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May 16, 2003

This is an archived version of the bimonthly e-newsletter for the Global Blue Community of the University of Michigan Business School. Published by UMBS Alumni Relations.

In this issue:

Featured Stories
Business School Faculty Awards Recognize Research, Teaching and Service
Tozzi Center to Bring World to Ann Arbor
Student Class Gifts to Support Study Rooms, Lectures
Networking With a New Twist Pays Off:  Reciprocity Ring Solves Problems Via Social Relationships

Alumni in the News
David Kaplan (BBA '89) Joins Ares Management, L.P. as Senior Partner

Business School/U-M News
New Opportunity for Women Michigan Business Students - Women's Leadership Council Scholarship
New Managing Director Joins The Samuel Zell & Robert H. Lurie Institute For Entrepreneurial Studies
Get Ready for Reunion 2003!
New Video Streaming Library Available Online
UMBS Club of Denver Hosts New Admits
Have Your Hiring Needs Changed?  Michigan Students and Alumni are Available!

Alumni Events & Activities (Business School and U-M)
Ann Arbor/Detroit, MIAtlanta, GAFrankfurt, GermanyLondon, EnglandLos Angeles, CAMilwaukee, WINew York, NYSan Francisco Bay Area, CA Seattle, WA ▪  Shanghai, ChinaWashington, DCZürich, Switzerland

Lifelong Learning
Upcoming Programs Available from Executive Education

Alumni Career Services
Moody's Investors Service, VP/Senior Analyst
America West Airlines, Manager - National Sales

UMBS Marketplace Sale!!

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Featured Stories

Business School Faculty Awards Recognize Research, Teaching and Service

(Excerpts taken from the Michigan Business School website at

Thirteen faculty members were honored for research, teaching and service at the Business School's May 2 faculty awards ceremony.

Andrew Lawlor, director of the Global MBA projects at the Business School and the William Davidson Institute, was named the first recipient of the Andy Andrews Distinguished Faculty Service Award. The award was created in memory of Richard W. (Andy) Andrews, associate professor of statistics, who died on May 29, 2002. Elizabeth Andrews was present for the inaugural presentation of the award in her husband's honor.

In presenting the award, Dean Robert J. Dolan noted that Lawlor, a lecturer in Corporate Strategy and International Business for 20 years, has led Global MBA projects since 1994. Lawlor also manages the International Multidisciplinary Action Projects and teaches MBA entrepreneurship courses.

  Elizabeth Andrews and Andy Lawlor

“Andy is an outstanding example of inexhaustible dedication to our programs, combined with that engaging human touch with students and business leaders that was so evident in his friend and colleague, Andy Andrews,” Dean Dolan said.

Other faculty members honored:

  • George D. Cameron, professor of business law, received the Victor L. Bernard Teaching Leadership Award, which recognizes teaching, work with students and colleagues and course design. Dolan noted Cameron’s outstanding contributions to the business law curriculum for BBA and MBA students, his service and the many teaching awards he won. One of his courses was recognized as the University’s outstanding undergraduate course in 1998.
  • Reuven Lehavy, assistant professor of accounting, was named the Bank One Corporation Assistant Professor in Business Administration. The one-year appointment recognizes promising non-tenured faculty. “His research is having a significant impact on our understanding of the role of analysts’ forecasts in the determination of stock prices and returns,” Dolan said.
  • Jeffrey Sanchez-Burks, assistant professor of organizational behavior and human resource management, was named the Sanford R. Robertson Assistant Professor of Business Administration. The one-year named professorship recognizes early career achievement. Dolan said of Sanchez-Burks: “He is highly ambitious in his research agenda and is making substantial contributions to understanding cross-cultural differences in management, which is highly relevant to the practice of global and multicultural management.”
  • Gerald Davis, professor of organizational behavior and human resource management, was named the Sparks Whirlpool Corporation Research Professor, established in honor of Jack D. Sparks, former chairman, president and CEO of Whirlpool Corporation. Davis has provided intellectual leadership in research focusing on how social and political structures are transforming large American corporations, Dolan noted.
  • Eugene A. Imhoff, the Ernst & Young Professor of Accounting, was presented the Contribution to the Research Environment Award for his contributions to the school’s research environment. Dolan credited Imhoff for being the “driving force behind establishing the Business School accounting area as one of the outstanding groups in this country.”
  • Jane E. Dutton, the William Russell Kelly Professor of Business Administration, received the Researcher of the Year Award for research contributions made in the last three years and the scholarly significance of her publications. Dutton helped pioneer Positive Organization Scholarship, a new approach to understanding exceptional performance in organizations. “Professor Dutton exemplifies something we would like to see in all senior faculty members: a passion for research that does not dim with time, but continues to inspire colleagues and students alike,” Dolan said.
  • Gautam Kaul, the John C. and Sally S. Morley Professor of Finance, received the Senior Faculty Research Award for “sustained exceptional and continuing contributions to scholarly research in the field of business and noteworthy contributions to building and maintaining a strong research environment in the school.” He is a leading researcher in finance, particularly in asset pricing.

Also recognized were winners of teaching awards, which were voted by students and presented at commencement:

  • Anjan Thakor, the Edward J. Frey Professor of Banking and Finance and professor of finance (PhD award)
  • Izak Duenyas, associate dean for faculty development, the John Psarouthakis Professor of Manufacturing Management and professor of operations management (Executive MBA award)
  • Gautam Ahuja, the Michael R. and Mary Kay Hallman Fellow and co-chair and associate professor of corporate strategy and international business (MBA award)
  • Michael Jensen, assistant professor of corporate strategy and international business (BBA award)

In addition, James R. Taylor, professor of marketing, was granted emeritus status by the University of Michigan Regents.

Tozzi Center to Bring World to Ann Arbor

(Excerpts taken from the Michigan Business School website at

  The University of Michigan Business School recently celebrated the opening of the John R. and Georgene M. Tozzi Electronic Business and Finance Center (Tozzi Center) and announced a partnership with Bloomberg LP that will create the largest Bloomberg Product Certification program in a university setting.

The $2 million Tozzi Center is a state-of-the-art learning facility that uses wireless technology to support action-based learning. The 5,800-square-foot building includes a new financial analysis and trading floor classroom, a flexible and wireless electronic classroom and an E-lab seminar room. It is equipped with the latest in live financial data feeds, information services, research tools and trading tools to allow students to experience the look and feel of a trading floor environment.

According to Robert J. Dolan, dean of the Michigan Business School, the Tozzi Center underscores the competitive advantage Michigan offers its students over their peers.

“Michigan’s commitment to action-based learning develops leadership and analytical skills that only practical experience can provide,” said Dolan. “By creating advanced tools like the Tozzi Center that mirror real-world situations we are able to put practice into the curriculum and create a richer learning experience for students.”

Tozzi Center benefactor John R. Tozzi, president and CEO of Cambridge Investments Ltd. and a Michigan MBA graduate with distinction (1967), points to the Center as a significant way Michigan executes its approach to action-based learning for finance students by providing hands-on applications and teaching tools.

“During my time as a student at Michigan, hands-on learning consisted of the pay phone we used to conduct our first stock trades,” said Tozzi. “But today’s Michigan graduates will enter the marketplace armed with a considerable experience base that will be a model for business schools around the world.”

For the full story, visit

Student Class Gifts to Support Study Rooms, Lectures

(Excerpts taken from the Michigan Business School website at

Bidding farewell to classmates and faculty, members of the Business School graduating Class of 2003 left a generous parting gift: a record $547,372 in donations and pledges.

Students in the MBA, MAcc and BBA programs set an all-time record, raising $272,372 in individual pledges, matching gifts and Alumni Challenge matching funds through the annual Class Gift Campaign. Teresa Chen (MAcc ’03), Andrea Towne (BBA ’03), Amy Flink (BBA ’03), Mark Anderson (MAcc ’03), Brian Pabvona (MAcc ’03), Shayne Eyre (MBA ’03), Daryl Leach (MBA ’03) and Shawna Mehta (MBA ’03) presented the gift check to Dean Robert J. Dolan.

Former Student Government Association President Daryl Leach noted the high participation rate: 92 percent of MBAs, 83 percent of the MAcc class, and 38 percent of the BBAs pledged their support over the next two years. Students elected to contribute to study rooms and the Dean’s Annual Fund.

The 63 members of the school’s first Executive MBA class introduced an element of surprise to the pre-commencement festivities as they collected their final pledges only moments before the gift was announced. The Executive MBAs’ two-day fundraising campaign yielded pledges totaling $275,000 to support an Executive MBA lecture series.

Class Gift Campaign leaders were:

BBA - Amy Flink and Andrea Towne
MBA - Shayne Eyre, Daryl Leach and Shawna Mehta
MAcc - Mark Anderson, Teresa Chen and Brian Pavona
Executive MBA - Dan Busch, Mike Cicchella, Mike Green, Dan Maier, Phil Ollila, Ellen (Nan) Plummer, Laurence Saul and Dan Turney

Thanking the students, Dolan said their generosity signals students’ continuing commitment to the school.

Networking With a New Twist Pays Off:  Reciprocity Ring Solves Problems Via Social Relationships

(Excerpts taken from the May 7, 2003 issue of The Detroit News at  Article written by Eric Pope, special to The Detroit News.)

It was the kind of happy coincidence that the Reciprocity Ring creates.

As part of a course he teaches at the University of Michigan Business School, professor Wayne Baker had his class of executive MBA students ask each other for assistance in their personal lives.

Ed Kuzniarski, a service manager at the Detroit office of Emerson Process Management Inc., was asked by a classmate moving to Montreal for help finding a German tutor for his son.

Kuzniarski thought of his wife's friend at McGill University. A few phone calls quickly lined up a highly qualified German instructor in his classmate's new neighborhood.

Another Reciprocity Ring exercise for business-related requests provided Kuzniarski with valuable help and more information about his classmates.

"I can see how this would have saved a lot of time and money when I worked for Westinghouse in Europe," Kuzniarski said. "It's a great way to communicate."

The Reciprocity Ring, a concept Baker developed, is designed to solve problems by tapping into social capital - the potential value of an individual's relationships with other people.

Research by sociologists, political scientists and economists in the past five years has demonstrated the benefits of the idea, first discussed in the 1920s, according to Baker.

One of the main concepts of the Reciprocity Ring is that that the person you help is rarely the person who helps you. In a business setting, the process enables people to learn more about their co-worker's capabilities.

"There's a higher level of discovery and disclosure that elevates trust," Baker said.

For the full article, visit

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Alumni in the News

David Kaplan (BBA '89) Joins Ares Management, L.P. as a Senior Partner

  David Kaplan recently made a career change by joining Ares Management, L.P. as a Senior Partner.  Areas has approximately $3.5 billion of assets under management including private equity, leveraged bank loans and high yield debt.  The company is in the process of completing fundraising for the Ares Corporate Opportunities Fund (ACOF), which focuses on injecting private equity and junior capital into companies that employ financial leverage.  ACOF has had a first closing, has committed to three new investments and is actively looking at new opportunities.

Previously, David was a Senior Partner at Shelter Capital Partners, LLC, a private equity firm based in Los Angeles, California.

David currently serves on the board of directors of several companies including WMC Finance, Zucotto Wireless and Mobileum Inc. David also served on several other public and private company boards, including Allied Waste Industries and Dominick’s Supermarkets, Inc.

In addition to his business activities, David serves on the Board of Governors of Cedars-Sinai Hospital in Los Angeles, the Alumni Board of Governors of the University of Michigan Business School and the Board of Trustees of the Center for Early Education in Los Angeles.

David graduated with High Distinction, Beta Gamma Sigma from the University of Michigan Business School with a BBA concentration in finance.

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Business School/U-M News

New Opportunity for Women Michigan Business Students - Women's Leadership Council Scholarship

The Women’s Leadership Council, the first organization of its kind at a leading business school, brings together women business leaders who represent the diversity of the exemplary women associated with the Michigan Business School. Council members are in the process of forging an exciting new opportunity for women in the School - the Women’s Leadership Council Scholarship. This endowed scholarship for women is funded though the generous contributions of dedicated Council members (many of whom are your fellow alumnae) and several major corporations. These pioneers, through their commitment and support, represent a legacy of achievement - their efforts will continue to inspire women in the pursuit of a Michigan MBA and significant leadership roles in business.

Two contributing companies voice their support and enthusiasm:

“A.T. Kearney applauds the initiatives of the University of Michigan Business School in promoting women MBA candidates. This commitment to higher education for women will help insure a future of diverse, talented business leaders.”

“The Women in Leadership Scholarship provides critical support for women who aspire to become great leaders. Our contributions reflect our desire to support women in realizing their full potential.” - American Express Company

Look soon for our print piece chronicling the efforts of these women. Please join us in celebrating their vision and generosity.

For more information about the Women in Business Initiative, please visit our website at

New Managing Director Joins The Samuel Zell & Robert H. Lurie Institute For Entrepreneurial Studies

Tim Faley will join the Samuel Zell & Robert H. Lurie Institute For Entrepreneurial Studies as its Managing Director, effective July 1, 2003. Most recently, Dr. Faley coordinated technology transfer activities as the Director of Technology Transfer and Commercialization within the University of Michigan's College of Engineering, where he marketed research products to industry and created start-up companies based on the College's research and technologies. Prior to coming to the University, Dr. Faley spent seven years at Dow Chemical Company, where he focused on technology transfer and new business development and served as the financial officer of Dow's Technology Licensing business, dealing with licensing, JVs and alliances. Preceding his career at Dow, he worked on the faculty of North Carolina A&T University, where students twice selected him as the outstanding chemical engineering professor. Dr. Faley earned his Ph.D. and MS in chemical engineering from the University of Notre Dame, an MBA from Northwood University, and a BS in chemical engineering from the University of Illinois at Urbana.

Tim Petersen will be leaving his position as Managing Director of the Institute, for Arboretum Ventures, where he will serve as a Managing Partner. Headquartered in Ann Arbor, Arboretum is a seed and early-stage investor focusing on the life sciences sector, particularly targeting promising opportunities in the Midwest.

Get Ready for Reunion 2003!


Attention Classes of 2002, 1998, 1993, 1983, 1978, 1963 and 1953,

We are creating a Class Memory Book specifically for your class and are inviting everyone to participate! Earlier this spring, you should have received a Reunion mailing. In it is a special page for you to share your memories, updates and photos! Simply return this page to Alumni Relations or share your updates online at The online version of the book will be available for you in October and the book itself will be distributed during Reunion Weekend!

We look forward to hearing from you by May 30!


Congratulations to Eleanor Sachs (BBA ’53), the winner of four free football tickets to the October 18, 2003 Homecoming game against Illinois! A member of the 50th Anniversary Reunion Class, Eleanor responded to “the red sticker call for alumni email addresses” on the envelope of her Reunion mailing.

Keep your eyes open…another drawing for football tickets will be launched in June when the Reunion invitations will be mailed!

New Video Streaming Library Available Online

As part of the Business School website redesign, IT has created an online space to house videotaped Business School presentations that have been streamed for web viewing by our remote community.  In this way, alumni do not have the be present in Ann Arbor to gain the benefit of high-profile speakers such as Madeleine Albright, C.K. Prahalad and Dean Robert J. Dolan.

Presentations available online include:

  • "The Emerging Competitive Landscape: Our Need to Build New Capabilities," presented by C.K. Prahalad, Dean Dolan and Wayne Brockbank.
  • "Korea: Issues and Prospects" presented by the William Davidson Institute.
  • 2002 McInally Lecture presented by former Business School Dean Joe White.
  • Rob Pasick's LeadersConnect series featuring Michigan Management Book Series authors and other business leaders.

To view these video streamed presentations, and many others, please visit the Video Streaming Library at

UMBS Club of Denver Hosts New Admits

Alumni Board of Governors members Jane Okun (MBA ’89) and Marci Carris (BBA ’78, MBA ’83) organized a welcome reception in Denver this spring for students admitted to the Class of 2005. According to Jane, president of the UMBS Club of Denver, “The event was a HUGE success! We had quite a few of the local admits, about 10 current students who flew in from Ann Arbor, and a large group of alums. [An executive recruiter] came to speak to the group about the Denver job market and how to look for a job. I got incredible feedback on her presentation and on the event in general. … It was by far the best event we’ve had in Denver!”

During the past two years, the UMBS Club of Denver has become an excellent networking resource for Michigan Business alumni and students. In 2002-03, the Club has invited alumni to sample Colorado’s finest during a tour of the Coors Brewery in Golden, network with alumni from Michigan and Thunderbird over Ethiopian food at the Nyala Café, and attend several events sponsored by the Denver Business Series (DBS), a consortium of alumni from top business schools, of which Michigan is a member.

Have Your Hiring Needs Changed?  Michigan Students and Alumni are Available!

If your company has a need for top-tier Michigan talent, please contact the Office of Career Development at 734.764.1372 or We are happy to send you a Spring Resume Book that includes resumes of those students, first- and second-year, undergraduate and graduate, who are still engaged in a job search. Just let us know the program, year, and functional area (e.g., marketing, corporate finance) that best matches your hiring needs, and we'll e-mail the resumes to you!

Online registration for Fall 2003 and Winter 2004 is now in full swing. Visit to request interview and presentation dates.

Remember, you can always submit a posting to iMpacts's online job board, accessible by current students and alumni: Thank you!

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Alumni Events & Activities

The following is a partial listing of Michigan Business School (and some U-M) alumni club events, local business events and University programs and activities of potential interest to Business School alumni. Most Business School events are open to alumni, prospective/admitted/current students, faculty, and staff. If you are interested in more information about a particular event, please get in touch with the event contact or with Alumni Relations at

For a full calendar of Business School alumni club events and information about Business School alumni clubs, visit the Business School's Alumni Relations website at Information regarding U-M alumni clubs and events can be found on the U-M Alumni Association website at

Ann Arbor/Detroit, MI

Sunday Brunch for the UMBS Alumni Women of Detroit (May 18)
It's time for the ladies to mingle! Announcing-Sunday Brunch for the University of Michigan Business School
Alumni Women of Detroit. This event will began at 1:00 p.m. at Fox Hills Golf Cource, 8768 N. Territorial Road.

The cost is $20 and includes brunch, tax and tip.  For more information, contact Tina Robinson,

"Customer Management in a Wired World" presented by MSED (May 20)
Marketing and Sales Executives of Detroit (MSED) is hosting a panel discussion on "Customer Management in a Wired World." This event will begin at 7:30 a.m. at Compuware World Headquarters in Farmington Hills. Compuware will furnish the breakfast.

The cost is $50 for non-MESD Members. The proceeds from this event will benefit the MESD Scholarship fund and Junior Achievement. For more information, visit or contact the event coordinator at 248.643.6590.

LeadersConnect Series Presents Phil Lynch, CEO, Reuters America, NYC (June 3)
The University of Michigan Business School and The Ann Arbor IT Zone invite you to attend a monthly learning and networking event, LeadersConnect, featuring the Michigan Pressing Problems Book Series.

This session, entitled "Leading at a Time of Crisis: Lessons Learned from September 11," will be presented by Phil Lynch, CEO, Reuters America, NYC.  The session will be held on Tuesday, June 3, 2003 from 7:45 - 9:30 a.m. at the Ann Arbor IT Zone Launch Pad, 330 E. Liberty, Ann Arbor, MI 48104; 734.615.9310; View map at  

We encourage everyone to register in advance at For additional information, email The fee of $25 for advanced registration includes a Zingerman's Continental Breakfast. Registration will be $30 at the door.

"Accelerate your Career Advantage with Leading Business Practices" with Bob Quinn & Michael Johnson (June 3)
Join the UMBS Club of Detroit for an incredible educational opportunity featuring two of Michigan's key faculty.  This is a unique opportunity to hear from and discuss with pioneering Business School faculty ways that you can accelerate your career. Your evening will begin with a welcome from Raymond R. Reilly, Associate Dean for Executive Education, who will introduce our topic and main speakers. Bob Quinn is an expert on organizational leadership and change. He is the author of numerous journal articles and books, including Becoming a Master Manager and Deep Change, and is regularly involved in the teaching and design of executive programs. He has consulted with major corporations to develop solutions to complex organizational issues. Michael Johnson works with a variety of companies and public agencies on issues pertaining to customer strategy, product and service quality improvement, and customer satisfaction and loyalty measurement and management. His most recent book, co-authored with Anders Gustafsson, Competing in a Service Economy: How to Create a Competitive Advantage through Service Development and Innovation, will be available in May.


5:00 p.m. Hors d’oeuvres and Networking
6:00 p.m.  Welcome by Raymond R. Reilly, Associate Dean for Executive Education; Professor of Business Administration
6:15 p.m.   “Value Creation: The Personal Core” with Robert E. Quinn, M.E. Tracy Collegiate Professor of Organizational Behavior and Human Resource Management
7:15 p.m. Break
7:30 p.m. “Competing in a Service Economy” with Michael D. Johnson, D. Maynard Phelps Collegiate Professor of Business Administration and Professor of Marketing
8:30 p.m.    Adjourn

This event will be held at the University of Michigan Business School, Room TBD.  This event is free and open to the public, but the club asks people to register at  For more information, please contact Ed Karls at

Ann Arbor IT Zone Forum Featuring U-M President Mary Sue Coleman (June 9)
Save the date!  Join the Ann Arbor IT Zone on June 9 for an IT forum featuring U-M President Mary Sue Coleman who will discuss “U-M’s Role in Economic Development.”  This event is co-sponsored with MichBio.  The event will be from 4:30 - 7:00 p.m. at Hale Auditorium and the U-M Business School.

"Mid-Year Economic Outlook: A Wall Street Perspective" with John Connallon, Solomon Smith Barney (June 17)
This event is co-sponsored with the Southeastern Michigan Chapter of the Association for Corporate Growth (ACG). Mr. John Connallon, Sr. Financial Analyst, will present the Midyear Economic Outlook at this breakfast meeting (visit for bio).

The event will be held at the Birmingham Country Club in Birmingham, and will begin at 7:30 a.m. The event should conclude by 9:00 a.m. A full breakfast is provided with admission. Cost is $15 for UMBSCD members, and $35 for non-members. Registration will be handled through ACG, details will follow shortly.  

For more information contact club president, Steve Morris, at


"A Company of Leaders" (May 20)
Please join the UMBS Alumni Club of Atlanta for "A Company of Leaders," a Robert Quinn Lecture on Empowerment on Tuesday, May 20 from 7:00 - 9:00 a.m. The morning session will focus on how to empower yourself and others, and the benefits that come from an empowering environment. This event will be held at the offices of Arnall Golden Gregory LLP (2800 One Atlantic Center, 1201 West Peachtree Street, 26th Floor).

Please RSVP to  For more information please contact Evan Rogoff at

Atlanta Business School Alliance (ABSA) Career Networking (May 28)
In transition at the moment? Looking for an even larger support group? Then come join the Atlanta Business School Alliance's Career Networking Group. We meet every other Tuesday at 9:00 a.m. at the Garden Hills Recreation Center (335 Pinetree Drive). This event is open to ABSA alumni only (no guests please).

Please contact for more information or visit the ABSA website at

ABSA / Harvard Leadership Breakfast (May 29)
Please join the ABSA as Harvard hosts their Leadership Breakfast series. This month's speaker is John A. Sibley, III, President, The Georgia Conservancy, and will be held from 7:15 - 9:00 a.m. at the Buckhead Club (3343 Peachtree Road, 18th Floor, Main Dining Room). This will be the final Leadership Breakfast until October 2003.

For more information, please visit the ABSA website:


Michigan Business School Alumni Meeting (May 17)
Save the Date! Join Michigan Business School Professors Gunther Dufey and Pris Rogers as they update the German Alumni Club on current Business School activities.

10.30 - 13.00  Report from Michigan
13.00 - 15.00  Lunch
15.00 - 17.00  Boat trip on the Main/Museum Tour
17.00 - 19.00  Free time / City Tour
20.00              Dinner (Applewoikneipe)
24.00              Going-out in Frankfurt

For more information, contact Andreas Kirschkamp at 0049.163.7491053 or


Informal Alumni Dinner with Professor Emeritus, Vern Terpstra (May 20)
Michigan Business alumni will host an informal dinner with visiting Professor Emeritus Vern Terpstra and his wife, Bonnie. Time and location TBD.

For more information, contact Otto Driessen at


Project by Project Southern California First Annual Food and Wine Tasting Benefit (May 16)
Please join us for the best of Los Angeles' culinary talents and renowned wineries for Project by Project Southern California's First Annual Food & Wine Tasting Benefit. This evening of fine wines and savory dishes will also be accompanied by an expansive silent auction. Net proceeds benefit the youth development efforts of the Chinatown Service Center Youth Program.

The benefit will take place on Friday, May 16 from 7:30 - 11:00 p.m. at Astra West in the Pacific Design Center (8687 Melrose Avenue, West Hollywood).  Ticket price is $75 for presale through Monday, May 12, and $95 at the door. 

PARTICIPANTS (Partial List): 11 Madison, New York City; Astra West, Los Angeles; Craftsteak MGM, Las Vegas; JAAN at the Raffles; L'Ermitage Hotel, Beverly Hills; Mako Sushi, Beverly Hills; Max Restaurant, Los Angeles; Michael's, Santa Monica; Melisse, Santa Monica; Opaline, Los Angeles; Sona, Beverly Hills; Spago, Beverly Hills; The Globe, Venice Beach; Cakebread Cellars; Foley Estates Winery; Joseph Phelps Winery; St. Francis Winery; Louis Jadot Winery; Rosemount Winery; Penfolds Winery; Lindemans Winery; Wynns Winery; Bonaccorsi Wine Company; Sunstone Vineyards and Winery; Barnett Vineyards; Ironhorse Wineries; Au Bon Climat (Clendenen Lindquist Vintners); and Flying Goat Wineries.

For more information, please contact Theresa Chu, VP Marketing, Promotions, PR, Project by Project Southern California, at or 909.396.9436  For more information about PbP please visit their website at

Michigan Business School Professor Michael Johnson To Speak at Alumni Event (June 19)
Professor Michael Johnson will be the featured speaker at an alumni event in Los Angeles on June 19 at 6:00 p.m.  Time and Location TBD. 

For more information, contact Kathie East at


Inaugural Meeting of the UMBS Alumni Club of Southeastern Wisconsin (June 13)
The new UMBS Alumni Club of Southeastern Wisconsin is having a kick-off gathering on the lower patio of the Milwaukee Ale House on Friday, June 13th, from 5:00 to 7:00 p.m. We invite you and your spouse/significant other to come make connections with fellow Business School grads.

New York, NY

AIDS Walk NY (May 18)
Walk with your fellow Wolverines to help combat AIDS on Sunday, May 18 at 9:00 a.m. in Central Park. 

For further details, contact Seth Shapiro at

"Welcome to New York" Happy Hour (June 4)
Come on out on Wednesday, June 4 from 6:30 - 8:30 p.m. and drink with your fellow alums and the MBA interns visiting us this summer!  Location is still TBA. 

For more information, contact Sherry Lee at  Sponsored by the UMBS Alumni Club of NY.

International Party Series: Japanese Edition (June 5)
Come and enjoy this new event series, celebrating the food, drink and culture of Japan on Thursday, June 5 from 7:00 p.m. - 12:00 midnight.  The party midtown location will be disclosed on June 3 to registered participants only.  Hosted by Aude Ekert (MBA '02).  Cost is $42 payable through to Aude Ekert by Monday, June 2. 

For further details, contact Aude Ekert at for more information or to help run future events (Morocco, Brazil and Italy).

Multi-School Alumni Boat Cruise (June 12)
You won't want to miss this fun annual event, which sails on the high seas of the Hudson and East Rivers, and is co-sponsored by several Big Ten and Big 12 schools. More details soon! 

For further details, contact Seth Shapiro at

U-M Alumni Club of NYC Hosts Michigan Beach Party Weekend in the Hamptons (June 13-15)
Come enjoy a weekend of sun and fun at our exclusive Michigan Hamptons beach party house!  To sign up for the Michigan Beach Party in the Hamptons weekend (or for any other Hamptons weekend), please contact David Shapiro at 212.574.4844. You can also contact Bob Crespi (MBA '99) at for additional information, or visit and click on the Hamptons tab.

Michigan Financial Services Panel & Networking Reception (June 19)
You won't want to miss this event, which will feature some of our most distinguished Michigan alums!  Panelists include Lisa Black (MBA '87), TIAA-CREF; Simon Kahn (MBA '98), American Express; Bart McDade (MBA '93), Lehman Brothers; Thomas Ostrander, Citigroup; and B. Joseph White (PhD '75), Fred Alger Management. The event will be held on Thursday, June 19 from 6:30 - 8:30 p.m. at Morgan Stanley Headquarters, 1585 Broadway (between 47th & 48th), 41st Floor, West Auditorium, New York City.  RSVP to Cecil Shepherd at Seats are limited. Refreshments will be served.  Sponsored by the UMBS Alumni Club of NY.

For more information, contact Cecil Shepherd at

U-M Alumni Club of NYC Hosts Michigan Day at Six Flags Great Adventure (June 22)
Join us on Sunday, June 22 at 8:30 a.m. for Michigan Day at Six Flags Great Adventure.  Be sure to bring your bathing suits if it's a hot day, as we'll be spending the daylight hours in the water park!  Meet at Gate 324 at the Port Authority Bus Terminal, 42nd St. & 8th Ave.
For more information, contact Sherry Lee at

Michigan Day at Yankee Stadium  (July 20)
Come join your fellow Wolverines and root for baseball's 27-time World Champions as they take on the Cleveland Indians. The game begins at 1:05 p.m.  The cost is $9 per ticket, 25 tickets are available, first-paid, first-served. Please pay using PayPal, and send your payment to

For more information, contact Bob Crespi at

San Francisco Bay Area, CA

UMBS Professor Johnson To Speak at Alumni Event (June 18)
Save the Date! Professor Michael Johnson will be the featured speaker at an alumni event in San Francisco on June 18 at 6:00 p.m.  Time and Location TBD. 

For more information, contact Kathie East at


Happy Hour in Tangletown (May 16)
Get ready for another Business School Happy Hour! Join us on Friday, May 16 at 6:00 p.m. when we're back on the West Side at the NEW Elysian Brewing Company Location in Tangletown - 2106 B. 55th St. (Green Lake/Wallingford).  NOTE: This is not the same place as the February Happy Hour. At the request of some of our consulting friends who aren't in town during the week, we're doing this one on FRIDAY! Blow out of work early and start the weekend with some good ol' college chums!  All Business School alumni, friends, family, and significant others are welcome as usual.

Directions: Elysian-Tangletown is located at 2106 N 55th in Seattle. 5 blocks East of Greenlake and 10 blocks North of Wallingford. From I-5 take the 50th Street exit and head WEST approximately 3/4 of a mile. Take a right on Meridian, head North 5 blocks. We are on the corner of N 55th and Meridian.

Please contact John Gearty at if you plan on attending so we know how much space to reserve.


Save the Date!  Alumni Dinner Reception in Shanghai (May 18)
This May, Senior Vice-Provost Lester Monts will lead the 1st University of Michigan Delegation in Art to visit Beijing, Tianjin, and Shanghai. The delegation consists of three deans: Art & Design, Architecture and Urban Planning, and Music. The purpose of the visit is to establish academic exchange programs for both students and faculty in art. The delegation would like to meet alumni in China, and we will have an alumni dinner reception in Shanghai on May 18.  More details to follow. 

For more information, contact Yifan Tang at


Spring Reception for Dean Dolan (May 22)
The UMBS Society of Washington, DC, invites alumni and guests to a Spring Reception for Dean Robert J. Dolan from 6:00-8:30 p.m. at Latham & Watkins LLP, 555 Eleventh St., NW, Suite 1000. RSVP by May 19 to Matt VanderGoot at

"Negotiating Your Way Through the Job Phases" (June 12)
On June 12, 2003, the Princeton Alumni Club of Washington will present a "Net Night" on "Negotiating Your Way Through the Job Phases."  This will be a joint networking event with the University of Michigan Business School.  The event will be held at UBS-Paine Webber (1501 K Street NW, Washington DC) from 6:00 - 10:00 p.m.  For more information, contact Judy Spector at


"Asian Financial Markets: The Role of Corporate Governance" with Professor Gunter Dufey (June 2)
The UMBS Club of Switzerland requests the pleasure of your company at the 6th Michigan Workshop & Dinner featuring guest speaker, Gunter Dufey, Professor Emeritus of Corp. Strategy, International Business and Finance, University of Michigan Business School.  Professor Dufey will present "Asian Financial Markets: The Role of Corporate Governance" on June 2, 2003 at the Heugümper Club (1st floor) starting at 19:00 hrs. 

19:00 - 19:30    Drinks
19:30 - 20:00    First course
20:00 - 20:45    Keynote speech: Prof. Gunter Dufey
20:45 - 21:30    Second course

To register, email club President Beat Geissler at by May 12, 2003.  The contribution for the dinner (CHF 90.-) will be charged at the beginning of the event. 

For more information, contact Beat Geissler at

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Lifelong Learning

Upcoming Programs Available from Executive Education

Effective Sales Management (July 7-9, 2003)
Even in the best of times, sales and marketing are a challenge. Now more than ever, you need the tools that deliver results. In fact, our top-ranked executive education programs will provide you with an entirely new toolbox. Attend this program and you will discover methods for coaching, counseling and motivating salespeople; identify specific activities and action plans that produce long-term results for your sales team and organization; and learn how to avoid the common barriers to results-oriented management.

For more information, visit

Human Resource Executive Program (July 14-25, 2003)
This two-week senior program examines how HR practices play an integral role in achieving and sustaining competitive advantage in the marketplace. This internationally recognized program focuses on the link between business strategy and HR management.

Participants will acquire a new skill set as defined by Michigan's award-winning HR Competency Study, create a customer-focused culture and learn how to best articulate the value of your HR investments.

For more information, visit

Management of Managers: The Challenge of Leadership (July 14-18, 2003)
Effective leaders need multiple skills to allow for flexibility in successfully managing and leading in diverse situations. This program provides an integrated leadership framework that enables the participants to identify and formulate value-creating opportunities. Participants will develop a deep understanding of the interplay between leadership competencies and their organizational culture and strategy.

For more information, visit

Finance for the Non-Financial Manager (August 18-22, 2003)
This five-day program, one of the most popular courses we offer, has been especially designed to meet the needs of managers working in functional areas other than finance, such as marketing, sales, engineering or manufacturing. It has also been very valuable for general managers who have been promoted through these functional areas, and who find they need to gain a deeper understanding of financial principles.

For more information, visit

To access information on the top-ranked executive education programs offered by the Business School, visit their web site at

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Alumni Career Services

Job Opportunities for Alumni!

Job descriptions taken from the Alumni Job Postings website in M-Track at If you would like to post an employment opportunity for current students or fellow alumni, please visit

Moody's Investors Service
VP/Senior Analyst

Location:  NY
Job Objective:  Individual will be responsible for in-depth quantitative and qualitative analyses.
Job Responsibilities:  Managing issuer relationships for States-High Profile Team, covering a portfolio of state and municipal issuers, writing reports, doing research and writing special comments on significant trend/events and frequent meetings with investors to discuss Moody's ratings.

For more information about this position, please visit

You will need your iMpact login and password to access this information. If you need an iMpact login and password, email Alumni Relations at or call 734.763.5775.

America West Airlines
Manager - National Sales

Location:  Southwest
Job Description:  Develop and implements sales strategies; persuade travel agencies and other travel related providers to maximize utilization of AWA and AWV products.  Lead single direct report in developing and achieving aggressive sales revenue objectives via sales management and by closely coordinating with National Sales staff from the airline division.  Directly responsible for lead generation, sales proposal development, customer service, and outside sales.  Develop travel agent and similar relations that will consist of sales leads, research, cold calling, qualifying leads and developing leads.  Establish, cultivate and maintain key relationships with Revenue Management and Customer Care organizations as well as with our business partners.  Participate in promotional vents in new and existing markets to establish/enhance AWA/AWV presence within the travel community.  Travel approximately 35%.

For more information about this position, please visit

You will need your iMpact login and password to access this information. If you need an iMpact login and password, email Alumni Relations at or call 734.763.5775.

To view all Business School job postings, visit the Alumni Job Postings in iMpact at For additional job postings, visit the U-M Alumni Association Career Center website at

If you have a position that you would like to post for Business School alumni and students, please fill out the form located on the Business School’s website at

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UMBS Marketplace Sale!!

The Business School is looking for a new logo.  This means that current UMBS Marketplace clothing and gifts will soon become collectibles!  So, to get rid of all this "vintage" merchandise, everything at the UMBS Marketplace is on sale!

Prices have been lowered for savings of 10-40% off the original price! 

Champion® Mesh Shorts are marked down 10% to $22.50!

  Save 20% on our Twill or Navy Sports Hat!  Marked down to $12.00 ea.!   Save 30% on our Business School Adult T-shirt - now $7.00!  

Our Future Grad T-shirt is marked down 40% to $10.00!

So, check out all our merchandise online at!  Order soon, supplies are running out!!!

MichiganMail is sent out on the 1st and 3rd Friday of each month (excluding holidays). Please send information or announcements for MichiganMail to Submissions must be received at least 2 business days prior to mailing. Please put "MichiganMail" in the subject line of your email.

If you would like to unsubscribe from the MichiganMail email list, send your request to Alumni Relations at Please note that currently this request will remove you from all Alumni Relations email correspondence. Your request will take 24 hours to process.

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