In this issue:


D.C. Club Kickoff
tsunami relief

The Johnson School Club of D.C. welcomed Dean Robert Swieringa as the special guest at the club’s May 10 kickoff event at the Metropolitan Club, where they were sponsored by Jim Rowan, MBA ’72. Dean Swieringa and Alumni Director Risa Mish presented a new club banner to the members of the board, Deepesh Jain, MBA ’02, Chris Callieri, MBA ’01, Alison Reichert, MBA ’04, and Claudia Segura, MBA ’95.


Useful links: Johnson Alumni Connection
Johnson Alumni Web Pages
Cornell Alumni Directory
CEN
Regional Cornell Alumni Clubs
Johnson School Corporate Partners

Print Instructions
Under your file menu, choose print. In the print window, find and select landscape orientation (should be under options, layout, or preferences). This will not change your default printer settings.


Director’s message: Farewell and thank you

What a privilege it has been to serve as the director of the Johnson School Alumni Relations program these past two and a half years. I am very proud of what we have accomplished together to enhance the opportunities for graduates of this wonderful school to connect with each other, and with members of the Johnson School and Cornell University communities, including current students, faculty, and staff. I leave now with a better understanding of the value of an MBA education, and with the highest possible regard for the Johnson School's mission, and its many achievements.

When I first arrived at the Johnson School in January of 2001, I announced three main priorities for the Alumni Office: (1) improving the state of the Johnson Alumni Connection (JAC), our alumni database; (2) expanding the Johnson School Regional Club network; and (3) improving and expanding the Johnson School Reunion program. I am pleased by the progress that has occurred in these important areas. We have updated over 5,000 entries in JAC; we have expanded the Regional Club Network from two to 16 clubs, and expanded the events that our clubs and Alumni Office sponsor and/or co-sponsor by over 500 percent; and we have consistently increased both the breadth and depth of Reunion program content, and the numbers of alumni, faculty, students, and staff participating in Reunion.

None of this would have been possible without the generous support that our office has received from Johnson School alumni, students, faculty, and administrators. While it would be difficult to list individually all of the Johnson School Alumni Program Heroes to whom I feel so much gratitude, here are a few standouts to whom all of us owe a great deal of thanks. Please know that every person mentioned here represents dozens of others who worked alongside them and made the growth of this program possible:

Good luck and Godspeed, Johnson School community. I very much hope that we will stay in touch.

Sincerely,

Risa M. Mish '85, JD '88, Director, Alumni Relations

Risa's signature
Risa M. Mish '85, JD '88
Director, Alumni Relations

rmm22@cornell.edu





Johnson School seeks director of alumni relations!

The director is responsible for developing, marketing and implementing a cultivation program for Johnson School alumni that enhances engagement with the Johnson School and Cornell University. The Director is further responsible for overall administration of alumni class and club activities, and regional programs, including international alumni events. Duties will include creating outreach, by strategically planning, marketing and managing on- and off-campus programs and events in order to forge stronger ties between the Johnson School/Cornell University and alumni; recruiting, managing and supporting alumni volunteer leaders; recruiting speakers, and promoting events; conducting individual visits with alumni in conjunction with travel in support of alumni events; in conjunction with The Marketing Department, coordinate a wide variety of communications efforts including direct mail, electronic mail, and Web interfaces, as well as contributing to the Cornell Enterprise Magazine; identifying, recruiting And supporting volunteer leaders for clubs in the Johnson Regional Alumni Club Network, including the European Alumni Board; identify opportunities for New regional clubs, particularly in underserved regions, and identify and Recruit liaisons/participants in the Alumni Association that are currently without Johnson School alumni representation; and work closely with the Corporate Relations Team to identify and recruit alumni participants in initiatives organized by Corporate Relations, including Admissions, the Career Management Center, and Office of Diversity and Inclusion.

Bachelor’s degree or equivalent. An MBA is highly preferred. This position requires the incumbent to interact knowledgeably with alumni executives who are in high positions in commerce, industry, and government. A concentration in marketing with some training in operations/logistics is also desirable. A minimum of 5 -7 years of relevant full-time work experience is required in public affairs, academic administration, marketing, or events management. Necessary skills include the ability to: handle multiple tasks of a time-sensitive nature efficiently; understand how to market an idea or activity; manage multiple budgets; supervise both salaried staff and volunteers; communicate effectively orally and in writing; manage complex, lengthy events; demonstrate an enthusiastic nature; plan strategically but keep track of all details; exercise a high degree of discretion in dealing with confidential information. Experience should include: managing large projects independently with responsibility for financial and non-financial outcomes; supervision of professional as well as support staff; work with independent contractors including as contract negotiation.

Cornell University is an equal opportunity, affirmative action educator and employer. If you are interested, the posting number is 03811 and please go to the following web site and input your information: http://www.ohr.cornell.edu/jobs/index.html

Congratulations to Professor Seymour Smidt on his retirement

Ann FudgeAfter nearly a half-century (49 years, to be exact) at Cornell, Professor Seymour Smidt is heading for a well-deserved retirement. The Nicholas H. Noyes Professor of Economics and Finance since 1978 and director of the Leadership Skills Program (LSP) for over a decade, Smidt has become known as a trailblazer in his field. “He has the uncanny ability to see around the corners of finance and has made substantial contributions to the field – he has insights we mere mortals are still trying to get into focus,” said Professor Jerry Hass about Smidt, whose interests are in finance, managerial economics and market microstructure, and who co-authored textbooks on capital budgeting, corporate finance, and statistical decision theory. Echoes Professor Hal Bierman: “Sy needs to be working with colleagues that are comparable intellectually with him, otherwise one might find it difficult to understand the point he is making.”

In addition to being an influential academic, Smidt has been an active practitioner in his field: He served as chief of party to the Johnson School’s project at Middle East Technical University (Ankara), and was associate director of the Securities and Exchange Commission’s Institutional Investor Study.

He’s been an administrative mover and shaker as well: “In 1960 he insisted that the school needed a dean of the highest quality intellect and helped us have Bill Carmichael installed as dean,” points out Professor Hal Bierman. “This was the foundation for the school’s rapid future improvements.” In 1993-1995, in addition, Smidt was founding dean of the School of Business at Koç University (Istanbul), where his legacy is nothing short of legendary. “He laid the academic cornerstone for what has become one of the best universities in Eurasia, much the same way Cornell professors a century ago helped Stanford get started,” said Hass. “The folks at KOÇ are truly grateful for his contribution to their success.”

Although Smidt was notably approachable even in this lofty capacity, added Hass, “when his larger-than-life-sized portrait is hanging in the hall outside the dean’s office, as it has since he returned to Cornell, I get the urge to genuflect when I walk by.”

“Professor Smidt is part of a core group of faculty who have for years set the tone for civility and also the standard for academics at the Johnson School,” said longtime colleague Charlotte Wright Mosher, assistant director, LSP “He is a pure academic who inherently understands the importance of education, courtesy, and integrity as a package.” Added Hass, “The often-used phrase, ‘a gentleman and a scholar,’ truly applies to Sy.” Smidt, who first signed on to Cornell as an associate professor in 1956, holds his AB, MA, and PhD degrees from the University of Chicago.

Alumnus seeks 9/11 e-mails for upcoming book

E-mail is a great and quick way to keep in touch. But after 9/11, what was once a somewhat lazy and informal medium became our lightning-speed voice that, even as cell phones and long distance lines were down, worked. It was cheap, efficient, and, in the wake of 9/11, hugely democratic, allowing us to share stories at the touch of a key. Author Cyrus Copeland, MBA ’90, is editing E-Clips: A Digital Diary of 9/11, a collection of e-mail coming out of that seminal date. Escape stories, fireman narratives, letters and poems, dark humor, political diatribes, personal notes. If you have a particularly compelling 9/11 e-mail, please send it along to Mr. Copeland at: cyrus2000@earthlink.net. Contributors will receive a copy upon publication, which is anticipated to be on the fifth anniversary of the September 11 tragedy.

New JS Outfitters merchandise available

The new Johnson School Outfitters merchandise is now available at Sage Hall and through the Cornell Campus Store web site. New items include logo T-shirts and sweatshirts in all sizes, steel travel mugs, and gift pens.

Fifth annual BGBA symposium in October

Save the date for the fifth annual professional development symposium sponsored by the Black Graduate Business Association (BGBA) will be held Friday, October 28, at the Statler Hotel on the Cornell campus. This year’s topic is “Capital Gains: The Role of Business in Closing the Wealth Gap in America” and will cover the present state of affairs in business in America, the economic impact of business decisions on the community at large, and the social responsibility of corporations today.

Charity auction raises over $11,000

Congratulations to Johnson School faculty, staff, students, and clubs for making the fifth annual charity auction a success! Recipients of the auction proceeds are the Community Foundation of Tompkins County for a challenge grant to help them launch a marketing campaign; Tompkins County Community Action for a grant to help their good work in alleviating poverty & running Head Start; and a first-year student who will spend the summer interning at a non-profit organization. Thank you to all who participated.

Volunteer spotlight

Jeffrey F. Berg ’79, MEng ’80, MBA ’81Jeffrey F. Berg ’79, MEng ’80, MBA ’81, has been a power volunteer for the Johnson School and Cornell for many years. Recently elected to the Cornell University Board of Trustees, he’s been on the Johnson School Advisory Council since 2000 and the CAU Advisory Council since 2004, as well as on the NY Tower Club committee since 1995. He has also served as president of the Class of ’79 since 1999, and has played key roles on the Major Gifts Committee, the Cornell University Council, the Administrative Board, and the Tech Transfer Committee. Berg, who also has been a guest lecturer at the Johnson School and the College of Engineering since 2000, recently retired as director of consulting operations for Pittiglio Rabin Todd & McGrath. In his nearly quarter century with the firm, he was heavily involved in operational systems for a wide range of technology-based clients, and started up and built PRTM’s consulting practices in the United Kingdom and Europe. Previous corporate experience included working for Xerox Corp., Andersen Consulting, and the DuPont Co. He is an active volunteer in his community as well, serving as finance chair, Westchester-Putnam Council, for the Boy Scouts; a trustee of the Jewish Family Congregation; and a coach for Lewisboro Soccer. He is married to Debra Paget, and the Johnson School’s Business Simulation Laboratory is named for the couple.

Featured alumni

Kevin Malchoff, MBA '75

Kevin Malchoff, MBA '75 , is U.S./Canada group president for Rich Products Corporation - one of the largest family-owned diversified food manufacturers in North America, with $2 billion in annual sales and more than 6,500 associates worldwide. In addition to serving as president of Rich's $1 billion North American business, Malchoff is also a participating member of the company's Executive Leadership Team, which sets overall strategic direction, monitors financial performance and stimulates organizational development of the Rich Products' food businesses. He joined Rich Products in 1981 as group product manager in the Bakery Food Service Division. Prior to joining Rich Products, he worked at General Foods Corporation.

Malchoff is a past recipient of the International Foodservice Manufacturers Association (IFMA) Presidents' Award (1996) and the IFMA Key Person Award (1999), given annually to an individual who has made outstanding contributions to forward IFMA's long-term growth. He received the North America Association of Food Service Equipment Manufacturers Doctorate of Foodservice Award in 2003. An active ambassador for Cornell, Malchoff serves as a member of the Cornell University Council, the Undergraduate Business Program Campaign Committee, the Advisory Board of the Food Industry Management Program in the department of Applied Economics and Management - where he returns frequently to guest lecture -- and the Buffalo Tower Club Committee, and he has hosted a number of scholarship events at Rich's on behalf of the Cornell Club of Greater Buffalo. In addition, Malchoff is active with the Hamburg United Methodist Church, where he serves on the Finance Committee. Said Malchoff of his Johnson School education, "The MBA I earned from the Johnson School armed me with an impressively broad base of business skills. I remember Professor Vithala Rao saying, 'You don't have to know everything, but you need to know who to go to in order to get the answers, and you need to be able to speak their language.' I took his advice to heart and even as I was just starting my career, I found I could talk intelligently about the impact of marketing and sales, finance, logistics or manufacturing on business results."

Dan Hesse, MBA ’77

Dan Hesse, MBA ’77, was recently named chief executive officer of Sprint's Local Telecommunications Division, which following Sprint's expected merger with Nextel this year, will be spun off to create an independent Fortune 300-plus company. Hesse is designated to be the CEO of the new company which will have operations in 18 states and have approximately 20,000 employees.

Hesse, 51, has spent more than 27 years in the telecommunications industry including 23 years at AT&T, where he served as president and chief executive officer of AT&T Wireless Services from 1997-2000. He was most recently chairman, president, and chief executive officer of Terabeam Corp., a Seattle-based telecommunications company specializing in leading-edge wireless technologies. He currently serves on the boards of directors of Nokia and the VF Corporation.


Gaye Symington, MBA ’83

Gaye Symington, MBA ’83, was elected Speaker of the Vermont House of Representatives in January at the start of her fifth term as a state representative. Symington was first elected to the legislature in 1996 and served for three terms as a member of the Ways and Means Committee. In her fourth term she was elected by the Democratic caucus to the position of Democratic Leader in the House. When the legislature is not in session Symington is Development Director for the Intervale Foundation, a non-profit organization that runs various agriculture based ventures and research programs in Burlington, Vermont. She has also served as financial manager for other non-profit organizations that operate business enterprises, the National Gardening Association in Burlington and Challenge Industries in Ithaca. Prior to business school she started and operated a small whole grain bakery in Princeton, New Jersey. Symington lives in Jericho, Vermont, with her husband, Chuck Lacy, and their three children, Tom (11), Mary (14) and Sam (16) Lacy.

David Ryder, MBA '01

David Ryder, MBA '01, was named a partner and Special Situations Fund portfolio manager at Kellner DiLeo Cohen & Co. LLC, a market-neutral investment management firm that serves institutional investors and high net worth individuals. The firm uses four investment strategies -- special situations, distressed and high income, merger arbitrage and convertible arbitrage -- to attain solid returns with a low risk profile. Ryder joined Kellner DiLeo & Cohen as an analyst in 2001, and has been actively involved with the Special Situations portfolio since its inception in 2002. Before KDC, Ryder worked as a research analyst for Windermere Investment Associates.




Recent Media Hits

Our faculty and alumni have been cited in many media outlets around the world in the past few weeks. Professors Frank, O’Hara, Nelson, Russo, Swamination, Grinstein, Rao, Weinbaum, Bailey and various alumni have found their way onto the pages of some of the best read papers and magazines and radio programs. The Al Franken Show, The Wall Street Journal, The New York Times, National Public Radio, Newsweek, Fast Company, the St. Louis Dispatch and others have included comments or research from our accomplished faculty.

For more Johnson School media hits, see Johnson School in the News.