New Leadership Added to College’s Advisory Council
Cindy Jorgensen, EMBA ’00, chief financial officer at Southwest Business Corporation, and Lanham Napier, president and CEO of Rackspace Hosting, have been named vice chairs of the College of Business Advisory Council. Pat Frost, president of Frost Bank, continues to serve as chairman.
New members joining the college’s advisory council are Denise Bendele, ’87, partner, Padgett, Stratemann & Co., LLP; Dr. Ruth Berggren, director of the Center for Medical Humanities and Ethics at the University of Texas Health Science Center at San Antonio; Ann Bohl Deacon, ’84, founder and CEO of Deacon Recruiting Inc.; Clay Killinger, ’83, senior vice president and controller at Valero Energy Corporation; Janelle Sykes, senior vice president and chief financial officer at C.H. Guenther & Son, Inc.; and John Zachry, CEO of Zachry Construction Corporation.
The college’s advisory council is charged with advising the dean, faculty and staff on curricula and programs, career planning and placement of students, alumni engagement, external affairs and other issues affecting the future of the college. Council members also support the college’s fundraising efforts and provide a direct link between academia and the business community.
College Hosts Inaugural H-E-B Day
H-E-B executives Craig Boyan, chief operating officer, and Al Barrientez, group vice president of warehouse operations and Mexico supply chain, kicked off the H-E-B Day event in the UTSA College of Business last spring.
The networking event featured 10 H-E-B executives who guest-lectured in the college throughout the day. In addition to Barrientez and Boyan, guest lecturers were Jorge Elizondo, vice president of customer insights; Glynn Evans, vice president of data services/security enterprise architecture; Joseph Fielder, managing counsel in corporate law; Tina James, senior vice president of human resources; Bob McCullough, senior vice president of manufacturing; Eric Moede, director of real estate; Greg Souquette, senior vice president/general manager of SA/West Region; and Jeff Thomas, ’82, senior vice president and general manager of the Central Texas Region.
The event included a luncheon and keynote address by Suzanne Wade, president of the San Antonio Food/Drug Division of H-E-B. Wade is the highest-ranking female executive at H-E-B and is responsible for the sales, profitability and welfare of 205 H-E-B stores. Wade is a member of the UTSA College of Business Executive Committee.
More than 1,000 business students participated in the event. As a result, nine business students received internships with H-E-B in areas such as corporate, manufacturing and store operations. UTSA students accounted for 24 percent of all H-E-B interns this summer.
Real Estate Community Enriches REFD Program
The local real estate community has continued its support of the college’s Real Estate Finance and Development (REFD) program. These efforts have been led by the REFD Founders Council, an advisory board of real estate leaders charged with furthering the support and growth of the REFD program. Walter Embrey, Embrey Partners, chairs the Founders Council.
In the past year, more than 25 executives have shared their insights with real estate students by participating as guest lecturers both in the classroom and through specialized events such as the Supper with Students program, which was established by Founders Council Executive Committee Member Norman Dugas.
The dinners were held bimonthly and featured guest speakers from the San Antonio real estate community. The speakers provided an overview of their industry and their particular job and offered suggestions for entering the industry.
Speakers included Jeff Booth, Embrey Partners Ltd.; Bob Buthod, KB Home San Antonio; Oscar Coronado, ZHI; Cecilia Garcia, City of San Antonio Planning Commission; Larry Heimer, Bury & Partners; Dale Kane, First American Commercial Property Group; Martha Mangum, Real Estate Council of San Antonio; David Nielsen, Transwestern; Andrew Ozuna, ’91, Regions Bank; and Tim Swan, Metropolitan Contracting.
The program partnered with the college’s Center for Student Professional Development to host the third annual Real Estate Expo. Representatives from 14 companies and organizations discussed career and internship opportunities with participating students in the spring.
“The expo allowed students to interact with real estate industry representatives,” said Sharon Straus, director of business development at Koontz McCombs. “The students asked intelligent questions and took time to listen to the advice of industry participants.”
Participating companies were Embrey Partners, First American Commercial Property Group, Galaxy Builders Ltd., Joeris General Contractors Ltd., Koontz McCombs, Lyda Swinerton Builders, Metropolitan Contracting Company, Presidio Title and Yantis Company.
Organizational participants were Associated Builders and Contractors, Certified Commercial Investment Member, Commercial Real Estate Women, Institute for Real Estate Management and the International Facility Management Association.
Real estate community members have also organized to host fundraising events for the REFD program. For the second year, members of the Real Estate Council of San Antonio Leadership Development Program hosted a clay shoot benefiting the REFD program. Proceeds from the event resulted in the establishment of the $10,000 Real Estate Council of San Antonio Leadership Development Endowment Scholarship.
The college’s dynamic Real Estate Finance and Development Program has grown to over 150 students in the past year. The college offers a BBA degree in real estate finance and development, an MBA concentration in real estate finance, an MS in finance with a concentration in real estate finance as well as a new MS in construction science and management.
Signature Speaker Series benefits student prograMming
The College of Business hosted its third Signature Speaker Series last November featuring Jim Farley, group vice president of marketing and communications at Ford Motor Company.
The Signature Speaker Series is a forum where students, faculty and alumni can come together and hear from some of the brightest business leaders of our time.
Richard T. Schlosberg III, retired publisher and CEO of the Los Angeles Times, served as master of ceremonies for the event. The series was presented by Wachovia. Red McCombs Ford and McCombs Ford West were the general reception sponsors. More than $95,000 was raised for student scholarships and programming in the College of Business.
The event was led by an alumni host committee. Committee members were Iñigo Arzac, ’05, City of San Antonio; Carlos Barbosa, ’94, Wells Fargo & Company; Denise Bendele, ’87, Padgett, Stratemann & Co.; Abigail Erwin, EMBA ’99, Deacon Recruiting; Susan Filyk, MBA ’95, U.S. Global Investors; Brent Given, ’85, The Bank of San Antonio; Tracy Jackson, ’93, Tesoro; Kathleen Martinez, ’94, Wachovia; Andrew Ozuna, ’91, Regions Bank; and Al Tomita, MBA ’01, Sushi Zushi.
Construction Begins on College’s New Financial Studies Center
Construction began this summer on the college’s new Financial Studies Center. The 1,800 square-foot center will feature a 26-seat trading lab and a separate classroom for financial literacy programming. Staged to look and operate like a trading room commonly found on Wall Street, the center will be equipped with Bloomberg terminals providing electronic sources of financial news and investment data.
The center will provide UTSA students, South Texas professionals and the community with a real-world, real-time environment for hands-on training in capital markets. Students will also be able to take Bloomberg certification courses to improve their skills once they enter the job market.
More than $100,000 was raised in support of the center. Jeanie Wyatt, MBA ’86, CEO and chief investment officer of South Texas Money Management, LTD; and Frank Holmes, CEO and chief investment officer at U.S. Global Investors Inc.; have each generously sponsored a Bloomberg terminal for the center. Additional funding came from the Volney E. Dibrell Trust.
Specialized finance courses will be taught exclusively in the center. It will also be utilized as a resource for students in the Investment Society and the Financial Management Association student organizations.
Members of the Investment Society furthered their financial knowledge by attending the Wharton Finance Conference last fall in New York City. The students met with leading finance professionals and UTSA alumni working in the finance industry. Alumnus Pat Clynes, BBA ’89, manager at BP Energy, helped finance the students’ trip.
“The center will allow students to acquire practical knowledge regarding the functioning of financial markets, data collection and data analysis,” said Dr. Lalatendu Misra, chairman of the Department of Finance and U.S. Global Investors Inc. Fellow in Finance. “The Financial Studies Center also is a valuable resource for the development of students’ technical expertise in trading, portfolio and financial management activities.”
A grand opening for the Financial Studies Center will be held in spring 2010.
Center Expanding Community Partnerships
The Center for Innovation and Technology Entrepreneurship (CITE), a joint venture of the College of Business and the College of Engineering, has expanded its partnerships in the community this past year.
First, CITE launched its inaugural advisory board this summer. The board is chaired by Paul Castella, MBA ’05, managing general partner, Incyte Ventures. Members are John Bray, lawyer, Cox Smith; Lawrence Crynes, senior process engineer, Marathon Oil Corporation; John Kirk, owner, the JFK Firm LLC; Dean McCall, CEO and co-founder, Ideagin; Whitney Solcher Miller, managing director, San Antonio Capital Management LLC; William Tolhurst, BS ’85, managing director, Quantimum LLC; and Alan Weinkrantz, president, Alan Weinkrantz & Company.
The board is charged with building the profile of CITE, integrating CITE with regional technology entrepreneurship resources and participating in the growth and funding of the center to enable long-term success.
CITE has also gained community support for its New Technology Start-up Competition which is held each semester to give students hands-on experience as early stage entrepreneurs. Business students team with engineering students to create a new product, develop a business plan and compete for business funding. More than 125 students have participated in the competition since 2007.
Beginning this year, Cox Smith has joined the venture and is providing pro bono legal services for the student teams and $22,500 in funding for the center. The students will also receive personalized mentoring from members of the San Antonio Harvard Business Club. The Texas Research Technology Foundation, an inaugural sponsor, has renewed its commitment to the program to provide $45,000 over three years for the start-up competition.
CITE focuses on fostering the growth of entrepreneurs and new technology-based ventures through a process of education, experiences, resources and support.
Newkirk Family ENDOWS Memorial Scholarship
Alumnus Devin Newkirk loved banking, traveling, playing the trumpet and UTSA. When he passed away in 2009 after a two-year battle with cancer, his family turned to UTSA to help establish a legacy for their son, the Devin Newkirk Memorial Endowed Scholarship.
“While I realize that the university cannot share in the grief of such personal losses, it does provide me, and I’m sure others, with a wonderful avenue of remembrance for our lost family members through its endowed scholarship program,” said his father, Calvin Newkirk.
Devin received his bachelor’s degree in finance from the College of Business in 1988. He had established a successful financial career in the banking industry and had just received his chartered financial analyst certification. At the time of his death, he was the senior vice president of Integra Bank in Indiana.
Several days before Devin’s death, Calvin contacted the university to inquire about establishing a memorial scholarship for his son. Devin reviewed the criteria with his father, helped decide the best use for his scholarship and thanked his dad for this tribute.
“I think the establishment of the scholarship gave Devin some sense of relief from the frustration that I’m sure he felt when confronted so suddenly with the fact that he was losing his life before being able to fully realize his ambitions,” said Calvin. “Establishing the fund has brought a degree of healing to my heart that would not have taken place otherwise.”
“He was proud that he would be remembered through this scholarship,” said his mother, Barbara Baker. “Knowing that this endowment would help students for years to come gave Devin great comfort during the last few weeks of his life. We are grateful for the wonderful response from friends and family in making this scholarship possible.”
More than $32,000 has been contributed to the scholarship fund since his passing. The first recipient of the Devin Newkirk Memorial Endowed Scholarship was named this fall.
Ernst & Young Establishes 150-Hour Scholarship Program
The Department of Accounting and Ernst & Young have created the Ernst & Young Accounting Opportunity Program to increase the number of CPA-ready students graduating from the 150-hour program.
The Ernst & Young Foundation, the Ernst & Young San Antonio office as well as UTSA E&Y alumni have committed $50,000 over the next two years to establish the Ernst & Young Accounting Scholarship for students pursuing their master’s degree through the 150-hour program.
Gifts from alumni, matched by the Ernst & Young Foundation, support the faculty mentorship program as well as outreach activities to ensure the program’s success. Fundraising efforts kicked off last fall when Ernst & Young hosted the 2nd Annual Accounting Alumni Mixer held at the College of Business. Dr. Martha Fasci, associate professor of accounting, has been named the E&Y faculty mentor.
The scholarship program will name five Ernst & Young Scholars each year. This year’s recipients are Gabriel Aceves Degollado, Noemi Grullon, Briana Ramirez, Paola Resendez and Kari Weiland.
“Through this collaboration with Ernst & Young, we can encourage our students to continue their education by participating in the 150-hour program and becoming CPA-ready upon graduation,” said Dr. James Groff, chair of the Department of Accounting. “We value this partnership and hope to encourage all of our accounting students to pursue this educational path.”
Sterling Endowed Scholarship created Through Bequest
The $63,000 Leonard and Shirley Sterling Endowed Scholarship was established this past year after the passing of UTSA benefactor Shirley Sterling. Sterling owned Sterling Income Tax Service and was an avid world traveler.
In addition to the planned gift, Sterling was a regular contributor to the College of Business and established the Endowed 1969 Commemorative Faculty Award for Overall Faculty Excellence in partnership with friends Philip and Jean Piccione.
“We are grateful to the many individuals who generously support the college on an ongoing basis,” said Kim West, executive director of advancement in the College of Business. “For the vast majority, making a large contribution isn’t possible during the course of their lifetime.
Creating a bequest to UTSA is a way for many to make a significant and lasting impact.”
The Leonard and Shirley Sterling Endowed Scholarship will be used to provide funding for business graduate students. Endowed scholarships serve as a lasting legacy and support the college’s mission to educate students.
UTSA College of Business
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