Tippie Magazine (Winter 2022) - Tippie College of Business

$2.75M 

IOWA STARTUP 

SEED FUNDING 

TIPPIE 

WINTER 2022 

magazine 

HANDS-ON 

LEARNING 

OPPORTUNITIES 

1996 

est. 

CROSS-CAMPUS 

PARTNERSHIPS 

VISIONARY 

ENHANCE 

E V E R Y 

CAREER 

PATH 

LEADERS 

THE JOHN PAPPAJOHN ENTREPRENEURIAL CENTER 

Celebrates a Quarter Century of Innovation 

INNOVATORS 

REVIVE 

THE 

STARTUP 

SPIRIT 

LEARN 

to 

LEAD 

RISK-TAKERS 

RECOGNIZE 

FULL 

POTENTIAL 

IN THIS ISSUE 

VENTURE 

SCHOOL 

L E A D E R 

IN SUPPORTING 

STUDENT, FACULTY, 

& COMMUNITY 

ENTREPRENEURS 

LAUNCH 

& 

GROW 

STATEWIDE 

NETWORK

IT’S TIME TO PAUSE 

AND CATCH OUR BREATH. 

As 2021 draws to a close, we prepare to flip the 

calendar and begin a fresh start. Yet, so many of the 

strains of these last two years continue to affect our 

lives. At Tippie, we’ve hustled and innovated and dug 

deeper than ever before. You have too. 

Where does the strength to do more during times of exhaustion come from? 

In August, I decided to explore this question with a personal experiment. Despite 

the fact I’d never run more than a mile, I signed up for a half marathon in February. I 

didn’t do it because I suddenly loved running (I’ve never done it!) or was getting any 

younger. I did it to see if I could. 

I still don’t know whether I’ll complete the upcoming race. But I’ve learned 

so much along the journey. First, having a north star goal provides clarity and 

motivation, which is necessary when fatigue sets in. Second, you don’t have 

to do anything alone. Seeking help, learning from others, and letting them cheer 

you on gives you capacity to persevere. Third, restoration matters. Whether it is 

getting the right amount of sleep or pausing for an injury—you can’t accomplish a 

difficult goal by running non-stop. 

As I’ve slowly built up my mileage, I’ve reflected on the journey of the Tippie 

community. In 1921, the business school separated from the College of Liberal Arts 

& Sciences to become the College of Commerce. Much of the college’s innovation 

over the past 100 years is directly due to the support and guidance of our alumni. 

The innovation in our MBA program, the establishment of the John Pappajohn 

Entrepreneurial Center, and our nationally recognized writing and communication 

curriculum all are directly tied to alumni support. 

Thank you. 

I hope you find plenty to be proud of in these pages and that this is a season of 

restoration for you and yours. 

Warmly, 

Amy Kristof-Brown 

Henry B. Tippie Dean

HAWKEYE 

LEGACY 

4 

6 

12 24 

FEATURES 

DEPARTMENTS 

4 

The Evolution of the Iowa MBA 

Trending in transformation: 

Tippie modernizes the Iowa MBA. 

2 

THE 319 

Fresh leadership, rankings, and introducing 

the Duke Slater Field at Kinnick Stadium. 

6 

Hawkeye Legacy 

Celebrating a century of innovation including: 

• Iowa’s first female CPA 

• Launch of CAMBUS 

• Iowa Electronic Markets 

• Accounting Writing Program 

• UPS George D. Smith Prize 

10 

18 

BRAIN ROCK 

Where’s My Stuff? 

Everything is on backorder. 

Tippie’s supply chain expert explains why. 

ALWAYS A HAWKEYE 

Hawkeye Pride 

In Memoriam 

12 

COVER STORY 

25 for 25 

The John Pappajohn Entrepreneurial Center 

celebrates a quarter century of innovation. 

24 

HOW TO...GAME 

As chief marketing officer, Dustin Godsey (BBA02) 

had a front-row seat to the Milwaukee Bucks’ 2021 

NBA championship. 

CONNECT WITH US @TippieIowa TippieIowa Tippie College of Business @TippieCollege 

ON THE COVER Design by Melissa Weber.

the 

319 

DYK? 

#24 

319 has been 

the Iowa City 

area code 

since 1947 

BEST PUBLIC BUSINESS 

SCHOOL IN THE NATION 

(U.S. News & World Report, 2022) 

#1 

UNIVERSITY OF IOWA 

Writing in 

the Disciplines 


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. 

For the second year in a row, this U.S. News 

ranking recognizes universities for “making 

the writing process a priority at all levels of 

instruction and across the curriculum.” 

NEW UNIVERSITY PRESIDENT 

Barbara J. Wilson, former executive vice president 

and vice president for academic affairs for the 

University of Illinois System, became the 22nd 

president of the University of Iowa on July 15, 2021. 

11 

THE DEPARTMENT OF ACCOUNTING 

National ranking for the relevance 

of its accounting research 

(American Accounting Association’s Accounting Horizons, 2021) 

DUKE SLATER FIELD 

AT KINNICK STADIUM 

The University of Iowa Department of Athletics 

announced the naming of Duke Slater Field 

at Kinnick Stadium. Slater, a 6-foot-2, 

210-pound tackle for the Hawkeyes from 

1918 to 1921, was the first Black studentathlete 

in school history to earn All-American 

honors. Slater had a prolific career as a 

student-athlete at Iowa, was a player in the 

NFL, and later became a lawyer and judge. 

2 TIPPIE MAGAZINE WINTER 2022

EXPERIMENTAL ECONOMIST NEW 

HEAD OF DEPARTMENT OF ECONOMICS 

David J. Cooper is the new departmental executive officer for 

the Department of Economics. As an experimental economist, 

Cooper says he was attracted to the storied department, in part 

for in role its pioneering the Iowa Electronic Markets, 

the world’s first prediction market. 

#16 

BEST 

PUBLIC BUSINESS 

ANALYTICS PROGRAM 

IN THE NATION 


New Leadership in 

the Undergraduate 

Program Office 

Charles Wayne Keene became the 

new associate dean for the Undergraduate 

Program in July 2021. Keene stepped 

into the role that was held by Ken Brown 

since 2014. Brown, who holds the Tippie 

Children Professorship, returned to his faculty 

position in the Department of Management 

and Entrepreneurship. 

ACCOUNTING PROFESSOR COLLINS TO RETIRE— 

EXCELLENCE FUND ESTABLISHED IN HIS HONOR 

Dan Collins (BBA68/PhD73), a force in the University of Iowa Department of 

Accounting for more than four decades, is retiring at the end of the 2021-22 

academic year. Kay Rath Hegarty (BBA80) and her husband, John Hegarty Jr. 

(BA79), are honoring Collins through the creation of the Kay and John Hegarty 

Accounting Faculty Excellence Fund, which provides funding to faculty for their 

most pressing needs. Collins was also honored with the 2021 Hancher-Finkbine 

Faculty Medallion. The award, the most prestigious at the University of Iowa, 

recognizes individuals of extraordinary ability and potential. 

3

college 

FEATURE 

Iowa MBA 

“Online classes provide great 

flexibility for working professionals 

with families. Being able to have 

that flex-casual is just priceless.” 

—TESSA SUTTON (MBA19), 

manager of finance business partnering at Pearson 


THE EVOLUTION OF THE IOWA MBA 

BY REBEKAH TILLEY 

Epic journeys often start with major disruptions. 

The first MBA program, launched in 1908, was sparked 

by the Industrial Revolution. 

In the wake of World War II, the Ford Foundation believed business school curriculum 

was not academic enough and so made a massive investment in business schools across 

the country. This spurred the launch of the MBA at the University of Iowa in 1961. 

Working professionals also wanted to earn an MBA, and the college responded with its first offcampus 

MBA offering in 1966 and the Executive MBA Program in 1977. Technology advances 

brought the first Iowa MBA classes online in 2003. As student demand changed, the college 

phased out the Full-time MBA Program in 2017 to provide different graduate-level degree options. 

Over the past four years, the Iowa MBA has continued to evolve with the launch of the Online 

MBA. The college added specialized master’s programs in business analytics and finance 

and revamped the Executive MBA Program. And then, the COVID-19 pandemic forced 

more Iowa MBA classes online. After experiencing the high quality of online classes, many 

working professional students determined that they could learn the same content while 

enjoying the flexibility that online classes provide. 

So once again, the college listened to its customers and merged the part-time Professional MBA 

and Online MBA programs into one Iowa MBA in August 2021. The merger provides students 

with the ability to take classes online and/or in person at multiple locations around the state of 

Iowa and have them count equally toward completion of the degree. They keep the same advisor 

and can decided on a course-by-course basis how they want to learn specific content. 

“Students spoke and we listened,” says Dean Amy Kristof-Brown. “The demand for lifelong 

learning continues to grow, and we’ll find ways to meet that demand that fit with the 

lifestyles of our students.” 

While ever evolving to meet customer needs, the college’s commitment to its core values have 

never wavered, says Kristof-Brown. “We are giving our students an exceptional, transformational 

experience. We are delivering graduate education that is the growth engine for our state, our nation, 

and our world. And we’re making good on that promise at any stage of our students’ careers.” • 

DYK? 

The Iowa MBA was the 65th MBA program established in the United States. 

5

college 

FEATURE 

As we celebrate the 175th year of the University of Iowa, 

we are reflecting on: what connects us as Hawkeyes and 

what is our collective legacy? 

Over the decades, themes emerge. 

Excellence, family, inclusivity, and technology are almost 

universal experiences for the college’s vast alumni network. 

We are also proud to say innovation has always been part 

of our story. The college and its alumni have long been at 

the cutting edge, pushing boundaries and setting examples 

across campus and the world. 

Travel the timeline to explore some of the history of 

the university, the college, and the alumni who have 

contributed to the Hawkeye legacy through the years. 

1850 

1900 

1900 

The first PhD awarded 

at the UI was in economics. 

HAWKEYE 

1847 

University of Iowa established, 

accepting qualified students 

regardless of race or sex from 

day one. 

INNOVATION EXCELLENCE FAMILY INCLUSIVITY TECHNOLOGY 

LEGACY 

BY AMANDA MAY 

1847 

1858 

1900 

First business class offered: 

political economy, an early 

form of macroeconomics 


1940 

1920 

1927 

Mary Murphy (BSC27), Iowa’s 

first female CPA, graduates 

from the department. 

Read more about Murphy’s 

incredible career. 

1949 

Mary Thomas 

Prappas (BSC49) was 

encouraged by her 

parents to get a college 

education in an era when 

few women did so. There 

were 35 other women 

who earned a business 

degree in 1949. 

1950 

1960 

1964 

The college’s data 

processing department 

was equipped with the 

finest in IBM machinery. 

1923 

1960s 

College receives 

AACSB accreditation. 

“My hut was anchored to the 

ground with about four stakes and 

that was it, so that didn’t work very 

well. It was a rocky start, but it 

all worked out okay in the end.” 

—KEITH COOK (BSC49), 

A TIPPIE SOCIETY MEMBER AND NAVY VETERAN 

1945 

After WWII, the G.I. Bill brought 

many veterans to campus. 

UI offered veteran housing in 

trailers, barracks, or Quonset 

huts for $25-$48 per month 

(utilities included.) 

Jerre Stead (BBA65) 

and his high school 

sweetheart, Mary Joy, 

gave up college offers 

at Dartmouth and 

Northwestern so they 

could be together at 

Iowa. They married and 

had two children while 

still in college. 

Editor’s Note: Our 

100-year-old college 

has a wealth of points 

of excellence, innovation, 

and heartwarming and 

sidesplitting Hawkeye 

memories. A tiny fraction 

is represented on these 

pages. To read more 

about the storied legacy 

of our college, visit 

tippie.uiowa.edu/175. 

1921 

1923 

Elevation to college 

status. Chester A. 

Phillips is named the 

college’s first dean 

1927 

“We were happy as could be.” 

— JERRE STEAD, 

REFLECTING ON HIS COLLEGE DAYS 

1961 

1964 

Full-time MBA 

Program established 

Read more about the evolution 

of the Iowa MBA on page 4. 

7

1972 

Doug Couto 

(BBA72) was a Tippie 

student when the 

Slater/Rienow dorms 

opened. He and a 

couple of friends 

convinced the 

Associated Residence 

Halls student 

organization to rent 

a bus to get students 

from the west side to 

main campus. The 

service grew into 

what is now CAMBUS. 

1980 

1982 

1986 

At her first accounting job out 

of college, Maria Rydberg Turner 

(BBA86) remembers having to 

work with 14-column work papers, 

an HP-12C calculator, and a pencil. 

Kevin Krause (BBA82/JD85) was 

Herky at the 1982 Rose Bowl when 

he was sacked by a Washington 

Husky lineman, a scene that played 

out (and got replayed multiple 

times) on national TV. 

“Boom. He ran me right over. I was parallel, my feet 

off the ground. But I was okay, and an Iowa fan 

gave me a Band-Aid for the cracked beak. It was 

certainly my most noteworthy college experience— 

nothing else I did was broadcast on NBC.” 

—KEVIN KRAUSE | HERKY 1982 ROSE BOWL 

“We all had one—and the 

HP-12C was expensive at 

$150 (equal to almost $400 

in today’s dollars)!” 

—MARIA RYDBERG TURNER (BBA86) 

1989 

1988 

1989 

1992 

“Union Pacific hosted an 

annual audit challenge, and 

the year I participated, Iowa 

State hosted the event. I was 

lucky enough to have been 

on the winning team and still 

receive dividend checks from 

the original share of stock 

that was awarded as a prize, 

of course along with bragging 

rights for the Hawkeyes!” 

—CINDY STAEBELL (BBA89), 

FINANCE HUMAN RESOURCES 

MANAGER, DEERE & CO. 

Jerre and Mary Joy 

Stead Advanced Learning 

Technologies Center 

established to further 

support technology in the 

classroom. A wireless Local 

Area Network allows students 

to use laptop computers in 

various locations throughout 

the building. 

“You’ve got to be able to communicate verbally 

and in writing in order to advance beyond 

mid-level manager. The writing program helps 

Tippie students achieve that.” 

1992 

Des Moines venture 

capitalist John Pappajohn 

(BSC52) makes a key 

donation for a new 

business building, 

complete with internet 

throughout, and 

a lactation room for 

nursing mothers. 

1996 

—BOB NICOLLS (BBA80) 

1998 1998 

The Iowa Electronic 

Markets, the world’s 

first prediction 

market, was founded 

by three economics 

faculty members 

John Pappajohn 

Entrepreneurial 

Center (JPEC) 

founded 

Accounting 

Writing 

Program 

founded 


1998 

1999 

2000s 

Gregory C. Ellison Sr. (BBA73) 

boosted diversity initiatives in the 

accounting department while on 

Tippie’s Professional Accounting 

Council, working to establish a 

feeder initiative between Tippie 

and Morehouse College, which 

continues to this day. 

College renamed 

Henry B. Tippie 

College of Business. 

2008 

20002010 

2015 

When life give you lemons, make… beer? 

Matthew Wolf (BBA82) started the Iowa 

Brewing Company in Cedar Rapids, 

Iowa, with friends after their property 

took on 10 feet of water in the flood of 

2008. He has lived in Denver, Colo., since 

1982, but returns to Iowa regularly. 

“I moved to the West Coast to be a part of the tech boom 

back in the dot com era and worked for a start up company. 

I have to credit my initial interest in entrepreneurship from 

the amazing class I took from John Buchanan. It led me to 

a now 23+-year career in tech, most recently with Adobe.” 

—JASON BAER (BBA96), ENTERPRISE ACCOUNT EXECUTIVE, ADOBE 

Tippie Gateway Program established. 

In an effort to create a pipeline of students 

underrepresented in business, the Tippie 

Gateway Program provides a free, oncampus 

summer experience designed to 

increase awareness of opportunities in 

business among high school juniors. 

2020 

Part-time Professional MBA 

and Online MBA programs 

merge into one Iowa MBA. 

Department of Business 

Analytics awarded UPS 

George D. Smith prize, 

which recognizes the 

leading university in the 

world for excellence in 

preparing students to 

practice in the areas of 

analytics or operations 

research. • 

1999 

2000 

2001 

2008 

2015 

2019 

2021 

2021 

I’m a class of 2000 MBA 

(the old-fashioned way). 

One of the things I loved 

about being in Iowa and 

studying at the university 

is that there was always a 

forward focus, and intention 

on innovation and a striving 

to make an impact. 

—ANTONA BRENT SMITH (MBA00) 

Frank Business 

Communications 

Center established 

Online MBA 

program launches, 

explodes from 40 

to 336 students in 

first year 

9

ain 

ROCK 

WHERE’S MY STUFF? 

Jennifer Blackhurst, Leonard A. Hadley Professor of Business 

Analytics, breaks down the breakdown in the supply chain. 

BY EMILY HALONEN BRATCHER 

SUPPLY CHAIN BREAKDOWN 

A CONSUMER 

SHOPS FOR A CAR 

You want a certain make and model of a 

vehicle, but the dealership doesn’t have it. 

A DEALERSHIP 

HAS LOW INVENTORY 

The car dealership wants to sell you that 

car and get it to you as soon as possible, 

but they don’t have the inventory they 

need to meet consumer demand. 

A CAR MANUFACTURER 

DOESN’T HAVE THE PARTS 

Car manufacturers can’t get dealerships the 

inventory they need because of a parts shortage. 

Plus, they may have experienced a COVID-19 

outbreak that forced a factory shutdown, which 

is further slowing production. 


Back in spring 2020, consumers 

had trouble finding toilet 

paper and hand sanitizer while 

trampolines and exercise 

equipment became scarce. With 

the COVID-19 pandemic sweeping 

the globe, some of the shortages 

of supplies and delays on certain 

goods seemed reasonable. But 

now, nearly two years into the 

pandemic, there is still lag time on 

getting everything from new cars 

to new furniture. 

What’s going on? 

“Even small changes in demand 

can ripple and spread and grow 

and propagate to something really 

unmanageable as it moves through 

the supply chain,” said Jennifer 

Blackhurst, Leonard A. Hadley 

Professor of Business Analytics. 

“It’s also really impacted by the 

complexity of the supply chain.” 

That means a consumer’s new sofa 

might be on a container ship out 

at sea waiting to enter a port with 

massive delays. Customers who 

ordered new jeans wait for them to 

come in the mail because of labor 

shortages or factory closures. Their 

new vehicles might be stalled at the 

factory due to a lack of microchips. 

Even just one disruption in the 

supply chain, such as a labor 

shortage, a manufacturing plant 

shutdown, a shipping delay, or 

fluctuation in demand, can cause 

what’s called the bullwhip effect, 

the idea that when disruption 

starts at one point in the supply 

chain, it doesn’t stop there. Rather, 

it ripples and spreads, often 

growing in intensity and impact as 

it moves through the entire supply 

chain, Blackhurst said. 

During the pandemic, multiple 

disruptions have plagued the 

supply chain, creating a massive 

backlog of goods, which is why 

consumers are still experiencing 

frustration especially as the winter 

holiday retail season approaches. 

What can companies do to 

mitigate these shortages, 

delays, and losses? 

In the short term, smart 

companies are trying to adopt 

an agile mindset as they react to 

disruptions in their supply chains. 

For some businesses, that means 

paying a premium to expedite 

shipping on their products or 

parts. For others, that means 

trying to find creative ways to 

detour around the disruptions in 

their supply chains. 

In the longer term, Blackhurst said 

that companies might need to 

think more proactively about risk 

management. 

Since the supply chain is incredibly 

complex and interconnected, one of 

the most effective ways of managing 

risk is gaining more visibility from 

their suppliers and their suppliers’ 

suppliers and their suppliers’ 

suppliers’ suppliers. That way, they’ll 

be able to more quickly pivot when a 

disruption occurs. 

Companies can also reevaluate 

their inventory levels. Do they 

need to have more of a buffer going 

forward? Rethinking their suppliers 

is another idea. Would reshoring 

or nearshoring expose companies 

to less risk? Using analytics to see 

how suppliers have performed over 

time can be helpful in determining 

whether a company should continue 

a relationship or end it. 

“It’s a balance between being lean 

and efficient and responsive and 

agile, knowing that supply chains 

are exposed to risk,” Blackhurst said. • 

GO DEEPER 

Watch the webinar where Jennifer 

Blackhurst discusses with Dean Amy 

Kristof-Brown how companies can 

prevent future supply chain disruptions. 

A WAREHOUSE DOESN’T 

HAVE THE PARTS EITHER 

Warehouses, which receive and send parts to 

the manufacturers, don’t have the parts either, 

particularly the microchips required for all new 

vehicles. They also don’t have the full workforce 

they need to move the parts. 

A SUPPLIER CAN’T 

MAKE THE MICROCHIPS 

Suppliers don’t have the raw materials they 

need to make the microchips. For instance, a 

global semiconductor shortage means that a 

supplier can’t keep up with the demand for microchips, 

which control multiple systems in a car. 

A SUPPLIER’S SUPPLIER CAN’T 

GET THEIR RAW MATERIALS 

Not only does the warehouse have a supplier, 

but a supplier has its own suppliers—which are 

also experiencing delays and shortages. 

11

cover 

STORY 

25 25 

FOR 

THE JOHN PAPPAJOHN 

ENTREPRENEURIAL CENTER 

Celebrates a Quarter Century 

of Innovation 

BY TOM SNEE 


“I want to make 

Iowa the most 

entrepreneurial 

state in America.” 

It was 1996 and Iowa needed to 

regain its entrepreneurial edge. 

Once a state of small businesses, 

many did not survive the farm crisis 

and the economy was struggling as 

a result. John Pappajohn (BSC52) 

wanted to change that. An inveterate 

entrepreneur and venture capitalist, 

he knew the importance of small 

businesses to an economy. So, 

in 1996, he donated $1.5 million 

to establish the John Pappajohn 

Entrepreneurial Center at the 

University of Iowa to help revive the 

startup spirit, along with funding 

to create centers at four other 

universities and colleges in Iowa. 

“I want to make Iowa the 

most entrepreneurial state in 

America,” he said at the time. It 

was a visionary investment. Few 

universities had entrepreneurial 

centers then and none were part of 

a statewide network. 

Pappajohn’s vision paid off. In 

the 25 years since, the University 

of Iowa John Pappajohn 

Entrepreneurial Center (Iowa JPEC) 

has been recognized as a leader in 

supporting student, faculty, and 

community entrepreneurs. On 

Sept. 23, the 25th anniversary 

of the statewide JPEC network 

was celebrated with a gala in 

Des Moines, Iowa. On hand 

to celebrate John Pappajohn 

were former governor and U.S. 

ambassador to China Terry 

Branstad, Gov. Kim Reynolds, 

University of Iowa President 

Barbara Wilson, and Tippie Dean 

Amy Kristof-Brown, along with 

hundreds of entrepreneurs who 

got their start with help from a 

John Pappajohn Entrepreneurial 

Center. At the event, Pappajohn 

announced an additional $2.5 

million gift to Iowa JPEC. 

Over the past 25 years, alumni, 

students, and other Iowans have 

used Iowa JPEC resources to 

start thousands of businesses 

and create thousands of jobs in 

Iowa and around the country. 

Many of them have financed 

their businesses using money 

from two competitions that 

Pappajohn created to support Iowa 

entrepreneurs—the Pappajohn 

Student Entrepreneurial Venture 

Competition and the Pappajohn 

Iowa Entrepreneurial Venture 

Competition—or from the 

Wellmark Venture Capital Fund he 

helped launch. Iowa JPEC alumni 

have made breakthroughs in health 

science, education technology, 

agricultural technology, and green 

manufacturing, as well as selling 

clothes, consulting services, coffee, 

and ice cream. 

13

1 

25 

POINTS OF 

IMPACT I N 

THE LAST 

25 

years 

the 

JOHN PAPPAJOHN 

ENTREPRENEURIAL 

CENTER 

OKOBOJI, 

the famed resort area in 

northwest Iowa, is where 

Iowa JPEC students learn from the best for 

one week every August. Started in 2006 

by Iowa JPEC benefactor and long-time 

Okoboji resident Tom Bedell, the Okoboji 

Entrepreneurial Institute brings 32 

students to stay with Iowa entrepreneurs 

in their lakeside summer homes to learn 

about startups and build relationships 

that will last for years. Since its inception, 

Pappajohn has supported the annual event 

and provided cash awards to two top OEI 

student entrepreneurs. 

3 

LEADERS 

#15 

2 

The Princeton Review ranks 

Iowa JPEC as one of the nation’s 

top undergraduate entrepreneurial 

programs at a public university. 

Monster Mash is still among the top-selling menu items at Heyn’s Ice 

Cream in Iowa City after it was invented in 2007 by elementary school 

students attending the annual summer entrepreneur camp sponsored 

by Iowa JPEC’s Jacobson Institute for Youth Entrepreneurship. 

5 

4 

IN THE LAST 10 

YEARS, IOWA JPEC 

HAS AWARDED 

MORE THAN $2.75 

MILLION IN SEED 

FUNDING TO IOWA 

STARTUPS. 

7 

6 

LEARN 

to 

LEAD 

SINCE 1997, 

5,488 UNDERGRADUATE 

STUDENTS HAVE EARNED 

AN ENTREPRENEURSHIP- 

FOCUSED DEGREE 

OR CERTIFICATE. 

Iowa JPEC received the 

National Model 

Undergraduate Program 

Award from the United 

States Association for 

Small Business and 

Entrepreneurship in 2004. 

1,500+ 

STUDENTS 

have started businesses through the Startup Incubator (formerly 

known as the Founders Club) in the Bedell Entrepreneurship 

Learning Laboratory (BELL), a former fraternity-house-turned-coworking 

space that supports the launch of student ventures. Many of 

those businesses, such as Bio::Neos, FanFood, and Premiere Dance 

Project, remain active businesses years after leaving the BELL. 


8 

100+ ENTREPRENEURS FROM AFRICAN COUNTRIES 

have built businesses since 2016 ranging from honey production 

to electronic money exchange after participating in the Young African 

Leadership Initiative (YALI) Mandela Washington Fellowship Program 

hosted at Iowa by the Institute for International Business. The fellowship, 

a U.S. State Department program, brings 25 young business leaders 

from African countries to Iowa City. Participants in the program 

learn how to build and develop a business and take those skills back 

to help build their homeland’s economy. Each year the Mandela 

Fellows say the highlight of the program is the presentation and 

Q&A with Pappajohn himself. 

VISIONARY 

9 

When “The Wave” began to brighten 

the days of young patients in the Stead 

Family Children’s Hospital on football 

Saturdays in 2017, alumni Meighan 

Phillips (MBA08), Brooke Mickelson 

(MBA03), Lance “Cy” Phillips (BA06), and 

John Mickelson (BBA03/JD07/MBA07), 

along with friends Jason and Lori Willis, 

started a nonprofit organization selling 

apparel branded with the heartwarming 

Kinnick Stadium tradition. All profits are 

donated to the hospital, and it raised 

$440,000 in its first year. 

“Happiness is 

positive cash flow.” 

—JOHN PAPPAJOHN 

10 250 ,000+ 

ELEMENTARY & 

HIGH SCHOOL 

STUDENTS 

have taken a class using the BizInnovator 

Startup or STEMInnovator curricula 

or participated in KidInnovator camps 

and the Innovator Competition 

curriculum developed by the Jacobson 

Institute for Youth Entrepreneurship. 

In FY21 alone, 644 teachers from 43 

states and the District of Columbia 

used the BizInnovator Startup and 

STEMInnovator curriculum. 

11 

100-MILLION 

ONLINE SHOPPERS 

have outfits recommended 

to them every month by 

Stylitics, a New York Citybased 

retail technology 

company founded by Zach 

Davis (BBA03). The firm’s 

clients include Nike, Kohl’s, 

Old Navy, Crate & Barrel, 

West Elm, and Macy’s. 

12 “Why would anyone 

want wifi outside?” 

Ben Anderson (BA03), 

Karsten Temme 

(BSE02/MS04) and their 

entrepreneurship classmates 

founded X-Wires, Iowa 

City’s first wireless internet 

company, in the early 2000s. 

“I remember them setting up 

a hot spot in the Ped Mall, 

broadcasting wifi. At the time 

I thought...why would anyone 

want wifi outside?” recalled 

Andy Stoll (BBA03). 

15

13 15 

1,068 

STUDENTS HAVE 

GRADUATED 

from the College of 

Liberal Arts & Sciences 

with a major in Enterprise 

Leadership, a cooperative 

of Iowa JPEC, College of 

Liberal Arts & Sciences, 

and the Tippie College of 

Business since the major’s 

creation in 2016. 

29 full-time & part-time faculty 

teach approximately 120 sections of 

entrepreneurship courses each year to 

students across the entire UI campus— 

both in-person and online. 

1489% 

OF IOWA JPEC FACULTY 

have started their own businesses 

in fields such as medical technology, 

business consulting, software 

development, real estate and hospitality. 

300+ 

Iowa faculty and graduate students have received technology 

commercialization training through Iowa JPEC’s I-Corps training 

program offered in conjunction with the National Science Foundation. 

16 

If you like to fish, there’s a good chance 

Jim Coble (BBA04) is a part of your leisure 

activities. Coble is the founder of 13 Fishing, 

a manufacturer of rods, reels, and bait. 

They have nearly 100 U.S. trademarks 

and 15 patents. Through an investment 

relationship with fishing equipment giant 

Rapala, 13 Fishing is part of the largest 

fishing company in the world. 

FEATURES 

20 

Tara Cronbaugh (BA98) is a 

University of Iowa entrepreneurship 

pioneer. She developed her idea 

for the Java House coffee shop for 

a Tippie entrepreneurship class 

taught by adjunct faculty member 

John Buchanan (BSC56). She 

opened her first Java House on the 

second floor of the legendary Prairie 

Lights bookstore in 1994 and has 

since expanded to six locations 

around the Iowa City area, four of 

them with Heirloom salad shops, 

another company she started. The 

Java House Roastery also provides 

wholesale coffee to locations 

around Iowa. An early supporter of 

Iowa JPEC, she continues to mentor 

students and has served on the Iowa 

JPEC advisory board since 2018. 

21 

Patricia Miller (BBA04) 

left a successful career in 

pharmaceutical marketing to 

turn her family’s struggling 

manufacturing firm into a thriving 

fullstack company that works with 

clients from the design stage to 

the factory floor. The Woodstock, 

Ill.-based M4 doesn’t just make 

widgets, it works with clients to 

determine what exactly the widget 

should do and then helps design 

them. Since she took over in 2014, 

the company has been named one 

of Inc. magazine’s 5,000 fastest 

growing companies five years in a 

row and she made Crain’s Chicago 

Business’ 40 Under 40 list. 

22 

Few in Iowa had heard of Red 

Bull energy drink as it entered the 

U.S. market in 1997, but Zac Voss 

(BBA00) had a feeling it would fly 

once people tried it. He was still 

a student at the Tippie College 

of Business, studying finance 

and entrepreneurship, when he 

became the state’s first Red Bull 

distributor in 1999. His home office 

was his student apartment and 

he delivered shipments to stores 

between classes. After graduating, 

he returned home to Des Moines 

and expanded Voss Distributing, 

which now provides Red Bull to 

grocery stores and other retail 

establishments throughout the 

state and into Illinois and Missouri. 


17 

In the last 10 years, 

Iowa JPEC students 

have completed 722 

business consulting projects for 

alumni-owned and Iowa-based 

companies. That’s more than 

93,000 hours dedicated to oneon-one 

consulting by students. 

840+ 

I O W A N S 

18have received entrepreneurial 

training through Venture School, 

the state’s premier entrepreneurial 

training program. 

19 

Michele Williams was hired as the first 

Iowa JPEC faculty fellow in 2017. An 

assistant professor of management and 

entrepreneurship and the John L. Miclot 

Fellow in Entrepreneurship, Williams 

studies teamwork, trust, and the value of 

long-term relationships between founding 

entrepreneurial partners and mentors, 

as well as between founders. She also 

studies the role that stereotypes play in 

small-business survival as well as women in leadership, and she 

works with her students to apply research findings to practice. A 

second faculty fellow, Miranda Welbourne Eleazar, joined this fall as 

assistant professor of management and entrepreneurship. 

23 

After starting several businesses 

and nonprofit organizations in his 

native Chicago, as an Iowa JPEC 

student Duane Wilson (BA08) 

turned his attention to helping 

solve social challenges on a global 

scale. He’s now the vice president 

of strategic development for The 

Gratitude Network, a Pleasanton, 

Calif.-based nonprofit organization 

that enlists entrepreneurs to help 

solve social challenges facing 

people in 60 countries around 

the world. Wilson is also an arts 

entrepreneur. He is the author of 

Jackie and the Dreamstalk, a book 

used in youth entrepreneurial 

classes for children ages 9 to 

14. And he’s a prolific voiceover 

artist, running his own agency that 

provides narration on commercials 

for companies like McDonald’s, 

ESPN, and Porsche. 

24 

Forbes magazine named Jon 

Lensing (MD20) to its Next 1,000 list 

of up-and-coming entrepreneurs for 

2021 Lensing started OpenLoop as 

a member of Founder’s Club (now 

known as Startup Incubator) and 

with seed money from business 

competitions. OpenLoop matches 

health care providers with shortstaffed 

hospitals around the country. 

It grew 800 percent in just a few 

weeks at the start of the COVID- 

19 pandemic, when overwhelmed 

hospitals desperately short of 

doctors and nurses turned to his app 

for assistance. 

25 

A case of the nerves isn’t unusual when 

students give class presentations. Nico Aguilar 

(BS11/MHA14/ MPH14) did that one better, 

having a full-on anxiety attack in front of his 

rhetoric class as an Iowa undergraduate. “My 

palms were sweaty, my breath stopped. My 

mind just went blank, and I totally botched my 

presentation,” he said. But from that disaster 

came the inspiration for a new tool that uses 

artificial intelligence to measure and improve 

a person’s speaking skills and helps them give 

more confident public presentations. Aguilar 

and his cofounder, Anthony Pham (BS11/MD16/ 

MPH19) began their startup quest with an 

office in the BELL and by winning Iowa JPEC’s 

Rose Francis Elevator Pitch Competition. 

That eventually led to a spot in Techstars, 

the prestigious global technology business 

incubator. They also met Tippie alumna Nicole 

Cook Gunderson (BBA04), an important early 

advisor who continues to provide counsel. 

Speeko has since built relationships with 

organizations like Toastmasters and expanded 

its product line to include a course that helps 

people deliver wedding toasts and a desktop 

widget that works with virtual meetings and 

online presentations. • 

17

hawkeye 

PRIDE 

2020s 

2010s 

Hijinio Carreon (MBA20) 

was named systemwide 

chief medical executive of 

MercyOne. He has been 

with the organization for 

more than 13 years, first as 

an emergency medicine physician 

and most recently as 

chief medical officer and vice 

president of medical affairs 

for MercyOne Central Iowa. 

Anna Kroeger (BBA20) joined 

the Tippie Young Alumni Board. 

She is a global mobility consultant 

for Deloitte in Chicago, Ill. 

Eugenia Kutsch-Stanton 

(MBA20), a research scientist 

at Corteva Agriscience in Des 

Moines, Iowa, was named a 

2021 dsm Magazine LGBTQ 

Legacy Leader Award winner. 

Lauren Laven (BBA21) is a 

sales support specialist with 

GreatAmerica Financial Services 

in Cedar Rapids, Iowa. 

Kristin Mathis (BBA20) 

is a partnership strategy and 

activation coordinator with 

the Minnesota Vikings. 

Elle McCormick (BBA20) 

began medical school at the 

University of Iowa Carver 

College of Medicine. 

Kaidi Meng (BBA21) 

was accepted into the applied 

analytics master’s program at 

Columbia University. 

QUOTABLES 

Nolan Roethler (BBA21) 

is pursuing a master’s 

degree in finance and 

business analytics at 

the Tippie College of 

Business. 

“I am excited 

to continue 

my education 

while finishing 

my track and 

field eligibility. 

Looking 

forward to two 

more years in 

Iowa City— 

Go Hawks!” 

Sydney Alexander (BBA18) 

has joined Choice Hotels International, 

the second largest 

global hotel chain, as a consumer 

insights and analytics 

senior analyst. She is based 

in the Washington, D.C., area. 

Andrew Barr (BBA13) and 

Cecilia Walsh Barr (BBA13) 

were married on July 18, 

2020. They first met at the 

IMU during freshman year 

orientation and currently 

reside in Chicago, Ill., where 

Andrew is a manager at 

Northern Trust and Cecilia 

is a CPA at Exelon Corp. 

Patrick Bartoski (BBA16) 

completed his CFA and 

accepted a role on the buy 

side at Balyasny Asset Management 

covering the med 

tech space. 

Eric Bundy (BBA16) is the 

director of product at EF Education 

in London, England. 

Jiyun Chong (BBA19/MAc20) 

joined the Tippie Young Alumni 

Board. She is a tax associate at 

PwC in Chicago, Ill. 

Rachel Decker (BBA12) 

was named to Forbes Middle 

East “30 Under 30” list for 

2021. Decker lives in the 

United Arab Emirates and is 

manager and cofounder of 

financial advisory firm Decker 

& Halabi. She started her 

career in investment banking. 

Kayla Duffy (BBA13) is the 

lead talent relations manager 

at Cameo, a video-sharing 

website headquartered in 

Chicago, Ill. The site allows 

celebrities to send personalized 

video messages to fans. 

Matt Gaither (BBA12) 

joined the Marketing Institute 

advisory board at Tippie. He 

is a global account executive 

with Google. 

Eddy Gamboa (BBA19) 

joined the Tippie Young 

Alumni Board. He is a private 

equity associate at One Equity 

Partners in New York, N.Y. 

Megan Gustafson (BBA19) 

signed with the WNBA team 

the Washington Mystics. 

Gustafson is one of the most 

successful women’s basketball 

players in Iowa’s history. 

She was named Big Ten 

Female Athlete of the Year 

in 2019, was drafted into the 

WNBA by the Dallas Wings, 

and had her #10 jersey 

retired at Carver-Hawkeye 

Arena in 2020. 

Paige Haller (BBA15) 

relocated from Chicago, Ill., 

to begin a new career as a 

realtor with Coldwell Banker 

Hedges Realty in Cedar 

Rapids, Iowa. 

Steven P. Hensley (BBA15) 

was promoted to associate 

manager at Accenture in 

Chicago, Ill. 

Staci Meade (BBA10/MAc11/MBA20) was selected for 

the 2020 Corridor Business Journal’s “Forty Under 40” 

list for her work at Linn County Community Services 

and on the executive committee of the Linn County 

Mental Health Access Center. 

“My favorite memory from college 

was working to raise money for 

Tippie Build. My decision to get 

involved with local nonprofits has 

been the biggest driver of life 

and career satisfaction. I want to 

do work that contributes to 

a greater good.” 

Employees for Ernst & Young worked alongside Tippie 

students and faculty on the Habitat for Humanity Home 

in Iowa City, Nov. 6, 2009. 


CONNECT WITH US @TippieIowa TippieIowa Tippie College of Business @TippieCollege 

2000s 

Kyra Seay (BA15) is the director of social innovation 

and transformative initiatives at Bumble. 

Jennifer Hovda (BBA12) 

was promoted to senior 

finance manager for Gap. 

Adam Keune (CER10), 

along with Higher Learning 

Technologies cofounders 

Alec Whitters and Ben 

O’Conner, won the 2021 

Young Alumni Entrepreneur 

of the Year Award from the 

John Pappajohn Entrepreneurial 

Center. 

Michael Korobov (BBA15) 

works in finance and capital 

markets at Better Place Forests 

in San Francisco, Calif. 

Katie LaCroix (BBA18) is 

manager of innovation at 

4FRONT in Chicago, Ill. 

Jon Langel (BBA17) joined 

the Tippie Young Alumni 

Board. He is the founder of 

Langel Consulting Group in 

New York, N.Y. 

Rachel Langholz (BBA17) 


Alumni Board. She is a 

consultant with Deloitte in 

Washington, D.C. 

Santino Morena (BBA17) 

is a corporate development 

and transaction services 

specialist with Accenture in 

Chicago, Ill. 

Michelle Nessa (PhD14) 

won an Accounting Review 

Outstanding Reviewer Award. 

The award was given in 

August 2021 by the American 

Accounting Association. 

Nessa is an assistant professor 

at the Broad College of 

Business at Michigan State 

University. 

Isaac Oberlin (BBA17) 


Alumni Board. He is currently 

an MBA candidate at Northwestern 

University. 

Faviola Santana (BBA19) is 

a consulting campus recruiting 

specialist for Deloitte in 

Chicago, Ill. 

Jake Schafer (BBA19) 

was promoted to deals senior 

associate, capital markets 

and accounting advisory services 

at PwC in Dallas, Texas. 

Amy Schembari (BBA18) 


Alumni Board. She is global 

solutions lead for compete 

and case studies for Google 

in New York, N.Y. 

Katherine (Boyle) Smith 

(BBA17) is channels strategy 

manager for BMO Financial 

Group in Dallas, Texas. 

Jordyn Steinkritz (BBA18) 

joined the Tippie Young Alumni 

Board. She is a private equity 

associate at Osceola Capital 

Management in Tampa, Fla. 

Jonathan Swaim (BBA10) 

has joined Dentons Davis 

Brown as an attorney in Des 

Moines, Iowa. Swaim is a 

business transaction and 

securities lawyer, previously 

advising on compliance 

matters at Principal Global 

Investors. 

Gabriele Villarini (MBA18) 

was named one of the 

world’s most influential climate 

scientists by Reuters. 

Villarini is a University of 

Iowa engineering professor 

and the director of the IIHR— 

Hydroscience & Engineering. 

Jeralyn Westercamp 

(BBA14/MBA20) accepted 

a position as economic 

development manager for 

the John Pappajohn Entrepreneurial 

Center. 

Neil Zhang (BBA16) was 

promoted to associate 

director at UBS Asset Management, 

Multi-Managers 

Real Estate in Chicago, Ill. 

HAWKEYE memories 

Brent Banwart (BBA08) 

was named vice president 

of human resources for Ferrellgas, 

one of the nation’s 

largest propane retailers. 

He was previously human 

resources director at PepsiCo. 

Steve Bensema (BBA06) 

helped launch a new church 

in Marshalltown, Iowa, on 

Easter Sunday 2021. He cites 

his involvement in the Tippie 

College of Business, Dance 

Marathon, and founding Beta 

Theta Pi fraternity at the University 

of Iowa as experiences 

that helped him become an 

entrepreneur—first in the business 

world and now into the 

world of vocational ministry. 

Kerrie Carroll (BBA09) 

is vice president of human 

resources at Intelligent Medical 

Objects in the greater 

Chicago, Ill., area. 

Jessica Cole (BBA08) won 

the 2021 Young Alumni 

Entrepreneurial Leadership 

Award from the John Pappajohn 

Entrepreneurial Center. 

Cole is president and CEO of 

Becker’s Healthcare, a health 

care media company specializing 

in multimedia, live 

events, and virtual events. 

18 YEARS AGO 

Iowa MBA 

students 

presented 

Warren Buffett 

with an 

Iowa Hawkeyes 

football jersey. 

Sandra Davis (BBA04) 

received the University of Iowa 

Hickerson Recognition Award. 

Davis is co-head of global 

client marketing and communications 

for the Investment 

Banking Division in Goldman 

Sachs’ New York, N.Y., office. 

Matthew Decker (BBA04) 

was promoted to partner with 

PwC in Minneapolis, Minn. 

Andrew Hosmanek (BBA01/ 

MBA05/JD05/PhD15) has 

been appointed to the Iowa 

Supreme Court’s Grievance 

Commission by Chief Justice 

Susan Christensen. In 

this role, he will investigate 

and hear ethical complaints 

brought against attorneys in 

Iowa. Hosmanek is an associate 

professor of instruction 

at the Tippie College of Business 

where he researches 

professional ethics and 

teaches business law and 

ethics at the undergraduate 

and MBA level. 

19

1990s 

Jacob Johnson (BBA06) 

is a founding team member of 

the Laerdal Million Lives Fund, 

a $100M mission-driven venture 

capital fund investing in 

global health care technologies 

that increase health 

care access and improve 

outcomes. 

Joe Knebel (BBA07) 

was named vice president, 

senior relationship manager 

at Shareworks by Morgan 

Stanley. He is an Iowa City 

native, Krause Fund alum, and 

worked for the Tippie College 

of Business’ Stead Technology 

Services Group in college. 

Christina Lexa (BBA07) 

was appointed as the new 

strategy and governance 

leader for the Deloitte Global 

People organization. Additionally, 

she serves as the 

chief of staff for the Deloitte 

global chief people officer. In 

this role, Lexa develops and 

manages the implementation 

of the talent strategy for 

7,500+ Deloitte Global professionals, 

manages crisis 

response, and supports 

the most critical executive 

talent priorities. 

Patricia Miller (BBA04) 

won the 2021 Alumni Entrepreneurial 

Leadership Award from 

the John Pappajohn Entrepreneurial 

Center. Miller is the CEO 

and owner of M4. 

Nick Satariano (BBA08) 

was promoted to associate 

director of finance, overseeing 

all financials for the vision 

specialty benefits offering at 

UnitedHealth Group in the 

greater Minneapolis/Saint 

Paul, Minn., area. 

Mary Sellers (MBA07) 

returned as president of the 

United Way of Central Iowa. 

Sellers formerly led the organization 

from 2012 to 2017 

until she was appointed as 

U.S. president of United Way 

Worldwide in Arlington, Va. 

Nicole Thorne Jenkins 

(PhD02) joined the Tippie 

Advisory Board. She is the 

John A. Griffin Dean of the 

McIntire School of Commerce 

at the University of Virginia. 

Brooke VandeKamp 

(BBA01) was promoted to 

regional sales vice president 

at Grainger in the greater 

Phoenix, Ariz., area. 

Chris Homeister (BBA91) 

joined the Tippie Advisory 

Board. He is the former vice 

president and chief merchandising 

officer at GameStop. 

Robert D. Kendall (BBA96) 

was named president of 

Carillon Tower Advisers, a 

global, multi-boutique asset 

management firm. 


M. Ayhan Kose (MA94/ 

PhD97) coauthored a book, 

Global Waves of Debt: Causes 

and Consequences. Kose is 

a chief economist at the 

World Bank. 

Kristina Lutz (BBA90) 

joined the Marketing Institute 

advisory board at Tippie. She 

is vice president of strategic 

partnerships at CarSaver.com. 

Eric Martin (BBA93) is 

now head of enterprise transformation 

at Transamerica. 

He is a member of the Tippie 

Advisory Board and has three 

children, all currently enrolled 

at the University of Iowa. 

30 YEARS AGO 

A now retired annual tradition at the University 

of Iowa, the Clinton Street bed races brought out 

the spirit of competition in every student. 

University of Iowa Hawkeye yearbook, 1992. 

Courtesy of Special Collections, University of Iowa Libraries 

Joseph McIntosh (BBA92) 

is now co-head of Bank of 

America’s Chicago, Ill., investment 

banking office in addition 

to leading global agribusiness 

coverage for the firm. 

Cynthia “Cyndi” Nance 

(MA91) was awarded the 

2021 Hancher-Finkbine 

Alumni Medallion. Nance 

is dean emeritus and the 

Nathan G. Gordon Professor 

of Law at the University of 

Arkansas School of Law. 

Joel Pitz (BBA94) was 

named senior vice president 

and controller for Principal. 

He will have leadership 

responsibilities for corporate 

accounting, global sourcing, 

and financial reporting. Pitz 

has been in a variety of roles 

with Principal for 26 years, 

most recently as vice president 

and CFO for Principal 

International. 

Trevor Schauenberg 

(BBA91) was named chief 

financial officer of Equipment- 

Share. He was previously the 

president and CEO of GE Capital 

Industrial Finance. 

Matt Szafranski (BBA99) 

is a principal and senior portfolio 

manager at Chesley, Taft, 

and Associates in Chicago, Ill. 

Brian Thompson (BBA97) 

was named CEO of United- 

Healthcare, the insurance unit 

and overall biggest business 

of UnitedHealth Group Inc. 

Thompson has been with 

the Minnesota-based insurer 

since 2004. 

Wolfe Tone (BBA96) joined 

the Tippie Advisory Board. He 

is U.S. tax leader for Deloitte 

Private and a tax partner at 

Deloitte’s Chicago, Ill., office. 

Robert Weinberg (MBA98) 

joined the Cleveland, Ohio, 

law office of Taft Stettinius & 

Hollister LLP. He specializes 

in supporting the legal, business, 

and operations needs of 

clients in the pharmacy benefit 

management and related 

prescription drug supply 

chain industry. 

Chris Cox (BBA89) was 

named the Tippie Outstanding 

Accounting Alumnus of 

the Year for 2021. He is the 

senior vice president and 

chief accounting officer for 

AMC Entertainment Holdings 

Inc. in the Kansas City, 

Mo., area. 


1980s 

OH baby! 

FUTURE TIPPIE STUDENTS 

David Heiden (BBA80) retired as a captain after 30 years 

of flying with Delta Air Lines. Heiden previously flew as a 

pilot in the U.S. Air Force for 10 years. He earned his Air 

Force officer commission from the University of Iowa’s 

Air Force Reserve Officer Training Corps in 1980. 

“It’s been a great adventure, 

all starting at Iowa.” 

Lois Eichacker (BBA85) is 

the vice president of customer 

success at supplier.io 

in Chicago, Ill. 

John Higgins (BBA85/ 

MBA87) was named senior 

vice president of finance and 

chief financial officer of Vail 

Health in Vail, Colo. 

Mohamed Hassan Kamil 

(MBA86) is a high-level executive 

in the insurance industry 

in Malaysia. Since stepping 

into leadership in 2007, he 

has propelled Takaful Malaysia 

to become one of the top 

Takaful operators in the world. 

SHARE YOUR 


Submit your photos to: 

tippie.uiowa.edu/update 

Susan L. Kelsey (BBA84) 

will return to Iowa with 

Legacy Film for the 

making of a documentary 

about indigenous tribes. 

Kelsey is a producer and 

the author of Billy Caldwell 

(1780-1841): Chicago and 

the Great Lakes Trail. The 

documentary is expected 

to be released in 2023. 

Thomas A. Kloet (BBA80) 

was reelected to the Nasdaq 

Inc., board of directors. Kloet 

is the retired CEO and executive 

director of TMX Group 

Limited and a member of 

the Tippie Advisory Board. 

Jim Lewis (BBA83) won 

the 2021 Venture School 

Business of the Year award 

from the John Pappajohn 

Entrepreneurial Center for 

his company, Benjamin. 

“As someone 

who has a 

Boston Scientific 

defibrillator 

implanted in her 

heart, this makes 

me so proud to 

know a fellow 

alum is leading 

the team.” 

Linda Kuster (BA79) 

Michael Mahoney (BBA87) 

was named to Glassdoor’s 

Top CEOs for 2021 list. He 

is chairman and CEO of 

Boston Scientific. 

Will Moon (BBA83), along 

with his wife, Renee, made 

a transformative donation 

to endow the head football 

coaching position and create 

a new athletics excellence 

fund at the University of Iowa. 

Moon is part owner of the 

World’s Largest Truckstop 

outside of Walcott, Iowa. 

Michael Prior (BBA80) has 

started city transit systems in 

Santa Clarita, Calif., and Kankakee, 

Ill. Both startups were 

designated the fastest growing 

transit systems in North 

America and each received the 

Outstanding Transit System 

Award by the American Mass 

Transportation Association. 

Angela Sanders (BBA86/ 

MA88) has retired from 

Principal after 32 years with 

the company. 

Soumyo Sarkar (MBA82) 

joined the advisory council of 

Fintso, an AI-based wealthtech 

platform catering to 

independent financial advisors 

and their investors. 

MBA student John Cord 

and his wife Audrey welcomed 

Atticus Jude Cord 

on January 28, 2021. He 

weighed 8 lb. 1 oz. and was 

20.5 inches long. 

Adam McCleish, MBA student, 

and his wife Kathryn 

welcomed Edward “Eddie” 

Darwin McCleish into the 

world on April 6, 2020. He 

weighed 6 lb. 7 oz. and was 

18.75 inches long. 

Faizal McBride (MBA11) and 

wife Bobbi welcomed Lily 

McBride into the world on 

August 10, 2021. 

Aaron Schaefer (BBA02/ 

MBA04) welcomed Orson 

Omby Schaefer into his 

family in September 2020. 

Schaefer is vice president 

of investments, trust, and 

wealth at Hills Bank & Trust 

Company in North Liberty, 

Iowa. He is also on Tippie’s 

Krause Fund advisory 

board. 

Prasoon Vidyarthi (MBA17) 

and his wife Pankhuri welcomed 

Pahi on February 17, 

2021. 

“We cherished 

our time in 

Iowa and the 

relationships we 

built with the 

people there. 

We hope to raise 

Pahi with the 

Iowan values of 

love, respect, 

and care.” 

Is there a new babe in your life? 

Send us an update and we’ll send you a bib! 

tippie.uiowa.edu/update 

21

1960/50s 

Fred Luthans (MBA62/PhD65) received the 

Academy of Management’s Distinguished Scholarly 

Contributions to Management Award, a top honor 

in the field. Luthans is an emeritus professor of 

management at the University of Nebraska. 

FUN FACT: Luthans was a letterwinner 

on the Hawkeye track team (1957-1961)! 

University of Iowa Hawkeye yearbook, 1961. 


BETTER 

TOGETHER 

Tippie College of Business 

is one of the top-ranked, best-value 

business programs in the country. 

Alumni and friends play an important 

role in our success by staying 

connected and giving back. 

2021 GIVING BY THE NUMBERS 

510 

Donor-funded scholarships 

were awarded to students 

last year. 

Dan Collins (BBA68/PhD73) 

received the 2021 Hancher-Finkbine 

Faculty Medallion. 

This prestigious award is in 

special recognition of his 

achievements in leadership, 

learning, and loyalty. 

Karl Nollenberger (BBA69) 

retired after a career that 

included nine years in 

accounting/finance, 21 years 

in city/county management, 

and 13 years in academia. 


Charles Harvey (BSC56) 

retired after owning Lilly Printing 

Company in Cedar Rapids, 

Iowa, from 1963 to 2005. 

CONNECT WITH US 

@TippieIowa 

TippieIowa 

Tippie College of Business 

@TippieCollege 

53 YEARS AGO 

DID YOU KNOW? 

From July 1, 2020, to June 30, 2021, nearly 

2,100 

alumni and friends came 

together to commit more than 

$26.8M 

in donations to support current and 

future generations of business students, 

faculty, and innovative programs. 

THANK YOU! 

34 

Faculty held prestigious, 

donor-funded named faculty 

positions. 

1,627 

Tippie alumni participated in 

University of Iowa events. 

“No big names scheduled for concerts” 

ran the headline in the 1969 Hawkeye 

yearbook after Led Zeppelin performed at 

the IMU on January 15, 1969. 


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. 


in 

MEMORIAM 

Frank Schmidt 

April 29, 1944 – August 21, 2021 

Emeritus Professor of Management 

and Entrepreneurship 

Frank Schmidt was one of the University of Iowa’s most cited 

researchers. Schmidt was a pioneer in the field of industrial 

and organizational psychology, the study of human behavior in 

the workplace. A prolific researcher, his h-index, a measure of 

a scholar’s influence, is 98, which puts him seventh among all 

University of Iowa-affiliated researchers. 

Schmidt joined the college in 1984 as the Ralph L. Sheets 

Distinguished Professor and retired as the Gary C. Fethke Chair 

in Leadership in 2012. With graduate degrees from Purdue 

University, Schmidt was a member of the faculty at Michigan 

State University and held a research position at the Personnel 

Research and Development Center at the U.S. Civil Service 

Commission for 11 years before joining the faculty at the 

University of Iowa. 

J. Richard Zecher 

July 3, 1940 – May 11, 2021 

Dean, 1978–1981 

Richard Zecher started his academic career as an assistant 

professor of economics at the University of Chicago where 

he worked under Milton Friedman. He earned both a BA and 

PhD in economics from Ohio State University and an MA in 

economics from the University of Delaware. After stepping 

down as dean, he served as the chief economist for Chase 

Manhattan Bank. He later became CEO of Chase Investors 

Management Corporation and its successor UBS Asset 

Management. He also served as the public director on the 

Chicago Board Options Exchange (1979–1997). 

David Fisher 

December 7, 1936 – May 30, 2021 

Tippie Advisory Board member, 2001–2012 

David Kirkpatrick (BBA62) 

July 11, 1939 – May 31, 2021 

Charter member of the Tippie Board of Visitors 

(now the Tippie Advisory Board), 1983–2012 

Merle Volding (BSC49) 

February 19, 1923 – May 21, 2021 

John Pappajohn Entrepreneurial Center 

Advisory Council member, 1999–2013 

1940s 

John R. Amies (BSC49) 

Martha M. Beckman (BSC44) 

Chester L. Cline (BSC49) 

Donald D. Current (BSC47) 

Edward H. Ford (BSC48) 

Robert J. Frenchick (BSC49) 

John V. Hogan (BSC49) 

Marian A. LaShorne (BSC48) 

Grace E. Milroy (BSC49) 

Ralph A. Schweitzer (BSC42/ 

MA43) 

Marvin W. Stockdale (BSC49) 

Merle J. Volding (BSC49) 

D. Jean Walters (BSC41) 

1950s 

Thomas C. Barker (BSC54/MA60/ 

PhD63) 

Dean A. Biester (BSC55) 

Allen E. Brennecke (BBA59) 

Merrill L. Button (BSC53) 

Ronald H. Dom (BSC55) 

John F. Doran (BSC58) 

Ronald E. Dowd (BSC57) 

R. Marshall Engelbeck (BSC55) 

Kenneth D. Fidler (BSC50) 

Raymond L. Fredrick (BSC51) 

Martin H. Galex (BSC57) 

Con D. Hamborg (BSC50) 

Robert D. Hassel (BSC50) 

Bernard J. Hauser (BSC57) 

Donald C. Hays (BSC50) 

Stanley D. Hemmen (BSC53) 

Malcolm B. Higgins (MA52) 

Donald I. Hillstrom (BSC50) 

Jack B. Hoffman (BSC57) 

Ross D. Hopkins (BSC50) 

Phillip J. Ingebritson (BSC58) 

Norman E. Johnson (BSC52) 

Larry L. Keim (BBA59) 

Patricia A. Lichtenberger (BSC56) 

Frank Luscri (BSC58) 

Alan W. Matthias (BSC54) 

Malcolm Dean McMichael 

(BSC52) 

Glenn L. Medhus (BSC50) 

William H. Millhaem (BSC56) 

Charles W. Monaghan (BSC59) 

William L. Nicholas (BSC51) 

Marion M. Nobel (MA57) 

James D. Noe (BSC50) 

Leonard L. O’Hair (BSC59) 

Richard J. Petty (BSC57) 

Raymond R. Renk (BSC50) 

Robert L. Robertson (BSC50) 

Barbara A. Rose (BSC56) 

Arthur D. Sandvig (BSC51) 

Leroy M. Schmidt (BSC57) 

Yaro M. Schnoebelen (BSC51) 

Alan Skelley (BBA59) 

J. Worth Slade (BSC56) 

Clarence L. Triplitt (BSC53) 

Mike Trueblood (BSC51/MA53) 

Ralph W. VanZwol (BSC58) 

Joseph U. Venaglia (BSC52) 

George A. Vrame (BSC52) 

William A. Westerbeck (BSC59) 

Robert C. Wolford (BSC51) 

1960s 

Francis J. Arkfeld (MBA67) 

Allan C. Bachman (BBA60) 

William C. Barnhart (BBA62) 

R. James Becker (BBA64) 

Mick Von Bergen (MBA66) 

Suzanne B. Britts (BBA68) 

Larry C. Bruse (BBA65) 

Dean E. Carr (BBA63) 

Benjamin R. Cornish (BBA63) 

Albert R. Cunningham (BBA63) 

Donald K. DeKock (BBA65) 

Sidney A. Dykstra (MBA63) 

Henry I. Feir (BBA69/MA71) 

Lawrence P. Gasho (BBA64) 

Richard L. Goldberg (BBA63) 

Charles O. Hanson (BBA67) 

Steven L. Hartley (BBA66) 

Theodore A. Jacobs (MBA66) 

Warren L. Jones (BBA68/PhD82) 

David J. Kirkpatrick (BBA62) 

Jerry L. Kupris (BBA61) 

Clark A. Lane (BBA60) 

James E. Littlefield (BBA65) 

Thomas X. Lucas (BBA67) 

Jane G. Riehl (BBA68) 

Thomas J. Sheridan (BBA62) 

George W. Shidler (BBA67) 

Lee Shippy (BBA66) 

David C. Simmons (BBA64) 

Richard S. Smith (BBA65/MA70) 

Imogene J. Streeter (BBA67) 

R. Don Taylor (BBA63) 

William Terry Trowbridge (BBA61) 

Glenn A. VandeLune (BBA61) 

James E. Walter (BBA60) 

Jerry P. Williams (BBA62) 

Marshall W. Young (BBA65) 

Charles A. Zuber (BBA61) 

1970s 

Joseph P. Acker (BBA78) 

Robert M. Barnard (BBA70) 

Steven A. Jensen (BBA71) 

Jack R. Krasuski (BBA74) 

David A. Kreiman (MBA70) 

Jean B. Mallonee (MA75) 

John R. McEwing (BBA71) 

Edward W. Peterson (BBA73) 

Robert B. Putney (BBA78/MA80) 

Lyle A. Ratzel (BBA70) 

John E. Rector (BBA71) 

Larry J. Reinsma (MBA79) 

James A. Schmidt (BBA74) 

John G. Schnoebelen (BBA71) 

Philip L. Stambaugh (BBA70) 

Kenneth F. Whitmore (BBA70) 

Jay D. Wortman (MA79) 

David D. Zittnan (BBA78) 

1980s 

Tom G. Bontje (BBA89) 

Barbara J. Burmeister (BBA89) 

Lisa M. Dalsing (BBA84) 

D. James Day (PhD80) 

Gregg A. Erwood (BBA82) 

Richard K. Gage (BBA82) 

Jonathan R. Hansen (BBA88) 

Douglas L. Harner (BBA86) 

Douglas G. Higgins (MBA89) 

Michael A. Jackson (BBA80) 

Ranna Kitanidis (MBA85) 

Elaine M. Smith (MBA88) 

Timothy A. Stanley (BBA82) 

Curtis E. Stewart (BBA82) 

Herman J. Van Duyne (MBA81) 

William L. Van Helten (BBA81) 

Gary R. Wiedenfeld (BBA83) 

Michael M. Wood (MBA86) 

1990s 

Scott A. Madison (BBA90) 

Douglas D. Memler (MBA91) 

Brent J. Perrier (MBA95) 

Annette L. Reimer (BBA90) 

Craig A. Schmidt (MBA90) 

Andrew M. Soden (BBA91) 

Laurie J. Zimmerman (BBA95) 

2000s 

Justin L. Demand (BBA18) 

23

HOW TO 

Dustin Godsey (BBA02) | Chief Marketing Officer, Milwaukee Bucks, Milwaukee, Wisconsin 

THIS / OR / THAT? 

SPONTANEOUS / PLANNED 1 

BUZZER BEATER / SHUTOUT 2 

OPTIMIST 3 / PESSIMIST 

INTROVERT / EXTROVERT 

HOT DOG 4 / NACHOS 

TALK / LISTEN 5 

COFFEE 6 / TEA 

SHORT TERM / LONG TERMI 

PBR / MILLERI 

HOME / OFFICE 7 

PHONE CALL / EMAIL 8 

3-POINTER / SLAM DUNK 

TWITTER 9 / LINKEDIN 

KAREEM / GIANNIS 10 

LET ME EXPLAIN... (1) Having a plan doesn’t mean being scripted. Knowing where you want to go gives you the 

flexibility to improvise along the way. (2) It’s hard to beat the adrenaline of a buzzer beater, but in the end, it’s an 

individual moment. A shutout takes sustained effort and teamwork. (3) It’s better to light a candle than curse 

the darkness. (4) Possibly the perfect food. I don’t care if it is a sandwich or not. (5) Being a marketer means 

understanding what your audience wants or needs, which is hard to discover if you never give them a chance 

to tell you. (6) My Iowa Hawkeyes coffee mug is never far from reach. (7) Technology is great, but it can never 

replicate the communication and collaboration that comes from being together. (8) I’m a writer at heart, and while 

I appreciate the efficiency of a phone call, I love the ability to carefully choose my words in an email when I really 

need to communicate an idea. (9) It’s not what it used to be, but it is still the outlet for my more irreverent side. (10) 

While difficult to pick against the all-time scoring champ, I’ve been lucky to be a part of the ride with Giannis from 

an unknown draft pick to NBA champion. 


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 ALUMNI 

AND CONSTITUENT ENGAGEMENT 

Barbara Thomas (MBA11) 

EDITOR AND DIRECTOR OF 

STRATEGIC COMMUNICATIONS 

Rebekah Tilley 

DESIGN 

The Williams McBride Group 

WRITERS 

Emily Halonen Bratcher 

Amanda May (BA05/BFA05) 

Tom Snee 

PHOTOGRAPHY 

Don Dow 

Jonathan Chapman 

Iowa Brewing Company 

Miranda Meyers 

Paulius Musteikis 

Student Publications Inc. 

Justin Torner 

University of Iowa Libraries 

Iowa Women’s Archives 

Special Collections 

ILLUSTRATIONS 

Cheryl Graham 

Joel Kimmel 

COPY EDITOR 

Lesanne Fliehler (MA83) 

...one last thing... 

“Tucked into the college’s photo archive is a robust 

collection of photos of our Iowa MBA students with 

Warren Buffett. I’m always struck by the sense of 

warmth and comradery that come through these 

photos, and others that alumni have sent us from 

their time studying abroad, rushing the field at 

Kinnick, or other images that represent student life 

on Iowa’s campus.” 

I am always on the hunt for great Tippie alumni photos. 

Share them with me at tippie.uiowa.edu/update. 

—REBEKAH TILLEY 

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. © 2022 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. W001664 

4

108 John Pappajohn Business Bldg. 

Iowa City IA 52242-1994 

tippie.uiowa.edu 

old 

GOLD 

1982 

HERKY HIT HARD 

Get the inside story 

of this Rose Bowl 

moment on page 8. 

Courtesy of Don Dow

Tippie Magazine (Winter 2022) - Tippie College of Business

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