Iowa Ledger (2024) - Tippie College of Business

2024
IOWA
LEDGER
UNIVERSITY OF IOWA TIPPIE COLLEGE OF BUSINESS DEPARTMENT OF ACCOUNTING
FROM MASON CITY TO THE MOTOR CITY
Bill Swift lives for the blue oval

MISSION
Our Mission
The national prominence of our department
stems from the reputation for excellence of our
programs and research of our faculty. A primary
goal is to provide undergraduate and Master of
Accountancy students with a broad and deep
educational experience that will facilitate their
professional growth.
This objective entails providing students with a
strong technical foundation in core accounting
competencies; developing their skills in critical
thinking, analysis, and communication; and
fostering an awareness of ethical matters and a
sense of professional integrity and judgment.
We also seek to educate students from other
departments in a manner that enables them
to become informed users of accounting
information.
We aim to cultivate the future leaders in the
academic community by training and working
with doctoral students. Promoting the research
enterprise, which requires faculty to update their
professional skills continually by participating
in the creation and dissemination of accounting
knowledge, is critical in its own right and in
accomplishing our curriculum goals.
The Iowa Ledger is an annual publication
for alumni and friends of the Department of
Accounting at the University of Iowa Tippie
College of Business.
EDITOR
Amanda May
ASSISTANT EDITOR
Tory Brecht
DEPARTMENT EXECUTIVE OFFICER
Ryan Wilson
DESIGN
The Williams-McBride Group
CONTRIBUTING WRITERS
Tory Brecht
Amanda May
Ruth Paarmann
Tom Snee
Paul Stevens
PHOTOGRAPHY
Jake Handegard
Amanda May
Brendan Paul
Slotten Family
Jason Smith | UICA
Stead Impact Ventures
Justin A. Torner | University of Iowa
Vietnam Veterans Memorial Fund
Andy Wakeman
Danny Wilcox Frazier
Jeff Wilson
Nic Wynia
ILLUSTRATIONS
Joel Kimmel
CONTACT US
Your feedback is always welcome!
Direct correspondence to:
Amanda May
Editor, Iowa Ledger
Tippie College of Business
S210 PBB
University of Iowa
Iowa City, IA 52242-1994
amanda-may-1@uiowa.edu
tippie-iowaledger@uiowa.edu
ADDRESS CHANGES
Email your updates to
alumni-records@uiowa.edu
or mail to:
Alumni Records
Office of the Registrar
University of Iowa
2 Jessup Hall
Iowa City, IA 52242-1797
TIPPIE IN FOCUS
Email us at tippie-focus@uiowa.edu
to subscribe to the college’s monthly
e-newsletter.
Copyright @ 2024 Tippie College of
Business, University of Iowa
All rights reserved.
COVER IMAGE
Photo by Andy Wakeman
IOWA
LEDGER
TABLE OF CONTENTS 2024
15
4 Department News
6 The International Taxation Shell Game
Michelle Hanlon visits campus as Sullivan Scholar in Residence
8 Redefining Heroism
A tribute to the unbreakable spirit of Doug Slotten
12 Professional Navigator
Michelle Gall guides global privacy and risk assurance
at Booking Holdings
FROM MASON CITY TO THE MOTOR CITY
Bill Swift lives for the blue oval
RESEARCH
20 Say Less?
Michael Durney’s research on the danger in CEOs taking sides
22 Leading the Way
Jennifer and Chad Greenway are doing good up north
CAMPUS
FEATURES
FAMILY
26 Inspiring Investors, Leaders, and Dreamers
Q&A with Tiffani Shaw, CEO Stead Impact Ventures
28 Hickerson Award Winner Jim Wiese
29 Alumni Notes
32 In Memoriam
BEST OF
DISTRICT

Dear Alumni and Friends:
In October 2023, The Wall Street Journal published “Why No One’s Going into Accounting,” an
article detailing the ongoing shortage of accountants in the United States. To many observers,
this trend is surprising given accounting’s clear status as the most glamorous of all fields of
business. Nonetheless, for a combination of reasons the trend has continued, and the University
of Iowa has not been completely spared. While the overall number of undergraduate accounting
majors and Master of Accountancy students has remained relatively stable, our share of total
business majors has declined, even as Tippie College of Business enrollment has grown.
Through the leadership of outgoing
Department Executive Officer, Cristi
Gleason, and Director of Undergraduate
Studies, Lisa Dutchik, this year we
launched the Corporate Accounting
Track. The program is designed for
undergraduate students interested in
accounting careers outside of public
accounting. It also provides students with
more flexibility to include accounting
as part of a double major. The program
has been successful out of the gate, as
we have already seen a 40% enrollment
increase for courses in this track.
The Corporate Accounting Track is the
centerpiece of a variety of innovations
we are implementing to attract additional
students into the field. While my comment
about the glamour of accounting was
just the tiniest bit in jest, the reality
is that accounting is the language of
business, and as our alumni well know,
studying accounting opens the door to an
incredible variety of career opportunities.
This year marks the fourth year of our
Early Career Professional Accounting
Council (EcPAC). I am grateful for the
input and mentoring from our 80+ EcPAC
members. Accounting is changing at
lightning speed, and our EcPAC members
have been critical in helping us keep a
pulse on those trends. In turn, we are
better preparing our accounting students
for a successful transition from the
classroom to their careers.
With both excitement and a bit of
trepidation, this year I am officially
stepping into the role of Department
Executive Officer. The Department
of Accounting flourished under Cristi
Gleason’s leadership over the past four
years. Of course, change is inevitable, and
my goal is to continue the tradition of
excellence in education and scholarship
that has been the hallmark of our
department for decades.
The department is as strong as ever with
Kevin Den Adel’s continued leadership
of the Master of Accountancy program,
and Greg Hall stepping into the role
of director of undergraduate studies,
Scott Asay as the new director of the
RSM Institute, and Jaron Wilde as the
new director of graduate studies for our
Ph.D. program. With these changes, I am
fortunate to have the ongoing guidance
of our senior faculty Ramji Balakrishnan,
Cristi Gleason, and Paul Hribar.
The accounting faculty and students
appreciate the ongoing support of our
alumni and friends. It’s a huge part of
what makes our department special.
We look forward to a vibrant 2024-2025
academic year!
Warmest regards,
Ryan J. Wilson
Accounting Department Executive Officer,
Henry B. Tippie Chair in Accounting, and Professor
ryan-wilson@uiowa.edu
UNIVERSITY OF IOWA TIPPIE COLLEGE OF BUSINESS 3

CAMPUS
NEWS
GIVE THESE
Hawkeyes
a round of applause!
NEW CORPORATE
ACCOUNTING TRACK
LAUNCHES
The “ new
track offers a
well-rounded
education
that prepares
students for
a variety of
careers in
the corporate
world.”
Christian Hutzler
Deloitte Foundation Doctoral Fellow
–CINDY MIES,
Director, Tippie Undergraduate
Career Services
Awarded to the top 10 accounting
Ph.D. candidates across the U.S.
Celebrating
a Quarter
Century
It’s unlikely that Henry B. Tippie
(BSC49), as a fresh-faced
accounting major, could have
dreamt that Iowa would eventually
name its business school after
him. But in 2024, the college
proudly celebrates the 25th
anniversary of being the Henry B.
Tippie College of Business.
DYK?
The business school’s in-house cafeteria and café were named after
Henry’s wife, Patricia. Pat’s Diner is a great place to grab a slice of
pizza, and Pat’s Too is a popular coffee shop in the Biz Hub.
Jack Krause (BBA22)
Elijiah Watt Sells Award
Scored above 95.5 across all
four sections of the CPA Exam—
on the first try!
Alex Cappel (BBA22/MAc23)
Capstone Award
A top scorer among all Iowa
candidates on the 2023 CPA Exam.
Kennedy Scott (BBA23)
ISCPA Education Foundation
Scholarship
Given to outstanding accounting
students who plan on taking the
CPA Exam in Iowa.
WHAT?
Tippie’s
undergraduate
accounting major
has added a new
track option to
prepare students
for non-public
accounting
positions.
18
#
WHY?
Employers
across the country
are in desperate
need of more
accountants and
Tippie is looking
to supply them.
WHO?
Students interested
in doing accounting
work at small or
large businesses
and/or who would
like to pair an
accounting degree
with a major in
areas like finance or
analytics.
WHEN?
Starting this
semester. The
department may
see graduates as
soon as May 2025.
Top accounting program
at a public university
(U.S. News & World Report, 2025)
Thank you
for 40 Years of
Partnership, RSM!
2024 marks the fourth
decade of the RSM
McGladrey Accounting
Education and Research
Institute at the college.
Since the 1980s, the
institute has supported
groundbreaking student and
faculty research and helped
fund infrastructure projects
at the college. RSM has also
consistently hired Tippie
graduates, hosted a speaker
series for current students,
and representatives from
the firm have actively
participated in the
Professional Accounting
Council.
4 IOWA LEDGER 2024 5

CAMPUS
FUN FACT
Hanlon is originally from Iowa!
Her family farm is in the Quad Cities area.
The
INTERNATIONAL TAXATION
Shell Game
Top tax policy scholar visits campus
as Sullivan Scholar in Residence
BY • RUTH PAARMANN AND AMANDA MAY
The Sullivan Scholar in Residence program is supported by accounting alumnus Michael
Sullivan (BBA87). Thanks to his generosity, the college is able to bring preeminent scholars to
campus to enrich the education and scholarly connections of its students and faculty.
Last fall, tax policy expert Michelle Hanlon took time out of her busy schedule testifying before Congress
and teaching at MIT to come to the University of Iowa campus as the 2023 Sullivan Scholar in Residence.
During her week-long residency with the
accounting department, she met with
accounting Ph.D. students and faculty
and gave a public lecture at the Pappajohn
Business Building, providing an overview of
her research on the intricate geopolitical
tensions between the Organisation for
Economic Co-operation and Development
(OECD) and individual nations over
corporate tax and climate policies.
Her lecture delved into the proposal for
a 15% minimum corporate tax across the
globe by 2026. One of the questions she
posed was: Who will have sovereignty, and
where and how will these taxes be paid?
If the proposal goes through, Hanlon
says individual countries will stop having
unilateral control over how much they
tax companies. From a U.S. perspective:
If we don’t tax our companies at least
15%, another country will. While 15% is
well under the U.S.’ statutory 21%, there
are many exceptions, and the water
gets muddier the farther you go into
policymaking.
She noted that efforts to implement
international taxes will have interesting
and perhaps unexpected effects—
particularly on financial accounting.
The taxes will be a threat to capital
markets as corporations juggle how to
avoid them and countries try to manage
implementation. It's also unclear who will
dictate calculation, administration, and
enforcement.
According to Hanlon, these as-yet
unanswered questions are at the core of an
ever-shifting global shell game.
“International tax policy has become
very political and complicated, but it’s
important and fun to study,” she said.
THE TAKEAWAY: The coming changes
in international tax policy will grab the
attention of more than just researchers;
they are likely to increase complexities
for auditors everywhere.
6 UNIVERSITY OF IOWA TIPPIE COLLEGE OF BUSINESS 7

FEATURE
BY • PAUL STEVENS
“I don’t know if we each have a
destiny, or if we are all just floating
around accidental like on a breeze,
but I, I think maybe it’s both.”
– FORREST GUMP
Was it destiny or random chance that defined the remarkable life of Doug Slotten?
REDEFINING
Heroism
A tribute to the unbreakable spirit of Doug Slotten (BBA69)
Slotten’s “feather” lifted him from his
parents’ farm home in Barnum, Iowa to
the University of Iowa to the financial
district of Chicago to the battlefields
of Vietnam (where he lost his eyesight
and half of his right leg) to law school at
Arizona State University to a job with the
federal government in Washington, D.C.,
and, eventually, to his burial at Arlington
National Cemetery.
Slotten died of prostate cancer in 2023,
at his home in Chevy Chase, Maryland,
surrounded by family—his wife Elin, twin
daughters Chelsi and Kirsten, sisters
Deanna and Nancy, and brother Lyle. He
was 76.
Weeks after his passing, the circle of
life continued with the birth of Slotten’s
grandson and namesake, Maxwell Douglas
Pavlovic, to daughter Kirsten
and husband, Alex.
“I think my dad would be super happy and
proud,” Kirsten said. “Max has his chin (and
mine!) and also his furrowed brow when
he’s thinking really hard or displeased by
something.”
Vietnam
It was a December day in 1970 when 23-
year old Army Sgt. Douglas Slotten stepped
on a land mine while on reconnaissance
patrol in South Vietnam, attached to the
101st Airborne Division. He was quickly
evacuated to a hospital ship, but doctors
were unable to save his sight and were
forced to amputate the lower half of his
right leg.
Call it his destiny or the random nature of
life, this much is true: The injuries changed
the course of Slotten’s life and all the lives
he touched for the next 53 years.
Slotten, a recipient of the Purple Heart,
set out with resolve and courage to a
future far removed from the farm where
he grew up—a future that took him as a
blind amputee to law school in Arizona, an
impactful 45-year career with the Federal
Communications Commission in the
nation’s capital, and a marriage of 37 years.
Heroes are buried at Arlington—and
Slotten was a hero—but in a larger way
than what happened to him in Vietnam.
“While many may see Douglas as a war
hero, I see him as a life hero,” said his sister,
Deanna. “What makes him so special is
not what happened to him in war, but
rather what he did after that and how he
did it. He was not bitter, didn’t feel sorry
for himself. Instead, he set about figuring
out how to continue with the dreams he
had and then pursued them with tenacity
and great success.”
8 IOWA LEDGER 2023 AUDIO VERSION: qrco.de/dougslotten
UNIVERSITY OF IOWA TIPPIE COLLEGE OF BUSINESS 9

The arrival of Veterans Day 2023 sparked
a memory from daughter Chelsi:
“He used to come in our school classrooms
to talk on Veterans Day on what he did
in the Vietnam War,” she said. “One of
the stories he would tell was being on a
hospital ship after he was injured and an
Army chaplain coming in to talk to him.
The chaplain had a bit of a prepared speech
on the meaning of life and such and started
in on the speech. My dad interrupted and
said, ‘You’re wasting your time. A lot of
people say that. You don’t understand. I
was lucky enough to be born in a free
country. This was my price that I’m willing
to pay so that my family can live in a free
country.’ I don’t know if it ever occurred to
him to feel bad or resentful. He didn’t let it
define his life or purpose.”
Early Life
Slotten was born in Fort Dodge, Iowa, on
Dec. 22, 1946, to Leo Russell Slotten and
Evelyn Woods Slotten, who farmed. He was
the oldest of four children.
After graduating from Northwest Webster
High School in 1965, Slotten attended
the University of Iowa where he earned a
bachelor’s degree in accounting in 1969.
Friends say his propensity at poker and
ironing shirts for fellow students helped
finance his education. He remained a
dedicated Hawkeye sports fan, especially
basketball, for the rest of his life.
His first job out of Iowa City was in Chicago
with major accounting firm Ernst & Ernst
(now known as EY), but his employment
was interrupted by the draft. He attended
Army basic training at Fort Polk, Louisiana.,
and then advanced infantry training.
Slotten was promoted to sergeant (E-5) and
after assignments in Georgia and Kansas,
got his orders for Vietnam. He shipped out
Nov. 7, 1970.
Reconnaissance Mission
Five weeks into Vietnam, on Dec. 14, 1970,
he was with a reconnaissance platoon
assigned to the 101st Airborne Division that
was landed by helicopter on a hilltop in
hazardous territory north of Hue.
“We were checking the area,” he recalled
in a 1971 interview with the Des Moines
Tribune. “I went off to one side, looking
for signs of the enemy. Our group had
found one mine. I found the second. I
stepped on it.”
Within an hour he was flown in a military
helicopter to the USS Sanctuary, a Navy
hospital ship, where he stayed 17 days.
After spending New Years Eve at the Da
Nang airport, he was flown to Walter Reed
Hospital in Washington.
He was given home leave and returned to
Iowa with crutches and a wheelchair. “It
was a happy time, and it was a hard
time,” Slotten told Lois Johnson of The
Fort Dodge Messenger in a Nov. 5, 1971,
interview. “It was harder for the folks than
for me. I’d had a month to adjust. They
hadn’t. I had ideas about how to function.
They had to learn.”
CPA Exam
Slotten returned to Walter Reed—where he
learned to read Braille—and then entered
Hines Veterans Hospital in Chicago for
intensive training in how to live as a blind
person and how to walk with an artificial
leg. He returned to the University of Iowa
as a special student, took three courses,
and remarkably, completed the fourth
and final section of the Certified Public
Accountant test.
Slotten next decided to pursue an earlier
ambition of entering law school. He
applied and was admitted to Arizona State
University School of Law, becoming the
school’s first completely blind law student.
With a Braille typewriter and several tape
recorders, while living alone in a studentfilled
apartment complex in Tempe, he
graduated cum laude and in August 1975
joined the Federal Communications
Commission (FCC) as an attorney.
The FCC
He would live the rest of his life in the
Washington D.C. area. Three years
after joining the FCC, he was named
Outstanding Handicapped Federal
Employee of the Year. He commuted to
work by bus and train for most of his
career, before taking cabs and Ubers in his
later years. He retired in 2021.
Slotten’s service to the FCC was noted
by FCC Chairwoman Jessica Rosenworcel
following his death.
“Doug’s contributions helped shape the
telecommunications marketplace and set
the stage for the broadband revolution,” she
said, adding that he was “a kind, patient, and
selfless teacher—he was always generous
with his knowledge and his friendship. Doug
also reminded all of us that life can hold
great things, even in the face of challenges.
He will continue to inspire us, as long as we
hold his memory close.”
Family Life
Slotten’s family was hugely important to
him, said his wife Elin Wackernagel-Slotten,
and he doted on their twin daughters.
How did they meet? Elin responded,
“Doug loved it when people asked us how
we met. Doug being Norwegian and a
Slotten, he was not one to show emotion,
but he would get this little wicked
grin and say, ‘a blind date.'” She was a
schoolteacher in Chevy Chase, Maryland
and the next morning, he sent a dozen red
roses to her classroom. Their first date was
in February 1986, and they were married
eight months later.
His daughter Kirsten Slotten is a senior
vice president with Weber Shandwick,
a public relations and marketing firm,
in San Francisco.
“He wasn’t defined by what happened to
him,” she said, “he never let that impact
how he approached life. He gave his best
at everything he did, whether with the
FCC or raising us. He was very committed
to people.”
His daughter Dr. Chelsi Slotten is
employed by the academic publisher Sage
Publications.
“He was the absolute best dad,” she
said. “He was there for every ballet recital,
riding competition, graduation, help with
homework, answering tax questions as we
got older. He was there to bounce ideas off
of for potential Ph.D. work (he even read
along some of my course books with me so
we could discuss). If we needed something,
he was there for it.”
Saying Goodbye
One of his lifelong friends with whom
he went through basic training with,
Paul Onerheim, believed Slotten’s death
was attributable to his exposure to the
defoliant Agent Orange while serving in
the Army.
“The risk of prostate cancer is almost
doubled for those who served in Vietnam,
including a 75% increase in high-risk,
aggressive forms of the disease,” he noted.
Onerheim felt so strongly, he contacted the
Vietnam Veterans Memorial Fund (VVMF)
organization on behalf of his fallen friend.
In June of 2024, Onerheim and Slotten’s
family had the privilege of seeing him
inducted into the VVMF’s In Memory
Honor Roll program in a ceremony at the
Memorial in Washington, D.C.
“Doug lived a positive, productive life under
circumstances others would say were
difficult,” Onerheim said. “Others in his
situation would have given up 50 years ago.
Not Doug. It was an honor to have been his
friend. Doug was a leader, quietly serving
others. … Rest in peace, my dear friend.
Your work is done.” •
10 IOWA LEDGER 2024 UNIVERSITY OF IOWA TIPPIE COLLEGE OF BUSINESS 11

FEATURE PROFILE
Professional Navigator
Michelle Gall guides the global privacy and responsible AI practices at Booking Holdings
BY • AMANDA MAY
PHOTOS BY • JEFF WILSON
In talking to Michelle Gall (BBA11) about her career in accounting, risk assurance,
privacy, and responsible AI, she dropped no less than 38 acronyms.
You see, there’s a need to abbreviate. She
navigates a complicated financial and legal
world with an ease and speed of mind
reminiscent of the Concord. But to an
outsider, all the acronyms start to sound a
bit like airport codes. SOC-ERP, LAX-JFK.
It certainly fits in with her global career and
personal globe-trotting.
As a child Gall lived in Vancouver,
Melbourne, and Chicago. For her second
date with her future husband, he invited her
to London. They later took their baby to the
Maldives and their toddlers hiking in Costa
Rica. She was just in Bucharest on business.
LEGIT: Her husband, Patrick, is a points/
perks/miles buff and managed to plan them
such a fantastic, discounted honeymoon that
“The Points Guy” featured an article about it.
It was even a study abroad experience in
Swansea, Wales that converted her from
a chemistry major to accounting and
management at the University of Iowa.
“I had some really good business classes in
that exchange program that got me on the
accounting track,” she said. “I came back
and changed my major, became a Business
Student Ambassador, participated in Tippie
Build, and was the president of Beta Alpha
Psi by my junior year.”
FATHERLY ADVICE: “When I was going to
change majors, my dad said, ‘If you're going
to do business, choose accounting. Because if
you can explain financial impact, you can do
anything in business.’”
With a Tippie degree in hand, Gall started
her career with PwC in Seattle and Los
Angeles, working in the digital assurance
space with clients like SpaceX and IPO
readiness for Snapchat.
“I wouldn't be where I am today without my
accounting degree,” she said. “Accounting
was my door into the Big Four and helped
me understand how businesses work.”
Despite starting in a Big Four firm, Gall went
off the beaten path, forgoing the traditional
CPA route to create her own five-year
bespoke career journey within PwC, tying
digital transactions and risk assurance to
financial outcomes.
After a stint with EY and CBIZ in Boston,
her husband got a job offer in Amsterdam.
She searched for and landed a job with
Booking.com on its risk and controls team
abroad, bringing the travel expert angle of
her life full circle.
It’s a perfect place for her, where she
can draw from both her professional and
personal experiences. Growing up, her
dad worked for Motorola, so technology
was always present. In college she worked
the front desk at the Sheraton on the Ped
Mall. Tech and travel might as well be her
middle names.
Booking Holdings owns Kayak, OpenTable,
Agoda, Priceline.com, and its flagship—
$22 billion global revenue generator
Booking.com. She is now Booking
Holdings’ Global Privacy Program Director
in Austin, Texas.
“Today, I work on the legal team, looking
broadly at risk management, not just
financial accounting risk management,” she
said. “One of the things I've done is architect
and build the global privacy program for
Booking Holdings.”
There’s no lack of work. Trust, transparency,
and reputational risk is increasingly
important to companies and, of course, AI is
the current emerging risk—all of which fall
within her purview.
“When ChatGPT was first released, there
was a letter from 40 executives from top
technology firms saying, ‘Let's stop all AI
until we have governance.’ I don't think it
was because we're afraid of AI,” she said. “I
think everyone recognized that this was the
new frontier, but you can't rush into these
things. At Booking Holdings, we’re all about
responsible AI.”
DYK?
Cybersecurity is now a cross-posted elective for accounting majors at the Tippie College of Business.
12 IOWA LEDGER 2024

FEATURE
PROFILE
Part of this is vetting the latest artificial
intelligence technologies for Booking
Holdings to adopt (or not). Right after our
interview, she had a risk assessment meeting
about Zoom’s new AI tools.
Her role also veers into applying the
theoretical and determining the company’s
level of risk tolerance.
“How do you determine what is a risk,
measure how much risk is okay, and what
that means financially? It’s one thing to
have a GPS app that leads you off a road
into a pond and into harm’s way, and it’s
another if a chatbot answers your question
unhelpfully,” she explained. “It requires a
lot of professional patience and guidance to
navigate through.”
While Gall is working risk behind the scenes,
travelers have had to manage their own risk
tolerance during and after the COVID-19
peak. She had a front row seat to the
“revenge travel” phenomenon, when people
started vacationing again after COVID. (Let’s
just say Booking’s stock is strong.)
“We’re still trying to figure out if this is the
‘new normal’ or if travel will return to prepandemic
levels,” she said.
Two more recent trends she’s seen have been
the slowing of Airbnb in the market share
and a move towards luxury.
“Maybe people can’t swing it every day, but
they seem to want a taste of luxury on
vacation,” she said. “Generally speaking, even
with inflation, people will still spend money
on experiences.”
With a husband with countless perks and
rewards up his sleeve, you can find her in
first class. •
airplane
Michelle
TRAVEL TIPS FROM
Insider Intel
While Booking.com isn’t always the
clear online travel agent winner in the
U.S. due to the prevalence of mega
hotel chains like Marriott and Hyatt, if
you are traveling abroad, Booking.com
is second to none for accommodation
inventory (really the basis to its
success). IYKYK
Use Google Flights for
the “discovery phase”
of vacation planning. It helps
you to search what’s possible for
different legs of the trip. (For when you
want first class for the long-haul flight,
but economy is okay for the short
domestic flights to hub airports).
Maximize credit card
points and perks!
Earn points with your credit card
and then convert them to miles with
airlines! Each dollar goes a little bit
farther this way.
Little known, but beloved
experiences in Australia:
She recommends visiting the fairy
penguins on Phillip Island outside of
Melbourne (“They're just the cutest
little things, the size of a chocolate
bunny you would get on Easter.”) and
the mountainside town of Cairns in
the northeast where you can enter the
rainforest, see colorful parrots, and
take the “Puffing Billy” train.
BY • TORY BRECHT
PHOTOS BY • ANDY WAKEMAN
FROM
MASON CITY TO THE
MOTOR CITY
Bill Swift (BBA65) lives for the blue oval
15

Early Beginnings
Hawkeye Connections
Looking a little like Tom Selleck with a dark mustache and mop of chestnut brown hair, Bill Swift posed
with new bride, Mary, in front of his flashy 1955 Ford Thunderbird silver convertible on their big day in 1987.
The couple met at Ford, got married at the
Henry Ford Museum grounds, and retired
from Ford around the same time. The blue
oval has been a constant thread throughout
their lives. To this day, Bill and Mary enjoy
cruising in their classic cars—as well as
Harley-Davidson motorcycles.
Naturally, collector cars are a passion—
one of Swift’s favorites is a muscle-heavy
V-8 1967 Mustang—but despite retiring
two decades ago, he still keeps his eye on
emerging automotive trends.
“I was the first one in town (Traverse City,
Michigan) to get the new all-electric Mach
E Mustang,” Swift said. “Balancing nostalgia
and the future really is inherent to the auto
industry. As a finance guy, all my jobs at
Ford over 36 years were at the center of
supporting these future programs. So, I’m
forever keen on auto history and products,
which got me into the business, but also
excited about emerging technologies.”
Just by working near the famed River Rouge
assembly plant in Dearborn, Michigan, one
couldn’t help but become a car historian,
Swift said. “The history literally surrounds
you—from current facilities to the Henry
Ford Museum and Greenfield Village—plus
fellow employees’ memories.”
Swift, the retired vice president and
controller of Ford Motor Co., admits he's a
company man through-and-through.
“I’m just a big Ford fan to this day,” he said. “I
go to Ford collectors’ events and hang out
with the other guys with white hair who
love old cars.”
Bill Swift started driving cars when he was
just eight years old. It wasn’t unusual in
post-World War II smalltown Iowa.
“It was no big deal, it was just what you did,”
said Swift.
Early familiarity with stick, clutch, brakes,
and tires led to a lifelong love of all things
automobile.
His high school job was washing down
cars on the lot of a local Ford dealer in
Mason City, Iowa. On a trip to Dearborn
to pick up a convertible previously owned
by a friend of his dad's (it would become
the first of Swift's many Fords), he got his
first look at the company's massive River
Rouge Plant.
“It was just huge; one of the most impactful
things I’d seen in my life, and I knew then I
wanted to go work there,” Swift recalled.
He almost missed his chance.
Nearing the end of his senior year in
business school at the University of Iowa,
he knew Ford recruiters were coming to
campus right after spring break. However,
a tornado outbreak on the west side of the
state, including his hometown, forced him
to miss the on-campus interviews.
“I collected a bunch of offers from other
companies, but my heart was still set on
Ford,” Swift said. “Fortunately, late in the
cycle when it seemed like everyone else
had jobs lined up, they called back and
made me an offer.”
Armed with his accounting degree, Swift
joined the massive Ford workforce.
“I started at the lowest rung of the ladder,
junior grade one accountant,” he said. “Back
then it was all paper and pencil and adding
machine stuff. The business was very
segmented, so you were working on some
tiny piece and had no idea how it all fit into
the big picture.”
Ironically, though Ford procured many of
its finance and accounting folks from the
University of Michigan and Michigan State,
it was his Hawkeye ties that gave Swift his
first break.
Still in year one and toiling in relative
obscurity, one day a secretary rang him up
to tell him “Mr. Lundy wants to see you.”
That was J. Edward Lundy (BSC36), an Iowa
alum, Clarion, Iowa native, and executive
vice president of finance at Ford at the time.
16 IOWA LEDGER 2024
UNIVERSITY OF IOWA TIPPIE COLLEGE OF BUSINESS 17

“I raced over to world headquarters, sprinted
up 12 flights of stairs, and found out the
only reason he called was because he
heard I was from Iowa,” Swift chuckled in
remembrance. “He asked where I was from
and whether I was any good. Apparently, he
believed me when I said I was because he
told me ‘In three months we’ll have you out
of accounting and into financial analysis.’”
Lundy—who after graduating from Iowa
was a fellow in economics at Princeton
University and widely credited with
introducing financial forecasting to Ford—
made good on his promise and helped
arrange a promotion.
Swift’s trajectory at Ford continued to
climb. He held a series of positions in the
company’s finance staff until 1977, when
he was awarded a Sloan Fellowship to
Stanford, where he earned a master’s
degree in management. In 1981, he became
assistant controller for product analysis. In
1984, he was promoted to project director
of business strategy in the Corporate
Strategy and Analysis department. In
1999, he was named vice president and
controller of Ford Motor Co.
From that position, he was able to
pay forward the friendly Iowan boost
he received from Lundy to a fellow
Hawkeye alum.
“I was heavily involved in recruiting and at
the time our HR department drew much
of our talent from Michigan and MSU,” he
said. “I told them I wanted to go check out
the MBA program at Iowa. I went and spent
a day, talked to eight or nine folks, and I
realized they were just as good as anyone
from Michigan.”
Two of those initial recruits accepted Ford
jobs and one—John Lawler (MBA90)—is now
Ford’s vice chairman and CFO.
“Once I got to Iowa and started talking to
students and faculty, I thought ‘these guys
are just as good, just as well-trained as UM
graduates.’ I think Dean Amy Kristof-Brown
is probably the best business school dean
in the Big Ten—very creative, forwardthinking,
and approachable. I think the
way she’s driving the college rubs off on
everyone working in that building.” •
trophy
DYK?
Bill Swift is the 2024
Outstanding Accounting
Alum of the Year
18 IOWA LEDGER 2024
UNIVERSITY OF IOWA TIPPIE COLLEGE OF BUSINESS 19

FEATURE
RESEARCH
CEOs taking public positions on hot button issues is nothing new.
Say
Less?
The danger in
CEOs taking sides
BY • TOM SNEE
Ben Cohen and Jerry
Greenfield made it a part of
their namesake ice cream
company’s mission to support
social causes. Apple CEO Tim
Cook has long made public his
support of gay marriage and
advocacy for the children of
undocumented immigrants
who were born in the US.
For the most part, though,
few people cared what a CEO
thought about this or that issue,
or what kinds of policies their
companies had.
But as the country has become
more polarized, CEOs have
found themselves pressured
to take stands on social and
public policy issues, many of
them controversial hot buttons.
Consumers are increasingly
asking leaders to turn their
companies in support of the
environment, immigration,
COVID-19, LGBTQ+ rights, and
race, among others.
Michael Durney, assistant
professor of accounting,
wondered how this CEO
activism affected investor
reactions. How do investors
factor a CEO’s activism into
their decision to buy or sell a
stock? What about (in)activism?
In a new study, Durney and his
research team conducted two
lab experiments to determine
how investors respond to
activist CEOs. They gathered
946 online stock traders and
told them they own stock in a
fictitious telecommunications
company. After reviewing
financial and operational
information about the company,
some of the investors were told
the CEO (whom they blandly
named Roger Smith) has taken
public positions on either gun
control or abortion. Meanwhile,
other investors were told CEO
Smith has taken no position on
controversial issues.
Investors were then asked if
they would like to sell their
shares in the company or buy
more.
The study found that the
CEO’s position significantly
affected investing decisions
even when he was weighing in
on an issue unrelated to firm
fundamentals. Investors who
agreed with the CEO bought
stock and investors who
disagreed with the CEO sold
stock, a result he said is not
surprising in a polarized world.
But what surprised Durney is
that when the CEO took no
position, investors reacted as
positively as they did when
they agreed with him. The
silence prompted investors to
project their own views onto
the CEO, so they believed he
shared their values.
And what happens when a
CEO takes a position based on
a prompt from a third party,
such as a financial analyst
demanding “Smith” give his
position? The results show it
makes no difference.
Durney said the findings show
the danger in CEO activism
because speaking out will
inherently offend a significant
number of potential investors.
Inactivism, on the other hand,
not only offends very few
people, it also seems to give
investors permission to think
the CEO is on their side. •
Average Dollar Amount of Stock Bought or Sold per Investor
$1,600
$1,200
$800
AGREE WITH CEO
$1240
CEO IS SILENT
$1600
$400
0
($400)
($800)
DISAGREE WITH CEO
-$720
20 IOWA LEDGER 2024
UNIVERSITY OF IOWA TIPPIE COLLEGE OF BUSINESS 21

FEATURE PROFILE
Leading the Way
Jennifer and Chad Greenway are doing good up north
BY • TORY BRECHT
Former Iowa athletes Jennifer (BBA05) and
Chad Greenway (BA05) are closing in on their
second decade living in the “Land of 10,000
Lakes,” but they’re still Hawkeyes at heart.
Their Wayzata, Minnesota home is tastefully
decorated with a Tigerhawk here or there, they
agree Floyd of Rosedale belongs in Iowa City, and
the couple shoots hoops with their basketballloving
daughters on a black and gold court when
they have time. Which isn’t all that often.
In addition to raising four daughters, they run
three small businesses, manage their Lead the
Way Foundation, and give their time to charitable
events of all manner.
The Foundation’s programs include an annual
TendHER Heart Luncheon, which honors mothers
of chronically and critically ill children for the
sacrifices they make in caring for their child. In
addition, the Chad’s Locker program provides
technology like gaming consoles and tablets to
children undergoing treatment at nine different
Midwest children’s hospitals, including the
University of Iowa Stead Family Children’s Hospital.
Chad retired from his NFL playing days with the
Minnesota Vikings following the 2016 season,
but given what’s on his plate now, one wonders
if he misses the “lower stress” work tempo of
professional football.
Jennifer reports that running track at Iowa and
balancing her Tippie academic demands helped
teach her how to excel at multitasking.
“Being on a team in college helped me create a
great work ethic and taught me to plan ahead and
prioritize,” she said. “Most importantly, I know how
to put my head down and work hard at something.
I have taken those same things I learned in college
and applied them not only to my job, but instilling
those same lessons in my girls. I think learning to
sacrifice isn’t always a bad thing.”
22 IOWA LEDGER 2024
23

Bonus video interview
Don't miss the glimpse of their
Hawkeye basketball court!
qrco.de/chadandjenni
“We’re raising
the next
generation of
amazing women
who have been
taught their
worth, how to
lead, that they
were born to
change the world,
and that the sky’s
the limit."
ribbon-two
DYK?
The Greenways were awarded
a 2023 Distinguished Alumni
Award for the work they do
through their foundation.
Coming from a farm near Mount Vernon,
South Dakota then playing for the hard-nosed
and disciplined Iowa football program under
Coach Kirk Ferentz instilled similar traits in
Chad. Those traits are just as applicable in the
Twin Cities metro area as they were on the
prairie, he said.
“Growing up on a farm, work ethic comes
natural, and selflessness and teamwork are at
a premium,” he said. “Living in a big city now
just encourages me to spread my small-town
values as much as I can.”
The first Chad’s Locker installation was at
University of Minnesota Amplatz Children’s
Hospital in 2012, but Chad admits there was
something a little extra special about installing
one at Stead in 2018. It’s the same Hawkeye
pride he feels when the 70,000 fans at Kinnick
pause after the first quarter to wave at the
children battling cancer and other pediatric
diseases inside the adjacent hospital.
“The Wave at Kinnick is as special as it gets,”
he said. “When working with kids and families
of sick kiddos, you really want to be authentic
and unique in how you approach them and
their situation. Making them feel special and
thought of is really the biggest difference you
can make. The Wave is incredible and I am so
proud to be a Hawkeye.”
Jennifer’s background in accounting and
finance has helped the couple in both its
business and charitable endeavors, she said.
“I am always applying the concept of how to
raise as much money as possible to do as
much good as possible,” she said. “When I first
graduated, I was a financial analyst and that
comes into play all the time, especially at our
foundation.”
She is excited to see her four daughters—who
excel academically and athletically—carry on
the family tradition.
“We’re raising the next generation of amazing
women who have been taught their worth,
how to lead, that they were born to change the
world, and that the sky’s the limit,” she said. •
In from
the cold?
You know what they say
about the weather in
Minnesota, right? There
are nine months of winter
and three months of bad
skating.
When former Iowa track
star Jennifer Greenway
(née Capista) was anxiously
waiting to find out
where then-fiancée Chad
Greenway was going to
end up playing in the NFL,
she told ESPN she had just
one hope: anywhere south
of Iowa.
Instead, the linebacker
from South Dakota ended
up at the second-most
northern NFL franchise,
the Minnesota Vikings. And
stayed his entire decadelong
career there.
We asked Jennifer if she
has grown to appreciate
the long, dark, cold
Minnesota winters.
“Ha! I have come to terms
with Minnesota weather,
but I won’t live here my
whole life!” she exclaimed.
“The summers are amazing,
and I do appreciate how
Minnesotans embrace the
winters, but I hope to move
south someday. Hopefully,
when our youngest
graduates, we can find a
place in warm weather.”
24 IOWA LEDGER 2024 25

FAMILY Q & A
Inspiring Investors, Leaders, and Dreamers
Q&A with Tiffani Shaw (BBA92), CEO Stead Impact Ventures and Foundation
BY • AMANDA MAY
"Part of my role is as a connector.
We are stronger together and I’m always thinking
about how to bring people together to achieve
shared ambitious goals."
Q
What took you from
accounting to where you
are today?
A | When I started my career, I had a
clear goal—start my journey in public
accounting and end as a partner or CFO.
When I started at RSM McGladrey, one
of the industries I was assigned to was
academia, including the University of Iowa.
Within five years I was offered a position
at the UI Foundation (now the UI Center
for Advancement) and achieved my goal of
being a CFO before the age of 30. Three
things would be key to my success from
that day forward: mentors, curiosity, and a
strategic mindset.
While at the UI Foundation, I had the
opportunity to learn from our board
of directors, 30 of our most talented
alumni and top professionals across
business, investment management, legal,
human resources, and most importantly—
leadership. This helped prepare me to say
yes when opportunities arose to serve in
multiple C-suite positions, to lead strategic
planning at the UI Foundation, and to
serve on the UI president’s strategy team.
It wasn’t always easy, but I realize now it
was those experiences that pushed me to
do more and prepared me for the work I’m
doing today.
At the Foundation, I learned the
importance of educating our next
generation of leaders and of the incredible
research and discovery being done across
the university—and how it all has a big
impact on the world. It made me realize the
importance of working for a larger purpose.
Through my work I found a calling to
have a global impact and improve lives. By
setting this intention, job opportunities
came in, but it was one unexpected
phone call that served as the catalyst that
changed the trajectory of my life—an offer
to partner with my mentor, Jerre Stead.
Q
What is Stead Impact
Ventures and Foundation
doing?
A | Everyone at Iowa knows Jerre and
Mary Joy Stead’s name from the children’s
hospital and all the other areas of the
university the Stead Foundation supports.
Stead Impact Ventures was founded a year
ago as an extension of the foundation’s
commitment to positively affect health and
wellness globally, but through investments
in startups.
We are impact investors focused on making
the world a healthier place, addressing
some of today’s biggest health challenges
by funding brilliant scientists and doctors
studying neurodegenerative disorders,
mental health, and obesity.
It’s through this mix of nonprofit grants,
capital investments, and advocacy that
we feel we can have the biggest impact.
The synergies we have created between
the nonprofits and startups we have
invested in has accelerated their impact
exponentially. We use this multifaceted
approach to break down barriers to
success and get things done faster.
For example, we’re funding breakthrough
developments in Alzheimer’s disease—
from blood tests for early diagnosis to a
preventative vaccine—and a new treatment
for ALS and other neurodegenerative
disorders to reverse these devastating
diseases. We help our companies succeed
by surrounding them with the capital,
C-suite expertise, and strategic partners to
accelerate their growth.
Part of my role is as a connector. We are
stronger together and I’m always thinking
about how to bring people together to
achieve shared ambitious goals.
Q
How can fellow alumni
make a difference?
A | Think big. Your degree is your start.
Ask yourself what kind of impact you want
to have on the world and start putting
yourself out there. I wanted to find a way
to help people in a bigger way but wasn’t
sure how to best contribute. This desire
grew throughout my career, and it drove
me to look at things differently and taught
me to listen for opportunities.
Mentor the next generation of leaders.
I love inspiring the next generation and
helping them think about impact and
making a difference.
Bring industry together. I sit on many
boards, including startups, faith-based
organizations, and in academia, including
Tippie’s Professional Accounting Council
(PAC). Help the for-profit and nonprofit
organizations in your orbit that share a
common mission to work together for a
greater impact.
Trust your journey, realizing every step is
a culmination of where you are meant to
be. Former UI President Sandy Boyd said,
“I believe that others give meaning to life.”
That’s how I feel about giving back—having
a positive effect on others through our
work gives meaning to my life. •
Shaw with Jerre and Mary Joy Stead and
Stead Impact’s Chief Marketing Officer,
Dana Larson, at Kinnick Stadium.
26 IOWA LEDGER 2024
UNIVERSITY OF IOWA TIPPIE COLLEGE OF BUSINESS 27

FAMILY
Wiese Wins Hickerson Recognition Award
FAMILY
ALUMNI NOTES
Hawkeye Pride
BY • RUTH PAARMANN
CONNECT WITH US TippieIowa @TippieCollege @tippiebiz tippie-iowaledger@uiowa.edu
James “Jim” Wiese (BBA58) has exemplified a “can-do”
work ethic throughout a lifetime of service and leadership
with the University of Iowa, most notably for the Iowa Alumni
Association and the Henry B. Tippie College of Business.
After four years as an active accounting
undergraduate and fraternity member,
Wiese began a 34-year career with Arthur
Andersen & Co. in Chicago. Within a few
years, he became one of the youngest
partners in the firm’s history. In 1972,
Wiese transferred to Cleveland, where he
became indispensable as an audit partner
specializing in the manufacturing industry.
Wiese has steadfastly maintained
strong ties with his classmates and the
UI throughout his life. Since 1958, he’s
been an outgoing spokesman for the UI’s
accounting program and the Iowa Alumni
Association. He’s recruited accounting
graduates from Iowa, served on the
Tippie College of Business’ Professional
Accounting Council, and joined the Iowa
Alumni Association board of directors.
Wiese has guided and advised professional
accounting organizations as well as
community nonprofits that support youth,
disability services, and mental health. In
1991, the Tippie Department of Accounting
honored him with its Outstanding
Accounting Alumni of the Year award.
“I can honestly say I know of no one more
deserving of this award,” said Emeritus
Accounting Professor Daniel Collins. “Jim
not only achieved tremendous success
in the business world, but he and his
wife Nancy (BA58), whom he met while
attending the University of Iowa, are the
most loyal and generous supporters of the
University of Iowa I have known over the
years. They bleed black and gold.”
When Wiese retired in 1992, he and his
wife returned to Iowa City, where he
joined the steering committee for what
is now known as the Pappajohn Business
Building. Throughout his life, Wiese has
embodied the motto, “We make a living
by what we get, but we make a life by
what we give.” The Wieses are the proud
parents of four UI graduates, and they
have generously supported Hancher, the
Tippie College of Business, and Hawkeye
Athletics for many years. •
The University of Iowa
Distinguished Alumni Awards
have been given each fall since
1963, lauding Hawkeye luminaries
with the highest alumni honor. The
Distinguished Alumni Hickerson
Recognition Award recognizes
graduates or former students
for outstanding contributions to
their alma mater. This award is
named in honor of the late Loren
Hickerson (BA40), the university’s
first full-time alumni director and
an ardent UI champion.
MARY ANN ALLAN (BBA06) and JAMES ALLAN (BA04) with their children
at a women’s basketball game at Carver-Hawkeye Arena. Mary Ann was
named one of the Corridor Business Journal’s Forty Under 40 for 2023. She
is senior director of financial operations for University of Iowa Health Care.
WE LOVE TO SEE HAWKEYE GEAR
in the wild!
SEND US YOUR PICS:
tippie-iowaledger@uiowa.edu
28 IOWA LEDGER 2024 UNIVERSITY OF IOWA TIPPIE COLLEGE OF BUSINESS 29

FAMILY
ALUMNI NOTES
JOIN OUR LINKEDIN GROUPS! Tippie College of Business University of Iowa Accounting
NICE
WORK!
which quickly became an
Amazon #1 new release
bestseller in the personal
taxes category. Dahm is
the director of TAG Invest in
Urbandale, Iowa.
Herky
ON PARADE
Assistant Professor Mike Durney
and family had fun this year
looking for colorfully painted
Herky statues installed around
Johnson County. The 100
new Herky on Parade statues
celebrate the hawk’s 75th year as
the University of Iowa mascot.
TIM BIGLEY (BBA89) was
promoted to CFO of the Iowa
Farm Bureau Federation
in West Des Moines, Iowa.
He was previously the
organization’s controller.
JORGE J. GARCÍA (BBA94)
is the new CFO of the
Puerto Rico-based banking
company Popular, Inc. He was
previously their corporate
comptroller and CAO.
ELIZABETH KOHLHAAS
(BBA10) is the finance
manager for NA operations
at Corteva Agriscience in
Des Moines, Iowa.
KELLY SCHMIDT (BBA19)
is a senior SAP FICO
consultant at CONTAX, Inc.
in Chicago.
bravo!
AArete was named
one of the World’s
Best Management
Consulting Firms in
2024 by Forbes for
the third consecutive
year. Loren Trimble
(BBA86) is AArete’s
CEO and Maria
Rydberg Turner
(BBA86) is a
managing director.
Both also serve on
Tippie’s Professional
Accounting Council.
DANIEL G. BROWN
(BBA13/MBA23) was
named to the 2024 Corridor
Business Journal Forty
Under 40 list. He is CFO of
Acterra Group in Marion,
Iowa, and an adjunct
instructor at Tippie.
MINDY CAVAN (BBA02)
is the director of risk
management at John Deere
Financial.
SAMUEL CLOUGH (BBA23)
is a staff accountant with
Equity LifeStyle Properties in
Chicago, Ill.
JASEN DAHM (BBA08/
MAC09) published
Nutshells: Planning
Strategies for a Tax-Free,
High-Income Retirement,
WEI DU (BBA12/MAC13)
and her husband, Derek
Brown, welcomed Nathaniel
Wilson Brown on February
20, 2024. He was 9 lb., 14
oz. and 20.5 inches and
surprised his parents by
rolling over at just two weeks
old. Du works in structured
investments for Stone Ridge
Asset management in the
Greater New York City area.
JOEL FERNANDEZ
(BBA19/CER22) is an
audit business analytics
manager for BMO
Financial Group
in Chicago.
“I passed the
CPA exam!”
KEVIN HANSEN (BBA07/
BS07) was named to City
& State magazine’s 2023
“Responsible 100” list, a
selection of individuals
serving the common
good. In addition, he
was recognized on the
magazine’s “Who’s Who
in Government Relations.”
Hansen leads government
affairs and public policy
in New York state at the
renewable energy company
Ørsted.
LINDSEY HARPER
(BBA113/MAC14) had a
son, Noah, on November
29, 2022. She is the VP of
finance, accounting policy at
First Financial Bank in New
York City.
Back “ in Iowa City for
another successful
Meet the Firms night.
I still get chills driving
into this town! I love
this city, and tonight I
loved meeting all of the
young talent interested
in Deloitte. Seeing
some of my former
professors also was a
highlight, even if they
may not remember the
girl who sat in the back
row. We love having
Hawkeyes at Deloitte!”
MALLORY SMITH
(BBA17), Audit &
Assurance Manager,
Deloitte
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
BRANDON MILLER (BBA03) was named the
2024 Tippie Alum of the Year. Miller is a partner
at EY in Des Moines, Iowa.
Recently, “ my wife and I
brought our kids to Iowa City.
The University of Iowa is
special to us not only because
it is where we attended
college, but it’s also where
we met, so we had lots of fun
showing our kids the places
that bring back memories for
us—like the residence hall
where we met as RAs, places
we would study, restaurants
we would go to in the Ped Mall,
and of course, buildings we
had classes in.”
EDITOR’S NOTE: Alumni updates are submitted by alumni
and are not verified by the editor. While we welcome
alumni news, Ledger is not responsible for the information
contained in these submissions.
JOEL PITZ (BBA94) was
named interim CFO of
Principal Financial Group.
He also serves as senior
vice president and controller
for the firm.
STEPHEN POGEMILLER
(BBA83/MA84) has retired
after 10 years as CFO of the
California School Boards
Association. He previously
worked at KPMG in Des
Moines, and 15 years at
Heritage Community Credit
Union in Sacramento,
including more than six
years as its president/CEO.
GREG REIMANN (BBA13)
opened an accounting
firm in North Liberty, Iowa,
after more than a decade
of public and private
accounting experience.
He specializes in CFO-level
insights and strategic
financial guidance for small
businesses.
KATIE SCHUHOW
(BBA05) is a partner at RSM
in Stamford, Conn.
JAMES WESSELS (BBA93/
MBA99) received the
Advisor of the Year, Midwest
Region award at the
inaugural InvestmentNews
Awards in New York City.
Wessels is a partner at
Vision Financial Group.
Congrats to
these alums
who made
partner at PwC
this year!
LIZ ACKLEY (BBA08)
is a partner in the
digital assurance and
transparency/ESG
practice for PwC in its
Austin, Texas office.
BILL PETROU
(BBA09/MAC10)
is partner, ITS
quantitative solutions
with PwC in New York
City. He was previously
director of the same
group, first in Mexico,
then in New York.
LEIGH RUTHERFORD
(BBA08) is a partner
at PwC in its tax
consulting practice
in Denver. She was
previously tax director.
FUN FACTS
In her time at Tippie,
Rutherford was a
TA for Introduction
to Taxation and
interned in the Fraud
& Public Corruption
Department at the
U.S. Attorney’s Office
in DC.
30
UNIVERSITY OF IOWA TIPPIE COLLEGE OF BUSINESS 31

FAMILY
In Memoriam
Valdean C. Lembke
Nov. 21, 1935 – Feb. 27, 2024
William J. Pohlmann
July 19, 1938 – Nov. 23, 2023
John P. Tamisiea
August 21, 1964 – May 26, 2024
Larry V. Wright
Feb. 20, 1940 – Aug. 30, 2024
Valdean (Val) C. Lembke of
McGregor, Iowa, passed away
in February, aged 88. An
emeritus professor, Lembke
was a two-time department
chair and former director of
the Professional Program in
Accounting. Though he officially
retired from Tippie in 2001, he
continued teaching when the
department was short-staffed.
Lembke was the first recipient
of the Gilbert P. Maynard
Excellence in Accounting
Instruction Award, receiving
the honor in 1982. He was also
the author of the well-regarded
textbook Advanced Financial
Accounting.
William J. Pohlmann (BBA60)
of Monroe Township, N.J,
passed away last year at the
age of 85. A career working for
the accounting department of
the New York Central Railroad
was derailed when he was
called up to active duty as
an Army infantry officer less
than a year after graduation.
Pohlmann later worked for
Chase Manhattan Bank, where
he retired as a vice president.
In retirement, Pohlmann served
his community as a village
trustee, deputy mayor, and
fire commissioner.
John P. Tamisiea (BBA87)
of Wilmette, Ill., passed away
at the age of 59 over the
Memorial Day weekend of 2024.
After earning his bachelor’s
degree at Tippie, Tamisiea
attended the University of
Pennsylvania Carey Law School.
He was a partner at the law firm
McDermott Will & Emery in
Chicago since 1990. He was
a dedicated Hawkeye fan, which
his family honored at his funeral
by playing the “Iowa Fight Song”
as his casket was led out of
the church draped in a
Tigerhawk flag.
Larry V. Wright (BBA63) of
Naperville, Ill., passed away
in August, aged 84. Wright
worked for Milbank for four
decades, where he managed,
bought, and sold companies.
Larry and his wife, Lori, were
faithful donors to the Tippie
College of Business, and also
supported The Young Eagles,
an organization that offers
free first flights to children in
hopes of inspiring interest in
becoming pilots, and Angel
Flight/Lifeline, which offers
medical flights to ill children
and their families.
32 IOWA LEDGER 2024
UNIVERSITY OF IOWA TIPPIE COLLEGE OF BUSINESS 33

Department of Accounting
108 John Pappajohn Business Bldg.
Iowa City, IA 52242-1994
Redefining Heroism
Doug Slotten (BBA69)’s story is one of resolve and courage,
resilience and positivity… some might even say the Hawkeye spirit.
pg 8
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