Iowa Ledger (2022) - Tippie College of Business
Iowa Ledger is an annual publication for alumni and friends of the Department of Accounting, Tippie College of Business, University of Iowa.
Iowa Ledger is an annual publication for alumni and friends of the Department of Accounting, Tippie College of Business, University of Iowa.
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CAMPUS<br />
RETIREMENTS<br />
Reputation Builder<br />
Mark C. Penno retires<br />
BY • AMANDA MAY<br />
Pr<strong>of</strong>essor Mark Penno taught analytical and theoretical classes at <strong>Tippie</strong>, which<br />
makes perfect sense considering he first earned a bachelor’s degree in philosophy<br />
before moving to accounting for his master’s and Ph.D. His teachings helped<br />
form the reputation <strong>of</strong> <strong>Tippie</strong> students being able to think through and analyze<br />
problems—one <strong>of</strong> the reasons our graduates are sought after.<br />
One <strong>of</strong> Penno’s former students, Bradford Hepfer (BBA06/<br />
MAc07/PhD16), who is now an assistant pr<strong>of</strong>essor at Texas<br />
A&M, said, “I’ve interacted with many analytical researchers—<br />
they are all remarkably intelligent and creative scholars—but<br />
none hold a candle to Mark when it comes to his ability<br />
to bring life to challenging, complicated, and otherwise<br />
inaccessible theories and models.”<br />
Kathryn Brightbill (PhD18), now an assistant pr<strong>of</strong>essor<br />
at Utah State University, remembers his helpful class<br />
notes. “Even now I <strong>of</strong>fer them to students who are looking<br />
to understand one <strong>of</strong> the papers we have covered. I’m not<br />
ashamed to admit I occasionally look at them myself! He is<br />
a good person, great teacher, and fantastic friend. With his<br />
retirement, the academic world will be a little less fun.”<br />
Penno joined the University <strong>of</strong> <strong>Iowa</strong> faculty in 2004 and was<br />
most recently the Sidney G. Winter Pr<strong>of</strong>essor <strong>of</strong> Accounting.<br />
Apart from his research and refereeing <strong>of</strong> peer’s research,<br />
Penno spent much <strong>of</strong> his time teaching MBA students in Des<br />
Moines.<br />
Some career highlights include being ranked #1 in 2012 for<br />
accounting research productivity for the Ph.D. class <strong>of</strong> 1983<br />
by Issues in Accounting Education, winning the best paper<br />
award from Accounting Horizons in 2009, serving as the<br />
director <strong>of</strong> the McGladrey Institute for Accounting Education<br />
and Research at <strong>Iowa</strong> from 2011 to 2014, and being named a<br />
fellow <strong>of</strong> the Accounting and Economics Society.<br />
Mark and Bonnie Penno<br />
Penno plans to spend retirement in <strong>Iowa</strong> City and his second<br />
home in Galena, Ill. with his wife, Bonnie. •<br />
8 IOWA LEDGER <strong>2022</strong>
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