a case sponsorship
from the Bill & Melinda Gates
Foundation for the college’s
2021 Business Analytics Case
Competition. Since 2001, she has
also become a philanthropist,
donating to the college’s MBA
program, the Tippie Excellence
Fund, and the College of Business
Scholarship Fund. The college
also congratulates Taylor on
being named the Seattle Chief
Information Officer of the Year
in the global division by the
SeattleCIO organization.
2000s
Michael Bousselot (BBA05/
MAc06) was appointed
director of the Department of
Management for the state of
Iowa. In this role he oversees
the state’s budget planning,
including Iowa’s coronavirus
relief fund and CARES Act
information. He previously
served as chief of staff, legal
counsel, and policy advisor for
Iowa Gov. Terry Branstad.
Caitlin Hickey (BBA05)
is a systems administrator for
Segal McCambridge Singer &
Mahoney in Chicago, Ill.
Francesca Lavoriero
(CERT09) is the senior vice
president of human resources,
Key & Wall Solutions Segment
with Dormakaba Group in Vittorio
Veneto, Italy. Lavoriero
earned an ECIMS (Executive
Certificate in International Management
& Strategy) from the
Tippie College of Business.
Ryan Lindsley (BBA07)
relocated from the Chicago
suburbs to Des Moines, Iowa,
to join Kum & Go as vice president
of digital technology.
Michael L. Lovell (MBA04)
was elected to the Iowa
Association of Business and
Industry board of directors. He
is an investor relations director
with Meredith Corp. in Des
Moines, Iowa.
Joseph McSpadden
(MBA09) earned a CFA charter
in February 2021. McSpadden
is a senior advisor for FedEx
Freight in Arkansas.
Christopher J. Nelson
(MBA05) is the vice president
of Nelson Electric Company in
Ames, Iowa.
Tom Niblock (BBA07) is a
special assistant in the Office
of the Counselor at the U.S.
Department of State.
Dean Oliver (BBA01)
is the assistant men’s basketball
coach for the University
of Wisconsin. While a starting
guard for Iowa, he led the
Hawkeyes to the Sweet 16 and
ranks second all-time in career
steals and fourth in assists.
Mike D. Phillips (BBA04)
was named chief financial
officer of InvenTrust, an Illinois-based
corporation that
owns and manages retail
properties.
Jon Sargent (BBA05) was
named “Forty Under 40” by the
Des Moines Business Record.
Sargent is the president and
CEO of Todd & Sargent Inc.,
a design-build industrial contractor
serving the needs of
agricultural/industrial clients
across the U.S. and Canada.
Eden Simmer (BBA05) and
Anthony Vollaro welcomed
Zoe Simmer Vollaro into
their family on December 16,
2020. Simmer is the head
of global equity trading at
PIMCO in New York City.
Janet W. Morissette
Swanson (MBA03) was
married in June 2019, a month
before her retirement from
John Deere.
19

1990s
QUOTABLES
Tuma Basa (BA98)
and his wife Abaynesh
Jembere welcomed a
son, Ermias Nile Basaninyenzi.
“He doesn’t
know it
yet, but he’s
excited to be
part of the
Tippie family
already.”
Bret Bielma (BBA93) has
been named head football
coach at the University of Illinois
at Urbana-Champaign.
Bielma played football at
Iowa under Hayden Fry while
earning a marketing degree.
Previously, he was the head
coach at universities in Arkansas
and Wisconsin, and was an
assistant coach in the NFL with
the New England Patriots.
Pam Gramling (MBA98) poses with her
son, Bryce Gramling (BBA17/19). Bryce, who
earned degrees in both accounting and
business analytics, works as an internal
auditor/data analyst at GreenState Credit
Union in North Liberty, Iowa, while Pam
is a commercial relationship administrator
at IH Mississippi Valley Credit Union in
Moline, Ill. Friendly competitors!
Michael Cross (BBA91)
is the chief financial officer
at Toyota Connected North
America, where he is helping
lead Toyota’s transition from
an automotive company to a
mobility company and developing
Toyota’s cloud-based
digital Connected Mobility
Intelligence Platform.
Bradley E. Dyslin (MBA90)
is now deputy global chief
investment officer and global
head of credit and strategic
investment opportunities at
Aflac.
Andrew R. Gladstein
(BBA92) is managing partner
at Elk Springs Resort in Gatlinburg,
Tenn.
Karen Gustafson de
Andrade (MBA92), a career
foreign service officer with the
U.S. Department of State, has
transferred from her position
as a foreign policy advisor at
U.S. European Command
to deputy chief of mission in
Cotonou, Benin.
Tanya Kopps (BBA95) was
recognized as one of the “Top
Food Women” by Food magazine
in Italy.
Bill Kurtz (BBA95) is the CEO
of Community Business Lenders
Service Co. in West Des
Moines, Iowa.
years in a variety of positions,
including CEO of Ford Autonomous
Vehicles; vice president
of strategy, business development,
and global data and
analytics; and chairman and
CEO of Ford Motor China.
Ronald Pachura (MBA96) is
now the chief audit executive
for Conduent, a $5B global
technology-driven business
based in Florham Park, N.J.
Anne Power (BBA90) was
named dean of the School
of Business and Technology
at Wayne State College in
Wayne, Neb.
Mark Radtke (BBA97) has
joined the law firm of Cozen
O’Connor in Chicago, Ill. His
practice focuses on corporate
reorganization, creditors’ rights,
and bankruptcy.
Melanie Boulden (MBA98)
joined the board of directors
at Adobe. She is senior vice
president of marketing for
Coca-Cola North America in
Atlanta, Ga..
Pete Brownell (BBA91/
MBA02) is the CEO of 2nd
Adventure Group and chairman
of the board of Brownells,
a firearm company based
near Grinnell, Iowa. He was
previously the president
and CEO of Brownells for 23
years and the chairman of
the board of the National Rifle
Association from 2017-2018.
John Lawler (MBA90) is the
chief financial officer at Ford
Motor Company in Dearborn,
Mich. He has been with the
company for more than 30
Trevor Schauenberg
(BBA91) was appointed executive
operating partner and
board member with EquipmentShare,
a nationwide
construction technology solutions
provider. Schauenberg
is the former president and
CEO of GE Capital Industrial
Finance and is a member of
the Tippie Advisory Board.
20 TIPPIE MAGAZINE SUMMER 2021

1980s
Andrew Temte (MA91/
PhD95) has published a
book, Balancing Act: Teach
Coach Mentor Inspire. In it,
he shares candid insights and
timely lessons about the balance
needed to succeed as
a leader. Temte is president
and global head of corporate
learning at Kaplan University.
Kristy Walker (MBA92),
president of Walker Homestead
Farm & Winery in Iowa
City, Iowa, has been named
to the Iowa Restaurant Association’s
2020 “40 Women to
Watch in Hospitality” list.
“I met Mr. Tippie
when I was a
student at the
UI College of
Business Administration
in 1998.
I believe that
was just before
his extremely
generous donation
and school
being named in
his honor. He was
generous with
his time that day
and I walked away
from that meeting
hoping I could
achieve success
one day with the
same kindness
and generosity.”
Thomas Wilcox
(BBA98)
Eric Clifton (BBA89) flying over Afghanistan
during a deployment with the U.S. Air Force
in 2011. He reports he always felt a little
closer to home while enjoying his coffee from
his Hawkeye mug! Clifton is now a pilot
with American Airlines.
Joe Ceryanec (BBA85)
retired as CFO of Meredith
Corp. in Des Moines, Iowa. He
currently serves on the Tippie
Advisory Board.
Perry Glassgow (BBA86)
retired from his position as
vice president and controller
at Harley-Davidson Inc. He
recently joined the board of
the UI Center for Advancement.
Chris Klein (BBA85) retired
as CEO and executive chairman
of Fortune Brands Home
& Security. Klein is a board
member for THOR Corporation,
the largest manufacturer
of recreational vehicles in the
world as well as serving on the
Tippie Advisory Board.
Joe LeValley (MBA89) has
published three mystery/
thriller novels since retiring in
2018 from a career in health
care administration. The first
novel, Burying the Lede, has
won two awards. Cry from
an Unknown Grave was published
in the fall of 2020, and
The Third Side of Murder was
published in March 2021. The
novels’ protagonist is a young
newspaper reporter, Tony
Harrington, who works for a
small daily newspaper in rural
Iowa. LeValley lives in Dallas
County, Iowa.
Jeffrey Lorenger (BBA87/
MBA01) is chairman, president,
and CEO of HNI Corporation.
Lorenger is a member of the
Tippie Advisory Board.
Frederick Paulsen (BBA89)
is a principal at CliftonLarson-
Allen in West Des Moines, Iowa.
Jennifer M. Pedigo (BBA86/
MBA98) was named senior
vice president and head of
strategy and business development
with Securian Asset
Management.
HAWKEYE memories
James A. Watson (BBA86)
is the vice president of commercial
development with
Gabriel Network, a Tel Avivbased
mass shooter detection
and response company.
Mike Wokosin (BBA88)
founded OverClocked Gear,
an advisory practice on digital
transformation, branding, and
customer centricity. He was
previously chief marketing
officer at Redbox. He is currently
an adjunct lecturer in the
college and a member of the
Tippie Advisory Board.
SHARE YOUR
HAWKEYE memories
Submit your photos to:
tippie.uiowa.edu/update
35 YEARS AGO
Rock superstar David Lee Roth (center) steals
the halftime show at the Iowa-Iowa State game
Sept. 13, 1986, at Kinnick Stadium in Iowa City.
Republished with permission © 2021 The Gazette, Cedar Rapids, Iowa
21

1970s 1960s 1940s
Jeff Chapman (BBA79) was
profiled in The Texas Lawbook,
a partner publication of the
Dallas Business Journal. Chapman
is partner and co-chair of
global mergers and acquisitions
at Gibson Dunn law firm
in Dallas, Texas.
Named for the first dean of the college, Chester A.
Phillips, Phillips Hall was home to the College of
Business Administration until 1994. Here is Phillips Hall
under construction on July 25, 1963.
“As a senior, I gave campus tours to
parents of incoming freshmen during
orientation. Part of the shtick during
the tour was to point out buildings that
‘looked like something’ related to their
purpose. We mentioned that Phillips
Hall resembled a computer punch card
(if you’re too young, look it up).”
Brent Carstensen (BBA83)
Your Name Here
(BBA/MBA/PhD)
New job?
New grand/baby?
Retirement?
It’s ok to brag a little.
Update your info at:
tippie.uiowa.edu/update
CONNECT WITH US
@TippieIowa
TippieIowa
Tippie College of Business
@TippieCollege
Charles Doran (BBA79)
retired after more than 40
years at Reynolds American.
Kerry Killinger (BBA70/
MBA71) and his wife Linda
published Nothing Is Too Big
to Fail: How the Last Financial
Crisis Informs Today with
Simon and Schuster in March
2021. Killinger is the former
chairman, president, and CEO
of Washington Mutual Bank.
Mark J. Smith (BBA76)’s
wealth management firm, M.J.
Smith and Associates, was
acquired by Mercer Global
Advisors in Denver, Colo. M.J.
Smith, which was founded in
1983, serves approximately
490 households with assets
under management of $910
million. Smith will be joining
Mercer Advisors along with
his 11 staff members.
Beth TenPas (BBA78) retired
after more than 30 years as
financial services director at
UCLA Health.
R. Michael Appleby (BBA67)
retired in 2005 after 36 years
as a sales representative for
V. Mueller in Arizona. In his
retirement, Appleby and his
wife live in Parker, Colo., to
be near their grandchildren.
Appleby was a docent at the
Denver Zoo for seven years
and later joined the American
Legion’s honor guard and is
their social media/public relations
chairman. He also sits
on the Parker Special Licensing
Authority (liquor licensing
authority). He attended the
Parker Police Citizens Academy
and is now a volunteer
in the Professional Standards
Department. He reports he is
still a loyal Hawkeye!
John C. Lisle (BBA64)
has been elected to the board
of directors of Sukup Manufacturing
in Sheffield, Iowa, a
manufacturer of grain bins and
accessories.
Henry B. Tippie (BSC49),
along with his wife, Patricia
Bush Tippie, was given the
2021 Philanthropy Award from
the Council of Independent
Colleges.
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.
Jerre Stead (BBA65) is
CEO and executive chairman
of Clarivate.
22 TIPPIE MAGAZINE SUMMER 2021

in
MEMORIAM
Harris J. Frank
June 15, 1925 – October 19, 2020
Philanthropist, community leader, and businessman Harris Frank
passed away at the age of 95. He was the benefactor of the Judith
R. Frank Business Communication Center at the Tippie College
of Business. Born and raised in St. Louis, Harris Frank received
his Bachelor of Science degree in naval science in 1945 from the
University of Southern California. Shortly thereafter, he married Judith
and they enjoyed 62 years of marriage before her passing in 2009.
His professional career was spent at Solon Gershman Inc./Gershman
Commercial Real Estate for more than 50 years. He is survived
by his two children, H. John Frank Jr. and Tippie emerita faculty
member Nancy Hauserman, four grandchildren, and six
great-grandchildren.
Henry J. Meyer
January 25, 1927 – December 26, 2020
UI supporter and former Amana Refrigeration CEO Henry Meyer
passed away at the age of 93. Meyer served on the Tippie Board of
Visitors (1989-1992) and was awarded the Oscar C. Schmidt Iowa
Business Leadership Award by the college in 1991.
John D. Mittelstaedt (PhD95)
October 3, 1963 – December 8, 2020
Marketing researcher and academic leader John Mittelstaedt lost his
battle with cancer at the age of 57. At his passing, he was the dean of the
University of Dayton School of Business Administration. Mittelstaedt is
survived by his wife, Patrice Noel, whom he met through the UI Sailing Club,
and their sons, Matthew and Marlow.
Aristotle G. Pappajohn (BSC52)
December 28, 1929 – December 24, 2020
Businessman Aristotle “Tel” Pappajohn passed away peacefully in his
home at the age of 90 after being diagnosed with pancreatic cancer.
He was the middle Pappajohn brother, preceded in death by Socrates,
and survived by his older brother, John Pappajohn (BSC52/LHD10).
1940s
Walker L. Bertholf (BA48/MA49)
Keith E. Davis (MA47)
James R. Dunfrund (BSC49)
Shirley Garvin (BSC47)
Stephen Gabor (BSC48)
Neil Gorchow (BSC48)
Barbara L. Hamilton (BSC48)
Robert J. Holloway (BSC43)
Charles T. King (BSC49)
Richard R. Layman (BSC48)
Ralph L. McDowell (BSC40)
Rosemary J. Mullany (BSC48)
Dorothy Norton (BSC43)
Richard C. Park (BSC44)
Jane Shumate Pope (BSC45)
Keith W. Sander (BSC49)
Frederick J. Stines (BSC49)
Shirley J. Timmins (BSC46)
F. Richard Whitters (BSC49)
Paul D. Winter (BSC49)
1950s
Richard C. Anderson (BSC50)
Thomas J. Anderson (BSC59)
Gary F. Bostrom (BSC57)
Joe W. Bristol (BSC52)
Samuel Burr Brown (BSC57)
William H. Carmichael (BSC58)
Andrew L. Christensen (BSC56)
Douglas B. Coder (BSC59)
Marvin J. Dahlhauser (BSC58)
Rodney M. Drake (BSC52)
Fred Erbe (MA50/PhD54)
Charles L. Frandson (BSC56)
Orren A. Gilbert (BSC58)
Julian H. Gutterman (BSC52)
Robert L. Hintzen (BSC56)
James R. Hynden (BSC51)
Bruce E. Ingels (BSC50)
James L. Johnson (BSC50)
Aaron J. Jones (BSC50)
John D. Keane (BSC50)
Willard H. Kellogg (BSC53)
Jules N. LaRocque (BA59/MA61/PhD64)
James P. Lensing (BSC50)
Donald E. Lodge (MA59)
Lewis L. Lowe (BSC51)
Donald A. McCullough (BSC56)
James V. McMahon (BSC52)
Pat Myers (BSC59)
Richard A. Myers (BSC58)
Howard O. Myli (BSC57)
Ralph M. Neely (BSC52)
James E. Nordyke (BSC56)
Donald A. Olson (MA57)
Sheldon Rabinowitz (BSC54)
J. Bernard Rehnstrom (BSC51)
Donald E. Renquist (BSC55)
Jack C. Ryan (BSC52)
David J. Sabag (BSC55)
Donald C. Schecter (BSC59)
Donald H. Schultz (BSC57)
Donald J. Smith (BSC51)
Ronald L. Sorenson (BSC59)
Angela Mae Svoboda (BSC56)
George W. Van Houten (BSC57)
William D. Wallace (BSC52)
Lyman L Walter (BSC55)
Donald L. Wilson (BSC50)
1960s
Fred E. Aldridge (BBA60)
Terry D. Conklin (MBA66)
Trainor A. Critz (BBA68)
Duane P. Dittmer (BBA62)
R. Fred Dumbaugh (BBA61)
Randall L. Durschmidt (BBA60)
Karene K. Eades (BBA60)
Denny L. Edwards (BBA64)
Terry M. Evans (BBA61)
Thomas M. Finch (BBA66)
Mary F. Harker (BBA69)
Thomas A. Hoffman (MBA67)
Dale K. Humiston (BBA66)
James D. Hunt (BBA62)
Robert W. Metge (BBA64)
Delores R. Mueller (BBA63)
Harry Ostendorf (MA63)
William S. Shallman (MA67/PhD72)
Clifford H. Snider (BBA62)
Arnold J. Sunde (BBA66)
James R. Tank (BBA60)
Kenneth W. Theesfeld (BBA60)
1970s
George D. Aldrich (BA75/MBA82)
J. James Dolan (MA70)
James L. Finerty (MBA70)
Michael P. Fitzpatrick (BBA75)
Terrance J. Gleason (BBA74)
John A. Hoblit (BBA72)
Raymond S. Jennings (BBA75)
Gregg C. Jones (BBA70)
Scott D. Kralik (BBA79)
Michael M. Mihm (BBA71)
Jack D. Munter (BBA75)
Lonnie D. Nielsen (BBA76)
Roger L. Norton (BBA70)
Mike O’Deen (BBA76)
Richard B. Perry (BBA79/MA80)
Daniel J. Power (MA77)
Donald R. Schnurr (BBA70)
Robert F. Shriver (BA70/MA72)
Albert V. Vallier (BBA71)
Douglas D. Weekly (BBA78)
Elvin L. Yoder (BBA73)
1980s
Lisa K. Agnew Kaufman (BBA89)
Michael E. Beriault (BBA80)
Scott R. Bubke (BBA88)
Laurie S. Fitzgerald (BBA85)
Shelly K. Gable (MBA86)
Ralph Gallagher (BBA83)
Steven Gardner (BBA81)
Thomas O. Harder (MBA84)
Leslie A. Kahle (BBA86)
Daniel J. Miller (BBA82)
Nancy J. Rowley (BBA86)
Catherine V. Shaw (BBA89)
1990s
Debra L. Austin (BBA93)
Larry D. Elbert (BBA90)
Gerald M. Kirke (BBA95)
Scott T. Lowe (BBA93)
Joseph A. Panici (MA91)
John H. Peters (BBA95)
Nicole E. Raitt (BBA94)
Mark Richard Schweitzer (MBA96)
2000s
Mark E. Correll (MBA06)
Travis Kuhl (BBA00)
Daniel Z. Lipschultz (BA09/CER09)
Ryan P. Surber (BA09/CER09)
23

HOW TO
Patti Humble (BBA86) | Chief Accounting Officer, UPS, Atlanta, Georgia
THIS / OR / THAT?
SPONTANEOUS / PLANNED 1
OPTIMIST 2 / PESSIMIST
EXCEL 3 / TABLEAU
GAAP / IFRS
PEN 4 / PENCIL
INTROVERT 5 / EXTROVERT
TALK / LISTEN 6
COFFEE 7 / TEA
SHORT TERM 8 / LONG TERM
HOME / OFFICEI
PHONE CALL 9 / EMAIL
TWITTER / LINKEDIN 10
SIMPLE 11 / COMPLEX
RESEARCH 12 / WING IT
LET ME EXPLAIN... (1) Planning is part of the adventure, whether it is a vacation or an innovative new way to solve a
problem. (2) Optimism is contagious. We all want to be around positive people that inspire us to be our best selves.
(3) Excel is the lifeblood of accounting! (4) In the digital age where almost everything is in software, the pen is
mostly for note taking. (5) Remember that “introvert” does not mean “shy.” It means how we recharge our batteries.
Famous introverts have had a profound impact on the world, so if you are one… be proud! (6) We were given two
ears and one mouth for a reason. (7) As a remote worker now, I find that the coffee pot is my nearby friend. (8) What
happens today matters to enable the future, both in relationships and in business. (9) Two-way dialogue extracts
information that cannot be obtained from email. It also creates valuable relationships. (10) I enjoy the extensive
relationship-building opportunities. (11) No matter what we are working on, the mantra is: “Focus & Simplify.” (12)
Get the facts first!
24 TIPPIE MAGAZINE SUMMER 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
AND ALUMNI RELATIONS
Barbara Thomas (MBA11)
EDITOR AND DIRECTOR OF COMMUNICATIONS
Rebekah Tilley
DESIGN
The Williams McBride Group
WRITERS
Lynn Anderson Davy
Amanda May (BA05/BFA05)
Erin Peterson
Tom Snee
PHOTOGRAPHERS
Danny Wilcox Frazier (BA93/MA04)
Brian Ray/UI Athletics (BA02)
Justin Torner
Brittany Wages
ILLUSTRATOR
Kurtis Tucker
COPY EDITOR
Lesanne Fliehler (MA83)
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, University of
Iowa, 202 Jessup Hall, Iowa City, IA 52242-
1316, 319-335-0705 (voice), 319-335-0697
(TDD), diversity@uiowa.edu. W45554
...one last thing...
“Digging through the archives, a page caught my eye in the
1898 Hawkeye yearbook. The ‘Hawkeye Employment Bureau
for Seniors’ seems to be a reverse career fair meets classified
ad. Entries range from ‘Situation wanted— As a rising young
journalist’ to ‘As an opera singer. Some location where I will not
be arrested preferred.’ Another asked for a position in a museum.
Their qualification? ‘I was in ice water for thirty minutes at one
time. Would be able to keep a polar bear company.’
What would yours have said?”
—AMANDA MAY
Courtesy of Special Collections, University of Iowa Libraries

108 John Pappajohn Business Bldg.
Iowa City IA 52242-1994
tippie.uiowa.edu
old
GOLD
1969
EXCEL APPRECIATION
Calculate Hawkeye
Wins Above
Replacement
on page 4.
Courtesy of Special Collections, University of Iowa Libraries